Month: November 2009

Another Reason To Keep Healthcare In The Private Sector; Fannie & Freddie

I just do not have the financial background to completely understand the incestuous nature of the different government agencies and their connection to each other and Wall Street, nor do I have the time to educate myself on the various workings of saleable tax credits, but I do know that after reading the following article, I am 100% sure that turning any portion of healthcare over to this government would be SUICIDE. "Fannie Mae lost $37.9 billion in the first six months of 2009." Keep calling and emailing your non-reps. and remind them of Fannie and Freddie!  Then, if you…
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Another Blow To Small Business? CIT Files Bankruptcy

I dragged this out of the vault; from July 17th, 2009.  Go here for the timeline of CIT's problematic financial milestones. Glenn Beck & Charles Payne; 7.17.09 CIT Files Its Bankruptcy Plan Customers Gird for Snags; Usually No Chapter 12 for Banks CIT Group Inc. filed for bankruptcy protection Sunday, in a final attempt to restructure and keep the doors open at the century-old commercial lender. Now, the lender to nearly a million small and midsize businesses must maintain its customer base as it tries to rehabilitate under Chapter 11 protection. Most financial firms sell off assets or liquidate in…
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Today’s AYFKM? Award: Scozzafava Endorses Democrat Owens And Still Retains (R) Next To Her Name

ARE YOU FREAKIN' KIDDING ME? The only truly amazing  part about this is that the Republican Party allows Dede Scozzafava to have an (R) next to her name.  Does the GOP have any standards and basis for eligibility in their party, or are they just a bunch of desperate pantywaists that will allow the wolves to eat the sheep and wear their clothing? I'm an independent voter because I like to shop for the best candidate, (usually one that has some kind of moral compass), but I cannot believe the amount of squishy political BS coming from the supposed leadership…
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