The markets are lurching forward to new highs on a regular basis. Don't be deceived. This is not the result of goods and services being produced in the US. Many corps. have found ways of profiting from the "Great Recession" (I hate that term - It should be the Great Investment Bank Swindle of 1999-2008).
The markets are drunk on 85 Billion dollars of Fed printed money per month. There is so much money sloshing around in corporate coffers and banks continue to give at most, 1% on your basic 2-year CD.
Meanwhile, more than 45 million people in the US have fallen into poverty, about 1/6th of the population. Who is speaking and advocating for the poor? In my community, the local foodbank and homeless shelter, who act like arrogant Gods suffering the giving of a boon. Genuflect and kiss their ring before you fill out the app..
Inflation is coming. End the stimulus or use it to provide infrastructure for the homeless (small block apartment houses). A good percentage of the retiring baby-boomers is going to need them.
Rob Ford, mayor of one of the largest, most diverse cities in NA, admitted that he smoked crack in one of his drunken stupors but did not resign. He has big, fat cojones that are just hanging out there waiting to get whacked right now.
What is it about politicians who appear in scandals to act like deer jack-lighted by car headlights. It makes you want to cry or jump up and slap them in the face. Alas, it is the human condition. It takes time for powerful human beings to go from being a "Master Of The Universe" to the realization that they need to check into rehab..
One can only imagine Ford's advisors running around in circles, barking advice at the Mayor while all the time sending out resumes on their I-Phones and tweeting about their hopeless situation, the boss is an irrational drunkard.
I don't know whether to laugh or cry... Smile for the camera as you inhale!
Saturday hundreds of thousands shared the cheer and confetti Boston style as Baseball World Series champion Red Sox paraded their trophy around Boston in the city's fabled amphibious duckboats.
On Sunday the NFL's New England Patriots (playing at home just south of Boston) set a franchise record for points scored, destroying the Steelers 55-38. It was a flashback to the glory days as QB Brady was razor sharp with his 4 TDs and 432 passing yards. The Pats move to 7-2 on the year, but it still is a rebuilding year
It don't get much better than that if you're a hometown fan.
I just saw an interview with the Governor of Kentucky at his exchange call center blow away his Congressional delegation (nitwits Mitch McConnell and Rand Paul) with sound reasoning about Obamacare that will further shove the Republicans underground.
Kentuckians are signing up like crazy in the seemingly one state in the country that got their website right. I live in Vermont and they were another state to set up their exchange early and got the website wrong. Let people peruse the plans first and then have them register later and get their subsidy figured out seems to be the dealio.
When the websites get set up right and millions of people who had junk insurance get properly insured Americans will be far better off. The insurance companies are evil and had to have this shoved down their throat. They remain evil and lurking, trying as hard as they can to maintain their 20% profit margin. Their most egregious errors have now been outlawed. This was long overdue.
The last thing the governor said is that in one year, when everything is fixed, people will be further pissed at the deception of the Republicans like Rand Paul and Mitch McConnell. They are so far from the reality of their constituency that they are tripping-out, Washington style.
I foresee a wholesale slaughter of Republicans in the mid-term based on this issue and their never-ending obstructionism during the Obama years.
One further note: The Republicans are blocking the appointment of the next Fed Governor and have probably engineered the government shutdown to get the Fed to continue the faux stimulus that has the government pumping 85 Billion dollars of freshly printed currency into the marketplace every month. This should have stopped 18 months ago.
It effects you and your retirement. Printed paper can only lead to inflation. You can thank the Republicans for this gift.
I do not feel safe in my two-state area. The number of people packing concealed is going up and up and up. Still, the 300,000,000 guns in the US are concentrated in the hands of collectors, police, gangs, criminals, national armories and the military. That brings the percentage of everyday ordinary people walking around w/o a gun pretty high -- over 90% I should think. The NRA's claim that we should all be armed to the teeth because only the good guys with guns can stop the bad guys doesn't hold water.
And you can't own a handgun everywhere without a permit and another (with cause) to carry it concealed in Ma. and I think NY. There are mandatory jail sentences there. I know a guy who did a year in Ma. just passing through, because he was too stupid to know the law.
several weeks ago a couple of gentlemen here wanted to test their new found right to legally carry (concealed) firearms, so each one slung an AR-15 over their back and walked proudly around a large farmers market. Needless to say, they got quite a response, legally and otherwise. But all the police could do was ticket them and there wasn't one person interviewed who said they "felt safer" with those two all-American patriots exercising their federal and state rights. Apparently this is the new freedom that so many Americans have desired and voted for.
You can't bring nail clippers or shampoo on an airplane, BUT, you can carry a loaded, concealed firearm with you almost anywhere. Homeland security will seize 1/2 a dozen seeds of hope and innocence from a package while our government officials make sure we are "safe" during our holiday shopping experience by allowing it's adult citizens to be fully armed while getting 30% off China's finest plastic widgets.
Santa and 9mm's. That should be our new national mascot, Santa in a defiant stance with his arms crossed and in each hand a firearm. It's just so heart-warming. The perfect American dichotomy: love and the love of guns. And the parents can proudly explain,"Santa loves all of God's children, Janey, but he's nobody's fool. You'll understand when you get older and you're able to realize that you're living in a fucking insane asylum from sea to shining sea, sweety."
While I feel sorry, once again, for the victims and their loved ones, the TSA shooting will soon be eclipsed by another set of victims and their loved ones. All we have to do is stay paranoid.
Right now I'm watching the Boston Red Sox celebrate their World Series victory. They just stopped at the finish line of the Boston Marathon and had a rousing chorus of "God Bless America" and a moment of silence. Security is very tight. The bombing happened at the start of the Red Sox season this year so they feel they had to have some special tribute.
I have to admit that it is good to see hundreds of thousands of people celebrating without fear.
3 TSA (Transportation Security Administration agents were shot at LAX (Los Angeles International Airport) and one killed. Several other people were shot, for a total of 6. I don't know if that total includes the perp. or not.
From the BBC:
The suspect "pulled an assault rifle out of a bag and began to open fire in the terminal" inside the nation's third largest airport, he said. He then allegedly went to a security screening area and continued shooting.
President Barack Obama expressed concern about the shooting, but said he would leave law enforcement to talk about it.
Given my former post (on this page) in which I quote the gun nuts about the TSA (The Washington Times is reporting that TSA agents are being trained to save themselves in the event of a mass shooting at an airport security checkpoint.), I find this whole thing rather stunning. How the hell do crazy gun nuts pull this kind of prophecy out of their orifice?
Wish I could remember which gun nut made this prediction...
I've lived here for getting on 40 years. For most of that time all kinds of people lived here and got along. Now, not so much, in part because it is a playground and treasure trove for troublemakers of all kinds. My city council rep actually responded to complaints about the epidemic of people getting mugged for their phones by bleating about how the poor pitiful perps were only stealing phones so they could buy diapers for their babies. Um...
For the most part, at least on blocks like mine with determined neighbors, things are quite decent. But unlike in years past, you just never know when something weird is going to happen. You need more street smarts than you used to, for sure.
The President and the Congress have no meaningful oversight and control over the NSA. They are under the CIA and the Department of Defense, who provide the NSA the "National Intelligence Priorities Framework". The NSA then works to provide signals intelligence according to those orders.
In a democracy that changes leaders every 4-8 years there has to be a consistency in mission for the NSA. But the president and Congress should be in the loop. They are abdicating their democratic responsibility not to know and oversee things.
Who wrote the National Priorities Directive? Who benefits by it? Why did I have to learn about it from The Daily Show?