The destruction of our civilization proceeds apace…and NO, I still have no frigging clue about the EXACT day/time the wheels are going to come flying off. If I knew that then I’d be psychic…and would have hit the damn lottery eons ago!
If something ‘looks’ rotten chances are good you don’t have to dig very hard to find out if it is true.
I don’t need to ‘fact check’ to buy this one. All I need is the 'if it waddles like a duck and it quacks like a duck and has feathers like a duck then it’s a damn duck!'
I’ve been, er, ‘bitching’ for a long time about the apparent, um, ‘rigged’ nature of the stock market, still, I ask you What’s wrong with THIS picture?
Not-So-Representative Investors
By JOHN SCHWARTZ
Published: July 9, 2011
SHOW me a new study about water on the moon, or why pregnant women don’t tip over, and I’m happy as a pig in whatever it is that pigs like. I’m just a big fan of science.
So I am thrilled by a recent learned paper that says quite a lot about money and the people who make it.
The study, “Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives,” is a real eye-opener. Using the financial disclosures of politicians, the research team built model portfolios and charted their performance. They found that House members “earn statistically significant positive abnormal returns,” outperforming the market by 6 percentage points.
Senators do even better, the authors say, citing their own earlier research from 2004. Senate portfolios “show some of the highest excess returns ever recorded over a long period of time, significantly outperforming even hedge fund managers,” with gains that are “both economically large and statistically significant.”
What do you think, ‘lucky’ huh? Didn’t they send America’s Mom, (Martha Stewart) up the river for a year for what this obviously is, ‘insider trading?’
Understand good citizen, these are the same people who have NO FRIGGING CLUE on how to ‘fix’ the economy but they seem to have missed their calling…instead of sitting in Washington, the should be on Wall Street, picking stocks!
The ‘mystery’ of course is how these two, er, ‘disciplines’ are related?
It is no secret that most ‘elected officials’ are, um, ‘well off’ before they seek public office. A seat in either house of congress isn’t ‘cheap’.
Which brings us to the current sock puppet…where do guys of seeming ‘modest means’ get the necessary funding to run in hugely expensive congressional races?
And while it is not uncommon for a politician to start off their political career…relatively poor, it is highly unusual for a politician to leave office less than filthy rich!
Take our democratic hero, the former governor of Arkansas who spent eight years in the ‘highest seat in the land’.
He exits the White House and his wife win’s a senate seat…not in Arkansas, but in New York!
JUST LUCKY….right!
STOP.
Let’s put these shoes on feet you can comprehend…what is it that keeps YOU from running for ‘national office’?
Sort of a ‘no-brainer’ isn’t it? You don’t know anybody who loves you enough to float you 60 or 70 million dollars for a gig that pays 2 million for your four-year term.
Then there are the ‘sniff tests’ you need to pass to receive the nomination/backing of the ONLY TWO POLITICAL PARTIES that make a fuck…even though a vast majority of the population is currently registered as INDEPENDENT (Because they are fed up with both parties!)
As we saw in the last election, the corporate owned media simply IGNORES certain candidates and makes a big deal out of people who don’t have a snowball’s chance in hell of being elected…
And this is the ‘best we can do?’
We honestly can’t afford to fuck around like this.
We need to KNOW the people running for office are QUALIFIED and have a CLEAR VISION of what needs to be done!
I said this before the last election and it remains true today, we CAN’T AFFORD another ‘sellout’ (although the incumbent could prove to be the ‘last straw’ as far as the ‘illusion of participation’ is concerned.)
Only immediate bold action will preserve our civilization as the challenges of the future overwhelm old technologies.
If we fail to sweep away the old, we will be swept away with it.
Too much energy is being invested in preserving a status quo that should have stepped aside long ago.
Look at the article and you’ll appreciate what I’m saying.
In order to preserve the ‘status quo’ the ‘fossil fuel’ paradigm, billions MUST DIE!
The only way to ‘stretch out’ their rule is to eliminate a serious number of ‘end users’.
It is, without a doubt, a criminal 'lack of imagination' on par with the Greco-Roman failure to imagine society without slavery...
So it will come to pass that they will get what’s coming to them.
What remains to be seen is how much damage they inflict as they flail futilely to save their way of life?
Thanks for letting me inside your head,
Gegner
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