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 Post subject: wallst
PostPosted: Mon Jun 13, 2011 2:24 am 
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i dont see a place for 'finance' or such, so here.

of course we've been told japan has no radiation and not a meltdown, but the IMF is okey dokely... :hug:

http://www.businessinsider.com/imf-hacked-2011-6
IMF HACKED: "VERY MAJOR BREACH"
Jun. 11, 2011
....The fund is fully functional, but according to the Times:
The concern about the attack was so significant that the World Bank, an international agency focused on economic development, whose headquarters is across the street from the I.M.F. in downtown Washington, cut the computer link that allows the two institutions to share information.

(When they took it: Before Dominique Strauss-Khan, the former IMF chief, was arrested for rape.)

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Mon Jun 13, 2011 11:17 pm 
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http://www.businessinsider.com/now-it-g ... her-2011-6
Goldman Gave A Paid Internship To Libyan Official's Brother
Finally the allegations that Goldman Sachs bribed Libya for access to its sovereign wealth fund get interesting.
Goldman apparently hired an intern who was a Libyan official's brother.
From the Financial Times:

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Mon Jun 13, 2011 11:20 pm 
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another 4.3million bites the dust.
did the deficit come from ponzi scheming....


http://blogs.ocweekly.com/navelgazing/2 ... f_featured
David R. Sparks, Smooth-Talking GOP Liar and Real Estate Broker, Convicted of $4.3 Million Ponzi Scheme

David R. Sparks lavished the Republican Party and GOP candidates with thousands of dollars over the years. He was so well liked ...Sparks, who's been described as a Christian family man with a soothing, Mr. Rogers-like voice.

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Tue Jun 21, 2011 2:08 pm 
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you have got to be kidding me. who is creating these ludicrous stories theyre selling to media.....

so this john paulsen asshole---no relation to hank paulsen, somehow---only realized this corp where he
heavily invested OPM(other peoples money) was gone two weeks ago....
iow....he decided to sell at the bottom, nearly zero value, and this is what can be said?:
Quote:
“any money manager is going to have some losing trades, it’s part of life.”



this is where it started:
Apr 28, 2005 488,600 3.24$
1 and 2 high:
Oct 1, 2007 2,278,200 25.12($)
Mar 1, 2011 1,112,600 25.30($)
free-fall starts:
Jun 1, 2011 19.32(open) 19.40(high) 20,567,900(tradeVol) 2.73(closed)

this traded at a daily average WAY below one million by trade volume; suddenly the sell/short volume shoots up
early May by 2-5million daily, then 11-40million sell/shorts from May 13 forward.
and this same asshole who shorted the mortgage market....
"Paulson’s New York-based hedge fund, which made $15 billion in 2007 betting against U.S. mortgages"....
this same asshole didnt notice a short-sale sell-off before the fund lost all the clients monies?
are you fucking kidding me. am i sppsd to believe this shit?
who are they writing this fair-etrade-tale bullshit for.

heres a yahoo chart/page for stock data on Sino-Forest Corporation (TRE.TO):
historical: http://ca.finance.yahoo.com/q/hp?s=TRE.TO
visual: http://ca.finance.yahoo.com/echarts?s=T ... f;source=;

this fund didnt have an auto-sell limit?
May 24, 2011 @18.39
Jun 3, 2011 @5.23
Jun 17, 2011 @3.19(day he sold)


http://www.businessweek.com/news/2011-0 ... -loss.html
Paulson Dumping Sino-Forest May Deal Clients $720 Million Loss
June 21, 2011, 12:26 AM EDT

http://www.businessweek.com/news/2011-0 ... s-85-.html
Sino-Forest Loses Paulson’s Support as Stock Plunges 85%


oh but lookie'ere....date of his sale:
http://www.reuters.com/article/2011/06/ ... ings-idUST
Deadline nears for many U.S-listed Chinese stocks
Fri Jun 17, 2011....(Reuters) - More than fifteen Chinese companies whose shares trade in the United States, many of them favored by short-sellers, have yet to file required year-end forms with U.S. regulators.
Many of those names were included on lists issued by brokerages that prevented their clients from borrowing money to buy those stocks on margin. A rise in short activity indicates more people see the stocks falling amid a flurry of accounting scandals that have damaged the sector.
...

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Thu Jun 30, 2011 9:59 pm 
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one so far, cantor's shorting Tbonds.
im sure every repub has a vested personal interest in shorting the treasury.
he walked out of that meeting and his (short) investment fund went up 7% that day.

http://www.dailykos.com/story/2011/06/3 ... g-weakness?
Eric Cantor's short bet reveals real GOP debt ceiling weakness

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Sat Jul 02, 2011 8:02 pm 
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No doubt.

Take heart
Quote:
The Justice Department requested former Taylor, Bean & Whitaker Chairman Lee Farkas receive a sentence of the maximum 385 years in prison for orchestrating the $2.9 billion fraud scheme that lasted from 2002 to August 2009.

Paul Allen, former chief executive of TBW and head of Ocala, was sentenced to 40 months. TBW Treasurer Desiree Brown was sentenced to 72 months and former TBW President Raymond Bowman faces 30 months in prison.

Colonial Vice President Catherine Kissick, who ran the facility that funded TBW loans, was sentenced to eight years. The Colonial facility's former operations supervisor was sentenced to three months in prison.
Quote:
A new federal indictment was handed up this week against former Canton resident Mark Conner and two other top officials of the failed FirstCity Bank of Stockbridge.

The indictment from a federal grand jury in Atlanta charges Conner, 45, Clayton Coe, 44, and new defendant Robert Maloney Jr., 47, with conspiracy to commit bank fraud, bank fraud, conspiracy to commit money laundering and making false entries in the records of a financial institution insured by the Federal Deposit Insurance Corp.

Conner also is charged with conducting a continuing financial crimes enterprise at FirstCity from February 2006 to February 2008. Federal investigators say Conner, whose positions with the bank included vice chairman, acting chairman, president and CEO, and his conspirators produced more than $5 million in illegal proceeds in that time.

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 Post subject: Re: wallst
PostPosted: Sat Jul 02, 2011 8:27 pm 
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on one hand, re cantor and others on both sides with investments protected from insider trading rules, aren't you at least glad the put their money where their mouth is?

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 Post subject: Re: wallst
PostPosted: Mon Jul 11, 2011 1:41 am 
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this is the asshole ryan was sipping $700 wine with; these are the same assholes who whine about
'government bailouts!!!' being so so awful; this is the same asshole who takes the govmt money and
uses it for bonus.
ryans BFF during the 'budget talks'.

http://tpmmuckraker.talkingpointsmemo.c ... hp?ref=fpa
...the two other men with Ryan were Cliff Asness and John Cochrane. Both men have doctorate degrees in economics and are well-known in the conservative media world as die-hard proponents of the free market's ability to right itself without government bailouts when the crisis hit in late 2008.
In May 2009, Asness served as a guest host on CNBC's Squawk Box and defended the $450 million in bonuses AIG executives received, arguing that President Obama and the Congress are responsible for the economic crisis and should pay the execs the bonuses themselves. :shock:

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Mon Jul 11, 2011 5:43 pm 
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this is the asshole ryan was sipping $700 wine with; these are the same assholes who whine about
'government bailouts!!!' being so so awful; this is the same asshole who takes the govmt money and
uses it for bonus.
ryans BFF during the 'budget talks'.

http://tpmmuckraker.talkingpointsmemo.c ... hp?ref=fpa
...the two other men with Ryan were Cliff Asness and John Cochrane. Both men have doctorate degrees in economics and are well-known in the conservative media world as die-hard proponents of the free market's ability to right itself without government bailouts when the crisis hit in late 2008.
In May 2009, Asness served as a guest host on CNBC's Squawk Box and defended the $450 million in bonuses AIG executives received, arguing that President Obama and the Congress are responsible for the economic crisis and should pay the execs the bonuses themselves. :shock:

So I gather you don't like good wine.

Is there any government oversight? We have to have oversight of the oversight. But cutting spending comes first!

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 Post subject: Re: wallst
PostPosted: Mon Jul 11, 2011 5:45 pm 
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BTW, when did you get the running horse? Cool.

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 Post subject: Re: wallst
PostPosted: Wed Jul 20, 2011 1:34 pm 
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http://blog.buzzflash.com/node/12867
Balance the Budget on the Backs of Billionaires
The wealthiest nation on earth is not actually obliged to starve our senior citizens. We don't need a military 670% more expensive than the next largest one on earth. We don't need to fund health insurance corporations instead of healthcare. And we don't need tax breaks for billionaires. In fact, we don't need billionaires. That's the message RootsAction is taking to Congress.

Forbes magazine has been listing the 400 wealthiest Americans every year since 1982. Thirteen billionaires appeared on the original Forbes list. Now all 400 rate billionaire status. These 400, collectively, possess more wealth than the poorer half of America's population put together. Sam Pizzigati explains how we got here. .....

Each billionaire has a thousand times that much money, or more. Sixty-six percent of senators are millionaires, as are 41 percent of House members, but they aren't billionaires. They just work for them.

Last year a list was leaked of attendees of an important rightwing planning conference organized by Koch Industries. This is an annual meeting at which the servants of plutocracy plot its further entrenchment. Eleven members of this year's Forbes 400 were on the list. These are the hardcore plutocrats. These are the people who personally take the time to destroy our political system for their own short-term gain -- and that of their families if their aristocracy of wealth is allowed to continue. These 11 people pay a fraction of the rate you pay on your income into Social Security and Medicare. They have no need for Social Security or Medicare. And they participate in a political movement that is trying to dismantle those programs. Meet your masters, fellow Americans. .... .....

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Wed Jul 20, 2011 10:45 pm 
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well, we all knew this would happen.

http://motherjones.com/tom-philpott/201 ... ds-roundup
Monsanto's "Superweeds" Gallop Through Midwest

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Tue Jul 26, 2011 12:12 am 
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UNBELIEVABLE: S&P Favors Reid Plan, Boehner Plan May Result In Losing AAA Status
sources familiar with S&P's thinking indicate that the Boehner plan -- which attempts to raise the debt ceiling and make cuts in two separate steps -- probably wouldn't be enough to avert a downgrade from AAA.

On the other hand, the Reid plan, which does it all at once, would be looked on more favorably by the ratings agency.

Read more: http://www.businessinsider.com/sp-favor ... z1TBHqmmkh

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Thu Jul 28, 2011 2:12 pm 
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apparently, this is why....wallst-corps can brandish the trademark "USA" while not paying a dime for it.
...the "state" works for the corps, is cowed by the wallst-corps: it does not work for the people.
must be why over half of congress are multi-millionaires...with low paying 'jobs'....

http://www.guardian.co.uk/commentisfree ... snationals?
A mere state can't restrain a corporation like Murdoch's
Whether News Corp, banks or food giants, transnationals are not so much a state within a state as a power beyond it(.)
....the modern globalised corporation is not a state within a state so much as a power above and beyond the state. International development experts stopped talking about multinationals years ago, preferring instead the tag of transnational corporations (TNCs), because these companies now transcend national authorities.....

Developing countries, dealing with corporations whose revenue often exceeds their own GDPs, have long been aware of their own lack of power. They are familiar with the way world trade rules have been written to benefit corporations and limit what any one country can impose on them. They know about the transnationals' tendency to oligopoly; and their ability to penetrate the heart of government with lobbying. For an affluent country like the UK, it has come as more of a shock.
....While traditional multinationals identified with a national home, TNCs have no such loyalty. Territorial borders are no longer important. This had been the whole thrust of World Trade Organisation treaties in the past decades. Transnationals can now take advantage of the free movement of capital and the ease of shifting production from country to country to choose the regulatory framework that suits them best.
....If financial rules curb their ability to invent complex, risky new products to sell, they can set up shop elsewhere. The transnational banks have been past masters at playing off one jurisdiction against another and using the threat of relocation to resist government controls. .....
....Much of their activity still takes place in a shadow system beyond the states that have bailed them out.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Sun Jul 31, 2011 4:25 pm 
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ruh roh.

http://www.businessinsider.com/hedge-fu ... chs-2011-7
Lansdowne Partners Dumps Its Entire $850 Million Stake In Goldman
Courtney Comstock | Jul. 31, 2011
Ouch, this comes after Goldman's disappointing earnings report. Lansdowne isn't doing too well either. The Telegraph says it's down 13% for the year.

thanks congress: :gum:
http://www.businessinsider.com/there-is ... sis-2011-7
Comstock Partners is a New York-based hedge fund
The stock market looks highly vulnerable to a major downturn no matter how the debt ceiling issue is resolved.
....a settlement of the dispute at this late date is no panacea either. Neither side is likely to get anything near what they want. The cuts in spending will be relatively small and there will be no tax increases. A downgrade in the U.S. credit rating would be probable with a highly uncertain outcome. Moreover the whole issue will probably end up being kicked down the road and be reconsidered again well before the 2012 elections.

This prospect will therefore continue to hang over the economy and the market like the "sword of Damocles" for a lengthy period of time. Economic growth, already anemic, would slow down even more or enter recession. The lower the growth rate the higher the budget deficit and the larger the increase in debt. This result would probably call for even more spending cuts causing even slower growth and more debt----the classic negative feedback loop. ....
Simply put, there was no crisis until it was self-created in Congress. This congressionally-created crisis will lead to another drop in confidence on the part of consumers, business and foreign nations. Certainly there is far too much debt, both household and government, in the U.S. and we have been in the forefront of those pointing it out. But the totally incompetent way the issue has been handled is likely to have extremely negative consequences for the economy and markets.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Sun Jul 31, 2011 4:37 pm 
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http://www.businessinsider.com/how-gree ... ion-2011-7
In the latest installment of his series “Breaking Through the Jobless Recovery,” economist William Lazonick explains how corporations obsessed with stock buybacks and maximizing shareholder value are scamming Uncle Sam and killing our chances to compete in the 21st Century.

The U.S. economy is a mess. Over two years since the Great Recession officially ended, the unemployment rate is more than 9%, the foreclosure crisis rages on, and households remain loaded up with debt.
The fiscal situation of federal and state governments is dire, in part because free-market ideologues think that low taxes are a God-given right.

Much of the mess is the result of an economy in which the forces for extracting value have come to dominate the forces for creating value. The most visible venue for value extraction is the gambling casino known as Wall Street. But it is going on throughout the corporate economy as major industrial companies employ most or even all of their profits to do massive stock buybacks for the sole purpose of jacking up their stock prices.

Read more: http://www.newdeal20.org/2011/07/28/how ... z1TiVS1IDD

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Mon Aug 01, 2011 12:21 am 
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youll notice that most of this list are fairly recent.
since like, when raygun's council was all wallst goons.
...the best gubermint money can buy.
however it is sad when by comparison to those teeparty-idiots who won seats and dont know nuthin,
that these types 'with experience' are a better lot.
yeh, whatever.

http://www.businessinsider.com/wall-str ... 011-4?op=1
THE REVOLVING DOOR: 29 People Who Went From Wall Street To Washington To Wall Street

Read more: http://www.businessinsider.com/wall-str ... z1TkPtvpOs

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Tue Aug 02, 2011 1:36 am 
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wow. all this 'debt ceiling' distraction all these long months and years, meanwhile, wallst
is buying our infrastructure a dime on the dollar...

they caused these "assets" to be "distressed"....so they could move in and take them over.
..is this the reason for this 'recession'...'near collapse'....destruction of peoples lives....

http://www.dylanratigan.com/2011/06/16/ ... your-city/
June 16, 2011
America for Sale: Is Goldman Sachs Buying Your City?
(Scroll down for video segments)
In Chicago, it’s the sale of parking meters to the sovereign wealth fund of Abu Dhabi. In Indiana, it’s the sale of the northern toll road to a Spanish and Australian joint venture. In Wisconsin it’s public health and food programs, in California it’s libraries. It’s water treatment plants, schools, toll roads, airports, and power plants. It’s Amtrak. There are revolving doors of corrupt politicians, big banks, and rating agencies. There are conflicts of interest. It’s bipartisan.

And it’s coming to a city near you — it may already be there. We’re talking about the sale of public assets to private investors. You may have heard of one-off deals, but what we’ll be exploring with the Huffington Post is the scale and scope of what is a national and organized campaign to shift the way we govern ourselves. In an era of increasingly stretched local and state budgets, privatization of public assets may be so tempting to local politicians that the trend seems unstoppable. Yet, public outrage has stopped and slowed a number of initiatives.

While there are no televised debates around this issue, there is no polling, and there are no elections, who wins it will determine the literal shape of modern America. The Dylan Ratigan show is teaming up with the Huffington Post to do a three part series called “America for Sale”, showing the pros and cons, and the politics and economics, of a new and far more privatized government.
On Wall Street, setting up and running “Infrastructure Funds” is big business, with over $140 billion run by such banks as Goldman Sachs, Morgan Stanley, and Australian infrastructure specialist Macquarie. Goldman’s 2010 SEC filing should give you some sense of the scope of the campaign. Goldman says it will be involved with “ownership and operation of public services, such as airports, toll roads and shipping ports, as well as power generation facilities, physical commodities and other commodities infrastructure components, both within and outside the United States.” While the bank sees increased opportunity in “distressed assets” (ie. Cities and states gone broke because of the financial crisis), the bank also recognizes “reputational concerns with the manner in which these assets are being operated or held.”

The funds themselves are clear when communicating with investors about why they are good investments — a public asset is usually a monopoly. Says Quadrant Real Estate Advisors: “Most assets are monopolistic in nature and have limited competitors, creating the opportunity for stable, long-term investment returns. Investment choices include economic assets and social assets.” Quadrant notes that the market size is between $12-20 trillion, roughly the size of the American mortgage market. “Given the market and potential return opportunities, institutional investors should consider infrastructure a strategic investment allocation.”
As with mortgage securitizations, the conflicts of interest are intense. ....

Over the next three days, we will explore what it means to have a government for profit, whether we get better roads when Goldman Sachs determines how much we pay in tolls. As we explore this topic, I hope we as Americans will be able to decide if we truly want to see America for Sale.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Tue Aug 02, 2011 2:23 pm 
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apparently, this is why....wallst-corps can brandish the trademark "USA" while not paying a dime for it.
...the "state" works for the corps, is cowed by the wallst-corps: it does not work for the people.
must be why over half of congress are multi-millionaires...with low paying 'jobs'....

http://www.guardian.co.uk/commentisfree ... snationals?
A mere state can't restrain a corporation like Murdoch's
Whether News Corp, banks or food giants, transnationals are not so much a state within a state as a power beyond it(.)
....the modern globalised corporation is not a state within a state so much as a power above and beyond the state. International development experts stopped talking about multinationals years ago, preferring instead the tag of transnational corporations (TNCs), because these companies now transcend national authorities.....

Developing countries, dealing with corporations whose revenue often exceeds their own GDPs, have long been aware of their own lack of power. They are familiar with the way world trade rules have been written to benefit corporations and limit what any one country can impose on them. They know about the transnationals' tendency to oligopoly; and their ability to penetrate the heart of government with lobbying. For an affluent country like the UK, it has come as more of a shock.
....While traditional multinationals identified with a national home, TNCs have no such loyalty. Territorial borders are no longer important. This had been the whole thrust of World Trade Organisation treaties in the past decades. Transnationals can now take advantage of the free movement of capital and the ease of shifting production from country to country to choose the regulatory framework that suits them best.
....If financial rules curb their ability to invent complex, risky new products to sell, they can set up shop elsewhere. The transnational banks have been past masters at playing off one jurisdiction against another and using the threat of relocation to resist government controls. .....
....Much of their activity still takes place in a shadow system beyond the states that have bailed them out.

first a comment regarding aaa credit ratings by the three hack ratings agencies. they rated lord knows how many cdo's as aaa and then had the stones to claim that their ratings were just opinions.

secondly the transnationals are part of the predator state. read james k. galbraith's 'the predator state: how conservatives abandoned the free market and why liberals should too." he defines very well the predator state. it is a coalition between transnationals and those who seek to control the state to use it to their advantage in seeking profit.

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"No one is so foolish as to choose war over peace. In peace sons bury their fathers, in war fathers bury their sons." - Herodotus


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 Post subject: Re: wallst
PostPosted: Thu Aug 04, 2011 2:19 pm 
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wallst drop is Not about the US...it is about europe's banking system.
no place to run no place to hide.

http://www.businessinsider.com/meaningl ... rases?op=1
In Honor Of The Market Crash, Here Are 18 Meaningless Market Phrases That Sound Smart On TV

http://www.businessinsider.com/is-the-o ... ope-2011-8
Is The Other Shoe Dropping In Europe?
But as people like Tyler Cowen have been saying, the governments are only part of the problem. The other problem is in the banking systems. European banks hold large quantities of their own government's securities; as the price of those securities falls, their capital position worsens.

Meanwhile, they are also threatened by rising currency risk: the more it looks like the peripheral countries may need to leave the euro, the more people want to take their euros out of the country, rather than see their assets devalued.
.....this morning, CNBC is reporting that Bank of New York is now charging people a fee for large cash deposits because they're overwhelmed with people trying to ride out the storm on a pile of cash. That's right, the Bank of New York is now offering what amounts to a negative interest rate if you try to deposit an excessively large chunk of dollars.

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They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Thu Aug 04, 2011 3:21 pm 
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four point four trillion in global "value" has been lost in about a week.

this must be new world order and globalization.
what is hilarious--ya gotta laff--these wallst mega's took their investors on this wild global
ride and then they ran out of places to go.

it became no longer enough to see a price drop and pull back on your investment; no, they then
had to hedge against a possible loss (you know because making the stop call was too fukin
hard anymore)...so they created hedge funds where you betted short against the same stock you
1, either had, 2, had just sold.

since wallst did this across the entire globe--like santa claus's evil twin 24/7/365--they contaminated
the entire globe with zillions of bets that economies would fail.
and so, of course, they are.

wowee zowee, what next cool thing does wallst have in store.
they sure ran gold prices up.
goldman is stockpiling aluminum...
http://www.thestreet.com/story/11160546 ... rices.html


seems the only thing left for wallst to devour is essentials of All business, materials.
since the globe is now in lockdown-freak-mode who thinks GS/wallst is going to let loose
of "materials" to cover boners "where are the jobs!!".....

no jobs people, no jobs without using government programs.
suck it up; it is time to end tax cuts or let them move fully overseas and stop sucking
things out of this country and economy.
...that savings alone would create jobs.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Thu Aug 04, 2011 4:46 pm 
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'short' study of 'options'...derivatives, fee's! fee's! fee's!....

http://finance.yahoo.com/news/Final-top ... l?x=0&.v=1
Final top 10 leaders in option volume
A number of records were set today, including total option volume of more than 34 million contracts, according to tradeMONSTER's LiveAction data system.

http://en.wikipedia.org/wiki/Option_(finance)
In finance, an option is a derivative financial instrument that specifies a contract between two parties for a future transaction on an asset at a reference price.[1] The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the corresponding obligation to fulfill the transaction. The price of an option derives from the difference between the reference price and the value of the underlying asset (commonly a stock, a bond, a currency or a futures contract) plus a premium based on the time remaining until the expiration of the option. Other types of options exist, and options can in principle be created for any type of valuable asset.

An option which conveys the right to buy something is called a call; an option which conveys the right to sell is called a put. The reference price at which the underlying may be traded is called the strike price or exercise price. The process of activating an option and thereby trading the underlying at the agreed-upon price is referred to as exercising it. Most options have an expiration date. If the option is not exercised by the expiration date, it becomes void and worthless.[1]

In return for assuming the obligation, called writing the option, the originator of the option collects a payment, the premium, from the buyer. The writer of an option must make good on delivering (or receiving) the underlying asset or its cash equivalent, if the option is exercised.

An option can usually be sold by its original buyer to another party. Many options are created in standardized form and traded on an anonymous options exchange among the general public, while other over-the-counter options are customized ad hoc to the desires of the buyer, usually by an investment bank.[2][3]

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Tue Aug 16, 2011 9:34 pm 
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another teabagger scam artist.

http://tpmmuckraker.talkingpointsmemo.c ... atrick.net
Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan
Tea Party aligned Georgia Rep. Tom Graves (R), who castigates Washington for fiscal irresponsibility, reached an out of court settlement Wednesday after he was sued for defaulting on a $2.2 million loan -- which his attorney argued is the bank's fault for lending him the money in the first place. ....

The city says the abandoned site has become a nuisance, and estimates it would cost $100,000 of taxpayer money to tear it down.

Graves, who won a special election in 2010 to replace Rep. Nathan Deal (R), voted against the House bill to raise the debt ceiling on August 1st. TPM readers will also remember Graves' dire warnings about President Obama's mechanical "autopen" that he feared could one day be used to sign phony legislation.

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They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Tue Aug 16, 2011 9:43 pm 
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from a murdoch site no less: Bravo!!

http://www.marketwatch.com/story/ceos-a ... atrick.net
CEOs and tea partiers: Shut up and pay taxes
Commentary: Starving the government is not patriotic

FRANKFURT (MarketWatch) — As I sit here in Germany’s financial capital, a few hours by train from where my forbearers set out for the United States a century ago, I’m remembering what antitax Americans are forgetting: Living in a stable and free society that supports economic initiative isn’t a given.
Those who think that U.S. corporations and wealthy individuals already pay too much in taxes and get too little in return are taking for granted social order and economic opportunity. Keeping the peace costs money, and paying police, fire and other emergency personnel requires tax revenue. Just ask U.K. Prime Minister David Cameron, whose plan to make substantial cuts in London’s Metropolitan Police budget now looks ill-timed, amid pictures of looters making off with stolen goods. See images of the unrest that tore through London.

U.S. corporations benefit every day from operating in an environment where bricks aren’t flying through windows and gunshots aren’t going off in parking lots. Civil unrest can be expensive, as executives at Sony Corp. learned this week after its London warehouse went up in flames.
It also costs money to educate a workforce, something that also seems glossed over by those who want to slash money for federal education grants.

When I first arrived in Germany, people asked me whether the news they saw on TV is true, that “everyone in the United States is lining up for food stamps,” as one Frankfurter put it. Their questions were a reminder that even though Germany’s tax burden is higher than that in the United States, its economy weathered the global recession of 2008-09 better than America’s did, and its unemployment rate today, at 7%, is significantly lower than ours at 9.1%.

People like Grover Norquist, who claim that high taxes are the root of all our economic problems, have no answer for facts like these.
Those who want to lower business taxes often say that the U.S. corporate tax rate of 35% is higher than the 25% average of the world’s developing economies. But that argument ignores the long list of tax loopholes that allow U.S. companies to pay much lower rates in actuality.

Go down the list of second-quarter earnings reports for companies in the S&P 500 Index, and stop when you get to one that paid 35% of earnings. That might take a while.
What the United States needs isn’t more tax cuts, but tax reform to eliminate the many loopholes that create an uneven playing field.

Tax corporate cash
Given the sluggish pace of U.S. economic growth, perhaps such reform could include a tax on the enormous amounts of cash that American companies now have sitting on their balance sheets.
Nonfinancial companies in the S&P 500 are sitting on more than $1 trillion in cash right now — an absurd amount given that many of those same companies are laying off workers. Some estimates put the total closer to $2 trillion.
Forcing corporations to spend that money, either by hiring workers or paying investor dividends, would go a long way toward spurring growth.

When I hear Norquist — along with the candidates active in the tea-party movement that are too weak to resist signing his so-called loyalty oath — complain about actually having to pay for government services, I think we’ve come to take those services for granted.

I also think such whining is the exact opposite of the can-do attitude of the waves of immigrants who helped build the U.S. economy and continue to do so today. I’d like to introduce them to some of the start-up CEOs that I interview every week in Silicon Valley.
During the past few months, I’ve been writing a series of profiles on tech entrepreneurs for the site Entrepreneur.com. Neither I nor my editors planned it this way, but given that recent immigrants tend to be among the hardest-working Americans, perhaps it’s no surprise that none of the first four that I’ve written about are native to the United States.

These executives are people who, like generations of immigrants before them, came to the States and put their energy into building companies, rather than sitting around complaining how terrible a place this is to do business. They also, by the way, create jobs.
They come from across the globe: Victoria Ransom and Alain Chuard of Wildfire Interactive grew up in New Zealand and Switzerland, respectively; Mikkel Svane and his Zendesk co-founders hail from Denmark; Rahim Fazal of Involver is from Vancouver, B.C.

Yet all of them came to the United States to build their businesses. Why would they do that if it’s so hostile to their efforts, as the antitax extremists claim the country to be?
The answer is it’s not. On the contrary, America’s still the most attractive country for entrepreneurs. Keeping it that way costs money — something that tax haters seem to forget.

John Shinal, a former technology editor of MarketWatch, is based in San Francisco.

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Thu Aug 18, 2011 4:18 am 
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laws? regulations?...pfft, who needs'em. not the SEC...not the watch-barons.

http://globaleconomicanalysis.blogspot. ... atrick.net
SEC Destroys 9,000 Fraud Files Involving Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Credit Suisse, Deutsche Bank, Morgan Stanley, Lehman
....
Flynn alleges the SEC destroyed files related to matters being examined in important cases such as Bernard Madoff and a $50 billion Ponzi scheme he operated as well as an investigation involving Goldman Sachs Group Inc. trading in American International Group credit-default swaps in 2009.


The letter goes into particular detail about Deutsche Bank, the former employer of current SEC enforcement chief Robert Khuzami as well as former enforcement chiefs Gary Lynch and Richard Walker.
The allegations that the SEC destroyed documents were first reported by the Rolling Stone magazine in a report Wednesday.
Is the SEC Covering Up Wall Street Crimes?
Please consider Rolling Stone: Is the SEC Covering Up Wall Street Crimes? by Matt Taibbi
The entire article is worth a read.

I rather suspect the SEC has safeguarded with perfect care the files on Martha Stewart, two-bit Joe, and blogger Bob.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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