I don't suppose there would be any issue from PW if Eshelman was a flaming liberal and I don't know how you could have seen it coming. It's rather surprising, if you asked me, but you didn't.
Have you examined the pedigree of the other trustees on the board of governors? Isn't Frank Daniels, Jr. on the board? Perhaps Eshelman will be an appropriate counter balance.
Even with Erskine Bowles' tenure of cost cutting, the school system is bloated from the top down. This is a right to work state, but that doesn't mean everyone has to work for the state.
The real problem is federal deficit spending, and these will be austere times from now until the foreseeable future. There is a right way and a wrong way to resolve the issues facing our society. I don't see how appointing a highly successful and highly respected individual to what is a nominal position can be anything other than good for the university system and the citizens of this state.
It isn't a take over, Chris, it's called taking back.
The Progressive Pulse – Top of the morning
Thursday, March 17, 2011
Tuesday, March 15, 2011
The Progressive Pulse – Federal decisions on budget will compound state budget woes
These cuts make little sense when you consider the Federal deficit was $242B last month alone.
The aggregate of State’s budget deficits over 3 years is $278B, while the federal deficit over the same 3 year period is $2.4T.
Somehow, the federal deficit has to be contained, and like all other government cuts, it starts with services instead of high paying salaries and positions. It would seem fewer of these high paying positions would be needed to provide fewer services.
No, the fix for our economy is less taxes and less spending, not more. Like a cancer, the only question is whether the patient can survive the cure. But like a cancer, we treat it or the patient dies anyway.
The Progressive Pulse – Federal decisions on budget will compound state budget woes
The aggregate of State’s budget deficits over 3 years is $278B, while the federal deficit over the same 3 year period is $2.4T.
Somehow, the federal deficit has to be contained, and like all other government cuts, it starts with services instead of high paying salaries and positions. It would seem fewer of these high paying positions would be needed to provide fewer services.
No, the fix for our economy is less taxes and less spending, not more. Like a cancer, the only question is whether the patient can survive the cure. But like a cancer, we treat it or the patient dies anyway.
The Progressive Pulse – Federal decisions on budget will compound state budget woes
Sunday, March 13, 2011
YOU TOO CAN LIVE IN A TENT CITY « The Burning Platform
Opinionated, please don’t blame our current predicament on Obama! We’re in a systemic rut facilitated started oddly enough, by Reagan, although some like to point back to Nixon. There’s no difference between Republicans and Democrats in this saga. It will all have to come crashing down to change it, and not necessarily for the better.
We’re a nation that has stood for well over 200 years and seen unbelievable change just in the last fifty years. Wealth disparity will drive what JQ likes to call the fourth turning. Domestic pressure at home and an exponentially exploding federal deficit will force QE to infinity. Maybe it will work, but it will require every other country in the world to accept worthless $ bills as hard currency.
The longer the status quo is maintained at the top, the higher the level of misery will be at the bottom, until the wealth disparity is addressed. Good luck getting any of the beneficiaries of the current system to comply. The corollary to extend and pretend is that charitable agencies are being stretched to the breaking point.
YOU TOO CAN LIVE IN A TENT CITY « The Burning Platform
We’re a nation that has stood for well over 200 years and seen unbelievable change just in the last fifty years. Wealth disparity will drive what JQ likes to call the fourth turning. Domestic pressure at home and an exponentially exploding federal deficit will force QE to infinity. Maybe it will work, but it will require every other country in the world to accept worthless $ bills as hard currency.
The longer the status quo is maintained at the top, the higher the level of misery will be at the bottom, until the wealth disparity is addressed. Good luck getting any of the beneficiaries of the current system to comply. The corollary to extend and pretend is that charitable agencies are being stretched to the breaking point.
YOU TOO CAN LIVE IN A TENT CITY « The Burning Platform
Thursday, March 10, 2011
Governments Are About To Lose Control « The Burning Platform
The real problem is Federal deficit spending, inflation or not, deflation or not. Whether the Fed is willing to admit it or not, inflation is the only way to sustain exponentially expanding levels of federal spending. $223B of deficit spending in February? Who's kidding who?
When QE ends, by some reports as early as June, all hell is going to break loose with a fury and a vengenance. Regardless of who or what is running the country, multinational corps are still going to be around and wielding a lot of influence. Government produces nothing, and will need private enterprise to provide infrastructure, unless the end game is a statist society. More likely it's the insatiable greed of the oligarchy that's driving spending levels higher and higher.
There's no question we're in for the mother of all corrections as government spending winds down. The oligarchy versus the free shit army, with what's left of productive society caught in the middle. Stay tuned for replays of Wisconsin, Atlanta and New Jersey as declining levels of social spending translates into not so civil unrest. The next few months are going to be interesting as states grapple with budget deficits. Unemployment will increase as federal spending contracts, placing even more stress on state's budgets. The only hope for state and local governments is to wind down all but essential services. Even then it may be too late as the beast that has become our federal government continues to consume and devour everything in it's path.
Governments Are About To Lose Control « The Burning Platform
When QE ends, by some reports as early as June, all hell is going to break loose with a fury and a vengenance. Regardless of who or what is running the country, multinational corps are still going to be around and wielding a lot of influence. Government produces nothing, and will need private enterprise to provide infrastructure, unless the end game is a statist society. More likely it's the insatiable greed of the oligarchy that's driving spending levels higher and higher.
There's no question we're in for the mother of all corrections as government spending winds down. The oligarchy versus the free shit army, with what's left of productive society caught in the middle. Stay tuned for replays of Wisconsin, Atlanta and New Jersey as declining levels of social spending translates into not so civil unrest. The next few months are going to be interesting as states grapple with budget deficits. Unemployment will increase as federal spending contracts, placing even more stress on state's budgets. The only hope for state and local governments is to wind down all but essential services. Even then it may be too late as the beast that has become our federal government continues to consume and devour everything in it's path.
Governments Are About To Lose Control « The Burning Platform
Monday, March 7, 2011
Many Foreclosures in Oregon Halted Due to Decisions Against MERS « naked capitalism
Even if this doesn’t bode well for banksters, what does it mean for the health of banks and the overall economy? It may actually help as the economy continues to deteriorate that banks aren’t able to evict people from their homes, but it also means these homes are now unable to be sold, except under a clouded title.
There will need to be a national consensus about how to resolve title, and I’m sure the banks are lobbying the states Attorneys General hard to preserve title as security. As I understand the problem with MERS is the note was transferred, while the collateral interest was not. Does this mean that the loan underwriter owns title?
Also, Fannie Mae and Freddy Mac guarantee 97% of these loans, who would be able to make a claim in the event of a default?
If the dollar collapses, the promissory notes don’t disappear, they would be converted into whatever replaces the dollar, and the debt is still owed. Even in the event of a societal collapse, and we return to a standard of living that resembles the 19th century more than the 20th, there is still a County Register where these notes are recorded. Clearing title is going to be an issue, almost any way you look at it.
Many Foreclosures in Oregon Halted Due to Decisions Against MERS « naked capitalism
There will need to be a national consensus about how to resolve title, and I’m sure the banks are lobbying the states Attorneys General hard to preserve title as security. As I understand the problem with MERS is the note was transferred, while the collateral interest was not. Does this mean that the loan underwriter owns title?
Also, Fannie Mae and Freddy Mac guarantee 97% of these loans, who would be able to make a claim in the event of a default?
If the dollar collapses, the promissory notes don’t disappear, they would be converted into whatever replaces the dollar, and the debt is still owed. Even in the event of a societal collapse, and we return to a standard of living that resembles the 19th century more than the 20th, there is still a County Register where these notes are recorded. Clearing title is going to be an issue, almost any way you look at it.
Many Foreclosures in Oregon Halted Due to Decisions Against MERS « naked capitalism
Sunday, March 6, 2011
What is your teotwawki/shtf scenario nightmare and why?
Quote: Originally Posted by NDS
"I'm in the middle of it right now -- awake and in real life."
How so, unemployment? Yeah, that would bite!
That's the real kicker, we live in an interdependent society. When government pays people to have babies, they have babies. When they pay them not to work, they don't work.
The mentality becomes, "where's my handout?", and when there is none, then we get mad. The difficult part to accept is we've off shored our middle class, resulting in wealth accumulation at the top.
Which brings me back to my original reply. My concern is more about long term economic prospects for our country, than short term or intermediate crises precipitating civil unrest or violence. I have the will and the means to defend myself using deadly force, if necessary. I'm not able to compete, however, with forces that are beyond my control. That was supposed to be the purpose of our democratic process, which was usurped by politicians borrowing $$ from future generations to buy votes, and sticking not only to this generation, but every person who will ever have the misfortune to be born into this world.
How does it end? Only God Almighty knows. We know that God tells us in his Word that the end of the Devil and his anti Christ is the lake of fire. But there is a lot that has to happen in between, with a lot of trial and tribulation. One can only hope in the return of the Lord. "Amen. Come, Lord Jesus!" (Revelation 22:20b ESV)
What is your teotwawki/shtf scenario nightmare and why?
"I'm in the middle of it right now -- awake and in real life."
How so, unemployment? Yeah, that would bite!
That's the real kicker, we live in an interdependent society. When government pays people to have babies, they have babies. When they pay them not to work, they don't work.
The mentality becomes, "where's my handout?", and when there is none, then we get mad. The difficult part to accept is we've off shored our middle class, resulting in wealth accumulation at the top.
Which brings me back to my original reply. My concern is more about long term economic prospects for our country, than short term or intermediate crises precipitating civil unrest or violence. I have the will and the means to defend myself using deadly force, if necessary. I'm not able to compete, however, with forces that are beyond my control. That was supposed to be the purpose of our democratic process, which was usurped by politicians borrowing $$ from future generations to buy votes, and sticking not only to this generation, but every person who will ever have the misfortune to be born into this world.
How does it end? Only God Almighty knows. We know that God tells us in his Word that the end of the Devil and his anti Christ is the lake of fire. But there is a lot that has to happen in between, with a lot of trial and tribulation. One can only hope in the return of the Lord. "Amen. Come, Lord Jesus!" (Revelation 22:20b ESV)
What is your teotwawki/shtf scenario nightmare and why?
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