Debunking Wall Street's New Fairy Tale [View article]
The real truth will come out after a few years.
It is simple, really, there are too many pigs working in the finance sector of the economy. Too people employed in one sectors always leads to chaos as the demand for paychecks out weighs their worth to the overall economy. Pigs being a relative term because even those with ethics and virtures have been corrupted by the demand of mutual funds demands for fast profits every quarter not allowing for long term planning or investments.
Moral Hazard, Time Inconsistency and 'Too Big to Fail' [View article]
A little late to preach MORALS isn't it ??? The people cleaning up this mess daily have morals the immoral have escaped mostly with their booty.
The Immoral greedy scoundrels who should be in jail for violation of the RICO Act !
Anyone notice that JEB BUSH got the Bush Family (G.W. included) out of the market at the top of the market before the crash. Guess his position at Lehams gave him some insight. Or maybe conservation with his borther the President gave him the incentive to sell off and pull out of the market. He even quit the Lehams job after selling out the Bush Trusts.
IN OTHER WORDS THE GOVERNMENT WAS PAYING THE CLAIMS MADE BY BANKS ON AIG FOR FINANCIAL INSTRUMENTS AIG INSURED THROUGH UNDERWRITERS.
Say it right.
The FBI has so many cases that many will escape the time limits for prosecution. The FBI had to limit their fraud prosecution to $280.000 plus because there are so many.
AIG Bailout: Initial Cynicism Justified Now More than Ever [View article]
Stimulius NOT NEEEDED !!!!!! NEW JAILS NEEDED !!!!!!!!
New Estimates that over 50 % of all Subprime Loan paper work does not even exist ! And there are no Computer Tapes with images of the loans either!
Subprime Lenders never tansfered the Loan Imagies to tape !!!!!!! Subprime Lenders destoryed the paper work and covered up their crimes. FBI warned the Bush Whitehouse in 2004 that Regualtors were not doing their jobs in making sure the tapes werre made and stored correctly. The FBI was told to cease.
Hedge Fund Portfolio Tracking: Bill Ackman's Pershing Square Capital, Q4 2008 [View article]
How many of the new homes, apartment complexes or whole subdivision will have to be stripped and remodeled to remove the Chinesse Sheetrock ?
The insulation is breaking down on electrical wiring, cooling coils springing leaks. chemical oders in air vents, and people getting sick.
Chinesse Sheetrock is the suspect.
Would be funny huh? If the over supply of housing disappeared and the overage had to be torn down because of chemical dumping with illegal chemicals in building products.
The Gloom Talk from the Top Needs to Stop [View article]
UNLIKE THE SAVINGS AND LOAN BAILOUT RUN BY KARL ROVE AND JEB BUSH, the South American Bailout, Russian Bailout, TWICE we bailed out Eroupe, 2 times we bailed out Mexico, so this make about the 15TH Bail out heaped on the U.S. Taxpayers.
For so called capitalist living in a CONSUMERISM BASED ECONOMY. You guys miss the point about Consumerism !
On Feb 24 08:18 AM NITRAM wrote:
> Our pretend racist socialistic president doesnt want the doom and > gloom to stop. This is his socialistic plan to become Tzar over and > socialistic country. In the last few years the following companies > are the beginning of a socialistic empire: FREDDY, FANNY, AIG, CITI. > OTHERS ON THE CUSP: BANK OF AMERICA, G.M. JP.MORGAN, WHICH INCLUDES > BEAR STERNS AND WACHOVIA. Who is next.? Listen to his speech this > evening. he will take about what he has inheritated. Yes, "W" left > a mess, but he has doubled what "W" in eight years he has done in > one month.
Debunking Wall Street's New Fairy Tale [View article]
It is simple, really, there are too many pigs working in the finance sector of the economy. Too people employed in one sectors always leads to chaos as the demand for paychecks out weighs their worth to the overall economy.
Pigs being a relative term because even those with ethics and virtures have been corrupted by the demand of mutual funds demands for fast profits every quarter not allowing for long term planning or investments.
Moral Hazard, Time Inconsistency and 'Too Big to Fail' [View article]
The people cleaning up this mess daily have morals the immoral have escaped mostly with their booty.
The Immoral greedy scoundrels who should be in jail for violation of the RICO Act !
Anyone notice that JEB BUSH got the Bush Family (G.W. included) out of the market at the top of the market before the crash. Guess his position at Lehams gave him some insight. Or maybe conservation with his borther the President gave him the incentive to sell off and pull out of the market. He even quit the Lehams job after selling out the Bush Trusts.
Goldman Owes Taxpayers More than Just TARP [View article]
Another AIG Scandal? [View article]
Say it right.
The FBI has so many cases that many will escape the time limits for prosecution. The FBI had to limit their fraud prosecution to $280.000 plus because there are so many.
10 Reasons Why We Still Haven't Hit Bottom [View article]
The economy is being held hostage by the Oil Refinerys !
The CRACK PRICE of oil to turn crude into fuel is only high if you operate the refinery 12 hours a day.
2 hour start up -- 8 hours of production - 2 hours shut down.
Operate 24 a day and gas prices drop to under $1.30 and people will start moving again.
NATIONALIZE THE OIL REFINERYS ---- SCREW THE BANKS.
Geithner Regulates: After the Carrot, A Stick for Banks [View article]
What is the problem it is working in England, Spain and France.
Bear Stearns: One Year Later [View article]
Charges can be brought how long after fraud ???
While Financials Drag Markets Down, Five Ways to Stay in Play [View article]
Who is on WELFARE NOW ?>>>>>
Yesterday's Market Festivities Summarized [View article]
The Bush Adminstration hide those facts and reported the number of Forclosures were dropping.
Who ever authorized that fasle report need to go to jail now !
AIG Bailout: Initial Cynicism Justified Now More than Ever [View article]
New Estimates that over 50 % of all Subprime Loan paper work does not even exist !
And there are no Computer Tapes with images of the loans either!
Subprime Lenders never tansfered the Loan Imagies to tape !!!!!!!
Subprime Lenders destoryed the paper work and covered up their crimes.
FBI warned the Bush Whitehouse in 2004 that Regualtors were not doing their jobs in making sure the tapes werre made and stored correctly. The FBI was told to cease.
U.S. Debt Watch: Paths to Repudiation [View article]
Any GDP over 2.1 will only hasten the day when we will be experiencing another Economic Crisis.
The Financial World wants to change the U.S. Economic model and has not bothered to explain this to the U.S. Consumer.
Consumerism is still pressed with advertizing while caution and thriftyness played down.
You can't have it both ways and have a stable market place.
Proceeding with Nationalization: Where to Begin [View article]
Just one action!
Bankers are lending !
Banking insiders are borrowing to buy cheap foreclosed homes and load up on cheap stocks while the market is down.
Rich get richer just like all the banking crisis it is the bankers who own more of the USA and the citizens own less.
Hedge Fund Portfolio Tracking: Bill Ackman's Pershing Square Capital, Q4 2008 [View article]
The insulation is breaking down on electrical wiring, cooling coils springing leaks. chemical oders in air vents, and people getting sick.
Chinesse Sheetrock is the suspect.
Would be funny huh? If the over supply of housing disappeared and the overage had to be torn down because of chemical dumping with illegal chemicals in building products.
The Gloom Talk from the Top Needs to Stop [View article]
For so called capitalist living in a CONSUMERISM BASED ECONOMY. You guys miss the point about Consumerism !
On Feb 24 08:18 AM NITRAM wrote:
> Our pretend racist socialistic president doesnt want the doom and
> gloom to stop. This is his socialistic plan to become Tzar over and
> socialistic country. In the last few years the following companies
> are the beginning of a socialistic empire: FREDDY, FANNY, AIG, CITI.
> OTHERS ON THE CUSP: BANK OF AMERICA, G.M. JP.MORGAN, WHICH INCLUDES
> BEAR STERNS AND WACHOVIA. Who is next.? Listen to his speech this
> evening. he will take about what he has inheritated. Yes, "W" left
> a mess, but he has doubled what "W" in eight years he has done in
> one month.
The Gloom Talk from the Top Needs to Stop [View article]
Look at the stunts they have to pull to get constant media attention.