What's Wrong With American Media?

Here is a perfect example of the complete ignorance of America being highlighted by America's pathetic small minded ignorant corporate influenced Media. Check this out.

To even insinuate that switching to energy efficient bulbs is somehow bad or a move in the wrong direction is completely insane. A "politically correct do gooder issue" is the quote from Republican Representative Joe Barton.

So why do Americans get pathetically ignorant "reporting" on an issue that has already been adopted by 400 million Europeans? Think energy companies, power companies, suppliers of power, coal / energy producers... Yea there is so much money behind keeping America in outdated pathetically old and backwards technology in every category it is not funny.

Another example of this realty is straight energy efficiency of our vehicles. In Europe the average MPG is 40.5 miles to gallon. Average! In the US it is 22.5 MPG. There are a dozen vehicles in Europe that get over 55 Miles per Gallon! Those that get 40+ include luxury vehicles and other mid-sized sedans, contrary to the message Americans are hit with by the powers in the energy industry keeping America stuck with the most energy inefficient passenger vehicles available in any industrial nation on the planet, that energy efficiency only means tiny dangerous cars. Look at one example, the Ford Focus. In the US, Americans were recently being sold the car with 9 year old engine technology while in Europe they have been enjoying a very fuel efficient version for a long time using leading edge engine technology. Read this article for example.

We are all living here in America under the umbrella of oligopolistic companies controlling 70% of what we consume in various industries while those same companies continue to fight to keep their low grade garbage on the market to boost their profit margins to the detriment of all Americans from the quality of what they buy, to the treatment of Americans like Guinea pigs with respect to our industrial taxpayer subsidized food supply, to the lack of energy efficient products which have resulted in Americans continuing to be the largest global polluters and most wasteful energy consumers to the ignorance and dumbing down of our corporate controlled media.

You would think with so many people in so many nations rising up to throw out their corrupt, lying and propaganda spewing leaders Americans would wake up and do the same. Maybe our time will come.

The Mulit-Trillion Dollar Scam

I read this article today on Marketwatch and later in the Journal about how "publicly traded" Wall Street financial companies doled out $135 Billion in compensation for 2010, over the $128 Billion in 2009. Well with nearly $2 Trillion in "non publicly traded" hedge funds and another $2 Trillion in private equity, it is safe to say the wonderful regulated and unregulated financial world scraped out somewhere around $500 Billion in "compensation" in 2010, a "recovery" year for the economy in the developed world.

So where does all this money come from? Well, most of it from the economy, um, people who put their money in the banks, retirement accounts, hand over to the profits of the oligopolies that control their access to 70% of everything they buy (and since their spending is 70% of the economy that is big money). Those are the same banks that "lost" all of their money in 2008. Of course the government (Fed, Treasury etc.) just "created" all the money again and "put it back" into the system so those financial institutions would not disappear (oh, those poor citizens will be paying interest on this "created" money for like a millenia). But what if they did disappear? Then surely people would be asking questions like, "Where did all the money go?"

It baffles me TO NO END why Americans are so stupid to not ask this question in the first place. Why, they are completely ignorant of the economic system that they live under, the economic system that allows them to go to the grocery store, buy a computer, drive a car, earn money etc. They just look at their 401k statement and see they lost tens of thousands in value but NEVER think if they multiplied that by millions of people and all that "wealth" disappeared, it must have gone somewhere. Now they may be looking at those same statements and be saying, "The money has come back." But do they ever think "where did the money come back from?" Could the money have just re-appeared?

My conservative estimate is that from 2002 - 2010 somewhere around $3.2 Trillion dollars has been "removed" from the financial wealth of average people in the US and other conned countries by these "financial" institutions, regulated and un-regulated alike. Do the math. Think about it. (Then add the $1.5+ Trillion their ignorant government has "spent" on frivolous "wars" against people who live in mud huts)

This very good article I also read today from Caixin Online is a very good article in many ways. Mostly in its basic description that we have a completely dysfunctional financial system right now. The regulated, unregulated and federal financial institutions are all completely dysfunctional. Money has for some time now NOT flowed to productive uses in developed nations (esp. the US) but to asset chasing schemes, and these schemes all function like one giant casino. But, nobody really understands this that I know or speak to on a daily basis, nobody!

The collapse of a few nations' governments this year will start a snowball effect that if nothing else, should wake people in the developed economies up to the fact that even though they do not live under brutal dictatorship regimes, they still live under brutal economic criminals who have stolen their future, with their government's blessing, and when they are banging on the door of their local banks trying to get their worthless money out while a tiny regiment of people are parading around in guarded steel boxes with seemingly no connection to the hardships they are going through, maybe, just maybe they will wake up and overthrow their governments to.