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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (117514)	7/26/2012 4:29:13 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

Go to the link from dol.gov that I posted. Those are the facts. There is no playing with the facts. Interpret them as you will. Here are more facts for you. Does this look good to you? ------------- The US Is Not Japan Or Your Average Stagnation: It Is Much Worse Every day we are told how this recovery is the slowest since WWII and that nothing is working. Well, we think we can trump that for dysphoria. Not only is this the slowest recovery since WWII, it is even slower than the average 'stagnation'. Based on Goldman's analysis of 93 stagnations the US GDP per capita is growing even more stagnantly than ever (and dramatically worse than during Japan's 'lost decade'). US GDP per capita is still below its peak, well below the average crappy 'stagnant' recovery, and dramatically below the Japanese stagnantion... Good times, people. Source: Goldman Sachs

To: tejek who wrote (117514)	7/26/2012 5:13:21 PM
From: RetiredNow	Read Replies (3) \| Respond to of 149317

No crimes committed here. Nothing to see, move right along... -------------- finance.yahoo.com While Geithner pushed for broader reforms of LIBOR, he did not explicitly warn of possible rate manipulations and neglected to notify U.S. regulators at the Department of Justice, the Commodity Futures Trading Commission and Securities and Exchange Commission to the wrongdoing, notes Barofsky. It was a "message to the banks 'if we commit fraud, we break the rules, don't worry, we're too big — they'll never bring the appropriate steps against us,'" Barofsky says in an interview with The Daily Ticker. "And that is why we've had scandal after scandal after scandal." This was a "global conspiracy to fix one of the most important interest rates in the world," Barofsky continues. "[Geithner] heard this information and looked the other way.Geithner and other regulators should be held accountable, they should be fired across the board. If they knew about an ongoing fraud, and they didn't do anything about it, they don't deserve to have their jobs. I hope we see people in handcuffs."