What Pill is Rubio Popping?

Monday, March 21, 2016
Posted in category Politics

Whatever they are, they didn’t help.

Big Food Player Gives Way to GMO Pressures

Monday, March 21, 2016

General Mills feels “forced” to roll out GMO labeling in products across the national spectrum because the state of Vermont stepped forward and became the first state to require GMO labeling. The decision was made by the company because of the cost of complying with individual states, each with their own laws. But don’t worry – as the article states, “Federal regulators have approved the genetically modified crops currently in the market.” Alas, we can stop worrying and spend time on something more worthwhile like buying stuff and investing in the stock market bubble. A quote from the Wall Street GMO Journal article is pretty telling in its substance:

He said he is still hopeful that Congress will pass a national law that would supersede such state laws, but the company had to move ahead to comply with Vermont.

So once again, state’s rights don’t matter. A huge special interest power, the Grocery Manufacturer’s Association, has been behind the campaign to convince the Feds to overrun the states on this issue. The Big Food Machine wants only the federal government to rule on this issue because they can control the output by buying politicians and organizations, funding special interests, and steering the content of the laws.

Obama For Diaper Welfare

Monday, March 21, 2016
Posted in category Welfare State

The Whitehouse.gov is running a story about “diaper disparity” that reads like flawless satire. The article, written by the Assistant to the President and Director of the Domestic Policy Council (you can’t make that up), refers to this as the #DiaperGap.

There is also no federal assistance for purchasing diapers, unlike other essentials like food or health insurance. Programs like WIC, SNAP, Medicaid help provide parents with nutritious foods and the supports they and their babies need to stay healthy, and the President’s budget has called for $10 million to test effective ways to get diapers to families in need and document the health improvements that result. But unless Congress acts, we don’t have a program to help struggling families buy diapers for their children. So, we’re getting creative and using every tool we have to help solve this problem.

…We want every child to grow, thrive, and reach their full potential. We can make that possible by harnessing the tools of this new economy to serve all Americans, because no family should have to choose between keeping their babies healthy and keeping the lights or heat on.

The problem can be approached by considering a shift in time preferences from high to low, but such a solution will never be discussed because it would (1) hold accountable the individual who is financially unprepared to have children and (2) take on the form of education and lifestyle change, which cannot produce a continuous stream of redistributive largesse like more government programs that promise free stuff for the welfare-grabbing masses.

These same “families in need” have satellite tv, iPhones, all the clothing bells and whistles, and a salon budget larger than mine, but they can’t diaper their children. When my parents got married in 1951 they were very poor, with my Dad working three jobs to sustain a debt-free, middle-class life. My mother made real (cloth) diapers, which are still an option today, and she did this for all six of their children born over the course of nineteen years. But they have to be washed and cared for, and certainly we cannot expect “poor” mothers to care for their own children and lift a finger to keep diapers fresh and washed.

Lastly, I thought that disposable diapers don’t align with the entitlement faction’s EnviroCommunist agenda for “going green?” How do they make an honest choice between welfare programs and piling up diapers in landfills and killing the planet?

diaper

The Clintonistas

Sunday, March 20, 2016
Posted in category Politics

The ugly, scratchy-voiced, wrinkled, vegan-prick Bill Clinton came on the tube tonight and said this: “We are in a position, for the first time since I left office, to restore an era of broadly-shared prosperity.”

Broadly-shared prosperity? Am I the only one who asks, always, define that…define it…what in the fucking fuck does that mean? It means nothing, and the rest of the catatonic masses do not blink an eye at such newspeak because they are brainwashed, dumbed-down, entitlement-seeking slaves. Fuck you, Billary, and your absolute hatred for all who are successful, hard-working, and earnestly ambitious.

Somebody Send Texas “The Memo”

Sunday, March 20, 2016
Posted in category Bubble Economy, Economics

A brand new luxury hotel in Cotulla, Texas went up for auction after being open for just a tad over one year.

Things are unraveling in the oil fields of Oklahoma, which slashed its entire state budget 7 percent, and in the boardrooms of North American energy companies, 48 of which have gone bankrupt so far, according to Haynes & Boone LLP.

…In South Texas, where the 400-mile-long Eagle Ford Shale formation pumps 1.2 million barrels of oil per day, Malana Hotels & Suites owner Bob Zachariah just closed the hotel in Cotulla and put it up for auction. It opened last January with a sleek design and amenities such as iPad stations in the lobby and a lap pool.

…”We had to stop the bleeding,” Zachariah said. “We decided enough was enough.”

…”It’s a geopolitical play that Texas got caught in. What can mere mortals like us do?” Zachariah asked.

The mere mortals can refuse to borrow massive amounts of debt to build exorbitant brick-and-mortar businesses that rely on an unsustainable central planning framework to bring in paying customers. Here is the auction information online.

Hitlary’s LGBT Agenda

Wednesday, March 16, 2016
Posted in category political correctness

Hitlary, in her triumphant speech last night, claimed that a major ambition for her presidency is LGBT rights. And I thought we all had the same rights to life and peaceful choices, as individuals. But then again, the politics of being gay was never about the right to choose and be left alone to live your choices, why is why I began attacking this issue a dozen+ years ago. Being queer, from the outset, morphed into an entitled political class, which then morphed into this perverted gender confusion class that gained the Medical-Psychological Complex stamp of approval, and that whole ordeal has become an aggressive and violent political class that has made heterosexuality and the family its irreconcilable enemy.

And this is why Trump has birthed America Gone Wild. This is why he will win if he survives a Votescam or other attempt to end his political aspirations. Even the average Boobus Americans is sick and tired of this cultural Marxism taking over every angle of American life.

Bring on the Bubble-Business Machine. Again.

Wednesday, March 16, 2016
Posted in category Bubble Economy, Economics

An oldie but goodie from The Onion in 2008.

The current economic woes, brought on by the collapse of the so-called “housing bubble,” are considered the worst to hit investors since the equally untenable dot-com bubble burst in 2001. According to investment experts, now that the option of making millions of dollars in a short time with imaginary profits from bad real-estate deals has disappeared, the need for another spontaneous make-believe source of wealth has never been more urgent.

“Perhaps the new bubble could have something to do with watching movies on cell phones,” said investment banker Greg Carlisle of the New York firm Carlisle, Shaloe & Graves. “Or, say, medicine, or shipping. Or clouds. The manner of bubble isn’t important—just as long as it creates a hugely overvalued market based on nothing more than whimsical fantasy and saddled with the potential for a long-term accrual of debts that will never be paid back, thereby unleashing a ripple effect that will take nearly a decade to correct.”

“The U.S. economy cannot survive on sound investments alone,” Carlisle added.

Congress is currently considering an emergency economic-stimulus measure, tentatively called the Bubble Act, which would order the Federal Reserve to† begin encouraging massive private investment in some fantastical financial scheme in order to get the nation’s false economy back on track.

Pay $28 to Get Locked in a Room

Wednesday, March 16, 2016
Posted in category Bubble Economy

In a bubble, unsustainable business models become epidemic. This one is no exception. A brick-and-mortar escape game.

A new downtown Detroit business will charge people $28 to be locked in a room with strangers for an hour. To escape, they must solve a series of increasingly difficult riddles.

Only about 20% of players in this game are expected to finish the puzzles and make it out before time expires, said Victor Blake, 33, founder and CEO of New York-based Escape the Room, which will open its 11th U.S. location this Friday at 1030 Randolph in the Brush Street Garage.

“What better way to meet people than to get locked up with them?,” Blake said.

Escape the Room is a fast-growing player in the market of real-life ”room escape” games, which has taken off in recent years in cities across the globe.

I can think of far more inexpensive and pleasant ways to “meet people.” It might be a valid concept for some of the rank and file because it panders to the appetite for constant stimulation and amusement, but such a business would not be a rapidly-expanding fad without a Keynesian-ified economy addicted to fiscal stimulants. Escape Hunt is another company that offers franchising opportunities so customers can rack up charges on their credit cards to play escape games that can be found on the Internet for free.

Did People Really Not See the Auto Bubble?

Wednesday, March 16, 2016

The auto bubble and its potential for collapse is finally getting attention. To quote:

The rate of seriously delinquent subprime car loans soared above 5% in February, according to Fitch Ratings. That’s worse than during the Great Recession and the highest level since 1996.

It’s a surprising development given the relative health of the overall economy. Fitch blames it on a dramatic rise in loans with lax borrowing standards that have helped fuel the recent boom in auto sales. More Americans bought new cars last year than ever before and the amount of auto loans soared beyond $1 trillion.

But research conducted by a group that tracks people’s credit scores, TransUnion, suggests that plummeting oil prices is a factor in rising defaults because of the flurry of pink slips in the oil industry.

It is not “surprising” because the economy is not healthy – the government has managed the US economy into an unsustainable position of false prosperity built on a financial house of cards. And CNN has the gall to blame these auto loan delinquencies on job loss in the oil industry? The display of a graph that indicates high delinquent payments in states with employment in the oil industry is a tremendous fail. These are also the states that have been relying heavily on a bubble economy (financial, stock market, employment, etc.) brought about by the oil industry to drive false prosperity, and folks in those states are therefore much more indulgent of the ‘have-pulse-will-buy’ mentality on such items as houses and cars.

Fitch is only partially right in naming lax underwriting standards as the problem. Without willing buyers whose time preferences have been distorted by Keynesian monetary and fiscal policy and centrally-planned behavioral machinations, the ‘have-pulse-will-loan’ credit industry would lack the appropriate receivers of the government’s cheap and easy loans.

Remember Cash for Clunkers, the government fix to re-stimulate the auto industry? I covered it extensively. Look for something similar, again, as Detroit automakers begin to feel the squeeze. Follow me on Twitter @karendecoster.

Trump Isn’t a Racist

Wednesday, March 16, 2016
Posted in category Politics

If Trump is a “racist,” then why did he walk away with a landslide in Florida, a state that is 40% non-white? Trump isn’t a racist; he’s a Democrat. And according to the received opinion, Democrats aren’t racists.