03 June 2013

Update no.598


Update from the Heartland
No.598
27.5.13 – 2.6.13
Blog version:  http://heartlandupdate.blogspot.com/
To all,

News from the economic front:
-- The Wall Street Journal reported home prices in March rose by 10.9% compared to one year earlier, the largest such gain in nearly seven years, as the Standard & Poor’s Case-Shiller index showed that all 20 cities represented in the index had posted year-over-year growth for the third straight month.  Home prices are still down by 28% from their 2006 peak and have returned to levels last seen in late 2003. One year ago, home prices were 35% below the 2006 peak.  This is the latest sign that existing home inventories are tightening and increasing demand have led to a sharp surge in home prices after several years of devastating declines.
-- Federal prosecutors in Manhattan have accused Liberty Reserve, a digital currency company, of running a US$6B money laundering operation that became a "bank of choice for the criminal underworld."  The prosecutors described the operation as one of the biggest money-laundering schemes ever uncovered.  The charges come just months after regulators warned that digital currency exchanges should follow traditional anti-money laundering rules.
-- The PRC’s official Purchasing Managers’ Index (PMI) came in at 50.8 in May, up slightly from 50.6 in April, indicating China’s manufacturing sector rebounded slightly in May, and providing some comfort to investors worried about deteriorating growth in the world’s second-largest economy.

Comments and contributions from Update no.597:
“Hear Hear, but you know that won't happen. Too many Phobics out there.
“Anyone have a comment, write to: UPDATE FROM THE HEARTLAND.”
My reply:
            Thank you for spreading the word and for your comment.
            We never know unless we try.  What is happening to Kaitlyn is wrong.  The other girl’s parents need to have a bright light shown on them for what they have done . . . or not done, as the case may be.
 . . . with this follow-up comment:
“But as you know, the law protects the underaged and the so called victim, whether they are victims or not. And that includes the parents.”
 . . . and my follow-up reply:
            Yes, I understand the law.  The law is a hundred years out of date and must change.  Parents must take responsibility for their children and not expect the State to do their task for them.

Another contribution:
“You are correct when you say that many people fear the power of the Federal government and especially the power of the ExO.
“One of the newest orders is about voting-see how the military has fared!, and the other is about virtually everything else we do whether in time of war or peace.
They certainly can take away our guns and are already positioned to do so – if they could only find them (oh, sorry, there're not all registered yet).”
URL:
My response:
            I do not have the capacity to rebut each element of the “New American” article.  Let it suffice to say, I believe William F. Jasper is choosing to see the negative in the executive orders cited, i.e., a bogey-man behind every bush.
            Certainly, there is reason to pay attention of the President’s executive orders.  I think many of us do.  Presidents since George Washington have used executive orders to take action, often when Congress is unable or fails to do so, or is unclear regarding their intentions.  We, the People, can interpret whether any executive order has a nefarious purpose.  Case in point, as I read Executive Order 13639 of 28.March.2013, titled: Establishment of the Presidential Commission of Election Administration, I see an effort by the President to understand the threats to the election process as both sides have claimed fraud in various elections.  I cannot see how EO 13639 can be interpreted as subverting the election process.
            Yes, I do agree, the USG already has sufficient information with which to seize private firearms.  To date, I am not aware of any effort at any level of government to execute such a plan, or even whether such plans exist.  Nonetheless, we must remain attentive and suspicious.  Semper Vigilans!
   “That’s just my opinion, but I could be wrong.”
Cheers,
Cap


My very best wishes to all.  Take care of yourselves and each other.
Cheers,
Cap                        :-)