Friday, December 17, 2010

SAR #10352

We either need more resources or fewer people. Pick one.

Day Late, Not a Dollar Short:   Goldman Sachs executives are set to collect $111 million in delayed 2007 and 2009 bonuses they earned by bringing down the economy and forcing the taxpayers to bail them out.

Hearts & Mines:  After completing work on the Army's Counterinsurgency manual, General David Petraeus went to Afghanistan to win hearts and minds.  Which doesn't explain why the US has dramatically stepped up air strikes in Afghanistan and Afghanistan-East and is sending special operations forces on more and more raids.

Asked & Asked:  "Why Aren't More Bankers Going To Jail?"   The only visible answer seems to be “Because they're bankers. They have money.”  Cue Heavenly Choir.

Unanimity:   A University of Maryland survey agreed with previous studies in finding that Fox News viewers are “significantly more misinformed” than those who get their news elsewhere.  From here, for example.

The Health of the State:  Continuing clearly unsustainable and eventually disastrous debt monetization in order to extend unemployment benefits, provide food stamps, fund health care for the elderly may be the best way to prepare the nation for the wars to come.

Money Back Guarantee:  In 2007 only 9% of MBS were backed by the full faith and credit of the government of the United States through Ginnie Mae.  This year 30% of all MBS issued were backed by the US taxpayer through that agency.

Origin of Specie:  The pyramid's base – the amount of money available – comes from the surpluses produced from agricultural and extractive enterprises and the division of labor that this surplus provides.  This activity – farming, mining, fishing – is what frees others to work in manufacturing and, eventually, service industries.  With plenty of surplus, the economy can even support bankers.  For a while.

Roadmap to the Future:  Michigan is straight ahead and we're headed to Detroit. That's the American future.

Sic Transit Gloria:  The only superpower in the world has spent over $1 trillion in ten years of unending war in Afghanistan and Iraq.  Yet no one cares.  Not the politicians, not the citizens.  There is no outrage at the cost, no outrage at the dead and wounded soldiers, no outrage at the war crimes, torture, dead civilians and ruined societies left in the rubble. We are oblivious to the implications – fiscally, politically, economically and personally.  Don’t touch my benefits.


mistah charley, ph.d. said...

Re Roadmap to the Future - We've been heading in this direction for decades. Bob Dylan wrote the following in 1983:


Well, you know, lots of people complainin' that there is no work.
I say, "Why you say that for
When nothin' you got is U.S.-made?"
They don't make nothin' here no more,
You know, capitalism is above the law.
It say, "It don't count 'less it sells."
When it costs too much to build it at home
You just build it cheaper someplace else.

Well, it's sundown on the union
And what's made in the U.S.A.
Sure was a good idea
'Til greed got in the way.

Well, the job that you used to have,
They gave it to somebody down in El Salvador.
The unions are big business, friend,
And they're goin' out like a dinosaur.
They used to grow food in Kansas
Now they want to grow it on the moon and eat it raw.
I can see the day coming when even your home garden
Is gonna be against the law.

Well, it's sundown on the union
And what's made in the U.S.A.
Sure was a good idea
'Til greed got in the way.

Democracy don't rule the world,
You'd better get that in your head.
This world is ruled by violence
But I guess that's better left unsaid.
From Broadway to the Milky Way,
That's a lot of territory indeed
And a man's gonna do what he has to do
When he's got a hungry mouth to feed.

Well, it's sundown on the union
And what's made in the U.S.A.
Sure was a good idea
'Til greed got in the way.

James Raymond Smith has a skillful and heartfelt rendition at

Anonymous said...


Actually, based on a cursory glance of the original article, I'd be more tempted to say that it proves that Fox Viewers don't trust Government statistics. Can't say that I blame them.