This page has been archived and commenting is disabled.

Treasury Responds To SIGTARP Allegations It Is Nothing But A Shady Den Of Incompetent, Manipulative Thieves

Tyler Durden's picture





 

Two days ago, we highlighted the SIGTARP's report in a post titled: "SIGTARP Calls Out Tim Geithner On Various Violations Including Data Manipulation, Lack Of Transparency, "Cruel" Cynicism, And Gross Incompetence." Instead of keeping its mouth shut and hoping that Geithner quits quietly, so the whole scandal can be buried quietly, the Treasury comes out with the most amateur response that is sure to provoke a firestorm of media attacks to what is nothing more than an attempt to manipulate taxpayer perceptions about the government's now legendary capacity for fraud, manipulation and failure. In a nutshell, according to the Treasury the fact that the Treasury itself is able to manipulate AIG's common stock price higher thanks to Brian Sack, is indicative of the success of Geithner's handling of AIG. In the vein of Bill Gross, move over Catch 22, and meet Sammy 22.

First, Geithner henchwoman Jen Psaki confirms her office is not only corrupt and manipulative, it is mostly incompetent.

Some people just don’t like movies with happy endings. How else to explain this week’s report by the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP)? Rather than focusing on the growing evidence we’ve seen in recent months that TARP will be far less costly than anyone expected, SIGTARP instead sought to generate a false controversy over AIG to try and grab a few, cheap headlines.

Last month, the Administration released a new report showing that – after giving effect to a proposed restructuring and based on current market prices – Treasury’s overall investment in AIG is expected to break even or turn a profit.  This valuation reflects AIG’s recently announced exit strategy to pay back taxpayers, including the conversion of Treasury’s illiquid preferred stock stake in that company to 1.7 billion shares of publicly traded common stock.

Unlike the preferred stock we currently hold, AIG’s common stock has a readily identifiable value on the New York Stock Exchange. Under federal accounting rules, we are required to value that common stock at the current market price. And based on current market prices, the sale of that AIG common stock would provide a substantial profit for taxpayers.

The math isn’t that complicated. It’s simple multiplication. Our calculations on AIG are straightforward, and we have published our methodology for all of the American people to see.

SIGTARP, however, incorrectly claims that our report is inconsistent with TARP’s audited financial results from March 2010. And in doing so, SIGTARP seems to be arguing that when Treasury conducts any evaluation of the cost of its investment in AIG, it should pretend that the company’s exit strategy was never announced.

SIGTARP’s analysis seems to be stuck in a time warp if they believe that we should ignore AIG’s exit strategy in evaluating our investment in that company. Moreover, they demonstrate a fundamental misunderstanding of the difference between audited financial results – which are backward looking and represent a snapshot in time – and forward-looking valuations of future profits, such as Treasury’s recent report.

And what is scariest, is that the Treasury itself admits its own calculations for "profit" in all the other companies that have Treasury involvement is now null and void, and subject to great scrutiny.

Additionally, invaluing our expected common stock holdings in AIG,
Treasury employed the exact same methodology we use for valuing the
common stock we own in other publicly traded companies. And we made it
clear that the valuation was based on giving effect to the restructuring
and subject to certain conditions, which AIG is moving to fulfill. The
fact that AIG will raise at least $18 billion in its offering of AIA –
announced in the last few days – brings us one big step closer to
completing the restructuring and ensuring that taxpayers are paid back.

And the piece de resistance:

All of this financial talk can get complicated, but here’s the bottom
line
: Any truly independent observer would say that Treasury’s stake in
AIG will be worth more than taxpayers originally invested in that
company. Of course, as with any investment, prices could rise or fall in
the future. That’s the nature of any financial transaction. But
Treasury is confident that we are in a much stronger position today to
recoup our investment in AIG than two years ago – or even a few short
months ago. And that’s very good news for taxpayers.

And there you have it - don't worry America, be happy - you see, you are all a bunch of dumb idiots, and this is
complicated stuff, so leave it to Timmy. He is honest, and he knows what
he is doing. As for those who do understand the great lie being committed here, well they are all on our side, and would never willingly risk their billion dollar bonuses and expose the gargantuan ponzi scheme created by the Treasury. Now if only someone could explain how game theory works to that pesky Bill Gross....

Full Treasury "facts" on AIG

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 10/27/2010 - 12:05 | Link to Comment TooBearish
TooBearish's picture

CNBS reporting big midtown powow macro hedge funds lookin to put back mgts - they should get with Willie Gross who clearly is of the opinion Ben gonna be buying them too....

Wed, 10/27/2010 - 12:10 | Link to Comment vote_libertaria...
vote_libertarian_party's picture

Well that explains why KBE and most of the WS banks are up today...errr....what?

 

Wed, 10/27/2010 - 12:08 | Link to Comment EscapeKey
EscapeKey's picture

Trust a tax cheat - why wouldn't I? By paying out AIG CDS in full, he truly showed us he's acting exclusively in the interest of taxpayers.

In China, he would have been strung up by now.

Wed, 10/27/2010 - 12:10 | Link to Comment aheady
aheady's picture

It's not too late.

Wed, 10/27/2010 - 12:25 | Link to Comment MarketTruth
MarketTruth's picture

China's government/judicial officials literally kills banksters. In the USA they get huge bonuses.

Wed, 10/27/2010 - 12:14 | Link to Comment SheepDog-One
SheepDog-One's picture

Oh! So 'all is well' declared from the FED! ASSUMING of course that all of the trillions worth of stocks and other junk they hold were successfully sold today at face value its all perfectly stable and faily priced? Do they REALLY think we're all fully retarded?

OK then remove all further POMO's, money printing, purchases of everything at higher prices daily, withdraw it all from the markets and bonds and put back a 4% minimum interest rate! Go ahead I dare ya.

These jokers want to have full manipulation in place at ZIRP, AND declare everything is just fine too! Also, no criminality in any of it at all, how dare you suggest such a thing! Amazing!

Wed, 10/27/2010 - 12:15 | Link to Comment Clark_Griswold ...
Clark_Griswold Hedge Mnger's picture

leave it to Timmy. He is honest,

He's good enough, he's smart enough, and people like him.....

 

Comming from a man who sat infront of Congress and said with a straight face, "Turbo Tax" did not tell him he owed 10K in taxes.....  I can hardly type this with a straight face.

 

If it was you or I it would be 10K, plus interest, plus penalty, plus interest on the penalty, plus extra fees because we are just low life serfs... totaling 100K by the time they are done

Wed, 10/27/2010 - 12:14 | Link to Comment Bob
Bob's picture

Hilarious!  What a bunch of idiots--they definitely should have just kept quiet. 

Wed, 10/27/2010 - 12:18 | Link to Comment uno
uno's picture

do we laugh, cry or run for cover from these idiots.  scary to have this as a thought out public response.

Wed, 10/27/2010 - 12:51 | Link to Comment SheepDog-One
SheepDog-One's picture

Yea really, it reads like the meanderings on paper between bitchy bored Stepford wives during the day when their husbands are away at work...THIS passes for FED official response? My God, we've truely fallen into Bizarro World.

Wed, 10/27/2010 - 15:18 | Link to Comment e_goldstein
e_goldstein's picture

htrae is a boomer construct.

Wed, 10/27/2010 - 12:22 | Link to Comment williambanzai7
williambanzai7's picture

What a joke, they want to mark up to market...Need I say more?

 

Wed, 10/27/2010 - 12:26 | Link to Comment King_of_simpletons
King_of_simpletons's picture

"Welcome to the recovery"

Wed, 10/27/2010 - 12:14 | Link to Comment Cyan Lite
Cyan Lite's picture

Chance this will make any major news outlet?  None.

 

Not even Glenn Beck is willing to cover the financial fraud that is occurring from the Treasury Department.

Wed, 10/27/2010 - 13:40 | Link to Comment Rainman
Rainman's picture

yup......the average peep can't even keep his checkbook straight. Just look at the billions the banks made on overdraft charges. Our goobermint masters and the banksters depend on the confusion and ignorance of the populace like the bare necessities of food and water.....and they also know the MSM dares not risk potential ratings impairment.

Better to give them more Jersey Shore.

Wed, 10/27/2010 - 12:14 | Link to Comment doolittlegeorge
doolittlegeorge's picture

now we're talking.  Character assasination.  Ad hominem attacks.  I sense a Pulitzer right around the corner.

Wed, 10/27/2010 - 12:16 | Link to Comment sweet ebony diamond
sweet ebony diamond's picture

"Some people just don’t like movies with happy endings"

&

Some people don't want to participate in a fraud.

Wed, 10/27/2010 - 12:36 | Link to Comment Problem Is
Problem Is's picture

"Some people just don’t like movies with happy endings"

Movies Are Fiction
Psaki just admitted Treasury is telling a story... not fact...

Poor analogy Jen, my dear Geithner shill...

Wed, 10/27/2010 - 13:01 | Link to Comment frankTHE COIN
frankTHE COIN's picture

"The enemy is well equipped, well trained and battle hardened. We expect nothing less than full victory."

             Dwight Eisenhower- hours before D-Day Landing.

End game commences next week.

Wed, 10/27/2010 - 12:18 | Link to Comment SpeakerFTD
SpeakerFTD's picture

Wow.  I cannot wait for the Treasury to try hit a bid for 1.7 billion shares.  This is the stuff of HFT wet dreams.

Wed, 10/27/2010 - 12:22 | Link to Comment MarketTruth
MarketTruth's picture

Apolgies for the cheap shot, yet he deserves it.

Turbo Timmy does not ever get 'Happy Ending', and that makes sense given his...

Wed, 10/27/2010 - 12:25 | Link to Comment williambanzai7
williambanzai7's picture

No ticky no ending...Happy Valley Massage

Wed, 10/27/2010 - 21:14 | Link to Comment StychoKiller
StychoKiller's picture

No "Clouds and rain" either! ;>D

Wed, 10/27/2010 - 12:24 | Link to Comment Turd Ferguson
Turd Ferguson's picture

Just when I thought I had seen/read everything, along comes this.

The Inspector General drafts a report and it is shouted down by a spokesperson for SecTreas who has the audacity to make the outright nonsensical claim:

Any truly independent observer would say that Treasury’s stake in AIG will be worth more than taxpayers originally invested in that company. 

I'd like to say this is the ultimate in jaw-dropping, bald-faced lying but I'm certain it will only be upstaged by the next, even bigger lie that will come out next week.

Honestly, this is breathtaking! I'm so stunned that I must get up and walk away speechless. Fuck.


Wed, 10/27/2010 - 12:31 | Link to Comment aheady
aheady's picture

Yeah, what exactly is their definition of a truly independent observer???

Wed, 10/27/2010 - 13:02 | Link to Comment unum mountaineer
unum mountaineer's picture

but notice the choice of words..would / should it not read objective observer? Then again, anyone who looks at this objectively and in whole would not even try to side with this shoddy ass argument. i can't stand it..time for a drink...rough week..need some hump day bump music...who's got me?!?

Wed, 10/27/2010 - 14:07 | Link to Comment Andy Lewis
Andy Lewis's picture

A "truly independent observer" is one who's been made independently wealthy via taxpayer-finacned bonuses.  

Wed, 10/27/2010 - 12:57 | Link to Comment SheepDog-One
SheepDog-One's picture

She says all critics are ridiculous, and further states that is so because the FED could easily sell all its trillions in stocks today at face value? A person who says such a thing has to assume everyone else is a complete moron. This is bad right here if this sludge is what passes for official FED statements.

Wed, 10/27/2010 - 13:58 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Honestly, this is breathtaking! I'm so stunned that I must get up and walk away speechless. Fuck.

What does one do when they realize they're locked in the back of a cab on the busy streets of NYC with a cab driver that believes s/he is driving down a country lane devoid of traffic? Or doesn't care if he lives or dies? Or wants to crash the car to collect the insurance? What ever the scenario, it's clear the driver doesn't respect the value of your life in the back seat.

You have exactly three choices. Close your eyes and desperately seek denial to paper over your abject fear and terror. Or scream like help and hope the driver's insanity passes. Or reach through the small opening in the divider and hope you can force the driver to stop and let you out.

Of course, the driver can always smash the gas to the floor and let go of the wheel while he battles with you. Or spin the wheel left or right to force you to let go. Whatever. So where does that leave you?

"We", including the slowly waking general public, are coming to grips with the fact that we've been in the back seat of this cab for decades and are only now recognizing the true danger we're in. Exactly when did the German public realize Hitler had placed their country on a collision course with insanity? And what did they do once they recognized this?

Wed, 10/27/2010 - 21:23 | Link to Comment razorthin
razorthin's picture

And as such, Merkle is scared and smart enough to know that another Weimar could produce another Hitler.

Apparently we're not.

Wed, 10/27/2010 - 13:04 | Link to Comment jus_lite_reading
jus_lite_reading's picture

Expect the depth of the lies will accelerate more rapidly as we approach the climax of critical mass. Remember, Enron's happy face until zero hour?

168:32:02

Wed, 10/27/2010 - 12:31 | Link to Comment mikla
mikla's picture

OMG.

I never would have believed the Treasury would be so stupid as to post something like this.

They are clueless idiots, daytrading at taxpayer expense, without any concept of risk adjusted return.  They have no understanding of asset/liability reporting, discussion of basis, and the time-value-of-money.  They assume zero cost (and zero liability) on rampant use of the "government credit rating".  The public is "too stupid" to buy at the prices the Treasury will pay, so the Treasury must speculate based on future expected tax receipts to buy assets in publicly-traded companies in the expectation of ... what again?  .... making an expected future "profit", as if that meant something?

I see no discussion of (1) provisioning for the scenario of a loss, (2) the appropriateness of putting the Treasury in the positioning for a loss, and (3) the assertion that this activity is *not* to merely favor a few institutions that curry political favour (e.g., the decisions were made due to corruption and graft, and through betrayal of the taxpayer).

OMG.  I can't even get my head around this.

Wed, 10/27/2010 - 12:48 | Link to Comment economessed
economessed's picture

Psaki is all of about 33 years old.  Not being of giant intellect, she really didn't know what she was getting herself into.  When asked "Do you want to work for the people?", she thought she was being offered a job working for People Magazine.  "Oh, YES!" she replied.  Only later did she discover that she had to write about "complicated stuff."  This has been a profound disappointment to her, as she desperately wants to return to her field of tabloid journalism, where she can write about celebrity choices of handbags, restaurant sightings, and relationship difficulties -- you know, the stuff that kids her age understand and pay attention to.

Wed, 10/27/2010 - 13:59 | Link to Comment mikla
mikla's picture

<through tears>

Ok, then I guess we absolutely cannot address the FUNDAMENTAL ASSERTION by SIGTARP that (4) the Treasury's actions provide a market distortion, and the Treasury's "reporting" on its actions (intentionally or accidentally) mask this market distortion.

</through tears>

Still ... OMG.

Wed, 10/27/2010 - 12:51 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

First, Geithner henchwoman Jen Psaki confirms her office is not only corrupt and manipulative, it is mostly incompetent.

More accurately described as a "psyops henchwoman".

And more importantly, one of the grand master "keepers of the public myth/lie". Always remember that the public lie is not intended to convince or sway people who do not believe the lie. It is intended to keep the self deluded within the fold and from bolting the ranks.

Daddy, tell me another lie so that I may believe it's the truth.

As for those who do understand the great lie being committed here, well they are all on our side, and would never willingly risk their billion dollar bonuses and expose the gargantuan ponzi scheme created by the Treasury.

The genius of "The Big Lie" or "Great Lie" is that the average Joe would never ever dream of trying to pass off a lie of this magnitude because they feel they could never get away with such an obvious BIG lie. Thus the average Joe naively believes that while government is most certainly capable of little lies, just like average Joe, government would never ever lie BIG because it would be so obvious. In fact, the Big Lie is never obvious because the average Joe doesn't expect it. This may sound simplistic but it's very consistent with average Joe psychology. 

Wed, 10/27/2010 - 12:55 | Link to Comment SheepDog-One
SheepDog-One's picture

I bet 95% of americans dont know what POMO is, or have even heard the word before. Dumbed-down america has no clue whats going on, so instead of this letter as a cleverly crafted propaganda tool for the masses, the FED could easily have just yelled 'CAKE' and gotten the same result. No one knows nothin.

Wed, 10/27/2010 - 14:33 | Link to Comment ATM
ATM's picture

95% of people in the financail business don't know what POMO is! I'd bet that the general public percentage is somehting like 99.9938742% don't know and I think I'm eing generous.

Wed, 10/27/2010 - 15:06 | Link to Comment XPEH BAM
XPEH BAM's picture

That's all fine and good, but what time does American Idol start?

Wed, 10/27/2010 - 13:38 | Link to Comment Astute Investor
Astute Investor's picture

Psaki is only functioning as Geithner's / Treasury's henchwoman on an ad-hoc basis.  A 2000 graduate of William & Mary, her official title is Deputy Press Secretary / Special Assistant to President Obama.  Given her profile in Elle Magazine, her qualifications to opine on any financial matter beyond balancing one's own checkbook would appear to be nil.

http://www.elle.com/Fashion/Fashion-Spotlight/Capital-Cool/Bold-Ideas

Wed, 10/27/2010 - 16:32 | Link to Comment bullwinkle
bullwinkle's picture

Thanks for the link Astute,

"Presidential Points of Interest: Campaign highlights include staying up late on the plane with the Obamas playing board games and eating junk food. Was formerly an ice cream scooper for Baskin-Robbins. "

 

Yep, don't worry about the complicated stuff, she's got it covered.

Wed, 10/27/2010 - 16:12 | Link to Comment the rookie cynic
the rookie cynic's picture

They've taken a page right out of Propaganda For Dummies, author Joseph Goebbels.

Wed, 10/27/2010 - 16:35 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Old school techniques updated for the digital age.

Wed, 10/27/2010 - 12:52 | Link to Comment Turd Ferguson
Turd Ferguson's picture

"The genius of "The Big Lie" is that the average Joe would never ever dream of trying to pass off a lie of this magnitude. Thus the average Joe naively believes that while government is most certainly capable of little lies just like average Joe, government would never ever lie big. This may sound simplistic but it's very consistent with average Joe psychology. "

Well said, CD. Furthermore, Average Joe has zero education regarding finance and civics. Average Joe is mainly concerned with mortgage payments and his NFL fantasy league. Therefore, parade some dumb broad like Jen out there for the cameras and let her tell her lies. CNBS will then report it as fact and the whole issue is put to bed.


Wed, 10/27/2010 - 13:03 | Link to Comment MainStMonkey
MainStMonkey's picture

Well, they are idiots, sort of...They are playing a perfect game! Have all of us "smart folk" talk about how stupid they are and then they get a pass, at least for long enough to cloud the issue to keep them and their buddies in the good seats. It's like the insane defense. People, when they recognize insanity, like its some form of clinical defense, give folks a pass when it comes to bad behavior. I think Bush Jr. was brilliant in cultivating a retarded personality. He got pretty much whatever he wanted for 6 years. Obama, and this whole bunch of fucking crooks is pulling the same shit here!

If I were them I would put in OVERTIME in letting you know how fucking stupid I am! It give everybody something to bitch about (and we all know everyone-myself included-likes to bitch!).

Wed, 10/27/2010 - 13:06 | Link to Comment jus_lite_reading
jus_lite_reading's picture

I suppose they are also doing "God's work"... at YOUR expense.

Wed, 10/27/2010 - 13:11 | Link to Comment the not so migh...
the not so mighty maximiza's picture

It almost sounds like she had her head banged against the bed post too hard last night. Makes no sense, they can't create jobs but they can create profits for the taxpayer..  please

Wed, 10/27/2010 - 13:50 | Link to Comment The Bandit
The Bandit's picture

"Treasury employed the exact same methodology we use for valuing the common stock we own in other publicly traded companies."  Why is the Treasury owning stock period? I'm at a loss why they have a method for something they don't need to be doing anyway!  

Wed, 10/27/2010 - 13:53 | Link to Comment gookempucky
gookempucky's picture

Everything is total twister-double time-make sense of this;from the AP

The Commerce Department says new home sales in September grew 6.6 percent from a month earlier to a seasonally adjusted annual sales pace of 307,000. Even with the increase, the past five months have been the worst for new home sales on records dating back to 1963.

AND in the same story

The number of unsold new homes on the market fell to 204,000, the lowest since July 1968. At the current sales pace, it would take about eight months to exhaust that supply, compared with a healthy level of about six months.

Now the riddle;;;; How many homes are there on the market to include REO-New-newbuilds-foreclosed-supposed to be built -supposed to be sold-supposed to be bought----answer NODODY KNOWS. CD's genius of the big lie is alive and well.

Wed, 10/27/2010 - 14:30 | Link to Comment Immanuel Cunt
Immanuel Cunt's picture

Tyler for President.

Wed, 10/27/2010 - 14:35 | Link to Comment Crab Cake
Crab Cake's picture

I really don't care what Geithner says, and I don't care what any politician or bankster has to say.

I'm done with it.  I'm done with Wall St, I'm done with the two headed political monster in DC; fuck'em all.

Faith = 0

Wed, 10/27/2010 - 14:38 | Link to Comment The Alarmist
The Alarmist's picture

I remember a time when there was respect for the Constitution and some nodding acceptance of the Rule of Law rather than the Rule of Men.  Now that people who dare to utter a sentence mentioning either the Constution or Rule of Law are openly denounced as extremists and nutjobs, I guess it is OK for TPTB to no longer even bother going through the motions of being accountable under the laws of the land.

Sigh ... we are doomed!

Wed, 10/27/2010 - 14:52 | Link to Comment ebworthen
ebworthen's picture

This chick was part of the fake Presidential seal Ohbama was using on the campaign trail.

The one that had "Vero Possumus" or supposedly "Yes We Can" in Latin on it.

http://www.usatoday.com/news/politics/election2008/2008-06-23-obama-seal_N.htm

Jen Psaki is listed at the end of the article saying that the seal was "...only intended for that event" after controversy erupted. 

We should not be surprised at the sophomoric tone and content of this idiotic response defending Timmy the lying tax cheat.

Adults are not in charge.

 

Wed, 10/27/2010 - 17:26 | Link to Comment TuesdayBen
TuesdayBen's picture

Here's an appropriately light bio on Jen.  She started out scoopin' ice cream at Baskin Robbins.  Now she scoops out bullshit at the White House:

http://www.elle.com/Fashion/Fashion-Spotlight/Capital-Cool/Bold-Ideas

Wed, 10/27/2010 - 16:10 | Link to Comment moofph
moofph's picture

...as truly independent observer, i say "thanks SIGTARP" and "no thanks" to you Paski.

...and a special big thanks to tyler.

Wed, 10/27/2010 - 21:09 | Link to Comment StychoKiller
StychoKiller's picture

Just like "Friends don't let friends drive drunk", Citizens shouldn't let Govt Depts manage corporations! 

Wed, 11/03/2010 - 21:23 | Link to Comment cheap uggs for sale
cheap uggs for sale's picture

We have all cheap uggs for sale in our website http://www.salesuggs.org ! You can meet all your needs for UGG hot sale here and will certainly be satisfied with the top quality at low price. All UGGs on sale are made with the 100% genuine sheepskin from Australia and are hand-made in our own factory completely. So you need no to worry about the quality and the cheap UGGs for sale are all to be delivered in free shipping. Enjoy the large discount!
1.
UGG Amberlee
|UGG Kensington
|UGG Elsey
|UGG Langley
|UGG Roxy Short
|UGG Roseberry
|UGG Oliviya
|UGG Raya
UGG Brookfield Short

Thu, 11/04/2010 - 02:47 | Link to Comment cheap uggs for sale
cheap uggs for sale's picture
Many like to prefer this footwear for cheap uggs on sale. its stylish and comfort aspects that charms as well as eases your feet with utmost convenience. Earlier, people use to wear cheap uggs bootsto keep their feet warm in cold weather but now in modern time people prefer them to gain a great appearance.UGGS on sale.Such as:UGG Adirondack|UGG Bailey Button Triplet|UGG Brookfield|UGG Cardy|UGG Delaine|UGG Elsey|UGG Gissella|UGG Highkoo|UGG Kensington|UGG Knightsbridge|UGG Langley|UGG Mayfaire|UGG Roseberry|UGG Roxy|UGG Upside| UGG Amberlee| UGG Oliviya| UGG Gaviota|UGG Desoto|UGG Bailey Button |UGG Brookfield short|UGG Swell .
Thu, 12/09/2010 - 10:20 | Link to Comment senthil456
senthil456's picture

I love zerohedge policy.
windows vps
cheap hosting
forex vps

Do NOT follow this link or you will be banned from the site!