Saturday, October 29, 2011

Let me see if I've got this straight

If I'm against Obama because I think he's a socialist/incompetent/any old reason at all, I'm a racist.

And if I'm for Herman Cain because I think he's a conservative/not a politician/any old reason at all, I'm a racist.

Amazing.

(Second link found at Drudge)

Thursday, October 27, 2011

Occupy Wall Street gets occupied

(Via Facebook)

It seems that the Occupy crowd has itself been occupied--by the "professional homeless" (hell of a profession).

You have to love it when the looters become the looted. I wonder if they'll get the joke?

My Big Fat Greek Haircut

(Via the Drudge Report)

Reuters is reporting that there is an agreement for the private holders of Greek bonds to take a 50% "haircut". In normal language, that means they are going to write down the value of their bond holdings by half.

Now, I'm not a financial maven, nor do I play one on TV, so take my thoughts with a grain of salt.

I'm assuming that, since the bondholders have agreed to this, it means one of two things--either they're hoping that this reduction means that they will actually get half of what they are owed, or that they were pushed into this deal to avoid something worse, such as an outright Greek default on the bonds, which would mean they get nothing.

Either way, if the EU can and will enforce reforms on the Greek state that keep them from simply borrowing more money, this might put this one little part of the great EU Debt Debacle to rest, at least for a while. However, I'm now expecting a parade of other states, such as Ireland, Portugal, Spain and Italy (for starters) to line up for an equivalent deal, which could keep the ball rolling forward, perhaps at an accelerated rate.

Because you have to wonder how many of those holders of Greek bonds own some of those from the other weak EU states as well, now don't you?

If you loved it before, you'll love it more now

The US House of Representatives is back with a newer and less palatable version of last year's Internet "anti-piracy" act.

I still get a big kick out of all the "Occupy {insert favorite location here}" crowd. They all het up about dem ebil corporations dat be takin' all our money.

I wonder just when they're going to worry about the real evil out there--the government.

Wednesday, October 26, 2011

"Atlas Shrugged" was a Warning, not a Manual: How to run an Occupied world

(Via the Drudge Report)

So...if Occupied had its way, how would we all live?

We'd all communicate with hand signals to hold down the noise. We'd sleep in sleeping bags in the winter. We'd diversify, but not too many homosexual males, if you please.

We'd tie ourselves in politically correct knots and starve to death while the "general assembly" debated the best way to get loose.