Gee. Who sets the debt ceiling?

Treasury can do whatever it wants with the $700 billion.

Why wouldn’t it go ahead and buy the election?

Hiya Loo Hoo. I don’t know the answer to that, but i know when we’re fucked.

((( Ian )))

((((( Loo Hoo & WDD )))))

How is everybody tonight ?

Oops … looks like I missed all the fun … *g*

Tired, very tired. Got 3 hours sleep last night. On the phone with people about this for a good 7 hours. Especially once we saw the draft of the bill.

“Arbiet Machen Zie Frei” if you will slave you can have food and shelter. The corporation will be given all the money and police power. Zieg Hiel Bushco!

Digg it!

Did you raise your estimate for the bailout from $1 Trillion as yet ?

The Unitary Treasury Secretary cometh

We lowly Americans really DO thank you for what you do….. today and everyday…

All Hail King Paulson….. Hearyea Hearyea here comes the king…..

anybody seen nahant or CTuttle on the threads tonight?

Ian’s earlier Paulson post is climbing at Digg. Please digg and comment, this can go popular and be read by a lot of people by tomorrow.

Careful, Petro, Paulson might be buying up swathes of Canada…! ;-)

Nahant was here. Dunno about CT.

Speak of the devil…! ;-)

Speak of the very devil!!!

I owe you a coke or something.

Dugg … Hiya Eg !

You are doing great…really great it was our money noe it is theirs. They were going to sneak this by! Thank you for getting it out there. Did KO or Rachel talk about it yet?
$700 billion is almost as much as the Iraq/Afghan Wars!

A neighbor who plays the market was all smiles after the 700 point market move. They are stealing value out of the American economy daily. Retiement funds are losing their equities.
Thr plan is to leave the GOVERENMENT bankrupt so the next administration is tapped out…no FRD type program. It is class warfare.

Gee. Who sets the debt ceiling?

Marvin the Martian?

(it needs to be kinda high)

No worries, NeoCons will only buy in the OilSands of Alberta …

Something…! 8-)

That makes me angry … pant pant … very angry indeed …

“The Secretary will have the discretion, in consultation with the Chairman of the Federal Reserve, to purchase other assets, as deemed necessary to effectively stabilize financial markets,” the fact sheet said.

Look for him to find every dead Yugo on the planet.
Why is it that BushCo seems to think that they can do whatever the fuck they want, with other peoples money, without any fucking oversight?

Give me a fucking break!

FUCK!!

Ok, I’m good for a minute now, got that out of my system.

I was gonna say Athabasca, too!

Neuro, any luck with the download last nite?

lol!

Hi WWD, Petro, everybody. This is some scary stuff. We better quick plant our gardens, huh?

You’ll have to be more specific. Tho I always was partial to the bumper sticker “If you loved me, you’d read my mind”

Plenty of Yugo’s in Canada, Busted!

Plant gardens, buy actual things, pay down your debt on stuff like your house and car so that they cant be taken away from you. Buy things you’ll wish you had if the currency loses 90% of its value. Hey! Under the Bush/Cheney maladministration, it’s already lost more than 40% of its value. Halfway there.

CT, I think so but I would like to discuss that with you. Could you e-mail me at my screenname at a o l ?

Maddow has been all over it. Not sure about KO, but I’d be surprised if he hadn’t.

Nope … it’d be better if y’all tell the Dems not to cave in as they are apt to do …

Lol! My wife seems to have adopted that notion…! It can be frustrating at times, I tell ya…! ;-)

The Unitary Treasury Secretary cometh

Boy oh boy is that gonna piss off Darth Dick…

Oh GOD no!
Mechanical nightmares to ensue.
That’s it, I am having a shot.

Sure! brb…

I caught her show last night … she’s great, huh ?

Easy CT, easy now ! *g*

Ian, You’re doing a great job writing about this. It’s such an enormous ripoff, a huge theft in broad daylight. This must be the biggest con in world history. And we didn’t imagine that they could steal much more than they already have. Aren’t we glad that impeachment was taken off the table way back when? It’s amazing that many people still act as if the Bush government is actually trying to solve a problem rather than just stealing.

Ok maybe Palin hasn’t been such a hit in Arizona……. a local restaurant is advertising a pulled pork sandwich with Lipstick on the side…..

A neighbor who plays the market was all smiles after the 700 point market move.

As your attorney, I would advise you to, at about 4:00 A.M., go over and shit on his porch.

No charge.

Maybe Darth has a big piece of action under the table

after all, he has all those NSA files…

That is too funny!

Um … he doesn’t have a Porch, he’s got a Ferrari ! *g*

Hiya, Petro! Reply button be fuckified on my computer… good to see you, I’ve been remiss in my duties of keeping up. And for some reason, I’m watching Marvin the Martiian cartoons on Youtube. (Gee, I wonder what Suz has in store for us tonight?)

Dang, take all the wind outta my sails, eh? 8-P

Get some sleep Ian. You’ve done yeoman duty today and it’s gonna be here tomorrow – tragically, it’s not a bad dream.

Light it on fire. Ring the doorbell.

More free advise…

Oh yeah, I can spell advice. I just can’t type it.

Um … he doesn’t have a Porch, he’s got a Ferrari ! *g*

hmmm… that’s gonna call for two trips – one for the driver’s seat, and one for the passenger’s seat…..

Ian, I’ve been spotlighting your diaries to several media folks, including Paul Krugman. Krugman has a blog, and I’m surprised to see that there are NO comments on his brief entries on this travesty, AND that he hasn’t really identified the parade of horrors that you have.

I was going to try to put together something to comment on his blog, but I realized you could do it SO much better than I. Here’s the link

http://krugman.blogs.nytimes.com/

so I hope you’ll be able to go over there and help him out.

Thanks for your wonderful work.

I haven’t been around the Lake so much these past couple of months … hard at work trying to get my book noticed and published …

The Reps should run Marvin instead of McCain … better chance of winning by pointing to Obama and saying, “Capture that creature and return my elunium pu36 explosive space mo-du-la-torr !”

hey – we got it!

spellcheck is way overrated.

(my computer is telling me I spelled “spellcheck’ wrong) heh.

Truly great work on this subject, Ian !

It’s not clear to me why Hank hasn’t insisted on being made Emperor of the New American Empire in name as well as power, he’s asked for everything else.

Emperor and Saint Nick.

Ho ho ho. Meeeeerry Christmas Wall Street.

Oh, and Main Street?

Here’s a lump of coal.

All this talk about cocktails and such has rendered my thirsty.
If anyone hears from our intrepid front pager and Mod Suzanne, Give her a hug for me. Back later, with a ‘tude.
Fair warning folks. BWAAAAAAAHAHAHAHAHAAAAAAAA

Here’s a link to Digg this post at Kos re: socialist u.s. senator bernie sanders issues list of conditions for bailout

I’ll eat three of those when McLame pulls Palin from the ticket

My brain is just completely broken. It’s frickin’ mind blowing.

Suzanne called from Cloverdale, CA today – on her way back up ‘there’ and making good time.

Bailey and Token are cooperating :)

Right on.
Thanks Lurk.

Lady Liberty has been drugged, bent over with her head held in in a bathtub by Grover Norquist…….Paulson, Cheney, Bush and the rest are loosening their belts and getting in line.

Fucking ghouls, one and all.

-G

I’m laying here, trying to think of England. It’s not working.

I emailed that out to most of my email address book…… with Subject….. “I love Bernie Sanders … “a socialist after my own hear”

I’d really like to be awake for this, but I’m having my doubts…

Think harder! Think faster!

Lurk, sorry about the trouble with that link last nite on LLN. I had no idea my protection was not adequate.

CTuttle is getting me straightened out.

Copied from the epu comments of Ian’s last post:

From Dean Baker, Progressive Conditions for a Bailout. Good points to expand on in letters to congresscritters. Dean’s blog is another good source for everyday economics commentary as well.

Done, thank you.

It is. It’s like an act of war against us. I’m taking it like that. Fight or flight, well, it ain’t gonna be the latter.

ROFL !!!

So if I may be so bold…

Hare Devil Hare

I read this by Bernie yesterday.. on a senate web page, no less. The man is on fire!

Thank you.

Done.

I want to go back to Greece….. sit by the pool at the hotel Amazones…. watch the sun set on the Med and drink dark rich semi-sweet Creta wine that tastes of raisins and sunshine…….

then walk down the hill and eat dinner at our favorite taverna…. fried & stuffed zucchini blossoms and a nice Greek salad….. rabit cooked in wine….. or Grilled Lamb…..

Done.

It is totally an act of war against the American people. I’m freaking out here, because I quite simply CANNOT. WRAP. MY. HEAD. around this concept. How the fuck? Why the fuck? Fuckity fuck? *head explodes*

I’m sure I’m not the only one that wants to go with you!

… add a couple bottles of Araq and I’m there …

Stephen Levy, director and senior economist at the Center for Continuing Study of the California Economy in Palo Alto, said the state’s financial situation is “going to be much worse next year.”

The idea of borrowing billions of dollars against future lottery profits, which lawmakers had hoped would help keep the state solvent into 2010, increasingly appears unfeasible. The banks that would put up the money are fighting for survival, leaving many in the Capitol doubtful that the state would ever see the cash. And voters may choose not to authorize the borrowing when the question comes before them next year.Californis the 9th largest economy on the Planet earth is in the tank with 7.1% unemployment.
“Four years after the revolution Marat is in the institution”…Marat we’re poor and the poor stay poor. Meanwhile the tent cities are growing and the investors are getting trillions promised in well fare. WTF

They’re powerful, they’re corrupt, they are not on our side, and they think they can snooker us.
So they’re doing it, or trying to.

Dunno about neuro, but I did. Been meaning to for some time – appreciated the memory job.

And, sadly, most likely they will get away with it, due a huge variety of factors.

October 4th will mark my 1 year anniversary of my cancer surgery…… and scheduled for my follow up CT scans…. yes that is plural….. chest, abdomen and pelvis…. will probably run around $1200 at my insurance contracted rate AND I get the joy of having to pay for it ALL…… my annual deductible is $1500….

Yeah. Best news evah. Ian u rock like a miracle. Don’t let the neocons no tho.

Because so far they’ve gotten away clean with every scam they’ve worked on us.

But glad you made it!

Eureka Springs is upstairs with tunes!
Late Late Nite FDL: Heart Attack And Vine

Meet me in Parros. We will rent mopeds and ride through the butterfly park.

Well, that sucks! Here’s to a clean bill of health… **CLINK**

Impeachment the firewall was shut down and the neocans viruses are attacking our government. Kuccinich, Dodd and myself has said. I will say it again…until impeachent is back on Pelosi agenda table Bushco will find more ways to destroy this government. Never to late.

Margot, I always admire your clarity.

ES nice catch, Read Bernie Sanders letter. Thank you all for the great leads. FDL has to be the most excellent news sata site on the web. CT military. Ian financials. Murphy Political. And all the other regular daily posters. Thank you all for your dedication. $450 trillion in cdos $62 Trillion in Default Credit Swaps. Shell game. This is the greatest ponzi scheme of all time. Now we the poor are assigned the debt.
Fuck You George, Paul and Ben.

What happens if Commissar Paulson wants to buy your house? Or your wife? Or your eldest child? Or Canada?

Who’s gonna stop him? Chris Dodd? Barney Frank??

Seriously, this must be stopped. It is insanity.

Man up democrats, either the wars or a bail-out, republicans choose or A trillion for wars, a trillion for bailout w? non-negotiable universal health care attached . Look damn it bush ,the unelected ,took the national debt from 5 trillion to eleven trillion in six years ,if we can handle 11 trillion I say throw another trillion for health care.

Its a bit much for us to expect Obama to solve everything himself-if he gets elected. The general electorate, overwhelmed by events, may go for McCain and Sarah as strong problem solvers, never mind they participated in creating the problems and lie every time they open their mouths.

Still it looks like our elected Democrats, those wonderful folks who fear being blamed for anything, will go along with the bailout. Everyone says you can’t let Wall Street go bust, although it already has, and that seems to be that. Perhaps it’s time to think the unthinkable. Lots of discontent is expressed in these comments, but the general feeling seems to be there’s nothing we the people can do about it. Other countries cratered. Maybe it’s our turn.

I just read the draft of the proposed bailout of the banks.

That is not a plan, that is a stickup.

George Bush wants us to give him 700 billion dollars to give to his frinds, no strings attached.

George Bush wants to give hundreds of millions of dollars to crooks, his friends, with no Congressional oversight.

George Bush wants to give 700 billion to the banks with no guarantee we will get the rights to the properties if there is a default.

George Bush wants to give 700 billion to his friends with not rules, and no possibility of Court review if there is more fraud.

Here is a simple plan:

Congress authorizes up to 700 billion to buy securities from the banks.

Congress sets up guidelines to determine which securities we buy.

Congress approves a process to review those purchases.

Congress sets up a payment schedule, and a way to value the securities.

Congress makes all transfers under the plan to start no earlier than March 1, 2009.

Congress authorizes a guarantee today to the banks that these transfers will occur, and allows them to remove the bad securities from their balance sheets.

Congress makes it a Federal Crime, a class B felony to transfer a security in violation of these rules.

Congress makes the transfer of each security in violation of these rules the equivalent of selling one ounce of cocaine for sentencing guidelines purposes.

Congress authorizes the Department of Justice to investigate and prosecute each violation.

OK Teddy. How do you suggest we apply the brakes?

What Department of Justice?

Why Oh Why aren’t old Arizona articles like this blasted out to everyone. I watched Deja Vu with Denzel last night and when I read this article I found I feel like I am Deja Vu’ing all over again!

http://www.phoenixnewtimes.com…..ing-five/1

From 1989 no less!