Tuesday, September 30, 2008

Then Again

Perhaps not! God Bless the House!

"I will not stand by and watch this great country destroy itself under mediocre leadership that drifts from one crisis to the next, eroding our national will and purpose." Reagan, July 17 1980

Stick it to them, guys!

Sunday, September 28, 2008

Spitting Mad

I am very angry we're going to bail out failed banks rather than take a restorative recession.

This isn't socialism. Socialism is taking over industry. Making industry government's partner is fascism. It's what Italy and Germany did. It's what Putin does in Russia. It's the route we're going.

There's enough capital worldwide to resume liquidity in the US market regardless of what Federal Reserve members do. It's a phony threat. In six months Dubai and South Africa and Asia could form a new commercial bank with no ties to the mortgage crisis. Faster, if government helped cut the red tape. We don't owe failed banks a place at the table.

If these banks are too big to fail, NOW, and we get equity in them, then what? Are we gonna lose the money?

This is not the crisis of the century. This "Hock your shirt for a pig in a poke you sell to a sucker" ponzi-blowout has happened three times in 21 years. It will happen again, and we're going to say up front that Uncle Sucker is responsible to cure it. Because our equity partners are too big to fail and too vital to restructure.

We're going to destroy the dollar. I no longer have to worry about Social Security collapsing, because I don't think the government that issued it is going to survive. It is a whole lot easier to repudiate a Constitution and the debts of its regime than sustain decades of stagflation. Check the record. Look at France, look at Germany.

Forty years. I give the Constitution of 1797 forty years, on the outside.

God in Heaven, this is STUPID.

Wednesday, September 10, 2008

Busy At Nothing

Still looking for a paralegal job. While I miss the income, the idea of seriously hunting while trying to sleep all day would have been futile.

As a California resident, my vote for McCain would be a meaningless gesture, and I'm still inclined not to make it. But with a real conservative on the ticket, I'm more optimistic about the future than I was at any time in this campaign season. When did that start, 2005?