Metallic Pea

Frustrating People Since 1971.

On Default Line

with 2 comments

‘…and to aspire to live quietly, and to mind your own affairs, and to work with your hands, as we instructed you, so that you may walk properly before outsiders and be dependent on no one.’  I Thessalonians 4:11, 12





  • I always felt sorry for people who had children. I never wanted to have a child. I thought children were a terrible waste of time, energy, and money. I literally felt very sorry for people who had children. I was never going to do something so foolish. I was totally, unbelievably wrong. I am telling you, it is the best thing that has happened to me. If there is anybody watching this show who has not had children, I urge you to get home and get on with it. You take a day off if you have to. You don’t take a day off these days, go home for lunch. But you should definitely have children.’  (Legendary investor/ billionaire Jim Rogers) 



  • I don’t know what the Russians are worried about; essentially everything Americans currently think about World War II is false as it is



  • U.S. Vice President Joe Biden rejected the Russian push for a sphere of influence over former Soviet nations, saying as he headed to Georgia on Wednesday that no nation could veto another country’s choices.’  (Does he really expect us to take them seriously?  We’ve been ‘vetoing’ other countries’ choices for decades!) 



  •  ‘Beginning in the 16th Century, Scottish Presbyterian churches began using communion tokens.  Before the celebration of communion, church’s [sic] elders would visit each member and examine his or her knowledge of the faith.  Those meeting elders’ approval were given a small lead (or other metal) token which permitted them to receive communion.  These tokens often would list the church, a year and the minister’s initials.  The use of such tokens continued when American Presbyterian churches were created.  By the early 20th Century, use of such tokens ceased as clergy and elders viewed communion as a means of grace, as opposed to a reward for knowledge and good behaviour.’ 



  •  ‘The attorney representing an Army major fighting deployment to Afghanistan because he believes Barack Obama is not legally his commander-in-chief is declaring victory after the Soldier’s orders were revoked yesterday.’ 







  •  ‘Only when at least one of these criminal gangs is dismembered will there ever be any “change” in Washington. With the Republicans out of the way and the Democrats completely discredited, the chance for a true revolution in Washington couldn’t be better. You may say I’m a dreamer, but life without Republicans should at least be considered. With the taste of Bush and Cheney fresh on our tongues, what do we have to lose?’ 



  •  ‘The business model is remarkably simple. So simple even a banker can get it. You borrow from depositors at one rate. And you lend to borrowers (who are also depositors, usually) at a higher rate. What could go wrong?  Well…that’s what makes bankers bankers. They manage to mess it up.’ 



  • By 2007, the world economy was taking curves far too fast. As we guessed, the stimulus didn’t stimulate nearly as well as the meddlers had hoped. Instead of increasing real output in the US, it lured Americans to spend and speculate…and drove Chinese entrepreneurs to put up new factories in order to give them something to buy. In America, debt grew 5 times faster than GDP; for each dollar of extra income, Americans added $5.50 to their debt.’ 


To-day’s 1980’s Moment: Glass Tiger – ‘Don’t Forget Me When I’m Gone’


Written by ninepoundhammer

July 27, 2009 at 6:05 pm

Posted in economy, History, Music, Politics

2 Responses

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  1. I do not dispute for one second Yankee war crimes, but what about Confederate war crimes? The examples are endless of Confederate war crimes, ESPECIALLY against black troops from the North. Black POWs were almost always treated worse than their white counterparts. There are plenty of instances I’ve read about when black POWs were assumed as property and taken into the South as slaves.

    The worst example I know of is the massacre (of a predominately black contingent of POWs) overseen by Nathan Bedford Forrest at Fort Pillow in 1864.

    Do you deny these sorts of war crimes on the part of the South? Or are you just trying to correct the ridiculous overemphasis in our culture on the supposed angelic nature of the North?


    July 28, 2009 at 12:20 pm

  2. @Brian: There are a couple of aspects to the issue regarding the Confederates. First, the ‘Fort Pillow Massacre’ is a lie–it never happened. It was a false charge manufactured to make Forrest and, by extension, the Confederates, look bad. The Yankees, though fleeing, never surrendered and continued to fire upon the Confederates even in retreat. Witnesses on both sides attested to that in several investigations undertaken during and following the war.

    Secondly, I have not and would never suggest that war crimes were never committed by any Confederates. However, the primary distinction is that the Confederate leadership officially forbid the practise and punished those who perpetrated such acts while such dispicable acts (including the waging of the war itself) were not only tolerated by the Yankee leadership, bthey were officially endorsed–and encouraged–by them.


    July 28, 2009 at 12:36 pm

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