Wednesday, October 31, 2012

New York Needs Tomb For Unknown Homeless

Why are those subway tunnels flooded? Could it be dead homeless people are clogging the drains? What a loss. We never knew them.But maybe in death they can live in our hearts and minds.New York City needs a memorial to these fallen victims. The highest per capita income city in in the world couldn't save these feral humans. No life jackets. No inflatable rafts.No cork soled shoes. Not so much as a " How are we going to help the homeless?" The washed up bodies cleaner than ever before are stark reminders how they finally cleaned up their act while others in Gotham scurried without a thought for the other guy. Where was Bloomjew? No doubt he was hermetically sealed at a safe house figuring how he could get another term out of this disaster. How soon he forgets.Once the homeless were a campaign plank. He championed their lot in life. Now they are gone. And Mike didn't know their names. In death the homeless have become honored. In life they were just so much mobile garbage.

Monday, October 29, 2012

Hurricane Sandy: Guess Who's Going To Work?

With Hurricane Sandy fast approaching , very few people were going to work in downtown Manhattan today. The few that were identified were personal injury attorneys. They were preparing class action suits. The plaintiffs and their pleas for compensation were left blank until the phones at the law offices actually rang with actual clients. There was one exception. And that sure client was to be fat ass black women in motorized wheelchairs. They would complain about their preferred method of travel was not an amphibian.

QE 4? Next Quantitative Easing Might Be Forgiveness Of Debt

What more can the Federal Reserve do ? Right now after 3 and counting quantitative easing, the fed holds app $1.7 trillions of U.S government debt.. It created the money to buy the paper. That's about 10% of the total outstanding debt. How about the fed decides to erase the fiat money by not taking the payoffs of  the maturing notes? The federal government erases debt and its like the whole exercise never happened. Sound too good to be true? It is. But it still might happen. The problem is that wont be the last time you see that trick. The downside would be a runaway congress without fiscal discipline until capital markets call a halt to the irresponsible transactions.

Saturday, October 27, 2012

Human Downsizing:Because Of Technology

Use a tool lose your place. From primitives who tinkered tools to todays smart phones., humans have relentlessly distanced themselves from the earth they walk. Corporations downsize payrolls because of software- piloted machines. Workers somewhat compensate by downsizing their life. They diminish expectations and engage an iPhone. There on the small screen is a virtual life that is free. Free from gravity and obligation. Virtually any voyage can be had. Its an experience that never fulfills. There are no smells. There is no sun. There is no rain.There is no breeze.

Friday, October 19, 2012

Breaking News: Bernanke At Federal Reserve Stays The Course

Google plunged 8% yesterday on a dramatic earnings miss. Ad revenue was lackluster while expenses shot higher.Yesterday Microsoft reported dramatically slowing sales of its PC software mainly the result of the migration to tablet and smart phones.Today McDonald's sold off 5% on slowing sales because of individuals tight budgets. Also today preexisting home sales took an unexpected dip due lack of job growth. At the moment the Dow Jones Industrials are off by 135 points.

But not to worry. Federal Reserve Chairman repeated himself, " I will print money till Google gets more clicks, till McDonalds sells more burgers, till the return to the PC happens and until people buy houses again.."

Isn't it amazing what the power to create money does to a persons common sense? If he ever had common sense?

Friday, October 05, 2012

Obama Not Comfortable With Direct Criticism

Poor President Obama. Mitt Romney compared him to his 5 children who regularly distort facts to influence daddy's mind. Obama isn't comfortable with such direct non-politically correct abuse from a white man. The liberal main stream media never challenges Barry like that..They all know that he's just a hapless darkie who climbed on the civil rights preferred, affirmative action set aside for blacks of little worth who can be propelled into unbelievable success with enough guilt driven propulsion and enough carpetbagger hyena attorneys behind them.

Monday, October 01, 2012

Romney Is Another Bush: Calls For Another " [ Project For The New ] American Century":

Today Mitt Romney wrote an op-ed piece in the Wall Street Journal. it was titled " A New Course for the Middle East". Well that's not what he described. He starts out in the first paragraph by ticking off the various calamities that America is faced with in that region. Romney never notes that most are self inflicted calamities. How about invading Iraq? He mentions our loss of prestige and our loss of life. He doesn't mention the cost in money. Maybe he thinks spending by the military-industrial complex is good for business. He also mentions Israel. He is seemingly devastated by the way Obama has demoted Israel's security in favor of the region as a whole. He then goes on to mention Israel a total of EIGHT times. He mentions Israel's Prime Minster Netanyahu. He mentions Iran once. he mentions Egypt once.

He doesn't mention how he is going to shape U.S. foreign policy in the mid east to the new realities in the region. Instead he would as president basically double-down on past neocon policies with a new roll out  of the Project For The New American Century. And I quote, " Our challenges are different now, but if the 21st century is to be another American Century, we need leaders who understand that keeping the peace requires American strength in all its dimensions."

We don't need another jingoistic shopkeeper in the White house. Harry Truman and George W. Bush were two too many. The former gave us Israel and the latter continued to defend the mistake.