As has been obvious I haven’t been posting much at all just because I am so disgusted and dispirited by everything attached to and associated with it, and I know I’m not alone in this feeling. Here in Deep Blue New Jersey as I drive around I see hundreds of signs advocating various candidates for various local offices…but interestingly none for the Presidential candidates; and by “none” I do mean none. Thinking back on years past when the yards were festooned with “Gore” and “Obama” and “Bush” signs it is shocking to drive around and see no Trump or Hillary signs; and the lack of Hillary signs is especially so here in New Jersey (and frankly should be very troubling for her and her Party).
There is ONE sign in my town with her name on it, and it’s not exactly a ringing endorsement:
Save the Children Report on Girls Ranks U.S. 32nd Out of 144 Countries
by EMMA MARGOLIN
The United States has finished behind countries including Algeria and Kazakhstan in a new ranking of the best and worst countries in which to be a girl.
The report compiled by Save the Children suggested Sweden was the best place for young females to live. Niger finished at the bottom. The U.S. was rated 32nd on the 144-country list.
Not all rich countries are doing as well as they could for their girls, according to the non-governmental organization. It singled out the U.S. in particular.
“There are things where we do not shine on the U.S. side,” said Carolyn Miles, president and CEO of Save the Children. One major example she pointed to was female representation in national government.
I cordially invite Emma and her cohorts to move to Algeria and Kazakhstan and enjoy the glorious life for women there.
Five years after MF Global’s collapse after big, levered bets on European bonds blew up leaving a $1.6 billion shortfall in customer funds, WSJ reports former New Jersey Gov. and Goldman Sachs CEO Jon Corzine is nearing a deal to pay $5 million to end a U.S. regulator’s lawsuit.
Ending what The Wall Street Journal calls a long and messy chapter in a four-decade career which touched the pinnacles of Wall Street and politics…
Mr. Corzine reached the tentative settlement with the Commodity Futures Trading Commission in June, submitting to a ban from trading client money in commodities and others assets regulated by the commission, the people said. A final deal has been on hold as the commission negotiates a resolution to its case against another former executive at MF Global, the people said. The terms may still shift ahead of a final deal, several people said.
And the Dems are all set to select another Goldman alum for our next Gov.
More than 300 wild reindeer have been killed by lighting in central Norway in what wildlife officials are calling an unusually large natural disaster.
The Norwegian Environment Agency has released eerie images showing a jumble of reindeer carcasses scattered across a small area on the Hardangervidda mountain plateau. The agency says 323 animals were killed, including 70 calves, in the lightning storm Friday.
Agency spokesman Kjartan Knutsen told the AP it’s not uncommon for reindeer or other wildlife to be killed by lightning strikes, “but we have not heard about such numbers before.”
He said reindeer tend to stay very close to each other in bad weather, which could explain how so many were killed at once.
Haunting this year’s presidential contest is the sense that the U.S. government no longer belongs to the people and no longer represents them. And this uneasy feeling is not misplaced. It reflects the real state of affairs.
We have lost the government we learned about in civics class, with its democratic election of representatives to do the voters’ will in framing laws, which the president vows to execute faithfully, unless the Supreme Court rules them unconstitutional. That small government of limited powers that the Founders designed, hedged with checks and balances, hasn’t operated for a century. All its parts still have their old names and appear to be carrying out their old functions. But in fact, a new kind of government has grown up inside the old structure, like those parasites hatched in another organism that grow by eating up their host from within, until the adult creature bursts out of the host’s carcass. This transformation is not an evolution but a usurpation.
What has now largely displaced the Founders’ government is what’s called the Administrative State—a transformation premeditated by its main architect, Woodrow Wilson. The thin-skinned, self-righteous college-professor president, who thought himself enlightened far beyond the citizenry, dismissed the Declaration of Independence’s inalienable rights as so much outmoded “nonsense,” and he rejected the Founders’ clunky constitutional machinery as obsolete. (See “It’s Not Your Founding Fathers’ Republic Any More,” Summer 2014.) What a modern country needed, he said, was a “living constitution” that would keep pace with the fast-changing times by continual, Darwinian adaptation, as he called it, effected by federal courts acting as a permanent constitutional convention.
read the whole thing and have a depressing weekend.
Taliban use ‘honey trap’ boys to kill Afghan police
•June 16, 2016
The Taliban are using child sex slaves to mount crippling insider attacks on police in southern Afghanistan, exploiting the pervasive practice of “bacha bazi” — paedophilic boy play — to infiltrate security ranks, multiple officials and survivors of such assaults told AFP.
The ancient custom is prevalent across Afghanistan, but nowhere does it seem as entrenched as in the province of Uruzgan, where “bacha bereesh” — or boys without beards — widely become objects of lustful attraction for powerful police commanders.
The Taliban over nearly two years have used them to mount a wave of Trojan Horse attacks — at least six between January and April alone — that have killed hundreds of policemen, according to security and judicial officials in the province.
“The Taliban are sending boys — beautiful boys, handsome boys — to penetrate checkpoints and kill, drug and poison policemen,” said Ghulam Sakhi Rogh Lewanai, who was Uruzgan’s police chief until he was removed in a security reshuffle in April amid worsening violence.
“They have figured out the biggest weakness of police forces — bacha bazi,” he told AFP.
Sorry, Venezuela haters: this economy is not the Greece of Latin America
Predicting a Venezuelan apocalypse won’t make it happen
For more than a decade people opposed to the government of Venezuela have argued that its economy would implode. Like communists in the 1930s rooting for the final crisis of capitalism, they saw economic collapse just around the corner. How frustrating it has been for them to witness only two recessions: one directly caused by the opposition’s oil strike (December 2002-May 2003) and one brought on by the world recession (2009 and the first half of 2010). However, the government got control of the national oil company in 2003, and the whole decade’s economic performance turned out quite well, with average annual growth of real income per person of 2.7% and poverty reduced by over half, and large gains for the majority in employment, access to health care, pensions and education.
Now Venezuela is facing economic problems that are warming the cockles of the haters’ hearts. We see the bad news every day: consumer prices up 49% over the last year; a black market where the dollar fetches seven times the official rate; shortages of consumer goods from milk to toilet paper; the economy slowing; central bank reserves falling. Will those who cried wolf for so long finally see their dreams come true?
Not likely. In the opposition’s analysis Venezuela is caught in an inflation-devaluation spiral, where rising prices domestically undermine confidence in the economy and currency, causing capital flight and driving up the black market price of the dollar. This adds to inflation, as does – in their theory – money creation by the government. And its price controls, nationalisations and other interventions have caused more structural problems. Hyperinflation, rising foreign debt and a balance-of-payments crisis will mark the end of this economic experiment.
But how can a government with more than $90bn in oil revenue end up with a balance-of-payments crisis? Well, the answer is: it can’t, and won’t.