LIBYA WILL BE OUT OF CONTROL FOR SOME TIME...
AS THE ISLAMISTS MOVE TO TAKE POWER...
AND TRIBAL WARFARE FLARES...
A Progressive Blog: Examining the American post-industrial dystopia and its new Proto-Fascist Politics. Wit, wisdom and shameless pontificating from the Internet's best and longest running Political and Economic Blog. Always fresh 24.7.365. Bookmark this Page now....and come back daily. Always on the cutting edge of editorial and market opinion since 1999. And your best portal into the Blogosphere...
Monday, August 22, 2011
NATO SUPPORTS TRIBAL BLOODBATH IN TRIPOLI...!
BUT THEN...IT ALWAYS WAS ABOUT KILLING MUSLIMS...
THE TRIPOLI MASSACRE WILL BE HISTORIC...!
THE EASTERN JIHADI TRIBES WILL TAKE OVER LIBYA...PROVIDING A POTENTIAL TERROR BASE ON THE SOUTH SHORES OF EUROPE...
THE TRIPOLI MASSACRE WILL BE HISTORIC...!
THE EASTERN JIHADI TRIBES WILL TAKE OVER LIBYA...PROVIDING A POTENTIAL TERROR BASE ON THE SOUTH SHORES OF EUROPE...
Sunday, August 21, 2011
WHY AMERICA FAILED...
Right now...the US economy is in an death spiral...nothing can save it...(See Gold)
Obama's stimulus TEMPORARILY DELAYED THE STRUCTURAL DEPRESSION...
But it did not cure it...or solve the underlying problem...which is the massive relocation of multinational capital to Asia...and especially China... These are US companies...at least in name...but they produce virtually everything they make over in Asia...
THEY ARE NOT COMING BACK...AT LEAST NOT WITHOUT TARIFFS OR SOME BARRIER TO PRODUCING IN ASIA AND SELLING IN THE US...
This is never mentioned in the media...
Obama is doing his Keynesian stimulus thing...and talking nonsense about "Green jobs that can't go overseas..." and "small business".....WHAT NONSENSE...!
CHINA ALREADY IS DOING THE GREEN JOB INDUSTRY...!! ITS ALREADY THERE...
Oddly...the Republicans really have nothing to contribute except more tax cuts for the already BLOATED RICH...AND THEIR MULTINATIONAL COMPANIES...
These "rich" DO NOT CREATE JOBS...THEY SATISFY DEMAND...!
DEMAND THAT USED TO COME FROM THE AMERICAN MIDDLE CLASS..
THATS GONE NOW...
IT WAS MIDDLE CLASS "DEMAND" THAT "CREATED JOBS"...NOT THE RICH...! UNDERSTAND THAT AND THINGS WILL CLEAR UP FOR YOU A LOT...
I would rather have the Republicans "in charge" of this NEW GREAT DEPRESSION...than Obama... Obama can do nothing to stop this collapse...
FOX REPUBLICANS NEED TO BE GIVEN BACK THEIR DEPRESSION...ASAP!!
Postscript:
It is truly amazing how off base most people are about whats really happening... This spewing of party "talking points" ...and slicing and dicing party minutiae, half truths and Big Lies...over the REAL big picture problem...is really just pitiful stupidity and lunacy...but sadly it seems to get some people thorough their day...
And why is this...?
Because the REAL TRUTH is very very scary! TOO HORRIFIC AND EXISTENTIAL...AND WE ARE NOT READY FOR IT YET...!
Obama's stimulus TEMPORARILY DELAYED THE STRUCTURAL DEPRESSION...
But it did not cure it...or solve the underlying problem...which is the massive relocation of multinational capital to Asia...and especially China... These are US companies...at least in name...but they produce virtually everything they make over in Asia...
THEY ARE NOT COMING BACK...AT LEAST NOT WITHOUT TARIFFS OR SOME BARRIER TO PRODUCING IN ASIA AND SELLING IN THE US...
This is never mentioned in the media...
Obama is doing his Keynesian stimulus thing...and talking nonsense about "Green jobs that can't go overseas..." and "small business".....WHAT NONSENSE...!
CHINA ALREADY IS DOING THE GREEN JOB INDUSTRY...!! ITS ALREADY THERE...
Oddly...the Republicans really have nothing to contribute except more tax cuts for the already BLOATED RICH...AND THEIR MULTINATIONAL COMPANIES...
These "rich" DO NOT CREATE JOBS...THEY SATISFY DEMAND...!
DEMAND THAT USED TO COME FROM THE AMERICAN MIDDLE CLASS..
THATS GONE NOW...
IT WAS MIDDLE CLASS "DEMAND" THAT "CREATED JOBS"...NOT THE RICH...! UNDERSTAND THAT AND THINGS WILL CLEAR UP FOR YOU A LOT...
I would rather have the Republicans "in charge" of this NEW GREAT DEPRESSION...than Obama... Obama can do nothing to stop this collapse...
FOX REPUBLICANS NEED TO BE GIVEN BACK THEIR DEPRESSION...ASAP!!
Postscript:
It is truly amazing how off base most people are about whats really happening... This spewing of party "talking points" ...and slicing and dicing party minutiae, half truths and Big Lies...over the REAL big picture problem...is really just pitiful stupidity and lunacy...but sadly it seems to get some people thorough their day...
And why is this...?
Because the REAL TRUTH is very very scary! TOO HORRIFIC AND EXISTENTIAL...AND WE ARE NOT READY FOR IT YET...!
AMERICA IS THE NEW WIEMAR REPUBLIC
The American economy is structurally damaged...it was looted to the bone by Wall Street and the rich... There is very little left to loot...
Hence the headlong rush to GOLD...!
AMERICA IS THE NEW WIEMAR...!
Progressives want to preserve the "lifestyle" that Americans have been accustom to for a little longer...and hope to "find a way" to solved the damage to the economy caused by years of looting and "masking" bubbles...
Teabaggers want to throw Americans into a massive Depression right now...
Very likely any Tea Party agenda...will cause much social unrest...once Granny discovers that her Social Security and Medicare will be cut...
Workers will be upset...because Wall Street is almost TOTALLY IN CHINA now...and they aren't coming back any time soon... Yes...sadly even Texas can not compete with China on low wages and pollution...!!
Progressives are clinging to the wreckage of old Keynesian ideas... While Tea Baggers are demanding a deep GREAT DEPRESSION now...! That is why Tea Baggers are considered wacko...
THEY KNOW NOT WHAT THEY ARE UNLEASHING... BUT MANY OF THESE TEA PARTY TYPES SECRETLY WANT TO DESTROY THE US GOVERNMENT IN WASHINGTON... YES...THE VERY GOVERNMENT THAT SENDS THEM THEIR SOCIAL SECURITY CHECKS AND PAYS THEIR MEDICARE...!
The elites, the multinationals, and the rich...JUST DON'T CARE...they can go anywhere...
And they are leaving America in droves...most are already gone...like Apple which produces everything in Asia.
AND THEY ARE NOT COMING BACK...
DEAL WITH IT...YOU WILL LIVE IN "INTERESTING TIMES"...
Hence the headlong rush to GOLD...!
AMERICA IS THE NEW WIEMAR...!
Progressives want to preserve the "lifestyle" that Americans have been accustom to for a little longer...and hope to "find a way" to solved the damage to the economy caused by years of looting and "masking" bubbles...
Teabaggers want to throw Americans into a massive Depression right now...
Very likely any Tea Party agenda...will cause much social unrest...once Granny discovers that her Social Security and Medicare will be cut...
Workers will be upset...because Wall Street is almost TOTALLY IN CHINA now...and they aren't coming back any time soon... Yes...sadly even Texas can not compete with China on low wages and pollution...!!
Progressives are clinging to the wreckage of old Keynesian ideas... While Tea Baggers are demanding a deep GREAT DEPRESSION now...! That is why Tea Baggers are considered wacko...
THEY KNOW NOT WHAT THEY ARE UNLEASHING... BUT MANY OF THESE TEA PARTY TYPES SECRETLY WANT TO DESTROY THE US GOVERNMENT IN WASHINGTON... YES...THE VERY GOVERNMENT THAT SENDS THEM THEIR SOCIAL SECURITY CHECKS AND PAYS THEIR MEDICARE...!
The elites, the multinationals, and the rich...JUST DON'T CARE...they can go anywhere...
And they are leaving America in droves...most are already gone...like Apple which produces everything in Asia.
AND THEY ARE NOT COMING BACK...
DEAL WITH IT...YOU WILL LIVE IN "INTERESTING TIMES"...
Saturday, August 20, 2011
REMEMBER WHEN "GOLDBUGS" WHERE CONSIDERED CRAZY....?
JUST A THOUGHT...A TRIP DOWN MEMORY LANE...
FOR THE RECORD THIS SITE EXPLAINED THE GOLD SITUATION VERY VERY EARLY...AND ACCURATELY...AND HAS PROFITED MIGHTILY.
YES...TOO TOO EARLY...BUT IN THE LONG RUN A FEW YEARS TOO EARLY WILL LOOK LIKE NOTHING...
IT WAS NEVER ANTICIPATED THAT THE FED WOULD ACTUALLY DESTROY THE ECONOMY TO PROTECT WALL STREET AND ASSET PRICES...THAT IS WERE THE OLD GOLDBUGS WENT WRONG...
NO ONE COULD HAVE ANTICIPATED THAT THE FED WOULD BE SUICIDAL IN THE DEFENSE OF WALL STREET...
BUT THEY WERE...
AND THE REST IS HISTORY....
FOR THE RECORD THIS SITE EXPLAINED THE GOLD SITUATION VERY VERY EARLY...AND ACCURATELY...AND HAS PROFITED MIGHTILY.
YES...TOO TOO EARLY...BUT IN THE LONG RUN A FEW YEARS TOO EARLY WILL LOOK LIKE NOTHING...
IT WAS NEVER ANTICIPATED THAT THE FED WOULD ACTUALLY DESTROY THE ECONOMY TO PROTECT WALL STREET AND ASSET PRICES...THAT IS WERE THE OLD GOLDBUGS WENT WRONG...
NO ONE COULD HAVE ANTICIPATED THAT THE FED WOULD BE SUICIDAL IN THE DEFENSE OF WALL STREET...
BUT THEY WERE...
AND THE REST IS HISTORY....
ARAB SPRING LEADS TO THE "BIG CHILL"...
THIS COULD BE THE "KILL OR CURE" MOMENT BETWEEN ZIONISTS AND ARABS...
YEAR OF THE ZINGER...AND "GOTTCHA" VIDEO...?
I think we can expect a flood of "gottcha" videos on both sides...this election cycle.
Republicans perfected it...but Democrats are catching on fast...
Republicans have the most to lose...since they are the ones taking stupid and nonsensical positions on most issues...
As to Democrats...Fox can twist ANYTHING into a negative story... WITH THE HELP OF SOME LIES...AND HALF TRUTHS...
And of course the facial expressions of the Fox "hosts" is key to any "news" report...
Do the men have their brows "knit"...leaning forward with their hand on one knee?
Has Gretchen and the Lip Gloss Girls gone "slack jawed"...?
Fox can make the weather report seem like a government conspiracy...!
Republicans perfected it...but Democrats are catching on fast...
Republicans have the most to lose...since they are the ones taking stupid and nonsensical positions on most issues...
As to Democrats...Fox can twist ANYTHING into a negative story... WITH THE HELP OF SOME LIES...AND HALF TRUTHS...
And of course the facial expressions of the Fox "hosts" is key to any "news" report...
Do the men have their brows "knit"...leaning forward with their hand on one knee?
Has Gretchen and the Lip Gloss Girls gone "slack jawed"...?
Fox can make the weather report seem like a government conspiracy...!
OBAMA'S "SECRET WEAPON" TO WIN RE-ELECTION...! REVEALED...!
Obama has a secret weapon...to win the 2012 election!
THE TEA PARTY....
Fox and the Teabaggers are so out of the main stream now...that only a total wing nut could ever vote for Fox Republicans...
Republicans have become the political arm of the Fox "News for Dummies" Network...
And that won't sell in a national election... They need to keep it in small Republican caucuses in Iowa and Alabama...to get any support...
And even there Granny is just finding out that "entitlements"...means her Social Security Check...NOT "welfare" for dangerous minorities that Fox says are really really scary...!
People like Blacks, Mexicans, Gays, Foreigners, Muslims, Catholics, Jews, Socialists, Teachers, Acorn, Panthers, Labor Unions and Democrats.
THE TEA PARTY....
Fox and the Teabaggers are so out of the main stream now...that only a total wing nut could ever vote for Fox Republicans...
Republicans have become the political arm of the Fox "News for Dummies" Network...
And that won't sell in a national election... They need to keep it in small Republican caucuses in Iowa and Alabama...to get any support...
And even there Granny is just finding out that "entitlements"...means her Social Security Check...NOT "welfare" for dangerous minorities that Fox says are really really scary...!
People like Blacks, Mexicans, Gays, Foreigners, Muslims, Catholics, Jews, Socialists, Teachers, Acorn, Panthers, Labor Unions and Democrats.
Friday, August 19, 2011
FOX DESTROYED REPUBLICANS...
Republicans are in serious trouble...
All of their "notions" are fantastic or stupid...EVERY ONE OF THEM...
That is not a winning situation... The only academically verifiable plans are on the Progressive side...
The Tea Party and Fox are just starting to look pitiful...stupid and lost.
Fox is hardly worth watching... the novelty of Fox's Obama Bashing Rants in 2010...has worn off...
Or been exposed as delusional nonsense... Birthers, Acorn, Anti-minority stories, Creationism, Socialism...Obama wants to destroy America...etc.
Even Wall Street is distancing itself from Fox...
Fox is really only providing news for very very stupid people...
The latest "insult" to the flag... Hate Obama Rants... Military families being somehow dissed...
FOX IS PATHETIC...NOT REALLY WORTH WATCHING ANYMORE...
All of their "notions" are fantastic or stupid...EVERY ONE OF THEM...
That is not a winning situation... The only academically verifiable plans are on the Progressive side...
The Tea Party and Fox are just starting to look pitiful...stupid and lost.
Fox is hardly worth watching... the novelty of Fox's Obama Bashing Rants in 2010...has worn off...
Or been exposed as delusional nonsense... Birthers, Acorn, Anti-minority stories, Creationism, Socialism...Obama wants to destroy America...etc.
Even Wall Street is distancing itself from Fox...
Fox is really only providing news for very very stupid people...
The latest "insult" to the flag... Hate Obama Rants... Military families being somehow dissed...
FOX IS PATHETIC...NOT REALLY WORTH WATCHING ANYMORE...
Thursday, August 18, 2011
OBAMA'S BULLSHIT STIMULUS....
Here are the facts....
As long as American corporations are allowed to produce in China and sell in America...
JOBS WILL NOT COME BACK... ITS JUST THAT SIMPLE...
The notion of "stimulating" demand...ONLY STIMULATES DEMAND FOR CHINESE MADE GOODS...!
ITS JUST THAT SIMPLE...
So...where Obama is wrong is in not recognizing that this is not merely a cyclical problem...or a demand problem...or a jobs problem...
ITS A STRUCTURAL PROBLEM....
OBAMA AND OTHERS ARE SO CONVINCED THAT "FREE TRADE" IS THE ONLY WAY TO GO...THAT NO OTHER IDEAS ARE CONSIDERED...
They can stimulate forever...it wont do any good...!
Similarly...the Fox Republicans only want TAX CUTS....
TAX CUTS FOR CORPORATIONS THAT ARE AWASH AND BLOATED WITH CASH...WHICH THEY WILL NOT SPEND...BECAUSE THERE IS NO DEMAND IN AMERICA...BECAUSE THERE ARE NO GOOD JOBS IN AMERICA...
The Corporations moved all the good jobs to China...
So...I agree that Obama is barking up the wrong tree...
But I also disagree that this problem is solvable with Fox Republican TAX CUTS...
Tax Cuts will only give the bloated corporations more money to SIT ON....while they wait for DEMAND to pick up in America...SO THEY CAN BUILD MORE FACTORIES IN CHINA...!!
IS THIS SO HARD TO SEE... Apparently the Washington establishment is missing it...!!!
As long as American corporations are allowed to produce in China and sell in America...
JOBS WILL NOT COME BACK... ITS JUST THAT SIMPLE...
The notion of "stimulating" demand...ONLY STIMULATES DEMAND FOR CHINESE MADE GOODS...!
ITS JUST THAT SIMPLE...
So...where Obama is wrong is in not recognizing that this is not merely a cyclical problem...or a demand problem...or a jobs problem...
ITS A STRUCTURAL PROBLEM....
OBAMA AND OTHERS ARE SO CONVINCED THAT "FREE TRADE" IS THE ONLY WAY TO GO...THAT NO OTHER IDEAS ARE CONSIDERED...
They can stimulate forever...it wont do any good...!
Similarly...the Fox Republicans only want TAX CUTS....
TAX CUTS FOR CORPORATIONS THAT ARE AWASH AND BLOATED WITH CASH...WHICH THEY WILL NOT SPEND...BECAUSE THERE IS NO DEMAND IN AMERICA...BECAUSE THERE ARE NO GOOD JOBS IN AMERICA...
The Corporations moved all the good jobs to China...
So...I agree that Obama is barking up the wrong tree...
But I also disagree that this problem is solvable with Fox Republican TAX CUTS...
Tax Cuts will only give the bloated corporations more money to SIT ON....while they wait for DEMAND to pick up in America...SO THEY CAN BUILD MORE FACTORIES IN CHINA...!!
IS THIS SO HARD TO SEE... Apparently the Washington establishment is missing it...!!!
REPUBLICANS SEEK A FREAK...!
Clearly Perry is NOT the one...
Nor is Romney...or Ryan...or Christie...
If Republicans seek a freak...Bachman may be the last person standing...!!
Oh wait...John Bolton is considering running...! LoL... ALL HAIL BOLTON...! ALL HAIL BOLTON...!
Draft The Huckster...? Could happen...!
Nor is Romney...or Ryan...or Christie...
If Republicans seek a freak...Bachman may be the last person standing...!!
Oh wait...John Bolton is considering running...! LoL... ALL HAIL BOLTON...! ALL HAIL BOLTON...!
Draft The Huckster...? Could happen...!
FOX AND TEA PARTY STUPIDITY...
General stupidity has a big role in the Tea Party... They really are not thinking beyond their own group think... And they are burdened with a lot of misinformation from AM Radio and Fox...
Public policy has to take into account everyone's interests...not just your own interests...however misunderstood...
For example...many Tea Partiers want the Government OUT OF their Medicare...
Or are against "entitlements" but don't want Social Security touched...
You really can NOT deal with that level of stupidity...RATIONALLY...
Civil discourse ASSUMES that everyone has their facts straight...and aren't under some delusional version of the "truth"...as being pushed by Fox or AM Hate Radio...
Fox "manufactures" TRUTH...via the BIG LIE FORMAT... Constantly repeating something to their gullible audience...until people assume its true...
Basically take Fox and AM Hate Radio out of the mix...and most rational people would still be somewhat correctly informed...about whats happening...
Public policy has to take into account everyone's interests...not just your own interests...however misunderstood...
For example...many Tea Partiers want the Government OUT OF their Medicare...
Or are against "entitlements" but don't want Social Security touched...
You really can NOT deal with that level of stupidity...RATIONALLY...
Civil discourse ASSUMES that everyone has their facts straight...and aren't under some delusional version of the "truth"...as being pushed by Fox or AM Hate Radio...
Fox "manufactures" TRUTH...via the BIG LIE FORMAT... Constantly repeating something to their gullible audience...until people assume its true...
Basically take Fox and AM Hate Radio out of the mix...and most rational people would still be somewhat correctly informed...about whats happening...
Wednesday, August 17, 2011
Monday, August 15, 2011
RICK PERRY...WON'T LAST... HERE'S WHY...
SO FAR...TWO DAYS...THE MEDIA IS IMPRESSED WITH RICK PERRY'S "STYLE"....
THE TWANGING TEXAS LINGO...THE BACKSLAPPING...THE GLAD HANDING...THE TEXAS SWAGGER AND TEXAS BULLSHIT...THE COWBOY BOOTS...AND THE SIMPLE MENTALITY...NOTHING TOO DEEP...
IT ALL LOOKS GOOD ON THE SURFACE...
FOR TWO DAYS...
BUT IT WEARS ON YOU AFTER A WHILE...
IN THE MIDST OF THIS DEPRESSION...DO WE REALLY HAVE TIME FOR GLAD HANDING AND SWAGGER... THAT WAS DUBYA'S STYLE...AND IT WAS A DISASTER IN THE END...!
RICH PERRY IS FINE IN SMALL DOSES...WHEN THERE IS NOTHING REALLY IMPORTANT BEING DISCUSSED...
BUT IN THE OVAL OFFICE...? RUNNING THIS BUSH DEPRESSION...
DO WE REALLY WANT THE TWANG TALK AGAIN...
HAVEN'T WE HAD ENOUGH OF THE TEXAS BULLSHIT...
SONNY BUSH...BULLSHAT THE ENTIRE CLINTON SURPLUS AWAY...AND THEN WENT FURTHER AND CAUSED A DEPRESSION WITH UNFUNDED WARS AND TAX CUTS FOR THE RICH...
WE DON'T NEED BUSH 2.0
ITS TIME TO STAY THE COURSE...AND PUT THIS LOOTED ECONOMY BACK WITHOUT HELP FROM THE LOOTING REPUBLICANS...
THE TWANGING TEXAS LINGO...THE BACKSLAPPING...THE GLAD HANDING...THE TEXAS SWAGGER AND TEXAS BULLSHIT...THE COWBOY BOOTS...AND THE SIMPLE MENTALITY...NOTHING TOO DEEP...
IT ALL LOOKS GOOD ON THE SURFACE...
FOR TWO DAYS...
BUT IT WEARS ON YOU AFTER A WHILE...
IN THE MIDST OF THIS DEPRESSION...DO WE REALLY HAVE TIME FOR GLAD HANDING AND SWAGGER... THAT WAS DUBYA'S STYLE...AND IT WAS A DISASTER IN THE END...!
RICH PERRY IS FINE IN SMALL DOSES...WHEN THERE IS NOTHING REALLY IMPORTANT BEING DISCUSSED...
BUT IN THE OVAL OFFICE...? RUNNING THIS BUSH DEPRESSION...
DO WE REALLY WANT THE TWANG TALK AGAIN...
HAVEN'T WE HAD ENOUGH OF THE TEXAS BULLSHIT...
SONNY BUSH...BULLSHAT THE ENTIRE CLINTON SURPLUS AWAY...AND THEN WENT FURTHER AND CAUSED A DEPRESSION WITH UNFUNDED WARS AND TAX CUTS FOR THE RICH...
WE DON'T NEED BUSH 2.0
ITS TIME TO STAY THE COURSE...AND PUT THIS LOOTED ECONOMY BACK WITHOUT HELP FROM THE LOOTING REPUBLICANS...
KRUGMAN : TEXAS IN THE OUTHOUSE...
AMERICANS WILL HAVE TO DECIDE IF A LOWER STANDARD OF LIVING IS THEIR "WAVE OF THE FUTURE..."
PERHAPS IT IS...
PERHAPS IT IS...
WHY ARE REPUBLICANS AGAINST THE INDIVIDUAL MANDATE...??
Why are Republicans so in favor of the uninsured mooching off the system...?
What happen to "individual initiative"...and not sponging off the system...!
The ER is open to everyone ...and everyone can use it or abused it...AT PUBLIC EXPENSE...
This is not like driving a car...some people don't drive...but they don't RIDE IN OTHER PEOPLES CARS UNINVITED...
And its not like "forcing you to buy something"...health care is not a "product"...its what happens when people are sick or injured...they go to the ER...THE PUBLIC AND PRIVATE FINANCED ER...!
Its as if the uninsured have a INDIVIDUAL RIGHT to go into a restaurant and demand food...and the other diners have to pick up their bill...!
NOW...IF WE HAD A LAW THAT SAID THE UNINSURED WERE NOT ALLOWED INTO THE ER...NO MATTER WHAT...THEY MUST SUFFER OR PAY UP FRONT...
THEN...I WOULD BE AGAINST THE INDIVIDUAL MANDATE...BUT YOU KNOW THAT IS NOT GOING TO HAPPEN...
The uninsured show up in ERs...UNINVITED AND WITHOUT NOTICE OR PAYMENT....and EXPECT EVERYONE ELSE TO PAY FOR THEM...
AND WE DO...WITH MASSIVE PREMIUMS FOR "COVERING" THE 50 MILLIION UNINSURED...
IF YOU BELIEVE IN INDIVIDUAL RESPONSIBILITY...YOU MUST DEMAND THAT THE FREE LOADERS AND MOOCHERS...BE INSURED AND PAY THEIR WAY...NOT SPONGE OFF THE SYSTEM...
AND THAT IS SOOOO REPUBLICAN...!
What happen to "individual initiative"...and not sponging off the system...!
The ER is open to everyone ...and everyone can use it or abused it...AT PUBLIC EXPENSE...
This is not like driving a car...some people don't drive...but they don't RIDE IN OTHER PEOPLES CARS UNINVITED...
And its not like "forcing you to buy something"...health care is not a "product"...its what happens when people are sick or injured...they go to the ER...THE PUBLIC AND PRIVATE FINANCED ER...!
Its as if the uninsured have a INDIVIDUAL RIGHT to go into a restaurant and demand food...and the other diners have to pick up their bill...!
NOW...IF WE HAD A LAW THAT SAID THE UNINSURED WERE NOT ALLOWED INTO THE ER...NO MATTER WHAT...THEY MUST SUFFER OR PAY UP FRONT...
THEN...I WOULD BE AGAINST THE INDIVIDUAL MANDATE...BUT YOU KNOW THAT IS NOT GOING TO HAPPEN...
The uninsured show up in ERs...UNINVITED AND WITHOUT NOTICE OR PAYMENT....and EXPECT EVERYONE ELSE TO PAY FOR THEM...
AND WE DO...WITH MASSIVE PREMIUMS FOR "COVERING" THE 50 MILLIION UNINSURED...
IF YOU BELIEVE IN INDIVIDUAL RESPONSIBILITY...YOU MUST DEMAND THAT THE FREE LOADERS AND MOOCHERS...BE INSURED AND PAY THEIR WAY...NOT SPONGE OFF THE SYSTEM...
AND THAT IS SOOOO REPUBLICAN...!
Sunday, August 14, 2011
INDIANA SAYS : WE DON'T NEED BUILDING INSPECTORS...!
WAS THE STAGE COLLAPSE AT THE INDIANA STATE FAIR...CAUSED BY LACK OF INSPECTIONS ON THE SET UP...?
WELL WHEN YOU ARE CUTTING AND GUTTING SPENDING ...
TO "GET GOVERNMENT OFF OUR BACKS"....
EVENTUALLY THE ENTIRE THING FALLS DOWN ON YOUR HEAD...!
WELL WHEN YOU ARE CUTTING AND GUTTING SPENDING ...
TO "GET GOVERNMENT OFF OUR BACKS"....
EVENTUALLY THE ENTIRE THING FALLS DOWN ON YOUR HEAD...!
REPUBLICAN DEPRESSION HITS STATES AND CITIES...!
REPUBLICANS SEEM TO THINK THAT IF THEY CAN DEEPEN THE BUSH DEPRESSION...INTO 2012....
THEY WILL WIN THE PRESIDENCY...
THE ONLY PROBLEM IS THAT AT EVERY TURN...REPUBLICANS ARE BEING BLAMED FOR THE ENSUING DISASTERS...AND ITS AFTERMATH.
THE DEBT CEILING DEBACLE WAS ONLY THE MOST RECENT EXAMPLE...
WORSE...REPUBLICANS HAVE DROPPED THE MASK ON BEING AGAINST SOCIAL SECURITY AND MEDICARE...
AFTER THE FOX TEABAGGERS WON IN 2010...MOSTLY ON FOX BULLSHIT AND BIG LIES...REPUBLICANS GOT CONFIDENT THAT THEY DID NOT NEED TO HIDE THEIR CONTEMPT FOR THE MIDDLE CLASS...
THEY CAME OUT SOLIDLY AGAINST SOCIAL SECURITY, MEDICARE, MEDICAID...AND HEALTH CARE REFORM IN GENERAL...
THE FOX RANTING PEAKED IN 2010...AS FOX PUSHED THE TEABAGGER "WAVE" OVER THE TOP...
THE CONSEQUENCES OF THE FOX RANTING...WILL BE WHAT THE 2012 ELECTION IS ABOUT...
AND THAT WILL NOT BE GOOD FOR REPUBLICANS...
THEY WILL WIN THE PRESIDENCY...
THE ONLY PROBLEM IS THAT AT EVERY TURN...REPUBLICANS ARE BEING BLAMED FOR THE ENSUING DISASTERS...AND ITS AFTERMATH.
THE DEBT CEILING DEBACLE WAS ONLY THE MOST RECENT EXAMPLE...
WORSE...REPUBLICANS HAVE DROPPED THE MASK ON BEING AGAINST SOCIAL SECURITY AND MEDICARE...
AFTER THE FOX TEABAGGERS WON IN 2010...MOSTLY ON FOX BULLSHIT AND BIG LIES...REPUBLICANS GOT CONFIDENT THAT THEY DID NOT NEED TO HIDE THEIR CONTEMPT FOR THE MIDDLE CLASS...
THEY CAME OUT SOLIDLY AGAINST SOCIAL SECURITY, MEDICARE, MEDICAID...AND HEALTH CARE REFORM IN GENERAL...
THE FOX RANTING PEAKED IN 2010...AS FOX PUSHED THE TEABAGGER "WAVE" OVER THE TOP...
THE CONSEQUENCES OF THE FOX RANTING...WILL BE WHAT THE 2012 ELECTION IS ABOUT...
AND THAT WILL NOT BE GOOD FOR REPUBLICANS...
ROMNEY WILL DROP OUT SOON....
Romney is toast...finished...
He dares not appear in front of a Republican crowd...he's booed off the stage... This guy is spinning like a neutron star...
His standard opening line is : Yes, But what I really meant to say was________.
Oh please...How Pitiful... Romney is an executive in Bubbaland... He can't spew the hate and lies convincingly ...as is required to be a regular on Fox...
AND THIS IS THEIR FRONT RUNNING NOMINEE...!
Romney and Huntsman are lost boys in this Fox Republican party...a decade too late. Both will be out of the race soon...
Republicans followed the demands of Fox for ever more crazy talk...and now they are reaping the harvest...
He dares not appear in front of a Republican crowd...he's booed off the stage... This guy is spinning like a neutron star...
His standard opening line is : Yes, But what I really meant to say was________.
Oh please...How Pitiful... Romney is an executive in Bubbaland... He can't spew the hate and lies convincingly ...as is required to be a regular on Fox...
AND THIS IS THEIR FRONT RUNNING NOMINEE...!
Romney and Huntsman are lost boys in this Fox Republican party...a decade too late. Both will be out of the race soon...
Republicans followed the demands of Fox for ever more crazy talk...and now they are reaping the harvest...
ROMNEY WILL BE NEXT TO DROP OUT...!
CLEARLY THIS IS THE "YEAR OF THE FREAK" IN THE FOX REPUBLICAN PARTY...
NORMAL ACTING OLD SCHOOL POLITICIANS...LIKE ROMNEY AND PAWLENTY DON'T STAND A CHANCE THIS YEAR...
T-PAW IS NOW GONE...
AND ROMNEY ...THE SO CALLED REPUBLICAN "FRONT RUNNER"... (OLD STYLE)...IS AVOIDING REPUBLICANS AS MUCH AS POSSIBLE...!! HE'S BOOED WHEN EVER HE SPEAKS TO THEM...!!
ROMNEY'S SLOGAN IN FRONT OF REPUBLICANS IS : "ACTUALLY WHAT I MEANT TO SAY WAS....."
ROMNEY IS JUST GENETICALLY INCAPABLE OF BEING FREAKY ENOUGH FOR REPUBLICANS IN 2012...
HE JUST CAN'T UTTER PURE BULLSHIT AND LIES WITH A STRAIGHT FACE...FOX STYLE...
LOOK AT HIM WHEN HE IS TRYING TO "SPEW HATE"...AS IS REQUIRED OF ANY REAL REPUBLICAN NOWADAYS...
HIS BOARD ROOM DEMEANOR MAKES HIM LOOK RIDICULOUS...
ROMNEY IS A TOTAL FLOP...
THIS IS THE YEAR OF THE FOX FREAK...
ONLY THE SCARY AND HALF CRAZED NEED APPLY FOR THE REPUBLICAN NOMINATION...!
PEOPLE LIKE BACHMAN, PAUL AND PERRY...THEY ARE THE ONES...
ROMNEY SHOULD JUST QUIT...AND SAVE HIMSELF A LOT OF TROUBLE AND MONEY...
NORMAL ACTING OLD SCHOOL POLITICIANS...LIKE ROMNEY AND PAWLENTY DON'T STAND A CHANCE THIS YEAR...
T-PAW IS NOW GONE...
AND ROMNEY ...THE SO CALLED REPUBLICAN "FRONT RUNNER"... (OLD STYLE)...IS AVOIDING REPUBLICANS AS MUCH AS POSSIBLE...!! HE'S BOOED WHEN EVER HE SPEAKS TO THEM...!!
ROMNEY'S SLOGAN IN FRONT OF REPUBLICANS IS : "ACTUALLY WHAT I MEANT TO SAY WAS....."
ROMNEY IS JUST GENETICALLY INCAPABLE OF BEING FREAKY ENOUGH FOR REPUBLICANS IN 2012...
HE JUST CAN'T UTTER PURE BULLSHIT AND LIES WITH A STRAIGHT FACE...FOX STYLE...
LOOK AT HIM WHEN HE IS TRYING TO "SPEW HATE"...AS IS REQUIRED OF ANY REAL REPUBLICAN NOWADAYS...
HIS BOARD ROOM DEMEANOR MAKES HIM LOOK RIDICULOUS...
ROMNEY IS A TOTAL FLOP...
THIS IS THE YEAR OF THE FOX FREAK...
ONLY THE SCARY AND HALF CRAZED NEED APPLY FOR THE REPUBLICAN NOMINATION...!
PEOPLE LIKE BACHMAN, PAUL AND PERRY...THEY ARE THE ONES...
ROMNEY SHOULD JUST QUIT...AND SAVE HIMSELF A LOT OF TROUBLE AND MONEY...
BYE BYE T-PAW....ROMNEY WILL BE THE NEXT TO DROP OUT...!
CLEARLY THIS IS THE "YEAR OF THE FREAK" IN THE FOX REPUBLICAN PARTY...
NORMAL ACTING OLD SCHOOL POLITICIANS...LIKE ROMNEY AND PAWLENTY DON'T STAND A CHANCE THIS YEAR...
T-PAW IS NOW GONE...
AND ROMNEY ...THE SO CALLED REPUBLICAN "FRONT RUNNER"... (OLD STYLE)...IS AVOIDING REPUBLICANS AS MUCH AS POSSIBLE...!! HE'S BOOED WHEN EVER HE SPEAKS TO THEM...!!
THIS IS THE YEAR OF THE FOX FREAK...
ONLY THE SCARY AND HALF CRAZED NEED APPLY FOR THE REPUBLICAN NOMINATION...!
NORMAL ACTING OLD SCHOOL POLITICIANS...LIKE ROMNEY AND PAWLENTY DON'T STAND A CHANCE THIS YEAR...
T-PAW IS NOW GONE...
AND ROMNEY ...THE SO CALLED REPUBLICAN "FRONT RUNNER"... (OLD STYLE)...IS AVOIDING REPUBLICANS AS MUCH AS POSSIBLE...!! HE'S BOOED WHEN EVER HE SPEAKS TO THEM...!!
THIS IS THE YEAR OF THE FOX FREAK...
ONLY THE SCARY AND HALF CRAZED NEED APPLY FOR THE REPUBLICAN NOMINATION...!
PERRY IS SCARY...! or BRING BACK THE PIT TOILETS...!
PERRY IS EFFECTIVELY SAYING HE WILL DISMANTLE WASHINGTON...AND ALLOW THE BIG BUSINESS TO LOOT THE COUNTRY EVEN MORE...!
NOW THAT IS SCARY...
WITH THE ECONOMY ALREADY STRUCTURALLY DAMAGED BY WALL STREET LOOTING...THE NOTION OF GOING FOR BUSH 2.0 IS SCARY...
PERRY'S RED NECK RELIGIOSITY MAY PLAY IN SOME AREAS OF THE SOUTH AND RURAL MIDWEST...BUT ITS UNLIKELY TO IMPRESS THE MORE EDUCATED...AND MORE PROSPEROUS PARTS OF THE COUNTRY...
PERRY IS SO SCARY... IT IS LIKELY THAT WALL STREET WILL SUPPORT OBAMA JUST TO KEEP THE GROWN UPS IN CHARGE...AND THE HUCKSTERS AND "CONSTITUTIONAL KOOKS" IN THE DEEP SOUTH...
AND OF COURSE... NOW...ON FOX.
NOW THAT IS SCARY...
WITH THE ECONOMY ALREADY STRUCTURALLY DAMAGED BY WALL STREET LOOTING...THE NOTION OF GOING FOR BUSH 2.0 IS SCARY...
PERRY'S RED NECK RELIGIOSITY MAY PLAY IN SOME AREAS OF THE SOUTH AND RURAL MIDWEST...BUT ITS UNLIKELY TO IMPRESS THE MORE EDUCATED...AND MORE PROSPEROUS PARTS OF THE COUNTRY...
PERRY IS SO SCARY... IT IS LIKELY THAT WALL STREET WILL SUPPORT OBAMA JUST TO KEEP THE GROWN UPS IN CHARGE...AND THE HUCKSTERS AND "CONSTITUTIONAL KOOKS" IN THE DEEP SOUTH...
AND OF COURSE... NOW...ON FOX.
Saturday, August 13, 2011
RICK PERRY : HE'S A SUPER FREAK...SUPER FREAKY...?
TRUST GOD AND CUT TAXES FOR THE RICH...WON'T FLY NATIONALLY...
ANOTHER EVANGELICAL GOOD OLE BOY SUPER FREAK IN THE WHITE HOUSE...WILL JUST ABOUT END IT.
ANOTHER EVANGELICAL GOOD OLE BOY SUPER FREAK IN THE WHITE HOUSE...WILL JUST ABOUT END IT.
Friday, August 12, 2011
IS THE TEA PARTY OVER...?
After this week...with the pitiful display of ignorance by Teabagger Republicans...
Obama is a landslide winner... It will be interesting how many Republican Senators can win...
As to the Tea Party...?
If they keep telling Granny that she has to give up her Social Security and Medicare...so we can have yet more tax cuts to coax the BLOATED rich into bringing their money back from China...!!
Forget it...! The Tea Party is over...
Although some may have lucrative second careers in AM radio...or on Fox News.
Obama is a landslide winner... It will be interesting how many Republican Senators can win...
As to the Tea Party...?
If they keep telling Granny that she has to give up her Social Security and Medicare...so we can have yet more tax cuts to coax the BLOATED rich into bringing their money back from China...!!
Forget it...! The Tea Party is over...
Although some may have lucrative second careers in AM radio...or on Fox News.
CAN OBAMA BEAT A "GENERIC" REPUBLICAN....?
Many people are naturally unhappy that Obama couldn't "solve" the Bush Depression in 3 years...
But the Republicans...who caused the Depression ....are so strange...so oddball...and so out of touch with real economics...that Obama will win in 2012...
If you liked the Republican Debt Ceiling Debacle...just imagine...4 years of that coming out of the White House...!!
The S&P would have to rate US Bonds as JUNK...!!!
Confidence in America would collapse to zero...
At least now...Obama and some of the best minds are trying to figure out how to turn around a looted and structurally damaged economy...and help the middle class...
UNFORTUNATELY FOR REPUBLICANS...NEITHER PEOPLE NOR REPUBLICANS COME IN "GENERIC"...THEY ALWAYS COMES WITH LOTS OF PERSONAL BAGGAGE...AND WITH REPUBLICANS LUNATIC THINKING AND CRACKPOT NOTIONS...
Anyway... Republicans would just go back to more of the same...with Dubya's mindless looting and Jingoism....and "reformed" boozer fake religiosity.
Election any Republican as President in 2012 would be a total disaster that could destroy the nation... (Of course THAT is EXACTLY what many Republicans want...!)
BUT...My hunch is that the clowns won't win...and Obama will be re-elected.
But the Republicans...who caused the Depression ....are so strange...so oddball...and so out of touch with real economics...that Obama will win in 2012...
If you liked the Republican Debt Ceiling Debacle...just imagine...4 years of that coming out of the White House...!!
The S&P would have to rate US Bonds as JUNK...!!!
Confidence in America would collapse to zero...
At least now...Obama and some of the best minds are trying to figure out how to turn around a looted and structurally damaged economy...and help the middle class...
UNFORTUNATELY FOR REPUBLICANS...NEITHER PEOPLE NOR REPUBLICANS COME IN "GENERIC"...THEY ALWAYS COMES WITH LOTS OF PERSONAL BAGGAGE...AND WITH REPUBLICANS LUNATIC THINKING AND CRACKPOT NOTIONS...
Anyway... Republicans would just go back to more of the same...with Dubya's mindless looting and Jingoism....and "reformed" boozer fake religiosity.
Election any Republican as President in 2012 would be a total disaster that could destroy the nation... (Of course THAT is EXACTLY what many Republicans want...!)
BUT...My hunch is that the clowns won't win...and Obama will be re-elected.
BAN ON SHORT SELLING IS THE KISS OF DEATH...!
WHY....?
BECAUSE SHORT SELLERS ARE OFTEN THE BUYERS OF LAST RESORT...
SHORTS PROVIDE A BOTTOM TO THE MARKET...
LONGS PROVIDE A TOP...
TAKE AWAY THE SHORT SELLERS...AND THE BOTTOM COULD FALL OUT...!
BECAUSE SHORT SELLERS ARE OFTEN THE BUYERS OF LAST RESORT...
SHORTS PROVIDE A BOTTOM TO THE MARKET...
LONGS PROVIDE A TOP...
TAKE AWAY THE SHORT SELLERS...AND THE BOTTOM COULD FALL OUT...!
KRUGMAN STILL LIGHTING CANDLES ON THE ALTER OF ST. MAYNARD
MAYBE A MIRACLE WILL HAPPEN
BUT I DON'T THINK SO...
STRUCTURAL DAMAGE CAN NOT BE "CURED" BY CYCLICAL MEDICINE...
ITS MERCHANTILISM OR MARX FOR AMERICA NOW...!
BUT I DON'T THINK SO...
STRUCTURAL DAMAGE CAN NOT BE "CURED" BY CYCLICAL MEDICINE...
ITS MERCHANTILISM OR MARX FOR AMERICA NOW...!
REPUBLICAN CLOWNS DEBATE FREAKISH "POLICIES"...
IF YOU LIKED THE RECENT DEBT CEILING DEBACLE...?
YOU'LL LOVE THE NEXT REPUBLICAN PRESIDENT...!!
LAST NIGHTS DEBATE...WAS A FREAK SHOW OF POLITICAL ODDBALLS NONE OF WHOM ANYONE COULD IMAGINE RUNNING THE COUNTRY...
BUT ANY ONE OF THEM COULD HAVE A GREAT CAREER AS A TALK SHOW HOST ON FOX OR AM HATE RADIO...!
YOU'LL LOVE THE NEXT REPUBLICAN PRESIDENT...!!
LAST NIGHTS DEBATE...WAS A FREAK SHOW OF POLITICAL ODDBALLS NONE OF WHOM ANYONE COULD IMAGINE RUNNING THE COUNTRY...
BUT ANY ONE OF THEM COULD HAVE A GREAT CAREER AS A TALK SHOW HOST ON FOX OR AM HATE RADIO...!
Thursday, August 11, 2011
CHINA INVADES AMERICA...!!
IF ITS A MATTER OF "INVADING" WITH GUNS OR MONEY...GO WITH MONEY.
MONEY CAN BUY GUNS... GUNS ALONE ARE OFTEN PROBLEMATIC AT BEST...AS AMERICANS ARE DISCOVERING IN AFGHANISTAN...
MONEY CAN BUY GUNS... GUNS ALONE ARE OFTEN PROBLEMATIC AT BEST...AS AMERICANS ARE DISCOVERING IN AFGHANISTAN...
HAVE REPUBLICANS BECOME THE "OBAMA HATERS" PARTY...?
The entire Republican Party has become a Fox News clown show...
They have sold their soul to Fox...exchanging "entertainment" for free media air time...
But since the Republicans have always said there was a MSM "bias" against them...you can understand their need for a "safe house" in the media...
Fox is that safe house for Republicans... Unfortunately...the need to be entertaining...has replaced the need to have valid public policies...for Republicans...
In the midst of "real news"...as today...Fox remains strictly an Clown Show of Obama Haters...and they just can't move beyond that to real policy and reporting that people will accept...as fair and balanced.
Few people will resort to Fox News when real news is breaking... CNN, MSNBC and CNBC have that role...because they have a sense for reporting fact...not the Anti-Obama spin...24/7.
Now Republicans have backed themselves into being the anti-Social Security and Medicare party...with a fanatical tax policy that EVEN THE RICH often don't agree with ...to the point of trashing the economy and the markets...which the rich rely on!
Because of their their fanatical hatred for Obama...which is almost a monomania...Republicans have burnt down their own house and threaten to take the nation down with them...!
Republicans may have forfeited the 2012 election to Obama...!!
They have sold their soul to Fox...exchanging "entertainment" for free media air time...
But since the Republicans have always said there was a MSM "bias" against them...you can understand their need for a "safe house" in the media...
Fox is that safe house for Republicans... Unfortunately...the need to be entertaining...has replaced the need to have valid public policies...for Republicans...
In the midst of "real news"...as today...Fox remains strictly an Clown Show of Obama Haters...and they just can't move beyond that to real policy and reporting that people will accept...as fair and balanced.
Few people will resort to Fox News when real news is breaking... CNN, MSNBC and CNBC have that role...because they have a sense for reporting fact...not the Anti-Obama spin...24/7.
Now Republicans have backed themselves into being the anti-Social Security and Medicare party...with a fanatical tax policy that EVEN THE RICH often don't agree with ...to the point of trashing the economy and the markets...which the rich rely on!
Because of their their fanatical hatred for Obama...which is almost a monomania...Republicans have burnt down their own house and threaten to take the nation down with them...!
Republicans may have forfeited the 2012 election to Obama...!!
Wednesday, August 10, 2011
TEABAGGERS ASK : HOW "SMART" IS OBAMA...?
Obama is smart enough... Is he a physics and math genius...no...
Obama has the requried intelligence to do what is needed...and to get the job done...
In the Presidency you need to rely on many experts...these are people who have spent a lifetime studying small specialized areas...
Obama has the sense to listen to these experts... No one is really prepared to be President...the job is utterly unique...
OBAMA RESPECTS INTELLIGENCE AND HE HAS COMPASSION FOR OTHERS...and that is in contrast to Sonny Boy Bush...who was a rude dunce and proud of it... It was the Ivy League Legacy Way of life...
Dubya could not even complete an obvious sentence...you could just watch him losing his train of thought... Whether it was drugs or alcohol with Dubya...or some kind of inherited BUSH THING... is open to question...
Remember Poppy was not a real big talker either...He too had trouble with the "vision thing"...
Additionally Liberals and Progressives tend to have "social smarts"...the have the capacity to empathize with other people...
This is totally lacking in most Republicans...
So in that regard Obama is smarter that ANY Republican... The Greed Thing is very damaging to Republicans ability to govern...and their lack of ability to empathize is a fatal flaw...
If you want Social Security and Medicare saved...you vote for Obama
If you want more tax cuts for the rich...and the working class reduced to poverty...you vote Republican...
HOW SMART ARE YOU...?
Obama has the requried intelligence to do what is needed...and to get the job done...
In the Presidency you need to rely on many experts...these are people who have spent a lifetime studying small specialized areas...
Obama has the sense to listen to these experts... No one is really prepared to be President...the job is utterly unique...
OBAMA RESPECTS INTELLIGENCE AND HE HAS COMPASSION FOR OTHERS...and that is in contrast to Sonny Boy Bush...who was a rude dunce and proud of it... It was the Ivy League Legacy Way of life...
Dubya could not even complete an obvious sentence...you could just watch him losing his train of thought... Whether it was drugs or alcohol with Dubya...or some kind of inherited BUSH THING... is open to question...
Remember Poppy was not a real big talker either...He too had trouble with the "vision thing"...
Additionally Liberals and Progressives tend to have "social smarts"...the have the capacity to empathize with other people...
This is totally lacking in most Republicans...
So in that regard Obama is smarter that ANY Republican... The Greed Thing is very damaging to Republicans ability to govern...and their lack of ability to empathize is a fatal flaw...
If you want Social Security and Medicare saved...you vote for Obama
If you want more tax cuts for the rich...and the working class reduced to poverty...you vote Republican...
HOW SMART ARE YOU...?
WHY WISCONSIN RECALLS FAILED...!!
People are sick of public sector unions.... Why should they get defined benefit pensions and health care for life...
While everyone else struggles in the dismal low wage private economy...!
If the Progressives think that the public sector unions will win for them...they are wrong...
What happen to the private sector unions...their jobs are in China...!
For Progressives to win...they need to show the Angry White Teabaggers that they are barking up the wrong tree...because...
More Wall Street BLOATING is not going to solve anything...!!
We have the odd situation where angry unemployed white men in the Tea Party...are rooting for the looting elites that sent their living wage jobs to China...!!
When will the Bubba Republicans wake up...and quit digging the hole deeper...
We are now being told that Tea Party Granny ...WANTS HER SOCIAL SECURITY AND MEDICARE CANCELLED...! Just ask Bachman and Perry ...that's all they talk about with seniors...!!
WHEN DOES SANITY RETURN...?
While everyone else struggles in the dismal low wage private economy...!
If the Progressives think that the public sector unions will win for them...they are wrong...
What happen to the private sector unions...their jobs are in China...!
For Progressives to win...they need to show the Angry White Teabaggers that they are barking up the wrong tree...because...
More Wall Street BLOATING is not going to solve anything...!!
We have the odd situation where angry unemployed white men in the Tea Party...are rooting for the looting elites that sent their living wage jobs to China...!!
When will the Bubba Republicans wake up...and quit digging the hole deeper...
We are now being told that Tea Party Granny ...WANTS HER SOCIAL SECURITY AND MEDICARE CANCELLED...! Just ask Bachman and Perry ...that's all they talk about with seniors...!!
WHEN DOES SANITY RETURN...?
WHAT WENT WRONG...?
WHAT WENT WRONG...?
SINCE 1982 THE NOTION WAS THAT IF WALL STREET WAS HAPPY...EVERYONE WOULD BE HAPPY...
SO THE ORDINARY PERSON...THE AMERICAN CONSUMER WAS IGNORED... WAGES FALL...JOBS LEFT...BUT HEY...YOU GOT A 401K...JUST LIKE THE RICH GUYS...YOU CAN LIVE OFF THE STOCK MARKET...
WE DON'T NEED NO "DOMESTIC ECONOMY"...PRODUCTION IS STOOP LABOR...LET THE LITTLE BROWN AND YELLOW PEOPLE DO IT...
AMERICANS CAN LIVE OFF STOCKS BONDS AND THE ALMIGHTY DOLLAR...
DON'T ROCK THE BOAT...!
GET WITH THE PROGRAM...
WELL...25 YEARS LATER...WE KNOW THAT WAS ALL BULLSHIT...!
EVEN TODAY THE NOTION IS "FIX WALL STREET"...NOT FIX THE CONSUMER...ITS AS IF YOU CAN HAVE CONSUMERISM WITHOUT THE CONSUMER...
THESE ARE THE END TIMES....
AND THE BIG FUCKIN 2000 POUND CHICKEN IS COMING HOME TO ROOST...
DON'T BOTHER ME WITH BULLSHIT THEORIES...EVERYONE KNOWS WHAT HAPPEN...AND WHY AMERICA IS SCREWED...
IT WAS LOOTED BY THE ELITES...AND NOW THEY ARE TRYING TO DENY IT...
SINCE 1982 THE NOTION WAS THAT IF WALL STREET WAS HAPPY...EVERYONE WOULD BE HAPPY...
SO THE ORDINARY PERSON...THE AMERICAN CONSUMER WAS IGNORED... WAGES FALL...JOBS LEFT...BUT HEY...YOU GOT A 401K...JUST LIKE THE RICH GUYS...YOU CAN LIVE OFF THE STOCK MARKET...
WE DON'T NEED NO "DOMESTIC ECONOMY"...PRODUCTION IS STOOP LABOR...LET THE LITTLE BROWN AND YELLOW PEOPLE DO IT...
AMERICANS CAN LIVE OFF STOCKS BONDS AND THE ALMIGHTY DOLLAR...
DON'T ROCK THE BOAT...!
GET WITH THE PROGRAM...
WELL...25 YEARS LATER...WE KNOW THAT WAS ALL BULLSHIT...!
EVEN TODAY THE NOTION IS "FIX WALL STREET"...NOT FIX THE CONSUMER...ITS AS IF YOU CAN HAVE CONSUMERISM WITHOUT THE CONSUMER...
THESE ARE THE END TIMES....
AND THE BIG FUCKIN 2000 POUND CHICKEN IS COMING HOME TO ROOST...
DON'T BOTHER ME WITH BULLSHIT THEORIES...EVERYONE KNOWS WHAT HAPPEN...AND WHY AMERICA IS SCREWED...
IT WAS LOOTED BY THE ELITES...AND NOW THEY ARE TRYING TO DENY IT...
Tuesday, August 9, 2011
BERNANKE PROMISES FLASH TRADERS FREE MONEY FOREVER...!
HE ALSO NOTED THAT THE US ECONOMY IS DISMAL...AND PROBABLY GETTING WORSE...
RESULT :
STOCKS SOAR INSANELY...
NOTHING UNUSUAL HERE...VERY MUCH PRO FORMA FOR THE FED...
WHAT WILL HAPPEN TOMORROW.... WHO KNOWS...WHO CARES...
THIS IS A FLASH TRADERS MARKET...THE RETAIL INVESTOR HAS BEEN OUT FOR YEARS...
THE ONLY THING WE KNOW FOR SURE...IS AMERICANS WILL GET POORER...AND STOCKS WILL CHURN AT THE CURRENT LEVEL...INDEFINITELY...GOING NOWHERE FAST...
STOP HYPERVENTILATING....AND GET USED TO IT...
RESULT :
STOCKS SOAR INSANELY...
NOTHING UNUSUAL HERE...VERY MUCH PRO FORMA FOR THE FED...
WHAT WILL HAPPEN TOMORROW.... WHO KNOWS...WHO CARES...
THIS IS A FLASH TRADERS MARKET...THE RETAIL INVESTOR HAS BEEN OUT FOR YEARS...
THE ONLY THING WE KNOW FOR SURE...IS AMERICANS WILL GET POORER...AND STOCKS WILL CHURN AT THE CURRENT LEVEL...INDEFINITELY...GOING NOWHERE FAST...
STOP HYPERVENTILATING....AND GET USED TO IT...
WANTED : ECONOMIC GENIUS TO EXPLAIN THE NEW LOW WAGE ECONOMY
As long as China is the dominant manufacturer in the world...
Workers wages are in a race to the bottom... The decline of wages is really the story of the last 20 years... It started with Raygun and the Air Traffic Controllers...
And ended in the recent mass exodus of manufacturing jobs and factories to China...
Some economic genius needs to "run the numbers" on what happens if low wages are the new paradigm for the global economy...and give the world a NEW LOW WAGE MODEL for the economy that is sustainable... If I see that the new model 'works'...I'm all for it...cut wages more...!
If it only allows capital to loot more...temporarily...then leads to another collapse...? Not so much...
The notion that ONLY public sector unionized workers get "living wages and benefits"...is not sustainable...as we see...
The riots in the UK...and the unrest in Wisconsin are related to the decline of the middle class in the west... WE ARE AT A TIPPING POINT...so this needs to be explained soon.
Workers wages are in a race to the bottom... The decline of wages is really the story of the last 20 years... It started with Raygun and the Air Traffic Controllers...
And ended in the recent mass exodus of manufacturing jobs and factories to China...
Some economic genius needs to "run the numbers" on what happens if low wages are the new paradigm for the global economy...and give the world a NEW LOW WAGE MODEL for the economy that is sustainable... If I see that the new model 'works'...I'm all for it...cut wages more...!
If it only allows capital to loot more...temporarily...then leads to another collapse...? Not so much...
The notion that ONLY public sector unionized workers get "living wages and benefits"...is not sustainable...as we see...
The riots in the UK...and the unrest in Wisconsin are related to the decline of the middle class in the west... WE ARE AT A TIPPING POINT...so this needs to be explained soon.
FLASH MOBS ATTACK AMERICAN CITIES...!
SOON AMERICANS WILL BE READY FOR "THE LEADER" WHO PROMISES STABILITY AND SAFETY...
THESE ARE THE END TIMES ....SOMETHING NEW IS COMING...
THESE ARE THE END TIMES ....SOMETHING NEW IS COMING...
SOCIETAL BREAKDOWN AND THE END OF CAPITALISM
CLEARLY WE ARE ENTERING A BRAVE NEW WORLD OF ECONOMIC CHAOS...
THE END GAME OF CAPITALISM SEEMS TO BE UNFOLDING...SLOWLY AT FIRST...NOW EVERYDAY SOMETHING NEW... BUT WHEN THE GREATEST CAPITALIST ECONOMY IN THE WORLD IS COMMUNIST CHINA...! SOME PROBLEMS CAN BE EXPECTED....
THE PAX AMERICANA IS MORPHING INTO THE POX AMERICANA...
THE RIOTS IN THE UK ARE ONLY THE START...IN AMERICA THERE IS UNREST ON AN INDIVIDUAL LEVEL...MASS SHOOTINGS...RANDOM SHOOTINGS...YOUTH MOBS PROWLING...OUTRAGE...RANTING ON ALL SIDES...
THIS IS TO BE EXPECTED IN PERIODS WHERE ECONOMIC TECTONIC PLATES ARE SHIFTING...
THE FED IS AT A LOSS ABOUT WHAT TO DO... THE GOVERNMENT IS DIVIDED BETWEEN THE LIBERALS AND THE FASCISTS....
GOLD IS SOARING...
THE EQUILIBRIUM HAS BEEN BROKEN...
THE END OF AN ERA IS UPON US...
THE END GAME OF CAPITALISM SEEMS TO BE UNFOLDING...SLOWLY AT FIRST...NOW EVERYDAY SOMETHING NEW... BUT WHEN THE GREATEST CAPITALIST ECONOMY IN THE WORLD IS COMMUNIST CHINA...! SOME PROBLEMS CAN BE EXPECTED....
THE PAX AMERICANA IS MORPHING INTO THE POX AMERICANA...
THE RIOTS IN THE UK ARE ONLY THE START...IN AMERICA THERE IS UNREST ON AN INDIVIDUAL LEVEL...MASS SHOOTINGS...RANDOM SHOOTINGS...YOUTH MOBS PROWLING...OUTRAGE...RANTING ON ALL SIDES...
THIS IS TO BE EXPECTED IN PERIODS WHERE ECONOMIC TECTONIC PLATES ARE SHIFTING...
THE FED IS AT A LOSS ABOUT WHAT TO DO... THE GOVERNMENT IS DIVIDED BETWEEN THE LIBERALS AND THE FASCISTS....
GOLD IS SOARING...
THE EQUILIBRIUM HAS BEEN BROKEN...
THE END OF AN ERA IS UPON US...
Monday, August 8, 2011
PLUNGE CONTINUES IN ASIA...!!!
WAKE ME UP WHEN BLUE CHIP STOCKS ARE PAYING AN HISTORICALLY REASONABLE 5% RETURN ANNUALLY...
I DON'T CARE IF ITS DIVIDENDS OR APPRECIATION ... OR A COMBO OF BOTH...
UNTIL THEN...STOCKS ARE SIMPLY A LOTTERY TICKET...IN THE FLASH TRADERS COMPUTER GAME...!
AND I'M NOT PLAYING AGAINST AN ALGORITHM...ITS GAMBLING NOT INVESTING...
I DON'T CARE IF ITS DIVIDENDS OR APPRECIATION ... OR A COMBO OF BOTH...
UNTIL THEN...STOCKS ARE SIMPLY A LOTTERY TICKET...IN THE FLASH TRADERS COMPUTER GAME...!
AND I'M NOT PLAYING AGAINST AN ALGORITHM...ITS GAMBLING NOT INVESTING...
WAS THE CRASH A "FLASH" EVENT...?
SOMETHING ABOUT THIS CRASH DOES NOT PASS THE SMELL TEST..
IF GOLD SOARED INSANELY...WHY DID OIL PLUNGE...? THE TWO ARE PRICED IN DOLLARS...!
IF EVERYTHING IS GOING TO HELL...WHY DID AMERICA'S DOWNGRADED AA BONDS SOAR...
BUT THEN, OF COURSE, THOSE SAME DOWNGRADES 'CAUSED' THE CRASH IN STOCKS...SUPPOSEDLY...??
WHATS GOING ON HERE...
OK EUROLAND IS IN TROUBLE...BUT THEY SEEM TO KNOW WHAT THEY ARE DOING...AND CAN HANDLE IT...
MY HUNCH IS THAT THIS WAS INSIDE TRADING BY FLASH TRADERS AND HEDGIES...BASED IN SOME COMPUTER ALGORITHMS...THAT "ASSUMED" SOME THINGS THAT DID NOT HAPPEN AFTER THE DOWNGRADE....
LIKELY THERE IS A BIG SNAP BACK RALLY COMING...BECAUSE THIS LOOKS MORE LIKE A FLASH CRASH THAN ANYTHING DEEPER...
IF GOLD SOARED INSANELY...WHY DID OIL PLUNGE...? THE TWO ARE PRICED IN DOLLARS...!
IF EVERYTHING IS GOING TO HELL...WHY DID AMERICA'S DOWNGRADED AA BONDS SOAR...
BUT THEN, OF COURSE, THOSE SAME DOWNGRADES 'CAUSED' THE CRASH IN STOCKS...SUPPOSEDLY...??
WHATS GOING ON HERE...
OK EUROLAND IS IN TROUBLE...BUT THEY SEEM TO KNOW WHAT THEY ARE DOING...AND CAN HANDLE IT...
MY HUNCH IS THAT THIS WAS INSIDE TRADING BY FLASH TRADERS AND HEDGIES...BASED IN SOME COMPUTER ALGORITHMS...THAT "ASSUMED" SOME THINGS THAT DID NOT HAPPEN AFTER THE DOWNGRADE....
LIKELY THERE IS A BIG SNAP BACK RALLY COMING...BECAUSE THIS LOOKS MORE LIKE A FLASH CRASH THAN ANYTHING DEEPER...
BYE BYE TEABAGGERS...!!
Wall Street is scared now...
So the Tax hikes on the BLOATED rich and the multinational LOOTERS... could be easier to get...perhaps, just let the Bush tax cuts end ...
These entitlement tweeks wouldn't that bad...BUT something should be done about fee for service medicine which is where the real problems are...
Likely the elites will turn on their Teabaggers Bubbas soon...
These people were only useful for a while...and they were really more a product of Fox News than Wall Street...as "tools and dupes" for Republican policies.
The Tea Party is over...as the debt ceiling debacle proved...
S&P did Americans a favor...they smashed the Fox lunatics...and opened the nation to a rational discussion of the issues...
I sense fear in the voices of those Republicans who hitched their hopes to TeaBagging...!
Bye Bye Teabaggers...!! Your idiocy is over...!
So the Tax hikes on the BLOATED rich and the multinational LOOTERS... could be easier to get...perhaps, just let the Bush tax cuts end ...
These entitlement tweeks wouldn't that bad...BUT something should be done about fee for service medicine which is where the real problems are...
Likely the elites will turn on their Teabaggers Bubbas soon...
These people were only useful for a while...and they were really more a product of Fox News than Wall Street...as "tools and dupes" for Republican policies.
The Tea Party is over...as the debt ceiling debacle proved...
S&P did Americans a favor...they smashed the Fox lunatics...and opened the nation to a rational discussion of the issues...
I sense fear in the voices of those Republicans who hitched their hopes to TeaBagging...!
Bye Bye Teabaggers...!! Your idiocy is over...!
STOCK CRASH MORE ABOUT QE3...THAN S&P...?
SOMETHING ABOUT THIS CRASH DOESN'T PASS THE SMELL TEST...
S&P WAS NOT REALLY NEWS...THE END OF QE WAS THE REAL FACTOR BEHIND THE RECENT RALLY...AND PERHAPS BEHIND THE CURRENT PLUNGE...
THE PROBLEM IS THAT MORE QE IS ALMOST IMPOSSIBLE GIVEN THE GEO-ECONOMIC SITUATION...WHICH IS BAD...
INDEED BONDS SOARED...AFTER S&P...THEY DID NOT FALL...THIS PUTS THE LIE TO THE ARGUMENT THAT THE PLUNGE IS ABOUT S&P...
IN TRUTH...S&P DID AMERICANS A FAVOR...BY EXPOSING THE TEABAGGER CRANKS FOR WHAT THEY ARE...
ALL THE PROBLEMS ARE SOLVABLE IF ONLY WE COULD GET THE TEABAGGERS AND THE FOX CLOWN POSSE OFF OUR BACKS...
AND THAT SEEMS TO BE HAPPENING NOW...
I AM NOT REALLY THAT GLOOMY ABOUT WHAT HAS HAPPENED...
RAISE TAXES ON THE RICH...MODIFY ENTITLEMENTS A BIT...GET TOUGH ON CHINA...AND EXPOSE THE FOX FREAKS FOR WHAT THEY ARE....
AND A LOT OF PROBLEMS WILL BE SOLVED...
S&P WAS NOT REALLY NEWS...THE END OF QE WAS THE REAL FACTOR BEHIND THE RECENT RALLY...AND PERHAPS BEHIND THE CURRENT PLUNGE...
THE PROBLEM IS THAT MORE QE IS ALMOST IMPOSSIBLE GIVEN THE GEO-ECONOMIC SITUATION...WHICH IS BAD...
INDEED BONDS SOARED...AFTER S&P...THEY DID NOT FALL...THIS PUTS THE LIE TO THE ARGUMENT THAT THE PLUNGE IS ABOUT S&P...
IN TRUTH...S&P DID AMERICANS A FAVOR...BY EXPOSING THE TEABAGGER CRANKS FOR WHAT THEY ARE...
ALL THE PROBLEMS ARE SOLVABLE IF ONLY WE COULD GET THE TEABAGGERS AND THE FOX CLOWN POSSE OFF OUR BACKS...
AND THAT SEEMS TO BE HAPPENING NOW...
I AM NOT REALLY THAT GLOOMY ABOUT WHAT HAS HAPPENED...
RAISE TAXES ON THE RICH...MODIFY ENTITLEMENTS A BIT...GET TOUGH ON CHINA...AND EXPOSE THE FOX FREAKS FOR WHAT THEY ARE....
AND A LOT OF PROBLEMS WILL BE SOLVED...
THE REAGAN END GAME IS UPON US...!
Raygun was in the early stages of dementia during his entire Presidency...perhaps that was why he appealed to many Americans...
Nixon went to China... But Raygun started the mass exodus of American jobs to China...
The rest is history...
The future President who saves America...will be a protectionist...who realizes that all economies are local...and that there is far too much cheap labor in the world to trust capital to "do the right thing"...
America needs to have the same kind of Tariffs...that China uses to force production to move there...for the cheap labor...
Obama was merely the President who inherited the disaster of RayGunOmics...which was in its Fatal End Game under the Bush Family...after the final bubble exploded.
I am hoping for a Republican President in 2012...only because Republicans will give Americans what they deserve...not what they need...
Nixon went to China... But Raygun started the mass exodus of American jobs to China...
The rest is history...
The future President who saves America...will be a protectionist...who realizes that all economies are local...and that there is far too much cheap labor in the world to trust capital to "do the right thing"...
America needs to have the same kind of Tariffs...that China uses to force production to move there...for the cheap labor...
Obama was merely the President who inherited the disaster of RayGunOmics...which was in its Fatal End Game under the Bush Family...after the final bubble exploded.
I am hoping for a Republican President in 2012...only because Republicans will give Americans what they deserve...not what they need...
S&P FORCES AMERICANS TO FACE REALITY....
ITS NOT THE DOWNGRADE THAT HURTS AMERICA...
ITS REALITY...! ALL THE JOBS ARE IN CHINA...AND MORE OR GOING EVERYDAY...
CHINA HAS HUGE TARIFFS AGAINST AMERICAN IMPORTS...BUT AMERICAN BUSINESS IS SO DESPERATE FOR CHEAP LABOR...THEY MOVE PRODUCTION TO CHINA DESPITE THIS...
CHINA IS NOT DESTROYING AMERICA...CAPITALIST GREED IS DESTROYING AMERICA...
WITH EVERY NEW CRISIS...THE REALITY OF THE SITUATION IS BEING HINTED AT... YES...ONLY HINTED...BECAUSE THE TRUTH CAN NOT BE TOLD...
NOT YET... BUT WE ARE GETTING CLOSER TO THE DAY OF TRUTH TELLING WITH EACH BAD DATA POINT...
REALITY IS COMING ON AMERICANS...IN A WAY THAT THE MEDIA AND OTHER ELITES SIMPLY ARE AFRAID TO SAY...
ITS REALITY...! ALL THE JOBS ARE IN CHINA...AND MORE OR GOING EVERYDAY...
CHINA HAS HUGE TARIFFS AGAINST AMERICAN IMPORTS...BUT AMERICAN BUSINESS IS SO DESPERATE FOR CHEAP LABOR...THEY MOVE PRODUCTION TO CHINA DESPITE THIS...
CHINA IS NOT DESTROYING AMERICA...CAPITALIST GREED IS DESTROYING AMERICA...
WITH EVERY NEW CRISIS...THE REALITY OF THE SITUATION IS BEING HINTED AT... YES...ONLY HINTED...BECAUSE THE TRUTH CAN NOT BE TOLD...
NOT YET... BUT WE ARE GETTING CLOSER TO THE DAY OF TRUTH TELLING WITH EACH BAD DATA POINT...
REALITY IS COMING ON AMERICANS...IN A WAY THAT THE MEDIA AND OTHER ELITES SIMPLY ARE AFRAID TO SAY...
Sunday, August 7, 2011
FUTURES PLUNGE ON S&P DOWN GRADE...!!
S&P PRICED IN...?
PERHAPS NOT...
PUT YOUR TRAY TABLES IN THEIR UPRIGHT POSITION...
AND PREPARE FOR A HARD LANDING...!!
BECAUSE THE SHIT IS GOING TO HIT THE FAN IN THIS KABUKI THEATRE...!!
PERHAPS NOT...
PUT YOUR TRAY TABLES IN THEIR UPRIGHT POSITION...
AND PREPARE FOR A HARD LANDING...!!
BECAUSE THE SHIT IS GOING TO HIT THE FAN IN THIS KABUKI THEATRE...!!
S&P ...THE STRAW THAT BROKE THE CAMEL'S BACK...?
ALONE...WITHOUT OTHER FACTORS... THE S&P DOWNGRADE WAS PROBABLY PRICED INTO THE MARKETS...
BUT IN CONJUNCTION WITH OTHER RECENT EVENTS...IT COULD BE THE TIPPING POINT...
IT IS QUITE CLEAR TO EVERYONE THAT THE FOCUS OF THE WORLD ECONOMY IS SHIFTING AWAY FROM THE ANGLO-EUROPEAN SPHERE...TO ASIA...
THIS IS A MAJOR SHIFT IN THE ECONOMY'S TECTONIC PLATES... THINGS LIKE THIS ONLY HAPPEN RARELY...AND OFTEN WILL GREAT DISLOCATIONS...
AMERICA IS OUT OF CONTROL... ITS A NATION OF FOOLS...AND IT HAS BEEN FOR SOME TIME...
THE WORLD IS LOOKING TO MOVE AWAY FROM AMERICAN LEADERSHIP ASAP...
LIKELY THIS REVERSAL OF THE ECONOMIC POLES WILL BE SUDDEN AND SWIFT...
AND OUR CURRENT ECONOMIC GLOBALISM COULD END WITH A BANG- NOT A WHIMPER...
BUT IN CONJUNCTION WITH OTHER RECENT EVENTS...IT COULD BE THE TIPPING POINT...
IT IS QUITE CLEAR TO EVERYONE THAT THE FOCUS OF THE WORLD ECONOMY IS SHIFTING AWAY FROM THE ANGLO-EUROPEAN SPHERE...TO ASIA...
THIS IS A MAJOR SHIFT IN THE ECONOMY'S TECTONIC PLATES... THINGS LIKE THIS ONLY HAPPEN RARELY...AND OFTEN WILL GREAT DISLOCATIONS...
AMERICA IS OUT OF CONTROL... ITS A NATION OF FOOLS...AND IT HAS BEEN FOR SOME TIME...
THE WORLD IS LOOKING TO MOVE AWAY FROM AMERICAN LEADERSHIP ASAP...
LIKELY THIS REVERSAL OF THE ECONOMIC POLES WILL BE SUDDEN AND SWIFT...
AND OUR CURRENT ECONOMIC GLOBALISM COULD END WITH A BANG- NOT A WHIMPER...
EUROLAND HAVING ITS SEPTEMBER 2008 MOMENT...?
THIS DEPRESSION WAS NEVER SOLVED ...
THEY JUST KICKED THE CAN INTO THE KABUKI THEATER OF GLOBAL POLITICS...
THE SLOW MOTION TRAIN WRECK IS BACK...
MY SENSE IS THAT WE ARE HAVING A 1931 MOMENT...WHEN THE BRITS WENT OFF GOLD...AND THE GREAT DEPRESSION REALLY GOT GOING...
ODD HOW MANY PEOPLE THINK THAT 1929 WAS THE BEGINNING OF THE DEPRESSION... STOCKS ARE A SYMPTOM...BUT NOT THE CAUSE...OF GREAT DEPRESSIONS.
GREAT DEPRESSIONS ARE CAUSED BY TECTONIC SHIFTS IN THE CURRENCY AND BOND MARKETS...
1931 WAS THE SHIFT AWAY FROM THE POUND...
2011 IS ABOUT THE SHIFT AWAY FROM THE DOLLAR...
ACTUALLY 1931 WAS PROBABLY EASIER...BECAUSE THE DOLLAR WAS WAITING TO BE BLESSED BY KEYNES IN 1944 AT BRETTON WOODS...
TODAY A NEW RESERVE CURRENCY IS LESS CERTAIN...
BECAUSE THE CHINESE ARE JUST TOO ODD AND ISOLATIONIST IN THEIR HISTORY TO EVER LEAD THE WORLD ECONOMICALLY AND GEO-POLITICALLY...
THE UK AND THE US...WERE REALLY GOD SENDS DURING THE 20TH CENTURY...BOTH BEING INTERNATIONALIST BUT NOT REALLY IMPERIALIST...AT THEIR CORES...
ALAS ~ THAT HAS ALL NOW ENDED...
THEY JUST KICKED THE CAN INTO THE KABUKI THEATER OF GLOBAL POLITICS...
THE SLOW MOTION TRAIN WRECK IS BACK...
MY SENSE IS THAT WE ARE HAVING A 1931 MOMENT...WHEN THE BRITS WENT OFF GOLD...AND THE GREAT DEPRESSION REALLY GOT GOING...
ODD HOW MANY PEOPLE THINK THAT 1929 WAS THE BEGINNING OF THE DEPRESSION... STOCKS ARE A SYMPTOM...BUT NOT THE CAUSE...OF GREAT DEPRESSIONS.
GREAT DEPRESSIONS ARE CAUSED BY TECTONIC SHIFTS IN THE CURRENCY AND BOND MARKETS...
1931 WAS THE SHIFT AWAY FROM THE POUND...
2011 IS ABOUT THE SHIFT AWAY FROM THE DOLLAR...
ACTUALLY 1931 WAS PROBABLY EASIER...BECAUSE THE DOLLAR WAS WAITING TO BE BLESSED BY KEYNES IN 1944 AT BRETTON WOODS...
TODAY A NEW RESERVE CURRENCY IS LESS CERTAIN...
BECAUSE THE CHINESE ARE JUST TOO ODD AND ISOLATIONIST IN THEIR HISTORY TO EVER LEAD THE WORLD ECONOMICALLY AND GEO-POLITICALLY...
THE UK AND THE US...WERE REALLY GOD SENDS DURING THE 20TH CENTURY...BOTH BEING INTERNATIONALIST BUT NOT REALLY IMPERIALIST...AT THEIR CORES...
ALAS ~ THAT HAS ALL NOW ENDED...
CAN REPUBLICANS WIN ON HATE ALONE...?
CAN "BLAME OBAMA" WIN FOR REPUBLICANS IN 2012...?
I don't think so...at some point the Republican nominee will have to have a program that is not an AM Hate Radio JOKE...and that can pass muster with the professional economists...
So far...Republicans are competing solely on who can rant the hardest against Obama...with the most creative vile comments...
The Newt's tongue seems to be attached to a completely demented mind at times... But others are catching up...
IF REPUBLICANS ARE GOING TO WIN ...THEY HAVE TO OFFER MORE THAN JUST BUSH 2.0...AND HATE OBAMA
WE'VE BEEN THERE AND WE KNOW HOW IT ENDS...
REPUBLICAN HATE RANTS JUST CAN'T WIN...
I don't think so...at some point the Republican nominee will have to have a program that is not an AM Hate Radio JOKE...and that can pass muster with the professional economists...
So far...Republicans are competing solely on who can rant the hardest against Obama...with the most creative vile comments...
The Newt's tongue seems to be attached to a completely demented mind at times... But others are catching up...
IF REPUBLICANS ARE GOING TO WIN ...THEY HAVE TO OFFER MORE THAN JUST BUSH 2.0...AND HATE OBAMA
WE'VE BEEN THERE AND WE KNOW HOW IT ENDS...
REPUBLICAN HATE RANTS JUST CAN'T WIN...
REPUBLICANS SUPPORT "OBAMA'S WAR"...
Obama had to be "tough on" Afghanistan because as a liberal and a black person...he would be vulnerable to attack on the right about being soft on defense...
Sadly Obama is continuing a senseless war that is undefined...and therefore unwinnable...
But the Pentagon wants a war to keep them busy...and Republicans will always support ONE OBAMA POLICY....
AND THAT IS MORE SENSELESS WAR....AND MORE WAR SPENDING "FOR THE TROOPS"...AND THE WAR INDUSTRY IN AMERICA.
So sad...but so true... Obama's war policy has been totally political...not strategic... There is nothing in Afghanistan now that should be of interest to the American taxpayer...
Sadly Obama is continuing a senseless war that is undefined...and therefore unwinnable...
But the Pentagon wants a war to keep them busy...and Republicans will always support ONE OBAMA POLICY....
AND THAT IS MORE SENSELESS WAR....AND MORE WAR SPENDING "FOR THE TROOPS"...AND THE WAR INDUSTRY IN AMERICA.
So sad...but so true... Obama's war policy has been totally political...not strategic... There is nothing in Afghanistan now that should be of interest to the American taxpayer...
MONDAY MARKET MANIA...
ALL THE TALK IS OF MONDAY MORNING...
SO FAR THE MARKETS OVERSEAS HAVE BEEN SPOOKY... NONE OF THEM ARE "IGNORING" S&P...OR WHATEVER ELSE IS OUT THERE...
SOME BLAME S&P...OTHERS ITALY...OTHERS CONGRESS...OTHERS "UNCERTAINTY"...
SURELY ALL ARE RIGHT...
IF THERE IS A GENERAL BREAKDOWN IN THE MARKETS...PANIC COULD ENSUE...AND THE RUSH TO BONDS ACCELERATE...
PERHAPS THE PPT WILL BE IN THE MARKETS EARLY...EVEN IN THE FUTURES...
GENERALLY THE US ECONOMY IS A ZOMBIE... IT IS UNSUSTAINABLE...NOT BECAUSE OF ENTITLEMENTS...BUT BECAUSE THERE IS NO INDUSTRIAL BASE...ITS ALL IN CHINA NOW...
AND ANY...ANY DEMAND IN THE US ....ONLY BENEFITS CHINA...NOT THE US...
SUSTAINABLE GROWTH IS PHYSICALLY IMPOSSIBLE IN THE US...BECAUSE OF THIS.
OF COURSE THIS IS NEVER MENTIONED...BECAUSE ITS TOO TRUE...AND THEREFORE MUST BE AVOIDED AT ALL COSTS...
SO WE CONTINUE...WITH THE EXCUSES...JAPAN, REGULATIONS, UNCERTAINTY, TEABAGGERS, LIBERALS, THE EURO...MORE TAX CUTS FOR THE BLOATED RICH...AND THE MULTINATIONALS THAT ARE AMERICAN IN NAME ONLY...MOST OF THE PRODUCTION BEING DONE IN ASIA...
CONSUMER DEMAND IS NEVER MENTIONED...OR ONLY QUICKLY...BECAUSE IT HITS TOO CLOSE TO THE TRUTH...WHICH MUST BE AVOIDED AT ANY COST...
AMERICA IS A ZOMBIE ECONOMY...
ZOMBIES NEVER WIN...
SO FAR THE MARKETS OVERSEAS HAVE BEEN SPOOKY... NONE OF THEM ARE "IGNORING" S&P...OR WHATEVER ELSE IS OUT THERE...
SOME BLAME S&P...OTHERS ITALY...OTHERS CONGRESS...OTHERS "UNCERTAINTY"...
SURELY ALL ARE RIGHT...
IF THERE IS A GENERAL BREAKDOWN IN THE MARKETS...PANIC COULD ENSUE...AND THE RUSH TO BONDS ACCELERATE...
PERHAPS THE PPT WILL BE IN THE MARKETS EARLY...EVEN IN THE FUTURES...
GENERALLY THE US ECONOMY IS A ZOMBIE... IT IS UNSUSTAINABLE...NOT BECAUSE OF ENTITLEMENTS...BUT BECAUSE THERE IS NO INDUSTRIAL BASE...ITS ALL IN CHINA NOW...
AND ANY...ANY DEMAND IN THE US ....ONLY BENEFITS CHINA...NOT THE US...
SUSTAINABLE GROWTH IS PHYSICALLY IMPOSSIBLE IN THE US...BECAUSE OF THIS.
OF COURSE THIS IS NEVER MENTIONED...BECAUSE ITS TOO TRUE...AND THEREFORE MUST BE AVOIDED AT ALL COSTS...
SO WE CONTINUE...WITH THE EXCUSES...JAPAN, REGULATIONS, UNCERTAINTY, TEABAGGERS, LIBERALS, THE EURO...MORE TAX CUTS FOR THE BLOATED RICH...AND THE MULTINATIONALS THAT ARE AMERICAN IN NAME ONLY...MOST OF THE PRODUCTION BEING DONE IN ASIA...
CONSUMER DEMAND IS NEVER MENTIONED...OR ONLY QUICKLY...BECAUSE IT HITS TOO CLOSE TO THE TRUTH...WHICH MUST BE AVOIDED AT ANY COST...
AMERICA IS A ZOMBIE ECONOMY...
ZOMBIES NEVER WIN...
Saturday, August 6, 2011
S&P FIGHTS BACK...
OH...YOU DON'T LIKE THE DOWN GRADE...?
OK, THEN...YOU WANT TO SEE A DOWN GRADE...?
WE'LL SHOW YOU A DOWNGRADE...
TRY BBB- FOR SIZE... HOW'S THAT...YOU LIKE THAT BETTER NOW...!
SHUT UP AN GROW UP... WHAT ABOUT THAT...
OK, THEN...YOU WANT TO SEE A DOWN GRADE...?
WE'LL SHOW YOU A DOWNGRADE...
TRY BBB- FOR SIZE... HOW'S THAT...YOU LIKE THAT BETTER NOW...!
SHUT UP AN GROW UP... WHAT ABOUT THAT...
BLACK HAWK DOWN...IN AFGHANISTAN...
This could be a Black Hawk Down Moment...when Americans finally say...WHAT'S THIS ABOUT...
These remote mud hut villages of poor illiterate people are no threat to us...
The Jihadi who attack the West are almost always educated, prosperous and Westernized...!!
Not these poor shoeless villagers living in isolated mountains...!
YES,,,,Pakistan will always have trouble with their Pashtoons...because Pashtoons don't accept the boundry between Pakistan and Afghanistan...which DIVIDED the very ancient Pashtoon homeland between two countries...
BUT WHY IS THEIR INTERNAL POLITICAL FIGHT...OUR FIGHT...?
WHAT IS THIS ABOUT...?
Osama is dead...the monkey bars are gone... declare victory and get out now...
These remote mud hut villages of poor illiterate people are no threat to us...
The Jihadi who attack the West are almost always educated, prosperous and Westernized...!!
Not these poor shoeless villagers living in isolated mountains...!
YES,,,,Pakistan will always have trouble with their Pashtoons...because Pashtoons don't accept the boundry between Pakistan and Afghanistan...which DIVIDED the very ancient Pashtoon homeland between two countries...
BUT WHY IS THEIR INTERNAL POLITICAL FIGHT...OUR FIGHT...?
WHAT IS THIS ABOUT...?
Osama is dead...the monkey bars are gone... declare victory and get out now...
RICK PERRY'S CHRISTIAN FREAK SHOW...
PERRY SEES AMERICA AS A FOX FREAK SHOW...
HE MAY BE RIGHT...BUT I DOUBT IT... THE FREAK SHOW IS THE REPUBLICAN PARTY...
MAIN STREAM AMERICA SEEMS TO REALIZE WHOSE FUCKIN NUTS...AND WHO ISN'T...
HE MAY BE RIGHT...BUT I DOUBT IT... THE FREAK SHOW IS THE REPUBLICAN PARTY...
MAIN STREAM AMERICA SEEMS TO REALIZE WHOSE FUCKIN NUTS...AND WHO ISN'T...
MASS DEATH IN AFGHANISTAN...! 30 NAVY SEALS DIE...!
THIS COULD BE A BLACK HAWK DOWN MOMENT...
AT SOME POINT SOMEONE HAS TO SAY : WHAT ARE WE DOING HERE...!!
AT SOME POINT SOMEONE HAS TO SAY : WHAT ARE WE DOING HERE...!!
DON'T BLAME S&P...!!
Don't blame S&P... America's Zombie economy has been on the skids for a long time...
Sadly...Republicans...who are the problem...seem Hell Bent to destroy the nation...exactly how this benefits their dupes in the Tea Party is unknown...
As for International Capital...and Wall Street they are all in Asia now...only the headquarters are in the US...
Apple for example...makes everything in Asia...and they are supposed to be the "model" for everyone else...
Here's how it ends...when is unknown...
ALL ECONOMIES ARE LOCAL...AND DOMESTIC MARKETS NEED PROTECTION...
You can't have a 1st world infrastructure and life style...if all the production is done by paupers in Asia who work for the multinationals...at absurdly low wages... THAT is just not sustainable...
IT will only work for a while... And yesterday it COLLAPSED...
Sadly...Republicans...who are the problem...seem Hell Bent to destroy the nation...exactly how this benefits their dupes in the Tea Party is unknown...
As for International Capital...and Wall Street they are all in Asia now...only the headquarters are in the US...
Apple for example...makes everything in Asia...and they are supposed to be the "model" for everyone else...
Here's how it ends...when is unknown...
ALL ECONOMIES ARE LOCAL...AND DOMESTIC MARKETS NEED PROTECTION...
You can't have a 1st world infrastructure and life style...if all the production is done by paupers in Asia who work for the multinationals...at absurdly low wages... THAT is just not sustainable...
IT will only work for a while... And yesterday it COLLAPSED...
WHAT IS TO BE DONE...or, STUPID LIKE ME...!
What Americans need to realize is that "Stupid like me" is NOT a leadership quality...
This applies especially to Bubba Republicans and Tea Partiers....who have been following the Wall Street agenda of ever more looting...
The looting may be over...impossible now really...and the markets will react accordingly.
This problem started on Wall Street and it can end on Wall Street...
Otherwise Americans...and especially Tea Partiers...will be in for a Great Depression that will turn America into Eastern Europe...
The Chimerica Economy of the Multinationals...has to end...
This is a good time to push for single payer health care and end the economic terrorism of the Insurance Lobby..AND Big Medicine and Big Pharma...
If cheap labor really does make the economic world go round...then some kind of tariff protection will be needed... Remember after 1937...the War gave Roosevelt the ULTIMATE TARIFF... WORLD WAR...!
We may not have that option now...so some protection of domestic markets may be needed to restore production in the US...
This applies especially to Bubba Republicans and Tea Partiers....who have been following the Wall Street agenda of ever more looting...
The looting may be over...impossible now really...and the markets will react accordingly.
This problem started on Wall Street and it can end on Wall Street...
Otherwise Americans...and especially Tea Partiers...will be in for a Great Depression that will turn America into Eastern Europe...
The Chimerica Economy of the Multinationals...has to end...
This is a good time to push for single payer health care and end the economic terrorism of the Insurance Lobby..AND Big Medicine and Big Pharma...
If cheap labor really does make the economic world go round...then some kind of tariff protection will be needed... Remember after 1937...the War gave Roosevelt the ULTIMATE TARIFF... WORLD WAR...!
We may not have that option now...so some protection of domestic markets may be needed to restore production in the US...
Friday, August 5, 2011
POST S&P : REPUBLICANS DOUBLE DOWN ON HATE SPEECH...
ANYONE WHO THINKS THE REPUBLICANS WILL "GET SERIOUS" AFTER THE DOWN GRADE BY S&P...IS DELUSIONAL...
REPUBLICANS WILL DOUBLE DOWN ON THEIR HATE SPEECH AGAINST OBAMA...IN A VAIN ATTEMPT TO GET IN POWER...AND CONTINUE THE ELITE LOOTING...
THE ECONOMY IS A ZOMBIE...IT CAN'T BE SAVED... SO IT MAKES NO DIFFERENCE WHO IS RUNNING THINGS... ALL THE MONEY AND ACTION IS IN CHINA NOW...THE ELITES HAVE DECAMPED FROM AMERICA...
THIS IS A LAST DITCH SMASH AND GRAB BY REPUBLICANS...IN HOPES OF COMPLETELY DESTROYING THE NATION...BEFORE THEY JOIN THE MULTINATIONALS OFF SHORE...
REPUBLICANS ARE TOTALLY DEPENDENT ON TEA BAGGER STUPIDITY...FOR THE DURATION.
AND ITS ONLY GOING TO GET WORSE...AMERICA IS A FAILED STATE...AND A FAILED ECONOMY....
ITS OVER...! JUST WATCH THE REACTION FROM REPUBLICANS FOR PROOF...
REPUBLICANS WILL DOUBLE DOWN ON THEIR HATE SPEECH AGAINST OBAMA...IN A VAIN ATTEMPT TO GET IN POWER...AND CONTINUE THE ELITE LOOTING...
THE ECONOMY IS A ZOMBIE...IT CAN'T BE SAVED... SO IT MAKES NO DIFFERENCE WHO IS RUNNING THINGS... ALL THE MONEY AND ACTION IS IN CHINA NOW...THE ELITES HAVE DECAMPED FROM AMERICA...
THIS IS A LAST DITCH SMASH AND GRAB BY REPUBLICANS...IN HOPES OF COMPLETELY DESTROYING THE NATION...BEFORE THEY JOIN THE MULTINATIONALS OFF SHORE...
REPUBLICANS ARE TOTALLY DEPENDENT ON TEA BAGGER STUPIDITY...FOR THE DURATION.
AND ITS ONLY GOING TO GET WORSE...AMERICA IS A FAILED STATE...AND A FAILED ECONOMY....
ITS OVER...! JUST WATCH THE REACTION FROM REPUBLICANS FOR PROOF...
DOWNGRADE BECAUSE OF DEVALUATION...
JUST THE ACTION IN GOLD WOULD JUSTIFY A DOWNGRADE...
AND THE FED'S INSANE QE DEBASEMENT OF THE DOLLAR WAS THE LAST STRAW...
FINALLY THE DISPLAY BY THE REPUBLICANS ON THE DEBT CEILING WAS THE CHERRY ON TOP...
THE ONLY QUESTION IS WHY DID THEY WAIT SO LONG...!
AMERICA IS A NATION OF FOOLS AND IDIOTS...
THE ELITES ARE LEAVING...AND THE GROWN UPS ARE NOT IN CHARGE...!
THE FACT THAT PALIN, BACHMAN OR PERRY ...COULD BE RUNNING THE COUNTRY SOON....ALONG WITH RUSH AND THE FOX CLOWN POSSE...IS JUST TOO SCARY...FOR SERIOUS PEOPLE...
AMERICA IS A VERY HIGH RISK PLACE...AND IT GETS RISKIER BY THE DAY.
JUST GET OUT...THE SMART MONEY IS ALREADY GONE...!
AND THE FED'S INSANE QE DEBASEMENT OF THE DOLLAR WAS THE LAST STRAW...
FINALLY THE DISPLAY BY THE REPUBLICANS ON THE DEBT CEILING WAS THE CHERRY ON TOP...
THE ONLY QUESTION IS WHY DID THEY WAIT SO LONG...!
AMERICA IS A NATION OF FOOLS AND IDIOTS...
THE ELITES ARE LEAVING...AND THE GROWN UPS ARE NOT IN CHARGE...!
THE FACT THAT PALIN, BACHMAN OR PERRY ...COULD BE RUNNING THE COUNTRY SOON....ALONG WITH RUSH AND THE FOX CLOWN POSSE...IS JUST TOO SCARY...FOR SERIOUS PEOPLE...
AMERICA IS A VERY HIGH RISK PLACE...AND IT GETS RISKIER BY THE DAY.
JUST GET OUT...THE SMART MONEY IS ALREADY GONE...!
STOCKS PLUNGE...AN ATTEMPT TO GET QE3...?
THAT LAST TIME STOCKS PLUNGED LIKE THIS WAS AFTER QE1 ENDED...
NOW...SURPRISE...QE2 IS ENDING AND STOCKS ARE PLUNGING...AGAIN!
COULD THIS BE AN ATTEMPT TO "THROW A TANTRUM"...TO GET THE BERNANK TO GO FOR MORE QE...?
STRANGER THINGS HAVE HAPPEN...
OF COURSE WE ARE TOLD THAT ITS ALL ABOUT EUROPE...AND GREECE AND ITALY... YET...THAT DOESN'T SEEM TO BE THAT BAD...
THE STREET ALWAYS DIVERTS ATTENTION...WHEN IT WANTS SOMETHING...
ARABS, WEATHER, DISASTERS, SPENDING ON ENTITLEMENTS, STUPID SOCIALISTS IN EUROLAND, OBAMA'S "REGULATIONS"...
AND THE NEW OLD STAND BY "UNCERTAINTY"...
WE WANT MORE QE...! WAH...! WAH...! WAH...!
THE BERNANK SHOULD HANG TOUGH...HE'S DONE ENOUGH DAMAGE ALREADY...
NOW...SURPRISE...QE2 IS ENDING AND STOCKS ARE PLUNGING...AGAIN!
COULD THIS BE AN ATTEMPT TO "THROW A TANTRUM"...TO GET THE BERNANK TO GO FOR MORE QE...?
STRANGER THINGS HAVE HAPPEN...
OF COURSE WE ARE TOLD THAT ITS ALL ABOUT EUROPE...AND GREECE AND ITALY... YET...THAT DOESN'T SEEM TO BE THAT BAD...
THE STREET ALWAYS DIVERTS ATTENTION...WHEN IT WANTS SOMETHING...
ARABS, WEATHER, DISASTERS, SPENDING ON ENTITLEMENTS, STUPID SOCIALISTS IN EUROLAND, OBAMA'S "REGULATIONS"...
AND THE NEW OLD STAND BY "UNCERTAINTY"...
WE WANT MORE QE...! WAH...! WAH...! WAH...!
THE BERNANK SHOULD HANG TOUGH...HE'S DONE ENOUGH DAMAGE ALREADY...
Thursday, August 4, 2011
KRUGMAN : TEA PARTY SCREWED US...!
EVERYONE AGREES THAT THE PROBLEM FOR THE WORLD ECONOMY IS LACK OF "GROWTH"...
BUT WHAT ABOUT CHINA AND INDIA...THEY ARE GROWING LIKE KUDZU IN ALABAMA...AIN'T NO STOPIN 'EM...
NO GROWTH PROBLEMS THERE...WHICH IS WHERE THE MULTINATIONALS PUT ALL THE FREE FED MONEY...
AMERICANS ARE SLOW LEARNERS...AND THE CANCER OF FREE TRADE IS BURIED DEEP IN THEIR BRAIN STEMS...
THE COMING SURGERY WILL BE DIFFICULT...AND THE PATIENT MAY NOT SURVIVE THE OPERATION.
BUT WHAT ABOUT CHINA AND INDIA...THEY ARE GROWING LIKE KUDZU IN ALABAMA...AIN'T NO STOPIN 'EM...
NO GROWTH PROBLEMS THERE...WHICH IS WHERE THE MULTINATIONALS PUT ALL THE FREE FED MONEY...
AMERICANS ARE SLOW LEARNERS...AND THE CANCER OF FREE TRADE IS BURIED DEEP IN THEIR BRAIN STEMS...
THE COMING SURGERY WILL BE DIFFICULT...AND THE PATIENT MAY NOT SURVIVE THE OPERATION.
THE FEVERED MINDS OF REPUBLICANS
It is interesting to see the fevered minds of many conservative message board posters... Their problem is lack of focus on the real problem...and a tendency to go off on tangents...
The real issue is that China has all the production...and Americans are supposed to do all the consumption... This seems perfectly reasonable to a multinational corporation...
One problem with "conservatives" is they really only engage in personal attacks and name calling... This is probably because they have no real facts to support their iron clad dogmas about "capitalism"...
Yes, some Progressives called Dubya "stupid"..but not from the floor of the Congress...only a few pundits were brave enough to mention Dubya's "incurious mind"...
And the sad facts are that Dubya really was incurious...and his incuriousness got Americans into a lot of trouble...
Unless and until the China Cheap Labor issue is resolved and explained...as to its sustainability in the US economy...nothing will be accomplished...
We will see nothing but fighting over the crumbs that fall off the table of Multinational Free Trade...
Taxes are not too high... Nor are entitlements to great...
Its the SHRINKING ECONOMY...(measured in gold not the devalued dollar) that is the real issue...
The notion that Fox Republicans are ready to tackle this issue and solve it...is at this point ludicrous...
The real issue is that China has all the production...and Americans are supposed to do all the consumption... This seems perfectly reasonable to a multinational corporation...
One problem with "conservatives" is they really only engage in personal attacks and name calling... This is probably because they have no real facts to support their iron clad dogmas about "capitalism"...
Yes, some Progressives called Dubya "stupid"..but not from the floor of the Congress...only a few pundits were brave enough to mention Dubya's "incurious mind"...
And the sad facts are that Dubya really was incurious...and his incuriousness got Americans into a lot of trouble...
Unless and until the China Cheap Labor issue is resolved and explained...as to its sustainability in the US economy...nothing will be accomplished...
We will see nothing but fighting over the crumbs that fall off the table of Multinational Free Trade...
Taxes are not too high... Nor are entitlements to great...
Its the SHRINKING ECONOMY...(measured in gold not the devalued dollar) that is the real issue...
The notion that Fox Republicans are ready to tackle this issue and solve it...is at this point ludicrous...
WELCOME TO THE TEA PARTY DEPRESSION...!
The markets are not plunging "despite the debt ceiling" vote...
They are plunging BECAUSE OF the Debt Ceiling vote...
Remember most of those trillions being cut go directly or indirectly to Wall Street Corporations... Social Security Checks are in the Walmart cash registers within hours of being issued... Government contracts..for War spending (a/k/a "defense")...and other services are a huge part of corporation balance sheets...
THE MARKETS HAVE PLUNGED EVER SINCE BOEHNER "WON" ON THE DEBT CEILING...
Wall Street realizes that the gravy train is over in Washington...NOTHING will pass now...
And that is why you have the TEA PARTY DEPRESSION... starting now...
In defense of the Tea Party...and Obama...this was a long time coming...and it would have happened anyway...
As I have said...the "value" of the Tea Party is that they get us to TOTAL COLLAPSE QUICKER...than Obama and the Progressives...
Neither side has a clue or a cure for whats is really wrong...
Namely the blending of the Chinese and American economy into the Chimerican Low Wage System...that is draining the US economy of its productive capacity.
They are plunging BECAUSE OF the Debt Ceiling vote...
Remember most of those trillions being cut go directly or indirectly to Wall Street Corporations... Social Security Checks are in the Walmart cash registers within hours of being issued... Government contracts..for War spending (a/k/a "defense")...and other services are a huge part of corporation balance sheets...
THE MARKETS HAVE PLUNGED EVER SINCE BOEHNER "WON" ON THE DEBT CEILING...
Wall Street realizes that the gravy train is over in Washington...NOTHING will pass now...
And that is why you have the TEA PARTY DEPRESSION... starting now...
In defense of the Tea Party...and Obama...this was a long time coming...and it would have happened anyway...
As I have said...the "value" of the Tea Party is that they get us to TOTAL COLLAPSE QUICKER...than Obama and the Progressives...
Neither side has a clue or a cure for whats is really wrong...
Namely the blending of the Chinese and American economy into the Chimerican Low Wage System...that is draining the US economy of its productive capacity.
LAST PLANE TO HONG KONG...AS MARKETS PLUNGE...
WALL STREET IS STARTING TO RESEMBLE THOSE SCENES DURING THE LAST DAZE OF SAIGON...
THE RICH ARE CLIMBING INTO HELICOPTERS ON ROOF TOPS... HEADING FOR THEIR CORPORATE JETS...
ESCAPING JUST IN TIME...
THE LAST PLANE TO HONG KONG COULD BE LEAVING FROM WALL STREET ... WITHIN MONTHS...!! ITS OVER...THIS IS THE LAST CALL...
MARKETS STABILIZE WHEN THE LAST SELLER HAS BEEN BOUGHT OUT...
BUT WHAT IF EVERYONE WANTS TO SELL...? WHERE IS THE BOTTOM THEN...?
THE RICH ARE CLIMBING INTO HELICOPTERS ON ROOF TOPS... HEADING FOR THEIR CORPORATE JETS...
ESCAPING JUST IN TIME...
THE LAST PLANE TO HONG KONG COULD BE LEAVING FROM WALL STREET ... WITHIN MONTHS...!! ITS OVER...THIS IS THE LAST CALL...
MARKETS STABILIZE WHEN THE LAST SELLER HAS BEEN BOUGHT OUT...
BUT WHAT IF EVERYONE WANTS TO SELL...? WHERE IS THE BOTTOM THEN...?
TEA PARTY SHITTING IN THEIR OWN NEST...
AND NOW THEY EXPECT TO BE PUT IN POWER...!
POLICIES BASED ON HATE, FEAR, GREED AND IGNORANCE...CAN'T WIN.
RICK PERRY, BACHMAN AND PALIN...WILL ONLY APPEAL TO A CERTAIN SMALL SEGMENT OF THE ELECTORATE...MAINLY THE POOR AND THE UNINFORMED...WHO CURIOUSLY LOST THE MOST IN THE RECENT BUDGET CUTTING...
THIS WILL NOT WIN IN A GENERAL ELECTION...
AND THE NOVELTY OF THE NIGHTLY FOX FREAK SHOW IS FINALLY WEARING OFF... WE ALL KNOW ITS REALLY JUST AM HATE RADIO...ON TV...!
FOX REALLY DOESN'T KNOW WHAT TO SAY TO THEIR LESS INFORMED VIEWERS... SO THEIR PROGRAMING IS LITERALLY REDUCED TO FLUFF NEWS FOR THE VERY VERY STUPID... FLAG AND BIBLE ISSUES...EVIL TEACHERS AND COPS...COUNTRY MUSIC...AND FREAK OF THE WEEK CRYING COUCH INTERVIEWS...USUALLY INVOLVING SOME WHITE TRASH SCREWING UP THEIR LIFE...AND TRYING TO BLAME THE GOVERNMENT...
POLICIES BASED ON HATE, FEAR, GREED AND IGNORANCE...CAN'T WIN.
RICK PERRY, BACHMAN AND PALIN...WILL ONLY APPEAL TO A CERTAIN SMALL SEGMENT OF THE ELECTORATE...MAINLY THE POOR AND THE UNINFORMED...WHO CURIOUSLY LOST THE MOST IN THE RECENT BUDGET CUTTING...
THIS WILL NOT WIN IN A GENERAL ELECTION...
AND THE NOVELTY OF THE NIGHTLY FOX FREAK SHOW IS FINALLY WEARING OFF... WE ALL KNOW ITS REALLY JUST AM HATE RADIO...ON TV...!
FOX REALLY DOESN'T KNOW WHAT TO SAY TO THEIR LESS INFORMED VIEWERS... SO THEIR PROGRAMING IS LITERALLY REDUCED TO FLUFF NEWS FOR THE VERY VERY STUPID... FLAG AND BIBLE ISSUES...EVIL TEACHERS AND COPS...COUNTRY MUSIC...AND FREAK OF THE WEEK CRYING COUCH INTERVIEWS...USUALLY INVOLVING SOME WHITE TRASH SCREWING UP THEIR LIFE...AND TRYING TO BLAME THE GOVERNMENT...
Wednesday, August 3, 2011
TEA PARTY ECONOMICS or, WISDOM FROM THE BACK PORCH...!
The economy is beyond saving... Its only a matter of bad or worse... Hence the insane rush to Gold...!
Gold Buying is like...fighting for a seat in the life boat...its an end game strategy.
The Tea Party has been proven to be "non academic" in their economics...its not coming from professors...rather from grandpa's back porch...this will likely result in some very bad outcomes...
But at this point...lets just let them run with it...
The budget cuts will take their food stamps away...that should sober 'em up a bit...
This is the Tea Party Depression now...we tried "smart" and it didn't work...now we "revert to stupid" again...
As we await the miracle of JOBS FORMATION WITHOUT DEMAND...
(The little secret is...shhh...jobs are being "created" only they are all in Asia...but shhh...we aren't "ready for" that yet...)
Be happy that THE TEA PARTY owns this Depression going forward... Because there is nothing that can be done...
This isn't a cyclic collapse...its structural...and we aren't even talking about that TRUTH YET....
But it will come...in time...when we are ready for it.
Gold Buying is like...fighting for a seat in the life boat...its an end game strategy.
The Tea Party has been proven to be "non academic" in their economics...its not coming from professors...rather from grandpa's back porch...this will likely result in some very bad outcomes...
But at this point...lets just let them run with it...
The budget cuts will take their food stamps away...that should sober 'em up a bit...
This is the Tea Party Depression now...we tried "smart" and it didn't work...now we "revert to stupid" again...
As we await the miracle of JOBS FORMATION WITHOUT DEMAND...
(The little secret is...shhh...jobs are being "created" only they are all in Asia...but shhh...we aren't "ready for" that yet...)
Be happy that THE TEA PARTY owns this Depression going forward... Because there is nothing that can be done...
This isn't a cyclic collapse...its structural...and we aren't even talking about that TRUTH YET....
But it will come...in time...when we are ready for it.
"ENTITLEMENT"...DEFINED
Entitlement is...money spent by the government... to keep the old, the sick and the too stupid to work OFF THE STREET...
Because working people are "entitled" not to look at them begging...sleeping on the streets...and rummaging in the garbage...
Any questions...?
Because working people are "entitled" not to look at them begging...sleeping on the streets...and rummaging in the garbage...
Any questions...?
BUBBA, STUPIDITY AND THE DEPRESSION...
I think the word Bubba means "willfully stupid and proud of it"
...that may be unique to America...at least in the numbers of them...
The peasants of Eastern Europe could be seen as "Bubbas" in that they often acted without knowledge... But they were massively oppressed...so perhaps not...
BUT back then there was a respect for knowledge AND "smart people" "professors"...not this Teabagger mythology that has no real academic support. America's "anti-intellectual" bias has been written about for a long time...
My sense is that Americans have NEVER SUFFERED ...and have always had it "too good"... There is, or was, a dogma that America was "exceptional" and that the rules did not apply to us...
Those daze could be ending...and perhaps are already over...
BUBBA WILL WISE UP...IF THIS STRUCTURAL DEPRESSION CONTINUES...AS IT ALMOST MUST...
...that may be unique to America...at least in the numbers of them...
The peasants of Eastern Europe could be seen as "Bubbas" in that they often acted without knowledge... But they were massively oppressed...so perhaps not...
BUT back then there was a respect for knowledge AND "smart people" "professors"...not this Teabagger mythology that has no real academic support. America's "anti-intellectual" bias has been written about for a long time...
My sense is that Americans have NEVER SUFFERED ...and have always had it "too good"... There is, or was, a dogma that America was "exceptional" and that the rules did not apply to us...
Those daze could be ending...and perhaps are already over...
BUBBA WILL WISE UP...IF THIS STRUCTURAL DEPRESSION CONTINUES...AS IT ALMOST MUST...
Tuesday, August 2, 2011
WALL STREET TEABAGGED...!!
WALL STREET TEABAGGED...!
MOST OF THE SPENDING GOES TO CORPORATIONS...
NOT TO LAZY "PO'FOLKS".... OPPS...
MOST OF THE SPENDING GOES TO CORPORATIONS...
NOT TO LAZY "PO'FOLKS".... OPPS...
Monday, August 1, 2011
MARKETS CRASH ON "DEBT DEAL...!!"
REMEMBER THOSE TRILLIONS WENT TO LARGE COMPANIES...OR PROVIDERS...
NOT TO REAL POOR PEOPLE...
WALL STREET WILL HATE THIS NEW TEA BAGGER AUSTERITY BUDGET...
THE TEA BAGGER DEPRESSION STARTED TODAY...!
NOT TO REAL POOR PEOPLE...
WALL STREET WILL HATE THIS NEW TEA BAGGER AUSTERITY BUDGET...
THE TEA BAGGER DEPRESSION STARTED TODAY...!
ALL THE RICH WANT FROM AMERICANS IS THEIR STUPIDITY...!
AND WITH THE TEA PARTY THEY HARVESTED A BUMPER CROP...!
WHY TAX THE RICH...
The problem is that the rich today are VERY VERY RICH...
This is not the 50's or even the 80's... Today one multi-billionaire (Ichan) can buy a major company for pocket change...
If you don't tax the ultra rich...who do you tax...the poor...?
The rich get huge breaks from Congress...and the FED is run for the rich only...and they are using their money to off shore jobs ASAP...
Do not feel sorry for the Rich... FEEL SORRY FOR ORDINARY AMERICANS WHO NO LONGER HAVE A SUSTAINABLE ECONOMY...
The Rich will do very nicely living in Hong Kong or London or Singapore...there are enclaves for them that are like Royal Palaces... They don't need your pity.
What happen after the Bush Looting Collapsed..was ordinary peoples' incomes plunged...so the Rich got even richer...and of course paid more taxes...
Presently...the rich are so rich...and everyone else is so poor that less than 50% of American CAN PAY any income tax at all...!
If you want to feel sorry for someone...feel sorry for ordinary Americans who HAVE NO FUTURE...UNDER CURRENT CONDITIONS...
POSTSCRIPT:
AND TRY NOT TO BE A DUPE...IT MAKES YOU LOOK STUPID.
This is not the 50's or even the 80's... Today one multi-billionaire (Ichan) can buy a major company for pocket change...
If you don't tax the ultra rich...who do you tax...the poor...?
The rich get huge breaks from Congress...and the FED is run for the rich only...and they are using their money to off shore jobs ASAP...
Do not feel sorry for the Rich... FEEL SORRY FOR ORDINARY AMERICANS WHO NO LONGER HAVE A SUSTAINABLE ECONOMY...
The Rich will do very nicely living in Hong Kong or London or Singapore...there are enclaves for them that are like Royal Palaces... They don't need your pity.
What happen after the Bush Looting Collapsed..was ordinary peoples' incomes plunged...so the Rich got even richer...and of course paid more taxes...
Presently...the rich are so rich...and everyone else is so poor that less than 50% of American CAN PAY any income tax at all...!
If you want to feel sorry for someone...feel sorry for ordinary Americans who HAVE NO FUTURE...UNDER CURRENT CONDITIONS...
POSTSCRIPT:
AND TRY NOT TO BE A DUPE...IT MAKES YOU LOOK STUPID.
WELCOME TO THE TEA PARTY ECONOMY...!!
WELCOME TO THE TEA BAGGER DEPRESSION...!!
Consider:
Can America regain its prosperity by cutting money to ordinary people...and giving more to the bloated rich...
We will soon find out...because the REPUBLICANS have reclaimed the BUSH DEPRESSION...as of today...
THEY WON...OBAMA LOST!
THIS IS THE TEA PARTY VERSION OF "RECOVERY SUMMER"
And its the TEA PARTY ECONOMY NOW...!
... Good Luck with that...
So let them have it... We'll soon find out if the ANTI-KEYNESIANS have a better plan...
What is really happening is that the US economy is a structural Zombie now...as far as Wall Street is concerned its the CHIMERICA ECONOMY... produce in China...sell in America...
GREAT IF YOU'RE A MULTINATIONAL...
But for Americans who still think these elites CARE...?
FORGET ABOUT IT...YOU'RE ON YOUR OWN...
Consider:
Can America regain its prosperity by cutting money to ordinary people...and giving more to the bloated rich...
We will soon find out...because the REPUBLICANS have reclaimed the BUSH DEPRESSION...as of today...
THEY WON...OBAMA LOST!
THIS IS THE TEA PARTY VERSION OF "RECOVERY SUMMER"
And its the TEA PARTY ECONOMY NOW...!
... Good Luck with that...
So let them have it... We'll soon find out if the ANTI-KEYNESIANS have a better plan...
What is really happening is that the US economy is a structural Zombie now...as far as Wall Street is concerned its the CHIMERICA ECONOMY... produce in China...sell in America...
GREAT IF YOU'RE A MULTINATIONAL...
But for Americans who still think these elites CARE...?
FORGET ABOUT IT...YOU'RE ON YOUR OWN...
S&P AWAITS INSTURCTIONS FROM WALL STREET ON NEXT MOVE.
HAS ANYONE NOTICED THAT THE "RATING AGENCIES"...ARE SIMPLY THE STOOGES OF WALL STREET...?
KRUGMAN : DEBT DEAL DOOMS ECONOMY
The debt debacle train wreck had the can kicked back into the Kabuki theater...
Wall Street plunges on prospect of more poor people...not getting government checks.
PLUNGE IN DEMAND SEEN...!
Wall Street plunges on prospect of more poor people...not getting government checks.
PLUNGE IN DEMAND SEEN...!
Subscribe to:
Posts (Atom)