Humans are not the point and purpose of the planet.
Real Money: Trillions. Health care will cost trillions! Well, at least a trillion. But that's over 10 years, only about $100 billion a year. That's about what Iraq has cost us every year since we went to that party, about what Afghanistan goes for now. If we cut out invading countries in the name of democracy, maybe we could tend to our folks – in the name of democracy. But the GOP loves war and war profits. And it loves health care profits. What it doesn't care much for is people. So let's keep on keeping on.
Because We Can: The US dropped in on a Pakistani village yesterday, killing 12 – mostly women and children. Drones take the guilt out of it.
The Group: Twenty-one percent of Americans believe in witches, 21% believe they can talk to with the dead and 21% have confidence in congressional Republicans, but I repeat myself.
Whose Recovery? The stock market class – the upper 10% - are doing fine and will soon be doing better. But the middle class is sliding into the depths: some have lost their jobs, many have lost their homes, millions are running out of unemployment benefits and no longer have any health insurance. Hope is in pretty short supply, too. And the poor are still poor. The US is fast becoming a third world nation, with extremes of income, health, and living standards. But the market's up.
Bribes Work: Existing-home sales rose m/m as first time homeowners were lured into debt by the careful waving of $8,000 in incentives and 3% down payments. This doesn't help the mid-to-high priced market.
Fairly Unbalanced: Losing GOP Presidential candidate John McCain will be on TV for an hour Sunday, telling Obama what the people want. Gee, I thought they made it pretty damned clear that what they wanted was not John McClain.
It's a Dead Budgie: Folks are suing JP Morgan Chase because their access to home equity loans has been cut off. They feel this is discrimination, just because their homes have fallen in price and they have no more equity is not a valid reason for the bank to stop lending them money.
Asked & Answered: Is End of Recession Near? No, not even close.
Too Much of a Good Thing: In 2001 83% of Americans supported the war in Afghanistan. Now only one out of three still thinks it is a good idea and 57% say it has gone from bad to worse. And it has. Obama’s irrevocable commitment to the war will give McChrystal more time and more men even though he knows “military power alone will not win this war.” Neither will clicking your heels, Mr. President.
Strategy and Tactics: Our strategy in Iraq is to call the complete failure of the Petraeus/Odierno surge a “tactical issue.” Some say Iraq is full of corruption, cronyism, nepotism, and greed. And the Iraqi's aren't much better.
Overkill: As though the worldwide race to supply the cheapest labor were not debilitating enough, robotics continues to improve – if being able to do low-level human tasks is improvement.
Insurance Scam: The FDIC “insures” about $5 trillion with a piggy bank that had but $13 billion in it on March 31st – and has since bailed out 56 banks at a cost of $16 billion. Don't worry, your savings are as sound as the federal government.
One Less Worry: Stop worrying about approaching 'peak oil', it's come and gone. We've been on a plateau since 2005 and are about to fall off the edge. The recession has driven demand down less than 3% - that's about the average rate of world-wide production decline from existing fields. The doubling of oil prices so far this year – with no expansion in consumption – is the message. Push will come to Shove when the economy tries to pick up again.
“Civilization is an intensely fragile construction, built on little more than belief.”
Another quote from Uncivilization. Go read the whole thing.