For your amusement here are some observations sent into us by a wall street “traitor” that will go un-named. Hope you are in a positive frame of mind to enjoy these after this week. If you haven’t checked your 401k lately you might want to hold off for about 1-2 years. (I hope I am being overly pessimistic by the way)
TARP – $700 billion bailout–Taxpayers Are Really Pissed.
CEO — Chief Embezzlement Officer.
CFO — Corporate Fraud Officer.
BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET — A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.
VALUE INVESTING — The art of buying low and selling lower.
P/E RATIO — The percentage of investors wetting their pants as the market keeps crashing.
BROKER — What my broker has made me.
STANDARD & POOR — Your life in a nutshell.
STOCK ANALYST — Idiot who just downgraded your stock.
STOCK SPLIT — When your ex-wife and her lawyer split your assets equally between themselves.
FINANCIAL PLANNER — A guy whose phone has been disconnected.
MARKET CORRECTION – The day after you buy stocks.
CASH FLOW — The movement your money makes as it disappears down the toilet.
YAHOO — What you yell after selling it to some poor sucker for $240 per share.
WINDOWS — What you jump out of when you’re the sucker who bought Yahoo @ $240 per share.
INSTITUTIONAL INVESTOR — Past year investor who’s now locked up in a nuthouse.
Stopping the Formation of the (USSA) United Socialist States of America
Every economist agrees that the current financial crisis is a direct result of the melt down related to the bursting of the “housing bubble”. A bubble fueled by Fannie Mae, Freddie Mac by making highly risky “government backed loans” to people with low paying and even no jobs at all with virtually no chance of paying them back. Mortgage money was flowing free like water thanks to the combination of low interest rates and government give away institutions like Fannie and Freddie.
Here you can listen to Democrats in their own words dismissing the alarms raised by the regulators of the now FAILED Fannie Mae and Freddie Mac. These hearing took place in2004 (remember this when you watch the video) and CLEARLY Republicans were warning that MORE CONTROLS were needed and that the corruption and free for all housing give away to so called “low income” housing was headed for a crisis. Listen and see the words straight from the horses mouth.
This CSPAN2 video is a bit long but after about 50% of it you will clearly get the picture of the facts that the Democrats DON’T want you to hear !!!
Mr. Franklin Raines, mentioned in the video, by the way is alleged to be one of Obama’s economic advisers. He is the now ex-CEO of Fannie Mae who was making in excess of $90M / year and was also the subject of scrutiny of regulatory investigator being questioned in Congress. Now of course there is admission of a “lack of oversight” and Dems want to blame Republicans! (Fannie and Freddie were created under the Carter Administration) — even Clinton said at the end of the video that HE should have done more to regulate them. But the fact remains, they were protected by the most socialist Dems and that fact points the finger in the opposite direction my friends.
Not only do Democrats now want a quick fix to get this behind them but they also want to dump more good money after bad into these same agencies and other “social welfare” programs like ACORN and La Razza. They want the taxpayers to pay for it. In my book that’s Socialism in its purest form!!
The cat is out of this bag and taxpayers should not be footing the bill and end up indirectly turning America into a socialist state. Democrats WILL INCREASE ALL OUR TAXES (not just the “wealthy”) TO FUND THIS BAIL OUT and we will never see a dime of so called “potential profit” from all these bad mortgage loans. YOu can take THAT to the bank!
Stop Democrat (quickly becoming the Socialist Party) in Congress from”CHANGING” America into a socialist state. Stop the formation of the (USSA) United Socialist States of America without us even realizing it.
Call Congress NOW! Congressional Switchboard (you will be connected to your representative’s and senator’s office) and say no to set aside for ACORN and LaRaza. No pork barrel. No earmarks. No bailout moneys to ACORN and LaRaza and other Democrat social programs that have created this mess.
FOOT NOTES and REFERENCES to still un-confirmed allegations of Obama and Raines ties:
On September 18, 2008, John McCain’s Campaign, published a campaign ad that quoted the Washington Post’s claim that Franklin Raines advises Barack Obama on economic matters. The ad also notes that “Raines made millions and then left Fannie Mae while it was under investigation for accounting irregularities”. Both Raines and the Obama Campaign claim that Raines is not an Obama advisor and has never advised Senator Obama. When the claim that Raines was an Obama advisor appeared multiple times in the Washington Post (first July 16th) months before the McCain ad, the Obama campaign didn’t seek a correction. However, they did seek a correction from the Post after the ad appeared. – References
Seems like Joe Biden at least has a conscience regarding some of the tactics being used by the Obama campaign. Could it be that the venue he was speaking to, the National Guard, prompted his remarks? You be the judge…
WASHINGTON (AP) - Barack Obama’s running mate says a campaign ad that mocked Republican presidential candidate John McCain as an out-of-touch, out-of-date computer illiterate was “terrible” and would not have been done had he known about it.
Obama, McCain’s Democratic rival, launched the ad earlier this month, part of an aggressive push to slow McCain’s rise in the polls after he chose Alaska Gov. Sarah Palin to be his running mate. It included unflattering footage of Sen. McCain at a hearing in the early ’80s, wearing giant glasses and an out-of-style suit, interspersed with shots of a disco ball, a clunky phone, an outdated computer and a Rubik’s Cube.
“He admits he still doesn’t know how to use a computer, can’t send an e-mail, still doesn’t understand the economy, and favors $200 billion in new tax cuts for corporations, but almost nothing for the middle class,” the ad says.
Asked about the negative tone of the campaign, and this ad in particular, during an interview broadcast Monday by the “CBS Evening News,” Obama’s running mate, Sen. Joe Biden, said he disapproved of it. [We found and embedded the video below - .ed]
“I thought that was terrible, by the way,” Biden said.
Asked why it was done, he said: “I didn’t know we did it and if I had anything to do with it, we’d have never done it.” — Associated Press
Do you think we may hear this before or after the next Obama campaign ad….? “I’m Joe Biden and I didn’t approve this message”. Seems like that’s what Joe is saying now loud and clear. Listen to the shot interview below.
The McCain campaign should resurrect every conceivable issue that questions Obama’s readiness and judgment, not look back! Take the gloves off after this last crude ad. Clearly Biden, although probably pandering a bit to his audience, thought the ad was tasteless and you can see that it sincerely disturbed him.
YOU BE THE JUDGE — Biden repeats his perspective in this Katie Kouric interview below. Clearly he is unhappy with how Obama’s henchmen are treating his once good friend of many years, John McCain.
Sort of puts a whole new perspective on America’s Dirtiest Jobs, NAFTA and Wall Street’s passion for free and open world trade all rolled up into one. How would you rate it ?
Gianna Jessen is the powerfully eloquent survivor of abortion who recently appeared in the ad below challenging Barack Obama’s opposition as state senator to the Illinois Born Alive Infants Protection Act.
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Since the desperate Obama campaign has been scrapping the bottom of the barrel to find just about anything to demean John McCain, including mocking him as being so “old fashioned” that he doesn’t use a computer or does eMail. Scott Ott has released his update to the now infamous 1982 ad throwing it right back into the Obama campaign’s face:
Don’t expect Hillary and Bill to be campaigning too hard… Hillary knows she and Bill will have 4 years to regain control of the Democratic party if Obama loses placing her solidly in opposition of McCain and (Palin especially) in 2012. She would have had to wait 8 years if she were Obama’s VP. In the ensuing four years she will gain additional centrist support as a result and can still claim to be the first female President if she defeats the McCain - Palin administration. Genius…. Obama is falling right into Bill Clinton’s trap !!! – scotty777
[+1 rating, 1 votes]
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WASHINGTON (AP) - Barack Obama’s running mate says a campaign ad that mocked Republican presidential candidate John McCain as an out-of-touch, out-of-date computer illiterate was “terrible” and would not have been done had he known about it.
First we would just like to say: Thank you for taking the time to register on our site either recently or anytime during our past four years of active publishing!
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