-
TC commented on the blog post Don’t Call This a Jobs Agenda
Forget jobs. Our insolvent banking system is about to collapse. Obama is finished.
Yet from this fast approaching financial collapse proceeds a plus side: the means for Congress to regain its power over the purse (throwing into the dustbin of history the “Super Congress”), as well as put Social Security back on solid footing.
-
TC commented on the blog post Fill Up That Infrastructure Bank with Untaxed Money
As best as I can tell the reason why short-term Treasury yields have been driven below 0.00% is because the U.S. banking system is insolvent, plain and simple. The ongoing death spiral of the EMU bares this truth out.
You are badly mistaken to say, “The reason to [create an infrastructure bank] is that we don’t have the money [to finance infrastructure investment].” Money NEVER is a problem. Rather, political will is. Here, political will simply is inclined to be fascist rather than American.
Yet like every other thing coming from DC marionettes belonging to our hopelessly bankrupt Wall Street this so-called infrastructure bank is a no go. The death spiral of the U.S. economy’s collapse begun in 2008 is set to accelerate in dizzying fashion, and those tools who would put forward a carbon copy of Mussolini’s fascist Italy (namely, public-private partnerships, which this so-called infrastructure bank would finance), this following on the carbon copy of Hitler’s T-4 directive guiding healthcare “reform,” are finished.
All told, so called “rich people” are about to be fleeced as badly as has been the U.S. middle class and poor. Wall Street’s days are numbered. They’re hopelessly insolvent, and the music playing over at the NYSE these days is a fiddler calling their bankrupt home…
-
TC commented on the blog post The PMS of S&P
Masters of the Universe? Hardly. More like bankrupt pricks whose insolvency is unraveling before our eyes. So, no time like the present to pick up the pace of the swindle of the U.S. Treasury, which effort in fact inevitably ventures likewise to bankrupt it, as well.
Surely, enemy of the state Standard & Whores knows the answer to this simple yet profound question. That’s why they have acted as they have in attacking the U.S. Treasury. This is nothing short an act of utter desperation. They’re finished and they know it, otherwise they’d not be behaving so recklessly.
-
TC wrote a new diary post: Party “Leadership” Doomed
Party politics are finished. The Tea Party reveals this. Although this group is woefully incapable (is this not always the way: elevate something loathsome in attempting to make the status quo look like cake?), more thoughtful, calculating, and above all, patriotic influence is sure to chase from positions of national influence any person or group [...]
-
TC commented on the diary post Please read Krugman on the Default Extortion Catastrophe by oldionus.
You’re quite right, yet does Krugman advocate attacking Congress’ weak flank?
-
TC commented on the diary post Yo Constitutionalist! Choking on Impeachment? by TC.
You’re incorrect about articles of impeachment not being brought against Mr. W. Kucinich was all over it. Don’t you remember?
You’re preaching to the choir per Congress. Yet their weak flank is wide open and exposed! Check this out…
-
TC commented on the diary post Unhappy About the Debt Ceiling Deal? Don’t Complain, Act by Bill Egnor.
Quite agree with your call to action! However, there is a much weaker, exposed flank whose successful attack is sure to produced not just satisfactory results, but a revolution in congressional deliberations:
-
TC commented on the diary post It Is Not Obama’s Fault by Edger.
Hail John Conyers, co-sponsor of HR 1489 — Return to Prudent Banking Act of 2011 — this is the ticket to driving our fascist-in-chief and his Wall Street and City of London backers straight into the ground!
Enjoyed your pointed observations in truth!
-
TC commented on the diary post Yo Constitutionalist! Choking on Impeachment? by TC.
No time like the present to make it happen. In fact, it must.
-
TC wrote a new diary post: One Simple Yet Profound Question
Why do you suppose there are 32 co-sponsors to H.R. 1489 — Return to Prudent Banking Act of 2011 — and among these are such heavyweights as: Rep. Raul Grijalva (D-AZ), the Co-Chair of the Progressive Caucus Rep. Charles Rangel (D-NY), former Chairman of the United States House Committee on Ways and Means Rep. Louise McIntosh Slaughter (D-NY), [...]
-
TC wrote a new diary post: NO FAIL! the + side of the debt deal
Y’all should not be the least bit downbeat about the debt deal. In fact, the deal is better done than the circus of incompetent actors prolonged another minute longer. All is not lost by any stretch of the imagination! In fact, there are openings galore! Now, step back and let’s have a look at the weak flanks. [...]
-
Risk Averse Alert Blog commented on the diary post Remember_It’s Not Over, No Matter What Happens This Week by Tom B.
You are absolutely correct about the ravening pack. They will be back! Yet they have no choice!! The U.S. banking system is hopelessly insolvent , and these eunuch cowards in refusing to acknowledge this will be forced to piss on the Constitution even more than they are showing themselves more than willing today — and in bi-partisan [...]
-
Risk Averse Alert Blog commented on the blog post To End Debt Ceiling Crisis, Reagan and Clinton Would’ve Invoked the 14th
The problem with any analogy to these two past presidents is the simple fact that neither faced, a hopelessly insolvent banking system.
We are reduced now to but one option: Glass-Steagall or DIE
-
Risk Averse Alert Blog commented on the diary post Progressives in Congress: Vote for the President to Do It! by letsgetitdone.
Cut the sophistry! What first needs addressing is this: PROOF: The U.S. Banking System is INSOLVENT Our cowardly Congress in its insane dealings with this manufactured debt ceiling crisis CANNOT ESCAPE THIS FACT. They cannot possibly cut the budget enough to prevent the banking system’s collapse. In fact, by their efforts they are only proving themselves [...]
-
Risk Averse Alert Blog commented on the blog post Sunday Late Night: “XIV/4 or Bust!”
Wrong amendment! What’s needed is the 25th Amendment section 4…
-
Risk Averse Alert Blog commented on the blog post Grijalva Statement Opposing the Bill He Voted For Yesterday
Dear Rep Grjalva:
Not to worry! The very wealthy will be reduced to ruins by the very same relentless spiral into the abyss brought on by a hyperinflationary destruction of the U.S. economy that your cowardice, and the cowardice of your colleagues in Congress is guaranteeing by your collective refusal to reorganize a hopelessly insolvent banking system.
In fact, by your cowardice in willingness to be PLAYED you are hastening this end. We should all be grateful this nightmare soon will be over, then…
Sincerely,
A not-so-clueless, patriotic American -
Risk Averse Alert Blog commented on the diary post We must now draw the line in the sand: there will be no cuts to Social Security, Medicare or Medicaid or we will march on Washington and shut down the government by oldionus.
No cuts ANYWHERE. Period. Not until our nation’s hopelessly insolvent banking system first is reorganized in bankruptcy.
-
Risk Averse Alert Blog wrote a new diary post: Yo Constitutionalist! Choking on Impeachment?
Woe is me! My representative in Congress is a vile Rethuglican! In other words, quite unworthy of being associated with the likes of Abraham Lincoln, let alone his scraggly, bloodstained beard. Yet no less a sophist than a bi-partisan consensus of her colleagues, no doubt, and so worthy, too, of last night’s “in your face” letter [...]
-
Risk Averse Alert Blog wrote a new diary post: PROOF: The U.S. Banking System is INSOLVENT
Bad news for the so-called “captains of finance” on Wall Street. The man truly doing God’s work has arrived to prove that, the U.S. banking system, indeed, is insolvent… Did you know that, if you had been born at the time when Jesus walked the earth and had been given capacity to save $1 million [...]
-
Risk Averse Alert Blog commented on the diary post Glass-Steagall: Save Congress From Itself by Risk Averse Alert Blog.
What you need to understand is the intimate connection joining the architecture Glass-Steagall imposes with those essential principles put forward in the U.S. Constitution’s Preamble. These principles at their core elevate the human condition to being the supreme concern of this constitutional republic called the United States of America. Finance is a servant, not a [...]
- Load More
