Wednesday, May 07, 2014

Larwyn's Linx: Obama Administration Still Withholding Documents about Benghazi Attack

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Nation

Obama Administration Still Withholding Documents about Benghazi Attack: JW
Gun Control: Mark Steyn
We now know where Obama was during Benghazi attack : Anthony Martin

Gallup: More Americans Were Insured Back In 2008: S&L
Kerry Now Says He Will Comply With Benghazi Subpoena: Blaze
Obama Advisor Taunts Congress: 'Nothing You Can Do To Stop Us.': GayPatriot

Time for Truth & Consequences on the Benghazi Cover Up: FPM
The Left’s Phantom Wars: Ben Shapiro
Lindsey Graham: Obama 'Virtually AWOL as a Commander-in-Chief': Breitbart

The Lying and Dying at the VA: Betsy McCaughey
Hillary Clinton Pushes Obamacare, Gun Control, Social Equality: NewsMax
Chicago Sports Record Shootings In Last 72 Hours: BuzzPo

Economy

Moral Bankruptcy: Thomas Sowell
No Fear: Mish
Own a small business? Brace for Obamacare pain: LVRJ

Scandal Central

Total Chaos: PA Democrats Walk Out of Hearing on Members Taking Bribes: PJM
Obama Has Political Operatives Working Inside The EPA Blocking Investigations: LoneCon
Koch Who?… Soros & Far Left Billionaires Form New Alliance to Hijack 2014 Election: GWP

Benghazi Email on' Video Protest' Talking Points Released; Most Redacted: PunditPress
Radical Democrat State Rep. Stacey Newman Thinks “Benghazi” is a Punch Line: MoTorch
Cantor: ‘IRS Should Not Be Used as a Tool to Affect Political Gain’: WFB

Climate & Energy

White House: No one can stop our War on Energy: John Hayward
Obama's EPA Has "Secret Police" Blocking Independent investigations: Lid
Climate Change Is Real. Too Bad Accurate Climate Models Aren't. : Federalist

Media

New Survey of 1,000 Journalists: Four Times More Identify as Democrats Than Republicans: NB
The Burying of a Scandal: TV News Hides the Facts on the IRS’s Targeting of Conservatives: MRC
Liberals Want To “Assassinate” Trey Gowdy After He’s Tapped To Lead Benghazi Select Committee: WZ

Meet the White, Male Leftists Who Kept a Black Woman from Speaking at Rutgers: PJM
Rutgers disinvites a second African-American commencement speaker: WyBlog
Lewinsky writes about affair with Bill Clinton: CNN

Gowdy rebuffs Pelosi: Select committee won't be evenly divided as ‘elections have consequences’: Scoop
Rep. @DarrellIssa Is A Phony: Camp o' the Saints
Vanity Fair revisits Bill Clinton’s ‘war on that woman’: David Freddoso

Employer-based Healthcare: By 2020, 90% of Large Company Workforce dumped into Obamacare: Mish
CBS' David Rhodes on 9/12/12: Government Believes Benghazi a Terror Attack: John Sexton
#bundyranch: Decency: WRSA

World

Russian Strategic Bombers Flying Along California Coast: Breitbart
Benghazi: Op Zero Footprint – US, Allies Freak Over Gaddafi Demand for Gold for Oil – End Is Near: MagNote
Massive Explosion in Qazvin, Iran: May Have Nuclear Origins... Roads Blocked Off for 2km: GWP

It’s Come to This: Obama Disappointed with the World: JWF
Boko Haram and the shame of the Left: Commentator
Boko Haram commits another mass abduction of girls in Nigeria.: Instapundit

Sci-Tech (courtesy BadBlue Tech News)

Warrantless Cellphone Searches: Are They Legal?: PJM
Previewing a new Classroom: Google
Game of Thrones Makes History With 200,000 Strong Torrent Swarm: TorrentFreak

Cornucopia

Breaing! Angry White Dude to buy Los Angeles Clippers!: AWD
Outrage Brigades Attack MSNBC, SNL: Jon Gabriel
Obamacare ‘Doomed’ Under Constitution’s Origination Clause: Hideout

Image: Kerry Now Says He Will Comply With Benghazi Subpoena
Today's Larwyn's Linx sponsored by: Matt Bevin for U.S. Senate

QOTD: "By suppressing bond yields The Fed has taken a means of faking growth and embedded the cost of that into every portfolio that includes long-dated loans such as mortgages and Treasuries. This cost will remain until those debt instruments mature or are prepaid, and there won't be as many prepayments (in the private sector) as usual since the instruments were issued during a time of intentionally-suppressed rates.

That cost accrues because the discounted price of the instrument is higher than it would otherwise be, and the yield lower. Whether that cost shows up in the form of capital depreciation or lower coupon doesn't matter; it cannot be evaded.

In effect what The Fed has done is provide a temporary "goose" to economic activity totaling several trillion dollars over the last four years but the price of that "goosing" has been distributed to, and embedded in, the portfolios of those who hold these instruments including the bonds held by Social Security and Medicare along with private pension concerns.

You didn't hear "QE" described this way, probably because there would have been an immediate call to indict, prosecute and imprison the entire FOMC for fraudulently manipulating economic reports and statistics were it to have been accurately described but mathematically it is this way.

I've been pointing this out since the beginning of "QE" -- but the fact is that nobody wants to talk about it in detail because as soon as you do you're forced by nothing more-complicated than basic Algebra to admit that all of these machinations are nothing other than a scam intended to mislead both business people and the general public, willfully and intentionally engaged in by Congress, The President and The Fed all acting together." --Karl Denninger

1 comment:

  1. Anonymous8:02 PM

    I know where obama was a week later.. check this out http://youtu.be/Pdxlo_Jyq7g

    ReplyDelete