McCain, Obama Meet in First Presidential Debate
September 27, 2008 by Jose Luis Morales · Leave a Comment
PRE EMPTIVE FINANCIAL WAR DECLARED
September 23, 2008 by Jose Luis Morales · Leave a Comment
I’ve been takin a beatin out there. It’s hard to be right when you’re left. But
I’ve been right. I’ve said it so often that now everyone says it, “Privitize Profits, Socialize Losses ”. No one would say it when I said it, which would have been in time to prevent it, but just know that Privitizing Profits, Socializing Losses HAS BEEN the Bush Economic Policy for 7 years. It was doomed to fail.
Bush and Cheney allowed everything and anything in Financial Markets to occur and then after the heist do they have to return the money? Hell no. YOU put the money back into their failed businesses. Yep. This has been the greatest con job, bank heist, rip off, robbery, raping of the US Treasury in the History of the World.
Even if you don’t think it was grand theft, bailing out broke Financial Institutions who failed to safeguard their money makes sense to NO ONE.
The crisis isn’t really a crisis either. This is PRE EMPTIVE.
One solution would be to simply negotiate with you. Too simple, and who makes money that way?
The newspapers were screaming there is worthless paper out there being sold and resold to Financial Institutions. This can’t work. And then it didn’t.
It wasn’t just houses, it was OIL too. Fake value was put on a barrel of crude by speculators. The President did nothing. The cost of everything sky rocketed. Then speculators bet the price would go down and it did. But the price at the pump stayed the same. That’s because there was no relationship between the price of crude and the price at the pump. It was all just manipulation.
Now in the middle of the night, over a weekend THE BAILOUT “plan” appears. There are no new regulations attached to receiving the Bail Out money so this could happen all over again, and there are no “people” to sort through these loans so we have to “contract out” that job on top of it.
This is THE PATRIOT ACT ALL OVER AGAIN. Anything Congress RUSHES through will be THE WRONG RESPONSE and take from you all that you have. Freedom, privacy, money, credit, all of it must go!
The massive “bailout package” has to be paid for.
How? Perhaps a massive tax increase, definitely very tight credit markets for you and for small businesses. There will be bank merger after bank merger which will limit competition for loans and bank services. The Treasury will hire ”contractors” through “no bid contracts” to place a “value” on valueless paper and set the price YOU have to pay to settle all the debt. NO one will really know how to price these things. NO one will know what they’re doing, but everyone will get INTO THE BUSINESS of buying and selling these worthless assets.
There will be a bail out of both foreign and domestic banks with your tax dollars, and all of this will happened without REGULATIONS or OVERSIGHT .
THE REAL SOLUTION IS THE ONE YOU KNOW. If the markets were regulated NOW and Mortgage holders would be permitted to renegotiate the principal on their home loans this would STOP dead in it’s tracks. Every individual with a bad loan could offer to pay 60 cents on the dollar, more or less and keep their home.
If we could make deals with credit card companies to settle our debts this would stop now because we’d have more money in our pockets to prop up the Economy.
If we raised taxes on Billionaires who created this mess and forced them to pay for this, This would stop NOW.
If we lowered taxes on Small Businesses and gave them low cost inventory loans THIS WOULD STOP NOW.
If we lowered taxes on everyone making less than 2M a year, and raised taxes through the roof on those who had profits of over $10 Million this would stop NOW. Small businesses would pop up all over America and people could go back to work, small business would flourish and the taxes we pay at the lower rates would pay down the DEBT.
If we left Iraq NOW we would add 10 Billion a MONTH to the Treasury.
This Government Bailout of banks BEFORE they fail, including FOREIGN BANKS with Taxpayer dollars is PRE EMPTIVE FINANCIAL WAR on the American People. It is the last part of Shock and Awe.
DO NOT SIT IDLY BY. Demand that this stop. DEAD COLD.
What we need and want is REREGULATION of FINANCIAL INSTITUTIONS .
- Give Homeowners the ability to negotiate home loans, car loans, credit card debt .
- Set up a Resolution Trust Corporation to buy back homes we can’t afford to keep with a Board of Directors to monitor all purchases and sales.
- Immediately force Financial Institutions to stop paying dividends to shareholders.
- Sell the hard assets of failed financial institutions, offices, buildings, computers, desks, any real property they owned.
- Oversight on the entire Bailout process through a Board of Directors to oversee any acution of company assets.
- Charge CEOs with fraud and levy huge fines on those who profited from Fraud and Misery.
- Enact a law that states that a CEO can not make more than 144 times the amount the lowest paid worker makes.
- Ban NO BID contracts with shadowy people who for a profit will price and sell assets, loans, banks.
Secretary of the Treasury Henry Paulson Former CEO of Goldman Sachs must NOT be left alone, unregulated in this process.
THIS IS PRE EMPTIVE FINANCIAL WAR ON THE AMERICAN PEOPLE. http://www.washingtonpost.com/wp-dyn/content/article/2008/09/20/
AR2008092001059_pf.html
The BILL - It’s only 3 pages READ IT:
Treasury’s $700 Billion Plan: Henry Paulson hands you….and your grandkids…the bill for 20 years of recklessness.
http://blogs.wsj.com/economics/2008/09/20/treasury’s-financial-bailout-proposal-to-congress/
Cash For Trash
Krugman details the “paradox of deliberating”…..a giant windfall at taxpayers expense
http://www.nytimes.com/2008/09/22/opinion/22krugman.html?_r=1&ref
=opinion&oref=slogin
Democrats – No Deal
The Democrats say NO DEAL without protections for Homeowners, Taxpayers, Oversight and Regulation
http://money.cnn.com/2008/09/22/news/economy/bailout_proposal_M
onday/?postversion=2008092209
This bail out is PRE EMPTIVE
There are no REGULATIONS ATTACHED TO THE MONEY nor does it help any homeowner.
SHOCK AND AWE – THE FINANCIAL SHOCK.
The Bush Legacy: The Word For It Is “Rape”
http://thinkprogress.org/2008/09/21/bush-legacy-taxpayer-funds/
IRAQ RECONSTRUCTION
- $142 million wasted on reconstruction projects that were either terminated or canceled. [Special Inspector General for Iraq, 7/28/08]
- “Significant” amount of U.S. funds for Iraq funneled to Sunni and20Shiite militias. [GAO Comptroller, 3/11/08]
- $180 million payed to construction company Bechtel for projects it never finished. [Federal audit, 7/25/07]
- $5.1 billion in expenses for Iraq reconstruction charged without documentation. [Special Inspector General for Iraq Reconstruction report, 3/19/07]
- $10 billion in spending on Iraq reconstruction was wasteful or poorly tracked. [GAO, 2/15/07]
- Halliburton overcharged the government $100 million for one day’s work in 2004. [Project on Government Oversight, 10/8/04]
KATRINA
- Millions wasted on four no-bid contracts, including paying $20 million for an unusable camp for evacuees. [Homeland Security Department Inspector General, 9/10/08]
- $2.4 billion in contracts doled out by FEMA that guaranteed profits for big companies. [Center for Public Integrity investigation, 6/25/07]
- An estimated $2 billion in fraud and waste — nearly 11 percent of the $19 billion spent by FEMA on Hurricanes Katrina and Rita as of mid-June. [New York Times tally, 6/27/06]
- “Widespread” waste and mismanagement on millions for Katrina recovery, including at least $3 million for 4,000 beds that were never used. [GAO, 3/16/06]
DEFENSE CONTRACTS
- A $50 million Air Force contract awarded to a company with close ties to senior Air Force officers, in a process “fraught with improper influence, irregular procedures, glaring conflicts of interest.” [Project on Government Oversight, 4/18/08]
- $1.7 billion in excessive fees and waste paid by the Pentagon to the Interior Department to manage federal lands. [Defense Department and Interior Department Inspectors General audit, 12/25/06]
- $1 trillion unaccounted for by the Pentagon, including 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.20[GAO, 5/18/03]
The Empire Strikes Back
The same banking industry begging for help from us launches an Army of lobbyists to control the rescue plan
http://online.wsj.com/article/SB122204115528161189.html?mod=article-
outset-box
Paulson: His Master’s Servant
He was at the helm when this financial Titanic cruised towards and hit the iceberg……now Henry Paulson…still a loyal Bushie…wants to steer the rescue ship.
http://www.msnbc.msn.com/id/26817453/
Give Us Our Parachutes…Or We Wont Play.
Paulson roadblocks compensation limits on the useless players who got us into this fix.
http://www.politico.com/news/stories/0908/13717.html
The Meltdown: The For-Profit Vultures Circle
The Bush bailout actually suggests we turn over the mismanaged wreckage of the private sector….to the private sector
“….The government could contract with private companies to manage the assets it purchased under the rescue….”
http://ap.google.com/article/ALeqM5ioHc80xKMiATnqCpK0cDKJ
zk_nPQD93AO52G0
Morgan and Goldman Sachs become BANKS
http://www.bloomberg.com/apps/news?pid=20601087&sid=aoDmO_d0IJ
SU&refer=home
AL QAEDA IS GETTING EXACTLY WHAT THEY WANTED. DESTROY OUR ECONOMY AND KILLING AMERICANS ALL OVER THE WORLD LAST WEEK THE AMERICAN EMBASSY IN YEMEN – AND THE PRESIDENT SAID NOTHING
http://afp.google.com/article/ALeqM5jsx4CIYuiPBJT41ukRXnzUrrkw4A
THIS WEEKEND THE MARRIOT HOTEL IN ISLAMABAD WHERE AMERICANS STAY IN PAKISTAN AND THE PRESIDENT SAID NOTHING
http://www.csmonitor.com/2008/0922/p04s01-wosc.html
Sarah Palin’s Record on Aerial Wolf Hunting
September 22, 2008 by Jose Luis Morales · Leave a Comment
Sarah Palin’s record on the brutal practice of aerial hunting exposed.
Palin puts herself first
September 22, 2008 by Jose Luis Morales · Leave a Comment
Palin describes the Palin/McCain administration.
Damon Condemns Palin
September 22, 2008 by Jose Luis Morales · Leave a Comment
Actor Matt Damon speaks out on the Republicans’ choice of hockey-mom Sarah Palin for VP. Damon compares her rise to a ‘really bad Disney movie’ and says it’s crazy that this woman could become President. (Sept. 10)
Truck bomb at Islamabad Pakistan hotel kills over 50
September 22, 2008 by Jose Luis Morales · Leave a Comment
Bomb Blast in Islamabad
Bom Blast at Marriott Islamabad Pakistan.
Islamabad blast: 30 killed, 150 injured
Sarah Palin BIO
September 5, 2008 by Jose Luis Morales · Leave a Comment
So let us ask the question that should be on the mind of every thinking person in the world at this moment: If John McCain becomes the 44th president of the United States, what are the odds that a blood clot or falling object will make Sarah Palin the 45th?
The actuarial tables on the Social Security Administration website suggest that there is a better than 10% chance that McCain will die during his first term in office. Needless to say, the Reaper’s scything only grows more insistent thereafter. Should President McCain survive his first term and get elected to a second, there is a 27% chance that Palin will become the first female U.S. president by 2015. If we take into account McCain’s medical history and the pressures of the presidency, the odds probably increase considerably that this bright-eyed Alaskan will become the most powerful woman in history.
As many people have noted, placing Palin on the ticket has made these final months of the already overlong 2008 campaign much more interesting. Is Palin remotely qualified to be president of the United States? No. But that’s precisely what is so interesting. McCain not only has thrown all sensible concerns about good governance aside merely to pander to a sliver of female and masses of conservative Christian voters, he has turned this period of American history into an episode of high-stakes reality television: Don’t look now, but our cousin Sarah just became leader of the free world! Tune in next week and watch her get sassy with Pakistan!
Americans have an unhealthy desire to see average people promoted to positions of great authority. No one wants an average neurosurgeon or even an average carpenter, but when it comes time to vest a man or woman with more power and responsibility than any person has held in human history, Americans say they want a regular guy, someone just like themselves. President Bush kept his edge on the “Who would you like to have a beer with?” poll question in 2004, and won reelection.
This is one of the many points at which narcissism becomes indistinguishable from masochism. Let me put it plainly: If you want someone just like you to be president of the United States, or even vice president, you deserve whatever dysfunctional society you get. You deserve to be poor, to see the environment despoiled, to watch your children receive a fourth-rate education and to suffer as this country wages — and loses — both necessary and unnecessary wars.
McCain has so little respect for the presidency of the United States that he is willing to put the girl next door (soon, too, to be a grandma) into office beside him. He has so little respect for the average American voter that he thinks this reckless and cynical ploy will work.
And it might. Palin’s nomination has clearly excited Christian conservatives, and it may entice a few million gender-obsessed fans of Hillary Clinton to vote entirely on the basis of chromosomes. Throw in a few million more average Americans who will just love how the nice lady smiles, and 2009 could be a very interesting year.
Tune in next week and watch cousin Sarah fuss with our nuclear arsenal … .
Sam Harris is a founder of the Reason Project and the author of “The End of Faith” and “Letter to a Christian Nation.”
Sarah Palin: “What does a VP do?”
September 5, 2008 by Jose Luis Morales · Leave a Comment
In this clip from recent months on CNBC’s Kudlow & Co., McCain VP nominee Sarah Palin confesses she has no clue what a VP does!
Fox News Busted
September 5, 2008 by Jose Luis Morales · Leave a Comment
The White House is busted!!
Ex-White House Press Secretary Scott McClellan exposed Fox News as a propaganda tool for the White House on Chris Mathews Hardball.
Fox in the White House: It is one of those things you kind of assume to be true all along… and yet are shocked when hard confirmation actually comes. Our fourth story tonight, from the former White House press secretary himself, word that the Bush White House routinely sent–and as far as we know, still sends– literal talking points to Fox News for its primetime propagandists, Bill O’Reilly, Sean Hannity and others… to spout, as if ventriloquist dummies, as if they had thought of it themselves, as if they had come to those opinions independently, as if there had been a process either fair… or balanced.
Amy Goodman Arrested at RNC
September 2, 2008 by Jose Luis Morales · Leave a Comment



