Friday, October 10, 2008
Thursday, October 9, 2008
UPDATE: As of 2 PM MST today, the above link had made it to the top of Yahoo's front page news, posibly as a result of the bank nationalization plan and the fact that the DJIA has another spectacularly shitty day. Earlier, I was going to call for a DOW of about 8200 prior to the elections; now I think we could drop as low as 6500 by the time we go to the polls.
The US government's debts have ballooned so badly the National Debt Clock in New York has run out of digits to record the spiralling figure.
The digital counter marks the national debt level, but when that passed the $10 trillion point last month, the sign could not display the full amount.
The board was erected to highlight the $2.7 trillion level of debt in 1989.
The clock's owners say two more zeros will be added, allowing the clock to record a quadrillion dollars of debt.
Wednesday, October 8, 2008
Thanks to Gandhisxmas for his recent rants, and Sweaterman for his return. If it weren't for you guys, people might think this blog was dead. Our readership may be small, but I think of you all as friends and I feel badly about offering so little as of late. Even the Boobies have been inconsistent, and that's just not right. Anyway, I thank you for stopping by.
Sunday, October 5, 2008
Here is an excerpt of an interview with Noam Chomsky where he talks about the election and the PR industry that has turned the US into a big stnking turd that is swiflty being flushed down the toilet.
SG: One question on the elections: If Obama wins, will that bring any changes in U.S. foreign policy?
NC: The prior question is whether he will win; my assumption all along is that McCain will probably win. Now that he has picked Sarah Palin as his vice president, I think those probabilities have increased, for reasons that are understood by party managers and have been expressed very well by McCain's campaign manager. He said the election is not about issues, it is about character and personality, and so on. Meaning, it is not a serious election. That is the way U.S. elections are run. Issues are marginalized. They don't talk about them and the media coverage is about Rev. Jeremiah Wright's sermons or Sarah Palin's pregnant daughter.
McCain is supposed to be a specialist on national security issues. Why? Suppose that some Russian pilot was shot down bombing heavily populated areas in Kabul and tortured by Reagan's freedom fighters in the l980's. Well, we might feel sorry for him, but does that make him an expert on National Security? But McCain is an expert on national security because he was shot down bombing heavily populated urban areas in Hanoi and he was tortured by the Vietnamese. Well, we feel sorry for him, but he is no expert on National Security. But you can't say that. These elections are run by the public relations industry. The intellectual community goes along. Issues are marginalized. The focus is on personalities, on Jeremiah Wright's sermons, Sarah Palin's pregnant daughter, or whatever it may be. In that terrain, the Republicans have a big advantage. They also have a formidable slander and vilification machine which has yet to go into full operation. They can appeal to latent racism, as they are already doing. They can construct a class issue. Obama is the elite Harvard liberal; McCain is the down to earth ordinary American, and it so happens that he is one of the richest people in the Senate. Same thing they pulled for Bush. You have to vote for Bush because he is the kind of guy you would like to meet in a bar and have a beer with; he wants to go back to his Ranch in Texas and cut brush. In reality he was a spoiled fraternity boy who went to an elite university and joined a secret society where the future rulers of the world are trained, and was able to succeed in politics because his family had wealthy friends. I am convinced, personally, that Bush was trained to mispronounce words to say things like "mis-underestimate" or "nu-cu-ler", so liberal intellectuals would make jokes about it; then the Republican propaganda machine could say see these elitist liberals who run the world are making fun of us ordinary guys who did not go to Harvard (but he did go to Yale, but forget it).
These are games run by the public relations industry, which is a huge industry. It spends enormous resources manipulating attitudes and opinions. They design and control elections so that public in effect is marginalized. They keep away from issues for a very good reason. We know a lot about American public opinion. It is a very heavily polled country, mainly because business wants to keep its finger on the public pulse. So there is a ton of information, valid information. On a host of major issues, domestic and international, both political parties are well to the right of the population. So therefore, you don't want to talk about issues, not if you want to keep the business parties in power. Further, the population is aware of this, but the press won't publish it; 80 percent of the population says the country is run by a few big interests, looking out for themselves, not the benefit of the people, By about 3 to one, people object to the fact that issues are not at the center of the campaigns. They want issues to be discussed, not personalities. Party managers know that, but they won't go along with it; it is too dangerous. They have got to make sure that the two factions of the business party, Republicans and Democrats, stay in power. So you don't deal with public concerns.