These are the people we’re counting on to save our country

Faced with the impending collapse of the US Postal Service, Congress still refuses to let it shut down money-losing branches, curtail Saturday deliveries or slash benefits to its unionized workers, but one Democrat Senator has an even better answer: build wind farms to power the USPS delivery fleet.

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8 responses to “These are the people we’re counting on to save our country

  1. Libertarian Advocate

    Tom Carper (D-DE). Anyone seeing a pattern here? Joe Biden, Tom Carper, Demoncrats, Delaware…

  2. Anonymous

    They should power the fleet with hot air, O has an unlimited supply.

    O and Dems are more likely to stuck by lightning than to tell the truth or act responsibly.

  3. AJ

    I’m counting on Ben Bernake and the Fed to save the country: his insight tops even that of, umh, Carnac the Magnificent? Here’s a glimpse of his track record of predictive powers — if this guy said turn left, I’d turn right:

    …The following are statements that Bernanke actually made to the public….

    #1 (July, 2005) “We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though.”

    #2 (October 20, 2005) “House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.”

    #3 (November 15, 2005) “With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.”

    #4 (February 15, 2006) “Housing markets are cooling a bit. Our expectation is that the decline in activity or the slowing in activity will be moderate, that house prices will probably continue to rise.”

    #5 (February 15, 2007) “Despite the ongoing adjustments in the housing sector, overall economic prospects for households remain good. Household finances appear generally solid, and delinquency rates on most types of consumer loans and residential mortgages remain low.”

    #6 (March 28, 2007) “At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency.”

    #7 (May 17, 2007) “All that said, given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited, and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. The vast majority of mortgages, including even subprime mortgages, continue to perform well. Past gains in house prices have left most homeowners with significant amounts of home equity, and growth in jobs and incomes should help keep the financial obligations of most households manageable.”

    #8 (January 10, 2008) “The Federal Reserve is not currently forecasting a recession.”

    #9 (June 10, 2008) “The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.”

    But don’t worry, Ben Bernanke insists that he knows exactly what is going on this time….

    Source:http://theeconomiccollapseblog.com/archives/5-new-lies-that-the-federal-reserve-is-telling-the-american-people

  4. AJ

    Bernanke’s latest: weakness is strength. Sort of reminds me of the old slavery is freedom line.

    …”The ongoing weakness of the housing market represents a headwind for recovery,” Bernanke said…. Source: http://www.cnbc.com/id/47176571

  5. Inagua

    AJ – Thanks for the quotes. They were so shocking that I suspected fabrication, but I Googled the first two and found independent references. The economic errors of Bernanke, Paulson, Bush, and Obama will keep our economy stagnant for a very long time. We elect fools and get what we deserve. It is very sad.

  6. Libertarian Advocate

    Self-inflicted Harvard “brand” tarnishment?

    “Bernanke attended Harvard University, where he lived in Winthrop House with the future CEO of Goldman Sachs, Lloyd Blankfein, and graduated with a Bachelor of Arts in economics summa cum laude in 1975. He received his Doctor of Philosophy in economics from the Massachusetts Institute of Technology in 1979.” See e.g.: http://en.wikipedia.org/wiki/Ben_Bernanke#Education

  7. AJ

    Maybe Mitt will save us?

    “The Next US President Will Be….

    ….the Fortune 500. Why no matter who you vote for, nothing will ever change.
    by Tony Cartalucci

    April 26, 2012 – President George Bush, President Barack Obama, and presidential hopeful Mitt Romney all work for the exact same handful of corporate-financier interests. While they vary in how they dress up their methods of carrying out what is essentially a singular agenda, there is glaring continuity from one administration to the next in a process analogous to a corporate spokesman presenting the agenda of the board of directors. Changing spokesmen doesn’t change the agenda of the board of directors.

    While the corporate media focuses on non-issues, and political pundits accentuate petty political rivalries between the “left” and the “right,” a look deeper into presidential cabinets and the authors of domestic and foreign policy reveals just how accurate this analogy is and who sits on the “board of directors.”….” http://landdestroyer.blogspot.co.uk/2012/04/next-us-president-will-be.html

    While Mitt, should he win, will probably be no better than Obama, the least we can do is punish these guys by not allowing them a second term. The key to change is the House which can be refreshed every two years, then the Senate every six.

  8. MC

    In protest, hopefully to send a message to the house and senate, I’ll vote for Ron Paul.