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Today McCain has suspended his campaign to "deal with the economic crisis." I guess we need to say good bye to the Straight Talk Express. But no one is buying the horseshit.
From THE David Letterman:
It didn't end there. It got worse...
With this stunt on top of the Palin banning of reporters, it is not shaping up as a smart move for McCain. The thing that really keep me scratching my head is why are the GOP control monkeys letting this go on? I swear, to be such a herd of control freaks, you would think they would have tossed McCain out on his ass and installed Romney as their savior.
Then again, I am more than happy to see the rotting carcass of the GOP completely implode.
Thursday, September 25, 2008
Is the United States preparing for civil unrest?
As Bush attempts to scare the American people into a bailout plan, as Commander and Chief he is ready to deploy American troops into American cities.
Is the United States government expecting civil unrest and the need for crowd control due to U.S. financial collapse? Read More....
According to Democracy Now.org beginning in October, the Army plans to station an active unit inside the United States for the first time to serve as an on-call federal response in times of emergency. The 3rd Infantry Division’s 1st Brigade Combat Team has spent thirty-five of the last sixty months in Iraq, but now the unit is training for domestic operations.The unit will soon be under the day-to-day control of US Army North, the Army service component of Northern Command. The Army Times reports this new mission marks the first time an active unit has been given a dedicated assignment to Northern Command. The paper says the Army unit may be called upon to help with civil unrest and crowd control. The soldiers are learning to use so-called nonlethal weapons designed to subdue unruly or dangerous individuals and crowds. More>
Cross posted at African American Political Pundit.com
Wednesday, September 24, 2008
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I am not one of those people who want to shrink government to a size where it could be drowned in a bathtub. That said, I have had more than enough "assistance" from the government on FISA, the Patriot Act, the Schiavo debacle and on and on. I do not need any assistance from the government to bail-out billionaires.
Cry me a river.
One thing I have not seen a lot of chatter about is how we are going to pay the national debt, plus all the non-discretionary line items like Social Security, and Medicare. Once the Treasury is empty, Americans have nothing but personal debt left and there is nothing left to the value of America, what is left to sell, leverage or exploit to pay off the Reaganomics inspired spending? Public land.
A few years ago, I read an economic report on the real estate value of national parks and forests in California. For the life of me, I cannot find that report on the web. The base idea (a GOP idea I bet) was to sell off select national parks and monuments like the Presidio and Yosemite to land developers. The report took the value of the land near these parks and calculated the real estate value of these areas and concluded that the value of these lands was sizable - close to a trillion dollars.
If this bail-out goes through, will it be the tipping point for the US economy? Will we need to start auctioning off chunks of America's land trust to the highest bidder?
Tuesday, September 23, 2008
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At this point, most of you have read about the Paulson plan that does not give one dollar to the PEOPLE with the bad mortgages, yet it costs every American over $3000. Frankly I could put that three thousand to a lot better use than Paulson.
Since Paulson has yet to detail what he is going to spend that money on. My rule is, if the Bush Administration is keeping something a secret, it is bad news.
This administration has been unable to manage any single fund. Social Security, Katrina, and Iraq have all turned out to be clusterfucks. Why should this be any different? It isn't.
Keep in mind, the $700 billion is not a bailout, that is just the downpayment. It is a mortgage for the nation.
The only way we are going to be able to pay this off is to start selling off national parks.
As harsh as this may sound, but not all businesses deserve to be in business. I realize jobs are at stake, but jobs have been bleeding off for the past 8 years. If we pass this law, the end result will be even worse than the shot term pain if we just let these banks fail.