-By Vince Johnson
When I was a kid, banks focused upon finding ways to get people to stash a little of their money into a savings account. The idea was basic. If you wanted something, you saved up and bought it. That sort of reality no longer exists. The banks of today want people to borrow money instead of saving it. The ability to actually make the payments is incidental. What counts is a signature on the loan documents. The loans are sold to larger financial institutions, and when they (the larger financial institutions) get in trouble, arrangements are made to have Congress bail them out. That may not be the way it ought to be, but that’s the way it is.
As you can readily see, reality is imploding right before your eyes. Ordinary folks can invest in stocks, bonds, CD’s, real estate, their own businesses, education, precious metals and real things like that. Financial institutions and insurance companies, etc. have found it much more lucrative to invest in intangibles like political influence over Congress and billions for advertising programs designed to encourage people to have cars and houses and vacations and boats and TV’s and computers etc., by using credit rather than cash.
Continue reading “What Happened to Reality?”
It’s getting close to Halloween, so I hope this story doesn’t scare you too much. But the Associated Press has discovered that this bad economy is making us ugly. That’s right, ugly. Because of this downturn people just cannot afford to go to their friendly neighborhood plastic surgeon for those nips and tucks any more. So it is the AP’s sad duty to inform us that “
This furious beating of the racism drum by the left shows how worried they are that Barack Obama might lose this election. Time Magazine’s
As Gallup polling organization says, race is a natural question to ponder with this election since Obama is the first black man to gain the nomination of a major party. But, instead of finding race to be a major factor among whites, the polling from Gallup has found that
A single report by
For the last few days various groups like MoveOn.org, and the folks at Huffington Post, DailyKos and DemocraticUnderground have been beating the drum of a new theme to attempt to undermine the McCain campaign among the media. The newest claim from the extreme left is that McCain’s focus on the Obama/Ayers connection is responsible for fostering “threats” and “violence” to be ginned up among Republicans at McCain rallies. The left is pushing the idea that McCain is inciting riots and “hate” among GOP voters and they are pushing this theme in an email campaign to the main Old Media outlets.
Once again, we see the long knives sharpened against the right by employing innuendo and outright lies. This time it is against the movie An American Carol. On Tuesday,
If Barack Obama wins this election, there will be absolutely no doubt whatsoever that one of the things that will help push him over the top is massive Democrat vote fraud. It’ll make the Democrats that stole the 1960 JFK/Nixon election for Kennedy look like Pikers. One example of this massive vote fraud is in the amazing fact that there are now more registered voters in Indianapolis than are actually eligible to vote. News at 11? How about no news at all.
Over at the L.A. Times’ The Dish Rag blog, 
Left-wing, faux documentary filmmaker Michael Moore famously announced late last year that his newest film would be a “free” download on the Internet. He claimed that his new film was a “free” gift to all his fans. Apparently, he didn’t really mean “all” his fans, though. It turns out that his lawyers have sent out a raft of letters to downloading services like PirateBay.org, TorrentFreak and BitTorrent to 