It seems like only yesterday …. the capitatarriots of CNBC were making snide aside astride the news from Europe + France. You know, the country we all hate. That news about the central banks coming in to the fog of capitalism, not with a light nor a horn but with, well, capital. Today the king of our own Fed, Bernanke, learns French and pledges bucks for the young over bred bulls of wall street. If their overfeeding didn’t stop they would soon be called Well Street, and we all fall down. Instead a sip of Pernod and nod of the chapeau to le Pew and the smell from our own stock yard. If you don’t know how you got here, you haven’t traveled far. Wall street still sits upon the decaying shits of long dead cattle. Bonjour le Pew, bonjour sweet smell.
Category: econocaste
economics .. the short version, since the long is wasted on the young
Uncle As Competitor
The govment as a competitor. Providing service in a cashless society … overnight success of FedEx.. Friday to get there by monday. FedEx cash machine was “down” so come back tomorrow, maybe it will be up. Use the Post Office on Saturday for Monday delivery. They take cash. They take back what they printed. What if FedEx printed their money (they do as an account). Money is anonymous, comes without instructions, has no manners nor morals.
Rate Of Pay
This is the back of an Army Pay Stub… Nice that it showed who made what … maybe we still tell the troops the cost of their stripes and bars. When I see this I realize again how foolish the Friedman-esque statement about “Mercenaries” was. Remember, most of the soldiers in Vietnam when this Pay Stub was issued signed up. They were “RA”, not “US.”
I was one of the very few draftees in that first build up. I knew no other “US” in my MOS in my unit.

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