Time Magazine – Man of The Year

Saturday, December 27th, 2008

This is one piece of news  that caught may attention because it said so much that hasn’t been said. Time Magazine names Obama “Man of The Year”. Considering that Obama will not be sworn in until 2009 it is hard to understand what it is that he has done to qualify for “Man of The Year” other than win an election.

In light of the facts I wondered if it was a propaganda “play” to give the poor American “sucker” hope in a dismal situation or they (Time) really believed he was the best choice, in spite of the fact he had done nothing, but “talk” a great leader.

When I read the The Runners Up for MOTY it gave me a better clue as to what was going on. Henry Paulson, Tresurery Secretary and the man most responsible for letting the crooks bankrupt the country was Time’s SECOND CHOICE. I couldn’t believe that they could actually be so blind and deceived as to think they could make black white. Paulson, should be indicted for treason, stupidity,and or corruption.

It says more about Time than anything else. They are pumping out the propaganda to calm the naive masses while they and their friends suck the last dime out of the people’s pockets. They won’t get far with it, though.

Somebody said, “you get the government you deserve”. The Americans are among the most materialistic people on the planet. They invented and refined consumerism and have exported this cancerous greed around the world. Now they have proven it is a dead end street and they will suffer for their folly. The problems they have started are only beginning. Their solutions are not solutions they only delay the impact. But it is coming….too bad they are going to take so many innocent by-standers with them.

The Price of Oil

Saturday, December 27th, 2008

I haven’t been writing about the economic crisis because everything I had been predicting was being written in the front page news. I would like to comment on the price of oil. Is it low or is actually very close to the real “Free Market” price. The previous outrageous prices were the result of speculators manipulating the price via leveraged trading which allowed them to controll the market. When you leverage something you run the risk of the leverage turning against you which it did. It is the bankers, hedge fund traders and brokerage firms who have driven the price of commodities up and as they leave the market the price falls to the real value. I remind you that Bush blamed the Saudi’s for the price of oil, rather than the unregulated commodities market that Paulson and Greenspan were responsible to manage. They never throught the party would end and that they would be caught in their lies – but the truth has a way of coming to the surface. These guys are corrupt or very stupid. Personally, I think they are both.