Oct 26, 2011

Thank God For Matt Taibbi

Taibbi can get pretty far off into the weeds sometimes, but just as often, he comes thru for us with a gem like this:
STUPIDITY INSURANCE. Defenders of the banks like to talk a lot about how we shouldn't feel sorry for people who've been foreclosed upon, because it's they're own fault for borrowing more than they can pay back, buying more house than they can afford, etc. And critics of OWS have assailed protesters for complaining about things like foreclosure by claiming these folks want “something for nothing.”
This is ironic because, as one of the Rolling Stone editors put it last week, “something for nothing is Wall Street’s official policy." In fact, getting bailed out for bad investment decisions has been de rigeur on Wall Street not just since 2008, but for decades.
--snip--
...When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn’t whine about being put on the street.
But when banks bet billions on a firm like AIG that was heavily invested in mortgages, they were making the same bet that Joe Homeowner made, leaving themselves hugely exposed to a sudden drop in home prices. But instead of being asked to "suck it in and cope" when that bet failed, the banks instead went straight to Washington for a bailout -- and got it.
--snip--
Millions of people have been foreclosed upon in the last three years. In most all of those foreclosures, a regional law enforcement office -- typically a sheriff's office -- was awarded fees by the court as part of the foreclosure settlement, settlements which of course were often rubber-stamped by a judge despite mountains of perjurious robosigned evidence.
That means that every single time a bank kicked someone out of his home, a local police department got a cut. Local sheriff's offices also get cuts of almost all credit card judgments, and other bank settlements. If you're wondering how it is that so many regional police departments have the money for fancy new vehicles and SWAT teams and other accoutrements, this is one of your answers.

The Modern Republican Fantasy

Oct 25, 2011

What Would Jesus Do?

He'd find a stick or a whip or something, and he'd knock the crap out of a few bankers - that's what he'd do.

How To Speak Republican

(hat tip: John Gorman)
  • America (United States of): A country located in the Northern/Western Hemisphere that is #1.
  • Bible: A sacred text that provides incontestable answers when thumped.
  • Birth Certificate: An official birth record required of all US Presidents, regardless of race, since 2008.
  • Capitalism: A system of economic organization that has never been attempted.
  • Christmas: A holiday commemorating the birth of Jesus Christ, now rarely celebrated due to persecution by atheists.
  • Compromise: (uncommon) A form of political suicide.
  • Coast (East): A very bad coast of the continental United States.
  • Coast (West): Another really inexcusable coast.
  • Communism: The belief that the government should ever do anything.
  • Condescending: Accurately informed.
  • Constitution (U.S.): The hallowed founding document of the United States, the text of which must be interpreted literally, adhered to strictly and amended immediately.
  • Corporations: Large people who are overtaxed.
  • Deficits (1): Fiscal shortfalls incurred by Democrats that will bankrupt the country.
  • Deficits (2): Fiscal shortfalls incurred by Republicans that don't matter.
  • Democrat: A political party.
  • Election: A method of selecting representatives, the fraudulence of which may be determined by the outcome.
  • Elitist: Qualified.
  • Endangered Species: Animals that have it coming.
  • Evolution: A theory of human origins that is out there.
  • Extremist (Liberal): Espousing or adhering to political beliefs that are held by only a majority of Americans.
  • Fact: Information that has been verifiably posted to a RedState comments section.
  • Forest (National): Trees that have it coming.
  • Gut: Region of the body from which decisions should be made.
  • Homosexuality: A membership-only lifestyle organization that perpetuates itself through youth recruitment.
  • Hitler: A man to whom it would be inappropriate to compare President Obama in spite of the many uncanny similarities.
  • Jesus: Charismatic religious leader and son of God; born in Bethlehem in the year zero; beliefs include love, charity, enhanced interrogation, privatized healthcare, elimination of the estate tax, and the right to carry concealed semiautomatic weapons.
  • League (Ivy): an association of eight Eastern universities and colleges, the lack of a fancy education from which qualifies a candidate for political office.
  • Liberal: A person who should be rounded up and shot but not really.
  • Marxism: A political and economic philosophy developed by Karl Marx and promulgated by Paul Krugman.
  • Media (Mainstream): Where you won't hear things.
  • Medicare: A fraudulent, socialistic boondoggle that is sacrosanct.
  • Mexicans: Brown people who have it coming.
  • Mountaintops: Ancient rock formations that have it coming.
  • Muslims: More brown people who have it coming.
  • News: Fox News
  • Obamacare: A Federally-mandated policy to address the national oversupply of grandparents through euthanasia.
  • Organic: Eaten by lesbians.
  • Party (Tea): A grass-roots movement of patriotic Americans fighting for the principle of "No Taxation With Representation."
  • Poll: A survey used to determine (within a margin of error) how few Americans are right.
  • Poverty: The condition of having inadequate financial or material resources due to not trying hard enough.
  • Propaganda: The politically motivated dissemination of biased information, opinion, or data through its publication in the New York Times.
  • Punishment (Capital): The legally authorized killing by the State of someone who is definitely guilty.
  • Racism: A form of discrimination that typically happens in reverse.
  • Regulation: Rules issued by a government agency for no reason.
  • Ronald Reagan: A fictional character based loosely on President Ronald Reagan.
  • Scientist: A person who employs a rigorous system of observation, experiment, measurement, and verification to perpetuate his Godless left-wing agenda.
  • Social Security: A redistributionist Ponzi scheme that is sacrosanct.
  • Socialism: An economic system invented by FDR.
  • Taxes: Levies imposed by the government that raise more revenue the lower they are.
  • Torture: A method of interrogation that does not rise to the level of torture.
  • Terrorist: A person to whom a certain someone threatening to destroy the U.S. economy unless his demands are met should not be compared.
  • Unbiased: Giving equal weight to both sides of the looking glass.
  • Wealthy (the): People who earned every penny.
  • Up: A direction which, depending on circumstances, is down.
  • Warming (Global): An anomalous, anthropogenic increase in the earth's atmospheric and oceanic temperatures that isn't happening.
  • Welfare: A government program to distribute Cadillacs to unwed mothers.
  • Yes: (no translation available)

Stupid Dog

Oct 24, 2011

Playing For Change

Operation Fox Hunt - Anonymous

Not sure I like this, but it could be both fun to watch, and hard not to join in.

Corporatizing The NYPD

One puzzle has at least been solved. Wall Street’s criminals have not been indicted or sent to jail because they have effectively become the police.
Wall Street Firms Spy on Protestors in Tax-Funded Center (truthout.org)


OWS

Zappa Sez

The Costs Of War

And another generation of Americans is forever changed.

When do we finally get it thru our heads that nobody wins a war? Whoever convinces themselves that they lost the least gets to declare themselves the victors; and then go about preparing for the next go 'round.