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AmortiNation


By missy Beattie - Posted on 28 February 2011

Years ago, I was on my gynecologist’s examining table, feet in stirrups, in need of the morning-after pill. He handed me a brochure—info about the med—and said, “Read this, if you can think in this position.”

“If I could think in this position, I wouldn’t be in this position now,” I told him.

The above was to get your attention. The following is the main work:

I do my best and worst thinking when I exercise. Usually, I stay focused, repeating, “focus, focus,” but occasionally this becomes, “we’re eff’d.” Then, I’m not just detouring down side roads; I’m off-road with thoughts that require serious mind tread.

Of course, I’ve been consciousness streaming about revolution, protests, brutal dictators, and Wisconsin, lately. And while I applaud the occupation of the Madison statehouse, I wonder if people have to be PERSONALLY wallet affected to have their asses blown out of their recliners. What is it about the occupation of countries that is acceptable?

With that noted, I need to explain that I’m trying to become educated about the state of our finances, visiting a few websites for info. Some of the stuff is beyond my math-challenged grasp, but it appears the economy is Thelma and Louise-ing.
Despite my math deficits, I can help. I once told you that I have experience with yard sales. And I’ve run a household successfully. First the yard sales: Rule number one is that you never price anything above its original cost or its sale price at Malwart. Rule two is that you negotiate.

This concept of pricing has started spinning my mind to those subprime mortgages that became toxic and were packaged into mortgage-backed securities that led to foreclosures and bankster bailouts, quantitative easing that’s nationalized bank debt while privatizing profits for Wall Street. Remember the Johnson Administration’s war ON poverty. Thanks to the banksters, we have a war OF poverty. One out of eight Americans is on food stamps. Fifty million are living in poverty (think of the children). More than four million Americans have been unemployed for over a year. And about five million homeowners are at least two months behind on their mortgages. Meanwhile the tippy tops live LARGE and are hugely dispassionate about the have-nots. There’s a party going on for the super wealthy whose goody bags are filled with tax breaks that break the backs of the worker class.

Ooof, I’m returning to that “we’re eff’d” thinking.

But not for long. Because I’ve got ability. I’ve already given you one example. Now, about running a household: The most important rule here is that you don’t spend more than you make. But this is where it gets really tricky, because when so many people were completing those home-loan applications, there may have been adequate income, even two incomes. Then, soon after closing, there may have been one. And then at some point, there may not have been any income, at all. Especially since all that bailout money was FOR the banksters who went swimming in it, giving themselves huge bonuses for so creatively effin’ over the rest of us.

I’ve always been a reluctant gambler. Even at the Kentucky Derby, I only bet a couple of dollars. And I have an aversion to owing money. When we purchased a house, I hated looking at that sheet (there’s a name for it, amorti-something) that tells you what you will have paid (YIKES) when the deed is finally free and clear. Same with vehicles. And you’re still paying for that piece-of-shit car long after it’s no longer roadworthy. Okay, that was partially my fault. Although I’m sure someone in the service department didn’t replace the oil when I took it for an oil change. It was the first NEW car we’d ever bought and it wasn’t even a year old. So, I was driving it with child in car seat, at night, when the oil light exploded yellowish red. I kept driving. Safety of my son came first. And I was only about five miles from our driveway. After that, we had to add a quart of oil every one hundred miles. We bought it by the case. My husband wasn’t even angry.

Back to the economy: We owe trillions. And we’ve borrowed from China to pay for war/occupations. If I were in charge (why not?), I’d bring the troops home. First, the psychically damaged who’ve redeployed because they’re called pussies if they admit they’re damaged by what they’ve seen and done and those who’ve returned to service after a little antibiotic cream and sterile pad cover the side of their head where the brain injury occurred. One day later, the rest would be on planes. Haven’t they killed enough civilians for a lie?

Then, I’d cut aid for Zionism.

Next, I’d demand a criminal investigation of September 11, the events that brought us the “Post-9/11 World” of war terrorism and the Patriot Act. Simultaneously, I’d pretty much gut the Pentagon.

With these accomplished, I’d appoint my best friend Joan to audit the Fed. She kept her father’s company books and has a schnoz to sniff out sneakiness. Somebody needs to trace all that money that’s been flowing into the financial markets to inflate a phony bubble. She may report that “a Tobin tax is in order.”

Meanwhile, I’d exile G. Bush, Cheney, Rumsfeld, Wolfowitz, Rice, Obama, Biden, Geithner, and Bernanke, along with the Ponzi-scheme banksters and anybody else I decide to include. They’d board Air Force One and the number of planes needed while we finished steam cleaning the mess and redecorating. War lover Hillary Clinton, too. She’s really been pissing me off lately with all that freedom of speech bullshit. When Ray McGovern exercised his rights in her presence, he was bloodied and bruised.

“You’re going to Paradise Island,” I’d tell them as I placed a hand, with fingers crossed, behind my back—and considered other locations.

Can I vote for you for president or grand Poo-bah of the world? I am so tired of the criminals running this place.

P.S. Oops, I need to watch my r's and s's.

I'd vote for you and your friend with a great schnoz for sniffing out financial fraud, et cetera, and surely many other people also would vote for you. But I guess you're not planning on running for political office.

Meanwhile, I’d exile G. Bush, Cheney, Rumsfeld, Wolfowitz, Rice, Obama, Biden, Geithner, and Bernanke, along with the Ponzi-scheme banksters and anybody else I decide to include. They’d board Air Force One and the number of planes needed while we finished steam cleaning the mess and redecorating. War lover Hillary Clinton, too. She’s really been pissing me off lately with all that freedom of speech bullshit. When Ray McGovern exercised his rights in her presence, he was bloodied and bruised.

“You’re going to Paradise Island,” I’d tell them as I placed a hand, with fingers crossed, behind my back—and considered other locations.

Guantanamo Bay prison, perhaps. The problem with that location for destination is that it's on Cuban soil and Cuba wants to be rid of US presence there. It's never good policy to rudely impose ourselves on neighbors.

And here's some worrying news or information. I'll have also posted this for an article of yesterday here and while doing this is generally not considered a good practice in many Web sites, the subject of the following piece appears to be very information that everyone definitely needs to know about very soon. If the government in DC is shut down, then the presently bad or very bad situation is going to surely get much worse.

"A Government Shut-down Imperils the Power of Congress"
by Paul Craig Roberts, Feb. 28, 2011

www.foreignpolicyjournal.com/2011/02/28/a-government-shut-down-imperils-...

I'll quote the whole piece, since it's short.

Congress should think twice before forcing a government shutdown as the consequences could be the loss of the power of Congress to control spending through authorization and appropriation bills.

Congress permitted President George W. Bush to accumulate new powers in the executive, and these powers have passed to Obama. Bush succeeded in establishing that as a wartime commander-in-chief he had the “inherent power” to disobey the laws against torture, spying on Americans without obtaining warrants, and indefinite detention. In addition, Bush used signing statements in ways inconsistent with his oath and obligation to uphold the laws of the United States, and he took the U.S. to war based on lies, deception, and fabricated “evidence,” an offense that qualifies as treason.

With these precedents, it is a simple matter for President Obama to declare that, with the U.S. at war in a world of growing instability, he has the inherent power to ignore the debt limit and to continue financing the government with the creation of new money by the Federal Reserve.

Congress could try to protect its loss of the power of the purse by impeaching Obama. But how credible would it be to impeach a wartime president who is using the same “inherent power” of his office that Congress permitted the previous president to use?

The powers that Bush asserted not only violated statutory law, but also set aside constitutionally guaranteed rights that are the essence of American liberty. Yet, Congress made no attempt to restrain him with impeachment. How then does Congress impeach a president who is merely using his power to keep a government at war operating?

As President Bush’s acts were not deemed impeachable offenses, it seems likely that Congress has lost its power to impeach through default.

Dr. Roberts was Assistant Secretary of the US Treasury, associate editor of the Wall Street Journal, a member of the congressional staff, and held academic appointments at Stanford University, Georgetown University, VirginiaTech, Tulane University, George Mason University, and the University of New Mexico. ...

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