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    • Exchange Rates 101
      In light of the collapse of the Ruble I think it’s worth revisiting what controls exchange rates. Supply and Demand. Yeah, if you know something about the subject you’re probably shaking your head. Supply and Demand doesn’t set prices in many cases in the way that an Economics 101 course tells you. Such texts will [...]
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Charles Pierce’s instant emetic

Jaysus, I hope this shit is parody.  You just need to go read The Cynic and President Obama but get your barf bag.  Here’s an excerpt:

Now, four years on, the cynic wonders if the president yet has learned what he needed to learn. He has been subject to unprecedented political obstructionism and to a campaign of personal slander unseen in this country since the days when Thomas Jefferson was hiring James Callender to do his dirty work for him back in 1800. Some of the deepest muck from the river basin was churned up to the surface. And there was an audience for it. Rank insanity drove television ratings and made stars out of weeping hucksters. In 2010, the American people — whose essential unity and wisdom he so warmly praised in the speech that made him a star in 2004 — returned a singularly reactionary Congress full of utterly ridiculous men and women. They dedicated themselves to his political destruction, and they proved themselves willing to wreck the country and its economy, and to cause untold pain to millions of Americans into the bargain, in order to achieve it.

Oh, puleeeeze, cry me a fricking river!  Is this some kind of joke?  Obama has had it easy.  Has anyone called his wife a bloodthirsty lesbian who killed Vince Foster?  Has he been subpoenaed by Congress to present his birth certificate and explain his whereabouts on the day of his birth?  Has ANYONE pursued his connections with corrupt real estate slum lords in Chicago??  Has he had any special prosecutors dogging his steps day after day, calling up his staff, burdening his secretaries with monumental legal bills?  Has he had the Supreme Court tell him to suck it up? Well, has he??

No, all he had was an opportunity to turn around eight years of Republican solid waste and use the financial meltdown to institute major reforms using the filibuster proof Congressional majority that we gave him for two whole years.

Let’s be frank here: after the 2008 financial meltdown, most people would have voted for a mixed asian-african american, Muslim, lesbian hermaphrodite if he/she had a “D” after her/his name.  And that’s because the American people wanted that person to aggressively fight back against the forces that were destroying their lives.

And when he listened to his Wall Street advisors instead, resulting in more layoffs and more foreclosures, they panicked and swung back the other way.  What Obama failed to understand is the severity of the crisis on average Americans, a lot of them, some who had never been laid off before.  I’m surprised that the country has remained as calm as it has.  That calm may not last too much longer.

I think it’s time the Democratic apologists step away from the poppers and stop blaming the victims.  Obama wanted this job, he committed political homicide on his opposition to get it, he knew what was coming and he failed- miserably.  Not only did he fail to help, he even made it worse in some cases.  Charles Pierce needs to read Neil Barofsky’s book or Ron Suskind’s Confidence Men or Sheila Bair’s new Bull by the Horns.  The truth will curl your hair.

It’s not always about race and I’m sick of a certain stratum of progressives pulling that old sledge hammer out to whack us over the head.  It is and always will be about the economy, stupid.  That’s what Obama has failed to understand.  For such a supposedly intelligent guy, you’d think he would have gotten that by now.

HE needs to take responsibility, not the voters.

I’d like to thank the WGA for going on strike

If it hadn’t been for so many people having nothing better to watch on TV, many of them wouldn’t be watching the debates. I walked into my local Starbucks yesterday and people noted my Hillary Clinton campaign button leftover from a couple weeks ago. I could hear snippets of conversation swirling around of a political nature. I accidentally took someone elses tall caramel latte and was really embarrassed but the young woman whose drink it was said, “That’s OK, I forgive you. At least you’re not voting for McCain.”

This is a very red suburb where there isn’t a single Democrat on the Township committee. About 4500 people voted in the precincts in our town just for the Democrats and Hillary edged out Obama by about 100 votes. People are paying attention, ready to work together and motivated. And for that, I would like to thank the WGA.

Now, get back to work on The Daily Show and The Colbert Report before I start to lose my patience!

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