New Column by Ann Coulter proves she is a Libertarian
Posted On: Wednesday - January 25th 2017 6:21PM MST
In Topics: Pundits Liberty/Libertarianism
This column by Miss Coulter is about Obamacare, as plans for getting rid of this monstrosity are in the works right now.
Read the whole thing, or at least this excerpt and tell me that she is not a hard-core Libertarian at heart. This is not to confuse her with the idiots at Reason magazine or Gary Johnson of New Mexico who claim to be libertarians - the Reason people are what's called "libertines" and don't want to ever run into the real responsibilities of liberty and Gary Johnson is just a flat-out bloomin-idiot.
Republicans all say they want to save the so-called “good parts” of Obamacare. Because who knows better what the American consumer wants than a member of Congress!
I keep imagining Congress designing a “comprehensive hotel reform bill,” promising to save the popular parts: “BUT PEOPLE LIKE HAVING TV’S IN THEIR HOTEL ROOMS!” How could we ever get TVs in hotel rooms without Congress writing a law?
It turns out, people running a business have an uncanny ability to figure out what’s popular with their customers.
Any “popular” features of Obamacare obviously, manifestly, inevitably will be preserved by the free market. If parents like keeping their useless millennial kids on their plans, guess what? Any insurance company forced to compete with other insurance companies WILL OFFER THAT.
As for covering people with “pre-existing conditions”–there are pre-existing conditions and pre-existing conditions. Does this mean the unfortunate few with some exorbitantly expensive medical problem? Or does it mean people who have a “pre-existing condition” because they waited to be diagnosed with cancer before buying insurance?
The first category of people was dealt a bad hand. Eventually, they will be taken care of by the market when excess coverage policies are common and reinsurance companies pop up to cover the primary insurance companies.
Until then, a separate program can pay for the unlucky. That’s not a reason to wreck the health insurance market for everyone else. There aren’t 22 million people with horrifyingly expensive medical conditions. They’re being used as the baby seals to sell subsidized health care for the irresponsible.
Miss Coulter has done her best to educate the public our immigration problems, and her book, Adios America may be what gave Donald Trump an education and the kick-start to his nomination.
Ann Coulter is such a smart woman - she has the PeakStupidity nomination for Pundit of the Century!
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Primer on the state of Global Financial Stupidity (Part 3)
Posted On: Wednesday - January 25th 2017 8:53AM MST
In Topics: Global Financial Stupidity
(Continued from here.)
Let's keep this fairly serious compared to the last post, Part 2, on the topic of Global Financial Stupidity so's it doesn't become a mini-series. As the reader left off, the point was that US Gov't debt (also others but we're fixating on this specific debt right now) is fungible.
To default on only one part of a series of "debt instruments", as a finance guy might call it, does not work out well. How could other debt-holders be sure their holdings of debt instruments, IOU's whatever - which are assets to them - feel secure with what they are supposedly owed. They would feel the need to get out of these assets quickly, even if they took a big loss, meaning the price of all of these paper instruments would take a nose dive. That would mean that it'd be very difficult for the Treasury, Fed Reserve, or whoever is actually making up the pieces of IOU paper so that they can create digits in the accounts of the big banks, to issue more of it.
Secondly, how would you go about defaulting on only a portion? It'd be much like coming out with a regulation that banks not accept any 20's, 50's and 100's with serial numbers that have 4's in them. Wait, make that 8's - seeing as how the Chinese think 8 is a lucky number, maybe they like to keep the ones with the 8's, and we can just say, "hey, they're no good - maybe 8 is not such a happy-lucky number after all, but we'll honor your 4's any day of the week - except the unlucky days, haha" It'd be the same with Treasury Bonds - they've been traded all around, but even if a certain series were not to be honored - well, see the paragraph above this.
Getting back to the $200,000 (or in the rough neighborhood thereof) owed on average by each actually-tax-paying family, again, the money can not be payed back via tax increases without bankrupting most of those families or having them start shooting (probably more likely and appropriate option). Oh, wait, we can cut the Feral Gov't down to 10% of it's size, you say. Hey, don't get me wrong here, that's a Libertarian's and PeakStupidity blogger's wet dream - or dry, whatever! It's just that financial pain will happen to lots of people this way too, although SOME of them may be more deserving of it. Keep in mind that most of the Feral Gov't budget goes toward "transfer payments" meaning that money goes right back out in SS checks, medicare, pensions, grants of various forms back to states (the last being a very bad thing anyway). This means that with large budget cuts, which PeakStupidity would be joyful over, many people would lose a bunch of income and/or their jobs. We welcome more the cuts of jobs that are if not just a complete waste of money but are positions that harass and hurt the working people in lots of ways. Still, the transfer payments are money that is expected by people, and those will be in financial pain, whether deserved or not.
Part 4 coming later today. Have a good morning.
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Good outlaw country
Posted On: Tuesday - January 24th 2017 6:09PM MST
In Topics: Music
Waylon Jennings - "Are you sure Hank done it this way?"
If you don't know who Hank is, then go listen to this crap, and stay away from PeakStupidity, afore we sic the idogs on your sorry ass.
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Primer on the state of Global Financial Stupidity (Part 2)
Posted On: Tuesday - January 24th 2017 5:56PM MST
In Topics: Global Financial Stupidity China
(Continued from here.)
What does that $200,000 number, owed per taxpaying household to cover just the US Gov't current debt, mean? Imagine it were household finances. That would be the amount to square the family finances back to zero and be on a new footing. Let's be reasonable and assume that if the money could be seriously planned to be paid over a 10 year period, then that would assuage the worries of those that the money is owed to - people/organizations who "own" some of the debt, meaaning have money in Treasury bonds. That's reasonable, I think. Even allowing for 1-5% of households that could actually pay $20,000 EXTRA in taxes each year for 10 years what about the rest of the 95,000,000 households. There's no possible way! It's! inconceivable!, and yes, that word DOES mean what I think it means, bitchez!
My first thoughts on this 10 or more years back were probably somewhat like many others, especially when told we owe a lot of this money to the Chinese, as we pay in dollars for all of the consumer (and lots of industrial) goods from China. Hey, I figure the Speaker of the House - after all Congress controls this money of ours or lack thereof - could just tell Chairman Wen*:
American attache: "Listen, we don't have the money, sorry".
Chinese Cadre: "But, I can't tell my boss that!"
Chinese Cadre: "He's gonna kill me! Chairman Wen is gonna shit!"
American attache: "Well, what's it gonna be, dude, is the Chairman gonna shit or is he gonna kill you?"
Chinese Cadre: "First he's gonna shit, then he's gonna kill me!"
Wait, wrong movie.....
American attache (putting his arm around Chairman Wen to console him): "Cmon, Wen, you can't spend your whole life worrying about your mistakes - you fucked up, you trusted us."
Or, I might would have mentioned that all of the people in Peking and most of China would be speaking Japanese right now, if it hadn't been for the American military, especially the AVG Flying Tigers, and General Stillwell in Burma - so "hey, call it even. Now you know better than to lend any money to the US Feral Gov't. OK, which way back to the airport?"
OK, the China silliness being over now, the problem is, of course, that this debt to China and people and organizations the world over is not in the form of a few notarized notes like a mortgage, that can be ripped up, or shredded by the cat. The Treasury bonds are fungible and have been traded all over, just like, say 100 dollar bills.
This is where we will continue in the morning, with how all the debt is interrelated and why it is not a solvable problem without a lot of financial pain.
* Or bring a current-day team of Abbott and Costello along to Peking, yeah, just might work:
"When will get the money?"
"No, no money for Wen."
"Who will get the money?"
"No, Who's on foist!"
(OK, this routine is still being fine-tuned - lighten up!)
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How many divisions does this guy have, again?
Posted On: Tuesday - January 24th 2017 9:04AM MST
In Topics: Commies
Pope Francis warns "against populism and 'saviours' like Hitler". (That link is to Yahoo, but here is Amren's take and comments.)
Yes, and the Nazis made sure to take the guns away from the people they didn't like first, as I recall. Now, Mr. Trump is not the guy that's for registering the guns is he? (he WAS a NY'er, but as PeakStupidity has stated, the guy is a quick study and has good judgement.) I believe that was the other major candidate, ya member, some cranky, batty ol harpy who was cheated on by one of the presidents, I recall.
"Germany... was looking for a leader, someone who would give her back her identity and there was a little man named Adolf Hitler who said 'I can do it'."
"Hitler did not steal power," the pope said. "He was elected by his people and then he destroyed his people."
The Germans at that time also wanted to protect themselves with "walls and barbed wire so that others cannot take away their identity," he said.
As does a certain pontiff from Latin America, who let one Moslem family in while urging the Western world to take in multiple millions. How's that family doin, Pope, keepin an eye on em?
"The case of Germany is classic," he said, adding that Hitler gave them a "deformed identity and we know what it produced."
There can be good nationalism and bad nationalism - maybe people can be nationalist but just not give their leaders much power. Now that's an idea we can all rally behind, c'mon guys, George, Tommy J., Ben, Patrick, Sam Adams, Mr. Madison, all y'all .... oh wait, you did it, we just let you down so much 200 years later. Our bad.
Pope Francis however underscored that it was too early to pass judgement on Trump.
"Let's see. Let's see what he does and then we will evaluate," he said.
You're gonna evaluate, Pope? What if we disrupters help our lead disrupter Mr. Trump to put America first, control our borders, rebuild American industrial might, and cut our Feral government down to size? What do you think you're gonna do about it? How many divisions have YOU got, Pope Francis?
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Primer on the state of Global Financial Stupidity (Part 1)
Posted On: Tuesday - January 24th 2017 8:06AM MST
In Topics: Global Financial Stupidity
With the exception of this post a few days back about student loans, PeakStupidity has not yet seriously broached the topic of Global Financial Stupidity - the problems with the present day economic system, fiat money, global debt, etc. There's no time like this morning.
In the last 2 paragraphs of our "about" page on the top left, called What is Peek Stoopiditee? we introduce our theory that the reason the stupidity of the world will peak out and plummet fairly soon is not due to an internal property of the stupidity itself, but due to another feature of the present day, the inevitability of a major financial crash.
As written before on this site, PeakStupidity will not attempt to be a 2nd Zerohedge. However, I read it and link to it very often, and so the ideas on this topic will be more of a conglomeration or summary of 5 years of that website and the commenters thereon. The financial posts on zerohedge (used to be ~ 3/4 of the posts, now more like ~1/3) use much terminology that would be better known by people in the finance industry. That makes me think that the "Tylers" either work or formerly worked in the finance industry that they so denigrate, and it seems like some of the longer-term and previous commenters also were in that business.
OK, enough intro, here's the deal: The American people, westerners and peoples of the developed world in general, and the governments that
Let's just fixate for a little bit here on the US, and in particular, just US Feral Government debt. Most of us have heard the numbers over the years (yes, we know, just big numbers, it hasn't come to a head before, so what's to worry about). Currently, US gov't debt owed to holders of Treasury Bonds and Bills equals a nice round number - $20,000,000,000,000 and some pocket change (we've all got some old couches around, so don't worry about the change ;-} That number in words is 20 Trillion dollars, but I believe looking at the number of digits is important. Truly, it's hard to make sense of this figure in terms of importance unless we do some easy arithmetic.
Let's figure out of 330,000,000 (Three hundred and thirty million) Americans, you may come up with 150,000,000 "households", to be generous (yes, that's only just over 2 per, but there are lots of single people) that file taxes. However, to put it in terms of households with decent enough incomes to actually PAY money, meaning refund is less than withholding or variations thereof, versus those who get money out of the actual taxpayers pockets, we may have 100,000,000 cases. We are being generous here too. It may be less than 100 million, but, again, we like round numbers. Divide the money owed (20 trillion) by the number households that pay anything (100 million), we get $200,000 dollars owed per household that currently pays SOMETHING.
(Please don't get picky with our numbers here, cause this is just a 1/2 order-of-magnitude estimation here, OK?)
In order to keep our posts of reasonable length, we will continue this later today, promise. Just keep that $200,000 figure in your head for now, and think about what that represents.
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Some magical music
Posted On: Monday - January 23rd 2017 6:59PM MST
In Topics: Music
This song was the first this writer had ever heard from Enya, formerly of the Irish band Clannad. I had just bought a color TV and hooked it up to Cable and this video came across on some channel or other (not MTV, as it had already sucked for a few years by the time of Enya). She put out many great albums over the years, many songs of which are sung in Gaelic, which is confusing as all get-out.
Anyway, the sound seemed just magical to me and got me into my New Age Phase. I hope you enjoy it.
Enya - Orinoco Flow:
Too pooped to post tonight - much to say during the rest of the week.
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Peggy Noonan reckons we should give up....
Posted On: Monday - January 23rd 2017 8:37AM MST
In Topics: Elections '16 - '24 Trump Pundits
... because, regarding Trump: "He really has no one but those who voted for him.".
Via this zerohedge article, we hear again from Peggy Noonan, an opinion writer for the Wall Street Journal.
Normally a new president has someone backing him up, someone publicly behind him.
Mr. Obama had the mainstream media - the big broadcast networks, big newspapers, activists and intellectuals, pundits and columnists of the left—the whole shebang. He had a unified, passionate party.
Mr. Trump in comparison has almost nothing. The mainstream legacy media oppose him, even hate him, and will not let up. The columnists, thinkers and magazines of the right were mostly NeverTrump; some came reluctantly to support him. His party is split or splitting. The new president has gradations of sympathy, respect or support from exactly one cable news channel, and some websites.
He really has no one but those who voted for him.
Do they understand what a lift daily governance is going to be, and how long the odds are, with so much arrayed against him, and them?
-Peggy Noonan, WSJ
First off, I used to read this lady's opinions in the Wall Street Journal back in the late 1990's and for a few years into 00's. She was Ronald Reagan's speechwriter during at least part of his 8 years as US President. After having read Mr. Reagan's writings in a book excerpting some of his radio talks from days of yore, I don't think he needed Peggy Noonan at all. He was a good writer in his own right.
After Miss Noonan was all enamored with Øb☭ma back during the '08 election, I got very dis-enamored with her. Again, it seems to be a woman thing to get all empathetic and compassionate without using any logic and knowing more details of anything. She knew much less about this man than even the average political pundit/writer that was trying to find out who put this man in the high position he was in, and what were their motives. Of course, Miss Noonan changed her mind over the years to fit in with the rest of us.
About her text above from the WSJ, and this part below:
The inaugural address was utterly and uncompromisingly Trumpian. The man who ran is the man who’ll reign.
It was plain, unfancy and blunt to the point of blistering. A little humility would have gone a long way, but that’s not the path he took. Nor did he attempt to reassure. It was pow, right in the face. Most important, he did not in any way align himself with the proud Democrats and Republicans arrayed around him. He looked out at the crowd and said he was allied with them.
-Peggy Noonan, WSJ
it is safe to write that Peggy Noonan is her same dull self. Does she not get the mood that the American people are in at this point?
She apparently does not understand how long the American people have had the "odds arrayed against them". Trump is just one man, and the only group on his side are the regular American people - that is true. So, we know the odds and we are not giving up, Miss Noonan. This rebellion against the establishment is just cranking up, and Mr. Trump is undoubtedly the (possibly unintended) leader of this movement at this time. We want the "pow in the face" and the "blistering attacks" from Trump and others on our side that we have been on the receiving end of for a long time. There's no more "humility" coming - been there, done that - doesn't help.
Get a clue, Noonan. It's no wonder I haven't read that Globalist Rag (WSJ) since 2002 or so.
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I've been everywhere in this here land.
Posted On: Saturday - January 21st 2017 5:59PM MST
In Topics: Music Geography Peak Stupidity Roadshow
* Watched a nice sunset with a cop outta Globe, Arizona, as his buddy searched the trunk and found a sack of white stuff - turned out to be white sand from White Sands.
* Woke up in a small Honda on a beach of Lake Superior - made it 1100 miles to Roundup, Montana by next night.
* Slept in the truck in SE Oregon - too tired to make it 200 more miles south to nearest town of Winnemucca, NV.
* Locked myself out of the car on a small 2-lane road E. of Joshua Tree, California.
* Tried to sleep in the rent-a-car as long as I could in the Green Mountains of Vermont in November - too cold to sleep - made it to an interstate highway - took exit the wrong way down in emergency gas situation - cop pulled me, and we had a great chat.
* Took a bath in the Brazos river near Waco on the way across Texas.
* Slept in the car on the 850 mile stretch across Texas (from Sabine River to El Paso) - about 2/3 way when jackrabbits would not let me pass them at 20 mph.
* Pulled into the badlands of S. Dakota for an early end to the day - dropped off hitchhiker who wanted to tell me which way to go - next morning, almost couldn't climb my way out of the badlands park by myself.
* Started off westbound on a 2-lane windy road through E. Kentucky instead of eastbound - girl rider was sleeping on top of the map - didn't want to wake her and had eventually made a 200 mile wrong turn.
Hello, I'm Johnny Cash:
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Million Skank Waddle in Washington, FS
Posted On: Saturday - January 21st 2017 10:10AM MST
In Topics: Lefty MegaStupidity Feminism
Per Zerohedge 500,000 Women Swamp Washington For Anti-Trump Protest March - Live Feed.
Per usual, in situations with no men in charge, I'm really worried that nobody has thought through the details, such as, have these women synched-up their, you know, periods of the month? No, wait, it's not like that, we were JUST SAYIN'. I can see some real trouble if there weren't plans for staggering things out a bit. Again, not trying to micro- or even tera-aggress on anyone in particular, JUST SAYIN', this could be a
From the Zerohedge article:
. Jesse Carlock, 68, a psychologist from Dayton, Ohio was attending her first protest in decades. "Once Mr. Trump was elected, I decided I needed to get active again, and I hadn't been since the 60s and 70s," Carlock said. "I've got to stand up and be counted as against a lot of what President Trump is saying...about healthcare, immigration, reproductive rights, you name it."
Since the 60's and 70's huh? Hahahaaa - I will say this a 2nd time - will you drag out your old worn-out chants from the '60's too, like "hey, hey, ho, ho .... blah blah blah .. has got to go"? If you can't think of any original chants, Mrs. Carlock, than go back to Dayton in time for the early bird special to gum down your creamed corn!
If any wife of mine went to the FS for this, she would find the locks changed on the house when she came back.
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UPDATE - 30 min later: Unbolded my main point. It just sounds like a low blow, so rather than apologize (and I don't delete posts), I just un-bolded it. I've got a chip on my shoulder about feminism - for a good reason.
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UPDATE - 01/24/17: Updated article title
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Inauguration of Donald Trump - a Righteous Dude!
Posted On: Friday - January 20th 2017 8:57AM MST
In Topics: Commies Elections '16 - '24 Trump
PeakStupidity has had a lot of good things to say about our new president lately. However, we don't think he is the Second Coming, we think he tweets and shoots his mouth off too much, he takes things too personally sometimes, and we liked Ronald Reagan more. The guy, though, seems to have a good head on his shoulders, as he picks the right guys for advice, and his political instincts to try to do what's right for Americans, not America Inc, subsidiary of Soros, IMF, World Bank, conglomerates, are very good. Each time he learns about a political issue, he seems to seek the truth.
Now, in another post we will emphasize that this guy alone, no matter how good his intentions and plans are, CANNOT do it by himself. Just your votes and campaign support are NOT ENOUGH, PEOPLE. He has most of the world arrayed against him, and so do we.
However, for right now, inauguration day, as Bikers, Potheads, Snowflakes, & Women - Washington Braces For Protests, Patriots, & Physical Conflict, we, the geeks, motorheads, sluts, sportos, wastoids .... we think he's a righteous dude!
allowFullScreen>
[He's very popular, Ed(itor)]
OK, from the President-Elect to the President-Eject, all we can say about that Affirmative-Action-hire, never-worked-a-day-in-his-life, effeminate, lazy, racist POS is that things would probably not have been run any better if Juan McCain or Romney had been elected in most areas. Due to the fact that most Americans still go for the Red Team vs. Blue Team theme, not realizing that they are just two squads of the same team, we'd have not gotten a better man because "I won't vote for this Constitutionalist because HE CAN'T WIN." No he can't, because of too many people like you.
The only thing that Øb☭ma dis-complished that may not have happened without him was to make race relations in this country worse than ever before. Let's hope he just gets back to "organizing communities". Let him organize some little disaffected groups of misfits, such as possibly the Chicago People's Front, or the People's Front of Chicago. BTW, whatever happened to the Popular Front?
Øb☭ma is the guy on the right during the last 3 seconds of this video.
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There are many false peaks on the way to Peak Stupidity, glasshoppa.
Posted On: Friday - January 20th 2017 7:19AM MST
In Topics: General Stupidity
Now, take the
First, free your mind, now listen the f__k up to my story: many years ago I was climbing up a "mountain" in Ireland, really just about a 1500 ft. hill, near the west coast of that beautiful land. This hill did not have any rock at the surface, so, after I got across a bunch of barb-wire fences and stone walls, it was just soggy peat covered with wet grass. (That country never dries out, apparently, in every sense of the word ;-}
Just from experience, I figured I was almost to the top of the 1500' elevation gain as I saw a 20 ft. rise with nothing but sky on top, as the terrain was kind of featureless. As I ran up that rise, I expected to be at the high point where I would have a good view all around. Well, there was another rise that I couldn't have seen until I was all the way up the first one. I got up that one and the same thing happened again. I kid you not, that this happened about 8-10 more times until I did get to the top. I truly felt exactly like Sideshow Bob felt here:
What was the point of the story, young Kung Fu guy, you ask? First, sit down crosslegged in the dirt and quit figeting, dammit. The point is that there are many false peaks on the path to Peak Stupidity my son, and marijuana is just one of them. Here's the headline of this Steve Sailor post: TNR: A Weed Website Is Racist for Calling Itself "Civilized" (TNR is "The New Republic" to which I'll be dammed if I'm gonna' link.)
Is it even worth a comment? Can we get more stupid. or is there one more rise that we can't see just yet? I'll say this - these lefty SJW's or whatever a good term would be, are going around in circles here, until they will be offended by their own selves. Think about it - "civilization" is racist - yeah, so, us non-racist people, everyone but the white guys, are not civilized, so only white males cause this civilization ... wait .... whoa Nellie, peak stupidity ahead... don't know what's on the other side..... there be Dragons.
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Feeling Stronger Everyday (Chicago) - if it's not played tomorrow in Wash. F.S.*
Posted On: Thursday - January 19th 2017 6:53PM MST
In Topics: Elections '16 - '24 Music Trump
then play it at home, at volume 11, and set treble down and bass up on the equalizer.**
* Washington, Federal Shithole
** "Hey what's an equalizer?
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First post on the Financial Stupidity topic - much more to come
Posted On: Thursday - January 19th 2017 6:40PM MST
In Topics: University Global Financial Stupidity Economics
In particular, I would like to write about the University loan bubble and accompanying University Stupidity that is at a very high level right now. There will be more to come on this topic and also the general topic of Global Financial Stupidity.
Due to time constraint for today, we will start now with an article from zerohedge on some "accounting problems" with student loan default rates. This is not starting with a very good introduction, but it's just to put this out there while the article is new, and we are at the last day of the Øb☭ma administration, bureaucrats of which have been faking data like a Chinese Cadre reporting directly to Chairman Mao.
Zerohedge says US Government Caught Massively Fabricating Student Loan Default Data
An the WSJ reported overnight "many more students have defaulted on or failed to pay back their college loans than the U.S. government previously believed."
The admission came last Friday, when the Education Department released a memo saying that it had overstated student loan repayment rates at most colleges and trade schools and provided updated numbers. This also means that the number of loan defaults in various cohorts is far greater than previously revealed.
A spokeswoman for the Education Department said that the problem resulted from a "technical programming error."
And so, the infamous "glitch" strikes again.
How bad was the data fabrication? When The Wall Street Journal analyzed the new numbers, the data revealed that the Department previously had inflated the repayment rates for 99.8% of all colleges and trade schools in the country. In other words, virtually every single number was made to appear better than it actually was. And people mock China for its own "fake data."
According to an analysis of the revised data, at more than 1,000 colleges and trade schools, or about a quarter of the total, at least half the students had defaulted or failed to pay down at least $1 on their debt within seven years. This is a stunning number and suggests that the student loan crisis is far greater than anyone had anticipated previously. It also means that the US taxpayer will be on the hook for hundreds of billions in government-funded loans once attention finally turns to who is expected to foot the bill for years of flawed lending practices.
Was this the 2nd Great Leap Forward, being called GLF 2.0? It does seems like we have all leaped, but more like off the New River Gorge bridge with a china-made parachute than forward, it seems to me. Hey, could I be a zerohedge commenter - gosh darn it, I'm funny enough!
Here's a real ZH commenter - just off the first few for this article:
Krungle's picture
Krungle NoWayJose Jan 19, 2017 11:37 AM
You cannot tell a bank that they can make risky loans to teenagers with no credit history or jobs and that the government will be responsible for defaults and not expect bankers to hand them out like candy. This is yet another case where the taxpayer assumes the risk for banks and the banks only have to worry about the profit. If these loans were could all be discharged with bankruptcy, and if the government assumed no risk, you would find the student loan market immediately tighten up dramatically. And schools would adjust accordingly. If the loans came with grade requirements (something like if you start failing classes, we will stop funding you), you would find schools suddenly investing in education, not administration. As with almost everything in our society, the bad behavior starts with absolving banks of risk and guaranteeing their profits.
This is so correct that there is nothing that PeakStupidity could write for this post to explain any better (but we will later, just for the heck of it, as we thought of all this first).
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Expansion of post re zerohedge on Trump (Part 5 - New Media) TAKE-II
Posted On: Thursday - January 19th 2017 1:05PM MST
In Topics: TV, aka Gov't Media Trump
Continuing from the "non-post" from yesterday (trying not to delete post right now until DBase is set up better),
Donald Trump must have some great guys advising him, though we don't discount his own smarts either. Here is the zerohedge article entitled Trump Team Responds: May Move White House Briefings To Accommodate More Than Just "Media Elite that we were to comment about yesterday.
I have read somewhere that Mr. Trump wrote or said that he had to tweet so much to get past the "lying press", as he calls them (we have other terms here at PeakStupidity.) It's possible that he wrote that in a tweet also - I have checked my mailbox at the house - NO TWEET. How about my phone - does it come in the form of a text message? - NO TWEET. I asked Sarah at the switchboard - NO TWEET!. OK, besides ragging on the tweeting crap what do I have to say here. After I heard about this from Trump, I have remarked to at least 2 people that what he needs to do is just bring a whole new press, or form of journalism, in for the press conferences. Tell CNN, MSNBC, CBS, NYT, WA Post, all of these people to GO POUND SAND!
Why is it that these groups spouting at their agenda day and night are always present to hear from our elected
Invite Breitbart people, Matt Drudge, etc. The old gov't-press will howl over Breitbart about "oh, he is connected to your administration - collusion, whatever!" Hey, you dipshits have been getting free rides and meals on Air Force One for years and years. The rotating door between press and gov't office has been wearing out it's bearings for the last half century for you people.
Anyway, that all being said by us, the zerohedge article let us know that Trump already has plans like this in mind. Great stuff! From ZeroHedge.com:
“This is about greater accessibility, more people in the process,” Trump's press secretary Sean Spicer added Sunday on Fox News Channel’s “Media Buzz.” Involving more people, including bloggers and others who aren’t from the mainstream media, “should be seen as a welcome change,” he said. Indeed, it will be... by the alternative press; the "media elite", however, will be quite disappointed that their exclusive access rights to the president will be stripped away if only for the next four years, commoditizing their "value added" to the level of your lowly. neighrborhood blogger.
The gov't-press lackeys sound a little butt-hurt with this reply:
Meanwhile, the White House Correspondents' Association objected in a statement to "any move that would shield the president and his advisers from the scrutiny of an on-site White House press corps," and said that it would fight to keep the briefing room and access to senior administration officials open. Jeff Mason, a Reuters White House correspondent, is president of the WHCA.
Where's the scrutiny been for the last 8 years, on-site White Hut Gov't-press lackeys? I never even knew the President-Eject's mother-in-law lived there for the whole time of Øb☭ma's 2 terms. Didn't they see her when she was screeching at Mr. Øb☭ma to quit putting on airs and acting like an Uncle Tom and "take us back to Sweet Home Chicago - these honkies don't know how to make no chittlens! Maybe my girl kin git layed too - she gitten ornery!"
You wanna see some scrutiny? Bring in some bloggers, prontomundo.
Scrutiny, bitchez!
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Fleetwood Mac - Blue Letter
Posted On: Wednesday - January 18th 2017 8:19PM MST
In Topics: Music
From their (2nd) self-titled album:
Fleetwood Mac:
Lindsay Buckingham - vocals and guitar
John McVie - bass guitar
Mic Fleetwood - drums
Christy McVie, Stevie Nicks (not sure if they're on this track)
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Expansion of post re zerohedge on Trump (Part 5 - New Media)
Posted On: Wednesday - January 18th 2017 7:21PM MST
In Topics: TV, aka Gov't Media Trump
About this one, our blogging team is very sleepy and will add lots about this one: Trump Team Responds: May Move White House Briefings To Accommodate More Than Just "Media Elite" tomorrow, as it's exactly the right way to go to fight the gov't/fake media outlets.
More coming.
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Expansion of post re zerohedge on Trump (Part 4 - CIA)
Posted On: Wednesday - January 18th 2017 7:12PM MST
In Topics: Trump Globalists
This zerohedge article describes the incredible nerve of the deep-state folks, CIA in this instance, as the departing director John Brennan, tells Trump to "watch what he says". It's not like Mr. Trump has an unsecured server or something. This guy says this as a threat. The point is, these guys are told what to do by the big-shot Globalists, and the US Chief Executive is supposed to just listen to them, not lead them, according to these incompetent supposed-spooks.
"It's more than just about Mr. Trump. It's about the United States of America."
"What I do find outrageous is equating intelligence community with Nazi Germany," Brennan said. "I do take great umbrage at that."
You're right, Brennan, that's a bad comparison - the Nazi's didn't have the equipment and even -2 orders of magnitude as much money as you guys. Maybe the East German Stasi would be a better comparison. These agencies are completely out-of-control, and that is in the true sense of that phrase. It's not that they're just too big and hard to govern, but they have been completely out of control of the people of the US and leaders elected by said people. Trump better get some trustworthy guys to watch his 6, if he's going to try to cut this agency (and the NSA) down to size.
In our humble opinion, Donald Trump didn't particularly know much history and a whole lot about the whole situation in the US when he started this endeavor in summer '15, but he sure does learn very well. I would love to hear that he had changed his mind about Ed Snowden and call him a hero. Even without that, there is no doubt from this episode that Mr. Trump is emphatically NOT part of the Feral Gov't establishment and deep state. We dodged a high-caliber one back in early November.
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Expansion of post re zerohedge on Trump (Part 3 - Merkel's response)
Posted On: Wednesday - January 18th 2017 6:56PM MST
In Topics: Commies Trump Globalists
OK, this is a bit out of order from the original post here (2nd link after 3rd link of original post).
Here's a small part of Merkel's response per zerohedge:
"We've got to fight this battle, if for no other reason than principle," Merkel said, referring to Germany's commitment to the free trade, and asking German business to "join her in defending liberal democracy and trade", saying “in every generation one has to fight for one’s ideals.”Ex/Current Commie and Reich-Chancellor Merkel has done everything in her power to destroy the liberal democracy that is Germany! The Germans are going to have to rise up and "fight for their ideals" pretty soon, as talking about them is illegal at this point in that "liberal democracy". Replacing the original people will not result in a country that resembles Deutchland in any way, and they have had about enough over there.
As far as free trade goes, it works pretty well with countries that are on the level, but it's not the be-all-to-end-all, and Teacher Ben Stein's reiteration of the stupid myth that a bad tariff deal was the main reason for the Great Depression of 1929 - WWII is not quite enough to convince me:
Readers, please comment if you know the real reasons for the transformation of a simple business down-cycle into the Great Depression - there was the anyone, anyone?, Federal anyone?, anyone?, Reserve ____ and it ends with "ist", anyone?, anyone?, Socialist asshole Franklin Delanor, anyone? anyone? Bueller?
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Expansion of post re zerohedge on Trump (Part 2 - German gov't response)
Posted On: Wednesday - January 18th 2017 6:40PM MST
In Topics: Immigration Stupidity Trump
In this zerohedge post linked to and mentioned earlier, German gov't officials/candidates have a response.
We can't really disagree too much with this part, but, well read first:
Responding to Trump’s comments that Merkel had made an “utterly catastrophic mistake by letting all these illegals into the country”, Gabriel said the increase in the number of people fleeing the Middle East to seek asylum in Europe had partially been a result of US-led wars destabilising the region.
Slamming US foreign policy - and thus the Obama regime, not to mention Angela Merkel's close friend Hillary Clinton - as a culprit for the European refugee crisis, Gabriel said that “there is a link between America’s flawed interventionist policy, especially the Iraq war, and the refugee crisis, that’s why my advice would be that we shouldn’t tell each other what we have done right or wrong, but that we look into establishing peace in that region and do everything to make sure people can find a home there again,” Gabriel said.
... but, the warfare state that the US is in is not Trump's fault - he was on record against the Iraq war back in the day, and this stuff goes back through US government under about 25 years of the US House, Congress, Obama, both Bushes and Mr. Clinton. I don't agree that the "refugees" coming into Europe are a DIRECT result of the current war-of-the-moment however. It's just Reich-Chancellor Merkel's way of creating the type of havoc that will wipe out the white German population in a few generations - that's what the globalists want her to do - that's what she does - it's all she knows.
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