Explaining Southern California's economy

The dark side of the the Occupy Movement

OLA-Rothschild-Zionism-MDB

Matthew DeBord

Not what you want to see at a protest about banking and finance in Downtown LA.

At the outset, I think it's important to remember that the Occupy Movement, from Wall Street to Downtown LA and everywhere in between, has been rational and peaceful. But there will be some cranks who worm their way into any happening of this scale. I spotted the sign above as I was leaving Occupy LA a few days ago. I wasn't happy to see it. But I wasn't surprised, either.

It gets worse. ReasonTV found someone at the Downtown LA protest who was willing to actually talk out loud about the Zionist banking conspiracy. In front of a camera. 

She got fired.

Ever since there have been banks and international finance, there have been crackpot conspiracy theories about the intermingling of money, Jewishness, Zionism, UFOs, secret underground labs, black helicopters, the world government, vampires...

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Bullet Points: The Federal Reserve's latest Beige Book

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AP Photo / J. Scott Applewhite

The Federal Reserve Building in Washington, DC.

The Federal Reserve publishes its so-called "Beige Book," a snapshot of the economy taken through the lens of the Fed's district banks, eight times per year. It is booor-ing. You may not even want to read the executive summary of the latest version. Luckily, you don't have to, because I've broken it down into bullet points. And I've assigned my own grades, on how the various parts of the struggling economy are doing. (The Fed, needless to say, doesn't hand out grades.)

•The Big Picture

"...overall economic activity continued to expand in September, although many Districts described the pace of growth as 'modest' or 'slight' and contacts generally noted weaker or less certain outlooks for business conditions."

Translation: Stuckflation, an economy going nowhere, for the rest of the year.

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Backtrack: All the Hermanomics you can handle

Florida Holds GOP Presidential Straw Poll

Mark Wilson/Getty Images

Republican presidential candidate Herman Cain speaks prior to Florida's President 5 straw poll at the Orange County Convention Center on September 24, 2011 in Orlando, Florida. Cain won the straw poll with 37.11% of the vote.

Yesterday, the Patt Morrison Show took a closer look at Herman Cain's now-celebrated 9-9-9 plan. If you're curious about how a flat income, sales, and corporate tax would all work together, check out my post on the topic:

What's wrong with Herman Cain's 9-9-9 plan?

And if that's not enough Hermanomics for you, I've also provided a useful rundown on his plan to reform Social Security along the lines of what he calls the "Chilean Model":

Herman Cain says his plan to reform Social Security worked for Chile, but can it work in the USA?

There's no question that with his mantra-like tax plan, Cain has captured the attention of his opponents in the Republican presidental-candidate race, as well as the national media and no small number of voters — and taxpayers — who find taxes bewildering and would like an easy fix.

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Tweet of the Day: The Occupy Wall Street Hipster Cop Halloween costume?

Today's tweet comes from KPCC's own Madeleine Brand Show, which has evinced a preoccupation with a character being called the "Hipster Cop." The New York Times has the full exposé on this NYPD law-enforcement icon, now a symbol of his times. The beauty of his look? It's oh-so now. You can show that you're down with #OWS and also give your skinny pants, slim ties, and snug cardigans, not to mention your nerd-frame glasses, a workout.

Protesting the financial elite never looked to fashionable.

No sign yet of an LA hipster cop. Which is a bit sad, as police HQ is right across the street from City Hall, where Occupy LA has camped out. Maybe a hipster cop isn't our thing, however. I think possibly...Surfer Cop?

Follow Matthew DeBord and the DeBord Report on Twitter.

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Visual Aid: The solider of the future is a robot hummingbird from Monrovia, California

Southern California was once a center for defense contracting. The Golden Age has long passed. But there's a revival afoot, and it doesn't mean jet fighters, bombers, and ICBMs. It means something more modest. The solider of the future is...a hummingbird?

That's what Monrovia, Calif.-based AeroEnvironment thinks. The company already builds drone aircraft. Right now, it's working on a concept for an autonomous, bird-like surveillance nano-drone. Drones are becoming increasingly important on the modern battlefield. And in this area, Southern California is once again taking the lead.

The hummingbird soldier of the future: it's the hummingbird...made...lethal.

Follow Matthew DeBord and the DeBord Report on Twitter.

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