5 best sentences

These are possibly the 5 best sentences you'll ever read. This is one paragraph that should be in every book in every school room in every city in every state in our great Union ... Our educators should make a lesson plan on this one statement and instill these words in the minds of all students.

"You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

What one person receives without working for, another person must work for without receiving.

The government cannot give to anybody anything that the government does not first take from somebody else.

When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation..
You cannot multiply wealth by dividing it."

Fix The Banking System In 4 Steps

By Dylan Ratigan

I spoke today on the Morning Meeting about the four steps the government could take to fix the U.S. banking system and stop the ongoing and expanding corruption of our country. These simple solutions come from the litany of people that I speak with who seek to change the mega-casino our government has built during the past 10 years back to one built on investors, innovators and workers creating things that benefit society.  Unfortunately, our current leaders want to take the easy road of sustaining the casino economy with what I like to call the Magic Money Machine.  Except as with all magic, there's actually a trick; in this case, it is a large bill that will be left to those of us unfortunate enough to still be around when it comes due.  Here are the four pieces of regulation that taxpayers should be demanding from their leaders:

1. Inject transparency, primarily to bring almost $600 trillion of crooked insurance scams to the forefront.  Force almost all swaps onto exchanges, not just the 20% as current proposed reform does.

Secretary Geithner, Chairman Frank and Chairman Dodd are protecting the last of the Wall Street secret money-making schemes. They don't want to force transparency on this market because it would disclose the fraud this massive bank scheme is -- a taxpayer subsidized secret insurance market which sells cheap insurance to hedge funds, power and food and energy companies, and makes for huge profits at banks and insurance companies. Insurance and idle speculation in secret is a brilliant way for banks and other financial services companies to make money (who doesn't want to collect insurance premiums every month for something you'll never have to pay for?!) And a great way to make oil, food and electricity company CEOs richer as they pay less for their insurance. One problem -- they are all surfing on the taxpayers back to the tune of $24 trillion at risk last I checked -- and the U.S. government is the one letting them do it. Still. Now bigger than ever.

2. Demand capital to back Wall Street's gambling.

In Vegas, you need to have actual money to gamble. Your own money. It's crazy, but true. Even today, in many cases more than ever, U.S. banks use America's FDIC insured safe deposits to fund their own mad bonus-seeking speculation. Once the banks blow through that -- they borrow from the biggest money printing house in the world, the U.S. Federal Reserve to do the same thing. This is truly insane. The banks and their traders keep the upside. You, the taxpayer, keep the downside. No one else in the world can pay themselves billions to take infinite risk with little or no money down, except a big bank CEO. And we thought they were good at their jobs making all that money, when all they did was rig the game using our government to do it.

3. Enact a tax-code to encourage long-term investment and discourage short-term profit. Fortunes should not be made in minutes but over years through the creation of value to society.

  

As long as the easiest way for a man or woman to make money is to spend their day clicking for dollars, why would they bother doing all the work of investing in the long-term economic development of private business in America? Tax code in general should encourage investment, jobs, and innovation in America and discourage idle speculation as the easiest way for a college kid to get rich.  There are sensible ways to use tax policy to encourage this that do not hamper liquidity.

4. Break up the Too Big To Fail banking institutions. Start with Goldman Sachs and J.P. Morgan. Right Now.

      

How do you expect any other business to compete with the chosen few who are guaranteed profits? The more risk they take, the more they make. Why do you think they invented a fake $600 Trillion secret derivative market in the first place? Bigger bonuses baby. All upside. No downside. Thank you Uncle Sam. Thank you Secretary Geithner.

225,000 people are driving illegally in Colorado

Audit: Unlicensed drivers big problem in Colorado

The Associated Press

Posted: 11/03/2009 11:07:24 AM MST

Updated: 11/03/2009 11:07:24 AM MST

DENVER—A state audit estimates that as many as 225,000 people are driving illegally in Colorado and that unlicensed drivers were involved in nearly one-fourth of all fatal crashes last year.
Legislators requested the audit after an unlicensed driver in the country illegally was accused of causing an accident last year that killed three people in Aurora, including a 3-year-old in an ice cream shop.
Drivers without valid licenses were involved in 24 percent of last year's fatal crashes. There were 548 people who died in traffic accidents and 130 of those died in crashes involving unlicensed drivers.
The auditors say strategies used by other states include impounding vehicles and putting special stickers on car that have been driven by people without valid licenses.
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Information from: The Denver Post, http://www.denverpost.com

health care lobbyist

This is from The Health Care Blog:

More than 3,330 health care lobbyists — six for every member of Congress — contributed more than one-quarter of a billion dollars in the first and second quarters of 2009. A nearly equal amount has been contributed on this issue from non-health care organizations.

Excellent Quote

                            Excellent Quote

"As an American I am not so shocked that Obama was given the Nobel Peace Prize without any accomplishments to his name, but that America gave him the White House based on the same credentials." - - Newt Gingrich

Cowboy rules

Cowboy rules for:

Arizona, Texas ,   Oklahoma,     Colorado , New Mexico , Wyoming , Montana , Utah, Idaho, Nebraska and the rest of the Wild West are as follows (This includes transplants): 1. Pull your pants up.  You look like an idiot. 2. Turn your cap right, your head ain't crooked. 3. Let's get this straight: it's called a 'gravel road.' I drive a pickup truck because I want to. No matter how slow you drive, you're gonna get dust on your Lexus. Drive it or get out of the way. 4. They are cattle. That's why they smell like cattle. They smell like money to us. Get over it. Don't like it? I-10 & I-40 go east and west, I-17 & I-15 goes north and south. Pick one and go. 5. So you have a $60,000 car. We're impressed. We have $250,000 Combines that are driven only 3 weeks a year. 6. Every person in the Wild West waves. It's called being friendly. Try to understand the concept. 7. If that cell phone rings while a bunch of geese/pheasants/ducks/doves are comin' in during a hunt, we WILL shoot it outta your hand. You better hope you don't have it up to your ear at the time. 8. Yeah. We eat trout, salmon, deer and elk. You really want sushi and caviar? It's available at the corner bait shop. 9. The 'Opener' refers to the first day of deer season. It's a religious holiday held the closest Saturday to the first of November. 10. We open doors for women. That's applied to all women, regardless of age. 11. No, there's no 'vegetarian special' on the menu. Order steak, or you can order the Chef's Salad and pick off the 2 pounds of ham and turkey.  12. When we fill out a table, there are three main dishes: meats, vegetables, and breads. We use three spices: salt, pepper, and ketchup! Oh, yeah ... We don't care what you folks in Cincinnati call that stuff you eat ... IT AIN'T REAL CHILI!! 13. You bring 'Coke' into my house, it better be brown, wet and served over ice. You bring 'Mary Jane' into my house, she better be cute, know how to shoot, drive a truck, and have long hair. 14. College and High School Football is as important here as the Giants, the Yankees, the Mets, the Lakers and the Knicks, and a dang site more fun to watch. 15. Yeah, we have golf courses. But don't hit the water hazards - it spooks the fish. 16. Turn down that blasted car stereo! That thumpity-thump  ain't music, anyway. We don't want to hear it anymore than we want to see your boxers! Refer back to #1! A true Westerner will send this to at least 10 others and a few new friends that probably won't get it, but we're friendly so we share in hopes you can begin to understand what a real life is all about!!!

"I owe these unions."

"I owe these unions."
President Barack Obama couldn't have stated it any more clearly.
And after spending a cool BILLION dollars to put their political cronies in positions of power in Washington, D.C., the union bosses couldn't agree more.
They want PAYBACK.
After all, Barack Obama and the rest of Big Labor's allies have already promised, "What Big Labor wants, Big Labor GETS!"