Wednesday, October 31, 2012

Halloween Candy and Social Security

How is Halloween candy different from Social Security? Halloween is a pyramid scheme that actually works because many more people are paying into it than drawing from it.

Monday, October 22, 2012

Two Party System Drones On

If you oppose drone strikes, that is to say the unmanned aerial military assaults of residential and business areas around the globe as the U.S. government sees fit, you cannot vote for Obomney 2012.


 


On issues like drone warfare, corporate cronyism, inflationary monetary policy via the Fed, the surveillance state, NDAA and PATRIOT, the drug war, and criminalizing whistle blowers, there is no debate between Obama and Romney.

The corporate duopoly works extremely hard to scare voters into "defensive voting." Rather than voting for a third party candidate or God forbid attempting to run as one, most Americans are corralled into electing the "least worst." Most informed progressives will cast a disillusioned vote for Obama and most principled conservatives will cast a disillusioned vote for Romney. Neither school of thought really gets what they want while Goldman Sachs and other Wall Street firms get exactly what they paid for.

Saturday, September 15, 2012

Thursday, September 13, 2012

Quantitative Easing Forever

With the Federal Reserve pledging to buy $40 billion in mortgage-backed securities per month for the indefinite future and a pledge to keep short-term interest rates near zero into 2015 (source), the film may as well be called:


"Fed Chairman Ben Bernanke evidently thinks that driving up the stock market will quicken the animal spirits of the affluent 20 percent who own 93 percent of equities, and this “wealth effect” will spur economic activity, eventually benefiting others. So, the interest rates Barack Obama favors are a form of the trickle-down economics he execrates." - George F. Will (source)

Sunday, September 9, 2012

Bank of America Stadium?

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Treasury Bonds - The Fed's Fuzzy Math

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"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - Thomas Jefferson

Tuesday, September 4, 2012

Segregated Conventions?

On a hunch, I took snapshots of the crowd during the 2012 Republican National Convention and the Democratic National Convention. The results were black and white.