Thursday, December 04, 2008
Sorry folks
Wednesday, December 03, 2008
Gold is poised for a dramatic surge and could blast through $2,000 an ounce
Thursday, November 20, 2008
In memory of this dark anniversary
Call me a liar of you will, but it seems to me that the House committee is saying that a conspiracy killed the President of the United States. And still, you are a nut to say so.
Why was it done?
For your consideration:
People want to know Recipients of Loans
House Republican leader John Boehner called for the Federal Reserve to disclose the recipients of almost $2 trillion of emergency loans from American taxpayers and the troubled assets the central bank is accepting as collateral...
Senator John Cornyn of Texas, said the lack of disclosure ``should trouble taxpayers and policymakers alike. There cannot be accountability in government and in our financial institutions without transparency... Many of the financial problems we are facing today are the direct result of too much secrecy and too little accountability.''
There’s another piece of this puzzle that is also borderline illegal, which is that in addition to the $700 billion that we are discussing, the $700 billion bailout, there’s another $2 trillion that’s been handed out by the Federal Reserve in emergency loans to financial institutions, to banks, that actually we don’t really know who they’re handing the money out to, because, apparently, it’s a secret.
Tuesday, November 18, 2008
Thursday, November 13, 2008
Our $3 Trillion Bailout
Adding together the $170 billion that the Treasury Department has currently agreed to provide banks in additional capital, the $150 billion that the Treasury Department and the Federal Reserve are providing to AIG and the $2 trillion that the Federal Reserve has provided banks in emergency loans brings the total assistance to $2.32 trillion. If the estimated savings from the new tax breaks are included, the assistance would climb to $2.46 trillion.That total does not include other measures not focused directly on banks, such as Treasury Department's $200 billion in support for Fannie Mae and Freddie Mac, and the Federal Housing Administration's $300 billion HOPE for Homeowners program."Add in another $50 billion for automakers, and that's how you get to $3 trillion.
Google the Flu?
Thomas Malone, professor at M.I.T.: "I think we are just scratching the surface of what's possible with collective intelligence."Eric Schmidt, GOOGLE's chief executive vows: "From a technological perspective, it is the beginning."
Monday, November 10, 2008
Let's slow down just a little bit:
Can't we wait at least until he's served a few days in office? I am sure that there will be a holiday eventually. But I hate driving down Cleaver Blvd as it is. I think you should wait until someone is dead and gone before youstart naming roads and holidays after them. After all, it's possible ( albeit HIGHLY unlikely) that Obama could be as bad a president as G W Bush.
Tuesday, October 21, 2008
Afghan man spared death sentence.
Sayed Pervez Kambaksh, 24, was sent to prison in October 2007 after
reportedly downloading material from the internet on women's rights in Islam.
Somebody help me. Why are we giving lives, time, money, energy to this government?
This was a journalism student not, as far as I can tell, an activist. I was just listening this morning to a BBC report about kids being taught to exert their "human rights". It is more than a little disheartening to then see this story. I hope that future generations will make it to the point where they can do just that. provided they aren't killed and imprisoned for thought crimes.
Thursday, October 09, 2008
Saturday, October 04, 2008
U.S. Army Troops To Serve As U.S. Policemen?
According to the Army Times (dated Tuesday, September 30, 2008), "Beginning Oct. 1 for 12 months, the 1st BCT [Brigade Combat Team] will be under the day-to-day control of U.S. Army North, the Army service component of Northern Command, as an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks."
The article continued by saying, "But this new mission marks the first time an active unit has been given a dedicated assignment to NorthCom, a joint command established in 2002 to provide command and control for federal homeland defense efforts and coordinate defense support of civil authorities.
"After 1st BCT finishes its dwell-time mission, expectations are that another, as yet unnamed, active-duty brigade will take over and that the mission will be a permanent one."
Saturday, September 27, 2008
No amnesty for Wall Street
In discussing the Bank Renewal bill with a delegation of bankers in 1832, [Andrew] Jackson said, "Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out."