Tuesday, July 10, 2012
HMS Romney
The Colonists reacted very strongly to the passage of the Townshend Acts. All of that fiery rhetoric about "no taxation without representation" would eventually lead to the Boston Massacre, the Boston Tea Party, and the American Revolution. The Romney was involved in such things as impressing local sailors into the Royal Navy, providing a refuge for tax commissioners who were fleeing the mob, and the Romney even seized a vessel belonging to John Hancock. Yes, that John Hancock.
The Obama campaign should commission a reproduction of the Romney, in the form of a parade float, and send it around the country. JFK's campaign did something similar with his famed boat the PT 109. Of course, the intention there was to celebrate the heroism of the commander and crew of the PT 109. In this case, it would be to draw attention to the fact that a British warship named HMS Romney was, in effect, a tax enforcer during the American Revolution. It would be a clever, and intelligent, way to educate the voters about their own history, and that of the presumptive Republican nominee for president.
Sunday, July 8, 2012
NOT MILK
In all seriousness, I'm surprised more attention hasn't been paid to the possibility that Monica Lewinsky was a GOP plant. Remember that hideous woman who Monica confessed all to? Wasn't she a Republican? It just makes sense. The Republicans were desperate to destroy Bill Clinton ahead of the 2000 presidential election. They knew they couldn't run on the economy because it was running strong. The country was at peace, and Al Gore would have a solid record of accomplishment to run on.
But, Gore instead ran away from that record as fast as he could. Because that's what his harpy of a wife told him to do. Tipper Gore was oh so outraged at the Monica Lewinsky scandal that she told Al Gore to distance himself from Clinton during the campaign. As well, Gore picked someone who was quite possibly the worst running mate imaginable in the person of Joe Lieberman. Supposedly, the so-called "conscience of the Senate" would help erase the stains of the Clinton presidency from the voter's minds. What he ended up doing was costing Gore a half-dozen or more states.
Even with all of that, Al Gore still won the fucking election. But, it ended up being close enough for the bastards to steal it.
Monday, June 4, 2012
Wednesday, January 11, 2012
White Man's Burden
Thursday, January 5, 2012
Israel and the Map
But, no matter. He has been photographed in a white lab coat, surrounded by shiny things, and we are told that proves Iran is trying to develop a nuclear weapon. And such a thing simply cannot be allowed to happen. In fact, we must go to war to stop it from happening. If you ask why that is the case, they will tell you about Israel and the map again.
And, if you are rude enough to point out the fact that the United States has thousands of nuclear weapons, and Israel likely has hundreds, you will quickly learn what it means to be a pariah. Friends will insult you, and block you on facebook. You will be called an "anti-Semite" for daring to suggest that bombing Iran might be more for the benefit of Israel, then for the security of the United States.
Ron Paul 2012. I don't want him to become the president, but I'm damn glad he is running.
Wednesday, January 4, 2012
An Inconvenient Truth

Wednesday, November 23, 2011
Privatized Profits Socialized Risk

On October 3, 2008 President George W Bush signed into law the Troubled Asset Relief Program (TARP), which authorized the United States government to spend up to $700 billion buying up assets and equity from private financial institutions.
“In particular, the program was designed to deal with "troubled assets" which it defined as (A) residential or commercial mortgages and any securities, obligations, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 2008, the purchase of which the Secretary determines promotes financial market stability; and (B) any other financial instrument that the Secretary, after consultation with the Chairman of the Board of Governors of the Federal Reserve System, determines the purchase of which is necessary to promote financial market stability, but only upon transmittal of such determination, in writing, to the appropriate committees of Congress."
In short, the government was reacting to the Subprime Mortgage Crisis which was wreaking havoc on the US economy. And, contrary to what you may have heard from conservative ideologues, the people that caused the crisis are the very same people who became the recipients of what is generally referred to as “The Bailout”. The economic leaders of the industrialized nations had no trouble identifying the culprits:
"During a period of strong global growth, growing capital flows, and prolonged stability earlier this decade, market participants sought higher yields without an adequate appreciation of the risks and failed to exercise proper due diligence. At the same time, weak underwriting standards, unsound risk management practices, increasingly complex and opaque financial products, and consequent excessive leverage combined to create vulnerabilities in the system. Policy-makers, regulators and supervisors, in some advanced countries, did not adequately appreciate and address the risks building up in financial markets, keep pace with financial innovation, or take into account the systemic ramifications of domestic regulatory actions."
The above paragraph grandly titled the "Declaration of the Summit on Financial Markets and the World Economy" was the conclusion drawn by the leaders of the Group of 20, meeting in November of 2008, to determine the causes of the ongoing global financial crisis. A crisis which was precipitated by the collapse in value of mortgage-backed securities issued by US financial firms, and sold to investors across the globe. What you saw during the manic years of the US real estate bubble was a complete abandonment of sound lending principles. There are those who will try and convince you that it was all the fault of poor people and deadbeats receiving loans they didn't deserve, and could never pay back. Don't believe it. Look at the compensation and severance packages that the CEO's of financial institutions received, after losing tens of billions of dollars for their shareholders and investors.

