RINO spending bill Grubers the american voter

We are so screwed.

One of the provisions of the Boehner spending bill places the full exposure of the US derivatives market on the backs of the US taxpayer (aka the FDIC).

The bill would reverse Dodd-Frank requirements that banks “push out” some of derivatives trading into separate entities not backed by the FDIC.  Ever since being enacted, banks have been pushing to reverse the change. Now, the rules would go back to the way they used to be.   source

 

boehner spending bill-wapoThe FDIC insurance fund, which  guarantees $12 Trillion customer deposits in 7500 banks across the country is around $40 Billion, after going negative in 2009, and 2010.  This is still less than the statutory 1.15 % required reserve amount.  That amount is supposed to go to 1.35 by 2020 under Dodd-Frank.  IKR!

And how big is the US Derivatives Market?  Nobody really knows.  It’s a black box.  The estimate I’ve seen is $ One Quadrillion in notional value.  Estimating the amount of cash at risk using only 1%  still leaves an exposure of $10 TRILLION, which will now be backed up by you and I.

This is just the beginning.  Now that the get out of jail free card has been issued by the RINOs, we can only expect this market to grow unrestrained, like a weed in your flower garden.  Capitalism for the bankster profits, and socialism for the inevitable crash.

This isn’t what the Republicans were elected to do.  It is not why they were given the majorities in both houses of Congress.  It a complete and utter backhand to the voters who sent a clear message, received lip service, and received a giant Gruber in return.

Get ready.  It won’t be long now.

 

Another Dead Witness

Mike Brown supporters, whipped into a frenzy by the race hustlers and communist agit-prop groups have shown that they not only condone strong arm robbery and resisting arrest, but also arson, looting, and general mayhem.

ferguson riotsIs it time to add pre-meditated murder to their list of criminal behavior?

 

Two witnesses of the Brown shooting have now been found dead under suspicious circumstances, while local authorities have not announced any leads in either case, and the press has provided minimal coverage. source

First it was Deandre Joshua who was found dead of a gun shot wound, his vehicle torched.

Now, Shawn Gray, 23, who also testified in the Ferguson grand jury has been found dead.

Happy Mr. President?

Lawyers, Guns, and Monday Open Thread

make it a good one!

Hillary: definitely a smart feller

smart-hil

Smart Power?  Is this anything like John Kerry’s Global Test?

“Smart” and “Hillary” simply don’t belong in the same sentence.  Unless you’re referring to her telephone.

Critical Infrastructure compromised by Iran

The attacks have collectively been dubbed Operation Cleaver after a string found in various malware tools used by the hacker group, which is believed to operate primarily out of Tehran.

operation-cleaver“We discovered over 50 victims in our investigation, distributed around the globe,” said researchers from IT security firm Cylance in an extensive report released Tuesday. “Ten of these victims are headquartered in the US and include a major airline, a medical university, an energy company specializing in natural gas production, an automobile manufacturer, a large defense contractor, and a major military installation.”

Other victims were identified in Canada, China, England, France, Germany, India, Israel, Kuwait, Mexico, Pakistan, Qatar, Saudi Arabia, South Korea, Turkey and the United Arab Emirates.

The attackers used publicly available attack tools and exploits, as well as specialized malware programs they created themselves. Cylance believes the team consists of at least 20 hackers and developers who support Iranian interests and were probably recruited from the country’s universities.

“The infrastructure utilized in the campaign is too significant to be a lone individual or a small group,” the Cylance researchers said. “We believe this work was sponsored by Iran.”

The type of access the hackers obtained inside various organizations and the data they stole varied widely. In the case of universities, they targeted research data, student information, student housing, as well as identifying information, pictures and passports. In the case of critical infrastructure companies, they stole sensitive information that could allow them or affiliated organizations to sabotage industrial control systems and SCADA (supervisory control and data acquisition) environments, the Cylance researchers said.

No evidence of such sabotage by the group exists so far, but Cylance believes this could be the campaign’s end goal, as retaliation by Iran for the Stuxnet, Duqu and Flame malware attacks. Stuxnet, which is viewed as the world’s first cyberweapon, is believed to have been created by the U.S. and Israel to sabotage Iran’s uranium enrichment efforts and set back its nuclear program.

“Perhaps the most bone-chilling evidence we collected in this campaign was the targeting and compromise of transportation networks and systems such as airlines and airports in South Korea, Saudi Arabia and Pakistan,” the Cylance researchers said. “The level of access seemed ubiquitous: Active Directory domains were fully compromised, along with entire Cisco Edge switches, routers, and internal networking infrastructure.”

“They achieved complete access to airport gates and their security control systems, potentially allowing them to spoof gate credentials,” the researchers said. “They gained access to PayPal and Go Daddy credentials allowing them to make fraudulent purchases and allowed unfettered access to the victim’s domains. We witnessed a shocking amount of access into the deepest parts of these companies and the airports in which they operate.”

John Kerry wants to make a deal with these people.

I guess we know now why he was so anxious to give them a six month extension on the nuke talks.

Nah, the Obama Administration wouldn’t allow themselves to be blackmailed, would they?

My Dear, Sweet Momma’s Theme Song

It has been ten years ago this day that my dear, sweet Momma went to her Heavenly reward.

Unlike five years ago, this sad anniversary didn’t ambush me.

Love you Momma.

NCAA Rushing Record Broken: The Perine Effect

I mentioned young Samaje(Sa-mah-jay) Perine(Pee-rhine) this past summer as the OU Sooners were preparing for the 2014 season.

He’s big for a RB at 5’11” and 245lbs, and also has excellent speed in the 4.4 to 4.5 forty yard dash range.

Not many had heard of the young man before his breakout game at WVU. He had offers from every D-1 school, but finally committed to OU over Bama during his Senior year of high school.

On Saturday November 22, 2014 in a driving rain at OU’s historic Owen field he set a new NCAA rushing record of 427 yards that I hope can last longer than the seven days the previous record stood.

Here are the records that he set on Saturday:
1. FBS Single-Game Rushing Record: previously held by Melvin Gordon, 408 yards
2. FBS Single-Game Rushing Record by a FRESHMAN: previously held by Marshall Faulk, 386 yards
3. Big 12 Single-Game Rushing Record: previously held by Troy Davis, 378 yards
4. University of Oklahoma Single-Game Rushing Record: previously held by Greg Pruitt, 294 yards
5. University of Oklahoma Rushing Touchdowns by a Freshman(19): previously held by Adrian Peterson, 15 TDs
6. University of Oklahoma Rushing Record In One Half: previously held by Adrian Peterson, 210 yards

It was truly an historic day, adding to the legacy of great RBs at OU, who now hold the single game rushing record in the NCAA(Perine), the NFL(Adrian Peterson) and the NFL RB with the most 100 yard games to start a season(Demarco Murray).

Congratulations to Perine, his blocking fullback Ripkowski and the entire offensive line for making this game historical.

**See also**
A fanstastic collection of photos from the day HERE.

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