This has to be one of the funniest things I have ever seen, more editons to come. Enima (look it up) has no sense of humor.
Sunday, May 31, 2009
Saturday, May 30, 2009
Russia says capitalism is dead... in AMERICA
Today I was planning on a debut of a weekend (either saturday or sunday) post series that's "were done as a society" story (or stories) of the week that show the decent of man. But as I was listening to Savage last night I heard him read an article, the mere fact that it was in what was previously the Russian propaganda newspaper (Pravda, literally meaning truth when translated back to English, also picked that little tidbit from Savage, guy is a freaking genius). I want to analyze this article so here's the first part of it...
It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.
Couldn't believe he said that, I have NEVER and I mean NEVER heard a journalist ANYWHERE (TV, radio, internet, twittering) use the term "sheeple" outside of Savage. And this guy lives in Russia, how he survived during the Soviet Union is beyond me unless he was in exile.
True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.
Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.
Too bad no one in Wall Street has a soul, or at least not enough of them do to make a difference
First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.
Why I will survive, I actually know a lot of things 90-95% of Americans don't know but should and would if it wasn't for our degenerate pop culture and the MSM.
Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.
I disagree with this, I go to a "modernized" baptist church one town over and there still is hope for religion in "flyover country". It's already dead on both coasts though.
The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.
That last sentence should stick, I've already kinda done a post on Zimbabwe and need to do one on what happened in the Wiemar Republic back in the 1930's that basically allowed Hitler the oppertunity to take power.
These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?
These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.
Too pissed off to comment, he nailed it though.
Then came Barack Obama's command that GM's (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of "pure" free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.
So it should be no surprise, that the American president has followed this up with a "bold" move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK's Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our "wise" Anglo-Saxon fools find out the folly of their own pride.
Again, the American public has taken this with barely a whimper...but a "freeman"
whimper.
Yep and it pisses me off to nearly go off the deep end (I know some of you out there think I already have but trust me I haven't yet)
So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set "fair" maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.
Imagine if this paragraph appeared in a US newspaper, well first off it wouldn't because it's too "offensive" (meaning accurate). Read this sentence again, keep in mind, a non-pc opinion columnist russian that writes for Pravda:
Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort.
Wow, of course he's a congressman but these days they are practically interchangable it seems with the committees there that randomly hand out power. This was also a guy whose boyfriend got busted for running a gay prostitute ring out of an apartment they shared and BJ Barney claimed he had no knowledge and people actually believed him... what a country we live in.
The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.
The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.
They already are dude, they already are.
It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.
Couldn't believe he said that, I have NEVER and I mean NEVER heard a journalist ANYWHERE (TV, radio, internet, twittering) use the term "sheeple" outside of Savage. And this guy lives in Russia, how he survived during the Soviet Union is beyond me unless he was in exile.
True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.
Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.
Too bad no one in Wall Street has a soul, or at least not enough of them do to make a difference
First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.
Why I will survive, I actually know a lot of things 90-95% of Americans don't know but should and would if it wasn't for our degenerate pop culture and the MSM.
Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.
I disagree with this, I go to a "modernized" baptist church one town over and there still is hope for religion in "flyover country". It's already dead on both coasts though.
The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.
That last sentence should stick, I've already kinda done a post on Zimbabwe and need to do one on what happened in the Wiemar Republic back in the 1930's that basically allowed Hitler the oppertunity to take power.
These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?
These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.
Too pissed off to comment, he nailed it though.
Then came Barack Obama's command that GM's (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of "pure" free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.
So it should be no surprise, that the American president has followed this up with a "bold" move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK's Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our "wise" Anglo-Saxon fools find out the folly of their own pride.
Again, the American public has taken this with barely a whimper...but a "freeman"
whimper.
Yep and it pisses me off to nearly go off the deep end (I know some of you out there think I already have but trust me I haven't yet)
So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set "fair" maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.
Imagine if this paragraph appeared in a US newspaper, well first off it wouldn't because it's too "offensive" (meaning accurate). Read this sentence again, keep in mind, a non-pc opinion columnist russian that writes for Pravda:
Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort.
Wow, of course he's a congressman but these days they are practically interchangable it seems with the committees there that randomly hand out power. This was also a guy whose boyfriend got busted for running a gay prostitute ring out of an apartment they shared and BJ Barney claimed he had no knowledge and people actually believed him... what a country we live in.
The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.
The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.
They already are dude, they already are.
Friday, May 29, 2009
Failblog and FML Friday is here again!
And not a moment too soon
Now this next one I really can't believe got past advertisers or the editors.
why were doomed...
I bet she does
Now FML...
Today, after a late night at the bars, I stepped into my building's elevator with a Chinese man who was carrying a plastic bag. Without thinking I said, "Oooh, are you still delivering?" His response, "I live here." FML
Today, after a late night at the bars, I stepped into my building's elevator with a Chinese man who was carrying a plastic bag. Without thinking I said, "Oooh, are you still delivering?" His response, "I live here." FML
Today, my friend's son asked me how much coke costs in this place. I told him "about a dollar?" He said "wow, that's really cheap for blow." He's 10. FML
Today, I asked my boyfriend to have sex. He told me he would rather play ps3. FML
Today, I decided to send my boyfriend a pic text of me naked. I accidently sent it to my dad and got a text back saying "You definitely take after your mom". FML
Today, my mom decided to tell me about her new boyfriend. I know him. I've slept with him. FML
Today, I was having sex with my boyfriend. When he was about to orgasm, he screamed "Yes Brittany!" at the top of his lungs. My name's not Brittany. That's his sister. FML
Today, I woke up to my car covered in shaving cream and tampons and the word CHEATER written on my windshield in lipstick. The guy a few doors down from me in my dorm has the same car as me. I'm a virgin. FML
Today, I noticed a prospective employer I had been networking with changed her last name on her e-mail signature. I wished the aquaintence congratulations on her new marriage. Her divorce was finalized this week. FML
Today, my wife told me that if she had a penny for every time I had brought her to climax she'd have change for a nickel. We've been married for 16 years. FML
Today, was the first time I saw a man's sex organs in real life. I was in anatomy dissection class and had to pull the cadaver's testicles out of his scrotum. FML
Today, my virgin guy friend told me he wanted me to be his first. I'm a guy. FML
Today, I texted my boyfriend saying hi. His response, "I got your best friend pregnant". FML
Today, I learnt that nail polish remover is, in fact, VERY flammable. And I learnt it the hard way. FML
Today, I heard my sister masturbating in her room. I took the dog around the block to get out of the house, and I came back to see her leaving her room... my electric toothbrush in her hand. FML
Now this next one I really can't believe got past advertisers or the editors.
why were doomed...
I bet she does
Now FML...
Today, after a late night at the bars, I stepped into my building's elevator with a Chinese man who was carrying a plastic bag. Without thinking I said, "Oooh, are you still delivering?" His response, "I live here." FML
Today, after a late night at the bars, I stepped into my building's elevator with a Chinese man who was carrying a plastic bag. Without thinking I said, "Oooh, are you still delivering?" His response, "I live here." FML
Today, my friend's son asked me how much coke costs in this place. I told him "about a dollar?" He said "wow, that's really cheap for blow." He's 10. FML
Today, I asked my boyfriend to have sex. He told me he would rather play ps3. FML
Today, I decided to send my boyfriend a pic text of me naked. I accidently sent it to my dad and got a text back saying "You definitely take after your mom". FML
Today, my mom decided to tell me about her new boyfriend. I know him. I've slept with him. FML
Today, I was having sex with my boyfriend. When he was about to orgasm, he screamed "Yes Brittany!" at the top of his lungs. My name's not Brittany. That's his sister. FML
Today, I woke up to my car covered in shaving cream and tampons and the word CHEATER written on my windshield in lipstick. The guy a few doors down from me in my dorm has the same car as me. I'm a virgin. FML
Today, I noticed a prospective employer I had been networking with changed her last name on her e-mail signature. I wished the aquaintence congratulations on her new marriage. Her divorce was finalized this week. FML
Today, my wife told me that if she had a penny for every time I had brought her to climax she'd have change for a nickel. We've been married for 16 years. FML
Today, was the first time I saw a man's sex organs in real life. I was in anatomy dissection class and had to pull the cadaver's testicles out of his scrotum. FML
Today, my virgin guy friend told me he wanted me to be his first. I'm a guy. FML
Today, I texted my boyfriend saying hi. His response, "I got your best friend pregnant". FML
Today, I learnt that nail polish remover is, in fact, VERY flammable. And I learnt it the hard way. FML
Today, I heard my sister masturbating in her room. I took the dog around the block to get out of the house, and I came back to see her leaving her room... my electric toothbrush in her hand. FML
Thursday, May 28, 2009
the H word
I have refused to comment on the possibility of "the H word" (hyperinflation) because it had been relegated to WND, Newsmax, and other "fringe" (that doesn't mean I don't read them) rightwing websites. But as I scanned Drudge this evening I saw an article about it on Bloomberg News (a private AP basically). That's a little scary, and when someone says "Zimbabwe" level inflation your ears really perk up. Remember how I said that the old term used on Confederate dollars (they aren't worth the paper they're printed on) in one of my previous posts? Well, looks like that may be prophetic when it comes to describing the future of the US dollar. A part of the BN article:
May 27 (Bloomberg) -- The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.
Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview with Bloomberg Television in Hong Kong. Zimbabwe’s inflation rate reached 231 million percent in July, the last annual rate published by the statistics office.
“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”
Federal Reserve Bank of Philadelphia President Charles Plosser said on May 21 inflation may rise to 2.5 percent in 2011. That exceeds the central bank officials’ long-run preferred range of 1.7 percent to 2 percent and contrasts with the concerns of some officials and economists that the economic slump may provoke a broad decline in prices.
Well this Marc Faber guy seems smei-legit so I think I'll be investing all my earnings from my summer job into something stable like gold or silver... or lead.
May 27 (Bloomberg) -- The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.
Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview with Bloomberg Television in Hong Kong. Zimbabwe’s inflation rate reached 231 million percent in July, the last annual rate published by the statistics office.
“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”
Federal Reserve Bank of Philadelphia President Charles Plosser said on May 21 inflation may rise to 2.5 percent in 2011. That exceeds the central bank officials’ long-run preferred range of 1.7 percent to 2 percent and contrasts with the concerns of some officials and economists that the economic slump may provoke a broad decline in prices.
Well this Marc Faber guy seems smei-legit so I think I'll be investing all my earnings from my summer job into something stable like gold or silver... or lead.
wow...
Ok this story was even buried on Drudge which is very disturbing considering the ChiComs are the #1 buyer of US debt (otherwise known as T-Bills, but that's the fucking PC term, its our DEBT! No need to put sexy wall street jargon on it). This coming on the heels of Obama's "were broke" comment over the weekend that didn't get ANY coverage outside of a 4 hour headline on Saturday night/early Sunday morning on Drudge. If that was disturbing enough check out this paragraph from the story (link in title)
Mr Fisher, the Fed's leading hawk, was a fierce opponent of the original decision to buy Treasury debt, fearing that it would lead to a blurring of the line between fiscal and monetary policy – and could all too easily degenerate into Argentine-style financing of uncontrolled spending.
Now for those of you who don't know what the hell he's talking about in relation to Argentina read up on it here and the international socialist society has a surprisingly good article about it And theres a PDF file that a UCLA professor put together back early in 2002 that shows some disturbing similarities to what is going on in the US economy now. Sorry about all the hyperlinks folks but I don't want this post to be a mile long. Searching for 10 minutes online I think I am able to best explain the crisis through quoting this article from the CATO institute ( full article here)
The Argentine economy suffered a deep crisis during 2001 and 2002. Poverty stretched to one in every three homesteads in the suburbs of Buenos Aires, and the traumatic departure from convertibility, together with financial crisis and default (public debt default), undermined investor confidence, both local and foreign.
Causes of the Crisis
We believe the crisis owed its existence to four main causes: (1) inappropriate fiscal policy, (2) wage and price rigidities inconsistent with a fixed exchange regime, (3) a considerable, adverse external shock, and (4) political turmoil.
Two-Tiered Fiscal Inconsistency
On one side, public expenditure growth measured in U.S. dollars outpaced GDP growth, corrected by tradable-goods prices. On the other, the federal and provincial primary fiscal surplus did not rise at an equal pace with the hike in the financial burden linked to growing debt and the gradual phasing out of preferential-rate bonds (Brady bonds and others issued to cancel government liabilities with pensioners and state contractors) replaced in turn by market-rate notes.
The impact and stress on convertibility caused by real shocks has led many analysts to challenge the fiscal nature of the crisis. (1) In our opinion, that doubt stems from an incomplete observation of Argentine data and to a misinterpretation of causality between public expenditure and real exchange rates.
And finally in a age when millions have become billions and billions have become trillions here's a number for you all to chew on, $99 trillion. Yes $99 FUCKING TRILLION DOLLARS THAT ME, MY GENERATION, AND MY KIDS AND THEIR GENERATION ARE ON THE FUCKING HOOK FOR. Thanks Reagan, Bush II and Obama, your insane fiscal policies have fucked me for my entire life and probably into my kids and their kids lives. Government is not the soultion EVER. You know how there was an old saying that Confederate money wasn't worth the paper it's printed on? That's going to be the US dollar in 5 years, tops, if we continue this orgy of spending.
"You've got some mild deflation here," he said.
The Oxford-educated Mr Fisher, an outspoken free-marketer and believer in the Schumpeterian process of "creative destruction", has been running a fervent campaign to alert Americans to the "very big hole" in unfunded pension and health-care liabilities built up by a careless political class over the years.
"We at the Dallas Fed believe the total is over $99 trillion," he said in February.
"This situation is of your own creation. When you berate your representatives or senators or presidents for the mess we are in, you are really berating yourself. You elect them," he said.
His warning comes amid growing fears that America could lose its AAA sovereign rating.
Mr Fisher, the Fed's leading hawk, was a fierce opponent of the original decision to buy Treasury debt, fearing that it would lead to a blurring of the line between fiscal and monetary policy – and could all too easily degenerate into Argentine-style financing of uncontrolled spending.
Now for those of you who don't know what the hell he's talking about in relation to Argentina read up on it here and the international socialist society has a surprisingly good article about it And theres a PDF file that a UCLA professor put together back early in 2002 that shows some disturbing similarities to what is going on in the US economy now. Sorry about all the hyperlinks folks but I don't want this post to be a mile long. Searching for 10 minutes online I think I am able to best explain the crisis through quoting this article from the CATO institute ( full article here)
The Argentine economy suffered a deep crisis during 2001 and 2002. Poverty stretched to one in every three homesteads in the suburbs of Buenos Aires, and the traumatic departure from convertibility, together with financial crisis and default (public debt default), undermined investor confidence, both local and foreign.
Causes of the Crisis
We believe the crisis owed its existence to four main causes: (1) inappropriate fiscal policy, (2) wage and price rigidities inconsistent with a fixed exchange regime, (3) a considerable, adverse external shock, and (4) political turmoil.
Two-Tiered Fiscal Inconsistency
On one side, public expenditure growth measured in U.S. dollars outpaced GDP growth, corrected by tradable-goods prices. On the other, the federal and provincial primary fiscal surplus did not rise at an equal pace with the hike in the financial burden linked to growing debt and the gradual phasing out of preferential-rate bonds (Brady bonds and others issued to cancel government liabilities with pensioners and state contractors) replaced in turn by market-rate notes.
The impact and stress on convertibility caused by real shocks has led many analysts to challenge the fiscal nature of the crisis. (1) In our opinion, that doubt stems from an incomplete observation of Argentine data and to a misinterpretation of causality between public expenditure and real exchange rates.
And finally in a age when millions have become billions and billions have become trillions here's a number for you all to chew on, $99 trillion. Yes $99 FUCKING TRILLION DOLLARS THAT ME, MY GENERATION, AND MY KIDS AND THEIR GENERATION ARE ON THE FUCKING HOOK FOR. Thanks Reagan, Bush II and Obama, your insane fiscal policies have fucked me for my entire life and probably into my kids and their kids lives. Government is not the soultion EVER. You know how there was an old saying that Confederate money wasn't worth the paper it's printed on? That's going to be the US dollar in 5 years, tops, if we continue this orgy of spending.
"You've got some mild deflation here," he said.
The Oxford-educated Mr Fisher, an outspoken free-marketer and believer in the Schumpeterian process of "creative destruction", has been running a fervent campaign to alert Americans to the "very big hole" in unfunded pension and health-care liabilities built up by a careless political class over the years.
"We at the Dallas Fed believe the total is over $99 trillion," he said in February.
"This situation is of your own creation. When you berate your representatives or senators or presidents for the mess we are in, you are really berating yourself. You elect them," he said.
His warning comes amid growing fears that America could lose its AAA sovereign rating.
Wednesday, May 27, 2009
North Korea Update
Ok I refuse to post on the SCOTUS pick until this crisis, and yes it is a crisis, with North Korea and Kim imadong-Il passes. Why the MSM has refused to cover this at the level they SHOULD BE is beyond me. I mean is having confirmation hearings debating on whether or not O's SCOTUS pick is more important than a possible nuclear conflict just shows how far the MSM has fallen in this country. From the South Korean AP:
SEOUL, South Korea (AP) - North Korea threatened military action Wednesday against U.S. and South Korean warships plying the waters near the Koreas' disputed maritime border, raising the specter of a naval clash just days after the regime's underground nuclear test.
Pyongyang, reacting angrily to Seoul's decision to join an international program to intercept ships suspected of aiding nuclear proliferation, called the move tantamount to a declaration of war.
"Now that the South Korean puppets were so ridiculous as to join in the said racket and dare declare a war against compatriots," North Korea is "compelled to take a decisive measure," the Committee for the Peaceful Reunification of Korea said in a statement carried by state media.
Seoul's decision comes at a time when "the state of military confrontation is growing acute and there is constant danger of military conflict," the statement warned.
South Korea's military said Wednesday it was prepared to "respond sternly" to any North Korean provocation.
North Korea's latest belligerence comes as the U.N. Security Council debates how to punish the regime for testing a nuclear bomb Monday in what President Barack Obama called a "blatant violation" of international law.
Ambassadors from the five permanent veto-wielding council members - the United States, Russia, China, Britain and France - as well as Japan and South Korea were working out the details of a new resolution.
South Korea, divided from the North by a heavily fortified border, had responded to the nuclear test by joining the Proliferation Security Initiative, a U.S.-led network of nations seeking to stop ships from transporting the materials used in nuclear bombs.
Seoul previously resisted joining the PSI in favor of seeking reconciliation with Pyongyang, but pushed those efforts aside Monday after the nuclear test in the northeast.
North Korea warned Wednesday that any attempt to stop, board or inspect its ships would constitute a "grave violation."
The regime also said it could no longer promise the safety of U.S. and South Korean warships and civilian vessels in the waters near the Korea's western maritime border.
"They should bear in mind that the (North) has tremendous military muscle and its own method of strike able to conquer any targets in its vicinity at one stroke or hit the U.S. on the raw, if necessary," it said.
The maritime border has long been a flashpoint between the two Koreas. North Korea disputes the line unilaterally drawn by the United Nations at the end of the Koreas' three-year war in 1953, and has demanded it be redrawn further south.
The truce signed in 1953 and subsequent military agreements call for both sides to refrain from warfare, but doesn't cover the waters off the west coast.
North Korea has used the maritime border dispute to provoke two deadly naval skirmishes - in 1999 and 2002.
On Wednesday, the regime promised "unimaginable and merciless punishment" for anyone daring to challenge its ships.
Pyongyang also reportedly restarted its weapons-grade nuclear plant, South Korean media said.
The Chosun Ilbo newspaper said U.S. spy satellites detected signs of steam at the North's Yongbyon nuclear complex, an indication it may have started reprocessing nuclear fuel. The report, which could not be confirmed, quoted an unidentified government official. South Korea's Yonhap news agency also carried a similar report.
The move would be a major setback for efforts aimed at getting North Korea to disarm.
North Korea had stopped reprocessing fuel rods as part of an international deal. In 2007, it agreed to disable the Yongbyon reactor in exchange for aid and demolished a cooling tower at the complex.
The North has about 8,000 spent fuel rods which, if reprocessed, could allow it to harvest 13 to 18 pounds (six to eight kilograms) of plutonium - enough to make at least one nuclear bomb, experts said. North Korea is believed to have enough plutonium for at least a half dozen atomic bombs.
Further ratcheting up tensions, North Korea test-fired five short-range missiles over the past two days, South Korean officials confirmed.
A North Korean newspaper, Minju Joson, said in commentary Wednesday that Pyongyang does not fear repercussions for its actions.
"It is a laughable delusion for the United States to think that it can get us to kneel with sanctions," it said. "We've been living under U.S. sanctions for decades, but have firmly safeguarded our ideology and system while moving our achievements forward. The U.S. sanctions policy toward North Korea is like striking a rock with a rotten egg."
I am reminded back to a scene in the 2004 classic, Team America: World Police
warning NSFW if you have the volume on...
It would be much funnier if it wasn't so fucking true.
SEOUL, South Korea (AP) - North Korea threatened military action Wednesday against U.S. and South Korean warships plying the waters near the Koreas' disputed maritime border, raising the specter of a naval clash just days after the regime's underground nuclear test.
Pyongyang, reacting angrily to Seoul's decision to join an international program to intercept ships suspected of aiding nuclear proliferation, called the move tantamount to a declaration of war.
"Now that the South Korean puppets were so ridiculous as to join in the said racket and dare declare a war against compatriots," North Korea is "compelled to take a decisive measure," the Committee for the Peaceful Reunification of Korea said in a statement carried by state media.
Seoul's decision comes at a time when "the state of military confrontation is growing acute and there is constant danger of military conflict," the statement warned.
South Korea's military said Wednesday it was prepared to "respond sternly" to any North Korean provocation.
North Korea's latest belligerence comes as the U.N. Security Council debates how to punish the regime for testing a nuclear bomb Monday in what President Barack Obama called a "blatant violation" of international law.
Ambassadors from the five permanent veto-wielding council members - the United States, Russia, China, Britain and France - as well as Japan and South Korea were working out the details of a new resolution.
South Korea, divided from the North by a heavily fortified border, had responded to the nuclear test by joining the Proliferation Security Initiative, a U.S.-led network of nations seeking to stop ships from transporting the materials used in nuclear bombs.
Seoul previously resisted joining the PSI in favor of seeking reconciliation with Pyongyang, but pushed those efforts aside Monday after the nuclear test in the northeast.
North Korea warned Wednesday that any attempt to stop, board or inspect its ships would constitute a "grave violation."
The regime also said it could no longer promise the safety of U.S. and South Korean warships and civilian vessels in the waters near the Korea's western maritime border.
"They should bear in mind that the (North) has tremendous military muscle and its own method of strike able to conquer any targets in its vicinity at one stroke or hit the U.S. on the raw, if necessary," it said.
The maritime border has long been a flashpoint between the two Koreas. North Korea disputes the line unilaterally drawn by the United Nations at the end of the Koreas' three-year war in 1953, and has demanded it be redrawn further south.
The truce signed in 1953 and subsequent military agreements call for both sides to refrain from warfare, but doesn't cover the waters off the west coast.
North Korea has used the maritime border dispute to provoke two deadly naval skirmishes - in 1999 and 2002.
On Wednesday, the regime promised "unimaginable and merciless punishment" for anyone daring to challenge its ships.
Pyongyang also reportedly restarted its weapons-grade nuclear plant, South Korean media said.
The Chosun Ilbo newspaper said U.S. spy satellites detected signs of steam at the North's Yongbyon nuclear complex, an indication it may have started reprocessing nuclear fuel. The report, which could not be confirmed, quoted an unidentified government official. South Korea's Yonhap news agency also carried a similar report.
The move would be a major setback for efforts aimed at getting North Korea to disarm.
North Korea had stopped reprocessing fuel rods as part of an international deal. In 2007, it agreed to disable the Yongbyon reactor in exchange for aid and demolished a cooling tower at the complex.
The North has about 8,000 spent fuel rods which, if reprocessed, could allow it to harvest 13 to 18 pounds (six to eight kilograms) of plutonium - enough to make at least one nuclear bomb, experts said. North Korea is believed to have enough plutonium for at least a half dozen atomic bombs.
Further ratcheting up tensions, North Korea test-fired five short-range missiles over the past two days, South Korean officials confirmed.
A North Korean newspaper, Minju Joson, said in commentary Wednesday that Pyongyang does not fear repercussions for its actions.
"It is a laughable delusion for the United States to think that it can get us to kneel with sanctions," it said. "We've been living under U.S. sanctions for decades, but have firmly safeguarded our ideology and system while moving our achievements forward. The U.S. sanctions policy toward North Korea is like striking a rock with a rotten egg."
I am reminded back to a scene in the 2004 classic, Team America: World Police
warning NSFW if you have the volume on...
It would be much funnier if it wasn't so fucking true.
Tuesday, May 26, 2009
Memorial Day
This day, the official start of summer (yes I know I'm doing this post a day late but I've been sick as a dog the past 48 hours so back the fuck off) and BBQ season means a lot more to me than most Americans. I had a Grandpa and 2 Great Uncles fight in WWII. My Grandpa fought in the Battle of the Bulge, in the winter of 1944-45, got shot twice (one thankfully bounced off his belt buckle, one got planted in his thigh), and had such severe frostbite that he had to be hospitalized in the UK for 3-6 months (my grandma's memory is fuzzy). Sadly he passed away of Alzheimers in July, 2005. I was "lucky" in the fact I was the only grandchild to see his last moments and let me tell you I will never forget the 1-2 minutes I had with him. I'd like to think he recogized me but being realistic he probably didn't. He passed a mere 5 hours after I got up there to see him.
Actually that story is worth telling, it was 2005 and I had just graduated high school. Unlike nearly all of my friends I didn't want a graduation party, it just wasn't me, so instead my "party" was a trip out east to see my aunt and uncle who lived just outside of DC. My uncle worked(s) at the DOT and they have 3 grown children. The plan (at least originally) was to go to DC for 3-4 days then head down to NC to see my cousin and his wife and kids.
The day we were going down we spent the day in DC (got a killer private tour of the capitol thanks to Jim Ramstead's office, I've always been good at political connections), we even sat in on a live house session for 10 minutes. We also visited the WWII memorial which had just FINALLY been completed the year before (easily 20+ years overdue but I digress). We were literally on the way down to see my cousin when my mom got a call from her sister finding out that her dad (my grandpa) was on a morphine drip which basically meant he had less than 24 hours to live. Was I pissed? You bet, at first. Then I thought about the fact that of all the times for gramps to pass he did it just when I happened to be just a 10 hour car drive from him. Concidence? Sorry I don't believe in those, it was meant to be and when everything was done I was glad I got to see him in his final hours. He also left me little hints in the days after that he was ok.
On to my great uncles who, sadly, I know very little about. My Great Uncle Byrl went up through Mussolini's Italy and into Rome as a Marine. He had a great story about the Catacombs there in Rome. He said that they were down there screwing around (like most normal 18-25 year old guys) and started messing around with the skulls down there. They put the skulls on a stick to scare the people coming down buy right as they did their flashlights went out. They took it off the stick and their flashlights went back on, they high-tailed it out of there in a hurry. And my Great Uncle Chuck was part of the Pacific campaign and he said he saw more people die from jungle rot or infection than in battle.
Those are my litle Memorial Day stories...
Actually that story is worth telling, it was 2005 and I had just graduated high school. Unlike nearly all of my friends I didn't want a graduation party, it just wasn't me, so instead my "party" was a trip out east to see my aunt and uncle who lived just outside of DC. My uncle worked(s) at the DOT and they have 3 grown children. The plan (at least originally) was to go to DC for 3-4 days then head down to NC to see my cousin and his wife and kids.
The day we were going down we spent the day in DC (got a killer private tour of the capitol thanks to Jim Ramstead's office, I've always been good at political connections), we even sat in on a live house session for 10 minutes. We also visited the WWII memorial which had just FINALLY been completed the year before (easily 20+ years overdue but I digress). We were literally on the way down to see my cousin when my mom got a call from her sister finding out that her dad (my grandpa) was on a morphine drip which basically meant he had less than 24 hours to live. Was I pissed? You bet, at first. Then I thought about the fact that of all the times for gramps to pass he did it just when I happened to be just a 10 hour car drive from him. Concidence? Sorry I don't believe in those, it was meant to be and when everything was done I was glad I got to see him in his final hours. He also left me little hints in the days after that he was ok.
On to my great uncles who, sadly, I know very little about. My Great Uncle Byrl went up through Mussolini's Italy and into Rome as a Marine. He had a great story about the Catacombs there in Rome. He said that they were down there screwing around (like most normal 18-25 year old guys) and started messing around with the skulls down there. They put the skulls on a stick to scare the people coming down buy right as they did their flashlights went out. They took it off the stick and their flashlights went back on, they high-tailed it out of there in a hurry. And my Great Uncle Chuck was part of the Pacific campaign and he said he saw more people die from jungle rot or infection than in battle.
Those are my litle Memorial Day stories...
Saturday, May 23, 2009
Failblog and FML Friday, Saturday edition
The world is depressing enough, lets have some fun before we get back to sobering reality...
Some things are so wrong its funny, this is one of those things...
Id actually say its a darwin win
Now for some good FML...
Today, I tried buying a video game that was rated "M - for mature". The Cashier told me "you have to be 17 to buy this game". I didn't have any ID on me. I'm 25. FML
Today, I slipped on a banana peel in a store parking lot as I was getting out of my car. I landed on my ass. The cops that were parking behind me later informed me that I would be able to see the video on youtube. FML
Today, I was at my friend's younger brother's birthday party, who also happens to be deaf. His father gave him a bat and a blindfold and the boy started swinging away at what he thought was the pinata. Unfortunately, he could not see or hear anyone shouting to stop hitting his father. FML
Today, I am studying abroad in Mexico and someone asked me what it's like to be from Minnesota. I responded in Spanish, in front of thirty people, what I thought translated to, "If you get cold, you can just put on a jacket." Apparently, what I thought meant "jacket" actually meant "masturbate". FML
Today, while babysitting my nephews, one of them (7 year old boy) walks up to me and ask if I was a lesbian. I laughed it off. What ensued was an argument about my sexuality for a good two hours... I lost. FML
Today, the pharmacy lady wished me a happy birthday. I was buying the morning after pill. FML
Today, I picked up my cat and it went wild because I didn't know he was sleeping. I ended with with several cuts, and one on my wrist. Later a kid in my high school saw my wrist and told my guidance counselor who told my parents. Now everyone thinks I'm either a liar, attention whore, or emo. FML
Today, I was discussing my family heritage with my girlfriends parents. The minute I told them I came from a German background, her little brother (age 7) yelled out and pointed at me HITLER! FML
Today, I woke up at 5:15, snow blowed and salted the driveway for over an hour, left early and drove an hour on shitty roads just to get to work on time only to be laid off. FML
Today, I went to buy some Ibuprofen and got asked for ID. You have to be over 16 to buy it. I'm 25. FML
Thats all for now folks. Lots to do tomorrow...
Some things are so wrong its funny, this is one of those things...
Id actually say its a darwin win
Now for some good FML...
Today, I tried buying a video game that was rated "M - for mature". The Cashier told me "you have to be 17 to buy this game". I didn't have any ID on me. I'm 25. FML
Today, I slipped on a banana peel in a store parking lot as I was getting out of my car. I landed on my ass. The cops that were parking behind me later informed me that I would be able to see the video on youtube. FML
Today, I was at my friend's younger brother's birthday party, who also happens to be deaf. His father gave him a bat and a blindfold and the boy started swinging away at what he thought was the pinata. Unfortunately, he could not see or hear anyone shouting to stop hitting his father. FML
Today, I am studying abroad in Mexico and someone asked me what it's like to be from Minnesota. I responded in Spanish, in front of thirty people, what I thought translated to, "If you get cold, you can just put on a jacket." Apparently, what I thought meant "jacket" actually meant "masturbate". FML
Today, while babysitting my nephews, one of them (7 year old boy) walks up to me and ask if I was a lesbian. I laughed it off. What ensued was an argument about my sexuality for a good two hours... I lost. FML
Today, the pharmacy lady wished me a happy birthday. I was buying the morning after pill. FML
Today, I picked up my cat and it went wild because I didn't know he was sleeping. I ended with with several cuts, and one on my wrist. Later a kid in my high school saw my wrist and told my guidance counselor who told my parents. Now everyone thinks I'm either a liar, attention whore, or emo. FML
Today, I was discussing my family heritage with my girlfriends parents. The minute I told them I came from a German background, her little brother (age 7) yelled out and pointed at me HITLER! FML
Today, I woke up at 5:15, snow blowed and salted the driveway for over an hour, left early and drove an hour on shitty roads just to get to work on time only to be laid off. FML
Today, I went to buy some Ibuprofen and got asked for ID. You have to be over 16 to buy it. I'm 25. FML
Thats all for now folks. Lots to do tomorrow...
Friday, May 22, 2009
Trouble in the UK
I know, people think that anything that happens over in Europe is pretty meaningless. Until this whole economic collapse and massive political scandel I would have agreed with you. Let me give you a quick background on this massive political scandel (and for those of you who aren't familiar with how the House of Commons works it basically is the UK version of our House of Representatives. Gordon Brown= Nancy Pelosi (sort of) and David Cameron= John Boehner). A few weeks ago the London Telegraph (NY Post of the UK) bought a disk that had all expense account claims from MP's over the past 48 months. The MP's get an allowance to cover rent for housing when they are representing their districts at Downing Street but they abused (or more accurately raped) their privliges. This from UK Reuters:
LONDON (Reuters) - Embarrassing disclosures about the vast expenses claims of MPs amount to a "McCarthy-style witch-hunt" that risks driving politicians to suicide, an MP warned on Friday.
Nadine Dorries wrote on her blog that the two-week scandal, in which the Daily Telegraph has drip-fed details of how MPs have abused their generous expense allowances, was forcing politicians to the brink.
The scandal has triggered outrage across recession-hit Britain and opposition calls for an early general election.
European and local elections to be held on June 4 are expected to reflect the level of popular disgust, with lower voter turnout and a move towards fringe parties predicted.
"The atmosphere in Westminster is unbearable," Conservative MP Dorries wrote on the blog (blog.dorries.org ). "People are constantly checking to see if others are OK. Everyone fears a suicide. If someone isn't seen, offices are called and checked."
Asked about her comments on BBC radio on Friday, she sought to back away from the suicide suggestion, but said the disclosures, including that politicians charged for duck ponds, horse manure, bath plugs and pornographic films, were forcing MPs to breaking point.
"What the Telegraph are executing is almost a McCarthy-style witch-hunt. The way they are deploying their tactics and the way they are treating MPs has reached a point now at almost two weeks where I think people are seriously beginning to crack.
"I have to say the last day in parliament this week was completely unbearable. I have never, ever been in an atmosphere or an environment like it, where everyone walks around with terror in their eyes. People are genuinely concerned."
UNBEARABLE DISCLOSURE"
Dorries, whose own use of expenses to buy household goods was exposed by the Telegraph, joins a number of politicians who have attacked the disclosures rather than apologising.
Conservative leader David Cameron, who is expected to win the next election, said she should be thinking about the electorate not other MPs.
"Of course MPs are concerned about what is happening, but frankly MPs ought to be concerned about what their constituents think, they ought to be worrying about the people who put us where we are," he told the BBC.
The disclosures have focussed on MP's use of second-home allowances to charge a host of ordinary items to expenses and sidestep capital gains taxes. On Friday one MP who used his expenses to pay for his daughter's home in London today faced a closer examination of his records and said he could stand down.
Several MPs have either been admonished by their parties or said they will give up their seats at the next election, which has to be held before June next year.
Politicians have been heckled and shouted at in the street for their behaviour and police are investigating whether there should be possible criminal charges.
Damn... More to come, don't worry I haven't forgotten about FML/Failblog Friday.
LONDON (Reuters) - Embarrassing disclosures about the vast expenses claims of MPs amount to a "McCarthy-style witch-hunt" that risks driving politicians to suicide, an MP warned on Friday.
Nadine Dorries wrote on her blog that the two-week scandal, in which the Daily Telegraph has drip-fed details of how MPs have abused their generous expense allowances, was forcing politicians to the brink.
The scandal has triggered outrage across recession-hit Britain and opposition calls for an early general election.
European and local elections to be held on June 4 are expected to reflect the level of popular disgust, with lower voter turnout and a move towards fringe parties predicted.
"The atmosphere in Westminster is unbearable," Conservative MP Dorries wrote on the blog (blog.dorries.org ). "People are constantly checking to see if others are OK. Everyone fears a suicide. If someone isn't seen, offices are called and checked."
Asked about her comments on BBC radio on Friday, she sought to back away from the suicide suggestion, but said the disclosures, including that politicians charged for duck ponds, horse manure, bath plugs and pornographic films, were forcing MPs to breaking point.
"What the Telegraph are executing is almost a McCarthy-style witch-hunt. The way they are deploying their tactics and the way they are treating MPs has reached a point now at almost two weeks where I think people are seriously beginning to crack.
"I have to say the last day in parliament this week was completely unbearable. I have never, ever been in an atmosphere or an environment like it, where everyone walks around with terror in their eyes. People are genuinely concerned."
UNBEARABLE DISCLOSURE"
Dorries, whose own use of expenses to buy household goods was exposed by the Telegraph, joins a number of politicians who have attacked the disclosures rather than apologising.
Conservative leader David Cameron, who is expected to win the next election, said she should be thinking about the electorate not other MPs.
"Of course MPs are concerned about what is happening, but frankly MPs ought to be concerned about what their constituents think, they ought to be worrying about the people who put us where we are," he told the BBC.
The disclosures have focussed on MP's use of second-home allowances to charge a host of ordinary items to expenses and sidestep capital gains taxes. On Friday one MP who used his expenses to pay for his daughter's home in London today faced a closer examination of his records and said he could stand down.
Several MPs have either been admonished by their parties or said they will give up their seats at the next election, which has to be held before June next year.
Politicians have been heckled and shouted at in the street for their behaviour and police are investigating whether there should be possible criminal charges.
Damn... More to come, don't worry I haven't forgotten about FML/Failblog Friday.
Thursday, May 21, 2009
new blog...
Ok in what is to be the eventual demise of Anti-Strib, a site I have probably been too loyal to over the years, I am starting a new blog, I haven't even come up with a name for it yet though but plan to soon. I may even launch later tonight. I shall be inviting a select few from anti-strib and I will scour the MOB for talent I can, ahem, borrow (steal is such and ugly word). More to come soon!
Wednesday, May 20, 2009
A BIG win for fiscal sanity!
for the 90% of you who don't know what the hell I'm talking about there was a ballot measure for half a dozen MAJOR tax increases for the citizens of CA to vote on today, details and results below. Note numbers are as of 11:40pmPST (1:40amCST) with ~74% of the precincts reporting. Final numbers probably won't be available until sunrise.
Proposition 1A “Rainy Day” Budget Stabilization Fund
Increases size of state “rainy day” fund from 5% to 12.5% of the General Fund. A portion of the annual deposits into that fund would be dedicated to savings for future economic downturns, and the remainder would be available to fund education, infrastructure, and debt repayment, or for use in a declared emergency.
Requires additional revenue above historic trends to be deposited into state “rainy day” fund, limiting spending.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Higher state tax revenues of roughly $16 billion from 2010—11 through 2012—13 to help balance the state budget.
In many years, increased amounts of money in state “rainy day” reserve fund.
Potentially less ups and downs in state spending over time.
Possible greater state spending on repaying budgetary borrowing and debt, infrastructure projects, and temporary tax relief. In some cases, this would mean less money available for ongoing spending.)
Yes:34.9%
No:65.1%
The peoples vote above, here's how their elected officials (and I use that term VERY loosely) voted
Final votes cast by the legislature on ACA 1 (Proposition 1A)
Senate: Ayes 30 Noes 8
--------------------------------------------------------------------------------
Assembly: Ayes 74 Noes 6
Final votes cast by the legislature on SCA 13 (Proposition 1A)
Senate: Ayes 39 Noes 0
--------------------------------------------------------------------------------
Assembly: Ayes 64 Noes 6
Proposition 1B Education Funding. Payment Plan.
EDUCATION FUNDING. PAYMENT PLAN.
Requires supplemental payments to local school districts and community colleges to address recent budget cuts.
Annual payments begin in 2011–12.
Payments are funded from the state’s Budget Stabilization Fund until the total amount has been paid.
Payments to local school districts will be allocated in proportion to average daily attendance and may be used for classroom instruction, textbooks and other local educational programs.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Fiscal impact would depend on how current constitutional provisions would otherwise be interpreted.
Potential state savings of up to several billion dollars in 2009–10 and 2010–11.
Potential state costs of billions of dollars annually thereafter.
Yes:38.3%
No:61.7%
Final votes cast by the legislature on ACA 2 (Proposition 1B)
Senate: Ayes 28 Noes 10
--------------------------------------------------------------------------------
Assembly: Ayes 68 Noes 11
Proposition 1C Lottery Modernization Act
LOTTERY MODERNIZATION ACT.
Allows the state lottery to be modernized to improve its performance with increased payouts, improved marketing, and effective management.
Requires the state to maintain ownership of the lottery and authorizes additional accountability measures.
Protects funding levels for schools currently provided by lottery revenues.
Increased lottery revenues will be used to address current budget deficit and reduce the need for additional tax increases and cuts to state programs.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Impact on 2009–10 State Budget: Allows $5 billion of borrowing from future lottery profits to help balance the 2009–10 state budget.
Impact on Future State Budgets: Debt-service payments on the lottery borrowing and higher payments to education would likely make it more difficult to balance future state budgets. This impact would be lessened by potentially higher lottery profits. Additional lottery borrowing would be allowed.
Yes:36.1%
No:63.9%
Final votes cast by the legislature on AB 12 (Proposition 1c)
Senate: Ayes 30 Noes 8
--------------------------------------------------------------------------------
Assembly: Ayes 70 Noes 8
Final votes cast by the legislature on SCA 12 (Proposition 1c)
Senate: Ayes 27 Noes 9
--------------------------------------------------------------------------------
Assembly: Ayes 63 Noes 14
Proposition 1D Children’s Services Funding
PROTECTS CHILDREN’S SERVICES FUNDING. HELPS BALANCE STATE BUDGET.
Provides more than $600 million to protect children’s programs in difficult economic times.
Redirects existing tobacco tax money to protect health and human services for children, including services for at-risk families, services for children with disabilities, and services for foster children.
Temporarily allows the redirection of existing money to fund health and human service programs for children 5 years old and under.
Ensures counties retain funding for local priorities.
Helps balance state budget.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
State General Fund savings of up to $608 million in 2009–10 and $268 million annually from 2010–11 through 2013–14, from temporarily redirecting a portion of funds from the California Children and Families Program in place of state General Fund support of health and human services programs for children up to age five.
Corresponding reductions in funding for early childhood development programs provided by the California Children and Families Program.
Yes:35.2%
No:64.8%
Final votes cast by the legislature on AB 17 (Proposition 1D)
Senate: Ayes 37 Noes 0
--------------------------------------------------------------------------------
Assembly: Ayes 75 Noes 3
Proposition 1E Mental Health Funding
MENTAL HEALTH SERVICES FUNDING. TEMPORARY REALLOCATION. HELPS BALANCE STATE BUDGET.
Amends Mental Health Services Act (Proposition 63 of 2004) to transfer funds, for a two-year period, from mental health programs under that act to pay for mental health services for children and young adults provided through the Early and Periodic Screening, Diagnosis, and Treatment Program.
Provides more than $225 million in flexible funding for mental health programs.
Helps balance state budget during this difficult economic time.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
State General Fund savings of about $230 million annually for two years (2009–10 and 2010–11) from redirecting a portion of Proposition 63 funds to an existing state program in place of state General Fund support.
Corresponding reduction in funding available for Proposition 63 community mental health programs.
Yes:34.5%
No:65.5%
Final votes cast by the legislature on SB 10 (Proposition 1E)
Senate: Ayes 36 Noes 2
--------------------------------------------------------------------------------
Assembly: Ayes 76 Noes 4
Proposition 1F Elected Officials Salaries
ELECTED OFFICIALS’ SALARIES.
PREVENTS PAY INCREASES DURING BUDGET DEFICIT YEARS.
Encourages balanced state budgets by preventing elected Members of the Legislature and statewide constitutional officers, including the Governor, from receiving pay raises in years when the state is running a deficit.
Directs the Director of Finance to determine whether a given year is a deficit year.
Prevents the Citizens Compensation Commission from increasing elected officials’ salaries in years when the state Special Fund for Economic Uncertainties is in the negative by an amount equal to or greater than one percent of the General Fund.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Minor state savings related to elected state officials’ salaries in some cases when the state is expected to end the year with a budget deficit.
Yes:74.6%
No:25.4%
Final votes cast by the legislature on SCA 8 (Proposition 1F)
Senate: Ayes 39 Noes 0
--------------------------------------------------------------------------------
Assembly: Ayes 80 Noes 0
Proposition 1A “Rainy Day” Budget Stabilization Fund
Increases size of state “rainy day” fund from 5% to 12.5% of the General Fund. A portion of the annual deposits into that fund would be dedicated to savings for future economic downturns, and the remainder would be available to fund education, infrastructure, and debt repayment, or for use in a declared emergency.
Requires additional revenue above historic trends to be deposited into state “rainy day” fund, limiting spending.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Higher state tax revenues of roughly $16 billion from 2010—11 through 2012—13 to help balance the state budget.
In many years, increased amounts of money in state “rainy day” reserve fund.
Potentially less ups and downs in state spending over time.
Possible greater state spending on repaying budgetary borrowing and debt, infrastructure projects, and temporary tax relief. In some cases, this would mean less money available for ongoing spending.)
Yes:34.9%
No:65.1%
The peoples vote above, here's how their elected officials (and I use that term VERY loosely) voted
Final votes cast by the legislature on ACA 1 (Proposition 1A)
Senate: Ayes 30 Noes 8
--------------------------------------------------------------------------------
Assembly: Ayes 74 Noes 6
Final votes cast by the legislature on SCA 13 (Proposition 1A)
Senate: Ayes 39 Noes 0
--------------------------------------------------------------------------------
Assembly: Ayes 64 Noes 6
Proposition 1B Education Funding. Payment Plan.
EDUCATION FUNDING. PAYMENT PLAN.
Requires supplemental payments to local school districts and community colleges to address recent budget cuts.
Annual payments begin in 2011–12.
Payments are funded from the state’s Budget Stabilization Fund until the total amount has been paid.
Payments to local school districts will be allocated in proportion to average daily attendance and may be used for classroom instruction, textbooks and other local educational programs.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Fiscal impact would depend on how current constitutional provisions would otherwise be interpreted.
Potential state savings of up to several billion dollars in 2009–10 and 2010–11.
Potential state costs of billions of dollars annually thereafter.
Yes:38.3%
No:61.7%
Final votes cast by the legislature on ACA 2 (Proposition 1B)
Senate: Ayes 28 Noes 10
--------------------------------------------------------------------------------
Assembly: Ayes 68 Noes 11
Proposition 1C Lottery Modernization Act
LOTTERY MODERNIZATION ACT.
Allows the state lottery to be modernized to improve its performance with increased payouts, improved marketing, and effective management.
Requires the state to maintain ownership of the lottery and authorizes additional accountability measures.
Protects funding levels for schools currently provided by lottery revenues.
Increased lottery revenues will be used to address current budget deficit and reduce the need for additional tax increases and cuts to state programs.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Impact on 2009–10 State Budget: Allows $5 billion of borrowing from future lottery profits to help balance the 2009–10 state budget.
Impact on Future State Budgets: Debt-service payments on the lottery borrowing and higher payments to education would likely make it more difficult to balance future state budgets. This impact would be lessened by potentially higher lottery profits. Additional lottery borrowing would be allowed.
Yes:36.1%
No:63.9%
Final votes cast by the legislature on AB 12 (Proposition 1c)
Senate: Ayes 30 Noes 8
--------------------------------------------------------------------------------
Assembly: Ayes 70 Noes 8
Final votes cast by the legislature on SCA 12 (Proposition 1c)
Senate: Ayes 27 Noes 9
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Assembly: Ayes 63 Noes 14
Proposition 1D Children’s Services Funding
PROTECTS CHILDREN’S SERVICES FUNDING. HELPS BALANCE STATE BUDGET.
Provides more than $600 million to protect children’s programs in difficult economic times.
Redirects existing tobacco tax money to protect health and human services for children, including services for at-risk families, services for children with disabilities, and services for foster children.
Temporarily allows the redirection of existing money to fund health and human service programs for children 5 years old and under.
Ensures counties retain funding for local priorities.
Helps balance state budget.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
State General Fund savings of up to $608 million in 2009–10 and $268 million annually from 2010–11 through 2013–14, from temporarily redirecting a portion of funds from the California Children and Families Program in place of state General Fund support of health and human services programs for children up to age five.
Corresponding reductions in funding for early childhood development programs provided by the California Children and Families Program.
Yes:35.2%
No:64.8%
Final votes cast by the legislature on AB 17 (Proposition 1D)
Senate: Ayes 37 Noes 0
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Assembly: Ayes 75 Noes 3
Proposition 1E Mental Health Funding
MENTAL HEALTH SERVICES FUNDING. TEMPORARY REALLOCATION. HELPS BALANCE STATE BUDGET.
Amends Mental Health Services Act (Proposition 63 of 2004) to transfer funds, for a two-year period, from mental health programs under that act to pay for mental health services for children and young adults provided through the Early and Periodic Screening, Diagnosis, and Treatment Program.
Provides more than $225 million in flexible funding for mental health programs.
Helps balance state budget during this difficult economic time.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
State General Fund savings of about $230 million annually for two years (2009–10 and 2010–11) from redirecting a portion of Proposition 63 funds to an existing state program in place of state General Fund support.
Corresponding reduction in funding available for Proposition 63 community mental health programs.
Yes:34.5%
No:65.5%
Final votes cast by the legislature on SB 10 (Proposition 1E)
Senate: Ayes 36 Noes 2
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Assembly: Ayes 76 Noes 4
Proposition 1F Elected Officials Salaries
ELECTED OFFICIALS’ SALARIES.
PREVENTS PAY INCREASES DURING BUDGET DEFICIT YEARS.
Encourages balanced state budgets by preventing elected Members of the Legislature and statewide constitutional officers, including the Governor, from receiving pay raises in years when the state is running a deficit.
Directs the Director of Finance to determine whether a given year is a deficit year.
Prevents the Citizens Compensation Commission from increasing elected officials’ salaries in years when the state Special Fund for Economic Uncertainties is in the negative by an amount equal to or greater than one percent of the General Fund.
Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact:
Minor state savings related to elected state officials’ salaries in some cases when the state is expected to end the year with a budget deficit.
Yes:74.6%
No:25.4%
Final votes cast by the legislature on SCA 8 (Proposition 1F)
Senate: Ayes 39 Noes 0
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Assembly: Ayes 80 Noes 0
Tuesday, May 19, 2009
fun stuff..
before I go full out into the new and improved Hard Rock Conservative (with 3+ posts a day) I thought I should have a little fun, some great stuff from failblog.org and fmylife.com
mmm... mexican salad
I perfer mine frog free thank you
Ok, this is one of the best ones I've seen on failblog EVER. Made me laugh for a good 30 seconds, and I really hope it was just a typo otherwise I missed out on something.
This is what my cats would do if they saw a mouse
This one requires some analysis...
Teacher WANTS to see him? ok then...
Worst business idea EVER
those were good, now for some FML...
Today, I had sex with a girl who cried out as she came "Forgive me Lord! Forgive me Lord!" FML
Today, I found out who'd been smoking MY weed in MY room. It wasn't my little brother. It was my parents. FML
Today, after going to college for 5 years to become an architect I discover my plumber makes more than I do. FML
Today, my mother bought me some « biodegradable » tissues. Indeed, they melted… in my hand. FML
Today, eating at a nice restaurant and feeling curious, I daringly ask for the surprise 'Maiden's Dreams' desert. The waiter comes back with a banana between two ice cream balls on a plate and no spoon. FML
More on Friday (hopefully)!
mmm... mexican salad
I perfer mine frog free thank you
Ok, this is one of the best ones I've seen on failblog EVER. Made me laugh for a good 30 seconds, and I really hope it was just a typo otherwise I missed out on something.
This is what my cats would do if they saw a mouse
This one requires some analysis...
Teacher WANTS to see him? ok then...
Worst business idea EVER
those were good, now for some FML...
Today, I had sex with a girl who cried out as she came "Forgive me Lord! Forgive me Lord!" FML
Today, I found out who'd been smoking MY weed in MY room. It wasn't my little brother. It was my parents. FML
Today, after going to college for 5 years to become an architect I discover my plumber makes more than I do. FML
Today, my mother bought me some « biodegradable » tissues. Indeed, they melted… in my hand. FML
Today, eating at a nice restaurant and feeling curious, I daringly ask for the surprise 'Maiden's Dreams' desert. The waiter comes back with a banana between two ice cream balls on a plate and no spoon. FML
More on Friday (hopefully)!
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