The Courage to Blame Others
CBS’ Craig Ferguson has a field day with Rupert Mudoch [VIDEO 12 min.]
Forward to 04:40 for the best stuff.
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I love Craig Ferguson!
What!?! Another woohoo for moi??? Ahem…WOOHOO!!!
http://craigcrawford.com/2011/07/19/murdoch-creamed-coincidence/#comment-264957
Thanks Jack. Sometimes it pays to have had nothing but books and music for companions for the first 18 years of your life.
Craig… I LOVE these clips you’re showing from Craig!
He’s Scotland’s version of John Stewart.
Ferguson is F****** hilarious only that f****** Scotsman would say the words!!!! I love that man.
HW
Thanks for the Piers Morgan education…I did not know any of that.
Well that’s it for me CNN does aspire to be Fox
Scotland Yard’s Top Anti-Terrorism Sleuth resigns over a little little payoff, and the next thing you know, Parliament is attacked with a terrorist pie !
This is what comes of pooh-poohing the neo-cons’ & faux news’warnings that the Islamo-fashionists lurk under every bed and bench. Now yet another poor, innocent, senior citizen has become a victim of these monsters.
XR
That’s “Fashionista” and don’t forget the Badgley Mischkas
Yes indeed, Jamie,
Badgley Mischkas tm are extremely deadly in hand-to-hand combat. They’re the high heels midgets like chuck norris prefer. Although for the sake of his macho image, chuck disguises them by putting on specially crafted Magli Woodman tm boots over them. Of course, chuck prefers open toesl his feet are always cool and comfy in Badgley Mischkas tm.
End Biting Satire Alert
Oh, and Merle Norman is his preferred eyeliner.
Actual EBSA
Pedro Garcias are too clunky.
Oh man, such good reading on the other thread! Just catching
Jack, Jamie your amazing! Purple you too!
AFL-CIO Slams ‘Gang of Six’ Proposal For ‘Goring’ The Poor
Susan Crabtree
Lov, lov, lov Trumka!
XR
Splash on the Tom Ford cologne and I’ll follow you anywhere.
Voters Need to Know Who Cut Their Benefits Before 2012
By: Brian Sonenstein
Reuters: Fed Preparing for Default
by Taylor Marsh
Obama in perilous shape
Bernie Sanders Gets Sarcastic, Rips Gang Of Six Plan
The Huffington Post Alex Becker
Gang of Six cuts Social Security, cuts corporate tax rates, eliminates CLASS Act
byJoan McCarter
Apologies in advance for the bandwidth abuse.
In the last thread mqw asked, “If keynes was right why is the unemployment rate at 9.3 percent ?”
Part I
The answer is that Keynesianism was ditched under reagan in the spring of 1981. Keynesian theory calls for fiscal spending on the development of desireable goods and services in tough times, and the repayment of the borrowed sums in boom times, to lessen the severity and suffering experienced during such swings. reagan switched us to Friedmanist monetary policy, which through the Federal Reserve Bank spurs growth in tough times by lowering interest rates, and retards growth by raising interest rates during the booms. The chief improvement in Friedmanism is that we each get to choose through informed reasoning whether or not we want to borrow and spend. The chief failures of Friedmanism are 1. that it moves with glacial slowness, 2. that the financial decisions people make are neither informed nor reasoned.
To supplement Friedmanism, reagan adopted the Laffer Curve Theory as government policy. Laffer says that up to a point, tax breaks will spur economic activity. As the laffer curve is a CURVE, after a point tax breaks have diminishing returns, no returns, and finally negative returns, as the fiscal powers of government are progressively choked for lack of revenue. We entered the negative returns part of Laffer’s Curve around 2002.
To be continued
Part II
Early on, President reagan became dissatisfied with the pace of the Friedmanist/Lafferist methods and 1. instituted the largest single rise in taxes since 1862, and 2. began an inflationary policy, spending enormous sums on non-desireable goods and services, such as Star Wars and the replacement of the US surface fleet. This did not develop the economy, but it put large numbers of people to work in the Big Government Semi-socialist Military Industrial Complex, making us by far the leader among all the nations in our ability to fight a WW II type conflict. But more importantly it put people to work and sent them home with paychecks. reagan’s was deficit spending at a pace previously unknown during peacetime. 20 years later, dick cheney famously said, “reagan proved deficits don’t matter”. But, it wasn’t Keynesian.
I interpret your Q about Keynsianism to mean, “Why is unemployment so high when we have spent so much ?” which is a great question. The answer is that not all government spending is Keynesian. Keynes did not advocate mere money transfers as effective spurs to business growth or to boost employment. And, mere money transfers to the self-wounded banks were exactly what the great ‘stimuli’ of the babybush/obummer administrations amounted to. There was no actual building, growing, selling, buying, renting, hiring, expanding, etc. These were mere money transfers, titanic though they were, rather than economic activity.
Another good Q would be, why after 30 years of stringless tax breaks do we now have 9.3 % unemployment ?
Yet another good Q would be, why are republicans always saying that Marxism kills busness, when redChina has eaten our lunch, and the most (allegedly) anti-commie goopers are the biggest traders with these same allegedly incompetent commies ? I mean, arschlochen like walmart, ge, murdfox news, microsoft, oracle, the bush family, etc. ? I suspect that the answer lay on the last page of Animal Farm.
In this case, the farmers now resemble the swine, and the commisars are cheaper to maintain than the ceos, which is why redChina is puts us to shame.
The simultaneous cure to America’s economic decline and the revenue shortfall might be to
1. rescind the repeal of the estate tax,
2. round up all the non-inventor, non-founder execs who take in excess of $10 M!LL!ON per year & kill them.
It is extremely important that step 1 precede step 2. :
pillage THEN burn. ( :>D))<
Tony,
The chief fault of the 6 Gangsters’ Plan is the part that lowers the income tax rate for the highest incomes -- yet again.
Could we have gotten a better plan out of them with waterboards ?
re the PP poll, what chance does PPP give willard of being the rip up nominee ?
I give willard 1 in 4, bachmannia 1 in 2, and santorum, hitsman, Potholes Aplenty, wrong paul, and The Mark of Cain combined 1 in 4. These numbers will change as things devolve and the present dwarves drop out to be replaced by even goofier dwarves. Standing by in a state of occultation until the people need them are The Messiah, The Imam, King Arthur, Charlemagne, Joe Hill, sarah palin, and the huckster
Love song
Jamie,
I splashed on that old Tom Ford and everyone disappeared from the Trail.
The Prince of the Air(waves) escaped from Britain today, but his son is still at risk. Meanwhile, AP reports that the Saudi Royal Family continues to support their little dhimmi friend :
“Prince Alwaleed bin Talal commended Rupert and James Murdoch for tackling problems at the company and for cooperating with investigators. Alwaleed, who controls 7 percent of News Corp., said the company remains ‘a valuable and long term investment.’ ”
By ‘controls’, the AP means the Saudi Royals owns 7% of the newsCrap shares -- the controlling interest in the whole shebang -- not that they run a little slice of the company that is 1/14 of the entire operation.
The imprtant point is that the chief promoter of the incredibly wasteful and debilitating Iraq Fiascos I & II was newsCrap, controled by the top Wahhabi Totalitarian Dictator in the entire sidereal Universe. (Parenthetically, this latter day Arabian jaba the hutt operates through his flunkies Prince alaweed, rupert murdoch, drunk cheney, the bush crime family, o’really, and the entire flotsam of neoconartist scum, and through them he runs the republican Party.)
Did the rapture happen ?
I’m goin’ to bed. With this Tom Ford stinkum on I’m feeling lucky.
I got a kick out of the two blowhards, Joe Walsh from Illinois 8th District , and Chris Matthews of msnbc going at it two nights ago.
http://walsh.house.gov/
This Walsh is my brother’s congressman. Walsh actually shouted down Matthews, can you believe it?
XR
I followed the scent but everyone was gone for the night. Sleep well folks.
Yep, Craig Ferguson is wonderful. He really is not a monarchist -- he told Helen Mirren that’s why he’s here. I’ve heard other Brits being open about their caste system, and of course I enjoy it. I saw his bit last night on the show, and hoped it had a wide audience.
I’m guessing many of you are caught in this ‘dome of high pressure’, aka heat wave. I do feel for you and am so glad that our high today of 90 issn’t supposed to last. All those people who scoffed at the term global waarming because it snowed last winter are being very quiet now, I notice.
Space shuttle Atlantis is currently set for its historic and final landing at the Kennedy Space Center at 5:56 AM EDT. Thanks to Obummer, about 4,000 people at the Kennedy Space Center will receive pink slips tomorrow. These are highly skilled people. Obummer the job destroyer and responsible for our jobless recovery.
Space shuttle Atlantis has landed safely! Let the Obummer layoffs begin.
PIT
A sad day, looks like we are going to be using Chinese and Russian rockets. Who would a thunk it, the Russkis have won the space race. This is a major down grade in our national reputation. We used to own space and now we can’t even get there unless we hitch a ride with the Russians.
Jack
all the chinese rockets I’ve seen explode spectacularly when they reach a certain height….and sometimes they actually explode right there in the bottle…..
new thread