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Old 08-05-2009, 05:32 AM
 
12,867 posts, read 14,854,418 times
Reputation: 4459

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Quote:
Originally Posted by atxcio View Post
Heh, yup.. Remember those AIG bailouts and TARP under the last few months of the Bush administration? What percentage of "1 trillion" is 880 or so billion

It's all in the article, despite the inflammatory title... perhaps the OP didn't catch that... but c'mon, it's CBS news! OP should know better.
those bailouts were sponsored by democrats! why do democrats keep forgetting that?

bush never met a spending bill he didn't like and neither does obama. that is why cash for clunkers will be reaffirmed even though the top 4 of the top 5 clunker sales were to foreign companies. american taxpayer money going to foreign companies again! both bush and obama sign IMF bills. both bush and obama sign separate war appropriation bills. both bush and obama make deals for foreign contractors in iraq, only obama uses a chicago company instead of blackrock. both bush and obama sign billion dollar plus vaccine pharmacy deals.

and there is this (another issue):
Meet BlackRock, The Obama Administration’s New Business Partner
How much do you know about the BlackRock hedge fund? Better bone up fast, now that the folks at BlackRock are calling the shots in the government’s trillion-dollar bailout program. As both The New York Times and The Wall Street journal reported on Tuesday, BlackRock execs are now directing key elements of the government program at a time when they stand to reap great profits from the fallout of a problem they helped create.

The U.S. picked BlackRock to manage the assets once controlled by AIG and Bear Stearns and to analyze the assets of Freddie Mac and Morgan Stanley. And as if that were not enough on its plate, the Treasury Department has just selected BlackRock to be one of the few firms trusted with using U.S. taxpayer dollars to buy toxic assets from the banks and then resell them in a process that presents enormous conflicts of interest with other BlackRock operations.

Bank of America, with a 47% ownership position in BlackRock, is also the owner of what was once Countrywide Financial, which led the pack in selling bad mortgages. The disposition of those failed properties under BlackRock’s tutelage will have much to do with BofA’s future profitability. As if that were not enough financial incest, the former president and other top executives of Countrywide now run a company created by BlackRock, which is profiting mightily by snapping up the sort of distressed loans that they originally had marketed.

Last edited by floridasandy; 08-05-2009 at 06:26 AM..
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Old 08-05-2009, 05:39 AM
 
12,867 posts, read 14,854,418 times
Reputation: 4459
we have this as well:
you'd think that with a new sheriff like Barack Obama in town, such practices would be on the "Things Not to Do" list. Not so.

According to new Pentagon statistics, in the second quarter of this year there has been a 23 percent increase in the number of private security contractors working for the Pentagon in Iraq, and a 29 percent hike in Afghanistan. In fact, outside contractors now make up approximately half of our forces fighting in the two countries. "This means," according to Jeremy Scahill, author of the book "Blackwater: The Rise of the World's Most Powerful Mercenary Army," "there are a whopping 242,647 contractors working on these two US wars."

Scahill, who runs an excellent new website called Rebel Reports, spoke with my colleague Bill Moyers on the current edition of Bill Moyers Journal on PBS. "What we have seen happen, as a result of this incredible reliance on private military contractors, is that the United States has created a new system for waging war," he said. By hiring foreign nationals as mercenaries "You turn the entire world into your recruiting ground. You intricately link corporate profits to an escalation of warfare and make it profitable for companies to participate in your wars.

new guard, same as the old guard. this guard just has more media cooperation!
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Old 08-05-2009, 05:39 AM
 
35,016 posts, read 39,016,593 times
Reputation: 6194
Quote:
Originally Posted by floridasandy View Post
those bailouts were sponsored by democrats! why do democrats keep forgetting that?

bush never met a spending bill he didn't like and neither does obama. that is why cash for clunkers will be reaffirmed even though the top 4 of the top 5 clunker sales were to foreign companies. american taxpayer money going to foreign companies again! both bush and obama sign IMF bills. both bush and obama sign separate war appropriation bills. both bush and obama make deals for foreign contractors in iraq, only obama uses a chicago company instead of blackrock. both bush and obama sign billion dollar plus vaccine pharmacy deals.
the top selling car in Cash for Clunkers was the Ford Focus, "and the top three -- including the Honda Civic and Toyota Corolla -- were compacts. The list also includes three vehicles that are available as hybrids. One, the Ford Escape, is a small crossover SUV also available as a hybrid. 'It's crazy, but we're seeing trucks -- full-size pick-up trucks -- traded in for compact cars,' said Mike Jackson, chief executive of AutoNation, the country's largest auto dealer chain, in interview late last week." - Cash for Clunkers cars: Small wins big - CNN.com

Did Obama invade another country, or is he trying to get us out?

war appropriation bills, would you rather Obama DIDNT sign them?

By "Blackrock" do you mean "Blackwater"? Would you RATHER he have kept Blackwater on?!

"vaccine pharmacy deals" are going to cost in the billions. That's just the facts of life. How much would you like to pay the drug companies for your kids' vaccines?
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Old 08-05-2009, 05:46 AM
 
12,867 posts, read 14,854,418 times
Reputation: 4459
Quote:
Originally Posted by atxcio View Post
Heh, yup.. Remember those AIG bailouts and TARP under the last few months of the Bush administration? What percentage of "1 trillion" is 880 or so billion

It's all in the article, despite the inflammatory title... perhaps the OP didn't catch that... but c'mon, it's CBS news! OP should know better.
those bailouts were sponsored by democrats! why do democrats keep forgetting that?

bush never met a spending bill he didn't like and neither does obama. that is why cash for clunkers will be reaffirmed even though the top 4 of the top 5 clunker sales were to foreign companies. american taxpayer money going to foreign companies again! both bush and obama sign IMF bills. both bush and obama sign separate war appropriation bills. both bush and obama make deals for foreign contractors in iraq, only obama uses a chicago company instead of blackrock. both bush and obama sign billion dollar plus vaccine pharmacy deals.

and there is this (another issue):
Meet BlackRock, The Obama Administration’s New Business Partner
How much do you know about the BlackRock hedge fund? Better bone up fast, now that the folks at BlackRock are calling the shots in the government’s trillion-dollar bailout program. As both The New York Times and The Wall Street journal reported on Tuesday, BlackRock execs are now directing key elements of the government program at a time when they stand to reap great profits from the fallout of a problem they helped create.

The U.S. picked BlackRock to manage the assets once controlled by AIG and Bear Stearns and to analyze the assets of Freddie Mac and Morgan Stanley. And as if that were not enough on its plate, the Treasury Department has just selected BlackRock to be one of the few firms trusted with using U.S. taxpayer dollars to buy toxic assets from the banks and then resell them in a process that presents enormous conflicts of interest with other BlackRock operations.

Bank of America, with a 47% ownership position in BlackRock, is also the owner of what was once Countrywide Financial, which led the pack in selling bad mortgages. The disposition of those failed properties under BlackRock’s tutelage will have much to do with BofA’s future profitability. As if that were not enough financial incest, the former president and other top executives of Countrywide now run a company created by BlackRock, which is profiting mightily by snapping up the sort of distressed loans that they originally had marketed.

new guard, same as the old guard.

Last edited by floridasandy; 08-05-2009 at 06:32 AM..
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Old 08-05-2009, 05:49 AM
 
12,867 posts, read 14,854,418 times
Reputation: 4459
how is escalation getting us out?

According to new statistics released by the Pentagon, with Barack Obama as commander in chief, there has been a 23% increase in the number of “Private Security Contractors” working for the Department of Defense in Iraq in the second quarter of 2009 and a 29% increase in Afghanistan, which “correlates to the build up of forces” in the country. In Iraq, the Pentagon attributes the increase to better accounting. But, these numbers relate explicitly to DoD security contractors. Companies like Blackwater and its successor Triple Canopy work on State Department contracts and it is unclear if these contractors are included in the over-all statistics. This means, the number of individual “security” contractors could be quite higher, as could the scope of their expansion.

obama's private security (chicago) company is triple canopy. more information can be found at pro publica or the site i posted above.

Last edited by floridasandy; 08-05-2009 at 05:58 AM..
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Old 08-05-2009, 05:52 AM
 
35,016 posts, read 39,016,593 times
Reputation: 6194
Blackrock is an investment company. #1 was the Ford Focus, not a Japanese car; people are trying to buy American and would buy more if there happened to be decent American cars to buy. That's not the fault of the Japanese. Besides, you like a free market, right? Or suddenly not?

Obama did NOT invade Afghanistan, are you serious?!

I dont know what you mean about the vaccine not properly tested...Baxter. A vaccine not approved by the FDA?

How exactly is any of this corruption? It's just business.
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Old 08-05-2009, 05:54 AM
 
35,016 posts, read 39,016,593 times
Reputation: 6194
Quote:
Originally Posted by floridasandy View Post
According to new statistics released by the Pentagon, with Barack Obama as commander in chief, there has been a 23% increase in the number of “Private Security Contractors” working for the Department of Defense in Iraq in the second quarter of 2009 and a 29% increase in Afghanistan, which “correlates to the build up of forces” in the country. In Iraq, the Pentagon attributes the increase to better accounting. But, these numbers relate explicitly to DoD security contractors. Companies like Blackwater and its successor Triple Canopy work on State Department contracts and it is unclear if these contractors are included in the over-all statistics. This means, the number of individual “security” contractors could be quite higher, as could the scope of their expansion.

obama's private security (chicago) company is triple canopy. more information can be found at pro publica or the site i posted above.
you'd prefer a draft, or not enough soldiers to accomplish the job? If the generals need more soldiers why not give them what they need?
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Old 08-05-2009, 05:57 AM
 
12,867 posts, read 14,854,418 times
Reputation: 4459
Quote:
Originally Posted by delusianne View Post
Blackrock is an investment company. #1 was the Ford Focus, not a Japanese car; people are trying to buy American and would buy more if there happened to be decent American cars to buy. That's not the fault of the Japanese. Besides, you like a free market, right? Or suddenly not?

Obama did NOT invade Afghanistan, are you serious?!

I dont know what you mean about the vaccine not properly tested...Baxter. A vaccine not approved by the FDA?

How exactly is any of this corruption? It's just business.
we don't have a free market! we have a manipulated market.

ALEX CAREY:
... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

Australian social scientist, quoted by Noam Chomsky in World Orders Old and New
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Old 08-05-2009, 06:01 AM
 
35,016 posts, read 39,016,593 times
Reputation: 6194
I meant would you rather competition be limited in some arbitrary way.

Toyota and Honda have plants in the US, thousands of American jobs depend on sales of Toyotas and Hondas.
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Old 08-05-2009, 06:02 AM
 
Location: Norwood, MN
1,828 posts, read 3,775,904 times
Reputation: 907
Quote:
Originally Posted by delusianne View Post
you'd prefer a draft, or not enough soldiers to accomplish the job? If the generals need more soldiers why not give them what they need?
I absolutely think we need a draft. A lot of the spoiled brats in this country could use a dose of reality.
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