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11.16 Scotland was first Industrialized Country to Run wholly on Wind in October

11.16 How pesticide bans can prevent tens of thousands of suicides a year [how many thousands more die early from eating pesticide-laced food?]

11.15  The long read:  The plastic backlash: what's behind our sudden rage – and will it make a difference? [the world wants to throw-up...]

11.15 Claws out: crab fishermen sue 30 oil firms over climate change [workers are waking-up...]

11.15 Trump administration to cut air pollution from heavy-duty trucks

11.14 Backed by Ocasio-Cortez, Youth Climate Activists Arrested in Pelosi's Office Demanding Democrats Embrace 'Green New Deal'

11.13 What would a smog-free city look like?

11.13 Global report highlights Australia’s renewables potential amid mixed signals for coal

11.13 Interior department whistleblower: Ryan Zinke hollowed out the agency

11.12  This Land is Your Land:  The Zinke effect: how the US interior department became a tool of industry [behaving ignorantly again...]

11.12 Planned Parenthood's new president warns of 'state of emergency' for women's health

11.11 Trump responds to worst fires in California’s history by threatening to withhold federal aid [behaving ignorantly again...]

11.11 Interior department sued for ‘secretive process’ in at-risk species assessment [behaving ignorantly again...]

11.11 Keystone XL pipeline: judge rules government 'jumped the gun' and orders halt [behaving ignorantly again...]

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11.17 As Energy for Medicare for All Explodes, Steny Hoyer's Plan Includes Waiting for Trump to Help Make Obamacare Better [Another who is unfit to be Democrat leader]

11.17 'A Staggeringly Bad Idea': Outrage as Pelosi Pushes Tax Rule That Would 'Kneecap the Progressive Agenda' [Unfit to be Democrat leader]

11.17 Trump Is Starting to Panic

11.16 As 'Green New Deal' Demand Grows, Democrats Have Choice: Confront and Defeat Fossil Fuel Industry or Take Credit for 'Doomed' Planet [Two choices: Save life-on-Earth or help Republicans let it die?]

11.16 Trump’s latest interview shows a president who’s in way over his head

11.16 Why the political fight in Georgia is far from over

11.16 Florida judge sides with Democrats, giving thousands a second chance to fix their ballots

11.15 Democrats Won Big. Can They Go Bold, Too? [it's about suppressing the influence and leadership by Republican-like Democrats who counsel 'íncremental' (no) change, such as Nancy Pelosi, Steny Hoyer, Hillary Clinton, Chuck Shumer and Joe Biden]

11.15 Pentagon Officials Forced to Make Fewer Public Appearances to Avoid Provoking Trump [...by revealing Trump's huuuge ignorance]

11.15 REPUBLICANS USED A BILL ABOUT WOLVES TO AVOID A VOTE ON YEMEN WAR [if there are 'defense industry' profits to be made—including congress-critter insider-trading—and political 'donations' to be had, we mustn't stop killing innocent civilians!]

11.15 Big Oil v the planet is the fight of our lives. Democrats must choose a side

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High Crimes?

11.14 The Guardian view on Yemen’s misery: the west is complicit [WAR CRIMES]

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11.16 Amazon’s HQ2 Will Get a Tax Break Designed to Help the Poor [a Republican program that directly helps participating wealthy companies—but only helps workers if and when 'trickle-down' occurs.]

11.16 Trump doesn’t want to punish Saudi Arabia over Khashoggi. His new sanctions prove it. [George W. Bush made a similar immoral decision for the same oily reasons after 9-11, protecting Saudi defense contracts while facilitating the slaughter of poorer Arab "terrorists" in the region.]

11.15 The Earth is in a death spiral. It will take radical action to save us [fossil fuel burning, un-recyclable plastic production/use and methane gas release must cease ASAP.]

International & Futurism

11.17 Saudi crown prince's 'fit' delays UN resolution on war in Yemen

11.17 Thousands gather to block London bridges in climate rebellion [We're losing WWIII because the enemy is invisible while we're like frogs slowly cooking. We aren't informed enough to be alarmed, but must get organized and motivated to fight back. We need a War Plan to ruthlessly pursue the fight of our lives!]

11.17 Policies of China, Russia and Canada threaten 5C climate change, study finds [Climate catastrophe is increasingly likely without worldwide organization, funding and commitment to winning THE WAR AGAINST GLOBAL WARMING.]

11.17 CIA finds Saudi crown prince ordered Jamal Khashoggi killing – report

11.15 Cuba to pull doctors out of Brazil after President-elect Bolsonaro comments [terms must be negotiated for fairness to Cuba's health professionals without disruption of healthcare for Brazil's poor]

11.14 'Appalling' Khashoggi audio shocked Saudi intelligence – Erdogan [Exposing a psychopath?]

11.14 Israel and Hamas launch hundreds of attacks in Gaza clash

11.14 Mueller seeking more details on Nigel Farage, key Russia inquiry target says

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  Thinking About Juggling
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ECONOMIC ANALYSIS:

Thinking About Juggling

by Fred Cederholm
The Administration, the country, and the planet need a vacation/hiatus from the bad news. The powers-that-be need time to gather public feedback on the leaked hypotheticals of the past week and re-TH*NK their game plan.
I’ve been thinking about juggling. Actually I’ve been thinking about the unfolding recession/depression, illusions, leakings, speculations, and Limbaugh. The Obama Presidency is now beginning its eighth week. The fun stuff of the Inauguration ceremonies and festivities is but a not-so-distant memory. Everyone knew it was going to be a rough ride and a long haul, but who’d of thought the 44th President would achieve the dubious honor of officially having a “bear market” so quickly after being sworn in as the nation’s fixer-in-chief? This is on top of 45%+ declines in 2008.

You see a “bear market” is defined as a 20% decline in the major indexes. The Obama team has met such criteria in a scant two months! The response of these markets is a barometer on the Obama plan for a turnaround – not a good sign. Congress gave him his TRILLION dollar stimulus package on schedule with a gratuitous surplus of pork and earmarks to boot. 100’s of BILLIONs of earlier authorized bailouts, restructurings, infusions, and slight of hands transferring “toxic” (as in worthless) assets to the Treasury - or the Federal Reserve Banking system - have transpired since January 20th. Have we tuned the corner? Is the corner in sight? Do we even know where the corner is? Unfortunately the answer to all these questions is a resounding... NO! NO! And, NO!

The current situation will challenge not only this Administration and the nation as a whole; the entire planet is looking down the wrong end of a double barreled shotgun. Despite the near record breaking declines in the US equity markets, corporate profitability, layoffs and dis-employments, goods and services consumption, and construction/real estate; the US is looking relatively good and is postured to weather out the turmoil(s) fairly well. This relativity of the dire and dour is the only explanation why essential foreign money continues to flow into the United States. For example, the severity of the situation(s) in the UK have seen just over $ TRILLION in foreign investment capital repatriate from London to the US in the past year alone. The global cash flow to the US hurts development everywhere else with the marginal or poorest nations hit the most.

Obama and his talking heads are juggling the full spectrum of plates, balls, and knives. Being BOTH fear-leaders AND cheer-leaders is dangerous. Such duality undercuts credibility, public support, and any real progress towards a turnaround. The self fulfilling prophesies aspect cuts both ways – firing up the cheers AND accentuating the fears. Thus far, President Obama himself has enjoyed amazing public support, while the bon mots for FED Chairman Bernanke are waning, and any positives for Treasury Secretary Geithner have yet to materialize! It is too early to call the impact of Budget Director Orszag at this point. His first budgetary creation is only now being digested and evaluated. Each will be responsible for the successes (or failures) of their own illusions.

The juggling gamesmanship goes beyond those mentioned in the prior paragraphs. Test marketing of coming (possible) crises and hypothetical actions or solutions are being leaked all over the DC beltway and beyond. These come from Congressional personages, their entourage(s), media political pundits, and politco-celeb-wanabees - via their interviews and sound bytes. Be forewarned that: (1). A General Motors breakup bankruptcy is a growing possibility, (2). Further infusions to AIG for their “hedge losses” will not fly, (3). The FDIC fund will need major taxpayer infusions, (4) Too big to fail (and disappear completely) will NOT apply to at least one US mega banking/financial establishment, (5) Nationalizations – regardless of how described – will occur, and (6). A major reshuffling could occur in the neophyte Obama Administration team!!!

The Administration, the country, and the planet need a vacation/hiatus from the bad news. I don’t see that happening in any foreseeable future. I do, however, feel that the coming week will be relatively uneventful in that the powers-that-be need time to gather public feedback on the leaked hypotheticals of the past week and re-TH*NK their game plan. We WILL be treated to more leaks and focus group speculations. If nothing else, there is always Limbaugh “Rushing” to stir up the...um... juggling!

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.


Copyright 2008 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at asklet@rochelle.net.


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This story was published on March 9, 2009.

 

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