Sunday, December 11, 2011

"Poor People" Creators? The Fed Will Always Think That Unemployment’s Not a Problem, DSK EuroZone Scam Ends, Don't Be Fooled (Again)? Film Noir Wars!

Nice, easy-to-understand chart on your economic future (which the folks in charge of the Austerity Regime hope you don't know) at Asymptosis. So much for ever getting a truly unbiased analysis from these guys. You'd almost think they have money on low unemployment numbers, wouldn't you?

The Fed Always Thinks That Unemployment’s Not a Problem

December 4th, 2011 7 Comments
A little behind here, but I wanted to post this eye-opener from Mike Konczal:

Their model is obviously telling them that whatever (non-)actions they’re taking at the moment will solve the problem.
And their model is obviously, consistently, and wildly wrong — and always wrong in the same direction.
Altering that model to accurately predict unemployment, of course, would require that they allow more inflation in order to address both of their mandates.
And higher inflation utterly slams the real wealth of creditors.
And the Fed is run by creditors.

 Which is also why we never see high inflation numbers reported anymore (food and energy prices now being excluded) due to the figures currently used being suborned during the Neolib years (under the Alan Greenspan Commission's tutelage is my guess around the same time that they enabled that group of "clever" men to come up with the "solution" to the rising cost of Social Security, et al., by raising FICA taxes on the bottom of the paying pyramid and then working hard advocating the repeal of all taxes on those above (when they mysteriously began to be called "job creators" by a much more compliant media - see Rupert's Murdoch's special deal with Reagan for citizenship if you don't believe me) so as not to raise inflation-sensitive safety net benefits more than a very small percentage each year (no matter the real inflation in prices): thus, more poor people created! (Who are all unworthy fakers, of course.)

Yes, not "job creators."

"Poor people" creators!

Russ Baker at Who What Why fleshes out my earlier Dominique Strauss-Kahn apologia. Read it for the "whoooosh" your heart will receive when you see the co-conspirators get caught red-handed.

About two minutes after that call to police the tall unidentified man and Brian Yearwood enter an adjacent room and “high-five each other, clap their hands, and do an extraordinary dance of celebration that lasts for three minutes.”

The Dominique Strauss-Kahn Case Revisited

Dec 10, 2011

I always loved dancing, listening to and being one with the humor within The Who's Won't Get Fooled Again! Lately we've been re-schooled in that curriculum.

Don’t Be Fooled

The Cordray block by senate republicans Wednesday exposes the defensive nature of the party. You’re damn right they’re under attack.

Scott Brown sided with democrats in the Cordray nomination.  This is an example how oblivious they are to the current American voter.  Why would any republican side with the democrats on that issue?  This is a regulatory agency designed to target business the Republicans own.  Do you think it has something to do with the senate race in Massachusetts?

Dean Heller voted against Cordray and in his defense he says he voted against the Wall Street bail out.  Does that make any sense?  These guys will BE ALLOWED to vary their stance on party positions to keep independent voters interest.  Key word, BE ALLOWED.  They know the demographic in both states and they will continue to try and manipulate to win those seats.

When Obama was elected, the country made a statement, we don’t want your money, we want you out!  Now, what is most important to the American public is justice.  Those seats are critical to continuing the path we are on.

The republican party will continue to try and position both the house and senate to deregulate financial and any other markets at the expense of the rest of us.  It is all they do.
Don’t be fooled.

The New York Crank writes a fine denouncement today of both our Fig Newt (sweetly tempting (to some) on the outside with a truly poisonous core) and the guardian of the Rethug "Libertarians," in reality off the fringe far Rightists:

Republicans have an odd habit of worshipping losers, liars, lunatics, and lunkheads.

Among their company is Newt Gingrich, whose star is now on the ascendancy after Herman Caine’s fell, owing to what used to be called “wimmin troubles.”

Before that was Michelle Bachmann and Governor Tex Whatzisname, who could stick their own feet in their mouths while standing up ramrod straight with their lips tightly shut.

Now one of the lunatic fringe candidates – no I take that back. He’s not on the fringe. He’s batshit crazy. Anyway, looney tunes Doctor Ron Paul has decided that Newt is a serious threat to his own candidacy, and has taken his case of the vapors to the Internet to denounce Newt.

Of course, in my own cranky opinion, Newt deserves denouncing. It’s just that I wish Doctor Ron wouldn’t blame the fall of western civilization on Fanny Mae and Freddy Mac, when they were mere bit players.

Fanny and Freddy followed after the big boy players in the mortgage meltdown, from Bear Sterns (remember them?) and Lehman Brothers (and remember them too – and also Countrywide Financial?) to the still-standing Citigroup, Goldman Sachs, Bank of America and other Wall Streeters who are occupied with their bonuses rather than the troubles they’ve caused America.

That said, without further ado, I turn my blog piece for today over to my guest blogger, Ron Paul, who sent me the following screed in an e-mail (he thinks I’m a conservative libertarian for some reason) along with this video denouncing Newt. Take it away, Ron:
As usual, click on the link.

My bestest buddy, Tony, at Wolves in the City makes what I take to be the final comment on the eerily film noir wars that the service-evading connivers have brought to our beloved troops.


And, no, it won't be the final one by a long shot.

The contrast between what happened latterly at Abu Ghraib and the 'standard' way prisoners were tortured during Saddam's regime is striking. Instead of the direct, brutal infliction of pain, the US soldiers focused on psychological humiliation. And instead of the secrecy practised by Saddam, the US soldiers recorded the humiliation they inflicted, even including their own faces smiling stupidly as they posed behind the twisted naked bodies of the prisoners.

When I first saw the notorious photograph of a prisoner wearing a black hood, electric wires attached to his limbs as he stood on a box in a ridiculous theatrical pose, my reaction was that this must be a piece of performance art. The positions and costumes of the prisoners suggest a theatrical staging, a tableau vivant, which cannot but call to mind the 'theatre of cruelty', Robert Mapplethorpe's photographs, scenes from David Lynch movies.

This brings us to the crux of the matter. Anyone acquainted with the US way of life will have recognised in the photographs the obscene underside of US popular culture. You can find similar photographs in the US press whenever an initiation rite goes wrong in an army unit or on a high school campus and soldiers or students die or get injured in the course of performing a stunt, assuming a humiliating pose or undergoing sexual humiliation.

This, then, was not simply a case of American arrogance towards a Third World people. The Iraqi prisoners were effectively being initiated into American culture: they were getting a taste of the obscenity that counterpoints the public values of personal dignity, democracy and freedom.

No wonder, then, that on 6 May, Donald Rumsfeld admitted that these particular photographs were just the 'tip of the iceberg', that there are stronger things to come, including videos of rape and murder.'


RealityZone said:
And who sits in an isolation cell? Manning. Not Cheney, Rummy, Wolfowitz, Woo, or any of the other Neocon gangsters. Where is the justice?

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