What, No Lehman Aid?

Day 5 of stealing Ohio's election!:
http://www.foxnews.com/video2/video08.html?maven_referralObject=3130656&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/politics/

EVEN MORE ON THE VOTER FRAUD THAT IS GOING ON IN KEY BATTLEGROUND STATES!:
http://www.foxnews.com/video2/video08.html?maven_referralObject=3129737&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/politics/
DON'T SAY THAT I NEVER WARNED OF OBAMA'S NEFARIOUS CAMPAIGN!

You may not like Bill, but sometimes you have to love him!
http://www.foxnews.com/video/index.html

More on the voter fraud in Ohio:
http://www.foxnews.com/video2/video08.html?maven_referralObject=3128354&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/politics/

A man of great wisdom:
http://www.atlah.org/broadcast/manningreport.html

Obama's dirtiest, darkest secret!:
http://larrysinclair.org/

Lehman Brothers gave much of their money to fund the Obama campaign - now we the taxpayers are asked to bail out Lehman Brothers. Also Fannie and Freddie gave much of their money to fund the Obama campaign - we are now seeing foreclosures at a record rate. Given that these 3 failed companies funded Obama it would be good if the Newsweek bloggers investigated further. They need to investigate their own BIG Time.

In a few weeks we will make a choice that will decide our future.
I follow a economist named bob proctor who has called the top and bottom of every market crash since the 70s correctly.
He perfectly predicted the current real estate market meltdown ,and the picture he paints about what will happen in the next couple years
Is terrifying. He thinks it could get worse then the great depression.
Banks in the US are going under one after the other. Country wide the largest morgage bank in the world
Bear Stearns and Lehman brothers , and Merrill Lynch which are 3 out of the top 5 wall street firms.
And now Fanny and Freddy which hold 50 percent of the home loans in the United States.
The goverment took them over because they are essentially bankrupt.
If they didn't the entire financially system would virtually shut down, the stock market would crash
And we would suffer beyond what any of us have seen before
The future of these companies will fall into the hands of our next president
Lehman, Merill Lynch, and Bear Sterns have survived for over 150 years and survived even the great depression
They are important because the are the biggest engines of growth in america and
they are connected to almost everything.
The last time the real estate market numbers looked this bad was during
The great depression and real estate often leads the way into major economic recessions.
Bush just like Mcain doesn't understand the economy.
That not just my opinion its his own words. Not only does he not understand how to fix itHe does not understand exactly what is broken.Its no surprise that he doesnt. The people that make up these securities use complex math models very few people understand.They are basically bundles of thousand of loans some good and some bad that are then given rules based on complex math. It will take the best and brightest minds in the world to get us out of this, and the same things bush and mcain have done for the last 8 years
Have not worked so far and wont work in the future.
if you do what you have always done then you will do get what you have always got
90 percent of the time they have voted the same.
Please don't just take my word for it Start to read up on some of this yourself. MSN money, elliot wave and, bloomberg Have tons of articles That prove we are in the heading into one of the worst economies any one has ever seen. So why are the polls even close then ?
The chairman of mcains campaign recently said that people don't vote on issues
they vote on a personality composite which means. He is trying to sell personality instead of results.He believes people will vote against there own self interests.
Lets teach him we are smarter then that and elect the ticket that can
bring us back from the brink of a economic abyss.Mcain admits in the year 2008 he cannot use a computer even to send email.It impossible then that he understands how to help us. its time to wake up now while it will still help

Fannie Mae, Freddy Mac, Bear Sterns, Lehman Brothers, AIG and the rest of the failed institutions have failed primarily because of former Senator Phil Gramm. The Gramm-Leach-Biley Act stripped away the regulations separating banking from investment companies, insurance companies and mortgage guaranty companies. Those regulations were added after the Great Depression when it became obvious that allowing banks to be in bed with the stock market was a sure way to rig the system to collapse, as it did in 1929.

Lo an behold, a few years after the regulations were removed, the sh!t has hit the fan, and the inter-related investment, insurance, mortgage and banking industries are now starting to collapse, and guess what, you, the taxpayer will have to pay to clean it up.

Phil Gramm is the Senator who brought you the "Enron Loophole" that de-regulated futures trading, causing the prices of oil, gas and food to spiral out of control.

Senator Phil Gramm was McCain's top economic advisor until recently, when he was forced to step down after he said that there is no problem with our economy other than a "mental recession" on the part of a "nation of whiners." Phil Gramm is the man who McCain said he wants to name Secretary of the Treasury if he becomes President. You have to believe John McCain when he says that he knows little about the economy -- so little that he doesn't even know who to choose as an advisor.

Barack Obama addressed the Enron Loophole, futures trading, short-selling and Wall Street de-regulation months ago in his economic position papers, which are available on his website. Obama has been saying all along that he is going to put in strict regulations and clean up Wall Street.

McCain just started saying that he favors regulation in the past couple of weeks. How is it that McCain is going to put in new regulations, when he plans to appoint Phil Gramm, the man who caused the de-regulation, as Secretary of the Treasury? McCain says he would fire Christopher Cox, the SEC Chairman, to solve the problem. However, the problem is caused by lack of regulations on the legislative level, regulations that were removed before Cox was appointed. The SEC can only enforce regulations that actually exist, so making a scapegoat of Cox solves nothing. I would suggest that McCain is guilty of saying what's politically expedient, that he does not actually intend to regulate the banking industry. McCain knows that most Americans are unaware of the details.

I am a middle-aged white conservative Republican who loves America. I am voting for Barack Obama.

http://www.thecarpetbaggerreport.com/archives/15050.html
http://www.newsweek.com/id/145011/page/1
http://www.chron.com/disp/story.mpl/editorial/outlook/6007788.html
http://query.nytimes.com/gst/fullpage.html?res=9A01E0D81038F934A25752C0A9649C8B63
http://my.barackobama.com/page/community/post/stateupdates/gG5Rzb

I recall dealing with the folks at Lehman Bros. in a major transaction and came away from that first meeting thinking we had just had a meeting with God. Their Ivory Tower in New York is/was impressive but I knew that their attitude was "you should be entirely grateful that we gave you an audience and allowed you to speak, that should be the highlight of your career" be thankful and get out of here". What was remarkeable about their arrogance was the fact that we were representing the proposed buyers of a substantial asset which Lehman had financed but which was is serious default and which Lehman was eager to sell. After months haggling with their famous attornies at Herrick , Feinstein I was satisfied that the only thing which exceeded the arrogance of Lehman was tha of thier attornies.

It was more than shock then when I heard of their downfall. How could group which took directions only from the Lord himself and had access to the best and brightest minds end up looking like an Enron re-run. How could the "E.F. Hutton" of investment banking possibly fail. The answer must be (in those immortal words of Bob Dylan) "blowing in the wind". How many years can a mountain exist before it fall into the sea? We build homes coded to withstand 150 miles per hour winds but they get demolished by a Cat 5 (160 mph) storm. Lehman was big but I, like Lehman themselves, thought they were bigger and better than this.

when one makes $45k a year, has subpar credit & purchases that $450k house by any terms neccesary.. you should live in tent city and think about it...for the rest of us who are intelligent enough to see the bigger picture..we shldnt have to carry the financial burden of those trying to live like "the jones' " or the banks & lenders that made it possible.. !

Bailout cannot be the only solution -- in fact, not the solution at this critical juncture. Did I not say a few days ago that the impact of Lehman???s pending fall would be afflictive and austere?

Dow has just fallen by 504 points, bringing the index down to below 11,000. NASDAQ is hanging at 2180, a further downslide of 180 points would pull it down to 2000 (the psychological marginal level), and the consequence will be dead serious.

The domino effect of the collapsing financial institutions would most likely extend further. In short, the world must be prepared for the worst, practically unimaginable (if not unacceptable) economic thrashing, the magnitude and the disastrous effect of which will be beyond description. (btt1943@yahoo.com)

Take your 401k and run

Only intelligent regulation will put an end to irresponsible behavior. Chairman Greenspans confidence in the markets wisdom has been officialy proven to be wrong.

Regulation will only ensure that this will happen again. Nobody is being held accountable here. They made bad decisions and should now reap their reward. Where is the big investigation like we saw with enron. If the tax payers are going to bail them out then someone at Mae and Mac should be held accountable.

De-regulation at work yet again.

The truth is that neither the Republicans nor the Democrats believe in a truly free market system, and both exert some regulation over markets. The problem with Fannie and Freddie was that they took on debt that would have been too risky had they not had an implicit backing by the Federal government - in other words, the fact that the government was involved at all was the reason for their downfalls.

Fannie and Bear Stearns were deemed too multinational to fail, as the effects of their failure would harm some of those countries which, through the purchase of Treasury Bills, are bankrolling our $10 Billion-a-month empire-building adventure in Iraq. As this article states, Fannie was "too Chinese to fail" - we couldn't risk its failure to harm Chinese interests so much that China would liquidate its Treasury Bills in response. China, as of June 2008 according to the US Treasury Dept (see http://www.ustreas.gov/tic/mfh.txt), holds over $500 billion in T-bills, and a liquidation of such would flood the world market with US currency, driving inflation several percent higher overnight, crippling the dollar on international exchanges and on both bills of credit and debt receipts, eroding the buying power of the dollar at home, and raising prices on oil and gas and every consumer good which was imported or shipped any distance.

Our economy, through the leadership and with the backing of both Republicans AND Democrats, rests on an unsound system of inflation-riddled paper money printed at will by the Federal Reserve and kept afloat by the eroding of interest rates and the purchase of Treasury Bills by foreign governments which can, like China, use those securities as leverage to make our government make deals to their advantage rather than our own. We must have a return to sound money policy and the temporary pain that will cause in order to avoid complete disaster.

This November, vote against the multinational corporate interests represented by both McCain and Obama.

Everyone, give a round of applause to the Republican party and all their faithfull supporters who vote for them. These are epic problems they've helped create. Not only have they screwed up foreign policy beyond repair, they're BS economic policies are killing the economy. Good job. You guys just keep voting on your issues. Let's see, those are religion, religion and more religion. FRED THOMPSON 2012 baby!!!!! Whoo Hoo!