Sunday, October 12, 2008

Cultural, Financial & Poor Semantics Bottom?

One thing good about hitting bottom is that the next vector is assuredly up. Hopefully The U.S. and world financial meltdown will usher in a more sane use of laws, money and words.

A sane use of laws and words would include more regulation of the financial markets. This would offset the criminal provisions of the Commodity Futures Modernization Act Of 2000. The Act allowed the constructive legal-criminal swindle by Wall Street investment banks via the Acts provision that " specifically banned regulation of credit default swaps" and "over-the-counter energy trades and trading on electronic energy commodity markets". The notion that the Act and its verbiage orders no regulation is somehow legal and a worthy piece of regulation is an oxymoron on its face. This Act led largely to the collapse of Wall Street and $147.00 oil . It endangers economies worldwide. Words do matter. Laws do matter. Political correctness and the misnamed Commidity Futures Modernization Act lead to the wrong conclusions.

The financial mess is welcome in some ways. Certainly there will be less or no money for wars of choice. Social problems that perpetuate dependence will have to be cut back and Washington has been exposed as more part of the problem rather than the solution. We need more states rights with taxes and individual behavior being more of a local affair.

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Thursday, June 12, 2008

George The Vulgar

Simple, vulgar George Bush's foreign policy is "Kill, kill, kill" and his domestic policy is "Drill, drill, drill". Those are the two primary missions of our would be emperor and chimp-in-chief. The goals were pointed out by two of the most powerful lobbys in our country---the military- industrial- complex and the fossil fuel industry respectively. And chimpy is the perfect messanger. He doesn't ask questions because he doesn't know what questions to ask. And this trait dovetails perfectly with the requirement to continue policies inspite of their real world failures.

Chimpy just landed in Rome. He will be visting Pope Benedict XVI. The Pope is the heir to the what's left of the Roman Empire. Chimpys Air Force One mentally juxtaposed to Vatican City tells a tale. The Roman Empire is now an enclave and a would-be emporer's transportation is more a sore eyeful like some graffitti on an ancient architectural wonder. Whatever the excesses and problems with the Roman's were -and there were many- the Romans did have a rich culture and style. That's more than can be said about chimpy and the Pope.

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