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Wed, 27 Oct 2021
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Why We Are Totally Finished

In A Nutshell: Corporatocracy Has Replaced Capitalism

Capitalism Fixes Problems & Preserves Democracy: Capitalism is what we should be relying on to fix our problems. Capitalism has it's own ecosystem, just like biology's ecosystem. An economic ecosystem that weeds out the weak, has parasites that eat the failures and new bacteria that evolves and grows replacements for that which failed. A system that keeps everything in balance.

The problem is we are no longer a capitalistic society. What we were taught in school is now utter and absolute nonsense. Capitalism is a thing of the past.

As outlined in "It's Not A Financial Crisis - It's A Stupidity Crisis", we created two back to back bubbles. The air out of the Tech Bubble was sucked up for fuel by our next stupidity crisis: The Housing Bubble.

Black Cat

US: Center for Disease Control study links bullying with family violence

antibullying sign
© Reuters/Brian Snyder
An anti-bullying billboard hangs on a building in downtown Boston, Massachusetts March 3, 2011.

While bullies and their victims traffic in threats, taunts and fights in the schoolyard, a report on Thursday showed those on both sides are also more likely to live with violence at home.

Violent family encounters were most common among youth who identified as someone who has both bullied and been victimized, the report said.

The association was among findings from a study by the Centers for Disease Control and Prevention, which along with the Massachusetts Department of Public Health analyzed data from middle and high school students across the state.

Massachusetts has been at the forefront of the bullying debate since the widely reported suicides of 15-year-old Phoebe Prince of South Hadley last year and 11-year-old Carl Joseph Walker-Hoover of Springfield in 2009.

The state passed anti-bullying legislation in May 2010 which prohibits bullying in school and online, and mandates school-developed bullying prevention and intervention plans.

The CDC analysis, published online in its for April 22, confirmed some well-documented associations with bullying -- an increased likelihood of suicide, substance abuse or poor grades.


Oil Crisis Just Got Real: Sinopec (Read China) Cuts Off Oil Exports


As if a dollar in freefall was not enough, surging oil is about to hit the turbo boost, decimating what is left of the US (and global) consumer. Xinhua, via Energy Daily, brings this stunner: " Chinese oil giant Sinopec has stopped exporting oil products to maintain domestic supplies amid disruption concerns caused by Middle East unrest and Japan's earthquake, a report said Wednesday.

The state-run Xinhua news agency did not say how long the suspension would last but it reported that the firm had said it also would take steps to step up output "to maintain domestic market supplies of refined oil products". Oh but don't worry, those good Saudi folks are seeing a massive drop in demand... for their Kool aid perhaps. "Sinopec would ensure supplies met the "basic needs" of the southern Chinese special regions of Hong Kong and Macao, but they also should expect an unspecified drop in supply, Xinhua quoted an unnamed company official as saying." Now... does anyone remember the 1970s?


USA: $76,000 Cover Charge to Protest

White House pool reporter gives account of Mr. Obama's breakfast fundraiser in San Francisco
© Getty Images
President Barack Obama was not welcomed by everyone at his breakfast in San Francisco.

A crowd of half a dozen protesters concerned with the Wikileaks story disrupted the Obama event at the St. Regis Hotel, with Oakland activist Naomi Pitcairn organizing the event for the group which calls itself freshjuiceparty.com; she personally paid $76,000 total for tickets for the group to gain entry to the high priced fundraiser, she told us.

U.S. Secretary of the Treasury Tim Geithnerr Takes Family Surfing in Half Moon Bay

The progressive group protested what they called the inhumane treatment of Pvt. Bradley Manning in the Wikileaks case. Their protest song - which included lyrics: "We paid our dues..where's our change?" - was sung in its entirety for Obama, who thanked them at the end of the a capella performance.

Light Sabers

President Obama heckled at S.F. fundraiser

As President Obama addressed the crowd at a breakfast fundraiser in San Francisco Thursday, he fielded some audience input that he wasn't bargaining for.

A woman in the crowd suddenly rose from her seat and said: "Mr. President, we wrote you a song," according to the White House pool report. The president attempted to quiet her, but the woman and her table of donors at the St. Regis Hotel breakfast broke into song and raised signs that read "Free Bradley Manning"--the Army intelligence specialist accused of releasing diplomatic cables to WikiLeaks. Yesterday, it was reported that Manning had been moved to a less restrictive prison following pressure from human rights groups.

The protesters said they had spent $5,000 donating to Obama. "We'll vote for you in 2012, yes that's true. Look at the Republicans--what else can we do?" they reportedly chanted.

"We paid our dues. Where's our change?" they sang.

You can watch a clip of the protesters below, via the San Francisco Chronicle:


Mystery Of Bodies Buried In French Garden: Father Was a Secret US Agent About to Testify in a Drug Case?

French police searching for a missing family have launched a murder probe after five bodies were found buried in the garden of their home.

© Unknown
The parents and their children were reported missing earlier in April
The gruesome discoveries began with a severed leg being dug up at the house in Nantes.

Then officers found the corpses, which had bullet wounds.

Officials say the bodies are believed to be those of Agnes Dupont de Ligonnes, 49, and her four children: Arthur, 21; Thomas, 18; Anne, 16; and Benoit, 13.

Xavier Dupont de Ligonnes, the father, remains missing and there are no signs of a struggle in the house.


US: Mysterious Disappearance in North Georgia

© Unknown
Amber Gerweck
North Georgia investigators are trying to find a Michigan mother, missing now for 11 days.

Amber Gerweck's parents live in Calhoun, Georgia and they spoke with their daughter on April 9th, the day she left Jackson, Michigan. But she never mentioned she was coming south.

Her father Dale Seger said, "We have no answers, only questions is all we have."

Gerweck is 32 years old and has four children back in Michigan. She also works as a data analyst in Homeland Security. The GBI is not ruling out any possibilities, but has also discovered no connection. Family friend Susan Kirkland described Gerweck as a responsible person. "Amber had a very important job and went through a lot of vetting. She would not make rash decisions," Kirkland said.


US: Man uses sheets to escape nursing home, dies in fall

© Vstock LLC
A man who tied sheets together and used them to try and lower himself out a window of a nursing home accidentally fell and died Wednesday morning in the Logan Square neighborhood on the Northwest Side.

Ramon Crisantos, 57, who lived at the Woodbridge Nursing Pavilion at 2242 N. Kedzie Blvd., woke up early Wednesday and a nurse saw him begin his normal routine so the nurse began her daily duties, according to a Shakespeare District police lieutenant.

But about 5:20 a.m. Wednesday, someone downstairs heard a noise and went to investigate. That person saw Crisantos lying on the ground, with bedsheets tied together into a makeshift rope, according to the lieutenant.

The lieutenant said it appeared Crisantos had been trying to "escape" the home by using the sheets to lower himself out of a window, but accidentally fell 10 to 20 feet.


Kyrgyzstan MPs sacrifice rams to banish "evil spirits"

Members of Kyrgyzstan's divided parliament slaughtered seven rams before their morning session on Thursday, in a sacrifice they hope will banish "evil spirits" disrupting their work.

Kyrgyzstan elected a new legislature in October in a bid to build the first parliamentary democracy in former Soviet Central Asia, a region otherwise run by authoritarian presidents.

But the fragile governing coalition has come under threat after weeks of bitter recriminations and disputes in parliament, leading a senior government member to resign temporarily.

Kyrgyzstan, which lies on a drug trafficking route out of Afghanistan and hosts both Russian and U.S. military air bases, saw its president toppled by a violent revolt last April. More than 400 people were killed in ethnic riots in June.

"We decided to resort to popular customs, in order for this building not to see bloodshed anymore," member of parliament Myktybek Abdyldayev told Reuters after the rams were sacrificed on a green lawn in front of the government headquarters.


US: Discovery of Barnes' body could yield new leads

© AP/Baltimore Police Department
After months of searches and appeals to the public, authorities confirmed Thursday, April 21, 2011, that a body found in a northeast Maryland river was that of Barnes, a North Carolina teen who went missing while visiting relatives in Baltimore over the Christmas holidays.
North Carolina teen vanished from Northwest Baltimore in December

As the desperate search for missing honors student Phylicia Barnes came to a heartbreaking end Thursday, police said the discovery of her body in the Susquehanna River could be "instrumental" in hunting down new leads in a 4-month-old case that has yielded painfully few clues.

"We're at stage one of a new phase of the investigation," said Baltimore Police Commissioner Frederick H. Bealefeld III. "Finding her body is really going to be instrumental in giving us an opportunity to bring closure to the family. ... It gives investigators a real opportunity."

The North Carolina native was 16 years old when she disappeared Dec. 28 from her half sister's Northwest Baltimore apartment, touching off the Baltimore Police Department's most extensive missing-person investigation in years.