dreamdancer 0 #1 November 29, 2011 more welfare for the 1% and their bankers... QuoteA top House Democrat is calling for a hearing with Federal Reserve Chairman Ben Bernanke following a report that the central bank secretly committed more than $7 trillion to save banks during the financial crisis. House Oversight and Government Reform Committee ranking member Elijah Cummings (Md.) sent a letter on Monday to panel Chairman Darrell Issa (R-Calif.) requesting the committee look into how banks "benefitted from trillions of dollars in previously undisclosed government loans provided at below-market rates." “Many Americans are struggling to understand why banks deserve such preferential treatment while millions of homeowners are being denied assistance and are at increasing risk of foreclosure,” Cummings said. The request comes on the heels of a Bloomberg report that said the Fed secretly committed more than $7 trillion as of March 2009 to rescuing the nation’s top financial institutions, and that these banks "reaped an estimated $13 billion of income" on the below-market rates. "Unfortunately, officials from many of these financial institutions declined to comment about these loans, including officials from Goldman Sachs, JPMorgan, Bank of America, Citigroup, and Morgan Stanley," Cummings writes. http://www.commondreams.org/headline/2011/11/28-4stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
verbil 0 #2 November 29, 2011 You live in Thailand, DD. Thailand has a King. How does that sit with your OWS mindset? I'd think it would be a source of great discomfort. Quote Share this post Link to post Share on other sites
dreamdancer 0 #3 November 29, 2011 the 1% have many mouthpieces...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
verbil 0 #4 November 29, 2011 Quotethe 1% have many mouthpieces... You did not answer my question. How do you reconcile your OWS mindset while living in a Country with a King? A King who has criminalized disparaging remarks about himself? I'd think you'd want to flee a Monarchy for a More egalitarian country... I'd say Myanmar or The Democratic Peoples' Republic of Korea, as they are relatively close to Thailand. Quote Share this post Link to post Share on other sites
rushmc 18 #5 November 29, 2011 Quotethe 1% have many mouthpieces... ..and the socialist left have many useful idiots"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
verbil 0 #6 November 30, 2011 QuoteYou live in Thailand, DD. Thailand has a King. How does that sit with your OWS mindset? I'd think it would be a source of great discomfort. STILL waiting on an answer, DD... Quote Share this post Link to post Share on other sites
dreamdancer 0 #7 November 30, 2011 QuoteAs indicated above, the idea of American exceptionalism was always a contested one. But it's hard to deny that the New World in general was seen as a land of opportunity, and the American colonies were the place where the most opportunity was seen for people to actually settle in significant numbers. Yet, the way most people managed to get to this new land of opportunity and freedom was through indentured servitude, and when that failed to provide enough labor, the African slave trade was "Plan B". The land itself came courtesy of the earliest stages of America's centuries-long series of genocidal wars. And when the American Revolution came, it was lead in large part by slaveholder advocates of freedom - men like Washington, Jefferson and Patrick Henry, whose influence only expanded as the new nation was established. Although their primary arguments were grounded in universalist appeals, the actual rights-holding subjects of their political system were a relatively tiny minority of well-to-do white males. The promise of rights-based liberal democracy was intoxicating to all, but forbidden to most. Equality was for gentlemen only. And yet, those excluded would not be denied. Scattered state and local battles coalesced into a national abolitionist movement by the 1830s, which in turn spawned a women's rights movement in the 1840s. http://www.commondreams.org/view/2011/11/29-4stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
Kennedy 0 #8 November 30, 2011 Ignoring the substance of that nonsense, what does it have to do with the Federal Reserve or verbil's question to you?witty subliminal message Guard your honor, let your reputation fall where it will, and outlast the bastards. 1* Quote Share this post Link to post Share on other sites
DougH 270 #9 November 30, 2011 Quotemore welfare for the 1% and their bankers... Do only the 1% have their money in bank deposits, retirement savings in money market accounts and stocks, or pensions that are backed by funds that hold massive amounts of publicly traded stock? The 99% had a lot of skin in the game!"The restraining order says you're only allowed to touch me in freefall" =P Quote Share this post Link to post Share on other sites
verbil 0 #10 November 30, 2011 QuoteQuoteYou live in Thailand, DD. Thailand has a King. How does that sit with your OWS mindset? I'd think it would be a source of great discomfort. STILL waiting on an answer, DD... Still Waiting... Quote Share this post Link to post Share on other sites
dreamdancer 0 #11 November 30, 2011 QuoteThis citizens' uprising is clearly not going away. To the contrary, 76 percent of the people polled by Hart Research support a constitutional amendment to overturn the Supreme Court's edict that corporations can make unlimited secret donations in any and all American elections. The same big majority supports an amendment to make clear that corporations do not have the same rights as people. Congress is sensing these political tremblers — and beginning to move. In the past few weeks, three bills have been introduced in the House and one in the Senate to undo the Supreme Court's damage to our people's democratic rights, including Rep. Jim McGovern's bill (H.J. Res. 88) that specifically rejects the fiction that a corporation is a person. As he puts it, "People govern corporations, not the other way around." http://www.commondreams.org/view/2011/11/30stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
verbil 0 #12 November 30, 2011 QuoteQuoteYou live in Thailand, DD. Thailand has a King. How does that sit with your OWS mindset? I'd think it would be a source of great discomfort. STILL waiting on an answer, DD... You have Not Answered my Question, DD. Are you afraid to show your position to be hypocritical? Or does your King Forbid you from answering? Are you a loyal subject of your King? Quote Share this post Link to post Share on other sites
dreamdancer 0 #13 November 30, 2011 QuoteThe United States, with just 5 percent of the world’s population, currently holds 25 percent of the world's prisoners, and for the last 30 years America’s business entrepreneurs have found a lucrative way to cash in on the incarceration surplus: private for-profit prisons. While the implications of an industry that locks human beings in cages for profit is an old story, there is an important part of the history of private prisons that often goes untold. Just a decade ago, private prisons were a dying industry awash in corruption and mired in lawsuits, particularly Corrections Corporation of America (CCA), the nation's largest private prison operator. Today, these companies are booming once again, yet the lawsuits and scandals continue to pile up. Meanwhile, more and more evidence shows that compared to publicly run prisons, private jails are filthier, more violent, less accountable, and contrary to what privatization advocates peddle as truth, do not save money. In fact, more recent findings suggest that private prisons could be more costly. So why are they still in business? http://www.alternet.org/story/153212/the_shocking_ways_the_corporate_prison_industry_games_the_system/stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
verbil 0 #14 November 30, 2011 QuoteQuoteThe United States, with just 5 percent of the world’s population, currently holds 25 percent of the world's prisoners, and for the last 30 years America’s business entrepreneurs have found a lucrative way to cash in on the incarceration surplus: private for-profit prisons. While the implications of an industry that locks human beings in cages for profit is an old story, there is an important part of the history of private prisons that often goes untold. Just a decade ago, private prisons were a dying industry awash in corruption and mired in lawsuits, particularly Corrections Corporation of America (CCA), the nation's largest private prison operator. Today, these companies are booming once again, yet the lawsuits and scandals continue to pile up. Meanwhile, more and more evidence shows that compared to publicly run prisons, private jails are filthier, more violent, less accountable, and contrary to what privatization advocates peddle as truth, do not save money. In fact, more recent findings suggest that private prisons could be more costly. So why are they still in business? http://www.alternet.org/story/153212/the_shocking_ways_the_corporate_prison_industry_games_the_system/ I see you are forbidden from making comments regarding your KING. You are a loyal, subservient subject of His Majesty King Bhumibol Adulyadej, aren't you? You live to serve His Majesty King Bhumibol Adulyadej, and making him happy is your sole purpose in this life, isn't it? Quote Share this post Link to post Share on other sites
Kennedy 0 #15 November 30, 2011 Ignoring the substance of that second batch of nonsense, what does it have to do with the Federal Reserve or verbil's question to you? Do you have anything to say, or are you just here to spam us all with links and snippets from articles unrelated to each other?witty subliminal message Guard your honor, let your reputation fall where it will, and outlast the bastards. 1* Quote Share this post Link to post Share on other sites
winsor 186 #16 November 30, 2011 QuoteIgnoring the substance of that second batch of nonsense, what does it have to do with the Federal Reserve or verbil's question to you? Do you have anything to say, or are you just here to spam us all with links and snippets from articles unrelated to each other? I have no reason to suspect that you are doing anything but attempting to argue with a spambot. Quote Share this post Link to post Share on other sites
BoogeyMan 0 #17 November 30, 2011 QuoteQuoteIgnoring the substance of that second batch of nonsense, what does it have to do with the Federal Reserve or verbil's question to you? Do you have anything to say, or are you just here to spam us all with links and snippets from articles unrelated to each other? I have no reason to suspect that you are doing anything but attempting to argue with a spambot. EXCELLENT.......! I think we have a winner.!!! Winsor, Winsor, Winsor..!!!! Quote Share this post Link to post Share on other sites
dreamdancer 0 #18 November 30, 2011 QuotePrior to the early 1980s, private prisons were “virtually nonexistent.” That quickly changed as the War on Drugs ‘tough on crime’ mentality swept the nation with institution of draconian sentencing and release laws for nonviolent offenders, causing an explosion in US incarceration rate. State and federal governments increasingly struggled with overcrowded prisons and the rising costs of housing the rapidly growing pool of inmates. Coupled with the emergence of privatization madness under Ronald Reagan (a pattern that has continued under both Democrat and Republican administrations), skyrocketing imprisonment presented the perfect opportunity for the private sector to get in on the action, with promises of cost savings and more efficient operations than government-run facilities. In 1984, the Corrections Corporation of America was awarded a contract to operate a public jail in Hamilton County, Tennessee, and the nation’s first-ever private prison was born. According to the ACLU report, From 1970 to 2005, the number of people locked up in the US shot up by 700 percent. http://www.alternet.org/story/153212/the_shocking_ways_the_corporate_prison_industry_games_the_system/stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
dreamdancer 0 #19 November 30, 2011 Quotethe socialist left have many useful idiots the socialist right have the greater...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
DesertAttorney 0 #20 November 30, 2011 QuoteQuotethe socialist left have many useful idiots the socialist right have the greater... Beavis: That's all you need anyway, is a beer, a chair, and a TV. I mean if I go through life and wind up never scoring, I guess it wouldn't be too bad if I just had a beer, a chair and a TV-- Butt-head: Beavis, you are NEVER going to score. Beavis: I'm not saying I'll never score. I'm just saying, y'know, if that's the way it worked out, it wouldn't be too bad...well, no, it would suck, but it would be if I had a TV, and um...dammit! Nevermind. Butt-head: You'll be lucky if you even drink a beer. You'll probably never have a chair either. Beavis: This is gonna suck. Quote Share this post Link to post Share on other sites
dreamdancer 0 #21 November 30, 2011 which one are you?stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
DesertAttorney 0 #22 November 30, 2011 Quotewhich one are you? Butthead. Quote Share this post Link to post Share on other sites
