I Wtk More About All This Wall Street Mess

A group to help with understaning of all the problems we are having with Wall Street. 21 People

    Who Is Really Behind the "Poor Regulations" of the Banks

    Posted - 09/23/2008 :  9:45:52 PM   link to website  http://forum.brokeroutpost.com/loans/forum/2/241819.htm Here's a good article on why we're here. According to this it's the Democratic party who turned a blind eye towards the mounting Fannie...
    Grits4life Grits4life
    46-50, F
    3 Responses Sep 25, 2008

    Does Anybody Really Care About the Constitution Anymore ...

      http://www.thenewamerican.com/economy/commentary-mainmenu-43/512 The Bailout and the Constitution Written by Patrick Krey     Friday, 14 November 2008 00:52 The $700 billion...
    Josie06 Josie06
    56-60, F
    Nov 14, 2008

    The National Debt and the Bailout

    Let's see the math.   The Outstanding Public Debt as of 29 Sep 2008 at 02:06:13 PM GMT is: (from http://www.brillig.com/debt_clock/)   Going to the original gov't link (Emergency Economic Stabilization Act of 2008 --pdf 188k) shows a lot more about the bill in it...
    Josie06 Josie06
    56-60, F
    Sep 29, 2008

    Who Is This Person We Have to Trust

    President George W. Bush nominated Henry M. Paulson, Jr. to be the 74th Secretary of the Treasury on June 19, 2006. The United States Senate unanimously confirmed Paulson to the position on June 28, 2006 and he was sworn into office on July 10, 2006 by Supreme Court Chief Justice...
    Grits4life Grits4life
    46-50, F
    Sep 24, 2008

    Karl Marx Wins

      http://www.regularfolksunited.com/index.php?tab=article_view&article_id=294   Phil Gramm was right. You guys are a bunch of cry babies. You, me, that guy over there, all of us. Business goes through cycles of boom and bust. We survived the dot com bubble, the...
    Josie06 Josie06
    56-60, F
    2 Responses Oct 16, 2008

    Form One Who Doesn't Believe In the Federal Rerserve Or Saving Wall Street

    Wednesday, September 24, 2008 Dear Friends, Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to...
    Grits4life Grits4life
    46-50, F
    12 Responses Sep 24, 2008

    Its Simple

    the greedy got greedier!!!!!!!!   they sucked all the working-class into buying and buying on credit...and then raised the price of houses and rentals and food to a ridiculous extreme.....then raise interest rates so high...that all those in their over-priced homes can...
    jinda jinda
    56-60, F
    2 Responses Oct 8, 2008

    Corruption

    By: Jim Willie CB, GoldenJackass.com The United States has transformed itself, the most radical degraded aspects having occurred in the last eight years. Many might object or cringe at repeated mention of the Fascist Business Model implemented by the Clinton Administration, and...
    Grits4life Grits4life
    46-50, F
    Sep 24, 2008

    Chasing The Devil Is Chasing Your Tail

    The tragedy of human economics is not that some become wealthy by means we find reprehensible, but that the pathetic product (man's wares and services) of human processing (like education, religion, etc.) and conditioning are so highly prized that people stoop so low for it...
    PikdFlowr PikdFlowr
    61-65, M
    Oct 15, 2011

    Some Thoughts On This Mess

    My favorite economist is Milton Friedman. Here are some quotes I enjoy made by him. Think about them and this financial mess we find ourselves in.   Governments never learn. Only people learn. History suggests that capitalism is a necessary condition for political freedom...
    Josie06 Josie06
    56-60, F
    1 Response Sep 27, 2008

    Chairman Bernake

    Ben S. Bernanke was sworn in on February 1, 2006, as Chairman and a member of the Board of Governors of the Federal Reserve System. Dr. Bernanke also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. He was appointed as a...
    Grits4life Grits4life
    46-50, F
    1 Response Sep 24, 2008

    Food For Thought ... Historical Perspective

    Interesting reading on this subject http://www.wnd.com/index.php?fa=PAGE.view&pageId=76302 Soviet-style collapse in America's future? September 27, 2008   The meltdown in the financial markets has caused the finger of blame to spin like a weathervane in a hurricane...
    Josie06 Josie06
    56-60, F
    2 Responses Sep 28, 2008

    Chairman Cox of Sec

    Christopher Cox is the 28th Chairman of the Securities and Exchange Commission. He was appointed by President Bush on June 2, 2005, and unanimously confirmed by the Senate on July 29, 2005. He was sworn in on August 3, 2005. During his tenure at the SEC, Chairman Cox has made...
    Grits4life Grits4life
    46-50, F
    Sep 24, 2008

    Like Giving Candy to a Starving Child.

    A great Dr. Thomas Sowell article. In short, the economy today does have some serious problems however things are not desperate, though they can be made desperate by politicians. We are currently drowning in government oversight, also we are non-competitive not playing on a...
    Josie06 Josie06
    56-60, F
    3 Responses Nov 25, 2008

    My Simple Thoughts

    I enjoyed this article, it sums things up pretty well for me. Remember, none of us can own property in America anymore. We are all, every one of us merely leasing till death. If you don't believe it, stop paying your property tax and see how long you keep your land and your home...
    Josie06 Josie06
    56-60, F
    5 Responses Sep 27, 2008

    Banksters House Of Cards Simplified

    Here’s a story of a man who was walking up a hill. My how he enjoyed walking UP that hill. The sights he would see and the air, so fresh. Eventually, he saw that the hill was about to end and he would start to go back DOWN. No longer ascending, he would be descending. This...
    2Buddies 2Buddies
    46-50, M
    Oct 7, 2010

    Government Give Away Ou Our Future

    At some point there IS a limit! Right? 50% of annual GDP is a staggering figure. Where do they get the Constitutional authority to do this? Realize this: the Fed does not need to have money to make purchases or to shoulder CitiBanks losses. It *can* print money out of thin air...
    Josie06 Josie06
    56-60, F
    2 Responses Nov 24, 2008

    Update

    Dear Friends: The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the...
    Grits4life Grits4life
    46-50, F
    Sep 25, 2008

    I Have An Idea!

    Since this debacle turned into a bottomless black hole and money give-away to banks and others, i was thinking. The US Treasury, er really we the taxpayers, have given $700 billion dollars to banks ... Banks are in the business of lending money, right ... So why don't the...
    Josie06 Josie06
    56-60, F
    1 Response Dec 16, 2008

    I Am Trying to Understand It

    so I went on line and googled "Ponzy scheme" because that term has become popular in the media to describe what the wall Street bankers were doing. i found out it's like a major pyramid scam. The US has been duped big-time by greedy capitalists. The perpetrators should...
    RubyTewes RubyTewes
    31-35, F
    2 Responses Mar 15, 2009

    Man

    I think Wall Street is going down..
    mother1983 mother1983
    31-35, F
    1 Response Sep 24, 2008

    More Food For Thought ... Historical Data

      http://www.intellectualconservative.com/2008/10/04/the-story-of-freddie-and-fannie/ The Story of Freddie and Fannie Fannie Mae and Freddie Mac play a dominant role in the housing market by buying up mortgages and reselling them to investors. With approximately 5...
    Josie06 Josie06
    56-60, F
    1 Response Oct 5, 2008

    Federal Reserve's History

    By: Wayne N. Krautkramer The US did everything in their power to remove British influence and control from this continent. Again and again we defeated all attempts to allow our money to be controlled by a National (Central) bank. When Central banks were established, we abolished...
    Grits4life Grits4life
    46-50, F
    Sep 24, 2008

    Good Article About Recent Congressional Bailout Bill

    Written by a Canadian, it asks the right question, Is it Constitutional. IMHO, it is not ... for numerous reasons. It is thought provoking and hopefully many have questions. Found at http://www.davidwarrenonline.com/index.php?id=926.   Ignoring the People Talk about...
    Josie06 Josie06
    56-60, F
    2 Responses Oct 5, 2008

    Those Who Ignore History Are Doomed to Repeat It.

    Maybe the problem is, most Americans do not know the history of this.     http://www.sfexaminer.com/opinion/How_government_prolonged_Great_Depression.html Examiner Editorial: How government prolonged Great Depression Examiner Editorial 10...
    Josie06 Josie06
    56-60, F
    Oct 30, 2008

    Sign the “no More Bailouts” Petition

    Bailout of Fannie Mae and Freddie Mac - $200 Billion Bailout of Bear Stearns - $29 Billion Bailout of AIG - $85 Billion Bailout of money market funds - $50 Billion Bailout of the rest of Wall Street - $700 Billion Total cost to date – Over $1,000,000,000,000. That...
    Josie06 Josie06
    56-60, F
    Oct 23, 2008

    Update

    Dear Friends: The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the...
    Grits4life Grits4life
    46-50, F
    4 Responses Sep 25, 2008
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