Wednesday, February 2, 2011

SAR: #11033

Human beings are just smart enough to believe falsehoods.

Unclear on the Concept:  Mubarak says he will not run for a new term in office in the September elections and will work during the rest of his term for a "peaceful transfer of power". He does not understand that there is no “rest” to his term.  [Note:  I suspect the ‘pro-Mubarak’ demonstrators will turn out to be less-than-authentic.]

Tie Score:  To date there have been four federal district court rulings on those challenges to the constitutionality of the Affordable Care Act. Two upheld the law, two did not. Which two did you hear about?

Once an Ass... John Bolton, whose last assignment was to burn down the UN, says that if Mubarak is chased out of Egypt then Israel should immediately bomb Iran. Don't ask.

Yes, But...  Big Pharma claims they need to charge outrageous amounts for drugs so they can continue research and development of new ones. Except Pfizer. Pfizer is drastically cutting R&D to make the balance sheet look better.

Thuggery:  Once the US declares victory and withdraws from Iraq it will leave behind 17,000 civilians working for the US government, guarded by 5,500 thugs mercenaries private security contractors. Just the US embassy in Baghdad will require 3,650 security guards. The cost is estimated at about a billion dollars a year. Anybody got any idea what we were doing there and what we will be doing going forward?

Happy Days:  The US economy now takes $6 of debt to generate $1 of GDP growth. We need a bigger truck.

Get Out Of Jail Free:  The USDA has told Monsanto that it can contaminate the biosphere with its genetically modified alfalfa at will, with indemnification from whatever disasters it causes. I cannot recall any large scale corporate tinkering with the environment that hasn't turned out badly, with unintended adverse social costs – from mountain-top coal-mining to BPA to fertilizers and drugs in our water supply. There will be a cost and it will not be paid by Monsanto. By the time it is identified it will, of course, be too late.

Corporate Socialism Rule #4:  Debts Should Be Honored, Except When the Money Is Owed to Working People

More Nonsense:  Mitch McConnell, by attaching a wholly extraneous amendment to the FAA bill for airport infrastructure improvements creating 280,000 jobs, is proud to prevent this stimulus if he can't give the Senate an opportunity “to go on record” as wanting to repeal the health care act. Funny, I thought the Senate was already on record as approving the bill. Just as are the American people.

Here's the Plan:  Arizona birthers have introduced a bill which requires "an original long form birth certificate that includes the date and place of birth, the names of the hospital and the attending physician and signatures of the witnesses in attendance" as part of the requirements to be on the Presidential ballot. Since the Hawaii Certificate of Live Birth – which is the official birth record in Hawaii – does not include all of the 'long form' information', no Hawaiian could run for President in Arizona.

Resurrection:  McCarthy is back. House Republicans plan on holding Congressional Hearings into every department, agency, panel or commission which does something they don't like. It is not a matter of seeking information, it is simple intimidation. Spreading fear as a form of government control. Sounds familiar.

Porn O'Graph:  The beat goes on...


Anonymous said...

Yes, But... Big Pharma claims....

Pfizer is a convicted RACKETEER.

The War Racket (see Marine Corps General Smedley Butler) was first, but is now joined by numerous other Rackets like Healthcare, more properly Illhealthcare.

The Fascist Rackets goosestep on.

Anonymous said...

RE: Happy Days:

Wait, aren't you the guy who keeps re-posting Krugman? You know, the one who keeps wanting us to use a bigger and bigger truck for lesser and lesser results.

Debt never gets you out of debt. Sounds obvious but, all these brilliant economists like Krugman can't get it through their head. As Denninger says; The math is the math and there is no avoiding it.


Anonymous said...

RE: Here's the Plan

I don't think you can get it in New Jersey either. They list name, sex, birth city and date. Never saw one with anything else.

CKMichaelson said...

RBM - You'd have stung me a bit more if the six bucks was stimulus money instead of war and rewards for Wall Street. I'd like us to stop stuffing money into the military-industrial morass, the health care morass and especially the Wall Street fantasy world and put some into building up the country instead of the oligarchy.

Hard to knock Krugman/Keynes/Galbraith 1 & 2 until they get a fair trial - instead of being blamed for deficits none of them have approved of. There's a difference between sending billions to Baghdad on pallets and investing in infrastructure and future energy and actual real jobs here at home.