Local Stories, Events
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Health Care & Environment
07.20 Until Emissions Drop, Nothing Has Been Accomplished: The Climate Resistance Handbook Is Here. [Trump can't be bothered as the world turns into a large cinder. His laser focus is on personal greed.]
07.20 With Petition to Congress, 100,000+ People Demand Green New Deal 'That Fixes Our Food System' [Realtime proactive response to reality—now and threatening—doesn't get attention in this greed focused administration]
07.19 Trump administration won't ban pesticide tied to childhood brain damage [There is no truth to the persistent rumor that chlorpyrifos pesticide was heavily used at Trump's childhood home in Queens]
07.17 Planned Parenthood president Leana Wen forced out by board [Given that states have lost abortion rights on political grounds recently, Wen's philosophical approach to protect abortion rights based on ‘health care’ was smarter – therefore it was that smarter strategy that was killed at the secret meeting.]
07.17 What is happening in America's Cancertown is tragic, immoral and evil [Niggardly white government policies could change to produce better students, better jobs and net revenue instead of costs. But it seems they enjoy more cruelty—like Trump.]
07.15 Extinction Rebellion protests block traffic in five UK cities [Non-corporate human animals make their annoying bleating sounds...]
07.14 A Glacier the Size of Florida Is Becoming Unstable. It Has Dire Implications for Global Sea Levels [The willfully ignorant needn't read more, Trump]
07.13 'Climate Despair' Is Making People Give Up on Life [Willfully ignorant governments—having fired many of their best scientists—have made themselves too stupid to despair]
07.13 Trump administration to approve pesticide that may harm bees [The worst government money can buy!]
07.11 7,000+ Colleges and Universities Declare Climate Emergency and Unveil Three-Point Plan to Combat It [Fox News and Betsy DeVos never talk about this stuff so it must be Bull Shit, right?]
07.10 Plastic Has A Big Carbon Footprint — But That Isn't The Whole Story [Fixing our world begins by educating your consciousness with the best truth from trustworthy news sources—so you'll then insist truly bad things will get fixed. But if instead you are educated by untrustworthy news sources—then your consciousness could be warped to where you are hating and fighting with your best friends. Clue: untrustworthy news sources never seriously report news about the world's most critical emergency—Global warming.]
07.09 Judge reinstates Madrid's low emissions zone [Yeh!]
07.07 How Solar Panels Work (And Why They're Taking Over the World) [Hope they leave space between panels for wild flowers to grow so birds and butterflies can flourish!]
News Media Matters
US Politics, Policy & 'Culture'
07.20 Fact check: Trump says Puerto Rico got $92 billion. They've seen only a fraction [If he opens his mouth, Trump's lying.]
07.20 Trump Denies Being at North Carolina Rally [Not sure if Trump supporters 'get' satire, but here goes....]
07.18 Inside Trump's DC hotel, where allies and lobbyists flock to peddle their interests [Also, too much ignored by media, the $millions "donated" corrupting moderate Democrats and Republicans every election cycle must stop]
07.18 This Republican's Case for Medicare for All [A well-informed Republican is rare, so let's hold him in the light so others may learn]
07.18 Trump rally crowd chants 'send her back' after president attacks Ilhan Omar [1:03 video shows Trump pandering to his ignorant idolaters, and together they're making America a greater shit-hole country]
High Crimes vs. Human Rights
07.19 Conscientious objectors of first world war – their untold tales [The record proves they were morally right by avoiding violent early deaths of their cousins and themselves]
Economics & Corrupt Capitalism
International & Futurism
07.20 US to deploy troops to Saudi Arabia in face of 'credible' regional threats [Working with Osama bin Laden's godfathers, Trump wants to profit like Erik Prince (for-profit education secretary Betsy DeVos' brother) of Blackwater infamy (hurriedly renamed ‘Academi’), the U.S. taxpayer to pay inflated costs while Trump siphons off long-term emolument largesse]
07.20 Iran on 'dangerous path' with seizure of Stena Impero, says UK [Which is this, a tit or a tat?]
07.20 'Dark satanic mills': Tony Abbott continues his crusade against wind turbines [Too much CO2 air pollution makes you stupid, and turns your country into an “Idiocracy” (1:36 video clip)]
07.20 Bolsonaro declares 'the Amazon is ours' and calls deforestation data 'lies' [Lazy and willfully stupid whenever it serves his purpose, just like Trump. “And the rest of you can all go to hell.” Again, just like Trump. Has your country turned into an “Idiocracy”? (1:36 video clip)]
07.19 Iran makes 'substantial' nuclear offer in return for US lifting sanctions [Was barbaric Saudi Arabia—whose citizens were more involved in the 9-11 attacks—the wrong ally all along?]
07.19 “The Task Ahead Is Enormous, and There Is Not Much Time” [Read this and learn. Or read Donald J. Trump (@realDonaldTrump) | Twitter and/or President Trump (@POTUS) | Twitter. Are you serious? Or are you in hideously criminal denial?]
07.18 ‘No rioters, only a tyrannical regime’: Thousands of Hong Kong seniors march in support of young extradition law protesters [Most people around the world have more in common with these Hong Kong Chinese protestors than with the ignorant people at Trump rallies]
07.18 Dozens Arrested as Over 1,000 Jewish Activists and Allies Shut Down Entrances to ICE Headquarters Demanding Closure of Trump Detention Camps [Obviously these are not the immoral and less educated right-wing jews who support Netanyahu, Trump and ICE, and who slowly exterminate Palestinians when no one is looking]
Thinking About Toxicity
Shortly the Federal Reserve Banking System will assume toxic mortgage CDOs from their current hosts at some form of discount, repackage them, and sell then them to fresh third-party investors at a string of open bid auctions. The devil will be in the details...I’ve been thinking about toxicity. Actually I’ve been thinking about the unfolding recession/depression, Obama on 60 Minutes, toxic albatrosses, Uncle $ugar as a toxic hedge fund auctioneer, toxic national debt, toxic dollars, and our toxic Congress. Any substantive action last week on the unfolding recession/depression – now being marketed as “THE GREAT CORRECTION” – took a backseat to the brouhaha of $165 MILLION in bonuses paid to potentially culpable parties at AIG from the some $170 BILLION bailout money from the US taxpayers. You’d TH*NK a crime of epic proportions had occurred. Such already had happened, this was but a mini quarterly neo-installment. The $165 MILLION is less than one tenth of one percent of the bailout amount – big whoop! Still it “was a matter of principle” - we all know what happens when DC finds religion and gets principles.
You see we knew our Mr. fix-it-in-chief would more than follow the Bernanke performance on the CBS Newsmagazine 60 Minutes one week later. He would eclipse Ben head shot for head shot and sound byte for sound byte! The ever-present teleprompter was not visible as it was neither on the prior week’s Leno guest spot. Obama scored strike after strike with Steve Crofts on 60 Minutes unlike his “gutter ball” with Jay Leno. The war for hearts and minds about any current economic downturn(s) will continue to be waged and on the air waves and scheduled media events. Can’t dazzle ‘em with results? Baffle ‘em with creative word usage and excessive digits of yet another TRILLION dollar wunderkreig policy initiative! This week’s buzz word is “TOXICITY.” And, there is another TRILLION dollar fix-it plan being rolled-out to implement its program.
There is a certain amount of validity to the assessment that “the behemoths of banking” can not swim on to their golden medals if they continue to be bogged down by the albatrosses of “toxic assets.” The humor here is the coupled marriage of “toxic” – that which can kill you, with “assets” – that which defines your wealth and status. The items in question are those questionable investments which the financial giants are carrying on the plus side of their balance sheet. These are really “toxic liabilities,” but to dub them as such would acknowledge them for the negatives they are; and would define the players carrying them as insolvent, bankrupt, and deep six-ed. Besides who would assume them, or buy them, as TOXIC LIABILITIES in any effort to feather or to improve their own nests?
This will require the marketing magic of a hundred-fold Bernie Madoffs and Allen Stanfords. Uncle $ugar thru slight of hand as financed by the smoke, lights, and mirrors of the Federal Reserve Banking System will assume these invest tumors from their current hosts at some form of discount, repackage them, and sell them to fresh third-party investors at a string of open bid auctions. Will there be any reserve pricing? Will guarantees be made to purchasers? Will verifiable valuations be provided? Will specific properties/addresses be IDed to these reconstituted debt obligations? Lastly, what is the contingency plan if insufficient third party bidders even show up? HUMM..?
In Sunday’s broadcast, Obama criticized the prior Bush/Cheney Administration by stating that their essential failure was in not acknowledging the impracticalness and impossibility of continuing their policies down the road for the long term. I can see those words of assessment coming back to haunt Obama and his Administration in a fairly near term. We are a mere 50+ days into the administration and criticisms/questions are accelerating.
While I like the concept behind the toxicity model, it is so tempting to apply it to other looming disasters. This March 23rd our national debt exceeds $11 TRILLION $54 BILLION. When does our national debt become “toxic asset?” In March of 2006, the US ceased reporting the M3 money supply figures. Last week the Treasury announced that the FED may be forced to buy US Treasury securities unsold at auction by printing yet more money. How will this policy impact the money supply and when does it become a “toxic asset?” I’d argue that our profligate Congress is already “toxic” for us!
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 firstname.lastname@example.org.
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This story was published on March 23, 2009.