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Panel receives Timothy Geithner's call logs
Politico.com ^ | 01-24-10 | JAKE SHERMAN & EAMON JAVERS

Posted on 01/24/2010 7:56:36 PM PST by GOP_Lady



TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: bankingcrisis; bho44; bhotreasury; billiondollarbailout; criminalconspiracy; cultureofcorruption; democratscandals; geithner; goldmansachs; howtostealanelection; jpmorgan; manmaindisaster; redistributewealth; tarp; treasury; warrenbuffet

1 posted on 01/24/2010 7:56:37 PM PST by GOP_Lady
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To: Liz; STARWISE; onyx; maggief

HHHhhmmmm?


2 posted on 01/24/2010 8:02:32 PM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: GOP_Lady

The plot thickens.


3 posted on 01/24/2010 8:04:39 PM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: hoosiermama; Liz; maggief; STARWISE; SoCalPol

Oh yes, our Darrell Issa, US Congressman, San Diego’s North County, has been all over this!

It’s now headline news on the scroll for the overseas markets that DrO is watching!


4 posted on 01/24/2010 8:06:14 PM PST by onyx
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To: GOP_Lady; Cindy

Pass it on


5 posted on 01/24/2010 8:13:55 PM PST by mojo114 (Pray for FReeper Jeff Head)
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To: hoosiermama
That's what I was thinking as well as thinking, why was he contacting members of the Nobama transition team that had no official duties?

This is going to be bigger than Watergate folks. Let the heads begin to roll.

6 posted on 01/24/2010 8:29:59 PM PST by patlin (1st SCOTUS of USA: "Human life, from its commencement to its close, is protected by the common law.")
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To: onyx

Darrell Issa was also exposing Chris Dodd.
One reason Dodd is retiring.

Months ago Issa also wrote an 80 page report on ACORN
that can be downloaded from his site.


7 posted on 01/24/2010 8:55:44 PM PST by SoCalPol (Reagan Republican for Palin 2012)
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To: SoCalPol

Yes, but you see on this issue, Geithner testified that he was “out of the loop” and his emails prove he lied.

Issa has him NAILED.


8 posted on 01/24/2010 8:57:32 PM PST by onyx
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To: SoCalPol

I meant to post, his call logs.


9 posted on 01/24/2010 8:58:56 PM PST by onyx
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To: onyx

Issa has been on FOX re the Geithner issue.

Pack your bags Tim, you’re toast.


10 posted on 01/24/2010 9:08:32 PM PST by SoCalPol (Reagan Republican for Palin 2012)
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To: SoCalPol

Oh, well football has been on ALL day at my house. I have not heard a news report, save for the overseas financial news a few minutes ago. TV will be mine soon.


11 posted on 01/24/2010 9:14:48 PM PST by onyx
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To: onyx

It wasn’t today.

I have on John Batchelor and he just had on a segment on Fannie and Freddie, the finalcial disaster that are on their way out.
to be replaced by who knows.


12 posted on 01/24/2010 9:24:17 PM PST by SoCalPol (Reagan Republican for Palin 2012)
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To: onyx; hoosiermama; stephenjohnbanker; maggief; STARWISE; SoCalPol; Mind-numbed Robot; patlin; ...
Congressional Panel receives Timothy Geithner's call logs

FR POSTED Nov 18, 2009 We need audits, WH cell phone records, computer links, wire-transfers, and bank records to get an accurate accounting of the whereabouts of our tax dollars used in this massive fraud.

REFERENCE On June 9, 2009 Ohaha called a press conference to announce, "Several financial institutions are set to pay back $68B to taxpayers." Resonable people (taxpayers) assumed that any money or profit would be returned to the general funds from whence it had come .......in order to pay down the debt. The truth, however, is that the money returned by the banks is finding new life as part of what amounts to a Treasury Dept slush fund controlled by Tim Geithner.

REFERENCE We kept reading and hearing about Ohaha rushing Congress to approve "a $787 billion stimulus package" early this year. Now uber-Lobbyist Thomas Hale Boggs, Esq, interviewed by nightly news several months ago said, "there's $2 TRILLION federal stimulus waiting to be distributed". Boggs said he was getting unprecedented numbers of calls from all over the US......from those who want a piece of it. (Boggs is the son of former Cong Hale Boggs and brother of former ABC-TV commentator Cokie Roberts).

FOLLOW THE MONEY Who's kidding who? This was no reporting error. This was money laundering.....purposefully done to get the stim to "insiders." The stim is nothing more than a slush fund----to be used for campaigns and for personal purposes.

THE STIMULUS SCAM---A DEM SLUSH FUND Americans are awakening to the fact that govt insiders are mishandling trillions in stimulus------that federal monies are being illegally directed to Democrat campaign coffers, or wire-transferred offshore into personal accounts......or being laundered in the states.

ITEM $17.5 billion stim disappeared when it hit NJ as the Dem Gov's reelection was gearing up, news reports stated.

ITEM Recovery.org (the stimulus reporting website financed with $18 million tax dollars) lists phantom districts and fake zip codes as having received millions of stim dollars.

ITEM Some 85% of Obama's stimulus is still in Washington under Ohaha's control being hoarded for imperiled Dems' 2010-12 elections. Obama's pork-laden stimulus, and other wasteful spending, isn't doing much good. US unemployment keep rising to levels not seen in decades, w/ scant hope of a rebound. Ergo, we can safely conclude that creating jobs was NOT the reason for Ohaha's trillion dollar stimulus.

REFERENCE Obama appointed Vice President Biden to oversee the dispersement of the trillions in stimulus.

"Hi there, Americans. My son and brother are gonna help me disperse the trillion dollar stiumulus. "

REFERENCE Fraudster had links to offshore fund run by Bidens
Reuters on Yahoo | 2/23/09 | BY Ajay Kamalakaran
(Excerpt) Read more at news.yahoo.com ...

(Reuters) – A fund of offshore hedge funds run by two members of VP Joe Biden's family was marketed exclusively by offshore firms controlled by Texas financier Allen Stanford, now in jail, charged by regulators with an $8 billion fraud, the Wall Street Journal said.

The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and the offshore Stanford Financial Group entity headquartered in Antigua, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related offshore companies marketed the Biden fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.

Paradigm Global Advisors is owned through a holding company by the vice president Biden's son, Hunter, and Joe Biden's brother, James, according to the WSJ. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford offshore entity invested the roughly $2.7 million. He told the paper the Bidens NEVER met or communicated with Stanford (/snicker).

13 posted on 01/25/2010 1:14:08 AM PST by Liz
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To: Liz

Agnew ‘0’Biden, Oh My


14 posted on 01/25/2010 1:34:43 AM PST by patlin (1st SCOTUS of USA: "Human life, from its commencement to its close, is protected by the common law.")
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To: Liz

BUMP.


15 posted on 01/25/2010 1:39:13 AM PST by Cindy
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To: Liz

“He told the paper the Bidens NEVER met or communicated with Stanford (/snicker). “

Yeah sure, no problem...... ;-)


16 posted on 01/25/2010 5:38:14 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: hoosiermama; Liz; SE Mom; onyx; STARWISE

The plot thickens.

FLASHBACK:

http://www.businessinsider.com/henry-blodget-geithner-now-out-of-the-loop-resignation-talk-begins-2009-3

Geithner “Out Of The Loop,” Resignation Talk Begins
Henry Blodget | Mar. 17, 2009

EXCERPT

# He still has no coherent plan to fix the banking system
# He has convinced no one that he’s the right man to lead us out of this.
# He helped design the past administration’s failed bailouts
# He was the architect of the original AIG bailout
# He tacitly helped cover up the AIG “counterparty” bailout beneficiaries for 6 months
# He approved the latest round of AIG bonuses last week (according to AIG)

At the very least, Geithner needs to answer for his role in the original AIG bailout, which has been a disaster, as well as the counterparty cover-up.

In September, Geithner and Hank Paulson engineered an AIG bailout in which Paulson’s firm (and one of Geithner’s patrons on the New York Fed) secretly received $13 billion of taxpayer money that no taxpayer was told about. Now that taxpayers have found out about it, they are justifiably pissed.

//

http://www.nytimes.com/2008/09/13/business/13rescue.html?pagewanted=print

September 13, 2008
U.S. Gives Banks Urgent Warning to Solve Crisis
By ERIC DASH

This article was reported by Jenny Anderson, Edmund L. Andrews, Vikas Bajaj and Eric Dash and written by Mr. Dash.

As Lehman Brothers teetered Friday evening, Federal Reserve officials summoned the heads of major Wall Street firms to a meeting in Lower Manhattan and insisted they rescue the stricken investment bank and develop plans to stabilize the financial markets.

Timothy F. Geithner, the president of the New York Federal Reserve, called a 6 p.m. meeting so that bank officials could review their financial exposures to Lehman Brothers and work out contingency plans over the possibility that the government would need to orchestrate an orderly liquidation of the firm on Monday, according to people briefed on the meeting.

Flanked by Treasury Secretary Henry M. Paulson Jr. and Christopher Cox, the chairman of the Securities and Exchange Commission, he gathered the executives in person to impress on them the need to work together to resolve the current crisis.

Mr. Geithner told the participants that an industry solution was needed, no matter what, and that it was not about any individual bank, according to two people briefed on the meeting but who did not attend. They said he told them that if the industry failed to solve the problem their individual banks might be next.

A spokesman for the New York Federal Reserve Bank in New York confirmed the meeting but declined to provide details on the discussions. The Wall Street executives included the following chief executives: Lloyd Blankfein of the Goldman Sachs Group, James Dimon of JPMorgan Chase, John Mack of Morgan Stanley, Vikram Pandit of Citigroup and John Thain of Merrill Lynch. Representatives from the Royal Bank of Scotland and the Bank of New York Mellon were also present. Lehman Brothers was noticeably absent from the talks.

(snip)

//

Timeline:

http://www.nytimes.com/2009/09/13/weekinreview/13word.html


17 posted on 01/25/2010 6:26:54 AM PST by maggief
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To: stephenjohnbanker

BIDENS: “Stanford, who?”


18 posted on 01/25/2010 6:34:53 AM PST by Liz
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To: maggief

BTTT


19 posted on 01/25/2010 6:41:58 AM PST by SE Mom (Proud mom of an Iraq war combat vet)
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To: Liz

Yeah ;-)

Maybe Biden can steal another speech. Is Neil Kinnock still alive?


20 posted on 01/25/2010 6:46:10 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: maggief
Geithner has to be one of the more incompetent Treasury Secretaries and ex-Fed members in recent decades.

As Confuscious say: "Tis better to cultivate an image as a complete ignoramus than to face felony charges for 1st-degree tampering with public records, 1st-degree offering of a false instrument for filing, 4th-degree grand larceny, 1st-degree falsifying of official records, government fraud, collusion, establishing a slush fund for WH insiders, stealing govt money for campaigns of engangered Dems, money-laundering, tax evasion (stolen money is taxable)........which would result in substantial federal prison time without possibility of parole."

=============================================

NAILING GEITHNER Contact the IRS Criminal Investigations Division (IRS-CI) (CALLERS CAN REMAIN ANONYMOUS)
> To report suspected tax fraud activity, Tel toll-free 1-800-829-0433
> To report suspected tax law violations, Tel toll-free 1-800-829-0433

MISSION STATEMENT The IRS-CI mission is to follow the money. No matter the source, all income earned, both legal and illegal, has the potential of becoming involved in crimes. The IRS-CI utilizes the broad authority of Title 26 and 31, tax, currency reporting and forfeiture and Title 18 money laundering, conspiracy and forfeiture to identify, investigate and prosecute the most significant tax, currency and money laundering offenders; and to pursue the assets of those offenders both domestically and internationally for criminal tax and asset forfeiture purposes.

Contact the IRS when you suspect :
> Abusive Tax-exempt Non-profit Schemes
> Unscrupulous Tax Return Preparers
> Frivolous filers/non-filers who challenge the constitutionality of the American tax system
> Income Tax Evasion
> Failure to File
> Filing False Returns
> Employment Tax Cases
> Claims for Fraudulent Refunds
> Illegal Source Financial Crimes (Money obtained illegally or through fraud)
> Narcotics Related Financial Crimes
> Money Laundering

The IRS is also interested in the leadership and members of groups involved in tax, money laundering, or currency violations and persons engaged in fundraising activities using tax exempt organizations, and complex, extensive or convoluted financial transactions.

21 posted on 01/25/2010 6:53:52 AM PST by Liz
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To: Liz

In other news...

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/25/AR2010012501129.html

Beau Biden, VP’s son, won’t seek US Senate seat

By RANDALL CHASE
The Associated Press
Monday, January 25, 2010; 9:37 AM

DOVER, Del. — Delaware Attorney General Beau Biden will not be running for the U.S. Senate seat once held by his father, Vice President Joe Biden.

The younger Biden told supporters in an e-mail Monday that he will run for re-election as attorney general rather than seek the Democratic nomination for Senate.

(snip)


22 posted on 01/25/2010 6:56:22 AM PST by maggief
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To: maggief
Geithner needs to answer for his role in the disastrous AIG bailout, as well as the counterparty cover-up. In September, Geithner and Hank Paulson engineered an AIG bailout in which Paulson’s firm (and one of Geithner’s patrons on the New York Fed) secretly received $13 billion of taxpayer money that no taxpayer was told about. Now that taxpayers have found out about it, they are justifiably pissed.

Can you say numbered offshore accounts, wire transfers, money laundering, government fraud?

Obama, Paulson, Geithner, where is the stimulus?

ITEM---As Treasury Secy, Henry Paulson, threatened US Senators with Martial Law if they did not vote him the $350 bailout billions. Paulson demanded the TARP be exempt from judicial, legislative, and regulatory review. $350B disappeared without a trace---and NO significant effect on the economy.

US Sen. Jim Inhofe (R-Oklahoma) announced that Congress was not told the truth about the entire $700 billion TARP bailout. "The American people don't know how much money Treasury Secy Henry Paulson has given away to anyone. IT COULD BE TO HIS FRIENDS. We don't know. There is no way of knowing.''

ITEM Paulson stationed Neel Kaskari (his right-hand man when Paulson headed Goldman Sachs) to "oversee" $350B TARP payouts. We still do not know in which G/S rathole these two secreted the $350B.

=========================================

Documents Reveal How then-Secy Paulson Forced Banks To Take TARP Cash
The business insider | 5/14/09
FR Posted 05/14/2009 by FromLori

Remember the infamous meeting when then-Treasury Secretary Hank Paulson had the heads of 9 major banks come down to Washington? It was then that he made them the offer they couldn't refuse. Take TARP cash, or else!

Now Judicial Watch -- the conservative watchdog -- has uncovered secret documents via the FOIA.

The first 1-pager is Paulson's talking points for the bank. It basically confirms that he put a gun to all their heads. It says they must agree to take their cash, and that if they protested, then each bank's regulator would force them to take it anyway.

The next document is perhaps even more mindblowing.......a one-page agreement whereby each CEO agreed to let the government make its preferred stock injeciton. Both the amounts of the injection, and the name of the bank, are just handwritten scrawl. (Excerpt) Treasury Participation Commitment Read more at businessinsider.com ...

23 posted on 01/25/2010 7:06:03 AM PST by Liz
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To: Liz; Jim Robinson
FR POSTED Nov 18, 2009 We need audits, WH cell phone records, computer links, wire-transfers, and bank records to get an accurate accounting of the whereabouts of our tax dollars used in this massive fraud.

Jim can we get a special thread asking freepers to add more information to the above, contact congressional delegations, media etc demanding the bold area above. Liz knows what she is talking about. Let's get er done....Audit the Fed! Stop the money laundering!

24 posted on 01/25/2010 7:15:51 AM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: Liz; maggief

GOOD stuff, Liz and maggief.
We need to save this thread.


25 posted on 01/25/2010 7:24:31 AM PST by onyx
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To: onyx

http://www.freerepublic.com/focus/f-news/2436736/posts

Timothy Geithner warns of Ben Bernanke fallout
Politico ^ | January 24, 2010 | Mike Allen

Treasury Secretary Timothy Geithner warned that the financial markets would view a Senate rejection of Ben Bernanke’s renomination as “very troubling” but said he’s sure the embattled Federal Reserve chairman will prevail.

“We’re very confident that the chairman will be reconfirmed by the Senate, and we think it’s very important he be reconfirmed by the Senate,” Geithner said Friday in an interview at the Treasury for POLITICO’s new video series, “Inside Obama’s Washington,” debuting Monday.

“He’s done a remarkable job of helping steer this economy out of the great recession. And I think he’ll play a very important role in helping in the success of our efforts to try to make sure we are bringing this economy back to durable growth.”

Asked about possible market reaction to a defeat, Geithner said: “I think the markets would view that as a very troubling thing to the economy as a whole. But, as I said, I don’t think they should be uncertain. I think they should be confident because we are very confident he will be reconfirmed.”

Bernanke is having such a rough time, Geithner suggested, because the country is “in a moment where people are incredibly angry and frustrated by the damage this crisis caused.”

(Excerpt) Read more at politico.com ...


26 posted on 01/25/2010 7:31:05 AM PST by maggief
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To: maggief

When in the history of the United States has there been a credible movement to remove both the Chairman of the Federal Reserve and the Secretary of the US Treasury?

The answer is never since the invention of the private bank, the US Federal Reserve.

J. Sinclair 1/23/10


27 posted on 01/25/2010 7:39:12 AM PST by onyx
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To: GOP_Lady

Having Geithner head the IRS is like something out of SNL.


28 posted on 01/25/2010 7:40:48 AM PST by Dante3
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To: onyx; All

http://wallstreetpit.com/13453-geithner-must-go

According to Representative Darrell Issa, Republican of California, “It appears that the New York Fed deliberately pressured AIG to restrict and delay the disclosure of important information to the S.E.C.”. Not only did Geithner want to keep this information from the public, but also from fellow regulators. (Whoops, Geithner admitted he was never a regulator.) This smells fishy because it is. Geithner not only oversaw the operation but his office prohibited AIG from telling the truth about it.

//

In older news ...

http://www.newyorkfed.org/aboutthefed/org_nydirectors.html

Board of Directors

...

Jeffrey R. Immelt (bio) 2011
Chairman and Chief Executive Officer
General Electric Company

http://www.glennbeck.com/content/articles/article/198/29815/?ck=1

Maybe we have to start with the company whose CEO is a close financial adviser to the president of the United States, who helped write the health care bill and cap-and-trade bill and who has billions of dollars at stake: Jeffrey Immelt.

Immelt has been appointed by president to the board of directors to the New York Federal Reserve.


29 posted on 01/25/2010 7:50:44 AM PST by maggief
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To: maggief; SoCalPol

According to Representative Darrell Issa, Republican of California, “It appears that the New York Fed deliberately pressured AIG to restrict and delay the disclosure of important information to the S.E.C.”. Not only did Geithner want to keep this information from the public, but also from fellow regulators. (Whoops, Geithner admitted he was never a regulator.) This smells fishy because it is. Geithner not only oversaw the operation but his office prohibited AIG from telling the truth about it.


30 posted on 01/25/2010 8:40:12 AM PST by onyx
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To: Liz
Geithner will remain as TSec, at least until elections, for several reasons, not the least of which is this:

If Geithner Goes, The Top Two Contenders - CNBC, 2010 January 20, by Lee Brodie

If Geithner is forced out, it would not be because of AIG issue or pressure from Congress (though Dems on the Hill could be used by Obama to do the deed, while he is publicly wringing and washing his hands) - it would be because he is regularly a big thorn in the side of another Obama's close advisor, FDIC's Sheila Bair, and because he had the temerity to publicly question and express his disagreement with some of Obama's programs, regulations or trial balloons:

Geithner on the outs with Obama - NYP, 2010 January 24, by Mark DeCambre

That's what used to be known as Kremlinology, in the "good old days" of Cold War, when all were looking at the order of Comrades standing left and right from the Soviet leader.

The latest Kremlinology signs doesn't look good for Tim, but this is Obama's call and he'll make it for internal reasons, not because of supposed pressure from Congress.

Re Biden's family ties with Stanford's and other funds - it's probably one of the reasons why Beau Biden would not run for his father's Senate seat. Another may be this poll by a prominent and rabid Dem pollster:

Health Care BS - LEFTY POLL ANALYST PREDICTS SEVEN-SEAT SENATE LOSS FOR DEMS :

Above chart might also explain while Sen. Blanche Lincoln (D-Arkansas) is having a sudden conference on Tuesday.

31 posted on 01/26/2010 12:43:28 AM PST by CutePuppy (If you don't ask the right questions you may not get the right answers)
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To: GOP_Lady

http://www.zerohedge.com/article/tim-geithners-financial-crisis-declassified-phone-log-released

Tim Geithner’s “Financial Crisis” Declassified Phone Log Released


32 posted on 01/26/2010 12:52:37 AM PST by roses of sharon ("After God, we believe in America", a Haitian to a U.S. Marine who gave him water.)
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To: CutePuppy; onyx; hoosiermama; stephenjohnbanker; maggief; STARWISE; SoCalPol; Mind-numbed Robot; ...
LEFTY POLL ANALYST PREDICTS SEVEN-SEAT SENATE LOSS FOR DEMS Nate Silver, a much beloved poll analyst of the Left, has some bad news for Dems. His latest statistical model suggests that, when the smoke clears after November’s midterms, the Dem Senate majority will be down to 52 seats. Here’s his chart showing the statistical probability of various electoral outcomes:

In terms of individual Senate seats, Silver’s model suggests that seven Democrat seats will go Republican. Here are the statistical probabilities produced by his algorithm for those seats. The percentage to the right of each state is the statistical probability that one of its seats will flip to Republican hands:

North Dakota———-99%
Arkansas—————–73%
Nevada——————–73%
Pennylvania ———–72%
Colorado——————70%
Delaware—————–66%
Illinois——————–51%

This is, of course, highly speculative stuff. But Silver has a pretty decent track record for accuracy, and he most assuredly is not biased in favor of the GOP. Considering the stubborn refusal of the Democrats to face the grim political realities highlighted by the Massachusetts Senate election, things could turn out even worse than he predicts.

The chart might also explain why Sen. Blanche Lincoln (D-Arkansas) is having a sudden news conference on Tuesday (to announce she's quitting).

33 posted on 01/26/2010 4:41:16 AM PST by Liz
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To: Liz

Losing “Obama’s” seat would be as delicious as the “Kennedy” loss.

:D

Note to self: Stock up on popcorn and champagne.


34 posted on 01/26/2010 4:53:41 AM PST by maggief
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To: Liz

LOL.....I hope its 10 ;-)


35 posted on 01/26/2010 5:01:45 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: onyx; Liz

“Oh yes, our Darrell Issa, US Congressman, San Diego’s North County, has been all over this!”

Issa, Hunter.........two of my all time favorites!

“DrO is watching!”

Chauncy Obama Gardiner: “ I like to watch”


36 posted on 01/26/2010 5:06:34 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: maggief
Mmmmmm.....a Pubbie taking Ohaha's Senate seat. And can you imagine Ohaha's reaction?

I just hope he doesn't lose it completely.

That kinda thing can turn a disturbed person into a serial killer.

ROTFL

37 posted on 01/26/2010 5:23:18 AM PST by Liz
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To: Liz

CA isn’t mentioned and this just might be the year Boxer is dethroned.


38 posted on 01/26/2010 12:42:52 PM PST by onyx
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