FEDs test negative rates

February 2, 2016 by

As interest rates turn negative around the world, the Federal Reserve is asking banks to consider the possibility of the same happening in the U.S.

In its annual stress test for 2016, the Fed said it will assess the resilience of big banks to a number of possible situations, including one where the rate on the three-month U.S. Treasury bill stays below zero for a prolonged period.

Not because they think the economy is in trouble or anything.

"This scenario does not represent a forecast of the Federal Reserve," the central bank said. It also assumes "that the adjustment to negative short-term rates proceeds with no additional financial market disruptions."

I’m sure it means nothing. 

Pentagon may demote Gen Patraeus

January 18, 2016 by

David Patraeus stepped down as the director of the CIA after it became known that he had an affair and shared classified information with Paula Broadwell, a reservist and his biographer. Now nearly four years later it’s reported the Pentagon is considering demoted the Retired General.

General Patraeus pleaded guilty to giving Broadwell notebooks that contained classified information. The information did not appear in Broadwell’s biography of Petraeus. Still Patraeus could have faced charges from the FBI.

Broadwell did have a security clearance at the time and no information appears to have leaked.

This does not excuse the General for doing what any normal intelligence or operations officer would certainly have been prosecuted for.

However, we have a former Secretary of State whose personal email account contained classified material for all, who might have searched to see.

General, until this election is over you had better stay quiet.

Just saying.

 

http://www.thedailybeast.com/articles/2016/01/18/exclusive-pentagon-may-demote-david-petraeus.html

Pedophiles in Pakistan win

January 17, 2016 by

I’m sure the feminist will jump all over this.  Oh wait these guys are not straight white men. Never mind! 

Pakistani lawmakers had to withdraw a bill aimed at curbing the practice of child marriage after a prominent religious body declared the legislation un-Islamic.

Image6

The bill, which proposed raising the marriage age for females from 16 to 18, also called for harsher penalties for those who would arrange marriages involving children. Despite the laws in place, child marriages, particularly involving young female brides, are common in parts of the country. It’s estimated that some 20 percent of girls in the country are married before they turn 18.

Clerics on the council object to minimum age requirements, arguing instead that an individual can marry once reaching puberty, which can be as early as the age of 9.

 

The Washington Post.

https://www.washingtonpost.com/news/worldviews/wp/2016/01/15/bill-banning-child-marriage-fails-in-pakistan-after-its-deemed-un-islamic/

Women, just keep them at arms length, that’ll fix it…

January 7, 2016 by

Cologne Mayor’s ‘Arm’s Length’ Advice on Sexual Attacks Stirs Outcry

BERLIN — The mayor of Cologne has inflamed a debate in Germany about migrants and sexual harassment by suggesting that women can protect themselves from men on the streets by keeping them more than an arm’s length away.

If this wasn’t so serious this would be funny as hell.   But it is serious and it’s not funny.  People of Germany your government will not protect you.  You’re screwed.

Update: telegraph:

Two publications have released what they claim is an internal report by a senior officer who was at the scene.

If confirmed, the report could have far-reaching consequences for Angela Merkel’s government as it tries to deal with the aftermath of the assaults.

 

Police officers survey the area in front of the main train station and the Cathedral in Cologne  Photo: AFP

Ministers have said there is no evidence asylum seekers were involved in the violence.

But the leaked police report, published in Bild newspaper and Spiegel, a news magazine, claims that one of those involved told officers: “I am Syrian. You have to treat me kindly. Mrs Merkel invited me.”

Another tore up his residence permit before the eyes of police, and told them: “You can’t do anything to me, I can get a new one tomorrow.”

Köln attacks a surprise? Really?

January 6, 2016 by

As more details come out about the Köln attacks in Germany on New Years I am repeatedly reading how surprised everyone is.  Why is that I wonder?  Were there no warning signs, such as Sweden’s experience?  This beautiful country can now claim one of the highest rape rates in Europe since deciding to become a multi-cultural haven?  Violent crime has increased 300% according to d-intl.com.

(BBC 2016) “City police chief Wolfgang Albers called it “a completely new dimension of crime”. The men were of Arab or North African appearance, he said.”

Perhaps no one saw the reporter Lora Logan assaulted in Egypt in 2011 during the political uprising there. Lora’s story is not unique.  Do a search on women reporters or women attacked in various “Asian” countries.

So who is surprised and why?

The politicians and the European left have consistently portrayed the influx of refugee’s as a wonderful experiment in liberalism.  They produce reports (mostly government own or licensed media) that only reflect wonderful people just yearning for liberty and freedom when in fact this is not always the case. They show integration working great, when in fact it is not.

Those Germans I hear from are afraid to travel these days.  Packs of men roam the streets and congregate around ubahn, strassenbahn, and train stations. These are not packs of Danes or Dutch.

It’s as if nobody could foresee that people from a vastly different culture that abhors western ideas would cause problems.

Strange indeed.

References

Attention Required! | CloudFlare. (n.d.). Retrieved from http://www.gatestoneinstitute.org/5195/sweden-rape

Germany shocked by Cologne New Year gang assaults on women – BBC News. (n.d.). Retrieved from http://www.bbc.com/news/world-europe-35231046

Multicultural Sweden explodes in violence |. (n.d.). Retrieved from http://www.d-intl.com/2013/11/08/multicultural-sweden-explodes-in-violence/?lang=en

Multicultural Sweden explodes in violence |. (n.d.). Retrieved from http://www.d-intl.com/2013/11/08/multicultural-sweden-explodes-in-violence/?lang=en

US TV reporter assaulted in Egypt in 2011 readmitted to hospital | Media | The Guardian. (n.d.). Retrieved from http://www.theguardian.com/media/greenslade/2015/mar/25/us-tv-reporter-assaulted-in-egypt-in-2011-readmitted-to-hospital

http://www.dailymail.co.uk/news/article-3386673/Women-Cologne-lockdown-council-admits-no-longer-safe-wake-African-Arab-mob-s-rapes-declares-upcoming-carnival-no-area-females.html

Star Wars Grandpa Awakens

December 28, 2015 by

The family and I finally went to the new Star Wars movie.  I’m probably the only one that actually knows the original story to some extent although I was really a Star Trek fan.  Granted my son is more up on the clone wars though.  But I did go to see the original back in the day and liked it.

So, how does the latest version stand up?

Well first off it’s a good movie.  Not great, but good.  If you feel like seeing a movie on a Saturday or Sunday, when you have nothing planned, this movie fits the bill.  But then, that’s exactly what the first one did.  That’s why it was fun. So The Force Awakens, is fine as far as that goes.

There were a couple of questions we all had when it was all said and done.

———————-Spoilers ahead—————————

So, how is it possible that the son of Han Solo and Princess (General) Leia, when sent to learn the ways of the Jedi by Luke Skywalker, turn to the dark side? Seriously folks that just doesn’t seem likely.  Were Han and Leia that bad as parents?  Was Luke, the great Jedi, so bad a teacher?

The next question my son had was, why didn’t anyone seem to care much with the republic was destroyed?  It’s was like, ” oh that sucks”, “well anyway what’s for lunch”?

The movie also seemed to assume you knew the whole backstory, which is fine I guess, but if this was your first Star Wars movie (Wife), then it was nothing but an action movie with little plot.

One more thing, why did Kylo Ren wear a mask that he apparently didn’t need for anything?  Just to look evil, to look like Darth?  While the mask and voice was kind of cool, it didn’t really make any sense.  Oh, and he was kind of a whiny ass. Just saying.

Still we enjoyed it and in short order I’ll probably remember very little of it.

Now the Wrath of Khan…I’ll never forget.  :)

 

Counterterrorism, Red Herrings and Encryption

December 26, 2015 by

There is a lot of rumbling lately regarding terrorism and encryption. The narrative follows the line that we must allow the government complete ability to access our entire phone, email, IM’s and any other conversations. These conversations may or may not contain actual references to terrorist acts. If we do not allow this access then the world will be in great danger and it will be our own fault. How can we connect the dots if we can’t access the dots?  This is, of course a red herring. In other words, this has nothing to do with, or at least very little to do with the fight against terror. It is instead a great power grab and loss of privacy. It’s also dangerous.  As Apple’s CEO Tim Cook said recently, “If you leave a back door in the software, there is no such thing as a back door for good guys only”.  We don’t need access to private conversations of all citizens to identify current threats and where they originate. Jon Callas of Silent Circle, a company focused on smartphone voice and chat encryption says, that if they create an encryption key that could obtain a customer’s conversations for the US government he would have to give that key to foreign governments also in order to comply with their laws.  It’s as if our own government just doesn’t understand what it’s talking about.  Surprising, yes?

If we were truly were concerned about stopping terror, we would attack the sources. In the many years since 911, for example, how has the Saudi government escaped any consequences for their open support of radical Islam? Publicly, they deny the forces of Islamic terror yet privately they have funded and built most of the radical mosques and madrasas world-wide. Since the 911 attacks in New York, it is estimated that the number of Mosques in the US has risen by 75%. Some studies suggest that 80% of Mosques present literature or sermons that support violence against non-believers.  Yet, because of pressure from pro-terrorist organization like CAIR and others, we have curtailed the surveillance of Mosques in recent years.  In other words we simply gave in to the political correctness.

Also, remember that Saudi Arabia practices some of the strictest forms of Sharia. Yet, we support this repressive government continually. If we were to admit that Saudi Arabia is part of the problem that would throw our foreign policy into chaos.  We would have to admit for many years we have supported those that would destroy us.

Other countries such as Iran and Pakistan have open invitations to terror organizations. All the while US and European leaders act completely dumbfounded as to why terrorism continues. We cannot seem to point out, let alone face those countries and organizations that harbor and finance terror. The fact is we know who is promoting most of the terror incidents in the world yet we don’t take any substantial action against these parties. In fact, with Iran we have freed up their funds to continue to promote terror directly against the west.

It’s not the average citizen that is a threat. Instead of concentrating on known threats the political class would rather take the average citizens rights away.

With the additional lack of immigration and border enforcement, we have shown the terrorist that we are weak and naive. In fact we are more than naive, we are bordering on suicidal, at least culturally speaking.

While our governments focus on the ability to rummage through our citizens private conversations, the enemy is openly invading, all with our own governments (US and Europe) support. 

http://www.cnbc.com/2015/11/16/calls-grow-for-government-back-doors-to-encryption.html

http://www.bloombergview.com/articles/2015-09-18/government-is-fighting-itself-on-encryption

http://www.computerworld.com/article/2933472/data-privacy/tech-industry-renews-efforts-to-fight-us-govt-encryption-backdoors.html

http://www.nytimes.com/2015/07/08/technology/code-specialists-oppose-us-and-british-government-access-to-encrypted-communication.html?_r=0

http://www.americanthinker.com/articles/2015/01/mosques_on

_the_front_lines_in_the_war_against_america.html

http://www.terrorismanalysts.com/pt/index.php/pot/article/view/sharia-adherence-mosque-survey/html

http://apps.washingtonpost.com/g/documents/world/full-text-of-the-iran-nuclear-deal/1651/

Merry Christmas to all

December 25, 2015 by

To all people, of all faiths, I wish you a merry Christmas.  While I am not a very religious person myself, the ideas of love, family and tradition, can be shared with everyone.

More posts to come after dinner has settled.

StNicholas

We’ve saved the world’s climate

December 13, 2015 by

The world’s most pressing and dangerous threat has been neutralized. World leaders flying into Paris with large, absolutely necessary, jets and huge lines of limousines have fixed climate change.

In Paris, that lovely place were a few weeks ago partiers were exposed to a minor altercation with some disgruntled victims of European oppression, felt the true power of the committed communities of nations as a climate agreement was signed.

I’m sure the families of the probably deserving, victims of the Jihadist protest, are now finally resting easy. As everyone knows climate change is absolutely the biggest cause of terrorism and Jihadist attacks  protest. But fear no more. The most wonderful aspect of all this is that all it took was some money.  If we’d only known sooner.

Just by giving corrupt countries a little more spending money and an agreement which is (sort of) binding (and sort of not), we have ensured desperate countries will create and use much more efficient means of power. So, we will give developing countries, in other words countries that aren’t capable of running themselves without corruption and graft, at least $100 billion annually. Because the problem has been that these countries simply haven’t had enough money thrown at them in order to run competently.

So folks, while you work your ass off paying higher and higher utility bills as your wages stay at 1990 levels remember your great leaders have saved us all from this hard to describe and hard to demonstrate danger.

Donald, is it legal?

December 8, 2015 by

Whether you agree with Donald Trump’s shutting down Muslims from entering the US or not, does he have a legal basis for such an act?

Humm…

8 U.S. Code § 1182 – Inadmissible aliens

(f)Suspension of entry or imposition of restrictions by President

Whenever the President finds that the entry of any aliens or of any class of aliens into the United States would be detrimental to the interests of the United States, he may by proclamation, and for such period as he shall deem necessary, suspend the entry of all aliens or any class of aliens as immigrants or nonimmigrants, or impose on the entry of aliens any restrictions he may deem to be appropriate. Whenever the Attorney General finds that a commercial airline has failed to comply with regulations of the Attorney General relating to requirements of airlines for the detection of fraudulent documents used by passengers traveling to the United States (including the training of personnel in such detection), the Attorney General may suspend the entry of some or all aliens transported to the United States by such airline.

 


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