Monday, October 20, 2014

Name That Party: Penn. Supreme Court Suspends Justice Over Pornographic Emails

TPM reports:

The Pennsylvania Supreme Court on Monday suspended Justice Seamus McCaffery (pictured top left) for using his personal email to send pornographic images to state employees, according to the Philadelphia Inquirer.

McCaffery admitted that he sent sexually explicit emails with a private account. Chief Justice Ronald D. Castille released an account of over 200 emails sent or received by McCaffery containing inappropriate materials, according to the Inquirer.

TPM forgets to name that political party Justice Seamus McCaffery belongs to.

James O'Keefe About To Unleash Havoc After Donna Brazile Tweet

Truth Revolt

Santelli & Schiff: "A Messy Exit Is A Given... Ending QE Will Plunge US Into Severe Recession"


Boston Fed considers ways to bridge income gaps

The Boston Globe on the out of control Fed.

New York Gangsters: Murder, Mafia, and Drugs | Full Movie HD

Paul Krugman Wants You to Pay Higher Prices on Books

The New York Times

Cook County Voting Machine Miscasts Candidate's Vote: Republican Candidate tries to Vote For Himself

Illinois Review

Mark Begich Refuses To Say If He Voted For Obama

Housing recovery in red states trounces blue states

Marketwatch reports:
In the past two years, the housing markets have recovered faster in red states than in blue, a new analysis reveals.

According to data from RealtyTrac, most housing markets in the U.S. (52%) are better off now than they were two years ago, though 11% are worse off and for the 36% remaining it’s merely a toss-up. Put simply, to be declared “better off,” a majority of the residents in that state had to live in counties that exhibited at least three of these five factors (all of which have a strong influence on housing health): significantly fewer foreclosure starts; higher median home prices; a percentage of homeowners who are severely underwater on their mortgages that was lower than the national average; significantly lower unemployment; and be counties where home prices didn’t rise so quickly that many average people could no longer afford to purchase a home.
The great moments of Blue America

"Lincoln Unmasked" | Thomas J. DiLorenzo

New York City pays $200K to store homeless ex-model’s belongings

The New York Post

Samuel Huntington on the 'Clash of Civilizations'

E-Mini Liquidity Has Crashed 40% In The Past Quarter, JPMorgan Finds


Suffolk-Herald poll: Shaheen ahead of Brown in NH by 3 points

The Boston Herald reports that Scott Brown is gaining ground.

Economic suicide: New study of Chicago area effective property tax rates should leave you speechless – Obamaland Taxes Your Real Estate

Wirepoints has an amazing story. Here's the link to the Civic Federation study. Click on the table: you'll notice Evanston, Illinois where Northwestern is located has rather high property taxes because Northwestern doesn't pay its' "fair share". Who could be greedier than tenured socialist professors who constantly call for higher taxes on everyone except the institutions they work at ? Check out Harvey ,Illinois where Cook County Democrats have a residential property tax rate of 8.87%!!!!! Harvey is 75% African-American ! Why do Cook County Democrats hate black people so much that they want to tax them out of existence? Why? As columnist Dennis Byrne has said it's worse than you think.

ObamaCare — Why, sure, it's 'paid for'

The Hill

The New Underground Economy in Germany: The Internet Hurting VAT Taxes

Martin Armstrong

Look Out for Obama's Legacy

New Geography reports:
The Clerisy’s ascendency was predicted more than 40 years ago by the great sociologist Daniel Bell. The rise of knowledge-based industries, he predicted in his landmark 1973 book, “The Coming of Post-Industrial Society,” would establish the “pre-eminence of the professional and technical class.” This new “priesthood of power,” he suggested, would aim for the rational “ordering of mass society.”

Although usually somewhat progressive by inclination, the Clerisy actually functions much like the old First Estate in France – the clergy – helping determine the theology, morals and ideals of the broader population.

Nowhere is this function clearer than in the university itself, from which Barack Obama sprang, and which has become an essential part of his political coalition.
An article well worth your time.

Milking the State Department's cash cow: Microsoft And Others

The American Thinker reports on Microsoft ripping off federal taxpayers among other things.

David Friedman Takes on Hard Questions for Libertarians

JOEL KOTKIN: Thunder on the Left

Joel Kotkin reports:
Much has been written about the right-ward shift of the Republican Party, but far less about a mounting left-wing movement among Democrats. While the media tends to dismiss the right-wingers of the GOP as “wingnuts,” it typically refrains from categorizing even the extreme left of the Democratic Party in a similar manner.

President Barack Obama has accelerated this leftward trend in two ways. First, his administration, particularly in contrast to that of former President Bill Clinton, has laid the rhetorical basis for a move to the left by shifting the party agenda on social, environmental and economic policies. Clinton may have declared that “the era of big government is over,” but under Obama an ever-expanding federal government has become the essential raison d’être for the party.

Yet if Obama’s soaring rhetoric set the stage, his weak record of achievement has sparked mounting concern among left-leaning activists. Obama’s success has hinged in part on the far-left portions of the party controlling their more-fevered passions, particularly about ever-increasing income inequality and bans on fossil fuel use.

But now many on the political left are openly critical of the president, notably for his close ties to the moguls of Wall Street and Silicon Valley. These moguls have been the predominant beneficiaries of his economic policies while middle-class incomes have continued to languish – and even fall.
The Democrat party today.

Obama urges Democrats to vote early for Quinn

Redeye Chicago

Sunday, October 19, 2014

Jerry Brown Attacked by Drowning Child in Controversial Ad

At Detroit's border, a barrier separates the haves from have-nots

The L.A. Times

Women’s Studies Professors Pitch Tantrum Over George Will Appearance

The Daily Caller on the tenured fascists trying to limit speech on campus.

Senate Fundraising Totals Are A Bad Sign For Democrats

Nate Silver

Failing Governor, Failing President Bring Failing Agenda to Failing University

The Chicago Daily Observer

The Millennials: Educated. Ambitious. Screwed?

Crain's Chicago Business

Small Business Owners Explain Why France Is A Nation In Decline

The Business Insider

New York Times Editorial Calls For The End of Markets in Interest Rates- A Rate Cap for All Consumer Loans

The New York Times editorial makes history. It's calling for the end of capital markets as we know them:
The Obama administration has proposed much-needed improvements in federal rules that are supposed to protect service members from predatory loans that trap them in debt and, in certain circumstances, can end their military careers. The changes would repair glaring weaknesses in the rules used to carry out the Military Lending Act of 2007. But the administration and Congress should not stop there. Millions of civilians are also exposed to ruinously priced loans. What is needed is a national consumer lending standard — and interest rate cap — to ensure fair credit in the country as a whole.
The New York Times channels its' inner Mikhail Suslov. I guess when you use politicians to steal the land through eminent domain for your new headquarters : you probably wouldn't like a free market in anything. No word yet on whether the moron wrote the unsigned NYT editorial has ever taken a class in economics.

The Sound of Gunshots in Chicago: Gunfire now common in what was a quiet neighborhood

The Chicago Tribune on life in Blue America.

City Threatens to Arrest Ministers Who Refuse to Perform Same-Sex Weddings

Fox News Radio on the tolerance of one town. Don't perform or go to jail?

Likely Voters Favor GOP Led Congress

The Political Wire

Jerry Brown's investments belie monastic image

The San Jose Mercury News reports:
Throughout his political career, Jerry Brown has cultivated an almost monastic image, famously sleeping on a mattress on the floor during his first go-round as governor and flying for peanuts on Southwest during his current term.

But in recent years Brown has quietly built a small fortune in real estate and stock holdings, in part by going into business with prominent Oakland developers whom he once regulated as that city's mayor, a Bay Area News Group analysis of Brown's personal investments shows.

While Gov. Brown was busy over the last four years frugally balancing California's budget, the state's chief executive was actively building up his multimillion-dollar real estate portfolio. Just two years ago, he invested in an $11 million office building near Oakland International Airport in an area that is being considered for a massive "Coliseum City" redevelopment project that could include new baseball and football stadiums.
Jerry Brown: utility maximizer. Jerry Brown got "captured" by the urge to be a profit maximizing rent-seeker. Imagine that.

Friedrich Hayek: Why Intellectuals Drift Towards Socialism

Flashback: Best Selling Historian Howard Zinn Admits He's A Socialist-Wants to Get Rid of Profit Motive

Census Bureau: California still has highest U.S. poverty rate

The Sacramento Bee reports:
California continues to have – by far – the nation’s highest level of poverty under an alternative method devised by the Census Bureau that takes into account both broader measures of income and the cost of living.

Nearly a quarter of the state’s 38 million residents (8.9 million) live in poverty, a new Census Bureau report says, a level virtually unchanged since the agency first began reporting on the method’s effects.

Under the traditional method of gauging poverty, adopted a half-century ago, California’s rate is 16 percent (6.1 million residents), somewhat above the national rate of 14.9 percent but by no means the highest. That dubious honor goes to New Mexico at 21.5 percent.

But under the alternative method, California rises to the top at 23.4 percent while New Mexico drops to 16 percent and other states decline to as low as 8.7 percent in Iowa.

The great moments of Blue America.

Ron Paul Blasts 'Deeply Flawed' U.S. Foreign Policy

Should Eric Holder Be Indentified As An Associate of Organized Crime? Was Eric Holder's Support of Chicago Mob Linked Casino Scheme Part of A Larger Picture?

Is Eric Holder now, or ever been an associate of organized crime? When did Eric Holder learn that Rod Blagojevich was a bookmaker for the Elmwood Park Street Crew of the Chicago Mob?

Obama’s standing with women hurts Senate Dems

Politico reports:
Female voters powered President Barack Obama’s victory over Mitt Romney in 2012, as Democrats leaned heavily on social issues to rally single women and suburban moms to the polls.

But with two weeks until Election Day, the president’s diminished standing with women is quickly becoming one of the biggest liabilities facing Democrats as they struggle to hang onto the Senate majority.

In battleground states across the country, Obama is underwater with female voters — especially women unaffiliated with a political party — and it’s making it harder for Democrats to take advantage of the gender gap, according to public polling and Democratic strategists.
Imagine that.

Obamacare Causing Big Layoffs for Union Nurses


Why late shifts in the polls probably won’t help Democrats in Senate races

The Washington Post reports:
All of the major Senate forecasting models, including ours at Election Lab, now rely heavily on averages of public polls. This raises the question of whether those averages will be correct on Election Day, and whether any misses could affect which party manages to retain control of the Senate. In particular, there is the question of whether polling misses might mean that the Democrats end up with a slim Senate majority after all.

There are reasons to be skeptical that this will happen. It’s not just that we can’t easily predict whether the polls will over- or underestimate one party’s vote share, as discussed by Nate Silver and by Mark Blumenthal & Co. And it’s not just, as Josh Katz and Sean Trende have found, that Senate polls already tend to be pretty accurate at this point in time — especially when candidates have a 3- to 4-point lead, as do Republican candidates in Alaska, Arkansas, Georgia, Kentucky and Louisiana.

The other key point is this: Late movement in Senate polls tends to be in the direction of the underlying fundamentals.
Just a reminder.

Fed Up With Govt Misconduct, Federal Judge Takes Nuclear Option

The New York Observer

Anti-Feminist Lawyer Plans Lawsuit to Force Women to Register for Draft

The Washington Free Beacon

Districts drawn to elect minorities may cost Democrats control of House

McClatchy reports:
Republicans realized in the early 1990s that packing districts with reliably Democratic minorities improved Republican chances in next-door districts, and Democrats who wanted the majority-minority districts would go along. The strategy helped Republicans win control of the House in 1994 for the first time in 40 years, and the party has controlled the chamber for all but four of the last 20 years.

If Democrats are looking for the guilty : they should look into the mirror. Many in their base want districts that vote 90% one way.

Illinois pet breaks world record, dubbed world's tallest cow by Guinness World Records

The AP

American History with George H. Smith, Part Three

Black Vote Seen as Last Hope for Democrats to Hold Senate

The New York Times reports:
The confidential memo from a former pollster for President Obama contained a blunt warning for Democrats. Written this month with an eye toward Election Day, it predicted “crushing Democratic losses across the country” if the party did not do more to get black voters to the polls.

“African-American surge voters came out in force in 2008 and 2012, but they are not well positioned to do so again in 2014,” Cornell Belcher, the pollster, wrote in the memo, dated Oct. 1. “In fact, over half aren’t even sure when the midterm elections are taking place.”

A Newer Geography of Jobs: Where Workers with Advanced Degrees Are Concentrating the Fastest

New Geography reports:
In 1963, nearly 75% of America’s top 50 companies owned and extracted natural resources1. By 2013, only 20% of top firms were natural resource-based. Today, knowledge-focused industries such as IBM comprise over 50% of America’s top 50 firms. Translation: talent is the new oil.

But not every region has reservoirs of human capital. Historically, knowledge economies have gathered in select top-tier metros, termed “Islands of Innovation”. Think Boston and San Francisco. There are numerous reasons for this, including access to select research institutions, as well as the productivity effects that arise when a cluster economy is formed.
There's more:
In line with the Great Divergence, Washington, D.C. and San Francisco are experiencing the 1st and 4th fastest rates of change in the employment of high- skilled workers, respectively. However, three of the top five fastest-growth metros are second tier: Providence, Indianapolis, and Cleveland— each with over a 5% percent point change. While these metros cannot match the top-tier metros in the number of advanced degree jobs gained— e.g., Cleveland gained nearly 44,000 grad-level jobs compared to 157,000 for San Francisco— the data nonetheless speak to a number of second-tier metros converging, or “moving up”, into the knowledge economy hierarchy.
An article well worth your time.

Cord-Cutters Rejoice: CBS Joins Web Stream

The New York Times