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And to add insult to injury - 2/1/2009 9:04:57 AM

Nosathro

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If not getting 700 billion dollars (of public money) to bail out the banks and finance companies, asking for more money, still giving out perks and bonuses to the tune of 18 billion to their top excutives, stating in non of anyone business what they did with the bail out money, it appears they hired and attempted to hire thousand of foreign works, who work cheaper than American counterpart.

http://news.yahoo.com/s/ap/20090201/ap_on_bi_ge/bailout_foreign_workers

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Post #: 1

RE: And to add insult to injury - 2/1/2009 9:19:57 AM

rulemylife

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quote:

ORIGINAL: Nosathro

If not getting 700 billion dollars (of public money) to bail out the banks and finance companies, asking for more money, still giving out perks and bonuses to the tune of 18 billion to their top excutives, stating in non of anyone business what they did with the bail out money, it appears they hired and attempted to hire thousand of foreign works, who work cheaper than American counterpart.

http://news.yahoo.com/s/ap/20090201/ap_on_bi_ge/bailout_foreign_workers

I saw this earlier. I was going to post it myself.

Absolutely incredible.

Good thing the banks' employees didn't have any of those greedy unions in there to ruin the economy by protecting their jobs.

(in reply to Nosathro)

Post #: 2

RE: And to add insult to injury - 2/1/2009 11:39:24 AM

MzMia

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quote:

ORIGINAL: Nosathro

If not getting 700 billion dollars (of public money) to bail out the banks and finance companies, asking for more money, still giving out perks and bonuses to the tune of 18 billion to their top excutives, stating in non of anyone business what they did with the bail out money, it appears they hired and attempted to hire thousand of foreign works, who work cheaper than American counterpart.

http://news.yahoo.com/s/ap/20090201/ap_on_bi_ge/bailout_foreign_workers

The question is, are you really surprised?

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(in reply to Nosathro)

Post #: 3

RE: And to add insult to injury - 2/1/2009 12:29:16 PM

mefisto69

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don't know about the rest of you but - i'm fed up. building a fire under the cauldron and plucking feathers. some assholes only learn the hard way

(in reply to MzMia)

Post #: 4

RE: And to add insult to injury - 2/1/2009 7:11:24 PM

MzMia

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quote:

ORIGINAL: mefisto69

don't know about the rest of you but - i'm fed up. building a fire under the cauldron and plucking feathers. some assholes only learn the hard way

I notice not to many responses to the OP.
Denial I guess.

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Namaste'
To Each His/Her Own
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What's your favorite fetish?
"My partner's whisper"--bloomswell

(in reply to mefisto69)

Post #: 5

RE: And to add insult to injury - 2/1/2009 7:37:35 PM

popeye1250

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Taxpayer Dollars and it's "no-one's business?"
*I'm calling my congressman's office and both senators tommorow afternoon when I get back from my V.A. appointment and telling them to yank that money away from those pig banks and brokerage houses!*
How's that for a reply, Mia?

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RE: And to add insult to injury - 2/1/2009 7:40:08 PM

MzMia

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quote:

ORIGINAL: popeye1250

Taxpayer Dollars and it's "no-one's business?"
*I'm calling my congressman's office and both senators tommorow afternoon when I get back from my V.A. appointment and telling them to yank that money away from those pig banks and brokerage houses!*
How's that for a reply, Mia?

I think that's a great idea Popeye, there is so much "shady crap" going on, it's amazing.
I am sure we don't even know the half of it.

_____________________________

Namaste'
To Each His/Her Own
"DENIAL ain't just a river in Egypt." Mark Twain

What's your favorite fetish?
"My partner's whisper"--bloomswell

(in reply to popeye1250)

Post #: 7

RE: And to add insult to injury - 2/1/2009 11:07:36 PM

Vendaval

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Not at all.

quote:

ORIGINAL: MzMia
The question is, are you really surprised?

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RE: And to add insult to injury - 2/2/2009 4:42:25 AM

corysub

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quote:

ORIGINAL: Vendaval

Not at all.

quote:

ORIGINAL: MzMia
The question is, are you really surprised?

Lets talk about "surprises".! Is anyone surprised that the "CHANGE" the democrat party promised is that the change they are taking is in your pocket. Where is the promised "political change" that got Obama 53% of the vote or were the 47% who voted against him correct in their rebuke of his campaign rhetoric. The Pelosi "stimulus" Bill is designed to stimulate liberal legislated social change and re-distribution of wealth, and will not stimulate the economy. The weakness in world financial markets last week reflected the concern that the HR1 represents an opportunIity lost, and the near term outlook for markets looks dismal. Now the ball is in the Senate side of the court and, for all of our sakes, lets hope that the hundreds of billions of pork get taken out of this. I think it can be done once the light of day is shined on this sham of legislation written by a liberal nutcase from San Francisco. We need a stimulus to job creation, private sector jobs not government jobs, we don't need to spend over anywhere from $100,000 to $250,000 to create a job, depending on what math you use. I think Paul Krugman, the liberal economist who now holds the Noble prize, set the tone of the bull-shit rhetoric from the democrat leaders calling for bi-partisan effort to save the U.S. economic system from years of depression when he quoted with giddy glee the words of our "Dear Leader"...I WON!!. Obama is going to have only a slightly longer honemoon than Hitler and his new bride once the American people see the outrageous pork and waste in a trillion dollars spent that we don't have.
The democrat party keeps talking about FDR and the "New Deal"...what they don't say is that in 1933 the United States was generating surplus self-financed it's spending.

Are we instore for what ensued after FDR took office. The "Telegaph" a UK daily newspaper published an interesting comment on what was publishd in the New York Times three days after FDR took office and started issuing executive orders and pushing through his agenda for failure...

"The newspaper splashed with the story that FDR had closed the US banking system – invoking the Trading with Enemies Act – and ordered the confiscation of private gold. From left to right, the headlines read: "Hitler Bloc Wins A Reich Majority, Rules Prussia"; "Japanese Push On In Fierce Fighting, China Closes Wall, Nanking Admits Defeat"; "City Scrip To Replace Currency"; "President Takes Steps Under Sweeping Law of War Time"; "Prison For Gold Hoarders"."

"President Obama faces a happier world. The liberal economic order is still in tact, if fraying at the edges. Capital and ships move freely. North America and Europe talk the same political language. China has so far proved a dependable pillar of the international system.
But then the world seemed benign enough in early 1931. It is the second phase of depression that does terrible things."

And that is what we should all fear..the "second phase of economic depression" that will come should the House version of the Bill essentially remain intact. The good news is that we have an internet loaded with people actually studying this legislation, tearing it apart and exposing it to the light of day and open discussion. Even Keith Olberman and Rachel Maddow can't bury this one.
First to go..$200 million for condoms which, hopefully, might be a metaphore for control of the "birth" of this legislation. As Kramer discussed this morning, this Bill is not a timulus package but essentially designed to help the States and municiplalities maintain THEIR employment.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4339501/Bad-news-were-back-to-1931.-Good-news-its-not-1933-yet.html

(in reply to Vendaval)

Post #: 9

RE: And to add insult to injury - 2/2/2009 6:33:36 AM

rulemylife

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Ummmmmmmmmm.............................................you do recall that the original stimulus package only made it through the House after "sweeteners" were added to it?

Pork barrel projects to bribe the House Republicans into supporting it on the second vote.

Do you also recall you couldn't say enough wonderful things about it, and how it was necessary to save our economy?

(in reply to corysub)

Post #: 10

RE: And to add insult to injury - 2/2/2009 9:01:05 AM

corysub

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quote:

ORIGINAL: rulemylife

Ummmmmmmmmm.............................................you do recall that the original stimulus package only made it through the House after "sweeteners" were added to it?

Pork barrel projects to bribe the House Republicans into supporting it on the second vote.

Do you also recall you couldn't say enough wonderful things about it, and how it was necessary to save our economy?

You do recall that when Paulson and Bernake went to Congress for the money to save the banking system which had totally frozen, three month Libor was at 4 5/8% and banks were not lending to "each other" much less to corporations. That rate is now slightly above 1%! There is probably no one more educated on how to deal with a financial crisis, and it was a financial crisis, than Prof. Bernake. The first $350 billion was used to re-inforce the capital of the banking system. We can argue about the greed, the stupidity, the reasons why democrats, republicans, bankers, and even citizens who speculated on real estate or purchased homes they could not afford. That we can do later, and if there is one thing, and probably only one thing the democrat party is good at..maybe even great at...is holding "hearings". The Bush $700 billion program of which half has been subcribed and Obama holds the strings on the second half of the money SAVED the system from immediate collapse. It was never a "stimulus package".

On the other hand, the Obama is now pushing a "Stimulus Package" that is a major welfare program with bills that could never pass public scrutiny put in for increased medicaid to States that have not fulfilled their responsibilites, $140 billions for education, $6 billion for "broadband", healthcare for children even if they have healthcare insurance, $80 billion in tax "rebates" to people that don't even pay taxes...40% of the U.S. work force. Of course, Mr. Panetta on TV today suggested that "these people do pay SALES TAX! And this from a man who is Obama's new head of the CIA...where the hell is HIS "central intelligence". Call this plan whatever you want, the Obama Community Activist Retirement Plan, The Pelosi Plan for Social Change, The Barney Frank "God helps those who help themselves Plan"...anything but a Stimulus Plan.

P.S.
I have always posted that Pelosi's days as Speaker of the House could be coming to an end. Madam Speaker wrote the Bill, cutting out her own committee Chairman, and she seems to be a gift that keeps giving to the republican party and is doing more good for the rejuvenation of the brand than new RNC Chairman Steele. And she keeps giving! I think Obama is or will be working to throw her under the bus as a political liability. Wanna bet!!

< Message edited by corysub -- 2/2/2009 9:02:38 AM >

(in reply to rulemylife)

Post #: 11

RE: And to add insult to injury - 2/2/2009 9:50:18 AM

Nosathro

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From: Orange County, California
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According to a ABC TV new cast, you can add Super Bowl tickets and parties to the list of things the bail out money was used for by the Top Excutives of these companies.

_____________________________

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Post #: 12

RE: And to add insult to injury - 2/2/2009 11:01:44 AM

corysub

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...they forgot to mention that money is also be spent on pencils, telephones, transportation, and toilet paper, among the other items critical to any business. All this focus on Super Bowl tickets and bonus money paid to 160,000 workers in the financial sector is another Obama driven distraction to take some shelf-space away from the trillion dollar obscene Pelosi Stimulus Bill...

(in reply to Nosathro)

Post #: 13

RE: And to add insult to injury - 2/2/2009 8:41:22 PM

Nosathro

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From: Orange County, California
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And now the Banks blame guess who for all this?

http://www.msnbc.msn.com/id/28985294

_____________________________

"The love of a slave girl is the deepest and most profound love that any woman can give a man. Love makes a woman a man's slave, and the wholeness of that love requires that she be, in truth, his slave." Magicians of Gor, page 31

(in reply to corysub)

Post #: 14

RE: And to add insult to injury - 2/2/2009 9:03:53 PM

bestbabync

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uuuummmmmm....excuse me.....President Obama voted for the bailout bill.......did he or any of those politicians read it before they voted for it?

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(in reply to Nosathro)

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RE: And to add insult to injury - 2/2/2009 9:06:06 PM

corysub

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The article you link is correct...amazing since it came from MSNBC.

The banks are being told by government to strengthen balance sheets which means reducing their debt/equity, and at the same time they are being scolded for not making loans! We know that the media only views this as a great story of "big greedy instituions and the little people". However, if someone can explain to me how that is done I sure would love to know, as would Ken Lewis, Vikram Pandit, Jamie Dimon, John Mack...and everyone else running a financial institution.

(in reply to Nosathro)

Post #: 16

RE: And to add insult to injury - 2/2/2009 10:56:22 PM

Crush

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Accountability, accountability...hmmm....paragraph, um, um, lemme see....AH, that's part of the problem...we didn't put in that paragraph....

Of course, on the other hand, hiring offshore sure saves some money, what with lower wages and keeping income offshore and all...sound business practice, finding a way to maximize the return for the investment....

Oh wait...that wasn't the intent....just the unintended consequence....

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RE: And to add insult to injury - 2/3/2009 5:42:04 AM

Raiikun

Posts: 2650
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quote:

ORIGINAL: MzMia

quote:

ORIGINAL: Nosathro

If not getting 700 billion dollars (of public money) to bail out the banks and finance companies, asking for more money, still giving out perks and bonuses to the tune of 18 billion to their top excutives, stating in non of anyone business what they did with the bail out money, it appears they hired and attempted to hire thousand of foreign works, who work cheaper than American counterpart.

http://news.yahoo.com/s/ap/20090201/ap_on_bi_ge/bailout_foreign_workers

The question is, are you really surprised?

I don't think there are many conservative types that are suprised...it's for good reason they were so opposed to this and the Wall Street bailout.

(in reply to MzMia)

Post #: 18

RE: And to add insult to injury - 2/3/2009 9:09:53 PM

rulemylife

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quote:

ORIGINAL: Nosathro

And now the Banks blame guess who for all this?

http://www.msnbc.msn.com/id/28985294

This one is just absolutely beautiful.

Banks make poor investment decisions.

Facing bankruptcy they go pleading for government support.

They get government financing then complain that the government is hampering their business.

Unbelievable.

(in reply to Nosathro)

Post #: 19

RE: And to add insult to injury - 2/3/2009 9:14:54 PM

rulemylife

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quote:

ORIGINAL: corysub

However, if someone can explain to me how that is done I sure would love to know, as would Ken Lewis, Vikram Pandit, Jamie Dimon, John Mack...and everyone else running a financial institution.

I'm sure they would, as they have seemed pretty clueless so far.

Fortunately, it's not that difficult.

Less greed and more common sense would be a great start.

(in reply to corysub)

Post #: 20

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