The Girl Who Did Not Age

I just learned today of the death of the girl who did not age.  The girl Brooke Greenberg was born prematurely and grew to the age of five years old when she simply stopped growing.  I am not sure what to think of this mystery, for it is a mystery.  She had many scientists jumping to study her in hopes of finding a 'fountain of youth' in her genes, and perhaps they will.  I am not sure if that is something that we will ever be able to master though.  Hopefully, we can find a way to cure this incredibly curious Syndrome X, since ageless existence does not appear to last long.

http://shine.yahoo.com/parenting/toddler-20-years-old-forever-young-due-baffling-175300753.html

Failure: The Secret of Success

I am going to have to let this article speak for itself.  Tony Bruins would be proud.  You are not the only one, Tony!

Scott Adams' Secret of Success: Failure

By SCOTT ADAMS

If you're already as successful as you want to be, both personally and professionally, congratulations! Here's the not-so-good news: All you are likely to get from this article is a semientertaining tale about a guy who failed his way to success. But you might also notice some familiar patterns in my story that will give you confirmation (or confirmation bias) that your own success wasn't entirely luck.
If you're just starting your journey toward success—however you define it—or you're wondering what you've been doing wrong until now, you might find some novel ideas here. Maybe the combination of what you know plus what I think I know will be enough to keep you out of the wood chipper.

Why the United States of America cannot default

With everyone on every side shouting about a sovereign default of the U.S., the simple fact of the matter is that the U.S. cannot default in the traditional sense.  So long as we have a lenient and accommodative Federal Reserve Bank that is willing to print money.  The only thing holding them back are self-imposed rules against money printing.


As David Kotok puts it in his piece "Moving Chess Pieces:"

In our view the US will not default. It has an absolute ability to pay. This is a political fight, not an economic one. The credit of the US is not the same as Detroit’s or economically risky like Puerto Rico’s. The country is not dismembering like Argentina or unable to support budgets like Greece. Comparisons between the US and these others are not valid.

Or as Cullen Roche, author of the paper "Understanding the Modern Monetary System", says:

Let’s get this straight.  The United States government CANNOT default on its obligations without some sort of mental lapse from Congress (the trade here, short sovereign US CDS every time it spikes).  The government is the supplier of the sovereign currency.  The government is a currency issuer & carries NO foreign currency denominated debt.  If they have fiscal problems they simply print more.  They press a button on a computer and magic money appears in an account.  That’s literally how it works.    The US government is not a household or a state.  They are not Greece who does not print their own currency.  It’s ENTIRELY different.
Read more at http://pragcap.com/us-default#TsIDCWSgHQpGHsK0.99

 Let’s get this straight.  The United States government CANNOT default on its obligations without some sort of mental lapse from Congress (the trade here, short sovereign US CDS every time it spikes).  The government is the supplier of the sovereign currency.  The government is a currency issuer & carries NO foreign currency denominated debt.  If they have fiscal problems they simply print more.  They press a button on a computer and magic money appears in an account.  That’s literally how it works.    The US government is not a household or a state.  They are not Greece who does not print their own currency.  It’s ENTIRELY different.

Or as Alan Greenspan has said in the past to Congress and other media outlets:

The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.

And given the recent history of the Federal Reserve's willingness to print money to the tune of $85 billion per month, I say there is zero chance that the Fed will let the U.S. government default, regardless of what the yahoos in Congress do or not do.

Let’s get this straight.  The United States government CANNOT default on its obligations without some sort of mental lapse from Congress (the trade here, short sovereign US CDS every time it spikes).  The government is the supplier of the sovereign currency.  The government is a currency issuer & carries NO foreign currency denominated debt.  If they have fiscal problems they simply print more.  They press a button on a computer and magic money appears in an account.  That’s literally how it works.    The US government is not a household or a state.  They are not Greece who does not print their own currency.  It’s ENTIRELY different.
Read more at http://pragcap.com/us-default#TsIDCWSgHQpGHsK0.99

Let’s get this straight.  The United States government CANNOT default on its obligations without some sort of mental lapse from Congress (the trade here, short sovereign US CDS every time it spikes).  The government is the supplier of the sovereign currency.  The government is a currency issuer & carries NO foreign currency denominated debt.  If they have fiscal problems they simply print more.  They press a button on a computer and magic money appears in an account.  That’s literally how it works.    The US government is not a household or a state.  They are not Greece who does not print their own currency.  It’s ENTIRELY different.
Read more at http://pragcap.com/us-default#TsIDCWSgHQpGHsK0.99

Deplorable Behavior from the National Park Service

I have to repost this, as it is a perfect example of the kind of political debauchery that the Obama administration is engaged in.  It is shameful and makes a mockery of our nation, much like his Presidency.