Thursday
Aug202009
Arianna Huffington On Wall Street Pigs At The Trough (Video)
Goldman Sachs, Citigroup, the Wall Street bailouts, too big to fail, and the AIG conduit are among her targets. Excellent, short discussion. Give Huffington a few moments to get warmed up. Interview is from WNYC radio.
Hat tip to Robert for sending us this clip. Recorded July 29th.
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Thank you!
Aug 20, 2009 at 5:32 AM
Reader Comments (34)
http://dailybail.com/display/Search?searchQuery=huffington&moduleId=4521698
I'd like to know why she is hated by Conservatives? Honest question since I don't really follow politics outside of our issues.
You have solid reasons for liking Huffington and posting her vids. My reaction is somewhat illogical. I don't know what comes over me when I see her. Not since kindergarten have I so viscerally hated someone simply because they show up in my field of vision. I know--I need help--haha!
There are probably lots of people who can talk me down from this place if I'd let them, but ever since the democratic primaries when Huffy and her evil cadre jumped on the hopemobile and ran right over Hillary Clinton, I cannot forgive her. Totally OT from the bailouts, but I believe Hillary Clinton is a Rorschach test for people. One's emotional reaction to her tells far more about one's own personality than about what they actually know of Clinton. And Huffy's test result was damned ugly.
Although I think Ron Paul would have been the best president overall, for me Hillary Clinton was incredibly inspiring and admirable. Anyone who researches her long history of support for women's rights would be greatly impressed. And I figured that if we must have a foreign policy that bosses everyone else in the world around, we might as well have a leader who is concerned with the fair treatment of ALL people of the world versus one who ignores oppression and pretends all we need to do is adjust our own perspectives. I won't adjust.
I am not a behavioral conservative--I never get my shorts in a wad over a guy commenting on some woman's hottness or posting pics of attractive ladies. That is perfectly normal. But when you are discussing politicians' policies, you keep the discussion on THAT and not on some weird projection of your personal desires. I have read articles discussing Sarah Palin's legs, clothes, and winks versus Joe Biden's debate answers. Nope. Not gonna fly. There were far weirder and harsher things on the Huffypost spring of last year regarding Clinton.
Arianna Huffington was enraptured by Obama's style and was very selective in what she highlighted about him. And smart as she may be, she was not able to discourse intelligently regarding Hillary Clinton's policies, so I see absolutely no need to extend the same courtesy to her.
Do you get it now or not?
We the working class (So called Middle Class) Have been scammed by biggest MORTGAGE PONZI SCAM by Federal Reserve Banker Thugs /Walls Street Shills
Also Corporate Crooks have looted our Pensions with Zero Cost Back Dated stock option crimes and shipped our Industrial base & Jobs to Asia.
Federal Reserve Banker Thugs/Wall Street Shills/Corprate Crooks = HOME GROWN FINANCIAL AL QAEDA
Washington= DEMON_RATS & REPO-CONS =Politicians in Washington DC have worked for the HOME GROWN FINANCIAL AL QAEDA .
or this way to understand:
The Washington Criminal Blood Sucking Pests (SENATE & CONGRESS)+PRESIDENTS starting with BILL CLINTON/BUSHES/Now CHICAGO MOB SHILL(OBAMA) have sided with the HOME GROWN FINANCIAL AL QAEDA
My fellow Americans: remember it is our Blood Sweat TAX Dollar Credit card the HOME GROWN FINANCIAL AL Qaeda is using at Zero Percent Interest Rate handed by WASHINGTON CRIMINAL SENATORS * CONGRESS*
And do ya get it now or not?
It is our TAx Blood Sweat dollars and we are being banged and scammed by same criminal crooks with higher Credit card/ fees and Interest rates and thrown out of homes.
And no Criminal got punished but got rewarded by OBAMA(CHICAGO MOB SHILL) + DEMON RATS/REPO-CONS
BIGGEST PONZI SCAM CRIME EVER IN HUMAN HISTORY AND WE USA BAMBOOZLED FUCKS DON't GET IT?
My Fellow Americans;
WASHINGTON CRIMINAL CROOKS ARE CRIMINAL RULERS AND NOT OUR REPRESENTATIVES ANY MORE......................
HARSH REALITY: We are now broke and reeling under debt and are perma working slaves of this HOME GROWN FINANCIAL AL QAEDA
Now we must decide:
Do we want to be Working slaves of this Home Grown Financial Al Qaeda who busted and is rewarded for the crimes?
or
We must revolt now to free our selves from this enforced DEBT Slavery on us by these Criminals?
My Fellow Americans:
I give you my conviction, we must revolt and I provide you all with a NON VIOLENT WEAPON that we must unitedly use now
WEAPON: Dump all Mutual Funds and stocks and buy short term treasury bonds
Stop making all payments to Banker Thugs
this weapon will CRASH THE PONZI SCAM WALL STREET CASINO(EPICENTER OF THE HOME GROWN FINANIAL AL AQEDA)
And Shut the Federal Reserve down.......
LAUNCH NEW PARTY UNDER LEADERSHIP OF DR. RON PAUL and defeat both party criminal blood sucking pests.........
We refuse to honor Nation Debt enforced on us by these criminal Al Qaeda...................
A NEW NATION WILL BE BORN AGAIN ACCORDING WISHES OF OUR FOUNDING FATHERS........................
WE ALL WILL BE DEBT FREE................
MY FELLOW AMERICANS:LET US UNLEASH THE REVOLUTION NOW
The Great American Bank Robbery
(From UCLA's Hammer Forum) -- William K. Black, the former litigation director of the Federal Home Loan Bank Board who investigated the Savings and Loan disaster of the 1980s, discusses the latest scandal in which a single bank, IndyMac, lost more money than was lost during the entire Savings and Loan crisis. He will examine the political failure behind this economic disaster, in which not only massive fraud has taken place, but a vast transfer of wealth from the poor and middle class continues as the federal government bails out the seemingly reckless, if not the criminal. Black teaches economics and law at the University of Missouri, Kansas City and is the author of The Best Way to Rob a Bank Is to Own One. (Run Time: 1 hour, 38 min.)
http://neweconomicperspectives.blogspot.com/2009/08/great-american-bank-robbery.html
You have added your comment to most of our stories...interestingly, we covered the William Black story here last week...
So most of the readers are already familiar with that speech.
@SNK
Thanks for the detailed response. I enjoyed reading it. And I agree about the litmus test that is HRC. I respect intelligence, and she's not lacking. Good to hear more about your political thinking.
I had no intention to spam but this is only the solution left for us now. Nation is under seize and under full control of Home Grown Financial AL Qaeda. Even Yahoo and Google has started sensorship. Dr Ron Paul videos are being removed and C-Span Content belongs to us not the criminal thugs? Wake up folks and act and use my weapon. Unite and revolt otherwise brutal civil unrest will consume us soon.
God Bless all
The Guru prepared the community to wage an armed struggle against the tyranny of the State. ... in explicit terms, that when all other means to restore righteousness fail, it is but legitimate to take up the sword. ..... resistance against tyranny and injustice
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=8089&tid=421439&mid=421439&tof=-1&rt=1&frt=2&off=1
Inflation and the Fall of the Roman Empire
http://www.marketoracle.co.uk/Article12831.html
The Roman state survived. The liberty of the Roman people did not. When freedom became possible in the west in the 5th century, with the barbarian invasions, people took advantage of the possibility of change. The tax burden remained burdensome even after the gold standard was re-established. The peasantry had become totally alienated from the Roman state because it was no longer free. The business community likewise was no longer free, and the middle class of the urban cities was no longer free.
The economy of the west was perhaps more fatally weakened than that of the east, and when we read in the writings of the early 5th century Christian priest Salvian of Marseille his account of why the Roman state was collapsing in the west – he was writing from France, Gaul – Salvian says that the Roman state is collapsing because it deserved collapse; because it had denied the first premise of good government which was justice to the people. And by justice he meant a just system of taxation. Salvian tells us, and I don't think he's exaggerating, that one of the reasons why the Roman state collapsed in the 5th century was that the Roman people, the mass of the population, had but one wish after being captured by the barbarians: that they would never again fall under the rule of the Roman bureaucracy. In other words, the Roman state was the enemy, the barbarians were the liberators. And this undoubtedly was due to the inflation of the 3rd century. While the state had solved the monetary problem for its own constituents, it had failed to solve that monetary problem for the masses and continued to use an oppressive system of taxation in order to fill the coffers of the ruling bureaucrats and military. Thank you.
I feel your pain regarding "Zsa Zsa" (I can't bring myself to watch the clip...). Don't care for the Huffpost much either, maybe because when you show me Brittany Spears and the President on the same page, I tend not to be interested in anything you have to say (ever heard of "tabs"?).
But I think Hillary should blame Hillary for her not getting the nomination. The people she surrounded herself with: campaign managers, speech writers, publicists were all absolutely awful. I watched her blow it, day in and day out all through the primaries. It had nothing to do with sex appeal, she failed to connect with people at every turn.
"Anyone who researches her long history of support for women's rights would be greatly impressed"
And anyone who didn't, would never know, because she had no idea how to frame them on the campaign trail.
I agree completely with you that she was the better candidate, but I can't give Arianna credit that she didn't get the nomination.
The caucuses were hijacked with Obama supporters bussed in from other states (given food, cash and ipods in exchange for their time). In several locations access to locals was blocked while the ringers filed in from the buses through the back doors and registration procedures were abandoned. This is documented: http://www.youtube.com/watch?v=EGZFgMNM-UU&feature=PlayList&p=8DCB2412F6E4F7ED&index=0&playnext=1 Still, Clinton got more votes. Then the DNC committee process was hijacked: http://www.youtube.com/watch?v=um5QHGxmoBE The whole primary was a blatent travesty of fairness.
What was going on behind it? I believe Obama simply was and is supported by the banking industry. They put him in place and they are getting exactly what they want out of him. And the media is useless for exposing anything.
And I must totally disagree with your assertion that Hillary Clinton 'failed to connect with people at every turn'. I know many people she connected with--deeply, myself included. You can't imagine the outrage and the heartbreak this caused her core supporters.
Now we have epic spending, complete incompetence, stunning arrogance, and a level of corruption worse than the previous administration. I don't think Hillary would have been perfect, and McCain might not have been much different than Bush, but this? Come on.
(I guess you can tell I still think about this stuff a lot.)
http://politiken.dk/newsinenglish/article771382.ece
Doctors: Close 20% of pubs!
The Prevention Commission says that Copenhagen Council should withdraw alcohol licences from up to 20% of Copenhagen’s pubs.
Agreed on most of your points (we never bargained for this nightmare).
But for me, time and time again I would hear soundbites on my local radio station and think, "who's writing this crap for you".
To sight one example - The Obama minister thing. She could have taken the high road and said, "No, I don't think my opponent is a racist, I certainly wouldn't appreciate others ascribing my views to those of my associates. Our differences are on the issues before us." But no. She played the white-fear innuendo card; it stunk of desperation.
We are a shallow people (that we can both be heart-broken about), but from my perspective, she got beaten on sound bites and I had never even heard of Huffpost 2 years ago.
OK, fair enough about things Clinton said. She had plenty of her own goofs.
I just am still floored that a candidate who got the MOST votes of any primary candidate in HISTORY (including Obama, mind you) would be seen as running a "bad" campaign. I don't blame Huffington, it's just that she's very symbolic to me.
And truth be told, I realize Hillary would have brought in some of her own corruption. After all, she is a politician, but hey, at least she would have been MY corrupt politician! I love Ron Paul but sometime he just seems like a little ole' snowball in hell {sigh} I dunno....
I will keep posting my rants at :
http://financialservices.house.gov/
http://banking.senate.gov/public/
http://oversight.house.gov/contact/
http://www.whitehouse.gov/
Let them hang me.............but we must collectively scream loud on these criminal repeat bubble scams
Hey Washington Criminal Blood Sucking pests Crooks
((STOP FOOLING US))
System is BUST & their is No Fix
Mr. President,
Warning: Your economic advisors will make sure that you become the worst and most hated president in USA history soon. They will forget BUSH and you will be in focus very soon as your criminal crook economic advisors ponzi scam will completely destroy the US dollar and we the working class are already turned into Perma working Debt slaves for decades to come.
All the blood sweat our tax dollar you handed to the same criminals have went on looting spree with another worthless stock paper bubble. Insider dumping of stock option scam paper dumps is all time high and being parked in our pensions via mutual fund criminal crooks.
Next: pension bust and demise of the US$ will trigger civil revolt. All your "HOPE & CHANGE" slogan is now proven "DECEPTION & LIES"
I have never heard back form your puppets reading these emails?
Here is a history lesson for you:
Stock Markets Bailout Bubble, What's On the Horizon?
http://www.marketoracle.co.uk/Article12906.html
Global War and Dying Democracy: The Revolution of the Elites
http://www.marketoracle.co.uk/Article12902.html
The Crime of Big Government
http://www.marketoracle.co.uk/Article12860.html
The Great American Bank Robbery
http://neweconomicperspectives.blogspot.com/2009/08/great-american-bank-robbery.html
U.S. Housing Market Hidden Backlog of Foreclosures
http://www.marketoracle.co.uk/Article12904.html
Inflation and the Fall of the Roman Empire
The Roman state survived. The liberty of the Roman people did not.
http://www.marketoracle.co.uk/Article12831.html
AND: your masters GOLDMAN SACHS CRIMINAL (CAP & TRADE ENERGY SCAM BILL)
Goldman Sachs Over Regulation Could Lead to Higher Crude Oil and Commodity
Prices
http://www.marketoracle.co.uk/Article12907.html
Here is video you should post here:
Salbuchi - A WARNING to the One-World Elite - Part 1 of 2
http://www.youtube.com/watch?v=2iPPfOKyayg&eurl=http%3A%2F%2Ffuturefastforward.com%2Ffeature-articles%2F2370&feature=player_embedded#t=17
http://hardtruth.navhost.com/keylogger.html
Government And Computer Manufacturers Are Caught Installing
Hard-Wired Keystroke Loggers Into All New Laptop Computers.
Device captures everything you type and sends it via your ethernet card to the Dept. of Homeland Security without your knowledge, consent or a search warrant - every time you log on to the internet!
I was opening up my almost brand new laptop, to replace a broken PCMCIA slot riser on the motherboard. As soon as I got the keyboard off, I noticed a small cable running from the keyboard connection underneath a piece of metal protecting the motherboard.
I figured "No Big Deal", and continued with the disassembly. But when I got the metal panels off, I saw a small white heatshrink-wrapped package. Being ever curious, I sliced the heatshrink package open. I found a little circuit board inside.
Being an EE by trade, this peaked my curiosity considerably. On one side of the board, one Atmel AT45D041A four megabit Flash memory chip.
On the other side, one Microchip Technology PIC16F876 Programmable Interrupt Controller, along with a little Fairchild Semiconductor CD4066BCM quad bilateral switch.
Looking further, I saw that the other end of the cable was connected to the integrated ethernet board.
What could this mean? I called the manufacturer's tech support about it. They said, and I quote, "The intregrated service tag identifier is there for assisting customers in the event of lost or misplaced personal information." He then hung up.
A little more research, and I found that that board spliced in between the keyboard and the ethernet chip is little more than a Keyghost hardware keylogger.
The reasons why a computer manufacturer would put this into their laptops can only be left up to your imagination. It would be very impractical to hand-analyze the logs and very CPU-intensive to do so on a computer for every person that purchased a laptop. Why are the keyloggers there? I recently almost found out.
I called the police, as having a keylogger unknown to me in my laptop is a serious offense. They told me to call the Department of Homeland Security. At this point, I am in disbelief. Why would the DHS have a keylogger in my laptop? It was surreal.
So I called them. They told me to submit a "Freedom of Information Act" request.
This is what I got back:
Under the Freedom Of Information Act (FOIA), the only items exempt from public disclosure are "items relating to *law enforcement tools* and techniques" and "items relating to national security."
The real life implications of this are plain: computer manufacturers appear to be cooperating with the Department of Homeland Security to make every person who buys a new laptop computer subject to immediate, unrestricted government recording of everything they do on those computers. EVERYTHING!
This information can be sent to DHS, online, without your knowledge or consent, without a search warrant, or even probable cause! That's why this device is hard-wired directly into the ethernet card, which communicates over the internet!
I am not certain how long this information will be permitted to remain online for the world to see before the government takes some type of action to attempt to have it removed from public view.
Roman bureaucracy has continued none the less, as the tentacles had entrenched themselves deep in the lands they conquered, even though they lost those territories the legacy has lived on.
Please understand that many people still believe party doctrine, and do not recognize that we have a one party system of left and right wing Fabian Socialism, controlled by Corporatism.
Please read my post at:
http://dailybail.com/home/guest-post-a-history-of-stimulus-funny-money-central-banking.html
And pay attention to my comment at the end of the readers comments section. I admire your passion, but a call to revolution is premature. I have seen the worst of humanity and would like to see change in a better way. Do not view this as cowardice, I have never been known to be such, but I have a better world to attempt to build for my grandchildren (one who has been missing since April of 2008), and I have never feared for my well being, only my grandchildren, who never deserved what the ignorant have created.
But change must come from the Independent side, as both parties have been wearing assless panties for a long time. And for those GOPers out there, there are no Democrats in office where I live, yet the Republicans are protecting the guilty, to save money, at the expense of my grandaughter.
Hell, I would take on the entire Chinese Army by myself for one more opportunity to see my grandaughter. Yet everyone would rather talk of ceding land to the Communists for fake debt
The time to scream may come, but for now it is time to educate and organize, and draw the people away from partisan distractions.
So sorry to hear about your Granddaughter....I can't even imagine that kind of heartache. You will be in my prayers.
Ken, I have always assumed that no one has any privacy on the internet. I can only hope that those with access have some semblance of priorities and will go after someone researching biological weapons rather than me calling Rob Rubin an asshole. Everyone needs to access their dependence on the internet and what could go wrong....
Remember, destruction is an easy trick, the hard part is building something worthwhile.
I would add that you're posting etiquette leaves a little to be desired, I understand that you feel your issues are urgent, but almost everyone who posts here has their own urgent agenda too, but we respect each other enough to minimize OUR USE OF CAPS and don't paste the same message on multiple pages. Heck, if you focus your message into an article, DB might publish it for you.
Marck Mchugh
I don't have my personal Agenda and I am just here to remind all like minded conservatives & libertarians of urgency to organized revolt and I provided very simple non violent weapon of choice to strike. I am not interested in getting some fancy essay or article to get published. World Wide web is overloaded with too much information , I find it too funny,majority on Yahoo Finance message boards are already enlightened about Ponzi Scams but all are consumed by message boards to bash each other. Is their any hope they can unite and educate for collective revolt?lol
Dr. Ron Paul spent 25 years to take on the FED but Federal reserve banker Cartel has total grip over Washington and why to still stay in in Republican Party now?
Why no 3rd party option going into 2010 mid Term elections?
http://www.pushhamburger.com
Please come up with a collective course of action and we all can co-ordinate at local level.
I won't be posting anymore but will look for any proposed collective agenda for collective actions
There is no third party options in the mid term elections because the majority has not woke up yet. It is all about baby steps, it is all the majority can take at one time. You believe you have educated your neighborhood, but perhaps you should check the polls. Many merely nod in agreement, and continue the banker manifesto game.
You can lead a horse to water but you cannot force him to drink, he must drink because he is thirsty. Perhaps you should remember the parable of the old bull and the young bull on a hill, to see the clarity.
I spelled it out clearly in my comment, what must be done. But it is harder than it looks.
People will choose a familiar hell over a unfamiliar heaven, 99% of the time. Save who you can save, you cannot force yourself on anyone (but Gobias, LOL).
@ Mark
Thanks for the prayers, and I'll see you all around in a couple of days, as I have a 600 mile trip for tractor parts.
Obama...“There’s something about August going into September where everybody in Washington gets all wee weed up. I don’t know what it is. But that’s what happens.”
Other memorable wee wee quotes...
Rodney Dangerfield…“I drink too much. The last time I gave a urine sample it had an olive in it.”
“President Kennedy: Congratulations. How do you feel?
Forrest Gump: I gotta pee.”
Will Rogers... “There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest of them have to pee on the electric fence for themselves.”
Pamela Anderson... “I was not a big drug person. I couldn't smoke pot because it made me so paranoid that I couldn't tell if I had to pee or I was really cold, so I just didn't enjoy it.”
Penny Ward Moser…“I wonder what goes through his mind when he sees us peeing in his water bowl.”
Is FDIC broke?
If on the 25th of August they ask for TARP money,they are broke. A run on banks is now a realty. Could the sweet talks by Bernanke intended to calm the the public? could the crash begin this week. We shall see.
Just a observation
The FDIC Is Broke - Now What?
* With the most recent bank failures, the FDIC is out of funds.
* The FDIC is levying a one-time fee on member banks to cover the shortfall, but it will not be enough and it punishes the prudent.
* The FDIC has been suspiciously slow at shutting down banks that have admittedly already failed.
* Banks have been allowed to overestimate the actual worth of their assets using "mark-to-fantasy" accounting.
* Hundreds of banks are likely already mortally wounded and set to fail.
* The FDIC means well, but creates a moral hazard the effects of which now haunt us.
* Take prudent action: Choose only high-rated banks, and keep cash out of the bank.
None of this is the least surprising to those who have been paying attention. It is another shell game, being conducted for the benefit of a very few at everyone's expense. It works like this:
1. Allow banks to effectively lie about the value of their assets.
2. Let them operate until it is beyond obvious that they need to be shut down.
3. Act surprised when their losses are a lot higher than "expected."
Nobody who is paying attention is fooled in the slightest, but unfortunately, very few seem to be paying attention
To begin with, one thing we can be completely certain about is that the FDIC is going to need a lot more money, and soon. While there is a bolus coming in on September 30th from the special FDIC levy, I doubt that it will last more than 2-3 months, given the accelerating rate of failures and the number of banks that have already failed but are still operating.
I assume that the Treasury or the Fed will need to step in by year's end to provide additional funding. Hopefully the US Treasury can continue to find adequate market demand for its ever-growing debt sales. If not? Then the FDIC will be one of many demands upon an insufficient pool of funding. And who knows how that will play out?
I also fear that this drama is just getting started. Like an asset bubble, a banking crisis has a trajectory and pace all its own.
Saturday, August 22, 2009
Failed Banks and the Deposit Insurance Fund
http://www.calculatedriskblog.com/
Obama health reform Just what we need ...
someone to tell us when to stop living.
You thought you elected representatives. Have you finally awaken to the fact
that in reality you elected "rulers"
Foreclosures rise 7 percent (solution)
in July from June
Aint this a wonderful recovering economy
The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage.
More than 360,000 households received a foreclosure-related notice. That's the highest monthly level since the foreclosure-listing firm began publishing the data more than four years ago.
Banks repossessed more than 87,000 homes in July, up from about 79,000 homes a month earlier.
While there have been numerous recent signs that the ailing U.S. housing market is finally stabilizing after three years of plunging prices, foreclosures remain a big concern. Foreclosures are typically sold at a deep discount, hurting neighbors' home values.
Mounting joblessness fuels continuing US housing crisis.
More than one in every eight homeowners with a mortgage was behind on home loan payments or in some stage of foreclosure at the end of the second quarter, as mounting unemployment aggravated the housing crisis
The Revolution Has Begun
Finally Americans are fighting back. As they are venting their anger at what government is in the process of destroying, lo and behold they are being called hired mob agitators. So! ... is this the next step to muffle free speech? If so, the mob {this administration) that is destroying our country better take heed.
Transparency? Who is kidding whom?
"Dirty Politics" has been elevated to a degree I have not ever before experienced. As a result "we the people" have become insignificant. The power struggle between two miscreants, Republican or Democrat is tearing our society to ribbons. The horror is, neither one gives a damn about us. That we are being trashed, and our generational society is being destroyed is of no import. We are being left to fend for ourselves and left to devise ways to survive and navigate the continuing roadblocks created in their war of "Power."
Health care reform could be addressed in a civil debate (obviously none existent) and should be transparent, without coded terminology, making it possible for the average "John Doe" to evaluate, comment and be engaged. That is what our country, our constitution, our republican set up is all about.
Health Care Town Halls Turn Violent in Tampa and St. Louis
Senator accuses White House of compiling 'enemies list'...
Reid scolds health bill protesters ...
Crowd mocks lawmakers in Arkansas...
Tempers flare in South Florida over health care overhaul...
Disrupted in Connecticut, protesters chanting "Dump Chris Dodd ...
AARP Ignores, then walks out nn members...
I WANT THE TRUTH
I'm fed up with either party's "bullshit"
Culture of Corruption: Obama and His Team of
Tax Cheats, Crooks and Cronies
The era of hope and change is dead... and it only took The Obama team six months in office to kill it.
Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage disintegrate so fast, so hard, so disgracefully.
The American people are now faced with the awesome, monumental task of picking up the pieces and reconstructing the damage done to our constitutional society. A society that had a future they believed in and were working hard to promote it.
ARE YOU GETTING ENOUGH ...
Now that you're getting a taste of Obama's
New World Order, are you ready to swallow it.
Example: how the Obama squad is twisting you brain.
PORTLAND, Ore. - How much are politicians straining to convince people that the government is stimulating the economy? In Oregon, where lawmakers are spending $176 million to supplement the federal stimulus, Democrats are taking credit for a remarkable feat: creating 3,236 new jobs in the program's first three months.
But those jobs lasted on average only 35 hours, or about one work week. After that, those workers were effectively back unemployed, according to an Associated Press analysis of state spending and hiring data. By the state's accounting, a job is a job, whether it lasts three hours, three days, three months, or a lifetime.
I don't tend to be a doom-and-gloomer, but all of this worries me -- there's just too many ways for the government to do wrong. Given such ample opportunity, they usually do. And the problems are laid out right there in the numbers -- it's not simply conspiracy stuff. I don't forsee a bank holiday right now, even if they have to tap the Treasury line off credit, but if questions arise, or there's a run on one of the BIG banks, then I could see all kinds of stuff happening.
One more - the general in the movie "War Games" - "I'd piss on a spark plug if I thought it would do any good."
Ken - that was a very good post, thanks.
and James H- thanks for stopping by my 'hood.
What kind of surgery did you have?
@Ken
Sure the FDIC will run out soon, but it's really a non-story...everybody knows that taxpayers are ultimately responsible for any and all FDIC losses..
Wake up America !
In 1933 the MONEY-CHANGERS robbed us of our Gold and in 1965 they robbed us of our silver, leaving us with fiat paper money and copper clad coins. At the signing of the Coinage Act of 1965, President Lyndon B. Johnson said, "When I have signed this bill before me, we will have made the first fundamental change in our coinage in 173 years. The Coinage Act of 1965 supersedes the Act of 1792. And that Act had the Title: `An Act Establishing a Mint and Regulating the Coinage of the United States . . .' Now I will sign this bill to make the first change in our coinage system since the 18th Century. To those members of Congress, who are here on this historic occasion, I want to assure you that in making this change from the 18th Century we have no idea of returning to it."
http://www.famguardian.org/Publications/YouBeJudge/chapter6.htm
we have been robbed by Secret Banking Cartels held together by
33rd degree masons
It is time to rise up against the elites. America is a democracy in name only. Damn I hate what has become of this once great country.
I don't think anyone has any idea how angry the american people are. we left europe because of dukes emporers kings and dictators. we are people who hate those who try to run us. good luck dictators in the USA you'll need it.
Demon-rats & Repo-Cons think we're all a bunch of rubes. Look at the stereotypes on TV and movies, thats what the elites think every american is. When they write their stupid news stories everyone laughs at, they really believe people are buying it and admire them. They'll get a rude awakening pretty soon.
Yes, they think they own us and the right to determine our future, whether it be servitude or extermination.
They have convinced the general populace that their fiat money has meaning and that the propaganda they feed us is all we believe and that we are doped up on the drugs they provide, alcohol, the NBA and American Idol.
As a last resort they believe they control the military and the police gangs, not realizing that the majority of the military and police are just "us". If they push it to far they will not know who they can trust and always live in fear ... and maybe they do already.
"Rebellion to tyrants is obedience to God." --Thomas Jefferson: his motto.
"The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite."........Thomas Jefferson
WORKING CLASS can not be blamed as some suggest for Mortgage Scam that wiped us out
While everyone can share in the blame and greed that has gotten us to where we are today, it is not appropriate to place the preponderance of blame on the individual homeowner who was plastered with offers to refinance and take out home equity loans and who succumbed to these enticements.
Who were the smart suits in the room who purportedly best understood the loan risks?
Who were the ones who exerted pressure down through the financial system to continue to generate more and more mortgages that could then be profitably securitized?
Who advocated for the use of subprime loans, no documentation "liar" loans, interest only loans, reverse amortization loans in order to keep the product flowing regardless of risks?
Who influenced our governmental officials to deregulate and allow investment banks to leverage to irrational multiples?
Who engineered the complex, high-risk financial products and off the books accounting schemes and special purpose vehicles?
Who cajoled and essentially bribed the rating agencies into developing and then keeping unrealistic rating models even after the true risks became apparent?
Who simply bought "insurance protection" in order to continue to perpetuate the failing model rather than self-regulate once the risks became apparent?
Who secured governmental bailouts in order to keep their business as usual and their bonuses flowing even after the financial markets collapsed?
Who manipulated the commercial banking regulations and secured exemptions to continue risky banking practices in the midst of the worst financial crisis this nation has perhaps ever seen?
Who pressured the accounting standards board to rescind mark to market valuations thereby permitting the reporting of higher profits and providing cover for continued excessive bonuses and compensation schemes?
Mr. President,
You turned out to be a Chicago Mob shill, your fancy tele-prompted speeches are now getting unmasked by your actions supporting all criminal thugs and enforcing their agenda to turn us into PERMA DEBT WORKING SLAVES for decades to come.
All your Economic advisors are criminals who scammed and busted us all, Why did you not take on the Banker thugs like Andrew Jackson did?
I strongly now can believe that you sold your soul to Banker Cartel thugs to become the President of USA. You are their puppett and your all economic crisis solution reveal it all. Transferring all homes to enrich few by kicking working class out of their homes with Biggest Mortgage scam in Human History.
The American Middle Class Family is Getting Thrown out on the Street
"Over 1 in 8 mortgages in America are now 30 days or more past due. The Mortgage Bankers Association has reported that 13.2% of all mortgages are more than 30 days past due, which means people owe two or more payments. So who are these people? Mainly they are parents with children who are still living at home who are not wealthy. While exact data is not available, it is reasonable to assume that perhaps up to 1 in 5 families with children living at home and classified as lower to upper middle class are delinquent on their mortgage. How is this possible if only 1 in 8 people are delinquent on their mortgages? Well, currently about 66% of all households own a single family home. About 83% of married couples own a home. Most of the truly poor people in America do not own a home, although recently some did. Many of the non-poor married couples who do not own a home consist of those recently married for the first time still renting and those near the end of life who are living in assisted living situations. Most of the others are so mobile they do not purchase a home, or they live in natural rent areas like New York City. Basically, it is the dream of most middle class married couples to purchase a home. The data that 1 in 8 mortgages are delinquent is for all mortgages, whether they were made last month or 29 years and 11 months ago. The vast majority of mortgages owed by people who have been in their homes for 15 or more years are not delinquent. Most of the married couples who have been in their homes for 15 or more years have seen their children grow up, move out, and in some cases move back in. Basically, the vast majority of troubled mortgages are to people who have been in their homes for less than 15 years. Most middle class families with children living at home have been in their homes for less than 15 years.
Yet middle class families with children are not only reeling from significant price depreciation on their properties. They are also reeling from suffering a disproportionate blow from the unemployment crisis. Most employers that have laid off workers have based their decisions on seniority. Therefore, job losses are much higher amongst people in their 20’s and 30’s than it is for those in their 40’s and 50’s on average. So the crisis is not only most acute amongst families with all ages of children living at home, but especially amongst families with younger children.
Sadly, Washington seems oblivious to the crisis. Today Ben Bernanke, who was our last and best hope give the economy the jolt it so desperately needs, predicted the economy would soon return to growth. Apparently Fed Chair Bernanke is too focused on Wall Street and not nearly focused enough on Main Street. How will a world economy that is dependent on the spending patterns of U.S. households with children return to growth when 1 in 5 of these households are struggling to hold on? What kind of consumer confidence can exist in middle class families not affected by the crisis when all of them know a close personal friend or family member that has lost their job? At this point we are back to President Obama, who desperately wants to be re-elected in 2012, as our last best hope. If I were him I would refinance every existing mortgage in America at 4% without an appraisal, a credit check, a new title policy, or a verification of income. And for those people that are delinquent I would simply add the delinquent payments to the mortgage balance and give them a chance to start over. All of the money for existing mortgages is already out the door and in one way or another the America taxpayer is already on the hook for over 80% of all mortgages. We don’t need change we can believe in, we need leadership we can believe in."
http://www.escapethenewgreatdepression.com/
The technical term is pilonidal cyst (google it if you dare), and note I only had the dimple, not the actual cyst yet. So I've got a hole big enough to fit a decent size strawberry in my backside right now. It's healing up fine (or so my wife tells me).
So far, 4 doctors appointments to get diagnosis and removal. Also had colonoscopy and polyp removed (while they were in the neighborhood , ya know). Good times, good times.
There's always a silver lining though. In going through prep, I stumbled across this epinions review of the flleet adult enema twin pack. It was friggin' hysterical! I am truly jealous of this guy's writing skill:
http://www.epinions.com/review/Fleet_Adult_Enema_Twin_Pack_1_Ea/content_470835433092
This guy channels Mark Twain.
And if you're about to lose your lunch right now, remember, you had to ask.......
Dubbed with current Scam Wall Street Casino events
Hitler Misses the Bull Market
http://www.youtube.com/watch?v=yqkn1tviGMM&eurl=http%3A%2F%2Fwww.ritholtz.com%2Fblog%2F2009%2F08%2Fhitler-annoyed-he-missed-bull-market%2F&feature=player_embedded
WALL STREET AND THE RISE OF HITLER
http://www.reformed-theology.org/html/books/wall_street/index.html
http://www.scribd.com/doc/6468273/Anthony-C-Sutton-Wall-Street-and-the-Rise-of-Hitler
Why does Calf. have such Loons in Washington??
Like Nancy Pelosi, Barbara Boxer, Maxine Waters, Henry Waxmen, Diane FineStein some of the biggest tax and spend liberals in the USA.
Please do America a favor come 2010 elections and put these pine heads out of office. Thanks in advance.
I live in California,Goddamnd criminals running this state and our fed reps are freaking scum lying felons who should all be put on trial for tyranny and treason.
WASHINGTON – Millions of older people face shrinking Social Security checks next year, the first time in a generation that payments would not rise.
The trustees who oversee Social Security are projecting there won't be a cost of living adjustment (COLA) for the next two years. That hasn't happened since automatic increases were adopted in 1975.
By law, Social Security benefits cannot go down. Nevertheless, monthly payments would drop for millions of people in the Medicare prescription drug program because the premiums, which often are deducted from Social Security payments, are scheduled to go up slightly.
"I will promise you, they count on that COLA," said Barbara Kennelly, a former Democratic congresswoman from Connecticut who now heads the National Committee to Preserve Social Security and Medicare. "To some people, it might not be a big deal. But to seniors, especially with their health care costs, it is a big deal."
Cost of living adjustments are pegged to inflation, which has been negative this year, largely because energy prices are below 2008 levels.
Advocates say older people still face higher prices because they spend a disproportionate amount of their income on health care, where costs rise faster than inflation. Many also have suffered from declining home values and shrinking stock portfolios just as they are relying on those assets for income.
"For many elderly, they don't feel that inflation is low because their expenses are still going up," said David Certner, legislative policy director for AARP. "Anyone who has savings and investments has seen some serious losses."
About 50 million retired and disabled Americans receive Social Security benefits. The average monthly benefit for retirees is $1,153 this year. All beneficiaries received a 5.8 percent increase in January, the largest since 1982.
More than 32 million people are in the Medicare prescription drug program. Average monthly premiums are set to go from $28 this year to $30 next year, though they vary by plan. About 6 million people in the program have premiums deducted from their monthly Social Security payments, according to the Social Security Administration.
Publisher of Hustler magazine and free speech advocate
Posted: August 20, 2009 08:15 PM
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Common Sense 2009
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."
But, you say, we have elected a candidate of change. To which I respond: Do these words of President Obama sound like change?
"A culture of irresponsibility took root, from Wall Street to Washington to Main Street."
There it is. Right there. We are Main Street. We must, according to our president, share the blame. He went on to say: "And a regulatory regime basically crafted in the wake of a 20th-century economic crisis -- the Great Depression -- was overwhelmed by the speed, scope and sophistication of a 21st-century global economy."
This is nonsense.
http://www.huffingtonpost.com/larry-flynt/common-sense-2009_b_264706.html
we are scammed , banged and busted..perma debt slaves
we refuse to take on criminal enforced debt on USA working class................
REVOLT IS MUST NOW
Why the Federal Reserve Bank Must Die
“Paper money eventually returns to its intrinsic value ---- zero.” – Voltaire
“The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth has delivered this crisis to us. Instead of economic growth and stable prices, (The Fed) has given us a system of government and finance that now threatens the world financial and political institutions. Pursuing the same policy of excessive spending, debt expansion and monetary inflation can only compound the problems that prevent the required corrections. Doubling the money supply didn’t work, quadrupling it won’t work either. Buying up the bad debt of privileged institutions and dumping worthless assets on the American people is morally wrong and economically futile.”
Fed Must Make Public Reports on Emergency Loans, U.S. Judge Says
Aug. 24 (Bloomberg) -- The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial crisis, a federal judge ruled.
To contact the reporter on this story: Karen Gullo in San Francisco at +1-415-355-1916 or kgullo@bloomberg.net
To contact the editor responsible for this story: Peter Blumberg at +1-415-617-7131 or pblumberg1@bloomberg.net
Will bernanke criminal lsiten to theJudge?
The Hitler bull-market video is f-ing amazing.