The Coming Collapse of the Social Security Ponzi Scheme

July 17, 2012
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Ponzi Sceme signEveryone knows that the Social Security System is a giant Ponzi scheme. While this is nothing new to those who study such things, private sector Ponzi schemes pale in comparison to the coming of “The Great Social Security Ponzi Collapse.”

Future generations will study how our society could have been so silly as to launch such a scheme and why our primitive society continued to pretend that there wasn’t a serious structural problem until it was too late. Future generations would wonder why no one did anything about it, once it implodes and takes the entire Federal apparatus down with it. (Which may not be such a bad thing, anyway.)
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How Government Really Works: Money Talks

July 10, 2012
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money bagAs school children we are taught that we live in a democracy and that we can vote. We are told that our elected officials go to Washington and pass laws that are good for our country and that our elected officials must “answer” to the people. It’s instilled in our brain at an early age and we continue to believe it, even when evidence continues to mount to the contrary.
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US Government: The Ultimate Middleman: The War on Poverty

July 3, 2012
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Homeless manOver the past 40 or so years, our nation has spent trillions of dollars fighting the “War on Poverty,” and poverty has won. We have the same problems we had 50 years ago, only now they have become intractable and institutionalized. We still have children going to sleep hungry, only now we have more of them. We still have a dilapidated housing stock, only now they are run by the government in lieu of the slumlords who ran the tenements of yore. The children of the poor are herded into public schools – which are objectively worse than they were 50 years ago – where the primary purpose appears to be to prepare them to operate within another government run institution – prison.
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Complacency in The Eye of the Financial Hurricane

June 27, 2012
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On the scale of natural disasters, few events can match the sheer scale and destructive capacity of a hurricane. Big, lumbering, and unimaginably powerful; and on average, over 400 miles wide! Hurricanes have leveled entire cities, changed the direction of rivers and permanently altered the things we, as humans, believe to be permanent. Read more »

The Invisible Ruins of Las Vegas

June 18, 2012
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The ruins of ancient Pompeii and the modern day Detroit are obvious to the naked eye. Ornate and grand structures surrounded by decay, silently call attention to themselves. Ravaged by time, they sit, eerily beckoning the curious to appreciate the splendor of a bygone era.

The ruins of Las Vegas do not enjoy such a status. They are not grand structures capable of drawing the eye of a curious onlooker. The ruins of Las Vegas hide in their anonymity. Read more »

Too Big to Fail and Too Connected to Care

June 11, 2012
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This week’s headlines include a rising unemployment rate, a slowdown in factory orders, and the slow disintegration of the Euro.

As the recession enters its sixth year every trick has been tried as the economy skitters off a cliff.

We have tried stimulus and austerity; we have tinkered with tax incentives and quantitative easing 1, 2 and soon-to-be-announced QE3. We have reduced payroll taxes and lowered mortgage rates to historic lows – and yet the economy refuses to soar, lying there like the soft deflated balloon it has become. Read more »

Nation Building: Why Not Start Here?

May 29, 2012
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American taxpayers have spent trillions building bridges in Iraq and Afghanistan while our own are dilapidated. We are building sewer treatment facilities in cities all over the world, but our own can’t withstand a major flood. Our trains are rolling pieces of junk, a government monopoly called Amtrak, whose main goal appears to be a pension delivery system for unionized government workers instead of the efficient transport of passengers and cargo. Our public education system, once the envy of the world, has degenerated into a feeder system for our courts and prisons. (We rank 32nd in math proficiency and 29th in science – not the results one would expect from the billions we squander on public education.) Read more »

US Economy 2012: Obama’s Titanic: Failure and the Sheeple

May 29, 2012
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Obama new deal Time Magazine

When the jagged fingers of an iceberg first penetrated the ship’s hull, few on board the Titanic could anticipate the extent of the disaster that lay before them.

Ice cubes still tinkled in glasses. People were sleeping under warm comfy blankets. Couples danced or fought their petty battles. The cooks and waiters went about their work.

People were wrapped up in the usual things that people think about: business affairs, the health of loved ones, petty squabbles with friends or spouses, perceived slights, the well-being of their children, lost loves and hopes for new opportunities.

Few felt the ship buckle and those that did feel the massive vessel shudder probably just ignored it. Surely, the powers that be knew what they were doing and would quickly correct any problems that might interfere with their journey. Only a few people were aware of the extent of the damage, and of course, those people were ignored. Read more »

Trayvon Martin: Political Tool of Convenience

May 29, 2012
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Obama Boss Hogg The media and the public have foolishly bitten the bait about the Trayvon Martin matter having gotten pulled into all of the racial, social and cultural triggers it evokes. Gun control, self defense, racial profiling, and stand your ground laws, it has it all, but it has nothing to do with any of these things.

Trayvon Martin is about one thing only: insuring Barrack Obama’s reelection. Preposterous? Lets see.

According to a February 11, 2009 report by CBS news, in 2005 49% of ALL murder victims are black men. That year an astonishing 6,783 black men were murdered. Worse yet, half of those were between the ages of 17 and 29. This means that if the numbers have stayed constant during the recession, on any given weekend 130 black men are murdered in the formerly great nation of the United States of America. There are no parades, no marches, and no protests to stop this violence. This appalling number of murders is ignored by the power structure- both white and black. There is no money or power to be reaped from this bitter harvest of death, unlike the Trayvon Martin matter. Read more »