The Bishop and the Butterfly: Murder, Politics, and the End of the Jazz Age
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Standard & Poor to Prez: "How ya like us now, chump?"

There's just no way Prez can win for losing.

He abases himself beyond all measure before the austerity gods, he does his "family around the kitchen table" schtick, he promises to shove it directly up the ass of the poor and retired, and what does he get?

All they say is "sorry, buddy, no dime for you..."

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We interrupt this revolution for a brief (80yr) message from FDR--Now back to our originally scheduled programming

DISCLAIMER: Casting about during a cash short period, I volunteered ($450) to have a PET scan as a control for an experiment involving serotonin receptor efficiency as it varies with depressive susceptibility.  Turns out that I am pathologically optimistic (150% of normal number of receptors).

I share this bit of personal data so you will know that my analyses are profoundly tainted by the same sort of strategic defects that led Napoleon to invade Russia and Alexander to try and conquer Afghanistan.

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Hear the whine, feel the rage, pull the lever: Anyone but Obama (One post partisan speech too many...)

As I struggled to hold down the contents of my stomach which churned and threatened projectile vomiting that would do any indwelling demon proud, I wished  (not for the first time, nor I fear the last) that Hillary had been just a little better at running her campaign.

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Dollar Daze-Bill Gross (PIMCO) to Wolfie, Miguelito:"Gotta spare room, homies?"

Signaling the accelerating skid of the evil empire (that would be us...), the big kahuna of bond managers is getting out of dollars and into four different currencies.

It will not surprise that hard upon the heels of  Incurious George's Excellent Mideast Adventure, the suicidal lemming rush of the  Teabaggers and their Repugnant allies is making what was once a reserve currency par excellence something of a faded glory.

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Debt Limit: Follow the Money: Fed lends bank 100 B @ .25%. Bank buys 10 yr bonds @3% Holds bonds lends hedge 500 B @ 3.5%Hedge buys 30 yr's @ 4% Treas uses 500 B to pay Fan/Freddie losses to.....Banks

Talk about *"getting paid off the top and the bottom"

Let's walk through this in some more detail, because the caption leaves out the really good part at the end, where the banks evict us from the homes on which they are being made whole by our moneyl

And they charge us big "servicing" fees to throw us on the street.

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Shorter Strauss-Kahn lesson:Video your sexual encounters--it might keep you outta jail!

Holy reversal of fortune, Batman!

A dizzying array of profoundly damaging details about the pious and hard working hotel employee who took down the head of the IMF are cascading into public view

Credibility? Shredded.

Character? Sliced and diced.

History? Shadier than one could imagine.

(I will reproduce the catalog in some detail, for those who cannot access the NY Times):

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Shoeless Eric Cantor-Betting against his own team. "Say it ain't so, Joe?" Reply: "We're tanking the economy to win in '12-why not make a little for myself?"

Pete Rose, you have been shabby did.  You got banned from baseball for betting that your team would win.

Eric Cantor needs to be banned from office.  He's a  full bore black sox player who is betting against his (our) team

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Henry McCarty to William Koch: You plutocrat sonofabitch, let go of my soul or I'll tear out your scumbag heart and feed it to the pigs. Howard Hughes reports outrage in outlaw heaven.

It will come as no surprise that Billy the Kid is my earliest hero.  Thanks to Howard Hughes' movie The Outlaw, I was imprinted with recalcitrance at the age of 3, and it has stood me in good stead ever since.

Therefor I am extra special primo outraged that William Koch, (the younger of the foul Koch duo) has come into possession of Billy's picture, for which he parted with two million blood drenched dollars (pocket change...)

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Building Abandoned. Will the last person leaving Organizing for America Hdqtrs please lock the doors.

 At his inauguration, Barack Obama was the owner of a chestful of political capital and the world's most valuable rolodex.

We know the tragic way he wasted the capital, leaving him impotent to be a player in the midterm elections.

The rolodex, the email addresses of 13 million grassroots supporters should have turned, in any intelligent machine, into the block captains of a concerted pressure group to support the administration's legislative agenda.

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Polite punks, pitiful *pussycats

(*Admit it: You were waiting for me to say "pussies"...)

We need to pay close attention to the important transaction that just occurred in Greece.  The voting behavior of the people's designated representatives was materially shifted, because the people got seriously rude with their representatives.

Likewise, the Tea Partiers, manipulated and stage managed though they were, materially shifted the voting behavior of their representatives.

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Leaked tap transcripts: Fla.Gov. Scott and top state party officials agree to push drug tests for voters

A civically minded FBI apparat has leaked transcripts of a wiretap operation left over from the days when Florida Governor Rick Scott was fixiin' to become a convicted felon.

They forgot to shut down the tap when Scott made his deal to walk on his Medicare Fraud beef.

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Prez:Sigint says Al-Q to slam dollar on default day;Cantor, Boehner, McConnell in custody for material aid to terrorists; State of Emergency

Prez says, "We  have learned that Al Quaeda plans coordinated attacks on oil facilities around the world on the day of debt limit related default, with the intention of re-pricing oil in euros a long-standing goal they share  with Hugo Chavez.  By continuing politically motivated behavior which violates their oaths of office, these men are guilty of  furnishing material support to designated terrorist organizations.

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Wherein we Abolish the Income Tax, Obviate the Debt Ceiling, and End the Deficit. Fuck Income, Tax Wealth

A truly simplified method for funding the government.  A balanced budget that Lenin could love.

Fuck income, tax wealth.

We eliminate all deficits by the following arithmetic:

Each fiscal year, we total up last year's expenditures.  (E)

We total up the combined wealth of the nation (W)

We exempt an amount equal to 200 times the poverty level (200P)

We  assess individual non exempt wealth (W-200P) as necessary to equal E.  Probably between 1 and 5%, but always exactly the amount spent.

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Check out Dawn Upshaw!

I've always liked Dawn Upshaw when I ran into her adventitiously on Garrison Keilor, or stuff, but damn, this performance will permanently wrinkle your spine from chillin'.

No surprise she has a MacArthur.  (Incidentally, mine seems to be lost in the mail, who do I need to talk to?) 

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Robert Shiller:"Look for further housing price drop...Japan style economic plunge"

Robert Shiller (He's a Yale economist, he knows more than you do...) already famous for the Case-Shiller housing cost index and for the prescient book "Irrational Exuberance", has a message for the masters of the universe, (and the remaining non-masters who are hoping to get out of their unfortunate real estate positions...)

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Gingrich: The campaign begins anew Sunday--Thelma and Louise have signed on to drive the bus...

Many of us on the left used to grind our teeth at the frequency with which Newtie (hey, that's what his mama used to call him...) was invited to the sunday morning TV follies.  That is, until he self-destructed ("Anyone who quotes me is stating a falsehood..."  Huh?) after rashly speaking the truth about Ryan's kill-Medicare budget.

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Prez: Debt bargain in December? Nah, I'm dumb as a fuckin' stump--don't blame me for current (kabuki) coming train wreck...

As we have so many times before, we find ourselves obliged to believe that Prez simply could not foresee the logical outcome of his actions.

This time, the drama requires suspension of disbelief that beggars the imagination.

Only months before having to crawl to the new repugnant majority for borrowing authority to fill a void largely resulting from the predictable outcome of their tax cutting demands, Obama studiously avoided requiring, as a reasonable quid  pro quo, that they raise the debt ceiling a commensurate amount back then.

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Schumer: "Leave the bankies alooone...."

Who will stand up for the vampire squid?  Who will speak for the scumsuckers who prey upon the life of the people?  Who could possibly defend the corrupt, thieving, rapacious parasites who brought the economy of the nation to its knees?

Fighting to free the investment banks from the (pitifully small) constraints that is Dodd-Frank, a hero emerges from among the hundred senators....It's Banksterman, and his sidekick Kristen G.

"You punish the banks, you punish us all..."

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Prez fixin' to make his bones with Ghaddafi. It ain't "R2P", it's "Better listen to me..."

As the obvious makes itself manifest even to the dimwits at the NY Times, can we help marvelling at the seductive power of the whisper heard in every presidential ear "You are the most powerful man in the world--rulers that don't kiss your ass may not be rulers for long, if you feel twitchy..."

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It's Hochul!

News 970 (public radio) outta Buffalo says Hochul has won.

Can you feel the earth shifting?

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