"riverman" wrote in message
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On Nov 8, 12:05 pm, "Calif Bill" wrote:
"riverman" wrote in message

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On Nov 8, 3:43 am, "Calif Bill" wrote:





"riverman" wrote in message

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On Nov 7, 10:41 am, "Calif Bill" wrote:

The scary part is
who gave the money? A billion bucks does not come from $5 donations.
He
owes some groups big time.

http://www.opensecrets.org/pres08/co...&cid=N00009638

Pretty serious list of malcreants, there.

--riverman

Sad that to see universities, et al on top contributor list. Obama's
handlers removed most checks and balances on the contributions page.
Name
of the donor did not have to match the credit card, etc. Lyndon LaRouche
went to jail for the same thing. Between those top contributors there is
a
large gap to be filled to $1 Billion bucks.

LOL. Larouche went to jail for tax fraud. He was tried for fraud
associated with fundraising, but that did not stick. The charges were
based on his allegedly claiming that book sales and 'loans' were
reported as donations so he could claim matching federal monies. (BTW,
I got this from wikipedia...if you have more accurate facts, I am
happy to hear them). AFAIK, Obama specifically did not claim any
federal monies, nor did he misrepresent any donations as anything
else.

If you are making the claim that Obama ran a scam or was somehow in
the same category as Lyndon Larouche, history awaits you and your
lawsiut, my man.

--riverman

I am just stating that a Billion bucks does not come from $5 donations. He
owes some people big time. We are going to be screwed anyway. We have the
Fed driving the interest rates down, at the same time Obama and the next
administration are promising Billions, towards of a 1000 billion in new
spending. Driving the interest rates down and printing money will cause
massive inflation. Maybe, most likely Carter years inflation. 18%. This
will do a couple of things. Some slightly OK, but most bad. The
governments will get a big increase in tax revenue. About 1.2% for every
1%
of inflation. Houses will go up in value, so the loans may not be upside
down. This will be the somewhat OK part, but the real value will have
decreased. Probably the best thing Obama could do would be to kill the
Federal Reserve System. It has no reserves and is not Federal, but
controls
the money supply. The only way we are going to really get out of the mess,
is for the governments to quit overspending. Is not the Iraq war as lots
claim. That is less 4% of the Federal Budget and we would be spending part
of that money on the military anyway. It is the other 96% that needs
control. We have not been fixing the infrastructure for many, many years.
Lots more than the last 3 administrations. The Federal Department of
Education controls education in the USA. Has not done a good job, but an
expensive poor job. Most of the controls are via grants of money taken
from
a state and sent back at maybe 76% with strings attached. Look at the
dismal graduation rates, and the poor performance of lots of those
graduates. We did not even have a DOE until 1980. I actually liked the
Libertarian platform the best. If were are going to do income
redistribution, lets bring back the WPA. At least we will get something
for
our money.- Hide quoted text -

- Show quoted text -

You realize that you are babbling, of course. I haven't heard such
stream-of-consciousness anxiety since my roommate in college got some
bad acid.

--riverman

WTF? Most of the posts here are babbling, and not a brook. And the anxiety
is real. Especially for my 30 something kids. Dem's and Repub's have had
an orgy of spending for years. Only thing that made Clinton's look OK was
the excess funds from the dot.bomb stock option money. Not from a real
robust economy. Both parties have caused the current economic meltdown.
And since the Dem's have had Congress the last ~2 years, they get to share a
bigger part of the blame. Probably one of the best things we could do is
kill the Federal Reserve System. It has no reserves, controls the money
supply, and is not Federal. Lots of people made fortunes on the mortgage
debacle. Borrow money from the Fed at 3% and loan at 6% and sell the loan
to the government for 5% and pocket 1% for selling a loan. Then sell a
bunch of securities based on the underlying loan. That part is OK, but
selling securities 50 times on the same loan, should be cause for fraud
convictions and loss of all assets and jail time. And where did the Fed get
it's 3% money to loan? They printed it. No assets underlying the money.
The hyper inflation we are looking at is going to hurt the younger people,
more than us old farts. We have less time here to be concerned about it.
Unless the younger generation decides to try us for theft from them and then
line us up against the wall with a firing squad.