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    Droshki

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    In 2009, shortly after the blog was founded, news reports identified Daniel Ivandjiiski, a Bulgarian-born former hedge-fund analyst who was barred from the industry for insider trading by FINRA in 2008, as the founder of the site, and reported that "Durden" was a pseudonym for Ivandjiiski.[9][10][11][1] Still in 2009, Zero Hedge was criticized for piecing together a conspiracy theory regarding alleged market manipulation by Goldman Sachs.[9] One contributor, who spoke to New York magazine after an interview was arranged by Ivandjiiski, said that "up to 40" people were permitted to post under the "Durden" name.[9] The website is registered in Bulgaria at the same address as that of Strogo Sekretno, a site run by Ivandjiiski's father, Krassimir Ivandjiiski.[12] Zero Hedge is registered under the name Georgi Georgiev, a business partner of Krassimir Ivandjiiski.[13

    And on and on....
     

    Droshki

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    Economist and New York Times columnist Paul Krugman describes Zero Hedge as a scaremongering outlet that promotes fears of hyperinflation and an "obviously ridiculous" form of "monetary permahawkery."[21] Krugman notes that Bill McBride of Calculated Risk, an economics blog, has treated Zero Hedge with "appropriate contempt."[22]

    Dr. Craig Pirrong, professor at the Bauer College of Business writes that "I have frequently written that Zero Hedge has the MO of a Soviet agitprop operation, that it reliably peddles Russian propaganda: my first post on this, almost exactly three years ago, noted the parallels between Zero Hedge and Russia Today."[5][23][6]



    The above quoted article contains 28 links to reference materials, and many more links embedded.
     

    fl57caveman

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    A cop’s answer
    Police Harassment, Chula Vista, California style

    Recently, the Chula Vista, California Police Department ran an e-mail forum with the local community (a question and answer exchange) with the topic being, "Community policing." One of the civilian e-mail participants posed the following question: "I would like to know how it is possible for police officers to continually harass people and get away with it."

    From the "other side" (the law enforcement side) Sgt. Bennett, obviously a cop with a sense of humor replied:

    "First of all, let me tell you this...it's not easy. In Chula Vista, we average one cop for every 600 people. Only about 60% of those cops are on general duty (or what you might refer to as "patrol") where we do most of our harassing. The rest are in non-harassing departments that do not allow them contact with the day to day innocents. At any given moment, only one-fifth of the 60% patrollers are on duty and available for harassing people while the rest are off duty. So roughly, one cop is responsible for harassing about 5,000 residents. When you toss in the commercial business, and tourist locations that attract people from other areas, sometimes you have a situation where a single cop is responsible for harassing 10,000 or more people a day. Now, your average ten-hour shift runs 36,000 seconds long. This gives a cop one second to harass a person, and then only three-fourths of a second to eat a donut AND then find a new person to harass.
    This is not an easy task. To be honest, most cops are not up to this challenge day in and day out. It is just too tiring. What we do is utilize some tools to help us narrow down those people which we can realistically harass.

    The tools available to us are as follows:
    PHONE : People will call us up and point out things that cause us to focus on a person for special harassment. "My neighbor is beating his wife" is a code phrase used often. This means we'll come out and give somebody some special harassment. Another popular one: "There's a guy breaking into a house." The harassment team is then put into action.

    CARS : We have special cops assigned to harass people who drive. They like to harass the drivers of fast cars, cars with no insurance or no driver's licenses and the like. It's lots of fun when you pick them out of traffic for nothing more obvious than running a red light. Sometimes you get to really heap the harassment on when you find they have drugs in the car, they are drunk, or have an outstanding warrant on file.

    RUNNERS : Some people take off running just at the sight of a police officer. Nothing is quite as satisfying as running after them like a beagle on the scent of a bunny. When you catch them you can harass them for hours to determine why they didn't want to talk to us.

    STATUTES : When we don't have PHONES or CARS and have nothing better to do, there are actually books that give us ideas for reasons to harass folks. They are called "Statutes"; Criminal Codes, Motor Vehicle Codes, etc... They all spell out all sorts of things for which you can really mess with people. After you read the statute, you can just drive around for a while until you find someone violating one of these listed offenses and harass them. Just last week I saw a guy trying to steal a car. Well, there's this book we have that says that's not allowed. That meant I got permission to harass this guy. It's a really cool system that we've set up, and it works pretty well.

    We seem to have a never-ending supply of folks to harass. And we get away
    with it. Why? Because for the good citizens who pay the tab, we try to keep the streets safe for them, and they pay us to "harass" some people.
    Next time you are in my town, give me the old "single finger wave." That's another one of those codes. It means, "You can't harass me." It's one of our favorites.

    Hopefully sir, this has clarified to you a little bit better how we harass the good citizens of Chula Vista.

     

    fl57caveman

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    A British climber has been crushed to death by falling rocks at Yosemite National Park while hiking with his wife as they celebrated their first wedding anniversary.
    Andrew Foster, 32, died after more than 1,000 tonnes of rock fell from the face of the El Capitan monolith on Wednesday.
    It emerged last night he died protecting his wife Lucy, 28, who remains in a critical condition.

    https://www.yahoo.com/news/british-climber-crushed-death-yosemite-095225924.html


    "Greater love has no man than this, that a man lay down his life for his friends"
     

    fl57caveman

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    Since President Trump made his comments about the NFL protests last weekend, we’ve heard some extraordinarily bizarre attempts by the left to connect opposition to these players and racism.

    But even though this message has been accompanied by some of the strangest, most intellectually dishonest arguments we’ve ever heard, Matthew Allen of The Root still takes the cake. In his blog post, he makes the outrageous claim that there is a direct line from the lynchings of the KKK in the South and the burning of NFL jerseys in the wake of the anthem protests.


    “It is an alarming tradition of overt dedication to sports team(s) that is dangerous and unhealthy,” Allen said of the burnings, which have been popularized on YouTube and social media. “It is in fact the remnants of a more time honored ideal of carnivorous systemic erasure of black progress, whether to prevent the fiscal independence of other black athletes or to discourage the making of political statements on a globally observed platform. With the recent events involving Kaepernick, the U.S. President, the NFL at large and its fans, it’s time to have a real examination of how jersey burning is drawn from the same spirit that led whites to hunt, hang, burn and murder black people for centuries.
    “The prejudiced entitlement practiced by the burning party is because the black player challenged their beliefs, be they political or simply in the context of diminishing the power of their former team,” he continued.







    I guess pissing on them is racist too....call me a cracker then
     

    FLT

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    I just wish all the Caucasian people that are envious of negros could of been born negros. It must terrible having to carry all that white guilt around with you.
     

    SAWMAN

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    I just submitted one of them DNA tests so I could determine my ancestry.
    Hoping it will come back 51% of absolutely anything but white so I can start applying for all the free stuff. --- SAWMAN
     

    fl57caveman

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    Who Pays What in Taxes? Walter E. Williams · Oct. 18, 2017


    Politicians exploit public ignorance. Few areas of public ignorance provide as many opportunities for political demagoguery as taxation. Today some politicians argue that the rich must pay their fair share and label the proposed changes in tax law as tax cuts for the rich. Let’s look at who pays what, with an eye toward attempting to answer this question: Are the rich paying their fair share?

    According to the latest IRS data, the payment of income taxes is as follows. The top 1 percent of income earners, those having an adjusted annual gross income of $480,930 or higher, pay about 39 percent of federal income taxes. That means about 892,000 Americans are stuck with paying 39 percent of all federal taxes. The top 10 percent of income earners, those having an adjusted gross income over $138,031, pay about 70.6 percent of federal income taxes. About 1.7 million Americans, less than 1 percent of our population, pay 70.6 percent of federal income taxes. Is that fair, or do you think they should pay more? By the way, earning $500,000 a year doesn’t make one rich. It’s not even yacht money.

    But the fairness question goes further. The bottom 50 percent of income earners, those having an adjusted gross income of $39,275 or less, pay 2.83 percent of federal income taxes. Thirty-seven million tax filers have no tax obligation at all. The Tax Policy Center estimates that 45.5 percent of households will not pay federal income tax this year. There’s a severe political problem of so many Americans not having any skin in the game. These Americans become natural constituencies for big-spending politicians. After all, if you don’t pay federal taxes, what do you care about big spending? Also, if you don’t pay federal taxes, why should you be happy about a tax cut? What’s in it for you? In fact, you might see tax cuts as threatening your handout programs.

    Our nation has a 38.91 percent tax on corporate earnings, the fourth-highest in the world. The House of Representatives has proposed that it be cut to 20 percent; some members of Congress call for a 15 percent rate. The nation’s political hustlers object, saying corporations should pay their fair share of taxes. The fact of the matter — which even leftist economists understand, though they might not publicly admit it — is corporations do not pay taxes. An important subject area in economics is called tax incidence. It holds that the entity upon whom a tax is levied does not necessarily bear its full burden. Some of it can be shifted to another party. If a tax is levied on a corporation, it will have one of four responses or some combination thereof. It will raise the price of its product, lower dividends, cut salaries or lay off workers. In each case, a flesh-and-blood person bears the tax burden. The important point is that corporations are legal fictions and as such do not pay taxes. Corporations are merely tax collectors for the government.

    Politicians love to trick people by suggesting that they will impose taxes not on them but on some other entity instead. We can personalize the trick by talking about property taxes. Imagine that you are a homeowner and a politician tells you he is not going to tax you. Instead, he’s going to tax your property and land. You would easily see the political chicanery. Land and property cannot and do not pay taxes. Again, only people pay taxes. The same principle applies to corporations.

    There’s another side to taxes that goes completely unappreciated. According to a 2013 study by the Virginia-based Mercatus Center, Americans spend up to $378 billion annually in tax-related accounting costs, and in 2011, Americans spent more than six billion hours complying with the tax code. Those hours are equivalent to the annual hours of a workforce of 3.4 million, or the number of people employed by four of the largest U.S. companies — Walmart, IBM, McDonald’s and Target — combined. Along with tax cuts, tax simplification should be on the agenda.
     

    wildrider666

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    From* statement by Matthew Allen in Post #173 "...it’s time to have a real examination of how jersey burning is drawn from the same spirit that led whites to hunt, hang, burn and murder black people for centuries...."

    Only whites? He is either ignorant of the history he is trying to present or a racist pushing an deliberately false agenda. Where is the simple acknowledgement of "white" and other races that recognized and supported black equality issues for the past few centuries? It seems to me that without the support, sacrefices of life and limb, and Votes from non-blacks; advancement of blacks and their issues would not hav progressed as they did. I don't want thanks. I just don't want race mongering asshats to toss out the race card on every twist theroy they think up to perpetuate a self imposed victim status.
     

    Ross7

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    If he'd only had more time...

    Chelsea.jpg
     

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    fl57caveman

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    Brutal.
    There's no other word for Ray Dalio's latest note on the US economy, and the situation it describes. The founder of Bridgewater, the world's largest hedge fund with about $160 billion in management, posted the note on LinkedIn on Monday, and sets about splitting the US economy in two: the top 40% and the bottom 60%.
    The point of this exercise is to show that while the headline numbers show a growing, healthy economy, there's a lot more going on under the surface that needs to be paid attention to.

    https://finance.yahoo.com/news/founder-world-apos-largest-hedge-193346724.html
     
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