Wednesday
Aug262009
The Fed Gets Busted: Wednesday Links (30 Articles, Aug. 26, 2009)
Court Orders The Fed To Disclose Emergency Bank Loans (A Taste Of Victory)
The Goldman Connection (Summers, Rubin, Geithner, et al)
The Man Who Sells America's IOUs
Former St. Louis Fed President William Poole Says Bernanke Should Not Have Been Reappointed
Matt Taibbi: AIG's New Chief Is A Raging Dickhead
Matt Taibbi: Goldman Busted Again
The Real Reason Americans Are Angry
Monday's Links (National Strike Edition, 23 Articles)
20 More Articles Inside
To save time this morning (copy/paste with no formatting issues), I have placed the remaining stories in the comments section below.
Aug 26, 2009 at 6:47 AM
Reader Comments (43)
http://www.nytimes.com/2009/08/23/us/23bethone.html
Tsunami of Foreclosures to Hit US
http://www.ritholtz.com/blog/2009/08/tsunami-of-foreclosures-to-hit-us/
Roubini: "This Is a Crisis of Solvency ... But True Deleveraging Has Not Begun Yet Because the Losses of Financial Institutions Have Been Socialized"
http://www.washingtonsblog.com/2009/08/roubini-this-is-crisis-of-solvency-but.html
The Next Credit Bubble Is Now: Are you ready for a replay?
http://www.thebigmoney.com/articles/judgments/2009/08/25/next-credit-bubble-now
Fannie & Freddie Regulator James Lockhart Joins The Private Sector To Get Rich Off His Government Connections:
http://stlouis.bizjournals.com/washington/stories/2009/08/17/daily58.html
Freddie Mac Gets NYSE Listing Notice
http://stlouis.bizjournals.com/sacramento/stories/2008/11/17/daily60.html
Obama's $2 Trillion Friday Surpirse
http://www.nypost.com/seven/08252009/postopinion/opedcolumnists/bams_2_trillion_friday_surprise_186337.htm
Analyst Bove sees 150-200 more US bank failures
http://money.cnn.com/news/newsfeeds/articles/reuters/MTFH71518_2009-08-23_20-51-18_N2372264.htm
Latest in Stimulus: 'Cash for Refrigerators'
http://news.yahoo.com/s/bw/20090824/bs_bw/aug2009db20090821304909
http://theautomaticearth.blogspot.com/2009/08/august-24-2009-what-is-wrong-with-them.html
Existing Home Sales Far Worse Than Advertised
http://www.ritholtz.com/blog/2009/08/existing-home-sales-not-as-advertised/
The Fed IS THE PROBLEM!!!
http://finance.yahoo.com/expert/article/richricher/184720
Got a complaint against BofA? You're on your own
http://www.latimes.com/business/la-fi-lazarus23-2009aug23,0,4878348.column
Without prospects, they’re prospectors: Metal’s high price and economy’s low ebb create new California gold rush
http://www.msnbc.msn.com/id/32536094/ns/us_news-washington_post/
Is your suburb the next slum?
http://realestate.msn.com/article.aspx?cp-documentid=21179977
http://www.marketwatch.com/story/if-only-goldman-sachs-had-a-town-hall-2009-08-25
Regulators Examine Goldman's Trade Tips: Firm Will Consider Disclosing to All Clients Information It Shared Only With Top Customers
http://online.wsj.com/article/SB125115914476055403.html
Spain Crumbles!
http://blogs.reuters.com/felix-salmon/2009/08/25/spain-crumbles/
U.S. Chamber Of Commerce Wants To Put Global Warming On Trial
http://www.latimes.com/news/nationworld/nation/la-na-climate-trial25-2009aug25,0,901567.story
Jobs, Back at Apple, Focuses on New Tablet
http://online.wsj.com/article/SB125115760997755251.html?mod=rss_whats_news_technology
Free Speech, Free Gobias!
And I choose pictures usually on teh basis of humor quotient...and you have to admit that the photos is hilarious...bernanke printing, paulson counting and gw playing with a toy truck...
If the same photo had Obama playing with a toy truck I would have happily used it...
Send me funny pics of Obama with Bernanke and Geithner and you will see them all over my pages...
You always assume I have a bias against one side or the other, when as I've said many times, I dislike both sides...and in reality they are but 2 sides to the same coin...
I am a Libertarian...I get to make fun of everybody...
It's a deal!!!!
Free Speech, Free Gobias!
By STEVENSON JACOBS, AP Business Writer Stevenson Jacobs, Ap Business Writer – 1 hr 7 mins ago
NEW YORK – The government agency that guarantees you won't lose your money in a bank failure may need a lifeline of its own.
The coffers of the Federal Deposit Insurance Corp. have been so depleted by the epidemic of collapsing financial institutions that analysts warn it could sink into the red by the end of this year.
That has happened only once before — during the savings-and-loan crisis of the early 1990s, when the FDIC was forced to borrow $15 billion from the Treasury and repay it later with interest.
On Thursday, the agency reveals how much is left in its reserves. FDIC Chairman Sheila Bair may also use the quarterly briefing to say how the agency plans to shore up its accounts.
Small and midsize banks across the country have been hurt by rising loan defaults in the recession. When they fail, the FDIC is responsible for making sure depositors don't lose a cent.
It has two options to replenish its insurance fund in the short run: It can charge banks higher fees or it can take the more radical step of borrowing from the U.S. Treasury.
http://news.yahoo.com/s/afp/20090826/bs_afp/uscrimefinancebankbernankenewsweek_20090826232535
Money quote from Bernanke:
"I am grateful for the law enforcement officers who patiently and diligently work to solve and prevent these financial crimes."
(No, smarty pants, not THOSE financial crimes -- just the petty kind that put people like the perp, Clyde "Big Head" Gray, behind bars.)
Have you ever wondered where the name "Gobias Bluth" came from? Unless I'm completely off-base, it's based on the TV series "Arrested Developement", which was one of the funniest series ever (without a laugh-track, most Americans don't know what's fuuny). The series focused on the foibles of the Bluth family and one of the characters names was "Tobias", who wanted so desperately to join the Blue Man group that he painted himself blue for several episodes.
Tobias was not a Bluth, he was an in-law. The character's name was actually "Tobias Funke".
So my question to you, DB is:
Why would you think that "Gobias Bluth" would be able to recall the subtleties of your politics (or lack thereof) from one day to the next, when he couldn't get his own pseudonym right?
As Tobias would say… I like the way it shapes my junk.
You win...for now.
I guess my thought after seeing the picture is why do you not see that the same caption could be placed on any photo of any President over the last several decades...
Your anger is focused squarely on Obama but your complaints are all about BIG government...
And yet you fail to see that the Republicans support big Government to the same extent as Democrats...outside of health care reform...both parties are the same...
You in essence have been captured...and you are part of the problem if you support either party with blind fervor...
I will consider you evolved when you finally realize that you've been played like a sucker all these years...
Here is some truth from the same guy who wrote the fantasy McCain what if article...
http://business.theatlantic.com/2009/05/would_obama_make_a_good_ceo.php
And I would ask the same question if you were an avowed Democrat...
Explain why the Libertartians are wrong and why we should support one of the corrupt parties over the other.
May you forever be a sheep of the system.
REASON: Governor Reagan, you have been quoted in the press as saying that you’re doing a lot of speaking now on behalf of the philosophy of conservatism and libertarianism. Is there a difference between the two?
REAGAN: If you analyze it I believe the very heart and soul of conservatism is libertarianism. I think conservatism is really a misnomer just as liberalism is a misnomer for the liberals–if we were back in the days of the Revolution, so-called conservatives today would be the Liberals and the liberals would be the Tories. The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom and this is a pretty general description also of what libertarianism is.
Now, I can’t say that I will agree with all the things that the present group who call themselves Libertarians in the sense of a party say, because I think that like in any political movement there are shades, and there are libertarians who are almost over at the point of wanting no government at all or anarchy. I believe there are legitimate government functions. There is a legitimate need in an orderly society for some government to maintain freedom or we will have tyranny by individuals. The strongest man on the block will run the neighborhood. We have government to insure that we don’t each one of us have to carry a club to defend ourselves. But again, I stand on my statement that I think that libertarianism and conservatism are travelling the same path.
Dailybail...Explain why the Libertartians are wrong and why we should support one of the corrupt parties over the other.
You have you answer to that one too now.
None of us support anarchy or dissolution of government...we just want smaller government...
But Republicans are a BIG Gov't. party...just like the Dems...
You keep falling for lies...
I'm looking for an explanation for your disregard of the facts...
Republicans ran Congress and the Presidency and thet did nothing but GROW government and spend, spend , spend...
Now Dems are in control and they do nothing but spend, spend, spend...
Please explain the difference...
The Jones video smacks of being extremely partisan. Therefore it has no credibility with me.
Whenever you are confronted with the truth you fail to respond and choose to use platitudes instead.
When Allie gave you the straight truth, you showed chauvinistic disdain by calling her 'honey' which I removed.
I will now return to ignoring you as I normally do. When I see (if I see) that you have gained some sanity and have given up your partisan battles, I will welcome your contributions with open arms.
Until then you will remain a sheep fighting a lost battle. A battle that was foretold 120 years ago.
http://www.federalobserver.com/archive.php?aid=7124
"We (the bankers) must proceed with caution and guard every move made, for the lower order of people are already showing signs of restless commotion. Prudence will therefore show a policy of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without fear of any organized resistance.
The Farmers Alliance and Knights of Labor organizations in the United States should be carefully watched by our trusted men, and we must take immediate steps to control these organizations in our interest or disrupt them.
At the coming Omaha Convention to be held July 4th (1892), our men must attend and direct its movement, or else there will be set on foot such antagonism to our designs as may require force to overcome. This at the present time would be premature. We are not yet ready for such a crisis. Capital must protect itself in every possible manner through combination (conspiracy) and legislation.
The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible.
When through the process of the law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of the government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders.
History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.
The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.
By thus dividing voters, we can get them to expand their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete action, we can secure all that has been so generously planned and successfully accomplished."
The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.
By thus dividing voters, we can get them to expand their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete action, we can secure all that has been so generously planned and successfully accomplished."
You have fallen for the ruse. It is your decision to choose to rescue yourself from partisanship.
No personal offense intended to you. Just the truth.
Submitted by Tyler Durden on 08/27/2009 10:35 -0500
http://www.zerohedge.com/article/racketeering-101-bailed-out-banks-threaten-systemic-collapse-if-fed-discloses-information
And so the guns come out blazing. The Clearing House Association, another name for all the banks that were bailed out over the past year with the generous contributions from all of you, dear taxpayers, are now threatening with another instance of complete systemic collapse if Bloomberg's lawsuit is allowed to proceed unchallenged, let alone if any of the "Audit The Fed" measures are actually implemented.
As a reminder, The Clearing House Association consists of ABN Amro, Bank Of America, The Bank Of New York, Deutsche Bank, HSBC, JP Morgan Chase, US Bank and Wells Fargo.
In a declaration filed in the Bloomberg Case (08-CV-9595, Southern District of New York), the banks demonstrate no shame in attempting to perpetuate the status quo with regard to the Federal Reserve and demand that the wool over the eyes of the general population remain firmly planted in perpetuity.
The Clearing House submits this declaration because the Court's Order threatens to impair the ability of our members to access emergency funds through the New York Fed's Discount Window without suffering the severe competitive harm that public disclosure of their identity will cause.
Our members have accessed the New York Fed's Discount Window with the understanding that the Fed will not publicly disclose information about their borrowing, especially their identity. Industry experience, including very recent and searing experience, has shown that negative rumors about a bank's financial condition - even completely unfounded rumors - have caused competitive harm, including bank runs and failures.
Surely transparency would facilitate rumor-mongering to an unprecedented degree. After all rumors spread much easier when everyone knows the true financial condition of banks.
And here, in plain written Times New Roman, you see what racketeering by a major bank consortium looks like:
If the names of our member banks who borrow emergency funds are publicly disclosed, the likelihood that a borrowing bank's customers, counterparties and other market participants will draw a negative inference is great. Public speculation that a financial institution is experiencing liquidity shortfalls - which would be a natural inference from having tapped emergency funds - has caused bank customers to withdraw deposits, counterparties to make collateral calls and lenders to accelerate loan repayment or refuse to make new loans. When an institution's customers flee and its credit dries up the institution may suffer severe capital and liquidity strains leaving it in a weakened competitive position.
Pardon me if I am a broken record here, but would rumors not spread much less if there was more transparency, if investors and other financial intermediaries were fully aware of the conditions of their counterparties, if banks did not have to cover their billions in reserve losses by pretending they are viable and essentially being constant wards of the state?
The Banks' racketeering has gone on for far too long.
And yet, it does not stop: the conclusion from the banks' letter:
In sum, our experience differs from the factual conclusions the Court appears to have reached about the nature of competition in the banking industry:
● The competitive harm to institutions that are publicized as needing emergency funding is not "speculative," but demonstrated by the recent multiple failures of financial institutions whenever information about their funding difficulty has been disclosed.
● The disclosure does not involve mere "embarassing publicity" but information that could result in the immediate demise of an institution.
● The disclosure would not merely "stigmatize [ ]"the institution or make it "look [ ] weak," but goes to its very viability.
● The disclosure of accessing emergency funding is not an "inherent risk" of market participation, but an extraordinary risk in extraordinary circumstances.
● Competitors can use the disclosure to advertise or publicize that they are financial stronger because they don't need emergency funding.
In a nutshell - the banks want their complete opacity cake and eat it too, or else, the racket goes, the transparency that will somehow promote massive rumor mongering will again destroy capitalism. In the meantime, the Ken Lewises of the world can continue touting how stable their businesses are based on optimistic future projections, while implicitly, they continue to survive merely thanks to the cash granted them by your, taxpayers.
You still are missing the basic distinction...the Michael Moore clip was about causing trouble at AIG...making a fuss over the bailouts...What does the Alex Jones clip have to do with the bailouts...
Allie's Q is dead on...what about this site makes you think we love Obama...our whole point (ask Gompers and he'll explain again) is that BOTH parties are basically the same...they attempt to divide the electorate (banker's manifesto of 1892) meanwhile the influence of lobbying grows and certain corporate interests further solidify control...no matter which side might temporarily be in control...
I consider you rather un-evolved politically if you're still fighting with one side against the other...and that's exactly what you're doing...how could you be so fooled...i mean this seriously...you present yourself as a thinker but you show little evidence of thought...wake up...and for once answer my questions... August 26, 2009
Daily Bail”
As you ask, on another post, I will help, “dear Gobias explain“:
As Gobias states;
“Fringe benefits are used to entice the productive employees to work for a company or stay with a company. You are on the right road, you are just going against the traffic with your understanding. Not unlike a bonus or a big fat Obama towncar or an expense account for hookers, when health insurance is added to a job or better health insurance is found by the employer while you are at a job, you, the productive motivated capitalist pig employee thinks, hmmmm, I better stay because the fringe benefits are making me happy and more willing to feed the monster to keep the good times a rolling, a healthy wife and kids at the homefront, and the hookers on their backs.”
Gobias hates Americans, jobs, benefits, and women, except as sexual objects, and is for “death panels“. See key phrase above “productive motivated capitalist pig employee”.
My friends son just died two weeks ago, of our past Kings “Death Panel”, you know, ship a mans job to China (Globias’s road of bones friends), and then when he gets a new job, disqualify the child as a “pre-existing condition”.
For many years I have seen men and women who cheat on their spouses, always accuse the innocent spouse of being the cheater. This is necessary to create a distraction from what the true cheater is doing. It is also an excuse to have a fight, and then run to ones lover. Leaving your spouse crying and feeling like you don't trust them anymore, while you continue to mentally torture them to cover what you are really doing.
Lets look at one of your many finger pointing quotes;
Governments run by Socialist, Obama's utopia
Auto Industry driven by Socialist, Obama's green shoots
Healthcare operated on by Socialist, Obama's pain clinic
Bailout money dropped from helicopters by Socialists, Obama's public private partnership
Presidential credentials hidden by Socialist, Obama's mass media privilege
Vacations without Socialists, PRICELESS!
Free Speech, Free Gobias!
Another Quote from dear Gobias;
"I am just another student of Saul Alinsky (you say emotional bs, I say rules for radicals or the new rules for republicans) -- you should take a look at the rules.
For example...RULE 5: "Ridicule is man's most potent weapon." There is no defense. It's irrational. It's infuriating. It also works as a key pressure point to force the enemy into concessions."
You seem to take great pride in touting the works of American Socialist's, while pointing the finger of Socialism at others to distract... Just as the cheater does with his spouse.
You have even stated "the entire economic collapse is part of a mafia power play to consolidate wealth and power. In Russia they call it a razborka, a settling of accounts, and we live in a vorovskoi mir (thieves world)."
You forced no concession from me Gobias, as I understand your true master and intentions. As a devout anti-Socialist/Marxist I have been following your Rule 5 stance closely. Even gently tried to steer you away from it, with the "tactics are tactics", and "predictable" jabs.
I am glad that in your arrogance, you have published for the world to see that the "new rules for Republicans", are indeed the "old rules of Socialist/Marxist ideology". As tried by your party before in the plot to overthrow FDR.
Alinsky's tactics were based not on Stalin's revolutionary violence, but on the Neo-Marxist strategies of Antonio Gramsci, an Italian Communist. Relying on gradualism, infiltration, and the dialectic process rather than a bloody revolution, Gramsci's transformational Marxism was so subtle that few even noticed the deliberate changes.
Like Alinsky, Mikhail Gorbachev followed Gramsci, not Lenin. In fact, Gramsci aroused Stalin's wrath by suggesting that Lenin's revolutionary plan wouldn't work in the West. Instead the primary assault would be on Biblical absolutes and Christian values, which “must be crushed as a social force before the new face of Communism could rise and flourish“…
"Lest we forget at least an over-the-shoulder acknowledgment to the very first radical: from all our legends, mythology, and history... the first radical known to man who rebelled against the establishment and did it so effectively that he at least won his own kingdom - Lucifer."
Saul Alinsky
And now you toy with rule 4, Free speach, Free Gobias .
Rule 4: Make opponents live up to their own book of rules. As Saul said; "You can kill them with this, for they can no more obey their own rules than the Christian church can live up to Christianity."
Gobias knows his Russian ( Communists) well as shown above, he also has shown his capacity with French (Socialists), with his exchange with Spidey.
Rules for Radicals was published in 1971, and is the Gramsci/ Fabian Socialist handbook for destroying America as it was meant to be. Gobias in his arrogance has been “attacking” even those of his own “party” because he has a larger agenda. Gobias even states that “The industrial revolution created the need for many improvements in the life of the drone“. Sounds rather un-American, doesn’t it?
Gobias’s tactics of jabbing at the unsuspecting, and evading answering questions, are part of the ploy to distract and deceive, to attempt to draw the eye of others from the “ball”. Just as the Bankers Manifesto demands, Manifesto, that is an American word, right?
His tactics are that of the rabbit, poke your head up, sneak through the grass, hide, evade, all to feed, and hope you are not found. A rabbit in “wolf’s” clothing, ain‘t that something…Completely in line with his true Masters bidding.
You do not know what my rules are, dear Gobias. And I still have some Chinese “whine” for you.
Both parties preach Gramsci/ Fabian Socialism, as their debt owners demand. You are not the King, genteel Gobias… you are a blind pawn of your Master.
Let the world see now that it is not a Bible you been a thumping, but something..... Darker....
I do have a good used French WWII rifle for sale, Gobias, if you are interested, never fired, dropped once.
For Gobias to be free, the world must be enslaved.
Nemo unquam sapiens proditori credendum putavit
Marcus Tullius Cicero
"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen."
Samual Adams, Speech at the Philadelphia State House, August 1, 1776
You call me a rabbit but I get treated like a bull in a china shop. Thank you for reposting my PRICELESS advert for Barry’s elitist vacation to the vineyard. Maybe it should have ended, dinner on Martha’s Vineyard with Oprah, priceless. Deep down, Oprah must think he is just a poser. Did you know Jaws was filmed on Martha’s Vineyard? NPR did a nice fluff piece on the unique history of African-Americans on the island, I guess because Clinton used to vacation there. Katie Couric got the coveted interview with de fuhrer. Will he be asked about his spurious birth records? How fun! Now Barry is leaving to give the eulogy for Teddy, can you bring a teleprompter to a eulogy? The rise of the bourgeoisie mixing and mingling at the wake of a fallen aristocrat, what would Karl Marx think?
What is with you and China, bad blood? Here is a Chinese proverb for you and Obama…
A dog won't forsake his master because of his poverty; a son never deserts his mother for her homely appearance.
I guess that is true unless the homeliness it her whiteness. On second thought, he has put a lot of distance between him and his Kenyan grandmother. Some sort of identity crisis I guess. Maybe his master should be your concern. My dear friend Gompers, "I will be an enemy to your enemies and will oppose those who oppose you." We have to stick together dude. As Nietzsche said, "Fear is the mother of morality." Mine is a master morality, yours is the slave morality. I will continue my fight against Obama and his pandering to those who think that there a common good exists. It is your arrogance that prevents you from seeing the big picture and the perils of the Obama presidency. The distraction is the economic collapse, the ball is the the who and the why not the how or the what.
“Darkness is only driven out with light, not more darkness.” MLK Jr.
You are not treated like a bull in a china shop, you are being treated like an errant 12 year old who needs a sound spanking.
Now take your gripe to the Supreme court where it belongs, unless you are afraid of something… and quit whining like a child. For you are fighting nothing here. As this is not the place to resolve your issue with Obama. And all your crying here will resolve nothing of your issue.
And to your statement of; “The distraction is the economic collapse, the ball is the the who and the why not the how or the what“. Only a idiot would think this all started January 20, 2009.
You and I both know that you know what Karl Marx would think…
A SOCIALIST CALLING A SOCIALIST A SOCIALIST… PRICELESS…
My problem with China, is simple. As a devout anti-Socialist/ anti-Fascist, who grew up in the shadow of the mushroom cloud, I hate Communists, and you will never know the capacity of that hate, Communism is the fast and bloody road to Socialism. And I will form no alliance with a Socialist, as my enemy is your friend.
Still no concession from me… I told you Saul was a wuss.
As to your master/ slave morality, you are ass backwards. I would rather die on my feet than live on my knees, and I fear nothing…you are already living on your knees, whining, and crying, and distracting, fearing camps, and roads of bones…
The Indians, when faced with the expansion across the mountains from the original colonies found a unique method of gratification/ stimulus in the river traffic coming down the Ohio river. They would capture a boat, rape the women, kill all the men who would fight them, and return to their villages with the plunder (stimulus), and captives who were afraid to fight. Then the Indians would take the captives back to the river and have them call out to other boats, claiming their boat sank, or that they were survivors of an Indian attack. When the boat would attempt to pick them up, the Indians would attach, and then the process would be repeated. At first the captives would feel bad about their part in this, but as their food, given to them by their captors, became better with each “success”, as well as their treatment by their “captors” improved, they began to accept their lot as “the cost of doing business” and staying alive.
I can see you have been on the “river banks” a long time, you even “brag” of your “privileged place”, as your rewards must be great...
You may now return to your Masters and tell them that you could attract no boats. Maybe they will be gentle, dear Gobias. Maybe they will just set you on a different riverbank… For you have served them well, but have failed them here.
The Sioux had a ritual when they entered battle to signify they would not retreat. They would tie a rope around their waist, attach the other end to a knife, and drive it into the ground.
My knife is in the ground… Socialist.
And Gobias.
He's calling you a Socialist.
Excerpt from first quote;
"Both parties preach Gramsci/ Fabian Socialism, as their debt owners demand. You are not the King, genteel Gobias… you are a blind pawn of your Master."
Excerpt from second post;
A SOCIALIST CALLING A SOCIALIST A SOCIALIST… PRICELESS…
Slow on the uptake.
None of us support Obama, that should be worth something.
I does not help you any that you are attempting to use Sauls book as your Bible, and party playbook.
Your arguement still belongs in the Supreme court, unless you are afraid.
And I know you think the Keating 5 candidate could fix everything, just as he did in the 80's. But even back then, campaign financiers ruled, just as today.
OOPS, they both had the same contributors, that would have definately made a difference.
Take your pleas to court Gobias, anything else is just whining and speculating.
I can't speak for Steve, but I think you are the only person on earth that cannot see that I dislike ALL politicians.
The problem is the system, the politicians are merely "symptoms"
You can change one for the other, and it does not matter, they ALL answer to another master.
You are a small fish in a little pond, and when things go belly up, you will be crying "somebody feed me", like many others who cannot see... You will welcome the camps... As you will need fed. You have freely chosen your yoke, wear it proudly.
Your last article was very-well received...let me know if you are interested.
Let me work on something, it may take a little bit, I am rebuilding a tractor, and trying to get the food put up for the year.
When Society fails... food will be money, and power...
Seek the knowledge...