Out of Control
 

On Mon, 24 Nov 2008 03:50:38 -0500, "Eisboch"
wrote:

Then, the Citi's chief executive officer, Vikram Pandit says, "We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?

Trust me on this, you really don't want Citi to fail. It would set
off a tidal wave of additional failures that would overwhelm the FDIC
and bring world trade to a halt. Excluding the sub-prime nonsense,
their basic business model is quite sound.

Out of Control
 

On Mon, 24 Nov 2008 08:38:39 -0500, Wayne.B wrote:

On Mon, 24 Nov 2008 03:50:38 -0500, "Eisboch"
wrote:

Then, the Citi's chief executive officer, Vikram Pandit says, "We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?

Trust me on this, you really don't want Citi to fail. It would set off
a tidal wave of additional failures that would overwhelm the FDIC and
bring world trade to a halt. Excluding the sub-prime nonsense, their
basic business model is quite sound.

I could give a **** less if Citi Group fell on it's ass. If the ""business
model" were so good they wouldn't be where they are now and will be again
when they get a chance to walk with taxpayer monies.

Why trust crooks now?

By the way this will always remain "Bush's Crisis" no matter how many
fools try to spin it.

Only the folks that had no trade or true work ethics starved during the
great depression.

Let them eat dirt.

Learn to speak Chinese and/or Spanish.

Perhaps a plan for universal monetary values "world wide" like the Euro
but expanded.

Perhaps then many will recognize we are a secondary world power or lower
after the "Bush Vacation" and "Cronies Administration". Brought on
ourselves by invasion of Muslim countries to steal oil as a trade for
lives at "their command" because we lacked leadership.

We are overdue for some humility as a lesson.
Some deserve punishment. Maybe the ultimate form.

No apologies accepted.

Out of Control
 

"RLM" wrote in message
...


Only the folks that had no trade or true work ethics starved during the
great depression.

Let them eat dirt.

Learn to speak Chinese and/or Spanish.



Have to go on record here.
I don't agree with any of what you just said (above).

Eisboch

Out of Control
 

Eisboch wrote:
Just read the announcement of the additional government bailout of Citigroup
out of the TARP money.

Is it just me, or is this whole thing getting totally out of control?

I get a kick out of the wording of the statement. Quoting a couple of
parts:

"With these transactions, the U.S. government is taking the actions
necessary to strengthen the financial system and protect U.S. taxpayers and
the U.S. economy," the three agencies said in a statement issued late Sunday
night. "We will continue to use all of our resources to preserve the
strength of our banking institutions, and promote the process of repair and
recovery and to manage risks."

Isn't it taxpayer's resources being used? What's this "our resources"
stuff?

Then, the Citi's chief executive officer, Vikram Pandit says, "We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?



Congress should reconvene immediately and put a halt to the TARP program.
The banana heads running it are loose cannons, operating on their own and
should be fired.
IMO, there is an overreaction taking place, led by a bunch of ex-wall street
suits that have a very narrow view factor of the overall problem. Calmer
heads should take over. Let things settle a bit.
Tossing billions of dollars to any company that comes along and cries for
help isn't the solution.

Eisboch (frustrated American taxpayer)



We have obligated Americans, to pay the massive debts, of Global
Corporations.
Wall Street's Players are guaranteed their ill gotten gains. They will
go home to their estates and roll in our money. Many Americans have/will
lose their homes and everything else.
They feared letting them fail would esult in Americans failing.
That equation is not clear, or at least their debt, at the demand of
Global Banking. Americans will lose because in one form or anther we
wull have to pay the debts created by Banking gamblers and swindlers.
Global Banking and Global Big Business do indeed control
American Government. It is ever more clear since Banking has been
nationalized Everything the People have told Congress and Government we
want has been ignored.
All the Transnational, Foreign or Globalists that played Americans for
our wealth took home trillions. Those that lost the card game are having
their losses covered by us. We have no say in what is being done. They
should have bailed out Americans and let the Global gamblers and
swindlers fail.
There is no move on reform and restoring rule, of law, or protections,
for Americans from the predators of Global Banking and Business.
The only discussion in the media is preserving the specious game, of
Wall Street and the Fed.

Out of Control
 

tin cup wrote:
Eisboch wrote:
Just read the announcement of the additional government bailout of
Citigroup out of the TARP money.

Is it just me, or is this whole thing getting totally out of control?

I get a kick out of the wording of the statement. Quoting a couple of
parts:

"With these transactions, the U.S. government is taking the actions
necessary to strengthen the financial system and protect U.S.
taxpayers and the U.S. economy," the three agencies said in a
statement issued late Sunday night. "We will continue to use all of
our resources to preserve the strength of our banking institutions,
and promote the process of repair and recovery and to manage risks."

Isn't it taxpayer's resources being used? What's this "our
resources" stuff?

Then, the Citi's chief executive officer, Vikram Pandit says, "We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?



Congress should reconvene immediately and put a halt to the TARP program.
The banana heads running it are loose cannons, operating on their own
and should be fired.
IMO, there is an overreaction taking place, led by a bunch of ex-wall
street suits that have a very narrow view factor of the overall
problem. Calmer heads should take over. Let things settle a bit.
Tossing billions of dollars to any company that comes along and cries
for help isn't the solution.

Eisboch (frustrated American taxpayer)



We have obligated Americans, to pay the massive debts, of Global
Corporations.
Wall Street's Players are guaranteed their ill gotten gains. They will
go home to their estates and roll in our money. Many Americans have/will
lose their homes and everything else.
They feared letting them fail would esult in Americans failing.
That equation is not clear, or at least their debt, at the demand of
Global Banking. Americans will lose because in one form or anther we
wull have to pay the debts created by Banking gamblers and swindlers.
Global Banking and Global Big Business do indeed control
American Government. It is ever more clear since Banking has been
nationalized Everything the People have told Congress and Government we
want has been ignored.
All the Transnational, Foreign or Globalists that played Americans for
our wealth took home trillions. Those that lost the card game are having
their losses covered by us. We have no say in what is being done. They
should have bailed out Americans and let the Global gamblers and
swindlers fail.
There is no move on reform and restoring rule, of law, or protections,
for Americans from the predators of Global Banking and Business.
The only discussion in the media is preserving the specious game, of
Wall Street and the Fed.
The bailout LOANS will demand much higher interests, and prices to
repay the loans. Higher taxes and profits for the swindlers and in
whatever form what is higher taxes for Americans.
Anyone got a handle on how much debt we will have to pay over say the
next 8 years or perhaps a lifetime?

Out of Control
 

On Nov 24, 10:07*am, "Eisboch" wrote:
"RLM" wrote in message

...



Only the folks that had no trade or true work ethics starved during the
great depression.

Let them eat dirt.

Learn to speak Chinese and/or Spanish.

Have to go on record here.
I don't agree with any of what you just said (above).

Eisboch

Same with me!

Out of Control
 

Wayne.B wrote:
On Mon, 24 Nov 2008 03:50:38 -0500, "Eisboch"
wrote:

Then, the Citi's chief executive officer, Vikram Pandit says, "We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?

Trust me on this, you really don't want Citi to fail. It would set
off a tidal wave of additional failures that would overwhelm the FDIC
and bring world trade to a halt. Excluding the sub-prime nonsense,
their basic business model is quite sound.
,
World Trade is defined as American financing debt for China imports,
from Global Banking swindlers and loan sharks with unilateral contracts.
Americans are denied the protection f Law and the Courts in dealing with
Business under Mandatory ?Binding Arbitration clauses.
Banking writes the variable contracts and can modify or change any and
all terms without Citizens consent.
This is Globalism. It is about eliminating America's soverignty. It is
about ignoring or rewritting Americans Law protecting Citizens. It is
about world government by Business for the wealth and power of what is
referred to as the Globabl Ruling Economic Aristocracy.
Our Government answers to Wall Street and the Fed. If you are not
Corporate you are little People.
George Bush said he was a Globalist. This is his "mandate?"

Out of Control
 

"Eisboch" wrote in message
...


Just read the announcement of the additional government bailout of
Citigroup out of the TARP money.

Is it just me, or is this whole thing getting totally out of control?

I get a kick out of the wording of the statement. Quoting a couple of
parts:

"With these transactions, the U.S. government is taking the actions
necessary to strengthen the financial system and protect U.S. taxpayers
and the U.S. economy," the three agencies said in a statement issued late
Sunday night. "We will continue to use all of our resources to preserve
the strength of our banking institutions, and promote the process of
repair and recovery and to manage risks."

Isn't it taxpayer's resources being used? What's this "our resources"
stuff?

Then, the Citi's chief executive officer, Vikram Pandit says, "We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?



Congress should reconvene immediately and put a halt to the TARP program.
The banana heads running it are loose cannons, operating on their own and
should be fired.
IMO, there is an overreaction taking place, led by a bunch of ex-wall
street suits that have a very narrow view factor of the overall problem.
Calmer heads should take over. Let things settle a bit.
Tossing billions of dollars to any company that comes along and cries for
help isn't the solution.

Eisboch (frustrated American taxpayer)


You got that right. It used to be the norm here...this province wasted
billions on an aging steel plant and worked out coal mines until we almost
went bankrupt.

Out of Control
 

On Nov 24, 10:05*am, RLM wrote:
On Mon, 24 Nov 2008 08:38:39 -0500, Wayne.B wrote:
On Mon, 24 Nov 2008 03:50:38 -0500, "Eisboch"
wrote:

Then, the Citi's chief executive officer, Vikram Pandit says, *"We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?

Trust me on this, you really don't want Citi to fail. * It would set off
a tidal wave of additional failures that would overwhelm the FDIC and
bring world trade to a halt. *Excluding the sub-prime nonsense, their
basic business model is quite sound.

I could give a **** less if Citi Group fell on it's ass. If the ""business
model" were so good they wouldn't be where they are now and will be again
when they get a chance to walk with taxpayer monies.

Why trust crooks now?

By the way this will always remain "Bush's Crisis" no matter how many
fools try to spin it.

What everyone seems to forget is that once the feds changed the
lending rules, banks had no choice but to grant loans to people that
fell within those rules. If they tried to hold their loans to a
higher standard, lawyers and the media would have been all over them
saying they were discriminating, right? You know it.

Three guesses who who profited from it the most in government, and who
in government protected the scheme. A lot of the "ill-gotten" profits
were just used effectively in an election.

And the beat goes on...

Out of Control
 

On Mon, 24 Nov 2008 10:05:34 -0500, RLM wrote:

On Mon, 24 Nov 2008 08:38:39 -0500, Wayne.B wrote:

On Mon, 24 Nov 2008 03:50:38 -0500, "Eisboch"
wrote:

Then, the Citi's chief executive officer, Vikram Pandit says, "We
appreciate the tremendous effort by the government to assure market
stability."

Shouldn't he be thanking the American taxpayers?

Trust me on this, you really don't want Citi to fail. It would set off
a tidal wave of additional failures that would overwhelm the FDIC and
bring world trade to a halt. Excluding the sub-prime nonsense, their
basic business model is quite sound.

I could give a **** less if Citi Group fell on it's ass. If the ""business
model" were so good they wouldn't be where they are now and will be again
when they get a chance to walk with taxpayer monies.

Why trust crooks now?

By the way this will always remain "Bush's Crisis" no matter how many
fools try to spin it.

Only the folks that had no trade or true work ethics starved during the
great depression.

Let them eat dirt.

Learn to speak Chinese and/or Spanish.

Perhaps a plan for universal monetary values "world wide" like the Euro
but expanded.

Perhaps then many will recognize we are a secondary world power or lower
after the "Bush Vacation" and "Cronies Administration". Brought on
ourselves by invasion of Muslim countries to steal oil as a trade for
lives at "their command" because we lacked leadership.

We are overdue for some humility as a lesson.
Some deserve punishment. Maybe the ultimate form.

No apologies accepted.

The above is just stupid.
--
A Harry Krause truism:

"It's not a *baby* kicking, beautiful bride, it's just a fetus!"