The height of the MFing hypocrisy!

http://news.yahoo.com/s/ap/20090622/ap_on_bi_ge/us_obama_tobacco;_ylt=Ao_oIr4P5vC86q3BRBC.3giyBhIF;_ylu=X3oDMTJoMmZma2ZpBGFzc2V0A2FwLzIwMDkwNjIyL3VzX29iYW1hX3RvYmFjY28EY3BvcwMyBHBvcwM2BHNlYwN5bl90b3Bfc3RvcnkEc2xrA29iYW1hc2lnbnNhbg--

Does this have any parallels to you, me, debt, and everything in this fuct country?

the American Car Industry

Whoopee!!! We as taxpayers own a couple lemonmakers:

http://autos.yahoo.com/articles/autos_content_landing_pages/1006/used-car-lemons-and-lemonade/;_ylc=X3oDMTE3N2Y4YmM3BF9TAzI3MTYxNDkEc2VjA2ZwLXRvZGF5BHNsawN1c2VkLWxlbW9ucw--

The (mis)perceived safety of the dollar

In http://seekingalpha.com/article/144149-five-points-to-eliminate-confusion-about-the-u-s-macroeconomy, when this mother of all bank runs occurs, then what? What are the impacts? Inevitable decrease in the American standard of living? an end to this sense of entitlement we've had for decades?

Might as well quit

between this: http://economix.blogs.nytimes.com/2009/06/18/yes-many-states-are-expanding-unemployment-benefits/?hp

and my tax rate=40%

WTF do I get out of bed in the morning? I could get fired and go on unemployment for the next 59 fucking weeks!

Tell Additional Ridiculous Propaganda

TARP finaly got paid back today, by all those banks that didn't need it in the first place. Or at least now that the market has rebounded 40%, and they plowed that $70 billion in at 10-1 and pulled back the funds. Where's the other $500 some odd billion, well I guess we gotta get the market to rally another 20% or so before we see a cent of that. Will BAC, WFC, and C fail if the real estate market doesn't bottom yesterday. Only time will tell. if this is any sign (http://www.bubbleinfo.com/) residential still has a ways to go, and CMBS delinquincies hit all time highs today, so.........

OVEREXPOSURE?!?!?!??!?LOL

http://news.yahoo.com/s/ynews/ynews_en398

REVOLUTION.

if this isn't illegal

https://www.efanniemae.com/sf/servicing/homesaveradvance.jsp

how does this not circumvent my rights as a tax-paying, non real estate owner in the USA. They are giving away $15K, unsecured, for 15 years, at 5%. WTF. This shit goes way to far. I've had it. SWGO, pls

In preventing failure are they ensuring success?

http://blogs.wsj.com/deals/2009/05/11/mean-street-stress-testing-obamas-facts/
not really, all the machinations are for their own self interest groups and lobbyists who paid to put them in office. In all acutality, Obama is unlikely to fulfill all/any of his campaign promises.

only way outta this massive debtload is through growth, just ask Obama. Where the growth gonna come from? Well reinflation to some degree, or one hell of a massive war....
http://news.bbc.co.uk/2/hi/asia-pacific/8104709.stm

this had to be Bush, Paulson, and Cheney...

http://ftalphaville.ft.com/blog/2009/06/12/56978/quantitative-stealing/

right?

ARMegeddon

http://optionarmageddon.ml-implode.com/2009/06/11/fed-data-de-leveraging-has-only-begun/

Obamageddon 2011 indeed.

Walter E. Massey

http://en.wikipedia.org/wiki/Walter_E._Massey

OK, let me be the first to admit that I have no clue what goes on at a BAC board meeting. Suffice to say it's probably 8 of 10 times a huge unproductive, bureaucratic mess. In any case, what in the world qualifies the above, recently named to be Chairman? The guy is a physicist, so obviously pretty decent with #'s, but wtf? All this tells me is that the co. is a total disaster, so much so that they had to get a guy at the helm that is completely clueless when it comes to banking. At MCD, all this guy did was put helathy items on the menu, real genius there!

Chrysler + US gov't vs. Taxpayer + US Supreme Court = wtf

It reads pretty simple the Fiat deal steals 20% of Chrysler from you, me, and every other taxpaying American (not to mention the primary lien holders, read: massive pension funds holding the long term debt) satisfies the Obama administration by staving off certain economic calamity and those dreaded labor unions that put him in power, and well generally speaking violates United States bankruptcy code. How do you steal from yourself to pay yourself? Without failures what good is success? The Chrysler scenario as it hilariously plays out in the administration being charged so early in it's infancy with breaking the law by the Supreme Court. Intersting times while General Motors, and infinitely more complicated bankruptcy proceeding awaits int he wings, I cannot help but wonder how close to the precipe we really may be.