7 Teenage Girls Come Home From 5-Day School Trip Pregnant

Seven high school girls from Bosnia became pregnant on a recent five day school trip to Sarajevo, their country’s capital.

Understandably, parents are furious and want an explanation for the clear lack of supervision over their children.

There are few contextual details available here. All that’s known is that the seven girls, all ages 13 to 15, became pregnant on the trip. While parents are demanding explanations for the lack of supervision, health officials in the country say the news is indicative of another problem in the country: sexual education.  Read more

MISSOURI MELTDOWN CONTINUES: CAMPUS POLICE WANT EMERGENCY REPORTS ON ‘HURTFUL SPEECH’

The campus police at the University of Missouri sent out a campus-wide email this morning asking “individuals who witness of hateful and/or hurtful speech or actions” to immediately report the incident to them.

The email did not define what constitutes “hurtful” speech but did say if anyone experiences or hears it they are immediately get in touch with cops and also provide “a detailed description of the individual(s) involved” along with the “license plate and vehicle descriptions…” Also, “If possible and if it can be done safely, take a photo of the individual(s) with your cell phone.”  Read more

Is President Obama prepared for what might come next in the South China Sea?

The Navy’s recent deployment of the destroyer USS Lassen on a “freedom of navigation” exercise in the South China Sea demonstrated that America does not accept Chinese territorial claims in those waters. Long overdue, but better late than never, the Lassen’s voyage hopefully augurs more to come to safeguard the international waters and rights of “innocent passage” through which nearly one-half of the world’s ocean commerce flows.

Nonetheless, this single mission does not yet evidence either a well-conceived U.S. strategy or the resolve necessary for a sustained effort to prevent Beijing from effectively annexing this vital, sharply contested region. China is not creating “facts on the ground,” as diplomats like to say, but is literally creating the ground itself, using small surfaces above the water to build new islands, essentially to serve as naval and air bases for Beijing’s military.   Read more

Unforgettable moments in American history

Monday, Nov. 9, 2015, marks the 26th anniversary of the fall of the Berlin Wall.

This event changed the course of the world and of European politics.

The U.S. has several unforgettable moments that caused course changes for us as a country and made each of us take a moment and reflect on life.

For those alive during each of these events, most will remember exactly where they were when they heard about the event.   Read more

The Classical Gold Standard: Debunking Leftist Propaganda

In a new podcast, Tom Woods tears apart an article from the liberal website Think Progress in which an amateur economist attacks the gold standard. Joseph Salerno (Academic Vice President of the Mises Institute) and Jeffrey Herbener (Associate Editor of the Quarterly Journal of Austrian Economics) joined Woods to counter the mainstream misconceptions of the gold standard.  Read more

Putting Income Inequality in Perspective

Debates about income inequality, “the top 1 percent,” and poverty typically examine those issues within the context of a single country. But, consider a global perspective. This web tool lets you find out which income percentile you belong to relative to all the other people in the world. If you make more than $32,400 per year, you are in the top 1 percent of the richest people in the world!   Read more

Oregon county lets sheriff ignore 'unconstitutional' gun laws, raising legal questions

Can you see a trend in America with the States standing up to the Federal Government's Fascist's moves?  I can.  And it is very encouraging to see that many still believe in the U.S. Constitution and are willing to uphold its principles.  Richard Medlock

An Oregon county has approved a controversial measure giving the local sheriff discretion to ignore gun laws he deems unconstitutional -- potentially putting the sheriff in the middle of a Second Amendment battle and raising legal questions that may have to be resolved in court. 

While overshadowed by high-profile ballot measures elsewhere on marijuana and other issues, residents in Coos County, Ore., overwhelmingly passed the gun rights measure last week with more than 60 percent support.   Read more

Obama Explains Why 'The Greatest Corporate Power Grab In History' Is "The Right Thing For America"

As president, my top priority is to grow our economy and strengthen the middle class. When I took office, America was in the middle of the worst recession since the Great Depression -- but thanks to the hard work and resilience of the American people, our businesses have created 13.5 million jobs over the past 68 months, the longest streak of private-sector job creation in history.The unemployment rate has been cut nearly in half -- lower than it’s been in more than seven years. We have come back further and faster from recession than nearly every other advanced nation on Earth.   Read more

Wholesale Inventories Have Never Been Higher Relative To Sales, Ever

Having risen to its highest level since the middle of the last two recessions, wholesale inventories-to-sales ratio remains at cycle highs at 1.31x. With wholesale sales and inventories both rising 0.5% (both more than expected), however, the absolute difference between sales and inventories has never been higher, leaving either major inventory liquidation ahead (or a miracle in sales). Wholesale inventories have now risen 4.7% YoY, as Sales have fallen 3.9% YoY. Finally, Auto inventories-to-sales ratio dropped very modestly (thanks to the surge in sales), but remains deep in 2008/9 crisis territory.  Read more

Decline and Fall of America's Working Class

One big piece of news in the past couple of weeks has been the release of a new paper by recent economics Nobel winner Angus Deaton and his co-author Anne Case. The paper highlights a very disturbing trend -- death rates are increasing for white people in America, especially for working-class middle-aged whites. The increase looks like it has been going on since the late 1990s. 

Among other American groups, such as Hispanics and blacks, mortality has fallen across all age and income groups during the past decade and a half. Death rates have also plunged in Europe and in other rich countries. Although some statisticians later found that the mortality increase was a bit less than reported in the Deaton-Case paper, even a slight increase stands in stark contrast to the decline among all other groups.   Read more

Moody's: Global Leaders Have 'Limited Room' to Fight Economic Shocks

Moody's warns that global policymakers lack the tools to deal with any unexpected negative economic shock, after years of ultra-low interest rates and high-profile liquidity injections.

The ratings agency feels that the “hoped-for growth in both developed and emerging markets has not materialized – and China, one of the main sources of global growth in the past few years, is showing worrying signs of further disappointing," CNBC explained.  Read more

Mizzou Student Body President: 'What We're Seeing Is Students Who Are Empowered...'

 It's not that racial harrassment is increasing at the University of Missouri, says the student body president. It's that black students feel more "empowered" to talk about it.

"One thing that I want people to understand is that, we are not seeing more incidents. What we're seeing is students who are empowered to speak about these incidents on their campuses around the nation," Missouri Students Association President Payton Head told CNN Tuesday morning. He spoke one day after a small protest over a few racial insults escalated to the point where the school's top administrators were forced to resign.  Read more

Obama Appeals Immigration Ruling to Supreme Court

 President Obama will ask the Supreme Court to clear the way for his long-delayed immigration overhaul, administration lawyers said Tuesday, setting up another high-stakes legal contest in the nation’s highest court over the fate of one of the president’s signature achievements.

The Department of Justice said in a statement that it will appeal a federal appeals court ruling that blocked Mr. Obama’s plan to provide work permits to as many as five million undocumented immigrants while shielding most of them from deportation.  Read more

‘TOO BIG TO FAIL’ BANKS ‘NEED’ $1.2 TRILLION

Global financial regulators Monday issued new rules that are designed to prevent a failing big bank from dragging down the entire financial system. That's what happened in 2008 when Lehman Brothers imploded, sparking the worst financial crisis since the Great Depression.

The rules call for the 30 biggest banks in the world to boost their capital cushions, the loss-absorbing cash they have to set aside for financial storms.

"The idea is to make it more expensive to be big," said Christopher Baker, a credit analyst covering banks at Morningstar.  Read more

Ex-GAO head: US debt is three times more than you think

The former U.S. comptroller general says the real U.S. debt is closer to about $65 trillion than the oft-cited figure of $18 trillion.

 

Dave Walker, who headed the Government Accountability Office (GAO) under Presidents Bill Clinton and George W. Bush, said when you add up all of the nation’s unfunded liabilities, the national debt is more than three times the number generally advertised.  Read more

   

Dems debate Clinton VP pick

Democrats are debating their party’s vice presidential candidate — months before the Feb. 1 Iowa caucuses. 

Former Secretary of State Hillary Clinton is still vying for her party’s nomination against Sen. Bernie Sanders (I-Vt.) and former Maryland Gov. Martin O’Malley, but her supporters on Capitol Hill are already weighing who should join the overwhelming Democratic favorite on the ticket.   Read more

A FIFTH OF SPAIN'S GDP JUST VOTED TO SECEDE - WHAT NOW?

Everywhere you look there are signs that Europe is coming apart at the seams. Just a month after the crisis in Greece abated, the influx of refugees fleeing the war-torn Mid-East finally overwhelmed the Balkans leading directly to border closures and precipitating a spat in Brussels regarding how best to handle the people flows. 

In short, not everyone agrees with Angela Merkel’s open door policy and indeed, Hungary’s Viktor Orban has led the push for the preservation of what he calls Europe’s “Christian heritage” by keeping asylum seekers out. Now, there’s a serious rift developing and further efforts to force recalcitrant countries to accept migrants they don’t want could well spell the end of the Schengen project.  Read more

Option Football

You quit or we don’t play. That is essentially what dozens of players on the University of Missouri football team told the president of the university. They had lost four straight games, five of their last six, including a 31-13 home loss to Mississippi State on Saturday night. But they won this one, with the New York Times reporting that

Amid a wave of student and faculty protests, primarily over racial tensions, that all but paralyzed its flagship campus  … the president of the University of Missouri system resigned Monday, urging everyone involved to “use my resignation to heal and start talking again.”   Read more

Geoengineering of our skies is already happening, admits top climate scientist

Based on a Q&A at the Our Common Future Under Climate Change conference in Paris in July 2015, James Hodgskiss of Chemtrails Project UK (CPUK) recently claimed that Professor Tim Lenton of Exeter University “conceded that the geoengineering of our skies was indeed already happening.”  Read more

Happy Birthday United States Marines

Trump vs Friedman - Trade Policy Debate

National parks fail EPA’s latest ozone mandates – but feds blame power plants

Here we go again.  The extreme environmentalist are trying to find every excuse to shut down modern technology.  Wake up people.  The government is out of control.  Richard Medlock

The EPA’s newest ozone pollution rules have placed 26 national parks – including such gems as Sequoia and Rocky Mountain – out of compliance. But to hear the National Park Service tell it, it’s not historic wildfires scorching the American West or millions of cars on the road that are to blame.  Read more

Missouri protesters try to block student reporter from taking photos

A filmed confrontation between protesters at the University of Missouri and a student journalist went viral Monday afternoon after the demonstrators, including two university administrators, attempted to block the student from shooting photographs on a public quad.

The confrontation appeared to show the protesters engaging in a clear violation of the First Amendment, since the incident occurred in a public space on the campus of a public university.  Read more

Appeals court deals hit to Obama’s immigration plan

Keeps block on plans to defer deportations for 4 million immigrants

A federal appeals court Monday upheld a lower court’s ruling blocking the Obama administration’s plans to defer deportations for more than four million undocumented immigrants.

The 2-1 decision by a three-judge panel of the Fifth U.S. Circuit Court of Appeals upholds an injunction by a Texas federal judge that has blocked President Barack Obama’s 2014 immigration initiative, after leaders from 26 states challenged its legality.  Read more

U.S. import prices decline 0.5% in October, 4th drop in row

The prices the U.S. paid for imported goods fell by 0.5% in October to mark the fourth decline in a row. Excluding fuel, import prices fell by 0.3%, the Labor Department said Tues day. The price of U.S.-made goods exported to other nations dipped 0.2% last month. In the past 12 months import prices have dropped 10.5%, owing to lower oil costs and a stronger dollar that makes foreign goods less expensive. Import prices are down a 3.2% excluding fuel during the same span.