Wednesday, October 15, 2008
Lately this war has hit main stream big time. And It's time you have been made aware!
Hey, the name "Barack Hussein Obama" gives much fodder to the xenophobic's in this country to work with, you have to admit.
Let's break this down...
Barack rhymes with Iraq, Hussein (Saddam Hussein) is so much fun and finally, the "coup de grace" Obama is only one syllable away from Osama!
So what we have here is a name to be seriously fukked with people!
This wasn't lost on CNN: What's In a Name.
And honestly, who hasn't flubbed this?
Or it could just be racist...lol
Hey, let's face it, negative politics works here, the majority of Americans living in Southern states still believe Osama, Opps! I mean Obama is not only a Muslim, but will either destroy our country because of being a Muslim, or because so many believe he is the "messiah" further fueling the fire of ignorant Evangelicals wishing Obama is the Anti-Christ they have been waiting for all their lives...
And since this has become a race based on association, "terrorist" has nothing to do with Ayres at all, after all, who thinks of Viet Nam war protesters?
In this day and age, the word "Terrorist" is associated with "Muslims" And who better to associate that with than one who has a "terrorist" name?
Let's be serious for a moment, Most Americans who go into that voting booth will have have a hard time voting for a black, but in this day, a Muslim who is at war with America?
Yeah, it's not so easy....
But can we as Americans vote fear yet again, putting into office those who so often make decisions "with their gut" or do we want people who can rise above that and make decisions with a different part of their anatomy...maybe with their brain?
I know, intelligence isn't something that many care about here, but if you take a look at history, whenever intelligence was killed, say the USSR, in the long run, they didn't do well...
Think about it....
Wednesday, October 8, 2008
Less than a week after the federal government committed $85 billion to bail out AIG, executives of the giant AIG insurance company headed for a week-long retreat at a luxury resort and spa, the St. Regis Resort in Monarch Beach, California, Congressional investigators revealed today.
"Rooms at this resort can cost over $1,000 a night," Congressman Henry Waxman (D-CA) said this morning as his committee continued its investigation of Wall Street and its CEOs.
AIG documents obtained by Waxman's investigators show the company paid more than $440,000 for the retreat, including nearly $200,000 for rooms, $150,000 for meals and $23,000 in spa charges.
"They're getting their pedicures and their manicures and the American people are paying for that," said Cong. Elijah Cummings (D-MD).
"This unbridled greed," said Cong. Mark Souder (R-IN), "it's an insensitivity to how people are spending our dollars."
"I am heartbroken at what has happened," Sullivan said.
Robert Willumstad, the CEO from June to September, 2008, maintained AIG was a victim of a "crisis in confidence" and an "unprecedented global catastrophe." "Through the first week of September we were confident AIG could weather the crisis," Willumstad testified. He said the federal government offered its $85 million bail out on the afternoon it prepared for bankruptcy. Willumstad said the Federal Reserve demanded he resign, and will turn down his AIG retirement package of several million dollars.
But Congressional investigators raised question of "mismanagement" and whether AIG executives sought to "cook the books" and hide negative information from outside auditors.
On Dec. 5, 2007, Waxman said, CEO Sullivan told investors, "We are confident in our marks and the reasonableness of our valuation methods."
Documents obtained by the committee show that one week earlier, auditors Pricewaterhouse Cooper had "raise their concerns with Mr. Sullivan…informing him that PWC believed that AIG could have a material weakness relating to the risk management of these areas."
In March, 2008, the Office of Thrift Supervision wrote AIG, "We are concerned that the corporate oversight of AIG Financial Products…lacks critical elements of independence, transparency, and granularity."
Asked about the letter by the committee, the SEC's former chief accountant, Lynn Turner, said the letter reflects "a serious problem from the top down of management, that can bring an organization down."
Former AIG CEO Sullivan said accounting rules required AIG to mark down the value of its holdings, even though it had no plans to sell them, the "mark to market" provision.
AIG had to sell at "fire sale prices," he told skeptical members of Congress. "Suddenly a company with a trillion dollars in assets" was in trouble, said Sullivan.
Waxman questioned both former CEOs about a former AIG auditor who claimed he had been blocked from reviewing the books of a London-based division that has since been blamed for a large share of the company's downfall.
Former CEO Willumstad, chairman of the AIG board at the time, said "I honestly don't remember" the concerns raised by the former auditor.
"I find that very disturbing," said Congressman Waxman.
Waxman also said there is evidence the two men changed the bonus schedule once the company began to post losses, so that executives under the "Senior Partners Plan" would continue to make multi-million dollar salaries.
"Mr. Sullivan and the other top executives should have had their bonuses slashed due to poor performance," said Waxman.
Sullivan said it was "substantially reduced" by the board in 2007 due to poor performance.
Sullivan was given a $15 million "golden parachute" payment after being replaced as CEO in June.
Maybe that's why he (Richard Fuld) got punched in the face?
I personally think if congress is incapable to keep these people accountable, more public displays by the private sector could be due to show our displeasure like the article on Mr. Fuld.
I honestly don't know what to make of it, but I will say it scared the bejebus out of me.
I'd like some comments on how accurate this is, especially the part about ACORN and it's involvement in our nations current financial crisis.
The College Years
Community Organizer Years
This is seriously scary stuff. But is it real? Inquiring minds want to know...
Sunday, October 5, 2008
Thursday, October 2, 2008
Biden, the consummate insider with over 30 years experience, failed to score a declarative knock-out. Why?
To be fair, he was fighting a woman. A sexy DC outsider. And I knew during the debate he pulled his punches on a few occasions, like her gaff on calling the Afghanistan "General David McKiernan", "General McKinney". I'm sure Biden knew his name but didn't call her on it.
Very gentleman like.
I'm sure he will score future points on that one...
However, after the Katie Couric interview, everyone was expecting a train wreck with this debate.
Everyone knows Biden's superior debating skills and overall knowledge to just kill on this one.
And after all, with the current "anti-republican" climate and total "dis-connect" with most people in America on the economy, Wall Street, the war, gas prices, health care debacle, our declining popularity in the international community, and most importantly the feeling that the "middle-class" is being marginalized, I expected Biden to really hit this one out of the park.
That didn't happen.
Yes, Biden won this debate and came across much more knowledgeable on many issues, but that was expected. He's a pro.
How the hell did Palin come across as credible?
Yet she did... Even as a novice.
The funny thing is, she came across more credible for herself than she did for McCain.
You heard this here first (maybe) but I believe that Obama will win this election and Palin will come out as the true "maverick" in 2012 and win.
After all, it took a Jimmy Carter to make a Ronald Reagan.
Sarah Palin will be the new Reagan in 2012.
Mark my words. If something crazy doesn't happen, she will be the darling of the next election.