Saturday, October 11, 2008

Welcome to the Machine! (Sounding the Alarm)

I need to make everyone aware of something that is happening right now in our history...

WE ARE ALMOST THERE.

We're almost history. Not because of the engineered catastrophe that is the Wall Street Bailout. Not because of the engineered voter fraud that is incorrectly labeled as "free and open elections", no this is something even graver in consequence, and it affects each and every one of us, posing a clear and present danger to our future and our society.

What I'm about to say is going to shock you, but it's all very true, and it is happening now.

We are becoming a fascist dictatorship.

"How the HELL can we be turning into a fascist dictatorship, Amir?"

Good question. It's because the conditions exist at this moment that are exactly the same as Germany in the 1930s, the end of the Weimar Republic, and the playbook in use is the SAME ONE that led to Hitler's rise to power! It is a plan that is insidious and evil, and it has been happening for quite a while. It is "Incrementalism" personified. What's the best way to boil a frog? Put him in a pot of cold water, and incrementally turn up the heat! If you try to pop him in a boiling pot, he'll hop out, burned, perhaps, but surviving.

Those of us who are completely absorbed in our day-to-day survival and turn on "American Idol", or "Dancing with the Former Hollywood Stars" or whatever dreck you use to distract you from the ugly truth that is out there in plain sight BETTER WAKE UP RIGHT NOW! It's almost too late. The pot is almost boiling!

The shift from a democracy to a fascist dictatorship is gradual and calculated. Every step on the path to fascism is mapped out in detail, every "crisis" is carefully planned. The blueprints are available, but are currently being held (and used) by our leaders.

"So, Amir, if you're so smart as to know about the 'blueprints' or 'the plans', how can I get a copy so I can see for myself?"

Glad you asked.

There are basically 8 steps in the shift from freedom and liberty to fascism. Let's go over them.

The very first step is to declare an "enemy". It can be external, or internal. We have both. The external threat is the 'War On Terror'. It gives the people the illusion that they are in danger, and in our case, the enemy is radical muslims buying 'yellowcake'. It is a made up reason, but hey, anything will do. On the internal side, we have "sleeper cells" of islamic fundamentalists hell-bent on attacking us.

Step 2- Secret Prisons. Secret prisons and torture are another hallmark of fascism and dictatorship. They are always outside the rule of law. Gitmo is the largest, and best-known. They systematically torture the prisoners there, which is why the denizens of that prison aren't on anyone's prison pen-pal list. Once systemic torture is going on there, and it is, the eminent dictatorship has the ability to start turning that torture on it's own populace. The tasing of the college kid was an example. "Don't tase me, bro!" They demonize and marginalize the victims at first- these are brown-skinned, muslim extremists that hate us. But as time goes on, they announce that people who don't stand with us, don't agree with us, are now "enemy combatants". We see this with animal-rights activists, political activists, you name it, they can classify you as an "enemy combatant".

Step 3- Establishment of a Paramilitary Force. Hmm. The Germans had the Sturm Abteilung, or SA- the "brownshirts". We have the TSA, or "Twits Standing Around". They are paramilitary in that they wear uniforms, and they have the power to detain and arrest people. They also work the Department of Homeland Defense. Hmm. "Homeland". Sounds an awful lot like "Fatherland" to me, what do you think? We also have another paramilitary outfit known as the Blackwater Group. They specialize in "armed security details", and are active in Iraq, where they were accused of killing a group of 17 Iraqis. But they'll never go on trial. In fact, they quashed that little news tidbit pretty effectively, and instead, put eight US Marines on trial for doing their job. Nice.

Step 4- Establish or create a surveillance apparatus. How many people have you heard about that are on the TSA's "No-Fly List"? Quite a few. The rumor is that everyone has a "file", and nobody is allowed to know what's in it. This creates fear and uncertainty. The excuse given is that it's part of the 'War On Terror', it is for our own 'safety'. Gotta 'protect' the American people! This, too is a smoke screen, and one that is used against us. Soon, people will be turning in their neighbors, kids will be ratting out their parents' political views.

Step 5- Arbitrary Detention and Release. People being made to miss their flights due to being on "The List". Happens with regularity now. In Germany, they had a tall, imposing Nazi at the train station who asked for your travel papers. Here, it's the goons from the TSA sizing you up. If you're on "The List", you are searched and detained, perhaps questioned. If you refuse, you get tasered and jailed. Sound familiar? If the muslims are the threat, how come they won't search the Arabic-looking people? They always seem to pick out the grandmas, the single mom with a small child in a stroller, the college student on break and going home to get this quarter's laundry done. Never the swarthy, Arab-looking guy who has a prayer rug, a copy of the Koran, and giving furtive glances to other Arab-looking men in the waiting area. I wonder why THAT is?
I also never see well-dressed businessmen getting searched and questioned. I guess they might be lawyers.

Step 6- Restrictions on the Press. You might find this one hard to swallow, given the government-media complex, but it's true. Why do you think there is such a media slant? Because they don't want the truth coming out. Anyone who dares report the truth is demonized as a traitor, accused of treason. Look at the "embedded reporters" that were seized in Iraq for trying to report on US atrocities. Also, the government expands almost exponentially the definition of treason and traitorous acts in times like this. Remember Dumbya's "You're either with us, or you're against us" line?

Step 7- In light of the above, all criticism is recast as treason. Anyone going against the program gets labeled a nutjob, a wacko, a traitor. Even pointing out the flagrant abuses and distortions of the Constitution is looked upon as a traitorous act. Remember that Dumbya, early on, delared that the Constitution "is just a worthless piece of paper". Uh-huh. Sounds like a clear case of "do what I say, and nobody gets hurt" to me.

Step 8- Subvert the Rule of Law. This one has been done to death. In times of imminent election, much is done to severely destabilize the economy, the political climate, and people's lives. The recent spike in gasoline prices. The engineered collapse of the world's eceonomy. The polarization of America's single-party system (masquerading as a two-party system). The rampant voter fraud. The corruption in government, not to mention Wall Street. People with no money, living in fear, are MUCH more pliable, remember that. The establishment of a closed society, the Haves vs. the Have-Nothings, is already well into the ninth inning here. This global meltdown of the economy is no accident. It was well-timed, brilliantly executed, and very thorough at destroying the middle class. And it's not even CLOSE to being over, in my opinion. Despots and dictators LOVE having elections. It "validates" them. They employ scare tactics, including having uniformed, sometimes armed, personnel at polling locations. Look at Hitler's elections. He had the Brownshirts outside every voting booth, menacing the people as they went in. The last step is declaration of martial law, which was threatened to the Congress just last week. I hear that the world's markets and banks may be closed down next week or so, for a 5-day "bank holiday", while the leaders of the G7 plan our new currency under the auspices of "fixing the mess". Perfect time for Dumbya to declare martial law, which he gave himself the power to do by Executive Order. Never heard of the Posse Comitatus Act? Here is some info...

HR5122 also known as the John Warner Defense Authorization Act was signed by the president on Oct 17, 2006 John Warner National Defense Authorization Act for Fiscal Year 2007. Section 1076 Text of Hr5122 is titled "Use of the Armed Forces in major public emergencies". Removing the legalese from the text, and combining multiple sentences, it provides that: The President may employ the armed forces to restore public order in any state of the United States the president determines hinders the execution of laws or deprives people of a right, privilege, immunity, or protection named in the Constitution and secured by law or opposes or obstructs the execution of the laws of the United States or impedes the course of justice under those laws. The actual text is on page 322-323 of the legislation. As of 2008, these changes were repealed, changing the text of the law back to the original 1878 wording, under Public Law 110-181 (H.R. 4986, Section 1068,) however in signing H.R. 4986 into law President Bush attached a signing statement which indicated that the Executive Branch did not feel bound by the changes enacted by the repeal.

Which essentially gives him the power to deploy US troops, on US soil, to put down uprisings or "civil unrest". Hmm...like declaring a national emergency due to financial terrorism, George? Gonna try to "slap us down"?

It's almost too late, people. I STRONGLY URGE YOU TO VOTE OUT ALL INCUMBENTS, REGARDLESS OF PARTY MEMBERSHIP. We need to be very vigilant about the abuses that are happening right now, every day, and the accumulation of power in Weaselton, DC, that has been the hallmark of Dumbya's presidency. For the Presidential part of this, it appears we have no choice, but in fact we DO. Write in a third-party candidate! DO NOT go into the voting booth unarmed...gain some knowledge of who your Congress-schmoo is, who your Senator is. OUR VERY LIVES DEPEND ON THIS ELECTION.

And no, I'm not being venal or sarcastic, here, THIS IS THE MOST IMPORTANT ELECTION IN US HISTORY!

And if things go bad before the election, RISE UP AND PROTECT YOUR NATION FROM THE INVADERS WITHIN!

I truly hope it doesn't go down that road, but if it does, BE PREPARED.

Have guns and ammo, and DO NOT surrender it to the handsome man in the spiffy uniform who says he is from the government, and he's here to help. He will tell you that giving up your gun is for your own protection, and for the safety of the nation as a whole. HE LIES.

Have a source of food, as the supermarkets will be closed, and even IF you find one open, they will devalue the dollar so much that it will take your entire 401k to buy a loaf of bread!

Have a source of power, like a generator, and the FUEL TO RUN IT. They may try to disrupt the power grid to keep people "in the dark", not only figuratively, but literally. Great way to demoralize a populace.

Have something of value, we may have to resort to the barter system for a while.

We are in GRAVE DANGER as a nation. These are trying times, isn't it TIME FOR YOU TO TRY?

Good luck to you all in these coming days, and God Bless Us All.

As Always, I Am...

Amir Fazadh

Friday, October 10, 2008

Wall Street Weasels get their Welfare...

There was a simple solution the banking crisis:

Guarantee ALL normal banking deposits. That's what European countries are doing.

With bank deposit guarantees, individuals and real businesses would have access to their money and to normal credit.

But the White House took a different path...

A multi-trillion dollar "no strings attached" checkbook controlled by the White House through the Treasury Department to buy the toxic assets of Wall Street and other reckless investors.

Who will pay?

The US tax payers.

Who will benefit?

Wall Street CEOs, their deep pocket clients here and abroad and members of the Bush regime.

What will the US do in the future when it needs money to repair crumbling infrastructure, take care of public health, and deal with natural and man made catastrophes?

The answer will to all these problems will be simple and consistent: We have no money.

How did this insane legislation get passed?

Congressman Brad Sherman lays it out:

* Fraud (fake phone calls from paid stooges in support of the bill),
* Bribery (hundreds of pages of pork added to the bill by the Senate at the last minute), and
* The threat of government violence (the claim that without the bailout martial law was a certainty.)

All of this is morally, ethically, universally WRONG! Poor Mr. Sherman is probably marked for death now, for telling the truth.

The truth of the matter is, all of this could have been avoided, but for one thing- greed. The "Fractional Reserve Banking System" is a fraud, a big lie. It allows banks to create the illusion of having wealth, when in fact, they are debtors to the printing presses that make their fiat currency. They get deposits from you and me, then proclaim that they have money to loan. In a simple, lawyer-free world with morals, if you have the money to lend, you can lend it. However, it gets trickier when you start trading in speculative debt instruments, such as what we face now. CDSes, or "Credit Debt Swaps", are essentially legalized casino gambling engaged in by banks to make insane profits on the defaults of loans. Our National Debt is now measured at somewhere around $53 TRILLION dollars. OK, you say, I can't count that high, I don't have enough fingers and toes. No matter. The principle of leverage is at work here, making your $400 paycheck you deposit do the work of $4,000,000. But not for you, wage slave annoyance. The BANK is using your money to leverage it's loans.

The Fractional Reserve Banking concept allows banks to overstate it's holdings by a rate according to it's ratings. For instance, Bank 1 has an arrangement with the Fed to have access to capital 10 times it's net deposits. Since it has 10 million in physical deposits, it can therefore lend out 100 million. Bank 2 down the street deals less in the retail banking sector and instead concentrates more on commercial loans. It has 10 million in physical deposits, and it's arrangement with the Fed is for 36 times holdings. So it now has 360 million to lend. It simply accesses the funds through the Fed, and cuts it's loan checks. Usually, the bigger the bank, the higher the margin it has. So, the behemoth banks had multipliers as high as 100 times holdings, and lots of their loans were subprime. What they did to minimize risks was to develop CDSes as a way of "self-insuring". They'd get together with other banks, package up the loans they had out, and sell the packages to each other. That way if one defaulted on a mortgage, it was bundled up in a package held by one or more other banks. That's fine and dandy if you only have one or two loans go bad. But when a sizable chunk went bad, it was MUCH harder to cover. That's really basic, but it is where we are now. Banks won't loan to each other, there are massive collapses due to these WMD's of the banking world, and everyone pays. A friend of mine put it cleverly- "
Everyone got pregnant and nobody wants the responsibility."




Tuesday, October 7, 2008

Where has our leadership gone?

My newest question is pointed squarely at Henry Waxman. While Henry was grilling Mr. Fuld in the starchamber, he asked some very pointed questions, and in the spirit of the lying weasel that he is, Fuld hemmed and hawed about his appointing a "compensation committee" to help him loot $480 million from the company. When pressed on the issue, Fuld stated that the figure "was more like $250 million that I took out of the company". Ah, that makes it OK, I guess.

WHERE WAS WAXMAN'S LEADERSHIP? He had the perfect opening right there to demand that Fuld return his ill-gotten gains to the people he screwed over! All these pinheads that CEO these failed institutions are getting multi-million-dollar golden parachutes when their toy banks fall over, yet nobody has even suggested that their gains be put towards the bailout, when it was their decisions that put us in this mess? Wax-man also had the power under the rules of the house and senate to have Mr. Fuld taken into custody right then and there, but he failed in his moral obligation to do so. That power comes from way back, when we used to have something like a template to be used in case of emergency- the US Constitution! But that is just a worthless piece of paper nowadays. We're expected to abide by it, yet they are not. Why have the rules changed under George "Dumbya" Bush? In Clinton's term, Duke Cunningham, a decorated Vietnam ace, got 9 years in prison for selling off an old Rolls-Royce and a moth-eaten yacht, getting about a million more than their true worth. So we have a decorated war hero rotting in prison for making a 1 million dollar profit and these weasels from Wall Street get away with billions and stick us with the bill? How dare they! How dare Congress and Senate abrogate their responsibility to us, the people!

And McCain did nothing. Where was HIS leadership? He could have stood up and demanded that Fuld's property be forfeit, or at least embarrassed Fuld into giving back at least a portion of it to help us out with the bailout. While he didn't have enough to pay for the whole thing, I'm relatively certain his $480 million, when combined with his $14 million house in Florida and his $8 million summer cottage in Sun Valley, Idaho, and the houseful of million-dollar artwork could have gone a long way in helping to ease OUR burden! These Wall Street tycoons are getting away with the single biggest theft in world history, and are doing so with the tacit consent of the very people we "elected"! These bastards don't deserve to go to jail, they deserve a good crucifixion! Then throw their rotting corpses UNDER the jail!

McCain has lost this election, and he knows that he is the GOP "Fall Guy" this time around. If the GOP were serious about winning the election, they would have chosen someone like Romney. Yet another reason that the elections are a scam. Diebold has leaked the results to the media already, they programmed Obama to win by a landslide. I think the numbers I saw were 58% for Obama...

Until we, the people, organize and revolt, there will be no change. All of our well-placed and well-deserved rage against the ruling elite will be registered, but not counted. It will be just that much more "pissing into the wind", and you know what that means- it all comes back on us. So it's time for the American people to rise up, grab OurPitchforksAndTorches, and take our country back!

As always, I am...

Amir Fazadh

Friday, October 3, 2008

Congress and Senate inFATuated with PORK...

Friends, I think I've reached my "tipping point". We have lost this once-great nation, and now face tyranny, despotic regimes, and financial terrorism. The bill that was passed today was basically the same bill that was presented earlier and rejected, but this time, they "sweetened the pot". Not with sugar, Equal, Pink Stuff, or Splenda, but with pork. Last I checked, pork wasn't real high on my list of things I put in my iced tea or on my cereal. And you can forget about baking cookies with it!

Instead, our elected "leaders" submitted to the siren song of panic, the gentle lullaby of the unzipping of Wall Street's fly, and bent over for them once again! They stuffed the already bad bill with pork, "earmarks", and totally ignored their constituents' wishes- hell, it was more like rage, let's be clear here- and gave the money junkies on Wall Street their fix. Screw Main Street!

No, SCREW YOU, WEASELTON!

I have devised a plan that I hope turns into an Internet frenzy, just like the fans of "Jericho" accomplished, extending a canceled show....

I plan on mailing pork products to my Senators who let us down and told us to stick it. They LEFT before the ink was dry on the check they gave to Paulson and his band of thieves, after upping the tab to you and I to almost a TRILLION DOLLARS. I don't care WHO you are, that's REAL MONEY! OUR money, to be more precise. Our voice was NOT heard by the government, they care not about you or me. They only care about their banker friends. And why not? Those who voted FOR this stinking, slimy piece of garbage that hands all the power of our monetary system to ONE MAN were rewarded with 40% MORE "contributions" from the financial sector than those who voted AGAINST the bill. In the Senate, the ratio changed a little bit, with the Yeas getting 140% MORE than those who listened to the people!

So, when I mail my little packages of pork (sausage, pig ears, casings, snouts, organ meat, head cheese, and any other nasty piece of offal I can find), I will include a note, but no dry ice. It will read something along the lines of "In appreciation of your love for PORK!" on a nice little gift card. I encourage you to tell everyone you know to do the same. Maybe they'll get some semblance of a clue when they eventually return and smell the fruits of their labors!

Rum producers in the Caribbean get more than people wiped out here on the Gulf Coast, and they bailed out on voting on issues such as extending tax cuts for average Americans, extending unemployment benefits for those losing their livelihoods because of the mess the Fat Cats made. Greed and bribery are the best thing since sliced bread! THAT is the grease that keeps the wheels of Government grinding!

What was Wall Street's reaction to this version of the bill being enacted? IT DROPPED. It ROSE when they voted it down the first time, but it DROPPED upon it's passage!

Do yourselves a favor and BOMBARD WEASELTON WITH PORK, AND PORK PRODUCTS! Let them understand our rage! And DON'T VOTE FOR A SINGLE INCUMBENT THIS YEAR!!! Instead of going into the voting booth and pulling the Red lever or the Blue lever, EXERCISE YOUR RIGHT TO THROW THESE BASTARDS OUT OF THEIR CUSHY JOBS IGNORING US! Sure, you might have to actually look up who your Government Rulers are, but that's half the fun! Send them a little "Care Package" to let them know what you think of them, then VOTE THEM THE HELL OUT! Let's all pick up OurPitchforksAndTorches and MAKE them hear us!

As always, I am...

Amir Fazadh

Monday, September 29, 2008

Black Monday victory?

Well, dear reader, I missed the mark on the depth of the first plunge, but only by a little bit. I told you this morning that I expected a 300-point drop, perhaps twice that. Instead, we got a 700-point drop, which, while the single biggest point drop in history, is still not quite as big as the percentage-point drops suffered in the original Great Depression or the 1987 debacle. Still, it points out that there is panic in the halls of the would-be kings of the banking world, and this may not be such a bad thing. The people have risen up and expressed a near-violent outrage against oiling the wheels of the machine that has functioned to enrich the few on the backs of the many. I applaud all of you who took the time to write, call, or send smoke signals to your elected officials regarding this matter. It appears that we do have a voice in this republic after all! To have ignored this would have placed the Congress in the untenable position of having to "fall on the sword", not once, but repeatedly.

And shame on you, Nazi Pelosi, for calling the Republicans who "didn't come to the table" as being "unpatriotic". You locked them out, you had them thrown out of meetings, you tried to sneak "earmarks" into this bill that had NO PLACE in it. You also were only too willing to grant Hank Paulson virtually unlimited powers to buy ANY assets he deemed necessary to preserve his profits, and likely your own profits as well, including bad foreign-owned financial instruments. I have no respect for you or your gang of thieves, shame on you for trying to give our country away. There is a reason your Demican/Republicrat party turned their backs on you and your siamese twin Jorge Arbusto, and that reason is US! We, the people! We spoke, our representatives listened, for once, and defeated the bill you and Jorge tried in vain to shove down our throats. The reason for your secrecy and your rush to pass this legislation? I have my suspicions that you, too, are making bets against the economy, shorting the US economy, as it were. YOU are the unpatriotic one, Grandma! I am ashamed of you, and those of your ilk!

For the rest of us on Main Street who pushed back against this bad piece of legislation, please- keep it up. Be involved. This is but a small victory in the taking back of America. The monsters on Wall Street are very much against Main Street, don't let their lies and perversions of the truth fool you. They are out to make a buck. Your buck. We need more vigilance, more involvement in our government than we have been given to exercising lately. Our complacency has nearly cost us our very freedom, and the attacks came from within. Nice to see not everyone was asleep at the wheel this time- don't nod off now. They will try again by the end of the week.

When they DO try, look at the bill as it is drafted. Look carefully for protections for the common man, look for true oversight- the dead bill had an oversight committee consisting of Paulson, Cox, the Secretary of HUD. THAT, my friends, is giving the fox the keys to the henhouse! Not wise, even by today's lax standards! Look also for unbridled power to be given to either Paulson, or one (or more) of his cronies, such as the Federal Reserve Board, or even the GAO. Watch for tricks in the wording that will allow great latitudes in powers, or in what types of financial instruments are allowed to be bought or sold. What we really need right now is a complete overhaul of the system, but the weasels of Wall Street are screaming for more cash. They're pathetic, like junkies looking for their next fix. It sickens me. The crafters of this bill also told us (Hank Paulson & friends) that there would be "protections against golden parachute clauses". That, dear readers, was an outright lie. The only thing mentioned in the bill that referred to "excessive compensation" was a small passage that said "Excessive compensation will be levied a tax at the rate of 20% on the excessive gains of the top 5 persons leaving any firm". Not even what I pay on my puny salary! And it opens the door to the "carryout profits buffet". Just underpay the next 5 in line, and have them carry the profits out the door and to the alley, where the top fat cats will be waiting in the line of limos. Thievery. Utter trash.

I expect tomorrow's market will see a 400-800 point drop, especially since the European markets are undergoing their own bank failures right now (Fortis). In fact, some are calling for up to a 4-6,000 point drop in the Dow before we settle out. That, my friends, is what I call devastating. But it can happen. Be prepared, as much as you can. Unemployment will likely exceed 10% in the coming months. I don't think that it will be as bad as the 1930's, when unemployment hit a whopping 25%, but it could get close. The difference this time is that firms aren't experiencing as much contraction to preserve capital as before. With the credit market bone-dry, I don't expect to see too much growth, but it may not be the end of the world.

So, be aware of every penny for the time being, and don't spend needlessly. We must prepare ourselves for a new paradigm- living on what we truly need, not on what we truly want. We will adjust to this new lifestyle, I already have. Sure, I have some toys, I'm not rich, I live in a modest little home in a modest little neighborhood, and I don't own a single new car. I also don't have as much debt as most average Americans, which is good. But I also don't have as big a cushion as I'd like. I'm working on that part, and so should you.

Happy "Black Monday" to you all, and celebrate the victory, but not too much, there is still a very large war, and this is but one small battle. Be brave, have courage, and know that "we done good" this time.

As always, I am...

Amir Fazadh

And the hangman pulls the lever....

Get ready people. We are standing on the gallows, and the hangman has pulled the lever. The floor we were standing on is falling away now, and we are starting our plummet. Don't worry, it's not the drop that will kill you, it's the suden stop at the end, with the rope tightening and the knot on our left ear snapping our head off to an impossible angle. I wonder how many times our feet will twitch?

Main Street is just about there. We are on the cusp of a major revolution. We the people are getting VERY ANGRY at what is perceived as the big guys preserving their buddies' "golden parachute funds". The time has come.

The only thing that will stop the situation at this point would be to hold the elections today, and have everyone vote out the incumbents, and write in a candidate for president that is not currently on the ticket. But that isn't going to happen. What they'll do is fund this trillion-dollar "bailout" of the financial sector. This is not for our own good, I'm telling you. This is not capitalism, it is fascism, pure and simple. And we're going to let this happen? I've been writing that this country is in a death spiral for a while now, and I'm predicting at least a 300-pt drop in the Dow today, perhaps double that. The market is broken, and our fearful leaders are taking the cash register and going home.

What about the average Joe Sixpack? The gang of thieves in Weaselton DC seem content to saddle us with the bill while they print ever more worthless fiat currency known as the "almighty dollar". The "almighty dollar" is looked upon with scorn in the world now, they see how thin the trappings of "success" are, they know we are going down for the count, and accordingly are saying "thanks, but no thanks" to our overtures for more investment here. The world's capital has dried up, the ATM is now unplugged. This nation's excessive, consumer-driven expenses are coming home to roost, and the waiter has just slipped us the bill. Our goose has been cooked, and the people know it.

This situation is being seen as "the beginning of the end" by most. I see it as the "end of the beginning". It's going to get much, much worse. If you were planning, like me, to retire at some point and enjoy "the golden years", please be aware that you will now have to work for approximately 137 more years, if you are nearing retirement. Your "golden years" are now a "lead ballon"- unless, of course, your name happens to be Bush, Cheney, Paulson, Bernanke, or Cox. Or the name of any CEO on Wall Street. That is where my little daughter's future is being sold out.

Despite Bush's "the sky is falling" speech, I don't buy for a second the specter of total anihilation of the markets if we let Goldman-Sucks fail. It will be yet another bank failure. We have seen large firms fail before- witness Enron, and the dreadful knee-jerk reaction of the politicos known as "Sarbanes-Oxley Act". That one crippled normal businesses, in an effort to "protect the shareholders". It was supposed to result in more transparency, but the net result is that no company can do anything without going through a checklist of Byzantine proportion, and a whole industry developed around it to siphon off profits. Entire corps of lawyers and accountants sprung up from the ashes of the failed energy giant. Think of what it will be like now, er, "going forward", to use a now common biz-speak term.

Protect your assets, and invest in commodities like gold and silver, and lead. It's time to rise up, unified, grab OurPitchforksAndTorches, and put this matter to rest once and for all. Greed is NOT good. It is the cancer that has taken over this nation, and driven us to ruin.

As always, I am...

Amir Fazadh

Thursday, September 25, 2008

$700 Billion dollar reward for screwing our economy?

Well, Bush and his Gang of Thieves certainly are pushing hard for this "bailout". Having just been through Hurricane Ike, I turned to my government for some assistance. I asked for the really huge and expensive assistance, to the tune of about $5. I just wanted some ice and water. But that help never came. I was eventually able to find ice, at $2.19/bag. But someone else in my neighborhood brought some water to us, and we survived.

I asked my lenders for a bit of help coping with this national disaster, and was rebuffed with a hearty "Sorry, pay your bill. No help for you, and no, you can't have one payment put off to the end of the loan."

I was charged $75 to cancel my flight.

My cruise line cheerfully refunded my money in full for our December cruise that we can no longer go on. They will get my booking next time.

What irks me is that I was given no quarter, no relief from ANYONE from this storm, despite living less than 10 miles from where Ike rumbled ashore, and the eye passed directly over my house. I wasn't asking for a lot of assistance, just a little relief from the ravages of the storm. Enough breathing room to not go under. What I got was the proverbial "sharp stick in the eye".

After 13 days, we finally have power. Life will return to normal.

What will NOT return to normal, in my opinion, is the venereal, er, venerable, institutions known as "Wall Street". What they are doing is asking us, the taxpayer, to foot the bill for the multi-million-dollar "exit packages", the bonus that executives get for ruining a company and sending it into the abyss of history. They want us to bail them out, to save them from the abyss they threw themselves into through bad decision-making, and plain, unadulterated greed. They want us to save them from the fires of hell with our own money. I am against this "plan". They want US to give them more money? After they have plundered the US treasury, ruined our economy, offshored our jobs, debased our currency, robbed my children of their futures, and now they want to saddle us with even MORE DEBT? The kind that takes generations to pay off? Are they insane? We're supposed to trust these vermin? We're supposed to give them even more money to reward them for this thievery? No. Not only no, but HELL NO! These people have nothing in the game. I would make this loan only under the following conditions-

1) All profit comes back to the people after the principal is paid, and with a stiff penalty.

2) All property, including thier personal residences, retirement accounts, golden parachutes, and stock options, all bank accounts, cash, and vehicles should be immediately forfeit. They can serve as the "down payment", so to speak. Let's get these bastards to have some "skin: in the game.

3) Immediate cancellation of all bonuses and regular salary for the CEOs of the affected companies. Put those twoard the repayment of this debt. They can have it back if and when the markets recover.

What is happening with Bush and cronies proclaiming the end of the world if we don't approve their looting of the Treasury is nothing short of financial terrorism. It's like rewarding the captain of the Exxon Valdez with a bigger ship full of oil, and a case of Scotch to go with it. If my banks won't even grant me ONE DEFERRED PAYMENT to help me get past a declared national disaster, why should I be expected to give my child's future to them? Let Goldman Sachs fail. It would probably do MORE for the world economy's trust to let them fail than to reward bad behavior with saddling the taxpayer with debt and risk.

What they are doing, in a nutshell, is giving us the risk while they reap the rewards. This is flat-out WRONG. It is thievery, plain and simple. "Hank" Paulson was the CEO of Goldman Sachs up until 2 years ago. Why would he give up the $16Billion bonuses and the salary of that job for a $400,000 a yr job in the government, unless he knew that this was going to happen? He was one of the architects of this destruction, let him enjoy the reward of seeing his creation through. Let him give up all his ill-gotten gains. Let him feel the pain he is causing us. He earned it!

We need to get out OurPitchforksAndTorches and give ol' Hank a sharp stick in the ass. Just like he's doing to us! How's it feel, Hank?