America’s politicians must think that this is their audience…
Now that Obama is back on the campaign trail, preparing for his run in 2012, he has decided to increase the populist rhetoric yet again, setting aside the facts in favor of political expediency:
“I know that if you’ve got a limited budget and you just watch that hard-earned money going away to oil companies that will once again probably make record profits this quarter, it’s pretty frustrating,” Obama said, speaking before a town hall in Virginia.
“It is true that a lot of what’s driving oil prices up right now is not the lack of supply. There is enough supply … The problem is … speculators and people make various bets, and they say, you know what, we think that maybe there’s a 20 percent chance that something might happen in the Middle East that might disrupt oil supply, so we’re going to bet that oil is going to go up real high. And that spikes up prices significantly.”
This guy is hilarious. There is “a 20 percent chance that something might happen.” What, like a war? Oh no, wait, sorry, that has already been priced in since you started to BOMB LIBYA.
So, I guess now that you are funding a new war in one of the Arab world’s largest oil producers, the risk that supplies could be further disrupted is greatly increased, making further bets of a price rise all the more likely. I guess this is what you mean. Ok, got it.
And I’m sure that your support for the rolling bailouts and cash give aways to mega banks is not part of the problem either. I’m sure Goldman’s recent announcement that, once again, its largest profit source comes from proprietary trading is not at all aided by the tens of billions of dollars that they have received in subsidies and free money over the past several years. I’m sure the fact that they are no longer an investment bank specializing in allocating money from savers to investors, but rather a casino gulag, co-locating servers on the exchange to syphon off money through HFT and front-running orders is not a direct result of lax oversight and 0% interest rates.
I’m sure that all the free cash that the financial sector gets is not used to speculate on oil future. I’m sure that cheap interest rates are not causing hedge funds to chase yield on high-risk investments that will cause a new crash in equity markets around the world as money flows into junk bonds and other crappy instruments. I’m sure that none of the speculation Obama is talking about is the result of Federal Reserve and government policies to flood the entire banking universe with free money. I’m absolutely positive that this can’t be the problem.
Obama is a joke, and so is anyone else who still thinks that this guy has the country’s best interests at heart. The only thing he does consistently is lie egregiously, and he does it right to people’s faces. Who were these people at this town hall anyway? Half of them must have been drugged up on opiates and the other half must have been stuffed dolls, because if anyone with half a brain was sitting in that audience he or she would have either walked out in disgust or told our latest puppet to throw himself in the wood chopper where he belongs.
I’ve been listening to Donald Trump’s faint background noise grow into something more akin to a slight din the past couple of days, and it’s starting to annoy me.
I’m one of those people that actually likes Donald Trump. He is one of those rare people who is so unapologetically narcissistic and insecure that it is actually charming in a sick sort of way.
This being said, if what Trump is doing now is anything more than a publicity stunt, and he actually intends to run, then I’d be pretty horrified. With a landscape littered with people like Sarah Palin and Mitt Romney, the guy actually has more than a chance of winning the nomination.
Meanwhile, this is the same guy, who 10 years ago proposed a one-time tax on “rich people” (there are those rich people again) that would solve all of our debt problems. Trump said that this included people like him, and that he would have to pay something like $600 million. That’s absurd. Donald Trump’s life is all about money. His business model is based on leverage. If he gave away 15% of his net worth (and he is always pumping that number up) he would probably go bankrupt. He is so full of crap.
What’s more important here is that there are no serious candidates who the mainstream media are currently endorsing. The only option is Ron Paul. I would go bonkers for a Ron Paul/Jesse Ventura Ticket for 2012. Platform:
- END THE FED
- ABOLISH THE INCOME TAX
- TAKE A MACHETTE TO THE PENTAGON
- REPEAL THE HEALTHCARE LAW
- BALANCE THE BUDGET
- REPEAL THE PATRIOT ACT
- END THE WARS
I know this is unrealistic for one administration, and some people may look at this and say “you are crazy, and you are not sensitive to the needs of people who depend on these programs.” Actually, I am sensitive to their needs, but if we don’t make these type of serious threats then we are not going to get the kind of cuts we need in order to put our discombobulated economy back to a place where it can generate profits by actually creating products that people want. Instead, what we have now is casino capitalism, full of fake paper profits supported by central bank command and control economics where the subrifuge that is supposed to be redestributing capital to the periphery has become nothing short of a black hole where opportunity goes to die.
Changes like this will take decades to implement, but you need to start somewhere. Paul Ventura 2012!!
I attempted to write a short blurb about Jesse Jackson Jr.’s latest House floor rant, but nothing I can write could possibly come close to expressing the absurdity of his speech. Don’t get me wrong, I’m not making a value judgement on the guy. He seems pretty nice, and I know next to nothing about what he stands for. All I know is that this is the second speech (to view his “mandate an iPod” speech, click here) where I have seen Jesse Jr. make ridiculous claims and nonsensical judgments about things that seem, well, completely irrelevant to what is going on in the world. See for yourselves:
Shut down averted! What a shock. Let me quote House Majority leader John Boehner:
“We’re not going to roll over and sell out the American people like has been done time and time again in Washington.”
No, you are just going to roll over and sell out the American people like has been done time and time again. Wait, what?
I don’t mean to be picking on individuals lately, but I’m starting to feel that the only way to get anywhere with my specific criticisms is to attach them to specific people, even though what I’m saying applies to pretty much everyone in the mainstream media.
Let me just quote you the first paragraph from the lead article on Reuters this evening, written by a Mr. Thomas Ferraro. The article is on the “looming government shutdown” in the United States, staged over a truly meaningless budgetary squabble of something like $50bn in cuts, in the face of a $1.7bn deficit. That’s about 3% of the total deficit. It’s basically a joke. Here is the quote:
“Hard-nosed rivals with tough backgrounds, John Boehner and Harry Reid are locked in a bitter fight over spending cuts but aides say they have a good relationship that may offer the best hope of avoiding a government shutdown.”
Now, I linked to Mr. Ferraro’s bio on Reuters. There is no mention of his age, but he looks like he is easily pushing 60. My guess is 68, and I mention this only to eliminate the possibility that he is some extremely naive and ignorant youngster trying to climb the corporate ladder of syndicated news.
Mr. Ferraro knows perfectly well that Majority House Leader Boehner and Senate Majority Leader Harry Reid are not “locked in a bitter fight.” How can you have a bitter fight when you are arguing between cutting the budget by 2% or 3%? Furthermore, how can you have a bitter fight when you have no ideology? Reid and Boehner are career politicians. Both of these guys have been in Washington DC, as elected members of the house and senate, for over 20 years apiece. Their only commitment is to compromise and “going along to get along.” How do you think they even got to be majority leaders?
The spin on this “possible government shutdown” is so absurd. We aren’t even being lied to effectively anymore. At least Bush set up fancy terror alerts systems and false flag news reports (for a reminder see here), and at least we had Condoleezza Rice threatening all out nuclear armageddon if we didn’t roll over and comply with the implementation of an Orwellian police state. At least those lies actually scared the american people. But a government shutdown? If anything, americans are preying that the negotiations actually fail and they actually do shut down the government. If only we could be so lucky…
So, I beg you Mr. Ferraro, please oh please, would you stop putting us to sleep with these pathetic news stories about “hard-nosed rivals” duking it out under cover of government shutdown? Just tell us the truth, that house democrats and republicans love having their asses grabbed by lobbyists and are too busy getting interest-free mortgage loans and other little perks to even consider standing up for their constituents. If you do that, I may even start following you on twitter; how’s that?
As always, Dylan Ratigan deservers props for being the only news anchor on MSNBC that actually has any moral fiber.
Biden says that a President has no constitutional authority to take the US to war without Congressional approval
So, let me get this straight. Biden stands by his statement that President Obama cannot take us to war against Iran because he does not have the constitutional authority to do so, but he does have the authority to take us to war against Libya?
If you are going to live your life without any integrity, then at least AVOID THE QUESTION. Don’t sit there and say that you stand by your previous statement that bombing Iran without congressional approval is an impeachable offense, but that somehow what you, Obama, Gates, and the private oil/military companies involved, are doing in Libya is O.K.
For all those concerned with the future of democracy fear not, for you can be sure that stupid people – who make up 99.99% of the population – do not qualify for membership. The good news for stupid people is that they do not need democracy anyway. Democracy is cumbersome and imposes upon the citizen an unfairly high demand for self-procurement. This means that one would have to spend additional time out of his or her day actually trying to understand the world, what problems exist and how best to solve them. This is an exhausting exercise and very unfulfilling. To top it off, all this additional reading means that one cannot catch his or her favorite new reality TV show of a devolving human species slobbering all over itself and anything that it finds remotely attractive. This, of course, would be devastating to human socialization, which depends so heavily on knowing these sort of trivialities in order to strike up your usual bullshit conversation, which obviously is crucial in all contemporary mating rituals.
Of course, despite the recent revelation that democracy is not for everyone, it is essential that people maintain, within their daily lives, the illusion that they actually know what is going on around them and can influence major events by casting a ballot every four years. Although physically voting is encouraged, rest assured that the vote itself is not particularly important; it’s the thought that counts. What is most important is that you catch the major headlines by either occasionally refreshing your web browser (whose homepage, of course, should be one the trusted news networks like CNN, NBC or Fox) or by watching as much Situation Room with Wolf Blitzer as possible. You should then follow up on this activity with occasional “around the water cooler” talk about Hillary’s fictitious trip to Bosnia, your assessment of the state of the sub-prime market or what you think America is doing wrong in Iraq (and throw in an observation about Shiites and Sunnis as well). Given the general gloom that pervades this particular period in America, you should approach these issues with a sense of disappointment, shaking your head as you speak about these subjects or as you listen to others do the same. Whatever you do, do not try and complicate the issues by straying beyond the very rigid talking point frame crafted by our diligent media and information industry. You will only risk damaging the fine texture of the conversation. Awkward moments can create a sense of anxiety that should be avoided at all costs lest one stray “off the reservation.” Remember, no one likes a smartass.