A Couple of Good Obama-toons

Obama should lose the teleprompter crutch:



BTW, the Obama teleprompter has a blog.


And here is another great editorial cartoon:

The Republi-Con Fear, Anger, and Hatred Machine

For an interesting perspective on the right-wing media, read the Washington Post, The News From Planet Hannity.

With due respect to FDR, the only thing we have to fear is (Republi-con) fear, anger, and hatred.

No Class Today at NoBullU on WEBY

Usually on Fridays you can listen to me, the voice of wisdom and reason in a wilderness of partisan rhetoric -- no political insanity, no conservative hypocrisy, no liberal foolishness -- just straight talk, straight at you, and that’s no bull!!

But I can't make it today so Ken or Mike will substitute. Until the next show, post a comment or two.

Bailout Scorecard

How much money has been allocated and spent, for what and and when? See CNN Money, Economy rescue: Adding up the dollars to keep score.

Republi-Con Fear Mongering

UPDATE: More on the old and unimproved right-wing fear-mongering media strategy for Obama. Read The New York Times, Fox News’s Mad, Apocalyptic, Tearful Rising Star.

And remember . . .

Be afraid, be very, very afraid, while the robber investment banks and financial institutions loot the treasury and buy FoxNews ads:

The Colbert ReportMon - Thurs 11:30pm / 10:30c

Glenn Beck's War Room

Colbert Report Full Episodes
Political Humor

Rap Battle
Joke of the Day

The Colbert ReportMon - Thurs 11:30pm / 10:30c

Doom Bunker - Jack Jacobs and Stephen Moore

Colbert Report Full Episodes
Political Humor

Rap Battle
Joke of the Day

The purpose of terrorism is to terrify the target public.

Thanks to the Republi-cons and FoxNews, OBL has won.

How Do You Feel About the Economy?

The New York Times wants to know. You can enter the word that best describes your current mood.

I said I was disgusted.

Why, although you are not asked to explain your feeling, I'm disgusted because the banks (and other financial institutions) are robbing our future.

What did you say? And why?

What is Your Congressman's ROR?

UPDATE III: An update from my initial post in February. Congressman with ties to the PMA Group, AKA Murtha Men, may want to start worrying. The lobbying firm, one of the 10 biggest in Washington, and started by Paul Magliocchetti, a protégé of Representative John Murtha, is closing after prosecutors raided Magliocchetti's office and home last week. See The New York Times, Star Lobbyist Closes Shop Amid F.B.I. Inquiry.

UPDATE II: See The Seattle Times, The Favor Factory 2008, for a database of lawmakers, earmarks, and campaign giving.

It seems that our local Congressman's overall ROR was only 9,050% over five years. In 2008, Miller's total defense earmarks were $7,400,000 and his 2003-08 campaign contributions from earmark recipients was $81,750. However, his PMA ROR remains unchanged.

Is your Congressman a Murtha Man?

Read Congressional Quarterly, Firm with Murtha Ties Got Earmarks From Nearly One-Fourth of House.

Or read The New York Times, 104 Will Get You $300 Million:

"A lobbying powerhouse recently raided by federal agents has hurriedly gone out of business, but not before leaving a detailed blueprint of how the political money churn works in Congress. It was already clear that the PMA Group had heavy clout through Representative John Murtha and his powerful clique of defense appropriators. They, in turn, netted hefty campaign donations from PMA’s grateful roster of defense contractors.

But now, just as the firm implodes in the face of a growing scandal, new Congressional disclosure regulations are revealing the breathtaking breadth of PMA’s influence. The lobbying group — a revolving-door boîte created and run by staff alumni of the Murtha appropriations team — scored a singular coup last year. It convinced 104 different House members to add separate earmarks into the defense appropriations bill worth $300 million to PMA Group clients.

These same lawmakers who looked out for the PMA Group have received $1.8 million in campaign donations from the lobbying firm since 2001, according to an analysis of new disclosure filings by Congressional Quarterly and Taxpayers for Common Sense, a watchdog group.

Quid pro quo is the hardest of Congressional crimes to prove. But the new disclosure requirements — created by Democrats after the Republicans’ Jack Abramoff scandal — reveal the shameless back-scratching of lobbyist and lawmaker, tracking the flow of taxpayers’ funds to contractors and back as booty to lawmakers.

The raid on the PMA Group was part of an investigation into possible illicit campaign donations. Fast as PMA quit town, members of Congress have begun donating the lobbyists’ money to charity. Investigators should show the same diligence and enthusiasm following the full PMA money trail."

Then check to see if your congressman is on the list at Congressional Quarterly, Lobbying Firm's Capitol Hill Connections.

Our local Congressman, Jeff Miller, was one of the 104. He secured $3,800,000 in earmarks for clients of The PMA Group in the fiscal 2008 defense appropriations law, which was enacted in 2007. He has received $7,000 from PMA Group's political action committee or its employees since 2001. That is a rate of return (ROR) of over 54,285% over 6 years. Not bad for PMA.

(The actual ROR is probably much higher because there were likely earmarks made in other years. But why quibble whether it was a ROR of 54,000% or 55,000% or more, it is an great ROR for PMA in any case.)

But makes ya wonder why Congressman are so cheap.

UPDATE: It appears that my Senator, Bill Nelson, sold out to the Stanforn Financial Group for $45,000. As The New York Times reported "the Securities and Exchange Commission accused Robert Allen Stanford, the firm’s chief, of conducting 'a massive ongoing fraud' in the sale of about $8 billion of high-yielding certificates of deposit held in the firm’s bank in Antigua."

Is there no shame in Congress.

An Outrage to Liberty and Freedom

UPDATE: Thanks to those who took time to express their concern and outrage. As a result, Missouri scraped MIAC report.

Chuck Baldwin is the pastor of Crossroad Baptist Church in Pensacola, Florida, and was the presidential nominee of the Constitution Party for the 2008 U.S. Presidential election.

Baldwin alleges that there is a a secret Missouri state police report that categorized supporters of Congressman Ron Paul, Bob Barr, and himself as "'militia' influenced terrorists" and that the report "instructs the Missouri police to be on the lookout for supporters displaying bumper stickers and other paraphernalia associated with the Constitutional, Campaign for Liberty, and Libertarian parties."

See his letter.

If this is true, it would be an outrage to liberty and freedom and someone should be fired and prosecuted.

Write Missouri Governor Jay Nixon and demand an explanation.

No Class Today at NoBullU on WEBY

Usually on Fridays you can listen to me, the voice of wisdom and reason in a wilderness of partisan rhetoric -- no political insanity, no conservative hypocrisy, no liberal foolishness -- just straight talk, straight at you, and that’s no bull!!

But I can't make it today so Ken or Mike will substitute. Until the next show, post a comment or two.

No Class Today at NoBullU on WEBY

Usually on Fridays you can listen to me, the voice of wisdom and reason in a wilderness of partisan rhetoric -- no political insanity, no conservative hypocrisy, no liberal foolishness -- just straight talk, straight at you, and that’s no bull!!

But I can't make it today so Ken or Mike will substitute. Until the next show, post a comment or two.

Have the Foobs Finally Had Enough

UPDATE III: Still not fed-up with the Washington politician-New York banker cartel. Then read The Associated Press, 13 firms receiving federal bailout owe back taxes and the Washington Post, House GOP Report Details Countrywide's Efforts to Benefit VIPs.

The bonuses at AIG are just the tip of the iceberg. As The Deal Professor writes:

"Washington is filled with outrage over the $165 million in bonuses given out by the American International Group. Yet, as I said in my post on Tuesday, “Seven Sad Truths About A.I.G.,” the real concern over the insurance giant should be about the $170 billion in government bailout money it received and and A.I.G.’s subsequent payments of tens of billions to a myriad of banks.

All of this appears to have been done without any attempt to bargain or otherwise obtain government recompense from these third-party banks. Congress should hold hearings to find out why this was done and if it was appropriate, instead of concentrating on the more minor compensation issue."

Clearly there are two sets of rules and regulations in life: those that apply to the Washington politician-New York banker cartel and those that apply to the rest of us.

Is it time to renew Operation Siege?


UPDATE II: FINALLY, after nearly six months of criticizing the bailout of AIG and other insolvent investment banks and non-depository financial institutions, people are starting to realize it was and is a con job, flim flam, gaffle, grift, hustle, scam, scheme, or swindle. Claim the world will collapse unless _____ (fill in the blank), and the purpose: save the big-wigs. Former Treasury Secretary Henery Paulson had become fabulously wealth working at Goldman Sachs.

Read the Washington Post, Wall Street's Dangerous Refusal to Learn and The New York Times, A.I.G. Bailout Priorities Are in Critics’ Cross Hair.

I SAY AGAIN: the AIG bailouts were an attempt to try and save well-connected investment banks, like Goldman Sacks. The AIG bailout never made sense, except if you understood that the money was meant to save Goldman Sachs. Since early on it has been clear that payments to AIG were just a cover to get money to Goldman Sachs. And when the original terms of the bailout proved too onerous, the terms were waived for another sweetheart deal.

Read The Big Picture, Backdoor Bailouts for Goldman Sachs? Also read The New York Times, A.I.G., Where Taxpayers’ Dollars Go to Die.


UPDATE: For months I've said, let the insolvent non-depository banks and other financial institutions fail. Others are beginning to realize that it would be the better solution. Read Time, The Case for Letting AIG Fail.

You also might want to reread my proposed solution to the economic mess.

Since September I've said that the AIG bailouts were an attempt to try and save well-connected investment banks, like Goldman Sacks, the former firm of former Treasury Secretary Paulson. The AIG bailout never made sense, except if you understood that the money was meant to save Goldman Sachs. Since early on it has been clear that payments to AIG were just a cover to get money to Goldman Sachs. And when the original terms of the bailout proved too onerous, the terms were waived for another sweetheart deal.

Others finally began to realize the same. Read The Big Picture, Backdoor Bailouts for Goldman Sachs? Also read The New York Times, A.I.G., Where Taxpayers’ Dollars Go to Die.

Well, the list of AIG payees was final released, and to date Goldman Sachs has received $12.9 billion, nearly twice as much any other American financial company.

The practice of engaging in financial transactions to conceal the identity, source, or destination of money is a crime called money laundering. But instead of investigations and criminal prosecutions, there will be more bonuses.

That's right, AIG laundered the money, so now it is time to split the AIG take on the deal, $165 million in bonuses.

Where is the outrage! Are taxpayer really such foobs?

Or have they had enough? Is it time again for Operation Siege?

Let me know.

Sponsor an Executive

REPOST: First posted on January 1, 2009:

A good parody:





BTW, $3,700/day equals $1,350,500/year. If you are interested, you can sponsor me.

Another Smackdown of Right-Wing Media

UPDATE II: The Smackdown, Part I:

The Daily Show With Jon StewartM - Th 11p / 10c

Jim Cramer Unedited Interview Pt. 1

Daily Show Full Episodes
Important Things w/ Demetri Martin

Political Humor
Jim Cramer

Smackdown, Part II, listen closely as Cramer admits to engaging in fraud as a hedge fund operator:

The Daily Show With Jon StewartM - Th 11p / 10c

Jim Cramer Unedited Interview Pt. 2

Daily Show Full Episodes
Important Things w/ Demetri Martin

Political Humor
Jim Cramer

Smackdown, Part III:

The Daily Show With Jon StewartM - Th 11p / 10c

Jim Cramer Unedited Interview Pt. 3

Daily Show Full Episodes
Important Things w/ Demetri Martin

Political Humor
Jim Cramer

The Justice Department and SEC should subpoena Cramer to testify before a grand jury.

Last week, Jon Stewart outed the media incompetence and hypocrisy.

NBC should have let it lie, but White & Bitter Joe and other pendejo Peacocks gave Stewart reason to do more turd mining. Watch the video and you'll know what I mean:

The Daily Show With Jon StewartM - Th 11p / 10c

Basic Cable Personality Clash Skirmish '09

Daily Show Full Episodes
Important Things With Demetri Martin

Political Humor
Economic Crisis

The media's role in the economic mess reminds me of the media's role in the run-up to the Iraq war. It further illustrates the right-wing media/Republi-con quid pro quo: Right-wing media gives dishonest media coverage and enables and promotes the interest of Republi-cons and, in exchange, wealth corporate interest buy ads on right-wing media. A perfect arrangement to defraud the public.

The Naive-crats should hire this guy to run their PR.

UPDATE: It appears the smackdown will continue tonight, or maybe Stewart and Cramer will kiss and make-up. Guess we'll have to tune-in and see. Until then, here is a compilation of the Daily Show and Colbert's Best Jim Cramer Moments.

Show Link(s)

As discussed on today's program:

WRAL, Wake judge orders home schoolers into public classrooms.

Is Congressman Miller Veritasphobic?

C.H. recommended: Wall Builders (I hope this is the web site to which he referred. If not, let me know.)

Adam recommended: Meet the Truth.


Meet Mallory.

Class Today at NoBullU on WEBY

Listen to the voice of wisdom and reason in a wilderness of partisan rhetoric -- No political insanity, no conservative hypocrisy, no liberal foolishness -- Just straight talk, straight at you, and that’s no bull!!

It will be the paraskavedekatriaphobic edition of NoBullU today from 4:05 to 6 p.m. at 1330 AM WEBY and on line, courtesy of Cyber Smart Computers.

Topics:

Local and state: why is our local representative, Congressman Miller afraid of the to be a guest on WEBY, is it because he has veritasphobia, and

Nation and international: the suspension of Operation Siege.

But I'll discuss anything. (Disclaimer: the host reserves the right to end any discussion and hang up on you.)

So tune-in, call-in, but only if you can handle the truth!

WARNING: You may not want to call in if you have veritasphobia, especially if you are a certain veritasphobic politician.

Is Congressman Miller Veritasphobic?

It seems that a certain local congressman's office called to complain about me and/or the Thursday host on WEBY.

Why? Read these blog posts:

What is Your Congressman's ROR?

Local Republi-Con Fiscal Conservative Hypocrisy

Republi-Con Strategy, Just Say No

A politician can distinguish himself in Washington by seniority or merit.

Like most, our Congressman Jeff Miller, who has veritasphobia, is a fine example of the former.

God help us all.


P.S. What's a stupid politician? A tautology.

How about a little more Congressional humor:

"How much do you think Senators make? They now make $154,700 a year. But they say it will stimulate the economy because eventually that money will trickle down to the liquor stores, the hookers, the brothels ... then it will get back in the community." —Jay Leno, on Congress voting itself a pay raise

There is no distinctly American criminal class - except Congress. —Mark Twain

Reader, suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself. —Mark Twain

The taxpayers are sending congressmen on expensive trips abroad. It might be worth it except they keep coming back! —Will Rogers

This country has come to feel the same when Congress is in session as when the baby gets hold of a hammer. —Will Rogers

The trouble with practical jokes is that very often they get elected [to Congress]. —Will Rogers

The only difference between death and taxes is that death doesn't get worse every time Congress meets. —Will Rogers

With Congress, every time they make a joke it's a law, and every time they make a law it's a joke. —Will Rogers

Tell me your favorite Congressional joke.

Operation Siege Suspended

Operation Siege is suspended until further notice because of public apathy.

Sad to say, but the looting of the treasury and the robbery of our future by investment banks and other financial institutions will continue until there is adequate public outrage.

Let me know when you have had enough of the looting.

The Fed Enabled a Ponzi Scheme

It has been a year since the collapse of Bear Stearns, which was the beginning of the deleveraging.

Listen to NPR, Book Reveals Bear Stearns' 'House Of Cards.'

In short, for twenty years Bear Stearns and other financial banks became fabulously wealth using billions of dollars in fed money borrowed overnight for very low rates and using that borrowed money to buy risky notes, such as subprime mortgages. The profit was in the spread, that is, the difference between the cost to borrow the money and the return on the risky investments. And the riskier the investiment, the higher the profit.

It was a Ponzi scheme in that new money instead of profit was always needed to payoff older promises because the profit was used to finance lavish salaries and bonuses. It worked fine so long as new loans were available, but it depended on refinancing billions of dollars everyday.

But, like a house of cards, it wasn't structurally sound.

In short, our government, through the Fed, enabled a Ponzi scheme and is now using the U.S. Treasury to prop up the scheme.

And companies know that the government will bail them out. Read, The New York Times, The Looting of America’s Coffers, which states:

"Sixteen years ago, two economists published a research paper with a delightfully simple title: 'Looting.'

The economists were George Akerlof, who would later win a Nobel Prize, and Paul Romer, the renowned expert on economic growth. In the paper, they argued that several financial crises in the 1980s, like the Texas real estate bust, had been the result of private investors taking advantage of the government. The investors had borrowed huge amounts of money, made big profits when times were good and then left the government holding the bag for their eventual (and predictable) losses.

In a word, the investors looted. Someone trying to make an honest profit, Professors Akerlof and Romer said, would have operated in a completely different manner. The investors displayed a "total disregard for even the most basic principles of lending," failing to verify standard information about their borrowers or, in some cases, even to ask for that information.

The investors "acted as if future losses were somebody else’s problem," the economists wrote. 'They were right.""

The full title of the research paper is Looting: The Economic Underworld of Bankruptcy for Profit.

Where is the outrage! Are taxpayer really such foobs?

Oh, sorry, you are worried about the earmark bogeyman created by the Republi-cons to distract you from the cause of the economic mess.

Why do I pay my taxes?

UPDATE: Read The New York Times, A Tsunami of Excuses, for more proof that greed caused the economic mess.

A Thousand Words

A picture is worth a thousand words is a saying/cliche that refers to the idea that complex stories can be described with just a single still image. And that is just what these images do:





Those are mostly Republi-cons at the trough.

This, of course, describes the bailouts to date:



But I like this one best:



If you missed it, the anvil symbolizes the screw job the taxpayers are getting while the Wall Street big-wigs continue to reap their unjust rewards.

Operation Siege, Numero Deux

UPDATE VII: Read another great article describing the nature and magnitude of the economic mess, Washington Post, Tim Geithner's Black Hole. Then reread my posts:

Economic Mess for Dummies and

Problem, Causes and Professor NoBull's Solution for the Economic Mess

Now you understand why my proposal to invalidate all credit default swaps and nationalized insolvent banks makes sense.


UPDATE VI (earlier updates below): Read The Big Picture, Backdoor Bailouts for Goldman Sachs? Also read The New York Times, A.I.G., Where Taxpayers’ Dollars Go to Die. And re-read The New York Times, Propping Up a House of Cards, in which the writer predicts that the government will spend "quarter of a trillion dollars" to prop up AIG.

The appropriately named articles confirm what I have said for sometime, the AIG bailouts are an attempt to try and save well-connected investment banks, like Goldman Sacks, the former firm of former Treasury Secretary Paulson, the focus of an initial bailout proposal that never made sense, beneficiary of over a hundred billion bailout dollars, and then a hundred billion more.

It is robbery of our future!

This is the reason for our outrage and our action.

The plan is to lay siege to the federal government, a figurative siege that is, of calls, and faxes, and emails, and letters, and demand that the government protect the treasury of our country from further looting.

The next siege will commence on Friday, with one volley, at noon CST.

The specific objective is the White House.

The coordinates are:

Address for letters: The White House, 1600 Pennsylvania Avenue NW, Washington, DC 20500

Phone Numbers:

Comments: 202-456-1111
Switchboard: 202-456-1414
FAX: 202-456-2461

Email form: click here.

Tell them that we're not gonna take it and you want the government to protect the treasury from further looting by the robber investment banks and financial institutions.

I'm going to tell them: "Stop the bailout BULL! Protect the treasury NOW from further looting. No more money for insolvent investment banks and financial institutions."

Prepare for the siege by watching this video:



This is our banner:






















Now is time to prepare. Recruit fellow taxpayers, family, and friends.


Check back for further details.

CAUTION: Don't do anything stupid.

UPDATE: As expected, more looting of the treasury.

After a $60 billion loan, a $40 billion purchase of preferred shares and $50 billion to soak up the company’s toxic assets, Uncle Sam will quadruple down on AIG, with an additional $30 billion in taxpayer money. Read The New York Times, A.I.G. Reports $61.7 Billion Loss as U.S. Gives More Aid.

A loss of $61.7 billion in the fourth quarter, that is $465,421 per minute. "To put that in perspective, every six seconds it loses enough to pay full tuition for a year at Harvard."

"No company has cost you, the taxpayer, more money. And no company deserves it less." AIG was the enabler of the economic mess.

And Goldman Sacks, the former firm of former Treasury Secretary Paulson, was one of the enablees. All these bailouts are an attempt to try and save well-connected investment banks, like Goldman.

Time to End the Bailout Bull

Time to admit that Wall Street had just become a Ponzi scheme.

Time to kill the zombie banks and other financial institutions.

This is the reason for our outrage and action.


UPDATE II: Time to rally the peasants. Only a dozen or so have indicated that they will participate in the first siege, although I expect many times that number on Friday. If you plan to participate, please indicate in the poll on the right. I need to know some numbers in order to make the most effective use of assets.

If we don't have at least 100 declared participants, we will have to combine forces for one volley. In that case the first siege will begin at noon CST, or 18:00 (6:00 P.M. same day) GMT. (To calculate your local time for noon CST, use this time converter.)

Check back for a final update late Thursday.

And rally your friends and family to stop the looting of the treasury.


UPDATE III, MUST READ: Still not convinced. Read The Big Picture, Solvent Insurer / Insolvent Insurer about "[w]hy are the taxpayers making good on hedge fund trades gone bad" AKA the AIG bailout. There is no legitimate reason that insolvent banks and financial institutions should not be forced into bankruptcy. The only reason to bail them out is to save the stockholders. Former Sec. Treasury is one of those stockholders. He owns billions of dollars in Goldman Sachs stock. Ergo, he and other well-connected stockholders prefer government bailouts to save their investment vice bankruptcy.

STOP THE LOOTING OF THE TREASURY!


UPDATE IV, MUST LISTEN: Prefer to listen to, rather than read, the news. Then listen to NPR, Fresh Air, Simon Johnson on Bank Bailout Plan. Johnson is a former chief economist of the International Monetary Fund, a professor at the MIT Sloan School of Management and a senior fellow at the Peterson Institute for International Economics.

The gist of what he says is that well-connected billionaires are using taxpayer money to prop up their bankrupt companies.

Therefore, I don't understand the public apathy! WHERE IS THE OUTRAGE!


UPDATE V: In an article titled The Big Dither, Paul Krugman, the newest winner of the Nobel Memorial Prize in Economic Sciences, writes that when it comes to dealing with banks, the Obama administration is dithering. And the result could be an economy that sputters along for a very long time. Further, he writes, by:

"using taxpayer funds to subsidize the prices of toxic waste . . . most of the benefit would go to people who don’t need or deserve to be rescued.

And this means that the government would have to lay out trillions of dollars to bring the financial system back to health, which would, in turn, both ensure a fierce public outcry and add to already serious concerns about the deficit. (Yes, even strong advocates of fiscal stimulus like yours truly worry about red ink.) Realistically, it’s just not going to happen.

So why has this zombie idea — it keeps being killed, but it keeps coming back — taken such a powerful grip? The answer, I fear, is that officials still aren’t willing to face the facts. They don’t want to face up to the dire state of major financial institutions because it’s very hard to rescue an essentially insolvent bank without, at least temporarily, taking it over. And temporary nationalization is still, apparently, considered unthinkable.

But this refusal to face the facts means, in practice, an absence of action. And I share the president’s fears: inaction could result in an economy that sputters along, not for months or years, but for a decade or more. "

Time to kill the zombie banks and other financial institutions.

The Republi-Con Earmark Bogeyman

I'm not in favor of earmarks, but almost all Congressman use them. That said read CNN, Earmarks: Myth and reality. As this article states "their total dollar amount typically represents less than 1% of the federal budget." Therefore, eliminating every earmark would do little to balance the budget.

Earmarks are the new Republi-con bogeyman, a typical example of political whining. A serious political party would talk about the need for complete government structural and budget reform, what I've called GRAC.

Republi-Con Strategy, Just Say No

I've written in the past about the Republi-Con fiscal conservative hypocrisy and their dearth of ideas. But the Republi-con strategy is to just say no and hope for failure. Others agree. Read The New York Times, Taking a Depression Seriously, in the which the Republican writer states that if the Republicans wanted to do the country some good, they’d embrace an entirely different approach on the economic crisis.

Even the local paper has wised up. After printing our local congressman's embarrassing partisan press release, Stimulus won't help US, the editors asked for Some ideas please, Jeff.

Next the editors should ask Congressman Miller to explain why, if he is opposed to 'big government' and wants 'lower taxes,' his wealthy family member received millions of dollars in farm subsidies.

Who does he think pays those farm subsidies? And where does he think the money to pay those subsidies comes from, trees?

His relatives know that those subsidies are paid by the government from the U.S. Treasury.

I don't call them Republi-CONs for nothing.

Class Today at NoBullU on WEBY

Listen to the voice of wisdom and reason in a wilderness of partisan rhetoric -- No political insanity, no conservative hypocrisy, no liberal foolishness -- Just straight talk, straight at you, and that’s no bull!!

NoBullU will be on air Friday from 4:05 to 6 p.m. at 1330 AM WEBY and on line, courtesy of Cyber Smart Computers.

Topics:

Local and state: TBD and

Nation and international: Operation Siege and are Republi-cons kissing the Rusty bottom.

But I'll discuss anything. (Disclaimer: the host reserves the right to end any discussion and hang up on you.)

So tune-in, call-in, but only if you can handle the truth!

Media Incompetence and Hypocrisy

A fine example of media incompetence and hypocrisy:

The Daily Show With Jon StewartM - Th 11p / 10c

CNBC Gives Financial Advice

Daily Show Full Episodes
Important Things With Demetri Martin

Political Humor
Joke of the Day

If you forgot, 'Sir' Alan Stanford was accused in an alleged $8 billion fraud scheme and Howard Beale (played by Peter Finch in the movie Network) was a fictional character whose career as "the Angry Man of the Airwaves" was sparked by his half-joking offer to kill himself on nationwide TV following receiving his two-weeks' notice.

The right-wing media/Republi-con quid pro quo: Right-wing media enables and promotes the interest of the Republi-cons and, in exchange, wealth corporate interest buy ads on right-wing media. A perfect arrangement to defraud the public.

Operation Siege Status Report

Fax successful!

Email successful!

Call complete!

You can report your status by posting a comment.

Next siege, Friday, March 13, 2009.

Keep recruiting fellow taxpayers to STOP THE LOOTING OF THE TREASURY!

And remember, don't do anything stupid.

The Plan -- Lay Siege to the Government

FINAL UPDATE, the is the final plan for the first siege on March 6, 2009:

The plan is to lay siege to the federal government, a figurative siege that is, of calls, and faxes, and emails, and letters, and demand that the government protect the treasury of our country from further looting.

The first siege will commence on Friday, with one volley, at noon CST.

The specific objective is the White House.

The coordinates are:

Address for letters: The White House, 1600 Pennsylvania Avenue NW, Washington, DC 20500

Phone Numbers:

Comments: 202-456-1111
Switchboard: 202-456-1414
FAX: 202-456-2461

Email form: click here.

Tell them that we're not gonna take it and you want the government to protect the treasury from further looting by the robber investment banks and financial institutions.

I'm going to tell them: "Stop the bailout BULL! Protect the treasury NOW from further looting. No more money for insolvent investment banks and financial institutions."

Prepare for the siege by watching this video:



This is our banner:






















Now is time to prepare. Recruit fellow taxpayers, family, and friends.


Check back for further details.

CAUTION: Don't do anything stupid.

UPDATE: As expected, more looting of the treasury.

After a $60 billion loan, a $40 billion purchase of preferred shares and $50 billion to soak up the company’s toxic assets, Uncle Sam will quadruple down on AIG, with an additional $30 billion in taxpayer money. Read The New York Times, A.I.G. Reports $61.7 Billion Loss as U.S. Gives More Aid.

A loss of $61.7 billion in the fourth quarter, that is $465,421 per minute. "To put that in perspective, every six seconds it loses enough to pay full tuition for a year at Harvard."

"No company has cost you, the taxpayer, more money. And no company deserves it less." AIG was the enabler of the economic mess.

And Goldman Sacks, the former firm of former Treasury Secretary Paulson, was one of the enablees. All these bailouts are an attempt to try and save well-connected investment banks, like Goldman.

Time to End the Bailout Bull

Time to admit that Wall Street had just become a Ponzi scheme.

Time to kill the zombie banks and other financial institutions.

This is the reason for our outrage and action.


UPDATE II: Time to rally the peasants. Only a dozen or so have indicated that they will participate in the first siege, although I expect many times that number on Friday. If you plan to participate, please indicate in the poll on the right. I need to know some numbers in order to make the most effective use of assets.

If we don't have at least 100 declared participants, we will have to combine forces for one volley. In that case the first siege will begin at noon CST, or 18:00 (6:00 P.M. same day) GMT. (To calculate your local time for noon CST, use this time converter.)

Check back for a final update late Thursday.

And rally your friends and family to stop the looting of the treasury.


UPDATE III, MUST READ: Still not convinced. Read The Big Picture, Solvent Insurer / Insolvent Insurer about "[w]hy are the taxpayers making good on hedge fund trades gone bad" AKA the AIG bailout. There is no legitimate reason that insolvent banks and financial institutions should not be forced into bankruptcy. The only reason to bail them out is to save the stockholders. Former Sec. Treasury is one of those stockholders. He owns billions of dollars in Goldman Sachs stock. Ergo, he and other well-connected stockholders prefer government bailouts to save their investment vice bankruptcy.

STOP THE LOOTING OF THE TREASURY!


UPDATE IV, MUST LISTEN: Prefer to listen to, rather than read, the news. Then listen to NPR, Fresh Air, Simon Johnson on Bank Bailout Plan. Johnson is a former chief economist of the International Monetary Fund, a professor at the MIT Sloan School of Management and a senior fellow at the Peterson Institute for International Economics.

The gist of what he says is that well-connected billionaires are using taxpayer money to prop up their bankrupt companies.

Therefore, I don't understand the public apathy! WHERE IS THE OUTRAGE!


UPDATE V: In an article titled The Big Dither, Paul Krugman, the newest winner of the Nobel Memorial Prize in Economic Sciences, writes that when it comes to dealing with banks, the Obama administration is dithering. And the result could be an economy that sputters along for a very long time. Further, he writes, by:

"using taxpayer funds to subsidize the prices of toxic waste . . . most of the benefit would go to people who don’t need or deserve to be rescued.

And this means that the government would have to lay out trillions of dollars to bring the financial system back to health, which would, in turn, both ensure a fierce public outcry and add to already serious concerns about the deficit. (Yes, even strong advocates of fiscal stimulus like yours truly worry about red ink.) Realistically, it’s just not going to happen.

So why has this zombie idea — it keeps being killed, but it keeps coming back — taken such a powerful grip? The answer, I fear, is that officials still aren’t willing to face the facts. They don’t want to face up to the dire state of major financial institutions because it’s very hard to rescue an essentially insolvent bank without, at least temporarily, taking it over. And temporary nationalization is still, apparently, considered unthinkable.

But this refusal to face the facts means, in practice, an absence of action. And I share the president’s fears: inaction could result in an economy that sputters along, not for months or years, but for a decade or more. "

Time to kill the zombie banks and other financial institutions.

Rush is the Hindenburg of the Republi-con Future

REPOSTED from early February.

See also my earlier post, The Republi-Con Jihad Against America.

And see these from the Washington Post:

• GOP Seeks Balance With Conservative Icon Limbaugh;
• Minority Leader Limbaugh;
• Rush to the Wrong Choice (by Kathleen Parker, who, you might remember, set the Republi-con world abuzz when she wrote an editorial in National Review Online titled "Palin Problem, She’s out of her league."); and
• An animated editorial cartoon, titled "His Adoring Fans," but which I would title "Kissing the Rusty Bottom."

And from The New York Times, Fears of a Clown.

Don't ya love it when the cannibals turn on themselves!


UPDATE: Another tribute to the Great Republi-con himself:

The Daily Show With Jon StewartM - Th 11p / 10c

A Party in Limbaugh

Daily Show Full Episodes
Important Things With Demetri Martin

Political Humor
Joke of the Day

UPDATE II:

Tribute to the great one:

ORIGINAL POST in early February:

A tribute to the great Republi-con 'Army of One,' with appropriate highlights of his career:

The Colbert ReportMon - Thurs 11:30pm / 10:30c

The Word - Army of One

Colbert Report Full Episodes
Paul McCartney Appearance

Funny Political Videos
More Funny Videos

Is the Rally for the Constitution, or Religion

UPDATE: The Santa Rosa County School Board began its meeting Monday without a prayer, and then signed the consent decree. If adopted by the Court, the decree will end the lawsuit. See Pensacola New Journal, SR board signs decree to conclude prayer suit.

The next school board election should be interesting.

Some in the community are not happy, claiming it is "judicial tyranny, plain and simple". Of course, they overlook the fact that the school board "admitted liability on plaintiffs’ claims, as set out in their complaint filed August 27, 2008."


I have posted some of the court documents. I suggest you read the school board's motion to dismiss the complaint. A favorable ruling would have had the case thrown out.

Then read the ACLU's response in opposition.

Soon thereafter, without waiting for any ruling on the case, the school board admitted liability. That is the equivalent to pleading guilty in a criminal case.

Now churches will be holding a a rally during school hours, with school students. Why? Is the rally to celebrate the Constitution, or religion?

Extra Class at NoBullU on WEBY

ALERT, ALERT: More looting of the treasury!! NoBullU will be on air for a special edition today from 4:05 to 6 p.m. at 1330 AM WEBY and on line, courtesy of Cyber Smart Computers.

Topics:

National: the looting of the treasury and planned siege of the White House on Friday.

[We might also talk briefly about tomorrow's program, WEBY to probe Obama qualifications. The conservative nuts embarrass themselves as the government continues to loot the treasury.

What next, will WEBY probe the Apollo Moon Landing hoax with David Icke, author of The Biggest Secret, in which he wrote that the Illuminati are a race of reptilian humanoids known as the Babylonian Brotherhood, and that many prominent figures are reptilian, including George W. Bush, Queen Elizabeth II, Kris Kristofferson, and Boxcar Willie?]

Usually, I'll discuss anything, but today let's stick to the topic of looting the treasury. (Disclaimer: the host reserves the right to end any discussion and hang up on you.)

Listen to the voice of wisdom and reason in a wilderness of partisan rhetoric -- No political insanity, no conservative hypocrisy, no liberal foolishness -- Just straight talk, straight at you, and that’s no bull!!

So tune-in, call-in, but only if you can handle the truth!

Class Saturday at NoBullU on BlogTalkRadio

UPDATE: It is a wrap! The first class at NoBullU on BlogTalkRadio is finished and posted for your listening enjoyment and future reference.

As a follow-up to the meeting to organize the effort and prepare a march on Washington D.C., I will host a live call-in talk show on BlogTalkRadio.

The show will be Saturday, after the meeting, at 2 p.m.

The call-in number is (347) 308-8275.

Check back for updates before the show. And call-in to fresh the tree of liberty.