tagged w/ SAD! SAD! SAD!
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Here we go again. Republicans are saying if you're against Republicans, you're against God.
And here I thought faith in God had nothing to do with a political party.
How do these supposedly church going people not understand blasphemy ? Perhaps their Bible says "Thou shalt vote for Republicans because they are the political party of God."
Here we go again. Republicans are saying if you're against Republicans,... more
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Raven6
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added this
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3 years ago
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Listening in on American Soldiers calling their wives, girlfriends, home.
Our government has lost it way. We must storm the polls on a scale they've never seen and take our government back from the republicans who've so unbelievably screwed us.
Listening in on American Soldiers calling their wives, girlfriends, home.
Our... more
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Raven6
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added this
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3 years ago
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George W. lied during his campaign! Hes not a Compassionate Conservative, hes a Conservative who lacks compassion. Facts matter, lies matter! Trust is an issue, which should not be ignored! Can we trust a person who lies during the campaign, to stop lying if they become President? If history has taught us anything, its lies matter! Dirty politics is not leadership, it illustrates what one would do as leader. Ignoring facts and using lies to spin distorted facts is wrong for America! Thats not leadership!
Its time to clean up government! Not more of the same! Accountability has been lacking for eight years, can we afford four more years?
George W. lied during his campaign! Hes not a Compassionate Conservative, hes a... more
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ENGLEWOOD, Col., Oct 4 - Republican vice presidential nominee Sarah Palin accused Democratic candidate Barack Obama on Saturday of "palling around with terrorists," in the latest sign the campaign is turning increasingly nasty.
The comment by Palin, whose running mate John McCain is vying against Obama for president in the November 4 election, was dismissed by the Obama campaign as "gutter politics" and came shortly after the McCain campaign had already called the U.S. senator from Illinois a liar.
With polls showing McCain trailing Obama in many battleground states, including several won by Republicans in the 2004 election, Palin said "There is a time when it's necessary to take the gloves off and that time is right now."
Speaking at a fund-raiser in Englewood, Colorado, she launched an assault on Obama just days after both candidates urged Congress to set aside partisan politics to pass a $700 billion bad-debt securities package in a bid to free up frozen credit markets.
"Our opponent though is someone who sees America, it seems, as being so imperfect, imperfect enough that he is palling around with terrorists who would target their own country," Palin said of Obama, also calling him an embarrassment.
Palin cited a New York Times story on Saturday that examined Obama's relationship with Bill Ayers, a former member of the Vietnam-era militant Weather Underground organization who is now a professor at the University of Illinois at Chicago. The Times concluded they were not close.
Obama spokesman Hari Sevugan said, "Today, the McCain-Palin team took their discredited, dishonorable campaign one desperate step further, announcing that they were going to try 'turning a page on this financial crisis' and launching more personal attacks on Senator Obama."
"Instead of offering solutions for working Americans and families struggling through a failing economy, they have offered more gutter politics and false attacks," he said in a statement.ENGLEWOOD, Col., Oct 4 - Republican vice presidential nominee Sarah Palin accused... more
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"Defenders of Wildlife has found a more effective critique of Palin than the Obama campaign or Democratic Party," said a source with the organization. "The ad damages Palin with exactly the voters McCain put her on the ticket to attract -- suburban women, moderate Independents."
The group's initial spot scored incredibly well among focus groups. A study of 312 Democrats, Republicans and Independents showed that the ad produced "moderate movement among all parties" in Obama's favor. The spot earned a Political Communications Impact Score of 23.5, making it, according to the site Media Curves, the second most effective ad to have aired this cycle.
And unlike many presidential campaign ads this cycle, the claims made in the Defenders spot are virtually all true, albeit with some caveats, according to FactCheck.org.
"Aerial killing of wolves may not be your standard national election issue, but it is one that helps illuminate an important part of Sarah Palin's character," President of Defenders of Wildlife Action Fund Rodger Schlickeisen said in a statement. "We believe voters deserve to know about her support for this brutal practice, and we are confident the issue can move votes as we head into the home stretch of this campaign.""Defenders of Wildlife has found a more effective critique of Palin than the... more
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Alan Fishman could be eligible for a multi-million paycheck after only three weeks on the job ... if he decides to keep it.
So while Wall Street is begging for a bailout, another bank fails, and what happens? The poor "former" CEO will still make his millions. This is what they want us to hurry up and save?
"Washington Mutual Chief Executive Alan Fishman could walk away with more than $18 million in salary, bonuses and severance after less than three weeks on the job, according to the terms of his employment agreement.
But will Fishman follow the lead of another troubled financial firm and turn his severance package down?
JPMorgan Chase (JPM, Fortune 500) grabbed up the banking assets of WaMu on Thursday after federal regulators seized the company, making it the largest bank failure in history.
JPMorgan Chase CEO Jamie Dimon said in a conference call with reporters Friday that no decisions have been made about the fates of WaMu senior executives.
Still, the demise of WaMu is likely to be the end of Fishman's brief tenure at the helm.
Fishman was hired on Sept. 7, replacing former long-time CEO Kerry Killinger, who was ousted as a result of the company's many financial woes.
WaMu did not reply to requests for comment about Fishman's severance package."
More at link.Alan Fishman could be eligible for a multi-million paycheck after only three weeks on... more
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By Elinor Comlay and Jonathan Stempel
NEW YORK/WASHINGTON (Reuters) - Washington Mutual Inc was closed by the U.S. government in by far the largest failure of a U.S. bank, and its banking assets were sold to JPMorgan Chase & Co for $1.9 billion.
Thursday's seizure and sale is the latest historic step in U.S. government attempts to clean up a banking industry littered with toxic mortgage debt. Negotiations over a $700 billion bailout of the entire financial system stalled in Washington on Thursday.
Washington Mutual, the largest U.S. savings and loan, has been one of the lenders hardest hit by the nation's housing bust and credit crisis, and had already suffered from soaring mortgage losses.
Washington Mutual was shut by the federal Office of Thrift Supervision, and the Federal Deposit Insurance Corp was named receiver. This followed $16.7 billion of deposit outflows at the Seattle-based thrift since Sept 15, the OTS said.
"With insufficient liquidity to meet its obligations, WaMu was in an unsafe and unsound condition to transact business," the OTS said.
Customers should expect business as usual on Friday, and all depositors are fully protected, the FDIC said.
FDIC Chairman Sheila Bair said the bailout happened on Thursday night because of media leaks, and to calm customers. Usually, the FDIC takes control of failed institutions on Friday nights, giving it the weekend to go through the books and enable them to reopen smoothly the following Monday.
Washington Mutual has about $307 billion of assets and $188 billion of deposits, regulators said. The largest previous U.S. banking failure was Continental Illinois National Bank & Trust, which had $40 billion of assets when it collapsed in 1984.
JPMorgan said the transaction means it will now have 5,410 branches in 23 U.S. states from coast to coast, as well as the largest U.S. credit card business.
It vaults JPMorgan past Bank of America Corp to become the nation's second-largest bank, with $2.04 trillion of assets, just behind Citigroup Inc. Bank of America will go to No. 1 once it completes its planned purchase of Merrill Lynch & Co.
The bailout also fulfills JPMorgan Chief Executive Jamie Dimon's long-held goal of becoming a retail bank force in the western United States. It comes four months after JPMorgan acquired the failing investment bank Bear Stearns Cos at a fire-sale price through a government-financed transaction.
On a conference call, Dimon said the "risk here obviously is the asset values."
He added: "That's what created this opportunity."
JPMorgan expects to incur $1.5 billion of pre-tax costs, but realize an equal amount of annual savings, mostly by the end of 2010. It expects the transaction to add to earnings immediately, and increase earnings 70 cents per share by 2011.
It also plans to sell $8 billion of stock, and take a $31 billion write-down for the loans it bought, representing estimated future credit losses.
The FDIC said the acquisition does not cover claims of Washington Mutual equity, senior debt and subordinated debt holders. It also said the transaction will not affect its roughly $45.2 billion deposit insurance fund.
"Jamie Dimon is clearly feeling that he has an opportunity to grab market share, and get it at fire-sale prices," said Matt McCormick, a portfolio manager at Bahl & Gaynor Investment Counsel in Cincinnati. "He's becoming an acquisition machine."
By Elinor Comlay and Jonathan Stempel
NEW YORK/WASHINGTON (Reuters) - Washington... more
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State Representative John LaBruzzo of Metairie said many of his constituents are tired of paying for children from poor families and that is why he is considering proposing legislation that would pay women on government assistance $1,000 if they choose to be sterilized.
“You have these people who are just fed up with working their buns off to try to provide for their own family and being forced by the government o provide for others’ families who just want to have unlimited kids,” he said.
LaBruzzo said he is studying voluntary sterilization for women whose sole financial support comes from the government in the form of welfare or other public assistance. His idea would be to give the women $1,000 if they had their tubes tied.
His proposal has come under harsh criticism by some civil rights groups.
The ACLU called it a misguided and mean-spirited attempt to eliminate poverty by eliminating the poor.
LaBruzzo said his office has been flooded by emails, many supporting his position.
“We have more in favor, saying, ‘good job, keep it going.’” he said. “Of course we have a lot saying you’re going in the wrong direction.”
LaBruzzo said that in addition to the sterilization of women, he would consider vasectomies for welfare dads and tax incentives for higher income families with children in private schools.
State Representative John LaBruzzo of Metairie said many of his constituents are tired... more
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She's pro life...but only if you're human.
There is no overpopulation of wolves and bears in Alaska. Sarah Palin's support for this program is to eliminate the wolves' competition with elk hunters. What she forgets is that hunters go for prize elk and moose, wolves go for the weak and sick. Aerial hunting is a cruel and unfair practice. Add this to that the fact that even though it's illegal, she encouraged Fish and Game rangers to kill 14 wolf pups in their dens with no consquences. She's pro life...but only if you're human.
There is no overpopulation of... more
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