this just in: 90% of all money is created out of thin air

“None are more hopelessly enslaved than those who falsely believe they are free.”
- Johann Wolfgang von Goethe
“Modern Money Mechanics: A Workbook on Bank Reserves and Deposit Expansion” was first written by Dorothy M. Nichols back in 1961 and last revised by Anne Marie L. Gonczy in 1994.
Long out of print, the workbook was designed as a primer [...]

when bad karma comes home to roost, it usually ends in GM (General Misery)

AWAITING DESTRUCTION–Old Pacific Electric cars are piled up like toys at junkyard on Terminal Island, California, awaiting dismantling and destruction. -image from The Los Angeles Times - March 19, 1956
It used to be said that: “What’s good for GM is good for the country.”
 
Between 1926 and 1950, General Motors (together with Firestone Tire, Standard Oil, Phillips Petroleum, the Mack Truck Company, [...]

g8: — gr8 taste –less filling

                                                    Okay, maybe it sucks AND blows.
 

                             I can hear the ocean.                                                             I think it’s mad.
Like that ancient Miller Lite commercial where Bubba Smith and Dick Butkus argue
over the eternal points as to what makes their beer best.   …”Great Taste — Less Filling”.  …Who cares!  It’s still just an insipid brew that’s made both of you (Dick and Bubba) overweight, slow-moving Neanderthals!  Just like the large, dottering G8 nations that are [...]