Tag: Regulations

Jul 24 2011

What to do, what to do!

Amidst the problems of attempts by the Fiduciary (the government) to “STEAL” our Social Security, Medicare and Medicaid Trust Funds and our efforts to thwart theirs, there are so many behind the scene efforts, the same for which is owed $2.6 trillion by our Treasury.

I have been and am in a banking situation, which was a “carryover” from many years ago, from which I am gradually trying to extricate myself for reasons we should all know and, frankly, do! I had been wanting to do some changes for quite some time, but I needed to do some “shopping” around, not to say that there is a vast difference here or there, but, just, maybe, a little more concern.

In the meantime, this month has brought notifications (“warnings” concerning any brokerage accounts) that the “Bank” has chosen another clearing house, one which is within its own “family.”  And unless or until you remove such accounts (as you may wish), from their entity before July 29, 2011, thereafter, on August 5, 2011, you will be charged $75.00, for removal of any and each such account to any entity outside their brokerage.  What?  Do you get it?  In other words, the Bank will charge its customers, after August 5, 2011, for, first of all, a decision it made to transfer your “assets” over to their “decision” should you not withdraw your funds on or before July 29, 2011.

Now, that’s not enough?  No, today, I receive notification that I must accept/reject a new Banking Resolution by Sept. 15, 2011.  

Quote that information here!

First, now, I have to look up that banking resolution, but not only that, I now need to find out what are the current charges vis a vis the Bank’s ultimatim.

Strikes me a form of enforcement!

By now, I think the message is quite clear!  The least fortunate of us, despite our hard work, earnest beliefs, love of our fellow human beings, have become prey to our “elitist” predators, who would sooner be rid of us, unless they can use us, i.e., take note of our corporations in the Asian countries, China, for example, child labor, no OSHA laws, no benefits, $0.50 an hour?  All of this while, first of all, being an American corporation(s), and paying NO taxes to the country in which they were incorporated — and it goes on and on!

This needs much work!

 

Feb 02 2011

Climate Change and National Security

What the detractors, whether they believe the obvious or not and the flock just follows what they’re told, are effectively locking the brakes on what we once were and envied around this planet.

Innovators in moving forward with the new idea’s, interstate roadways, infrastructure, flying, etc. etc. etc. and with the same innovative workforce that made the advancements a reality with everyone following in trying to catch up.

Now those everyone’s are leading and we aren’t even following much, like as to energy innovations and a cleaner planet, even so called third world countries are moving ahead of us on the obvious human advancements!

Nov 11 2009

Maddow destroys Pro-SLAVERY American Corporations “You child labor endorsing, pro-slavery FREAKS!”

Crossposted at Daily Kos

    Very rarely does Rachel Maddow lose her temper. Rather, she usually engages even the worst issues with a snarky, cheerful grin, but if you see the look on her face at the end of this segment you will see the burning rage that I have a LOT of trouble surpressing, especially on topics such as these.

    Behold the TOTAL DESTRUCTION of America’s Pro-SLAVERY capitalist status quo, courtesy of the wit and brilliance of Rachel Maddow.

    Partial transcript and commentary below the fold.

Sep 22 2009

Krugman: “Populism that makes Bankers Angry is Exactly what the Economy Needs”

Crossposted at Daily Kos

   Yesterday, in a NYTimes Op-Ed titled “Reform or Bust”, Nobel Economist Paul Krugman gave some well needed advice on good economics and good politics that President Obama and Democratic members of Congress should listen to.

    It’s not just that taking a populist stance on bankers’ pay is good politics – although it is: the administration has suffered more than it seems to realize from the perception that it’s giving taxpayers’ hard-earned money away to Wall Street, and it should welcome the chance to portray the G.O.P. as the party of obscene bonuses.

    Equally important, in this case populism is good economics. Indeed, you can make the case that reforming bankers’ compensation is the single best thing we can do to prevent another financial crisis a few years down the road.

   One obvious point is the need, politically, to make the GOP the party that defends huge Wall St salaries and bonuses, which they will do anyway and gladly. Politically, the GOP can not be for the bonuses. They just can’t. Even more so, they can not be against the regulations AND against the bailouts. It just won’t work. Like Saruman in Lord of The Rings when confronted by Gandalf and the Riders of Rohan at the foot of Orthanc, the GOP can not be all things to all people, or against all things either. When too many eyes are watching at once the illusion is broken. The GOP can not be against all cures and still appear in the populist corner, as their teabagging antics try to portray, badly. The GOP must stand for something, and they do, they stand for the Super Rich and Corporate Wealth. Proving this is very important.

    Recently wingnutty teabagging Republican Senator Jim DeMint (C Street-SC) offered his answer to all that economically ails Wall St. Guess what? His answer; More Tax Cuts!

    Instead of looking at more regulation, we could do a lot by fixing our tax system here in this country, to make us globally competitive. The President needs to focus on what really has caused problems and look at what has really made America so prosperous, and I’m afraid that’s not the lens he’s looking through right now.

ThinkProgress.org

    Because who would think that cutting taxes for Wall St would be kind of rewarding for them, or a serious attempt at real reform.

    The GOP has NO new ideas, and the only ones they do have are Failed, totally and utterly Failed. Bipartisanship with these guys is a sort of cheating off of the dumb kid in class at ths point. It WILL NOT WORK. I understand why Obama has made the effort, but no it is time to play hardball, it is NO LONGER the time to keep trying to make the GOP feel good about themselves, especially when their ideas suck and they hope you fail.

    More and my own analysis below the fold.

     

Jul 25 2009

Stock market “rally” is bogus, volume in market “fictitious”

This guy needs to keep his mouth shut when discussing politics, but when he’s talking about the thing of which he is an expert, equities trading, you can tell he knows what he’s talking about.

He’s obviously not a liberal, but he’s not happy with the current situation in the stock market.  He says a huge percentage of the volume in the stock market during this “rally” is due to computerized trading where the profits aren’t even made with the old fashioned “buy low and sell higher” thing, but because these computerized trading systems can generate money through liquidity rebates on a per-trade basis.   So these computers just trade like crazy, and they don’t trade for any reason.  They just trade.  He says the right now the direction of the market is to buy, so all the transactions are “buy”.  But he says when an event happens (and it’s not “if” but most certainly “when”) that will drive the market the other way, there will be nobody there to buy.  

The man is basically predicting a huge market crash, due to the system being effectively broken.  

He, in a classic sort of Republican way, is saying that he’s good enough that he’s okay, it doesn’t really concern him because he’s a pro and can work around it.   Maybe he’s right, but if so, why is he on the television talking about it?  Why doesn’t he just game it to his advantage?  Obviously he’s concerned, knowing that when the market goes the other way, it’s gonna plummet through the floor.  

Good times.

I’m so glad Obama is President and fixing everything!

Sep 25 2008

The Next Financial Mess!!

Dealing in Debt!!

Everyone, almost, is in a complete Rage at what is happening, and has been allowed to happen by not only soft regulation but the ease on any regulation in the Banking Industry, Morgage Industry, Wall Street, and in a Rage you should be.

But want a better picture of the who got us here any why, leave your computer and go to the nearest mirror and take a Good Hard Long Look at the reflection coming back, Yep Folks, it’s most of you, and the rest of the shit hasn’t yet hit the fan, but it’s quickly coming!

Remember the clowns you hire to represent you in Washington, and local and state, are your clowns, you pay them.

May 19 2008

Pebble Mine: The biggest environmental threat in Alaska

Everyone has heard about ANWR.*  It is so well known that I do not have spell out the acronym. Ever heard of the Pebble Mine Project?  Probably not. The major environmental organizations have done an extremely poor job of publicizing this disaster in the making. Pebble Mine is worse than anything the oil thugs want to do in ANWR and it is in the permitting stage, making it a critical issue in terms of time and public awareness. Please join me for an introduction to the proposed Pebble Mine Project.

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*Arctic National Wildlife Refuge