SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: coug who wrote (78973)2/19/2009 8:57:17 PM
From: coug1 Recommendation  Read Replies (3) | Respond to of 89467
 
PS: Another thing that p!ssed me off big time was Obama's snubbing of Howard Dean who PAVED the way for Obama..That was probably Emanual but Obama could have vetoed it..

Actually Howard Dean got shoved aside by John Kerry and the MSM in 04 when Dean had all that momentum going with his anti-war stance.. But Dean showed in 2004, that a decent, populist antiwar candidate has a chance in this country.. That's somewhat encouraging imo, but the electorate in this country can be so easily distracted by the bouncing ball.. Obama was the bouncing ball this year imo...:)

Obama came out of nowhere with ALL this money as I have written before, 50 million (like Clinton did) claiming it was all raised by small donors but he was hardly known, I barely knew him and I am smarter than the average bloke about politics so how could he have raised 50 mill with 50.00 contributions.. Fantasy to think so.. He was hand-picked by the Kingmakers on WS, packaged and sold as something new, imo.. I bought in for my stated reasons and was sold out but I am not ashamed of my actions..

While I am on this "non-rant", because it is the truth :), I will state another gripe of mine about Obama, he seems to purposely pick baggage-ladened people, Daschle, Richardson, etc. as if to purposely DESTROY the idea of a new direction here, not that Obama is, but even the "thought" of it..

More later..

Maybe..:)



To: coug who wrote (78973)2/20/2009 1:21:24 AM
From: LTK0072 Recommendations  Read Replies (1) | Respond to of 89467
 
<< I didn't work the election this year for the first time in many, many years although pressured by my friends.>> Well that's something:)

Obama on the financial side of this.
We can say, this indeed he is no way responsible going into this term(he is i think economic oblivious, utterly dependent on his advisers), and it is a brutal inheritance, and i notoriously these days for stated there is no solution beyond letting "The TOO BIG to Save Banks" vanish and let a whole flourishing of hundreds of small banks arise out of the rubble.

The constant refrain is to do this would be UTTER CASTROPHE, Paulson pounded out that word and so is Obama.
Bottomline the Too BigtoSave/FailBanks are a key part of the Oligarchs, the recovery remains in the main pouring endless money into the gawdamned psychopathic criminals that caused this world crisis. And with Sumner in place, and Rubin as an advisor Obama has two of the 3 , of dark troika that set up this disaster. The troika being Rubin/Sumner and Greenspan.
i have stated i am suspicious that the market will trend downward as long as WS/TheMonsterBanks don't get what they want--the ultimate robbery of the U.S.Populace the set up of a Bad Bank that would then suck toxic assets purchased at an inflated price and will end up causing trillions of dollars in loss--a loss GIVEN to the U.S. public.

i don't think Sheila Bair realizes what she is promoting, i go along with Faber, and say she is economically frighteningly incompetent.

The initial TARPI was to buy up these this toxic waste and Congerss got upset that wasn't done.
Here is the kicker, i realize whatever Paulson is, he ain't dumb, and on analysizing just what was the real value of these toxic "assets" started to see if it was actually done he would quite literally be confronted with a revolution in the U.S.when the public realized how they had been had to THE MAX.

And Geithner himself sees the same, and has blocked the "Bad Bank" BS that an utterly incompetent Sheila Bair has been a proseltyzer.
i, in posts elsewhere, have gone to length to show that to compare positively the "Bad Bank" now hoped for to when Sweden had their "Bad Bank" or to our RTC for S&L is either deep ignorance of the facts, or using systematic propaganda, where they are knowingly trying to con the public.

If there should start to be a Big Push for The Bad Bank, and it's passed the financials would rocket, market rally and the fools would for a time not know they are being robbed.

And the U.S would be bankrupt a lot sooner than when it will eventually go bankrupt.

The Oligarchs have hundreds of Lobbyists, and they will keep trying to get the Toxic Assets buoght up with taxpayer money.

The U.S.public has zero lobbyist.

BTW, Obama's refusal to consider Retroactive Accontability makes his future accountability a BLOODY UGLY JOKE.
Even Keith Olberman attacked Obama harshly on what was the hollow BS of his future accountability as he was letting off 90% of all financial psychopaths that caused this.
In what was as great a crime in the history of the U.S., Obama said let's forget about it---they will NOT be held accountable.
Do i believe deals were made before the election to insure Obama would NOT seek justice, yes i do.

O yes, HealthCare money in the stimulus package was in the vast majority FRIENDLY to The HealthCare Industry, courtesy of Daschle, the HC industry's pimp.
Billions for massive computer system to know every detail about everybody's health, and the totalitarian rule of FOR PROFIT(this is all about MONEY, fuck the sick)Health Industry makig the decision, and doctors put in handcuffs .
Our HealthCare system is now the rule of accountants, and Doctors but persons trying to practice with a ball and chain of HC and handcuffed on their ankle they have to drag around.
What has been gong on in HC now is long ago passed beyond shocking and is now just a totalitarian rule of an greedy industry.

Daschle was forced to withdraw but he did get his HC plan in, nonetheless, the damned industry whore.

F.P., wise--Dark Clouds on the horizon.

Max