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POPSHappy New Year Everyone..... Revelers rang in the New Year across the globe with spectacular fireworks displays and massive parties in world capitals To view photo gallery link to: http://bit.ly/5l3hO7 Revelers rang in the New Year across the globe with spectacular fireworks displays and massive parties hosted by world capitals against a backdrop of tightened security. More than 200,000 people lined the banks of the River Thames in London to watch fireworks explode out of the London Eye, the giant ferris wheel across from the Houses of Parliament and Big Ben, the world's most famous clock. Up to 80,000 people also turned out in Edinburgh for the annual Hogmanay outdoor street party, some sporting furry horned tartan helmets against the bitter cold as they gathered to watch fireworks by Edinburgh Castle. Earlier, more than 120,000 Russians crowded onto Moscow's Red Square to toast 2010 as President Dmitry Medvedev thanked his nation for bearing with the economic crisis.
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POPSIt's All Obama's Fault! The New Self-Help(?) Game More examples from article below: "D. (The delivery person brought you the wrong pizza). President Obama is from Chicago, which is famous for it's deep-dish pizza. It is President Obama's fault that you got the wrong pizza, since he is destroying the morale of hard working pizza-delivery people. E. (Your girlfriend just dumped you). Before Barack Obama became engaged to Michelle, they were boyfriend and girlfriend. It is President Obama's fault that your girlfriend dumped you because she is looking for someone who is an elitist like he is." And, etc..... By str-e-e-e-e-e-e-e-tching your imagination, this little "blame-game" will work to enable you to place all responsibility for your own life (as well as everyone else's) at Obama's doorstep. Yay!
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POPSMonopoly Capitalism Is the Root of All of America's Problems The indoctrination is that we live in a market economy that determines globalization and everything else. I don’t know why this generation of Americans was more gullible. I can’t understand that. But it’s just a fact and we need to wake up. This systemic risk is a result of monopolists preaching efficiency because they want to take cash out of the system. For example, let’s say they have two machines, and sell one. They get money for the machine they sell, and then the one left over will be more expensive to use so they can charge more for its use. They pocket the money from the machine they sell and get more money off the one machine they have left. The problem, though, is they only have one machine left. If something goes wrong, we can have huge systemic failures. Treasury to dole out USD 3.8 billion more for GMAC
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POPS Big Bond Bomb Hit EuroZone Countries "Eurozone Countries Are Teetering On The Brink" "Pearl Harbor Portfolio: Day 7" S&P Downgrades Greece's Credit Rating S&P expect double-digit general government deficits as a percentage of GDP this year and next to raise Greece's government debt burden considerably to 126% of GDP in 2010 and about 138% of GDP in 2012. Greek Finance Minister Comes Out Swinging, Hints At Similarities With US Debt Situation U.S. Debt ratio to GDP is at 100% now and climbing with the possibility of Govt. controlled health care reform and the Carbon Tax Trade that will be imposed by the EPA even if there is not official agreement.
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POPSIndependent commission led by former lawmakers, economists releases plan to control federal debt 
The rest of the plan includes an enforcement mechanism to stay on track (featuring automatic triggers to raise taxes and cut spending if targets aren’t met), then actually stabilizing the debt in 2018, followed by continued debt reductions toward the nation’s 50-year average of below 40%. The nation’s public debt is now 53% of U.S. gross domestic product — up from 41% a year ago — and on track to become 85% of GDP by 2018, 100% by 2022 and 200% by 2038, under the commission’s projections. The group says before those levels are reached, the U.S. would likely face a debt-driven crisis in which interest rates spiral higher and squeeze out other priorities. “The tipping point is impossible to predict, but the United States is already hearing concerns about its fiscal management from some of its largest creditors, and the country is uncomfortably vulnerable to shifts in confidence around the world,” the report stated.
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POPS Anatomy of a Shakedown by Charles Krauthammer But such dreams never die. The raid on the Western treasuries is on again, but today with a new rationale to fit current ideological fashion. With socialism dead, the gigantic heist is now proposed as a sacred service of the newest religion: environmentalism. One of the major goals of the Copenhagen climate summit is another NIEO shakedown: the transfer of hundreds of billions from the industrial West to the Third World to save the planet by, for example, planting green industries in the tristes tropiques . Politically it's an idea of genius, engaging at once every left-wing erogenous zone: rich man's guilt, post-colonial guilt, environmental guilt. But the idea of shaking down the industrial democracies in the name of the environment thrives not just in the refined internationalist precincts of Copenhagen. It thrives on the national scale too.
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POPSThe Environmental Shakedown I love the Dr. He brings all the pieces together to show why we're where we are today. When the call began (whenever?) to "Get the US out of the UN & the UN out of the US", it should have been heeded. Corruption abounds and it's tentacles are in every continent. Wonder what the final conclusion was on the UN member who committed "suicide" by "jumping" from one it's top floors?
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POPSEl Centro Holds Position for Highest Jobless Rate To outlast the economic crisis, Duggins Construction has adapted its business from a new commercial construction focus to include remodels and renovations. But until banks loosen their grips and start lending again, Duggins said business won't return to normal. "Lenders have gone from one extreme to another. Before, you could get a loan with just a signature. Now we joke that if you want a $500,000 loan, you better have $500,000 sitting in the bank," he said. "Banks just need to go back to how they were doing business in the late 1970s and 1980s, where they are lending so that people can put that money back into the economy and get it going." Read full CNNMoney article http://bit.ly/8tf5C6 By Hibah Yousuf, CNNMoney.com staff reporter
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POPS How Many Lies Is Enough? “I intend to take serious steps to reduce America’s long-term deficit because debt-driven growth cannot fuel America’s long-term prosperity.” So what happens when your debts become greater than your assets? You end up like GM and Chrysler - bankrupt. The country will be sold to the highest bidder, just as it is now being sold off to Red China. Cloward-Piven But Obama isn’t concerned with that, in fact, it’s exactly what he wants. Break the bank and redistribute the wealth to those who no longer have any income after the economy has collapsed and the country finds itself in a deep depression - taking much of the free world down with it. That is the Cloward-Piven strategy for the destruction of capitalism and the free market. In September of last year, American Thinker published my article, Barack Obama and the Strategy of Manufactured Crisis. Part of a series, (http://bit.ly/7Cn04V) it connected then-presidential candidate Barack Obama to ....
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POPSDIY DIY universe, the best free diy site on the internet
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POPSThe Scandal of Hunger in America
Tax dollars are wrongly spent on all level of government. For example, in Los Angeles, the lion share of the city budget is spent on the police department. State wide the amount of money spent on the prison system is astronomical. Instead of hiring more cops and incarcerating more people, it would be a wise and durable investment to invest in good and free public education. Federally, the waste of our tax dollars and resources is just as absurd. President Obama will try to justify his escalation of the war in Afghanistan. By sending more troops to Afghanistan, the astronomical defense budget will keep going up and is likely to reach 700 billion in 2010. 1 billion people suffer from chronic hunger. It is Thanksgiving, and while the executives of Goldman Sachs, which are getting ready to pay themselves 21 billion in bonuses, have too much to be thankful for, the 49 million Americans going hungry every day should be resentful of a system that has let them down.
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POPSThe Value of Nothing Patel argues that the larger failure beneath the food, climate and economic crises is a political one. If economics is about choices, Patel writes, it isn’t often said who gets to make them. The Value of Nothing offers a fresh and accessible way to think about economics and the choices we will all need to make in order to create a sustainable economy and society.
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POPSChina's backing on Iran followed dire predictions It means nothing...just more paper and ink. I heard John Bolton this morning say that Israel will not wait much longer; it can not afford to. If Iran goes nuclear (as it intends) then that will motivate other countries in the region to do the same. Plus Iran would willingly give their nukes to such as Hamas and Hezbollah or sail one up a European or US dock. He said what we all know: That El Baradai has provided cover for Iran for the last 12 yrs. and that we can be "Thankful" that he is gone from the IAEA in just a few days.
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POPSModern Day "Caveman" Lives Without $$ Daniel Suelo lives in a cave. Unlike the average American—wallowing in credit-card debt, clinging to a mortgage, terrified of the next downsizing at the office—he isn't worried about the economic crisis. That's because he figured out that the best way to stay solvent is to never be solvent in the first place. Nine years ago, in the autumn of 2000, Suelo decided to stop using money. He just quit it, like a bad drug habit. His dwelling, hidden high in a canyon lined with waterfalls, is an hour by foot from the desert town of Moab, Utah, where people who know him are of two minds: He's either a latter-day prophet or an irredeemable hobo. Suelo's blog, which he maintains free at the Moab Public Library, suggests that he's both. "When I lived with money, I was always lacking," he writes. "Money represents lack. Money represents things in the past (debt) and things in the future (credit), but money never represents what is present.
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