Wall Street’s Unraveling

3.46 million Americans are collecting unemployment, and twice that aren't able to collect. Why have we sent 10 million jobs overseas. The economy would be booming if we had some foresight.

Exchange commission require public declosure of short selling. The golden key for hedge funds . Short the stock in the late part of trading and annouce the next day.The rest is done by the uninform stock holder.as price drops money money for fund.1 Make shorts hold stock minmum 9 months give the little guy a chance.2 60% taxs if you buy the same stock brfore 9 months.3 capital gains tax 60 % if stock shorted is sold before 9 months.Give the little guy a break he doe not have information big hedge fund have. All the information little guy has is go long term. TIlLL the greed kills the market. Than the advise is write it off. Stay out little guy or check your funds and broker constantly.No change in short selling stay out,its your money they get.

Wall Street sells out American jobs. They get cash in return from Asia to invest in financial instruments. The Asians get worried that they are being sold junk, so US investment banks insure their investments with credit default swaps. Inevitably people start defaulting. Now the I-Banks run to the US Treasury, help I am going under! The Asians tell Paulson that he needs to make sure that the credit default swaps are honored. Paulson buys AIG, Bear, Freddie & Fannie. US taxpayer whose jobs were stolen in the first place is stuck with the bill.

Who really cares if these financial giants collapse? It is their own fault for paying their employees so much. No one can deserve a $300K salary for honest work. Let all these Wall Street types get on an unemployment line. Let all the female employees go home and raise their children!

It takes an outsider's perspective to explain to Americans what is going on. In short dear friends, foreign investors have lost confidence in your financial institutions, and the capacity of your government to regulate them.
What you are witnessing dear people in main street, is the disappearance of your life stile. The times of foreign investor subsidized low interest loans is gone. The time when you could demand tax cuts from the Federal Government while forgeting to demand the correspondent expenditure cuts is gone. No foreigner is willing any longer to finance the deficits created by your Government into infinity.
Who is to blame for this sad state of things? You Americans. From the guy that demanded tax cuts, while asking to support an un-funded usless war for decades if necessary "because that's the patriotic thing to do" to the shark in Wall Street that decided that greed came before country.

In the end the beauty of Capitalism is that it adjusts itself. The Capitalist principles of hard work is rewarded with prosperity is still here for all of us. The Capitalist wisdom of saving some money and spending the rest is now I hope clear to you. Dear Americans when did you start to believe that it was realistic to support an outside-your means life style by issuing IOU's into infinity?

The hard earned confidence in America, and American institutions created by your forefathers has been eroded to the point of no return by subsecuent greed-corruption bubbles in your Financial Markets. Your Government irresponsibility and ineptitude, combined with the tacit willfull approval of their behavior has cut up with you.

You can elect McCain and expect "change" , or try Obama and expect "change"..... In the end is no loner up to them to give you the "change" you want. Change is comming all right, is just not comming from politicians any longer, and is not exactly the change you wanted. No dear Americans change is comming from foreign investors burned one too many times voting for "change" with their feet and walking out of American markets.

Third World 's people know the feeling only too well. You are about to discover it. Your prescription to them used to be " Thighten your belts and learn to live with what you make" .

By the way. I am as American as can be... I just wanted to wake you up as the way foreigners will talk to us all if they had a chance. It's allways usefull to get out and see the world some times.... It gives you a clearer perspective of who we really are.

Can we go back to discussing lipstick on a pig? I suspect that would be the preferred topic in the Oval Office

If there is anyone out there that doesn't know this; this is the best visual presentation I ever saw. just remember who did this when you vote....
Our Social Security

Franklin Roosevelt a Democrat, introduced the Social Security (FICA) Program. He promised:
That participation in the Program would be Completely voluntary,
That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program,
That the money the participants elected to put Into the Program would be deductible from Their income for tax purposes each year,
That the money the participants put into the Independent 'Trust Fund' rather than into the General operating fund, and therefore, would Only be used to fund the Social Security Retirement Program, and no other Government program, and
That the annuity payments to the retirees would never be taxed as income. Since many of us have paid into FICA for years and if we get a Social Security check every month we are finding that we are getting taxed on 85% of the money we paid to the Federal government and now to Dwight Eisenhower
34th. President, Republican,
in 1958 the first year that Congress voted to remove funds from Social Security and put it into the General Fund for Congress to spend.
If I recall correctly, it was a democratically Controlled Congress. And From what I understand, the Congress logic at that time was that there was so much money in Social Security Fund that it would never run out / be used up for the purpose it was intended / set aside for. Then comes Lyndon Johnson 36th.President,a Democrat
Q: Which Political Party took Social Security from the Independent 'Trust Fund' and put it into the General Fund so that Congress could spend it?
A: It was Lyndon Johnson a Democrat, and the democratically Controlled House and Senate.
Q: Which Political Party eliminated the income tax Deduction for Social Security (FICA) withholding?
A: The Democratic Party. Q: Which Political Party started taxing Social Security annuities?
A: The Democratic Party, with Albert Gore, Jr. (Al Gore) casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the U.S. Q: Which Political Party decided to start giving Annuity payments to immigrants?
A: That's right! (Jimmy Carter) a Democrat, and the Democratic Party. Voted to give
Immigrants who moved into this country, and at age 65, began to receive Social Security payments! TheDemocratic Party gave these payments to them, even though they never paid a dime into it! Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!
And the worst part about it is uninformed citizens believe it!
If enough people read this, maybe a seed of Awareness will be planted and maybe changes will

Greed and fear do not bring down the Wall Street. The American life style does.

Be ready to face the onslaught of yet another round of ugly financial calamity with courage and dignity.
The world should be well equipped psychologically and prepared adequately for the imminent catastrophic economic meltdown.
(btt1943@yahoo.com)

When you transfer 5 to 10 million jobs overseas in 10 years, the unemployed homeowners can't pay their mortgages and the banks will fail. Also, there is an incredible loss of tax revenue for states and the US govt.

The ignorance of our National Leaders threatens our way of life. Our country was founded and is made up of pioneers and patriots- not "Investment Bankers", or "Illegal Immigrants." If our leaders don't wake up real soon they will suddenly be on the ground looking up and saying, "What Happened?"

The financial markets NEED Regulation - Republicans pushed aside Regulatons so that their Lobbyist friends and buddies could make more money (not that democrats are free of it...but it's more the Republican philosoph...."no government!", "limit regulations" blah blah blah). This article is absolutely right. I work in the Banking industry - when 1999 hit...everything went the wrong way......no one could control the power of the wave when De Regulations set the monster free. But many of us knew it was coming....as Bush and his buddise yelled "Democrats want the government to control your money! Capital markets will correct themselves! blah blah blah" American Citizens...it's time you realize that Republicans are not worried about Country first...they are and ahve shown in the last 8 years...they are solely worried about Profit first. Vote for Obama...it's the only way to a more balanced economy.

Can we go back to the Glass-Steagall Act of 1933? Did the Gramm-Leach-Bliley Act in 1999 contribute to this situation? Didn't the G-S Act of 1933 build firewalls to prevent this type of problem? Am I oversimplifying the situation?

Can we go back to the Glass-Steagall Act of 1933? Did the Gramm whatever act in 1999 take away the firewalls built to protect us in the 30"s?

"Talented and ambitious people may move from finance, where they were attracted by exorbitant pay, into more productive industries." Outside of sales and the corporate ladder, "ambitious" people are essentially a waste of space. Then we have the "talented" people of finance. Exactly what talents do these people bring to the world outside of Wall $treet?