The latest from Полнотекстовые фиды для блогофермеров
- Scorponok; Steve Jablonsky (Transformers Score)
- Boycott These Companies Against Free Speech
- Bad: US Spending $175K to put up new West Bank Road Signs. Worse: They'll be Written in Arabic and English Only, No Hebrew....
- Bernanke Falls Victim to Identify Theft
- Chrysler Group Says It Will Expand Li...
- Vick tossed short completion on second play
- Chrysler to accept some "old co" prod...
- Must Reads August 27, 2009
- ObamaNomics: Atlanta Fed Chief: The True Unemployment Number Is At 16 Percent . . .
- Obama's Czars - 22 listed
- Freedoms Americans Will Lose If Obamacare Wins
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| Big Ben and the Money Machine, Act II By The Mogambo Guru Tampa Bay, Florida Apparently I am one of the few who appreciates the Theater of the Absurd in the Bloomberg news article that reported "President Barack Obama nominated Ben S. Bernanke to a second four-year term starting Jan. 31", which clearly means that nobody else in their right mind would take the job as chairman of the loathsome Federal Reserve now that we are on the precipice of a Long Period Of Woe (LPOW), and only a clueless Princeton academic (the worst kind!) like Bernanke has the galling arrogance to think that he, alone in all the world's long history of people wrestling with this same problem, will come up with some wonderful plan to painlessly eliminate crushing government debts, crushing personal debts, and crushing business debts, and then everything will be fine again! To this, I laugh "Hahaha!" which is the unmistakable Mogambo Laugh Of Contempt And Ridicule (MLOCAR). You can hear the contempt in my voice when I rhetorically ask, "And on what does he base this sublime stupidity?" The answer is: The same neo-Keynesian economic trash (nKet) stupidities that got us into this mess: creating excess amounts of money and credit! Again we hear the MLOCAR, perhaps even more mockingly! When the repellent Alan Greenspan did this monetary madness when he was chairman of the stinking Federal Reserve 1987-2006, he created enough money to enable huge bubbles in stocks, bubbles in bonds, bubbles in consumer spending, bubbles in houses, bubbles in derivatives, bubbles in the size of government (thanks to the national debt in 1987 being $2,350 billion growing to $8,100 billion in 2006 when he left), and constant, simmering, exponentially-growing inflation in the prices of everything. And he did all of this – and more! – by creating about $10 billion a month in new Fed Credit, which was, of course, multiplied by the bank s and all loaned out, down to the last dime, thanks to their being under the control of the despicable Alan Greenspan and his foul Fed, and thus – thus! – had absolutely no – no! – provision for reserves of any – any! – kind against anything – anything! – going wrong with any – any! – of their loans or depositors! You can tell by the weird – weird! – punctuation in the preceding paragraph that I am really losing my grip on things, and I am glad that you cannot see the way my lips are comically flapping and the drool of stupefaction runs down my chin when one realizes that the bank s making riskier and riskier loans of deposits without maintaining reserves against potential losses, somehow bizarrely believing that by reassembling debt, where the interest rate reflects (among other things) risk, they could make risk disappear! Hahaha! But this is not the reason for the Screaming Mogambo Outrage (SMO), but the sudden, terrifying Question From Hell (QFH) that is hanging, like the aforementioned drool (some of which is now in my lap) on my trembling lips, as I am sure that it is yours, namely, "How much money must the monstrous Federal Reserve create from now on to accommodate at least $7 trillion of governmental deficit-spending over the next decade?" Actually, I was hoping that you would ask me that, because I can tell by the way you are not screaming in fear and outrage that you are ready to know that the news is out that the federal deficit-spending over the next 10 years is $9 trillion, every dime of which the Federal Reserve will have to create out of thin air. But what you may not realize is that this gigantic figure, which is just the borrowing needs of the federal government, which doesn't even include the additional hundred or so trillions more – more! – that will have to be created so that people and businesses can get back to borrowing and spending their little hearts out! And all of this new debt in a country where Gross Domestic Product (GDP) is only $14 trillion? Hahahaha! The funniest line was when Obama said, in his nomination, that everyone is all chummy nowadays in Washington, and he calls the chairman of the Federal Reserve by his first name, as in "Ben approached a financial system on the verge of collapse with calm and wisdom", which may be true in the "calm" part of the compliment, but as for "wisdom"? Hahaha! If he had any wisdom, you would think he would have said something during all those years he was the head of the economics department at Princeton, and then perhaps we would not be in this mess now! Wisdom? Hahahaha! And if he truly had any wisdom, he would be buying gold, silver and oil, which are guaranteed to shoot to the moon from all of this insanity, which makes investing so easy that one can only say, "Whee!" But we'll never know, because I can never get through when I call the Fed, and either get mysteriously disconnected or put on "indefinite hold", even after I specifically tell the receptionist "I want to know if Ben Bernanke is buying gold, silver and oil, or is he some kind of moron who actually believes that stupid neo-Keynesian crap that comes out of his stupid mouth instead of believing in the economic lessons of the last 4,500 years?" So while we will never know about Mr. Bernanke, who is now the collegial "Ben", you can be sure where I stand and why I will be proven right, which is why you can call me The Mighty Mogambo (TMM). Source | |
| Scorponok; Steve Jablonsky (Transformers Score) | Top |
| My account status is screwed up! I've been renewing my account the same way for years. I've even updated the information when I changed bank s. But today I received a text message stating there was a security problem with my card and I am thinking it is a hoax. About thirty minutes later I receive another text message stating there is a failure of payment. Keep in mind, I am looking at my bank account and seeing where they have the deducted the proper amount to paid for this account. So rather than being billed twice I am waiting on a response from Livejournal?! My last entry was about my internet or shall I say my ethernet cable syncing with my computer tower. Which by the way is still not working. Work is stressful! I have to be careful to not post any names or identifiers on this page. For all of the knowledge I have, I have never worked with a bunch of self-involved-I-am-going-to-(try really hard)-to-fuck-you-over-because-I-don't-want-you-to-have-it-but-I-don't-want-it-either people!! Enough energy spent on that, I need to figure out how to get a life. Soak up the sun or in my case the moonlight because the sun is not my friend. The sun has to be a female and we just don't get along. Source | |
| Boycott These Companies Against Free Speech | Top |
| Color of Change, a group co-founded by Obama's Green Jobs czar Van Jones (an admitted Communist) started a campaign urging sponsors of Glenn Beck's television program to drop their ads from his show. Below is the list of companies who were willing to sign on with this organization's plan. If you disagree with what they're doing, feel free to boycott their products and services. Geico Insurance Lawyers.com Mens Warehouse Proctor and Gamble Progressive Insurance S.C. Johnson State Farm Insurance Sargento Cheese Airware, Inc. (maker of Brez anti-snoring aides) Ancestry.com AT&T Blaine Labs, Inc. Cambell Soup Company Clorox Ditech (part of GMAC Financial Services) The Elations Company Experian (creator of FreeCreditReport.com) Farmers Insurance Group Johnson & Johnson (makers of Tylenol) Lowe's NutriSystem Sprint The UPS Store Verizon Wireless Traveler's Insurance Bell & Howell DirecTV WalMart Best Buy CVS Travelocity Allergan (maker of Restasis) Ally (part of GMAC Financial Services) Broadview Security (formerly Brinks Home Security) Re-Bath Also, if you have the opportunity, search for these companies on Google, contact their Marketing Departments, and, if you are boycotting, tell them you are and why. These companies refuse to allow free speech in America and for that alone, they should not receive any new or continued business. One good thing to come from this boycott is that Glenn Beck's viewer numbers have soared. Whole Foods, which is also experiencing a boycott due to the Left-wing fight against free speech, is also experiencing a rise in profits. One party's loss seems to be another party's gain. The ironic twist in the issue of the Glenn Beck boycott of 2009 is that Color of Change, the group sponsoring it, clearly states in their mission statement: "We are united behind a simple, powerful pledge: we will do all we can to make sure ALL Americans are represented, served, and protected - regardless of RACE or class." I guess they should amend that to say "but mostly we only support minorities and we're against free speech". Source | |
| Bad: US Spending $175K to put up new West Bank Road Signs. Worse: They'll be Written in Arabic and English Only, No Hebrew.... | Top |
| Says all that needs to be said about Obama's plans for the region.... New road signs in Palestinian-controlled areas of the West will be in Arabic and English, without Hebrew, a US official said Thursday. Mindy Masonis, spokeswoman for the US Consulate in Jerusalem, said the new signs will be part of a larger program aimed at improving conditions in the West . The development is seen as part of the preparation for a future Palestinian state. Masonis said no signs are being taken down, but the new ones in the Palestinian areas will be in Arabic and English. The sign project accounts for about $175,000 of a three-year, $20 million U.S. aid project to improve services in the West . Among the other aspects of the program are better processing of drivers' licenses and improvements in the road system, Masonis said. Rest here>>> ZIP H/T: Spencer Source | |
| Bernanke Falls Victim to Identify Theft | Top |
| The Federal Reserve has for years issued warnings about the spread of identity theft. On Thursday, officials revealed that Fed Chairman Ben Bernanke was himself a victim. Last August, Mr. Bernanke's wife, Anna, was sitting in a Starbucks coffee shop on Capitol Hill in Washington when her purse was stolen. It contained personal checks, four credit cards and personal identification, according to a theft report first revealed by Newsweek. Ben Bernanke dodged months of rumors Tuesday when President Obama renominated him as chairman of the Federal Reserve. But that doesn't mean the former Princeton professor will be coasting for the next four years. WASHINGTON – Giving Ben Bernanke a second term as Federal Reserve chairman was the politically safe course for a president beset by multiple crises and wanting no new battles. The decision also helped soothe jittery financial markets... American Express, GE, Nissan Lead Deb... Bernanke Personal Bank Account Struck By ID Theft No one is safe from identity theft: Fed chief Ben Bernanke's bank account hit by ring Why Bernanke's Power Will Be 'Curtailed' Nod to Bernanke reassuring Fed observers generally welcome a 2nd Bernanke term but say he should build a new legacy Obama reappoints 'bold' Bernanke as Fed chairman Challenges loom for Fed chief Bernank... Analysis: Bernanke is Obama's safe choice at Fed Bernanke's Low-Rate Fed Future Is Secure More stories ... | |
| Chrysler Group Says It Will Expand Li... | Top |
| Aug. 27 (Bloomberg) -- Chrysler Group LLC, the U.S.automaker run by Fiat SpA , said it will accept product liabilityclaims on Chrysler LLC vehicles made before the company exitedbankruptcy June 10 and those involved in accidents on or afterthat date. Chrysler Group announced its changed policy on liabilityclaims in a letter sent to members of the U.S. Congress, thecompany said in a statement distributed by PR Newswire. ChryslerGroup purchased most of the assets of Chrysler LLC, now calledOld Carco LLC, when the company emerged from bankruptcy,according to the statement. NEWPORT NEWS, Va. (AP) - A judge in Virginia on Thursday approved Michael Vick's plan to repay creditors who are owed $20 million and emerge from bankruptcy on the same day he was scheduled to return to the playing field with the Philadelphia Eagles. RICHMOND, Va. (AP) - Creditors who are owed a total of more than $20 million have endorsed Michael Vick's plan to pay them back and emerge from bankruptcy, according to a court filing. In balloting... Washington -- The Detroit Three automakers' share of "cash for clunkers" sales fell sharply, compared to foreign nameplates, in the final week of the $3 billion incentive program. General Motors Co., Ford Motor Co... Chrysler to accept some "old co" prod... Michael Vick heads back to bankruptcy court with creditors' support of $20M repayment plan - Fort Lauderdale Sun U.S. deals on clunkers aid imports, results say Creditors back Michael Vick's bankruptcy plan Big 3 sales fade as 'clunkers' wraps up Tribune bondholders seek to probe sale to Sam Zell Deputy CEO Press to Leave Chrysler Chrysler deputy CEO Press to leave-so... Chrysler Workers Await News on Model Cuts, Changes Chrysler may build Fiat 500 minicar in Mexico More stories ... | |
| Vick tossed short completion on second play | Top |
| PHILADELPHIA – Michael Vick zipped a few passes, ran around a bit and even lined up at wide receiver . In his first action in nearly 32 months, Vick has a new role: do-it-all quarterback . So far, the experiment has drawn mixed results. Vick completed a key pass to set up a field goal on his fourth play in Philadelphia's game against Jacksonville on Thursday night. The three-time Pro Bowl quarterback finished 4 for 4 for 19 yards in the first half. NEWPORT NEWS, Va. (AP) - A judge in Virginia on Thursday approved Michael Vick's plan to repay creditors who are owed $20 million and emerge from bankruptcy on the same day he was scheduled to return to the playing field with the Philadelphia Eagles. RICHMOND, Va. (AP) - Creditors who are owed a total of more than $20 million have endorsed Michael Vick's plan to pay them back and emerge from bankruptcy, according to a court filing. In balloting... SEATTLE | Mayor Greg Nickels walked into the crowded City Hall conference room to a standing ovation from the couple of dozen staff members on hand. As the applause began to subside... Judge OKs Vick bankruptcy plan Michael Vick heads back to bankruptcy court with creditors' support of $20M repayment plan - Fort Lauderdale Sun Creditors back Michael Vick's bankruptcy plan Boldin misses practice with sore hamstring As Vick nears Eagles debut, animal advocates want spotlight on dogs, not the dogfighter Former Athletes' Adviser Charged in Ponzi Scheme Michael Vick not barred from drinking Vick Continues Prep With Eagles Assistant Coaches Seattle's heavy-handed mayor loses primary Short debut for Favre More stories ... | |
| Chrysler to accept some "old co" prod... | Top |
| DETROIT (Reuters) - Chrysler Group LLC said on Thursday it is now confident enough about its business to accept product defect claims that arise on vehicles built before its sale process was completed in June. Chrysler's predecessor, Chrysler LLC, filed for bankruptcy protection on April 30 and the sale of substantially all of its assets was completed on June 10 to Chrysler Group LLC, which is managed by Italy's Fiat SpA (FIA.MI). Washington -- The Detroit Three automakers' share of "cash for clunkers" sales fell sharply, compared to foreign nameplates, in the final week of the $3 billion incentive program. General Motors Co., Ford Motor Co... NEW YORK (Reuters) - The National Hockey League filed a bid for the bankrupt Phoenix Coyotes franchise on Tuesday and said it planned to re-sell the team to a third party outside of the bankruptcy process if it wins. Aug. 26 (Bloomberg) -- Toyota Motor Corp., Japan's biggestautomaker, plans its first long-term closure of a domesticassembly line as car sales in the country fall to the lowest inmore than 30 years. Toyota... Facebook Lockdown: Social Network To ... GM Might Keep Opel After All U.S. deals on clunkers aid imports, results say Big 3 sales fade as 'clunkers' wraps up GM returns to Cold War fear in talks to sell Opel Chrysler, Nissan End Vehicle-Developm... Everything You Need to Know About the... Toyota Says It Plans to Cut Vehicle O... NHL bids for Coyotes, plans to resell them Report: Chrysler to build Fiat 500 in Mexico More stories ... | |
| Must Reads August 27, 2009 | Top |
| How Goldmans' problems are hurting you NY Post Roubini: The spend and borrow economy Forbes Homeowners can't catch up The Daily Reckoning 5 ways to protect yourself from deflation The Pragmatic Capitalist Is the Fed enabling foreign central banks to swap out their agency debt into Treasuries? Zero Hedge The political phase and the death of a nation Whiskey and Gunpowder Fed official: Real US unemployment 16% The Raw Story The rising tide in unemployment in America Washington's Blog Equities: As good as it gets? Dead Cats Bouncing Major reason stocks could plunge soon The Daily Crux | |
| ObamaNomics: Atlanta Fed Chief: The True Unemployment Number Is At 16 Percent . . . | Top |
| It's about time someone said it. Most Americans knew this for awhile... Breitbart : The real US unemployment rate is 16 percent if persons who have dropped out of the labor pool and those working less than they would like are counted, a Federal Reserve official said Wednesday . "If one considers the people who would like a job but have stopped looking -- so-called discouraged workers -- and those who are working fewer hours than they want, the unemployment rate would move from the official 9.4 percent to 16 percent, said Atlanta Fed chief Dennis Lockhart. He underscored that he was expressing his own views, which did "do not necessarily reflect those of my colleagues on the Federal Open Market Committee," the policy-setting body of the central bank . Lockhart pointed out in a speech to a chamber of commerce in Chattanooga, Tennessee that those two categories of people are not taken into account in the Labor Department's monthly report on the unemployment rate. The official July jobless rate was 9.4 percent. Lockhart, who heads the Atlanta, Georgia, division of the Fed, is the first central bank official to acknowledge the depth of unemployment amid the worst US recession since the Great Depression. Lockhart said the US economy was improving but "still fragile," and the beginning stages of a sluggish recovery were underway. "My forecast for a slow recovery implies a protracted period of high unemployment," he said, adding that it would be difficult to stimulate jobs through additional public spending. "Further fiscal stimulus has been mentioned, but the full effects of the first stimulus package are not yet clear, and the concern over adding to the federal deficit and the resulting national debt is warranted," he said. momma Source | |
| Obama's Czars - 22 listed | Top |
| Here's a short list of Obama's Czars. There are 22 listed here and supposedly 32 active in his administration. Over the past several decades, other Presidents have had people in Czar functions, but they were sometimes referred to as a different title. JFK, FDR, Lyndon Johnson, Richard Nixon, and even George W. Bush all had men and women under their employ in the same position as Obama's Czars...so why haven't concerns been raised about THOSE administrations? Probably because Obama has more active Czars in his administration than the total number of Czars in the entire Russian Imperial dynasty! AIDS Czar - Jeffrey Crowley Auto Czar/Car Czar - Steve Rattner (resigned); Ron Bloom Bailout Czar - Neel Kashkari (appointed by George W. Bush in 2008) Border Czar - Alan Bersin (was also in the same position for the Clinton administration) Compensation Czar/Pay Czar - Kenneth Feinberg Cyber Czar - Melissa Hathaway (appointment pending) Drug Czar - Gil Kerlikowske Energy/Climate/Global Warming Czar - Carol Browner Faith-Based Czar - Joshua DuBois Green Jobs Czar - Van Jones Guantanimo Base Closure Czar - Daniel Fried Health Care Czar - Nancy-Ann DeParle Infotech Czar - Vivek Kundra Intelligence Czar - Dennis Blair (retired Admiral) Performance Czar - Nancy Killefer (resigned); Jeffrey Zients Regulatory Czar - Cass Sunstein (Senate confirmation pending) Science Czar - John Holdren (Senate confirmed) Stimulus Oversight Czar - Earl Devaney TARP Czar - Herb Allison (appointed in 2008 by George W. Bush; Senate confirmed) Chief Technology Czar - Aneesh Chopra Urban Affairs Czar - Adolfo Carrion WMD/Nonproliferation Czar - Gary Samore Source | |
| Freedoms Americans Will Lose If Obamacare Wins | Top |
| This was originally posted by the Gateway Pundit but I had to repost it here: Freedoms you'd lose in health care reform 1. Freedom to choose what's in your plan. 2. Freedom to be rewarded for healthy living, or pay your real costs.. 3. Freedom to choose high-deductible coverage. 4. Freedom to keep your existing plan. 5. Freedom to choose your doctors... • Page 22: Mandates audits of all employers that self-insure! • Page 29: Admission: your health care will be rationed! • Page 30: A government committee will decide what treatments and benefits you get (and, unlike an insurer, there will be no appeals process) • Page 42: The "Health Choices Commissioner" will decide health benefits for you. You will have no choice. None. • Page 50: All non-US citizens, illegal or not, will be provided with free health care services. • Page 58: Every person will be issued a National ID Health card. • Page 59: The federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer. • Page 65: Taxpayers will subsidize all union retiree and community organizer health plans (read: SEIU, UAW and ACORN) • Page 72: All private health care plans must conform to government rules to participate in a health care Exchange. • Page 84: All private health care plans must participate in the health care Exchange (i.e., total government control of private plans) • Page 91: Government mandates linguistic infrastructure for services; translation: illegal aliens • Page 95: The Government will pay ACORN and Americorps to sign up individuals for Government-run Health Care plan. • Page 102: Those eligible for Medicaid will be automatically enrolled: you have no choice in the matter. • Page 124: No company can sue the government for price-fixing. No "judicial review" is permitted against the government monopoly. Put simply, private insurers will be crushed. • Page 127: The AMA sold doctors out: the government will set wages. • Page 145: An employer MUST auto-enroll employees into the government-run public plan. No alternatives. • Page 126: Employers MUST pay health care bills for part-time employees AND their families. • Page 149: Any employer with a payroll of $400K or more, who does not offer the public option, pays an 8% tax on payroll • Page 150: Any employer with a payroll of $250K-400K or more, who does not offer the public option, pays a 2 to 6% tax on payroll • Page 167: Any individual who doesn’t have acceptable health care (according to the government) will be taxed 2.5% of income. • Page 170: Any NON-RESIDENT alien is exempt from individual taxes (Americans will pay for them). • Page 195: Officers and employees of Government Health Care Bureaucracy will have access to ALL American financial and personal records. • Page 203: "The tax imposed under this section shall not be treated as tax." Yes, it really says that. • Page 239: Bill will reduce physician services for Medicaid. Seniors and the poor most affected." • Page 241: Doctors: no matter what specialty you have, you'll all be paid the same (thanks, AMA!) • Page 253: Government sets value of doctors' time, their professional judgment, etc. • Page 265: Government mandates and controls productivity for private health care industries. • Page 268: Government regulates rental and purchase of power-driven wheelchairs. • Page 272: Cancer patients: welcome to the wonderful world of rationing! • Page 280: Hospitals will be penalized for what the government deems preventable re-admissions. • Page 298: Doctors: if you treat a patient during an initial admission that results in a readmission, you will be penalized by the government. • Page 317: Doctors: you are now prohibited for owning and investing in health care companies! • Page 318: Prohibition on hospital expansion. Hospitals cannot expand without government approval. • Page 321: Hospital expansion hinges on "community" input: in other words, yet another payoff for ACORN. • Page 335: Government mandates establishment of outcome-based measures: i.e., rationing. • Page 341: Government has authority to disqualify Medicare Advantage Plans, HMOs, etc. • Page 354: Government will restrict enrollment of SPECIAL NEEDS individuals. • Page 379: More bureaucracy: Telehealth Advisory Committee (health care by phone). • Page 425: More bureaucracy: Advance Care Planning Consult: Senior Citizens, assisted suicide, euthanasia? • Page 425: Government will instruct and consult regarding living wills, durable powers of attorney, etc. Mandatory. Appears to lock in estate taxes ahead of time. • Page 425: Government provides approved list of end-of-life resources, guiding you in death. • Page 427: Government mandates program that orders end-of-life treatment; government dictates how your life ends. • Page 429: Advance Care Planning Consult will be used to dictate treatment as patient's health deteriorates. This can include an ORDER for end-of-life plans. An ORDER from the GOVERNMENT. • Page 430: Government will decide what level of treatments you may have at end-of-life. • Page 469: Community-based Home Medical Services: more payoffs for ACORN. • Page 472: Payments to Community-based organizations: more payoffs for ACORN. These are all verifiable by reading H.R. 3200 and you can find it through the Library of Congress/Thomas database. Source | |
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