Posting History for taonow
|Rand Paul does not subscribe to evolution
Not surprising really, but Paul's statements on abortion reveal an unwillingness to accept evolution as fact. (Note: I refuse to use the word "believe" in conjunction with "evolution", as it implies ...
|Is there ever a line? Not for Obama and Cameron
In yet another expose that shows that certain supposedly democratic governments really have almost zero tolerance for real dissent we have the latest from the Snowden files. More proof that ...
|We need more non-politician politicians like this (fascinating guy)
This week coming up in Taiwan there will be an election for Mayor of Taipei. Even though Taipei is far away the mayoral contest is a fascinating one that we can only hope heralds a change in how ...
|Uber ... uber repulsive
Rarely these days do we see someone stand up and fight back against the corporate narrative, and even more rarely do we see someone do it with flair and competence. Well sit back and spend a few ...
|Brand destroys WalMart on the minimum wage
Now I know Russel Brand can trigger quite diverse reactions in people. He definitely is not for everyone ... however of late on his Trews YouTube channel he has been putting out a steady stream of ...
|Using our limited economic power subversively
In the capitalist world it should be no surprise that those with capital have the most power, and usually win. How else, for example, could the richest family in America make its fortune from ...
|Fascinating alternative view from Germany - West on wrong track
If you have not read this article you have missed one of the best pieces ofthe last month. This comes from the leading business paper in Germany and is a scathing denouncement of the rush towards ...
|“We do a very good job, and put a lot of energy, into being average,” It works!
If you are into education, into reducing inequality, and into trying to create equality of opportunity, this is a particularly interesting finding. In a nutshell here is what is going on ... In ...
|"Isn't there anything wrong with the French health care system?" she asked
With all the continuing back and forth over Obamacare one could be forgiven for forgetting that what it offers is still miles away from what a better health care system should look like. ...
|NSA ... everything is legal, right?
If what the NSA is doing, as revealed in the latest Der Spiegel piece out today is legal ... then bloody everything is now legal - as long as it is in the name of national security, however loosely ...
|US denies entry to paraplegic going from Canada to a Caribbean cruise
This is wrong on so many levels and seem to be another example of how the US is rapidly losing what is left of its moral compass. Thank you Homeland Insecurity. Short version: Lady in Toronto goes ...
"If voting changed anything, they'd make it illegal" - Emma Goldman Let's be honest. Traditional voting in a democracy has very little individual benefit. This was loudly echoed by Russel Brand in ...
|Tired of the Obama/NSA BS
The Snowden avalanche continues, as we increasingly see that the real damage is to the reputation of the US and not to its immediate security. The latest installment is the German reaction to the ...
|President said ... would have been out of his mind not to spy on left wing Americans
Guesses on which President? h/t to zerohedge for dragging this NYT article out of the way back machine. With the daily Snowden drama it is easy to forget the main issue here, the one Snowden was ...
|The US's Snowden sagas - the lowlights
The US's ability to "manage" the news cycle only seems to extend as far as its borders (where it is able to manage its MSM). In the ROTW the US is looking ... well ... a slight bit .... (pick your ...
|Bush vs. Snowden vs. Mandela
It is sometimes important to take a step back from the relentless news cycle spin and ask a few important, bigger picture, questions. The characters: Bush - lied into a war that killed many many ...
|Snowden a PR nightmare for the US
The greatest damage done by the Snowden revelations has not been to US security. It has been to the US's reputation and supposed moral authority. It has been interesting to watch the overseas ...
|Today's jobs report
A little while back I did a 10 year analysis on where the jobs have been coming from. Today's jobs report simply confirms these trends .. and that continues to be worrying. BLS - break down by ...
|The economy is improving - just not for you
Looking at the stock market hitting new highs almost every day one could be forgiven for thinking that the economy is actually improving. In case you think there is some "real" improvement going ...
|WalMart, food stamps and the great disconnect
Two pieces of under the radar news today ... that are very much related to (dare I say emblematic of) what is still wrong in the economy. 1. The USDA today announced that there were a record 23,087,...
|Warren continues the assault. Why does Holder still have a job?
Once again Sen Elizabeth Warren does America proud. Once again she asks the most obvious questions (why are banks not prosecuted) and gets the same stunned responses (what, prosecute banks, you must ...
|If the system is rotten it can not recover until the rot is cut out.
I have said for some time that the recovery we are now seeing is unsustainable. The recession was a result of rot in the system and major inefficiencies in the economy (think parasitic behavior). ...
|In today's YMB*KM ... Goldman and AIG
In today's edition of You Must Be F&^%ing Kidding Me we have a 2 fer. 1. AIG. AIG Considers Suing US Over US Bailout Of AIG 2. Goldman - Secret Goldman Team Sidesteps Volcker After Blankfein ...
|Stupid question ... but why?
Sometimes assumptions, because they have been around for so long, are no longer questioned. Sometimes they just keep "being there", silently guiding policy ... as they have always done. Good ...
|Too big to jail. Hey I thought companies were people too - and people go to jail.
HSBC (Hong Kong Shanghai Banking Corp), the massive financial conglomerate and drug money launderer from recently and way way back (think China and opium), looks to have dodged a rather big bullet ...
|Let's go over the fiscal cliff!!!
The election is over. Obama won. No need to be nice anymore. Time to push back against fiscal insanity and propaganda. Yves Smith has a good piece up over at Naked Capitalism - Obama calls on ...
|Human tracking overload - Texas students, Saudi women, underage sex.
Every once in a while as you surf the internet you stumble upon a common theme that seems to come out of nowhere. And so it was last night. The theme ... the loss of privacy due to tracking.
|Private insurance increases health care costs for those without insurance
I live in Ontario, Canada where we have a single payer health care system. But this system, as good as it is, does not cover everything. So many working Canadians also get supplemental health care ...
|One Obama decision will set the whole tone. Pay attention!
For progressives and the millions that voted for President Obama one early decision will tell us whether or not the President is really on our side ... or whether he is going to sell out over issues ...
|Some good economic news ... and the GOP won't like it.
For a long time I have argued that one of the keys to restructuring the economy must be a reduced reliance on energy imports. For the last many years the US has run persistent trade deficits, of ...
|The $88K BMW and the dance instructor - this will not end well.
“ Life would be unimaginable without credit ,” said the 27-year-old dance instructor in Beijing, who bought the car [an $88,000 BMW 530Li] in January. “I don’t see why I can’t spend future ...
|Spanish lawmaker to the unemployed - Que se jodan. (FU)
Spanish PM Rajoy this week announced a series of drastic measures designed to reduce Spain's deficit. The prime minister's fourth austerity package in seven months will scrap a tax rebate for home ...
|Libor --- OUTRAGE .... Please!!!!
The Libor scandal continues to grow, yet is making little in the way of waves in the US, in contrast to the full blown coverage in the UK. So far in the US this is all a Barclays story (see CNN Money,
|Which bank CEOs leave next?
This morning we had the surprising, but not unwarranted, resignation of Bob Diamond from the British bank, Barclays, followed shortly thereafter by the resignation of his #2, following on from ...
|Saturday morning diversion - can you beat the chimp at this numbers game?
I found this on the BBC Mundo website last week and thought that it was truly astounding and worth sharing. Ayumu is a chimp at the Kyoto University primate research centre. At 11 years old he can ...
|Lt. Colonel - How the US military warps the truth
Pretty amazing piece out of Rolling Stone The Afghanistan Report the Pentagon Doesn't Want You to Read yesterday. The article is based on a previously unpublished report by Lt. Colonel Daniel Davis, ...
|Banks laughing all the way to ... the bank.
This is not going to be much of a diary as I am going to ask you to take a look ...
|Obama still in bed with the banks
One of the most frustrating things about Obama (next to his not going after the torturers from the Bush administration) has been his unwillingness to make the banks pay for their misdeeds in the ...
|Education, Finland, equality, ... America is focusing on the wrong issues.
Great short article over at the Atlantic - What Americans Keep ...
|My h.g.o.d. program to help with the financial crisis.
At the moment there is a serious lack of innovative ideas for helping to heal the economy. The only idea on the table at the moment is payroll tax cuts ... which for a variety of reasons are far ...
|Black Friday = Stimulate the Chinese Economy Day
With all the Black Friday hype I got to thinking .... who, if anyone, is Black Friday helping? We are told that consumer spending drives the economy ... and therefore one would think that all this ...
|Thoughts for a weekend - courtesy JFK
Weekends for me are a time to relax and think, a time to regain a bit of perspective. So it was that during my weekend reading I came across the JFK quote that seemed to so aptly fit the pepper ...
|What is wrong with Canadian bankers? (supporting OWS)
It looks like we have the start of a trend. Another Canadian banker has come out in support of OSW. Ed Clark (head of TD bank, which also has large operations in the US) said:http://www.thestar.com/...
|Trader - Goldman Sachs rules the world, the end is nigh.
In an interview that had the BBC staff in shock, a trader highlights how now is the time to be very scared, how this will not end well, and how Goldman Sachs, not governments, run the world. I have ...
|China looks to buy into Apple, Boeing and Intel
One of the more interesting commentators out there is Ambrose Evans-Pritchard . He writes for the Telegraph in the UK. Today he has couple of interesting posts up that concern China ... and the US. ...
|The economy is constipated (and how to fix it)
In this diary I would like to present a somewhat different (and hopefully easy to understand) view of what is going on in the world economy, and by extension in the US economy. I want to try to ...
|The broken record tactic - what Obama needs to learn
There is a very simple negotiating tactic that Obama needs to learn - and fast. It's called " the broken record ". (Note this assumes one remembers a time before digital, a time of ...
Today's job report was, to put it simply, plain ugly. http://www.bls.gov/news.release/empsit.nr0.htm Nonfarm payroll employment was essentially unchanged in June (+18,000), and the ...
|Gallup Poll - 81% of Americans have no clue.
Gallup has a new poll out on raising the debt ceiling. The numbers are not encouraging for those who ...
|Stealing your Social Security check - bit by bit.
I've always said that your Social Security check is safe, no matter what they say about the deficit and the debt and the Trust Fund and default .... BUT what is not safe is what you will be able to ...
|A "golden plan" to get around the debt ceiling
According to unnamed sources at the Treasury Department the federal government is working on a novel plan to get around, at least temporarily, the looming battle to raise the debt ceiling. ...
|Canada developing plans to purchase Florida from US
Many years ago I lived in Ottawa, Canada's capital. While I did not stay long I did develop some long term friendships. And, since Ottawa is very much a government town, even more so than DC, many ...
|The American Economic Disaster, Part 1.
REAGAN WAS WRONG! Deficits do matter! Now in case you think that I am some tea bagging troll, I'd like to point out that as long as I have posted on this site I ...
|Weird spy story - CIA selling secrets to the Taliban?
File this under very strange, to say the least. In a nutshell: The American arrested in Pakistan for killing two Pakistanis turns out to be a CIA agent/contractor (not a US diplomat)
|Wake up, Americans. Your economic dream is a nightmare
This diary takes its title from an opinion piece by columnist Jeffrey Simpson of the largest Canadian newspaper The Globe and Mail . I'm betting 98%+ of you have never heard of him, but in Canadian ...
|The cyber war is on (Paypal, Mastercard) Operation Payback
Yesterday it was Paypal hit with a DDOS ("distributed denial of service"), today it is Mastercard's turn .
|The Ben Bernank's Plan is working
For those who may have missed it, the reference to Ben Bernake as the Ben Bernank , comes from the cartoon video ...
|Greenwald nails it on Wikileaks. Wikileaks soars on Facebook
Great to see that so far at least Wikileaks is surviving on Facebook. To date there are over 906,000 friends. What is amazing is that late last night there were only about 815,000, so in less than ...
|Lieberman again - need I say more?
Looks like our favorite nutball Senator is at it again. After being involved with the Amazon take down of the Wikileaks site jolting Joe must have decided that he was on a run so he kept right on ...
|Amazon wimps out with help from Lieberman, quelle surprise.
That wacko senator from Connecticut again proves that he has nothing useful to do in Washington. ...
|Quantitative Easing - My Ass!
By now most have heard about the upcoming "QE2", or Quantitative Easing Part 2. Unfortunately I'm pretty sure most people have at best a very foggy notion of what is going to happen. The problem ...
|How companies make great profits in a lousy economy
Q: How can companies continue to make great profits in a lousy economy? A: The government One of the least understood aspects of this recession has been the degree to and the manner in which the ...
|The Pope pissed me off today
The Pope is currently on a visit to the UK. Today he gave a speech at Holyroodhouse, the official residence in Scotland of Her Majesty The Queen. The full text of the speech ...
|Now is the time for "real" Tax Cuts
I'm serious! Now is the time for tax cuts. For a while the US was THE world's economic superpower. Now it is still a superpower, but a superpower weighed down by 5 heavy anchors (taxes) that are ...
|It's obvious why people believe Obama is a Muslim.
By now many of us know someone who knows Barack Obama is a Muslim. The latest Pew Research poll from last week found that only 34% of Americans say ...
|Farting undermines COIN in Afghanistan (seriously)
This diary is primarily to give you a head's up on a great article over at Tom Dispatch on the current situation in Afghanistan.
|A time to CUT and SPEND!
The G8/20 meeting this week is highlighting the two very different approaches to the fiscal mess that we find ourselves in. One the one hand we have the deficit hawks calling for cuts and a return ...
|SCUM? - Goldman can't lose money
If you go to a casino and you win every day you won't be allowed to play for long because the casino knows that somehow you are cheating. The only one that wins every day is the casino (and ...
|A parasite's view of financial reform
I was an accountant (used to work for PWC). I am now an independent investor/trader trading for my own account to make a living (I do not trade with other people's money, only mine). In crude terms ...
|Why deficits don't matter
PLEASE - before you read this diary I would like you to spend a maximum of 10 seconds to read the following question and then answer it in the poll box below before reading the rest of the diary. Do ...
|Naked - right or wrong?
Two very different views of "naked" in the news today. Sometimes its fun to be naked (okay most of the time), and sometimes it should just be plain illegal. First ...
|Saturday Enviro interruption - Milk in a bag?
This past week Sainsbury , a grocery store in the UK, started selling " milk in a ...
|Really CRAZY (Canadian) bankers
Get your head around this - Big Six banks urge Ottawa to tighten ...
|A tragedy for chocolate lovers
I grew up eating a lot of chocolate. My Swiss grandfather made his own chocolate in his bakery and every year sent me a foot and a half high solid chocolate Easter bunny. It could take me a month to ...
|The road to recovery runs through China ... and a brick wall.
It is tempting to see the world through ones own domestic situation, but in a globalized world this is wrong, and dangerous. Globalization, like it or not, has made nations more interconnected and ...
|Afghanistan - some perspective please.
With all the attention being given to the economy and the government's fiscal situation, it is important not to forget the budgetary implications of the Afgan war. To put it simply the ...
|Deficits matter - the government is the economy now
Remember way back, the last time unemployment was over 10%, when Reagan was President, and his economic flunkies said "deficits don't matter"? Well they do ... and now the deficits are much much ...
|Extending the new home buyer tax credit - stupid idea.
Extending the new home buyer tax credit is a stupid idea (bluntness intended). Here's what's up : Isakson&...
|Remember the words of RFK on the road to recovery
Green shoots or brown weeds? GDP growth or contraction? The verbal and statistical battle rages over whether the end of the recession is near. Unfortunately we have spent a lot of time analysing ...
|Mexico's - "Where did all the oil go?" problem
In our fascination with the up to the minute news we often miss the simmering page 14 stories which could soon become "real" news. This, I think, is one such story. Mexico has a big problem. A ...
|Bad, Bad, Bad, Bad Banks
Yesterday 5 more banks were closed by the FDIC . Nothing too surprising there as the FDIC has been closing 4-6 banks a week of late, yet as I went through the ...
|Monsanto, Pioneer and Syngenta nailed by Scientific American
This month Scientific American lights a fire under the limitations Monsanto, Pioneer and ...
|Has America hit the Debt Wall? (Dow to 30,000?)
Has America hit the Debt Wall? Maybe, according to some interesting research . This all ...
|A real estate disaster in the making....
Many have been looking for China to be the engine that pulls the world economy out of its doldrums. And, economic data of late seems to be pointing in that direction. We have had China pulling ahead ...
|Everyone hates Goldman Sachs ... and rightly so.
Goldman Sachs, also knows as Government Sachs, also known as Goldie Mac...has been taking hits from all sides after announcing incredible profits yesterday. There are now enough people that are ...
|1 in 10, a statistical reminder of a world that doesn't care
Down in the details of today's unemployment report is a staggering statistic. The official seasonally adjusted unemployment rate for adult (20 years+) males now stands at 10%!
|One day it just fell off a cliff....(debt and the US$)
Page 12 news that will soon be page 1. It is no secret that the US government has been running up the credit card of late. So far there do not seem to have been any adverse consequences from the ...
I had always been interested in economics, so it was with some expectation that I walked into my first university economics class about 35 years ago. To say that I was disappointed would be an ...
|Bair (FDIC) vs. Geithner?
Over at Naked Capitalism this afternoon we have Yves Smith asking ... Are the Knives coming out for Geithner?
That's right, a he -cession, not just a recession. There is an interesting article in ...
|Unemployment - BREAKDOWN.
By now everyone has heard the numbers - ugly as they are. In this diary I want to look inside the numbers to see if there are any ...
|GM bondholders to get taxpayer bailout - the Scam
Rule 1: Wall Street always wins. This one is a bit complicated but is indicative of the complexity of the financial mess we face. Here is the short version: GM is in talks with unions and ...
|Cocks shrink by 75%, Balls by more than 50%
Trust the British to " enjoy " their names.... Cock, Daft, Death, Smellie, not to ...
|As simply as I can - what Geithner is up against
I am going to try to keep this as absolutely simple as possible. I will try to keep to the KISS principles that I learned from teaching Intro to Business courses at University years ago, and years ...
|Brian Cox - one cool scientist!
Despite, or perhaps because of, being trained as an accountant I have always had a keen interest in science. But as one whose math level is not quite up to theoretical physics I have also always ...
|Pension and Social Security time bombs
Warning: This is not a SS hit diary ... so hold your fire. The stock market meltdown, low interest rates, and credit downgrades are taking their toll on "retirement" as we used to know it. It used ...
|"If stupidity got us into this mess, why can't it get us out?"
The title of this diary comes from none other than Will Rogers, and it asks a seemingly silly, yet quite perceptive question. Why can't we get out of this mess like we got into it? ...
|Foreclosures - Good or Bad?
In an opinion column in the Wall Street Journal ( Why be a Nation of Mortgage Slaves ) Ramsey Su poses some provocative questions ...
|Wall Street’s Sick Psychology of Entitlement
The title of this diary comes from an article over at Clusterstock , which is interesting in itself as Clusterstock is a site that covers the stock ...
|Fixing the banks the right way - Step 1....
Over at Clusterstock Henry Blodget has been one of the loudest voices calling for an alternative to the ongoing bailouts, and calling for the ...
Are you sure you want to remove this diary from this blog?
Set the sticky flag for this diary in the slide rotation:
Set the maximum number of slides to display in the feature:
Recommended by taonow
- On Friday, in a conference call with reporters, President Obama accused Democratic critics of fast tracking the TPP of being "dishonest," particularly with regard to their claims that the deal is "...740 comments 366 Recs
- On April Fool's Day, President Obama signed an executive order that got largely overlooked by the news media. The order is titled "Blocking the Property of Certain Persons Engaging in ...109 comments 135 Recs
- A 3 year old boy took his pregnant mom's gun out of her purse and fired a single shot that hit both his dad and his mom. Link The good news is that nobody died. What makes anybody think having ...38 comments 16 Recs
- That he can say such vile things with a smile on his face speaks volumes of his character. (Warning:NSFW or around children, or decent folk)455 comments 266 Recs
- Quite a lot is written how Europe is moving towards the extreme right, something else might be stirring MADRID (AFP) - The head of Spain's ascendant anti-austerity party Podemos said in an ...48 comments 46 Recs
- The Salon article title: "It’s time for a revolution: Bankrupt policies, historic losses call for new generation of leaders". ...is a bit much in terms of the word "revolution"; but the main ...412 comments 153 Recs
- Max Blumenthal doesn't understand Remember immediately after 9/11 when Le Monde ran the headline "We Are All Americans"? Imagine in the days after if people around the world were rallying around ...279 comments 110 Recs
- The proviso The pontiff said religions had to be treated with respect, so that people's faiths were not insulted or ridiculed. So this is the official line "You cannot provoke. You cannot insult ...279 comments 124 Recs
- Sen. Mark Udall White House Chief of Staff Denis McDonough met with Senate Democrats Thursday to provide a briefing on President Obama's immigration plans. But once the ...188 comments 249 Recs
- There's nothing that I can add to this takedown by Elizabeth Warren. Listen as she chastises Mel Watt, the new head of Federal Housing Financy Agency, which oversees Fannie and Freddie, as to why he ...340 comments 343 Recs
- No current results.