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A. You tell me!  Should it be illegal to walk into Dover Mall with a gun and pop in a 30 round clip?

Yes, it should.  Vote for HB 58…

B. You tell me!  Should it be perfectly legal to have a gun with a 30 round clip on a shooting range where it won’t hurt anyone?

Yes, it should.  Vote for HB 58…

C.  You tell me!  Should it be perfectly legal to have a gun with a 30 round clip in ones home, as protection against forced entry?

Yes, it should.  Vote for HB 58…

The only reason a misguide legislator could ever find to vote AGAINST .. HB 58,  would be if he wished…  TO  SEE  PEOPLE  DIE!  This law protects gun owners and changes nothing for anyone owning a clip over 10 rounds..  However this new law will make high capacity clips illegal in public places other than a shooting range… That is a very good idea.   Genius in fact.

A. A woman, with two small children, separated from an abusive husband. He has just started violating a no-contact order, and is making threats over the upcoming divorce.

B. A father of three boys, married, lives in rural area. Owns 97 acres of woods. Has a two mile driveway. Then fifteen miles of one lane road to the nearest major highway, whose junction is 38 miles from the nearest police station.

C. A 15 year old urban dropout, who was jumped and beaten up badly when he was twelve in an act of random violence; he was in the wrong place when they were looking for something to do, allegedly to “teach him a lesson”; the reality? There was no reason for it.

D. A thirty year old man, who was raped over 100 times while a child by a neighbor, and that neighbor now is politically well connected, who boasts on talk radio of how big his arsenal is….

E. A bright, attractive professional woman of twenty five, who has a high powered job, lives alone out of necessity and convenience, lives on an international schedule, enters and exits often between midnight and 6 am.

F. A 43 year old mother, who at 18 became state’s witness and testified against her acquaintance and he, is being freed tomorrow, sentence done….

G. A 62 year old pill popping DJ, who excels at conservative talk radio, by stirring up hate, spinning lies into truth, and coining derogative names to be recycled by bitter old white me, like “femminazi’s”….

H. Pastor Washington, who has taken the calling of walking around the inner city on very cold nights, and persuade homeless people to swallow their pride and come inside to a warm shelter…

I. One day, you?

If an EMP went off right now, what would happen? Let’s say it was caused naturally, and not from an earthly application… Just stop for a second and imagine if in one split second, all electronics got fried…

What could you do? You would initially do just what you do when the power goes out. You would get up, open the door, look at all your neighbors opening the door looking back at you, say a few words, and go back into wait for the power to come on…

You might get suspicious when your cell phone wouldn’t turn on, or not being primed to consider what the possibilities were, you might just think your battery picked that interlude to die…. You might likewise get suspicious when your car wouldn’t show life. You might curse your luck that the power went off, your cellphone battery died, and your car now needs a new battery, all in the same afternoon… You couldn’t get a hold of anyone to help, and so you walk over to your neighbor. He’s out back trying to get his generator started. It won’t work either. He’s mad as hell and is taking it back to Lowes where he bought it.. and he finds his Ford Pickup battery has died too… Oh the terrible luck …

So you walk to the store and see no one is open, everything is temporarily closed until the power kicks back on….

Only it won’t come on… ever.. I mean ever… Well at least in your life time…

Why? simply put, every electrical component, every magnet, every fuse, every connector, will have to be replaced from your house to the nearest power plant. .. Even if somewhere a power plant opened, and produced, that would leak all over the country unless someone actually got up and cut the wires to keep that power from dissipating and becoming too weak to do any good…

So new power plants would have to be built. New wires strung, new transformers built, forget about the ones on the shelf for emergencies, they’re shot too. Everything would need to be rebuilt from scratch…

And we would have no access to the information that told us how to rebuild….

This is how civilizations disappear rather quickly.. They become so specialized, that no one can put everything back together. It mimics the Tower of Babel accounting.. “There once was a great civilization, that evaporated instantly” is how most scholars view the accounting of that story today…

To survive, you would have no heat.. unless you had either a fireplace of wood stove. Everything else is electrical unless your unit dates back before 1990…. You would have no transportation. You couldn’t buy a working car. The first cars to be made would have to be created from scratch, at a factory, that unfortunately had no power.

Your world would shrink to where you could walk. There would be no news, unless someone walked to tell you what they saw in Wilmington. And what someone from Philadelphia had told them when they had walked from there, and rumors that had been told from those who had walked from New York, and from New Jersey, and up south from Washington and Baltimore…

Was any of America working? NO one knew… Once a military fighter roared overhead, and it was the first sound heard since the event, and all raced outside to cheer… But that was it.. Hope was that someone, somewhere out there, was in charge, and was working to make our lives return to normal…

But years went by…. Most people moved from the cities. Many died of disease, and starvation, and life became involved of defending oneself and ones property from those that wanted to take it… To live, you really had to sell yourself to an Overlord, who was intimidating enough that no one moved into your neighborhood because of him.. Most of what you made, he took as payment for protecting you. It included your children.

The once great civilization, was erased. No one knew about Rome. No one knew about Babylon. No one knew about Greece… unless it was from the old Bibles kept in decorative cabinets. Some books existed, but most had been burned to keep warm that first winter…
Just like that… Our huge skyscrapers, began to fall, one by one, each time covering the streets with an overbearing dust cloud.

Nature began to reclaim her own. The ice caps grew back. The seas lowered. The flora and fauna multiplied as people perished. The children heard stories, about the world being round, and names like China and Japan that could be found on old artifacts. But, without any reinforcement, they gradually faded from all knowledge…

The question I want to raise is this. Is our education system as it stands now, capable of continuing civilization as we know it, in and if, such a natural event were to occur? Or non natural event?

Do we currently teach enough basics so anyone can build a computer, build a electronics kit, and repair cars, generators, home electrical appliances, were such an event to occur?

It is not hard; the hard part is that no one knows how to do it.

If everyone knew simple basic electricity, and how things worked, we’d have power in some places within a week, and withing three months, we’d be 50% back to normal. We would be back to normal within three years.

Our current educational system is teaching us the wrong things…. We are focused on the wrong items. We test for the wrong items. We do not teach the basic knowledge our life needs right now…

It should be: A: fixing your phone/ and or computer.
B: fixing your generator.
C: fixing your vehicle.

This knowledge is vital for national security. It needs to be taught to every man, woman, and child… 3 x 6 equaling 18 doesn’t do much.. Nor does Black History Month, or proper English Grammer, or American History, or Economics, or ………….

Our first grade needs to begin…. “Ok, kids…. this is a 1… this is a 0…… All of life revolves around those two numbers…”

Compiled by the FBI….

Rightwing extremists may be gaining new recruits by playing on their fears about several emergent issues. The economic downturn and the election of the first African American president present unique drivers for rightwing radicalization and recruitment.

The consequences of a prolonged economic downturn—including real estate foreclosures, unemployment, and an inability to obtain credit—could create a fertile recruiting environment for rightwing extremists and even result in confrontations between such groups and government authorities similar to those in the past.

Rightwing extremists have capitalized on the election of the first African American president, and are focusing their efforts to recruit new members, mobilize existing supporters, and broaden their scope and appeal through propaganda

The current economic and political climate has some similarities to the 1990s when rightwing extremism experienced a resurgence fueled largely by an economic recession, criticism about the outsourcing of jobs, and the perceived threat to U.S. power and sovereignty by other foreign powers…. During the 1990s, these issues contributed to the growth in the number of domestic rightwing terrorist and extremist groups and an increase in violent acts targeting government facilities, law enforcement officers, banks, and infrastructure sectors.

Reminds me of another president, who joked with reporters while holding a document plainly titled: Bin Laden Seeks To Attack US… That was August 6, 2001….. 35 days later, the Twin Towers were rubble.


Right click to open full image… Pictograph Courtesy of Viral..

So, can someone tell me again, why we shouldn’t tax the rich, and instead, balance the budget on the backs of everyone else?…….

I seem to be missing that little detail where that all makes sense……

High Price of Gas At the Pump

Yesterday, before Judge Pauley of the United District Court of the Southern District of New York, a motion was filed by the US Commodity Futures Trading Commission, against a consortium of hedge funds that ran up the price of oil during the winter of 2008.

The defendants manipulated the market by buying up roughly two thirds of the supply passing through the Cushing terminal, holding on to it to create the impression supplies were short, then dumping it onto the market, after betting it would sell short.

They performed the caper in January 08 and March 08. They were unable to find funding to finance it during February 08. Once they were notified in April that they had been placed under investigation, this consortium stopped.

This is just one group. imagine 30 to 40 groups all doing the same thing…

That this is done is now common knowledge, Out there are those who still erroneously believe supply and demand affect oil prices.. They refuse to acknowledge that oil was $145 a barrel, then $45 dollars once the funds got sold off to keep from going bankrupt..

There are those out there who still think we need to drill, drill, drill, like drilling will lower the price at the pump… It won’t, It can’t, . But instead of opening ocean floor to drilling, there still is something the Federal Government can do to make our lives easier when it comes to putting gas into our cars…

They can bet the entire Federal Debt on the fact that gas will rapidly drop in price, then dump a considerable amount of the Strategic Petroleum Reserves onto the Market… As the price of gas plummets from $3.87 to $1.47 a gallon, and bankrupts each and every hedge fund, both domestic and international, so much so, that across both sides of Wall Street, the sound of light caliber pistol fire echoes from building to building, cubicle to cubicle, … it forces the price of oil to again become determined by supply and demand. As all the moneys of the hedge funders start back-flowing into the US Treasury, and as each of us breathe easier every time we pull up to the pump, we, by pursuing this action, take care of the problem of high prices at the pump once and for all.

I mean if private companies can do it to take money out of our pocket each time we pump gas, the Federal Government can do the opposite to put money back into our pockets…

This is the second time… The first was 2008, but now, because of Republican gains in Congress, it is happening again… It would be wise to remember: just as we had to fight Germany twice in half a century because we didn’t finish the war the first time… this time, in our second war with the hedge funds, it would be wise to accept nothing less than unconditional surrender on their part.

A lesson needs to be taught! That lesson is: you don’t screw over everyday Americans.

Yesterday’s small step in US District Court, begins the process of educating America as to just exactly why, and by who, they are paying over $2.40 a gallon higher than they should……

And let us all stop this nonsense that gasoline prices are not manipulated…. They are. I’ve shown you the proof.

Next time someone tells you they aren’t, do them a huge favor. punch them hard and hurt them a little….

U.S. staff in embassies around the world were ordered by Secretary of State Hillary Clinton to obtain frequent flyer numbers, credit card details and even iris scans, fingerprints and DNA of foreign officials.

Can you imagine the innocent picking a dangling hair off an others sweater is not as innocent as it looks?

Soon all diplomacy will be across a giant screen as typified in Star Trek, to prevent the spread of DNA information. Why do we need DNA?

To make lookalike clones which we can insert in their place, … of course.

Duffy is God’s answer to a prayer.. I miss the old days of blogging when we were debating principals instead of people… Duffy has stuck to the old line of debating principals with facts, and that is what makes him special in the eyes of bloggers everywhere…

Since the passing of Steve Newton, he has been the only one to challenge me in any argument, and usually some pretty good stuff comes out of both sides during the exchange… I have respected that.. Cause once again, opinions mean dick. Facts are what we steer by.. It is my hope that in responding to his challenge that an answer may make itself apparent.. Who knows? It may not come from me… But if I’m the catalyst for bringing it out in the open, then… none of this was in vain..

Why I like to debate Duffy is simple.. Neither side, he or I, is concretely set in their opinions… We accept it when the other side makes sense… I usually go into such debates having no idea where they’ll end up… I hope the rest of you enjoy the ride as welI….

That said..

Duffy leads: Wall Street’s problems were caused by Fannie and Freddie loaning money to people they knew couldn’t pay and moreover, forcing banks to lend money to people who couldn’t pay. That was not deregulation but misregulation

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate.

First off, the Community Reinvestment Act of 1977 was developed for, and locked in on, urban developmental areas and had no part of the subprime boom, which primarily occurred out in western desert regions where owning 4 to 5 investment homes was normal… Those homes were overwhelmingly funded by loan originators NOT SUBJECT to the act… We all know the crises was not because people couldn’t afford a payment on their house. It came about, because with no occupants, people could not afford the payments of 4 to 5 houses….. Instead of one loan per borrower turning up in default; four to five were.
Investment Homes lead forclosures not inner city Residences

Second off, The housing bubble reached its point of maximum inflation in 2005.
The Housing Bubble Starts to Dive in 2005
Courtesy of NYT

Third off, During those exact same years, Fannie and Freddie were sidelined by Congressional pressure, and saw a sharp drop in their share of loans secured by the Feds… Follow the dotted line on the very bottom of the graph…
Freddie and Fannie on the lowest line
Courtesy of NYT

Fourth off; During those exact same years, private secures, like Delaware’s own AIG, grabbed the lions share of the market.
Private, not Public Insurers Caused the Crash
Courtesy of NYT

Remember these graphs for later on when I discuss the results of deregulation, versus regulation… But like it or not, these graphs conclusively show that private insurers, who thanks to Marie Evans, we now know were deregulated by Phil Gramm in the 2000 Omnibus Bill, were the primary cause of the worlds financial collapse.. Probably put best by these words of AIG’s spokesperson, who when asked why they didn’t have sufficient funds to cover losses, said point blank, “We were deregulated. We were no laws requiring us to keep any funds, ..so we spent it…”

Duffy leads: The loosely regulated hedge funds escaped this mess largely unscathed. Why? They can’t count on a bailout like the big banks. The Too Big To Fail banks were counting on a bailout (not unlike the S&L bailouts which started on the Republican’s watch) and they got them.

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate. I agree that the hedge funds did survive better than the banks. Not because of bailouts, but because they sold short during the crises and made billions while firms closed and people got thrown out of work. There is nothing wrong with that; I did the same. In fact close readers may remember my warnings that the crises was impending almost a year earlier. Very close readers may remember my telling them exactly when to sell, and at what point the stock market would rebound… I must say: I called it rather well. :)

“Hedge funds were not in my understanding, at fault in the credit crisis,” said David Ruder, former chairman of the Securities and Exchange Commission. “At the most what they did was to sell securities when some of their investments were declining and they needed to have liquid funds. They were not the architects of these problems.”

De regulated hedge funds are not the issue… De-regulated, excessively leveraged, mortgage securities, are a different story however… They, not the banks that held them, are the cause of the crises…Years from now, when academics search for causes of the stock market crash of 2008, they will focus on the pivotal role of mortgage-backed securities. These exotic financial instruments allowed a downturn in U.S. home prices to morph into a contagion that brought down Bear Stearns a year ago this month – and more recently have brought the global banking system to its knees.

Where you err is when you state that banks too big to fail, assumed they would be bailed out… By implication, you say imply they failed from squandering money, and wanted the bailouts.. But your tax dollars didn’t flow directly to the bottom line.

The roughly $200 billion the Treasury Department has handed out to battered banks was swapped for a special class of stock that pays a 5 percent dividend (rising to 9 percent after five years.) As of April 15, the Treasury had collected about $2.5 billion in dividend payments on its investment.

So in that sense, the bailout money represents an expense for banks. That’s one reason a number of banks have said they want to give the money back as soon as possible.

You say big banks were counting on a bailout, and they got them? That didn’t happen to these banks. New Mexico, Georgia, and Florida each lost a bank just last Friday. That brings to 8, the number of banks failed in June. Unfortunately if a bank is failing, it can’t bet on itself to fail, as can a hedge fund.

Duffy leads: Banks have successfully lobbied to get their losses absorbed by taxpayers and gains are kept private. How nice for them. They felt comfortable making insane gambles because they knew they’d be bailed out. Most of them were right. Also remember that it was Bill Clinton who tore down the wall between retail and investment banking. The idea was to give banks more stability as they typically perform as exact opposites in bull and bear markets. (FWIW, I think that was a good idea and I can tell you first hand that two of the Fortune 100 banks I worked for were carried by retail banking in bear years. They may not have had bonuses those years but they didn’t have layoffs either)

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate. The idea is that the banks made bad decisions knowing taxpayers would bail them out is the issue that is inaccurate. For the record, I have no qualms that it was the Clinton legacy who tore down the wall between banks and investment banking. Like you, I feel it was a good idea to do so… Again the problem was not primarily with banks making loans to people who could not pay.. Although, it was as late as October 2009, when I was made aware of one private Bank in Denver still exaggerating income to make loans look good enough on paper to get approval of securitization. What caused the collapse was the leveraging of those loans as securities, so that as the housing market became overextended, and the ARM jumped past the low cost opening years, the damage was 100 times worse because of leveraging. What made the collapse criminal, was that the insurance most financial institutions had bought from AIG, to cover such an improbable event, had already spent by that companies executives, out on bonuses to themselves. What made it doubly criminal, was that when they received government dollars through a taxpayer bailout, those same executives assumed it was to first go towards paying their bonuses again. However, very recent events may give some cover to the argument that some collusion was implicit in the bailing out of Goldman Sacs and AIG… Basically, once bailed out, AIG paid Goldman Sacs for shares twice as much as they were worth. The documents also indicate that regulators ignored recommendations from their own advisers to force the banks to accept losses on their A.I.G. deals and instead paid the banks in full for the contracts.

The market is pretty tight….

In May 2010, 28 thousand new homes were sold (non seasonally adjusted) (NSA). This is a new record low. The previous record low for the month of May was 34 thousand in 2009; the record high was 120 thousand in May 2005.

New Homes Hit New Bottom

The Census Bureau reports New Home Sales in May would create a seasonally adjusted annual rate (SAAR) of 300 thousand per year. This is a sharp decrease from the revised rate of 446 thousand in April (revised from 504 thousand).

The 300 thousand annual sales rate is a new all time record low. The previous record low annual sales rate was 338 thousand in September 1981

It strikes me that the Republican revolution has gone full circle; drunk from their stolen victory in 2004, they’ve crashed themselves into a wall.

Hube…

If government entities were all supposed to allow guns on their premises, then why do we spend so much money at every governmental building to insure that no firearms enter that very building?

Because those inside do not want to get shot… :)

If that is good enough for the General Assembly located in Legislative Hall, it is good enough for residents of Public Housing.

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