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PerpWalkWatch - # of Hours New AG Eric Holder Has Let Angelo Mozilo Run Free
Eric Holder and Barack Obama
Failure to
Arrest
Angelo Mozilo
2862 Hours
(countdown suspended 6/21/2009)
ERIC HOLDER - YOU ARE A COWARD
DO YOUR JOB
(UPDATE 6.4.09 - SEC CHARGES MOZILO WITH INSIDER TRADING. YET ERIC HOLDER STILL SITS ON HIS ASS AND DOES NOTHING)
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49 comments:
you know...if you wake up every morning with amnesia...forgetting everything you learned from the day...weeks...months...years before these shows actually make sense.
So we have a "Double top" on the S&P....getting ready for a break out?
MOABO: ZYWAC.X (UYG $3 Jan 2011 Call)
Place your bets!!
Hedge it with guns, gold, ammo, and food. Diversification is key.
Thanks freaks. You insisted on putting a inexperienced guy with socialist leanings in the White House and now we're screwed.
Trillion dollar defecits for the next 10 years.
http://www.newsweek.com/id/185960
I didn't watch the video.
I will shit myself if he did not mention Goldilocks.
Ooooobaaaaamy!
Gimme Cheese.
Now the morons are back in their short positions. Try to time the next leg up, players.
What will the next playcall be?
Mark to market? Done.
Uptick? Done
Another Interest cut? Done
Suck that carcass dry.
I will see you at 5200.
(Reuters) -- California's unemployment rate increased to 10.5% in February from 10.1% in January as the most populous state's economy worsened, official data showed Friday.
Meanwhile, Pelosi was just making speeches about giving amnesty to 20 million illegals, who in a short time will breed into another 60 million + bring their relatives from Mexico. Sure, give them amnesty now so they can all apply to welfare at taxpayer expense. Good timing, genius.
Instead of prioritizing jobs for Americans, Pelosi is more concerned about the Mexican illegals. And then she has the nerve to talk about "global warming", too. Suuure, that's a person who's preoccupied with the environment, as she pushes for millions of illegals into a few states, who will consume and pollute all the states' natural resources and environment with overpopulation. Plus she travels only in private jets, in her Chanel dresses.
Listen up crooked democrats, you can't have both ways. If you're constantly vomiting your NWO global warming rhetoric every freaking speech, you can't go around selling amnesty and open borders for millions of illegals to overpopulate our states and destroy our natural resources. You might fool idiots like Bukko, but you aren't fooling all of us, Pelosi.
But hey, we understand, it's time to pay back for all the Mexican votes to the empty-suit-snake oil salesman. Now Mexicans control our Congress, and soon the entire country, thanks to people like Pelosi, Feinstein, Boxer, etc, who gets elected over and over again by the Californian geniuses.
Give you country away, slaves.
The real questions:
Tired by the sheer magnitude of their hideous crimes, are the rapists and thieves now throwing their crushed and debauched victims a crumb?
Will the political stooges continue to display their false outrage at lost pennies, while virtually ignoring the criminal money laundering of billions through AIG to its so called "counter-parties" ?
http://informationclearinghouse.info/article22248.htm
Do we, as a people, have the intelligence, strength, and courage to effectively fight this madness?
Is the fix in --- game over ???
This outrage will never end!
Yep, sold my small non-discretionary ETF residual at opening, something leftover from Feb 09. Now I'm all in gold, foreign currency (organic farm + beach property overseas), cash earning 5.15%. Waiting to buy another house for peanuts.
The second round of fleecing is coming up. See you at DOW 5,000. Like I've said before, don't believe in bottoms right now because there aren't enough bankruptcies yet, to be acquired for pennies-on-the-dollar.
It's too soon for "the puppet masters in charge" to be turning this economy around. The gang wants much more blood in the streets to start buying everything for peanuts. Too much optimism going on. The commercial real estate hasn't even blown up yet, and all the redemption carnage that was blocked by hedges last year have still to commence.
There will be more nosedives as the gang in charge sinks the market to help BO & Congress sell more heist-bailouts. Have you noticed that right before BO & Fed go on talking about the end of the world if we don't pass a new bailout, the market always sinks?
The same formula to fool docile taxpayer slaves applied:
1. BO + Congress + Fed sell the non passage of a new heist as the end of the world.
2. The corrupt media makes it look official (Anderson Cooper, Matthews, Olbermann and his butch).
3. The Madoffs running the casino sink the market to put pressure and make the hysterical doom * gloom look believable.
4. Congress fakes bickering but always passes it by a few votes.
5. Mafia running Wall Street and Washington gets all the taxpayer money and splits with their other partners in crime in Europe.
6. BO fakes outrage after it's passed, goes take vacation in Hawaii or play with his kids at their $7,000 swing set.
7. Barney Frank, Pelosi, & Dodd fake action and outrage, helped by MSNBC.
8. Sheeple believe them
9. Idol is on
10. Rinse & repeat ad infinitum.
There, the 10 commandments given to your new Messiah at Mount Washington.
Casino is the right word for it.
I keep thinking and itchin that it's time to buy, but logic tells me this babies coming down further.
I hear the inflation camp and noted the the fed buying up the treasuries the other day. But I still agree with Mish here, it's not going to stop the train for 2 reasons;
1) Banks are not going to just start handing out credit cards and helocs to anyone with a pulse again for a very long time, if ever. And employers are not just going to start hiring more people and increasing wages. In fact, I think the layoffs continue through the end of the year at least...
and
2) Even if they did, I don't think the people would take the credit or the increased income and spend it. He (Mish) makes a very good point about attitudes and the mentality of people and how this "crisis" will change that. My grandparents always said "don't ever buy anything on time". They were children of the depression. There mentalities were formed by it, ours will change too I imagine.
Actually, right now I think "the credit crisis" or "housing crisis" is already baked into the cake and digested. The market has a pretty good idea of what's going on and has priced accordingly. But now its about those fundamentals. Now it's about the fact Americans don't have the available CASH to buy anything. Now its about the rising unemployment and the problems there. And thats a train that won't be derailed no matter what Bernanke tries.
Nope, I'm staying out. I wish this truly were the bottom because I hate my money not making money, but right now it's about preserving and not growing. JMTC.
"...ten days ago...probably the bottom..."
Heh.
PLEEEAZE buy a shitload of stock, people.
We really need a good opportunity to get out.
CNBS (Wall Street's cheerleading network) needs to be laughed off the air for gross incompetence. Even the attractive whores they hire aren't cutting it.
Bernanke: Executive pay must be monitored
Any thoughts on free markets and socialist interference with them?
How about making bad investor debt good; no problem handing me the bill?
Would you please explain why you are against affordable housing?
Thank you for the sincere discourse.
Take a good look at that graph. Add a trend line to the entire length. I bet you get 500 at 2009.
Crash again S&P. You're still too expensive.
Mike Ozy Ozbourne said: "The Fed has tremendous room to expand its balance sheet." How freaking original. Also, the eliminating of mark to market will turn everything around?
So no mark to market and more Fed stupidity, and we're on to a bull market. These guys need to get out of the office every once in a while. The economy isn't all banking and finance. F you Ozy, you cheerleading bastard.
Anyone seen Schiff?
RayNLA
Every once in a while, it would be nice to hear someone talk about improving our economy through innovation or even improved productivity. Let's get our way through this by making and doing things people demand.
That's instead of relying on the Fed or some insurance company accounting gimmick to scheme our way into prosperity. And as I recall from an earlier S&A post, it turns out the Fed doesn't even need the Treasury's printers anymore, they just add zeros to their excel spreadsheets!
Listening to those guys just confuses me. They know just enough to make them dangerous.
No, I don't think we've hit bottom yet. But I'm not sure. Luckily equities are not the only asset class out there so I don't have to decide.
What I do know is that if Bernanke's plan to create inflation succeeds then precious metals and agricultural commodities will rise, perhaps soar.
If the stimulus and fed policy don't work then they will print more money: buy more securitized auto loans, credit cards, mortgages. They'll also buy more long term treasuries and they'll have another stimulus bill.
They are printing money via an indirect method but rest assured, they are printing money.
Inflation is coming, sooner or later.
So, Keith, What do you think?
Are you heading to the Casino?
(MOABO)
Or staying back and keeping your $$$ in your mattress?
I feel that the rally still has some legs. There was a nice pullback in the financials, but after 50% run, I don't blame people for taking some profits.
There will probably be the continuation of the rally next week and in the financials. Bank Stocks want to run, but just need some sort of lift!
Maybe, the Big O saying he will veto the Bonus Bill. Doesn't make sense...Anything would work...
You have M2M and Uptick right around the corner...And little Timmy should be coming out with his "plan" very soon. Don't fight the FED and the printing presses!
The weak dollar and oil prices should help too. All good things for a BULL RUN! Forget about Joe the Plumber out of work....
Housing should have a better than expected report on Monday also.
Bottom line, the Bottom was at 666. DOW at around 8000 and S&P at 840 in the next 2 to 3 weeks.
FAS is my pick!
C should do well also.
and for a serious gamble, go
for MGM and/or LVS.
Any comments from the peanut gallery?
High Low, High Low and off the cliff we go, High, Low High Low and the song goes on and on.
DOW 4000 folks that's my bet in Casino Royal....love making $$$$ every day in a market of High, Low, High Low...
A very happy day trader!!
It's amazing how fast the global corporate 'community' has fallen into a death spiral.
And their hypocrisy is astounding.
From railing against regulatory oversight to standing in line - hat in hand - at the Fed 'window' begging for bailouts...and recommending new regulations!
Initially, their 'race to the bottom' started with a relaxed regulatory environment that allowed a few 'opportunistic' grifters to gain an unfair advantage.
This created an uneven playing field that required others to join in.
As traditional ethical standards deteriorated, it became a corrupted business enviroment.
Leading to a: "If you can't beat 'em, join 'em!" mentality.
Well, the game is over now and they've written-off every shred of 'good will' that they'd accumulated prior to their corrupt 'easy money' binge.
*and*
They deserve NO sympathy.
They deserve NO bail outs.
*however*
They DO deserve prosecution for their criminal activity.
They DO deserve to go to prison after their convictions.
OT. Anyone else riding from FL to Sturgis, with a Harley, for the rally 69th in August?
Clearly we're going back to 1985 levels and resume the normal slow growth, as the chart indicates. No bubbles to pursue anymore...nobody is falling for tech or housing anymore. Perhaps we need to bring back the tulip frenzy.
Just shameless thieves! They want to force a bottom on us! I am afraid that, by so doing, their fists will go straight through and create another bottomless hole in the market.
I never believed them; I don't watch them now; and I will never expose myself to such perverted manipulation.
Dow @ 5500 in a few weeks! You've been forewarned!
Speaking of casinos. Hsve you noticed the buffet quality keeps going down each year? Way to go MBAs! I eating Wynn's buffet 3 years ago and it was similiar to feasting like royalty, much like what the crooks on wall st. and in DC eat every night!
Now Wynn's food tastes like Hometown Barffet. And there's much less selection too.
"...a inexperienced guy with socialist leanings in the White House [caused] Trillion dollar defecits for the next 10 years..."
The other guy would have avoided that by ____________________.
We're all ears.
OHHH MYYYY GOD.
The "We the People" Stimulus package video is a MUST SEE!!!!!
http://www.youtube.com/watch?v=jeYscnFpEyA
Post it far and WIDE!!!!
Edit Comment
4 words:
GOLD, GUNS, AMMO & FOOD....
Oh OK, and for the really bad times ahead---Add Hookers and Blow to the list.
You would not believe how scared and in trouble the average person is. I mean crying scared. Angry scared. Angry towards the country, the government, "wall street" - whatever they conceive it to be. Up to their neck in debt, often just for living expenses and food. I have sisters in retail - bookkeepers, middle managers... sales are down, stock is being reduced, everyone is scared about their jobs. Most people are trying to understand it but really don't and don't trust anybody as a result. A lot of couples have one person out of work. It is causing a lot of strife. And the worst part - the good people are getting even more hurt - credit lowered, rates raised, tax assesors trying to redefine properties to get everything they can, theft and scamming increasing ... .
I'm tired of TV - the advice is worthless. I'm sick of the rehashing.
If in the end we knew the bill would be 3 or 4 trillion as it is now, wouldn't it have been nice if they had just slashed taxes and given everyone a grand or so? Isn't it time for government itself to cut costs? I mean the beauracracies? I really wonder where this is going to go.
You do realize that if Obama and Biden pass away, Pelosi is President.
I can't watch CNBC anymore. They're all full of shit.
@ will shill for coin
If you think anything would be different under McCain you are indeed a dumbass tool; and the freak. "They" get what they want. There is no difference between Repubtards and Demsh*ts. That was sewn up decades ago.
The only way to effectively change things now would be a "9/11" type event. Burn to the ground AIG, Goldman Sachs, JP Morgan & the Federal Reserve. And perp walks for every congressional committee chairman of the last 10 years.
Still waiting for those liberals to post Olbey, et al vids on attacking Dodd and Frank re AIG....
Just for fun, I asked the Tarot cards about the next three months for the US. This was the third outcome card. But, hey, its just Tarot. Right???
"The Tower
in the Future position.
A card in the right position indicates your questions future.
"Destruction. Major change. Unheeded warnings. Greed, pride, arrogance. Revolution. Breakdown or breakthrough‹ the positive or negative implications of the card depend on the querent¹s position. If one has been living under oppression, dramatic and possible traumatic change will be freedom, but if one has been living the high life off the toil of others, expect reversal of fortune and loss. Irrepressible tantrum of change. Eruption. Triumph over enslaving, compulsive behaviours such as addiction or obsessive complexes. Collapse of the old system or lifestyle. Destruction of gains made by ill means. Clearing of the air. Cleansing destruction. Change of values."
Double down.
Keith, read this. I guarantee it will make you fume:
http://www.rollingstone.com/politics/story/26793903/the_big_takeover/1
Thanks freaks. You insisted on putting a inexperienced guy with socialist leanings in the White House and now we're screwed.
Trillion dollar defecits for the next 10 years.
*****************************************
but according to the GOP, deficits are really a non-issue, right? Oh yeah, that's only when the GOP run up the deficit that it doesn't matter. You guys are the fucking biggest hypocrites of ALL time. You want your cake and eat it too. Bastards. I remember some hardcore Republican defending the huge deficit that was being run up back in 2004 by saying that "it's no big deal, you just print more money." What happened Republican boneheads? You suddenly found Jesus? No one believes you guys anymore...give it up.
Thanks freaks. You insisted on putting a inexperienced guy with socialist leanings in the White House and now we're screwed.
Trillion dollar defecits for the next 10 years.
*****************************************
I know because, like, George Bush left us with such a huge surplus and such fiscal discipline that Obama just rode in on 1/21/09 and then 'poof', we have a huge deficit. Republicans are such fucking hypocrites, it makes me nauseous. I remember this hard-core dorky Republican telling me in 2004 that "deficits don't really matter b/c you can always print more money. No biggie. In fact, deficits get the economy going." Fuck you. No one, but a mere 25%, believe you guys anymore. Nothing that you guys tried in all the time you guys had almost absolute power, worked. Nothing. Now, you are all such fiscal conservatives, "let's now get back to our roots since nothing else worked assholes". Supply-side, trickle-down, cut taxes, extreme makeover of the Middle East, etc, etc...blah, blah. Now Obama has to pick up your shit. And yeah, many Dems had a hand in this but you guys were the pro-business, pro-deregulation, pro-war-on-terror party. By way of an analogy, the republicans were the ones who brought the hard alcohol and heroine to the corporate orgy and now you can just shut up while we try to fix the mess you left.
Que se jodan pero duro!!!!
The welfare system of America is bringing the country down I agree. And it's not only the Mexican immigrants who abuse it, it's everyone including Whites. It's the welfare system ITSELF that is the problem, not particular groups of people who abuse it more prominently than others ... although I agree that immigration is a problem for America and should be ended pronto.
The welfare system is 'anti-evolutionary' in a sense in that it encourages the lazy, the less competent, the self-indulgent, undisciplined - the alcoholics and drug addicts etc - in other words, those with less desirable traits to outbreed those with more desirable traits. Those with more desirable traits in fact are discouraged from multiplying in this situation.
So you have a nation with a weak people, not a strong people. This will have the effect of hurting the nation and ultimately impoverishing it. You cannot punish those who are productive and have desirable qualities and reward those who are unproductive and have undesirable qualities and not expect to have a nation in crisis.
Nations don't work like that.
A welfare nation is worse than a communist nation. At least there is an element of 'fairness' in a communist nation. EVERYONE in a communist nation gets the same free things in the same amounts (theoretically at least). Everyone, for instance, gets a subsidized apartment, transport, health care etc ......
In a welfare nation, the less competent people are the ones who get these things, and the more competent ones are denied these things and in fact have to sacrifice their money and labor to provide the other group with these things.
What results is a slavocracy. The competents are slaves to the incompetents.
It's a topsy turvey world and is unnatural. The nation that has this weird slavocracy is bound to come apart at its seams. And it has.
Did dividends rise by the same amount during those double peaks?
"PLEEEAZE buy a shitload of stock, people.
We really need a good opportunity to get out."
This is SPOT on. These Jackoffs are lookking for a reason to get OUT, not stay in. Any little bump will cause profit taking again as shown in the last 2 days. No long term gain, just short term dead cat bullshit!
Oil - to the moon Alice!
Wall Street is a Casino. The problem is that the dealer is no longer George Bush but BO, and you are now going to lose. Want to see what happens to the Dow and Gold, just look at Jimmy Carter's first term. The media had a love affair with Jimmy Carter because he said he would never lie to us. During 1977, Warhol had pop art of Jimmy Carter the Peanut Farmer made President. Mr. Peanut had a Carter face. Everyone loved Carter, even Saturday Night Live. Plus, Carer was a real religous man too. He was no Tricky Dick Nixon. He even got out of the limo and walked PA Avenue Inaug Day. But by 1979, the Carter Party was over. He was no longer seen as honest but dangerously incompetant. He may have been a top student but he was a terrible President. It took till 1983, with a C student, and B rate actor for the United States to climb out of Carter land. No winning at the Casino till BO is long gone.
goldilocks got run over my a truck
Singular said...
The welfare system of America is bringing the country down I agree. And it's not only the Mexican immigrants who abuse it, it's everyone including Whites. It's the welfare system ITSELF that is the problem, not particular groups of people who abuse it more prominently than others ... although I agree that immigration is a problem for America and should be ended pronto.
The welfare system is 'anti-evolutionary' in a sense in that it encourages the lazy, the less competent, the self-indulgent, undisciplined - the alcoholics and drug addicts etc - in other words, those with less desirable traits to outbreed those with more desirable traits. Those with more desirable traits in fact are discouraged from multiplying in this situation.
So you have a nation with a weak people, not a strong people.
Nailed it. Well said.
You do realize that if Obama and Biden pass away, Pelosi is President.
Damn you, made me choke on my carbenet.
Sorry! :)
My choice is Gin. I've been choking on it too!
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