Tuesday, September 7, 2010

Economy Financials Foreign Policy Trash on Internet Snopes.com

Tags: Trash Over the Internet, Economy, Best Way to Teach, Best Way to Learn: The Real Story

Elaine and Geraldine,

If we count wars and USA bases overseas, we sure do give mucho foreign aid and the fake or not survey below doesn't mean anything. The only reason we give countries any money is for our own interests such as oil and minerals. Israel has long been our policeman and enforcer in the Middle East, a role that has been diminishing because Israel has no oil and we import or about 73.6% of all our consumption. Brazil will become a big player if they give in to companies such as BP to do their deep water drilling. Ha! Ha! http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

Crude Oil and Total Petroleum Imports Top 15 Countries

June 2010 Import Highlights: August 30, 2010
Monthly data on the origins of crude oil imports in June 2010 has been released and it shows that four countries exported more than 1.00 million barrels per day to the United States (see table below). The top five exporting countries accounted for 64 percent of United States crude oil imports in June while the top ten sources accounted for approximately 87 percent of all U.S. crude oil imports. The top five sources of US crude oil imports for June were Canada (2.197 million barrels per day), Saudi Arabia (1.348 million barrels per day), Mexico (1.066 million barrels per day), Nigeria (1.066 million barrels per day), and Venezuela (0.850 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.630 million barrels per day), Russia (0.437 million barrels per day), Angola (0.425 million barrels per day), Colombia (0.387 million barrels per day), and Algeria (0.375 million barrels per day). Total crude oil imports averaged 10.145 million barrels per day in June, which is an increase of 0.523 million barrels per day from May 2010.

Canada remained the largest exporter of total petroleum in June, exporting 2.733 million barrels per day to the United States, which is an increase from last month (2.527 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.353 million barrels per day.

These ignoramus also upset me because so many ignorant Americans, even intelligent ones, believe this crap. If someone or some country does not agree with some of our misguided policies, they are wrong and disloyal as Republican minded Americans think and their thoughts influence all Americans. There are good reasons to be paranoid, but the true culprits are the BIG BANKS who have hijacked our country, our politicians, and the minds of many Americans.

The book "How We Decide" by Jonah Lehrer 2009, is a must read book for those of us who really want to understand how we think with our emotions which is extremely fast, but can be wrong. Creativity is such a process which dropped 20 percent since the Internet came into full use and why Americans now get information in Sound Bites on the Internet so think like Sound Bites. Skimming and distractions while reading gives one a Shallow mind.

I was constantly asked by my very intelligent management how did I solve problems too difficult for the smartest (Ivy League) chemists and engineers. I was too embarrassed to tell them I don't know. It came as a flash which all really creative solutions all come. Jonah Lehrer tells me why.

One think Important for All Teachers is that the worst thing you can tell your students that you got the answer because you are very smart. Those who praise the hard work and effort of the students greatly helps their ability to learn. The smart ones learn to keep quiet unless they are sure of something before they give and answer. The secret in teaching is to praise your students for hard work and allow them to make mistakes. That is really how we all learn! Don't embarrass your students. How did we get our former leaders who made all the great advances before all these New Ways of Teaching.

Although many of my best friends have high IQs, I still treat everyone as equals and really enjoy talking to everyone which I can do in Eugene, but not Los Angeles or New York.

Strangely, I am astonished at how easily I upset Professors at the University of Oregon when I ask questions that they cannot answer!

The wife of a geology professor who has a Ph.D. from the prestigious University of Chicago under Friedman got very upset when I contradicted her theories with evidence. I guess I am not good company for those who don't like questions for debate. I guess that is why I have so many Jewish friends who love to debate because it is in their souls. It is the only way to learn. Don't be afraid to make mistakes!

A more difficult book to read is Shallows by Nicholas Carr which goes into brain research at the neuron level. At first Carr's book and conclusions were ridiculed, but those who make their living on the net concede now that our knowledge is shallow now.

It cements my conclusion about President Obama and why he has made so many political mistakes although well meaning. Presidents don't have the option of really understanding what they do not understand. They have to know who to believe and it is not just logic, it is experience of the right kind. That is why leaders in the Senate are often good Presidents because they have the right experience.

The wealthy and powerful like to put inexperienced Democrats to bear the brunt of what Republicans have done to screw up the economy. Carter was one and Obama is another one. Hillary Clinton would have been a much better President. She was a leader even in elementary school! Lots of bad things happen to us under the radar!

Don't believe that voters are manipulated by Wealth and Power? You make a perfect servant as many with Ivy League education have been doing for a very long time.

The highest paid CEOs are the most ruthless ones that are willing to fire employees wholesale as they have all have done to increase profits. The stupid CEOs in the cabinets and Executive branch of the Bush fiasco is just one example.

On Friday on Need to Know on PBS always has interesting and important information in a brief format. It is run by the current editor of Newsweek, Meacham, who will resign when the new editor is selected. It is fact based rather than ideological as most PBS programs try to be. Corporations and Republicans don't like the truth so when they are in power, they try to undermine PBS by picking someone to sabotage PBS as was done during the Bush administration. The fight to keep Bill Moyers off the air was fierce!

All the proposals made by Obama and Democrats to improve jobs and infrastructure is chicken feed compared to how much the Federal Reserves has "loaned" to the banks. They will pay back with inflated dollars so we can't blame them for taking all they can.

Bob Ivry of Bloomberg News http://www.pbs.org/wnet/need-to-know/economy/the-true-cost-of-the-bank-bailout/3309/ said the Federal Reserves loaned out $7.7 Trillion so far by printing money, Paulson's Treasury gave out $2.7 Trillion, and the FDIC $2.0 Trillion!!! It is probably more and the Federal Reserve which is made up of PRIVATE BANKS refused to disclose the information to congress. The Paulson Tarp Passed in the Bush term.

Isn't it about time we get rid of the federal reserve so the banks are really punished for taking risks greater than those taken by commodity traders? Just like Big Oil under Teddy Roosevelt. We must break up the monopolies in Banking. We saw under the breakup of AT&T that innovation came about. Unfortunately under Republican rule including Clinton, especially Bush and Reagan, consolidation accelerated. Big companies don't like to take risks as small companies must to thrive. Which would you want?

Vote Democrat and vote in the primaries to get the Democrat you want more liberal or more conservative. Republicans are too closely tied to corporations and wealth. The Democrats have to satisfy their voters including Independents so some change is possible. How much depends on voters in the primaries. That is how the radical Republicans transformed the party.

Economy: Retail sales are going like gangbusters as I predicted. Being completely in bonds including government Ten Year Treasuries is quite dangerous. Inflation might take ten years or more to come, but come it will. My guess it will be sooner than later. Yes, investing requires a lot of guessing. Once the facts are known, it is too late to invest. Unfortunately most Americans invest this way. How to avoid this? Read a book or two. Knowledge puts things in perspective and you might become skeptical about all the analysts who are too optimistic or too pessimistic at the wrong time.

Jim Kawakami, Sept 7, 2010, http://jimboguy.blogspot.com

WHAT: 6th Annual Monetary Reform Conference, American Monetary Institute

WHERE: Roosevelt University, downtown Chicago

WHEN: September 30 - October 3

Registration/Donation: $395, or special $175 Admission for qualified students and activists dedicated to monetary reform. Reduced room rate until Sept 16 at select hotels, details at link below. http://www.monetary.org/2010schedule.html My contact info: Geri at 708-460-5683

The true cost of the bank bailout

Need to Know, PBS, Bob Ivry Bloomberg News, September 3rd, 2010

We all know about TARP, the Troubled Asset Relief Program, which spent $700 billion in taxpayers’ money to bail out banks after the financial crisis. That money was scrutinized by Congress and the media.

But it turns out that that $700 billion is just a small part of a much larger pool of money that has gone into propping up our nation’s financial system. And most of that taxpayer money hasn’t had much public scrutiny at all.

According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy. The Bloomberg reporters have been following that money. Alison Stewart spoke with one, Bob Ivry, to talk about the true cost to the taxpayer of the Wall Street bailout.

Tags: bailout, bank bailout, banks, Bloomberg, Bob Ivry, Congress, financial crisis, financial sector, tarp, Wall Street

Re: Just because someone says it or it is on the Internet ... check Snopes.com

Another one - drives me crazy! Elaine


How they vote in the United Nations:

Below are the actual voting records of various Arabic/Islamic States which are recorded in both the US State Department and United Nations records:

Kuwait votes against the United States 67% of the time

Qatar votes against the United States 67% of the time

Morocco votes against the United States 70% of the time

United Arab Emirates votes against the U. S. 70% of the time.

Jordan votes against the United States 71% of the time.

Tunisia votes against the United States 71% of the time.

Saudi Arabia votes against the United States 73% of the time.

Yemen votes against the United States 74% of the time.

Algeria votes against the United States 74% of the time.

Oman votes against the United States 74% of the time.

Sudan votes against the United States 75% of the time.

Pakistan votes against the United States 75% of the time.

Libya votes against the United States 76% of the time.

Egypt votes against the United States 79% of the time.

Lebanon votes against the United States 80% of the time.

India votes against the United States 81% of the time.

Syria votes against the United States 84% of the time.

Mauritania votes against the United States 87% of the time.

U S Foreign Aid to those that hate us:

Egypt, for example, after voting 79% of the time against the United States, still receives $2 billion annually in US Foreign Aid.

Jordan votes 71% against the United States

And receives $192,814,000 annually in US Foreign Aid.

Pakistan votes 75% against the United States

Receives $6,721,000 annually in US Foreign Aid.

India votes 81% against the United States

Receives $143,699,000 annually.





Perhaps it is time to get out of the UN and give the tax savings back to the American workers who are having to skimp and sacrifice to pay the taxes.

Pass this along to every taxpaying citizen you know.


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