body~politic

~~~~~~~~~> Does DEBT  become SERFDOM ?

Tweet me @ColonialSerf, and let me know, and I'll share the answers HERE!!!

Friday, June 5, 2015

Alejandro Pedrosa on Twitter: "This is the simplest way to describe Keynesianism: http://t.co/hMoXDemokD"

Alejandro Pedrosa on Twitter: "This is the simplest way to describe Keynesianism: http://t.co/hMoXDemokD"

Exclusive–Sessions to Obama: Why Are You Keeping Obamatrade’s New Global Governance Secret? - Breitbart

Exclusive–Sessions to Obama: Why Are You Keeping Obamatrade’s New Global Governance Secret? - Breitbart





Sen. Jeff Sessions (R-AL)80%
, the chairman of the Senate Judiciary Committee’s subcommittee on Immigration and the National Interest, has written a scathing new letter to President Barack Obama pressuring him to explain why Obamatrade has been so secretive.

“On May 6th of this year, I sent you a letter (enclosed) regarding your request for Congress to grant you fast-track executive authority,” Session wrote to Obama on Friday in a letter provided exclusively to Breitbart News ahead of its public release. “Under fast-track, Congress transfers its authority to the executive and agrees to give up several of its most basic powers.

These concessions include: the power to write legislation, the power to amend legislation, the power to fully consider legislation on the floor, the power to keep debate open until Senate cloture is invoked, and the constitutional requirement that treaties receive a two-thirds vote.

“The latter is especially important since, having been to the closed room to review the secret text of the Trans-Pacific Partnership, it is clear it more closely resembles a treaty than a trade deal.

“In other words, through fast-track, Congress would be pre-clearing a political and economic union before a word of that arrangement has been made available to a single private citizen.”

The letter hones in on the new global governance, as Sessions calls it, that would be created by the Trans Pacific Partnership (TPP)—which would almost certainly be approved by Congress should the House of Representatives vote in favor of Trade Promotion Authority (TPA) to fast track TPP and other trade deals. TPA, which passed the Senate a couple weeks ago, would ensure—barring some unforeseen development—the congressional approval of TPP, and collectively the two have become known as Obamatrade.

“The letter, which received no reply, asked several fundamental questions Congress ought to have answered before even considering whether to grant the executive such broad new powers,” Sessions wrote to Obama on Friday referencing his previous letter. “Among those, I asked that you make public the section of the TPP that creates a new transnational governance structure known as the Trans-Pacific Partnership Commission. The details of this new governance commission are extremely broad and have the earmarks of a nascent European Union, with many similarities.

“Reviewing the secret text, plus the secret guidance document that accompanies it, reveals that this new transnational commission – chartered with a ‘Living Agreement’ clause – would have the authority to amend the agreement after its adoption, to add new members, and to issue regulations impacting labor, immigration, environmental, and commercial policy.

“Under this new commission, the Sultan of Brunei would have an equal vote to that of the United States.”

President Obama has ignored and rejected bipartisan calls for transparency on Obamatrade, and refuses to release to the public the text of TPP that TPA would fast-track. In fact, currently, only members of Congress—and certain cleared staffers with high enough security clearances, and those staffers can only go with a member—are allowed to go into a secret room in the U.S. Capitol to go read the text of Obamatrade’s TPP component.

“The implications of this new Pacific Union are extraordinary and ought to be discussed in full, in public, before Congress even contemplates fast-tracking its creation and pre-surrendering its power to apply the constitutional two-thirds treaty vote,” Sessions wrote to Obama. “In effect, to adopt fast-track is to agree to remove the constitutional protections against the creation of global governance structures before those structures are even made public.

“I would therefore ask that you provide to me the legal and constitutional basis for keeping this information from the public and explain why I cannot share the details of what I have read with the American people. Congress should not even consider fast-tracking the transfer of sovereign power to a transnational structure before the details of that new structure are made fully available for public review.”

Just this week, it was revealed that several members of House Speaker Rep. John Boehner (R-OH)40%
’s leadership team have been whipping votes for Obamatrrade but haven’t read the TPP text—and Boehner himself appears not to have as well, since his staff continues refusing to answer whether he did. House Rules Committee chairman Rep. Pete Sessions (R-TX)65%
and Majority Whip Rep. Steve Scalise (R-LA)76%
are pushing Obamatrade, but haven’t gone to the room to read the TPP deal text.

In addition, it was also discovered that Sen. Marco Rubio (R-FL)81%
and Sen. Lindsey Graham (R-SC)49%
—two presidential candidates on the Republican side—didn’t go to the secret room to read the TPP text before voting for TPA to fast track the Obamatrade process. That means Rubio, the only serious presidential candidate of that pair, voted on a significant piece of legislation that affects trade policy on the scale that Obamacare affects healthcare, or his “Gang of Eight” amnesty bill affects America’s sovereignty and immigration policies, without reading it.

Obama himself also revealed this week that China has been trying to add itself into the deal, and he and his administration officials have been in talks with the currency manipulator to try to make that happen.

Sen. Ted Cruz (R-TX)96%
, who’s also running for president, read the TPP text after writing a Wall Street Journal op-ed with House Ways and Means Committee chairman Rep. Paul Ryan (R-WI)60%
—but before voting for Obamatrade.

Sen. Rand Paul (R-KY)93%
is clearly in the best position of his fellow 2016 GOP presidential candidates in the Senate, as not only did he vote against TPP after going to the secret room to read the text, he’s become one of the loudest voices against the largely secretive process and has pushed for Obama to publicly release the deal text.

Former Florida Gov. Jeb Bush joins Rubio and former Secretary of State Hillary Clinton—who helped negotiate the deal during her time in Obama’s State Department—as supportive of Obamatrade, as does former Texas Gov. Rick Perry.

Most of the rest of the 2016 field, however, is opposed, as former Arkansas Gov. Mike Huckabee, former Pennsylvania Sen. Rick Santorum, Carly Fiorina, Dr. Ben Carson, Louisiana Gov. Bobby Jindal, and real estate mogul Donald Trump, among others, are opposed.

On the Democrat side, former Maryland Gov. Martin O’Malley and Sen. Bernie Sanders of Vermont both oppose Clinton’s support for Obamatrade.

After the Senate passed the deal a couple weeks ago, the House could vote as early as next week–but GOP leadership is having extraordinary difficulty finding the votes necessary to pass this with surging bipartisan opposition to Obamatrade.




Thursday, June 4, 2015

This Aussie company is making a material that could reinvent electronics

This Aussie company is making a material that could reinvent electronics



A material that could reinvent everything from electronics to energy production is in the early stages of development, and one Australian company has a front row seat.
Adelaide-based Valence Industries, which owns the only graphite mine currently open in Australia, is developing a material considered to be hundreds of times stronger than steel and more conductive than copper: graphene.

Tuesday, June 2, 2015

Uh-Oh. Bad News For Climate Catastrophists: The Sahara is Getting Greener | Liberty First

Uh-Oh. Bad News For Climate Catastrophists: The Sahara is Getting Greener | Liberty First



Climate change has achieved what Bob Geldof and Live Aid failed to do by ending the drought in the Sahel region of Africa that killed more than 100,000 people in the 1980s, a study has found. Rising greenhouse gases caused rains to return to the region south of the Sahara, from Senegal to Sudan, boosting crop yields since the 1990s and helping the population to feed itself without relying on foreign donations. The study, in the journal Nature Climate Change, found that Sahel summer rainfall was about 10 per cent, or 0.3mm, higher per day in 1996-2011 than in the drought period of 1964-93.




If one advances confidently in the direction of his dreams, and endeavors to live the... - Henry David Thoreau at BrainyQuote

If one advances confidently in the direction of his dreams, and endeavors to live the... - Henry David Thoreau at BrainyQuote



If one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours.

Read more at http://www.brainyquote.com/quotes/quotes/h/henrydavid163655.html#qBYbJWs3QmOYKGbw.99

Too Many Lawmakers Act Like The Beatles Taxman - US News

Too Many Lawmakers Act Like The Beatles Taxman - US News



"Don't ask me what I want it for, if you don't want to pay some more." Those lyrics, from the immortal Beatles song "Taxman," seem to sum up the attitude of too many lawmakers on Capitol Hill. Look no further than legislation from Sen. (and presidential candidate) Bernie Sanders, I-Vt., and Rep. Keith Ellison, D-Minn., which, they claim, would "close tax loopholes" and "eliminate other subsidies" for the oil and gas industry.
If these lyrics sound familiar, it's because they are, and the tune is getting tiresome on the ears of taxpayers, who would rather hear something more upbeat about overhauling a tax system that is giving just about everyone a serious case of the blues.
A handful of the dozens of items in the Sanders-Ellison bill make sense. Their call to eliminate the $100 million Ultra Deep Water research program is echoed in a joint report on transpartisan deficit reduction opportunities published by my organization, National Taxpayers Union, with U.S. Public Interest Research Group. We also recommended ending energy research demonstration programs even-handedly, instead of just picking on one sector as Sanders and Ellison do.
But elsewhere, the two lawmakers' message becomes conflicted. They propose to get rid of taxpayer-backed loans, guarantees and other instruments in federal programs like the Overseas Private Investment Corporation and the Export-Import Bank, but only when they involve fossil fuels. That means Solyndra-style "green energy" debacles would continue to plague taxpayers, as would counterproductive Ex-Im finance deals for mega-businesses like Boeing. Government should be less, not more, involved in the game of picking winners and losers in the private sector.
On tax policy, Sanders and Ellison likewise fail to take an even-handed approach. The centerpiece tax hikes in the bill would come from stripping oil and gas of cost-recovery techniques in the tax code that are either available to a wide range of actors in the economy or have equivalents in many industries. Two of the bigger examples are denying the section 199 job-creation deduction to oil and gas, which qualifying domestic manufacturers of all types can claim, and getting rid of "last in, first out" tax accounting for fossil fuel companies. As I said in testimony last month before the House Small Business Committee, this decades-old method is not just about big petroleum concerns – many medium- and small-sized firms that must keep large inventories of various goods on hand have employed it.
Ironically, even as the sponsors of the bill labor to show otherwise, the oil and gas industry already pays more than its fair share when it comes to taxes. Exhaustive research indicates that energy companies pay a higher average tax rate than others in the S&P index. Nor should their contributions of jobs and investments be overlooked. Even the president's Council of Economic Advisers seemed to acknowledge these gains in its latest economic report. The council found that "The U.S. energy revolution has contributed to economic growth, both in terms of economic output as measured by GDP and overall employment." It's oil and gas leading that revolution, by the way.
Yet, the taxing obsession remains all too common. Former Senate Finance Committee Chairman Max Baucus, D-Mont., targeted the energy sector in his quest for tax reform. Earlier this year, Treasury Secretary Jack Lew singled out oil and gas for inequitable tax rates in a Brookings Institution speech. And Sen. Edward Markey, D-Mass., recently introduced a bill repealing the excise tax on medical devices by closing tax code "loopholes" for oil and gas. Such a twisted calculus has to change, for the sake of streamlining and simplifying the entire tax system for all Americans.
In their efforts to tackle this vital task of tax reform, Senate Finance Committee Chairman Orrin Hatch, R-Utah, and Ranking Member Ron Wyden, D-Ore., have held multiple hearings and established working groups to examine existing tax law and make legislative recommendations to the committee. Hatch and Wyden also solicited input from the public, which have yielded 1,400 submissions from a range of business groups and trade associations.
In submitting its detailed comments to the business tax working group, National Taxpayers Union urged the committee to reject proposals that misuse reform as an opportunity to boost tax burdens through closing so-called "loopholes." We warned that by basing tax policy on vindictiveness toward politically out-of-favor businesses, "principles such as rule of law and a level playing field for all Americans become trivialized. In turn, the entire tax system itself is jeopardized."
Another illustration of this decay is the array of proposals from lawmakers and the president to strip away a deduction for foreign affiliate reinsurance activities. While it sounds complicated, this revenue-raising scheme would "penalize a common practice that has diversified financial resources against mega-disasters and helped to keep insurance rates reasonable for consumers." A recent study by renowned economist Art Laffer and Peter Ferrara quantified the damage that singling out reinsurance for tax hikes could have, projecting private sector losses of more than $4 for each dollar of government revenue raised.
To end the way this piece began – on a musical theme – policymakers should beware of singling out and punishing anyone through the tax system. Just ask Bono of the Irish supergroup U2, who in a recent Sky News interview defended the band's decision to locate part of its business in the Netherlands instead. Typically known as an advocate for what some would call liberal causes, the singer said, "we think it is our sovereign right to be tax competitive ... [B]ecause I'm an activist, people think you should be stupid in business. I don't run with that."
Businesses and people do, however, "run" from what they perceive to be arbitrary tax laws, by locating to financial climates that are less harsh. That's a lesson in competitiveness every taxman needs to learn, whether he's in England, Ireland or the United States. 

Monday, June 1, 2015

Ecocapsule is the egg-shaped tiny home that can go off-grid and off-pipe : TreeHugger

Ecocapsule is the egg-shaped tiny home that can go off-grid and off-pipe : TreeHugger




This giant straw is actually a vertical bladeless wind turbine : TreeHugger

This giant straw is actually a vertical bladeless wind turbine : TreeHugger

Why Are Some Countries Rich And Others Poor? - Forbes

Why Are Some Countries Rich And Others Poor? - Forbes



In the outskirts of Lima, Peru, for example, de Soto describes highly entrepreneurial capitalistic communities. These “informal economies” operate with very little government interference or governmental protection. In one sense you could call these economies “laissez faire.” But they lack the institutions of capitalism. That is, they lack access to a system of courts that enforce contracts. They lack access to a “night watchman” who protects property rights.

What Does The New York Times Have Against Kids? - Forbes

What Does The New York Times Have Against Kids? - Forbes



One of the most amazing things about political commentary these days is the failure to connect cause and effect on the left. Some of those complaining the most vociferously about inequality are the very ones most strenuously advocating policies that would cut off job opportunities and educational opportunities for America’s most vulnerable populations.
The New York Times, for example, considers inequality of income and wealth one of the great problems of our age. But last Saturday the editorial page railed against a New York state proposal that would have allowed some of New York’s poorest children to escape poorly performing public schools and attend private ones instead. That followed on the heels of another Times editorial praising Los Angeles for imposing a $15 an hour minimum wage – a measure that will affect more than half of the city’s workers. That’s really bad news for anyone who can’t produce $15 worth of goods and services in an hour.

Treasury Rule Allows Taxpayer Subsidized Health Insurance For Illegal Immigrants - Forbes

Treasury Rule Allows Taxpayer Subsidized Health Insurance For Illegal Immigrants - Forbes



Also, Section 36B of the ACA grants credits to some non-citizens with low-incomes only if they are themselves lawfully present in the U.S. and cannot obtain Medicaid coverage.




Headwinds For Health Insurers As Obamacare Stumbles - Forbes

Headwinds For Health Insurers As Obamacare Stumbles - Forbes



You might think this headline is a gag, given how deeply health insurers are dug into Obamacare. Only a month ago, I wrote that health plans’ mastery of Obamacare poses challenge to repeal. Losses in Obamacare’s controversial exchanges are not yet apparent in the publicly listed insurers’ financial statements. However, exchanges comprise of a small (but not trivial) market of about 11 million people. Through 2016, health plans losing money in Obamacare can rely on taxpayers to help them out. After that, they are on their own.
Already, many plans are finding participation painful and increasing Obamacare premiums significantly for 2016. 

Singularity and the anthropocentric bias | Svedic.org

Singularity and the anthropocentric bias | Svedic.org





Let me offer the antithesis:
Superintelligence is unlikely to be a risk to humankind unless we try to control it.


Sunday, May 31, 2015

Obama's DOJ To Circumvent Congress With 'More Than A Dozen' New Gun Controls - Breitbart

Obama's DOJ To Circumvent Congress With 'More Than A Dozen' New Gun Controls - Breitbart



Lynch’s DOJ now has the Second Amendment in its sights.



Obama's DOJ To Circumvent Congress With 'More Than A Dozen' New Gun Controls - Breitbart

Obama's DOJ To Circumvent Congress With 'More Than A Dozen' New Gun Controls - Breitbart



Lynch’s DOJ now has the Second Amendment in its sights.



Why the Obamacare Train Wreck Must Be Stopped

Why the Obamacare Train Wreck Must Be Stopped



As of this month, Obamacare has undergone not fewer than 50 substantial changessince its enactment in March 2010. One wonders what is worse: the law and its economically destructive mandates or that US President Barack Obama initiated 31 of these changes without legislative approval.+
Such wholesale changes on the fly, by the law’s own architects, demonstrate the Affordable Care Act’s resounding failure better than any critic ever could. Many of those responsible have now admitted the error of their ways, resigned, or inadvertently revealed the dishonest manner of its passage. Political proponents such as former Senator Mary Landrieu of Louisiana have also suffered swift dismissals from their constituents.+
US Americans have tasted the proof in the pudding and strongly oppose enforcement, as Obamacare enrollments slow to a trickle. They see that the complicated mix of mandates, subsidies, taxes, and “exchanges” have already reduced choice, raised costs, violated privacy,undermined constitutional government, and harmed employment prospects for the most vulnerable.+
Far from serving constituent needs and promoting competition, “large health insurance plans … effectively are collaborating with government officials in carrying out federal health policy,” as explained in a Mercatus Center working paper (PDF).+
However, diehard legislators and special interests still stand in the way of Obamacare’s repeal and parrot deceptive signup numbers, failing to discount those who either do not pay premiums or drop out. Ad hoc changes and delay tactics have mitigated some of the political fallout, and the medical reform has now achieved a considerable degree of inertia.+
If advocates for deregulation are to achieve a meaningful reversal of this train wreck, they must (1) stand vigilantly against any progressive claim to the moral high ground and (2) zero in on and unravel the last stand of Obamacare adherents: the utopian march to socialized medicine.+
Richard Epstein addresses the first point in a penetrating essay, “Obamacare’s Slow Death?” There was, as he notes, a problem: “inferior health care at premium prices for large portions of the population.” Unfortunately, the progressives in control of the reform chose to double down with more subsidies and tighter regulations.+
If the reformers cared for the needs of constituents, rather than those of well-connected lobbies, they could have chosen an alternative path. In fact, there are many reforms that would cost less than nothing to enact and would immediately achieve better access to medical treatment. Consider, for example, that certificate-of-need lawsbans on imported drugs, onerous FDA approvals, and licensing requirements all block the underlying supply side of the equation.+
Even if willing to acknowledge the failures of Obamacare in its present form, many proponents may respond by wanting to double down again on the interventionist route. They remain enamored by the myth of universal coverage under “single-payer” socialized medicine.+
Apparently socialized coverage is not enough to keep Cubans from fleeing on makeshift boatsfor the Florida coast, but one can also look to Canada for wisdom on this matter. Although this development has flown under the radar in US discourse, medical tourism for Canadians is booming, with more than 52,000 traveling abroad in 2014, up 26 percent from 2013.+
Canadians, supposedly with universal coverage, have thrown up their hands at rationing, unwilling to take the risk of waiting lists. Consider that “in 2014, the average patient in Canada could expect to wait almost 10 weeks for medically necessary treatment after seeing a specialist,” as reported by Bacchus Barua of the Fraser Institute in British Columbia.+
There may be less fire in the belly now among establishment politicos to repeal Obamacare, but for those willing to take up the challenge and embrace deregulation, evidence continues to pile up in your favor. Further, you have a constituency that supports you, so it is a winning platform.+

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