Friday, August 9, 2013
Friday beaver - late edition
Why there can never be a victory in a war on terror. First off terror is a state of mind and not a concrete thing. If you wanted to fight terror there may be a drug for the malady but not a strategic military plan. No amount of bombs or guns or ammunition will end it. Another issue is that we keep hitting "suspected" terror targets with missiles fired from drones. A suspect is just that a suspect. There is no reason to believe they are guilty of anything until some evidence is produced and even then a person has a right to some sort of judicial process. I believe that's part of international law if I'm not mistaken.
And why all the sudden terror terror terror alerts? Why because it's to take our focus off the fact that the stock market is over inflated just like the housing bubble. The prices are not based in reality but some ill perceived notion that prices will go up for ever just as people thought their cracker box homes could shoot to over a million bucks or more if they played their cards right. Didn't happen did it? At some point the money ran out, the bubble burst and prices fell like a stone. There was a time when 15 rail cranes graced the skyline of Seattle building more office space and condos than one could imagine. In just a few short months they were all gone. At present I saw 3 putting up a few more buildings but for the most part the condos sit empty and banks aren't financing unless you're prepared for an extensive cavity search of you financial records. Who's the terrorist now when banks won't finance and basically got away with fraud the last time around?
Are oil and gas prices realistic? Of course not. And if you'd like to know who controls a lions share of that market just look up a company called KK&R and dig through their tentacles of commerce. So who needs terrorists when we have bankers and corporations who would suck the marrow out of our bones and watch our children starve to death and not give a care.
Bank fails this week - There was one in Wisconsin.