May Day

The ever present email trail has shown Goldman was playing against the market as their traders were bragging about their collective efforts. What was the SEC doing? Looking at porn.

The Ponzi scheme that is called social security is now faced with a negative income situation and those IOU’s issued to the fund must be paid upon. More debt to an economy that will be staggered by the short and long term consequences of the federal government using a credit card approach to the budget.

Scott Burns had an interesting point about the economic recovery in a column on Sunday. This recovery is shaping up as V shaped meaning unemployment will remain high.

Here in casino land the BOS is asking or is that pleading for the Tribe to have an open discussion. IMO the Tribe would be nuts to have an open forum unless in was run similar to the way the school department handled the override meeting - submit questions. I’m sure the goal of the Tribe is to slither away from a commitment that has come back to bite them. Has anyone taken a picture of “The Raven” in his orange jump suit picking up highway trash?

Physicist Stephen Hawking has warned about contact with extra terrestrial life as it may post a significant danger. I’m more concerned about the terrestrial life.

The Massachusetts House tried to sneak through the possibility of legislation to circumvent prop 2 and ½. When tax payer groups and certain legislators got wind of this slinky maneuver it quickly fell apart. Governor Patrick and Senate Chair Murray said they would have rejected it. Sure they would.

The gimmie bill know as Quinn has become somewhat of a political issue. This excessive payout to the multitudes “graduating” from Anna Maria College has certainly risen to the surface in cash strapped communities. Bad enough with paid details.

WOW wants bipartisan support on issues dealing with the debt. I’d encourage the party of no to look the other way. WOW - AKA - Commander and Thief - was exhibit #1 to get us in this mess.

The Massachusetts House recently killed legislation that would remove illegals from the welfare rolls. I am just amazed at the extent of benefits that are handed out to many who make a living off of those who make a living.

The do as I say not as I do crowd is in full sue mode after the approval of Cape Wind.

Thanks, Ed, for your CPA efforts to tax those who pay taxes while you live where you can avoid it.