Larwyn’s Linx: Everyone Agrees: This Term Stinks

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Nation

Everyone Agrees: This Term Stinks: Tony Katz
GOP: We Have Questions About This ObamaCare Employer Mandate Delay: Ace
Drawing the Battle Lines: Erick Erickson

Kill the Bill: Kristol, Lowry
Levin slams ‘insider threat program’, calls it totalitarian, police-state: Scoop
Finally, Silda takes a stand and sits this out: Andrea Peyser, Post

Rand Paul, the Southern Avenger: Commentary
FBI Is a No-Show at Boston Bombing Hearings: NatlJrnl
Smoke ‘em if you got ‘em: Moe Lane

Economy

The Obamacare Exchange Singularity: John Hayward
Teh Krugman just used the dreaded D-word, albeit with only a lower case “d”: Ace
NY School Dumps Michelle Obama Food Plan As Kids Complain of Hunger: JWF

Dodd-Frank Expected to Strain Community Banking: PJM
The Golden Backwardation Rabbit Hole Gets Deeper: ZH
Sorry, Agendized Academics: The Recession Began in June 2008: PJM

Scandal Central

DNI Clapper won’t resign over lying to Congress on NSA surveillance: WFB
IRS dumps up to 100,000 Social Security numbers on the Internet: John Hayward
White House Has Known For Months Obamacare Implementation Wouldn’t Work: Margot Sanger-Katz, NatlJrnl

Democrat scandal brewing in CA52 race: RS
Experts: Obama’s plan to predict future leakers unproven, unlikely to work: McClatchy
Obama Suspends the Law: WSJ

Climate & Energy

Good news! Your enormous carbon footprint is the only thing saving the world!: Protein Wisdom
Appliance Alert: Your Refrigerator May Be Watching You!: Tammy Bruce
Twitter user schools NYT columnist Nick Kristof on Lake Chad and ‘climate change’: Twitchy

Media

Wrong Side of the Street: Sultan Knish
The Drone Ranger: SHN
Free Hat Offer – 40 Days for Name Calling: Ushanka

Tolerance: Owens
5 Uncomfortable Truths About Liberals: John Hawkins
Creepy Jim Messina warns Republicans against possible Sarah Palin Senate run: Twitchy

Sanford Police Prepare for Zimmerman Riots: RWN
On The Elusive Details of Michael Hastings’ Death: ZH
How the Post Office sells your new address to anyone who pays: MinorityReport

World

Argentina blocks prosecutor from testifying on Iranian presence in South America: Fausta
Within A Decade Of The UK Banning And Confiscating Handguns, Crimes Involving Handguns Doubled: WZ
Egypt orders arrest of Muslim Brotherhood members as group rejects cabinet offer: Fox

Sci-Tech

Fire Island Erupts Over Verizon’s Post-Sandy Actions: NY AG Claims Verizon Violated Agreement: Bruce Kushnick
Largest building in the world opens in China – complete with indoor seaside: Guardian
Preparing For Possible Future Crypto Attacks: Robert Lemos, Dark Reading

Cornucopia

Spitzer to Run Against His Madam for New York Comptroller: Cube
Mama’s, don’t let your babies grow up to be narcissists.: MOTUS
Immaturity is the one constant: Sondrakistan

Image: America’s National Parks: Come for the trees, stay for the tyranny!
Sponsored by: Call Eric Cantor at 804-747-4073 and Paul Ryan at 202-225-3031; tell them NO AMNESTY!

QOTD: “Remember: Obama’s terror-coddling lawyers have dragged their feet on prosecuting suspected U.S.S. Cole bombing suspect and former Persian Gulf Operations Chief for al-Qaida Abd al-Rahim al-Nashiri, a Gitmo detainee since 2006.

Remember: As Obama and Attorney General Eric Holder spearhead renewed efforts to close Gitmo, intelligence officials report that 27.9 percent of the 599 former detainees released from Guantanamo were either confirmed or suspected of later engaging in jihadist attacks. That’s a 2.9 percent rise over the 25 percent aggregate recidivism rate reported in 2010.

Remember, as Fort Hood jihadist Nidal Hasan warned his military superiors: The soldiers of Allah “love death more (than) you love life.”

The enemy combatants at Gitmo are playing bleeding-heart Westerners for fools. Their eternal goal is the destruction and subjugation of infidels. Why do we continue to enable them? Let them starve.” –Michelle Malkin

Doug Ross @ Journal

Imminent: “I Don’t Think Obama is Going to Finish His Second Term Without the Bottom Dropping Out”

One year ago this month it was revealed that throughout the course of this crisis some 40% of all wealth in America had been vaporized. It was a stunning number to be sure, and one that many analysts predicted would reverse as the Bernanke/Obama recovery took hold. Now, a full year on, the news has not gotten any better. It’s gotten much, much worse. According to a new report, the average American household has lost 55% of their net worth since the onset of the recession in 2008.

Many are likely holding to the belief that our benevolent government politicians and financial leaders have taken the necessary steps to turn this economy around.

But they’d be wrong.

The next wave of crisis is imminent and the end result will be a total wipe out for Americans:

“I think we are heading for a worse economic crisis than we had in 2007,” [Peter] Schiff said. “You’re going to have a collapse in the dollar…a huge spike in interest rates… and our whole economy, which is built on the foundation of cheap money, is going to topple when you pull the rug out from under it.”

According to Schiff, these numbers are unsustainable.

And the Fed has no credible “exit strategy.”

Eventually interest rates will rise… and when they do, Schiff says, stocks will tank and bonds dip to nothing. Massive new tax hikes will be imposed and programs and entitlements will be cut to the bone.

“The crisis is imminent,” Schiff said. “I don’t think Obama is going to finish his second term without the bottom dropping out. And stock market investors are oblivious to the problems.”

“We’re broke, Schiff added.

“We owe trillions. Look at our budget deficit; look at the debt to GDP ratio, the unfunded liabilities. If we were in the Eurozone, they would kick us out.”

Schiff points out that the market gains experienced recently, with the Dow first topping 14,000 on its way to setting record highs, are giving investors a false sense of security.

“It’s not that the stock market is gaining value… it’s that our money is losing value. And so if you have a debased currency… a devalued currency, the price of everything goes up. Stocks are no exception,” he said.

“The Fed knows that the U.S. economy is not recovering,” he noted. “It simply is being kept from collapse by artificially low interest rates and quantitative easing. As that support goes, the economy will implode.

Via Money Morning

Peter Schiff knows a thing or two about what’s going on, and he’s been sounding the alarm since before 2008. He, like many others, understand that there is no way out.

There is no credible financial or economic exit strategy.

The government knows this and that’s why they are actively implementing an expansive control grid across this entire country.

Those with insider knowledge fully understand what’s coming and they have been war-gaming large scale economic collapse and the widespread civil unrest that will follow.

Make no mistake. The powers that be have an exit strategy – it just doesn’t involve recovery, stability or your well-being.

wall_street_obama


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You