Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

October 06, 2014

The November Culling

You can drop down to the quote below to see what prompted this entry. If you drop down, you will miss fine literature.
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I tend to wake somewhat early and put on the radio to talk me back into sleep, a fine strategy.  I wake an  hour or so later, usually, to the teenager's guide to business on the Wall Street Journal Report. It is interesting to hear how kids report economic information and news. They say things like, "What is trending is like…" This is the ESPN model of financial reporting.  I quickly tune to the overnight BBC segments on the public radio.


Here, you get on the ground reportage, including bombs in the background. One receives reports from all over the world. The host is subtle, quick, and right ontop of the reporter with quick questions. Many interview segments have no equivalent in our media and there are immediate comments from all over the world that pepper the show. Not infrequently some Monty Python character arrives exercise a polished, affected, class voice and pompously deflect all material questions.

The intense and urbane chatter of the BBC is replaced by 1960 jingles and hip jazz sounds, for the 1960s, as well as endless non-commericals commercials.  Today, however, I have to report the crap-trail that are criss crossing our skies.

The BBC previously had a report that the demonstrators in Hong Kong were dispersing over the weekend and there was a deadline issued by the Chinese government that demonstrators should go away by Monday. However, according to NPR, the attempts to quell the demonstrations were not working and there are not enough police or jails to deal with demonstrators. (I guess they stopped using tanks.)  That the left turning on Beijing is interesting; but, wait, there is more.

The show "Marketplace" came on, the NPR source of business news. Here is a page to visit. Listen if you like. The interview was about
William Dudley, president of the Federal Reserve Bank of New York, thinks a lot about inflation. He joined Marketplace Morning Report host David Brancaccio to talk about when to raise interest rates to thwart inflation, and why he thinks it's good to let the economy run "a little hot" before taking action. 
...Dudley also addresses concerns that the New York Fed has become too deferential to the financial institutions it watches over. This question moved to the foreground after the public radio program This American Lifealong with news organization ProPublicaobtained audio recordings made secretly inside the New York Fed. The recordings were made by a former New York Fed employee who later sued for wrongful dismissal.
The interview assumed at all times, and by Dudley, that the NY Fed was a government organization that governs the financial community. Dudley agreed that the NY Fed did become too close to those it was supervising!  Wait, some more:    !!   !!

I am becoming typeless. Obviously, Dudley was lying. The key question is the national reporter a liar or incredibly stupid. (David Brancaccio)  I am not so sure, having heard the WSJ Reports.

The Federal Reserve of New York is a member of the Federal Reserve. The FED is the financial community!

The above lie is Orwellian and is broadcast across the U.S. to true believers.

On top of lying about the Fed, this weasel, listen for yourself, Dudley agreed the Fed was too close to the banks and presented his job as regulating the rapists he represents.  Since 1913, The Fed pretends to be part of the government and this still works, except on the stupid people of the Tea Party and Libertarians.

So, I return to an earlier thought: go and vote this year and focus on your board of education. You have to do your homework to root out the dilettantes. The national elections are easy, vote against all people Washington. Begin the virtual term limit movement.

Usually, professional educators are the NPR types who have no idea their ideas are destroying children's futures. The school boards are supposed to guide the physical operations of the districts, but they are packed with profoundly dangerous elitists who have lunch with the teacher's unions.

For God's sake, home school.

I turned off the radio when it announced the latest thing in Vermont is the adoption of the new "Big History" in schools where the broad impact of things like global warming are studied. Who needs a history of the Fed?

There is no more important vote than that of the school district. On the federal level, all we can hope for is massive gridlock, so the rest of us can gird ourself.  However, we cannot survive another generation of poorly educated true believers. Like, umm, tweet that.

Take out all establishment leeches. Parties do not matter. Locally, we have another Harvard kid who never had a real job running for Congress, who was picked by the Rove types. It is time for grown ups, so we each must seek them out or, probably, ask them to run. Those who seek office, regardless of party, for the most part, are mentally or morally defective





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