Thursday, June 30, 2011

Making money, of course......

Walmart gives it's customers what they want. They hire people at a set wage that the new hires agree to accept. They promote people on merit. Any woman who wanted a promotion had to earn it. Unfortunately for too many people, they couldn't measure up so they sue. By suing and winning they get a few bucks and the lawyers get millions. You and I pay for it in higher prices, lower stock values, and smaller bonuses for the rest of employees.

Now we know the real crime!

P.s a woman I know who used worked for Walmart joined a class action suit and won. She received a check for 25$.

 No, really. 25$ !

What Is Walmart's Crime? - William L. Anderson - Mises Daily
The Supreme Court's recent Walmart decision has stirred a hornet's nest at the New York Times. Indeed, what else can one expect from that paper but the belief that it would be a very good thing for lawyers and the government to loot one of the country's most successful businesses?

Yet, as I read an attack op-ed written by Nelson Lichtenstein, a professor of history at the University of California, Santa Barbara, I have to ask myself just what crime the NYT believes Walmart committed in the first place?

The charge was discrimination against women, and when feminists, racialists, and environmentalists make any charge against an American business, the NYT never fails to take their side in knee-jerk fashion. In fact, as the newspaper's editorial laments, the alleged actual damages to individuals were pretty small (maybe about $1,000), but claiming that all women who worked (or had worked) at Walmart after a certain year were victims of discrimination turned this whole thing into a multi-billion-dollar payout.

(Not surprisingly, the NYT's favorite class of lawyers, the plaintiffs' bar, would have had a small group of individuals receive hundreds of millions of dollars apiece while the women they represented wouldn't have got much at all. This is the NYT's version of "justice.")


Wednesday, June 29, 2011

And Blago proves it.....

Nothing changes in human nature. Power and corruption go hand in hand with big money, fast women and fame.

Add government muscle and look out!

I'm just surprised he was prosecuted. I guess embarrassing the Oba mama ain't cool!


'Government Is Just Another Criminal Gang' « LewRockwell.com Blog
Posted by Thomas DiLorenzo on June 27, 2011 07:23 PM

The Illinois Democratic Party is doing its best to prove this Rothbardian statement correct. The last two governors of Illinois are now convicted felons who are in prison. The Chicago Democratic Party political machine has long been regarded as the most corrupt political organization in America. They consider ACORN to be their "moral compass." Former Chairman of the House Ways and Means Committee, Danny Rostenkowski of Chicago, spent years in prison for theft, among other crimes. And of course all of these exact same people — Illinois Democrats — are now totally in control of the executive branch of the federal government. The worst DO rise to the top in government, as F.A. Hayek wrote in is classic book, The Road to Serfdom. Government is essentially organized theft, and the most proficient thieves, frauds, and liars naturally rise to the top. It's what an old friend called the "septic tank theory of government": The big chunks float to the top.
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Tuesday, June 28, 2011

Depend on the government leaders.....

There will be no cuts!

We will see only a slowing in the borrowing as it will prevent  the economy from disappearing. Soon as the Chinese come back into the market and buy us out of this political mess, and they will,  you have to wonder what it will cost us.

 Probably our empire. But not until the next big bust cleans out all the scum in Washington, right?

We have to remember that our government has been running deficits for 60-70 years and can do so for much longer because all world's economies depend on us to buy more of their shit then they buy of ours.

Besides, deficits are a political problem!

 Somebody has to lose and it ain't going to be pretty. And after the next bust, there will be more people bitching about deficits but still unable or refusing to vote for solving these deficits!

P.s we will always have deficits because that's how politicians can appease their constituencies and stay in power. (referred to as compromise and deal making in Washington.) Don't worry, our grandchildren will be bitching about deficits long after we are gone!

Gonzalo Lira: “Dream A Little Dream”: How Long Would It Take To Pay Off The U.S. Federal Government Debt?
How much would they have to cut, in order to pay off the national debt? And how long would it take, to retire that national debt in its entirety?

Well, in order to figure this out, first they’d have to get honest about exactly how much is the U.S. Federal government’s debt. (Honesty is a perverse side-effect of the Responsibility Bug and the Austerity Virus. Scientists are working feverishly to try to stop this honesty stuff.)

Total outstanding Treasury debt is $9.7 trillion—but that’s not the entire Federal government debt. To those $9.7 trillion, you have to add another $4.6 trillion, which corresponds to “intragovernmental holdings”—basically IOU’s or markers the Federal government has put in the famed “Social Security lockbox”.

Thus the total Federal government debt: $14.35 trillion.

That’s the number the Congress and President of our dreams has to close: $14.35 trillion. Or to be more precise: $14,344,491,791,132.71.

The current deficit is $1.65 trillion per year—but that bald number doesn’t help up much.

A better factoid would be knowing, How much revenue does the U.S. Federal government bring in per year, via taxes, fees and so on?

That would be $2.173 trillion, according to the OMB.

So let’s imagine that the Capitol Hill and the White House of our dreams agree to immediately cut all deficit-expenditures—that is, cut $1.65 trillion right off the top—and then they also agree to pay down the national debt on an “accelerated” schedule: Let’s say they set aside a third of all Federal revenue to pay down the Federal government debt. In other words, for every $3 of revenue the Federal government brings in, $2 will be for government services and operations, and another $1 will be for paying down the debt.

A third of $2.173 trillion is $724 billion.

So they start paying off the Federal government debt at this pace: $724 billion a year—a TARP per year. The Federal government “makes do” with just the two-thirds of its revenue, $1.45 trillion.


Monday, June 27, 2011

O.K.....We didn't need the jobs anyways.....

You can't make this shit up! And people wondered why I voted for pat Buchanan back in the '80's. You can't send your jobs overseas and expect to have a healthy economy.

This called 'hollowing out" and some of us told you so. By the way, how much money went into "campaign contributions" for this little plan, hmm?

 We are so fucked!

Bridge Comes to San Francisco, With Made-in-China Label - NYTimes.com
At a sprawling manufacturing complex here, hundreds of Chinese laborers are now completing work on the San Francisco-Oakland Bay Bridge.

Next month, the last four of more than two dozen giant steel modules — each with a roadbed segment about half the size of a football field — will be loaded onto a huge ship and transported 6,500 miles to Oakland. There, they will be assembled to fit into the eastern span of the new Bay Bridge.

The project is part of China’s continual move up the global economic value chain — from cheap toys to Apple iPads to commercial jetliners — as it aims to become the world’s civil engineer.


Sunday, June 26, 2011

Manipulating elections is the norm.....

Nothing new in voter registration as dead people have voted every where there's elections. Of course, now days all you have to do is control the electronic programming and give one candidate the "benefit if doubt."

Soros and liberal groups seeking top election posts in battleground states - Washington Times
A small tax-exempt political group with ties to wealthy liberals like billionaire financier George Soros has quietly helped elect 11 reform-minded progressive Democrats as secretaries of state to oversee the election process in battleground states and keep Republican “political operatives from deciding who can vote and how those votes are counted.”

Known as the Secretary of State Project (SOSP), the organization was formed by liberal activists in 2006 to put Democrats in charge of state election offices, where key decisions often are made in close races on which ballots are counted and which are not.

The group’s website said it wants to stop Republicans from “manipulating” election results.

“Any serious commitment to wresting control of the country from the Republican Party must include removing their political operatives from deciding who can vote and whose votes will count,” the group said on its website, accusing some Republican secretaries of state of making “partisan decisions.”

SOSP has sought donations by describing the contributions as a “modest political investment” to elect “clean candidates” to the secretary of state posts.

Named after Section 527 of the Internal Revenue Code, so-called 527 political groups — such as SOSP — have no upper limit on contributions and no restrictions on who may contribute in seeking to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office. They generally are not regulated by the Federal Election Commission (FEC), creating a soft-money loophole


Saturday, June 25, 2011

What an exercise in futility!.....

These clowns in Congress aren't serious. If you authorise the funds you are agreeing to the preposition that Oba mama can make war any time any place he wants.

Good thing he's not Bush, though! LOL.

House rebukes Obama on Libya, but lets funding continue - Washington Times
The House defeated two competing measures Friday that would have given President Obama differing levels of authority to continue the war in Libya, signaling a majority want to limit the president but that there is no consensus yet on how to do it.

Taken together, nearly 300 lawmakers voted against fully backing Mr. Obama — a devastating rejection of the president at a time when he has deployed troops overseas.

Yet those lawmakers were split between authorizing a limited support mission and wanting no involvement whatsoever, that division meant the House was unable to agree — essentially leaving Mr. Obama with a free hand to continue to fight the war as he wants.

“Congress today voted overwhelmingly against authorizing the war,” said Rep. Dennis J. Kucinich, an Ohio Democrat who has led anti-war forces in the House.



Friday, June 24, 2011

More lies......

We aint leaving. Just bringing troop levels back to 2009. Remember there's no money or votes in making peace!

Oh yea, Oba mama promised to bring troops home as soon as he was elected, remember?

Or was that re-elected?

Don’t Believe The Hype: Obama’s Af-Pak Troop Withdrawal Is A Propaganda Stunt | AmpedStatus
It is a positive development that the Obama Administration is withdrawing some troops from Afghanistan. However, Obama’s announcement of troop reductions is primarily a propaganda stunt. It is another perfect example of how the Obama Administration and the mainstream media manipulates public opinion and deceives the American public.

Headlines throughout the media are declaring: “Obama Announces Troop Withdrawal from Afghanistan” and “Obama to announce return of 30,000 troops from Afghanistan by end of next year.” All of this is designed to give you the impression that Obama is going to end the war, and give his re-election campaign a boast as well. As CBS News reported:

“President Obama’s ‘surge’ of 30,000 troops to Afghanistan announced in late 2009 was meant to be temporary, and Wednesday night the president is expected to announce that they will return home by around the time voters head to the polls to determine whether he gets another term.


Thursday, June 23, 2011

These nuts insist on helping Russia.....

Russia jails these morons and pays no attention to anyone getting in the way of their oil supplies. After all, oil is life in the modern economy. Even peacenik Obama is murdering anyone who fucks with our oil.

And it's all our oil!

Why else are we still, after 9+ years, killing anything that moves in Afghanistan?

Environmentalists push to keep U.S., others from oil drilling in Arctic - Washington Times
DUBLIN — Environmentalists are toiling to stop a modern-day gold rush at the top of the world, as the U.S. and four other countries scramble to stake claims to potentially vast oil riches under the frozen waters of the Arctic Ocean.

Environmental activists such as Greenpeace are opposed to any resource extraction in the region.

“Greenpeace has been protesting on all Arctic ice drillings since 2000,” said Truls Gulowsen, program director of Greenpeace Nordic. “We believe it’s high time to put some bars on the industry’s push into the area. It’s too vulnerable, and there is no way to clean an oil spill out of ice.”

The U.S. Geological Survey (USGS) estimates that the Arctic region contains 90 billion barrels of oil, representing about 13 percent of the undiscovered petroleum in the world. The region could yield about $8.3 trillion in oil revenue at today’s prices.

Some oil experts say the oil fields off the Arctic coasts of the United States, Canada, Norway, Russia and Greenland, which is part of Denmark, could be more than double the USGS estimate.


Wednesday, June 22, 2011

Solving the debt crisis is easy for the Libs.....

Just take more from the guys who earn it and spend it on their favourite projects saving the world from greedy citizens. After all, that way we all belong to the state and we keep the liberals in charge!

Zakaria: What Greece teaches the U.S. – Global Public Square - CNN.com Blogs
The situation in Greece highlights for me how different America’s economic crisis is from Europe’s economic crisis.

America’s economic crisis is one that is actually economically soluble but politically very difficult to solve.

If we were to repeal the Bush tax cuts, we'd get $4 trillion of revenue over the next 10 years. If we were to enact Simpson-Bowles, we’d get $1.5 trillion by closing various tax loopholes. With a few simple economic decisions, we can solve America’s budgetary problem.

Now, of course, you have long-term healthcare costs to deal with. That’s a huge problem and I don’t pretend it isn't. But in every other respect you can bring down America’s budget deficit to what would be among the lowest levels of any Western country.

Greece faces a much more fundamental problem. There isn't an easy economic solution.

Greece is simply not going to be able to pay back the loans that it owes. If you do the math, it is inconceivable.

That is what people like Alan Greenspan are pointing out. There’s simply no reasonable set of projections that will get you to a place where Greece is going to be able to pay back its loans.



Tuesday, June 21, 2011

Poor lawyers....

No easy money for them from Walmart. As a stockholder I'm glad. The last class action suit I know of that the company paid the female associates got 25$. The Lawyers made a million or so.

Not exactly a thrill for anyone who works for a living. But the system isn't designed for them is it?

Justices nix Wal-Mart class-action bid - Washington Times
In a landmark decision hailed by major business groups, the Supreme Court quashed what would have been the largest class-action employment lawsuit in U.S. history, affecting potentially 1.6 million female employees of giant retailer Wal-Mart.

In the most closely watched business case of the high court’s term, business interests said the decision will provide a brake on catchall class-action suits that target some of the nation’s biggest employers.

“Defendants should have the opportunity to present individualized evidence to show they complied with the law,” said Robin Conrad, executive vice president of National Chamber Litigation Center, an arm of the U.S. Chamber of Commerce. “Too often the class-action device is twisted and abused to force businesses to choose between settling meritless lawsuits or potentially facing financial ruin.”

The court unanimously reversed a 9th U.S. Circuit Court of Appeals ruling that the Wal-Mart case could go ahead as a collective class action, and by a 5-4 margin also held that there were too many female plaintiffs in too many different jobs to justify a class-action lawsuit.


Saturday, June 11, 2011

Friday, June 10, 2011

Plan on instability....

The system is sick. As long as the Fed can pour money into the banks and they in turn buy the Federal bonds we will muddle through. But as the banks concentrate on making a free 3% return trading in  government bonds then the system is not getting new money for loans in the quantity it needs to expand. This is the futility of  quantitative easing and it has a  very limited  effect.

If the banks are only borrowing and investing in these bonds It remains to be seen if this can continue much longer without massive changes in the system.

Let's never forget that we can't drill our own oil thanks to the fanatics controlling the Democrats. And we shipped our middle class jobs overseas, thanks to the Republicans and the boy child Clinton, so there is very little wealth creation potential in selling Chinese trinkets and Jap cars to broke dicks without  good paying jobs or credit.

But the main point is the ruling class doesn't have a clue how to fix it!

Too involved in sex scandals and name calling which diverts our attention from the mess they got us into. But of course, you'll vote for them so the bad guys don't get re-elected and make any changes, right?

Death By Debt - Blogs at Chris Martenson
One of the conclusions that I try to coax, lead, and/or nudge people towards is acceptance of the fact that the economy can't be fixed. By this I mean that the old regime of general economic stability and rising standards of living fueled by excessive credit are a thing of the past. At least they are for the debt-encrusted developed nations over the short haul -- and, over the long haul, across the entire soon-to-be energy-starved globe.



The sooner we can accept that idea and make other plans the better. To paraphrase a famous saying, Anything that can't be fixed, won't.

The basis for this view stems from understanding that debt-based money systems operate best when they can grow exponentially forever. Of course, nothing can, which means that even without natural limits, such systems are prone to increasingly chaotic behavior, until the money that undergirds them collapses into utter worthlessness, allowing the cycle to begin anew.

All economic depressions share the same root cause. Too much credit that does not lead to enhanced future cash flows is extended. In other words, this means lending without regard for the ability of the loan to repay both the principal and interest from enhanced production; money is loaned for consumption, and poor investment decisions are made. Eventually gravity takes over, debts are defaulted upon, no more borrowers can be found, and the system is rather painfully scrubbed clean. It's a very normal and usual process.

When we bring in natural limits, however, (such as is the case for petroleum right now), what emerges is a forcing function that pushes a debt-based, exponential money system over the brink all that much faster and harder.


Thursday, June 09, 2011

Need more evidence of the rot.....

Here's a Republican joining a company that has supported the Democrats for years. Of course, these guys are instrumental in the '08 meltdown.

Coincidence that they got away with it and were bailed out? Yea, right! If you were to check most of the gang in Congress owns stock and gets bribe money from the very gangsters who got us into this mess.

Gregg Goes to Wall Street, Fantasy Sports Tackle Lobbying and More in Capital Eye Opener: June 1 - OpenSecrets Blog | OpenSecrets
JUDD GREGG JOINS GOLDMAN SACHS: Former Sen. Judd Gregg (R-N.H.) is joining Wall Street giant Goldman Sachs, reports Politico's Chris Frates. The New Hampshire Republican, who retired in November after 18 years in the Senate, joins the prestigious -- and politically powerful -- firm as one of the firm's 17 international advisers.

The post is the second in which Gregg, a former member of the Senate Banking, Housing and Urban Affairs Committee, will bring his extensive experience with the intersection between banking issues, politics and policy to the private sector. It was first announced last month that Gregg would be join InterContinentalExchange Inc, an American finance company that operates a commodity-based online marketplace, as a member of the board of directors.


Wednesday, June 08, 2011

The rot is endemic......

You can't expect these whores in Washington to regulate or protect us from the corporations and Unions if they own their stocks, take their money or use their labor to get elected.

That's what causes the Empire to collapse. Nothing stops these entities from bidding up the price and then changing the rules mid stream as the highest bidder gets their payback. Eventually everyone loses confidence and the system grinds to a halt.

Oil prices high? Gas price ridiculous at the local pump? Blame it on Quantitative Easing from the Fed pouring money into the banks and gangsters on Wall Street and flooding the Commodities Future markets.

P.s, all the big shots in Washington are in on the scam. Click on the jump and read the whole article:

Candidates Scramble for Donors, AT&T Loves on Lawmakers' Charities And More in Capital Eye Opener: June 2 - OpenSecrets Blog | OpenSecrets
AT&T GIVES TO CONGRESS' PET CHARITIES: AT&T is following its own advertising slogan -- "stay connected"-- and applying it to politics.

The telecom giant has been donating significant money to many charities supported by key congressmen as it waits for federal approval of its merger with T-mobile, Politico reported. If approved, AT&T would become the largest wireless provider in the country.

Many of the charities that have received money from AT&T are affiliated with congressmen who have connections with the Federal Communications Commission.

AT&T, which is listed by The Center for Responsive Politics as a "heavy hitter," is not new to giving to congressmen. During the 2010 election cycle, people and political action committees associated with AT&T contributed $3.7 million to campaigns, and the company itself spent about $15 million on federal lobbying efforts.

And as of 2009, at least 68 lawmakers own AT&T assets, according to the Center's research. Sen. John Kerry (D-Mass.), a senior member of the Senate Commerce, Science and Transportation Committee, which has jurisdiction over the Federal Communications Commission, owns AT&T assets valued between $1.3 million and $1.6 million. New data on federal lawmakers' personal finances will be available later this month.



Tuesday, June 07, 2011

More nonsensical health scares...

Sell fear (or sex) and you become important and necessary. After all, these people at the World Health Organisation have to stay relevent to keep those cushy checks coming in from me and you.

The Daily Bell - Anthony Wile: Bacteria Hysteria Fanned by WHO Propaganda Machine
Anthony Wile: Bacteria Hysteria Fanned by WHO Propaganda Machine
Saturday, June 04, 2011 – by Russia Today

Russia Today's Bill Dodd interviews Anthony Wile, the founder and chief editor of thedailybell.com, who believes the hysteria about the bacteria behind the food poisoning is artificially created by the mass media – which he calls "the WHO's propaganda machine."

"I do not believe we have enough information at this time to be able to determine whether or not this is going to be a real serious outbreak here that is going to cause serious human casualties. But certainly the mainstream media are having their normal run at trumpeting this to be another grand hysteric situation," he said.

And the main aim for them, he says, is to drive more people into believing that organizations like WHO are there to do something to solve the problem.

"I would not expect them to do anything more than continue trumpeting these headlines in a way which will cause more and more hysteria, because what they are going to do is [to] level society with more rules and more regulations," Wile added.



Sunday, June 05, 2011

More nonsensical health scares...

Sell fear (or sex) and you become important and necessary. After all, these people at the World Health Organisation have to stay relevent to keep those cushy checks coming in from me and you.

The Daily Bell - Anthony Wile: Bacteria Hysteria Fanned by WHO Propaganda Machine
Anthony Wile: Bacteria Hysteria Fanned by WHO Propaganda Machine
Saturday, June 04, 2011 – by Russia Today

Russia Today's Bill Dodd interviews Anthony Wile, the founder and chief editor of thedailybell.com, who believes the hysteria about the bacteria behind the food poisoning is artificially created by the mass media – which he calls "the WHO's propaganda machine."

"I do not believe we have enough information at this time to be able to determine whether or not this is going to be a real serious outbreak here that is going to cause serious human casualties. But certainly the mainstream media are having their normal run at trumpeting this to be another grand hysteric situation," he said.

And the main aim for them, he says, is to drive more people into believing that organizations like WHO are there to do something to solve the problem.

"I would not expect them to do anything more than continue trumpeting these headlines in a way which will cause more and more hysteria, because what they are going to do is [to] level society with more rules and more regulations," Wile added.



Saturday, June 04, 2011

Back to square one with Bin Laden...

good thing the government doesn't lie to us or we would all become conspiracy nuts and start believing in UFOs or something! Next thing you know someone will doubt the Warren Commission   and swear up and down they were idiots cause everybody knows that miracle bullets are not impossible in Washington.

Of course, if Oba mama doesn't get re-elected then we all know that whitey will never vote for a liar twice! (I made that up! Look at Clinton.)

The Daily Bell - Why Can't I See Bin Laden's Dead Body?
I am baffled by this secrecy surrounding Bin Ladens' death. Someone needs to do more explaining than has been done thus far.

Why when American taxpayers have funded a massive manhunt and eventual assassination of Osama bin Laden are they forbidden to see Bin Laden's dead body? Why does president Obama's presumed personal discomfort about seeing Bin Laden's dead body determine whether American citizens may see it? What kind of law authorizes the White House to dictate to American citizens whether they may or may not view Bin Laden's dead body? And I am sure there are many other questions roughly along lines of the above ones that could be asked and for which answers are arguably due us.

Over the nearly ten years since 9/11 there have been all sorts of conspiracy theories circulating about just who ordered the vicious attacks on the Twin Towers and the completely unjustified murder of the airline passengers and World Trade Center workers. Some of the doubters of the official story are difficult to dismiss but arguably certain alternative accounts are far less credible than the official account.


Friday, June 03, 2011

How come this guy is still alive or running around free.....

Obviously he doesn't like our lovable black president. Must be a reason?

Couldn't be all those great successes the Pres has to his credit.

Let me list them:

Oh well, could it?


Ralph Nader: Impeach Obama for Libya, War Crimes

Thursday, June 02, 2011

Just what part don't you understand?.....

An Empire just doesn't fall out of the sky. I believe Clinton showed the way when he broke the law by lying in court and kept his job. (all he had to do was pray to Jesus with Jesse Jackson and cry for forgiveness to the women's league of voters or something. No one knows what that was all about but it worked! )

After that criminal left office, the next President, Bush was untouchable as long as he played ball and went after our "enemies" who wanted to sneak on airplanes and run them into perfectly good buildings. so we would quit killing their friends and relatives for having the audacity to live on top of our oil.

Bush and his gang instituted the Patriot Act which means that if the government calls you a terrorist they can arrest and incarcerate you forever and confiscate all your shit! Not that robbing people's shit hasn't been done before, but the scope now is breath taking and it turns out, under the Oba mama's regime it is worse!

Next step is to confiscate your guns and steal your property to pay for it because every scumbag in Washington knows that our guns are to take them out if they get uppity.

But the big problem living in an Empire is the uncertainty involved. Do you expect to start a business if these guys can take it? Are you going to save a lot of money if the banks can hand it over to them because you wont vote correctly? And what happens if you don't rat out your nutty relatives who want to be left alone in the boondocks and play American?

Think you'll be safe? What if they steal your Medicare and SS checks? Think VA benefits are exempt? Or your home?

Read on you might learn something!

Re: Gun Control Through Democratic Executive Legislation? « LewRockwell.com Blog
Manuel, regarding Gun Control Through Democratic Executive Legislation?, I was recently browsing through the List of people pardoned by George W. Bush, as is my wont, and noticed this one: the pardon, on Jan. 1, 2009, of poor Charles Thompson Winters, who was sentenced way back in 1949. After 60 years in jail, Bush let him out. His offense? “Conspiracy to illegally export, and illegal exportation, of a military aircraft to a foreign country; 18 U.S.C. §§ 88 (1946 ed.) and 371, 22 U.S.C. § 452, and Presidential Proclamation 2776 (dated March 26, 1948).”

So the President has taken over the legislative function (making law, via Presidential Proclamation or Executive Order), judicial function (because of the “political question” doctrine or threats such as Court-packing or ignoring the Court (“John Marshall has made his decision; now let him enforce it!“) or even arresting judges), enforcing it (it is the executive branch), and undoing it at will (via pardon or inaction), like an Emperor. (He can also make the equivalent of treaties without getting the Senate’s approval, by using “Executive Agreements,” and this can, possibly, effectively amend the Constitution via the Supremacy Clause—because the Bricker Amendment failed.)


Wednesday, June 01, 2011

Pretty simple, really.....

They own us. Try living without these giant corporations. Food, clothing, transportation, news, entertainment, you name it they own or control you. They own the media and the government. You can't fart with out their permission.

And most people don't care as long as they have football and shopping.

Live with it!

oftwominds: Models of Community: Alternatives to Corporate America
As I have often observed, the majority of America's household income flows to a handful of corporate cartels protected by the Central State. Most of the mortgage payments flow to the "too big to fail" banks. Most of the telecom payments flow to the few companies in the telecom cartel. Most of the energy money flow to the energy cartel. Most of the food budget go to the Big Ag cartel and the retail cartel. Most of the money spent on "entertainment" flows to the corporate media cartel, and so on.


Most of the global media is owned by 5 or 6 corporations. Most of the radio stations in the U.S. are owned by two corporations. This tremendous concentration of ownership of the nation's assets gives these cartels immense political power, and so the Central State acts as "partner" to Corporate America, protecting the cartels from competition by insuring that regulations are used to stamp out or limit competitors. Corporate losses are shifted to the backs of the taxpayers, all in the name of the "common good." Profits are private but losses are public--a peculiar definition of "common good."


Corporate profits are now the bellwether, and the raison d'etre, of the entire U.S. economy. The central State and the Federal Reserve have a single domestic goal: boost the U.S. stock market, which they have made the proxy for the economy's "health." If corporate profits and the stock market are rising, then all is well. Or so we are constantly told by Fed and Treasury hacks, toadies and lackeys.


If The Pledge of Allegiance reflected reality, it should now read: I pledge allegiance to the profits of the Corporate States of America, and to the stock market for which it stands, one nation under the Federal Reserve, with taxation and serfdom for all.


As I noted yesterday, the Central Savior State "makes things happen" via centralized top-down authority, predatory taxation and the ultimate threat of coercion. Community "social capital" is not coercive, centralized or exploitive. Global corporations share many characteristics with central states; the "taxation with representation" offered by our government is a facsimile of representation, for the representatives are all "owned" by or partnered with financial Elites. The U.S. has in essence become a Corporate State.