The Golden Truth: No Country For Old Men...

Saturday, November 21, 2009

No Country For Old Men...

"People were always getting ready for tomorrow. I didn't believe in that. Tomorrow wasn't getting ready for them. It didn't even know they were there" ("The Road" by Cormac McCarthy).

This country needs to take care of its problems today. It is getting worse by the hour. In Colorado, public school teachers are going to face up to 17 days of furloughs next year. The State was trying to keep this a secret but an incompetent high school prinicipal let the cat out of the bag and concommitantly the fact was confirmed on NPR radio last week. The Jefferson County school district is facing a $42 million budget shortfall and deep cuts will be made to the educational protocol, but not to the incompetent bureaucracy that oversees the mess - nor to the incompetent politicians overseeing the incompetent administrators. Foreclosure filings in Colorado hit a new record during the 3rd quarter and Colorado has one of the stronger State economies. Nationwide over 14% of all mortgages were either delinquent or in foreclosure. A new record high for the 9th consecutive quarter. In some States the foreclosure/delinquency rate is over 20%.

Conditions in this country are getting worse for everyone except those in position to loot the system. Tim Geithner gets in front of Congress and ignorantly and arrogantly proclaims that he and Obama saved the system from collapse and that economic conditions are improving. THAT is an outright lie. Real unemployment (not the Government-concocted crap numbers) increases daily, banks are jacking credit card rates to usurious levels and thereby choking off holiday shopping and State Governments are in the process of financially collapsing - all this after trillions of "stimulus" and bank bailout money was injected into the system. The reality is that Geithner and Obama have transferred 100's of billions of dollars from the Taxpayers to the big banks and big corporations. Does everyone realize that there's a tax break which gives new homebuilders billions in tax credits buried in the Bill that extended unemployment benefits and homebuyer tax credits?

Taking care of today means getting rid of Geithner, Bernanke, Summers and most of the rest of Obama's corrupt Administration. Until that happens, the problems are getting worse by the hour for everyone except the big bankers, who are getting paid record bonuses this year to do "God's work." The only problem is that the money being used to pay those bonuses is coming from the Taxpayers. If Goldman Sachs CEO Lloyd Blankfein is doing "God's work," as he so proudly proclaimed last week, what is it exactly that Obama is doing? Should we be pledging allegiance to the United States of Goldman Sachs, one Nation under Llyod Blankfein? Is this what everyone who voted for Obama voted for? Obama ran on a campaign platform that was supposed to clean this mess up, get rid of the corruption, and CHANGE the way DC operates. Instead, he's taken the problems perpetuated by many previous Administrations and is making them even worse. Maybe this is No Country For The Middle Class...

12 comments:

EconomicDisconnectSaturday, 21 November, 2009
I second everything Dave wrote. Great writing!
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Dave in DenverSaturday, 21 November, 2009
Yo gyc. Thanks! I may not get any sleep tonight ahead of Broncos/Chargers. Looks like we have to live w/Simms at QB...Pats seem to have trouble w/the Jets, but they should win.
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JesseSaturday, 21 November, 2009
There will be blood.
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AnonymousSaturday, 21 November, 2009
Yeah, but who do you replace them with? Surely not the likes of McPain (mr. amnesty), or McPalin (ms headspace), or Romel from Mass (mr. state run heathcare socialist), or Huckelberry (mr. church and state), oh wait aren't these all Republicans?? Yeah, but Republicans In Name Only (RINO). What we need are a new batch of fresh, freedom-loving conservatives...the likes of Ron Paul and Judge Napalatano (not Janet that witch!) Before we kick out the latest batch of crooks, not figure out who we want to replace them. And PLEASE this time let's not let the NEO-con crooks like Bush replace them. We'd be even WORSE OFF then.
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EconomicDisconnectSaturday, 21 November, 2009
If McDaniels can effectively make a short controlled passing game plan (like he used for Matt Cassel last year) then I think the Broncos can blunt the Chargers rejuvenated defense and bleed time off the clock as well. I think the Chargers will try and put a knockout punch on early, so if Denver gets out of the 1st quarter down 3 or 7 I think they have a good chance. No Orton certainly hurts a ton.

I am hoping the Jets leave Revis on Moss one on one (they said they will) as this Pats offense is nothing like the week 2 version the Jets saw a while ago.
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AnonymousSaturday, 21 November, 2009
You want public education furloughs, come to Hawaii. We are the pioneers in this department. Every child left behind!
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AnonymousSaturday, 21 November, 2009
Denver Dave-- the only chance the Broncos have is if Helicopter Ben and Geithner drop a boatload of dollar bills and bullshit on Phillip Rivers' head.
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HalSaturday, 21 November, 2009
so much for change we can believe in and transparency.

Please do not forget the saturday nite in your face trash talk votes by congress to pass 2000 page undeciferable legislation (or at least move down the road) introduced 3 days earlier that was passed in senate for discussion with the 60 votes made possible by buying the Louisiana vote.

Wonder how the states will fare financially with the new health care pushdown in cost. Or how much more broke can you get?

not to worry--the system will not last the three years til afte rhte next presidential election when healthcare Obama and Rahm style is started up.

we better stay awake through this--it's gonna be a doozie.
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Dave in DenverSunday, 22 November, 2009
@Rodd, gyc: I love the NY Post. Sports cover headline in reference to Pats/Jets match-up: SPY vs. CRY...ROFLMAO...

As for Broncos, I am approaching this game with no expectations. In order to win, Denver's defense needs to play up to their full potential and McD is going to have to pull some rabbits out of his hat w/regard to scheming with Simms at QB. I think the game is winnable, but I'm not expecting that as the outcome. I thought long and hard about scalping a ticket to the game because Mile High will as loud as it's been all year. At least as long as the game is close.
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Miller MackenzieSunday, 22 November, 2009
Nice blogorant Kranny.
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EconomicDisconnectSunday, 22 November, 2009
Dave,
rough day in football, man I hate San Diego!
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Dave in DenverSunday, 22 November, 2009
@gyc. Chris Simms is a complete waste of a roster spot. A lot things went right for Denver on its 6-0 start. A lot things going wrong for them right now. Net-net, Chargers have a slightly tougher remaining schedule. Denver needs to get it's shit together now if it wants to make the playoffs.

Helps a bit to watch Cutler play like crap.
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.