The Rent is Too Damn High – Zillow Report Shows Rents Unaffordable in All Top 35 Metro Areas

Screen Shot 2014-12-11 at 10.32.57 AMWhile most of this Zillow article is merely a sales pitch to convince broke and struggling Americans trapped in low paying jobs to buy homes they can’t afford, the small section highlighting how rents are historically unaffordable is pretty interesting. Zillow analyst Meredith Miller notes that:

Renters, on the other hand, continue to struggle. Renters making the national median income and renting the median-priced apartment should expect to pay about 30 percent of their income in rent, compared to roughly 25 percent historically. Of the largest 35 metros areas, Miami, San Francisco, New York, San Jose and Los Angeles have the biggest differences between current and historic rent affordability.

Rents are historically unaffordable in all of the largest 35 metro areas.

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Revelations from the Torture Report – CIA Lies, Nazi Methods and the $81 Million No-Bid Torture Contract

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After initially helping to devise the “enhanced interrogation” efforts, they were designated as the only two contractors allowed to oversee these interrogations at sites around the world. In 2005, they formed a company to receive contracts from the CIA. According to the Senate report, the base value of their contract in 2006 was in excess of $180 million.

By the time the CIA terminated their contract in 2009, the consulting firm founded by the two men had collected $81 million in taxpayer money. In May of that year, ProPublica reported, the firm abruptly gave up the lease on its Spokane, Washington, headquarters and disconnected the phone.

Still, according to the Senate report, the CIA will provide $5 million in indemnity costs to the firm to cover all legal expenses for potential criminal prosecution and investigations through 2021.

– From the Huffington Post article: Architects Of CIA Torture Program Raked In $81 Million, Report Reveals

One of the greatest propaganda successes of the consolidated and corporate owned mainstream media in the US. has been its ability to convince many naive Americans that people with fascist tendencies do not exist in our society, and it they do, they certainly don’t reside in the highest halls of power.

One of the key points I try to get across in my writing is that the sociopathic mindset knows no borders, and a society that ignorantly believes that its “leadership” consists of good people with a moral high ground is a society of sheep primed for slaughter. Not only do fascist types exist at the highest levels of the U.S. status quo, the smart ones will typically do everything they can to attain such positions. Why?

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Welcome to the Recovery – McKinsey Survey Shows 40% of Americans Living Paycheck to Paycheck, Up From 31% in 2012

Screen Shot 2014-12-09 at 11.22.38 AMNothing screams economic recovery like 2 out of every 5 Americans living paycheck to paycheck. Especially when that number has reportedly increased by 33% since 2012.

Perhaps someone should inform these destitute plebs that the stock market is up nearly 45% over the past two years, and after all, nothing says economic success like the 0.01% enriching themselves via fraud and financial engineering.

Here are two of the most sobering findings from the survery:

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How Doctors Prescribing Meds Based on Drug Company Payoffs is Further Evidence of Systemic Failure

Screen Shot 2014-12-08 at 1.20.59 PMWhen the drug maker Genentech introduced a major product in 2006, it found itself in an awkward position: persuading eye doctors to start using its new more expensive drug instead of a popular cheaper version that the company already sold.

Ophthalmologists had been enthusiastically using the company’s cancer drug Avastin, which cost about $50 a dose, to treat a common eye disease in the elderly, wet macular degeneration. Then Genentech introduced Lucentis, a nearly equivalent drug that cost $2,000 a dose and was approved specifically to treat the disease.

Now, a new federal database shows that many of the doctors who were the top billers for Lucentis were also among the highest-paid consultants for Genentech, earning thousands of dollars to help promote the drug. The data raises questions about whether financial relationships between doctors and drug companies influence treatment decisions, even though physicians maintain they cannot be swayed.

Half of the 20 doctors who received the most money from Genentech to promote Lucentis in 2013 were among the highest users of the drug in 2012, billing for higher amounts of Lucentis than 75 percent of their peers. The figures were compiled from two federal databases that covered different periods, and it is not known whether or how much Genentech paid the doctors in 2012.

– From the New York Times article: Paid to Promote Eye Drug, and Prescribing It Widely

The topic at the heart of the following post is not a commonly discussed one here at Liberty Blitzkrieg. It has to do with big corporate money influencing and corrupting the medical profession. The reason I chose to highlight this particular article, is because it perfectly puts into focus two of the most important macro cancers plaguing these United States today: A complete loss of ethics, and the dangers of over-centralization/corporatization.

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Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades

Screen Shot 2014-12-05 at 3.39.28 PMWall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. Here’s an excerpt:

Five years after the Wall Street coup of 2008, it appears the U.S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when Mother Jones reported on it. Fortunately, they included the following image in their article:

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Is the Auto Loan Bubble Bursting? Delinquent Loans Jump 27% Year-Over-Year

Screen Shot 2014-12-05 at 12.29.58 PMI’ve covered the ever expanding subprime auto loan market on several occasions over the past couple of years, most recently in the post: Chinese Homebuilders Expand in America as U.S. Auto Loans Hit Record Levels. As they always do, it appears that the chickens are starting to come home to roost.

The New York Times reports the following:

An increasing number of borrowers are falling behind on their car payments, even as the total amount of outstanding debt reaches new heights, according to the latest report by Experian, the credit and research firm.

In a presentation on Wednesday, Experian said the balance of loans that were 60 days delinquent increased 27 percent, to roughly $4 billion, in the third quarter from the same period a year ago.

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The Most Horrifying Music Video You’ll Ever See – A Country Song Dedicated to Hilary Clinton

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This has to be a joke.

I don’t think this is a joke.

Please, someone tell me this is a joke.

Brace your ears for an unbridled musical holocaust. This is essentially the American equivalent of Putin riding a horse bare-chested.

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Parents Shouldn’t Replace State Propaganda with Their Own Propaganda

Screen Shot 2014-12-04 at 3.01.00 PMI want to share with my children everything I’ve learned over these past few years as I’ve abandoned my mental and emotional slavery and embraced personal sovereignty. Defending my children from the lies of statists and oligarchs is one of the most important things I can do as a parent.

However, a healthy concern I have is that I don’t want to merely replace the state. What I mean is I don’t want to eliminate state propaganda and brainwashing and merely replace it with my own equivalent.

My intentions are good as a parent, but I never want to allow my passion and perspective to become the automatic default belief system for my children.

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Video of the Day – This Is What Happens When You Call the Cops

Screen Shot 2014-12-04 at 11.09.23 AMIn a healthy, moral and civilized society defined by the rule of law, police can play an important role. They should be people who come from the communities they promise to “protect and serve.” They should view themselves as a part of these communities, not as something separate and distinct. Police should see their jobs as having a great degree of risk, and must be willing to accept that risk. This means not pretending to be a solider at war, not choosing the most violent solution to every problem, and not viewing the citizenry as milk cows ready and willing to be drained of their assets via civil forfeiture.

Unfortunately, this isn’t the state of the police in America in 2014, and it’s quickly becoming obvious to everyone. Ferguson was a key moment in this awakening, when white pundits and others typically confined to less distraught communities, witnessed the militarized police in all its SWAT team horror for the first time. In the piece, “A Good Time Was Had By All” – The Obamas Dance the Night Away as Ferguson, Missouri Burns, I wrote:

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Another Government Scam – Small Business Administration (SBA) is Exposed as Corporate Welfare to Big Businesses

Screen Shot 2014-12-03 at 2.42.03 PMMany people have noted that the more insidious or corrupt a law or agency, the more positive sounding its name. The most egregious example during my lifetime, was naming legislation that stripped Americans of most of their civil liberties the “Patriot” Act.

In a similar vein, which red-blooded American could ever be opposed to something called the Small Business Administration (SBA). We all love small businesses and the entrepreneurial spirit, and even those who abhor big government have a hard time siding against an agency that supports the little guy. As such, the SBA is the perfect vehicle for cronyism, corruption and corporate welfare, which indeed appears to be its primary reason for existence.

My friends at Open the Books have published a key study on the SBA, and the results are ugly. The full report can be found here, but what follows is some analysis of the report by Stephen Moore at Investors Business Daily:

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