McCain Wants Ballmer For His Cabinet
While many people jumped all over presidential hopeful John McCain's wrong-headed view on network neutrality, few noticed his infuriating love for Microsoft. "[T]he 70 year old presidential hopeful also said that he would ask Microsoft CEO Steve Ballmer to serve on his cabinet to deal with technology issues if elected. He did not however say what position Ballmer might be hired in, but did joke that he might consider him for a diplomatic position, such as ambassador to China."
McCain was once a Republican I could vote for: His own man. But a few years ago he became little more than a lapdog for the RNC. Makes you wonder what kind of dirt they have on him. He's not White House material. Once maybe, but not anymore. Not because I think he's become crooked, but because I think he's become weak.
He is old, and he would be the oldest President if he won and he also supports the unpopular Iraq War. If Fred Thompson enters the race which is just a formality now, there will be no chance McCain will grab the Republican nomination.
You act like John McCain made it up. It's actually an old parody cover that came out of the Iran hostage crisis of 1979.
By the way, I thought it was kinda funny.
Err... Balmer is the CEO of a convicted criminal corporation.
In a country where convicted criminals can lose the right to vote, you can also go to the White House for being one? That's not really something that can be explained in english without getting into some kind of semantic Moebius loop, can it?
Assorted stuff I do sometimes: Lemuria.org
If Balmer wanted to be a politician he could run for President himself, he is a vastly more credible candidate than the rest of the Republican field to date.
Romney is running against the state he was governor of, openly attacking liberals for holding the views he claimed to hold five years ago, another flip flopper.
Worst flip flopper of all is Giuliani, he was for terrorism before he was against it. Back when he was running for Major of NYC it was convenient to pander to the expat Irish vote by supporting the IRA. So Giuliani was a regular fixture at Sinn Fein and Noraid fund raisers. In 1994 he gave a 'humanitarian award', the Crystal Apple to Gerry Adams, who blew up a shopping mall 18 months later.
Thompson is busy hiring staff embroilled in the worst Bush administration scandals. And Ron Paul will have been drowned in the slime generated by the administration noise machine long before the primaries.
What is particularly disgusting about this crew is the snearing contempt they have for anyone who does not share their exact views. There were plenty of people who understood what the Iraq war was almost certain to become, it was not even a close call if you knew the history of the British occupation. Put one of those people in charge, not the blind sheep.
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Try http://dotcrimeManifesto.com/
And deflation is bad because?
Deflation increases the value of money. That can be a good thing or a bad thing, depending on who you are. For wages, deflation increases unemployment, because the real price of labor goes up. The same is true in reverse, inflation increases employment because real wages go down. However, from an economic point of view, nothing has changed. Increased employment through inflation is essentially reducing the wages of those who are employed and giving it in form of new jobs to the unemployed.
Another claimed "negative" side of deflation is that if you have borrowed money, the real amount you end up paying grows as the value of money increases. With inflation your debt decreases the more inflation eats the value of money. Obviously this causes problems in a central bank-run monetary system. Which however isn't an argument for paper money, but is an argument for letting the market decide what the rate is. In periods of great inflation, this would cause high interest rates, and in periods of deflation, the interest rate would be zero, and in some cases negative.
Oh my. The awful price revolution, where prices increased sixfold in a period of 150 years. This is obviously why paper money is superior to a gold standard!
Do you know how much a 1966 dollar is worth today? 6 dollars. That is the same sixfold increase in prices, in a period of 40 years, and that's for a relatively strong fiat currency . To make an apples to apples comparison, we need to compare the price revolution to a similar case of extreme growth of money supply. A good example would be Germany, from the year 1914-1924. During this time period, the prices in German papiermark grew an incredible one trillion times!
Compared to the horrors of paper money, a gold standard is rock solid. Such stability would increase the predictability of the economy, and would benefit almost everyone. There is one huge problem with moving to a gold standard however. Losing the power to inflate, means that the US government would have to pay for military expenses through taxation, instead of just borrowing money from the Chinese and inflating the debt away. If the people actually saw in their taxation how much it all costs, the empire would dissolve overnight.
An excerpt:
And something more current regarding Halliburton's current relationship with Iran."The slave who knows his master's will and does not get ready...will be be beaten with many blows."Luke 12:47-48