Month: June 2011

Doomed Enough?

The American middle-class: pretty much dead, dead, dead.

So I was wrong. I thought as the hardships trickled up from the poor into the middle class, so would the will to address them. I figured that if altruism weren’t enough, self-interest would spark a spirit of shared sacrifice motivating Americans to focus their government’s power to fill gaps in the private economy. Instead, the only people who gained from the trickle-up theory were the recipients of government bailouts at the very top of the financial hierarchy, which housed those who got us into the mess in the first place. — David K. Shipler

Doomed. For real. An inexcuseable, shameful failure of thge Whores who Rule Us.

See what a superior job in the economy Republican leadership performs.

If this doesn’t say it all, it says close enough to it all….

Lies rule.

Anyone surprised that Nikki Haley’s a complete dishonest, thieveing of garbage wasn’t paying attention — and not much was needed to realize it.

Doomedsday!

I wonder what Eisenhower would make of today’s US, with a military grown from 3.5 million people to 5 million. The western nations face less of a threat to their integrity and security than ever in history, yet their defence industries cry for ever more money and ever more things to do. The cold war strategist, George Kennan, wrote prophetically: “Were the Soviet Union to sink tomorrow under the waters of the ocean, the American military-industrial complex would have to remain, substantially unchanged, until some other adversary could be invented.” — Simon Jenkins/The Guardian (the best paper you don’t reader and a sterling example of a still-great newspaper — over Keller’s and Pinch’s minds, of course).

Doomed:

The result – that one theory has been proved wrong, another proved right, yet the world continues to believe in Theory #1 – is frustrating. It’s also tragic, because that intellectual obstinacy is contributing to the “new normal” of permanently high unemployment. — Krugman.

Doomed:

In the United States, we learn that Barney Frank was responsible for the housing bubble and the financial crisis. Who knew that a member of the minority party in the House, at a time when Republicans not only ruled the House with an iron fist but also controlled the White House, had such power? — Krugman.

Doomed:

[I]f powerful political forces block any effective response to a crisis, there is no effective response to that crisis. — Krugman

Doomed!

Medicare must be destroyed because private insurance — vouchers — is a superior solution because Medicare costs are rising slower than private insurance premiums.

Doomed! The Big Banks want another crash because if they lose enough, they get the government to cover their bad speculative losses — and the Supreme Court is making it easier for them.

Doomed! Because Our Leaders are unprincipled, opportunistic, dishonest assholes.

Doomed! Things just aren’t getting better.

Good news for Bristol Palin: I still won’t think of the publicity whore daughter of a deranged, dangerous, greedy publicity whore as a slut.

The Book of Doomed

Here’s your fair and balanced: Thomas Jefferson, hero of the modern conservatives:

Whenever the people are well-informed, they can be trusted with their own government.

If once they [the people] become inattentive to the public affairs, you and I, and Congress, and Assemblies, Judges, and Governors, shall all become wolves.

Enlighten the people generally, and tyranny and oppressions of body and mind will vanish like evil spirits at the dawn of day.

That was then, this is now.

Doomed:

It seems the Gang of 500 has decided that it’s ok to notice that people are unemployed again, although since the solutions from politicians seem to be “cut taxes and spending” and “cut spending but not quite as much” we’re probably not going to get any kind of real discussion of what might actually help those weird foreign creatures known as the unemployed. — Atrios

Doomed! Contra Atrios, the Republicans would be happy fiscally if they just destroy Social Security and Medicare and cut the wealthy’s taxes. All they care about is getting money away from government and into the hands of the speculators (not investors, because the Republicans’ policies hurt investors and small businesses).

Doomed! because none of our leaders care about anyone but the .1%.

Doomed! by retarded partisan assholes whoring for the .1% instead of leading.

Doomed! because this is the level of leadership we accept and empower.

Doomed!the proof. Only hope that the professor’s prediction is correct, but the electorate are dumb, ignorant and fickle, unable to see the truth in front of their eyes….

Doomed! Just another example of lies setting policy.

Doomed! By historically inept leadership —posturing instead of policy.

Don’t this Say it All Too

Marc Faber in the 13 June 2011 Barron’s: “The world has a dual economy. In the economy of the super-rich, Bentleys and Rolls Royces and Ferraris and Porsches sit in front of fancy hotels. Quantitative easing has had a huge impact on this economy, as the people who own equities and commodities have done very well. Singapore and Hong Kong are boom towns because of quantitative easing. China has been helped dramatically by artificially low interest rates and a recovery in consumption in the U.S. and elsewhere. At the same time, the economy of the workers and lower middle class is doing very badly. Wage increases don’t match cost-of-living increases.”

The Downward Spiral… “No Brakes! No Brakes!”

One picture....

The success of Republican fiscal policies.

My new obsession: Sovereign debt. Who holds it and should really care when the creditors’ speculative “investments” tank? Iceland proves the answer is No. In a normal world, investments aren’t guaranteed.

I’ll take this as proof of corruption. In any case, it’s bad.

Doomed! The War on Competent Leadership’s victories.

Doomed! A recap.

Obomba’s New Fail. And here’s at least a partial reason.

Destoyers of America.

I know pols by and by are, let’s say, pathological and dysfunctional but Joe Lieberman just gets worse and worse and won’t stop with the sick crap….

The Afghan Fail: General Betrayus: Just another bullshitter, another failure.