Comments on: ThinkFast: March 17, 2008

By: RUCerious

RUCerious — Mon, 17 Mar 2008 21:06:39 +0000

Not a good sign when trying to get to the TIAA-Cref 401k site and you get this
type Status report

message Resource Not Found

description The requested resource (Resource Not Found) is not available.

By: Briseadh na Faire

Briseadh na Faire — Mon, 17 Mar 2008 18:40:04 +0000

Too bad Bush didn’t get his way in privatizing Social Security.
All of those billions could have been pirated off by Corporate Robber Barons by now as well.

Ah well, perhaps next time….

By: mary

mary — Mon, 17 Mar 2008 18:11:10 +0000

Just heard some guy who invests in “distressed” companies in the hopes of making lots of money (at least he was honest about it) on CNBC express how upset he was that JP Morgan/Chase got all that stock at $2/share. He’d bought his stock on Friday at $32/share and was not a happy camper. He thinks that Bears Stearns’ investors would have been better off going into bankruptcy.

The CNBC prompter-reader went on to say that some people are already looking into class action lawsuits because of it.

The right wing all of the sudden likes lawyers and lawsuits when it hits their pocketbooks?

By: Marie

Marie — Mon, 17 Mar 2008 17:46:31 +0000

I watched the first of John Adams on HBO last night and I couldn’t help but think that the patriots could be compared to the Iraqis and the British compared to the occupying American forces.

By: jpoke42

jpoke42 — Mon, 17 Mar 2008 17:37:09 +0000

Anyone notice that the trolls are absent… no one to defend all the bad news coming out today???

By: Witch1

Witch1 — Mon, 17 Mar 2008 17:34:12 +0000

Bravo TP….All seem’s to be working this morning….Two improvement’s in your new and improved site today are the poster’s name at the beginning of their comment and the spread out larger text format…..Look’s good, Thank you…Blessings

By: And the beat goes on

And the beat goes on — Mon, 17 Mar 2008 17:09:45 +0000

My link didn’t work.

http://business.timesonline.co.uk/tol/business/economics/article3564014.ece

By: And the beat goes on

And the beat goes on — Mon, 17 Mar 2008 17:08:38 +0000

Gulf central banks urged to sever links with tumbling US dollarSonia Verma in Doha
Pressure is mounting on central banks in the Gulf to fight surging inflation when they meet on Wednesday by severing the link between their currencies and the tumbling US dollar.

Officials in Qatar and the United Arab Emirates have denied rumours of an imminent decoupling, but investors are betting on reform and are rushing to buy local currencies as investment banks issue fresh calls for revaluation.

London Times

I guess this parallels my posting at #8. I can’t even imagine what this will do to oil prices. Sounds like Cheney needs to work some “dark magic” while over there –oh, I forgot – just bomb Iran. It’s all their fault.

By: tombaker

tombaker — Mon, 17 Mar 2008 17:06:25 +0000

New Deal, please.

By: daytripper

daytripper — Mon, 17 Mar 2008 16:57:55 +0000

2MillionLightYearsToAndromeda Says:
March 17th, 2008 at 9:55 am

I thought these “Free Marketers” DESPISED Socialism?

think again. the bolsheviks set up a central bank (admitted by lenin and others) and it was the tsar who objected to it. contrary to belief the major banks did not object to the revolution in russia. The stood to gain more with the creation of central banking than they would lose from the impact of extreme socialist policy at the domestic level such as no free enterprise or private ownership etc.

also, as far as im aware, one of the major architects of the modern chinese economy was Milton Freidman.

these people dont give a toss about political ideologies or nations or borders. aslong as all states are tied into the international banking system is their only concern.

By: katy

katy — Mon, 17 Mar 2008 15:51:38 +0000

Cheney on Unannounced Visit to Iraq
New York Times – 1 hour ago
By RICHARD A. OPPEL Jr. BAGHDAD – Vice President Dick Cheney made an unannounced trip Monday to Baghdad, where he plans to push Iraqi political leaders toward opening the country’s vast oil fields to international companies, a senior Bush …

… of course…

By: katy

katy — Mon, 17 Mar 2008 15:46:03 +0000

no, annie… kristol is just doing his job: propagating the propaganda…
or is it catapulting? both? whatever, he’s doing it…

By: katy

katy — Mon, 17 Mar 2008 15:44:11 +0000

just noticed this…

Mills awarded £24.3m settlement BBC News
Paul McCartney Un-marries Heather Mills for $50 Million eFluxMedia

how does £24.3m = $50 Million ?

By: Leftside Annie

Leftside Annie — Mon, 17 Mar 2008 15:30:03 +0000

Wow. LOTS of bad news this morning. Bad, bad news.

Makes me cranky. But then again, I’ve been pretty damned cranky for the last seven freakin’ YEARS.

Good morning, everyone!

~L. Hussein Annie

p.s. Anyone believe Billyboy Kristol will get his ass FIRED from TIME for that egregious lie he told…?

*crickets*

No?

By: RUCerious

RUCerious — Mon, 17 Mar 2008 14:44:54 +0000

katy, sounds like the msm swiftboat is at the dock waiting for Obama to get in so it can sink his candidacy.

By: Zimzone

Zimzone — Mon, 17 Mar 2008 14:41:42 +0000

Katy Says: -March 17th, 2008 at 10:35 am

‘Morn’n, Katy. I didn’t see the Today show, but read Evil Spanierd’s post, re-posted by Mr. Evil at 57…

Right wing minister’s get blessed when they denounce America.

Race, Religion, & Gender…none of these are mentioned in our Constitution, other than ‘Church’, as in separation from State.
None of them.
Yet, the MSM will wallow in this shit until they’re up to their ears in it.
It’s much easier to throw out suspicion, innuendo & gossip than it is to actually investigate. Lauer, Couric, Williams, Blitzer, et al should just STFU.
The only purpose they currently have is to fan the flames of the McCainiac Party.
Shame on them.
When the media becomes partisan, we have Fascism.

By: JMOHR

JMOHR — Mon, 17 Mar 2008 14:40:58 +0000

Moral hazard was created long ago by the corporate oligarchy that rules this country. The government has always been there to support the growth of the business elite to the detriment of the average American. Moral hazard was always avoided by limiting the excesses of the greedy. Usury laws prevented the piling on of excessive interest rates that tended to drive those who were marginal or in temporary distress into unsound loans. Bankruptcy laws forced the lender to bear a greater cost of a loan gone bad. Security regulations and banking laws prevented the securitization of consumer debt obligations. Market risk existed on both sides of the transaction. We are now reaping the reward of a system that has torn away shared risk and permitted those originating loans from having a clear, immediate risk.

We all know that government and economic forecasters underestimate the nature of an economic melt down. Listen to the hurried reactions of the government and the pessimistic views now that we are beginning the dissent into depression and imagine how bad it will really get.

By: katy

katy — Mon, 17 Mar 2008 14:35:24 +0000

i’m late, as usual… haven’t read anything yet… wanted to get this out…

did anyone see TODAY this morning?

matt lauer was talking about OBAMA and pastor wright, and then went right into another story, but i actually thought it was connected to the obama story, and i’m not sure that wasn’t the plan…

except that next story was about CHARLES MANSON and bodies possibly buried on the former manson ranch…

HOLY SHITE! i swear it was on purpose – he was connecting OBAMA to manson…

i wish i could see it again, ’cause i may be mistaken… but it was unreal…

By: Zimzone

Zimzone — Mon, 17 Mar 2008 14:34:14 +0000

If you steal a hundred dollars you’re a crook, but if you steal a billion dollars you’re a multinational business genius.

So long, Bear Stearns, you had it coming…

By: Mr. Evil

Mr. Evil — Mon, 17 Mar 2008 14:33:36 +0000

Let’s try this again.

http://news.yahoo.com/s/huffpost/20080317/cm_huffpost/091774;_ylt=Aq_lH72YCCxOlaE1vskCJXms0NUE