Showing posts from November 9, 2014

Second World America- The Sunday Collage

(This was last week's piece. I didn't like it but I have posted it today in a Frankenstein Government two for one sale!) I've had a pretty interesting week which ended with last week's giant, Friday stock market rally brought on by Japan's announcement that they were going to further debase their currency and buy one half a trillion worth of American equities. More or less. So the bankers decided to front run those eventual purchases by the Japanese- by buying on Friday. The QE shit show that never ends. I read a snarky Forbes piece about what a great deal Obamacare is this morning. It sure is- as long as you are subsidized by taxpayers. Unsubsidized people like myself are faced with 8000 dollars worth of annual insurance costs which approximate my mortgage or about 17% of my after tax income. (500 x12 mo with a 2k deductible) On to the topic du jour. When I was a child and later a young man, there was a sense of optimism in our lives. I knew and my friends