Key point made here maximo times
And fudged by krug

In the nationalization

Who gets wiped out

If its not inclsive of a
Goodly chunk of senoir debt as greenstain calls it

Then it means we

The weebles are preserving privately held wealth

Unwilling to face the down side of their 30 year joy ride

I agree it costs uncle nothing to bail out these bugheads
Monetized Funds are free for uncle

but in the final analysis
We Are letting the

Wally ghouls

hold on to a

Claim to

maybe

A 2 trillion share of our future

Output they

Lostfair and square in theuir own game

Let's just

Forget

All this gibber

About threats to the world's

Corporation based credit system

The war on corporate insolvency

Is even less creditable

Then the war on terror

I say

By pass the private credit system for now

Call it malign
Neglect

And stick
The greed clowns

With their worshipped

raw market verdict

Btw
Credit only needs to flow from one hand of uncle to the other

If we use fiscal policy exclusively

to pull

Us out of the job ditch

Why revive private credit

If we want more final demand
Increase employment

And thru that wage income

Its only a matter of magnitude

Posted by pinky at 04:50 PM

the here and now is
this free choice bill

its really not about

card check
vs elections

its about
fast vs slow

that's the real deal here

speed of action

best orgs are blitz krieg orgs
well planned

but executed in a sudden flash

fast to the finish line

as best captured by
point three

120 days

from card check

to contract

or else binding arbitration

if a card check
led to an immediate election

that would

not seriously weaken the bill

and yet preserve the

sacred secret ballot

okay boss straw
ya go ahead

plan for an nlrb secret ballot

but

the 120 days till arb proviso

still ticks from right now today

as you see we got enough cards

so immediate here
means

like 2 weeks baby
and

without recourse

to injunctive relief or any other foot drag

as to the fire penalties

firing is a very rare tactic
now in the service sector

service sector jobs
have wild

natural turnover

if you try to org

the staff majority
u won over

will be gone b4 contract time

if not b4 election day

its all about speed

Posted by pinky at 03:54 PM

folks i hate usury so i hate consumer loans good times or bad
the vig is a plain gouge not a silent partner piece of the action

in fact we oughta ban death on the installment plan … like betting on sports contests

or reading grocery line tabloids or playing the slots at trump or ….eating weedy salads



not gonna happen though is it …but at least uncle don't need to subsidize this shylockin' eh ???



—-okay so i'd make an exception when it comes to house lot loans  but more on that another time—-



all the ballooning of consumer loans credit cards installment plans stretch pays rent to owns

pay day loans etc etc etc etc

all just  a nasty bottom dollar sucking substitute for faster earned income growth

for the bottom 80 % of us weeblery

ie

we've had 30 years of stagnant wages which has led to 30 years of borrowed pleasures and that led to …now



yes i hate household loans …but small business loans like for low tech start ups 

loans to make me my own boss  well that's the two horned long tailed dream

of every red blooded pleb bounder in america



so as a twenty year day in and day out proponent of more damn nepmen everywhere

i say we got ourselves here a problem worth uncle solving …

the private banksters aren't loaning to small biz of any sort anymore

no more in fact then they are to us pronate consumers



answer ???



why call in … who else … uncle's SBA . the small bizz admin … fire up

a trillion dollar loan fund for us little guys with small ideas

—-about one fifth the value of all our outstanding home loans

and far less then the wall street manta rays lost buildin' their latest set of paper towers —-

i say lets start funding pipe dreams

then we can truely claim any no body or at least a whole passel of no bodies 

can mmake themselves into ..well if not somebody at least

their own no body



only here in america



2 trillion in 50 k blocks made availible for folks wanting to invent their own personal pedestrian road to higher prosperity



hell that'd create a start up frenzy bigger and more furious then anything in our history

like a thousand oklahoma land rushes all at once yahooooo baby cakes



imagine the  homely polyphony of it all …in a word whitmanesque



cheap generous credit ready for the taking

all u gotta do is draw up a plan

on how u 're fixin to start the business of your daydreams

and uncle loose pockets will send ya the juice



to hell with the old fart by fart way of trickle down venturing

fuck that's oliver twist shit

“pardon me sir could i have a …”



let uncle be for all of us  one big ass angel bountiful



it'd be like a works project administration but without the projects

and only the slightest of administrations

and hell maybe with practically no work to it either

just ingenuity guile and and and gumption



pass em out like  pell grants only they'd be loans of course not grants

all with a personal iou



hey …we could call em pell mell loans

 oh would pere proudhon be delighted eh ???

Posted by pinky at 03:48 PM

start

“In order to understand the law of nature in regard to intellectual property, it is necessary to understand the principles of that law in regard to property in general. We shall then see that the right of property in ideas, is at least as strong as - and in many cases identical with - the right of property in material things. . ………..”

finish

“As a matter of public policy, the expediency of allowing a man a perpetual property in his ideas,

is as clear as is that of allowing him a perpetual property in material things”

http://www.blackmarketgold.com/pix/lysander_spooner.jpg

provoked by a twisted piece of deviltry by SMBIVA 's own al shurman

recently i chanced apon this patch of whittled wisedom

by the sismondi of  the hay fields sandy spooner 

its on the subject of our universal  right to  the fruits of our own intellectual products

i strongly recommend it to any of you who haven't read it

like most left libertarian logic rides it has its  fun moments

not quite like crossing a raging river on ice cakes but turveyish and strangely cornered

then again in its bottom line utter wrong headedness

its a caution to all of us hedge hogs ultimately

a warning against the seductions of socially isolated free thinking

  no matter how fearless decent and bold

Posted by pinky at 09:17 PM

a recent gheist channel led to this message from
my guardian gremlin hunter t :





“some of you life members of the i hate amerika first league

oughta sit up a moment and take notice

your prefered exploiters over their around eurodisney

are  calling for the wagery to eat from the cat box these days too

and i say for all their class conciousness and red ribbons
they'll eat at least as much kiity litter as we will ..so fuck em

and fuck their better cheese too …

when the local hegemons over their

start passing out the pink slips and report to the rear notices

watch what happens ..i bet them old world wage slaves

over there won't get one fingers length ahead of us dough faced yanks

fuck it i bet we show em tail pipe baby



okay u multi lingual….bi sexual… french ass kissin …uncle is the earths frankenstein types

lets see who sinks faster and further here okay

and lets see who fights back harder and stronger

swedes and lombards or us good ole boys playin fer team dixie “



ahh hunter my virgil

still the rabid loyalist home teamer eh ??



so much for the rant of a dipso gun lusting sports fan



as guide to a class struggle world view

his worth ???



call me in a year or three

Posted by pinky at 08:44 PM

” strip the senior bond holders and hang em by their … toes ”

its a great irony this notion of nationalization of the banks

at least the version guys like greenstain call for

they not only want a quick as possible return to private hands

but they'd only euthanize the ass hole liilputian common stock holders

like a chorus of russian baritones they all bellow

“save the bond holder class “

as far as they're concerned uncle sugar can go ahead

and nationalize the big banks so long as he don't

touch a hair on the hairy ass of any senior debt

” preserve it cherish it reward it

at all costs make senior debt feel welcomed “

they cry and hey don't u get why ???..
aren't they the very spine of the global economy ???

i say ….horse feathers !!!!!

here's the real skinny mates here's owen's plan:

recall the two bank option

we take banks in trouble and turn em into

a pair of good and bad daughter banks

—-very madame moaish that … very red guard …recall the slogan

“one becomes two ”——

well i agree
yes lets do that

lets split the bastards in two

but here's how ..

if you peer into em u'll find
all these toxic banks have basically

two types of liability

on their balance sheet …two sets of obligations

one is to the afore mentioned bond holders
of various ilks and seasons

and the other to … us ..err that is

us as the ass hole innocent depositors of america

this centaur of finance comes from the merger of the commercial and investment banks way way back in the clinton restoration

—-” two becomes one ” very reactionary idea that —-

well now since the patent folly of it all is paramount in the people's mind

let's reverse that squalid incestuous butt fuck of a marriage

lets take each toxic critter and hack out a good bank

using the critter's deposits as sole liability.. sole obligation

and couple those deposits with an equal portion of assets

 ie the soundest part of the bank's loan portfolio 

and then have uncle sap insure the deposits… uuups that's already more or less done eh —

oh ya once that new good bank is up and running

uncle slambo

  the hammer of rentiers

well he oughta just flat out
100% nationalize each one

one by one …

stack em in groups and let em compete with each other ….

like the gse's fanny and freddie almost do

now for the bad bank part 
—-i bet this part you're gonna really like —-

throw all the bond holders and stock holders
and every one else left over holders

with claims to wealth thru theft

into one folder

and stick em with the rest of the portfolio

ie the nub ends of the sound loans
and all the stinking pile of wall street piffle shit 

 and then shoot the whole fuckin misbegotten freak show

back out onto the deep rolling seas

and wide open ways of our planet's markets for ” privately held “ paper figments 

Posted by pinky at 08:12 PM