May 29, 2010
A man-made disaster of epic proportions, I think we better start getting used to the idea that the leak currently hemorrhaging oil deep in the Gulf of Mexico may never be plugged.
I know it's a pelican
I expect that soon BP will throw up their hands and simply walk away. Taking a page from the Wit and Wisdom of Lloyd Blankfein, BP will announce “We did our best, this tragedy is now in the hands of God.” And of course the Gov will “take charge” of the disaster, and the money of course will come out of your pocket.
There will be no recourse for We the People. Just like Wall Street, the Oilcos have engineered the law so that they will be untouchable.
Up to this point, BP has presented what in this age of centrally controlled media looks like a good faith effort. In fact it appears to cynics like me that every move they make is only to cover their ass. Corporate controlled media will make the case for their cronies offering the valuable assistance of helping form public opinion. Expect the slant from Faux Nooze(tm) et al along the lines of “If this is the Good Lord”s will, what you going to do?”
Obama will continue as an ineffectual figurehead who will make the right noises to keep the tongue clicking to a minimum. Meanwhile he will continue to reward Corporate America with the riches they so deserve. He might even get re-elected.
Meanwhile, Louisiana continues to get treated like a prison bitch.
August 6, 2009
Saudi Prince Bandar bin Sultan
Think Bandar Bush will eventually receive that particular (Saudi) royal treatment: beheading?
Who knows, but this steaming turd once threatened UK officials that if they did not stop the investigation into the British Aerospace (BAE) slush fund which him and his family/cronies relied upon for frequent travel and million dollar shopping excursions (no lie) then the UK might soon see another 7/7.
In kingdom, Saudi prince’s coup ‘fails’
Sun, 02 Aug 2009 17:03:54 GMT
Saudi Prince Bandar bin Sultan, the kingdom’s former ambassador to the United States, is reportedly under house arrest over a conspiracy against the monarch.
Saad al-Faqih, head of the opposition group Islamic Reform Movement, told Arab-language TV al-Alam that Prince Bandar has been disappeared and the media has published no word from the ex-diplomat’s whereabouts since nearly three months ago.
According to al-Faqih, the prince first disappeared in Britain but he returned to the kingdom shortly afterwards.
He added that after Saudi officials discovered that he had provoked 200 agents working for the Saudi security service to stage a coup against King Abdullah, he was put under house arrest.
Al-Faqih said people close to the king had disclosed Bandar’s plots and foiled them.
He said Saudi sources believe that intelligence provided by some Arab countries help the Saudi monarch foil Prince Bandar’s conspiracy.
Power struggle between members of the Saudi royal family has been common as power is shared among some 200 princes out of the estimated 7000 family members.
Known as Bandar Bush because of his close relations with former US President George W Bush, the prince is son of Crown Prince Sultan bin Abdul Aziz.
I am sure it is all one big misunderstanding.
“It will be many years before the masses discover just how completely they have been fleeced by the power elite.” -Richard Smith
May 12, 2009
State proposal could steal borrow millions from cities
Last week, the state’s Department of Finance informed cities of its proposal to steal borrow as much as 8 percent of local governments’ property tax revenues — giving the state an extra $2 billion. The cities could in turn borrow the money from the private sector, the proposal suggests, but city leaders scoff at the notion.
The muni’s can borrow (at interest, of course) from the private sector to make up what the state takes? Good luck with that!
We’ve got trouble at every tier of .gov.
We’ve got a president sorely deficient of any depth of knowledge of how business should be conducted (not that he’s much worse than the leechfucks populsting Wall St.). He relies on goons to set policy, and all these leechfucks know how to do is spend.
These ass-klowns have already committed to MORE THAN ONE-HALF OF THIS NATION’S G.D.P. to turn private banking institutions into what are now essentially GSE’s.
Spending isn’t the answer to our problems, the PPiP-tards just think of this as the easiest way out; not the smartest; not the best; just easy.
What else would you expect but a predictable and pedestrian response from bureacrats-for-life.
And they’ll be long gone from the party before the bill arrives.
And arrive it will.
When the only tool you know how to use is a hammer, everything starts to look like a nail.
April 18, 2009
Last summer, Congress passed the Hope for Homeowners Act, setting aside $300 billion to help people refinance into more affordable mortgages. But the program has been a total flop.
When it was first introduced, the Congressional Budget Office estimated that the program could help 400,000 people keep their homes.
But more than six months after the program was launched, the Federal Housing Administration says only one homeowner has made it all the way through the government program and received the FHA guarantee.
Hope for Homeowners was sponsored by Rep. Barney Frank (D-MA)…
I suppose that is all one needs to know. [NPR]
Sing-along: #you’re out of touch#
“It could be worse… they could be batting a negative average!”
January 22, 2009
Is it cynical to think that the CEO’s of BofA and JPM bought a few token shares (doesn’t this just scream CONFIDENCE!?) of their stock while they are at all-time lows? BTW why is the share price at all-time lows? Should the money used be considered ill-gotten gains conisdering the industry-wide fraudulent activites of just over two years ago? Is this ironic? Moronic? Assinine? Absurd? Should not this money have a claim placed agasinst it for the people of the United States of America and confiscated under the RICO statute? Why so many questions?[The Big Picture]