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It has nothing to do with facts. It is about power.

Troy Davis, whose conviction had plenty of doubt surrounding it’s authenticity, was put to death… just because.

Because they could.

They could also have stayed his execution…

I remember George W. Bush doing the same thing. I remember Rick Perry actually bragging about himself doing the same thing. It is almost that they would rather be seen as unwavering or decisive, than be seen as right or correct in what they do….

History is full of their other miscalculations.

Yellow cake is in Iraq.
Nuclear weapons are in Iraq.
Chemical weapons are in Iraq.
Al Qaeda and Saddam are in cohoots.
Nuclear Power is the safest energy source available.
Wind and Solar are too expensive of commercial application.
Drilling off Florida’s beaches will drop gas prices today.

And yet when someone provides real information that doesn’t fit in their narrow view of the world, such as… “Osama Bin Laden seeks to attack US (August 6 CIA brief)… they ignore it.

This disregard for truth, and penchant for fantasy, is disastrous…. I would not be surprised if Rick Perry said America would be safe because Iron Man was an American and would protect us. He knows it in his heart to be true…

Well, I have news for Mr. Rick Perry. The heart sometimes lies. The heart sometimes is wrong, and the heart can make people do absolute crazy things they regret later….

Just ask Casey Anthony’s daughter…

Cold logic. facts, balancing and weighing alternatives, long, arduous negotiations, sanctions, are the real impetus of long lasting change.

And cheaper. Iraq? $1 trillion mistake. Afghanistan? $1 trillion mistake…. But the impetus of action by Republican leadership, caused this nation to be hit by two torpedoes. …

“Damn the torpedoes” makes a good story… when one gets it right… as supposedly did David Farragut in the Battle of Mobile Bay, August 5, 1864….

But getting it wrong?

Which is why Troy Davis is so tragic.

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“But the big dilemma is how to deal with national debt. If governments spend more, they increase the debt. If they cut back, they slow the economy further. “I don’t know how it’s all going to end,” says Ron Simpson, managing director of global currency analysis for Action Economics..

The answer is rather obvious. You take it from those who have it… Long before modern civilization, that used to be the king and you took it from him by force; then, it evolved to the wealthy class and you busted monopolies,, then to the top echelon and you taxed, and now, it is appropriately named “the top 1%….”

You TAKE it from THEM……. Over the evolution of man and society, we have learned that it is a lot more effective to use benign forms of taxation, giving them options on how they wish to pay back, than storming the castle and killing all inside… and then looking around at each other, and saying …. “ok, so now what?”

Simply raise taxes on all profit until the debt crises has abated. But, be sure to give ample tax breaks, to the point that taxes can be completely written off, on every penny that is invested into physical capital in that country under question… That includes the United States…..

Move away from income tax… and more to profit tax… Which is essentially what the United States Income Tax System has now become.. and probably must now stay…

Instead of how much do you earn: we’ll tax that… our mantra is how much do you have after a minimum level of expenses have been surpassed.

Here in America it takes $56,000 for a family to live comfortably and have a 10% buffer. That is about where our income tax begins to take money and put it into the Treasury.

We’ve even evolved to where if you are a functioning adult, making a contribution to society and are under a poverty minimum, we will pay you money for your contribution.. (EIC)

This philosophy seems to work well.

WE, the People, just need to insist that it also applies to corporations and the top 1% as well…

Hell, during war we do it all the time… Hello, Mr/Mrs. We’re under attack. WE need to borrow your son/daughter for a while, maybe forever…

So why not: Hello, Mr/Mrs. 1 Percenter. We’re in a financial crises. WE need to borrow your excess profit for a while… just one year or two… Benefit to you, is that you will be twice as big and ready to double your income, as soon as that profit ban is lifted……..

Definition: Where American spending was brought up to the level where it should be, without the necessary revenue to support it.

(As evidenced by 154,000 private sector jobs being created in July.)

The problem is not with spending. The problem is the lack of taxing of the top 1%. The spending seems to be doing its job.

There are two choices before us:

One, we tax the top 1% and live the quality of life we deserve…..

Two, we continue the tax cuts, allowing the top 1% to not pay their fair share in taxes, and continue the quality of life we’ve suffered since 2001..

Simple microcosmic view: find a pothole in today’s state road system… You can’t, it’s covered up with stimulus funded new pavement… Nice, crisp, sharply painted blacktop, as far as the eye can see….

Compare that to the Bush Era… Potholes galore and getting them fixed was like pulling teeth…

Now pull back and look at your entire lifestyle with all it’s moving parts…. first see one where everything outside your control is operating smoothly like clockwork ( a Visa commercial comes to mind), and the other where it is all cacophonous and catastrophic…..

So, in which type of lifestyle do you prefer to live?

Decide and vote.

I’m printing this article in full: tell me, where in America can you find journalism this “fair and balanced”?

Another crisis in the horizon?

A | A | A |
Winarno Zain, Jakarta | Tue, 07/19/2011 7:00 AM A | A | A |

It seems the world economy has faced endless threats preventing it from sailing smoothly into a strong recovery this year.

First there was the Greek debt crisis that jolted several major banks, and then a political uprising in the Middle East that pushed up oil prices, and then a tsunami in Japan that disrupted manufacturing activities in many countries.

The world economy has not fully dusted off the adverse impacts of these three events. Yet another headwind is looming large on the horizon. This time it is the possible default of the US government of its debt on Aug. 2, if the US Congress fails to approve an increase to its debt ceiling as requested by President Barack Obama. By that date, the US government debt would have reached its maximum allocated limit of US$14.3 trillion.

The current negotiation between representatives of Democratic and Republican parties on the US budget deficit has run into a deadlock, and so the possibility is real that there won’t be any substantial agreements reached, since the dateline is nearing. Major rating agencies such as Standard and Poor, and Moody’s have warned they are ready to downgrade the US government debt rating from top grade AAA.

This would be the first time in 90 years that the US government debt has been downgraded.

It is not hard to imagine what will happen if by Aug. 2 the US government has exhausted its credit ceiling and can not get additional debt to pay for its spending needs.

The US government would have to curb its spending, and because some of these relate to payments to government employees, pensioners and other social benefits, this would strike a severe blow to the consumer spending that is so essential to the US economic recovery.

With debt default and credit rating downgrades, it would be difficult for the US government to get loans. Faced with increasing risk, investors would ask for higher returns for US government bonds. This would push interest rate higher, further depressing the economic recovery.

The US dollar would plunge, triggering a surge in commodity prices and another round of inflation around the world. A deadly combination of inflation and economic stagnation could spin the world economy into a tailspin as happened in the early 1970’s.

How would this worst case scenario affect the Indonesian economy? As capital flows out of the US, investors have tended to seek safe havens elsewhere. Commodities, especially gold and oil, would be their first targets. Emerging markets could be the next destination of this capital flight, depending on the assessment of investors on the strength of its economy and their vulnerability and exposure to the US economic fallout.

But financial crises always result in a loss of confidence and produce negative sentiments in the financial markets. They put financial markets into disarray, and as investors panic, capital starts flowing out of emerging economies.

During the global financial crisis in 2008-2009, capital moved out from emerging economies back to the advanced economies. At that time, the US government bonds and commodities like gold were considered safe havens.

If the US government defaults on its debt payment this time, the question is will the situation change? Will the US government bonds still be considered a safe haven for investors? If not, then where else will they put their money? Or maybe they would prefer to keep their money in the same place and not move it anywhere. If so, the Indonesian economy could get some benefit and may not have to face another shock.

In the longer term, however, the situation may change. No country is immune to the negative ripples of a US economic crisis. As US imports plunge from weakening domestic demand, exports from emerging countries will also suffer. The extent to which these negative impacts affect each country will depend on their trading and banking exposure to the US economy.

What is disturbing about this debt talk is the use of this debate as a political game. This is especially apparent in the Republican stance.

Economist, market analyst and CEOs of financial institutions and even the IMF itself have warned that if Congress fails to raise the ceiling of the US government debt, the world economy would slip into deep recession.

The Republicans did not fully accept Obama’s proposal to raise the debt ceiling. They only agree on a smaller number, but even it was given with some conditions. The Republicans asked Obama not to raise taxes, especially for the wealthy, and Obama should cut social spending, a sacred cow for the Democrats.

By using tit for tat tactics in the negotiation and by seemingly ignoring the impending consequences and dangers, the Republicans were trying to push Obama into an intricate political dilemma.

If the US economy slip into another crisis, economic contraction would be inevitable. Corporate bankruptcies would spread, and jobless rate would surge.

A presidential election is still slightly more than one year away, and Obama’s reelection prospects are solid. But his popularity rating is highly dependent on the unemployment rate. That is why the Republicans think the only way for them to erode Obama’s popularity now is by pushing the US economy into crisis.

As the stakes are high, the two political parties should temporarily set aside their ideologies and adopt a pragmatic stance for the interests of saving the world economy from another catastrophe.

President Obama demonstrated his willingness to compromise his political ideology during the global financial crisis of 2008-2009. Being a Democrat, Obama’s political inclination is generally anti-big business.

Obama realized that it was reckless lending by some big banks on Wall Street that triggered the financial crisis. But he also realized that saving these banks from bankruptcy was key to saving the world economy from further disaster.

His decision to pour $800 billion of taxpayer’s money to bail out these banks was hard to swallow by his fellow party members, but it worked. Now it is expected that the Republicans will be willing to do likewise.

The writer is an economist.

The global markets lost 1% today… Actually that is pretty good. The losses stemmed over the fact that Republicans won’t allow new revenue to enhance our failing budget…….

Like George Washington, they want to apply more leeches (tax cuts) which eventually will bleed the father of our country dry, and kill him dead.

There are great ideas to get around the impasse……

One was so close last week in which Obama and Boehner had come almost to a 4$ Trillion Deal… It was so, so close. Boehner was about to become the Alexander Hamilton of the 21st Century: Historians would forever know him as the man who brought America back from economic ruin…….

But Boehner’s owner, jerked hard on his leash… cracking Boehner’s trachea. He then spun Boehner to the ground, and applied zip strips to his wrists and ankles. He then tazed Boehner repeatedly. For the first time in his life, Boehner did not cry. He was then strapped to a board, tilted backwards into a tank of water, and held for 45 seconds, over 111 times. He was then blindfolded and pummelled with cans of Pepsi, embedded in old cotton socks, leaving no evidence. He then poked with a tube, in his (you know where) and the other end was attached to a fire hydrant.

The next morning, Boehner said the deal was off; he refused to return Obama’s calls.

Leaks from those working for his owners, tell us the taxes on the wealthy 1% were the sole reason Boehner was given “the treatment”… It’s a damn shame; for a package of $3 trillion in cuts, (yes, includes modifications to SS and Medicare) and a Trillion in tax increases on the top 1%… would shake the dynamics of our economy.

It would spur investment here in America.
It would therefore create jobs.
It would stop the uncertainty where America was financially headed.
It would prevent the immediate loss to our economy of $4 billion a day.
It would reduce the deficit over time, and save money spent paying interest, which could then be used for services.
It would be the proper step at this time in the direction we need to go.

But, if the US defaults on its debt, nothing in the financial markets is sacred, and when nothing is sacred, that… causes panics…

And a panic in 1929… caused the Great Depression. A panic in 2008, caused the mess we’re in right now.

The world’s managed wealth is $122 trillion… A one percent drop.. is $1.2 trillion. That is the amount, that one half, of one third our government,… cost the world today.

They are kids, playing with a live junction box… Sticking a screwdriver in the wrong hole, burns down the entire house……

(At $50,000 a job, today’s loss is the financial equivalent of putting 24 million human beings out of work)

Having recently seen the Harry Potter movie, it is scary. Ever since watching…. I now see giants everywhere. Before when I looked, I never knew they were there…

Two giants will be doing battle here in Delaware… (The recession is finally paying off for our little state.)

Papers were filed with the ITC (International Trade Commission) by the South Korean giant Samsung LED against a division of another giant this time from Germany, Siemens….. over 8 patient infringements.

Samsung LED also said it filed a lawsuit in the U.S. District Court in Delaware to seek damages and a permanent injunction to bar Siemen’s subsidary, Osram’s alleged patent infringement from entering this country.

At stake is the financial future of these two companies. One will win, and the other for lack of a better word, will be vanquished.

Since Siemens actually has a plant in Delaware, next to the Glasgow Park off Route 40 and 896, I’m putting my bets on that giant…. if they get hurt, it will cost jobs.

Hotels, restaurants, transportation companies all stand to be a little busier as this gigantic fight, gets under way…. It would be helpful to practice on the Korean and German dialects now, before the event gets under way…

Sprechen sie deutsch?

니미럴 개자식 ….

It should be an interesting fight.

The story goes that Warren Buffet, rather worried about his investments early 2008, wanted to talk to God… God told him to use his phone and he’d send him the bill… He got and paid the $333 million dollar charge. His investments flourished, too… That would be the end of the story, except he was down in Sussex County recently, following up first hand on a corporate case being processed out of Georgetown… once again, he asked God for the right to call, and agreed to accept the charges… When he got his bill, he was fuming… He was only charged 25 cents… “God”, he said, “you ripped me off on that first call, big time!”… God said, “Warren, don’t you get it? In Sussex County, that’s a local call…”

Local call or not, Sussex County is weighing in on whether to say a prayer before County meetings or to not… Here are a few takes on that policy: one, two, three, four……

As someone who grew up where prayers were always said before football games and county meetings, it isn’t a big deal…… That is, as long as everyone agrees it isn’t a big deal. You don’t see prayers before meetings conducted in New York.

Not because New Yorkers are heathens, but because in New York, you have a multiplicity of religions, so praying a prayer from one of them, is a slap in the face for all others…

Why it’s even an issue in Sussex County is because the Positive Growth Alliance, has been building condo’s like ants, and lots of people who did not grow up in Sussex County, now live there. Many have different ideas of religion than those who’ve always been there all their lives…

If everyone believe in the same version of God as does David Anderson, then of course, duh, why are we even arguing about it… Of course we’re going to pray to God to guide us through this meeting.. That’s what He’s for!

Suddenly, thanks to Rich Collins and the Positive Growth Alliance, we have tons of people who do object to having David Anderson’s version of God, one who dislikes Homosexuals, and one who casts pox on Democrats, one who believes married people should have sex only when they have children, one who believes sex between animals is immoral, one who believes taxes are caused by the devil, one who believes that nature was made to bulldoze and pave with a combination of petroleum and gravel. … one who believes that oil companies have the divine right to pollute oceans, one who believes that animals were made for us to kill. … one who believes a national religious holiday should fall on the first day of deer season.. one who believes pick up trucks and baseball caps are proof that homosexuality is a sin,… on who believes killing someone with a gun is not a sin, but taking that gun away for the safety of others is…

(yes, I’m having fun and talking tongue in cheek)…

The point I’m making is that Sussex County is changing; and it is changing mostly thanks to Rich Collins and the Positive Growth Alliance.

Can you make new citizens join the current religion? If so, then by all means, just like the days of old, they will see no qualms in having a tiny prayer before the meeting.

But if they don’t want to join that religion, then, to force one group of religious people to impose their prayers on others, is not American…In fact, it’s kinda creepy…

If in an effort to show fairness, the Sussex County decided they would do prayers from all religions in alphabetical order, when they came to “B” and hit Buddahism, giving an Buddahist prayer before the session, most of those in the audience would be saying WTF! This is our nation, why do we have to listen to such crap…

Which is… exactly what those Buddahists think, who have opened a business in Millsboro, and have come before the county to ask for a variance on something or other that is in their antiqued code….

So… If it is unnatural for a Baptist to suffer a Buddahist prayer, it is equally unnatural for a Buddahist to sit through a Baptist prayer…

It’s not about one religion being right and the other wrong. It’s about who the citizens are that make up Sussex County. If you want to blame anyone over this controversy, the blame solely lies with those who built up Sussex County and brought in all these new people to begin with… Now that they are here, we have to make Sussex County as fair to them as New York, is fair to us, when we take our business up there……

Positive Growth, huh? Depends on your version of positive I guess………….

Cigna, based in Claymont, as well as some of its domestic competitors, such as Aetna — argue it’s unfair to require insurance companies to spend at least 80 cents of every premium dollar on actual health care, rather than marketing expenses, commissions or profits.

Crying because they’re required to spend 80 cents of every dollar on health care? And they’re an insurance company?

And these are the guys arguing against national healthcare, where close to 95 cents of every dollar is spent on health care?

Is is any wonder that as long as private companies treat insurance a cash cow solely to enrich themselves……. we will have problems taking care of our bodies for as long as they allow us to live?


Courtesy of AmericanRhetoric

“They remind us that where free unions and collective bargain are forbidden, freedom is lost… they remind us that freedom is never more than one generation away from extinction… You and I, must protect and preserve that freedom here, otherwise it will not be passed on to our children, and will disappear everywhere in the world. ….. How high is that price of freedom?…..”

Ronald Reagan