Investors, who ought to be wary of such fiscal recklessness, were instead caught up in manias of their own. Remember 2009, when everyone swore we’d never let our markets get drunk on consumer debt and sketchy assets again? According to the Federal Reserve Bank of New York, household debt has passed the pre-recession record of nearly $13 trillion — and that’s before what’s shaping up to be a holiday spending binge. Meanwhile, imaginary money known as bitcoin has been selling for $12,000 per . . . per what? Per unit of imaginary money, backed solely by the full faith and credit of other bitcoin believers. bitcoin is up nearly 1,000 percent this year. It’s the Dutch tulip craze, except that in Holland investors at least ended up with some bulbs when the bubble burst. When the bottom drops out of bitcoin, today’s giddy buyers might as well have a wallet full of Monopoly money.
Not unexpectedly reports surfaced yesterday that Michael Flynn may be getting ready to cooperate with Mueller. If so Dotard likely will not be too much longer for the Oval Office. What a day of celebration when this cretin leaves the White House!!!
Sure it’s Thanksgiving and we are somewhat all obliged to count our blessings. All the usual platitudes apply. However, for my part how in the world can I be thankful when Dump is president and likely will be for some time to come. Will he eventually start the nuclear that seems to be his fondest wish? What outrages will be forthcoming for the environment, race relations, or just about anything that approaches decent thinking? So sorry folks I cannot be very thankful this year. The country is going to hell.
I'm certainly no fan of Hillary Clinton but she did get one thing correct during her ill fated campaign when she referred to Dump's supporters being a "basket of deplorables". Yesterday in Virginia we witnessed those deplorables out in full force. These racist and hateful slobs created chaos that led to the loss of three lives and portrayed a vision of America to the world that is fully in keeping with the rise of Dump. We can worry all we want about North Korea and the prospect of nuclear war but the more immediate danger are low lives from Ohio driving cars into crowds of people protesting neo-Nazis. Yesterday's events were disgusting but not unexpected given level of racial hate spread by Dump during the past several years. I worry more about Steve Bannon in the White House than Kim in Korea. Dump's deplorables are in control.
Speculation is active as to whether of not Dump will serve out his term. In my opinion there is NO WAY. At some point this horrible monster will have to recognize that unless he resigns he will likely end up in jail. If not jail he will see his precious "brand" destroyed forever leaving his useless witless children without any means of earning a living. Of course for many of us we hope the end is imminent and can't come soon enough. However, it may take to the end of the year. Be patient. His days are numbered
Having been personally impacted by Hurricane Sandy I remember my anger at the position of Texas Republicans in opposing federal aid for victims of the storm. Suddenly the conservative cretins in the Lone Star state are yelling and screaming for federal assistance in helping clean up the effects of Harvey. Funny how they have changed their tune concerning the role of the Feds. That horrible governor Greg Abbott was even concerning at one point having Texas split form the Union!!! Abbott is so skeptical of federal activities that he deployed the Texas State Guard in 2015 to monitor a U.S. military training exercise in the state. The move was seen as fanning conspiracy theories about the Obama Administration, including one that claimed the Federal Emergency Management Agency (FEMA) was creating political prisoner camps in Walmarts!!! But since Hurricane Harvey hit, Abbott has eagerly accepted the feds" support.
And then there is the biggest scumbag of them all – Ted Cruz, He bellowed and screamed from the floor of the Senate how Sandy relief was just a boondoggle for special interests. That claim was widely debunked but to this day he continues to make it as he lobbies for billions in Harvey relief. We all feel sorrow and empathy for the people who have been devastated by Hurricane Harvey but I have nothing but contempt for the conservative politicians in the state of Texas.
Irma is clearly a mega bitch. She managed to disrupt many lives in the Caribbean and Florida. Damage from the hurricane was minimized by storm surges that were far less than anticipated. In their haste to exploit disaster scenarios the media foretold of biblical flooding much like poor Houston who somehow got lost in the disaster du jour craze. Which brings me to the forecasters who were so off in their prognostications that it's laughable if not for the havoc created. First the East Coast then the West. Then carnage along the West Coast before mega disaster in Tampa Bay. As it turns out the worst of the storm seems to be taking place in Jacksonville which wasn't even mentioned over the weekend. My confidence in the weather services is basement level. And who can possibly not remember those relentless reporters who stood out there in 100 miles per hour winds. There was this little Hispanic girl on MSNBC that was fabulous. I'm sure SNL has a parody of her ready for the fall. So glad that my friends in Florida made it through with minimum disruptions. Also it was a time you could put on the TV without seeing much Dump. That was wonderful.
- Hillary Clinton will not go quietly. In an effort to squeeze every penny from her new book The Hillary Monster is making the talk show circuit. She is a disgusting sick woman. For those of us who truly hate her we must take delight in the fact that she is still delusional about the election loss. Goring around blaming everyone but herself. Why anyone would want to pay and buy a book written by her totally escapes me.
—Florida was never supposed to be prime real estate. Is the borrowed time running out? “Great article from Michael Grunwald in Politico Magazine: ‘A Requiem for Florida, the Paradise That Should Never Have Been.’ He cites some really interesting history, noting that descriptions in the 1830s called Florida a muggy, swampy hellhole of a place. The consensus among the soldiers was that the U.S. should just leave the area to the Indians and the mosquitoes; as one general put it, ‘could not wish them all a worse place.’ Or as one lieutenant complained: “Millions of money has been expended to gain this most barren, swampy, and good-for-nothing peninsula.” But someone saw a chance to make money, so of course money had to be made, right? It’s the American way. But now the consequences are becoming evident. Most South Floridians don’t think much about climate change, either, even though it’s creating more intense storms, even though the rising seas around Miami Beach now flood low-lying neighborhoods on sunny days during high tide. People tend not to think too much about existential threats to the places they live. They just live.”
Dotard Dump is destroying the country. I don't want to hear the pious crap of commentators that America is strong and can withstand the mentally deranged lunatic in the Oval Office. We as a country are on the precipice of a disaster. Dotard will very likely start a nuclear war that will kill millions and pollute the world for generations. Forget the NFL stuff and concentrate on the real danger. Dotard Dump has the nuclear code and in a fit of rage he will likely plunge the world into darkness. His unhinged performance on Friday night is truly symptomatic of a crazy person. He was likely set off by lack of sufficient medication and knowledge that Mueller is closing in and that his days are numbered. Still this may take too long and allow Dotard to push the button. He must be removed NOW by any means available. The lives of millions and the future of the planet are at stake. This cannot go on any longer!!!!