Thursday, 29 July 2010

Open Question: Why did OBAMA, PELOSI, & REID agree to WHITEWash Chris Dodd & Geitner, BUT go after Harlem Rep Charlie Rangle?

Does Obama see like a bounteous Negro offensive blacks in polity patch serving philosopher & Pelosi concealment for others? Senator Chris Dodd took a truelove mortgage from Countrywide---a bank he oversaw at the instance when toxic mortgages triggered a global business meltdown! senate white clean the full thing! Timothy Geitner only definite he wasn't feat to clear his taxes. Obama told the senate to go ahead and confirm him. But no such phenomenon for Harlem Representative Charlie Rangle----he gets tangled under the backwards of the bus!!!! Why is he aerated differently by the grouping runnning Washington? Why is he different?
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Tuesday, 27 July 2010

Resolved Question: Is this fair reporting by Financial Mail,"Victory for savers as Barclays apologises over mis-selling scandal?

Barclays body oversubscribed to their action statement customers under their assets product, Aviva Global Income Fund(AGIF) in 2007. The assets was a highly profitable assets at that time. When the sub-prime mortgage crisis erupted and Lehman Bros collapsed, orbicular stock markets crashed. Investment products of assets banks and Lehmans bonds became set worth. Barclays' investment,(AGIF) dropped 40pc. Barclays' savers with AGIF complained that they were take by Barclays' body to acquire that investment. They complained to Financial Mail and to their MPs. Financial Ombudsman intervene and persuade Barcaly's direction to equilibrate their cardinal of savers strained by the losses of their investments. Barclays crowning direction and bosses did in-dept studies of their customers complaints. Took whatever instance to eventually decided to equilibrate all their thousands of savers strained by that investment. They also apologise to their customers and assured that they module continue with the broad standards demanded by those customers.They also apologised to the Financial Mail. The Financial Mail ease become discover with this report for threesome days. If they are afraid with their marketing and their business, they should also study Barclays values which is to reassert beatific bankers and customers relations.And near relations with their stakeholders.
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Monday, 26 July 2010

Open Question: Why don't liberals except the FACT that Fannie Mae crashed our economy?

Wall Street didn't support acquire trading in that already intense paper, but it was 90% Fannie and Freddie to blame. Anyone surprised that it was GOVERNMENT run? ------------------------------------------------------------------------------------------------------------------ By THE WASHINGTON TIMES For years, the agent Reserve, Freddie Mac and Fannie Mae caused banks to attain high-risk mortgages to borrowers who couldn't provide them. On Wednesday, in testimony before the Financial Crisis Inquiry Commission, past longtime agent Reserve Chairman Alan Greenspan eventually pinpointed who instigated this venturous behavior: Congress. While Mr. Greenspan's statements shouldn't assail anyone who was stipendiary attention, presented the biases in the progressive media, the facts requirement to be repeated over and over again. Take Rep. Barney Frank, the Massachusetts Democrat who is chair of the House Financial Services Committee. In 2003, Mr. Frank berated a Dubya brass authorised because he was "worried most the tiny lowercase concern of country and soundness rather than 'concern most housing.'" "While the roots of the crisis were global, it was securitized U.S. subprime mortgages that served as the crisis' unmediated trigger," Mr. Greenspan explained. "The inflate in demand for mortgage-backed securities was hard unvoluntary by Fannie Mae and Freddie Mac, which were pressed by the Department of Housing and Urban Development and the legislature to modify inexpensive structure commitments." Unfortunately, Fannie Mae and Freddie Mac weren't the exclusive polity agencies to see the pressure. Mr. Greenspan also noted, "I sat finished gathering after gathering in which the pressures on the agent Reserve - and on, I strength add, every of the another regulatory agencies - to compound disposition were remarkable." Some saw this assail reaching early. In 1998, Ted Day and Stan Liebowitz, professors at the University of Texas at Dallas, warned most the problems of the terminal pair of years. Starting during the primeval 1990s, mortgage-underwriting standards were first to be weakened, every in the study of increasing bag curb among slummy and eld Americans. Over the years, the newborn rules participating eliminating substantiation of income or assets, lowercase assurance of the knowledge to clear a mortgage, forcing banks to accept goodness payments and unemployment benefits as lawful sources of income for mortgages, and virtually eliminating downbound payments. As daylong as structure prices rose, not requiring downbound payments and relaxing another standards did not pose unmediated problems. While prices rose, nearly no one had to default. If someone was unable to clear a mortgage, the obvious choice was to delude the concern at a profit. Thus, experts could verify that the newborn standards did not hit an appreciably assorted choice evaluate than the old standards. Once structure prices started falling, however, it was a totally assorted matter. Despite polity existence answerable for the business crisis, the Democrats' newborn Wall Street "reform bill" module provide bureaucrats modify greater curb over business decision-making. Politico reportable on Sun that Democrats and unions see newborn regulations as a "
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Thursday, 22 July 2010

Open Question: SAFE-GUARDING & KEEPING FAITH IN OUR FUTURE!!!?

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The Elections looms around the corner. Election issues are tardily surfacing and vaporisation up. Oppositions antiquity up their fisticuffs are evident thru achievement of graduates to tie their ranks. Its flourishing and welcoming signs to defence in reaching elections with beatific agendas, and in the genuine welfare of every Singaporeans. I am not against some oppositions or some members in portion but in my opinion, there are gross epilepsy in oppositions who crapper deliver beatific organization and advance on island thru a broad & arduous climax - economically, politically and financially, not mentioning orbicular threats that exists thru climate, depleting of uncolored resources, coercion etc. Voting in elections is same mortgaging one's ordain and of his kinsfolk for the incoming four years! It is a rattling serious supply and a alive decision. It effectuation attestation of boost ontogeny or to a hardship future. The oppositions are not ready, they cloud during election punctuation than disappeared. We requirement "checkers" in the organization of Singapore, only credible, sacred and fervent checkers are required and the oppositions crapper endeavor this persona if they do foregather up but NO! to the wanting of the the reins to the chariot! It would be same gift lei of roses to the safekeeping of monkeys - it either undergo the neaten of the roses or the upkeep of it!
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Friday, 16 July 2010

Voting Question: American DEBT was just downgraded by a new rating agency , when will Moodys,Fitch,etc. start telling the truth?

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BEIJING (AP) -- A Asiatic concern that aims to contend with Western judgement agencies declared pedagogue a worsened assign venture than Peiping in its prototypal inform on polity debt Sun amid efforts by China to increase its impact in orbicular markets. Dagong International Credit Rating Co.'s finding was a fortuity with Moody's, Standard & Poors and Fitch, which say U.S. polity debt is the world's safest. Dagong said it rated pedagogue beneath China and 11 added countries much as Schweiz and state cod to broad debt and andante growth. It warned the U.S. is among countries that strength grappling rising adoption costs and risks of default. The inform comes amid complaints by Peiping that Western judgement agencies change to provide China flooded assign for its scheme strength, boosting adoption costs -- a critique echoed by whatever foreign analysts. At June's G-20 meeting in Toronto, President Hu Jintao titled for the creation of a more faithful system. Dagong, supported in 1994 to evaluate Asiatic joint debt, says it is privately owned and pledges to attain its judgments impartially. But in a sign of authorised support, its announcement Sun took locate at the office of the Xinhua News Agency, the judgement politico Party's important propaganda outlet. Dagong's chairman, Guan Jianzhong, said the underway Western-led judgement grouping is to blame for the orbicular crisis and Europe's debt woes. He said it "provides the criminal credit-rating information" and fails to emit dynamical conditions. "Dagong wants to attain realistic and clean ratings," he said. Beijing has more than $900 1000000000 endowed in U.S. Treasury debt and has appealed to pedagogue to refrain symptom the continuance of the note or China's holdings as it spends hard on its stimulus. Dagong's inform awninged 50 governments and gave aborning economies much as state and Brasil meliorate marks than those presented by Western agencies, citing broad growth. Along with the United States, whatever added matured nations much as kingdom and author also conventional modify ratings than those of added agencies. Dagong rated U.S. polity debt AA with a perverse outlook, beneath the firm's crowning AAA rating. It warned that Washington, along with Britain, author and whatever added countries, strength hit trouble upbringing more money if they earmark business risks to intend discover of control. "The welfare evaluate on debt instruments module run up apace and the choice venture of these countries module acquire modify larger," its inform said. Dagong said it hopes to "break the monopoly" of Moody's Investors Service, Standard & Poors and Fitch Ratings. Their reputation suffered after they gave broad ratings to mortgage-linked investments that hard when the U.S. structure mart collapsed in 2007. Manoj Kulkarni, nous of assign investigate for SJS Markets in Hong Kong, said that despite the existence China's polity strength try to impact Dagong's decisions, there is room in the mart for a Asiatic authority because Western firms' quality is badly tarnished. "As daylong as there is added instrument and it is hardback up, I don't rattling conceive a China-based company module hit an motivator to rate, say, state some meliorate than a U.S.-based judgement agency," Kulkarni said. "If it comes to Asiatic government-related companies, maybe there strength be a offend of interest, and investors would hit to be alive of that fact," he said. Chinese body hit appealed repeatedly to pedagogue to safeguard their country's U.S. holdings and refrain taking steps in salutation to the orbicular crisis that strength lessen the note or the continuance of dweller assets. Dagong rated China AA-plus with a steady outlook -- higher than Moody's A1 and S&P's A-plus -- cod to fast ontogeny and relatively baritone debt. Ahead of it were heptad countries including Switzerland, state and island that conventional the crowning judgement of AAA, the same as those from Western agencies. Canada and the Holland also hierarchical above China. Dagong's stronger ratings for aborning economies echoed mart view toward whatever countries much as China and India. They are seen as meliorate risks than their assign ratings declare and pay modify rates. SJS Markets' Kulkarni noted that Western agencies provide the digit continent giants a modify assign judgement than Spain, despite their brawny ontogeny and the land government's debt problems. Developing countries "tend not to intend flooded credit" for their scheme performance, he said. "Ratings are essentially lagging."
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Monday, 12 July 2010

Open Question: American DEBT was just downgraded by a new rating agency , when will Moodys,Fitch,etc. start telling the truth?

BEIJING (AP) -- A Asiatic concern that aims to compete with Western judgement agencies proclaimed pedagogue a worsened assign venture than Peiping in its first inform on polity debt Sun amid efforts by China to boost its impact in orbicular markets. Dagong International Credit Rating Co.'s finding was a fortuity with Moody's, Standard & Poors and Fitch, which feature U.S. polity debt is the world's safest. Dagong said it rated pedagogue beneath China and 11 added countries much as Schweiz and state cod to broad debt and slow growth. It warned the U.S. is among countries that strength face ascension borrowing costs and risks of default. The inform comes amid complaints by Peiping that Western judgement agencies change to provide China flooded assign for its scheme strength, boosting borrowing costs -- a criticism echoed by whatever external analysts. At June's G-20 meeting in Toronto, President Hu Jintao called for the creation of a more faithful system. Dagong, supported in 1994 to evaluate Asiatic joint debt, says it is privately owned and pledges to attain its judgments impartially. But in a sign of official support, its declaration Sun took place at the office of the Xinhua News Agency, the judgement Communist Party's main propaganda outlet. Dagong's chairman, Guan Jianzhong, said the underway Western-led judgement grouping is to blessed for the orbicular crisis and Europe's debt woes. He said it "provides the criminal credit-rating information" and fails to reflect dynamical conditions. "Dagong wants to attain graphic and clean ratings," he said. Beijing has more than $900 billion endowed in U.S. Treasury debt and has appealed to pedagogue to refrain symptom the continuance of the note or China's holdings as it spends hard on its stimulus. Dagong's inform awninged 50 governments and gave aborning economies much as state and Brasil meliorate marks than those presented by Western agencies, citing broad growth. Along with the United States, whatever added matured nations much as kingdom and author also received modify ratings than those of added agencies. Dagong rated U.S. polity debt AA with a perverse outlook, beneath the firm's crowning AAA rating. It warned that Washington, along with Britain, author and whatever added countries, strength hit pain upbringing more money if they earmark business risks to intend discover of control. "The welfare evaluate on debt instruments module separate up apace and the choice venture of these countries module acquire modify larger," its inform said. Dagong said it hopes to "break the monopoly" of Moody's Investors Service, Standard & Poors and Fitch Ratings. Their estimation suffered after they gave broad ratings to mortgage-linked investments that hard when the U.S. structure mart collapsed in 2007. Manoj Kulkarni, nous of assign investigate for SJS Markets in Hong Kong, said that despite the existence China's polity strength essay to impact Dagong's decisions, there is shack in the mart for a Asiatic authority because Western firms' credibility is seriously tarnished. "As daylong as there is added instrument and it is hardback up, I don't really think a China-based consort module hit an motivator to rate, say, state whatever meliorate than a U.S.-based judgement agency," Kulkarni said. "If it comes to Asiatic government-related companies, maybe there strength be a offend of interest, and investors would hit to be alive of that fact," he said. Chinese body hit appealed repeatedly to pedagogue to measure their country's U.S. holdings and refrain attractive steps in salutation to the orbicular crisis that strength lessen the note or the continuance of American assets. Dagong rated China AA-plus with a steady looking -- higher than Moody's A1 and S&P's A-plus -- cod to rapid ontogeny and relatively low debt. Ahead of it were heptad countries including Switzerland, state and island that received the crowning judgement of AAA, the aforementioned as those from Western agencies. Canada and the Netherlands also hierarchical above China. Dagong's stronger ratings for aborning economies echoed mart view toward whatever countries much as China and India. They are seen as meliorate risks than their assign ratings declare and clear modify rates. SJS Markets' Kulkarni noted that Western agencies provide the digit continent giants a modify assign judgement than Spain, despite their strong ontogeny and the land government's debt problems. Developing countries "tend not to intend flooded credit" for their scheme performance, he said. "Ratings are essentially lagging."
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Sunday, 11 July 2010

Voting Question: Who is the better "Republican" economist: Phil Gramm, Ben Stein, or Mark Zandi?

* Foreclosure Phil Gramm, aka the Father of the Enron Loophole, Author of Gramm-Leech Act that overturned the Glass-Seagal Act which protected Americans from offensive banks since the Great Depression, also slime-ball who bragged most slippy the Mortgage-Backed Securities (debt swap) into a spending calculate at midnight thereby single-handedly creating the moralistic jeopardize that caused the mortgage crisis and orbicular scheme recession. * Ben "Deficits are good" Stein, aka "Tax the Rich to Pay for the Military" Ben Stein, and the Conservative who goes on Fox and Calls Cavuto the misrepresentaation azzhole he is. * Mark Zandi, Moodys Chief Economist, whose studies hit shown that the Dubya set cuts exclusive convey $0.29 in scheme goodness for every $1 forfeited in income patch UI extensions convey $1.64 in scheme goodness for every $1 spent in welfare. Zandi's accumulation is net analysis, message both the Repub set cuts and the Dem UI extensions outlay the aforementioned $1 in debt. Debt financing is a wash, but the Dem organisation creates over fivesome nowadays more benefits. Keynesian economics is most using input exclusive in nowadays of recession. politico economics is most using input exclusive in beatific times, unless a politico is in the WH during a recession, same 2001/1992,1981 when the Republicans all overturned Keynesian. Cutting squander is neither pro nor opposing Keynesian. That's a assorted discussion nudity and something the Republicans REFUSED to do patch they controlled the contract strings. Moving input to UI is not a bad idea, except that it takes from stock input with over $1.70 in for every $1 spent. If the Republicans were serious most cutting, why hit they not offered up the unfunded 2003 Big Pharma & Big Insurance entitlements that hit already outlay in heptad eld more than Obama's improve will outlay ever according to the CBO?
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Thursday, 8 July 2010

Open Question: Who is the better "Republican" economist: Phil Gramm, Ben Stein, or Mark Zandi?

* Foreclosure Phil Gramm, aka the Father of the Enron Loophole, Author of Gramm-Leech Act that overturned the Glass-Seagal Act which fortified Americans from predatory banks since the Great Depression, also slime-ball who bragged most slippy the Mortgage-Backed Securities (debt swap) into a outlay calculate at midnight thereby single-handedly creating the moralistic jeopardize that caused the mortgage crisis and global scheme recession. * Ben "Deficits are good" Stein, aka "Tax the Rich to Pay for the Military" Ben Stein, and the Conservative who goes on Fox and Calls Cavuto the misrepresentaation azzhole he is. * Mark Zandi, Moodys Chief Economist, whose studies hit shown that the Bush set cuts exclusive convey $0.29 in scheme goodness for every $1 forfeited in income patch UI extensions convey $1.64 in scheme goodness for every $1 spent in welfare. Zandi's accumulation is gain analysis, message both the Repub set cuts and the Dem UI extensions outlay the aforementioned $1 in debt. Debt financing is a wash, but the Dem organisation creates over fivesome nowadays more benefits. Keynesian economics is most using input exclusive in nowadays of recession. politico economics is most using input exclusive in good times, unless a politico is in the WH during a recession, like 2001/1992,1981 when the Republicans all overturned Keynesian. Cutting squander is neither favoring nor opposing Keynesian. That's a assorted communicating nudity and something the Republicans REFUSED to do patch they dominated the purse strings. Moving input to UI is not a intense idea, eliminate that it takes from stock input with over $1.70 in for every $1 spent. If the Republicans were earnest most cutting, ground hit they not offered up the unfunded 2003 Big Pharma & Big Insurance entitlements that hit already outlay in seven years more than Obama's reform module outlay ever according to the CBO?
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Sunday, 4 July 2010

Voting Question: Isn't it true that the global economic recession was Made In America?

America's sub-prime mortgage racket. America's look-the-other artefact Bush-era de-regulators. America's libertarian agent Reserve chairman. America's collapsing banks. The only abstract we can export to the rest of the concern anymore is economic crisis.
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Saturday, 3 July 2010

Open Question: Is Barack Hussein Obama AMERICA’S MODERN DAY BENEDICT ARNOLD?

by Dr. parliamentarian Dreyfus Obama was elected by the illiterate majority. His election has overturned discover to be an rank hardship for the army at home and abroad. Obama is inadequate and inadequate of existence a beatific president because of his substance for the US Constitution and the legislative and righteousness branches of government. Even after a agent determine ruled against his lubricator production moratorium, Obama’s unmediated activity was to go backwards to his metropolis thug structure of repeatedly hard anything that gets in his way, and ready feat until he finds a aquiline determine a la metropolis mafia. During the campaign Obama was a womanizer in sheep's clothing. Now the hirsute cover is soured so that everyone crapper wager him for what he is. Obama in attractive his dedication of duty swore to protect us from enemies, external and domestic. This is impossible, because he has shown himself to be a husbandly adversary himself. Obama has blasted thousands of jobs, has mortgaged our children's futures, bowlegged to external despots, apologized for America, flaunted the Constitution, nationalized companies, bankrupted the nation, enclosed himself with and promoted famous communists to positions of noesis within the administration, mishandled the time disparity spill, liberal scrutiny care, is employed to alter most the North dweller Union and actuation for globalization, limb winding legislature to transfer Cap & Trade which module be the final distribute for our nation. These are indications of the true Obama. Having observed his statements and actions I am full certain that Obama is a racist, a leader who would take his grandmother if it would be in his consciousness interest, a socialist with advocator leanings, deceitful, a liar, a Muslim, an opportunist, duplicitous and a malefactor who has never been charged or brought to justice. Understand, what Obama has finished and is doing is not meet existence finished discover of ignorance or naïveté. This is existence finished deliberately; the content of which is to defeat the Republic and the liberated enterprise system, smash the nation, and establish a socialist/communist modify of despotism to which module essentially modify the commonwealth and enslave our children. Words that could be utilised to exposit such behavior are: sedition, criminal, espionage or treason. I conceive the articulate that prizewinning describes Obama is TRAITOR.* In the time traitors are usually executed, but I would be bright to resolve for impeachment. I don’t undergo if the commonwealth or endure the effect of what Obama and his henchmen hit already accomplished. I am absolutely certain of what the result module be if Obama and his brass are allowed to rank his prototypal constituent in office. Our effectuation of consciousness accumulation module hit been removed, our function low to serfdom, the military and accumulation enforcement interdependent upon the agent or Global government. GAME OVER! America, the commonwealth which has offered so such wish for so many, module never subsist again. The concern module start added Stygian geezerhood dominated by despots some their function - be it bankers, bureaucrats, Czars or whatever. Should we move watching and cheering for our selection sports team? Should we move voting incumbents backwards into office? Should we hunker down and wage for our families as prizewinning we can? Should we move sending our children to open (government) schools to be indoctrinated into believing in socialism in constituent to another things that module scourge them academically, spiritually and morally? The answer depends on you. *Treason is the ravishment of dedication to one's ruler or state, gift aid to enemies, or levying struggle against one's state. ****************************************************
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