I found this on examiner.com. Truth, staring you in the face.

Minimum wage laws cause unemployment and higher prices. They harm exactly the people they are designed to help. If someone cannot produce something worth $7.25 an hour (or whatever the minimum wage), you do not help him by making it illegal for him to work.

To paraphrase Ron Paul: the goal of improving the standard of living for Americans is certainly a noble one, but if this could be accomplished simply by passing laws which require employers to pay more money to their employees, then what is the moral justification for stopping at $7.25? Why not raise the minimum wage to $8 or $10? or for that matter why not $15 or $20 or $100?

Clearly, if the minimum wage were $100, you could imagine businesses, large and small, restructuring their production methods to favor automation, and fewer, more highly skilled employees. You can also imagine prices rising, because these means of production are less efficient. A small increase in the minimum wage has exactly the same effect, though its impact isn’t clearly discernible as unemployment numbers get overwhelmed by other factors.

“There are now 15 to 20 assaults a week here at Folsom. And while inmates used to mix with one another, Folsom today is entirely segregated by race — in the cafeteria, on the yard and in the cell blocks.

. . . .

Experts agree that the problem started when Californians voted for a series of get-tough-on-crime laws in the 1980s. The state’s prison population exploded immediately. It jumped from 20,000 inmates, where it had held steady throughout the 1960s, 1970s and early 1980s. Today there are 167,000 inmates in the system.

Jeanne Woodford was warden of San Quentin during the prison population boom.

‘The violence just went out of control,’ she remembers. ‘And then the programs started going away. I was there during an 18-month lockdown. It was just unbelievably horrific.’

California wasn’t the only state to toughen laws in the throes of the 1980s crack wars. But Californians took it to a new level.

Voters increased parole sanctions and gave prison time to nonviolent drug offenders. They eliminated indeterminate sentencing, removing any leeway to let inmates out early for good behavior. Then came the ‘Three Strikes You’re Out’ law in 1994. Offenders who had committed even a minor third felony — like shoplifting — got life sentences.

. . . .

But behind these efforts to get voters to approve these laws was one major player: the correctional officers union.

In three decades, the California Correctional Peace Officers Association has become one of the most powerful political forces in California. The union has contributed millions of dollars to support “three strikes” and other laws that lengthen sentences and increase parole sanctions. It donated $1 million to Wilson after he backed the three strikes law.

And the result for the union has been dramatic. Since the laws went into effect and the inmate population boomed, the union grew from 2,600 officers to 45,000 officers. Salaries jumped: In 1980, the average officer earned $15,000 a year; today, one in every 10 officers makes more than $100,000 a year.

. . . .

Today, 70 percent of that budget goes to pay salaries and benefits to the union and staff. Just 5 percent of the budget goes to education and vocational programs — the kind of programs that study after study in the past 10 years has found will keep inmates from returning to prison.” (Read more from npr.org)

NPR anti-union?

“Beijing is drawing up plans to prohibit or restrict exports of rare earth metals that are produced only in China and play a vital role in cutting edge technology, from hybrid cars and catalytic converters, to superconductors, and precision-guided weapons.

A draft report by China’s Ministry of Industry and Information Technology has called for a total ban on foreign shipments of terbium, dysprosium, yttrium, thulium, and lutetium. Other metals such as neodymium, europium, cerium, and lanthanum will be restricted to a combined export quota of 35,000 tonnes a year, far below global needs.

China mines over 95pc of the world’s rare earth minerals, mostly in Inner Mongolia.” (Read more from telegraph.co.uk)

See also:
Oprah Gives Out Free KFC in Most Hypocritical Move Yet

Woohoo!

I grow more and more comfortable with my conclusion that Television’s job is to tell us who to hate and what to fear, and the less we listen to them, the better.

“This should have been the lead:

The long-awaited research on the effects of calorie restriction on aging in rhesus monkeys from the University of Wisconsin and Wisconsin National Primate Research Center have just been released. It found no statistically significant difference in the number of deaths among the monkeys who’ve been eating a calorie-restrictive diet for more than 20 years compared to the monkeys who’ve been allowed to eat ad lib all day as much as 20% over their normal calories.

But that’s not what made the news, of course. Instead, we’ve been bombarded with a thousand news stories all reporting in lockstep that low-calorie diets have been proven to add years to our lives.” (Read more from junkfoodscience.blogspot.com)

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I believe the part at the end about cutting away internet freedom is definitely on the agenda of the powers that be.

“In March 1982, 25 years ago, the small town of Kennesaw – responding to a handgun ban in Morton Grove, Ill. – unanimously passed an ordinance requiring each head of household to own and maintain a gun. Since then, despite dire predictions of ‘Wild West’ showdowns and increased violence and accidents, not a single resident has been involved in a fatal shooting – as a victim, attacker or defender.

The crime rate initially plummeted for several years after the passage of the ordinance, with the 2005 per capita crime rate actually significantly lower than it was in 1981, the year before passage of the law.

Prior to enactment of the law, Kennesaw had a population of just 5,242 but a crime rate significantly higher (4,332 per 100,000) than the national average (3,899 per 100,000). The latest statistics available – for the year 2005 – show the rate at 2,027 per 100,000. Meanwhile, the population has skyrocketed to 28,189.

By comparison, the population of Morton Grove, the first city in Illinois to adopt a gun ban for anyone other than police officers, has actually dropped slightly and stands at 22,202, according to 2005 statistics. More significantly, perhaps, the city’s crime rate increased by 15.7 percent immediately after the gun ban, even though the overall crime rate in Cook County rose only 3 percent. Today, by comparison, the township’s crime rate stands at 2,268 per 100,000.

This was not what some predicted.

In a column titled ‘Gun Town USA,’ Art Buchwald suggested Kennesaw would soon become a place where routine disagreements between neighbors would be settled in shootouts. The Washington Post mocked Kennesaw as ‘the brave little city … soon to be pistol-packing capital of the world.’” (Read more from wnd.com)

“One of the most revealing things we learned this week about the war in Afghanistan came in a Los Angeles Times report headlined ‘Taliban Drug Proceeds Lower Than Thought.’

We’ve been told again and again for years on end that the Taliban were running their operations off the opium trade, clearing as much as $400 million per year. Now, a Senate Foreign Relations Committee investigation says the proceeds are closer to $70 million.

But that’s not the real news. The real news is what’s missing: If our enemies aren’t taking as much money as we thought to provide protection to the source of raw material for 90% of the world’s heroin, then who is providing that protection?

Apparently, the answer is: our friends.

The Times goes on to say:

In one of its most disconcerting conclusions, the Senate report says the United States inadvertently contributed to the resurgent drug trade … by backing warlords who derived income from the flow of illegal drugs. … These warlords later traded on their stature as U.S. allies to take senior positions in the new Afghan government, laying the groundwork for the corrupt nexus between drugs and authority that pervades the power structure today.

The cost of this may well go beyond the effect on the heroin shipments.

When we sat down this week with Amin Tarzi, director of Middle East Studies at the Marine Corps University and a native Afghan, he said that the United States has lost credibility with the Afghan populace by allying itself with warlords who have been known across Afghanistan for many years as criminals.” (Read more from npr.org)

More change we can believe in.

“President Barack Obama’s push for a national health care overhaul is providing a financial windfall in the election offseason to Democratic consulting firms that are closely connected to the president and two top advisers.

Coalitions of interest groups running at least $24 million in pro-overhaul ads hired GMMB, which worked for Obama’s 2008 campaign and whose partners include a top Obama campaign strategist. They also hired AKPD Message and Media, which was founded by David Axelrod, a top adviser to Obama’s campaign and now to the White House. AKPD did work for Obama’s campaign, and Axelrod’s son Michael and Obama’s campaign manager David Plouffe work there.” (Read more from news.yahoo.com)

“Buried in the 1,017 pages of the House Democrats’ health-care bill is a little-noticed provision that for the first time could give the government access to the checking or credit-card information of every American. Under section 163, which is entitled ‘Administrative Simplification,’ the bill sets new ’standards’ for electronic transactions between individuals and their health-care providers.

According to section 163, the standards will ‘enable the real-time (or near real-time) determination of an individual’s financial responsibility at the point of service . . . ‘ In addition, they will ‘enable electronic funds transfers, in order to allow automated reconciliation with related health care payment and remittance advice.’

What is envisioned is a ‘machine-readable health plan beneficiary card’ that, in addition to information about a person’s medical history, will contain checking-account or credit-card information, so as to allow electronic payments and, if a person is lucky, occasional remittances. Since under the proposed legislation everyone would be required to have health insurance, all Americans would have to provide this information.” (Read more from nationalreview.com)

This is HUGE!

“Just out from Bloomberg:

Aug. 24 (Bloomberg) — The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial crisis, a federal judge ruled.

This is in relation to a lawsuit filed by Bloomberg LP against the Federal Reserve on November 7, 2008, in Southern District of New York (08-09595), in which Bloomberg sought material loan and collateral data in relation to emergency loans released by the Fed, and which were previously claimed to be non-FOIAble.

This is a large blow against the Fed and specifically against organizations using FOIA loopholes from providing critical information, particularly in cases involving trillions of taxpayer dollars bailing out huge, systematically and politically embedded financial organizations (which lately is pretty much all of them).” (Read more from zerohedge.com)

The Fed owns Washington. I don’t doubt that these criminals will find a way to blow of this ruling. Hopefully, their doing so will further expose them and rally more support for Auditing the Fed.