God, I really miss seeing Keith Olbermann and Ed Schultz on the old time schedule on MSNBC, so like a total fool I tuned into today to watch Tweety 'spit' all over James Cramer, the host of CNBC's Mad Money and a co-founder and chairman of TheStreet.com, Inc. literally 'peeing all over each other' to make certain that no matter, what the 'rest of us really know what actually is going on in our completely corrupt government and key financial markets'......
Are you ready for this? That Tweety and Cramer, had the friggin nerve to say, that Bernie Madoff's recent total admission, 'that everyone from the very top to the bottom' knew exactly what he was doing, i.e., stealing billions (as were the rest of his pals), was nothing more than a 'lie.' That's right. You can't even make this shit up.
According to Matthews and Cramer, 'Bernie was just making all that shit up, to get get some 'face time' with the newspapers.'
Oh, right Tweety.....great take on it:
Madoff is in prison for the next 150 years, and so, what? You and that fucking idiot Cramer, are actually saying that he's starting to spill the beans, because he wants another 15 minutes of fame? Fuck you, and the horse you road in on. Matthews has got to be the ultimate biggest suck up on the entire MSM spectrum.....a Five Star General in the Corporate Crooks Club.....that's Tweety for you.
Wish I had the video today, just to show you what a fucking farce this all was.
At least Cenk Uygur, had the decency and guts to put Matt Tabbi on his show today, and for a great diary on Matt's latest 'truth telling' go here:
http://www.dailykos.com/...
snip
To summarize the criminal banksters stop this investigation the good old connection corruption way:
Aguirre also started to feel pressure from Morgan Stanley, which was in the process of trying to rehire Mack as CEO. At first, Aguirre was contacted by the bank's regulatory liaison, Eric Dinallo, a former top aide to Eliot Spitzer. But it didn't take long for Morgan Stanley to work its way up the SEC chain of command. Within three days, another of the firm's lawyers, Mary Jo White, was on the phone with the SEC's director of enforcement. In a shocking move that was later singled out by Senate investigators, the director actually appeared to reassure White, dismissing the case against Mack as "smoke" rather than "fire." White, incidentally, was herself the former U.S. attorney of the Southern District of New York — one of the top cops on Wall Street.
Pause for a minute to take this in. Aguirre, an SEC foot soldier, is trying to interview a major Wall Street executive — not handcuff the guy or impound his yacht, mind you, just talk to him. In the course of doing so, he finds out that his target's firm is being represented not only by Eliot Spitzer's former top aide, but by the former U.S. attorney overseeing Wall Street, who is going four levels over his head to speak directly to the chief of the SEC's enforcement division — not Aguirre's boss, but his boss's boss's boss's boss. Mack himself, meanwhile, was being represented by Gary Lynch, a former SEC director of enforcement.
and BTW, thank you deepsouthdoug !!!!! Keep up the great work.
As far as James Cramer goes, he has about as much credibility as dose Alan Greenspan, Ben Bernanke or Timothy Geithner.
As Dean Baker, recently put it out there for everyone, that has at least one decent shred of cell brain left to admit:
In other words, Greenspan may have ruined the lives of tens of millions of people and cost the lives of tens of thousands (yes, people die because of inept economic policy – they kill themselves, they don't get health care that they need, and they die from alcoholism and despair), but he does not bear the blame alone. Most of the people who hold top positions in policy and academic circles share blame for disaster – refusing to do the simple analysis that would have allowed them to see this disaster coming.
It would be difficult to imagine a more disastrous failure than Alan Greenspan. Tens of millions of people are unemployed, underemployed or have given up looking for work altogether as a direct result of Greenspan's incompetence. Millions of families are facing the loss of their homes. More than one-quarter of mortgage holders are underwater in their mortgages. The huge baby boom cohorts saw most of their life savings disappear when the collapse of the bubble destroyed their home equity. They are now approaching retirement with almost nothing to rely upon other than their Social Security. This is the direct result of Alan Greenspan's incompetence as Fed chair. He either did not recognize the $8 trillion housing bubble or somehow did not think it was a big deal. This was monumental incompetence of the highest order.
The pain and suffering caused by Alan Greenspan's incompetence vastly exceeds the harm that our worst enemies could even dream of inflicting on the United States. Yet, he can always count on a position of honor at the Brookings Institution. Heckuva job, Alan!
http://www.counterpunch.org/...
If anyone knows how to find the video today, of these two total suck up asshats from hell, Tweety and Cramer, I'd appreciate it, but I could not believe the utter bullshit lies, that these two were trying to feed what is left of this horrifying Banana Republic we have now become, at the direct hands of criminals that will never, ever be brought to justice.
"Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that." I put down my notebook. "Just that?"
"That's right," he said, signaling to the waitress for the check. "Everything's fucked up, and nobody goes to jail. You can end the piece right there."
Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people.
http://www.rollingstone.com/...
No only is 'no one going to jail,' but we the American people are too stoopid to get off of our asses, and peacefully march as the Egyptians have (or the Europeans), to demand an end to this new movement:
The Utter Muck of Shared Sacrifice (thanks Slinkerwink) is just another DECOY, for what is now a movement worldwide for 'Austerity' to pay off the same frigging Toxic Debts, that are still being hidden off the books. The final safety net is what these greedy bastards are going after now.
$ 170 Billion more for the endless wars in Afganistan, while the elderly will be cut off from oil to heat their homes, so they can freeze to death, under our current Administration.
At least 919,967 people have
been killed in Afghanistan and Iraq
since the U.S. and coalition attacks, based on lowest credible estimates.
Sources and methodology are explained in the sidebar. Some questions about lower or higher casualty counts cited elsewhere are addressed in these footnotes. This page is updated about once monthly. Most recent update: Aug. 10, 2010.
http://www.unknownnews.org/...
And as Sonny and Cher used to sing: And the Beat Goes On:
Fed Dictator Bernanke Needs To Be Toppled
Fed boss Ben Bernanke is the most dangerous human on earth, far more dangerous than Hosni Mubarak, Egypt’s 30-year dictator, ever was. Bernanke rules a monetary dictatorship that will trigger the coming third meltdown of the 21st century. But this reign of economic terror will end. Just as Mubarak was blind to the economic needs of the masses and democratic reforms, Bernanke is blind to the easy-money legacy that’s set the stage for revolution, turning the rich into super rich while the middle class stagnates and peanuts trickle down to the poor.
Warning, Egypt also had a huge wealth gap before its revolution. Bernanke is the final egomaniac in America’s bubbling 30-year wealth gap, where the top 1% went from owning 9% of America’s wealth to owning 23% during this dictatorship. Bernanke’s ruling ideology is the culmination of a 30-year economic war that has forged together Reaganomics for the super rich, former Fed chairman Alan Greenspan’s toxic allegiance to Wall Street, the extreme Ayn Rand’s capitalist dogma, culminating in the toxic bailouts of Treasury Secretaries Hank Paulson and Tim Geithner, two Wall Street Trojan Horses corrupting government from within.
Since 1981 this monetary dictatorship has caused enormous collateral damage, systematically sabotaging democracy, capitalism and the American dream while fueling the rise of our most dangerous new enemy, China. See “Secret China war plan: trillions in U.S. debt.” When Obama reappointed Bernanke a couple years ago, “Black Swan’s” Nicholas Taleb was “stunned.” Bernanke “doesn’t even know that he doesn’t understand how things work,” that Bernanke’s economic methods are so inadequate they make “homeopath and alternative healers look empirical and scientific.” We called Bernanke, the “Captain of the Titanic,” warning that he was setting up the third meltdown of the 21st century, predicted by “Irrational Exuberance’s” Robert Shiller, a coming crash worse than the 2000 dot-com crash and the subprime credit meltdown of 2008 combined. See “Capt. Bernanke sinks the U.S.S. Titanic.”
http://www.zerohedge.com/...
And BTW, before anyone starts calling me some kind of crazy 'radical person,' I detest Ron Paul, and other's like him, but I sure as shit can see what is going on in our own nation.
There is no such thing as accountability in our government anymore. There is no such thing as true transparency in our government anymore. There is no such thing as the 'consent of the people' (when 70 percent were fully ignored on both HCR and Financial Reform).
What we are truly witnessing in our life time is what can only be called 'a critical mass of corruption worldwide.' More truth telling here:
You know what would have been really cool?
If Obama had just said - you know what - the budget can't be balanced, deal with it. And you know why? Because over the past two years, the economy, that was trashed by the banking sector, still sucks. And, during the entirety of the Bush administration, while prepping the economy to suck, debt to pay for wars and tax cuts kept growing. And, when the banking system was facing the abyss, we opened our checkbooks, we stimulated the hell out of it, but we did it mostly through issuing Treasury debt and the magical Fed printing machines - so it doesn't show up in the budget that we're all debating, except for a couple hundred billion to Fannie and Freddie and what remains of the stellar TARP project. And you know what? I admit that was a stupid thing to do. It was stupid when it started under Bush, and it was stupid when it continued under me and the economic team I appointed to keep it going. The bailout binge increased our public debt by 50% under my reckless economic advisors, Treasury Secretary, the Federal Reserve. And, hell if other countries decide to dump Treasuries in bulk, and their interest rates rise, and Bernanke can't QE them down fast enough, our budget deficit will gap like the Grand Canyon.
Meanwhile folks, we need revenue. Just like banks need profits to pay bonuses. And, that's something that can only be remedied through a healthier economy - not just for corporations, stock market investors and banks - that are sitting on $2 trillion in cash, with $1 trillion parked at the Fed - but for the general population that still counts 26 million people under or unemployed, not to mention a historically high 48.9% unemployment rate for youth, rising food and basic needs costs, continued foreclosures on entire families, and health insurance rates that will double within the next three years. You know what, when this country needed revenue in the past, Republican presidents and congresses did the math. Now, it's my turn. Let the GOP explain exactly how a lower corporate tax contribution created more jobs in the past two years, and while they're trying to figure that out, I'm gonna show some real leadership, and do everything I can - not to balance the budget - but to balance our economy.
Oh well.
http://www.nomiprins.com/...
Right Nomi....'Oh Well' I guess the Middle Class and poor will have to pay off the toxic debts world wide, as food prices skyrocket, as will oil.
Oh well.
At least we can depend on people like Chris Matthews and James Cramer, to keep shoveling their bullshit lies, when we all know the damn truth.
How stoopid do they think we are? Amazing, simply astounding.
Thanks as always.
Ms. B.