The Mooning of America

Finding out that the interest rate, and therefore the amount you owe, can go up at any minute through no fault of your own might have been the ultimate debt cure.

Michigan has reason to smile this morning.

BTW, does Debbie Schlussel ever smile? I mean, when she’s not exterminating kittens?

We should get rid of credit cards entirely. Consumers in Europe and Asia really only use debit cards. The credit card business has been like the ATM machine at the casino for these big banks. No matter. Looks like Volcker may get his Volcker rule this week. Some more restrictions on the gambling, maybe.

And well done to Rima Fakih.

Things are not looking good for the Great, hopey changey, Satan.

Brazil has engineered an agreement with Iran to dump excess nuke fuel in Turkey thereby denying Israel an excuse (they will find another one no doubt) to bomb the shit out of Iran and create yet more havoc in the world and, incidentally, enrich the MIC.

Greece is going after the Goldman Sachs House of Fraud, among others, to help recover some of the stolen $billions and maybe do what this administration refuses to do which is go after and prosecute the perpetrators of the present financial scandal. Europe, at the same time, has told the IMF to butt the fuck out and take it’s fascist philsophy somewhere else.

And America’s best (and only?) friend and war creating partner, Israel, has decided to ban the evil socialist, peace loving, philosopher Chomsky from entry into the west bank which it still has under illegal occupation, demonstrating to the world yet again that, honest discourse and peaceful intentions are the last bloody thing Israel wants. Israel would rather suck the dicks of genocide supporting, anti-human rights, apartheid loving, illegal settlement building Dershowitz and Lieberman any day.

And I can hardly wait to see the reaction of the Mexican people when the oil disaster washes up on their pristine shores.

As for credit card debt. If American companies paid decent wages card debt would be a non-existent problem. Some food for thought looking at credit card debt in nations that have effective unions and strong government labour laws. Here are some facts.

Good morning, pups. It’s Monday so we’ve got The Pasty Little Putz and Krugman. The Pasty Little Putz is whining about “The Great Consolidation.” He says every crisis — from the global economy to national security — seems to make the powerful more powerful. Funny that he didn’t seem to be all that concerned about consolidating power when it was Republicans in charge… Someone finally explained what he’s doing at the Times — commenter sudoise at TBogg’s shop has the answer: “The NYT has long desired a humor columnist – they just didn’t want to come right out and say so. They have this thing about their dignity.” In “Going to Extreme” Prof. Krugman has a question: Has the Republican Party become more extreme, or is the country just beginning to notice?

Here they are.

The coffee and tea are ready, and the biscuits are out of the oven. It looks like we may be in for some rain today, which will help give my new little plants out front a good start. Have a great day.

Thanks, Marion, afraid my humor vein is suffering a leak, then. Do not see the fun in fake concern.

But then the E.U. acted, bailing out Greece to the tune of nearly a trillion dollars, and dictating economic terms to Athens that resemble “the kind of thing a surrendering field marshal signs in a railway car in the forest at the end of a bloody war,” in the words of the Washington Post columnist Anne Applebaum.

But they have avoided dealing with the IMF and their draconian, america dictated, rules and regulations. Greece would rather their neighbours than deal with the country that put them in the financial mess in the first place. Funny about that.

suddenly, the takeover of the Republican Party by right-wing extremists has become a story

Just the gooper rant and file having their say?

Some food for thought looking at credit card debt in nations that have effective unions and strong government labour laws.

Can’t see the link. Most countries outside the US use debit and charge cards predominantly, over credit cards. That’s why they have lower credit card debt.

Do you have Tourette’s.

Here are some facts.

Mornin’ nomolos. You’re missing one link there.

So Greece is all America’s fault. Good economic thinking. What would you propose Greece do next to get out of their predicament.

Sorry, here it is

And for those that have trouble with “the googles” just copy and paste “Greek debt + Goldman Sachs” as a search term and educate yourselves.

Credit default swaps on soverign debt multiply currency instability exponentially. I’d guess Wall Street can stand up and take some credit for those.

Your link didn’t work, but I’d be interested if you can post the url.

[Got it in the later post.]

Tragic Manicheanism.

It is interesting to note how much credit card usage went up world wide during the years 2000 to 2008. I guess once the credit card companies were no longer regulated it was “balls to the wall fuck you world”. Of course the world wide thievery had nothing to do with america. /s