State of the Union "Talk"

[vl]

In the first MINUTE of Obama's address, he told 100 million families that pumping the markets and protecting banks was more important than jobs, revenues and reining in bad big business.
He actually said "The markets are UP because SALES are UP."
If you don't make anything, how can you sell it?
He also said "Anyone with an Internet connection can set up shop and make it."
So... why did we BAIL BANKS? They had Internet connections AND cheap funds access.
I listened intently, waiting word on how he was going to put us back to work and repaying the huge debt folly created by Bernanke.
He said "blah blah blah... blah blah blah degree."

I CHALLENGE YOU, Mr. President... to sit in a room full of button pushers for 24 hours and exit SHOWING us all how those folks have a basic capacity to perform, do, act, make progress. They cannot because TECHNOLOGY is sapping the brains of all those who use "apps" instead of tangible effort.

Plain out... there remains the MAJORITY of those unemployed from the onset of what Phil Angelides' inquiry on Bank Failures considers a controlled and preventable sequence of events. To attempt forward movement without them condemns all of the nation to accommodate them to the ends of their lives. THAT is a cost not "baked-into" the numbers.

I see the "talk" as a ticket for the Dow to re-hit 14,000 just to say it got done. Without tangible revenue streams, it will fall to ZERO, taking the civilized world with it. Is THIS what YOU want, America?

[decoy409]

In the first MINUTE of Obama's address, he told 100 million families that pumping the markets and protecting banks was more important than jobs, revenues and reining in bad big business.

And the CBO Report last spring stated the EXACT same thing. Here we are, a year later just about. NOTHING has changed and the course is the same but know worse.

[z]

I voted for the guy and I am disappointed. It's depressing to think that it really matters very little who you vote for and what they stand for because when delivery time comes it's just different packaging but same content.

[decoy409]

Save it for the pack. Your words are useless in a REAL WORLD.

[The Virginian]

I voted for the guy and I am disappointed. It's depressing to think that it really matters very little who you vote for and what they stand for because when delivery time comes it's just different packaging but same content.

And this is exactly why people think that the Presidency is nothing more than the real powers puppet. Who are the puppet masters and what is their agenda?

Whatever or whomever they don't seem to have the American peoples welfare as their main priority!

[decoy409]

Your dam straight about that Virginian!

[djrick]

Obama's new Chief of Staff from JP Morgan holds $7.6 million worth of stock?

Meet the new boss, same as the old boss

[decoy409]

djrick, But we are on the right track remember!

[wyouser]

Where are we now after three decades and 5 Presidents....all that change but things remain the same. One must first serve at GS or JPM before one is eligible to serve in an administration.

[decoy409]

And ain't that THE TRUTH!

[djrick]

The rotating door is popular - spend a few years doing government "service", and you can cash in your winnings tax-free.

www.marketwatch.com/story/paulson-files-to-sell-500-mln-in-goldman-stock

Paulson files to sell $500 mln of Goldman stock

"Interestingly, under U.S. government ethics rules, while Paulson is required to sell the shares, he is also exempt from paying taxes on any capital gains on the sale if he obtains a certificate of divestiture. The rule granting the exemption is designed to make sure prospective government employees who own a lot of stock are not dissuaded from joining the government. "

[lifewasgood]

Speech? what speech? Ooooooo you mean that yapping going on last night.

[fuel100]

I didn't watch it but I saw him leaving the room signing autographs. WTH was up with that? I don't think I've ever seen a president do that after a speech?

[decoy409]

dj, why that is just charming. But remember! We are on the right course!

[blebs]

Heck, just change the date for this year, to next year, to the next year and you'll have the same State Of The Union Address.

[decoy409]

blebs, nothing like RERUNS hey!

[The Virginian]

Meet the new boss, same as the old boss

Again I ask - who are the Puppet Masters? All the Puppets do seem to come from the same areas - or at least their "Aides" do.

[vl]

You know the saying... meet the new boss, same as the old boss. Not completely true. It's really... meet the new boss, has the same administrative support as the old boss.
A friend of mine in law enforcement says "loyal" secretaries with decades on the job are going to jail after retirement because the new bookkeeper discovered all the channeling and funneling done. One case had the old sweetie shifting a $200 fee created in 1963 to her account in the Caymans. That's $200 a month for 47 years plus interest. MAJOR corporation.

The problem is-- Obama stated in his speech that the forthcoming jobs will be for college-educated people. College-educated does not automatically mean-- capable or even competent. We are hearing about the 579-page Financial Inquiry chaired by Phil Angelides. Flat out-- BANKS DID IT.
Review the course of events leading to 2008, not in 2008. In 1998, non-banks blew away banks in mortgage productivity. A new record was set BUT, given the volume, it nearly guaranteed a 1999 lull. In October 1998, supposedly a coup in Russia caused a complete melt-down in credit liquidity to non-banks here in America. Most private lenders-- died. Simultaneous to Kenneth Starr chasing Bill Clinton for chasing Monica Lewinsky, bankers conspired and accomplished slipping the Gramm Leach Bliley Act into an obscure Bill and got it passed AND bought the surviving non-bank lenders for pennies. Also simultaneous... Goldman Sachs was IPO'd AND replaced traditional Secondary market mortgage transacting with the apocalyptic bad Mark to Market system.
We got Check 21'd in 2000 (no more floats on checks) and secretly, banksters created a shadow income-generator known as the Automated Clearing House (ACH) for laundering money (the transaction cost became a derivative, the fee went to components of the "House").
The whole plan was to actually accelerate a condition caused by the 1986- Tax Reform Act... to hyper-accelerate home values. It took into 2003 to place credit on nearly all of that inflated value and to convince people to use the credit. How? By building big McMansions for Generation eXtravagant- a group who got degrees for remaining toxic drunk and naked on campuses for 4-6 years while hyping college-sports to fanatic levels that overtook getting an EDUCATION.
By 2007... George HW Bush through George W Bush had all cylinders of the greatest scam in history- firing wildly. He controlled the CIA through former ties, Congress through stooges and current ties, Wall Street, Banks and even had his son Neil conduct Platform Business Arrangements in China that allowed manufacturing to dry up here, produce sweat shops there, funded by his dark pool investments.
Coming up SHORT... he had Hank Paulson squeeze an additional $700 BILLION via TARP by waving blank paper in the air. It's an OBVIOUS fact that Merrill Lynch, Bear Sterns and some others were not willing to collude. They are dead.

On Tuesday, we got a glossed-over financial sector mention that told us we weren't going to see anything done there. it should be OBVIOUS that there are things WRONG in the financial sector worldwide if nations are willing to overthrow governments and close up banks to conduct-- basic living.

[jarhead1976]

DOW up to 1400. With unemployment up! Its a miracle.

[comokate]

"The problem is-- Obama stated in his speech that the forthcoming jobs will be for college-educated people. College-educated does not automatically mean-- capable or even competent. We are hearing about the 579-page Financial Inquiry chaired by Phil Angelides. Flat out-- BANKS DID IT."

Amen to that-
I'm all for higher education. Let everyone strive to make the most of their talents. The problem is, not everyone is college material, and lowering the academic standards will only make us decline even further in world standing.
The predatory lending practices of the banking industry are now sliding over to "educational" entities....check out some of the dismal "graduation"/employment rates for former students of "online schools", those with continuously running television ads, even some bricks and mortar facilities.
It is not uncommon for these "schools" to have "tuition" rates of 24,000 dollars and more...for very questionable programs , many of which are not accredited programs ( meaning=really pretty worthless). I have a family member who is employed in a student loan processing center. She has become quite alarmed at not only the loan amounts people are taking on ( which cannot be released in a personal bankruptcy) , but also of (the predatory nature of the lending itself ( which was turned over to...drum roll...PRIVATE BANKS).
We need jobs. Manufacturing jobs. Jobs that pay a decent living wage to the honest hardworking people that are the backbone of any economy. WE THE PEOPLE also need some solidarity with each other because obviously the Wall Street crowd could care less about the financial, environmental and human carnage they leave behind in their ruthless pursuit of personal gain-






"Thick haze collected over the Beijing region in late March 2007. Earlier that month, the BBC News reported that an international team of scientists had documented how increasing pollution in China led to decreasing rainfall over the region. "
www.nasaimages.org/luna/servlet/detail/nasaNAS~10~10~73530~178978:Haze-over-China?widgetType=detail&nsip=1


The Human Cost :

"BEIJING, CHINA - DECEMBER 11: A nurse cleans a growth of an excrescent hand on the back of 11-year-old Chinese girl Ren Xin on December 11, 2007 in Beijing, China. Ren Xin, who is from the heavy polluted Shanxi Province in northern China, suffers from Congenital Scoliosis. Ren will receive surgery on December 12, the first step of a four-phase program to remove the excrescent hand. According to reports, the number of Chinese babies born with birth defects such as cleft lip and palates, and extra fingers and toes, has increased by 6 per cent each year, and babies born with disabilities now account for up to 40 per cent since 2001 with concerns that this may be related to environmental pollution."
www.daylife.com/photo/06ZD8B2ajR24G



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Is cheap junk at the local discount store worth this??

[Deleted]

Jan 27, 2011 15:26:12 GMT -5 @jarhead1976 said:

DOW up to 1400. With unemployment up! Its a miracle.

Dow is up to near 12,000 today merely because QE 2 is now in progress. The average person's retirement portfolio has really no where else to go without taking a loss due to inflation. (simply put)