Monday, December 10, 2012

Overdue

Greetings good citizen,

What does it say about our society when the headlines make more interesting reading than the BS stories that follow?

Which is to ask just how much ‘spin’ is too much?

You decide:
Fed Is Likely to Sustain Its Stimulus Program
By BINYAMIN APPELBAUM

The Federal Reserve must still determine what to buy and how much to spend, and officials continue to debate the best way to describe when the agency is likely to stop buying.
Who do you suppose is ‘surprised’ to read that headline? Even a conservo-whacko would cluck their tongue and mutter ‘what did they expect?’ under their breath.

The disturbing part of this little ‘fluffball’ is what would happen to our badly broken economy if the Fed stopped pumping the banks full of free cash?

It’s almost as disturbing as what’s going to happen as a result of the Feds pumping the economy full of ‘funny money’…can you say ‘Zimbabwe’?

Not to mention that the fuckers have been at this for the past FIVE YEARS…yet it’s going to ‘sneak up on us’ overnight…that’s what ‘spin’ and failure to report the truth does to you!

But wait, there’s more!
Mortgage Crisis Presents a New Reckoning to Banks
By JESSICA SILVER-GREENBERG

A torrent of lawsuits could add significantly to billions of dollars of settlements in mortgage securities cases.

Um, geez…isn’t the real estate market making a 180 (according to the National board of Realtors?)

Oh, that’s right! Labor force participation is off 5% (which sort of spells doom for civilization itself, you can only carry so many unemployed before the wheels come flying off.)

More succinctly, who do we tell their ‘dreams’ (and any prospects for a better life) are ‘over’? We’ve been doing it to the ‘graying’ population (while enacting toothless anti-discrimination legislation…just try to get an attorney to take one of those cases!)

But now our kids are being told their race is already run and they’ve got no place to go…and no prospects either.

This most definitely won’t end well and is the result of piss poor management!

(Fortunately, A Simple Plan fixes this, providing that perfect ‘Happily Ever after ending’ we all come to expect.)

Um, there is nothing I can say that will mentally prepare you for this next piece of tripe so here goes…
Chinese Exports Slow, Even as Economy Recovers
By BETTINA WASSENER 1 minute ago

The 2.9 percent annual expansion in exports fell far short of the average of 9 percent that economists had expected, but analysts say that China avoided an economic hard landing.
Does anyone else suspect that these assholes wouldn’t recognize an ‘economic recovery’ if it were dancing naked in front of them?

Has the US press become so ‘jaded’ to economic bad news that they can no longer tell the difference…or is ‘down’ the new ‘up’?

We all know our corporate owned media has zero interest in the truth and (worse) those in public office are more interested in protecting their own backside than protecting the public from predation even THEY WILL SUFFER FROM!

Not that the media has treated ‘truth tellers’ with the respect and admiration they deserve…which brings us to the conservo-loonies and their version of the ‘truth’…which turns this whole argument on its ear!

Take a gander at the next article and tell me the global economy isn’t on life support…
Italian Political Turmoil Weighs on Markets
By ELISABETTA POVOLEDO and DAVID JOLLY 6:37 AM ET

European stocks fell and borrowing costs in Italy and Spain rose Monday on fears that Italy was headed for another period of instability.

Next Steps for Italy Uncertain After Departure of Monti
Greece Extends Buyback Offer to Reach 30 Billion Euro Target
8:44 AM ET

For reasons unknown, the typical US citizen thinks the US economy will keep humming along despite what happens in Europe…which speaks volumes regarding the depth of economic ignorance among the general population…

I’m not qualified to say what the average European thinks about the tightrope their nation is walking (again due to gross mismanagement and extremes in economic imbalances.) But if I were a European I’d be shitting Twinkies…if only because we keep getting hit with the evidence that our old commerce model is FUBAR…(and you know what FUBAR means don’t you? [Fucked Up Beyond All Repair…])
Like most newspapers, The Financial Times is struggling with an industry-wide decline in print advertising revenue.

Bloomberg Weighs Making Bid for The Financial Times

By AMY CHOZICK and MICHAEL BARBARO

Michael R. Bloomberg, who has an affinity for The Financial Times, is said to be weighing the wisdom of buying the newspaper if it is put up for sale by Pearson.

The music industry is scroomed, the telecom industry is fooked, even the damned post office is threatened with extinction…

YET none of our so-called ‘leaders’ sees the need to change how we do things…so we are faced with changing even that aspect of our society!

What do we get instead? More fucking ‘reality programming’…has even one of these idiotic shows produced a single ‘star’?

Short answer…NO!
Blake Shelton, left, Christina Aguilera, Cee Lo Green and Adam Levine judging a contestant on
NBC Rides ‘The Voice’ From Worst to First Place
By BILL CARTER

With its prime-time schedule in tatters, NBC bet on the singing competition show “The Voice” by adding a second weekly edition. The gamble paid off.
Yes good citizen and the next step is to proclaim a day of national mourning for our lost ‘entertainment industry’ (which seems to be going to Bollywood in case you haven’t noticed! Take a close look at the actors in the commercials.)

How fucking pathetic is it that ‘scarioke’ has become the primary source of new programming for the over-worked and underpaid housefrau?

(You see, she thinks she can sing too!)

More disturbingly we have this headline, which casts the future in a very dim light indeed…
Sundar Pichai of Google, which is hoping that its mobile Chrome browser can continue Chrome’s personal-computer success.
Browser Wars Flare Again, on Little Screens
By CLAIRE CAIN MILLER

Shaping the browsers of the future has become a spirited struggle among the big tech companies that see the mobile world as a make-or-break business.

And that, good citizen, is news from the cutting edge of the manufacturing industry…whose browser will more people adopt (qualifying that system’s creator to receive lucrative contracts from the governments of the world to spy on its citizens?)

Is anyone STUPID enough see the millions of JOBS this relentless pursuit of, er, ‘technology’ (isn’t) going to create?

Why have you got your thumb up your ass? Because THIS is ‘state of the art’!

We went from building cars to ‘consuming’ electronics.

We are SO overdue to change operating systems but the keepers of the status quo don’t want to hear it…

So we’re going to have to ‘make them listen.’

Thanks for letting me inside your head,

Gegner


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