Courtesy of The Lonely Libertarian:

Peter
The idle musings of a former military man, former computer geek, medically retired pastor and now full-time writer. Contents guaranteed to offend the politically correct and anal-retentive from time to time. My approach to life is that it should be taken with a large helping of laughter, and sufficient firepower to keep it tamed!
My hobbies are much what I do for a living and a few other things: reading, writing, historical re-enactments, forging blades, throwing myself out of aircraft, hiking, Karate, Kung Fu, shooting, archery, fine liquors, fine food, traveling and ranting at the political, social and moral state of the world.
Paralegals are not airborne lawyers.
The Ho Chi Minh Trail was not a Vietconga line.
A well hung jury is not composed of male gigolos.
There isn't a series about NSA called 'Game of Phones'.
As a legal immigrant who came here with a Visa, I want to know why illegals are getting American Express.
"Dad, they taught us in school that Che Guevara was a freedom fighter. Is that true?"
"Yes, he fought against freedom at every opportunity."
I support permissive laws to restrictive ones. Therefore, instead of a ban on texting while driving, I support a law allowing the injured party to shove your iPhone up your ass.
The Israeli martial art is Krav Maga, not Jew Jitsu. Nor is there a form for Japanese schoolgirls called Krav Manga.
The Israel Defense Force's battle cry is not "Torah! Torah! Torah!"
Police said a home intruder died at the Mount Carmel West after he was shot and killed by a homeowner.
Authorities said it happened on North Guilford Avenue in the Franklinton neighborhood.
Sgt. Dave Sicilian said the unidentified man broke into a back door, was chased by a person inside then jumped out of a second floor window, before crawling across the street and breaking into a second home.
. . .
The woman's son said he bought her a handgun last week for self-defense.
Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. They may be more likely to go to Heaven yet at the same time likelier to make a Hell of earth. This very kindness stings with intolerable insult. To be "cured" against one's will and cured of states which we may not regard as disease is to be put on a level of those who have not yet reached the age of reason or those who never will; to be classed with infants, imbeciles, and domestic animals.
There are reasons why Sunni nations like Turkey and Saudi Arabia and the Gulf states have not committed more openly and decisively to the war on ISIS, and instead prod the Americans to send their troops to eradicate the Islamic State.
To many Sunni nations, Assad and the Shia Crescent of Tehran, Baghdad, Damascus and Beirut are the greater threat. Indeed, until recently, as Joe Biden pointed out last October, the Turks, Saudis and United Arab Emirates were providing clandestine aid to ISIS.
. . .
Critics argue that after making his commitment to “degrade and defeat” the Islamic State, President Obama has provided neither a war strategy nor the military resources to carry it out. And they are right.
But this is just another case of the president drawing a red line he should never have drawn. While U.S. air power can hold back the advance of ISIS and “degrade,” i.e., contain, ISIS, the destruction of ISIS is going to require scores of thousands of troops.
Though the Iraqi army, Shia militias and Kurds may be able to provide those troops to retake Mosul, neither the Turks nor any other Arab nation has volunteered the troops to defeat ISIS in Syria.
And if the Turks and Sunni Arabs are unwilling to put boots on the ground in Syria, why should we? Why should America, half a world away, have to provide those troops rather than nations that are more immediately threatened and have armies near at hand?
Why is defeating 30,000 ISIS jihadists our job, and not theirs?
North of Syria, along 500 miles of border, sits a Turkish army of half a million with 3,000 tanks that could cross over and annihilate ISIS in a month. Former Secretary of State James Baker suggests that the U.S. offer air, logistics and intelligence support, if the Turks will go in and snuff out ISIS.
But not only have the Turks not done so, for a time they looked the other way as jihadists crossed their border to join ISIS.
If the Islamic State, as Ankara’s inaction testifies, is not viewed as a threat to Turkey’s vital interests, how can it be a threat to ours?
. . .
Everyone in the Middle East, it appears, wants the United States to fight their wars for them. But as they look out for their interests first, it is time we started looking out for ours first.
Foremost among those interests would be to avoid another $1 trillion war, with thousands of U.S. dead and tens of thousands of wounded, and a situation, after a decade of fighting, as exists today in Afghanistan and Iraq, where those we leave behind in power cannot hold their own against the enemies we defeated for them.
. . .
The Islamic State has plugged into the most powerful currents of the Middle East. It is anti-American, anti-Zionist, anti-West, Islamic and militantly Islamist. It promises to overthrow the old order of Sykes-Picot, to tear up the artificial borders the West imposed on the Arabs, and to produce a new unity, a new dispensation where the Quran is law and Allah rules and all Sunnis are united in one home whence all infidels—Jews, Shia, Christians—have been driven out. Hateful as it is, ISIS has a vision.
Hezbollah, Iran, Assad, the Houthi rebels, all Shiites, understand this.
They know they are in a fight to the death. And they fight.
But it is the Sunni Arabs, the royals on the Arabian Peninsula and the sheiks on the Gulf, to whom this should be a fire bell in the night.
For ISIS is out to dethrone these perceived royal puppets of a detested America and to reclaim rightful custody of Mecca and Medina.
I think the central bank-driven global boom of the last two decades is over. Perhaps it started in 1994 when the Greenspan Fed lost its nerve in the face of that little bond market hiccup and over on the other side of the Pacific, Mr. Deng said, you know, “To be rich is glorious,” and the great China construction and debt boom got underway.
We are now through that, we’re done with that. We’re in the crackup phase. And I think there are four big characteristics of that, which are going to basically shape the way the economy and the markets unfold as we go forward. I think you’re going to see increasing desperation and extreme central bank financial repression because they have gotten themselves painted so deep into the corner that they are lost, they are desperate. And so one, you know, almost week by week, we have another central bank – this week, it was Sweden – lowering their money market rates into negative territory. You know, obviously, the Swiss Bank is already there, Denmark’s Bank is there, the EC is there on the deposit rate, the Bank of Japan’s there. All of the central banks of the world now are desperately driving interest rates into negative territory. And I believe that they’re lost. They are in a race to the bottom whether they acknowledge it or not. You know, the central bank of China can’t sit still much longer when the RMB has appreciated something like 30% against the Japanese yet because of the massive bubble – or monetary expansion – that’s being created there.
So that’s the first thing going on. Central banks out of control in a race to the bottom, sliding by the seat of their pants, making up really incoherent theories as they go. Everybody’s talking about deflation and 2% inflation targets as being some magic elixir. There isn’t a shred of proof anywhere that economies grow better over time at 2% than .8%. It is just made up. So I think that’s the first thing.
The second thing is increasing market disorder and volatility. In the last three months, the stock market has behaved like a drunken sailor but it’s really just a bunch of robots and day traders that are trading chart points until somebody can figure out what is happening directionally in the world. They just keep trading it back to 2090, it bounces off, it takes a dive, they trade it back-up. It has nothing to do with information or incoming data about the real world. We have today the 10-year German bond trading at 29.5 basis points. Well, the German economy’s been reasonably strong, fueled by the Chinese boom. But that export boom is over. The Chinese economy is faltering. Germany is going to soon have its own problems. But clearly, 29 basis points on a 10-year is irrational, even in the case of Germany, to say nothing of the 160 available today on the 10-year for Spain and Italy. Both of those countries are in deep, deep fiscal decline. There is no obvious way for them to dig out of the debt trap that they’re in. It’s going to get worse over time. There’s huge risk in those bonds, especially because there’s no guarantee that the EU will remain intact or the euro will survive. Why in the world would anybody in their right mind be owning Italian debt at 160 other than the fact that they’re front running the massive purchases that Draghi has promised and now the Germans have acquiesced to over the next year or two.
But that only kicks the can down the road. One of these days, the central banks are going to falter and the market is going to reset violently to prices that reflect the true risk on all this sovereign debt and the pretty cloudy outlook that’s ahead for the world market.
We now have something like four trillion worth of sovereign debt spread over Japanese issues, the major European countries that are trading at negative yields. Obviously, that is one, irrational, and second, completely unsustainable. And yet, it’s another characteristic of what I call these disorderly markets.
Thirdly, mal-investment is now coming home to roost. It will be driving a huge deflation of commodity and industrial prices worldwide. You can see that in iron ore, now barely holding $60 from a peak of $200. Obviously, it’s the whole oil patch that we talked about. Look at the Baltic Dry Index. That is a measure, one, of faltering demand for shipments and two, massive overbuilding of bulk carrier capacity as a result of this central bank driven boom that we’ve had in the last 10 to 20 years.
So that is going to be ripping through the financial system, the global economy, in ways that we’ve never before experienced. And so therefore, in ways that are hard to predict what all the ramifications and cascading effects will be. But clearly, it’s something that we haven’t seen in modern times or ever before—the degree of over investment, excess capacity, and everything from iron ore mines to dry bulk carriers, aluminum plants, steel mills, and on down the line.
And then, finally, clearly, demand has run smack up against peak debt, and I think that’s the right word for it. We had a tremendous study come out in the last week or so from McKinsey, who do a pretty good job of trying to calculate and track and tote up the amount of credit outstanding, public and private, in the world. We’re now at the 200 trillion threshold. That’s up from only about 140 trillion at the time of the crisis. So we’ve had a 60 trillion expansion worldwide of debt just since 2008. During that same period, though, the GDP of the world saw a little more than 15 trillion from 55 or mid-50s, roughly, to 70 trillion.
So we’ve generated, because of central bank money printing and all of this unprecedented monetary stimulus, we’ve generated something like 60 trillion of new debt in the world and have barely gotten 15, 17 billion of new GDP for all of that effort. And I think that is a measure of why the fundamental era is changing. That the boom is over and the crackup is under way when you see that kind of minimal yield from the vast amount of new debt that has been generated.
Now I’d only wrap this up by calling attention to the fact that within that global total of 200 trillion, the numbers from China are even more startling. At the time of the crisis, let’s go back to 2000, China had two trillion of credit outstanding. It’s now 28 trillion. So we’ve had just massive 14X growth in 14 years. There’s nothing like that in recorded history nor is there any plausible reason to believe that an economy, which is basically under a command and control system that is run from the top down through the party cadres, could possibly create 26 trillion in new debt in that period of time without massive inefficiencies in waste and mistakes everywhere within the system, especially since they have no markets. They have no feedback mechanisms. It all comes cascading down from the top and everybody lies to the next party above them. And I think the system is irrationally out of control.
In any event, my point was that at the time of the 2008 crisis, China had allegedly – if you believe their numbers, which no one really should – but as reported, they had five trillion worth of GDP; it’s now ten trillion. So they’ve gained five of GDP. Their debt at the time of the crisis was seven trillion, now it’s 28. So the debt is up more than 20 trillion and the GDP is up five. These are extreme, unsustainable deformations, if I can use that word, that just scream out, “Danger ahead. Mayhem has happened.” And the unwinding of this and the resolution of this is not going to be pretty.
It is freezing, smelly, and you may be gone some time. Applicants to run the world’s most southerly post office have been warned about the harsh realities of the life they would endure in the Antarctic.
The successful candidates will spend five months on Goudier, an island “the size of a football pitch” just off the Antarctic peninsula, sorting the mail at Port Lockroy, a former British scientific base.
Port Lockroy base in 1962 (image courtesy of Wikipedia)
Jane Cooper, 37, from Gloucestershire, worked as postmistress the season before last and said it was the “opportunity of a lifetime”.
But there were downsides. “If you slice spam really thinly, fry it and close your eyes, you can just about convince yourself it is bacon,” she said. “There is a lot of wishful thinking involved.”
Port Lockroy, Base ‘A’, is a British historic base situated on the tiny Goudier Island off the Antarctic Peninsula. It was established in 1944 and operated as a British Research station until it closed in 1962. The abandoned base was designated a Historic Site and Monument under the Antarctic Treaty and in 1996 restored as a ‘living’ museum. It is visited each Austral summer by approximately 18,000 ship-borne visitors amounting to one to two ship visits per day. During the short summer period approximately 70,000 items of mail are cancelled by hand before input into the British postal system. Goudier Island is also home to 2,000 Gentoo penguins that nest all around the building and staff continue to monitor the colony’s breeding success.
. . .
Do you possess the following attributes?
As well as being passionate about the Antarctic. You need to be:
- Adaptability to different situations – Are you happy not to shower for up to a month, live in close proximity to three people and 2,000 smelly penguins for five months?
- Personable – do you value getting on with others? Can you live and work with just three others for five months and be friendly and cooperative throughout?
- Positive – can you enthuse to visitors when it is -5C° and blowing a blizzard as well as cook supper cheerfully after a long cold day and very little sleep?
The character of John Barleycorn in the song is a personification of the important cereal crop barley and of the alcoholic beverages made from it, beer and whisky. In the song, John Barleycorn is represented as suffering attacks, death and indignities that correspond to the various stages of barley cultivation, such as reaping and malting.
Zookeepers who purchased five baby rabbits from a local market say they are baffled as to why one of them prefers to walk around on its front legs.
The rabbits were actually purchased as food for some of the other inhabitants at the zoo in the city of Liuzhou in southern China’s Guangxi Zhuang Autonomous Region, including a giant python that only eats live food.
But after the rabbit with its bizarre trick of walking on its front legs ended up proving more popular than the other animals at the zoo, it was given a stay of execution.
. . .
Zoo spokesman Xiong Shao said: "We thought that perhaps the rabbit had damaged its back legs, but when it isn't walking on its hind legs the two back legs seemed to work perfectly. It doesn't seem to be in any pain so there is no reason for it to walk like this, it can't be easy. We are completely baffled as it was too young really to have been taught any tricks, and whoever heard of teaching rabbits to walk on their front legs?"
"I went into a Whole Foods and got to hear a woman arguing with a guy at the meat counter because she wanted grass fed organic chicken and he was desperately trying to explain to her that chickens don't eat grass."

CHAPEL HILL — Police charged a Chapel Hill man Wednesday with first-degree murder in the deaths of three Muslim students in a quiet neighborhood near Meadowmont, just south of N.C. 54.
That’s date stamped Tuesday the 10th, so it was no more than 6 hours after the first shots fired. Let that sink in for a minute. The “Christian Terrorist” (and that’s a direct quote of many, many tweets I saw) meme had gone around long enough that someone at PJ Media had looked up the guy’s Facebook page and found out that he was an atheist, and a militant one. And that rebuttal was posted no later than 12 hours after the shooting, and more likely only 9 hours. By the time I saw the #ChapelHillShooting hash tag on Twitter at 6:15 AM, there were thousands of “Why is the Western media hiding this terror attack on Muslims!” tweets. This, as a result of a spontaneous movement is frankly impossible. It cannot have happened that way at all. I’ve traced back tweets as far as I am able and have found “Western media Silent!” tweets at 1am Eastern. That basically can not have happened without some large group pushing the meme.
ADC demand full investigation into the motives behind the murder of 3 Arab/Muslim Americans in #ChapelHillShooting — ADC National (@adctweets) February 11, 2015
Incredible that major news networks have yet to talk about the #ChapelHillShooting. Absolutely shameful. This is how Islamophobia operates. — Sana Saeed (@SanaSaeed) February 11, 2015
3 muslim students killed. No media coverage. Thank you mainstream media. #ChapelHillShooting — Dima (@Dima09) February 11, 2015
The fact that the only info I am getting about the #ChapelHillshooting is via twitter showcases how permeating Islamophobia is in media. — King سميرة (@SamiraaSR) February 11, 2015
. . .
So it looks like right around 1AM on the 11th, about 8 hours after the first shots fired 911 call, the Twitter campaign takes off, pushing a narrative of “Islamophobia.”
By now, however, we all know that the shooter was not a “Christian Terrorist,” despite all the claims on Twitter.
. . .
Here’s what I see. This is a campaign to push the idea that Muslims are the victims of “Islamophobia” in the west and especially in America. I believe that this campaign is a direct response to the #IamCharlieHebdo hashtag. It’s a direct attack on the west, with the Muslims attempting to regain the mantle of “Victim” by attempting to portray everyone [as] racist and bigoted because the victims in this incident were Muslims.
We were played. And they did a fantastic job of it.