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Bill Dudley's Financial Holdings Disclosed At Time Of AIG Bailout
Earlier today, the New York Fed was kind enough to voluntarily disclose the finacial holdings and assets of one former Goldman Sachs employee, and current FRBNY president Bill Dudley. Bill Dudley is also known as the gentleman to have received, when he was stil head of the PPT, aka the Fed's Open Markets Group, a waiver signed by one Tim Geithner on September 19, 2008, allowing him to keep not only his investment in AIG, which was "de minimis" at $1,200, but also in General Electric, which was not de minimis at $106,830. And while his modest holdings of AIG likely did not impact Dudley's protocol of bailing out the failed insurer, his interest in GE, and thus its then fully held subsidiary NBC Universal, parent of such comedy channels as CNBC, could potentially have been a source of conflict. Which is why the Fed has disclosed the full holdings of Dudley as of the 2008 year, in which we find that the bulk of Dudley's net worth was held by JPMorgan Chase Deferred Income Benefit Award (over $1MM) and JPM Chase Deferred Compensation ($500,001-$1,000,000). Was Mr. Dudley also completely conflict free vis-a-vis the bulk of his holdings, and their custodian, and did the New York's Fed largesse to bail out JPM among many others, have anything to do with this particular heretofore unknown detail? Of course not. After all, Jon Corzine is a free man. In other news, anyone who needs urgent access to the discount window or a $1 trillion overnight loan at 0.001% interest, should just call the Fed's 24/7 hotline: 877-52-FRBNY.
This is how the Fed generously classified its release:
In order to promote transparency and in response to media interest, the
Federal Reserve Banks are today making available the financial
disclosure forms and related documents filed by their current presidents
with Federal Reserve Bank ethics officers.
Full Dudley financial disclosure:
Full text of Waiver granted to Bill Dudley, and signed by Tim Geithner:
And as a reference, the New York Fed's code of conduct:
»
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Debt now at 15.3 trillion.
http://www.treasurydirect.gov/NP/BPDLogin?application=np
15,295,052,578,718.01
It's called catch up as the Treasury refills the plundered retirement accounts over the past 3 weeks. Following auction settlement, the number will be $15.4 trillion. There is $1 trillion left until debt ceiling breach, which will be woefully insufficient at a $100bn a month burn rate.
I think that $100b a month burn rate.. that you have mentioned does not factor in the new, new, new eu bailout plan.
"O" wait! that will be handled in secret.. never mind carry on!
and the bailout for American banks who are holding eu bank (trash) paper!
that as well will be handled in the dark recesses of the FED's Anus!
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson
… The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. -Thomas Jefferson
History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. -James Madison
If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations. -Andrew Jackson
The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham Lincoln
Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands. – Theodore Roosevelt
Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow Wilson
Years later, reflecting on the major banks’ control in Washington, President Franklin Roosevelt paid this indirect praise to his distant predecessor President Andrew Jackson, who had “killed” the 2nd Bank of the US (an earlier type of the Federal Reserve System). After Jackson’s administration the bankers’ influence was gradually restored and increased, culminating in the passage of the Federal Reserve Act of 1913. Roosevelt knew this history.
The real truth of the matter is,as you and I know, that a financial
element in the large centers has owned the government ever since
the days of Andrew Jackson… -Franklin D. Roosevelt
(in a letter to Colonel House, dated November 21, 1933)
When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” – Napoleon Bonaparte, Emperor of France, 1815
“The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.” Otto von Bismark (1815-1898), German Chancellor, after the Lincoln assassination
“Money plays the largest part in determining the course of history.” Karl Marx writing in the Communist Manifesto (1848).
“That this House considers that the continued issue of all the means of exchange – be they coin, bank-notes or credit, largely passed on by cheques – by private firms as an interest-bearing debt against the public should cease forthwith; that the Sovereign power and duty of issuing money in all forms should be returned to the Crown, then to be put into circulation free of all debt and interest obligations…” Captain Henry Kerby MP, in an Early Day Motion tabled in 1964.
Fuck it.. there are not enough of us who give a fuck to stop them!
It also does not factor in that fiat is burning at the alter of finance at a most extravagant rate not seen in the history of the only one world fiat standard. Yes, boys and gentlemen, girls and ladies, the dollar has been that one world currencie, but now it has been dispensed like an oil change. It is about time that the burn rate goes into over drive....the debt will need to be compounded to its fullest to keep this ponzi alive. The $10 trillion the EZ has discussed, it's coming. The $100 trillion Davos discussed (last year), it's coming. Dollars dropped from helicopters, oh yes, it's coming.
BREAKING NEWS ON MF GLOBAL
Looks like High Crimes at MF Global, bitchez.
The following paragraphs would be funny if they weren't so pathetic:
After Delay, MF Global’s Missing Money Is TracedThe New York Times
January 31, 2012, 9:42 pm
By BEN PROTESS and AZAM AHMED
After Delay, MF Global’s Missing Money Is TracedWhat is this?
Code for Israeli banks and their secrecy laws?
If the money went to Hapoalim and Leumi then just say so.
The way its written it sounds like it went to China or North Korea.
Another priceless article from the NYT.
While authorities have traced hundreds of millions of dollars to...
Waddell and Reed...
Well, we'll soon see. I think the Federal Reserve has a big surprise waiting on the other side of the next LSAP.
Print !
Well done, JW. Well done.
Your security is not in the hands of Kerry, Bush or al-Qaida. Your security is in your own hands.
Osama bin Laden
Now nobody get nervous, you ain't got nothing to fear. You're being robbed by the John Dillinger Gang, that's the best there is!
John Dillinger
It is the absolute right of the State to supervise the formation of public opinion.
Joseph Goebbels
Education is dangerous - every educated person is a future enemy.
Hermann Goering
Don't worry, don't worry. Look at the Astors and the Vanderbilts, all those big society people. They were the worst thieves - and now look at them. It's just a matter of time.
Meyer Lansky
My rackets are run on strictly American lines and they're going to stay that way.
Al Capone
Good quotes then a fear based cop out? Life is cyclical. Now as then the outcome does not look clear. Since you like quotes:
"All it takes for evil to succeed is for good men to do nothing" Albert Einstein.
"If you will not fight for the right when you
can easily win without bloodshed, if you will
not fight when your victory will be sure and
not so costly, you may come to the moment when
you will have to fight with all the odds against
you and only a precarious chance for survival.
There may be a worse case. You may have to fight
when there is no chance of victory, because it is
better to perish than to live as slaves."
~ Winston Churchill
"In the beginning of change, the Patriot is a scarce man; brave, hated and
scorned. When his cause succeeds, however, the timid join him, for then it
costs nothing to be a patriot"
Mark TwainIt's just all binary streaming columns.
What could possibly go wrong?
15 trillion, 150 trillion, 1500 trillion.
Debt, schmedt.
Deficits don't matter.
Charge it.
If life wasn't so tragic, this would be funny.
The world can no longer afford the elite.
Fuck those royal lineage of scum bags...the sun-worshippers. Eventually you will figure it out.
No, no, I don't know, you said it. How do I know? You said I'm funny. How the fuck am I funny, what the fuck is so funny about me? Tell me, tell me what's funny!
Blotto, as Horace said, famously and perhaps with a smirk at least...
"What prevents us to tell the truth laughingly?"
It's the classic us vs. them construct. Or is it US Vs. Them? Moral Hazard, psycopathic lying, remote killing.... all signs of our times.
We can change it, but the out-rage needs a new expression. More and more, i think they allow these kinds of fora to continue so that people can vent, vent, think they've done some good, just to vent some more again tomorrow.
Blogsphere = Pressure relief Valve for the intelligensia.
ori
/are-we-all-so-fast-asleep/
"What prevents us to tell the truth laughingly?"
brainwashing
elites are all about connections because they don't want to share the secret with an outsider: their success = luck + corruption
True...but i think it goes much deeper than that even...
The secret is massive i think Aldous...
Life altering...where we as people would've lived our whole life totally different.
Thats why im angry.
burn, baby, burn
its all bullish. click buy on stocks, hand over eyes. melt up. we all know AU will lead.
Dudley may or may not be a crook. Dudley IS however, an idiot.
We have enough Doves now that we've reached the point of Groupthink. With a recession staring us in the face, we'll see soon how much support the Democrats really have.
Very bullish.
I called the Fed hotline and Dudley picked up. He promised me the Fed would deposit 87.5 million USD into my account tomorrow morning, at an interest rate of 0.001%, and he wished me luck given that I told him I'm buying Facebook at tomorrow's intraday high with the entire loan.
Just don't count unfunded liabilities. It might add up to more.
prediction: currently U.S Debt projected to increase by $9tn. in the year 2021 equaling ~ $23.5 tn.
we should reach that goal by 2016 at the latest
jmo & prediction
Not to forget, the auto bailout shortfall.
Drive it like it'll burst into flames
OT: Listen to what Michael Hudson says about austrian school economics at 11:15. WTF??!!
http://michael-hudson.com/2012/01/hudson-keiser-on-2012-imperialism/
That was some shit....
Austrian economics actually has the best regulation, It's called hard money, protection of private property ,not replacing labor with printed money and cheap credit, which means less leverage..less risk and more "actual" supply and demand...by proxy more growth....I think michael hudson needs to get a clue. I agree with him on greece, ?They should say fuck you default and teach politicians AND bankers a lesson that soverign debt is an oxymoron and still has risk.
and all of the large financial institutions and the federal reserve would be out of business in a free market society
at some point between Keynsian delusions and flat out projecting shit that just isn't there,
maybe you can post the connection between less leverage and more "actual" supply and demand. I am in the mood for a hearty LOL.
without fractional reserve fiat, the commoners see nada. Their end is stored on a shelf somewhere.
But the lets play pretend is kind of fun.
So with out bankers skimming off 10x more interest then they should be able to acquire and not paying people for taking the risk (IE depositors) the commoner recieves nothing? remove fractional reserve and add in gold/silver and the leverage comes out and prices cease to be bidded to the moon...Higher interest rates will be paid but hey, hard money has a long history of having stable interest rates if you exclude the printing press mad men.
And Austrian economics, like any other discipline, is a very large tent. He labelled it in a way that makes it sound like Greenspan. I agreed with none of his analysis and consider myself a follower of the ideas.
it's hijacked like everything else, but greenspan is not a free market anything, you can not believe in the institution of the federal reserve and be a free market economist, the two are exact opposites, if the very top is a monopoly it defeats the purpose.
greenspan was pro free market until free market came back to bite him on his bubbles. then he became socialist bailout nazi.
Funny you point that out.. it sounded to me that it was his defense of the puported goals of OWS and his work with them he was referring to..
and it was the very moment that I swore at my display and turned that BS segment off.
Seems OWS is diversifying a bit:
http://radio.foxnews.com/toddstarnes/top-stories/occupiers-dump-condoms-...
For my part, although I agree with some of the OWS sentiment, I do not agree wiith almost everything they do.
fox news owned by saudis to control american minds.
saudis used to control citibank.
OWS tries to brainwash your kids into debt slavery?
$1,200? WTF? Not Tepperesque balls to the wall
Was he hoping to make $5 or $10 on that trade or what?
Why is his signature redacted?
These people are fuckin' crazy.
And I remember when major money managers were fucked by the SEC for a mere appearance of a conflict of interest.
Equal application of the Rule of Law is Absolutely Necessary to Rectify the Egregious Wrongs Clearly Apparent in the System.
Until then, things will not get any better, for when those sworn to uphold the rule of law appear (there is no difference between appearance or fact) to be complicit in the crime, confidence evaporates.
I will have you know that the FBI and SEC are to fucking busy with Porn to be bothered with Facts!
Do you hear me Tyler?
Let that be a lesson to ALL! who would Provide facts of impropriety to the Idiot Fed's!
The Fed’s (one and ALL!) are more interested in what kind of post retirement Security Consulting Gig they can hook into on Wall Street by looking the other way than in ANY! type of work let alone Justice!
When will you people let Santa go?
There is NO! Justice in America.. only the Lobby.
That's right JW... Santa screwed the pooch on this one...
It would not have been the end of the world if in 2008 Wall Street went to the wall. No one would have cared. You adapt. Most businesses would have adapted, like they have tried to do since 2008. But we got to deal with the injustice and bullsh*t. You can't adapt to that, instead, you want to see heads roll.
The greatest financial error in history was to bail out dogsh*t.
Corzine.... aka "El Vapo"....can make Dudley's little problem just disappear!
It's good to know someone with that kind of talent. Comes in real handy when you're in politics. Or organized crime.
Hey pal... The Corz is connected...
Free Jon Corzine.
Oh.....wait a minute.......the bastard IS free.
OK......then lock up Jon Corzine. Lock someone, anyone, up for Gods sake..........please!
Exactly! Lock the actually perps up, not some cog in the wheel
According to the newly released report Corzine was in the TOP 60 fundraisers for the re-elect Obama campaign.
Also:
The list includes two fundraisers linked to Solyndra LLC,
the California solar company that received a $528 million federal loan and then
later declared bankruptcy, prompting a federal investigation. Steve Spinner, an
Energy Department adviser, raised at least $500,000 and Steve Westly, a venture
capitalist who was an unpaid adviser to the department, raised between $200,000
and $500,000.
Change you can believe in!
http://www.barackobama.com/pages/volunteer-fundraisers-Q4
http://hosted.ap.org/dynamic/stories/U/US_CAMPAIGN_MONEY_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
#JonCorzineLivingLargeAsAnObamaBundlerInnocenceProject
Corzine! Corzine! Corzine!
What a guy...
Me thinks MF Global was a dry run at seizing customer accounts...
Backdoor Wall Street Bailout
If successful, then when the Merrill Lynch $53 trillion derivatives book crashes... the counter parties (Read: Jamie & Lloyd and the usual Hedge Fund Dicks)... can seize BofA depositor accounts that the ever corrupt Bernank allowed to be moved from Merrill over to the BofA deposit entity...
The FDIC (Read: taxpayer) covers the losses and Wall Street gets a back door bailout since the political hacks in Congress will have no other choice...
Corzine and the Bernank... Bearded cue-bald brothers...
I'll settle for nothing less than a straight jacket, dog collar and ball-gag on national TV for Corzine.
they only lock a hungry person who steals some food to feed his/her family....now that's a crime
What could be happening here? Seriously, this disclosure is pathetic for sure but nothing compared to whats been going on. So, the mkt seems sort of suspended here while we wait for some really really bad news or QE3. The Genius of the Fed to slow down the mkt to a crawl, in light of the news, is unreal. So, they bought time...what are they using it for? What positioning are they making? We live in an HFT Flash Crash World, and given the freakin rampant insolvency its a wonder why S&P'aren't lower but we've been trained by the Fed to wait because so far the sky has not come down. Its ok to be insolvent, Basel Shmazel Tier 1 Capital Fuck-all requirements ....who gives a shit? Really, why apply economic theory at all when none of it is applicable?
Bill Dudley is a fucking thief. Plain and simple.
Your mother's smelly asshole.
He deserves to be cornholed and shot.
Case closed.
Paragraph. Period.
If there's some red meat here this ain't it. If anything Bill Dudley is poor! We're talking what..10 shares of AIG? It could be argued that "yeah, well..he knows what AIG is then!'" Okay. Well...that's his job! Would you rather have the moment AIG needs 100 bazillion the Fed Head say "what's AIG?" And no, 100 grand in GE is not a lot of money. Not even in Peoria! In New York City? hahahahahaha! i imagine even now...when the entirety of there banking system is about to be dismantled THEY STILL TALK DOWN TO THE GUY! PRICELESS!!! GIVE THAT MAN A PROMOTION!
totally agree, $100k in NY? Pathetic. The can check the box about employee disclosure, hooray.
Well there is the $1MM plus in the Vanguard Admiral Treasury MMMF, the Vanguard NJ LT Tax Exempt Fund, both of which generate between $150K and $500K in income amount per year, and of course, the $1MM+ in what appears to be the "Federal Reserve Retirement Theft [sic?] Plan" on page 11 of 190. Would these market sensitive mechanisms constitute "a lot of money."
Not to mention all the other asset holdings that are less than $1MM.
Thank goodness for your resources ( Tyler). I can't wait to chew on the " Managed Income" spectrum. I'll bet private cross collateralization is levered upwards of 20:1.
Appreciate your outlining Dudley's investments Tyler. Always appreciated. We need a "Drudge Report" on this asshole. I just have this creepy feeling that he has another life where he ends the night with crunchy peanut butter dripping fom his dick.
We know something is really fucked, but need the dirt.
BTW - I'll bet Dudley's pencill cock is maxed out at about 3.5 inches. That would explain his wonton need to "inflate".
These pricks blow.
Bank of America Responds to Moynihan Lawsuit - Cites Criminal Act Committed By Rogue Foreclosure Mill Harmon Law
The problem with working as a Financial Predator for other Financial Predators is sometimes they eat YOU.
The link above is in response to this awkward situation...
Bank of America CEO Moynihan to be Named as Defendant in Federal Foreclosure Lawsuit
I hate these bastards.
Moron-ihan... what a maroon...
You think US workers are over paid compared to the rest of the world?
Globalization for US Management
Get a load of incompetent, over paid US corporate management and CEOs...
These stupid fuckers need to be fired, pay cut and their jobs off shored...
"interets in Aig and Ge are not so substantial as to to be deemed likely to affect the integrity."
Sure it never entered the calculus. i look forward to Ben testimony Thursday.
Funny how fodder records for the sheep survive 3+ years , yet 1.2 billion worth of trades vaporizes... Just observing the obvious
OT: This is worth re-linking (from a previous post by another ZH member...)
Jim Sinclair on Greece and ISDA (about 30 minutes but raw and unedited, worth the listen!):
http://www.jsmineset.com/2012/01/30/the-impending-undeclared-default-of-...
Great piece Tylers. I realize that this may be asking for the impossible, ( improbable). Would you fellas mind keeping with us tonight? I have sense that the eur/chf rubber band may snap on these low volumes.
Additionally the BoJ may want to explore a " COAT TAIL " policy. In any case, your presence is requested.
I'll embellish Team G-5 with your coffee mugs. / Thank You Yen
it stinks in here
Wind that ticker up DICK! It's gonna be a chip/CHOPPY week!
Dudley must have removed his butt plug.
1. Hank Paulson jumped from Goldman Sachs CEO to U.S. Treasury Secretary, and when a golden opportunity presented itself proceeded to wipe out Goldman Sachs competitors Bear Stearns and Lehman, to force BoA to swallow a crippled Merrill Lynch, to save GS from billions in counterparty risk at Fannie, Freddie, and AIG, and to allow the Goldman Sachs group to control key positions at the U.S. Treasury and to advise him on how best to enrich Goldman Sachs.
2. Stephen Friedman, then Chairman of the Board of NY Fed, and at same time, a Goldman Sachs Director and big stockholder of Goldman Sachs, claimed he had no conflict of interest in regulating Goldman Sachs.
3. Geithner, then NY Fed President, requested a waiver for the conflict of interest of Goldman Sachs Director Stephen Friedman continuing as Chairman of the Board of NY Fed that regulates Goldman Sachs.
4. Geithner and Friedman insured that William Dudley, former Goldman Sachs executive, got Geithner's job of NY Fed President. Stephen "no conflict of interest" Friedman was chairman of the search committee, and Geithner lobbied the NY Fed to appoint Dudley-do-right-by-Goldman-Sachs as NY Fed President.
5. Current NY Fed President Dudley, former Goldman Sachs executive, was part of the FRBNY organization that destroyed Goldman Sachs competitors Bear Stearns and Lehman Brothers and bailed out of Goldman Sachs thru AIG.
6. U.S. Treasury Secretary Geithner could not be expected to investigate and prosecute NY Federal Reserve Geithner for the dirty deals Geithner made with AIG, Bear Stearns/J.P.Morgan, Goldman Sachs, etc.
7. U.S. Treasury Secretary Hank Paulson could not be expected to investigate and prosecute Goldman Sachs CEO Paulson.
8. Geithner and Paulson have screaming conflicts of interest which should have disqualifed both from serving as U.S. Secretary of Treasury.
9. Now ZeroHedge is exposing more of Dudley's dirty laundry.
10. Thank you ZeroHedge for keeping the heat on these bassturds. Maybe a prosecutor will get off his or her ass, and send these Wall Street scum to prison for 20 years-to-life.
Let's, in honour of the good work that 0-Hedge does, coin a new financial phrase now, that one is known as,
"Pulling A Dudley."
Hereby to be defined as the occurrence of, with direct reference to the financial community, (but not confined to,) obvious criminal behaviour through conflict of interest or other deceit that is admitted, that is admitted without prejudice, well beyond any reasonable period as to be taken seriously as a mistake, forgetfullness, or mere oversight, or any other excuse that may be used to explain said behaviour. The behaviour is then presented with a straight, emboldened face, in its fact, without apology.
•J•
V-V
Is Corzine in prison yet? .........
Once Corzine takes over as treasury secretary he'll make a lot more disappear/vaporize. It's becoming clearer to people the criminalization of Washington has occurred.
I'm sorry, did you guys say something, I'm prepping for the big game this weekend, and I think the Simpsons are on...
They're just releaseing this data, when.... Huh? Shouldn't they do that stuff like immediately.. What, Honey? We need more chips and pop? Okay!
Anyway, I'm sure I'll pay attention to this later...
•?•
V-V
That's wwhat they all say `~ <>~` wwhat are you're plans yes GUY?
PigMen are simply getting richer.
Guys like Ron Paul who try to "buck the system" will continue struggling, wearing cheap suits that don't fit, and driving Chevy Impalas.
Too bad.
All those RP contibutions flushed down the drain.
Imagine all the booze and hookers you could have bought with that money.
We call it " RoboSwill" . Breakfast of perma bulls. " -_-" ...
The pig men are toast, see link.
http://demonocracy.info/infographics/eu/debt_piigs/debt_piigs.html
With time, Robotard's tourettes syndrome-esque episodic lunatic rantings (culled from tonight's 0.000007 point Nielsen Ratings episode of Mad Money) become white noise.
Robotard is like Rain Main, except instead of Judge Wapner,
"of course...of course...Kmart sucks bitchez!"
Actually Kmart's a smart choice. I'm kinda on a budget and my paycheck just doesn't seem to go as far as it used to...
Teleprompter: "Barry, pay attention. Say: I present to you the next Secretary of the US Treasury, William Dudley."
Barry Soetoro: "I present to you the next Secretary of the US Treasury, William Dudley."
Barry Soetoro: "Prompter... Can we get a cheeseburger now?"
Macro and Tech analysis
http://capital3x.com/think-tank/premium-analysis-german-retail-and-japanese-production-data/
Pretty quiet around here tonight. Maybe catch up on some geopolitics...
http://www.bbc.co.uk/news/world-asia-16821218
1 February 2012 Last updated at 00:57 ET
Pakistan is helping Afghan Taliban, says Nato reportThe Taliban in Afghanistan are being directly assisted by Pakistani security services, according to a secret Nato report seen by the BBC.
The leaked report, derived from thousands of interrogations, claims the Taliban remain defiant and have wide support among the Afghan people.
A BBC correspondent says the report is painful reading for international forces and the Afghan government.
<double post>
My 70 year old mother (along with 117,000 others) "wasted" her vote on Mr. Paul today.
I could'nt be prouder.
Screw those piece of shit, lying, pandering, money-grubbing, phony bastards....
I'm pretty sure those were her exact words. She was talking pretty fast.
Way to go mom!
Bless her heart. A toast!
That makes 277,684 votes for Ron Paul. Nice. Romney's got 1,066,535. There's something happening here....what it is ain't exactly clear....
OT- yeah, I did my part
"(NewsCore) - A strong uptick in the sales of booze last year is painting one of the surest signs yet of a return to the pre-recession boom days, according to new data."
http://www.myfoxdc.com/dpps/money/us-alcohol-sales-rise-2-7-percent-in-2011-dpgonc-20120131-kh_17535687#ixzz1l5mUZlas
They don't say "drink your troubles away" because the boom days are returning; they are dreaming.
Beer sales are down. Liquor sales are up but at outlet and State stores. People are saving money and taking the bottle home to drown their sorrows in solitude; not toasting a "recovery" that is a mirage.
http://www.youtube.com/watch?v=ig_3sxhm7Xs&feature=related
...well S.O.S, that's ''shit on a shingle'', Dudley Do Right didn't, justice has fallen through the (Global Agreement for Putzes) GAP again. Lol.
http://www.youtube.com/watch?v=0d27679i-X4&feature=related
Bill Dudley, sounds like a name for an HR for Ways and Means. Lol, or a B H Obomb. http://www.youtube.com/watch?v=RdMY7JUbXis
I think you could have added more about what GE received during the bailout. as I recall their financial division was hurting big time.
This is a post I put on the DaileyPaul reguarding Jack Welsh kids supporting Ron. The Data is from the zip file of the FED Data... IF THE CREATOR OF THE TEMPLATE WORKED FOR ME the work WOULD BE THROWN BACK.. It is not absolute data manupliation Like the BLS or housing and unemployment (simple to check by payrole tax deposits.) Now I do believe in free markets and this CZAR led crony capital stuff is exactly what Japan did... prevent rotation out of usury,,,, I will stop politiczing after Background but just think of the moral hazard of GE floating the comercial paper of the biggest power infistructure manufacturing at the expense of there own product.. This usury central planning has to be changed.... GE BUSINES IS FIANCE HAS BEEN SINCE THEY STOPPED ENGINEERS FROM GOING INTO MANAGMENT... ~1980...
A little background on GE....
Of the New York Fed's nine board members, six are chosen to represent the public. Three of these six are picked by member banks; the other three are selected by the Fed's board of governors in Washington, D.C. The member banks somehow have been able to fill only one of the three "public" board positions, so the public voice is limited to Jeff Immelt, the chairman of GE. Yes, that's right: The chair of GE, one of the nation's largest finance companies, is the only public voice on the New York Fed chosen by the member banks.
Now this information is available from the Bloomberg FED data. Numbers are in millions...
Now this is an incredible conflict of interest.... Now the the FED CLAIMS THAT THE CPFF (Chrysler, General Electric, AIG, GMAC Among CPFF(Commercial Paper Funding Facility) Borrowers) actually made the FED Money.... As an educated Ron Paul supporter we all know the thin air moral hazard sick economy from not liquidating the debt (AKA Japan2.0) and the GDP collapse..
NUMBERS IN MILLIONS
Identified in Fed Documents as: General Electric Co
Capital Raised From Home Governments $0.00
Programs CPFF Fed's Commercial Paper Funding Facility
Country United States
Industry Manufacturing
"Average Daily Balance
From 8/1/2007 to 4/30/2010" $1,451.85
Peak Amount of Debt $16,137.70
Peak Date 11/21/2008
Number of Days In Debt to the Fed 115
Market Cap Percent of Market Cap CPFF
Days In Debt to the Fed 115
HIGH DAYS CPFF Market Cap % CPFF
11/19/2008 $16,087.90 $151,665.06 10.61% $16,087.90
11/20/2008 $16,087.90 $134,766.75 11.94% $16,087.90
11/21/2008 $16,137.70 $147,256.81 10.96% $16,137.70
11/22/2008 $16,137.70 $147,256.81 10.96% $16,137.70
11/23/2008 $16,137.70 $147,256.81 10.96% $16,137.70
11/24/2008 $16,137.70 $160,166.72 10.08% $16,137.70
I appoligize for the GE post being a little off topic but the FED files have the details of every company listed.. in the Article... Very interested in free markets but fear we have educated a couple of generations in the wrong skills... Blow back is a problem.... one in ten American jobs by German companies (some advertizing factoid but think of other countries), tremendious advantages of world by supplying millitary, and currency... All dipolamatic solutions not in the interest of the one percent k street rulers..