Tuesday, January 8, 2013

New

Greetings good citizen,

The stock markets are all bleeding the artificial gains they made during the fictional ‘fiscal cliff’ debacle so we’d opine ‘nothin’ from nothin’ leaves nothin’.

On the other hand we have the ‘Platinum coin’, er, ‘threat’ pounding the gold markets. There’s nothin like this sort of silliness to prove my point that all ‘money’ is funny!

And if we get any further from money’s ‘one useful purpose’ than we already are then our civilization will be swimming in money when it collapses…think Zimbabwe.

Do I need to explain that the collapse will be due to money being rendered ‘useless’ to a majority of society?

Dangerous stuff, especially when ‘mishandled.’

And speaking of ‘mis-handling’:
Rescued by a Bailout, A.I.G. May Sue Its Savior
By BEN PROTESS and MICHAEL J. DE LA MERCED

A lawsuit claims that the rescue by the government deprived A.I.G.’s shareholders of tens of billions of dollars and took private property for public use without appropriate compensation.
and should AIG ‘win’ its case against the US, I propose the judge be lynched on the spot with extreme prejudice as well as the attorneys for the prosecution!

You already know there won’t be a jury involved in such a ridiculous case, it will be a judges decision like it always is when the One Percent rapes the public with its frivolous lawsuits.

How ironic is it that some people (and we’re talking about the permanently brain damaged here) think suing the ‘over-reaching’ government is no less than it deserves.

That’s how ‘brainwashed’ the corporate owned media has the few who don’t possess the capacity to think for themselves.

The company would have been a smoking pile of ashes if it hadn’t been for the ‘taxpayer bailout’ it received.

Would the jokers have tried to sue the government for NOT helping had that been the case?

Sure looks that way.

And, naturally, doesn’t this beg the question of who is the psychopath who thought this was a ‘good idea’?

Shouldn’t s/he be ferreted out and institutionalized as being a ‘menace to society’?

But wait, we have even more ‘bad news’ from the crippled and broken ‘banking sector’.
In Deal, Bank of America Extends Retreat From Mortgages
By JESSICA SILVER-GREENBERG and PETER EAVIS

The problems at Bank of America have cut down its mortgage ambitions, ceding market dominance to Wells Fargo and JPMorgan Chase.

DealBook: Banks to Pay $8.5 Billion to Speed Up Housing Relief
The only question remaining good citizen is how long will it be before the mortgage industry becomes so unprofitable that it is abandoned altogether?

The term ‘qualified buyer’ is a joke because today’s youth aren’t paid enough to buy a pup tent on a postage stamp. Considering the price of motor vehicles hasn’t fallen despite a significant drop in demand.

Did I mention out economic model is FUBAR, as exemplified by the piddling figure the banks are contributing to ‘speed up’ housing relief’ vs. the $700 BILLION congress GAVE THEM five years ago?

We don’t even want to know what happened to that and several TRILLION more, it would only make your little head hurt.

This is way beyond WTF!

Speaking of which, what about that ‘recovery’?
Euro Watch
Unemployment Climbs in Euro Zone
By DAVID JOLLY 9:30 AM ET

The jobless rate in the 17-nation bloc rose to 11.8 percent in November, a month in which German exports, imports and industrial orders all declined.

What’s this??! It’s been five years! All of the economists are predicting 3 to 5 percent GROWTH this year!

How can the Eurozone be in the dink? Didn’t they get the memo?

Or maybe it’s time we stopped listening to clueless economic cheerleaders who are well paid for their totally unqualified opinions.

Yes, Bubba, they get away with being wrong 99% of the time because their fall back position is ‘it’s just ‘my opinion’…and they know they’re full of crap when they make these sunny ‘predictions’.

They literally get paid to…well, if it’s manure and you know it it’s a lie!

Last on today’s hit parade is this reminder of why our economic system is on ‘life support’.
Bags of contaminated soil outside the Naraha-Minami school near the Fukushima Daiichi nuclear power plant.

In Japan, a Painfully Slow Sweep
By HIROKO TABUCHI

Much of Japan’s post-Fukushima cleanup is primitive, slapdash and bereft of the cleanup methods lauded by scientists as effective in removing radioactive cesium.

Seriously good citizen, outside a school? Let’s hope for the children’s sake it’s outside an ABANDONED school! (The corporate owned media do love to ‘tantalize’ its audience by omitting critical details.)

While Mother Nature appears to have methods of ‘sequestering’ radioactivity from the environment that our scientists don’t yet understand, we can only wonder what constitutes an acceptable clean up of these extremely hazardous compounds?

Because the article infers such methods exist…

Insanity aside, this post marks the start of my ‘cleaning up my act’ so I can reach a wider audience.

It will also serve as the first post on a non-fire walled edition of A Simple Plan.

How sad is it that there will still be posts made to the fire walled version of the site…pig that I am!

Hopefully my readers follow me for my insights and not just my colorful speech!

Thanks for letting me inside your head,

Gegner

Postscript: was unable to post a 'new' blog on blogger...apparently the 'autofill' feature on the address bar isn't working so I'll let you know where the 'new' blog lands!

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