Theo Spark

Wednesday, 16 November 2011

Roughly 3-trillion of EUro debt is uncollectible.

To me, this says "write-off's."
- But, someone's debt is also another's asset.

Now, if you take 'risk' for your own private 'gain' WHY should the public, a mere bystander in the deal, have the losses laid-off on them?
- Taxpayers did NOT stand to gain from the risky and stupid bets the Banksters made.

The disconnect of 'risk' from 'return' is one of the biggest con's going today.

Orwell was prophetic, maybe some animals are more equal than others...

The debt ceiling explained.........

Look at it this way...

Let's say you come home from work and find there has been a
sewer backup in your neighborhood... and your home has sewage
all the way up to your ceilings.

What do you think you should do?
Raise the ceilings or pump out the poop?

Your choice is coming Nov. 2012

H/T Marshall

H/T I Suck at Golf

Retire-a-geddon?...........from Rico

Sing along to the tune "Yes, we have no bananas..."
- Yes, we have no retirement, we have no retirement today....

Many Americans are on very thin ice.
- By not having a 'plan' for retirement (which is a BAD plan btw), not discussed in the smiley-happy face Propaganda Arm of the current regime, called by some the MSM (and by others 'liars' and/or 'dinosaurs' that don't know they're already fossils) is this:

- 37% of Americans have NO retirement savings.
- 38% of Americans 'plan' to retire and live off Social Security.

Good luck with that!
- Welcome to poverty.

So, how is that "hope and change" working out for you?

News...........

An absolutely perfect day....

Did a Car Company Just Email Me To Object to My Blogpost?

Fox News Links to Caruba Commentary on G.W. Bush

Information Dissemination: President Expected to Announce New Marine Base in Australia

BLACKFIVE: It is shameful to support men and women who have gone overseas to kill other human beings

“Honor” « Neptunus Lex

Food stamp use at military commissaries up sharply in four years

More proof that high taxes chase rich people away

CDR Salamander: Russian Navy Staggers On

Fallon Air Park Recce « Neptunus Lex

EagleSpeak: Defense Spending Questions

US forces headquarter to be Kirkuk civil airport

Middle Class Americans Want Repeal

Obama Admin. Pushed Solyndra Layoff Announcement Until After Election

Obama to Pardon Child Molester Sandusky

Kagen emails show she was excited about Obamacare passage

Syria frees more than 1,000 prisoners: state TV

Jane Austen 'died from arsenic poisoning'

PPP: Newt Leads Nationally

JB Balad wraps up operations

Whither the White Working Class?

Massachusetts Law Professor Calls Care Packages For U.S. Troops 'Shameful'

Former Holder Chief of Staff Nomination to Court Imperiled Over 'Fast and Furious'

Spec-Ops Command: SEAL raid book 'a lie'

Information Dissemination: Observing the Sh!t Talking About George H. W. Bush

Chicks with Guns

Mayoral Hopefuls Blast Bloomberg’s ‘Occupy’ Eviction

India and Pakistan Agree to Normalize Trade Ties

Regulatory Changes, Economy Kill Airbus A340

The greening of Hurlburt Field: 'It's phenomenal'

Massive chaos, gridlock to be unleashed on NYC

The Best Picture You’ll See All Day

MI6 spies died in battle against al-Qaeda

Syria to 'boycott Arab League summit'

Why did the Arab League tyrants’ club finally turn on Syria?

Russia and Tajikistan row over jailed pilots

Israel increase in support for Kenya's al-Shabaab battle draws fresh threats

Bigotry, revisionism and Baroness Warsi

Miss. native author: POW records deleted

Robo-deer effective enforcement tool against poachers

Party Like It's 1877: Colt's Remaking Bulldog Gatling Guns

Judge rules OWS protesters can't return to Zuccotti Park with tents, overnight gear

Penn State: the Banality of Collaborative Evil

The truth is out there, if only you do not sleep ....

Wednesday Wenches..........

Contingency plan?............from Rico

Call it what you will.
- Contingency plan?
- Spare parachute?

Fwance has TWICE the debt of Italy. In fact, sovereign bond yields spiked today (not a good sign) on everyone in EUroland except Germany.

No, the fat lady hasn't started singing yet...but she is warming-up.

Tuesday, 15 November 2011

Bedtime Totty...........

And that is what happened in Spain and Greece.............

Some years ago a small rural town in Spain twinned with a similar town in Greece.
The Mayor of the Greek town visited the Spanish town.
When he saw the palatial mansion belonging to the Spanish mayor he wondered howhe could afford such a house.
The Spaniard said; "You see that bridge over there? The EU gave us a grantto build a two-lane bridge, but by
building a single lane bridge with traffic lights at either end this housecould be built".
The following year the Spaniard visited the Greek town.
He was simply amazed at the Greek Mayor's house, gold taps, marble floors, itwas marvellous.
When he asked how this could be afforded the Greek said;
"You see that bridge over there?" The Spaniard replied; "No….."

H/T Pete H

Juan Williams Belittles Perry's "Brain Freeze" And Has One of His Own...............by Dan Friedman

Yesterday, the panel on Fox News Sunday got around to discussing Rick Perry and his performance in the last debate. When Juan Williams weighed in on Perry’s “brain freeze,” the polished and experienced media figure’s had a momentary loss for words, and in trying to recover Juan produced an embarrassing gaffe of his own.

You’ll find a video of the show here. Slide over to the 35-minute mark to see Juan’s faux pas and the panel’s reaction.

Dan Friedman
NYC

Video: Bonneville - 462 in the Speed Demon............

H/T Canis 61

Video: Frenchy's Great Escape

Pull my other leg now.............from Rico

Yeah, the recession 'ended' a couple years ago according to the current regime.
- Now, pull my other leg why don't you?

People that actually know what they are talking about (which excludes Congress, Barry & Co., and Warren Buffet these days) are saying that home prices/values have further to fall...perhaps 50% further, and that we are NOT in a 'recovery' but in year 4 of a seven-to-ten year depression.

Our last census said 18% of US homes were sitting vacant, and that 1/3 of the occupied homes were occupied by renters.
- These are unhappy facts, and they do NOT match the "happy face" being presented my the Ministry of Truth.