Archive for the “economy” Category

I had no idea there were that many!

FinancialStability.gov - Transaction Data Capital Purchase Program transactions. Click image to view map and list.

FinancialStability.gov - Transaction Data Capital Purchase Program transactions.

This screen cap is the first page of three. Each page comes with it’s list of financial institutions, the amount they received and their location. Click on the pins or the linked names and the pop up will give you additional info.

Examples in the billions.

Citigroup Inc.
Citigroup Inc. 10/28/2008 $25,000,000,000 New York, NY

Comerica Inc.
Comerica Inc. 11/14/2008 $2,250,000,000 Dallas, TX

JPMorgan Chase & Co.
JPMorgan Chase & Co. 10/28/2008 $25,000,000,000

Regions Financial Corp.
Regions Financial Corp. 11/14/2008 $3,500,000,000

Again, three pages.  Imagine the total.

Click here to view.
H/T Ysbub

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Source: Evil Conservative

Source: Evil Conservative

Before we get to the “money quote” let’s have a quick recap.

Neal Boortz

“Congress will consider legislation to extend some of the curbs on executive pay that now apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said.

‘There’s deeply rooted anger on the part of the average American,’ the Massachusetts Democrat said at a Washington news conference today.

He said the compensation restrictions would apply to all financial institutions and might be extended to include all U.S. companies.”

WASHINGTON — The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said. [...]

The administration has been considering increased oversight of executive pay for some time, but the issue was heightened in recent days as public fury over bonuses spilled into the regulatory effort.

H/T  Darleen Click

That is now (2009).

This was then (2006).

Now for the money quote, a little doozy I stumbled across this evening.

Barney Frank was against gov control of CEO pay BEFORE he was for it.

Congressman Barney Frank Outlines His Priorities
Thursday, November 30, 2006

DARREN GERSH, NIGHTLY BUSINESS REPORT CORRESPONDENT: One thing they did talk about is CEO pay. They say, look, wait until we see what the new disclosures are that the SEC is going to require. They’re going to have this total figure. For the first time we’ll see the total compensation figure disclosed in the coming year. Don’t take action on CEO pay until we see what those numbers are. CEO pay is an issue for you. Is this something you want to wait until you see what these numbers are or do you think you want to act quickly on it?

FRANK: No, I don’t think we should wait. First of all, if we listen to the people that don’t do anything, we wouldn’t have the numbers. Beyond that what I think we should do really I don’t need to wait to see what the numbers are. I don’t want to set the numbers. I don’t think the government should be telling people what to pay. I think the shareholders should. The point I would make is this. With regard to CEO in particular, I do not think the boards of directors work as effective independent checks. They are not the fox guarding the hen house. They are the hens guarding the rooster. And I think the time has come to say we need the shareholders to do this. What we’re proposing is not one size fits all, one uniform rule. We’re saying let the people who own those companies go for it. It seems to me a distinctly non-radical idea.

My, my, my  how times have changed. Or should I say regime change. Heh

Quite arguably so, we have the farthest left leaning Prez this country has ever been subjected to.

The time is ripe for a huge helping of an in your face dose of ‘class warfare’ and fascism.

Right Barney?

If it talks like a fascist and smells like a fascist…

It is a stinky smelly agenda driven sputtering fascist.

These companies can not be allowed to fail. So many jobs and lives at stake. Ha! I don’t buy that for a second. They don’t give a rats ass about any of that.
They
want
CONTROL.

Before anyone gets all riled up, I am applying the following quotes as an exaggeration for the point of illustration…period.

And no I am not just winking and nodding towards Dems.  Let me be perfectly clear, I never supported any bailout what–so–ever.
From –day –one.

Adolf Hitler said in a 1931 interview:

“I want everyone to keep the property he has acquired for himself according to the principle: benefit to the community precedes benefit to the individual. But the state should retain supervision and each property owner should consider himself appointed by the state. It is his duty not to use his property against the interests of others among his own people. This is the crucial matter. The Third Reich will always retain its right to control the owners of property.

Another Hitlerisim:

From a letter to Herman Rauschning, quoted in “Why Does Socialism Continue to Appeal to Anyone?” by Robert Hessen

Let them own land or factories as much as they please. The decisive factor is that the State, through the Party, is supreme over them regardless of whether they are owners or workers.

In case you haven’t heard—TARP’ing  the Life Insurers is next on the agenda…

Watch your backs. Tomorrow it could be you.

Katie @ Pirates Man Your Women

And here is my scary place – yesterday, the gov started regulating executive pay for companies that accepted the bailout money; today, they are talking about regulating executive pay of companies that didn’t take the bailout money.  So, what will tomorrow bring?  How long before the gov decides how much money YOU should make?

Update: Frank-ly Control Freaks: Congressional Committee Passes Bill Controlling ALL Pay at US-Involved Companies – BizzyBlog

TBlumer

With Barney Frank’s help, Treasury Secretary Tim Geithner is trying to expand his power (and by inference that of his Dear Leader boss) well beyond that. The “Pay for Performance Act,” which has already gotten out of committee, would give him veto power over salaries at every company into which the government has inserted its intrusive claws.

[snip]

Geez, it wouldn’t be much of a stretch to extend Geithner’s reach to:

* Any company with a Small Business Administration loan.
* Any university with students who have borrowed money from the government to attend (i.e., almost every institution of higher learning in the US).
* Any company whose employees use government services (i.e., an interstate highway or a subsidized mass-transit ride) to get to work.

That is, it’s not a very far trip to controlling everyone’s earnings.

A hop, skip and a jump…folks.

It is not as if you all weren’t warned. Right-wing nut jobs or modern day Paul Revere’s?

“When we hang the capitalists they will sell us the rope”

– Joseph Stalin

Dan Collins @ Protein Wisdom links…thanks!
—————————-


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Make no mistake, there is a systematic economic breakdown of America being waged. We as American citizens need to fight back!

Protest The Generational Theft Act of 2009!

Protest The Generational Theft Act of 2009!

“Online conservative activists have rallied to CNBC’s Rick Santelli’s call earlier this week, backed by mortgage traders, for a “Nationwide Chicago Tea Party” to protest the Obama Administration’s bailout plan.”

Facebook is on fire with a groundswell of Tea Party protests being planned across the U.S. Find one in your area and do your best to attend. Follow the links to each city’s prospective Facebook event page to RSVP.

Note: If you are hosting Tea Party protest in your area and it is not listed here, please leave as much detail as possible in comments  and I’ll update post with your info.

Note 2: Be sure to check the individual Tea Party Facebook pages for the latest updates. –For instance Washington DC Tea Party has moved their location.  Have edited w/ correction. Also scroll down for additional update.

To keep on top of new Tea Party’s being planned visit the  “Nationwide Chicago Tea Party” Facebook page. Or if you are planning one yourself be sure to let them know.

tea-party-nationwide-chicago-2-27-09

We are mad as hell and we are not going to take it anymore!

Nationwide Chicago Tea Party

Contact InfoPhone:
7708780024
Email: chicagoteaparty2009@gmail.com
Online conservative activists have rallied to CNBC’s Rick Santelli’s call earlier this week, backed by mortgage traders, for a “Nationwide Chicago Tea Party” to protest the Obama Administration’s bailout plan.

Moving quickly, Top Conservatives on Twitter , Smart Girl Politics, the #DontGo Movement, Americans for Tax Reform, the Heartland Institute, and American Spectator Magazine joined forces to announce a “Nationwide Chicago Tea Party”, to be held on Friday, February 27 at noon EASTERN STANDARD TIME.

The tea party will be held SIMULTANEOUSLY in Chicago, Washington DC, Atlanta, Pittsburgh, Fort Worth and dozens of locations around the US, and on Twitter, using the #teaparty hashtag.

For more information, please go to www.officialchicagoteaparty.com

Official Sponsors for this event are:

Top Conservatives on Twitter (TCOT)

Smart Girl Politics

Don’tGo Movement

American Spectator Magazine

Americans for Tax Reform

The Heartland Institute

The official event pages of individual cities are as follows:

WASHINGTON DC Tea Party

Friday, February 27, 2009
12:00pm – 2:00pm
Washington Monument
Correction:
Location: White House on the Lafayette Square Park side
Washington, DC

This is fantastic. This should be an excellent way of communicating our view that Congress shouldn’t be wasting our tax dollars on failed enterprises. In the 24 hours this group has been live, we’ve gotten mentioned by Michelle Malkin’s website, and a number of TCOT (top conservatives on twitter) have helped us get more people. AmSpec thanks you all!

I need to be able to talk big numbers to the press — the number of people planning on showing up. Please head to the event page and RSVP to let me know you’re coming to the Washington Tea Party. Thanks!

http://www.facebook.com/event.php?eid=55892337756

CHICAGO Tea Party

Friday, February 27, 2009
11:00am – 12:00pm
Daley Plaza Civic Center
50 W Washington St.

Please plan to participate in this exciting event to protest the Obama Administration’s and our the US Congresses’ economic policies and massive spending bills! Many of our politicians and elected officials have become so removed from reality, they do not even listen to us anymore! It is time we stand up as citizens of this great land and let our voices be heard! This is our country too!

Please plan to attend this event on Friday, February 27th at Daley Plaza Civic Center. Please bring yourself, family members and friends! The more people we have in attendance, the more attention we will get and our voices will be heard all the way in Washington DC and around the nation!

Please bring signs, camera, and camcorders with you! Also, please don’t forget your tea bags and/or tea leaves!

More details will be posted as they become available. Please check back here for frequent updates.

If you can volunteer with this effort, please email ericjodom@gmail.com. We look forward to seeing you there!

This Nationwide event began last Friday as online conservative activists rallied to CNBC’s Rick Santelli’s call last week, backed by mortgage traders, for a “Nationwide Chicago Tea Party” to protest the Obama Administration’s bailout plan.

Moving quickly, Top Conservatives on Twitter , Smart Girl Politics, the #DontGo Movement, Americans for Tax Reform, the Heartland Institute, and American Spectator Magazine joined forces to announce a “Nationwide Chicago Tea Party”, to be held on Friday, February 27 at noon EST.

The tea party will be held simultaneously in Chicago, Washington DC, Atlanta, and dozens of locations around the US, and on Twitter, using the #teaparty hashtag.

For more information, please go to www.officialchicagoteaparty.com or
http://www.facebook.com/home.php?#/event.php?eid=128957625135

If you are interested in attending or hosting a Tea Party in you area, please go to www.officialchicagoteaparty.com or contact chicagoteaparty2009@gmail.com.

WE CAN DO THIS!

ATLANTA Tea Party

Friday, February 27, 2009
12:00pm – 1:00pm
***TENTATIVE*** Powers Island Park on Chattahoochee River
Interstate North Parkway
Atlanta, GA
Contact InfoPhone:
7708780024
Email: atlantateaparty@gmail.com

Please plan to participate in this exciting event to protest the Obama Administration’s and our the US Congresses’ economic policies and massive spending bills! Many of our politicians and elected officials have become so removed from reality, they do not even listen to us anymore! It is time we stand up as citizens of this great land and let our voices be heard! This is our country too!

Please plan to attend this event on Friday, February 27th at Powers Island Park on the Chattahoochee River. Please bring yourself, family members and friends! The more people we have in attendance, the more attention we will get and our voices will be heard all the way in Washington DC and around the nation!

Please bring signs, camera, and camcorders with you! Also, please don’t forget your tea bags and/or tea leaves!

More details will be posted as they become available. Please check back here for frequent updates.

If you can volunteer with this effort, please email atlantateaparty@gmail.com. I look forward to seeing you there!

This Nationwide event began last Friday as online conservative activists rallied to CNBC’s Rick Santelli’s call last week, backed by mortgage traders, for a “Nationwide Chicago Tea Party” to protest the Obama Administration’s bailout plan.

Moving quickly, Top Conservatives on Twitter , Smart Girl Politics, the #DontGo Movement, Americans for Tax Reform, the Heartland Institute, and American Spectator Magazine joined forces to announce a “Nationwide Chicago Tea Party”, to be held on Friday, February 27 at noon EST.

The tea party will be held simultaneously in Chicago, Washington DC, Atlanta, and dozens of locations around the US, and on Twitter, using the #teaparty hashtag.

For more information, please go to www.officialchicagoteaparty.com or
http://www.facebook.com/home.php?#/event.php?eid=128957625135

ORLANDO Tea Party

Friday, February 27, 2009
12:00pm – 1:00pm
Lake Eola across from Panera Bread
Street: Lake Eola
Orlando, FL
Contact info: OrlandoTeaParty@MyAmericanism.com

Please plan to participate in this exciting event to protest the Obama Administration’s and our US Congress’ economic policies and massive spending bills! Many of our politicians and elected officials have become so removed from reality, they do not even listen to us anymore! It is time we stand up as citizens of this great land and let our voices be heard! This is our country too!

Please plan to attend this event on Friday, February 27th 12:00 Noon EST. Please bring you, family members and friends! The more people we have in attendance, the more attention we will get and our voices will be heard all the way in Washington DC and around the nation!

If you can volunteer with this effort, please email OrlandoTeaParty@MyAmericanism.com or go to the following website http://www.myamericanism.com/group/orlandoteaparty to register.

Please also visit http://OrlandoTeaParty.webs.com for more information.

We look forward to seeing you there!

FORT WORTH Tea Party

LET YOUR VOICES BE HEARD!!!

Well, I told you folks it was coming to a town near you. “TEA PARTY ‘09.” Let “the man” know that you’re mad, and you’re not going to take it anymore!! Bring your protest signs and indignant taxpayer attitude with you to the rally at the outside stage at The Cowtown Bar & Grill on Friday, the 27th of February, from 3pm to 7pm, located at 7108 Camp Bowie Blvd Fort Worth, TX 76116 (817) 570-7910 We hope to have a guest speaker there from KLIF radio. The “Desert Son Band” will be performing on the outside stage with their original music and some covers appropriate for the rally. Food and drink will be available for purchase.

I’ll be notifying the TV media about the rally, as well. Check out what’s been going on around the Country:

http://michellemalkin.com/2009/02/20/rebel-yell-taxpayers-revolt-against-gimme-mania/

Please tell everyone you know about the event. The only way for us to be heard, is to spread the word. I’ll be putting out flyers, advertising on the internet (like this), and I’ve already been on the air with JD Wells at KLIF radio, plugging the event. If anyone knows any celebrities that would like to speak, please let me know, and we’ll schedule them in.

COME HAVE A GREAT TIME, AT THE TEA PARTY ‘09

PITTSBURGH Tea Party

Time: February 27, 2009 at 12pm to March 27, 2009 at 1pm
Location: Market Square
Street:  Market Street
City/Town:  Pittsburgh
Contact Info:  hlskittypryde@yahoo.com
Event Type: protest
Organized By: American Sweetheart

RSVP for the Pittsburgh Tea Party!

Details to follow pending interest! To most likely be held in Market Square from 12:00pm to 1:00pm

Bring your signs protesting the Stimulus! Bring mock print outs of the Generational Theft Act with you and let the Obama Administration know that WE WILL NOT STAND FOR THIS!

SAN DIEGO Tea Party

Friday, February 27, 2009
9:00am – 10:00am
Location:   Just north of the Star of India on San Diego Bay
City/Town:
San Diego, CA
Contact InfoPhone:
6196060337
Email:
www.officialchicagoteaparty.com

There will be a simultaneous protest against the Stimulus Bill across the Nation. Beginning in DC and Chicago and working it’s way across the Country. Beginning at 12 pm EST in D.C

TULSA Tea Party

Friday, February 27, 2009
12:00pm – 1:00pm
Location:   to be determined
Street:   to be determined
City/Town:
Tulsa, OK
Contact info:
Phone: 9187608282
E-mail: jaiblevins@hotmail.com

Join with conservative from around the Tulsa Area to protest the Stimulus Bill, and Mortgage Bailouts!

[The Nashville Tea Party needs help organizing. ]

NASHVILLE Tea Party

Rick Santelli of CNBC got this ball rolling. Let’s join him, in solidarity, if not in person. While they are having the tea party in Chicago, let’s have one in middle Tennessee. Let’s let them know we are mad as hell and aren’t going to take it any more!

ST. LOUIS Tea Party

Host: Hennessy’s View Blog

Friday, February 27, 2009
11:00am – 12:00pm
Location: The Steps of Arch
Street: Wharf Street
City/Town: Saint Louis, MO

The St. Louis edition of a national Tea Party Protest against Spendulus, Porkulus, whatever you want to call the Trillion Dollar Government Expansion (and more to come).
Contact info:
Phone: 6363461196
E-mail: bill@hennessysview.com

HOUSTON Tea Party

The Boston Tea Party was an act of direct protest by American Colonists demanding representation in the British Government. They became known as the original patriots.

The Chicago Tea Party of 2009 will reinvigorate that American and Patriotic spirit; one that demands respect for individual rights and property. As the bailouts spiral out of control, we are forced to fund failed banks. With foreclosures on the rise, we are made the collateral of reckless spending. And, when the bills come due, the IRS knocks on the door of self-responsibility.

ENOUGH!

America is the land of opportunity. To succeed AND to Fail. Without consequences, what is our incentive to learn? What is our incentive to produce? On July 4, 2009, those that ask nothing from the government but the protection of our inalienable right to succeed, will gather in Los Angeles, Chicago, and Boston in an historic act of direct protest.

Dissent is the highest form of Patriotism – Thomas Paine

Visit the Organizational Website!

http://www.reteaparty.com

INVITE YOUR FRIENDS! LET’S DO THIS!

Location: Houston, TX
Contact info:
Website: http://www.reteaparty.com/


PORTLAND Tea Party

Host: Geoffrey Ludt
Friday, February 27, 2009
9:00am – 10:00am
Location: Pioneer Courthouse Square @ the corner of Broadway & Morrison (in front of the STARBUCKS)
Street: 715 SW Morrison St
City/Town: Portland, OR
Contact info:
Phone: 5033204399
E-mail: geoff.ludt@calendarpeople.com

This event is non-partisan. Progressives are angered by Washington’s continued pandering to corporate ‘fat-cats’ and conservatives are angered by Washington’s willingness to prop-up failed enterprise. We have a common purpose — Washington is NOT listening!

Washington is encouraging BAD behavior. We are already paying to prop-up zombie banks and, this new “Home Affordability Plan” allows bankruptcy judges to revisit the terms of a loan? CNBC’s Rick Santelli has it right, In America, a card laid is a card played and contracts must be sacred. Do we really want to teach our children, (whom this plan will inundate with debt) that there are “do over’s” in the real world if the mistake is big enough?

Rally to CNBC’s Rick Santelli’s call (http://is.gd/kqO) for a “Chicago Tea Party” to protest Washington.

This event will be occurring nationwide at exactly the same time.

Bring signs! The theme is: NO public $ 4 private failures!

Please head to the event page on facebook and RSVP to let me know you’re coming to the Portland Tea Party.

KANSAS CITY Tea Party

Sponsored by Blind Mule

Host: American Tea Party

Saturday, February 28, 2009
10:00am – 2:00pm
Location:   J.C. Nichols Foundatin – Kansas City, MO
Street:   47th and J.C. Nichols Parkway K.C. MO
City/Town:   Kansas City, MO

Contact info: RBALLARD9@kc.rr.com

Come One, Come All to the Walk A Mile In MY Responsible Shoes Tea Party.

Bring Your Signs and Your Tea
Join Responsible Americans in peaceful protest aginst the Congressional Theft Act 2009 and the Swindle Us Mortgage Bail Out

Where To Meet: J.C. Nichols Fountain, 47th and J.C. Nichols Parkway K.C.MO.

1Mile Walk To: Senator Claire McCaskill (D) K.C. Office 4141 Pennsylvania Ave. K.C.MO.

Although American Tea Party and PJTV will list some of the planned Tea Party protests, we cannot vouch for their legitimacy.

CLEVELAND Tea Party

Friday, February 27, 2009
12:00pm – 1:00pm
Location:   Public Square in Downtown Cleveland
Street:   1 Public Square
E-mail: phil.ammar@gmail.com

Please plan to participate in this exciting event to protest the Obama Administration’s and our US Congress’ economic policies and massive spending bills! Many of our politicians and elected officials have become so removed from reality, they do not even listen to us anymore! It is time we stand up as citizens of this great land and let our voices be heard! This is our country too!

Please plan to attend this event on Friday, February 27th 12:00 Noon EST. Please bring you, family members and friends! The more people we have in attendance, the more attention we will get and our voices will be heard all the way in Washington DC and around the nation!

Please bring signs, cameras, and camcorders with you! Also, please don’t forget your tea bags and/or tea leaves!

More details will be posted as they become available. Please check back here for frequent updates.

If you can volunteer with this effort, please email phil.ammar@gmail.com I look forward to seeing you there!

[The Denver Tea Party needs folks to join!]

DENVER Tea Party

Friday, February 27, 2009
10:00am – 12:00pm
Location:   Colorado State Capitol Building – West side steps
Street:   200 E. Colfax Ave.
City/Town:   Denver, CO

Update:

FAYETTEVILLE NC Tea Party

Friday, February 27, 2009
12:00pm – 1:00pm
Main Street
Bow Street and Hay Street
City/Town:
Fayetteville, NC

Phone: 9102294444

E-mail: Ralph.Reagan@gmail.com

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If you are interested in attending or hosting a Tea Party in you area, please go to www.officialchicagoteaparty.com or contact chicagoteaparty2009@gmail.com

More details will be posted as they become available.

Also see:

Tea Party U.S.A.: The movement grows – Michelle Malkin

A Marginal Tax Rate of 90%? – The Anchoress

Related:
Trader Chicago Tea Party: Rick Santelli Rant [Video & Full Transcript]
Emperor Barackulus Maximus Porkulus Protecting the Vulnerable
Transcript: Obama Prime Time Stumping The Stimulus Feb 9 -09
LMAO! Stimulis: Because all economies have performance issues
Schumer you couldn’t be more dead wrong
Sen. Susan Collins Bragging Rights Are Earned Not Bartered For

You are NOT part of the problem unless you are NOT part of the solution.

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