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It's the day before we are supposed to be told whether or not the Federal government will continue to shovel money into the hands of the moribund American automakers, GM and Chrysler. In spite of protestations from the White House that “bankruptcy is an option” there is, and I don't...
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The reasons behind the collapse of the banking industry and its subsequent bailout by the government are going to be argued by pundits and experts for the next hundred years. There will be books written on it. It will be the subject of countless Ph.D. dissertations. Political candidates will reference...
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One of the selling points of Mr. Obama as leader of the ‘free’ world was that he was/is in touch with reality. By this, of course, it is meant that his struggles have been similar to ours so he shares our values, ideals, and sensibilities. Naturally we assume this about him because he did...
Posted to
Not-a-Lemming
by
FutbolGuru
on
Mon, Feb 9 2009
Filed under:
Filed under: Bail out, Bailout, socialism, banks, capitalism, feudalism, greed, bonuses, reality check, executives, masses
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They say things come to you in the shower. That doesn’t usually happen with me. More often, during the act of climbing into bed. Then I have to get up and write the idea down, for experience has taught me if I don’t write it down, no matter how Earth-shattering the thought, it will be gone...
Posted to
Not-a-Lemming
by
FutbolGuru
on
Fri, Feb 6 2009
Filed under:
Filed under: Bail out, Bailout, socialism, economy, Communism, capitalism, government, retirement, feudalism, greed, mutual fund, FICA, taxes, Social Security, stock market, swindle, 401K, swindler
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It has become unfashionable in some circles to speak out against the rich. Of course it is a hobby on the left, and it is not at all uncommon for a wealthy congressman or actor to rail against excess, such as former South Carolina Senator Ernest Hollings’, famous statement that, “There’s...
Posted to
Not-a-Lemming
by
FutbolGuru
on
Thu, Jan 1 2009
Filed under:
Filed under: Bail out, Bailout, fraud, socialism, theft, corruption, Communism, toxic loans, mortage crisis, capitalism, fascism, government
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We forget things. We forget because we are people, and people are lemmings. For a moment, recall the basis for my analysis – the myth of the lemming. Lemmings DO NOT rush into the sea and commit mass suicide. Lemmings can, however, be frightened, especially by those who seek to benefit from their...
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In 1940 the Wehrmacht was the most successful army on Earth. Nazi Germany's insane leadership had hijacked their nation's professional military and sent them on a rampage across Europe. Prior to their failed invasion of Britain, which rested on the backs of the Luftwaffe, they had tasted only...
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I work in the defense industry. As many may know this industry is funded by the government, which means the money comes from tax-payer dollars. Many towns and cities across this nation survive and in some cases thrive off of these tax dollars. Some people get really, really rich and our military is second...
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I certainly agree with all who were against the bank bailout, as the banks work hand in hand with the Fed to create inflation and rob us of our money, but the auto industry is not in the same boat as the banking industry. In practice I am in favor of a Federal bailout of the American Auto industry though...
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The hypocrisy which surrounds the proposed bailout of the U.S. auto industry is reaching heights rarely seen, even in Washington, D.C. The automakers are being held to a totally different standard than is the UAW, which is, at least, partially responsible for the dire financial straits that the car manufacturers...
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Does a bad apple spoil the whole bunch? Unless the adult influences in my childhood misled me then the answer is no. Somehow, this came to me as my free-market, anti-regulatory brain tried to cope with the harsh reality that something has gone terribly wrong with all that I believed to be true about...
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Lemmus trimucronatus is a medium-sized rodent, a little bigger than a rat, that lives in cool climates. They are sort of like tundral-ground hogs. Back in the late fifties the Disney nature documentary "White Wilderness" showed a herd of lemmings rushing headlong over a cliff and falling to...