Tuesday, March 10, 2009
The Perfect Solution
Problem solved.
Monday, March 9, 2009
Zombie Nation
I thought I was still dreaming. I woke up one morning and the America I knew and loved was gone. People were detached from reality. In public, they wandered aimlessly in slow monotonous pace. Their mouths spewed indiscernible mumbles under their rapid breath, swaying with a glazed stupor in their eyes, unable to engage in general discourse. Logically, it would appear I was describing transition to decay in a movie like Dawn of the Dead. But what is happening now might be scarier. I decided to investigate the cause of a lethargic nation and where better to find the basis of any fear based pandemic than the cesspool of American Culture; TV.
With a finger fixated on the kill switch, I flipped on a television and began to explore the basis of American befuddlement. It all became clear. All the major news stations, MSNBC, CNN, BBC, ABC and even fake stations like Fox were spewing infection. Headlines and news articles continued to post the treacheries and confusions. It was hour after hour, headline after headline of jargon rich, economic talk with no clear answers and no clear prognosis. Terms like Collateralized Debt Obligations, LIBOR, Credit Default Swaps, Netting, Leverage, Sub-Prime Mortgage, IMF, FED Interest Rate, Troubled Assets, Money Markets and Mortgage-Back Securities were injected into common language leaving people spinning away from reality.
I will be the first to admit; sometimes I will sit out an important news story. I won't look up the causes or dive into the story and will be left to sit on the bench waiting for the story to pass. Ask me today about the recent Jordan/Russian conflict and I could give you a synopsis fit for a 3rd grader. But this was bigger. This was the...Credit Crisis.
More and more people are holding their breath, waiting for this story to pass. But every economic indicator and headline of major newspapers continue to marvel us with "Record Low" stock performance or "Record High" Interest Rate". This one, unfortunately, is not going away.
So, is the only solution to download the TRAP bill and read the 716 page document in its entirety? Should we withdraw all our money and use it to pad our devalued houses and slowly go crazy mumbling London InterBank Offer Rate? Quite the contrary, I found the antidote. In a sea of nonsensical, incoherent, and meaningless talk, I have found the solution. Simplicity.
As the first part of simplifying where all the money has gone, I will start with this video. Put best by Martin Fischer "Knowledge is the process of piling up fact; wisdom lies in their simplification". We are in an era of information but wisdom is fleeting quickly. Let’s all do our parts.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Thursday, March 5, 2009
Fact Check for Yourself
On March 4 Bill O'Rielly played a clip of ,the then candidate, Obama saying "We are going to ban all earmarks, the process by which individual members insert pet projects without review." Then O'Rielly states that he just signed the budget that had 9000 earmarks in it. O'Rielly was misrepresenting what Obama had said. Obama was referring to his desire to "ban all earmarks" from his "recovery and reinvestment plan," which he specifically distinguished from "the overall budget process." But if you don't follow up on what all of these talking heads saying is fact, you would just take what O'Rielly on face value.
Brian Kilmeade on Fox and Friends falsely said that President Obama has proposed eliminating the ability of taxpayers to take income tax deductions for their charitable contributions. Which is false. Obama has not proposed eliminating the charitable donation income tax deduction for any taxpayers. Rather, a provision in Obama's budget proposal would, beginning in fiscal year 2011, reduce the tax rate at which families earning more than $250,000 per year can take itemized deductions to 28 percent. Once again if you didn't look around and you take it at face value they you are misinformed.
Fox News' Special Report hosts Bret Baier and Megyn Kelly, respectively, misrepresented the reported plans of the Obama administration to reverse the Bush administration regulation to falsely state that the Obama administration's decision could result in doctors' being prosecuted or discriminated against for refusing to perform abortions. But the real story is that Federal law -- which the Obama administration cannot repeal, states that the regulation which prohibits public officials from requiring recipients of public funds to perform abortions or sterilizations in violation of their religious or moral beliefs. Similarly, federal law prohibits entities receiving public funds from discriminating against personnel who refuse to perform those procedures for those reasons. Check it out right here.
These are but a few of the stories that are being spread around the news. Fox is a big purveyor of these false stories, but it is other news organizations are doing similar misinformation as well. So just don't rely on the talking heads check it out for yourselves. The Internet is a wonderful place for information just go out and find it.
Tuesday, March 3, 2009
13-Year-Old Might be the Smartest Republican
Short Sell America...Trade China!
The Voices of the Republicans
Rush Limbaugh
Limbaugh calls concern about the ozone layer: "balderdash. Poppycock." The only people who worry about it are "environmental wackos," "dunderheaded alarmists and prophets of doom."
"I hope Obama fails."
Go here for more words of wisdom.
Ann Coulter
There is just not much room to post all the wacky things that she has said ,so just go here for a list of just a couple of quotes.
Newt Gingridge
I just have to print this about Newt and his family values.
In 1981, Newt dumped his first wife, Jackie Battley, for Marianne, wife number 2, while Jackie was in the hospital undergoing cancer treatment. Marianne and Newt divorced in December, 1999 after Marianne found out about Newt's long-running affair with Callista Bisek, his one-time congressional aide. Gingrich asked Marianne for the divorce by phoning her on Mother's Day, 1999. [Source: New York Post, July 18, 2000
Go here for Newt's words of wisdom.