Monday, September 29, 2008

Economic Scorecard

As We All Keep Reading About Failures In The Markets, I Have Decide To Put Together A List Of Dropouts/Buyouts/Rescues And Failures.







































































Failed LenderMethodNew Holder
CountywideMandated RescueBank Of America
Freddie MacTakeoverGovernment
Fannie MaeTakeoverGovernment
Merrill LynchSoldBank Of America
Bear StearnsBailout/SaleJP Morgan
Lehman BrothersBankruptcy
AIGBailout-80% Government Shares
WaMuTakeover/SaleJP Morgan
Overseas
Bradford & BingleyNationalizedGovernment UK
Glitnir HFTakeover-75% Government Iceland
Hypo Real EstateBailoutGerman Institutions
FortisRescueBelgium Netherlands Luxembourg


So The Question Is, "What/Who Is Next?"

Well, You've Got Goldman Sachs And Morgan Stanley Who Have Changed Status To "Holding Banks." The Latter Has Already Sold A 5 Billion Stake To A China Firm While Also Devaluing It's Holdings By 9.4 Billion.

JP Morgan Is Busying Itself Buying All The Crap It Can. They May Be Betting On A Bailout, However, They Came Out Good After The Great Depression. Due To Following Ethical Practices And Not Just "Staying Within The Law." If They Have The Same Mindset Now, It'd Be A Good Investment If, If You Have Any To Invest.

Wachovia Is Currently Prettying Itself Up For Citigroup.

Read More...

Now For Something Completely Different

Sunday, September 28, 2008

John Kerry Shows Fire!



I Would Say That Falls Under The Heading Of Pwnd.

Pwnd = Owned = Handed McCain's Ass To Him On A Platter.

Obama Rally




Can You Believe It? 26,000 Show Up To An Obama Rally, IN THE RAIN!!! In Virginia, No Less! For A Predominately Red State The Numbers Show It Still Too Close To Call At This Point.

The Local Media Even Interviewed Some Vets. Guess What. They Like And Respect Obama!

Clinton Supports...

Saturday, September 27, 2008

Scared The Hell Out Of Me!!

Really, The Video Says It All.

McCain Debate Highlights In Song And Dance



Not Bad, Especially Lehrer's Responses!

Thursday, September 25, 2008

PETA Crosses The Line Again!

YOU HAVE GOT TO BE KIDDING ME!!!!

VERMONT -- People for the Ethical Treatment of Animals sent a letter to Ben Cohen and Jerry Greenfield, cofounders of Ben & Jerry's Homemade Inc., urging them to replace cow's milk they use in their ice cream products with human breast milk, according to a statement recently released by a PETA spokeswoman.

"PETA's request comes in the wake of news reports that a Swiss restaurant owner will begin purchasing breast milk from nursing mothers and substituting breast milk for 75 percent of the cow's milk in the food he serves," the statement says.

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Mr. Deity And The Evil



Mr. Deity Decides What To Leave In Creation In Order To Foster Doubt As To His Existence.

Monday, September 22, 2008

Stock Market Bailout? Thanks, But No Thanks!

A Letter That I Sent To Both My House Representative And To My Senator. I'm Sure That It Is A Bit Rambling But, I Didn't Have The Time To Really Refine It As This Is An Issue That May Be Pushed Through At A Moments Notice.

I Advise You To Do The Same To Prevent Unfettered Socialism From Getting A Stranglehold On Our Economy.

You May Use Mine If You'd Like, I'd Advise Rereading It And Cutting The Fat.

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Sunday, September 21, 2008

Change I Can Believe In!



Here Is A Good Place To Start.

McCain IS The Enemy

Three Times is Enemy Action

Sun Sep 21, 2008 at 06:03:41 AM PDT

"Once is happenstance. Twice is coincidence. Three times is Enemy Action."
-- Auric Goldfinger

James Bond's wealthy nemesis may have had an obsession with gold, but he judged, quite correctly, that if people keep putting your plans awry, that was likely their intent.

In 1982, the same year John McCain entered the Senate, a bill was put forward that would substantially deregulate the Savings and Loan industry. The Garn-St. Germain Depository Institutions Act was an initiative of the Reagan administration, and was largely authored by lobbyists for the S&L industry -- including John McCain's warm-up speaker at the convention, Fred Thompson. The official description of the bill was "An act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans." Considering where things stand in 2008, that may sound dubious. It should.

Seven years later, the S&L industry was collapsing. What was the cause? Garn-St. Germain handed the S&Ls a greatly expanded range of capabilities, allowing them to go head to head with full service banks, but it didn't give them the bank's regulations. Left to operate in an anarchistic gray area, S&Ls chased profits, indulged in amazing extravagances, and cranked out enough cheap mortgages to fuel a real estate boom. They also experimented with lots of complex, creative -- and risky -- investments, even though they didn't have the economic models to really determine the worth of the things they were buying. The result was a mountain of bad debts and worthless "assets." Does any of that sound eerily (or nauseatingly) familiar?



READ THE REST HERE!

Palin/McCain - Ignorant/Inept

My Friend Steve Has A Post About Palin And Her Lack Of Not Only any Actual Scientific Knowledge But Also A Lack Of Critical Thinking. Link To Zarbi's Journal I Get Tired Of Hearing The Continual Stream Of Blatant Lies Coming From The Repuglicans. Seriously, We All Know That Politicians Stretch The Truth And Omit Words From Quotes But It's Getting Outrageous.

The Worst Part Is That Most People Can't Be Bothered To Do A Little Research On Their Own. I Admit That With My Union Ironworker Background In A Strong Union Area That I Was Leaning Towards The Democratic Candidate Anyway But, I Still Feel That It Is My Obligation To Make An Informed Decision Based On My Own Research And Fact Finding.

Read More...

Friday, September 19, 2008

McCain Repeats History



McSame.

'Nuff Said!

Wednesday, September 17, 2008

Revolution!!!!!

Oh Yes, The Republican Campaign Does Think The American People Are Blind And Retarded. However, They Are Quick To Forget The Power Of Disenfranchised Computer Geeks.

The internet activist group 'anonymous', famed for its exposure of unethical behavior by the Scientology cult, has now gone after the Alaskan governor and republican Vice-Presidential candidate Sarah Palin.


At around midnight last night the group gained access to governor Palin's email account ... and handed over the contents to the government sunshine site Wikileaks.org.

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McCain Is A Liar

I Just Want To Keep The Meme Of McCain/Palin Being Lairs Active.

NBC Nightly News Fact Checking Palin

The Outside Insider

The Daily Kos

Here is a look at McCain’s back-and-forth on regulation during the last 24 hours:

- Deregulation: McCain issued a statement Monday morning saying that “we cannot tolerate a system that handicaps our markets and our banks.”

- Regulation: McCain’s campaign then put out an ad calling for “tougher rules on Wall Street.”

- Deregulation: This morning, on NBC’s Today Show, McCain said, “Of course, I don’t like excessive and unnecessary government regulation.”

- Regulation: Then, on CBS’s The Early Show, McCain said, “Do I believe in excess government regulation? Yes.”

- Both: On CNBC’s Squawk Box, McCain said, “We don’t want to burden average citizens with over-regulation and government bureaucracy...And I’m proud to be a Teddy Roosevelt Republican, who said, ‘unfettered capitalism leads to corruption,’ and we’ve got to fix this.”

Saturday, September 13, 2008

Re-Print From The New York Times

I Cannot Express How Bad This Person Will Be For Our Country. More Of The Same? Not Hardly! It Will Be A Golden Age Of Fascism In The US With No Checks Or Balances.

I'm So Happy She Was "Fully Vetted."

Link To Original

Once Elected, Palin Hired Friends and Lashed Foes

By JO BECKER, PETER S. GOODMAN AND MICHAEL POWELL
Published: September 13, 2008

WASILLA, Alaska — Gov. Sarah Palin lives by the maxim that all politics is local, not to mention personal.

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Pardon My Mess

I Am Trying To Get Some Help On This Blog. Please Pardon The Horrendous White Outline Around The Expanded Posts. It Will Be Changed Back To Black As Soon As I Figure Out How To Outline All The Text On The Page In The Same Fashion.

In The Meantime, To Read A Post Just Click The Title Instead Of Expanding It.

It Will Hurt Your Eyes, LOL.

Sorry For The Inconvience.

][vy

Friday, September 12, 2008

Experience? Yes, No, Maybe WTF!

It'd Be Nice To Have Your Running Mate On The Same Page Don't You Think?

Read More...

Thursday, September 11, 2008

Blog Tips

Since I Have Been Asked A Few Times About My Expandable Posts I Figure It'll Be Good To Blog It For Easier Access.

http://hackosphere.blogspot.com/2006/11/selective-expandable-posts.html

It's A Great Site For A Newcomer Like Me.

This Is The Fade In.
http://hackosphere.blogspot.com/2007/07/special-effects-for-peekaboo-posts.html


Now I'm Just Trying To Figure Out How To Get All Of My Text Legible. Need A Background Color For The Text.

P.S. Diacanu - Feel Free To Add Me, Permission Not Needed. ;)

Wednesday, September 10, 2008

Chances, Percentages, And Odds, Oh My!

So I'm Blowing Through Some Friendly Blogs And Come Across An Interesting Conversation, For Lack Of A Better Term.

Another tactic is to embrace the "teach the controversy" concept. For example...

The next time somebody springs the old "Tornado/Junkyard/747" argument on you,(or any of the other 'scientific notation' arguments) don't launch into an elaborate defense designed to explain how evolution is not a random process, etc. etc. Talk about the lottery.

Ask them what has the better chance of being a winner, a powerball ticket with the numbers 01, 02, 03, 04, 05, 06 or one with the numbers 23, 19, 32, 40, 08, 11. Most likely they will pick the second ticket, unless of course they know you are a sneaky, atheist bastard, then they might pick the first one. Either way, of course they are wrong. Both tickets have an equal chance of winning...the first one just seems improbable because it has the appearance of design.

If they then ask what that has to do with tornados, junkyards, and 747's, say "nothing". "It just goes to show how poorly the human mind is at dealing intuitively with probabilities. If they are still with you, ask them this...

which has the better chance of winning between these two powerball tickets? 21, 22, 23, 06, 07, 08, or 13, 16, 37, 11, 13, 25. Of course they will be suspecting a trick (as they should), but if they grasped the first part---that any given set of numbers is just as probable as any other given set of numbers---they should answer that they have an equal probability of winning. Unless, of course, they are familiar with how powerball works and noticed that the number '13' is used twice. This breaks the "natural laws" of powerball, in other words it just doesn't work that way. So ticket 2 is an impossibility.

Now you explain how evolution is not a random process but is actually guided a set of "natural laws". Ever so gently, point out that that is why the 747 analogy is flawed. While it might be mathematically correct, it doesn't take into account the rules of the game, so it is flawed from the outset.


I Think It Sums Up The Probability Question Nicely.


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Flip-Flopping And Warmongering

Why Do I Have To Read About This Second Hand? I Don't Have TV, So I Have An Excuse For Having To Hear About This Crap On The Interweb.

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Monday, September 8, 2008

I'm Not Surprised It's Texas

So Basically, Hank Hill's Wife Found A Grape That Has A Rotten Spot On It.


I Think It Looks Like A Vagina.


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Friday, September 5, 2008

Hypocrisy Defends Palin

This Is Great. It's A Shame That I Don't Have TV Right Now, Otherwise I Would Have Seen This Before My Last Post.

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Thursday, September 4, 2008

The Only Qualification She Has Is Between Her Legs!

You Have Got To Be Kidding Me! This Is The Best That McSame Could Come Up With? There Are A Lot Of Good, Decent Republicans Out There Who DO Have The Experience To Lead This Country.

Read More...