The world turns....

Got a new computer yesterday and now need a new tv to hook it up to since I didn't buy a new monitor. Still need to find an internet service that doesn't cost a fortune. I can get on at my son's house or the library for free but I would still like a hook up at home.

Still think the governments lying about the recovery. People still losing jobs even with government handouts. Bail outs seem to be a joke

And what about gas going nuts again. Watch out for food prices this winter. I'm still stocking up for the mess we are in for after all this debt and handouts reach full bore.

Stay tuned.

How's the recovery working for you?.....

The collapse is only beginning. We run out of foreigners to borrow from and poof. But it will be awhile.

We have to retire all the broke dicks in my generation first.

Another day........

I'm waiting for Oba mama to throw in the towel on health care ala Canada. He should have gradually reformed Medicare and stuck all non-vets into it. Let's say every year reduce the age of eligibility by 5 year, (60, then 55, then 50 etc.)

Something wrong when you have Congress and the Presidency and can't do jack shit.

Heh ehe.

Recovery?

Tear down all these houses and start over.. Great for jobs. I'm sure we'll find enough foreigners to lend us the money.

After all, we now have a black president and they all think he's cool. Whoops! My bad! Not supposed to say that, sorry. (NOT.)

I made 20 bucks on my retirement this year. Walmart, though, gave me $400. I'm going whoring. (Heh heh)  At this rate we'll be gardening and fishing to eat.

Along with a million or so other broke dicks.

In July, Tampa officials bought the home from Bay Holdings Inc. for $28,800, roughly $110,000 less than the previous owner paid for it three years ago, and sent in the bulldozers.

The demolition marked the beginning of Tampa's new program to buy foreclosed and abandoned homes in neighborhoods hardest hit by the nationwide mortgage crisis.

Eventually, a single-family home will be built on the property.

Money to buy the properties is coming from Tampa's $13.6 million share of funds from the U.S. Department of Housing and Urban Development's $3.92 billion Neighborhood Stabilization Program, an emergency response to escalating foreclosures nationwide.

Mayor Pam Iorio's plan calls for buying about 80 foreclosed homes to fix up to be sold or torn down. An additional 30 foreclosed properties will be bought and rehabilitated as rental properties. Both of these steps are requirements of the federal program.

Sulfur Springs, North Tampa and West Tampa have been identified as target areas, based on the high rates of subprime mortgages, mortgage defaults and delinquencies.

The city plans to work with local nonprofit groups and charities to find eligible buyers. The money will not be available to homeowners currently facing foreclosure.

Reinstalled windows....

Computers are a pain in the ass. Had my fair share of crashes last week. Lost my cd drive. Couldn't get on the net and lost all my settings for my blog editor, Scribefire.

I think we need a "cash for clunkers program" for shitty windows.

Anyways the economical crash has slowed down. In anticipation of all the stimulus money yet to come, is my best guess. Gas goes up because the gangs running the oil companies need the money so they can buy our National Debt. We used to blame it on the"big oil companies" but they have very little to do with compared to Governments like Saudi, Russia, America, etc.

This happened in the early 70's when Nixon sold these clowns all those weapons to protect them from those touchy Jews. So, in order to buy all this protection (Jews got it free) these gangsters simply Jacked up the oil prices and  gave us our money back.

Welcome to the plan!

P.s we still are floating in oil. Not politically correct to get it and it lowers prices. But what else is news. We're still a few years, probably 10, from the collapse of the world economies. But who's counting?

Where's my check?

Need any more proof that the fix is in just check out oil busting 70$ A BARREL.

Who can afford to drive other than the gangsters in power?

The 10% (officially) unemployed. Wait a couple of months and we'll need to get that bike tuned.

Hey! How about cash for junk Chinese bikes?

Welfare for car dealers.....

Cash for clunkers is off to a roaring start. Anyone with good credit, job, and an old piece of shit for a car can trade it in for a new one and get a big welfare check.

What happens when we run out of junkers and customers that qualify?

Why just make everybody and their junkers qualify. Then give everyone a check to buy two cars.

Hell why not? Welfare works to keep the cigarette and beer guys in business doesn't it?

And don't forget the farmers. Where would they be with out handouts, hmm?

Walmart had a bad quarter....

Sales down about 10%. Company had to cut everybody's hours next week to make the quarter look better for Wall Street.

Wouldn't want the suckers to see even Wally World is startint to hurt.

Wait til unemployment hits 12 %, heh heh.

Wait til you see the bill for this baby.....

We'll be paying through the nose for this little Dem fraud. Can't wait. First tax "the rich" who'll take it out of our ass. Then soak us because the rich will be able to buy their way out. Then pass the buck to the Government anyways because we'll all be unemployed.

Call it "soak the foreigners". After all they have our money.

Almost Daily Rant: Cap and Trade - Another Fraud

The Waxman-Markley American Clean Air and Security Act of 2009 (ACES), cleverly paraded as an earth-saving, energy independence bill that lowers pollution, is a draconian measure of taxation and government control.



The sad irony for me is that this bill will make it more difficult for the average person to transition to a lifestyle less dependent on centralized systems in order to deal with the converging crisis of our times – many of which, such as energy, food and fresh water shortages are environmental. In years to come, we face enough scarcity as it is, and the current subsidies that keep prices artificially low are unsustainable.



For decades government manipulation, from tax incentives to military interventions to irresponsible monetary policy has destroyed real market signals resulting in years of privatized gains and socialized costs at the expense of the average person and the environment.



Now we are believe that the solution is to give the EPA czar-like authority and a pollution permit allocation scheme that will continue to socialize costs through trickle down taxation.



Once again, in great haste the House of Representatives has scrambled to pass a bill with huge implications without having the chance to digest, analyze and summarize the 1200-page proposal, which was being revised up until the final minutes before the July 4th break.



It happened with the Patriot Act, then TARP and now ACES.



If bills were actually good for the population, then there would be no rush to push them onto the floor. But, since an informed electorate is the worst enemy of proponents of this type of legislation, they had to act fast before Americans had a chance to absorb the huge implications under cover of a constant deluge of Michael Jackson tributes in the media.



I usually avoid the global warming debate because even if humans do contribute to global warming, a combination of slowing population growth in the developed world and peaking out of easily accessible oil, natural gas and coal will offset the effects. If you do want to debate the science a growing number of scientists and Americans in general dispute the impacts of manmade warming. Even if you are are an advocate of global warming, then you know that the impacts of the bill on climate in the best case are negligible.

I'm sticking with Japanese junk.....

Can you believe it? In the 70's no one bought "Jap Junk."

You think selling these companies to foreigners will do any good?

Heh heh.

Of course we can always buy a car from Oba mama at GM.

Substandard Chrysler « LewRockwell.com Blog

The “New” Chrysler will be every bit as bad - no worse! - than the “Old” Chrysler. I’m still looking and thinking about that new vehicle, when the time is right, and none of my first 5, 10, … or 100 choices are an American-made car. Now, that door of possibility - if there was one - is slammed forever. I’ve been driving a 2003 PT Cruiser lately, to get from here to there, and, as usual, it’s been nothing but problems. Two issues in particular show me how unbelievably incompetent this company is. When I first bought the car (used) in magnificent condition, I bought new Pirelli tires and I noticed they kept getting low on air, and eventually, I could no longer keep the left front tire from going flat. Problem? I took it to two tire dealers, and both guys I talked to knew exactly what it was when they saw the PT with the factory chrome wheels. The PT Limitied Edition has a long, sordid history of the chrome wheels being defective in that the clear coat chips off the inside of the wheel, causing big, rusty, cracked flakes to gather between the wheel and tire, flattening the tire. I’ve been told it’s a massively common problem, even with PTs newer than mine. It happens to almost anyone with the PT and factory chrome wheels. They kept shaving the wheels until finally I had to go out and buy new ones.

How's Ob's economy coming along?.......

See any green shoots at your house? Unemployment at official 9.5%. 7 more banks bite the dust. Banks holding foreclosure moratoriums. (Not enough manpower to do them anyways.)
Walmart cutting hours as sales slide.



At this rate we'll all be in the poor house by Christmas. Next thing you know they'll have to send us another check.

Make mine a million, please.

Bankruptcy has it's attractions....

Screw them all. Next thing you know they'll be taxing themselves out of existence.

Not a bad thought.

By the way having internet problems right now. Need new company.

oftwominds: Devolution: 20 Predictions

As cities, counties and states default on their obligations and unemployment insurance runs out, devolution sets in.


While some see a collapse of society in our future, right now I see devolution, not revolution. Devolution is both the process of degeneration and the surrender of governmental powers from central authorities to local authorities.

Devolution will take many forms. The key driver behind devolution is simple: there's not enough money to fund the status quo, so something has to be cut, axed, trimmed or devolved. Examples already abound: the number of school days in the year are reduced to shave expenses, two-times-a-week trash pickup is cut to once a week, etc.

The key constraint on devolution is also simple: the status quo power structure must be left intact. Nobody will willingly surrender their power, so devolution means services and front-end expenses will be cut in order to protect back-end administrative powers.

Thus public union bosses won't be suffering any big cuts in pay or benefits, and neither will their municipal and state administration counterparts. (Of course there will be symbolic cuts for PR purposes, but nothing deep.) What will be cut is part-time librarians, custodians, county park staff, etc.--the powerless people who actually serve the public.

As the states run out of money, they will surrender some limited powers to local authorities as a mechanism for ridding their budgets of certain costs. As cities and counties go broke, then they will devolve some modest authority to non-profit groups or volunteers.

I've made this point before.........

Oil price manipulation is responsible. With a large dose of government thrown in.

I try to explain to people that a 5 cent Hershey bar  in 1970 has increased in price to $ 1 or so. Did our wages buying power go up?

Hardly.

$75 dollars a week in 1970 buys abject poverty today. People lived on it then.

But oil rules. we needed oil and the Arabs needed weapons. They sell oil, we sell weapons. Raise the price of weapons, raise the price of oil.

Everything revolves around the "black gold".

Everything!



The Great Depression of 2006: Government Inflation

For simplistic purposes (for which I deserved to be shot) assume that the cost of government has remained about the same (as has a pack of smokes)(try to keep a straight face). Back in 1964 a pack of cigarettes cost 25¢ and minimum wage was $2.00. If you do the math, one could buy 8 packs of cigarettes for one hours labor. Let’s progress forward to now. Cigarettes are $5.50 a pack. Extend out the 8 packs per hour and we arrive at $44 dollars for an inflation adjusted minimum wage. This calculated wage is more than most people today are making per hour, so it seems pretty absurd.

What we are looking at, is forced inflation by government legislation. Our wages are not increasing, and at the same time, more of what we ha

This is how the "Empire" is financed......

No one can take this power structure apart. It has to rot and fall under it's own weight.

What's interesting is that anyone really gives a shit. What with Jacko dying and all.

Of course he was important in the scheme of things.

He was???

Obama Sells Big Pharma-Corporate State Ripoff « LewRockwell.com Blog

Obama Sells Big Pharma-Corporate State Ripoff
Posted by Karen De Coster on June 23, 2009 07:52 AM | Post a civil, substantive, and intelligent comment

Is there something wrong with this headline on Bloomberg News today? “Obama Gets Drug-Industry Booster With Pledge That Keeps Elderly Medicated.” Here are a few snippets:

The pharmaceutical industry pledge includes $30 billion “that could be used” to provide discounts for medicines, said Reid H. Cherlin, a White House spokesman. That will help narrow a gap in Medicare drug coverage known as the doughnut hole. The allowances will encourage patients to remain on expensive brand- name medicines even when cheaper generic copies are available, Tim Anderson, an analyst with Sanford C. Bernstein & Co. in New York, said in a note to clients yesterday.

“Filling the doughnut hole should help seniors stay on their branded therapies and lessen the tendency for seniors to switch from brands to generics once they hit the donut hole,” Anderson said. “This is critical because once patients convert to generics, they seldom revert back to the brand and are essentially lost to cheaper generics forever.”

This entire deal is nothing more than corporate state-special interest politicking on the part of Big Pharma, Big Government, and enriched special interests, with all players openly admitting their very specific goals. As the article clearly states, Big Pharma is willing to cut slightly into its profit margins in exchange for turning people - especially the elderly - into lifetime customers. Perpetual drug zombies buying their patent-protected, overpriced drugs. Another part of the deal is that government has promised it will “inoculate” Big Pharma from proposed regulations that would cost it some more dough.

Good.......

If the state can't borrow, you have to balance your budget! Raising taxes on broke dicks doesn't work. 

Just get Oba mama to do it. We will pay. One way or the other!

Duh!!!! Heh heh.

S&P warns California's credit rating is at risk of another cut | Money & Company | Los Angeles Times

California's credit rating, already the lowest among the 50 states, may be hacked again, Standard & Poor's warned today.

As the debate over budget cuts drags on in Sacramento, S&P put its "A" grade on the state's $59 billion in general obligation bonds on "negative credit watch," meaning the rating is at risk of a downgrade.

Using language that could further spook bond investors, S&P said, "Although we continue to believe the state retains a fundamental capacity to meet its debt service, insufficient or untimely adoption of budget reforms serve to increase the risk of missed payments in our view."

The Legislature and Gov. Arnold Schwarzenegger are facing a $24-billion budget shortfall, and Controller John Chiang has warned that the state could run short of cash beginning July 28, just one month into fiscal 2010.

Noting that time is running out, S&P warned:

Both the timing and magnitude of the state's impending liquidity shortfall raise significant credit concerns, in our view, particularly if the state were to begin fiscal 2010 without having meaningful budget revisions in place. We believe that without budget revisions, the state may need to defer (or issue registered warrants in lieu of making) cash payments for certain lower-priority obligations (such as vendors, student aid, and tax refunds) in order to preserve cash for required payments for education and debt service.

Were the state to do this, or if it were to adopt a budget package that relied on assumptions that we regard as too optimistic or that relied on mechanisms for bridging the projected shortfall through at least fiscal 2010 that we regard as unreliable, we may consider lower ratings.

Any downgrade could spur investors to force the state to pay even higher interest rates when it borrows. Market yields on California's general obligation bonds already have surged in recent weeks as the prices of the bonds have fallen, reflecting investor jitters.

Broke dicks live pay check to pay check......

Raise taxes or gas prices and they collapse like a house of cards. These are the people who stand in line to get their checks so they can buy milk.

Or beer. Think they'll use government health care by the millions?

Spend and borrow, spend and borrow. Didn't work for them, won't work for Oba mama's plans either.

American Thinker: Recovery When? How About If?

1: Energy. While it is conventional wisdom that our economic woes stem from the bursting bubble in the housing market, few consider the needle that did the bursting.

When gas more than doubled in what was just a period of months, household budgets got devastated as trips to the grocery store and the pump took more and more of the limited dollars of the sub prime borrowers' budgets. This led to the next domino:

2: Housing Crisis: People needed to eat and get to work more than they needed to pay a mortgage they had not invested a down payment in, so they quit paying those mortgages in huge numbers.

So the gas domino nudged the sub prime mortgage domino -- which then toppled dominos in both the mortgage market in general and in housing prices. More and more mortgages were in trouble making more and more houses available making those houses worth less which in turn motivated more and more people to default on these mortgages.

It makes sense. If you have a 250 thousand dollar mortgage with no down payment, and that house is suddenly only worth 175 thousand dollars, why in the world would you worry about paying the mortgage since your gas and groceries are suddenly taking all your money to begin with? Well, many did not and still are not bothering to pay those mortgages. This led to another domino that very few saw coming:

One of the gret scams..........

Our prisons, "PUBLIC SCHOOLS."

On Not Locking Your Children Up in Public Schools « LewRockwell.com Blog

I just wanted to take a moment to praise your recent article, Pep Rallies and Public School. I am finishing up my 5th year of homeschooling my two children, and books like Dumbing Us Down, John Taylor Gatto’s searing commentary on being a teacher, were instrumental in our family’s decision to take our daughter out of school 6 years ago. My son has never had the humiliation of being locked up for even a day, a fact for which I am extremely grateful. My husband and I, unfortunately, received the “whole package,” that is, public education, and were sufficiently brainwashed to participate in such banal, nonsensical things as pep rallies, needing a note to pee, taking timed IQ tests, acting like caged animals on the last day of school, teasing our younger/or dumber classmates, etc. The list of degradations, ours and that of our peers, is a long one. Of course hindsight is 20-20, and it seems normal when you’re in it. Sad, no?

Anyway, kudos again for bringing up this taboo subject. The path to personal liberty is certainly a road less traveled, and I believe it will remain so unless compulsory public schooling is banished. However, the group-think, Prussian model is so entrenched in our culture, that merely mentioning the idea of dismantling public education will get you horrified looks of astonishment, if not ostracism from your social circle. Even in a community of faith this is true. When our family began this journey, we thought our church family would be some of our biggest supporters. What we found was, very few supported us. In fact, in our small town, a large portion of our church is employed by, or involved in some capacity, with the school. The grip on the community is almost total. No one could fathom the idea of their town without a school to “rally-round.”Add to that the fact of it being a fairly predictable “gravy-train,” and you have an institution that will be close to impossible to abolish. But a girl can dream, can’t she? Essays like yours will at least inspire some to think about the subject.

Kill off the rich.....

Sooner we raise taxes on them the sooner the Empire dies. That's where the money comes from to run this mess.

That's how we get rid of America. Run the guys out of business so we all work for the GOVERNMENT. Be in socialist paradise then.

Where else is wealth created? I guess we could  steal it from small oil producing countries, right?

Taxing the Hell Out of the Rich Isn’t the Answer | AllFinancialMatters

LOL comes across as almost hateful towards the rich, the vast majority of which worked their butts off and made great sacrifices to get where they are. I get the feeling that LOL thinks that most rich people woke up rich.

Personally, I think the middle class’ struggle has much more to do with their inability to prioritize. I would suggest that LOL read The Millionaire Next Door* by Thomas Stanley and William Danko. In that book he will find that most millionaires drive old cars. Take a look around at what most “middle class” people drive and you will probably see that they are driving cars and SUVs that they really can’t afford. Imagine how much money could be saved if we didn’t have to drive $50,000 SUVs.

For example, I was dropping my daughter off at daycare one day and this young woman pulled up in a BMW 740. For those of you not familiar with cars, the BMW 740 is around $80,000 brand new (I could have purchased THREE of my cars for the price of her BMW). No, I do not know this woman’s situation—she could be wealthy and can afford a BMW 740 without harming her finances. But, going on the averages, I would have to say that by driving that car she is forsaking some other important area of her finances.

I think the middle class suffers from the “I deserve it” syndrome.

Take a look at the houses being built these days. They are freaking huge (and freaking expensive)! I grew up in a 900 square foot house (plus a basement) and we were a family of five! We had one bathroom. Yes, times have changed but these bigger homes cost more money and they cost more to maintain. All of this means that they are requiring resources that could be allocated elsewhere (like savings, retirement planning, college funding,…).

Can they get any more stupid in California?........

Probably not. Pretty interesting that the nut jobs in government figure that unemployed broke dicks can make house payments. Or that people will make payments on houses that lose money in the process. All you have to do is buy a house across the street at much less than you owe.

If you have any sense you'll simply quit making payments  and move. After all these moratoriums on foreclosure, that is. Should be able to milk it for a year or so. Save the payments and buy a nice mobile for cash.

Just think, no house payment , little taxes, only a small lot rent, tax credit refund in California , of course.

Did I mention their getting more stupid in California?

California Foreclosure Prevention Act: Creating an Army of Lifetime Renters in California.

On June 15th California implemented another foreclosure moratorium. The California Foreclosure Prevention Act (CFPA) was signed into law by Governor Schwarzenegger which adds another 90 days to the foreclosure process. If you recall, a similar law was put into place in 2008 and turned out to be an utter failure. So what do we do? We virtually create another replica plan for a second go around. The plan will fail on so many levels and we will discuss the reasons why in this article. California has taken a major beating since it was part of the housing bubble mania and is now at the forefront of the bubble bursting.

The problem with dealing with the current foreclosure issue in California is how the issue is being framed. Take this perspective for example:

“(SF Chronicle) The goal is to compel banks to do systematic loan modifications across California to reduce our foreclosure rate, which is the highest in the nation,” said Assemblyman Ted Lieu, D-Torrance, who wrote the bill. “Until we slow that down, the California economy cannot recover.”

Go to college, get really stupid.........

Makes me glad I didn't graduate.

P.S. Father's day and I'm going fishing.

Unexplained Mysteries :: Scientists debate "shading" the Earth

Radical new ways of combating global warming have been proposed by scientists at a recent National Academy of Sciences meeting including the concept of shading the Earth in order to cool it down.

"Engineering our climate to stop global warming may seem like science fiction, but at a recent National Academy of Sciences meeting, scientists discussed some potential geoengineering experiments in earnest. Climate researcher Ken Caldeira was skeptical when he first heard about the idea of shading the Earth a decade ago in a talk by nuclear weapons scientist Lowell Wood."