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Sunday, January 13, 2013

Obama Extends his Permanent War to 35 More Countries!

Read these excerpts from a Fox News article entitled, New Pentagon effort will send Army teams to Africa as terror threat grows"

A U.S. Army brigade will begin sending small teams into as many as 35 African nations early next year, part of an intensifying Pentagon effort to train countries to battle extremists and give the U.S. a ready and trained force to dispatch to Africa if crises requiring the U.S. military emerge...

Already the U.S. military has plans for nearly 100 different exercises, training programs and other activities across the widely diverse continent...

"What's really exciting is we get to focus on a different part of the world and maintain our core combat skills," [brigade commander Col Jeff] Broadwater said, adding that the soldiers know what to expect. "You see those threats (in Africa) in the news all the time." 

Comment:
Yeah, isn't war "exciting," Col. Broadwater? Especially when you get your brains blown out.

The announcement came on Christmas Eve and didn't receive much attention.

Of course! Just like last year when Obama signed--on New Year's Eve--the National Defense Authorization Act] with its unconstitutional sub-sections 1021 and 1022, allowing the arrest and unlimited detension of American citizens on American soil without a warrant or any other form of due process.]

So, squandering trillions of dollars in the ratholes of Iraq and Afghnistan isn't enough for the warmongers? 

Now the generals warming their armchairs in the Pentagon and their friends, the plutocrats in the military-industrial complex collecting billions of dollars in juicy no-bid government contracts, have got the whole African continent as their playpen! 

What has America become? A police state waging a permanent war of imperialism across the entire planet.

And "We the People" stand idly by and let all this happen.

Jagor

Monday, January 07, 2013

Trillion-dollar Platinum Coin

From CNBC: "James Pethokoukis points out that an analyst in Guggenheim Securities' Washington Research Group has resurrected the idea of using a trillion-dollar coin the avoid the debt ceiling."
 
My comment:

The trillion-dollar platinum coin nonsense is only additional proof that fiat money--paper money--is completely worthless.

My suggestion, instead, is to send the treasury one of those 100-trillion dollar banknotes from Zimbabwe.

It's quite a pretty banknote that shows a big rock on the obverse; I guess that was to make the poor suckers think that the money was supposed to be "rock solid."



My idea of sending the 100-trillion dollar banknote makes as much sense as minting a trillion-dollar coin out of a few dollars' worth of platinum!

And it shows how totally crazy and dangerous the situation has become.

When some people start talking crazy talk like paying off the national debt with some platinum coins, it shows that America really is in big trouble.
 
We never should have decoupled gold and the dollar as Nixon did in 1971, when the price of gold was $35 an ounce.  Now it's almost $2,000 paper dollars an ounce--just since 1971.

And people aren't bothered by that?

Insane!

You want to cut the budget deficit and lower the national debt?  Here are the answers:

1. Stop squandering trillions on wars against the world's 1.2 billon Muslims, which have already cost us $3 trillion.

2. Impose a transation tax on stock,s bonds and derivatives such as futures and credit default swaps, which would raise an estimated $150 billion per year.

Problem solved!
 
Now the real question is, do the politicans have enough guts to implement these solutions or are they going to continue taking bribes from the banksters on Wall Street and the oligarchs in the military-industrial complex?

Jagor