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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
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77 comments:
AGREE!
http://online.wsj.com/article/SB119696216000715924.html?mod=hps_us_whats_news
But Greg Swann says George Bush is a great man!
"I have a tremendous admiration for George W. Bush, the President of the United States. My reasons are legion, and the rest of America will have to wait for historians to explain to them just what a great man they have so completely scorned in their well-scored chorus."
Olbermann Calls Bush 'Pathological Liar or Idiot-in-Chief'
On Thursday's Countdown, MSNBC host Keith Olbermann used his latest "Special Comment" to denounce President Bush as a "pathological presidential liar or an idiot-in-chief" for continuing to talk about the potential danger of a nuclear Iran after receiving word in August of the possibility the newest national intelligence report would find that Iran no longer has an active nuclear weapons program, but had suspended such a program in 2003.
Olbermann: "We have either a President who is too dishonest to restrain himself from invoking World War III about Iran at least six weeks after he had to have known that the analogy would be fantastic, irresponsible hyperbole, or we have a President too transcendently stupid not to have asked, at what now appears to have been a series of opportunities to do so, whether the fairy tales he either created or was fed, were still even remotely plausible. The pathological presidential liar, or an idiot-in-chief."
http://newsbusters.org/blogs/brad-wilmouth/2007/12/07/olbermann-calls-bush-pathological-liar-or-idiot-chief
Well yes...up until this point.
He gave HPers the best Christmas Present ever!
A full on lip service bailout plan that is more complex than the homedebtors loans and helps so few people that it just set the crash into warp speed potentially.
That and the MSM stating things about the high % declines for 2008 will change the psychology of the masses.
And they say that RE is "sticky" on the way down. I'll bey that it's not as sticky as one might think.
Price Reductions Anyone?
New and improved Bush! Now hated by the Left and the Right!
Bush's plan for an interest rate freeze get an icy response
n an effort to stanch the nation's subprime loan crisis, the Bush administration announced a controversial plan Thursday to freeze interest rates for certain borrowers for five years.
The plan, which targets only a segment of people faced with the prospect of losing their homes to foreclosure, drew vitriolic criticism from some quarters as a government bailout for irresponsible borrowers, while others complained that it fails to offer enough assistance.
Patrick Killelea, a Silicon Valley computer programmer, runs a popular real estate blog at www.patrick.net that for years has blasted what he sees as the ever-expanding real estate bubble.
These days his audience is incensed by the idea of rescuing irresponsible borrowers and lenders and softening a housing price correction that theoretically could allow some people to gain a toehold in the pricey Bay Area market.
"We're talking about helping people who made bad decisions and asking the government to intervene on their behalf only to let them make more bad decisions later," Killelea said. "What if there was a Vegas bailout? I blew all my money in Vegas, but I should be bailed out?"
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/12/07/MNQCTPRVP.DTL
Those who once fully supported GWB should be made to pay for the mess he created through higher taxes. Those of us who knew what a fraud he was all along should not be forced to suffer for his extremely bad decisions.
Each citizen's share of this debt... $30,177.01
Cost to the average family of the Iraq and Afghan wars, more than $20,000....
Average CEO Pay (2005)$10,982,000...
Average Worker Pay (2005) $41,861...
Home Ownership and the U.S. Economy in ruins. WORTHLESS!!
The W. Legacy....
another huge day for wall st coming up on the jobs report. Wow what a depression with unemployment at 4.7%. It's like 1931 outthere.
Keep stuffing your money under the mattress in your basement rental losers.
Why does anyone listen to Keef Olberman? People he is a sportscaster. Might as well listen to Brittney Spears for political advice.
at least he just made it look like he was doing something rather than the expanded socialist bailout Hillary & Edwards want
Keith,
I have respected you and have religiously read your blog for some time but I take particular offense to you naming this post Idiot referring the President of the United States and in particular "W". Until now you have shown yourself as an intelligent , sharp individual but the fact the you did not name this post Fucking Idiot has proven otherwise.
Basically.
I recommend you forward the pic to Webster's to add as an illustration for the definition of "Idiot"
Idiot? - not really, for the people who the president represents, big oil (seven sisters etc.), military contractors, wall street movers and shakers he’s been fantastic, really top notch – look at earnings of the top couple percent of the population (who own just about everything) are doing swell. So the public says some nasty things about the administration do you think that matters while they count the money? All the wasted taxes dollar goes somewhere, right?
This just is the way it’s set up, from the start: “Sooner or later every republic ends in tyranny” – Ben Franklin What can you do? Be aware, think … this blog is a fantastic example of that. Making fun of the president is sort of counterproductive … it’s as if that’s what we are supposed to do instead of seeing what’s being done to us. In a real sense our make believe two party system is just a barrier between our ‘betters’ and us the unfortunate rabble, who’s lives ‘happen’ to them with no understanding of why.
“We hate the system we are trapped in, but we don’t know who trapped us or how. We don’t even know what our cage looks like because we’ve never seen it from the outside” – Gore Vidal
This Blog is an expression of real ‘American’ style freedom - march on, hold you head high and thanks for the courage! Buddy you’ve got a set of brass ones…
Just shows you oil money can buy the white house.
This guy should not be running a bar let alone the country.He has blown it big time once again.cannot wait till he out of there.
"Those who once fully supported GWB should be made to pay for the mess he created through higher taxes."
as far as I can tell, the American lifestyle supports Bush. If you look at the US per-capita house size, it's much, much bigger than most other places and forces folks like GW to do nasty things to ensure there's energy to power our homes, commuting and shopping pleasures.
the bush-clinton oligarchy is over. web 2.0 has changed everything. the masses have easy access to past voting records, and the expertise of others who can publicly call out the MSM on their mistakes & biases. the politicians who acted out of ignorance or lust for power are through. the politicians who voted for what they knew to be right when no one noticed will now prevail. transparency baby.
Idiot? In addition to ruining the economy, setting up a police state and totally debasing public life, he is a certified war criminal responsible for the deaths of over a million people. Gives new meaning to the words "banality of evil".
December 6, 2007 (LPAC)--Lyndon LaRouche, the only economist who forecast the current financial crash, said today that Paulson's scheme is completely counterproductive; "He has no comprehension of what he's dealing with. His scheme would make things worse, and he should abandon it, it's dying anyway. {Don't let them sell this crap.} Put the SIVs into bankruptcy," LaRouche said. "Establish an SIV quarantine."
>> Those who once fully supported GWB should be made to pay for the mess he created through higher taxes. Those of us who knew what a fraud he was all along should not be forced to suffer for his extremely bad decisions.
That's gonna be a little difficult, as the voting machines don't work right.
I admire this man. He just can't stop pushing the limits. As soon as you thought he couldn't be worse, he goes deeper in political madness.
Lord George, we'll never forget. We'll forever tell the story of this man under whom the Internets, the WTC, the Afghanistan, the Iraq, and the Financial System turned into ashes.
The prophecy doesn't tell if he will take away the World with him in the last year of his mandate. Let us all pray to god he forgot his nuclear button's password.
MacBeth:
...it is a tale, told by an idiot, full of sound and fury, signifying nothing. [link]
Vote for Hillary or Obama. They have a much better bailout plan for Wall Street and flippers.
I don't know Kieth, I have to think that "douche" is much more appropriate.
Make sure you all read the WSJ article on this thread - just click "idiot"
That's kinda funny.
"Just click idiot"
I want that t-shirt
PARIS, Dec 6 (Reuters) - The OECD advised the central banks of the United States, Japan and the euro zone to leave interest rates on hold for more than a year in a report on Thursday which said more rate cuts by the U.S. Federal Reserve were not needed.
The Organisation for Economic Co-operation and Development forecast slower economic growth in the industrialised world and a sharp slowdown rather than recession in the United States in the short term due to a worsening housing slump.
In a twice-yearly report, it said its new economic forecasts were based on assumptions that U.S. interest rates stay on hold at 4.5 percent until recovery kicks in in 2009, when the Federal Reserve could raise its key rate by 25 basis points in the third quarter.
http://www.reuters.com/article/bondsNews/idUSL0617936220071206
Let's Not Panic and Ruin the World
By BRIAN S. WESBURY
December 7, 2007; Page A17
You can't move these days without bumping into an economic pessimist. "Recession in America looks increasingly likely," said the Economist magazine on Nov. 17. Two days later, in the International Herald Tribune, Nobel Prize winner Paul A. Samuelson brought up the specter of the Great Depression. And then, on Nov. 26, former U.S. Treasury Secretary Larry Summers wrote in the Financial Times that, "the odds now favor a recession that slows growth significantly on a global basis."
The pressure on policy makers to do something is intense. Not only is there a desire to see the government get even more involved in the housing loan market -- witness the Bush administration's plan to freeze starter rates -- there is also tremendous pressure on the Fed to make another large 50 basis-point rate cut in attempt to alleviate credit-market problems.
http://online.wsj.com/article/SB119698613505616485.html?mod=googlenews_wsj
What is it going to take to impeach this tool? Haven't we had enough? This country is totally destroyed.
Hey marketraider,
You're an ass too. Bush is a jackass and anyone who even remotely sticks up for him deserves everything that is coming.
In some cases, people with good credit scores will be excluded.
We're living in strange times. There's no incentive to be honest or to have good credit any longer. This country has become the mirror image of its administration. Sad.
I want the fair tax so I can pay tax on my savings again and buy all my goods in the new underground economy.
Stupid F*cking Idiot Criminal
IMPEACH THIS AS*HOLE NOW!
PUNISH AS APPROPRIATE. NO MERCY.
Replace Senior El Presidente Jorge Bushco with someone smart like say, Larry Yun of the NAR. Yun tells the truth all the time...
Welcome to the Depression of 2008.
Welcome to Hell. Enjoy. YOU deserve it...
Bush is an idiot for other reasons.
Only smart Presidents from now on
No more dumb guys
Pay your tax and shut up. Uncle Sam has written laws that you have broken so he can control your tongue. Be afraid, comply or perish. Now get to work so some fat ass man in power can go to lunch and live the good life.
DO IT NOW SLAVE!
compare to Ron Paul, Bush is an angel
I think today's criticism of the housing gambler bailout plan in all media sources would qualify as a "firestorm"
how's it looking on TV though? Haven't caught anything here.
Hey keith thanks for the dart board...apreciated
He may be mocked more in the future for "The Ownership Society" than for Iraq
Oh come on, Bush is the only US President to STOP a re-count of votes - by using a secret Bush-co corrupted supreme court - because the recount would have shown that Bush lost the election to Gore by apox 38,000 votes in Florida.
But nevertheless, Bush will be left out of the US history books when they publish all the previous US elected Presidents - Thank god!
The rest of his GOP paranoid regime, PNAC, 9-11 criminal secret players and tax money laundring supporters will all be considered dangerious Bush-co gang members -with many who ended up in US prisons, moved away from the USA or commited suicide at the peak downfall era of the Bush/Cheney illegal empire.
Only issue i have with Bush, is that we have not attacked Iran yet.
aside from that he's the greatest american president in all of history.
Letter to Bush:
Dear Mr. president please free the suffering people of Iran,drop as many bombs as it takes, bring them to their knees, may the good people of Iran prevail
He isn't an idiot - I truly think he is a very corrupt criminal that plays dumb. He is a complete scum bag - I wouldn't let him off that easy calling him an idiot...his dumb act is too dumb.
He's killed the GOP for a generation
>> He isn't an idiot - I truly think he is a very corrupt criminal that plays dumb. He is a complete scum bag - I wouldn't let him off that easy calling him an idiot...his dumb act is too dumb.
Exactly. You're a fool if you think all his "missteps" are due to mistakes, miscalculations, incompetence, lack of info, etc.
The ONLY thing that makes sense is that there is, indeed, a conspiracy to bring the USA to its knees, and that our President is just a puppet playing his part.
Please add pictures of Hillary, Obama and Edwards who each say the plan does not do enough and support BIGGER bailouts than BushCo.
because the recount would have shown that Bush lost the election to Gore by apox 38,000 votes in Florida.
Another delusional dailykook idiot. Every major news organization that did a recount came up with a Bush victory. The Dummycrats were outsmarted by butterfly ballots.
I want a bigger bailout so I will vote for the Democrats.
A friend dubbed him "President Gump" a long time ago. The more you think about it, the more fitting that is.
Mortgage Plan Emails: "NO bailouts! Let The Market Place Settle"
Posted By:Diana Olick
Call it what you want: a bailout, a subprime freeze plan, or government intervention. Whatever it is or becomes, a lot of you wrote in with your opinions on the Bush/Paulson mortgage "plan." Most of what you said, to state what may be obvious, was this idea pretty much "stinks." If I had to guess, I'd say the ratio of negative to positive emails was 30 to 1, and that's being conservative.
CNBC video on reaction
http://www.cnbc.com/id/15840232?video=605339308&play=1
Don't you just love the way those "Wall Street Journal" line drawings make Bush (unlike many others depicted) look like he actually possesses a touch of reflective gravitas befitting the leader of a world empire?
Or even a IQ above 80?
Now THAT's artistic license.
What are you morons talking about? this is the best thing Bush has ever done. He's litting the banks and speculators twist in the wind. Would you be happy if he proposed a taxpayer funded bailout for Wall Street like the Democrats want?
Folks, he and his friends have and will accomplish their ultimate goal. We the people don't matter. We never did. Milton Friedman's Chicago School economics are in full play.
Once you understand that, you won't be so surprised by our government's complete disregard for its citizenry. Beware of any political leader that pushes for privatization. We're going the way of Pinochet's Chile. Hope you're prepared.
It's high noon and time for a revolution.
a recount...are we STILL talking about THAT?
HAHHAHHHAAAAA
DO NOT be delusional people. Bush has been effective in implenting almost ALL his plans. The man is successful yet he looks like a fool. Rest assured, YOU're the fool! You've been tricked into thinking he's stupid but it looks like YOU ARE because you buy into his foolish looks. Look at all his goals and plans he's been able to implement on YOUR WATCH. You have no will to stop this guy and hence neither does Congress. Btw, most of the politicians are on the IRAQ cash cow. Why would they vote against the war? 4+ trillion dollars down the drain during Bush's term. Did you even get a cent of it???
Where is the fat ugly toad Vice President Halliburton (whoops, scratch Halliburton)Cheney hiding during all this?
Busy moving his money out of dollars?...
When indictments come out, do not forget "shotgun" Dick.
Anonymous said...
He's killed the GOP for a generation.....
December 07, 2007 5:12 PM
-----------------------------------
I was kind of hoping he would kill the GOP for eternity.
He is a total disaster.
I read a great article in Vanity Fair in 2000, called the Accidental President. It chronicled Bush's life. One point of the article was that Bush would have made a great Commissioner of baseball (his passion and obsession in life - baseball), but in business and politics, he always was a complete loser. He ruined anything he touched, but his family name/influence kept him in the game.
No doubt, he will go down as one of the worst presidents in US history.
I love you dailylos/ron paul/dennis kucinich freaks call Bush and idiot then turn around and say he is the mastermind behind 9.11. And the mastermind behind killing the dollar so that Mexico and the USA can be joined as 1.
Liberalism is a mental disease and you boys got it bad.
Anonymous said...
Anonymous said...
He's killed the GOP for a generation.....
December 07, 2007 5:12 PM
-----------------------------------
I was kind of hoping he would kill the GOP for eternity.
One-party totalitarian rule is the preferred method of the lieberals. Too bad your man Chavez lost his bid to become dictator for life. You still have your hero Fido down in the workers paradise of Cuba. Get on all fours and worship him
a recount...are we STILL talking about THAT?
HAHHAHHHAAAAA
Yes, the retarded crybabies still want a recount cuz we wuz robbed
I have orders to follow ! I rather be an idiot than end up dead, shot in the head, like Kennedy. You think it's easy for me to make YOU THINK that I'm an idiot, so you wont dig further on the consequences of my acts / decisions I had to do it ? I'm just the front-man, the puppet with string attached, an actor . You have no ideea how big these guys are (behind the curtain). You dont like all of these... I dont care. DEAL WITH IT ! Any future or past president is the same . An actor - not an idiot.
GWB
Impeach Dick Cheney and George W. Bush, a NONpartisan Defense of the Constitution of the UNITED STATES!
http://yaliesforimpeachment.org/action.html
Anonymous said...
>>The W. Legacy....
December 07, 2007 1:48 PM
**********WOW***********
Here is another good one for you:
http://impeachforpeace.org/index.php
Anonymous said...
>>Why does anyone listen to Keef Olberman? People he is a sportscaster. Might as well listen to Brittney Spears for political advice.
December 07, 2007 2:11 PM
BTW, I have my OWN thoughts on this subject. It just so happens that when I HEAR someone else ECHO my own thoughts, I instantly feel a sense of shared consciousness!
I am NOT a follower or sheeple. GET IT! So frankly, I don't give a damn if Olbermann was a former sportscaster.
Anonymous said...
>>A friend dubbed him "President Gump" a long time ago. The more you think about it, the more fitting that is.
December 07, 2007 6:09 PM
No don't insult the Forest Gump name... he was kind-hearted and naive. GWB is very calculated indeed!
Anonymous said...
>>Liberalism is a mental disease and you boys got it bad.
December 07, 2007 8:30 PM
Dude, can you HONESTLY say that GWB has done a fantastic job these past 7 years???!!!
Can you STOP for one moment being so damn loyal and look at our situation OBJECTIVELY!!!
Anonymous said...
>>Get on all fours and worship him
December 07, 2007 9:19 PM
Isn't that EXACTLY what you are doing right now defending GWB?!?!
Anonymous said...
>>An actor - not an idiot.
GWB
December 07, 2007 11:06 PM
Well then Sir, you are a horrible actor! At least Ronald Reagan who was in fact a REAL actor was FAR better playing the role of PRESIDENT than you will ever be!!!
Hey marketraider,
You're an ass too. Bush is a jackass and anyone who even remotely sticks up for him deserves everything that is coming.
December 07, 2007 3:34 PM
^^^^^^^^^^^
LOL!!! Dude, REREAD HIS POST.
As for the question of this post...I will never call the president of the United States an "idiot". I may not like him or his policies (I did not vote for him either time), but we need to be civil here.
Frankly, I think that idiots who still defend Bush/Cheney should be shot or kicked out of the country. Better yet, go be brave in Iraq. We can bring the troops homes and replace them with these inbred retards..no big loss to humanity.
KO's special comment, now on Youtube:
http://www.youtube.com/watch?v=MeXb1oS3OUw
I'll agree that Bush is an idiot. However, I don't think that discussions regarding the housing bubble are helped by thinking that the GOP will screw America and the Democrats won't. For the record, I'm beginning to think that Bush and the criticism around him are a sign of the times. The issues we are facing today have, quite frankly, been around for a VERY long time.
Look at the political problems of today. Here's some of them that are tossed around:
"Bush was illegally elected
"The US government is run by Wall street
"We're being pulled into the NAU"
"America started an illegal war in Iraq
There's many others I might have missed. Anyways, cronyism is nothing new in the USA. Ever since we wrote the Constitution there's been cronyism and self-serving politics all the way from the federal level down to the local school district. Go ahead and look at the political shenanigans in the 1800s for example.
What about our non-stop economic problems?
"Americans have no savings (hardly ever)
"We have too much government debt/credit card debt/etc..
"Jobs are being sent to China
"Our taxes are too high
"Congress is crushing the middle class
Or, how about the other frivilous issues we face?
"Gay marriage is evil/good
"Illegals are taking over the USA
"We're running out of oil
"Corporations are making crappy products
"Fast food is junk food
Like the political problems earlier, these issues have been a problem almost since day one. The people of 200 years ago would screw each other over on business deals just like today. Yes, we had all sorts of financial problems in 1807 just like today. People back then were complaining about taxes and Congress and all sorts of stupid money problems...just like today. Bush isn't screwing over America, this IS America. I'm not saying that because I want to call names, I say this because we need to stop what we've been doing all along. The real issue is not whether to impeach Bush or not; you can impeach him and Cheney and the whole Congress but that will not solve the problem. The real issue is our own personal freedom. DO we want to elect in new officials and have them screw everything up like now? Is our entire system maybe the problem? I think so.
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