• Swordsmyth's Avatar
    Today, 04:58 PM
    Radical left-wing blog ThinkProgress has identified home schooling as the latest Russian collusion scandal, after finding evidence some American home schoolers went to Russia once. The progressive news website, which receives funding from radical leftist think tank Center for American Progress Action Fund, has identified home schooling as the newest source of Russian collusion in America society after learning an American home school organization attended and helped sponsor a conference in Russia. ThinkProgress learned that the Home School Legal Defense Association helped plan a home schooling conference in Russia in May of last year, and later learned a Russian who has been publicly sanctioned by the United States government may have attended the conference, seeking to work with the HSLDA. With this body of evidence, ThinkProgress proceeded to frame home schoolers as Russian pawns who transmit propaganda from the Kremlin to captive children, who are unable to go to public school, where teachers may tell them they could be sued for watching PewDiePie on YouTube. ThinkProgress reported: By networking with Russians, the HSLDA — now America’s largest right-wing homeschooling association — has provided the Kremlin with a new avenue of influence over some of the most conservative organizations in the United States. And while investigations by Special Counsel Robert Mueller, intelligence organizations, and congressional committees have focused on Russia’s efforts to influence U.S. elections, Russian ties to groups like the HSLDA demonstrate the Kremlin’s broader attempts to hold sway over American policies.
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    Today, 04:54 PM
    They could have just slapped a "sin" tax on it in the first place, just think of all those years of lost revenue.:rolleyes:
    5 replies | 10 view(s)
  • Swordsmyth's Avatar
    Today, 04:51 PM
    Egard Watches published a two minute response to Gillette’s anti-masculinity advertisement, showing the true trials and hardships of modern men and celebrating their achievements. The emotional short YouTube film, titled “What is a man?” reveals the stunning suicide, workplace death, depression, and homelessness rates men suffer, was published in response to Gillette’s ad attacking and mocking masculinity. More at: https://bigleaguepolitics.com/must-watch-ceo-shreds-gillettes-anti-male-propaganda-with-video-rebuke/
    169 replies | 2124 view(s)
  • Swordsmyth's Avatar
    Today, 04:44 PM
    I have heard of people who work 20 years in one state then retire and move to another state, work 20 years there and then retire on both pensions.
    9 replies | 22 view(s)
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    Today, 04:41 PM
    I agree, I just wanted to mention that civilian government workers really shouldn't get a pension.
    9 replies | 22 view(s)
  • Swordsmyth's Avatar
    Today, 04:37 PM
    $1 billion: that’s how much California initially anticipated receiving in annual tax revenue by legalizing the sale of recreational marijuana. Here’s what actually happened: CA will likely bring in just under $500 million in marijuana tax revenue this fiscal year. That’s lower than the $630 million forecasted in former Governor Jerry Brown’s budget. Current Governor Gavin Newsom’s new budget projects the state will generate $355 million in marijuana excise taxes by the end of June according to press accounts. That is worse than underwhelming. Consider that Washington State received $319 million in legal marijuana taxes and license fees in fiscal year 2017, while Colorado collected $247 million in 2017. They have populations of just 7.5 million and 5.7 million respectively. California is the largest US state with nearly 40 million people. Why is this important? There was a wave of Democratic gubernatorial candidates that ran on legalizing recreational marijuana to boost state tax revenue in the last midterm elections. Many of them won and are trying to pass a bill through their state legislatures as soon as this year. These include: New York, Illinois, Connecticut, Minnesota, New Mexico, and New Jersey. If new states want to legalize retail cannabis sales and meet their respective tax revenue goals, they need to heed the lessons of California and public equity investors in the space likewise should understand the issue as they assess the size of the addressable market here. Marijuana legalization in the US is far more complex than either group likely realizes.
    5 replies | 10 view(s)
  • Swordsmyth's Avatar
    Today, 04:36 PM
    I don't know the answer to that, it would depend on details of the pension plan that I don't know.
    9 replies | 22 view(s)
  • Swordsmyth's Avatar
    Today, 04:29 PM
    No pensions for anyone but the military, let them save or work elsewhere.
    9 replies | 22 view(s)
  • Swordsmyth's Avatar
    Today, 04:18 PM
    That China has had a problem with rising defaults is not news: as we reported back in October, 2018 was already set to be a record year for Chinese bankruptcies. Things only got worse in November and December when defaults spiked to 20.4 billion yuan ($3 billion) confirming that the supportive policies from the People’s Bank of China announced more than a month ago have yet to yield the intended effect. “Defaults will stay elevated because the Chinese economy is expected to slow and off-balance-sheet lending has been shrinking,” said Yang Hao, analyst at Nanjing Securities. The funding environment has yet to improve significantly for certain corporations, he added. Predictably, just like in the US, Chinese investors have shunned lower-rated notes, and only relatively stronger firms were able to access the local bond market in recent months. Non-finance companies rated below AA publicly sold 1.27 trillion yuan of notes for the first 11 months of 2018, the lowest in four years. In contrast, companies with above AA+ ratings sold almost 3.28 trillion yuan bonds, up about 40 percent from last year. None of this is news. What is surprising however, is what happened when the latest Chinese corporate default took place on Tuesday: that's when Jiangsu-based Kangde Xin Composite Material Group, failed to pay a 1 billion yuan ($148 million) local note due Jan. 15 due to a liquidity crunch, according to the company. The shocking punchline: as research analyst Tim Yup caught earlier this week, as of end-September the company reported that it "had" 15.4 billion yuan in cash and equivalents, more than double the total amount of its short-term debt, and more than 15 times the amount of debt that it just defaulted on! $002450.SZ Kangde Xin just announced it has trouble repaying onshore RMB 1Bn bond maturing tomorrow, despite "having" RMB 15Bn cash on balance sheet in 3Q18. It has a USD bond "listed in @HKEXGroup ", Moody's & Fitch initiated Ba3 and BB not even 2 years ago. Quote at 40 now — Tim Yip (@timdayipper) January 14, 2019 As so often happens in China (recall the Hanergy fiasco) the latest default was until recently one of the most beloved names by local hedge funds, with Kangde Xin's stock soaring until late 2017 as not a single investor appeared to do any due diligence on their investment, and then it all came crashing down when its largest shareholder's pledged stock loans blew up in early 2018.
    81 replies | 2188 view(s)
  • Swordsmyth's Avatar
    Today, 04:15 PM
    A dramatic and sudden slowdown in the rate at which numerous commodities are being shipped to China suggests slowing demand for raw materials in the world's second-largest economy, and signals a wider economic slowdown globally looms. "Recent shipping data has turned negative with charter rates across all sectors notably weaker compared to late November levels," Morgan Stanley analysts Fotis Giannakoulis, Qianlei Fan, and Max Yaras wrote. "While such moves are common, the synchronized decline may be a warning for Chinese commodity demand." During the last six weeks almost all shipping sectors have seen charter rates move lower, raising concerns about the health of underlying demand. The Baltic Dry Index is down 17% since mid-December (Exhibit 6) with all vessel types earning lower rates compared to a year ago despite the sharp drop in dry bulk supply growth.
    81 replies | 2188 view(s)
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    Today, 04:12 PM
    The latest in Germany is now Merkel, who offered cash to refugees to return home last November, has stepped up her game and offered to pay their living expenses for one year if they return home. Billboards are appearing all over Germany making this latest offer. More at: https://www.zerohedge.com/news/2019-01-16/merkel-offering-pay-one-years-living-expenses-if-refugees-leave-europe
    7 replies | 230 view(s)
  • Swordsmyth's Avatar
    Today, 04:08 PM
    I heard a variation of it used in an old Rockford Files episode that was made before I was born. A biker gang says they are "gonna make her pull the train" before gang raping a girl.
    58 replies | 454 view(s)
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    Today, 04:02 PM
    Theresa May cancels her trip to next week’s World Economic Forum meeting in Davos, Switzerland to handle Brexit talks in the U.K., her spokeswoman, Alison Donnelly, tells reporters in London. More at: https://www.zerohedge.com/news/2019-01-17/no-deal-brexit-odds-greater-you-may-think
    0 replies | 12 view(s)
  • Swordsmyth's Avatar
    Today, 03:38 PM
    Whatever you think about his principles (an I maintain that unless his vote is the deciding one he hasn't sacrificed them) he doesn't have any power so he can't possibly sacrifice any.
    28 replies | 176 view(s)
  • Swordsmyth's Avatar
    Today, 03:10 PM
    Yes it can, the states have the power and the feds have the power, whichever has more restrictive rules determines who can enter but a state with more restrictive rules wouldn't apply to the whole country.
    81 replies | 447 view(s)
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  • Swordsmyth's Avatar
    Today, 03:03 PM
    They most certainly did give the federal government power over immigration and they recognized that the states had power over it.
    81 replies | 447 view(s)
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  • Swordsmyth's Avatar
    Today, 02:51 PM
    Congressmen run on their positions on immigration, nobody ran on the position of bailing out the banks. But in a way even that was the result of the American people electing the kind of representatives that would do such a thing. We don't live in a direct democracy.
    81 replies | 447 view(s)
  • Swordsmyth's Avatar
    Today, 02:48 PM
    He sacrifices neither principle nor actual power.
    28 replies | 176 view(s)
  • Swordsmyth's Avatar
    Today, 02:47 PM
    That must explain why Rand gets things done that Ron couldn't. Ron's path was good and so is Rand's.
    28 replies | 176 view(s)
  • Swordsmyth's Avatar
    Today, 02:42 PM
    It would be comedy gold.
    58 replies | 454 view(s)
  • Swordsmyth's Avatar
    Today, 02:38 PM
    It has everything to do with it, you just happen to be a member of a group that has made what must be a group decision differently than you personally would prefer.
    81 replies | 447 view(s)
  • Swordsmyth's Avatar
    Today, 02:36 PM
    The marginal tax distinction is trivial and I have yet to hear a convincing explanation of what else she might have meant other than gang rape. I don't post most of the stories I see about her and I don't intend to post about her at all for the most part.
    58 replies | 454 view(s)
  • Swordsmyth's Avatar
    Today, 02:27 PM
    LOL
    18 replies | 261 view(s)
  • Swordsmyth's Avatar
    Today, 02:26 PM
    They can always quit.
    18 replies | 261 view(s)
  • Swordsmyth's Avatar
    Today, 02:19 PM
    That kind of closure we need, lock up any and all of them that we can for crimes. Most of them end up committing crimes.
    7 replies | 156 view(s)
  • Swordsmyth's Avatar
    Today, 02:04 PM
    What would be dangerous is if she becomes an idol of millions of stupid people and then someone smarter gets control of her and them.
    58 replies | 454 view(s)
  • Swordsmyth's Avatar
    Today, 02:23 AM
    The left thrives on hate.
    58 replies | 454 view(s)
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Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

Robert Heinlein

Give a man an inch and right away he thinks he's a ruler

Groucho Marx

I love mankind…it’s people I can’t stand.

Linus, from the Peanuts comic

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Alexis de Torqueville

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Those who learn from the past are condemned to watch everybody else repeat it

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