[kj] Latest Blog Post from Youth:

[nicholas fitzpatrick]

>>>>>As I remember it, American taxpayers forked out hundreds of billions to keep JPMorgan, Goldman, and other big Wall Street banks afloat through most of 2009. Had we not done so, Dimon, Blankfein, and most other top executives on Wall Street would not have earned a dime last year.

It's not quite like that, at least as I understand it.A number of US banks were in severe trouble. A number of them weren't. However, the US government wanted to mask the ones that were in trouble by forcing all US banks to take TARP (bail-out money) even if they didn't need it. This was to maintain confidence overall in the market.Goldmans and JP Morgan, I believe, were among the ones that didn't need it. Goldmans lost relatively little in the sub-prime crash and has been very profitable since. JP Morgan was strong enough to acquire Bear Sterns, albeit at a low share price. These banks have been quick to point out that they paid back the TARP promptly.Correct me if I'm wrong but I think this is the case.  








From: folk.devil at hotmail.com

To: gathering at misera.net

Date: Mon, 8 Mar 2010 13:23:21 -0800

Subject: Re: [kj] Latest Blog Post from Youth:



Nice linkage :)

 

"In the midst of this paralysis, the President
was asked about the giant pay packages of Jamie Dimon, CEO of JP Morgan Chase
& Co. ($17 mullion for 2009) and Lloyd Blankfein, CEO of Goldman Sachs ($9
million). "First of all, I know both those guys," Obama said.
"They're very savvy businessmen. And I, like most of the American people,
don't begrudge people success or wealth. That's part of the free market system."

Free market system? As I remember it, American
taxpayers forked out hundreds of billions to keep JPMorgan, Goldman, and other
big Wall Street banks afloat through most of 2009. Had we not done so, Dimon,
Blankfein, and most other top executives on Wall Street would not have earned a
dime last year. In fact, some would be out on the street, reather than sitting
pretty on the Street."

 

Can I have a refund? People really do have short
memories...or are just too dumb to know what actually happened...

 

http://www.youtube.com/watch?v=fK86BNhjDxI

 

Now, back to the Bilderbergs....s'all business as
usual.

 







Date: Mon, 8 Mar 2010
13:03:39 -0800

From: saulomar1 at yahoo.com

To: gathering at misera.net

Subject: Re: [kj] Latest Blog Post from Youth:





There are Jerry Garcia and the Grateful
Dead(heads), 





and there are the Beautiful Dead. Who also
need their own flavor of ice cream.





 





a joke: 





Okay, so there was once a rich guy* who stole from
and otherwise managed to financially break most everyone in the
village. When the mayor was asked what he thought about that, the mayor
answers thus, "Yeah; hey, firstly, I know the guy - and he is smart; shrewd.
I am sure the villagers will not begrudge him his money that he
makes; I know I don't. I mean, c'mon, it's 'bizniss.'  Wass'amattuh wi' you?"
(2nd
paragraph)





 





* http://www.youtube.com/watch?v=ZzZIRMXcxRc





   
(yeah,iluvthisvid)







 





... ... ... ... ... ... 







[looking
at the current state of things..]







 





'Who
has the fun.. 







 
..is it always a man with a gun...? 







   
Someone must have told him if you work too hard... you can sweat" 





 





 









From:
folk devil <folk.devil at hotmail.com>

To: gathering at misera.net

Sent: Mon, March 8, 2010 11:37:14
AM

Subject: Re: [kj] Latest Blog Post
from Youth:



Revolt?

 

If you can pull them all away from their Oprah and Big Macs...

 







Date: Mon, 8
Mar 2010 11:35:25 -0800

From: saulomar1 at yahoo.com

To: gathering at misera.net

Subject: Re: [kj] Latest Blog Post from Youth:






> ..that the new American president is every bit

the fascist his predecessor was.  





 





    So what can the people do
now? 







 





... ... ... ... ... ... 







[looking
at the current state of things..]







 





'Who
has the fun.. 







 
..is it always a man with a gun...? 







   
Someone must have told him if you work too hard... you can sweat" 





 







 





 







Hotmail: Free, trusted and rich email service. Get it now. 







 







Hotmail: Free, trusted and rich email service. Get it now. 







Hotmail: Powerful Free email with security by
Microsoft. Get it now.





 





This communication may contain information that is
confidential and legally privileged. It is for the exclusive use of the
intended recipient(s). If you are not the intended recipient(s), please note
that any form of distribution, copying or use of this communication or the
information within is strictly prohibited and may be unlawful. If you have
received this communication in error, please return it to the sender, then
delete and destroy any copies of it. The Health Informatics Service disclaims
any liability for action taken reliant on the content of this message. This
communication is from the Health Informatics Service serving Barnet Enfield
& Haringey Health Communities.






 
This communication may contain information that is confidential and legally privileged. It is for the exclusive use of the intended recipient(s). If you are not the intended recipient(s), please note that any form of distribution, copying or use of this communication or the information within is strictly prohibited and may be unlawful. If you have received this communication in error, please return it to the sender, then delete and destroy any copies of it. The Health Informatics Service disclaims any liability for action taken reliant on the content of this message. This communication is from the Health Informatics Service serving Barnet Enfield & Haringey Health Communities. 		 	   		  
_________________________________________________________________
Send us your Hotmail stories and be featured in our newsletter
http://clk.atdmt.com/UKM/go/195013117/direct/01/
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://four.pairlist.net/pipermail/gathering/attachments/20100311/06b2bb88/attachment.htm>