Wednesday, September 12, 2012

Scorched Earth

Greetings good citizen,

Hope you enjoyed your ‘Patriot (Act) Day’…at least that’s how it’s marked on my calendar…from the calendar mfr. Um, admittedly I inserted the word ‘act’, the only thing permanent to come out of 9/11 of any consequence.

That said, I admit to penning today’s (now yesterday’s) offering last night (on 9/10). I don’t attach any special significance to the eleventh of September so it literally escaped my notice…until all of the outlets owned by Faux News and NewsCorp went into full 9/11 memorialization mode today.

Although to be fair, certain News Corp outlets have been in 9/11 memorial mode all weekend long.

Bizarrely, our overlords are determined to remind us of the events that have led to the right wing capture of our government and the events responsible for stripping us of our civil liberties/civil protections under the law.

But again, bizarrely, nobody is making a big deal out of what we really lost when 3,000 innocent people were murdered on that fateful day, the vast majority of them due to government inaction (disguised as incompetence.)

In the spirit of ‘rah-rah, sis-boom-bah’ the stock market closed up as the US celebrated the 11th anniversary of the latest day to go down in infamy. Gasoline hovers in the $4.00 a gallon range (right before the damn election too! Remember how it used to dip down to almost $2 a gallon when Bush was running for re-election?)

You don’t suppose the boys on Wall Street are sending the rest of us a message do you, (the one about Romney supporters signing the front of paychecks?)

Nah…that would be like saying 9/11 was an inside job!

But it can be, er, curious as to just what slips out on a day the pundits are trying to drench in patriotic fervor, such as the following headline:
Health Care Premiums Rise Modestly, Report Says
By REED ABELSON 11 minutes ago

A study by the Kaiser Family Foundation found that a family with employer-provided health insurance now pays just under $16,000 in annual premiums, an increase of about 4 percent over a year ago
Um, considering the ‘median’ salary in this nation is still around $30,000, 16K is MORE THAN HALF of the average wage earners annual pay…and that’s BEFORE you put food on your table or a roof over your head.

But somehow our politicians couldn’t find a way to do what just about every other industrialized nation HAS done and provide ‘single payer’ healthcare.

Not for nothing (and not for this alone) that should we string up the lot of ‘em!

But hey, they knew the ‘risks’ when they put their names in for the job.

And most of them have been handsomely rewarded for their treachery.

Who do you suppose benefits from this situation?
As Low Rates Depress Savers, Governments Reap Benefits
By CATHERINE RAMPELL

Low interest rates let governments keep their borrowing costs low, helping them live within their budgets without having to raise taxes or cut spending.
Guess who else gets to borrow for nothing and get paid for socking the money they borrow for free in the bank?

Yup, the fucking bankers…who would otherwise be out of business, unable to pay the help because they have no paying customers…or ‘far too few’, truth be told.

Sad part is all of that money is funny, whipped up out of nothing with nothing backing it up…so it dilutes the value of existing money, causing the rest of the banking system to sink deeper into insolvency.

Because the truth is you CAN’T print your way out of debt. But they know this.

So, who fiddles while Western civilization sinks beneath the waves?

Why it’s the same candy asses that created all of the debt in the first place!

I don’t know about you but I have yet to see a valid reason anywhere on the planet for the stock market to turn positive (yet that’s what the thieves did!)
Deutsche Bank Chiefs Outline Overhaul Plan
By JACK EWING 10:00 AM ET

At a presentation, Jürgen Fitschen and Anshu Jain described Deutsche Bank's shortcomings and promised to take remedial steps like delaying bonuses for top managers as they sought to cut costs by $5.8 billion a year.
Did I mention that the global banking system flat-lined five years ago? All of these restructurings are tantamount to re-arranging the deck chairs on the Titanic, an exercise in futility.

Yet we have this headline:
Wall Street Stocks Climb
By REUTERS 51 minutes ago

Stocks rose, and the euro gained on a report that the trade deficit in the United States widened in July.

Moody’s Ties U.S. Credit Rating to Debt Reduction 11:14 AM ET
Um, is it just me or does it look like the ‘austerity police’ are saddling up to rein in the Federal budget, finishing the job they started four years ago?

If I’m correct and Mitt’s a ‘walk on’ then we are 'well and truly' (fucked) good citizen…and harder than anyone ever imagined to boot.

And it will result in a backlash like the world has never seen.

Speaking of backlash, we have to wonder just what’s up with the comrades over in (formerly) communist China:
Foxconn has come under intense scrutiny in recent months over working conditions inside its factories.
China Contractor Again Faces Labor Issue on iPhones
By DAVID BARBOZA and CHARLES DUHIGG

Labor groups reported that vocational students were being forced to work at plants making iPhones as “interns.”
It’s never enough for the fucking greedy capitalist. Boggles the mind to imagine what twisted ideology has replaced communism over there?

Understand good citizen, a fucking capitalist will work you and every member of your family to death and not bat an eye as long as he has somebody to replace your dead ass with.

He won’t stop until we’re all dead. That’s the nature of the sickness.

And what is the ‘end result’?
Burberry Warns of Weakness in Luxury Market
By DAVID JOLLY 10:34 AM ET

The announcement was taken as a sign that slower growth in China and the European debt crisis are ending a global boom in luxury goods.
You see, after the uber wealthy have the five houses and the three yachts and more ‘art’ than they have space to store it, what’s left?

Apparently clothes isn’t it.

I mean, how many $1,000 overcoats do you need? And I’m asking this of someone who is rich enough that they NEVER need go anywhere that it is uncomfortable in shirtsleeves any time of year…so the answer is none.

Only the lackeys tending to the far-flung enterprises of their oligarchs need stylish outer wear to demonstrate to their underlings that THEY are ‘the boss’!

But sometimes even outerwear won’t save you:
Philips Steps Up Cost Cuts and Job Losses
By REUTERS

Philips Electronics stepped up its cost-cutting drive on Tuesday and said more jobs would go as part of a drastic overhaul of its business, which began to turn around in the first half after losing 1.3 billion euros in 2011.

Ask a conservo-whacko and they will opine that Phillips is an ‘exception’ rather than the rule in our scorched earth economy.

Naturally they don’t even notice the absence of trees because the forest has burned down.

Charcoal and soot is all that’s left.

Yet they cling to the hope that things are on the mend…they can’t stay down forever!

Open your eyes.

What do you see?

Scorched earth…everywhere you look.

Happy 9/12, good citizen!

Thanks for letting me inside your head,

Gegner


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