Hey Let's Steal Your Money, Buy GM, and Steal Some More Money From You!

NEW YORK -- Stock futures pointed to a mixed open Thursday after the government's decision late Wednesday to give an additional $3.8 billion in funding to bolster GMAC's mortgage division.

Futures for the S&P 500 were higher by 2.2 points at 1,124.3 and were 2.23 points above fair value. Futures for the Nasdaq were off by half of a point and were 0.8 points below fair value.

After the close of trading Wednesday, the U.S. Treasury said it would commit $3.8 billion in new capital to automotive lender GMAC, which comes on top of the $12.5 billion GMAC received from the Treasury previously and increases the government's stake in the company to 56% from 35%.

Absolute insanity. Thankfully, they have a bottomless pit of money to dip into.

Cellphone Sodomy

I think my neighbor finally caught on that I was stealing his internet signal. He put a password on a day or two ago. I called him to strike a deal. He called back and said he was changing service providers...and that perhaps we could cut a deal after that...

Which brings me to the rant of the day.

Is anyone getting sick of these SHITTY cellphone providers and their greedy games??

I signed up with AT&T a few years ago after Verizon decided to over charge me month after month for roaming fees even though I had signed up for a nationwide plan. Their greediness meant that every month I had to call and eliminate the 15 or 20 bucks that they tried to screw me out of every month when I received the bill. After 6 or 7 months of that re-occurring madness, I gave up and switched providers.

AT&T became my next battleground. For two years every thing went hunky dory. My bill always resembled my original plan costs. Then I re-signed for one of those two year deals when they dangled that "roll over" minute plan. Sweet. So I got a Blackjack II, over paid for it, got screwed out of the 100 dollar rebate and the games began.

Now cell phone providers have this cutesy business model. It goes like this.

Tout every good point of their plan, totally ignore every downside and deny crappy service, and then bury all those bad points in 2 point font in a service contract. Gouge the living hell out of every customer from there on in.

So in addition to the disappearing rebate, AT&T started gouging me for texting and data-the overages add up fast. So I bought all you can eat texting. Add 20 bucks. Then a few months later, they charged me for excess data retrieval-apparently there was some limit on that. At 30 or 40 bucks a month, I took data off my phone. Then they started calling me, collection calls, when my bill was 9 days late. Ok.

So the coup de gras came this month. I opened my bill which was 4 times normal-about 250 bucks. I had to resist every impulse to kill one of them. I called the service center.

This is what they told me. Your rollover minutes "expired." All 4200 minutes worth. Expired? "What the hell does that mean?" "Well sir, they just came off your balance. But we can enroll you in a new plan that will reduce your bill to just under 90 bucks."

I have a two year plan but my minutes were only good for one year? Who writes this shit and why don't you mention that as you were taking my money? "It's in the contract sir." Of course it is, in two point font somewhere.

I am livid. My blood pressure hovers near the molten lava temperature range. I asked what is the re-occuring bill going to look like now? She wouldn't tell me-she simply focused on how much she was reducing the current bill which still represented another 25 buck increase. Like she was doing me a solid.

So I have a plan that allows me to talk about 7 hours BETWEEN THE HOURS OF 6 AM to 9 PM per month. No data but unlimited texting. All for about 90 bucks which is twice the cost of the plan I originally started out with. The plan with text, data, and unlimited talk time via rollover minutes.

I am not even going to mention the shit service and lost coverage areas that I visit. Thank gawd I don't have an I Phone in San Francisco.

Does anyone enforce contract errors and omissions on these monopolies when their employees sweet talk in our ears? Apparently not. Frankenstein Government gets deaf.

I don't know what I am going to do other than I'm damn sure not going to pay AT&T's new bill. And I am not going to worry about it either. I will call them for one last dissertation after New Years. Maybe drop off some KY jelly with a bow on it at my local office. Can I live without a cellphone? You better believe it.. in fact, I may begin using smoke signals. I'd love to hear any similar stories, both good (if there is such a thing) or bad.

In the meantime, Happy New Year! I hope the skiing back home is great, a virtual hug to all my friends and extended family. That's the good stuff- the stuff that really matters. Cellphone providers...not so much. Isn't sodomy still illegal??

Christmas Eve

New jobless claims around 460,000. Nobody has a clue exactly how many people are unemployed. How can we find that data? Easy. It's called tax returns. Or tax non returns. Surely our transparent government will supply the data...ahhh..who cares...it's Christmas Eve.

A couple thousand years ago- a man was born. The son of God and his name was Jesus Christ. And although he committed no crime he was executed by man. Each year at this time we celebrate his birth.

The American version of Christmas is that we go out and waste a lot of money buying worthless shit for our families and friends. I guess this is the capitalist way of celebrating the life of a man that had absolutely nothing to do with the wanting of materialistic crap.

Today I will finish buying worthless shit for my family. They will pretend they love it. I will pretend to love the worthless shit they buy me. I will be thankful that they are all alive and well, reasonably happy, and each year as I grow older I look at my family just a little bit differently. Love them a little bit more even though they are just as insane and crazy as the millions of sheep that run out and buy worthless shit or execute innocent people who preach love and understanding.

I too, am equally as insane and crazy as the rest of my family. But I am going to try and love them just a little bit more, and try a little harder to understand them. I don't care if they return the favor. Unconditional love was the message 2000 years ago and it's still the message today. Hopefully that is the message we will carry today and tonight. Merry Christmas everyone.

More BS from Frankenstein, aka Timothy Geithner

This piece is classic. I shall save it for later.

Geithner "believes" job growth will resume in the spring. I couldn't resist posting it here. Why?

Why would anyone hire as soon as this spring. More taxes? Health care costs? Banks that aren't lending? A consumer less recovery? Just who is going to start spending and what are they going to spend?

You can drink this Kool Aid if you want...take a sip here if you'd like:

http://news.yahoo.com/s/ap/20091223/ap_on_bi_ge/us_geithner_economy

Another Member of the Lunatic Fringe!

Sorry for spamming the followers today. A lot of interesting stuff.

This article is about President Transparency. He talks a great game of transparency but alas he doesn't show up with one.

http://www.americanthinker.com/2009/12/mr_obama_tear_down_your_wall_o.html

Another great article from a writer who thinks deflation is still a possibility and looming at American Thinker. Deflation is my secret fantasy. That and a night with Janine Lindemulder.

Love to see all those debt holders, including Frankie, circling the drain...that at the same time Janine shows up with a box of toys and a bottle of viagra in one hand, her clothes in the other.

Be like those ballplayers in "Field of Dreams." Is this heaven?

More Evidence That the Recession is Over!

I snitched this online poll.

Another 25,000 delusional people. Don't you guys know? The recession has been over
for two months. Man of the Year- Ben Bernanke said so.

To be sure, I think people suffering through hard times are more inclined to
participate in these polls. Just a guess, maybe wrong. Answers at the bottom.

Savings Center poll

1. How has the recession affected your finances?
1. My situation is dire.
2. My pocketbook is feeling a pinch.
3. I'm doing about the same.
4. My bottom line has improved.
2. Do you think the recession is going to get worse?
1. Yes.
2. No.
3. I don't know.

Vote to see results

Click here to see results without voting

1. How has the recession affected your finances?
1. My situation is dire.
25%
2. My pocketbook is feeling a pinch.
43%
3. I'm doing about the same.
27%
4. My bottom line has improved.
5%
2. Do you think the recession is going to get worse?
1. Yes.
60%
2. No.
24%
3. I don't know.
16%

24991 responses, not scientifically valid, results updated every minute.

A whopping 68% are feeling worse off. In the Senate and House, and at 1600 Pennsylvania Av.,
the answer to these same questions is 0%. What recession?

Unemployment Funds in 40 States, Broke?

Gosh, how can this be?

For many months I have been ranting about this Depression. Why? Because politicians and government workers have been manipulating every conceivable number and understating how severe this economic situation has been.

It is politically expedient for them to do so. To tell the truth, to state publicly that you are inept and have done an absolute shit job of running this country, well that kind of honesty probably won't get you re-elected. And it shouldn't.

http://www.msnbc.msn.com/id/34519544/ns/business-washington_post

A perfect example of this happens today. The original and hugely inflated GDP number for the last quarter is about to get revised downward again. It was manipulated by government giveaways like "cash for clunkers." My thought on this is simple. If you are going to engage in dishonest conduct, one time aberrations like "clunkers", then all auto sales associated with clunkers should have been eliminated from GDP numbers. Just like housing sales that qualified for 8000 dollar tax credits.

Just in. GDP was reduced to a final 2.2 number from the original 3.7 reading that kicked off a market rally. Gosh, how do you miss the mark by nearly double? Well when you manipulate it to begin with. http://money.cnn.com/2009/12/22/news/economy/gdp/index.htm

Stating the truth would be way too honest for the shit bags running this country. All "clunkers" was designed to do was create more theoretical wealth and repair broken balance sheets for the ailing banks and automakers- that government and politicians have a vested interest in now. In fact, minus clunkers and cheap imports to China's retailer Walmart, the number would have been negative once again.

The citizens of this country have been excluded, marginalized, and lied to by the people we have elected. It is a sham.

That's why I put Frankenstein Government together. We are witnessing one of the greatest thefts in the history of democracy. The elite ripping the heart out of the middle class. Make no mistake about this. It is purposeful and class driven.

For those unwilling to see this, for those people who do not care and think I overstate this, I wish you the very best of luck as you continue to turn over a greater portion of your work product and wealth than in any other time in history. Continue living your desperate, apathetic, and cowardly lives and hope it gets better. Round two is about to begin this spring.

When Telling the Truth Was Politically Correct

Well at least they didn't say she died of natural causes.

http://movies.msn.com/movies/article.aspx?news=448013&GT1=28101

Latest newsflash. Now they are.

http://omg.yahoo.com/news/actress-brittany-murphy-dies-in-la-at-age-32/32971?nc

Look- here's the deal. I grew up in a world when telling the truth mattered. When people committed suicide, it got printed that way. When they died of alcohol and drug overdoses it was stated.

I have great compassion for the families who suffer a terrible loss. It is absolutely gut wrenching and I have seen it many times, firsthand. But those people die in vain every time we decide to filter and obscure the truth and the cause of their deaths.

I had a near and dear friend tell me once that alcoholism and drug addiction often result in jail, hospitals, and death. He was right. He graduated about three months later. He did not die in vain.

Someday, maybe we will reconsider telling the truth as something that has greater value than some minority opinion holders deciding what is appropriate speech for the rest of us. Someday.

Please Rat Out Your Neighbors...Carry the Message!

Frankenstein Government can't rein in their spending, so now they are on the attack looking for tax "cheats" and offering rewards.

http://articles.moneycentral.msn.com/Taxes/Advice/RatOutYourNeighborsGetPaidByTheIRS.aspx

Fortunately, they have a two million dollar threshold which pretty much insulates anybody who knows me, friends patiently waiting on a torn bar stool and the promise of two for one well drinks at the Vista Bar.

Maybe I could get a job as a tax cheat informant. Maybe infiltrate some lavish parties, spark a conversation or two about Cayman bank accounts. I 'd have to be discreet. Use my head lest I stumble into Mayor Johnson or any of Obama's cabinet appointees. Wind up like that poor sap Walpin. Maybe I could focus my efforts on elite republicans. Barack would like that.

The only tax cheat I am concerned with is a government that stole my taxes to bail out bankers, insurance companies, and car manufacturers. Using my tax dollars to buy cars and houses for people. Who do we call to turn those folks in?

The CHEATS are our government. Government cheats us again by flooding the world with un backed fiat currency and devaluing our existing and saved dollars. Inflating the cost of everything- including oil.

Rat out your neighbors? Your neighbors are the good guys. Frankenstein Government offering rewards and masquerading as a victim? Sorry not drinking that Kool Aid anymore. Had the government shown the capacity to do the right thing, put banks in receivership, let GM fail, which I might add is the LAW...then I might think differently.

As it stands, the biggest crook I can think of isn't my neighbor...not by a long shot.

Where's This Big Ass Economic Boom?

The stock market dived to around the 6500 level just a little under a year ago. This was predicated on the banking "crisis." It was probably priced close to fair value at that point.

The move from 6500 to 10,500 was huge. You do the percentage math if you have to.

If I had a dollar for every equity investor, broker, and analyst that said, "the stock market predicts economic activity six months in advance" I could pay off the national debt. Ok, so all you boys and girls can read the same book. Good. So, tell me, where is this big ass economic boom? The big market rally has been on since March yet that was nearly nine months ago...

The answer is, it is a lie. A myth. And it always was.

With the dollar cratering and diluted, with GDP numbers crashing and being manipulated by 8000 dollar housing subsidies, free school money, and "cash for clunkers", there was no real economic pickup. No GDP growth. Politicians trying to manipulate and create an illusion.

Guess what? The illusion is almost over. You simply can't throw free money around forever. Corporate America won't have good quarterly comparisons because all of their fictitious earnings were based on debt and staff reductions. Reduced inventory and overhead. There is no encore performance in 2010. Real numbers are about to emerge. Sickly and weak numbers.

It is as simple as this. The money that has been created in the last nine months has no place to go. It can't buy oil or commodities. It can't make any real return in any asset class including real estate. Or in any bank. Or bonds of a bankrupt US. The stock market acted as the default investment. The only place money could flow. Except for precious metals and foreign lands.

I have never wanted to short a market as badly as this one. Ever. It seems like a lock. Like superhorse Zenyatta in a cheap allowance race. So with the 2010 elections looming and the Democrats about to get their asses kicked badly, I can't wait to see what bullshit spews out of their mouths and the manipulated mouths of people like Geithner and Bernanke.

The big ass economic boom should have been here in Sept. Maybe they postponed it until after X-Mas. But man, can't you just feel it? Ah...well...maybe... not so much.

http://money.cnn.com/2009/12/17/news/economy/jobless_claims/index.htm

Can You Serve A Little Cheese With That Whine?

I love great tasting whine. And for some reason, I like this story.

Maybe it's the former beauty queen of a contest with what appears to be few competitors. I'm not sure, but ya know sweetheart...you could always get a job. Be forewarned, you will need Kleenex.


http://celebglitz.com/37567/Celebrity-Gossip/man-wins-lottery-leaves-wife.aspx

More People Growing Brains, Nope It Ain't Pelosi

For sale:

Compact frontal lobe and medulla oblongata. Used very little. Pls. contact San Fran Nan for more information.

The health care bill is garbage. A bailout for insurance companies. Great article here by a Democrat with a brain and conscience. I know, I know, those three things are generally mutually exclusive but not always. See it here:

http://abcnews.go.com/GMA/HealthCare/howard-dean-health-care-bill-bigger-bailout-insurance/story?id=9349392

And the Hits Just Keep Coming...

It just never ends...

First the elite bankers and their too "big too fail banks" are allowed to pillage America. Then they go broke. In the fall of 2008, Hank Paulson does his "sky is falling routine" with a few others and bails them out. Knowing full well-that his term at the Treasury is up and no matter what happens he is walking away and won't get held accountable.

Now Citibank, one of the biggest recipients of TARP funds, is going to pay off the loan. What little money taxpayers might have made on the deal has been lost as the US Treasury and the IRS have negotiated a secret little deal with Citi that gives them enormous tax breaks- and effectively strips away any profit we might have made.

http://www.msnbc.msn.com/id/34442183/ns/business-washington_post

Our fearless leader, amidst his hope and change rhetoric, has remained uncharacteristically quiet about tax breaks for US taxpayers. Although prior to his election, he maintained that he would remove the penalties for the millions of Americans who lost jobs and had to crack open their 401ks.

I read a few days ago that Obama gave himself a B+ for how he has handled the nation's business in his first year. I wish he was still teaching. That way I could get free government grants and loans, sign up for all of his classes, get some sleep and a B+.

The Underground Economy

I cannot make this shit up.

Today I was watching CNBC and listening to the usual "buy stocks they are cheap and they make you rich bullshit" that they parrot all day. One of the interviewees got all tongue tied, grasping for words as he tried to explain the "underground economy."

It was like he was fearful and stuttering when he said people were performing work and getting paid under the table. He called it the "underground economy." No kidding. And he even added that the government knows about it. Like it was some secret and they were going to lock him up for even mentioning this on network tv.

I am still laughing my ass off.

I've known about the "underground economy" my whole life. So have all of you. There was a day when I criticized and labeled people as tax cheats. That day has passed.

I see the world differently now. I see it as inclusive. I see cheating taxes as more of a necessity. It became necessary when the government began stripping us of a huge chunk of our work product and diminishing our capacity to live our lives the way we would like to. Every penny they steal from us, is one penny we don't have to buy our children clothes, send them to school, or buy a comfortable place to live.

The best part is, is that the government is turning us into a nation of tax cheats. Of course it had to happen. We simply can't pay the outrageous amounts of money that they are demanding. It is out of control. The answer is to hack government in half, but since government is in control, unwilling and incapable of acting on behalf of it's citizens, they are prepared to lock up the entire country. I guess.

Good luck with that Frankenstein. You seek anarchy and you will get it. The first wave occurs next spring. You have fulfilled your destiny.

To all those "tax cheats" out there. Screw em. Live your lives. Trade, barter, and keep your work product. We're all in this together. The problem ain't tax cheats, the problem is Frankenstein.

One last newsflash. Interview on CNBC on how government employees are the highest paid in the country. Duh? They are in charge. When you have an unlimited charge card, and the power to pillage taxpayers, what's stopping you?

http://www.americanthinker.com/2009/12/federal_employees_at_the_troug_1.html

Nothing. Absolutely nothing. Not the biggest mystery on the planet.

The People Are Growing a Brain

So today Citibank announced they are paying back TARP.

Obama asks banks to lend more. So what Mr. Hopey Changy, do you think banks will listen to you? http://news.bbc.co.uk/2/hi/business/8412852.stm

Why would banks listen to you when they can get free dough from the Fed and buy treasuries financed by us? Dude, you need a brain retread. Really. This is what Harvard produces?

Citibank is going to raise 20 billion in an equity offering and pay off government loans. That way they can continue to operate as elitists and pay themselves huge salaries without the vigilance of the government and without taking orders from a narcissist in a suit. They can continue to pillage Americans. And ignore the great Won.

Taxes for bailouts or taxes to pay bond interest and principal. Either way, they bend us over. That's a beautiful thing made possible by Frankenstein Government.

Some people are starting to grow a brain. I add this to the growing swarm. Google and giggle.

Jim Rogers: Audit the Fed, Then Abolish It

The Last Sign, Prepare for the Rapture

When 98 year old grannys kill 100 year old grannys, trust me, the end is near.

They said John Wesley Hardin shot a man for snoring once. Our 100 year old victim was apparently getting too many visitors. You should always know who you are bunking with.

Geezus, I gotta run. Throw my roommate's shit out on the front lawn, change locks.

http://news.bbc.co.uk/2/hi/americas/8409246.stm

I Have a Promising Future Behind Me

I'm a little miffed.

For 24 years, I actually spent a considerable amount of time breaking up fights, arresting drunks, keeping the peace. I may have even prevented a death or two. Not only did I prevent carnage, but I suffered some carnage in the process.

Yet in all those years, not one solitary person ever nominated me-nor did I even get an honorable mention for a Nobel Peace Prize.

What gives? Shit-I even have witnesses.

So some dude, who has yet to do anything other than be a professional student or teacher, gets a Nobel Peace Prize?

A dude that is authorizing two wars and 30,000 more troops? Here's my favorite part. Obama said we have to "uphold standards when waging wars that are justified and necessary."

Have you ever met anyone waging a war that didn't think it was justified? Hitler, Bin Laden? That is how you get a peace prize?

Here's the logic. When we finally manage to kill everyone, we will have peace.

A snippet...

More	Page last updated at 18:14 GMT, Thursday, 10 December 2009 E-mail this to a friend Printable version Obama defends war as he picks up Nobel Peace Prize Advertisement President Obama receives his Nobel Peace Prize medal - Copyright Nobel Media AB 2009/NRK

While my promising future may lie smoldering behind me somewhere, I'll know this shit is really rigged when they start offering up awards to Obama's kids.

Presidential Scorecard

There were only two possibilities. I'd either be dead or 49 today. Fortunately, it is the latter.

And while President Obama either sees fit to blame Bush for all that ails us, he is just as quick to take credit for things that would have happened without him. So...

Instead of giving the credit for my temporary survival to President Obama, I am going to give the credit to a God of my understanding and pray that she sees fit to see me through to age 50 and the black balloon party. In the meantime, let's check the Won's report card...this is the transparent one. For the visually challenged, click to enlarge.

There is No Left or Right

Virtual insanity.

Ace of Spades HQ and American Thinker are two excellent websites. American Thinker is well written but not above reproach. Some writers are simply in err and I fact check them frequently.

Ace of Spades HQ is another excellent site. Think of it as American Thinker on steroids with a bunch of ego maniacs who all think they are smarter and more clever than anyone else, chiming in and posting their comments. It's like a mongrel dog pound and they don't let any independent thoughts or a cat, inside.

The problem with both sites is that they view themselves as right wing and correct. I abhor lefty sites because lefties are just as self centered and ego driven, perhaps worse, than the righties. And these two idiot factions, the extreme left and right, represent war. Two drunken idiots beating each other up, while the gal they are fighting over, sneaks out the back door with whoever is available-because they are distracted.

That metaphor is apt. Government doesn't have to divide and conquer us because we accomplish that task all on our own. And while we are distracted, they simply sneak out with a few more laws, a few more perks, and a little bit more of our money, year after year. It doesn't matter who is in office.

I pray for the day, when all of these left and right "deep thinkers" awaken from their slumber. The day when they get conscious and say, "Maybe the answer is unity. Maybe if we want a different result, we should try something different. Maybe instead of bashing each other over the head, it's time to identify our common enemy and start bashing Frankenstein over the head." That's my Libertarian fantasy.

The day when we are all united on the same page. The day that doesn't require left or right labels.

A Frankenstein Dog and Pony Show

In just a minute, I am going to give you a link.

The Senator grilling Fed Reserve Chairman Bernanke, is more or less dead on. Bernanke could care less. Why?

Because his confirmation is a done deal. So what you are about to witness is a dog and pony show. A complete waste of time, Frankenstein style. Bernanke is no free thinker. He is a good boy. Good boys keep their jobs and make their masters happy. Serving the public? Forget about it. I am surprised Bernanke didn't stifle a yawn or two. But then good boys know better.

http://market-ticker.denninger.net/archives/1694-Senator-Bunning-Grills-Bernanke-To-A-Crisp.html

Tiger Woods Will Always Be My Hero

Man, I get sick of writing about government all the time.

Once in awhile, I have to deviate. I have two heroes in the golf world. John Daly floats to the top because he is such an insufferable alcoholic and true under dog. My other hero is Tiger Woods for completely different reasons.

Now I have a lot in common with these two dudes. I am male, I golf, and I was once occupying the space that Daly and Woods now occupy. But Tiger, he is what I call a golf robot. Literally raised to do nothing else but become a golf warrior. Oh yeah, I remember the footage from Johnny Carson of the then-three year old Woods swinging a driver.

I have followed Woods life closely. His amatuer championships, his departure from Stanford, his interviews and open mike profanity at a British Open, the Fuzzy Zoeller black jokes. His current marriage which was arranged, I believe, through fellow golfer Jesper Parnevik. Oh yea, and I saw those nude photos of Nordegren. I mean, I thought those photos were real. Really. Lucky bastard.

Tiger hit life's lottery. One of the luckiest men in the world. He should thank God every day of his life.

And Tiger is a class act. He is squared away. I mean that dude says all the right things at the right times, he is cool and collected, and he is determined. But for all of those things, alas, Tiger was born with one huge and inescapable flaw. Yes, he is human. And worse yet, male and human. Given that damnable male DNA that says we are feel good junkies. Which loosely translated means, if men aren't having sex, they are thinking about sex. And booze and fishing. But mostly sex. That's how it is for us.

And while Oprah eviscerates men like chickens at a poultry farm, and largely ignores the failings of women...we watch. Guilty. And when women cheat, well doncha know, the men deserved it?

So when an old jaded cop, a veteran of I can't tell you how many late night and early morning confrontations and domestic melees, sees Tiger trying to flee his home at o dark thirty, I knew. I knew Tiger got busted for having that damnable male DNA. And he will have to account for his failings. He will have to disclose how much money he has given this cocktail waitress and all of the other things he did to facilitate her life. He will try to implement damage control. He will try to sort out the mess he has now created. His life and marriage will never be the same.

Tiger, welcome my brother. You have joined the ranks. You are what I always knew you were, a man. Please forgive me for ever referring to you as the "golf robot." In my eyes, you will always be the man we all wished we could be. You will always be my hero.

And just remember one last thing. Things could be worse. Thank gawd we're not Daly.

http://www.chron.com/disp/story.mpl/hotstories/6748776.html

Got Balls?

I've been following a couple of stories this week. Incredible stuff.

I've been trying to decide which incident took more balls. Crashing a Presidential party and embarrassing the shit out of the Secret Service or walking up to four police officers in a public place and executing them.

I am a cause and effect guy. I immediately ask the question, were these people drunk, high, mentally ill or some combination of the three?

I mean just when did their minds say, "Hey I got a great idea. Honey, why don't you jump into that red dress of yours, I'll throw on a tux, and let's go sneak into Obama's party?" I mean, what's the goal here? Publicity? Are they swingers? Did they have some undisclosed agenda or fantasy? Were they seeking a cabinet post? Did they pay their taxes? What was the motivation?

Or all that hatred. "You know, my life is horrible. I am doomed and without hope. I mean I simply can't change my life. It's the cops fault. I think it would be a real good idea to walk down to the coffee shop and kill a bunch of them. Killing people will make me feel better. Man, I need revenge."

Interestingly enough, both cases require giant balls to pull off. And both involve the invisible hand of government. The ineptness of the great Secret Service is on display. Thank God, we pay a small army of people a fortune to do this kind of work.

But Clemmons, now he is special. A career criminal who was released by Arkansas Governor Huckabee based on the sole word of the presiding judge and some reports. Like the cops that investigated that case had no insight or no value. Let's not ask the people positioned to have the greatest insight, like the police who investigated this dude, but instead rely on a letter generated from a judge who only had access to filtered information in a sanitized court room. That makes sense.

Huckabee got a few minutes on O'Reilley's show to defend and justify his actions. Scatter some blame with Bill's help on a couple of judges in Washington State. In the end, all they represent to me is government. Without balls.

Meet today's "We got balls" contestants below. The second clip proclaims, "It's Not My Fault."


http://www.eonline.com/uberblog/b155853_white_house_party_crashers_we_had_email.html

With All Due Predictability, Benny Boy Speaks Out

The Federal reserve prints your money and sets interest rates. No audit has ever been conducted of this private bank that masquerades as an arm of the Federal Government.

So as Ron Paul's bill to audit the Fed gains traction, the usual suspects emerge with the usual calm rhetoric and weak ass arguments. The biggest fraud ever perpetuated in the history of this country might finally face exposure.

There is absolutely no reason not to audit the Fed and find out what they are up to. Honest and above board operations don't clamor for secrecy. They don't fear transparency. But this one does.

Go figure. More from the current talking head here:

http://money.cnn.com/2009/11/28/news/economy/bernanke_oped/index.htm

Booze, Pot, and Aluminum Housing

Children beware! This is what happens when you mix pot, booze, and an eighth grade education. There is not a doubt in my mind that this "recording studio" is a rectangular house covered in aluminum with a few hay bales underneath it.. Terminally stupid-but hilarious...

AUDIT BILL GETS APPROVAL!!!

Hope springs eternal. Huge news day.

http://www.politico.com/news/stories/1109/29734.html

The Federal Reserve, a PRIVATE bank, is adamantly opposing this bill. Claiming that it will hinder it's independence and trying to scare us with inflation worries. The fact that we can't audit the Fed, which prints our money, is prima facia evidence that the bank is private.

There will be inflation irrespective of the audit measure.

In the Senate, flaming liberal Barney Frank will try to undo this bill. CNBC reporting that previous Fed Chairs Volcker and Greenspan have signed a letter opposing the audit bill.

Two crooked bankers and one crooked, pot smoking Senator in opposition? What better reason do you need to support this bill??

Lou Dobbs for El Presidente

This just in.

Lou Dobbs not ruling out run for Senate or White House. Can it get any better than that??? Doubtful.

http://www.reuters.com/article/mediaNews/idUSN1917286020091119

Dobbs lives in Rupert, Idaho. Sarah Palin is from Idaho. Can you imagine the "GEM" ticket? Oh yeah baby, Famous Potatoes!!

Dobbs can prove he was born in Texas and he has a Harvard degree just like Obama's. It gets better. Dobbs briefly went to law school before regaining his senses and he actually has a work history!!

http://en.wikipedia.org/wiki/Lou_Dobbs

The Beatings Will Continue Until Morale Improves

I think people are finally starting to figure out that lawmakers have dug a hole that is going to be very hard to climb out of.

Quite simply, we are going to pay 4.8 trillion over the next 10 years in interest debt alone. That's at current interest rates. Very rosy. The problem with that rosy picture, is that interest rates are at rock bottom and the cost of that debt must inevitably rise. The U.S. treasury must continually refinance it's debt. In fact, next year alone we will have to refinance 40% of our national debt as debt securities mature and we must pay bondholders. Let's pray we get current rates.

In a nationwide poll, this was the question that was asked asked. I giggled at the results. And at the question itself.

1. How much would you contribute to pay down the nation's debt?

Less than $100	8%
More than $100	12%
My estate, when I die	1%
You've got to be kidding	79%

Total responses to this question: 69261

The part I giggled about-is the ineptness and apparent lack of math skills inherent in the question.

And I am a math idiot.

Quite simply, if we have 150 million wage earners in the U.S., and each one of them gave 100 bucks, it would only amount to 15 billion or about 3.0% of just ONE YEARS interest. In fact to pay the interest on this debt each year will require an additional 3500 dollars per taxpayer. We still have to pay taxes for current expenditures like SS, Obamacare, Cap and Trade, and a few more wars. Or a little extra to actually pay down the principal. Now you begin to see how bad it really is. At existing rates.

Here's a quick fact check for you. http://www.usdebtclock.org/

And oh by the way, contributions will not be voluntary.

Often Wrong but Never in Doubt, a Political Mantra

I tried to embed an MSNBC clip which didn't work out. That and I don't really care for those Scotttrade ads.

So I am going to throw in this link;

http://www.onenewsnow.com/AP/Search/Business/Default.aspx?id=771798

Home foreclosure and delinquency rates set a new record. In fact, 14.5% of all home loans are now delinquent by at least 30 days or in foreclosure. That is huge. Not to mention the rise in conforming, those non adjustable and fixed loans, as even the best loans are sinking because of massive unemployment.

Credit card defaults are also at an all time high. The jobless claims for the week ending Nov. 7 were 505,000. Which by any accounting method still sucks.

All of this wretched excess has to get wrenched out of the system. It is the pain we must feel, the medicine we must take, to get over our consuming disease. I'm ok with that and of course it had to happen. And it will continue to happen.

What frosts my ass is that politicians with "re-elect me" agendas like to proclaim through various means (thus minimizing and deflecting the damage) that their actions and policies have been effective. They want to take credit for a recovery that simply doesn't exist. It is a lie. By itself that is bad enough. Unfortunately, these spineless ninnies refuse to take any corrective action to undo the damage they have caused. This includes re-instituting Glass-Steagall and a number of other safeguards and policies that banks and financial institutions had Congress undo.

Politicians refuse to engage in campaign reform. Check out Senate banking chair, Chris Dodd's contributors (or any other politicians) here- http://www.opensecrets.org/. Politicians refuse to audit the Federal Reserve (although some are trying) or eliminate the Fed entirely because that takes moral courage which apparently -in Washington- is in very short supply.

Politicians simply haven't accepted the fact that they are responsible for this mess and that without serious reform and some political courage, we will achieve nothing. Business as usual. That includes any more idiotic claims from the top down that the "Great Recession" is over or that they have some crystal ball or divine guidance when determining just when that will happen.

Gird Your Loins

Housing starts.

http://money.cnn.com/2009/11/18/markets/markets_new_york/index.htm

CPI came in a shade worse than expected at .03. Dollar trading at 1.50 to one euro. Gold hitting 1150.00. Oil not budging, hugging 80 bucks a barrel, so no pump relief for us.

Official jobless rate at 10.2. Real unemployment closer to 20%.

We have been sitting in an artificially induced eye of an economic storm. The best news is baked in. When we exit the eye of this financial storm, this is going to get real interesting...say about 2010. I can't wait to see Frankenstein try to put lipstick on this pig in an election year.

Anyway, I don't see this as good or bad. I just see it as it is. Pretty soon, inflation and the Federal Reserve are gonna jack up the interest rate on all that dough we borrowed and as Joe Biden so aptly puts it, it will be time to "gird your loins."

When It's Bad to be Good and Good to be Bad

Huh?

The terms optimism and pessimism are fascinating terms. They are created by a false sense of self. An ego that finds it necessary to label itself and then run around and label others. It is done to discredit others and make itself look perceptive. That is ego. Pure and simple.

Unfortunately, this idea that we must label people and call them names was first learned in the sandbox or playground. It is kind of the adult version of name calling.

Have you ever heard that cliche' about optimism? Of course you have, the one about seeing life as a glass that is half full or half empty? Complete and utter nonsense. I'd like to slap the shit out of the person that first uttered that cliche' and the millions of morons that repeat it.

Years ago, I had a friend who ate right, took care of herself, and believed she would live to a ripe old age. You see, she considered herself an "optimist." Unfortunately, all of that optimism involved not getting seen by a doctor. And as she lay dying at the ripe old age of 42 from cancer, I remembered.

I always enjoy hearing from the silver spoon crowd too. These are the folks who have every advantage. They had the right parenting, access to college usually without working, and a nice network of friends to help them land sweet jobs. Maybe they have so much dough they don't even have to work.

I love it when the rich kids call themselves optimists. No kidding, of course they are. Why wouldn't they be?

Sometimes the optimists acquire self awareness. They become grateful. They begin to realize that their perceptions of optimism and pessimism are born out of the experiences that shape them. Unique realities, opinions about themselves that are always true. When people "get it" is when you see a book such as "The Last Lecture." Grateful people.

In fact, I am going to embed the link for the "Last Lecture" by Randy Pausch. It has been viewed over 10 million times. There are a lot worse things you could spend your time on.

http://www.youtube.com/watch?v=ji5_MqicxSo

So why am I ranting about this whole optimist v. pessimist debate? Because it is utter nonsense.

I created Frankenstein Government to create awareness. A government that loves optimists and nanny followers, call them enablers, who believe that government is good and will save them. Their optimism and trust, thus lack of participation, makes them suckers. Folks like my friend who don't see the doctor.

Pessimists on the other hand, see the prima facia evidence. They try to make people aware, to garner participation often while facing the ridicule of self anointed "optimists." They are not suckers and don't get lured into egoic thinking. They could be called optimists actually.

Here then is prima facia evidence. The government lost 98 billion this year. Since there are only 100 million taxpayers, including myself, they managed to piss away and lose about 980 dollars of the 15,000 dollars they have garnished from me. I suppose the optimist in me would say, "well they managed not to piss away the other 14k." Sweet.

http://www.thebostonchannel.com/money/21647334/detail.html

Boise Bum Barometer

They say you can gauge the health and wealth of a nation by how well it cares for its poor. Maybe Ghandi said that- I'll have to look it up later.

I counted nine bums on Boise street corners today. Corners that were previously uninhabited. I had the misfortune to get behind one of those bums straddling an island in a left turn lane. The lead car decided to go for his wallet as the arrow turned green. The bum got some currency for his efforts. We missed the light. I almost felt as though I had contributed.

The bums all carry placards conveying a message. One said "family of five." One said "Army veteran."

A river of down and out people who even if they could clean up, it is highly doubtful that they could be competitive at any level in today's rosy job market.

Thankfully, the recession is over.

Here's the worst part. That bum with the Army veteran hat has done more for me than the President. And if I were given a choice of who to hand that paycheck to, well let's just say...I know I would hand it to the most deserving party. And friends. Knowing more are coming.

A glimpse of the future. You'll love this. Frankenstein Government California style. "Hey, we're not just going to steal your money, but there's not a damn thing you can do about it! Now run along losers, go home and watch tv."

I know a lot of folks from California...this might effect their revenue streams just a tad...

http://www.americanthinker.com/2009/11/the_california_t_party_t_is_fo.html

The "Lunatic Fringe"

I am a card carrying member of the lunatic fringe which is to say...

I believe in liberty. Freedom from nanny government control. Nanny government control comes from three accepted sources...Republicans, Democrats, and the independent voters that THINK these two parties are the ONLY solution.

In fact, our two party system is the PROBLEM. Repeating the same behavior over and over again achieves the same time honored and guaranteed results. A democratic nanny government that passes laws and gives your money to those unwilling to work for it, or a republican nanny government that passes laws and gives tax relief and business advantages to the rich and elite.

Make no mistake about it. Either way, you lose-working stiff.

Screw the Bushs' and Obamas' of this world. The Pelosis, Geithners, Franks, Waxmans, Dodds, Paulsons; the business as usual-enrich our personal lives any way that we can Frankenstein government employees. They quit working for us long ago. To support them is to take a seat on the short bus.

Someday, we will understand that those people who comprise government as we know it now and the vast majority of Americans who still believe and support this unmanageable mess...

One day, they will be referred to as the "lunatic fringe."

Don't Drink The Kool Aid

President Obama, Fed Chair Bernanke, and Treasury Secretary Tim Geithner have set up a Kool Aid stand. They want you to buy the Kool Aid and drink some. Millions of Americans have.

Here are the symptoms of someone who has swilled the Kool Aid. They proclaim that the "Great Recession is over." They have bought into the short term or micro view of an artificially stimulated TARP economy. They adamantly counter attack anyone who holds an opinion that you cannot continue to inflate and stimulate an economy, or avoid a collapse, by spending money you don't have. In fact it is going to make the coming depression far worse. What happens when the interest rates rise on all that US debt when we eventually come out of the great recession? Servicing that interest in an inflationary environment will be an incredible drag on our economy. Oil is going to get ugly, fast. We are just getting a short term reprieve.

It is an illusion. What is not an illusion is that gold is hitting all time highs again at 1135.00 an oz.

Another illusion was created when manufactured GDP numbers included a mad dash for free money in "Cash for Clunkers" and the same mad dash for the "free" 8000 dollar tax credit for first home buyers that expired (and was extended!) at the end of the quarter.

Continuing job losses are illusory in that they are woefully understated. Add something nobody is talking about. A humongous labor pool where new job offers come with the lowest salaries I have witnessed in 30 years. Yours truly was offered a job for 8.25 an hour at a non profit. Slim health coverage in 180 days. Managing 20 employees making 7 and change. I turned it down because I can. I made that kind of money 30 years ago.

You cannot dismantle an entire health care industry, without scaring the shit out of employers and corporate taxpayers. They simply cannot or won't add jobs until they see just what kind of ugly tax bill comes due, and just who is going to pay for ObamaCare. It is an employer buffet.

One of the few straight shooters we have left is Peter Schiff. I trust him. He called the banking collapse and he is calling this the way he sees it. He is a libertarian. His views are in the link below. Don't drink the Kool Aid. Schiff hates Kool Aid. Me, too.

http://www.campaignforliberty.com/article.php?view=358

I pasted this blurb from Schiff's article which bears repeating. It is this type of illusory massaging of our numbers that is so misleading.

An article in this week's New York Times by veteran writer Louis Uchitelle confirmed a fact that I have been alleging for years. Uchitelle pointed out that foreign outsourcing of component manufacturing has led to consistent overstatement of U.S. GDP and productivity. The connection goes a long way to explain why we keep losing jobs even as GDP is apparently expanding.

Uchitelle's article is excellent. http://www.nytimes.com/2009/11/09/business/economy/09econ.html?_r=1

Amen, Peter.

Obamas Favorite Dessert...Who Writes This Crap??

Today is Veteran's Day. We are fighting two wars, we have skyhigh unemployment, a national debt roughly the size of Rhode Island, and more domestic problems than you can shake a stick at.

And somebody takes the time to write this stuff? And somebody else takes the time to read it?

http://airamerica.com/lifestyle/11-10-2009/capital-culture-obama-pastry-chef-the-crustmaster/

I don't give a rat's ass about Obama, his wife, his kids, his ugly dog, his pizza chef, or his pastry chef, how big his penis is, or his golf game.

I do however care about my country and the people that died trying to defend it so that dipshits like this could write stories about pastry chefs.

Man, I gotta tell ya. If this stuff doesn't smack of Nero fiddling while Rome burns, I don't know what does.

Make sure you thank a vet today for his service. Show some gratitude and respect for the things that matter. Obama or his pastry chef? Er...not so much.

Senator Chris Dodd, Just Another Innocent Victim

Forgive me. Big news day. Coming in waves.

You have to love a guy that knows how to spend trillions of your dollars, a self styled banking expert saving the planet from financial Armageddon, yet he doesn't know the slightest thing about the Countrywide VIP program? Whether or not he is getting a special rate or terms, when getting his own mortgage?

So which way do you want to spin this, Chris? You are a genius when bailing out banks with TARP yet you are an absent minded and drooling idiot when it comes to spending your own money? Which is it Chris? Are you a genius, idiot, or victim?

There aren't many people I despise more than Christopher Dodd. The drunken lout and girlfriend killing antics of Teddy Kennedy rated high. Maybe. Blarney Frank, a giant weiner that is full of shit as that name implies, who while in attendance during a pot raid just prior to the elections somehow managed to stay out of the "media"-and my number one self serving miscreant, Hammering Hank Paulson. Queen of the self serving and greedy elite. But the soup du jour we serve today is...

Sen. Chris Dodd, banking chair. Let's take a look at his latest Frankenstein creation. A whole new regulatory agency and bureaucracy to do the job that other bureaucracies failed to do. See this piece of work here:

http://www.reuters.com/article/ousivMolt/idUSTRE5A940720091110

Now let's look at Chris Dodd's campaign contributors courtesy of Open Secrets. It looks like a who's who of every banking giant in the U.S. Dodd, a co-conspirator of that TARP masterpiece, is bought and paid for by banks. See it here:

http://www.opensecrets.org/pres08/contrib.php?id=n00000581&cycle=2008

So ok, how does Dodd conduct his personal life? Well he gets cozy with one of the biggest mortgage crooks, Angelo Mozilo, of bankrupt Countrywide fame. Then Dodd feigns stupidity on Angelo's private little lending program. Interestingly enough, they focused on the mortgage rate rather than the other terms of the note. No mention of the 200,000 dollar Irish cottage that Dodd bought from a crooked pal, when neighboring comps on the Emerald Isle were selling for 800 to 900k. Chris you are simply a peach.

View this poor victim Dodd here;




The investigation is completed. He was cleared! You can bet that was a "thorough" investigation. By who? Kind of reminds me of that OJ verdict. See it here:

http://politicalticker.blogs.cnn.com/2009/08/07/conrad-dodd-cleared-in-mortgage-investigation/

Interestingly enough, there is no mention of the deal Dodd got on his Irish cottage. Seems no mention of that anywhere in the great ethics investigation. See it here: http://online.wsj.com/article/SB123681364667801647.html

A year later, a TARP opinion.

http://www.washingtonexaminer.com/opinion/Do-Dodd-or-Frank-care-why-TARP-failed_-8447253.html


So now, Dodd is trying to rehabilitate his image in the face of next years election by introducing this wasteful propaganda. All that was missing was a tear or two running down his cheek. How about about a simple redux of the Glass Steagall act and the other laws you deconstructed that allowed this whole fiasco to unravel in the first place? That would be too cheap and effective.

Chris Dodd, one of Frankenstein's finest. Is Dodd guilty? Well if you quack like a duck, walk like a duck, have webbed feet and a bill...you just might be a duck. Even if a group of your pals tells us you are not really a duck.

Dodd has a cottage waiting in Ireland. Go in peace. The Irish might not let him in.

Frankenstein Loves the Lottery

Ok, here's the question of the day.

Who is the greatest lottery winner of all time? Of course. Frankenstein wins 1/2 of every lottery win in the U.S.

In fact, in my home state of Idaho one year, a huge lottery windfall made up a significant portion of a budget shortfall.

Good gamblers, like Frankenstein, don't take gambles. Frankenstein has never bought a ticket.

Now every Christmas, about the first time I start hearing Christmas music, which neatly coincides with the day after Halloween, I think of Jack Whittaker. Whittaker's story is so sad, that it bears remembering. Whittaker cashed one of the biggest lottery tickets of all time, 315 million. Well, he and Frankenstein. In fact, Whittaker only got 114 million. Frankenstein kept 201 million for himself. What happened next is worth remembering, it happened Christmas day, seven years ago, and it goes something like this...

http://en.wikipedia.org/wiki/Jack_Whittaker_%28lottery_winner%29

What's truly unbelievable was that this ticket could have been a 900 million dollar annuity because that option was selected. Wow. Be careful what you wish for.

Knowing The Day That Follows Your Dash

It's kind of a morbid thought really. Knowing the second date after the dash on your tombstone.

Most of us manage to live a decent dash while some of us don't. Most of us don't know what day will follow that dash, but alas, there are a few who do.

Some seven years after the DC sniper shootings, Mr. Muhammad is going to become one of those rare individuals who know with precision what day that's going to be. That day is today. In fact, it may have already happened.

What motivated the DC snipers to randomly kill people? Words fail and chances are...where Muhammad's headed, nobody's going to bother asking him anyway.

http://specials.msn.com/A-List/DC-sniper.aspx?cp-searchtext=D.C.%20sniper%20set%20for%20execution&FORM=MSNHAL

Greed, the Zombie Elite, the Cure

For the last three years, I have written extensively on greed. Unadulterated, rampant greed.

And yet to write about greed, and the elites that practice money worship and the hunger, seems almost un-American. The defenders of capitalism see greed as "normal." It is acceptable. And to utter a disparaging word on greed, draws the defenders out. Right wingers, employees of the elite, they come. They attack.

But what they cannot do-is defend greed. And they don't because they can't. And so it is that they launch those attacks on behalf of their nanny and elite employers. Displaying their loyalty. Hoping for a bigger piece of that wealth themselves. Indeed, it is a sickness.

And as I write this, I see that Manny Ramirez has re-signed for the 2010 season with the LA Dodgers. Twenty million for six months of play.

I stumbled onto this piece. Written by an MIT graduate with a nice string of credentials. It focuses on greed with an out take our two on our systemic priorities and the philosophy of Ayn Rand blended in.

http://www.sramanamitra.com/2009/03/28/capitalism-20-the-need-for-regulation/

So what does an MIT genius and a blogger from nowhere have in common? Perspective. Two years ago, I didn't know who Ayn Rand was. I got my perspective courtesy of a little town in central Idaho, where the wealthy and elite blend in with us bourgeois', coupled with my fascination with business news. And so two completely different folks, on completely different routes-converge on the same conclusion.

No amount of wealth and power will ever satiate the insatiable. They cannot and will not rein themselves in.

A few years ago, I would have disagreed with my MIT writer on the cure. Unconscious egos that are left forever wanting. Education and a shift in values. Moral decay. After viewing this up close and personal, mulling over education, consciousness, and and the commitment to improve values- that cure is simply not available. You can't make zombies undead. It annoys them. Regulating the zombie elite to the graveyard smacks of government control and pay czars.

How about we return to a real free market system of competition without government sanctioned monopolies, subsidies, and interference? Election reform. No heavy handed intrusion, no government intervention, get the hell out of our lives and quit stealing us blind? Ah yes, Libertarians. Never thought of that.

The only other viable answer? Let the elite system implode. All previous democracies have failed. This stuff doesn't last forever anyway.

Mucho Gracias Yankees

I got a kick out of this. Seems Bank of America was giving out credit cards to illegal aliens without social security numbers.

Taxpayers gave 'em 35 billion. Courtesy of Frankenstein.

How sweet of us to bail B of A out and supplant their astute business making decisions. Linkeration via Snopes that verified the allegation- http://www.snopes.com/politics/immigration/bankofamerica.asp

This brings up a lot of questions for me...like those involving accounts and other taxpaying consequences but arrgghh...gonna leave it alone...

More Frankenstein Government

Got this in an email from an old friend. He is part of the lunatic fringe that we used to refer to as "patriots."

Once upon a time the government had a vast scrap yard in the middle
of a desert. Congress said, "Someone may steal from it at night." So they
created a night watchman position and hired a person for the job.

Then Congress said, "How does the watchman do his job without
instruction?" So they created a planning department and hired two people,
one person to write the instructions, and one person to do time studies.

Then Congress said, "How will we know the night watchman is doing the
tasks correctly?" So they created a Quality Control department and hired
two people, one to do the studies and one to write the reports.

Then Congress said, "How are these people going to get paid?" So they
created the following positions, a time keeper, and a payroll officer,
then hired two people.

Then Congress said, "Who will be accountable for all of these people?"
So they created an administrative section and hired three people, an
Administrative Officer, Assistant Administrative Officer, and a Legal
Secretary.

Then Congress said, "We have had this command in operation for one Year
and we are $18,000 over budget, we must cutback overall cost."

So they laid off the night watchman. NOW slowly, let it sink in. Quietly, we go like sheep to slaughter.
Does anybody remember the reason given for the establishment of the
DEPARTMENT OF ENERGY.... during the Carter Administration? Didn't think so!

Bottom line: We've spent several hundred billion dollars in support of
an agency...the reason for which not one person who reads this can
remember! Ready??

It was very simple...and at the time, everybody thought it very
appropriate.

The Department of Energy was instituted on 8-04-1977, TO LESSEN OUR
DEPENDENCE ON FOREIGN OIL.

Hey, pretty efficient, huh???

AND NOW IT'S 2009 -- 32 YEARS LATER -- AND THE BUDGET FOR THIS "NECESSARY"
DEPARTMENT IS AT $24.2 BILLION A YEAR. THEY HAVE 16,000 FEDERAL EMPLOYEES
AND APPROXIMATELY 100,000 CONTRACT EMPLOYEES; AND LOOK AT THE JOB THEY
HAVE DONE! THIS IS WHERE YOU SLAP YOUR FOREHEAD AND SAY, "WHAT WAS I
THINKING?"

AND, NOW, WE ARE GOING TO TURN THE BANKING SYSTEM, HEALTH CARE, AND
THE AUTO INDUSTRY OVER TO THE SAME GOVERNMENT? HELLOOO!

Worth noting here. There is no accountability as a component in project development or management Frankenstein style. Once these useless agencies are created-they are never reviewed in terms of goals or accomplishments, they are superior in terms of wasting a shitload of money. The Dept. of Energy is responsible for cleaning up Superfund sites. The number one Superfund site in the U.S. was the giant contaminated copper pit in Butte, Mt. My hometown. After studying the problem, the DOE simply walked away. Sweet.

Eating Yourself

I don't know what the big deal is.

A trillion here, a trillion there. You guys act like this is some big deal. The sky is falling, the sky is falling.

Now our annual GDP, or the total cost of everything produced in the U.S., is only 14.4 trillion. The national deficit is currently only 12 trillion. See it here: http://www.usdebtclock.org/

Next year, annual GDP and our debt will match for the first time evah! In 2011, it will spill over.

Every kid born now owes an immediate 39,000 bucks just for being born- and I think its high time they started paying the freight. This waiting until age 15 to tax them is bullshit. That's why we owe so damn much money in the first place.

And while I'm at it, isn't a high school education a capital gain? Franky got a piece of my salary every time they paid me to go to some job related training-so what gives? Ok, maybe that's weak sauce...onto the point...

I don't even think a trillion is accepted as a large number, but baby anything to the 15th power has to be. Behold the quadrillion. 1,000,000,000,000,000 (one thousand million million; 10¹⁵
That's even more money than Goldman Sachs has. I don't even think the Powerball jackpot has gotten that high.

So we are in a race for the first quadrillion deficit. Now with all the pipeline deficits, Social Security, Medicaid, and the existing deficits...add in new programs like the 1.2 trillion health care bill and the cap and trade bill, and we are going to eclipse 60 trillion and march toward one tenth of a quadrillion. Very soon. But what if interest rates rise? Oh, baby then we got big time probs. The race for a quadrillion is on.

So just where is Franky gonna get the dough to pay that interest and that debt? He's coming for you-elite and wealthy. But you know what? Elite and wealthy people aren't gonna stick around and get ripped off. They got the chips. They ain't giving them back, Franky. Ex-patriation. Most of them have already expatriated their dough.

A government for the people, by the people, is about to consume itself. And that top 5% paying 95% of the taxes? They ain't waiting around for Franky to come and raid the cupboards. This Thanksgiving, say a prayer for that turkey you're about to eat. The biggest consumer nation on the planet is getting ready to eat itself. We may be the turkey in the years to come.

Get Ready to Sell Your Teeth!

Years ago, I had several gold crowns put on various molars. This happened back when gold traded at 300 bucks an ounce although undoubtedly, I paid something north of that.

Yesterday, India was reported as buying 6.7 billion worth of gold. India chose to invest in gold rather than US securities. Interesting. They bought at 1040.00. Today gold is trading right at 1100. They have already made 4 or 5%. Try getting that rate of return anywhere.

Because the dollar is so hideously weak, and oil is traded in dollars, the price of oil continues to trend up. That and China is signing contracts with anyone willing to sell. It's over 81 bucks a barrel.

Now I watch CNBC Business News. Far more than I should. And because they are a network, and a news channel, they bring on these talking heads. Today they were talking about commodities "bubbles." Thinking that all of this pressure on commodities is about to burst and rapidly deflate just like the housing bubble.

Not so. In fact, what makes this situation different is that this is not wild speculation. It is simply people and countries investing their money in a tangible, relatively safe asset. They are not buying paper hoping to make more worthless paper. That is a no confidence vote in the dollar as the world's reserve currency. China is doing the same thing. I expect oil exporters to follow suit. All of that demand of course is simply going to drive the price of gold up.

And there's not a damn thing the U.S. can do about that. Kinda makes a guy wonder whether Obama, Bernanke, and Geithner got a little gold socked away. Or whether or not the Fed Reserve is buying gold. Don't know. We can't audit them. What an excellent trade. Give money away and buy gold at the same time. Sweet.

At any rate, don't worry about all that talk of a commodities bubble. Unless of course, China and India quit using oil. Or they quit producing wealth and buying gold. Or the U.S. quits printing worthless and non existent currency.

I ain't selling my teeth for anything less than 1500.00. Don't be a sucker and don't worry about missing the boat, it may arrive sooner than you think.

http://www.moneymorning.com/2009/10/27/dethrone-the-dollar/

A Psychotic Episode at Winco

I want to talk about pop. Soda pop. I need a Frankenstein breather.

For years, I have witnessed this phenom which I am about to describe. Yet I have never stopped to ponder it until last night.

I pondered it because as I stood in the eternal line of 12 items or less at the grocery store, I began counting the shoppers ahead of me, many with 30 items or more. Rather than club them to death or say nasty things, I pondered. That's new for me. And as I pondered, I noticed at the checkout counter that they have those little bottles of Diet Pepsi in those little coolers-my drug of choice.

There was a tag that said a twenty ounce bottle was only 1.39.

Yet here I was in that glacial line, holding a giant 67 oz bottle of Diet Pepsi. It cost only 1.00. And for a moment, I felt like a criminal. How could this be? With my intensely mathematical mind, doing quick calculations (although I certainly didn't need to) I should have been paying something north of 4 bucks for this loot. Was this the deflation that those CPI guys were talking about?

And as my mind drifted, I thought about bootlegging Diet Pepsi. I mean, couldn't I simply fill up some re-usable 20 oz. bottles, fill them from those enormous bottles, sell them at 59 cents apiece and still make 100% profit? Isn't that the American dream? Find a niche and exploit it?

Any time you can make a 100% profit margin, that is a good deal.

Then I thought, why do people buy those small 20 oz. bottles? Do they think, "Hey, let's be as stupid as we can and pay three times as much for something that is a useless and damaging drink in the first place! This is America!" Then it dawned on me.

Of course. We are idiots and we are lazy idiots to boot. We can't be concerned with these little distractions like wasting our dough- as we lead our enormously important and desperate lives.

People just don't like lugging those three pound bottles around and worse yet, there is no way in hell my drink holder could handle that behemoth. Pop everywhere. Then it hit me. Had I ever seen a drink holder that could accommodate enough pop to float an oil tanker? Yes, maybe.

Those Range Rovers have little fridges in them. But they cost a shade over 50k. That is kind of a drawback.

You know what? You get a Ph.d from me in multi tasking if you can figure out a way to hold one of those giant things, steer and shift, run your navi and satellite radio, put makeup on, talk on your cellphone, occasionally bitch at other drivers while reloading a magazine or two, and not die in a fiery crash.

Eventually, I snapped out of my psychotic break and I was able to conjure up enough where with all to greet the cashier and pay for the 13 items I was holding because I never get a basket. That's how it is for us genius types. We can't be distracted by such things.

Trickeration, Frankenstein Style

Being a libertarian is hard and lonely work. Running around and chasing Franky through gothic landscape (while keeping my torch lit) is not for the faint of heart.

Let's take a meandering and circuitous walk and try to make this fun.

I didn't choose to be a libertarian. I became one by default. I had the two emotional precursors that all libertarian must have. I came to believe that crooked politicians enriching them selves and their elite friends was wrong. (Republicans) I believed as well that enriching yourselves, enriching your friends, and making it appear as though you were helping the poor and downtrodden was also wrong. (Democrats) In both instances, the minions get hosed. So it doesn't really matter whether you steal my money and give it to your friends, or give my money to the poor. Either way, you are stealing my money.

It's like being captured by benevolent headhunters. Death by sodomy or death in scalding water. Then we eat you. But either way you will be eaten. Now choose and be thankful we are nice enough to give you a choice.

The current Frankenstein thugocracy works like this. Watch video for serious laughs.



The other precursor I attribute to Einstein. That doing the same thing over and over again and expecting different results is insane. That is the R and D dance. Just keeping hopping back and forth and Franky will survive. Franky has flourished for the last 50 years.

Now there are a lot of intelligent people out there defending R and D philosophy. People far smarter than I. But they have overlooked one thing. They are locked into a belief system that says any vote for an un-viable third party is a wasted vote. It is that faulty logic that allows Frankenstein to thrive. He loves that belief system.

Ok, let's get to the point.

The libertarians believe in liberty and free choice. One of the major stumbling blocks of the Libertarian Party platform is the belief that drugs should be legal.

Whoa! That stops most people dead in their tracks. So why doesn't that stop a retired cop and small town retired Police Chief? Didn't you fight that war? Don't you believe drugs are bad?

The answer is yes, on both counts. In fact I won't even take ibuprofen.

The answer lies in the replication and triplication of anti-drug efforts. At the Federal level we have this giant, money wasting, and drug war losing agency called the DEA. (I could throw in a few other agencies, like border patrol or ICE, ATF, and IRS who with a wink and a nod usually get dealers for tax evasion) A horrible failure by any accounting method. At the state level, we have have the state police duplicating the same job. At the local level, we have county and city cops triplicating the same effort.

Instead of just legalizing and regulating dope how about we shed the biggest money loser of all-the DEA? Wouldn't that return some of the authority back to the states to regulate how they wanted to enforce drug law? I mean they still have state and local cops. Isn't that how the framers of the Constitution envisioned this? States having their own authority? Of course it is.

Giving the states back control is not what Franky wants. He wants to expand his control and power base at all costs, to usurp the authority of all of us-to govern ourselves. Frankenstein accomplishes this by whispering how wonderful he is while picking our pockets. And yet, nothing ever changes. Kids still die and our federal prison system keeps expanding but Frankenstein keeps telling us that all that money he steals from us and spends is for our own good. Kind of like those benevolent head hunters.

Trickeration, Frankenstein style.

The Latest Version of the Healthcare Omnibus Spendulus Maximus

Here at Frankenstein Government, we (meaning my multi-personalities and corresponding voices) are committed to bringing you the latest version of Frankenstein's, "Healthcare Omnibus Spendulus Maximus" or HOS 'M bill whilst you are sleeping.

Presumably, some of you still have jobs. You will need your rest so that you can go to work and pay for my health care costs while I spend hours retrieving this information for you.

Obamas' original price tag on the HOSM was 900 billion. Other reliable sources are putting it closer to 1.3 trillion. But don't worry about that. Nancy Pelosi is quoted as saying that this bill will actually reduce the deficit.

Kind of like government buying you a new car, and just because they love you, they pay all the rest of your bills for you.

Like I said, you can't make this shit up. Click here to get it straight from the floor, yesterday.

The "Big Heist", Let's Have a Seance'

All tyranny needs to gain a foothold is for people of good conscience to remain silent.
Thomas Jefferson

Well in my little hometown last week, they "jerry rigged" a local school bond levy for 60 million. They did it one week prior to the towns regular elections. Why?

Because they were trying to attract the least amount of participation as possible. That and the law that allows them to do that will likely vanish next year.

My little area is heavily populated with second homes. Homes unoccupied by owners probably not even registered to vote locally. Ski season hasn't arrived yet. And so our school district exploited existing law, mounted the rallying cry, claimed it was GREAT for the local economy, and whipped up all of the support that they could.

The majority went MIA. Apathetic and absentee homeowners.

A whopping 27% turnout. Thus a super-minority was able to spend the dough of the majority. They claimed victory. Some of them even claimed patriot status for the act. (I helped an old lady move today, which took far more effort-but alas, I was denied patriot status for the deed.) The richest school district in the state, and one of the richest per pupil in the U.S., just got 60 million richer.

Guaranteed genius status for their kids. You're buying.

I actually considered exploring an injunction but didn't. Not because I feared all those whiny ass libs that think spending your dough will get their dull kid into MIT-but because I am no longer a resident. You see, I have no standing.

But it's not because I don't care. I don't consider it the fault of those missing property owners or apathetic voters. I don't even hold the school district responsible for exploiting the letter of the law. I don't even blame those nanny libs who believe in spending and wasting money and patting themselves on the back like they did a good deed.

You see, what I do hold accountable is a Frankenstein Government (this one at the state level) that allows compromised and clearly conflicted school districts to hold sneaky elections, whip up support with veiled and undisclosed projects, and then hold the damn election in their brand new and existing schools. Schools complete with district employees stifling back sniffles and tears as the guilty no voters must file in and avoid the stares of their neighbors-like a jury just coming into the court room with a guilty verdict.

If the great polymath, Thomas Jefferson, were alive today-would he sanction such an event? I hardly think so. It's mob rule Tom, except the minority is doing the ruling. The majority is busy at home watching fitness shows, drinking wine, and wondering where their tax assessment is on their second home in Idaho. That's how it is.

There is no honor left. No doing the right thing even when people are watching. Every school district dog for himself. What option is left for the people who can't afford this kind of waste? Like one writer wrote in to say, "if you don't like it leave."

And it is precisely that snarky response that solves nothing-and ensures that it will continue. What's left for us to do? Oh yea, that seance' thing.

"Hey Tom, a group of us were thinking about getting together around midnight on Monday, holding hands and murmuring stuff. Would you care to join us?"

Voyeurs Paradise

Hear Ye, Hear Ye old men. We may have missed our chance.

The article states that streaking pumpkin heads may have been arrested and thus listed as sex offenders. Wow. Having harmless fun in frigid temperatures...well we can't be having any of that!

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Police quash nude pumpkin run

Many of this year's runners got cold feet over the threat of legal action A "zany" annual Halloween tradition has failed to materialise in Boulder, Colorado, with the threat of police action quashing the Nude Pumpkin Run. Each year, dozens have run down the city's streets wearing only shoes and a hollowed-out pumpkin on their heads. Police said "full" participants this year faced indecent exposure charges. Up to 100 officers were deployed around Boulder this Halloween. As of early Sunday, local media reports said only one Halloween-related arrest was made. "I have heard people say, 'It's just not worth it. Let's not go down [to the city's mall]'," Boulder's Police Chief Mark Beckner told local newspaper the Daily Camera. 'Legal threat' Local reports say with up to 4,000 people taking part in Halloween revelry, a handful of individuals did take part in the run, but that when police caught up with them they were sufficiently clothed as to be "within the law". A Boulder police spokesperson said as of early morning Sunday only one Halloween-related arrest had been made, which was not connected to the Naked Pumpkin Run. A charge of indecent exposure could have led to participants being registered as sexual offenders. Last year, some 150 people turned out naked for the 10th event of its kind. Similar runs have also taken place in other US cities including Seattle, Portland and Arcata. On its website, the group had warned potential runners that "the violation of the Western societal more, enforced by law, of unclothed public exposure can indeed land you legal consequences. "Furthermore, the decision to participate is yours and yours alone," it added

IBGYBG...So Let those Idiot Taxpayers Get Caught Holding the Bag

Now it's CIT's turn. Read the link and and just feel your backside get hot.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aGR8yTH2eLwY&pos=1

Early in the banking crisis, before we ever passed Hank's bailout bill, I wanted to see every one of those insolvent banks go broke. Into receivership. Yes and have the great depression that we all so richly deserved. Get it over with.

In fact, that is the law. Government may have broken the law by passing TARP or so we'll find out.

http://www.beachwoodreporter.com/politics/is_tarp_legal.php

I remember this local brainiac telling me that the banks were going to pay back those loans. With interest. "We'll make money!" he said. Well, dude...it's like this. It's like loaning money to a soon to be dead guy. Dead guys don't earn money nor do they pay you back. Of the famous 4 "C"s of lending, the most important "C" is capacity. And broke banks, and dead guys, are fresh out of capacity.

So we lost 2.5 billion on the CIT deal, which more than offsets the 1.5 billion we made in interest from our loans to Goldman Sachs. And Bank of America gets stiffed for 7.5 billion by CIT. Bank of America as you recall, received 45 billion from taxpayers.

And the last snippet, of our Government Nannies, comes via Naked Capitalism and goes like this:

JAMES GALBRAITH: They let all of this run, because they were getting a superficially stronger economy out of it. The ownership society, all that was a scam, basically, designed to lure people who could never afford these mortgages into accepting them. And yes, I think they, any rational person, certainly people in the industry, knew that this was not going to last. There was a little industry code, I’ve learned, IBGYBG. “I’ll be gone. You’ll be gone.”

BILL MOYERS: Really?

JAMES GALBRAITH: Yeah.

BILL MOYERS: The industry being the securities industry?

JAMES GALBRAITH: Well, and the mortgage originators and the bankers, generally.

BILL MOYERS: But that’s criminal fraud.

JAMES GALBRAITH: Oh sure. There was a huge amount of it. The Bush administration did not actively investigate the fraud that they knew, that the FBI knew was occurring, from 2004 onward. And there will have to be full-scale investigation and cleaning up of the residue of that, before you can have, I think, a return of confidence in the financial sector. And that’s a process which needs to get underway.

*sure it will. About the same time they begin playing ice hockey in hell.