November 26th, 2008

yellow_elephant

How Quickly THEY forget about the War Against White Christian America!!!

U.S. authorities have warned of a possible al Qaeda threat to transit systems in and around New York City, a Homeland Security official said on Wednesday.

New York police said they were increasing security in response to the warning, but said this was "in an abundance of caution."

"The New York City Police Department is aware of an unsubstantiated report indicating that al Qaeda terrorists discussed targeting mass transit in New York City and the vicinity," Deputy Commissioner Paul Browne told Reuters.

Homeland Security Department spokesman Russ Knocke said the action was taken on the basis of "plausible but uncorroborated information" and that al Qaeda may have discussed such attacks in late September.

[ cf New York warns of possible al Qaeda attack ]
Well, there you have it!!!

What more proof can there be, that we must stop gay marriages, but clearly, only by RealWhiteChristianAmericans[dm], and not by the WhiteChristianAmericanWannaBes such as the Papist-Mormonist-Moonie Troika of not really white christian americans.

So remember boys and nonPerkin, if you are thinking of visiting sites like eHarmony.com, ask yourself,
Are these REALLY the correct types of White Christian Americans????

The sort who understand the GOD GIVEN biblical mandates about Capital Depreciation Schedules on all of one's wives, concubines, and chattel, and that we do not want to give these to gay people who would only consider them some form of special right.
Because, ANYTHING LESS AND THE TERRORISTS WIN!!!
yellow_elephant

PSA: Evil Liberal Media Should Not DO BAD DRUGS!!!

I have spent three hours on the phone over the past two days trying to offset the consequences of three pieces of journalistic malpractice in the coverage of Christie Romer down the hall--Kelly Evans and Brenda Cronin of the Wall Street Journal who fear she is a milksop who will not dare contradict Larry Summers, Mike Allen of the Politico and James Barnes of the National Journal who say that she is a secret supply-sider, and John Judis who says that she is opposed to Obama fiscal policy.

That's three hours I am never going to get back.

In all of these conversations, eventually my interlocutor says: "But if what you say is true, then you are saying that the journalist"--Cronin or Evans or Judis or Allen or Barnes--"is simply not competent to write the story. Is that what you are saying?"

And I have come around to replying: "Yes. That is what I am saying."

Does anybody have a suggestion as to a more polite way that I can deal with people who say: "But if it isn't true, why did this reputable news organization"--the WSJ or Politico or the National Journal or TNR--"print it?"

Anybody? Anybody? Bueller?

[ cf Rant! Rant! RANT!! Why Oh Why Can't We Have a Better Press Corps? ]
Well, there you have it.

Clear Proof that the Evil Liberal Main Stream media continues to advance it same old failed Leftist leaning evil liberal Wall Street Unamericanist God Hating America Bashing....

It is just Shocking!!!

{ it is amusing that FoxNews did not make the list of evil liberal media outlets, but I guess that is because they are of course fair and balanced, and have always supported the fairness doctrine. }
yellow_elephant

Iraq Threatens American Troops With Democracy!!!

Iraqi lawmakers postponed until Thursday a scheduled vote on a security agreement that would extend the U.S. military presence in Iraq. But they have agreed to make the pact subject to a national referendum next year that could require a complete American troop withdrawal by July 2010 -- 18 months ahead of what the agreement now envisions.

The referendum was a last-minute concession to Iraq's largest Sunni party, the Iraqi Islamic Party, which has long demanded that the agreement be put to a nationwide vote. "If there is no referendum, we will not vote yes to the agreement," said Omar Abdul Sattar, an Islamic Party lawmaker, speaking before parliament postponed the vote.

The security pact requires that U.S. troops pull out of cities and towns by summer 2009 and withdraw from Iraq by the end of 2011. But if Iraq's public rejects the security agreement in the referendum, scheduled for July next year, U.S. troops would have one year to leave, according to Shiite, Sunni and Kurdish lawmakers.
...
U.S. forces are operating in Iraq under a U.N. mandate that expires at the end of this year. Unlike the mandate, the security pact calls for stricter oversight over U.S. troops and closer cooperation between Iraqi government and the U.S. military.

[ cf Iraqis Agree to Put U.S. Troop Withdrawal to National Vote
Troops Could Face July 2010 Deadline
( emphasis mine )]
But, isn't that an Act Of WAR, to threaten troops with democratic processes???

And to think that the Evil Klintonesta forced OUR INNOCENT troops to serve under a UN Mandate, as the Blue Helmetted Puppet Toadies of Globalist EVIL Nation Building Waste of Our Hard Earned American Tax Dollars!!!
{ hey, it's time to get on board with how it was not our fault that lose liberals did a bad thing... }

Now! More than ever we must Prevent Gay HomoZeXual Marriages!!!

Clearly by calling for an END to Gay HomoZeXual Marriages, we will get a Tax Cut, which, as we all know, is the most important thing in a time of Our Troops Being Threatened By Democracy....
{ uh, for those of you who have been stoned for the last 8 years, yes, that IS the logical conclusion for why we had to prevent Saddam Hussein from leading another Main Force Strike by Iranian Flying Saucers against the EVIL DREADED WALL STREET LIBERALS!!! So just say Patriotism!!! }
yellow_elephant

Krugman Stabs Troops In The Back

The answer is, eliminate the capital gains tax. Now, what was the question?

John Boehner:
“If we’re really serious about creating jobs, what we ought to do is, we ought to eliminate the capital gains tax for the next two years on any equities that are purchased,” he said. He argued that cutting the corporate income tax would help boost employment.
This brings back a memory: on Sept. 13, 2001, I got frantic calls from staffers on Capitol Hill. They informed me that Republican leaders in the House were trying to use the terrorist attack to ram through, you guessed it, a cut in the capital gains tax.
[ cf Caricature economics ]
HOW SHOCKING!!!!

Clearly while our valiant Holy Crusaders are ever gloriously victorious in the Holy War Against the Evils of Liberal Wall Street, the Most Important thing in Preventing Gay HomoZeXual Marriages, IS a Capital Gains Tax Cut!!!

Anything less and the Terrorists WIN!!!!
yellow_elephant

Those Uppity Rich White Obama is Evil Bad!!!

The latest FEC filings show that as of November 12 for the special Georgia Senate race, liberal Democrat Jim Martin has raised $2.4 million.

Meanwhile, Republican Saxby Chambliss, who is fighting desperately to keep his Senate seat out of Barack Obama's control, has raised $1.4 million that's $700,000 less than Martin!

( email from eagle@gopusamedia.com, subject: Obama Sneaks into Ga., GOP on 'Brink' of Disaster )
Now for folks what gots big math training, 1.4 from 2.4 leaves 1, not 0.7, even IF we is talking millions, so you crackerBarrel Hate Rich White Elitist Types just hold your water.
They have a simple plan, the same one Obama used to beat Hillary and McCain.

First, they outspend their opponent.

Second, they "turn out" the African-American vote and other special interests that make up the Democratic party base.

( op cit )
Uh, you see folks, Hitlary, and her RadFemiSurfNazi's is just like that McCain Guy, in that they were both radical left wingers who stabbed Sarah Pallin in the Back, because they all hate freedom, and what is more HORRIBLE is that it is clear that Obama forced them folks to run against him, cause he has that special Mojo Majik what brings out the Negroes to vote against their betters....

PUT DOWN THE BONG STONERS, YOU ARE SO SERIOUSLY BAKED!!!
yellow_elephant

Krugman Goes Seriously Stabbing Our Troops In The back...

Thus, John Taylor — a very good economist, when he wants to be — insists that we must respond to the economy’s temporary weakness with a permanent tax cut. Let us reason together. Does it make sense to let one recession dictate tax policy in perpetuity? What happens if there’s a boom; can we increase taxes (no, because then the cut wouldn’t have been permanent.) What if there’s another recession? Do we permanently cut taxes again? Is there a tax-cut ratchet (or maybe racket)? Think this through, and it makes no sense at all.

And Taylor’s argument against the obvious answer — government spending as stimulus — is pure gobbledygook:
The theory that a short-run government spending stimulus will jump-start the economy is based on old-fashioned, largely static Keynesian theories. These approaches do not adequately account for the complex dynamics of a modern international economy, or for expectations of the future that are now built into decisions in virtually every market.
Translation: la la la I can’t hear you.</i>
[ cf Conservative crisis desperation ]
I mean, be reasonable, does Taylor's Argument look like gobblydygook??
Clearly in these modern days, when all true americans accept that the Only Way to defeat the Godless Unbelievers of the Sinister Wall Street Gay Marriage Initatives is NOT with more Excessive Jack Booted GOD Hating Atheistical Repressive regulation of the Free Trade In Free Markets but clearly the war winning strategy mandate by Biblical Literalism, namely and to wit, a Massive Capital Gains Tax Cuts, since the Most important thing in a time of Holy Crusade against the Unbelievers is a Massive Capital Gains Tax Cuts!!!
Clear as a Bell! Nothing at all that complicated to understand. Why even Karibou Ken and Barbie understand that!!!

That is what is wrong with EVIL LIBERALS, they are not willing to follow the Faith Based Reasoning System!!!
yellow_elephant

OH MY GOD!!! THEY NATIONALIZED THE GSE!!!

WHAT?
OK, so the Fed is planning to buy obligations of the GSEs — as well as securities guaranteed by the GSEs. This is in an effort to lower spreads. The Fed will in effect pay for these purchases by having the Treasury issue U.S. government debt.

But the GSEs have been nationalized. Their obligations are already U.S. government debt. What’s going on here?

[ cf The Fed is confusing me ]
OK, This is really simple.

As long as the Bush Administration never actually asserts that the Nationalization of the GSE's has occurred, then it is not like the Bush Administration ever believed that they had Nationalized the GSE, and as such, the GSE's clearly were not nationalized on the Bush Administration's Watch.

Thus, the markets twitter and worry, that this may be symptomatic that the Bush administration is really planning to default on all of the debt. A reality point that may also help explain why folks are moving back out of US Treasuries, since, the President may want to go out in a blaze of glory by defaulting on US Treasuries.

As such the Fed needs to be issuing more US Government Debt, to cover the position, ans show that the Fed is not bogged down in any of the failed Realism of the pre-911 culture, and that it is willing to do what ever it can to saddle the incoming administration with as much debt as can be reconfigurated, just like back in the hey days of the ending of the various dictatorships around the world, where the incoming democratic regimes were sattled with the need for more "structural adjustments" by the World Bank and the IMF...

This way, not only will there be a greater demand for the end to Gay Marriage as a reason for More capital gains tax cuts, but a clear and compelling military reason for more capital gains tax cuts to support the troops winning against the Gay Marriages....

And, yes, those who get to have a Dubya Pardon will be able to reposition their remaining assets in nations with very effective protection against persecution....

You see, is all really very simple.

It's about the need for a war WINNING capital gains tax cuts to protect us from Gay Marriages.
yellow_elephant

What is an illegal wire tap?

No, seriously:
House leaders voiced their support for the Constitution's "speech or debate clause" -- a provision designed to protect members of congress from being arrested for their legislative activities -- in a brief filed Monday in the case of outgoing Arizona GOP Rep. Rick Renzi. Renzi, who is accused of conspiracy, fraud, and money laundering, says the government collected evidence against him using an illegal wiretap order that taped conversations between him, aides, and other members of congress. He is one of a string of legislators, including Louisiana Rep. William Jefferson and Alaska Sen. Ted Stevens, to use this as defense. (CQ Politics)
[ cf The Daily Muck (emphasis mine)]
huh???

Rats, Ship, Elvis has left the building???
yellow_elephant

Meme Attack

1. What are your nicknames?

drieuxster is making way over, my traditional nom d' guerre, drieux... Hum, no one has called my fellipovich in a good long while, oh well, kids these days.

2. How do you style your hair?

I use conditioner in the shower, then brush, and breeze into massive trendyNeff...

3. What's new in your life right now?

Looking for a viable economic theory, as well as the quest to see if the NeoCons will learn that they should be ever so polite and apologize.

4. How many colors are you wearing now?

three

5. Are you an introvert or extrovert?

Mostly an introvert.

6. What was the last book you read?

Currently in "Shock Doctrine", and the "Zen of Zombie", And....

7. Do you nap a lot?

Mostly in safe movies, or right before I wake up to go to bed...

8. If the person you secretly like is already taken, what would you do?

way too late for that one... Never too sure what secretly like really meant back when i was young enough....

9. Is there anything that has made you unhappy these days?

DERANGED XML SCHEMA MADNESS that required a, well, moi, to combat the evil of it, until it yielded to moral superiority, and a test based regimine.

Ok, so I am SOOOOOOOO not getting what sort of bad drugs are doing the NeoConClownCarCrew, since they seem to be spending way too many days WAYYYYYY TOOOOOOOO BAKED for anyone's good. And yes, I am still amazed at how all of the ProWarTypes are all walking away from any of their poseur posturing about their moral clarity....

So I am STILL cranky about the 'We support the troops' types who are never too sure what they think they thot they meant to say about that....


10. What was the last thing you ate today?

Peanuts

11. How long does it take you to get ready in the morning?

One Hour - 30 minutes to get through the drug regimine and health stuff,
then thirty minutes to do the coffee, breakfast, books, shower, into a
costume, tagged, and ready to leave.


12. What websites do you visit daily?

My Lj FREAKS, Brad DeLong, The MojoWire, google news, CNN/Money, reddit.

13. what classes are you taking right now? and if you're not in school anymore, what's your job?

Code Monkey Contractor - working on homework with folks - including my favorite, why solving the 'tic-tac-toe' problem in a Four Space is worth the time, as it shows hat the simple 2d problem offers more than a few insights into how to do OO Coding. Which I plan to recode in various coding languges...

14. Do you like to clean?

Not really.

15. What's the last song that got stuck in your head?

Code Monkey....

16. What are you doing right now?

Waiting for Unit and Functional Testing to finish before starting next round of insanity.

17. What's better: eternal love or memorable love?

Every lover leaves a Tatoo.... so the question is a bit silly. Eternal Love would only be knowable were one eternal... So better to be practical and aim for a memorable love... It at least has some epistemological probabilitiesof occurking.

18. What would you do if you see $100 lying on the ground?

As all true economists know, if it were a real Hundred Dollar Bill, then someone would have picked it up.

Therefore it must be an imaginary bill...

So I would check around, if no one obvious that it might belong to, then Invest it in a Free Trade In Free Markets, and file for bail out money from the Fed due to the total uncertainty about how the free trade in the free markets is bringing freedom, and/or what ever happened to that $100 bill....


19. Best time of your life?

A bunch of those, but in some ways now is the best. I get to make rude noises about my kids from a safe distance. Not to mention give OrganicFertilizer to all of the young couples with kids...

Sorta a Vengence thing...


20. Tell me something good.

Relax, none of us will get out of here alive, so you might as well live it now.
yellow_elephant

What??? Socializing the Risk, and Privatizing the Profits notGood?

Michael Lewis believes that the seeds of our financial crisis were sown when Wall Street investment banks transformed themselves from partnerships to public corporations--that that destabilized their internal risk controls and incentives and made them go for variance.

He has lunch with John Gutfreund:
The End of Wall Street's Boom: John Gutfreund did violence to the Wall Street social order—and got himself dubbed the King of Wall Street—when he turned Salomon Brothers from a private partnership into Wall Street’s first public corporation. He ignored the outrage of Salomon’s retired partners. (“I was disgusted by his materialism,” William Salomon, the son of the firm’s founder, who had made Gutfreund C.E.O. only after he’d promised never to sell the firm, had told me.) He lifted a giant middle finger at the moral disapproval of his fellow Wall Street C.E.O.’s. And he seized the day. He and the other partners not only made a quick killing; they transferred the ultimate financial risk from themselves to their shareholders. It didn’t, in the end, make a great deal of sense for the shareholders. (A share of Salomon Brothers purchased when I arrived on the trading floor, in 1986, at a then market price of $42, would be worth 2.26 shares of Citigroup today—market value: $27.) But it made fantastic sense for the investment bankers.

From that moment, though, the Wall Street firm became a black box. The shareholders who financed the risks had no real understanding of what the risk takers were doing, and as the risk-taking grew ever more complex, their understanding diminished. The moment Salomon Brothers demonstrated the potential gains to be had by the investment bank as public corporation, the psychological foundations of Wall Street shifted from trust to blind faith.
[ cf How Did We Get Here? Michael Lewis's View.. ( emphasis mine )]
Feel free to read the rest of the article.

But it also helps explain the whole KULT of Market Fundamentalism as Mere Religious Blind Leap of Faith, rather than anything that would go by any other name....

We watched the so called VC's dumping Internet StartUps onto the Public, with IPO's, and everyone bought them, because it was the New Pink... Never mind the sobering reality that it was about passing the risk to the suckers, while picking up the profits before things went bad....

Then when the Frap Hit the SHAN, suddenly, folks like Faux News' BaBa O'Reilly is whining that no one told him that Enron was a trading company, or that it was doing energy trading, or any of that... It was as if he was shocked to learn that mere blind faith was not enough....

But fortunately no one really believes any of this lack of faith stuff, since clearly stopping Gay Marriages, is the Most Important reason for Capital Gains Tax Cuts, even in a time of Economic Prosperity like we are currently in, and will always be in...