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Archive for the ‘thief’ Category

Pessimistic Outlook: US Government Is Broke(n), It Will Never Be Fixed

22 Mar

I remember when Katrina hit the south back in 2005. I followed the hurricane tangentially. It didn’t  hit me until the news media started calling American citizens “refugees” that I realized how bad it was.

I had a conversation with friends afterward, and they were surprised by the gross incompetence of the local, state and federal government. I looked at them, wanting to know: Where have they been the last 5-to-30 plus years? Haven’t they noticed that the US has been in a slow and steady decline since the inflationary, decrepit, corrupt and stagnate 1970′s?

Despite the celebratory big-talk of the Reagan years, I would say that when he helped usher in the we’re-going-for-broke-sorta-war against the country formerly known as the USSR, it would likewise take us down. When the government decided to have a mano-a-mano battle with the USSR, it drained a number of internal well-thought-out strategies for keeping our country whole, solid, and well functioning with it.

A rising stock market doesn’t contrast well against jobs that evaporate from the industrial US to overseas. A rising top 1% making more money than ever doesn’t contrast well against white collar jobs that evaporate from the service economy to overseas. A society cannot survive on consumption alone, it must make durable goods as well.

Every job lost is a tax payment lost. Every job lost is a Social Security payment lost. Every job lost is a Medicaid/Medicare payment lost. “Economists” love to say that the loss of a US job to someone overseas due to slave wage labor is something we benefit from, because we can purchase “cheap” goods. I wonder why they never mention that lower paying jobs here mean people could only afford cheap goods, buy less higher-end products, and contribute less to the taxes that are necessary to keep the US afloat. It is no accident that to finance its grand entitlement schemes the US is borrowing nearly every dime.

In the future, when good and excellent historians look at this country, they will draw a line from whatever took place in this country in its attempts to keep its supremacy, and what it lost in the balance. The founders had it right: let’s mind our business, and stop trying to micromanage the rest of the world.

A man fighting fires in other people’s houses will not notice that his own home is burning down to the ground.

9/11 didn’t happen due to any conspiracies within the government. It happened because of gross indifference, incompetence, and negligence. Bureaucracy exists only for the bureaucracy. It took over 40 years for that to happen. It will take another 30 plus years for the country to entirely collapse.

In nearly every facet of our lives, if it’s not Corporate America, then it’s an officer, agent, or bureaucrat of the government(s) watching, spying, monitoring, and cataloging everyone. Everyone is “guilty” of everything. Everything is illegal. Everything is restricted. Every time a “crime” occurs the sheeple request more interference, monitoring, and watching. I bet no one feels “safer” either.

Nothing improves, and nothing will improve.

9/11 put the icing on the cake for the totalitarianism this government has always wanted to embrace and deploy. A permanent war with no ending. The never ending battlefield encapsulates the entire country. The US Constitution can be ignored, suspended, and deemed irrelevant. Travel has the same atmospherics as being in a prison. Yet somehow, millions of illegal aliens can easily enter the country.

We are a prison(er) society. We will be in a state of martial law, until foreign governments stop purchasing USA debt, the country collapses under the weight of illegitimacy and stupidity, or deliberate ignorance of basic governance, fairness, due process, and economics. Take your pick.

We are told that things are getting better, but they’re not, and they wont. We’ve reached the turning point, and since the country is already flying over the cliff, there is no going back. We’re waiting for the impact once we hit bottom.

The difference for me is that I used to care. Starting today, I don’t.

Prediction

They will come and confiscate your savings and all other assets, and they wont need a reason. You can count on it. There’s nothing restraining the jackals in DC.

 

A Very Special Madoff: Cash Rules Everything Around Me

20 Dec

I may be misquoting Method Man, or someone else, but I do recall this was a popular rap back in the day.

Truer words were never spoken.

Lemme give some props to Paul Krugman first:

The revelation that Bernard Madoff — brilliant investor (or so almost everyone thought), philanthropist, pillar of the community — was a phony has shocked the world, and understandably so. The scale of his alleged $50 billion Ponzi scheme is hard to comprehend.

Yet surely I’m not the only person to ask the obvious question: How different, really, is Mr. Madoff’s tale from the story of the investment industry as a whole?

….

Yet, at this point, it looks as if much of the industry has been destroying value, not creating it.

….

The answer, I believe, is that there’s an innate tendency on the part of even the elite to idolize men who are making a lot of money, and assume that they know what they’re doing.

After all, that’s why so many people trusted Mr. Madoff.

Now, as we survey the wreckage and try to understand how things can have gone so wrong, so fast, the answer is actually quite simple: What we’re looking at now are the consequences of a world gone Madoff.

I bet he couldn’t resist that pun.

Picture this first image: a black male goes into a KFC. Perhaps robbing it, at gunpoint, of $500 bucks, maybe even $5,000. If he commits this crime some where in the south, especially in one of those “tough on Negro crime” states, he will be sentenced to life in prison. Weirdness of the criminal justice system in all its stupid glory: he’ll spend more time in jail, than if he killed his estranged wife, live-in girlfriend, multiple children, and some neighbors.

In case you think I am making this up. I forget the state, but there was a TV news story done years ago about a southern white woman judge doling out sentences of 100 years for armed (perhaps not?) robbery.

I also know people who work for a correctional facility: murderers don’t spend a very long time in jail, especially when they kill women they know.

I hate thieves. I can’t abide stealing, but she was proud of locking away people for extremely long periods of time. Think of the resources she was draining from the state: warehousing able bodied men without any indication of attempting to rehabilitate them. I wont delve into whether it is possible or not. I wont even talk about IQs, race, single parent homes, poverty, illegitimacy, illiteracy, recidivism, and the like. That’s for the useless experts to hash out.

Picture this next image: an old white man rips off thousands of people, costing them billions. He shows up at court. The judge grants immediate leniency: he can stay under “house arrest” in his penthouse. Gawd forbid, this white man has to stay in jail with the unwashed masses.

The criminal justice system not only acts obsequious, they seem nigh apologetic. “Gosh, we’re sorry we’re disturbing you, oh-magnificent-rich-privileged-thieving-old-white-dude, but it looks like some of your suckers are complaining. We have to pretend we want to do something about it.”

What ever happened to the joys of this wonderfully free unregulated market? Anyone? Folks who invested with this guy are the same ones who told politicians to back-the-funk-off-of-Wall Street. There’s no limit to how much money we can make!

Three-card Monte on the street corner seems more legit. At least you know from the get-go it’s a con.

What? You’re surprised? Why? Oh, that’s right, he went to the right (sotto voce) exclusive, extra extra special, brightest in the room, highest IQs in the world, no coloreds allowed, country club with all the other jackals. He must be legit.

What’s that German word? Schadenfraude.

If he gets even half the time a KFC armed robber would receive, I’ll be shocked, shocked! Bernard Madoff might spend a little time at Club Fed. There he will get to network with the other scheming and sneaky crooks on how to rehabilitate his tainted image. In his case though, he might be too old to start over.

I always thought that the casinos in Atlantic City and Las Vegas made more sense, and was easier to understand than Wall Street (what’s left of it).