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  • Wall Street Breakfast: Must-Know News [View article]
    "We are overwhelmed with greed, corruption, and hopium!" - eboworthen

    Ahhh, The Stupor Of "Hopium". (He He He; Oh Dang !!!)

    I have to agree with bbowen7 that Sheila Bair has actually showed some fortitude of recognition and attempts to warn. Bummer she is, by position, like the swimmer on the beach watching the incoming tidal wave from the low tide mark.

    Higher "Fraud Rates" always happen when things become "Uncertain" and more scrutiny is paid to Enforcement. Law Suits and "Workouts" are starting to Balloon. If "Mark To Myth" is ever repealed we will have records within this stat.
    Oct 20 16:23 pm |Rating: +3 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Taxing the financial sector down to size. : Heavily Taxing Profits From Nefarious Action Will Do Nothing But "Change" The Way Monies Are Accounted. How About This For A Novel Plan - Separate The "Casinos From The Holds", Nothing Allowed "Off Balance Sheet, And Enforce The Regulations.

    Looser rules for bank buyouts.: Actual Capital, not created by the "Magic Money Fountain" is scarce. The FDIC is beginning to realize this.

    Fed asks for disclosure delay. : The Lawyer Dance Continues. This is tenuous; the charade will continue indefinitely unless there is transparency and accountability. I understand that the Fed is "Private" but isn't the TARP funds "Our Money"?
    Aug 27 12:11 pm |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I agree.

    The worthwhile comments get the negatives and the Spammer -bort user - gets the positives.

    "Sabotage Or Stupidity" - maybe a bit of both.

    To Those Skewing The Ratings => Pretend At Your Own Peril - Safety IS A Function Of Awareness.


    On Jul 31 02:23 PM AndrewBaker wrote:

    > Wow! This article is being read by those on the happy bull pills
    > that the government seems to be handing out now: my comment above
    > put in a jocular way about the market opening higher for no sensible
    > reasons and needing to come back down to reality has been thumbed
    > down by most so far. Are these the same people buying this market?
    > If so, then I won't be so sorry when it falls and they lose some
    > of their shirt for buying because they were afraid to miss out on
    > the so-called bull market and greedy enough to try to catch a lift
    > up before they missed it. Truth is though that this market is coming
    > way back down and will stay down before it gets to go back north
    > again.
    >
    > And doubleguns very good comment about letting the banks fail is
    > slated too. Maybe it's bankers as well as substance users on here
    > today (and some politicans too, perhaps?)
    >
    > I want a rising market but an honest one, pleeeease.
    Jul 31 16:27 pm |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    So, is a non-binding vote for "Representation" in the future as well?

    Might be all too close with the implementation of Electronic Voting.

    The Circus Continues - Down With Clowns !!!
    Jul 29 16:51 pm |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    If you read the first TARP Legislation it states that - if the company does significant business within the USA it is eligible for funds.

    Think about the whole "Globalization" mantra - OH CRAP; THE WORLD NOW HAS ACCESS TO OUR TAX PAYER MONEY FOR THEIR OWN MONEY HOLES !!! TARP Is Hideous Legislation, If Not Treasonous.

    T - Treasury
    A - Assisted
    R - Rip-Off
    P - Plan

    Got to love those "Representatives" that do not read the legislation they pass into law.


    On Jun 23 09:40 AM a. palmer jr. wrote:

    > I thought Nissan was a Japanese car company...How is it that they
    > are getting loans from our government? Have they all gone crazy
    > in Washington?
    Jun 23 14:25 pm |Rating: +3 0 |Link to Comment
  • Don't Count American Manufacturing Out Just Yet [View article]
    Unless the Punitive Tax Structures and Mandated Governmental Bureaucracy is reduced, any real recovery in US manufacturing is Improbable.
    Jun 09 15:07 pm |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I doubt the "Market" will go down with any gusto until the "Banks" finish their capital raise.

    Shadow Banking, Dark Pools, and The Presidents Working Group On Financial Markets Still Exist. These entities have no interest in a negative market - at this time. Fill The Money Hole Is The Agenda. Once this objective is complete and solvency assured the populous will receive the news of "We Must Endure The Hard Times; But Hey We Are Saved.".

    Tax Revenues Still Tanking, Unemployment Still Rising, Bankruptcy and Default Accelerating - Don't Look At The Man Behind The Curtain.

    Safety Is A Function Of Awareness.

    The Complexity Of Corruption Is Vast.
    Jun 09 13:18 pm |Rating: +5 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Unfortunately, the Constitution is not highly regarded by the masses or the leaders of America. Alas, it has been relegated to a "Historical Reading Requirement" rather than the law of the land.

    Without agreement of respect and regard for this document "Because I Say So" becomes the ruling Ideology.

    When people finally realize that the "Concept of Money" is at the root of government we may actually see a turn around in attitude. Money is power.

    Down with the Corpratocracy !!!

    The buddy system is great if benevolent people are involved; It is the opposite if the contrary is true.

    Evil always seeks the seat of power. Power given is not so easily taken back. Consider that the Devil may occupy the seat intended for angels in the issuance of governmental power. The price to good people for apathy in public affairs is to be ruled by evil.

    The Worst Is Yet To Come.

    Safety will be found in Real Estate or tangible assets.

    The Reset Continues.



    On Jan 22 11:14 AM axelrod608 wrote:

    > Good job. Keep those breakfast buffets coming. Always informative
    > and timely.
    >
    > As I watched our new Prez and a roomful of his picks take the oath
    > of office I was struck as they all swore to uphold and defend the
    > Constitution, and later the same day map out the strategy for the
    > next round of bailouts.
    >
    > It makes one wonder if any of them ever actually read the Constitution,
    > which contains an assortment of good ideas including the one which
    > lays out the proper way to handle failing companies. Bankruptcy
    > is the Constitution's mandate for dealing with our current financial
    > mess.
    >
    > And there's not a word in the Constitution authorizing anyone or
    > any branch of government to bail out failing individuals or businesses
    > using federal funds.
    >
    > We have totally lost our way. Our leaders treat our Constitution
    > as an old decrepit second cousin they let sleep in the attic and
    > feed occasionally. Drag him out occasionally for show and family
    > photos.
    >
    > I don't know about anybody else, but the "change" I was hoping for
    > included going back to the ways our founding fathers instructed us
    > to follow in the operation of government. Then again, I wasn;t naive
    > enough to actually believe it would ever happen.
    >
    > Tax and spend, borrow and spend - there's no real difference. Looks
    > like we get to settle for a "change" of names on the doors and desks.
    Jan 22 12:59 pm |Rating: 0 0 |Link to Comment
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