August 16, 2013 By: Juanita Jean Herownself Category: Uncategorized
Welcome to The World's Most Dangerous Beauty Salon, Inc.
My name is Susan DuQuesnay Bankston. I live in Richmond, Texas, in the heart of Tom DeLay's old district. It's nuttier than squirrel poop here.
I am honored and privileged to know Miss Juanita Jean Herownself, hairdresser extraordinary and political maven. Since she does not have time to fiddle with this internet stuff, I type her website for her and you can read it if you want to. If you don't, she truly does not give a big bear's butt.
A lot of what I post here has to do with local politics, but you probably have the same folks in your local government.
This ain't a blog. Blogs are way too trendy for me. This is a professional political organization.
There’s lots of ways to ah, er, redirect activities. I feel sorry for Egypt, really sorry, but we really oughta be doing something about the Koch brothers and their asstd. investments/political groups. I hate to admit it but I don’t understand derivatives. Can someone help me? I do know, and have suggested to Obama, that Yellen might be better than Summers for the job.
1Marge, Thom Hartmann has the best explanation of derivatives I’ve heard. See if you can google it. It was simple and easy to understand — about making a loan to someone, for $5, then approaching a friend and asking them to bet $10 that the loan won’t be repaid, then that person goes to another friend and asks them to bet $20 that that loan won’t be repaid, etc. It helped me to understand how massive the issue was and IS, because they are doing it all over again!
2If Summers is the poster boy for de-regulation, and he most certainly is, how can he be trusted to head the Federal Reserve?
3Those Wall Street thieves need more regulation not less.
Marge…. Skip will explain it to you over a nice bottle of wine…. or three. By the bottom of the last bottle, you won’t care about derivatives…..and will wish you had never asked. He has a marvelous way of explaining very complicated subjects to the point of wrist slashing. Oh, yeah… we’ve almost hit 20 years of marriage, so at this point, I go to sleep after about 30 minutes of his economics 101 class…. so if you are up for it… just ask. Trust me.. you will get sleepy.
4Thanks, Hunky. I’ll try to remember to check out Thom Hartmann and derivatives. I think all those super rich guys see the whole thing as a board game they play. They forget they’re playing with folks’ lives.
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