Letters posted here are associated with the following Salon Premium Member:
Published Letters: 377
We're waiting for all you face-your-financial-accounting-challenges-with-manliness-types to challenge the failed wasters of other peoples' money who for so long gave stupendous "bonuses" to losers running/gutting their companies.
The American wet dream for all predatory, financial practitioners--promise your managers such rewards for avarice while you hold by the testicles the government and taxpayers (billions in socialized infused dollars) your too-big-to-fail crown of success.
If anyone doubted who owns and runs the government institutions that previously protected us from such insane consequences--you now know it ain't the Constitution or pure capitalism.
"Since they paid little heed to US laws or tax, perhaps that unit should be allowed to shutter itself."--IntelVet
Watch carefully the cadre of rich, banks, CEO's and politicians who will obstruct any real exposure of account-holders in the various European, off-continent financial vaults.
One must wonder who from Presidents, Corporate heads down to scummy, plutocratic politicians are, as we speak severing/closing these accounts totaling in the billions of ill-gotten wealth and tax-evasive money.
It might actually bring down too many movers and shakers to be practical. From Geitner, Daschle, Cheney, Bush, Fuld, Graham and the hundreds others my confidence level is not great.
Prognosis for earth-shaking or concilatory and incremental reform of hedging, derivatives, credit default swaps, predatory loans and banking regulation reform-
GRIM!
Winners-everyone except the middle-to-low-income-taxpayers in our "capitalist" country.
"If they own the failure, they owe all of their assets into filling the sh*thole they have dug." --Jim White
Uproot that 1-2% (entitled) pyramid, flip it onto its tip, spin it into the ground, where the top is bored enough into the sands of parched, moral, destitution of its own making.
That's an image that soothes the soul.
Knowing the former VP (real executive in charge of US policy--still?)was to appear on Sunday morning CNN, I attempted to endure the exchange with J. King.
Not surprisingly, just minutes into the "interview" (exalted platform for re-written history)I literally cursed the notion that anyone on CNN or similar televised entertainment-mixed-with-some-planted-news outlets would sincerely probe the depths of real issues and accurate history of the past eight years.
Nausea and anger wells up every time I see the dog and pony show of giving relevance to such lies and distortions that emanated from the likes of these untouchables-- from the far right to Neo-conservative tinkerers, they have the same stench befouling the living room.
and no one (o.k., me) likes a talking head-in-the-pocket-of established-media prostitution making excuses for VP criminal acts while such whores criticise those who point them out.
This--treat gently the conservative players while jumping on the stomachs of the other side's body of initiatives is so apparent, tiring and sadly predictable. One never expects a fair shake anymore unless the channel happens to stop briefly at Olberman or Maddow's nightly, sarcastic harangue.
Gibbs, you go guy and lay it at the feet where it belongs--in their filthy nest o0f malfeasance.
"By launching such attacks Cheney also violates a tradition that an outgoing administration does not attack an incoming one."--Bushfatigue
The level of disdain, contempt and malicious intent evidenced by the former Administration has not subsided, nor will it play nice. It is more desperate to regain what it lost and knows no compunction of leniency or mercy.
Gore, Kerry and Obama know it first hand--but Obama learned well from their mistakes. The Right's ruthlessness is demonstrated well by their campaign of lies to bring us torture, unending detainments, political privacy intrusion, tyranical governing and the like.
Simply, cordiality and traditions are ignored if they interfere with rewriting history as Bush, Cheney and their surrogates are now doing.
@ casual_observer
How their skirts get frazzled when they get scolded from the likes of "partisan" WH spokespeople.
I wish they would put that wimpy word back into the greasy burger to drown in the mustard, along with the pickles.
"The only major institution to have gained a statistically significant about of trust since 2000 is the military, which is now the most trusted major institution in the country"
That about says it all--
Americans actually trust their culture of military "shock and awe" more than the nebulous god they claim to believe in.
The most damning and identifiable reality is that we are too deluded to know how screwed we are.
Someone yesterday on the anguish of what to do--
How bout we just short AIG the $165 million that was "awarded" when the final "loan" is dispensed?
Yeah, that will fix them greedy derivative managers in London who plundered and twiddled away billions of "assets".
The question one must ask--
How could AIG even miss being shortchanged a mere $165 million and how can the Treasury/Fed be sure those bonus-driven (unlawful recipients of risky venture "capital") would not receive the bonuses anyway?
We're talking about the less than 1% proportion of money in a sea of cash that not even a god or Ben Franklin could control.
As Glenn, you once more pour out to the reader the utter emptiness of mostly conservative rhetoric on fiscal matters--how I wish once there was memory of any member on the right that ever challenged or anguished over the daily reports of BILLIONS stolen openly by contractors while waging a phony war on terror from 2001 on.
"Sen. Tom Coburn (R-OK) agreed: "If we do such a good job of running the federal government, what business do we have telling them how to run the banks?"
My head is dizzy trying figure out if I am insane or I'm not comprehending that these members of our esteemed body of legislative mysticism are the loopy ones.
Please convince me that they actually listen to their own political rhetoric.
In the "conservative, free-market dream-world of economic prosperity every financial institute operates without greed or malice to perform what is best for all, always employing, healthy, moral business practices.
What will the moon produce next--cottage cheese?