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Showing posts from April 17, 2011

We The People

I am very careful to compartmentalize my government and political views from my personal life. In other words, I rarely allow them to mix. When I began this blog a few years ago, I very nearly named it "We the People" and maybe I should have. What I never considered calling it was "We the Republicans", or "We the Democrats." I didn't consider calling it "We the Conservatives" or "We the Liberals."  Why? These labels are the reasons we fight and argue. Those labels are no longer useful. In fact, no brand or flavor of politics should ever be allowed to trump common sense. The Constitution starts with the ultimate definition of power and common sense. It says... "We the people" We the people are supposed to be in control. Not democrats, not republicans. Not Bush, not Obama, and certainly not the Federal Reserve. We let these usurpers take our inherent power. They used partisan politics to distract us and now they thin

Hunk of Burnin' Love

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Thinking I should put this photo of me on the profile page. Maybe one of those dating sites. Or on the bulletin board at Wal Mart.

We're the Government- We View the Law As a Suggestion When We Are Concerned

Here's the problem in a nut shell. The treasury has to auction off 99 billion dollars in debt next week. That amount of debt will take us 4 billion dollars beyond the legal debt ceiling. Who forces the government to adhere to it's own rules, laws, or debt ceilings? Nobody, of course. ZeroHedge showcasing the math. http://www.zerohedge.com/article/treasury-hopes-auction-99-billion-bonds-next-week-can-it

As I Lay Dying on Good Thursday

I got some nasty bug on Monday. I've been sick as hell all week. The good news is that retired guys don't have to call in sick. Every morning, I get up and turn CNBC on so that I can hear the latest glass "half full" spin from the media and our politboro. So today I was not shocked to see that Komrade Obama tried to suppress the Standard and Poor's report and downgrade of our 14.3 trillion debt last week. That is the same modus operandi he uses when he is asked for birth certificates, school transcripts, or passports. I turn on CNBC to see the price of gold and silver. You see gold and silver prices reflect the worldwide village. One big collective voice that says "fuck you" to central bankers, fiat currency, a world that has been monopolized by central bankers, the dollar, lies, and inflation. Say what you will about China's government, but they encourage their citizens to buy gold and silver. So I am not shocked to see gold and silver making

Obama's "Job Czar" Is So Wrong On So Many Levels

The other day, I was looking at appliances at Home Despot. I damn sure won't buy any with the GE label on them. I am no fan of GE. Like every other greedy corporation- they threw American workers out with the bathwater. GE still owns a huge piece of NBC and CNBC. And I am truly sick of listening to those bastards putting lipstick on this pig of an economy and waxing poetic. I turn CNBC on to see daily trading information. I ignore every piece of commentary. I think Mark Haines and Steve Liesman are two of the biggest idiots on TV. That Obama would select GE CEO Immelt as his jobs czar is interesting. That Immelt promised to buy government owned GM Volts for GE is fascinating. Mr. Obama essentially bought a network of his own with that single czar appointment. Cleverly done just before the campaign grind. This while GE is outsourcing American jobs. What a ridiculous contradiction. Obama's decision has a lot more to do with buying campaign support than it does with creating A

The Great Mechanical Satan

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The "Atlas Shrugged" Review* Updated

I have been looking forward to the "Atlas Shrugged" movie. It has only been out about 5 days and if you haven't seen it yet- I thought I'd render a Frankenstein Government review of the film. I saw a matinee version (Tues) and there were about 30 people present. Only one young couple. That's too bad. I am going to review it here and make the assumption that you might not have read the book.  The movie is a little confusing in the beginning but sorts itself out within the first 1/2 hr. Character development is slightly better than average. It is slow. This is not a movie for children or anyone else prone to ADD or ADHD. This is an educational movie. It is about business, politics, and a government completely mired in collectivism, mediocrity, and regulation. Precisely where we are now. It takes awhile for the themes in this film to materialize, but they do. In fact, I had fantasies about chaining the President to a seat and forcing him to watch this- but like m

Another Good Hitler Parody

This time it's silver. Pretty good. I shamelessly swiped it from "Along the Watchtower." http://youtu.be/1UtuX-T8bgw

President DoubleSpeak Now Saying Nation's Debt is a Problem?

Ok let me get this straight. This is the fucking guy who hands out money, healthplans, and banker get out of jail free cards. The same guy who extended the Bush tax cuts for the rich and elite and fought tooth and nail against Republican measures to cut a paltry 61 billion from the budget? He has ignored the greatest economic Fraud/Crisis EVER for three years and now on the eve of re-election... he is talking about the nations's debt? Let me steal a line from KLane, Wirecutter. Fuck you Obama. http://news.yahoo.com/s/ap/us_obama

Chevy Volt at 45k, Costs Slightly More Than Kindling

On April 15th, I read an online story about a Chevy Volt suspected of causing a house fire. Almost immediately, GM has done everything to spin the story the other way. The following link is GM's take on the fire. Can you imagine what might happen if a few more Volts under go spontaneous combustion?  GM will say that for some odd reason, only people with poorly constructed houses seem to be buying the Volt. Weird. Strange. http://www.chevroletvoltage.com/index.php/Volt/let-the-experts-do-their-work.html

Great American Tax Cheats Broadcast Program on Tax Cheats

A couple of weeks ago, I saw the first previews for CNBC's program on "American Tax Cheats."  http://www.cnbc.com/id/42192642/?__source=vty|taxcheat|&par=vty CNBC, or the "stock channel" as my ex-wife used to call it- is owned by Comcast (51%) and GE (49%). For the record, GE once again paid nothing in taxes on the 5 billion they made last year and in fact- obtained a tax credit for a few billion more. http://news.yahoo.com/s/yblog_thelookout/20110325/ts_yblog_thelookout/g-e-paid-no-taxes-on-5-1-billion-in-profits Comcast as it turns out- paid 2.4 billion in taxes on gross revenues of 38 billion for 2010. That's a pretty nice bracket. I'll take the 8% tax bracket anytime. http://finapps.forbes.com/finapps/jsp/finance/compinfo/IncomeStatement.jsp?tkr=CMCSA That's how crony capitalism works in America. Corporate America has convinced our Kleptocracy to pass IRS rules and regulations that allow corporations to escape paying taxes. Corporations

If You Want To Know the Economic Truth About America, You Must Read Things That Are Not American

Right after Standard and Poor's issued the debt downgrade on the U.S. today...spin and damage control went on high alert. Moody's immediately was contacted and they gave a status quo- all is well report. Of course. I note that PIMCO's Bill Gross just coincidentally, liquidated all of the US Treasury Debt  in his bond fund just one month ago.  Shortly after the debt downgrade- I was watching the non tax paying GE subsidiary CNBC. On Fast Money they had some troll stating all is well...and then he said, "Who died and made Standard and Poor's- God?" Apparently- the troll's opinion is the only one that matters. I've known about United States' debt quality for months. How? I follow Dagong. They are a Chinese debt rating agency that is not co-opted by American greed and politics. If you want to know how bad our credit quality is...read this link. http://dailyreckoning.com/dagong-us-solvency-on-the-brink-of-collapse/ More here from ZeroHedge  http

United States Debt Situation Finally Gets "Officially" Recognized by Standard and Poor's

With lightning speed, the rating agency- Standard and Poor's- has downgraded the United States debt situation. http://money.cnn.com/2011/04/18/news/economy/us_credit_rating_outlook_lowered/index.htm This situation has existed for the last 3 years ever since corrupt and criminal bankers managed to extort a few trillion from the American taxpayer. Now that bill is due. This is the first actual financial shock wave of the year and still may not jolt this country into the appropriate awareness of just how bad our economic/debt situation is. It is fucking horrible.  http://www.usdebtclock.org/ However, I have good news. As an individual, you still have time to open a margin account and short the shit out of American equity markets. Because sooner or later, someone has to pay that ginormous bill. That means higher taxes or bankruptcy/default- either way- corporate profits have to suffer. Collapsing equity markets most likely will occur before the 600-800 billion dollar POMO FED co