You must watch this and pass it on
Archive for March, 2009
This is real, Serious, the German’s are seriously selling this fine product.
“If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen.”
The Battle Cry for Countrymen to Rally for the First Revolution…
“I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve.”
Japanese Admiral Isoroku Yamamoto, After Bombing Perl Harbor
|Rush Job: Inside Dems’ Limbaugh plan
By: Jonathan Martin
March 4, 2009 04:04 AM EST
|Top Democrats believe they have struck political gold by depicting Rush Limbaugh as the new face of the Republican Party, a full-scale effort first hatched by some of the most familiar names in politics and now being guided in part from inside the White House.
The strategy took shape after Democratic strategists Stanley Greenberg and James Carville included Limbaugh’s name in an October poll and learned their longtime tormentor was deeply unpopular with many Americans, especially younger voters. Then the conservative talk-radio host emerged as an unapologetic critic of Barack Obama shortly before his inauguration, when even many Republicans were showering him with praise. (Link for Full story)
Is more like it, and we are the trough…
AIG’s Fourth Rescue May Not Be Last as U.S. Guarantees Support
By Ari Levy and Hugh Son
March 4 (Bloomberg) — U.S. taxpayers may not be done bailing out American International Group Inc. after the head of the Federal Reserve said a fourth rescue of the insurer was needed to keep the financial system from failing.
Fed Chairman Ben S. Bernanke testified to the Senate yesterday that AIG’s collapse “would be devastating to the stability of the world financial system” and would keep the U.S. government from recouping its investments, which had already ballooned to $150 billion. A day earlier, the Fed had warned that AIG may need more support if markets don’t stabilize and improve.
“We’re not done with AIG by a long shot,” said Phillip Phan, professor of management at the Johns Hopkins Carey Business School in Baltimore. “The problem is we still don’t know the extent of the risk AIG has. We don’t know where the bottom is.”
The rescue, which now leaves taxpayers on the hook for $163 billion at AIG, a government official said, was raised after the New York-based company reported a $61.7 billion fourth-quarter loss on March 2. AIG still has billions of dollars in unrealized losses on assets and faces declining revenue on premiums because of the slump in commercial insurance and the company’s struggle to attract new business. (LINK to Full Story)