Showing posts with label New York. Show all posts
Showing posts with label New York. Show all posts

Monday, January 11, 2010

Some comments from Huffington post...Think people are pissed?

Crowd gathering on Wall Street after the 1929 ...Image via Wikipedia

Infinite cap on Freddie and Fannie.
And Geitner needs to be held accountable for it and his dealings with AIG.
New York Fed paid AIG billions and was told to keep it secret. He needs to prove who's side he's really on.
Show us or step down.

The Fed: A conspiracy of silence. A conspiracy to defraud taxpayers and keep us forever in the dark. Git yer pitchforks. It's time the banksters learn the meaning of a few words, such as fear, retribution and expropriation. They need to be brought low, which, after all, is their natural station. Rough justice is better than none.
I guess the powers that be think it is none of our business where OUR money went. Then these people wonder why they are despised by almost everyone.

MALIGNANTLY Corrupt to the CORE. The massess are helplessly languishing, due to excessive abuse of the top 2 percent. The nation is withering. The collapse of a Super Power ! All rooted from GREED. GREED.GREED. MORE YACHTS, BIGGER YACHTS. MORE MANSIONS. BIGGER MANSIONS. bIGGER JETS, LARGER FLEETS. i' am BIG and I CRUSH you.

We're all serfs now and Barak Obama and his bipartisanship fetish is helping make it all possible.
audit audit audit !

They are all closing ranks now. Anyone outside of Wall Street believing that Obama is still going to protect their interests is delusional. If he were, Geithner would have been gone LONG ago. Never hired in the first place. He wants Bernanke reaffirmed. He's in collusion with them.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness

We are at that point, I believe.

Surprise, Surprise!! NO NEED TO KNOW, JUST PAY! Or what is to KNOW, no small print contract clauses - just a SWEAT DEAL for the ones that CAN!

What could possibly be gained by getting this information from the Fed. People might find out that Goldman got money from the government. Come on. It's a waste of time congress should focus on something worthwhile.

Blind robbery of the American taxpayer is something important. It sucks that you don't think so, but everyone is entitled to an opinion.

I remember Obama promising transparency during the campaign. I also remember the day last fall that Obama invited all the banksters and their lobbyists down to the White House for a walkthrough and sitdown over some kind of presidential lunch and I remember The bank presidents and managers going in and coming out. And the press who were there--CNBC was the only cable channel that even bothered to cover this momentous event--was set up at a small table along the walkway leading to and from the White House entrance the banksters and their lobbyists were using. And the questions were so softball and the answers so banal that it reminded me of that scene in the Bush campaign film made by Alex Pelosi in which Bush tells her about his shirt,his pants, his belt and his cowboy boots. Then Obama later talked about the meetings and discussion in meaningless platitudes and spoke of a "frank and open discussion"!

True transparency that!!!!

I decided then, that I couldn't always get all of my money back, if I put it in a bank, but, I could always get my money back, if I had some stash.......,[please take note of my slightly 'conservative' conclusion on how to deal with this. See? I'm not always a liberal, i been saving $ on my own]....., : )

Who would like to see Bernanke, Summers and Geithner put in stocks with a bushel of rotten tomatoes?


Wednesday, October 21, 2009

Between Yin and YangImage by h.koppdelaney via Flickr
First off, in this economy, 15% unemployment, if you can't find qualified people willing to work without multi-mill­ion-dollar bonuses, you're a loser and ought to be ousted. (I'm probably not the only one who got laid off this year, then rehired at 15% less than I was making before.)

Secondly, a handful of millionaires spending gobs of cash in New York City restaurants and Long Island marinas is not going to "trickle down" to people hurting in Ohio or California.

The better everyone does, the better everyone does. Because that means people will be spending money in their local economies, and local businesses will be able to hire more people.
That's how you build an economy.



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Thursday, October 8, 2009

WASHINGTON — The House ethics committee on Thursday expanded its investigation of Rep. Charles Rangel to include his belated financial disclosure of hundreds of thousands of dollars in previously unreported assets and income.
The expansion only increases the political burden that the Ways and Means Committee chairman from Harlem places on House Speaker Nancy Pelosi, who refuses to make him step down from his post.
Pelosi and Majority Leader Steny Hoyer have said they would take no action while the ethics investigation of the New York Democrat is under way, but the inquiry has dragged on for a year and expanded several times while it pushes closer to the 2010 election year.
Republicans have forced House votes three times, the latest this week, on removing Rangel from his tax-writing position. While Democrats easily defeated each attempt, the issue has allowed Republicans to ridicule Pelosi's refrain that Democrats would drain the swamp of ethical misconduct that previously plagued Republicans.
The committee said it would now investigate whether Rangel broke House rules "with respect to all financial disclosure statements and all amendments filed in calendar year 2009" as required under the Ethics In Government Act.
The law requires annual financial reports filed by all members of Congress showing ranges of assets and income.
Rangel's revisions showed assets and income from 2002 through 2006 that should have been reported in those earlier years.
The committee also gave an accounting of its work so far.
Story continues below
The House investigators have authorized nearly 150 subpoenas, interviewed some 34 witnesses and reviewed more than 12,000 pages of documents.
The committee has been concentrating on alleged financial improprieties and fundraising irregularities.
Among the most serious of Rangel's problems: the House's tax-writing chairman failed to pay all of his taxes, allowing Republicans to level charges that a tax scofflaw is writing tax legislation.
The unreported assets included a federal credit union account worth between $250,000 and $500,000; a Merrill Lynch account valued between $250,000 and $500,000; tens of thousands of dollars in municipal bonds and $30,000 to $100,000 in rent from a multifamily brownstone building in New York.
The ethics committee of five Democrats and five Republicans is also investigating whether Rangel and four other members of the Congressional Black Caucus violated gift rules and other standards of conduct with trips to the Caribbean in 2007 and 2008.
It's looking at contributions of money or monetary pledges to the Charles B. Rangel Center for Public Service at the City College of New York and his use of official House stationery to solicit potential donors.
Other questions involve Rangel's acceptance and use of rent-stabilized apartments in New York from a Manhattan developer, and whether he received a sweetheart deal to finance his ownership interest in the Dominican resort.
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