Thursday, March 17, 2016

Home Sick, Waiting for Meds to Kick In

So, I'm catching up on the news - both on the computer, and with some "news" show in the background.

Congress has shown a spine - a little late, but nonetheless, welcome.  They have passed a resolution applying the term "genocide" to the systematic elimination of Christians in the Middle East.

Is there anyone who has a single doubt that Obama will fail to act?  Oh, he'll mouth some mealy-mouthed words, probably blaming Christians for the Crusades (Hey, O-man, at SOME point, a defensive action - which the Crusades largely were - should stopped being used to justify present-day slaughter, rape, enslavement, and torture).

The "Trial of the Century" is being exploited for ratings on TV, with a heavily-slanted, pro-defense series.  The Goldmans were just on to register their strong opposition to the fictionalizing of the story.  People magazine did a nice piece about Ron Goldman, who they called "the forgotten victim".

I've been reading about money - in the form of laws, regulations, and fiscal policy.  One of those posts that might be of value to you is about the Puerto Rican default, and how this sets a precedent that could, eventually, bring down our money system.

Bonds are special - those that lend money to corporations or governments expect less that they might get from stock purchases.  In return, they have a solid claim on the assets of in the event of a default - they are FIRST in line for what money remains.  Unsecured debtors have to take what is left over.

The Obama administration plans to throw that out of the window.  It's similar to what they did to the auto industry secured debtors - they arbitrarily moved them from first paid back, to the end of the line, instead, and illegally, moving the unions - UNsecured debtors - to the front.

Big surprise, that Leftists will shaft investors in favors of their political cronies.

Read more about the Obama administration is planning on doing the same for Puerto Rico's investors, in favor of pensions for government employees.

Lots more to write about, but no time at present.

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