Autographed Letter Signed

A Mostly Center-Right Place For Those With Irritable Obama Syndrome and Diversity Fatigue

Happy New Year! December 31, 2009

Filed under: Uncategorized — afrocity @ 11:16 AM

Dear Readers,

I wanted to wish you a happy and safe New Year.  I honestly do not know what I would have done this past year without any of you.

My resolutions are simple:  exercise more, eat less junk food, save more money, do more charity work.

2009 was “so-so” for me. I am thankful for the highlights such as my trip to Virginia and turning the big  four-oh.

I am thankful that I made it through surgery in April.

I am thankful for the jobs I created…the people I taught.

In 2010, I promise to be more consistent about posting.  Originally when I created Autographed Letter Signed, I wanted to post daily. I was very good at it until this November when things became hectic with my other commitments.

Blogging is fun but it takes a lot of time – especially when you are the only one running the show.  There are also times when I become fed up and frustrated with the political situation and I have to take a break for my sanity. All Fox News and tea parties makes Afrocity a dull girl.

For my fellow conservatives, 2010 will be our year to make a difference. Rest up! We have a lot of work to do.

Autographed Letter Signed,

Afrocity

 

Sonic Ninja Kitty has Savvy Money Advice for the Girls December 28, 2009

Filed under: Economic Crisis — afrocity @ 11:30 AM

Please join me in welcoming Sonic Ninja Kitty as an ALS guest poster.  For the past year “SNK”  has delivered snarky and insightful comments at my blog for which I am thankful for. I was wondering if many of you know that she holds kitty court at a great blag of her own- “Sonic Ninja Kitty” where she dispenses notes from the “Animal House”.   The following reading is a fantastic manifesto in true SNK form.  I wanted to share this with my readers and it is of course  is cross posted at my dear friend’s  Sonic Ninja Kitty’s blog…Enjoy and do comment–Afrocity

Sonic Ninja Kitty

”girls” as in girlfriends, of course.  I’m so happy you’re here!  Please pull up a comfy chair.  Get yourself some tea, diet soda, or a nice glass of red wine, depending on the time of day.  Now make sure it’s the appropriate drink for the time of day—heh heh, you are SO bad ;) That must be why I like you so much.

Ahh….  Seriously, I want to talk with you about our central bank, the Federal Reserve.  Maybe the mere mention of that name makes your eyes start to glaze over.  That’s what it used to do to mine, but there is way more to it than meets the (glazed) eye.  I want to discuss the human element in all of this.  (Yes, there really is one.)  If we get to the heart of the issue, that’s the part that will start clicking in you.  I know it because after a year of researching this subject, that’s the part that’s clicking in me.  Clicking like heck and un-turn-offable.  But I tell you, it has been so worth the trade-off in annoyance because it has allowed me to see current events clearly and without illusion.

I want to try and give you a broad overview that makes sense.  I figure if I can help even a handful of you understand this topic, we can affect some change, because our awareness will then multiply.  I know who brings home the bacon and fries it up in a pan, baby!  You guys are the foundations of your families:  the rocks, the havens, and the ‘safe’ ones.  I also know you can be tremendous catalysts.  You guys can make it all happen, and that’s why this post is dedicated to you.

Primers and prereqs:

Many of you really don’t need these primer sections.  It’s already your ‘thing’, so scoot!  Get outta here and meet the rest of us further down the post.  (And if you sneak yourself an extra beverage, the rest of us will pretend not to notice, LOL.)

So, it never ends, does it–the educating?  Technical information about the economy is out there—all over the place.  Sometimes the problem is there are so many people spouting off and yelling about the economy and money.  In all honesty, I cannot add anything brand new or unique to the mountain loads of information already out there on the Federal Reserve (aka the Fed).  Perhaps the only thing different I can offer is my perspective.  And peace—ha ha.  Yeah, I rarely yell, virtually or otherwise.  And like you I don’t belittle, and I try not to assume.  So it’s one step at a time and there are no dumb questions.  I know each of you has such amazing depths of expertise in different areas worthy of great respect.  This is just a new subject, is all.

I used to think banking was fairly simple:  you put money in, take it out or borrow some, and the bankers charge fees or interest for these services.  That would all be fair enough, but nooo–it turns out there are a few other things going on.  It’s something other people are doing to your money that changes its value.  These people change your money’s very value, and I’ll give you one wild guess as to which direction that value goes.  And every dollar that is siphoned off of your earnings in this manner—from the labor that you and your family members have put forward in good and honest faith–is a dollar that is not coming back to you, ever.  Kiss it goodbye, sweetheart.

So you see, it’s about injustice.  That is the human angle I was referring to earlier.  The Federal Reserve is a bastion of injustice.

Down ‘n dirty:  a central bank primer (two wacky fun facts included)

Basically, the ‘central bank’ of the USA is an institution that issues, manages, and preserves the value of our currency.  It also supervises other banks and serves as a lender of last resort.

“Lender of last resort”:  OK, you may be pondering what that phrase means, precisely. You’ve stumbled upon the first wacky fun fact about central banking.  It’s a joke, really, I mean, think about it for a second:  our central bank can both issue currency and be a “lender of last resort”?  Personally, it makes me envision some battered scruffy guy standing on a hill overlooking an old west battleground with everybody else lying all around, moaning and bleeding…to death.  Come to think of it, our central bank is actually very similar to that guy. It’s always the last man standing when it comes to lending money because its owns the printing presses.  Fed Man is the only guy who can make as many ‘bullets’ as he wants.  He distributes them as he sees fit in exchange for things he deems valuable, like securities and Treasury notes.  No wonder he’s the last one standing.  It’s not really a fair fight.

Now would be a good time to tell you (special alert—wacky fun fact number two coming up) that the central bank of the USA, the Federal Reserve, is a consortium of private companies (banks). That’s right—although it has that official sounding word “Federal” in its name, it is actually a bunch of privately owned business.  Its only connections to our government are the handful of appointees the president gets to name.  But they all come from within the Fed system, of course.  Plus there is supposed to be congressional oversight of the Fed, but how effective is that, really?  (It’s something we’ll get to in a minute.)  Yes, our government allows a private entity complete control over our currency.

I hear you—you’re saying, “Hey, I’m a private entity, too  Me, me!  Where’s my printing press?  I’ve got plenty of space next to the couch, here.”  Girlfriend:  me–freaking–too.  I know I’d be an amazing lender if I could set up a printing press in my living room and churn out the currency at will.  Seriously.

Sidebar on inflation

Now beside the obvious injustice of it all, another big problem with printing money like it’s water is inflation. Increasing the money supply–creating money out of thin air—is the  technical definition of inflation.  Inflation is what, of course, can eventually causes price increases in all the goods and services we buy.  Booyah, ladies—now you know something many people, including some in the economics and finance industries, don’t really get straight:  that inflation is the increase in the money supply while price increases are caused by inflation.  Just thought you’d enjoy that little tidbit.  Maybe it’ll help you on a game show someday, like ‘Are You Smarter Than a Keynesian’ (LOL—inside joke for the geekouts in our midst, sorry).  You never know.

When the Federal Reserve prints money, it can be a little hard to predict when price increases will hit.  This is because of the different places money can sit.  When it sits in bankers’ vaults, it does not begin to affect prices.  By the time it trickles down into the hands of you and me, via business and personal loans, prices get affected.  This is because of simple math.  In a super simplified example, let’s say there are 50 of a given product–hmm, let’s say, sets of noise isolating ear plugs (ha ha–I like those)–and 100 dollars in an economy.   That would work out to each set costing 2 dollars (100/50=2).  If Fed Man goes on a binge and prints another 50 dollars (making the total number of dollars 150) and distributes them, sellers of these ear plugs would eventually figure out there are more dollars floating around out there and start charging people more for them.  The price would eventually end up at 3 dollars per set (150/50=3).  This is a rounded number, because of course you have to figure in the fee Fed Man probably adds this for wonderful service he’s done–hard stuff like turning the printing press handle or pushing computer keys and such.  Naturally.

In the last year, our Federal Reserve (remember—that group of private companies) has just come off the most massive currency printing bender in the history of humankind.  I am not kidding.  Have a lookie at this:

They give it a cool sounding name:  “quantitative easing” (or QE).  Makes it sound like that part of a pedicure where you soak your feet in warm water, doesn’t it?  Yes—very easing on the digits.  (mmm–I can’t wait ‘till spring.)

This chart makes me picture a scene.  (I’d be lost without mnemonics.)  It’s like we’re at the bottom of a ravine and there’s a giant boulder balanced precariously on the towering peak above us.  The boulder is the money supply, which has been created—made ginormous—by the Fed printing currency like a Kinkos on steroids.  The journey this boulder is poised to take is price inflation of goods and services.  A monumental boulder has the potential to produce monumental changes in our pricing landscape.

Now the Fed can supposedly chip away at this boulder, discarding it piece by piece and making it less of a threat to us, the tiny Whos down in Whoville below.  Technically, this is referred to as “quantitative tightening” (or QT).  But you can imagine how that is going to go.  Trying to take money away from a banker is probably much like trying to take candy away from a toddler:  difficult at minimum, requiring magician-like skill at max.   Certainly some prices will be affected when odd pieces of this ‘boulder’ are released or just plain get loose.  But can the Fed really dismantle and discard this rock before it rolls away from them?  They think so, but IMHO, Fed Man is looking mighty small compared to that boulder these days.

Quantitative tightening also has the potential to weaken the economy.  How much is one of those questions people like to argue about.  It sorta depends on how much of that wet-inky money has moved downstream towards you and me.  It’s almost like trying to suck poison out of someone’s bloodstream:  the deeper it has already circulated, the more stress its withdrawal is going to cause.  In general, QT should only be done in a robust environment.  So if that money that’s sitting in the Fed’s vault today were to become distributed–which is the very thing they say they’re trying to encourage—well, the dilemma is obvious.  They’ve painted us into a corner with green ink.

There’s some discussion these days amongst eggheads and posers as to whether this boulder is a solid threat  that will eventually roll over us or whether it is going to remain out of our way and might easily crumble when the Fed starts removing chunks and discarding them.  Personally, I tend to side with the people in the first camp—the ones who think price increases are an enormous looming threat, because these are the very same people who accurately predicted and explained the mechanics of our last economic crisis.  Meanwhile the other people were pretty much panicking like chickens with their heads cut off.  I recognize ineptitude when I see it.

“But wait—there’s more!”

So you’d think it would be enough to worry about this quantitative easing (QE) stuff and it’s threat to prices, right?  There’s actually another problem down the road.  It’s a dastardly practice cloaked in an elegant moniker:  fractional reserve lending.  It’s a practice that further increases the money supply.  Crazy, right?

I really wanted to focus on central banking with you today and this is a general banking practice, so I’m just going to offer a side note on it that you can read now or come back to later. The important thing to understand, though, is that when our central bank prints money, the inflation and it’s accompanying threat to prices doesn’t stop there.  The threat increases exponentially due of the practice of fractional reserve lending.  Your honor—a sidebar conference, please:

The clearest primer I’ve come across on FRL so far is from a post from dailybail.com by S. Gompers entitled A History of Stimulus, Funny Money, & Central Banking:

Fractional banking or fractional lending is the ability to create money from nothing, lend it to the government or someone else and charge interest to boot.  The practice evolved before banks existed.  Goldsmiths rented out space in their vaults to individuals and merchants for storage of their gold or silver.  The goldsmiths gave these “depositors” certificates that showed the amount of gold stored.  These certificates were then used to conduct business.

In time the goldsmiths noticed that the gold in their vaults was rarely withdrawn.  Small amounts would move in and out but the large majority never moved.  Sensing a profit opportunity, the goldsmiths issued double receipts for the gold, in effect creating money (certificates) from nothing and then lending those certificates (creating debt) to depositors and charging them interest as well.

Since the certificates represented more gold than actually existed, the certificates were “fractionally” backed by gold.  Eventually some of these vault operations were transformed into banks and the practice of fractional banking began.

Another author who nails it is Jake Towne, candidate for the 15th congressional (“greater Lehigh Vally”) district of Pennsylvania, in a piece entitled Fractional Reserve Banking in Pictures

It’s yet another reason to be vigilant about the central bank increasing the money supply.

Back to the down ‘n dirty central bank primer

So what makes the people who run the Fed—a consortium of private banks–so different from you and me?  What indeed.  It’s nothing more than the company they keep.  They have different friends–friends who can allot them the powers to legally do these things they do while making it illegal for you and me to do the same:  politicians.  So whenever anyone claims the Fed needs to maintain independence from political pressures, you know to look in the back pocket of said person, know what I mean?  “Fed independence” is a sick joke.  The Fed people have never been independent from political processes and they never will be.  They pretend to worry about one or the other political party ‘influencing’ them, but in reality they don’t care what flavor the politician comes in.  It’s a ruse they hide behind.  They have chums in both parties.

As for us, we don’t really know these people who run the Federal Reserve, do we?  Yet it is assumed we will trust wholly and respectfully in their goodness, intelligence, and honorableness.  Time to slam on the brakes, here.  Look–we were not born yesterday.  Trust is not something we just toss out to anyone.  It’s a far too valuable thing.  It should be dispensed sagaciously.  We just can’t go around trusting everyone for everything.  Geeze–I don’t even trust my own husband to pick up his own socks.  (No offense, honey—that was entirely rhetorical.)

Honestly, I’d not even trust myself to issue and manage currency on behalf of the nation in the healthiest manner possible.  After all of ten minutes of slogging through the abject thanklessness of the modern workplace, I’d be thinking, “Hmm—effort…or print, effort…or print?”  Why put forth effort to earn money when you can just print it all?  Duh!  Who among us wouldn’t succumb to the mesmerizing siren song of the printing press?

Well, girlfriends, this all begs the obvious question:  why oh why do we trust the protection of our currency to a bunch of strangers?

Wacky fun facts continued

OK, so we’ve done one and two so far, but wacky fun facts three and four are even better…errrr, wackier.

Three:  decisions the Fed makes do NOT have to be ratified by the President or anyone else in the executive or legislative branch of government.  That is from their own website Q & A.  Hah!  Basically they are saying they don’t need any silly babysitter.  Not Fed Man.  He answers to no one, baby!


Four:  the Fed generates profit for its shareholders.  Well-what private company doesn’t?  “Free market”, dudes!  Long may it rule—especially when you are the ones who get special treatment (even though that means it’s not a free market anymore).  They do this via a beautifully orchestrated dance between the banks and taxpayers:  a virtual banker’s ballet of smooth moves, only we the taxpayers are the ones getting stepped on all the time.  You can read the nitty gritty on how they do it here.

And audits—who needs audits?  Audits are supposedly performed, but they are so watered down as to be virtually meaningless.  Here’s a list of things the Fed gets to do that are not subject to auditing, in both legalese and plainspeak (a Sonic translation):

1) anything to do with foreign banks or foreign public institutions;

2) anything to do with monetary policy (printing, distributing, ‘n interest rate setting);

3) transactions made under the Fed’s Open Market Committee (which deals with the aforementioned government chums); or

4) any communications related to 1, 2 & 3

Welp–that’s pretty much everything.  It is obvious to me that the rubes who perform the official “audit” have quite possibly the cushiest job in the entire world.  They probably require several months, eat lots of meals out on an expense account, and write some stupid fluff for some un-present congressional committee to throw away–I mean–read.  Awesome job, indeedy.

Do me a favor, please:  whenever you hear or read someone whining “But the Fed is already subject to an audit—whhaaaaaaa!”, scream at them “No they are NOT, you uninformed loon!”  (Yep–that’s the one time I’ll break my no yelling rule.)  Thanks, guys.

So let’s review, here:  1)  the Fed is private, 2)  the Fed prints money, 3)  the Fed is does not have to consult with anyone when making a decision,  4)  the Fed makes a profit for its shareholders (itself).  Sweet deal.  Couldn’t get any sweeter, in fact.

Coming up for some air

You know, I am loving this little dish we’re having!  Seriously—it’s so fun to chat like this.

I’m starting to think, though, of two other things I’d like to explain that are kinda tangential to this particular post.  Tangential yet vitally important.   You know,  I’m finding that talking about banking is very much like teaching a 15 ½ year old how to drive a car.  You think it’s going to be fairly easy because, hey—you could do this stuff with your eyes closed by now–but when you get in that passenger seat and are forced to consider the best way to launch that shiny fresh driver off down the road, you realize exactly how much you need to say…before the dang car crashes, preferably.  It’s a truck load.  Seriously.

Next time we chat we can go over these—if you like, that is.  The first thing is a little info about interest rate setting.  Well, actually, it’s not a little—it’s a lot.  A monstrosity, in fact.  It’s one of the main causes of our huge housing crash.

Another thing is the question that’s probably ready to explode from your head right about now, which is why do we need a central bank, anyway? Mmm, mmm.  That is one loaded question.  Briefly and IM(very)HO, there is only one reason for the existence in any given country of a central bank.  The term has a certain lovely aesthetic to it, but underneath—when you really understand it—it turns into a beast.  That term is flexible money.   Oh yeah, I’m thinking that would be a great topic, guaranteed!  You see, it starts to involve politics, so it gets all dreamy and hopey.  It also brings in stuff like ‘fiat money’,  ‘sound money’, the gold standard,  and foreign countries’ currency valuations, so, oh yeah, it’s big.  Oh geeze, please remind me to do that sometime!

It’s their party.  They don’t have to impress.

So where do we fit into all of this, really?  You and me—the regular Jane Does/aka non-banker types.  If you ask me, it should be in the Grand Caymans, being fabulous and a tax haven and all.  Or at least Bermuda–I’ve always wanted to disappear for awhile.  (I’m sure you empathize.  It can work, with some minimal planning, don’t ‘cha think?)

Barring that fantasy, what are we really getting in exchange for all this?  For giving away control over our currency to private interests, for braving the threat of price increases in the products we need due to the actions of some complete strangers, and for relinquishing control over our banking system’s interest rates [as per the unwritten companion piece to this post]?  We are supposed to get two things:  price stability and maximum employment.

Here are the official stated ‘duties’ of the Federal Reserve, as swiped from its website:

1) conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates

2) supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers

3) maintaining the stability of the financial system and containing systemic risk that may arise in financial markets

4) providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system

I’m just showing this so you guys can have a great laugh.  I mean, think about all the stuff we went over above, and remember the Fed is a private company, then you tell me how well each goal is being achieved.  Howzabout:

1) sure—printy printy printy; override market forces in interest rate setting [again with the unwritten companion piece]; employment—ask all my friends getting laid off; and “stable” prices—see below*

2) WOW!—Can anyone say “Lehman, Goldman, Washington Mutual, Citbank”?  Can anyone say “Over 140 banks have failed so far since September 2008”?  And another 1000 are at risk to fail in the next 3 to 5 years?  If that is their idea of “soundness” I’d really hate to see their idea of fragility!

3) BWAAAHAHAHAHA!!!!  Ahhh–that is too much!

4) yeah, big deal ‘lender of last resort’; feeding our vociferous congress through the Treasury department; and super secret behind closed doors meetings with other nations’ central banks–who knows what kind of national security concerns are flying around there?

*  “stable” prices?  To put it mildly, on this one the Federal Reserve is a MEGAFLOP:

‘From 1776 to 1912 (136 years), the value of the dollar, relative to the Consumer Price Index, INCREASED by 11%. A dollar could buy 11% more goods in 1912 than in 1776.  The Fed was created in 1913.  From 1913 to 2008 (95 years), the value of the dollar, relative to the Consumer Price Index, DECREASED by 95%. A dollar could buy 95% fewer goods in 2008 than in 1913.’

The reality is that the Federal Reserve creates inflation.  Wow!  Not satisfied with being merely unimpressive–those clowns at the Federal Reserve TOTALLY SUCK at their jobs!!!

The Federal Reserve—transparent as a brick wall

So welcome to the part where I completely flip out.  (LOL–no, that stuff before did not count!)  Feel free to join me anytime.  Misery loves company and all.

Journey with me into the heart of darkness–the den of iniquity that is your typical congressional hearing on the Federal Reserve.  Below is a clip and transcript of Elizabeth Coleman, Inspector General for the Federal Reserve, testifying at a meeting of the House Financial Services Committee in May of ’09.   In a mere 5 minutes and 24 seconds, this little clip exemplifies the egregious lack of justice, transparency, and accountability we have always gotten from the Fed.

Coleman’s job as Inspector General (IG) is—unsurprisingly–to generally inspect everything the Fed’s board of directors does–which would include all major undertakings of the Fed.  But noooo–she pretty much deflects every question asked—doesn’t answer them at all, in fact.  She looks uncomfortable, too.  It made me squirm just to watch her, and I’m obviously not a Fed cheerleader to begin with.  But, the questions she’s asked are completely legitimate and justified and it’s beyond belief she wouldn’t know the answers.

Representative Alan Grayson (D-FL) was the one questioning Coleman here.  Now I know some of you don’t like Grayson much.  There was some ugly little name calling incident a few months back.  It was undiplomatic of him, at bare minimum.  A lapse in maturity and super dopey, that’s for sure.  But that incident is neither here nor there.  Please set aside any residual ick factor that may still be sticking while you listen to this clip or read the transcript.  Judge only the content of what is being asked and answered:


Whoa there!!  Let’s back it up now:

Part 1:  Dearth of justice, from beginning of clip:

Grayson:  Have you done any investigations concerning the Federal Reserve’s role in deciding not to save Lehman Brothers which led shockwaves that went through the entire financial system?

Coleman:  In that particular area, you know, I don’t generally comment on specific investigations, but we do not currently have an investigation in that particular area.

OK—Yo!  Hold up a second.

This is a very good place for another side bar.  It’s a slimy, convoluted story, but I’ll throw the gist of it out here for you:  Lehman Brothers went under.  It filed for bankruptcy on September 15, 2008.  AIG was in trouble the very same week yet got a bailout from the government.  Why, you ask?  “Why” indeed.  The Treasury secretary at the time, Henry Paulson, is a former CEO of Goldman.  The government spent billions bailing out AIG, paying 100 cents on the dollar for securities.  In other words, full price was paid for paper you wouldn’t use to line a bird cage.  And mind you, these were ALL deals negotiated behind closed doors.  AIG then turned around and paid off its counterparties to its CDOs (some of its financial instruments).  Who was one of the biggies?  Goldman Sachs–to the tune of $12.5 billion.  (That is one deafening tune.)  Secretary Paulson got to help out a lot of good ole’ buddies in that deal.

Clearly Inspector General Coleman should have investigated this obvious—er, um–potential conflict of interest.  It was glaring…and conspicuous…and—hand me a thesaurus, here—and blatant.  It was a HUGE failure on her part, indisputably.  Why is the Federal Reserve—a private organization that accounts to no one but itself—its own complete and supreme arbiter of justice in the banking industry?

Disgusting.

Next!

Part 2:  Where’s the transparency? from 0:30:

Grayson:  Alright, what about the one trillion dollars plus in expansion of the Federal Reserve’s balance sheet since last September, have you conducted any investigations regarding that?

Coleman:  We, right now we have a, it’s called, we call it a review, and, so that the term investigation may have different connotations. So we actually conducting a fairly high level review of the various lending facilities collectively which would include, you know, the TALF, a variety of the different programs that are in process, so we are looking at them at fairly high level to identify risk.

Grayson:  Well, I understand that, but we’re talking about events that started unfolding 8 months ago, have you reached any conclusions about the Fed expanding it’s balance sheet by over a trillion dollars since last September?

Coleman:  We have not yet reached any conclusions.

Grayson:  Do you know who received that money?

Coleman:  For the, we are in the process now in doing our review, and

Grayson:  Right, but you are the Inspector General, my question for you specifically, is do YOU know who received that one trillion dollars plus that the Fed extended and put on it’s balance sheets since last September, do you know the identity of the recipients?

Coleman:  I do not know, we have not looked at that specific area, at this particular point, on those reviews.

STOP the tape!

At this juncture I’d like to bring up what we talked about in the section on quantitative easing.  (Remember that and the latent threat of inflation that accompanies it?  And the compounding effect of eventual fractional reserve lending?)  Well, that’s what we’ve got here.  Sometimes this term, ‘expanding’ (also ‘extending’) the balance sheet is used instead, but it’s all the same—expanding the balance sheet, quantitative easing, printing the buckeroonies out behind the shed.  By one trillion dollars.   Seems significant to me!

What IG Coleman is not telling congress–and by extension, the American people—here, is exactly how much, to which particular banks, and in exchange for what this money was distributed.  Or, heck, even if any had gotten distributed at that point.  One can’t tell.  She doesn’t reveal anything, does she?  Why is the Federal Reserve—a private organization that accounts to no one but itself—allowed to get away with the transparency of a brick wall when it comes to our currency?

Logic of Most In The Federal Reserve.

STUNNING.

Next!

Part 3:  Complete absence of accountability, from 1:53:

Grayson:  What about Bloomberg’s report that there are trillions of dollars in off balance sheets transactions that the Federal Reserve has entered into since last September, are you familiar with those off balance sheets transactions?

Coleman:  You know, I think it may be important, at this point, too, just to bring up a certain aspect related to our jurisdiction, and just to clarify, perhaps, some of my earlier comments. We are the Inspector General for the Board of Governors, and we have direct oversight over Board programs and operations, and are also able to look at Board delegated function to the reserve banks, as well as, it’s, the Boards oversight and supervision of the reserve banks. We do not have jurisdiction to directly go out and audit reserve bank activities specifically. Never the less, in our lending facilities project, for example, we are looking at the Board’s oversight over the program, and, to the extent that, it extends out to the Federal Reserve Bank of New York.

Grayson:  Well, I have a copy of the Inspector General Act , here in front of me, and it says, among other things, that it is your responsibility to conduct and supervise audits and investigations relating to the programs and operations of your agency.

Coleman:  That’s correct.

Grayson:  So I’m asking you if your agency has, in fact, according to Bloomberg, extended nine trillion dollars in credit, which, by the way, works out to thirty thousand dollars for every single man, woman, and child in this country, I’d like to know, if YOU’RE not responsible for investigating that, who is?

Coleman:  No, we actually, we have responsibility for, the Federal Reserve’s programs and operations, audits, to conduct audits and investigations in that area. In terms of who’s responsible for investigating, would you mind repeating the question one more time?

Grayson:  What have you done to investigate the off balance sheet transactions, conducted by the Federal Reserve, which according to Bloomberg, now total nine trillion dollars in the last eight months?

Coleman:  I, I’ll have to look specifically at that Bloomberg article, I, I’m not, I don’t know if I have actually seen that particular one.

[Yoohoo!  Here is the Bloomberg article, Ms. Coleman.]

Grayson:  That’s not the point. The question is, have you done any investigation or auditing of off balance sheet transactions conducted by the Federal Reserve?

Coleman:  At this point, we’re at the very, we’re conducting our lending facility project at a fairly high level and have not gotten to a specific level of detail to really be in a position to respond to your question.

OK–wait.  Basically what she’s saying is “aaahh…NOPE”.  Gawd, I hate tools!  (The human kind.)  This is almost like a joke.

Let’s get this out of the way first:  here is the link to the Office of the Inspector General’s home page, and following is a partial description from there of the IG’s duties:

The Office of Inspector General (OIG) conducts independent and objective audits, inspections, evaluations, investigations, and other reviews related to programs and operations of the Board of Governors of the Federal Reserve System (Board). OIG efforts promote integrity, economy, efficiency, and effectiveness; help prevent and detect fraud, waste, and abuse; and strengthen accountability to the Congress and the public. The OIG’s work assists the Board in managing risk and in achieving its overall mission to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems so as to promote optimal macroeconomic performance.

Please note that even in this summary, every word of this job description corroborates the opinion that the IG should know about every bailout action, all balance sheet expansions, and all significant off balance sheet transactions.  Personally, I’d categorize NINE TRILLION as ‘significant’.

Now, regardless of what the Bloomberg article says (OK, so you’re curious:  “The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent almost $3 trillion over the past two years and pledged up to $5.7 trillion more.”), IG Coleman should know what the Federal Reserve is spending or pledging.  It’s her job to know.  That Bloomberg reporter was not listing those numbers just to get a few laughs.

As a citizen, I have one simple question for Coleman:  If nearly NINE TRILLION DOLLARS in off balance sheet transactions is not enough money to warrant your attention as Inspector General to the Federal Reserve…um…er…HOW MUCH WOULD BE?!?!? What, exactly, are you so busy with that you could ever, possibly, in a hundred years, consider nearly NINE TRILLION DOLLARS to be unworthy of your attention?  IG Coleman, you are scaring me!  Why is the Federal Reserve—a private organization that accounts to no one but itself—unable to account for NINE TRILLION DOLLARS?

Staggering.

Next!

Part 4:  And a little cherry on top. OK, by now, you’d think congressman Grayson would be speechless.  I would be.  No, wait–I’d be loosing it.  Anyway, Grayson’s gonna take one more stab at it, from 4:26:

Grayson:  Have you conducted ANY investigation or auditing of the losses that the Federal Reserve has experienced on it’s lending since last September?

Coleman:  We’re still in the process of conducting that review, until we actually, you know, go out and gather the information, I’m not in a position to really respond to the specific question.

Grayson:  So are you telling me that NOBODY at the Federal Reserve is keeping track, on a regular basis, of the losses that it occurs that is now a two trillion dollar portfolio?

Coleman:  I don’t know if, you’re telling me that there, you’re mentioning that there’s losses, I’m just saying that we’re not, until we actually look at the program and have the information, we’re not in a position to say whether they’re losses or to respond in any other way to that, to that particular…

Grayson:  Mr. Chairman, my time is up, but I have to tell you, honestly, I am shocked to find out that NOBODY at the Federal Reserve, including the Inspector General, is keeping track of this.

AaaauuwwwCLUNK.  This is what we should be hearing:  the sound of three hundred million jaws collectively dropping helplessly to the floor.

Basically Inspector General Coleman is telling us she does not ‘know’ what the Federal Reserve has been doing for the previous eight months.  I don’t know if I should put ‘know’ in single thingies or double “know” thingies, here—you know?  She didn’t “look at the program” and doesn’t “have the information”?  Why?  Just why?  This assertion completely lacks credibility.  It’s astonishing.

A.  Ston.  Ish.  Ing.

Debriefing

So this is it.  These are the kinds of charades the Federal Reserve foists on the American people who seek justice, transparency, and accountability.  Each time I view this clip I have one of two reactions.  It’s kind of a crap shoot as to which one will present on any given day:

Version 1:  “Hmm.  As a normally self-possessed and non-temperamental person, I am at an intense loss as to how to express my dismay, here.  I have matured past the tendency to freak out at most things and am regrettably not surprised at this illustration of the black hole that is our nation’s central bank.”

Version 2:  “AAARRRRGHH!!!!!! I feel like I just got off the phone with [kindly insert relative/friend of choice]!  This obvious and colossal train wreck is clearly impending, and I want to grab her and scream in her face!!!

Either way, these injustices perpetrated by the Federal Reserve cannot stand.

So what do we do about it?  Well, to begin with, hmm, let’s see…well, ahhh…how shall I put this?  Try not to panic.  I say this in all sincerity and really more for my own benefit, as the enormity of this problem tends to en-crazen me.  (As in requiring deep breathing.  And occasionally dark chocolate—the good kind:  expensive and bitter.)  It’s big, yes, but then again it has been decades in the making, and I figure the sun will rise in the east again tomorrow morning, so we can probably take this a day at a time.

Plan B

I call this part “Plan B” because someone else has already done Plan A and—duh!–it hasn’t really worked for us.  It’s sucked, in fact.  The halfwits who’ve been mucking around in our economy in the past have screwed it up even more, so it’s time for us to get in there and have our voices heard.  Are you with me, guys?  I know I can count on you.

I need  to tell you a little story right about here.  Ya know, my Dad is a guy who rarely parses words.  Years ago, when I was complaining to him about some job I was in (a thankless, unjust, no light at the end of the tunnel type thing—you know—a typical job), he just sat back, looked me in the eye and calmly said  “Darlin’, you are absolutely right.  It’s not fair.  But–know what?  That’s life, sweetheart!

Well, that shut me up—because of the light bulb, I mean.  I don’ think he’d intentionally tried to halt anything.  It was just me finally putting it together.  How many situations must he have been in during his life that were like mine or worse?  He’s no Tim Gunn, but it was a real lesson in style–inner style.  Complaining had never been his modus operandi.  Neither was worrying about stuff—not by a long shot.  He just moved himself forward.  It woke me up.  I adopted a different mindset.  My situation didn’t really change much, but I moved myself forward through it, and that was what mattered.

Maybe we need to do this favor for ourselves more often.  …?…

Now on to the less abstract:

First, learn more. Here’s some reading material I thought you might like.  I’m sure you’ll find your own mix, but these may prove good jumping off points:

Audit the Fed (dot com) has all the up to date information on current efforts to fully audit the Federal Reserve, including links to the 2 page HR 1207 (317 co-sponsors) and S 604 (31 co-sponsors), the ‘Audit the Fed’ bills presented to congress’ house and senate.

The Creature from Jekyll Island by G. Edward Griffin.  It’s about the Fed’s inception.  Truth be told, I haven’t read this one yet, but I know the story well.  Apparently it reads like a mystery/thriller, so I thought you might enjoy that angle of it.

End the Fed by Ron Paul.  A great book and quick read.  Dr. Paul is a lifeboat of reason in a sea of confusion.  He knows his Fed and he isn’t letting up.  (And try Campaign for Liberty (dot com)–home of Ron Paul supporters.)

The Daily Bail (dot com) has the very best of bailout news, opinion & analysis, persistently exposing all current monetary and fiscal shenanigans.  (Click here for an article that gives Fed chairman Ben Bernanke a real shiner–ha ha!)

Mises Institute (dot com) has the best overall (and accurate) economics articles.  Sometimes heavy, but just as often you’ll run across an article there that is clear as crystal and refreshing to read.

A lot has happened in the last 15 months–bailouts, stimulus legislation, Treasury Dept and Federal Reserve actions–so if you are just starting out, don’t expect to catch up immediately on all the news.  It’s a morass.  (As in every day there are more asses to read about.  Get it?  LOL!)  Even I have some trouble keeping up—and I’ve been reading up for a year, now.  (Really—I dropped fiction for this stuff.  And I loved fiction!)  But as they say—the truth is stranger than fiction.  Just keep reading and after awhile things will start to connect.

Next, shout it out. I don’t harbor any illusions when it comes to creating change on this issue of the Federal Reserve.  It will continue to be a difficult and tedious marathon—of that I’m certain. Well, sisters, look around.  Some of us here have written books on “difficult” and “tedious”.  Yeah–with footnotes and references.  We will do it again, and we will get there.  And the more friends we can get to run this baby with us, the better it will go.

So go ahead–communicate your demands to your government reps. Rallies and tea parties are all very well, but sometimes they are vulnerable to subversion.  And the media will not represent your beliefs and opinions.  This is it, guys.  This is what we get–it’s the direct line.  Here’s the set up:

1) Click here for a link to all your government representatives. Everyone has a total of three in congress.  Find your two senators and one house representative, locate the links for each of their home websites, click on them, and…

2) Bookmark these three sites onto a dedicated tag in a prominent position on your browser’s home page.  This will take you less than two minutes.  (Go ahead.  I’ll wait.)

3) Deploy your gift of charm and your powers of persuasion.  Come on—I’ve seen some of you sell water to a fish!  Use it or loose it :)

Most congressional reps make it very easy to send them an email message through a link on their websites.  You don’t have to write an epic poem unless you want to—a few sentences will suffice for most communiqués.

My congresscreatures have me on their mailing lists.  This makes it even easier.  They know me!  (because I’m a royal pain in their butts)  They like me!  (because I have a pulse and can pull a voting booth lever)  They email me!  (OK, so it’s a form letter)  And when they say something I don’t like, I get right back on that worn out old keyboard and give them another piece of my mind!  (I still have a few to spare.)  I realize I’m just a lone drop in a big bucket of water, but dadburnit, at least I’m making a splash!  If a lot of us drops get together, that blasted bucket will surely tip over one of these days.

For this problem we have just discussed, let them know you are a well informed citizen and demand they support a full and complete audit of the Federal Reserve. Let them know you will NOT vote to re-elect them unless they support this.  (That always gets their attention.)

If you’re feeling plucky enough go into detail with your representatives, tell them you know about the Federal Reserve’s refusal to answer straightforward questions about its dealings with AIG, its TRILLION dollar balance sheet expansion, and its NINE TRILLION dollars worth of off balance sheet transactions.  Tell them you understand what impact the Fed’s actions have on you and your money, and tell them these gaping breaches of justice, transparency, and accountability are not acceptable to you.  Nuh-uh!

Check their homepages on a regular basis and maintain communication with them.  Equally importantly:

Share your knowledge. Share what you are learning with your family, friends, and colleagues.  Show them how to bookmark their congressional reps so they can email them, too.  Pass along any articles, books, or information you have found helpful–someone else will appreciate the tips.  You can reprint or link this post as well, if you like.

Be a busybody with candidates during campaigns.  It’s what I think everyone should be.  I’m not going to lecture you on politics, here–you can think for yourselves.  I simply want to make one point we can all agree on:  that, whomever they are, we should probably be asking WAY tougher questions of our candidates.  See if they know anything about the Federal Reserve, for example.  Quiz them about the Fed’s transparency and accountability.  And on a personal note, I gotta say I no longer buy into the ‘good party/bad party’ contrivance.  You shouldn’t either.  Sometimes the independent minded candidate you may like will spring from an unexpected source.  Don’t get pigeon-holed.

Last and most importantly, be BOLD! Armed (with knowledge) and dangerous (to swindlers, thieves, sycophants, and phonies), be relentless. Don’t fade into the background or be bullied into submission on this one, girlfriends–it is so not in your genes.  Seriously, that was a learned behavior–one of the useless ones!  Unlearn it.

I believe this issue is not intuitive for many people.  If you are in this camp then thank your lucky stars, because deception and thievery should not be intuitive to anyone.  It’s an ugly maze, and takes some time to learn.  Just keep at it, and keep demanding the justice, transparency, and accountability we so sincerely deserve.  Do it for yourself; do it for your spouses; do it for your fathers, brothers, and sons.  Do it for your mothers, sisters, and daughters.  Let’s do it for each other.

Epilogue

Thanks for spending time here.  Apologies for the length of this rant, butchayaknow–no one can stop a crazy chick on a mission.  I appreciate your listening.  Please comment below with what you think.  I would be thrilled to read your thoughts.

Cheers, girlfriends, and to end I hereby bequeath you the following, because—well and truly—you OWN it now:

Autographed Letter Signed,

Sonic Ninja Kitty

 

Christmas Eve “Wrap N’ Bitch”: Tis’ The Season For Giving and Receiving Flack December 24, 2009

Afrocity wrapping gifts on Christmas Eve at Kiwanis Club charity event

As I write these words, I am in the company of friends, family and furry pets nestled within a comfortable home during the middle of a Midwestern ice storm. Beautiful but deadly, glistening and electric I think to myself as I look out of the large bay window while stroking my smoky gray cat. Kitty is looking at a Cardinal flying about taking seed from the snow. A mug of hot chocolate is sitting by my laptop waiting for me to finally focus and write something. It is so hard to think about politics when the Christmas ducklings are in the fridge thawing for our feast tomorrow. The fireplace is adorned with feathered stockings – one green, one red both with bells at the tip of their toes. Wrapped gifts sit beneath the tall green tree. There is something special in every package for everyone, even Francois the galloping Dalmatian. Santa brought her the most adorable iced “canine cookie” treats all tied with red satin ribbon. I smile at the ironic picture of wrapped pet gifts. There was a time when mother and I could hardly afford gifts or food for us. Now I am confronted with carob coated rawhide, four paw snow booties, and catnip laced mice made of felt.

So many bows to chose from.

Earlier this Christmas Eve, I spent the afternoon doing charity work with the Kiwanis Club.  We wrapped gifts for people at the local mall. All proceeds go to help youth in shelters. Basically people come to us to with their just purchased gifts and we wrap them for a fee.  We work in shifts. I have fun doing it and frankly get a kick out of watching men scramble to Victoria’s Secret and come to us asking if we can wrap a size blush pink 34B Angel Bra with fringes.  As my wrapping shift unfolded I realized that this gift buying stuff really is not a man’s forte. Most looked nervous and uneasy with their purchases.  I think paying us to wrap the gifts made them feel better about the Lucky Brand purse they bought for grandma.   It felt good to help others on both ends. Rather than sticking curling ribbon to their heads, people got to have their gifts nicely clothed in Christmas paper and we got to make money for a good cause.

There were only four of us and we got an afternoon rush of people wanting their gifts wrapped. We could have used more help...HINT

There were only four of us wrapping when we got an afternoon rush.

Especially the young adults–you know the demographic that voted for Barack Obama in record numbers?  Whenever I volunteer at one of these charity events, I wonder where are the Kool Aid drinkers. I am usually the youngest person there—and at my age that is sad.  Most working alongside of me are senior citizens. Most are Caucasian. .. Many are conservatives and independents.  Of the four people I volunteered with today, only one person voted for Barack Obama.

Ooops there I go again. Darn! I was trying to keep a safe distance away from politics this Christmas Eve and the risks associated with Afro-Grinch opening her mouth.  Otherwise I may get another email like the one I received last night:

Dear Afrocity:

Obama is our last and best hope to pull this crumbling mess up from destruction. And you Republicans who would rather watch the country fail than see it succeed right now…well… you are selfish pigs, basically. It’s all about money for you, and who gets it, not about people. Go polish your fucking gold.

Nothing personal, of course.

So this is my shrine of Christmas spirit from Afrocity , the selfish Republican pig who polishes her gold after she volunteers at Kiwanis.


I will take my lumps of coal from the liberal reader along with  the ice storm, the cocoa, the fireplace. ..the wrapped gifts under the tree and the ones which required no wrapping in my heart.  I may be a conservative PUMA, but I have my peace of mind. I have my health, my family and most of all I have my freedom.  I am thankful that our troops are fighting for our safety and the freedoms of others.  I remember those soldiers giving their time and service so we may have a safe holiday season. After seeing this clip of President Obama neglecting to give a Christmas shout out to the troops, I pray that my president also remembers our service men and women.


I pray to God that they are watched over and kept safe in order to return to their loved ones

Merry Christmas!!!!
Autographed Letter Signed,
AFROCITY

 

Thank You Booker T. Washington: Afrocity Named in Top 25 Bookeristas!!! December 22, 2009

Filed under: Uncategorized — afrocity @ 10:07 AM
Tags: , ,

Santa came to Afrocity’s blog a bit early this year as I made the top 25 Bookeristas of the year by the hair of my moderate Republican chin. Booker Rising is one of my favorite conservative news sites.

I would try to explain what they do but I think this paragraph from the website does a better job of it:

…This is a news site and media watchdog for black moderates and conservatives, regardless of party affiliation. It’s particularly geared to those ages 50 and under, the post-Civil Rights Movement generations.

Booker Rising was begun to counteract negativity, victimology, and defeatism, which is too often thrust upon black Americans by schools, the media, and so-called leaders. We’re concerned about eroded values, hopes, and dreams, even though overall we’re living better than ever. Booker Rising wants to help stop the sacrilegious assault of our grandparents’ (and ancestors’) legacy, as if little to no progress has been made and the civil rights movement was almost for naught.

Inspired by Booker T. Washington’s work, this website will promote self-help, education, enterprise, democracy, and society as the seeds for Black America’s future. We won the civil rights movement. It’s now time for Stage II: further propelling black American success in this increasingly globalized era, via our “seeds.”

Booker Rising will provide commentary, highlight our progress and achievements, and discuss moderate and conservative solutions to our communities’ challenges. We have love for and faith in black folks. We deserve better, our ancestors deserve better!

Please visit the Booker Rising site, even if you are a liberal.  I find that Booker does an outstanding job of remaining conservative loyal while being informative and poly-partisan (if there is such a thing).

Thank you to the folks at Booker Rising. I am happy to be #25 and cannot believe that your viewers would place me in the company of such African American conservative greats as Thomas Sowell and Michael Steele.

Becoming a conservative is one of the most liberating acts I have committed to  in my entire life. I am proud to say that only welcomed arms have met me on the conservative side…and yes liberals that does include Caucasian southern conservatives as well. I am not a token in the Republican Party. I am home. Where I want to be, where I should have always been. I am free.

Autographed Letter Signed,

AFROCITY

 

Sunday Soliloquy: Day At The Museum Part 1 December 20, 2009

Image from Christmas Around the World and Festival of Lights exhibit at the Museum of Science and Industry in Chicago, IL.

You would think that by now I would know that certain places must be avoided by Afrocity.  Whether its places like Whole Foods store with scary compost obsessed “greenies” or a seemingly innocent cultural excursion, I must realize that compressed within my mind between the many layers of anguish, nostalgia and glee are memories that I would rather not revisit.

If you want your house to smell like Santa's workshop on nostalgic steroids, this candle will do the trick.

Sometimes even the good memories we harbor can turn suddenly sad. The next thing  you know , you are crying over the smell of a gingerbread scented Yankee Candle because it reminds you of when your mother used to bake cookies for Christmas- granted they were from a box mix.  Too much holiday cheer sends me to a place where I will never come back from without my tears licking the regret off my face.  As Glen Beck demonstrated last Friday during a Christmas show featuring our troops and singer Andy Williams, such regrets are often difficult to harbor in solitude.

My initial refusal to accept an invitation to join friends for an afternoon touring the “Christmas Around the World” exhibit  at Chicago’s Museum of Science and Industry had nothing to do with my busy schedule as I had pretended. It had everything to do with my avoidance of a place which held some of my happiest memories …Sounds rather odd but here lied my dilemma. ..There are times when I want to avoid all aspects of my past.  The good, the bad and the ugly.

Memory can kill.

By recalling happy moments, I will be reminded of the absence of my mother’s life.   “Remember the good times”  is simply a sentiment of official rubbish in my book.  Afro-Grinch wants to be left alone, slouching away from the decorated windows at Macy’s , denying that the smell of caramel wafting from Garret’s  Popcorn store makes her float along State street searching for $5 to get a small paraffin paper bag filled with the thigh cellulite building stuff.

Garrett's Popcorn store in Chicago. People wait in line for hours for this heavenly sticky goodness.

“Afrocity, please come with us. You never do anything with us and you have turned every invitation down for the past three months.”

Do I continue to come up with flimsy excuses for not going with my friend?

Exterior of the Museum Of Science and Industry- Chicago

Or do I face the place that I dread to enter because I will be confronted by a harmless little black girl holding her mother’s hand as they walk from exhibit to exhibit? Looking at the circus, the Fairy Castle, taking a ride through a coal mine or learning about solar energy as you glide through a tunnel in half moon shaped mechanical chairs.  On a Sunday afternoon when church was done mother and I would often pop over to the museum which resides in the Hyde Park neighborhood or “Pill Hill” as she would call it.  Hyde Park received this moniker due to the many doctors and professors that lived in the area.

Being the home of the University of Chicago, Hyde Park also conjures images of theatrical productions of Proof and of course Barack Obama.  His home is not far away from the Museum of Science and Industry.

At the time, during the 1970’s and 80’s when mother and I would take the long ride on the number 55 bus to get to the museum enduring sights of declining living conditions and braving abominably cold winters, Barack Obama was in Indonesia or Hawaii, someplace other than Chicago.  Little did mother know that someday this neighborhood would put forth America’s first president of color. Nor did she realize that she was sitting on the 55 bus next to a little girl that would someday not vote for the presidential candidate from Hyde Park and become a conservative blogger of color.

On this visit to the museum, I was in a car. As we pulled into the underground parking lot my first thought was that I could safely say that in all of my years coming to the museum, I had never arrived in a car with door service.  Once inside, I felt a lump in my throat. Everything had been changed and updated and ADMISSION was $23.  Jumping  Bill O’Reilly!!!  Mom and I would never have been able to afford that. We mostly went in for free.  I paid for my ticket which included the regular exhibits and a tour of the new “S M A R T   H O M E”  aka Chicago’s greenest home. The Smart Home is an actual home built on the museum grounds as proof of the city’s commitment to green technology.  I will talk about my experience in the Smart Home tomorrow in a special Moonbat Monday –holiday segment (maniacal laughter) featuring Al “Goracle” .

Walking around with my head looking up at the ceiling, I began to recognize the old parts of the museum. Tour groups of kids surrounded me all leashed up to their teachers. What’s up with that? I wondered. God, how awful it must be to be leashed to your worst booger eating nightmare.  I rolled my eyes as the teacher unleashed the kids in uniform for a potty break.


This is not so bad after all I thought until I got to the circus exhibit, then the memories began to swell and overtake my cynical composure.

“Come on Afrocity let’s see the big top, “

From the Museum of Science and Industry "circus" exhibit.

Mother would say dragging me away from the souvenir shop. I was always upset that she was not buying me something. Food stamps would never get me that kaleidoscope I wanted but it was still bad mommy’s fault for being mean.   In silence and pouty stuck out lips, I would stomp through the museum as a virtual ice child until she got me into the circus exhibit. We would watch a model three ring circus with moving fat ladies and strong men. Special mirrors were installed so a little girl could see what she looked like 20 feet tall or short and fat. Lights that painted your face like a clown when you stuck your head in a box. Of course there was an educational film about a day at the circus, which we would sometimes watch at the exhibit’s end.  It was shown in a tiny theater and they would give you popcorn. Whether we stayed to watch or not depended on what shoes my mother was wearing.

Somewhere between memory and disbelief, I was jarred back to 2009 as I espied bottles of anti-bacterial hand sanitizer next to the exhibit stations.  The kids were pumping the Purel gel away as they climbed up the tiny ladders to the clown light boxes. Poor things, so young, so innocent, so H1N1 compliant.

Incidentally, the next time you hear me say I wish I were young again …give me a swift kick in the shin as hard as you can with your Ugg boots.

Between the leashes and sanitizing hand goop, I would NOT trade my days of having to type term papers on my grandmother’s old sea green Smith Corona (which was missing the “s” key) while listening to my Sony Walkman for an Ipod, school shootings and Obama Kool Aid drinker, Secretary of Education Arne Duncan on ANY DAY.  Now I know what mother meant when she would pity my generation saying “you will never know what the good ol’ days were like for us during the 1950’s…when a child never had to worry about being snatched from the roadside and we could sleep with our doors left unlocked…when a penny would buy you six pieces of candy and not one…when you felt gloriously lucky that Santa left you a stocking filled with apples, nuts and oranges for Christmas.”


I suppose that while technology gets better as time goes on, people get worse… The 1970’s seemed abysmal and inflated through the lens of my 1938 born mother.  The worse thing for her was crawling under a school desk during the nuclear bomb fear craze. The enemy was the Japanese or some atomic monster, not your  Doc Martin, trench coated classmate. Now as I watched the school groups gather around the Christmas trees of the world exhibit, all leashed, amber alerted and cell phoned up with everything not going wrong for themselves except a ball added to their bungee cord chains of bondage,  the 70’s look pretty damn good to me now.  Give me Charlie’s Angels, Fluff sandwiches and non organic fruit drink beverages colored with red dye #2 in a big brown paper bag—and hold the liberal sanctimonious scowl.

My own pictures from the Christmas around the World Exhibit

Fortunate for my sanity the museum’s annual Christmas tree exhibit were the same.  Each country had a green artificial tall furry representative.  There were trees from Brazil, Germany, France, and Mexico. I recalled mother and I standing in front of a tree covered with flags from Great Britain.  The new millennium has brought new politically correct additions to the “Christmas around the World” exhibit.  Now we have Bosnia, a Ramadan display and depictions of Kwanzaa.

Kenya Christmas tree

Each tree is adorned with ornaments of dolls, handmade crafts and virtually anything that generically symbolizes the country as we Americans see it.  It was clear that the curators were being as inclusive as possible but I am not sure whether or a Christmas tree is a typical December staple in many of the Asian countries as the exhibit assumed.  We all know the bamboozlement of political correctness. At least for this afternoon it was a harmless Christmas tree and not a machine gun pointing at me while I mailed my holiday cards in the local post office.

Native American Christmas Tree

Sigh even still..I felt the presence of mom here with me, Of mother and child. Of the joy of being with the person who will protect you from the ugliness of life. We were homeless together, starved together, she held only a GED education. She rose above the conflict within our live to give me a day at the museum and for that I am forever appreciative.

Guatamalan Tree

This museum is a main artery which leads to my past, kept out of circulation until this day. After seeing every tree and eating a grilled cheese sandwich in the café, I was tired and ready to go home.   On the way out, I heard a child’s cry. A small boy was protesting because his parents were making him leave the museum’s souvenir shop.  He pulled the old limp dead weight body trick. Ah, my young friend. It never works.  The adult simply picked him up and carried him out into the parking lot without a kaleidoscope or a rubber snake.

Close up of cookie ornament from the Croatia Christmas Tree

I smiled to myself as I followed behind them, thankful for the sparring I had just witnessed between mother and child. I had just witnessed a holiday miracle. I began to fully understand the message God was giving me. Technology and social ills may change our lives but whether we listen to our music on an old radio, a Walkman or an Ipod some things will never change.  At the end of the day at the museum, a child still reluctantly goes home.

Autographed Letter Signed,

Afrocity

 

The Bitch That Stole The Christmas Cell Phone and Other Tales of “Liberal Feminists” December 17, 2009

You’re a mean one Miss Flight Attendant Bitch…

You asked me to put away my cell phone…

Don’t you give a damn about how important I really think I am?

Miss Flight Attendant Bitch…

You better scram

before I clobber you…with a stimulus sized leg of lamb

*************

From this article on the American Thinker


Chuck Schumer calls flight attendant ‘Bitch’

George Joyce
Politico is reporting that Sen. Chuck Schumer, (D-NY), called a US Airways flight attendant a “Bitch” Sunday after a dispute regarding cell phone use prior to take-off.

According to a GOP aide on the same flight from New York to Washington, the flight attendant approached Schumer after he and fellow Sen. Kirsten Gillibrand (D-N.Y.) continued talking on their cell phones after an announcement requested passengers to turn off the devices.

When Schumer’s request to continue his phone conversation was denied by the flight attendant, he turned off his phone and began to argue with her about the rules.  Schumer persisted even after, according to the Politico report, the flight attendant had mentioned that “the entire plane was waiting on him to shut down his phone.”

The flight attendant reminded Schumer that she was only following the rules and then left.  According to the GOP aide Schumer then leaned over to Sen. Gillibrand and called the flight attendant a “Bitch.”

Brian Fallon, a spokesman for Sen. Schumer, said later that “[t]he senator made an off-the-cuff comment under his breath that he shouldn’t have made, and he regrets it.”

Wow. Back when I was a more active PUMA, I can recall several New Yorkers telling me how great Kirsten Gillibrand (D-NY)…Strong, outspoken, “a great woman to have represent us”. It is sad to say that her silence during Sen. Schumer’s “bitch” remark disappoints me. I have yet to see Senator Gillibrand actually live up the the good “take one for the girls” reputation that my PUMA sisters have bestowed upon her.  Of course Schumer’s  “bitch”  slip-up has earned him a huge Christmas stocking filled with mainstream media and liberal feminists crickets.

While browsing the comments on a HuffPo article about this incident, some liberals actually bashed the GOP aide who “leaked” the story, others exclaimed that they were disappointed in Schumer because they admired him so as a supporter of women. Gee, that sounds familiar…. You mean like Barack Obama being hailed by the left as a feminist while demeaning Hillary Clinton on the campaign trail???  Okay whatever works for you.

My favorite is this comment on the Chicago Tribune version of the story. They compare this incident to Obama and the Cambridge police debacle. They claim to want to know the details. Schumer called the flight attendant a bitch. Is there really much else to know?  Skip Gates was not called a “nigger” or a “boy”. The situations are not remotely the same in my book but you be the judge.

…On the surface, it appears that Schumer showed his arrogance…showed that he is above the law…showed his lack of professionalism….showed his lack of character.

As for the flight attendant…some stewardess (excuse me, flight attendants) act like they are God. The way to deal with them is to avoid any encounter. Just do what they say. And they know this…they know they have the power. So they act like the b word. Remember the incident between Victoria Osteen and Sandra Brown, the stewardess (excuse me, flight attendant), which was later proven that the stewardess (excuse me, the flight attendant) had previous similar modus operandi? Well, if this was not Victoria Osteen, this stewardess (excuse me, flight attendant) would have gotten away again with murder.

Knowing that some stewardess (excuse me, flight attendants) can be jerks themselves, it would be inappropriate to put all the blame on Schumer.

I don’t like Schumer. But to be a good judge, one cannot condemn Schumer, without knowing what happened exactly.

Don’t pull an obama, who admitted that he did not know the details, but yet concluded that Cambridge police department acted stupidly.


You’re a monster.

Miss Sarah Palin

You’re brain is empty

Like your pro-life, gun toting soul

We liberal feminists should defend you

But we couldn’t

you’re a conservative female

so we never wouldn’t

Miss Sarah Palin…

We would rather watch Oprah Winfrey

help lick Tiger “cheetah’s” wounds…

****************

From this article in the Chicago Tribune:

Oprah Winfrey Show Reaches out to Tiger Woods

December 17, 2009

By Fred Mitchell

When Tiger Woods appeared as a guest on “The Oprah Winfrey Show” with his father on April 30, 1998, he was reduced to tears.

I was in the audience that day when Woods and his father, Earl, promoted the book I co-authored called “Playing Through.” Almost 12 years later, the show has asked Woods to return to the set in Chicago to face a national television audience and address his admitted acts of infidelity.

Meanwhile, several media outlets quoted unnamed sources saying that Woods’ wife, Elin, will be filing for divorce in the wake of his confessed infidelity.

“Divorce is 100 percent,” one source told ABC News. “She’s not rushing to divorce. … She wants all the dirty laundry to be out on the table before she signs anything.”

In the wake of this personal turmoil, if Woods were to shed a few tears on “Oprah,” his public image likely would improve.

“We have reached out to Tiger Woods’ representatives, but nothing is confirmed,” a representative from Harpo Productions said Wednesday.

In the spring of ’98, Earl penned some special advice in “Playing Through” that was directed specifically to his son. Earl passed away in May 2006.

As Winfrey read the affectionate “Letter to my Son” from the book signed “Pop,” Woods broke down in tears.

Gov. Sarah Palin was not good enough for Oprah's couch yet Tiger Woods is. I hope Oprah covers it with plastic. Who knows what "cheetah" will do on that couch.

Poor “cheetah” now just like Chris Brown who beat up singer Rhianna we all have to rally at his side. Oprah is a bastion of feminism. This is a woman who refused to afford Sarah Palin a visit on her Emmy award winning “couch’ while campaigning “silently” for Barack Obama. Who would have thought that the world’s greatest talk show hostess with the free car under your seat and mostess, a survivor of sexual abuse and discrimination against African Americans and women would dislike a woman like Sarah Palin enough to actually sit on stage with Tina “sometimes I am a feminist for Hillary Clinton. Sometimes I am a cheerleader for the destruction of free political choice among women. Sometimes I just like to pose on magazine covers wearing little to cover my bony ass”  Fey chatting it up and laughing about Palin’s unique accent.

Now Tiger “cheetah” Woods will possibly  get a shoulder to cry on in front of a national audience thanks to Oprah Winfrey.  She would not give Sarah Palin a platform on her show until she deemed it financially expedient to do so and of course her manger child Obama was safe in the White House.  But “cheetah” sure..Americans need to hear him say it loud and proud…I made 18 hoes in one!!!

Score one for the girls.

Autographed Letter Signed,

AFROCITY




 

Afrocity’s Political Holiday Wish List: A Black Republican Star December 15, 2009

Filed under: Uncategorized — afrocity @ 10:10 PM
Tags:

If you have not already heard of him I want you to take a good look at Allen West, who is an outstanding American! He is a retired colonel and an unabashed conservative. I caught sight of this terrific person on the Sean Hannity show last night.


In 2010 he is  also running for Congress from Florida’s 22 Congressional District.  Take a look a this video of speaking at the American Freedom tour in Fort Lauderdale Florida.

 

Sunday Soliloquy: You Can’t Handle The “Truthers” or “Deniers” December 13, 2009

Last Friday night as always, I tuned in to TRU-TV to watch my favorite show Forensic Files. The episodes are fascinating and I love to see what forensic scientists can do with a tiny speck of rubber left from skid marks and such. While watching an episode on a peeping Tom gone awry, TRU-TV ran a promotion spot for former Minnesota Gov. Jesse Vetura’s new show Conspiracy Theory. When I hear the words “conspiracy theory”, the first thing that enters my mind is all of the green martian men hanging out at the Grassy Knoll with Elvis Presley and Tupac Shakur. Despite the idiotic premise of the show, I decided to give it a chance and watched the marathon aired by TRU-TV Saturday afternoon.

In one episode Gov. Ventura is actually chasing after a magic weather machine created by a big evil Alaskan corporation HAARP and submitting himself to mind control.

The episode succeeded on it own terms in that it was great bait for conspiracy hounds to come back web crawling and begging for more.  I was mildly amused after all it is meant to be entertainment. However, given my bitterness over the way the media treated Sarah Palin, I wondered if Jesse Ventura would have been treated with the same contempt and disdain had he been John McCain’s pick for vice president.  Watching Jesse Ventura in full frontal lunacy, I felt gripped by the urge to strangle the people of Minnesota for electing him to the governorship in the first place. Now like Al Fraken, this loose cannon has clout and credibility. As I attempted to watch Conspiracy Theory episode on 9/11 cover-ups by the government, I began to see the danger of Jesse Ventura’s credibility.


Yeah…..”Truthers” …make me sick.

Truthers, make a mockery out of one of the most tragic chapters in American history. Jesse further goes on about the missing flight recorder boxes from the four air crafts involved in the 9/11 attacks. Apparently the 9/11 Commission Report claims that the black boxes were never recovered. Jesse has dug up deep throat style witnesses to prove otherwise.

I will go out on a limb here and say that if the FBI indeed is lying about the recovery of the black boxes… I really do not give a damn.  Perhaps the FBI is concealing the truth because ummmm, they do not want to reveal everything that happened in the cockpit because….they do not want the information to be used wrongfully by terrorists… Just a thought.

Addled, by the joke that is his governorship, Jesse proceeds to badger an FBI employee and scare the shit out of the friends of some poor informant  to the extent that they fail to show up for a clandestine meeting at a diner.He then questions their credibility “Why would they drag us out here to cancel” etc, etc…

It is at this point that I realized I could not handle the “truthers”.   The knowledge that such people exist is proof that there are gullible people willing to find inauthenticity in anything…Slavery, the Holocaust, 9/11 you name it.  I do not entertain truthers anymore than I would allow a “birther” to guest post on this blog.  “Trig” is not Sarah Palin’s son, “Obama is not American” blah, blah, blah. While O’s policies may call for the decline of America, I will accept that he is unfortunately American and our president.  The best I can do about it is to vote against him in 2012 granted he man up and run for re-election.  The best we can do about preventing another 9/11 is being vigilant and not succumbing to hyper political correctness or allowing GITMO detainees to have a OJ Simpson-esque trial in New York City.

That is what the people want. Here is a moving clip from Sean Hannity’s show with actual 9/11 survivors and families of the victims. They do not want the terrorists to be tried in civilian courts, steps away from Ground Zero…Here Gov. Ventura. Handle this truth. The father of one young victim point blank calls President Barack Obama “a liar” for backsliding on his promises to the 9/11 families. His testimony is very moving.

Autographed Letter Signed,

AFROCITY






 

Political Holiday Wish List: That Feminists Would Know What A Feminist Looks Like December 10, 2009

Vintage Cover of MS. Magazine

Growing up during the 1970’s persuaded me to swallow the huge bitter slow time released pill of feminism. Housewife bad. Career woman good. Armed with birth control pills and college degrees as women, we marched in step the women’s liberation movement. By the time I was a teenager, something shifted. A good woman could now balance everything– work and family.  Drive a Land Rover to her corporate job in New York City while making Juicy Juice popsicles for her artificially inseminated triplets.  Magazines such as Working Mother went into circulation. Nannies, the Today sponge,  Wonder Bras, Monica Lewinsky, Hillary Clinton, Sarah Palin…Yes Sarah Palin.

How does feminism solve a problem like Sarah Palin???  A conservative, gun toting candidate for the 2008 vice presidency. She is pro-life, Alaskan governor, five kids, former beauty queen. Has a gorgeous husband who loves her. Mother of a special needs child… What is there not for feminists to like. By all accounts, Sarah Palin is a remarkable woman, living the feminist dream.

Or so one would think…

Sarah’s view of her duties as a politician is surprisingly free of snobbery. Moreover she has the rare ability to actually blend in with her constituents in a way that makes you feel she understands your needs because she has been there.

So why did feminism throw Sarah under the bus for Barack Obama? Because she is conservative that is why.

Remember this is the same movement that took sides with Bill Clinton during the Monica Lewinsky.

Ultimately what is most important to feminists is supporting a leftist agenda and not the true rights of women.

How can women be treated as equals among men when the very movement that claims to support us does not see Republican and conservative women as equals among women?

In the end, we all lose as women.

What is it saying about tolerance and acceptance when the only commemorative postage stamps of great women are liberals? Are we not free to think for ourselves without ridicule from those who share the same genital parts? If Afrocity can be African America and conservative, she can also be a woman and conservative. Right?  If this is true will someone please tell me why I have been given the pink slip from each group. I have been stripped of my gender membership as well as my racial membership cards.

Is This What Feminism Looks Like?This Christmas there will be no visit to Afrocity from the Feminist Santa. Fine!!!

I will not put any tampon shaped cookies and birth control pills by the fireplace for Feminist Santa on Christmas Eve.

Upon being abandoned by my race and gender, I do occasionally read what I am supposedly missing. Just yesterday, I happened upon this review by Ms. magazine of the newest Twilight film New Moon:

New Moon, Same Old Sexist Story

By Carmen D. Siering and Katherine Spillar

Sure, the film New Moon is breaking box office records, and both tween girls and their moms are swooning over pale-faced vampire Edward and hunky werewolf Jacob, who both vie for the attention of our ostensible hero, Bella. Isn’t it romantic?

Well…. with just a moment of critical analysis, feminists can’t be too happy about how the latest episode in the Twilight series, adapted from Stephanie Meyer’s popular books, represents a young woman and her place in the modern world. In fact, the New film is really just more of the same, only worse.

Where director Catherine Hardwicke, who helmed the first Twilight film, subtly tweaked the characters of Bella (Kristen Stewart) and Edward (Robert Pattinson), creating a somewhat more equal relationship between them, New Moon director Chris Weitz seems content to let things stand as Meyer wrote them. Edward reverts to his overbearing ways, dictating the direction of the relationship—in this case, ending it—and Bella quite literally lies down and takes it.

In fact, just moments after Edward leaves her, Bella stumbles in the woods and refuses to get up, lying in the muck until a strong, bare-chested man carries her out. Later, we see her sitting in her room, staring out the window, as the months roll by. When she isn’t sitting and staring, she is in bed having nightmares. Very empowering.

Alaska Gov. Sarah Palin, then Sarah Heath, holding the 1980-1981 Wasilla High School Girl's Cross Country Running championship trophy in Wasilla, Alaska.

Ms. give me a break. How do you expect for anyone to take you seriously about the lack of female empowerment in the Twilight series when your writers cannot accept a that a conservative woman running for the office of Vice President of the United States could possibly be empowering to young women everywhere?

Sounds like you are the ones who do not know what a feminist looks like.

Autographed Letter Signed,

AFROCITY

EW!!!!

EWWW

 

The Twelve Days of Obama Christmas December 8, 2009

Filed under: Uncategorized — afrocity @ 10:35 AM

Here is a new twist to an old holiday classic…Hat tip: James L. Guest of Purple People Place Program on Blog Talk Radio.

♪♫ On the 12th day of Christmas Obama gave to me: 12 KSM Jurors, 11 $Trillion Debt, 10% Unemployment, 9 Communist Czars, 8 Adoring Networks, 7 Bush Blamers, 6 Death Panels, FIIIIIVE Wars on FOX……… 4 Years of Hell, 3 Crashing Polls, 2 Teleprompters and a Marxist Ideo-lo-gy! ♫♪ ~

 

 
Follow

Get every new post delivered to your Inbox.

Join 49 other followers