I bet the right wing of this country is also fine with George Bush giving the Iraqi people free health care too on American (and China’s!) taxpayer money! Seriously, why do they hate Americans so much? Why do they always side with the wealthy and the highly paid CEO’s of America? How come they would rather give tax cuts/breaks to those who don’t need it, but spit on those receiving $300/week to get by?

Anyone know?

Can someone please prove to me George Bush’s tax cuts for the wealthy are working well when they’re still in effect right now as you read this sentence? If tax cuts for these assholes works so well, then please tell me why large companies are not hiring new workers and why they continue to lay Americans off from work. Oh wait! I know why they’re not hiring! They want President Obama to fail. It doesn’t matter if Home Depot or John Deere or some other large company is doing well right now: THEY WILL CONTINUE THE CHARADE THAT THE ECONOMY IS IN THE STINKER TO SHOW AMERICANS THAT A DEM IN THE WHITE HOUSE WILL NOT CHANGE THINGS (when we all know the only way to change things is to have Dems in control!).

See?

From Consortium News (emphasis mine):

A hard truth about the U.S. economy is that corporations don’t need as many of us as workers but still need us as consumers. That dilemma helps explain why unemployment is stuck near 10 percent and why the economic recovery is stumbling toward a double dip.

The Washington Post reported Thursday that nonfinancial companies are sitting on $1.8 trillion – about one-fourth more than at the start of the recession – but won’t add personnel in part because they’re waiting for consumer demand to pick up, which isn’t happening because many Americans don’t have jobs or are afraid of losing theirs.

Yet, even if that vicious cycle could be broken, there’s another reason for the lack of hiring: companies have found they can make do with a lot fewer American workers. The recession has been a way to cull payrolls – and to discover that many jobs don’t have to be filled again, either because of new technologies or because the jobs have been shifted overseas.

The uber wealthy are having a temper tantrum right now and will for a long time. Under George Bush, he oversaw a FAKE ECONOMY. No part of it was real. It was one big cheer-leading session where you were made to think that you had to have the big home, the Hummer, and when you lost your job and lived on your credit cards, he didn’t care! As long as the numbers looked good he was fine with you eating out of dumpsters and living in your car to get by!  His minions made sure on the surface everything was fine. Now we have a president who is going after the asswipes and the asswipes don’t like it! Awwwwwwwwwwwwww. Too bad.

Poor poor widdle Arizona. Their right wing knuckledragging governor has decided to make it law to racially profile anyone who looks different than her pasty white republican party members. The backlash is already starting against these Nazis:

• The president of Mexico is warning it’s citizens for the first time ever to not travel to Arizona because they’re a bunch of WWII Nazi fascists

• Some truckers are going to boycott Arizona

• Conventions in Arizona are being canceled

• San Francisco is boycotting

• A call to boycott any game the Arizona Diamondbacks are playing

Where’s Johnny The Maverick Arizona Senator when his state needs him? Oh wait. Johnny McCrazy with the 10 homes and umpteen cars (all of which most likely maintained by Hispanic immigrants!) said this, “I haven’t had a chance to look at all the aspects, but I do understand why the Legislature would act.”. Well Johnny, while you’re having Hispanic people looking at all the facts for ya because you’re too lazy to, your state is going to take a huge financial hit! Your not-out-of-the-closet-yet buddy Lindsay Graham is saying that Arizona’s new immigration law is unconstitutional, you know, goes against what you and your Vietnam buddies fought for (the U.S. Constitution and our rights!). See?

Here’s a question I heard a few times on right wing radio yesterday being asked in different ways: “What part of illegal do the liberals not understand?”.

MY ANSWER TO THE QUESTION: “What part of illegal do the American companies who employ illegal immigrants not understand?”.

If Arizona decided tomorrow to crackdown on companies in it’s state that employ illegal immigrants and imposed very expensive fines on these companies, they wouldn’t have to act like German Fascists by breaking American laws! See? I wonder if Johnny McCrazy knows this? Or maybe this is why he’s stalling the debate by saying he hasn’t had a chance to research all aspects of Arizona’s new immigration law? He would rather pay his housekeeper $5/hour than have to pay her on the books! Much cheaper that way, huh Johnny?

The economy is looking better! A very slow process, but we’re getting there. President Obama never once said on the 2008 campaign trail that fixing George Bush’s messes was going to be easy or done in an instant! He predicted it would take 2 years before we saw strong signs of improvement. President Obama is correct again!

Think Progress has a short but sweet post up about how Sen. John Cornyn of Texas completely supported Bunning’s obstruction to allow unemployment benefits for Americans who after a year and a half still can’t find a job, but is now trying to backtrack himself when he found his skirt up over his shoulders and he wasn’t wearing any undies!  Completely exposed for the right wing American-hater he is! These two Fat Cats were so impressed with each other with their rants against Americans….well….until the backlash against Bunning and the republic party started. For good reason too! The republic party only cares about the well-being and financial stability of the CEO’s of America’s corporations. That’s it. That is all they care about! When you have ONE republican Senator who is most likely a millionaire obstructing a bill that will extend unemployment benefits (how much are these weekly checks? I bet Bunning & Cornyn make this amount within the first 15 minutes of every day!) to average Americans who are struggling themselves to keep their families and lives afloat, you know damn well that ONE republican senator is speaking for the whole entire republican party, because that is the ideology of this political party! The fact that Cornyn is now backtracking on his words does not mean the republic party has suddenly found a soul. They haven’t! The republic party has no soul and never will. The End.

Uh oh. Oh wait. What’s that sound I hear? *cupping ear to listen* Holy cow! It’s the right wing fringe of America screaming and stabbing their guts with butter knives! Wow. What a great sound!

Any comment by the Scott-Brown-Is-The-Savior crowd? Bah hahahahahahaha!!!!!!!!!!!!!!!!!!!

We all have at least one person in our lives who is a highly paid CEO of a company. This person may not be earning what the CEO’s of the banks, AIG, the car companies, the oil industry, or the health insurance companies are earning, but nonetheless, they are making way more money than you could ever dream of making and are in a powerful position to boot. I have one such person in my life and when one of his 6 paper warehouses burnt for 4 days a year ago around the holidays, I knew how he would react to his employees, who along with the firemen, tried to put the fire out, because they knew they (the employees) would be jobless if they didn’t save it. Well turns out the building was a total loss, but I did not lose faith in my cleaning customer who owns the business, because I knew how he was as a person. He made sure all of his employees still had a job because he cared about them and their families. He paid them to help in the clean-up (as much as they could do anyway) and right now as you read this, they are currently employed within the company either at another warehouse or in some kind of capacity. Not one employee went without a paycheck! My customer made sure his employees were taken care of despite the huge loss and hassle he was experiencing on his end. To me, this is the difference between a good CEO and a bad CEO.

A bad CEO doesn’t give a shit about the employees, their investors or their customers! When was the last time you heard of a large CEO of a bank making sure the financial products they’re offering wouldn’t collapse the company to benefit himself and his insiders on Wall Street? Huh?

The Bad CEO’s of today are the bank executives who ran their companies into the ground by taking huge risks on the backs of American retirees and others. They used the retirees’ money to gamble with to make themselves more money. In the process, over $600 TRILLION in derivatives/CDS was created out of thin air. And who suffered? The American people. And who benefited without regard to the American people, their livelihoods, and who felt the American people should come to THEIR rescue, when it was they themselves who caused the whole catastrophe? That’s right….THE CEO’S of these companies. The thieving shysters didn’t give a shit for their employees, their customers, or even for the stability of Wall Street and our country’s economy. They selfishly thought about themselves and their needs first and then had the gaul to take more of our money to bail them out when they failed the company on purpose.

President Obama is correct. No one likes the idea of over paid athletes or CEO’s who do bad things but get rewarded anyway, but we all know this is the nature of the beast here in America. Capitalism promotes this kind of thing: PROFIT OVER PEOPLE. As George Bush once said, “Money trumps peace” and he was so right, because this is the mantra of the fascist capitalists! They don’t care if they have to bomb the shit out of innocent people to make large amounts of money (use it to launder money from the American taxpayer too!) or take huge financial risks on the backs of the American taxpayer, because their final line is all about stealing as much money as they can without working to make the money. Working hard is not part of capitalism. The employees work hard, but it’s the people at the top of these companies who are the ones who are creating huge financial bubbles knowing full well the people at their companies and the American taxpayer will be the ones to save their asses. Nice huh? BAD CEO’S.

President Obama is trying to put some integrity and trust back into our financial system, but as you’ve noticed, Wall Street hates the idea. My fear is if Obama comes down too hard on the whiny ass titty babies, they will do what they did in September of 2008, which was, AN ELECTRONIC RUN ON THE BANKS where A HALF TRILLION DOLLARS WAS TAKEN OUT OF THE MONEY MARKETS IN 90 MINUTES. This move almost collapsed our financial system and George Bush’s answer to it was to BAIL OUT THE BANKS. Was their an investigation done on where the money went and did anyone ask to trace back to the perpetrator? Nope. Nothing was done. Well, this sort of thing can be done again. Wall Street appears to have a gun to the American people’s head again and one false move by our President or others could cause these selfish people to do that once again!

ALL OF THE BAD CEO’S NEED TO BE IN PRISON. THE END.

I thought the following picture was hysterical from The Onion (click for a larger view):

(photo)

If you can’t read The Onion’s caption below the picture, it says, “Obama tells nation he’s going out for cigarettes”. LOL! I’m sure he’s felt that way a few times over the last year.

From the CATO Institute…a pie chart showing Obama v. Bush spending:

Daniel Mitchell of CATO says: “I’m a big fan of criticizing Obama’s profligacy, but it is inaccurate and/or dishonest to blame him for Bush’s mistakes. At the risk of repeating my earlier post, the 2009 fiscal year began on October 1, 2008, and the vast majority of the spending for that year was the result of Bush Administration policies. Yes, Obama did add to the waste with the so-called stimulus, the omnibus appropriation, the CHIP bill, and the cash-for-clunkers nonsense, but as the chart illustrates, these boondoggles only amounted to just a tiny percentage of the FY2009 total — about $140 billion out of a $3.5 trillion budget.”

Yep. Like I said back in October 2009 (not too long ago wingnuts!), President Obama’s FIRST OFFICIAL BUDGET STARTED THAT MONTH and all the wingers who were bitching and complaining about “high taxes! we’re doomed! help us!” in August 2009 were actually bitching about George Bush’s LAST budget year, which he signed into law in the spring of 2008 of which went into effect in the fall of 2008. See?

President Obama’s speech to the nation about the Afghan war will be interesting. It’s time to bring the troops home and IT’S TIME TO STOP SPENDING MONEY FOR GEORGE BUSH & DICK CHENEY’S ATROCIOUS WARS THAT HAVE COST OUR NATION DEARLY!

George Bush left America a huge shitpile. There are no easy fixes, but I predict President Obama will slowly make gains. And it has to be slow, because as of right now, Bush’s cronies on Wall Street and elsewhere have a Plan B in place to screw Americans over if President Obama becomes the Mean Daddy who takes their fun away! Remember this.

George Bush gave a speech recently at the university in Texas where his presidential library of lies will be housed. He told the audience that he has kept his values since leaving the White House and he always led America with OUR best interests in mind. Then he lists out his principles, “…free markets open the path to opportunity, that a successful society requires personal responsibility, that freedom is universal and transformative, and that every human life has dignity and value.”.

Spit.

Really George? Free markets open up the path to opportunity? Well now, wasn’t it free market capitalism that allowed the banks to take risks they never would have with regulations in place? Or why the housing market crashed under you or how the credit card industry is still out of control because they feel they’re free to capitalize on bad situations? Huh asshole?

And what’s that you say about how a society is only successful when it takes personal responsibility? Hey George, how about driving yourself to the Hague to turn yourself in for the war crimes you commited, huh? And George? Freedom to you was changing the laws of our nation to suit yourself so you could torture, kill, and hold people indefinitely for crimes that you refused to divulge (and you even bought some of the prisoners from the country of Pakistan to fill up your prisons to make it appear like you were ‘tough on terror’!). You don’t know the first thing about freedom asshole!

Let’s recap George:

2 failed occupations under your belt
You made the wealthy even more wealthy while giving the finger to the rest of the country
The housing market crashed
The banking industry crashed
$600,000,000,000,000 in derivatives created under your reign of financial terror!
$2,000,000,000,000 missing from the Pentagon early on and you did nothing
$9,000,000,000 missing in Iraq and you did nothing!
A run on the banks in September 2008 caused $550,000,000,000 to be taken out of the money markets in an hour and a half! You did nothing.
You bailed out your cronies while giving the finger to average Americans once again
You tortured people in secret prisons across the world after having your lawyers redefine the laws so you could

The list goes on and on, but one thing is for sure George, YOU ARE RIGHT WHEN YOU SAY YOU HAD YOUR VALUES WITH YA AT ALL TIMES! You hate Americans and it showed for 8 years. Good for you for keeping your values intact! Spit.

And thanks to you George, there are no easy fixes to our economy now! You left a big ole shit pile for Americans to clean up along with the President to have to tackle. Your values proved that the government doesn’t work because you made sure the government systems didn’t work!  The worst part is you created an orgy of greed so huge that if something is done to fix or clean up your mess, your cronies on Wall Street have a backup plan to hurt Americans once again! We’re backed into a corner thanks to your values, you phucking asshole! That’s real nice. Spit.

Death of ‘Soul of Capitalism:’ Bogle, Faber, Moor

About the “great stock market” they are hawking;

The Stock Market Has Never Been This (Intermediate-Term) Overbought

S & P too:

Pay No Attention to the 140 P/E Behind the Curtain

And as for the derivatives, w-e-l-l-l-l those supposed safe investments were never what the crooks claimed they were, were they?

Intractability of Financial Derivatives

(PS: which is why Micheal Moore couldn’t find one person on Wall Street to accurately explain derivatives.)

So it has always been a scam, pushed by the shysters who made out much better then Bernie Madoff, at least that crook is in jail.

Short and sweet, the economy is still DOA.

The system is far too broken to quickly recover, and if it does we aren’t gonna like the outcome, irregardless of who is sitting in the White House or who controls congress,

The laissez faire crowd, broke the economy, with their voodoo economics, exotic investment schemes, sliced and diced tranches of crapola loans sold as triple A investments, all promoted by the scam artists on CNBC  … that much is simple to understand.

We collectively have allowed the greediest people to scam the system based on lies and propaganda IE(that we all would get some trickle down), but that lie has been exposed and now we all have to pay the price,

Pay the price for 30 years of economic gross mis-management, and propaganda to push that LIE by the crooks (and their political lackeys, Reagan included) who set up bubble after bubble (Savings and loan, tech bubble, housing market) to enrich themselves and fleece the rest of us. It worked for those who pushed the crap they sold to the sheeple that trickle down and lassiz faire would enrich us all, but now we know they got rich, we got crap.

Just like the bust after the 1920’s go-go decade, we have to do the real necessary work to try to unwind this one, however the crooks want to inflate one more bubble to get even richer, based on keeping the system they have scammed for so long to get the government and FED to inflate a bubble based on essentially no interest money from the fed, kited through their scams and deceptions to inflate this bubble till the masses have no more to give.

Wall Street scam artists and shysters know how this game is played, they have done it for 30 years. Last fall they had Hank Paulson begin rigging it all up with the TARP, and now have Bernanke keeping interest rates at basically zero (shades of Greenspan 2003-2006 during the housing bubble inflation period) for them to borrow essentially interest free,while raising the interest rates WE pay on our mortgages, credit cards, and loans if you can get one. Now you know how Goldman made all that money they just reported, while millions of Americans lost their jobs.

Trust me Wall Street will push this one as far as they pushed the housing scam the pushed to get the bubble that just burst. They no longer are interested in capital formation or helping entrepreneurs to build new businesses, (which is why small business CAN’T get the loans they need now) just how they can scam people and smaller investors out of their money FAST, before this one pops.

However this bubble if they can inflate it is the last one, cause each bubble must be large enough to include the damage of the last one, and no bubble can over come the crash of wall street if the fleece all the money they can out of Treasury and the FED.

This one ain’t about politics, NO it is about the final economic acts of a group of people who have scammed us all for three decades and want to do it just one more time.

If the lies, distortions and propaganda pushed against the health care reform, to keep the Wall Street people happy (no matter how many suffer, face bankruptcy or die because of it), is any indication; they are gonna get away with it. Cause with all the oxygen in the room stole with tea baggers, birfers, astroturf and the MSM follow the crazies for ratings, IE (the balloon story) …the scam will be far enough along that it will be mostly set up with Wall Street raking it all in as fast as they can, before the expected pop, and next economic crunch. At which time the MSM will have some of the crooks on claiming nobody could see it coming. (Just like they did for the housing bubble.)

I feel 2012, is the farthest out this bubble can last.

After that, … well, things ain’t so rosey ……..