There is something that really frosts my ass about the rich and elite. Of course, this includes Warren Buffet and Bill Gates.
After decades of monopolizing computer software, the hallowed Bill Gates is now thinking of giving some of his excess robber baron largesse to charity. And Mr. Buffet, with that giant ego who now thinks of himself as an expert on everything, is thinking of giving away a few of his billions.
http://www.google.com/hostednews/ap/article/ALeqM5gVXN_8nZYKE0TwRPMa9w6pNHrM9A?docId=45130f0fc84547c890fcd16ffb557b5f
People like Buffet and Gates think nothing of gaining every conceivable advantage and exploiting it. Perhaps that is simply opportunity and perhaps I would have done the same thing. I mean, we can't all be billionaires because that would leave no one for us to covet- except trillionaires.
It is the ego that gets to me. The world worships these men, and make no mistake about it- they do. The billionaires, for emotional reasons all of their own, want to give some of us poor down trodden types some of our money back. They want to be remembered as generous and kind. And like old crones in the village, with our hands extended and tears streaming down our face, we are supposed to thank them for their inherent goodness. Like some fucking Oprah Winfrey audience during a laptop- give away.
So about the time you are trying to convince me what great people these folks are, I become a skeptic. I am one of those guys that when told to "do this or else" I buy 20 bucks worth of "or else." Fuck you Warren and Bill. I stayed at Miraval last year in Tucson. You ain't special. You got nothing I want. So go ahead and jump on your planes, call the reporters, let the liberal arts puppets write glowing copy about what great guys you are- so that you pillagers can feel good about yourselves.
Come to think of it- that's what pisses me off. I spent a lifetime helping the poor, giving money away that I didn't have, but mostly giving people my time. I devoted my life to that. I do it now. You bastards devoted your lives to getting rich. And now like some lost souls...
You want to buy some good will because that's what you people do. You buy shit. You don't give, you take. You always have. And now after you have all of the marbles you want to buy mass appeal and appreciation. Maybe your name on university buildings. A statue or two.
Ok, Buffet and Gates. You want to prove to me you are good people? Get your ass down to the local mission. Do laundry for the homeless. Cook meals for the 25 million people out of work. Spend 20 hours a week with crippled children. Volunteer significant amounts of your time- devote your lives to making things better. Have you ever done that? Fuck no, of course not. You pay someone else to do that for you. You lack authentic intent. You see, absent that kind of personal commitment- guys like me are gonna just think guys like you- are a couple of rich pricks trying to buy a bigger ego and a healthy conscience. Sorry, I'm not selling healthy conscience points and I don't give handouts to the wealthy.
But if you are looking for some "or else" I might have a little extra.
Saturday, May 7, 2011
Friday, May 6, 2011
More Winning the Future
Nobody loves Obama like Obama.
The nation's cheerleader and the man who single handedly put an end to Osama's reign of terror, now on television (CNBC) and talking about how we have created 2 million jobs- mostly at McDonald's.
Obama just got pre-empted by breaking news on Greece after making jokes about gas prices and filling up his motorcade. Greece thinking of leaving the euro zone.
Dow immediately tanks 50 points.
Obama had to tactically release that birth certificate of his prior to any nominated opponent making it's non-disclosure an embarrassing campaign issue. Everything is now proceeding on schedule. Osama Bin Laden could never have known that his death would kick off Obama's 2012 re- election campaign.
That's winning the future, Obama style.
The nation's cheerleader and the man who single handedly put an end to Osama's reign of terror, now on television (CNBC) and talking about how we have created 2 million jobs- mostly at McDonald's.
Obama just got pre-empted by breaking news on Greece after making jokes about gas prices and filling up his motorcade. Greece thinking of leaving the euro zone.
Dow immediately tanks 50 points.
Obama had to tactically release that birth certificate of his prior to any nominated opponent making it's non-disclosure an embarrassing campaign issue. Everything is now proceeding on schedule. Osama Bin Laden could never have known that his death would kick off Obama's 2012 re- election campaign.
That's winning the future, Obama style.
Thursday, May 5, 2011
The Big Lie
So good, so prescient, that I think it is the best read that I've had in months. Perfect. From ZeroHedge.
http://www.zerohedge.com/article/mike-krieger-exposes-big-lie
http://www.zerohedge.com/article/mike-krieger-exposes-big-lie
The Last of the Last
The last WWI combat vet. He became a pacifist. Think long and hard about that. Maybe dying for your country ain't all it's cracked up to be.
I would have liked to hear what this guy had to say about that. The last of the last. http://www.washingtonpost.com/world/relative-claude-choules-the-last-combat-veteran-of-world-war-i-has-died-in-australia/2011/05/04/AFxTxfsF_story.html
I would have liked to hear what this guy had to say about that. The last of the last. http://www.washingtonpost.com/world/relative-claude-choules-the-last-combat-veteran-of-world-war-i-has-died-in-australia/2011/05/04/AFxTxfsF_story.html
European Central Bank Now Playing Kickball With the U.S.
This morning, the head of the European Central Bank broadcasted that they are done hiking interest rates on the euro for the short term. That soft move and weak talk has caused our otherwise completely worthless dollar to go straight up against the worthless euro.
Wow. And the market yawns. http://www.zerohedge.com/article/euro-plunges-dovish-trichet-comments
Wow. And the market yawns. http://www.zerohedge.com/article/euro-plunges-dovish-trichet-comments
Obama: Let Me Get As Much Political Mileage As I Can From This Bin Laden Thing
I gotta tell ya, Obama is so predictable. First it's the late night TV appearance, now this. http://www.foxnews.com/politics/2011/05/05/obama-visit-ground-zero-strives-bring-closure-victims/
I don't think Obama gives two shits about anybody but himself and his political future. After the TV appearance the other night, the casual observer might have thought Obama himself- went to the Bin Laden compound and double tapped the Great Satan.
Wow. We got 18 months of this rhetoric and bullshit coming our way. I can hardly wait.
I don't think Obama gives two shits about anybody but himself and his political future. After the TV appearance the other night, the casual observer might have thought Obama himself- went to the Bin Laden compound and double tapped the Great Satan.
Wow. We got 18 months of this rhetoric and bullshit coming our way. I can hardly wait.
Let the Spin Begin!
This morning, I was watching the news when jobless claims came out. I had a feeling that greedy corporations would begin laying people off when they felt the margin pain of inflation and higher energy prices.
Bingo. When the number came out, I was not surprised. Futures tanked a little and bounced back. Zero hedge states it best and succinctly...
And scene: jobless claims explode to 474K, beyond the worst economist expectation, far above consensus of 410K, and well above the previous (upward revised of course) number of 431K. This is the worst claims number since Augist 2010. Game over for the US "recovery."
However, Apple stock is up.
Bingo. When the number came out, I was not surprised. Futures tanked a little and bounced back. Zero hedge states it best and succinctly...
And scene: jobless claims explode to 474K, beyond the worst economist expectation, far above consensus of 410K, and well above the previous (upward revised of course) number of 431K. This is the worst claims number since Augist 2010. Game over for the US "recovery."
However, Apple stock is up.
Wednesday, May 4, 2011
Masters of the Universe Attempting Repeal of the Laws of Physics and Mathematics, Place Your Bets Here
On Monday, April 9th, 2007, the Dow Jones Industrials were roughly at the same level that they are today. (Approx. 12,700) What I would like to do is illustrate and contrast the absolute insanity between that overbought index back in 2007 and the ridiculous and overbought levels that we are seeing today, some four years later.
In April of 2007, I simply couldn't find any stock (although shippers and solars were hot) that I wanted to buy. To actually invest in- rather than trade. In fact, I saw equities as so over priced that they were just begging to be shorted. That's what I began doing. Builders, banks, suspicious little tech companies with no earnings visibility. I traded daily and that included a lot of put options. By July, I had a feeling the market was toast. I was going to be traveling for 2-3 months and I parked all of my money in cash and treasuries. I closed accounts.
In the next 18 months, the financial and economic world would implode. There were people that saw this coming. Leveraged debt and losses were incalculable. It is now known that the FED loaned 9 trillion dollars to banks (in late 2008) during that economic collapse.
I'd like to introduce a law of physics here. It is called the law of conservation of mass. The law implies that mass cannot be created or destroyed, although it may be rearranged in space and changed into different types of particles; and that for any chemical process in a closed system, the mass of the reactants must equal the mass of the products.
Think of mass as debt and know this. What we didn't know in 2007 was the scale of the economic collapse. We didn't know those losses would be socially redistributed. The losses did not magically go away. They were simply shifted from the balance sheets of financial institutions to a 16.3 trillion dollar federal deficit to be distributed among all of us. The debt was simply rearranged and socialized- we cannot do anything about that. Yet, there is a problem. Nobody is actually paying that debt. There are no jobs, there are no taxpayers, and therefore- nobody is paying down that principal. So the interest continues to build. In effect we are in far worse shape now, financially, than we were in 2007.
Nothing has changed...it has simply been rearranged.
One last thing. You must understand this. The United States equity and bond markets are an economic holy grail. Our entire capitalistic way of life is tied to those markets. Those markets have to be preserved at all costs. If those markets fail under any circumstances, quite simply, our American way of life will fail. Everything we have is dependent on those markets not collapsing. Do not under estimate the lengths that our government will go to prevent the implosion of our financial way of life. That includes lying, money printing, inflation, and war if need be.
So here we are 4 years later. There are 44.2 million people on food stamps. We have lost 15 or 20 million jobs that aren't coming back and 20 million workers that won't be paying taxes. Corporate America refuses to re-patriate the one trillion they have sitting in off shore bank accounts. The national debt accumulates at nearly 5 billion dollars a day in interest. Each days' interest is another new 5 billion created out of nowhere- that we are adding and paying interest on. We are out of time. We are in far worse shape financially than we were in 2007 and yet our stock market is at the very same levels we were when we thought we were healthy... in 2007.
How long can this charade continue? I'm not sure. It's already been four years. I am amazed at the resiliency of an American media that simply refuses to tell anything even slightly resembling the truth. Or an American public completely consumed with apathy. This is a brave, new world.
On Monday April 9, 2007, I closed out every long position that I held. Back then I wasn't worried about the dollar collapsing. We did not have a 14.3 trillion dollar debt accruing interest nor had we lost the capacity (jobs) to pay back that enormous debt. We are about to add 2 trillion to that debt ceiling along with some more interest and we still owe all of the liabilities of Fannie, Freddie. Throw in the one trillion in debt due and owing on student loans, Sallie Mae, and we can push that debt figure well beyond 20 trillion- rather easily. Those levels of debt represent 125% of annual GDP in this country.
We were better off in 2007. We might not have known the scope and scale of banking fraud but whether we were aware of it or not- doesn't change the fact that it exists. Our debt levels were far lower, inflation was contained, and we might have had the opportunity to let failed businesses fail.
So let the masters of the universe try to repeal the laws of physics and mathematics. I'm a betting man. I'm betting that they can't.
In April of 2007, I simply couldn't find any stock (although shippers and solars were hot) that I wanted to buy. To actually invest in- rather than trade. In fact, I saw equities as so over priced that they were just begging to be shorted. That's what I began doing. Builders, banks, suspicious little tech companies with no earnings visibility. I traded daily and that included a lot of put options. By July, I had a feeling the market was toast. I was going to be traveling for 2-3 months and I parked all of my money in cash and treasuries. I closed accounts.
In the next 18 months, the financial and economic world would implode. There were people that saw this coming. Leveraged debt and losses were incalculable. It is now known that the FED loaned 9 trillion dollars to banks (in late 2008) during that economic collapse.
I'd like to introduce a law of physics here. It is called the law of conservation of mass. The law implies that mass cannot be created or destroyed, although it may be rearranged in space and changed into different types of particles; and that for any chemical process in a closed system, the mass of the reactants must equal the mass of the products.
Think of mass as debt and know this. What we didn't know in 2007 was the scale of the economic collapse. We didn't know those losses would be socially redistributed. The losses did not magically go away. They were simply shifted from the balance sheets of financial institutions to a 16.3 trillion dollar federal deficit to be distributed among all of us. The debt was simply rearranged and socialized- we cannot do anything about that. Yet, there is a problem. Nobody is actually paying that debt. There are no jobs, there are no taxpayers, and therefore- nobody is paying down that principal. So the interest continues to build. In effect we are in far worse shape now, financially, than we were in 2007.
Nothing has changed...it has simply been rearranged.
One last thing. You must understand this. The United States equity and bond markets are an economic holy grail. Our entire capitalistic way of life is tied to those markets. Those markets have to be preserved at all costs. If those markets fail under any circumstances, quite simply, our American way of life will fail. Everything we have is dependent on those markets not collapsing. Do not under estimate the lengths that our government will go to prevent the implosion of our financial way of life. That includes lying, money printing, inflation, and war if need be.
So here we are 4 years later. There are 44.2 million people on food stamps. We have lost 15 or 20 million jobs that aren't coming back and 20 million workers that won't be paying taxes. Corporate America refuses to re-patriate the one trillion they have sitting in off shore bank accounts. The national debt accumulates at nearly 5 billion dollars a day in interest. Each days' interest is another new 5 billion created out of nowhere- that we are adding and paying interest on. We are out of time. We are in far worse shape financially than we were in 2007 and yet our stock market is at the very same levels we were when we thought we were healthy... in 2007.
How long can this charade continue? I'm not sure. It's already been four years. I am amazed at the resiliency of an American media that simply refuses to tell anything even slightly resembling the truth. Or an American public completely consumed with apathy. This is a brave, new world.
On Monday April 9, 2007, I closed out every long position that I held. Back then I wasn't worried about the dollar collapsing. We did not have a 14.3 trillion dollar debt accruing interest nor had we lost the capacity (jobs) to pay back that enormous debt. We are about to add 2 trillion to that debt ceiling along with some more interest and we still owe all of the liabilities of Fannie, Freddie. Throw in the one trillion in debt due and owing on student loans, Sallie Mae, and we can push that debt figure well beyond 20 trillion- rather easily. Those levels of debt represent 125% of annual GDP in this country.
We were better off in 2007. We might not have known the scope and scale of banking fraud but whether we were aware of it or not- doesn't change the fact that it exists. Our debt levels were far lower, inflation was contained, and we might have had the opportunity to let failed businesses fail.
So let the masters of the universe try to repeal the laws of physics and mathematics. I'm a betting man. I'm betting that they can't.
Buy Physical Silver On the Cheap
I am glad that the silver market is correcting. Really.
Every two bit momentum player and his dog had been long "paper" silver. I am glad to see the weak, "cut and run types" get shaken out of the market. With silver taking a 20% haircut in the last three days, what should you do?
Buy more physical silver. Fundamentally speaking, the economic disaster that the world finds itself in- has not changed one bit. In fact, it has grown worse. After this week, the United States will have eclipsed it's current debt ceiling. That's a fact. Not that anyone gets held accountable. They don't.
Last night, I was reading an article about the end game, hyperinflation. Virtually everyone that I follow, the people who I believe to be most credible, all agree that the end game is hyper inflation. I have no idea who the anonymous author of the FOFOA blog is, but the work is prima facia. In other words, I believe that what the author states is true- no credentialing required. I've linked that blog here, I read it frequently. http://fofoa.blogspot.com/2010/09/just-another-hyperinflation-post.html
I am buying precious metals anytime there is significant weakness. I am buying silver anytime it trades sub 39.00. Eventually the paper market and the real silver market will unhinge...that is to say that one day people will be trading 50 dollar an oz. silver futures while the actual metal is trading for 100 bucks an oz. I believe that day will happen within the next two years.
Every two bit momentum player and his dog had been long "paper" silver. I am glad to see the weak, "cut and run types" get shaken out of the market. With silver taking a 20% haircut in the last three days, what should you do?
Buy more physical silver. Fundamentally speaking, the economic disaster that the world finds itself in- has not changed one bit. In fact, it has grown worse. After this week, the United States will have eclipsed it's current debt ceiling. That's a fact. Not that anyone gets held accountable. They don't.
Last night, I was reading an article about the end game, hyperinflation. Virtually everyone that I follow, the people who I believe to be most credible, all agree that the end game is hyper inflation. I have no idea who the anonymous author of the FOFOA blog is, but the work is prima facia. In other words, I believe that what the author states is true- no credentialing required. I've linked that blog here, I read it frequently. http://fofoa.blogspot.com/2010/09/just-another-hyperinflation-post.html
I am buying precious metals anytime there is significant weakness. I am buying silver anytime it trades sub 39.00. Eventually the paper market and the real silver market will unhinge...that is to say that one day people will be trading 50 dollar an oz. silver futures while the actual metal is trading for 100 bucks an oz. I believe that day will happen within the next two years.
The Geronomo Mission...More Bin Laden Idiocy and American Whiners
Now it seems, the government loves "code" names. It names missions and operations. The mission to find and execute Bin Laden was called "Geronimo." Geronimo, the Indian Chief, was a great leader and fighter.
That the mission was named "Geronimo" has apparently pissed off the Indian community or so this article claims. http://news.yahoo.com/s/ap/us_bin_laden_geronimo
When exactly did our country become a nations of victims? Are we so thin skinned that every time someone uses some "word" we disagree with that we lay awake at night- angry, victimized, hateful?
If you are one of these "sensitive" people....I wish you well. You may spend your lifetime whining and trying to control what other people think and say. You can get angry and correct people. Tell everyone that offends you with some profanity or politically incorrect speech how to talk and behave.
I am sick and tired of extending a sympathetic ear to these self anointed "victims." Really. There are plenty of reasons to hate the government. This is a big deal?? You gotta be kidding me...
That the mission was named "Geronimo" has apparently pissed off the Indian community or so this article claims. http://news.yahoo.com/s/ap/us_bin_laden_geronimo
When exactly did our country become a nations of victims? Are we so thin skinned that every time someone uses some "word" we disagree with that we lay awake at night- angry, victimized, hateful?
If you are one of these "sensitive" people....I wish you well. You may spend your lifetime whining and trying to control what other people think and say. You can get angry and correct people. Tell everyone that offends you with some profanity or politically incorrect speech how to talk and behave.
I am sick and tired of extending a sympathetic ear to these self anointed "victims." Really. There are plenty of reasons to hate the government. This is a big deal?? You gotta be kidding me...
Tuesday, May 3, 2011
Bin Laden Unarmed and Executed?
No kidding. Just like 2974 people on 09/11/2001.
Can you imagine the circus if OBL had been taken alive?
I am sure that Allah is now rewarding Osama for being a murdering sociopath. I am glad that we could arrange the meeting.
Can you imagine the circus if OBL had been taken alive?
I am sure that Allah is now rewarding Osama for being a murdering sociopath. I am glad that we could arrange the meeting.
The Government Lying To Us? No Way!
Now it's time for all of the fucking White House spin.
Every man, woman, and child in the free world with half a brain...knows that we found Bin Laden and assassinated him. There was never going to be a "trial." That simple. All of this bullshit about the circumstances surrounding his death is just bullshit. Just like that buried at sea bullshit. Probably put his body in a wood chipper.
For added amusement. http://www.zerohedge.com/article/white-house-changes-story-how-bin-laden-was-taken-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Every man, woman, and child in the free world with half a brain...knows that we found Bin Laden and assassinated him. There was never going to be a "trial." That simple. All of this bullshit about the circumstances surrounding his death is just bullshit. Just like that buried at sea bullshit. Probably put his body in a wood chipper.
For added amusement. http://www.zerohedge.com/article/white-house-changes-story-how-bin-laden-was-taken-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Monday, May 2, 2011
Hold the Line Silverbugs! *Updated
Silver has taken a carnival ride over the weekend. At it's worst point, it was down nearly 15% at 43.00 bucks.
I am not too worried about it. Fundamentally, nothing in the economic world has changed. The exchange raised margin requirements twice last week- forcing paper silver players to prove they have the cash to take delivery and that has shaken out some longs. That and we were due for a correction. I am glad people have taken some profits here.
Do you know what a high, tight flag is?
It is a rare chart phenomenon that I used to look for when trying to screen equities I would invest in- years ago. A high tight flag on a chart, with significant volume, indicated a stock that was about to take off. This pattern was nearly foolproof. In fact, I sometimes traded on a vertical run up and flag pattern alone. The high tight flag usually occurred in conjunction with specific (good) news. It was almost always a winning move. Usually.
I saw that pattern develop in silver over the past few weeks. It was interesting to note and I am somewhat reluctant to apply equity charting to PM charting. Particularly in the short term. However, I am still very confident. Very bullish. I will buy physical on weakness- sorry I missed the sub 45 sale over the weekend.
* Update, 330 PM MST. A 10% trashing in paper silver. Glad I'm in physical....
The CME hiked margin for the third time in three days and is doing anything it can on behalf of the criminal bankers that have shorted silver. If they are going to do that shit to the long traders then we should have position limits for the short side. Fucking crooks. More here. http://www.zerohedge.com/article/and-scene-cme-hikes-silver-margin-third-time-7-days-raises-initial-maintenance-margins-12
I am not too worried about it. Fundamentally, nothing in the economic world has changed. The exchange raised margin requirements twice last week- forcing paper silver players to prove they have the cash to take delivery and that has shaken out some longs. That and we were due for a correction. I am glad people have taken some profits here.
Do you know what a high, tight flag is?
It is a rare chart phenomenon that I used to look for when trying to screen equities I would invest in- years ago. A high tight flag on a chart, with significant volume, indicated a stock that was about to take off. This pattern was nearly foolproof. In fact, I sometimes traded on a vertical run up and flag pattern alone. The high tight flag usually occurred in conjunction with specific (good) news. It was almost always a winning move. Usually.
I saw that pattern develop in silver over the past few weeks. It was interesting to note and I am somewhat reluctant to apply equity charting to PM charting. Particularly in the short term. However, I am still very confident. Very bullish. I will buy physical on weakness- sorry I missed the sub 45 sale over the weekend.
* Update, 330 PM MST. A 10% trashing in paper silver. Glad I'm in physical....
The CME hiked margin for the third time in three days and is doing anything it can on behalf of the criminal bankers that have shorted silver. If they are going to do that shit to the long traders then we should have position limits for the short side. Fucking crooks. More here. http://www.zerohedge.com/article/and-scene-cme-hikes-silver-margin-third-time-7-days-raises-initial-maintenance-margins-12
Bin Laden Buried At Sea??...Why That Actually Makes Sense To Me
The government. Like Richard Nixon, they never let me down.
With missing documents, like birth certificates and college transcripts, a FED Chairman telling bold lies like "we won't monetize the debt" and all of the other bullshit that government spews- you'd think that the government would take any opportunity that came their way to repair damaged credibility.
Nope. We killed Bin Laden and in less than 24 hours, we jettisoned his body into the sea.
http://www.guardian.co.uk/world/2011/may/02/bin-laden-body-buried-sea
Unbelievable. Let's take the actual proof that we killed the world's greatest BOOGIE MAN and destroy it immediately. That was my first reaction and then...I thought...hmmm....
Here's why the government might actually be telling the truth about disposing of Bin Laden's body so quickly. Bin Laden will be seen as a hero and martyr by the Al Qaeda faithful. Destroying and jettisoning his body at sea makes a lot of sense. There will be no eternal flames, no graves to visit, no shrine or memorial for the Bin Laden faithful to visit and pray over.
Bin Laden has been erased. In as much as that is possible.
Can we be sure that Bin Laden was jettisoned into the sea? No. But that just happens to be one government lie that I might be able to live with.
With missing documents, like birth certificates and college transcripts, a FED Chairman telling bold lies like "we won't monetize the debt" and all of the other bullshit that government spews- you'd think that the government would take any opportunity that came their way to repair damaged credibility.
Nope. We killed Bin Laden and in less than 24 hours, we jettisoned his body into the sea.
http://www.guardian.co.uk/world/2011/may/02/bin-laden-body-buried-sea
Unbelievable. Let's take the actual proof that we killed the world's greatest BOOGIE MAN and destroy it immediately. That was my first reaction and then...I thought...hmmm....
Here's why the government might actually be telling the truth about disposing of Bin Laden's body so quickly. Bin Laden will be seen as a hero and martyr by the Al Qaeda faithful. Destroying and jettisoning his body at sea makes a lot of sense. There will be no eternal flames, no graves to visit, no shrine or memorial for the Bin Laden faithful to visit and pray over.
Bin Laden has been erased. In as much as that is possible.
Can we be sure that Bin Laden was jettisoned into the sea? No. But that just happens to be one government lie that I might be able to live with.
Sunday, May 1, 2011
Strictly Fantasy
I get these "how to fix Congress" emails quite frequently because people know I agree with the position. The problem is- is that compromised legislators don't want want to fix these problems. They like the system just the way it is.
They don't give a fuck about what you want.
Do you know why the tax code is such an abomination? Because it benefits the wealthy and elite. Congressmen. They want it that way. They aren't going to change it. Do you know why we can't get campaign reform...limiting the size of contributions or the contributors? Because Congress wants it just the way it is. This is no longer a government by the people or for the people. Get that idea out of your head.
I am going to go ahead and copy this email and post it. Of course it makes sense and I agree. But I'm not in charge. And the people that are in charge- will just give you the bird. That's why I consider emails like this- strictly fantasy.
Congressional Reform Act of 2011
1. Term Limits.
12 years only, one of the possible options below:
A. Two Six-year Senate terms
B. Six Two-year House terms
C. One Six-year Senate term and three Two-Year House terms
2. No Tenure / No Pension.
A Congressman collects a salary while in office and receives no pay when
they are out of office.
3. Congress (past, present & future) participates in Social Security. All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system and Congress participates with the rest of the American people.
4. Congress can purchase their own retirement plan, just as all Americans do.
5. Congress will no longer vote themselves pay raises. Congressional pay will rise by the lower of CPI or 3%.
6. Congress loses their current health care system and participates in the same health care system as the rest of the American people.
7. Congress must equally abide by all laws they impose on the American people.
8. All contracts with past and present Congressmen are void effective 1/1/2012.
The American people did not make this contract with Congressmen.
Congressmen made all these contracts for themselves. Serving in Congress is
an honor, not a career.
The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and go back to work.
If each person contacts a minimum of twenty people then it will only take three days for most people (in the U.S.) to receive the message. Maybe it is time we take back our country.
They don't give a fuck about what you want.
Do you know why the tax code is such an abomination? Because it benefits the wealthy and elite. Congressmen. They want it that way. They aren't going to change it. Do you know why we can't get campaign reform...limiting the size of contributions or the contributors? Because Congress wants it just the way it is. This is no longer a government by the people or for the people. Get that idea out of your head.
I am going to go ahead and copy this email and post it. Of course it makes sense and I agree. But I'm not in charge. And the people that are in charge- will just give you the bird. That's why I consider emails like this- strictly fantasy.
Congressional Reform Act of 2011
1. Term Limits.
12 years only, one of the possible options below:
A. Two Six-year Senate terms
B. Six Two-year House terms
C. One Six-year Senate term and three Two-Year House terms
2. No Tenure / No Pension.
A Congressman collects a salary while in office and receives no pay when
they are out of office.
3. Congress (past, present & future) participates in Social Security. All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system and Congress participates with the rest of the American people.
4. Congress can purchase their own retirement plan, just as all Americans do.
5. Congress will no longer vote themselves pay raises. Congressional pay will rise by the lower of CPI or 3%.
6. Congress loses their current health care system and participates in the same health care system as the rest of the American people.
7. Congress must equally abide by all laws they impose on the American people.
8. All contracts with past and present Congressmen are void effective 1/1/2012.
The American people did not make this contract with Congressmen.
Congressmen made all these contracts for themselves. Serving in Congress is
an honor, not a career.
The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and go back to work.
If each person contacts a minimum of twenty people then it will only take three days for most people (in the U.S.) to receive the message. Maybe it is time we take back our country.
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