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To: Brumar89 who wrote (28776)	9/26/2012 9:30:35 AM
From: Little Joe	Respond to of 85487

Well as usual Karl Denninger hits the nail on head. Here is the winning presidential speech. market-ticker.org The question is, will someone deliver this between now and November? My fellow Americans; Almost exactly four years ago the stock market began a sickening plunge that would shake the world. Declining from just over DOW 11,000 to under 7,500 in two short months, only to fall another 1,000 points in the next three, this period marked an unprecedented time of government intervention that you were told was for all of our good, and the good of our nation. You were lied to. \\\more follows lj

To: Brumar89 who wrote (28776)	9/26/2012 9:53:06 AM
From: gamesmistress	1 Recommendation Read Replies (1) \| Respond to of 85487

Scott Brown should have some fun with Elizabeth Warren in the next debate. Ted Kennedy slammed steel company Liz Warren represented By Hillary Chabot and Joe Battenfeld Wednesday, September 26, 2012 - Updated 10 hours ago bostonherald.com The late U.S. Sen. Edward M. Kennedy, whom Democrat Elizabeth Warren is repeatedly evoking on the campaign trail, railed against the steel conglomerate the Harvard Law professor represented in its bid to avoid paying benefits to retired coal miners. Kennedy filed bills to require bankrupt companies to honor their pension agreements to retirees and specifically cited the company Warren worked for, LTV Steel, for using bankruptcy to shirk payments to retired workers. “Many companies are using bankruptcy courts to abandon their pension plans,” Kennedy said during a speech on the Senate floor in Nov. 2005. “Hundreds of thousands of workers and retirees at companies such as United Airlines, US Airways, Bethlehem Steel and LTV Steel are now without the pensions they worked so hard to earn.” Kennedy also in 2005 sponsored the Stop Terminating Our Pensions Act, which would have imposed a six-month moratorium on terminating pension plans resulting from bankruptcy proceedings. Warren recently has been quoting Kennedy in her campaign to defeat Republican Scott Brown, who took the iconic liberal’s place in the U.S. Senate in 2010. But Warren’s legal work sometimes clashed with Kennedy’s agenda. In 1995, Warren got paid $10,000 by LTV Steel to skirt the Coal Industry Retiree Health Benefit Act, which required companies that shut down coal mines to keep providing health benefits for their former employees, many of whom suffered mining-related ailments. Kennedy voted for the Coal Act in 1992. Warren also got paid more than $200,000 in 2008 to represent Travelers Insurance in its legal bid to duck paying settlements to future asbestos victims. While Warren argued passionately that the asbestos case regarding Travelers was due to an “asbestos litigation crisis,” Kennedy contradicted that position on the Senate floor, saying, “the real crisis which confronts us is not an asbestos litigation crisis, it is an asbestos-induced disease crisis.” Warren’s outside legal work has become a major issue in the Senate campaign, and her apparent conflicts with the legendary Senator could pose new problems for her attempts to keep Democratic voters from defecting to Brown. Warren campaign officials said yesterday she supports the bills Kennedy sponsored and believes Congress should do more to protect retirees’ benefits. Warren yesterday defended her work for Travelers and LTV Steel, saying it doesn’t conflict with her pledge to fight for the “hammered” middle class. “My goal was to come in as a bankruptcy expert and to make sure that there was the maximum protection for those who were injured by corporations, and that was true for the present day and also true on into the future,” Warren said. “That’s where I have stood. It’s where I do stand. It’s where I will stand in the future. I will be there to protect workers, that’s what I think is right.”