UK ‘Cult of Mark Carney’ Max Keiser and Stacy Herbert with Simon Rose

Max Keiser and Stacy Herbert discuss how the 'cult' of Mark Carney is leading to food inflation, as well as housewives outstripping inflation. Meanwhile, George Osborne's welfare reforms see £11.8 billion 'saved' from housing benefits, while £12 billion of taxpayer money is set aside to subsidize mortgages of up to £600,000 for the second phase of the Help to Buy scheme. In the second half of the program, Max talks to Simon Rose of SaveOurSavers.co.uk about forward guidance, real inflation, and George Osborne's speculative schemes.

"Jesus should have a right to face his accusers." - Mr. Deity and the Hat

misterdeity: Joseph Smith Junior teaches Mr. Deity how to translate ancient languages.

'Men Who Love Sluts...' YEG Speaker's Corner Ryjin Vander Hoek

Doug Brinkman: Vander Hoek shares ideas and solutions for a local "men's rights" activist group who declared publicly "We Love Sluts!" in Churchill Square during SlutWalk rally, protest and march of about 100 women and men from the Alberta Legislature.

China: The urbanization fallacy

By Michael Pettis:  The latest default bull argument supporting higher levels of growth in China than I believe possible is the urbanization argument. Beijing is planning another major urbanization push, and according to this argument China can resolve the problem of wasted investment by investing in the urbanization process, that is it can engage in a massive investment program related to the need to build infrastructure for all the newly urbanized. Here is the Financial Times on China’s urbanization policy:

Li Keqiang, the country’s recently appointed premier, has vowed to put urbanisation at the core of his economic and social agenda. Government departments are drawing up a set of policies, expected to be announced this year, that are intended to guide more than 100m rural citizens into cities over the next decade.

The prospect of a concerted push for urbanisation is viewed with excitement by everyone from mining companies to property developers and local officials to stock brokers. As China’s growth slows, they hope the urbanisation campaign will give the country a boost. They are counting on it to unleash a fresh wave of investment, create a vast body of consumers and ultimately propel China past the US as the world’s biggest economy.

China, which is already highly urbanized for such a poor country, is determined to urbanize further, and Beijing plans to move hundreds of millions more people out of the countryside and into the city.

Banana Republic Britain, wilfully blind to corruption

Prince Andrew does not believe in tackling corruption. Picture via CS Monitor

By Ian Fraser: You may remember that, back in November 2010, it emerged that a “cocky” Prince Andrew appeared to welcome and endorse bribery and corruption — or at least that he abhors those who would seek to get in its way, including anti-corruption regulators and investigative journalists (by the way, we only know this thanks to the efforts of the recently convicted U.S. army private Bradley Manning, WikiLeaks and The Guardian).
In an October 2008 U.S. embassy cable Tatiana Gfoeller, the U.S. ambassador to Kyrgyzstan, revealed that during a 2008 engagement at a hotel in the central Asian republic’s capital, Bishkek, a “rude” Prince Andrew — who for some inexplicable reason is a UK trade representative — attacked the Serious Fraud Office for what he called “idiocy”.
In the cable Gfoeller wrote: “Rude language à la British … [Andrew] turned to the general issue of promoting British economic interests abroad. He railed at British anticorruption investigators, who had had the ‘idiocy’ of almost scuttling the al-Yamama deal with Saudi Arabia.”

UN chief criticizes murderous Israeli regime

UK BANNED Press TV: UN Secretary General Ban Ki-moon has criticized the apartheid Israeli regime for its continued illegitimate settlement activities in the occupied Palestinian territories.

The UN chief made the remarks during a joint news conference with Israeli Prime Minister Benjamin Netanyahu on Friday.

“The [Israeli] prime minister knows that occupying Palestinian land is not the long-term solution to Israel’s regional challenges,” he said.

On Thursday, Ban met with acting Palestinian Authority chief Mahmoud Abbas in Ramallah, where he expressed serious concerns about Israel’s illegal settlement activities on Palestinian lands.

"I am deeply troubled by Israel’s continuing settlement activity in the (occupied) West Bank, including East Jerusalem (al-Quds)," Ban said.

Misandrist: Orange is The New Black‘s Creator Doesn’t Seem To Be a Big Fan of Men…

Jenji Kohan probably didn't have a date to prom...

By Becky Graebner: Growing up, little girls aren’t huge fans of little boys. They tend to be sticky, they smell, and they are usually annoying: stomping on sand castles and flushing Barbies down the toilet. However, there’s a serious transformation in the way girls view boys as they both age — eventually, we realize they aren’t all that bad.
At age five, little girls are convinced that boys have cooties and the precocious kindergartener starts to believe that her sex is superior to boys: girls rule, boy drool. However, by fourteen, girls are pouring over magazines, reading about how to do their hair, makeup, and act around young men they may find “cute.” Pictures of Leonardo DiCaprio decorate their walls…he’s SO “dreamy.”
By college, girls have just as many male friends as female friends and they’re even starting to think about marrying a guy (if that’s their preference). At this point, girls have come a long way from their cootie-adverse days in pre-k. Men… they’re alright — they aren’t all jerks.
Despite this usual change of heart regarding boys — and the natural admission that your brother isn’t ALL that bad — it seems like Jenji Kohan, the writer/creator of Orange is the New Black, decided to glaze over the positives of men and chose to write all of the show’s male characters as loser-lying-creepy manipulators.

How a Western cultural revolution handed power to the inhuman core of humanity

The Slog: In the mid 1980s, when everyone believed a new paradigm of eternal richesse, sagesse and largesse had arrived, the Conservative Government deregulated the City of London – a model followed to a greater or lesser extent by bourses around the globe in short order. Before this, Ronald Reagan had slashed top-rate taxes and cut Government budgets during his two terms, leaving Americans with a booming economy, an unfading affection for him…and an enormous public debt. Margaret Thatcher’s Government was still halfway through a cultural Putsch whereby almost every public weal service was privatised – followed by market flotations that bribed electors with shares. She was also selling off council houses – to their residents – at an astonishing rate and a knockdown price.
Within ten years, the ideas of public duty and mutual savings institutions were considered archaic: soon the State would whither away entirely, responsibility would be handed back to citizens, and everything would be a decisive market. Even the NHS was getting its own internal market. And, naturally, all but three of the major building societies demutualised, floated as banks….and bribed electors with discounted (or free) share deals.

Assange: 'I am a big admirer of Ron Paul'

RT: WikiLeaks founder Julian Assange praised United States Senator Rand Paul (R-Kentucky) and his father, Dr. Ron Paul, during an interview Friday in which he said the family has been among the biggest supporters his whistleblowing group has in Congress.
Speaking from the Ecuadorian Embassy in London, Assange said during a live-streamed question-and-answer session that he is “a big admirer of Ron Paul and Rand Paul for their very principled positions in the US Congress on a number of issues.”
The Paul family, added Assange, have been “the strongest supporters of the fight against the US attack on WikiLeaks and on me.”
Sen. Paul, a devout libertarian and a rumored candidate among the Republican Party’s likely picks for presidential nominees for the 2016 election, has represented Kentucky in the Democrat-controlled Senate since early 2011. His father, a longtime congressman with strong libertarian leaning himself, served as a Republican member of the US House of Representatives on behalf of Texas until his retirement in January of this year.
“The Republican Party in so far as how it has coupled together with the war industry is not a conservative party at all and the Libertarian aspect of the Republican Party is presently the only useful political voice in the US Congress,” said Assange.
Speaking of the rift between the majority of Republican lawmakers and the libertarians more closely aligned in ethos of the Pauls, Assange said, “It will be the driver that shifts the United States around.”

Fraking UK Vicars: Now the Church is squirming in Mammon’s mire, that’s the full set

The CofE’s fracking position is another hypocritical disgrace

The Slog: Fogeys like me can remember very clearly in the 1950s who the authority figures were: those who commanded respect, and those whom no good citizen wanted to anger. They were, in no particular order, Dads, policemen, teachers, doctors, lawyers, bank managers, and vicars. Up until yesterday, only the Anglican vicar was left…Catholic priests having disgraced themselves pretty well all the way up to the Vatican. Now the vicar too is a person under suspicion, denounced as yet another money-grubber who may well have lost the plot.
In 1960, when you brought a girlfriend back to her house late after a visit to the pictures, no girl ever said, “Me Mam’ll kill me”. Dad was the fear figure. Then the feminist nutters killed the tough love Dad, and not long afterwards the Australian nationality collector Murdoch started bribing the cops. Greedy and sometimes lazy (as in ill-informed) doctors took the State shilling, lawyers began chasing ambulances and raping kids, and bank managers began overcharging, defrauding, mis-selling and short-changing their customers in the name of efficiency. Now the vicars have seen a chance to make money from fracking.

"MARIJUANA IS MUCH MUCH!!! SAFER!!! THAN ALCOHOL!!!" Gary Johnson

SaveOurLiberty

With new documents, it is now impossible to deny that the NSA has unlawfully spied on Americans

By Madison Ruppert: Despite the best efforts of the US government and some talking heads in the media, it is now officially impossible to deny that the National Security Agency (NSA) has conducted unlawful surveillance of Americans.
With the latest round of documents leaked by Edward Snowden and published by The Washington Post (after they held back the release for quite some time), the public has finally gained a glimpse into the ugly reality of the NSA’s surveillance.
The documents give the public some insight into the Foreign Intelligence Surveillance Court (FISC) finding last year which stated that the government’s surveillance breached the Fourth Amendment on at least one occasion.
The new documents released by the Post reveal that even in the agency’s own internal reviews, they found that privacy rules were broken and its legal authority was overstepped thousands of times every year since 2008.
Many of the agency’s infractions involve spying on Americans or foreign targets within the United States without proper authorization.

Why Isn't There a Demonstrably Correct Economic Theory?

By Charles Hugh Smith: Although economics doesn't recognize it, the operative phrase here is systemic injustice.

Correspondent C.G.D. recently asked what I consider a very profound question: why isn't there demonstrably correct economic theory?

"My wife has asked me a 'simple' question that I can not answer. After 2000 years, why do we not know which economic theory is correct: Keynesian or Hayek-Friedman? Surely, there is a demonstrably, statistically correct answer."

Let's add Marxism to the short list of contenders, and then consider why we have cargo-cult faiths (Keynesianism) instead of demonstrably correct models of economic behavior. 

Many others have noted the obvious, that economics is a pseudo-science rather than a real science: beneath the fancy quantification and math, economics is fundamentally the study of human behavior, and that complex mix of dynamics cannot be reduced to a tidy model that spits out accurate predictions.

The beautiful defenders of Balcombe called a "mob" by Ian Austin MP - BBC Sucks O Cocks News

The artist taxi driver

  "Labour MP Ian Austin is a disgusting git!"