John Stewart is so awesome...
http://www.thedailyshow.com/full-episodes/tue-april-26-2011-elizabeth-warren?xrs=share_copy
Saturday, April 30, 2011
Tuesday, April 26, 2011
The Federal Reserve Is Destroying Our Economy
They have succeeded in creating a new bubbles, in the stock market & oil.
The price of oil is directly related to the weakness of our dollar. It is only going to get weaker.
The bursting of these bubbles (oil & stock market) will be even more painful and harmful to the economy than the bursting of the housing bubble was.
I think we may be nearing a top, in both oil and the DOW. This QE2 driven growth is totally unsustainable.
High gas prices are taking a huge bite out of an already weak consumer. The price of put options in speculative stocks (with p/e's over 40) has drastically increased this week. How do I know? Because the ones I was going to buy are now way to expensive for me to afford. Yet the overall market is hitting new post 2008 highs? Does this make any sense?
Actually, it does. Wall Street is getting ready to make money on the down side, after making enough on the upside.
Nothing has to do with value any more. What a shell game.
http://www.marketwatch.com/story/2008-crash-deja-vu-well-relive-it-and-soon-2011-04-26
The market makers get richer and richer, the US consumer gets poorer and poorer. The savings rate is destoyed by price fixing of the price of money itself. Savers are punished, speculators rewarded, and incentives are skewed to reward the bad guys.
This is what Government involvement does. I guess it is called "crony" capitalism, I prefer to call it "phony" capitalism.
What a joke.
The price of oil is directly related to the weakness of our dollar. It is only going to get weaker.
The bursting of these bubbles (oil & stock market) will be even more painful and harmful to the economy than the bursting of the housing bubble was.
I think we may be nearing a top, in both oil and the DOW. This QE2 driven growth is totally unsustainable.
High gas prices are taking a huge bite out of an already weak consumer. The price of put options in speculative stocks (with p/e's over 40) has drastically increased this week. How do I know? Because the ones I was going to buy are now way to expensive for me to afford. Yet the overall market is hitting new post 2008 highs? Does this make any sense?
Actually, it does. Wall Street is getting ready to make money on the down side, after making enough on the upside.
Nothing has to do with value any more. What a shell game.
http://www.marketwatch.com/story/2008-crash-deja-vu-well-relive-it-and-soon-2011-04-26
The market makers get richer and richer, the US consumer gets poorer and poorer. The savings rate is destoyed by price fixing of the price of money itself. Savers are punished, speculators rewarded, and incentives are skewed to reward the bad guys.
This is what Government involvement does. I guess it is called "crony" capitalism, I prefer to call it "phony" capitalism.
What a joke.
Monday, April 25, 2011
Rebublican Party: Get It Together
I have said before that I am neither a Republican, nor a Democrat. If you must label me, think of me as an Independent Libertarian.
That said, since a Libertarian is not going to become President any time soon, if I want to vote in Presidential elections, I usually settle for which candidate I think will do the least damage to our country. (First, do no harm!)
I am always hopeful, though, that the Republicans will get their act together and drop the whole Christian extremism thing (the mingling of their religion and politics). I am also hopeful that the Democrats will drop the whole Socialist thing.
But today, it is the Republicans I am going to pick on.
Can you not come up with one credible, intelligent, charismatic leader to run for President? If not, why not?
I am hopeful that someone will emerge, but first, let's look at the current field:
(Warning: not all of the following thoughts will be complete sentences, but I am not running for President, so that is acceptable.)
Sarah Palin: I can't stand to listen to her whiny voice for more than 5 min, even if the occasional witty attack seeps through those lips.
Donald Trump: Great businessman. Perhaps effective on a pragmatic level. Would cause Islamic extremists to pee their robes (a plus), but an egomaniac nonetheless. He just doesn't seem like a very nice guy. I would like to see him bald, Daddy Warbucks style. That alone may win him the election.
Mitt Romney: Pro-Life conversion annoying, great hair though! Sounds like Mass. health reform is going well. Looks like used car salesman-definite minus. Is against stem cell research-another clue that religion has taken over his thinking. Separation of church and state is way too important to elect this man.
Mike Huckabee: Couldn't keep his religious views out of politics if it was personally requested by God. Supports civil rights, but opposes Gay marriage-can the two co-exist? Somewhat rational on the economy, but really likes Wal-Mart (says something about his style).
Rudy Guiliani: Cancer survivor, staunch anti-Islamist, pro-choice, in favor of extending same benefits to same-sex unions as traditional marriage (although doesn't go so far as to support Gay marriage, a mistake, in my opinion.) Is for reducing deficit through drastic spending cuts. Has survived very public shame in marriage failures, humbling him, humility is a necessary trait for any great leader. For free-markets. Handed the check back to Prince from Saudi Arabia after 9/11.
Run Rudy Run!
Newt Gingrich: Very smart guy, but owes Clinton an apology. You can't apply your moral code to everyone but yourself. A staunch supporter of "The Defense of Marriage" act, (anti-Gay marriage), who doesn't know which of his marriages to defend. His moral hypocrisy is really too bad, because on issues of foreign policy and economy, Newt is somewhat brilliant.
Michelle Bachman: Seriously?
Tim Pawlenty: Boring with a capital "B"...too religious. Can't win.
I am getting tired, but I guess Rudy is my choice. Wait, he's not running, nor would the Republican establishment ever support him.
John Stewart is always so funny:
That said, since a Libertarian is not going to become President any time soon, if I want to vote in Presidential elections, I usually settle for which candidate I think will do the least damage to our country. (First, do no harm!)
I am always hopeful, though, that the Republicans will get their act together and drop the whole Christian extremism thing (the mingling of their religion and politics). I am also hopeful that the Democrats will drop the whole Socialist thing.
But today, it is the Republicans I am going to pick on.
Can you not come up with one credible, intelligent, charismatic leader to run for President? If not, why not?
I am hopeful that someone will emerge, but first, let's look at the current field:
(Warning: not all of the following thoughts will be complete sentences, but I am not running for President, so that is acceptable.)
Sarah Palin: I can't stand to listen to her whiny voice for more than 5 min, even if the occasional witty attack seeps through those lips.
Donald Trump: Great businessman. Perhaps effective on a pragmatic level. Would cause Islamic extremists to pee their robes (a plus), but an egomaniac nonetheless. He just doesn't seem like a very nice guy. I would like to see him bald, Daddy Warbucks style. That alone may win him the election.
Mitt Romney: Pro-Life conversion annoying, great hair though! Sounds like Mass. health reform is going well. Looks like used car salesman-definite minus. Is against stem cell research-another clue that religion has taken over his thinking. Separation of church and state is way too important to elect this man.
Mike Huckabee: Couldn't keep his religious views out of politics if it was personally requested by God. Supports civil rights, but opposes Gay marriage-can the two co-exist? Somewhat rational on the economy, but really likes Wal-Mart (says something about his style).
Rudy Guiliani: Cancer survivor, staunch anti-Islamist, pro-choice, in favor of extending same benefits to same-sex unions as traditional marriage (although doesn't go so far as to support Gay marriage, a mistake, in my opinion.) Is for reducing deficit through drastic spending cuts. Has survived very public shame in marriage failures, humbling him, humility is a necessary trait for any great leader. For free-markets. Handed the check back to Prince from Saudi Arabia after 9/11.
Run Rudy Run!
Newt Gingrich: Very smart guy, but owes Clinton an apology. You can't apply your moral code to everyone but yourself. A staunch supporter of "The Defense of Marriage" act, (anti-Gay marriage), who doesn't know which of his marriages to defend. His moral hypocrisy is really too bad, because on issues of foreign policy and economy, Newt is somewhat brilliant.
Michelle Bachman: Seriously?
Tim Pawlenty: Boring with a capital "B"...too religious. Can't win.
I am getting tired, but I guess Rudy is my choice. Wait, he's not running, nor would the Republican establishment ever support him.
John Stewart is always so funny:
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