Geithner Aides Worked With AIG for Months on Bonuses - WSJ.com
They put those bonus clauses in there on purpose.
They put those bonus clauses in there on purpose.
Thursday, March 26, 2009
The New National Security Council advisor Jones: “I take my daily orders from Dr. Kissinger”
"Thank you for that wonderful tribute to Henry Kissinger yesterday. Congratulations. As the most recent National Security Advisor of the United States, I take my daily orders from Dr. Kissinger, filtered down through Generaal (sic) Brent Scowcroft and Sandy Berger, who is also here. We have a chain of command in the National Security Council that exists today."
NSC advisor Jones: “I take my daily orders from Dr. Kissinger”
NSC advisor Jones: “I take my daily orders from Dr. Kissinger”
Death squad leader ‘was top CIA agent’
"THE LATE President Milosevic's secret police chief and organiser of Serb death squads during the genocidal ethnic cleansing of disintegrating Yugoslavia was the United States' top CIA agent in Belgrade, according to the independent Belgrade Radio B92.
The claim that from 1992 until the end of the decade, Jovica Stanisic, head of Serbia's murderous DB Secret Police, was regularly informing his CIA handlers of the thinking in Milosevic's inner circle has shocked the region.
Stanisic is said to have loyally served his two masters for eight years. He is facing war crimes charges at the International Criminal Court at The Hague.
In the terrifying years of Yugoslavia's internecine wars, he acted as the willing "muscle" behind Milosevic's genocidal campaigns in Croatia, Kosovo and Bosnia, including Sebrenica."
Death Squad Leader Was Top Cia Agent (from Sunday Herald)The CIA is doing really, really important work for America! They are totally worth every penny, and there is no backlash to their actions whatsoever! (end sarcasm)
China weighs paper gold against dollar as reserve currency
Paper gold: nice idea, shame about the politics - Telegraph
If the U.S. is going to squander its economic reputation and standing as the trustworthy place to place your capital, there are plenty out there who are ready and willing to step up and take its place. And that reputation doesn't come back overnight...if ever.
If the U.S. is going to squander its economic reputation and standing as the trustworthy place to place your capital, there are plenty out there who are ready and willing to step up and take its place. And that reputation doesn't come back overnight...if ever.
Obama and Geithner gambling with their country's financial reputations
"Having seen the worst elements of casino capitalism ruin Wall Street and generate billions in losses, the pair have stepped back to the roulette table and plan to place up to $1 trillion (£690bn) on black to try to win back the banks' losses and restore America's financial credibility. All they can do is hope the spin doesn't end in the red. "
Obama and Geithner gambling with their country's financial reputations - Telegraph
Obama and Geithner gambling with their country's financial reputations - Telegraph
Saturday, March 21, 2009
Sign Up to Receive a Free Quotation on Liberty Each Day in your Inbox!
"Force always attracts men of low morality. "
-- Albert Einstein
(1879-1955) Physicist and Professor, Nobel Prize 1921
Famous Quotes / Quotations about Liberty - Liberty-Tree.ca
-- Albert Einstein
(1879-1955) Physicist and Professor, Nobel Prize 1921
Famous Quotes / Quotations about Liberty - Liberty-Tree.ca
S&P Earnings Back to 1955 Level
"It's no secret that it's bad out there. Today's chart helps provide some perspective as to the magnitude of the current economic decline. Today's chart illustrates that 12-month, as-reported S&P 500 earnings have declined over 80% over the past 18 months, making this by far the largest decline on record (the data goes back to 1936). In fact, real earnings have dropped to a level not seen since the 1930s and 40s – the back end of the Great Depression. While earnings have been struggling since Q3 2007, it was the latest quarter (Q4 2008 the first full quarter following the financial meltdown), where the real damage was done. During Q4 2008, the S&P 500 came in with its first negative earnings quarter ever and the amount lost during the quarter was more than the index has ever earned during a single quarter."
Chart of the Day
US calls on Sweden's "Mr Fix It" Bo Lundgren
"The Swedish financial chief known as "Mr Fix It" has been summoned to Washington to advise on how Sweden's model might avert a global banking meltdown."
US calls on "Mr Fix It" - TelegraphTranslation: $11 trillion of YOUR dollars have been poured onto the corporations that created this mess, and now they admit they don't know what they have been doing all this time, and haven't made any progress toward fixing it.
The Economy is Sooooo Bad That....
Congress says they are looking into this Bernard Madoff scandal. So, the guy that made $50 billion disappear is being investigated by the people who made $750 billion disappear.
The economy is so bad:
CEO’s are now playing miniature golf.
Even people who have nothing to do with the Obama administration aren’t paying their taxes.
Hotwheels and Matchbox stocks are trading higher than GM.
Obama met with small businesses to discuss the Stimulus Package: GE, Pfeizer and Citigroup.
PETA serves chicken wings at their meetings
McDonalds is selling the 1/4- ouncer.
People in Beverly Hills fired their nannies and learned their children’s
names.
A truck of Americans got caught sneaking into Mexico ..
The most highly-paid job is now jury duty.
Dick Cheney took his stockbroker hunting.
People in Africa are donating money to Americans.
Mothers in Ethiopia are telling their kids, “finish your plate, do you know how many kids are starving in the US ?”
Motel Six wont leave the light on.
The Mafia is laying off judges.
THE ECONOMY IS SOOOOOOOOOOO BAD THAT….. « Desertpeace
Kentucky Election Officials Arrested, Charged With 'Changing Votes at E-Voting Machines'
The BRAD BLOG : KY Election Officials Arrested, Charged With 'Changing Votes at E-Voting Machines'
Get rid of the electronic machines. They can be manipulated too easily. There should always be a paper trail.
Get rid of the electronic machines. They can be manipulated too easily. There should always be a paper trail.
Who Owns the Rainwater that Falls on Your Property?
"Every time it rains here, Kris Holstrom knowingly breaks the law.Who owns Colorado's rainwater? - Los Angeles Times
Holstrom's violation is the fancifully painted 55-gallon buckets underneath the gutters of her farmhouse on a mesa 15 miles from the resort town of Telluride. The barrels catch rain and snowmelt, which Holstrom uses to irrigate the small vegetable garden she and her husband maintain."
What Happened in 1980?
Drug Abuse Prevention, Treatment and, Rehabilitation Act (1980)
Since most (50%+) of people are currently in jail for nonviolent drug offenses, the birth of the "drug war" probably more than doubled the number of "criminals".
Coincidentally, a major piece of antidrug legislation was introduced in 1980: [the] Drug Abuse Prevention, Treatment and, Rehabilitation Act [of 1980]
Just Say "NO" to Drugs!
A Free-Market Solution to Litter
"A Gloucestershire shopkeeper has cut litter in her village by 40% by writing children's names on their sweet wrappers."
Ananova - Shopkeeper takes on litter louts
Ananova - Shopkeeper takes on litter louts
Russian planes again fly over U.S. Navy ships
Russian planes again fly over U.S. Navy ships - CNN.com
"Russian military aircraft flew just 500 feet over two U.S. Navy ships this week as the ships participated in a joint military exercise with South Korea in the Sea of Japan, according to U.S. military officials."
Many Iraqis held by US to go free
"Thousands of Iraqis held without charge by the United States on suspicion of links to insurgents or militants are being freed by this summer because there is little or no evidence against them."La Crosse Tribune - 7.0
Leading by example. If no evidence and no charges, you are free.
Holder rescinds Ashcroft-era FOIA guidelines
Holder rescinds Ashcroft-era FOIA guidelines - The Oval: Tracking the Obama presidency"A presumption of openness," is now supposed to guide federal agencies' responses to Freedom of Information Act requests.
Attorney General Eric Holder today sent a memo to agency heads that reverses FOIA guidelines that have been in place since Oct. 12, 2001. The Bush-era presumption, established by then-attorney general John Ashcroft, was that agencies should first assume that information should not be released -- and put most of the burden on the requester to prove otherwise.
What a refreshing concept! An open government! Sunlight disinfects!
Thursday, March 19, 2009
Cheney Worried About Obama Expanding Gov't, But Felt That He Was Justified in Ignoring Most of the Constitution
In an interview with CNN, Dick Cheney says,
"I worry a lot," he told King, "that they're using the current set of economic difficulties to try to justify a massive expansion in the government, and much more authority for the government over the private sector. I don't think that's good. I don't think that's going to solve the problem."
Yet...
"According to recently released legal memos from the Bush-Cheney administration, the former vice president believes that the federal government can ignore the First Amendment and suppress free speech and freedom of the press as part of its "war on terror.""
Commentary: Cheney says U.S. can torture but can't heal - CNN.com
"I worry a lot," he told King, "that they're using the current set of economic difficulties to try to justify a massive expansion in the government, and much more authority for the government over the private sector. I don't think that's good. I don't think that's going to solve the problem."
Yet...
"According to recently released legal memos from the Bush-Cheney administration, the former vice president believes that the federal government can ignore the First Amendment and suppress free speech and freedom of the press as part of its "war on terror.""
Former Vice President Cheney also believes, according to these same memos, that the federal government can send troops to burst into the homes of American citizens without a search warrant, despite the Fourth Amendment's protection against such unreasonable searches. He believes that the federal government has the right to arrest an American citizen on American soil and hold him in prison without charges. He believes that the federal government can listen in on your phone conversations without a court order.
Cheney believes that the federal government can ignore the Geneva Conventions, binding treaties largely written by the United States, signed by the president and ratified by the Senate. He believes that the federal government can commit torture, despite laws and treaties making torture a crime.
As the Washington Post reported, "Starting in January, 2002, Cheney turned his attention to the practical business of crushing a captive's will to resist. The vice president's office played a central role in shattering limits on coercion of prisoners in U.S. custody, commissioning and defending legal opinions that the Bush administration has since portrayed as the initiatives, months later, of lower-ranking officials."
Commentary: Cheney says U.S. can torture but can't heal - CNN.com
The REAL AIG Conspiracy
"Here’s the problem with all the hoopla over the $135 million in AIG bonuses: This sum is only less than 0.1% – one thousandth – of the $183 BILLION that the U.S. Treasury gave to AIG as a "pass-through" to its counterparties. This sum, over a thousand times the magnitude of the bonuses on which public attention is conveniently being focused by Wall Street promoters, did not stay with AIG. For over six months, the public media and Congressmen have been trying to find out just where this money DID go. Bloomberg brought a lawsuit to find out. Only to be met with a wall of silence."
The Real AIG Conspiracy - Global Research.ca
As usual, Global Research gets it right.
The Real AIG Conspiracy - Global Research.ca
As usual, Global Research gets it right.
US Army Confirms Israel Has Nukes
"The Army has let slip one of the worst-kept secrets in the world -- that Israel has the bomb.
Officially, the United States has a policy of "ambiguity" regarding Israel's nuclear capability. Essentially, it has played a game by which it neither acknowledges nor denies that Israel is a nuclear power.
But a Defense Department study completed last year offers what may be the first time in a unclassified report that Israel is a nuclear power. On page 37 of the U.S. Joint Forces Command report, the Army includes Israel within "a growing arc of nuclear powers running from Israel in the west through an emerging Iran to Pakistan, India, and on to China, North Korea, and Russia in the east.""
US Army Confirms Israeli Nukes - Military.com
Why hasn't Israel signed the Nuclear Non-Proliferation Treaty, thus allowing IAEA inspections, like every other country?
Officially, the United States has a policy of "ambiguity" regarding Israel's nuclear capability. Essentially, it has played a game by which it neither acknowledges nor denies that Israel is a nuclear power.
But a Defense Department study completed last year offers what may be the first time in a unclassified report that Israel is a nuclear power. On page 37 of the U.S. Joint Forces Command report, the Army includes Israel within "a growing arc of nuclear powers running from Israel in the west through an emerging Iran to Pakistan, India, and on to China, North Korea, and Russia in the east.""
US Army Confirms Israeli Nukes - Military.com
Why hasn't Israel signed the Nuclear Non-Proliferation Treaty, thus allowing IAEA inspections, like every other country?
U.S. Fed Injecting Billions Into Foreign Central Banks
U.S. Injecting Billions Into Foreign Central Banks
"The Fed program adds up to serious money. The most recent balance sheet released by the Fed shows that $314 billion U.S. dollars are currently doled out to foreign central banks under the foreign exchange program. That's down from a December peak of nearly $600 billion, as central banks have repaid some of the loans."
2007 Breaks Baby Boom Birth Record
"More babies were born in the United States in 2007 than in any other year in American history, according to preliminary data reported Wednesday by the National Center for Health Statistics.
The 4,317,000 births in 2007 just edged out the figure for 1957, at the height of the baby boom. The increase reflected a slight rise in childbearing by women of all ages, including those in their 30s and 40s, and a record share of births to unmarried women."
’07 U.S. Births Break Baby Boom Record - NYTimes.com
The 4,317,000 births in 2007 just edged out the figure for 1957, at the height of the baby boom. The increase reflected a slight rise in childbearing by women of all ages, including those in their 30s and 40s, and a record share of births to unmarried women."
’07 U.S. Births Break Baby Boom Record - NYTimes.com
U.N. panel says world should ditch dollar
"A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar."
U.N. panel says world should ditch dollar | U.S. | Reuters
Keep spendin', America! Obviously, you're immune to the laws of economics! U!S!A! U!S!A!
U.N. panel says world should ditch dollar | U.S. | Reuters
Keep spendin', America! Obviously, you're immune to the laws of economics! U!S!A! U!S!A!
Baghdad's water still undrinkable 6 years after invasion
"Everybody complains about the water in Baghdad , and few are willing to risk drinking it from the tap. Six years after the U.S. invaded Iraq , 36 percent of Baghdad's drinking water is unsafe, according to the Iraqi Environment Ministry — in a good month. In a bad month, it's 90 percent. Cholera broke out last summer, and officials fear another outbreak this year."
Baghdad's water still undrinkable 6 years after invasion
Baghdad's water still undrinkable 6 years after invasion
Ex-Bush admin official: Many at Gitmo are innocent
"Many detainees locked up at Guantanamo were innocent men swept up by U.S. forces unable to distinguish enemies from noncombatants, a former Bush administration official said Thursday. "There are still innocent people there," Lawrence B. Wilkerson, a Republican who was chief of staff to then-Secretary of State Colin Powell, told The Associated Press. "Some have been there six or seven years.""
Ex-Bush admin official: Many at Gitmo are innocent
The U.S. has admitted to torturing innocent people. We're not the shining beacon on the hill anymore, are we?
Ex-Bush admin official: Many at Gitmo are innocent
The U.S. has admitted to torturing innocent people. We're not the shining beacon on the hill anymore, are we?
Sunday, March 15, 2009
Bailout money is flowing abroad
Bailout money is flowing abroad - Home News, UK - The Independent
In a global economy, dominated by multinational corporations, why do taxpayers think that bailout money helps their citizens exclusively? You're bailing out corporations, that's all. Corporations that don't give a shit about which country they are creating jobs in.
In a global economy, dominated by multinational corporations, why do taxpayers think that bailout money helps their citizens exclusively? You're bailing out corporations, that's all. Corporations that don't give a shit about which country they are creating jobs in.
Tuesday, March 3, 2009
Finally, Someone Else Besides Ron Paul Gets It's the Federal Reserve's Fault
Ex-Bush Economist: Blame The Federal Reserve For The Crash | - CBS News
"As you might guess from the title, Taylor concludes that blame lies primarily with the Federal Reserve's unreasonably low interest rates for much of the last decade. He also points an accusatory finger at "the failure to rein in Fannie and Freddie" (meaning Rep. Barney Frank and other Democratic congressional enablers) and "the lack of clarity in the operation" of last fall's financial bailout plan (meaning the Bush administration, plus congressional leaders who drafted the legislation)."
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