OK. It's not a black joke.......

Thanks to icanhasacheezburger.com .

The fix has been reconfirmed.....

Corporations love government regulations. It kills competition dead leaving a multitrillion dollar market with only a hand full of players.

At least the politicians won't have to worry about their cut not coming on time. They'll be laughing all the way to the bank.

US Senate Rubber-Stamps the Dictatorship of the Big Banks

The Wall Street Journal reported the rise in prices under the headline, “Financial Stocks Turn Higher After Senate Passes Reform Bill.” CNNMoney.com titled its story, “Bank stocks rally on heels of Wall Street reform,” noting that “major banks reacted positively to the reform’s passage, and shares climbed in afternoon trading.”



There is a striking and politically illuminating contrast between the market reaction and the populist phrases mouthed by Democratic politicians in Washington. Harry Reid, the Democrat majority leader in the Senate, boasted, “When this bill becomes law, the joyride on Wall Street will come to a screeching halt.”



President Obama was more restrained, declaring, “Our goal is not to punish the banks but to protect the larger economy and the American people from the kind of upheavals that we’ve seen in the past few years.” But he hailed the passage of the bill as a triumph over intensive lobbying by the major banks (who were among his biggest financial backers in the 2008 presidential campaign).



“When they couldn’t kill it, they tried to water it down,” he claimed, adding, “Taxpayers will never again be asked to foot the bill for Wall Street’s mistakes. There will be no more taxpayer-funded bailouts. Period.

Fucking mayans.....

Who else could it be?

Have aliens hijacked Voyager 2 spacecraft | The Daily Telegraph

IT left Earth 33 years ago, now it's claimed the Voyager 2 spacecraft may have been hijacked by aliens after sending back data messages NASA scientists can't decode.

NASA installed a 12-inch disk containing music and greetings in 55 languages in case intelligent extraterrestrial life ever found it.

But now the spacecraft is sending back what sounds like an answer: Signals in an unknown data format!

The best scientific minds have so far not been able to decipher the strange information – is it a secret message?

Alien expert Hartwig Hausdorf said:"It seems almost as if someone had reprogrammed or hijacked the probe – thus perhaps we do not yet know the whole truth" Read more in Bild

What do the Chinese know?........

The world is awash in recoverable oil. Tar sands can still be processed at a profit.

Especially with nuke power. Something the Chinese would be able to use without asking permission from tree huggers without real jobs.

After they clean up the world's assets maybe they'll lend us a couple more bucks, right? Only if we do as we're told, of course.

Agora Financial's 5 Minute Forecast

“Love what you guys bring each day,” writes another piling on. “Just one correction to your comment on the oil sands. Big existing oil sands installations are very economical. The cost of production at Suncor and Syncrude, by far the biggest oil sand producers, is $30-35 per barrel and $20-25 per barrel, respectively.

“Only new projects are coming in at the $70-90 per barrel level.”

The 5: Thanks for pointing out the distinction. Still, we wouldn’t be surprised to see the Chinese buy in after the Canadian delegation leaves town this week. In other deals around the world, China has demonstrated a willingness to pay above-market prices to ensure a reliable supply. That usually gets the deal done… that and the many cups of bai-jo you are encouraged to imbibe when doing business here.

This post is for my brother Bert....

Couldn't help myself. Need to keep the old boy on his toes. Heh heh.

Natural Disasters Fill Seers’ Calendar in 2012

[Lately, Mother Earth has been angrier than we can ever recall. A friend of ours with a keen interest in the predictions of seers alerted us a few years ago to the prospect of a dramatic increase in seismic activity around now, so we were naturally eager to have him update the forecast. He has obliged with the grim predictions detailed below. Be warned that his outlook is not for the squeamish and that it suggests 2012 could be a year in which natural disasters impact hundreds of millions of lives around the planet. Incidentally, if you’d like to sample the eclectic range of Rick’s Picks commentary, you can get a free seven-day trial, including daily stock and futures recommendations, by clicking here.]



Rick has asked me to outline the impact of potential future geological events on the U.S. economy. I am not a geologist or an economist, (although I do have an eclectic university education background) - my own personal studies for the last several decades have included amongst other things various prophecies about future events from multiple sources around the world. I write this anonymously, and am writing it at Rick's request. I am just putting it out there for your consideration - what you choose to do with this prophetic scenario, if anything, is up to you.

More bullshit from big media....

Remember global warming? How about baillouts fixing the economy? Then you must agree that we are doomed by oil spills.

Yea right!

I contend that the big buck gangsters can't make any money if we lessen our need for Middle East oil.  The reason?

Big military sales!

My Way News - Where's the oil? Model suggests much may be gone

About 35 percent of a spill the size of the one in the Gulf, consisting of the same light Louisiana crude, released in weather conditions and water temperatures similar to those found in the Gulf now would simply evaporate, according to data that The Associated Press entered into the program.

The model also suggests that virtually all of the benzene - a highly toxic flammable organic chemical compound and one of the chief ingredients in oil - would be stripped off and quickly vaporize.

The model was not designed for deepwater spills like the one at the Macondo well in the Mississippi Canyon now threatening the Gulf Coast. But experts said the analysis might give a close approximation of what is most likely happening where the oil plume is hitting the surface nearly 50 miles south of Louisiana.

The size and nature of the spill also has been altered by response efforts. So far, about 436,000 gallons of chemicals have been sprayed on the oil to break it up into smaller droplets and about 4 million gallons of oily water have been recovered.

Of that recovered mixture, at least 10 percent is oil, BP and NOAA said. Smaller amounts of oil also have been collected after washing ashore, and crews have burned a negligible quantity off the surface.

That would leave as much as 2.7 million gallons at sea as of Friday, with about 210,000 gallons coming up from the well every day.

The 210,000 gallons figure - specifically, about 5,000 barrels - comes from NOAA and has frequently been cited by BP PLC and the Coast Guard. Some scientists have said based on an analysis of BP's video of the leak that the flow rate is much higher, while others have concluded the video is too grainy to draw any such conclusions.

Even with computer models and history as guides, uncertainty reigns.

Doug Helton, the operations coordinator for NOAA's Office of Response and Restoration, said the agency was uncertain how much oil would sink to the bottom. For now, most of it is near the surface.

"This oil is coming from the sea floor and coming up to the surface in droplets and then once it comes to the surface it re-coelesces as a slick," he said.

Ed Overton, a Louisiana State University chemist who's analyzed the spill for NOAA, said he thinks most of the oil is within a foot of the surface.

"Ultimately, you could have a lot of oil on the shoreline. It won't be a black tide coming in, it will be globs coming ashore," he said.

"It's going to be a long, slow summer."

Wilma Subra, a chemist and MacArthur Fellow affiliated with the Louisiana Environmental Action Network, said there was a risk that the effort to break up the oil with dispersants would simply sweep it to the ocean bottom and contaminate the food chain, a possibility that has shrimpers on edge.

Merv Fingas, who has studied oil spills for 35 years and has worked for Environment Canada, that nation's environmental agency, predicted a bit of both: some would wash up, and some would stick to sediment and mud and sink slowly to the bottom, much of it likely settling near the spewing well.

"That's the fate of a lot of oil spills: sedimentation on the bottom," Fingas said.

Overton disagreed, saying the oil from the Deepwater Horizon spill is too light to sink all the way.

A common refrain among experts and officials is that every oil spill is unique.

Larry McKinney, director of the Harte Research Institute for Gulf of Mexico Studies at Texas A&M University-Corpus Christi, said the Deepwater Horizon spill reminds him of the last catastrophic oil flood in the Gulf.

In 1979, Mexico's Ixtoc I in the western Gulf blew out and spewed about 420,000 gallons of oil a day for nine months. Large quantities of oil did not reach Texas beaches.

"This was a problem we ran into with Ixtoc, we never found the oil," McKinney said. "But I think even today if you dig down in some sandy beaches you can find a layer of Ixtoc oil."

Retarded fucker.....

Putting your money in a 401 k has proven over andover to be a ponzi scam. Only the gangsters running the legal rackets will make more than peanuts.

Want security for retirement. Pay off your debts. Have no house payment. Live like a king instead of serf. No other retirement is more secure. Remember, no one ever went broke paying their way and not borrowing!!


» Start Retirement Savings Early

You’ve probably heard that your most valuable asset is time. For new graduates, that line actually refers to two different ideas, both of which are critically important to understand. The first idea is that with few entanglements and draws on your time (mainly no kids), you can devote more of it to your career and engineer the largest advancements in your career.

The second refers to the power of compounding interest and that’s important to understand with regards to your retirement in forty+ years.

This post is part of Bargaineering’s 2010 New Graduate Guide series where I’ll share my insights and offer my financial guidance to the graduate class of 2010. This post is part of day 1, establishing your financial foundation.

Contribute to a 401(k)

When you start working, your employer may offer you the opportunity to contribute to your retirement through a 401(k) (here’s a primer on retirement investing). They will entice you to do this by offering some sort of matching offer, say 50 cents for every dollar you contribute up to 6% of your salary. You will not find a better deal in the entire world, I guarantee it.

Anyone in the Democrat party not working for Goldman?....

Only Oba mama knows for sure. Maybe. Of course they'll be diligent in investigating these gangsters, right?


A List of Goldman Sachs People in the Obama Government: Names Attached to the Giant Squid’s Tentacles | The Seminal

At a time when Congressional hearings are set to call testimony from some Goldman Sachs employees, it is vital to understand how widespread that institution’s ties are to the Obama administration. This diary shows the pervasive influence of Goldman Sachs and Goldman created institutions (like the Hamilton Project embedded in the Brookings Institution), employees and influence peddlers in the Obama administration.

While many of the people listed below formerly worked for Goldman Sachs or its offshoots (like the Hamilton Project, including all three of that project’s first Directors) influence can be exerted not only through people but through money, awards, sponsored scholarship, and creation of an agenda favorable to Goldman Sachs (which is where Brookings and the Hamilton Project come in and have proved especially useful to Goldman Sachs).

It is further of note that although Goldman Sachs has been the center of attention especially since Matt Taibbi’s insightful investigative journalism, that I have not been able to find a comprehensive list of the influence of Goldman Sachs in this administration. Recently in the New York Post, for instance, Michelle Malkin wrote a good article called "All the President’s Goldman Men" but she only listed the usual suspects like Larry Summers, Timothy Geithner, Rahm Emanuel, Gary Gensler and Mark Patterson.

But that’s just the tip of the Goldman Sachs iceberg. Here you will find

What a racket......

Borrow from the Fed at .25% lend to the Treasury at over % 3. Simply push buttons on your desk and collect millions. Why would these crooks do any thing different.

Would you?

We need to get these guys off welfare. Rope sounds good for most of them.  In the meantime quit doing business with them and stick with credit unions and small local banks.


‘Perfect Quarter’ at Four U.S. Banks Shows Fed-Fueled Revival - Bloomberg.com

By David Mildenberg and Dawn Kopecki

May 12 (Bloomberg) -- Four of the largest U.S. banks, including Citigroup Inc., racked up perfect quarters in their trading businesses between January and March, underscoring how government support and less competition is fueling Wall Street’s revival.

Bank of America Corp., JPMorgan Chase & Co. and Goldman Sachs Group Inc., the first, second and fifth-biggest U.S. banks by assets, all said in regulatory filings that they had zero days of trading losses in the first quarter. Citigroup Inc., the third-largest, doesn’t break out its daily trading revenue by quarter. It recorded a profit on each trading day, two people with knowledge of the results said.

“The trading profits of the Street is just another way of measuring the subsidy the Fed is giving to the banks,” said Christopher Whalen, managing director of Torrance, California- based Institutional Risk Analytics. “It’s a transfer from savers to banks.”

You got a love a genuine nut job.....

This guy is weird. But all politicians are weird.

Of course that doesn't mean he's unique.


UPDATE: Venezuela's Chavez Plans To Attack Soaring Inflation - WSJ.com

CARACAS (Dow Jones)--Venezuelan President Hugo Chavez responded Sunday to what could become an out-of-control inflation problem, promising swift action that includes unleashing the military to nail merchants who unfairly raise prices.

Chavez said that in many of the cases, it's not just greed but politics that are leading businesses to raise prices. With key congressional elections just four months away, he said, businesses loyal to the opposition are hoarding goods so prices will rise, in the hopes of stirring panic and pulling voters away from the ruling socialist party.

Hey! You've only lost a ton of money......

Walk away from your mortgage!

Another trillion for bank bailouts......

Blame it on Greece because we can't have the gangsters running the world taking a hit can we?  But what the Hell you and I  as tax payers are only responsible for 200 billion. A lot a luck on that Greco butt boys!


The Mortgage Porter: Mortgage Rates: Greece is the Word

Mortgage Rates: Greece is the Word

Stocks are rebounding from last weeks losses with Europe coming forward with a plan to save Greece. Right now the DOW is up about 360 points and mortgage backed securities are all ready in a position for lenders to issue new rate sheets with re-pricing for the worse...and it's not even 8:00 a.m.

Please keep that in mind when ever you read rates that are published on a website, Twitter or even worse, on print...the second they're published, they may no longer be valid as mortgage rates may change several times a day.

With no scheduled economic reports to be released until Wednesday, watch for mortgage rates to take their lead from stocks. Remember, the better the stock market does, the higher rates tend to go. This is because investors will pull money from the safety of bonds for stocks.

get exactly the government you pay for.....

Right BP. Oba mama took a lot of their money. Now the Fed's will have to make it up to their financiers.

Obama Sheltered BP's Deepwater Horizon Rig from Regulatory Requirement

Last year the Obama administration granted oil giant BP a special exemption from a legal requirement that it produce a detailed environmental impact study on the possible effects of its Deepwater Horizon drilling operation in the Gulf of Mexico, an article Wednesday in the Washington Post reveals.

Federal documents show that the Department of the Interior's Minerals Management Service (MMS) gave BP a "categorical exclusion" on April 6, 2009 to commence drilling with Deepwater Horizon even though it had not produced the impact study required by a law known as the National Environmental Policy Act (NEPA). The report would have included probable ecological consequences in the event of a spill.

The exemption came less than one month after BP had requested it in a March 10 "exploration plan" submitted to the MMS. The plan said that because a spill was "unlikely," no additional "mitigation measures other than those required by regulation and BP policy will be employed to avoid, diminish or eliminate potential impacts on environmental resources." BP also assured the MMS that any spill would not seriously hurt marine wildlife and that "due to the distance to shore (48 miles) and the response capabilities that would be implemented, no significant adverse impacts are expected."

Kierán Suckling, director of the Center for Biological Diversity, told the Post that the Obama administration's exemption effectively "put BP entirely in control," adding, "The agency's oversight role has devolved to little more than rubber-stamping British Petroleum's self-serving drilling plans."

In fact, BP's self-assessment of the potential for a disaster reproduced that of federal regulators. In 2007, under the Bush administration, the MMS carried out three studies of the potential environmental impact of deep sea drilling in the Gulf of Mexico, including one that pertained specifically to the area where Deepwater Horizon was ultimately deployed, known as "Lease 206." The MMS determined that a "deepwater spill" would not reach the coast and would not exceed 4,600 barrels.

Banks r us.......

The government controls virtually all home loans. It also controls the auto industry. soon it will completely control Wall Street.

Or is it the other way around?  Gangsters r us, hmm?


Jim’s Mailbox : Welcome To Jim Sinclair's MineSet

The Federal Reserve creates as many billions of dollars as it wants with the stroke of a key. Next, it loans those billions of dollars to U.S. Banks at a rate of close to zero percent interest. U.S. Banks then take the billions of dollars they have borrowed from the Federal Reserve and purchase U.S. Treasuries, earning a margin of three percent or more interest.

Banks understandably prefer earning money this way to making actual loans to U.S. businesses and individuals. As noted in the Bloomberg article, “The risk of owning Treasures is lower than creating loans.”

This is an out-and-out monetization of U.S. debt. The government could literally do this to infinity. The only thing holding it back would be coming up with the interest payments; however, those, too, could be monetized to infinity.

It also amounts to an enormous subsidy of the banking industry that was never authorized by the legislature. In exchange for nothing more than executing a couple of keystrokes, U.S. banks earn a margin of three percent or more interest on however much money the U.S. Treasury and the Federal Reserve see fit to create.

Next, as explained in the Wall Street Journal article, “U.S. Role in Mortgage Market Grows Even Larger,” we see that the U.S. government has been forced to take over the lending operations that U.S. banks now find undesirable. As a result, we learn that the U.S. government’s “share” of the U.S. mortgage market has grown to 96.5%.

My favorite theme.....

We're broke. The "Boomers" have hit bottom. No one is going to buy houses and cars for awhile with out government handouts. We have to work our way off the deck and recover from our losses giving our  retirement accounts which have been devastated  time to come back.

Expect more handouts and gimmicks as  the banks unload a couple million more foreclosures. Then the Dem's will have to scramble to save their asses. Not that the Republicans are any better. Instead of getting out of the way they'll all be running around like chickens with their heads cut off screaming that the government has to do something.

Like not drilling for oil.

I'm in a get debt free and improve access to credit mode as I just paid off the mobile home. Being prepared for $6 gas and food price explosions is another  great idea. I expect Oba mama to be reelected because no Republican seems to be in position to remove him. Next year the economy will be receiving "Obama money" as I predicted a year ago. Most of the bailout funding kicks in 2011 in order for him to get reelected.This means  the economy has got to show a big improvement for the average guy not just the rich.

It wouldn't hurt if the Dem's put some people on Wall Street in jail but don't count on it as too many politicians, wives and other relatives are on Wall Street's payroll . Removing this money from going to  our public officials would solve some of the corruption.

Good luck on that.

Oftwominds: Why the "Nascent Recovery" Won't Last

The aging of the 78 million-strong Baby Boom means that the number of citizens sucking up Medicare expenses (roughly $400-$500,000 each under many projections based on current costs) will rise by 50% to 67 million in a few years.

Social Security rolls will rise by the same number as Boomers rush to cash in their dwindling retirement chips. The Social Security surplus has already rolled over into deficit as unemployed and downsized Boomers are taking their Social Security at 62 rather than waiting to get their full draw at 67.

So if half the budget is being captured by Medicare/Medicaid alone, where will the money come from for running the Empire, Social Security, interest on the national debt, etc.?

We'd rather not discuss that because it isn't "confidence building."

These gargantuan deficits aren't 20 years away--they're just a few years away. yet all the rosy projections never mention them, as they are inconvenient flyspecks of reality on the rosy forecast of "nascent recovery."

Here is a chart of the unfunded liabilities of the Savior State's entitlements:

Even if you expropriate the entire wealth of the nation--$54 trillion--you come up $50 trillion short.

Mobile home now paid in full.......

One less personal debt to worry about and retirement just got a little closer. A few thousand more for credit cards and I'll be set. Even though Patti has a student loan payment I'm sure we can afford $62 a month. I won't pay it off because it's her strongest credit reference. The payment amount is immaterial in FICO scoring. The older it is  (and as long as it's never late,) the better.

In 2.5 years we've gone from homeless to middle class with a free and clear roof over our heads and I intend to stay that way at least until I'm debt free. However, this doesn't mean I won't borrow for investment or business purposes. If you go bust in a business it can be structured not to touch a home or retirement funds. And the easiest way to prevent going broke is not to carry personal debt!

I think I'll be able to make $190 a month lot rent and maybe a hundred a month in utilities as fixed expenses. Even on Social Security. Not that I have a lot of faith in that check ever showing up.

Anyways, with a FICO score bumping 750  a debt to income ratio bumping 18% with 3 years on the job I'll have lenders falling all over themselves to lend me money.

I'm still calling the bigger bust in 5 to 10 more years. It will be a killer with government debts world wide in the trillions.

Unless 2012 wipes us out, right?

Another great example for not voting Republican...

Another is all the nonsense of cutting off wasteful funding  to ......

Take your pick. If you vote you have to choose between to parties that lie consistently to the voters.


The Republican Party and Planned Parenthood « LewRockwell.com Blog

I have seen it reported in several places that Planned Parenthood, one of the world’s leading abortion providers, received government grants and contracts of $350 million for fiscal year 2007-2008 and $337 million for fiscal year 2006-2007. I verified this information for myself on the Planned Parenthood website. I also discovered that Planned Parenthood’s fiscal year ends on June 30. This means that Bush the Republican was the president during this time. But after doing a little digging, I also found out that Planned Parenthood received government grants and contracts of $305 million (34%) during fiscal year 2005-2006. During this time we not only had Bush the Republican president but also a Republican majority in Congress. Yet, Planned Parenthood was still funded. And we are supposed to take Republicans seriously when they complain that Obama isn’t likely to appoint an anti-abortion judge to the Supreme Court? Why wasn’t the Republican Party that concerned about abortion when clinics affiliated with Planned Parenthood performed 264,943 abortions in 2005?

Am I psychic or what?......

Na... All you need is a little memory and a small grasp of history. Our whole food production industry is controlled by 4 large companies and 4 others control the distribution. What's more these companies are controlled by oil prices.

Oil is controlled by?


Daily Digest - Daily Digest - April 22 - Apr. 22, 2010 - Blogs at Chris Martenson - Daily Digest, Economy, Energy, environment

"WASHINGTON (AP) -- Wholesale prices rose more than expected last month as food prices surged by the most in 26 years.

The Labor Department said the Producer Price Index rose by 0.7 percent in March, compared to analysts' forecasts of a 0.4 percent rise. A rise in gas prices also helped push up the index.

Still, there was little sign of budding inflation in the report, which measures price changes before they reach the consumer. Excluding volatile food and energy costs, wholesale prices rose by 0.1 percent, matching analysts' expectations.

Told you I was psychic didn't I.....

As I for told  last year or so the only thing that will save us debt moratorium. Looks like the courts are on it. That means if the gangsters can't prove they own the note on your house, they eat it.

Works for me. Have to get rid of all those repos somehow without taking out the banking system. So the banks cover their losses by bailout money and tax gimmicks and the loans disappear.

read the following:

A colleague forwarded me an important decision this morning that has just been handed down by the DISTRICT COURT OF APPEAL OF THE STATE OF FLORIDA, Fourth District, that is extremely helpful to foreclosure victims in particular, or for others who want to challenge whether or not they are making payments to the “real party in interest,” i.e., the owner of their mortgage loan.

This decision is extremely important and should be utilized in all foreclosure matters whether in judicial or non-judicial foreclosure states. Without proper authentication and a full audit trail to prove who is the rightful owner and holder of the mortgage obligation, we are subjugating ourselves to a perpetual state of manipulation and fraud by the carpetbaggers and scallywags who are cleaning up the toxic waste dumped into our financial system by the derivatives mobsters. I particularly like the statement in the Decision:

As in BAC Funding Consortium, there are no supporting affidavits or deposition testimony in the record to establish that Aurora validly owns and holds the note and mortgage, no evidence of an assignment to Aurora, no proof of purchase of the debt nor any other evidence of an effective transfer. Thus, we reverse the summary judgment and remand for further proceedings.

This decision moves past the “Bogus Assignment” problem (a la the recently announced Department of Justice’s criminal investigation of Lender Processing Services and its subsidiary Docx, LLC) and focuses on the requirements of admissible evidence. This decision also harmonizes with the findings of fact and conclusions of law set forth in Massachusetts Land Court Judge Keith C. Long’s Memorandum in the U.S. Bank v. Ibanez and Wells Fargo Bank v. LaRace foreclosure cases.

By the way, the Massachusetts Land Court cases are on appeal before the Massachusetts Supreme Judicial Court. We are waiting for the Banks’ attorneys to file their Appellants’ briefs. Glenn F. Russell Jr. on behalf of the LaRaces, and Paul Collier on behalf of Mr. Ibanez will then have 30 days to write their Appellee briefs.

The Empire never sleeps.....

Our military-industrial complex rolls. No choice. Turn your back and let your guard down and the  natives fly airplanes into your financial center.

I predict that since Oba mama is playing ball with the Empire he's a shoe in for 2012.  Expect 2011 to be a boom year. Of course, quite a few Dem's are toast this year. Following the status quo means the left stays home this election cycle and they'll be pissing in the wind moaning over "betrayal."

They never learn!

oftwominds: My Country Went to Iraq and All I Got Was This Global Empire

Transcript (Three Days Of The Condor).

TURNER (REDFORD): Boy, what is it with you people? You think not getting caught in a lie is the same thing as telling the truth?

HIGGINS (ROBERTSON): No. It's simple economics. Today it's oil, right? In 10 or 15 years, food, or plutonium-- and maybe even sooner. What do you think the people are going to want us to do then?

Ask them. Not now. Then. Ask them when they're running out. Ask them when there's no heat and they're cold. Ask them when their engines stop.

Ask them when people who have never known hunger start going hungry. Want to know something? They won't want us to ask them.

They'll want us to get it for them.

So we went out and got it. As I described in The Fulcrum of the Mideast? (May 19, 2008) , the U.S. has neatly carved out a sphere of influence in the fulcrum of the mideast. Geography, demographics and energy will always dominate; please consider this map for clarification.

The U.S. Military is now another "tribe" in Iraq. It is a hyper-violent, resourceful tribe which made a number of beginner's mistakes which have now been largely corrected, usually at the rank of Army or Marine captain--those officers on the ground who interact with other tribal leaders.

Nice fairy tale.....

Almost as bad as Jesus did it. You notice upon reading the following that he never explains where the gene could have come from or why wouldn't the surviving moths be black and blend in and not be so easily eaten. All these explanations of evolution are simply a grasping at straws.

Not that the Bible does any better! So lay off the flame wars.

Introduction to Evolutionary Biology

The English moth, Biston betularia, is a frequently cited example of observed evolution. [evolution: a change in the gene pool] In this moth there are two color morphs, light and dark. H. B. D. Kettlewell found that dark moths constituted less than 2% of the population prior to 1848. The frequency of the dark morph increased in the years following. By 1898, the 95% of the moths in Manchester and other highly industrialized areas were of the dark type. Their frequency was less in rural areas. The moth population changed from mostly light colored moths to mostly dark colored moths. The moths' color was primarily determined by a single gene. [gene: a hereditary unit] So, the change in frequency of dark colored moths represented a change in the gene pool. [gene pool: the set all of genes in a population] This change was, by definition, evolution.

The increase in relative abundance of the dark type was due to natural selection. The late eighteen hundreds was the time of England's industrial revolution. Soot from factories darkened the birch trees the moths landed on. Against a sooty background, birds could see the lighter colored moths better and ate more of them. As a result, more dark moths survived until reproductive age and left offspring. The greater number of offspring left by dark moths is what caused their increase in frequency. This is an example of natural selection.

Populations evolve. [evolution: a change in the gene pool] In order to understand evolution, it is necessary to view populations as a collection of individuals, each harboring a different set of traits. A single organism is never typical of an entire population unless there is no variation within that population. Individual organisms do not evolve, they retain the same genes throughout their life. When a population is evolving, the ratio of different genetic types is changing -- each individual organism within a population does not change. For example, in the previous example, the frequency of black moths increased; the moths did not turn from light to gray to dark in concert. The process of evolution can be summarized in three sentences: Genes mutate. [gene: a hereditary unit] Individuals are selected. Populations evolve.

Evolution can be divided into microevolution and macroevolution. The kind of evolution documented above is microevolution. Larger changes, such as when a new species is formed, are called macroevolution. Some biologists feel the mechanisms of macroevolution are different from those of microevolutionary change. Others think the distinction between the two is arbitrary -- macroevolution is cumulative microevolution.

Did you ever wonder why your check didn't go up ......

If your check increase is based on the CPI it didn't increase to keep up with inflation. The government cheated you out of it. Probably gave the money to the losers who didn't pay for their house. Or gave it to the fat cat gangsters who make sure both political parties stay in charge.

Oh I forgot, you did get a couple of bucks in "stimulus money." Now they have to raise your taxes to cover it. Kind of takes the thrill out of voting, doesn't it?

Bet on it!


Food Costs up 2.4% In a Single Month

Since March 2009, the stocks and commodities have soared - and investors have been thrilled.

While many attribute this rise in valuations to economic recovery, some believe that rising costs are a direct result of the monetary expansion by the Federal Reserve, resulting in price inflation on certain goods, namely those assets such as commodities, which are not considered debt-based (i.e. cars, houses).

The Labor Department reports that prices in the month of March rose across the board:

There was little sign of budding inflation in the report. Excluding volatile food and energy costs, wholesale prices rose by 0.1 percent, matching analysts’ expectations.

Oba mama to crackdown on Wall Street......

Yea, right. Might start with firing half his advisers and staff who worked to get us into this mess in the first place and will go back to the scene of the crime to continue the scam.

Of course, we get exactly the government the rich pay for. No matter the party. But what else is new?


Michelle Malkin » All the president’s Goldman Sachs men; Update: A look at the White House visitor logs

– Goldman Sachs partner Gary Gensler is Obama’s Commodity Futures Trading Commission head. He was confirmed despite heated congressional grilling over his role, as Reuters described it, “as a high-level Treasury official in a 2000 law that exempted the $58 trillion credit default swap market from oversight. The financial instruments have been blamed for amplifying global financial turmoil.” Gensler said he was sorry — hey, it worked for tax cheat Treasury Secretary Tim Geithner — and was quickly installed to guard the henhouse.

– Goldman Sachs kept White House Chief of Staff Rahm Emanuel on a $3,000 monthly retainer while he worked as Clinton’s chief fundraiser, as first reported by Washington Examiner columnist Tim Carney. The financial titans threw in another $50,000 to become the Clinton primary campaign’s top funder. Emanuel received nearly $80,000 in cash from Goldman Sachs during his four terms in Congress — investments that have reaped untold rewards, as Emanuel assumed a leading role championing the trillion-dollar TARP banking bailout law

Oh good. More bureaucrats......

We need more parasites
 

O’Reilly Tonight: Financial “Reform” « John Stossel

On The Factor tonight, Bill wants to discuss the pending financial “reform” bill. I put “reform” in quotes, because the 1,336 page bill is likely to do little more than create a new maze of unproductive regulation. Here are five new agencies the bill would create:

— Financial Stability Oversight Council
— Office of Finance Research
— Office of National Insurance
— Office of Credit Rating Agencies
— Bureau of Consumer Financial Protection

A “Bureau of Consumer Financial Protection” sounds nice. But the more (and the more loudly) government devotes efforts to protecting ordinary investors from Wall Street, the less incentive ordinary investors have to protect themselves. Pretend to remove the risk (or severely dilute the risk) of personally suffering financial losses, and ordinary, non-professional investors lose their incentives to personally exercise prudence, caution, and good judgment.

Bob Litan, writing for the Huffington Post, also points out that the bill restricts funding for start-ups:

This tax is inevitable........

One way or another. The gang in charge can't cut spending so they have to soak us. Therefor we can expect them to soak the rich. After all they then will get the blame and the gang lives happily ever after.

These 13 Senators Need to Be Sent Home for Supporting VAT

As government revenues plummet and spending sky rockets, Washington is looking for all manner of ways to further burden the American people with taxes, including the value added tax, which which is essentially a sales tax on consumption. In A VAT of Taxes for the Middle Class we discussed the problems with the VAT and how it would stifle small businesses and economic growth.

It seems the Senate agrees:

The Senate voted 85-13 Thursday to pass a nonbinding “sense of the Senate” resolution that calls the value-added tax “a massive tax increase that will cripple families on fixed income and only further push back America’s economic recovery.”

The issue came up because White House adviser Paul Volcker told a group in New York last week that taxes might have to be raised to bring budget deficits under control. He added that the value-added tax “was not as toxic an idea” as it had been in the past, according to a report by the Reuters news service.

The White House has distanced itself from the remarks, with officials saying that Volcker was not speaking for the Obama administration

I never liked the slimy son of bitch anyways......

Of course, I never liked any of our politicians.  Anyways here's the latest plan....
Raise our taxes because they think the  recession is over and we can all pay for their crimes..... Then again, for the gangsters who buy these guys it never started!


Anti-Idiotarian Rottweiler » Would Somebody Please Remind Us Who Let This Fuck Into the GOP

Just as tax day is upon us, the economy is in shambles and Ogabe Inc has put millions of Americans out of work not to mention footed countless future generations with a bill that will have to come due sooner or later, Lindsay Lohan Graham suggests that “hey, you know what would be really great now? Another tax, that’s what!”

WASHINGTON – Leading voices in the Senate are considering a new tax on gasoline, as part of an effort to win Republican and oil industry support for the energy and climate bill now idling in Congress.

The tax, which according to early estimates would be in the range of 15 cents a gallon, was conceived with the input of several oil companies, including Shell, BP and Conoco Phillips, and is being championed by Republican Sen. Lindsey Graham of South Carolina.

I firmly believe this guy is spot on....

Hate to agree with Oba mama's money bags but I do. And he's closer to the gang than I 'll ever be.  5 to 10 years is my prediction.......

George Soros Says Crash Imminent, But It Might Take 8 Years

Billionaire financier George Soros warns that we are creating another environment which will inevitably lead to a crash, but this time, it won’t be just stock markets and it will be an even bigger boom and bust than the recent credit crisis.

Via Reuters:

“Unless we learn the lessons, that markets are inherently unstable and that stability needs to the objective of public policy, we are facing a yet larger bubble.

“We have added to the leverage by replacing private credit with sovereign credit and increasing national debt by a significant amount.”

Though many contrarian analysts and investors have suggested that a massive economic catastrophe will occur sometime in the next 0 to 3 years, Soros is a bit more optimistic on time frame, according to Reuter’s Funds Hub:

One crumb of comfort could be the 10-year period between the 1998 Asian crisis and the 2008 credit crisis. If the pattern is repeated, it should at least mean we have another 8 years to go before the next crash…

Remember the Weathermen?.....

Government has to destroy the Tea party.  No choice.  Expect more attacks on Ron Paul. Especially after this new Rassmusen poll  predicting Paul is in a dead heat with Oba mama for 2012. Of course most people now believe.......

Big government is your wallet's enemy.


Future Tea Party ‘Incident’: You Saw It First on LRC « LewRockwell.com Blog

In reading Eric’s post, I can guarantee you that there are a lot of scared people in Washington, and I suspect that the Obama administration will step up its efforts to further have the FBI infiltrate the Tea Party movement. So far, we have seen a massive effort by the government and the mainstream media to falsely claim that the TP folks were hurling racial slurs at black members of Congress.

My sense is that the FBI will push even harder, trying to get some fringe people in the TP to “plan attacks” or something like that, and then the government will swoop in and make arrests, and the New York Times and CBS News will publicize it to no end. We have seen this kind of thing so many times before that what I am writing should not be shocking to anyone who reads this blog.

Government corruption world wide.....

Manipulate the stock market is one thing but screwing with the price of gold is another. S till, oil is the one to watch.  Did you buy some food? Come in handy. Heh heh.


In The News Today : Welcome To Jim Sinclair's MineSet

There is no silver lining to the activities of JPMorgan Chase and HSBC in the precious-metals market here and in London, says a 40-year veteran of the metal pits.

The banks, which do the Federal Reserve’s bidding in the metals markets, have long been the government’s lead actors in keeping down the prices of gold and silver, according to a former Goldman Sachs trader working at the London Bullion Market Association.

Maguire was scheduled to testify last week before the Commodities Futures Trade Commission, which is looking into the activities of large banks in the metals market, but was knocked off the list at the last moment. So, he went public.

Maguire — in an exclusive interview with The Post — explained JPMorgan’s role in the metals pits in both London and here, and how they can generate a profit either way the market moves.

Not often anything said on MSNBC is worth a shit......

Dylan Ratigan MSNBC exposes Federal Reserve Con - Part 1

Oil, oil, oil....

We only have to watch oil. Goes up everything costs more. Everything costs more less money for Chinese trinkets, I pads, taxes, house payments......

You get the idea. 2008 at $140 a barrel should tell us something.... like broke dick city at my house, hmm?


Oil, Not China, Is The Real Destroyer Of America's Trade Balance

UBS's head of Asia-Pacific economics argues that the real global trade imbalance isn't U.S.-China, it is U.S.-oil. As shown below, current account surpluses from fuel exporting-nations have been a far larger driver of total global trade imbalances coming from emerging markets.

China's current account surplus (in blue) has been large in recent years, as a percentage of the global economy, but it has been dwarfed by fuel exporters (in green):

Chart



Jonathan Anderson of UBS, via Caixin:

Looking at the movements from the late 1990s through 2006, when the overall U.S. deficit worsened from 2 percent of GDP to nearly 7 percent of GDP at the trough, a full three percentage points of that adjustment came from other advanced economies and from fuel imports; only two percentage points came from China and other non-fuel emerging markets. And the recent drop in the U.S. deficit had almost nothing to do with China; again, it was oil prices and developed trade that explains the entire swing over the past 18 months.

Heart attack is over......

Easter damn near killed me.

Didn't do much for Jesus either.

Thank God for insurance. I died and was resurrected by the medical team at the local hospital and then flown to Couer d' lene for  a stent.  5 days in the hospital and I'm back home. Now I get to fuck off for awhile.

Every tragedy has a silver lining.

This is our Congressman at work.....

You got to hear this moron to believe it.


Not An April Fools Joke: 8000 Additional Troops in Guam Might Sink the Island

A perfect example of government incoherence:

Rep. Johnson: Twenty four miles long, about seven miles wide at the least widest place on the island and about twelve miles wide on the widest part of the island. And, ugh, I don’t know how many square miles that is. Do you happen to know?

Navy Admiral: I don’t have that figure with me sir. I can certainly supply it to you if you’d like.

Rep. Johnson: My fear is that the whole island will become so overly populated that it will tip over and capsize.

Navy Admiral: We don’t anticipate that.

The response from the [unnamed] Navy Admiral is very controlled, but we have no idea how he kept from laughing in Representative Johnson’s face.

The most alarming thing about all of this, is that Rep. Johnson will probably be re-elected.

Same thing happened to me .......

1990 I got hired with paid training for census work. Same year the homeless didn't get counted. They couldn't get any "homeless" to apply, I guess. By the way, homeless don't vote, pay taxes, work or give a shit.

Heh heh.


Hot Air » Blog Archive » Hundreds of Census workers trained, paid … and laid off

If today’s employment report showed some mixed results, thanks to a temporary boost in Census Bureau workers for the decennial survey, then the news out of Northern Virginia may spell a disappointing April. Yesterday, hundreds of Census workers hired to go door-to-door in group home settings like dorms and prisons got pink slips after getting paid for three days of training. It turned “Census Day” into a particularly ironic April Fool’s joke

You can't make this stuff up..........

The bought and paid for shills for the gangsters running the banking industry are going to reform the system by giving the gang who got us into this mess, the FED, power to to screw us right next time.

Robert Kuttner: Next, Banking Reform

The Dodd bill that will come before the full Senate later this spring is slightly worse in some respects, slightly better in others. The bill does include a version of Obama's call to restore the Glass-Steagall wall between commercial and investment banking (the "Volcker Rule"); but where the House bill created an independent consumer financial protection agency, the Dodd bill places this new agency, of all places, in the Federal Reserve. It was the Fed's total failure to enforce consumer protections on the books that invited the abuses that caused the collapse.

Duh! Home sales suck.....

How many future home buyers have jobs and credit. Most banks are screwed by the fast buck artists and broke dicks not making payments. Why are these people surprised the government is going to have to buy down all these shit loans and probably evict a bunch of voters.

I know several people who haven't made a house payment in years. Nice racket if you can keep it. Of course we will all end up paying for all these scams and for all these deadbeats, but what else is new.

Of course we can't get any  improvement until jobs comeback and most people finish paying off the past debt. Those of us with jobs and credit will be able to pick and choose during the coming boom. Might as well get it while the getting is good as it won't last long.  Housing is not affordable to the average working stiff but that will change.  (Think manufactured as in Mobile homes.)
Right now the only way most people  can buy is with handouts and mortgage gimmicks. Even the crooks in Washington will run out of  schemes then it will get interesting.

I figure the boom hits in 6 or 8 months as all that printing press money hits the construction industry as the Dems need to pay off the unions very soon and keep their jobs.

After all that's what politics is all about.

On the home front I'm subscribing to a credit watch at Equifax as I'm gearing up for the future. I didn't do it during the last boom and couldn't get the credit I needed to stay in business. As soon as my truck broke down I was fucked. And being in business is the only way to beat the coming taxes and regulations that are coming. Of course, if we get a bigger bust I can max out and retire to Mexico, heh heh.

Housing and Real Estate: New Home Sales Show Market Continues to Struggle - CNBC

The Commerce Department said on Wednesday sales of new single-family homes fell 2.2 percent to a 308,000 unit annual rate from 315,000 units in January. Markets had expected sales to edge up to a 320,000 unit annual pace.

In a second report, the department said orders for long-lasting manufactured goods rose 0.5 percent in February, rising for the third straight month, and January's figures were revised sharply upward to show a 3.9 percent increase.

Markets had expected orders to gain 0.7 percent in February from the previously reported 2.6 percent rise. U.S. stock indexes slipped slightly on the housing report, while Treasury debt prices were steady at lower levels. The U.S. dollar was unchanged.

Who says crime doesn't pay?....

These crooks bought Wamu for a song and raised my interest rate on my credit card from 12% to 29%. And they keep it there even though my credit score has topped 750. As long as they don't put a yearly fee on it  I'll keep it open but they ain't getting a dime out of me.

Especially when other companies are making cards available again. (the only positive sign in the economy we've seen in a couple of years.)

AllGov - News - JPMorgan Chase May Get Billion-Dollar Tax Refund to Offset Recession Losses

PMorgan Chase & Co. may enjoy two helpings of tax relief thanks to a little publicized stimulus provision that permits banks and businesses to apply loses from 2008 or 2009 against taxes paid in the previous five years. This break could mean a tax refund of $1.4 billion based on JPMorgan’s own operation, plus more than half of the $2.6 billion due to Washington Mutual, which it took over after WaMu’s collapse.

Another dose of truth..

Pretty obvious that sending 20 dollar an hour jobs overseas is not a good idea unless your profiting from it. Toyota's closing down plants here and will send them overseas because Oba mama's gang is trumping up some relatively minor problem  (supposedly peoples cars are accelerating by themselves and these college grads can't turn off the key or put the car in neutral.)

Must be Toyota's fault that Ford recalls a million or so vehicles, including a recall last year of my 10 year old truck.

The media and the whores in government motors didn't tell you that did they?

Paul Craig Roberts: Good-Bye

Truth is inconvenient for ideologues.

Today many whose goal once was the discovery of truth are now paid handsomely to hide it. “Free market economists” are paid to sell offshoring to the American people. High-productivity, high value-added American jobs are denigrated as dirty, old industrial jobs. Relicts from long ago, we are best shed of them. Their place has been taken by “the New Economy,” a mythical economy that allegedly consists of high-tech white collar jobs in which Americans innovate and finance activities that occur offshore. All Americans need in order to participate in this “new economy” are finance degrees from Ivy League universities, and then they will work on Wall Street at million dollar jobs.

Economists who were once respectable took money to contribute to this myth of “the New Economy.”

makes you wonder, doesn't it?.....

Just what are the other 21% are smoking?

Fox Poll: 79% Fear Economic Collapse | Ron Paul 2012 | Campaign for Liberty at the Daily Paul

A Fox News poll revealed Tuesday that most American voters believe it’s possible the nation’s economy could collapse, and majorities don’t think elected officials in Washington have ideas for fixing it.

The poll finds that 79 percent of voters think it’s possible the economy could collapse, including large majorities of Democrats (72 percent), Republicans (84 percent), and independents (80 percent).

And just 18 percent think the economy is "so big and strong it could never collapse."

Voters are clearly concerned with rising deficits and massive government spending places like the new healthcare overhaul.

Time for another tax break....

The last one, buyers credit, expires next month. Obviously didn't amount to much. Need to give the credit to anyone not just new buyers and people who haven't bought in 5 years. I might consider buying a place in Florida if they do.

By the way, something interesting going on with the FICO scoring system. After 3 years of using my credit card my score went from 580 too  over 750. It doesn't hurt to have a job for 3 years but they didn't no that .Now every fucking bank on the planet is offering me credit cards. I finally took couple. The last is from Simmons bank at 7.4%.

 (Hey they forced me too.)

Now if I can borrow a couple of million from these gangsters I would be blogging from Brazil. Heh heh.

U.S. existing-home sales fall 3rd month in row - MarketWatch

WASHINGTON (MarketWatch) - Resales of U.S. homes and condos fell 0.6% in February to a seasonally adjusted annual rate of 5.02 million, the lowest level in eight months, raising doubts about the durability of the housing recovery, the National Association of Realtors reported Tuesday. Sales of existing homes have fallen three consecutive months after rising steadily through the fall in response to a federal subsidy for first-time home buyers. The tax credit has been restored and expanded to repeat buyers, but there has been no increase in sales yet. Inventories of sales on the market jumped in February, rising 312,000 to 3.59 million, the highest since September.

Boo Hoo we get health care.....

Bail out the rich but don't give the working stiff an aspirin. Of course the government will take over the industry because that's what governments do. History teaches us that once the public gets their heads in the trough of "free" money it all gets to be free. We'll pay for it by robbing some oil producing country or two or bankrupting the world's monetary system. (Not pretty.)

That's what empires do. Once you start an empire you have to ride it out. Personally I'm trying to get in on it because there's no choice. We just need to get through it until something else takes over.  No country ever before has taken empire so far. America controls everything. Especially the as far as her military  rides herd over the whole planet . She can buy or crush any country's conventional forces at any time of her choosing.

We're just run by gangsters, is all.

Be as it may all we can do is bitch and grab our asses while it runs it's course and make the best of it. because it's course is inevitable. It has to expand or implode. I'm leaning toward the implode side because that's what empires do. In due time they disappear.

What took them so long?......

Maybe we'd  have less bashing from the gangsters in Washington if Toyota would just  back to building cars back in Japan. Maybe that's Oba mama's idea after all. After all, since they own GM, they hate competition .

On the home front, Patti and I should have the mobile home paid off by my birthday. Got a new credit card with $6000 on it the other day and am waiting for another one at a cheaper interest rate hopefully another $5000 or so. We now have plenty of credit at the credit union if, and when I need it.

As I've been writing about, the boom and bust cycle will accelerate and make an even bigger mess next time. Watch the price of oil the only "real" money. If it doubles, head for the hills. Collapses borrow like crazy as the boom will be spectacular. Everything will go up up up.  Debts become worthless as money loses value. That's why I've recommended the buying of food. I've been right on so far. Check your grocery store  prices.

Personally, I'm gearing up for a new vending business as I like to travel. Probably go into selling food. Even broke dicks have to eat. And the government  will make sure they have the money!

Why else would anyone vote for these guys... FREE MONEY!!!!

 Another good business is buying cheap mobile homes and reselling for twice what you pay. Need cash to do it but pretty easy to do. Just have a title company handle the details and collect the payments. I pay $4 a month for the piece of mind knowing my title is safe as I make payments.

The Coming Economic Depression: Toyota Closes Last California Plant: 4600 Unemployed

FREMONT, Calif. (AP) — The United Auto Workers and Toyota have agreed on terms to shut down the Nummi plant that employs 4,600 workers.
It is California's sole remaining auto plant.


The terms weren't disclosed Monday but include a pay package when the plant is shut down April 1. The agreement is subject to a ratification vote by the plant's 4,600 workers. The UAW says a vote will probably take place later this week.


Messages left Monday with Toyota and the UAW were not immediately returned.
Toyota said earlier this month that it will spend $250 million assisting employees at the factory.

Need to read this as it hit's the spot.....

When everybody get's a government check everyone supports the government in order to keep their check. Nothing can stop the snowball of debt that crushes every empire to date. If anyone gets in the way because they are perceived to change the status quo they are laughed off the national stage.

Ask Ross Perot, Pat Buchanan, Ralph Nader,Sarah Palin, etc. Not exactly an accident, hmm?

Does anybody ACTUALLY believe we can change the destiny of this crippled empire? I wish I could... | Ron Paul 2012 | Campaign for Liberty at the Daily Paul

I am a finance and economics major at Florida State University and I work as a bagger at Publix SuperMarkets in Tallahassee, Florida. Publix is an average grocery store chain in the southeast. I got to look at my store's financial statements (the balance sheet, income statement, and cash flows statements). My store does about a million dollars a week in business (revenue). Out of that million dollars, four hundred thousand, or 40% of that is directly from the Federal Government in the form of food stamps. I can't even guess what the percentage would be if you included money from social security and every other government handout. Very few people at my store pay for their own food with their OWN saved money. This is the utmost demonstration of DEPENDENCE that I have ever witnessed. Not only for the 'poor' people, but Publix and every other government-subsidized grocery stores.

What I honestly see the most is that the person will pull out their food stamp card (which ironically has a giant U.S flag on it, giving the impression that you are entitled to food stamps as an American which you aren't) and pay for an assortment of high grade foods such as steak, chicken filets, premium spices and sauces, steamed spicy shrimp, crab legs, full subs from the deli. Food that people on a tight fiscal budget should ABSOLUTELY NOT be purchasing. After that is done, they will whip out a wad of cash and pay for the 2 cases of Miller High Life that the food stamps won't cover. This infuriates me so much as I bag their groceries they bought with my tax dollars with a smile on my face. Sometimes I think bad thoughts and am glad that these people will be unprepared for the true crisis that awaits them.

Somebody screwed up.....

Not often the scum get punished. Must of pissed somebody off. Conyers maybe ran for the hills over his wife getting caught bribing. Greed will eventually get you, I guess. But look how many years it took.

Conyers' wife sentenced to 3 years - Washington Times

DETROIT (AP) | A former Detroit City Council member was sentenced to more than three years in prison Wednesday for bribery after a federal judge refused to set aside her guilty plea during a stormy court hearing dominated by a dispute over evidence of other payoffs.

As guards cleared the packed courtroom, Monica Conyers yelled that she planned to appeal. The wife of U.S. Rep. John Conyers Jr., Michigan Democrat, wanted to withdraw her guilty plea, suggesting she was the victim of "badgering" last year when she admitted taking cash to support a Houston company's sludge contract with the city.

But U.S. District Judge Avern Cohn, reviewing a transcript of the June hearing, said Monica Conyers had denied any coercion and voluntarily pleaded guilty to conspiracy.

Cure for health care for everybody.....

Health savings accounts.

if you insist on giving people coverage, this is the way to go.  I put in $2400 and Walmart puts in $600 and my deductible is  covered. Tax deductible for both of us. If I don't use it by age 65 I get to blow the money.  If I use it I have a $3000 deductible, then if it's a serious health issue, I have to pitch in an extra $ 400 bucks as co-pay and I'm covered for life on the illness. In other words, after $5000, I don't have to worry about a cancer treatment or heart attack, etc.

At 65, I qualify for medicare, and get my coverage there. Though why we don't fix medicare and put everybody on it is beyond me. Probably because everything the government does is a fucked up mess. (VA anybody?) Wait until you see ObamaCare.

But this politics. Money. lawyer and big Pharma money. Plenty of big buck jobs for politicians and especially for wives, husbands, children, etc. Millions thrown around. The corruption is unbelievable.  Prostitution, homosexual scandals, spouse on the take, bribery, etc. etc.

And we ain't talking Rome here. Nope, America!

Oil is the only real money......

No  oil we starve. No oil we walk. No oil we kill everybody to get it. That's what it's all about. The oil producing people have declared war on us and have used our financial elites to stick it to us. Why else would gas prices go up in a depression?

Eventually the crooks in charge will get theirs and we begin to drill here. Until then expect samo samo. None of the political elites seem to be on our side. You sure can't trust either party. So we hunker down in the twilight of our empire and wait.


America’s Commodity Crisis – 2010 Edition « Phil’s Favorites – By Ilene

America’s Commodity Crisis – 2010 Edition

Courtesy of Phil’s Stock World, by Phil

Commodities are a TAX. They are the worst kind of tax because they flatly (not progressively) charge every man woman and child in this country more money for the same food, fuel, shelter and clothing that they had to have last week in order to live. It doesn’t matter if those people are trying to save or trying to tighten their belts or trying to get out of debt – high commodity prices are a shake-down that rips money out of the pockets of the middle class and funnels it to the very, very small class of commodity producers, commodity speculators and the people who finance them and collect the fees.

Over 99% of the people in this country do not own mines or oil wells (and I’m not counting small farmers because they are literally raped by speculators and bankers, often leaving them worse-off than the consumers) or huge plantations and they do not buy futures contracts on margin with cash they borrow at prime plus 0.5% nor do they own tankers filled with 2M barrels of crude that they arbitrage along the crack spread, looking for an opportune moment to deliver their goods (hopefully during a crisis) at a maximum profit.

So 99% of the people in this country don’t even own a commodity ETF – they have no way to profit from high commodity prices and they need to eat, and they need to buy clothing and have shelter and they need fuel to heat or cool their homes and go from place to place. There is a word for people like that, at the bottom end of a transaction they have no control over – VICTIMS!

I must be psychic.....

Without buying all these bad debts the economy disappears. Expect the government to keep pumping the paper money into the world. Only chance the elite have to save themselves from the rope. I'm not optimistic at this time.

By the way, we bought 14 million new guns last year.  Even democrats bought some. They must know something. Heh heh.


Daily Digest - Daily Digest - March 3 - Mar. 3, 2010 - Blogs at Chris Martenson - Daily Digest, Economy

Government-sponsored enterprise (GSE) Fannie Mae (FNM: 1.00 +1.01%) said Monday it expects to purchase from 150,000 to 200,000 delinquent loans out of single-family mortgage-backed security (MBS) trusts during March. The clarification of Fannie’s delinquent buyouts answered some industry questions about the time line of the buyouts and the scope of delinquencies among product time, according to analysis this week by Barclays Capital. This month will mark only the beginning of Fannie’s plan to buyout loans 120+ days delinquent.

Makes my point doesn't it.....

Take us off gold and use oil for a standard and you get inflation.

Period.

We ain't seen nothing yet. We are still crashing. House, jobs, credit, and everything else for us working stiffs, Check out you savings, if any, or the equity in your house. The government needs to put even more money into our hands to "stimulate" the fucked up economy.

They will!


Schaef Report: The Fed Playing God with Our Money (November 2009)

Let’s just say, for example, that our government still followed the Constitution. I know it may be a stretch, but try to use your imagination. Would our currency be falling in value? No! And I can prove it. Until 1965 the United States made its quarters with 90% pure silver (10% copper to add strength). A 1964 quarter had 6.25 grams of silver back then, and back then 25 cents would buy you about one gallon of gas. Today 6.25 grams of silver is worth $3.13. So today you could cash in a 1964 quarter at a precious metals dealer and still buy yourself about one gallon of gas. Now, that’s what I call consistency!

Goodby Walmart.....

If this doesn't do it nothing will. Unless they start buying trinkets and junk elsewhere. Time will tell if China collapses. You can bet that everybody is scrambling for back up sources.

China's Real Estate Bubble Is Being Inflated By Local Governments - DailyFinance

The actions of those local authorities are at the heart of China's property bubble, and they explain why the central government's attempts to cool lending and construction are failing.

China's central government has attempted to douse the speculative flames of its real estate bubble -- prices rose 9.5% in January alone -- by calling on banks to curb real estate lending and by increasing the level of reserves banks must maintain. But those moves are offset by the incentives local governments have to put money into real estate speculation.

The key difference between China's current real estate bubble and the U.S. bubble that popped in 2007 is this: In the U.S., it was individuals and lenders who made overleveraged, speculative bets via subprime mortgages. In China, explained Northwestern University researcher Victor Shih to NPR, the leveraged debt fueling the speculation comes from local governments, which have borrowed trillions of dollars worth of funds from China's banking system to develop real estate projects in their jurisdictions.

Shih has found that almost 50% of the Shanghai government's revenues come from land sales, and local governments have come to... more.

Huh?........

Hmmmmm. Imagine going home to the old lady and explain this little "accident."


Dwarf's penis stuck to vacuum cleaner | The Daily Telegraph

Dwarf's penis stuck to vacuum cleaner

* From correspondents in Edinburgh
* From: AFP
* August 21, 2007 6:39AM

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A DWARF performer at the Edinburgh fringe festival had to be rushed to hospital after his penis got stuck to a vacuum cleaner during an act that went horribly awry.

Daniel Blackner, or Captain Dan the Demon Dwarf, was due to perform at the Circus of Horrors at the festival known for its oddball, offbeat performances.

The main part of his act was for him to appear on stage with a vacuum cleaner attached to his member with a special apparatus.

The attachment broke before the performance and Mr Blackner tried to fix it using extra-strong glue, but unfortunately only let it dry for 20 seconds instead of the 20 minutes required.

He then joined it directly to his organ. The end result? A solid attachment, laughter, mortification and ... hospitalisation.

"It was the most embarrassing moment of my life when I got wheeled into a packed A&E with a vacuum attached to me," Mr Blackner said.