Guess Who Leads the Bribery World?
The USA is the most corrupt country in the world and I have 10,000 posts that point heavily to that fact…

US negotiates Assange’s likely extradition: Voice of Russia December 8, 2010

The United States has had talks with Sweden on a likely extradition of the founder of the notorious WikiLeaks website Julian Assange.

It is on Stockholm’s request that Assange was arrested in London on Tuesday.

According to the British daily The Independent, the US Justice Department is already considering his trial on espionage charges.

Sweden seeks the WikiLeaks founder in suspected rape.

The London court has turned down his request for release on bail. Assange has, for his part, ruled out a voluntary extradition to Sweden.

via US negotiates Assange’s likely extradition: Voice of Russia.

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BBC News – Wikileaks’ IT firm threatens to sue Visa and Mastercard

The company that enables Wikileaks to accept credit and debit card donations has threatened to take legal action against Visa Europe and Mastercard.

IT firm Datacell said it was ready to seek “billions of euros” in damages.

Iceland-based Datacell, which processes donations made to the whistle-blowing website, said the move by Visa and Mastercard threatened its own business.

via BBC News – Wikileaks’ IT firm threatens to sue Visa and Mastercard.

Visa and Mastercard plus Paypal need to be boycotted. I travel the world and do not have a credit card. If they do not like cash they do not get my business…

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BBC News – Wikileaks’ founder to stay in UK custody December 7, 2010

The Subtle Roar of Online Whistle-blowing: Jul...
Image by New Media Days via Flickr

Julian Assange, the founder of whistle-blowing website Wikileaks, has been refused bail by a court in London and will remain in UK custody until a hearing regarding his extradition to Sweden.

But Mr Assange denies sexually assaulting two women in Sweden and refused to consent to be extradited.

via BBC News – Wikileaks’ founder to stay in UK custody.

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30 Ben Bernanke quotes…

The following are 30 Ben Bernanke quotes that are so stupid that you won’t know whether to laugh or cry….

Read More at:

#1 (October 20, 2005) “House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.”

#2 (On 60 Minutes in response to a question about what would have happened if the Federal Reserve had not “bailed out” the U.S. economy) “Unemployment would be much, much higher. It might be something like it was in the Depression. Twenty-five percent.”

#3 (February 15, 2006) “Housing markets are cooling a bit. Our expectation is that the decline in activity or the slowing in activity will be moderate, that house prices will probably continue to rise.”

#4 (January 10, 2008) “The Federal Reserve is not currently forecasting a recession.”

#5 (When asked directly during a congressional hearing if the Federal Reserve would monetize U.S. government debt) “The Federal Reserve will not monetize the debt.”

#6 “One myth that’s out there is that what we’re doing is printing money. We’re not printing money.”

#7 “The money supply is not changing in any significant way. What we’re doing is lowering interest rates by buying Treasury securities.”

#8 (November 21, 2002) “The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at no cost.”

#9 (March 28, 2007) “At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency.”

#10 (July, 2005) “We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though.”

#11 “Although low inflation is generally good, inflation that is too low can pose risks to the economy – especially when the economy is struggling.”

#12 (February 15, 2007) “Despite the ongoing adjustments in the housing sector, overall economic prospects for households remain good. Household finances appear generally solid, and delinquency rates on most types of consumer loans and residential mortgages remain low.”

#13 (October 31, 2007) “It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions.”

#14 (On the possibility that the Fed might launch QE3) “Oh, it’s certainly possible. And again, it depends on the efficacy of the program. It depends on inflation. And finally it depends on how the economy looks.”

#15 (November 15, 2005) “With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.”

#16 (January 18, 2008) “[The U.S. economy] has a strong labor force, excellent productivity and technology, and a deep and liquid financial market that is in the process of repairing itself.”

#17 “I wish I’d been omniscient and seen the crisis coming.”

#18 (May 17, 2007) “All that said, given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited, and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.  The vast majority of mortgages, including even subprime mortgages, continue to perform well.  Past gains in house prices have left most homeowners with significant amounts of home equity, and growth in jobs and incomes should help keep the financial obligations of most households manageable.”

#19 “The GSEs are adequately capitalized. They are in no danger of failing.”

#20 (Two months before Fannie Mae and Freddie Mac collapsed and were nationalized) “They will make it through the storm.”

#21 (September 23rd, 2008) “My interest is solely for the strength and recovery of the U.S. economy.”

#22 “Economics has many substantive areas of knowledge where there is agreement but also contains areas of controversy. That’s inescapable.”

#23 “I don’t think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.”

#24 “We’ve been very, very clear that we will not allow inflation to rise above 2 percent.”

#25 “…inflation is running at rates that are too low relative to the levels that the Committee judges to be most consistent with the Federal Reserve’s dual mandate in the longer run.”

#26 (June 10, 2008) “The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.”

#27 “Not all information is beneficial.”

#28 “The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.”

#29 “Similarly, the mandate-consistent inflation rate–the inflation rate that best promotes our dual objectives in the long run–is not necessarily zero; indeed, Committee participants have generally judged that a modestly positive inflation rate over the longer run is most consistent with the dual mandate.”

#30 (October 4, 2006) “If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations bear the burden of population aging is appropriate, as they will likely be richer than we are even taking that burden into account.”

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America Set Herself Up For The Fall – Wikileaks… December 6, 2010

In an interview with SPIEGEL to be published on Monday, Saudi Prince Turki bin Faisal warns that the WikiLeaks diplomatic cables have caused serious damage. “America’s credibility and honesty are the victim of these leaks,” he says.

The United States has suffered serious political damage as a result of the WikiLeaks publication of secret documents, says Prince Turki bin Faisal, 65, the former intelligence chief and ambassador of the Kingdom of Saudi Arabia in Washington. “America’s credibility and honesty are the victim of these leaks,” Turki said in an interview with the news magazine DER SPIEGEL. “People, including officials, will no longer speak to American diplomats frankly.” Read More >>>

Why yes the Wikileaks has caused super damage to America. But America set herself up for the fall…

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iPhone Data Problem and Answer… December 4, 2010


An Apple product fan was shocked to discover that on the day he started using his new iPhone 4 he ran up a 300-yuan (US$45) bill within an hour – while he was sleeping.

When photographer Cao Zichen checked his account, he discovered this charge was for Internet use. The bill said he had used his iPhone 4 to connect to the Internet at 2 am, generating a network data flow for 58 minutes.

The confusion is caused by iPhone 4′s new multi-tasking feature, which allows users to run more than one app and switch through different apps when needed.

The new function means a single tap on the Home button will no longer turn off the apps, but only return to the homepage. To turn apps off, users must double-click the Home button, press the apps icon for about two seconds and then press the “Quit” button.

Answer to Problem:

To turn apps off, users must double-click the Home button, press the apps icon for about two seconds and then press the “Quit” button. THEN, flush phone down toilet. Flush twice or three times to make sure phone is really gone…

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Categories: Cool Junk

To those in search of miracles, I give you this… December 3, 2010

Wallace, Idaho – To those in search of miracles, I give you this:

Without fail, every morning, give or take 5 minutes depending on the weather, at 0530 our newspaper appears on the front porch. Not in the weeds or the snow. On the front porch, right by the door, so a be-slippered old geezer can reach out for it without embarrassing his neighbours or getting frostbite on his toes, even in the dark.

The impeccable and predictable timing would be enough to remark upon. Except that, winter or summer, tucked into the newspaper is a dog biscuit. Whoever throws the paper on our porch has never met Chase, our dog, because he is inside the house at this dark hour. But Robert has heard a grump or a woof and figures somebody inside would like a treat.

Comes out of his own pocket, this newspaper-carrier’s milk bone. Now, milk bones are not the most expensive of things, unless you buy them 365 days a year for the hundreds of dogs who live along his route. And I know that our paper-guy does this, because at 3:30 a.m., throwing papers way up in Mullan, he is doing the same thing for the dog-people there. I have witnesses.

Now, come to find out, this individual lives in Smelterville. Smelterville is 20 miles west of Mullan. So in the damned cold and dark (winter or summer, take your pick) he departs the comfort of his feathers, picks up his newspapers in Kellogg, and by 0300 is in Mullan, throwing the day’s news and doggie goodies, and by 0530 or so is tossing the newspaper and the milk bone onto our front porch. This round-trip is about the distance between Seattle and Olympia.

And to top all of that, a couple of days ago, he dropped a Christmas card into the mix, strapped into the same rubber band as the newspaper and the milk bone. It was there on the front porch, at 0 Dark 30. The return address was, simply: The Newspaper Guy. Chase ate the milk bone and spared the card. Who says dogs are unsentimental?

I’ve caught the newspaper guy two or three times on the front porch, his beater breathing exhaust, thanked him for the good work he does every day. He respects my thanks, but he has a route to deliver, he is on his way. By looks he is an old hippie, like me, like most of my orbit. Just doing what he needs to do, except with a flair. I wonder, was he growing pot in California in 1965, or maybe just bugging out of the orange smoke at LZ Crystal on the last Huey before Charlie shot guys out from under him. Maybe, like me during those turbulent times, he was just passing through. I don’t know and I don’t care. Sacrifice is sacrifice and redemption is redemption. We all muddle through.

What I do know is that a guy gets up in the misery of the night, and goes beyond the minimum. He makes Chase, our dog, happy. And once a year thanks me for his business with a Christmas card.

If there is an America to be saved, it will not be trillions to U.S. and foreign banks. It will not be the Fed. It will not be a hideously powerful military steaming through the Straits of Formosa into the maw of an Exocet missile. Salvation will come from a guy waking up 30 miles to my West in the middle of the night, and in addition to doing his job, gives a damn about my dog. Without complaint, but with a great deal of grace.

December 3, 2010

David Bond [send him mail] worked 30 years in the newspaper business as a general assignment and political reporter and editor, on both coasts, Alaska and Canada, garnering numerous national awards for his work. He now covers precious metals equities.

Copyright © 2010 by Permission to reprint in whole or in part is gladly granted, provided full credit is given.

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