On Lance Armstrong stripped of Olympic bronze medal
NVgrf: I don't believe Armstrong is affiliated with either political party. At least he never endorsed either side publicly during his career. However; he now SHOULD get involved in the Democratic party. I mean what a PERFECT person to have in public office. He would fit right in with John Edwards, Anthony Weiner, Elliot Spitzer, Bill Clinton, and all your lying, cheating, unethical, immoral scoundrels.
On 'They are who we thought they were'
Ahh, dang it..read your post to late. I would have encouraged you to do as I did tonight, in POUNDING Wisconsin over Indiana (vs the betting line). They were actually 10.5 point underdogs. Perhaps one ob thee biggest mistake lines Vegas has put out on a college game in YEARS. I have no idea who the idiot was that came up with that line?? Ryan has beat Carean like a freaking drum, every-time they have played, both at IU, and back to his days at Marquette. Almost every match up Carean has far superior talent. What a game to watch!! being a HUGE basketball fan (it is my favorite sport) it's just pure beauty to see great team defense, and superior coaching, just flat out BEAT far superior talent! Even the Indiana purists of the game would have been proud of the Badger play! It was simply better game planning, better team defense, better offensive execution, working as a TEAM to beat out a team that had a better (more athletic player) at EVERY position! GREAT STUFF to watch! Barring a monumental collapse, this should put Wisconsin back to the NCAA dance yet again under Ryan. Lets hope that one of these times we can make a better run once in the tourney! It really can not be said enough how under rated, and good of a coach Ryan really is. NONE of these kids are even top 100 type recruits. It's classic Herb Brooks type 'system' coaching (the coach who took USA hockey to gold, beating perhaps the most talented hockey team of all time, in the Soviet Union.
On Obama weighing executive action on guns
CLASSIC stuff, which will ultimately show just how UNequal the balance of powers we truly have now. We have given so much power to the President, that they can basically bypass the congress entirely, if they wish to. Bush took FULL advantage of this during his reign of terror following 9/11. Now Obama will engage in it as well after another tragedy. Lets face it, the President has the power to basically do anything, if they choose to. We become ever more close to a modern day Rome with each passing day. Where the people believe they have say through a senate-elected body, but it's pretty much just a big farce. The President has pretty much absolute power if they choose to use it. Heck, a President can even go to war for 60 days without any say of congress. Reagan took full advantage of that one. Like what country can't we roll in 60 days today? We have pretty much given any given President full dictatorial power over the years, if they choose to use it.Equal balance of powers was a great concept of the founders, but was abandoned long ago. Ever since Jackson told the courts they could screw themself, and slaughtered thousands of Indians, the executive branch has gained more and more powers every passing decade. To the point they really have the power to do whatever they please. So, if Obama wants a assault riffle ban, he can pretty much enact it, in the name of 'childrens safety'. So go stock up on your riffles while you can...That is if you can even find one. They are sold out pretty much everywhere.
On 'Fiscal cliff' deal leaves lots of issues dangling
Eagle1:I agree with your assessment. My $20 trillion comment is simply what the CBO is estimating over the next decade. Those are estimates based on the very best case economic scenario's. My basic point was the same as your's, that ALL these talks about deficit reduction are an absolute FARCE. They are simply talks to reduce projected GROWTH of the debt, not actual reduction of it. Of course deficit spending all goes back to the creation of a federal reserve banking system. A system which was designed to be a perpetual debt machine. Before the creation of a federal reserve you had about $3 billion in national debt over about a 125 year period. Today you accumulate over $3 billion in debt every single day! The whole system was simply designed to tax the public via inflation. Since inflation is a hidden tax, Congress does not fear the same public backlash it would experience if it directly raised income taxes, or other taxes.
On REAL COMPROMISE or CAPITULATION?
As we all knew, a meaningless deal would be reached. Well, not so meaningless to the lobbyist, of course. NASCAR, Hollywood, and countless others got there usual kick backs, and tax breaks! .Now onto the next big joke...THE DEBT CEILING, which will be another big farce that Eyster will pontificate endlessly about with daily updates, and worthless links. Of course one should all ready know how that coming "crisis" will also end...A last minute "deal" will be passed....In which they of course increase it, have the fed create more $$ to pay for it, kick the can down the road, and add TONS of pork in the last minute bill for all the big oligarchy players who donated boat load to get them into office.
On How far can the Pack go?
"And if the Packers win Saturday night, what do you think the odds are of this team reaching, and winning, Super Bowl XLVII?".Most Vegas-off shore odds have them about 5/1 to win the Super Bowl. Denver is currently the favorite at almost every book. .Packers are a solid bet, IMO. It's the 1st time that all the key players are healthy, and playing together. I like their chances against the Vikes, at Lambeau. Home field has always been big in that series. Vikes are red hot, but I think the Packers have a better-deeper over all team, that will prevail. At San Fran would be their toughest test, IMO. I'm not to worried about Atlanta (who has done nothing everytime they are a #1 seed) or anyone else. If they faced Denver or New England in the Super bowl, it would be a game that would likely be a betting "pick em", and one could easily make a case for either side.
16,432,705,914,255.48 .Truly a PIE IN THE SKY number.Anyone with a brain knows this number is pure fantasy, and that it will NEVER be paid off, let alone reduced. Every projection out there from the CBO, to private think tanks, have it growing to over $20 trillion by decades end (if not sooner). Any talk of reduction is NOT reduction, simply slowing down the pace that it ACCUMULATES at. It's all one giant pyramid scheme at this point, that will never be fixed, and ultimately end in collapse.
On I’m a frustrated Badger fan
I thought they played real good. I was predicting a total Stanford blowout. Stanford still covered the Vegas betting line (which ended at -4) so it was still a profitable venture to back the superior team, but WI still should be given credit for putting up a formidable fight (and having real winning chances) to a vastly superior team.
On Obama cuts vacation short as 'fiscal cliff' looms
" This is equivalent to a bank continuing to extend a line of credit and loans to an individual with no income. ".Indeed, and the banks all did exactly that during the MBS debacle, that led to total meltdown of the banking sector. The term was "NINJA loan"No Income, No Job-Assets.Credit will ALWAYS be extended as long as there is a BELIEF they are worthy. The whole fiat system is based on belief. I agree that if no revenue was collected, all BELIEF would be lost, and you would have a total collapse. Eventually that is what will happen anyway. You will just have a slow melt down collecting 60% of the revenues you need to run government, and creating the rest. Collecting nothing, and creating 100% would be a likely instant melt down as all belief would be lost overnight. Nonetheless, both ways will end in melt down. Everyone with any sense knows that this $16 trillion in debt is TOTAL pie in the sky. It will NEVER be "paid off", or never even reduced. Not with real $$'s anyway. It will eventually end in collapse as it always has with one civilization after another.
poobah:I should be more clear that the money is not actually 'printed'. It's simply electronically created by the fed. Actual M3 money supply (physically printed money) is an entirely diffident subject. And yes, they can create whatever they want, and are. The fed buys $40,000,000,000 worth of treasuries every month now. This is not real money, it's simply created by the fed. This notion the GOP made during the campaign of China financing our debt is laughable. China, and many other foreign countries can't gobble up all the debt we are now incurring, and have also expressed grave concerns on it being a bad investment. It is all one big shell game of the government taking on debt, and the federal reserve buying the debt. All the while the giant banks who are all part of the oligarchy (Goldman Sachs and the like) make a fortune as they broker the whole transaction. It's simply one gigantic revolving door. I totally stand by my claim. No taxes are needed when $$'s can be created by a governmnet. That has always been the problem with fiat currency. When you have no backing to the money, and have full practically unaccountable power to create it, you don't need to tax anyone. The fed can create every $ needed to fund government. Of course that will devalue the currency, and everyone will be hit with massive inflation as their purchasing power reduces from a weakened dollar. That is what we will soon face in any event now, as the debt continues to grow with no end EVER in sight, and is consequently dissolved by the fed. If you simply printed it all now, it would just speed up the process of implosion.
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