Friday, August 29, 2014


Washington Examiner
August 29, 2014

The Obama administration has released a huge majority of illegal immigrant children who poured over the U.S.-Mexico border earlier this year into dozens of tiny counties without notifying the public, while deporting just 280, according to new reports.
The Health and Human Services Department released a list of 126 counties 29,890 of the kids were placed into, sometimes with their parents who are also in the United States illegally.
Those counties include some of the most exclusive in the nation, including the Washington suburbs of Fairfax and Loudoun in Virginia and Howard and Montgomery in Maryland. Fairfax received 1,023.

Iran Begins Arming Palestinian Terrorists

Washington Free Beacon
August 28, 2014
Masked Palestinian militants march with guns / AP

Promises ‘the annihilation of the Zionist regime’

Iranian military leaders say that they have begun weapons deliveries to Palestinian terrorists in the West Bank and elsewhere in the region after months of promising increased military support for Israel’s enemies, according to regional reports.
A top Iranian military commander confirmed that weapon shipments to the West Bank have already begun and that more will be sent to other “Palestinian resistance groups.”
“Arming the West Bank has started and weapons will be supplied to the people of this region,” Brigadier General Mohammad Reza Naqdi, the commander of Iran’s volunteer Basij force told the state-run Fars News Agency on Wednesday.
The announcement was made after weeks of inflammatory statements from Iranian leaders threatening war on Israel and promising to rearm Palestinian militants such as Hamas so that they can continue their war on the Jewish state.
The military leader also confirmed what has long been suspected by Israeli intelligence agencies: That Iran is responsible for training and arming Hamas with highly advanced rockets that were used to penetrate deep into Israeli territory during the most recent conflict.
Much of the arms Hamas deployed “were the products of the Islamic Republic of Iran,” Fars reported Naqdi as saying.
Iran is arming terrorists in the more moderate West Bank of Israel—as opposed to the Hamas-run Gaza Strip—because attacks on Israel from this area will ensure “the annihilation of the Zionist regime.”
“The Zionists should know that the next war won’t be confined to the present borders and the Mujahedeen will push them back,” Naqdi said.
An Iranian General this week vowed to launch a surprise attack on Israel in retaliation for an Israeli drone that was reportedly shot down near an Iranian nuclear site.
Anger at the incident has also prompted Tehran to step up its military support for Palestinian terrorists.
“We will accelerate arming the West Bank and we think that we are entitled to give any response (to the recent aggression) which we deem appropriate,” Brigadier General Amir Ali Hajizadeh, commander of Iran’s Revolutionary Guards Corps’ (IRGC) Aerospace Force, was quoted as saying on Monday.
Iran also is considering military force, according to Hajizadeh.

A day of reckoning has arrived to retiring Americans: 63 percent of Americans that start working by the age of 25 will be dependent on Social Security, relatives, or charity by the time they hit 65.

August 29, 2014

The notion of retirement is a fairly new one outside of wealthy circles. For most of civilized history, people worked until they died. Not a glamorous way to go but that is simply the course of human history. Only until recently with the emergence of the middle class was there a general semblance that retirement may be accessible to all. However looking at actual figures reflects a very different picture. It is hard to get a perfect balance sheet as to where older Americans stand today since there are many differing resources floating out in the market. Yet one thing is consistent and that is, older Americans are entering into a major day of reckoning with not enough. Older Americans are woefully unprepared for what lies ahead in retirement. Many are basically at the mercy of Social Security, family, or charity. Not exactly the retirement paradise Wall Street started pitching to the masses starting early in the 1980s. The reason this has gone on for so long is the political system is co-opted by big money. Over this period of time real substantive reforms could have occurred. Instead a generation has passed and many have nothing to show for it even with the stock market at record highs.
Retirement plan number 1: have no savings
Everyday roughly 6,000 Americans hit the age of 65. Too bad 36 percent of Americans have nothing saved for retirement. The typical cost of medical service for someone 65 and older and living 20 more years is $215,000. Given that many have nothing, they are simply one medical event away from the poor house. This is why programs like Social Security and Medicare are protected with such fury by older Americans. In many ways, this is their only form of wealth in retirement. Most do not participate in the Wall Street casino.
Some interesting figures regarding older Americans:
retirement nightmare
63 percent of Americas hitting the age of 65 will depend on Social Security, friends, family, or charity assuming they started working by the age of 25. I suppose if you weren’t working then retirement should be obviously off the table. Many are even in a more troubled position by being deeply in debt. To save for retirement, you need to have disposable income left over once the bills are paid and with inflation slowly eating away at purchasing power, many are starting to see their dollars are not going as far as they once did. Sure, the Fed says inflation is low and the BLS has inflation plodding along but compare the prices of the following from today and a decade ago:
-College tuition
-Medical costs
Still think inflation is not happening? And this is even scarier for older Americans living off Social Security with a Cost of Living Adjustment index that will look at the CPI measure for inflation. Slowly, they are being pushed out of the market. It is called purchasing power erosion.
As you would expect, older Americans spend a large amount of money in healthcare and also buy a good number of cars:
Those 50 and older account for:
77% of all prescription drug purchases
61% of all over-the-counter drug purchases
47% of all auto sales
The last point ties in with the subprime emergence in auto loans. Many older Americans with blemishes on their credit history are now buying cars thanks to financial intuitions looking for another segment of the economy to securitize and sell off to the world.
And this cycle is likely to persist given younger Americans are basically spending more of their income versus saving it for a rainy day:
spending habits
51 percent of Millennials say they are spending more today than they were last year but when we look at net worth data, we find less money being saved. The feeling of course is that this is a problem for another day. With thousands of baby boomers hitting 65 years of age each and every day more strain will be put on programs that were never intended to be lifetime pension funds. You can only kick the can down the road so far before having to pick it up. The day of reckoning is falling on many older Americans and Congress and Wall Street really have any little sympathy to what is unfolding.

Friday, August 15, 2014


August 15, 2014

A leaked document from the Department of Homeland Security’s Office of Intelligence and Analysis predicts increased “anti-government violence over the next year.” The document says the inspiration for violence is Cliven Bundy’s Bunkerville standoff with the Bureau of Land Management from earlier in the year.

DHS’s seven-page report entitled Domestic Violent Extremists Pose a Threat to Government Officials and Law Enforcement points to the recent murders of two Las Vegas law enforcement officers as evidence that there is a “growing trend of anti-government violence compared to the previous four years and inspired by perceived government overreach and oppression” and the “perceived victory at Bunkervile” will “likely prompt more violence.”
Bundy’s 20-year legal dispute with the BLM over grazing fees on federal land escalated when the agency attempted to seize his cattle in the beginning of April. An armed stand off between the BLM and supporters of Bundy ensued until the feds backed off before any serious violence erupted and left the 67-year-old rancher’s land.
Jerad and Amanda Miller, a husband and wife who were at the Bundy ranch, later killed three people in Las Vegas, including two police officers, before killing themselves. The twoleft an ominous note, swastika, and Gadsden flag by the bodies of both officers. Ammon Bundy, son of rancher Cliven Bundy, told the Associated Press the Millers were not welcome at the Ranch and were kicked out after a few days, calling them “very radical” and that they didn’t “align themselves” with the Bundy’s protest movement.
These incidents that took place in the south and the west since 2010 and that DHS counts as a “surge in militia and lone offender extremists events with anti-government motivations and targets” are: Alaska militia menWaffle House plot in GeorgiaFEAR militiaLAX shooting, XXX Militia Splinter Group, Bunkerville Ranch, Texas Militia plot, Las Vegas shootings.
From the report:
After years of only sporadic violence from violent domestic extremists motivated by anti-government ideologies, I&A has seen a spike within the past year in violence committed by militia extremists and lone offenders who hold violent anti-government beliefs. These groups and individuals recognize government authority but facilitate or engage in acts of violence due to their perception that the United States Government is tyrannical and oppressive, coupled to their belief that the government needs to be violently resisted or overthrown.

Wednesday, August 6, 2014

Anti-Semitism flares up Globally with Gaza crisis

The Hill
August 6, 2014

There are many takeaways from the Gaza war, including the diversion of cement and other supplies to the Hamas tunnel and rocket effort, and the use of civilian populations as a military shield.

The civilian casualties, though almost certainly overstated to include Hamas fighters in civilian clothes, are tragic.  The death of so many children is heartbreaking.
But there is another important phenomenon on which we should reflect now, even before the conflict is over: The widespread global eruption of openly anti-Semitic rhetoric and violence in the name of anti-Zionism.
Anti-Semitism has reared its head almost everywhere there are pro-Palestinian street protests.
A heavily Jewish section of Paris was looted and attacked as crowds shouted “Gas the Jews,” in what correctly has been called a pogrom.  Multiple synagogues and Jewish centers in Paris and elsewhere in France were firebombed, and neo-Nazi salutes were center stage.
In Berlin protesters shouted “Jew, cowardly pig, come out and fight.” 
While in Frankfurt they carried signs such as “The Jews are Beasts” and the Star of David is “The Star of the Devil.”
In the Hague, Netherlands, crowds chanted “death to all Jews,” shocking local officials.
In England, particularly London, there have been over 100 anti-Semitic incidents, and anti-Israel protesters pushed The Protocols of the Elders of Zion anti-Semitic tract.
And it was not just overseas.  In Miami, protesters chanted “Jews, remember Khaybar, the army of Muhammed is returning,” commemorating an Islamic war victory.
In Boston, pro-Israel supporters had to be rescued from an angry crowd that shouted “Jews back to Birkenau” and “Drop dead, you Zionazi whores.”  A pro-Israel student was attacked by a woman insisting that Jerusalem would be cleansed of Jews, while another crowd shouted that “Jews better learn how to swim.”
There are dozens of other examples.
This was not an isolated instance, or a group of soccer hooligans.  Certainly there can be acts of bigotry and prejudice expressed anywhere.
There is something fundamental to the anti-Semitism being expressed, as it is closely tied into anti-Zionism.  
The rhetoric accompanying these protests is that Zionism is the equivalent of Nazism, that Israelis are the new Nazis or worse.
On social media we have seen the same phenomenon.
Incredibly, an American leader of the anti-Israel academic boycott even tweeted that Zionists were partly to blame for the outbursts of anti-Semitism. 
Another frequent anti-Israel campus speaker approved of a photoshopped image of Theodor Herzl, the founder of modern Zionism, giving birth to Hitler.
Many people have been surprised that anti-Israel fervor manifested itself as anti-Semitism.
But I was not surprised.  I have seen this trend for years, in which anti-Zionism is the mask for anti-Semitism.  Israel alone is singled out and held to standards applied to no other country precisely because it is a Jewish state, and deemed illegitimate in the eyes of Islamists and many leftists.
The boycott, divest and sanctions (BDS) movement is the modern mother’s milk of anti-Semitism
BDS was founded at the 2001 Durban conference, which was so anti-Semitic that the U.S. walked out.  The extreme anti-Zionism of BDS fuels the hatred of Israeli Jews as colonial occupiers, even in Tel Aviv, and seeks to dehumanize the right of the Jewish people to a homeland in the Jewish homeland.
It’s no surprise that BDS banners and shirts were seen at some of the anti-Semitic protests listed above.
Certainly, in theory, one can be anti-Zionist but not anti-Semitic. 
There are ultra-religious Jews who do not believe in Zionism for religious reasons. And there are some left-wing Jews who side against Israel. 
There also are those who truly just want Israel to leave Judea and Samaria (the “West Bank”), although the Israeli departure almost a decade ago from Gaza calls such a strategy into question.
But the exceptions prove the rule. Intellectually one can distinguish anti-Zionism from anti-Semitism. But in the real world, on the streets of Paris, Berlin, London, Boston, Miami and elsewhere, they are one and the same.
It’s time we stopped pretending otherwise.
Jacobson is a clinical professor of Law at Cornell Law School, and publisher of Legal Insurrection Blog.

Robots Will Affect Workforce by 2025

Wall Street Journal
August 6, 2014

The Pew Research Center asked 1,900 technology experts if robots will help or hurt the workforce over the next 10 years. WSJ's Aaron Smith joins Lee Hawkins on Lunch Break to discuss the results. 

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