Great Depression part 2

Mitoosense has been quite for several months. The silence is not from a lack of enthusiasm but cool on the current National Discussion. It appears the Presidential lineup is near completion with Romney facing Obama. Clearly we have a fine choice of whom to vote against in 2012. There is precious little optimism of who to vote for. Reason to vote against Romney range from; I finally get a chance to Fire Mitt Romney, to his plans for tax cuts for his Cronies.
 Obama is well equipped also with a plethora of reasons to vote him out. At the top would be, not one banker was put in jail. He signed to extend the Bush Tax Cuts and Patriot Act. He validated 2big 2fail with Dodd-Frank then forced Obamacare down the throats of all Americans when 66% were against the Employer Based Legislation. Obamacare, in the end regulates the Citizens and ignores the piracy of Medical Insurance.
We have Eric Holder selling guns to Mexicans. Corruption at the SEC, FAA, USDA, FDA, MMN and suits brought against states for attempting to control Criminal Free Ranging Aliens crossing our borders. The pending Dream Act will simply validate the crimes and not solve any systemic issues. A real vote getter, I'm thinking. Still embedded in our minds is the memory of Deuce Bush and Cheney's administration of the bogeyman is gonna get you. The Bogeyman turned out to be  Deuce Bush who got us all.
Ben Bernanke announced last week our US economy was headed for a fiscal cliff  December 31, 2012. Citing the iminent sunset of Bush Tax Cuts and the mandatory spending cuts written into the infamous Debt Ceiling legislation and subsequent failure of the Super Committee to reach consensus of how best not to throw money in or out the window at the US Treasury.
The statement from the Chairman was if Congress did not Act the weak economy would stumble over a cliff and no imaginary strings of the Federal Reserve could avert an economic collapse. Not Good News considering we are entrenched in an election year with the autistic 112th Congress. After the election the 112th Crisis Congress will have just sixty days to avoid the Bernanke Prophecy. Should make another great Dog and Pony Show.
If we can all remember for a moment back to Bush the First we recall the Graham Leach Bliley Act written to unleash the demons sequestered in the 1934 Glass Steagall Act. The deregulation of Banking first made popular by Ronald Reagan continued on until the last nail in the coffin was signed by President Bubba Clinton.
Basically my interest in Graham Leach Bliley is it allowed Investment Banks, Commercial Banks and Insurance Companies to operate under a single ownership umbrella. The 1934 Glass Steagall Act prohibited this activity as the central cause of the Great Depression. Honestly, after the Bush the First infamous Silverado Savings and Loan debacle we should have seen this one coming. The Greed was simply too great to ignore. We the People picked up the the tab in the infamous Bush quote " Read My Lips, No New Taxes".
 Bush's son Neal Bush was convicted and fined before going on to making millions in the mandatory  Duece Bush's signature legislation of No Child Left Behind.
The arguments made against Glass Steagall were that modern banking philosophy could avert another Great Depression through manipulation of Interest rates and money supply.
These theories have been tested in the housing debacle created from the conspiracy of Investment Banking, Commercial Banking and Insurance explosion of 2007.  You will remember all the major banks and Insurance Underwriter AIG were handed the keys to the Treasury creating the illusion the new Houdini Dollars printed made the system solvent again. Even claiming The TARP money was repaid in many instances with interest. The truth buried deep in Treasury Accounting, Interest paid on free money invested in Treasury Notes and the Secret Fed Discount Window hidden from the 112th Congress. The result in contrast is the definition of Modern Banking Philosophy as the better known acronym of 2big2fail ushered in under Bush. Paulson, Geithner and Bernanke team. With the free money window open why not go ahead and bailout GM, Fiat and Airlines.
More truth revealed the so called TARP, Banking Philosophy and 2big2fail did a cracker jack job of making the stock markets rise. After all this may have been their only consideration ignoring Main Street, the Middle Class and rubber stamping the highest poverty rates since 1930.  It appears to this writer that only some were spared the Second Great Depression and most are still feeling the pressure of TARP or 2big2fail.
There is some good news. This year with the help of a 7410 John Deere tractor the garden will be enormous at 20ft x 100ft. Cucumbers, Zucchini, Squash, Corn and Peppers already sprouted from seeds not plants. Growing from seeds further enhances the bounty in both costs and rich nutrients from fresh foods.....

World's Fastest Indian

Mitoosense does not often recommend movies to readers. Last night was an exception. By chance I ran across a movie made in 2005 " World's Fastest Indian starring Anthony Hopkins. The movie is the true story of Burt Munro from New Zealand. Burt was born in 1899 and raised on the family farm. He was attracted to horse racing early in life until discovering motorcycles. In 1920 he purchased a 1920 Indian Scout which he owned for 56 years.

The story is based upon Burt's dream of setting a world's land and speed record at the Bonneville Salt Flats in America in 1962. Burt's dream comes true at age 63 with his 1920 Indian Motorcycle. Armed with little more than a back yard workshop he built his machine to exceed speeds over 200 mph.
Burt Munro died in 1978 at 78 years of age. Three of his records still stand for motorcycles under 1000 cc. Great film if you get the chance. Anthony Hopkins bears an uncanny resemblance to the World's Land Speed Record holder Burt Munro

Sanford Police Department

The wires are cold with any recent newsworthy political theatre. Charlie Sheen and Lindsey Lohan's public and private behaviors are equally uninspiring. Mitoosense avoids commentary on the public outcry for justice in Pennsylvania Child Abuse or Innocent children killed by a deranged mother.
The recent shooting in Sanford, Fl is hot on the wires. Attracting the likes of the NRA, Spike Lee, Black Panthers and the NAACP to attach their ideology to the death of a young American. The needless death of a High School Student walking home from a store with a bag of candy and cold drink talking to his girlfriend on the phone is the topic of discussion. Certainly a 17 year old boys desire too speak to his girlfriend in privacy is not a crime, ditto for candy and a cold drink.
The shooter an Hispanic Neighborhood Watchman claimed the boy was "up to no good, looks like he's on drugs or something, has his hand in his waistband" he reported to 911 tape. He never mentioned to the 911 operator the boy was talking on the phone. If the shooter could not see the phone it's likely his other observation were also fabricated. If he called the Police and said there is a 17 year old boy eating candy, drinking tea and talking to his girlfriend on the phone it would be a tough sell to the authorities the boy was a threat to anyone. It would also be normal for a teenage boy want privacy while speaking to his significant other. Many people prefer to speak outside away from the noise of TV and ears of family members. It's evident the shooter did not have the common sense to see his own paranoid behaviors. Drunk with imaginary police powers and an illegal firearm the shooter attempted to interrupt the boy's civil liberties, and the US Constitution. The boy had no obligation or responsibility to this man to submit to any questioning, if any.
What happened after the shooting may well partially explain why the shooting happened at all. This of coarse is the Sanford Police Department's failure to keep crime under control is well documented in crime statistics. The fact the shooter was allowed to go free and not held until all the facts were known is a significant truth. The fact that the shooter was allowed freedom 2 days before the family was notified their son was dead is unacceptable. Certainly, family would be the first to question the facts surrounding the murder of a loved one. Regardless of the claims of self defense it is apparent the boy was not guilty of anything and further had no obligation to submit to this mans imaginary authority. The boy was in fact murdered for protecting his American Bill of Rights. The Sanford Police did not do ballistics testing on the weapon or check for fingerprints on the weapon are just some decisions made by Sanford Police to not enforce the law. Not a cop but, I would think this would be standard operating procedure in any investigation much less murder. Instead the Sanford Police allowed the shooter to leave with his weapon. The shooter in the absents of any police investigation is now able to concoct any defense in unknown facts. These facts lead the average person to suspicions of Police Cover ups.
This failure to police the facts and respond to the shooter's paranoid charges is failed police work and brings logic to a crime statistics that are out of control! The Sanford Police continued their denial for nearly a month before the outcry from the public demanded answers. The inaction's of the Sanford Police Department reveal that not enforcing the laws is a much bigger crime today than people who break the laws. Putting people in jail for driving without a license is near the top of my list ditto for auto insurance and tags.
My deepest regards to the family who lost a son. Not because he was a minority or the shooter was a minority but, because he was an innocent American murdered and the Sanford Police did nothing.

Today's Thought

It's clear corruption in government stems from not enforcing the law as opposed to someone breaking the laws. We have three branches of government in America. Two is not enough. Four is Anarchy.

GOP Broked Convention?

I was just watching FOX news as they interviewed Mike Huckabee on the possibility of a Brokered GOP Convention. The bar at the bottom of the screen text was spelled Broked Convention. A possible Freudian Slip and Spell Check impossibility. I tune into FOX occasionally to get fresh material for Mitoosense. Noting FOX is synonymous with yellow journalism made famous by the Jerry Springer Show. We instead rely on Comedy Central for accurate unbiased information or CSPAN.

The GOP nomination process has gone from uninspiring to stale. We have not had a televised debate since Mesa, Az on February 22, 2012. The GOP debates were admittedly focused on preaching to the choir from the Right Wing. Still we cannot deny the changes in the campaign since the Mesa debate. The debates often focused on issues most important to the voters. In this format Romney did very well. Mitoosense is Independent in ideology making Romney the better choice for our support.

Without debates the discussion has veered away from the Economy, Immigration, Obamacare and Bailouts. The narrative today is gone in the ditch with birth control, contraceptives and pornography. The social issues lack clear candidate position and splinter the support away from Romney towards Gingrich and Santorum. The divisive issues also become the soup du jour with candidates lining up voters support in true Elmer Gantry style. The candidates are free to make any platform theirs and espouse a clean record to fact check. Also we should not ignore the feel good Empty Promise issues of going to the moon or $2.50 gasoline which are impossible to fact check as well. Either way the pragmatist Obama will destroy the GOP in November if they bring this garbage to the election. A leading story on Yahoo today was a GOP bumper sticker Don't Re-Nig in 2012. Attacking the messenger will not win the election with one of America's most popular Presidents. We like Obama in spite of being dedicated to voting GOP in the Presidential election. Obama is most vulnerable on Obamacare, Dodd-Frank and the pending Dream Act. Obama also validated the Bush Tax Cuts, Patriot Act by extending them. Obama strength is in Foreign Policy and killing Bin Laden and his henchmen. Attacking Obama as a Muslim or his race will guarantee the GOP defeat. Obama has many legitimate weak points. Solyndra, Fast & Furious, Guantanamo and suits filed against Arizona and Alabama as notables.

The Social Issues are impossible to solve largely because they impose laws on other people's business. We try to legislate people on morality, marriage and contraception which all are within the realm of other people's business. The world and America will continue to turn without these distractions from the Nanny State. The Nanny State is also central to Ron Pauls campaign.

Obama makes the news with his NCAA Bracket picks and the voters ignore Pope Joe. (get it) The GOP is lost and out of touch with basic Americana. Easy pickins when the GOP doesn't know sick'em.

Romney struggles in the darkness to stay on message with the economy and his plans to fix our debt. The Catholic candidates Gingrich and Santorum hide in the comfort of the Pope Joe and Catholic Doctrines. Mormons don't have a Pope and are all American in heritage. Pope Joe lives in Italy and was born in Germany. They claim he speaks to God or is God or something. Pope Joe is a good fit in the GOP right wing, I think, maybe, not Catholic, cannot really say!

Anyhow, between the Moon, NCAA, $2.50 cent gas and Pope Joe the Romney Bandwagon is sinking like a stone. Mitt needs to turn the discussion back to his winning message!

Peyton Manning #18

As a long time resident of Indianapolis, born at Fall Creek Parkway and Capitol Ave I was excited about the new Hoosier Dome being built downtown in 1983. I had moved to Ft Lauderdale from Indiana in 1981. The news came from home the Baltimore Colts had moved or skipped in the cold Thanksgiving night air in 1984. The Indianapolis Colts became a reality. I immediately became a Colts fan and bought the blue and white cap. I never agreed with the dirty deal Baltimore received from Bob Irsay team owner. Skipping in the night on a holiday was despicable plan of the NFL, Bob Irsay and Indianapolis Mayor Bill Hudnut. Hoosiers are a strange bunch of folks with a ordained Minister as Mayor and Doctor Bowen as Governor. You gotta be Hoosier to understand. The Browns moved from Cleavland a few years later and reopened the wounds of NFL fans. The reminder this game is all about money and lots and lots and lots of it. The Team Owners in the NFL are all Billionaires. Except maybe Green Bay. Green Bay's Team makes a whole lot of sense to me. But again I'm a Hoosier.

With my new team came a lot of responsibility. Supporting the Colts while living a few miles from the Dolphins Stadium turned out to be easier than one might imagine. The Colts performed miserably for many years. I supported the Colts till they fell out. Then my adopted Dolphins and Don Shula until they fell out and then Kansas City Chiefs and Marty Schottemheimer the former coach of the Old Cleavland Browns. This trifecta of teams usually got me through the season. Still no rings and zero Superbowls. The single caveat was when Dan Marino's arm came against the foot of Colt's kicker Dean Biasucci on a Sunday afternoon. The underdog Colts prevailed over the Dolphins 18 to 14. Marino scored two touchdowns. This was no match for six field goals from near the fifty yard line. The game was later coined "The Dean Biasucci Show" I remember my brother and I quietly exiting a South Florida Bar after the game.

The Colts hired and fired their way to failure year after year. The first Messiah was Eric Dickerson who became the marquee player who's image appeared in billboard size out side the Hoosier Dome. Eric was a huge disappointment on and off the field. A few notable in the early years were John Hand, Clarence Verdan, Albert Bently, Dean Biassuci and Jim Harbaugh, all good players, no cigar, no team.

Robert Irsay died in 1997 and the new owner became son Jim Irsay, cuze that's how nepotism works. The first proof of Jim Irsay management style came in 1995 when the Colts fired the beloved Coach Ted Marchibroda. Ted Marchibroda was an easy fit to the Hoosier lifestyle. After nearly winning the first Superbowl berth Ted was fired for the first Colt's inspiring season. I watched the Colt's Jim Harbaugh hail Mary in Pittsburgh. The replay would show the ball had touched the ground and denied the Colts a Super Bowl berth. Teds replacement, Linde Infante was also fired after a brief run as head coach. Coach Ted stayed on in Indy as a Radio Celebrity Analyst until 2006.

The Bill Polian Blue and White Regime came in 1997. Bill Polian had been fired by Buffalo after three Super Bowl appearances with star quarterback Jim Kelly. Bill gathered his marbles and took the new expansion team Carolina Panthers to the Superbowl in two years. A big huh! How could I suffer with the Colts for soooo many years losing and this guy pulls a rabbit outta the hat in two years with a brand new team?. I not sure how we got Bill Polian in Indianapolis but, it was probably the same Irsay management style that moved the Colts from Baltimore and fired Ted Marchibroda.

The new President and GM Bill Polian's first move was drafting Peyton Manning #18 to the Colts roster. Bill was under constant attack for not picking the much bigger Ryan Leaf. Peyton would join Marvin Harrison who was drafted a year earlier. Me being a Colts fan since 1984 I knew how this Colts system works. The scapegoat is almost as good as a solution. Polian would be around a couple of years and then replaced. It's how the Colts roll so to speak.

Peyton ran around his first year avoiding injury. The shinny kid from New Orleans and son of quarterback Archie Manning was starting to move the ball. Bill Polian pulled another rabbit outta the hat and drafted Edgerrin James over the more popular Ricky Williams. Again the Polian decision was a great controversy in NFL circles. We all know how this story ends. Manning, Harrison and James became the triple threat in the NFL lighting up scoreboards around the nation. Ryan Leaf and Ricky Williams were doing good to stay to stay out of court. Colt's Superbowl was in the cards for the first time. For myself I became a big fan of Bill Polian the architect of so many Superbowl Games. Every year the Colts got closer to victory. The ring finally came and brought the new Lucas Stadium and Superbowl host to Indianapolis.

This years Superbowl in Indianapolis is shadowed by the ghost of Irsay. Bill Polian, Jim Calwell and Peyton Manning all fired. The reminder it's all about money. Peyton who stepped down this last week reminded us all of the Hospital and Lucas Oil Stadium he leaves behind. He played his heart out for the Hoosiers and the Hoosier hearts won will go with Peyton's impeccable legacy as Player and Honorary Hoosier. For myself I will retire the Blue and White this year and follow the team who is lucky enough to get our Star Quarterback #18.

Mitt Romney

Mitoosense has followed the GOP nomination process from early on. In the last election 2008 and up till recently we supported Ron Paul. Dr Paul's foreign policies are to extreme for our liking. Dr. Paul's domestic policies are radical also but, we need some radical changes.

Mitoosense supported Obama in the last election wisely over McCain/Palin. Unfortunately, We did not get Hope and Change. We got validation of Bush/Cheney bailouts in Dodd-Frank. Obama has done nothing to put Banksters in jail and supported right wing corporate bailouts of GM, Fiat, AIG and 2big2fail. At the same time his administration unwisely filed suit against Arizona and Alabama to halt immigration legislation from becoming law. Obama has endorsed the Dream Act and allowed the Bush Tax cuts and Patriot Act to be extended. Obama supported Federal Reserve policies of cheap money and zero interest to the Casino Bankers. Right wing corporate welthfare economics to falsely stimulate the Wall Street Markets as Main Street poverty rates rise unchecked..

For the record we think Obama foreign policies are his strongest assets in the upcoming election. The risky business of Obama taking out Bin Laden sent a clear message around the world that we Americans have waited for way to many years to achieve. Obama is the most likable Presidents since JFK which makes voting with the GOP even harder.

This brings us to Mitt Romney. It was clear with Obama and Ron Paul out Mitt was the most desirable candidate in the GOP lineup. Mitt weathered Gov. Perry, Herman Cain and Newt Gingrich with ease. The latest competition is from former Senator Rick Santorum. Santorum eked out a thirty point win in Iowa despite Romney the winner election night by eight votes. The ghosts of Bush/Gore and Dewey/ Truman counting votes until the other guy wins is apparent. Romney was not expected to win in Iowa yet took the split of delegates with Santorum. It is very clear Mitt Romney has examined this nomination process very closely. Mitt has focused on the states with the most delegates and winner take all Florida. This is the Romney Plan in action and it is working and winning. Imagine That!! It is also very clear Santorum has avoided head to head competition with Romney and concentrates his focus on wining states Romney avoided. The results are Santorum won the beauty contest in Missouri and Minnesota without delegates. Santorum lost big states in Michigan and Ohio to the Romney machine. Even worse Santorum and Gingrich were not on the ballots in their home states of Virginia.

The media is pounding on Romney highlighting the states he did not win and those he won by smallest margins. The media also ignores the big win in Massachusetts by 70%. Meanwhile the Santorum campaign pleaded with Democrats to vote for him in Michigan or the Iowa win was Sanotorum by only 31 votes are completely ignored. Romney wins in Ohio by 12000 votes just isn't good enough. The media and pundits who sway the truth and often lie is the very basis for our blog. It is the media who twist reality to their advantage.

Super Tuesday was no exception. Romney prevailed in the meat and potatoes delegates taking 6 of 10 states this week. Gingrich took Georgia as his only prize and Santorum followed with 3 victories. The media offers no credit to Romney for taking 6 of 10 and over half the delegates on Super Tuesday. They choose to spin the money spent and margins of winning to beat Romney like a redheaded stepchild.

As a parallel for the Commander in Chief do we really want a guy who can win only Georgia or Santorum who fails to get on the ballot in his own state and overlooks delegates in Ohio completely. Do you really want this kind of unfortunate failure in the White House. It's crystal clear the Romney Plan to election is working like clockwork. His opponent are falling short because they failed to organize and work a winning plan. This is why we support Mitt Romney now and in November. Mitt Romney knows how to get things done and accomplish goals.