All posts by Ken Cole

BILLIONAIRES DUMPING STOCKS, ECONOMIST KNOWS WHY

A handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate.

Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits.

Buffett isn’t alone.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too.

Billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

So why are these billionaires dumping their shares of U.S. companies?

OBAMA ADMIN. CALLS ON SUPREME COURT TO STRIKE DOWN DEFENSE OF MARRIAGE ACT

The Blaze.com reported that the Obama administration on Friday formally urged the Supreme Court to strike down the federal Defense of Marriage Act (DOMA) defining marriage as between a man and a woman.

In a brief filed Friday evening, Solicitor General Donald Verrilli argued that DOMA’s section three, which bars married same-sex couples from filing joint federal tax returns and other federal spousal benefits, is unconstitutional:

Section 3 of DOMA violates the fundamental constitutional guarantee of equal protection. The law denies to tens of thousands of same-sex couples who are legally married under state law an array of important federal benefits that are available to legally married opposite-sex couples. Because this discrimination cannot be justified as substantially furthering any important governmental interest, Section 3 is unconstitutional.

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“THE GUN LEGISLATION THEY ARE CLOSE TO PASSING, IS A PATH TO CONFISCATION.”

Ex-Secret Service Agent “There is no gun control, only people control”

The Blaze.com reported that Dan Bongino lost his race for the U.S. Senate last Fall and the former Secret Service agent was finally closing up shop on his campaign offices when his phone started ringing like crazy. Television and radio shows were calling to ask Dan if he was free… free to talk about this brief speech he gave on January 19th at a Guns Across America rally in Annapolis Maryland.

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CHRIS DODD, FORMER SENATOR OF SANDY HOOK STATE, DEFENDS VIOLENCE IN MOVIES

Zero Dark Thirty, Violence in Entertainment

US News reported that Chris Dodd defends ‘Zero Dark Thirty’,  – Violence in Entertainment, and said that regulating content is a slippery slope.

The president of the Motion Picture Association of America, former U.S. senator Chris Dodd, praised the movie industry for its economic, cultural, and social contributions to the country on Friday, while speaking at the National Press Club in Washington, D.C. He discussed violence in the media and defended the entertainment industry against claims by the NRA (National Rifle Association), that it is to blame for the recent spate of mass shootings in America.

“I feel very strongly that this industry has been on the forefront of freedom of speech from its inception,” said Dodd, who represented Connecticut in the Senate. “Films that have challenged and provoked not always were received warmly.”

[READ: Zero Dark Thirty Review: In Search of a Hero]

He said he sees the industry’s role in the depiction of violence is providing the tools to people—particularly parents—to know what is in film, through the ratings system and other platforms of information.

“We provide choice for people, a remarkable choice for entertainment, not every movie is for everyone,” he said.

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FINANCIAL PLANNING

Dan was a single guy living at home with his father and working in the family business.

When he found out he was going to inherit a fortune when his sickly father died, he decided he needed to find a wife with whom to share his fortune.

One evening, at an investment meeting, he spotted the most beautiful woman he had ever seen. Her natural beauty took his breath away.

“I may look like just an ordinary guy,” he said to her, “but in just a few years, my father will die and I will inherit $200 million.”

Impressed, the woman asked for his business card and three days later, she became his stepmother.

Women are so much better at financial planning than men.

FOUR HUSBANDS !

The local news station was interviewing an 80-year-old lady because she had just gotten married for the fourth time. The interviewer asked her questions about her life, about what it felt like to be marrying again at 80, and then about her new husband’s occupation. “He’s a funeral director,”she answered. “Interesting,” the newsman thought.

He then asked her if she wouldn’t mind telling him a little about her first three husbands and what they did for a living. She paused for a few moments, needing time to reflect on all those years. After a short time, a smile came to her face and she answered proudly, explaining that she had first married a banker when she was in her 20’s, then a circus ringmaster when in her 40’s, and a preacher when in her 60’s, and now – in her 80’s – a funeral director. The interviewer looked at her, quite astonished, and asked why she had married four men with such diverse careers.

(wait for it)

She smiled and explained,

“I married one for the money, two for the show, three to get ready, and four to go.”

SANDY HOOK CONNECTICUT- HUNGER GAMES & THE UNDERLAND CHRONICLES

These people live in Sandy Hook Connecticut.
They are both “Inspired” by the atmosphere over Sandy Hook…
What do you think?

GLOBAL WARMING HAS STALLED SINCE 1998: MET OFFICE ADMITS EARTH’S TEMPERATURE IS RISING SLOWER THAN FIRST THOUGHT

Earlier forecasts predicted a much steeper rise in global temperatures
But latest figures from Met Office show slower rise than previously warned
Figures raise questions about the true danger posed by greenhouse gasses
By NICK MCDERMOTT

PUBLISHED: 18:26 GMT, 8 January 2013 | UPDATED: 22:55 GMT, 8 January 2013

The Met Office has admitted that global warming has stalled.

Officials say that by 2017, temperatures will not have risen significantly for nearly 20 years.

They concede that previous forecasts were inaccurate – and have come under fire for attempting to ‘bury bad news’ by publishing the revised data on Christmas Eve.

Now a press release, published yesterday, has confirmed that over the next five years temperatures will be 0.43 degrees above the 1971-2000 average, instead of the previously forecast 0.54 degrees – a 20 per cent reduction.

This rise would be only slightly higher than the 0.4-degree rise recorded in 1998, an increase which is itself attributed by forecasters to an exceptional weather phenomenon.

With all but 0.03 degrees of the increase having occurred by 1998, the revision means that no further significant increases to the planet’s temperature are expected over the next few years.

COMPLETE ARTICLE:

GERMANS UNVEIL ‘STAR WARS’ LASER THAN CAN SHOOT A DRONE OUT OF THE SKY FROM TWO MILES AWAY AND CUT THROUGH A STEEL GIRDER AT 700 YARDS


High powered laser is powerful enough to cut through a steel girder from 1km away
System is so accurate it could track and destroy an 82mm ball bearing designed to replicate a mortar round
German firm hopes to create a portable version that could be used on the battlefield
By MARK PRIGG

PUBLISHED: 15:45 GMT, 9 January 2013 | UPDATED: 16:55 GMT, 9 January 2013
One of the most powerful laser weapons ever fired has successfully shot drones out of the sky from two miles away.

The groundbreaking weapon uses a high powered 50kW laser, and is powerful enough to cut through a steel girder from 1km away, yet accurate enough to hit a target the size of a mortar round.

Rheinmetall Defence, the firm who developed it, say it could eventually become commonplace on the battlefield, and are developing a smaller version that could be taken to the front line to protect troops.

The latest test was conducted at Rheinmetall’s Ochsenboden Proving Groud (EZO) in Switzerland, in snowy conditions and blinding sunlight, and engineers are already drawing up plans to double the power of the laser before its next test.

‘The demonstration delivered compelling evidence for the 50kW weapon technology,’ a spokesman said.

‘A massive, 15mm-thick steel girder was cut through at a distance of 1,000 metres, and the successful shooting down of several nose-diving target drones at a range of two kilometres formed the second major highlight.’


The team were also able to use the system to track and blow up a ball bearing the size of a mortar round.

‘A steel ball measuring 82 mm in diameter and travelling at approximately 50 m/sec, the target replicated a mortar round, the firm said.

‘The Skyguard fire control unit immediately detected the target, followed by mechanical tracking with the 30kW laser weapon station.

‘At this point, the BFU of the laser weapon module took over, optically tracking the target, which was then engaged and destroyed in flight, leaving no doubt as to the tactical viability of using laser weapons.’

FACT CHECK DEBATE: ALEX JONES VS. PIERS MORGAN

By T. R. Coletti, The Boston Liberal

Fact checking Alex Jones is no easy task, especially when he made over 30 statements in a 10 minute clip. This is only a partial list of statements, a full report would take days to dissect.

Alex Jones

FBI says there’s a 20%+ rate drop in crime:
TRUE, but over many years, not just in a single year
About 74% of about 11,000+ gun homicides in the US were gang related: As an average, TRUE
190,000 people died from hospital infections: Couldn’t find 2011 or 2012 data, but in 2009 it was the 4th leading cause of death in the United States, and this 2012 article put’s it at around the same rank.
The Number 1 killer in history is “governments” who killed 292 millions people in the 21st Century: TRUE
Britain took your guns 15-16 years ago and it tripled violent crime: TRUE.
Britain is the most violent country in Europe Michael Springman head of (inaudible) department blew the whistle that the hijackers were allowed into the US: Potentially TRUE.
A lot of news outlets reported on this. Here’s one.
Mexico, total gun ban on citizens, over 50,000 died in three years: TRUE
German fasle-flag firebomb April 27th 1933: TRUE
Mega banks have bragged that they have taken over in Bloomberg, AP. TRUE, this has been said on those outlets. I’ve seen them personally but don’t have time to dig around for them.
Criminal elements of the military industrial complex were behind 9/11: Unknown, but history will tell.
Criminal factions of the US Military were behind Gulf of Tonkin: TRUE, Robert McNamara said publicly that it was a false flag.
Criminal elements of the military industrial complex were behind Operation Gladio: TRUE
Why don’t you go back and face charges for the hacking scandal? TRUE
Why did you get fired from the daily mirror for putting out fake stories? TRUE
The government buys 1.6 billion bullets last year : TRUE
The number 1 cause of death is suicide: Couldn’t find solid 2011 or 2012 data but suicide is in the top 10 and has climbed every year for over a decade. Link
Why don’t you want to get rid of drugs? Because they’re half your sponsors? This is an exaggeration but a lot of drug companies advertise on CNN.
3 times the amount of people are killed with rocks, pipes, knives: Need more information, but this number is higher than you think.
Murder with a semi automatic weapon is very low. Unknown but Hand Guns are #1 but a long shot. Here.
Mao killed 80 million people because he was the only guy who had the guns: Estimates vary widely, with 80,000,000 on the very HIGH end.
Switzerland has the lowest crime rate in Europe, and your country (Britain) has the highest: TRUE
—–
Piers Morgan
There were 35 gun murders in Britain last year: TRUE

America has the most guns out of 23 of the richest countries in the world: TRUE

He didn’t make too many statements.

ORIGINAL ARTICLE: