This week, Facebook went public with the third largest IPO in history. On the downside of the ledger, Moody's downgraded more than three-dozen Spanish and Italian banks, and JPMorgan's trading losses zoomed past the original $2 billion estimate. On the political front, a pro-Romney super-PAC's plan to disentomb the Reverend Wright scandal made headlines. Some might question the wisdom of those backing a candidate who is an elder in a church known for magic underwear, baptizing dead people and a belief that Jesus visited America making religion a campaign issue -- but in a world where single-mom Bristol Palin shamelessly moralizes about the value of kids "growing up in a mother/father home," all bets are off. The controversy prompted Romney to deliver the quote of the week, saying of his stance on Reverend Wright: "I'm not familiar with precisely what I said, but I stand by what I said, whatever it was." Mitt, check your Facebook timeline!
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Just like money nowadays, nobody knows where the candidates message is coming from or where it's going . Living in a world of dilution.
Super-PACS are made every day. Rich people like Joe Ricketts have so much cash they don't know what to do with it so they make up names like:
Ending Spending Fund 2010
Campaign for Primary Accountability
I would like to see a comprehensive list before this never ending election season ends.
Thank you A.H. for a well rounded round up .
I didn't do it! If I did do it I can explain. If I can't explain I'm sorry and I'll never do it again.
If anybody finds his soul I hope they send it back to him....
Connecting dots between Greece, Afghanistan, US, Iran:
April2012, nominal USGDP was $15.46Trillion.
http://en.wikipedia.org/wiki/United_States_public_debt
May20, 2012,
USNationalDebt= $15,723,800,392,387
one minute later= $15,723,803,142,752
growing $3.96Billion perday= $1.445Trillion peryear.
http://www.brillig.com/debt_clock/
Assuming 1.5% GDP annual growth,
within 5years, by 2017, USGDP would reach $16.65Trillion,
USNationalDebt would reach $22.950Trillion or higher,
Debt to GDP ratio would reach 137%.
http://www.tradingeconomics.com/united-states/gdp-growth
If US goes to war with Iran, oil price skyrockets, US economy enters prolonged recession, national debt explodes, creditworthiness plummets, interest rates skyrocket, less than 5years from now US Debt to GDP ratio would reach 146%, as intractable predicament as Greece is in today with about 150% debt to GDP ratio, highest in the world. THERE WILL BE NOBODY TO BAILOUT USA, except defacto debt default, devaluation + termination of USDollar as world reserve currency. USA would be consigned to thirdworld status determined by economics.
Terminal empires become aggressive + reckless, much as terminal alcoholics drug addicts become suicidally reckless. When national debt becomes unpayable, national leaders turn to aggression + scapegoating. The defunct WeimarRepublic morphing into ThirdReich was prime example. Thisweek, NATO discuss exit from Afghanistan. Lastweek, USCongress set stage for war with Iran:--
http://www.huffingtonpost.com/rep-dennis-kucinich/ndaa-authorizes-war-again_b_1524474.html
Whatever the pretext + triggering event, war with Iran would precipitate end of AmericanEmpire.
I'm an agnostic, but each time someone attacks a presidential candidate just because of his religion, I will remember that imho that's simply despicable.
We should attack Romney's POLICY proposals, certainly NOT his religion.
Of course, everyone has the right to publicly disagree with one or the other aspect of a certain religion. The most easiest way to attack a monotheistic religion is to attack its belief in miracles and in the supra-natural world. But religions always refuted that kind of criticism using a perfectly rational argument: the truth about the world cannot possibly be reduced to what is visible. Science proves that point each and every day.
That's why attacking a religion because it asks people to believe in things that go against common sense ideas will never work, and always be the cheapest kind of attack.
THAT has nothing to do with Christianity.
The sorry thing is the election season is going to be long. The President and the DNC, Super PACS, what ever have to give him a couple one two punches. As wrong as it is to bring up religion, I hate to say this, but in '08 between Rev. Wright and the Muslim brother hood talk
FAIR GAME.
This is politics, not a popularity contest. I personally could care less, about someone's religion/faith/cult.
I personally can't go through another 2000 or 2004, what ever it takes.
Yes, the Italian banks and Spanish banks (and French and German banks) are insolvent and incredibly and unsustainably leveraged.
But May 2012 is not the quite end of the 155 year US second fractal nonlinear event. A final rebound will occur starting Thursday 24 May 2012.
The debt-money-asset macroeconomic system is patterned, providing the system the characteristics of a science.
Re : The nonlinear event : "For the masses this phase transition will occur both very unexpectedly and very suddenly. Approaching the global macro economy from such a causal and fractal Weltanschauung may help those considering further debt obligation and those in position of formulating future interest rate and monetary policy."
This country needs a labor based currency and a Krugman Keynesianism jobs program (yesterday).
http://www.economicfractalist.com/blog/
Another one I recorded was Golsby vs. Ryan with Chris Wallace.
The writing is on the wall, can anyone read?
I believe his religion is at the very core of who he is and why he wants to be president. A NYTimes article out yesterday confirms my suspicions.
Whether the Romney campaign chooses to go down the desperate road of resurrecting and further impugning the retired pastor and ex marine Rev Wright or not, I believe the American voter should be better informed about Romney's religion. If he has nothing to hide, Romney should welcome such scrutiny, just as Obama and Clinton faced during hours of televised religious tests during the 2008 campaign.
We're certainly better than that!
Supposedly neither Romney or the President have 'communications' with their PACS.
I really didn't know much about the religion, but spent several hours reading several different sources. It is right up there with Scientology, returning to Missouri an many other beliefs.
When the evangelicals put together the Apocolypse, the religious leader riding in on the White Horse, they are going to flip.
There are stories, (just that) when fleeing to MX they promised to come back and take over the US. There are several sites that repeat this.
I agree we should be better, just like the President was 'better' negotiating with Boehner.
Look where it got him. If he had held out for the $3 in spending cuts to $1 in revenue, this economy would be much further along.
Just sayin' it is going to get rough.
Obama 2012