Ready for Hillary...
Gold supply and demand data published by all primary consultancy firms is incomplete and misleading. The data falsely presents gold to be more of a commodity than a currency.
Gold has picked up that something MAJOR is afoot. It's exploding higher against EVERY major currency.
With a $3.8 trillion yearly budget, the US Government is the most powerful entity in the world. This simple infographic shows how the money was spent.
black hole, bitchez.
Read more: http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829#ixzz24xnEjXBs
Read more: http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829#ixzz24xnctGyV
Mitt Romney – a man whose own father built cars and nurtured communities, and was one of the old-school industrial anachronisms pushed aside by the new generation's wealth grab – has emerged now to sell this make-nothing, take-everything, screw-everyone ethos to the world. He's Gordon Gekko, but a new and improved version, with better PR – and a bigger goal. A takeover artist all his life, Romney is now trying to take over America itself. And if his own history is any guide, we'll all end up paying for the acquisition.
Read more: http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829#ixzz24xnoD8my
We don't need to cut spending. The government can reduce the deficit by improving efficiency. People also forget that the debt is multigenerational. We don't need to pay down the debt now, as richer future generations will pay it down for us. To quote Professor Benedict S. Bernanke (current Federal Reserve chairman):
“If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations bear the burden of population aging is appropriate, as they will likely be richer than we are even taking that burden into account.”
Benedict Bernanke. I like that name. It reminds me of Benedict Arnold - one of America's biggest traitors.
romney and obama they still wake up everyday and go to work. lie and cheat, but still work.
what did Ann Romney ever do in her life except to suck Romney off to live like a queen?????
french lit major?
She wasn't a librarian? Well, that changes everything!
Michelle Obama , is that you ?
This is why we call it the deadstream media now.
REPUBLICAN CONVENTION NIGHT 1
FOXNEWS 6,878,804NBC 4,770,050CBS 3,118,927ABC 2,862,656CNN 1,473,885MSNBC 1,468,348
it would be more interesting if hurricane came in and took out romney and ron paul ends up getting the nomination.
Otherwise, pomp and circumstance for CFR chosen candidate. What a waste.
5,800+ reads on this thread so far. That should translate into some decent ad click revenues for ZH.
George Carlin ~ The American Dream
more on Romney Gecko...
"In a typical private-equity fragging, Bain put up a mere $18 million to acquire KB Toys and got big banks to finance the remaining $302 million it needed. Less than a year and a half after the purchase, Bain decided to give itself a gift known as a "dividend recapitalization." The firm induced KB Toys to redeem $121 million in stock and take out more than $66 million in bank loans – $83 million of which went directly into the pockets of Bain's owners and investors, including Romney. "The dividend recap is like borrowing someone else's credit card to take out a cash advance, and then leaving them to pay it off," says Heather Slavkin Corzo, who monitors private equity takeovers as the senior legal policy adviser for the AFL-CIO.
Bain ended up earning a return of at least 370 percent on the deal, while KB Toys fell into bankruptcy, saddled with millions in debt. KB's former parent company, Big Lots, alleged in bankruptcy court that Bain's "unjustified" return on the dividend recap was actually "900 percent in a mere 16 months." Patnode, by contrast, was fired in December 2008, after almost four decades on the job. Like other employees, he didn't get a single day's severance.
I ask Slavkin Corzo what Bain's justification was for the giant dividend recapitalization in the KB Toys acquisition. The question throws her, as though she's surprised anyone would ask for a reason a company like Bain would loot a firm like KB Toys. "It wasn't like, 'Yay, we did a good job, we get a dividend,'" she says with a laugh. "It was like, 'We can do this, so we will.' "
After Bush, after Obama, does amerika "deserve" a Romney presidency?
Yes it does.
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And for a little perspective... die hard far right wing readers my wish to avert their gaze, we would not want any heads exploding now would we?
Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It's Barack Obama?
From Forbes, that bastion of far left Obama loving media <sarc/>
For those who will not face the truth by looking at the article it goes like this...
RAYGUN increased spending by 8.7% in his first term, the largest 4 year increase since WWII
Then BushCo Jr. 2nd term up 8.1%
Then BushCo Jr again first term, 7.3%
Then BushCo Sr up by 5.4%
After that we have RAYGUN second term at 4.9% increase
Then comes Clinton second and first terms at 3.9 and 3.2% respectively
Last is Obama at 1.4 which includes spending as formulated by the BushCo regime which spilled over into Obama's first term.
Don't know where you're pulling out 1.4%, but if you look at the WH's own numbers, Obama's cruising into a nominal 7.9% increase in spending between 2009 actuals and 2012 projections. Of course this is in a massive recessionary/depressionary environment - which is why we're seeing the massive deficits under Obama and the Senate which hasn't passed a budget for 3 years. Here's a good rundown of the nominal increases in federal government from the WH OMB files.
This guy does a good job of comparing YoY increases, the worst and the best and adjusting them for inflation:
Folks the inmates are running the asylum up there on the Hill, and we'd best take the pitchforks and torches and head up there. And that includes Obama.
just saying.....you should look deeper into princess Ann Romney...
she is one of those American Francophiles types who worship "let them eat cake " princess Marie Antoinette.
the thing is she looks like another bitch who wanted to get into the whitehouse...hillary.
good luck to all American middle class men from getting any sympathy from this naive superficial stepford wife.
Dude, the girl gave a 'Why I love my hubby' speech that all Presidential wives give if they can.
Why run her into the dirt? that is such a loathseome thing, to target members of a Presidents family.
Magic Underwear Guy isn't President yet.
Oh, and get your possessives right next time.
Yes, I've never heard anyone insult Michelle Obama before. /sarcasm. The fact of the matter is some partisan fools can't take it when their candidate gets ripped into. Learn to hate both candidates equally.
But is it ok to hate both candidates and their Veep choices, plus their four wives? I'm pretty much there.
I haven't decided whether I'm voting for Johnson or writing in Ron Paul, probably the latter.
I'll have 2 orders of Freedom Fries, please.
No wonder Mitt can't remember the name of the horse... I can see the confusion.
""let them eat cake " princess Marie Antoinette."
Real historical evidence, not your public school indoctrination, shows M.A. never said that.
AldousHuxley vient de prouver à tout le monde qu'il est un parfait imbécile.
Like to see the same stats on BHO ... Did he apply to Pepperdine, Columbia, Harvard as a foreigner (Ill State Senate, he called himself a Kenyan)? How did he get to Pakistan in 1979? How come he has a Connecticut Social Security number from Hawaii?
Ann Romney cost to the American public = 0 ... Michelle Obama = 220,000,000 for one fuking trip to Spain with 300 close friends.
I would be very interested in a real side-by-side unbiased comparison of the history of these two men, day by day, year by year.
I know in 1978:
BHO - smokin dope, Choom wagon, cocaine
RWR - working his tail off
or how about 2011:
BHO - 100 golf games, 50 basket ball games, 4 major vacations, 97 illegal executive orders
Hey, fucktard. Mitt sure had it tough, growing up a Mex citizen and all. I bet he was at the border crossing selling chiclets to pay for his Ivy League education where he learned how to fuck companies to extract value. Don't you realize he doesnt care about anything but getting those pesky Native Americans who killed Jesus. You are the biggest muppet of all.
And in other news, tomorrow SmokeThatHog will rip Obama a new one, proving that he's 'fair and balanced!'
Wow, easy Hoggie, looks like Bear got your goat or something.
Food for thought "the U.S. population is a little over 312 million". Of this population, almost half is on a handout of some sort "around 48.5%".
So roughly they are getting about $3000 per person getting the handout "per year".
Now I am sure there has to be almost half of this money sucked up by administration workers.
I think they need to bring back CCC camps, make some of these people work for what they get. They surely can all be disabled. If this is the case "disabled" then the U.S.A. has a bigger problem of health "then just being obese"
don't worry, governments are arming themselves to kill some off.
SOFEX...trade show for world military to buy shit to kill each other....but mostly their own citizens.
interesting to note:
Big statist "solutions" tend to do more harm than good.
You'd think there'd be savings in putting 156 million people to work on the collective farms, but in fact, it costs a fortune to set the whole thing up.
If you're suggesting such an investment for the "long term" returns, fine, but you'll be living in a totalitarian shithole.
(Mao did this stuff about as well as anyone ever could. How did you like his plan?)
I'm not suggesting, merely pointing out something that was done in the past. It worked "somewhat" during the depression, governments "federal,state,county or other" always need projects done.
We are paying these people to lay around and drink beer "on our dime I might add", give them an opportunity to do something useful. Sometimes these programs actually spin off other jobs or have a trickle down effect in some cases.
Not talking chain gangs "That my friend is for the prison people", and that is a whole nother can O' beans...
Other wise, lets quit paying them altogether, save the money. Will the big government just shoot them when they decide to riot ?
Speaking of Obama - he's currently doing an AMA (ask my anything) on reddit:
Figures he would do it during the 9-5 working hours.
Hux, looks like you and Ann have quite a bit in common then..you both like to suck boys off.
Hux is your mother's name?
This shows how "efficient" the reserve currency can be. LOL.
When you own the printing press, and own the largest military, spending knows no limits.
When you own the printing press, and own the largest military, spending knows no limits.
When you ESTABLISH yourself with a WORLD RESERVE CURRENCY and ENFORCE your currency with the largest military, WEALTH (to some) and DEBT (to many) knows no limits.
The Status Quo is a crap shoot for most because of the above.
+1,000 MDB, you are always good for a genuine belly laugh when I really need one!
Thanks for the entertainment.
capitalism can't exist without competition.
reserve currency in its concept is a monopoly.
NOW ADJUST THE ABOVE TO OUNCES OF GOLD AND GET THE REAL PRICES OF BOTH GOLD AND FIAT.
... well ... if Bernank Benedictus, he can make the biggest american hero out of Jonathan Pollard . Work in progress.
VP Cheney couldn't have said it better MDB...oh, wait...
"...deficits don't matter." - Cheney
to government workers like Cheney deficits never matter. He gains more than he pays out in taxes.
(and my new desktop background)
Epic, thx :-)
LOL...Wrong blog, dude...
Ron Paul and Family Accosted by TSA While Leaving Florida
Ron, Carol, and one of their granddaughters left the GOP snake pit yesterday afternoon, but the State was not yet through with them. At the little airport in Clearwater, 8 TSA agents descended on them and ordered them not to board their private plane. First, the pilots, the airplane, and the passengers would have to be screened in great detail, because Romney might be nearby. After a long examination of the pilots and their credentials, the agents said they had to check the plane for explosives. One of the pilots noted that the plane, full of gas, was already a bomb. Then Carol Paul, who has a heart pacemaker, refused to be screened, and an aide started taking video of the whole rotten proceeding. At that point, the TSA backed down and let them through.
August 29, 2012
August 29, 2012
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