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TrueConservative

TrueConservative
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  • Last night's 60 Minutes report revealed the startling frequency members of Congress use inside information for personal financial gain. Apparently it's all legal, even this: After receiving secret briefings from Bernanke and Treasury Secretary Paulson as the financial collapse unfolded in Sept. 2008, Rep. Spencer Bachus shorted the market and shorted GE four times. Throw Them All Out, Peter Schweizer says.  [View news story]
    You're a liberal!!!11!!
    Nov 14 08:34 PM | 1 Like Like |Link to Comment
  • Last night's 60 Minutes report revealed the startling frequency members of Congress use inside information for personal financial gain. Apparently it's all legal, even this: After receiving secret briefings from Bernanke and Treasury Secretary Paulson as the financial collapse unfolded in Sept. 2008, Rep. Spencer Bachus shorted the market and shorted GE four times. Throw Them All Out, Peter Schweizer says.  [View news story]
    NO!!!1

    ONLY the DEMOCRATS use inside information!!!1 Especially Nancy Pelosi, that's ALL she does ALL day long!!!11!!1!1

    The kind sweet poor alabaster Republicans get a bad rap, when all the while they're just average joes trying to make an honest living deregulating banking and fighting every measure designed to prevent additional crises. STOP picking on us!!11!!!!1!
    Nov 14 07:20 PM | 5 Likes Like |Link to Comment
  • Some U.S. states would be hit harder than others if Europe falls into recession, according to Wells Fargo research. Utah, where European exports make up 5.6% of its GDP, tops the list because of its gold and silver exports. South Carolina, an auto-producing state, comes next, and coal exporting West Virginia rates third most vulnerable.  [View news story]
    Ha ha!!!1! All stupid liberal states tied to stupid liberal Europe!!1!!

    SAY NO* to bailing out BLUE states!!!11112

    * - bailing out red states is okay though

    Nov 14 06:56 PM | 1 Like Like |Link to Comment
  • The odds of an early 2012 U.S. recession now exceed 50% as a result of Europe’s debt crisis, according to San Francisco Fed economists. The weak U.S. economy is more vulnerable than usual to turbulence beyond its borders, as the unexpectedly severe U.S. effects from Japan's earthquake in March demonstrates, the researchers say.  [View news story]
    Let's all keep our eye on the ball here!!!1!

    The important thing to remember is that we NEED a recession caused by the Euro so that we can blame it on OBAMA so that we can get the GOP back in control of the WHITE House and the Senate!!1!!

    Then we can finally stop this foolishness of pretending that the debt matters!!11!!!1!

    God bless the Virtuoso!!
    Nov 14 02:54 PM | 2 Likes Like |Link to Comment
  • "Not since Napoleon will a leader have served a more pointless 100 days," writes the FT's Lex column of Greek PM Papademos. With elections set for Feb. 19, his purpose is to preside over the passage of austerity reforms demanded by the EU/IMF, but then what? Already in depression-like conditions, the economy is set to deteriorate even more, likely overwhelming any attempt at reducing the budget deficit.  [View news story]
    Gosh. I do my best to take posts wildly off-topic with ignorant and nonsensical ramblings that have no basis in fact. I really do.

    But sometimes somebody just beats me to it, and it makes me sad.
    Nov 13 06:05 PM | 1 Like Like |Link to Comment
  • "The psychology of hiring has completely changed," says Manpower's David Arkless. In the past, firms hired temporary workers at the start of a recovery and gradually took on more permanent staff as the economy improved. Not today, even in sectors where companies are growing. Lingering fears of a double-dip recession are to blame, as firms hit hard by downsizing costs over the last few years find it much more palatable to hire and fire temporary workers than to have lay off permanent staff - again.  [View news story]
    Just the other day I was thinking to myself, there's so much demand out there, I could make TONS of money if I hired more people! But then I thought, it's just too scary to hire until we get someone a little, shall we say, lighter, in the oval office.

    But this constant threat of HUGE tax increases by a man who has no legal power to raise my taxes, that's just too much to live with!!1!

    I mean, what if he magically gets the power to raise my taxes, like through some kind of anti-caucasian hypnosis! Rush says he can do that!!1

    Come on, do the math! If I raise my profits by 15% only to have him take another 3%, then mathematically it's OBVIOUSLY not worth it!!
    Nov 10 09:58 PM | 4 Likes Like |Link to Comment
  • Fannie Mae (FNMA.OB) reports a $5.1B Q3 loss and says it will seek $7.8B in additional federal aid to stay afloat. The loss was attributed to continued weakness in the housing market and credit-related expenses on home loans made prior to 2008. Fannie Mae has drawn $112.6B in Treasury bailout funds and has paid $17.2B to the government in dividends.  [View news story]
    Those loans made prior to 2008 were ALL OBAMA'S FAULT!!!1!!1
    Nov 8 05:32 PM | 1 Like Like |Link to Comment
  • The U.S. is not just heading towards default, says Ben Stein, we're racing towards it. Our country has simply taken on far too many obligations than we can afford, Stein asserts. We've got to raise taxes and cut expenditures, particularly on unemployment and disability, where there's so much fraud "it's just insane." (video)  [View news story]
    Remember, shitty jobs are just a ploy by the Democrats to get everyone on food stamps!!!11!!
    Nov 8 05:10 PM | 1 Like Like |Link to Comment
  • Why does rising U.S. inequality matter? Paul Krugman believes it has resulted in a nation in which most families don’t share fully in economic growth. "The larger answer, however, is that extreme concentration of income is incompatible with real democracy. Can anyone seriously deny that our political system is being warped by the influence of big money?"  [View news story]
    Yeah that fool Krugman?
    And Obama with all his fundraising, especially from those evil small individual donors that are ruining this country -- who do they "THINK" they are, the majority?
    No more government! Government is corrupt and we need to vote in all the conservatives so they can prove it to us.
    America is great! Demand more of your innards, look at yourself!
    It's about SALIVATION!
    We challenge no running!
    Something rambling and incoherent!
    They will not succed!

    God bless the Virtuoso!
    TC
    Nov 4 06:54 PM | 2 Likes Like |Link to Comment
  • Jon Corzine forgot the lessons of liquidity and risk, and the perils of short-term funding and leverage. Now after the collapse of MF Global, and the discovery that hundreds of millions of dollars were missing from its customer accounts, Corzine's legacy and reputation are in tatters - and he could even face a trip to the slammer.  [View news story]
    WAIT!!! I just read that he was a DEMOCRAT!!!!11! I take it all back!!!1!!11!!!!!!!

    He's obviously such a SOCIALIST!!! And a COMMUNIST too!!!!!!11

    Clearly ALL democrats do this ALL the time!!!!!1!

    He needs to be tried for TREASON and HANGED!!!
    Nov 2 07:41 PM | 1 Like Like |Link to Comment
  • Jon Corzine forgot the lessons of liquidity and risk, and the perils of short-term funding and leverage. Now after the collapse of MF Global, and the discovery that hundreds of millions of dollars were missing from its customer accounts, Corzine's legacy and reputation are in tatters - and he could even face a trip to the slammer.  [View news story]
    This guy is a True Capitalist! The government is just getting in the way of the FREE MARKET!!

    Those people obviously GAVE him their money, and the government and OBAMA are just INFRINGING on his RIGHTS to do WHATEVER HE WANTS!!!1!

    These lame attempts at "prosecution" and "justice" are just a plot by the left to get everyone on food stamps!!!1!!!!!2!!

    God bless the Virtuoso!
    Nov 2 07:35 PM | 1 Like Like |Link to Comment
  • The great Manny Derman, formerly head of Goldman's Quant Strategies group, ruminates on the EU deal: "Instead of 'voluntary' Greek haircuts, why not make it illegal to mark Greek bonds below par?" While we're at it, "Define pi as equal to 3. Makes refinancing cheaper."  [View news story]
    That's a stupid comment! Pi is already 3!!1!
    Oct 28 08:23 AM | Likes Like |Link to Comment
  • Shares of for-profit education company DeVry (DV) took hit after hours as its FQ1 earnings missed the mark. Profits fell 22% Y/Y, hit by a weak enrollment in its main unit - business, technology and management - plus higher operating costs. For-profit college enrollments have suffered after being forced to rein in aggressive recruiting practices amid criticism of their high student-loan default rates. Shares -8.7% AH.  [View news story]
    This company is a shining example of how capitalism should work!

    You provide as little value as possible for as much profit as possible, and forget the rest!!!1!
    Oct 25 08:40 PM | Likes Like |Link to Comment
  • The White House reveals details of its student loan relief plan a day ahead of Pres. Obama's announcement. Monthly payments for some students will be reduced to 10% of discretionary income, debt balances will be forgiven after 20 years of payments, and some students can consolidate their loans with government loans into a single payment with a reduced interest rate.  [View news story]
    Damn right! YOu took the loan, now YOU pay it back!!

    Predatory lending is a myth! If I'm a bank, and I willingly offer tens of thousands of dollars to a pot smoking philosophy major with a 0.9 GPA who attends a college no one has ever heard of, then I obviously bear NO RESPONSIBILITY for what stupid people like financial advisers would call a "bad investment" -- bah, like that's even a real thing!

    Responsibility is for suckers, debtors are suckers, so they're the only ones responsible for anything. Don't you know anything!!!1!!

    Everyone knows LENDERS can't do anything wrong, never have any risk, and always get paid back!!

    Besides, I borrowed a thousand dollars during a period of unprecedented economic growth and opportunity, and I paid it ALL back with all the money I made for not doing much of anything, so these stupid kids with their piddly six-figure debts and their insignificant little longest-period-of-high... need to just STOP WHINING!!!!11!

    YEAH!! Rick Parry 2012!

    God bless the Virtuoso!
    Oct 25 08:20 PM | 1 Like Like |Link to Comment
  • Did CNBC's Carl Quintanilla actually make Michael Moore look like a genius? "The Dow is up 95, and that's what we cover on this network. Do you own any equities...?" Moore says no: "It's your job not just to report that the Dow is up 95 [but] to go in there and find out what's really happening... who's dividing this pie up so that the 1% get the majority of it. That's really the story."  [View news story]
    The 1% are truly gifted! They can fleece the 99% like no generation before them!! And they do it while getting half the 99% to love them for it!!! In fact they're fleecing me right now and I just love them more!!

    And Michael Moore is only a member of the FAKE 1%! He got his money by selling products in a REGULAR market!! Where he told people what he was selling, and they bought it because they actually wanted to!! Who the heck runs a business like that? He doesn't even front-run their orders! If you can't rig the market, what's the point?? He doesn't know ANYTHING about capitalism!!!1!
    Oct 24 06:59 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
70 Comments
249 Likes