Day: October 27, 2008

corruption economics Politics shock US economy
October 27, 2008

The Race … for a Share of the Porkbarrel Bailout

In the US, the race to the porkbarrel has begun .  Companies, lobby groups, consultants and other ‘experts’ are lining up at the trough to stuff themselves with US taxpayer cash. And you’d better damn well hurry because the Chinese are going to start calling loans and the cash will run out soon!! Ah, who am I kidding?  Unless you’re a good buddy to Bush […]

economics interflation US economy
October 27, 2008

Why the US dollar is rising … when it shouldn’t be

A lot of people have seen their purchasing power disappear overnight because their currency has eroded very drastically over the last few weeks.  In Canada, the loonie was trading at about par with the US dollar about 2 months ago and now it’s down around the $0.75-$0.78 range. A lot of people have been scratching their heads trying to figure out why. And along comes […]

corruption economics US economy
October 27, 2008

A full list of What to do with the financial crisis

This list almost seems palatable, given the rocky ride being presented to the world’s public. Here’s a quick recap: Close all Banks and Financial institutions now. Stop paying taxes. Count what’s actually left in the public coffers. Put all of it in a central fund for now. Sack all Governments Now. Disband the Stock Exchange. Prohibit speculation on commodities that people need to survive. Form […]

Politics
October 27, 2008

Palin’s Home State Paper Endorses Obama

This endorsement was offered by the Anchorage Daily News which is, of course, in Sarah Palin’s home state.  Now, I’m sure there are lots of publishers in Arizona endorsing Obama or lots of folks in Illinois endorsing McCain, but this seems very apt for the current state of the election. That said, let’s see how the election results actually pan out before gloating too much.