Saturday, February 28, 2009
Saturday, October 04, 2008
The lies told to pass the bill [ Oct 4 '08 ]
On Sep 30 President Bush says that the bailout bill is s needed that the econmy will crash without it. He says that Americans are looking at the 700B cost ofthe bill but not that in the stock market fall of Sep 29 ( the day of the first house vote ), Americans lost 1 trillion $. The unfortunate truth is that half of the fall had happened before the bll was voted upon. The following day market recovers 65% of the previous day's fall and at least to the level it was before the vote.
Oct 3 '08, the house is presented with a modified version of the same bill which the senate had passed and both parties had lobbied hard for. The house representatives, having been completely brainwashed by people with vested interests like Barack Obama, Paulson, Warren Buffett, Bill Gross, Se. Mccain, passes the bill. Right after the bill was passed the stock market started falling and reached a new low for the last 3 years and fell in 2 hours more than the fall of Sep 29.
I don't know if that means anything but it is a clear as day statement on the falsity of the reasons given to pass the bill that will make the banking industry 700B$ richer.
Oct 3 '08, the house is presented with a modified version of the same bill which the senate had passed and both parties had lobbied hard for. The house representatives, having been completely brainwashed by people with vested interests like Barack Obama, Paulson, Warren Buffett, Bill Gross, Se. Mccain, passes the bill. Right after the bill was passed the stock market started falling and reached a new low for the last 3 years and fell in 2 hours more than the fall of Sep 29.
I don't know if that means anything but it is a clear as day statement on the falsity of the reasons given to pass the bill that will make the banking industry 700B$ richer.
Tuesday, September 30, 2008
Urging Sen. Obama to stop being bullied by Wall Street
It is disappointing that while House Republicans were able to listen to the people in their constituencies, listen to ex Federal Reserve Board members how the bailout plan of giving money to banks who have paid out more than 3 B to just their CEOs in the last 3 years while losign billions for shareholders and making billions off the people who have taken loans from them, while House Republicans refused to bullied by their leaders by the traders on the stock market, Sen. Obama did nto show ANY of the leadership and change he has so promised. We urge you Sen./ Obama to take some tiem and talk to people who have supporeted you whether they feel money should be GIVEN ( in whatever form ) to the institutions and the traders who have made hundreds of billions while creating the problem. People like Bill GRoss had pointed out significant possibility of this happening while the need to make mroe profits and leverage the money more drove companies to ignore all this and forge ahead.
Thankfully to House Republicans Sen. Obama you still have time, pleasetry to work out a much better solution o this than what understandably biased Treasury Secretary has proposed so far. Please look at Warren Buffett's way of capital injectio. If Goldman Sachs ( Paulson's old company ) had to borrow from Buffett with such an enticign deal the U.S. taxpayer should not be forced to give money getting back this almost worthless bad debt! Please at least get us a deal like Buffett.
Thankfully to House Republicans Sen. Obama you still have time, pleasetry to work out a much better solution o this than what understandably biased Treasury Secretary has proposed so far. Please look at Warren Buffett's way of capital injectio. If Goldman Sachs ( Paulson's old company ) had to borrow from Buffett with such an enticign deal the U.S. taxpayer should not be forced to give money getting back this almost worthless bad debt! Please at least get us a deal like Buffett.
Monday, September 22, 2008
Monday, December 31, 2007
Oprah wins it for Obama
No single event changed the US 2008 presidential race as much as Oprah's endorsement of Sen. Barrack Obama. It created such a huge tide in Sen. Barrack Obama's favor that one should almost question whether a voice so familiar to people should be allowed to change their opinions. But I guess the same can be said about Bill Clinton. But Oprah is undoubtedly the most powerful person on TV right now.
Monday, May 21, 2007
stock options
one can see why stock options are great for an employer but there seem to be no reason why a person working in a company would prefer stock options to cash for diversification and attachment etc reasons except if the company is very small and there is some serious ownership opportunity being passed over.
Monday, June 19, 2006
Sunday, April 23, 2006
YHOO vs GOOG
the single most popular financial analysis done by computer science geeks in the last two years...
relevant links:
Subscribe to:
Posts (Atom)
