Day: July 6, 2009

2009 Anal-Ocity

There are some statements that have a ring of truth in them and then there are those statements made by nut cases that have been elected by a well informed electorate (sarcasm).  The newest anal statement comes from an Oklahoma state representative, Sally Kerns,  who has presented an ” Oklahoma Citizen’s Proclamation of Morality” which states:

we believe our economic woes are consequences of our greater national moral crisis; and WHEREAS, this nation has become a world leader in promoting abortion, pornography, same sex marriage, sex trafficking, divorce, illegitimate births, child abuse, and many other forms of debauchery;

If you think about it I guess you could make a case for the economic woes being related to religion in a way.  But her assumption is just ridiculous.  Now if she would have used words like GREED or AVARICE, or ENVY,  then I might have agreed with her, but sorry my sexual decisions have NOTHING to do with the economic crisis we are facing.

SHE IS A MORON!

Why Do States Go Bankrupt?

All states are having monetary problems these days…especially California and then the rest of the country……but why are they in such sad shape?

Revenue!  There is your answer.

The recession has taken a devastating toll on tax revenues and state finances. States had a cumulative $121 billion budget gap in crafting this year’s budgets — and the gap would be even bigger without federal stimulus money, said Todd Haggerty, a research analyst at the National Conference of State Legislatures.

States, these days, have little income.  Why?  They have given away everything to corporations on the promise of economic growth.  These promises are empty, at best.  In my state the governor has given massive tax breaks to corporations to get them to come to the state….employment has not gotten better….living standards have not gotten better…..little has improved…the only thing that these corporations have done is make the resume of politicians look a little better…the worker in the state is still the lowest paid, less benefits and so on…..

The solution to this problem is take back the revenue that the politicians are throwing away.  It is that simple.  The only answer most governors and reps have is to put more burden on the working class, the middle class….while letting others get a free ride.  Also the programs benefit the free riders and the people who are actually paying the bills get screwed.

The best argument that the politicians have is that it is economic growth in the long run that is the target, but it has been a VERY long run and still little is gotten better.

Unfortunately, the voters in these states buy into the BS.  And of course, it is the fault of those people who are helped by the system and never the worthless lame ass politicians they elect…..this is “rational ignorance”.

What Is Your Soul Worth?

Times are tough for the “little ” guy to get a loan……companies are NOT going to loan money to just anyone anymore.  But there is a new twist to the old money loaning game.

This from Reuters:

Ready to give your soul for a loan in these difficult economic times? In Latvia, where the crisis has raged more than in the rest of the European Union, you can.

Clients have to sign a contract, with the words “Agreement” in bold letters at the top. The client agrees to the collateral, “that is, my immortal soul.”

Mirosiichenko said his company would not employ debt collectors to get its money back if people refused to repay, and promised no physical violence. Signatories only have to give their first name and do not show any documents.

Latvia has been the EU nation worst hit by economic crisis.

Unemployment is soaring and banks have sharply reduced their lending, meaning that small companies offering easy loans in small amounts have become more popular.

Mirosiichenko said his company was basically trusting people to repay the small amounts they borrowed, which has so far been up to 250 lats ($500) for between 1 and 90 days at a hefty interest rate.

All I can say is please do not give these parasites any ideas….we already have the “reversed mortgage” thing…..is that not enough?  Maybe we could offer our children as collateral.  (sarcasm, in case there was nay doubt).  Or maybe churches could go into the loan shark business, they seem to have a concern for people’s souls.