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Monday, August 01, 2016

'Black Lives Matter' movement arrives in Israel

A delegation from the radical “Black Lives Matter” movement arrived in Israel last week to promote what the group called “the fight for dignity, justice and freedom”.

During the trip to Israel, the BLM delegation participated in a raucous anti-Israel protest in the Samarian village of Bilin, near Modi’in Illit. Two Arab protesters were taken into custody during the event, the Bethlehem-based Ma’an reported.

The BLM delegation in Israel highlighted the movement’s international goals, expressing its opposition to what it described as the “genocide” of Palestinian Arabs at the hands of “Zionist vigilantes”, as well as capitalism, and the “occupation” of Palestine.


Donald Trump's Path to Victory

Donald Trump’s RNC speech wasn’t “dark.” It wasn’t about “spreading fear.” It was simply the truth. And Hillary’s vision of America is pure fraud, fiction and fantasy.

This morning revealed the proof…and the wreckage.

Two more policeman shot, one killed (in San Diego). Donald’s version of America is correct — there is a war on police under Obama.


Trump's Response To Parents Of Killed Muslim Soldier: "Hillary Voted For The Iraq War, Not Me!"

With the media in full frenzy during the past three days over the public feud between the Pakistan-born Khizr Khan, who last week told the story of his son, a Muslim US army captain who received a Bronze Star and a Purple Heart after being killed in Iraq in 2004, and Donald Trump, earlier this morning the Republican presidential candidate refused to back down, defending his criticism of the parents by complaining on Twitter that the father "viciously attacked" him in his speech at the Democratic National Convention.
I was viciously attacked by Mr. Khan at the Democratic Convention. Am I not allowed to respond? Hillary voted for the Iraq war, not me!

He added that Khan, who was killed 12 years ago, "was a hero" but that "this is about RADICAL ISLAMIC TERROR and the weakness of our "leaders" to eradicate it.

Captain Khan, killed 12 years ago, was a hero, but this is about RADICAL ISLAMIC TERROR and the weakness of our "leaders" to eradicate it!
There has been much back and forth between the two parties, with Khan most recently questioning whether Trump had ever read the Constitution and saying "you have sacrificed nothing." As AP notes, this was the latest bitter rhetorical volley between the defiant Republican candidate and the family of the fallen soldier. A quick recap of the key highlights for those who have not watched TV in the last three days.

America's Aging Baby Boomers, Forced To Work Until Death, Blamed For Collapsing US Productivity

The graying of America's workforce will come as no surprise to regular readers. Just earlier this month, we wrote that in a little noticed aspect of the "stellar" June jobs report, the vast majority - or 90% of all new jobs - went to workers 55 and older.
Hardly an outlier, this was the latest confirmation of a very troubling trend: all jobs created since the recession started in December 2007 have gone to workers 55 and older.


Petition to Remove Air Conditioning From State Dept. Gets over 33k Signatures is hosting an online petition calling for the removal of air conditioning from U.S. State Department property, following Secretary of State John Kerry’s comments that climate change is as dangerous, if not more, than threats from ISIS.

As of the time of this publication 33,576 supporters have signed the petition, which according to the site, will be delivered to President Barack Obama.

The petition reads:

WHEREAS, Secretary of State John F. Kerry has suggested that air conditioners are as big a threat as ISIS, and

WHEREAS, it is the duty of our elected and appointed government officials to lead by example,

THEREFORE, we call upon the U.S. Department of State to remove air conditioning from all property that the Department owns, rents, or otherwise employs, including but not limited to embassies, consulates, office buildings, etc., all vehicles owned and/or operated by the Department, and any other property, real or movable, owned, rented, or otherwise employed by the Department.

You can view the petition by clicking here.


Americans ‘facing $1 trillion tax hike’ with Clinton

'But there are even more proposals not included in the tally'

There’s been talk about what a Hillary Clinton presidency would cost the United States: more loss of religious rights as she pursues Barack Obama’s “gay” agenda, a loss of gun rights, a diminution of military might, the incalculable toll of appointing Supreme Court justices who want the law to reflect their own ideologies rather than the Constitution.

But here’s something that’s certainly a little more defined.

$1 trillion.

Or probably more, in massive tax hikes she’s proposing.

It amounts to a bump of $3,100 per taxpayer.

At least.

The report comes from Americans for Tax Reform.

It says Clinton is suggesting a $350 billion hike in income taxes by limiting the itemized deductions for families, a $275 billion hike through “undefined business tax reform and a $400 billion “fairness” tax hike.

Hillary for prosecution, not president! Join the sizzling campaign to put Mrs. Clinton where she really belongs

Described by Democrats as “restoring basic fairness to our tax code,” it would include a “fair share surcharge,” the report said.

“Hillary Clinton has made clear she intends to dramatically raise taxes on the American people if elected. She has proposed an income tax increase, a business tax increase, a death tax increase, a capital gains tax increase, a tax on stock trading, an ‘Exit Tax’ and more. … Her planned net tax increase on the American people is at least $1 trillion over 10 years, based on her campaign’s own figures.”


Worcester County Sheriff's Office Press Release 8-1-16 (Fatal MVC)

On July 31, 2016 at 9:35 am the Worcester County 911 center received a call about a motor vehicle crash on Blueberry Road near Morris Road in Whaleyville, MD. The caller reported a vehicle on its side in an irrigation ditch. Showell Fire & EMS along with Deputies from the Worcester County Sheriff’s Office responded and located a 1995 Chevrolet Van with the operator trapped beneath the vehicle. The operator was determined to be deceased and was later identified as Todd Russell Mariner, 49 years old from Salisbury Md.

The preliminary investigation revealed that the vehicle left the roadway and stopped along the edge of an irrigation ditch. As the operator attempted to exit the vehicle, the shift of weight caused the vehicle to roll on top of him. Alcohol is believed to have played a factor in the crash. If you have any information about the crash contact Cpl. Larmore of the Worcester County Sheriff’s Office Reconstruction Unit at 410-632-1111

Robocall ruling reversal sought by advocacy groups

A coalition of consumer and privacy groups petitioned to reverse a ruling that the federal government and its contractors have immunity from fines related to robocalls.

The National Consumer Law Center, the Electronic Privacy Information Center, the Consumer Federation of America and U.S. PIRG are among dozens of advocacy groups seeking to reverse the July 5 ruling by the Federal Communications Commission.

Broadnet Teleservices, the National Employment Network Association and RTI International prompted the ruling by seeking clarification about whether the federal law governing robocalls applies to federal contractors.

“If the commission does not reconsider and change its ruling in this proceeding, tens of millions of Americans will find their cell phones flooded with unwanted robocalls from federal means of stopping these calls and no remedies to enforce their requests to stop these calls,” the National Consumer Law Center argued in the petition.


Reuters/Ipsos Radically Changes Methodology to Favor Clinton

The Reuters/Ipsos polling team announced Friday that they are dropping the “Neither” option from their presidential preference polls after their tracking polls showed a 17-point swing in favor of the Republican nominee Donald J. Trump, exposing the “Secret Trump Voters” Democrats fear.

“In a presidential campaign notable for its negativity, the option of ‘Neither’ candidate appears to be an appealing alternative, at least to participants in the Reuters/Ipsos opinion poll,” wrote Maurice Tamman, the leader of the Reuters news service’s New York City-based data mining and investigative reporting team. “Many voters on both sides have been ambivalent in their support for Democratic nominee Hillary Clinton and Republican nominee Donald Trump, complicating the task of the pollsters trying to track the race.”

Breitbart News noted the 17-point swing for Trump, which seems to have set off alarm bells at Reuters.

Mamman wrote that in the “Year of Neither,” the swing came from an underreporting of Trump support before the Republican National Convention held in Cleveland July 18 to July 21.

Reuters has a reputation for accurate polling, so it is significant that Mamman made this decision as the presidential campaign enters its last 100 days with both conventions adjourned.

“In the nearly five years Reuters/Ipsos has been offering the ‘Neither/Other’ option to respondents in presidential polling, it has never yielded such a skew,” he wrote. “The results highlight how poll designs and methodologies can yield significantly differing results, and how important differences can emerge from the way a question is framed.”


Skydiver becomes first person to jump and land without chute

After leaping from an airplane, Luke Aikins rocketed toward earth for two minutes, and then calmly flipped onto his back at the last second and landed in a 100-by-100-foot net inCalifornia.

Cheers rose from those who gathered at the Big Sky movie ranch on the outskirts of Simi Valley to watch the stunt, including his family.

The 42-year-old skydiver with more than 18,000 jumps made history as the first person to survive a leap without a parachute and land safely in a net.

As the audience erupted, Aikins quickly climbed out, walked over and hugged his wife, Monica, who had been watching from the ground with their 4-year-old son, Logan, and other family members.

"I'm almost levitating. It's incredible," the jubilant skydiver said, raising his hands over his head as his wife held their son, who dozed in her arms.

"This thing just happened! I can't even get the words out of my mouth," he added as he thanked the dozens of crew members who spent two years helping him prepare for the jump, including those who assembled the fishing trawler-like net and made sure it really worked.


You thought Jeb Was Low Energy?

For months Donald Trump has bestowed the “Crooked Hillary” moniker upon the Democratic Presidential candidate with what appear to be very damaging results to her credibility and honesty.

Always one to entertain, and often without a script, Trump has a couple of new nicknames he recently threw into the mix.

First, knowing how effective the label was when applied to Jeb! Bush, Trump referred to Hillary as not just “low energy,” but noted that she is a “napper” who simply doesn’t have the ability to deal with the nation’s pressing issues:

“She’s low energy. She actually is low energy,” Mr. Trump said at a Monday afternoon campaign stop in Roanoke, Va. “She’ll go home, she’ll take a nap for four or five hours and then she’ll come back. No naps for Trump! I don’t nap. We don’t have time. We don’t have time.”

It’s not the first time Mr. Trump, 70 years old, has accused Mrs. Clinton, 68 years old, of not maintaining what he believes to be sufficient stamina. In December he told Fox News that Mrs. Clinton “goes to sleep” on the campaign trail.

Source: WSJ


How much did the Clinton Foundation really get?

IRS investigators should dig into the millions of dollars of unresolved reporting disparities on exactly how much money Australian government agencies shoveled into the Clinton Foundation, Republican Rep. Marsha Blackburn of Tennessee tells The Daily Caller News Foundation.

Clinton Foundation listings include contributions from the Commonwealth of Australia and the Australian Agency for International Development in a range between totals of $20 million and $50 million. The foundation does not provide the date of the contributions.

Even with the highest number — $50 million — in the range, however, there is a disparity of as much as $39 million with reports from the Australian government. Using the foundation’s lowest number of $20 million, the disparity could be as much as $68 million.


Atlas, The Next Generation

Freddie Gray Legal Decision Makes Waves at DNC

Major Storm Damage In West Ocean City ;-)

Remember my post from earlier this morning? Well, the storm came through and ripped off the ONE elephant ear I was so proud of. Thankfully there are a few more on that same plant. Easy come, easy go. Bummer!

Clinton Foundation Under Serious Criminal Investigation By IRS

Dozens Of Lawmakers Demanded Fraud Investigation..And They Got It.

IRS officials are investigating the Clinton Foundation for alleged fraud after dozens of lawmakers asked the tax agency to open an inquiry.

Emails from Hillary Clinton’s private email server showed that donors to the Clinton Foundation may have received special access to the State Department while Clinton led the department. –WashingtonExaminer
The Clinton Foundation Is Crumbling

The IRS confirmed in a letter it is looking into claims of “pay-to-play” practices at the Clinton Foundation, after dozens of Republican lawmakers requested a review of potential “criminal conduct” at the organization founded by the family at the center of this week’s Democratic National Convention.

Commissioner John Koskinen wrote in a July 22 letter to Republican Rep. Marsha Blackburn that the issue has been “forwarded” to the IRS “Exempt Organizations Examinations” program in Dallas. – FOX
The Clinton Foundation Is Caught In The IRS’ Cross Hairs

IRS Commissioner John Koskinen referred congressional charges of corrupt Clinton Foundation “pay-to-play” activities to his tax agency’s exempt operations office for investigation, The Daily Caller News Foundation has learned.

The request to investigate the Bill, Hillary and Chelsea Clinton Foundation on charges of “public corruption” was made in a July 15 letter by 64 House Republicans to the IRS, FBI and Federal Trade Commission (FTC). They charged the foundation is “lawless.”

The initiative is being led by Rep. Marsha Blackburn, a Tennessee Republican who serves as the vice chairwoman of the House Committee on Energy and Commerce, which oversees FTC. The FTC regulates public charities alongside the IRS.

The lawmakers charged the Clinton Foundation is a “lawless ‘pay-to-play’ enterprise that has been operating under a cloak of philanthropy for years and should be investigated.”

Koskinen’s July 22 reply came only a week after the House Republicans contacted the tax agency. It arrived to their offices Monday, the first opening day of the Democratic National Convention in Philadelphia.

“We have forwarded the information you have submitted to our Exempt Organizations Program in Dallas,”Koskinen told the Republicans.



I have never seen it rain this hard, this fast in Ocean City. Winds are gusting over 40 mph and the rain is coming down like crazy. Expect severe flooding as we've heard 3" of rain has already fallen. 

Satanists Plan To Infiltrate Elementary Schools Across The Country With New Satan Club

The Satantic Temple of Utah plans to unveil a new after school program Monday designed for the nation’s elementary-age children, according to the Salt Lake Tribune.

The group plans to petition schools so its curriculum can be part of official clubs as early as this fall. The Satanists are targeting Utah, New York, Massachusetts, Arizona, Minnesota, Louisiana and Florida to include the curriculum.

“It’s critical that children understand that there are multiple perspectives on all issues, and that they have a choice in how they think,” the Temple’s co-founder Doug Mesner told the Tribune.

Mesner told reporters the group doesn’t actually promote devil worship, instead it eschews any sort of belief in a supernatural being, supporting “scientific rationality” instead. The planned curriculum includes “healthful snacks,” “creative learning activities,” “a science lesson” and “an art project.”


Press Release for CERT (Community Emergency Response Training)

Trump: Clinton and DNC 'Trying to Rig the Debates'

Republican nominee Donald Trump is alleging that the Democratic Party is attempting to schedule general election debates that conflict with “major NFL games.”

As usual, Hillary & the Dems are trying to rig the debates so 2 are up against major NFL games. Same as last time w/ Bernie. Unacceptable!
During the primaries, Hillary Clinton’s campaign and the Democratic National Convention under former chairwoman Debbie Wasserman Schultz’s watch were criticized for trying to schedule debates during other primetime television events to help shelter Clinton.
“Top Democrats think it’s no accident the Democratic National Committee scheduled the debate on the night of the big game in Iowa, at a time when fewer voters nationwide will see it. They see collusion between DNC chairwoman Debbie Wasserman Schultz and Hillary Clinton’s campaign to insulate the Democratic front-runner from the potential challenges and embarrassments of a vibrant debate in front of a healthy audience,” reported theNational Review ahead of the Iowa caucuses.

Two months later, The Boston Globe also noted the Democratic primary debate schedule continuing to conflict with busy television nights, including NFL playoffs.

University of Houston Responds To SBYNews Post

The University of Houston is releasing the following statement in regard to media reports about actions taken by the UH Student Government Association against its vice president for comments made on social media.

University of Houston Statement on SGA VP Suspension

The University of Houston has become aware that the Student Government Association (SGA) has suspended its vice president, Ms. Rohini Sethi, from participating in SGA activities. Actions by SGA, a registered student organization subject to its own governance, are not University actions and do not affect the academic standing of a student at the University of Houston. The University of Houston continues to stand firm in support of free speech and does not discipline students for exercising their Constitutional rights.

Cop 'Engaged' In Traffic Stop Leads To Life Sentence

Heavy Rainfall In Georgetown Area

A friend is heading down Rt. 113 doing 20 mph and can only see three stripes in the roadway. This has been going on for 20 minutes. Be prepared.

Hedge-Fund Handouts: Hillary Clinton $48,500,000 - $19,000 Donald Trump

The lines around what constitutes a hedge fund aren’t always clear in the data, or in the financial industry. But the numbers are stark. The top five contributors to pro-Clinton groups are employees or owners of private investment funds, according to federal data released last week and compiled by, the center’s website. The data show seven financial firms alone have generated nearly $48.5 million for groups working on Mrs. Clinton’s behalf.

The total for Donald Trump: About $19,000.
Hedge funds are playing a far bigger role in 2016 than in past elections - and, as The Wall Street Journal reports, Hillary Clinton has been the single biggest beneficiary.


Nascar Race Under Caution Due To FOG

Live feed of the race is available HERE

Kamenetz On DNC & Run For Governor

Just back from the Democratic National Convention in Philadelphia, Baltimore County Executive Kevin Kamenetz says he is considering running for governor in two years.

Kamenetz told Maryland's News This Week that he used the convention week to make contacts with supporters and potential donors.

Kamenetz attended his third political convention, with the first being in 1992, when Bill Clinton won the nomination.

Kamenetz says like that convention, the convention in Philadelphia was historic for nominating Hillary Clinton.


Five Mistakes Cost Marilyn Mosby The Freddie Gray Case

More than a year after the death of Freddie Gray and the ensuing riots, all six charged Baltimore police officers walked free and the attorney who prosecuted them faces a mountain of lawsuits, possible disbarment and calls for her resignation.

While the lawsuits face a tough battle and the disbarment is unlikely, Baltimore State’s Attorney Marilyn Mosby did make a series of mistakes in the trial that cost her. Here are five of Mosby’s biggest missteps.

1. Overzealous Charges

When Mosby announced charges against the officers, the legal community largely felt she overstepped. While the death certainly warranted prosecution, she hit all six officers involved with a slew of charges including involuntary manslaughter, assault and depraved-heart murder. These charges came just one day after the police department gave her its investigation. The Baltimore police union quickly accused her of rushing to judgement.


100,000 anti-ISIS Muslims expected at DC rally; then THIS happened

Time to hand out “participation trophies.”

Muslim groups nationwide organized a rally at the National Mall in Washington D.C. on July 23rd. Over 100,000 were expected to attend for Muslims against ISIS (thought according to Al Jazeera, the rally also had anti-Trump elements).

In advance of the rally, Al Jazeera reported that: A group of American Muslims, joined by interfaith leaders, have launched an initiative to get thousands of Americans to take part in a march in Washington DC on July 23, in what they call a stand against bigotry, “extremism”, and gun violence.


Police: Clinton Supporter Lights Flag On Fire, Attacks Trump Supporter

PITTSBURGH (KDKA) — Police say that a Clinton supporter lit a flag on fire near a group of Trump supporters and attacked a man near the Clinton-Kaine event downtown Saturday afternoon.

The incident happened at the intersection of 10th Street and Penn Avenue around 4 p.m.

According to a criminal complaint, police were told Joshua Sturman was in the area to support Hillary Clinton, who spoke at a rally at the David L. Lawrence Convention Center later that afternoon. A group of Trump supporters had gathered on the opposing sidewalk in what police say was a peaceful assembly.

Sturman crossed the street and walked into the middle of the group of Trump supporters. The criminal complaint says the members of the group were standing close to one another, shoulder-to-shoulder. The complaint says Sturman then pulled out a flag and began to light it on fire.


Hillary Clinton: Part socialist, part crony capitalist

Authors say free market elements play a role now

Is Hillary Clinton a socialist? Lou Dobbs seems to think so. During the Fox Business Network’s Thursday night coverage of the Democratic National Convention, the popular host remarked Clinton’s acceptance speech gave off socialist vibes.

“From that little girl to now, somehow along the way she became as close to a socialist as I could ever possibly imagined,” Dobbs said. “I gotta believe there are CEOs and shareholders by the millions across the country who are wondering, ‘Oh my gosh, they’re going after my company!'”

But William Murray, chairman of the Religious Freedom Coalition, sees the Democratic nominee as more of a hybrid.

“What I hear in Hillary is a central planner, which is socialist in nature but also appeals to crony capitalists,” Murray told WND.

Murray, who chronicled the history of central planning in his book “Utopian Road to Hell: Enslaving America and the World with Central Planning,” asserted big corporations have nothing to fear from a Hillary presidency, but small businesses will get crushed by her.

“She is a socialist, yes, but she’s also a crony capitalist,” he said. “She will help Wall Street, she will help the big defense contractors, and she will do this all at the expense of real competition and the little man. If we take a look at China, we take a look at the big socialist countries in Europe like France, they utilize the big corporations in order to achieve their socialist agenda.”

Schweizer: Clinton Foundation Has Large Donors With 'Histories of Corruption,' No Reason To Donate Other Than Buying Influence

Saturday, on the Fox News Channel’s “Fox & Friends,” Breitbart editor at large Peter Schweizer, executive producer of the documentary based on his bestselling book “Clinton Cash,” stated that the Clinton Foundation’s large overseas donors “have histories of corruption, or being involved in bribery scandals.”

Schweizer said that there’s no reason for an authoritarian government to give to the Clinton Foundation other than buying influence, and that the large overseas donors to the foundation “have histories of corruption, or being involved in bribery scandals.” He added, “Just because it’s a charity doesn’t mean that it’s not important or not interesting. It constitutes bribery every bit as much as if somebody’s putting money in somebody’s pocket for a benefit.”

Schweizer also said the Clintons haven’t disclosed 1,100 foreign contributions to the Clinton Foundation.


NY Post: Why Didn't the Democrats Even Mention the Clinton Foundation?

In all the Democratic convention speeches seeking to “humanize” Hillary Clinton, something went curiously missing: her work with the family charity.

You’d think Hillary, Bill and Chelsea would want to use the national stage to tout how their family’s $2 billion foundation is “helping improve the lives of millions of people across the world,” as it boasts.

You’d think we would’ve heard from some of the beneficiaries of the “partnerships between businesses, NGOs, governments and individuals” finding “solutions that last.”

But not a word that we can recall. No speeches, no videos, no personal testimonials — nothing.

The silence is hardly mystifying — for the Clinton Foundation carries heavy baggage.

Starting with the FBI’s investigation into whether any “intersection” between the foundation and the work of Secretary of State Clinton violated anti-corruption laws.

Like her role in handing Russia exclusive mining rights to 20 percent of US uranium reserves via a company that donated millions to the foundation. (You thought Donald Trump was Vladimir Putin’s best friend?)

Read the rest of the story here:

Paris Cardinal: Islamists Worship a ‘God of Death’

Mincing no words, French Cardinal André Vingt-Trois told the Christian faithful this week that jihadists “wrap themselves in the trappings of religion” while announcing a “God of death,” whom the prelate compared to the ancient pagan god “Moloch”—who demanded live human sacrifices as a tribute.

The Cardinal, who serves as archbishop of Paris, pronounced these words during the homilyat a memorial Mass Wednesday celebrated for the martyred priest Father Jacques Hamel, whose throat two Islamic radicals slit during morning Mass this past Tuesday.

The comparison between the “Allah” of the Islamists and the heinous “Moloch” of ancient pagan peoples is especially severe, given that Christians have generally understood Muslims to be an Abrahamic religion, and a “people of the book.” Moloch, on the contrary, was a vicious god who demanded infant sacrifices, often identified with the Carthaginian god Baal.


Maryland man charged with witness intimidation

CUMBERLAND — A Cumberland man accused of taking pictures of witnesses during a circuit court trial and posting them online in an attempt to locate and intimidate them was arrested Friday by C3I and the Allegany County Sheriff's Office.

Myren Allan Battle, 31, was charged with two counts of intimidating a witness and six counts of obstruction of justice. He was arrested at circuit court.

Investigators say Battle attended the trial this week on behalf an acquaintance who was standing trial. The photographs were posted to social media sites.

A district court commissioner set Battle's bond at $6,500. He was jailed Friday afternoon in the Allegany County Detention Center, pending his next court appearance.


US Government Entitlements - The Sixth Biggest Economy On Earth

Because the main street economy is failing, the nation’s entitlement rolls have exploded. About 110 million citizens now receive some form of means tested benefits. When social security is included, more than 160 million citizens get checks from Washington.

The total cost is now $3 trillion per year and rising rapidly. America’s entitlements sector, in fact, is the sixth biggest economy in the world.

Yet in a society that is rapidly aging to the tune of 10,000 baby boom retirees per day, this 50% dependency ratio is not even remotely sustainable. As we show in a later chapter, social security itself will be bankrupt within 10 years.

Still, there is another even more important aspect of the mainstream narrative’s absolute radio silence about the monumental entitlements problem. Like in the case of the nation’s 30-year LBO, the transfer payments crisis is obfuscated by the economic blind spots of our Keynesian central banking regime.

Greenspan, Bernanke, Yellen and their posse of paint-by-the-numbers economic plumbers have deified the great aggregates of consumer, business and government spending as the motor force of economic life. As more fully deconstructed below, however, this boils down to a primitive notion of bathtub economics.

In this bogus economic model, it is assumed that the supply-side of the economy is always fully endowed or even over-provided. By contrast, the perennial problem is purportedly a shortfall of an ether called “aggregate demand”.

So the job of the central bank is to pump reserves and credit into the macroeconomy until the resulting incremental spending by households, business and government has caused “full employment GDP” to be filled to the brim. In effect, spending derived from current production and income is supplemented with proceeds extracted from increasingly indebted balance sheets.

Needless to say, this amounts to borrowing from future production and income, but it does boost the current period GDP so long as there is still runway available on household and business balance sheets. Yet what we call the Keynesian parlor trick—-goosing current economic output by leveraging-up balance sheets—–self-evidently doesn’t work in an economy that is at Peak Debt, as we document in the next section.


Angel Moms: Speaker Ryan Left Them ‘In the Dust’

House Speaker Paul Ryan’s challenger for his seat in the U.S. House of Representatives Paul Nehlen said Thursday on Fox Business Network’s “Lou Dobbs Tonight” that the “Angel Moms” tried to present Ryan with a letter outside of his mansion only to for him to be whisked away, leaving them in the dust.

"‘Speaker Ryan, if you cared as much about our families as you care about your donors, our kids might still be alive...”

Before the interview, Nehlen’s ad featuring American mothers who have lost their children as a result of illegal alien crime aired.

Partial transcript as follows:

Koch brothers network rules out anti-Clinton ads

The powerful political network helmed by Charles and David Koch is ruling out running advertisements intended to hurt Hillary Clinton, another sign of their insistence on avoiding the presidential race.

The Koch network has previously said they will not back Republican candidate Donald Trump, but on Saturday officials told reporters that they would not run negative Clinton spots, a position taken by some Republican groups that are uneasy with the controversial GOP standard-bearer.

The group is laser-focused on maintaining and expanding the Senate majority -- in the midst of a $42 million television advertising campaign focused on a half-dozen states -- and would only use Clinton to bash Senate Democratic hopefuls.

"Our perspective is the same: We're focused on the Senate," Mark Holden, a top Koch network official, told reporters. "We have no intention to go after Donald Trump."

The Kochs are effectively indifferent between Trump and Clinton.

More here

Hillary Lead Over Trump Surges After Reuters "Tweaks" Poll

Over the past week, there was a troubling development for the establishment: Trump was soaring in the polls. In fact, in the widely watched, Reuters/IPSOS poll, for the first time Trump had taken an inexcusable 1 point lead following the Republican National convention.

So, as we reported last night, something had to be done. And something was done: Reuters “tweaked” its polling methodology.

As Reuters explained, “in a presidential campaign notable for its negativity, the option of “Neither” candidate appears to be an appealing alternative, at least to participants in the Reuters/Ipsos opinion poll. Many voters on both sides have been ambivalent in their support for Democratic nominee Hillary Clinton and Republican nominee Donald Trump, complicating the task of the pollsters trying to track the race. That sentiment may help explain an apparent skew that recently emerged in the Reuters/Ipsos poll results. Given the choice, a relatively large group of voters opted for “Neither/Other” candidate compared with other major polls, leading to an underreporting of several percentage points for one or other of the two major contenders at times in the race.”


Clinton fact-checked on 'truthful' claim in email scandal

Hillary Clinton is getting hammered for saying on “Fox News Sunday” that FBI Director James Comey confirmed her statements on her email scandal were “truthful” – with one prominent fact-checker giving the claim four “Pinocchios.”

The former secretary of state cited Comey when asked to account for her repeated claims that she never sent or received material marked classified on her personal email account. When host Chris Wallace noted that Comey said those things were not true, Clinton disagreed.

“That's not what I heard Director Comey say … Director Comey said that my answers were truthful and what I've said is consistent with what I have told the American people, that there were decisions discussed and made to classify retroactively certain of the emails,” she said.

The Washington Post Fact Checker picked apart that statement, ultimately giving it four “Pinocchios,” its worst rating for truthfulness.


Troopers Investigating DUI Nearly Hit By 2nd DUI Suspect

BALTIMORE (WJZ) — Troopers directing traffic around the scene of a crash involving a suspected drunk driver in Wicomico County early Friday escaped with their lives when another suspected drunk driver slammed into one of their vehicles, authorities said.

Troopers were detouring westbound traffic on Route 50 near Walston Switch Road in Parsonsburg after a Chevrolet driven by a 26-year-old man, who was believed to be intoxicated, left the road and crashed into a tree about 2 a.m., Maryland State Police spokesperson Elena Russo toldWJZ in a phone interview.

About an hour later, while a tow truck was hauling the Chevrolet up an embankment, troopers were able to jump out of the way as a Ford Fusion driven by a 25-year-old man slammed into the back of a trooper’s Ford Explorer, Russo said.