Warren Buffet on Charlie Rose 10/01/08… Hmmm

Ok, Secretary of the Treasury Paulson… former CEO at Goldman Sachs…K

Warren Buffet just made a $5 Billion dollar investment in what’s left of Goldman Sachs… hmmm … K

Charlie and Warren yucked it up with Warren’s message seeming to be that Congress better hurry up and pass that bailout (which $700 Billion might be too small) or credit and market confidence was gonna dry right up.

Hmm,  The Dow was up about 500 Tuesday and only down like 19 Wednesday.

The markets seem relatively calm given all that we’ve been through.

I’m still leaning toward… those that made poor investments in various risky financial instruments, and things related to risky mortgage lending practices, should accept their losses with their wins.

And… some investment banks were allowed to accept their losses and collapse…  hmmm

Now then Senate has added inducements to pass the Bailout Bill (I mean rescue…) of Goldman Sachs?

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CEO’s Get a Deal and We Get the Debt?

Umm when are the Congressional hearings again?

CEO’s to get a deal and we get the debt and no oversight? and no limit?

Details to come….

http://news.yahoo.com/s/ap/financial_meltdown

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Bush as Oligarch and Fiscal Socialist?

Looks like Bush and Paulson are pretty much running things.

Where are the congressional hearings from THIS CONGRESS to see who’s making money off these bail out and collapse episodes..?

Credit to Michael Savage for calling these guys out when few have.

http://michaelsavage.wnd.com/

Credit to Nouriel Roubini who I saw on Charlie Rose a few nights back and also referenced by Savage a few days later.

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AIG Bailout

Now AIG is in trouble and will be bailed out.

Lehman Brothers allowed to fail into bankruptcy but Bear Stearns was bailed out… AIG , Freedie Mac and Fannie Mae were bailed out…

Ummm when do we hear about how there will be congressional hearings to see who made money on these situations?  Yep, there needs to be some hearings…

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What Could You Do With $42 Million Dollars?…

The IRS just spent it to send you a letter stating what you VERY likely already know in announcing that your stimulus is on the way and that you have to file an income tax return.

http://news.yahoo.com/s/ap/20080307/ap_on_go_ot/dear_taxpayer

Just to throw out some ideas on productive uses of such a chunk of change.

– Could that “announcement money” be used to help in cities that have high populations of poor and homeless?

– Could that “announcement money” be used to help in cities that still have significant damage from natural disasters?

Frankly, it’s a lot of money, but not enough to make any dent in the infrastructure issues that came to mind. But humanitarian aide as cited above seemed to be the most likely better use.

Looks like Linda Stiff is serving as acting Commissioner at the IRS and that Henry Paulson is head at the Department of Treasury that the IRS is under. It’s not clear who/what group was immediately responsible for this spending decision.

Perhaps you’d like to contact your senator or house representative for your state to let them know how you appreciated the use of this public tax money.

Department of the Treasury
1500 Pennsylvania Avenue, NW
Washington, D.C. 20220
General Information: (202) 622-2000
Fax: (202) 622-6415

For contacting your state’s representative:

http://www.senate.gov/general/contact_information/senators_cfm.cfm

https://forms.house.gov/wyr/welcome.shtml

Im not even gonna ask how much is being spent to run that commercial about TV’s not working without a converter box or replacement after Feb 2009. And how could we better use that money?

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Ole Straight Mex McCain…

12 Million people invaded the US … he thinks they can stay…

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No Stimulus for You!… and others wait til May

Sadly, if you made less than $3000 in 2007, you will NOT get a dime under the current Stimulus package. These people are too poor to spend this on necessities?

Unemployment benefits that ran out…will stay run out.

Looks like the current version will give a tax Rebate of taxes paid up to $600 for singles now…..but you wont even get stimulated til May or June.

$50 billion in incentives for businesses to buy new equipment… (No, …..you have to put the equipment in a business still located in the US…yeah)

I keep hoping that I misread something on this….
Now it has to go through the House and Senate… Perhaps, some help for those making less than $3000 or with their unemployment depleted…

http://www.kansascity.com/105/story/460097.html

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Something Else That Made Me Giggle…Who is the other senator from Idaho again?

Due to recent media coverage, EVERYONE knows one of the senators from Idaho. Yeah, we now know Larry Craig from the Minneapolis airport men’s room.

But do you know who the other senator is?

Saw this on autone’s angelino blog when I was checking up on the recent re-try on making citizens out of the invaders.

http://autone.wordpress.com/2007/09/24/kill-the-latest-amnesty-bill-for-illegal-aliens/

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“Phone them by contacting the Senate switchboard at 800-862-5530 or 202-224-3121.

Alaska: Murkowski, Stevens
Arkansas: Pryor
Idaho: Crapo ….<- How do you pronounce that again?
Indiana: Bayh
Iowa: Grassley, Harkin
Kansas: Brownback
Louisiana: Landrieu”

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DREAM Act… More Tricks to Get Invaders Declared Citizens

Per the news, there is a new effort to get illegal invaders to the USA declared as citizens….again…

Senator Durbin is one of the people supporting SA 2919 that will let those people that are ILLEGAL INVADERS (ie they are NOT US citizens!!!) a path to become a citizen if they are willing to serve in the US military and keep a clean record.

http://www.senate.gov/legislative/LIS/roll_call_lists/vote_menu_110_1.htm

Senator Durbin commented (paraphrase) on the interview that we could either catch the invaders and deport them or just use their skills. I call on Senator Durbin and the rest of our elected officials to do their damn job and seal the border and enforce the laws on the books already, which means we round up illegal invaders and deport them.

Once again, please email, mail and ring the phones of your elected officials off the hook in Washington.

More to come as this develops.

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Senate Revives Amnesty Bill…Who is Selling Us Out Señor?

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=1&vote=00228

On the Cloture Motion (Motion to Invoke Cloture on the Motion to Proceed to Consider S.1639 – Which is reviving the Amnesty Immigration Bill for another vote in the Senate Thursday 6/28 ? or near that date.

Look at this list of Tax and Spend Liberal Democrats (below) ready to give 12 million illegal invaders of the United States, Amnesty and some Social Security and all kinda government program benefits that they will be soon legally be entitled to. Oh wait, and there’s some sell-out Republicans on this list too. Can you imagine 12 million invaders that would legally have claim to our benefits system? We are told that Social Security already can’t support the citizens we have now. Should I write this posting in Spanish? How soon will it be that Spanish would be our official second language? or first? Supposedly, magically, we will now seal our borders…really?…Then why not do that, then round up the invaders and send them to Mexico?WE DON’T WANT TO LIVE in MEXICO!

Remember the Alamo!

Please see how your representative voted and call their office, mail their office and email their office and let them know how you liked their vote….Señor!!!!

Akaka —————-(D-HI), Yea
Bennett (R-UT), Yea
Biden —————-((D-DE), Yea
Bingaman —————-((D-NM), Yea
Bond (R-MO), Yea
Boxer —————-((D-CA), Yea
Brown —————-((D-OH), Yea
Brownback (R-KS), Yea
Burr (R-NC), Yea
Cantwell —————-((D-WA), Yea
Cardin —————-((D-MD), Yea
Carper —————-((D-DE), Yea
Casey —————-((D-PA), Yea
Clinton, Hillary —————-((D-NY), Yea
Coleman (R-MN), Yea
Collins (R-ME), Yea
Conrad —————-((D-ND), Yea
Craig (R-ID), Yea
Dodd —————-((D-CT), Yea
Domenici (R-NM), Yea
Durbin —————-((D-IL), Yea
Ensign (R-NV), Yea
Feingold —————-((D-WI), Yea
Feinstein —————-((D-CA), Yea
Graham (R-SC), Yea
Gregg (R-NH), Yea
Hagel (R-NE), Yea
Harkin —————-((D-IA), Yea
Inouye —————-((D-HI), Yea
Kennedy, Ted —————-((D-MA), Yea
Kerry, John —————-((D-MA), Yea
Klobuchar —————-((D-MN), Yea
Kohl —————-((D-WI), Yea
Kyl (R-AZ), Yea
Lautenberg —————-((D-NJ), Yea
Leahy —————-((D-VT), Yea
Levin —————-((D-MI), Yea
Lieberman, Joe —————-((ID-CT), Yea
Lincoln —————-((D-AR), Yea
Lott (R-MS), Yea
Lugar (R-IN), Yea
Martinez (R-FL), Yea
McCain, Ole Straight-talk John (R-AZ), Yea
McConnell (R-KY), Yea
Menendez —————-((D-NJ), Yea
Mikulski —————-((D-MD), Yea
Murkowski (R-AK), Yea
Murray —————-((D-WA), Yea
Nelson —————-((D-FL), Yea
Nelson —————-((D-NE), Yea
Obama, Barack —————-((D-IL), Yea
Pryor —————-((D-AR), Yea
Reed —————-((D-RI), Yea
Reid —————-((D-NV), Yea
Salazar —————-((D-CO), Yea
Schumer —————-((D-NY), Yea
Snowe (R-ME), Yea
Specter (R-PA), Yea
Stevens (R-AK), Yea
Voinovich (R-OH), Yea
Warner (R-VA), Yea

Webb —————-((D-VA), Yea

Whitehouse —————-((D-RI), Yea
Wyden —————-((D-OR), Yea

Johnson (D-SD), Not Voting _________________________________________

Alexander (R-TN), Nay – Thank you all for your vote against this.
Allard (R-CO), Nay
Barrasso (R-WY), Nay
Baucus (D-MT), Nay
Bayh (D-IN), Nay
Bunning (R-KY), Nay
Byrd (D-WV), Nay
Chambliss (R-GA), Nay
Coburn (R-OK), Nay
Cochran (R-MS), Nay
Corker (R-TN), Nay
Cornyn (R-TX), Nay
Crapo (R-ID), Nay
DeMint (R-SC), Nay
Dole (R-NC), Nay
Dorgan (D-ND), Nay
Enzi (R-WY), Nay
Grassley (R-IA), Nay
Hatch (R-UT), Nay
Hutchison (R-TX), Nay
Inhofe (R-OK), Nay
Isakson (R-GA), Nay
Landrieu (D-LA), Nay
McCaskill (D-MO), Nay
Roberts (R-KS), Nay
Rockefeller (D-WV), Nay
Sanders (I-VT), Nay
Sessions (R-AL), Nay
Shelby (R-AL), Nay
Smith (R-OR), Nay
Stabenow (D-MI), Nay
Sununu (R-NH), Nay
Tester (D-MT), Nay
Thune (R-SD), Nay
Vitter (R-LA), Nay