tag:blogger.com,1999:blog-2335748440449035592.post6156233022815730727..comments2009-04-07T05:53:53.843-04:00Marknoreply@blogger.comBlogger11125tag:blogger.com,1999:blog-2335748440449035592.post-87175338385784275842009-04-07T05:53:00.000-04:002009-04-07T05:53:00.000-04:00More deceit to cover up earlier lies by the same bunch who got us in this mess - where's the change Obama promised? This needs a deep overhaul.<BR/><BR/>And the market is rallying - this is capitalism gone insane.<BR/><BR/>AnuragAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-75211547074096705222009-04-06T22:15:00.000-04:002009-04-06T22:15:00.000-04:00Amen, brother. Amen.<BR/><BR/>Keep fighting the good fight.Gestalthttp://www.blogger.com/profile/15636551868375563464noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-60362637763572187862009-04-06T19:44:00.000-04:002009-04-06T19:44:00.000-04:00It makes me feel like I am pushing a boulder uphill after I see all this. And the government is pushing the boulder back down against me from the other side.<BR/><BR/>Thanks for all the information.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-26478160063935780702009-04-06T19:33:00.000-04:002009-04-06T19:33:00.000-04:00We are not at a total loss yet. I think we just have to do the best we can as an individual and work towards the common good of the nation in general.<BR/><BR/>Sounds idealistic, but it has to start sometime and with someone.<BR/><BR/>Oh yeah, CNBC does make national corruption a bit more bearable since its getting reported.<BR/><BR/>Nice one!Print Bannershttp://www.onlineposterprinting.com/Outdoor-Banners.htmlnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-91803230784848679422009-04-06T18:55:00.000-04:002009-04-06T18:55:00.000-04:00Scott, you might be getting the Robert Gibbs version. Santelli has been against every bailout of every kind. At some point it becomes cummulative and a person snaps - I think that is what happened that day. There is no God given right to home ownership - we should provide roofs over heads as last resort but that is very different from ownership.<BR/><BR/>And yes, in America we practice corporate socialism while criticizing countries that practice citizen socialism. I find it ironic but I am in the minority.<BR/><BR/>Anon,<BR/>we now have our first true celebrity President. It won't change - our DNA. Maybe if you take away the NFL people will wake up... maybe.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-31613610280005529152009-04-06T18:51:00.000-04:002009-04-06T18:51:00.000-04:00Great post Mark. I completely agree and I'm frustrated because there doesn't seem to be anything we can do about it. Democracy has apparently failed in the U.S.<BR/><BR/>Along similar lines to the sources you quote above, John Hussman's most recent letter does a great job of laying out why the PPIP is a scam and why the bondholders should be made to take losses, not the taxpayer.<BR/><BR/>http://hussmanfunds.com/wmc/wmc090330.htm<BR/><BR/>It strikes me as ludicrous that the media isn't all over this story - the taxpayer is taking losses so the bondholders don't have to... How is this not socialism for the rich???<BR/><BR/>I also think you're right that they're intentionally keeping things complicated so that the average Joe can't figure out he's being duped. Totally depressing.Benhttp://www.blogger.com/profile/01001242150400508914noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-32111646861005298432009-04-06T17:52:00.000-04:002009-04-06T17:52:00.000-04:00TM, <BR/><BR/>I'm with you all the way bruddah....but I've figured out how to rile up the masses. It's very simple to get our good Americans more than pissed off:<BR/><BR/>1) Get rid of AMERICAN IDOL <BR/>2) Vaporize the whole land-mass known as Hollywood, California<BR/><BR/>That will put the SHEEPLE'S minds back on priorities. <BR/><BR/>God Bless America.....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-23793700009515052122009-04-06T17:48:00.000-04:002009-04-06T17:48:00.000-04:00ha ha, yeah CNBC, I don't think there are any reporters on CSPAN.<BR/><BR/>I guess I might not have the whole story on Santelli, but it seemed to me like he was 10x more outraged at the relatively small home owner bailout (which doesn't really help anyone, oh sure, you can refinance to 1% less than your current loan if you aren't underwater) than all the ridiculous mountains of cash that were just handed to the banks with no questions asked. Almost like, if the bailout helps Wall Street then it's ok, but if it helps Main Street, then forget it. Maybe that's just my take on him, and maybe a bit of that is CNBC's spin affecting my image of him.<BR/><BR/>You know looking at the level of influence the average american has on the actions of our govt is like looking at a stock that gets cut in half and still doesn't seem to show any signs of having a support level. It's like these guys are competing to see how much they can take from the avg citizen before he notices...<BR/><BR/>And then when some poor schmuck realizes how hard he's been scammed, he takes it out on his boss and coworkers and random innocents who are all in the same sorry state that he was in.<BR/><BR/>I guess there are no guarantees, I'm hoping some "real" social good can come of all this, and not just nonsense rhetoric from a new generation of smart, charismatic politicians.<BR/><BR/>You've got some clout on the internets, Mark. why don't you run for congress? Or show up on the Daily Show or something...ScottGnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-3818680718065521302009-04-06T17:04:00.000-04:002009-04-06T17:04:00.000-04:00Actually I like Santelli and he is on CNBC not CSPAN.<BR/><BR/>The point Santelli was trying to make was let the system flush itself out - the pain will be harsh but we'll self correct much quicker instead of dragging this out. I don't disagree with that. I'd provide social safety net for Americans, insure all deposits and then let the system play out. <BR/><BR/>Equity and bondholders should not be bailed out - the bond holders simply making out like bandits with everything we have done.<BR/><BR/>Now that you get government even further involved you will see crony corruption of an enormous level. They don't even try to hide it because its not an engaged populace.<BR/><BR/>As for my hopes? I have none. My only hope was good people would stick in as watchdogs and the popular support would help buoy them. Neither is happening - in fact the opposite. You need a very vigilant and engaged populace. We have neither. "Socialist" countries with massive social safety nets take to the streets for a fraction of what happens here. Here, people are in "dog eat dog" society and say "that's the breaks". Even though "the breaks" are clearly not on an even playing field.<BR/><BR/>Hard to erase year upon year upon decade upon decade of dogma. I don't think founding fathers would be saying this is the principle of the country - in fact some of their writings say complete opposite. <BR/><BR/>Oh well, after anger comes acceptance. Just keep working and sending your tax money in ...TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-85528493612645150702009-04-06T16:58:00.000-04:002009-04-06T16:58:00.000-04:00Abandon Hope all Ye who Enter hereAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-16883495041286016682009-04-06T16:55:00.000-04:002009-04-06T16:55:00.000-04:00It's terrible. Do you have any hopes that somehow we'll ever be able to breakaway from such a corrupted system? At this rate, these guys will run all of this nation's wealth into the hands of the same people within a few years. I don't see how this is sustainable, it's an aggressively active drainage of everyone's wealth. It's the crime of the century happening right in front of our eyes and it's "fixing the problems" cause our president says so.<BR/><BR/>And then you've got fools like cspan's santelli throwing fits because the govt handing out crumbs to actual people. Meanwhile everything is being given to the same banks that stole from everyone in the first place...it's scary how easy they're getting away with it...ScottGnoreply@blogger.com