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Dodd Facing Tough Re-election Fight- Could Always Work for AIG
Of course we will have Fascism in America, but we will call it Democracy. - Senator Huey Long From Daily Kos: It is interesting to note that the bonuses about which President Obama is so angry were explicitly protected by Senator Dodd in the stimulus bill that President Obama signed. Can someone help me understand why AIG is a bunch of bad guys for taking advantage of provisions that the Congress went out of its way to add to law? http://www.foxbusiness.com/... "While the Senate was constructingCollected in tristar-research's videos May 30, 2009 -
China Won’t Finance U.S. Debt; “We Hate You…you are devaluing your Dollar!” Hyperinflation Collapse?
On Tuesday, the Telegraph's Ambrose Evans-Pritchard reports that China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed's direct purchase of US Treasury bonds: Richard Fisher, president of the Dallas Federal Reserve Bank, said: "Senior officials of the Chinese government grilled me about whether or not we are going to monetise the actions of our legislature." "I must have been asked about that a hundred times in China. I was asked at every single meetiCollected in tristar-research's videos May 27, 2009 -
AIG Tab > $190B! The Fed Directed $100B be paid from Taxpayers to Goldman and Others Offshore-100% of CDS Face Value!
Since September 2008, AIG has received over $180 billion in Federal assistance to help stabilize the company. The House Oversight Cmte. heard assessments from the three trustees appointed by the New York Federal Reserve to oversee the use of taxpayer funds. AIG Chairman & CEO Edward Liddy also testifies before the Committee.Collected in tristar-research's videos May 22, 2009 -
Fed Seeks to Privatize SEC Securities Oversight Function
In what has to be a video testimonial to the absurdity of our "free market", CNBS host Dennis "Kneel" shills for the economy in early 2008 and then, in a brilliant clip, completely ignores Jeff Mackey's obtuse? protests about the absurdity of the auto and bank bailouts....Truly tellingCollected in tristar-research's videos May 20, 2009 -
President Obama: Wall Street Bankers are terrorists holding us hostage
Interesting- in this town hall meeting, President Obama explains the bank leverage problem. But he says "we are not going to get 100% of the capital back lent by these banks" who have bombs strapped to their bodies, he explains. Oops, Sheila Bair of the FDIC says they see "no risk" (my earlier post) from losses tied to selling toxic assets on a leveraged basis to private investment firms like Goldman, PIMCO, and others with the inside track and colleagues in the positions to direct the best assets to them!Collected in tristar-research's videos Apr 10, 2009 -
Peter Schiff Warns that the Chinese are OUT and M2M is a Bust
Peter Schiff points out that the Chinese have already decided to move away from the dollar and are not buying Treasury bonds as the economy slumps.Collected in tristar-research's videos Apr 3, 2009 -
Schiff Points Out the Absurdity of Pushing “Consumerism” Again
Two years ago, when major banks announced multibillion-dollar losses in subprime mortgages, the world's central banks injected unprecedented amounts of cash into the financial markets. But that was not enough. Six months later, when Lehman Brothers and AIG fell, the U.S. Congress rushed to pass the TARP, the greatest bank bailout legislation of all time. But as it turned out, that wasn't sufficient either. Subsequently, in addition to the original goal of TARP, the U.S. government has loaned, invested,Collected in tristar-research's videos Mar 26, 2009
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tristar-research Of course we will have Fascism in America, but we will call it Democracy. - Senator Huey Long From Daily Kos: It is interesting to note that the bonuses about which President Obama is so angry were explicitly protected by Senator Dodd in the stimulus bill that President Obama signed. Can someone help me understand why AIG is a bunch of bad guys for taking advantage of provisions that the Congress went out of its way to add to law? http://www.foxbusiness.com/... "While the Senate was constructing Read More
May 30, 2009