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Ron Paul for President in 2012 April 2, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Ron Paul Announces 2012 Presidential Run

Yay!

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Main Site: ScreamBucket.Com

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Medvedev, Obama to Meet at G20 Summit March 30, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Medvedev and Obama will sit down together at the G20 meeting this week, at a time where every meeting is critical. Both Russia and the Obama administration want to normalize relations after a long period where Russia was in decline, and America had taken full advantage.

Those days are gone, both superpowers struggling under the weight of their own excesses. No longer the dominating powers that they once used to be, America and Russia look to each other as not just equals, but also partners in a world where Europe and China have grown to equality in prowess and influence.

America is still fighting the cold war in so many ways, and it has a long haul ahead coming to grips with new geopolitical realities. Far from a “madman”,

Medvedev is a rational player on the international stage with respect and prestige around the world, and Obama will use his own popularity to cement a friendship that will see the both of them through a very trying decade to come for each.

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Obama: General Motors and Chrysler – Gone in 60 Days March 30, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Obama, General Motors, and Chrysler each bought an extra sixty days before they must face the inevitable.

The inevitable is bankruptcy for all three.

Obama may not have caused the auto industry meltdown, and there is real argument whether the auto makers are to blame either, however who is to blame will be invisible to history, only the fact of catastrophic bankruptcy remaining on the record of each. All that remains for the moment is finding a suitable time for the wake.


The fact of the matter is that it is not auto industry inefficiency that needs fixing – if it were, model companies like Honda and Toyota would not be down 50% and falling. The economic environment that existed when automakers sold a historic 16 million units in North America is gone for good, Obama himself admitting a return to the age of easy credit is impossible now. With North American auto sales at nearly 8 million units and falling, and break even being 13+ million units, it defies common sense that GM and Chrysler will be able to craft a business plan that will see them overcome an economic death spiral, and outperform the Japanese by magnitudes at the same time.

Today, Obama did the scene set for the end, drawing a line in the sand legless and broken automakers have no way of crossing. General Motors and Chrysler – gone in 60 days.

Main Site Link: Screambucket.com


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Pakistan Lahore Attack: Civil Meltdown Picks Up Speed March 30, 2009

Posted by aetiusromulous in news, politics, Video, YouTube.
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Pakistan – Worse than AIG?

Hidden beneath the the economic headlines, Pakistani disorder begins to boil over.

Too many problems in too many places. Will the world continue to drop the ball in Pakistan?

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Main Site Link: Screambucket.com


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Rick Wagoner, GM President, Fired by Obama March 30, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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GM President Laid Off

The Obama White House fired General Motors President (of the private aircraft fame) Rick Wagoner, one day before the next model bailout rolls off the line.

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Main Site Link: Screambucket.com


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Economic Democracy Demands One World Balance March 29, 2009

Posted by aetiusromulous in Commentary, news, politics.
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ar-logo1Economic Democracies have  been living exponentially. It’s a big word, and it’s a big concept.

What it boils down to is this; that nobody alive in any culture of “progress” today knows anything other than bigger. Alternatively, if you like, all participants in democratic free markets have the shared expectation that they will have more tomorrow than they did today. In fact, we can go further and say that anything other than more, bigger, or better represents a failure of our governance that we all battle with equal fear, and vigor.

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Jim Cramer : Why Is Everybody Pissed Now? March 28, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Where Have the Righteous Been For 30 Years?

It’s a fact – nobody was bitching about the “Masters of the Universe” while they were driving America’s asset values shy high.

It is a tad rich that now, when the system everybody helped build  – and enjoyed exponentially – has collapsed under its own bubble thin weight, the knives re out for a few good men who made it all so, and for so long.

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“White, Blue Eyed People to Blame”: Luiz Inácio Lula da Silva March 27, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Brazilian President Calls a Spade, a Spade

Why should the poor of the earth (who are very non blue eyed and white) have to pay for the excesses of the rich?

Good question.

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Main Site Link: ScreamBucket.com


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Daniel Hannan : British MEP Heroic Speech March 27, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Speaks Up Where No One Else Will

Hannan, a member of the European Parliament, out classes Obama at delivering the goods.

The ancient art of great oratory lives!

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Ireland: Return to Hard Luck March 26, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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U2 Tower, Waterford Crystal Gone

As unemployment shoots through the ‘teens, the stoic Irish accept their lot. Great people, the Irish.

Except they hate bankers too.

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