SD Democratic Women

It's Over...!

Percy H Florez — Mon, 06 Oct 2008 12:08:04 EDT

The only plausible think the government has to do is CLOSE the market for at least one week until they decide declare the country economy in recession and take the necessary approach to handle this economic overturn.

Percy H Florez

The Name's of The Fallen / Part 16 / Total Count as a today 5/25/2008 4177 Soldiers are Dead / Names In Reverse order from: 4158 to 4177

Percy H Florez — Thu, 02 Oct 2008 18:02:26 EDT

The Name's of The Fallen / Part 16 / Total Count as a today 5/25/2008 4177 Soldiers are Dead / Names In Reverse order from: 4158 to 4177

4177 9/29/2008 Specialist Christopher T. Fox 21 Memphis TN
4176 9/27/2008 Private 1st Class Jamel A. Bryant 22 Belleville IL
4175 9/24/2008 Captain Michael J. Medders 25 Ohio OH
4174 9/25/2008 Staff Sergeant Ronald Phillips Jr 33 Conway SC
4173 9/23/2008 1st Lieutenant Thomas J. Brown 26 Burke VA
4172 9/14/2008 Chaplain (Col.) Sidney J. Marceaux Jr 69 Beaumont TX
4171 9/21/2008 Staff Sergeant Matthew J. Taylor 25 Charleston SC
4170 9/18/2008 1st Lieutenant Robert Vallejo II 28 Richland Hills TX
4169 9/18/2008 Corporal Michael E. Thompson 23 Harrah OK
4168 9/18/2008 Chief Warrant Officer Brady J. Rudolf 37 Oklahoma City OK
4167 9/18/2008 1st Sergeant Julio C. Ordonez 54 San Antonio TX
4166 9/18/2008 Sergeant Anthony L. Mason 37 Springtown TX
4165 9/18/2008 Sergeant Daniel M. Eshbaugh 43 Norman OK
4164 9/18/2008 Chief Warrant Officer Corry A. Edwards 38 Kennedale TX
4163 9/17/2008 Captain Darrick D. Wright 37 Nashville TN
4162 9/17/2008 Private 1st Class Leonard J. Gulczynski I 19 Carol Stream IL
4161 9/14/2008 Lt. Colonel Ralph J. Marino 46 Houston PA
4160 9/14/2008 Sergeant Wesley R. Durbin 26 Hurst TX
4159 9/14/2008 Staff Sergeant Darris J. Dawson 24 Pensacola FL
4158 9/15/2008 Sergeant 1st Class Daniel R. Sexton 53 Wentzville MO

Total Count as a today @ 5:50 PM 10/2/2008 : : 4177 soldiers are dead
More Information please visit our data base: : The Name's of the Fallen
Or you can visit the DoD web site: : US DoD News Release

S T O P T H E W A R

Stop the War & Bring Troops Home

Percy H Florez

True & False - about the bailout & the campaign of terror!

Percy H Florez — Wed, 01 Oct 2008 19:59:19 EDT

They said:

If the bailout does not pass the people are going to loose the money in his bank accounts.

FALSE: THEY ARE INSURED BY THE FDIC (Federal Deposit Insurance Corporation)

If the bailout does not pass is the end of the world, it’s a financial catastrophe.

FALSE: nothing like that is going to happen because this crisis is a failure of CORRUPTED financial institutions and they are small in number compare with those who are playing by the rules.

If the bailout does not pass the economy are going to sink in to a deep recession.

FALSE: This is another argument they use to hidden the real true and scare the people in “MAIN STREET”. This economy of this country is “IN CONTRACTION STATUS”, this means the power of acquired good for the people every day is less than before. This could be corrected with a good and strong policies reinforcing the INCOME of every American and reinforcing this sectors of the economy that are capable to generate more employment. A good example could be investing this 700 billion in infrastructure around the nation.

If this bailout does not pass you can not get loans to buy house, cars and you can loose your credit card.

FALSE: One of the main problems of this crisis is THE ABUSE and the BAD USE of the credit. They buy houses they couldn’t afford to pay. They buy cars they couldn’t afford to pay. They misused his / her credit card and they couldn’t afford to pay. All this happen for the ambition and mismanaged of the CEOs of this corrupted bankers or institutions.
So what kind of bailout (CORRECTION) would be this, if this money go again to the market with the same purpose as is the mantra of the government and the lawmakers who are supporting this legislation.
Moreover if you want a loan and have a good credit and you can afford and pay your debts do so, but if not, don’t do it!

If this bailout does not pass the entirely banking system are going to crash and people in Main St., are going to suffer for a lot!

FALSE: As I said before, this particular crisis can be solving by the market as is. In this country there are very serious banking institutions that are capable to absorb the failure of the others in a very intelligent manner without compromising his capital.
Bank of America, JP Morgan and other banks are a good example and they will be very happy receiving those people looking loans for homes, cars, boats and credit cards!, working people who are capable and can afford to pay on time his bills.

These bailouts has to pass, to secure more liquidity to the banking systems buying his negative assets and generate the reactivation of the economy, them people in Main St., can get more loans of any kind.

FALSE: The economy of this country is IN CONTRACTION STATUS, people can afford pay his bill because the power of the dollar is less than before. Essentially this MODEL can’t afford print more dollars with the deficit the country had. Actually the difference between this country and countries around the world less wealthy is his ability to PRINT MONEY. This NEGATIVE economic behavior is the main concern of economists around the world. I have no doubt Mr. Paulson and Mr. Bernanke know very well about it, but they prefer to buy time instead to try and get the right solution for this crisis.

If this bailout does not pass the economy could be worsened

TRUE: The economy will be worsened but not because the bailout could be pass or not. The economy is in a bad shape and the solution has to come with a structural correction of the deficit and a best economic practice with the conscientious study of the factors that are generating this contraction in the economy and come up with good, reliable and stable economic practice solutions.

People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE"

Percy H Florez

True & False - about the bailout & the campaign of terror! | TERROR # 6

Percy H Florez — Wed, 01 Oct 2008 15:49:45 EDT

If this bailout does not pass the economy could be worsened

TRUE: The economy will be worsened but not because the bailout could be pass or not. The economy is in a bad shape and the solution has to come with a structural correction of the deficit and a best economic practice with the conscientious study of the factors that are generating this contraction in the economy and come up with good, reliable and stable economic practice solutions.

People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez

True & False - about the bailout & the campaign of terror! | TERROR # 5

Percy H Florez — Wed, 01 Oct 2008 15:30:26 EDT

FALSE: The economy of this country is IN CONTRACTION STATUS, people can afford pay his bill because the power of the dollar is less than before. Essentially this MODEL can’t afford print more dollars with the deficit the country had. Actually the difference between this country and countries around the world less wealthy is his ability to PRINT MONEY. This NEGATIVE economic behavior is the main concern of economists around the world. I have no doubt Mr. Paulson and Mr. Bernanke know very well about it, but they prefer to buy time instead to try and get the right solution for this crisis.

People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez

True & False - about the bailout & the campaign of terror! | ARGUMENT OF TERROR # 4

Percy H Florez — Wed, 01 Oct 2008 14:50:47 EDT

If this bailout does not pass the entirely banking system are going to crash and people in Main St., are going to suffer for a lot!

FALSE: As I said before, this particular crisis can be solving by the market as is. In this country there are very serous banking institutions that are capable to absorb the failure of the others in a very intelligent manner without compromising his capital. Bank of America, JP Morgan, and other banks who are trembled with this financial crisis, they would be very happy good people come to his office requesting loans for homes, cars, boat and credit cards!, the only concern is that they want people who are capable and can afford to pay his loans.

People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez

True & False - about the bailout & the campaign of terror! | ARGUMENT OF TERROR # 3

Percy H Florez — Wed, 01 Oct 2008 14:14:31 EDT

If the bailout does not pass the economy are going to sink in to a deep recession.

FALSE: This is another argument they use to hidden the real true and scare the people in “MAIN STREET”. This economy of this country is “IN CONTRACTION STATUS”, this means the power of acquired good for the people every day is less than before. This could be corrected with a good and strong policies reinforcing the INCOME of every American and reinforcing this sectors of the economy that are capable to generate more employment. A good example could be investing this 700 billion in infrastructure around the nation.

People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez

True & False - about the bailout & the campaign of terror! | ARGUMENT OF TERROR # 2

Percy H Florez — Wed, 01 Oct 2008 13:57:48 EDT

They said:

If the bailout does not pass is the end of the world, it’s a financial catastrophe.

FALSE: nothing like that is going to happen because this crisis is a failure of CORRUPTED financial institutions and they are small in number compare with those who are playing by the rules.

People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE"

Percy H Florez

True & False - about the bailout & the campaign of terror! | ARGUMENT OF TERROR # 1

Percy H Florez — Wed, 01 Oct 2008 13:43:06 EDT

They said:
If the bailout does not pass the people are going to loose the money in his bank accounts.

FALSE: THEY ARE INSURED BY THE FDIC (Federal Deposit Insurance Corporation)

People must remember this on November 4 and remove this politicians with the "POWER OF THE VOTE"

Percy H Florez

It's time to pay the bill!

Percy H Florez — Sun, 28 Sep 2008 18:17:08 EDT

Now lawmakers are going to pay the bill they owe to this fraudulent bankers with the money of the taxpayer!

Percy H Florez

About The Show - (DEBATE)

Percy H Florez — Sat, 27 Sep 2008 10:44:49 EDT

Boring, ridiculous, stupid!

If change come to Washington is because or an African-American could be the president or because a woman could be the vice-president.

That's it!

Percy H Florez

If you want to understand this crisis---->

Percy H Florez — Thu, 25 Sep 2008 19:55:13 EDT

You must read about the Financial Crisis in other countries. Don’t go to far, find out in this continent.

During his financial crisis they don’t have any proximity to have 700 billion dollars only few millions dollars to handle the pain.

They have probably less than 100 millions.

During his crisis they handle well without this bulk of money, they never compromise his own capital. As a today some of this countries live now with problems but better than ever. Actually his market does not suffer and have not concern about this international crisis. Some export capital and have a lot of investments in other counties of the region.

The point is, no one this politician said right here about the consequences of NO Bailout this fraudulent bank is so painful than they try to terrorize the population of this country.

This is only part of the brutal campaign of terrorism this President has against the taxpayer to obtain whatever he wants as he did with the illegal invasion of Iraq.

No one have the rights to institutionalize the corruption!

These countries of my history in this post now have strong banks and are growing fast.
Why? They learn the lesson!

Percy H Florez

The entirely country is heating up!

Percy H Florez — Thu, 25 Sep 2008 12:59:51 EDT

Internet and the media is flooding very quickly of information about huge protest are going to take in place around the country.

I really hope lawmaker listen the people, I hope measure come up!
It’s very important to be clear that your right end where the right of the others begun, in that way if are your going to protest, do it, it’s your right, but does it respectfully of the law and order.

Percy H Florez

They can be and should be removed from congress on november 4

Percy H Florez — Thu, 25 Sep 2008 11:54:17 EDT

Don't forget this: as Obama said "CHANGE COME TO WASHINGTON" ----- this change could be true if any single American this November decide to REMOVE every single lawmaker who agree with his / her VOTE for this Bush proposition.

This is a very important decision and the people of this country can make the difference in November 4.

"THEY CAN BE AND SHOULD BE REMOVED with THE POWER OF THE VOTE"

Percy H Florez

What a solution!

Percy H Florez — Wed, 24 Sep 2008 13:13:37 EDT

GENTLEMAN'S

IF YOU WANT PUT
YOUR MONEY FROM YOUR OWN POCKET, IT'S YOUR PROBLEM.

This Fraudulent Bankers need to go to jail!

Percy H Florez — Mon, 22 Sep 2008 19:33:19 EDT

PERIOD

They need to go to jail and all his helpers!

PERIOD

Percy H Florez

Saudi Arabia | URGENT

Percy H Florez — Mon, 22 Sep 2008 15:01:46 EDT

Is pushing the cartel to increase the price of the barrel restricting the offer to the oil market; special "THE FUTURE MARKET"

URGENT: from one source in PDVSA, Caracas, Venezuela, they receive a confidential communication urging the holding to restrict the offer in to the market with the only purpose to raise the price of the barrel.

More over they want each member of the cartel initiate negotiations to set aside the dollar in the future and look for new and fresh EUROS.

This is the best wishes of our best Allie, this anti-democratic country and his leaders are the best friends of George W Bush.

Percy H Florez

Are you ready to help your country?

Percy H Florez — Mon, 22 Sep 2008 10:34:33 EDT

wake up Americans!
SAID NO TO THIS BAILOUT
SAID NO TO PUT THE COUNTRY AT THE MERCI OF 20 OR MORE COMPANIES
KEEP THIS MONEY FOR THE WORST TO HELP WHO EVER NEED BUT SAID NO TO HELP AND REWARD THIS CORRUPTED PEOPLE.

Percy H Florez

ARE YOU IN PANIC?

Percy H Florez — Sun, 21 Sep 2008 19:52:20 EDT

I just am wondering why these politicians who are trying to INSTITUTIONALIZE the CORRUPTION in this country are in PANIC?

I watch TV this Sunday for a lot, either I blog, so the only people I saw at the border of collapse and desperately afraid is the status quo of the political statements.

I ask my neighbors if are they afraid of the financial crisis and they laughing me, I ask member of my family even friends and they said the same, they are not afraid of anything. So I ask if they afraid of loosing his / her jobs and they said yes but nothing they can not handle. So I ask again if they are afraid of losing his / her money in the banks and they said are totally confident of the bank they have his / her money. And my finally question was if are they afraid of loosing his / her credit cards , ups, only one said they already lose his credit card and the others said they don’t care about it.

So, one of my neighbors say, Percy my friend, this is not your worlds get away of politicians.

So I ask to myself why this “GENTLEMEN’S” are too desperate than the normal people?

I have a clue!
I just remember past experience in my live and any book I read before, so I get in to the conclusion they have too much to loose than the normal people.

As I said before FREDDIE MAE AND FREDDY MAC are the big case of corruption ever, any single and impartial investigations is going to put in jail a lot of people, bigger names of the political status.

Of course being under the protection of the government it is the best shell them could find even at risk of lose what they call the free market.

In the mean time why they are too afraid if his friend around the word loose his companies, why this especial interest, why they don’t took the same cautious position of the government of Japan, very interesting how they defend the global market. Me too, the difference is I defend the GLOBAL AND HONEST MARKET, never the speculative market.

Conspiracy theory, maybe, some of the argument Bush’s to invade Iraq, are in place now. By the way where is the Vice-President Cheney? “We need to go to war because there are weapons of mass destruction on it” | may be you remember this government mantra before the invasion of Iraq | this is the tactic of terrorize the public opinion to obtain what they want. Now the new mantra is | “IF WE DON GO QUICKLY THE COUNTRY IS GOING TO SINK IN CRISIS” | who is going to sink in this crisis if not the lousy banker who take inappropriate risk as they want. They are going to loose every think, so, it is his problem not the problem of the taxpayers.

Finally if and as consequences of these delinquents the country goes in to a deep crisis so why the government does the following:

1. Put in jail all this craps
2. Use this 700 BILLIONS to help the old mans and women’s. Help those who are in the verge of loose his house and bring food and create a full plan of jobs injecting this money in the constructions sector and in all those big provider of jobs.

This is one probably solution, there are others way to solve the crisis; but never a solution can contain some kind of rewards and unaccountability for all of those who are responsible of this crisis as Bush’s and accompaniers want.

And finally if the authorities of the government who are in charged managing this financial crisis believe the government can buy these bad instruments and sell this easily in to the market why the headache and the rush and they don’t let this craps SELL EASILY his bad instruments without the government interventions and without put in risk the MONEY OF THE TAXPAYERS.

This is the problem and the ambiguity; the bad guys want to sell his problems (BAD FINANCIAL INSTRUMENTS) recovering his money to the good guys (TAXPAYERS) and PROFIT with this transaction.

I am not at panic and ready for all the circumstance and I prefer honesty and justice.

Mr. Chairman of the Federal Reserve and Secretary of the Treasury

This equation is valid in any part of this small rock called planet earth without idiomatic restrictions or omissions and this apply at any circumstances.

2 + 2 = 4

Percy H Florez

A Bad Bank Rescue

Percy H Florez — Sun, 21 Sep 2008 15:54:00 EDT

By Sebastian Mallaby

Sunday, September 21, 2008; Page B07

With truly extraordinary speed, opinion has swung behind the radical idea that the government should commit hundreds of billions in taxpayer money to purchasing dud loans from banks that aren't actually insolvent. As recently as a week ago, no public official had even mentioned this option. Now the Treasury, the Fed and congressional leaders are promising its enactment within days. The scheme has gone from invisibility to inevitability in the blink of an eye. This is extremely dangerous.

The plan is being marketed under false pretenses. Supporters have invoked the shining success of the Resolution Trust Corporation as justification and precedent. But the RTC, which was created in 1989 to clean up the wreckage of the savings-and-loan crisis, bears little resemblance to what is being contemplated now. The RTC collected and eventually sold off loans made by thrifts that had gone bust. The administration proposes to buy up bad loans before the lenders go bust. This difference raises several questions.

The first is whether the bailout is necessary. In 1989, there was no choice. The federal government insured the thrifts, so when they failed, the feds were left holding their loans; the RTC's job was simply to get rid of them. But in buying bad loans before banks fail, the Bush administration would be signing up for a financial war of choice. It would spend billions of dollars on the theory that preemption will avert the mass destruction of banks. There are cheaper ways to stabilize the system.

In the 1980s, the government did not need a strategy to decide which bad loans to take over; it dealt with anything that fell into its lap as a result of a thrift bankruptcy. But under the current proposal, the government would go out and shop for bad loans. These come in all shapes and sizes, so the government would have to judge what type of loans it wants. They are illiquid, so it's hard to know how to value them. Bad loans are weighing down the financial system precisely because private-sector experts can't determine their worth. The government would have no better handle on the problem.

In practice this means the government would make subjective choices about which bad loans to buy, and it would pay more than fair value. Billions in taxpayer money would be transferred to the shareholders and creditors of banks, and the banks from which the government bought most loans would be subsidized more than their rivals. If the government bought the most from the sickest institutions, it would be slowing the healthy process in which strong players buy up the weak, delaying an eventual recovery. The haggling over which banks got to unload the most would drag on for months. So the hope that this "systematic" plan can be a near-term substitute for ad hoc AIG-style bailouts is illusory.

Within hours of the Treasury announcement Friday, economists had proposed preferable alternatives. Their core insight is that it is better to boost the banking system by increasing its capital than by reducing its loans. Given a fatter capital cushion, banks would have time to dispose of the bad loans in an orderly fashion. Taxpayers would be spared the experience of wandering into a bad-loan bazaar and being ripped off by every merchant.

Raghuram Rajan and Luigi Zingales of the University of Chicago suggest ways to force the banks to raise capital without tapping the taxpayers. First, the government should tell banks to cancel all dividend payments. Banks don't do that on their own because it would signal weakness; if everyone knows the dividend has been canceled because of a government rule, the signaling issue would be removed. Second, the government should tell all healthy banks to issue new equity. Again, banks resist doing this because they don't want to signal weakness and they don't want to dilute existing shareholders. A government order could cut through these obstacles.

Meanwhile, Charles Calomiris of Columbia University and Douglas Elmendorf of the Brookings Institution have offered versions of another idea. The government should help not by buying banks' bad loans but by buying equity stakes in the banks themselves. Whereas it's horribly complicated to value bad loans, banks have share prices you can look up in seconds, so government could inject capital into banks quickly and at a fair level. The share prices of banks that recovered would rise, compensating taxpayers for losses on their stakes in the banks that eventually went under.

Congress and the administration may not like the sound of these ideas. Taking bad loans off the shoulders of the banks seems like a merciful rescue; ordering banks to raise capital or buying equity stakes in them sounds like big-government meddling. But we are in the midst of a crisis, and it shouldn't matter how things sound. The Treasury plan outlined on Friday involves vast risks to taxpayers, huge complexity and no guarantee of success. There are better ways forward.

Washington Post

Page B7 September 21, 2008

By Sebastian Mallaby

Article Link on Internet

Percy H Florez