The Telegraph picks up CRE for real

MSM is slow, but once ball starts rolling ….

Lord Lawson calls for public inquiry into UEA global warming data manipulation

WikiLeaks of CRU email hack

http://wikileaks.org/wiki/Climatic_Research_Unit_emails,_data,_models,_1996-2009

Some long awaited links

I can’t believe I haven’t added these links earlier, but here goes :

Blogs :
Market Ticker by Karl Denninger
ZeroHedge
Daily Reckoning with Bill Bonner
Financial Sense University

News :
Marketwatch
Bloomberg

Statistics :
National Inflation Association
A world of possible futures (US statistics and interpretations)
Shadowstats by John Williams

Trading :
Quote.com(Stock and future quotes)
Kitco Gold
Ira Epsteins futures trading

WSJ : Too big to fail as national policy?

The Wall Street Journal has a nice piece on how the Dodd and Frank bills would efficiently put the US economy in a perpetual state of TARP payments. Or, in other words – too big to fail as a national policy. How can people say with a straight face that Wall Street isn’t running the US government when they are soon to have pushed through legislation that bans the largest players from going bankrupt?? FDIC will not only cover deposits, it will cover everything. The US government will insure the entire US economy.

….want to care to guess what this will do, besides the moral hazard problem? The US government will BE the entire US economy.

When trying to get my mind around this, I can come up with no conclusion besides this one : It’s fucked. Completely.

The US economy is going to look like that of a 3rd world country within a decade. This is the toilet-shaped recovery.

Economic illiteracy 101

Usually, I don’t act disrespectful (unless your name starts with K and ends with rugman) against people who clearly have much more education in economics than I do. Well, maybe I do, but usually I add a disclaimer that my conclusions aren’t based on an official economic education, rather something I usually refer to as “logic”, which is in effect in what people generally call “reality”. With that being said, I have to jump on this article. It is clearly written by someone who wishes to make a point, and tailors his argument to fit that point (and to make things worse – tries to make Ludvig von Mises complicit in this fraud) :

Truth is treason in the global warming church

…global warming is now so dead that the global warming freak-a-zoids are now hitting on their own when they aren’t following the party line.

YOU MUST BELIEVE THE WORLD IS COMING TO AN END, AND THAT ONLY CARBON LEGISLATION CAN SAVE US.

Mises reborn

Who would’ve thunk it? An article in the Wall Street Journal telling the story almost like it was. And is.

The lawnmover that saved the world

Not only is it superfast and superspiffy – according to the US government it saved 50 jobs! And all for the small price of $1047. Hey congress – why don’t you buy 7,000,000 of this amazing lawnmover, and you will have solved the entire work-problem for less than $10 billion!!!!

(If you want to see the amazing thing in action, here is a map.

What is wrong with the US republican party

…is that they are incapable of accepting criticism. Here is an article that actually tries to say its Glenn Beck and Sarah Palins fault that the democrats won the replacement seat in district NY-23, because they criticize moderate republicans.  This lead to Scozzafava, the republican candidate, dropping out. The conservative candidate subsequently lost by aroun 49%/45%, and the democrats took the seat. Howver, Scozzafava, in her indignation over not being favored over a real conservative, WENT OUT AND ENDORSED THE DEMOCRAT CANDIDATE.

What the Republican party needs is not to get rid of the likes of Glenn Beck and Sarah Palin. It is to get rid of republican candidates that are so corrupt and politicized that they’d rather endors the democrat candidate then see some change in congress.

Here’s an example of the problem, from AmericanThinker

The US Black Hole

…this will never stop. Idiots.