The Light Entertainment at the End of the Tunnel. Ridin' that train... yes, that train...

Sunday, December 28, 2008

Michael Scheuer (formerly known as "Anonymous") new work on the Islamists on Asia Times

Asia Times Online :: Middle East News, Iraq, Iran current affairs

  His books were good, his articles are good. He's always worth reading. He discusses how the Iraq Attack allowed ultra-extremist Saudi-supported Salafist al-Queda-associated jihadis to spread thru Syria, Lebanon, Jordan and on into Palestine and Israel. Sow the wind, reap the whirlwind.

McClatchy: Was 2008 the beginning of another Great Depression?

Tuesday, December 23, 2008

Obama should give David Duke a Cabinet Position

The Raw Story | Frank get 'post-partisan depression' over Warren inauguration invite

Rep. Barney Frank, the only openly gay member of Congress, feels that president-elect Barack Obama has made a "serious mistake" in asking pastor Rick Warren to deliver the inaugural invocation.....

Rev. Rick Warren leads a southern California mega-church, and is author of the multi-million selling self-help book, "The Purpose Driven Life." Warren and his congregation were instrumental in supporting Proposition 8, a ballot measure passed in Nov. which banned gay marriage in the state.

Obama has maintained that his inclusion of Rev. Warren is part of his efforts to bring separate groups together around common causes.
"That dialogue is part of what my campaign is all about," said the President-elect.

  Obama's right. We should all embrace his new spirit of inclusiveness and diversity (except of course where gays and lesbians are concerned). And in order to show that he's not just the stereotypical gay-bashing black male and only appears to be a black male, he should invite David Duke to his inauguration, or maybe make him ambassador to Austria or something. I heard him interviewed by Michel Martin, who I really like, and I had to give them both high marks for the interview: they baited each other in a genteel sort of way but they kept it civil and interesting. Obama appears so determined to let the Neocons and Bible-Beaters and Wall Street Ponzi-schemers financiers we thought we defeated in the last election snatch victory from the jaws of defeat that he should probably give Duke a Cabinet position dealing with race relations or equal opportunity or something.

Monday, December 22, 2008

FW Engdahl: Federal Reserve sets Stage for Weimar-style Hyperinflation

Hyperinflation

In the period from August 1929 until he left office President Herbert Hoover oversaw a 43-month long contraction of the US economy of 33%. Barack Obama looks set to break that record, to preside over what historians could likely call the Very Great Depression of 2008-2014, unless he finds a new cast of financial advisers before Inauguration Day, January 20. Required are not recycled New York Fed presidents, Paul Volckers or Larry Summers types. Needed is a radically new strategy to put virtually the entire United States economy into some form of an emergency 'Chapter 11' bankruptcy reorganization where banks take write-offs of up to 90% on their toxic assets, that, in order to save the real economy for the American population and the rest of the world. Paper money can be shredded easily. Not human lives. In the process it might be time for Congress to consider retaking the Federal Reserve into the Federal Government as the Constitution originally specified, and make the entire process easier for all. If this sounds extreme, perhaps revisit this article in six months again. [emphasis added]
  Hr. Engdahl tends to be right. Just check his writing over the last year and compare it with the consensus view at the time of writing.

Karl Rove Rap-Sheet: Add Murder to Treason and Sedition

The Raw Story | GOP consultant killed in plane crash was warned of sabotage: report

Arnebeck said that he received confidential information that Republican operative Karl Rove threatened Connell and his wife if Connell told all that he knew.
  Since the plane crash is being investigated by the FAA, and Bush is still in the White House, any evidence will be destroyed, but maybe once Obama is in the coverup can be exposed. Not that I really expect Obama to do anything about any of this, so probably not. The Banana Republicans have already gotten away with massive treason and sedition; what does another murder or two matter? As for Rove, he'd already hang ten times over if he was ever brought to justice, so he has nothing to lose. Offing anyone who might testify against him is just good business.

Thursday, December 18, 2008

Let the hangings begin

The Raw Story | Prominent neoconservative: 4,000 Americans 'had to die'

"My position is that it's regrettable that any Americans died. And it is regrettable that they had to die, but I believe they did have to die," said Gaffney. "The threat we did know about is the chemical capability Saddam Hussein used against his own people.... The danger was that inaction could have resulted in the death of many more Americans than 4,000."
   Since Gaffney does not appear to have had a government position, perhaps he is just more of an Israeli spy or unregistered foreign agent and should be shot or deported. Cheney is without a doubt guilty of high treason. Bush is too retarded to hang, but his administration was rife with high treason, the penalty for which at least used to be hanging. If was good enough for the Nazis at Nuremburg, it's good enough for the Neocon traitors.

Wednesday, December 17, 2008

Feds to Old People and U$D to Reality: Get Lost!

Bloomberg.com: Worldwide

Dollar Falls Most Against Euro Since 1999 Debut on Fed’s Rate

By Jamie McGee and Michael J. Moore


Dec. 17 (Bloomberg) -- The dollar declined the most against the euro since the 15-nation currency’s 1999 debut and sank to a 13-year low versus the yen as near-zero interest rates and rising budget deficits led traders to abandon the greenback.

The greenback extended its drop against a gauge of currencies of six U.S. trading partners, falling 11 percent from a 2 1/2-year high reached Nov. 21. Investors including hedge funds reversed bets that the dollar will appreciate to minimize losses as the end of the year approached, traders said.

“This move is historic,” said Russell LaScala, New York- based head of North American foreign exchange at Deutsche Bank AG, the world’s biggest currency trader. “It’s just going to keep going until the last bit of pain stops. I would not be shocked to see $1.50.

  Surprise, surprise! Dollar already going down the tubes. Who knew?

The Feds have decided to destroy the value of the dollar to protect the market capitalisation of their friends at GS, CITI, BAC etcetc Save the World! Old people on fixed incomes will just have to eat cheaper pet-food. Lucky for them, soon Chinese pet-food will be unaffordable, so they might not get poisoned. And all those low-wage workers for whom deflation would be their first real pay-raise in decades can get lost too. Old people, poor people, U$D debt-holders: Get Lost!

  Wonder what will happen to the value of the dollar when the rest of the world figures out that not only are we deliberately hyper-inflating our currency as an alternative to default, but we also consume more than anyone else, have more debt than anyone else, and produce less per capita of anything of value (meaning forget financial services, Hollywood crap, etc.) than anyone else except maybe places like Somalia?

Thursday, December 11, 2008

Clusterstock: Time For A Gas Tax

Time For A Gas Tax

   I've been saying this for months. Henry Blodget wants a price target of $4 and not to start it until 2011. I would set a nearer-term target of $3 and start drifting the price up to that target immediately, then start raising the target to $4 and beyond. Gas below $2/gallon is just plain stupid. Let's get it back up to at least $2.50 by the summer before people start thinking of anything over $2 as being high.

  The target should work as a price-band, using tax cuts and even short-term subsidies to smooth out price-swings. Economic actors can't be expected to act rationally and efficiently when the price of oil can be anywhere between $25 and $250/barrel.

  Measures, up to and including public flogging, would have to be taken to ensure oil companies didn't simply push their profit-margin up to reach the target price.

  The money raised by this tax could be used for things like bailing out the automakers while turning them more into mass-transit makers, upgrading rail roadbed and building more, including urban light rail, and so forth. This could fit nicely into Obama's infrastructure plan while actually adding a funding source other than the Chinese and other creditor-nations.


Monday, December 08, 2008

F William Engdahl: NATO scuttles US plan to encircle Russia

 As any student of WWII history knows, the war against Germany mostly took place in Russia, Western Europe being a sideshow and US participation a laudable afterthought. If not for General Winter and the T-34, Germany and Japan would have divided Eurasia and Africa and here in the US only the ocean might have saved us. Whether one likes Russia or not and whatever their government happens to be, they are right up there with Vietnamese as people one should absolutely not start trouble with. Anyone who tells you otherwise is just plain stupid, like for example George W. Bush and the horse he rode in on. The French, Chinese and US can tell you what happens if you mess with Vietnam, and the French and Germans can tell you all you need to know about messing with Russia. Much better to have them as friends than enemies.

  Me, I'm hoping the pirates in Somalia and the Strait of Malacca mess with the Russians. They won't fuck around with hand-wringing and whine about human rights and so forth. They'll zorch them, their familes, their friends, their homes and their whole fucking countries until it stops, and despite all the clucking and tut-tutting, the world will be a better, happier place. We have enough problems without stinking pirates from non-nations. Historically, human rights have never applied to pirates. String 'em up from the yard-arm; it's just that simple. Or mine their ports and cluster-bomb their cities. Whatever does the job.

  Same goes for the Pakis that hit Mumbai. Give Pakistan a reasonable chance to deal with it, then toss a little nuke into their 'tribal area' if they need some motivation,something small but very dirty, render a valley uninhabitable forever. Enough already of these Stone-Age savages in this 'tribal area'. It might make a suitable worldwide nuclear waste repository and toxic-waste dump. Fuck'em.

Asia Times Online :: Central Asian News and current affairs, Russia, Afghanistan, Uzbekistan
..... Translated into real political language, Washington has undergone a stunning setback in its agenda of encircling Russia with NATO. Despite the fact that president-elect Obama retained Bush Administration Defense Secretary Robert Gates, and named a person to be Secretary of State, Hillary Clinton, who has strongly supported bringing Georgia and Ukraine into NATO, key European NATO members, led by Germany and France, blocked what must be a unanimous membership decision. .....

Tuesday, December 02, 2008

Dream on, White Trash. Go back to your Fuhrer-bunkers and drink your Kool-Aid: you're done

McClatchy Washington Bureau | 12/02/2008 | Palin shows she's still got star power in Georgia

  Hey Bible-Beaters: You're done. When the Latino vote went for Obama, it was over for you. I'd suggest you leave the country and move to some fascist redoubt for your last stand, but ever since Apartheid fell, the Bible Belt was about it. Alaska, maybe? Anyways the Latino percentage of the electorate is only going to get bigger, and they are basically decent people, meaning they will always vote against your candidates. You're done; it's over; you lose.

McClatchy Washington Bureau

Posted on Tue, Dec. 02, 2008

Palin shows she's still got star power in Georgia

Liz Fabian | Macon Telegraph

last updated: December 01, 2008 04:09:03 PM

Sarah Theus blew her perfect attendance record at Porter Elementary to go Monday to see Sarah Palin in Perry.

The 11-year-old from Macon wore a hot pink "Sarah" headband that caught Palin's eye as she took the stage at a rally for Senator Saxby Chambliss on the eve of the run-off.

"Our candidate did not win the election but she won our hearts," said Sally Theus, Sarah's mother, who gave in to her daughter's begging to attend the rally.

Theus drove down to Perry with her sister-in-law Tammy Hawkins and 9-year-old niece Hailey Hawkins, who missed a day at Covenant Academy.

They were the first to arrive at the Miller-Murphy-Howard building of the Georgia National Fairgrounds and Agricenter in Perry about four and a half hours before the Alaska governor was expected to speak.

"We wanted the girls to see a fine, upstanding, Christian woman with five kids and a good career," Tammy Hawkins said. "We just wanted them to see you can succeed."

The men seemed to have slightly outnumbered the women in the crowd as chants of "Saxby, Saxby, Saxby" filled the room and got Palin's attention.

"Saxby," she echoed while nodding her head. "You betcha," she said to a roar of cheers. While comics have stereotyped Palin's phrases and dialect, the Republican vice presidential candidate's voice and message ring true for conservatives.

Korean War veteran Chuck Griggers of Macon said he came down to see what he called the "conservative side of the so-called Republican party."

"I saw the what-you-call the middle of the road in McCain," Griggers said. "But this gal, she has the moral standard to breathe new life into the Republican party."

Neal Cowan of Warner Robins said he doesn't stand up for more than an hour waiting for just anybody.

"Now she's something," Cowan said of Palin. "Just a fresh face. I think she will hang in there and do what she says she'll do."

Pam Sena drove her 7-year-old granddaughter from Locust Grove to see the young girl's role model. Morgan Sena took it hard when McCain-Palin lost the election, Pam Sena said. Her granddaughter thought Palin should have been at the top of the ticket.

When asked why the youngster thought Palin should be president, Morgan turned her eyes to the ceiling as she considered her response. Her shoes wobbled as she perched on the metal railing of the barrier behind the press platform while she thought.

"She's good," Morgan said softly and then added, "Cause she's pretty."

Others in the audience found Palin's principles just as attractive. Palin's smiling face adorned a campaign button on Mary Kimberly's red sweatshirt with "America" emblazoned across the chest.

"We like Palin because she's pro-life," said Kimberly, of Macon.

"I think she's the average American," Pam Sena added. "She's your Josephine the plumber or Sarah the fisherman."

Red, white and blue painted signs on the stage drew applause with their printed punchlines: "Read my lipstick - vote for Sax", "Keep your Change" and "Palin-Chambliss 2012".

After Palin left the room, Sarah Theus and her cousin Hailey Hawkins were giddy with excitement. They carried Palin's autographs as they left the room in their over-sized pink sweatshirts.

"She touched this," Sarah said with a fresh signature on her pink fleece "Sarah" headband.

"She touched my finger. She touched my finger," Hailey said while jumping up and down.

The 9-year-old hunter hadn't been this excited since she killed her third wild hog over the Thanksgiving holiday.

Now Hailey's mother hopes Palin's appearance will help her daughter continue to aim for success in the future.


Wednesday, November 26, 2008

Spitzer targeted for takedown by Feds? House Financial Services Committee wants to know.

Congressional Panel Seeks Inquiry on Roots of Spitzer Scandal - NYTimes.com

November 26, 2008

Panel Asks How Inquiry Began on Spitzer Banking

ALBANY — Eight months after a federal investigation into a prostitution ring brought about the downfall of Gov. Eliot Spitzer, the question persists in some circles: Was the federal government out to get Mr. Spitzer?

No evidence has surfaced to support such an assertion, and the prosecutor in the case has said that politics played no role in the pursuit of Mr. Spitzer, a Democrat. But that has not put to rest suspicions, expressed on left wing blogs, that Mr. Spitzer, a zealous pursuer of Wall Street wrongdoing who some thought could one day be president, had been singled out.

Now, a congressional committee is pursuing what would be the first public examination of the events that prompted the initial inquiry into his bank transactions, which showed he was sending money to a front company for Emperor’s Club V.I.P.

The House Financial Services Committee intends to take up the matter early next year and tentatively plans to hold hearings that could include testimony from the United States Treasury’s law enforcement unit, along with Mr. Spitzer’s bank, North Fork, and HSBC, a bank used by a company connected to the prostitution service.

“The question was: Why were they looking for this? Is this political retribution?” said Representative Michael E. Capuano, a Massachusetts Democrat and a member of the committee who has been critical of the increased scrutiny of banking transactions, which increased greatly under the passage of the Patriot Act.

“It raises questions in my mind that he may have been targeted for political purposes,” he said, adding that he had no evidence that suggested as much. ....

One of Mr. Spitzer’s last appearances in Washington was before a subcommittee of the House Financial Services Committee — a hearing on bond insurance.

It was on that trip that Mr. Spitzer stayed at the Mayflower Hotel in Washington, where he had the encounter that would lead to his resignation a month later.


   Of course they "assassinated" him. It was obvious at the time.

Tuesday, November 25, 2008

8500: The New 9000

  I've sold all of my calls and loaded up on puts. I love dead-cat bounces, but this dog don't hunt. Massive federal bailouts of bankrupt banks: good for a bounce, but no way to run a country. Go ahead and keep it bouncing, Fed Boys, 'cause you're going to get about a third of all the cash I'm raking in anyway.

Boo Hoo, White Trash: You Lost! Time to hide in your Bible-Bunkers and tornado-bait trailer-parks!

Asia Times Online :: Asian news and current affairs
.... During the presidential campaign, most of the country seemed to have accepted the possibility of an African-American president, with the possible exception of a narrow band of the nation that stretched in an arc from southwestern Pennsylvania across the deep south to Oklahoma.

This area, (along with parts of Republican Senator John McCain's Arizona and most of governor Sarah Palin's Alaska) were the only parts of the country that voted more Republican than in 2004; these places will suffer the culture shock of having to accept a president who looks nothing like their favorite NASCAR racing hero.

Although this is not really the change I'm talking about, it will also be a welcome difference that government policy in all matters of science policy, from stem-cell research to the search for intelligent life in the universe, will no longer have to be vetted by focus groups comprised of high school graduates bused in by Karl Rove from the Bible-belt megachurches....

Obama's one-trick wizards

Asia Times Online :: Asian news and current affairs

....
The one-trick wizards of Wall Street had one idea, which was to ride the trend and pile on as much leverage as credulous investors and crony regulators would allow. It has gone pear-shaped, and those who didn't cash out early along with the cynics are poor. Fortunately for them, Obama will let them play with the budget of the US federal government for the next four years.

Failed financiers run the Obama transition team. It used to be that the heads of great industrial companies got the top Cabinet posts. Now it is the one-trick wizards. After George W Bush fired former Treasury Secretary Paul O'Neill, who had run Alcoa, the last survivor of the species was Vice President Dick Cheney, the former CEO of Halliburton. Obama's bevy of talent comes from finance. American industrialists have become figures of ridicule, like the pathetic chief executive of General Motors, Rick Wagoner, begging for a government loan. ....

For a quarter of a century, the inbred products of the Ivy League puppy mills have known nothing but a rising trend in asset prices. About the origin of this trend, they were incurious. The Reagan administration had encountered a stock market in 1981 trading 50% below its the long-term trend. Reagan restored the equity market to trend by cutting taxes, suppressing inflation and easing some regulations. The private equity sharps were fleas traveling on Reagan's dog. They simply rode the trend with the maximum of leverage. ....

That explains how a Washington political operative like Rahm Emanuel, now Obama's chief of staff, who studied ballet rather than balance sheets, could earn a reported $16.2 million in two-and-a-half years at Wasserstein Perella, the mergers and acquisitions boutique. At the height of the bubble, Bruce Wasserstein's firm sold out to Germany's Dresdner Bank for the fairy-tale sum of $1.6 billion. Even the crumbs from Wasserstein's loaf could make a Chicago politician rich.

Without leverage, the clever folk around Barack Obama are fleas without a dog. None of them invented anything, introduced an important new product, opened a new market, or did anything that reached into the lives of ordinary people. They wore expensive cufflinks, read balance sheets, exercised regularly, sat on philanthropic boards, and assumed that their flea's ride on the Reagan dog would last forever.

All they knew was leverage, and now that the world is de-levering, they are trying to put leverage back into the system. One almost can hear Mortimer Duke, Don Ameche's charcter in Trading Places, shouting, "Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!"

Of course, nothing excludes the possibility that Obama's team will come up with something constructive. But there is no reason to expect a drastic change from the crisis response of the same sort of people (starting with Treasury Secretary Paulson) in the Bush administration. They will bail out incompetent, failing firms and drop money from helicopters and call it a stimulus package. And it will turn out no better than it did for the humiliated Republicans.

Monday, November 24, 2008

What Barack Obama Needs to Know About Tim Geithner, the AIG Fiasco and Citigroup

Institutional Risk Analytics

The only way to deal with this ridiculous Ponzi scheme is bankruptcy. The way to start that healing process, in our view, is by the Fed emulating the FDIC's treatment of DSL, withdrawing financial support for AIG and pushing the company into the arms of the bankruptcy court. The eager buyers for the AIG insurance units, cleansed of liability via a receivership, will stretch around the block.

By embracing Geithner, President-elect Barack Obama is endorsing the ill-advised scheme to support AIG directed by Hank Paulson et al at Goldman Sachs and executed by Tim Geithner and Ben Bernanke. News reports have already documented the ties between GS and AIG, and the backroom machinations by Paulson to get the deal done. This scheme to stay AIG's resolution cannot possibly work and when it does collapse, Barak Obama and his administration will wear the blame due through their endorsement of Tim Geithner


 Sounds like all that Big Money Money paid to Rahm Israel Emanuel and others is going to turn out to be a good investment. The US will end up bankrupt and in default, but by then the usual suspects will have cashed out of their bailout-rescued investments and moved into Swiss francs and gold. I got more puts today, on GS XOM and CVX, and on MSFT just because I hate them. I'm making money like crazy off of this mess of waste, fraud and corruption. I just need to remember to get it all out of USD before the plug gets pulled.


Wednesday, November 12, 2008

"....a Mexican strawberry picker with an income of $14,000 and no English was lent every penny he needed to buy a house for $720,000."

The End
The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong.
Found this via Clusterstock. Lots of great quotes in this, a good read.
“The single greatest line I ever wrote as an analyst,” says Eisman, “was after Lomas said they were hedged.” He recited the line from memory: “ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’ I enjoyed writing that sentence more than any sentence I ever wrote.” A few months after he’d delivered that line in his report, Lomas Financial returned to bankruptcy.
In Bakersfield, California, a Mexican strawberry picker with an income of $14,000 and no English was lent every penny he needed to buy a house for $720,000.
“With all due respect, sir,” Daniel told the C.E.O. deferentially as they left the meeting, “you’re delusional.” This wasn’t Fitch or even S&P. This was Moody’s, the aristocrats of the rating business, 20 percent owned by Warren Buffett. And the company’s C.E.O. was being told he was either a fool or a crook by one Vincent Daniel, from Queens.
Truth to tell, there wasn’t a whole lot of hand-wringing inside FrontPoint either. The only one among them who wrestled a bit with his conscience was Daniel. “Vinny, being from Queens, needs to see the dark side of everything,” Eisman says. To which Daniel replies, “The way we thought about it was, ‘By shorting this market we’re creating the liquidity to keep the market going.’ ” “It was like feeding the monster,” Eisman says of the market for subprime bonds. “We fed the monster until it blew up.”
I've just started reading that "1421" book about how the Chinese discovered the world. Apparently even back then they liked to sell their goods cheap and on easy credit to their trade partners, who were thus kept indebted and presumably also hooked on the nice cheap cobalt-blue porcelain and so forth. Maybe the Chinese invented "feeding the monster". I wish they would learn Spanish before they take over the world. Spanish, while not the most beautiful-sounding language (neither is English by any means) has the remarkable advantage of having an exact correspondence between how it is spelled and how it sounds (excepting my beloved Argentines, who have to do everything in their own style including speak Spanish). There are plenty of highly intelligent people who sound like idiots if they write anything because they are not wired to remember the arbitrary and capricious, not to say cruel and unusual, relation of lack thereof between spoken and written English (I do have such hardware, but would much rather have hardware suitable for Quantum Gravity that Goddamn English spelling). Chinese, being a tone-system language and not even standardised within China as far as I know, is singularly unsuitable for the role of universal language (except for the fact that billions of Chinese already speak it, of course). I suspect that Western Barbarians such as myself are lacking the hardware to properly learn Chinese even had I been born there. So please learn Spanish, Chinese, before you take over what is left of the world after the current bunch of schmucks get done f*cking it up.

Saturday, November 08, 2008

MI6 Hiring

Operational Officer - jobs from exec-appointments.com One of many reasons I love FT.com... Where else would I see MI6 job postings?
Salary on application London, and Worldwide Operational Officer MI6 Become an Operational Officer at MI6 and you’ll be faced with a career opportunity like no other. We’re looking for impressive, experienced professionals with political curiosity, an international perspective and the qualities to collect and assimilate secret foreign intelligence. Do so and you’ll help the Government protect the UK’s security, stability and prosperity. MI6 exists to tackle threats to the UK including terrorism, regional instability, the proliferation of weapons and drug trafficking. We look for resourceful, adaptable, impactful people from the widest possible range of UK cultures and backgrounds. There are three types of Operational Officer. Our Case Officers plan and carry out secret operations overseas. The Targeting Officers build up intelligence pictures of different areas of interest and identify potential target agents. Finally, our Reports Officers, based mainly in London, assess, validate and deliver intelligence to the Government. They’re all roles in which you can have a major impact on the UK – and develop a fascinating, long-term career. If you think you have the qualities we’re looking for, please click on 'Apply Now' Please note, we only accept applications from British citizens. You should not discuss your application with anyone. job ref OO Apply Now

Obama the first Jewish President?

Rahm Emanuel - Wikipedia, the free encyclopedia From his Wikipedia page:
Emanuel has been described as a “strong Israel partisan”[26] and a “convinced Zionist” and “prominent figure in the US Jewish lobby.”[27] A strong supporter of AIPAC, he personally introduced fellow Chicagoan Barack Obama to the organization's directors during the 2008 presidential campaign.[28] A November 2008 article claimed that while expressing empathy for Palestinians, Emanuel has explicitly condemned their leaders.[29]
Who Is Rahm Emanuel? Clusterstock.com tells us that in addition to representing AIPAC, Rahm Israel Emanuel is the biggest recipient of Big Money money. What a surprise. Big Finance, AIPAC, and his middle name literally is "Israel". Let's just quit having elections here and let the Knesset pick for us. Save a bunch of time and money that way.
It was clear that Hilary would have been at least as rabidly Zionist a president as Joe Lieberman, and McPalin needs no comment. It looks like a choice regarding Middle East policy was never on the ballot except for the third-party candidates, and never will be. I voted for Obama, but I sure am glad I didn't give him any money or put much effort into him. To be fair, Rahm Israel Emanuel doesn't sound completely rabid: he apparently supported the Oslo peace process. But give me a break here: Obama's first pick is a guy whose middle name is Israel, has or had dual US-Israeli citizenship, volunteered with the IDF during the first Iraq Attack, has Israeli family and spends his summers there, and is awash in Big Money Money, and about whom there is considerable chatter linking him to Mossad... Really, I couldn't make this stuff up if I tried... I would have left the country in a hurry if McPalin won, and now my wait-and-see attitude is already moving towards concluding there really is no alternative for the US but bankruptcy and implosion in the service of our various enemies and masters, foreign and domestic, so I think I'm still out of here, just in a more leisurely fashion.

Let the Big Three bite the Big One

Don't Do It, Obama. Don't Save Ford (F) And General Motors (GM)

   Instead of giving these shitheads money to build more fall-apart guzzlers, let's allocate the money for mass transit projects like light rail and so forth and then see if the Big Three can manage to contribute. Oil will be heading back to $200/barrel once economies recover if not before. The last thing we need is more cars. We need mass transit, and it should be subsidised so that everyone driving is also paying for someone to ride mass transit for free. Otherwise the whole country crashes when oil goes over a certain price: no more food in supermarkets, nothing, over and out.


Down with Utah!

Utah faces boycott after Mormon work for Prop 8

Utah faces boycott after Mormon work for Prop 8

Friday, November 7, 2008

(11-07) 16:32 PST Salt Lake City (AP) --

Utah's growing tourism industry and the star-studded Sundance Film Festival are being targeted for a boycott by bloggers, gay rights activists and others seeking to punish the Mormon church for its aggressive promotion of California's ban on gay marriage.

It could be a heavy price to pay. Tourism brings in $6 billion a year to Utah, with world-class skiing, a spectacular red rock country and the film festival founded by Robert Redford, among other popular tourist draws.


  I think this is a great idea, and should be generalised to include Alaska and all the deep-red states, which tend to be backwards economically as well as in other respects. Let's drive the Bible-thumping bastards into bankruptcy! Send the Bible-beaters back to their bunkers and put The Fear into them so they never emerge to plague the rest of us again!