http://www.freerepublic.com/tag/business-bloggers/ en-us Mon, 6 Oct 2008 19:02:41 GMT Focus Forum 15 http://www.freerepublic.com/focus/f-bloggers/2098865/posts So what is going on with all this aggressiveness to buy a bank in trouble? Paulson's Treasury is writing regulations that will benefit firms like his old firm Goldman Sachs. It just so happened that this rule change was made last week Tuesday and Wells Fargo decided to try and steal Wachovia from the grips of Citigroup and its sweetheart deal. Signed contracts be damned... EconomcPolicyJournal.com http://www.freerepublic.com/focus/f-bloggers/2098865/posts#comment Mon, 6 Oct 2008 19:02:41 GMT http://www.freerepublic.com/focus/f-bloggers/2098864/posts Americans may be unhappy with the Wall Street bailout, but it has given encouragement to a beleaguered Al Qaida."The enemies of Islam are facing a crushing defeat, which is beginning to manifest itself in the expanding crisis their economy is experiencing," said a stinking, 7th century misogynist Al Qaida spokesturd...One of Bin Laden's stated goals was to bring financial ruin to the United States. The wackadoos who think 9/11 was an inside job should drop that nonsense and focus on the financial headlines instead. Osama himself couldn't have planned it any better. This failure was an inside job, but the... Nietzsche is Dead http://www.freerepublic.com/focus/f-bloggers/2098864/posts#comment Mon, 6 Oct 2008 19:01:03 GMT http://www.freerepublic.com/focus/f-bloggers/2098729/posts Former Lehman Brothers CEO and long-time Barack Obama contributor Richard Fuld is testifying today concerning his role in the failure of the Investment banking giant. Fuld joins the ranks of the dozens of former wall street executives who have or are likely to be paraded in front of Congress over the coming months. Fuld also contributed to Senator Dodd's campaign and The Democratic National Senatorial Committee's fund. Among Obama's campaign contributors are dozens of other ... PDOP http://www.freerepublic.com/focus/f-bloggers/2098729/posts#comment Mon, 6 Oct 2008 16:20:56 GMT http://www.freerepublic.com/focus/f-bloggers/2098706/posts Exclusive Statement by Marion Thorpe, Congressional Candidate for FL-23 to MythDebunker Late last week, members of both parties saw fit to set aside $700 billion to bailout banks and other financial institutions that had acted recklessly. To be sure, some of their actions were caused by improper interference on the part of the government to begin with, prompting them to issue reckless loans that in the end did nothing to help people save money nor accumulate wealth. Categorically, the banks that are now in trouble far exceeded their mandate and, as such, their problems are in large part of their... Myth Debunker http://www.freerepublic.com/focus/f-bloggers/2098706/posts#comment Mon, 6 Oct 2008 16:00:46 GMT http://www.freerepublic.com/focus/f-bloggers/2098675/posts I've seen a number of people say the Repblicans should pound the Democrats on the fact that the roots of this crisis are in the Community Reinvestment Act (a Democratic attempt to make life "fair" by forcing banks to make loans to people that were unqualified to pay them back--the now infamous "sub-prime" loans) and the fact that Democrats repeatedly blocked attempts to reform or increase oversight of Fannie and Freddie. It is good to point that out. It provides a counter balance to the Democrats yelling "it's Bush's fault" at the top of their lungs, but provide a counter... Muny Dews Blog http://www.freerepublic.com/focus/f-bloggers/2098675/posts#comment Mon, 6 Oct 2008 15:25:42 GMT http://www.freerepublic.com/focus/f-bloggers/2098593/posts Are with heading towards a new great depression? All I hear is talk of economic collapse. The European markets seem to be getting crushed right now. The Dow has not responded to the "miracle of the bailout" and I am not sure what to think. I believe in the magic of the marketplace and that we will be back on track soon, but I want to hear your opinion. It would be really great if there are any economists in the crowd. none http://www.freerepublic.com/focus/f-bloggers/2098593/posts#comment Mon, 6 Oct 2008 13:05:42 GMT http://www.freerepublic.com/focus/f-bloggers/2098566/posts The Obama campaign has launched KeatingEconomics.com. The site goes after John McCain and his role as one of the Keating Five... EconomicPolicyJournal.com http://www.freerepublic.com/focus/f-bloggers/2098566/posts#comment Mon, 6 Oct 2008 12:38:03 GMT http://www.freerepublic.com/focus/f-bloggers/2098469/posts Hi, With the grave reality of the fall of the US housing economy as well as the loss of jobs here in US,I am deeply concerned and worried about the future of our nation as a whole and thought of writing to you as you all can ring the bells into the ears of a vast-section of the population. The grave effects of offshoring and then the indiscriminate loans being provided for hiked-up properties for non-qualified people have put the country at it's very end days.We don't have jobs anymore more our people,our jobs have been transferred to India,China and... http://www.freerepublic.com/focus/f-bloggers/2098469/posts#comment Mon, 6 Oct 2008 05:56:21 GMT http://www.freerepublic.com/focus/f-bloggers/2098341/posts Fannie Mae and Freddie Mac play a dominant role in the housing market by buying up mortgages and reselling them to investors. With approximately 5 trillion dollars of investment portfolios, they owned or guaranteed about 70% of the U.S. mortgage market these banks simply became too large to fail. Throughout the years, Fannie and Freddie have come to play a dominant role in the housing market by buying up mortgages and reselling them to investors. With approximately 5 trillion dollars of investment portfolios, Freddie and Fannie owned or guaranteed about 70% of the U.S. mortgage market - these banks have... Intellectual Conservative http://www.freerepublic.com/focus/f-bloggers/2098341/posts#comment Mon, 6 Oct 2008 01:16:35 GMT http://www.freerepublic.com/focus/f-bloggers/2098312/posts A Republican front organization, AmeriPac, is sending an email out linking Barack Obama to the mortgage crisis. The email is a bit of a stretch, but not a complete stretch. The mortgage crisis was chiefly caused by the easy money printed by the Federal Reserve during the Alan Greenspan era and the early-Ben Bernanke era, and by the econometricians who used faulty equations to justify the financing of sub-prime mortgages. That said, the banking industry's heavy focus on sub-prime mortgages was also influenced by heavy lobbying pressure by left wing groups to provide mortgages to minorities and the poor. Chief... EconomicPolicyJournal.com http://www.freerepublic.com/focus/f-bloggers/2098312/posts#comment Mon, 6 Oct 2008 00:42:44 GMT http://www.freerepublic.com/focus/f-bloggers/2098260/posts President Bush is pushing through Congress a brand new welfare program for the rich; the so-called bailout is unnecessary, exploitative and will have a negative impact upon the economy. Apparently, $700 billion will prevent some major lenders from going bankrupt. We are told the entire economy will fall apart and we will sink into a major economic depression if we do not fork over the $700 billion. Nonsense! The financial companies never had the money, which they lent out, in the first place. They are engaged in what the Austrian School of Economics titled legalized fraud. The predictions of economic... The Hutchinson News http://www.freerepublic.com/focus/f-bloggers/2098260/posts#comment Sun, 5 Oct 2008 23:36:41 GMT http://www.freerepublic.com/focus/f-bloggers/2097920/posts Washington—Democrats on Capitol Hill have done the unimaginable. The U.S. House of Representatives have created the most significant homeless legislation in American history, slashing homeless numbers to insignificant levels for the first time. Spearheaded by Rep. Nancy Pelosi, D-CA—a woman capable of handling children and the country—H.R. 9300 will face a vote that is all but a formality on Wednesday, October 8, 2008, literally redefining homelessness through a new set of legal standards. Some of these standards include: 1. Those watching a large screen HDTV will not be considered homeless. 2. Car owners will no longer be considered homeless. 3.... Elective Decisions http://www.freerepublic.com/focus/f-bloggers/2097920/posts#comment Sun, 5 Oct 2008 13:30:37 GMT http://www.freerepublic.com/focus/f-bloggers/2097798/posts Chairman of the US House of Representatives Financial Services Committee, Barney Frank, is responsible for oversight of the US mortgage markets administered by government created entities, Fannie Mae and Freddie Mac. Barney’s partner and lover, Herb Moses was a senior executive at Fannie Mae: “C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws?” A GOP aide told FOX News. “No media ever takes note? Imagine what would happen if Frank’s political affiliation was R instead of D? Imagine what the media would say if [GOP... American Nonsense http://www.freerepublic.com/focus/f-bloggers/2097798/posts#comment Sun, 5 Oct 2008 04:18:29 GMT http://www.freerepublic.com/focus/f-bloggers/2097766/posts My friends, In the last week or two, I have heard frequently from you that the current financial mess has been caused by the failures of free markets and deregulation. I have heard from you that the lust after profits, any profits, that is central to free markets is at the core of our problems. And I have heard from you that only significant government intervention into financial markets can cure these problems, perhaps once and for all. I ask of you for the next few minutes to, in the words of Oliver Cromwell, consider that you may be mistaken.... Professor of Economics at St. Lawrence University http://www.freerepublic.com/focus/f-bloggers/2097766/posts#comment Sun, 5 Oct 2008 03:08:59 GMT http://www.freerepublic.com/focus/f-bloggers/2097763/posts (1) Crime that pays is crime that stays.There is reason to believe that Wall Street and those they represent are holding loans without collateral, multiple loans secured by the same properties, and other fraudulent instruments among the “troubled assets.” Based on the secret “Treasury Conference Call” with 800 Wall Street insiders, we know the deal proposed to be passed by Congress isnÂ’t the real deal promised to Wall Street. (2) This smells like obstruction of justice.Bail-out without due diligence of so called “troubled assets” is a perfect way to hide documentation of financial crimes. It is also a perfect means... Solari Real Channel http://www.freerepublic.com/focus/f-bloggers/2097763/posts#comment Sun, 5 Oct 2008 03:07:04 GMT http://www.freerepublic.com/focus/f-bloggers/2097720/posts Ten Observations of Causes and Solutions to the US The April 21 edition of Investment News reported on a United States Senate Banking Committee hearing: “It’s a vicious cycle,” Sen. Charles Schumer, D-N.Y., said during a Feb. 28 Senate Banking Committee hearing. “How do you mark to market when there is no market?” Mr. Schumer suggested that it might be better if companies just delayed mark-to-market accounting for six months. “If you undervalue it, you may be hurting things as much as if you overvalue it,” he said. Even Federal Reserve Board Chairman Ben Bernanke said that circumstances make it... Leading Execution http://www.freerepublic.com/focus/f-bloggers/2097720/posts#comment Sun, 5 Oct 2008 01:49:40 GMT http://www.freerepublic.com/focus/f-bloggers/2097632/posts Pirate Standoff Ended--Government Meets Ransom Demands Paulson Plan Passes--Nigerian E-Mailers Jealous Remember When $700 Billion Was A Lot Of Money?New Deal 2008: A Taxpayer in Every PotFree-Market Capitalism Replaced By Rigged-Market Socialism Billions for Plutocrats, Not a Penny to pay down the DebtGreed and Ignorance Rewarded, More to Follow...Constitution? What's That?Ronald Reagan Has Left The BuildingRepublicrats Claim Victory, Demicans Beg To DifferCrisis Averted, On To The Next OneFinal Score: Robber Barons 700,000,000,000 American Taxpayers 0 Nietzsche is Dead http://www.freerepublic.com/focus/f-bloggers/2097632/posts#comment Sat, 4 Oct 2008 22:33:33 GMT http://www.freerepublic.com/focus/f-bloggers/2097604/posts On RFFM.org you will find a list of those Congressional members who voted "yea" for a nearly $1 trillion rape of the American taxpayer: http://rffm.typepad.com/republicans_for_fair_medi/2008/10/the-bipartisan-boondoggle-which-members-of-congress-voted-yea---putting-the-us-nearly-1-trillion-in-more-debt.html I am not an economist. I am simply an American citizen who knows when it walks like a duck, quacks like a duck and defecates like a duck, it's a duck. Late last week, the U.S. Senate and House of Representatives passed a bill that will put the U.S. government nearly $1 trillion deeper in debt. Earlier in the week, the House of Reps. found some political backbone and rejected the $700 billion pork-laden bailout... RFFM.org http://www.freerepublic.com/focus/f-bloggers/2097604/posts#comment Sat, 4 Oct 2008 21:46:38 GMT http://www.freerepublic.com/focus/f-bloggers/2097442/posts Currently playing at the metroplex is “Flash of Genius,” the story Robert Kearns, who invented the car intermittent windshield wiper. Kearns’ invention was stolen by Ford Motor Company, which launched a long fight by Kearns to not only be paid for his invention, but to be given credit for it as well. There is a similar story, that of my dad, Robert Sherman. My dad invented and patented the portable, in-room climate control device – one that cooled or heated, humidified or dehumidified, and filtered the air. He filed for a patent on February 13, 1945, and on January 6,... The Nav Log http://www.freerepublic.com/focus/f-bloggers/2097442/posts#comment Sat, 4 Oct 2008 16:38:05 GMT http://www.freerepublic.com/focus/f-bloggers/2097419/posts The lovely Daria Werbowy has that 1960s Big Hair going and flowing in an intriguing photoshoot for Christian Dior... The Fashion Time Magazine http://www.freerepublic.com/focus/f-bloggers/2097419/posts#comment Sat, 4 Oct 2008 15:45:26 GMT http://www.freerepublic.com/focus/f-bloggers/2097378/posts For 2 weeks the Bush Administration and Democratic and Republican leadership in the house have driven fear into the American public, predicting calamity and depression if a government intervention of the credit markets did not occur... Yet the question remains, Can We Really resell these toxic assets and recover taxpayer dollars? No, and here is why: First... PDOP http://www.freerepublic.com/focus/f-bloggers/2097378/posts#comment Sat, 4 Oct 2008 14:28:22 GMT http://www.freerepublic.com/focus/f-bloggers/2097323/posts Government buying bad debts from private businesses to solve a credit crunch. That's just about the craziest nonsense I've ever heard, and it's the first time in history it's happened as far as I know. It makes no business sense. Government buying a business's bad debts doesn't solve the problem of that business taking on bad debts. They might just keep right on doing it. It makes no economic sense. It does nothing to restore confidence in the economy, and confidence in the economy is what we need more than anything right now. Despite Bush's rantings ...and Paulson's rantings ...we... http://www.freerepublic.com/focus/f-bloggers/2097323/posts#comment Sat, 4 Oct 2008 12:30:46 GMT http://www.freerepublic.com/focus/f-bloggers/2097273/posts Biden the cheapskate vs. Sarah Palin & The first Dude. Who is more Charitable. It ain’t Joe. The Palins made considerably less than Joe Biden in the last two years according to their tax returns yet they gave more to charity than Biden did in 8 years. So much for the generosity of the liberal Dems. Stuck On Stupid http://www.freerepublic.com/focus/f-bloggers/2097273/posts#comment Sat, 4 Oct 2008 08:58:23 GMT http://www.freerepublic.com/focus/f-bloggers/2097260/posts Sarah Palin lays it out on about the Obamessiah. Stuck On Stupid http://www.freerepublic.com/focus/f-bloggers/2097260/posts#comment Sat, 4 Oct 2008 08:11:49 GMT http://www.freerepublic.com/focus/f-bloggers/2097020/posts What do failing banks and foreclosed houses have to do with race tracks? A lot, apparently, if you're Charles Schumer. The New York Senator added an earmark to the nation's $700 billion "rescue plan" that will extend current tax laws for race tracks that allow them to be considered the same as amusement parks in the eyes of the IRS. AutoBlog http://www.freerepublic.com/focus/f-bloggers/2097020/posts#comment Fri, 3 Oct 2008 22:24:30 GMT