U.S. Abortion Rate Reaches Lowest Level Since Early ’70s

Abortion rates in the United States have been reaching record lows, according to
the Centers for Disease Control and Prevention (CDC). There’s also
evidence of more abortions being performed at earlier stages in
pregnancies. 

In a new “abortion surveillance” report, the CDC
explores data from 2002 to 2011 and finds the total number of
abortions decreased 13 percent during this period. The abortion
rate—that is, the number of abortions per every 1,000 women age 15
to 44—decreased 14 percent, and the number of abortions relative to
births was down 12 percent.

Over this same time period, the CDC notes a 6 percent increase
in abortions performed at eight weeks or less gestation, suggesting
that women are catching and terminating unwanted pregnancies
earlier. In 2011, almost 65 percent of all abortions were performed
before 8 weeks gestation, and nearly all (91.4 percent) were
performed by 13 weeks. Just 7.3 percent of abortions took place at
14-20 weeks gestation and 1.4 percent at or after 21
weeks. 

Overall, there were 13.9 abortions per 1,000 women in 2011, down
5 percent from 2010. There were 219 abortions performed per 1,000
births, down 4 percent from the previous year. Analysts say the
decline has less to do with abortion restrictions passed in various
states than with the recession and an overall decline in
pregnancies and birthrates. 

Contra anti-choice rhetoric, America’s abortion rate has been
declining relatively steadily since the early 1980s. The CDC began
keeping track of abortion statistics in 1969. Since then, the
lowest abortion rate until now was seen in 1973 (16.3 abortions per
1,000 women) and the highest in 1980 (29.3 per 1,000
women). 

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Watch “101 Reasons: Liberty Lives in New Hampshire,” Great Doc on Free State Project

Click above to watch a great hour-long documentary about
the Free State
Project
 (FSP) in New Hampshire. FSP is pushing for 20,000
people to move to New Hampshire and work to reduce the size, scope,
and spending of government. More importantly, the 1,600 or so folks
who have already moved there are already creating a number of
relentlessly interesting and fun communities. For my money, FSP is
the most interesting experiment in creating intentional communities
I’ve personally witnessed. 

Full disclosure: I show up several times in
“101 Reasons” (first time is around the 13-minute mark). I was
interviewed at last summer’s Porcupine Freedom Fest (PorcFest), which
was just totally awesome. I highly recommend attending it to anyone
interested in libertarian ideas and community.

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L.A. May Legalize Its Strongest Drug: Street-Vended, Bacon-Wrapped Hot Dogs

Pictured: The last remaining reason to live in Los AngelesI live next to an elementary
school in Los Angeles, and when school lets out, greeting parents
and kids walking home in my neighborhood is a small collection of
street vendors selling ice cream, snacks, and Mexican corn on the
cob. Everything they’re doing is illegal in Los Angeles, offering
children a nice introduction to how black markets work, not that
their customers probably realize the vendors are violating city
law.

Street vending is banned in Los Angeles. City residents may be
forgiven for not realizing this, because they’ve encountered it any
place where lots of people gather. And now Los Angeles might
actually recognize that they really can’t realistically stop this
form of commerce and legalize it. And, of course, heavily regulate
it, like they do in other cities like New York and San Francisco.
LA Weekly, taking special note of the possibility
bacon-wrapped hot dogs will be decriminalized,
describes the new legal process
, under consideration this week
by the city’s Economic Development Committee:

As it stands the “framework” for street-side entrepreneurs would
have them take a mandatory course on the rules of the game, apply
and pay for various permits, and obtain county approvals for food
handling, if that’s what they do.

I suspect the street vendors outside my local elementary school
will remain rebels under the law, unable to afford the permits or
course. The “framework” LA Weekly references is a
nine-page document that ends with a flowchart for potential legal
street vendors that has a whole host of steps and involves three
different permitting agencies, any three of which could deny a
permit.

This is deliberately too small to read to avoid infuriating you.

The vote on Tuesday will call for the city to
prepare a report
within 90 days about how these vendors may be
legally permitted and regulated. It also calls for the
recommendations for “ways to ensure street vendors provide safe and
healthy food options.” There’s already a way to ensure that: It’s
called consumer demand. Based on that language, bacon-wrapped hot
dogs may continue to enjoy its outlaw status, even if serving them
from street carts becomes technically legal. (There is a square on
the spreadsheet labeled “healthy food certification” that should
make people shudder)

LA Weekly and Reason have been reporting on the illicit
status of these hot dogs all the way back to 2008, detailing how
the city put Elizabeth Palacios in jail to make an example out of
her for selling them. Read more here.
Just like the failed drug wars, the city’s meddling under the guise
of “public safety” have not affected demand one bit.

Below, Reason TV and Drew Carey explored the city’s harassment
of street vendors in 2008:

 

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Oath Keepers Station Themselves on Ferguson’s Rooftops; Police Order Them to Stop

After the riot that followed the grand jury’s
decision
last week not to indict Darren Wilson, members of the
Oath Keepers—a controversial group of current and former military,
police, and public safety officials who have pledged not to obey
unconstitutional orders—arrived in Ferguson, Missouri. Armed with
rifles and fire extinguishers, they stood guard on the rooftops,
ready, they said, to protect local businesses from arsonists and
looters.

Over the weekend, the police told them to stop. The St.
Louis Post-Dispatch

reports
:

Not a valid license in Missouri, apparently.Following a night of arson fires and
bashed storefronts that hit close to home, Greg Hildebrand stood
naked Tuesday, drying off from a needed shower, when he noticed
somebody on the rooftop.

“I opened the window and said, ‘Hey, can I help you?'” said
Hildebrand, 35, a website developer.

The man said he was security and would be up there at night with
others to protect the pocket of second-story apartments and
lower-level storefronts near the Ferguson Police Department. A day
earlier, rioters had broken out windows below Hildebrand’s
apartment in the 100 block of South Florissant Road and torched a
nearby beauty supply store.

“I am in the middle of a difficult spot,” Hildebrand said. “I feel
a lot better having those guys up on the roof.”…

Police questioned group members early in the week and allowed them
to stay. But Saturday, after media inquiries, St. Louis County
police officers ordered the Oath Keepers to leave the
rooftops.

Threatened with arrest for operating without a license, the
volunteers argued but eventually left their positions early
Saturday, [Oath Keepers founder Stewart] Rhodes said.

It’s not clear how many Oath Keepers were standing guard before
the cops shut them down. (A member told
The New York Times that there were “more than five, less
than 500.” He also said that he had been vetting prospective
volunteers to weed out any racists, and that about 10 percent of
the group’s guards were black.) I’ve seen some worries in the
press that the Oath Keepers’ presence “could
inflame tensions further
,” but I have not seen any reports of
violence either by or against the group’s St. Louis patrols. The
locals quoted in the Times and Post-Dispatch
pieces seem to think their presence served as a deterrant.

You can read the rest of Post-Dispatch story
here
. One of the Oath Keepers reacts to the police’s order to
come down from the roofs here.
The Oath Keepers’ call for Ferguson volunteers—which also denounces
“egregious violations of the rights of peaceful protesters and
media” during the last big wave of Ferguson protests—is
here
. (The Oath Keepers’ basic position on the situation is
that the government has trampled the rights of peaceful protesters
while neglecting their duty to protect lives and property.) Some
thoughts on the Oath Keepers’ activities during those earlier
protests are here.
A feature I wrote about the Oath Keepers four years ago is here.
Radley Balko interviews the group’s founder here.

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StealthFlation

The StealthFlation Blog

 

Money is stored labor. Labor is part of human life.

To devalue money is to debase life itself.


STEALTHFLATION:  An intractable economic condition that inevitably arises as excessively issued fiat currency compulsively pursues non-productive wealth assets in a grossly overleveraged economy, which has been artificially reflated by monetary authorities in a misguided attempt to synthetically engineer growth via extreme monetization.  (Money Printing & Interest Rate Suppression)

This effectively prevents the real economy on the ground from realizing the healthy normalization of free market forces necessary to genuine bottom up capital formation, which is essential for generating legitimate and sustainable economic growth.  

Under the imposition of StealthFlation, asset prices are inordinately inflated while the generative velocity of money is eviscerated.   Worse still, the seeds of hyperinflation are sown, as the overtly financialized economy becomes increasingly dependent upon the interminable monetization.

They Will Reflate!  There Won’t Be Growth!  There Will Be Blood!


THE ORIGINAL 90% SILVER ROMAN DENARIUS
 oie_jpg (9)  
DEBASED TO LESS THAN 5% SILVER  –  BY 350 A.D. IT WAS WORTHLESS

They Will Reflate!  There Won’t Be Growth!  There Will Be Blood!




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It Wasn’t The Swiss: Continuing Plunge In GOFO Means No Easing Of Worst Gold Shortage In Over A Decade

Yesterday, when we commented on what was largely a pre-determined outcome of the Swiss gold referendum, we said that there still “is the question of what happens to the tension in the gold swap market: as noted last week, the 1 Month GOFO rate had tumbled to the most negative in over a decade. It was not clear if this collateral gold squeeze was the result of Swiss referendum overhang or due to other reasons. The market’s reaction on Monday should answer those questions.”

Well, a few hours ago we got the GOFO update for the “day after” and the answer is clear: it wasn’t fear of the Swiss referendum after all because the 1 Month GOFO just crashed even deeper into negative territory with the entire curve through 6M now red, and with 12 month GOFO just 0.6 bps away from negative for the first time. At this rate, tomorrow’s update will suggest that big institutions expect the gold swap shortage to persist through the end of 2015!

Also, judging by the gold reaction, which is about $50 from the overnight lows, someone else appears to have noticed that the rather shocking shortage of synthetic gold among institutions, which is finally seeping through into that whole “price discovery” process, where supply and demand actually matter.

Bottom line: whatever caused the record scramble for rehypothecated gold, it wasn’t fears about the outcome of the Swiss referendum. Something else spooked the precious metal a month ago, and as seen on the chart above, things have only gotten progressively worse since then.

Source: LBMA




via Zero Hedge http://ift.tt/1yvbw7b Tyler Durden

Cop Stops Black Man For Putting His Hands in Pockets on Cold Winter Day

PontiacIt’s difficult to ignore the racial aspects of
law enforcement when something as stupid as this happens. A
Pontiac, Michigan, cop stopped to question a black pedestrian
becaue the man was walking down the street with hs hands in his
pockets. As a Michigan native, I can assure you the man had good
reason to do this—it’s really cold in the winter.

Ah, but when a black man tries to keep warm, it
“makes people nervous.” Indeed, somebody who saw the man actually
called the cops, prompting the officer to check the situation.

“You were making people nervous,” the officer explained,
somewhat defensively, after the man demanded to know why he was
stopped. “They said you had your hands in your pockets.”

A video of the encounter is available below.

To the officer’s credit, I suppose, he remains fairly polite and
doesn’t taser the pedestrian—or tackle, shoot, or maim the guy in
any way at all. He’s just a little annoyed that someone would
object to being questioned for having his hands in his
pockets. Maybe this counts as a positive police
interaction, these days?

In any case, when in the Mitten State, wear your mittens. Lest
somebody sics the police on you.

Or, as News Mic’s Jared Keller
put it
:

And here’s the broader lesson of McKean’s relatively pleasant
run-in with the Pontiac police: If you see a black person walking
through your neighborhood with his hands in his pockets, don’t just
assume they’re up to no good and call the police for no good reason
— especially if it’s freezing outside. 

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US PMI Plunges To 10-Month Lows (Export Order Drop), ISM Beats (Export Orders Soar)

For the 3rd month in a row, US Manufacturing PMI dropped from 4-year highs to 10-month lows. At 54.8, missing expectations of 55.0 (and down from 55.9) for the 5th month of the last 6 as extrapolated hopes fade into the usual cyclical un-decoupled collapse into year-end (but ignore NRF data). Sadly for the bullish decoupling meme, Markit notes, “the principal cause of the slowdown is a renewed downturn in export orders, which fell for the first time since January.” So, amid all of this doom, ISM then beat expectations, printing 58.7 vs 58.0 expectations (down slightly from October’s 59.0 print) led by – rather ironically – new export orders surging… US data has gone full China.

 

US Manufacturing PMI tumbled to 10-month lows

As Markit notes, this is not a pretty picture:

“What’s more, with inflows of new orders slowing sharply, there’s a good chance that production growth will deteriorate further in December.

 

The principal cause of the order book slowdown is a renewed downturn in export orders, which fell for the first time since January. Demand from many emerging markets remains well down on pre-crisis levels, and a deteriorating situation in the Eurozone has hit trade flows to Europe.

 

“Unless order book growth picks up, factories will inevitably soon turn to cutting jobs in order to bring capacity down in line with weaker demand.”

And then ISM beat.. led by export orders!!!!

 

Business activity fell to 58.7 vs 59.0 last month

* New orders rose to 66 vs 65.8 last month
* Employment fell to 54.9 vs 55.5 last month
* Supplier deliveries rose to 56.8 vs 56.2 last month
* Inventories fell to 51.5 vs 52.5 last month
* Customer inventories rose to 50.0 vs 48.0 last month
* Prices paid fell to 44.5 vs 53.5 last month
* Backlog of orders rose to 55.0 vs 53.0 last month
* New export orders rose to 55.0 vs 51.5 last month
* Imports rose to 56.0 vs 54.5 last month

Note that for the first time since July 2013, prices paid dropped below 50.

 

Of course – the new orders resurgence is entirely seasonally-adjusted idiocy…

 

WHAT RESPONDENTS ARE SAYING…

“The Holiday Season continues to exceed expectations. Customers are generally optimistic for future sales growth.” (Food, Beverage & Tobacco Products)

 

“Continued strong demand. Deliveries through the West Coast are delayed due to a number of factors.” (Fabricated Metal Products)

 

“We have seen continued growth in transportation equipment. Slowdowns and threats of strike of West Coast longshoreman weigh heavily on U.S. operations.” (Transportation Equipment)

 

“Business continues to be stronger than last year.” (Furniture & Related Products)

 

“Improvement in defense spending and manufacturing.” (Computer & Electronic Products)

 

“West Coast port longshoreman slowdown is affecting business with longer lead times.” (Chemical Products)

 

“We continue to hire people. People are also leaving to take other jobs indicating the job market is starting to improve for manufacturing.” (Electrical Equipment, Appliances & Components)

 

“Market has remained strong going into year-end.” (Wood Products)

 

“Order intake has been substantial, resulting in a very healthy backlog. The packaging automation requirements in the food and beverage market are robust.” (Machinery)

 

“Demand remains strong for new orders.” (Miscellaneous Manufacturing)

Simply put, absolutely every single respondent was bullish…

*  *  *

Charts: Bloomberg




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