Smith and Wesson stock should be skyrocketing.
Obama and Hoffa carrying out what they said they would. Taking down the banks is a bonus.
Poll numbers for bummer are way down.
Choose your favorite natural law and use it as a metaphor.
I like flying, so of course, I see it as society's stall speed.
In history whenever we reach anywhere near the wealth imbalance we've slowed down into, a crash ensues.
Libs make the charge because it gets them elected.
Have a nice day.
Many of the leading investment bankers and brokerage firms of Wall Street are liberals and Obama backers. It’s hypocritical to portray Republicans and conservatives as being in Wall Street’s pockets.
This is Obama’s attempt at a communist revolution. He knows it is now or never.
It seems as if these guys are drilling for a possible loss next November. They are sending the signal of more of this to come.
That's why we got Quantitative Easing, and why gasoline was $4 a gallon, and potato chips are $4 a bag.
Odimbulb could kill the banks RIGHT NOW by forcing mark-to-market, and ending mark-to-fantasy on mortgage valuations.
My question to any and all FReepers in FReeperdom is...
Will it work?
After all, the majority of those who voted in 2008 put these people in office. A compliant, biased media, rabid socialists, and the power of the presidency this time; I'm concerned.
All of this is what Glenn Beck said would happen on his show months ago – and they called him crazy, nuts, a lunatic. Now it is happening, and the Wall Street protestors are calling for global revolution and the collapsed of “the system”, and there is no doubt that Obama is fanning flames and will do nothing to squash what some are now calling the “American Fall” a counterpart to the Arab Spring. The funding is being provided by the usual suspects, SEIU, Center for American Progress, among others, and you know who is funding them, George Sorros. Their playbook, The Rules for Radicals, called it “creating a crises” and what you are seeing is the Bottom Up / Top Down theory also from that same book outlining how to destroy capitalism and what is left of patriotism which will be caught in the middle. And this I am afraid is going to get much uglier.
God help us.
What is behind the protests? Mass “white” unemployment in the most expensive region of the world, with education/skills offering little protection against it.
Flame me if you want, but when you scrape away the silly side issues of the fringes involved here, a lot of these people have some valid points and hopefully can do something to improve conditions for all of our workers. The simple fact is that no matter how much you think you’ve played a role in keeping your job, most jobs are very easy to send away nowadays and most of us could easily be in their shoes. I recently met some accountants from the Philippines, paid $65K to work here; these are jobs some of these protesters undoubtedly held until six months ago.
For the record, I’ve been working steadily since delivering newspapers in grammar school, and probably will be for years to come. Given that, there is no doubt that our standard of living has visibly fallen in the last few decades, and we’ve done little to stop it.
It really infuriates him to have a Republican Congress. Kings aren't supposed to have opposition. He can't come to grips with it.
If we don't push back hard, we may go through 80 years of abject poverty and control, the same as Communist Russia after the Revolution.
2008 donations to Obama
University of California $1,648,685
Goldman Sachs $1,013,091
Harvard University $864,654
Microsoft Corp $852,167
Google Inc $814,540
JPMorgan Chase & Co $808,799
Citigroup Inc $736,771
Time Warner $624,618
Sidley Austin LLP $600,298
Stanford University $595,716
National Amusements Inc $563,798
Wilmerhale Llp $550,168
Skadden, Arps et al $543,539
Columbia University $541,002
UBS AG $532,674
IBM Corp $532,372
General Electric $529,855
US Government $517,908
Morgan Stanley $512,232
Latham & Watkins $503,295
A child like world view of 22 year olds is what’s behind the protests.
Many of them are Fine Arts majors that are finally realizing they will never be able to pay back $500,000 of student loans on a Starbucks paycheck.
Obama Seeks to Win Back Wall St. Cash
By NICHOLAS CONFESSORE
Published: June 12, 2011
New York Times
WASHINGTON — A few weeks before announcing his re-election campaign, President Obama convened two dozen Wall Street executives, many of them longtime donors, in the White House’s Blue Room.
0bama:
“You just made me think of a new word. “sarcicisstic”—a combination of sarcasm and narcissism. Kind of the ultitimate in “up-yours-ology.” can’t wait to hear it at the Spelling Bee finals!”
Kudos to disabledvet @zerohedge