Friday, August 21, 2015

Friday Post - Cast your ballot but hang on to your wallet

Thought about doing a small straw vote on the candidates here but it's become a real circus. Here was some possibilities:

However after further review as they say in football we find that there's far more than the 17 plus on the republican side or 5 democrats running as attested to by a Guardian article (sheesh you have to go overseas to find out what's going on over here). Interesting to note that according to a Guardian article there are 585 registered candidates for U.S. president in 2016, including Sydneys Voluptuous Buttocks (independent), President Emperor Caesar (Democrat), Buddy The Cat (Democrat), Crawfish Crawfish (other), Bailey D Dog (independent), Buddy The Elf (write-in). Forget voter fraud the elections board might do better to scrutinize the candidate's qualifications. It's a safe bet some of these aren't even human beings. With the actual numbers in the voter fraud non problem a half dozen votes wrongly cast has not changed an outcome yet, at least not since the days of Tammany Hall or the Chicago party machines.

 The sad fact today is that unlike Canada or the UK we here in the U.S. must endure the better part of 2 years of campaign BS and just like retailers the day after Christmas when the last of the tinsel has been swept up the preparation process starts all over. Should you wish to keep warm all winter it's an easy task of picking up yard signs the day after an election. Wooden stakes and cardboard burn quite well.

The more things change the more things stay the same and they aren't getting any better. Looking at the markets the Dow has taken a 600 point dump so far in the last two days. It's obvious they weren't realistic in the first place but we all knew what happened when the fun and games ended with the crash of Wall Street in 1929. And if you thought 2008 was bad you ain't seen nothin yet. China's economy is slowly freezing up. Germany thinking they are in some power seat hasn't realized that they are broke too. How many of the euros did they just hand off to Greece? And those were borrowed euros at that. So let's face facts when the money isn't put to actual use for things like building bridges or roads or schools and gets filtered directly to banks who only make money by creating more debt (all paper shuffling) then eventually the music stops and everybody is left chairless or in this case homeless. This appears to be the very start of an economic freeze up. With the cost of two wars still ongoing a decade later and not paid for and the round after round of tax cuts it's a sure bet there won't be another bail out like the last time. Expect some of the larger brokerage houses to fall this time along with a few of the larger banks.

I'm sure Voluptuous Buttocks, Buddy The Cat or Deez Nutz could solve the financial problems given a chance but in the mean time we endure another year of election campaigning.

bank fails later...


BBC said...

"Wooden stakes and cardboard burn quite well."

Actually, most of them are made of plastic these days cuz they hold up longer.

It has become a real circus, look at it as entertainment.

billy pilgrim, knight of the woeful countenance. said...

yeah, there's been a wee correction on the markets but it's been one of the longest bull runs in history so a pullback is overdue and a great buying opportunity.

BBC said...

I hear you are keeping fire fighters busy.

The Blog Fodder said...

Canadians complain if the campaign is longer than 70 days.

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