Will Puerto Rico be the next Detroit or even Russia or Argentina?

Will Puerto Rico be the next Detroit or even Russia or Argentina? Puerto Rico is heavily into debt,indeed,it's third largest Muni market in U.S only the states of Cal. and New York are larger.One different from Detroit is much smaller market.But worries,or should worry investors is Puerto Rico doesn't have many natural resources,which isn't true with Russia or Argentina and yet despite being rich in natural resources both countries defaulted.
A Brazilian billionaire looks like he will default,or his oil company and steel company.
The economy seems to be going nowhere not up,but not down FED is still buying bonds crazy.
On Fox business news the crazy judge on the Englishman's show is full it,stating Virginia has been Republican State for fifties years.First it ran by the Byrd machine,old Harry Byrd had tight reign on the Old Dominion.Byrd was old fashion southern Democratic,not tune with Democratic party nationly.In 1969 the first Republican Governor was elected since Reconstrution Linwood Holten,a liberal Republican especially on race.Virginia has since gone back and forth between Democatic and Republican.

Panama Canal expansion could mean boom for Eastern ports.

Panama Canal expansion could mean boom for Eastern ports.At least the Port of Miami hopes so,for spending a billion dollars in updating the port,dredging(making the port water deeper for larger ships) and other things.The ports of Norfolk and Baltimore are expected to benefit the most from Panama's expansion,New York Port well water is deeper enough the Goethal bridge will have to raise and other improve most be maded and hope there policial will to do job;after all,what made New York is it was and still is port town,trade follows commerce lead to finance banking and Wall Street made the City a world force.
A curious thing George Washington Goethals was one main engineers of Panama Canal,indeed,he was governor from 1914 to 1917.He also built the Goethals bridge.He died in 1928 one America's great engineers.
All commerce active in Eastern part the U.S should good for railroad CSX,a favorite stock my for they for Norfolk Southern are just about only two railroads in Eastern U.S
Market went up today FED Open Market Committee seem likely to continue bond purchases,hence, more money in system,more money to buy stocks.

Joe Lhota a other Robert Moses?

The polls(oh those polls we love them when they agree with us,but when they go opsite direction we dismiss them and while they aren't always right if they all are in same direction they are usually right)
Joe Lhota headed for epic defeat, maybe one for the record books.Yet Joe Lhota has accomplish much as a back room room operator in government,indeed,his tenure at M.T.A where after superstorm Sandy,he got system up and working in a few days,a remarkable accomplish and of course he was Rudy Giuliani's right hand men.
Where does Moses fit in ? No,not that Moses but man who thought he was Moses.I mean,Robert Moses the ultimate back room operator.I mean,there are some similarities between Lhota and Moses:both were Republicans,in a place where Republicans are seem as aliens,both ran office and got clobbered(Lhota is week away from clobbered but it looks like sure thing)Mores ran for governor of New York in 1934 against Herbert Lehman;both had mentors,in Moses case Alfred Smith(when Moses ran for governor as Republican,he was called an Al Smith Republican) in Lhota's case Giuliani,and both were very power movers are shakes behind the scenes.
Of course,Moses at least until this point was much larger player,indeed, a man who casted large shadow in Empire State which is fitting for Moses had an Empire ego.Perhaps from 1930's until late 1950's not person had more power in New York then Robert Moses.Yes, although unelect he had more power than mayors or governors of New York.His downfall was trying to built thruways thru Manhattan,but meet resistance especially from Greenwich Village,and resistance for once was successful,indeed,it in a way,lead to the preservation movement

When people say Social Security had the same problems rolling out as Obamacare they're lying.

When people say Social Security had the same problems rolling as Obamacare they're lying.Social Security existed quite few years before any payouts went into effort,indeed,the act was passed in 1935,it took a few years for government to set up payroll tax deduction,and there is no payouts until 1942 when the first payment 22 dollars was maked,plus no federal workers and most state and local worker were exempt from Social Security(for example workers for New York City were exempt from Social Security until city almost went broke in 1970's,Federal workers were exempt from Social Security until the 1980's.)
By the way,the original idea of Social Security wasn't an old age pension,but rather way to get out the depression.The idea come from unemployment dentist Francis Townsend.His idea was made people retire at 60,in exchange they would get 200 dollars a month,but they had spent within a month.The plan would finance by a national sales tax of 2 percent.Townsend saw Social Security has sell out to his idea,indeed,he support a third party candidate for President in 1936.He supported a former Congressman from North Dakota William Lemke,who close to non-partisan league which believe in nationalizing Elevator gain and isolationist in foreign policy.It was Union Party which created for Hucy Long but he was assassinated in 1935. 

MSNBC is dangerous

MSNBC is dangerous,I just one there promos lean forward,a young Black women,I think last is Perry(I'm no relation to the Governor of Texas) and she said pretty outrage basically saiding children belong to the State,or as she put the collective,rings of Naziism and Communism.She basically said we shouldn't think children are ours(well children are individuals but when young it's parents that guide them and take care of them,hopefully when grown up they think for themselves and not become pawns of the state like Ms.Perry wants and MSNBC it ain't leaning forward it's losing soul of person for the collective)no she want children to be soldiers in this stupid class warfare fight.This is not society justice this insanity.Boy do we problems in America for Right is stupid and Left is evil.

Is Ted Cruz doing a partial birth abortion on the Republican Party?

Is Ted Cruz doing a partial birth abortion on the Republican Party? For G.O.P was gaining ground in the polls before Cruz went on his unholy crusade to nowhere.And public turned against the G.O.P yeah people are scared about Obamacare,but they hated the government shutdown.Cruz keeps saying his with people,oh really lets see the people voted for Obama,they voted for Democratic Senate,and while it's true the House remain in Republican hands,if wasn't for gerrymandered district the Democrats would win House for more people voted Democratic than Republican in the Houses races.
You constantly hear Ted Cruz and Right Wing radio talk show host say the people support them,however,the Right loses election after election.These people suffer from what call the lady Astor effort.Lady Astor was American who marry a British aristocrat William Waldorf Astor.Lady Astor was second women elected to parliament  and first to take seat in House of Commons in 1919.She was known for her interest in social problems especially temperance and women's rights.She was also a leading member of the notorious pro-Appeasement Cliveden Set(Cliveden was home of Lady Astor where people who favored Appeasement would meet,of course,this all abruptly ended when Hitler invaded Czechoslovakia.Members of group were Halifax,foreign secretary,Geoffrey Dawson,Editor of the Times and many MPs).Anyway Lady Astor was Right-winger who visited America in 1936 and she told friends she was sure FDR would lose his re-election bid because spoke to at least 500 people and none would vote for FDR.The trouble is her contracts were those from upper middle class whose taxes went throught the roof.
Now malfeasance on the Left,watch Bloomberg T.V this morning had Nouriel Roubini on and he said something quite true,he said paid attention more to people you disagree with the problem is he follow by Mr.Bowtie(Tom Keene) who will never forget libeled Paul Ryan by saying Ryan was opposed to cutting entitlements,when nothing could farther from truth.I mean Democratic make much sport of Ryan pushing an old lady,in wheelchair down cliff.And a Republican Economist Glenn Hubbard let Keene get away with his lies,indeed,he sat there like dummy.And then Keene add injury to insult by saying Paul Krugman was for cutting entitlements,what nonsense and a lie!

Who was winning in government shutdown?

Who was winning in government shutdown? The answer might surprise you.For it was John Boehner(the saner)who saved his speaker,by letting fools have there way,other words he used the strategy give your opponents enough rope and they will hang themselves and is what Tea Party people did,they took Ted Cruz's foolish concept of shut down government unless Obamacare is defunded.Now think stupid this idea was,how was non starter from beginning for guy who have sign to it was named Obama and he wasn't about to defund Obamacare,but idiots from Tea Party bought into it,but soon learn that it was losing proposition just like Boehner said,but like little children they had learn the lesson the hard way.Now Boehner can deal with Obama in rational way and win points with public to keep his majority in the House despite Ted Cruz's effort to lose the House to the Democrats.

Empty words from empty minds

Empty word from from empty minds.There has been much thunder on Right,but actions have been so wrong,leaving the Republican Party twisting in wind.And it's cold wind blowing for Right because foolish of people like Ted Cruz.The Right-wing radio talk show hosts are either being dishonest with audience or lying to himself when talk the tall trail that American people want a government shutdown and people behind.They tell their audience don't believe polls that the American people blame Republicans for shut down and that American people hate the government shut down,but these same clowns of air wave use the poll to tell people that American people don't like Obamacare.You see to these people when poll agree with them they are accurate,but when they sing a different song it's conspiracy.I heard Mike Gallagher say the American demand to confrontation! Oh really what bases does he made that conclusion that fits what audience wants to hear? And what about his audience is the base? The base all guys to talk that never seems to show at poll? This base that no matter what G.O.P does is never satisfied,reminding the Clinton impeachment,after the G.O.P impeach Clinton with great public disapproval this base called radio talk shows saying cowardly Republicans,and in off year where the out power party should gain seats in the House,Republicans lost seats and almost lose the house by trying please this base.Yet same voice support Ted Cruz crazy antics even when it shown to backfire,instead admitting a mistake these empty double down on support this foolish strategy.

When the headless radio voice or talking heads say this is worst of times there full it.

When the headless radio voice or the talking heads say this is worst of times there full it.Today and last few days you heard much talk about Congress being dysfunctional and people can work together and worst of times, as far as, parisen bicking and temperature in WAshington of passions are running at all time high.What nonsense,perhaps people need a history lesson today Washington passions are far more in check then days of your.All one has to do,is think(if that doesn't lead to headaches)back just before Civil War(talk about time America was divided) when a Senator from Massachusetts Charles Sumner was almost caned to death by Preston Brooks.
It all had do with bloody Kansas(the Kansas-Nebraska Act) which dealt with spread or limiting slave states,which lead to Civil War.On May 19-20 Sumner delivered scolding speech againt the Kansas-Nebraska Act. called "The Crime against Kansas."A master of invective,he single out as his special victim Senator Andrew Pickens Butler of South Carolina,who was not there to reply.Two days later Sumner was almost caned to death by Preston Brooks,Buller's nephew.Brook's action caused outrage in the North but in South many saw him as a hero.Strangely,Brooks would died,suddenly and unexpectly just short after the incident from throat infection(perhaps wrath of God).Anyway,he was given a hero's funeral in South Carolina,which outraged the North and was precursor to the Civil War.   

In a way who was founder of Israeli Military?

In a way,who was founder of Israeli Military? Would you believe me if I said a British Army officer?
But it's true, Orde Wingate is British office in question.Orde Wingate was interesting man to say the least,he came from distinguished military family and he was distant relative of "Lawrence of Arabia" (T.E, Lawrence)also man that played a larger then life role in Middle East politics.Wingate was educated at Cherterhouse and Woolwich Military Academy.He sevved in Suden before going to Palestine on special duty.It was in Palestine were his unique talents come fruition.For Wingate wasn't traditional military thinking,indeed,he was creative man who could think outside the box.Wingate was Christian Zionist,who trained large squads of Jewish youth in military tactics and work closely with Jewish leaders.It was in Palestine that Wingate first used guerrilla tactics against Arabs attempting to cut the Haifa pipeline.
His Pro-Zoinist actives were too much for British authorities,hence,in 1939 he was force to leave Palestine,however,he did leves behind a very able student named Moshe Dayan.
Wingate's next claim to fame took place in World War Two,where developed Chindits(guerrills fighter in Burma.)He would died in Plane crash in 1944.
A colorful personality and an unorthodox campaigner,Wingate demonstrated the effectiveness and practicality of jungle guerrilla warfare by Western troops.Something that has been forgot today and boy do we need somebody like Wingate to lead us on the war against terror.

Today in history John F.Kennedy just might lead us into Vietnam.

Today Oct. 11 in 1961 John F.Kennedy(JFK) announced he was dispatching General Maxwell D.Taylor to South Vietnam.Taylor,JFK's special military advisor, conferred with President Ngo Dinh Diem and South Vietnamese and U.S military officers, Oct.15-25.After  hearing Taylor's secret report,Kennedy assured Ngo of continue U.S assistance on Oct.26 1961.
On 2/14/1962 JFK stated U.S training mission in South Vietnam instructed to protect themselves if neccessary,but were "not combat troops in the generally understood sense of the word"The U.S Military Assistance  Command had been announced, Feb. 8 which the defence department said demonstrated American determination to prevent a Communist takeover of South Vietman.
A Left-wing libertarian name Walton wrote boo many years ago called"Cold War and counter revolution" basically it said Vietnam was JFK war and many his aids were super hawks until the accent change in White House to Southern then these man of no honor turned against the war.

Monica Crowley and her fanatic cohorts on the Right are living fantasy island

Monica Crowley and her fanatic cohorts on Right-wing media are living fantasy island.I heard Monica the reason why polls show most people blame Republicans for the government shutdown is base is unhappy with because they're not tough enough.What nonsense! It's bad enough to do what Ted Cruz,lie people saying he could defund Obamacare,I'M sorry that was never cards,it was fool's errand that would go no where and make Right look bad.But worse than what Cruz is lying to one's self,and that's Monica,Rush,Hannity are doing by believing Ted Cruz did public service instead of harming the political processes.The Right start winning election when stop all losing talk,like pleasing base(that doesn't exist),talking Republican not message out,Republican not standing to to Democrats,which isn't true,and saying there RINOs in G.O.P isn't true.

Will calamity Janet join the rogues gallery?

Will calamity Janet(Yellen) join the rogues gallery? FED has had some interesting characters as Chairman.There was Eugene Meyer,chairman of FED from 1930 to 1933.He was Woodrow Wilson believer,it was in War World One that after very successful business career Meyer become a dollar a year government official as director of the War Finance Corp. Undoubtedly became an admirer of Herbert Hoover,who strangely enough just like F.D.R was in a way,a political child of Wilson.
Anyway Meyer became Hoover's point for economy in the depression,not only FED Chairman but also organizing the Reconstruction Finance Corp and became its first chairman.Left government when F.D.R became President,thought he treated Hoover shamefully.Bought the Washington Post(family recently sold it) and 1946 President appointed him first President of World Bank.
Marriner Eccles chairman of FED from 1934 to 1948 was a Republican,Mormon and one riches man in West.Yet he was most Left-Wing radical person to Chairman of FED.He believe in huge government spending and taxing heavy the wealthy.He give FED more power by creating the Open Market Committee(it became into effect with the Banking Act of 1935).Truman fired him as Chairman in 1948 although he stay on board until 1951.He didn't trust Truman to kept New Deal Economic program.
William Martin chairman from 1951 to 1970.His father was one the author of the FED.Martin was first paid President of NYSE.Work in Treasury during Truman Administration then Truman appoint him to the FED as Chairman.One more successful runs until in 1966 when inflation began raise it's ugly head.Nixon blame him for his defeat in 1960 because tight money policy.Nixon fired him in 1970.
Paul Volcker chairman from 1978 to 1987 the inflation tainer maybe best of FED Chairman him and President Reagan took us of darkness and hopeless of 1970's into bright world of low inflation and high growth.

U.S Debt never to pay off.

U.S Debt,much talk,much nonsense talk but it might never be paid and that might not be a bad thing.For only year the U.S was debt free was 1836 and in 1837 there was panic of 1837,in worst depression in American History,it last six years and hit the South and West particularly hit.The actual cause was cotton prices fell 50 percent which cause a panic in banking system,New York Banks already the financial center of the country suspended payment in specie and banks in rest of country follow,hence, shortage of money.Made Martin Van Buren a one term President although maybe Andrew Jackson was to blame.
Of course,it was foreign debt mainly to Britain that made founding fathers realize that the Articles of Confederation wasn't working and if republic was to survive a national government was needed,hence,the Constitution was created and although Constitution was brainchild of James Madison the driving force for national government was a brilliant Scottish bastard Alexander Hamilton.If debt hadn't paid off to largely British merchants they would been chance Britain over army to refight the American Revolutionary war.But maybe not the public in Britian was war wary,Britain was fighting many wars at time and public had it's fill of those unruly Americans.

Did Ted Cruz throw the baby out with bath water? And does one make money when there is blood in the street?

Did Ted Cruz throw the out with the bath water? Cruz says,I think defendly,for now atics seems to have backfired ,as anyone with brain know they would, that did because goal of democrats is for Obamacare to fail so we can go on single payer system,hence,destroying the private health system.But what good is save the private health system(which really-something foreign to Ted Cruz-the system isn't all that private,for in U.S.A there is Medicare and Medicaid both government programs) is all system collapses because default on U.S debt?To win the battle but lose war is fool's game unfortunately Ted Cruz and the Tea Party fall into trap far too often!
Lord Rothchild once said,"fortunes are made when there is blood in street'.Obviously Warren Buffett pick up on that wisdom,for front page headline in Wall Street Journal,"Buffett's Crisis-Lending Haul Reaches $10 Billion." Back 2008 in finercial crisis when world seem to disintegrate and hearts stop beating in Wall Street,indeed,panic set in and word of day was sell,sell but Buffett bought and lend money in a time great gloom but gloom after is often  follow by boom.

Today there are no RINOs in Republican party

At least for last twenty years or so there are no RINOs in Republican Party.Despite what Rush Limbaugh and his mucky cohorts on loud mouth talk radio say the days of Fiorello La Guardia and George Norris,Hiram Johnson real RINOs are long gone.Take La Guardia yes he ran for mayor as Republican,and for Congress except in 1924 when party Sam Koeing refuse the G.O.P for La Guardia , the little flower ran as Socialist that right socialist,was what he was,and just about never support a Republican for President or any statewide office. 
George Norris U.S Senate from Nebraska rarely supported Republicans for,indeed,he even supported Al Smith in 1928.For Norris was something of Socialist,a great believe in public power,indeed,TVA was brainchild,also strong support of nationalizing elevator gains and price support for farmers.But foreign he was very much isolationist.
Hiram Johnson as Governor of California become an enemy of big business and in particular the Southern Pacific Railroad.A bigot against the chinese.Left the G.O.P and become T.R's ranning mate on Progressive ticket came back to G.O.P and first supported Republican President but broke with Hoover and become a New Dealer while still in G.O.P Was strong isolationist,indeed,only one three Senators who voted against the U.N

Does the ghost of Joseph McCarthy and Richard Nixon appear in Ted Cruz?

Does the ghost of Joseph McCarthy and Richard Nixon appear in Ted Cruz? While Nixon and Cruz appear on underside of life grubby little men who come from nowhere,unlimited ambition there is a difference Nixon was smart,Cruz is a moron.Yes,both McCarthy and Cruz are stupid bullies,however, McCarthy was right and had goal,communism was threat to America,many Soviet spies in America government,Harry Dexter and Alger Hiss come to mind,but McCarty had right message but he was wrong messenger too much the bully bore maybe the same true of Cruz.

Happy talk is fool's game.

Listening right-wing media one hears much happy on how Republicans are winning the government shut down.Happy talk is fool's game and biggest fool is Ted Cruz and even bigger fools are people that belief Ted Cruz when said he get rid of Obamacare.Well can't get rid Obamacare when guy that has sign on to it is called Obama.This just plain common sense,Cruz strategy was flawed from starts yet egg on by most Right-wing media you know Rush company who care little about the conservative movement and less about G.O.P and driving by rating for their pocket.Look you may think Obamacare is worst thing to happen since getting a free on the Titanic,but not going to get rid by shutting down government.Simply the G.O.P doesn't have numbers to repeal it and you can thank the Tea Party for that in Senate anyway because they often support stupid candidates over electable conservative candidates.

Was John Kennedy a Right-winger?

One of great myths of American history is that John Kennedy(JFK) was man of the Left.It simply not true,indeed,if you take a look at his two most famous movements in his Presidency,his Inaugural speech and his speech in West Berlin,one could argue was a man of the Right!
JFK's inaugural speech best know line was:"My fellow Americans,ask not what your country can do for you-ask what you can do for country." Well isn't called for patriotism,or if you will nationalism? It is cerntainly not call for the walfare state,which soul and life of the Left.And eailaier in speech JFK says,"Let every nation know ... that we shall pay price ,bear any burden, meet any hardship,support any friend ,oppose any foe to asure the survival and success of liberty." Now could you see Obama saying that? Or for fact any left leaning politician some how I think not! No,Ronald Reagan might say that,maybe George W. Bush or John McCain but no lefty.
And JKF in 1960 campaign made much of missile gap,that we were behind the Russian in missile,when true was we(the U.S.A) was far ahead,however JKF did increase our spending on Defence and particular on missiles.Nixon was dove and Kennedy was the hawk,including invading Cuba.Kennedy also cut taxes for the rich some left-winger,no that is that media and academic world wants people to believe but it's not true!