Sunday, August 31, 2014

Back in the USSR



(via Charles Burris)

In Wake of Resignation of Jesse Benton, Mitch McConnell Isn't Taking Questions

The Glasgow Daily Times reports:
 The day after his campaign manager quit in the wake of an expanding Iowa campaign bribery investigation, Mitch McConnell was posing for photos, shaking hands and riding in the Watermelon Festival Parade here.
What he wasn’t doing was answering a reporter’s questions.
When the reporter approached McConnell aide Terry Carmack about 10 minutes before the parade Saturday and asked to interview the Republican U.S. Senator, Carmack said, “We’re on a very, very tight schedule.”
After conferring with McConnell, the two men walked away. But McConnell continued shaking hands with other parade participants and posed for a photo or so before walking back to the convertible that was to carry him through downtown Tompkinsville...
The Grimes campaign wasted no time Friday in trying to evoke images of another political scandal and ultimate cover-up attempt.
“Sen. McConnell owes the people of Kentucky a full account of what he knew and when he knew it,” said campaign spokeswoman Charly Norton...
“It was a Rand Paul and Ron Paul deal, wasn’t it?” responded Eddie Paul Murphy, a registered Republican. Then grinning, he facetiously said of the alleged $73,000 price tag Sorensen received for switching sides in the 2012 Iowa presidential caucuses contest, “Lord, that’s a high price for a vote. They pay a whole lot for votes around here but they don’t pay that much!”

Rand Paul Dines with David Koch...

Politico reports on an AFP summit:
Paul and Pence, who on Thursday night dined privately with a more exclusive group of major donors and VIPs including AFP foundation chairman David Koch and columnist George Will, appear to have made the best impressions on the elite and moneyed class..."
(ht  Jay Stephenson)

Climatology Crony Al Gore Warned in His Nobel Prize Speech that the Arctic Ice Cap Might Be ICE-FREE By Now (Not Quite)

The Daily Mail reports:
The speech by former US Vice-President Al Gore was apocalyptic. ‘The North Polar ice cap is falling off a cliff,’ he said. ‘It could be completely gone in summer in as little as seven years. Seven years from now.’

Those comments came in 2007 as Mr Gore accepted the Nobel Peace Prize for his campaigning on climate change.

But seven years after his warning, The Mail on Sunday can reveal that, far from vanishing, the Arctic ice cap has expanded for the second year in succession – with a surge, depending on how you measure it, of between 43 and 63 per cent since 2012.


To put it another way, an area the size of Alaska, America’s biggest state, was open water two years ago, but is again now covered by ice.

The most widely used measurements of Arctic ice extent are the daily satellite readings issued by the US National Snow and Ice Data Center, which is co-funded by Nasa. These reveal that – while the long-term trend still shows a decline – last Monday, August 25, the area of the Arctic Ocean with at least 15 per cent ice cover was 5.62 million square kilometres.

This was the highest level recorded on that date since 2006, and represents an increase of 1.71 million square kilometres over the past two years – an impressive 43 per cent.

Other figures from the Danish Meteorological Institute suggest that the growth has been even more dramatic. Using a different measure, the area with at least 30 per cent ice cover, these reveal a 63 per cent rise – from 2.7 million to 4.4 million square kilometres.

Donald & Shelly Sterling -- Reconcile for 60th Anniversary .

TMZ reports:

Despite the fact he called her a "pig" in open court ... despite the fact he's STILL suing her ... Donald Sterling got together with estranged wife Shelly to celebrate their 60th anniversary on the beach ... and TMZ Sports has the shocking photo.

The two put their insanely nasty war on hold last weekend -- and bathed their bodies in the sun at the Balboa Bay resort in Newport Beach.

Multiple sources connected to the couple tell us they decided to get together to celebrate their 60th anniversary ... but they still consider themselves very much estranged.

TMZ has a photo here.

How Scandal Could Touch Rand Paul, McConnell

Here is the take from the establishment newspaper The Courier Journal.

Note well the reference to the establishment Republicans being unhappy. This is the beginning of the destruction of the Ron Paul brand. But the Republican establishment should be careful what they wish for, from what I am hearing, the Republican establishment could get blown up along with the Ron Paul brand as this scandal develops.

The establishment Republicans may have high hopes for the upcoming midterm election, but from what I hear this scandal could blow up right in their face.

 Here's TCJ:
The impact on Rand Paul, however, could be greater than any trouble McConnell might see.

The Sorenson plea goes directly to the heart of the Paul family political network and could make people like Benton and Dimitri Kesari effectively off limits for a presidential campaign.

Kesari was also part of the Paul network and mentioned in documents gathered during an Iowa state ethics probe into the allegations of bribery.

Benton also managed Rand Paul's general election campaign in 2010.

In addition to possibly losing trusted operatives, one Republican told me the biggest problem is that the matter raises concerns among establishment Republicans, who have long had worries about the Paul family operation.

The Mother of All Blowbacks: ISIS is Saddam's Revenge

By Eric Margolis

President Barack Obama is being lambasted by US Republicans for admitting that “we don’t have a strategy yet” for dealing with the rise of the militant group, ISIS, or Islamic State, as it’s now known.

Given that the US had made an unbelievable mess of its Mideast policies, the president is right to pause and think, something his shoot –from- the- lip Republican critics rarely do. They are demanding the US attack both Iraq and Syria without asking “what then oh brave Washington warriors?” These are the Republicans who ardently supported George Bush’s catastrophic invasion and destruction of Iraq.

The problem is that too many cooks in Washington are spoiling its Mideast soup. In his magnificent new book, “The Sleepwalkers,” Prof. Christopher Clark of Cambridge describes how World War I was in part ignited by small numbers of anti-German officials in France, Russia, Serbia and Britain who often undermined their own government’s moderate policies.

The same process occurred under President George W. Bush when cabals of neocon officials in the Pentagon, State Department, CIA and media drove the US into a calamitous war whose negative effects are still being felt.

Today, other pro-war cliques in official Washington are...

Read the rest here.

Understanding the Enormous Role of the United States in NATO





A Sexually Satisfied Woman


(ht Michael Edelstein)

An Open Letter to Ron Paul

Dear Dr. Paul,

You denied the payments and offers of payments to Kent Sorenson in an interview with Chris Wallace on national TV:

https://m.youtube.com/watch?v=ZH3Dd4CfJLg

You were wrong that day.

So what else are you missing that's been going on inside the machine that Jesse Benton, Doug Stafford, John Tate and Mike Rothfeld - Ron Paul, Inc. - built "for you"?

Or was it really built for them?

Who knows what will come out next in the Ron Paul scandals?

Did Rothfeld and Guy Short negotiate a truce between the Paul and Bachmann campaigns right after the Sorenson switch?

Did this reported negotiation avert dueling FEC complaints because both campaigns knew Sorenson was being paid by the other under the table? What do the emails and text messages show? Hello NSA?

What I want to know is whether or not Steve Bierfeldt, the former Executive Director of RPI, was right when he asserted back in late 2012 that there was a pay off of hush $$ to cover up a sexual harassment complaint against Dimitri Kesari, your RP for Prez 2012 Deputy Campaign Manager.

(Was that why Dimitri Kesari was suspended for a time from the campaign in mid-2012? )

If so, were the hush $$ laundered through the campaign in a way similar to the secret payments to Kent Sorenson? Was it another series of sham payments to a "campaign vendor" that were then forwarded to the complaining party?

Last year (2013) I sent you the memorialized text message exchange I had with Steve Bierfeldt along with other evidence of your staffer's inappropriate behavior toward others.  Did you do anything about it?

I didn't want my contributions to RP for Prez 2012 diverted in this manner to fund this sort of nonsense.  If true, it is a fraud on your grassroots donors and supporters.

What did John Tate know?  What did Mike Rothfeld know?  What did Jesse Benton know?  What did Fernando Cortez know?  (Isn't Fernando an old friend of Bierfeldt's from his LI days?)

Now that the financial records are opened in the ongoing scandal investigation, every expenditure to so-called "vendors and consultants" should be scrutinized and chased down vigorously.  Prove to the grassroots donors they were legit!

Why should grassroots Ron Paul donors have been conned to pay for hush money to cover up sexual harassment allegations?

And why should grassroots Ron Paul donors have been conned to pay for power mongering consultants to insult them in emails by calling them Ron Paul "sheeple" and "Cwazy Wabbits"?  (See the EPJ post on this.) Will you, Dr. Paul, defend them or will you defend the Ron Paul, Inc. machine that hijacked your 2012 Prez campaign for what was obviously their own agenda? These "clever" operatives clearly used their insider advantages to help stop your name from being put into nomination in Tampa in 2012.

Remember, as one of the infamous senior advisors to you and Rand Paul likes to say, "The goal is to take power!" And by that he means over you, over me, and over our families.  And he has no necessary self-interest in your well being or your family's well being.  But he is "worshipped" and called "guru" by his sycophants in politics in Virginia and beyond.

And for this big-name, powerful Virginia-based political operative, electing Barack Obama in 2008 and 2012 was what he wanted for his agenda and his business.  And you paid him big $$ while he advocated just that in seminars and teach ins across America.  (Wow!  What a deal.  Get paid by Ron Paul while telling grassroots activists that voting for the election of Barack Obama is the principled thing for conservatives and libertarians.)

Dr. Paul?  Are you hearing and seeing what these arrogant, power-grasping operatives have done?

I gave Benton 6 months to come clean and take responsibility for the actions of his subordinates in your campaign.  I gave him the benefit in spite of my doubts about him.  After I waited his only response was to insult me.

I have heard some speculate that you must know about all this.

Others say you are a saintly old grandpa living in a fog who has put his personal and professional responsibility into a blind trust.

I don't know what to believe.

Please get to the bottom of this on your own initiative.  Don't wait for the DOJ to do it.

Take back control of C4L.  Some won't like this, but I say we need its voice, its resources, its grassroots energy added to the foreign policy debate this country desperately needs.  Who is stopping that from happening, you or Ron Paul, Inc?

Sincerely,

Dennis Fusaro

On the Subpoena Google Has Received in Relation to the Developing Ron Paul Inc. Scandal

A person familiar with the subpoena that Google received, requiring Google to  turn over emails from certain individuals associated with the secret payoffs to Kent Sorenson   (SEE: BREAKING: Kent Sorenson Pleads Guilty to Concealing Ron Paul Campaign Payoff),  and other possible illegal activities by Ron Paul Inc. operatives,  tells me, "You have to realize the subpoena was not just for emails from one or two accounts. The list is an entire page long of Google accounts that the government has subpoenaed to get access to emails." MANY Ron Paul Inc. operatives emails accounts are included on the list. I have previously reported that the government had subpoenaed Ron Paul's emails. (SEE:  Ron Paul and Michelle Bachmann Emails Obtained By Investigators Via Subpoenas)

The developing scandal is going well beyond Kent Sorenson and Dmitri Kesari. They may not get Rand Paul, but from what I am hearing, he will likely get caught in the crossfire.

It appears that certain illegal activity may have occurred during the 2010 Rand Paul Senate campaign. I doubt Rand knew about it, but disclosures of the activity will certainly bloody him and libertarian-haters are going to have a filed day.

BTW: The DOJ lawyers on the investigation are the same ones that took down the very powerful Jack Abramoff. These guys likely report directly to Attorney General Eric Holder and are not in this to just nail small fish like Sorenson and Kesari.

-RW

What Keynes Really Thought About Fed Chairman Marriner Eccles

The Marriner S. Eccles Federal Reserve Board Building 
The present Federal Reserve building in Washington D.C. is named after Marriner Stoddard Eccles.

 He was appointed by President Roosevelt as the Chairman of the Federal Reserve and was reappointed chair in 1936, 1940, and 1944 and served until 1948. In 1948, President Harry Truman did not reappoint Eccles to the position of chairman of the Fed, however, he remained on the board until 1951.

Eccles had also participated in the Bretton Woods negotiations that created the World Bank and International Monetary Fund. And he was a key player in negotiations that led to the post World War II U.S. loans to Great Britain.

The negotiations between the U.S. and the U.K.were contentious and the U.K.was led in its negotiations by John Maynard Keynes. Here is what Keynes thought of Eccles (from The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order)

Eccles wanted more assurances that the United States would be repaid. If the United States were going to finance a bankrupt concern, it had the right to priority over earlier creditors. Now Keynes was livid. "You can not treat a great nation as it were a bankrupt company." Privately Keynes said of Eccles that it was "No wonder the man is a Mormon. No single woman could stand him."

I Don't Like The Saying "We Need To Take Our Country Back"

By Chris Rossini

I've taken notice that there are plenty of well-meaning people, who can see that Leviathan is closing in, and they spout out the phrase "We need to take our country back!"

I don't like it.

It rings of collectivism, brings to mind a mob with pitchforks, and really doesn't say anything specific. Where do we want to take our country back to?

George W. Bush? .... Are you out of your mind?

The 1980's? .... Murray Rothbard smashed that illusion.

The 1970's? .... That's when Ron Paul decided to leave his medical practice, and throw on his Superman suit.

The World Wars? .... Allow me to introduce you to Ralph Raico.

1913? .... Don't get me started.

1865? .... Say it again, and I'll unleash Tom DiLorenzo on you.

1787? .... To the Coup In Philadelphia? Patrick Henry tried to warn everyone!

1776? .... Much too violent! How about peace for a change?

To make a long story short, there's no need to go back. Much better to move forward.

I, myself, am not interested in some arbitrary geographical area, where a bunch of narcissistic bandits rule with aggressive force. You can keep the word "country".

I'm much more interested in Liberty, where no individual (or group of individuals) have a legal ability to aggress against anyone else. No exceptions!

That's something to look forward to.

You can find the seeds for such a society from our American ancestors. However, they (obviously) didn't fully get it. They messed up! They gave certain individuals the ability to use aggressive violence against others. Grant that to human beings and you're only a hop, skip and a jump away from Empire.

Is Liberty something that has to be "taken back"? Kind of, but not in a way that most people would think. Liberty does not come from government, so you can't approach the narcissist de jour and say: "Give me my Liberty". It's not something that he can hand you. It's not a tangible object. It's an idea.

The narcissists desperately want people to believe in superpowers that they do not possess. Stop believing and the Iron Fist starts to go limp.

Unfortunately, our American ancestors maintained their belief in the narcissists. They bought the snake oil. They granted some individuals the ability to use aggressive violence. We're all paying for that bad decision.

The narcissists aren't stupid. They understand the power of ideas and beliefs. It's not an accident that the first 18 years of a person's life are spent in government's indoctrination centers. That diploma says a lot more than "This guy passed". It also says: "This guy has consumed 18 years of snake oil. Let's start taxing him".

Fortunately, beliefs aren't set in stone. They can change in an instant.

We don't need to "take our country back"....No thanks....We need to believe in Liberty.






Iowa Probe: A Ditch For Mitch?

By Howard Fineman

The five words a senator least likes to hear are not “you have lost the election.” They are “the federal investigation is ongoing.”

Senate Minority Leader Mitch McConnell of Kentucky might have a reason to be concerned that the second sentence could lead to him hearing the first.

On Wednesday, a federal investigation in Iowa forced a state senator there to plead guilty to obstruction of justice charges stemming from $73,000 in bribes he admitted taking from Rep. Ron Paul's campaign in 2012.

A key figure in that 2012 Ron Paul campaign (and the 2008 Ron Paul campaign as well) was Jesse Benton. He ran the 2010 Kentucky Senate race for Rand Paul -- a fitful McConnell ally. And until yesterday, he was officially (but not recently, in fact) running McConnell’s 2014 race.

Benton has not been accused of wrongdoing. The McConnell campaign issued a terse statement Friday morning dismissing the Iowa probe as unconnected to the senator or his circle, and Benton has denied any knowledge of or involvement in the bribe or efforts to cover it up.

This is probably not the end of the story. The plea was based in part on two sealed documents, and the U.S. Department of Justice has said that the probe is ongoing.

Read the rest here.

Roger Stone on Nixon's Secrets; The 2016 Presidential Race; And How He Operates Differently Than Those Caught Up in the Ron Paul Inc. Probe



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**Thanks to John Daubert, Head of Editing and Mastering.**

Saturday, August 30, 2014

They are Pushing Mitt Romney (Again)

Edward Klein, author of Blood Feud: The Clintons vs. the Obamas, writes in NyPo:
The most likely Republican presidential candidate for 2016 is . . . Mitt Romney?
The former Massachusetts governor has run and lost two bids for the White House — in the 2008 Republican primaries and again in the 2012 general election. What’s more, he proved to be a foot-in-mouth candidate who blew his chances of winning in 2012 by writing off 47% of the electorate and suggesting that illegal immigrants “self-deport.”

And yet, establishment insiders in the GOP tell me that the third time may be the charm.
“The smart folks in the party are not committed to any presidential candidate this early,” said Scott Reed, the senior political strategist for the US Chamber of Commerce, the powerful business lobby that has scored a string of establishment victories over Tea Party candidates in this year’s Republican primaries. “But Romney can’t be dismissed as the guy who lost last time.

“You watch him on TV these days, and he’s a new guy with total command of the issues and a real presence,” Reed added. “He could throw an organization together and get the money.”

A wealthy New York-based Republican with close ties to members of the donor class, who spoke to me on the condition of anonymity, wholeheartedly agrees.

“Most of the people I talk to who are involved in Republican politics as donors want a winner,” he told me. “And many of these people are talking about Romney because so many of the things he said in 2012 — about Russia being a ‘geopolitical foe’ and people losing their health insurance under ObamaCare — have come to pass.”

The Myth of the Unchanging Value of Gold

By Joseph Salerno

According to mainstream economics textbooks, one of the primary functions of money is to measure the value of goods and services exchanged on the market. A typical statement of this view is given by Frederic Mishkin in his textbook on money and banking. “[M]oney ... is used to measure value in the economy,” he claims. “We measure the value of goods and services in terms of money, just as we measure weight in terms of pounds and distance in terms of miles.”

When money is conceived as a measure of value, the policy implication is that one of the primary objectives of the central bank should be to maintain a stable price level. This supposedly will remove inflationary noise from the economy and ensure that any changes in money prices that do occur tend to reflect a change in the relative values of goods and services to consumers. Thus, for mainstream economists, stabilizing a price index based on a basket of arbitrarily selected and weighted consumer goods, e.g., the CPI, the core CPI, the Personal Consumption Expenditure (CPE), etc., is a prerequisite for rendering money a more or less fixed yardstick for measuring value.

This idea — that a series of acts involving interpersonal exchange of certain sums of money for quantities of various goods by diverse agents over a given period of time somehow yields a measure of value — is another ancient fallacy that can be traced back to John Law. Law repeatedly referred to money as “the measure by which goods are valued.” This fallacy has been refuted elsewhere and rests on the assumption that the act of measurement involves the comparison of one thing to another thing that has an objective existence, and whose relevant physical dimensions and causal relationships with other physical phenomena are absolutely fixed and invariant to the passage of time, like a yardstick or a column of mercury.

In fact, the value an individual attaches to a given sum of money or to any kind of good is based on a subjective judgment and is without physical dimensions. As such the value of money varies from moment to moment and between different individuals. The price paid for a good in a concrete act of exchange does not measure the good’s value; rather it expresses the fact that the buyer and the seller value the money and the price paid in inverse order. For this reason neither money nor any other good can ever serve as a measure of value.

Unfortunately, advocates of a gold-price target wholeheartedly embrace this mainstream doctrine while giving it an odd twist. They begin with the wholly unsupported assumption that one commodity, gold, is stable in value and that, therefore it can serve as the lone guiding star — or “The Monetary Polaris” as Nathan Lewis terms it — for Fed monetary policy. According to Steve Forbes, writing in the introduction to Lewis’s Gold: The Monetary Polaris, real gold standards have one thing in common: “They use gold as a measuring rod to keep the value of money stable. Why? Because the yellow metal keeps its intrinsic value better than anything on the planet.”

Louis Woodhill, in a Forbes column, writes in a similar vein, explaining that “[t]he fundamental validity of the gold standard rests upon the premise that the real value of gold remains constant over time. ... The most fundamental thing about a unit of measure is that it be constant. ... Gold is not money, and it should not be money. However we can and should use gold to define the value of the dollar.” These passages reflect an almost mystical belief that the “intrinsic” or “real” value of gold is, for all practical purposes, eternally unchanging, unaffected by the continual flux of human valuations, stocks of resources (including gold itself ), technology, and entrepreneurial judgments that define the essence of the dynamic market economy. Furthermore no definition is ever given of what exactly the concept of “intrinsic value” means or in what units it is expressed.

Historical experience clearly shows that the value of gold vis-à-vis other commodities has fluctuated over the centuries, even when gold has served as the monetary standard. This was certainly the case, for example, when the US returned to the gold standard after the Civil War. From 1880 to 1896, US wholesale prices fell by about 30 percent. From 1897 to 1914 wholesale prices rose by about 2.5 percent per year or by nearly 50 percent. This rise came about mainly as the result of a nearly doubling of the global stock of gold between 1890 and 1914 due to discoveries of new gold deposits in Alaska, Colorado, and South Africa, and improvements in the technology of mining and refining gold.

Proponents of gold-price targeting thus seem to ignore both theory and history in assuming that once the dollar price of gold has been fixed, the value of money itself becomes forever stable and immune to the influence of market forces of supply and demand. Inflation and deflation are, therefore, ipso facto banished from the economy. This implies that any changes occurring in the quantity of money under a fixed-gold price regime are to be construed as benign and stabilizing adjustments of the supply of money to changes in the demand for money. Steve Forbes writes: “The fact that a foot has 12 inches doesn’t restrict the number of square feet you have in a house. The fact that a pound has 16 ounces doesn’t restrict your weight, alas — it’s a simple measurement. ... The virtue of a properly constructed gold standard is that it’s both stable and flexible—stable in value and flexible in meeting the marketplace’s natural need for money. If an economy is growing rapidly such a gold-based system would allow for rapid expansion of the money supply.”

In other words Forbes’s “stable and flexible” gold standard would facilitate and camouflage an inflationary expansion of the money supply that would, according to Austrians, distort capital markets and lead to asset bubbles. The motto of our current gold-price fixers seems to be: “We want sound money — and plenty of it.”

The above originally appeared at Mises.org and is reprinted with permission.

There Certainly is No Inflation (Butter Edition)

Butter futures prices on the Chicago Mercantile Exchange have reached an all-time high.

On Friday, the October contract traded as high as $2.5500002,the highest ever for a most active contract. It was a gain on the day of 1.1%.

The price is up 62% this year.

-RW

Who Says The World Economic Forum Is Just A Wine & Cheese Party?

By Chris Rossini

The world's "elites," who routinely descend upon Switzerland's World Economic Forum ,are apparently doing more than consuming Moose cheese and washing it down with some fine vino.

Apparently, they're coming up with some fatuous ideas as well.

For example, in 2011, they came up a something called an EDGE certification for corporations. I'm sure the thinking went that companies with an EDGE certification could claim to have an "edge" on their competition.

Are you ready for the unpacking of the EDGE acronym?

It stands for "Economic Dividends for Gender Equality" and a U.S. company has finally earned this certification. Cosmetics maker L'Oreal has become the first! Apparently the company went through a 6-month certification process, with surveys and forms, and metrics, and Heaven only knows what else.

Now (like Beyonce) L'Oreal can attach a feminist label to itself:


See!!...it's more than just wine, cheese, and greasy government + corporate handshakes that take place at the World Economic Forum. There are tangible ideas with tangible results.

We'll see, after everyone wakes up from the central banker fantasy if EDGE certifications are still being discussed. When economic reality hits corporate America, so will Ludwig Von Mises' dictum:
The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers.
In other words...man or woman, black or white, young or old, rich or poor....you better supply customers with what they urgently desire, and you better do so at a profit.

EDGE is not a creation, or demand, of the consuming public. It was spawned in the Alps by a bunch out-of-touch apparatchiks.






Why I Chose Panama (Over Costa Rica, Mexico, or Canada)

By Mark Nestmann
In my consulting practice, I’m often asked about my own “Plan B” – what I plan to do when the s**t hits the fan (SHTF) in the good ol’ US of A. And of course, why I chose that plan.
In my case, it’s Panama. I’m now a permanent resident there and will pick up my cedula – my national ID document – next month.
In choosing Panama as my personal “bug out” location, I went through a comprehensive evaluation of that country versus several other possible alternatives. Here are the criteria I reviewed

George Galloway Assaulted by Pro-Israel fanatic

Georger Galloway leaves hospital after being treated following a street attack.


The BBC reports:
The Respect MP for Bradford West was posing for pictures in Notting Hill when he was assaulted on Friday night.

The MP suffered "severe" bruising to his head and appears to have broken some ribs, his spokesman said.

The spokesman said the attack on Mr Galloway seemed to have been prompted by the MP's views on Israel. A man has been arrested over the attack.

The attacker allegedly called Mr Galloway "a Hitler" during the assault....

The MP's spokesman said the assailant had made reference to the Holocaust.

"George was posing for pictures with people and this guy just attacked him, leapt on him and started punching him," the spokesman said.

"It appears to be connected with his comments about Israel because the guy was shouting about the Holocaust."

(ht  Jay Stephenson)

Longtime Top Google Exec May Become White House Evil Doer

Megan Smith 
Nothing good happens in the world of government intervention and certainly not in the White House office of technology, which is why is is sad to see that Megan Smith is close to becoming the next U.S. Chief Technology Officer.

Smith, who was most recently a vice president at Google’s X lab, is a top candidate for the role of U.S. chief technology officer, reports Bloomberg.

Smith joined Google in 2003. As vice president of business development, according to Bloomberg, she oversaw many of its most important acquisitions, like Keyhole, the service that underlies Google Earth. She has led the company’s philanthropic division, Google.org, and served as a co-host for Google’s Solve for X forum, where distinguished thinkers and scientists brainstorm radical technology ideas with Google executives.

Before joining Google, Smith was chief executive officer of Planet Out, a site for gay and lesbian Internet users.

-RW

Top Ten Least Affordable US Cities for Housing

Metro
July 2014
Zillow
Home Value
Index
Q2 2014
Median
Income
Share of
Income
Needed
to Afford
Median
Home,
Currently
Share of
Income
Needed to
Afford
Median
Home,
Historically
(1985-1999)
Los Angeles,
CA
$529,200$59,42442.6%35.20%
San Francisco,
CA
$688,600$76,23942.6%37.70%
San Jose,
CA
$803,900$96,86839.5%34.90%
San Diego,
CA
$467,700$62,66335.5%32.90%
New York/
Northern
New Jersey
$374,700$68,62525.8%31.60%
Sacramento,
CA
$321,300$58,46625.6%29.30%
Riverside,
CA
$277,100$53,54924.5%25.20%
Boston,
MA
$362,300$74,50523%27.80%
Seattle,
WA
$333,000$69,71122.7%25.60%
Portland,
OR
$274,300$59,15921.8%22.70%
Source: Zillow

(Table via CNBC)

First Attempt at Distancing Rand Paul from the Ron Paul Inc. Scandal

David Weigel writes today in Slate:
Rand Paul hasn't kept Kesari around, either. Earlier this year I reported on the Iowa scandal, Kesari, and the fairly obscure players who went from the world of direct mail to the worlds of Ron and Rand Paul. It was made very clear to me that Kesari was not among the people being brought into Rand Paul's orbit as he expanded his national profile and made trips to primary states. Nobody knew what would happen to the bribe saga, but Iowa allies of the Pauls were already working to distance themselves from the key figures.
Rand may or may not be successful in distancing himself from Ron Paul Inc.

The Kesari referenced by Weigel is Dmitri Kesari who is at the epicenter of the Ron Paul Inc. scandal. He is the one that negotiated the secret payoffs to Kent Sorenson. Sorenson has pleaded guilty (SEE: BREAKING: Kent Sorenson Pleads Guilty to Concealing Ron Paul Campaign Payoff).

But this is only one of the problems Kesari has. The FBI is investigating MANY other activities of Kesari. Kesari is under extreme pressure to co-operate with the government. And no one, outside of Kesari and the government, knows where that is going to lead. As I have reported here exclusively at EPJ, Kesari may have been recording Ron Paul Inc. as early as 2009 (SEE: BOMBSHELL: Ron Paul Inc. Operatives May Have Been Secretly Recorded Since 2009).

When Kesari starts to talk, if he hasn't already, will he be able to snare Rand? It is very unlikely, but Kesari was around the Rand Paul 2010 campaign to some degree and I am aware that the FBI is investigating some of the activities that Kesari was involved with in relation to Rand's 2010 camapign that might include campaign law violations. This is stuff that Rand was probably unaware of.

Then there is the question, What did Kesari record on his magic pen recording device?  More than likely, what is going to happen here is that Rand will be linked as aggressively as possible by libertarian haters and the political establishment for his "ties to Kesari" (and Jesse Benton).

Politics is a dirty game and the amateur night fashion in which parts of Ron Paul Inc. operated is going to provide the dirty game players a lot of mud to sling Rand's way.

-RW

Coming in September: Atlas Shrugged III: Who Is John Galt?



Atlas Shrugged III: Who is John Galt? is the final installment of the Atlas Shrugged trilogy.
It opens September 12.

REPORT: Charlie Shrem Reaches Plea Deal

Reuters is reporting that Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to launder money as part of his bitcoin operation.

It's good to see Shrem resolve this and be able to move on with his life without this hanging over his head. He is a talented entrepreneur.

According to Reuters, Shrem will plead guilty next Thursday in New York federal court to unlicensed money transmission. Of course, in a libertarian world, this wouldn't even be a crime.

"I'm happy that it's coming to a close," Shrem told WSJ in a telephone interview.

Under his plea, Shrem said he could face time in prison. The final sentence will be determined by a judge.

He  said that he will ask members of the bitcoin community to write letters to the judge on his behalf ahead of the sentencing that is expected in the next few months.

"My life is not ending here. I'm overall happy and satisfied," he said.

-RW

Is This the Libertarian Moment?

By Llewellyn H. Rockwell, Jr.

Earlier this month the New York Times wondered aloud if the “libertarian moment” had arrived. A good question, to be sure.
To answer it, though, Times reporter Robert Draper sought out not quite the top libertarian thinkers in the world, but instead those people most easily reached within a ten-minute walk from the Capitol or the Empire State Building.
Draper begins with an ex-MTV personality and proceeds from there. None of the people whose work and writing have shaped the libertarian movement, and who have converted so many people to our point of view, make

EPJ Week In Review - Week Ending 8/29/14










Below you'll find everything that has been published on EPJ for the week ended Friday August 29, 2014. The hottest posts for each day are highlighted in red.







Friday 8/29/14
Thursday 8/28/14
Wednesday 8/27/14
Tuesday 8/26/14
Monday 8/25/14
Sunday 8/24/14
Saturday 8/23/14