Thursday, August 25, 2011

Today's Ramblings

First there was this. This week is a follow up 2nd Amendment Saturday at TDS Guns. Actually it is a series of meetings where you can buy machine guns (semi-automatics and the LEGAL conversion kits) and meet the local Tea Party guys. Oh Joy! This disturbs me no end. Activists wiuth machine guns. 40 shot clips, 60 shot clips. I am sure Progressives are equally well-armed. Sure!

From the No Such Thing as Global Warming files--maybe we should have called it climate change. Extreme droughts in Texas, heat and cold in Oklahoma and so on. OMG, why are we even talking about this anymore. And here comes Rick Perry--nope, no global warming, no problem here and this from the state that has the highest chemical emissions of anywhere.

and finally, a cartoon that honors my degree.


rojo

Tuesday, August 23, 2011

More Not Toones

How about a homeowner bailout?

and most would not even want bonuses. It seems strange to me that to prevent bank failure and an imminent collapse of the economic system we gave, yes, GAVE, banks $700B for their bad investments. This caused a foreclosure crisis that in some areas went to 60%. Real estate values tanked.

And considering banking and loans is supposed to be a risky business with the interest proportional to the risk that alone seems really crazy. And executives took chunks of that $700B and gave themselves bonuses for a job well done instead of being thrown out on their asses. They did a bad job and we paid them bonuses to do that.

Well, here is a report I bet you have not heard of on the news. Basically it states pay off the $700B (same number, how about that) on underwater mortgages, people stay in their houses, it makes 1,000,000 jobs and the housing crisis is solved for a while.

Let's see, give bankers $700B (plus $1.2T in secret loans because they were still failing) and let them have continued employment and bonuses for a failed job of running a business, plus a housing and foreclosure crisis or pay down the difference on underwater mortgages and create jobs and have no housing crisis. Hmmmm, let me see, that is a tough choice.

Guess which one the Bush administration chose? and, yes, the bail out was Bush, not Obama.

rojo
No Music, Budget Stuff

We have been blasted by so many budget plans our brains are addled, yet the mainstream media has not covered the Progressive Caucus Budget plan which eliminates debt faster than any of them. Taxing the ultra-rich and corporations is just a step too far, I guess.

I mean who wants to tax the 1/2 of 1% that controls 40+% of the wealth in this country? aside from me.

rojo

Sunday, August 14, 2011

Saturday, August 06, 2011

Just Doing Some Thinking

US credit rating was downgraded by the firm that rated credit default swaps as AAA. So either the US is completely broke, or Wall Street is showing the lack of confidence in US leadership and is putting the squeeze on the country to make them buckle to their desires, whims whatever. Are they trying to break the will of the US so it will capitulate to their free market dreams?

If anyone other than Moody's or Standard and Poors rated the US economy, it might make more sense. These firms showed that they really can't predict markets. But their rating led to the run on Wall Street that led to the bail out where you and I paid not only for the asset loss, but for the bonuses for the executives that ran the economy off of the cliff. The blank sheet bail out of the Bush administration.

Much of the world's economy is based upon consumer confidence. It is the ultimate con game where futures are traded like so many baseball rookie cards. One or two may be worth something, the rest will be like the Mike De la Hoz rookie card, valuable to friends and family. If the world realized that economic gain is no longer backed by GDP and making things but on swaps and futures, they would be furious.

And there is little left in the world in terms of real value. I am beginning to think that the world banksters are trying get what is left of the gold before everyone realizes how bereft their con game is. Where is there real money? Ft. Knox, Denver Mint, places controlled by governments where there is gold. There already was a huge heist we paid for that went to banks and executives, plus a trillion that went into Iraq and Afghanistan and out of the US. I am beginning to think this may be the last battle and either the free marketers who owe no allegiance to anything other than their bank accounts (off shore accounts, anyone?) and our country. And they have gotten the Tea Partiers to back them.

Can those who believe in the best of the US at its most compassionate (yes, liberals) actually redirect the anger with truth?

rojo
Saturday Toone



rojo