To: Joseph Silent who wrote (84907 ) 12/21/2011 6:44:17 PM From: TobagoJack Respond to of 218175 just in in-tray, someone sound upsetFrom: W Sent: Thursday, December 22, 2011 12:01 AM Subject: RE: Comments - Week of Dec. 19 Isn't Mudd the discredited loser at GE for Immelt's position? And what about that clown who also lost the bidding and ran Home Depot in the ground before joining Centaurus and then running Chrysler into bankruptcy? And GE enjoys a reputation for developing elite managers? WTF? GE's managers have a lot in common with DC bureaucrats. I despise them all,and they're part of what ails Amerika.From: R Sent: Wednesday, December 21, 2011 11:36 PM Subject: Re: Comments - Week of Dec. 19 another reason to distrust the US. Daniel Mudd has to take a leave from Fortress because he is being sued. money.cnn.com No doubt Mudd is the point man for Fortress to pick off all the agency REOs and loans at ridiculous prices. With Mudd and may be Fortress out of the way, Wilbur Ross appears to be the winner with Lockhart, ex-chair of FHFA.invesco.com I don't know the details but I would assume there are many other distress property funds with ex-agency officials lobbying hard to get OUR assets pooled and marketed exclusively to their groups. Wall Street today talks about RTC as if it was a good solution to the S&L fiasco. While it is true that RTC did disposed of all the "bad assets", the truth is the assets were good, it was the bad loans that made them over encumbered that made them bad. All those properties could have been sold at much higher prices to retail investors but through political connection (George Sr at the time), Wall Street got them pooled and took a huge cut in the process. The evil forces are gearing up to do a repeat. On Wed, Dec 21, 2011 at 12:11 AM, M wrote: As if we didn't have enough reasons to distrust US data..... Mpjmedia.com SNIP: A retired career economist at the U.S. Department of Labor told PJ Media the administration wants to put its own political allies into the bureau, eschewing promotion from within: Traditionally, the deputy commissioner position has been filled by promotion from within the ranks of experienced BLS career professionals, and when Rones retired from the deputy job last summer, Hall proposed promoting a highly qualified associate commissioner [John Galvin] to the position. The labor secretary and deputy secretary rebuffed that and made it clear that they wanted someone of their choosing from outside the existing career cadre. This has led to speculation that the White House is trying to circumvent the Senate so as to appoint a deputy whose position does not need Senate confirmation, and who would defer to the White House and to politically aggressive Labor Secretary Hilda Solis. One source told PJ Media the president would like to install Betsey Stevenson as the deputy commissioner. Stevenson is a Princeton academic and loyal political ally who worked as chief economist for Solis. Stevenson would be rejected by many in the Senate, which has regarded political allies as inappropriate for running the nonpartisan BLS.