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A Real Stimulus -Tar and Feathers

While Obama and “Tax Cheat Timmy” Geithner roll out more solutions to float their financial predator buddies, there is only one solution. The financial predators that pillaged the system over the last few decades need to return their ill-gotten gains. They won’t do this voluntarily. They will do this only if given proper incentive:

financial-scum

February 27, 2009 Posted by | General | Leave a comment

The Greenspan Bubble – Get Out Now

Here is the bubble that is deflating, it was caused by Greenspan, Congress, Financial Wizards on Wall Street and every other predator that had their hand in the cheap money till. We are looking at a massive correction ahead, the reality is a Dow 2800. If you have money in the market, take it out, do not listen to the bobble head thieves on CNBC or anyone else who have only their own interests at stake and have no qualms whatsoever in causing poverty to come on your house. Do not listen to the Bull being spouted like “we are putting in a bottom”, “stocks are cheap here”, etc, etc.. You will be cleaned out if you take their advice. Go into cash and do it NOW.

The chart below illustrates where we are going (2800 Dow):

djia1960s1

February 25, 2009 Posted by | General | Leave a comment

Rick Santelli – Standing up to the Goon Squad

February 21, 2009 Posted by | Heroes | 1 Comment

Davos – Where the Vultures Meet to Pick the Bones of The United States

vultures1

The annual Davos meeting of the World Economic Forum is where the global government/financial elite meet to develop and further the global agenda. The global agenda is of course a thinly veiled plot to destroy the United States of America.

Pay attention to who the attendees are and the outright conflicts of interest between global business objectives and National Sovereignty. Those who have conflicts of interest with the industries they bailout. Its all quite maddening.

The WEF’s mission: “Committed to improving the state of the world.”

Of course all of our banking buddies will be in attendance: Bank of America – Merrill Lynch, Goldman Sachs, JPMorgan Chase & Co., Morgan Stanley, all the usual suspects. Guys like John Thain and “Bailout Barney” Frank all rub shoulders in the heavily guarded compound/resort of Davos breaking bread and hanging out while you get the official version of events on C-span broadcasting the theatre of Congress “grilling” bankers. Its all too obvious what is going on here. Davos is nothing but a global elite fraternity club with all the frat boys and gals laughing at the rest of us.

A few other notables with Davos credentials:

Timmy “Tax Cheat” Geithner
Larry Summers
Chris Dodd
Hillary Clinton

Alphabetical listing of Davos Contributors can be accessed here.

Wikipedia entry for World Economic Forum here.

January 24, 2009 Posted by | General | | Leave a comment

The Bailout is Theatre – Banks are 90-180 Trillion in the Hole

theatreGovernment sleight of hand is at work. We are all entrenched in taking sides, wringing our hands over a “bailout” of the banking system, words like “institution”, “toxic assets”, “mortgage relief” are being used and debated in the halls of Congress and plastered all over the collective media.

What they are not telling you is that it is all theatre. There is no way the US Government can “bailout” the financial system.

Like the unpopular war in Iraq, the discussion always focuses on the diversions, things like “surge”, “terrorists”, the basic principle of unjust war is never publicly debated, it’s just buried in the mundane logistics of a war. So it goes with the financial terror being unleashed, we will all acquiesce to a solution that is ill-conceived, faulty and most likely criminal. Bernie Madoff is a piker when you compare him to the ponzi scheme the banking elite have have been perpetrating for the last decade. So the politicians won’t focus on if a bailout is just or right or even has the possibility of being effective, they are just going to bankrupt the United States of America. And they do this with their eyes wide open. They are not stupid, blind or naive, they are simply so utterly corrupt that that they don’t even have a concept of right and wrong anymore.

According to The Office of the Comptroller of the Currency, here are the numbers:

The notional value of derivatives held by U.S. commercial banks increased $14.7 trillion, or 9 percent, to
$180.3 trillion in the first quarter of 2008.

Thats 180.3 Trillion dollars that degenerate gambler-bankers have out on the street in mostly bad bets.

Do you now see why a “bailout” consisting of 800 or 900 billion or even a few trillion dollars is nothing but theatre?

[PDF] OCC’s Quarterly Report on Bank Trading and Derivatives Activities

January 21, 2009 Posted by | General | | Leave a comment

Post-America Fareed Zakaria – Frenemy of The State

fareedTune into CNN to watch propaganda puppet Fareed Zakaria barrel the collective mindset into embracing and accepting the notion that borders don’t matter, US sovereignty is a quaint notion from the past and all of his globalist buddies are the smartest guys on the planet.

Fareed has authored The Post-American World and is a strong advocate of “Global Rules”, he has had guests on his show that advocate for global elections for the President of The United States. The reasoning behind this is that US foreign policy affects everyone on the planet, so logically, every citizen on the globe should have a say in our elected offices.

Truly a nut job with a significant audience, this man is a danger to our country.

January 17, 2009 Posted by | General | | Leave a comment

Obama Youth

428px-hitler_jugend

Rahm Emanuel:

“Citizenship is not an entitlement program.”

Barack Obama:

“We’ve got to have a Civilian National Security Force”.

Adolf Hitler:

“He alone, who owns the youth, gains the future.”

January 4, 2009 Posted by | General | | 2 Comments

Vote these Bailout Bandits Out of Office

A list of Congressman who voted in favor of “bailout”.

Yays

Abercrombie [D-HI] Foster [D-IL] Pallone [D-NJ]
Ackerman [D-NY] Frank [D-MA] Pascrell [D-NJ]
Alexander [R-LA] Frelinghuysen[R-NJ] Pastor [D-AZ]
Allen [D-ME] Gerlach [R-PA] Pelosi [D-CA]
Andrews [D-NJ] Giffords [D-AZ] Perlmutter [D-CO]
Arcuri [D-NY] Gilchrest [R-MD] Peterson [R-PA]
Baca [D-CA] Gonzalez [D-TX] Pickering [R-MS]
Bachus [R-AL] Gordon [D-TN] Pomeroy [D-ND]
Baird [D-WA] Granger [R-TX] Porter [R-NV]
Baldwin [D-WI] Green, Al [D-TX] Price [D-NC]
Barrett [R-SC] Gutierrez [D-IL] Pryce [R-OH]
Bean [D-IL] Hall [D-NY] Putnam [R-FL]
Berkley [D-NV] Hare [D-IL] Radanovich [R-CA]
Berman [D-CA] Harman [D-CA] Rahall [D-WV]
Berry [D-AR] Hastings [D-FL] Ramstad [R-MN]
Biggert [R-IL] Herger [R-CA] Rangel [D-NY]
Bishop [D-GA] Higgins [D-NY] Regula [R-OH]
Bishop [D-NY] Hinojosa [D-TX] Reyes [D-TX]
Blunt [R-MO] Hirono [D-HI] Reynolds [R-NY]
Boehner [R-OH] Hobson [R-OH] Richardson [D-CA]
Bonner [R-AL] Hoekstra [R-MI] Rogers [R-AL]
Bono Mack [R-CA] Holt [D-NJ] Rogers [R-KY]
Boozman [R-AR] Honda [D-CA] Ros-Lehtinen [R-FL]
Boren [D-OK] Hooley [D-OR] Ross [D-AR]
Boswell [D-IA] Hoyer [D-MD] Ruppersberger [D-MD]
Boucher [D-VA] Inglis [R-SC] Rush [D-IL]
Boustany [R-LA] Israel [D-NY] Ryan [D-OH]
Boyd [D-FL] Jackson [D-IL] Ryan [R-WI]
Brady [R-PA] Jackson-Lee [D-TX] Sarbanes [D-MD]
Brady Kevin [R-TX] Johnson, E. B. [D-TX] Saxton [R-NJ]
Braley [D-IA] Kanjorski [D-PA] Schakowsky [D-IL]
Brown [R-SC] Kennedy [D-RI] Schiff [D-CA]
Brown, Corrine [D-FL] Kildee [D-MI] Schmidt [R-OH]
Buchanan [R-FL] Kilpatrick [D-MI] Schwartz [D-PA]
Calvert [R-CA] Kind [D-WI] Scott [D-GA]
Camp [R-MI] King [R-NY] Sessions [R-TX]
Campbell [R-CA] Kirk [R-IL] Sestak [D-PA]
Cannon [R-UT] Klein [D-FL] Shadegg [R-AZ]
Cantor [R-VA] Kline [R-MN] Shays [R-CT]
Capps [D-CA] Knollenberg [R-MI] Shuster [R-PA]
Capuano [D-MA] Kuhl [R-NY] Simpson [R-ID]
Cardoza [D-CA] LaHood [R-IL] Sires [D-NJ]
Carnahan [D-MO] Langevin [D-RI] Skelton [D-MO]
Carson [D-IN] Larsen [D-WA] Slaughter [D-NY]
Castle [R-DE] Larson [D-CT] Smith [R-TX]
Clarke [D-NY] Lee [D-CA] Smith [D-WA]
Cleaver [D-MO] Levin [D-MI] Snyder [D-AR]
Clyburn [D-SC] Lewis [R-CA] Solis [D-CA]
Coble [R-NC] Lewis [D-GA] Souder [R-IN]
Cohen [D-TN] Lewis [R-KY] Space [D-OH]
Cole [R-OK] Loebsack [D-IA] Speier [D-CA]
Conaway [R-TX] Lofgren [D-CA] Spratt [D-SC]
Cooper [D-TN] Lowey [D-NY] Sullivan [R-OK]
Costa [D-CA] Lungren [R-CA] Sutton [D-OH]
Cramer [D-AL] Mahoney [D-FL] Tancredo [R-CO]
Crenshaw [R-FL] Maloney [D-NY] Tanner [D-TN]
Crowley [D-NY] Markey [D-MA] Tauscher [D-CA]
Cubin [R-WY] Marshall [D-GA] Terry [R-NE]
Cuellar [D-TX] Matsui [D-CA] Thompson [D-CA]
Cummings [D-MD] McCarthy [D-NY] Thornberry [R-TX]
Davis [D-AL] McCollum [D-MN] Tiberi [R-OH]
Davis [D-CA] McCrery [R-LA] Tierney [D-MA]
Davis [D-IL] McGovern [D-MA] Towns [D-NY]
Davis, Tom [R-VA] McHugh [R-NY] Tsongas [D-MA]
DeGette [D-CO] McKeon [R-CA] Upton [R-MI]
DeLauro [D-CT] McNerney [D-CA] Van Hollen [D-MD]
Dent [R-PA] McNulty [D-NY] Velázquez- [D-NY]
Dicks [D-WA] Meek [D-FL] Walden [R-OR]
Dingell [D-MI] Meeks [D-NY] Walsh [R-NY]
Donnelly [D-IN] Melancon [D-LA] Wamp [R-TN]
Doyle [D-PA] Miller [D-NC] Wasserman Schultz [D-FL]
Dreier [R-CA] Miller, Gary [R-CA] Waters [D-CA]
Edwards [D-MD] Miller, George [D-CA] Watson[D-CA]
Edwards [D-TX] Mitchell [D-AZ] Watt [D-NC]
Ehlers [R-MI] Mollohan [D-WV] Waxman [D-CA]
Ellison [D-MN] Moore [D-KS] Weiner [D-NY]
Ellsworth [D-IN] Moore [D-WI] Welch [D-VT]
Emanuel [D-IL] Moran [D-VA] Weldon [R-FL]
Emerson [R-MO] Murphy [D-CT] Weller [R-IL]
Engel [D-NY] Murphy, Patrick [D-PA] Wexler [D-FL]
Eshoo [D-CA] Murtha [D-PA] Wilson [R-NM]
Etheridge [D-NC] Myrick [R-NC] Wilson [D-OH]
Everett [R-AL] Nadler [D-NY] Wilson [R-SC]
Fallin [R-OK] Neal [D-MA] Wolf [R-VA]
Farr [D-CA] Oberstar [D-MN] Woolsey [D-CA]
Fattah [D-PA] Obey [D-WI] Wu [D-OR]
Ferguson [R-NJ] Olver [D-MA] Yarmuth [D-KY]
Fossella [R-NY] Ortiz [D-TX]

October 8, 2008 Posted by | Socialists | | 1 Comment

Support These Congressman – They voted no to Bailout Scam

Nays

Thank you ladies and gentlemen for standing up to Wall Street predators.

Aderholt [R-AL] Gohmert [R-TX] Moran [R-KS]
Akin [R-MO] Goode [R-VA] Murphy, Tim [D-PA]
Altmire [D-PA] Goodlatte [R-VA] Musgrave [R-CO]
Bachmann [R-MN] Graves [R-MO] Napolitano [D-CA]
Barrow [D-GA] Green, Gene [D-TX] Neugebauer [R-TX]
Bartlett [R-MD] Grijalva [D-AZ] Nunes [R-CA]
Barton [R-TX] Hall [R-TX] Paul [R-TX]
Becerra [D-CA] Hastings [R-WA] Payne [D-NJ]
Bilbray [R-CA] Hayes [R-NC] Pearce [R-NM]
Bilirakis [R-FL] Heller [R-NV] Pence [R-IN]
Bishop [R-UT] Hensarling [R-TX] Peterson [D-MN]
Blackburn [R-TN] Herseth Sandlin [D-SD] Petri [R-WI]
Blumenauer [D-OR] Hill [D-IN] Pitts [R-PA]
Boyda [D-KS] Hinchey [D-NY] Platts [R-PA]
Broun [R-GA] Hodes [D-NH] Poe [R-TX]
Brown-Waite [R-FL] Holden [D-PA] Price [R-GA]
Burgess [R-TX] Hulshof [R-MO] Rehberg [R-MT]
Burton [R-IN] Hunter [R-CA] Reichert [R-WA]
Butterfield [D-NC] Inslee [D-WA] Renzi [R-AZ]
Buyer [R-IN] Issa [R-CA] Rodriguez [D-TX]
Capito [R-WV] Jefferson [D-LA] Rogers [R-MI]
Carney [D-PA] Johnson [D-GA] Rohrabacher [R-CA]
Carter [R-TX] Johnson [R-IL] Roskam [R-IL]
Castor [D-FL] Johnson, Sam [R-TX] Rothman [D-NJ]
Cazayoux [D-LA] Jones [R-NC] Roybal-Allard [D-CA]
Chabot [R-OH] Jordan [R-OH] Royce [R-CA]
Chandler [D-KY] Kagen [D-WI] Salazar [D-CO]
Childers [D-MS] Kaptur [D-OH] Sali [R-ID]
Clay [D-MO] Keller [R-FL] Sánchez, Linda T. [D-CA]
Conyers [D-MI] King [R-IA] Sanchez, Loretta [D-CA]
Costello [D-IL] Kingston [R-GA] Scalise [R-LA]
Courtney [D-CT] Kucinich [D-OH] Scott [D-VA]
Culberson [R-TX] Lamborn [R-CO] Sensenbrenner [R-WI]
Davis [R-KY] Lampson [D-TX] Serrano [D-NY]
Davis, David [R-TN] Latham [R-IA] Shea-Porter [D-NH]
Davis, Lincoln [D-TN] LaTourette [R-OH] Sherman [D-CA]
Deal [R-GA] Latta [R-OH] Shimkus [R-IL]
DeFazio [D-OR] Linder [R-GA] Shuler [D-NC]
Delahunt [D-MA] Lipinski [D-IL] Smith [R-NE]
Diaz-Balart, L. [R-FL] LoBiondo [R-NJ] Smith [R-NJ]
Diaz-Balart, M. [R-FL] Lucas [R-OK] Stark [D-CA]
Doggett [D-TX] Lynch [D-MA] Stearns [R-FL]
Doolittle [R-CA] Mack [R-FL] Stupak [D-MI]
Drake [R-VA] Manzullo [R-IL] Taylor [D-MS]
Duncan [R-TN] Marchant [R-TX] Thompson [D-MS]
English [R-PA] Matheson [D-UT] Tiahrt [R-KS]
Feeney [R-FL] McCarthy [R-CA] Turner [R-OH]
Filner [D-CA] McCaul [R-TX] Udall [D-CO]
Flake [R-AZ] McCotter [R-MI] Udall [D-NM]
Forbes [R-VA] McDermott [D-WA] Visclosky [D-IN]
Fortenberry [R-NE] McHenry [R-NC] Walberg [R-MI]
Foxx [R-NC] McIntyre [D-NC] Walz [D-MN]
Franks [R-AZ] McMorris Rodgers [R-WA] Westmoreland [R-GA]
Gallegly [R-CA] Mica [R-FL] Whitfield [R-KY]
Garrett [R-NJ] Michaud [D-ME] Wittman [R-VA]
Gillibrand [D-NY] Miller [R-FL] Young [R-AK]
Gingrey [R-GA] Miller [R-MI] Young [R-FL]

October 8, 2008 Posted by | Heroes | , , | Leave a comment

Nothing to Bailout – Its all Fraud

Watch the talking heads and government officials use terms like “complicated” to describe the “toxic assets” you are paying for and you probably do what they they want you to do, just shake your head and turn the channel. What they aren’t telling you is that these so-called “complex financial derivatives” are just pieces of paper that have the same value as a Walmart receipt.

Heres the setup:

Bank A borrowed from Bank B.

Bank B bought insurance from Bank C to guarantee their loan to Bank A.

Bank C now guarantees the loan, in case Bank A defaults, Bank C pays off Bank B.

Read it again if you didn’t get it, its not that complex.

Now for the scam (what they are not telling you):

Anyone, including you and me could have bought the very same insurance whether we loaned the money or not. Think like this: You buy a life insurance policy on your 90 year-old next door neighbor (1 million dollars to you when he dies), he doesn’t know it and you are the beneficiary of the policy, this is probably not legal or kosher but the laws are only for us peons, not the Wall Street Wizards. Now you tell 20 friends how bright you are, that it is a sure-fire investment as the old neighbor will certainly die before you do. They all pile in and buy the same policy. Your neighbor dies. You and your 20 friends rejoice and send in the claims, thats 21 million dollars you just collectively won on what amounts to a sucker bet. You can see how quickly the insurance company might be facing a “liquidity crisis” once everyone caught on and started playing.

That is what “mortgage based derivatives” are all about. That is what they are not telling you. Banks, hedge funds, insurance companies, pension funds were all gambling on the demise of others. The problem is it is just like a game of musical chairs, when the music stops, some don’t get a chair and are forced out of the game. We’ve already seen a few big “financial institutions” go bankrupt, no chairs for them. You see, no one can possibly pay for all the “winnings”, they are welshing on their bets.

So now King Henry Paulson is busy in the Government wood shop hastily trying to build chairs for some of the lucky few who still don’t have a chair but are so pathetic and greedy that they are demanding one courtesy of the taxpayer.

That is the scam folks, that is why banks don’t trust each other, that is why the credit market is seized.

No one politically will come out and say the banks have been playing high stakes poker and lost, the status quo will be maintained in the interest of keeping “confidence in the system”.

There is only one problem. Hank Paulson can’t possibly build enough enough chairs for all the financial predators out there who are caught in their own trap. The market will have its way. Those with cooked books, who refuse to come clean will go under, those who ran a tight ship will stay afloat.

There is nothing to bailout, Paulson can’t cover all the bad bets out there, he does have enough funds available to orchestrate an orderly stock market melt down, but not near enough to prevent a meltdown.

Its all a scam.

October 8, 2008 Posted by | General | , | Leave a comment