Black Oily Swan

May 29, 2010

A man-made disaster of epic proportions, I think we better start getting used to the idea that the leak currently hemorrhaging oil deep in the Gulf of Mexico may never be plugged.

I know it's a pelican

I expect that soon BP will throw up their hands and simply walk away. Taking a page from the Wit and Wisdom of Lloyd Blankfein, BP will announce “We did our best, this tragedy is now in the hands of God.” And of course the Gov will “take charge” of the disaster, and the money of course will come out of your pocket.

There will be no recourse for We the People. Just like Wall Street,  the Oilcos have engineered the law so that they will be untouchable.

Up to this point, BP has presented what in this age of centrally controlled media looks like a good faith effort. In fact it appears to cynics like me that every move they make is only to cover their ass. Corporate controlled media will make the case for their cronies offering the valuable assistance of helping form public opinion. Expect the slant from Faux Nooze(tm) et al along the lines of “If this is the Good Lord”s will, what you going to do?”

Obama will continue as an ineffectual figurehead who will make the right noises to keep the tongue clicking to a minimum. Meanwhile he will continue to reward Corporate America with the riches they so deserve. He might even get re-elected.


Meanwhile, Louisiana continues to get treated like a prison bitch.


No soup for you

May 10, 2010

The MSM has successfully done .gov’s dirty work for lo these many years. Their valuable assistance? Framing the debate (aka “true lies”). Through their controlled channels, anything the kleptocrats don’t want to get through, doesn’t. Alternative voices with better solutions that would benefit taxpayers never even have a chance to get on camera.

Obamacare was framed for the benefit the insurance companies and big pharma. Invasion of Iraq and Afghanistan were framed to benefit military contractors and oilcos. TARP was to save capitalism (heh, well your 401k, but actually banker bonuses).

This past weekend’s ECB bailout (I dub it TARP Deux: We have a Bazooka II) is a reaction to keeping the entire worldwide economy from going tilt. Not exactly a positive purpose- borrowing money to pay off bad debts just can’t be good for anyone, ultimately. But the market doesn’t seem think so, for now.

Next up: entitlement programs.

The entitlement program debate is- haven’t you heard?– that Soc Sec and Medicare are going broke. Soon. So, good people of these United States, you’re going to have to cut back your expectations because obviously the ONLY solution is to cut these programs back. Or maybe eliminate them entirely.

Oh and by the way, .gov fully intends to confiscate your 401k and IRA too, in order to pay out what they can. It’s okay if you have to eat dog food (hey, aren’t you a patriot?), but why should retired .gov employees have to suffer like you, after having sacrificed a chance to make it rich in the private sector in order to toil in the public sector.

This video does a nice job of revealing how they operate, it is kind of an inside look at how kleptocrats and their cronies work in tandem to rob you.


Imagine if this were Neil Bush torturing your uncle

January 12, 2010

Some day this will happen here, since Americans will allow this deal to go through (via their representatives). What the Oligarchs and Kleptocrats want, they get.


Yeah like this is going to happen

October 14, 2009

Organized crime

April 21, 2009

Sen. Feinstein’s Husband Cashes In on Crisis

California senator sought $25 billion for a government agency that had awarded her husband’s real estate firm a lucrative contract to sell foreclosed properties.

On the day the new Congress convened this year, Sen. Dianne Feinstein introduced legislation to route $25 billion in taxpayer money to a government agency that had just awarded her husband’s real estate firm a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms, the Washington Times reported on Tuesday.

Mrs. Feinstein’s intervention on behalf of the Federal Deposit Insurance Corp. was unusual: the California Democrat isn’t a member of the Senate Committee on Banking, Housing and Urban Affairs with jurisdiction over FDIC; and the agency is supposed to operate from money it raises from bank-paid insurance payments – not direct federal dollars.

Documents reviewed by The Washington Times show Mrs. Feinstein first offered Oct. 30 to help the FDIC secure money for its effort to stem the rise of home foreclosures. Her letter was sent just days before the agency determined that CB Richard Ellis Group (CBRE) – the commercial real estate firm that her husband Richard Blum heads as board chairman – had won the competitive bidding for a contract to sell foreclosed properties that FDIC had inherited from failed banks.

About the same time of the contract award, Mr. Blum’s private investment firm reported to the Securities and Exchange Commission that it and related affiliates had purchased more than 10 million new shares in CBRE. The shares were purchased for the going price of $3.77; CBRE’s stock closed Monday at $5.14.

Spokesmen for the FDIC, Mrs. Feinstein and Mr. Blum’s firm told The Times that there was no connection between the legislation and the contract signed Nov. 13, and that the couple didn’t even know about CBRE’s business with FDIC until after it was awarded.

Senate ethics rules state that members must avoid conflicts of interest as well as “even the appearance of a conflict of interest.” Some ethics analysts question whether Mrs. Feinstein ran afoul of the latter provision, creating the appearance that she was rewarding the agency that had just hired her husband’s firm.


We the People to Wall St.: Drop Dead

March 26, 2009

Special guest diatribe courtesy of Something Awful:

The following is a fucking letter sent right fucking now to the New York Goddamn Times, another dying newspaper that is spending its final years ignominiously lurching between the rotten crotch of Wall Street and the ghastly juice pit of its political patrons. The Fourth Fucking Estate lives on the Internet now, you simpering whores and charlatans!This is a response to an actual publicity stunt of a letter puked out by the biggest dickbag in recent history, Jake DeSantis, and then published by America’s paper of dumb fucking record. This ass polyp DeSantis worked for the patient zero of the ebola currently running rampant through the rupturing vessels and blown veins of our country’s financial circulatory system. This is a dude who helped us move a couple clicks closer to some Road Warrior 12 Monkeys shit and now he’s crying because he didn’t get his prostate massaged thoroughly enough by the taxpayers. When I address this shit to Wall Street, I mean specifically Jake DeSantis, formerly of A.I.G., but also all of the rest of these dumbfucks who just don’t fucking get it.

DEAR Wall Street,

What a bunch of whiny fucking babies. John Galt would be puking blood for 200-pages over this load of shit, you bunch of sobbing welfare queens. You fucked up. You ruined everything. You broke it, and we fucking bought it, because big baby was too big baby to fail.

We get it all ways from you motherfuckers. You’re robbing us of our present and future now, but first you stepped on our throats on your way to the top. You raked in the money with a bunch of made up fantasyland bullshit that wouldn’t fool a counting horse on America’s Funniest Home Videos, but somehow suckered in every major bank in the world.

Credit default swaps.

Those things are so fucking dumb that when you explain them to somebody and they laugh about how dumb they are you’ve got to act like ooooh they’re so magical and complicated. Far too complex for the plebes to get. No! Wrong! Go into OTB and put fifty dollars on Rambo’s Beautiful Blood. You just bought a credit default swap. Whoaaa you’re blowing my simple pea brain with your fancy Wall Street talkin’. You sadsack fuckers.

So everybody bought into your big scheme, even when they didn’t know they were playing, and now the whole thing has come crashing down because too many people won the fucking unbelievably obvious bet that a million illegal immigrants were going to default on million dollar home loans. Suddenly all your stupid fake money is gone, but if it’s gone the whole system of bullshit lies collapses and you look like dickheads. So whoopty-doo, now we gotta make the fake money turn real or else the house of shitty cunt cards comes crashing down, only there isn’t enough real money to cover all the fake money, so we’re making more real money.

Then there’s A.I.G., the bad seed, the carbuncle on our anus, the weeping wound in our tit, the sorry source of all our misery and woe. This is the monster garage full of miscreants that dreamed up the fire-breathing nitro-gulping predicament we’re in right fucking now. Their financial products division created the derivatives market from lies and their executives raked in billions in bonuses and easy money. While they were peddling bad bets, median wages in the US stagnated and poor working schmucks leaned increasingly on credit to get by. Prices on everything were going up, but credit was easy to come by what with all that bullshit money to throw around.

Read the rest of this entry »


The top 10 recipients of cash contributions from AIG in 2008

March 25, 2009

1. Sen. Chris Dodd, D-Conn., $103,100
2. Sen. Barack Obama, D-Ill., $101,332
3. Sen. John McCain, R-Ariz., $59,499
4. Sen. Hillary Clinton, D-N.Y., $35,965
5. Sen. Max Baucus, D-Mont., $24,750
6. Former Gov. Mitt Romney, (R) Pres $20,850
7. Sen. Joe Biden, D-Del., $19,975
8. Rep. John Larson, D-Conn, $19,750
9. Sen. John Sununu, R-N.H., $18,500
10. Former Mayor Rudolph Giuliani (R) Pres $13,200

So you can pretty much be assured that each and every name above is dirty. You can also be certain each and every one is all for bailing out the rich at the expense of everyone else.