Google Buys Digital Historical Newspaper Archives [Searchenginewatch.com]
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Just in case you need confirmation for what your bank account already knows. A recession has been declared [Washington Post]by the old rich white guys, who cant fix the economy.
Bush 2008
Dave Ramsey
Dave Ramsey might have common sense when it comes to saving money. Come on just because your not broke doesn't mean your a financial economist. Or ignore common sense things like, inflation, unemployment (Including those who have stopped looking). Perspective, how about come out of your ivory tower and see that people have been hurting for years. How did those mortgage backed securities work? Why are you not screaming "We are not in a recession" now. Ramsey is part of the religious right, that votes on what his church says. A recession is a statistical measure of growth or lack their of. The only problem is if you tools to measure an economy are not reliable and valid. The stock market is NOT THE ECONOMY. People are. O and good call on the housing market. Talk that shit now.
Showing posts with label President George W. Bush. Show all posts
Showing posts with label President George W. Bush. Show all posts
Tuesday, December 2, 2008
Tuesday, October 21, 2008
Thursday, October 9, 2008
Pot meet Kettle
China doesn't believe in using torture as a punishment. [MSNBC]
What! Now the administration is worried about torture, of enemy combatants. Pot meet Kettle, kettle meet Pot.
"China on Thursday rejected concerns that it would torture Chinese Muslims held by the U.S. military at Guantanamo Bay if they are returned to China, saying they will be dealt with according to the law.China has called on the U.S. to repatriate 17 Chinese Muslim detainees who were to have been released this week, saying they are terrorists and should be brought to justice, Foreign Ministry spokesman Qin Gang told a news conference.
President Bush's administration is trying to find a country to accept the group and has said the detainees might be tortured if they are turned over to China.On Wednesday, the U.S. Court of Appeals for the D.C. Circuit said it would postpone release of the detainees for at least another week due to objections by the Bush administration."
What! Now the administration is worried about torture, of enemy combatants. Pot meet Kettle, kettle meet Pot.
Tuesday, April 29, 2008
Premier BUSH
If there was a magic wand, Bush would have given it to Halliburton.
“If there was a magic wand to wave, I’d be waving it, of course,” he told reporters at a Rose Garden news conference called on short notice. “But there is no magic wand to wave right now. It took us a while to get to this fix.”(MSNBC)
George Bush
This is the pinnacle of Executive branch arrogance, not once in this entire speech did President Semi-elect George Walker Bush. It is the congresses fault since they have encouraged war in Iraq to track Bin Laden, or was that sadam who knocked down the World Trade Center. You seem to have all these ideas, that encourage tax cuts. How do tax cuts pay for a multi-trillion dollar war? Not one analyst could explain that simple concept to me. But going into additional debt as a county is the answer in $600 tax refunds. It sounds like a lot now, but it isn't when consumers calculate their lost value during this administration. Housing values have plummeted alot more than $6.00, the price of gas has increased from about $1.34 to damn near $4.00 in less than 8 years. That $600 dollars is not nearly enough to compensate every citizen who footed the bill for the American elite tax cuts and the disastrous effects it along with a war with no direction has cost our country. Our grandchildren will be looking in the history book wondering how this could possibly happen to a nation of sensible people.
Link:
Pace of foreclosures more than doubles from same quarter in 2007
Housing prices drop at fastest pace ever: Standard & Poor’s/Case-Shiller index off 12.7 percent in Feb.
$600 dollars does not cover a 12.7 percent drop, much less in one month. Sheesh wake up people, pull the wool off of your eyes.
“If there was a magic wand to wave, I’d be waving it, of course,” he told reporters at a Rose Garden news conference called on short notice. “But there is no magic wand to wave right now. It took us a while to get to this fix.”(MSNBC)
George Bush
This is the pinnacle of Executive branch arrogance, not once in this entire speech did President Semi-elect George Walker Bush. It is the congresses fault since they have encouraged war in Iraq to track Bin Laden, or was that sadam who knocked down the World Trade Center. You seem to have all these ideas, that encourage tax cuts. How do tax cuts pay for a multi-trillion dollar war? Not one analyst could explain that simple concept to me. But going into additional debt as a county is the answer in $600 tax refunds. It sounds like a lot now, but it isn't when consumers calculate their lost value during this administration. Housing values have plummeted alot more than $6.00, the price of gas has increased from about $1.34 to damn near $4.00 in less than 8 years. That $600 dollars is not nearly enough to compensate every citizen who footed the bill for the American elite tax cuts and the disastrous effects it along with a war with no direction has cost our country. Our grandchildren will be looking in the history book wondering how this could possibly happen to a nation of sensible people.
Link:
Pace of foreclosures more than doubles from same quarter in 2007
Housing prices drop at fastest pace ever: Standard & Poor’s/Case-Shiller index off 12.7 percent in Feb.
$600 dollars does not cover a 12.7 percent drop, much less in one month. Sheesh wake up people, pull the wool off of your eyes.
Tuesday, March 18, 2008
Jim Cramer is not Crazy smart, just CRAZY!!!!!!
Just a couple weeks ago, the investment banking company was worth $62.69 per share - $100.00 per share for their stock holders. The next couple days would become a pattern the American public is growing to comfortable in seeing. This story has all the makings of a hit movie with lies and deceit and broken lives. Once again the victims are all the hardworking American families just looking for that sure bet. Or a gamble on the advice of you favorite television personality. On February 20th 2008 Bear Stearns Chairman James Cayne declared that he owned 4.79 percent of Bear Stearns in the form(reuters) of 7.01 million shares the equivalent at the time a share was worth about $95 per share. That would be $665,950,000.
BSC (Yahoo Finance)Just a day before (2/19) Chairman went bragging about the size of wallet, Bear Stearns Equity group purchased an Australian base investment firm called Macquarie Private for $116,000,000 cash (The Age.au)
On March 10th the president of Bear Stearns advised stockholders that it was such a strong stock.
"Bear Stearns (NYSE:BSC) Cos. late Monday issued a statement denying 'market rumors' about the firm's liquidity.
The New York-based financial services firm said 'there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.'
'Bear Stearns' balance sheet, liquidity and capital remain strong,' said Alan Schwartz, president and chief executive.
The company's shares closed at $62.50, down 11%."(CNN Money)
On March 11 the genius that is Jim Cramer had some answers for JIM
Dear Jim: Should I be worried about Bear Stearns
Bear Stearns Co Inc BSC 4.81 -25.19 -83.97% NYSE
[BSC 4.81 -25.19 (-83.97%) ] in terms of liquidity and get my money out of there? --Peter
Cramer says: “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”(CNBC Jim Cramer)
On one note, he was right, they were taken over. At 2.00 dollars a share by JP Morgan.
No worries though, how was Cramer supposed to know, its not like the SEC (Not the Football conference) thought anything was wrong. They let Bear Stearns accumulate more debt just a day later.
"On March 12 Bear Stearns purchased 15% the Canadian based securities company Tembec at $15.04."(North Bay Nugget)
That is $225,600,000. They can't be broke, is anyone monitoring these imaginary exchange of money that doesn't exist.
On Friday Bear Sterns admitted that they lied this whole time and need a lot of money, a lot of money, 15 billion dollars worth. That is 9 zeros after the 15, to bail out their board, and screw their investors. Forbes.com reports
BAILOUT: JPMorgan Chase will lend Bear Stearns money for 28 days, with a backup guarantee from the Federal Reserve Bank of New York. No one has disclosed how large the financing is.
NO CASH: Bear Stearns (nyse: BSC - news - people ) says it ran into problems within 24 hours amid a spike in demand from people trying to get their cash out of the firm. Earlier in the week Bear denied rampant market speculation that it had cash problems.
PLUNGING VALUE: As of midday Friday, Bear Stearns had lost more than $5 billion in market value and was trading at its lowest point in nine and a half years. The company said it hired Lazard (nyse: LAZ - news - people ) to help it explore alternatives.(Forbes.com)
I guess the Federal Reserve felt bad with their assumed made up power that Bear Stearns should get 100% help vs the million of consumers with bad credit should get $600 to help cushion the value homeowners lost in the preceding months. Mind you that this super loan helps the Bear Stearns chairman recover his 600,000,000 million lost since his stock is no longer worth $665,950,000 but a meager $14,020,000. Why doesn't the Fed help consumers, o yeah because their not rich(Bunch of Suckers!).
In Three days the headlines changed from:
Bear Stearns to Launch First Actively Managed ETF. March 10 sounds promising
Is Bear Stearns Doomed? March 13 Nooooooooooooooooooo!Bear Stearns Calls for Bailout March 14 "Really why would they lie to me this whole time"Bear Stearns Calls for Bailout March 14
:( boo fed reserve, get rid of the fed reserve or get really really rich.
If you still feel like listening to the stream of garbage that comes out of the presidents mouth, you can listen to his speech at the New York Economic club. Bush thinks that more tax cuts to rich people is the answer. How do we get out of debt by creating more, war, tax cuts, corporate bailouts? Pisssssssh its not possible, we are going to be broke for a long time.
The Economic Envy of the world, you champion the free market and yet you don't believe in it?
This ain't the first time, your track record is looking a lot worst then i remember. How can anyone vote for someone who wants to continue this economic policy. The only reason our economy bounced back, is because we have been using credit to buy everything since the start of your Rule. Just watch the first 5 minutes and you will understand what I am talking about. Stop pissing on me and calling it rain. that is all this speech is.
part 2,blah blah blah blah
Here is a logical assessment I found on the internet.
Tuesday, December 4, 2007
THUG IS NEVER HAVING TO SAY YOUR SORRY
IRAN DOES NOT HAVE NUKES! President Bush held a press conference today to address his statements earlier in the month, that Iran can lead to WWIII.
Does anyone notice that he never says he was wrong, or that the president only takes two questions from reporters? The rest of the press conference was him posing and answering his own questions. He sounds so sad that he has to be diplomatic, that is Gangsta!
links
NASA throws away $1,500,000,000
Some really cool archaeological finds
Dinosaur Mummy found in South Dakota
-Prehistoric sea ‘monster’ discovered
Remains of reptile measuring 40 feet long might be a new species
If all else fails build a prison(You wanna watch this video)
These women are going to do big things for the world
Good readings.
Does anyone notice that he never says he was wrong, or that the president only takes two questions from reporters? The rest of the press conference was him posing and answering his own questions. He sounds so sad that he has to be diplomatic, that is Gangsta!
links
NASA throws away $1,500,000,000
Some really cool archaeological finds
Dinosaur Mummy found in South Dakota
-Prehistoric sea ‘monster’ discovered
Remains of reptile measuring 40 feet long might be a new species
If all else fails build a prison(You wanna watch this video)
These women are going to do big things for the world
Good readings.
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