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 most collectivists- it would do no good.
The name John Galt is introduced several times in the movie with an air of mystery. I found those introductions a bit over dramatic but tolerable. For the uninitiated..http://en.wikipedia.org/wiki/John_Galt
I am one of those guys that doesn't really give a shit about critics and movie reviews. I knew I was going to go see this movie no matter what anyone had to say about it. I have just finished reading a slate of hateful reviews and it is completely predictable to see lefties and statists panning this flick. People simply cannot give objective views anymore with out inserting their personal spin.
All in all, I'd give the movie a B...maybe a B- if I was going to compare the movie against the book. Not bad. The acting is decent, not spectacular. Go see this movie if you'd like to learn something and remember this "script" was written 60 years ago. Ayn Rand is not exactly Nostradamus- she is far more accurate in her predictions. I am not sure when Part II is slated- but I'll be waiting for it.
Tuesday, April 19, 2011
Another Good Hitler Parody
This time it's silver. Pretty good. I shamelessly swiped it from "Along the Watchtower."
http://youtu.be/1UtuX-T8bgw
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
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
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 use cheap foreign labor and raw goods and then hold foreign earnings- currently beyond 1 trillion- offshore to avoid paying taxes. That's how the elite work.
So what could be better than watching a show about tax cheats put on by two of the greatest corporate tax cheats in America?
Here's the big finish. I used to get worked up at TV programs like that. I am a retired cop. I am supposed to not not like tax cheats and criminals. But then you have to ask, just who are the criminals? Just because corporate America can write 6 figure campaign contribution checks to politicians- should corporations be allowed to buy sympathetic politicians, laws, and regulations? And because they can and do- does that make their "legal" cheating any more morally correct than some guy without bribe money or access- a guy who cheats not because he wants to- but because he has to?
I don't think so. We are talking about semantics. Our government threw it's powerless individuals and citizens out with the bathwater long ago. Individuals are easy to target, prosecute, vilify, and label. And you can damn sure bet you'll get a bunch of sympathetic and honest taxpayers that are pissed about having to pay their share while their neighbors cheat. So why don't those honest taxpayers get pissed at Congress for letting GE skate on 1 billion dollars in taxes last year? Because our Kleptocratic Government and Corporate America have all of the power. They are untouchable and a typical US taxpayer can't even relate to those monstrosities and their armies of accountants and lawyers in any kind of meaningful way. But Americans can get pissed at folks like Wesley Snipes, movie star. That bastard doesn't pay. He deserves to go to prison. The government has to make an example out of people like Snipes or pretty soon- everyone will quit paying taxes and head for the exits.
They are using you. They are distracting you with cases like Snipes' while billions of dollars escape out the corporate back door and find their way into campaign contributions.
Truth is, I could care less whether some poor working stiff cheats or not. They are just trying to make ends meet. Am I supposed to get all lathered up because the working class in this country are forced to barter, trade labor, and pay cash to avoid the government bite? Am I supposed to be pissed at my roofer friend who works for cash because he can't hire employees anymore, pay small business taxes, or buy compulsory workman's comp insurance?
Sorry. I know who the enemy is. It's not your neighbors and it's not Wesley Snipes. It's not even Tim Geithner. It's a giant Kleptocracy that has raped the working class for the sake of it's elite cronies and campaign check writers. It's Corporate America who sends TV programs out through mass media about small time tax cheats so that it can focus anger on individuals rather than risk self examination about how they were able to bribe a system of morally corrupt law makers. It's about Too Big To Fail Banks who are allowed to literally steal trillions of dollars and transfer the losses to taxpayers.
Trillions stolen. And you have the balls to call individual Americans tax cheats? That's some really rich shit.
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 use cheap foreign labor and raw goods and then hold foreign earnings- currently beyond 1 trillion- offshore to avoid paying taxes. That's how the elite work.
So what could be better than watching a show about tax cheats put on by two of the greatest corporate tax cheats in America?
Here's the big finish. I used to get worked up at TV programs like that. I am a retired cop. I am supposed to not not like tax cheats and criminals. But then you have to ask, just who are the criminals? Just because corporate America can write 6 figure campaign contribution checks to politicians- should corporations be allowed to buy sympathetic politicians, laws, and regulations? And because they can and do- does that make their "legal" cheating any more morally correct than some guy without bribe money or access- a guy who cheats not because he wants to- but because he has to?
I don't think so. We are talking about semantics. Our government threw it's powerless individuals and citizens out with the bathwater long ago. Individuals are easy to target, prosecute, vilify, and label. And you can damn sure bet you'll get a bunch of sympathetic and honest taxpayers that are pissed about having to pay their share while their neighbors cheat. So why don't those honest taxpayers get pissed at Congress for letting GE skate on 1 billion dollars in taxes last year? Because our Kleptocratic Government and Corporate America have all of the power. They are untouchable and a typical US taxpayer can't even relate to those monstrosities and their armies of accountants and lawyers in any kind of meaningful way. But Americans can get pissed at folks like Wesley Snipes, movie star. That bastard doesn't pay. He deserves to go to prison. The government has to make an example out of people like Snipes or pretty soon- everyone will quit paying taxes and head for the exits.
They are using you. They are distracting you with cases like Snipes' while billions of dollars escape out the corporate back door and find their way into campaign contributions.
Truth is, I could care less whether some poor working stiff cheats or not. They are just trying to make ends meet. Am I supposed to get all lathered up because the working class in this country are forced to barter, trade labor, and pay cash to avoid the government bite? Am I supposed to be pissed at my roofer friend who works for cash because he can't hire employees anymore, pay small business taxes, or buy compulsory workman's comp insurance?
Sorry. I know who the enemy is. It's not your neighbors and it's not Wesley Snipes. It's not even Tim Geithner. It's a giant Kleptocracy that has raped the working class for the sake of it's elite cronies and campaign check writers. It's Corporate America who sends TV programs out through mass media about small time tax cheats so that it can focus anger on individuals rather than risk self examination about how they were able to bribe a system of morally corrupt law makers. It's about Too Big To Fail Banks who are allowed to literally steal trillions of dollars and transfer the losses to taxpayers.
Trillions stolen. And you have the balls to call individual Americans tax cheats? That's some really rich shit.
Monday, April 18, 2011
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://www.zerohedge.com/article/guest-post-worst-advice-i%E2%80%99ve-seen-years
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://www.zerohedge.com/article/guest-post-worst-advice-i%E2%80%99ve-seen-years
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 counterfeiting scheme grinds to a close in June. The smart money knows this- they will be looking to unload over priced equities onto unsuspecting investors. Do not feel one ounce of guilt shorting American markets or profiting from "make believe financial recoveries." We did not create this situation. Your FED did. Now even Standard and Poor's is recognizing it.
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 counterfeiting scheme grinds to a close in June. The smart money knows this- they will be looking to unload over priced equities onto unsuspecting investors. Do not feel one ounce of guilt shorting American markets or profiting from "make believe financial recoveries." We did not create this situation. Your FED did. Now even Standard and Poor's is recognizing it.
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