Saturday, April 11, 2009
Those Responsible Few.
This lists the 25 people most responsible for the financial meltdown in recent months in this country...or as I like the call them, the treasonous, greedy few.
These are the archetypes that more often than not like to consider themselvesas masters of the universe types from years gone by, rail barons, oil magnets, land owners, etc, etc.
Except these people really don't produce or manufacture anything for society on the whole...just push paper and I.O.U.s back and forth for profit.
Here let me name the top 14 of them so you and I can direct your empty stomachs and guilty gaze upon them.
1. Aneglo Mozilo - Why haven't you ever heard of him? Because he is way richer that you can ever dream of being. Founded Countrywide mortgage. Gave money to unqualified borrowers as standard operating practice. Sold Countywide to Bank of America which now has to settle the $8.7 billion in legal charges filed against Countywide by 11 states.
2. Phil Gramm - Chairman Senate banking committee 1995-2000
Repealed those pesky laws invented during the depression to separate commercial banks and Wall Street.
3. Alan Greenspan - Federal reserve chairman.
Alan just knew that financial institutes could be trusted to regulate themselves, advised the government in just such a manner.
4. Chris Cox - Former SEC chief, people tried to tell him about the Madoff-Ponzi scheme, it fell on this man's deaf ears.
5. American Consumer - Time states we are rall esponsible for living beyond our means, I don't agree with this. Time Magazine hasn't been to my house for Friday night baloney and water dinners.
6. Hank Paulson - Treasury Secretary in 2006, convinced Congress to throw $700 billion at the financial problem with zero effect...good job with my money Hank.
7. Joe Cassano - Got AIG involved in Credit Default Swaps. In layman's terms, convinced AIG to bet heavily that people will spend beyond their means forever and ever and ever. That cost us about $150 billion so far to keep AIG afloat.
8. Ian McCarthy - CEO of Beazer homes, they were leaders in predatory lending practices from 2000 and on in this country, but don't expect to see Ian in court anytime soon. Criminal law is for the unwashed masses, not Ian.
9. Frank Raines - Ran Fannie Mae, left during an accounting scandal and investigations into sub prime securities, he won't be going to court anytime soon either, he worked for Bill Clinton.
10. Kathleen Corbet - Standard and Poors AAA ratings came from this lady and apparently she handed them out like tic-tacs on Halloween. Her crime? Obliviousness and under qualification.
11. Dick Fuld - My personal favorite, Dick directed Lehman deeply into the sub prime lending business. Which is all now toxic debt and mostly responsible for creating "zombie banks".
Why is Dick my personal favorite? Because he got paid $500 million to help put his country into a financial tailspin that may take decades for it's poorest citizens to pay their way out of.
This guy makes the Grinch look like Tinkerbell....what a turd. You won't see him in prison anytime soon either, why? $500 million buys a lot of lawyers.
12. Marion and Herb Sandler - Bankers who got rich on Adjustable Rate Mortgages then sold the toxic debt to Wachovia..they made $2.3. Billion by bilking their fellow US citizens.
13. Bill Clinton - The prosperity he enjoyed during his Presidency was a side effect of his deregulation policies concerning financial institutes. Now either he knew that the bubble would pop one day or that he was just stupid remains to be seen but don't forget he did go on national TV and lie to every citizen in this country about a blow job.
14. George W. Bush - George embraced deregulation like the head of a $10 hooker. Actually blocked efforts by SEC head William Donaldson to regulate hedge funds, Williamson resigned because of it. George's inadequacy has done more harm to this country in 8 years than any attack by foreign forces has in 200 hundred years.
Time magazine once again did a great job on this...now when you hear the news about how the unnamed financial types did this to us you can put some faces on it.
Madoff is in the list too for obvious reasons but as far as I know the only one facing any serious media attention or criminal investigation because he fucked rich people and celebrity types...anyone who fucked the little people up the bunghole apparently gets away with it.
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Friday, November 28, 2008
George Bush Declares Self Retarded

Bush Weighs In on His Legacy
As the clock ticks down on his days in the White House, President George W. Bush is taking part in one of his last presidential rituals — helping to shape the perception of his years in office.
In an interview conducted earlier this month by his sister, Doro Bush Koch, Mr. Bush said he wanted to be remembered “as a person who, first and foremost, did not sell his soul in order to accommodate the political process.”
“I came to Washington with a set of values, and I’m leaving with the same set of values,” Mr. Bush said. “And I darn sure wasn’t going to sacrifice those values; that I was a President that had to make tough choices and was willing to make them. I surrounded myself with good people. I carefully considered the advice of smart, capable people and made tough decisions.”
In excerpts of the interview released by the White House, Mr. Bush did not explicitly mention the Sept. 11 terrorist attacks or the war in Iraq, which many would consider to be the defining moments of his presidency.
But he said he wanted to be known “as somebody who liberated 50 million people and helped achieve peace; that focused on individuals rather than process; that rallied people to serve their neighbor; that led an effort to help relieve HIV/AIDS and malaria on places like the continent of Africa; that helped elderly people get prescription drugs and Medicare as a part of the basic package; that came to Washington, D.C., with a set of political statements and worked as hard as I possibly could to do what I told the American people I would do.”
Source
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Saturday, November 22, 2008
Big 3 Threatens To Take Ball And Go Home




Democrats to automakers: Prove you can repay $25 billion
Democratic leaders in Congress called on Detroit's automakers Friday to submit "credible" financial plans to lawmakers by Dec. 2 for spending up to $25 billion in government money, including vows for "significant sacrifices" by top executives.
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A letter from House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., came just hours before the Wall Street Journal reported on its Web site that General Motors Corp.'s board of directors had put an eventual bankruptcy filing into its range of options.
Source
The Journal, citing unnamed sources, said the board was willing to consider "all options" for GM, which has said it could be near the minimum amount of cash it needs to operate by the end of the year. The story said the board's position on a potential filing put it in "rare disagreement with Chairman and Chief Executive Rick Wagoner."
Wagoner had told Congress this week that bankruptcy is not practical for the company because people wouldn't buy vehicles from a bankrupt company.
"I am very optimistic and hopeful that they have gotten the message that they just can't come and say, 'Give us this,' " Pelosi said Friday. "How do we tell the American taxpayer it was worthwhile to put this in not as a life support for a few more months and then they are back again, but as an investment in their viability?"
According to the letter, automakers will have to explain their financial position, how they plan to spend the money and the assumptions behind their assurances that any loan will be paid back. General Motors Corp., Ford Motor Co. and Chrysler LLC consumed nearly $18 billion in cash last quarter, and analysts have said GM and Chrysler could run short of cash by the end of the year.
The terms for any loan are to mirror the conditions set in a draft bill released by Rep. Barney Frank, D-Mass., earlier this week. Among them: The government debt takes precedence among the company's other loans; automakers have to provide warrants or stock to the government, and if the automaker's plan appears off track, the government can call its loan back immediately. Automakers also must promise to meet the fuel economy standards set in last year's energy bill.
And Congress promises to limit executive pay, bonuses and other benefits of top executives, who were roundly criticized after flying corporate jets to two days of hearings this week and providing what many lawmakers called stilted, incomplete answers.
Reid and Pelosi shut down a last-minute attempt at a compromise rescue Thursday, saying there were not enough votes in either side of Congress to pass a bill backed by Michigan's Democratic senators and key Republicans. That bill would have taken $25 billion in loans for building more efficient vehicles that Congress approved in September and lent it to the automakers immediately, an approach backed by the Bush administration.
Pelosi again suggested Friday that the Bush administration had the power to help the industry without Congress acting by using money from the $700-billion financial industry bailout. She also suggested that the automakers' finance arms could have access to an additional $25 billion under that program. And she promised not to use the $25 billion approved for retooling plants as a short-term lifesaver for the industry.
"It is like taking your kids' college education fund and spending it on your credit card bills," she said.
All Detroit automakers have committed to sharing their plans with Congress, but were seeking more guidance about how much detail they would need to share.
It was still not clear Friday whether lawmakers would question the basic business assumptions made by the automakers -- who have said they don't expect U.S. sales to rebound until 2010 at the earliest. Several analysts have warned that without steep cuts, Detroit automakers would continue burning through cash even when the economy revived.
Pelosi made clear Friday that she wanted proof the automakers were making progress on building fuel-efficient models, not just slashing costs to survive the roughest period in their history and using taxpayer dollars to bail water from a sinking boat.
"Their viability is not just about tightening the belt, which is important; it is about a decision to compete and to innovate," she said, adding, "The behavior of the past generation in terms of Detroit has not produced the preeminence that we would like to see."
GM, which has said it could be near the minimum amount of cash it needs to operate by the end of the year.
Idle threats my friends, I could probably name 100 ways for them to save money immediately and I don't even work there. I am betting you could as well.
Wagoner had told Congress this week that bankruptcy is not practical for the company because people wouldn't buy vehicles from a bankrupt company.
Uh hello dumb ass...no one is buying your vehicles because you laid them all off, no one has a job to buy your crappy line of junk and the ones that do have jobs are now so overburdened by taxation they won't be buying anything for a decade either...what a tool.
"I am very optimistic and hopeful that they have gotten the message that they just can't come and say, 'Give us this,' " Pelosi said Friday. "How do we tell the American taxpayer it was worthwhile to put this in not as a life support for a few more months and then they are back again, but as an investment in their viability?"
Wake up call Nancy Pelosi, your head is in the sand...you just gave 700 billion to the investment industry...these jackasses are only asking for 25 billion and you make them do the whole dog and pony show...where the hell was your smart mouth when the finance industry asked and received without question? Getting your hair done or something...what a tool.
provide warrants or stock to the government,
How about make the executives give the taxpayer their Class A stock option packages? That worthless public stock the government wants is just that...worthless.
Automakers also must promise to meet the fuel economy standards set in last year's energy bill.
Puleeze! There has been mpg legislation for decades. The automotive industry just ignores it. Period.
And Congress promises to limit executive pay, bonuses and other benefits of top executives, who were roundly criticized after flying corporate jets to two days of hearings this week
If this isn't the pot calling the kettle black I don't know what is. Congressmen and Senators get so many perks for their "public service" it isn't even funny...the fact the the auto execs flew their jets in just shows how out of touch with the reality of regular people they are.
Pelosi again suggested Friday that the Bush administration had the power to help the industry without Congress acting by using money from the $700-billion financial industry bailout.
Jesus Christ! Why is everyone throwing around our money like this? I don't want to bail out the finance industry OR the automotive industry and Nancy here is saying why didn't you ask Daddy first?
All Detroit automakers have committed to sharing their plans with Congress, but were seeking more guidance about how much detail they would need to share.
This is just a smoke screen. They don't want to be answerable at all to the Government. By asking for more detail from the government you might as well throw the whole request into legislation hell.
It will take the government a decade for them to decide they want the reports in 10 pt font and not 12, let alone what content they want.
It was still not clear Friday whether lawmakers would question the basic business assumptions made by the automakers -- who have said they don't expect U.S. sales to rebound until 2010 at the earliest. Several analysts have warned that without steep cuts, Detroit automakers would continue burning through cash even when the economy revived.
If they are "burning through cash" shouldn't they then fail? I mean if you or I "burn through cash" and don't pay our bills what happens?
Everyone is terrified of the auto industry failing, I say let it fail. Yes it would be a bitter pill to swallow but it would put us on the road to recovery quicker than having it happen anyway over the next two decades in chunks of 25 million a pop.
I guarantee you this...this will NOT be the last time the auto industry asks for money if you give it to them now and I would say the same for the financial infrastructure institutions...shit they are already saying the financial institutions will need more than the 700 million and they haven't even received on it yet.
"Their viability is not just about tightening the belt, which is important; it is about a decision to compete and to innovate," she said, adding, "The behavior of the past generation in terms of Detroit has not produced the preeminence that we would like to see."
Again..then let them fail.
Business 101 says if they cannot compete and fail to innovate then they fail.
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Wednesday, November 12, 2008
Bush Administration Backs Away From The Game


The Bush administration on Wednesday largely abandoned its plan to buy up toxic mortgage assets and said it will focus its $700 billion financial bailout fund on making direct investments in financial institutions and shoring up consumer credit markets.
The U.S. Treasury Department initially promoted the financial rescue package approved by Congress last month as a vehicle to buy illiquid mortgage assets from banks and other institutions to spur fresh lending.
However, that plan never got off the ground and U.S. Treasury Secretary Henry Paulson told a news conference asset purchases were not the most effective use of the funds.
Source
_____________________________________________________
And there you have it folks...all wrapped up in a tidy little blurb.
The Bush administration cannot act because it doesn't know what to act on.
The Bush administration is like a fireman with a bladder problem trying to pee on a campground full of small fires all the while a forest fire is ringing him in.
Thank God we currently aren't under enemy attack...the lightning response even forth graders know we need so badly for the national economy is a "work in progress" as far as this administration is concerned.
Why should we expect more though really?
This is why they buried us in debt and are now on they're way out as possibly the most reviled American administration in history.
It's not anything anyone did to them...it's what the did to themselves or rather what they could never do....govern intelligently or responsibly.
Goodbye Mr. Bush...history will indeed vindicate you...but why wait?...just ask people what they think of you right now.
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Friday, October 10, 2008
Some Bush Rose Garden Rhetoric

Detroit Daily News Prediction vs. Reality
Original post
Well here are (were) my predictions:
- Bush will say he has decided to take decisive action.
- Bush will say everything will be ok in the long run but we have to "tough it out".
- Bush will say the new legislation will slow down any down turn ( he won't say it will stop it or reverse it.)
- And of course the obligatory "Goodbye and God Bless".
Below I have highlighted my correct guesses from the white house transcript.
Source
President Bush Discusses the Economy
Rose Garden
10:25 A.M. EDT
THE PRESIDENT: Good morning. Over the past few days, we have witnessed a startling drop in the stock market -- much of it driven by uncertainty and fear. This has been a deeply unsettling period for the American people. Many of our citizens have serious concerns about their retirement accounts, their investments, and their economic well-being.
Here's what the American people need to know: that the United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets. We are a prosperous nation with immense resources and a wide range of tools at our disposal. We're using these tools aggressively.
The fundamental problem is this: As the housing market has declined, banks holding assets related to home mortgages have suffered serious losses. As a result of these losses, many banks lack the capital or the confidence in each other to make new loans. In turn, our system of credit has frozen, which is keeping American businesses from financing their daily transactions -- and creating uncertainty throughout our economy.
This uncertainty has led to anxiety among our people. And that is understandable -- that anxiety can feed anxiety, and that can make it hard to see all that is being done to solve the problem. The federal government has a comprehensive strategy and the tools necessary to address the challenges in our economy. Fellow citizens: We can solve this crisis -- and we will.
Here are the problems we face and the steps we are taking:
First, key markets are not functioning because there's a lack of liquidity -- the grease necessary to keep the gears of our financial system turning. So the Federal Reserve has injected hundreds of billions of dollars into the system. The Fed has joined with central banks around the world to coordinate a cut in interest rates. This rate cut will allow banks to borrow money more affordably -- and it should help free up additional credit necessary to create jobs, and finance college educations, and help American families meet their daily needs. The Fed has also announced a new program to provide support for the commercial paper market, which is freezing up. As the new program kicks in over the next week or so, it will help revive a key source of short-term financing for American businesses and financial institutions.
Second, some Americans are concerned about whether their money is safe. So the Federal Deposit Insurance Corporation and the National Credit Union Administration have significantly expanded the amount of money insured in savings accounts, and checking accounts, and certificates of deposit. That means that if you have up to $250,000 in one of these insured accounts, every penny of that money is safe. The Treasury Department has also acted to restore confidence in a key element of America's financial system by offering government insurance for money market mutual funds.
Thirdly, we are concerned that some investors could take advantage of the crisis to illegally manipulate the stock market. So the Securities and Exchange Commission has launched rigorous enforcement actions to detect fraud and manipulation in the market. The SEC is focused on preventing abusive practices, such as putting out false information to drive down particular stocks for personal gain. Anyone caught engaging in illegal financial activities will be prosecuted.
Fourth, the decline in the housing market has left many Americans struggling to meet their mortgages and are concerned about losing their homes. My administration has launched two initiatives to help responsible borrowers keep their homes. One is called HOPE NOW, and it brings together homeowners and lenders and mortgage servicers, and others to find ways to prevent foreclosure. The other initiative is aimed at making it easier for responsible homeowners to refinance into affordable mortgages insured by the Federal Housing Administration. So far, these programs have helped more than 2 million Americans stay in their home. And the point is this: If you are struggling to meet your mortgage, there are ways that you can get help.
With these actions to help to prevent foreclosures, we're addressing a key problem in the housing market: The supply of homes now exceeds demand. And as a result, home values have declined. Once supply and demand balance out, our housing market will be able to recover -- and that will help our broader economy begin to grow.
Fifth, we've seen that problems in the financial system are not isolated to the United States. They're also affecting other nations around the globe. So we're working closely with partners around the world to ensure that our actions are coordinated and effective. Tomorrow, I'll meet with the finance ministers from our partners in the G7 and the heads of the International Monetary Fund and World Bank. Secretary Paulson will also meet with finance ministers from the world's 20 leading economies. Through these efforts, the world is sending an unmistakable signal: We're in this together, and we'll come through this together.
And finally, American businesses and consumers are struggling to obtain credit, because banks do not have sufficient capital to make loans. So my administration worked with Congress to quickly pass a $700 billion financial rescue package. This new law authorizes the Treasury Department to use a variety of measures to help bank [sic] rebuild capital -- including buying or insuring troubled assets and purchasing equity of financial institutions. The Department will implement measures that have maximum impact as quickly as possible. Seven hundred billion dollars is a significant amount of money. And as we act, we will do it in a way that is effective.
The plan we are executing is aggressive. It is the right plan. It will take time to have its full impact. It is flexible enough to adapt as the situation changes. And it is big enough to work.
The federal government will continue to take the actions necessary to restore stability to our financial markets and growth to our economy. We have an outstanding economic team carrying out this effort, led by Secretary of the Treasury Hank Paulson, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox, and FDIC Chair Sheila Bair. I thank them and their dedicated teams for their service during this important moment in our country's history.
This is an anxious time, but the American people can be confident in our economic future. We know what the problems are, we have the tools we need to fix them, and we're working swiftly to do so. Our economy is innovative, industrious and resilient because the American people who make up our economy are innovative, industrious and resilient. We all share a determination to solve this problem -- and that is exactly what we're going to do. May God bless you.
END 10:33 A.M. EDT
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Thursday, October 9, 2008
Fearless Leader To Speak

Bush to make statement Fri after market volatility
President George W. Bush will make a statement on Friday morning to assure Americans that every action is being taken to stabilize the financial system, a day after the U.S. stock market tumbled more than 600 points.
"Following the market's continued volatility this afternoon, the president will deliver a statement in the Rose Garden tomorrow morning," White House spokeswoman Dana Perino said on Thursday.
"He will assure the American people that they should be confident that economic officials are aggressively taking every action to stabilize our financial system," she said.
The Treasury Department is "moving quickly" to improve liquidity to ease the credit crisis, Perino said.
Bush will make the statement at about 10 a.m. EDT (1400 GMT), she said.
Source
Dana's job must really suck sausage about now.
Well here are my predictions:
- Bush will say he has decided to take decisive action.
- Bush will say everything will be ok in the long run but we have to "tough it out".
- Bush will say the new legislation will slow down any down turn ( he won't say it will stop it or reverse it.)
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Tuesday, September 30, 2008
Bush Tells Congress To Bail Him Out, Congress Tells Bush To Get 2nd Job

Bush implores Congress to act to rescue markets
President Bush says the economic damage to the nation will be "painful and lasting" if Congress fails to pass a $700 billion bailout bill.
Bush said Tuesday that "Congress must act" and said the economy is depending on "decisive action on the part of our government." He spoke a day after the House voted narrowly to defeat the massive relief measure that his administration and leading members of Congress had agreed was necessary.
Bush said he wanted to "assure our citizens and citizens around the world that this is not the end of the legislative process."
Source
The sad details Mr. President is your fellow republicans had the lion's share of no votes.
Why? Because they are terrified of constituent opinion and being aligned with your failed economic plan.
Voting statistic government source here:
The people have spoken and incredibly were heard, this is what makes this country the greatest.
People are stark raving angry at their elected officials for letting deregulation get us in this mess and more so of being asked to bail out those driven by greed in order to keep the market temporarily running.
I say temporarily because this $700 billion isn't a cure all by any means, this puts a band aid on the hemorrhaging until just after the election at the worst and for a few years at the best....the bill will still come due and that's why folks are saying they aren't going to pay...it isn't their bill, it's Wall streets bill.
The President implies that history will vindicate his policies, I don't think we will have to wait that long.
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Thursday, July 31, 2008
President Bush Is Hiding Something And It Is Probably Against The Law

WASHINGTON - President Bush's top advisers are not immune from congressional subpoenas, a judge ruled Thursday in an unprecedented dispute between the two political branches of the U.S. government.
The House Judiciary Committee wants to question the president's chief of staff, Josh Bolten, and former legal counsel Harriet Miers about the firing in 2006 of nine U.S. attorneys.
But Bush says they are immune from such subpoenas, arguing that Congress can't force them to testify or turn over documents.
________________________
There is only one reason anyone ever refuses to talk, they have something to hide.
I have no problem going before congress, why would these folks refuse to go?
It continues:
White House spokesman Tony Fratto and Justice Department spokesman Peter Carr said they were reviewing the court's opinion and declined immediate comment.
The House earlier this year approved contempt citations against Bolten and Miers. They were cited for refusing to comply with subpoenas demanding documents and testimony in a congressional probe into the firings.
Karl Rove part of controversy
House Speaker Nancy Pelosi, D-Calif., then sued the administration over the issue. Not included in the suit was former Bush aide Karl Rove, but Democrats also want him to testify.
The U.S. is now 10.6 trillion dollars in debt, it will take 27000 years to pay it off at a million dollars a day....and this is how they spend their time at the Whitehouse.
"I ain't gonna tell and you can't make me...nyah nyah nyah!"
Next time you get subpoenaed to go to court just tell them what the president tells them...
"I am immune from such subpoenas. You can't force me to testify"
See how well that works out for you or I.
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Bush Signs New Rules For Spy Agencies - Sells You Out For A Box Of Milk Duds


Bush signs new rules for spy agencies
President Bush has issued an executive order that revises the rules for intelligence agencies and strengthens the authority of the national intelligence director, the White House said Thursday.
"The revised order directs the intelligence community to produce timely, accurate and insightful intelligence with special emphasis on the threats posed by international terrorism and the spread of weapons of mass destruction," White House spokeswoman Dana Perino said.
Executive Order 12333, which lays out the responsibilities of each of the 16 agencies, maintains the decades-old prohibitions on assassination and using unwitting human subjects for scientific experiments, according to a power point briefing given to Congress that was reviewed by The Associated Press. The CIA notoriously tested LSD on human subjects in the 1950s, which was revealed by a Senate investigation in 1977.
The new order gives the national intelligence director, a position created in 2005, new authority over any intelligence information collected that pertains to more than one agency — an attempt to force greater information exchange among agencies traditionally reluctant to share their most prized intelligence. The order directs the attorney general to develop guidelines to allow agencies access to information held by other agencies. That could potentially include the sharing of sensitive information about Americans.
"Today's actions will help create a more effective intelligence community capable of providing the president and his advisers with information necessary to defend our national and homeland security," Perino said.
___________________________________________
Nice...like we could trust them before to do the right thing. Now there is expanded power seated with the National Intelligence Director...let me guess who appoints that position?
What bugs me about Dana Perino is she is a spin doctor...kind of a disgusting career choice if you ask me.
Take the crappiest policies ever made, policies that stomp on your rights a U.S. citizen and explain them in a better light to your fellow U.S. citizens like a kindergarten teacher explaining why we all have to take a nap now.
College paid off for Dana
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Wednesday, July 23, 2008
Skull And Bones Society Pays Off
--George w. Bush
Irving, CA
04/24/2006
Sorry, Any President that says "to the max" is to me a probable product of fetal alcohol syndrome.
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Saturday, July 19, 2008
Profile Of A Tool
Allan Hubbard
Former Assistant to the President for Economic Policy and Director, National Economic Council
Allan Hubbard
Allan Hubbard formerly served as an Assistant to the President for Economic Policy and Director, National Economic Council.
In 1969, Mr. Hubbard received his B.A. degree, cum laude, from Vanderbilt University. In 1975, Mr. Hubbard received his Juris Doctorate, cum laude, and Masters in Business Administration with Distinction from Harvard Law School and Harvard School of Business Administration.
Mr. Hubbard has owned and operated a number of businesses. In addition, he served in the Bush-Quayle Administration as Executive Director of the Council on Competiveness.
http://www.whitehouse.gov/government/hubbard-bio.html
NOTE: I left competitiveness spelled incorrectly as it appears on the white house.gov web site, yes these are our leaders.
Government tool, Allan Hubbard, spoke at a event Thursday for the Center for American Progress Action Fund. He blamed patients for driving up health care costs because insurance insulated them from the real costs of treatment.
What a dumb ass! That's the frigging core purpose of insurance as far as patients are concerned, it's probably in every insurance companies mission statement for goodness sake. This is him listening to his buddies in the insurance industry whining about their overhead,. If you can call make grotesque profits of the illness of others overhead.
Hubbard crafted the health care plan unsuccessfully promoted by President Bush and subsequently embraced by GOP presumptive nominee Senator John McCain. It would eliminate incentives for employers to offer insurance, shifting the burden of health care costs onto individuals, who would be granted a tax break to buy insurance.
I am assuming that any one of his three successfully fertilized eggs walking around, ages 19, 17, and 17, were paid for by an insurance company.
I wonder if he went for the economy plan?
Here he is with a economy 50% off arm sling, I am sure he didn't get the caviar of health care, probably just set the break himself.

Excerpts found at:
http://www.huffingtonpost.com/lester-feder/whining-
americans-choose_b_113767.html
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Thursday, July 17, 2008
Baby Bush Gets Veto
This is good news for everyone in the country and bad news for big business insurance industry types. I personally know doctors whom have stopped dealing with medicare because it's too much trouble, takes to long to get claims and don't get paid enough in the end.
The proposed pay cut to make it more profitable for insurance industry and adversely effect virtually everyone else in the country was ridiculous at it's inception.
GOOD JOB CONGRESS !
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In Other Countries They Call It Treason
The Bush regime said on Wednesday that turning over such records would violate the king's rights to lie to the little people at large.
In a letter to the House of Representatives Oversight and Government Reform Committee, U.S. Deputy Assistant Attorney General Keith Nelson wrote, "The attorney general has requested that the King of the U.S. assert executive privilege with respect to these documents and the King has done so."
The decree from his highness was delivered on the same day the committee was scheduled to vote on a possible contempt resolution against Attorney General Michael Mukasey for failing to live up to his oath of office and provide the requested information.
Rep. Henry Waxman, the California Democrat who chairs the committee, called the executive privilege claim "ludicrous," but postponed committee action against Mukasey, saying lawmakers are scared shitless of the king and needed time to review King Bush's bullshit claim.
In 2003, as the Bush regime was preparing it's lies about WMD to go to war with Iraq, media reports surfaced discussing Wilson's work at the CIA. She is married to former ambassador Joseph Wilson, who at the time justifiably and truthfully accused the Bush administration of tailoring intelligence in the most remarkable way since Hitler to rewrite historic information to justify the Iraq war.
Following the faux federal probe into the matter, dick sucker numero uno, Cheney aide Lewis "Scooter" Libby was CONVICTED on obstruction and perjury charges.
Wait wait wait let me say that again....Lewis "Scooter" Libby was CONVICTED on obstruction and perjury charges.
Bush subsequently commuted (said justice is his to determine and not the court's) Libby's 2 1/2-year sentence.
Waxman said the probe did not get to the bottom of Cheney's possible (probable, master mind) role in the leak, prompting his committee to seek (but be denied illegally by the Bush regime) the FBI documents.
"There is a key document that could (would) explain what the vice president knew and what he did," Waxman said, referring to Libby's statement to the FBI that it was "possible" (definite) Cheney instructed him to blow (TREASON IN OTHER COUNTRIES) Wilson's CIA undercover identity.
Waxman also noted that a letter from Mukasey to Bush dated Wednesday regarding the executive privilege stance "also raises questions (astonishment) about the president's involvement ... the documents being withheld summarize conversations held directly with the president (King of the U.S.)."
Both Mukasey and Nelson wrote that the White House has attempted to accommodate (make go away) Waxman's probe of the scandal by making available some FBI reports of interviews with senior White House staff and agency officials (cohorts in treasonous activities whereas in other countries you receive the death penalty, not here though, you retire with secret service protection).
"We are not prepared to make the same accommodation for reports of interviews with the president and the vice president," Nelson said. (although appointed and paid by, in theory, U.S. citizens)
This parody from a reuters article.
http://www.reuters.com/article/latestCrisis/idUSN16449017
I call it a parody because I fear my government.
Welcome to Detroit.
Tuesday, July 15, 2008
George Bush, King Tool
President Bush on Tuesday commanded lawmakers to lift a ban on offshore oil drilling, saying "the only thing standing between the American people and these vast oil resources is action from the U.S. Congress."
Nice way to play the blame game, this is the same line of bullshit that has us looking for weapons of mass destruction in Iraq.
"The sooner Congress lifts the ban, the sooner we can get these resources from the ocean floor to the refineries, to the gas pump," the king of the United States said.
"Democratic leaders have been delaying action on offshore exploration, and now they have an opportunity to show that they finally heard the frustrations of the American people," Baby Bush said. "They should match the action I have taken, repeal the congressional ban and pass legislation to facilitate responsible offshore exploration."
Aren't his buddies who run the support businesses for the war making enough money? I guess he wants his oil company buddies to make some serious coin too, even though prices wouldn't be effected for at least ten years, it isn't like you throw these offshore rigs into place and BOING! , oils comes springing out.
Bush also wanted the U.S. to land on Mars, a pale imitation of Kennedy's man on the moon objective during his tenure but for Bush it went over like a PR lead balloon. Besides this just another pathetic smoke and mirrors strategy to blind everyone to the thousands of dead Americans on his failed and flawed mid-east policies and a crumbling economy for a country that was at the end of the Clinton administration in the black for national debt.
This "blame the democrats for oil buried under the sea floor" is the same thing. Sorry Georgie I won't be falling for it, your a loser of epic proportions that history will make note of and thousands dead cry from their graves at your political agenda attempts at distraction.
If we can't put some serious research into a new and viable energy source that WON'T profit his oil company buddies we won't be going to Mars anytime soon OR bring gas prices down with oil rigs that won't be surveyed, built, towed and in place for another decade.
Welcome to Detroit.
Monday, July 14, 2008
Thank You Mr. President
--George W. Bush
Washington, DC
07/03/2003
on Iraqi insurgents attacking U.S. forces
I want everybody to hear loud and clear that I'm going to be the president of everybody.
--George W. Bush
Washington, DC
01/18/2001
Mr. Vice President, in all due respect, it is--I'm not sure 80 percent of the people get the death tax. I know this: 100 percent will get it if I'm the president.
--George W. Bush
St. Louis, MO
10/18/2000
during the third presidential debate
I'm also not very analytical. You know I don't spend a lot of time thinking about myself, about why I do things.
--George W. Bush
aboard Air Force One
06/04/2003
I don't think we need to be subliminable about the differences between our views on prescription drugs.
--George W. Bush
Orlando, FL
09/12/2000
Welcome to Detroit