Wednesday, December 31, 2008
Amazing; Racism In US Senate
Right Issue, Wrong Emphasis; US Prison Reform
For the record, motorcycle clubs and certain white males have been targeted aggressively, so it's not honest or accurate to imply that non-minorities are getting away with all sorts of violations. Gun laws alone have affected many white males adversely. I have to wait 3-4 hours to get approved for a handgun purchase in Virginia, if the call back even happens that day, because of inner city minority gangs killing each other. There are countless pain-in-the-ass and unconstitutional gun and DUI laws many white males have been forced to accept, so the silliness about only minorities suffering from the overreach and hysteria against drugs is exaggerated.
Obama loves the fluffy issues with no measurable solutions, but he must address the failed "drug war" quickly. He should also issue a full federal investigation on how law enforcement seem able to combat domestic production, but unable to target imports from Mexico.
Law enforcement's assault on biker clubs and domestic methamphetamine production cuts out all competition for Mexican criminals. There are more drugs in America than ever. The prices of drugs in America are tremendously inflated due to the war on drugs. Let's see, no one allowed to grow their own, inflated prices, virtually no competition, asset forfeiture filling government coffers, narcissistic cops on ego trips, significant threats to police tyranny just happen to get busted with kiddie porn...can anyone say "widespread government corruption?"
Police and Cat In Tree; Bad Cops
The article in the link seems fair. The neighbor with the cat was probably a little off. My criticism of the police officer is that he should have done on Saturday what public opinion forced him to do on Tuesday, recognize that the neighbor is difficult and move on. Why take hard feelings against the neighbor on the cat? Forgive my slang, but cops are cops. Cops do what they do because they enjoy backup and constant support in anything that they do. They are not the lone wolf type, though they like to pretend that the case. They know each other for miles and miles. That guy could have had 20 cops over there on Saturday, but he waited until constant phone calls to his place of work pressured a department response. Why did it take that much? The dog was kept inside for a day and the cat was up the tree for seven days.
There were no insurance issues for the cop to just call his pals from work to help him out and hold the ladder. For that matter, just hire a damn insured tree service to use a boom. If the boys in blue quit playing the power games, the public would respond with more respect and admiration.
This reminds me of an off duty cop I encountered in Richmond. He was whizzing off a ramp, going too fast to merge properly, and rolled his window down to scream at me because I would not let him in. First of all, he was supposed to slow to merge into traffic flowas needed, not the opposite. Secondly, I couldn't get over without hitting the car to my left who had me pinned in, and traffic was very heavy. The passing stream would not let me over. I had no reason to target the guy. He was in his private vehicle and no uniform showing. I think he was in civvies. If he hadn't been so intent on the Red Sea parting for Moses, he may have noticed how I was as pinned in as he was. Life's not perfect.
The guy shouts that he's a police officer and I should have gotten over. All I could hear was "I police", exact words not clear, and see him gesturing for me to move over. This si all happening at about 55 mph. He was a bit nuts. I shrugged and laughed, and shook my head at the jerk. I took an exit to get rid of the guy or at least settle it, half expecting shit-for-brains to follow me. So, I figure he went home and cried to his wife about the bad man who deserved to have bad things happen to him.
Not only was he completely wrong in his understanding of traffic law, he had poor self control and was very quick to excessively assert his position as a police officer. He was also off duty. It's not like his had his lights on and was in a police car or anything, or even on official business. Though, I could not have done anything differently if he had. By the way, I forgot to mention this was on the Interstate 95 bypass around Richmond. It's not exactly a quiet neighborhood street where a driver always has the option of changing lanes anytime he wants.
I have a lot more stories just like that. Many people have stories just like that one.
Tuesday, December 30, 2008
US Economy; The Ship Sinks
The US is going to have to completely restructure the public school system. That means rehiring all teachers and getting rid of the dead weight, no matter what race or gender they are. The death grip the democrats and republicans have on public policy has got to end. It's become a criminal enterprise, not public service. The voting system is going to have to be reformed and uniform through out all 50 states, so we have no more stupidity like in Minnesota. Only then will there even be a starting place for recovery, I don't care how many TV sets anyone can sell.
RNC Rips Bush Bailouts?; Where Were They in September?
They sure as hell ran the system into the ground with reckless government, excessive spending, and blind support of Israel over the last 8 years, and now the RNC is trying to make nice with its base? Get ready to be replaced, Representative Eric Cantor!!! Someone forgot to tell Cantor he is expected to actually vote for what he says at election time. I get freaking crazy with him and other "conservatives" almost defining conservative values perfectly, then voting the exact opposite... always with some excuse about saving babies or some campaign rhetoric. They always seem to have an excuse for pissing off their constituents. At what point do constituents stop being constituents and just begin being careless proponents of whatever policy "their guy" supports? Is it we the people, or we the politicians? Is the political party representing the people, or the other way around? I say it's the latter.
Voting pro-GOP is NOT the same as voting for conservative governance, and they all know that. And, as a reminder, the Israeli government and those assholes, and their supporters, are likely no more in rhythm with the Israeli general population than Bush is with most Americans. Both Israeli and American governments are being run by some whacked-out and cruel 14%, or similar portion of national population, and are extremely dangerous to world peace.
Worried about Iran? Israel with nukes should scare the hell out of anyone.
Monday, December 29, 2008
Israel; Chosen Ones or Lost Souls?
The G.W. Bush Presidency; Worst Administration Ever
Thursday, December 25, 2008
Merry Christmas to All
Wednesday, December 24, 2008
To the Gals Out There Chasing the Bad Boys
Hell, they'll even admit to that, with pride, after they get what they want. That's what makes them bad boys. The ones not ready to ride all the way, had better stay off of that train. I still see women chasing the same type of guy they just had a nasty divorce or domestic incident with. Ladies!!!! Bad never changes. It'll keep kicking your butt, if you keep going back for more. This is my community service for today.
FYI, it's pretty hard for this young woman to recover her first choice of career. That story goes in the "what the hell was she thinking" category.
Tuesday, December 23, 2008
Stocks Ready to Test Bottom?
I am a touch concerned about my outlook validity, as Dr. Marc Faber believes November was a bottom. It certainly wasn't a bottom over the next year, and I don't think it'll hold for a month. We'll see.
Why Did Madoff and Family Feel So Safe?
How could SEC Chairman Chris Cox just miss the two largest finacial scams in world history, mortgage derivatives scam and Madoff. He didn't. That's the answer. It makes much more sense that Cox and other "regulators" were in on it and think they have enough cover and protection not to get caught up in it. Nobody's that incompetent and naive at that level of politics.
Odd Timing; Quote of the Day
I would prefer even to fail with honor than to win by cheating.
Sophocles (496 BC-406 BC)
America Needs A Military Coup?
A Word About Living With Order and Honor
I have witnessed, on more than one occasion, cows butting each other around as they do with a young calf within inches. That calf does not move, does not show fear and does not question whether it will be hurt. It won't be. In addition, the baby calf hardly even acknowledges the activity. I could never figure out how the animals knew where the calf was all of the time, but they did. There's a code in there somewhere. If only human parents were so careful and reliable.
Another of many other observations involved the bull. Any human male would be more than happy to have that job and the raw power of a bull. But, that animal also has a code many humans violate. The ultimate objective of the bull is not his own pleasure or ego but the protection of the herd, especially the young. I've also seen that bull bring an entire herd over to where he was with very little effort. Look out for the bull and he does his job. Upset the bull and he gives a warning look that one remembers for a lifetime. Now, there are bulls who smash into other fields, but they don't maintain a position of honor. Those bulls get sold and butchered if they are too much trouble.
What I've tried to present here is the mess humans seem to make out of basic tasks that animals master quite easily. The first is to protect, instruct and nurture the young, and the second is that everyone obeys the same code. The third rule of cattle life is that there is only one boss of the herd and he does not abuse that privilege. Anyone who wants the job has to deserve it first.
It's not that so many humans don't know the rules, but that they just refuse to obey those rules. This is our current problem in the US. The primary reason that America has squandered so much past credibility is that the rogue "bulls" of American society have been allows to control the government and the citizen "herd". When will those Americans ever be separated from the herd and order restored?
Sunday, December 21, 2008
US Government; Negative Similarities to the British of Revolutionary War Era
4 Weeks, 3 Days Until Bush Is Gone
I didn't leave the GOP, but they completely violated every ounce of trust I placed in their leadership. Congressmen such as Marsha "torture them if I can watch" Blackburn, John "they can always roll me" Boehner, Eric "the pretender" Cantor, and all the rest of those souless, morally-crippled George W. Bush enablers. They followed and chased after Bush and Vice-president Dick Cheney, to the man and woman right through the finish line. The only objections came from people, like Senator Richard Shelby, who knew the votes were there and entered objections for show. An honorable man or woman would have resigned or gone independent under a rogue such as Bush. Political devotion in the US is to party and no longer the domain of constituents, if it ever was. The US Constitution has become little more than prop used to justify government intervention and intrusion.
Saturday, December 20, 2008
Unequal Protection Under the Law
I'll go back to my original litmus test for who's a problem for society and who isn't. I've never had a prostitute cause me a problem. They're in the people business and always have a smile and a kind word for a stranger. I've never had a biker, even one who may fit the profile of a 1%er ask for anything but to be left alone...fair enough. I'd have to go as far as saying that the authentic bikers are by far, by far, the most responsible motor vehicle operators on the roads. I'm not talking about the dangerous kids on sport bikes, buzzing in and out of traffic at 15+ over the speed limit. They're nuts and trouble waiting to happen. I don't consider them true motorcyclists, just kids with too much time and money on their hands...and underdeveloped brains.
On the other hand, various police officers stare me down daily and extend a constant shove. Politicians treat me little better than they treat prostitutes.
Bernard Madoff Belongs in Jail
Paulson Wants Remaining Bailout Funds; $350 Billion
Friday, December 19, 2008
Monet; 12/18, 12/19, 12/20
Sunflowers; 1881
Sunset on the Seine in Winter; 1890
Wednesday, December 17, 2008
To Think Like A Gangster
Broken Arm and Ribs, Prison for Thrown Shoes
Monday, December 15, 2008
A Fitting Farewell, Shut Up and Keep Packing II; Shoes Thrown at US Jerk-in-Chief
It is remarkable how calm Iraqi Prime Minister Nouri al-Maliki remained. I like what I know and see about that man. He's got the toughest job in the world, dealing with the scoundrels he's had to deal with from the US, and supporting his people at the same time.
As far as Bush waving off an attack on the guy, more US media half-truths and lies... There was no attempt to give the guy a free pass as implied. Was Bush just telling them to wait until he was in a cell to beat the crap out of the guy? The signal was not to leave him alone, but more like "not here, not now, in front of cameras." It was the boss guiding brainless henchmen.
"...A scrum of security agents descended on the man and wrestled him, first to the floor and then out of the ornate room where the press conference was taking place. The president was at no point injured and he brushed off the incident."How's that for a Bush legacy?
"This is a gift from the Iraqis. This is the farewell kiss, you dog," the journalist shouted (in Arabic), Steven Lee Myers of The New York Times reported in a pool report to the White House press corps."...This is the farewell kiss, you dog." I couldn't have said it better myself.
Sunday, December 14, 2008
Message to President Bush; Shut Up and Keep Packing
I'd like to address this whole GOP denial thing in a few lines. I'll deal with Nancy Pelosi and the other liars in other articles. Eric Cantor and other elected GOP officials have consistently betrayed their more libertarian and conservative constituents in favor of their own personal and political interests. It's the same with the credit and housing bubbles. The game eventually comes to an end. The Iraq invasion, state-sponsored torture, and domestic spying were the last straw for me.
That time has come for much needed political reform, including extensive voting reform. Who ever heard of the opposition being able to influence who wins a competing party's primary? The first change I'd make is for a primary vote to automatically be counted as a general election vote if that person wins the primary. The two political parties are faced with a choice. 1) Continue ripping off the public and stealing their dignity and bring it all crashing down. Steal from money markets and pension funds and people are going to react negatively. 2) Institute genuine reform and preserve the rights of your constituents.
Saturday, December 13, 2008
America 2008
So, now it's getting in the open just how corrupt it all is, the Iraq War and everything. Madoff was no unknown guy or a fluke. This guy was deeply entrenched in the system and a former Nasdaq stock chairman. He knows there's not but so much they can do to an old man. I say go after the sons. There's no way his scheme was htat big and that didn't ahve a professional concern about what was going on. I think it's time for that revolution we've all been talking about for 20 years.
Friday, December 12, 2008
Housing Bust Article; A Must Read
I think the 20% estimate of further price decreases is more like 30-40% in the areas that were more heated than others, such as the DC metro area. Peter Schiff had some excellent input, as usual.
Today's Mont; 12/12/08
The Pointe de la Heve at Low Tide; 1865.
Thursday, December 11, 2008
Today's Monet; Two for One; 12/11/08
The Bodmer Oak, Fontainebleau Forest; 1865
Wheatstacks (End of Summer); 1890-91
Tuesday, December 9, 2008
Illinois Governor AND His Chief of Staff Indicted; Big Time
Charges are conspiracy to commit mail and wire fraud and solicitation of bribery. That's serious stuff. They must have gotten greedy and asked for too much so the other crooked bastards of US "normalcy" decided to prosecute them. I wonder who gets the final bribe for Obama's seat?
Monday, December 8, 2008
Sunday, December 7, 2008
Motorcyclists Make Better Drivers
I'm not talking sports bikes. That's another story. I'm talking tour and cruising bikes. I've seen bicyclists get more respect on the road than bikers. I see why some of those guys carry hammers on their bikes. I finally get it. Sorry I was so slow on the intake. I've always cut the two wheelers slack on the road and gotten my share of waves for that and gave them space, mostly because I loved to see those things roll off into the horizon. Where I didn't get it is that I thought everyone else did the same.
What's Wrong With American Drivers These Days?
Saturday, December 6, 2008
Friday, December 5, 2008
Thursday, December 4, 2008
Legal Prostitution and GOP Christians
On the other hand, the GOP Christian believes they are superior to anyone not beleiving as they do, and that they can ask for forgiveness with their last breath and be forgiven of all transgressions...even the most heinous of offenses. You don't have to tell me who is more likely to treat people like dirt. I already know.
Wednesday, December 3, 2008
Mind Over Matter
Life's very uncertain these days. I have to keep reminding myself of the little joys and what really counts. We could expand the definition of retrenchment to ideology and attitudes. A cute kid waving hello at a person in the grocery store or just flashing one of those smiles little ones are famous for. Likes a lot of people, I'll be grumping around after a hard day, all caught up in a rush to do this or that, then some kid sitting in a shopping basket will do something funny and remind me and others about the important stuff...like anytime, anyplace is a good time or place to be happy.
Today's monet; 12/03/08
Monet must have been an amazng man to have that level of expression and love of people and nature in general. To this day, he shows us the wonderful moments of his life, through his eyes.
Sunday, November 30, 2008
Saturday, November 29, 2008
Preferred Company
I think most of it started with Reagan's escalation of the Drug War, and the incredible stupidity of mandatory sentencing for non-violent crimes and RICO statutes. He also ushered in this holier-than-thou self-righteous BS we see so much of these days. The pastors who bitch about someone else visiting a prostitute when they often do the same, or worse, molest a child often do more harm than their "sinner" targets. The Eliot Spitzers and Jimmy Swaggarts of the world. Funny how RICO became law under Nixon, Mr. Paranoid.
The people who've wreaked the most havoc in my life are considered absolutely law-abiding by local police or the cops themselves, even as examples to follow. Like the cops who lie their asses off in courts, knowing the judges go right along with it, or the ones who discharge their weapons accidentally or use excessive force and hardly even get a slap on the wrist.
The "Fun" of Destroying Lives
Any reporter listing her home address is liable for any harm or property damage that comes to her or her family, as far as I'm concerned. What the is it with people who delight in the destruction of a person? It's these "normal" people that terrify me the most.
Friday, November 28, 2008
Thursday, November 27, 2008
Chancellor Merkel Is Right
Another point that makes my head spin on my spine is this idea of just getting everyone out there to by some big screen TVs this Christmas and it will all be OK. Hello! Hello?? Hey!!! Is anyone getting the message? The music has stopped playing, game over.
The USA, and other countries need real economies, based on more than selling video games and TV sets, and to live within the means of those economies. We need to educate citizens and allow them the means to provide for themselves...and not centralize the food supply and everything else just so a few fats cats can own it all. I've got news for the fat cats. There won't be a spot on earth to hide if this whole thing goes bad, so I hope the Mars settlement is ready for you by then. The "let them eat cake" attitude is getting damned old. 300 million starving and pissed-off citizens with pitchforks is something worth worrying about.
I know it'll be rough for the super rich to just have 3 mansions instead of 8-10 or 20 all over the world, but looting the system is killing the world. Does anyone other than Merkel get this? It has to stop or nobody gets anything, game over, society breakdown across the globe...war, crime and death. Is any of this reality seeping into the heads of any of the fat cats, or do they truly believe looting the world citizens of resources that belong to everyone is sustainable long-term, with predictable results. It's never occurred on this scale before, so the fat cats are lying if they say they know the effects of what they are doing.
Penn Station Stupidity
Wednesday, November 26, 2008
Brothel Rule No. 1; Know What You Want
Signs of Wall Street Bear Market?
Is Bush in the Way?
Can the US survive another 2 months of the looting of the US Treasury? I'm not so sure. I go back to a reliable method of discerning truth. Are there any consistent results of Bush's actions? Yes, the rich get more rich and those who must work daily to survive are pushed to the breaking point. That's a reality you won't read in the Wall Street Journal. The American citizenry is being crushed by greed. One can't believe a word a guy like Bush says about freedom. His every action contradicts every speech or statement about how he wants the American citizenry to be prosperous and safe.
I see where Obama is being criticized for being so active, but he has no choice. America has never been more close to massive poverty and starvation, while Bush plans his next bike ride and how to loot the few solvent pension funds and savings accounts in his last 2 months.
Economic Fantasy; Housing Recovery and Rewarding Bad Behavior
That wasn't enough for some folks and their own personal investments weren't enough either. They devised schemes to charge current prices for future equity. In other words, sellers began stealing buyer equity from many years in the future.
The only solution is massive bankruptcies for those who can not afford their homes. Where will they live? I don't know. What do you do when millions are no longer willing or able to take care of themselves? However, it's insanity to try to prop up inflated home prices that reflect inflated projections so much more than reality. Where are the jobs that can pay $1100/month mortgages and rent? Instead of focusing so hard on inflated prices, our government needs to focus on sustainable economic policy. That means looking ahead more than 3 months. Priorities need to be shifted and the practice of depending upon profit from systemic inefficiencies must end.
Tuesday, November 25, 2008
Wall Street; Is the Fix In?
Most Will Not Mind if Bush Steps Down Now; Honest
Monday, November 24, 2008
US Economy Foundation of Waste
An earlier post of mine on the same matter of conflicting conservation messages.
Sunday, November 23, 2008
Regarding Complaints of Clinton-era Appointees
I think the problem with American politics is with the Americans. The lesson of the "lesser evil" goes forward.
Saturday, November 22, 2008
Must One Always Beg Government to Perform Appropriate Role??
Big Surprise; Drug War Law Enforcement Official Bribed
Funny thing, not once have I ever had an "outlaw" biker threaten me, my loved ones or my future. The US Congress, lawyers and cops are the guys who refuse to leave anyone alone. Who should we be more afraid of and concerned about? My money's on guys like this...Rusty Keeble and Mark Bridgeman.
No Computer Flash Drives at Pentagon
Friday, November 21, 2008
Thursday, November 20, 2008
Whoops, No Carter Worth Stock Market Bottom Today
Wednesday, November 19, 2008
US Auto Makers and Unions Surprised; Threats Not Working
Where's the Carter Worth Stock Market Bottom??
More CNBC bottom-fishers.
Tuesday, November 18, 2008
Decriminalize Prostitution and Marijuana Offenses
Or, if they are performing one service and decide to take it further, who has any right to interfere? If it's about preventing disease, bust anyone having sex with someone other than a spouse. That'd be cute. What this is really about is enforcing one's religious beliefs upon others via government, taxes and middlemen skimming the women's take.
Dylan Ratigan of CNBC on Carl Icahn Blog
In Ratigan's theory, the short sellers should have corrected the situation long ago. Steve Eisman and others were very aware of this situations years ago. I know government regulation meets a great deal of resistance, but I don't see any way around it.
My post here refers to an article and people who knew what was happening long ago. In fact, many people got rich off of this credit disaster. When that much money changes hands, it is rarely an accident. I like one of Ratigan's earlier solutions, about arrests. Laws were broken and arrests need to be made. I think that will have far more impact than short-selling the firms of corrupt executives. Why would they care? Did Richard Fuld or Erin Callahan lose anything? They all had their golden parachutes at the ready, didn't they?
Market Forces Will Never Allow Citizen Benefit As Priority
There's a real problem with the GOP version of privatization, which most democrats seem to have eagerly adopted. Privatization efforts have zero recognition of the humanity of the citizenry. In other words, the truck of free trade would run down an occupied baby carriage if that carriage interfered with maximum profit and getting goods to a market on time. Privatization would refuse to take a dying patient to the hospital if transport was not a profit. The term used in an explanation would be "regrettable" or a similar adjective.
One can't make government policy decisions based on short term monetary gain, ie. turn over government decision-making to a corporate mindset. The very justification for taxation is to do what would not be done otherwise, serve the public good first. If our government is no longer concerned with the public good, hasn't it then just become another commercial enterprise, losing it's legitimacy to govern and tax? If that were the case, an historical revolution not seen since 1776 should be the result. If citizens are on their own and paying taxes, then they might as well be own their own and not paying taxes or tribute.
The US would reap immense benefit in 50-100 years if it were to lead the research into "green" living. The waste of water and power in the US is criminal. The fact that homes are about the same as they were in the 1800's in absurd. Where are domes, underground structures, gray water use, solar and other point-of-use efforts? People are still squirting chemicals into the ground to prevent termites? Dark age stuff, but still profitable.
The crazed moneychangers scoff in their rants of greed and ask who's going to pay for it all. I scoff right back and ask who's going to pay when we run out of clean water. The closest response to an answer I've seen so far is that they think the wealthy will be colonized safely on Mars by then.
Monday, November 17, 2008
Some Factual Remarks by Rupert Murdock
To make his point, Murdoch criticized the media reaction after bloggers debunked a "60 Minutes" report by former CBS anchor, Dan Rather, that President Bush had evaded service during his days in the National Guard.
"Far from celebrating this citizen journalism, the establishment media reacted defensively. During an appearance on Fox News, a CBS executive attacked the bloggers in a statement that will go down in the annals of arrogance. '60 Minutes,' he said, was a professional organization with 'multiple layers of checks and balances.' By contrast, he dismissed the blogger as 'a guy sitting in his living room in his pajamas writing.' But eventually it was the guys sitting in their pajamas who forced Mr. Rather and his producer to resign.
A Quick Word About US Governments
For those who think a new and better day will emerge after a total collapse, don't be so sure. World history is full of extinct civilizations which once ruled the world. Americans are not exempt from reality.
Sunday, November 16, 2008
Another Congressman Shocked; Bailout Rush Mistake
"I have learned a long time ago. When they come up and say this has to be done and has to be done immediately, there is no other way of doing it, you have to sit back and take a deep breath and nine times out of 10 they are not telling the truth,'' he said.Every congressman who voted for this debacle should be investigated for corruption and the missing $290 billion.
"And this is one of those nine times.''
Senator Inhofe, do me a favor and tell Senator Webb to resign. He can't seem to understand that part about people lying when they force laws through in a hurry like that.
Come on, CNN, Do Some Decent Research!!
Good Eye on the Internet; Missing Fine Wine at White House?
Posted by Winelover:
November 15th, 2008 11:31 am ETWith a little research, in 2005 they served the Queen "1994 Hillside Select", excellent age. Now in 2008 their serving "2003″, too young. My question, there seems to be some vintages missing, like six years of, wheres it at. Maybe a ranch in Texas?
Saturday, November 15, 2008
Did the DC Madam, Deborah Jean Palfrey, Kill Herself?
The Article About Wall Street Everyone Needs to Read
To US Congress; Don't Try to Act Stupid About Bailout
"I think it's fairly obvious that Congress would have never passed the [rescue plan] had it known how Treasury would marshal the resources it was given," Rep. Dennis Kucinich (D., Ohio) chairman of the subcommittee, said during his opening remarks.I think it's fairly obvious Kucinich is either being dishonest or has no business in a leadership position, if he didn't see this trainwreck coming. That statement just doesn't represent what went down. I know Congress tried to put in a trap door if the deal went bad and are now trying to use that emergency exit. The public isn't that stupid. I don't know why Kucinich is trying to give cover to those who completely ignored the outcries from their constituents on this, but I don't like it.
What in earth about the Bush adminsistration's past history indicated they could be trusted? What? That's what I was saying then and what I'm saying now. If Pelosi and others voted for it just to try and hang another failure on Bush and the GOP, she's as guilty as Bush and his GOP hacks in this.
VA GOP Question; Still No Response
I don't think that is an unfair question. Most of those GOP guys and gals were vicious in their support for Bush policies which have turned into total failures. There weren't just a couple of failures. The entire 8 years is rife with failure and excuses about it being someone else's fault. They supported government databases and warrantless wiretaps on all US citizens, torture, strike-first war(which means attack without just cause), no-bid contracts for war, Gitmo, and a bevy of insane positions. Let's not forget about the bailout and the insanity that wrecked the world economy, all on the GOP's watch. And, now, they are going to make it all better? How?
Now, these same people are going to pretend someone else did all of that and they are the answer for recovery? I want to hear what the plan is. If the GOP has the answers and expects my support, the least they can do is let me know what their plan is.
Friday, November 14, 2008
Who's Surprised?; Dow Down 338
Whether that's the way it is or not, the public starts getting the idea that those guys at CNBC and other places are trying to trick them into making the opposite trade that should be made. That's what can cause a huge run on brokerages. If these guys don't stop trying to call magic bottoms and telling people it's going to be an up day when everything indicates a down day, Wall Street and the US government is going to have a problem it can't handle...if it's not that way already.
The post is below, to go see what my experiment was...CNBC; Another Stock Market Bottom.
Another Killer Entry; CNBC's Diana Olick
The biggest problem is that there isn't enough money in the world to reprice the end result of what was an uncontrolled frenzy of real estate speculation without a lot of bankruptcies, foreclosures and forced evictions. There's a lot of ugly to go before this is over.
Today's Monet
The painting of 11/14/08 is Garden in Flower at Sainte-Addresse. 1866 I've gotten different translations of the title and year, but think this one may be more common.
CNBC; Another Stock Market Bottom
In other news...Dow down 157 points as traders sell into yesterday's "bottom" rally. Let me get into some of this action and say how I see the Dow down at least 300 points at the close, probably by 2:00 PM. I hate talking about market psychology, but it just isn't right. Everyone is fishing the bottom, amateurs and all and I don't see how a bottom ever sets in like that. Just thinking out loud, I wouldn't be shocked at a 700-728 S&P before the year-end. Two things are happening. Funds are selling due to redemptions, which will only increase as the stock market tumbles and funds are making money by shorting to help clean their numbers up for year-end. Nothing says anyone has to go long in order to get their returns looking better for the year. They can do that by shorting the market.
Update: Whiskey Mind story hits the streets, Dow down 212....Just kidding. It's down that much, but I didn't do it.
3:19 PM Update: I wanted to get this in. I dunno. I still think it'll be down, big, at the end of the day...around 3%. It's been cracking a little. We hit the 300 Dow points down, but I'd still be surprised if it didn't close down close to that low. I don't like predictions, but I thought I'd put one out there with all of these guesses about a "bottom." I thought I'd start guessing some too. 275 down points to go.
4:30 PM Update: 338 down. More details in post above. There's a hell of a lot of selling pressure still out there. It just amazes me that "professionals" keep trying to nail a bottom. I thought bottom-fishing was excluded in the first year of business school, on the first day.
Thursday, November 13, 2008
Bailout Oversight Promises Broken
Palin Brings Conservatism and Courage Back to GOP
Governor Palin is the only one who seems to have the guts to actually answer questions in an honest way. The GOP boys club might as well get used to the fact that she's an interesting personality and people want to talk to her.
Mainstream Media and MSNBC "Errors"
This sort of stuff should be punishable with a stiff FCC fine or something. It's a very serious issue to have this level of failure. They didn't even check for a bio on the source, just ran with it.
CNBC's Pisani 11/13/08 Article; Fix the Financial System
Excuse me for saying, "no sh**!!" That's some concept there, any details for that first suggestion? I would add: 1) make it all better. I wonder if Pasani paraphrased too much or if community colleges are an even better choice than I believed.
Taxpayer Funds Making Failing or Irresponsible Banks Bigger?
The Games Goldman Sachs Plays
Well, here's some of that brilliance. Part of that business model appears to be betting against products that other Goldman Sachs employees are selling. The firm did the same thing with home mortgage securities. That way they play both ends. Goldman sells junk for big money, shorts what they know will quickly fail and makes a profits at both ends. Let us not forget, that is the company where treasury Secretary Henry Paulson made his $700 million. How is that less criminal than a Nigerian email scam?
Goldman-related Update:
A nice article that touches on this "Goldman as a god" fantasy floating around. Seems like Paulson's boy wonder isn't getting such grand reviews. The article also tends to support the talent versus salary post I have up. What talent do these Wall Street guys really have? They are supposed to be the best in the financial business, but they just seem like a bunch of cowboy speculators to me. They don't actually seem to understand the fundamentals of banking or of managing people. When nothing makes any sense, I consider the possibility of criminal activity.
Wednesday, November 12, 2008
CNBC's Pisani Is Outraged; Me Too
By the way, Mr. Pasani, it was your brand of cowboy "capitalism" that got us in this mess to begin with.
Wealth and Talent Decoupled at Wall Street?
Tempeh Research Data
For those of you not familiar with the product, tempeh is a fermented bean cake, usually prepared wiyh soybeans. I've just tried it recently, but like it plain or quick fried. I probably shouldn't say, but I bet it's great deep-fried in thick batter.
Hell, the jobs are almost gone, might as well get something out of globalism and GOP-style "free trade."
Tuesday, November 11, 2008
Changes at Whiskey Mind; Changes All Around
I've never understood the compulsion of those who identify with progressive politics to constantly strike out against perfectly innocent people for crimes they had nothing to do with, other than by sharing race or gender characteristics (ie. white males). I thought such bigotry was supposed to be wrong. No wonder American youth are so damned confused these days. When there's too much to be gained financially and politically by those who claim to be civil rights activists, the situation only gets worst. Many progressives are so deeply invested in the racial problems of this nation, that any resolution would be devastating to their personal incomes, and the future of the income of their immediate family and associates. Most people consider that a conflict of interest which breeds a lack of credibility. I know I do.
In the spirit of truth and rebellion against injustices, and to push back against "progressive" misfits, I have promptly installed a link to the Drudge Report and removed any links associated with progressive movements. As the power shifts, Drudge has now again assumed the role of revealing the secrets of those vested in America's failures. His guys are out, so Drudge has nothing to lose and everything to gain by printing unsavory facts about the DC political establishment. The game is always on, it's the roles that change.
My role won't change. I'm interested is truth and credible information to base decisions and beliefs upon, and I don't care where it comes from. Anyone who breeches the trust gets dropped like a hot potato. I'm sick of being vilified because I was born male and am of Scots-Irish decent. I'm doomed to a lifetime of attacks on my well-being and dignity because of how I was born, by people who say it doesn't matter how we were born...that we're all human? It's time to label them as the unstable and dangerous quacks that they are.
Monday, November 10, 2008
Main Street America; Becoming A Prison Yard
Sunday, November 9, 2008
Time to Reload the Character Backup Drive; With Updates
Sure, it looks like some pension funds might collapse and the US is in for a rough ride, but most of our grandparents went through as bad or worse. Even if they didn't many of our recent immigrants have. If I could be half the person most of my Scots-Irish ancestors were, with the exception of a rogue and malevolent father, I'd be honored. It's not the genes as much as the behavior. I think we forget that we all make current decisions, regardless of our pasts. That's my Sunday morning message, load the backup drive, build on the good foundations that remain and get on with it.
Good Luck with That Bush Legacy; Santa's Not Very Happy
To this day, Larry Kudlow and Jerry Boyer will proudly glare into the camera, with those famous smirks of a child remarkably proud of his obstinacy, as they baffle most audiences with countless contradictions and economic "expertise" contrary to economic reality. This is the same pair who mocked Peter Schiff, Gary Shilling, Joe Battipaglia and others who dared to contradict the wild claims of Ben Bernanke and Henry Paulson that all was well with the Bush economy, until the facts became so obvious that hey had to change that story. Each Kudlow episode is the same. There's the reality even the viewer can understand, represented by people labeled as "gloomy" bears, tempered by the practiced smirks of Kudlow and Boyer and the masters of fantasy Kudlow has installed on his panel. Here's a link to Charlie Gasparino calling Donald Luskin a jerk. Luskin, like any good jerk, seems proud. I've never seen a blog where a guy proudly displays remarks from professionals who know what they are talking about how he's a person nobody should try to emulate. Talk about self-hate. Congratulations to Gasparino for finally addressing the competence and intentions of those who spew out such nonsense. They are, indeed, jerks.
This is the legacy of Bush, at least some of it. I won't take any more space to provide evidence of the obvious. President G.W. Bush failed the American people. There is not one part of most of American lives which isn't spinning widely out of control. We are being prepared for the reality that not only will Social Security be gone, but some rich guy has looted the pension funds too. It's all crumbling downward, but Dick Cheney seems fine. I wouldn't want anyone to worry.
It's my prediction that millions of personal journals will firmly contradict any historical magic applied to a miserable eight years of President Bush and his compliant band of accomplices in the US Congress and the media. The fact that this man hasn't been impeached and jailed speaks volumes about justice in America. There are plenty of impeachable offenses, no need to pretend they aren't there.
Saturday, November 8, 2008
Hedge Funds Still Dumping Leverage; Gates Are Closing
CounterPunch.org Nader Interview
I think Nader made a crucial mistake in saying that white men owe women and non-whites 300 years of servitude. That divisive rhetoric that panders to hate-filled motivations. Mocking a white man and telling him to sit in the back of the bus is not more moral than doing the same to anyone else because of gender and skin color. It's still wrong. More evil doesn't reduce an evil influence. An interesting Nader article from Deroy Murdock of the National Review Online (NRO).
Back Into Ubuntu
I've also recently reinstalled Ubuntu Linux 8.04 on a VMWare Fusion 1.1 virtual machine, along with the dreaded and essential Windows XP. With that XP virtual machine, I have Zone Alarm. I do what I have to online, then I lock it down. XP does not have access to my Macintosh home files and it's read only, so it's locked down pretty tight. I needed the MS to run a certain program I use, and for MS Office Excel and Word. It's hard to use computers and not use and be able to read those programs. I refuse to pollute my Mac OSX with a Windows program for Mac. Anything Microsoft is in isolation, where it creates less mischief.
Update: Thought I'd mention that a DoD 7 free space wipe took about 9 hours on a 100 GB of space. All told the reload and wipe, and downloading all of the Mac updates took the best part of 24 hours, and that's not counting favorite programs to load. If I had a faster connection, the time would be a fraction of that, but there's no fast way to secure-wipe 100 GB, not that I know of.
Always A Thankful Thanksgiving
The months of September through December have always been among my favorites. There's just something fundamentally sound, unlike the US economy, about that time of year. This year will be better than many, as I've removed myself from a bizarre family dynamic. Their main contribution to my life was polluting my holiday cheer and creating as much doubt and despair in my mind as they could possibly manage. Perhaps they are harmless, but I wouldn't bet on it.
Wal Mart has Christmas music playing, so it should be timely to wish everyone a peaceful and safe Thanksgiving and Christmas. Think freely.
Thursday, November 6, 2008
What Would Josey Wales and Forest Gump Agree On?
One Last Word About Voting; Reform
All I had to show when I voted was my voter registration card. There is nothing on there that describes me. What is to prevent ACORN or some similar group from registering people who have no intention of voting, then have people voting in more than one district? In theory, nothing stops me from voting in my own district, then taking a voter card from someone I paid to register and also vote in that district. It's not asking too much to have to confirm with a photo ID. It's a crime that the US does not have a more secure voting system. The government can develop remote planes that drop bombs, but it refuses to establish a reliable national standard of voting.
It's ridiculous to hear shrieks of panic from election officials because turnout is high and they may not be able to handle it. They now, once again, have 4 years to come up with more efficient and secure methods of voting that allow prompt access to the polls for 100% of the eligible voting public. If they don't have enough funds, send them to Wall Street. House Representative Eric Cantor and US Senator Jim Webb wrote them a blank check not long ago.
Tuesday, November 4, 2008
The Seas Part; His Royal Highness, King Obama, Gets His Throne
As as side note, I was personally impressed as PUMA and some more conservative independents joined forces in a rare effort to create synergy based on agreement. That's a good start for the next elections.
The G. W. Bush Legacy of Failure; A Real Chimp Would Have Done Less Harm
Massive deficits and fiscal insanity, torture of innocent civilians in Iraq, abuse of power, and perhaps even sheer stupidity seem to have been with President Bush all along. Still, the national infrastructure crumbles away and far more troubles were created than solved. Bush's definition of success is that we are not all dead or in prison.
I will never forget when Vice President Dick Cheney refused take his seat on Bush's cue during the Rumsfeld departure ceremony. Bush began to take his seat, but the crowd took their cues from Cheney and Bush had to rise again until Cheney was ready to end the applause for Rumsfeld and sit. The video is clear and I am still amazed that not a single mainstream journalist, the ones who consider themselves stewards of the preservation of truth, mentioned the least concern about that episode. Let us hope, if Senator Barack Obama wins, that Senator Joe Biden is not the one really in charge.
The only question now is how much other damage can Bush and Cheney do until January 20. It still may be a good idea to get that chimp on the job, now.
Saturday, November 1, 2008
How Is War Less Likely If Obama Wins?
“Obama wants to enlarge the armed services by 92,000. He pledges to escalate the US war in Afghanistan; to attack Pakistan’s sovereign territory if it obstructs any unilateral US mission to kill Osama bin Laden; and to wage a war against terror in a hundred countries, creating for this purpose a new international intelligence and law enforcement “infrastructure” to take down terrorist networks. A fresh start? Where does this differ from Bush’s commitment to Congress on September 20, 2001, to an ongoing “war on terror” against “every terrorist group of global reach” and “any nation that continues to harbor or support terrorism”?Regarding Obama's backpedaling from pre-nomination positions, Cockburn writes:
“In February, seeking a liberal profile in the primaries, Obama stood against warrantless wiretapping. His support for liberty did not survive its second trimester; he aborted it with a vote for warrantless wiretapping. The man who voted to reaffirm the awful Patriot Act declared that ‘the ability to monitor and track individuals who want to attack the United States is a vital counterterrorism tool.’
“As a political organizer of his own advancement, Obama is a wonder. But I have yet to identify a single uplifting intention to which he has remained constant if it has presented the slightest risk to his advancement. Summoning all the optimism at my disposal, I suppose we could say he has not yet had occasion to offend two important constituencies and adjust his relatively decent stances on immigration and labor-law reform. Public funding of his campaign? A commitment made becomes a commitment betrayed, just as on warrantless eavesdropping. His campaign treasury is now a vast hogswallow that, if it had been amassed by a Republican, would be the topic of thunderous liberal complaint.
I didn't see where Cockburn mentioned Obama's praise of Bush's "surge" results in Iraq. When the reversals are that frequent, it's difficult to keep track of them all. This isn't supposition or political rhetoric. Obama has flatly reversed himself on every key position he had in the primaries, something his supporters have ignored. Those who say they want Obama's "change" are probably too busy focusing on Palin's hair and clothes or her legs to notice or care that Obama's not the same candidate who won the democratic primaries.