The Golden Rule: Whoever has the gold makes the rules.

"80% of all statistics are wrong."

[ Think Reading and Literacy for Dialect Speakers​ eCONomists ]

 

"Incomprehensible jargon is the hallmark of a profession." -- Kingman Brewster (1919-1988), diplomat and president of Yale University

"If you owe the bank $100 that's your problem.
If you owe the bank $100 million,
that's the bank's problem."
​ — JP Getty

 

"$100 invested at 7% interest for 100 years will become $100,000, at which time it will be worth absolutely nothing."

"The trick is to stop thinking it is `your' money. -- IRS auditor"

 

The CIA recognizes that
 1 in 7 people in the US live at or below the poverty line 
and only 6.24% of the country makes $100k+ per year: a very bleak picture.

 

ANARCHY

You can hate the bums in government and still love your country. Get it straight. They are two entirely different things.

Remember this saying from the 60's? What is Personal is Political!

"Send lawyers, guns, and money... -- Warren Zevon"

"... Logically incoherent, semantically incomprehensible, and legally ... impeccable!"

 

The Billionaire Koch Brothers:

The language of economics: Grant-makers should use think tanks and political-action groups to convert intellectual raw materials into policy “products.” Mercatus Center is a means of laundering economic aims.You take corporate money and give it to a neutral-sounding think tank, which hires people with pedigrees and academic degrees who put out credible-seeming studies. But they all coincide perfectly with the economic interests of their funders. The Kochs have cast themselves as deficit hawks, but, according to a study by Media Matters, their companies have benefitted from nearly a hundred million dollars in government contracts since 2000.

BEFORE 1980

AMERICA HAD A NATIONAL DEBT, OF LESS THAN 1 TRILLION DOLLARS.
AMERICA WAS THE WORLD'S LEADING EXPORTER OF MANUFACTURED GOODS.
AMERICA WAS FILLED WITH GOOD PAYING UNION JOBS.
 

As the 1970s began, public workers in the United States were participating in the most profound union upsurge since the 1930s.

Enter President Ronald Reagan from January 20, 1981 to January 20, 1989 and eCONomist Milton Friedman.
Chasing Slave Labor and Human Rights in China ]

"Ronald Reagan was the greatest president of the twentieth century. -- Rush Limbaugh"

"...the privileged being which we call human is distinguished from other animals only by certain double-edged manifestations which in charity we can only call inhuman. -- R. A. Lafferty"

 

Public institutions are provided for the general welfare of our communities, NOT the private mercantile interests of its citizens.

Andrew J. Coulson: "free and competitive markets are superior to state-run school systems in meeting the public's goals."

"...that rare first draft of the Constitution with the word 'suckers' in it. -- Smithers, The Simpsons"

 

Taxes

"The Congress will push me to raise taxes and I'll say no, and they'll push, and I'll say no, and they'll push again. And I'll say to them, read my lips, no new taxes. -- George Bush"

"The bureaucracy is expanding to meet the needs of an expanding bureaucracy."

"The business plan you prepare must be a lie... But it must be a detailed and precise lie rather than a vague and general lie."

"Tax cuts don't help those without an income."

"Tax reform means: Don't tax you, don't tax me, tax that fellow behind the tree. -- Russell Long"

"Taxes are going up so fast, the government is likely to price itself out of the market."

"Taxes are not raised for the benefit of the taxed. -- Lazarus Long"

"Taxes are what we pay for civilized society. -- Oliver Wendell Holmes, Jr."

"Taxes, .: Of life's two certainties, the only one for which you can get an extension."

"Taxonomy? Isn't that the study of Bill Clinton's economic plan? -- Rohit Khare"

"Taxpayers don't have to take a civil service exam to work for the government."

"Taxpayers, n.: People who don't have to pass a civil servants exam in order to work for the government."

"Teach them quick, before they think."

"Rudnicki's Nobel Prize Principle: Only someone who understands something absolutely can explain it so no one else can understand it."

"3 step plan on how to get what you want in life: 1. Cheat. 2. Lie. 3. Steal."

"$$$ not found -- (A)bort (R)efinance (B)ankrupt?"

"A government that is big enough to give you all you want is big enough to take it all away. -- Barry Goldwater"

"A government with the policy to rob Peter to pay Paul can be assured of the support of Paul. -- George Bernard Shaw"

"A leader in the Democratic Party is a boss; in the Republican Party he is a leader. -- Harry Truman"

"A liberal is a conservative who has been arrested. -- Tom Wolfe"

"After heavy lobbying by comedians, House Republicans have voted to keep Newt Gingrich as Speaker."

"How can Republicans ask Americans to take responsibility for personal actions when they refuse to take responsibility for their own?"

"I plead alignment to the flakes of the united snakes of a merry cow, and to the Republicans for which they scam, one nacho, underpants, with licorice and jugs of wine for owls. -- Matt Groening"

"Once all Democrats are eliminated, will only Republicans be left? -- Adam Rifkin"

"Republicans are using borrowed money to criticize Democrats for overspending. -- Jay Leno"

"Republicans have been accused of abandoning the poor. It's the other way around. They never vote for us. -- Dan Quayle", "Republicans understand the importance of bondage between mother and child. -- Dan Quayle"

"A Harvard study found that kids who feel loved grow into healthier adults. On the plus side for the unloved group, they tended to land high paying jobs as IRS auditors."

• "A great secret of success is to go through life as a man who never gets used up. -- Albert Schweitzer"
• "A lack of planning on your part doesn't constitute an emergency on my part.",
• "A fool and his money were lucky to get together in the first place."
• "A fool and your money are soon parted."
• "A gold rush is what happens when a line of chorus girls spot a man with a bank roll. -- Klondike Annie"
• "A bank is a very respectable, dignified institution that is established for you to keep the government's money in until April 15."
• "A banker is the person who lends you his umbrella when the sun is shining and wants it back the minute it rains. -- Mark Twain"
• "A billion here, a billion there -- pretty soon it adds up to real money. -- Senator Everett Dirksen, R-Ill."
• "A billion's a good round number. -- CNN founder Ted Turner, announcing his donation of $1 billion (US) over the next decade to establish a foundation to fund United Nations programs"
• "A budget is a complete record of how you managed to spend more than you earned."
• "A budget is a planned method of worrying.",
• "A citizen of America will cross the ocean to fight for democracy, but won't cross the street to vote in a national election. -- Bill Vaughan"

 

 

Learn ABOUT MONEY

 

 

 

Close to 7000 years ago Moses gave us only 10 commandments 
and some of those were redundant.

PARK AVENUE SPECIAL INTERESTS 
7/18/2010 The Finance Reform Bill is 2,319 pages.

The broadest overhaul of U.S. financial rules since the Great Depression won final approval in the Senate on Thursday. By a vote of 60 to 39, the Senate gave final approval to a sweeping measure that tightens regulations across the financial industry. Senator Feingold standing alone among the Democrats in voting against this. It's a sweeping bill, but the major parts of it: the Volcker rule, and Lincoln rule, have been severely watered down; the derivatives business stays the same as before.

NO Oversight and Accountability - MORE more tax payer funded bailouts - still too big to fail
The difference? Lobbyists.

The legislation is the result of one year's worth of partisan bickering but did it actually change anything? The bill, doesn't address the major problems that caused the financial crisis. Proprietary trading, speculation in the derivatives markets measures, Too big to fail, measures were all severely weakened. Wall Street walked away again.

Max Keiser Invented Media Derivatives for the Global Banking Cartel the  Oligarchy 

A Global war starts between the investors and workers vs. unscrupulous speculators that Allan Greenspan dishonestly lies about saying he didn't figure their "greed" into his eCONomic model!!

Industrial Policy - cheapest possible access to money without having to compete.

 

THE DEFINITION OF CHUTZPA - Goldman Sachs rigs the game
with a computer software program HFT that buys and sells before anyone else can.

How Goldman Sachs rigs the market - Goldman Sachs trading scandal. Goldman Sachs trading scandal because somebody stole their secret sauce and can use it for themselves. Goldman Sachs accidently gets caught at acknowledging they manipulate the market because that is what they accuse the guy of doing who stole the computer program to use if for himself!! but that's not the way the story is being reported. Can you believe the 700 Billion Bail Out for cheaters like this?

Ex-Goldman Programmer Indicted Over HFT Code Theft
THEN the Arrest Over Software Illuminates Wall St. Secret At 9:20 p.m. on July 3, Mr. McSwain arrested Mr. Aleynikov, 39, at Newark Liberty Airport, accusing him of stealing software code from Goldman Sachs, his old employer. At a bail hearing three days later, a federal prosecutor asked that Mr. Aleynikov be held without bond because the code could be used to "unfairly manipulate" stock prices. THIS IS WHY NO ONE SHOULD BE IN THE STOCK MARKET BECAUSE YOU CAN NOT GAMBLE WITH YOUR MONEY AGAINST THE UNETHICAL MANIPULATED ultrafast computerized stock trading. Little understood outside the securities industry, the business has suddenly become one of the most competitive and controversial on Wall Street. At its heart are computer programs that take years to develop and are treated as closely guarded secrets.

 

Allan Greenspan admitted he was wrong 

December Monday, December 15, 2008
 

Greenspan 1986 - 2007:

admits credit default swaps have problems.

Bail Out. Greenspan Destroys Deregulation in 16 Seconds.

 

 

Monday, October 06, 2008 McCain and Charles Keating

Keating 5 Senator McCain is for more deregulation which produced the disaster on Wall Street