So I heard on Cenk Uyghur's Young Turks video blog on youtube today that Larry Flint and Joe Francis are gonna go to D.C. to ask for a bail-out.
One question: Are YOU F'ING KIDDING ME????!!!!
I hope you are. Please tell me that you're just doing this to prove a point about how our congress is overspending and bailing out companies. I want to believe that that's why you're doing this.
I hope you're not seriously going to ask for money. I always thought porn was a recession-proof business for that matter. Silvio on the Sopranos said it, so it has to be true.
Then again, with this congress who has a higher retention rate than the Soviet Politburo (spelling??), I shouldn't be so surprised that they're so lost in the drunken sailor-like spending that they do give a few billion to Hustler and Girls Gone Wild.
Sorry drunken sailors, I didn't mean to insult you by comparing you to congress.
Saturday, January 10, 2009
Wednesday, January 7, 2009
On Ponzi schemes
So we found out that hedge fund manager Bernie Madoff caused many people to lose mucho dinero. And no, I'm not gonna use the over-used pun of "Bernie Madoff made off......Bwahhaahahaaha!" Not gonna happen.
Anyway, well known high rollers like Mort Zuckerman, Steven Spielberg, and Michael Bloomberg lost multiple millions. So I hope that all you Jew-haters out there will stop with the banking conspiracy theory nonsense. Jews lost millions of $$ because of a Jew. So quit it with the "Jews control our money" crap.
Why did these men, and the other investors, and the institutions, and the charities lose money? Because Bernie Madoff and his crooks for friends were running a Ponzi scheme.
Brief history lesson: In the early 1920s an immigrant from Italy by the name of Carlo Ponzi solicited people for money in an investment he guaranteed them would make 50% return in a matter of months. Well, it did make the investors 50% in a few months. He told the next set of investors the same thing, and it happened. The third, and so on. How did he invest their money to get a 50% return? Simple. He didn't. He kept getting new sets of investors into the scheme. Half of each new set of investors' money went to the set of investors before them, and the other half went into Ponzi's pocket. All this was working until the stock market crash of 1929, and Ponzi couldn't bring in a new set of investors to compensate the last. That's when the "Ponzi scheme" came crashing down.
Well, having been in Primerica for two years, I can tell you I know a pyramid set up when I see it. And the Ponzi scheme that really needs to be shut down or better regulated is Social Security. That's the biggest one of them all. Madoff is nothing compared to social security and what's gonna happen to the retirees who take benefits in and after 2042. The way social security works (at least today) is that those of us who work now are having money taken out of our paychecks and given to retirees and the disabled. We will be given benefits in the future based on what we put in now and in the forseeable future. There is no money sitting in a lock box somewhere with your name on it waiting for you to claim it at age 62 or higher, or upon disability. But the dynamic is different today than in 1935. Back then there were 13 workers for every retiree. Today there are 3 workers for every retiree. People are living longer due to medical breakthroughs and couples are having fewer children. Do you see where a problem is arising? And don't tell me that eliminating the Bush tax cuts will improve the situation. That's pissing in the ocean, to be blunt about it.
Say what you will about Bush, and I've said what I've said about him, but he was right on social security. But because the left is so beholden to AARP and so eager to spite the man for the 2000 and 2004 elections, they ruined our one chance to really improve the situation.
Can you tell I'm not a huge fan of the Democratic party?
Anyway, well known high rollers like Mort Zuckerman, Steven Spielberg, and Michael Bloomberg lost multiple millions. So I hope that all you Jew-haters out there will stop with the banking conspiracy theory nonsense. Jews lost millions of $$ because of a Jew. So quit it with the "Jews control our money" crap.
Why did these men, and the other investors, and the institutions, and the charities lose money? Because Bernie Madoff and his crooks for friends were running a Ponzi scheme.
Brief history lesson: In the early 1920s an immigrant from Italy by the name of Carlo Ponzi solicited people for money in an investment he guaranteed them would make 50% return in a matter of months. Well, it did make the investors 50% in a few months. He told the next set of investors the same thing, and it happened. The third, and so on. How did he invest their money to get a 50% return? Simple. He didn't. He kept getting new sets of investors into the scheme. Half of each new set of investors' money went to the set of investors before them, and the other half went into Ponzi's pocket. All this was working until the stock market crash of 1929, and Ponzi couldn't bring in a new set of investors to compensate the last. That's when the "Ponzi scheme" came crashing down.
Well, having been in Primerica for two years, I can tell you I know a pyramid set up when I see it. And the Ponzi scheme that really needs to be shut down or better regulated is Social Security. That's the biggest one of them all. Madoff is nothing compared to social security and what's gonna happen to the retirees who take benefits in and after 2042. The way social security works (at least today) is that those of us who work now are having money taken out of our paychecks and given to retirees and the disabled. We will be given benefits in the future based on what we put in now and in the forseeable future. There is no money sitting in a lock box somewhere with your name on it waiting for you to claim it at age 62 or higher, or upon disability. But the dynamic is different today than in 1935. Back then there were 13 workers for every retiree. Today there are 3 workers for every retiree. People are living longer due to medical breakthroughs and couples are having fewer children. Do you see where a problem is arising? And don't tell me that eliminating the Bush tax cuts will improve the situation. That's pissing in the ocean, to be blunt about it.
Say what you will about Bush, and I've said what I've said about him, but he was right on social security. But because the left is so beholden to AARP and so eager to spite the man for the 2000 and 2004 elections, they ruined our one chance to really improve the situation.
Can you tell I'm not a huge fan of the Democratic party?
On the Roland Burris situation
For once me and Mike Gallagher are in complete agreement on something -- how does the Democratic Party look; how do Harry Reid and Dick Durbin (who thinks women can do what they want with their bodies, i.e. -- abortion but you and I can't take ephedrine) look after yesterday's mess?
A black man, Roland Burris, was turned away at the senate doors and made to walk in the rain, and later consult his attorneys, because Harry Reid and Dick Durbin are so scared of the political ramifications of the Blow-job-o-vich scandal, that they don't wanna take the heat for the governor's appointee, even though the appointee himself has come under no corruption charges, and is qualified for the job?
Planetary alignment has occurred here, because I have to praise Mike Gallagher for summing up the situation so perfectly: The Senate Democrat leadership has refused a black man entry into the senate and made him walk home in the rain. And this is the party of minorities? Of affirmative action? Of protecting the black man from the evil white racist republicans who are out to screw minorities?
Meanwhile, the Republican party is about to elect its first ever African-American party chairman, and the race is between two -- wait for it -- two AFRICAN-AMERICANS. Ain't that somethin'?
Democratic party -- get your shit together. Seriously. You are in charge of EVERYTHING now. You have an almost filibuster-proof majority in the senate. You can't blame Bush and the Republicans anymore. And incidents like this don't help you. Neither does that fake phony photo op of Reid and Durbin smiling with Roland Burris. Just listen to the words of your senator from Minnesota, "I'm good enough, I'm smart enough, and doggonit, People LIKE ME!"
A black man, Roland Burris, was turned away at the senate doors and made to walk in the rain, and later consult his attorneys, because Harry Reid and Dick Durbin are so scared of the political ramifications of the Blow-job-o-vich scandal, that they don't wanna take the heat for the governor's appointee, even though the appointee himself has come under no corruption charges, and is qualified for the job?
Planetary alignment has occurred here, because I have to praise Mike Gallagher for summing up the situation so perfectly: The Senate Democrat leadership has refused a black man entry into the senate and made him walk home in the rain. And this is the party of minorities? Of affirmative action? Of protecting the black man from the evil white racist republicans who are out to screw minorities?
Meanwhile, the Republican party is about to elect its first ever African-American party chairman, and the race is between two -- wait for it -- two AFRICAN-AMERICANS. Ain't that somethin'?
Democratic party -- get your shit together. Seriously. You are in charge of EVERYTHING now. You have an almost filibuster-proof majority in the senate. You can't blame Bush and the Republicans anymore. And incidents like this don't help you. Neither does that fake phony photo op of Reid and Durbin smiling with Roland Burris. Just listen to the words of your senator from Minnesota, "I'm good enough, I'm smart enough, and doggonit, People LIKE ME!"
Sunday, January 4, 2009
On the current situation in Gaza
For the past week there has been great destruction and death in the Gaza strip.
Approximately 500 Palestinians and 10 Israelis have died in the recent flare up.
I do not think it's acceptable for H.A.M.A.S. to fire rockets in civilian areas. That definitely needs to stop. Whether it's the P.A. who stops it or the local population or a rival faction, the rocket attacks need to stop. Not only is it morally wrong, but also tactically ineffective.
I give the same message to Israel. While the American media focuses on the fact that Palestinians fire rockets into Israel from Gaza, as well as the fact that Israel withdrew from Gaza in August 2005 and still those irrational Jew-hating Moslems can't quench their thirst for the blood of Israelis, it's worth bearing in mind that Israel did not completely withdraw from Gaza. From the land, yes. But Israel still controls the commercial border crossing points, the air space, they don't allow fishers to go more than 2 miles out from the coast, and imposed a blockade of food, medicine, and petroleum because HAMAS won a democratic election. Should Arab nations have the right to blockade food and medicine from going into Israel because they elected Ariel Sharon in 2001 and 2003, a man who had massacred villages in the 1950s during his stint in 101 including the Qibya massacre, a man who had indirect involvement in the Sabra and Shatila massacres? A man who brought about the policy of running bulldozers over poor peoples' houses in the West Bank because one of the family members in that house happened to be a terrorist?
It's also worth remembering that in our pro-Israel media you never hear anything coverage of Settler violence against Palestinians, which happens almost everyday. And in the 1980s, Settlers fired crude rockets in the West Bank at buildings in Arab towns, yet there was no outcry for Arab nations to use 1000 pound bombs from fighter jets on Jewish settlements in the West Bank.
So for the well-being of the people on both sides of the conflict, I urge both sides to stop.
I'll leave you, my fine readers, with this last thought: Is it not remarkable that President George W. Bush and his evil associates Dick Cheney and Donald Rumsfeld came into office in 2001 with the message that the two biggest problems in the world were Saddam Hussein and Yasser Arafat? And that if only they were both out of the picture everything would be great? Well they're both dead, Saddam for 2 years and Yasser Arafat for 4. And the Middle East has never been more instable....
Approximately 500 Palestinians and 10 Israelis have died in the recent flare up.
I do not think it's acceptable for H.A.M.A.S. to fire rockets in civilian areas. That definitely needs to stop. Whether it's the P.A. who stops it or the local population or a rival faction, the rocket attacks need to stop. Not only is it morally wrong, but also tactically ineffective.
I give the same message to Israel. While the American media focuses on the fact that Palestinians fire rockets into Israel from Gaza, as well as the fact that Israel withdrew from Gaza in August 2005 and still those irrational Jew-hating Moslems can't quench their thirst for the blood of Israelis, it's worth bearing in mind that Israel did not completely withdraw from Gaza. From the land, yes. But Israel still controls the commercial border crossing points, the air space, they don't allow fishers to go more than 2 miles out from the coast, and imposed a blockade of food, medicine, and petroleum because HAMAS won a democratic election. Should Arab nations have the right to blockade food and medicine from going into Israel because they elected Ariel Sharon in 2001 and 2003, a man who had massacred villages in the 1950s during his stint in 101 including the Qibya massacre, a man who had indirect involvement in the Sabra and Shatila massacres? A man who brought about the policy of running bulldozers over poor peoples' houses in the West Bank because one of the family members in that house happened to be a terrorist?
It's also worth remembering that in our pro-Israel media you never hear anything coverage of Settler violence against Palestinians, which happens almost everyday. And in the 1980s, Settlers fired crude rockets in the West Bank at buildings in Arab towns, yet there was no outcry for Arab nations to use 1000 pound bombs from fighter jets on Jewish settlements in the West Bank.
So for the well-being of the people on both sides of the conflict, I urge both sides to stop.
I'll leave you, my fine readers, with this last thought: Is it not remarkable that President George W. Bush and his evil associates Dick Cheney and Donald Rumsfeld came into office in 2001 with the message that the two biggest problems in the world were Saddam Hussein and Yasser Arafat? And that if only they were both out of the picture everything would be great? Well they're both dead, Saddam for 2 years and Yasser Arafat for 4. And the Middle East has never been more instable....
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