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More people who do not muchly good speak the English tongue…

ren·e·gade ?/?r?n??ge?d/ [ren-i-geyd] –noun 1. a person who deserts a party or cause for another. 2. an apostate from a religious faith. –adjective 3. of or like a renegade; traitorous. Synonyms: Traitor, Snake, Turncoat, Oath-breaker, Treaty Breaker.   John McCain on Press the Meat this morning, sponsored by a Wall Street Powerhouse, Edward Jones Investments. Lying his arse off about how he's bipartisan on the Health Care bill when he joined every single one of his (R) Comrades in voting against it. Apparently in Renegade Republicanspeak, "Bipartisan" means the Democrats have to suck much Republican Ass. Ran as a "Maverick" which doesn't mean anything like "not one of the herd", it means steers claimed by a notoriously lazy Texas free-range rancher named John Maverick. Who didn't bother to brand or earmark any of his steers, just the lead cows. Any Steer or cow following them would be just a part of "His" herd. The Wall Street Bankers who sponsored today's Lie-Fest, their advertisement "If you believe in the Renegade idea of face-to-face with your broker" If you believe your Brokerage is "Renegade" and still deal with them, you really need to deal with the fact that they're going to rob you blind given any chance. McCain's running mate was an idiot from Alaska who also didn't speak English, and didn't know the duties of the job, told a group of schoolkids that it was to "help the senate make laws". Yeah, right. People who don't know the basis of American Law, the Constitution, shouldn't presume to MAKE Law. She also runs with a group of Straight Up Racist Pukes who insist that English be not only the official language of the United States (we don't have an official language, by the way) but that it be the ONLY language spoken. They wish to bring the days back, when Immigrant kids, or Native American Kids, or Native-American-Kids-Whose-Names-And-Primary tongue are Spanish and whose families were not only here during the Spanish territorial days but Many Centuries Before an Italian Mapmaker who had never been to America, Amerigo Vespucci, put his name to two continents and a bunch of offshore islands (Actually the islands FIRST)... These kids, even in the 60s when I was first going to school, would be Punished for speaking their non-english languages on school grounds or even the school bus. The more radical members of "English First" would have it that people not be allowed to speak their own languages even in their own homes. They say that not having English as your first tongue hinders your development in school. Where they get that tainted statistic is beyond my ken. The largest population who don't graduate High School and more importantly don't graduate Primary School are people who don't speak ANY language other than English, and that very poorly. This kind of outright Jingoistic Stupid Racism would give that freak on the bus (and there's always one at least) who demands that two Spanish speaking or Polish speaking or Navajo speaking kids (actually it's a dialect of Athabascan, and

Alan is shocked!!!!!

Alan Greenspan represents more than any individual anywhere, the bipartisan fact that there is no real difference between the 2 chosen parties of our corporate dictatorship here in America. Let's fact, it... Greenspan has been the darling of both the Democratic and Republican Parties for a very long time now. He's The Man! He has been running the economic show that has now put the world capitalist economies in tail spin, you and I on board. Poor Alan is shocked!!!!!! Poor Old Alan... He's shocked!!!!!! He says he just doesn't know any more. He's shocked!!!!!! This guy really takes the cake, now doesn't he. He was held up to the level of Jesus Christ in the eyes of the American monied class who held him high above our heads as some great genius know-it-all, and now his temple is shaking in its foundations. Remember these slime balls celebrating when their Cold War spending crashed the ex Soviet Union? Remember them not giving a damn about what they did to the Russian people? Remember smug old Alan? In spite of all these croc tears and croc shock by the like ilk of Alan Greenspan, they will give about as much a damn about you as they did about the Russians. They don't give a damn about you and the rest of Working Class America anymore than they cared about the Gooks and Ragheads (their words for them, not mine) they screwed over to make their super profits. I take that back, they are actually worried more about you and how you might soon grow to hate them passionately. Got it? Alan is shocked!!!!! But he's 82, damn him, and now there's not much justice we can do for him... He wants forgiveness does he? Who knows? He simply has no god beyond money.... just our money that is now just so much trashed out planet. Alan is shocked!!!!!!! And so is the planet.

Money As Debt video

There is a short 45 minute video called Money As Debt that gives a great explanation of the current Financial Crisis. It is thoughtful, easy to understand, and a well done video with illustrations and quotes from insiders used as references. Thanks to David V. for sending it my way! He's been doing a lot of thinking about the real estate bubble in the South Florida region over the last 2 years. It is a bad situation in that area of the country.

The crash continues as American people go into shock

Last week we saw most of America go into shock as the stark reality of the US not having a real opposition party became evident. The Democratic Party actually led the rush to pass Bush's $700 billion giveaway to the rich Bill into law, and it was actually the Republican party that posed the minor stumbling block to getting it done. The American people were almost completely left on the sidelines as a result of simply never having constructed a major opposition party to the Two Party Big Business dictatorship that US is run under. This week, the show has already begun again, as stocks begin the week by crumbling throughout Asia, Europe, and North America. Nobody is fooled internationally by the $700 billion dollar American give away legislation. Germany had to even copy the US government with their own give away bill, too, to the banks. Germany moves to shore up bank confidence And the Euro appears to be in as bad a shape as the dollar is in world currency marts, sliding in relation to the dollar! Everywhere they talk of a stampede as stock values and currencies crumble. They talk of panic and they talk of crisis. The US stock market continued down this AM and everywhere there is a sense of impending doom. Hard times are now being made by the financial sectors for all of us, as unemployment rolls rise, production drops. The crash continues as the American people go into shock.

How a ‘credit crunch’ can help kick an economic depression into place

In a system...where the entire continuity of the...process rests upon credit, a crisis must obviously occur -- a tremendous rush for means of payment -- when credit suddenly ceases and only cash payments have validity. At first glance, therefore, the whole crisis seems to be merely a credit and money crisis. And in fact it is only a question of the convertibility of bills of exchange into money. But the majority of these bills represent actual sales and purchases, whose extension far beyond the needs of society is, after all, the basis of the whole crisis. At the same time, an enormous quantity of these bills of exchange represents plain swindle, which now reaches the light of day and collapses; furthermore, unsuccessful speculation with the capital of other people; finally, commodity-capital which has depreciated or is completely unsaleable, or returns that can never more be realized again. The entire artificial system of forced expansion of the [ecomony] cannot, of course, be remedied by having some bank, like the [Federal Reserve], give to all the swindlers the deficient capital by means of its paper and having it buy up all the depreciated commodities at their old nominal values. Incidentally, everything here appears distorted, since in this paper world, the real price and its real basis appear nowhere, but only bullion, metal coin, notes, bills of exchange, securities. Particularly in centers where the entire money business of the country is concentrated, like London [or New York]...the entire process becomes incomprehensible.

EAT THE RICH!

My favorite visual from Thursday's Wall Street action: EAT THE RICH, invoking Peter Richardson's Class War cult classic. The bastards are making a grab for $700 BILLION in this salvo. Which proposition is the more preposterous?   What's with the Wall Street building garbed in the Stars and Stripes? Odd enough that the architecture impersonates a courthouse or mausoleum. Is the stock market a federal agency? Draped in Red, White and Blue it looks like the command center of the Capitalist empire.

The Wall Street crisis was an inside job

WHO'S LIKENING THE WALL STREET CRISIS TO 9/11?! One was perpetrated by insiders, with the collusion of the US government, to exploit citizen's fears, and restructure our representational Democracy into an authoritarian oligarchy. Which act of state terror against the American people does this describe? And OH MY GOODNESS, would it be anti-Zionist to notice the same cast of characters? Religion has nothing to do with it, at least I'm not about to suggest greed and avarice are inherent to one spiritual belief. We're expected to ignore that high finance shares a common, unfairly maligned thus protected preemptively against defamation, tribal membership. There's an alternative solution to the emergency on Wall Street which I've heard floating around. Considering we're being advised to put out the fire by enlisting the employment of a high priced bucket brigade consisting entirely of the arsonists themselves. I favor rounding up the guilty parties, those whose pockets are bulging with the profits made from the missing leverage, and have them bail out their precious system. Their collected wealth should amount to a pretty penny. (Not even close? Who has any idea what a billion or a trillion dollars looks like? Except maybe those who absconded with the $13B missing in Iraq. In any case, late night talk show hosts should quit joking that Barack Obama could raise the needed trillions in a month's worth of fundraisers.) Where was I, line them up, empty their pockets and shoot them? Naw. ASK the bankers to ante up. If they don't want to keep their game afloat, why should we? No really. Was this an attack on our economic system, on par with the 9/11 strike against US secular trade exploitation of the Third World? Then by their own definition it's terrorism. These ruthless bankers are terrorists. Lock them away with their lawyers and accountants and lobbyists. Anyone who gives material support to terrorists is guilty, by their own rules.

Sliming the tire to fix the flat

Watching the US Big Business government try to fix their economic flat is a lot like watching a driver sliming a car tire on the side of the road. It may or not work, depending quite a bit on the nature of the flat itself. On Wednesday over $90 billion dollars left the value of US stocks, the largest amount in one day ever. That's a lot of air lost through an economic puncture and lost very fast. The Federal Government is pumping slime in almost as fast as the air went out! 'Slime' being our collective national savings still calculated in increasingly devalued dollars. None of this is too likely to work. If you look across that American economic tire you will see that it has been deeply slashed by a knife. I wonder who did it and why, don't you? Beware! The people who did it may soon want you to buy them a new tire, even though the tire they made flat is actually yours!

Gulf Coast poor versus Wall Street RICH

Bailouts for the big boys and slander for the poor! What else is new in America? Not a word in the corporate press about the irresponsible criminal investments by the super rich of the banking and insurance companies, but look how they talk about the supposed irresponsibility of those who chose to try to ride the big storm out? And not one iota of examination of why so many people choose to not physically flee these hurricanes that come their way over and over and over each Hurricane Season? Who gets the public assistance, too? Most of those that choose not to leave storm areas do so because they simply don't have the savings to just drop everything and run. Whether people run or not who comes to their aid? And who comes to the aid of the rich with their bad investments? It's two different stories now. Our hurricane emergency systems seem to have much in common with those of Haiti. You're on your own, Suckers! 'Cause the good old government of the USA is way too busy invading and occupying other countries to actually provide people inside our country with the necessary relocation and re-development funds to adequately protect themselves. It's too busy bailing out the Big Boys. In short, it's just too busy saving the wolves and killing the sheep. Thank much about you and your family? Not likely.

WaMu shares fall from $39 to $2 in one year

The Domino Theory at work! Next to fall- Washington Mutual. Nothing related to Vietnamese Communism at all, but to American capitalism itself. And what does Wall Street and Washington, D.C. advocate now? Why socialism! They advocate socialism for themselves,The Rich, where profits are privatized for the super elites and losses are socialized for the poor to pay the costs of bad business dealings done by private owners. They call that 'bailout'. So if we are to have this form of socialism in place in the US one begins to wonder about having a much different form of Socialist Movement return to the scene, where benefits are privatized and the super rich must pay their fair costs to a society that they have been looting from? Well why not? Why should government always be benefiting only the rich, where corporate corruption allows Big Business to seize control of the government to use only for themselves? Also, we need to ask ourselves whether Big Business will ever care for Nature? The answer seems obvious that NO it will not, since looting nature is part of the essential business ethic of making profit for owners at the expense of others (workers and Nature). Yes, Socialism is back and we need to see that it is not the National Socialism of the rich for the rich that shall predominate, but rather Socialism of those who do the work for those who do the work, that is put into effect. Because one way or the other, it is what's now on the agenda. After WaMu, which next? The corporate-run government is bankrupting itself to stop bankruptcy! The FDIC will have to spend another $20 billion if this bank blows bringing itself almost to the point of insolvency. The money for bailouts and bankruptcies is not endless.

Market spooked!!!

Morgan and Goldman plummet, Halifax Bank of Scotland (HBOS) in talks. World economy crumbles beneath weight of worthless dollars.

Hunger, shortages and Wall Street

What can we expect of a capitalist system gorging itself on the misery of others? The energized "food speculators" have found another way now to skim money off of commodities (and off those producing them) by racing out of their burnt down, failing criminal derivatives scams - that are and will continue to cause job loss, retirement and savings loss, home equity loss - and into food. This should be stopped immediately by Congress in the interests of the nation and the poorest countries that are now experiencing riots and unrest over high prices and shortages. But you can bet the millionaires in Congress are profiting from this hideous behavior and won't do a god damn thing about it other than throw money, our money, at it. Worthless solutions from bankrupt minds.The liars in the mainstream media blame everything else but the real cause ...the Wall Street vipers. This is our American culture ...profit at all and any costs. Ethanol is turning out to be a speculative tool as well, besides taking land away from corn grown for cattle feed and humans. Sugar cane, other forms of bio-fuel will become speculator targets as well. Even water! All of this investing in commodities is driven by the falling dollar created by the Fed who crashed the dollar!! Lowering interest rates and opening cheap credit windows to Wall Street floods the economy with more worthless paper. This is driving the commodities bubble as well. Investors are trying to hedge against losses from the subprime/derivatives scams. It's all related... not as the mainstream news claims that weather or high oil prices are driving this. Bullpucky. "According to Grünewald, “Raw materials are the mega-trend of the decade,” and his company intends to intensify its involvement in both water and agricultural stocks. MIC investment in wheat alone has already yielded profit levels of 93 percent for the 2,500 members of the club." - WSWS Read these two articles and see if Wall Street is mentioned: NY Sun: food rationing or Yahoo: food crisis.

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