Posted on 16 September 2008 by Charley James | Comments (0) | Tags: $50-billion, 1948, an accessory after the fact, bailed out, Bank of America, Banks and financial markets became so deregulated that, Bear Stearns, Bill Clinton, Bill of Rights, Charley James, criminal that his secretary pays a higher tax rate than, cut back programs to help those most affected, Cut taxes even more for the wealthy, democratic party, filed for Chapter 11 bankruptcy protection, Freddie and Fannie, George Bush, home owners, Is The End Near, Lehman, liquidation is almost a certainty, McCain, Merrill Lynch, Milwaukee, Obama-Biden ticket to begin screaming from the rooftops, people easily duped, Poorest Rich Nation On Earth, Repent! The End Is Near, Republican answer, Republican-controlled Congress, rescued by the Fed, Ronald Reagan, small businesses, stave off the worst economic crisis in 80 years< Rea, tax code that rewards hoarding, they want you to vote for them so they can steal even m, they’re stealing from you, touting his tax cutting bilge, Truman, Wall Street, Warren Buffet, yawning gap between have’s and have-nots, your children’s future, your life, your wallet, “bargain” price
by Charley James
When I was a kid in Milwaukee, there was a guy who walked up and down Wisconsin Ave., the main drag, wearing a sandwich board proclaiming, “Repent! The End Is Near.”
Of course, he meant his warning in a “come to Jesus now” sort of way. But if the fellow is still alive, I [...]
Posted on 15 September 2008 by Denis Campbell | Comments (0) | Tags: 9-figure earning fund managers and bankers, AIG, bank stocks have fallen 20%, bankruptcy, Barclays, behaviours became more sinister, best of all worlds, Black Monday, BofA, Bush Administration turned a blind eye, could make money however they wished, dodgy instruments, Dow losing 700-800 points, extradition treaties, Federal Reserve Chairman Alan Greenspan, financial world markets 6% off, frog-marching of those responsible to jail, fund managers, Hong Kong fund managers and bankers, Ike, keep the party going, leaving someone else to hold the bag, Lehman, London, make room in The Hague, managers would then retire in mock shame, Markets fell precipitously, Merrill, new brand of global criminal, New York, non-financial world, party is over, repackaging horrifically bad home mortgage loans as sec, rest of us have to pay the bill, safe in the knowledge government(s) would always bail t, said no, seizure of their ill-gotten gains (assets), shotgun wedding without Bear Stearns like bailouts, stability and sensibility, The City, their millions already safely invested, thumbed their noses, ticking bomb of AIG Insurance Group, transparency and sensible regulation, unbridled optimism and irrational exuberance, Wall Street, wiping smug “greed is good” grins, worldwide
Am I smoking something?
There is a perfect storm in financial world markets… 6% off by noon London time – equivalent of the Dow losing 700-800 points. This could be a Black Monday in New York with the bankruptcy of Lehman and worldwide, bank stocks have fallen 20% or more. And perhaps, finally, transparency and sensible [...]
The Lunacy of Republican opposition in the Healthcare Debate writ large!
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