Wall Street Change offers simple, logical solutions to tough economic problems
that appear to have been caused by Wall Street Investment Fraud.

Showing posts with label George Bush. Show all posts
Showing posts with label George Bush. Show all posts

Tuesday, October 7, 2008

NBC Bailouts out on CSPAN Bailout Spoof starring George Soros, Pelosi, Frank, Bush & Sandler lookalikes, but others have preserved the clip.


The Saturday Night Live CSPAN Bailout spoof video clip has been removed by NBC. I consider this bait and switch. Garner great ratings from political material, then pretend it never happened. I stumbled upon a gracious entity who understands the importance of preserving political art and you can download it at Saturday Night Live Spoof starring George Soros lookalike.

This link automatically downloads a wav file to your computer so don't click on it if you don't want it on your computer. I downloaded it with no problems. If you download the video the George Soros piece is in the final 90 seconds, however I don't think you can fast forward the video to the final 90 seconds.


Allegedly the Sandlers complained about their spoof segment, presumably about the caption that appeared over their scene. I can see why they would be concerned. The Saturday Night Live CSPAN piece should have stayed available with the Sandler caption blurred out or rewritten. Yes that can be seen as a form of censorship but since it involves inflammatory language about offing someone, I think an exception could be made.

For NBC to pretend the piece never existed is just wrong and in a way they may be doing more wrong by not accommodating the Sandlers AND letting the viewing audicence see the piece for ALL THE OTHER BITS THAT ARE IN IT. One wrong should not mean an entire piece is deleted from the internet.

George Soros manipulated the democratic race and Barack Obama doesn't care that millions of hard working voices and the elderly were denied a realistic chance to be heard in the Great Plains caucus contests, not to mention Florida, Michigan and Texas.

Sunday, October 5, 2008

Saturday Night Live Transcript of a CSPAN Spoof involving George Soros, Nancy Pelosi, Barney Frank, and the Bailout.

Transcript of Saturday Night Live CSPAN spoof starring "George Bush, Nancy Pelosi, Barney Frank, and George Soros" lookalikes. I transcribed this myself, my preference is anyone can put a link to here rather than just cutting and pasting it somewhere else, thanks.

Barney Frank
Many of you are probably wondering where did that 700 billion missing from our economy go. To help answer that, let me introduce our good friend, Billionaire Hedge Fund Manager George Soros.

George Soros
Zo vut became of zat 700 billion dollars. Well, Basically it belongs to me now. Actually, it's not even dollars anymore but Swiss Francs. Since I have taken a short on position against the U.S. Dollar.

George Bush
Oh Really - that's not good.

George Soros
You're not to speak, I don't like you.

George Bush
(nods incoherently)

George Soros
Yes uh, the U.S. Dollar will have to be devalued sometime next week, either Tuesday or Wednesday, I haven't decided which yet, it will depend on how I feel.


Barney Frank
Thank you very much Mr. Soros, You're a great man.

George Soros
Yes, could I just add that even though you know whats coming, you won't be able to do anything about it.


Nancy Pelosi
You're a wise man, Mr. Soros (in awe), and a powerful one.

Barney Frank
You are better than us.

George Soros
(to Anne Hathaway's penniless husband) Your wife is physically attractive, sell her to me please.

Husband
Sure

Hathaway
OK.

End of faux CSPAN conference courtesy of Saturday Night Live.

The video clip has since been removed by NBC. However, you can download it at Saturday Night Live Spoof starring George Soros lookalike. This link automatically downloads a wav file to your computer so don't click on it if you don't want it on your computer. I downloaded it with no problems. If you download the video the George Soros piece is in the final 90 seconds, however I don't think you can fast forward the video to the final 90 seconds.

Friday, September 19, 2008

Media Afraid to Tread where this Article Dared to go a year and a half ago.

This is my second reprint of this article. I warned about what was happening to the United States economy back in February of 2007. Pretty much everyone of my complaints has come home to roost.
----------------------------------------------------
Here is a link to the end of the United States as we know it. Home Depot to sell Supply Services Division to make Wall Street "Happy." Below is the article with my comments interspersed.

News Story posted below with responding commentary by Alessandro Machi.
----------------------------------------------------
Posted on Tue, Feb. 13, 2007

Home Depot to consider sale of division

HOME DEPOT SUPPLY SERVES CONTRACTORS, OTHERS; NEW CEO REVIEWING OPTIONS FOR CHAIN

By Harry R. Weber
Associated Press
ATLANTA - Home Depot, the world's largest home-improvement store chain, distanced itself further from the strategies advanced by former Chief Executive Bob Nardelli as it said Monday it will consider shedding its division serving contractors, home builders and other business customers.

The company's shares rose on the news.

-----------------------------------------------------
Home Depot's stock market "value" has risen because Wall Street has approved of a strategy that minimizes the value of American Citizens who do blue collar jobs such as carpentry, plumbing, landscaping and general home improvement for a living.

-A.M.
----------------------------------------------------
Some analysts said the decision to possibly sell Home Depot Supply could benefit the company by allowing it to focus on generating value for shareholders, while others suggested it could put the onus back on the company's retail side, where it faces tough competition from Lowe's.

----------------------------------------------------
How does one "generate value" for Wall Street stockholders? It appears that the Wall Street investment community sees the disenfranchising of Blue Collar American Workers who work in America for other American Citizens as having inferior "value" when compared to businesses such as WalMart that sell retail products imported from other countries.
-A.M.
---------------------------------------------------
The announcement followed a decision earlier this month by the Atlanta company to give a seat on its board to an investment group that wants Home Depot to consider, among other things, a leveraged buyout of the entire company as a way to generate shareholder value.

The group, Relational Investors, had threatened a proxy fight over the home-improvement company's strategic direction, part of an undercurrent that led to Nardelli's resignation in early January after six years at the helm of the company.

----------------------------------------------------
According to Wall Street "experts" it was unnacceptable for Home Depot to have a "supply division" that enabled skilled American Citizens who work with their hands to have a place to go to buy the products they need to do work for other Americans. Because Home Depot Supply Division could not create the kind of immediate profit that importing from other countries can create, Wall Street thinks the division should be sold off.

-A.M.
---------------------------------------------------
Frank Blake, who replaced Nardelli as CEO, said Monday's announcement regarding Home Depot Supply was part of a strategic review the company conducted in November.

---------------------------------------------------
What Mr. Blake calls a "strategic review" I call a sucide bomb placed directly into the heart and soul of the American Blue Collar worker. Wall Street supports the premise that it is not preferrable to sell supplies to American skilled labor because that will generate a smaller profit margin than selling product that is imported from other countries.

-A.M.
--------------------------------------------------
Nardelli had said repeatedly that he believed the company's strategy under his watch did not need changing.

---------------------------------------------------
Mr. Nardelli appears to be a controversial figure. While I wholeheartedly agree with his position that Home Depot should not shed it's Supply Division, Mr. Nardelli just received a huge, really huge severance package for his tenure at Home Depot. It appears that Mr. Nardelli understands that without a strong local economy which the Supply Division of Home Depot helps nurture; local community economies would stagnate. It just seems a shame Mr. Nardelli was paid so much darn money for that basic understanding. Home Depot Supply is the seed that bears fruit for local communities throughout the United States yet Wall Street seems to focus solely on quarterly profit margin reports and is unwilling to acknowledge that long term stability matters just as much.

-A.M.
---------------------------------------------------
Blake said the company wants to concentrate more on its retail business.

---------------------------------------------------
Retail business means the importing of product from other countries at the loss of local blue collar jobs, that's what is Good for Wall Street, but is that what is good for your local community?

-A.M.
----------------------------------------------------
The company said it would ''evaluate strategic alternatives'' that also could include an initial public offering of the supply business. Home Depot did not say how much it could fetch for HD Supply, but some analysts valued it at $5 billion to $7.5 billion.

------------------------------------------------
Strategic alternatives is a code word for outsourcing, for buying as much product from other countries as possible at the expense of the local communities ability to create skilled labor jobs.

-A.M.
-------------------------------------------------
Analysts had mixed reactions.

''While we had long been advocates of the Home Depot Supply business, the market never seemed to warm up to the strategy, viewing it more as a lower-margin, lower-return distraction from retail,'' David Strasser, an analyst with Banc of America Securities, said in a research note.

-------------------------------------------------
Lower profit margin does not mean the Home Depot Supply division was losing money, it just means that it was making less money than Home Depot could allegedly make if it were to simply focus on importing products from other countries.

Do you see a dangerous pattern emerging here? No new United States business can be created that uses United States Labor and United States resources and still score as high a rating with Wall Street as a U.S. business that imports products and/or services from other countries.

At some point, do we dare ask if Wall Street's institutional practices and objectives are violating the constitution of the United States by aggressively advocating the outsourcing of all goods and services to other countries over the blue collar citizens of the United States?

-A.M.
------------------------------------------------
Strasser said Home Depot's stock should react positively to the news.

''This tells us new CEO Frank Blake is focused on value, and taking a fresh look at every aspect of the business,'' Strasser wrote.

-------------------------------------------------
Increased value for whom? Perhaps increased value for those who are already worth millions and salivate for millions more from their Wall Street Stock holdings. How is this "fresh look" achieved, by focusing on the import retail business while downgrading the importance of the local blue collar worker.

-A.M.
--------------------------------------------------
But Mark Rowen, an analyst with Prudential Equity Group, said in a research note of his own that without HD Supply as a growth vehicle, investors soon could start to focus more intensely on Home Depot's core retail segment, which he believes is close to reaching store saturation in the United States.

----------------------------------------------------
Mark Rowen is a smart person. What Mr. Rowen is saying is the diversity of products and services Home Depot provides all over the United States fuels a huge amount of local economies by serving both the consumer with goods they can immediately use, and the blue collar worker with core products they require to do skilled labor, to have a job!

Home Depot is a company that has become an essential economic cog and valued member of local communities throughout the United States, whereas the same cannot be said of Walmart, which actually assisted in the rise and fall of a small town rubbermaid plant located in Wooster, Ohio several years ago. The rubbermaid plant was disassembled and the assembly line manufacturing components were sold to China, over a thousand workers in Wooster Ohio lost their jobs.

What Wall Street is saying to Home Depot is, "Be like Walmart and offer retail only products made from other countries or we will downgrade your Wall Street Value". What Mr. Rowen has intelligently pointed out is that companies that help the local community create and maintain jobs have an intrinsic value that cannot be easily measured by Wall Street. Ironically, it's smaller profit divisions within a company like Home Depot Supply that actually help stabilize a local communities economy and as a result help other Wall Street Stocks meet their bottom line because the local economy sustains more jobs, which results in more overall spendable income.

-A.M.
----------------------------------------------------
''We believe that Home Depot will continue to struggle with the effects of a difficult housing market in the near term, as well as intense competition from archrival Lowe's longer term,'' Rowen wrote.

----------------------------------------------------
Another excellent point by Mr. Rowen. Home Depot has a competitive edge because it offers a diversity of goods and services. Once Home Depot "cuts and runs", they may gain an instant increase in stockholder value for the investors who want to make a quick buck by selling their Home Depot stock. Afterwards Home Depot will simply blend in with their competition and most likely no longer hold any advantage. Meanwhile the blue collar workers who lose their jobs because of less supply availability won't be able to buy any product from Home Depot at all.

-A.M.
----------------------------------------------------
Overall, Home Depot currently operates 2,159 stores in the United States, Canada, Mexico and China.

----------------------------------------------------
Let us not forget, Home Depot not only sells products to consumers, but Home Depot Supply currently sells product to creators, innovators and blue collar people who use Home Depot Supply product in their own line of work. These jobs fuel the local economy so people have money to spend in their own community. Wall Street is insidiously proposing that it's always better to import product and services from other countries rather than creating the product in the United States. Wall Street is advocating an outsourcing paradigm because it will always create a larger profit margin than can be created with United States skilled labor. Wall Street is advocating this outsourcing motiff at the loss of blue collar jobs in the United States.

In a related scenario, since Wall Street has decided to completely embrace the importation industry over blue collar American Made Jobs, the War in Iraq takes on added significance. Having access to the worlds oil supply is imperative for any country intent on creating an import economy because it takes petroleum to fuel the huge number of ships that bring product from all over the world to our own ports. Yes, Wall Street, whether they realize it or not, appears to be a war mongering institution as well.


-Alessandro Machi

Tuesday, July 15, 2008

Stock Market Inflexibility, It's Their way or No way, same for the Government.

It just seems odd to this corner of the world that the stock market, the banking industry, and the U.S. Government seem to care only about long term profitability rather than short term consumer stability. I find this odd because in general these three entities usually seem to care only about short term issues.


Suddenly, when it comes to helping the consumer, it's a "this is going to hurt me, more than it is you" premise.

Short term consumer stability revolves around the banks, government, and wall street being satisfied that people can pay their monthly bills. One way to achieve this is to recognize that the interest charges on OLD, credit card debt is the first thing that should go. This would instantly give people hope that they could reduce their debts and start saving.

Banks don't seem interested in consumer stability if it means letting go of OLD credit card interest payments. Banks continue to hold on to their OLD credit card debt and are using it to further bury the consumer with OLD interest debt that the consumer has already been paid back over and over. This ill gotten money is then handed over to everybody BUT the consumer. Rather than use the ill gotten OLD interest rate charges to reinvest in the local community, the money is dumped in other countries, this investment then creates products that put more and more americans out of work while destroying the local infrastructure. These acts are approaching treason.

Our military uses more fuel than most nations, which in turn is adding huge debt on a daily basis while reducing the overall value of publicly owned real estate. This allows the Middle East to buy up our land with our own money at an even faster rate than can be imagined, is that a plan? We have always bragged about a separation of church and state, when do we get to brag about a separation of military and the politicians who financially benefit whenever the military goes to war?

Tuesday, June 17, 2008

500 Year Flood, Dredging up Mountains of Mud might have prevented billions of dollars in Damages.

Apparently, there may be a "wave effect" from all the Mississippi River related flooding. Places farther north that are suffering right now, such as Cedar Rapids, Iowa, may then translate into places further south having their flooding problems in the near future. Is it possible that some type of dredging or ground forces could make a difference farther south, except that perhaps we just are not prepared to fight wars against nature?

Is it possible that George Bush believes that the military is to be used only to fight in other parts of the world, but never to heal problems in the United States? In a twisted sort of way, is the government secretly pleased that the floods will cause a lot of damage, and that once the floods have receded the local economies will get a much needed boost from the insurance companies? Could that be the master plan?

I think we can do much, much better than that.

Monday, June 9, 2008

Solving the Home Owner Crisis Requires more than a Stimulus Check.

A better way to stimulate the economy is to eliminate interest rate charges for a while. An economic stimulus package in which the entire amount of the stimulus check goes towards higher gasoline prices is silly, no? If I were a bank and I was worried about millions of foreclosures, I would value keeping the homeowner making a monthly payment over simply foreclosing on them.

But for some inexplicable reason, the banks seem reluctant to waive interest payments. The obvious reason is that if they waive interest payments for some, they will have to do this for everybody. The reverse corollary to this reasoning is, if the banks don't waive interest payments, the debtors who lose their homes just become more of a drain on society, and it will be up to others to prop them up.

How about this idea. Waive all interest payments on home mortgages UNTIL a homeowner is no longer upside down on the house, plus 20% equity. So if a homeowner owes more on a house than the house is worth, they get to stay in the home as long a they make interest free payments. Once they have built up 20% equity in the home, they can either put the home up for sale, or agree to new terms that now involve interest.

Assuming banks have behaved ethically in how they have managed their homeowners loans, the above solution is a no brainer that helps everybody get through the current crunch. If it isn't done sooner rather than later, than we can assume the fix is in to imprison the american citizen for some ulterior motive.

Share Gadget