Holy crap this next week is going to be interesting. Due to China's massive debt bubble about to burst, the entire world economy may be headed for Depression Era stats. A lot of economists are in full panic mode and the stock market certainly looked spooked the last two days of trading. Monday could be another dark day depending on economic futures. Let's see those runner ups.
1)CNN- I never understand how people who are terrible at their jobs keep getting new ones while the best and brightest seem to be left to the sidelines. CNN was floundering when, in a spectacularly bad decision, decided to hire Jeff Zucker, who had most recently run NBC into the ground. Needless to say, so far Zucker has replicated his previous tenure as CNN ratings have plummeted since taking over. His decision to have less news and more infotainment demonstrates a complete lack of knowledge on where he is currently working and viewers have left in droves because of it. A poll was taking right before CNN changed their format and a vast majority of people wanted the channel to REPORT THE NEWS WITHOUT SPIN. How hard is that? Zucker's history shows a meteoric rise to NBC chief that suggests he didn't get their on merit alone because, so far, he's terrible at his job. Fire this loser and report the news again. Please.
2)Justin Bieber- The spawn of Satan strikes again as he has now replaced Lindsay Lohan and Amanda Byrnes as the star to watch how far they can fall. His latest film tanked, his tours are getting less and less attendance (probably due to the fact that he appears bored and drugged during his latest string of shows) and he's getting arrested on an almost daily basis. This week, he was arrested for DUI, illegal street racing and an expired license. At this rate, he'll be dead by twenty. The music world will not miss him.
3)Rob Ford- Yes, everyone's favorite crack smoking mayor is back after a new video surfaced this week showing him at a fast food joint, totally messed up, and speaking in what can only be described as a Jamaican accent. Funny, I swore he said he would never drink again or do drugs. Oh that's right, he's a politician. Everything he says is a lie. Just like America.
4)Anti-drug groups- After Obama came out this week with the most reasonable approach toward pot that ANY president has ever shown, anti-drug groups came out the woodwork to condemn the man for daring to speak the truth. The current drug czar, the head of the DEA and others slammed the president, calling marijuana a scourge on mankind and offered up huge helpings of bullshit that have been thoroughly discredited by actual research and not junk science that has overtaken our society. Current research on all science says that as much as 90% of what we see as science today is based on nonsense. There is SO much disinformation that real problems such as climate change and fracking have been totally obscured by mountains of false data which detractors use as "proof" for their idiotic ideas. Let's get one thing straight about weed: it is not harmful. No one in the history of time has ever died from smoking weed. How many can say that about anything else, including aspirin, alcohol or cigarettes, not to mention the millions killed from prescription drugs? Stop hating on weed as that ship has sailed. It will be legal in every state by the end of the decade. Bet on it.
5)Jamie Dimon- Will some please explain to me how someone who helped crash the economy can get a 74% raise and now make $20 million a year? Well that's just what happened with JP Morgan/Chase CEO Jamie Dimon whose salary rose a huge amount for saving the company from paying out even more in settlements with the US Government, showing how much we actually got taken for. This is fascism alive and well. We are subsidizing losses by the rich and taking it form the poor to pay for it and the Tea Party wants this. I hate this country as no one seems to be mad about this. In the Ukraine, people have barricaded themselves in local parks and are demanding the resignation of the government. When we tried that, the neo-hippies of OWS decided smoking pot and playing in a drum circle while giving NO demands at all was better. Even worse, when the police came to get rid of them, they didn't fight back at all. They left and never came back. Way to stand up for your principles losers. As a result we got no change at all we could believe in. The older crowd joined the Tea Party while the younger crowd just gave up. Awesome. Meanwhile, Dimon is laughing at all of you, thrilled he got away with another year of bilking the US public. Due to current economic realities which I will go into greater detail later, it may be too late now to fix the massive debt bubble about to burst. When it does, you are all going to wish you had done more.
6)Duck Dynasty- Proving my point that the new Silent Majority are now liberals rather than the opposite like they used to be, the ratings for this show have fallen off the map. What was once the 2nd highest rated show on TV, has dropped by half by the first episode and another 20% the week after. Ouch. Here's the sad fact for all conservatives out there: you may be louder than us, but there are more or us than there are of you. This has been demonstrated time and time again when out of touch Republicans try anti-abortion laws or other women oriented draconian laws that seems to send them packing on a regular basis. A&E showed incredible stupidity here by agreeing with a bigot and people have responded, not by screaming at the top of their lungs, but merely by turning the channel. This does not bode well for A&E's other shows which may also show a slide of people like myself who boycott the channel completely. I am tired of religious right-wingers crying about tolerance while they piss all over my ideas. Until A&E cancels this show, I will not be watching ANYTHING on your network. I hope many others join me in this. By the way, here's a picture of what these douchebags looked like BEFORE the show.
They are yuppie scum bags laughing all the way to the bank and you rubes are buying it up as them being "authentic." Stop buying into media distortions and stop watching drek like this.
7)NSA- A government panel this week reviewed all the NSA data and concluded the entire practice was completely illegal and had no real ability to stop anything. Wait, what? Yes that's right, an independent panel said that all the crap we've heard from Mike Rogers and Diane Feinstein about how the NSA has stopped at least 12 separate attacks were a big bunch of lies. Shocker. They found no conclusive evidence that the massive data mining done by the NSA had any real value other than for nefarious purposes. Can we please stop spying on everyone already now?
8)Republicans- The GOP had another stellar week, with multiple faux pas by several prominent Republicans, making their drive to control the Senate looking less and less likely by the day. Chris Christie was in the news every day with some new revelation about his corruption, including several mayors accusing him of graft and a new tie to the head of private prison corporation that calls into question some of the governor decisions on the prisons of his state. Meanwhile, former Virginia governor and presidential hopeful for 2016, Bob McDonald and his wife, were indicted for corruption charges as he took money from private donors to support his lavish lifestyle. The funny part about all of this were interviews of him talking about how America needs to live within a budget like his family does. That is irony and hypocrisy to the max. Then there is Joshua Black, who is running in the Florida race for the State House, unwisely said Obama "should be hanged for treason." Guess who got a visit from secret service? He still plans to run. Good luck with that. Dinesh D'Souza, who made the laughably bad anti-Obama film "2016" was arrested this week for campaign fraud by giving more than $20,000 to a single candidate, which, for now, is illegal. Come this spring that may change. But the winner for this week of GOP retards is Mike Hukabee for his idiotic comments about birth control and how women who cannot control their libido are not his responsibility. I find this odd as I know Viagra is covered by insurance which would say much the same about men, doesn't it? Funny how that never comes up. The democrats may be bad but at least they are not actively promoting fascism.
9)China- There is a good possibility that the world economy is going to self destruct this week. Depending on what China does to stop their economy from a full on implosion, world markets are going to be rocked as Friday approaches. China's third largest bank may go belly up by Friday causing a Lehman Brother's moment, only far, far worse. The currencies of Turkey, Russia, Argentina and South Africa got hammered this week as the tapering off of QE Infinity has caused a steep drop in foreign currency as cheap money is tightening, also leading to the current crisis in China. As money is harder to come by, some, especially in China, are using loan shark types, or "shadow banks" to keep their economy going, which is only a stop gap until the bottom falls out. HSBC is limiting withdrawals from their bank this week, as a majority of their capital is tied up in Chinese manufacturing which dropped off the map, and the main reason for the 500 point sell off on the Dow. There will be another meeting soon in which further tapering of the QE will be debated. If they decide to lower it, world currencies will begin to fail. If they raise it, hyperinflation becomes more likely. Thus the reason, I see us as so screwed. We have failed to fix anything from 2008, the public has demanded nothing and we have gotten the world we deserve. On top of all that, China has threatened to start shooting planes down in their new contested airspace. They are doing this over international waters and contains islands Japan claims as their own. This is the kind of thing that could lead to a much bigger war and if the economy starts to tail spin this week, bet on a major war breaking out soon after. It's 1914 all over again and the world appears ready for war, probably the last one if they go as bad as they might. So enjoy what time you have because things may be real bleak by Friday. Congratulations China you are indeed douchebag of the week.
Sunday, January 26, 2014
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment