The Chinese Debit
The Untied States and China have a very sick relationship that needs to be fixed. What should scare the U.S. is China will fixing it first. The U.S. owes a crap load of money to the Chinese, but we are the biggest importer of Chinese goods. By loaning the U.S. government money to fund it's projects, it doesn't have to raise taxes. Not raising taxes leaves more money for U.S. citizens to spend on Chinese imports.
China is working hard in other parts of the world, trying to development new markets. When they hit the point where more goods are being shipped everywhere but the United States expect them to come due with the bill.
Turning a blind eye to fraud
http://www.msnbc.msn.com/id/30456930/
In 1969, an aeronautical engineer at North American Rockwell discovered a discrepancy in his paycheck: Every hour, he was being overpaid by roughly 2 cents, or one-third of 1 percent of his pay.
He was told to shut up sit down and be quiet.
Showing the true horror of this recession
This video shows the unemployment rate since Jan 2007 to Sept of 2009. It is truly horrifying what has happened to this country.
A thought on American Goverenment
This has a definite right wing slant make remarks about the rule of law over the rule of the elites. It also takes an Libertarian slant against all politicians that currently spend their whole lives trying to rule.
The Politics Test
| You are a Social Liberal (75% permissive) and an... Economic Moderate (41% permissive) You are best described as a:
Link: The Politics Test on Ok Cupid Also: The OkCupid Dating Persona Test |
John Hodgman at Radio & TV Correspondents’ Dinner
More Cloak and Dagger even under Obama
This should blow my mind, but it doesn't. The shear incompetence of the government and the inertia of bureaucracy is as always a tale of woe.
More police abuse
“Those who desire to give up freedom in order to gain security will not have, nor do they deserve, either one.”
-- Ben Franklin
It's time to get the government out of our lives Checkpointusa
Bill Moyers
The best way to rob a bank is to own a bank.
I know this is a lot of economy stuff today, but as someone who has been hit hard by the liars and cheats it gets under my skin.
I.O.U.S.A
I.O.U.S.A. – the 30-Minute Version from IOUSA the Movie on Vimeo.
Looks are deceiving, Dubai modern serfdom
Dubai is a modern serfdom what really surprises me is not the abuse, but how fast people learn to turn a blind eye to it. It's a touch like the Stanford Prison Experiment if it's not me, it's OK. The naivety of the people expecting Dubai to be like the culture of the west just because of the big shiny building.
That can't be right!
Army psychiatrist are being pressured to misdiagnose Post-Traumatic Stress Disorder to something that will not give benefits or reduce the amount the veterans should be entitled. This is so messed up, after Vietnam I thought the government had learned it's lesson.
The Big Takeover (Rolling Stone)
The Big Takeover I am going to have to start checking out Rolling Stone more often. The link is to a story about the crash of 2007/2008/2009, and how people on Wall Street used it for their political gain in Washington, D.C. The bailouts and TARP money has been wasted on these idiots, because it was never "trickled down" to the masses. I believe that it will cause the recession to drag on longer then necessary. The government giving the big banks "breathing room" has cause them to pause everything that could be risky, ie giving loans. Which is how America drives growth. So no loans = no growth = stagnation. When you get stagnation people start to save money in order to deal with the inflation everyone feels is coming, and it will. Inflation will come due to the scarcity of goods because business can't get the loans needed to purchase good from the factories, this causes factories to make less and laying off people. After the current round of deflation is cleared after current stocks are sold, the factories will not be able to meet the demand of the buyers. Which will cause the price of items to increase based on the demand of limited resources. The interesting aspect of this is banks will start giving loans to business because of the increase in profit.
Pat Condell - Shame on The Netherlands
Islam got it's 1st victory in Europe
(via Cynical-C)
Stories in 2008 that should have gotten more attention
There were several stories that didn't get very much attention by the general news outlets, as I think they should have.
1. Journalists were arrested at both the RNC and DNC Conventions. Most of them for just doing there jobs, taking pictures and interviewing people. The police mentality of "when we do it's legal" is very Nixon like.
Go to Nightline click on "Sex, Lies and Videotape" to watch one of these arrests.
2. The Fed is hiding where our 1.5 trillion bailout for the banks is being used for, and what is being used as collateral. The did this for fear that it would undermine public confidence in the system. I don't think knowing what were are getting for our money should make us nervous, it's how a 700 billion dollar bailout has ballooned to 1.5 trillion. Opps make that 8.5 trillion, to bad I have a 401k retirement instead of gold bars under the bed.
Click Here if you would like to see where all your money is going.
3. To top all that off Rep. Brad Sherman gave a speech on the floor of the House saying that he was threatened with martial law if this bailout wasn't passed. Watch it for yourself.
