If the U.S. banking commissions don't get banking under control in this country, U.S. taxpayers are
one day going to bail out a bank we've believed to be flying a U.S. flag, only to discover too late we
just bailed out a bank aiming to boost a foreign economy at the expense of our own.
What Chase and Morgan Stanley and Facebook do to smaller shareholders is going to be field practice for what some foreign banks are going to begin to do to us all as they co-mingle their funds with ours while the greedy here are sword fighting legitimate regulators.
Good luck to us separating our funds from those of foreign sources in time to avert one of the many crises I suppose we are to begin to get accustomed to these days. Is that what our government expects
of us? No wonder people are discussing class warfare. If we don't decide to exercise more cautions, ceding authority to legitimate elected watchdogs- well we could soon be talking Real warfare ... all our
classes against some class somewhere we cannot even properly or easily identify!
Wednesday, May 23, 2012
Monday, May 21, 2012
Corey Booker and Harold Ford
I don't see why any of us should be truly surprised. These guys have not seemed to me to be Obama surrogates before now. Did I miss something? A times Harold Ford has spoken in terms of support
for this administration- but he was normally on conservative early morning discussions shows.
What Booker and Ford may be attempting to say is a thing we have often heard as a commonly true
assertion, whether or not we believe the stories. We have heard them, however. They sound
this way: "Massa is a good ole massa ... yes boss..massa been a good ole massa."
for this administration- but he was normally on conservative early morning discussions shows.
What Booker and Ford may be attempting to say is a thing we have often heard as a commonly true
assertion, whether or not we believe the stories. We have heard them, however. They sound
this way: "Massa is a good ole massa ... yes boss..massa been a good ole massa."
The Community Bank
One downside of globalization has been the loss of non-virtual community in banking interests.
Though it's kicking up my allergies, I decided recently to re-read Kingsblood Royal by Sinclair Lewis. It is dusty. The antagonists are incontrovertibly racist. Still...I learned from this book.
When I was a kid, I read a lot of Sinclair's books because they were forbidden for children in my house. I had gotten to that age where I was sure no one would notice if I snuck a book out of the bookcase to read, as long as the homework was done; but I could pretend it was ongoing. Sinclair seemed to have a dark, fatalistic, obsession-driven view of the world to me then. I needed him to set up opposite poles of that in my psyche. Of course, I had no idea what a "psyche" could be. However, I did know there existed in my thoughts and reactions, a set of decisions about what I wanted to do at any given moment in time. I would read, and read, hoping against hope I would never be a Lewis character. I did even more of that with the even more forbidden, Somerset Maugham. My dad kept
those novels in an old WWII army trunk in his closet. But I digress, aye?
Today, as I re-read Lewis, I realize how unique a thing a community bank has become since this novel was written. I remember that twenty years after this book was published, every bank I knew of in the Midwest was controlled by New York banks. I was shocked by that reality until I saw It's A Wonderful Life, even earlier in my childhood. I actually believed our street corner bank was our city's bank.
In the Lewis book, published in 1947, banks would be,central, in one character's imagination, to capturing new veterans, returning from WWII, encouraging them to deposit some funds, and take out
'hefty mortgages' for places to live.
Apparently, a veterans' center at that bank needed to enfold veterans as soon as they emerged from planes, trains, and automobiles in their home towns. Recent vets, and according to one Melissa Harris Perry show this week, especially female vets, have a high rate of homelessness and suicide.
Austerity be damned, Paul Ryan.
These vets do need to come home to families, not billionaires. Now whose children did you claim to be so worried about, because these people are someones children. Just because they are already born doesn't mean they deserve to be scrapped.
We need a lot of socially productive ideas in this country right now. And they are not going to be
generated or nurtured by profit motive alone, or by increasingly invasive austerity budget state
government. Grow up austerity mongers. You already know this country needs new investment, and you really don't need more people to starve before you admit it.
Mr. Ryan's good buddy, Mitt Romney, should know it too. I can't be sure. He just seems to forge straight ahead with nonsense...wearing blinders.
Though it's kicking up my allergies, I decided recently to re-read Kingsblood Royal by Sinclair Lewis. It is dusty. The antagonists are incontrovertibly racist. Still...I learned from this book.
When I was a kid, I read a lot of Sinclair's books because they were forbidden for children in my house. I had gotten to that age where I was sure no one would notice if I snuck a book out of the bookcase to read, as long as the homework was done; but I could pretend it was ongoing. Sinclair seemed to have a dark, fatalistic, obsession-driven view of the world to me then. I needed him to set up opposite poles of that in my psyche. Of course, I had no idea what a "psyche" could be. However, I did know there existed in my thoughts and reactions, a set of decisions about what I wanted to do at any given moment in time. I would read, and read, hoping against hope I would never be a Lewis character. I did even more of that with the even more forbidden, Somerset Maugham. My dad kept
those novels in an old WWII army trunk in his closet. But I digress, aye?
Today, as I re-read Lewis, I realize how unique a thing a community bank has become since this novel was written. I remember that twenty years after this book was published, every bank I knew of in the Midwest was controlled by New York banks. I was shocked by that reality until I saw It's A Wonderful Life, even earlier in my childhood. I actually believed our street corner bank was our city's bank.
In the Lewis book, published in 1947, banks would be,central, in one character's imagination, to capturing new veterans, returning from WWII, encouraging them to deposit some funds, and take out
'hefty mortgages' for places to live.
Apparently, a veterans' center at that bank needed to enfold veterans as soon as they emerged from planes, trains, and automobiles in their home towns. Recent vets, and according to one Melissa Harris Perry show this week, especially female vets, have a high rate of homelessness and suicide.
Austerity be damned, Paul Ryan.
These vets do need to come home to families, not billionaires. Now whose children did you claim to be so worried about, because these people are someones children. Just because they are already born doesn't mean they deserve to be scrapped.
We need a lot of socially productive ideas in this country right now. And they are not going to be
generated or nurtured by profit motive alone, or by increasingly invasive austerity budget state
government. Grow up austerity mongers. You already know this country needs new investment, and you really don't need more people to starve before you admit it.
Mr. Ryan's good buddy, Mitt Romney, should know it too. I can't be sure. He just seems to forge straight ahead with nonsense...wearing blinders.
Thursday, May 10, 2012
Friendship
My very best friend in all the world died this morning. I thought she was getting better. Forty-seven
years of a best buddy is a terrible loss to endure. Poor best buddy, and poor me.
years of a best buddy is a terrible loss to endure. Poor best buddy, and poor me.
Marriage?
Really? OK then, don't blame us if you wind up on ID TV.
Didn't all that DOM (Defense of Marriage) stuff give you a clue?
No one has to defend ice cream, except maybe to the lactose intolerant. Ever think of that?
No marriages was the only reason you had a somewhat stable community.
But what do I know. I'm a (somewhat) bitter divorcee.
Didn't all that DOM (Defense of Marriage) stuff give you a clue?
No one has to defend ice cream, except maybe to the lactose intolerant. Ever think of that?
No marriages was the only reason you had a somewhat stable community.
But what do I know. I'm a (somewhat) bitter divorcee.
Wednesday, May 9, 2012
I Can Rest My Case
Yesterday Mitt Romney was shown in TV clips saying he was glad to take credit for the auto industry's
current success. He apparently means that saying the auto industry would die if bailed out meant it wouldn't die if bailed out. Thank you so much President Obama, for not making us have to constantly decipher double talk.
And thank you so much for not ever discriminating against gay persons, lesbian persons, bi-sexual persons, or transsexual persons. I don't believe you are exactly wrong if you do believe civil unions are the distinction partners outside heterosexual relationships should embrace.
current success. He apparently means that saying the auto industry would die if bailed out meant it wouldn't die if bailed out. Thank you so much President Obama, for not making us have to constantly decipher double talk.
And thank you so much for not ever discriminating against gay persons, lesbian persons, bi-sexual persons, or transsexual persons. I don't believe you are exactly wrong if you do believe civil unions are the distinction partners outside heterosexual relationships should embrace.
Hundred Thousand Billionaires
Perhaps the money people really are obsessed with the world's billionaires.
I can't see why.
China doesn't own all our debt.
Several Chinese billionaires do have 90 billion dollars; but what will they be allowed to purchase with it?
Is the U.S. going to allow them to purchase the Federal Reserve Bank?
Will our country sell them the U.S. Patent Office?
If Republicans are truly obsessed with foreign billions, and they want to keep money flowing only to the
top, they will have all our children playing Hunger Games within a decade or two.
We need to remind our children, if they ever do prefer to worry about paying down the deficit, that when
people in this world have money, they get the best money can offer by getting from the U.S. of A. in the
main.
I cannot say truthfully that we produce champagne. We do not.
I cannot say truthfully that we can make a suit on Saville Row. We cannot.
Other economies have strengths too.
But I can say with all certainty that when a billionaire wants both quality and uniqueness in a variety of products,
he or she has to come to America.
Nearly every other group is ...perpetrating.
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