The Revolt and The Revolting

This Blog is created to stress the importance of Peace as an environmental directive. “I never give them hell. I just tell the truth and they think it’s hell.” – Harry Truman (I receive no compensation from any entry on this blog.)

Thursday, January 19, 2012

Mr. One Percent can't handle his own reality. His aggressive defensive stance PROVES 'Guilty as charged."


And Mr. One Percent (without a doubt he is) would consider other government constitutions as a potential answer for the USA?  Since when? 

Mr. One Percent is insensitive to the real issues and all his answers to date are to recover his lost Wall Street earnings that make up the most of his income.  It is noted that while Goldman Sachs had a better than expected outcome for the quarter they are still disappointing investors.  I heard complaints about how the earnings across the board aren't the way they used to be.  Well.  No.  I guess not.

Let's get this right, Wall Street is not happy.  Regardless of their earings, they aren't happy.  They are still seeking to 'best' the $14,000 Dow under Former Secretary Paulson.  Spending a few million on candidates is nothing compared to what the 'good ole days' were like.

...With the cost-cutting, (click here) Goldman managed to partially offset a 26 per cent slump in fourth-quarter net revenue and surprise analysts with net income of $1.1bn. That equates to earnings of $1.84 a share, outstripping consensus expectations of $1.23 a share.

The bank’s ratio of total pay to revenue for 2011 was 42.4 per cent – up from 39.3 per cent in 2010, and likely to fuel some arguments that Wall Street still needs to drastically slim down. Shareholders have to contend with a 3.7 per cent return on equity for the full year, though Goldman shares jumped more than 6 per cent to $103.93 in afternoon trading in New York on Wednesday....

A paltry 42.4 percent.  My, my.

January 31, 2007 Goldman's stocks sold for $212.16 per share. 

In 2007, the New York Stock Exchange hit $14,000.  July of 2007 when the banks in the USA were beginning to fail. 

Ruthie Ackerman
07.19.07, 6:15 PM ET

...The Dow Jones (click here) industrial average closed above 14,000 for the first time on Thursday on the heels of a strong technology sector. The comeback was a sign that Wall Street has bounced back after Wednesday’s disappointing earnings reports and testimony by Federal Reserve Chairman Ben Bernanke that the fallout from the subprime debacle would cause substantial financial losses....

Paulson had taken office as Treasury Secretary May of 2006.  This is an article from "Rolling Stone" about Mr. Paulson.

Hank Paulson's Crony Capitalism (click here)

POSTED: December 1, 9:15 AM ET
By Tim Dickinson
Crony capitalism isn't usually this bald. But then again, this is Hank Paulson we're talking about.

This week, Bloomberg reported that in the summer of 2008, while serving as Treasury secretary under president George W. Bush, Paulson gave a gathering of Wall Street titans detailed, inside information about the government's plans for the troubled mortgage giants Fannie Mae and Freddie Mac.

It was July 2008, and Paulson had been insisting in public that Fannie and Freddie would remain privately owned. In private, Paulson gave his former colleagues in the investment banking world a preview of his true intentions: The government would be taking both Freddie and Fannie into conservatorship, largely wiping out stockholders....

What is a little insider trading among friends after all?

On November 28, 2008 Goldman Sachs hit a low at $78.99.  In the long view of Goldman that wasn't bad because before the "Goldman Boom" the stock sold about $86.00 or so.  It was not a high earner and when it started to move it received a great deal of clout in the market.  So, across the spectrum of Wall Street these days there is DISAPPOINTMENT because they don't have the BUBBLE back YET.

Boom or Bust.  It is the way Wall Street likes it and adrenalin is Romney's best friend.  Promise the 1% the return of the $14,000 as a bench mark and all is well for the GOP. 

Yep.

Nothing like the good ole days of George Walker Bush and Dick Cheney.  You could count on them. 

So, 'adrenalin hooked' Mr. One Percent Willard Romney just can't wait to prove that Bain Capital can out perform them all.  Isn't that right Mitt?

Bain is the next Halliburton or is it Goldman?  Be prepared for greater impoverishment and a hotter planet.

Goldman's Five Year Performance graph is at the title to the entry.  Hm?  I wonder.  What was Bain Capital's during this time?
The Revolt and Revolting at 11:40 PM

The count for Romney was 2. That was one, two....

...and the official reporting was 22.  That was twenty-two.  Who was playing with the count?  Where are the charges of fraud?

I don't care if it would not change the outcome for any Iowa county.

This was an official reporting to the State assignment of candidates. 

There needs to be an investigation and every complaint needs to be taken seriously regardless of the final outcome.  Who is playing with the outcomes of the primaries? 

This is a Presidential election, not one for 'your favorite Bozo.'
The Revolt and Revolting at 11:25 PM

The GOP is a joke. They absolutely NEED their billions to buy the elections. No doubt in my mind.

Iowa GOP Chairman Strawn

Not one of the candidates in the debates tonight addressed the incompetency and/or corruption in Iowa.

GOP won't declare a winner of state caucuses (click title to entry - thank you)

By David Pace
Associated Press
January 19, 2012
...The final, certified results announced Thursday in Des Moines by Iowa Republican Chairman Matt Strawn had Rick Santorum 34 votes ahead of Mitt Romney. But Strawn said the party cannot declare a winner because the results are incomplete -- eight of the state's 1,774 precincts did not report their certified totals by Wednesday's 5 p.m. deadline....

The GOP can't competently hold their caucuses and primaries and they actually expect the country to take them seriously for a Presidential Election?

I don't think so.  Not one of the candidates stated they were worried about the gross amount of "human" errors in Iowa that has a strong spell of corruption.  I mean you have got to be joking.  This is the election of a nominee for President of the United States of America and the nation is suppose to look the other way while they supposedly get their act together.

No, no, no!


Romney virtually ignored Iowa until very late while Santorum was there for month after month walking door to door and all of a sudden Romney is the winner?  Tell me that makes sense.  Nothing about the dynamics of Iowa speaks to a party prepared to do political business honestly.  Who paid who?  And when?

It reeks of investigation and no one at the debate even breached the fact the outcomes are suspicious?  There is something very "W"rong here.  Do I have to remind that the year of 2000 was a complete afront to freedom?  This is not a minor issue, but, hey let's just sweep it under the carpet, okay?
The Revolt and Revolting at 10:14 PM

I have yet to hear how any legislator, union official or petroleum industry magnet proposes to protect what is most important. And it ain't the oil.

This is the USA Corn Belt (click here).

...The Corn Belt states of the US are ideal for campervan vacations and the endless miles of grain make great photo opportunities. The down to earth locals of the Corn Belt have a reputation for friendliness and community pride. A holiday in America's Wheat Belt is rewarded with plenty of memoriable sights, experiences and an encounter with old fashioned hospitality few holiday makers will forget.

This is a map of the varied and many routes for the plans of the Keystone Pipeline. 

What the Republicans did in December of 2011 was nothing short of incompetent.  They demanded the pipeline options be expedited to supply less than 10 thousand jobs.

One single accident could do incredible damage to the most productive agricultural land in the world.  Why does anyone honestly vote for these people? 

President Obama made the only decision left open to him and he made that decision competently and dedicated to the best outcome for people of the USA. 

I have never witnessed the expression of more anger and hatred by a Speaker of the USA House in my life.

Speaker Boner stated he does not have the word "Compromise" in his vocabulary.

It is a shame what money does to a person.

The decision by President Obama was not about caving to environmentalists.  There are legitimate concerns about this pipeline. Quite frankly, the final destinations for the sale of the oil out of Texas doesn't exist anymore, so the purpose of the pipeline makes no sense.  None.  The pipeline is has become a political icon and nothing more.

What exactly do we need the oil for?

Springfield, IL   
Wed, Jan 18, 2012   
USDA-IL Dept of Ag Market News
Eastern Cornbelt Ethanol Plant Report (click title to entry - thank you)
The Revolt and Revolting at 12:16 AM

Downsizing = $$$$$$$$$$

Romney states his
? investment ? role in companies touched 100 different and separate companies.

Why didn't the 'investment' result in the development of at least 101 companies?

I'd like to know how the investor actually improved the local economies?

The Former Governor does not want to release his tax reporting because part of what he claims is the USA tax rate is the highest in the world.  Is there really a doubt that the tax rates are precisely where they belong?  When one considers all the deductions, credits and evasions at any cost that actually robs the USA Treasury of its income, Romney has no basis for his statements.  I have said before, the USA tax rate on businesses, not individuals, is more than competitive because the 'effective' tax rate is below that of most other nations.

The tax code needs to be changed to exclude the current structure that allows Mr. Willard One Percent Romney from paying ONLY 15% on personal income.  A new code that demands a rock solid TWENTY-THREE percent Willard and not a penny less.

Mrs. Palin came out today to advocate for a longer primary.  The reasons are hers because it doesn't make sense.  I think she is seeking to have a 'Tea Bagger' in the Presidential spot.  She might even get a second chance at Veep.  But, is it more likely if the GOP can't find a candidate by the end of the primary season, she and Trump might have their own run.  A divided GOP would give a third party a sincere advantage.

Obama Takes Aim at Offshore Tax Havens (click title to entry - thank you)Updated
President Obama will present a set of proposals on Monday aimed at changing international tax policy, calling for the elimination of benefits for companies and wealthy individuals that harbor their cash in offshore accounts....

By JEFF ZELENY
The Revolt and Revolting at 12:01 AM
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