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Rick Santorum’s Sick and Twisted Reality(2)

*Written by Rob Rimes.

Unlike Rick Santorum, I love gay people. Hell, I have a lot of gay friends. In fact, I get pretty perturbed when someone attacks them just for being themselves. You see, despite all the dramatic and bigoted bullshit, most gay people are very forgiving with the hateful rhetoric, as they can see the forest for the trees and recognize a hate-mongering piece of shit for what it is. They can take the heat and have for decades, if not centuries and I respect that. A punk ass bitch like Santorum, well, he can’t handle any sort of heat because he is a soggy-bottomed thin-skinned piss midget that bitches, whines and cries when things don’t go his way. Well this is one of those times when that shit pigeon is going to have to sniffle like the sensitive little Tina that he is because I’m not going to be all that kind to him or to the fucking morons who casted votes in his favor. I mean seriously people, if you voted for Rick Santorum, I don’t care who you are, you are a goddamned scumbag and lower than a piece of dried up shit smeared across the belly of a cockroach crawling through a grease trap! There is a special place in Hell for all of you but realistically, Hell probably doesn’t exist so you’re going to get a free pass most likely.

Getting back to Ricky Baby, I have to mention that the nasty Bible-fucking bastard followed up three big wins on Super Tuesday with some big wins in the Deep South. Truthfully, the people of that region just proved that they are as dumb as the rest of the country thinks that they are. We would all probably benefit from a great flood in that region. I mean, spare the children, the dogs and the house cats but please wipe the rest of these people off of the face of the Earth, especially if they have a Santorum sign in front of their podunk rusty trailer. The planet would be so much better if the rest of the world didn’t have to live their lives affected by the decisions of these moronic rednecks and evangelical fear turtles. Rick Santorum’s success is proof that Americans are a mad breed of people. No, not mad as in angry but mad as in insane and ravenous! Like starving hyenas eating their own faces off because the lions have continually beaten them to the kill. To be fair, not all Americans are insane but a very big portion of them are, simply because of the fact that this guy is riding high in second place in this ridiculous Republican primary.

Now, I’ve written about this closeted cock-smuggler before but I’ve refrained from revealing the real evil stuff. I mean, this pompous pontificating pansy has done some really weird and dark shit and fuck it, I refuse to pull punches at this point because the people deserve to see the layers peeled back on this guy. Sure, the media has mentioned these things before but not at a mainstream level, except where it was to bash one of their own for putting one of these stories out there. The reason why they don’t bring this up is pretty obvious. First, the media lies and only reports on what they feel will help shape their agenda. With that being said, CNN and MSNBC don’t want this stuff out there because they would rather have a weakling cockpuppet like Santorum go against their messiah – Barack Obama in November. Fox News doesn’t want this stuff out there because they believe that Rick Santorum is actually a viable candidate and they have to protect him going into November, that is if you even remotely entertain the idea that this douche can win – unfortunately, this is still possible and nothing would surprise me at this point. Truth is, the man is sick and twisted and so is the mainstream media who have been incredibly irresponsible in not covering these horrific tales.

The first of these insane true stories may make your skin crawl, as it had a very disturbing effect on mine. Now Fox News’ own Alan Colmes reported on this and received a ton of heat from it by his colleagues and then, as quickly as this news surfaced, it was buried and shelved away. What I am referring to is an incident where Rick Santorum’s child died shortly after birth and he and his wife felt it was necessary to bring their corpse of a newborn home to show their living children. On one hand, this sounds insane, on the other hand, many people may be pissed at the mere mention of this, as they probably believe that people should be able to grieve and raise their kids in their own way. I get that argument, I do, but considering that Rick Santorum sees it necessary for the government to be in our bedrooms and in our lives, why should any of us respect his family’s privacy? Sure, this may seem like I am taking the low road but the fact of the matter is that this did indeed happen and it should be known, as this guy is running for the highest office in the land and as bewildering as it is to me, he could magically win the election – and I only say this because somehow he has gotten this far. Now I understand that the loss of a child is horrific and I’m not trying to make fun of the Santorum family or downplay the situation but these actions are strange and a little unsettling, if you can’t see why, you may need a mental examination.

However, it gets even weirder. Karen Santorum came out and talked about this incident and while I feel horrible about their loss, the next reveal really put the cherry on top of this insane sundae. She admitted that after showing the deceased infant to their living children, that she and her husband slept with it! I’m sorry, while the grieving process is hard and the loss of a child is by far one of the hardest things anyone could ever go through, this is just morbid and disturbing on so many levels. The most disturbing thing however, is how this family has often times told the story of their deceased child and their other child who has severe health issues in an effort to drum up sympathy and compassion from the voting public. They certainly don’t parade around the fact that they brought their dead child home, showed it to their children and slept with it but they do pull on the sympathy strings by continually mentioning their dead son and their daughter who nearly died and has continually had life-threatening medical problems.

Rick Santorum’s strange kid stories don’t stop there. He served on the board of directors of Universal Health Services, Inc., which is a hospital chain that was plagued with dozens of allegations of abuse during Santorum’s time on the board. These allegations include rape, neglect, patient suicides over bad care as well as murder. While all of those ghastly things are revolting and unacceptable, nothing may be more disturbing than the fact that one of these hospitals performed an exorcism on a boy suffering from autism! Hell, here is what the Huffington Post had to say about it:

Over the years, states have barred children from attending UHS facilities over safety concerns and the feds have put UHS on their radar. Department of Justice lawyers have filed two lawsuits accusing the chain of fraudulent activities. One lawsuit settled for $27.5 million. Another suit still pending in federal court in Virginia centers on a facility called Keystone Marion Youth Center.

The facility, located in Marion, Va., is a residential treatment center for troubled boys with mental-health issues. The majority of patients come from states’ child-welfare and juvenile-justice systems. The center promises stability, schooling, and clinically-approved therapies. It was also approved to accept Medicaid patients.

It did not have approval to perform an “exorcism.”

But that is what appeared to be happening in an empty room at Marion in May 2007, according to a facility teacher who passed by the room, which was occupied by at least one nurse, a supervisor, a janitor and a boy with autism. Several in the room appeared to be hovering over the boy and praying, according to the teacher, who recounted the incident shortly after to Barbara Jones, the center’s director of education at the time.

The severity of the boy’s autism left him hardly able to speak and unable to walk on his own, Jones says.

“‘They were trying to exorcise him. That’s why he had the autism, he had a demon in him,’” Jones recounted what the teacher told her to The Huffington Post. “The cleaning lady was trying to cast out the demons.”

Santorum was one of the overseers of UHS when this happened. In fact, he’d still be there sitting high if he didn’t leave to focus on his campaign. Maybe this is an extreme example but with NDAA passed and the indefinite detention of American citizens now being a reality, who is to say that this self-righteous Jesus freak won’t round up those causing dissent in an attempt to exorcise them of their anti-Santorum “demons”. This article alone might make me a prime candidate for Mr. Santorum’s special brand of theocratic cleansing. The man is mad!

With UHS’s horrific track record, I’m sure that this isn’t just an isolated incident. Considering that children have been barred from their hospitals by those more competent than UHS’s medical staff, one has to wonder if every atrocity has made it to the light of day. I’m sure if one were to dig deeper, they would find much more. Besides, you can’t tell me that Rick Santorum wasn’t aware of all of this? Why hasn’t he come forward and condemned it? Is it because he sees nothing wrong with the actions of this vile institution that he helped manage at the highest level? Is he hoping that this story won’t see the light of day? Well, the conservative media won’t run it and maybe the liberal media is just holding off on pushing this story until the time comes for them to use it more effectively – like if Ricky Baby were to actually win the nomination.

In every sense of the word, the man is sick and if you are in denial about that, you are probably just as big of a wicked bastard. I don’t feel bad about sharing this, as he has no qualms about making our privacy transparent and outlawing certain activities that many of us do in our own homes behind closed doors. When he points the finger at everyone that doesn’t share his arcane beliefs and says that he intends to force us into his box, well it’s only fair for those of us he’s speaking to to point back at him and let him know that he’s a sick fuck in his own way and he is not holier than thou. Besides, he is running for office and under a microscope – that was his choice by choosing to ride this train. Think what you will about any of this. Sure, I interjected my opinion throughout this piece but the fact that many will find it offensive, either because of Santorum’s actions or because of my reveal on things in his personal life, has proven that it is relevant and that it is necessary to see the light of day, even though you can argue against that point until you are blue in the face. The fact is, the American public has a right to know all of this and to think otherwise is ignorant and careless.

The point is, this man must not be allowed to get the Republican nomination and certainly not the chair in the Oval Office. Mitt Romney and Barack Obama are both bastards in their own right but Rick Santorum is a Bible-carrying beast that wants to breed a culture of big government religio-fascism the likes of which we’ve never seen before in this country. The blood is on all of our hands if he succeeds.

Homeland Security is Monitoring The Drudge Report, New York Times – Will retain informationComments Off

It’s unclear exactly why, but the Department of Homeland has been operating a ”Social Networking/Media Capability” program to monitor the top blogs, forums and social networks online for at least the past 18 months. Based on a privacy compliance review from last November recently obtained by Reuters, the purpose of the project is to “collect information used in providing situational awareness and establishing a common operating picture.” Whatever that means. Either way, the list of sites reported by Reuters reveals in a Wednesday afternoon exclusive is pretty intriguing:

Social Networks

  • Facebook
  • Twitter
  • Myspace

Blogs

  • The Drudge Report
  • The Huffington Post
  • The New York Times‘s Lede blog
  • Wired’s Threat Level
  • Wired’s Danger Room
  • ABC News’ investigative blog The Blotter
  • “blogs that cover bird flu … news and activity along U.S. borders … drug trafficking and cybercrime”

Multimedia

  • Hulu
  • YouTube
  • Flickr

In conclusion, the Department of Homeland Security is just like you. We’ve seen no reports of The Atlantic Wire being on the list. But if we are, hello Department of Homeland Security employees — thanks for reading!

Source: The Atlantic Wire.

NBC News Content to be Provided by Billionaire Obama, MoveOn DonorsComments Off

NBC has reached an agreement to broadcast news content provided by a media organisation run by a team that has ploughed millions of dollars into campaigning for Barack Obama and donated large cash amounts to organisations such as the George Soros affiliated MoveOn.org and the now defunct ACORN.

The LA Times reports that NBC has opened up the newsrooms of all its affiliates across the country to ProPublica, which describes itself as an “independent, non-profit newsroom that produces investigative journalism in the public interest.”

NBC affiliated and Comcast owned radio stations will also broadcast ProPublica content under the agreement.

“The arrangement comes as Comcast moves to fulfill its commitment to federal regulators to strengthen local, public-interest programming in the wake of its purchase of NBCUniversal earlier this year.” the Times report states.

NBC stations will also produce their own stories based upon ProPublica’s output.

“We put the reporting at their fingertips and they can do terrific local stories with it,” said Richard Tofel, general manager for ProPublica.

The development represents yet another infiltration of corporate news media by special interests with their own political agenda.

ProPublica already delivers content to more than 50 different news organizations, including 60 Minutes, CNN, ABC World News, USA Today, the New York Times, Los Angeles Times, Washington Post, Huffington Post, Politico, Salon.com, Slate, MSN Money, MSNBC.com, Newsweek, Reader’s Digest, Business Week, This American Life, and NPR among many others.

The organisation operates with a bounty of $10 million per year from married billionaires Herbert and Marion Sandler, who are the former chief executives of the Golden West Financial Corporation, formerly one of the largest mortgage lenders in the US.

CONTINUED at Prison Planet.

Air Force UFO Rules Vanish After Huffington Post InquiryComments Off

*Taken from the Huffington Post.

The military deleted a passage about unidentified flying objects from a 2008 Air Force personnel manual just days after The Huffington Post asked Pentagon officials about the purpose of the UFO section.

Before the recent revisions, the document — Air Force Instruction 10-206 — advised pilots, radar operators and other Air Force personnel on what to do when they encountered any unknown airborne objects. Now in the 2011 version, the reference to UFOs — which simply means “unidentified flying objects,” not necessarily spaceships with little green men — has been eliminated.

What makes this so intriguing is that the U.S. government officially stopped investigating UFOs in 1969 with the termination of the Air Force’s Project Blue Book.

CONTINUED..

If You Love Peace, Become a “Blue Republican” (Just for a Year)Comments Off

*Taken from the Huffington Post. Written by Robin Koerner.

The world lost its goodwill toward the USA when Americans voted for George W. Bush the second time around.

I don’t endorse the idea that American politics should be dictated by foreign opinions but a reading of the foreign press over the last six years reveals that the first election of President Bush Jr. was largely excused around the world since no one could have known what this new president was going to do.
Moreover, America arguably didn’t vote for him anyway in 2000.

However, the second election President Bush was not excused, because by 2004, the modus operandi of the Bush administration was clear. He wanted to 1) conduct wars against countries that did not threaten us (e.g. Iraq), 2) oversee large financial benefits to companies with which those in his administration were close (e.g. Halliburton), 3) establish a legal framework for riding roughshod over the liberties of private individuals who are not suspected of crime (e.g. Patriot Act), and 4) establish a massive federal apparatus to carry out such intrusions on innocent Americans in what is becoming a police state (e.g. domestic wiretapping, TSA etc… )

CONTINUED..

Elizabeth Warren and Demagoguery, Part I(1)

*Written by Alex Herbert.

Elizabeth Warren, the architect behind the Consumer Financial Protection Bureau (CFPB), was on the April 26th episode of The Daily Show to discuss what the show described as “Congress’ fight to kill the consumer agency before it helps middle-class families.” Increasingly Elizabeth Warren has resorted to the age-old political tactic of demagoguery.

Warren’s message is clear, you are with me or you are against the middle class. While talking with Jon Stewart, she described proposals from FSC Republicans as a “knife in the ribs” of consumer protection. She went on to state, “It really is, who are you here for? Are you here for moneyed interests? Are you here for the powerful and the political? Or are you here for these working families who get up every day and have a million things to worry about, to think about, to try to get done before they go to bed at night. Are you here to say that they are entitled, they have a right, to a system just a little more fare – just a little more secure.”

Strong words. After listening to Professor Warren it is difficult to suppress the urge to invest in tar and feathers and defend her honor against the first the person who dare utter an ill word about her or her bureau.

So allow us to evaluate the severity of these “knives” she talks about. One of the bills Warren refers to, proposed by Congresswoman Shelley Capito (WV), seeks to “postpone the date for the transfer of functions to the Bureau of Consumer Financial Protection if the Bureau does not yet have a Director in place.” Is Ms. Capito a champion for “the powerful and the political” by daring to question whether a new government agency should be allowed to start regulating financial servicers without a confirmed director? It is not as if there has not been plenty of time for the Senate to confirm such an appointee. The Dodd-Frank Act, the piece of legislation authorizing the CFPB, was enacted on July 21st, 2010 and the President has been free since that date to name a director so they may be confirmed. A cynic may wonder if Professor Warren has her own self-interest at work here. The Huffington Post points out that, without Congresswoman Capito’s bill, Warren could serve as Director of the CFPB without a Senate Confirmation some on the left fear she could not receive.

Elizabeth Warren is passionate and charismatic. She is easy to like and, I believe, genuinely has the best interests of American consumers at heart. Unfortunately she is guilty of either misunderstanding the position of many of her skeptics, or is intentionally demonizing her opponents in order for populism to triumph over reason.

Dictionary.com defines demagoguery as “to treat or manipulate (a political issue) in the manner of a demagogue; obscure or distort with emotionalism, prejudice, etc.” I can think of no better way to describe Professor Warren’s Daily Show performance.

Blaze Blogger Responds to Beck ThieveryComments Off

My Two Cents: Ooh a video! There are three videos of me cooking that have been filmed over the years. However, I haven’t cooked in a few months apart from steak. Point is, citing a few incidents where credit was given doesn’t mean credit is always given. But anyway, who really gives a fuck? I only posted the original story because I knew it would generate a lot of traffic and it did. This post will do the same. So thanks! Besides, I always give credit to my sources even though I get content jacked quite frequently. I don’t cry about it, I just hire voodoo priests to curse the thieves. So Arianna Huffington’s tits should fall off any day now. End Two Cents.

My original post is here. The original Daily Caller article is here.

*Taken from the Blaze.

I am Editor-in-Chief of The Blaze today in large part because I was a blogger who did stories that Glenn Beck featured on his radio and TV shows.

Before joining the Beck team I always found, of all the shows and sites in the wide world of web news, that Glenn was the most generous in terms of saying thank you, of giving credit, and of making mention on air when possible.  He’s promoted (and even hired) and amazing number of bloggers and writers.

So it’s through that lens that I look at the claims in a new story posted by The Daily Caller that is a collection of accusations that Glenn gives insufficient credit to stories turned up by a variety of bloggers and websites.

I certainly understand the frustrations of any writer or blogger who feels their contributions are being slighted. It’s happened to me hundreds of times!

At The Blaze we link and cite hundreds of news and blog sites each week.  It’s been a major part of Glenn’s push to do just that.

Later today I’ll have a much more detailed response to the charges and what may be motivating them (is this connected to our review of James O‘Keefe’s NPR video?).  Check back here in a few hours.

We are amused that Glenn is accused (in a factually-flawed way) of co-opting the phrase, “The Truth Has No Agenda” from his friend Mike Opelka.  Mike is indeed a writer for The Blaze (as the article notes), but has worked collaboratively on projects with Mike since the 1980′s — indeed Glenn was the best man in Mike’s wedding.  More on that later too!

In the meantime, here is a quick montage we put together of Glenn promoting the work of various blogs in the past year or so:

Anne Hathaway and Automatic TradingComments Off

My Two Cents: I’d marry the crap out of this woman. That’s the Hathaway Effect’s effect on me. End Two Cents.

*Taken from the Ludwig von Mises Institute. Written by Robert P. Murphy.

A humorous financial story making the rounds concerns the apparent relationship between media mentions of the actress Anne Hathaway and jumps in the stock price of shares of Warren Buffett’s Berkshire Hathaway.

The presumed culprits are algorithmic trading programs, which raises the question, What does Austrian economics have to say about computers buying and selling shares of stock?

The Hathaway Effect

Dan Mirvish at the Huffington Post broke the story, in an article cleverly titled, “The Hathaway Effect: How Anne Gives Warren Buffett a Rise.” Mirvish documents the apparently irrational correlation:

Whatever you may think of how Anne Hathaway and her co-host James Franco did as hosts of the newer, younger, hipper Oscars, one thing appears to be certain: When Anne Hathaway makes headlines, the stock for Warren Buffett’s Berkshire-Hathaway goes up. Think of Berkshire-Hathaway shares (BRK.A) as a really expensive version of the IMDb’s StarMeter (which actually is designed to go up and down as actors make the news). But a bedrock member of the New York Stock Exchange? The evidence would indicate as much.

On the Friday before the Oscars, Berkshire shares rose a whopping 2.02%. And on the Monday just after the Academy Awards, they rose again, this time 2.94%. But it’s not just an Oscar bounce, or something Warren Buffett may have said in the newspaper, or even necessarily something the company itself is doing (i.e. rumors afoot to buy Costco). Just look back at some other landmark dates in Anne Hathaway’s still young career:

Oct. 3, 2008 — Rachel Getting Married opens: BRK.A up .44%

Jan. 5, 2009 — Bride Wars opens: BRK.A up 2.61%

Feb. 8, 2010 — Valentine’s Day opens: BRK.A up 1.01%

March 5, 2010 — Alice in Wonderland opens: BRK.A up .74%

Nov. 24, 2010 — Love and Other Drugs opens: BRK.A up 1.62%

Nov. 29, 2010 — Anne announced as co-host of the Oscars: BRK.A up .25%

My guess is that all those automated, robotic trading programming are picking up the same chatter on the internet about “Hathaway” as the IMDb’s StarMeter, and they’re applying it to the stock market.

Although it’s always risky to try to explain particular changes in stock prices, Mirvish’s analysis seems plausible. Presumably there are computer programs guiding lightning-fast stock purchases and sales, which scour news sources in order to make “momentum trades.” In other words, if a particular stock is being discussed in the media, then (other things equal) at least some of these programs buy shares, because it’s “hot” and is likely to continue rising as more slow-footed investors read the buzz and want to get a piece of the action.

Of course, the downside of automated stock-trading programs is that they have no common sense (which isn’t to say that human traders necessarily do, either). In order to beat their competitors to the punch, they can’t engage in careful analysis of the news items; they simply look for “Hathaway” and take it as a bullish signal for Berkshire Hathaway A-shares. (I wonder if Mirvish could do another story on the fortunes of the Rand Capital Corporation as the new Atlas Shrugged movie premieres?)

Do Automated Trading Programs Have Any Benefit?

After stories such as these — and certainly after the huge financial collapse in 2008 — many cynics understandably dismiss all the newfangled derivatives markets and financial strategies as a casino for egomaniacs with above-average math skills. Yet there is a danger here in throwing out the baby with the bathwater.

It’s true that economics — as conceived by Ludwig von Mises and his followers — is a logically deductive science. Mises didn’t believe that economists should ape the physicists and develop empirical hypotheses that are then “tested” by the data. Rather, Mises believed careful introspection on the nature of human action could yield a core of economic principles or laws. It was this framework that allowed the economist to then interpret the mass of available data on commodity prices, unemployment rates, and so forth.

For example, Mises wouldn’t “start with a blank slate” and look at the historical statistics to try to develop theories about the business cycle. Rather, he would first reflect on the operation of the capital structure in a market economy, think through the function of market prices and interest rates, and only then be able to start explaining the connection between credit expansion and unsustainable booms. Mises didn’t reject the use of historical data — in fact he helped Hayek found an institute to study the business cycle — but he didn’t fall for the positivist illusion that one could develop economic theories by “letting the facts speak for themselves.”

Having said all that, Austrian economics doesn’t forbid stock traders from using such techniques in their quest for profits. For example, suppose an analyst at a hedge fund starts cranking out regressions on “randomly” selected data. He discovers a startling correlation between the phases of the moon and the NASDAQ index. He shows the other analysts, and they confirm his results. They can only offer the most ad hoc “explanations” to their boss, but the relationship is nonetheless staring them in the face.

Suppose the hedge fund begins trading on the newly discovered relationship, and earns money. Over time, as the formula continues to perform, the hedge fund wagers more and more heavily upon it, and is never let down. At the bar the analysts’ buddies ask, “Why are you guys up 84 percent this quarter?” but the analysts smile and say, “Ancient Chinese secret.”

The question is, are these profits “real” or illusory? Is our hypothetical hedge fund actually doing something useful?

The social function of stock speculators is that they speed up price adjustments. The goal of the speculator is to “buy low, sell high” (or “short sell high, cover low” for an overpriced stock). In this respect, so long as the hedge fund’s moon strategy is profitable, then that is prima facie evidence that it is performing a service to others in the market economy. Specifically, the hedge fund buys into the NASDAQ when its price is about to rise, and it sells when the NASDAQ is about to fall. In this limited yet important sense, the successful trading strategy is a time machine, giving the rest of the world advance access to future information.

In this grand sense, results are what matter. The fact that the hedge fund personnel can’t really explain the correlation is irrelevant. By the same token, the workers at a utility company can’t always explain the laws of physics; they just know that if they repeat certain actions every day, then consumers are able to turn on their lights and run their refrigerators. As David Hume famously pointed out, just because something has happened in the past doesn’t mean it will happen in the future, but in many contexts we benefit from making just such an invalid leap.

What About Bubbles?

The arguments above might make some readers uncomfortable. After all, didn’t the fancy quants on Wall Street look like hot stuff for a few years during the housing boom — until everything blew up in their faces?

Yes, but that is entirely consistent with the position we’ve laid out. Austrian economists do not naïvely endorse the most extreme versions of the “efficient-markets” approach of the Chicago School. Austrians know that investors can make colossal mistakes and that the going market price can be horribly wrong.

If a trading strategy yields profits for a few years, but will eventually bankrupt the company when a “black swan” comes along, then it is an unprofitable strategy — barring government bailouts. For this very reason, our hypothetical hedge fund managers had better be very careful with their uncanny moon-trading strategy. They have no business being shocked if and when the strategy completely backfires on them, and they had better position themselves accordingly rather thanshooting the moon (if you’ll forgive the pun) with each new trade.

To correctly assess the value of any entrepreneurial venture, we need some idea of the underlying uncertainty involved. (Note that Mises made a distinction between quantifiable risk and amorphous uncertainty.) To switch away from financial markets to something more concrete, suppose in January a t-shirt manufacturer sunk $1 million into producing shirts saying, “The VCU Miracle of 2011.” After the VCU basketball team made the Final Four against all odds, the manufacturer was able to recover his investment as well as a tidy profit.

Now how should an Austrian interpret this event? Did the entrepreneur see beyond what others saw, and allocate resources more effectively to serve consumers? Or did he take a big chance but “get lucky”? At this point the question is almost philosophical rather than economic, but the scenario sheds light on automated trading programs yielding short-term profits.

Conclusion

Faced with such apparently nonsensical results as the Anne Hathaway effect, automatic trading programs look silly. On the other hand, this is true of any task to which humans put computers; it doesn’t mean computers are useless.

The ultimate criterion for whether automated trading is socially useful is the profit-and-loss test.

If the financial institutions relying on these programs blow up in the long run, we’ll have our answer — if only the government and Fed would stay out of it.

9/11 Families Demand Apology from Media MattersComments Off

*Taken from Prison Planet.

Responding to a series of hit pieces by self-declared “media watchdog” website Media Matters, a public advocacy group representing 9/11 family members has demanded an apology.

NYCCAN, the group responsible for airing ads urging an investigation into the destruction of World Trade Center Building 7, has issued a statement applauding FOX News hosts Andrew Napolitano and Geraldo Rivera for their fair treatment of the subject and rebuking Media Matters and The Huffington Post for their biased coverage.

An excerpt from the statement:

On November 29, Media Matters published an article entitled, “9/11 Victim Families Criticize Judge Napolitano Comments,” in which four 9/11 family members were quoted as attacking Judge Napolitano, without a single mention of the more than one-hundred 9/11 family members from NYC CAN who share Napolitano’s skepticism. One family member quoted in the article went as far as to say, “Anybody who talks about that is obviously not a family member and just trying to stir the pot and cause controversy.”

We who lost loved ones on that day cannot stand idly by as our honest search for the truth about their death is trampled upon. We demand that Media Matters apologize for its unfair, irresponsible and injurious coverage of this deeply sensitive issue.

Media Matters, which claims to “monitor, analyze and correct” right wing “misinformation” in the US media, has regularly portrayed 9/11 truth as a right-wing extremist cause.

Media Matters is the recent recipient of a one million dollar donation from financier George Soros.

________________________________

NEW YORK CITY — Today, the New York City Coalition for Accountability Now (NYC CAN), a group of family members of those killed in the 9/11 attacks, issued the following statement:

We who lost our loved ones on September 11, 2001 vigorously applaud Judge Andrew Napolitano and Geraldo Rivera for the courage they have shown in publicly questioning the official claim that the collapse of World Trade Center Building 7 was due to fire.

In the week since Judge Napolitano aired his views on Building 7, many voices in the media have singled him out for attack while conveniently ignoring the sequence of events that led to his revelation and the overwhelming evidence that validates his concerns.

This past month, on TV screens across the New York Metropolitan Area, millions of viewers have been seeing footage of Building 7′s collapse for the first time ever. This is because we took it upon ourselves to produce and appear in a TV ad to draw attention to the fact that more than 1,300 architects and engineers publicly join us in challenging the official explanation that Building 7 came down due to fire. We were fortunate enough that Geraldo Rivera saw our ad and invited our representatives to appear on Geraldo At Large. There they presented the irrefutable evidence that Building 7′s collapse could not have resulted from fire as the government claims. Geraldo Rivera then appeared on Freedom Watch with Judge Napolitano to discuss our campaign and express his doubts about Building 7. The following week, Judge Napolitano courageously voiced his own opinions on this matter.

However, you would not know anything about our position if you are getting your information from outlets like Media Matters and the Huffington Post. On November 29, Media Matters published an article entitled, “9/11 Victim Families Criticize Judge Napolitano Comments,” in which four 9/11 family members were quoted as attacking Judge Napolitano, without a single mention of the more than one-hundred 9/11 family members from NYC CAN who share Napolitano’s skepticism. One family member quoted in the article went as far as to say, “Anybody who talks about that is obviously not a family member and just trying to stir the pot and cause controversy.”

We who lost loved ones on that day cannot stand idly by as our honest search for the truth about their death is trampled upon. We demand that Media Matters apologize for its unfair, irresponsible and injurious coverage of this deeply sensitive issue. And we call upon other voices in the media to follow the lead of Geraldo Rivera and Judge Napolitano, who have so courageously begun to question our government’s scientifically bogus explanation for Building 7′s collapse.

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We’re definitely not progressives or neo-conservatives. Chances are, you will not like us if you are either of those.

“I put the bastards of this world on notice that I do not have their best interests at heart. I will try and speak for my reader. That is my promise, and it will be a voice of ink and rage.” - Paul Kemp

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