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Only 1 in 10 Europeans see US as an ally — study
2 hours ago
Saturday, 16 October 2010
President Bill Clinton Campaigns for Loretta Sanchez
And Monica Lewinsky was heading up the welcome team:
More great blogging througout the day at American Power.
Video: Spinning Bullets On A Frozen Lake
Spinning Bullets On A Frozen Lake - Watch more Funny Videos
H/T Marc
News...........
Day 99 – 16th October 1940
Week 14 Summary: The Denouement
Obama and the US-Israel alliance
10 annoying things people do on airplanes
America's first pentagon
Police: Doughnut thief pees, offers officer sex
Google chucks $757m at data center empire
Chinook Pilot Shot in Head
Robert Mugabe: Zimbabwe unity deal should end next year
If Historical Events had Facebook Statuses
If Historical Events Had Facebook Statuses – Part 2
Bungling crook dons military-style Ghillie suit in elaborate plot to burgle US museum
David Cameron steps in to quell military revolt over cuts to defence budget
Senate Democrat leader battling to save Nevada seat
US man to be charged with toilet paper assault
South Korea's kimchi crisis deepens
and finally........
For the first time, beer is not the answer
Epic......from Rico
Epic is a perfect word. EPIC.
- Our choice whether it is an EPIC fail or not.
Fiat (paper money) money comes and goes. I have shoeboxes full of worthless fiat money from around the world. Sure, I needed walking around money at the moment...but, BUT, at some point the paper promises (the counterparty risk/promises) becomes worthless and is renigged upon!
- The very best example is the $100 trillion dollar Zimbabwe banknote on my wall. Gotta LOVE it!
PM (precious metals) has NO counter party risk or obligation.
Watch this video and decide for yourself. Trust Benyamin Bernanke and the 'full faith and credit of the US Government' or trust your own good judgement and common sense.
Trading paper Dollars for bullion? Oh, yeah baby....I'm outta here!!!
Friday, 15 October 2010
Tea Party Set to Obliterate the Political Establishment
See the full report at American Power: "Not Racist, Wide Influence — Tea Party Set to Kick Butt in November."
Main Street's Balance Sheet.........from Rico
Drilling-down from the FED's Balanace Sheet, let's look at Main Street's Balance Sheet. After all, our $14 trillion economy is 70% consumer dependent, so it's reasonable to take a look to see how the average guy on Main Street stacks up. I'm kinda weary of hearing about Wall Street anyway.
- 54 million households have credit card debt. The average debt is $15,788.
- Average Americans have just about four credit cards, and 51% have at least two credit cards. Their average FICO falls between 600-700 (say 692) while the maximun score is 850 (at 620 and below you're effectively toast and can not get access to any credit).
- 270 million VISA cards and 203 million Mastercards are floating about.
- Average spending on housing is 34% of income, followed by 17% on transportation, and 13% on food. Whew! I'm sure glad energy and food aren't calculated into the inflation numbers by the 40# brains in government!
- The average American saves 6% of income....at least the half that bother to save anything. The Chinee save 30%, Switzerland 14%, and Germany 13%. And our FED is complaining that Americans are saving too much!
- The median household income for 2009 was $49,777.
Things are not looking better recovery-wise, in fact they look muy malo....very BAD.
News...............
Global Warming Hoax Weekly Round-Up, Oct. 14th
5 Dangerous websites for kids
Why Intelligent People Drink More Alcohol
Al-Qaida calls for 'lone-wolf' attacks on US
Your lingerie colour says a lot!
For who among you will put on trial the will and the voice and the revealed truth of the voice of god?
Loans to China local authorities 'at risk'
Fischer buys more dollars; rate still falls
Good Question!
Wahida "The Hutt" Valiante VS. Imam Delic In Mosque Cage Match!
Memo From Middle America (Formerly Known As Memo From Mexico)
AMERICAN JEWS AND PRESIDENT OBAMA
Day 98 – 15th October 1940
Eur. Jewish Congress: 'Jews in Europe Entering a Dark Period'
Anderson Consulting test
Man gets $650,000 for lap dance eye injury
Mahmoud Ahmadinejad's visit to Lebanon sends a menacing message
Ahmadinejad tells Lebanon: 'Zionists are mortal'
Chilean miners offered free holidays, iPods and sushi
Government troops accused of rapes in Congo
Royal Navy destroys Somalian pirate boat
and finally..........
Sports agent talks ethics in response to SI article
A Look at Ten Awesome Summer Vacation Movies
Perfect trifecta............from Rico
The very people who fundmentally 'broke' the system has been claiming they can 'fix' it.
Right.
We have the perfect trifecta of stupid [Fed-treasury-Congress] pursuing monetary insanity.
Sure.
The lapdog media is telling us things are getting better and will be all right. Trust the Dollar and buy US Bonds (debt) because they are safe. Stay away from that gold bubble though, bubba!
- It's not a bubble until it's near 25% of the market. Look at the chart and find the red numbers. You'll recognize the bubbles we've recently had.
- Look at the historic global investment numbers for gold. Does this look like a bubble to you? I think it has a long way to go just to 'catch up' to where it ought to be.
- When the equities markets double in Dollar value, and the Dollar is worthless, we can ALL be Zimbabwe Billionaires and light our cigars with greenbacks and watch the USG default on its debts by paying back loans (bonds) with the equivalent of monopoly money.
Heads Explode at Think Progress After O'Reilly Says Muslims Did It on 9/11
And that's after Joy Behar and Whoopi Goldberg both blew their gaskets.
Full comments at the post: "Joy Behar and Whoopi Goldberg Walk Off After Bill O'Reilly Says 'Muslims Killed Us on 9/11' — Heads Explode at Think Progress!"
And more great blogging at American Power.
Thursday, 14 October 2010
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