keep an eye out for fun pics in the future.

I got some goodies.

Another genius of the McCain economic team is Carly Fiorina who nearly drove Hewlett-Packard into a ditch during her tenure as CEO. Oh, and she didn't think Tina Fey's hilarious portrayal of Sarah Palin was funny.

In other economic news not the demise of Lehman, Merrill Lynch or AIG, "Hewlett-Packard Co. on Monday said it would cut 24,600 jobs and take a fourth-quarter charge of almost $2 billion as part of its recent acquisition of IT services giant Electronic Data Systems."

"Country First"

But wait, Fans or Irony! There's more!



"... been a key instigator of some of the biggest money-making UBS deals of recent years." The Wall Street Journal's editorial page about Forclosure Phil's contributions to UBS, the Swiss bank formerly renowned as a bulwark of financial prudence.


UBS's stock has lost nearly 70 % of its value in the last year and has had to write down an estimated 38 billion in bad debt. It also recently reached a settlement for wrongdoing in the sale of auction rate securities, agreeing to make good on some 22 billion dollars worth and pay fines of $150 million.

And this is the same guy on whom John McCain has his eye for his possible Treasury Secretary if elected??

I'm Kerry O., and I approved this message. :)

nope.

she wouldn't play ball with the corrupters at HP and the shareholders resisted her efforts because they were too damn set in their ways to listen to a smart woman.

The brainiacs that bought up Ross Perot's old toy aren't the first ones to lose money on that EDS deal.

proof that the HP bosses make money despite their best intentions.

they should stick to what they know best, which is excellent workhorse, no frill machines and the best, bar none, 24/7 support not farmed out to unintelligible foreign nationals that can't speak Englis if their life depended on it.

No wait, their lives don't depend on speaking English.

funny how that works......

It may be as smart as hiring Ed Kennedy to create the sec rules after he plowed millions out of the stock market through insider trading and manipulation just prior to the Great Depression.

He then went to Eurpoe to teach Hitler a thing or two.

But alas, he returned to America and focused on his kids' future.

whew.

close call, eh?

Always be careful about who you reference when talking trash, because the entire Bush dynasty was built on money made from funding Hitler.

"There is no job that is America's God-given right anymore. We have to compete for jobs as a nation." -Carly Fiorina, while CEO of HP before being fired in 2005

the CIA and the KGB are Hitler's legacy.

The best spooks on the planet were turned when we both got to Berlin.


Besides, it's true.

Kennedy did precisely that.

dig around.

it's right up your alley.

unless you are afraid of the Kennedys.

Never debated that point, but you can't point your finger at one, unless you're going to do it to the other side.

Kennedy didn't have his business and his assets seized by the Government for the "Trading with the Enemy act", Prescott Bush did.

"I served with Phil Gramm here in the Senate," he said. "The same Phil Gramm who, as a Senator, was responsible for the deregulation of the financial services industry that paved the way for much of this crisis to occur. I like Phil Gramm, I don't like his economics. A respected economist at the University of Texas -- now that's where Phil Gramm taught, in Texas -- a respected economist at the University of Texas, James Galver said that Gramm was, and I quote, 'the most aggressive advocate of every predatory and rapacious element that the financial sector has,' and went on to say he is a 'sorcerer's apprentice of instability and disaster in the financial system.'" - Senate Majority Leader Harry Reid

$85B AIG Bailout brought to you by Phil Gramm (R-TX), John McCain's chief economic advisor...

LAKE ORION, Mich. — Republican presidential candidate John McCain, a day after flatly rejecting the idea of a taxpayer bailout for American International Group Inc., said Wednesday that the government had been "forced" into proposing an $85 billion loan to the nation's largest insurer.

McCain appeared to soften his opposition to the bailout proposed by the Federal Reserve, treating the plan as a necessary evil to protect ordinary Americans with finanical ties to AIG _ and asserting that such a financial collapse should not be allowed to happen again. He also called for an investigation to uncover any wrongdoing.

"The government was forced to commit $85 billion," McCain said in a statement. "These actions stem from failed regulation, reckless management and a casino culture on Wall Street that has crippled one of the most important companies in America," McCain said in a statement.

The casino culture was enabled by Phil Gramm.

which suggests that liberals are more adept at breaking laws and doing as they please for personal gain, when one considers that Ed Kennedy went from manipulating stock prices for personal gain to selling whiskey during Prohibition, huh?


but yeah, appeasement is not peace.

they all have to go.


let's start with the known clever ones following the mantle of Kennedy's deceitfulness.


nobama 2008.

If you're going to wipe political dynasties off the map, then you need to go after the Bush's and Clintons as well.

Maybe more, if that doesn't send the message.


While we're at it, lets purge all these dual citizen jerkoffs from our political process, they all have ulterior motives and none of the serve the interests of this Nation or it's people.

Today's carnage...

DOW 10609.66 -449.36 -4.06%
NASDAQ 2098.85 -109.05 -4.94%
S&P 1156.39 -57.21 -4.71%

Wheeeeeeeeeeee!!!!!!!!! Thanks Phil! [Gramm (R-TX)]

The perpetrators of this have made BILLION$ in BONU$ES year after year. Are they going to pay any of that back?

This is a systemic problem where short-term, high-risk behavior is rewarded, and long-term repercussions are left to the taxpayers!

gold up...+$88

oil up...+$5/bbl

$155 billion added to the money supply in a week and a half.

hhhmmmm.......


here we go up the commodity ladder for safe haven again.

Hey Woody,

Are you familiar with these CDS's?

"Lurking in the background of this weekend's collapse of two of Wall Street's biggest names, is a $62 trillion segment of the $450 trillion market for derivatives that grew huge thanks to John McCain's chief economic advisor, Phil "Americans are Whiners" Gramm. That's because in December 2000, Gramm, while a U.S. Senator, snuck in a 262-page amendment to a government re-authorization bill that created what is now the $62 trillion market for credit default swaps (CDSs).

Gramm's 262-page amendment, dubbed "The Commodity Futures Modernization Act," according to Texas Observer, freed financial institutions from oversight of their CDS transactions."

http://www.bloggingstocks.com/2008/09/15/100-year-crash-mccain-advisor-spurred-62-trillion-derivatives/print/