Tuesday, February 24, 2009

Obama's $2 Trillion (Back-door BAILOUTS) man - Tim Geithner oversaw the FRAUDULENT PUMPING of Stock Markets & banks!

WHAT PART of "FRAUDULENT BANKSTERS get SIX DOLLARS, for EVERY dollar that America's Consumer/Citizen/Taxpayers receive FROM EVERY BAILOUT DOLLAR signed over to the Banksters by the PELOSI 'DEMOCRAT CONGRESS' (and now the Obama "Democratic" administration)" does the Emanuel/Geithner/Rubins/Summers/Obama administration NOT understand??!

PRESIDENT OBAMA thinks he can FINESS the __LOOTING__ of BILLIONS of Taxpayer dollars during the BAILOUTS and ECONOMIC DESTRUCTION leading to the 2008 bailouts as,
"No crime here, nothing to see, move along, move along."
http://scoop.co.nz/stories/HL0903/S00010.htm
--------------------------------------------------------
TIM GEITHNER - Obama's THREE-TRILLION DOLLAR BACKDOOR, mostly secretive Wall Street BANK BAILOUTS MAN !!

OK, first of all, of course, a good portion of the BAILOUTS of the past 6 months have not been "BACK-DOOR" or all that secretive:

#1. the FIRST portion of the AIG bailout(s) was $35 BILLION...
#2. The Fannie-Mae/Freddie-Mac bailouts started around $200 BILLION - (a number roughly seconded here) on, according to this Bloomberg report,
roughly Fannie & Freddie's owning or guaranting nearly SIX TRILLION dollars of mortgages...
#3. Bear Stearns: According to wiki, the government - or at least its proxy, the Fed Reserve Banks - agreed to "the Federal Reserve agreed to issue a non-recourse loan of $29 billion to JP Morgan Chase"
a "non-recourse loan" which wiki continues to explain: "This non-recourse loan means that the loan is collateralized by mortgage debt[20] and that the government can not seize J.P. Morgan Chase's assets if the mortgage debt collateral becomes insufficient to repay the loan."

What is ASTOUNDING about this particular BAILOUT - $29 BILLION guarantees of TAXPYER-DOLLARS - is that the company was SOLD to JPMorgan-Chase.... for just $1.2 billion, which amount (at $10 per share) was FIVE TIMES as much as the original JPM-Chase offer for Bear-Stearns had been (at $2/share)!!!!!!

COULD ANY non-connected Joe Working-stiff in America, get 29-dollars in guarantees, plus an additional 10-dollars in cash, for something that was SO IN DEBT that it was essentially worthless? (much less putting huge strings of zeros behind those cash amounts, going from $10 and $29 to ONE BILLION and $29 BILLION, respectively.)

Let us repeat, "THE GOVERNMENT (Fed), on BEHALF OF TAXPAYERS, put itself ON THE HOOK, for TWENTY-NINE BILLION DOLLARS... for a company that sold for just $1.2 billion, and then, only after lawsuits threatened to expose an even larger can or worms!

NOTE that in RESEARCHING THESE BAILOUT FIGURES, they are HARD TO COME BY...
...you have to do a LOT of DIGGING, read through a LOT of web-pages, read through ALL KINDS of factoids, numbers, opinions (masking as "reporting"), and commentary, just to get at a number "HOW MUCH DID THE BAILOUTS cost?" !!

So anways, the above SUMMER of 2008 BAILOUT numbers (which are far, far from complete) are just a PRELUDE to TREASURY SECRETARY HANK PAULSON's EMERGENCY request/demand/begging of Speaker Pelosi's 110th Congress, for... $700 BILLION in BAILOUTS. (Which we covered here at DemNationUSA back in September.)
So, that right there is nearly ONE TRILLION DOLLARS in SOCIALIZED, taxpayer BAILOUTS DOLLARS - - - that we know about!

BUT!! Those Bush-Pelosi-PAULSON bailouts ARE JUST THE TIP OF THE ICEBERG - even before President Obama was inaugurated in January 2009!
For, at the same time that Treasury Secretary Paulson was DEMANDING $700 BILLION in BAILOUTS at the FRONT DOOR of Congress, Fed Reserve Chairman Ben Bernanke was issuing a $630 BILLION ____BACK DOOR____ bailout to the big banksters,
http://macrobuddies.blogspot.com/2008_09_01_archive.html



THIS is where TIM GEITHNER comes in. For when Ben Bernanke, as Chairman of the Fed, quietly "INJECTS" $630 BILLION into circulation, it must pass through the member banks of the Fed... on its way to commercial and investment bank vaults, which banks put that MONEY IN TO CIRCULATION. That is where Geithner comes in - the CHAIRMAN of the NY Fed Reserve Bank, the BIGGEST, MOST IMPORTANT Fed Reserve Bank of them all.

IT WAS GEITHNER's JOB, to DISBURSE a huge portion of that fed newly created gravy payola "money" to the Big Banks on Wall Street - "money" CREATED OUT OF THIN AIR to PROP UP BANK BANK BALANCES, "money" created out of thin air but with the MANDATORY BACKING of US taxpayers, "MONEY" used to ARTIFICIALLY INFLATE the Stock Market.... and SUCK MORE UNWARY INVESTORS IN, people who thought those BIG NUMBERS and BIG PROFITS were REAL, when in fact they were INFLATED NUMBERS, and especially INFLATED STOCK PRICES, ARTIFICIALLY INFLATED by Fed Reserve "LIQUIDITY INJECTIONS" that found their way into Chase, Citi, Goldman-Sachs, and other big bank vaults!

TIM GEITHNER was helping Ben Bernanke and Hank Paulson RIDE HERD on ARTIFICIALLY INFLATED STOCK PRICES! And while Geithner may never have been a private banker, HANK PAULSON and ROBERT RUBIN most certainly were... and LAWRENCE SUMMERS was a protege of Rubin, as is Geithner!

Now here is our Ace-in-the-hole: the FED had been quietly, but not so secretly, PUMPING ONE TRILLION DOLLARS into the banks, and banking system - INFLATING the money supply, DEFLATING the dollar - for at least a year LEADING UP TO the DISMAL SUMMER of 2008 and its three-quarters of a TRILLION dollars of BAILIOUTS - BEFORE Hank Paulson's "sky is falling" $700 billion request of September 2008, BEFORE Bernanke's "LIQUIDITY INJECTION" of 2008, BEFORE the spring BAILOUTS of Fannie-Mae, Freddie-Mac, AIG, Bear-Stearns, (and god only knows what other BAILOUT BILLIONS we DON'T even know about)
THE FED had ALREADY "INJECTED" ONE TRILLION DOLLARS to PROP UP the BIG BANKS, and (thereby) to PROP UP the OVERLY INFLATED STOCK MARKET - by March of 2008!

ALMOST CERTAINLY, the STOCK MARKET HIGHS of November 2007, were ARTIFICIALLY INFLATED - SUCKING UNWARY INVESTORS IN, by using BACK-DOOR "money" "INJECTIONS" to CREATE THE ILLUSION of GROWTH and PROFITS.

THIS is the DEFINITION of a PONZI SCHEME - using money that APPEARS to be PROFITS, but are NOT profits - and TIM GEITHNER, BEN BERNANKE, HANK PAULSON, LAWRENCE SUMMERS, ROBERT RUBIN, CNBC, the ENTIRE CITI, GOLDMAN-SACHS, and CHASE crew were ALONG FOR THE RIDE - a PREMEDITATED ___"PUMP & DUMP" to SUCK UNWARY INVESTORS IN (the "pump" using ARTIFICIAL "liquidity injections" and the DUMP - CASHING OUT on the day of the Congressional Vote on Bailouts, in order to, #1. TAKE THAT SUCKER INVESTORS CASH _OFF THE TABLE_, and #2. to SPOOK Congress in to HANDING OVER MORE BILLIONS, nay TRILLIONS of TAXPAYER DOLLARS - ABJECT BAILOUT SOCIALISM - because not only were the markets NOT making a PROFIT, but they had become ADDICTED to BACK DOOR BAILOUTS, aka "LIQUIDITY INJECTIONS."
(our tying "inflated stock prices" with "PUMP & DUMP" in part due to this Karl Denninger "the Ticker-Guy.com" pointing out that the markets WERE ALREADY DROPPING, "CNBC news anchors running around the stock floor WANTING A CIRCUIT-BREAKER TRIP DAY' in other words THEY WANTED TO SEE A CRASH, in other words, they WANTED TO SEE THE MARKET THROW A TEMPER-TANTRUM" (in order to EXTORT the Congress into pouring the above TRILLIONS of taxpayer dollars into the market.)
http://www.youtube.com/watch?v=FGpS2qsh_5A


http://scoop.co.nz/stories/HL0903/S00010.htm

Tuesday, February 17, 2009

House Majority Leader Steny Hoyer Urges Speaker PELOSI to STAND UP to OBSTRUCTIONIST Senate Repubs....

In the "It's ABOUT TIME!" department, Congress' #2 House official,
Majority Leader Steny Hoyer (D-MD) is reported to be urging his boss, Speaker of the House Nancy Pelosi, to STAND UP TO the OBSTRUCTIONIST THUGS of the SENATE REPUBLICAN "leadership."
http://www.politico.com/news/stories/0209/18925.html

Yes, the economic crisis in America has gotten SO bad, that "Democratic" 'leaders' Hoyer, Pelosi, Reid, Rockefeller, Biden, Schumer, Feinstein, Lieberman (et al) are now going to HAVE TO STAND UP to Senate Republican ECONOMY-KILLING OBSTRUCTIONISTS, if the Dem "leaders" want to have a PRAYER of going back to their (now terrified of losing their jobs, homes, health-care (etc.)) constituents and saying "WE did SOMETHING to RESTORE the US ECONOMY."

Since the radical Right-Wing Republicans have been TAKING THEIR ORDERS from KARL ROVE, RUSH LIMBAUGH, George W. Bush, and DICK CHENEY these past 8 years -
(yes, Rush Limbaugh HAS been the DE FACTO leader of the Republican Party, since at least he helped push for IMPEACHMENT in 1998, and then pushed and legitimized the STOLEN ELECTION of 2000),

and since Right-Wing Republicans actually DESIRE the GUTTING of America's INDUSTRIAL BASE (so to SABOTAGE high wages and working-class political clout), and since Radical Right Republicans actually DESIRE wage-slave wages, it is LONG PAST TIME for the Democrats in Congress to STOP TAKING _THEIR_ MARCHING ORDERS from the Neo-Con WAR-LOBBY & BIG-FINANCIAL LOBBIES.
(Both of which are, and have been, 100% DEPENDENT on BILLIONS upon TRILLIONS of dollars of BIG GOVERNMENT SPENDING, for DECADES, right-wing "free market" and "private enterprise" propaganda notwithstanding.)


(note: The ENTIRE Right-Wing trillions-of-dollars "military industrial complex" grew, of course, out of America's WWII industrial effort; including nuclear weapons research and post-war rocket research, today morphing from "COLD WAR" military spending on all military items, nuclear & non-nuclear, to today's M.I.C. trillion-dollar behemoth. Which military spending over the past 5 decades broke the previous American historical pattern of DECOMMISSIONING military spending after successful wars.)

Here is Obama administration EIGHT-HUNDRED BILLION "Stimulus" plan, as reported by the NY Times.
http://projects.nytimes.com/44th_president/stimulus
According to Princeton/NYTimes/Nobel prize-winning economist Paul Krugman, the US faces a THREE TRILLION DOLLAR economic contraction between the previous dozen months and the coming dozen months... that is, MORE economic CONTRACTIONS are coming, and this Obama 'STIMULUS' package will only AMELIORATE - not reverse - those losses in coming months.

NOTE #2: NO-WHERE in the above NY "Obama STIMULUS" list, does the Times mention any NEW BANK BAILOUTS spending - which we all KNOW is coming, President Obama unwilling to take the stern task of letting the large banks fall into the BLACK HOLE of their own making, the "DERIVATIVES" and "CREDIT SWAP" 'instruments have NOT even been in discussion these first 3 weeks of the Obama administration, although by some estimates the CREDIT DEFAUL SWAPS and other derivatives malarky is SEVERAL TIMES the GDP of the entire world economy - PAPER worth NOTHING, the BAILOUTS of which would make the current "TAXPAYER TRILLIONS for FAILED BANKERS" bailouts look like CHUMP CHANGE in the "TAX the working stiffs to BENEFIT THE WEALTHY" insanity.

Tuesday, February 10, 2009

GHOULISH Bush admin. SEC & FBI... PROSECUTED Martha Stewart, GAVE FREE PASS to MADOFF's HUGE FRAUD financial Ponzi-scheme!!


HOW GHOULISH is the Right-Wing agenda in America?

Well, the Cheney-Bush administration "Department of Justice" ("Department of Injustice" would be the better descriptor) went hammer & tongs after MARTHA STEWART - to CONVICT Mrs. Stewart for "dumping" $55,000 of ImClone stock,
a stock she had every right to sell, at ANY TIME she desired, on ANY "tip", "leak", or suggestion - FROM ANYONE - that she heard, ANYWHERE, because Mrs. Stewart had NO, ZERO, NADDA fiduciary financial links to ImClone co.

BUT AT THE SAME TIME that the Cheney-Bush "war on America"
federal gulag prosecutors WERE GOING AFTER Mrs. Stewart - THEY WERE GIVING BERNARD MADOFF's BILLION-DOLLARS FRAUD PONZI SCHEME a FREE PASS!
___Despite a whistleblower compiling hundreds of documents on Madoff's FRAUD, and handing that evidence over to the SEC !!___

IF the OBAMA ADMINSTRATION and Pelosi "DEMOCRAT" Congress DON'T HAUL EVERY ONE of those SEC and FBI officials involved in policing the financial markets and prosecuting Mrs. Stewart before Congress to EXPLAIN THEIR GROTESQUE DOUBLE-STANDARD PROSECUTIONS/lack-of-prosecutions, then they - the DEMOCRATS & OBAMA administration - BECOME COMPLICIT to those LYNCH-MOB PARTISAN PROSECUTIONS of Bush-administration designated "enemies," or at least to the WHITEWASHING of that federal prosecution lynch-mob ABUSE of power.


(Which of course is the most obvious comment about official Washington ever - whether "Democrat" or Republican.
Speaker Pelosi and her 'leaders' are FAR MORE CLOSELY CONNECTED to the robber-barons of Wall Street than she & they are connected to working-stiff voters: Pelosi puts it at her HIGHEST PRIORITY generating DONATIONS from BIG DONORS, and no one has more cash to donate to Congressional campaigns than BANKERS, because banks & financial institutions are where the big cash is held - even if, after looting their own vaults, the bankers have to run to Congress, and stick-em-up, for a few HUNDRED BILLION DOLLARS of BAILOUTS, a percentage of which will of course go RIGHT BACK TO CONGRESS - KICKBACKS - as slush-fund "campaign donations".)

Thus it is GUARANTEED that the CORRUPT PELOSI CONGRESS, AND the wet-behind-the-ears Obama administration, WILL PUT A far BIGGER PRIORITY on WHITEWASHING FINANCIAL CORRUPTION, than to exposing & prosecuting well-connected financial fraudsters.)
(Note also, Nobel Prize winning Princeton Econmics professor, and NYT columnist, PaulKrugman castigating the "MALEFACTORS OF WEALTH" on Wall Street & national financial markets... "Malefactors" who have spent the past 3 decades castigating any and all oversight & enforcement over the financial markets - leading directly to massive frauds & meltdowns like the Maddoff crisis, and the even LARGER BoA/Citi/Goldman-Sachs/JPMorgan-Chase fiscal meltdowns, aka "ASSET OVER-VALUATION CRISIS," duh.
Krugman also echoes our previous 3 comments: Pres. Barak Obama is now WALL STREET's BOY, he is HANDING BILLIONS TO THE BANKERS, with ALL other parts of the American economy a DISTANT SECOND, THIRD, FOURTH or Fifth to Obama "Advisors" RUBIN, SUMMERS, GEITHNER, & EMANUEL (etc.) BAILING OUT BAD BANKERS, FIRST!

Krugman: "THE NEW ADMINISTRATION has NOT been very good with coming out with a plan THAT MAKES SENSE TO ANYBODY." (9:51 of video)

Monday, February 9, 2009

Sirota's masterpice: Obama NOW OWNED by the INSANELY GREEDY BANKERS who got America IN this financial wreck -

Jane Hamsher over at FIREDOGlake.com points out that (JPMorgan-) CHASE bank is now EXTORTING its customers for... $120 per year SERVICE FEES (with interest and penalties for those who don't notice and miss a due-date deadline)
http://firedoglake.com/2009/02/09/chase-puts-one-hand-out-for-tarp-iii-uses-other-to-screw-credit-card-holders/
EVEN THOUGH the insanely greedy JPM-Chase bankers were BENEFICIARIES of BILLIONS OF DOLLARS of TAXPAYER SOCIALIZED BAILOUTS, and now the insanely greedy bankers HAVE THEIR HANDS OUT FOR MORE -

And here is Paul Krugman, saying that "the Right-Wing Plantation-slave-owners, and Neo-Conservative Northeast Financial Scam Artists, have pushed the nation's perceptions SO FAR TO THE RIGHT, that the "middle" is now DESTRUCTIVELY RIGHT-WING... and Obama SELLING OUT to the "DESTRUCTIVE MIDDLE", and NOT CRACKING DOWN on TENS of BILLIONS of BAILOUT FRAUD - is DOOMING his own recovery hopes -
http://www.nytimes.com/2009/02/09/opinion/09krugman.html

To which we add, "Barak Obama is now OWNED by the fat-cat bankers....
Mr. Obama has NO more interest in TRACKING DOWN the missing BILLIONS that the bankers EXTORTED from the previous 110th Congress in September of 2008 and have squandered since then, than the bankers themselves do."

Even though one report explains that CITI and AIG, ALONE, were "OVERPAID" some $25 BILLION dollars by previous Treasury Secretary Hank Paulson - $25 billion OVER and ABOVE the $15 BILLION they needed to clean up their mess!

THAT is TWENTY-FIVE BILLION DOLLARS that Obama SHOULD HUNT DOWN, GET BACK, and IMMEDIATELY USE to HALT ALL FORECLOSURES in America, but, again, Obama is now TOO CORRUPTED by Wall Street and DC to lift a finger - to track down STOLEN taxpayer BILLIONS.


Here's Sirota's masterpiece:

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/02/05/EDGO15O7A8.DTL
O's ENTIRE financial/economic team are the mega-bank HIT-MEN who got us in this mess, from Rubins, Summers, Geithner and Emanuel (yep - a multi-millionaire W.St. broker) to the ENTIRE TOP TIER of the Treasury & other economic departments - ALL HOLDOVERS from the Bush-Cheney RADICAL RIGHT WING Republican administration - MONSTER CONFLICTS OF INTEREST with Citi, Chase, Goldman-Sachs, and the other huge banks.

Speaking generically, CHASE-MANHATTEN has historically been SYNONYMOUS with the ROCKEFELLER fortune... as in "Democrat" Senator Jay Rockefeller. As in today's mega-BAILOUT recipient, JPMorgan-CHASE.
Here's the original John D. Rockefeller... hiring strike-breaking "security" goons to .... KILL 20 miners & family members at the Ludlow MASSCRE, April 1914 -
http://en.wikipedia.org/wiki/Ludlow_massacre

Here's G-S.. dishing out BILLIONS in BONUSES __AFTER___ they were bailed out with $13 BILLION TAXPAYER DOLLARS in Sept. 2008!
http://www.dailymail.co.uk/news/worldnews/article-1081624/Goldman-Sachs-ready-hand-7BILLION-salary-bonus-package--6bn-bail-out.html

Here's Cahtherine Austin Fitts - "Financial Coup d'Etat
http://solari.com/blog/?p=2058

If Obama doesn't reject & divorce himself from these cads, QUICK, he will be "IN" on the MULTI-TRILLION DOLLAR LOOTING of American taxpayers and working stiffs... and he will "rightly" be THE FACE Americans come to despise when the PINK SLIPS and EVICTION AGENTS come knocking at the door....
(Just as Right-Wing "shock jocks" of HATE RADIO and Timmy McVeigh __blamed__ "TAX & SPEND, BIG GOVERNMENT Democrats" for the BUSH-1 RECESSION.)
http://www.nytimes.com/2009/02/08/us/08lehigh.html


And here's the ghoulish bankers (and NYT) _gloating_ about their ill-gotten bonuses... back in 2006, AS the MORTGAGE FORECLOSURE CRISIS was starting to unwind! FOR TWO #%$_!! years!
http://www.nytimes.com/2006/12/12/business/12cnd-earn.html
http://www.iht.com/articles/2006/12/13/business/goldman.php
http://www.nytimes.com/2006/12/20/business/20wall.html

The bankers did NOTHING about the looming & growing FORECLOSURE CRISIS... KNOWING that they could run to the Pelosi Congress, point a gun at their heads, and say, "GIVE US TRILLIONS $$" and the cowardly, corrupt Democrats would do exactly that.

(Bankers doing NOTHING about the _metastasing_ FORECLOSURE CRISIS Gnawing away at the VERY FOUNDATION of their over-valued "assets" upon which their overblown "profits" were based.... would be like a firefighter smelling smoke from a kitchen fire downstairs at his own house... and being too lazy to get up to put the fire out! )

Sunday, February 8, 2009

Obama CORRUPTION: Taking up where Bush & Cheney left off, HANDING BILLIONS of TAXPAYER dollars TO the DAMN Bankers...

Obama - BRIBED and SEDUCED by America's RULING CLASS -

HOW can Barak Obama be SO CLUELESS ?? HOW can he allow himself to become SO CORRUPTED within the first two weeks of his presidency?


Well, we all KNOW the answer to that question..... for all his accomplishments at raising tens of millions of dollars from "SMALL DONORS" in his 2008 presidential campaign, Mr. Obama realizes that "TENS of MILLIONS of DOLLARS" is CHILD's PLAY... CHUMP CHANGE.... compared to the TENS OF BILLIONS of dollars that change hands every day between the "investors," bankers, and financial managers on Wall Street and the other major corporations throughout the world.

OBAMA has, like Speaker of Congress Nancy Pelosi and President Bill Clinton before him, BECOME SEDUCED by BIG MONEY and the WAR-LOBBY, the so-called New York and Washington, DC "ESTABLISHMENT."

The most GLARING proof of this is that in September 2008, SENATOR Obama VOTED FOR the $700 BILLION "BAILOUTS" package for Wall Street banks that then President Bush's Secretary of Treasury, HANK PAULSON, and the Bush administration were requesting, nay, DEMANDING from Speaker Pelosi and the Democratic Congress.

WITH the oncoming elections of November 2008, and smelling blood-in-the-water - the opportunity, but not certainty, for Democrats to pick up seats in that coming election - Pelosi and her Democrat "leaders" did not want to allow Republicans and the Bush administration to portray the Democratic Congress as contributing in any way to the FINANCIAL MELTDOWN, so Pelosi and her Democrats ROLLED OVER for EVERY fiscal, bailout, budget-busting boondoggle request that Bush, Paulson, and their friends on Wall Street and in the nation's largest banks (for example, Bank of America is headquartered not on Wall St. but in North Carolina) dreamed up.

So using TENS upon HUNDREDS of BILLIONS of TAXPAYER DOLLARS, Pelosi, Obama, and the Democrats BOUGHT themselves an election. Big Deal! The ONLY reason the Democrats have been entrusted with power by the American public is because, after 8 years of the Democrats CAVING IN to the Republican administration on at EVERY TURN, it is now clear to 75% of the American people that the Right-Wing Republican policies and agenda ARE A DISASTER for America.
The Democrats are NOT so much the party of the SPIRITED OPPOSITION, but are instead the party of the LESS atrocious alternative.

Which brings us to President Barak Obama. Despite the TENS of MILLIONS of "COMMON" American citizens who powered his election to the presidency, and despite the hundreds of thousands who stood out in the cold that January morning to see him sworn in, President Obama has expressed ZERO interest in... TRACKING DOWN where all the BILLIONS of TAXPAYER DOLLARS he voted to authorize for Treasury Secretary Paulson's "TARP" program have gone!!!

WHAT THE HELL IS WRONG with Mr. Obama ???

THAT IS REAL MONEY that has GONE MISSING, and NOW Mr. Obama wants the American public..... TO FORK OVER ___ANOTHER___ TRILLION DOLLARS in NEW "stimulus" give-aways, the LIONS SHARE of which are..... MORE TAX-CUTS FOR THE WEALTHY, and MORE BAILOUTS for CORRUPT, INCOMPETENT, FRAUDULENT, ghoulish bankers!!

In our previous post, we asked, "Is President Obama DELUSIONAL?" and we mean it.

HOW the HELL can he be SO DAMN ARROGANT, SO SEDUCED by THE RULING CLASS, that he offers NO APOLOGIES to Americans (in fear of losing their jobs) for the BOTCHED $350 BILLION bailouts that Treasury Secretary Paulson SQUANDERED.... and now Obama wants to put TAXPAYERS on the HOOK for MORE TRILLIONS of bailout dollars for failed, arrogant, corrupt bankers, even while throwing his hands in the air and saying in effect "I AM TOO UNPRINCIPLED and/or WEAK and INCOMPETENT to know where the _PREVIOUS_ $800 BILLION of taxpayer dollars have gone" ?!!!

note: "GHOULISH" _IS_ the operative word here for America's INSANELY CORRUPT, ARROGANT, entitled, cruel bankers and their MEDIA WHORES: HERE is GOLDMAN-SACHS and the NEW YORK SLIMES.... GLOATING about their "BILLION DOLLAR BONUSES" in.... DECEMBER, CHRISTMAS of 2006!

New York Times and Goldman-Sachs GLOAT about their... DECEMBER 2006 BONUSES -
http://www.nytimes.com/2006/12/12/business/12cnd-earn.html
http://www.nytimes.com/2006/12/20/business/20wall.html
http://www.iht.com/articles/2006/12/13/business/goldman.php
EVEN AS the credit/mortgage/FORECLOSURE CRISIS starts to GNAW AWAY at the very FOUNDATION of their vastly OVERSTATED portfolios - the "assets" - the over-valued "bundled securities" that were the source of their OVERSTATED PROFITS !!

THIS WEEK, the GHOULISH, COMPLICIT, CORRUPT New York Slimes FINALLY takes notice: PEOPLE BEING __EVICTED__ FROM THEIR HOMES, are REAL PEOPLE, and not some ANONYMOUS journal entries on some Nazi concentration-camp commander's new arrivals death list.
In Florida, Despair and Foreclosures
NY Slimes, Feb. 7, 2008
http://www.nytimes.com/2009/02/08/us/08lehigh.html

(The photo shows a woman standing, amidst a pile of trash, standing forelornly in front of the home in Ft. Meyers, Florida, that she and her husband owned for EIGHTEEN YEARS.. before being EVICTED this week.

BILLIONS for FRAUDULENT BANKERS, NOT A DIME for HOMEOWNERS ROBBED by A DOZEN YEARS of MASSIVE FINANCIAL FRAUD!


You can look far and wide in the December '06 and January 2007 editions of the NEW YORK SLIMES from that period to FIND ANY REAL CONCERN for American homeowners FORCED OUT OF THEIR HOMES... EVICTED... by the GHOULISH bankers. Who, for the next two years, WOULD DO NOTHING to AMELIORATE or reduce the impact of the FORECLOSURE/EVICTION crisis... but bankers who WOULD RUN to their CAPTIVE WHORE CONGRESS, and DEMAND TENS upon HUNDREDS of BILLIONS of dollars in "BAILOUTS" !!!!!

The ONLY way that America's ruling elite could get away with this transparent and oh-so-ghoulish agenda was because their bought-and-owned Media Whores - HELPED COVER UP the basic facts, THERE HAS BEEN _NO_ real transparency for the past 8 years!
The NEW YORK SLIMES puts out DOZENS of articles on "WALL STREET PROFITS" and "BONUSES!" and vastly overstated "EARNINGS" - while all but CENSORING the REAL PEOPLE who suffer the hammer-blows of America's ruling class "DISASTER CAPITALISM" i.e. VULTURE capitalism, i.e. LOOT THE WORKIN' STIFFS, and when all else fails, RUN TO CONGRESS and SHAKE 'em DOWN for MORE TRILLIONS of consumer/TAXPAYER dollars"!!!