Better to pursue wars of aggression than to wait for civil war.
False Start: What a few delusionals see as bipartisanship was simply the exception that proves the rule: a pitched battle is about to begin in Washington, between the people and the money, between social decency and tax cuts. And the Golden Rule will rule – as in he who has the gold makes the rules. Or Goldman makes the rules. Something like that.
Book Club: Representative Paul Ryan (R-WI) makes his staffers read Atlas Shrugged
and write a 10-page essay on which character Ryan most resembles.
More, More, More! US military commanders want to increase the number of secret special operations raids into Pakistan's tribal areas. Fellas, if you say you want more, it tacitly acknowledges you are currently conducting secret military operations within the borders of an allied nation. The least they could have done is wait for WikiLeaks.
Housing Development: Home price plunge is widespread as a double dip that Is Now Accelerating , Will Drop House Prices Another 20% and The Economy Is Screwed as things are Starting To Look Exactly Like 2006-2009 as Home foreclosures jump in 3rd quarter. Not all agree, some claim Houses Are Now A Screaming Buy.
Where's The Outrage? Except for two two-dimensional cartoon figures who speak in monotones and can't pronounce 'Bernanke', no one in the US seems upset that more than half of the Fed's bailout money went to foreigners. The Fed is the lender of last resort, no matter where the resort is located.
Fill in the Blank: The White House announced it plans to push ________ legislation. The GOP immediately vowed to oppose it. (1) Job creation. (2) Climate Change. (3) Health Care (4) Whatever.
Not Applicable: Why is it that every time commodity prices rise it is the result of either speculative manipulation or the Fed inflating the money supply. Why can't it just once in a while be simply a matter of all those damned Chinese and Indians wanting to live like civilized people? Maybe somebody, outside the US, is doing better than the Wall Street dominated economy and is demanding more resources than are currently in the supply chain?
You Have to Ask? “Is This As Bad as the Great Depression?” Probably. Most assuredly the government has done more and spent more than during the Depression – and to less effect.
Recovery: Over half of unemployed job-seekers report being offered more than 25% less than they were making previously. A sizable number report losing $10,000 in starting pay for each year they've been unemployed. Companies agree this is true and say that they low-ball new employees “because they can.”
The Smart Money: Private investors are quite willing to buy long term US and UK bonds for about 4%. These investors know, or should know, that there is no way on god's little green earth that either government will be able to pay back these bonds and keep all their social promises. The governments will have to default on one or the other, and the investors believe it'll be the social commitments.
The 'Gimmie” Question: “Can We Run Out of Oil and Other Natural Resources?” No, we can always go to the store and buy more, can't we?
Blowout Preventer: Brazil says it will replace troublesome oil drilling platforms with “underwater cities” on the seabed where workers can stay for months. And they said the easy oil was all gone.
Porn O'Graph: The Trend is not Your Friend.