L.A. Mayor Dismisses Warning That Arizona Could Cut Off Power Over Boycott

L.A. Mayor Dismisses Warning That Arizona Could Cut Off Power Over Boycott

By Judson Berger

– FOXNews.com

Los Angeles Mayor Antonio Villaraigosa on Wednesday defiantly rejected a warning by a top Arizona utilities official that the state could cut off power to Los Angeles should the city proceed with its boycott of all things Arizona.

Los Angeles Mayor Antonio Villaraigosa on Wednesday defiantly rejected a warning by a top Arizona utilities official that the state could cut off power to Los Angeles should the city proceed with its boycott of all things Arizona.

Spokesman David Beltran told Fox News that the message didn’t even warrant a response.

“We’re not going to respond to threats from a state which has isolated itself from the America that values freedom, liberty and basic human rights,” Beltran said.

That was after Gary Pierce, a commissioner on the five-member Arizona Corporation Commission, wrote a letter to Villaraigosa slamming his City Council’s decision to boycott the Grand Canyon State — in protest of its immigration law — by suspending official travel there and ending future contracts with state businesses.

Noting that a quarter of Los Angeles’ electricity comes from Arizona power plants, Pierce threatened to pull the plug if the City Council does not reconsider.

“Doggone it — if you’re going to boycott this candy store … then don’t come in for any of it,” Pierce told FoxNews.com.

In the letter, he ridiculed Villaraigosa for saying that the point of the boycott was to “send a message” by severing the “resources and ties” they share.

“I received your message; please receive mine. As a statewide elected member of the Arizona Corporation Commission overseeing Arizona’s electric and water utilities, I too am keenly aware of the ‘resources and ties’ we share with the city of Los Angeles,” Pierce wrote.

“If an economic boycott is truly what you desire, I will be happy to encourage Arizona utilities to renegotiate your power agreements so Los Angeles no longer receives any power from Arizona-based generation.”

Appearing to tap into local frustration in Arizona over the raft of boycotts and threatened boycotts from cities across the country, including Los Angeles, Pierce warned that Arizona companies are willing and ready to fight boycott with boycott.

“I am confident that Arizona’s utilities would be happy to take those electrons off your hands,” Pierce wrote. “If, however, you find that the City Council lacks the strength of its convictions to turn off the lights in Los Angeles and boycott Arizona power, please reconsider the wisdom of attempting to harm Arizona’s economy.”

Pierce told FoxNews.com that he was speaking for himself, not the entire commission, though he has the support of at least one other member. But Arizona has some serious leverage over Los Angeles, as well as the rest of California. The state and city get electricity from a nuclear power plant outside Phoenix, as well as from coal-fired power plants in northern Arizona and two giant hydroelectric power generators along the Colorado River.

Despite that, the Los Angeles City Council voted overwhelmingly last week to ban future business with Arizona — a decision that could cost Arizona millions of dollars in lost contracts.

Los Angeles officials were furious with the Arizona immigration law passed last month and joined local officials in cities across the country in pushing boycotts to register their dismay. Critics say the law will lead to racial profiling and civil rights abuses.

Arizona officials have defended the law, saying the state needed to take its illegal immigration problem into its own hands. Pierce said he’s “supportive” of the state’s efforts to control the border.

The law requires local law enforcement to try to verify the immigration status of anyone they have contact with whom they suspect of being an illegal immigrant. It empowers them to turn over verified illegal immigrants to federal custody. The legislation explicitly prohibits screening people based solely on race or national origin.

Fox News’ Ron Ralston contributed to this report.

Kentucky Win Proves Tea Party Movement Is No Fluke

Kentucky Win Proves Tea Party Movement Is No Fluke

By: Michael Reagan

Kentucky is not normally a state that is seen as a bellwether to the national political mood. Comfortably in the “Red,” the Bluegrass State often passes through the electoral season with very little national fanfare. That has changed.

For the first time since its rapid evolvement, the tea party movement helped a significant political candidate earn electoral victory — marking a notable increase in the movement’s importance to candidates across the country. No longer can anyone call this a fluke.

Now many will be quick to say that this is simply a result of the normal enthusiasm gap that comes into play when one party has been swept into power. And others will say that this new group symbolizes a modern shift into a third wing of American electoral politics. I disagree with both.

You see, what the tea party movement stands for is nothing new to those of us who remember the days of the Grand Old Party remaining true to its core principles — a Republican Party that believed that uttering anything related to “increased government spending” was akin to dropping a four-letter curse word.

What the tea party followers are demanding is simply a return to the days of old — the days where Republican leaders like my father stood for smaller government, less spending, and the implementation of policies that allow the American economy to grow, rather than punishing families and small businesses for being productive.

Today, if you visit any state Republican convention or any other gathering of Republicans, you will see a wide array of conservative organizations using my father’s likeness to promote their cause. From the issue of life to immigration, they claim the Reagan mantra.

However, when it comes to the tea party, these folks are actually out there demanding a return to the real Reagan principles. They are demanding that our government return more power to the people.

I can assure you that my father would not only have approved of their efforts, he would be standing by them as they help return our nation to one by the people, for the people, of the people.

What’s more, the tea party has now proven that they can not only talk a good game, but they can actually put solid, principled Republicans in office. This should serve to send a strong message to Republican leadership that the tea party can be an ally in electing the best candidates, rather than a political rapid to be navigated.

And as we look toward the coming general elections, tea party organizers must remember that the resources and support of the Republican Party can work on their behalf as well. We are strongest when we are working together.

The Kentucky win was historic for the tea party movement. But we must not stop now. It’s time to hold candidates and office-holders accountable when it comes to spending, the deficit, and the tax burden being placed on our families.

By pushing hard on this front, in a couple of years, we will be able to stand up and ask President Obama just how he takes his tea.

Mike Reagan, the elder son of the late President Ronald Reagan, is spokesman for The Reagan PAC and chairman and president of The Reagan Legacy Foundation.

© Mike Reagan

Is America waking up?


The Rise Of Ethnopolitics


Is Rand Paul a racist?

Well, he has two White parents, so of course he is! That’s pretty much the repugnant logic employed by the current regime.

Dr. Paul even had the gall to dispute some elements of the so-called Civil Rights Act to MSNBC’s favorite militant lesbian, Rachel Maddow, which sent her into hysterics:

(May 20) — Rand Paul, the new face of the tea party movement, is in hot water because of his comments about anti-discrimination laws.


Rachel Maddow pressed Paul on the question during a lengthy interview on her MSNBC program Wednesday night. She tried to get a clear answer on whether he thought the lunch counter at the Woolworth’s in Greensboro, N.C. — a flash point in the struggle for racial integration — should have been allowed to remain segregated.

Paul said he didn’t believe “any private property should discriminate” and insisted he would never patronize such a place. But he asked Maddow, “Does the owner of the restaurant own his restaurant or does the government own his restaurant?”


“Under your philosophy it would be OK for Dr. King to not be served at the counter at Woolworth’s?” Paul was asked. He replied that he would have boycotted the store and denounced it, but added, “This is the hard part about believing in freedom.”


A week later, the newspaper published an editorial saying Paul has “an unacceptable view of civil rights, saying that while the federal government can enforce integration of government jobs and facilities, private business people should be able to decide whether they want to serve black people, or gays, or any other minority group.”

Well, there you go, Rand Paul says that individuals should be allowed to have private property rights and gets denounced as a “racist.”

If you read the entire interview you’ll see that Paul “plays the game” a little bit, but he’s certainly given freedom loving Americans a little red meat here, which is more than most other politicians have been willing to throw us. That’ll all change, of course, should European-American paleoconservatives ever regain control of the institutions that we founded. Once that happens everyone will fall in line. A great number of people have no convictions whatsoever, and thus, will support whatever is trendy or en vogue at the time. We have to make our issues contemporary again, and I believe that we are beginning to do just that.

But, back to Rand Paul’s interview on MSNBC. He certainly didn’t come out as strong as I would have if I had been the one taking questions from Maddow, but then again, there aren’t many people like James Edwards with the strength and courage to speak out on issues that are momentarily taboo. That being said, however, I do want to be clear when I say that Rand Paul still has a lot of potential and should be supported by the listening audience of The Political Cesspool Radio Program.

* * * UPDATE * * *

It has been brought to my attention that after he took all that flak the other night for saying the feds shouldn’t have the power to force people to do business with people they don’t want to associate with, Rand Paul issued a statement yesterday morning saying he would never, ever try to repeal the Civil Rights Act. By late afternoon, he’d issued another statement saying that he would’ve voted FOR the Civil Rights Act of 1964.

He should’ve simply told the media that he believes in freedom, and if you don’t like it you can go to hell. Period.

While his apologetic waffling is somewhat disturbing, I still say that Rand Paul has redeeming qualities that could surface should our traditional viewpoints ever reach critical mass. We’ll just have to wait and see if he proves me right.

Is America waking up? Here’s a roundup of good news!

I feel as though the anti-White bigots who have subverted our government, media, universities, and churches might have finally awoken the sleeping giant that is The Dispossessed European-American Majority.

We all know about the America First immigration law that has been passed in Arizona. As a result of Arizona’s vision and courage, many other states now stand ready to propose similar legislation in an attempt to start taking our country back.

But that’s not all!

Look below at a roundup of good news stories that I was able to compile after browsing the internet for just a few minutes this afternoon:

Arizona Bans Multilingual Requirement for Businesses

Arizona did it again! Fresh from signing a law that reinforces a federal law giving police the right to ask a person stopped by police for an unrelated matter to produce papers proving the right to be legally in the US, followed by a law banning schools from teaching minority/ethnic studies courses advocating separatism, group superiority and subversion of this country, Arizona Governor Jan Brewer signed legislation affirming that nothing in state law requires businesses to provide “trained and competent” interpreters when a customer comes in speaking a language other than English.

Diversity Policy Tossed in North Carolina

RALEIGH — With the school board’s vote Tuesday night to end its diversity policy, Wake County began a politically bruising slog to divide the county into community school zones.

Rand Paul wins; Arlen Specter voted out

The Jewish media has been dismissive of the Tea Party movement from the start. They denied it media coverage. They pretended that it was a fringe movement. They didn’t even get the message when the first couple Democrats got picked off in special elections. The first cluster of primary results on May 18th have just come in, and it’s great news. A long-time closet liberal Jew, who hid in the Republican Party for decades voting for gun control and Amnesty, Arlen Specter, lost his primary race after switching to the Democrat Party, and the son of Ron Paul, Dr. Rand Paul has just won the Republican primary in Kentucky. This is one of the worst set backs for the enemy in decades, and this is only the beginning.

The biggest primary victory in 2010 is yet to come. That will come on August 26th when the despicable traitor, John Amnesty McCain will face his political Judgment Day. McCain is running against a real conservative who has been endorsed by the Minutemen. A Rasmussen poll on April 16th showed McCain only 5 percent ahead of his primary rival J.D. Hayworth. Hopefully the primary in Arizona isn’t stolen by hacked Diebold machines and other vote thievery as was the Republican presidential primary in 2008.

It’s long overdue that McCain is thrown on the trash heap of history. If McCain can go from a presidential candidate to an out of work old man in just two years, that will be an incredible demonstration of the power of the Tea Party movement and solid proof that things can be changed in America. The Tea Party by the way is just the beginning. The real revolution is building up in the wake of the Tea Party movement, and it will be radical beyond a liberal’s worst nightmare.

Tennessee Considering Copy-Cat of Arizona’s Anti-immigration Law

This bill is just the first targeting immigration reform in Tennessee, and more are planned to be introduced in January. As many as 10 other states are considering legislation similar to Arizona’s SB 1070.

Oklahoma Shoots for “Arizona-plus” Immigration Bill

(May 20) — The spotlight on hard-line immigration laws could swing east from Arizona next week, when lawmakers in Oklahoma deal with proposals that include making it a felony for illegal immigrants to own a toy gun.

Another provision expected to come to a vote before the Oklahoma Legislature session ends May 28 would allow state authorities to seize businesses or property from people who knowingly employ, transport or harbor illegal immigrants, said Rep. Randy Terrill, chairman of the Public Safety and Judiciary Committee in the Oklahoma House.

“If you get caught with a van-load of illegal aliens and you are transporting them to a job site, the van would be subject to seizure,” Terrill said in a phone interview with AOL News this week.

Terrill called the Oklahoma measures “Arizona-plus,” but added that he would like to see the Arizona measures in his state in the future.

“I’m very interesting in mirroring what has been done in Arizona,” he said.

And there are so many other similar stories out there!

The Political Cesspool Radio Program has long been the voice of the American Right. After years of dedication and hard work on our part, Americans are beginning to see the light and let their own voices be heard!

Should we rise and unite as one, there could be a day of reckoning in this country that is long overdue.

Be sure to tune in to our next live broadcast this Saturday at 6:00pm Central Time as we discuss these issues and more!

Ray Stevens on illegal immigration!

I’ve been a fan of Ray Stevens for a long time. He’s a Southerner, born in Georgia, and is obviously a plain spoken gentleman with a lot of common sense, much like those listeners who make up the audience of our radio program.

Well, Ray Stevens has decided to make a new song about the immigration debate and it’s just great!


Life in Memphis (and America)

I’ll never understand why Elvis moved out west. There’s never a dull moment here in Memphis, thanks to Diversity! Watch this video to see what I mean. A local TV station is doing a live interview of a County Commissioner when an Obama supporter walks right up and accuses the honky of “messin’ with him”, and then tells him to “keep your *&^$in’ mouth closed.” He then comes back and gets right in the guy’s face and demands two dollars. When the politician tells him he doesn’t have it, the Obama supporter tells him he’d better have it tomorrow, or “I’m gonna kick your *ss.”

He later apolomogized to another TV reporter who tracked him down.

Of course, there have been no charges filed against him, even though he’s been identified by name and it’s been over a week since tens of thousands of people saw him on TV threatening another man with bodily harm if he didn’t fork over some money, which is assault and/or extortion.

But it’s not a crime for a black person to threaten a white person. All white people are racists, and deserve being abused and threatened by blacks.

Of course, if you’re a white man, and you mail a piece of rope to a black person, that’s an entirely different story. That’ll cost you about five years in prison.

Content of their character my #*&!

Here’s a little thought experiment. Consider two tables of diners at a restaurant:

The first table consists of a white man and his wife. He works hard, obeys the law, takes the family to church every week, gives to charity, etc. His wife is a stay at home mom who also volunteers several hours a week at the local hospital and Humane Society. It’s their anniversary, so they’ve left the kids with the grandparents and are at the restaurant to celebrate.

The second table is also composed of two people. One is a white drug dealer, who’s been in and out of prison, and is currently awaiting trial for beating up his girlfriend. His dining companion is a black pimp, who spent several years in prison for armed robbery, and is awaiting trial for his prostitution related activities. They’re meeting at the restaurant to make plans for beating up one of his whores to prevent her from testifying against him.

Now, of these two dining parties, which one should be charged more for their meal?

Well, a bunch of Christians and restaurant owners in Jackson, Mississippi think the white couple should pay much more for their meal than the drug dealer and pimp. Because their dining party is all white, while the drug dealer and pimp’s table is “diverse.”

Discount offered for racially diverse dining

JACKSON, MS (WLBT) – Thirteen restaurants around the metropolitan Jackson area are taking part in Mission Mississippi’s “Two & Two Restaurant Days” on Tuesday and Thursday of this week.

Those who eat at participating restaurants for lunch and/or dinner will receive a 22-percent discount on their meal if they dine with someone of a different race.

If you live in Jackson, MS, or anywhere in the vicinity, here’s a list of the participating restaurants. If I lived there I’d call and give them a piece of my mind, and tell them I’d never be eating at their restaurant again if they think it’s their job to punish white families and friends by charging them higher prices in the name of social engineering.

Basil’s (downtown)
Bon Ami
Broad Street Baking Co.
Foodies (dine-in only)
High Noon Cafe (at Rainbow Whole Foods)
Koinonia Coffee House
Primos Cafe (both locations)
Sal & Mookie’s
Two Sisters Kitchen

Why they hate Arizona

Columbus, Ohio has joined the list of cities that are boycotting Arizona, and the list is expected to keep getting bigger.

Columbus, Ohio Mayor Michael Coleman won’t let workers under his direct control travel on the city’s dime to Arizona as a protest to that state’s controversial new immigration law
Spokesman Dan Williamson said the mayor banned all city-funded travel to the state for those working in his cabinet. The ban is in response to the passage of Arizona’s Senate Bill 1070, which gives police broad power to detain anyone suspected of illegal residency and makes failure to carry immigration documents a crime.

Proponents have called the Arizona measure a step forward in filling an enforcement gap left at the federal level. But opponents, Coleman among them, have denounced the move as discriminatory toward Hispanics regardless of their residency status.

“The mayor thinks this law is un-American and this is his way of taking a stand against it,” Williamson said.

Major U.S. cities, such as Los Angeles and Seattle, have taken similar steps to demonstrate disapproval of the Arizona law. Seattle City Council passed a measure this week that blocks travel to the state and prohibits new contracts with Arizona-based companies.

It’s now “un-American” to enforce immigration laws in America? Amazing.

The real reason all these cities are boycotting Arizona is because what Arizona is doing is good for white people. Anything that’s good for white people is evil, since white people are evil, and anything that’s good for non-whites is good, because non-whites are good. Since the illegals are brown, it’s wicked for Arizona to attempt to stop them from flooding the state, even if illegal immigration is a crime. When you understand this – if something is good for white people it’s bad, and if it’s bad for white people, it’s good – a whole bunch of seemingly insane things going on in America start to make sense. Arizona is being attacked because it’s an act of white people refusing to sit back quietly and do nothing as illegals turn it into a majority Hispanic state.

Now, if you think I’m wrong, then tell me this. If Arizona were bordered not by Mexico, but by South Africa, and instead of brown Mexicans, it was tens of thousands of South African whites who were pouring into the state to flee the rampant lawlessness there, does anyone believe for a minute that all these pundits, celebrities, organizations and local governments would be attacking Arizona? Of course they wouldn’t; they’d be praising the state for “doing the right thing”. Of course, that’s just a fantasy, because if millions of white people were illegally immigrating to the US, the federal government would have cracked down on the borders and built a real fence a long time ago.

The reason nothing is done about illegal immigration on a federal level isn’t that it would be “too hard” or “inhumane” to protect our borders. The reason is that TPTB, both Democrat and Republican, “conservative” and liberal, want the invasion to continue. They want to see America’s majority white population replaced by brown and black people, and the sooner the better.

Phil Jackson denounced as racist!

LA Lakers coach Phil Jackson is being denounced as a racist for his support of SB 1070 in Arizona. Protesters are demanding that he “stop the hate” and denounce Arizona for passing their recent law cracking down on illegal immigration.

A small but spirited group of activists, outraged at comments by Lakers coach Phil Jackson that seemed to back Arizona’s controversial new immigration law, rallied Monday outside Staples Center in downtown Los Angeles before the playoff opener against the Phoenix Suns.

“The way we look at it, Phil Jackson is supporting the Arizona law,” said Mario Gonzalez, a longtime Lakers fan and rally organizer. “That’s surprising. It caught us off guard. We want to find out where the team stands on the law.


But his words did little to mollify about three dozen protesters, some of whom waved signs and banners that said, “Phil say no to Racist Az. Bill” and “Los Lakers. Stand up! Speak out.”

Others banged on drums as activists shouted: “Phil Jackson, stop the hate!” and “Lakers si, Phil Jackson no!”

Suspect in attempted murder captured after 14 years


Where else? Chuck E Cheese! Where America Goes To Celebrate Diversity!

BERKS COUNTY, Pa. — A man on the run for 14 years was picked up by police in Berks County.

Adolfo Arias, 36, was wanted in Alaska in an attempted homicide.

Police got a tip that he would be at a birthday party at Chuck E. Cheese in Spring Township.

Investigators found him at the party and took him into custody.

Arias is in Berks County Prison awaiting extradition to Alaska.

No matter what white people do, it’s racist

No matter what white people say, think, or do, it’s “racist.” That’s because all white people are “racists”, because “racist” simply means white person. Technically, “racist” has two definitions – when liberals use the word, they mean “any white person who’s not as left wing as I am”, but when non-whites use the word, they mean “white person.” Liberals love to think that by attacking conservative whites as “racists”, they’ll get a pass from Jews, blacks, Hispanics, etc. But they don’t. When these groups use the word “racist”, they mean “white person.”. They’ll tolerate white liberals as useful idiots who can be used for political advantage, but white liberals are still white, so they’re “racists”, too. One white person can do something and get called “racist” for it, while another white person can do the exact opposite, and he’ll be called “racist” too.

Need proof? Just turn on the TV or read the paper any day of the week. But here’s one example of how the word “racist” is tossed at white people no matter what they do. Back in 2006, there was a controversy about singer/songwriter Stephin Merrit. I’d never heard of him until the controversy, but apparently he’s a well respected musician. By some folks, anyway…in 2006 a black music critic for the New Yorker started denouncing Merritt as a “racist”. Why? Because he doesn’t like rap. That’s a pretty serious charge to make, and a critic for the New Yorker is a pretty serious person to be making it. This wasn’t some fringe lunatic calling Merritt a racist.

So – not liking rap makes a white person racist. Got that?

Cut to 2010. Toyota has a new commercial for its minivan, and the ad is being denounced as “racist.” Why?

Because it features white people rapping!

Think you’ve lost your cool because you covet a minivan? A new Toyota commercial is attempting to take away the “soccer mom” stigma with a video campaign that features parents rapping about all the mundane aspects of parenthood … and their love for their Toyota 2011 Sienna minivan.

The campaign is a departure for Toyota (and from traditional advertising) — so much so, in fact, that critics are labeling the ad racist.

Christine Huang, head of cultural trends at Globalhue, an ad agency specializing in campaigns that target minorities, complained that the ad is offensive. “White people acting, dancing and rapping like rap stars, mocking this culture that so contrasts their own. What a hilariously clever twist,” said Huang.

I see.

So, if a white person doesn’t like rap, he’s a racist.

And if a white person likes rap and actually performs it, he’s a racist, too.

It doesn’t take an advanced course in logic to draw the inescapable conclusion – whatever white people do, they’re racists. Because “racist” simply means “white person.”

At this point some liberal is no doubt reading this and going, “oh, come on, the people in the ad are mocking black people by mimicking the worst stereotypes of gangsta rappers, so this is totally different and has no relevance to the Stephen Merritt controversy. You’re comparing apples and oranges.” And, as usual, the liberal will be dead wrong – read the article about Stephen Merritt, and you’ll see that one of his reasons for not liking rap is that it glorifies ugly stereotypes of black people. And he got called a racist for that. So it’s not apples and oranges at all. It’s apples and apples.

Besides, gangsta rap is totally ridiculous, and it should be made fun of, as even this mainstream website points out:

…the joke here is that there’s no black people in the ads. It’s a modern take on blackface or “minstrelsy,” as Huang puts it.

Or is it? These ads aren’t supposed to be viewed together. They’re supposed to be seen in isolation, or at least at random. Judging them without context seems unfair. And the context here is the aforementioned ubiquity of rap and hip hop. It’s the dominant music of the last two decades. A majority of hip hop sales are to white people. The artists may be black, but the culture is mainstream American.

Hip hop is therefore ripe for parody in just the same way that everything that becomes successful is, whether it’s Goldman Sachs, Tiger Woods or The Real Housewives of New Jersey. To argue that hip hop should be off limits from mockery would accord it a victim status that it doesn’t deserve — hip hop rules pop music. Besides, hip hop has plenty of spoof-provoking material. These ads aren’t funny because they mock black people, they’re funny because they mock a small number of performers who want us to take them seriously when they celebrate drug dealing, killing and prostitution.

Word to yo mama!

Here’s the ad, and below it, a whole bunch of other “racist” ads.

Still think you’re living in a free country?

Then you’re simply not paying attention. Freedom was outlawed a long time ago, with the passage of “civil rights” laws. Last year in Pennsylvania, a private swim club agreed to let a liberal group bring some inner city kids to the pool for the day. When they got there, it turned out that they had brought far more kids than they had initially talked about, and many of them were unruly. So they told the group they would have to leave, and refunded their money. In a free country, that would be the end of the story – a private business could decide who’s allowed on their property and who isn’t, and it wouldn’t be anyone else’s business. But because the swim club was all white, and the kids were black and brown, they didn’t have the freedom to ask them to leave for everyone’s safety. A Jewish attorney promptly sued them in civil court for violating the “civil rights” of the kids, and then the Department of “Justice” sued them for violating the “civil rights” of the kids, and then the state of PA human rights board went after them, too. The club had to pay so much in legal bills defending their alleged “freedoms” that they went bankrupt. They had to sell the club at an auction the other day as part of the bankruptcy, and you can probably guess who the proud new owner is. Yep, a local synagogue. Probably the one the attorney who sued them attends…

The Philadelphia-area swim club which 56 Black and Latino children were barred from attending last year was sold at a bankruptcy auction on May 13 to a nearby synagogue, after legal bills racked up in its defense of the incident left it broke.

The Huntingdon Valley Swimming Club was sold for $1.46 million to Congregation Beth Solomon of Northeast Philadelphia. Vlad Tinovsky, the synagogue’s attorney, did not say what the club would be used for.

“The congregation is very excited, but we are not yet sure how we intend to use it. We would like to use it within its existing recreational and educational nature,” Tinovsky told CNN.

On June 29, children from Philadelphia’s Creative Steps day camp visited the swim club on what was to be the first of a series of arranged swimming trips. When club members, none of whom where Black, complained, the deal with the day camp was rescinded and the day camp’s $1,950 payment was returned.

The swim club said the deal was rescinded due to safety and crowd control, not the racial makeup of the day camp, but by then a public furor had already begun.

As a result, the club was hit with lawsuits from the family of one child and the Justice Department, as well as a state Human Relations Commission investigation. The legal bills associated with the lawsuits left the swim club broke.

Out in Arizona, things are just as bad. If you’re white, you have no “freedoms” the law is bound to respect. Sixteen illegal aliens are suing an Arizona rancher, demanding 32 million dollars for “violations of their civil rights” as they tried to sneak into the country. He caught them and held them at gunpoint until the Border Patrol showed up to arrest them. In a sane country, Roger Barnett would be a national hero, but we don’t live in a sane country, and now he has to go to court to defend himself against a lawsuit by foreigners who were trying to invade our nation! And a federal judge actually agreed to hear the case, saying that foreigners trying to sneak into the country have every right to sue an American citizen who stopped them. Of course, they do – they’re brown, he’s an evil white man. Case closed.

An Arizona man who has waged a 10-year campaign to stop a flood of illegal immigrants from crossing his property is being sued by 16 Mexican nationals who accuse him of conspiring to violate their civil rights when he stopped them at gunpoint on his ranch on the U.S.-Mexico border.

Roger Barnett, 64, began rounding up illegal immigrants in 1998 and turning them over to the U.S. Border Patrol, he said, after they destroyed his property, killed his calves and broke into his home.

His Cross Rail Ranch near Douglas, Ariz., is known by federal and county law enforcement authorities as “the avenue of choice” for immigrants seeking to enter the United States illegally.

Trial continues Monday in the federal lawsuit, which seeks $32 million in actual and punitive damages for civil rights violations, the infliction of emotional distress and other crimes. Also named are Mr. Barnett’s wife, Barbara, his brother, Donald, and Larry Dever, sheriff in Cochise County, Ariz., where the Barnetts live. The civil trial is expected to continue until Friday.

The lawsuit is based on a March 7, 2004, incident in a dry wash on the 22,000-acre ranch, when he approached a group of illegal immigrants while carrying a gun and accompanied by a large dog.

Attorneys for the immigrants – five women and 11 men who were trying to cross illegally into the United States – have accused Mr. Barnett of holding the group captive at gunpoint, threatening to turn his dog loose on them and saying he would shoot anyone who tried to escape.

The immigrants are represented at trial by the Mexican American Legal Defense and Educational Fund (MALDEF), which also charged that Sheriff Dever did nothing to prevent Mr. Barnett from holding their clients at “gunpoint, yelling obscenities at them and kicking one of the women.”

In the lawsuit, MALDEF said Mr. Barnett approached the group as the immigrants moved through his property, and that he was carrying a pistol and threatening them in English and Spanish. At one point, it said, Mr. Barnett’s dog barked at several of the women and he yelled at them in Spanish, “My dog is hungry and he’s hungry for buttocks.”

The lawsuit said he then called his wife and two Border Patrol agents arrived at the site. It also said Mr. Barnett acknowledged that he had turned over 12,000 illegal immigrants to the Border Patrol since 1998.

In March, U.S. District Judge John Roll rejected a motion by Mr. Barnett to have the charges dropped, ruling there was sufficient evidence to allow the matter to be presented to a jury. Mr. Barnett’s attorney, David Hardy, had argued that illegal immigrants did not have the same rights as U.S. citizens.

Just keep watching Fox News, conservatives, and singing that stupid Lee Greenwood song! One of these days you’ll realize what’s happening, but by then it will be too late.

The time to wake up is now!

Max Keiser- Economic collapse near!


21 May 2010 by Staff 3 Comments

From Reuters:

A measure of future U.S. economic growth fell to a 35-week low in the latest week, indicating a slowing of the recovery, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index slumped to 127.3 for the week ended May 14 from 132.0 the previous week.

That was the lowest level since Sept. 11, 2009, when it stood at 127.0. The index’s annualized growth rate fell to a 43-week low of 9.0 percent from 12.2 percent a week ago. That’s the lowestlevel since July 17, 2009, when it stood at 8 percent.

“With WLI growth sinking further to a 43-week low, U.S. economic growth is set to start easing in fairly short order,” said Lakshman Achuthan, managing director of ECRI.


The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.


21 May 2010 by TPC 64 Comments

Does the USA need to fear those dreaded bond market vigilantes?

“Remember the bond market vigilantes, that frightening band of financial marauders who once roamed the earth like a fearsome herd of Tyrannosaurus rex? They were so scary that in February 1993, as President Bill Clinton struggled to reduce the federal budget deficit, James Carville quipped that he wanted to be reincarnated as the bond market so he could intimidate everybody.

Well, they’re baaack! Not in the United States, though. Here, the Treasury Department continues to borrow brobdingnagian sums of money at extremely low interest rates—about 3.5% for 10-year Treasurys and under 1% for two-years lately—even though everybody knows that the federal budget deficit is on an unsustainable path toward the stratosphere. (Could it be that not everybody knows?)”

Alan Blinder, WSJ May 20, 2010

Can you hear it?  That drum beat?  I can.  It’s growing louder.  It’s those evil bond vigilantes and they are on the attack.  They’ve attacked Greece, they’re attacking Portugal, they’re attacking Spain and the USA is next on their radar.  As Paris Hilton might say – “we are, like, so totally screwed”.  Or are we?

There is an earth shattering shriek coming from a certain group of market participants.  The hyperinflationists are at it again.  They’ve been undeniably, horrendously, atrociously wrong for 25 years, but this is their day in the sun.  It’s finally coming.  Hyperinflation is on the horizon.  And that means the bond vigilantes are going to attack the USA and bring the great American empire to its knees once and for all.  We will be crushed for our reckless behavior!  All of this “money printing” and reckless deficit spending is the end of us.  It’s time to call up the funeral parlor and make an appointment.  Uncle Sam has one foot in the grave and the other is being tugged on by a bond vigilante.

The only problem is, there is no inflation.  In fact, we’re on the verge of a deflationary relapse.  Also, there are no bond vigilantes in the USA.  Interest rates keep dropping like a stone in water.  So what is so wrong here?  Why are the hyperinflationists wrong again?  Peter Schiff says the dollar is done for.  Nouriel Roubini has been saying for almost two years that bond yields could spike as “unsustainable” deficits get attacked by the bond market.  Alan Blinder, (a former vice chairman of the Federal Reserve and Chief Economic Advisor to Bill Clinton) says we are on the verge of becoming the next Greece as our debts pile up and drive us towards eventual extinction.  All three men have been and continue to be fantastically wrong. Why are Peter Schiff, Nouriel Roubini and Alan Blinder and the other “bond vigilante” fear mongerers so wrong?  In large part, because they don’t understand how the monetary system works.  Roubini was recently quoted saying:

“if [the US government] maintains large budget deficits, bond market vigilantes will punish policymakers. Then, inflationary expectations will increase, long-term government bond yields would rise and borrowing rates will go up sharply, leading to stagflation.”

Those damned “borrowing” rates.  Unfortunately for Mr. Roubini, the United States government doesn’t fund its spending via the bond market.  NOT ONE PENNY.  China is not our banker.  Neither is Japan.  And neither is the private sector.  The government bond market is a monetary tool.  A remnant of the failed gold standard.  Nothing more.  It funds nothing.  I’ve shown this ad infinitum in recent months (regularly readers probably hate me by now – I apologize profusely for putting you through this), but I can’t stress how important this fact is.

Commentators like Mr. Roubini and Mr. Blinder are obviously very influential people.  Unfortunately, their understanding of the monetary system is antiquated neo-liberal hogwash and it is helping to drive this country and the global economy into ruin.  We are not Greece.  Not even close.  If anything, we are Japan, who coincidentally, has met with NOT ONE bond market vigilante in 20 years despite persistently high deficits.

I’ve repeatedly shown how there is no solvency risk in a country who is the monopoly issuer of the currency in a non-convertible exchange rate system.   I’ve also shown how large budget deficits are unsustainable (anyone who thinks I am optimistic about the economic outlook is not a regular reader).  But most importantly, the only real risk of large deficits is inflation.   But I’ve also shown that there is no risk of inflation in the current environment.  Consumers are still deleveraging, there is ZERO wage growth, very low borrowing demand, low capacity utilization, high output gap, climbing unemployment, low aggregate demand, low cost push inflation – not exactly a recipe for inflation.  In fact, not even close (Japan should be coming to mind once again).  So, is the high deficit a concern?  You bet.  Is it going to be the demise of our country?  Only if we misunderstand it (which is the path we are currently on).

It’s time for someone to stand up and silence these men who are nothing better than ignorant fear mongerers.  Half of them are broken clocks and the other half have made a life out of scaring people.  In the meantime, they’re on an endless campaign to convince the population of the United States that we are all bankrupt and the country is about to get flushed down a New York City urinal.  The facts say they are undeniably wrong.  They keep saying inflation is right around the corner and it keeps on not showing up. If your portfolio has been positioned for inflation in recent weeks you’ve been crushed just like you were in 2008 – despite this (supposedly) “different” return of the credit crisis.

If we want to become Greece I recommend that the Obama administration continue taking advice from men who have failed to revive this economy and have done nothing to increase aggregate demand or reduce unemployment despite nearly TWO FULL years at the helm.  If we want to become Greece we should impose harsh austerity measures and raise taxes.   Sounds great doesn’t it?  The Greek citizens obviously love it.

Please pardon my unusually unreserved temperament here, but we are talking ourselves into a second Great Depression.  We are confronted with an enormous task ahead of us.  I still believe most investors are underestimating the gravity of the situation here.  As I’ve hammered on for two years now, the credit crisis never actually ended.  The private sector never fully recovered.  The government was never ready to hand off the baton.  The recent turmoil in Greece will only exacerbate our problems.

Even worse, I now highly doubt that President Obama will survive the Great Recession.  This is a great tragedy in my opinion as it has the potential to crush the hopes of millions (and this is coming from a registered Republican!).  Hope is fading as we are talking ourselves onto the ledge because we don’t understand the fundamental differences between the highly flawed EMU and our own monetary system.  We cannot talk ourselves into a second Great Depression just because of the ignorance of influential economists and politicians.  It’s time for someone with some confidence to stand up and show the American people that they understand our monetary system.  And it’s time for the fear mongering hyperinflationists to sit down, close their mouths and stop attempting to scare everyone into believing that the United States is the next Greece.  Nothing could be farther from the truth.

The Tyrannosaurus Rex is extinct.  It’s time to put this neo-liberal economic thinking into extinction as well.  If not, it will be the extinction of the once mighty USA that young Chinese boys and girls read about in the history books.

The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.


22 February 2010 by TPC 4 Comments

Insider selling soared 17% for the week ending February 20th and hit a new 2010 high.   Total buying also picked up, but remains near historically low levels.   Total selling reached $956MM while buying totaled just $96.3MM.  Insider buying has been unusually low throughout the rally as economic fundamentals remain questionable.  Recent signs of recovery have done little to encourage insiders to invest their personal dollars in their own companies.

There were no notable purchases this week.  On the sell side, large sales from CFO’s are also interesting.  In this week’s report we saw large sales from the CFOs of Netflix and Walter’s Industries.  Arguably, there is no one more familiar with corporate financial condition than the CFO so we always take notice of insider sales by CFO’s.  All notable sales are attached:


Notable selling:


Source: Finviz