Historical happenings

10/21/1879 ~ After 14 months of testing, Thomas Edison first demonstrates his electric lamp, hoping to one day compete with gaslight.

10/21/1942 ~ Eight American and British officers land from a submarine on an Algerian beach to take measure of Vichy French to the Operation Torch landings.

10/21/1959 ~ The Guggenheim Museum, designed by Frank Lloyd Wright, opens in Manhattan.

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Ponder this

In politics shared hatreds are almost always the basis of friendships.

~ Alexis de Tocqueville

The Wonderfulness of Government run Health care

When ObamaCare fails, and it will, the Jackass Party hopes to be in power to bring Single Payer Health Care (SPHC) to America. For a taste of this nightmare, just look at the UK.

NHS provokes fury with indefinite surgery ban for smokers and obese

The NHS will ban patients from surgery indefinitely unless they lose weight or quit smoking, under controversial plans drawn up in Hertfordshire.

The restrictions – thought to be the most extreme yet to be introduced by health services – immediately came under attack from the Royal College of Surgeons.

Its vice president called for an “urgent rethink” of policies which he said were “discriminatory” and went against the fundamental principles of the NHS.

In recent years, a number of areas have introduced delays for such patients – with some told operations will be put back for months, during which time they are expected to try to lose weight or stop smoking.

But the new rules, drawn up by clinical commissioning groups (CCGs) in Hertfordshire, say that obese patients “will not get non-urgent surgery until they reduce their weight” at all, unless the circumstances are exceptional.

The criteria also mean smokers will only be referred for operations if they have stopped smoking for at least eight weeks, with such patients breathalysed before referral.

East and North Hertfordshire CCG and Herts Valleys said the plans aimed to encourage people “to take more responsibility for their own health and wellbeing, wherever possible, freeing up limited NHS resources for priority treatment”.

Here’s an image of any socialized program.

Both are in financial difficulty, and between them seeking to save £68m during this financial year.

Ian Eardley, senior vice president of the Royal College of Surgeons, said it was wrong to bar NHS treatment to any group of patients.

“Singling out patients in this way goes against the principles of the NHS,” he said.

“This goes against clinical guidance and leaves patients waiting long periods of time in pain and discomfort. It can even lead to worse outcomes following surgery in some cases,” he said.

“There is simply no justification for these policies, and we urge all clinical commissioning groups (CCGs) to urgently reverse these discriminatory measures.”

The senior surgeon said he was concerned that the latest rules were the “tip of the iceberg”. [snip]

You can translate the above anyway you like but the bottom line comes out the same: Insufficient funds to run the system. Like all socialized programs, projections are never met by the realities of the costs. Someone always has to pay a price for the sugar coated sales pitch.

Collectivist Banking

So many Americans believe that the Federal Reserve is a Governmental institution because it has the word Federal in the name. You couldn’t be more wrong. It is a private banking group formed by Woodrow Wilson a Progressive President and it just plays with your money. We have a Federal institution; it is called the U.S. Treasury.

Ron Paul: “The Fed’s Massive Bubble Is Creating A World Of Economic Pain”

There shouldn’t be a Federal Reserve, but it exists, and it’s constantly creating a world of economic pain.?

Each Federal Reserve bubble must turn into a bust. It’s unavoidable.

According to the central planners, the “solution” for the bust is more creation of new money and credit. That’s the only way they can keep their “system” alive.

When the Fed’s stock market bubble burst in 2000, it responded by creating new money and credit. Lo and behold, this led directly to the next bubble that was even bigger.

When the housing bubble burst in 2008, Wall Street was bailed out by taxpayers, and TRILLIONS of new dollars were created as the “solution.”

And now, almost 10 years later, we have an even bigger bubble than 2008.

The central planners at The Fed have done it again.

How much longer will we allow this “system” to last? How much economic pain will it take to return to sound money again?

To understand this one needs to look at currency against the price of a commodity benchmark, usually gold at a given point in time. The best point is when Nixon took the Country off the Gold Standard. Gold was priced around $300USD so we can start there.
Then it took $300 dollars to buy one ounce of gold. (12 troy ounces in a pound) Now gold is selling for close to $1300USD an ounce. Did gold rise up that much or is the dollar worth less (worthless). Loking at this another way, if you have $10 bill and the government prints another $10 bill, is your money worth $20 or worth $10, each bill now worth only $5 each. One way to find out is to try to exchange the dollars for another currency. Then you will find out what they believe the value of the dollar is. We are a debtor nation, like others with a fiat currency. We have nothing to back up the dollar except the “Full Faith and Credit” for what that is worth.
An example of where this financial idiocy terminates, observe Venezuela.

Maduro faces financial nightmare in Venezuela — just in time for Halloween

With its coffers empty and its financial moves restricted by U.S. sanctions, Venezuelan President Nicolás Maduro’s government is facing a nightmarish scenario with the approach of Halloween, when a series of debt payments totaling more than $3.5 billion are due.

Analysts said the government will do everything possible to make the payments, even if it means further cuts in already reduced food imports, which would deepen shortages in a country where a majority of people cannot get three meals a day.

But a default cannot be ruled out because of the precarious state of the country’s finances, the low level of reserves and the reluctance of strategic allies like Russia and China to continue lending money to Venezuela. [snip]

But the government could also decide to suspend all imports of food and medicine, De La Cruz added.

“They have demonstrated that they do not care about the well being of the people if it risks their hold on power,” he said.

The government has averted default in recent months because of timely loans from the Russian government, which so far has always seemed ready to provide the millions of dollars needed by its foundering Latin American ally. [snip]

“The Russians are not very happy,” Dallen said, noting a report in June that Venezuela had failed to make a $1 billion payment due to Moscow.

One billion dollars may not look like much in the United States, but it’s a lot for Russia, said Dallen, who often consults with Washington officials on Venezuelan affairs.

The Russians may well be approaching the point of concluding that continuing to invest in Venezuela is too risky, he added.

These ending ain’t pretty, usually finishing off with lots of gunfire and blood.

Laissez le bon temps rouler

There is justice in this world and it is for just us. After being told take it or leave it by the cable and satellite TV monopolies, the cord cutting by the populace is finally biting them on the tukis.

TV Stocks Tumble After AT&T Cord-Cutting Disclosure

The research firm eMarketer says that by the end of last year 16.7 million U.S. adults had already cut the cord and that by the end of this year it will be 22 million.

A day after DirecTV parent AT&T said it would lose subscribers because people are ditching their satellite and cable television services — a phenomenon known as cord-cutting — shares of companies heavily invested in the TV industry tumbled.

Shares of AT&T, the culprit in Thursday’s sell-off, dropped 6 percent, dragging shares of its presumed merger partner, Time Warner, down 2 percent in the process.

AT&T said in a regulatory filing that in the recently ended quarter it would report gaining 300,000 subscribers to its over-the-top digital service while losing 390,000 traditional TV subscribers, for a net loss of 90,000 subs. [snip]

Thursday’s carnage included shares of AMC Networks falling 7 percent; Dish Network off 5 percent; Discovery Communications, Sinclair Broadcast Group and E.W. Scripps Co. each off 4 percent; and Charter Communications down 3 percent. [snip]

Cord-cutting is not a new concept for those who invest in TV companies, but some may be taken aback by the speed at which it is happening. The research firm eMarketer says that by the end of last year 16.7 million U.S. adults had already cut the cord and that by the end of this year it will be 22 million. [snip]

Netflix, presumably one of the beneficiaries of cord-cutting because former cable and satellite TV customers instead flock to its service, saw its shares rise less than 1 percent to $195.86, giving it a market cap of $84.6 billion, more than the combined value of Viacom, CBS and 21st Century Fox.

This shouldn’t e a shock to these companies; Who needs five channels of golf, Martha Stewart jabbers, Propaganda Broadcast Station, Political Sports Talk and the Alpha Nutworks garbage programing. What passes for comedy, the sitcoms are strained. When the ratings go down, the skirts go up, the boobs get bigger and the males get dumber. Thank God there is a limit so they have to cancel.

The movie offerings are comprised of mostly bad acting held together by production techniques. When was it that a well scripted and acted movie was produced? Our local library has a wonderfully stocked selection of DVD’s of old movies and some of the better new releases for free.

Save the loot and buy the popcorn.

Climate Foibles

Stuff the NY Times and the Eco-nazis won’t tell you. MSNBC and CNN has no desire to publish anything of this sort. Rest assured WE shall.

October Arctic surprise: Rapid recovery of ice extent

  1. October Arctic Surprise: Rapid Recovery Of Ice Extent
    Ron Clutz, Science Matters, 7 October 2017 In recent years, October has seen some rapid recoveries of Arctic ice extents.  But this year may become something special.
    With the early onset of Siberian snow cover and the resulting surface cooling, ice is roaring back, especially on the Asian side. Consider the refreezing during the last 11 days through yesterday.
  2. Tony Abbott, Green Attacks And Ridley’s Paradox
    Paul Matthews, Climate Scepticism, 10 October 2017 Tony Abbott, former PM of Australia, gave the annual GWPF lecture on Monday night. Predictably, the talk has been attacked, thereby giving it lots of publicity, and equally predictably, there is no substance to the attacks.
  3. Green Activists Face Up To 21 Years In Prison As Judge Rejects Climate Change Excuse
    The New York Times, 10 October 2017 A lawyer for an environmental activist convicted of targeting an oil pipeline in North Dakota said he doesn’t think a judge’s decision disallowing the threat of global warming as a defense to justify the crime would be grounds for an appeal.
  4. Germany’s Green Caste System Contributed To Merkel’s Electoral Losses
    Daily Caller, 9 October 2017  The country’s hefty solar subsides have created a have and have-not type caste system in Germany, the report notes. Germany’s poorest citizens began joining ranks with Merkel’s chief political opponent after subsides caused electricity bills to skyrocket.
  5. Germany Set To Widely Miss Climate Targets, Environment Ministry Warns
    Clean Energy Wire, 11 October 2017 Germany’s environment ministry fears high emissions from coal-fired power plants and transport will make the country miss its 2020 climate targets by a wider margin than previously anticipated. The ministry’s warning adds further pressure to make fast progress on climate-related issues in upcoming talks aimed at forming a new government following September’s general elections.
  6. Obama’s Clean Power Plan Is Finally Getting The Axe. But Climate Skeptics Want More
    E&E News, 11 October 2017  The Trump administration today will officially announce the end of the Clean Power Plan, a regulation limiting planet-warming carbon dioxide emissions from power plants. But the conservative crowd that’s skeptical about climate change says its work is just beginning.
  7. CEI Analysis: EPA Proposes Clean Power Plan Repeal Rule
    Competitive Enterprise Institute, 9 October 2017 On Tuesday, October 10, Environmental Protection Agency Administrator Scott Pruitt is expected to release the agency’s proposed rule to repeal the Clean Power Plan (CCP). The CPP, which aims to reduce U.S. electric power sector carbon dioxide (CO2) emissions by 32 percent below 2005 levels by 2030, was the Obama administration’s marquee domestic climate policy and principal regulatory component of the U.S. emission-reduction pledge under the Paris Climate Accord. On Friday, October 6, someone leaked the repeal rule a few days before its official debut. In this post, I provide excerpts and offer commentary on the leaked document.

TANSTAAFL

The wild and woolly shouting matches occurring in DC are nothing more than the last grunts of the GOPe. Bannon was right to get out of the White House; he can raise more hell from the outside and put as stake through the black heart of the RINO Senate.

This maneuver by Bannon at this time puts the GOPe is a bind. Those wishing not to vote on Trump’s agenda of immigration, tax cuts and ObamaCare are going to be faces with the primary season opponents who will support Trump’s agenda. The voters want it; the GOPe know this so this push into the small corner where they have to fish or cut bait is going to be highly amusing to the electorate in November this year.
What you are seeing and hearing is the call for the formation of a new Party, a third party to take the place of moribund GOP.

Bannon Declares War On GOP Establishment: “We’re Coming After All Of Them And We’re Going To Win”

On Monday’s edition of Hannity, Breitbart executive chairman and former Trump adviser Steve Bannon talked about his plan to challenge every Republican Senator up for re-election in 2018 in the primary, except Sen. Ted Cruz. Bannon said Republican incumbents have committed “economic hate crimes” against the “forgotten man.”

Bannon said he is declaring “war” on the Republican establishment and those that don’t back what President Trump ran on. He said there is a “new game in town” and promised to “cut off the oxygen” to Senate Majority Leader Mitch McConnell and stop his fundraising for establishment candidates. Bannon said any person running for the Senate in 2018 that wants his support must oppose McConnell as the Republican Leader.

The Breitbart chief gave a warning to all incumbents: “Just voting is not good enough. You have to have a sense of urgency. Nobody is safe. We are coming after all of them and we’re going to win.” [snip]

Bannon on the coalition to go after the Republican establishment:

BANNON: They have to understand. There’s a basic agenda that President Trump rand on and won. He carried states that Republicans haven’t carried in living memory — Michigan, Wisconsin, Pennsylvania. This agenda works. The American people voted for it. It’s their responsibility.

By the way, McConnell would not be Majority Leader unless Trump won in North Carolina and Missouri and Wisconsin was able to carry those Senators across the finish line. It is incumbent upon them to back President Trump’s plan but you don’t see it.

Once you saw what Corker said today, it’s what they talk about. That’s why I left the White House. Remember, I said I’m going after the Republican establishment. And we’re going to go after them. We’re going to go after them and challenge them.

HANNITY: Give me the states.

BANNON: There’s a coalition coming together. It’s going to challenge every Republican incumbent except for Ted Cruz. Whether it’s Utah, Wyoming, whether it’s in Oregon.

HANNITY: Orrin Hatch in Utah.

BANNON: Orrin Hatch in Utah. Today, Boyd Matheson, who is the chief of staff for Mike Lee came out and said he’s going to set up and an exploratory committee.

HANNITY: North Dakota.

BANNON: In North Dakota we don’t have that…

By the way, we’re going in Mississippi against Wicker.

HANNITY: Who are you going to pick? McDaniel?

BANNON: McDaniel in Mississippi.

These names are all going to come out in the next several weeks.

[Kansas Senator Jerry] Moran. [Orrin] Hatch in Utah. The chief of staff for Mike Lee said he will set up an exploratory committee. In North Dakota. In Mississippi.