Writer's Email: wesawthat@gmail.com
Fone WST... +1318.717.9017 Twitter:@wesawthat “The more corrupt the state, the more numerous the laws.” ~ Gaius Cornelius Tacitus
Couple Arrested For Having Sex On Ferris Wheel
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Cops: Lewd amusement park romp witnessed by juvenile girls
Four witnesses--including a pair of juvenile girls--told Ohio police that
David Davis and Heat...
The Market Ticker - Buh-Bye Cheney!
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It appears that $36 million of wealth accumulated in six years and voting
for impeachment of the President, who is in your party, is a poor decision
when...
Fluoridation Fails Los Angeles, California
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Fluoridation has been state mandated in California since 1995 and most of
Los Angeles has fluoridated decades before that. Yet in Los Angeles County:
6...
Abdur Biswas (Sep 1, 1926 - Nov 3, 2017)
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Bangladeshi Statesman. He served as the 11th President of Bangladesh from
October 10, 1991 to October 9, 1996. He was educated at Dhaka University
where he...
united states senator for alabama, richard shelby says that he had "an interesting meeting with the president and the vice president...and a lot of the leaders in the banking committees of both houses [of congress],
i can tell you, i dont believe we have an agreement, i have voiced my concerns all along...i have a five page, five pages of the leading economists in america, that wrote to me and the leadership saying -- 'the paulson plan is a bad plan, it will not solve problems, it will create more problems;
we're rushing to judgment, that we do have stress in our financial markets -- but this is not the best way, we ought to look at alternatives.'
this is not me, this is economists at harvard, yale, mit, university of chicago, our leading university's, five pages, it ought to tell you something. i brought it up in here [the white house meeting] i'am probably not welcome again."
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UPDATE: copy of the aforementioned letter:
To the Speaker of the House of Representatives and the President pro tempore of the Senate:
As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis. We are well aware of the difficulty of the current financial situation and we agree with the need for bold action to ensure that the financial system continues to function. We see three fatal pitfalls in the currently proposed plan:
1) Its fairness. The plan is a subsidy to investors at taxpayers’ expense. Investors who took risks to earn profits must also bear the losses. Not every business failure carries systemic risk. The government can ensure a well-functioning financial industry, able to make new loans to creditworthy borrowers, without bailing out particular investors and institutions whose choices proved unwise.
2) Its ambiguity. Neither the mission of the new agency nor its oversight are clear. If taxpayers are to buy illiquid and opaque assets from troubled sellers, the terms, occasions, and methods of such purchases must be crystal clear ahead of time and carefully monitored afterwards.
3) Its long-term effects. If the plan is enacted, its effects will be with us for a generation. For all their recent troubles, America's dynamic and innovative private capital markets have brought the nation unparalleled prosperity. Fundamentally weakening those markets in order to calm short-run disruptions is desperately short-sighted.
For these reasons we ask Congress not to rush, to hold appropriate hearings, and to carefully consider the right course of action, and to wisely determine the future of the financial industry and the U.S. economy for years to come.
Signed (updated at 9/25/2008 8:30AM CT)
- the list of signatories is very long - 192 so far and include from here in louisiana james r. bartkus of xavier university. click here to view the entire list or here to download the five page .pdf.
Donald Capone.
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Woo chile! tfg is a whole mess. Lord have mercy! Imagine what it would
take to have the feds search the home of a former president. Believe me
when ...
ZG is Going Dark
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“Build a man a fire, and he’ll be warm for a day. Set a man on fire, and
he’ll be warm for the rest of his life.” “Light thinks it travels faster
than an...
What gets you through
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Maybe you knew Rick Tippie as a longtime chef at Arnaud's or more recently
at Killer Poboys or Liuzza's by the Track. Back in the day, he regularly
comment...
Here Comes The Boom
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Okay sports fans, here comes the boom! My Bossier is about to start back
up! Get Ready! Here it comes! The cold hard truth! Don't hate the player!
Hate the...
Welcome to the Alexandria Postcard Collection
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Postcards are an important medium in telling stories of the past. They are
historical masterpieces, showing life at points in time.
Greetings from Alexandr...
2:45 p.m., Voluntary Evacuation Area Removed
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Voluntary Evacuation Area Removed October 7, 2016 All areas once part of
the Mandatory and Voluntary Evacuation Order from the Bayou Corne Sinkhole
has b...
brief dashcam clip of alleged sex offender arrest
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brief dashcam clip of alleged sex offender arrest
some guy on a bicycle was allegedly looking at children through binoculars
across the street from the k...
Saying goodbye to our Old House
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I never thought this day would come. We had to say goodbye to the “Big
House”, the old house, the Hynson-Ringgold house (and many other names)….
We were tr...
57th presidential inauguration 21 january 2013
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57th presidential inauguration 21 january 2013
oath of office and speech + more.
From: wesawthat1
Views: 748
10 ratings
Time: 57:56 More in News & Politics
Guess Which Religion Holds Abortion as a Sacrament?
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By Davis Carlton Seriously, you had to ask? This is the argument being
advanced by a Jewish synagogue in Florida in claiming religious based
exemptions fro...
Choose Life Not War: The Abortion Issue
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Recently, the US Supreme Court overturned the Roe v. Wade case of 1973 that
allowed abortions. Now, the decision on this issue will go back to the
states...
Race, Church, and Society by Dr. Frank Smith
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Late last month, Dr. Frank Smith, author of the first history of the PCA
who is currently an RPCNA minister pastoring an inner-city mission church
in Atlan...
Last Days Lunacy and End Times Madness
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Podcast: LAST DAYS LUNACY and END TIMES MADNESS (The following commentary
is a reprint of the chapter Bible Basics 101: Last Days/End Times and The
Second ...
[JTA] Loughner’s Jewish mother? Not so much
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The article/blog entry below from the JTA reminds me of the arguments about
Lenin's Jewish ancestry. Now that we can look at the records, we know that
Leni...