"There are no dead atheists." - Taylor from Vox' blog
Friday, November 26, 2010
Good Stuff!
I find it immensely amusing that PC thing to say is "Power to the people!" when in the EU, the people are ignored and refuted at nearly every turn.
It makes me sad that these arrogant bastards are going to wreck the world economy. But I hope it happens sooner rather than later and that the people of the world lay the blame exactly where it belongs:
On central planning of every kind and fiat currencies. If you don't know what those are, educate yourself over at www.lewrockwell.com and www.mises.org.
Too funny: "I think those bank owners deserve a hefty bonus this year."
And even the gamers drink the virtual Kool-Aid.
"Heck, even in the real world we've established stuff like the FDIC so we don't encounter these very problems in the real economy." Or is it the real Kool-Aid? I'm so confused.
Looking at my tags for this, I'm shaking my head. I'd've'nt thunk those two would go together. But they do.
Dude... John Stewart prison raped this dude. It's almost painful to watch.
But Stewart is being completely naive himself. Why in the world should anyone take MSNBC or Mad Money at face value? Skepticism is called for at all levels. Comedy Central answers to folks too. Maybe they're shorting MSNBC stock and making dough off of this performance. Who knows?
Short selling isn't evil. Even leveraging isn't evil. The evil is using the government to make these gamblers whole when they guess wrong.
It's as if the Duke & Duke brothers in the Eddie Murphy movie "Trading Places" could just walk over to a Congressman and say "Hey! We fucked up! Cut us a check please." And they walked away with a check. That's the meltdown writ large.
And I don't watch The Daily Show, but how often does Stewart call out fractional reserve banking, the FDIC (and other "insurances") or the Federal Reserve?
Wall Street didn't do this by themselves. The simple fact is that they COULD NOT do it by themselves. Wall Street cannot destroy the dollar without the Fed's involvement. They can destroy the stocks, but not the dollar itself.
And yes, John: toxic mortgages indeed had a very large part in all this financial meltdown too.
And anyone investing expecting their stock funds, 401K's or whatever to always go up is just stupid. And greedy. Stewart did get it right to say hard work gets you ahead. The real bitch of it is that working hard, living within your means and paying your bills right now is likely to have you watching your irresponsible neighbors get Free Obama Cash to help with their mortgage while you have to struggle and watch any savings you have get wiped out by inflation.
No one but the Austrians seem to have called this meltdown in advance. But the Keynesians sure spout plenty of stupid bullshit about how to fix it. How wise is that approach?
"Truth Is Treason In The Empire Of Lies." - Ron Paul
Hitler was a community organizer, too." - Erik Rush
"Those are my principles. If you don't like them I have others." - Groucho Marx.
"So? Who's in a hurry?" - Robert Benchley, when told that drinking and smoking are "slow poison."
"Mao periculosam libertatem quam quietam servitutem." Latin, for "Rather a dangerous liberty than a peaceful servitude".
"Whenever one considers the general "consensus" on anything, always keep in mind that most people are unthinking, maleducated idiots." - Vox Day
"Asking why the Clintons lie is like asking why a dog licks his balls." - Doug Powers
"A liberal is always ready to kill you for your own good." - JACIII
"When I am named Dictator, every vegetarian will be fed to the pigs." - Vox Day
"All the perplexities, confusion and distress in America arise, not from the defects in the Constitution or confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation."
- John Quincy Adams, 1829
"As Ted Kennedy said to Mary Jo, we'll cross that bridge when we get to it." - Tom Alciere
"Those who want slavery should have the grace to name it by its proper name." - Ayn Rand, Anthem
"The older I get the more I admire and crave competence, just simple competence, in any field from adultery to zoology." - H. L. Mencken
"Have you ever noticed how fish have scales and you can play scales on a guitar?" - Alex Lifeson
