Why the AIG Bail Out

Get these Republicans out. Get them out of here, and as soon as posible.

When banks and securities got deregulated here’s what happened. Real short, they got crazy, but let me make some since of this if I can type fast enough to stay ahead of my anger.

Banks gave good and bad loans (mortgages), far too many loans were made to people who they new had no way in hell to pay for them and still survive. The banks didn’t care because they sold these loans. They only kept these loans long enough to get rid of them. They bundled these loans and sold them to the deregulated investment firms. The investment firms turned these bundled loans into securities and sold them as investments. Who bought these loans?
Mean while the jobs kept being shipped out.

It got so good that banks were penalized for not making loans even though they knew so, so, so many were bad. Tough, they made the loans, and the loans got bundled and sold on the open market anyway. Freddy and Fannie got on the band wagon too; folks were getting phat, no let me say it better, they got filthy and disgustingly rich.
Mean while the jobs kept being shipped out.

China bought billions and billions of dollars of these securities as collateral in order to loan America money, Japan also. These nations asked how do we know if these securities are any good. This is where AIG came in, AIG insured them. AIG SECURED A BUNCH OF BAD LOANS THINKING ONLY A FEW WILL GO BAD.
Mean while the jobs kept being shipped out.

People began to default on these loans because THEIR JOBS KEPT BEING SHIPPED OUT. Foreclosure became the word of the day. The investment firms and banks had no cash. With no cash we still needed to borrow. AIG cried we ain’t got no money to back these loans. China said what’s up with this and what’s wrong with this picture. We ain’t giving you no more money, ya’ll are messing up our economy.

If we didn’t bail out AIG who secured these loan/securities China was gone. Our financial system was gone. Savings were gone. Retirement was gone. The dollar bill was gone. No money could be lent. The US would be on a cash and carry system.
Mean while the jobs kept being shipped out.

The Republicans are scrambling for a quick fix. They have completely destroyed the American financial system. They have stuck the dagger into our hearts and have twisted it. America is on her knees bleeding profusely. Wall Street have made off with the National Treasury. The Republicans are inept and can’t be trusted at all. The dollar is falling. Inflation is going to sore. Start the money presses.
Who will buy the phony money? Gas, food, and utility prices are going to go through the roof. This is called inflation or private taxation. Who cares if my money goes to the government or private industry inflation is a tax to me.

People will make a run on the banks to get their money and rid themselves of the dollar bill. The government must print money or all government entitlements will be shut down. Look what would have happened to Social Security if the Republicans had their way and the program was privatized … gone.
All this chaos, do something fast, we’ve got to keep McCain from losing this election by quadruple points. We wanted to dump this mess on Obama but it came too soon. The foreign investors involved in our economy are getting together to discuss shifting to a different currency other than the dollar. The world market is at risk.
Mean while the jobs kept being shipped out.

What will we do?
#1…Elect Obama and give democrats 60% majority in the house and senate. (60% kills filibusters)

#2…If a government bureau is going to buy the toxic loans for $0.25 on the dollar, adjust the loan holders to $0.25 on the dollar also. It will be absurd for the government to buy these loans at a huge discount and not give some relief to the loan holder by holding them to the old contract. They could still lose their homes to the government instead of a bank. (People want to keep their homes)

#3...Raise minimum wage drastically based on the number of employees and industry. Not across the board. (Middle class will spend money)

#4…Extend unemployment benefits to 18 weeks, (Helping middle class afford gas for travel when searching for a job which today takes up to a year or more.)

#5…Go to a flat tax, no deductions. Rich, poor, and middle class all pay the same percent.

#6…Lift the cap off Social Security. (As long as you earn, pay into the fund.) Social Security will be protected forever.

#7…Re-regulate the financial industry

#8…End all trade agreements.

#9… Put a tariff on import to level the playing field from markets with sweat shops, (Including our own businesses that jobbed over seas.)

#10…Meet with global investors to ashore them that the dollar will be strong.

#11…Entice manufacturing companies to come back or stay.


We’ve got to do something drastic; I mean really drastic, and do it now. The middle class again holds the entire burden of this load on their shoulders, (Government is financed by the middle class because we are the only group out of the three who pay taxes. The poor and rich do not.).

Eventually the jobs will come back. The wealthy will remain wealthy. Middle class will come back and our money and investments will be safe and everyone will play a part in the growth if we elect Barack Obama as President of the United States.

You see, Obama already has the support of the world. The world is waiting for him. The world is ready to work with him. The world doesn’t want to lose America, but the world is waiting for us to do our part.

You may not like me talking about the World in our mix but I hate to tell you, if the World is not involved in this global correction, America will be a third world nation, a nation on the take, a nation’s who’s only might is war and the bomb.
I’ve mention before; Obama will go down in history as the greatest President of all times.

Gaidi

McCain Part #2

First, I’m tired of this election process. It’s been close too two years now. This is much too much. You can love a candidate, then hate them and then love them again. As the days and events go by, so too do the reflections and mind set of the voters. Candidates hands are tied on many daily issues because they’re not in power so they’re damn if they do or don’t. Candidates have been away from their jobs and family’s courting American’s day after day. Nothing should take this long to be settled but since it has here we go.

McCain picks a woman as a running mate, a good speaker but … let me get back to this later.

As I’ve said before McCain will say and do anything to be elected President. He picks a woman and it looks like he’s hiding behind her skirt.
This decision was made from the hip. It was only made to try and secure the woman’s vote.
It had nothing to do with picking the best posible person who could succeed him in case something was to happen and country would be in good hands.
This pick was to win at all cost and is an example of political and social science at its best.

McCain wants the disgruntled Hillary supporters. He believes you can just put people into groups and they follow suit. (Women vote for women) Wrong.

He understands women turn out to vote more then men, they say. (Appease them with a woman to vote for) McCain has done nothing for women rights in 26 years in the senate, nothing.

Many women feel they’ve been oppressed by men. They’ve worked for less pay in the job market while doing the same job as men in far too many cases. McCain has voted to continue this policy as many times as it’s come up.

Many women must clean the home after work, cook, take care of the children, make all of the house runs to the cleaners, store, doctor, do the laundry, clean the house, help with homework with the kids, keep in shape in order to look like that trophy wife, be a sexual athlete, cater to all the needs of her man’s demands, be put over to the side at gatherings except when men want them when they’re on the prowl, etc.

Now we have a woman one breath away from the top of basically the most powerful and respected job on planet earth, the Presidency of the United States of America.
All of the concerns of women wanting their just do are only a heartbeat away resting on the shoulders of Palin, and we want women who many feel oppressed by men to vote on issues; Great choice McCain but the wrong women.
We ask women voters to forsake gender for the good and better of the issues. We ask them to shelve the closest and maybe last grasp they have of a woman gaining full executive power in their lifetime in order to vote for a black man.

Many women can care less if this vice-presidential candidate could write a check. They only believe that McCain because of age and health issues may not go full term and wham, we got it.

Let me tell you something, women are much more militant and rowdier then men when given the chance to come out in force; check out the all male strip clubs that some women frequent. They can and do some of anything to those male dancers, if a man tried to do those things to women in a similar club for men, they’d shut the club down, that’s why men are not allowed inside a women’s male strip club. Women in force are tough and unified. What’s done inside a strip club stays inside the strip club.
McCain believes women will rally around Palin because of the reasons I’ve stated above about him. He thinks this could get him over the top. He’s desperate and pulling out all the stops to obtain power even if it’s for a minute.

Palin’s selection was brilliant for McCain at the cost of this nation’s future. He’s getting the crowds; his campaign is receiving money, enthusiasm is high because he was sinking fast before her arrival. In other words, he’d rather hide behind a women’s skirt then lose an election.

Palin has scandals and the republican base is trying to squash them until after the election. She lies too, and is great at not answering questions but dancing around them like she’s still in a beauty pageant. McCain is exploiting her well. Hey when it comes to keeping power, money and fame, people will sell their mama, sister, and daughter if it’ll keep in the loop. Good lookin out McCain

Palin knows that if she admits to her bridge to nowhere lie, trooper-gate, and baby-gate (http://www.vanityfair.com ) (see time line on Palin’s pregnancy); it will be political death for the republicans. They also know she can say anything and can’t be attacked because she a women and sexism will show up.

Palin’s being exploited by the republicans. She’s the suicide bomber for them. She’s to lie, lie and attack Obama with reckless abandon, then get out the way if McCain is elected. Keep hiding McCain

Everyone knows that McCain is two faced and all over the place on everything. He can’t recognize himself. But does everyone know that a vote for McCain is like playing Russian roulette with your future, your children’s future, your children children’s future, and your freedom as you once new it. This includes your job, money, (savings) retirement, home, wages, constitutional rights (with supreme court appointments), a the police state, wars, lies, cover-ups, disregard for your opinion, etc.

So, McCain picks a woman as a running mate, a good speaker but … the honeymoon will be over for Palin if McCain is elected; she’ll be treated like that long lost relative that popped up and wore out their welcome, and he’ll run another good dictatorship won’t he … or will she?

Gaidi

It’s Obama or Curtains

I can’t hold back any more, this might get lengthy? I keep hearing businesses talk about all the reasons they are going out of business or the lack of business. They cry, it’s because of government, it’s because of insurance, it’s because of inflation, it’s because of policies, and it’s because of taxes, along with this and that. Wrong! It’s because of Customers plain and simple, customers. Who and where are the customers? They are the Middle Class and they‘re becoming extinct, which brings me to my point.

Here in America we have a social policy we call capitalism, so they tell us. I’ve learned that capitalism is a social system based on the recognition of individual rights including property rights in which all property is privately owned, and I do mean full, pure, uncontrolled unregulated individual rights.

Capitalism demands the best of every man. It leaves every man free to chose the work he or she likes to pursue or specialize in. It enables him or she to trade their product for the products of others and go as far down the road of achievement as their ability and ambition will carry them. Their success depends on the value of their work and those who recognize that value. When men and women are free to trade it’s a win, win for every field of endeavor plus it raises the standard of living for everyone taking part in it.

All that said brings me to this.

Here in America, we are not a capitalist system and never were. We’re a Mixed Economy, a mixture of capitalism, because we have a system of some freedoms and some controls with no principles or rules to define either. In other words at who’s freedoms and who’s and whom to control.
Stay with me now.
Slavery, Native Americans on reservations, women not being able vote, Blacks not being able to own property or even was property, KKK, Roe vs. Wade, Japanese Americans being seized in WW2, Black Wall Street in Okalahoma. It seems to me we have a system of freedom for the few and privilege but the control over those who are not.

A mixed economy system is unstable and has to repeal its controls or collapse into dictatorship. A mixed economy has no principles to define its policies, or its goals, or its laws or its principles in order to limit the power of its government. (Can you see we’ve got that going on right now?) No ones interest is safe, everyone’s interest are on the public auction block and anything goes for anyone who can get away with it. Look back at these last seven years of republican rule and I do mean rule.

This kind of system breaks a country into groups fighting one another. This system give us the resemblance of law and order but it only gives us chaos. It’s fueled by pressure groups, special interest and lobbies all seizing to control legislative power by ripping off some privileged special interest at one another’s expanse by the act of the government.

The only way this can stop is by compromise. We’ve got to compromise on everything. We’ve got to compromise on everything, material and intellectual so that no group steps over the line by demanding too much and topple the whole damn system. The only threat to this is an uncompromising person, group, or movement. THIS COMPROMISE IS CALLED CHANGE TODAY and this is what I believe Obama is trying to get across.

Today you see the republican political manipulators setting new conflicts such as ethnic minorities against majority, the young against the old, the left or right against the middle, women against men, even welfare recipients against self supporters. OBABA WANTS TO BREAK THIS UP PEOPLE. If he’s not elected, forget the middle class as we know it, which brings me to my next point.

The Middle Class is a nation’s heartbeat and lifeblood, its members are independent and this class of people feeds the rest of everything, it’s the energy source of an industrial economy and capitalism can not exist under any other kind of system. In other words without middle class, there is no America.
A mixed economy is not the destroyer of the rich. The rich ARE the destroyers in this kind of system. This kind of system destroys YOU the middle class. This kind of system is the republican’s platform. We middle class people must take back our government or we won’t have a government of the people, by the people, or for the people. Some of you have been duped once or twice already in you life thinking you were republicans because things got good for you. Some of you have no concept or belief in what I’m saying either. How do I know this? Because some of you were too foolish to evacuate from the path of the hurricanes this past week so if you’re foolish you’re foolish. If you want to be uninformed then you’ll be uninformed.

Installing Republicans back into power means you’re saying republicans have totally destroyed this nation but I believe only republicans have the knowledge too, and will to fix it. Ha! Ha! Ha! If you think like that.
Listen there will continue to be NO customers for businesses. Giving breaks or money to the rich hoping it will trickle down did not work because of the mixed economy and will never work for the middle class because the rich don’t have the middle class values in mind if they are republicans. They don’t understand the concept, ideology, needs or importance of the middle class. There is a lot of money in this nation and they want it all, and they want laws to make sure that they keep it all and that’s all that matters to them, this is not a game.

Obama is and wants change to get America back into some type of order. He wants people to understand service, and that we are our brother’s keeper, and if the playing field is unequal for anyone then it’s unequal for everyone. He wants businesses to get back customers and that means rebuilding the middle class. He wants people to have hands on government again. Barack Obama is more like you and I then you can imagine, he has a middle class agenda for this country, he’s a democrat, plus he’s the democrat nominee for President of the United States, he just happens to be black, like that’s important and if it is, grow up.

Gaidi

The Sub Prime Fiasco

You want to know some more about the Republicans, then check this out.

When the money was not coming back to the government fast enough, Greenspand began to play with the Federal Reserve.
Money wasn’t coming back because we were losing jobs to outsourcing. So, when less people work, fewer taxes come back to the government.

The first move for Greenspand was to make credit easier to get, so credit cards flooded the market. They sent credit cards to my pet. This put a bubble in the economy for awhile but the continued lose of jobs made the credit cards harder to pay off because the people had maxed them out.

His next great idea was to find out how people can pay off these credit cards so he made it easier to refinance your house. People began to use their house as an ATM machine. They paid off credit cards and bought frivolous things and re-maxed their credit cards again. Jobs continued to leave and people began to foreclose banks began to fail and big business began to go belly up.
Enron was the same thing, and the saving and loans were the same too.

Fanny Mea and Freddy Mac owned over 75% of the sub-prime loans and the profit from those loans went to share holders and China. You see China bought the bonds from those loans for money they lend to the USA. This fiasco has put havoc on the world market too.

Now your great, great grandchildren are $130,000 in dept. Every time Republicans get in power the quality of life for common people go down. If you don’t learn from your history you repeat it. Thanks Republicans.

So what do we do? Vote the other way. Bring honesty and integrity back to America. Get rid of the people in power now and let’s start over. Let the people get involved with gaining their government back. Wake up people and learn from your pass or are we just that ignorant. Aristotle or Plato said that the masses are incurably ignorant. Well lest see.

Gaidi

Democrats

Democrats and Obama what the hell is wrong with you. How come you don’t throw any punches at the Republicans? Stop turning the other cheek and hit somebody in the face. The Republicans are lying through their teeth.

I didn’t get on this team to loose especially sitting down. Swing at these guys and I’m being nice.

Tell them that Fanny Mea and Freddy Mac should be nationalized. Make it a Government department run by bureaucrats making 80 grand, so that when the bail out comes and the profits from it come back, the money will go back to the tax payers who bailed it out rather than the fat cats that make Millions.

Tell them that the $300,000 outfits Cindy McCain wears are ridiculous, and they call Obama elite.

Tell them that the plane Palin sold was not sold on ebay. It was sold at a lost to a privet firm. The plane was to transport prisoners because Alaska doesn’t have enough jails so they transport prisoners, so now that the plane is gone they transport prisoners at a higher expense.

Tell them that the money from the bridge to nowhere was kept by Palin and the bridge was not built, $27,000,000

Tell them that the money Palin gave to the Alaskans was to perpetuate her political career.

Tell them About McCain not supporting the GI bill he’s taking claim for.

Tell them about McCain’s constant backing of Bush.

Tell them that the war has been over and they are just occupying the nation and that you can’t win an occupation. Did you see the banner at their convention?

Ask why did the media refuse to show the 800 people arrested outside of the convention and their civil rights violated? See http://www.democracynow.org.

Hey Dem’s you ain’t going to win the white house on issues. You didn’t last time or the time before or this time either.

The Republicans is a party of fat cats, racist, the ignorant and liars today. They only had 37 black people at their convention. Is this a party for the people? Hell no!
USA Today shows McCain with a 10 point lead. How’s that?

Get on the media for trying to except the Republicans response not to let them pull out all the mess on Palin (Remember the Rev.)
Don’t let her get a free ride. This girl is bringing back glasses.

Why did Palin while pregnant and her water broke give a speech, catch two planes for an eleven hour flight and have her husband drive 45minutes to the hospital to deliver the baby. This is very, very not normal.

Find out if Palin had an affair with her husband’s business partner that the National Enquire can document, did she try to have her brother-in law fired and that she took earmarks in the tune of $750,000,000 over two years. She is the Queen of earmarks. Hell she wanted to secede from the United States.

McCain’s last ads are nothing but lies. He’s stealing the change motto can’t you see this. Danm, run some ads, challenge them, make them look like the desperate liars that they are. Time is running out.

Come on Dem’s swing. Don’t go down and you got the gun. Anybody can beet the Republicans this time if they want it. Why do you think Hillary and Bill are so sick that they screwed up? Come on hit back, don’t punk out. I’ll give you until the debates before I call you Sissy’s every last one of you.

Gaidi

Presidential Conventions

Hi again, I’ve been gone awhile. There was so much going on that I was overwhelmed to write.

I got the chance to go to the National Democratic Convention in Denver. What an exciting event and Denver is a grand city. The city was a buzz with the ticket of Obama/Biden. Downtown was full of people from every ethnic group from sun up to sun down. I don’t understand how this race is considered close but they say it is. Oh, the 84,000 people inside Invesco (Mile High Stadium), they forgot to add the other 15,000+ outside the stadium lessoning to the speakers, music and cheers coming from inside the stadium because of the sound system. Togetherness was everywhere.

I watched the Republican’s Convention. It was not sold out, the hall was small and empty, 90% of the people were white, the men were all in suites (weird), very, very few young people, and the first big decision McCain was suppose to and was in trusted to make was for vice president, he didn’t, someone made it for him and that someone will run this Country if he is elected president plus their choice was a political tactic and not the best for this Nation if anything was to happen to him.

I’m not going to say too much because I don’t want to but if half of you and according to the polls it’s about half see McCain as the best choice for America and you’re not rich then I feel for you. I feel for you because you have some very deep and hidden issues. I feel this group is looking extremely hard to find some type of rationality to vote for McCain in order to hide a bigger problem if you’re not a true Republican. This group is Praying for some small opening to support his ticket. Look people this Country is in shambles, do you really want to keep this group in power? I truly believe you don’t, so don’t. Don’t fall for the lies. McCain will not be running this Nation, the people running it now will be.

If you are a woman and see McCain as an alternative because of your love or militancy for Hillary even though she lost by the laws of our system but you want those laws stretched or altered for you, then I feel for you too. You’re not a Democrat for one; Obama’s platform mirrors hers and McCain’s doesn’t come close, so shame on you for being a sore loser when the party is trying to come together or is it that you have some very deep and hidden issues also.

If you prescribe to the lies coming from the Republicans and you know we need a person in the White House that’s for the people and labor for a change and not big money or big business, then you better get ready to lose you house, business, investments, and family next, because if you lose those things I can bet money that your family will break up because money is the number one hardship on a relationship and if you don’t believe me try living without money, house, car, job, health care, lights, gas and change in diet and see how much love will be waiting for you from your family.

The Democrats need the White House and control of the Senate now. The Republican’s have had their time and blew it (Look at the United States today in its entirety). Let me gives some examples that most of you don’t know. I said I didn’t want to but here I go.

McCain on issue after issue from raising the minimum wage, to un-fair trade treaties, to banning pay discrimination based on sex, to leveling the playing field between workers and bosses in organizing and bargaining, McCain has voted wrong. 184 times out of 219 he was in disagreement with these issues and zero on workers rights. So if you work look out if you have concerns in the work place. There is no doubt he’ll continue the policies of anti-workers set by he and Bush.
With trade, your job will be gone. McCain’s campaign sent out a release supporting the U.S/ Colombia Free Trade Agreement despite Colombia’s murderous record against unionists and union leaders. More than 2,500 were assassinated over the last two decades. (His watch)
When McCain was in Colombia and Mexico don’t forget he reiterated his support for FTA, NAFTA and CAFTA
As for workers rights, the only time McCain hasn’t voted against workers rights is when he wasn’t there.

Health Care, listen to this. McCain would dump the present provisions which let businesses deduct the costs of paying health insurance premiums for their workers as a business expense, so if the company continues to pay the premiums the payment would be counted as income to each worker and taxed. I could go on but why.

McCain wants to privatize Social Security and give it to the stock market. Have you watched the stock market the last few years? If the Republicans hadn’t borrowed from it, it would be find.

I didn’t leave out Obama, but when dealing with workers rights the Republicans filibustered successfully 86 times against him. Some of these bills were to deal with the right for workers to sue for unfair labor practices, pay and sexual discrimination.

He’s walked picket lines with workers as a presidential candidate.

Another Obama bill curbed but not totally halted the influence of lobbyist, limiting their gifts to lawmakers and aides while forcing more specific disclosure of whom they saw, when, why, and how much they spent.

He led the fight for overtime in Illinois when Bush was trying to take it away from people with high school diplomas or military training.

He pushed and chaired legislation establishing a statewide healthcare commission that gathered data from everyone they could to draft a statewide comprehensive universal health care plan which is still being reviewed and most likely to pass.

He wants to take the cap off Social Security. Doing this would let the big money people pay the same percentages as lower income people and would stabilize the program.

Obama has you and me in mind but he needs 60% in the house and senate to crush filibusters. Don’t be fooled people. This time we need the Democrats. We need Obama/Biden, (the nominees). Give them the 60% along with the Presidency and Vice Presidency and let them work for us up, instead of them down.

Gaidi