The Dow drops signaling what that Wall Street is dead?
The Dow closed 513 points down according to CBSNY "... signaling the market’s worst one-day drop in more than 2 years.”
Well what does this mean and what can we do to fix “it” as opposed to too many “the fix was in” from government contracts that were truly no-bids with big fat kick backs to the criminal bail out brokered by Hank Paulson and Tim Geithner who made sure no jail time or a request for a pay back of the bail out? How did that happen and it did right in front of all of our faces! I felt Bill Clinton demonizing an intern young enough to be his daughter that he preyed on was bad but Paulson and Geithner did what Russia, China, Japan and Germany at one time or another would have wanted to do and that is destroy our economy even more if that was possible than the crooks, morons with top degrees from the most prestigious universities.
How ironic we feared China and most every product you purchase in made in China not America and China owns a big part of our debt.
Well people are furious with their hospitals closing, no health insurance, no homes, no jobs so how about an emergency act to demand the banks we bailed out start by repaying loans and tough sanctions on Wall Street firms and banks that helped bring the USA down as they got multi-billion dollar Christmas Bonuses?
How about arrests on Wall Street and government officials from The White House to every State and City government job where we can prove their were no competitive bids but the fix was in with kick-backs from money to relatives, mistresses, boyfriends, friends hired. etc.
How about Tim Geithner fired Pres. Obama since you never EVER should have hired that tax cheat in the first place?
Isn’t interesting how we have thangs like CDOs and every contract is longer than a phone books and purposefully complicated so our eyes glaze over? How technology information sector makes sure not to make thangs simple because they want our eyes to glaze over so they can over bill us and ditto for government officials who want every kick back and perk possible and guess what -- from Wall Street to US Government City Government to tech sector to real estate sector to military arms the fix was in the deals done with no competition BUT THERE WAS ONE COMMON THREAD AND THAT IS GREED AND STUPIDITY!
Greed and stupidity have brought the USA down not Russia or the most evil forces WW2 served up, nope....just greed and stupidity and by some men and some women that think they are among our smartest Americans.
Look to the CityTime SAIC scandal here in NYC with no arrests of NYC gov. officals let alone SAIC and sub-contractors....look to ECTP 911 (you don’t know what I am talking about google my name and SAIC or ECTP) Tech System & HP and Northup Grumman -- no arrests and look to the lobbyists who did not care about the People of New York the tax payers be robbed and raped and that was the same for Wall St. not that Wall St. owed us but apparently they did more than we could imagine because we bailed out Wall St. again with no arrests and no required pay back so Wall St. does owe the tax payers bigger than the ever want to admit as they fly to the Hamptons on Water Planes and on helicopters.
One small example here in NYC with Mike Bloomberg has our mayor...what a disaster that turned out to be with Christine Quinn his puppet who sold the great lie Mike was going to help us with the economy while he and Quinn helped their greedy stupid pals who are donating big time to Quinn’s campaign.
I have news for you. Christine Quinn will not be mayor and Tim Geithner has to step down asap!
