First, the Big News, remember when Bank of America took over Merrill Lynch at the behest of the US government? “Mr Lewis Bank of America’s chairman and chief executive, also knowingly hid the state of Merrill Lynch’s “staggering” losses from shareholders at the behest of former Treasury Secretary Paulson and Federal Reserve chairman Ben Bernanke.” Mr. lewis didn’t want to takeover Merrill because of Merrill’s “staggering losses” but he was forced to after being “threatened” by Fed Chairman Bernanke.
“…Paulson and other policymakers may have resorted to breaking securities laws in order to protect a fragile financial system, according to Peter Sorrentino, “Everyone involved knew that was a clear violation, that’s material non-public information, so basically we just closed the rule book during the crisis and said we don’t care, we need to keep the lights on, and we’ll deal with that manana,” Sorrentino said. “Logic went out the window and they were just acting out of fear,” he said. It was “completely panic mode.”
THE WOLVES ARE IN CHARGE OF THE HEN HOUSE. THEY DON’T GIVE A CRAP ABOUT US. ALL THEY CARE ABOUT IS THE PERPETUATION OF THE SYSTEM. PRESERVE THE STATUS QUO AT ALL COSTS.
Do you support Iran waterboarding the American reporter/agent being held by Iran? Why not, Iran accuses her of being a spy. If the US can waterboard suspects Iran should also be able to. Iran should drug her, put creepy, crawly bugs on her, keep her awake for a week straight, put lightsticks up her butt, electrodes on her nipples, dry fire a pistol at her head, slam her up against a wall, water board her 180 times in a month, let vicous attack dogs bark within inces of her face, strip her naked and let her freeze than pile her up with other naked detainees and not feed her for a week. I support Iran doing this to the captive reporter, poor Ms. Roxana Saberi.
If you support the US using torture, or if it helps you to justify and rationalize your own barbarism or bloodlust, “extraordinary interrogation methods”, and you don’t support them doing it to us, then in my opinion you are a hypocrite or lack reasoning skills. I’m always open to argument so convince me why it’s ok for US, but not for them.
Which gets me to the issue once again of torture. The US should not torture suspects. It puts US citizens at risk of also being tortured by others. US CITIZEN Jose Padilla was tortured and drugged. I also believe that we need to get to the bottom of who authorized it, hold those folks accountable and put an end to the practice so others are not put at risk.
Torture – coming soon to a FEMA camp near you. Then I will be laughing at you as you meekly cry, “…but…but…but…..I meant you can only torture them and not US.” Hahaha!! Give them the power and they will use it.
GM is shutting down over the summer. Was this part of the plan that GM management had to present to the government in order to get taxpayer funds? If not, just think how poorly GM must be run if they weren’t able to predict less than six months beforehand that they would have to close plants down for the entire summer. Wild. They should declare bankruptcy. You couldn’t run a convenient store like that and stay open.
Just think how this summer may look with tens of thousands more facing temporary layoffs and putting more economic demands on the already bankrupt states. Will the last one out of Michigan please turn off the lights?
Finally, the government is going to force some consumer friendly credit card regulations to reign in the worst abuses by credit card bastards. Charging someone an interest rate of 25 or 30% is usurious and should still be illegal. From Marketwatch: The House bill would take actions such as:
- Prohibiting rate hikes on existing balances, except in certain circumstances.
- Requiring 45 days notice for interest rate increases and significant contract changes.
- Prohibiting “over-the-limit” fees when cardholders have set their own credit limits.
- Prohibiting “double cycle” billing, a practice in which interest is charged on debt that has already been paid on time.
- Prohibiting fees for payments made over the phone or Internet.
- Prohibiting payments from being applied first to a consumer’s lowest interest rate balance.
- Establishing standard definitions for terms such as “fixed rate” and “prime rate.”
Marquette National Bank v. First Omaha did away with the ability of states to regulate out of state credit card companies. That was the beginning of the end for the American consumer. I don’t think that the proposed bill goes far enough. I want blood from the bloodsuckers.
One last thing, “The number of first-time jobless claims rose by to 640,000 last week and continuing claims are again at the highest level on record, the U.S. Labor Department said in its weekly report on Thursday” and continuing claims also set another new record at over 6,000,000, more than double last year’s rate at this time. That’d be a 100% increase.
So don’t get too down on yourself if you get laid off as you got lots of company.
GET OUTSIDE EVERYDAY!!
I was out walking and I saw some deer out feeding in last year’s corn field. I wanted to walk closer to them to see if I could get a better picture. I had the dog with me and he isn’t as patient as I am. I was able to walk maybe within 100 feet of them.
Can you see her? You may have to click on the pic to expand it. So I’m trying to walk slowly, take a few steps and stop, take a few more steps and stop. There’s no cover for me so I’m not too hidden, just moving slowly and trying to appear uninterested in them. How would that be for a shot!!?! Oooo, I love venison. I know she’s probably too small.