Typical Collectivist Remark

"We are not haunted by neo-Nazis because we are a place of enlightenment. They don't read books and they don't go to exhibitions."
========
Really?

Which One?

Oleg Volk

A Hint

Oleg Volk

THE MORTGAGE FIASCO IN SIMPLE TERMS

"Here's a quick and dirty synopsis of what is going on in the US mortgage industry from everything I've read. It's an early read of the situation, and it comes with the usual caveat "I am not a lawyer," but I think it explains why many, if not most, mortgages in the US are potentially worthless scraps of paper.

The reason I spent the time to explain this, is that this could be one of the factors (along with currency wars and sovereign defaults) driving a massive financial crisis over the next year or so.

______________

Here it is"

The Ending Is Unavoidable

THE SHIP OF STATE

"David Walker was in a ship well ahead of the US Titanic crossing the Atlantic. He saw the dangerous icebergs floating in the ocean. He sent a message to the Captains (Bush, Obama) and Executive Officers (Greenspan, Bernanke, Paulson, Geithner) of the US Titianic that there was danger ahead. They should have reduced speed and doubled the lookouts. Instead they listened to the Managing Director of the cruise line (Wall Street) and increased speed. The US Titanic was unsinkable. When the inevitable collision with the iceberg occurred, those in command chose to disbelieve the possibility that the mighty ship could sink. The nearest ship was four hours away. If the US Titanic had stopped immediately after striking the iceberg, it would have remained afloat until the rescue ship arrived. Instead, the masters of the ship chose to keep going as the compartments below the surface continued to fill with water. Reputation and hubris drove them to take these actions."

Via Western Rifle Shooters Association

Some Mo' Reenactors

Oleg Volk
Black tie, red tie

Girls in their summer dresses

The United States Will Default........

........however "The United States has some very great advantages. Here are a few:

1. A tradition of entrepreneurship
2. Ease of starting a business
3. Geographical mobility
4. Occupational mobility
5. English
6. Educated labor force
7. Dying trade unions
8. Widespread literacy
9. Freedom of the press
10. Internet replacing the press
11. Widespread gun ownership
12. Growing skepticism regarding Congress
13. 50 separate states
14. Independent county governments
15. Facebook
16. Politicians who are on the defensive
17. Political gridlock in Washington
18. Talk radio
19. An escape hatch: bankruptcy laws
20. High charitable giving"

Read the rest HERE.

85% Of College Grads Move Home

"Getting a degree used to be a stepping stone to limitless career opportunities. Now it's more of a hiatus from living under your parents' roof.

Stubbornly high unemployment -- nearly 15% for those ages 20-24 -- has made finding a job nearly impossible. And without a job, there's nowhere for these young adults to go but back to their old bedrooms, curfews and chore charts. Meet the boomerangers."

Updated: Unemployment Rates By County

HERE.

The King Of Carolina Beach Music Dies

He set a million feet shuffling on the dance floor with his "Carolina Girls" and countless others rocking to his R&B breakthrough anthem "Give Me Just a Little More Time."

General Johnson, Grammy-winning songwriter and gravelly tenor who led Chairmen of the Board, died this week after a long musical career that left his indelible footprint on the world of rhythm and blues and on that Carolinas mainstay, beach music.

"He told me at times the difference between beach music and a national hit is that a national hit will be out there five or six weeks and gone," said longtime friend Chris Beachley, who operates the oldies record shop Wax Museum on Monroe Road. "He said you write a 'Carolina Girls,' and it's there forever. He was the king of Carolina beach music."
========
It Will Stand

Carolina Girls

Give Me Just A Little More Time