Saturday, February 24, 2018

"CalPERS Is Near Insolvency; It Needs A Bailout Soon" - Former Board Member Makes Stunning Admission

Yes, it is worse than we were told.  And Just.  The.  Beginning.  For CA.  For USA.  For The World.

The pension crisis is inching closer by the day. CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon."

The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon.

Friday, February 23, 2018

Ban Gun Free Zones – Episode #032 in 2007!!!

Podcast where they talk about this and other subject.  A DECADE AGO conservatives have pushed the idea of getting rig of Gun Free Zones.

Senator Ron Paul submitted a bill to get rid of School Gun Free Zones in.... 2011!!!!

Yes, in 2011.  You read that right.  Conservatives have known for DECADES that what we saw in Florida was INEVITABLE.

Rep. Ron Paul (R-Texas) has introduced a bill in the House that would allow teachers to carry firearms onto public school grounds. Gun-control groups call it an "extremist" bill.

H.R. 2613, the Citizens Protection Act of 2011, would repeal the Gun-Free School Zones Act of 1990 and remove all federally created criminal safety zones.

The Gun-Free School Zones Act makes it “unlawful for any individual knowingly to possess a firearm at a place that the individual knows, or has reasonable cause to believe, is a school zone.”

Sunday, February 11, 2018

We're about to witness genocide....and no one will care.

South Africa is about to rout their white population.  The final step is to  kill them all.

So, the meme will be, the whites deserved it.

Friday, February 9, 2018

Seattleites making a run to the border for … Coke?

Why is this a surprise?  Did the city council think it would happen any other way?
“Here is the precious fluid,” Mohamed laughs, showing me around the store. He holds up a two-liter plastic bottle of Coke.

He once sold it for $2.79. Now it is $4 — a 43 percent increase, due to the city’s new tax on sugary beverages that went into effect Jan. 1.

“The customer — they look at the price and then they don’t even talk to you,” Mohamed said. “They just walk away.” The reason is that a couple hundred feet away, and around the corner of Southwest Roxbury Street, sits a Bartell Drugs. It’s just 15 feet outside the city limits. And spelled out on its main marquee is one source of Mohamed’s problem: “GET YOUR DRINKS HERE,” it reads. “NO SUGAR TAX.”
So do you think the only thing the customers are buying at the sugar-tax-free store is soda pop?  I think not!  So the business loses more than just soda sales.  They lose EVERYTHING.

Coming Crack up Boom?

Short answer:  own gold

The term "Crack Up Boom" is a phrase used by Austrian School of Economics.
If once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and that consequently the prices of all commodities and services will not cease to rise, everybody becomes eager to buy as much as possible and to restrict his cash holding to a minimum size. For under these circumstances the regular costs incurred by holding cash are increased by the losses caused by the progressive fall in purchasing power. The advantages of holding cash must be paid for by sacrifices which are deemed unreasonably burdensome. This phenomenon was, in the great European inflations of the 'twenties, called flight into real goods (Flucht in die Sachwerte) or crack-up boom (Katastrophenhausse).[5]
maneco64 talks about this in this video:


Glad to see people are listening to me.

Thursday, February 8, 2018

Prop 65 Victim in Illinois

"It your setting a standard that no one can reach....why are you setting a standard?"

Yes, that's the question.  To be perfectly honest, I would stop selling merchandise in CA.  I would never want to get burned by some other scammy law that CA has on the books.

This is twisted and disgusting.

Sunday, February 4, 2018

Think California politics is on the far-left fringe? Just wait for the next elections.

And this coming from the Leftist newspaper, The Washington Post.  Boy, if you're to the left of the WP, then you REALLY are rabid, fringe-ridden deranged Leftist who want to imprison waitstaff for giving you a plastic straw.
For those who think California politics is on the far-left fringe of the national spectrum, stand by. The next election season, already well underway here, will showcase a younger generation of Democrats that is more liberal and personally invested in standing up to President Trump’s Washington than those leaving office.

Here in the self-labeled “state of resistance,” the political debate is being pushed further left without any sign of a Republican renaissance to serve as a check on spending and social policy ambitions. Even some Republicans are concerned about the departure of Gov. Jerry Brown (D), who proved to be fiscally cautious after inheriting a state seven years ago in deep recession.
If I said it once, I said it a million times: GET OUT!!  NOW!!!

Friday, February 2, 2018

States Add to Reserves, Especially Rainy Day Funds

This is the smartest thing a state can do in the face of a Federal Government multiples of trillions in debt.  Keep the state running when things go horribly bad.

Nationally, rainy day funds held $51.9 billion in fiscal 2016—more than before the recession in both nominal dollars and as a share of government expenditures, according to data collected by the National Association of State Budget Officers (NASBO). States had set aside enough in these funds to run operations for a median of 19.1 days in fiscal 2016, or 5.2 percent of general fund spending—more than a median of 16.6 days, or 4.6 percent of spending in fiscal 2007. Early estimates indicate a slight decline in the median amount held by states in fiscal 2017, to 18.6 days, or 5.1 percent of expenditures.

Since the Great Recession, most states have been rebuilding their rainy day funds, as they did after the 2001 recession. However, a number have struggled to save given sluggish tax revenue growth. For example, New Jersey drained its rainy day fund in fiscal 2009 to help ease the budget crunch it faced as a result of the recession and has not managed to replenish it at all since then.
Here's a map showing how many days of revenue is set aside when things go very bad.  NV, NJ, IL, WI, NM, PA are all up the creek without a paddle.

Thursday, February 1, 2018

LA Citizens standup to the man!!!

It is refreshing and heartening to see citizens living in LA who have FINALLY had a enough to lead the charge against the city council wanting to make LA a Sanctuary city.