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-   -   major malfunction....... (http://www.fishingbanter.com/showthread.php?t=33406)

~^ beancounter ~^ March 2nd, 2009 05:28 PM

major malfunction.......
 
dems have been had w/this idiot....

every time he opens his mouth, the markets tank.....

-----snip------------------------

" Obama Will Agree to 9,000 Earmarks " - AKA: " MORE PORK "

Sunday, March 1, 2009 6:34 PM

President Barack Obama is set to sign a $410 billion spending bill
with some 9,000
earmarks — a practice he repeatedly criticized on the campaign trail
last year.

Dismissing the congressional pork as “last year’s business,’’ White
House chief of
staff Rahm Emanuel said Sunday that the president wasn’t happy with
the earmarks.
But, Emanuel said, Obama would nevertheless sign the bill.

Republicans criticized the increased spending and the abundance of
earmarks, which
account for $3.8 billion of the omnibus.



~^ beancounter ~^ March 3rd, 2009 05:43 PM

major malfunction.......
 

what's hussein hiding and why?


---------------wall street jrnl news snip----------------------
As 2009 opened, three weeks before Barack Obama took office, the Dow
Jones Industrial Average closed at 9034 on January 2, its highest
level since the autumn panic. Yesterday the Dow fell another 4.24% to
6763, for an overall decline of 25% in two months and to its lowest
level since 1997. The dismaying message here is that President Obama's
policies have become part of the economy's problem.

Americans have welcomed the Obama era in the same spirit of hope the
President campaigned on. But after five weeks in office, it's become
clear that Mr. Obama's policies are slowing, if not stopping, what
would otherwise be the normal process of economic recovery. From
punishing business to squandering scarce national public resources,
Team Obama is creating more uncertainty and less confidence -- and
thus a longer period of recession or subpar growth.

The Democrats who now run Washington don't want to hear this, because
they benefit from blaming all bad economic news on President Bush. And
Mr. Obama has inherited an unusual recession deepened by credit
problems, both of which will take time to climb out of. But it's also
true that the economy has fallen far enough, and long enough, that
much of the excess that led to recession is being worked off. Already
15 months old, the current recession will soon match the average
length -- and average job loss -- of the last three postwar downturns.
What goes down will come up -- unless destructive policies interfere
with the sources of potential recovery.

And those sources have been forming for some time. The price of oil
and other commodities have fallen by two-thirds since their 2008
summer peak, which has the effect of a major tax cut. The world is
awash in liquidity, thanks to monetary ease by the Federal Reserve and
other central banks. Monetary policy operates with a lag, but last
year's easing will eventually stir economic activity.

Housing prices have fallen 27% from their Case-Shiller peak, or some
two-thirds of the way back to their historical trend. While still
high, credit spreads are far from their peaks during the panic, and
corporate borrowers are again able to tap the credit markets. As
equities were signaling with their late 2008 rally and January top,
growth should under normal circumstances begin to appear in the second
half of this year.

So what has happened in the last two months? The economy has received
no great new outside shock. Exchange rates and other prices have been
stable, and there are no security crises of note. The reality of a
sharp recession has been known and built into stock prices since last
year's fourth quarter.

What is new is the unveiling of Mr. Obama's agenda and his approach to
governance. Every new President has a finite stock of capital --
financial and political -- to deploy, and amid recession Mr. Obama has
more than most. But one negative revelation has been the way he has
chosen to spend his scarce resources on income transfers rather than
growth promotion. Most of his "stimulus" spending was devoted to
social programs, rather than public works, and nearly all of the tax
cuts were devoted to income maintenance rather than to improving
incentives to work or invest.

His Treasury has been making a similar mistake with its financial
bailout plans. The banking system needs to work through its losses,
and one necessary use of public capital is to assist in burning down
those bad assets as fast as possible. Yet most of Team Obama's
ministrations so far have gone toward triage and life support, rather
than repair and recovery.

AIG yesterday received its fourth "rescue," including $70 billion in
Troubled Asset Relief Program cash, without any clear business
direction. (See here.) Citigroup's restructuring last week added not a
dollar of new capital, and also no clear direction. Perhaps the
imminent Treasury "stress tests" will clear the decks, but until they
do the banks are all living in fear of becoming the next AIG. All of
this squanders public money that could better go toward burning down
bank debt.

The market has notably plunged since Mr. Obama introduced his budget
last week, and that should be no surprise. The document was a
declaration of hostility toward capitalists across the economy. Health-
care stocks have dived on fears of new government mandates and price
controls. Private lenders to students have been told they're no longer
wanted. Anyone who uses carbon energy has been warned to expect a huge
tax increase from cap and trade. And every risk-taker and investor now
knows that another tax increase will slam the economy in 2011, unless
Mr. Obama lets Speaker Nancy Pelosi impose one even earlier.

Meanwhile, Congress demands more bank lending even as it assails
lenders and threatens to let judges rewrite mortgage contracts. The
powers in Congress -- unrebuked by Mr. Obama -- are ridiculing and
punishing the very capitalists who are essential to a sustainable
recovery. The result has been a capital strike, and the return of the
fear from last year that we could face a far deeper downturn. This is
no way to nurture a wounded economy back to health.

Listening to Mr. Obama and his chief of staff, Rahm Emanuel, on the
weekend, we couldn't help but wonder if they appreciate any of this.
They seem preoccupied with going to the barricades against Republicans
who wield little power, or picking a fight with Rush Limbaugh, as if
this is the kind of economic leadership Americans want.

Perhaps they're reading the polls and figure they have two or three
years before voters stop blaming Republicans and Mr. Bush for the
economy. Even if that's right in the long run, in the meantime their
assault on business and investors is delaying a recovery and ensuring
that the expansion will be weaker than it should be when it finally
does arrive

~^ beancounter ~^ March 5th, 2009 07:06 PM

major malfunction.......
 
everytime this jackass opens his mouth, or comes up
with a new plan the markets tank.....interesting....

~^ beancounter ~^ March 6th, 2009 10:39 PM

major malfunction.......
 
what a ****' tard....

------news snip-------------

Caracas - Venezuelan President Hugo Chavez on Friday called upon US
President Barack Hussein Obama to follow the path to socialism, which
he termed
as the "only" way out of the global recession. "Come with us, align
yourself,
come with us on the road to socialism. This is the only path. Imagine
a
socialist revolution in the United States," Chavez told a group of
workers
in the southern Venezuelan state of Bolivar.

~^ beancounter ~^ March 7th, 2009 09:18 PM

potus - security threat .......
 
http://online.wsj.com/article/SB123629969453946717.html

security threat to economies around the world.....imho......
thanx dem's.......a job well done.......................NOT.......

~^ beancounter ~^ March 8th, 2009 02:34 PM

major malfunction.......
 
"You cannot legislate the poor into freedom by legislating the wealthy
out of freedom.
What one person receives without working for, another person must work
for without
receiving. The government cannot give to anybody anything that the
government does
not first take from somebody else. When half of the people get the
idea that they do
not have to work because the other half is going to take care of them,
and when the
other half gets the idea that it does no good to work because somebody
else is going
to get what they work for, that my dear friend, is about the end of
any nation. You
cannot multiply wealth by dividing it."

~~~~~ Dr. Adrian Rogers, 1931 - 2005 ~~~~~








On Feb 10, 3:56*pm, "~^ beancounter ~^" wrote:
hussein obama ****s up again.......

Stocks slumped today, with the Dow ending at a 3-month low,
as the government's bank rescue plan failed to reassure investors
burned by the 14-month old recession. The Dow Jones industrial
average lost 382 points, or 4.6 percent, according to early tallies.
The bailout plan "was a huge disappointment," one economist said.



~^ beancounter ~^ March 8th, 2009 02:45 PM

major malfunction.......
 
Democrats destroy the housing industry with Fannie Mae and Freddie Mac
then blame President George W. Bush for the Housing Crisis. Democrats
steal our money via taxes, but ridicule corporations for making a
profit. Democrats call people racist for doing what they do with no
shame.

During the election, to highlight Barack Hussein Obama’s constant
position changing, two entrepreneurs cooked up “Obama Waffles”,
selling the mix in boxes featuring caricatures of Barack Hussein
Obama. Liberal Democrats predictably called it racist and even got
them tossed out of a national event by complaining to reporters who
provided the equally predictable bad press.

Democrats have now stopped a black American, Senate designate Roland
Burris, from entering the Senate and taking his rightful place as
Junior Senator from IL. It’s outrageous, offensive to the American
people, insulting to the people of Illinois, and disrespectful to the
Senate itself. What does it say about an American political party that
prevents a qualified black man from becoming a US Senator...racist,
hypocrites!

Democrats like portraying themselves as the best friend of the black
American community while disrespecting their representatives.
Democrats see a person not as an individual but the color of their
skin first and foremost..... That is the definition of a racist.
Democrats love to play racial politics to divide us and make us hate
and distrust our neighbors.

Democrats complained of the increased deficit before the 2006
election. But since gaining control of government in 2006 the national
debt has increased by 23% in just two years. In typical hypocritical
fashion they blame others for their own lack of fiscal responsibility
and ability to govern effectively.

Democrats are corrupt hypocrite racist and no honest, self-respecting
Leftist Liberal Democrat (an oxymoron) can deny these truths.

The toilet is flushing and Capitalism is going down the drain to make
room for the stinky turd that is Socialism.

Capitalism is the uneven distribution of wealth
Socialism is the equal distribution of poverty.

The Axis of Taxes - Harry Mason Reid / Nancy Patricia D'Alesandro
Pelosi / Barack Hussein Obama.

~^ beancounter ~^ March 10th, 2009 04:15 PM

major malfunction.......
 
NEW YORK — The election of Barack Obama offered the promise of a new
set of fixes for the financial crisis and the economy, a do-over that
might help nurse the stock market back to health.

Since then, the market hasn't just gotten worse — it's turned in its
worst performance ever for a new president.

The Dow Jones industrial average has fallen 21 percent during Obama's
first seven weeks in office. Count back to Election Day and the
results are even bleaker: That afternoon, the Dow closed at 9,625. Now
it stands at 6,547, a loss of 32 percent






On Feb 10, 3:56*pm, "~^ beancounter ~^" wrote:
hussein obama ****s up again.......

Stocks slumped today, with the Dow ending at a 3-month low,
as the government's bank rescue plan failed to reassure investors
burned by the 14-month old recession. The Dow Jones industrial
average lost 382 points, or 4.6 percent, according to early tallies.
The bailout plan "was a huge disappointment," one economist said.



~^ beancounter ~^ March 11th, 2009 10:51 PM

major malfunction.......
 
As for the first 50 Days.....

# The Dow at a 10-year low.
# A tax cheat running the IRS
# Another tax cheat as the Chief of Staff
# A trillion-dollar plus federal deficit
# Over one-half of voters relieved of any federal tax liability
# Government mandated limits on executive compensation
# Three failed attempts and still no Commerce Secretary
# Tom Daschle rides his free limo into the sunset - after paying taxes
he evaded.
# The White House performance czar turns out to be a tax cheat also
# Lobbyists hired to work for the Obama Administration
# The census gets politicized
# Double government spending in one year
# The word “freedom” fades into obscurity
# Increasing home loan mortgage rates across the board
# Millions of Americans made dependent on government
# Moving unionization-by-intimidation forward
# Welfare checks become “tax cuts.”
# Illegal aliens free to work on taxpayer-funded “stimulus” projects
# Welfare reform reversed, states ordered to increase welfare roles
# Move to silence critical talk radio shows
# Selling Senate seats
# Obama books in religious sections of book stores
# More government workers, not private sector jobs
# A government bureaucracy to intrude on doctor/patient relationships
# Stage set for medical services rationing
# Annual welfare checks for middle income families

~^ beancounter ~^ March 11th, 2009 11:11 PM

major malfunction.......
 
Senate Minority Leader Mitch McConnell (R-Ky.) has come up with a
vivid new way to express his contention that the nation is spending
way
too much money it doesn’t have.

McConnell includes the tweaks in his opening remarks on the Senate
floor on the 51st day that President Obama has been in office.

“In just 50 days, Congress has voted to spend about $1.2 trillion
between
the Stimulus and the Omnibus,” McConnell says. “To put that in
perspective,
that’s about $24 billion a day, or about $1 billion an hour—most of it
borrowed.
There’s simply no question: government spending has spun out of
control.”

50 days times 24 hours equals 1,200 hours. 1,200 times 1 billion
equals 1.2 trillion (a thousand billions is a trillion).

~^ beancounter ~^ March 12th, 2009 08:20 PM

major malfunction.......
 
sure...why not...oh wait ..... let me guess ...

i'm a racist..right? ha!! dem's are 2 funny......



--------news snip--------------------------

WASHINGTON -- When Rep. Barney Frank was looking to aid a
Boston-based lender last fall, the Massachusetts Democrat urged
Maxine Waters, a colleague on the House Financial Services
Committee, to "stay out of it," he says.

The reason: Ms. Waters, a longtime congresswoman from California,
had close ties to the minority-owned institution, OneUnited Bank.

Ms. Waters and her husband have both held financial stakes in the
bank. Until recently, her husband was a director. At the same time,
Ms. Waters has publicly boosted OneUnited's executives and criticized
its government regulators during congressional hearings. Last fall,
she helped secure the bank a meeting with Treasury officials

~^ beancounter ~^ March 14th, 2009 06:37 PM

major malfunction.......
 
another job well done king hussein...


-------snip-------------------------


Russia could use bases for its strategic bombers on the doorstep of
the
United States in Cuba and Venezuela to underpin long-distance patrols
in the region, a senior air force officer said Saturday.

"This is possible in Cuba," General Anatoly Zhikharev, chief of the
Russian
air force's strategic aviation staff, told the Interfax-AVN military
news agency.

The comments were the latest signal that Moscow intends to project
its
military capability in far-flung corners of the globe despite a tight
defence
budget and hardware that experts consider in many respects outdated.

~^ beancounter ~^ March 14th, 2009 06:39 PM

major malfunction.......
 
On Mar 14, 12:37*pm, "~^ beancounter ~^"
wrote:
another job well done king hussein...

-------snip-------------------------

WASHINGTON - An employee of the D.C. Office of the Chief Technology
Officer
and a private contractor were charged with corruption Thursday after
an FBI raid
at the former office of one of President Obama's appointees, Vivek
Kundra.

Kundra is on leave from his White House job until further details of
the case
become known, a White House source tells the Associated Press



~^ beancounter ~^ March 15th, 2009 07:14 PM

major malfunction.......
 
nice work there hussein

------news snip----------------------



At least 3 percent of District residents have HIV or AIDS, a total
that far
surpasses the 1 percent threshold that constitutes a "generalized and
severe" epidemic, according to a report scheduled to be released by
health officials tomorrow.

That translates into 2,984 residents per every 100,000 over the age
of
12 -- or 15,120 -- according to the 2008 epidemiology report by the
District's HIV/AIDS office.

"Our rates are higher than West Africa," said Shannon L. Hader,
director
of the District's HIV/AIDS Administration, who once led the Federal
Centers for Disease Control and Prevention's work in Zimbabwe.
"They're
on par with Uganda and some parts of Kenya."


~^ beancounter ~^ March 15th, 2009 07:56 PM

major malfunction.......
 




http://video.google.com/videoplay?do...80711843120756



The Obama Deception is a film that destroys the myth that Barack Obama
is
working for the best interests of the American people, but works for
the same
elite interests that Bush and Clinton.

This film is not about Right or Left; it's about One World Government.
Covered
in this film: who Obama works for, what lies he has told, and his real
agenda,
and how his initial appointments and actions prove he serves the
corporate
oligarchs, not the American people.

~^ beancounter ~^ March 17th, 2009 03:36 PM

major malfunction.......
 
i told ya
this clown is a screw up......way to lead a
country....

----news snip--------------------

A tidal wave of public outrage over bonus payments swamped
American International Group yesterday. Hired guards stood watch
outside the suburban Connecticut offices of AIG Financial Products,
the division whose exotic derivatives brought the insurance giant
to the brink of collapse last year. Inside, death threats and angry
letters flooded e-mail inboxes. Irate callers lit up the phone lines.
Senior managers submitted their resignations. Some employees
didn't show up at all.

"It's a mob effect," one senior executive said. "It's putting
people's
lives in danger."

Politicians and the public spent yesterday demanding that AIG
rescind payouts that they said rewarded recklessness and greed
at a company being bailed out with $170 billion in taxpayer funds.
But company officials contend that the uproar is scaring away
the very employees who understand AIG Financial Products' complex
trades and who are trying to dismantle the division before it
further
endangers the world's economy.





~^ beancounter ~^ March 17th, 2009 09:01 PM

major malfunction.......
 
yet another job well done......nice work hussein...


http://www.breitbart.com/article.php...show_article=1






~^ beancounter ~^ March 18th, 2009 01:57 PM

major malfunction.......
 
one thing after another w/this **** up...


-------news snip-----------------------------
Obama Received a $101,332 Bonus from AIG

March 17, 3:01 PM ·

Barack Hussein Obama received a $101,332 bonus from American
International Group in the form of political contributions according
to
Opensecrets.org. The two biggest Congressional recipients of bonuses
from the A.I.G. are - Senators Chris Dodd and Senator Barack Obama.

The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928,
the
most of any AIG affiliate, in the 2008 cycle. I would note that
A.I.G.’s
financial products division is the unit that wrote trillions of
dollars’ worth
of credit-default swaps and "misjudged" the risk.



~^ beancounter ~^ March 18th, 2009 03:29 PM

major malfunction.......
 





It's hard not to see the continued sell-off on Wall Street and the
growing
fear on Main Street as a product, at least in part, of the realization
that
our new president's policies are designed to radically re-engineer
the
market-based U.S. economy, not just mitigate the recession and
financial
crisis.


The illusion that Barack Obama will lead from the economic center has
quickly come to an end. Instead of combining the best policies of
past
Democratic presidents -- John Kennedy on taxes, Bill Clinton on
welfare
reform and a balanced budget, for instance -- President Obama is
returning
to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense
drawdown.


Mr. Obama's $3.6 trillion budget blueprint, by his own admission,
redefines
the role of government in our economy and society. The budget more
than
doubles the national debt held by the public, adding more to the debt
than
all previous presidents -- from George Washington to George W. Bush
--
combined. It reduces defense spending to a level not sustained since
the
dangerous days before World War II, while increasing nondefense
spending
(relative to GDP) to the highest level in U.S. history. And it would
raise
taxes to historically high levels (again, relative to GDP). And all of
this
before addressing the impending explosion in Social Security and
Medicare
costs.


To be fair, specific parts of the president's budget are admirable
and
deserve support: increased means-testing in agriculture and medical
payments; permanent indexing of the alternative minimum tax and other
tax
reductions; recognizing the need for further financial rescue and
likely
losses thereon; and bringing spending into the budget that was
previously in
supplemental appropriations, such as funding for the wars in Iraq and
Afghanistan.


The specific problems, however, far outweigh the positives. First are
the
quite optimistic forecasts, despite the higher taxes and government
micromanagement that will harm the economy. The budget projects a
much
shallower recession and stronger recovery than private forecasters or
the
nonpartisan Congressional Budget Office are projecting. It implies a
vast
amount of additional spending and higher taxes, above and beyond even
these
record levels. For example, it calls for a down payment on universal
health
care, with the additional "resources" needed "TBD" (to be
determined).


Mr. Obama has bravely said he will deal with the projected deficits
in
Medicare and Social Security. While reform of these programs is vital,
the
president has shown little interest in reining in the growth of real
spending per beneficiary, and he has rejected increasing the
retirement age.
Instead, he's proposed additional taxes on earnings above the current
payroll tax cap of $106,800 -- a bad policy that would raise marginal
tax
rates still further and barely dent the long-run deficit.


Increasing the top tax rates on earnings to 39.6% and on capital gains
and
dividends to 20% will reduce incentives for our most productive
citizens and
small businesses to work, save and invest -- with effective rates
higher
still because of restrictions on itemized deductions and raising the
Social
Security cap. As every economics student learns, high marginal rates
distort
economic decisions, the damage from which rises with the square of the
rates
(doubling the rates quadruples the harm). The president claims he is
only
hitting 2% of the population, but many more will at some point be in
these
brackets.


As for energy policy, the president's cap-and-trade plan for CO2
would
ensnare a vast network of covered sources, opening up countless
opportunities for political manipulation, bureaucracy, or worse. It
would
likely exacerbate volatility in energy prices, as permit prices soar
in
booms and collapse in busts. The European emissions trading system has
been
a dismal failure. A direct, transparent carbon tax would be far
better.


Moreover, the president's energy proposals radically underestimate the
time
frame for bringing alternatives plausibly to scale. His own Energy
Department estimates we will need a lot more oil and gas in the
meantime,
necessitating $11 trillion in capital investment to avoid permanently
higher
prices.


The president proposes a large defense drawdown to pay for exploding
nondefense outlays -- similar to those of Presidents Carter and
Clinton --
which were widely perceived by both Republicans and Democrats as
having gone
too far, leaving large holes in our military. We paid a high price for
those
mistakes and should not repeat them.


The president's proposed limitations on the value of itemized
deductions for
those in the top tax brackets would clobber itemized charitable
contributions, half of which are by those at the top. This change
effectively increases the cost to the donor by roughly 20% (to just
over 72
cents from 60 cents per dollar donated). Estimates of the
responsiveness of
giving to after-tax prices range from a bit above to a little below
proportionate, so reductions in giving will be large and permanent,
even
after the recession ends and the financial markets rebound.


A similar effect will exacerbate tax flight from states like
California and
New York, which rely on steeply progressive income taxes collecting a
large
fraction of revenue from a small fraction of their residents. This
attack on
decentralization permeates the budget -- e.g., killing the private
fee-for-service Medicare option -- and will curtail the
experimentation,
innovation and competition that provide a road map to greater
effectiveness.


The pervasive government subsidies and mandates -- in health,
pharmaceuticals, energy and the like -- will do a poor job of picking
winners and losers (ask the Japanese or Europeans) and will be
difficult to
unwind as recipients lobby for continuation and expansion. Expanding
the
scale and scope of government largess means that more and more of our
best
entrepreneurs, managers and workers will spend their time and talent
chasing
handouts subject to bureaucratic diktats, not the marketplace needs
and
wants of consumers.


Our competitors have lower corporate tax rates and tax only domestic
earnings, yet the budget seeks to restrict deferral of taxes on
overseas
earnings, arguing it drives jobs overseas. But the academic research
(most
notably by Mihir Desai, C. Fritz Foley and James Hines Jr.) reveals
the
opposite: American firms' overseas investments strengthen their
domestic
operations and employee compensation.


New and expanded refundable tax credits would raise the fraction of
taxpayers paying no income taxes to almost 50% from 38%. This is
potentially
the most pernicious feature of the president's budget, because it
would
cement a permanent voting majority with no stake in controlling the
cost of
general government.


From the poorly designed stimulus bill and vague new financial rescue
plan,
to the enormous expansion of government spending, taxes and debt
somehow
permanently strengthening economic growth, the assumptions underlying
the
president's economic program seem bereft of rigorous analysis and a
careful
reading of history.


Unfortunately, our history suggests new government programs, however
noble
the intent, more often wind up delivering less, more slowly, at far
higher
cost than projected, with potentially damaging unintended
consequences. The
most recent case, of course, was the government's meddling in the
housing
market to bring home ownership to low-income families, which became a
prime
cause of the current economic and financial disaster.


On the growth effects of a large expansion of government, the
European
social welfare states present a window on our potential futu
standards of
living permanently 30% lower than ours. Rounding off perceived rough
edges
of our economic system may well be called for, but a major, perhaps
irreversible, step toward a European-style social welfare state with
its
concomitant long-run economic stagnation is not.

By MICHAEL J. BOSKIN

Mr. Boskin is a professor of economics at Stanford University and a
senior
fellow at the Hoover Institution



~^ beancounter ~^ March 18th, 2009 06:55 PM

major malfunction.......
 
another hussein **** up


http://cnsnews.com/public/content/ar...x?RsrcID=45206


~^ beancounter ~^ March 18th, 2009 11:31 PM

major malfunction.......
 
smooth move...ex lax.......$$ out of thin air......only a politician
can pull this **** off....way to go king hussein...another nice ****
up.......he is diggin' the hole deeper, and deeper...day by day...

----------news snip-----------------------

Saying that the recession continues to deepen, the U.S. Federal
Reserve announced
Wednesday that it would pump an extra $1 trillion into the economy by
buying mortgage-backed
securities and long-term Treasury issues.

"Job losses, declining equity and housing wealth, and tight credit
conditions have weighed
on consumer sentiment and spending," the Fed said, adding that it
would "employ all available
tools to promote economic recovery and to preserve price stability."

As expected, the Fed kept its benchmark interest rate virtually at
zero. But in a surprise, it
drastically increased the amount of money it will create out of thin
air to thaw out the
still-frozen credit markets that have cramped lending to consumers and
businesses alike.

The Truth[_3_] March 19th, 2009 12:53 AM

major malfunction.......
 
You'd think someone who claims to be an "accountant" would know that the
Federal Reserve has nothing to do with the government and certainly doesn't
answer or take direction from any branch of government.

With such an amazing lack of knowledge in such an important area of finance,
it seems apparent that you really are a total fraud. And it's hardly a
surprise that you never have and likely never will pass a CPA exam.

Any idiot that actually uses you in any financial function deserves what
they're getting.



On Wed, 18 Mar 2009 16:31:22 -0700 (PDT), "~^ beancounter ~^"
wrote:

smooth move...ex lax.......$$ out of thin air......only a politician
can pull this **** off....way to go king hussein...another nice ****
up.......he is diggin' the hole deeper, and deeper...day by day...

----------news snip-----------------------

Saying that the recession continues to deepen, the U.S. Federal
Reserve announced
Wednesday that it would pump an extra $1 trillion into the economy by
buying mortgage-backed
securities and long-term Treasury issues.

"Job losses, declining equity and housing wealth, and tight credit
conditions have weighed
on consumer sentiment and spending," the Fed said, adding that it
would "employ all available
tools to promote economic recovery and to preserve price stability."

As expected, the Fed kept its benchmark interest rate virtually at
zero. But in a surprise, it
drastically increased the amount of money it will create out of thin
air to thaw out the
still-frozen credit markets that have cramped lending to consumers and
businesses alike.



~^ beancounter ~^ March 19th, 2009 01:21 PM

major malfunction.......
 
"the truth"...another hussein kiss ass......


DaveS March 19th, 2009 07:50 PM

major malfunction.......
 
On Mar 19, 6:21*am, "~^ beancounter ~^" wrote:

Beancounter = CPA-lite.

~^ beancounter ~^ March 19th, 2009 07:58 PM

major malfunction.......
 
mrs. "i hate america'...

this is racist...


-----news snip-----------------------
First Lady Michelle Obama had a candid conversation
with a group of African-American students at Washington
D.C.’s Anacostia High School this afternoon, telling them
that when she was growing up, people told her, “You talk
funny, you talk like a white girl.”


DaveS March 19th, 2009 08:04 PM

major malfunction.......
 
On Mar 19, 12:58*pm, "~^ beancounter ~^"
wrote:
mrs. "i hate america'...

this is racist...

-----news snip-----------------------
First Lady Michelle Obama had a candid conversation
with a group of African-American students at Washington
D.C.’s Anacostia High School this afternoon, telling them
that when she was growing up, people told her, “You talk
funny, you talk like a white girl.”


You are a racist America hater. And you are not a CPA so stop
pretending, buckle down, study and stop skirting the issue. Your
obsession with Obama is embarrassing. He will never leave his wife for
you.

Dave

~^ beancounter ~^ March 19th, 2009 09:29 PM

major malfunction.......
 
ha...thats funny.......




On Mar 19, 2:04*pm, DaveS wrote:
On Mar 19, 12:58*pm, "~^ beancounter ~^"
wrote:

mrs. "i hate america'...


this is racist...


-----news snip-----------------------
First Lady Michelle Obama had a candid conversation
with a group of African-American students at Washington
D.C.’s Anacostia High School this afternoon, telling them
that when she was growing up, people told her, “You talk
funny, you talk like a white girl.”


You are a racist America hater. And you are not a CPA so stop
pretending, buckle down, study and stop skirting the issue. Your
obsession with Obama is embarrassing. He will never leave his wife for
you.

Dave



~^ beancounter ~^ March 19th, 2009 09:38 PM

major malfunction.......
 

Bush invaded Afghanistan and routed the Taliban, actually, they
scattered like rats.
Bush then invaded Iraq (based on lies, according to Mrs. Stevenson)
pursued the Iraqi
Republican Guard over 300 miles to Baghdad, and their defeat. This was
a conventional
war, State to State.

Then the unconventional war began; insurgency, sectarian violence, and
almost civil
war. Bush adopted a "surge" technique, "to clear, hold and rebuild."
Noted congressmen,
like Obama disagreed, a few like McCain agreed. The surge succeeded
beyond the
administrations wildest dreams.

Today, Bush's plan has precipitated honorable withdrawal of troops
without surrender,
unlike the "cut and run" plan promoted by the liberals.

His courageous, honorable and steady leadership as Commander in Chief,
in the face
of unrelenting, near traitorous criticism of a sitting president in
time of war (Senate leader
Harry Reid's "the war is lost"; Representative John Murtha, "our
troops murdered women
and children" later proven false) he achieved the stability we have
today in Iraq.

Bush-haters are incapable of giving Bush credit for ANYTHING.





On Mar 19, 2:04*pm, DaveS wrote:
On Mar 19, 12:58*pm, "~^ beancounter ~^"
wrote:

mrs. "i hate america'...


this is racist...


-----news snip-----------------------
First Lady Michelle Obama had a candid conversation
with a group of African-American students at Washington
D.C.’s Anacostia High School this afternoon, telling them
that when she was growing up, people told her, “You talk
funny, you talk like a white girl.”


You are a racist America hater. And you are not a CPA so stop
pretending, buckle down, study and stop skirting the issue. Your
obsession with Obama is embarrassing. He will never leave his wife for
you.

Dave



Fred March 20th, 2009 12:38 AM

major malfunction.......
 

On 19-Mar-2009, "~^ beancounter ~^" wrote:

~^ beancounter ~^"


..... snip snip sniveling political drivel

I just came back from a trip to NYC and back to this NG for one day and
here it is...

This has little to do with fly fishing
This guy beancounter is NUTS!

I like Mike far better

Fred

Mark H. Bowen March 20th, 2009 12:44 AM

major malfunction.......
 

"Fred" wrote in message
...

.... snip snip sniveling political drivel

I just came back from a trip to NYC and back to this NG for one day and
here it is...

This has little to do with fly fishing
This guy beancounter is NUTS!

I like Mike far better

Fred


I don't see his screen name or anything about him, unless someone like you
replies to him.

If you don't like his posts, why don't you just kill-file him and quit
complaining?

Opie



~^ beancounter ~^ March 20th, 2009 01:35 AM

major malfunction.......
 
more hussein **** ups they are endless.....



WASHINGTON (AP) -- Obama administration special envoy Richard
Holbooke
was on the American International Group Inc. board of directors in
early 2008
when the insurance company locked in the bonuses now stoking national
outrage.
Holbrooke, a veteran diplomat who is now the administration's point
man on
Pakistan and Afghanistan, served on the board between 2001 and
mid-2008.

During that period, AIG undertook the aggressive investment strategies
that
led to a near-collapse and forced a multibillion-dollar federal
bailout.


[email protected] March 20th, 2009 02:09 AM

major malfunction.......
 
On Fri, 20 Mar 2009 00:38:01 GMT, "Fred" wrote:


On 19-Mar-2009, "~^ beancounter ~^" wrote:

~^ beancounter ~^"


.... snip snip sniveling political drivel

I just came back from a trip to NYC and back to this NG for one day and
here it is...

This has little to do with fly fishing
This guy beancounter is NUTS!

I like Mike far better

Fred


I confess! I confess! I just had to read this one, and what do I get? I
drivel giving drivel critique on other drivel...

Sheesh...squared,
R

Fred March 20th, 2009 04:32 AM

major malfunction.......
 

On 19-Mar-2009, "Mark H. Bowen" wrote:

If you don't like his posts, why don't you just kill-file him and quit
complaining?

Opie


plonk done

Thanks

Fred March 20th, 2009 04:33 AM

major malfunction.......
 

On 19-Mar-2009, wrote:

I confess! I confess! I just had to read this one, and what do I get? I
drivel giving drivel critique on other drive


Alll I have to say to you is **** off jack! plonk #2 plonk

[email protected] March 20th, 2009 12:22 PM

major malfunction.......
 
On Fri, 20 Mar 2009 04:33:56 GMT, "Fred" wrote:


Alll I have to say to you is **** off jack! plonk #2 plonk


Hee-hee-hee,
R
....and eventually, having plonk'ed everyone and everything, Fred posts,
asking, "Hoe comm their havnt bee'n any postss her in lick 4 das%" ...

~^ beancounter ~^ March 20th, 2009 06:17 PM

major malfunction.......
 
hussein is the retard


---------snip--------------


Obama apologizes for remark on special olympics......

-----------------------------

Mark H. Bowen March 20th, 2009 11:03 PM

major malfunction.......
 

"Fred" wrote in message
...

On 19-Mar-2009, "Mark H. Bowen" wrote:

If you don't like his posts, why don't you just kill-file him and quit
complaining?

Opie


plonk done

Thanks


Priceless!

Opie



~^ beancounter ~^ March 20th, 2009 11:52 PM

major malfunction.......
 
WASHINGTON -- The national debt held by the public would double over
the next decade if President Barack Obama's budget is enacted into
law, the nonpartisan Congressional Budget Office projected Friday.

The U.S. government would run budget deficits approaching $1 trillion
every year for a decade under Obama's budget, the CBO said.

Deficits and debt that big are unsustainable over the long term,
economists agree. They'd threaten to send inflation spiraling upward,
threaten the nation's creditworthiness and the value of the dollar -
China's prime minister publicly voiced concern about the safety of
U.S. debt last week - and force up interest rates, as investors come
to see the United States as a risky, debt-ridden economy. They'd
saddle future generations with a debt payable only by cutting federal
spending or raising taxes sharply.

jeff March 21st, 2009 02:06 AM

major malfunction.......
 
Mark H. Bowen wrote:
"Fred" wrote in message
...
On 19-Mar-2009, "Mark H. Bowen" wrote:

If you don't like his posts, why don't you just kill-file him and quit
complaining?

Opie

plonk done

Thanks


Priceless!

Opie



it's the vernal equinox...

and, what are your fishing plans this year? or will you be
ivory-towering it through the season?

jeff

Tom Littleton March 21st, 2009 02:58 AM

major malfunction.......
 

"jeff" wrote in message
. ..
and, what are your fishing plans this year? or will you be ivory-towering
it through the season?

jeff


Penn's, ahem, ahem....(Mr. Bowen has to give us a second chance. It would be
nice to go fishing with him.)
Tom




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