Alliance for Creative Alternatives to War and Violence

What Most of You People are Not Understanding

Rob-33704 — Sat, 11 Oct 2008 10:08:18 EDT

What most of you aren't understanding is the depth of the anger on the right and left of the electorate in this country.

That is what John McCain is hearing at his rallies and you are seeing on CNN. Democrats don't hear it at their rallies because the left long ago discarded the democratic party.

This anger is not something that will somehow evaporate and just go away. The right is just now discovering how much they have been misled and betrayed.

Taking care of the needs of the citizens is not PANDERING - it is what ruling classes do to stay in power.

You Are Giving Socialism a Bad Name.

Rob-33704 — Fri, 10 Oct 2008 17:33:40 EDT

Could some of you PLEASE talk to your friends in the news media and get them to stop referring to this as a "Socialist" bailout?

You know, I know, and they know that is not true.

Thanks for you help.

The United States of America should declare a Year of Jubilee - the "forgiveness of all debts."

Rob-33704 — Fri, 10 Oct 2008 09:51:54 EDT

The United States of America should declare a "Year of Jubilee" - the "forgiveness of all debts." The requirement for a Year of Jubilee is clearly established in chapter 25, verse 10 of the of the Old Testament/Torah Book of Leviticus. Verses 28, 40, 50, 54, of the 25th chapter and verse 24 of the 27th chapter clearly require the forgiveness of all debts by all believers every 50 years.

This is a requirement, it is not an option. This is why in Chapter 6, verse 12, of the New Testament Book of Matthew (The Lord’s Prayer) Jesus prayed, "And forgive us our debts, as we forgive our debtors."

QUESTION RE: Austan Goolsbee

Rob-33704 — Wed, 08 Oct 2008 16:40:59 EDT

Do we know where Mr Goolsbee studied as a Fulbrigth scholar?????

From Mr Goolsbee's CV:

HONORS AND AWARDS

Fulbright Scholar, 2006-2007

Named one of the Young Global Leaders, World Economic Forum, Switzerland, 2005

Named one of the 100 Global Leaders for Tomorrow, World Economic Forum, Switzerland, 2002

Lumina Award for Pioneering Research in E-Commerce (with co-author Jeffrey Brown), Global Reinsurance, Monte Carlo, 2001

Bill Gates Lecture on "Creative Capitalism" at the World Economic Forum.

Rob-33704 — Wed, 08 Oct 2008 16:22:29 EDT

Bill's basic idea:

"....innovative ways to solve major problems for one billion of the world's poorest people, who don't get enough food or don't have drinking water or reliable access to mediication, which the rest of us take for granted, he said.

Bill apparently doesn't understand:

"As of September 2008, the world's population is estimated to be about 6.7 billion (6,700,000,000). In line with population projections, this figure continues to grow at rates that were unprecedented before the 20th century, although the rate of growth has almost halved since its peak of 2.2% per year, which was reached in 1963. The world's population, on its current growth trajectory, is expected to reach nearly 9 billion by the year 2042"

What about the 6,700,900,000 thousand of us???????????

Goldman Sachs Fined $43.5 Million

Rob-33704 — Wed, 08 Oct 2008 13:15:47 EDT

The New York Times reports:

"Goldman Sachs spokesman, Ed Canaday, said that the firm was pleased to put the matter behind it, and that it would continue to expand its compliance training and oversight. Spear, Leeds & Kellogg will pay $43.5 million. "

5 firms were charged with violating

"....laws by executing their own orders for the shares they managed ahead of customers' orders, depriving clients of fair trades and possibly better prices, the regulators said. "

NYT reports that the five firms which paid $241 million are:

"....a Bear Stearns subsidiary, Bear Wagner Specialists; a FleetBoston subsidiary, Fleet Specialist; LaBranche & Company; Van der Moolen Specialists; and a Goldman Sachs subsidiary, Spear, Leeds & Kellogg. "

Dow Jones Down - 160

Rob-33704 — Wed, 08 Oct 2008 10:56:51 EDT

NEW YORK (CNNMoney.com) -- U.S. stocks recovered after a sharp drop at the open Wednesday, following the announcement of emergency rate cuts by global central banks.

Spear, Leeds & Kellogg, L.P. - Goldman Sachs Execution & Clearing, L.P - Fined $1 Million Dollars

Rob-33704 — Wed, 08 Oct 2008 10:31:58 EDT

FINRA reports:

Spear, Leeds & Kellogg, L.P. (now known as Goldman Sachs Execution & Clearing, L.P.) was fined, "$1 million for creating and implementing an internal system to conceal sales of securities allocated in initial public offerings (IPOs) from the Depository Trust Corporation (DTC)."

14:35 ET Dow -156.27 at 9796.05, Nasdaq -41.59 at 1821.37, S&P -18.96 at 1037.93:

Rob-33704 — Tue, 07 Oct 2008 14:48:27 EDT

From Market Report:

Stocks recovers some losses, but still post a sharp decline. The Dow was down as much as 362 points, compared to its current decline of 156 points.

[BRIEFING.COM] Morgan Stanley (MS 17.91, -5.64) pares some losses on reports that the company said the investment it is receiving from Mitsubishi will close imminently, according to Reuters.

Royal Bank of Scotland Shares Decline Â£6 billion

Rob-33704 — Tue, 07 Oct 2008 10:16:46 EDT

The Edinburgh-based bank had seen its share price plunge into double figures at one point this morning, before recovering to sit at 110.6p at 1.30pm.

It comes after 20 per cent, and more than £6 billion, was shaved off its share price yesterday in what was its biggest full-day decline in 20 years.

Bank of America cuts dividend by 50%

Rob-33704 — Tue, 07 Oct 2008 09:56:14 EDT

Bank of America preannounces lower-than-expected earnings, plans to raise $10 billion in common stock offering, cuts dividend by 50%

Keyser Soze Heists Main Street Out of $700 Billion

Rob-33704 — Mon, 06 Oct 2008 16:31:17 EDT

The Market Oracle says:

"The greatest heist in history took place on Friday when congress was CONNED into signing away $700 billion accompanied by SOME $120 billion of pork.

The Usual Suspects, Paulson, Bernanke and Cox (the Chair of SEC) over the last 10 days have proceeded to spin their verbal scare story to both the Democrats and Republicans into joining forces to hand over a ransom of $700 billion in the form of a blank check to the aid bankrupt banks to off load losses onto the US tax payer."

Wall Street hits 5-year lows

Rob-33704 — Mon, 06 Oct 2008 16:03:25 EDT

CNN reports:

NEW YORK (CNNMoney.com) -- Stocks skidded Monday - with the Dow, S&P 500 and Nasdaq falling to nearly five-year lows - as credit markets seized up and European governments' rush to prop up failing financial firms underscored the global reach of the credit crunch.

Poll finds 6 of 10 believe a depression is somewhat or very likely - seeing 25% unemployed and millions homeless and hungry.

Rob-33704 — Mon, 06 Oct 2008 15:00:51 EDT

CNN Reports:

"The CNN/Opinion Research Corp. poll, which surveyed more than 1,000 Americans over the weekend, cited common measures of the economic pain of the 1930s:

25% unemployment rate
Widespread bank failures
Millions of Americans homeless and unable to feed their families
In response, 21% of those polled say that a depression is very likely and another 38% say it is somewhat likely."

Federal Reserve doubles to $300 billion the amount it will loan banks. Loans could reach $900 billion by end of year.

Rob-33704 — Mon, 06 Oct 2008 14:53:45 EDT

CNN says:

"Experts said the moves by the Fed were an acknowledgement that many of the nation's leading financial institutions may not be able to wait until Treasury sets up its program. "

McCain's New Attack Ad - Guess Whose Photo is Repeatedly Plastered Next to Barack's

Rob-33704 — Mon, 06 Oct 2008 09:36:45 EDT

That's right - Nancy Pelosi.

I wonder what the subliminal message is ?

59% of voters would like to throw out all members of congress and start over again.

Rob-33704 — Sun, 05 Oct 2008 20:48:11 EDT

59% of voters would like to throw them all out and start over again.

Only half (49%) believe that the current Congress is better than individuals selected at random from the phone book. Thirty-three percent (33%) believe a randomly selected group of Americans could do a better job and 19% are not sure.

By the Way - it is Actually a $6,300,000,000,000 Bailout.

Rob-33704 — Sat, 04 Oct 2008 10:47:09 EDT

The primary function of the federal reserve is to create money. If a U.S. government security for $1,000 is held by the federal reserve it can then have the Treasury Department to print $1,000 worth of federal reserve notes which Treasury then gives to the federal reserve.

The federal reserve now has $1,000 in cash, or more properly "fiat" money. The federal reserve retains a percentage of this cash, say 10%and loans the remainder to a second bank. This is known as "fractional banking" because only a fraction of the money is actually on-hand at the bank.

The second bank also retains a percentage of the $900 - say $100 - and let’s say two of the bank’s customers obtain loans for $400 each and this money is deposited to the customer’s bank accounts. The bank deducts a percentage, say $100 and this bank now has an additional $700 which it then loans to a consumer.

The original $900 which was loaned to the bank by the federal reserve has been transformed into $1,700. How? Fractional cash reserves at bank total $200. Loans to customers one and two total $800. The loan to customer three is $700. Loans of $1,500 plus cash in bank of $200 equals $1,700.

This process can go on and on and on. At least until people ask for more cash than is actually in the bank. Then the federal reserve send more "money" and the process starts all over.

Until people ask for more cash than is in the federal reserve system. Then congress has to authorize an increase in the national debt so more money can be created by the federal reserve.

That is why one of the items in the bailout just passed by congress was an authorization increasing the national debt - which basically is the money we citizens owe the federal reserve.

Now take that $700,000,000,000 authorization and multiply by at least 9 - fractional banking. Remember? That is at least$6,300,000,000,000 in new money that could soon be in existence.

The real question is, what is the financial oligarchy going to do with that mone. One word - CHINA.

Now That the Bailout is a Done Deal PB Can Get Back to it's Usual Meaningful Discussion of the Issues

Rob-33704 — Sat, 04 Oct 2008 09:22:47 EDT

The following are some of the more meaningful and relevant observations I've seen some of our members making.

McCain Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah.

Palin Blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah Blah blah blah blah blah blah blah.

Todd Blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah Blah blah blah blah blah blah blah.

Cindy Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah

Expense account Blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah.

Troopergate Blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah.

Can see russia from Alaska Blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah. Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah Blah blah blah blah blah blah blah.

Yeah - that should win the election.

Dictatorships NEVER Give You a Choice

Rob-33704 — Fri, 03 Oct 2008 15:08:43 EDT

One of our members made the following comment on one of my posts:

"Moreover, the American people need to understand better what is going on in this country and stand up and contact their representatives. This time, they congress had no choice. "

Dictatorships never give you a "real" choice. Look up the word "dictate."

The only choice dictatorships give is, "submit or be forced to submit."

That is why those farmers at Lexington are worth being honored. They KNEW that they would get to fire one (!) round and that then the British bayonets would be shoved through their intestines.

The vast majority of people have no where near enough courage to make any dictatorship show itself for what it really is,