Given the Wall Street Jihad (you know, those Group of Thirty guys, operating through the Wolfsberg Group members, and their lower-level operational entities, InterContinental Exchange, TradeSpark, Markit and Markit Wire, etc., screwing us all to hell in their economic "meltdown") will anyone have any money left to afford any electrical grids????
Yeah...I know...and I appreciate the sarcastic comment of your excellent remark, afxgrin, it was highly intelligent and highly appropriate.....
While my first three choices were: (1) Cynthia McKenny, (2) Dennis Kucinich, (3) the Dixie Chicks, I have to say the present Prez hasn't done anything unexpected --- Wall Street (a k a "The Financial-Intelligence Complex") and the Pentagon (a k a "The Military-Industrial-Congressional-Entertainment-Prison-Healthcare Complex") appear to still be in control.
Excellent points all, Good Citizen canajin56. A small amount of the proper explosive or incendiary device distributed among seven IXP sites should be sufficient. (Note I said IXP, not ISP!)
A resounding YES!! The FBI, headed by unindicted co-conspirator to the coverup of the BCCI investigation (and probably the Iran-Contra affair as well, when he was head of the Justice Department's criminal division - appointed by George H.W. Bush), Director Robert Mueller, is the last person in America I would trust with any investigation. The fact that they have time for such matters, when they should be pursuing the war criminals of the Bush Adminstration and the financial fraudster super-crooks on Wall Street, is truly mind-boggling......
The REAL reason McSoftware needs those billions is in order to compete with IBM on IBM's latest patent submittal (and immediate withdrawal after the publicity it generated - and this be the second go around on this patent) for an Offshoring Software System (software to realize the most tax breaks when offshoring all those American jobs, you see?). M$ simply believes it should receive taxpayer funds in order to keep offshoring all those jobs, just like JP Morgan Chase, Citibank, BankofAmerica, Goldman Sachs, AIG and Morgan Stanley.
Except for one item from the article, morgan_greywolf, which is that CIA clown-spook claiming that Prez Hugo Chavez (whom the NEOCONS have been gunning for forever, as he's for the people, not owned by Korporate AmeriKa) is guilty.
Strange...coming from a country which has attempted to assassinate Chavez at least twice. Can you say CHENEY Executive Asssassinations????
Remember, when the Group of Thirty say buy derivatives, countries buy derivatives......
"The building had a failure mode that could be exploited by heat (weakening the floor structures, which braced the supporting walls against buckling, so the floors would drop away and leave the walls unbraced) and the planes were fully fueled and banked just before impact so their fuel would be deposited on several consecutive floors.
Dood, you are soooo right...of course those terrorists were super-geniuses with the world's most superior intelligence network - or how else could they have planned and fully utilized those six, or is it now seven, military and civilian exercises, taking place at the SAME EXACT TIME FRAME, which all appeared to have originated from either DOD (Rumsfeld) or the Office of the VP (Cheney)???
I especially appreciated that exercise involving the evacuation of the NRO so that the geostationary satellite observing the mid-Atlantic east coast area couldn't be tasked on the NYC World Trade Center attack site (would have involved human operator tasking direction). And forward positioning 98% of American fighter-interceptors to Alaska, Northern Canada and Greenland....who could have ever foreseen......
Gee whiz, those terrorists think of everying......
Yeah...but that original eposide he wrote for Outer Limits (The Glass Hand) was one of the greatest classic SF pieces of all time.....but he is a pisser....
"..but the reason that there's a financial black hole is that the Trillion $ was previously lent to buy houses for people who can't repay."
Bulls**t, you moron, are you one of those compulsive Foxtard viewers?? Geez, get with the data, clown turd.
There were only a few billion dollars at most with regard to mortgage defaults (and the residential mortgage market isn't even a blip on the derivatives cascading meltdown screen), nimrod.
So can the Fox News receptable figure out why several billions will cause trillions in cascading meltdowns??? Simple arithmetic, dood, it's called SHAM MATH.....
There's an excellent article on the recent Wired issue covering this - "derivatives for dummies" or something like that -- note the salient phrase:
"..an unlimited number of credit default swaps can be written against one borrower."....
Starting to sink in, lowbrow????
And yes, Standard & Poor, in collusion with Bush's Office of the Comptroller of the Currency, did enact a recondite Bank Act of 1863 to preempt individual state anti-predatory lending laws and consumer protech laws, but the Law of Fraudulent Conveyance still holds true.
And yes, Markit did do fraudulent "mark-to-market" valuations on all those junk derivatives.....
Bravo! The very best documentation exemplifies brilliance. The first great documentation I came across was the Perkin-Elmer 8/32 processor manual. Absolutely brilliant.....
The vast majority of retail stores are going away. They are being killed by internet shopping. This is not a bad thing.
Wrong, douchebag #2.
The bookstore pays local commercial property taxes..the bookstore employs locals....I could go on and on covering various local categories..but you appear woefully ignorant about these matters.
Any suggestion after ALL the confirming data is now in, that globalization is "not a bad thing" - along with all those forms of commercial consolidation meant to lower wages and increase the wages and perks of senior management -- can't be disputed by even the dumbest among us.
Chuck Norris only plays Special Forces types in the movies, he was Mental Category Four in the USAF.
Dood, didn't you get the memo? Capitalism is over.
The entire derivative market is a scam (Yeah...I know...nobody's supposed to understand those EXOTIC financial instruments and math -- it's called a SHAM, BTW). Those sociopathic greedheads on Dole Street (formerly WAll Street - but now they're all on the dole) got billions for nothing.....
Is this Phil Gramm??? Come on...it is Phil Gramm, isn't it??
Weren't you John McTard...oops, I mean John McCain's economic advisor on his failed run for the prez???
Are you still vice-chairman of UBS?? Boy oh boy, you really are a Swiss banker, aren't you......and you're the clown who passed that Financial Services Modernization Act that screwed up everything royally....and also that Commodity Futures Modernization Act that was the coup de grace (that's French, you Texas 'tard!!).
BTW, death to Swiss bankers and lest we forget, Chuck Norris ONLY played Special Forces types in his films, he WAS Mental Category Four, after all......
That is the BARD!! Absolutely! I recognize the guy from waaaaaaay back when we shared a night of fish & chips, kidney pie and some truly godawful ale.
That's the dood, alright. I remember that one tavern wench who dared bet me I couldn't pronounce the name of that Welsh town, llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch.
And when she lost, boy did she ever pay up....best bet I ever made...what we were posting about...I forgot....
Dood, you sound like an ethical Democratic socialist? Instead of those Socialist Plutocrats that don't want any of the rest of us to enjoy their "trickle down" socialism. Why haven't they changed the name of Wall Street to Dole Street (as in On-The-Dole Street, as that is what they are)?
[Bloomberg files FOIA against Federal Reserve about use of $2.2 trillion -- inquiring minds wonder why would anyone think of filing an FOIA against a private concern - it is only legal against federal agencies, you Bloomberg BSers!!!]
Because, douchebag, you are sowing the seeds of your own demise.
Buy from a national chain, and the money flows outward, probably never to return to your region/city/neighborhood.
For every $100 spent at a national book chain, only an infinitesimal amount remains locally (something like $10 or so). Buy from a local book store, and at least $45 remains in your neighborhood.
Which means more employment, etc., etc. Dig????
And in the present economy - which will take from 10 to 20 years to rebound from, if they immediately get rid of Geithner, Bernanke, Summers, et al., and send in the military to all the offshore tax havens (or finance centers) and confiscate all those records for American and American-based multinationals who refuse to pay their taxes (73% at last count) by utilizing the process of "money laundering"......we need every extra bit we can squeeze out of it.
OK - I am in agreement with all the posts, NO US government agency can be trusted in this matter.....(I just wanted to make those points about the soulless one, Cheney.....)
Outstanding comments by both Knuckles and Z00L00K.
One must always look at the backgrounds of the "fellows" at RAND (and every other "stink tank") prior to reading their "studies"....
Whenever a BUSH invades a country, the drug trade increases substantially (note falling cocaine processing production in Panama - under their, then present, and previous presidents - then Bush Senior invades and once again it sky rockets upwards).
Just as with the present US Secretary of the Treasury, Geithner, it pays to research his background: previous employee of Kissinger and Associates, memberships in the Group of Thirty, Council of Foreign Relations, and Bank of International Settlements.
The Turkish intelligence report on al Qaeda posited it as an ongoing intel operation, with some of its operatives working for Pakistani intelligence, some for British intelligence, some for American intelligence, etc.
For the record, the NSA concerns itsel with ALL intel, not simply military. In fact, the majority of its intel covers both corporate, commercial as well as civilian....
Gee whiz??? Would this be the same NSA, formerly directed by one General Hayden, who approached Congress immediately after 9/11/01 attacks for emergency funds, which he then used for the two top actions (this is public record, dood!):
Outstanding points all. While I have little faith in any US agencies at present, I do recall that the USAF Intelligence officially went on record, prior to the illegitimate Iraqi invasion by Cheney/Bush, as to their complete disagreement with Cheney's doctored CIA intel on the matter.
Also, awhile back when the USAF created its Cyber Security Command (or something like that), Cheney immediately shut it down.
Good recommendations all for the USAF being in charge of cyber security.....
Not quite right, IBM sold the actual licensing (just check the original contract docs) to the IBM-financed DOS to Gates - DOS's development IBM had underwritten. You are talking about something which occurred later in the time sequence. Principally by that deal, Akers took IBM from the number one company - by valuation - on the planet to number 50, while M$ became.....
And M$'s sole license of DOS allowed it the position as if one engine company made the automotive engines for all the world's cars --- easily the best licensing deal yet in human history.....
Given the Wall Street Jihad (you know, those Group of Thirty guys, operating through the Wolfsberg Group members, and their lower-level operational entities, InterContinental Exchange, TradeSpark, Markit and Markit Wire, etc., screwing us all to hell in their economic "meltdown") will anyone have any money left to afford any electrical grids????
Yeah...I know...and I appreciate the sarcastic comment of your excellent remark, afxgrin, it was highly intelligent and highly appropriate.....
While my first three choices were: (1) Cynthia McKenny, (2) Dennis Kucinich, (3) the Dixie Chicks, I have to say the present Prez hasn't done anything unexpected --- Wall Street (a k a "The Financial-Intelligence Complex") and the Pentagon (a k a "The Military-Industrial-Congressional-Entertainment-Prison-Healthcare Complex") appear to still be in control.
Nothing further need be said on this subject.....
Excellent points all, Good Citizen canajin56. A small amount of the proper explosive or incendiary device distributed among seven IXP sites should be sufficient. (Note I said IXP, not ISP!)
A resounding YES!! The FBI, headed by unindicted co-conspirator to the coverup of the BCCI investigation (and probably the Iran-Contra affair as well, when he was head of the Justice Department's criminal division - appointed by George H.W. Bush), Director Robert Mueller, is the last person in America I would trust with any investigation. The fact that they have time for such matters, when they should be pursuing the war criminals of the Bush Adminstration and the financial fraudster super-crooks on Wall Street, is truly mind-boggling......
The REAL reason McSoftware needs those billions is in order to compete with IBM on IBM's latest patent submittal (and immediate withdrawal after the publicity it generated - and this be the second go around on this patent) for an Offshoring Software System (software to realize the most tax breaks when offshoring all those American jobs, you see?). M$ simply believes it should receive taxpayer funds in order to keep offshoring all those jobs, just like JP Morgan Chase, Citibank, BankofAmerica, Goldman Sachs, AIG and Morgan Stanley.
Any questions?????
Except for one item from the article, morgan_greywolf, which is that CIA clown-spook claiming that Prez Hugo Chavez (whom the NEOCONS have been gunning for forever, as he's for the people, not owned by Korporate AmeriKa) is guilty.
Strange...coming from a country which has attempted to assassinate Chavez at least twice. Can you say CHENEY Executive Asssassinations????
Remember, when the Group of Thirty say buy derivatives, countries buy derivatives......
You are correct, of course. I know this as I attended Dartmouth.....
"The building had a failure mode that could be exploited by heat (weakening the floor structures, which braced the supporting walls against buckling, so the floors would drop away and leave the walls unbraced) and the planes were fully fueled and banked just before impact so their fuel would be deposited on several consecutive floors.
Dood, you are soooo right...of course those terrorists were super-geniuses with the world's most superior intelligence network - or how else could they have planned and fully utilized those six, or is it now seven, military and civilian exercises, taking place at the SAME EXACT TIME FRAME, which all appeared to have originated from either DOD (Rumsfeld) or the Office of the VP (Cheney)???
I especially appreciated that exercise involving the evacuation of the NRO so that the geostationary satellite observing the mid-Atlantic east coast area couldn't be tasked on the NYC World Trade Center attack site (would have involved human operator tasking direction). And forward positioning 98% of American fighter-interceptors to Alaska, Northern Canada and Greenland....who could have ever foreseen......
Gee whiz, those terrorists think of everying......
Yeah...but that original eposide he wrote for Outer Limits (The Glass Hand) was one of the greatest classic SF pieces of all time.....but he is a pisser....
Bulls**t, you moron, are you one of those compulsive Foxtard viewers?? Geez, get with the data, clown turd.
There were only a few billion dollars at most with regard to mortgage defaults (and the residential mortgage market isn't even a blip on the derivatives cascading meltdown screen), nimrod.
So can the Fox News receptable figure out why several billions will cause trillions in cascading meltdowns??? Simple arithmetic, dood, it's called SHAM MATH.....
There's an excellent article on the recent Wired issue covering this - "derivatives for dummies" or something like that -- note the salient phrase:
"..an unlimited number of credit default swaps can be written against one borrower."....
Starting to sink in, lowbrow????
And yes, Standard & Poor, in collusion with Bush's Office of the Comptroller of the Currency, did enact a recondite Bank Act of 1863 to preempt individual state anti-predatory lending laws and consumer protech laws, but the Law of Fraudulent Conveyance still holds true.
And yes, Markit did do fraudulent "mark-to-market" valuations on all those junk derivatives.....
Agreed! Plus, you may have missed the photo of those 23-year-old researchers high-fiving at their study results.....
Bravo! The very best documentation exemplifies brilliance. The first great documentation I came across was the Perkin-Elmer 8/32 processor manual. Absolutely brilliant.....
Wrong, douchebag #2.
The bookstore pays local commercial property taxes..the bookstore employs locals....I could go on and on covering various local categories..but you appear woefully ignorant about these matters.
Any suggestion after ALL the confirming data is now in, that globalization is "not a bad thing" - along with all those forms of commercial consolidation meant to lower wages and increase the wages and perks of senior management -- can't be disputed by even the dumbest among us.
Chuck Norris only plays Special Forces types in the movies, he was Mental Category Four in the USAF.
The entire derivative market is a scam (Yeah...I know...nobody's supposed to understand those EXOTIC financial instruments and math -- it's called a SHAM, BTW). Those sociopathic greedheads on Dole Street (formerly WAll Street - but now they're all on the dole) got billions for nothing.....
Weren't you John McTard...oops, I mean John McCain's economic advisor on his failed run for the prez???
Are you still vice-chairman of UBS?? Boy oh boy, you really are a Swiss banker, aren't you......and you're the clown who passed that Financial Services Modernization Act that screwed up everything royally....and also that Commodity Futures Modernization Act that was the coup de grace (that's French, you Texas 'tard!!).
BTW, death to Swiss bankers and lest we forget, Chuck Norris ONLY played Special Forces types in his films, he WAS Mental Category Four, after all......
That is the BARD!! Absolutely! I recognize the guy from waaaaaaay back when we shared a night of fish & chips, kidney pie and some truly godawful ale.
That's the dood, alright. I remember that one tavern wench who dared bet me I couldn't pronounce the name of that Welsh town, llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch.
And when she lost, boy did she ever pay up....best bet I ever made...what we were posting about...I forgot....
[Bloomberg files FOIA against Federal Reserve about use of $2.2 trillion -- inquiring minds wonder why would anyone think of filing an FOIA against a private concern - it is only legal against federal agencies, you Bloomberg BSers!!!]
Because, douchebag, you are sowing the seeds of your own demise.
Buy from a national chain, and the money flows outward, probably never to return to your region/city/neighborhood.
For every $100 spent at a national book chain, only an infinitesimal amount remains locally (something like $10 or so). Buy from a local book store, and at least $45 remains in your neighborhood.
Which means more employment, etc., etc. Dig????
And in the present economy - which will take from 10 to 20 years to rebound from, if they immediately get rid of Geithner, Bernanke, Summers, et al., and send in the military to all the offshore tax havens (or finance centers) and confiscate all those records for American and American-based multinationals who refuse to pay their taxes (73% at last count) by utilizing the process of "money laundering"......we need every extra bit we can squeeze out of it.
What economy? The economy is over....
What part of this don't the blithering idiots understand??????
OK - I am in agreement with all the posts, NO US government agency can be trusted in this matter.....(I just wanted to make those points about the soulless one, Cheney.....)
Outstanding comments by both Knuckles and Z00L00K.
One must always look at the backgrounds of the "fellows" at RAND (and every other "stink tank") prior to reading their "studies"....
Whenever a BUSH invades a country, the drug trade increases substantially (note falling cocaine processing production in Panama - under their, then present, and previous presidents - then Bush Senior invades and once again it sky rockets upwards).
Just as with the present US Secretary of the Treasury, Geithner, it pays to research his background: previous employee of Kissinger and Associates, memberships in the Group of Thirty, Council of Foreign Relations, and Bank of International Settlements.
The Turkish intelligence report on al Qaeda posited it as an ongoing intel operation, with some of its operatives working for Pakistani intelligence, some for British intelligence, some for American intelligence, etc.
For the record, the NSA concerns itsel with ALL intel, not simply military. In fact, the majority of its intel covers both corporate, commercial as well as civilian....
1) Hiring a boatload of polygraph examiners, and
2) Hiring a bunch of new security guards.....
Outstanding points all. While I have little faith in any US agencies at present, I do recall that the USAF Intelligence officially went on record, prior to the illegitimate Iraqi invasion by Cheney/Bush, as to their complete disagreement with Cheney's doctored CIA intel on the matter.
Also, awhile back when the USAF created its Cyber Security Command (or something like that), Cheney immediately shut it down.
Good recommendations all for the USAF being in charge of cyber security.....
Not quite right, IBM sold the actual licensing (just check the original contract docs) to the IBM-financed DOS to Gates - DOS's development IBM had underwritten. You are talking about something which occurred later in the time sequence. Principally by that deal, Akers took IBM from the number one company - by valuation - on the planet to number 50, while M$ became.....
And M$'s sole license of DOS allowed it the position as if one engine company made the automotive engines for all the world's cars --- easily the best licensing deal yet in human history.....