"Power concedes nothing without a demand.  It never did and it never will."  Frederick Douglass
 

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Would Chris Christie Make A Good President? – We Don’t Have A Clue If He Would or Not – Here’s A Thought: Either Get In the Damn Race Or Not Christie Because Right Now You Look Like A Dithering Idiot – If Christie Gets In…Then Let’s See What the Fat Man Can Do!

We here at Mad As Hell And… don’t have a clue or not if Chris Christie would make a good President of the United States but we believe that if Republicans or anyone else is waiting breathlessly for someone that has been in elective office for one year to be the savior of the country then the United States of America is now in a world of hurt.

Chris Christie 2012 presidential run: What stands in his way, Politico.com

Here is what we do believe though about Chris Christie…

If Christie is going to run for President here’s an idea…

RUN!

Quit dithering around Christie and either get off the pot or do your business and let’s get Christie into some of these Republican debates and see what the Fat Man can do.

You sure the Hell can’t RUN for President sitting on the sidelines and waffling between running or not which only make you look like someone that can’t make up his Damn mind!

Memo to Chris Christie: Made a decision already and either GET IN the race or GET THE HELL OUT and for good this time.

Mad As Hell And… Quotes of the Day – Friday, September 30, 2011 – Nelson Mandela

Mad As Hell And… Quotes of the Day – Friday, September 30, 2011 – Nelson Mandela


“A good head and a good heart are always a formidable combination.”

And

“Education is the most powerful weapon which you can use to change the world.”

And

“For to be free is not merely to cast off one’s chains, but to live in a way that respects and enhances the freedom of others.”

And

“I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.”

And

“It always seems impossible until its done.”

And

“Let freedom reign. The sun never set on so glorious a human achievement.”

And

“Money won’t create success, the freedom to make it will.”

And

“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.”

And

“There is nothing like returning to a place that remains unchanged to find the ways in which you yourself have altered.”

And

“We must use time wisely and forever realize that the time is always ripe to do right.”

And

“I have walked that long road to freedom. I have tried not to falter; I have made missteps along the way. But I have discovered the secret that after climbing a great hill, one only finds that there are many more hills to climb. I have taken a moment here to rest, to steal a view of the glorious vista that surrounds me, to look back on the distance I have come. But I can rest only for a moment, for with freedom comes responsibilities, and I dare not linger, for my long walk is not yet ended.”

Wikipedia:  Nelson Mandela

Thanks to Daniel J. Mitchell at Cato @ Liberty From Explaining Ever Better the Absolute Nonsense Now Going on In Europe Than We Ever Possibly Could – What Is Wall Street Filled With? – Oh, That’s Easy…Candy Ass Pussies That Go Crying To Uncle Ben Bernanke and the American People To Get Their Sorry Asses Bailed Out When They Do Very Stupid Things and Get Their Sorry Asses In A Sling….DITTO For the Candy Ass Pussy “Bankers” In Europe – Here’s A Thought: What A REAL Capitalism For All of America Where When You Fail….YOU FAIL! – Now That Would Work…But the Candy Ass Pussies On Wall Street Wouldn’t Last Five Seconds Under REAL Capitalism So No Doubt They Will Keep Buying Off OUR “Elected Leaders” and Keep Getting Their Sorry Asses Bailed Out

Following on our last Mad As Hell And.. blog post…

What Exactly Is Causing All Of These Problems In Europe You Ask? – The Same Damn Thing Causing the Problems In America….Out-of-Control and Sorry Excuses for “Elected Leaders” Running All Kinds of Irresponsible Debt Which They Want to Fix With….MORE DEBT! – Yes, These Are Very Stupid People! – Memo to the Greeks: Tell Germany, France and the European Banks Holding All of that Greek Debt To….POUND SAND!

…the brilliant folks over at Cato @ Liberty that are actually paid to write and come up with ideas for a living have really put all of this Europe nonsense in context and the Absolute Idiocy of anyone from the United States of Debt and Entitlement (America) telling someone else how to run their economies:

Tim Geithner: The Forrest Gump of World Finance, Donald J. Mitchell

“One almost feels sorry for Treasury Secretary Tim Geithner.

He’s a punchline in his own country because he oversees the IRS even though he conveniently forgot to declare $80,000 of income (and managed to get away with punishment that wouldn’t even qualify as a slap on the wrist).

Now he’s becoming a bit of a joke in Europe. Earlier this month, a wide range of European policy makers basically told the Treasury Secretary to take a long walk off a short pier when he tried to offer advice on Europe’s fiscal crisis.

And the latest development is that the German Finance Minister basically said Geithner was “stupid” for a new bailout scheme.”

Oh, that’s pure genius and Common Sense because the US Treasury Secretary that has been deeply involved in creating this

…and couldn’t run a lemonade stand on the best of his life shouldn’t be wandering around Europe lecturing anyone about anything but instead should be working with Ben Bernanke and the US Congress to shut-down the Massive Ponzi scheme that America has going right now before it takes down the entire country.

The REAL money lines in this Cato @ Liberty story are the most truthful about what is REALLY going on in Europe and which has been going on in America for years:

“This little spat reminds me of the old saying that there is no honor among thieves. Geithner wants to do the wrong thing. The German government wants to do the wrong thing. And every other European government wants to do the wrong thing. They’re merely squabbling over the best way of picking German pockets to subsidize the collapsing welfare states of Southern Europe.

But that’s actually not accurate. German politicians don’t really want to give money to the Greeks and Portuguese.

The real story of the bailouts is that politicians from rich nations are trying to indirectly protect their banks, which – as shown in this chart – are in financial trouble because they foolishly thought lending money to reckless welfare states was a risk-free exercise.

Europe’s political class claims that bailouts are necessary to prevent a repeat of the 2008 financial crisis, but this is nonsense – much as American politicians were lying (or bamboozled) when they supported TARP.

It is a relatively simple matter for a government to put a bank in receivership, hold all depositors harmless, and then sell off the assets. Or to subsidize the takeover of an insolvent institution. This is what America did during the savings & loan bailouts 20 years ago. Heck, it’s also what happened with IndyMac and WaMu during the recent financial crisis. And it’s what the Swedish government basically did in the early 1990s when that nation had a financial crisis.

But politicians don’t like this “FDIC-resolution” approach because it means wiping out shareholders, bondholders, and senior management of institutions that made bad economic choices. And that would mean reducing moral hazard rather than increasing it. And it would mean stiff-arming campaign contributors and protecting the interests of taxpayers.

Heaven forbid those things happen. After all, as Bastiat told us, “Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.””

Double Amen to that Daniel J. Mitchell!

The so-called banks in Europe are no better than the socialists and communists running the “banks” on Wall Street in America which are little more than Three-Card Monti operations that are filled with Ivy-League educated Morons that wouldn’t last five seconds in the REAL world if Uncle Ben Bernanke and his Fed along with the American People weren’t bailing their Sorry Asses out every time they go their Sorry Asses in a sling which would be…

A LOT!

It really is a joke for anyone to refer to “Wall Street” as something akin to REAL Capitalism because the American People understand completely that “Wall Street” is filled with nothing more than Candy Ass Pussies that would be hiding out in Canada if OUR country ever got into a real shooting war and this current group of Candy Ass Pussies are raising more Candy Ass Pussies that will do nothing more than grow up and do what their Daddies and Mommas did in their pitiful lives..

Get their asses in a sling by doing Very Stupid things and come crying…

….to the American People to have We the People bail their Sorry Asses out.

The Greeks should tell the European Candy Ass Pussies at the European “banks” to..

GO TO HELL!

..and no doubt the Candy Ass Pussies in Europe would start crying for yet another bigger bailout and no doubt the Biggest Candy Ass Pussy of all…

Uncle Ben Bernanke

…will be right there using the American People’s money to bail out the European Candy Ass Pussies in hopes of keeping propped up a financial system that only a group of Candy Ass Pussies like about 99.9 percent of the economists in America could come up with (Yes, the solution to lots of debt is….MORE DEBT! You can’t make up this kind of stupidity!) that to a man and woman wouldn’t know an honest day’s work if it him them in ass!

Here’s a thought: When companies make stupid decisions…..

THEY FAIL!

Let the European banks fail but of course as Daniel J. Mitchell points out that will…

“But politicians don’t like this “FDIC-resolution” approach because it means wiping out shareholders, bondholders, and senior management of institutions that made bad economic choices. And that would mean reducing moral hazard rather than increasing it. And it would mean stiff-arming campaign contributors and protecting the interests of taxpayers.”

Yes, that would be REAL CAPITILISM which is something the Candy Ass Pussies on Wall Street are going to get Very Damn familiar with in the coming years as the American People take back THEIR Government from the Sorry Asses and even our own “Elected Leaders” that have sold out the American People and their own families and children for a few pieces of silver and one more term in office!

CNBC’s Larry Kudlow says every night on his show that….

“We believe that free market capitalism is the best path to prosperity.”

Memo to Larry Kudlow: We have Free Market Capitalism EVERYWHERE in America BUT on Wall Street which is all of your buddies!

Yes, let’s have some REAL Free Market Capitalism…..

FOR ALL OF AMERICA.

(That sound you hear in the background is the Candy Ass Pussies on Wall Street crying and begging for Uncle Ben Bernanke to come bail their Sorry Asses out again!)

What Exactly Is Causing All Of These Problems In Europe You Ask? – The Same Damn Thing Causing the Problems In America….Out-of-Control and Sorry Excuses for “Elected Leaders” Running All Kinds of Irresponsible Debt Which They Want to Fix With….MORE DEBT! – Yes, These Are Very Stupid People! – Memo to the Greeks: Tell Germany, France and the European Banks Holding All of that Greek Debt To….POUND SAND!

Most Americans must wonder as they get a few minutes from working their asses off as they look up to see the never-ending problem of “Europe” just what all this fuss is about and we will give any average American three guesses what these Sorry Excuses for “Elected Leaders” in Europe have been and are up to right now….

Here’s a Hint: The Sorry Excuses for “Elected Leaders” in Europe are up to same old BS that OUR Sorry Excuses for “Elected Leaders” have been up to for several decades now in Washington DC

IT’S THE DEBT STUPID!

Jon Markman over at CBS Marketwatch explains the “Tim-foolery” now going on in Europe:

Geithner’s plus-sized euro bailout if stealth QE3

“In the tale, which is duly Germanic, a young man seeking the hand of a nobleman’s daughter is sent by her father on an increasingly audacious set of robberies — the last one of which, well, I don’t want to ruin it for you. Let’s just say it does not end well for the commoners, who are always fleeced.

The big idea in Washington now seems to be that if Europe can be paid off to pipe down about its banking crisis for just a few weeks, then Wall Street can settle into a good old-fashioned earnings season in October with no distractions. This is sort of like packing your crazy old uncle off to the movies when your guests arrive for a dinner party, but hey, you do what you gotta do.

The plan, cooked up by U.S. Treasury Secretary Tim Geithner, is to persuade European leaders to vastly expand the size of the emergency bailout fund known as the EFSF, or European Financial Stability Facility. His proposal, and I’m not making this up, would use leverage — i.e., borrowing — to increase the size of the already borrowed money in the fund by up to 10x. Read more on market expectations for expanded EFSF.

This is a little hard to believe, but it’s the truth. The funds from euro-zone countries in the EFSF have already been borrowed. And now the plan espoused by Geithner is to use that money as collateral to borrow as much as ten times more. The guy does not get enough credit for his evil genius.

Why would they do this? Well dial back your mental time machine to the fall of 2008, if you will. You will recall that before TARP there was a similar U.S. plan to bail out the financial system, but it was judged to be too risky. So now it looks as if Geithner, who was the head of the New York Federal Reserve Bank at the time, is conspiring with the International Monetary Fund and others of like mind to recreate that massive weapon of financial destruction to aim at the debt crisis in Europe.”

In other words…

Countries like Greece, Italy, Spain, Portugal, etc.. have run up lots of debt that they have no chance of every paying off (think the United States that has not paid down a dime of its National Debt since 1972 and will not pay down one cent of debt over the next decade under any proposed Bogus “debt” plan) and all that debt was sold to banks that are located in countries like France, Germany, Switzerland, etc.. and if those banks had to mark all of that European country debt to the REAL market value based upon the chance of that debt ever being paid those European banks would be insolvent overnight so the GREAT solution is for the European Union to issue even more debt on top of all the old debt which would do what exactly…

Do the same thing it has done in America…

Only put the problems off to another day and make the ultimate Day of Reckoning all the worse for the People of Europe and in America.

Jon Markman later in his column provides a hint or two why the leaders of Germany and France haven’t already kicked deadbeat countries like Greece to the curb and in an indirect way answers YOUR questions as an American citizens why there have been NO arrests and prison sentences of any bankers here in the American Republic after a decade of the Wall Street Bastards running wild:

“Everyone knows that by backstopping Athens financiers, the government of Chancellor Angela Merkel has said that it is really saving German banks. But I am guessing that additionally the Germans and French do not want bankruptcy examiners to have a chance to sniff around the Greek balance sheets and find out what happened to all the missing billions.

To be sure, it’s possible that Greece simply squandered the money it borrowed. But what if there has been something like a Ponzi scheme afoot the past few years — a Madoff-by-the-Mediterranean, if you will — in which Greek government or banking officials have siphoned off the money and secreted it at European banks with the tacit agreement of their creditors?

I have no evidence for this. It is just a hunch based on the logic that sums this large with so little oversight provide overwhelming temptation, and on the fact that it does not make sense that the straight-laced French and Germans are working so hard to preserve the southern bacchanalia.”

Now, that’s the first thing that has made sense in ANY of this European nonsense and explains why the US Government has kept Fannie Mae and Freddie Mac up and running and also why the Wall Street Bastards have been able to get away with the Biggest Highway Robbery in the history of Planet Earth…

Uhhh, the US Government really doesn’t want a BIG investigation that would put the Wall Street Bastards and the former executives and Fannie and Freddie under oath because a very ugly trail would lead right back to…

Yes, you guessed it..

YOUR Sorry Excuses for “Elected Leaders” of the American Republic that were neck deep in the slop with the Wall Street Bastards and were being bought off left and right in the 2000s and would be tossed into jail by the hundreds if the American People really knew what went on during the Real Estate Bubble which was encouraged, championed and enabled by Uncle Ben Bernanke at the Federal Reserve who now calls Long-Term Unemployment in America a “National Crisis” which is a “National Crisis” that Bernanke and his buddies at the Federal Reserve….

HELPED CREATE with an Irresponsible Monetary Policy for almost an Entire Damn Decade!

Someone….STOP THE DAMN MADNESS!

If the Greek Government asked us what they should do we would tell them to give this….

…to the European Union and tell the French and German leaders that it was their banks (and a few American banks) that were driving all of this debt that was created based on upon what everyone knew were Bogus economic numbers from the Very Lazy Greeks and that the Greeks should just leave the Euro and head back to the good ole’ days of the Greek Drachma!

What kind of threat does a few countries in Europe that have run up lots of debt they should have never been allowed to run up which threatens the survivability of a few French and German banks mean for America?

Well, if Europe actually had REAL capitalism the banks that made stupid investments in the debt of countries like Greece would go out of business just like if we had REAL capitalism in America a few banks in America would have been out of business in 2008…..but then most Americans understand that REAL capitalism exists EVERYWHERE in America but on Wall Street which is filled with lots of Candy Asses and Pussies that wouldn’t last 5 seconds in the REAL WORLD if they had to operate without Uncle Ben Bernanke and the American People bailing their Sorry Asses out every few years.

Yes, the REAL way to get ahead in America…

Drive by Capitol Hill with a car filled with cash and watch our Sorry Excuses for “Elected Leaders” come-a-running and happily scoop up all that money and then sell out the American People to the highest bidder or rather to any Sorry Ass Lobbyist that will take them to dinner and then promise them their “support” in the next election.

Here’s a thought: Greece should have never been a member of the Euro and if not for those Candy Ass Pussy Socialists on Wall Street that wouldn’t survive a day in the REAL world of Capitalism….

How Goldman Sachs helped Greece to Mask its True Debt, Spiegel International

Wall Street Helped to Mask Debt Fueling Europe’s Crisis, New York Times

…hadn’t helped Greece cook their economics books in the first place the Greeks would still be happily laying around on their Sorry Asses right now enjoying life and not be worried about all of this Euro nonsense.

Memo to the Greeks: Tell Germany, France and those European banks to…

POUND SAND

…and then go back to doing nothing and loving life.

Mad As Hell And… Quotes of the Day – Thursday, September 29, 2011 – Joseph Campbell

Mad As Hell And… Quotes of the Day – Thursday, September 29, 2011 – Joseph Campbell

“A hero is someone who has given his or her life to something bigger than oneself.”

And

“Find a place inside where there’s joy, and the joy will burn out the pain.”

And

“Follow your bliss and the universe will open doors where there were only walls.”

And

“I don’t believe people are looking for the meaning of life as much as they are looking for the experience of being alive.”

And

“Is the system going to flatten you out and deny you your humanity, or are you going to be able to make use of the system to the attainment of human purposes?”

And

“It is by going down into the abyss that we recover the treasures of life. Where you stumble, there lies your treasure.”

And

“Life is without meaning. You bring the meaning to it. The meaning of life is whatever you ascribe it to be. Being alive is the meaning.”

And

“Opportunities to find deeper powers within ourselves come when life seems most challenging.”

And

“The big question is whether you are going to be able to say a hearty yes to your adventure.”

And

“The goal of life is to make your heartbeat match the beat of the universe, to match your nature with Nature.”

And

“The privilege of a lifetime is being who you are.”

And

“We must let go of the life we have planned, so as to accept the one that is waiting for us.”

And

“When we quit thinking primarily about ourselves and our own self-preservation, we undergo a truly heroic transformation of consciousness.”

And

“When you make the sacrifice in marriage, you’re sacrificing not to each other but to unity in a relationship.”

And

“Your life is the fruit of your own doing. You have no one to blame but yourself.”

And

“Your sacred space is where you can find yourself again and again.”

And

“It’s only when a man tames his own demons that he becomes the king of himself if not of the world.”

And

“The achievement of the hero is one that he is ready for and it’s really a manifestation of his character.”

Wikipedia:  Joseph Campbell