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DrudgeReport.com
VIEW VIDEO HERE!
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From FreeRepublic.com: Early Signs of The Rebellion (Sleeping Giant, the Silent Majority, Is Waking Up...and it's Angry)
multiple (including CNBC and Chicago Trading Floor) ^
Posted on Thursday, February 19, 2009 11:28:42 AM by quesney http://www.cnbc.com/id/15840232?video=1039849853 http://www.freerepublic.com/focus/f-news/2187725/posts?page=16#16 http://www.freerepublic.com/focus/f-news/2187725/posts http://www.capitol.state.tx.us/BillLookup/History.aspx?LegSess=81R&Bill=HCR50 ----- Change is coming...and it won't be Obama's kind of change. |
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Who is John Galt ??? [←LINK] * * * * In defense of Silence: [←LINK] And finally in 2029 compounded at 3% interest with no principal paid down, -compounded- that $ 53 Trillion will grow to or equal $ 95,723,000,000,000 (95.7 Trillion) in 2029 and the interest then will equal $ 2,871,000,000,000 (2.87 Trillion) a year, in interest alone. This is the impact, of the most powerful force in the universe, on our total debt. You may think it’s tough now, in twenty years time the gravity of this force is disastrous. That interest, if we are lucky to borrow anything from China, Japan or any other universal entity, and get it at just 3% will total: $ 2,871,000,000,000 ($ 2.8 Trillion .... The sad thing is, I still believe We "CAN-DO-USA" if given ownership now! |
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| Posted 2009-02-19 2:45 PM (#7653 - in reply to #7642) By: gcsteven
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My take:
We've been complaining about those deadbeats (like me allegedly) who don't pay their bills. We've been complaining about the people who borrowed above their means. We've been complaining about the losers we're bailint out.
Something we haven't realized is that we are practicing communists. We've been borrowing from our neighbors in the name of Fannie and Freddie through banks for years. We've been drooling over FHA rates because the government errr our communist neighbors guaranteed our notes.
Since when was it the government's responsibility to lend???????
Since when should we trust people like Barney, Nancy, and Harry to determine how much loan we can afford?
Where is the rant about the communism of our banking industry and the totalitarianism of how the banks have been operating lately?
Why aren't the very rich investing in borrowers with their own real money (albeit it's still a fake dollar) rather than our neighbors in the name of Fannie and Freddie, not even mentioning the mess of student loans?
Thanks so much,
Jason Werner
Olmsted Township, OH
Welfare Recipient of Fannie Mae via puppet banks, and
Former Ignorant Card-carrying commmunist Banker |
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| Posted 2009-02-19 2:58 PM (#7654 - in reply to #7638) By: jwerner
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Would You Join Santelli's "Chicago Tea Party"?
http://www.cnbc.com/id/29283701
Edited by Philomena 2009-02-19 8:36 PM
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| Posted 2009-02-19 8:36 PM (#7680 - in reply to #7638) By: Philomena
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Rick Santelli will be on the Don Wade and Roma show on 890AM WLS-AM Chicago this morning at 8:00am Central. Listen live on computer: http://www.wlsam.com/article.asp?id=152352 Don and Roma Poll
Do You Want To Join Rick Santelli's "Chicago Tea Party" Mortgage Revolt?" ...
Nevermind, can't find the link to the poll, I think they were referring to the CNBC one:
http://www.cnbc.com/id/29283701
Edited by Philomena 2009-02-20 6:17 AM
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| Posted 2009-02-20 5:23 AM (#7689 - in reply to #7680) By: Philomena
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Money for Idiots
New York Times Op-Ed Column
By David Brooks
February 19, 2009 Our moral and economic system is based on individual responsibility. It’s based on the idea that people have to live with the consequences of their decisions. This makes them more careful deciders. This means that society tends toward justice — people get what they deserve as much as possible Over the last few months, we’ve made a hash of all that. The Bush and Obama administrations have compensated foolishness and irresponsibility. The financial bailouts reward bankers who took insane risks. The auto bailouts subsidize companies and unions that made self-indulgent decisions a few decades ago that drove their industry into the ground. The stimulus package handed tens of billions of dollars to states that spent profligately during the prosperity years. The Obama housing plan will force people who bought sensible homes to subsidize the mortgages of people who bought houses they could not afford. It will almost certainly force people who were honest on their loan forms to subsidize people who were dishonest on theirs. These injustices are stoking anger across the country, lustily expressed by Rick Santelli on CNBC Thursday morning. “The government is promoting bad behavior!” Santelli cried as Chicago traders cheered him on. “The president ... should put up a Web site ... to have people vote ... to see if they want to subsidize losers’ mortgages!” Read more ... |
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| Posted 2009-02-20 6:20 AM (#7692 - in reply to #7689) By: Philomena
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cc, 2/24/09 See Rick Santelli's Tea Party rant ... above. |
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| Posted 2009-02-24 7:14 PM (#8064 - in reply to #7692) By: Savvy
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