Tag Archives: Texas A&M

Credit crunch is a symptom of US economic malaise, not the cause of it

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Texas A and MTaxpayers gifting the rich with $7,000,000,000 will not stop the coming capitalist depression at all, because it simply does not address the root causes of anything. We have been told that this crisis is merely the fault of toxic debts piling up from an American ‘housing bubble’, which happened due the crookedness of a few bad apples. Yes, its true, they add a few more details to this sob story but that is essentially all there is to the story line, with none of the American corporate ‘leadership’ class taking any personal or political responsibility at all. That is not too surprising about these moralizing immoralists at all. It is par for their course.

But the root cause of the capitalist downturn is about much more than a credit crunch cause or a real estate mortgages beginning the collapse. It is actually about the deficit military spending that corporate America has led us into with their stupid and asinine wars against shadows of their own making. Despite the destruction caused on that fateful day termed ‘9/11’, it could have been nothing more than a temporary and unfortunate side show for our country, but instead it was seized on by the military, policing, and corporate communities to justify skyrocketing their budgets, incomes, and profits. They went on a borrowing spree using foreign credit!

They did not buy anything of real value or substance though, and they progressively bankrupted the bulk of Americans by doing their borrowing, all the time while waving Old Glory and talking of American pride and national security, which they were busy undermining. ‘USA, USA, USA’ became the cry of the dunces they had marching behind them. They tortured not only Pentagon held POWs, but the American soul itself. The big guys total control over political life is what got us down into the pit.

Now, the only economic ‘security’ left for Americans is in the seeming ability to drag others down economically with us. Since we were such fat consumers here in the land of milk and honey, many depended on supplying us. However that market is about to collapse. Add to that that the whole world is left holding much of the valueless paper that our ruling class force fed to them at guns length. And, of course, we still have the biggest arsenal around. That almost makes our Federal Government just like any insane neighbor with an insanely huge gun collection, but barely living while dependent on food stamps to eat some fast food Chinese once and a while. Sarah and Dick to go hunting with perhaps?

Look around? The American auto industry just asked and got close to $30 billion in ‘bailout’ loot, too. It’s about to sink. And the biggest economic sink of them all is about to sink in the days ahead, also. Quite simply, our military is not sustainable. That is the cause of our economic malaise, not the housing market getting squeezed. All industry and finance got dragged down together in mass, and not just car sales and real estate.

The idiots of our country continue to want to wave the flag. They continue wanting to pump borrowed money into fighting unnecessary foreign wars like it is all some sort of crazed football game being played on the pro level! They like that corporate logo of Old Glory just as they do not mind all the corporate advertising hanging all over the place at the stadiums they hang out at weekends. They like the political and corporate cheerleaders, same as they like the young coed types with bonbons. at their games. This is their None Entiendo game done ever so Grande. Beep, beep, beep beep… Fireworks display!

The root cause of the economic downturn is deficit spending and deficit thinking by our neighbors, especially so in our White Conservative Christian neighborhoods, church on every other block. To sum it up, throwing $700,000,000,000 of tax money at the failed businesses solves nothing. It’s like throwing more weight on that old football bonfire.

Remember that collapse of the Texas A&M bonfire pileup several years ago? That’s the type of thinking America has on board at present. The economic bonfire stack is merely being set for collapse with this stupid bailout that they will eventually put through, because our nation is too dumb to have stopped it when we could. That picture of the Aggie bonfire before it collapsed is just like the Federal deficit debt pileup that is due to come crashing down on all of us. They constructed it out of vainglory.

Thank you, President Bush

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The Dallas, Texas business community, my mother, and President Bush have teamed up to help me out financially. For years my liberal mother has threatened her sons with the possibility that she would donate a sizable sum of money to Dallas’s Southern Methodist University in her will. SMUShe went to school there and it was the best time of her life. But, she says, the university has changed, and instead of being a center of learning as it once was for her, in short it has become a creature captured by the Dallas super-rich.

Corruption seems to swirl around this university. Edwiin L. Cox Jr., son of the man whose name is attached to SMU’s now acclaimed Cox School of Business, had to be pardoned by George Bush Sr. for financial crimes he was convicted of. In return, Cox Sr. donated a hefty sum of money to that president’s Texas A&M’s presidential library shortly thereafter. But that is not what SMU is most noted for in the field of corporate corruption.

The most notable example of it, was when the Dallas business rich increasingly began to buy football players for the team. This went on despite repeated warnings and sanctions from the NCAA through the years, but the business community, alumni, and SMU coaches kept at it. Eventually, the shit hit the fan when the NCAA made SMU the first ever university to receive its ‘death penalty’. The varsity football program was closed down entirely for several years, and a program with a rich history has now become a minor player in college ranks.

But the latest scandal there is the decision by the big Whigs to make SMU the site of the George Dubya Bush presidential library. This is the type of thing that Dallas’s already most sorry political reputation certainly doesn’t need. Even some of the university’s conservative Theological Department are quite aghast and have protested this decision. The local daily paper has tried to play down the public reaction to the recent announcement that this ‘honor’ had been granted the city and Soutern Methodist, but the site of the library will be quite appropriate IMO. Southern Methodist sits inside a rich, White segreGated, suburban enclave, entirely surrounded by multicultural Dallas. Isn’t this the purest essence of Bush though? So what’s to protest? lol

Still, my mother sees this insult as the straw that breaks the camel’s back. She has written the university and told them that she has now taken them out of her will. Thanks, Mom! And thank you, George W. Bush Mom, you’re doing the right thing!

See, there is some justice still in the world. And maybe also some day, both Dick Cheney, and George W. Bush (both Texas Oilys) will be publicly hung for their crimes on the steps of the George W. Bush presidential library, of Southern Methodist University, Dallas, Texas? We can only hope that their heads will soon roll, and in what better place than within the segreGated Park Cities enclave of Dallas, Texas, at Southern Methodist University? It would be presidential! Go Mustangs!