Wednesday, July 28, 2010

The ties that bind

What unites Byron Williams (the man who loaded up his truck with guns in order to shoot up a non-profit organization) with the Pentagon shooter, the Holocaust Museum gunman, the pilot who flew his plane into an IRS building in Austin, Texas, and the Pittsburgh cop-killer?

Right-wing ideology that's what.

Tuesday, July 27, 2010

No you can't

I'm all for getting illegal immigrants out of the country, and I'm doubly for getting criminal-minded illegal immigrants out. My support stops with measures that are cruel or treats law-abiding citizens as criminals.

So, I oppose the Arizona law for being hard on citizens, not because it is hard on immigrants. Those people are here illegally, eroding wages, and should be deported. I'm also in favor of jailing the businesses that hire them.

Unlike the folks at Huffington Post, I cotton to this new federal approach which screens fingerprints collected as people are arrested. You can read about it here:

Extra-criminal behavior

Why should we welcome someone that is here illegally and has been arrested on top of it? What's in it for us?

Monday, July 26, 2010

Obama's poll numbers explained

Despite frantic Tea Party exhalations, objective measures say that the Obama administration is tougher on illegal immigration than George W. Bush. For instance...

"The Immigration and Customs Enforcement agency expects to deport about 400,000 people this fiscal year, nearly 10 percent above the Bush administration's 2008 total and 25 percent more than were deported in 2007."


While the Tea Party continues to disparage president Obama anyway, he is engaging himself in activities which annoy his base.

Do democrats in Washington spend all their time cooking up schemes that are self-defeating?

Saturday, July 24, 2010

Too Big to Fail

Robert Monks discusses the effectiveness of the new financial regulations with respect to "Too Big to Fail".

Once again president Obama seems to think he can sell a weak bill that is primarily a concession as "sweeping" reform. Once again he uncle tom'd his base without a spirited defense of their values.

Friday, July 23, 2010

Quick Krugman

"The only problem Republicans ever had with George W. Bush was his low approval rating."

- Paul Krugman -


Thursday, July 22, 2010

Say it plain

Sometimes, if you say a thing plainly it is easier to understand. In Afghanistan we hear the following from the Pentagon:

If we are not successful in Afghanistan it means we need more troops.
If we are successful it means we need to stay indefinitely.

Is it patriotic to defend America to the point it can no longer pay for schools?

Is the Fed playing Obama for a sucker?

The more I see experienced economists like Robert Reich (i.e. here), and Paul Krugman (i.e. here), raising alarm bells over the economy in conjunction with inaction by "The Fed", the more I find myself wondering if "The Fed" is deliberately putting the brakes on the economy.

Why would that be?

Perhaps president Obama is less in-league with Wall Street than I imagine and more easily duped than I imagine.

Maybe, even now, he believes the old Canard about rising tides lifting all boats?

If this is the case Obama might regret continually snubbing his base and courting the imaginary middle. By the time he turns around he may find himself alone.

Monday, July 19, 2010


What banks seem to be doing at the moment is taking advantage of low interest rates set by the fed to buy Treasury bonds. So, they get money for next-to-nothing and a safe return on their investment.

But, I've been wondering, could we be setting up a Treasury bond bubble?

Should taxpayer money be used to enrich a finance industry that doesn't lend?

It's a good gig, but how can it last?

Obama's poll numbers explained

"71% say that they don't care what economists were saying, that we're still in a recession"


Thursday, July 15, 2010

Obama's poll numbers explained

When Wall Street wants money it gets bipartisan support, lightning quick action, and no constraints.

When those unemployed as a result of Wall Street's actions want assistance, Blue Dogs have tin ears.

Wednesday, July 14, 2010

Obama's poll numbers explained

When the GOP is in the majority, they get their way. When the GOP is in the minority, they get their way.

Thursday, July 08, 2010

Little Cat Feet

Both the democratic and republican parties have abandoned their historical agendas in order to promote corporate interests. Historically the usurpation of government by corporate power is known as Fascism, and it looks a lot like the BP spill.

One mitigating factor of corporate power is populist power, or more properly, democratic power. When the right of the People to rule is not a word on a page, or a blog, but a reality, then there is pushback against abuses of corporate power.

Instead we get treated to sad sycophantic displays of politicians apologizing to BP for being asked to take responsibility for its actions.

Instead we get a president that claims to respect the rule of law clutching undemocratic powers to his chest.

Instead we get bailouts for bank-robbers, rather than jail sentences.

To understand this trend a little better, you might wish to read a new article by Jim Hightower:

Reclaim populism

Wednesday, July 07, 2010


Chicago-style economics promotes class warfare in such a way that adherents feel virtuous about plundering. It seems to have finally succeeded to the point where "consumers" (citizens) have lost their "confidence" (money).

It is obvious that increasing "confidence" means putting money in "consumers" pockets, or else finding different "consumers". Because of this, I expect America's next great export to China shall be Chicago-style economics.

America shall become another day older and deeper in debt.

Quick hit

Wall Street and the other biggest global banks, meanwhile, are making piles of money betting against government debt all over the world.


When simple remedies to America's problems evade implementation, then you know America is circling the drain. Is it too much to ask for legislators to stop pulling on the handle?

Foot Quotes

"Ignorance more frequently begets confidence than does knowledge"

Charles Darwin