And you can't see the forest for the trees. A common mistake when urban folks head out into the countryside. Another mistake is Ben Bernanke's steerage of the Federal Reserve Bank's monetary policy. Quantitative Easing II ended quietly and with no fanfare on June 30, 2011. That ping and whine down you heard at your bank was the last coins striking an empty vault as the feds ginormous printing presses spun down. The dollar paper makers did not stop making dollar paper, since they do not believe this congress will hold the line on the debt ceiling.
Tim Geithner announced a new Treasury plan this week to stimulate the stock markets, the federal assist in recovering troubled stocks, FARTS, along with his desire to step down as the Secretary of Treasury.
FARTS plans to infuse a pant load of newly created money into the stock market to inflate the value of stocks which Geithner believes will by necessity relieve the downward pressure on the dollar when compared to a basket of other, mostly third world, fiat currencies.
"I feel very confident that the US dollar will do well against the Zimbabwean Dollar, the Mexican Peso and Somali Shillings." He was quoted as stating.
Geithner went on to say, "If the FARTS program is as successful as I believe it can be, then President Obama may be the first leader who FARTS his way to re-election in 2012!"
Chinese President, Hu, was the first of many world leaders to say US FARTS are fouling the international investment community and something drastic must be done to clear the air.
German Chancellor Angela Merkel stated all of Europe is holding its nose when she learned of the new Geithner plan. "I do not think the US knows how Geitner's FARTS will effect Greece in its recovery effort."
Geithner was asked how big a FART was planned by the Federal Reserve, and though they have not settled on a final figure, he said it would be very substantial.
To which, Mark Halpern, formerly of Time and CNN, blurted out, "In other words a very large FART?
"Yes, Mark, a very large FART. Perhaps a FART that will be heard round the world!"
Jackob, Urban Poverty Law Center
Showing posts with label Tim Geithner. Show all posts
Showing posts with label Tim Geithner. Show all posts
Saturday, July 2, 2011
Friday, July 1, 2011
Urban Poverty Law Center Weakly ICE Comments
Greece will have its skids greased by German Chancellor Adolf Merkel. The Germans have the most experience in bailing out bankrupt EU countries since taking on its bastard half step child, East Germany, when the former Soviet Union, fell into a financial heap, and unloaded all its former charges in Eastern Europe after playing chicken with Ronald Reagan. Seems the Socialist at the Kremlin had run out of other peoples money, not unlike those fun loving, barely working, bronze toned leisure lizards, who lounge clad only in speedos on their beautiful Mediterranean beaches ogling the topless tourists from Tunisia traipsing triumphantly towards Timbuktu.
All play and no work makes Jack Mayboltopompolottalou a happy boy! The Greeks enjoy one of the shortest work weeks in the world, 33 hrs. Even our man-child president, Barack Hussein Obama, puts in 34 hrs of work a week if you include his 6 hr golf games.
Mark Halpern, formerly of CNN/Time, blurted out an honest assessment of our Incompetence in Chief, Barack Obama, on Morning Joe yesterday, when he referenced Obama as the thing displayed in Anthony Weiner's undershorts made famous by Twitter.
Apparently, Mr. Obama's handlers, no pun here, want to see if the President, who was a Dick in his press conference on live TV, can match Weiner for Weiner on Twitter where he will conduct a townhall meeting. Jay Carney has assured us President Obama will be fully clad for the Tweeting, surrounded by his handlers. Not a fluff girl in the chorus, I might add.
Michelle Bachmann, threw her bonnet into the ring to challenge Mr. Obama for his position. I use position instead of job, because the term "job" implies work, and if work is measured by results, then Obama has only held the position, he is President in name only, PINO, or President in Position Only, or PIPO, if you please or PIP for short.
PIP, that has a nice, small, and inconsequential ring to it when referencing our beloved 44th president.
Tim Geithner, Secretary of the Empty Treasury, is getting fatigued managing all those imaginary dollars as they fly off the Fed's printing presses and out the door.
He says he is dizzied by the blur of green streaming out of his department. That the 80 teaparty congressional neophytes have held out for raising the August 2, 2011 debt ceiling for so long is remarkable. The pressure these freshman congressmen and women feel must be greater than that experienced by the cotton fibers in Weiner's undershorts in the magnificently tumescent twittered photo of Huma's estranged husband's reproduction apparatus or "package" if you please.
Personally I am shocked anyone would want to reproduce that queer little man, ever! God has to have a sense of humor. Anthony Weiner, hoisted on his own petard, placed here by God as good entertainment to the many who are not queer little men. We only chuckle along with God. We do not mock his creation, only its flaws.
Show of hands, who among us has not wanted to twit our packages to hundreds of horny coeds when our minds were muddled by a testosterone storm pressured by gonads charged with millions and millions of able bodied semen, throbbing and pulsating, screaming and rioting, pushing and shoving in protest for early release? But most of us left all that behind after successfully making our way out of puberty. Estrogen and Testosterone can make fools of us all. Let us face it, without it men and women would kill each other and the human race would be extinct. Viva la hormones!
Buck Turgidson is Anthony Weiners screen name, chosen from the Dr. Strangelove character played in the movie by Geo. C. Scott. If you have never seen this 1963 classic Stan Kubrick movie, netflix it and spend an hour and 45 minutes and laugh. The late great Peter Sellers has three parts in the movie, Mandrake, President Merkin, and Dr. Strangelove.
This past week or two in politics has been strange-love. Better get it while you still can. I am...
Dr. Jackson Delano Maybolt, PhD, President, Urban Poverty Law Center
"Boys will be boys, and boys would be girls without testosterone. Personally, I like the two party system better." Mother Maybolt, 1923-2008
All play and no work makes Jack Mayboltopompolottalou a happy boy! The Greeks enjoy one of the shortest work weeks in the world, 33 hrs. Even our man-child president, Barack Hussein Obama, puts in 34 hrs of work a week if you include his 6 hr golf games.
Mark Halpern, formerly of CNN/Time, blurted out an honest assessment of our Incompetence in Chief, Barack Obama, on Morning Joe yesterday, when he referenced Obama as the thing displayed in Anthony Weiner's undershorts made famous by Twitter.
Apparently, Mr. Obama's handlers, no pun here, want to see if the President, who was a Dick in his press conference on live TV, can match Weiner for Weiner on Twitter where he will conduct a townhall meeting. Jay Carney has assured us President Obama will be fully clad for the Tweeting, surrounded by his handlers. Not a fluff girl in the chorus, I might add.
Michelle Bachmann, threw her bonnet into the ring to challenge Mr. Obama for his position. I use position instead of job, because the term "job" implies work, and if work is measured by results, then Obama has only held the position, he is President in name only, PINO, or President in Position Only, or PIPO, if you please or PIP for short.
PIP, that has a nice, small, and inconsequential ring to it when referencing our beloved 44th president.
Tim Geithner, Secretary of the Empty Treasury, is getting fatigued managing all those imaginary dollars as they fly off the Fed's printing presses and out the door.
He says he is dizzied by the blur of green streaming out of his department. That the 80 teaparty congressional neophytes have held out for raising the August 2, 2011 debt ceiling for so long is remarkable. The pressure these freshman congressmen and women feel must be greater than that experienced by the cotton fibers in Weiner's undershorts in the magnificently tumescent twittered photo of Huma's estranged husband's reproduction apparatus or "package" if you please.
Personally I am shocked anyone would want to reproduce that queer little man, ever! God has to have a sense of humor. Anthony Weiner, hoisted on his own petard, placed here by God as good entertainment to the many who are not queer little men. We only chuckle along with God. We do not mock his creation, only its flaws.
Show of hands, who among us has not wanted to twit our packages to hundreds of horny coeds when our minds were muddled by a testosterone storm pressured by gonads charged with millions and millions of able bodied semen, throbbing and pulsating, screaming and rioting, pushing and shoving in protest for early release? But most of us left all that behind after successfully making our way out of puberty. Estrogen and Testosterone can make fools of us all. Let us face it, without it men and women would kill each other and the human race would be extinct. Viva la hormones!
Buck Turgidson is Anthony Weiners screen name, chosen from the Dr. Strangelove character played in the movie by Geo. C. Scott. If you have never seen this 1963 classic Stan Kubrick movie, netflix it and spend an hour and 45 minutes and laugh. The late great Peter Sellers has three parts in the movie, Mandrake, President Merkin, and Dr. Strangelove.
This past week or two in politics has been strange-love. Better get it while you still can. I am...
Dr. Jackson Delano Maybolt, PhD, President, Urban Poverty Law Center
"Boys will be boys, and boys would be girls without testosterone. Personally, I like the two party system better." Mother Maybolt, 1923-2008
Wednesday, December 16, 2009
Urban Poverty Law Center's Balanced Budget Position
Friends,
Watching Politicians in Washington DC squabble about where to spend trillions of dollars both from revenues and borrowed makes my right leg ache and it has not been attached to my torso for over three decades since the John Deere manure spreader mangled it back on that blustery spring day in 1978. I am on disability, SSI, and am only 56 yrs old. Believe you me, I would much rather be working at anything than poking around all alone in mother's house with my four cats. At least I can shape national policy in my work for the UPLC.
I really wanted to opine about the $1.7 trillion deficit that was put together with the TARP(Troubled Asses Relief Program) passed in 2008 and the Stimulus Package passed in January of 2009. This reckless spending before taxes are collected by our representative leaders shirking their fiduciary responsibility to the people is misinformed at best and criminal at worst.
Show me the money! Can Tim Geithner just give us an accounting of where all the TARP funds were placed? Did most of the cash go into secret accounts of Wall Street and Fed Reserve Fat Cats? Does some of this money make its way back into the campaign coffers of our Greatest Deliberative Bodies of the Universe? How will we ever know? No matter. What can we do about it anyway?
Why has only 1/4 th of the Stimulus Package been spent and why did ACORN get $5.7 billion dollars and the Urban Poverty Law Center got $0? Where is the justice?
I promised you a balanced budget plan for idiots. Most will agree that even our representatives could understand this plan. I will give you the one paragraph edition, though I will post the 1000 page edition later for those of you who are so inclined.
All US Gov payments are factored for the deficit. Total Monies spent $4trillion;
Deficit is $1.7 trillion. Reduce all US Gov payments by 1.7/4.0 which is a 42% reduction of all expenditures. Each $100 government outlay would only cost $58 dollars. All Government salaries would see the same cut including Senate, House, and President. If they deficit spend we all suffer equally. It seems only fair. With the balancing of the budget, the checks would go back to parity.
Jackson D. Maybolt, PhD
Chief Economic Adviser, Urban Poverty Law Center
"That's water under the bridge. Precisely where you want it." Mother Maybolt, 1923-2008
Watching Politicians in Washington DC squabble about where to spend trillions of dollars both from revenues and borrowed makes my right leg ache and it has not been attached to my torso for over three decades since the John Deere manure spreader mangled it back on that blustery spring day in 1978. I am on disability, SSI, and am only 56 yrs old. Believe you me, I would much rather be working at anything than poking around all alone in mother's house with my four cats. At least I can shape national policy in my work for the UPLC.
I really wanted to opine about the $1.7 trillion deficit that was put together with the TARP(Troubled Asses Relief Program) passed in 2008 and the Stimulus Package passed in January of 2009. This reckless spending before taxes are collected by our representative leaders shirking their fiduciary responsibility to the people is misinformed at best and criminal at worst.
Show me the money! Can Tim Geithner just give us an accounting of where all the TARP funds were placed? Did most of the cash go into secret accounts of Wall Street and Fed Reserve Fat Cats? Does some of this money make its way back into the campaign coffers of our Greatest Deliberative Bodies of the Universe? How will we ever know? No matter. What can we do about it anyway?
Why has only 1/4 th of the Stimulus Package been spent and why did ACORN get $5.7 billion dollars and the Urban Poverty Law Center got $0? Where is the justice?
I promised you a balanced budget plan for idiots. Most will agree that even our representatives could understand this plan. I will give you the one paragraph edition, though I will post the 1000 page edition later for those of you who are so inclined.
All US Gov payments are factored for the deficit. Total Monies spent $4trillion;
Deficit is $1.7 trillion. Reduce all US Gov payments by 1.7/4.0 which is a 42% reduction of all expenditures. Each $100 government outlay would only cost $58 dollars. All Government salaries would see the same cut including Senate, House, and President. If they deficit spend we all suffer equally. It seems only fair. With the balancing of the budget, the checks would go back to parity.
Jackson D. Maybolt, PhD
Chief Economic Adviser, Urban Poverty Law Center
"That's water under the bridge. Precisely where you want it." Mother Maybolt, 1923-2008
Subscribe to:
Posts (Atom)