Sailingwindward

Mr. Geithner Goes to China

We blame the victims of this (the American people), most Americans wouldn't have a clue what a credit swap default is from a hedge fund, all they know is that yesterday they had a job and today that job is shipped off to China or some other cheap labor communist country and the product comes to the US tax free. So yes the blame goes to Washington politicians, corporate & foreign lobbyists, China, India and a special thanks to Senator Phil Graham, George Bush & Company, the only blame the Americans have is not standing up for themselves and protest their government while this was all happening.

Mr. Geithner Goes to China

Vuke, This VAT thing sounds like a good way for the US to go, hopefully our greedy, corrupted, foreign and corporate lobbyists lapdog politicians in Washington don't squash this kind of proposal.
Im my opinion the biggest threat to the US is not the Middle east or North Korea it's China waging economic war against the US population and the majority of collaborators are our own leaders in Washington.

The Oil Business Could Be Worse (But Not Much)

When will they put a stop to Wall Street energy manipulators, these people are out of control and along with foreign imports & outsourcing it was a major contributor to the recession ($5.00 a gal gasoline). All the experts said the oil surge was supply & demand and we now that was all a Wall Street fabrication, someone please tell me WHY we bailed these mutts out?

Way Too Much Washington for Wall Street Today

If the Answer is to create jobs to end the recession, why not start with doing away with free trade or should I say unfair trade, wouldn't that bring industry back to the US if we didn't have to compete with lowest slave labor in the world, trowing this good taxpayer money after bad business seems to only be a giveaway to the CEOs who pay themselves 2.6 in bonuses for a failing business and spend our money on lavish vacations & 50 million dollar jets. I'm going to start calling Obama Little Bush from now on.

Making Canada Our 51st State Could Make It Easier to Buy American

All of you are dead wrong, the US is set to become one of Chinas providences, since we owe them money, and everything in the US is from China anyway, like the lead filled toys my children play with, the melamine I feed my pets, and the tainted drugs I give to my elderly grandparents, and lets not forget they have most of our jobs too.

Save the Wall St. Bonuses for Real Talent

Barack Obama had plenty of time to ad preconditions to the TARP bill before he voted on it, I can't give him a pass here and he (Obama) has no right to complain now that they used the money for bonuses, I think the Fox watching the henhouse applies here. What you don't see you will feel.

Spot the Three Currency Regimes

Communist China is the main reason we are in a recession, imports from communist China have increased over four hundred percent (400%) since 1999, outsourcing has increased over two hundred percent (200%), yes we have cheep goods but at the expense of a deep recession that will soon be a depression unless our corrupt elected leaders start to think about a little protectionism for the American worker. I Don't care if communist China has funded the US economy, they gained a hell of alot more than us, they now have the 3rd largest economy thanks to us, while the US economy is tanking.

Microsoft: 'We Are Not Immune'

Bill Gates is a lowlife , months ago he went to congress asking for more H-1 visas for foreign workers saying there where not enough US workers here for the jobs available, but now firing Americans while keeping the low wage immigrant H-1 visa workers and expanding more outsourced jobs overseas, Bill Gates should be ashamed of him self, a man that has made his wealth off Americans and now fighting against American workers and their families, I can't think of a more lowlife example of a person than him right now.

Does Geithner Deserve a Pass for His Poor Tax Paying Performance?

Didn't we just have 8 years of an unaccountable administration, Geithner should be prosecuted and sharing a cell with Wesley Snipes not being nominated for secretary of treasury, if it was you or I surely we would have been hauled off to jail, I say lets nominate Charles Manson to head up the Department of Children & Family Services or Osama Bin-Laden for defense secretary.

Madoff's Innocent Victims

I don't see where Madoff actually did anything wrong, the whole market regulation has been a scam for the last eight (8) years, the energy loophole that set Enron off is still in effect, Wall Street CEO's get paid millions of dollars while the companies lose billions, the government gives away 7.3 trillion unaccounted for taxpayer dollars to the same Wall Street losers who put us in this mess, Madoff lost only 50 billion, so what, I still want to know where the 9 billion is from the Iraqi reconstruction that was lost.

Bernie Madoff Fraud Allegations: Truly Staggering

They better hurry up with the trial, Bush may still be able to commute his sentence, as far as unions & bailouts, what do you think the U.S. Chamber of Commerce is, just a big union for big businesses.

Demand for Jobless Benefits Continues to Rise

How does Bush, Cheney and the rest of the Republican losers live with them selves knowing what they did to this Country, Bush's name and legacy will be synonymous with incompetence, a depression, mass unemployment, high inflation, corruption, unaccountability, treason, greed, distrust in government, etc, you get the point. For the life of me I can't think of just one good thing that this administration has done for the Country, not one, and I've tried.

Where's the Bailout Now?

It is evident that you disagree with my information and have your own OPINION (your entitled to your own opinion, but not your own facts), only time will tell which one of us was right or knew what they where talking about, in your comments about AIG making a bad bet and taking too big of a risk only proves my point that AIG is like a compulsive gambler, who owes way too much to the bookies and will get killed when he fails to pay (bankruptcy), people need to get their money as far away from AIG as they can before they fall, just like Enron did.


On Nov 13 01:47 PM AIG IS A GREAT AMERICAN COMPANY. wrote:

> Why would AIG go bankrupt? All of the CDOs they insured will be
> due in 2010, they stopped writing in 2005. Therefore, come 2010,
> they will be off the risk that has caused them to put up collateral
> and that debt will now be an asset on the balance sheet. AIG just
> needs a bridge, liquidity to put up the collateral until that time.
> They didn't have the cash on hand because due to the failure of LEHMAN
> they needed to put up billions of dollars overnight. You talk about
> AIG like ENRON. All they did was insure a product through a small
> division. They made a bad bet, took too big of a risk. They weren't
> cooking the books, etc... They were forced to accept a different
> accoutning model and it ended up costing them dearly. One or two
> people high up made that mistake apparently. However, the government
> will have the last laugh, they stand to profit in a huge way in two
> years when these CDOs are actaully worth much more than they are
> now. You have no idea what you are talking about or laws yet you
> continue to speak. You are what is wrong with this country, just
> like politicians and the media.
>
>
> On Nov 13 12:35 AM sailingwindward wrote:

Where's the Bailout Now?

It sounds to me like the people at AIG have misrepresented and mislead the public regarding it's financial condition (Neb.Rev.Stat. §44-1525(1)(d)) They have also made untrue, deceptive and misleading statements ( Neb.Rev.Stat. §44-1525(2))
I'm sure without looking too hard AIG has broken many laws in many states.
I on the other hand am stating facts, AIG is like a bad gambler who is so far in debt with the bookies that he borrows money from his family (in AIGs case family is the government) but the gambler instead of paying his bookies off, he goes out gambles and loses the rest of the money, with no ability to pay, the bookies kill him, in AIGs case they just go bankrupt, end of story.
Now tell me where any of this is not true.


On Nov 12 01:20 PM monday1929 wrote:

> Then the officers of this company who swore what great shape they
> were in days before begging for a hundred Billion of taxpayer money
> should hire some more lawyers.
>
>
> On Nov 12 09:38 AM AIG IS A GREAT AMERICAN COMPANY. wrote:

Where's the Bailout Now?

It sounds to me like the people at AIG have misrepresented and mislead the public regarding it's financial condition (Neb.Rev.Stat. §44-1525(1)(d)) They have also made untrue, deceptive and misleading statements ( Neb.Rev.Stat. §44-1525(2))
I'm sure without looking too hard AIG has broken many laws in many states.
I on the other hand am stating facts, AIG is like a bad gambler who is so far in debt with the bookies that he borrows money from his family (in AIGs case family is the government) but the gambler instead of paying his bookies off, he goes out gambles and loses the rest of the money, with no ability to pay, the bookies kill him, in AIGs case they just go bankrupt, end of story.
Now tell me where any of this is not true.