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To: Metacomet who wrote (196668)	4/18/2009 5:11:45 AM
From: Skeeter Bug	Read Replies (4) \| Respond to of 306849

>>Now I need this observation to somehow translate to something Barrack Hussein Obama is responsible for. He is not responsible for the Goldman Sachs authored TARP program.<< geithner's PPI whatever program makes TARP look like a great investment. bush refused to let the banks mark to myth, but mr i'm transparent" stepped right up and said, "mr bankers, go ahead and make up whatever value you want for you toxic crap so the public can give 94% non recourse (key freaking word here - non recourse) loans to entities that will bail the banks out of 100% of their toxic asset losses. goodness gracious... you milk the profits of the wildest gambling binge in history, then you pawn off, courtesy of Obama, trillions in losses on the public and you still get your million dollar bonuses. that's Obama-land. oh, and didn't dodd say it was Obama's treasury that stepped in and said make those AIG bonuses good? wasn't it Obama that nixed any effort to limit those bonuses? wasn't it Obama that allowed million dollar bonuses to go to fannie and freddie administrators (for what, being a trillion dollar sink hole?)? >>I agree we are in deep crap. But I understand who got us here.<< yes, bush. congress (including Obama - last i checked he was in congress before becoming president). banker and wall street greed bags. >>Obama has to play the hand that he inherited.<< and he's flashing the bankers everyone else's hand. this isn't difficult to see. >>Whether it is right or not, the decision has been made to salvage the banking system.<< and Obama has fallen right into line, no different, perhaps even worse (mark to myth Obama) than bush (bush refused to let the banker's LIE ABOUT THEIR FINANCIALS!)! mr "transparency" SUPPORTS lying about financials when bush made them tell the truth! isn't it grand? >>It is too soon to pass judgement on the eventual wisdom of this call, but it was obvious that serious steps needed to be taken.<< no it isn't - putting the public on the line for 94% of the banks' bad bets with a non recourse loan is rping the tax payer and i can make that call right freaking now - and i think you know it, too. "nonrecourse" has a specific meaning - if they default, the tax payers can do nothing but pay out the yang. Obama lies and says he did everything he could to protect taxpayers - he's LYING. protecting the tax payers would include a recourse loan with assets to back up the 94% loan and not allowing the assets to be sold to mark to myth. yes, geithner's toxic asset transfer and mark to myth are SOLELY creations of Obama and his team. combined, both of these banker give aways are significantly worse than TARP. this is obvious, no? i watched the monty python's "life of brian" tonight and was struck how much the scene where the two jewish groups were fighting in their effort to kidnap pilate's wife while the roman guards looked on was analogous to the bankers watching the democrats and republicans fight it out. Obama is screwing you every way to sunday, but you are so busy hating republicans (and in many ways they deserve what they get) that you don't really care to see what is actually going on. democrats have major* problems, too. here in CA, the democratic legislature raised taxes on the unemployed (with 20% unemployed and underemployed) to pay for their government largesse - think the GM of government. screwing the little guy, the down and out guy, while letting the billionaires run wild isn't a plank of the democratic party, BUT IT IS WHAT THEY DO. wake up - they are all liars and out to protect the uber elite who will pay $10s of millions to Obama once he leaves office.

To: Metacomet who wrote (196668)	4/18/2009 11:58:34 AM
From: Skeeter Bug	Respond to of 306849

this gem of dismantling democracy for the sake of the oligarchy is 100% Obama... Fed Bills... Message 25579118 $23 trillion in on the books in 8 eight years is the going number. while bush did all he could to start us down the path of insolvency and push us along, Obama seems like just the guy to finish the job... all for the sake of the oligarchs he serves so well. IT IS OBVIOUS. quit fighting amongst the peasant infighting while the Romans look on! good theater IS NOT goof government.

To: Metacomet who wrote (196668)	4/18/2009 12:17:12 PM
From: Skeeter Bug	Read Replies (3) \| Respond to of 306849

Chancels is exactly right - this IS NOT about saving the banking system (that's the theater), this IS about saving certain EXCLUSIVE banks AT THE EXPENSE OF EVERY OTHER WELL RUN BANK OUT THERE. the $12 trillion they've funneled to these mega banks is enough to pay off every single mortgage in the united states of america... that solves the MBS problem, right? but the uber banks wouldn't collect their due - the interest on all those loans from the surfs of this nations. instead, the uber banks DEMAND to be paid back in full for all their losses (no doubt triggering billions in Obama sanctioned bonuses - even if Obama gives good theater about not liking it so the surfs don't rise up). the fed, NO DOUBT OWNED BY THE SAME PEOPLE WHO OWN THE UBER BANKS!!!!!, run up the public debt due to their new "investment" in worthless crap and they get to CHARGE THE PUBLIC INTEREST FOR TAKING ON DEBT TO BUY ALL THE WORTHLESS ASSETS FOR CASH!!!! goo lord, meta, open your freaking eyes! if i were to go to government and claim my condo was illiquid (ir, nobody would buy it at the price i wanted to sell it) and the government paid me my mark to myth price, you'd be LIVID that i was bailed out of a bad decision to buy a house. you'd be angry over peanuts given to a surf, but you defend the guy HANDING THE KEYS TO THE KINGDOM OVER TO A BUNCH OF FRAUDULENT B*STARDS THAT NEED TO BE IN JAIL. oh, and before the simple mind chimes in and puts me in the bush camp, i'm a bit disappointed that Obama hasn't charged bush and cheney with war crimes for torture - and if they ever leave the USA and get jailed for war crimes, i won't feel the least bit of sympathy. i'm sure that Obama's chant after looting the treasury to enrich the fraudulent oligarchs will be... "i don't like to look back, let's move forward... no do your best to get a second job." remember the following promises by Obama? 1. people will have 5 days to review legislation online (hasn't happened). 2. he wouldn't sign a bill with earmarks (signed off on $8 billion about 1 month ago). 3. he wouldn't bring in lobbyists to his government (his cabinet is filled with ex clintonites and the oligarchy couldn't have more entrenched lobbyists than summers and geithner - worked for the fed a private bank owned by the oligarchs). 4. i will be transparent - no more sneaky government (mark to myth, $2 trillion in loans to undisclosed recipients, etc...) he's a pathological liar upholding the status quo at nearly every turn. he's even extending it. are you so blinded by hatred of republicans that you don't see the government screwing you over? young children will be DEBT SLAVES by they time they are in their 30s - if they aren't fighting a war to settle our debts. the republicans should be ASHAMED for not holding the bushevics accountable. now the SHAME is on the democrats. not the parties - they are bought and paid for... but the people. like you.

To: Metacomet who wrote (196668)	4/18/2009 9:07:04 PM
From: NOW	Respond to of 306849

i am happy to see that many on this thread are not sucked into your political nonsense

To: Metacomet who wrote (196668)	4/19/2009 2:40:32 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 306849

when is Obama going to bring up war crimes against cheney and bush instead of his current legal acceptance of torture? no crimes can be prosecuted if one only chooses to "look forward."