Showing posts with label one percent. Show all posts
Showing posts with label one percent. Show all posts

Tuesday, June 19, 2012

Republican Sick of "Sob Stories" about the Poor

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I see a reporter here. I just pray that you start writing about these issues. I just pray. Stop always writing about, 'Oh, the person couldn't get, you know, their food stamps or this or that.' You know, I saw something the other day -- it's like, another sob story, and I'm like, 'But what about what's happening to the country and the country as a whole?' That's going to devastate everybody.
~ Eric Hovde, who is running for the Senate in Wisconsin Primary on August 14th

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"I don't care if they like me in the Senate"





What is the Prayer that Eric Hovde Prays to end these "sob stories"?...
Dear Jesus, I know all of that talk about the poor in the New Testament was all just parables and code words. I know that the richest people on earth are the one who you love the most. Please make those annoying reporters stop wasting time on stories about the poor in this country. They live in America where a guy who lives in Washington DC can run for Senate in Wisconsin, so if i can overcome those odds, than those poor lazy people can go eat at McDonalds and stop bothering me.
~ Chris Liebenthal on Cognitive Dissonance

He should be a poster child for Man's inhumanity to Man.
~ comment by John Garvin on ThinkProgress

Instead, he wants more stories about struggling billionaires trying to hide their money off-shore, (oh, the horror!)
~ comment by Mary Aseltyne

So there you have it, this Republican only represents the rich . Its there in his own words. The 99% should vote against him, lets see if he can get elected with just 1% of the vote
~ comment by Blue Koi on Huff Post

Let them eat cake.
~ comment by NHBill

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I'll be glad when the 1% stop whining about being picked on. They all sound like Cartman on South Park.
comment by AntiRepublifacist

well aint he a beaut....
~ comment by moose and squirrel

Because corporations are people, and money is speech, and people are fodder. Is this the GOP Stepford Party or is there something in the water? Lockstep toward the edge of the cliff..you first Mr. Hovde
~ comment by HolyCowBatman

Sorry but this guy is Damien from that Omen movie...
~ comment by DonMadrid1500

Perhaps this spectacular idiot might to remembering the phrase " government by the people for the people" . He seems to think that "government by business for business at the expense of the people" is a smart thing but anyone with even a half a brain cell, an ounce of morality and a mere soupçon of history knows where that path takes us..
These lunatics are dangerous not only to the country and democracy but to the world.
~ comment by StebbyTubby

These GOPers follow Christianity w/o Jesus
~ comment by Ronju01

















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Sunday, June 17, 2012

The Romney's Horse in the London Olympics

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Story from the LA Times

Ann Romney’s dressage horse, Rafalca, and her trainer, Jan Ebeling, earned a place on the U.S. Olympic Equestrian team on Saturday, cementing the Romneyfamily’s already deep ties to the Olympic games. The official announcement is expected to come Sunday by the U.S. Equestrian Federation.
Rafalca and Ebeling will compete for the U.S. in the London Summer Games.

The Romneys’ involvement in dressage has raised the profile of the sport, linking it to the American presidential campaign in a way that has brought both adulation and mild ridicule as some have poked fun at dressage as a sport of the elite.

Kenneth Braddick of Dressage News said Ebeling had “the best performance of his life” Saturday at the second of two Olympic trials at the U.S. Equestrian Federation national dressage championships in Gladstone, N.J. In a post on the website, Dressage News, Braddick wrote that Ebling has also taken in stride the ribbing he’s gotten from comedians such as Stephen Colbert.

































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Wednesday, June 6, 2012

Wisconsin Aftermath

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Sunday, May 27, 2012

Dine With Mitt and "Bloviating Ignoramus" Trump


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Donate today and you are eligible for a chance to win:
• Airport transportation in the Trump vehicle.
• Stay at the Trump International Hotel & Tower New York.
• Tour of Trump Tower.
• Dine with Donald Trump and Mitt Romney.
~ From a new Romney Promo featuring a dining experience with both Mitt and Donald for as little as a $3 donation.

Chris Christie's a great guy. He's a friend of mine. On a younger side, you could look at Sen. Rubio, who I think could help with Hispanics. But he is young, and I think he sort of doesn't want to go through it and doesn't want to do it.
They have a lot of very good people. Probably the best choice of all would be Donald Trump.
~ The Donald Trump, quoted by Newsmax

He said he was born in Kenya and raised in Indonesia… Now they’re saying it was a mistake. Just like his Kenyan grandmother said he was born in Kenya, and she pointed down the road to the hospital, and after people started screaming at her she said, ‘Oh, I mean Hawaii.’ Give me a break.”
~ Donald Trump Via Daily Beast insisting that President Obama was born in Kenya because a literary agent mistakenly wrote that once.


I do not understand the cost benefit here. The costs are clear. The benefit — what voter is gonna vote for Romney because he is seen with Donald Trump?
The cost of appearing with this bloviating ignoramus is obvious it seems to me.
Donald Trump is redundant evidence that if your net worth is high enough, your IQ can be very low and you can still intrude into American politics. Again, I don’t understand the benefit. What is Romney seeking?
~ George Will on ABC News This Week
































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Thursday, May 24, 2012

Facebook ~ Sorry, Suckers! I mean, Zuckers!


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Facebook Shows There's a Sucker Born Every Minute
~ Headline on Wall Street Journal

It’s the biggest pump-and-dump in history.
~ Francis Gaskins, president of the IPO research site IPOdesktop.com, on New York Daily News

In one of the biggest IPOs in history, in which a huge amount of stock was sold to small investors, privileged Wall Street insiders once again got much better information than individuals did.
~ From MSNBC "The Inside Story of Facebook's IPO"

...there’s something unseemly about customers complaining at a gambling table that the game was rigged against them....Unfortunately, you can’t sue people for being suckers or greedy. You’ll note these people never sue when their investments go up.
~ WSJ Marketwatch OP-ED called "You Can Sue Facebook, but Why Did You Buy?

Nasdaq messed up Facebook's IPO, and now Facebook is totally going to show them by taking its stock away from Nasdaq and hooking up with Nasdaq's frenemy, the New York Stock Exchange.
That is the latest gossip from the world of Facebook, whose stock today managed to dead-cat bounce by more than 3 percent to exactly $32.
~ Huff Post Article "Facebook is Totally Dumping Nasdaq"

someecards.com - Sorry to hear that your Facebook stock is now as worthless as your Facebook posts.

Facebook: What you have when you put lipstick on MySpace.
~ Comment by Aerobat on Huffington Post

I understand that the FB shareholders are planning to rename their company, CHAGRIN, and to discuss their 'issues' on the new social/legal networking site, FACEOFF.
~ comment by awenshok on BusinessWeek

I would buy a ton of it. Because Facebook is the king of backlash. It takes a whipping and keeps on gripping. Us all. Try as we might we can never break the bonds that our Facebook masters have us all captive in. This is the dirty secret that they, and us, all know. They can force us into a timeline. We will revolt, but then learn to tow it. They can take away our protections. We will complain, but then learn to cope. They can sell all our information. We will freak out, then give them some more. They've got us all by the walls.
And we're not going anywhere. All 900 million of us and growing. We can bitch, we can moan, but we're still going to post. Facebook is like an awful party that we all already went to and have been standing in the corner of for the last 6 years...
~ Gavin Shulman on Huff Post Comedy







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Tuesday, May 22, 2012

Investers Get "Zucked" by Facebook IPO

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Via Zazzle


Mark Zuckerberg started Facebook in his Harvard dorm room and in eight years built it into the most popular waste of time the world has ever seen.
~ Jay Leno

Facebook is worth $100 billion. Today it was friended by Greece.
~ David Letterman

Andy Warhol said that in the future everyone will be famous for 15 minutes. Facebook is exactly like that except you're not really famous and your 15 minutes goes on forever.
~ Craig Ferguson

Shares of Facebook stock dropped from the opening day price of $38 to around $34 today. They say if it drops any lower, Mitt Romney will swoop in and divide it up into Face and Book.
~ Jimmy Kimmel

Mark Zuckerberg’s paper wealth has fallen by more than $3 billion over the past two-and-a-half trading days. It could fall further today, giving us a new term for the business lexicon: “Zucked.” (As in “My stock wealth is down 30 percent, I got Zucked!”)
~ Robert Frank on CNBC

Please try to imagine, how passionately indifferent I am, to these wealthy morons, who got screwed by believing the Faceplant hype.
~ comment by deconstructionist on CNBC

I'm going to wait till next month to see if Facebook stocks will be on Groupon at 50% off.
~ comment on Techcrunch by Julian Hugh, Founder and CEO at SwagFriends.com teens social network

Insiders profited, the rest are suckers. Dot-bomb 2.0.
~ comment by Curt Story on Techcrunch

Remember this biblical saying? "For they have sown the wind, and they shall reap the whirlwind"! So be it with Facebook.
~ comment by Slyfas on Independent UK














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Monday, May 14, 2012

JP Morgan Bank Losses in the Billions from Sketchy Hedge Trading

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We made a terrible, egregious mistake...There's almost no excuse for it...We got very defensive. And people started justifying everything we did.
~ CEO of JP Morgan, Jamie Dimon, on NBC's Meet the Press













Jamie Dimon, the head of it, is one of the smartest bankers we got, and they still lost $2 billion and counting....We don't know all the details," Obama said. "It's going to be investigated, but this is why we passed Wall Street reform.
~ President Obama on The View

Jamie Dimont Put in the Rough
~ Headline on Boston Herald

It’s no secret that bankers have been feeling the wrath of an angry public—although nowhere near as much wrath or anger as the situation demands. They kept a low profile for a while, garaging their Lamborghinis and keeping the big watches in the sock drawer. But like penny-ante crooks who ignore warnings not to flash their money around after a heist, they are what they are. And everything, from multi-million-dollar duplexes to oceangoing yachts and NetJets accounts, is back on display.
~ From an article called "Dimon in the Rough" on VanityFair.com

If we are going to define this trade as a hedge, then there is no other conclusion to reach except that everything at a huge bank is a hedge.
And once you define everything as a hedge, well then, nothing is a hedge.
~ Barry Ritholtz on The Big Picture Blog

You liberals need to get out of the way, u don't understand capitism (sp)
~ Huffpost Super User Oppose Obama (who cannot spell)

What is capitism, brainwave? We DO understand fraud and malfeasence.
~ Celiene on Huffpo in response to Oppose Obama

Why is this a left vs. right problem? How can anyone think we don't need tighter regulation?
~ comment by Jaguar Man on Huffington Post

That is what Jamie Dimon has said. He says it’s stupid and sloppy but we’ll fix it. So stay away. But what if the next loss is $20 billion or $200 billion? Is he saying JP Morgan should be entitled to continue to take these bets right up until the day it lands in the taxpayers lap again?
...That’s the strongest argument for a modern Glass-Steagall. Glass-Steagall said in effect that hedge funds should be separated from commercial banking. If a big institution wants to go out and play in the market, that’s fine. But it doesn’t get the backup of the federal government. If it’s too complicated to implement the Volcker rule, do you say we give up and let the largest financial institutions do what they want? Or do you say maybe that’s the reason we need a modern Glass-Steagall?
~ Senate candidate Elizabeth Warren (D-MA) to Ezra Klein of Washington Post



Banks have been loading up on risk and they don't want to be accountable. Jamie Dimon not only is CEO of JP Morgan Chase, he holds this position of public trust, advising the New York Fed. on how to regulate risk for these large financial institutions, like his own finanicial institution.
It's not just conflict of interest, it's a real point about attitude here. This isn't personal to Jamie Dimon. It's what's been going on ever since Dodd-Frank passed. There's been a guerrilla war out there in which the largest financial institutions have been doing everything they can to make sure that financial regulations don't get put in place. And if they do get put in place, that they're loaded with loopholes and not very effective. There's been a lobbying army hired by these financial institutions becasue they really don't want to have any oversight. They want to take on risks however they want to take on risk and let the rest of us bear the consequences...
~ Elizabeth Warren on CNN's Starting Point




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Friday, April 27, 2012

The Catholic Church Sends Paul Ryan a Message

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For you have the poor always with you...
~ Jesus Christ, Matthew 26:11

Again I tell you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.
When the disciples heard this, they were greatly astonished and asked, "Who then can be saved?"
~ The Holy Bible, Matthew 19:24-25

I suppose there are some Catholics who for a long time have thought they had a monopoly of sorts . . . not exactly on heaven, but on the social teaching of our Church. Of course there can be differences among faithful Catholics on this.
. . . The overarching threat to our whole society today is the exploding federal debt. The Holy Father, Pope Benedict, has charged that governments, communities, and individuals running up high debt levels are “living at the expense of future generations” and “living in untruth.”
. . . My mentor, Jack Kemp, used to say, “You can’t help America’s poor by making America poor."
~ Representative Paul Ryan (R-Wisconsin), speaking at Georgetown University, transcript Here

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Dear Rep. Paul Ryan, Welcome to Georgetown University...We would be remiss in our duty to you and our students if we did not challenge your continuing misuse of Catholic teaching to defend a budget plan that decimates food programs for struggling families, radically weakens protections for the elderly and sick, and gives more tax breaks to the wealthiest few.
~ Excerpt from a letter signed by 90 Georgetown University faculty and administrators, including a dozen Jesuit priests, numerous members of the Theology and other departments. Read the complete letter on Huffington Post
 
Blessed are the rich, the reign of this world is ours. The rich rule the world, and the rest suffer and die, often in misery. Do not let this be you my brothers! Easier to use your riches to genetically engineer very small camels that can fit through the needle's eye…
~ GOP Jesus, protesting Ryan's speech at Georgetown University, April 27, 2012, from Mother Jones

GOP Jesus at Georgetown
Via Mother Jones


"If Paul Ryan knew what poverty was, he wouldn't be giving this speech."
~ James Salt, the executive director of Catholics United quoted Here

Paul Ryan's Catholicism probably calls communion a "hand out."
~ Lizz Winstead, Satirist and co-creator of the Daily Show on Twitter

Paul Ryan Says He Takes His Inspiration from St Thomas Aquinas, Who 1st Proposed Hedge Fund Managers Should Pay Lower Taxes than You in 1268.
~ The Daily Edge on Twitter

The truth is that the filler modern food manufacturers add to their products may be disgusting — think pink slime — but it nonetheless has nutritional value. Mr. Ryan’s empty promises don’t. You should think of those promises, instead, as a kind of throwback to the 19th century, when unregulated corporations bulked out their bread with plaster of paris and flavored their beer with sulfuric acid.
Come to think of it, that’s precisely the policy era Mr. Ryan and his colleagues are trying to bring back.
~ Economist Paul Krugman in the New York Times

Visit msnbc.com for breaking news, world news, and news about the economy

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