Tuesday, November 29, 2011


Barney Frank, ranking minority member on the house Financial Services Committee has announced he will not seek re-election in the upcoming election. In his many years of service to the country in government, Representative Frank has certainly made a mark on the landscape of the country, both financially and politically.

Despite his long and somewhat storied career in politics, ultimately Frank's legacy will be in his involvement in the economic crash we are currently experiencing; specifically in the issues with Fannie May and Freddy Mac, the failure to oversee Wall Street, the push to end the unfair practices by the financial sector towards granting loans to minority communities (which resulted in loan application abuses in order to reach acceptable loan percentages) and the lack of oversight of the housing bubble indicated by the creation of default swap products that devistated many financial institutions to the point of near elimination.

However the history books judge his involvement in the economic crisis, or any other portion of his 30 year political career....they will all pale in comparison to the effect his retirement will have upon the Financial Services Committee......

Ranking Minority Member Maxine Waters.

I could go into a 200 word rant about the political buffoonery, her complete lack of political acumen of Ms. Waters over the years, but let me just quote something from her memo on Rep. Franks retirement as testimony......

“I will miss Barney deeply. I will miss his wit, his sense of humor.....

May I submit to the ranking chair of the

Financial Services Committee

of the House of Representatives....

wit and a sense of humor is virtually the same thing.

Good Lord help us.... we have 12 months to unload our stocks.

Friday, November 25, 2011


Republican presidential candidates Mitt Romney and Rick Perry have been accused of telling TV viewers blatant untruths about Barack Obama.
The candidates deny their TV commercials are deceitful and dishonest but both ads selectively quote the president to make it appear he is saying one thing when he is saying another.
The advertisements have been widely scorned for crossing a line from a longstanding practice of political campaigns pushing the truth to its limits, over to misrepresentation. One ad appears to show Obama admitting he will lose next year's election if he talks about the economy. The other has him calling American workers lazy.

Romney's campaign ad is airing on TV stations in New Hampshire, which holds its primary in January. It shows the president saying: "If we keep talking about the economy, we're going to lose."
The ad appears to have the president admitting he is vulnerable on the economy. But Obama's words were from his 2008 campaign, and he was quoting a statement by a strategist for his Republican opponent, John McCain, who was the one on the back foot over the economy.
Perry's ad shows a short soundbite of Obama saying: "We've been a little bit lazy I think over the last couple of decades."
The ad switches to Perry saying: "Can you believe that? That's what our president thinks is wrong with America – that Americans are lazy. That's pathetic."
But a viewing of Obama's full statement shows that he was saying the US government had been lazy in attracting foreign investment.

Foolish men mistake transitory semblance for eternal fact" (Thomas Carlyle).

So is this the new political normal? Complete and blatant lies in order to create the perception they want to put out? A complete abdication of any semblance of honesty or integrity?

Not only have they put out completely false ads...not only have they come out with additional lies in a vain attempt (cover up) to justify their dishonesty....but as lies go, they were inept and easily identified. Morons...they setting themselves up to be destroyed by fellow candidate Newt Gingrich, who seems to be taking the high road during the debates.

Sunday, November 13, 2011


So Natanyahu won't consult with us, or even notify us of an impending preemptive strike against Iran? Here is all SOS Clinton has to say in her next press conference...

"It has been made clear by Benjamin Netanyahu that Israel cannot guarantee that we will be notified prior to an Israeli preemptive military strike against Iran, and their nuclear weapons program. This obviously signifies Israel's desire to go it alone in any future military action against Iran. The United States will honor those wishes." DONE.

He'll be kissing our asses again in no time flat.....

Saturday, November 12, 2011


Oops is right....have you witnessed any of the debates? Where did they get these complete morons? The talent the GOP is bringing to the table is laughable!...they have Bachmann, who barely has the intelligence required to be the next FOX News on-air bimbo....there's Uncle Fester Ron Paul, Newt "cheated on my dying wife" Gingrich, and then theres this guy....

Mr. "on day one I am going to close three huge governmental departments...I just can't think of all three right now" Perry. Let's see, I think I had them written down right here....no, I guess not....OOPS is right. Who said there are no good sit-coms on TV anymore?

Update: IMPORTANT MESSAGE.... Apparently, I was all wrong........it appears one of the candidates is not only ready, but being endorsed, well.........by God. That's right Herman Cain, just like Moses, has been hand picked by the Almighty and come November, he is going to save us all...here is his quote: "That's when I prayed and prayed and prayed. I'm a man of faith — I had to do a lot of praying for this one, more praying than I've ever done before in my life," Cain said. "And when I finally realized that it was God saying that this is what I needed to do, I was like Moses. 'You've got the wrong man, Lord. Are you sure?'"

Friday, November 4, 2011


Arnold Kling:

『 The recent trend in job polarization raises the possibility that gains in well-being that come from productivity improvements will accrue to an economic elite. Perhaps the middle-class affluence that emerged during the latter part of the industrial age is not going to be a feature of the information age.

Instead, we could be headed into an era of highly unequal economic classes. People at the bottom will have access to food, healthcare, and electronic entertainment, but the rich will live in an exclusive world of exotic homes and extravagant personal services. The most popular bands in the world will play house concerts for the rich, while everyone else can afford music downloads but no live music. 』