Saturday, February 27, 2010

SHOTS IN THE DARK

*** The MEMPHIS POLICE Department is having a hard time . The cops want to lock up the criminals but it turns out the bad guys are other cops .

I bet there have been at least 10 officers arrested in the last month. Police going to jail for accepting bribes , extortion, & other crimes .

Director Godwin has promised to arrest anyone involved . So it looks like the cops will be arresting each other for a while .

*** Democrats & Republicans are going to destroy this country . Neither group can tell the truth about health care .

A political party is out to get all it can for its members .They are not interested in the greatest good for the greatest number .

Our democracy worked fine until the lobbyist found they could buy votes & get the law the way they wanted.

Term Limits would help prevent professional politicians from ruling for their own gain .

*** Who had the ideal for the USA to become a debtor nation ? I know every nation can not have a positive balance of trade but you had better be certain your nation does .

We are in hock up to our ears to China . If Big Red calls in markers & we can't pony up what does that do to the world economy ? Remember the Japanese could not conquer Pearl Harbor so they bought it.

*** Why are banks in trouble? The Reserve System which made them successful is now working against them .

The Reserve System allows the bank to loan 12 dollars for every dollar the bank holds in reserve . The old banker can collect interest on 12 dollars when he only had a buck to loan .

Sweet Deal Huh ! Only way things can go south is if you have a lot of defaults. Then the bank is on the hook for 12 dollars with only a dollar to back it up .

See all the defaults & foreclosures are 12 x as bad as we thought . OUCH !!!

THANK YOU FOR READING !


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