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POPSDisgruntled American Seeks Canadian For Political Asylum, Maybe More * IT Professional, skilled with computers, can fix yours. * Will get whatever job(s) available to help support us. * From Washington State, appreciates nature. * Willing to learn French. * Polite, working on being more humble. * Hates littering. * Will pet your cat(s)/dog(s) and tell you how cute it is. * Enjoys Rush. * Can fake an interest in hockey. * Knows the first line to the Canadian National Anthem. * Will do whatever it takes to get the fuck out of here. What You're All Aboot: * Canadian. * 18-50 year old female. * Willing to marry me for citizenship. So there you have it ladies! This is your chance to help your neighbors to the South. Get at it!
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POPSU.S. Casued Global Market Mayhem Gets Worse
Australia today did what you're suppose to do to help prevent this descent into Global Worldwide Great Depression. QUOTE: the Reserve Bank of Australia (RBA) cut its key cash rate by a steep 100 basis points to 6 percent on Tuesday, the biggest reduction since 1992. On Wednesday, the central bank went further by accepting more types of debt as collateral for loans and lend to banks for much longer periods. END QUOTE They are loaning money to banks cheaper...accepting more stuff as collateral for loans, giving loans to banks for longer periods of time. Period. A key words in the Aussie actions is: LOANS & COLLATERAL. The USA is BUYING bad debts and giving unsecured loans (with no collateral). Additionally, the Bush Plan not only gives away this money to banks to buy *hit...and gives loans with no collateral...but then the banks can deposit the money with the U.S. Federal Reserve and earn interest. (which d defeats the whole purpose of "loosing up credit for people
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POPSThe Debate: I Learn Something New Every Day Apparently 95% of us will need to sacrifice by enjoying Barack's tax cut and new health care plan but some will sacrifice by paying more in taxes. Raising taxes to battle a recession - well, you can't say Obama lacks for original ideas. THE OBAMA DOCTRINE: Obama asserts that America has a moral obligation to intervene with force in certain foreign circumstances and cites the Holocaust. His gist - if we could have intervened effectively to prevent the Holocaust we should have. Hmm - many have argued that the rail lines to Auschwitz were within range of US bombers yet Roosevelt did nothing. Both George Bush and George McGovern think Roosevelt erred - $79 BILLION: Obama was wrong about the Iraqi budget surplus at the last debate and he is still wrong.
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POPSU.S.Fed Rally Fizzles: Emperor Has No Clothes At the same time the head of the U.S. Federal Reserve was testifying before Congress (Oct. 7, 2008) about how his $700-billion dollar give away to Wall Street would help to heal the economy.... ...at this very same moment the Wall St. Stock Market was dropping close to 300 points. It dropped about 300- points the day before (after being down almost 800) It's like this: Let's attack Iraq because they have Weapons of Mass Destruction. Let's attack Iraq because they are linked to 9/11. Let's attack Iraq because they were prime suspects in anthrax attacks a week after 9/11. With these alleged facts motivating the nation it was easy to stampede the Congress and nation into war -- fact ALL proven untrue. Now the same thing being done with the economy, we're treated to the Head Banker (and now/then the President one hour later) saying how much this will help while we can see with our eyes the Stock Market falling fast. What sickness! What lies! DEFEAT ALL REPUBLICANS is
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POPSBailout Might Make Things Worse * Hundreds of leading economists, including numerous Nobel prize winners, question the bailout * Former White House economist (Steve Hanke) adamantly opposes the bailout * Nobel prize economist and former chief economist of the World Bank (Joseph Stiglitz) opposes the bailout *The former Secretary of the Treasury (Paul O'Neill) questions the bailout * A prominent economist (Nouriel Roubini) says "The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown." * A highly-regarded economist (Michael Hudson) says that the bailout is a giveaway that will cause hyperinflation and dollar collapse
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POPSMarkets Fall: Government Throws Away More Money You don't have to be a lawyer to know if someone is lying -- But when a lawyer catches a witness in a lie it is often the beginning of the end. What caught my eye in this clip is: the government (USA) "will begin paying interest on the reserves that banks leave on deposit." Humm....we print the money...we give the money to the banks at super low interest rates...now the banks can give us back the money and charge us interest!? The next big part of the plan is to buy unsecured loans for threatened banks that may go out of business. Humm...Note: Other countries are buying assets or Number One Preferred Stock...meaning they get paid first if these banks fail. Also, rather than seeking to "inspire confidence," some suggest it would be better to dole out the cash for every new loan the banks make...which is what we want them to actually do. Other lies: "optional," warrents; & "mark to market," valuations. While our house burns, these alleged "firefighters," are steali
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POPSBernanke, Paulson, Trichet May Act to Unblock Lending (Update1)
Rates are also surging in the commercial paper market that many U.S. companies use to finance their day-to-day operations. Yields on overnight U.S. commercial paper jumped 0.94 percentage point to 3.68 percent. `The Federal Reserve must now act as a clearing house'' for banks and ``must also take another bold step: outright purchases of commercial paper, said Bill Gross, manager of the world's biggest bond fund at Newport Beach, California-based Pacific Investment Management Co. Europe's Dow Jones Stoxx 600 Index having its steepest intraday decline since 1987 and emerging markets, until now the locomotives of the world economy, hit particularly hard: exchanges in Russia and Brazil halted trading. One less complicated step would be for central banks to lower rates in concert. Traders are betting that the Bank of England will lower rates at a meeting this week, and that the Fed will cut its benchmark by at least half a point at or before an Oct. 28-29 gathering.
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POPSDemocrats Get Ripped for Bailout Bill from Their Own The author is just getting warmed up in this clip. The entire article is worth a look at. (Actually, comparing Obama to Brutus is not a good analogy, for Brutus slew a tyrant Caesar, where Obama aided and abetted the financial czars and the Fed instead of defending the republic). The politics of Obama and the fearful Dems (Pelosi) cannot be overlooked in passing the bailout (even with republicans resisting): He lobbied hard for the bill. He did so, according to some who met with him on Capitol Hill, because he feared that if he opposed the bailout and it triggered a market collapse it could cost him the election. Better to placate the thieves on Wall Street than stand up for the masses of enraged and swindled citizens.
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POPSBailout Creating a Financial Black Hole (cont.)The latest propaganda from the government and the Illuminist think tanks tells us that, treasuries are more secure than gold because they are backed by the US government and gold has a counter party risk by whoever is storing your gold as the counter party. I’ve never heard any stupider comments. The Fed has informed Bank of America to be ready for a one-week universal shutdown of the banking system, including access to checking accounts, savings accounts and credit cards. This is why you need $5,000 in small bills in your safe at home and small denomination gold and silver coins.
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POPSBoy wreaks zoo havoc while feeding croc "The boy was unknown at the center and had "clammed up" when questioned by police on what sparked the rampage, he said. Neindorf said he was now looking at suing the parents of the pint-sized terror, who could easily have been taken by Terry himself as he fed the croc from a small landing at his enclosure. "We'll be looking at suing the parents, who were supposedly in control of him at the time," he said."
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POPSIf Spiders Took Drugs... Just in case you've ever wondered... This is what webs spiders make when they're high. (They were fed with drug-dosed flies)
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POPSBank Loans Have Not 'Dried Up' Such alarming comments never mention any facts. Why not? As Neil Cavuto recently noted on Fox Business News, the Fed reports bank loans every week. Contrary to many comments, consumer and industrial loans actually increased in the latest week. Troubled giant banks have cut back on lending, but smaller banks have picked up the slack. Consumer and real estate loans dipped insignificantly through Sept. 17, remaining much higher than they were a year earlier. If all the recent hysterical chatter about lending being "frozen" or "shut down" refers to anything real, it is not about banks loans (through Sept. 17) but about such arcane financial markets as asset-backed commercial paper or loans between banks. But this too is mainly about financial firms, not Main Street. Non-financial commercial paper increased from $156 billion at the start of the year to more than $204 billion from Sept. 3 to Sept. 17, dipping only modestly since then.
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POPSThe Bailout, Fannie Mae and Freddie Mac, The Fed and Monetary Policy The Cato Institute has been following the crisis in financial markets since the very beginning. From the sub prime crisis to Fannie and Freddie to the $700 billion bailout, the recent financial events have given our analysts and experts plenty to talk and write about. We decided to pull together the op-eds, podcasts, reports, and publications from our scholars on this issue, so all these resources can exist in one place. We hope it’s a useful tool for your research. "The Bush Legacy: Deflation or Inflation?," "The Greenback and Commodity Prices," "Milton Friedman: Float or Fix?," "Washington Is Quietly Repudiating Its Debts," "The Greenback and Commodity Prices," "Polluted Markets," "The Fed Plays With Fire," "Greenspan's Bubbles," "Keep Complaining about the Economy, "Asset Bubbles and Their Consequences," more op-eds, podcasts, reports, and publications at link: http://www.cato.org/special/financial_crisis/
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POPS7 yr old goes on croc feeding frenzy at zoo Neindorf said he was now looking at suing the parents of the pint-sized terror, who could easily have been taken by Terry himself as he fed the croc from a small landing at his enclosure. "We'll be looking at suing the parents, who were supposedly in control of him at the time," he said.
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POPSAmerica : Freedom to Fascism Now it makes sense , all the little pieces come together ! Now I know why the tried to discredit Sen. Ron Paul and make him look like a nut .
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POPSMusic Evolution How music industry - from musicians to producers can leverage technology to bring more funds in the coffers
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POPSSenator DeMint Has Outlined A Plan For Economic Growth EXPAND ENERGY EXPLORATION • Permanently Repeal Bans on Energy Exploration and Expedite Production: Expedite offshore and oil shale exploration, ensure states share in energy revenues, and prevent endless litigation from frivolous environmental lawsuits. REFORM FAILED GOVERNMENT INSTITUTIONS • Schedule the GSEs for Privatization: Transition Fannie Mae and Freddie Mac over a reasonable time period to truly private companies without special government privileges and expose them to real market competition. • Stabilize the Dollar: Repeal the Humphrey-Hawkins Full Employment Act, which diverts the Federal Reserve’s attention from long-term price stability to short-term economic growth. In an effort to fuel the economy, this additional mandate has encouraged the Fed to keep rates artificially low, leading to economic booms and busts, a rise in inflation and the decline of the dollar.
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POPSEven Royal Eugenicists Can't Stop GM Foods -Professor Norman Ellstrand, ecological geneticist at the University of California, and Dr. Harash Narang, a microbiologist at the university of Leeds have both echoed Prince Charles' assertion that GM foods are a potential ecological disaster, along with dozens of other scientists and researchers who admit that GM foods have not been properly tested.
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