fireball

Obama's Donut Economics

the ultra wealth and communist china are pleased with bho. his owners and his statist allies are happy. the middle class keeps getting squeezed. the parasites, the environmental extremists and the leftists will keep blaming bush as they take their subsidies, stipends and grants. bush should get some blame. he performed like a statist. obama makes the progressive bush look conservative.
statistics are disturbing when comparing numbers that prefer socialism to the constitutional republic. it appears we are close to an even division between those that want the liberty to succeed and those that want the security of the nanny state. the government schools and media seem to be doing a "good" job programming and conditioning and converting the young to the socialist welfare state.
socialism always produces a tyranical elite but by the time the bleating sheeple realise it is to late.
our rights are God-given. the state wishes to cast the illusion that they are government given. the deception seems to be working. if you choose to be a ward of the state then you surrender and the state becomes your parent.
be careful what you wish for.

Let CIT Fail: The Business Model Is Broken

i made a couple of trades on these 2 earlier. that worked out well. now things seem like such a convoluted mess i think it best to stay out of it.

Another Citigroup Scandal: Business as Usual for Wall Street

jeff
got to exhaust all reasonable approaches first.

Another Citigroup Scandal: Business as Usual for Wall Street

mornin' jeff
sometimes it seems a little hopeless. we just have to remember that there are a few thousand of these control freak criminals and over 300million citizens. they do control the hired guns, police, agencies and armed forces but these guys are mostly good americans too. maybe the sleeping giant is yawning and waking up a little. we just have to keep kicking at it and trying to wake it up. at least a few seem to be rubbing the sleep from their eyes. it is difficult to get the sheeple to look up away from the daily life, the tv, and the soma. i wonder how many americans are dosed daily with a perscription or alcohol.
i see 4 peaceful efforts. remove funds from the mega banks (starve the beast was an article 8 or 10 days back), legally reduce taxes as much as possible, work on a constitutional party for restoration of legal government, and utilize the soapbox (which you are doing).
men who seek power are not fit to weild it. the good leader realisis that he is entering a period of servitude. those are paraphrased sentiments that i have heard often.
in this time we use things like citi and aig to profit as money is a weapon.

Why Does Congress Ask Fannie and Freddie to Guarantee Bad Loans?

business as usual on steroids.

U.S. Banks Putting 'Lipstick on a Pig'

our puppet politicians will dance just as their oligarch owners pull their strings. until we can reach a disgust and loathing point (hopefully we avoid the populist mob violence trap) that leads to constitutional restoration it seems the best we can accomplish is to use the debt instrument game and take cash from the markets. i have used citi and bank of america twice to take some quick money on the bounce. i am now trying it on gm. the cash goes for precios metals mostly for me as i have already done what preparations an individual can do.
it is not much work to figure out what crashing business the pupeteers want to prop up. just watch their flunkies the politicians.

This Government Can't Be Serious

to err is human to really screw it up takes government.
i like gold and silver and hold both. i also hold a few junior miners. i think things seem so bullish on gold that maybe a decent pullback (buying opportunity) is approaching. seems like when such a majority say it is so it is probably in error. in case i am wrong (no big stretch there) i am using this "waiting period" to buy silver to add to possesion holdings.
that was a fun article.

America: The Land of the Fleece Scam

the illusion of great national wealth during the decades of looting gave the complacency and cover to drain the middle class.
i wonder how many americans have no debt so they can say what belongs to them is truly theirs.

Accounting Changes Not Factored into the Stress Tests

hey jeff
i got four $500 cats i'll trade you for that $2000 dog. yeah i know two of the cats are dead but your dog only has one leg. i know some other guys that got valuable cats (yeah most of 'em are dead) if you have some more (crippled) valuable dogs. when we're done swappin' let's bundle 'em and sell 'em to governments.
it'll make our balance sheets look good.

The Virtue of the Republic

wp dragon
1954---agreement.

The Virtue of the Republic

wpdragon
i understand and sympathize but i want them to have trials or grand jury hearings. for our sake not theirs. i imagine you like me try to obey the law (sometimes i like to drive to fast but that is the idiot kid in me). i want to be sure that there is always a fair trial for us so i have to want the same for them.
it is kind of like censorship. i don't want religion or porno censored because i don't want to be censored. besides free speech is a two-edged sword.

The Virtue of the Republic

harry
good article, common sense is stretching pretty hard in the district of illogic and unreason. i am to complimentary here to d.c.. i think more likely we are in the hands of gangster/thug types and have been for a long time. it profits them to protect the interests of the "corptocracy" (borrowing an sa posters term). using expansion and contraction i wonder how much of the "missing" fed money has ended up in real property and tangible assets to enrich the hard to find fed stockholders.
we have a long painful road to go to restore constitutional government. i think we need a firehose to wash out the stable (you know the horse excrement) to get rid of by the lawyers, of the lawyers, for those that pay the lawyers government. we probably should make it illegal for lawyers to hold any public office. we have politicians. we need statesmen.
the mistake we make is assuming they are stupid rather than malicious.

Freedom of Information Act Disclosure Busts Paulson, Geithner, Bair

the most entertaining part of watching the obamanation is to watch ford continue to refuse monies and strings so they can continue to build cars we want to buy. the government motors will have a tough time selling expensive, non-competitive electric crap. nothing against the electric car. still waiting for one that is functional and affordable. somehow i don't wish to bet on g.m..

Freedom of Information Act Disclosure Busts Paulson, Geithner, Bair

i don't think i will count on much justice.
the ruling elitests are obviously above the law. rules regulations, and laws only apply to us not them. obamamama wants law and the justices to bend and warp to fit his vision of utopia. it doesn't really matter what is legal or constitutional anymore (yes obamites, bush and clinton both were shredders of the constitution). what matters is protecting his enablers. (hillary was more a shredder of legal documents and evidence but the harpy knows how to trade o.j. futures.) the end (fascism) justifies the means. they are smart, brilliant, we are dumb peons that must be controled and protected from ourselves. the collective is what matters. the elitists say so. only they know and understand what is true and just.
try making a "mistake", an "oversight" or just "do not recall" with your taxes. see if it is gentle.
i will bet on the g.s. boy as the one who is teflon.

Do You Believe Borrowing Leads to Prosperity? (Part 2)

staying away from debt and avoiding paying interest has served me very well. if i had to borrow to buy i did without until i could pay for it. the exception was my first home. i payed it off 15 yrs early and promised myself "no more interest." this made it much easier to attain a healthy strong independent financial positon.
individuals and countries must live within their means.

hueco
i drove a little ford ranger for 18 years. my chevy s-10 is 7. my pretty half drives an 18 yr. old van.

i guess i better make a tin-foil hat if that goes with not liking socialist govt..