A new report from Social Security has raised its predicted unfunded liabilities over the next 75 years by one trillion dollars.

The day of reckoning looms: A new report from Social Security has raised its predicted unfunded liabilities over the next 75 years by one trillion dollars, for a total of $9.6 trillion.

According to the report, “Through the end of 2087, the combined funds [OASI and DI] have a present-value unfunded obligation of $9.6 trillion.” That is “$1.0 trillion more than the measured level of $8.6 trillion a year ago,” states the report, in reference to the data available for 2011. That $9.6 trillion shortfall equals approximately $83,894 per household based on the Census Bureau’s latest estimate that there are 114,430,000 households in the country.

The report also looks farther into the future and saw the shortfall rise to $23 trillion.

“I can say with a very strong sense of certainty that there are people very close to this president that not only knew what the IRS were doing but authorized it.”

“I can say with a very strong sense of certainty that there are people very close to this president that not only knew what the IRS were doing but authorized it.”

Said by an ABC news reporter today.

In related news, it appears that the IRS not only targeted conservative organizations which applied for tax exempt status, the tax agency also targeted the donors to those organizations.

Transcript excerpts of House testimony by two IRS employees show that the policy to harass conservatives was ordered by supervisors in Washington.

Transcript excerpts of House testimony by two IRS employees show that the policy to harass conservatives was ordered by supervisors in Washington.

When these employees testify publicly, it will not be pretty for the Obama administration. The next question will of course be: Who were those supervisors, and who gave them their orders?

When Lois Lerner worked for the FEC she offered to drop a case against a conservative if he promised never to run for office again.

Working for the Democratic Party: When IRS thug Lois Lerner worked for the FEC she offered to drop a case against a conservative running for the Senate if he promised never to run for office again.

The conservative refused, and the case went to court, where all charges were dismissed. Nonetheless, the conservative subsequently decided that the harassment from the government, which also included a visit from the FBI, was not worth it, and has not run for office since.

In other words, Lerner’s harassment worked, to the benefit of the Democratic Party.

The IRS has told a House investigation that almost 90 IRS agents were involved in harassment scandal.

The IRS has told a House investigation that almost 90 IRS agents were involved in harassment scandal.

If I was Obama and had anything at all to do with this policy, I would be very very nervous. With this many IRS agents involved it will be impossible to control this scandal. Someone is going to spill the beans and tell us who established this harassment policy, and it certainly wasn’t some “low level rogue agents”, as Lois Lerner first claimed.

The IRS has refused to meet the deadline for answering questions put to it by the Senate Finance Committee concerning its harassment of conservatives.

Above the law: The IRS has refused to meet the deadline for answering questions put to it by the Senate Finance Committee concerning its harassment of conservatives.

The questions were focused on trying to find out exactly who established the IRS’s policy in this scandal. If Obama was as outraged as he claims about this, and had nothing to do with it, he should have been very willing to make the IRS respond to this quickly. That they are instead stonewalling once again tells us that they, and Obama, do not really want the public to know who conceived the harassment policy. I wonder why.

“Their collective experiences at a minimum could spread skepticism about the fairness of a powerful agency that should be above reproach and at worst could point to a secret political vendetta within the government against conservatives.”

“Their collective experiences at a minimum could spread skepticism about the fairness of a powerful agency that should be above reproach and at worst could point to a secret political vendetta within the government against conservatives.”

An attorney for the Obama Justice Department is warning Americans they could be prosecuted if they use social media to criticize Muslims.

Working for Islam: An attorney for the Obama Justice Department is warning Americans they could be prosecuted if they use social media to criticize Muslims.

In other words, Muslims can commit murders and terrorists acts, but don’t you dare say anything bad about them or else the Obama administration will come after you. And based on the IRS scandal, they are very much willing to do it.

The Tortoise and the Hare

The tortoise and the hare.

Smith looks at the published construction and flight timelines for the government’s Space Launch System and the private company Golden Spike, and finds something I’ve been noting for several years, there is a new space race going on. And I think private space will win it.

Another perspective — the one I have — is that this creates a new Space Race.

In the starting gate at High Bay 3 is the SLS, a program larded by Congressional pork, dubbed the Senate Launch System by its critics. Many observers believe that it will one day fall to innate political and bureaucratic flaws, as did Constellation before it.

In the other starting gate at High Bay 1 is Golden Spike — all talk so far, but the pieces seem to be falling into place to make the company a viable lunar option. Add to the mix the May 23 teleconference discussing the NASA agreement that allows Bigelow Aerospace to ally NewSpace companies into a possible commercial cislunar program. The report hasn’t been released yet, but it’s logical to assume that Golden Spike is one of those companies.

As with all space programs — government or commercial, crewed or unmanned — these timelines should be viewed with the greatest of skepticism.

But we’re starting to see all the pieces fall into place for the great Space Race of the 21st Century. To the victor goes access to the Final Frontier.

Based both on computer models and satellite data a team of scientists has concluded that the increase carbon dioxide in the atmosphere is making arid regions greener.

Based both on computer models and satellite data a team of scientists has concluded that the increase carbon dioxide in the atmosphere is making arid regions greener.

This study illustrates one possibility that is always ignored in the climate debates — that there is a really good chance that the increase of CO2 in the atmosphere will be beneficial.

One of the IRS agents who signed letters harassing conservatives was recently promoted.

One of the IRS agents who signed letters harassing conservatives was recently promoted.

Through 2012, then-Exempt Organization Specialist Stephen Seok signed many of the intimidating letters sent to conservative nonprofits. For example, this January 2012 letter sent to the Richmond Tea Party demanded the date, time and location of all group events, as well as copies of all handouts provided at the events, and the names and credentials of all organizers. Seok also demanded the names of all speakers and the contents of the speeches they made.

According to WXIX-TV/Fox 19 in Cincinnati, Seok is no longer an exempt organization specialist. He has since been promoted to “supervisor IRS agent.”

Remember, don’t listen to what Obama says, watch what he actually does. Expressions of outrage mean nothing if he rewards the agents involved.

College students gladly sign a big thank you card to the IRS for specifically targeting conservatives for harassment.

Future fascists: College students gladly sign a big thank you card to the IRS for specifically targeting conservatives for harassment. With video.

I repeat: The problem here isn’t that the IRS was researching and challenging organizations that wanted tax exempt status. The problem is that the IRS chose to only challenge (and harass) conservative organizations. The partisan and political nature of the agency’s actions is unacceptable in a civilized society. This video suggests that we no longer live in one.

After warning repeatedly last year that the sequester would damage the economy, NBC now says “Nevermind.”

Doing the work of the Democratic Party: After warning repeatedly last year that the sequester would damage the economy, NBC now says “Nevermind.”

It wasn’t just NBC. I can’t count the number of news sources and politicians that screamed “We’re all gonna die!” because sequestration was going to cut the federal budget a mere few percent. I said it then and I say it now: They were lying.

That news organizations participated in this lie however was particularly shameful. It didn’t take much research or thought to realize that these were lies. For NBC and other mainstream news organizations to not do that research tells us a great deal about how unreliable they are.

And by the way, remember the long lines threatened at the airports due to sequestration? We had those for about one day, and then things returned to normal. More evidence that it was all lying crap coming from this administration, forced upon travelers to make some dishonest political points, which were further aided and abetted by a lapdog press.

Like your health insurance? You may be losing it.

Like your health insurance? You may be losing it because of Obamacare.

I like this quote best:

“You’re going to be forcibly upgraded,” said Bob Laszewski, a health care industry consultant. “It’s like showing up at the airline counter and being told, ‘You have no choice, $300 please. You’re getting a first-class ticket, why are you complaining?'”

Sadly, I don’t think it will be this good. Many will decide the first class plan is simply unaffordable, and will instead opt out, paying the IRS fine instead. The result, fewer people having health insurance.

The five year conviction of a former police officer for gun possession because he was moving with his guns from Maine to Texas thru New Jersey and was subjected to a warrantless search of his vehicle has been upheld by the court.

Another example of why you should avoid New Jersey: The five year conviction of a former police officer for gun possession because he was moving with his guns from Maine to Texas thru New Jersey and was subjected to a warrantless search of his vehicle has been upheld by the court.

A jury acquitted him of the charges for possession of the “assault firearms” and handgun possession but convicted him in absentia of illegal possession of hollow-point bullets, shotguns, rifles and a high-capacity magazine. He was apprehended in Texas and extradited to New Jersey.

“What I don’t understand is I am a citizen without a criminal history who has served this country not only in the military but as a volunteer to my community and as a police officer, not even making hardly any income at all, and I would have given my life to protect another person and for this country,” Reininger said in a statement. “How can I be convicted for exercising my right? When does it become a crime for exercising one’s right?”

The three-judge appellate panel insisted New Jersey’s gun control laws do not violate the constitutional right to keep and bear arms, citing the Supreme Court’s recent Heller decision. “The Second Amendment does not create ‘a right to keep and carry any weapon whatsoever purpose,'” Judge Ronald B. Graves wrote for the panel. “Furthermore, the Second Amendment does not preclude the state from regulating the manner in which accessories must be transported.”

The court also upheld the warrantless search of Reininger’s vehicle.

All he was doing was peaceably traveling through New Jersey on his way home. Vile. Very vile.

A Maine doctor has stopped accepting any insurance, posts his prices online, and is doing fine.

The future? A Maine doctor has stopped accepting any insurance, posts his prices online, and is doing fine.

the decision to do away with insurance allows Ciampi to practice medicine the way he sees fit, he said. Insurance companies no longer dictate how much he charges. He can offer discounts to patients struggling with their medical bills. He can make house calls. “I’m freed up to do what I think is right for the patients,” Ciampi said. “If I’m providing them a service that they value, they can pay me, and we cut the insurance out as the middleman and cut out a lot of the expense.” Ciampi expects more doctors will follow suit. Some may choose to run “concierge practices” in which patients pay to keep a doctor on retainer, he said.

The bankruptcy of modern journalism.

The bankruptcy of modern journalism.

The story focuses on CBS’s Sharyl Attkisson, one of the few establishment reporters willing to do some hardnosed investigation of the Obama administration, and the rumors that say she might be dumped by CBS because of this. Key quote, from her:

“[The White House and Justice Department] will tell you that I’m the only reporter — as they told me — that is not reasonable,” Attkisson told Ingraham. “They say The Washington Post is reasonable, the L.A. Times is reasonable, The New York Times is reasonable, I’m the only one who thinks this is a story, and they think I’m unfair and biased by pursuing it.”

Reporters should always be unreasonable when responding to the talking points of politicians. That so many establishment news outlets today try to be “reasonable” while condemning the few reporters who are tough tells us that this industry has been co-opted and is no longer trustworthy.

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