Tuesday, March 3, 2009
NO EXEC PAY LIMITS, OBOOMA NUKES THE US
The following article reports the Federal Reserve nixed executive pay caps for those receiving one of our many Nazi Citigroup Obooma taxpayer subsidized GIFTS, boon, bonanza, inflationary funny money, voodoo economics, debt.
THE reason I chose this article is NOT executive pay caps.
I chose it for the FOLLOWING EXCERPT BELOW:
"...You see, the TALF is basically the government's bid to fire up the engines of the securitization market by providing cheap credit to anyone who wants to buy bonds based on bundles of student loans, auto loans, credit card loans and Small Business Authority-backed business loans....
....Basically, this is a bid to get hedge funds and others who didn't get TARP funds to play with TALF dollars..."
END OF EXCERPT FROM:
http://www.silobreaker.com/DocumentReader.aspx?Item=5_2262151770622918656
As a reminder, a previous EXCERPT from my post of Saturday, February 21, 2009, to which I will link afterwards:
"...The Obama administration hopes to jump-start this crucial machinery by effectively subsidizing the profits of big private investment firms in the bond markets. The Treasury Department and the Federal Reserve plan to spend as much as $1 trillion to provide low-cost loans and guarantees to hedge funds and private equity firms that buy securities backed by consumer and business loans...
...Simon Johnson, an economics professor at the Massachusetts Institute of Technology and a former chief economist at the International Monetary Fund, said many people might take a dim view of the TALF program because it provided government subsidies to investors like hedge funds. Investors who borrow from the Fed could enjoy annual returns of 20 percent or more..."
Above from previous blog entry:
http://karlmarxwasright2.blogspot.com/2009/02/nazi-citigroup-obooma-subsidizes-hedge.html
Of course, just the other day, I posted a March 10 Dubai Conference about "Hedge Funds Galore...":
http://karlmarxwasright2.blogspot.com/2009/03/hedge-funds-galore-bluestone-coal.html
And, Feb 23, 2009,
"Wealth Funds Await Market Bottom to Make the Kill...":
http://karlmarxwasright2.blogspot.com/2009/02/wealth-funds-await-market-bottom-to.html
The above list is by no means exhaustive.
Nazi Citigroup Obooma frontman/puppet marches out on TV and utters inarticulate rantings and mumblings about this, that or the other policy.
Clearly he has absolutely NO idea of the subject matter about which he TRIES to pontificate knowledgeably.
He stutters, stammers, hedges, gets his crib sheet and memorizes speaking points.
He might as well be speaking about theoretical physics.
Anything spontaneous and he is intellectual dead meat.
He makes NO SENSE whatsoever. JUST like Bush!
From THAT point of view, Clinton is light years ahead of him. And, of course, Reagan was an actor.
Perfect for the job.
On the other hand, suddenly, we have an ad hoc, new industry, the Obooma critique crowd, many of whom are the very same people and organizations who supported Nazi Citigroup Obooma in the first place, as if ALL the above was not known prior to his election and discovered afterwards, after they elected him and AFTER he passed his trillion dollar fake stimulus bill, for which there is/was NO outrage, NO organizing and NO demonstrations, strikes, protests, THEN.
Well, I have NO plans whatsoever to waste my energies by joining a fake, controlled Opposition, an Opposition which ALWAYS manifests itself conveniently AFTER the fact, after the damage is done.
An Opposition whose demands are conveniently amorphous and non-specific, thus, non-threatening and controlled.
A Demonstration Opposition, like elections, for show purposes, only. Like all or most of this country.
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