Friday
Dec112009
Dec 11, 2009 at 1:06 PMFriday
Dec112009
Chris Whalen On Citigroup's TARP Repayment: Bull Market Or BS?
CNBC Video: FAST MONEY Insight on Citigroup's (C) plans to pay back TARP, with Christopher Whalen, Institutional Risk Analytics -- Aired December 9, 2009
- "Look, the government has organized this entire rally in equities."
Thursday
Dec102009
Hilarious: Citizen Journalist Mike Stark Follows Bernanke After Senate Hearing, Asks Ben "Is Citigroup Solvent?"
Video: Stark hounds Bernanke after last week's confirmation hearings -- December 3, 2009
Thursday
Dec102009
Ben Bernanke Must be Stopped: A Call For Action (Sample Senate Letter Enclosed; Don't Forget To Sign Bernie Sanders Petition)
The pending reappointment of Ben Bernanke as chairman of the Federal Reserve is the non-story of the Century, and I find this terrifying. Propaganda of his alleged “success” has been crammed in every orifice of the American people by the rich and shameless (yet relatively few believe it). This is truly the time for action, unless you really enjoy Tea-partying ’til you puke. I’m asking every American to demand that their Senators stand up and oppose the nomination. Our future depends on it.
Thursday
Dec102009
Dylan Ratigan: TARP To The Rescue (Crazy Time!)
Video: Ratigan with Congressman James Clyburn (D-SC) -- Aired December 9, 2009
- "We're throwing money into a bucket with a hole in the bottom."
This is a phenomenal clip; stay tuned until the end. He goes after the 'Ponzi-scheme Fed' in the final minute. No miss.
Thursday
Dec102009
Brad Sherman: Recycling TARP Funds Is Illegal
In consideration of the previous story, we felt it wise to consider again the prescient thoughts of California Congressman Brad Sherman (D-CA) who tells Geithner in no uncertain terms that "recycling TARP funds is illegal" under current law.
Thursday
Dec102009
TARP Extended Until October 2010: Geithner's Letter To Pelosi
Can't say this was a surprise; TARP extension (and expansion) right up to the 2010 midterm elections. Of course, it's about recovery and not politics.
Wednesday
Dec092009
Wednesday
Dec092009
Deficit Numbers Already Horrible For FY 2010: $292 Billion After Just 2 Months
I still can't get used to these numbers. It wasn't long ago (24 months) when $292 billion was our deficit for an entire fiscal year. That's just chump change to the Obama-Reid-Pelosi crew who have no plans to slow down the giant deficit machine in 2010, as they pave their way to mid-term elections that they hope to purchase with your money.
Obama doesn't see it yet, but he will be known by history as the Deficit President -- The man who racked up $6 trillion in national debt in 4 years.
Wednesday
Dec092009
Wednesday
Dec092009
One Man's Successful Guide To Sticking It To The Credit Card Companies (In 26 Easy Steps)
How I stuck it to the credit card companies and bought a house with a cash advance. All figures are approximate. Music by Lily Allen (Warning: profanity of the variety shown by the toe).
Tuesday
Dec082009
Animated Cartoon Video: How The BLS Calculates Unemployment (Why So Many Are NOT Being Counted)
You might be unemployed, but do you even count as 'unemployed' according to the BLS (Bureau of Lies and Stupidity)? There's a good chance you're not being measured in U3. Runs 2 minutes.
U3 is 10.2% but the much more accurate U6 is currently pushing 18%. Very clever clip.