Before we attend to the poor political judgment of such an extravagant affair during times of economic distress, let us wonder aloud where a poor boy who became governor of Arkansas and president of the United States got such a fortune that he can blow $3,000,000 on a wedding. The American people did not take up a collection to reward him for his service to them. Where did the money come from? Who was he really serving during his eight years in office?...While Chelsea’s wedding guests eat a $11,000 wedding cake and admire $250,000 floral displays, Lisa Roberts in Ohio is struggling to raise contributions for her food pantry in order to feed 3,000 local people, whose financial independence was destroyed by investment bankers, job offshoring, and unaffordable wars. The Americans dependent on Lisa Roberts’ food pantry are living out of vans and cars. Those with a house roof still over their heads are packed in as many as 14 per household according to the Chillicothe Gazette in Ohio.Think about that while you read PCR's commentary: LINK
Tuesday, August 3, 2010
The Last Days Of America?
It is now estimated that the Clinton wedding - a complete cultural and social abortion, a new high-water mark of American hideousness - cost a total of $5 million, of which $2 million was covered by the U.S. Taxpayer for security. Paul Craig Roberts has a must-read commentary, the stark truth of which I dare anyone to refute. Here's some excerpts:
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Its all payback to the Clintons for:
ReplyDelete1. Managing the drug cartel in Arkansas while Bill was governor
2. Passing NAFTA/GATT and selling the US out to the WTO.
This is what I like: Clinton goes from barely having a pot to piss in as Gov to Arkansas to being worth at least $200 million within 8 years of leaving the White House. The dude NEVER did ANYTHING business-related in his life except maybe pull weeds for cotton farmers as a boy.
ReplyDeleteFOIA showed a $50 million payday in the five years following the presidency.
ReplyDeleteThomas
I think what they are saying is let them eat cake.
ReplyDeleteJoe M.
She married a nice investment banker from a good family.
ReplyDeleteYou should go find yourself a nice girl and get married too.
Thomas, FOFOA is light by $150 million. He probably was paid $50 million for Ron Burkle alone for setting Burkle up with male White House assistants.
ReplyDeleteLOL Jesse:
ReplyDelete"Marriage is the triumph of imagination over intelligence. Second marriage is the triumph of hope over experience."
Oscar Wilde
Well, I guess if Michelle Obama is can be one of the most attractive and elegant women on the planet, then these two in-breeds can be called a storybook couple. Can't wait to see the offspring...yikes!
ReplyDeleteROFLMAO
ReplyDeleteC'mon, don't hate the playa, hate the game.
ReplyDeleteWho's got next?
Dave can you post something relevant to gold or investing. First of all who cares how much they spent on the wedding. In America your allowed to enjoy the money you have earned anyway you please. That's one thing that makes this country great. Also your call on BP looks retarded. BP going bankrupt....not even close. Like I said a few months ago. BP will be fine and all this will be a distant memory soon enough. Stick with what you know cause when you start talking about other things you sound like a fool.
ReplyDeleteLOL. I posted something very relevant about gold yesterday. Today is about TRUTH.
ReplyDeleteRe: my BP call - sit tight. ONe thing i've learned over my 3 decades of doing the stock/bond/metals market is that there is a beginng, middle and end to everything.
BP looks great because the Jack-Off in the White House put a major clampdown on news that is released. Completely Owellian. How about the amount of dispersant that is being used? You think there wont be consequences to that?
I've been told that Matt Simmons had a muzzle put on him.
THis is just starting dude.
You remind of the dollar bull who completely tooled on my bearish dollar call at 84. He stomped on me all the way up to 88. I added at 88. He has been silent since the dollar crashed below 86. Who looks like the tool now?
one more point, BP/Anonymous:
ReplyDelete"Men who can both be right and sit tight are uncommon."
Jesse Livermore
http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=12482
ReplyDeletehttp://theeconomiccollapseblog.com/archives/22-statistics-about-americas-coming-pension-crisis-that-will-make-you-lose-sleep-at-night
ReplyDeleteThink about this: The Clinton's spent $5 million (or whatever the amount is) on a wedding. This paid for caterers, musicians, cleaning people, and a long list of others. All $5 million went to pay salaries of people who needed the work. If the government had spent the same $5 million most of it would have been siphoned off by crooked politicians and bribes to union bosses. We are all better off if the people get to keep their money and spend it as they see fit. If the government gets it they will piss it away.
ReplyDeleteSofaKing think that the point here is that taxpayers paid 2 million dollars for a private wedding. That is theft of taxpayer money, especially when all we have up here in the Rotten Apple lately is selective service cuts and tax increases. Case in point, two new libraries are being built in my borough while library services and hours are being cut!!! Furthermore, the library has been basically converted to a free internet cafe and movie rental shop. If you want to read a new book you need to plant your ass down on the floor of a local Barnes and Noble. I digress but the point is that money is being squandered, taxpayers are being punished and as a society we are producing nothing. Sure the construction company gets an outrageous sum for the construction but it's still from within the loop. The spiral is closing in on itself quickly. If we were to chart the economy on a Nyquist Plot, the system would be going unstable.
ReplyDeleteNow a Gold comment for the annoyed anonymous poster. Just spoke to a friend in Greece who is now a millionaire thanks to Gold. He moved there with about $250,000 US back in '99; his Grandfather convinced him to exchange it to Gold rather that Drachmas. Through the currency change and the ups and downs he is now sitting on a sizable sum and living comfortably while most of the population has hit poverty levels. That my friend is the value of Gold.
Dave, got a ticket yesterday for License Plate Obstruction (The Black Plastic Frame with the Dealers Phone number on it, obstructing nothing as far as I can tell) and all I can think is a statement from Dr. Floyd Ferris from Atlas Shrugged,
"There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted — and you create a nation of law-breakers — and then you cash in on guilt."
Dave,
ReplyDeleteLooks like Paul Craig Roberts had the same impression I had.
Joe M.
http://www.counterpunch.org/roberts07302010.html
Dave, what happenned to my comment about the Clinton wedding that had the link to the CIA monitoring the Web and blogs?
ReplyDeleteI thought it was a great post, tongue in cheek of course.
Rothbard, I always post your comments. Not sure what happened to the to which you are referring. Sometimes this google software mangles the comments.
ReplyDeleteIf you still have that link, please re-submit it and we'll try again!