During an interview our Treasury Secretary said that changes in the banking sector need to be made so as to avoid another boom growth period.
Do you really know what this means folks? The government wants to control our growth and therefore you. By achieving this goal they can create economic tyranny and therefore control us by how we live, what we drive, where we go for medical treatment, how we moderate the temperature in our homes, how much we may earn......the list goes on.
This battle is not Republican vs Democrat although the media would have you believe it is. No, this battle is for them to pursue and install their ideology.
Get your friends to join. We need to stand up and respond.
Thanks for reading and as always share your opinion.
Monday, May 11, 2009
Muslim, Christian or neither.....
Well, more evidence of where we are headed as a country unless we stand up and and fight.
Obama did not show up for the "National Prayer Day"
He accepted an invitation to speak at a mosque in Egypt
Obama suggested that the sound of Islamic prayer early in the morning is a beautiful sound.
Do you think that he may speak arabic when addressing the muslims in Egypt?
Without your membership we cannot represent our voice and by now you should know that the Republicans are not willing to either.
As always I thank you for sharing this with your friends and family.
Together we can powerup our country, do you want to?
Obama did not show up for the "National Prayer Day"
He accepted an invitation to speak at a mosque in Egypt
Obama suggested that the sound of Islamic prayer early in the morning is a beautiful sound.
Do you think that he may speak arabic when addressing the muslims in Egypt?
Without your membership we cannot represent our voice and by now you should know that the Republicans are not willing to either.
As always I thank you for sharing this with your friends and family.
Together we can powerup our country, do you want to?
Friday, May 8, 2009
The crowning of Obama and dethroning of USA citizens
By Dick Morris
Posted: 05/05/09 05:39 PM [ET]
President Obama’s vision of the future is, apparently, an economy guided, steered and — when the occasion demands — commanded by the federal government. Some of the companies will remain private. Washington will take others over. But all will look to the White House, as to an orchestra conductor, for signals as to how and when and where to proceed.
This summary is the vision that emerges from the Chrysler bailout.
Whether or not one believes the claims of attorney Thomas Lauria (I do) that the investment bank Perella Weinberg Partners was strong-armed by the administration, the fact remains that the four firms that accepted the piddling offer of 29 cents on the dollar are all awash in Troubled Asset Relief Program (TARP) money.
Citigroup, Morgan Stanley, Goldman Sachs, and JPMorgan Chase all dutifully approved the offer from Washington, while Perella Weinberg reportedly held out for 50 cents. Did the combined $90 billion the four compliant firms owed Washington in TARP funds make a difference in their passive acquiescence? You bet it did.
They shouldn’t have said yes. Clearly, Obama was not about to pull the trigger, which would have sent tens of thousands of autoworkers straight into unemployment. Politically, he would have had no choice but to cough up the $4.5 billion loan the feds just gave Chrysler with or without a debt settlement. The political pressures that have always operated on this Democratic president are still there and still in play.
Knowing the ultimate vulnerability of the administration position, any investment bank that was looking out for its clients would have demanded more than 29 cents. But Citigroup, Morgan Stanley, Goldman Sachs, and JPMorgan Chase all had a higher calling — they had to appease King Barack I. To its credit, Perella Weinberg put its investors first.
But this little vignette shows exactly what the new rules of the game will be under this administration. It won’t be Soviet-style socialism or Reaganesque capitalism. The system will more resemble the Japanese arrangement where MITI, the Ministry of Trade and Industry, informally guided companies and told them what to do. In Japan, a nod usually suffices to command. In the United States, one has to use a hammer. But the result will be the same: compliant capitalism.
Companies will not look out for their shareholders or their employees or even their customers so much as watch the smoke signals from Washington to decide what to do. The markets won’t control decisions. Washington will.
Posted: 05/05/09 05:39 PM [ET]
President Obama’s vision of the future is, apparently, an economy guided, steered and — when the occasion demands — commanded by the federal government. Some of the companies will remain private. Washington will take others over. But all will look to the White House, as to an orchestra conductor, for signals as to how and when and where to proceed.
This summary is the vision that emerges from the Chrysler bailout.
Whether or not one believes the claims of attorney Thomas Lauria (I do) that the investment bank Perella Weinberg Partners was strong-armed by the administration, the fact remains that the four firms that accepted the piddling offer of 29 cents on the dollar are all awash in Troubled Asset Relief Program (TARP) money.
Citigroup, Morgan Stanley, Goldman Sachs, and JPMorgan Chase all dutifully approved the offer from Washington, while Perella Weinberg reportedly held out for 50 cents. Did the combined $90 billion the four compliant firms owed Washington in TARP funds make a difference in their passive acquiescence? You bet it did.
They shouldn’t have said yes. Clearly, Obama was not about to pull the trigger, which would have sent tens of thousands of autoworkers straight into unemployment. Politically, he would have had no choice but to cough up the $4.5 billion loan the feds just gave Chrysler with or without a debt settlement. The political pressures that have always operated on this Democratic president are still there and still in play.
Knowing the ultimate vulnerability of the administration position, any investment bank that was looking out for its clients would have demanded more than 29 cents. But Citigroup, Morgan Stanley, Goldman Sachs, and JPMorgan Chase all had a higher calling — they had to appease King Barack I. To its credit, Perella Weinberg put its investors first.
But this little vignette shows exactly what the new rules of the game will be under this administration. It won’t be Soviet-style socialism or Reaganesque capitalism. The system will more resemble the Japanese arrangement where MITI, the Ministry of Trade and Industry, informally guided companies and told them what to do. In Japan, a nod usually suffices to command. In the United States, one has to use a hammer. But the result will be the same: compliant capitalism.
Companies will not look out for their shareholders or their employees or even their customers so much as watch the smoke signals from Washington to decide what to do. The markets won’t control decisions. Washington will.
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