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More about the Yule Goat
We have these Galtoids out there making up lies simply because Obama wants to bring the income tax level back up to here Reagan had it in the '80s.
History proves that Democrats are fiscally responsible - they balance the budget and reduce the debt - and Republicans intentionally damage the economy by transferring wealth from the middle class to the obscenely wealthy and run up huge deficits.
Anyone that votes Republican is either profoundly unaware of the financial history of America for the last 100 years or are eagerly complicit in destroying the American economy and the middle class.
And do far, far more for the economy than Republicans. Was a study of investments during Democratic and Republican administrations since 1932. Found that if you invested $10,000 in 1932 and allowed it to grow, during Republican administrations that investment would have grown to become $11,000 today. However, during Democratic administrations, $10, invested in 1932 would have grown to be $340,000. Another study looked at employment with similar results. Far from being good for our economy, the Republicans are a catastrophe, Armegeddon, Ragnarok, for our economy.
Remember when Bush was asked what was his proudest achievement and he said it was catching an 8 pound bass. Yet, the Republicans want us to believe that idiot was far more preferable than Obama. BTW., the world's record for a large mouth black bass is 22.5 pounds. Bush caught his on his own private pound that was stocked for him.
Fortunatly for Dems, the RushPigs are incoherent and all over the shop on this.
As ever, Jon Stewart nailed it when interviewing Joe Nocera:
1:30 - 3:35
http://www.thedailyshow.com/video/index.jhtml?v...
I bet Cheney is dying to do that
It happens in high school, college, and apparently wall street.
Nope! YOu got it all wrong. Smart, educated, intelligent, honest, hard working employees are the last thing AIG and the Wall Street bankers want to retain. You see, there are lots and lots of people like that, they are a dime a dozen. No! The kind of employee they need to retain are the crooks, sneaks, liars, thieves, who are well trained and well versed in Wall Street criminality. Also, if those employees no longer work for the Wall Street CEOs, they might even <gasp!>, <Oh my God!> squeal, turn states evidence. Can't risk that now, can we?
I said that even before he was inaugurated for the first time.
How about making it a national security issue:
Unwind the quants or go to jail!
And to think they want to give out million dollar plus bonuses to these idiots?
Jump, you bastards..
Probably got paid off, IMHO.
The chief executive of AIG has admitted that fundamental mistakes were made at the US insurance giant.
"Mistakes were made at AIG on a scale that few could have imagined possible," Edward Liddy will tell a Congressional hearing later on Wednesday.
He will also admit that AIG is "too complex, too unwieldy and too opaque".
http://news.bbc.co.uk/2/hi/business/7950452.stm
Note: I am finished with US Media - I am looking to BBC and CBC and "American Blogs" for the truth...
(pause whilst hoping that this is a misprint ..... no, it's not)
Does anyone with a brain find that as unbelievable a statement as I do? Mistakes that few could have imagined possible? Excuse me Mr Liddy but you guys are in the business of prediction and forecasting unimaginable odds and results. That's what you guys were paid MEGAZILLION BUCKS to do. YOU FEW (I'm quoting you here, Mr Liddle) YOU FEW who COULD have imagined the impossible did sweet FA and are now snivelling about not being paid even more money for not doing what you were paid to do.
You guys do not deserve a single red cent more because you are not to be trusted with a bag of mouldy corn let alone people's hard earned money. If you do get the bailout, you'd better agree to complete and utter transparency and no more of those fun little expense jaunts to laugh at the taxpayers' expense.
I'm beginning to think Obama retired the "enemy combatant" thing too early..."
My attitude exactly.
Love this post, especially about telegraphing weakness to barracudas. So true! Obama also needs to just give up on bipartisanship and start playing hardball with people like Bayh. We need to get on a war footing because we are in an ECONOMIC WAR. Yea, we didn't start the fire, but we damned well better win it.
Oh.............that's right.....those firms don't exist anymore...
So.....I guess it's slim pickins' for those who want to leave ( or so they say so)
In this day and age.....if you HAVE a paycheck coming in...you'll STICK with your current job!!!
Ha! What makes you think they want to work? My guess is more likely they will be buglarizing homes, highjacking cars, robbing banks, probably even working as gangland hitmen.
http://www.salon.com/opinion/greenwald/2009/03/...
He was pretty defensive, trying to defend the TARP to me. At least at his level they must be hearing the message, but what about the blowhards in Congress? I want to see the Dems actually stand up to Wall Street and sock them with tax increases, and I want to see regualtions and indictments. These clowns blew up the system and they should pay.
Remember, Bastille Day is July 14. that sounds like a good deadline for some legislation.
My understanding is that we cannot let AIG fail as would be a
world diaster. They did not pull their shennigans only in the U.S. but involved many other countries. Not saying any are innocent
but failure is not an option for our country.
While we're at it, seems pretty plain that any company that is 'too big to fail' is too important to be unregulated.
i work in NYC and it's common to hear people, and by people I mean financial industry guys, bitch about how low their bonus is this year (low six figures) right in front of people who lost their job and me who just got told he's not getting any bonus at all.
Screw them and screw all this shit. Enough already is fucking right.
Serious double standard now that the rich people need bailouts.
Yes, God forbid the people who don't have anything get helped. The rich need to keep getting what they have grown accustom to.
Personally, I'd be for paying a bonus as an incentive for these bozos to quit.
"Off with their heads."
haha, I love that guy. old school.
I wish. The Wall Streeters are scammers, but the reason Congress went along with the bailout scam is they are also scammers, buddies, co-conspirators with the crooks on Wall Street. They took Wall Street's money, and they work for Wall Street. What?!?!? Did you really think that our congress people work for us? Find me any who didn't? Kucinich, Barbara Lee, Maxine Waters, and maybe one or two others. The rest are crooks in the employ of the crooks on Wall Street.
Big, big words. I suggest you get out a dictionary and look them up before you try to use such big words of two or more syllables. You might even learn a thing or two.
Are you willing to live in squalor? Be homeless, scrounge for food and work 18 hour days (if you're lucky) for peanuts? If you are willing to let capitalism fail and then rise from its ashes like a phoenix then be prepared to live like a homeless person.
If you are TRULY OK with that, then I respect your opinion to let them all fail. I for one, am not and am ready to get serious about saving this economy.
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
;-)
STOP THE INSANITY!!!!!!!!