Archive for the ‘Oil Dollar’ Category

Body Blow, Body Blow, Body Blow

Monday, July 21st, 2008

Yo, I must admit, in grad school I played video games, Madden and this boxing shit. What I remember about the boxing game was that when u would hit folk, it would say stuff like “body blow, body blow, head shot, body blow.” I like-ed that shit.

I am reminded of this because I feel that it is the perfect introduction to our economic concerns as we are all citizens of the united states of America, now true, I was gonna post on something I wrote this morning called “WORK HARD AND DONT COMPLAIN.” But after reading the comments to the previous post by the scholarly Jay MidNite, Kelso (and he has interest) and No slappz, I digress. Again, blame my pons, and throw in the sulcus of my medulla oblongata and my subsequent Glossopharyngeal nerve anatomy (in picture) while u at it.

Mane, Jones here love him some loot. And as a person that has adapted capitalism for his own well being, I take pride in using brain cells to do such, just as much as I do showing love to others. But it seems as if my economy don’t got no love for folk no more. I have personally documented several contusions to my efforts to accrue capital albeit I will not be denied.

First, the housing market is basically a bust, and it aint been this bad in 70 years. As of date houses prices have dropped maybe 15 to 20 percent in real terms and its only just beginning. Before it is all over, if you pate 100 stacks for a crib, it may end up being worth 70 stacks. Add to that the credit crunch which I figure is the worse since the post war period thanks to Sir Alan green hornet, I mean Span – which I wrote about a few weeks ago. I mean when folk loose a trillion dollar globally, it makes me think that one is in serious trouble; and don’t trust what am mother fucking bankers say. Then there are oil prices coupled with equity dropping like its jumping out an airplane. Just tell me that we got to work a lot longer to buy gas, let alone a barrel of oil. So as jay said, it dont matter, Europe at 10$ a gallon and we gon finally reach the rest of the developing world -yawl aint ready though.

The strange thing to me is that households are paying interest rates no different than in the past. Sure we just got some stimulus checks, but they will only last and benefit one quarter – the second. Yep, it is good; I mean a 100 billion for one quarter but when it is gone what happens next?

All I am saying, and Jones here aint no economist, but rather a single man that like saving and counting money, for money is to make money and not to spend. We don’t even contribute to global GDP growth, but rest assure, the rest of the world does when we cant and will move alone.

The US has weakened for past to years when the rest of the world has shown increased growth and in most cases accelerated economic growth. Europe, Japan, China, and don’t add Arab countries. Not to scare yawl living like life is all that, my query is if the rest of the world can find economic growth, why cant we folk? Cause all I’m seeing and feeling is body blow, body blow, head shot and body blow.

the great unifier

Monday, June 30th, 2008

I have been told that ignorance is bliss. I frankly disagree with this, but I have finally come across a case in which such may be factual and the case. We have suffered a rather harsh and disturbing 8 years under the current commander in chief. We have seen high fuel prices, a dwindling economy, namely proffered by a reduced manufacturing base, lowering wages, and decline in the housing market and reduced purchasing power of the dollar. There are more I could add, including a costly war that was implemented for over zealous personal gain and/or fame and lowering academic performance across the board from primary school to college.

Yes, GWB has put his foot in it, basically unknowingly and via the suggestions of advisors that seem to have never had the best interest of folk like us in their hearts. I really feel sorry for the next president. I know it will be better in some form or fashion, but the road traversed will be arduous and difficult. Bumpy even with a many of moguls to avoid.

Yep, GWB, his legacy will be an assorted one. But for me, I will always recognize for his inept outcome regarding the current state of political affairs. For me even with the war and stagflation, I will always remember him as the great unifier. Yep, for this one man in his eight years has managed to do what others, even Martin King Jr. could not do. He has managed to bring together, whites and blacks, men and women, gay and heterosexuals, natural born citizens and immigrants, republicans and democrats. For we all know he must go. He has done all of this believe it or not unwittingly. So George W. Bush, I toast to you, leaving office and unifying America, for with you, your folk and your policies, we would not have been on the verge of this new possibility, of a man of African descent, taking residency in the white House.

Caanan. Good look folk, welcome to the roll scholar.