rdr4

Tim Geithner's Monumental Plan Is Not Encouraging

Obama-nation!

Is There an End Game to the Recession?

Unlike physics, math, chemistry, and other physical sciences, ECONOMICS is not a precise science or discipline. ( Economics appears to be more like Sociology or Psychology, an imprecise science.)
Just as Aristotle, Plato, Euclid, and other mathmeticians only viewed limited landscape associated with their discipline, economists are also limited in understanding, experience, and handicapped by the worldwide statistical deception and the profit motive.
While China has taken steps to protect the population from depression related problems, the US has spent billions in attempts to discredit them.
Since our biggest produce appears to be bullshit, why not attach a device to Washington and NY which collects the bullshit and converts it to methane based fuel?

Joy Over the Chinese Stimulus Package Didn't Last Long

Seems like the joy over both stimulus packages is short lived, go get in line for a handout,.......

Comparing Valuations in China and the U.S.

I am 100% in China and have been out of Wally Street since the 70's. Believe what you must, but there's no recession at my house.
The US spends billions yearly to make China look bad. We do not have democracy here, either. ( Read Jefferson or Franklin to get a glimpse of democracy.)
I would like to get some of the $15,000 a month the CIA pays the Dalai Lama, and undisclosed amounts paid to Human Rights Watch, Reporters without Borders (sans verite') to be China irritants.
If you believe the media about China, you're clueless.

U.S. Economy: There Are No Problems, Only Solutions

Rarely do I agree with so many points of an article.

F.Y.I. The final scene in the Candidate was shot at 201 Locust Street in San Raphael, CA. The 53 room house was built in 1903 as the Embassy for Russia. Since the Russian Port of Vladavostoc was their only year round port, the California location was practical.

At the time of the filming, the house was owned by an heir of the Klieber Fire Engine Company fortune, Minerva, who lived there with her brother, whose name escapes me. The garage was graced with a 1948 Rolls, previously owned by Princess Anne, a Bently of unknown history, and a mint Kleiber fire engine.

The scene was set on the main staircase of the house, on the first set of steps from the ground floor, below a stained glass window.

Regardz

What a Democrat in the White House Means to Your Wallet

Our history has been rewritten so many times that the 'lessons of history" have been omitted and it has become more of an indoctrination to presumed American values than a story with valid lessons. If you don't believe me, ask someone born after 1970 about Viet Nam, or Nixon, they're as clueless as people who think the Civil War was about slavery.

If you think a two party system works, I suggest you have failed to detect the true nature of "partners in crime."

The Shallowest Generation

India might disagree that the Chinese are meek, considering the speed at which China vaporized their invasion.
I have noticed that a tremendous amount of CIA money is spent bad-rapping China. The Dalai Lama has been paid $15,000.00 per month by the CIA since the 50's to be a China irritant. The cause of the Dali Lama exile from Tibet revolved around his passing documents smuggled out of Russia through Tibet for the CIA.
Before the Olympics, The AP was full of negative news about China. Their favorite sources to quote were Reporters without Borders and Human Rights Watch, both heavily funded by the CIA.
I am not asserting that anywhere is perfect, but, if your view of China is supplied by the US media, you are clueless.

I believe the US decline in education began in the 60's. Perhaps Nixon and Kissinger noticed that the S.W.I.N.E. (students wildly indignant about nearly everything) were too well educated, liberal arts, history, all that stuff. In the 60's, technical education came along, no need to really educate people about the world, no need to convey the lessons of history, just teach them sufficiently so that they can work and consume.
Strangely enough, at about the same time, intergration of the school systems diluted the system. (Not that I don't think it was appropriate but It did lower the quality output of public schools and it is interesting that both occurred at that time.)
My autos are paid for, as is my house and property. I have no credit card debt. I have lived 59 years within my means. I have no sympathy for people whose financial behavior resembles "drug addict behavior."

If you're waiting on punishment of wrongdoers associated with our financial mess, regulators, Wall Street, the Burning Bush (as opposed to the Barfing Bush), congress, McFossil, or whomever, stop waiting, you do not understand the concept of honor among thieves. There will be no repercussion.

Happy Holidays to all, and good luck.

Advice to Summiteers for Reforming the Global Casino

Given the participants of the Bush summit, how can you expect any productive outcome?

Financial Warning to the U.S. Government

presumed economists like Greenspan, Bernanke, and Paulson are either not competent or so manipulated that their advice is useless. Legislators with law degrees are easy marks for financial perversion.
If you want representatives instead of incompetent leadership, pay elected officials the mean average income of their electorate and execute lobbyists, the vermin of government-for-sale politics.

The Sting of American Capitalism

Words,.........those funny little things that monkey-come-down-from-... tree uses to confuse himself and justify his stupidity.

We are only monkeys
with digital watches
and chemically enhanced crotches
what did you expect?

Bailout Bill Passes; What Happens Now?

If you spend or lend unwisely, it causes problems. If you spend money you don't have, it causes problems. If your legislators are lawyers and whores, not economists, it causes problems. You can talk until blue in the face, use words 50 letters long, but the above principles still apply.
If the electorate swallows this plan it deserves what it gets.

Don’t Blame Wall Street - At Least Not Completely

Markus, you are too close to the trees to see the forest.

The U.S. on the Precipice

"we have met the enemy and it is us.." Pogo

Is the Global Economy Drowning in a Sea of Black Gold?

Government satistics are unreliable. Any government that would change the way it counts traffic fatalities to justify the 55mph speed limit in the 70's would manipulate satistics for fun or profit.
See Mark Twain's comments on satistics.