Storm posted up for the weekend – which was quite an anomaly for June. And check the satellite pics – this storm would look more at home in the Gulf of Alaska. Any case, the storm stripped the surf so that it was nothing but victory at sea. Today, the ocean was back in shape, but the leftover wind swell just didn’t look that inviting – although there were plenty of takers.
Surfed south at Tiburones – It was fun, if a little windy. As expected, the shenanigans are ramping up – ill mannered LB-off-the-tail idiots, a new crop of kids, newcomers taking off on the left – going right (there’s no left here!), it’s a beginner-spot-I-graduated-from-surf-school, and the regular crew just trying to get by. Yes, school’s out, it’s summer, and the living is easy. A second day of Sharks was still fun – a bit small at waist to shoulder high – looooong waits. The kids were having a blast on the left. They were yelling and screaming, giving each other shit, and apparently holding a contest amongst themselves. I’m not sure, something about completing a 360-rail-gab or another. Anyway, it was fun. Then, next thing I knew, two LBoys paddled out, and in no time, one of the unknown LBoys started screaming at the other – shenanigans. It was fucking waist high! So to pass the time, one of the crew treated me to a story of further mayhem that concerned an LBoy, a boarder, and disparaging words concerning the boarder’s mother – who left the world when the poor boy was twelve. Seems there are some working to bring it lower – evermore lower – new lows. On the bright side, looks like Steve’s got a nice one.
South showing on the buoys tonight – May 31, 2011, Harvest Platform is showing a swell at 3.1 feet from 175 at 20 seconds. The swell is showing on buoys up the coast at 2.8 feet from 185 at 20 seconds – the right size, but a bit steep for Tiburones. Of course, I am hopeful the swell direction will slip into la Ventana de Tiburones as the swell evolves.
Memorial Day: In 1865, freedmen (freed -enslaved Africans) exhumed the bodies of 257 Union soldiers from a mass grave at Washington Race Course and reinterred them in individual graves – “Martyrs of the Race Course”. The site had been used as a temporary Confederate prison camp for captured Union soldiers. The freedmen built a fence around the graveyard with an entry arch and declared it a Union graveyard. On May 1, 1865, a crowd of up to 10,000, mainly black residents, including 2,800 children, proceeded to the location for events that included sermons, singing, and a picnic on the grounds, thereby creating the first Decoration Day-type or Memorial Day celebration.
The Commodity Futures Trading Commission (CFTC) said traders James Dyer of Oklahoma’s Parnon Energy, and Nick Wildgoose of Europe-based Arcadia Energy, amassed large physical positions at a key U.S. trading hub to create the impression of tight supplies that would boost oil prices. Later they dumped those barrels back onto the market, causing prices to crash and racking up profits from short positions they had accrued in futures markets, the suit said. “Defendants conducted a manipulative cycle, driving the price of WTI (crude) to artificial highs and then back down, to make unlawful profits,” the lawsuit filed in New York said. Of course, this is no different than what Goldman did with mortgage-related securities – sold them to the bitter end while at the same time betting they would crash making money cheating up front and then betting the cheating would be found out – Of course, it’s typically not against the law – just morally corrupt. But, if you can get away with it – indeed, seems to be a cornerstone of business – cheat, greed, insensitivity and selfishness, and a good measure of deceit – over and over again. So – we trust the insurance corporations (cheat, greed, insensitivity and selfishness, and a good measure of deceit) for our health care? It’s unbridled capitalism (the invisible hand of cheat, greed, insensitivity and selfishness, and a good measure of deceit) or bust? So – Medicare would remain unchanged for those 55 or older, including the millions who now receive health care under the program. Anyone younger would be required to obtain coverage from a private insurer (cheat, greed, insensitivity and selfishness, and a good measure of deceit), with the government providing a subsidy to cover part of the cost of premiums.
And there’s more – in the face of the suit claiming market manipulation of oil prices, the EPA’s Jackson stated problems of high oil prices are controlled by global supply and demand and can fluctuate with little control from the U.S.
“Warren, a Harvard law professor who previously served as a watchdog for the government’s $700 billion financial system bailout, has run into strong opposition from Republicans, who say she would be too confrontational with the financial industry.” You’re fucking kidding me, the financial industry just got done destroying millions of people – again – cheat, greed, insensitivity and selfishness, and a good measure of deceit – read the The People vs. Goldman Sachs | Rolling Stone Politics story – are we hostages to these corporations? Guess so.
Everyone is paying for health care – every penny of the healthcare dollar is coming from Americans. Right now we’re paying—60 percent of it is financed through taxes, 20 percent out of pocket, and 20 percent for private insurance premiums. That’s all coming from us. We either give up higher wages, or we pay higher prices for goods, or we give up paving our roads. All of those things go into financing the healthcare system now.
I’ve heard plenty of Republicrates say that the “Ryan Budget” is the only budget on the table – and if you don’t like it, provide one, or lets play negotiation. Of course there is an alternative, but its been hidden from the public. It’s the “peoples budget”
While China is the largest foreign holder of U.S. debt, foreign countries actually hold only about 28 percent of the $14 trillion debt. The latest Treasury bulletin shows that the biggest holder is the U.S. government itself (i.e., Social Security and Medicare), while U.S. pension funds, mutual funds, insurance companies and state and local governments hold almost as much as foreign investors.
Last Word: What difference does it make to the dead, the orphans, and the homeless, whether the mad destruction is wrought under the name of totalitarianism or the holy name of liberty or democracy? -Mohandas K. Gandhi (1869-1948)












