Monday, October 26, 2009

To the Elite, you are the peasantry

Sunday, October 18, 2009

See the PATTERN ? Banker Fueled Mortgage Crisis - a worldwide catastrophe set in motion

Banker Fueled Mortgage Crisis - a worldwide catastrophe set in motion



....hmmm, so --- are you starting to see a pattern here? can you say ; engineered GLOBAL financial crisis !?

We need to hold the banks, and the financial composers of this OUTRAGE responsible for their actions ; as they are criminals and need to be regarded as THIEVES AND CRIMINAL MASTERMINDS. These so called 'Rocket Scientists', are mere con men praying on their brothers,sisters,cousins,neighbors, and friends... They have no souls ; they are heartless men and women of money - whom will stop at nothing to get more at the expensive of humanity as a whole. Stop them now ; at this point in history before our children, and our children's children inherit a world of debt, and servitude and slavery to the financial elite.

Friday, October 16, 2009

Los Angeles Times : Bankrupt Bankers and Billion-Dollar Bonuses

http://opinion.latimes.com/opinionla/2008/09/lehman-goldman.html

Bankrupt Bankers and billion-dollar bonuses

Great news! Just when it seems like all the tidings about the economy are terrible -- the United States financial system is buckling under $700 billion of bad debt, regular people are losing their homes, their jobs and their pensions -- comes reassurance from Wall Street. It turns out that the head honchos at Lehman Brothers, which filed bankruptcy last week, will still be getting their share of the $2.5 billion set aside for staff bonuses.

Barclay's of London, which is buying Lehman Brothers for $1.75 billion, confirmed the news to The Independent. The pool gets divvied up between 10,000 people.

I wonder if that includes the $188 million the company agreed to pay to CEO Richard Fuld a couple of years ago? Maybe not. There seems to be tussle over the $34 million he earned last year. (All told, the Age reported, Lehman's top 5 execs took home $81 million in 2007.)

I know what you're thinking: If the compensation for failure is $2.5 billion, how much is success worth? Oh, wait -- that's not it. You want Barclay's to give those execs a financial haircut! Now, if Lehman had been bailed out by Washington, the bonuses would seem a bit more tenuous. But wait -- a contract is a contract, isn't it? If Lehman employees met the contractural requirements for a bonus, shouldn't they receive it, regardless of the overall company's travails?


ALSO see:

http://www.google.com/hostednews/afp/article/ALeqM5ihZsfjNmSmIZlAItBU9yui3qzVew

Wall Street set to award record pay: report
(AFP) – 2 days ago

WASHINGTON — US banks and securities firms could pay a record 140 billion dollars to its staff this year, a rebound in compensations that comes despite regulatory scrutiny of Wall Street pay culture, a report said Wednesday.

Workers at 23 top investment banks, hedge funds, asset managers and stock and commodities exchanges can expect to earn even more than they did at the peak year of 2007, according to an analysis by the Wall Street Journal.

It studied securities filings for the first half of 2009 and revenue estimates through year-end.

Total compensation and benefits at publicly traded firms that the Journal analyzed were on track to increase 20 percent from last year's 117 billion dollars, and to top 2007's 130 billion dollar payout.

This year, employees at the companies will earn an estimated 143,400 dollars on average, up almost 2,000 dollars from 2007 levels, it said.

The report came as companies began declaring their third quarter earnings, with financial firms expected to perform well and revenue moving to levels seen before the financial crisis sparked off by a home mortgage meltdown.

JPMorgan Chase reported Wednesday its third quarter profit jumped to 3.6 billion dollars in a further sign of the rebounding fortunes of the banking sector.

The profit however was heavily skewed to investment banking and trading results, which offset weakness in the consumer sector, especially in credit cards.

The group, among the healthiest of the major US banks, said earnings were multiplied nearly by seven from 527 million dollars in the same period a year ago.

Financial firms have been boosted by a stronger stock market, thawing credit market, a resurgence in deal making and the continuing effects of various government aid programs, even though the economy remains sluggish and unemployment is near double digit levels.

The rebound also reflected growing confidence by some Wall Street firms that they can again pay top dollar for top talent, especially once they have repaid the taxpayer-funded capital infusions they received at the height of the crisis, the Journal said.

So far, regulators and lawmakers have focused on making sure pay practices discouraged excessive risk-taking.
The Journal's analysis included JP Morgan and other banking giants such as Bank of America and Citigroup, securities firms like Goldman Sachs and Morgan Stanley and asset managers such as BlackRock and Franklin Resources.

The total revenues of the firms studied were projected to hit 437 billion dollars, surpassing 2007's 345 billion dollars, according to the analysis.

Thursday, October 15, 2009

Hey Nobel Prize Committee - WAR IS PEACE, WAR IS PEACE ....

What a Joke, Obama takes 50,000 troops out of Iraq; but puts 50,000 more contractors in, then sends 16,000 more troops to Afghanistan thus continuing the global 'war on terror' and what does the Nobel committee think? He deserves a Nobel Peace Prize. This crap is so Orwellian people - wake the hell up. I'm not an Obama basher, and I've never voted Republican so get off the two party debate as well because to me it's PEPSI or COKE you morons. You support one or the other side of the same corporate elitist network ; so wake up and start treating it that way.

Now, I know the political BS comes into play here, and Obama cannot look like a 'socialist' for not fighting the 'big bad terrorists' overseas to the right wingers, and had to satisfy the left by pulling out 50,000 troops. The point is, he's playing you all like a friggin' piano, and you people don't even get it. FOLLOW THE MONEY!!! I always have, and I always will when it comes to political issues, because....

MONEY is the MOTHERS MILK of POLITICS.
... annnnnd sooooo :

The rich have stolen your government, and your economy. You must think it's all a big joke, and it's not. The Dollar has fallen 11% against the Russian Rub el. Doesn't that concern you a bit? Gold is up over $1,000 which is what I TOLD YOU. Doesn't THAT concern you? Did you ever think that could happen? Are you conditioned from a young age to believe everything you hear on the radio and watch on television?

Grow up. Start thinking for yourselves. We've fallen asleep at the wheel and our country is in DEEP because of the crooked politicians, bankers, lobbyists, and private interests that control literally everything now. Is this the country you want to give your children? Is these the values you want to raise your family with? Is it ethical for our politicians to deal out over 20 TRILLION DOLLARS to private interests, while leaving the hard working people HOMELESS and in the middle of a mortgage crisis perpetuated by GREED ?

People are waking up everywhere... and to you, I tip my hat in trust as my brother in arms and friend through this struggle. But to those whom still arrogantly shout the statistics of the corporate news networks - grow the fuck up. Obama didn't deserve a Nobel peace prize, the elitists decided he did. Who pulls his strings? Ask yourselves more questions ; think for yourselves and you will be truly free.

Average Bonus at Goldman Sach's in London : $800,000
Executive Bonuses : Several Million $

Ask yourselves why ROLLS ROYCE set a record year -- woooh, hoo well cheers to them eh? go figure in the middle of a recession eh? I assume all the parts / engines and such it supplies to the military industrial complex didn't hurt, either.

Ask yourself, why that in the late 70's the average high income went from around $200k, to $450k -- and why the middle class only went from 40k to 47k ... and the lower classes sank to an all time low in average income??


... me, I'm still trying to figure out what I would actually do with $500,000 a year as income. I think people have become much to indulgent, and comfortable. Perhaps a rude awakening is coming. And maybe, just maybe - not one set in place by an act of war ; but by 'acts' of greed, and indulgent misdoings. What happens 10 years from now? Will they just continue to borrow more, bailing us out perpetually ? ...

Money is the root of all evil. And as Orwell wrote ; WAR, is PEACE.

Woman can barely speak after taking the Flu Vaccine

Saturday, October 10, 2009

Monday, October 5, 2009

Saturday, October 3, 2009

George Bailes....

Wednesday, December 03, 2008



CA: Shooter in shotgun slaying acted in self-defense: "A man wanted in connection with the Sept. 17 shooting death of 54-year-old Hayward resident George Bailes turned himself in to Alameda County Sheriff's deputies Sunday afternoon... Bailes, 54, was shot and killed in an Ashland apartment on the 1500 block of 167th Avenue at about 5:45 p.m. Sept. 17. Sgt. David Dickson said police believe Eddleman shot Bailes in the chest with a shotgun after a chaotic life-or-death struggle. The fight began with a dispute over a car owned by Aaron Hammond, 33, whose girlfriend drove it to San Francisco to see Eddleman, Dickson explained. On the night of the shooting, four other people were present at the Ashland residence when Hammond and Eddleman got into a confrontation over the vehicle in a back bedroom. Hammond fired a handgun at Eddleman and missed, Dickson said. Bailes then charged into the bedroom with a shotgun to defend Hammond, and a struggle over the weapon ensued, Dickson said. In a bloody struggle in which the shotgun was discharged into the ceiling and a knife came into play, the men crashed through a sliding glass shower door before Eddleman finally gained control of the shotgun and shot Bailes, who was falling backward, Dickson said. "It was clearly a violent struggle," Dickson said. "Eddleman was in a fight for his life." Dickson said the District Attorney's Office has determined that Eddleman acted in self-defense.... George Bailes Sr., 74, of Sacramento said Bailes grew up in Hayward. He described his son as a big, tough man who had problems with drugs and the law, and had served time at San Quentin."

Northern Ireland - 1960 > 1970