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Posts Tagged ‘TARP’

From Karl Denninger. Send THIS to Your Congressman

11 Aug

Karl Denninger
I just received one of the famous “fundraising calls” from the RNC.

They were soliciting people to give them money (and tried for slightly over $3k!) to “stop Obama’s Health Care plan that will cost $1 trillion.”

Oh boy did that poor sap get an earful.

I “explained” that:

$1 trillion is a lot of money. $12 trillion is a lot more, and that’s how much the RNC has allowed to be pissed away backstopping and rewarding people who have stolen from the American people through bailouts and handouts, all of which have gone to the very people doing the stealing!
John McCain, to whom I gave a significant campaign donation, returned my favor by suspending his campaign to push through the EESA/TARP, a bill that by 300:1 margins the American People opposed.

If the Republicans are the party of the people why is it that they are allowing these bankers to steal over $30 billion dollars by re-ordering transactions to generate the MAXIMUM in overdraft fees? That’s FRAUD and yet it was under a REPUBLICAN administration that this happened.
The Republicans have for years presented themselves as “conservatives” and the party of “family values.” Why is it that “conservative” doesn’t include calling for EACH AND EVERY ONE OF THESE SCAMMERS TO BE THROWN IN PRISON and WHY IS IT THAT I KEEP HEARING ABOUT SOME FLOOZY SCANDAL FROM THESE SO-CALLED “FAMILY VALUES” CHAMPIONS?

The ONLY difference between the RNC and DNC is that the DNC tells me up front that the Democrats intend to gang-rape me at the outset. The Republicans claim to intend to protect me, but then after I lower my guard I am violated from behind without warning. This is unacceptable but if I am forced to choose between being warned first and being lied to I’ll take the warning thank you very little.

I made clear to THE RNC that if they want one thin dime from me they can call again when every Republican Senator and Representative masses together on the steps of the Capitol and states in one loud, clear voice for all in America and every TV Network:

We will do no more work nor vote for any other action until each and every one of the banksters, scammers and frauds that destroyed our American economy is under indictment and facing charges for their criminal acts, and the improperly granted bailout funds – all of them – are CLAWED BACK from these frauds to the maximum possible extent.

We will do no more work until the banks are required to process transactions in the order they come in and are PROHIBITED BY LAW from charging “overdraft fees” under any other than an existing, voluntarily-subscribed and OPTED IN overdraft LINE OF CREDIT.

We will do no more work until the scammers currently dumping garbage into the FHA are STOPPED AND PROSECUTED and the FHA program is reworked to require 20% DOWN PAYMENTS, 36% DTI maximums and FULL UNDERWRITING with CRIMINAL PENALTIES for false submissions irrespective of who makes them.

We will pledge to shut our pie holes about “family values” until each and every one of us can keep our penis in our pants, except when used to urinate or have sexual congress with our WIFE or SIGNIFICANT OTHER, and the HYPOCRITES in this regard have RESIGNED – all of them – forthwith.

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What Could be Better For Democrats

01 Mar

Yesterday talk show host Rusher Limbat again reiterated his desire to see President Obama fail.

In a 90-minute session, Limbaugh dismissed calls for bipartisan cooperation with President Obama and congressional Democrats. Working with them is tantamount to being co-opted by liberals eager to impose big government across the land, he said.

“Where the hell do we get to compromise when we believe in our principles?” Limbaugh told the cheering crowd. “It’s a tough challenge, but it’s worth it.”

Republicans in Washington should try to obstruct Obama’s agenda at every turn, said Limbaugh, dressed in open-collar shirt and blazer, a contrast with the blue blazer and tie uniform of many attendees.

The limp Rushdick is a boon to Democrats. In my opinion if republicans are seen as opposing this actively and it does fail, how will they be perceived by the public? As roadblocks and everything that a failure is made up of. Actively standing up and stating your purpose is to make sure Obama fails is tantamont to suicide for republicans. Republicans must now understand they are a minority in this land that Bush made, and that public perception of them as losers is not on their side.

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