NYC Culture Pop Politics: February 2012

Wednesday, February 29, 2012

Mayor Bloomberg Quinn FBI US Att Blind But Not For Liu + No To 14M$ Rayt...

http://www.youtube.com/watch?v=By-Mj8OETEQ

US Attorney
FBI
Manhattan DA
Blind eye-itis Bloomberg Quinn

+ Defense contractor Raytheon 14 Million must be stopped.
500 M for FDNY wireless enough!!! Too much

Is Liu ran lame duck?

Bloomberg Quinn must resign before Liu. Lui stopped CityTime and ECTP theft.

Bill Thompson failed us CityTime and NY Pensions.

Bill DeBlasio zero response to me re DOB and slum developer illegalities

ps Any names we know sold off SAIC stock?

Also look to MTA SAIC deal now SAIC Lucent. Look!
Sent from my iPhone

Mayor Bloomberg Quinn FBI US Att Blind But Not For Liu + No To 14M$ Rayt...

http://www.youtube.com/watch?v=By-Mj8OETEQ

US Attorney
FBI
Manhattan DA
Blind eye-itis Bloomberg Quinn

+ Defense contractor Raytheon 14 Million must be stopped.
500 M for FDNY wireless enough!!! Too much

Is Liu ran lame duck?

Bloomberg Quinn must resign before Liu. Lui stopped CityTime and ECTP theft.

Bill Thompson failed us CityTime and NY Pensions.

Bill DeBlasio zero response to me re DOB and slum developer illegalities

ps Any names we know sold off SAIC stock?

Also look to MTA SAIC deal now SAIC Lucent. Look!
Sent from my iPhone

Ready New York Preparing for Emergency NY but no mention Full Service Trauma Level 1 Hospital W. Village

Suzannah Troy sent this email:

I just received a copy of “Ready New York” Preparing for Emergencies in New York.

Interesting that there is no reference as to predetermining which hospital a family should meet at, in fact they don’t even discuss Hospitals...

In the section “Know the New York City Hazards” they include the following categories

Winter Weather

Severe Weather

Costal Storm’s and Hurricanes

Extreme Heat

Utilities Disruptions

Building Collapses and Explosions

Earthquakes

Fire

Carbon monoxide

Hazardous Materials, Chemical Spills & radiation Exposure

Disease Outbreaks & Biological Events

Terrorism

All of these disasters will require large scale medical services which won’t be available without a proper hospital.

Ready New York also has a pamphlet on Pandemic Flu

I don’t have time to quote it but they do say the hospitals and medical services will be taxed and it could last for months.

I ordered several copies for distribution if anyone wants to come and pick some up let me know.

Tuesday, February 28, 2012

The NY Times Censorship of Suzannah B. Troy on Behalf of Christine Quinn -- John Liu Treatment vs. Christine Quinn Immunity

Below is the comment I posted and the time of the post is 6:40PM. One we believe the NYTimes censors us and or time delays as much as a day or two to protect Quinn. I am part of a group of bloggers that also is convinced the NYT brought in an out of town lesbian new reporter that is not qualified for NY Politics reporting but was brought in because of her sexual orientation with the goal to push through Christine Quinn but the real reason is to protect The NY Times's financial investments they way the owner of the paper hoped that Mike Bloomberg and Team Bloomberg would do so. The NYT keeps getting the worst karma punishment possible but hasn't inspired them to act honorably.

http://www.nytimes.com/2012/02/29/nyregion/lius-campaign-treasurer-arrested-on-fraud-charges.html#commentsContainer

I will post on my blog and ask if this will be censored by The NYT on behalf of Quinn. Christine Quinn Ms. Slush and Intimidation is protected so no FBI probes and the Manhattan DA and US Attorney has given her unofficial immunity. Mike Bloomberg broke campaign laws and committed perjury during the Haggerty trial. Both Bloomberg and Quinn abused tax payer money aka slush to pushed through an illegal third term. George Washington would have tried them for treason. Let the FBI investigate Quinn using NYC gov time and slush plus lulus to attempt to win the job of mayor as well as back room deals including with Bloomberg. The FBI won't just like no one was interested in the SEC shredding documents and handing their resumes to Maddoff. For more on billionaire oligarchs motivates to kill John Liu off politically

http://suzannahbtroy.blogspot.com/2012/02/christine-quinn-protected-but-john-liu.html

Now dear Blog Readers: Here is a p.s. that I did not attempt to post!

The New York Times in my opinion is protecting Quinn and also censoring critics so here goes.

Note: We do not have one political leader running for mayor from NYC gov that is honest. Not one.

Very sad and upsetting. Christine Quinn is a big crook, bigger than John Liu and Liu shut down CityTime corruption and CityTime 2 robbery aka ECTP 911 Tech System. as much as possible although I still believe the tax payers are being robbed massively over billed and the work not monitored so they are robbing us still across the boards as the newest report re: FDNY wireless by Defense Contractor Raytheon who wants 15 million more on top of the 500 million we gave them.

Bloomberg Tech FDNY Raytheon SAIC, Christine Quinn Protected John Liu Dead Man

http://youtu.be/obmmvzLHx1A

http://suzannahbtroy.blogspot.com/2012/02/christine-quinn-protected-but-john-liu.html

http://suzannahbtroy.blogspot.com/2012/02/bloomberg-tech-scandal-fdny-wireless.html

http://suzannahbtroy.blogspot.com/2012/02/nyc-gov-crime-over-drive-tech-sector.html

posted a lot more all today including SAIC CityTime top officials insider trading?

Sunday, February 26, 2012

CityTime Look 1 example SAIC Shareholders Suing SAIC CityTime!!!

CITY OF WESTLAND POLICE AND FIRE : RETIREMENT SYSTEM, On Behalf of Itself : and All Others Similarly Situated ---- (from law suit - they are shareholders SAIC).

http://youtu.be/m2nfiN2M2sU

http://www.rgrdlaw.com/media/cases/133_Complaint.pdf

What is unusual is Denault's bosses are listed -- and NYC gov and the US Attorney have yet to hold Denault's bosses accountable!!! Why?

NYC gov officials have yet to be held accountable so they don't want to after SAIC officials as if they are mutually all trying to cover their asses and Denault was suppose to be the fall guy?

Did SAIC issue false information to shareholders? High level officers page 26 profited from SAIC? Deb Alderson she just got canned is listed as one example.

I want a billion x 3 for People of NYC.

Folks: Beyond exhausted.

Friday, February 24, 2012

Christine Quinn NYU Protest Donny Moss Louis Flores Report From Front Line

Here are the photos from Donny Moss and also Louis Flores post both LGBT activists against Christine Quinn! http://www.facebook.com/media/set/?set=a.10150567946842327.385962.538902326&type=3

Thanks for participating in the protest last night. Louis Flores posted a great blog about it, which I posted to my Facebook wall. If you want to spread the word about the protest, then please feel free to link to it from one of our walls or paste this link directly onto yours or link to the photos on my wall:

http://christine-quinn-sold-out.blogspot.com/2012/02/prostest-against-nyu-expansion.html

Here is the text that I used on my wall to describe the event:As hundreds of people stood in line to enter a community board meeting in the Village last night, 15 volunteers working on the campaign against Christine Quinn had the opportunity to engage with civic-minded NYers. For better or worse, we were preaching to the converted. Average NYers who pay attention to city politics told us that they share our views and encouraged us to keep up the fight. In a matter of minutes, we distributed hundreds of handouts, with people asking us if they could have extras to give to their friends.

Thursday, February 23, 2012

Suzannah B. Troy as Christine Quinn with NYPD! Protest Christine Quinn John Sexton NYU Rudin!!!!

Great photo by activist Louis Flores and he made the photo and text I blew up and laminated of Christine Quinn sucking face with Bill Rudin who gave her enormous kick backs aka campaign donations to smooth they way for no trauma level 1 full service hospital in the West Village but Rudin Luxury Condos and the vile Amanda the People's Burden -- worst commissioner of City Planning ever pushed the the deal refusing to give St. Vincent's zoning protect for a hospital.

I am wiped out -- very little sleep and for some reason I got very, very very excited and passionate.

Thanks to Louis for the photo and what a great turn out. I hugged and kiss people that told me I said what they wanted to say.

It does not not get better than that!!!!!

Tuesday, February 21, 2012

Mayor Mike Bloomberg CityTime SAIC CEO Out before Pre-trial Mar 15

http://youtu.be/NzFZ6wW6FXE

http://suzannahbtroy.blogspot.com/2012/02/citytime-saic-more-fall-out-re-reported.html

Did I mention recently I WANT ONE BILLION DOLLARS x 3 for the People of NYC CityTime scandal from SAIC and that is the tip of the iceberg NYC gov Bloomberg tech-Titanic corruption -- give us our money back plus damages starting with ECTP the 911 tech system, NYCWiNS, NYCAPS, etc.

http://suzannahbtroy.blogspot.com/2012/02/citytime-1-example-please-underestimate.html

http://suzannahbtroy.blogspot.com/

http://mayorbloombergkingofnewyork.blogspot.com/

CityTime Scandal SAIC Pushes Out CEO early before CityTime Pre-Trial!

SAIC, a leading security provider for the U.S. government, announced today that its CEO, Walt Havenstein, will retire from his post June 15th of next year. Until then, Havenstein plans on engaging in the process of finding his replacement, internally as well as externally.

http://www.washingtonexec.com/2011/10/walt-havenstein-will-retire-next-year-from-saic/

http://www.prnewswire.com/news-releases/saic-announces-ceo-succession-139806803.html

I could swear this is 3 months earlier than originally announced

Haverstein announced retirement for June? now March 1, very convenient.

March 21st at least The Wall Street Journal will be forced to report CityTime fall-out reported at SAIC quarterly report meeting....http://suzannahbtroy.blogspot.com/2012/02/mayor-bloomberg-saic-8pm-earnings.html

Monday, February 20, 2012

Suzannah Troy Sezs SAIC Give Us 1 Billion $ x 3 for the People of NYC!

I WANT A BILLION DOLLARS X 3 RICO FOR THE PEOPLE OF NEW YORK AND I DON'T WANT THE MONEY PISSED AWAY THIS TIME! THERE SHOULD BE NOT HOMELESS PEPOLE, SCHOOLS CLOSED, ETC I WANT OUR MONEY BACK AND PEOPLE HELD ACCOUNTABLE FOR THE LARGEST ABUSES EVER IN NYC GOV HISTORY AND MOSTLY ALL TECH CONTRACTS!!!!!!! WAKE-UP NEW YORKERS!!!!!!!!

http://suzannahbtroy.blogspot.com/2012/02/christine-quinn-dirt-bag-whos-side-r.html

Friday, February 17, 2012

Coen Brothers Bob Dylan's Muse Film East Village?

Sub-zero trickle down -- an economic term I made up to apply to just this kind of situation as well as the Bloomberg's corrupt administration most especially the largest White Collar Crimes ever NYC gov mostly all tech contracts where they over ran the budget from a couple of hundred millions to close to a billion and some were caught red handing stealing thank goodness.

The Coen's are definitely hurting my friends biz. I went in and bought something dancing between bullets shot from their staffs mouths as if my walking over to a small biz inferred --

My Mom skipped a grade and that cool public arts school NYC and went to City College and from there got a full scholarship in Economics graduate level and the Coen brother's Dad was her prof. He gave her a camera to bring back to NYC to give I think to the Coen's grand dad.

Anyway the pretty old cars are out there but it is more than annoying and sub-zero trickle down.

I suggested to a production assistant he compensate my friend for making it very inconvenient to go and shop.

Wednesday, February 15, 2012

Mayor Bloomberg CityTime, Valentine's Massacre Gerard Denault Wins SAIC Loses?

http://suzannahbtroy.blogspot.com/2012/02/saic-re-citytime-gets-can-of-asswhoop.html

Just a reminder, Christine Quinn brushed a side 2 investigations and discouraged a third brought by Tish James. Quinn went on NY1 and lied stating she was on top of CityTime! NY1 only does informercials so just like with Rose Gill Hearn's informercial no tough questions. The head of Dept. of Investigation said CityTime works! In my opinion another lie. CityTime will be tossed in the garbage just like Rudy's Maximus.

This goes back to Rudy and surprise all his deputy mayors and pension lawyers lobbyists! Sweet!

Friday, February 10, 2012

Suzannah Troy Holding Christine Quinn Bill Rudin Kiss of Death Lux Hospital Condo Deal!

The press continues to protect this real estate deal because their bosses want their own real estate deals protected. Today around the corner from St. Vinncent's I witnessed a man experiencing a stroke and who knows if he made it to Beth Israel alive. How many people have died since St. V's has closed.

http://suzannahbtroy.blogspot.com/2012/01/cathie-black-golden-parachute-and.html

Learn something about NYTime and their real estate woes as well.....

Why am I dressed this way? Because I get a lot more people to tune in and I can only hope and pray they wake-up.

Amanda the People's Burden the most evil worst commissioner of City Planning refused as usual to give us protective zoning -- zoning only for a hospital because every since Bloomberg put this socialite mega-millionaire in power she rules always in favor of greed and stupidity.

Christine Quinn and Bill Rudin Kiss of Death West Village no full service Trauma Level 1 hospital so Quinn can collect a fortune in kick backs from the Rudin family and friends along with who knows what else but she is worse than Bloomberg because she is even more foolish and unintelligent.

Vote her out of office and guess what? She will have to start to pay her own expensive legal bills but maybe her pay to play lobbyist gal pal will bail her out. She has made a fortune and even saves a little bit of money have Christine Quinn drive her in a NYC gov SUV. You welcome.

Valentine's Day No horse Drawn carriages Join Protest

PLEASE FORWARD.

HAVE A HEART FOR THE HORSES

Please join the Coalition to Ban Horse-Drawn Carriages to protest the inhumane and unsafe horse-drawn carriage trade.

When: Tuesday, February 14th - Valentine's Day - 6pm to 8pm
Where: north/west corner of Central Park South and Fifth Avenue

Posters and flyers provided. Dress warmly.

Please help us stand up for the horses - come out for one hour or two. Let everyone know that...

There is no romance in cruelty!

Thursday, February 9, 2012

EMI Guilty Artistic Political Censorship Christine Quinn Puppet on A String YouTube

Christine Quinn's Puppet Show and Political Farce by connaissable
Did Mike Bloomberg pull some strings for his puppet Christine Quinn?

NYC Coll with Rollers in Her Hair

Wednesday, February 8, 2012

Mike Bloomberg Philanthropy Bragadicio vs Billions in Tax Payer Waste Theft Fraud CityTime, ECTP, NYCAPS, NYCWins, etc.

http://youtu.be/_OpCptiIX9c

Billions in Tax Payer Waste Theft Fraud CityTime, ECTP, NYCAPS, NYCWins, Seedco, NICE, 311 etc. etc etc.

Hey Mike trying running your private empire this way!

You wouldn't have much money for charitable giving!

_____________________________________________________

Vote for Christine Quinn if you want Mike Bloomberg for a 4th term from the Golf Course.

My favorite part of this YouTube is the bellow!

http://youtu.be/NNNgQX9whKg

Tuesday, February 7, 2012

Mayor Mike Bloomberg Corruption FLU, LGBT, Cuomo like Mike?

Giants Joy wonderful to see!!!!

Have Bloomberg Corruption flu bad!

New Tube: Mayor Mike Bloomberg Corruption FLU, LGBT, Cuomo like Mike?
http://www.youtube.com/watch?v=BZgTqFycbvQ

Well I always said if I could do what Demi Moore does I would go topless or even naked to get my protest message out.

Wow do we women that are less perfect now have proof it is so not worth it - not that we needed any.

The press is giving Cuomo a lot of the same treatment that have given Bloomberg and his mini-me Christine Quinn and you know I believe Bloomberg and Quinn should serve a term in jail term limits, slush abuse and their role enabling CityTime crime short list!

See u Valentine's Day St. Vincent's with a special KISSY protest poster!

Monday, February 6, 2012

Twitter Account Subpoena OWS prankster Brooklyn Bridge Arrest

http://cityroom.blogs.nytimes.com/2012/02/06/protesters-lawyer-challenges-twitter-subpoena/

Mayor Bloomberg You Make Me Want to EAT FAT!!!!!!!!!!!!!!!

Mayor Bloomberg is going to ruin your crappy dangerously over crowded subway ride grossing you out with gruesome fat ads or his wacko stop smoking signs.

The MTA advertising agency refused to quote me a price for my ad which is discrimantion!

My ad: "When Mike Bloomberg says progress he means get your moving van!"

http://www.nytimes.com/2012/02/06/nyregion/some-say-new-york-city-health-ads-should-inspire-not-scare.html?_r=1

Mike is using city tax dollars to advertise that he is a mensch! I hope he isn't using tax dollars and he should refund the city for the fat ads.

Mike a mensch! Another big fat lie!

Mike you are a Meshugana and a goniff! What a vain narcissist!

Mike you are control freak, crook, responsible for the largest White Collar crimes ever in NYC gov. history.

If I was in top shape I would stand topless outside city hall with the names of every government contract and mostly all tech that you allowed to massively over bill in the mega-millions -- not just one but all of them! I would stand there until I could get all 8 million plus New Yorkers to wake-up and demand your resignation!

I want drug sniffing dogs at City Hall! Drug test our mayor because he is high on something or he has dementia but most definitely delusions of grandeur! You are not a mensch!!!!!!!

http://youtu.be/OjOVy1Ti5Jg

ps Are NYC condoms made in sweat shops in Malaysia?

Sunday, February 5, 2012

Boss Christine Quinn and Emily Giske Consigliere

http://truenewsfromchangenyc.blogspot.com/2012/02/true-news-updated-247-all-weekend.html

scroll down True New to find latest dirt on Quinn....

NYT Reader Shane Ustice whose comment was recorded under the NYT story Quinn’s Friendship With Lobbyist May Pose Test in Mayor Bid

said: "Boss Quinn and her office would direct non-profits to Ms . Giske's office for representation in funding applications from the City and the State. Many but not all of these directed clients were non-profits for the Gay etc Community. Giske became for a fee the go to lobbyist for these non-profits seeking funding from the City." NYT Reader John M. said: "Many of us in the lgbt community know that both Quinn and Giske are part of a political machine horror show." NYT Reader Tony Glover said: "The issue is that a very powerful lobbyist, with clients who depend on the city for major funding, is helping Ms. Quinn to become mayor." Another reader pointed out how Quinn makes alliances with other machines by providing them jobs in return for political support. She hired a disbarred lawyer from kruger's Thomas Jefferson Club in Brooklyn and hired dozens from Crowley's Queens machine.

http://suzannahbtroy.blogspot.com/2012/02/ny-times-censors-protects-christine.html

2012 NYT Reporter on the Quinn Giske Relationship:

You Gotta Have Friends

In 1993 the NYT Called What Quinn and Her Lobbyist Friend Have Built A New-Age Political Machine. Their reporters this week called their relationship a friendship, but their readers through their comments called it what the NYT did almost 20 years ago, a political machine. What the NYT has failed to write about is how these social service machines work with the county machines to control politics in NYC. Over 20 elected official have already been convicted using member items to help them get reelected or line their pockets. Speaker Silver spent over $700,000 in 2010 to protect his vote in the Chinatown Section of his district.

In 2012 NYT's Readers Called Their Relationship A Machine

NYT Reader Shane Ustice whose comment was recorded under the NYT story Quinn’s Friendship With Lobbyist May Pose Test in Mayor Bid

In 2012 the NYT Said Described A New Aged Political Machine But Failed to Call It That, In An Attempt To Clean Up Their Obvious Choice to Be the Next Mayor

The NYT said Quinn and other council members have directed hundreds of thousands of dollars to nonprofit organizations that Giske's Bolton-St. Johns represents. But they did not do what they did with John Liu and identify how many contributions Quinn campaign received from those nonprofits. We do know that Quinn has gotten tens if not hundreds of thousands of dollars from the developers who benefited from the Highline which Quinn funded and Giske lobbied for. Or the contributions Quinn received from other Giske clients.

The NYT Readers Comments Jumped the Shark For the NYT Quinn Giske Containment Project . . . Reader Not the NYT Points Out Giske is A High Level Democrats Operative

NYT Reader Shane Ustice said: "What the article does not say is that Giske also, despite being a full time lobbyist was VP of the State Democratic Party. Giske could go into a party caucus wearing her state party official hat and behind the door power-broke for her clients." Other readers pointed how how Quinn handles patronage. when she takes over she fires all that she can and hires those loyal to herself and her friends. Another readers wrote about the called lobbyist Giske Quinn's "consigliere.: The reader continued "While their sexual orientation and gender has little to do with their quest for power and Quinn's evolution into Boss Quinn , these two women certainly prove sisterhood is powerful in their quest to turf like men in the political arena . Talk about “Iron Ladies” indeed."

FYI: Go back to the original article on Christine Quinn and Giske and look at the comments. They are the real news. The Times either censors by preventing readers from posting or hoping you all won't read them by waiting 28 hours to post.

David Seifman on Emperor Bloomberg Ruling NYC Gov For EVER!

http://www.nypost.com/p/news/local/mwahaha_ready_to_rule_as_citizen_bbEbrhojXJ5mJUnD9BMlNN

Hey David you left out Rupert Murdoch who's got a string or two attached to Mike Bloomberg which is why Murdoch praises him nd Murdoch wants mega-millions from tax payers for tech biz deals he is trying to push through with Mike and Joel Klein's help.

http://mayorbloombergkingofnewyork.blogspot.com/2012/02/mayor-mike-bloomberg-multi-watergates.html

David! Mike has multi-Watergates and may be in front of another may I say in my opinion corrupt judge who lets him walk like Paterson did? I listed many reasons from CityTime, ECTP, NYCAPS, NYCWins, I forget to mention 311 Accenture, many corrupt board of ed tech deals, NICE as in hint the largest white collar crimes ever in NYC gov.

Mike committed perjury during the Haggerty trial a sitting mayor and Cy Vance was forced to give him and his money mules immunity. If Dennis Vacco had called Steve Rattner to the witness stand Steve could not have pleaded the 5th but he would have done what Mike, Pat Harris, Allison Jaffin, Fiona Reid did which is all plead "amnesia".

David, I know something you don't. I can tell from my blog Mayor Bloomberg King of New York there are people very, very interested in the names I posted like Allison Jaffin and Bloomberg's relationship and even more interested in tech corruption deals that amount to the largest white collar crimes ever.

I have searches for Bloomberg and Fiona Reid.

Stay tuned....there may be some surprises and by the way...I filmed a radical gay group demanding equal rights last night at the Waldorf Astoria Goldman Sachs HRC 650 dollar pat your self on the back dinner and for some reason some gay men were chanting something about Mike time to come out. http://www.youtube.com/watch?v=ApG4ec7po6M&sns=em

Could Mike be a bit like Karl Kruger lecturing us on integrity as he voted for marriage equality but had a track record of betrayals, lies and was a thief stealing from hospitals that may now close?

http://youtu.be/yaTzHHJNLD0 Me dressed as Bloomberg in drag resigning breaks 1,000 hits 2012 nixon like resignation! I also apologize to women for ogling breasts at City Hall and using the T word.

ps Let's ask Howard Rubenstein Bloomberg, Rudin, Murdoch, owners of NYT and NYDN pal, everybody's pal for a comment on David's article!

Saturday, February 4, 2012

Counterfeit Value Derivatives: Follow the Bouncing Ball by Zeus Yiamouyiannis

Counterfeit Value Derivatives: Follow the Bouncing Ball
by Zeus Yiamouyiannis, copyright 2012

Here is how the counterfeit value derivative con works. It’s a game of “I pretend, you pretend, we all pretend, and the taxpayer will pay in the end”. 1) I’ll create an instrument, say a credit default swap (CDS), an unregulated insurance with no capital requirements, with a certain “notional” value.

Notional value is just something I assign. It does not have to be attached to or backed by any real asset or actual money/principal, but I can pretend as if it is. (Notional amount.)

2) As a seller, I will just declare that this swap covers the full value X of this company, contract, etc. if credit event Y happens. I receive lucrative insurance premiums and fees for my unbacked promise. The CDS’s value is based in nothing more than my promise to pay. I don’t have to have adequate capital reserves on hand, but I can pretend as if I do perhaps with some mini-reserves based on objective-seeming risk ratios calculated by my mathematical models. (credit default swap.)

3) As a buyer, you can then buy as many of these CDS’s as you want, even for a single default. If you are really sure something is going to tank you can insure it 30 times over (or a 100 or 1,000) and get 30 (or 100 or 1,000) times the return when it goes bust! In regulated insurance it is unacceptable to insure beyond the full replacement value of the underlying asset. Not so with CDS’s. The seller has gotten 30x the premiums and the buyer gets 30x value in the event of default. As a buyer of this phony “insurance” you don’t have a stake in the affected properties, but you can essentially pretend you do.

4) As buyer and seller of CDS’s either one of us can assign our risks to a third party through another contract, and pretend as if we are covered in case our own game playing blows up in our faces. This allows us to retain even less reserve capital and spend freed-up funds on more high-risk, high-(pseudo) return speculation. (The monster that ate Wall Street.)

5) We can purchase and sell of these derivative contracts to each other at unlimited rates to generate massive volume and huge fees and profits. We can simply hyper-cycle risk and take our chunk each time. According to the Bank of International Settlements, as of June 2011 total over-the-counter derivatives contracts have an outstanding notional value of 707.57 trillion dollars, (32.4 trillion dollars in CDS’s alone). Where does this kind of money come from, and what does it refer to? We don’t really know, because over-the-counter derivatives are not transparent or regulated. With regulated economic markets, when an underlying real asset is impaired (i.e. the company in question is bankrupt, the mortgage has defaulted, etc.), market value is assessed, default insurance is paid up to replacement or full value, bond holders and stock holders make claims on remaining value and the account is closed. There is no need for bailouts because order and proportion of compensation has been established and everything is attached to the value of the underlying asset.

When the unreal, counterfeit economy intrudes, you now have a situation where a person can put in an unregulated, but recognized, claim to be paid a thousand times over in case of impairment. Say market participants have negotiated for a bankrupt company a 70% payback for bondholders and (36% payback for insurance claims), and I come with not one but rather 1,000 CDS claims demanding to be paid for each CDS.
Where does that money come from? Well if it were regulated insurance, I would have to be invested in the company in some way, my bond or stock payout would be limited by the actual asset value of the company, and my insurance payout would be limited as well. However, since I am unregulated and unrestrained, the money due me has to come from the CDS seller and my contractual agreements with that company (say AIG).

AIG could easily have sold 1,000 different unregulated insurance policies to the same person or a million CDS’s to a hedge fund, and when AIG could not pay up, it was threatened with insolvency, under which both its regulated and unregulated insurance policies and investments would become impaired. In fact there is abundant evidence that hedge funds (i.e. Magnetar) did in fact multi-insure certain portfolios while simultaneously pressuring the portfolio managers to select risky investments to ensure that the portfolios would crash. This is the opposite of a traditional “stake,” and this is the disease that modern derivatives bring—profit from intentional market destruction.

This chaotic state of affairs and its cascading implications for other interlinked parties and counterparties (read “too big to fail banks”), essentially resulted in economic extortion to force a huge public bailout of the whole crooked mess (totaling somewhere in the neighborhood of 10 – 14 trillion dollars in giveaways, loans and guarantees starting in 2008 in the U.S. alone.) Instead of agreeing to the extortion temporarily to prevent collapse and then aggressively pursuing orderly investigation, prosecution, and receivership, regulators and world leaders have simply covered up the events and even rewarded the perpetrators.

No wonder the market goes up dramatically when there is talk about another quantitative easing (Fed bailout) or emergency rescue (government/taxpayer bailout). These financial game players already know that an open public spigot is on its way, pouring real capital directly into their pockets. In regulatory actions and legal courts, unregulated insurance claims should simply be declared null and void when applied to real assets and real compensation. “You have no stake, therefore you have no claim. Your agreement was with a third party that did not have adequate capital to pay for a contract with you.

Take them to court.” Or “You have an imaginary claim for imaginary damage. Here’s your imaginary money. Your deal was private and unregulated, then it should be settled in private between companies without public intervention or support.” Did that happen? No, because AIG had collapsed its unregulated private and regulated public functions and Congress had allowed it to do so with the repeal of the Glass-Steagall Act. Because the wall came down between regulated and unregulated activity, transparent and “shadow” markets, traditional and investment banking, this private fiat virus broke quarantine and the resulting contagion cannot be put back in the lab. Because world leaders and their regulators blinked and did nothing, counterfeit private fiat (backed by nothing) has metastasized and infiltrated “genuine” public fiat (backed by country’s productivity if not by gold), and more and more actual money and productivity in the form of austerity is being thrown at a gargantuan and unrecoverable sea of counterfeit obligation.

How can you exceed 700 trillion dollars in unregulated derivatives alone? This is easy when market players are buying and selling from each other and when people can buy an infinite number of claims, insurances, and guarantees on credit events rather than assets. When banks are allowed to mark-to-model and then claim somehow that their back-and-forth trading and abstract multiplication of asset value is real, then all bets are off (or “on” depending upon which side of the fence you’re sitting).

Is it any wonder that the market for derivatives has grown another 100 trillion over the last two years? “We’ll concoct value and you’ll pay us real money for it? Of course we are going to keep doing it! Why not another 100 trillion!” This probably is not going to stop until there is massive world-wide outcry and political change, a “black swan event,” or both. Let’s hope the first gains steam along with some long-overdue accountability for fraudsters before these nefarious banks destroy the body politic with their hubris and greed.

NYPD Chief Over-rided LGBT Det. Agreement OWS LGBT NYPD Goldman Sach Waldorf

Posting NYPD chat -- apparently a new Chief in town...

YouTube NYPD over-rided the LGBT's liason's original agreement to allow the protest in front of the Waldorf as long as protestors kept moving....stupid rich people rule the NYPD so the 1st amendment rights of protestors went out the door.

An App to Follow Christine Quinn's Use of Tax Payer $

http://online.wsj.com/article/SB10001424052970203889904577201490747238290.html

3 articles WSJ all related .... City Council, Bloomberg, Quinn -- tried to post this comment to wake New Yorkers up! We know we have been failed but we have to wake-up and effect positive changes.

Vote Christine Quinn out of office!

http://online.wsj.com/article/APa2ca4bd7929b468eaf4bcc629b8a64fe.html

http://blogs.wsj.com/metropolis/2012/02/03/city-council-tackles-foreclosure-fallout/?mod=google_news_blog

Wake-up New Yorkers! The media including The Wall Street Journal are hushing up the largest White Collar crimes EVER, abuse of tax payer money at City Hall and all under Mike Bloomberg's watch. http://youtu.be/GTSPGwmbcOM In this tube I tell you about the massive corruption including CityTime, ECTP, Seedco, NYCWiNs, NYCAPS and countless board of ed deals and I get in to the NY Pensions being mishandled for over a decade. http://youtu.be/jFlGUMcUqfY This is me parodying Christine Quinn, another faker and poser. I am so worried because we cannot have her as mayor but those from NYC gov running against her are almost as bad as her.

Mike and his mini-me sold the lie we needed Mike for a third term. Well Mike is up to his eyeballs in corruption and it is his fault. He was not the great business man and tech whiz but rewarded a revolving door of corruption and name one politician at City Hall that fought for us to keep hospitals open like St. Vincent's which is in Quinn's district. I have called and even sent Bill De Blasio a registered letter re: DOB corruption and a slum lord developer and got zero response. Bill Thompson and Christine Quinn both allowed CityTime to flourish and Thompson allowed the pensions to be abused. Scott Stringer is the tax payer's black hole and a narcissist who has security at his office like his Fort Knox and he like Quinn sold us out to Rudin instead of fighting for a hospital.

We have to much theft and corruption from Albany to NYC Gov and city council members that develop Marie Antoinette complexes and won't even take a subway. Imagine how much money we would save if we cut corruption and arrogant empty headed politicos that accepted lulus from Christine Quinn -- getting their "bonuses" the very same day that Goldman Sach got theirs!

We the tax payers are paying huge sums of money for Christine Quinn and her staff's legal bills including for Sullivan and Cromwell, the same firm Goldman Sach's uses. How did Bloomberg allow her to approve S&W and why does her staff need a top firm specializing in White Collar Crimes?

We need all spending on NYC gov website with an app -- one app just for Christine Quinn's legal bill and expenses. Could you imagine if we could follow our city council members spending up to the minute on an app on our iphones? Ditto for Albany and The White House!

http://mayorbloombergkingofnewyork.blogspot.com/2012/02/mayor-bloomberg-like-alan-greenspan.html

Thursday, February 2, 2012

Anybody but Christine Quinn for Mayor!

http://www.nytimes.com/2012/02/02/nyregion/for-speaker-quinn-mayor-race-will-test-alliance-with-lobbyist.html?_r=1&pagewanted=2
SR
New York

My preference for mayor

is anybody but Quinn.

She is an egregious liar

who supported a third term

for herself, the council,

and the mayor.

She should be barred from

doing any business with the city.

Perhaps Al Sharpton will give her a job!

Christine Quinn Unemployment Queen Puts Pedicab Operators out of Work

http://truenewsfromchangenyc.blogspot.com/2012/02/true-news-update-247-analysis-not.html

Running For Mayor After Your Friend Cashed In On You Being Speaker

An Inept Attempt By the NYT To Clean Up Issues That Will Be Used By Her Mayor Opponents

Will Lobbyist Emily Giske Will Become NYC's Jack Abramoff?

Quinn Friendship May Pose Test in Mayoral Bid(NYT) Quinn, the City Council speaker, is close friends with Emily Giske, a lobbyist, and the relationship will be tested ahead of the 2013 mayoral contest. * Lobbying City Hall is a significant business for Ms. Giske’s firm, Bolton-St. Johns. In recent years, the company has reported earnings of $2 million to $3 million annually while lobbying the city government, billing its clients nearly $15 million in the six years since Ms. Quinn was elected speaker. Quinn blocked paid sick day measure supported by Council members, benefiting fast-food joints repped by Giske firm

NYT Did Not Get Into How Much Money Giske Clients Contributed to Quinn's Campaigns

The Highline on of Giske's many clients has given Quinn Big Bucks Christine Quinn gives your cash to West Side project - and gets campaign money (NYDN) Quinn Funded the High Line Through the Slush Fund and Got Campaign Contributions From Developers Whose Property Values Shot Up By the Building of the Trendy Park

Quinn Pay to Play Friend Giske and the Taxi Industry Nets Her Campaign $$$ To Limit Pedicabs

Quinn Wielding Her Clout in Contest Over Pedicabs - The New York Su * In 2006, the taxi committee, which represents taxi medallion owners, paid Bolton-St. Johns $98,000 to lobby the council on a variety of issues, including the pedicab bill to limit the number of pedicabs on city streets. In 2011 Quinn got over $30,000 from the taxi industry

Ms. Quinn and other council members have directed hundreds of thousands of dollars to nonprofit organizations that Bolton-St. Johns represents, including most recently Care for the Homeless; the Lesbian, Gay, Bisexual and Transgender Community Center; and the Women’s Housing and Economic Development Corporation. Kingsbrook Jewish Medical Center, also represented by Ms. Giske, has received capital financing from the Council in the last two budgets. *Quinn’s Friendship With Lobbyist May Pose Test in Mayor Bid (NYT)

Much More to the Quinn Keogh Slush Fund Story Will Come Out During the Mayoral Campaign

Ms. Quinn criticized two of her staff members for continuing the practice of holding money in reserve accounts after she had ordered it stopped. After they left her employ, one of them, Michael Keogh, took a job at Bolton-St. Johns. Ms. Quinn was surprised by Mr. Keogh’s move and unhappy about it. Ms. Giske was upset over news accounts suggesting that the lobbying firm had given Mr. Keogh a soft landing, according to Mr. Adler. In 2009 right after he was pushed out of the speakers office because of the slush fund investigation Keogh was listed as top lobbyists for Boltonn St. Johns for the Highline.

NYT Quinn Term Limits Clean Up is Beyond Belief

Memo to the NYT: Lobbyist Don't Gauge Support, They Work to Secure Votes

Ms. Giske played a role behind the scenes, gauging support among council members.

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