Notes for Sunday – January 10, 2016

January 10th, 1776 is the day that North Carolina Governor, Josiah Martin, issued a proclamation calling on the king’s loyal subjects to raise an armed force to combat the “rebels”. This ultimately led to Colonel Donald McLeod leading the men on an assault on the Patriots that ended with fifty of his men dead and 880 captured. The Patriots lost only two of their number. Also on this day in 1976 the song “Convoy” by C.W. McCall was the #1 song on the U.S. pop charts. o o o Note to our Readers and Advertisers: We are currently updating how …




Guest Article: Federal Reserve’s “Net Worth” Collapses 33% in Two Weeks, by Simon Black (Sovereignman)

In case it weren’t completely obvious how completely screwed up the financial system is, please allow me to introduce Exhibit A: the Federal Reserve’s own balance sheet. First, we need a quick accounting background, and stay with me, because this is important. Think about your own finances. You, me, everyone… we all have assets and liabilities. Your assets might be things like cash, your house, car, baseball card collection, et cetera. And your liabilities are loans, credit card debt, et cetera. The difference between the two can be thought of as your “net worth”. Hopefully, it’s positive, i.e. your assets …




Letter Re: Hickok45

Google is a publicly traded company, acting in their own interests. Perhaps it is time to remind folks that there are alternatives to their search engine and e-mail service that are more respectful to your privacy: Startpage.com for searches. Startmail.com for e-mail. For video content providers, consider running your own website and only mirror select videos onto social media, thereby minimizing your losses if and when they do decide to exercise their vast arbitrary powers. This is the strategy employed by other popular channels, such as the Corbett Report. –ER Update: It appears that Hickock45’s channel is back up today. …




Economics and Investing:

46 Months Of Accelerating Deflation Mean Beijing Is Now Trapped – JFJ o o o Apple has dumped $100B in market value in past month – RBS o o o Items from Mr. Econocobas: Study Finds Higher Minimum Wage Hurting Youth Employment – Not sure why they needed a study to realize this…. Puerto Rico Defaults on Debt Payments – Not sure how, but this news seemed largely ignored probably due to such market volatility Items from Professor Preponomics: US News End Injustices Now, Not Later (Mises Institute) Excerpt: “We’ve been robbing from Peter to pay Paul, and Paul’s taken …




Odds ‘n Sods:

The Islamic State’s suspected inroads into America. A map showing where Federal prosecutors have charged people with crimes in connection with the Islamic State. – G.P. o o o From our friends over at the Thoughts from Frank and Fern blog: On the Brink o o o Mike Williamson, SurvivalBlog’s Editor At Large wrote in: Why did they make them look like daleks? Crime-Fighting Robots Hitting The Streets In California. I can see legitimate observation and recon uses for this in reducing crime, as moving security cameras with interactive capability for victims. My concern is that someone will decide to …




Hugh’s Quote of the Day:

“And when he was departed thence, he went into their synagogue: and, behold, there was a man which had his hand withered. And they asked him, saying, Is it lawful to heal on the sabbath days? that they might accuse him. And he said unto them, What man shall there be among you, that shall have one sheep, and if it fall into a pit on the sabbath day, will he not lay hold on it, and lift it out? How much then is a man better than a sheep? Wherefore it is lawful to do well on the sabbath …