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Entries by DailyBail (6219)

Monday
Sep262011

IMF Warns It Will Go BROKE If Crisis Worsens, Fed’s Raskin Says More QE Needed, Berlusconi Insults Germany's Merkel, Latest EURO Rescue Plan Threatened (14 LINKS)

Monday
Sep262011

The NEW Pledge Of Allegiance: God Bless War, Killing Innocents, GE, Citigroup And Ritalin

This is both funny and quite sad in the same short clip...

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Monday
Sep262011

CHART: Who Funds The IMF?

The correct answer is... you.  This chart explains in simple terms why you often hear that U.S. taxpayers are bailing out foreign nations - because we provide approximately 17% of IMF funds.

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Saturday
Sep242011

Check Out The 11 U.S. States Most Likely To Default And Need A Taxpayer Bailout In The Next 5 Years

A list of the worst state risks, ranked by cumulative probability of default (CPD). Default risk is measured by fluctuations in the state's CDS rating, and the max level of that rating.  The spread of each 10-year CDS is listed, as well as the implied credit rating of each state on the list of fiscal losers.

Slideshow with photos...


 

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Saturday
Sep242011

Daily Bail Endorses Larry Flynt's Call For A National Strike

The American government -- which we once called our government -- has been taken over by Wall Street, the mega-corporations and the super-rich. They are the ones who decide our fate. It is this group of powerful elites, the people President Franklin D. Roosevelt called "economic royalists," who choose our elected officials -- indeed, our very form of government. Both Democrats and Republicans dance to the tune of their corporate masters. In America, corporations do not control the government. In America, corporations are the government.

This was never more obvious than with the Wall Street bailout, whereby the very corporations that caused the collapse of our economy were rewarded with taxpayer dollars. So arrogant, so smug were they that, without a moment's hesitation, they took our money -- yours and mine -- to pay their executives multimillion-dollar bonuses, something they continue doing to this very day. They have no shame. They don't care what you and I think about them. Henry Kissinger refers to us as "useless eaters."

We all know that the first American Revolution officially began in 1776, with the Declaration of Independence. Less well known is that the single strongest motivating factor for revolution was the colonists' attempt to free themselves from the Bank of England. But how many of you know about the second revolution, referred to by historians as Shays' Rebellion? It took place in 1786-87, and once again the banks were the cause. This time they were putting the screws to America's farmers.

Daniel Shays was a farmer in western Massachusetts. Like many other farmers of the day, he was being driven into bankruptcy by the banks' predatory lending practices. (Sound familiar?) Rallying other farmers to his side, Shays led his rebels in an attack on the courts and the local armory. The rebellion itself failed, but a message had been sent: The bankers (and the politicians who supported them) ultimately backed off. As Thomas Jefferson famously quipped in regard to the insurrection: "A little rebellion now and then is a good thing. The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."

Perhaps it's time to consider that option once again.

I'm calling for a national strike, one designed to close the country down for a day. The intent? Real campaign-finance reform and strong restrictions on lobbying. Because nothing will change until we take corporate money out of politics. Nothing will improve until our politicians are once again answerable to their constituents, not the rich and powerful.

Let's set a date. No one goes to work. No one buys anything. And if that isn't effective -- if the politicians ignore us -- we do it again. And again. And again.

The real war is not between the left and the right. It is between the average American and the ruling class. If we come together on this single issue, everything else will resolve itself. It's time we took back our government from those who would make us their slaves.

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Saturday
Sep242011

SUNLIGHT FOUNDATION - Ask Your Representative To Co-Sponsor The Super Congress Transparency Bill

Congress created the Joint Committee on Deficit Reduction to pass on the responsibility of deciding where to cut $1.5 trillion from the national deficit. The 12 lawmakers selected to make this decision have been given incredible power, one that will have a monumental impact on our country for years to come. It is, therefore, of the utmost importance that the decisions the Committee makes -- and the people and organizations who try to influence those decisions -- be known to the public.

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Saturday
Sep242011

El-Erian: World On Eve Of Next Financial Crisis, 2 More BofA Lawsuits, Gold & Silver Slaughtered, Missing $10M Moon Rock Found Among Bill Clinton's Files (14 LINKS)

Saturday
Sep242011

The Stoner Arms Dealers: How Two American Kids Became Big-Time Weapons Traders (Rolling Stone Exclusive)

The e-mail confirmed it: everything was finally back on schedule after weeks of maddening, inexplicable delay. A 747 cargo plane had just lifted off from an airport in Hungary and was banking over the Black Sea toward Kyrgyzstan, some 3,000 miles to the east. After stopping to refuel there, the flight would carry on to Kabul, the capital of Afghanistan. Aboard the plane were 80 pallets loaded with nearly 5 million rounds of ammunition for AK-47s, the Soviet-era assault rifle favored by the Afghan National Army.

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Saturday
Sep242011

Dylan Ratigan On The Wall Street Protests: "Financial Interests Own Congress And They Make The Rules"

Solid discussion from yesterday's show.  Start watching at the 3-minute mark.

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Friday
Sep232011

Jon Stewart On Wall Street Bonuses

  • "I guess the only real difference between bankers and movie stars is when Nick Cage lost all his money, I didn't have to bail him out."

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Friday
Sep232011

Porn Publisher Larry Flynt Funds Million Dollar Campaign To Expose Rick Perry

Before we present this story, take a minute to read this background piece that explains the interest in exposing the hypocrisy that is Rick Perry:

Politicians tend to be hypocritical liars by nature, but there is no other 2012 candidate who prevaricates as often and with such aggressive disdain for the truth as Perry.

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Friday
Sep232011

Obama The Waving Moron - Photo Of The Day

In a group photo with world leaders, Obama's waving hand blocks the face of Mongolia's president — and incites a fresh round of internet ridicule.

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Friday
Sep232011

Jim Rogers: Global Recession Will Be Worse Than 2008

Reuters Video - Jim Rogers On Global Recession - Sep. 21, 2011

Solid short interview from Wednesday - Runs 3 minutes.

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Friday
Sep232011

Olbermann Calls Out MSM For "Media Blackout" Of Wall Street Protests

Video - Keith Olbermann On 'Occupy Wall Street' - Sep. 21, 2011

Is it really any surprise that the corporate media would keep this issue on the down-low. Self-preservation is a powerful motivating force.  We've seen coverage by Democracy Now, Dylan Ratigan, Keith Olbermann and inside, Cenk of The Young Turks.  And that's all we're likely to see.

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