Free kibbles

SOCIALISM:

Obama gives GM executives permission to rent private jets. He's such a benevolent pharaoh.

Delta flight attendants reject union.

"The Delta flight attendants have voted against unionizing. This is rather amazing considering the fact that Barack Obama engineered a change in the voting rules that was designed to pretty much guarantee a pro-union result."

I bet union leaders are livid.

TAX AND SPEND:

The British government is punishing its airlines with higher taxes on passengers.

FEDERAL RESERVE:

The Chinese government shows once again that it is head and shoulders smarter than our government:

"Unbridled printing of dollars is the biggest risk to the global economy, an adviser to the Chinese central bank said in comments published on Thursday, a day after the Federal Reserve unveiled a new round of monetary easing.

China must set up a firewall via currency policy and capital controls to cushion itself from external shocks, Xia Bin said in a commentary piece in the Financial News, a Chinese-language newspaper managed by the central bank.

"As long as the world exercises no restraint in issuing global currencies such as the dollar -- and this is not easy -- then the occurrence of another crisis is inevitable, as quite a few wise Westerners lament," he said."

But Ben won't stop, and Obama won't stop him. They're destroying the dollar, our economy and our country on purpose. I like the allusion to the Titanic. The Fed gives new meaning to the phrase "stop the presses".

Why Bernanke is destroying the dollar.

"The problem with Bernanke is that he is working with mainstream theory and ignoring history. He thinks deflation is bad, but unlikely to happen. If it does happen he will use weapons of mass economic destruction to stop it. In reality, deflation of prices is a normal aspect of the market economy as the production of goods outstrips the production of money resulting in higher real wages in a growing economy. The healthiest of economies will exhibit falling prices."

I think he's doing it on purpose. He can't be that stupid. He knows what happened in the Wiemar Republic. He knows what happened in Zimbabwe. He knows he's following the same path. Granted, the egos of aristocrats often make them think that they can repeat the same policies that have caused so much harm in the past, but they won't this time because they're in charge, but frankly, I never believe they believe it. Einstein called it insanity, and maybe that explains it. Maybe Bernanke, Obama and others are neither stupid nor evil but insane. This summary of Bernanke's record is devastating. Why would anybody trust this idiot who has been wrong so often? Don't believe me?

"Chairman Bernanke is infamous on the internet because of the YouTube video that chronicles his rosy view of the economy from 2005 to 2007. He denied there was a housing bubble in 2005, he denied that housing prices could decrease substantively in 2005 and that it would affect the real economy and employment in 2006, and he tried to calm fears about the subprime-mortgage market. He stated that he expected reasonable growth and strength in the economy in 2007, and that the problem in the subprime market (which had then become apparent) would not impact the overall mortgage market or the market in general."

"He described the Fed as a type of superhero for financial markets. In discussing the Fed's role as chief regulator of financial markets, he made powerful claims concerning the Fed's ability to identify risks, anticipate financial crises, and effectively respond to any financial challenge."

Superhero? That seals it. He's insane. This gets back to my contention that the Ivy League is the world's foremost organization for brainwashing smart people with stupid, destructive ideas.

"In preparing for this lecture, I began to realize just how obvious a choice Bernanke was for chairman of the Fed. From the point of view of banks, corporations, and Wall Street — also known as the "corporatocracy," a government run for the interests of big corporations — who would be better than someone who literally wrote the book on bailing out the banks and Wall Street during a financial crisis?"

Even those big corporations won't benefit from the crackup-boom. Maybe I just don't understand the power of the irrational feeling that "it can't happen here". It can, and it is happening here. I would call that irrational belief a form of insanity.

The whole world is angry at the Fed.

"Global anger at a fresh round of liquidity injections into the U.S. economy swelled on Friday asGermany called the move "clueless" and emerging nations protested that it will wreak havoc on them.

Harsh criticism poured in as President Barack Obama headed for Asia on a trip he had hoped to use as a springboard for pressuring China to revalue its yuan but may end up in a fractious Group of 20 leaders summit next week."

And no wonder. Literally weeks ago Lord Geithner pushed an agreement at the G-20 that nations will not devalue their currency. The G-20 agreed. I pointed out at the time this was baloney because the Fed was already planning to further devalue the dollar. Now the world is pissed, and Americans should be too. US aristocrats have turned out country into a banana republic.

""With all due respect, U.S. policy is clueless," German Finance Minister Wolfgang Schaeuble told a conference.

"(The problem) is not a shortage of liquidity. It's not that the Americans haven't pumped enough liquidity into the market, and now to say let's pump more into the market is not going to solve their problems.""

Everybody seems to get it except US central planners. I find it hard to believe our central planners are any stupider than others. This is further evidence our central planners are intentionally harming Americans and others.

EDUCATION:

The Dept. of Education is using its control of money to control college curriculums. Federal money always comes with strings attached. It's always poisoned by politics and from the original sin of theft euphemistically called taxation.

GLOBAL WARMING AND ENERGY:

Scientists admit they don't yet understand the role of clouds in climate change. But we do no one thing: the earth has never experienced runaway global warming despite having up 16 times as much CO2 in the atmosphere. That tells us that the earth has natural feedback mechanisms that minimize the impact from greenhouse gases, and clouds are almost certainly an important factor in those feedback mechanisms.

NASA being sued over failure to provide data from FOIA requests.

Great video: I'm a denier.

California greens try to demonize the oil industry for funding efforts in support of Prop. 23, but it turns the greens, funded by our tax dollars, outspend the oil industry by 3:1.

POLICE STATE:

Lawsuit against nude-scanners at airports.

POLITICS:

All of you who thought Nancy Pelosi wouldn't run for minority leader don't understand how power-hungry and corrupt these aristocrats are.

How many times are Americans going to allow Democrats to get away with the old "we suddenly found an uncounted bag of ballots from a strongly Democrat precinct" fraud in order to steal an election? Democrats pull this in every tightly contested election.

Michael Barone compares this election to the 1946 election of Republicans that reduce the size and scope of government. I don't today's Republicans will do that.

Cronyism in Alaskan politics? I'm shocked.

Independents shifted toward Republicans in a big way. That's because independents spanked Republicans for big, bad government in 2006 and 2008, and they spanked Democrats for big, bad government in 2010. The people can't be any more clear: they want the government off their backs, and they're going to continue to punish the party in power until the aristocrats get it.

MEDIA:

MSNBC suspends Keith Olbermann for donating to the campaigns of Democrats in a symbolic gesture to make their news organization look less biased. It didn't work.

MISC:

That conniving opportunist Valerie Plame has gotten way more than her 15 minutes of fame.