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GOP attacks GM takeover, Wall Street Profiteers
When the White House Press Spinner Gibbs says, "we all have to make sacrifices," he smirks away. The only one making a sacrifice in this disaster is our children who are facing a $72T debt burden, if you bother to count Medicare and Social Security- which, of course, they will never receive. ZeroHedge calls the spade a spade in this post: GM is set to announce the sale of Hummer for $100-$200 million at some point today, marking the most anyone paid for one of those since Eliot Spitzer. As Zero Hedge reportCollected in tristar-research's videos Jun 2, 2009 -
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 -
Timmy Geithner’s Fear: Greenspam Warns of “Shortfalls”
Former Federal Reserve Chairman Alan Greenspan signaled that the financial crisis has yet to end even as borrowing costs tumble, warning that U.S. banks must raise “large” amounts of money, according to Bloomberg. “There is still a very large unfunded capital requirement in the commercial banking system in the United States and that’s got to be funded,” Greenspan said in an interview yesterday in Washington. He also said that “until the price of homes flattens out we still have a very serious pCollected in tristar-research's videos May 21, 2009 -
The Flagrantly Visible Hand Manipulating the Market
Three commentators on Fox News admit that the Bernanke put has been jamming the futures overnight and at the close of each market day- Oh, who has $10-20B of EOD firepower? Three guesses...the head of Schaeffer's Investments comments: “Something strange happened during the last 7 or 8 weeks. Doreen you probably can concur on this -- there was a power underneath the market that kept holding it up and trading the futures. I watch the futures every day and every tick, and a tremendous amount of volume cameCollected in tristar-research's videos May 19, 2009 -
Support HR 1207:Federal Reserve Looting the Taxpayer- $9TRILLION MISSING?
Federal Reserve Inspector General Elizabeth Grayson is a complete and utter liar regarding the bailouts and the taxpayers assets disposition. Where did the TRILLION DOLLARS GO???Collected in tristar-research's videos May 13, 2009 -
Saturday Night Live – Geithner Cold Open – Video – NBC.com
A very funny deadpan parody of Timmy the Tax Dodge- it's a pass-pass system. "Geithner Sucks!"Collected in tristar-research's videos May 12, 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
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tristar-research When the White House Press Spinner Gibbs says, "we all have to make sacrifices," he smirks away. The only one making a sacrifice in this disaster is our children who are facing a $72T debt burden, if you bother to count Medicare and Social Security- which, of course, they will never receive. ZeroHedge calls the spade a spade in this post: GM is set to announce the sale of Hummer for $100-$200 million at some point today, marking the most anyone paid for one of those since Eliot Spitzer. As Zero Hedge report Read More
Jun 2, 2009