A short vid from an old friend. Much old wisdom here from a great poet. It is the young people that should hear this; so, pass it to as many of them as you can. Every mind you awaken to these truths is another defender of freedom.
Net worth? That's assuming she's saved anything. She's an Eater, not a Planner; everything she's been given she's consumed as fast as possible. Odds are her credit cards are straining at their limits and she has multiple mortgages.
Being prepared for tomorrow is for other people -- who she intends to rob.
(Rather, have the government rob for her; she no doubt has a defined benefits pension from Chicago.)
Posted by: Rob Crawford ||
Karen Lewis is a shrill, bloviating idiot. The teachers I know from the Chicago area can't stand her, but are unwilling to say so or do anything about it publicly for fear of both personal and physical retributions.
It's the 'Chicago Way®'.
Posted by: Mullah Richard ||
15 seconds of that bitch was all i could take. there ain't enough bags in the world to put over that to make it worth it, even to a WestPac Sailor @ 2 AM......
Government creates money all the time. We have a Treasury Department that has been doing this since 1787. We have a Federal Reserve that has been doing this since 1913.
Look at the money supply measures (M1, M3, etc) over the last two centuries. We create coinage, bills, bank reserves, etc all the time.
The question isn't whether government can create a $1T coin and call it legal tender. Of course it can, and can do so the same way it authorizes printing of $1 bills.
The question is what would happen if government did this. Okay, let's do that armchair experiment.
Let's coin 20 $1T coins (call them 'Krugmans'). Deposit the 20 Krugmans in the Treasury.
What happens next? Well, the Treasury either tries to 'spend' them -- proffer them in the markets to pay our bills -- or tries to borrow against them -- use them for collateral.
Either way the markets will likely say no, or say yes only under the most onerous terms.
And if either works, you are increasing the money supply by a substantial amount. I think there's a term for what happens when the money supply increases relative to the goods and services available. Hmmm, what's that word again?
Create a $1T Krugman if you want. Government can do it. It just isn't wise.
Posted by: Steve White ||
It would only work if the coin weighed 18,000 tons. I say make it and hand it directly to Obama.
Limousine liberal is an old American term used against those who inherited lots of money and then became traitors to their class by embracing populist politics.
The Roosevelts and Kennedys enjoyed the high life quite apart from the multitude that they championed. And they were exempt, by virtue of their inherited riches and armies of accountants and attorneys, from the higher taxes they advocated for others. Few worried about how their original fortunes were made long ago, or that as lifelong government officials they had their needs met by the state. Most were relieved instead that as very rich people they wanted less rich people to pay their fair share to help the poor.
But the new liberal aristocracy is far less discreet than the old. Most are self-made multimillionaires who acquired their money through government service, finance, law, investment, or marriage. If the old-money liberals lived it up tastefully within their walled family compounds, the new liberal aristocrats are unashamed about living openly in a manner quite at odds with their professed populist ideology.
[Dawn] IT'S a good plan in theory: an end to foreign interference, a "national dialogue" to prepare a charter, a referendum for popular ratification and then a parliamentary election. Speaking to a packed crowd at a cultural centre in Damascus ...Capital of the last overtly fascist regime in the world... on Sunday, Hereditary President-for-Life Bashir Pencilneck al-Assad Scourge of Qusayr... denounced his opponents in strong terms, calling them "Western puppets" and "enemies of God" and said his forces would call off fighting if foreign powers stopped arming the dissidents. Appearing in public for the first time in six months, the president surprised the world by his confidence and, after the speech, was mobbed in scenes that observers called well-choreographed. But the end-result was a road map that has little chance of success. The Syrian National Coalition, which comprises different opposition groups, rejected the plan and called for his ouster. Pro-dissident powers denounced the plan, Turkey saying there was nothing new in it, while the US and the European Union ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... called upon the president to quit. Iran alone welcomed the Assad speech, saying it could stop violence and lead to a negotiated settlement.
A peaceful solution is what Syria's well-wishers want. But so much blood has been spilled over the last 21 months and the rival sides have adopted such hard-line positions it is difficult to see how they can negotiate across the table. Already, the character of the conflict has deviated from the ideals of the Arab Spring, for the entry of beturbanned goon elements, especially those loyal to Al Qaeda, has given it a sectarian hue. Yet that shouldn't serve to hide the Baathist regime's regional and international isolation. Frankly, there are no powers or elements, internal or external, which can truly be called impartial and genuinely interested in a peaceful solution. With neither side in a position to win militarily, the slaughter in Syria is likely to continue.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.