What Do You Think About Cyber-Bullying?

September 27th, 2011   (353 views )

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Comment from: Gail [Visitor] Email
A/K/A SLANDER AND LIBEL, ASSAULT, AND MURDER, DEPENDING ON THE DEGREE.

"Bullying" is a new label for an old crime(s), regardless of who it is inflicted on.
PermalinkPermalink 09/27/11 @ 17:20
Comment from: sarah [Visitor] Email
(1) I'm wondering whether positive publicity around cyberbullying (e.g., student/s who rally around a bullied classmate and peacefully confront the bully) might be helpful.
(2)If cyberbullying which leads to suicide is criminalized, could such legislation ultimately backfire? Might
criminalization actually increase
suicide rates among victims who feel
otherwise powerless? In other words, if
a bullying victim believes that his/her
tormentors might be punished as a result of their own death, might that "hope" -- as perceived by an impulsive, hurting kid -- actually provide incentive for suicide?
PermalinkPermalink 09/27/11 @ 19:10
Comment from: John--- [Visitor] Email
I don't. Unless you want us to include cyber bullying done by those corporations that dare to invade social media networks and personal sites in order to exclude potential job candidates.

Life is full of potential obstacles and dangers that arise, intrude, and sometimes manifest- themselves into our lives each and every day. Some of it is our own doing. Most of it is not. It is each and every individuals personal obligation to fend them off, or avoid.
Society cannot monitor every second of your day. Don't expect it. Be responsible and don't place things in cyberspace that you wouldn't be proud of.
Suicide is the punctation point that adamently proclaims that you aren't ready, willing or able to overcome difficulties in a world built and contingent upon the premise "survival" of the fittest.
Suicide is just a copout. Has been throughout history.
If you have a problem then dial a helpline-
...OTHERWISE SHOW SOME DAMN MOXIE AND PERSEVERANCE AND TOUGH IT OUT.
THERE ARE BILLIONS OF PEOPLE AROUND THIS PLANET WHO HAVE IT MUCH TOUGHER THAN "YOU" DO... WHO PRAY AND STRUGGLE WITH EVERY INCH OF THEIR FIBER FOR THE OPPORTUNITY TO SEE JUST ONE MORE DAY.

When in doubt- consult "the Serenity prayer"

"God grant me the serenity to accept the things I cannot change; courage to change the things I can; and wisdom to know the difference.

God bless us all.
...WITH THE WISDOM TO KNOW THE DIFFERENCE.
PermalinkPermalink 09/28/11 @ 16:54
Get Money Out: Join 100,000 Americans
September 27, 2011

MIKE & MIKE, CASPIAN, PETER, ROBERT, GAIL, FRED-

Here's is something that we have all agreed upon and can fix if we allPUT ASIDE PARTY POLITICS- UNITED AND STAND TOGETHER
------
Money has bought our politics. Only we the people can take it back. But, HOW?
politics.

So here is a draft of an Amendment and here is a petition to start the movement.

Read the Amendment and add your signature. IT'S TIME FOR APPROPRIATE ACTION THAT GOES WELL BEYOND THIS VENUE.
PermalinkPermalink 09/28/11 @ 17:07
It's Time to Get Money Out of Politics
HERE IS THE AMENDMENT
Bailouts. War. Unemployment. Our government is bought, and we’re angry. Now, we’re turning our anger into positive action. By signing this petition, you are joining our campaign to get money out of politics. Our politicians won’t do this. But we will. We will become an unrelenting, organized wave advocating a Constitutional amendment to get money out of politics.

As the petition grows, we can use *my show on MSNBC as a platform to force this issue to the center of the 2012 elections. Join us. Sign up. Tell your friends. Facebook it. Tweet it. #GetMoneyOut.

From our Washington Insider, Jimmy Williams, here is our Constitutional Amendment:
"No person, corporation or business entity of any type, domestic or foreign, shall be allowed to contribute money, directly or indirectly, to any candidate for Federal office or to contribute money on behalf of or opposed to any type of campaign for Federal office. Notwithstanding any other provision of law, campaign contributions to candidates for Federal office shall not constitute speech of any kind as guaranteed by the U.S. Constitution or any amendment to the U.S. Constitution. Congress shall set forth a federal holiday for the purposes of voting for candidates for Federal office."


37,395 signatures in just one day. Let's make it millions

PermalinkPermalink 09/28/11 @ 17:14
Comment from: John--- [Visitor] Email · http://www.c-spanvideo.org/program/301698-4
Mike Q, Caspian robert, peter etc: Here is the CSpan Dennis Kucinich interview from last week enjoy

http://www.c-spanvideo.org/program/301698-4

===================

The banksta' outfit known to most of us as the infamous Goldman Sachs federales implicated again.
This time ... for facilitating the Greece crisis.
SHOULD ANYONE DARE TO UTTER THE WORDS "FINANCIAL TERRORISTS"?

http://news.yahoo.com/blogs/lookout/europe-debt-crisis-contained-121913271.html

"Until now, many Americans have largely tuned out Europe's debt crisis. Its causes are complicated, it's happening somewhere else, and we've got enough of our own economic problems to worry about, thank you very much.

But Americans may not be able to disregard the crisis much longer. Europe's leaders met in Washington over the weekend, trying to devise a plan to finally address the growing financial emergency. And U.S. government officials are using increasingly urgent language in their appeals to their European counterparts to come up with a viable plan before the crisis spirals out of control, plunging the global economy back into recession.

So it's time to start getting familiar with Europe's debt crisis. Here's the crucial background you need to know:

How and when did the crisis originate?

***---> Let's start back in 2001, when 17 European countries scrapped their national currencies and replaced them with the euro. The new "eurozone" bloc permitted some of its economically weaker members to borrow money more cheaply than they 'd been able to do previously, because they benefited from the higher credit ratings of the region's stronger economies.

*As a result, many European countries, including Greece and Ireland, began to take on debt. (In Greece's case, by the way, "this effort was aided by Goldman Sachs", which, for a "fee", came up with a clever way to allow Greece to disguise the extent of its borrowing). By early 2010, investors began to worry that those two countries, and also Portugal, might not be able to repay their obligations.

Details of the financial meltdowns have varied from country to country. In Greece, the problem was a culture of tax evasion, combined with excessive public spending. (As Michael Lewis of Vanity Fair wrote recently, to get around pay restraints in the calendar year, ---> "the Greek government simply paid employees a 13th and even 14th monthly salary--months that didn't exist.")THANK YOU FOR THE SCREWING, AGAIN GOLDMAN SACHS.

Things got worse, of course, with the global economic downturn, which reduced revenues further. In Ireland, the debt was largely a result of the government guaranteeing the nation's largest banks, which were threatening to collapse after financing a housing bubble--a familiar scenario to any jaundiced observer of Washington's lavish bailouts of U.S. investment banks. Portugal's public debt was in fact far lower, but investors lost confidence anyway, in part because of relatively high levels of government spending and intervention in the economy.

The markets' fears created a vicious cycle. Once investors decided that those countries might not be able to repay their debt, it became much more expensive for those governments to finance new borrowing. And the credit squeeze in turn made it less likely that the cash-strapped governments would ever be able to repay the original debt, raising the prospect of a default..."
-----
yikes!!! It doesn't end there, either. LOOK AND SEE! Good f*!#ing grief. What else?
http://news.yahoo.com/blogs/cutline/bbc-victim-hoax-no-yes-men-154724196.html

ISN'T IT TIME FOR CHANGE????
VOTE AS SOON AS YOU CAN TO ABOLISH THE GOLDMAN SACHS FED.


PermalinkPermalink 09/28/11 @ 17:52
Comment from: Mike Q [Visitor] Email
John: Also consider Elizabeth Warren/Bernie Sanders.
PermalinkPermalink 09/28/11 @ 21:40
Comment from: Mike G [Visitor] Email
John, read your post and I have a question.

From your Post:

"How and when did the crisis originate?"

1) "The new "eurozone" bloc permitted some of its economically weaker members to borrow money more cheaply than they 'd been able to do previously, because they benefited from the higher credit ratings of the region's stronger economies. As a result, many European countries,including Greece and Ireland, began to take on debt."

2) "In Greece, the problem was a culture of tax evasion, combined with excessive public spending"

3) "the Greek government simply paid employees a 13th and even 14th monthly salary--months that didn't exist."

4) "Portugal's public debt was in fact far lower, but investors lost confidence anyway, in part because of relatively high levels of government spending and intervention in the economy."

John, I don't follow the logic. How does 1+2+3+4 = "THANK YOU FOR THE SCREWING, AGAIN GOLDMAN SACHS?"

Sounds like Big Government excess spending and European Socialized ideals are the main contributing factor to the crisis, according to your article.
PermalinkPermalink 09/28/11 @ 23:25
Comment from: Caspian [Visitor] Email · http://banking.senate.gov/conf/
"How and when did the crisis originate?"
MG.

----

Wall Street owns most of Congress, not you, and certainly not me.

It is no coincidence that the Middle Class and Working Poor are losing these past 30 years.

Enclosed is the proof:

----------

McCain guru linked to subprime crisis / Republican Phil Gramm
3/28/08 / http://tinyurl.com/2ujo9b
The general co-chairman of John McCain’s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today’s economic turmoil.

“A regulatory structure set up for banks in the 1930s needed to change because the nature of business had changed,” the Illinois senator running for president said in a New York economic speech. “But by the time [it] was repealed in 1999, the $300 million lobbying effort that drove deregulation was more about facilitating mergers than creating an efficient regulatory framework.”
Gramm’s role in the swift and dramatic recent restructuring of the nation’s investment houses and practices didn’t stop there.

A year after the Gramm-Leach-Bliley Act repealed the old regulations, Swiss Bank UBS gobbled up brokerage house Paine Weber. Two years later, Gramm settled in as a vice chairman of UBS’s new investment banking arm.

Later, he became a major player in its government affairs operation. According to federal lobbying disclosure records, Gramm lobbied Congress, the Federal Reserve and Treasury Department about banking and mortgage issues in 2005 and 2006.

During those years, the mortgage industry pressed Congress to roll back strong state rules that sought to stem the rise of predatory tactics used by lenders and brokers to place homeowners in high-cost mortgages.

For his work, Gramm and two other lobbyists collected $750,000 in fees from UBS’s American subsidiary. In the past year, UBS has written down more then $18 billion in exposure to subprime loans and other risky securities and is considering cutting as many as 8,000 jobs. http://www.politico.com/news/stories/0308/9246.html

Gramm-Leach-Bliley Act of 1999
Senate voted 90 yea 8 nay / http://banking.senate.gov/conf/
This proves beyond all doubt that both parties do not represent “We The People”!
PermalinkPermalink 09/29/11 @ 11:07
Comment from: Mike G [Visitor] Email
"This proves beyond all doubt that both parties do not represent “We The People”!-Caspian

So now what? Do we continue to expect these parties that do not represent us, that are in charge of government, to enforce and create the laws that are in our best interest? If Wall street owns most of Congress then when you pay your taxes wouldn't that mean you are paying them to Wallstreet and not a government that represents the people? Yet at the same time, many on the left want to invest in a bigger more powerful government regardless of the bad decisions made by those in charge and that inconsistency baffles me.

Caspian, we need to address the root cause and screw politics. The root cause is greed and corruption, Corruption in government and in political parties, corruption in business, corruption in unions, corruption in the poor and the middle class. It is all the same to me, albeit different scales. You want to regulate business and I want to regulate and control corruption.
PermalinkPermalink 09/29/11 @ 20:58
Comment from: Caspian [Visitor] Email · https://occupywallst.org/
Caspian, we need to address the root cause and screw politics. MG

=============

I totally agree and for every Congress person there are Five lobbyist.

John has it absolutely right: Take big money out of politics.

How about free air time on TV and Radio for candidates?

Obama reneged on cleaning up corruption in Washington DC and I don't hear any Republican promising to clean it up except for Dr. Paul.

Clinton swept Iran/Contra under the rug and Obama looked the other way with Wall Street crime.

Gerald Ford did the same by pardoning Tricky Dicky Nixon.

I'm hoping the Coffee Party protesting on Wall Street will start something positive.

Corporate Obama vs Corporate Romney will only continue the Status Quo.

The system needs to be changed from Pay To Play to a viable third and fourth party that would represent us.







PermalinkPermalink 09/29/11 @ 22:06
Comment from: fred [Visitor]
What is free air time? Isn't that a donation of something of value?
PermalinkPermalink 09/29/11 @ 23:59
Comment from: Caspian [Visitor] Email · http://tinyurl.com/5s5r39q
The airwaves are supposed to be used for the public good. Not propaganda and half truths.



The Price of Free Airwaves

http://tinyurl.com/5s5r39q


Big Media: "The Big Six"

http://tinyurl.com/6ztqc66


What is the Role of the Media?

http://tinyurl.com/6xt3pbt
PermalinkPermalink 09/30/11 @ 07:51
Comment from: John--- [Visitor] Email
MikeQ: The answer is right in front of you- just look. I'll simply remove the sentences that broke off the continuity within the process.

***---> Let's start back in 2001, when 17 European countries...[AIDED AND ABETTED BY THE WESTERN BANKSTA CARTELS THAT ALSO RUN OUR FED AND COLLECT INTEREST FROM US FOR ALL OF "THEIR" *PATENTED INDISCRETIONS]
...scrapped their national currencies and replaced them with the euro. The new "eurozone" bloc *"permitted" some of its economically weaker members to borrow money more cheaply than they 'd been able to do previously, because they benefited from the higher credit ratings of the region's stronger economies.]

*As a result, many European countries, including Greece and Ireland, began to take on debt. (In Greece's case, by the way, this effort was "aided" by Goldman Sachs", which, for a "fee", came up with "a clever way" to allow Greece to disguise the extent of its borrowing)...
... "the Greek government simply paid employees a 13th and even 14th monthly salary--months that didn't exist.")THANK YOU FOR FORMULATING AND AVANCING THE PATTERN FOR SCREWING, GOLDMAN SACHS.

How do you achieve NWO? Bankrupt nations and screw up their currencys, and means of exchange, so badly that you force a paperless society.
Revue your notes on Aaron Russo. What was the aim and the primary goal of the CFR and their banksta financiers in 2000 when Russo was told about "the event" that would change everything?

THESE VERY SAME PEOPLE ARE NOW IN CONTROL 40% OF THIS NATIONS GDP. IN 2000, THEY ONLY CONTROLLED 9%. NOT ONLY THAT THEY'VE REWARDED GOLDMAN-SACHS FOR DELIBERATELY SCREWING US BY DECLARING IT AN UNTOUCHABLE WITH A FRONT ROW SEAT AT THE 0%INTEREST FEDERAL RESERVE PRIME WINDOW.
This was allowed by those handpicked CFR committee demolityions experts that are destroying our nations ability to be self reliant, even after G-S was proved to have bet against the American pension and 401k systems of our largest unions, first responders etc.

What did they have to pay back for such treasons? A measly $1b, versus the trillions that went into the coffers of the 1% and left middle class Americans destitute in their wake.
PermalinkPermalink 09/30/11 @ 16:33
Comment from: Mike G [Visitor] Email
"The new "eurozone" bloc "permitted" some of its economically weaker members to borrow money more cheaply than they'd been able to do previously, because they benefited from the higher credit ratings of the region's stronger economies. As a result, many European countries, including Greece and Ireland, began to take on debt." -John

"How do you achieve NWO? Bankrupt nations and screw up their currencys, and means of exchange, so badly that you force a paperless society."-John

So lets say there is this NWO scheme to bankrupt nations. Why then do only some nations require a bailout and not others? Why Greece and not Germany? Why Chevy and not Ford? Why some homeowners and not others?

So when the evil NWO bartender serves an alcoholic drink to someone he knows is an alcoholic, who comes to his rescue? Isn't it his buddy that CUTS him off, that tells him NO, that says, be RESPONSIBLE and don't drink in EXCESS. Or is his friend the one that buys him a drink?

Don't you see, responsible nations and peoples don't live beyond there means but unfortunately when they do, they fall prey to the evil and the greedy and everybody else ends up paying the price.
PermalinkPermalink 09/30/11 @ 20:37
Comment from: John--- [Visitor] Email
MikeG: No. the way I see it is that people follow the marching orders of the marionettes that are hand picked, sponsored and owned by the real powers behind the thrones.
Since our present governing body has opened itself to foreign caucus moneys, and global conglomeration in order to circumvent and evade the rulings and checks and balances of our constitutional nation "we as people" have beeen rendered hopeless in the struggles to nominate sufficient numbers of candidates to combat these treasons that have reduced our middle class to todays present number that also has an amazing 30% of our nation now trolling at the poverty level.

NWO has the backing of foreign treasuries which ulitize the money collected from its people against their own best interests.
Foreign dictators employ their SWF's as well in order to obtain unfair tradfe agreements in return for their compliance as all ready together for the ultimate unification in their new fully capitalized (with our money) world capitol UAE-Dubai. Which is ironically as facts might have it, right smack dab in the middle of Arab terrorism central.
Yeah right! Who in their right mind would ever believe that banks would ever finance that risk? Yet they did, Dubai renighed on it's loan too in 2008, couldn't pay just two months of the loans interests charges that alone amounted to $60Billion, and DubaiWorld doesn't have an asset source other than the nod and a wink blindeye benevolence of the Supreme Elitists who again through "their IMF", raided our Fed for well over another $140billion under the auspis of fending off the Greek crash.
Combined they dominate well over 265-300 of our 525 elected officials in one form or another. Our government is top heavy with CFR numbskulls who head our key committees, so that only "their" globalist aka/NWO agenda can be tabled.

That 1% Owning possession of 40% of our GDP and voting in unison, easily circumvents what remains in our coffers when 70-90% of which goes into basic living essentials.
When that same 1% controls all forms of media, corrupts the news, and fails to notify and alters the facts to suit "their purposes" neither we nor the people of other nations can have, form, or draw up remedies that aren't faulty since the whole deck of cards that make up the politico/financial matrix is a endless series of mouse traps and dead ends.

Mike, I use real life illustrations for you, so that you can understand both the scope and the magnitude of the deceptions being foisted on the people of the world by this talking head unbalanced MSM stream of unending disinformation, propaganda and ponzi scheme facilitators.
Please do not, attempt to bamboozle us with flighty airheaded jingoisms and ridiculous riddles that double as absurd protections for those who seek to ruin us as a society. The only thing that separated us from the rest in terms of finances was the ability to climb out of poverty and live with relative comfort. This was afforded by the checks and balances of a supervisory governing body elected by the people, IN OUR BEST INTERESTS.

Truths be known-
"So lets say there is this NWO scheme to bankrupt nations. Why then do only some nations require a bailout and not others? TOO RISKY TO IMPLODE THE WHOLE WORLD AT ONCE. THE CFR HAS MADE IT A POINT TO DECLARE OPENLY THAT THE USA WAS TO BE THE LAST SUPER POWER AND THAT THE MEANS BY WHICH TO RENDER HER DEFENSELESS WAS BY DELIVERING HER INTO THE ARMS OF THE UN AS OUR GOVERNMENT FLOUNDERED IN A SEA OF INCOMPETANCE. [READ: DL CUDDY]
Why Greece and not Germany? DUH! GERMANY IS SOLVENT. ASK YOURSELF, WHY IS GERMANY SOLVENT? ANSWER: GERMANY WAS ALLOWEED TO KEEP THE SPOILS CAPTURED UNDER HITLER BY THOSE SAME ELITE POWERS THAT BE THAT AT ONE TIME OR ANOTHER SUPPORTED HIS MANICAL CAMPAIGN.

"Why Chevy and not Ford?"
FORD HAS ALWAYS BEEN AN "INSIDER" MONOPOLY WITH CFR, TRILATERAL AND BILDERBERG TIES.
OF COURSE THEY WERE WELL ABOVE OF THE LEARNING CURVE WHEN REPUBLICAN DEREGULATION IMPLOSION WAS TRIGGERED, FORD QUICKLY REVERSED FIELD DIVESTING ITSELF OF ITS RISKIEST HOLDINGS & SPED AWAY FROM THE PACK TOWARD SOLVANCY IN THE HOPE OF BEING THE "CASH READY" FINANCIER IN THE IMPENDING MELTDOWNS PENNIES ON THE DOLLAR FIRESALE. JUST LIKE THE REST OF THE GOLDMAN-SACHS/CFR IN CROWD.


"Why some homeowners and not others?"
YEAH! ASK THAT ONE AGAIN, MIKE. LOUDER!!!
WHY WERE OWNER/SPECULATORS OF MULTIPLE FORECLOSURE DWELLINGS- BAILED OUT...
and
THOSE WHO LIVED IN THEIR ONLY PLACE OF RESIDENCE- IGNORED AND SCAPEGOATED THEN THROWN INTO THE STREET.

"So when the evil NWO bartender serves an alcoholic drink to someone he knows is an alcoholic, who comes to his rescue? Isn't it his buddy that CUTS him off, that tells him NO, that says, be RESPONSIBLE and don't drink in EXCESS. Or is his friend the one that buys him a drink?
VERY GOOD ANALOGY, MIKE. PLEASE ALLOW ME TO PUT THE SCENERIO INTO EVEN AND MORE CONSEQUENTIAL BROADER TERMS THAT AFFECTS EVERYBODY.
THIS SOUNDS A WHOLE LOT LIKE HOW WE ARE FORCED TO INDULGE THE INDUSTRIAL MILITARY COMPLEX WITH ITS RECKLESS AND CRIMINAL ENDANGERMENTS- DOESN'T IT?

Beware of the influnces of the CFR!!!
It's "select" patronage membership has singlehandedly brought to our doorstep the following
1. NAFTA, CAFTA, & EVERY OTHER FREE TRADE AGREEMENT.
2.ILLEGAL IMMIGRATION
3. ILLEGAL WARS
4. UN INTERVENTIONS INTO THE AFFAIRS OF SOVEREIGN NATIONS.
5. THE IMF & WORLD BANK
6. FULL SUPPORT OF THE MEXICAN GOVERNEMNT THAT HAS UNLEASHED AN INVASIONERY FORCE OF MILLIONS THAT HAS KILLED THOUSANDS OF AMERICANS AND RENDERED MILLIONS JOBLESS.
7. FULLY SUPPORTS "THE FAILED" GLOBAL ECONOMY AND WON'T LET US OUT.
8. DETESTS AMERICAN AUTONOMY. DETESTS 100% AMERICAN PRODUCTION.

BELIEVES THAT THE CONSTITUTIONAL FORM OF GOVERNMENT THAT WE HAVE, MUST BE INCRIMENTALLY DISMANTLED,
BY "A GLOBALIZED RULING ELITE".
PermalinkPermalink 10/01/11 @ 01:01
Comment from: fred [Visitor]
John:
You are not entirely wrong with your assumptions of political and economic power plays, by self imposed wealth rulers of old Western Europe and the United States.

However, you are so wrapped up about the bogeymen nwo,that your rants have compleley ignored the other world players who are on the same mission.

There is no such thing as a single globalized ruling elite. There are a bunch of them. At least 5 major groups, all competing for control. They wish to control of their own destiny and control of others who they believe impinge on their destiny.

Unfortunately, ‘our’ powers that be- have blown it! And as a result the us dollar- otherwise known as a federal reserve note -has been debased so badly, that I predict that within 5 to 7 years it will no longer be the worlds official reserve currency. The Chinese yaun-renminbi will.

You seem to think that you personally own your life. You dont. So the quicker you get over that fact, the happier you will be.




PermalinkPermalink 10/01/11 @ 05:23
Comment from: John--- [Visitor] Email
VATICAN OFFICIAL TIED TO BP, GOLDMAN-SACHS, AND MEDIA CENSORSHIP IN THE OIL FIAS CO INCREASING EVIDENCE OF FOUL PLAY
by
Sherri Kane and Leonard G. Horowitz


News unfolding from the oil crisis in the Gulf of Mexico has linked media censorship to investment bankers at Goldman Sachs (GS) stewarding the Vatican's wealth , and increasing evidence that the explosion was intended. A near total news blackout from independent sources, and arrests of anyone caugh t photographing and filming the devastation, show the Halliburton-British Petrol ium (BP) oil crisis is being criminally controlled, implicating some of Wall Str eet's heaviest hitters.
According to a report issued by frightened, yet faithful, documentary filmmaker, James Fox, interviewed from the Gulf's Grand Isles by Mel Fabregas on the Inter net's Veritas Radio Show, "There is a complete media blackout" on news coverage broadcast from the region.
"They are arresting people with cameras and anyone off camera that is caught tal king to a reporter," Fox testified. Another reporter told Fox,"You call this a free country? Right here, in the Unit ed States of America, there's no freedom of press. There's no freedom of speech. They're closing down the airspace above the oil spill, so reporter's can't fly over to determine how bad these oil plumes really are."
Suspicious pieces of this deadly puzzle feature Halliburton, the world's second largest oil field services company, headquartered in Houston and Dubai, whose ne gligence is blamed for the timely and profitable explosion.
Three weeks before the "natural gas leak," the George Bush/Dick Cheney 9-11-linked Halliburton company negotiated the purchase of the world's largest oil-spill cleanup firm (Boots & Coots) at the exact time keen observers on Wall Street--financial "intelligence agents" at Goldman Sachs (GS; often called "Government Sachs
")--unloaded 44% of their stock in BP. These facts parallel the shorting of airline stocks by those in the know prior to the World Trade Center (WTC) 9-11 attacks that new scientific evidence proves were followed by building demolitions, given the red thermite incendiary powder found everywhere around ground zero.
The WTC lessor, Larry Silverstein, partnered with Lloyd Blankfein of GS in the little known Partnership for New York City (PFNYC), took out a General Electric insurance policy just six weeks before the attacks. PFNYC "partners," in charge of assessing financial damages to NYC, and reconstruction plans for the WTC, obviously "veered" insurance payoffs and additional private equity investments to La s Vegas for the construction of the 9-11 memorial--speciously called the "Veer Towers" in the "New World Center." (Watch PHARMAWHORES, the movie; 1-888-508-4787 .)
Blankfein, the PFNYC Co-Chairman and GS CEO, was barraged with indictments and r ising media infamy regarding Goverment Sachs's conflicting interests effectively demolishing the US economy through the "shorting" of the housing industry--scrutiny suspended by Halliburton's oil rig synchronously exploding most profitably for GS and its CEO.
GS is covertly invested in the Bush-Cheney-linked Halliburton Company according to veteran observers. GS and Halliburton both had massive financial incentives to cause the profitable explosions--the three 9-11 WTC building demolitions, and the most recent "accident" in the Gulf.
The media's gross neglect of the full extent of the crisis obviously supports GS 's damage control and incriminating connections. These include Blankfein's PFNYC Co-Chairman, Rupert Murdoch, and their pernicious influence over the major netw orks and the PFNYC--the world's leading petrochemical-pharmaceutical-biotechnology consortium "profiting from death, disease, and environmental destruction." This unholy alliance best explains the media's aversion to responsible reporting in the Gulf and elsewhere.
Besides Blankfein and Government Sachs backing stock in both BP and Halliburton, another red oil-drenched herring is Peter D. Sutherland--the outgoing Chairman of BP is also the current Non-Executive Chairman of Goldman Sachs International.
The scariest part of this whole story is that Mr. Sutherland, the man standing with one foot in GS, and the other on the burning Halliburton-BP oil rig, is the Consultor of the Extraordinary Section of the Administration of the Patrimony of the Apostolic See. ****In other words, Sutherland is the "chief financial adviser to the Pope". DO YOU STRILL WONDER HOW IT IS THAT THE C C'S CHILD MOLESTERS HAVE AVOIDED PROSECUTION?
In 2010, Mr. Sutherland finished a 13-year stint as Chairman of BP, Europe's lar gest oil company. A former Attorney General of Ireland, he is President of the Federal Trust for Education and Research, a British think tank whose efforts might better be called "corporatist indoctrination" than trustworthy "education." He is Chairman of The Ireland Fund of Great Britain, and a member of the advisory council of Business for New Europe--a pro-New-World-Order European think-tank based in Britain. THIS REVELATION PARTIALLY EXPLAINS WHY IRELAND AND OTHERS WERE SET UP WITH A G-S INSTRUMENT THAT ALLOWED THEM TO BORROW W/O CAPITAL JUST LIKE THE GREEKS.
From 1993-95, Sutherland was the Director-General of the World Trade Organizatio n. In January 2006, the current Non-executive Chairman of Goldman Sachs Internation al, was appointed by United Nations Secretary General, Kofi Annan, as his Special Representative for Migration. Now, ironically, Sutherland's mission impossible is to migrate marine flora and fauna, fisherman, and coastal residents out of harms way in this spreading inter national emergency.
-end- NOTE TO JOURNALISTS:
Sherri Kane, previously a news writer for FOX News in Los Angeles, is a freelanc
e investigative journalist and Co-Founder, with Dr. Leonard G. Horowitz, of Heal
thy World Organization (HWO) currently advancing as an alternative to the duplic
itous World Health Organization (WHO). To request interviews e-mail: info@health
yworldaffiliates.com

---------------
Someone posted this yesterday:
VATICAN BEHIND BP OIL SPILL

[link to www.godlikeproductions.com] http://justoneminute.typepad.com/main/2007/10/barack-related-.html 1.
Environmental Disaster in the Gulf ...
20 posts - 11 authors - Last post: 3 days ago
That Sand berms might retain water that washed over them may have been the

ir.... Oh, and ain't no oil going to England from all of this. ... www.space.com/common/forums/viewtopic.php?f=26&t... - Cached Get more discussion results
2.
Obama's attacks on BP not going down well in the UK
May 8, 2010 ... The east coast of the US will be involved with all their e

co systems and if it gets into the gulf stream as is expected even England will ... hubpages.com/forum/topic/45379 3.
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www.alien-earth.org/forum/message.php?message=67792... - Cached
Get more discussion results

4.
Fear and loathing on the Gulf coast - environment - 28 May 2010 ...
Jun 11, 2010 ... The thing that bothers me is these are the nation's water

s. ... We want to be told what's going on, even if it's bad news. ... The Britis h Petroleum oil spill would now cover 27 percent of England. ... www.newscientist.com/.../dn18978-fear-and-loathing-on-the-gulf-coast.html - Cached 5. On the Gulf Coast, Waiting for a Hurricane - TIME May 5, 2010 ... The last few days on the Gulf of Mexico's coast have been waiting for a hurricane's arrival. ... and we do not take for granted that this is going to be catastrophic. ... south shore to deflect oil-infused water that m ight show up. ... England World Cup Showdown: A Rivalry's History (PHOTOS) ...
www.time.com/time/nation/article/0,8599,1988685,00.html 6. BBC News - Voices: US Gulf coast braces for slick Apr 30, 2010 ... Community and fisheries representatives on the US Gulf co ast tell the BBC of ... They are not going anywhere. Whatever it takes, we are g oing to fight and do all we can to save this community. ... BP faces choppy wate rs after huge oil spill 29 Apr 10 ð@ Americas ... USA take point from England gam e ...
news.bbc.co.uk/2/hi/americas/8653745.stm - Cached 7.
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Oil to Hit ... There will also be people on the shore going up and down the coa st looking for any ... Ireland, England and the West African Coast ...

NOW, PLEASE TIE IN THESE RATHER AWKWARD FACTS- THAT OUR FEDERAL RESERVE IS HEADED AND CHAIRED BY GOLDMAN SACHS FORMER EMPLOYEES AND DESCIPLES OF MASS DECEPTIONS- AKA/ IVY LEAGUER "CHILDREN OF THE SCORN"
PermalinkPermalink 10/01/11 @ 06:55
Comment from: John--- [Visitor] Email
NOW, PLEASE TIE IN THESE RATHER AWKWARD FACTS- THAT OUR FEDERAL RESERVE IS HEADED AND CHAIRED BY GOLDMAN SACHS FORMER EMPLOYEES AND DESCIPLES OF MASS DECEPTIONS- signed, sealed and delivered into policy via elitists" IVY LEAGUER insiders and think/stink tanks of questionable repute aka/ "CHILDREN OF THE SCORN".
PermalinkPermalink 10/01/11 @ 07:32
Comment from: John--- [Visitor] Email
Everyone, please disregard the absent minded meandering section from the point SOMEONE LISTED THIS YESTERDAY within the post listed for you as

Permalink 10/01/11 @ 06:55
PermalinkPermalink 10/01/11 @ 07:38
Comment from: Mike G [Visitor] Email
"MikeG: No. the way I see it is that people follow the marching orders of the marionettes that are hand picked, sponsored and owned by the real powers behind the thrones." John

"NWO has the backing of foreign treasuries which ulitize the money collected from its people against their own best interests." John

"The only thing that separated us from the rest in terms of finances was the ability to climb out of poverty and live with relative comfort. This was afforded by the checks and balances of a supervisory governing body elected by the people, IN OUR BEST INTERESTS." John

John, so I am still struggling with apparent contradictions. You have turned people into puppets of puppets who must rely on our puppet masters to lead us. All I am saying is, to the best of our abilities we need to cut the strings, be more independent, tell them to keep their bailouts and rely on one another. So on the one hand, it is the "supervisory governing body" controlled by the marionettes that is marching us off the cliff and at the same time they are the ones that saved us? My point is, it is "we the people" that must save ourselves, stop looking for that chosen leader that is going to change the system, I don't believe it will happen. Only we can effect real change.

You also need to realize that our leaders let the global Genie out of the bottle and parts of it can never go back. We are competing with other countries and unless we can produce parts and labor as cheaply, we would not be able to afford all exclusively American products. Even still, the end of your post the 8 points you made and the dismantling of the Constitution, for the most part are right on target. I also believe the completion of plan would require a dismantling of our religion as well. A truly global society could not exist with such diverse cultures and beliefs by different nations. I wonder would these same people still follow their marching orders if told to abandon their religion? I wonder if a simple bailout would suffice?

PermalinkPermalink 10/01/11 @ 12:02
Comment from: fred [Visitor]

"My object in life is to dethrone God and destroy capitalism." - Karl Marx

"Destroy the family, you destroy the country." - Lenin

"Education is a weapon whose effects depend on who holds it in his hands and at whom it is aimed." - Stalin
PermalinkPermalink 10/01/11 @ 15:06
Comment from: fred [Visitor]
http://louisproyect.wordpress.com/2011/09/26/what-ever-happened-to-the-american-left-a-reply-to-michael-kazin/
PermalinkPermalink 10/01/11 @ 15:47
Comment from: fred [Visitor]
http://www.youtube.com/watch?v=OCPg8fDYq_Q&feature=player_detailpage
PermalinkPermalink 10/01/11 @ 15:56
Comment from: fred [Visitor]
http://market-ticker.org/akcs-www?singlepost=2714109
PermalinkPermalink 10/01/11 @ 16:01
Comment from: fred [Visitor]
http://www.youtube.com/watch?v=-JNhHg4hhg4&feature=player_detailpage
PermalinkPermalink 10/01/11 @ 16:04
Comment from: Mike G [Visitor] Email
Fred, that is the problem. I can't imagine a big centralized authority in charge, bailing us out and taking care of us and still allowing us the individual freedoms of life, liberty and religion if somehow that conflicts with that authority's plan of what they think is good for the masses. This country was founded on "In God we trust" not government over God. I understand John's posts and agree with government doing their job and curbing the abuses of those with too much power but I stop short of having an entitlement attitude that government needs to take care of me or bail me out. They need to give me the freedom to take care of myself, help those that can't take care of themselves and provide enough military to defend our values from those that want to destroy our way of life.

Furthermore, I do think our system needs fixing but the system is not just government or just capitalism but both working together. And even though the system has failed many, I can't agree with anyone rich or poor that would abuse the system or expect something from it that was never theirs to begin with, as shown in this 4 minute interview:

http://www.youtube.com/watch?v=cSavIWCJiUo&feature=related
PermalinkPermalink 10/01/11 @ 16:32
Comment from: John--- [Visitor] Email
MikeG: Read this article about the "quant trading" instrument employed by GS and facilatated at least in part by top level insiders in government so that you fully understand the pristine logic of my conclusions. "Quant trading" is a can't lose instrument unavailable to anyone else but those in the GS/Carlyle and federal banking cartel. When they win they profit as private industry. When they lose, they stick us with the entire debt that they alone have incurred. Since it was the GS/Carlyle Fed and top level gov't players that set up these elaborate ponzi scheme instruments- it should be "their debt" and "their debt alone" taken from their private wealth that makes good on all that was stolen- whether it be it jobs, homes, pensions or whatever. *Restitution to all that were injured paid in full or face criminal consequences. Period


First the groundwork-

BushFRAUDs, Internal NSA Gestapo Exposed
Goldman Sachs' Doomsday Box
Part 1 and 2

Behind the scenes intelligence briefings ALL Patriot Americans MUST know...the REAL facts and truth the corporate-controlled mainstream media covers up

Explosive Back Breaking News

by Tom Heneghan
"International Intelligence Expert"
subsections-
-TREASONOUS Co-CONSPIRATORS
NSA (National Security Agency), Ft. Meade, Maryland and Goldman Sachs brokerage
- Code name "Stellar Wind" NSA involvement in coverups, etc.


Then the instrument, the method and the utilization and the devastating worldwide impact.


..."We can now report that the criminal brokerage firm Goldman Sachs utilized the NSA to conduct various criminal trading operations from secret offshore trading platforms in India, Pakistan and North Korea.

This trading is called "Quant Trading".

Quant trading occurred utilizing secret NSA software codes that then interfaced with electronic trading platforms overseas, which then allowed the Bush-Clinton Crime Family Syndicate, along with their Federal Reserve enablers, to create false price fluctuation in worldwide stock, commodity and currency transactions, which would then coincide with the electronic order entry of the brokerage firm Goldman Sachs.

In simple definition, folks, the NSA scripted criminal trading operation gave criminal firms like Goldman Sachs and the Federal Reserve Bank of New York a 3-second lead time on placing their trades. This 3-4 seconds allowed criminal firms like Goldman Sachs to be in a no-loose situation while they placed their customers on the opposite side of the transaction 3-4 seconds later.

In other words, folks, the customers of Goldman Sachs were used as stooges and pawns in what is clearly an unprecedented massive Ponzi Scheme enabled by what is commonly known in the brokerage industry as electronic front running.

A device called the "doomsday box", currently in possession of Goldman Sachs, and encrypted with various NSA codes, continues to be used for the purpose of fraudulent electronic trading.

Note: Major stock and commodity discount brokerage firms are currently using Quant trading and electronic front running to steal BILLIONS of dollars from their customers on a daily basis.

This illegal electronic front running is being ignored by Security and Commodity regulators who have been given massive bribes by firms like Goldman Sachs to look the other way, and instead target retail brokerage firms who actually service their clients and have actual knowledge of the industry they are employed in.

The term for this criminal electronic front running is called "Zero Hedging".

Most of what we have brought you so far is illegally classified. Our job in these intelligence briefings is to DE-classify it for you.

We will now continue with more de-classification on the financial espionage."
============

Connect the dots to find out where all of our treasury capital has gone. CHECK OUT ALL OF THE LINKAGES AND "BAGMEN"

PermalinkPermalink 10/01/11 @ 17:56
Comment from: John--- [Visitor] Email


ARCHIVES:

CIA MOONLIGHTS IN THE FINACIAL WORLD-
-By EAMON JAVERS | 2/1/10 12:57 AM EST
http://www.politico.com/news/stories/0110/32290.html
==================
*****BushFRAUDs-
*****Internal NSA Gestapo Exposed-
*****Goldman Sachs' Doomsday Box-
Part 1 and 2
by Tom Heneghan
International Intelligence Expert
July 12, 2009
http://www.stewwebb.com/bushfrauds_internal_nsa_gestapo_exposed_071209.htm
=================
EVERYTHING ON THE GOLDMAN SACHS/CARLYLE FEDS "QUANT TRADING THAT YOU NEED FOR IN DEPTH RESEARCH-
http://search.yahoo.com/search;_ylt=AvXAB.GLhfMI6Z9Sm6jisBObvZx4?p=Quant+trading+Goldman+sachs&toggle=1&cop=mss&ei=UTF-8&fr=yfp-t-366
=================
Is Goldman Sachs CEO Lloyd Blankfein a Liar?
By Larry Doyle
November 19, 2009 at 9:00 AM
http://www.noquarterusa.net/blog/36322/is-lloyd-blankfein-a-liar/
=====================

GOLDMAN SACHS & THE VATICAN- [STRANGE BEDFELLOWS- AND SINASTER TIES, ...INDEED

Goldman Sachs and the Vatican: Two Cultures of Infallibility
By Stephan Richter | Friday, April 23, 2010
http://www.theglobalist.com/storyid.aspx?StoryId=8423
=====================
Can Europe’s debt crisis be contained?
EXCERPT:
"How and when did the crisis originate?

Let's start back in 2001, when 17 European countries scrapped their national currencies and replaced them with the euro. The new "eurozone" bloc permitted some of its economically weaker members to borrow money more cheaply than they 'd been able to do previously, because they benefited from the higher credit ratings of the region's stronger economies.

As a result, many European countries, including Greece and Ireland, began to take on debt.

****(In Greece's case, by the way, this effort was aided by Goldman Sachs, which, for a fee, came up with a clever way to allow Greece to disguise the extent of its borrowing).

END THE GOLDMAN SACHS/CARLYLE FED, STOP THE PILLAGING OF AMERICA- NOW!
PermalinkPermalink 10/01/11 @ 18:36
Comment from: fred [Visitor]
So where is the news John? Six successive presidential admins, both democrat and republican, have done nothing to stem the flow of fraud.

Moreover they seem to help it along.

You know that if a nuclear bomb went off in America tommorrow, 4/5's of the world population would cheer.
PermalinkPermalink 10/01/11 @ 20:04
Comment from: Mike G [Visitor] Email
"Note: Major stock and commodity discount brokerage firms are currently using Quant trading and electronic front running to steal BILLIONS of dollars from their customers on a daily basis." -John

John if these allegations are fact and not hype. If these trading practices are illegal, (unlike legal Corporate loopholes) and fraudulent and more importantly known to the SEC and to our government and they choose to ignore these illegal actions. Then we have a much bigger problem. It would mean our government is hijacked by criminals and not just sometimes incompetent or swayed by lobbyists. I have to think there is another side to the story that is not told here and I will have to find that out on my own.
PermalinkPermalink 10/01/11 @ 20:23
Comment from: fred [Visitor]
"Note: Major stock and commodity discount brokerage firms are currently using Quant trading and electronic front running to steal BILLIONS of dollars from their customers on a daily basis." -John


Lol!
PermalinkPermalink 10/02/11 @ 04:58
Comment from: Mike G [Visitor] Email
"When they win they profit as private industry. When they lose, they stick us with the entire debt that they alone have incurred."-John

Alright, I poked around and did some research on this front running Quant trading and the GS thing. I think I get it. The Quant trading is quantative trading made possible by the computer age. It allows brokers to gain an advantage by knowing certain trends in the market, kind of like counting cards in Black Jack, not terrible. On the other hand, the front running is really cheating, though the SEC has not officilly made it illegal like insider trading. Alledgedly, as the story goes this computer programmer that worked for Sachs and left, downloaded for himself this code that supposedly could be used to mainpulate the markets in unfair ways and GS called the cops. The FBI showed up immediately, afraid it would hurt GS. Sort of like calling the cops because someone took your stolen loot and the cops are on your side.I could envision the government ignoring injustices and playing favorites, especially if they fear bringing down GS would bring down the economy but the rest of that conspiracy stuff like the "doomsday machine" is just too far out there for me.

John, so besides the conspiracy stuff here is how I see things a little differently then you. When they win they win as private industry and often bully their way to extra profits at the INVESTORS expense. When they lose, AND GOVERNMENT BAILS THEM OUT WITH OUR TAXES AND REFUSES TO ADDRESS THE ISSUE FOR THE FUTURE, then GOVERNMENT sticks us with the entire debt. So if I don't like the way my investments are being handled then I can take my money out of the market and stick it in the mattress, I have freedom of choice. However, if I don't like the way my taxes are being spent or wasted, I have no choice but to continue paying.
PermalinkPermalink 10/02/11 @ 23:10
Comment from: John--- [Visitor] Email
fred: ..."So if I don't like the way my investments are being handled then I can take my money out of the market and stick it in the mattress, I have freedom of choice. However, if I don't like the way my taxes are being spent or wasted, I have no choice but to continue paying.

WHOA FRED, HOLD ON FOR A MINUTE AND THINK. I REALLY CAN'T UNDERSTAND WHY YOU STILL AREN'T GETTING IT? IT'S REALLY SIMPLE.
..."So if I don't like the way my investments are being handled then I can take my money out of the market and stick it in the mattress, ... AND PAY THE PERCENTAGE PRICE FOR THE TRANSACTION TO THAT SAME INSTITUTION OR BROKER FOR THE INDIGNITY. JUST THE SAME AS TAXES, YOU RECEIVE NO SATISFACTION, AND "MUST" LOSE EVEN MORE OF YOUR MONEY WHEN YOU DECIDE PERSUE THAT ROOT.


PS. ON THE BRIGHT SIDE, LET ME KNOW WHENEVER YOU WANT TO GET RID OF THAT MATTRESS. DON'T WORRY ABOUT THE BURDEN OF THE EXTRA WEIGHT FROM THE GREEN- UNLIKE YOUR BROKER, I WANT YOU 100% SATISFIED WITH YOUR DECISION. AS AN ADDED INCENTIVE THERE WILL BE ABSOLUTELY NO NO CHANCE AT ALL OF A FEE CHARGE IF THE AMOUNT IS IN EXCESS OF $10,000. - Signed your friendly personal advisor & financial "liquidator" -lmao
PermalinkPermalink 10/03/11 @ 07:49
Comment from: Mike G [Visitor] Email
John, earlier you mixed me up with Mike Q now Fred. That is two opposite sides of the fence. I must be all over the place or truly independent...LOL.

My point about the mattress is no matter what, it is my choice to begin with to invest in the market. I do so because it is normally better then keeping it in the mattress but if I don't like the risk I don't have to continue to invest. Taxes on the other hand are not optional, unless I want to go to jail or I belong to the elite rich with loopholes or the entitlement poor who don't pay anything.
PermalinkPermalink 10/03/11 @ 10:18
Comment from: John--- [Visitor] Email
Taxes are "finite", and limited to a known percentage. For which, you receive certain social protections, and public services some of which are indespensible.
In the stock market, you can lose it all. Placing money into a unknown "rigged" system so that someone else, who can be likened in some respects to a degenerate gambler, can gamble with your money, and "they alone" profitting on both ends, whether you win/ or lose just creeps me out.
Especially, when you have the likes of the GS players, and Carlyle who have been hedging and liquidating against the best interests of their lesser clients and American defenses and treasure for their own insufferable and satiable greed.


Odd isn't it, that when the common man wants to place a wager on a simple 50/50 win lose proposition- the powers that be curse the investment, the investor, and the middle man (bookie) and label it a crime against society and it's mores.
The present stock market with all of its insider trading and delayed "put options" for certain privileged firms is no less unscrupulous- ... especially when those "insiders" or ringers inserted into office begin adding government subsidies to select firms in order to guarantee profit. ...and on the reverse side- employ their power of manipulation to gov't agencies to screw their competitors and every other unwary investor outside their loop.

Goldman's $1billion dollar slap on the wrist with nobody going to jail is a prime example. Enron is another. Victim gets a measly 4%, the bad boys keep their entire booty.



W



PermalinkPermalink 10/03/11 @ 11:11
Comment from: John--- [Visitor] Email
Goldman's $1billion dollar slap on the wrist with nobody going to jail is a prime example. Enron is another. Victims gets a measly 4% return on their criminally expunged losses, the bad boys keep their entire booty.

*Victims of Enron, G-S, and Madoff stock swindles under your premised are guaranteed a "permanent 96% or worse haircut" that will never be returned or compensated by their *legitimized bookies.
Hmmmmm! Knowing those reported documented historical and legal accounts, if I were you based upon the return for your money, ...I'd rather be taxed.




PermalinkPermalink 10/03/11 @ 14:15
Comment from: John--- [Visitor] Email
MikeG: Still happy?

Then take a good hard look at this.
=================
How Offshore Havens Helped Enron Escape Taxes

David Cay Johnston New York Times Service
Friday, January 18, 2002
---------
Enron Corp. paid no income taxes in four of the last five years, *using almost 900 subsidiaries in tax-haven countries and other techniques, an analysis of its financial reports to shareholders shows. **It was also eligible for $382 million in tax refunds from the Treasury. .

***The company used strategies common among U.S. businesses to avoid taxes. It also used some unusual methods, including the creation of 881 subsidiaries abroad, including 692 in the Cayman Islands, 119 in the Turks and Caicos, 43 in Mauritius and eight in Bermuda. ****Two Enron subsidiaries have been accused by a group of insurers of engaging in sham transactions in a tax haven, according to court papers in a New York lawsuit.

Enron is by no means alone in not paying income taxes. A small but growing percentage of large U.S. companies pay no income taxes, a study by Citizens for Tax Justice showed in October 2000. *****The study of half the Fortune 500 companies found that 24 owed no tax in 1998, up from 13 in 1997 and 16 in 1996.
.
While it is common for American companies to create subsidiaries in tax havens abroad, Enron had far more than most other companies, tax experts said.came under attack from the Treasury Department and the Internal Revenue Service during the Clinton administration.
.
The basic technique involves having profits go to a partner not subject to American income taxes, such as a bank in a country that is a tax haven. The partner, after taking its fee, then returns the profits in a form that is recognized as not taxable by American law.

Enron avoided taxes for another big reason: deductions for stock options. When executives exercise stock options the company takes a deduction on its corporate income tax return equal to the profit realized by the executive, even though it is not required to show an expense on its profit-and-loss statement to shareholders. The benefits to the company can be great, particularly if a soaring stock price leads to the exercise of large numbers of options. That was true at Enron when its shares were soaring in 1998 through 2000.
.
It is not clear from Enron's financial reports how much the tax haven operations reduced the company's taxes. But Enron did disclose that deduction for stock options alone turned what would have been a tax bill of $112 million in 2000 into a refund of $287 million.
.
Indeed, Enron paid taxes in only one of the years between 1996 and 2000, while the government paid the company hundreds of millions of dollars in refunds.
.
The analysis of Enron's tax payments was performed by Citizens for Tax Justice, an organization that is backed by labor unions. Its calculations are widely accepted by groups with sharply different views.
.
Mark Palmer, a spokesman for Enron, said Wednesday he was unable to comment on the tax issues. International tax experts said corporations create offshore subsidiaries in tax havens for a variety of legitimate reasons, including keeping profits earned overseas from being taxed in the United States and insulating foreign business partners from U.S. tax law.

1. AND ENRON ONLY REPRESENTED ITSELF, TAKE A GOOD HARD GUESS AT HOW MANY DIFFERENT WAYS AND CORPORATE PRODUCTS A GOLDMAN SACHS OR CARLYLE CAN CREATE, MANIPULATE, AND WALK AWAY FROM IN A BLINK OF AN EYE.

**** PS- ARE YOU KIDDING ME? THE ABILITY TO INSERT PUT OPTIONS *WITH A WHOLE "FOUR SECOND ADVANTAGE" OVER EVERYONE ELSE GUARANTEES THAT YOUR WAGER IS WINNER EACH AND EVERY SINGLE TIME. Wake up, Mike.


PermalinkPermalink 10/03/11 @ 14:44
Comment from: Mike G [Visitor] Email
"Taxes are "finite", and limited to a known percentage. For which, you receive certain social protections, and public services some of which are indespensible. In the stock market, you can lose it all." -John

"*Victims of Enron, G-S, and Madoff stock swindles under your premised are guaranteed a "permanent 96% or worse haircut" that will never be returned or compensated by their *legitimized bookies.Hmmmmm! Knowing those reported documented historical and legal accounts, if I were you based upon the return for your money, ...I'd rather be taxed." -John

Finite? How finite? I say most people pay much more in overall taxes then they do investing in the stock market. Isn't it wonderful that we can choose not to invest in the stock market? That is our choice not to risk our money. Yet with government we have no choice, we must invest in an entity that cannot balance it's books, that is 14 trillion dollars in debt, that spends it on illegal Wars and then leaves a small amount left over for the needy. The government I have experienced in the past decade or so has not been a sure thing like you might think it is. Sure the stock market is a gamble and its a bigger gamble if we speculate to try and make it rich, go after too good to be true and put all our eggs in one basket rather then diversify and invest for the long term. The reason so many CHOOSE to invest in 401k equities is because history has proven over the long term the stock market is safer and more profitable then just sticking all of your money in the bank or under the mattress. Will that continue in the future? I don't know but if Corporations lose everything and the stock market were to drop 96% then don't expect the government to pick you up. Don't you know that government is fueled by business and without business we truly lose it all.
PermalinkPermalink 10/03/11 @ 16:03
Comment from: John--- [Visitor] Email
MikeG: Mike it is truly exceptional how you have managed to try to exonerate the Enron's [aka/ big oil], G-S and Carlyle criminal empire that has been infused by certain powers that be and infiltrates every fiber of our nations finance and businesses daily activities and hinders any other competitors fair and equal progression under this system.

Whole companies and their employees need not suffer when justice is meted out to the criminal element and their shadow board facilitators who conveniently have almost always conveniently ducked behind the tagline "I was not aware". What are they paid for anyway? Do you really believe that these ponzi scheme instruments are not approved from on high? Get real!
... but the criminals and the criminally negligent should not only lose every cent of their fortunes, they should also at the very least forfeit every penny that they earn going forward above minimum wage in return for their continued freedom.
That ought to be sufficient incentive to insure that feduiciary obligation to every one of their enablers is applied across the board.

Approve this as a viable option ___yes ___no
PermalinkPermalink 10/03/11 @ 16:35
Comment from: fred [Visitor]
Front running is illegal. It is insider information.

John, For years now, you have been sitting behind your keyboard railing against big corporations and the republicans who back them up.

There is somthing wrong with you.
PermalinkPermalink 10/03/11 @ 19:12
Comment from: Mike G [Visitor] Email
"MikeG: Mike it is truly exceptional how you have managed to try to exonerate the Enron's [aka/ big oil], G-S and Carlyle criminal empire that has been infused by certain powers that be and infiltrates every fiber of our nations finance and businesses daily activities and hinders any other competitors fair and equal progression under this system." -John

John, relax man. You are reading way too much into everything. My statements were basic and in general terms, that we invest in the stock market by choice and that we need business in America because we can't all work or rely on the government. You have infused much more into this then I was referencing in my comments but since you did, I will offer my frank opinion.

I don’t have the power to exonerate nor condemn. Anyone in business or government, in authority or a citizen of this country or outside this country who steals, cheats or hurts another human being should be held accountable for their crimes and for those they harm. We are not judge and jury but I would hope our justice system would deal out proper punishment accordingly. However, the over reaching extent of that harm is your firm belief and has been your battle cry for some time now and I respect your opinion. And while I recognize to a certain degree that some very wrong things are and have been committed by some in business and in government, I am not convinced of the overall extent of that evil, to the degree you believe it is taking place.
PermalinkPermalink 10/03/11 @ 19:17
Comment from: John--- [Visitor] Email
Mike: "My statements were basic and in general terms, that we invest in the stock market "by choice" and that we need business in America because we can't all work or rely on the government. CHOICE??? THERE ISN'T ANY CHOICE, ANYMORE. WHEN THEY CAN'T GET INVESTORS JUST AS THEY HAVE NOW- THEY'VE COOKED THE BOOKS THAT IDENTIFY THE THEFTS FROM THE SSI RESERVES SO THAT THEY CAN FREAK OUT PEOPLE AND GOAD THEM INTO BUYING INTO PRIVATIZED ACCOUNTS. WITHOUT REGULATION ALL WE CAN EXCEPT FROM THEM IS MORE OF THE SAME...
PONZI SCHEMES, BUBBLES, AND COLLATERAL VANISHING INTO THE THIN AIR TWILIGHT ZONE OF DERIVATIVES.
So again, which is it. Choice or designed reprogramming via MSM propaganda?


You can't wish them away by clicking your golden slippers. THEY LIVE! [See the B rated movie parody.]



On November 21, 1933, President Franklin Roosevelt wrote a letter to Col. Edward Mandell House, President Woodrow Wilson's close advisor:

"The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson... "

That there is such a thing as a cabal of power brokers who control government behind the scenes has been detailed several times in this century by credible sources. Professor Carroll Quigley was Bill Clinton's mentor at Georgetown University. President Clinton has publicly paid homage to the influence Professor Quigley had on his life. In Quigley's magnum opus Tragedy and Hope (1966), he states:

"There does exist and has existed for a generation, an international ... network which operates, to some extent, in the way the radical right believes the Communists act. In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies... but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known."

Even talk show host Rush Limbaugh, an outspoken critic of anyone claiming a push for global government, said on his February 7, 1995 program:

"You see, if you amount to anything in Washington these days, it is because you have been plucked or handpicked from an Ivy League school -- Harvard, Yale, Kennedy School of Government -- you've shown an aptitude to be a good Ivy League type, and so you're plucked so-to-speak, and you are assigned success. You are assigned a certain role in government somewhere, and then your success is monitored and tracked, and you go where the pluckers and the handpickers can put you."

On May 4, 1993, Council on Foreign Relations (CFR) president Leslie Gelb said on The Charlie Rose Show that:

"... you [Charlie Rose] had me on [before] to talk about the New World Order! I talk about it all the time. It's one world now. The Council [CFR] can find, nurture, and begin to put people in the kinds of jobs this country needs. And that's going to be one of the major enterprises of the Council under me."
-----------
Agenda of CFR repeated:
July, 1948 -- Britain's Sir Harold Butler, in the CFR's Foreign Affairs, sees "a New World Order" taking shape:

"How far can the life of nations, which for centuries have thought of themselves as distinct and unique, be merged with the life of other nations? How far are they prepared to sacrifice a part of their sovereignty without which there can be no effective economic or political union?... Out of the prevailing confusion a new world is taking shape... which may point the way toward the new order... That will be the beginning of a real United Nations, no longer crippled by a split personality...
-----
AGAIN!
federal use.

February 9, 1950 -- The Senate Foreign Relations Subcommittee introduces Senate Concurrent Resolution 66 which begins:

"Whereas, in order to achieve universal peace and justice, the present Charter of the United Nations should be changed to provide a true world government constitution."

The resolution was first introduced in the Senate on September 13, 1949 by Senator Glen Taylor (D-Idaho). Senator Alexander Wiley (R-Wisconsin) called it "a consummation devoutly to be wished for" and said, "I understand your proposition is either change the United Nations, or change or create, by a separate convention, a world order." Senator Taylor later stated:

"We would have to ---> sacrifice considerable sovereignty to the world organization [THE IMF] to enable them to levy taxes in their own right to support themselves". * YEAH, THAT'S RIGHT. THE IMF BORROWS OR TAKES MONEY OUT OF OUR POCKETS FOR GLOBALISM W/O OUR CONSENT AND HAS ADDED AT LEAST A FEW TRILLION TO OUR DEFICIT, WHICH AGAIN HAS US PAYING INTEREST TO THAT COLLUSIONARY CARTEL OF PRIVATE BANKERS WHO ARE DEAD SET ON BREAKING OUR BACKS AND GOV'T STRUCTURE IN THE PROCESS- IN ORDER TO SET UP THEIR OWN PRIVATIZED MONETARIZED NWO.
HMMMMM! SOMETHING FISHY HERE?
================
WHAT DID AARON RUSSO SAY THE GAMEPLAN AND AGENDA OF THE CFR WAS WHEN THEY ATTEMPTED TO RECRUIT HIM GOING INTO THE YEAR 2000, MIKE?
EVEN IF YOU DIDN'T WANT TO BELIEVE IT WHEN IT WAS FIRST POSTED THE MAN EVEN TOLD YOU "STEP BY STEP" HOW THEY WERE GOING TO DO IT.

1. WARS TO NOWHERE NEVER KNOWING THE ENEMY.
2. BREAKING THE SYSTEM AND BANKERS FORCING US TO GO TO A PAPERLESS ECONOMY UNDER FULL CONTROLS OF SELECT PRIVATE BANKERS.
3. BREAKING DOWN THE FAMILY UNIT THROUGH SAME SEX REORIENTATION AND ABSENT PARENTING AGENDAS.
4. EDUCATION??? ONLY FOR THE RICH...

This you see happening right before your eyes and yet you cling to that same notion that Niemold had in Germany that these guys will never decide to come for what you perceive to be your rightful earnings.
Standing aloof and alone while the rest of the middle class is dismantled what chance will the few in the lower echelon of the upper 2% have when the NWO machine craves for more?

PermalinkPermalink 10/03/11 @ 22:53
Comment from: John--- [Visitor] Email
Edit this sentence from first paragrapgh

WITHOUT REGULATION ALL WE CAN expect FROM THEM, IS MORE OF THE SAME...

...and yes Mike not all of the banks bankers and those manning our financials are complicit, but the ones who are set the table in their favor and are pretty much in full control of our nations currency via their close ties to the Feds 0% interest window. That alone puts everyone else at a very distinct disadvantage. Afraid to contest or bite the hand that can crush them whether it be alone oriunder the cleverly disguised cloaking of government.


PermalinkPermalink 10/03/11 @ 23:05
Comment from: fred [Visitor]


“This institution (privately-owned central banks) is one of the most deadly hostility against the principles of our Constitution…suppose a series of emergencies should occur…an institution like this…in a critical moment might overthrow the government.” – Thomas Jefferson, December 1803 letter to Treasury Secretary, Albert Gallatin.

“The treasury, lacking confidence in the country, delivered itself bound hand and foot to bold and bankrupt adventurers and bankers pretending to have money, whom it could have crushed at any moment…These jugglers were at the feet of government. For it was not, any confidence in their frothy bubbles, but the lack of all other money, which induced…people to take their paper…We are now without any common measure of value of property, and private fortunes are up or down at the will of the worst of our citizens…As little seems to be known of the principles of political economy as if nothing had ever been written or practiced on the subject.” – Thomas Jefferson, October 1815 letter to Gallatin. Letters and Addresses, edit. William Parker, (New York: 1905.

“I have no hesitation to say if they can re-charter the bank (2nd Bank of the US – a privately-owned central bank) with this hydra of corruption they will rule the nation and its charter will be perpetual and its corrupting influence destroy the liberty of our country. When I came into this administration…I had a majority of 75. since then it is now believed it (the bank) has bought over by loans, discounts, etc until…there were 2/3 for re-chartering it.” – President Andrew Jackson, April 7, 1833 letter to R. H. M. Cryer. Ralph Catterall, The 2nd Bank of the U.S., (Univ. of Chicago Press, 1902.

After President Jackson vetoed Congress’ re-charter the 2nd Bank of the US and paid-off the national debt, President Van Buren was confident the goal of defending the US from a privately-owned central bank was won: “The practice of funding the public debt…has long been discontinued…A National Bank has become a completely ‘obsolete idea’ among us, as thoroughly condemned in public opinion as a national debt.” – Catterall, p. 431.

“Why then should we go into Wall Street, State Street, Chestnut Street, or any other street, begging for money? Their money (private bank’s) is not as secure as Government money…I am unwilling that this government should be left in the hands of any class of men, bankers or moneylenders, however respectable or patriotic they may be. The Government is much stronger than any of them.” – Congressman E. G. Spaulding, 1862 speech to Congress in favor of issuing Greenbacks to pay for the Civil War rather than government borrowing. E. G. Spaulding, A Resource of War, (repr. CN: Greenwood, 1971), p. 37.

“The bankers will favor a course of special legislation to increase their power…They will never cease to ask for more, …so long as there is more that can be wrung from the toiling masses of the American People…The struggle with this money power has been going on from the beginning of the history of this country.” – Peter Cooper, open letter to President Grant, June 1, 1877.

“We say in our platform that we believe that the right to coin and issue money is a function of government. We believe it. We believe that it is a part of sovereignty, and can no more with safety be delegated to private individuals than we could afford to delegate to private individuals the power to make penal statutes or levy taxes…Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank, and that the government ought to go out of the banking business. I stand with Jefferson rather than with them, and tell them, as he did, that the issue of money is a function of government, and that the banks ought to go out of the governing business… When we have restored the money of the Constitution, all other reform will be possible, but until this is done there is no other reform that can be accomplished." – William Jennings Bryan, Cross of Gold Speech, 1896. http://en.wikisource.org/wiki/Cross_of_Gold_Speech .

"The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen....At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties." New York City Mayor John F. Hylan, 1922. http://en.wikipedia.org/wiki/John_Hylan

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson — and I am not wholly excepting the Administration of W.W. (Woodrow Wilson). The country is going through a repetition of Jackson's fight with the Bank of the United States — only on a far bigger and broader basis.” - Franklin Roosevelt, letter to Col. Edward Mandell House (21 November 1933); as quoted in F.D.R.: His Personal Letters, 1928-1945, edited by Elliott Roosevelt (New York: Duell, Sloan and Pearce, 1950), pg. 373.

"The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market....The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank." Curtis Dall (FDR's son-in-law), My Exploited Father-in-Law, 1967.

“When our Federal Government, that has the exclusive power to create money, creates that money and then goes into the open market and borrows it and pays interest for the use of its own money, it occurs to me that that is going too far. I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money... The Constitution of the United States does not give the banks the power to create money. The Constitution says that Congress shall have the power to create money, but now, under our system, we will sell bonds to commercial banks and obtain credit from those banks. I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with this Congress for sitting idly by and permitting such an idiotic system to continue. I make that statement after years of study.” - Wright Patman, Representative in the U.S. Congress from 1929 to his death on March 7, 1976, and chairman of the House Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913. Quote from excerpts from September 29, 1941, as reported in the Congressional Record of the House of Representatives (pages 7582-7583).

PermalinkPermalink 10/04/11 @ 03:01
Comment from: Mike G [Visitor] Email
"CHOICE??? THERE ISN'T ANY CHOICE, ANYMORE. WHEN THEY CAN'T GET INVESTORS JUST AS THEY HAVE NOW- THEY'VE COOKED THE BOOKS THAT IDENTIFY THE THEFTS FROM THE SSI RESERVES SO THAT THEY CAN FREAK OUT PEOPLE AND GOAD THEM INTO BUYING INTO PRIVATIZED ACCOUNTS." John

It's like we are talking two different languages. I state one thing and you response with something totally unrelated.

So I understand what you are stating that the game is rigged, that those running the game have an unfair advantage, that we should have a better return on our investment, that some in power want to rule the world and by doing so are hurting us and the economy. I understand that and for the most part agree.

However, here AGAIN is my point. We the people STILL live in a nation where we can CHOOSE to invest our money in the stock market, in the bank or even in the mattress. That fact alone means we have CHOICE. So NOT having choice would mean we give it all to the government and let them decide what to do with it. I think as a people and as a nation, we would be WORSE off and I would NOT support letting the government decide what to do with my money.

How many ways do I have to skin this cat? Simple decision, give it to government or let me decide. I CHOOSE let ME decide and I think I am better off then letting government decide.
PermalinkPermalink 10/04/11 @ 13:13
Comment from: fred [Visitor]
G:

You may have some control over the quantity of your money. However you have zero control over the 'value' of your money.














PermalinkPermalink 10/04/11 @ 14:36
Comment from: Gail [Visitor] Email
A/K/A HARASSMENT, SLANDER AND LIBEL, ASSAULT, AND MURDER, DEPENDING ON THE DEGREE.

"Bullying" is a new label, a new category for an old crime(s), regardless of who it is inflicted on.
PermalinkPermalink 10/04/11 @ 16:46
Comment from: Gail [Visitor] Email
A/K/A HARASSMENT, SLANDER AND LIBEL, ASSAULT, AND MURDER, DEPENDING ON THE DEGREE.

"Bullying" is a new label, a new category for an old crime(s), regardless of who, or where, it is inflicted on.
PermalinkPermalink 10/04/11 @ 16:47
Comment from: Mike G [Visitor] Email
"You may have some control over the quantity of your money. However you have zero control over the 'value' of your money."

Fred, now that is something I understand! However, we can still decide as individuals as to what we consider to be the safest or the best investments for us, although we have no real control over those investments. After all, what is money? It is a piece of paper, that is given to us in exchange for our labor or in place of something of value. If the powers that be or our economic conditions turn our money into worthless pieces of paper, then no matter where we invest it, it is worthless. A man's life long fruits of his labor could go to waste. A man with 10 million dollars would be equal to the man with 10 dollars. The saver would be the fool and the wasteful spender the wise. There is more evil out there then front running, the shrinking value of the dollar is the true "doomsday machine".

I suppose there is a better way:

“Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. - Matthew 6, 19-21
PermalinkPermalink 10/04/11 @ 17:07
Comment from: Gail [Visitor] Email
Wall Street protests are nationwide, including LOCALLY, AND NOT JUST THE LARGE CORPORATIONS.


LOCALLY, THE ICE CREAM PARLOR SELLS SUNDAES WITH A HALF, I REPEAT--A HALF OF A CHERRY ON TOP AND IS SO STINGY WITH THE WHIP CREAM--EXTRA, EXTRA MONEY.

THAT IS AMERICA TODAY--A HALF A CHERRY AND VERY LITTLE WHIP CREAM.

SHOULD BE AN EMBARASSMENT TO THE ICE CREAM PARLOR OWNER.

REMEMBER WHEN AN AMERICAN HAD PRIDE--SEVERAL WHOLE CHERRIES AND LOTS OF WHIP CREAM? TODAY IT IS PORTION CONTROL, AND ANOTHER EXAMPLE, THE FARMERS TODAY WEIGH THE APPLES AND SELL THEM BY THE POUND, AS WELL AS OTHER PRODUCE, E.G., LETTUCE WHICH USE TO BE SOLD BY THE HEAD REGARDLESS OF SIZE.

YEARS AGO THE LOCALS NEVER PAID FOR APPLES HERE. TODAY THEY ARE WEIGHED BY THE POUND.

MONEY! MONEY! GREED!


THE LOCAL FARMERS USE TO DUMP THE CORN OR APPLES IN A BIN IN THE GROCERY STORE--TODAY, EACH EAR OF CORN OR APPLE IS STRETEGICALLY PLACED AND LINED UP--HILARIOUS! NUTS!
PermalinkPermalink 10/04/11 @ 17:08
Comment from: Gail [Visitor] Email
RNN,



What's up with the message board and reading the comments on air?

More colorful and exciting!
PermalinkPermalink 10/04/11 @ 17:10
Comment from: fred [Visitor]
Tobias committed the sins and his neighbor received the punishment.

PermalinkPermalink 10/04/11 @ 18:19
THIS IS NOT AMERICA! Watch!!! Read each caption. Join the fight! Protect your freedom.

http://search.yahoo.com/search?ei=utf-8&fr=slv8-ushdl&p=youtube%20this%20is%20not%20america&type=

----------------
Take the first step!
Sign the petition.

getmoneyout.com
PermalinkPermalink 10/05/11 @ 16:39
U.S. bank profits have been rising steadily for more than a year, but the recovery may be losing momentum due to weak loan demand and low lending rates.

For many of the biggest banks, earnings are likely to fall in the third quarter, dragged down by investment banking businesses like trading and underwriting. And the tough environment for traditional businesses like lending is only making things worse, analysts said.

"Some big banks are in the position where they are going to have to make the case to investors that they can turn things around," said Kathleen Shanley, a financial services analyst at Gimme Credit LLC in Chicago.

Analysts estimate that financial companies in the Standard & Poor's 500 index will report third-quarter earnings only 3.9 percent higher than a year earlier, instead of the 14.6 percent increase they forecast on August 1, according to Thomson Reuters Proprietary Research.

For example, Bank of America Corp is under pressure to show how it will weather problems remaining with its home mortgage assets, and Morgan Stanley will need to show how its globally connected, investment-banking-heavy business portfolio can hold up amid the European debt crisis, Shanley said.

The dark cloud over the world economy from the trouble in Europe is feeding doubts about bank profits as well.

As of Tuesday, earnings estimates for Bank of America had fallen to 19 cents a share from 27 cents on August 1.

Worse, Goldman Sachs Group is expected to report 77 cents a share, just one-fourth of the $2.98 estimated August 1.

The first big bank to post results will be JPMorgan Chase & Co, which reports on October 13. Analysts expect earnings of 98 cents a share, down 3 percent from a year earlier and down 22 percent from estimates on August 1.

JPMorgan's head of investment banking, Jes Staley, said at a conference last month that third-quarter trading revenue was running 30 percent below a year earlier, and investment banking fees were likely to fall by about 50 percent.

Lower long-term interest rates engineered by the Federal Reserve are compressing margins from lending, which was a factor in a recent decision by analysts at investment bank Keefe, Bruyette & Woods to cut 2011 estimates for nearly half of the banks they cover.

"We're now in the reality of this lower yield curve," said Jefferson Harralson, a bank analyst at the firm, referring to the narrowing gap between long-term rates and short-term rates, often used as a proxy for bank lending profits before credit costs.

Add to that weak customer demand for borrowing, and revenues are being squeezed to the point that bank executives will be pressed in earnings conference calls to show that they are effectively cutting costs, said Harralson.

"They have to take action to generate anything close to an acceptable return," he said.

Quarterly profits for the U.S. banking system have been rising, compared with a year earlier, since the first quarter of 2010. But in this year's second quarter they slipped to $28.8 billion from $28.9 billion in the first quarter, according to the Federal Deposit Insurance Corp.

To be sure, analysts have only postponed their forecasts for a rebound in bank profits. They estimate that 2012 earnings will rise 31.2 percent from 2011, according to Thomson Reuters Proprietary Research.

FEWER DEALS, LESS TRADING REVENUE

With market turmoil spoiling corporate appetites for deals, global fees for underwriting stocks and bonds fell by more than 35 percent in the third quarter from a year earlier, according to data from Thomson Reuters Deals Intelligence. Fees for work on mergers declined by 8 percent.

The drops compared with the second quarter of this year were worse, with all investment banking fees down by 37 percent.

Bank stocks in the KBW Index lost 23.6 percent from the end of July through Tuesday.

Analysts will also be pressing banks to say exactly how they will replace revenue lost to a new law limiting how much they can charge merchants for taking debit cards. Expect a lot of talk in the calls about service charges, said Harralson.

The third-quarter pain will be mitigated by another round of so-called reserve releases. The releases lift earnings when banks reverse expenses taken for loans that did not go bad. The releases will contribute 20 percent of earnings per share for banks this quarter, Harralson estimated.

It will be the sixth consecutive quarter that reversals add to reported bank earnings. But the boost will be down from 29 percent in the second quarter and will continue shrinking in coming quarters, Harralson said.



http://news.yahoo.com/u-banks-recovery-fading-170656851.html
PermalinkPermalink 10/05/11 @ 17:05
Comment from: John--- [Visitor] Email
Luke 17 (KJV)
"And when he was demanded of the Pharisees, when the kingdom of God should come, he answered them and said, The kingdom of God cometh not with observation: Neither shall they say, Lo here! or, lo there! for, behold, the kingdom of God is "within you".
PermalinkPermalink 10/05/11 @ 19:03
Comment from: Mike G [Visitor] Email
"THIS IS NOT AMERICA! Watch!!! Read each caption. Join the fight! Protect your freedom."

Caption from Video:
"Evil, sin and sinful men must be opposed. God commands those who are good, not just to avoid evil but actively oppose it."

Who on Earth has the authority to determine who is sinful, who is evil and who is good? Doesn't God command sinful man, to look within their own heart for sin? "Forgive us our trespasses, as we forgive those who trespass against us and lead us not into temptation but deliver us from evil" So according to the caption we either join the fight and somehow belong to "good" or do nothing and be lumped in with the evil.

"As it is written: There is no one righteous, not even one; there is no one who understands; there is no one who seeks God. All have turned way,they have together become worthless;there is no one who does good, not even one.” Roman 3, 10-12

Caption from the video:
"As long as you put politics, religion, race and individuals beliefs you will always be divided to be weakened to your demise."

Okay now I get it, they require a bunch of drones, who don't think for themselves and follow or be destroyed. No thanks, that is not my America. I will stick to my individual beliefs and my Christianity. That is protecting my freedom! They prefer unity for their cause, over Christianity. So who is evil?

Sorry John,lets fight excess and corruption but in my opinion, this video's underlying message is that of a false gospel.
PermalinkPermalink 10/05/11 @ 19:28
Comment from: John--- [Visitor] Email
Perry raises $17 million, Paul $8 million

By KASIE HUNT and PHILIP ELLIOTT
Associated Press

WASHINGTON (AP) -- Republican Rick Perry raised more than $17 million in his first seven weeks running for president, a large haul that helps cement his status as the top alternative to rival Mitt Romney despite the Texas governor's recent campaign struggles.

GOP opponent Ron Paul, the Texas congressman who is a favorite of libertarians, brought in $8 million and, in doing so, proved that he's in the race for the long-haul even though he hasn't been able to break into the top tier of candidates in national polling.

"We're not competing with people who can wave a magic wand and get money from the big donors," Paul said.

"All donors are not equal, you know. I will take my smaller donations with the enthusiasm of the people who send me the money," he later said of his fervent supporters.

PermalinkPermalink 10/06/11 @ 02:17
Comment from: John--- [Visitor] Email
MikeG: What the heck are you talking about? Video is a false gospel? Does one mistatement within an entire body of work negate everything else we know has occured, that is to our detriment as hard working, proud and independent people?
Spoken like a true Fox News Republican talking head there, Mike. Kindly take off the sheep clothing and take your seat with the rest of the congregation of Shylocks.
No, no, no. It is an accurate depiction of what has happen to our nation ever since the NWO crowd took the travesty of 9/11 as a signal from Bush Jr when mumbled these infamous words so articulately- ... "the America as you have known it, is gone- forever.

As far as the sentence goes, you take it way, way to far in placating those who haven't paid a dime relative to their present permanent welfare status courtesy of the 99% who are suffering.
If the word "evil" is what gets your goat get over it. How about inserting the words "wrong headed" or "mean spirited"?
Never thought that you would cling on to the samae old fiscal insanitys that almost buried our entire nation under it's debts- like Scrooge from a Christmas Carol or J R Tolkiens Gollum.

Bailing out the "global" banks and "select" financials and relieving them of "their" debts, cost us the 99% well over $3.1trillion dollars in doled out "welfare".Obama's stimulus was $780b of which, another 300-400B went directly to these same bankers and financials. They are now gloating that they have in their possession $2.3trillion dollars as if they earned it by wise and prudent investments.
Bullshit!~ they stole it, plain and simple from each and every homeowner. Stole it by colluding with Wall St market price fixers. Devalued the values of homes in this country by a full 33% nationwide. Did not lend the $400b that they promised would stabilize neighborhoods in stopping foreclosures. Not to mention that they themselves wouldn't be in business at all, if we applied the same rationale and stingent anti-socialist rhetoric you gripe about in your consistant rants pertaining to the auto industry.
Today our auto industry is solvent, if not vibrant when compoared to mostr industries. It is also American, not sold out to the Jaspanese, Koreans or the Euro's. It employs Americans more and more each day. Today it mentioned that plants would be returning from Korea and Japan.

NEWS FLASH- Obama's jobs bill to be fully paid by taxing "only" those making over a million dollars, just as was suggested here many times over the course of the past 5yrs.



PermalinkPermalink 10/06/11 @ 03:04
Comment from: