14/07/2011

Rick Scott (FL-Governor) was Right: High Speed Rail Sucks

By John Galt July 14, 2011 From China Daily 7/14: High-speed train breaks down again Updated: 2011-07-14 07:04 By Xin Dingding (China Daily) BEIJING – A northbound train on the newly opened Beijing-Shanghai high-speed line broke down on Wednesday, the third such incident since Sunday when services were disrupted by power outages. The Beijing railway bureau said on its official micro blog that the train encountered “a sudden malfunction and could not operate normally”. Passengers had to take a back-up train, which arrived at Beijing South Railway Station at about 5…



TONIGHT on JMR: The Mayor of Quartzsite, AZ at 9 P.M. Eastern

By John Galt July 14, 2011 Last night I discussed the idiocy in D.C. probably way too much as I kept enduring acid reflux the entire evening after the show. Fortunately I found some Pepcid AC in the medicine cabinet so I can talk about that tonight live at 7 p.m. At 9 P.M. on The Pathfinder Show with Natty, he has Mayor Ed Foster the man who is trying to take a stand against the corruption on his program as a state of emergency exists yet the people who called…


Weekly Unemployment Claims: Just a Wowser at 470,671

By John Galt July 14, 2011 The weekly unemployment claims report was an eye opener but you won’t hear about that from the Bubblevisions or mainstream media as they issue their state directed propaganda on the hour and half hour. The unadjusted claims came in at a shocking 470K which means the seasonal adjustment to 405K was one of the largest distortions this year: The other portion of the report which will be ignored even with the seasonal adjustments (SA) is the fact that the four week moving average is stubbornly…


The Definition of American Insanity: Using more Corn for Ethanol than Farmers use for Feed

By John Galt July 14, 2011 The story on July 12th  from the Financial Times speaks to the insanity of our current government’s command and control market economy: US ethanol refiners use more corn than farmers To call that headline anything less than insane is a meek admission of surrender to the ideals Ayn Rand warned about in Atlas Shrugged and the absurd ideas projected by technocrats and central planners. America has taken a drastic reversal in capitalist ideology and  permitted government, not market forces, to dictate resource allocation either through…


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