jjason - unfortunately, not enough u.s. citizens will ever know about it because they believe oprah and dr. phil...and they only deal with issues the media deems important...like feeling sorry for child molesters and solving eating disorders with the latest infomercial electrosuction gadget for $19.95 (But wait!...there's more!). our obsession w/ celebrity in the media effectively provides a veil over most people's eyes so they cannot see the puppet-masters. the matrix metaphor of the blue pill is so appropriate as to be prophetic: Will people be reduced to working (i.e., being harvested...) to afford nothing more than energy so they can continue to work...?
fireball is correct ... paragraphs could not express the general cluelessness most exhibit in either the real economics or the sham politics surrounding it. "it' the jobs, stupid" (oh wait; there are no jobs unless you want to commute to Chennai or Bejing, altho i heard that facemasks are hot in China...).
regarding an earlier observation about IndyMac and schumer's role in that debacle...he criticizes wall street for "rumor and innuendo" and its manipulative effect on stock prices, yet his sky-is-falling rhetoric on IndyMac produced a $4B-to-$8B bailout from FDIC that, oh by the way, can only do about 10 more such bailouts before it runs out of the fractional reserves it has for the fractional banking system. schumer is a poster child of all that is wrong in congress and yes, he gives the arkansas twister credibility...
what most people fail to realize is exxon's senior partner is the gov't. since exxon and all the other oil companies are c-corps, ~50% of their realized profit is taxes. schumer and all the other jokesters in congress won't bite the hand that feeds them. i laugh when i hear how the "horrible" oil companies with their "excessive" profits are hurting the average citizen. do you really think anyone in congress has had to fill up their tank since they've been elected? where is all the legislation these morons promise to "clean up these energy carpetbaggers"? you have to marvel at the perverse beauty of the obvious conflict of interest and how they hide in plain sight. oh, and don't expect frank sinatra or denzel washington to fix this come january 2009; mom will show them the trump card and all will be well
How Evil is Exxon-Mobil? [View article]
How Evil is Exxon-Mobil? [View article]
regarding an earlier observation about IndyMac and schumer's role in that debacle...he criticizes wall street for "rumor and innuendo" and its manipulative effect on stock prices, yet his sky-is-falling rhetoric on IndyMac produced a $4B-to-$8B bailout from FDIC that, oh by the way, can only do about 10 more such bailouts before it runs out of the fractional reserves it has for the fractional banking system.
schumer is a poster child of all that is wrong in congress and yes, he gives the arkansas twister credibility...
How Evil is Exxon-Mobil? [View article]