Big Government, Economics, Politics, Shmuckonomics

US GDP Revised Downward; Nowhere Near 5%

Remember the GOP tax plan requires 5% growth year-over-year to only put a $1.3t hole in the budget.

The Commerce Department on Thursday lowered its estimate for US economic growth in the third quarter as consumer spending was a little weaker than previously reported.Gross domestic product, the total value of every good and service produced in the US, was found to have grown by 3.2%, down from 3.3% in the third estimate. Personal consumption, which makes the biggest contribution to the economy’s growth, was revised down to a 2.2% increase from 2.3%.GDP remained above the 3% pace that President Donald Trump had promised for the US economy while he was campaigning. A strong fourth quarter with growth near this level will be needed to achieve 3% GDP on an annual basis, something the US economy hasn’t achieved since 2005.

5% is suddenly looking lofty.

Source: US GDP revised lower in Q3 2017 third estimate – Business Insider

Fake News

The Embarrassingly Bad Handling of the Fake Wikileaks Story By CNN, CBS, and MSNBC

Most embarrassing of all was what MSNBC did. You just have to watch this report from its “intelligence and national security correspondent” Ken Dilanian to believe it. Like CBS, Dilanian also claimed that he independently “confirmed” the false CNN report from “two sources with direct knowledge of this.” Dilanian, whose career in the U.S. media continues to flourish the more he is exposed as someone who faithfully parrots what the CIA tells him to say (since that is one of the most coveted and valued attributes in US journalism), spent three minutes mixing evidence-free CIA claims as fact with totally false assertions about what his multiple “sources with direct knowledge” told him about all this.

via The U.S. Media Suffered Its Most Humiliating Debacle in Ages: Now Refuses All Transparency Over What Happened


Comcast Inserts 400 Lines of Javascript Into Every Page You Load; You Can’t Stop It

And yes, they do admit it, but what are you gonna do?  Leave?

You can’t.  Because in most places, Comcast is your only option.

Why?  Because government regulates who can be an ISP.

So as every dummy rushes to “break the internet” tomorrow in support of the lie that is Net Neutrality, understand the real problem is government-caused in the first place.

via Solved: Are you aware? Comcast is injecting 400+ lines of … – Xfinity Help and Support Forums

Politics, Warfare State

Obama Invades Libya, Destabilizes Government Allowing Slave Trades, Kinda Takes Responsibility

Former President Barack Obama has come under criticism after a series of videos showing men and women being sold in a renewed slave trade have gone viral in recent weeks.

Some critics have begun questioning how much the Obama administration contributed to the problem with its 2011 intervention in Libya. Obama has acknowledged the issue before, calling it the “worst mistake” of his presidency.

But as videos showing humans being sold into slavery shocks people around the world, the scrutiny has been renewed.

Well, in fairness, it wasn’t all Barack Obama’s idea.  President-in-Waiting Hillary Clinton wanted it also and probably talked him into it.

Because, you know, you only get freedom by bombing, destabilizing, and enabling slavery.

via Obama blamed for Libyan slave trade as shocking video goes viral


Wedding Cakes Are Not Free Speech, But…

Thus, by applying that principle, the wedding-cake controversy disintegrates. Bakers have the right to bake a cake for whomever they want and for whatever reason they want. It might well be that they hate blacks, Jews, immigrants, and poor people. Motive doesn’t matter. What matters is that under principles of liberty and private property, private business owners have as much right to discriminate as private homeowners.

By the same token, consumers have the right to boycott the business that is discriminating against others and to advocate that other people boycott it as well. That’s how the free market deals with businesses that people perceive are wrongfully discriminating against others. It nudges them to change their position through loss of sales revenues rather than force them to do so with the power of a government gun.

The problem, however, is that long ago the U.S. Supreme Court held that when people open their businesses to the public, everything changes. The Court held that when business owners do that, they subject themselves to governmental control, including state anti-discrimination laws.

But that’s ridiculous. Why should the fact that a person is selling privately owned things to others cause the principles of liberty and private property to be compromised or abandoned? Why shouldn’t the business owner still be free to discriminate in determining who enters his privately owned business and to whom he sells his private property?

By abandoning those principles of liberty and private property, it has naturally left lawyers vexed on how to resolve the wedding-cake dispute. It has left them relying on the First Amendment to come up with entirely subjective and arbitrary conclusions that have no consistent underlying legal principle undergirding them.

via Wedding Cakes Have Nothing To Do With Free Speech | Zero Hedge

Men's Rights

How to Navigate the Post #metoo World

However, my main advice to the young men at the conference was more personal—live your life in a way that women know you are one of the good guys. Be respectful. Be professional. We discussed concrete ideas for ways to be supporters, such as being aware of what is going on around you, especially at events where alcohol is served, and we discussed scenarios they might encounter in a work situation, such as a female co-worker being pestered at a conference. (This particular one happened to me often back in the day.) We talked about ways to intervene without being overbearing—mingle your way into the conversation so she can easily brush the guy off if she wants to—and after reading many of the #MeToo accounts, I would also add—help her watch her drink. We need to have more conversations like these. Men want to help us, and we need to start talking about ways they can do that.

Ending the tacit categorization of all men as potential predators probably wouldn’t do a lot of harm either.

via Navigating the New Normal After #MeToo – Acculturated