BAILING OUT WALL STREET

A sick feeling rises from my gut. I've rarely seen the level of asskissing going on right now with Ben Bernanke. We didn't bail out the shareholders, but we did bail out the lenders. Dodd (D-CT)and Menendez (D-NJ)stand up for regular Americans by actually asking some serious questions, especially Menendez. Shelby (R-AL) actually wasn't too bad. Tester (D-MT) was okay.

But for a majority of the others, especially Bob Corker (R-TN)- it's a mad rush to thank the Fed for saving the big corporations from the weally weally nefarious FREE MARKET.

Bernanke feels that its likely that $29 BILLION investment by the Fed with taxpayer money will be worth it. But, he stammers, they haven't assessed it yet, they are in the process...

They haven't even figured out how much the Fed will be charged by BlackRock yet. Seriously- Repeat that to yourself: BlackRock was hired to evaluate Bear's assets for an unspecified fee. And not one that they aren't just specifying TO US- One they haven't figured out yet.

As in "Trust us. We'll tell you how much of this crap is crap. And we'll charge you something, er reasonable. Yeah, that's it, Ben."

Don't you Fed guys worry your pretty heads about it, m'kay? The big businessmen will tell you what they need and when. Go back to designing your dreamhome when you resign from the Fed next year...

Well, we've sent a lesson to the Mortgage holders. And we've sent a lesson to the shareholders of Bear-Stearns (and soon to be shareholders of several other major financials). But where is the lesson for the people who have been uprating the dirty Financial Institutions? Where is the lesson for the architects of this mess? Where is the lesson for these cutthroat lenders who give the loans with no accountability, then quickly bundle them all together and sell them away to the big financials as soon as possible?

Ben Bernanke just GUARANTEED an un-assessed pile of shit at a price tag of $29 Billion. But he feels that it will all be okay in the end. The only thing this insect has really guaranteed is a future position at JP Morgan.

And a panel made up mainly of sycophant Senators prattles on, helping cover the asses of THEIR biggest lenders, Corporations.

Once again, regular Americans get screwed and Big Business- who screwed over all these people, took the cash and ran- gets a big wet kiss.

Free Market my ass. There is NOT ONE DAMN Republican in Congress that isn't a crony for Big business. Trickle down into your rep's pockets.

Enjoy it, those of you dumbasses that vote for these dirty crooked Republicans even though you can't afford to buy stock.

By the way, Senator Bob Corker is the biggest Asskissing Weasel I've ever seen. If anyone is firmly of the back pocket of corporate interests its this slimeball. God, he's practically blowing Dimon, not questioning him. Do you HAVE any questions, Corker, you sellout?

The Headline on CNBC moments ago: Dimon: I was asked the right questions

Doesn't that just say it all...

Oaths, and some damn paperwork, and no more of this "no one can understand all this durn complexity" Bullshit! I also don't want to hear what you people are "reasonably confident" about!

Slave Market

Contact the Senate Banking Committee and commend Menendez for taking a stand, albeit a small one - it still towered above the rest. Let them know this is a wee bit more important than baseball players pumping up on roids.

If Bernanke is "reasonably confident" that Bear Stearns assets AREN'T a pile of worthless paper, then why was this bailout needed? Smokescreens that aid the Financials AREN'T in the Americans best interest. Without some real oversight - these lenders will keep this going until it breaks the country's back.

.

UPDATE: Welcome to everyone visiting ala Mike's Blog Round Up and C&L : Mike also had this link on the matter: Naked Capitalism: Bear Hearings Charade

.

UPDATE 2: Bear Stearns goes to work For J.P. Morgan. 7000 Bear Stearns Employees fired Bear Stearns goes to work For J.P. Morgan. 7000 Bear Stearns Employees fired

What the Fisa?

Frederick

What the Fisa?

Crooks and Liars

Obama showed, Hillary didn’t.

Hillary didnt voice a word about this, and her silence is deafening.
She could have put her leverage to work. She didnt.

Any Hillary Progressives should hang their heads in shame. Any women who want better rights- will this woman sell you out the way she did Progressives?

Edwards is out, so she might as well run back to the right.

and almost 20 cowardly/bought and paid for Democrats joined the completely sold out Republicans.

Goddamn it all to hell, are you fucking fed up yet?

Actor212/Carl is way more in the know than some piddly ass Redneck liberal like me... He's backing Hillary, all the way. And I just want to know how blowing off our freedom helps us.

"Cuz I'm just a simple motherfucker, here, and I guess I don't get it"

Romney goes bye-bye

A loser speaks out: Watching Romney drop out of the race...

... says Porn and welfare is to blame for my single-fatherhood... ...Europe is facing destruction because of immorality and lack of religion... ...Says Chinks are outbreeding us, we will lose if we don't change gear and breed more... ...Say to get off the oil tit... (well one truth for every four bullshit statements)

oh here he goes - We are being held hostage by Ahmadinejad. Shit. Does this mean I have to raise my hand before I go get my welfare check so I can buy porn?

High taxes on private sector kills the country. Govt workers make more than Corporate officers... Huh??? What the fuck is he talking about? He must be including lobbyist kickbacks to Republican Congressmen.

Unions bad, corporations good

Islam believes in a government run by religion. (Talk about talking out of both sides of his mouth) They hate everything we believe. They hate our freedom. To fight them, we sent the bravest soldiers in the world. He takes a swipe at our military intelligence. We apparently didn't have enough money to stop 9-11.

And give the veterans the care they deserve.. Woo Hoo. Like this tickturd gives a good goddamn. He wants to spend more. I don't know where he plans on getting this money, except maybe by cutting education, healthcare, and wages to american employees.

"Just like Ronald Reagan did" "We are a nation at war" "they would retreat, declare defeat"
He's hitting all the same bullshit talking points. Oh, they are booing McCain now, hehe

"OSAMA BIN LADIN" OH MY GOD! "I cannot be a part of surrender, but I am giving up"

"in this time of war" about six times...

No wonder this vapid lying scumbag is getting the boot. Thank God this dick is gone.
"We cannot allow the leader of the United States to retreat in the face of extremism"

No shit. We need Obama, Hillary, or whoever becomes President to fully destroy what remains of the Republican party. People that can lie over and over to Americans like Romney just did ARE Extremists: religious extremists, economic extremists, and right wing radicals who have just screwed America over the past 7 years. It it far past time for these people to go.

I smile when I think of every Republican bushbot dollar that went to this idiot in vain. I am doubly happy when I think of every dollar that Romney has lost as a result of this failed bid.

It is not over yet. McCain/Huckabee is coming. One more conservative crony has fallen by the wayside, a victim of being just another clueless bush acolyte. We have more work to do.

UPDATE: POLISHIFTER: Fuck This Election
UPDATE 2: Empire Burlesque on Romney: American Psycho

Bloggers Selling out

Note to all my fellow Blog-Patriots, fighting the good fight and struggling to take our country back:

If Your Blog is sportin' Rush Limbaugh ads, then YOU are part of the fucking problem.

If you are selling hate speech, unknowingly or not, as pop-ups or ads on your sidebar, then You are a two bit hypocrite.

I am tired of seeing ads pimping Ann Coulter's email on top of supposedly Progressive blogs. Is the money from these ads trickling into your credit card worth it If one more American becomes indoctrinated with her vile spew as a result of an ad on your blog?

I don't think so.

I know you can't control what ads you are helping sell- but it doesn't matter. If you CANNOT control which crap YOU are helping to sell, then stop allowing your blog to be used.

I can't take a post about the damage torture does to our own troops seriously when your blog is helping to push the Pro-Torture dialogue.

If even Progressive bloggers can't keep their damn hands out of the corporate cookie jar for fucking pennies, how can you dare demand the same of our main stream media pundits?

Please, take down ads on your blog. I'm probably a lot poorer than most of the damn bloggers out there, but you'll never see an ad on this blog, as long as I can help it!

And for those of you who are on the same page as me- Great- Help spread the word and Boycott the bloggers that are helping keep Ann Coulter, Rush Limbaugh, Glenn Beck and the rest of those slimy assholes marketed all over the damn internet!

Don't help sell hate. If you demand a better democracy, a better life and a better world- you've got to start at home. Don't be a hypocrite.

Bush Family War Profiteering

From Common Dreams...

Bush Family Profiteering

EXCERPT
Halliburton scored almost $1.2 billion in revenue from contracts related to Iraq in the third quarter of 2006, leading one analyst to comment: "Iraq was better than expected ... Overall, there is nothing really to question or be skeptical about. I think the results are very good."

Very good indeed. An estimated 655,000 dead Iraqis, over 3,000 dead coalition troops, billions stolen from Iraq's coffers, a country battered by civil war - but Halliburton turned a profit, so the results are very good.

Very good certainly for Vice President Dick Cheney, who resigned from Halliburton in 2000 with a $33.7 million retirement package (not bad for roughly four years of work). In a stunning conflict of interest, Cheney still holds more than 400,000 stock options in the company. Why pursue diplomacy when you can rake in a personal fortune from war?

Yet Cheney isn't the only one who has benefited from the Bush administration's destructive policies. The Bush family has done quite nicely too.

More War Profiteering in Iraq:
Halliburtonwatch

War Profiteers

Another Deck of Cards full of criminals, terrorists, and scumbags:
The Cabal

See the Movie
Iraq for Sale

Top 10 Most Brazen War Profiteers
Top 10