| StockFetcher Forums · General Discussion · POLITICS GOES HERE | << 1 ... 39 40 41 42 43 ... 76 >>Post Follow-up |
| machismo 115 posts msg #97548 - Ignore machismo |
11/18/2010 12:45:59 PM Here are some views of people and spending. "A new Wall Street Journal/NBC News poll shows Americans skeptical of deficit-cutting proposals laid out by the chairmen of a commission appointed by the White House. In the survey, 57% of respondents said they were uncomfortable with gradually raising the Social Security retirement age to 69 over the next 60 years. Some 41% said they were somewhat or very comfortable with the idea. Roughly 70% were uncomfortable with making cuts to programs such as Medicare, Social Security and defense in order to reduce the deficit, with 27% saying they were comfortable. " http://online.wsj.com/article/SB10001424052748703688704575620891838063332.html#articleTabs%3Darticle |
| Mactheriverrat 3,172 posts msg #97557 - Ignore Mactheriverrat |
11/19/2010 7:53:16 AM They were screaming "YES WE CAN" but the facts are "NO THE HAVEN'T". |
| TheRumpledOne 6,529 posts msg #97562 - Ignore TheRumpledOne |
11/19/2010 1:49:11 PM Way too funny... http://naturalnews.tv/v.asp?v=2728901EDF2CEAE4C0445F00DA3C3F43 |
| TheRumpledOne 6,529 posts msg #97627 - Ignore TheRumpledOne |
11/26/2010 5:50:15 PM YOU HAVE TO SEE THIS!! http://www.youtube.com/watch?v=Fyq7WRr_GPg&feature=player_embedded |
| taylorsk 106 posts msg #97637 - Ignore taylorsk |
11/27/2010 1:18:42 PM Anyone senseing a replay of the US financial crisis in Europe? They saved Bear Stearns, but let Lehman fail. Looks like they might save Ireland, but can they also save Spain,or whomever else? I have a feeling like the US, history will repeat itself and they will force someone to fail and that will bring the whole thing down before it can rise again. st |
| all4juan 20 posts msg #97641 - Ignore all4juan |
11/27/2010 7:38:50 PM They should be allowed to fail, if you can't run a fiscal responsible country or business then get out. |
| TheRumpledOne 6,529 posts msg #97655 - Ignore TheRumpledOne |
11/28/2010 11:20:25 AM Do you realize how much money is being made on the volatility? Perhaps that is the REAL REASON the CFTC lowered leverage from 100:1 to 50:1 and want to lower it even more!! |
| TheRumpledOne 6,529 posts msg #97670 - Ignore TheRumpledOne |
11/29/2010 8:50:27 AM In my inbox today: Bailout Mafia When thinking of the Ireland bailout last Friday I wondered just “who,” or which companies, were getting bailed out. When the average person thinks of a “bondholder” he thinks of an individual; however, when it comes to the bondholders of these large banks they are often other banksters. So I had a thought: wouldn’t it be interesting to read the exact names of the bondholders who are once again fleecing the average citizen of a country? Would these be the same names of those who received hundreds of BILLIONS of dollars in U.S. bailout-bucks? If so, we should call this group The Bailout Mafia because clearly they will get theirs before anyone else. Moreover, people seem to be afraid to stand up to them. Because of the large research arm over at the ZeroHedge website, I thought I would contact Tyler about this idea. He responded immediately that it was a good idea to revisit this issue and re-released an earlier post. He told me to forward the list of the Bailout Mafia (my term) to you all. Once you read the list, with your prior knowledge of the financial abuse, you will get sick – or angry – or both. Guido Fawkes, who managed to obtain the Anglo Irish bondholder list, shares the following commentary: Anglo-Irish Bank did not represent a systemic risk to the Irish economy, it wasn’t a high street bank like AIB or the Bank of Ireland. If it had been allowed to go the way of Lehmans the only losers would have been shareholders and bondholders. The Irish state stepped in and nationalised a bank that was basically run by crooks lending to property speculators. The Irish people are taking losses that should rightly have been shouldered by bondholders. Every child in Ireland is being bequeathed a huge debt at birth to protect the interests of foreign, mainly German, bondholders – why? Guido was once a bond trader, it was always understood that sometimes the bond issuer defaults. That is the risk investors take. So why is Dublin’s political establishment so keen to protect foreign investors at the expense of future generations? Guido has obtained the list of foreign Anglo-Irish bondholders as at the close of business tonight. These are the people whom Dublin’s politicians really seem to care about. Between them they hold Anglo-Irish bonds with a face-value of €4,034,756,880. Shouldn’t they take the hit rather than future generations of Irish taxpayers? Capitalism is a system of profit and loss, they took the risk of investing in Anglo-Irish Bank. Is the Irish government under pressure from the European Central Bank in Frankfurt to protect German investors? Click here to read http://www.zerohedge.com/sites/default/files/images/user5/imageroot/shirakawa/Goldman%20Sachs%20AIB.jpg Among those being favored at the expense of the Irish people, those that took the risk are (among others) The Rothschilds and Goldman Sachs! The people of Ireland, unlike those in the USA, will not take this lightly. Last Saturday a hastily put together protest rally started with 10,000 people, and then swelled to roughly 150,000. An oft heard complaint at the rally was "What hurts me the most is why is the taxpayer paying for the IMF. Why are we bailing out the banks? These are the people who took the risk, let them take the hurt, let them feel the hurt." Of course the Bailout Mafia doesn’t give a damn; it just wants its 100% risk less “investment” funds back. “To hell with sovereignty; to hell with ‘risk;’ to hell with democracy; to hell with the taxpayer; we just want our money back. You can’t expect us to lose even one cent – can you?” Instead, the people of Ireland should tell the Bailout Mafia to go hell like the people of Iceland did. In Bloomberg we read “Iceland’s President Olafur R. Grimsson said his country is better off than Ireland thanks to the government’s decision to allow the banks to fail two years ago and because the krona could be devalued. “The difference is that in Iceland we allowed the banks to fail,” Grimsson said in an interview with Bloomberg Television’s Mark Barton today. “These were private banks and we didn’t pump money into them in order to keep them going; the state did not shoulder the responsibility of the failed private banks.” “How far can we ask ordinary people -- farmers and fishermen and teachers and doctors and nurses -- to shoulder the responsibility of failed private banks,” said Grimsson. “That question, which has been at the core of the Icesave issue, will now be the burning issue in many European countries.” Trade well and follow the trend, not the so-called “experts.” Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banksters. Larry Levin |
| TheRumpledOne 6,529 posts msg #97672 - Ignore TheRumpledOne |
11/29/2010 2:42:41 PM Are Stocks a Sucker's Bet?: Opinion http://finance.yahoo.com/news/Are-Stocks-a-Suckers-Bet-tsmf-3288136075.html?x=0&sec=topStories&pos=8&asset=&ccode= |
| TheRumpledOne 6,529 posts msg #97679 - Ignore TheRumpledOne |
11/30/2010 8:44:39 AM IN MY INBOX: Bailout Mafia - Part II After my recent post of just who are screwing the Irish people via the so-called “bailout” that include; UK banksters, German banksters, US banksters (including Goldman Sachs of course), French banksters and the Rothschild family among others (the Bailout Mafia), we have more news. The aforementioned banking scum have “negotiated” (read: demanded/threatened) that any talk of bondholders taking any loss whatsoever be removed from the “agreement” and in the general talk at the IMF and ECB. Prior to today German Chancellor Angela Merkel had promised her people and the world that they would indeed lose a portion of their gambling – but no longer. In November The Telegraph reported, “Bondholders will discover burden-sharing. Debt relief will be enforced, either by interest holidays or haircuts on the value of the bonds. Investors will pay the price for failing to grasp the mechanical and obvious point that currency unions do not eliminate risk: they switch it from exchange risk to default risk… “We must keep in mind the feelings of our people, who have a justified desire to see that private investors are also on the hook, and not just taxpayers,” said German Chancellor Angela Merkel.” Today Olli Rehn, who is the current European Commissioner for Economic & Financial Affairs and ostensibly the new overlord of Ireland said: NO. There will be NO haircuts on any of the funds going to the banksters! In an interview with RTÉ News, Commissioner Rehn said he did not want to involve himself in democratic politics in Ireland but he did by warning “They are key parts of the programme so I would not advise re-opening these.” In other words, Mr. Rehn is now telling the people of Ireland to not install a new government and NOT do what is best for them, but listen to him --- an unelected political hack from the European Commission. Are you kidding me? What are the “key parts” of the program that Olli doesn’t want renegotiated? Hmm, let me take a guess: pension money. From what I can discern from the so-called agreement, the country of Ireland is being forced to put up the private pension funds of its private citizens to make FOREIGN banksters whole on their own bad investments. Moreover, this proclamation also warned that any other European country in need of a bailout will also be looted – in total – of its entire private pension funds in favor of the banking scum elite. Once the actual cash is all in the pockets of the Goldman Sachs’ of the world, the self-imposed Euro rulers will allow individual countries in 2013 – ONLY THEN – to default on its debt if needed. Why would the self-imposed Euro rulers make such a statement? My only guess is that they believe by 2013 the banking elite will have literally stolen all of the assets of these countries that are worth stealing. I say “self-imposed Euro rulers” for a reason: unelected hacks in Brussels are now telling SOVEREIGN NATIONS what to do. Please watch the following where politician Nigel Farage asks, “Just who the hell do you people think you are?” click here to watch http://www.youtube.com/watch?v=2gm9q8uabTs In the end Mr. Farage says “But it’s even more serious than economics, because if you rob people of their identity, if you rob them of their democracy, then all they are left with is nationalism and violence. I can only hope and pray that the euro project is destroyed by the markets before that.” If the government/banking Kleptocracy continues in this fashion, Mr. Farage will be correct: nationalism and violence will reign. Someone MUST tell the banksters to go to hell and eat their own cooking, rather than allowing them to steal from the citizenry of multiple nations. Let’s be honest folks – the laws of finance do not stop at the shores of the United States. The USA is as insolvent as any industrialized nation out there, except we have the world’s reserve currency, which allows our Ponzi scheme to continue the longest. The day of reckoning, however, will come. It must. The Madness of a Lost Society shows how people react to save a few bucks. Can you imagine what would happen if the Ireland situation occurred here; if pensions were stolen to hand to the banksters; when the action of the banksters (including those running central banks) runs inflation into double digit territory? Hopefully Skating with the (b-list) Stars is popular by then. Bread & Circuses, baby! Watch This:[ “…blind, wonton, stupidity…”] http://www.youtube.com/watch?v=fOshw4kIGR4 Trade well and follow the trend, not the so-called “experts.” Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banksters. Larry Levin |
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