The word “cascade” comes to mind. China is the world’s second largest economy. The continued crash has real implications for the rest of the world economically and probably politically. What those implications are at his point we do not know but it is certainly time now to keep one’s eyes on the horizon.
An interesting and somewhat desperate statement on corruption from a fan big government in Salon.
Thing is, as we say often, government is inherently corrupt. One can’t just get “good people” into office and then things will change. Government must itself be reduced.
Yes this means that many big modern liberal dreams must be abandoned.
I do not write this flippantly. I understand that this would constitute a political sea change.
That we have an IRS is bad enough. For the majority of our country’s history we had no IRS and we prospered. And we would again if the IRS and the income tax disappeared. But it is exponentially worse that the agency has been used as an outright tool of persecution by the White House. The IRS wasn’t looking for tax cheats, it was looking for enemies of the president.
And the president says that the real scandal is that the IRS doesn’t get enough funding.
Destroying (or attempting to destroy) one’s political opponents with said agency is no big deal however. Not like that is straight out of the 3rd world crony playbook or anything.
The question I have is why Congress, and specifically leadership keeps letting the Obama administration get away with this sort behavior. Behavior which is quite serious and damaging to the United States.
We have a copy of this book and will be doing a review of it soon. In the meantime, if you’re headed to the beach or lake this summer this might be a good one to take along.*
Heads they win. Tails you, well you know how it goes. You read this website.
Akin Gump (And just to be clear Bubba Gump is a shrimping company and not affiliated as far as we know) is an equal opportunity bundler. Republican? Ok. Democrat? No problem. Need money to get elected? We’ve got you covered. Easy terms too.
The Obamphone program, and it is the Obamaphone program, though it was started in the 80s so that people could call the fire department if they needed it, has expanded exponentially during the current administration. Now pretty much anyone can get a free (I mean you and I pay for them via our taxes) phone just for the asking as this recent video illustrates.
And now we will be subsidizing broadband Internet too via Mr. Obama’s “ConnectHome” crony boondoggle. Congratulations America, more stuff which is way beyond what government should be doing that you have to pay for. Oh, and which will fatten the bottom lines of large corporations in the process.
Tracfone, owned by Carlos Slim, the Mexican magnate and the richest man in the world has done very well under the “Lifeline” program. ($451 million of your tax dollars in 2011 alone.) Now it looks like all sorts of other companies will be getting in on the act as Google Fiber, a connection which I can almost guarantee is way way beyond the connection you have, you know the connection you PAY for, is installed in housing projects across America. (You’ll be paying for this connection too of course.)
This is couched as a program for the poor, which will help people find jobs etc. I certainly hope this is true, but my bet is that it has as much to do with rewarding complicit corporations as anything else.
It’s a jack dressed up in “doing good.”
Also it should be noted that with such connections the propaganda message is made more easily. This is also a big part of the effort.
Connecting people to super duper high speed Internet is not what government is supposed to be doing. Because it is doing it on YOUR DIME.
Oh this is a great sign.
It does sound like the parameters around these new interest only loans are pretty conservative, 20% down, 720 FICO score, etc. But take it as a bellwether. Watch to see if more of this stuff comes on the market, with less stringent guidelines. Caution, always caution when it comes to housing, which is a highly government manipulated market.
It’s true. Free people stand up for themselves. Free people respect others but question why it is that they must fall in line.
This general disposition annoys politicians and perhaps more importantly it annoys the people who do not see any value in standing up for themselves, in thinking independently. Why can’t you just get along? Why do you have to question everything? What makes you so special that you get to challenge the system which is obviously (sic) in place for the greater good?
It really is a question of what one thinks it means to be alive. It’s that fundamental.
This is a significant development. One would think that the teachers unions, dominated largely by a female teacher rank and file, would be in the bag for Hillary. That the teachers (arguably the most important constituency for any Democrat running for president) would be a done deal.
They must be loving this at Clinton headquarters.
Here you go. Because as we all know the one who raises the most money simply must be the best candidate right? Not the worst one. Definitely not the worst.
Some? A lot.
We’ve been talking about this for 3 years. For many very powerful interests either one, either family, either member of the Establishment Party is fine.
The Israeli lobby is generally not happy. They don’t like the Iran deal. The Saudi lobby (smaller but still powerful) is probably nearly as unhappy. Now the game begins on the Hill.
I was talking to someone a few months ago about the medical challenges facing our veterans and this person made the point that treating vets is very expensive. Once they pass however they are much less expensive.
This is a deeply cynical way of looking at things, and disturbing. But she said what many people are thinking.
Do I think along these lines? No. But I will say that the VA system needs to be taken apart and radically reworked. But there are too many people who make their money off of the current system for such a thing to happen anytime soon.