WAKEUP

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451 Comments

    • Mon Nov 17th 14:47 PM | Rating: 0 -1
      Commented on:
      Peak Oil, Cars, and Depressions
      Analyzing the pieces of the puzzle is all very well, but it's the Socialism Express that's coming through, no matter what rhetoic is thrown at it. If somebody in the government wants GM, et. al. to survive, they will simply buy a majority of the stock, and continue on. It's been a long time coming, but the Socialism Express will be a long time running. We've been dancing to the capitalism boogie, but now the socialism foxtrot is the dance of the decade.
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    • Sat Nov 15th 15:57 PM | Rating: 0 0
      Commented on:
      Why AIG Was in the CDS Business
      AIG knew exactly what they were doing. This is part of the biggest conspiracy in the history of finance. AIG's top management gave in to the lure of a fantastic profit at the cost of the company's assets, and the possible end of AIG. Every man has his price, and AIG's top management found theirs, in this gigantic robbery.
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    • Sat Nov 15th 15:48 PM | Rating: 0 0
      Commented on:
      YouTube Will Be Obama's 'Fireside'
      Obama is to FDR as Dan Quale is to JFK.
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    • Fri Nov 14th 15:25 PM | Rating: 0 -1
      Commented on:
      Obama Files Steep Requests to Aid Automakers
      Like it or not, the miserably failed financial policies of the ultimate-right-wing Lunatic Fringe Bush administrations have left no choice for the U.S. government other than Socialism. Get used to it, it's here for at least twelve years, more like twenty. Sorry 'bout that, don't yell at me, talk to that stellar financial mind known as George Dubya Bush.
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    • Wed Nov 12th 15:33 PM | Rating: 0 0
      Commented on:
      Consumers Gear Up for Lengthy Recession
      If this situation weren't so bad, I'd have to laugh at all these rosy scenarios that some commentors have. I've been commenting here for a year that this is a damned bad situation and that the U.S. is headed for 1955. The good news, if there is any is that at least for the first few years of this depression it'll be the high-lifers who suffer first. They will learn what it is to shop for bargain groceries, and realize that a car will last more than two years. Unfortunately there is no telling how deep this s--- will go, perhaps actually to starvation level for those not well-connected enough to outlast the mess that the damn foolhardy policies that the financial "leaders" and political hacks have pushed this once-great country into.
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    • Mon Nov 10th 14:48 PM | Rating: 0 0
      Commented on:
      AIG Needs More of Your Grandkids' Money
      AIG is a failed criminal enterprise. Stop propping up the walls of their ruined fortress, and let it crash to the ground. Other insurance companies and various financial entities are going to have to take over the administration of AIG's products, anyway. Let's get on with it, NOW. Start by imprisoning Maurice "Hank" Greenberg for 100% of what's left of his wretched life. He is the original architect of all that's wrong with AIG, and he deserves severe punishment for his crimes. Don't let him get away with it just because he's old. And don't be fooled by his ridiculous assertions that he is broke, or anywhere close to broke. That miserable old thief has money stashed in more than 100 countries, not counting the United States.
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    • Sat Nov 8th 15:21 PM | Rating: 0 0
      Commented on:
      Why Would Treasury Cut AIG's Interest Payment?
      If AIG did a computer search for its ideal CEO, the computer would pull up the resume of - ADOLPH HITLER. AIG is a continuing criminal enterprise; this is the sort of activity that the federal government provides life imprisonment sentences for. It is no surprise that these manipulative greed-icons now want to whine their way to a cheaper rate. They never quit until they screw everybody, so screw AIG, this time. No cheaper rate. No more bailout. AIG is just another insurance company, of which there are far too many, anyway. This is a company founded by C.V. Starr, that got its start selling bogus life insurance policies to unsuspeting Chinese people in 1919, in a scam cooked up with - guess who? -- The Chinese government. So let's just let these despicable people sink, and say to them ,as they go under, "Ain't It Great?"
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    • Sat Nov 8th 14:53 PM | Rating: 0 0
      Commented on:
      AIG Bailout Redux: The Perils of Open-Ended Liability
      Anyone who has followed AIG's twisted history knows that this company has always had a predatory, vicious attitude toward anyone and everything outside their greed-perimeter. Let this vile group of smug criminals perish. The world will smell better, afterwards.
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    • Fri Nov 7th 14:36 PM | Rating: 0 0
      Commented on:
      What Companies Will Benefit from Obama's Vision?
      Obama will spend his first year getting a painful education in economics, a subject (among others) in which he is woefully unschooled. Then, having realized that he should have been an English teacher, he will ride lower and lower in ratings until he goes the way of Jimmy Carter (another president who should have been a teacher.) We're in a ten (10) year hole, here, and it make no difference who the president is, ten years is ten years.
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    • Fri Nov 7th 14:24 PM | Rating: 0 -1
      Commented on:
      'The Shallowest Generation': A Rebuttal
      Oh, what the hell. The die is cast, and in ten (10) years, wages and prices will meet again, and it will all start over, again. In the meantime, keep a heavy, waterproof cover zipped around your mattress, so that the rainwater coming through the leaking roof won't soak your cash. The rest is chin - music.
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    • Fri Oct 31st 18:09 PM | Rating: 0 0
      Commented on:
      Coming to Terms with Economic Realities
      There are going to be a hell of a lot of new bean-eaters, very soon.
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    • Sun Oct 19th 13:31 PM | Rating: 0 0
      Commented on:
      Between Now and Inauguration Day
      "Forward looking" articles like this one are amusing, in a grim way. The cold truth is that whomever is elected is going to be thrust into a firestorm of demands from those persons who CONTRIBUTED MONEY so that the particular election winner could be in the winner's seat. There is no way to know, or even meaningfully speculate as to what the initial actions of the new president will be. There are so many urgent issues now, at this point in our history that a new boss may do just as well to draw issues out of a hat in order to decide which ones to pursue first. Take a picture of the new prez, on day one, then take another look at him, a year later. He will look like someone who just lost a bare knuckles fight.
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    • Fri Oct 17th 21:26 PM | Rating: 0 0
      Commented on:
      Vouchers Against Forclosures?
      I bought my house a very long time before any of this bubble-related stuff happened. I was always acutely aware, for thirty (30) years that if I did not make my house payments I would be foreclosed and evicted. Why, and HOW are the present day homeowners any better than I? What the hell is going on, in this country? I feel like a second-class citizen when I think of all the times I had to work out some way to earn enough money to pay for my house, and now all I hear is this CRYBABY caterwailing about how NOBODY should be kicked out of a house that they knew damed well they couldn't afford, in the first place. This is disgusting as hell, and I'm mad as hell that I may have to actually PAY for some of this bailout CRAP.
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    • Fri Oct 17th 21:11 PM | Rating: 0 0
      Commented on:
      This Recession Will Be Anything but Deep
      The writer is wrong. My father used to say, about the Great Depression: "Steak was a quarter ($.25) a pound. That was a great price, but almost no one had a quarter." In our current era this country had so much money in play when it lost its financial footing that it will require a long, slow slide to produce the final losses, which are going to be almost incomprehensible. But those losses are coming, by degrees, as we are able to afford only less and less expensive things. In the meantime, put all your quarters in a jar, at the end of each day. In time, you'll still be able to eat steak when most people cannot.
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    • Fri Oct 17th 20:58 PM | Rating: 0 0
      Commented on:
      September Consumer Price Index: Interesting Relationship Between Food and Energy Prices
      Yep. Our federal government lies to us. The pathetic fact about all this is that we could fire every last damned one of them, if we just had that much sense. But we don't, apparently.
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