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Friday, 23 September 2011
Punchbowl running dry.......from Rico
Martin Armstrong is something akin to true 'genius'...something rare these days!
- While his graphic (attached) dates from the 1980's, you can bet that manufacturing has shrunk and gooberment has increased. Not a good sign!
While the Great Depression was no fun, at least the farmers made it through. Today's X-box generation won't have as easy a time of it once Frankenfoods stops delivering to the corner grocery store.
- Pringles don't grow on trees.
With the FED today demonstrating that it has no more bullets to use, and that Ben's tenure has been a turd in the punchbowl, all that seems to remain to do are make the introductions:
- Titanic, meet Iceberg!
Thursday, 22 September 2011
At The UN Obama Threads the Needle............by Dan Friedman
Acutely aware his reelection at home is in jeopardy, Obama spoke to the UN General Assembly today. His speech, at least the section that dealt with “the peace process,” was a feat of rhetorical engineering. I’m sure if you counted the words, the number devoted to Israel and the number devoted to “Palestine” would be equal.
You can be sure the White House looked high and low for a “peace” quote from Abbas, and this was the best they could come up with: “We will spare no effort and we will work diligently and tirelessly to ensure these negotiations achieve their cause.” Heh, even as Obama quotes Abbas, he fails to recognize (or ignores) his duplicity.
Here is the White House transcript of the speech.
Dan Friedman
NYC
Video: Axe the Tax from the Galileo Movement
AXE THE TAX By the Galileo Movement. The carbon dioxide tax has divided Australia. This video meets people's needs for truth, understanding, reassurance, security, confidence, hope and clarity.
It uses a dramatic depiction of facts on carbon dioxide (CO2) in Earth's atmosphere, including human component.
Set against the Sydney harbour bridge for context.
Produced for The Galileo Movement, a non-profit organisation dedicated to informing people about carbon dioxide and real-world climate science and to restoring integrity to science.
www.galileomovement.cm.au
H/Ts Pete H & Tony B
Destroying to Save?..........from Rico
Does anyone still remember the old Vietnamese Imperial City of Hue on the Perfume River?
Well, back in the day, some genius said "we had to destroy the city to 'save' it."
Gee, thanks Benny! Didn't know you were a student of History, but merely thought of you as an Ivy-league Keynesian Economics Professor!
Looks like you had to 'destroy' the 30-yr US Bond to 'save' it!
Nice.
Chubby Checker's "Twist" was at least entertaining. Yours stinks.
News.............
Dancing with the Stars: Hate Mail Edition
Forgetting Our History Means Losing Our Country
Because Marines Don't Know How to Fail in Any Context
Chicago union bosses raking in millions from city pension fund
The Bangsamoro Insurgency: An International History
Iraq Cabinet Plans 36% Advance to Annual State Budget in 2012
Iraqi budget crunch slowing US troops decision
EagleSpeak: U.S. Navy (and, I assume, the Marines) Looking for that Basic Ground Support Aircraft
AT-6 Tested for Light Air Defense Missions
Disconnect Divides Washington, Baghdad Over Future U.S. Presence
House kills spending bill with disaster aid
Poll: More people blaming Obama for bad economy
Army looking at how fish oil might reduce suicides
Clinton: No new (Obama) taxes?
TYRRELL: Not knowing when to say ‘when’ on taxes
California: Councilman Names Dog “Mohammed,” CAIR Demands He Apologize…
ROOT: Obama is right
Barack Obama's desperate Hail Mary
Obama Goes Country With 'I Blame Everyone, Man' (But, It's Still The Same Old Song)
Obama Losing Jewish Voters Over Fuzzy Israel Support
First prize for a child in Somalia: An AK-47
Palestinian state is wishful thinking
Social Security is a Ponzi scheme, only worse
Fed's twisted logic sends 'sell' signals
Very Light Attack « Neptunus Lex
Gunwalker's Body Count Grows, Along with the Obama Administration's Cover-Up
Afghanistan is lurching towards a civil war
NHS hospitals 'crippled' by PFI scheme
North Korea taps into tourism to attract foreign investment
Burka ban: French women fined for wearing full-face veil
Nasa satellite the size of bus 'could land almost anywhere'
Libyan rebels 'capture Gaddafi chemical weapons site'
Ukrainian man wins dumpling eating competition – then dies
Penis enlargement operations on the rise
Pakistan ISI urged attacks on US targets: Officials
Sheriff's eligibility 'posse' sparks media whirlwind
Lawmakers Claim Justice Inspector Obstructed Probe Into ‘Fast and Furious’
and finally........
Irving Berlin’s “God Bless America” (H/T Shelly)
Plop, flop!...............from Rico
The "plop" heard 'round the world.
Benny's FOMC announcement flops.
Equities crater.
DJIA <281.36> NASDAQ <47.38> S&P500 <34.08>.
Operation Twist, name inspired by the FED's knickers after they looked at the 'real' economic date (the stuff we're not told).
Precursor to economy landing in the toilet identified
Sarah Palin Suggests She'll Decide on Presidential Run by November
And a new poll out today might nudge her towards entering the race.
Palestinians Delay Vote on Statehood at United Nations
The full report: "Obama Rejects Palestinian Bid for Statehood Through the United Nations."
Obama's comments on Israel start around 19:00 minutues:
More on this in upcoming posts.
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