Wednesday, April 29, 2015
Tuesday, April 28, 2015
Monday, April 27, 2015
Sunday, April 26, 2015
Saturday, April 25, 2015
What! You mean to tell me you don’t use Dial or Zest to get clean?
You use HANDMADE SOAP?????
But how will you get your daily dose of cancer-causing parabens? Your hormone-disrupting substances?
The government is VERY concerned about this. VERY.
So much so that they wish to regulate and charge artisanal soapmakers right out of business, much like those pesky housewives who were audaciously sewing cloth sanitary napkins without the oversight of the FDA. Those darned nuns and their natural soaps can expect to pay whopping fees if they want to continue producing these non-carcinogenic monstrosities.
Senator Dianne Feinstein (D-California) and Senator Susan Collins (R-Maine)
This act will create requirements for fees, licenses, and inspections that will make it impossible for small businesses to continue running. Cottage industries will, quite simply, be regulated right out of business. While the economy crashes, these senators and their idiotic bills will take away any possibility of self-employment.
Posted by Chief Nose Wetter at 4:43 PM
Friday, April 24, 2015
There is nothing the banks would love more than to ban paper currency, though not for the same reason most gold bugs might like to do the same. If there were no cash, then the banks would have absolute control over our savings, and we would all have to keep our money “in the system.” Governments would probably enjoy this as well. It would make it so much easier for them to track our purchases and profits, and tax them accordingly.
The desires of the banking cartel became perfectly clear two weeks ago when Willem Buiter, the chief economist for Citigroup, advocated banning cash to supposedly save the global economy.
The world’s central banks have a problem.
When economic conditions worsen, they react by reducing interest rates in order to stimulate the economy. But, as has happened across the world in recent years, there comes a point where those central banks run out of room to cut — they can bring interest rates to zero, but reducing them further below that is fraught with problems, the biggest of which is cash in the economy.
In a new piece, Citi’s Willem Buiter looks at this problem, which is known as the effective lower bound (ELB) on nominal interest rates.
Fundamentally, the ELB problem comes down to cash. According to Buiter, the ELB only exists at all due to the existence of cash, which is a bearer instrument that pays zero nominal rates. Why have your money on deposit at a negative rate that reduces your wealth when you can have it in cash and suffer no reduction?
Cash therefore gives people an easy and effective way of avoiding negative nominal rates.
Posted by Chief Nose Wetter at 9:33 PM
Thursday, April 23, 2015
Posted by Chief Nose Wetter at 8:06 PM
Wednesday, April 22, 2015
Tuesday, April 21, 2015
Monday, April 20, 2015
Sunday, April 19, 2015
Saturday, April 18, 2015
A guy sends a text to his next-door neighbor.
"Bob, I'm sorry. I've been riddled with guilt and I have to confess. I have been helping myself to your wife when your not around, probably more than you. I know it's no excuse but I don't get it at home. I can't live with the quilt any longer. I hope you'll accept my sincerest apology. It won't happen again."
Feeling outraged and betrayed, Bob grabs his gun, goes into the bedroom, and without a word, shoots his wife.
Moments later the guy gets a second text. "Really should use spell check! That should be wifi."
Posted by Chief Nose Wetter at 12:07 PM