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Odds and Ends - Time Marches On

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Posted by:   bobo 2/23/2008 10:14 PM

NCANS, the National Coalition Against Naked Shortselling, is going to get a facelift and a new name, and also 501c status.  The new name will be the National Investor Protection Coalition, which is actually more in line with the broad idea of the organization - investors need to be protected by someone, and if the SEC and judicial system are going to play look the other way days while the retirement savings of America are looted by international criminal syndicates, privateering hedge funds, and amoral banks and brokerages, somebody needs to step up to the plate and take action for the little guys.

We are seeing the result of allowing Wall Street to basically run unchecked through the financial system, with the current MBS and derivative fiasco. If history has taught us anything it is that self policing doesn't work when big money is involved. Why our elected officials and media become strangely deaf, dumb and blind when that topic comes up, is probably as difficult to comprehend as why CNBC cuts any discussion of naked short selling off at the knees - even as the house of cards collapses, they do their duty by their wall street paymasters and feign ignorance of the issue, blocking any coverage just as surely as China censors discussion of dissenting opinion.

The big lie is that we live in a free and superior society. I think a more accurate description is that we live in a consumer driven society, where our freedoms have been gladly traded for gadgets and jargon and slogans. We have traded the Bill of Rights for ipods and hybrid vehicles and brown-skinned people we can all agree to despise. We conveniently ignore evidence that we are now in the final stages of the Roman Empire - our dollar is basically good for stuffing pillows and wrapping fish, we feel completely powerless against our ruler/masters, and we are satiated with spectacle rather than outraged by injustice. It's not a positive state of affairs, and we have exported our living on borrowed time to the rest of the world, which is just now awakening to the idea that Wall Street is willing to sell its soul for a few good bonuses, and subject the entire planet to outsized risk if it means a 25-year old Wharton grad can drive a Maybach and lease a Citation X.

But back to the artist formerly known as NCANS.

The new organization has been working on a bombshell project that basically paints the SEC into a corner WRT it's treatment of the securities laws. Apparently the quislings at the SEC feel it's OK to ignore the express wishes of Congress, as well as the letter of the law, so that their future employers on Wall Street can enjoy more while everyone else tries to get by on less. The NIPC project is going to make it very difficult to keep that up. It's not the sort of thing that can be ignored away, or 'lil GW'd into a tunnel of lies (check out the latest on that psycho at this site and also at antisocialmedia.net). Rather, it requires that the cops do what they are supposed to be doing, rather than what their puppet-masters have them doing. Stay tuned for more on that over the next month or so.

I hope everyone took my advice a year or so ago, and got the hell out of the market, and bought commodities like gold and platinum rather than forking over your savings to the den of thieves. If you didn't, believe me, I sympathize. Everyone wants to believe the Wall Street and media lie that you can have something for nothing. Take, for instance, the fascination on up days with proclaiming that bulls are back, etc. Does anyone buy this crap? Hasn't it occurred to everyone that if you measure Wall Street's performance over the last couple of years, and value the indexes using something besides dollars - like any other first world currency or basket of them - that we are down 30 or 40%? How does the S&P being up 10% one year stack up to the dollar dropping more than that against oil, and gold, and Aussie or Canadian dollars, or euros, or pounds? Folks, this is a shell game, and you are the grist for the wall street mill. You can't win in this casino - the only ones who will win consistently are the casino owners. What else is new?
Copyright ©2008 Bob O'Brien
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Comments (30)
Re: Odds and Ends - Time Marches On By Sean on 2/24/2008 8:48 AM
I thought people should see that these crooks have no bounds

http://money.aol.com/news/articles/retirement/_a/scam-bilks-seniors-out-of-190-million/20080222094009990001
Re: Odds and Ends - Time Marches On By lenofus on 2/24/2008 8:49 AM
Somebody's gotta do it. Anybody else notice that, if a stock CNBC discusses is on SHO, they never mention it? Even on Fast Money, they discuss the prospects for the advance of some issue, but if it's naked shorted, they never mention it?

How can you talk about any stock and ignore the fact that the short position may eclipse the float by a multiple? It has to be a corporate policy. And if that's the case, there is nothing on the network that can be trusted.
Re: Odds and Ends - Time Marches On By rick on 3/5/2008 9:28 PM
Great to see you are all alive and well, and mad, and doing something about it.
Re: Odds and Ends - Time Marches On By Divieden on 3/5/2008 9:28 PM
Judd,

The Wiki Arbcom case on Lil'GW has really heated up the last couple of days. See
http://en.wikipedia.org/wiki/Wikipedia_talk:Requests_for_arbitration/Mantanmoreland/Evidence#Now_wait_just_a_cottonpicking_minute_before_we_close_this_down
Re: Odds and Ends - Time Marches On By Sean on 3/5/2008 9:29 PM

Do you guys thinks we are still crazy or what? LOL!!

SEC proposes tougher "naked" short selling rules
Tue Mar 4, 2008 5:01pm EST

WASHINGTON, March 4 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday proposed tougher rules to curb so-called "naked" short-selling abuses and prevent market price manipulation.

SEC Chairman Christopher Cox said regulation SHO, an existing rule partly aimed at short selling abuses, "needs teeth."

Short sellers borrow shares they consider overvalued and sell them. If the price drops, they repurchase the shares, return them and pocket the difference. In a naked short sale, the investor sells stock that has not yet been borrowed.

The three-member SEC voted unanimously to propose the rule, which targets sellers who intentionally deceive broker-dealers or purchasers about their ability to meet delivery deadlines.

Sellers sometimes deliberately fail to deliver securities as part of a scheme to manipulate the stock price.

The SEC is seeking public comment on its proposal.

(Reporting by Rachelle Younglai, editing by Richard Chang)



© Reuters 2008 All rights reserved


http://www.reuters.com/article/governmentFilingsNews/idUSN0446331920080304
Re: Odds and Ends - Time Marches On By average working stiff here on 3/5/2008 9:30 PM
bravo bob,
glad to hear some wisdoms from you again. an effective clearing house organization just for investor protection...wow, what a concept. can we amerikans organize anything effective anymore without just consuming it from the corporations...hope so.
my misgivings about this center around the time & effort needed from us working stiffs. we're on a tight collar as it is right now...traveling to THE JOB, THE JOB, still reconciling xmas payments, got health checkup after new year (good thing). but had to contest some medical forms about bloodwork. next, had to work on FAFSA, those killer college bills, loans. just finished prep work for contesting my local property tax assessments. and now, to the ever present income tax fun.
oh, had big leak in bathroom sink, let it go too long & now have rotten pipes. this will take lots of time. finally, we have to replace auto...this time, used car shopping... again, our time is so damn limited.
don't mean to be so negative...just looking thru real colored glasses.
can make a small donation for research legwork. have access to daily wall st.journal at work if that info needed. and i'm near the belly of the beast, just outside nyc.

and i agree w. most of your points above except the brown skinned people "problem". i assume you mean undocumented migrants. it's not a like/dislike of the people. most people i know nowadays couldn't give a rats ass about color of skin or superficial features...only skin deep, who the f...cares.
it's the invading our space thing. hell, working amerikans are just treading water.
these young and very needy immigrants will become fierce competition for our resources. plain & simple. but, hopefully mexico & central amerika will progress & get some accountable gubmint for its people. hell, maybe even we can.

and great contribution on feb 28 on other blog on this site from?? patch, i think.
all should read i& spread the word
Re: Odds and Ends - Time Marches On By oldfeller on 3/5/2008 9:32 PM
What kind of baloney is this? I can`t find anything on the sec website. I wish they would explain why the existing rules are not enforced.

http://biz.yahoo.com/ap/080304/sec_short_sales.html?.v=1
Re: Odds and Ends - Time Marches On By Sean on 3/5/2008 9:33 PM
I hope you guys read this article

Wednesday, March 5, 2008


Home > News
Russian Mafia in bed with Wall Street, CEO says
By: Dan Treasure
Issue date: 3/5/08 Section: News
PrintEmail Article Tools Page 1 of 1
Media Credit: Aaron Schwendiman
Patrick Byrne, the founder of Overstock.com, discusses the shady underpinnings of "naked short selling."


Every day, thousands of Americans look to invest their money in stocks, and many of them go through brokers and traders to simplify the process.

Unfortunately, according to Overstock.com CEO Patrick Byrne, a majority of those purchasers will be victims of Wall Street's criminal tactics and will help line the pockets of corrupt brokers and lawyers. Byrne, a Utahn who founded Overstock.com, talked to a crowd in the Union on Monday about how New York financial media and law firms have teamed up with big-wig business elites to create massive amounts of profit at the cost of American consumers.

Byrne said when someone purchases a stock, there is a three-day stock settlement period during which a broker or a trader must provide a purchaser with that stock. However, through loopholes in the system, brokers and traders can legally not provide you with that stock almost indefinitely, giving the purchaser an IOU instead, Byrne said.

"It's my thesis that certain people have figured out how they can abuse that loophole, and flood the market...often in connivance with a broker dealer," he said.

Through this "flooding," the brokers can essentially issue the same stock to hundreds of people at no penalty. By increasing the supply of stocks, these dealers can dramatically drop the price according to the laws of supply and demand.

Byrne showed how the "cheating parties" make money off of a stock price dropping through a process called "naked short selling."

In brief, Byrne showed that "naked short selling" is a three-step process. First, certain people (in this case journalists and lawyers in the New York financial industry) receive word from brokers that a specific corporation's stock prices are about to fall and are given a certain number of shares for that company. Next, these reporters or lawyers immediately sell those stocks at the high price. The brokerage dealers then flood the market with IOUs, tanking the price. The lawyer or journalist then buys back the same number of stocks sold, only this time at a fraction of the cost. They then cut the brokers a percentage of the profits gained.

These methods are used to create huge profits, often killing the victimized corporation in the process, and leaving the purchaser high and dry, Byrne said.

In his efforts to stop this charade, Byrne filed a $3.5 billion lawsuit against Goldman Sachs, Morgan Stanley and nine other well-known brokers. Byrne said numerous publications, including the New York Post and Forbes magazine, have protested his "crusade," painting him as a crazed lunatic who is angry about Overstock.com's own stock price drop. Byrne said the Mafia has become a silent player in the Wall Street game.

"You don't have to dig very far into this before you get to organized crime," he said.

As an example of its involvement, Byrne told a story from a trip to the East Coast.

"About 15 months ago I was invited by a stranger into a greasy bar in Long Island," he said.

Claiming that he was Russian, the informant told him, "We have a message from Russia. We are about to kill you. We are about to kill if you if don't back down."

Additionally, Byrne remarked on how his business partner, Mark Mitchell, was assaulted in New York and told to stay away from author Gary Weiss, a critic of Byrne's theory on "naked short selling." Weiss published the book Born to Steal, which is about the Mafia's infiltration of Wall Street since the 1990s.

"I've been looking at this for two years, and I'm pretty much convinced this is the single biggest scandal in the history of American journalism," said Mitchell, a former financial writer for Time magazine who is involved in the lawsuit.

Byrne posted the presentation to his website, www.deepcapture.com, along with a blog to document his "crusade" against Wall Street.


d.treasure@chronicle.utah.edu
Re: Odds and Ends - Time Marches On By Sean on 3/10/2008 10:06 AM
When this starts happening ote all HELL is about to break loose!!!





Carlyle Group Affiliate Fails To Make Some Margin Payments
By Simon Kennedy

...

LONDON (Dow Jones) -- Carlyle Capital Corp. has failed to meet margin calls from four counterparties and has already received one notice of default, the investment fund managed by private-equity giant Carlyle Group said Thursday.

Carlyle Capital (CCC.AE), based in Guernsey, the Channel Islands, and listed in Amsterdam, said that it received margin calls from seven of its 13 counterparties on March 5 totaling more than $37 million.

"The company has met margin calls from three of these financing counterparties that have indicated a willingness to work with the company during these tumultuous times, but did not meet the margin requirements of the four other repo financing counterparties," it said in a statement.

One of those four has already sent a notice of default and the firm said it expects at least one more to do so.

Carlyle raised around $320 million in a July initial public offering and has used short-term loans, or repurchase agreements, to finance a $21.7 billion portfolio of residential-mortgage-backed securities issued by Fannie Mae (FNM) and Freddie Mac (FRE).

Margin calls are made when securities bought with borrowed money lose value. Carlyle Capital's counterparties at the end of 2007 included Citigroup (C), Merrill Lynch (MER), UBS (UBS) and other major U.S. and European investment banks, though it didn't say which counterparties had made the margin calls.

The securities from Fannie Mae and Freddie Mac are considered to have an implied government guarantee, but Carlyle said turbulence in the last few days means margin prices "are not representative of the underlying recoverable value of these securities."

The fund said it's negotiating with counterparties to develop more stable financing terms.

Carlyle Capital's shares, down around 40% since its launch last July, fell 1.7% in midday Dutch trading.

At the end of February, the fund reported fourth-quarter net income of $17.6 million and said Washington-based Carlyle Group had increased its credit line to $150 million from $100 million.

At that time, it still had $80 million available under the credit facility, but the fund said Thursday that since its results it's met additional margin calls of more than $60 million.

Carlyle's announcement came after Thornburg Mortgage Inc. (TMA) said late Wednesday that it's defaulted on several agreements as a result of a wave of margin calls.

Thornburg's shares fell nearly 60% in Thursday's Frankfurt trading.


(END) Dow Jones Newswires
03-06-080712ET
Copyright (c) 2008 Dow Jones & Company, Inc.

Re: Odds and Ends - Time Marches On By old duffer on 3/12/2008 8:23 AM
Seems Eliott Spitzer has consorted with Whores....Well tell us something we didn't already know.
Re: Odds and Ends - Time Marches On By Sean on 3/14/2008 5:42 PM
What bothers me so is that we have an area to discuss what is going on in the markets presently and I see very few posts on these amazing blogs. So far Bobo and Dr. Byrne have hit a home run predicting what is happening and we keep silent. I don't think so. Don't let the diversion of the election and gas prices and Elliot Spitzer make you lose your focus.. Armageddon is in full effect. Am I the only one to noticed that $38 billion dollars was given out by these same Prime Slime Brokerages that now don't have a pot to P-ss in? It would appear that they have known that this was about to happen(Carmine Mozzulo sp) and they still managed to get paid before the devastation became public. Maybe they put anti-deppressants in all of our water so that we may all accept what is happening, but I don't drink their water!!Do you? Today I saw BX announce their revenues were off by 86% but the stock closes up yet OSTK was taken down to $8and change down 10% for no reason other that pure manipulation. But we remain silent and wait for another episode of American Idol or look at the Dems make fools of themselves fighting over a corrupt system to join it. Can someone other than the Usual Suspects show me some sort or emotion and express their feelings as to what is really going on?PLEASE!!
Re: Odds and Ends - Time Marches On By James on 2/24/2008 8:49 AM
"I hope everyone took my advice a year or so ago, and got the hell out of the market, and bought commodities like gold and platinum rather than forking over your savings to the den of thieves"

Sure Bob. Weren't you always posting on the NFI boards about how great that company's business model was? I don't remember you advicing everyone to watch out for the sub-prime meltdown or the events that lead to a 95+% meltdown in that security over the past 12-15 months.
Re: Odds and Ends - Time Marches On By MRothaus on 2/24/2008 8:50 AM
"Rather, it requires that the cops do what they are supposed to be doing, rather than what their puppet-masters have them doing"

That is the problem all along. Cops are paid by somebody. For NIPC to succeed, it will have to pay more than the puppet-masters. I don't think that avenue of attack is what NIPC has in mind.
Re: Odds and Ends - Time Marches On By bobo on 2/24/2008 12:44 PM
James:

About 14 months ago, I got out of NFI, and said point blank that I wasn't interested in being an investor in the company anymore as I didn't trust management's recent decisions. I see you conveniently forget that. Their model was a good one, but as with most things, the environment changed, and their priorities along with them.

Just as most of the banks and hedge funds, who employ the brightest minds in the financial world, were blindsided by the severity of the MBS meltdown, so was I. Guilty as charged. Merril, Bear, UBS, Sailfish, and me. All "idiots" who couldn't see what you so clearly could. Perhaps you should try to convince someone you should be running a centi-billion dollar bank, with all your hindsight knowledge? Good luck with that.

As to NFI's price collapse, it seems to me that the courts are sending clear signals in the OSTK (and thus NFI) prime broker suit that those suits are likely to go the distance. Unless you have some proprietary knowledge of whether or not the prime brokers do in fact counterfeit millions and millions of shares of stock, acting as a criminal syndicate to destroy targeted companies, then you really don't know what percentage of any price declines are from naked short selling, versus the wisdom of the market, now do you?

Why don't we wait for discovery and 12 honest men to put the postscript on the NFI story, at least as it pertains to the stock while I was involved in it?

My point has been, for a while now, that any issuer in the markets can be destroyed by the markets, regardless of the merits of the issuer, if the collective weight of the system is brought to bear to do so. That's why it is illegal to be involved in racketeering, to organize as a cartel for criminal purposes. It harms the victims of the criminal behavior.

I know that is probably difficult for you to grasp, although given your outsized wisdom on MBS matters it shouldn't be. Perhaps you are a member of the lil GW fan club, and have decided to attack this messenger as your bud is getting a new one cored for him by exposure of what a lying, cheating scumbag he is?

Sorry bout that. I just post the links. We are all shocked and surprised by the info at antisocialmedia.net and find it strangely fascinating that lil GW is using DTCC computers. Don't shoot the messenger.
Re: Odds and Ends - Time Marches On By rtway on 2/24/2008 9:55 AM
It is a good feeling to once again thank you for your dedicated work. For those of short memory, it was Bobo who was responsible for bringing this issue out into the open and having the gonads to go face to face with and debate these same nefarious pieces of sh----t using indisputable proof that would always be ignored or the topic changed because they knew they could not win their argument unless they lied through their asses - and most often did. And I might remind James that many people felt as Bobo about NFI, as did I. However when the poop hit the fan it was not Bobo who tossed it, and many other companies fell as well as NFI because of many reasons. And we are still uncovering those everyday. Bobo admitted he didn't like what he was seeing and advised all to get out. I have made mistakes in the past and will again in the future but you must learn to move on and this movement is testimony to the dedication of some select individuals who never get the credit they deserve. I wish you the best in this endeavor and will actively support you. Damn good to know you are back.
Re: Odds and Ends - Time Marches On By Oldepro on 2/24/2008 5:27 PM
I have been a long time supporter. Can you please explain this sentence?

We have traded the Bill of Rights for ipods and hybrid vehicles and brown-skinned people we can all agree to despise.
Re: Odds and Ends - Time Marches On By bburrell on 2/24/2008 4:16 PM
Good move Bob. These parties are very vulnerable here. I hope you link this to dee;pcapture, and vice versa.

Bud.
Re: Odds and Ends - Time Marches On By bobo on 2/24/2008 5:38 PM
Sure thing.

We have traded things like due process for police state, fascist tactics that trample the constitution. Instead of being outraged, the population varies from foaming at the mouth patriotism that forgives any lie, to apathy. The drive to rebel at having our rights stripped from us has been replaced with a fascination with creature comforts, and an attitude of "we don't have to abide by any rules but those we invent on the fly to justify our behavior." We do this as a nation, and the financial feedback we are getting is a radical reduction in the value of our currency. The world is voting, as it tends to, and the dollar is off tremendously due to a resounding vote of no confidence in the current american way. You can disagree with me all you like, but the fact is that every commodity is hitting highs, and our currency is falling like an elevator against most first world currencies, which speaks to the interest the globe has in holding and coveting the dollar. We are spending recklessly to support a war that was launched based on a pack of lies, which is unwinnable, and which I believe isn't designed to be won - it is designed to provide endless opportunity to drain the public coffers, even if there is nothing left to drain. War is great for business if you are closest to the money stream. And many are. They are making record profits, while the country spends the next two generations' prosperity, and the population is too busy watching ultimate fighting to care.

As an example, the media is completely bent on the topic of naked short selling, and Wall Street has managed to hamstring most of the political answers to stopping them from ripping off the savings of america. The SEC is clearly bent, and is running interference for the biggest criminal cartels since the 1920's, and yet only a handful of people even care. This is not a positive sign, not a progressive society working for the benefit of the ultimate social good. It is a kelptocracy, where those with the super money run the country, by buying the politicians.

Clear?
Re: Odds and Ends - Time Marches On By TakeTwoUptheAzz on 2/24/2008 10:17 PM
Bad night at Greenberg, Cohodes, & Rocker Inc.
TTWO buyout takes stock from 17 to over 30, and 30 Millions shares are short.
Re: Odds and Ends - Time Marches On By stryker-ny on 2/25/2008 10:09 PM
Bob ...I know this is off topic..but..has anyone heard about the USXP appeal ??..Bud..any info would be greatly appreciated...tia
Re: Odds and Ends - Time Marches On By No one on 2/25/2008 10:09 PM
>>Clear?<<

Well, no, not really. At least not crystal clear..

The question is - why?

Have you seen the stories of Indira Singh and Sibel Edmonds? There's a complete media blackout on them too. Edmonds is just a whistleblower in the CIA who has been gagged because she has information about US nuclear secrets being sold by the CIA to the highest bidder on the black market. Singh knows about a Saudi company called P-Tech which is a front company for terrorists. Google them - very interesting and explosive. Of course, the crickets chirping from the mass media on those two cases is just like naked short selling. Meanwhile, congress dittles on with steroids..

This is an interesting article as well:

http://www.opednews.com/articles/1/opedne_stephen__080223_an_open_letter_to_th.htm

Apparently, the laws of physics changed on 9/11 only.. Steel melts at 2000 degrees and a jet fuel fire can only get up to 1500 degrees.

Wouldn't 9/11 be the perfect opportunity to cover a short? And also a convenient excuse to start a war that will drain our country of a trillion dollars?

My guess is that naked short selling is merely the financing arm of something much, much bigger..
Re: Odds and Ends - Time Marches On By Sean on 2/25/2008 10:10 PM
It has become so obvious, why won't anyone address this problem?

MBIA Inc says "As we stated last week, we believe this proposal is simply a continuation of Mr. Ackman's campaign to profit from his short positions.."
Briefing.com - February 25, 2008 11:51 AM ET


Related Quotes
Symbol Last Chg
MBI Trade 12.54 +0.36
Quotes delayed at least 15 minutes

Co announces in response to media and other inquiries concerning the "Ackman plan" presented to regulators and then widely disseminated last week by Mr. William Ackman, principal of Pershing Square Capital Management, the co today released a letter it sent on Friday, February 22 to the Honorable Eric Dinallo, Superintendent of the New York State Insurance Department and the Honorable Michael T. McRaith, Director of the Illinois Division of Insurance. "As we stated last week, we believe this proposal is simply a continuation of Mr. Ackman's campaign to profit from his short positions and credit default swaps in the bond insurance industry... Mr. Ackman has only two objectives: to impede the ability of companies who are trying to strengthen their financial resources to meet the needs of existing and future policyholders, and to further his own personal agenda and financial objectives. His calculated practice of using the media to broadcast his self-serving and misleading letters, reports and presentations is, we believe, clear evidence of his agenda. "At a time of critical importance in the financial guarantee industry, Eric Dinallo and the staff of the New York State Insurance Department and other regulators are working tirelessly to assist all financial guarantee companies to develop plans to meet the needs of all their constituencies... Assuring that these plans treat all policyholders on an equitable basis is an extraordinary challenge that requires thoughtful and careful evaluation. Mr. Ackman should let the officials charged with regulating the industry do their jobs instead of continuing a relentless media-driven campaign fueled only by personal financial gain."
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Re: Odds and Ends - Time Marches On By mhelburn on 2/26/2008 3:15 PM
Steroids.. you may think this isn't an important issue.. but it is. Our children are influenced by this.. Perhaps the attention it gets will wake up some parents.. but likely not. They wouldn't recognize that junior is using. The time spent on it was worthwhile, but we should be spending more time on the war profiteers, corruption in government.

My late uncle thought a .30-06 directed at Foggy Bottom would solve a lot of our problems. Even if GWB grew horns and went around stabbing people, there would still be those who give him a good approval rating. One of my friends looked up fascist and there were 13 points in the definition... GWB fit all of them.

Steroid-bulked records are no different that the phoney stuff going on everywhere else.. lies and deception.

McCain is more of the same. Obama is a good speaker. Hillary is more of the same. Heaven help us if she gets elected and John Mack runs the Plunge Protection Team with its secret meetings. Dimples Huckabee would give us a religious right. There is only one candidate who even cares about economics and the Constitution.. Ron Paul. He is still running, but the mainstream media isn't aware. Nader entered the fray.

Instead of thinking, the populace wants to be on the "winning" side and keep us in the pitiful two party choice. Ugh. I had hopes when there were a lot of candidates, but as the choices narrowed, the dialog has degenerated into "he said, she said" and the war drain and the loss of jobs is being ignored. We are going to get nothing done about the intrusion of illegals into this country. Specter and Grassley are getting old.

Our only hope is the courts and from what I've seen, it will be long in coming and then there will always be those who try to circumvent the law, even when you win. The SEC has made rules illegally which allowed this debacle of naked shorting, ignoring that the Exchange Act prevails until Congress changes the law. Meanwhile we have a system that has completely run amok. Maybe we can win this lawsuit before Mack and his buddies can buy Congress to rewrite the Securties Act.

Another month and we will have killed 4000 Americans in Iraq and many of those were there because they needed a job. 129,000 have been wounded and some are walking wounded with permanent emotional problems. But, we got rid of Saddam Hussain. The damage to the Iraqi people is immeasurable, dead, wounded, displaced. Halliburton and the other war machine corporations have been on the receiving end of all this. How much did they make per casuality? And the ongoing costs haven't been tallied. This for-profit war that George and Dick promoted with lies and deception goes on...

Nothing sickens me more than when GWB goes to Walter Reed and does a photo op with the kids... He hasn't done that lately cause it would remind people that we are in an illegal war. When I see him with his hand on his heart or his head bowed in prayer... I want to puke. Carl Rove is out of the White House and now on television. Gonzalez is gone... I don't recall where.

The 105 page indictment against Milberg Weiss is up ASM. And none of that would have come to light without a domestic dispute and insurance fraud being uncovered.

Yesterday, I was told by a psychiatrist that 4% of the population are sociopaths. These are functioning people who have no conscience. What would you call someone who lies to start a war and then continues lying to keep it going? When George and Dick started this, they were told there was no WMD by intelligence, but Dick really wanted those contracts for HAL. And he got them.... no bid. Americans got boondoggled so that Dick could feather his buddies' nest. If the President and the VP had to go to war along with the kids they sacrifice, they would be far less likely to start a war... even one for profit.

I don't know if Roger Clemens is lying or not... but if he is, he would be the perfect Presidential Candidate.. He's from Texas, he will use extraordiary means to get what he wants. He isn't afraid of lying to Congress....

If he didn't lie, he's not qualified for the post.




Re: Odds and Ends - Time Marches On By Divieden on 2/26/2008 3:16 PM
Bobo, does NIPC have a website yet? How can we make donations?
Re: Odds and Ends - Time Marches On By Judd Bagley on 2/26/2008 3:17 PM
By the way...things are looking grim for Gary Weiss on Wikipedia front. You can review the case against him here: http://en.wikipedia.org/wiki/Wikipedia:Requests_for_arbitration/Mantanmoreland/Evidence

Now, I know Wikipedia is supposedly the encyclopedia anybody can edit, but in this case, I must ask that you please, PLEASE not interject anything into the discussion. Unlike the past two years, this time the truth is managing to emerge, and we mustn't risk derailing the process with outsider comments...no matter how well-intended or seemingly needed.
Re: Odds and Ends - Time Marches On By tommytoyz on 2/28/2008 9:21 PM
NIPC has a website, but it's not up yet. It ill be in about 2 weeks or so. Contributions can also NOT YET be taken until the 501 c is official and we have the exemption letter from the IRS.

We will be needing money to hire high powered attorney's that have experience defeating the SEC later on. They're not cheap. We have a plan and it's going to paint the SEC into a corner.

Once everything is official, there will be announcements and so on...........hold on a bit more.
Re: Odds and Ends - Time Marches On By Divieden on 3/5/2008 9:23 PM
Thanks Tommy. You guys be very, very careful.
Re: Odds and Ends - Time Marches On By Sean on 3/5/2008 9:24 PM
I would wholehearted contribute to this process, heaven knows how much they have "Stolen" from me but should we be giving them a heads up by making them privy to some of this info? Thanks for your response.
Re: Odds and Ends - Time Marches On By Sean on 3/5/2008 9:24 PM
Sorry I should have included this in my last post... I think we should have just "Blindsided" them. No warnings just SMASH in their mouths. (Not literally of course)
Onward... By V ... on 3/5/2008 9:27 PM
I believe it was Patrick (OSTK) that said, the media is were the people will find the greatest betrayal.

I think these outlets shoud be shut down. How much fraudulent conveyance and manipulation is within a legal actionable prosecution. This is RICO against the media, it is not hard to see THEY are with the enemy.

By enemy, I mean the guys presenting fact with ommisions and manipulations intended to decieve for the purpose of readers (sheeple) to render judgment. This is the same with the media blackouts on some running for President.!!!

Add this crime with the KNOWN voter fraud and manipulation and I think we have aliens running in government.

I hear either you can play country music (their heads explode) or bash them with Louisviles....If that does not work you can sneeze on them or if they get you just before they put you in their whorish little deceptive doublespeaking mouths drop a grenade in their windpipes.

Thats what Hollywood tells me to do.

I got a crap load of food and water and just got my hunting licence so I could get a couple of guns. You can't eat gold, I think a toothbrush may have more value in the future.

JMO Some jokes...some truth...

Love is the answer.

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