In Memory of Carol Ann

Dedicated to Erin Elizabeth and Deanna Carol


Any society that would give up a little liberty for a little security deserves neither and will lose both.

Benjamin Franklin.













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Thursday, June 30, 2011

June Wrap





Last day of the month and time to reflect if anything good occurred. My intentions all month was to comment on the pending Dream Act. My thoughts on this subject have been against allowing citizenship to those that entered our Country illegally. This law applies to those who completed High School free of charge and served in the Military. Illegals serving in the Military? Really! Which flag do they carry? I'm against rewarding criminals and bailouts to 2big2fail Casino Bankers.

Alabama recently passed legislation that deny those unable to prove citizenship entry into our schools. This action effectively denies entry into the Military and solves the entire issue. What the fed has refused to do the States have attempted to control. The Fed is clearly on the side of illegals who break down fences as quickly as they ignore the laws. The States budget are all upside down as a result of free ranging criminal invaders not contributing to State coffers. The USDA provides for migrant workers to enter our Country but, only if America is at or near full employment.

My personal experience is in Construction. In 2007 Broward County Schools demanded all workers on school property submit to FBI screening. The daily head count dropped from 34 to three resulting in a sudden hunt for law abiding workers. Legal workers hired are paid more, validating "It's all about the money" Without illegals the practice of tearing down our security fences stopped completely. Illegals wishing to work their own hours just took the fence down. The Police threatened to arrest me if early starts continued. I thought this particularly funny because I was one of three who were legal. I asked the Cop if he knew all those guys working were illegal as well as starting work early. He said immigration was not his job whereas arresting me was. From that point on every time the fence came down I called the Police!!

In 2008 I worked for a man from Key West who was under contract to build a Gymnasium in Islamorada Fl. My challenge was daunting to control the worker's. At first I believed that only one spoke English. Turns out most spoke English they simply chose to funnel all communications through their interpreter. Theses people are very good at dumbing up . Close to Miami I believed these employees to all be legal. I would later find they were all illegal. The interpreter spoke excellent English and graduated High School in Dade County. As the job continued I had the opportunity to hire new workers. The information provided was a joke of poorly photo copied white out documents.

All legal workers who applied with original documents were denied hire. The reason of coarse is mixing Citizen with illegals exposes language barriers and harmony among the illegal workforce. The employees were sending money to their homes in Mexico and Central America. I was a supervisor to Banana Republic Construction. Most worker earned $16.00 per hour Some were paid $22.00 per hour if they could finish concrete. All were employed indirectly through a labor pool company that took care of writing checks, checking papers and payroll deduction. This clears the Contractor from any wrong doings in Court. The dummy Company pays the illegal and The Contractor pays the Dummy Employer. The scam was revealed to me when injured workers were taken to the clinic for Worker's Comp medical care. The insurance quickly advised that both were illegal. Both received care and both were fired. The medical system was able to quickly determine their information was fraudulent. Workers Comp was diligent and thorough the Dummy employer didn't try.

This is not a complex problem and we controlled it well for 200 years. We are in decline as a nation as a result of Covert Immigration. The Pharaohs of Wall Street benefit from illegals workers as Main Street pays the bills.

The 2big2fail Banks were in the news again JP Morgan Chase settled for 153 million and Bank of America agreed to a 14 billion dollar settlement. Both were to reimburse investors buying mortgage securities. So far consumers who were tossed into the street have gotten zilch. Goldman Sachs paid 550 million last year for similar charges. The settlements represent a slap on the wrist when compared to the money extorted.

Charlie Sheen announced he took steroids when filming a movie about Major League Baseball. His two goddesses have packed up and left for greener pastures.


Glen Beck aired his last show on FOX this month. Becks show was a mixture of Jimmy Swaggert and Buffalo Bob had seen ratings fall and advertisers leave. In true Beck logic he signed off claiming his show had become a movement and to big for TV.....

The debt ceiling in the news again, it appears the US Treasury has hit the magic number of $14.3 Trillion Dollars. Effectively we are broke and Trillions in debt. If the Debt ceiling is not increased America will be in default unable to pay it's creditors. I could care less if they pay or not. The fish still swim and the corn keeps growing.

NATO continued threats in Libya to topple Gadaffy. 31 Goat herders killed in June Predator Drone Strikes One being the leader Kashmiri Top Goat.

Monday, June 27, 2011

Today's Thought

Money made of paper is lost on paper. Money of Gold will last when your old.

Burma Shave

Saturday, June 25, 2011

Postcards from the Middle Class



Does anyone remember the company car? That's right boys and girls not so long ago if you had to travel in your job the company provided the car, insurance, fuel and did all repairs. Some were from the motor pool but, most were driven home and parked in your driveway at night.
You could spot these cars easily. They were usually white, black wall tires, dog dish wheel covers and either lettering or numbered painted on the fender.

If you had a job with a company car you weren't likely to quit. Along with health insurance it was a perk that came with the job. Today employer's expect you to provide the car, pay insurance tribute and responsible for all repairs. Some will pay mileage most demand you provide them with a car as tribute for the work they offer. Co Pay for health insurance where your portion pays for the health care and their portion pays for the undeserved obscene administration cost. This system is producing CEO pays of more than $14 million a year salary compensation. Health care is a bottomless pit of bureaucratic nonsense and has nothing in common with illness. Health Care is the playground of rich Doctors, Attorney's and Insurance Moguls. If you work you pay for health insurance called Worker's Comp. You drive a car and mandatory state laws require medical insurance in the car and if you have a home medical insurance is paid again. What has geography have in common with illness or injury? Answer is nothin. Alla Carte insurance based upon geography of where the claim occurred is without question the dumbest thing I've ever encountered. On top of as little pay as possible of coarse for your efforts.

President Richard Nixon got in a lot of trouble saying 6% unemployment was desirable as it kept wages low and allowed for a large pool of people to draw from should they find you insubordinate. Insubordination has always been a problem for me.

Allan Greenspan former head of the Federal Reserve was quoted in 1999 that an increase in the prime rate was necessary as wages were increasing in 2% unemployment under Bubba Clinton. Rising wages are considered inflationary but an increase in the DOW Jones is celebrated. Clearly it's become "We The Corporation" and you other guys too as our leadership pulls us closer and closer to a fascist Oligopoly Democracy. So "We the People" have been told, we just continue waving the flag in denial. We have the largest economy on earth but, we're on a race to the bottom in Global Sweat Shop competition and ghost illegal immigration.

Remember when all we worried about was the Blue Dress and fiddle player Ken Star. Ahhh the good ole days of Lyin Bubba Clinton. He had everyone working and all trains were on time...
Proud to say I voted for Bill twice. Voted for Nixon and Reagan twice both regrettable. Voted against the Bush's 41 and 43. The Bush boys produced raids on the US Treasury with Silverado Savings and Loan Fiasco and The 2008 Financial Holocaust 2big2fail. Both caused by deregulation that was reported to be a unacceptable headlock on Banking.

Modern day economics were promised to control the Banks. Turns out the new controls are 2big2fail and taxpayers pay the bills. Lowering the interest rate , increasing the money supply in a trillion dollar bailouts and 600 billion Bond Buys couldn't overcome the greed of the Casino Bankers. This philosophy has led us to obscene unemployment, worst poverty rate in history and the highest concentration of wealth in the top 1% since they signed the Magna Carta.

The IRS deems your auto in 2011 should be worth .51 cents a mile. It was .55 cents but the IRS thought this to high for your car. How did the government become involved in your business with your employer is found in the Tax Code. Before 1913 we didn't have Income Taxes. The government has been up your ass and in your business since 1913.

AAA study came up with much different figures per mile at 58.5 cents per mile for a sedan.
The IRS groups all passengers vehicles and light trucks into the same pool at .51 cents per mile. A pickup truck is no doubt double the cost of a sedan. We the People are driving ourselves broke by at least 7.5 cents per mile. The more you work the more ya lose.

Most advertisements for construction demand cell phone truck and power tools to work. If you take this deal you are nutz. You are much better off contracting on your own. A service call with truck and tools to your home is $75.00 per hour with one hour travel. This is not .51 cents per mile either. Safe to say somebody's making money and it's not you. Should you chose self employment be prepared to buy permits license and more insurance. In addition you will report to the government half the day explaining what you did the first half the day in triplicate. They don't know what their doing because their either asleep or down loading porn!

Employer's also expect you to provide a cell phone so you are accessible 24/7. If they provide a cell phone you can bet it has GPS tracking ability that invades your privacy after hours. My last employer would not allow workers to leave for lunch. You either brown bagged it or order in food. You didn't get paid for the hour and he refused to allow you to work straight eight and skip lunch. Needless to say he goes through a lot of employees. Expect to get a bad recommendation when you quit as this is considered insubordination. The employer network requires a list of employers for you to reveal on your application for hire. They will not provide you a list of employees fired or quit in their history.


Working for a living has become a host of parasites pandering insurance, environmental issues and safety equipment along with government employees who feed from your labor assigned to police permits, licenses, con-ed, equal opportunity and safety mandates. Don't forget those who insure you don't start work to early or work to late. It's a wonder anyone has a job today!!!

Friday, June 24, 2011

Gas Prices. Let's $ay

Lets just say gasoline is $3.60 cents a gallon. I worked in a gas station for several years while attending High School. Gasoline was .28 to .30 cents a gallon with windows washed, oil checked and tires inflated. You might be eligible for free glasses, steak knives and fine China for your patronage. Green SH Trading Stamps were always given as rewards.


A barrel or 42 gallons of crude in 1970 sold at $3.40 . Or the 1970 cost of a barrell of crude was 10 times the price of a gallon A entire barrell of crude was a little less than a gallon of our finest import petrol pump price of $3,60 cents 2011.


Adjusted for inflation the 1970 bbl would be $19.65 cents bbl today. The crude price today is 5 times this amount at $100.00 bbl.


Using the ten times amount a gallon of gasoline would be $3.60 x 10 OR $36.00 a barell all things equal. See if you can get these numbers to work.


Today you pump your own gas then wait in line twice to pay. The 30 cents a gallon figure will divide equally into $3.60 cents 12 times. A car in the sixties would get 15 miles per gallon, lets say.
12X15 equals 180 miles per gallon to stay even with gasoline prices of the Sixties.

Question: Does you car get 180 miles per gallon?
Burma Shave...

Hackers, Slackers and Bankers




Hackers:

These guys were born with neither mother nor father. They exist in the wealth of legislative legacy of governments golden calf. They are the insurance extortionist of Auto, Home, Health Insurers. They bask under the protection of Congressional Laws that require it's citizens to pay tribute to their company. Flood insurance for homes that flood every year. Mandatory Auto insurance that guarantees a law suit. Obamacare, Medicare and Medicaid where the benefits are dwarfed by the bureaucrats that feed from their administration.

Media and Utility Carpetbaggers like Enron, Worldcom, Comcast Time Warner, AOL all are posted in the MSN Hall Of Shame 2011. The Oligarchy Facist System removes your ability to control your own money.

Energy Titans such as BP, Exxon and Chevron that thrive in wealth of Congressional Subsidy.

Slackers:
Slackers are truly an American phenomenon. They feed from the public trust pilfering money on the government dole. Long believed to be the poor and downtrodden out of luck looking for help. Not true today. Today's slackers are those who buy sell and trade in the misfortune of others. Pandering wheelchairs, scooters, bathtubs and life sustaining drugs. These swindlers will file the paperwork with the hackers and guarantee you will get your merchandise or they will give it to you no charge. Even the Bankster take a cut on unemployment and food stamps. The nickels and dimes of the poor who qualify for these programs is nothing compared to the trillions of dollars the cronies skim off the top of welfare. More than enough to pay for extravagant prime time television advertising on the public air waves.

Bankers:

When President Bubba Clinton signed 1999 legislation that repealed the 1934 Glass Steagall Act he reopened the Casino to the Banksters that had been closed for 65 years. It only took 7 years for the Pharaoh's of Wall Street to return America back to the Dirty Thirties. This time Bush 43 chose to protect these thieves under the first law of fascism 2big2fail. After they were saved from bankruptcy liquidation they took free money from the US Treasury and gave themselves 30 billion in bonus booty. No court, no jail.

As the rest of America sits in Depression they are plotting the next raid on the US Treasury. With the full protection of Dodd-Frank and 2big2fail leverage you must be stupid if you think they won't do it again.

My guess is the Banksters will lead an assault on Commercial Real Estate. In the 1980's Reagan deregulated a plethora of industries including bank, thrifts, phones, airlines , trucking and stock market brokerage to name a few. The fallout from this free thinking was The Silverado Savings Fiasco of Bush 41. Loans were granted to build Office towers all across America and they knew the their was no market and the loans would not be repaid. Just like homes under Bush 43 the taxpayer was tagged for the theft thrift.

Flood the market with easy money from Big Ben's Magic Money Machine and over inflate the market until the bubble bursts. The Banksters did this in the seventies with farms. Loaning out easy money forcing land values to climb. Farmer's borrowed heavily leveraging their wealth on paper. Land values eventually fell and the notes were called causing a bear market and cheap land for the Banksters. Even Farm Aid couldn't help the family farm. None of this could be accomplished without the Federal Reserve.

The practice can be applied to any commodity. The best are those that have access to lots of Capital. Stocks, Farms, Gold, Silver and Homes are just a few. I think Commercial Real Estate will be next.

Thursday, June 23, 2011

D.B. Cooper rides again.

Not since D.B. Cooper jumped from Northwest Orient 727 in 1971 have we seen a crime of such creativity. James Verone walked into a North Carolina Bank, slid a note to the teller and demanded $1.00 and medical care. He then informed the teller he would wait in the lobby for police to arrive.

D.B. Cooper's take was $200,000 dollars. Mr Verones take will be in the millions of dollars. Three years in Federal Prison $300,000. Court appointed attorney $100,000. Back Surgery $500,000. Remove tumor from chest $500,000

Then he can sue the the Doctors for Malpractice once he gets his foot in the door.
Is this a great Country or what!!!

Burma Shave...

House Wins Again

JP Morgan Chase settled a civil action for lying to investors buying mortgage securities. Seems the Bank who wrote bad loans to people who couldn't possibly repay bundled the toxic assets and sold them as sound safe securities for investors. Retirement accounts were some of those who were blindly led to slaughter.


The 153 million dollar settlement will return some of the money taken fraudulently. The TARP bailout to AIG that insured these same mortgages is as sound as the worthless mortgages themselves.


The Banksters wrote lousy mortgages to people who couldn't pay. Then insured them with AIG who also couldn't pay then sold the snake oil to investors as AAA rated securities making money hand over fist. The very same scam as Bush 41 Silverado Savings $160 billion dollar Thrift scandel of the 1980's.


Then Moneybags Bush43 rushes in with TARP money. Invents the first law of 2big2fail. Hands out bailout money to AIG. AIG pays the fraudulent insurance on the fraudulent loans written and "We The People" get the bill for our grandchildren to pay with Houdini Dollars printed at the Federal Reserve.


The Federal Reserve is where the Confetti Standard begins. With Zero percent loans to 2big2fail Casino Bankers buys interest paid Treasury Bills creating money from thin air. The Houdini Dollars are then invested in the Falsely Stimulated Stock Markets that give the appearence that all is well.



Last Year Goldman Sach paid 550 million for similar charges. The settlements are kept to a minimum as both Casino Banks are 2big2fail, 2big2loan and 2big2foreclose meaning they are useless in America.


The more Houdini Dollars you pour in the market the bigger the bubble is gonna get. When she blows the next time, I hope ya got a big garden cause your Houdini Dollar will be worthless as the institution who printed same.


Keep yur powder dry fellas.

Tuesday, June 21, 2011

Cafferty: Why would NBC edit Pledge?

Comcast bought controlling interest in NBC just this year. Comcast ranked 6th in MSN Hall of Shame Customer Service this year. Edged out by Banksters at B of A who garnered the bottom of the barrel in 2011. The actions at the US Open isn't a surprise to most Americans who are forced to deal with the Comcast Monopoly everyday.

Garden Photos





















The Garden

I haven't devoted as much time as I'd like to writing Mitoosense lately. I began planting a vegetable garden on May 10th. The planting took about a week. It could have taken much longer had it not been for the rototiller donated by Chris.






Since planting I have weeded and watered daily. The results so far are Jalapeno and Bell pepper are up. Cucumbers, Zucchini, Eggplants and Summer Squash are knee high and producing well. The cucumbers aren't protected by Brinks. The sign is to allow the vines to climb rather than overrun the Peppers. Tomatoes on the vines and the size of golf balls. Butter Beans or Lima Beans were planted last. They all should be ready next month



Watermelon, Honeydew and Cantaloupe vines are also bearing fruit. The cost of seeds and plants was about $14.00 this year and I expect a Goldman Sachs return and bonus on my investment. Ya can't do this well on the DOW JONES.

Today's Thought

When I was a Teenager I believed people in their Thirties and Forties were all Nutz. I'm now sixty years old and certain I was correct.

Burma Shave....

Monday, June 20, 2011

How Many Wrongs Equal Rights

We are all familiar with the first ten amendments to the US Constitution known as the Bill of Rights. If you were a free white male and 21 years old this document was all about you.Considered progressive thinking in 1791, no other country had these rights.

1. Freedom of Speech
2. Right to Bear Arms
3. Quartering Soldiers
4. Search and Seizure
5. Trial and Punishment
6.Right to Speedy Trial
7. Trial by Jury
8. Cruel and Unusual Punishment
9. Construction of Constitution
10. Powers of States and People

After a long war with England and the failure of the Articles of Confederation it was time for a new US Constitution. Drafted 1787 and signed March 4, 1789 it established a big central government and the bureaucracy was born.

The Bill of Rights became law December 15, 1791 eight years after victory from English Rule. The 11th Amendment 1795 and 12th Amendment 1805 came soon after. The Constitution went unchanged until 1865 and 1868 when we signed the 13th Amendment Abolish Slavery and 14th Amendment Citizenship Rights. Sixty years without an Amendment is the long standing record for keeping quite in America.

The Statue of Liberty was a gift from France October 28, 1886 after the French Revolution. It became a National Park in 1924. It has no ties to our Founders, US Constitution or Laws in America. It looks Great in New York Harbor and represents many immigrants first image of their new home in America. The "Land of the Free and Home of the Brave" .
Play Ball!

My interest in the US Constitution is not for historical knowledge. The US Constitution is my civic handbook of Constitutional Democracy in America. It is my civic duty to understand the law of the land.

We have a lot of Americans protesting the current ship of state in America. People are screaming about their rights and claiming this or that is Un-Constitutional. After a quick review it's difficult to validate their claims.

Usually this frustration can be traced to the Preamble or first paragraph in the Constitution as it refers to Justice, Defence, Domestic Tranquility and General Welfare. Americans don't object to sacrifice as long as everyone contributes equally. When some sacrifice and others profit from their sacrifices it breeds civil discontent.

Life, Liberty and the Pursuit of Happiness is an unalienable human right is from the Declaration of Independence 1776. "Of the people, by the people and for the people" is from the most famous two minutes in history, Lincolns Gettysburg Address. These two documents are quoted far more than the Constitution. There the claims begin to take solid footing in Constitutional Law. If ya ain't happy there's a reason for it.

It is here that the investigation of law begins it's modern day split as politicians select from the Constitution laws to be enforced and others just plain ignored. People are furious about the 1st Amendment Free Speech and 2nd Amendment Bear Arms as the Supreme Court continually diminishes the 4th Amendment Illegal Search and Seizure. The 4th Amendment has been ignored and silently compromised until it's nearly void as Bill of Rights. The compromised 4th Amendment has forced some citizens to rely on the 2nd Amendment to protect their rights ignored by the Supreme Court.

It's easy to make the claim of border control is national defence. So why are our borders ignored? Why do we have 22 million free ranging foreign invaders in our midst? These invaders embrace the Bill of Rights as theirs. while they reject Amendment 16 Income Tax.

George W Bush proclaimed these people perform the work most American would not do. History teaches us that Americans or legal immigrants have performed these tasks for four hundred years.

The reality here is the employer pays a wage that only an illegal paying no taxes can afford to take. Covert Immigration Policies enable the employer to access cheap illegal labor, skip past child labor laws and workers compensation. Creating ghost workers that destroy, not build our national economy. This Covert Immigration creates a economic sweet spot in Global economics for the Pharaoh's of Greed Street and burdens for Main Street. Profits for employers and the burdens on schools, hospitals, police and prisons are spread across the entire population creating a hidden subsidy for employers. Wall Street is bathing in the wealth of sweat shops around the globe at the same time we allow ghost sweat shops in the USA. Trying to compete with sweat shops on a global scale is pure insanity. It's a race to the bottom,

Through the miracle of Corporation the Pharaoh's of Wall Street select a bagmen from a series of bogus corporations to violate the laws. The Titans hide behind their contacts to stay squeaky clean in courts. Americans effectively are paying to allow wages to fall and unemployment to rise. These inequities didn't just happen as trillion of dollars is spent buying politicians with lobbyist selecting from a menu of loopholes to benefit.

Trust me if these people could vote they'd be thrown across the border tomorrow. Before Congress gives up Congressional seat to Jose they need to see his papers to take their job. Better be the long form birth certificate as well cause we know these document are forged all the time. Jose who also insist he read, write and speak Spanglish. All others are to follow his lead. If your gonna let them in the Country, let them vote and run for Senate is all I'm sayin.

The US Constitution from 1787 to 1805 and Amendment 1 thru 12 describe the rights and rule of law for some American but, not all Americans.

Much of the Constitutional language before 1865 discriminated rights based on race or sex. Constitutional refinements were in order for a more perfect Union in Amendment 13, 14, 15, 19, 24 and 26 where the rights of some were slowly granted to all. The the rest are burdens of income tax blue laws, drinking or not, term limits and Congressional Pay.

It's clear the Constitution grants Congress with the checkbook and ability to levee and collect taxes. This power did not exist under the Articles of Confederation. George Washington needed funding to pay for the War and the new Constitution would take power from the States and increase power to the Federal Government. Washington paid our debt to France and we've been at war with someone ever since. The states have been subservient to the Federal Government for the same time.

It's hard to imagine Thomas Jefferson and Ben Franklin debating the Constitution and pose the question: What if Congress Gives Money Away?
I doubt the Founding Fathers ever considered a Congress that would hand out bailout money courtesy of the taxpayers. The thought that anyone would give money away was beyond comprehension of economics in early 1800's. They lived in a much different world 200 years ago. We didn't have an income tax until 1913 and the tax code didn't allow for government supported wall street investing until the 401-k section was added in 1980. The combination of both these changes blurs the line between government and commerce. Sleeping with the enemy is appropriate here. These laws first appear as benefits for the taxpayer and end with cronies to administrate programs filling their pockets full along the way. Who wouldn't want a free house? Nobody wants government housing!! Same for Social Security and Obama Care. Social Security has become Social Surveillance, a life long commitment with poverty as your reward. The money put in is not your reward. The crumbs left over is your reward if you behave accordingly for 40 years.

The Founders didn't conceive the Federal Reserve established in 1913. A Federal Bank that could print money and debt as they see fit as well as control private banking interest. Spending money not in the US Treasury and FORCING future generations to pay the bills for their greed. Foreign Trade was in gold in 1800 and you can't print gold.

Soon after the formation of the Federal Reserve and Income Tax in 1913 came the Great Depression. Imagine that. The Dirty Thirties paid for the Roaring Twenties.

The Bankers would borrow from the Federal Reserve and gamble the money in the lucrative Stock Market where a dime could by a dollar of stock. As long as Markets rose in unlimited money supply the system seemed to work. It worked for sixteen years plus or minus.

Fortunes were made and homes built in the twenties were enormous. Mortgages secured with stock as collateral provided the financing. Problem here is all this stock was issued on a thin dime of actual money. To much borrowed money in the market and the market collapsed. The tide went out and revealed all who were skinny dippin. Money on paper was lost on paper in a market that was over inflated with borrowed money. The flood of easy money distorts real market values.

Money supply can cause values to soar or fall in foreclosure. 2big2fail is the fourth covert branch of government not provided in the US Constitution. Only Banks control consumer money supply and only the Federal Reserve control Banks. When markets climb profits are taken on the way down, not up. Every time money is transferred Banks take a fee and Congress collects Taxes. Both Fees and Taxes are nothing more than tribute paid. Musical Chairs with money; when the music stops the debts are called, jobs are scarce and wages are poor.
Recessions are planned economic strategy. 2big2fail is an exemption from losing money. Goldman Sach posted the largest profit in history after they caused the 2006 Financial Holocaust.The bonuses came from the bailout of the giant bagman AIG. Had Bush and Paulson not bailed out AIG all the 2big2fail banks would be as bankrupt as Lehmen Bros. Sound familiar?

The Roosevelt Administration in 1934 passed strict banking laws forbidding investment casino banking and created the FDIC insurance to convince consumers to return to banking in America.
Gold coins were outlawed forcing Americans to trade in Fiat commercial paper.
Regulations were imposed on Banks under the Glass Steagall Act. In 1999 this legislation was repealed. It only took seven years to return to 1934. After World War 2 the American economy thrived in a world with decimated manufacturing in Europe and Japan. American Made was the best you could get. At Bretton Woods the dollar was accepted as world currency in 1944 by the Allies fighting Germany. America promised the dollar would be convertible into gold for other countries.

The loss of dead servicemen in the war created a hole in available employees for hire after the war. Low unemployment and new babies born to the Boomer Generation spurred demands for every commodity.
Americans were building infrastructure of roads, schools and bridges in prosperity of post war. The homes built were small and affordable in the fifties and sixties. These people watched their money and had money to watch. Drive through your town and witness the homes built over time. Modern archeology of how past generations lived. We built some whoppers in the Twenties and under the Parker Bros. economy of Bush 43. Most of us are now paying a heavy price for Bush's 2big2fail Theft.
Under the pressure of a global economy Nixon took America off the Gold Standards in August 1971 .(Bretton-Woods 44) Now the gold in Ft Knox isn't a barrier to Congressional Greed.
We have been on the Confetti Standard since 1971.

The Europeans created the ECU or European Currency Unit as a result of America withdrawing the dollar from the Gold Standard. The ECU later became the Euro.
As long as Congress has no limits on the checkbook the debt will continue to rise. Money will continue to be worthless. We are coming to the end of faith in Greenbacks. There is no gold to support the spinning dollar.
The Chart above indicate more Americans are living in High Austerity poverty as the wealth in America is driven to the top 1% of thieves sucking off the GDP. It wasn't planned this way and it doesn't have to be this way!!!

Friday, June 17, 2011

Lewd to Nude Weiner Resigns



Anthony Weiner resigned his Congressional seat yesterday after lying for weeks about uploading smut pictures of his junk on the public Internet.

His 2:oo pm speech described all the qualities that Americans expect from their Representatives. The same expectations he not only failed to embrace but, defied their importance.He betrayed his office and the faith of those who voted for his promised to serve.


Like other's who preceded him in public resignation the choice of honesty was prompted by the lying wasn't working and the truth would rear it's ugly head anyhow. The spin after the lying was he actually never had sex with these women. For my money I think Weiner deviate actions were more perverse than those who chose to have inappropriate sexual encounters. In the end it's all about bearing false witness and not fidelity.


Returning stolen property as your handcuffed is not honesty or coming forward with truth.

Anthony Weiner not only shares his alumni with Edwards, Spitzer, Clinton and Arnold Sharzenagger his name is added to those in government sleeping on the job and downloading/ uploading porn on the public trust.



If we fix anything in government we should have homeland security expose all these behaviors under the Patriot Act. All Member of Congress should be forced to drug testing and personal information exposed rather than concealed.

Tuesday, June 7, 2011

Waist Fraud and Abuse

Anthony Weiner hit the government trifecta of waist, fraud and abuse in a single broadband Internet high speed photo of his brains.

The photos sent over the Internet is further evidence of the downward spiral of the USA.

The biggest difference between Anthony Weiner and other lame politicians such as Clinton, Ensign, Edwards and Arnold is his obvious choice to pollute the public Internet. The choice to send photos indicates his lack of leadership and ability to render a good decision.

Saturday, June 4, 2011

First Time Second Place Three Wheels



The 23 year old IMS Rookie JR. Hildebrand almost won this years Indy 500. Leading the field at mile marker 499.75 he crashed on lap 200's third turn only feet from winning the Greatest Spectacle in Racing. JR lacking in composure relied instead on the outside wall to guide him to second place. Still very good at Indy.

Veteran and unemployed British driver Dan Wheldom passed Hildebrand before the yellow light came on to secure his Second Victory at the Indianapolis Motor Speedway.


Hildebrand will be forever remembered in racing trivia for more number one's and first records than any other driver. Not since 1985's winner Danny Sullivan's spin and win have the spectator's witnessed the nearly unbelievable.

Next year I'm hoping the IMS will host a similar race for electric cars.




Burma Shave...

Wednesday, June 1, 2011

MSN Money: Hall of Shame Announced




MSN Money announced it's annual Hall of Shame. The worst performing Corporate Titans in customer service ratings. Bank of America reclaimed it's 2009 crown from AOL in 2011. AOL slipped to second place signaling they need to be even more inconsiderate to secure the title of Worst In America.



Once again the Bottom of the Barrel in America was dominated by Media Titans, Banksters and Insurance Moguls. The same bonus babies of TARP and Stimulus recipients have secured their rightful place in America"s Bottom of the Barrel. You know the group that suckle from the GDP as private sector corporations but, are protected in legislation that require the taxpayers to step up and pay tribute extorsion.



Bankster's who crafted the Housing Bubble that took down home owners and destroyed retirement investments in derivative stocks. The Financial Halocaust of 2008 that followed with TARP money rewards and bonuses for illegal behavior. The big reward was the 2010 Dodd Frank Act that legalized Casino Banking and 2big2fail burdens on the citizens.


Media Moguls who overcharge for contract computer bandwidth, cable television and phone minutes where they charge using their mathematics tilted so the house always wins again and again.


Finally, the Insurance Titans that steal the benefits of dead US Military Servicemen. The mandatory insurance required by lawmakers that burden the citizens and guarantee bounty to the Insurance Titans. The Taxpayer must pay tribute even if he doesn't need or use the insurance. At risk is your health care and driver's license, auto tags and prison for failure to pay insurance tribute. Al Capone had the same deal in 1920's Chicago.


The Bottom of the barrel for 2011 is as follows.



1. Bank of America


2. AOL


3. Capitol One


4. Sprint


5. Time Warner


6. Comcast


7. Citi Bank


8. Progressive Insurance


9. Chase Bank


10. Farmer's Insurance



(BP, GE and GM received honorable mention for not paying taxes while receiving subsidy and polluting the planet)


Burma Shave....