http://www.thenation.com/doc/20090504/greider
by:William Greider
published: 04/22/2009
For several businesses on Wall Street, such as JP Morgan Chase and Goldman Sachs say their ready to give back over 50 billion dollar of bailout money back to the government. Their apparently no longer suffering. You usually never see that type honesty. It's almost to good to be true. Well, that's because it is.
They want to give the money back as fast as they can because they want the government's nose out of their business. Apparently they're having a hard time conducting legitamite business with government official working along side them. The people on Wall Street are all of a sudden not the top dogs anymore. The government has kicked them to the curb and are now running most of the show. Which means that the wallets on Wall Street are a little lighter than they used to be.
If we don't wan't to have to bail out Wall Street again then Obama needs to step his game and not back down. Some people believe that Obama' being too soft, some feel like he's backing down when he should be standing up. He hasn't been President for that long and what people don't understand is that this kind of problem just doesn't go away over night. The old days of the "good ole boys" running things is coming to an end.
Monday, April 27, 2009
Thievery Under TARP
http://www.thenation.com/doc/20090504/scheer?rel=hpcurrently
by: Robert Scheer
published: 04/22/2009
The article "Thievery Under TARP" is about how the TARP (Troubled Asset Relief Fund) might do more harm than good. The fund was initially designed to help bail out the businesses after Wall street crashed. But a report made by the Treasury Department's Inspector General shows how its poor management makes it vulnerable to fraud. As of Tuesday 20 separate cases of fraud are currently under investigation.
According to the article, "... the TARP program from its inception was designed to trust the wall Street recipients of the bailout funds to act responsibly on their own, without accountability to the government that gave them the money," General Neil M. Barofsky.
What? They had in mind since the beginning of the fund's inception that they were going to trust them. Trust them? The very people that got themselves into the mess in the first place. Someone once said that the definition of insanity is doing the same thing over and over again expecting different results. I have faith in our new president, but this is ridiculus.
The program shouldn't rest solely with the Wall Street recipients. Their the problem. Their the kind of people that look out for themselves and others like them. Their the ones that are commiting fraud and the government might as well have put the money directly into their pockets and their foreign bank accounts. If everyone else can be held accountable for their own actions then they should be too. They think that we work for them and it's up to our government (I mean Obama) to stand up to them.
by: Robert Scheer
published: 04/22/2009
The article "Thievery Under TARP" is about how the TARP (Troubled Asset Relief Fund) might do more harm than good. The fund was initially designed to help bail out the businesses after Wall street crashed. But a report made by the Treasury Department's Inspector General shows how its poor management makes it vulnerable to fraud. As of Tuesday 20 separate cases of fraud are currently under investigation.
According to the article, "... the TARP program from its inception was designed to trust the wall Street recipients of the bailout funds to act responsibly on their own, without accountability to the government that gave them the money," General Neil M. Barofsky.
What? They had in mind since the beginning of the fund's inception that they were going to trust them. Trust them? The very people that got themselves into the mess in the first place. Someone once said that the definition of insanity is doing the same thing over and over again expecting different results. I have faith in our new president, but this is ridiculus.
The program shouldn't rest solely with the Wall Street recipients. Their the problem. Their the kind of people that look out for themselves and others like them. Their the ones that are commiting fraud and the government might as well have put the money directly into their pockets and their foreign bank accounts. If everyone else can be held accountable for their own actions then they should be too. They think that we work for them and it's up to our government (I mean Obama) to stand up to them.
Exceptions to Iraq Deadline Are Proposed
http://www.nytimes.com/2009/04/27/world/middleeast/27withdraw.html?ref=politics
by: Rod Nordland
Published: 04/26/2009
The article "Exceptions to Iraq Deadline Are proposed," is about whether or not all American troops should leave Iraq when the SOFA (Status of Forces Agreement) goes into effect on June 30th, 2009. The troubled city of Mosul is still in need of further protection and is vital to the preservation of the progress we have made in Iraq. The Iraqi military and United States officials will soon meet to discuss whether this is nessecary.
"For Al Qaeda to win, they have to take Baghdad. To survive they have to hold on to Mosul," said General David Perkins. This quote from the article pretty much says it all. If we leave too soon we could jeapordize everything we've accomplished (which isn't much) so far. We don't want to leave now and have to come back later. This war needs to end now, but in the right way. I've never supported the war in Iraq, but stopping before we're 100% positive that we finished our job over there is completely foolish. The troops deserve to return home, they've earned it. But only when we know for sure that they won't have to return.
by: Rod Nordland
Published: 04/26/2009
The article "Exceptions to Iraq Deadline Are proposed," is about whether or not all American troops should leave Iraq when the SOFA (Status of Forces Agreement) goes into effect on June 30th, 2009. The troubled city of Mosul is still in need of further protection and is vital to the preservation of the progress we have made in Iraq. The Iraqi military and United States officials will soon meet to discuss whether this is nessecary.
"For Al Qaeda to win, they have to take Baghdad. To survive they have to hold on to Mosul," said General David Perkins. This quote from the article pretty much says it all. If we leave too soon we could jeapordize everything we've accomplished (which isn't much) so far. We don't want to leave now and have to come back later. This war needs to end now, but in the right way. I've never supported the war in Iraq, but stopping before we're 100% positive that we finished our job over there is completely foolish. The troops deserve to return home, they've earned it. But only when we know for sure that they won't have to return.
Exceptions to Iraq Deadline Are Proposed
http://www.nytimes.com/2009/04/27/world/middleeast/27withdraw.html?ref=politics
by: Rod Nordland
published: 04/26/2009
by: Rod Nordland
published: 04/26/2009
Talibanistan in Pakistan
http://www.thenation.com/blogs/dreyfuss/428941/talibanistan_in_pakistan
by: Robert Dreyfuss, 04/21/2009@08:47am
Pakistan is the new terrorist capital of the world.
This article talks about the large growing number of Islamist militants (numbers in the thousands) who have fled into Pakistan to escape U.S forces. These militants have settled in Pakistan's Swat Valley forming training camps for the Taliban, making it their new base of operations. As a result the country's natives are in a constant state of fear. Their being forced to live under laws created by their terrorist intruders. Men are prohibited to cut their beards, girls must be covered from head to toe in public and cannot leave the house without a blood relative male to escort them.
As the number of Taliban members grow so does the spread of their control over Pakistan. Most of the country is under terrorist control. Innocent citizens fear leaving their homes in fear of displeasing the militants. Those that refuse their guidelines (rules) are punished. Police officers that interfere are beheaded with their body left for display on the streets.
When I read this article the first thing that kept popping up in my mind was WWII. The way this terrorist organization is inflitrating Pakistan mirrors the Nazi party in Germany. They're taking over one thing at a time until the entire country is theirs. The taliban is using fear tactics to scare the population into their way of life and their beliefs. They set up training facilites and making sure that the youths are attending school so that they can brainwash them while their young. We have a very rare opportunity to stop another world war before it happens. Hopefully we learned our lesson well enough that we make sure the past doesn't repeat itself.
by: Robert Dreyfuss, 04/21/2009@08:47am
Pakistan is the new terrorist capital of the world.
This article talks about the large growing number of Islamist militants (numbers in the thousands) who have fled into Pakistan to escape U.S forces. These militants have settled in Pakistan's Swat Valley forming training camps for the Taliban, making it their new base of operations. As a result the country's natives are in a constant state of fear. Their being forced to live under laws created by their terrorist intruders. Men are prohibited to cut their beards, girls must be covered from head to toe in public and cannot leave the house without a blood relative male to escort them.
As the number of Taliban members grow so does the spread of their control over Pakistan. Most of the country is under terrorist control. Innocent citizens fear leaving their homes in fear of displeasing the militants. Those that refuse their guidelines (rules) are punished. Police officers that interfere are beheaded with their body left for display on the streets.
When I read this article the first thing that kept popping up in my mind was WWII. The way this terrorist organization is inflitrating Pakistan mirrors the Nazi party in Germany. They're taking over one thing at a time until the entire country is theirs. The taliban is using fear tactics to scare the population into their way of life and their beliefs. They set up training facilites and making sure that the youths are attending school so that they can brainwash them while their young. We have a very rare opportunity to stop another world war before it happens. Hopefully we learned our lesson well enough that we make sure the past doesn't repeat itself.
Saturday, April 11, 2009
Blog2: U.N. Council May Rebuke North Korea /By NEIL MacFARQUHAR
http://www.nytimes.com/2009/04/12/world/asia/12nations.html?_r=1&hp
The United Nations are blowing this whole situation way out of proportion. North Korea
responded honestly to the accusations of "launching a rocket" and said that it was not
a rocket but a satellite. American officials found the satellite in the ocean obviously failing
to take orbit.
The amount of pressure we're putting on North Korea, with the constant ease-dropping and the plans
to stop their nuclear programs might provoke them to attack. I'm not saying that we should leave them alone
and hope for the best, but it's very important that we handle this in the most sensible way. We're already in
a war we shouldn't of started and really can't afford to ignite another. Constantly shadowing them could result
in their discommunication with the U.N. and force us to fight.
The United Nations are blowing this whole situation way out of proportion. North Korea
responded honestly to the accusations of "launching a rocket" and said that it was not
a rocket but a satellite. American officials found the satellite in the ocean obviously failing
to take orbit.
The amount of pressure we're putting on North Korea, with the constant ease-dropping and the plans
to stop their nuclear programs might provoke them to attack. I'm not saying that we should leave them alone
and hope for the best, but it's very important that we handle this in the most sensible way. We're already in
a war we shouldn't of started and really can't afford to ignite another. Constantly shadowing them could result
in their discommunication with the U.N. and force us to fight.
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