Prayer Curse: Republicans Call For Obama Death

Image via Wikipedia

From Denny:  From the deviants' corner of the morally reprehensible comes a circulating email from Republican politicians to pray for God to kill President Obama.

These guys are unbelievable.  Just when you think they could not sink any lower on the vile meter, they come up with Bible verses to demand the death of a sitting President.

The real question is this:  But has anyone decided to do a sanity test on these sitting politicians?  Maybe it's time to take matters into our own hands and for the public to demand such a test be performed.  People seem to forget the intense harm that one crazy guy - by the name of Senator McCarthy - did to this country.

McCarthy devastated the careers of many Hollywood actors who refused to name friends as Communists.  Old McCarthy was demanding false witnesses or retribution.  Those who did not participate in his insanity paid some high prices. 

Will Geer of "The Waltons" fame is one such actor, though his career did rebound the last years of his life. In order to make a living outside acting during the McCarthy years when Geer was blackballed, he turned to horticulture, becoming a world renowned expert.

What has now come to light many decades later is that McCarthy was suffering from some serious dementia, most likely Alzheimer's.  Yet he went undiagnosed and a nation was in the grips of - and held hostage by - his vicious insanity for years.  Are we really going to allow this toxic political atmosphere to careen out of control yet again and in this generation?

Cleveland Mayor Spanks Big Banks On Abandoned Foreclosures

Image by SEIU International via Flickr

From Denny:  A crooked Congress and a delusional President continue to ignore the millions of foreclosed homes at their peril. America's Winter Revolution is about to erupt like a super volcano before the New Year has a chance to arrive.

Yes, Americans are that fed up at inequality, unemployment, under employment, unfairness, a police state mentality against peaceful protests and double standards for the law.

Mayors across the country are equally desperate about how to deal with the huge inventory of abandoned foreclosed homes getting vandalized.  The foreclosure scavenger thieves are quite sophisticated.  They check out the evictions of the foreclosed homes at the sheriff's department online and arrive the same afternoon to rip apart the house like a demolition team.

Aluminum and vinyl siding is ripped off since it goes for $1 a pound.  The same is true for electrical wiring, appliances and even the kitchen sink.  They take the plumbing, the furnace, all metal like copper and the light fixtures.  The houses are like a sad portrait of a hurricane disaster zone except this one is man made - and Big Bank made, if truth be told.

Where Is The Middle Class in America? Half Living Low Income Or Poor

From  Denny:  Where is the middle class in America?  Half of Americans are now scraping by on low income or downright poverty, according to the latest census data.  That's 146 million doing without because of high unemployment, costs that have risen fast, stayed high and suppressed wages.

Mayors of 29 cities say they cannot meet the needs for emergency food assistance, food stamps, and are turning away 25 percent of applicants.  There are already 46 million people on food stamps, a former middle class that never asked for any help until now. Federal and states' programs are frayed at the edges.

And the Republicans claim the Democrats are screaming "class warfare"?  These figures don't lie.  Just where did the GOP expect the unemployed to go?  How do they expect people to eat?  

Bigger Scandal: How Big Banks Bailouts Scammed Trillions Not Billions

From Denny:  $7.77 trillion is how much the Big Banks leveraged from our taxpayer TARP bailouts of only billions.  How did they get the federal government to give them more than the original bailout?   Read on and line up an early appointment for your anger management class.  Trust me; you are so going to need it. 

Before the bailout the Big Banks only had a financial hold of less than 40 percent of the banking sector.  Now?  Because of this leveraging they now control over 67 percent and growing, growing like their outrageous fat CEO billion dollar bonuses and billion dollar company quarterly profits where they fee us to death.

In fact, after receiving the $700 billion safety net of the TARP bailout (Troubled Asset Relief Program) those same Big Banks had the nerve to lobby against government regulations to prevent them from ending up in the same financial black hole yet again.  "Do ya think?" that Stupid is running Wall Street or what?

How did this finally come to light when the Federal Reserve and the Big Banks have fought for years to conceal the truth?  The Big Banks even refused to give details of just how bad their financial situation was to Congress that was giving them money.  That means that Congress basically gave them a blank check while writing their signature in the dark.  With what recently came to light you can bet there are plenty of lawmakers wanting to change that vote.

Turns out that Bloomberg LP, the parent of Bloomberg News, recently won a victory in a court case against the Federal Reserve and the Clearing House Association, LLC (a group comprised of the biggest United States banks).

That win forced the lending details out into the open for all to see of the financial crisis from 2007 to 2009.  It came in the form of 29,000 Federal Reserve documents obtained under the Freedom of Information Act and 21,000 transactions from central bank records.

The same Fed that kept this huge secret for years now claims that almost all of the loans were paid and there were no losses.  But what has emerged is something far more troubling:  there was secret funding that helped to preserve a broken status quo that enabled the biggest of the Big banks to grow ever larger.  In short, taxpayers paid a higher price than just dollars as it has affected the entire economy and how we do business every day.

From Senator Sherrod Brown (D-Ohio), one of the responsible politicians who had introduced an unsuccessful bill in 2010 to limit the size to which banks can grow, “When you see the dollars the banks got, it’s hard to make the case these were successful institutions. This is an issue that can unite the Tea Party and Occupy Wall Street. There are lawmakers in both parties who would change their votes now.”

So, how did this billion dollar bailout snowball into trillions?  It's a cumulative effect for sure and trust it to the Wall Street bankers to figure out how to be opportunists and take advantage as much as they could.  The Federal Reserve ended up committing $7.77 trillion in guarantees and lending limits to rescue the financial system.

From Rep. Brad Miller (D-North Carolina), House Financial Services Committee, "With the Fed programs, there was nothing.”  The Fed programs did nothing to limit the program's executive-pay ceiling.

The outrageous amount of money that our central bank parceled out was astounding even to Gary H. Stern, himself president of the Federal Reserve Bank of Minneapolis from 1985 to 2009.  He says even he "was not aware of the magnitude."  It certainly dwarfed the TARP program.  In fact, that $7.77 trillion was more than half the value of everything produced right here in America when they rescued the financial system in 2009.

What we all want to know is how is it that even high-ranking Federal Reserve officials did not know the extent of this bailout?  Who comprised the small group making these decisions and when will they be properly questioned? 

 

Guess how much profit those same Big Banks earned from those TARP bailouts?  Try the cha-ching tune of $13 billion.  The Big Six Big Banks are JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.  The Big Six accounted for $4.8 billion of that $13 billion in ill-gotten gain profits.  Yes, those Big Banks were legendary crooks that snookered the American public and Congress.

So, here's how the crooked scenario goes:  The Big Six received $160 billion in TARP funds and $460 billion from the Federal Reserve.  The program for the entire bailout was leveraged to almost $8 trillion in loans, guarantees and limits.

With all the red ink flowing the details of this financial fiasco were kept hidden by our own Federal Reserve.  Their reasoning was that the secret was necessary because it would spook investors and panic the public to start bank runs, that, in turn, would devastate the shaky economy.  Read that as they didn't want to go to jail or lose their own money in the process. 

What is more astounding is how these same Big Banks continue to make huge loans with only half the amount of cash to cover them.  Don't even get me started on the derivatives market where the ratio is more outrageous like 40 to 1. 

It's the derivatives market that caused the need for the TARP program in the first place.  To date, nothing has been done to restrict or properly regulate these Big Banks from sending us into another financial recession, depression or global economic collapse. 

While the Federal Reserve contends that these Big Banks are "too big to fail" there are many in Congress that contend just the opposite.  A bank that is "too big to fail" is a bank too big to exist.  Perhaps now is the time to revisit Senator Sherrod Brown's legislation to limit the size of banks in this country. Or, in the common man's language:  Break up the Big Banks, NOW!

* * *  Please support Warriors Pearl Foundation - helping homeless female military veterans come home.  Visit Denny Lyon Gifts  @ CafePress.com  -  see what's new!  And a special thanks to those of you supporting this effort!  You rock!

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Jon Stewart Interview: How Your Employer Is Screwing Your Pension Fund

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From Denny:  Ellen Schultz, an investigative reporter, discovered that Big Business has taken the private pension plans for millions of workers - to the tune of 44 million people - and, instead, "turned them into profit centers for their companies."  As a result, the plans are severely underfunded. 

Did you know that as recently as 10 years ago, these same retirement plans were so flush with cash that they   experienced a quarter of a trillion dollar surplus?  

How did they drain that surplus? Big Business did the following:

News Links: Occupy Wall Street Protests 1 - 12 Oct 2011

From Denny:  Occupy Wall Street is finally getting the attention of mainstream media.  Europe, the Middle East and Asia are as fascinated with the protest movement as are Americans.  Wall Street and other Big Business concerns like Fox News have tried to trivialize the anger of America's majority but to no avail.

The protests are growing exponentially as more people from all different walks of life and age groups are lifting up their voices in protest against America's "bought government" and demanding reform from our highest politicians.

Check out how the media's awareness of the movement has evolved from first "why take them seriously" to "OMG! This is the real deal!"  The protest first erupted in New York City in September.  At the time the organizers planned to march for three weeks.  Now that the movement has morphed and evolved, developing a life of its own, organizers threw that plan out of the window, planning to march indefinitely.

News Links for Occupy Wall Street protest:


50 Best: New Occupy Wall Street Protest Signs (12 Oct)

Where Occupy Wall Street succeeds (12 Oct)

Wall Street office cleaners join march for better jobs (12 Oct)

Occupy San Francisco Takes on Wells Fargo (12 Oct)

Most Americans aware of Wall Street protests (12 Oct)

Why Occupy Wall Street isn't about a list of demands (12 Oct)

What should 'Occupy Wall Street' demand? (12 Oct)

Meet the Occupy Wall Street protesters (12 Oct)

NY 'Occupy' protests evolved from magazine appeal (12 Oct)

This video from CBS Sunday Morning features actor Mark Ruffalo, author Michael Lewis and more discussing how the movement has evolved and where it is headed and just how its effectiveness is growing:




Protesters target millionaires' N.Y.C. homes (11 Oct)

Occupy Wall Street "isn't your average protest" (11 Oct)

World intrigued by "Occupy Wall Street" movement (11 Oct)


Occupy Wall Street: Are Their Conclusions Correct? (10 Oct)

Protesters hit Wall Street (10 Oct)

Why 'occupy'? It's personal  (10 Oct)

Dick Gregory says Occupy Wall Street has whiff of 1960s (10 Oct)

NYPD spent $1.9M in overtime on protests (10 Oct)

Feingold on protests: "I'm excited about it" (10 Oct)








CELEBVOCATES: A-LISTERS JOIN THE OCCUPY WALL STREET PROTEST (9 Oct)

UNIONS JOIN OCCUPY WALL STREET (9 Oct)

"Occupy Wall Street" protests spread across U.S. (9 Oct) - video

Wall St. protests: How reform happens (9 Oct)

Glenn Beck: Nation "under assault" by "anti-capitalist extremists" (8 Oct)


Obama, Cantor spar over Occupy Wall Street (7 Oct)

Insight: Occupy Wall St, the start of a new protest era? (7 Oct)



Obama: "Occupy Wall Street" reflects "broad-based frustration" (6 Oct)

How Occupy Wall Street has evolved (6 Oct)

Occupy Wall Street lands on private property (6 Oct)

'Occupy Wall Street': Why It Chose Tumblr (6 Oct)

Biden: The "middle class has been screwed" (6 Oct)

Wall St. protesters fed up with both parties (6 Oct)






NYPD employs corralling to control crowds (5 Oct)

Occupy Wall Street Protests: Where To Find In Your State (4 Oct)

To occupy Wall Street, occupy the internet first (4 Oct)

'Is this Occupy Wall Street thing a big deal?' (4 Oct)

Toon-Off: Occupy Wall Street (4 Oct)



New American Revolution: Protests Rampant Against Wall Street Nationwide (2 Oct)

Hundreds of 'Occupy Wall Street' protesters arrested (1 Oct)

* * *  Please support Warriors Pearl Foundation - helping homeless female military veterans come home.  Visit Denny Lyon Gifts  @ CafePress.com  -  see what's new!  And a special thanks to those of you supporting this effort!  You rock!

 Subscribe in a reader to A Truth Journal

* Check out Dennys News Politics Comedy Science Arts & Food - a place where all my other 20 blogs link so you can choose from among the latest posts all in one place. A free to read online newspaper from independent journalist blogger Denny Lyon. * 

*** THANKS for visiting, feel welcome to drop a comment or opinion, enjoy bookmarking this post on your favorite social site, a big shout out to awesome current subscribers – and if you are new to this blog, please subscribe in a reader or by email updates!

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Occupy Wall Street: Are Their Conclusions Correct?

From Denny:  This new American Revolution, Occupy Wall Street, caught fire across America in less than one month of protests.  OWS is spreading to 25 cities like an oozing peanut butter sandwich overflowing with jam - and is now international too.  There is just something so appealing about this protest movement because of its common ground that cuts across the spectrum of race, gender, lifestyle, generations, education and economic class.

Occupy Wall Street Protests Mantra

Occupy Wall Street protesters have been smart in targeting the lynch pin of American society:  the financial sector.  It is the financial sector that buys the politicians to pass the laws to unleash business to have free rein and never enforce what laws are on the books.

It's the financial sector that buys the police force to intimidate ordinary citizens like those incidents of pepper sprayed women during the protests.  Notice they didn't go after men who could pummel them; they went after women.

Crooked Congress: Should Voters Disband Government, Press Reset?

From Denny: Poll after poll bears out the prevailing American public's opinion of government: they are all crooked and should be thrown out of office.  The real question is this:  Is Congress and this White House so in bed with Big Business with the selling of insider information to hedge fund managers and other crooked dealings that it's time to disband the American government?

As usual, greedy people cannot be slowed down or stopped until they hit a force bigger and stronger than themselves.  Big Business, Congress and this White House are so out of control with their abuse of power that the very people they govern no longer receive any benefit from keeping this government in power.

Think about it:  what does the average citizen get out of government?  We need use of the roads and highways to get to work. Yet, for 30 years now, Congress has refused to use taxpayer money to rebuild and restore America's highways and bridges.  Instead, they allowed the infrastructure to fall apart.

We need a reliable energy infrastructure.  Is Congress doing anything to improve that either?  No.  Our electrical grid is held together by the equivalent of safety pins on a sagging hemline.

What about our trucking industry?  President Obama continues President Bush's sellout by allowing unchecked and unregulated Mexican trucks to drive anywhere they want throughout America.  It's common knowledge that's how the drug cartels move their product and yet a crooked Congress and White House allow it.