Bit Coin…Ponzi Scheme?

I have no clue, but Chris Duane makes a pretty good argument.

Just by looking at the charts, I’d say that BitCoin is, if not a Ponzi Scheme, becoming a bubble that will pop.  

And if no one knows who the originator of the program seems to be, why would anyone trust this system?

I see a trap being set.

I know this post will get someones underwear in a bind…..but one’s beliefs don’t [...]

Colbert Offers Trump $1 Million

Trump: “I’ve never seen this country in such a mess, and neither have you Maria.” Bartiromo: “You’re right, you’re right.”

BAIN attacks, $100 million in negative ads have no impact

Weeks of vicious attacks by the Obama campaign assailing Mitt Romney’s character and making questionable charges about his stewardship of Bain Capital have yielded the following result: the latest national poll, released by the New York Times, shows Romney with a slight edge.

With little record to run on, an economy mired in slow growth, and unemployment stuck above eight percent, the Obama team must face the possibility that it is unloading some [...]

TRUMP TO ROMNEY: Release tax returns when Obama releases college records

(CNSNews.com) – Why not release more of your tax returns, as Democrats — and even some Republicans — are demanding, Mitt Romney was asked Monday in a live appearance on “Fox & Friends.”

“The Obama people keep on wanting more and more and more — more things to pick through, more things for their opposition research to try to make a mountain out of –and to distort — and to be [...]

Obama: DC ‘feels as broken as it did 4 years ago’

WASHINGTON (AP) — President Barack Obama says Washington “feels as broken as it did four years ago,” when he took office.

He’s most frustrated by the inability “to change the atmosphere” in the capital “to reflect the decency and common sense of ordinary people” who want leaders to solve problems.

He adds “there’s enough blame to go around for that.”

Obama tells CBS’ “Sunday Morning” that there’s no doubt that he underestimated how [...]

TRUMP: Chief Justice Roberts ‘Wanted To Be Loved By The Washington Establishment’

Watch the latest video at video.foxnews.com

Microsoft Just Blew Google Away In Social Search

The other shoe has dropped on Microsoft’s recent Bing redesign, and it dropped right on Google.

 

Microsoft is adding a new Sidebar to Bing search that shows your contacts and activity on all your social networks, including Facebook, Twitter, and — yes — Google+.

Google drew a lot of fire earlier this year by integrating information from Google+ into search results.

The big problem with this is that Google doesn’t offer info from other social networks, like Facebook and Twitter, as prominently. And some data from [...]

The End Of Growth In The United States

by Gregor MacDonald, Gregor.us

 

With one month to go in the data series, US Total Non-Farm Payrolls have averaged 131.08 million in 2011. The problem is that the US is a Very Large System, and needs growth to support its array of future obligations, primarily Social Security and the debt it incurs to run its military budget, and other entitlements. If you had told someone ten years ago that Total Non-Farm Payrolls would [...]

IOWA POLL: Gingrich 27%, Romney 20%, Paul 16%

Iowa

Presidential Caucus Preference:

Iowa

Likely Republican
Caucus Goers
Nov 2011

Bachmann
6%

Cain
6%

Gingrich
27%

Huntsman
3%

Johnson
-

Paul
16%

Perry
5%

Roemer
-

Romney
20%

Santorum
6%

Other
-

Undecided
11%

 

Comparison to Past Surveys:

Iowa

Likely Republican Caucus Goers
Apr 2011
Jul 2011
Sep 2011
Nov 2011

Bachmann
9%
21%
15%
6%

Barbour
-
ni
ni
ni

Cain
-
2%
6%
6%

Daniels
4%
ni
ni
ni

Gingrich
12%
8%
8%
27%

Giuliani
8%
2%
ni
ni

Huckabee
18%
ni
ni
ni

Huntsman
-
3%
1%
3%

Johnson
-
-
-
-

Karger
-
ni
ni
ni

Palin
4%
11%
4%
ni

Pataki
-
ni
ni
ni

Rand Paul
4%
ni
ni
ni

Ron Paul
3%
14%
12%
16%

Pawlenty
1%
2%
ni
ni

Perry
ni
2%
14%
5%

Roemer
-
-
1%
-

Romney
17%
18%
21%
20%

Santorum
2%
5%
2%
6%

Trump
10%
ni
ni
ni

Other/Undecided
8%
12%
16%
11%

 

Preference by party:

Iowa

Likely Republican
Caucus Goers
Republicans (88%)
Independents (12%)

Bachmann
7%
3%

Cain
6%
6%

Gingrich
30%
3%

Huntsman
3%
4%

Johnson
-
-

Paul
14%
28%

Perry
5%
3%

Roemer
-
-

Romney
17%
38%

Santorum
7%
1%

Other
-
-

Undecided
11%
14%

 

Preference by Tea Party support:

Iowa

Likely Republican
Caucus Goers
Supporter (49%)
Not/Undecided (51%)

Bachmann
6%
6%

Cain
4%
8%

Gingrich
42%
13%

Huntsman
1%
5%

Johnson
-
-

Paul
19%
12%

Perry
2%
7%

Roemer
-
-

Romney
11%
29%

Santorum
3%
9%

Other
-
-

Undecided
12%
11%

 

Preference by Likely to Vote:

Iowa

Likely Republican
Caucus Goers
Definite – 10 (74%)
Probably 7-9 (26%)

Bachmann
8%
2%

Cain
5%
9%

Gingrich
32%
12%

Huntsman
4%
1%

Johnson
-
-

Paul
17%
12%

Perry
4%
7%

Roemer
-
-

Romney
15%
32%

Santorum
5%
10%

Other
-
-

Undecided
10%
15%

 

Source

Geithner on TV – Keynesian Economics Has Failed

http://www.financialsense.com/contributo…

 

“We don’t have the ability (because of the overhang in housing and the problems in the financial sector) toartificially engineer a stronger recovery.”

Imagine that! Geithner acknowledges what I (and many others) have felt all along. The structural issues in the economy trump the government’s ability to engineer a recovery.

Geithner might have put it differently. He could have really put it on the line. I would have preferred that he had said:

“Keynesian [...]

If Obama preempts “The Apprentice” to announce Bin Laden’s death, Trump will never recover.

Breaking News: Trump demands to see Osama’s death certificate

Video: Media Cranks Boo Trump at White House Correspondent’s Dinner

Trump drops the F-bomb: You’re not gonna raise that fucking price!

Trump Drops F-Bomb in Vegas

RASMUSSEN: Trump 19% Romney 17% Huckabee 15%… Developing…

Qesutions for the Week:

by ImpendingDoom

What exactly has changed between Ben Franklin’s time and ours? (Other than the neo-socialist state and the profligate spending Democrats)? Why now can we not have a serious national conversation about sacrifice, the inevitability of sacrifice — either of (a) some portion of safety or (b) some portion of the fundamental rights and protections and leaving future generations a fighting chance to live a life of dignity that [...]

Trump: “The word is Obama was a good student at Occidental”–wants president to release college records and explain how he got into Harvard – CBS

BREAKING: trump to demand LONGER form birth certificate

http://twitter.com/RichLowry/statuses/63227776790040581

Krauthammer: Trump is running

RASMUSSEN: Obama 49% Trump 34%

President Obama leads Donald Trump by 15 percentage points in a hypothetical 2012 match-up, but the president is unable to top the 50% level of support even against an opponent some are deriding as a joke.

The latest Rasmussen Reports national telephone survey finds that the president earns support from 49% of Likely Voters nationwide, while Trump attracts the vote from 34%. Given that choice, 12% would [...]

NYT MONDAY: NBC EXECS DOUBT TRUMP RUNNING FOR WHITE HOUSE… ‘This is Donald being Donald’… Developing…

From NYT:

The prospect of Donald Trump running for president has sent shivers through at least one highly interested group — and it is not the Democratic Party or political journalists. It is the entertainment division of NBC.

A decision by Mr. Trump to formally declare his intention to seek the Republican nomination could disrupt the network’s plans to broadcast future seasons of his show, “The Apprentice,” [...]

Trump Could Run as Independent – Video

NBCWSJ POLL SHOCK: TRUMP #2 GOP THE ‘TODAY’ INTERVIEW

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