Category Archives: Economic Collapse
Crack Ho Economics
Geithner And Government Protect Wall Street And Dump Main Street For India
Geithner And Government Protect Wall Street And Dump Main Street For India
By William Cormier (featured with our good friend Bill’s permission – Just Another Coverup)
In a speech that will not surprise anyone, Timothy Geithner, while on a two-day visit to India, pledged that our government would “not (to) harm India’s IT outsourcing sector as it battles to create jobs at home in the worst labour market since the Great Depression of the 1930s.” He went on to state that “protectionist measures to prevent jobs from migrating outside the country would do more harm to the US than good.” As he rambled on, placing international relations and Wall Street profits ahead of millions of unemployed American workers, Geithner dug in his heels and stated:
“protectionist measures to prevent jobs from migrating outside the country would not seek to curb the investments of US companies overseas as “our fortunes are tied with the world”.”
“We are not going to go down that path,” promised Mr Geithner. “We know that it would make us weaker, not stronger.” LINK
To make matters worse, Timothy Geithner stated that the Obama Administration:
“would not seek to curb the investments of US companies overseas as “our fortunes are tied with the world”.
Who exactly is Timothy Geithner speaking for when he states that “We know that it would make us weaker, not stronger?” We need to press the White House and Mr. “Globalist Geithner” to explain exactly who he is referring to when speaking about “us.” We also need to know how and why it would make the United States weaker if we quit outsourcing American jobs and pay our citizens decent wages rather than supporting the economies of other nations throughout the world.
It is obvious the us Mr. Geithner is speaking of is Corporate America and Wall Street investors, not millions of highly qualified American workers that have had their livelihoods stripped from them by greedy corporations who have placed profit above the health and welfare of the American people. The Obama Administration’s acquiescence to corporate profits and power is nauseating and directly conflicts with his campaign promises. This is the most outrageous and misleading statement that Geithner has made to date, IMO, and we must challenge this need of President Obama to support Corporate America while stating that his administration is doing their best to prop-up our jobs market. You can’t do both Mr. President; our work force is competent and to pull us out of this “jobless recovery,” we have to create more high-tech jobs and quit outsourcing our economy and future to other countries.
How much has corporate greed aided other nations while helping to destroy our own economy? Just in India, the article referred to herein states:
IT outsourcing, which is heavily dependent on business from the US, is one of India’s flagship economic sectors. Companies such as Tata Consultancy Services, Infosys and Genpact helped propel the economy to growth rates of 9 per cent before the global financial crisis and was responsible for creating 45 per cent of new jobs over the past 10 years.
I haven’t seen these statements circulated in our Mainstream News Media, and as usual, they are reporting upon anything and everything other than what concerns the welfare of our own country. We need to spread the word that President Obama is selling out American workers and pledging to support other economies rather than our own, and this is absolutely unacceptable!
William Cormier
Editor’s Note – The story referenced from the Financial Times requires registration, for those who cannot afford to subscribe to this most important economic news in this time of national crisis I am posting the article below:
Geithner vows to block protectionism
By James Lamont in New DelhiPublished: April 7 2010 10:39 Last updated: April 7 2010 17:31
The US government has vowed not to harm India’s IT outsourcing sector as it battles to create jobs at home in the worst labour market since the Great Depression of the 1930s.
Tim Geithner, US Treasury secretary, said during a two-day visit to India that protectionist measures to prevent jobs from migrating outside the country would do more harm to the US than good.“We are not going to go down that path,” promised Mr Geithner. “We know that it would make us weaker, not stronger.”
He also said that the administration of Barack Obama, president, would not seek to curb the investments of US companies overseas as “our fortunes are tied with the world”. There have been proposals to trim the tax privileges of US companies that operate internationally.
“American companies are long in the world,” Mr Geithner told Indian business leaders at a discussion hosted by the Confederation of Indian Industry.“They are good at what much of the world needs. A huge part of the basic economic challenge we face is to give stronger in- centive for private investment, help support innovation and try to make sure there is more investment and stronger exports globally.”
Mr Geithner said Mr Obama was “deeply committed” to trying to build a consensus among Americans for more open trade to support the recovery.
“We have got the worst labour market since the Great Depression,” the Treasury secretary said. “Most Americans are still going through an incredibly difficult economic series of challenges and yet we’ve been very successful in working to keep our markets open under all that pressure.”
IT outsourcing, which is heavily dependent on business from the US, is one of India’s flagship economic sectors. Companies such as Tata Consultancy Services, Infosys and Genpact helped propel the economy to growth rates of 9 per cent before the global financial crisis and was responsible for creating 45 per cent of new jobs over the past 10 years.Last year the global IT outsourcing market was estimated to be worth as much as $250bn (€187bn, £164bn).
“Some of the sounds coming out of the US have caused concerns here,” said Tarun Das, the president of the Aspen Institute in India. Local businesses were wondering whether “the authors of globalisation are turning to protectionism”.
Senior policymakers say that the Indian economy is fast becoming more export-oriented and more vulnerable to protectionist action by other large economies.
“If we want to get to 9-10 per cent growth it’s in our interest that the US should get back to growing as soon as possible,” said Montek Singh Ahluwalia, deputy chairman of India’s powerful planning commission.
“It’s also [important] that [the] market remain open.”
In Defense of Joe Stack
Joe Stack did more than just go to the window and scream “I’m as mad as hell and I am not going to take it anymore”. He chose to make a statement against a tyrannical government long ago pried loose from any semblance of morality. Not that I would personally recommend flying an airplane into a government building full of people to make a statement but it takes a lot to shake the television lobotomized sheeple these days. Of course since Stack wasn’t one of those dirty Muslim devils, therefore making his ‘terrorist’ attack no asset to the Zionist coddling corporate media to fuel the frenzy for endless wars of imperialism his story was simply flushed down the memory hole in favor of the grand spectacle of Tiger Woods’ press conference the very next day.
Stack’s ‘manifesto’ was pure dynamite, the stuff that would represent a serious threat to the fascist oligarchy were it to get much play because quite frankly I agreed with a majority of it and so would millions of others who have gotten the shaft by this rotten to the core system. The authorized parrots for the establishment, Beck, Olbermann, Maddow, Limbaugh and their ilk did their jobs by spinning their gossamer webs of half-truths, obfuscations and outright balderdash to avoid addressing the real issues. They labeled him as a crank, a dangerous misfit who unbelievably hated our benevolent government and the patriotic and well-intentioned Internal Revenue Service. He was one of those foaming at the mouth rabid dog constitutionalists who dared to question those whose disdain for the Founding Fathers and their document protecting the people of the United States of America from the tyranny of a government that could too easily be subverted by the moneyed interests and used to suppress liberty. The reverence for the Constitution is evident in honorable men like George W. Bush who once referred to the document as “a goddamned piece of paper” or of former constitutional law professor Barack Obama who has failed to hold accountable the torturers, murderers, thieves and war criminals of the Bush administration.
At first some on the ‘left’ were trying to link Joe Stack to the insipid, long co-opted by neocon tea party movement, but Stack’s ‘manifesto’ didn’t fit nicely into the pre-defined cartoon stereotypes of the average Becker or Palinazi. Not to mention that the average ‘tea partier’ useful idiot only spouts talking points about small government and lower taxation, what they represent is just the reallocation of control of the massive government to serve THEIR needs, real or perceived and when outright totalitarian fascism does come to America it will be these shock troops who will be the first ones screaming for the torture and imprisonment of their enemies. Were this type of brutal, uneducated thug to ever gain control of the system then there will be no end to the stinking piles of naked, dead bodies of those that will provide the meat for their Caesar to feast upon.
Nor did the great Rush Limbaugh or the other multi-millionaire demagogues call him out as a ‘Socialist’ for daring to criticize our beautiful and blissful system of American ‘free-market’ capitalism that has eviscerated the free-enterprise system and busted the backs of small businesses. Joe Stack’s ‘manifesto’ could easily have been sold to the knuckle draggers as proof, yes my friends proof that the demon of communism was present in America. The ‘manifesto’ closed with “The capitalist creed: From each according to his gullibility, to each according to his greed” and red-baiting neo-McCarthyist scum like Limbaugh, Beck and O’Reilly would have had no problem rousing their rabble in the same manner that they did after the strange shooting incident at Fort Hood but Stack didn’t fit into their trite cookie-cutter storyline. The fiends in the corporate media and their paymasters understood that in hyping Stack’s ‘manifesto’ that they were playing with fire given the climate of fear, desperation, dread and rage that they have so merrily assisted in creating.
But what did Joe Stack really say?
He had problems with the IRS and the government just like millions of others do but who aren’t driven to violence out of pure desperation. Americans are ripped off by the IRS on a daily basis to provide the money to cover the blown-up schemes of the treasonous financial oligarchs, to finance illegal and immoral wars, CIA terrorism, foreign aid to Israeli to carry out genocide and to metaphorically dig our own graves and pay for the shovels to do so. The IRS and the tyranical government are currently extorting our money to implement a monstrous anti-American high-tech police state that provides food for a massive for profit prison system that any of you who are reading this could one day end up in.The nation’s airports are abominable examples of just how little privacy and the presumption of innocent until proven guilty matter in the new American century. Nude body scanners are now being funded with taxpayer dollars and the same scanners will in the future be coming to shopping malls as well, all under the big lie of fighting terrorism which will soon be defined to include even people with grievances against the IRS, the wars and the government who don’t fly airplanes into buildings.
And there is also Stack’s criticism of the loathsome Catholic Church, we sure as hell can’t have any sort of idea take root questioning the legitimacy of those in the God business to use their tax exempt status to weasel out of paying Caesar. The Catholic Church has for centuries been a murderous conclave of bloodthirsty power whores intent on enforcing their narrow-mindedness on the poor dupes who need religion as a crutch for their fear and innate savagery. Name me one institution with as long a history of slaughter, rape, theft and greed as the Catholic Church. The immorality of their former Nazi Pope and their pedophile priests is only surpassed by their worship of mammon and the tax exempt status pisses on the Ten Commandments rule of ‘Thou Shalt Not Steal’ as surely as their crusades and inquisitions spat upon ‘Thou Shalt Not Kill’. Stack’s condemnation of this pox on human history could not be tolerated for it may lead to similar questioning of the filthy ‘Christian’ churches and their like theft while the goat barn megachurches from where pulpits are used as perches where finely clothed charlatans preach political purely right-wing fascist Republican messages of hatred for the fellow man, exhortations to wage war and commit genocide in the name of Zionist Israel and to bastardize the holy book by twisting the message of Jesus Christ to transform him into nothing more than a pimp for the money changers and blood barters.
The right-wing ‘Christian’ churches in America are an obscenity and the blasphemy that is belched forth during the demonic sermons and over tax-exempt propaganda networks of hundreds if not thousands of television and radio stations is an abomination. Not only are these organizations able to benefit from avoiding the I.R.S. while ordinary Americans are taken to the wall over the slightest ‘violation’ they contribute to the foul rottenness of our corrupt political system by laundering and funneling money to demagogic stooges who are then sent to the big Washington D.C. whorehouse to serve corporate interests and stick it to the poor dumb bitches and bastards whose superstition and need for sanctioning of their hate and fear that bought into that swill and send them there. Not only should religious organizations be stripped permanently of their tax-exempt status but the Justice Department should send forth an army of investigators to enforce the RICO act against those found to be unfairly benefiting by acting as de facto arms of the criminal Republican party. But that would be an action of a government that serves the interest of the common good of the many instead of the corrupt few.
Joe Stack also called out the death panels that are the territory of the American insurance parasites and their bean counters who make the call on whether to pay or deny a claim and anyone familiar with the U.S. corporate communist collective knows all too well the hive mentality of boosting the blessed profits for the benefit of CEO pharaohs. Too much money has been spent in the past year by the lobbyists for big Pharma, the health care profiteers and the foulest of all, the insurance racket to upset the applecart. Obama and the DemocRAT party’s foul smelling bailout of the insurance industry marked as some sort of actual reform instead of just another massive fleecing of the American taxpayer to grease the wheels of the finance oligarch’s perpetual scam machine was an atrocity at best from the beginning. There was no chance that any humane form of a single payer system as could be expected in a civilized society was ever going to have a chance in hell, there is too much money to be made in profiting off of the misery of the sick and doomed. Even a piss-warm, watered down bill with some sort of public option was never going to happen and with lucrative post-politics lobbying jobs on the line our cowardly and corrupt Congress people and Senators would surely not dare to go against the financial interests of those who own them. What Obamacare really amounted to at the end is the use of the full force of the state as a threat to forcibly mandate an already beggared by the corporate looting spree populace to buy overpriced, shitty insurance from the same bloodsuckers that have destroyed the system. The teabaggers came in handy during the media circus of the ludicrous town hall meetings during last summer’s recess when they descended en masse like Hitler’s own Sturmabteilung to disrupt and threaten already gutless elected officials. The media of course played this into a full blown lie of some sort of great populist revolt when the elements that receive the most attention were in actuality Astroturf fronts for pigs like the scurrilous Dick Armey and the insipid neocons of Newt Gingrich. Most recently seen uniting behind neocon darling Sarah Palin who is exhorting them to sign up for lifetime membership in the Republican cult.
Joe Stack wrote of the rigged game that is American capitalism, anyone who has paid attention to the bailouts of the bankers by Federal Reserve and Goldman Sachs moles burrowed deeply into both the Bush and Obama administrations understands that the deck was stacked in favor of the pigs from the get go. You didn’t see any of the teabagger swine marching on Wall Street or reacting in outrage to the militarizing of the city of Pittsburgh to protect the global elite during last year’s G20 summit did you? The massive crimes by the speculators and banksters like AIG, Goldman Sachs, J.P. Morgan Chase and the rest of the looters should have been punished, there should have been prison terms and expropriations of pilfered loot to return to the victims who these criminals fleeced to finance their extravagant lifestyles. Again, that is what would have happened in any decent society with a government that wasn’t thoroughly corrupted and hijacked and we poor, fucked-over and fucked-out Americans certainly don’t have the privilege of living in one, at least not anymore. The United States of America is going bankrupt, the choice between Empire and republic has been made and when Generals McChrystal and
Petraeus were given free reign to escalate in Afghanistan the Rubicon was crossed. There cannot be guns and butter and the ploughshares are worth nothing in comparison to the swords that can be sold by the Military Industrial Complex to all sides of any conflict, our top exportable commodity is death and our emperors fiddle while Der Heimat crumbles. Crumbling infrastructure, millions of sick, homeless and jobless, the sad and hollow-eyed diaspora of the zero sum game of ‘fuck you, I got mine’ capitalism and they are pissed off but so many are so easily given illogical scapegoats for their all too logical rage. Where were the teabagger swine when all of this went down, an even bigger question is where were the teabagger swine when Bush and Cheney had the national credit card and the keys to the war machine? The same place where the bleeding heart types were when the Obamessiah escalated the carnage in Afghanistan and were given cover by Medea Benjamin of Code Pink who was down with it all because it was now a war to liberate oppressed women, the myth of liberal pacifism is just another big lie when they are the ones who can bask in the glory of the latest and greatest imperialist war.
The government and the system it serves know all too well how much legitimate anger is currently out there, I can hear it daily whether it be in grocery store checkout lines, gas stations or restaurants, a growing realization that the system itself is the enemy. Joe Stack struck a blow against that system in the way that he hoped would shake it and awaken the zombies from their fitful sleep but sadly it won’t because the ever glowing televisions, the ultimate drug delivery device (the Nazis were in awe of the capabilities of TV and were experimenting with the medium when Berlin fell) for that sweet, narcotic E-crack will ensure that they will continue to shuffle one after another into the steel chute, they may or may not realize what has happened when they reach the end and the captive bolt pistol comes to rest between their thousand yard staring eyes to bring an end to their pathetic excuse for what passes for consciousness. Hell, in a land where any serious comprehensive definition of democracy has come to be exemplified by American Idol and Jack Bauer has become a national icon maybe the coming damnation is deserved. The Founding Fathers knew all too well the dangers of a willfully ignorant and easily duped populace and a perfect example of eugenics American style would be in a call that I heard Friday morning on the Bill Press Show during the morning commute in which some clueless ass proposed eliminating the First Amendment as a remedy to more Joe Stacks deciding that they are as mad as hell and not going to take it anymore.
Now in wrapping up this rant I want to unequivocally state that I do not agree with stack when he stated that violence is the “only” answer for that is NOT the solution. Firstly the government has bigger guns, armies of militarized police goons and a crackerjack high-tech police state that has been put into place using the phony ‘terrorist’ attacks of 9/11 as justification. If those who choose violence are numerous enough then it would be a simple matter of the president picking up the phone and invoking his powers to declare martial law, the power that the dumb bastard Republicans gave to George W. Bush and his NSPD51 that Barack Obama has not rescinded. If you choose violence you will be crushed, never, ever should you underestimate the ability of a tyrannical state to reciprocate with extreme prejudice and maximum brutality against those that threaten it with violence. The REAL answer is to delegitimize the state, withhold your willing consent, protest against the war machine and debunk the ultimate lie that is faith in this monstrous system. The political system is nothing more than two dueling and largely interlocking criminal parties that will grind your bones to make their bread in order to serve the oligarchs.
The politically connected scum like for example Goldman Sachs and GM get bailouts while regular Americans who have played by the rules get their jobs offshored to India, China or some lousy third world shithole where there are no labor unions nor laws to protect the slave populations. How many jobs have been lost since NAFTA started the ball rolling and the criminal Bush administration cloaked itself in the flag under the phony war on terror and escalated the strip-mining of the American economy in the name of greed? President Obama lied when he campaigned for the presidency by indicating that these rotten trade pacts that screw hard working, decent and honest Americans into lives of privation and strip away their dignity would be re-examined. Globalization has been a disaster for all but the wealthiest Americans and the pigs that run the corporations that are given more human rights by our putrid and corrupted to the core legal system that was long ago bought and paid for and now has sold out those that it was theoretically supposed to protect for pennies on the dollar. The change that Obama promised is chump change and those jobs are NEVER coming back just as the vile moneychangers on Wall Street will NEVER be held accountable for crashing the economy but rather bailed out with the pound of flesh from every American that is extracted by the Big Brother IRS man. That Obama is a liar should be a shock to nobody who is awake, a poison tree produces only poison fruit and in America in 2010 the entire fucking orchard is infected. Obama, like his predecessors is by every definition a war criminal and a tyrant, this is the system, the Empire and it is all wrapped in the flag and sent out carrying a cross to give it legitimacy when it has none. As George Santayana once famously warned “those who cannot learn from history are doomed to repeat it” and anyone who knows anything at all about history understands that power ALWAYS corrupts and tyranny is the norm.
No, I do not agree with Joe Stack about violence, ideas are much more powerful than bullets and bombs or airplanes flown into buildings. To spread the truth, the idea that there is no legitimacy to be found in this monstrous system of greed, murder and a prison industrial complex that rivals that of Joseph Stalin’s gulags and that in America there are really only two life forms – vampires and cattle – is far more dangerous to the system. This is why Joe Stack’s words were washed away immediately by the truly relevant and all-important news of the holy words of Tiger Woods, the Jesus Christ of the American church of wonder-working celebrity crucified and arisen anew while the fires at the Echelon Building were still smoldering. The truth is what the political prostitutes, professional con-artists, schemers, butchers and bankers fear the most for it is the only thing that will end the reign of tyranny and allow the people to regain control over their own destinies, their own government and the future of their children.
Expose the bastards, the time is ripe for a non-violent revolution but it is running out…
EE
Joe Stack’s ‘Manifesto’ fished out of the memory hole.
If you’re reading this, you’re no doubt asking yourself, “Why did this have to happen?” The simple truth is that it is complicated and has been coming for a long time. The writing process, started many months ago, was intended to be therapy in the face of the looming realization that there isn’t enough therapy in the world that can fix what is really broken. Needless to say, this rant could fill volumes with example after example if I would let it. I find the process of writing it frustrating, tedious, and probably pointless… especially given my gross inability to gracefully articulate my thoughts in light of the storm raging in my head. Exactly what is therapeutic about that I’m not sure, but desperate times call for desperate measures.
We are all taught as children that without laws there would be no society, only anarchy. Sadly, starting at early ages we in this country have been brainwashed to believe that, in return for our dedication and service, our government stands for justice for all. We are further brainwashed to believe that there is freedom in this place, and that we should be ready to lay our lives down for the noble principals represented by its founding fathers. Remember? One of these was “no taxation without representation”. I have spent the total years of my adulthood unlearning that crap from only a few years of my childhood. These days anyone who really stands up for that principal is promptly labeled a “crackpot”, traitor and worse.
While very few working people would say they haven’t had their fair share of taxes (as can I), in my lifetime I can say with a great degree of certainty that there has never been a politician cast a vote on any matter with the likes of me or my interests in mind. Nor, for that matter, are they the least bit interested in me or anything I have to say.
Why is it that a handful of thugs and plunderers can commit unthinkable atrocities (and in the case of the GM executives, for scores of years) and when it’s time for their gravy train to crash under the weight of their gluttony and overwhelming stupidity, the force of the full federal government has no difficulty coming to their aid within days if not hours? Yet at the same time, the joke we call the American medical system, including the drug and insurance companies, are murdering tens of thousands of people a year and stealing from the corpses and victims they cripple, and this country’s leaders don’t see this as important as bailing out a few of their vile, rich cronies. Yet, the political “representatives” (thieves, liars, and self-serving scumbags is far more accurate) have endless time to sit around for year after year and debate the state of the “terrible health care problem”. It’s clear they see no crisis as long as the dead people don’t get in the way of their corporate profits rolling in.
And justice? You’ve got to be kidding!
How can any rational individual explain that white elephant conundrum in the middle of our tax system and, indeed, our entire legal system? Here we have a system that is, by far, too complicated for the brightest of the master scholars to understand. Yet, it mercilessly “holds accountable” its victims, claiming that they’re responsible for fully complying with laws not even the experts understand. The law “requires” a signature on the bottom of a tax filing; yet no one can say truthfully that they understand what they are signing; if that’s not “duress” than what is. If this is not the measure of a totalitarian regime, nothing is.
How did I get here?
My introduction to the real American nightmare starts back in the early ’80s. Unfortunately after more than 16 years of school, somewhere along the line I picked up the absurd, pompous notion that I could read and understand plain English. Some friends introduced me to a group of people who were having ‘tax code’ readings and discussions. In particular, zeroed in on a section relating to the wonderful “exemptions” that make institutions like the vulgar, corrupt Catholic Church so incredibly wealthy. We carefully studied the law (with the help of some of the “best”, high-paid, experienced tax lawyers in the business), and then began to do exactly what the “big boys” were doing (except that we weren’t steeling from our congregation or lying to the government about our massive profits in the name of God). We took a great deal of care to make it all visible, following all of the rules, exactly the way the law said it was to be done.
The intent of this exercise and our efforts was to bring about a much-needed re-evaluation of the laws that allow the monsters of organized religion to make such a mockery of people who earn an honest living. However, this is where I learned that there are two “interpretations” for every law; one for the very rich, and one for the rest of us… Oh, and the monsters are the very ones making and enforcing the laws; the inquisition is still alive and well today in this country.
That little lesson in patriotism cost me $40,000+, 10 years of my life, and set my retirement plans back to 0. It made me realize for the first time that I live in a country with an ideology that is based on a total and complete lie. It also made me realize, not only how naive I had been, but also the incredible stupidity of the American public; that they buy, hook, line, and sinker, the crap about their “freedom”… and that they continue to do so with eyes closed in the face of overwhelming evidence and all that keeps happening in front of them.
Before even having to make a shaky recovery from the sting of the first lesson on what justice really means in this country (around 1984 after making my way through engineering school and still another five years of “paying my dues”), I felt I finally had to take a chance of launching my dream of becoming an independent engineer.
On the subjects of engineers and dreams of independence, I should digress somewhat to say that I’m sure that I inherited the fascination for creative problem solving from my father. I realized this at a very young age.
The significance of independence, however, came much later during my early years of college; at the age of 18 or 19 when I was living on my own as student in an apartment in Harrisburg, Pennsylvania. My neighbor was an elderly retired woman (80+ seemed ancient to me at that age) who was the widowed wife of a retired steel worker. Her husband had worked all his life in the steel mills of central Pennsylvania with promises from big business and the union that, for his 30 years of service, he would have a pension and medical care to look forward to in his retirement. Instead he was one of the thousands who got nothing because the incompetent mill management and corrupt union (not to mention the government) raided their pension funds and stole their retirement. All she had was social security to live on.
In retrospect, the situation was laughable because here I was living on peanut butter and bread (or Ritz crackers when I could afford to splurge) for months at a time. When I got to know this poor figure and heard her story I felt worse for her plight than for my own (I, after all, I thought I had everything to in front of me). I was genuinely appalled at one point, as we exchanged stories and commiserated with each other over our situations, when she in her grandmotherly fashion tried to convince me that I would be “healthier” eating cat food (like her) rather than trying to get all my substance from peanut butter and bread. I couldn’t quite go there, but the impression was made. I decided that I didn’t trust big business to take care of me, and that I would take responsibility for my own future and myself.
Return to the early ’80s, and here I was off to a terrifying start as a ‘wet-behind-the-ears’ contract software engineer… and two years later, thanks to the fine backroom, midnight effort by the sleazy executives of Arthur Andersen (the very same folks who later brought us Enron and other such calamities) and an equally sleazy New York Senator (Patrick Moynihan), we saw the passage of 1986 tax reform act with its section 1706.
For you who are unfamiliar, here is the core text of the IRS Section 1706, defining the treatment of workers (such as contract engineers) for tax purposes. Visit this link for a conference committee report (http://www.synergistech.com/1706.shtml#ConferenceCommitteeReport) regarding the intended interpretation of Section 1706 and the relevant parts of Section 530, as amended. For information on how these laws affect technical services workers and their clients, read our discussion here (http://www.synergistech.com/ic-taxlaw.shtml).
SEC. 1706. TREATMENT OF CERTAIN TECHNICAL PERSONNEL.
(a) IN GENERAL – Section 530 of the Revenue Act of 1978 is amended by adding at the end thereof the following new subsection:
(d) EXCEPTION. – This section shall not apply in the case of an individual who pursuant to an arrangement between the taxpayer and another person, provides services for such other person as an engineer, designer, drafter, computer programmer, systems analyst, or other similarly skilled worker engaged in a similar line of work.
(b) EFFECTIVE DATE. – The amendment made by this section shall apply to remuneration paid and services rendered after December 31, 1986.
Note:
· “another person” is the client in the traditional job-shop relationship.
· “taxpayer” is the recruiter, broker, agency, or job shop.
· “individual”, “employee”, or “worker” is you.
Admittedly, you need to read the treatment to understand what it is saying but it’s not very complicated. The bottom line is that they may as well have put my name right in the text of section (d). Moreover, they could only have been more blunt if they would have came out and directly declared me a criminal and non-citizen slave. Twenty years later, I still can’t believe my eyes.
During 1987, I spent close to $5000 of my ‘pocket change’, and at least 1000 hours of my time writing, printing, and mailing to any senator, congressman, governor, or slug that might listen; none did, and they universally treated me as if I was wasting their time. I spent countless hours on the L.A. freeways driving to meetings and any and all of the disorganized professional groups who were attempting to mount a campaign against this atrocity. This, only to discover that our efforts were being easily derailed by a few moles from the brokers who were just beginning to enjoy the windfall from the new declaration of their “freedom”. Oh, and don’t forget, for all of the time I was spending on this, I was loosing income that I couldn’t bill clients.
After months of struggling it had clearly gotten to be a futile exercise. The best we could get for all of our trouble is a pronouncement from an IRS mouthpiece that they weren’t going to enforce that provision (read harass engineers and scientists). This immediately proved to be a lie, and the mere existence of the regulation began to have its impact on my bottom line; this, of course, was the intended effect.
Again, rewind my retirement plans back to 0 and shift them into idle. If I had any sense, I clearly should have left abandoned engineering and never looked back.
Instead I got busy working 100-hour workweeks. Then came the L.A. depression of the early 1990s. Our leaders decided that they didn’t need the all of those extra Air Force bases they had in Southern California, so they were closed; just like that. The result was economic devastation in the region that rivaled the widely publicized Texas S&L fiasco. However, because the government caused it, no one gave a shit about all of the young families who lost their homes or street after street of boarded up houses abandoned to the wealthy loan companies who received government funds to “shore up” their windfall. Again, I lost my retirement.
Years later, after weathering a divorce and the constant struggle trying to build some momentum with my business, I find myself once again beginning to finally pick up some speed. Then came the .COM bust and the 911 nightmare. Our leaders decided that all aircraft were grounded for what seemed like an eternity; and long after that, ‘special’ facilities like San Francisco were on security alert for months. This made access to my customers prohibitively expensive. Ironically, after what they had done the Government came to the aid of the airlines with billions of our tax dollars … as usual they left me to rot and die while they bailed out their rich, incompetent cronies WITH MY MONEY! After these events, there went my business but not quite yet all of my retirement and savings.
By this time, I’m thinking that it might be good for a change. Bye to California, I’ll try Austin for a while. So I moved, only to find out that this is a place with a highly inflated sense of self-importance and where damn little real engineering work is done. I’ve never experienced such a hard time finding work. The rates are 1/3 of what I was earning before the crash, because pay rates here are fixed by the three or four large companies in the area who are in collusion to drive down prices and wages… and this happens because the justice department is all on the take and doesn’t give a fuck about serving anyone or anything but themselves and their rich buddies.
To survive, I was forced to cannibalize my savings and retirement, the last of which was a small IRA. This came in a year with mammoth expenses and not a single dollar of income. I filed no return that year thinking that because I didn’t have any income there was no need. The sleazy government decided that they disagreed. But they didn’t notify me in time for me to launch a legal objection so when I attempted to get a protest filed with the court I was told I was no longer entitled to due process because the time to file ran out. Bend over for another $10,000 helping of justice.
So now we come to the present. After my experience with the CPA world, following the business crash I swore that I’d never enter another accountant’s office again. But here I am with a new marriage and a boatload of undocumented income, not to mention an expensive new business asset, a piano, which I had no idea how to handle. After considerable thought I decided that it would be irresponsible NOT to get professional help; a very big mistake.
When we received the forms back I was very optimistic that they were in order. I had taken all of the years information to Bill Ross, and he came back with results very similar to what I was expecting. Except that he had neglected to include the contents of Sheryl’s unreported income; $12,700 worth of it. To make matters worse, Ross knew all along this was missing and I didn’t have a clue until he pointed it out in the middle of the audit. By that time it had become brutally evident that he was representing himself and not me.
This left me stuck in the middle of this disaster trying to defend transactions that have no relationship to anything tax-related (at least the tax-related transactions were poorly documented). Things I never knew anything about and things my wife had no clue would ever matter to anyone. The end result is… well, just look around.
I remember reading about the stock market crash before the “great” depression and how there were wealthy bankers and businessmen jumping out of windows when they realized they screwed up and lost everything. Isn’t it ironic how far we’ve come in 60 years in this country that they now know how to fix that little economic problem; they just steal from the middle class (who doesn’t have any say in it, elections are a joke) to cover their asses and it’s “business-as-usual”. Now when the wealthy fuck up, the poor get to die for the mistakes… isn’t that a clever, tidy solution.
As government agencies go, the FAA is often justifiably referred to as a tombstone agency, though they are hardly alone. The recent presidential puppet GW Bush and his cronies in their eight years certainly reinforced for all of us that this criticism rings equally true for all of the government. Nothing changes unless there is a body count (unless it is in the interest of the wealthy sows at the government trough). In a government full of hypocrites from top to bottom, life is as cheap as their lies and their self-serving laws.
I know I’m hardly the first one to decide I have had all I can stand. It has always been a myth that people have stopped dying for their freedom in this country, and it isn’t limited to the blacks, and poor immigrants. I know there have been countless before me and there are sure to be as many after. But I also know that by not adding my body to the count, I insure nothing will change. I choose to not keep looking over my shoulder at “big brother” while he strips my carcass, I choose not to ignore what is going on all around me, I choose not to pretend that business as usual won’t continue; I have just had enough.
I can only hope that the numbers quickly get too big to be white washed and ignored that the American zombies wake up and revolt; it will take nothing less. I would only hope that by striking a nerve that stimulates the inevitable double standard, knee-jerk government reaction that results in more stupid draconian restrictions people wake up and begin to see the pompous political thugs and their mindless minions for what they are. Sadly, though I spent my entire life trying to believe it wasn’t so, but violence not only is the answer, it is the only answer. The cruel joke is that the really big chunks of shit at the top have known this all along and have been laughing, at and using this awareness against, fools like me all along.
I saw it written once that the definition of insanity is repeating the same process over and over and expecting the outcome to suddenly be different. I am finally ready to stop this insanity. Well, Mr. Big Brother IRS man, let’s try something different; take my pound of flesh and sleep well.
The communist creed: From each according to his ability, to each according to his need.
The capitalist creed: From each according to his gullibility, to each according to his greed.
Joe Stack (1956-2010)
02/18/2010
A Happy Holiday Hosing to All
Christmas is coming and it will be a sad occasion in the tent cities and other homeless shelters that are a result of the mammoth, sans lube ass fucking delivered by the American oligarchy and it’s whores like that vile corrupt little bastard Joe Lieberman in D.C., Wall Street bagman Barack Obama has delivered a veritable sleighful of same old shit instead of the change that was promised, the worn and threadbare stockings are going to be as empty as his campaign promises and the souls of Wall Street bankers. In yet another of the craven cave-ins by the Vichy DemocRAT party the shit pit Senate commanded by one former Nevada Gaming Commissioner Harry Reid has gutted any sort of health care ‘reform’ short of arming the insurance parasites and empowering them to force the financially doomed to buy protection money, considering Harry’s rumored affiliation with organized crime is it really any surprise that it came to this? Yesterday it was Lansky Lieberman’s baseball bat strike to the kneecaps that killed the new 55 year old age lowering for Medicare eligibility (which would satisfy my personal needs – fuck everyone else and the public option too…I am going native in the land of ‘fuck you I got mine) and today it’s smacking down the importation of pharmaceuticals from Canada. Bring out the leeches! Oh, don’t bother, they’re already here.
So we once again arrive at the ‘most wonderful time of the year’, the right-wing freaks are again shrieking about the phony librul [sic] War on Christmas, this time plumbing the depths of the deranged mind of peckerwoods, Beckers and Palinazis with the ludicrous claim that phony librul Obama had scheduled his presidential address on December 1st to preempt that great American traditional holiday treat A Charlie Brown Christmas. This latest upchucking of fascist media bile even tops the typical Yuletide green vomit spew of Bill O’Reilly and the rest of the FOX Nazis, it seems to me that for one thing Obama was giving the speech to announce the escalation of the war in Afghanistan and we all know that war and murdering Muslim babies is as beloved to the savage chickenhawk cowards on the right as Grandma’s sweet potato pie and secondly wasn’t one of the big themes of A Charlie Brown Christmas the creeping commercialism that had taken over Christmas to begin with? I mean here in the near fully evolved Capitalist shithole of dog eat dog Murka Santa and the retailers, credit card companies and Madison Avenue pimps long ago triumphed over Jesus who has played second banana to the jolly fat man in the red suit for decades now. Gotta give it to the right wing freaks, their sense of history is as distorted as ever and it’s just more piss in the egg nog for everyone else.
So anyway, I want to throw out a few Christmas thoughts before my annual holiday hiatus from blogging (I will return after the first of the year) and foremost I want to give a nice big thank you to Citibank’s top flesh eating buzzard Vikram ‘the bandit’ Pandit. Your government subsidized den of usury and iniquity sent me out a nice little statement on my credit cards (which I had for year and NEVER missed a payment date on) that announced that I could either choose to keep your little plastic devil cards and agree to a 30 + percent interest rate or opt-out by a specified date and keep my old terms. Thanks for the warning fuckwad and thanks even more for this list of stuff that I, Ed Encho have put on your cards prior to my opting out and then advising my lawyer to send you my intention to file bankruptcy letters in the next few months:
1 – 2 year subscription to International Socialist Review
1 – digital camera
1 – Blu Ray player
1 – Inglourious Basterds Blu Ray
1 – Dark Knight Blu Ray
1 – Gladiator Saphire Edition Blu Ray
1 – V for Vendetta Blu Ray
1 – Acer Netbook mini-computer
1 – iPod nano 6th generation (16 gbs)
5 – cases Samuel Adams beer
4 – cases Budweiser
3 – 1.75 liter bottles of Captain Morgan’s Spiced Rum
1 – 1.75 liter bottle of Grand Marnier
2 – Quarts of Jack Daniels sippin’ whiskey
4 – Gallons assorted Gallo jugs of wine
3 – Spiral Sliced Hams (avg. 7 lbs)
2 – Butterball frozen turkey breasts
5 – lbs gourmet coffee
1 – programmable deluxe coffee maker
5 – Assorted Video Games
1 – Drive By Truckers CD
1 – REM Live CD
1 – Each remastered Beatles CD’s (Abbey Road, White Album, Sgt. Pepper)
5 – pounds fresh 20-25 shrimp
5 – pounds fresh snow crab legs
2 – Boxes of 48 miniature cordial chocolate liquor bottles
2 – Cheescake Factory 12 individual sliced cheesecakes
10 lbs – Planters Dry Roasted peanuts
5 lbs – Macadamia nuts
6 – Assorted dog chew toys (moose, duck, bobo, holiday bobo, raccoon, pig and hedgehog)
1 – Deluxe dog bed
1 – Dinner for four at the Outback restaurant along with appetizers (the coconut shrimp are just fucking great) and drinks.
So you little pigfucker, I would like to thank you from myself, my family and my friends for all of the great swag that I have run up in the last few weeks on Citi’s dole and I still have nine more shopping days to go, just under 2,000 left (can you say PARTY TIME) of available credit and thirteen more days until the opt out deadline. I would strongly encourage every other American who is on to the scam to do likewise. It’s a way to boost the economy by buying shit during the season and to shaft you sleazy pricks on the back end.
And if there is anything I hate more than the very concept of Christmas and what it has mutated into in Capitalist America – malls full of morons, political operatives using the season to pander to the angry white fuckwads who have been deprived of it all for their entire pathetic lives, having to be nice to people who you ordinarily would sooner rip their throats out, relatives straight out of National Lampoon’s Christmas Vacation – it is the inconvenient little truth that it’s not even Jesus’s birthday, it is an arbitrary date plucked from the ass of the Roman Emperor Constantine in something like the Fourth Century, don’t tell that to the Palinazi zombies though. You see my friends, Christmas is bullshit, it has been eaten alive by Santa Claus and same pus filled, four-flushing scumbags who are arbitrarily altering the rules on credit card accounts in the aftermath of their bloodsucking feast at the taxpayer trough. It’s all phony and here in Chumpland the suckers eat it up.
And one of the most hypocritical and dishonest aspects of the holiday season is having to pretend to like people who are complete assholes, ignoramuses, blowhards, bigots and the worst of them all: Republicans. A wasted night, usually on a Saturday when there are the NCAA football conference championship games on and spent amidst a gaggle of boring, self-centered idiots who know nothing of history, economics, civics or a concept of what really goes on in the world that is more advanced than the cartoon bullshit that passes for the news in this rotting empire. I must qualify my disdain for these parties in that I do make a distinction between family gatherings and parties with close friends rather than co-workers or the even more dreadful spouse’s co-workers. These affairs are intolerable, the music sucks, the company is bad and often times since they are pot luck events the food is even worse.
A particularly embarrassing and rather disgusting experience that has haunted me for quite awhile comes to mind. One year despite knowing better I allowed myself to be dragged to a Christmas party despite having a gastrointestinal virus (not a good thing for those who suffer from the dreaded I.B.S. to begin with. Now at this party there were about thirty people crammed into a smallish two bedroom suburban house with one and a half bathrooms. Now when the beer and booze are flowing at these sort of soirees there is always a wait for the use of the facilities as the evening goes on. Now combine the aforementioned gastrointestinal virus, I.B.S. and some food that is served (I believe that it was some sort of dip that did it) are a seriously problematic combination. Now when you take into consideration the long lines to use the john, the perfect storm comes together, a category four bowel storm to put it more precisely.
By the time that I painfully winded my way down the hallway, doubled over in agony and feeling like the alien was gestating inside of me I was able to make it inside the bathroom. My pants were already down before the door was fully closed and I just managed to park upon the porcelain a split second before what felt like three cubic feet of volcanic mud erupted from my ass at terminal velocity. I know that this is pretty gross but now comes the truly horrifying part. The shitstorm was so fierce that it flew up the back of the throne and soaked the synthetic fur cover of the toilet seat. So now in addition to having a hallway full of angry revelers about to piss in their pants ready to break down the door it was necessary to work very quickly to wash out the toilet cover – unfortunately it was the half bath so the sink was the only place available. The best that I could do was to get the festive Christmas red and white fur toilet seat cover back to more of a maroon and beige and then still half dripping back onto the lid which I propped up again and slithered away hoping that nobody would make the connection and blame me for it. Then I immediately got into my car without saying goodbye and drove like hell away from the scene of the crime.
Now before anybody gets a really negative idea about my character I must admit that I made the whole thing up but you get the point. I did however attend a party once where a lady from the office got so shitfaced that she passed out on the boss’s bed and then once the room started spinning out of control vomited a malodorous mess of jungle juice punch, egg nog and half-digested mini-meatballs and little smokies all over what looked to be a very expensive white fur comforter. Since I loathed both of them I laughed so hard that I nearly really did shit my pants.
If there is a silver lining to the coming economic collapse it is that the caterwauling little monsters at the mall will no longer be able to get everything that they want because daddy and mommy’s plastic is maxed out once and for all. This country has been submerged in shit largely because of the ignorant toxic waste generation who were children during the Reagan years along with their greedy, self-indulgent, boorish materialism who have for too long been taught that ignorance is a virtue and who have been weaned suckling at the tit of instant gratification. For the first time in these little spoiled brat’s lives they are going to finally learn the meaning of the word NO because after the dismal results for this holiday season are announced there will be more store and restaurant closures, commercial property defaults and millions of additional lost jobs as corporations continue to cut deeper to the bone with no further vision than the quarterly earnings statement. The corporations who rigged the system to monopolize America are now going to have to deal with something entirely new – a beggared population who can’t afford a pack of fucking ramen noodles let alone the must have junk and gadgetry that all children ages 3 to 70 with an available line of credit have become accustomed to. I really hope that the coming hardship and era of austerity will make better people of the average American (and this starts with the children) ‘consumer’ (I hate that term, it’s so fucking dehumanizing) as they are forced to live within their means and to enjoy the simple things in life. Hell, my grandparents and their generation survived a depression, fought a world war, were civically active and well informed and managed to create the most advanced and wealthy society in modern history before the baby boomers and Generation Reagan fucked it all up.
So you happy hosed Murkans this is it for this morning’s rant and for the rat bastard plague year of 2010 when even the illusion of being fucked with a smile was shattered. HO HO HO and may your holiday be bright.
Just my two cents over the morning cup o’ joe
EE
ps: During a visit to my local Borders on last week’s Citibank sponsored shopping spree I was a bit aghast to see a pyramid built out of hundreds of Glenn Beck’s ghostwritten hunk of asswipe Arguing With Idiots (you know, the one with Dear Leader on the cover in a fucking East German Stasi uniform) along with smaller displays of Sarah Palin’s ghostwritten tome and for good measure another nice display of Glenn Beck’s Christmas Sweater book (a straightjacket would be far more appropriate). Borders and the rest of the retailers should just do the right thing and donate all of that overpriced, moronic drivel to the poor so that they can burn something in their fireplaces for heat this winter. Happy Holidays to All!
DOOR BUSTERS!
All you zombies hide your faces
All you people in the street
All you sittin’ in high places
The pieces gonna fall on you
Anyway, Ed Encho has received those dirty little notices from his own credit cards and has been in the process of spending like a drunken sailor on the first Friday in a new port. Not that I am one to hit the doorbuster sales, especially after last year’s bloody Black Friday Wal Mart mosh pit, quite honestly I don’t care about the deals nor the unwashed rabble who will be engaged in mortal combat in the aisles like something out of that $12.99 Braveheart Blu Ray. My mind is made up that all of the shit’s going to end up in bankruptcy court next year anyway (at least in my case) so it’s time to finish building the library, upgrade all of the electronics and lay in enough non-perishable goods, bullets and whiskey for the perfect storm (to borrow a term from the lovely and effervescent Diane G.) that is about to make landfall. I have no intention of paying those rancid cocksuckers (other than the ones who were honest and honored their end of the bargain who I will pay – hint – none of them got the Obama and Bush billions) nor should anyone else, fuck them, I piss down their throats. The joke’s on us folks, meet the new boss same as the old boss and the pigs won again…..at least for now.
For the peasants as you say there are always canned goods, my pantry has been filled up for over a year now and I would advise everyone to do likewise. The one place that you DO NOT want to be is out there fighting for food with the rabble Palinazis and Beckers when the shit really does hit the fan and the economic tsunami makes a direct hit that none of the shills in the corporate media will be able to spin. I would not want to be a dog or cat in an impoverished household this Christmas when the cupboard is bare and the stockings are on freezing feet instead of hung by the chimney with care and the furniture is taking the place of the yule logs in the fireplace to prevent the kiddies from freezing to death.
Common Sense 2009
The word has come from on high, the economy is robust and recovering, Bernanke is GOD and the Obamessiah is well on the way to leading parasite health insurance companies to the promised land where they will join the usurers. Of course this is all nonsensical hogwash carefully shoveled like so much manure by a corrupt corporate media that primarily exists to protect the interests of the status quo. So as America now contines to sink into debt so as to preserve the status quo and the oligarchy, as Obama and Raht Emanuel have sold us all out for chump change and the screws keep getting tighter what is next? For one thing there is a huge oil price spike coming as speculators are driving up the price of the barrel proportionate to the reflation of the bailout bubble. Think of the economic devastation that $4.00 plus per gallon of gasoline and the accompanying upward spiral in food costs last year, this time there isn’t the phony dog and pony show election to keep the bastards in check. Soon it comes down to the people themselves. Today I am going to offer up this righteous piece by Hustler Magazine founder Larry Flynt, a crusader for civil liberties and freedom of speech and a man that stood up to the bastards and won.
Common Sense 2009
By Larry Flynt
The American government — which we once called our government — has been taken over by Wall Street, the mega-corporations and the super-rich. They are the ones who decide our fate. It is this group of powerful elites, the people President Franklin D. Roosevelt called “economic royalists,” who choose our elected officials — indeed, our very form of government. Both Democrats and Republicans dance to the tune of their corporate masters. In America, corporations do not control the government. In America, corporations are the government.
This was never more obvious than with the Wall Street bailout, whereby the very corporations that caused the collapse of our economy were rewarded with taxpayer dollars. So arrogant, so smug were they that, without a moment’s hesitation, they took our money — yours and mine — to pay their executives multimillion-dollar bonuses, something they continue doing to this very day. They have no shame.
They don’t care what you and I think about them. Henry Kissinger refers to us as “useless eaters.”
But, you say, we have elected a candidate of change. To which I respond: Do these words of President Obama sound like change?
“A culture of irresponsibility took root, from Wall Street to Washington to Main Street.”
There it is. Right there. We are Main Street. We must, according to our president, share the blame. He went on to say: “And a regulatory regime basically crafted in the wake of a 20th-century economic crisis — the Great Depression — was overwhelmed by the speed, scope and sophistication of a 21st-century global economy.”
This is nonsense.
The reason Wall Street was able to game the system the way it did — knowing that they would become rich at the expense of the American people (oh, yes, they most certainly knew that) — was because the financial elite had bribed our legislators to roll back the protections enacted after the Stock Market Crash of 1929.
Congress gutted the Glass-Steagall Act, which separated commercial lending banks from investment banks, and passed the Commodity Futures Modernization Act, which allowed for self-regulation with no oversight. The Securities and Exchange Commission subsequently revised its rules to allow for even less oversight — and we’ve all seen how well that worked out. To date, no serious legislation has been offered by the Obama administration to correct these problems.
Instead, Obama wants to increase the oversight power of the Federal Reserve. Never mind that it already had significant oversight power before our most recent economic meltdown, yet failed to take action.
Never mind that the Fed is not a government agency but a cartel of private bankers that cannot be held accountable by Washington. Whatever the Fed does with these supposed new oversight powers will be behind closed doors.
Obama’s failure to act sends one message loud and clear: He cannot stand up to the powerful Wall Street interests that supplied the bulk of his campaign money for the 2008 election. Nor, for that matter, can Congress, for much the same reason.
Consider what multibillionaire banker David Rockefeller wrote in his 2002 memoirs:
“Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.”
Read Rockefeller’s words again. He actually admits to working against the “best interests of the United States.”
Need more? Here’s what Rockefeller said in 1994 at a U.N. dinner: “We are on the verge of a global transformation. All we need is the right major crisis, and the nations will accept the New World Order.” They’re gaming us. Our country has been stolen from us.
Journalist Matt Taibbi, writing in Rolling Stone, notes that esteemed economist John Kenneth Galbraith laid the 1929 crash at the feet of banking giant Goldman Sachs. Taibbi goes on to say that Goldman Sachs has been behind every other economic downturn as well, including the most recent one. As if that wasn’t enough, Goldman Sachs even had a hand in pushing gas prices up to $4 a gallon.
The problem with bankers is longstanding. Here’s what one of our Founding Fathers, Thomas Jefferson, had to say about them:
“If the American people ever allow private banks to control the issuance of their currency, first by inflation, and then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their father’s conquered.”
We all know that the first American Revolution officially began in 1776, with the Declaration of Independence. Less well known is that the single strongest motivating factor for revolution was the colonists’ attempt to free themselves from the Bank of England. But how many of you know about the second revolution, referred to by historians as Shays’ Rebellion? It took place in 1786-87, and once again the banks were the cause. This time they were putting the screws to America’s farmers.
Daniel Shays was a farmer in western Massachusetts. Like many other farmers of the day, he was being driven into bankruptcy by the banks’ predatory lending practices. (Sound familiar?) Rallying other farmers to his side, Shays led his rebels in an attack on the courts and the local armory. The rebellion itself failed, but a message had been sent: The bankers (and the politicians who supported them) ultimately backed off. As Thomas Jefferson famously quipped in regard to the insurrection: “A little rebellion now and then is a good thing. The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”
Perhaps it’s time to consider that option once again.
I’m calling for a national strike, one designed to close the country down for a day. The intent? Real campaign-finance reform and strong restrictions on lobbying. Because nothing will change until we take corporate money out of politics. Nothing will improve until our politicians are once again answerable to their constituents, not the rich and powerful.
Let’s set a date. No one goes to work. No one buys anything. And if that isn’t effective — if the politicians ignore us — we do it again. And again. And again.
The real war is not between the left and the right. It is between the average American and the ruling class. If we come together on this single issue, everything else will resolve itself. It’s time we took back our government from those who would make us their slaves.
Town Hall Troglodytes
A Glorious Feeling of American Euphoria
The propagandistic American corporate pocket media is in all of it’s putrescence heralding the wonderful news that yes indeedy, the recession is nearing an end. The latest is the splendiferous, shouted from the mountaintops news that the stagnating heap of overpriced garbage that is the housing market is back after Monday’s pre-opening bell announcement that new home sales were up 11 % – hallelujah! In more of that newspeak that ‘hey, our results suck but since they don’t suck as much as we had originally thought that they would suck stuff’s gettin’ better’ the Ponzi scheme stock markets are once again churning at a furious pace as the DOW, that mercurial God of the American fascist state is on the way back to 10k and beyond…who knows, with helicopter Ben and the full weight of the Obama administration pumping money by the bargeload into the F.I.R.E. economy on a daily basis it may still hit 30,000 as some optimism opium addicted fool once said.
But it’s all an illusion my friends, even as there are increasing calls for auditing The Fed, so much so that Ben Bernanke is taking to the hustings on a public relations/politics tour just to show how important that it is to not scrutinize the temple of the moneychangers and to keep it free from political matters (GAG). Now the protector of Wall Street scum and his foul and unaccountable central bank are under siege as never before as the wonders of the internet allow people to see just how much that the Federal Reserve has rigged the game for the finance oligarchs. There is at this time a huge bi-partisan bill in Congress that is being jammed up by the crooked pigs just like health insurance whore Max Baucus to audit the institution. The entire establishment and their guard dogs in the bought and paid for media are ready to move heaven and earth in order to stop the thing as according to a recent poll the Federal Reserve is now the LEAST popular ‘government’ agency – even lower than the demon IRS and the terrorist CIA. Will it be much longer until The Fed has a less favorable rating than genital herpes?
My local morning newspaper touted the great housing resurrection but to a veteran bullshit detector such as myself was instantly debunked by the headline “Glimmer of Hope as New Home Sales SOAR“, the inclusion of the word “SOAR” is what gives it away as more centrally constructed McNews just as the PICKING UP STEAM, ROBUST, GREEN SHOOTS and a myriad of others that are regularly used tag the story as a Blue Letter (see Hudsucker Proxy for the obligatory pop culture reference) directly from the bowels of the Ministry Of Truth. So, to cut to the chase the pigs are partying on the taxpayer dime once again. Nowhere in my morning McNews fishwrap was anything about the market manipulation of high frequency trading and the growing inquiries about the advantage that it gives the wolves over the sheep. It has to be pretty bad when a longtime water carrier for the banksters like Chuck Schumer is making noise about it. Such a practice if it ever was able to rise above the flotsam and jetsam of ginned up racist crap, Michael Jackson stories and tawdry sleaze that fills the media would be a devastating blow to the looters and perhaps for once show ordinary investors who are getting fucked six ways from Sunday by a massive floating crap game on Wall Street that they are being robbed and the cops on the beat to stop it are on the take.
Anyway….just wanted to chime in over the morning cup o’ joe. For the REAL news about the wondrous economic resurgence stop by Zero Hedge (now at his own site, blogger is only going to serve as an archive) and check out the ugly photoessay on the coming wave of commercial real estate defaults. Note, as a Florida resident I can attest to this, I live in a different part of the state than the guy who did this and it’s the same here, FOR RENT, FOR SALE, FOR LEASE signs are popping up like green shoots and multiplying daily.
The Florida CRE Implosion Visualized
Submitted by Tyler Durden on Tue, 07/28/2009 – 00:13A reader submits the following photo essay on the absolute commercial real estate carnage in Florida. Has to be seen to be believed: you will not see these pictures anywhere in traditional media.
He also provides the following color:
I took a drive this evening from 5.30 pm – 7.30 pm and shot over 200 pictures of Florida real estate in crisis. What is really amazing if you notice the time and date on each picture . I was able to shoot a picture about every 45 seconds while all alone driving in traffic including stopping for traffic lights and gas and parking in a safe place each time for each shot . Everywhere you turn something is for lease or rent.
All these headlines in the media dont seem to have any effect on people so here is one road in one town ( out of thousands ) in Fort Lauderdale Florida up to Pompano Beach ( about 8 miles ) I pretty much only shot the right side of the street because I did not want to do any u turns . Some pics I shot across the street . This does not even include office buildings .
There is something for lease or rent in almost every single plaza or strip mall without exception . I also missed a lot more because of traffic and buildings set back from the street. This does not even include offices , homes , condos etc, this is just stuff abandoned or had a sign in front of it and I missed a LOT of signs . This is not even all the empty lots that sit because the developer abandoned the project after buying up the whole neighborhood .
This is Fort Lauderdale Florida . The Gold Coast , The Venice of America the Yachting capital of the world folks.The pictures start at the Fort lauderdale beach on Sunrise Blvd. and go west to federal Highway ( rte 1 ) north to Pompano Beach about 8 miles and finish in a random warehouse district off the main road . After that it got dark and I had to stop .
You will see Exotic car dealerships Burger King, Wendys , Fuddruckers , Hooters , Pier one , furniture stores , restaurants , clubs boat dealers, Business that have been there 20 + years , Supermarkets , Saks 5th avenue ( big white building in beginning ) Macks groves , Flaming Pit , the old 50’s diner . A Ford dealer and a Dodge dealer . A golf course in beginning of slideshow . All GONE in just one 8 mile strip . Folks this is the good side of town with the money I did not even go to the other side of the tracks or to other streets just one !!!
It’s morning in America and another day of being played for chumps is just beginning…