07 March 2009

Senator McCaskill Outs The Entire Pork Loving Republican Senate Leadership In 2 Minutes Flat!

This is a video you must click on so as to understand just how bankrupt the G-Hop* Party has become.

Senator McCaskill points out the following:

1. Every single member of Republican leadership has "earmarks" (pork) in the Stimulus Bill

2. Every single one of these Republicans rejected the Stiumuls Bill

3. She gives one earmark by a Republican for "The Interstate Shellfish Sanitation Conference". Another Republican sponsored program was called "Beetle Management - Parking Lots".

4. She continues to remind you these are the fat cats who voted against the Stimulus Bill, who keep crying about "waste", yet each and every one of these cowardly Republicans slipped their own "earmarks" into the bill they voted against.

5. McCaskill says, "If you don't believe me, check out the taxapyersforcommonsense.net website. (Click red link to see database you can use to compare Republicans vs. Democrats . . . the numbers are shocking) . . . 6 of the 10 biggest earmarks in this bill are from my friends from the other side. In fact, the Republican leader for the Senate has twice as many earmarks in this bill than the Democratic leader. "

6. As McCaskill so eloquently says, "Don't take anyone seriously who says one thing, and does another."

7. Amen, Sister!

*GHOP = Grand Hypocritical Old Party

06 March 2009

World Business/Economic News for 6 Mar 09

US Business/Economic News for March 6, 2009

05 March 2009

Jon Stewart Nails CNBC Last Night

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5 Mar 09 - Watchworld's Business/Economic/Housing News: Obama's Housing Plan, Oil Above $45 A Barrel, European Central Bank Lowers Rates To New Low

Don't forget to visit our primary news website www.a1anews.com

04 March 2009

Jim Rogers: March 1, 2009 Interview - "We're going to have another Great Depression in the United States!"

Jim Rogers says Ben Bernanke "has never been right" and that his saying things will even out by end of the year. Rogers says Geithner is a cause of Wall Street's failur as former head of the NY Fed?

"There's not such thing as too big to fail," exclaims Rogers! Proper, competent businesses are held back by the incompetent who are contiually bailed out.

Rogers still thinks agriculture is where investors and workers should focus.

Rogers will be getting rid of his remaining US Dollars, and he's thinking he'll be putting his money into real products and commodities, such as cotton, zinc and other hard assets which should rise soon enough.

"If you ask me, yes, we're going to have another Great Depression in the United States," Rogers unequivocally claims.



Rogers claims countries rich with natural resources will come out of this Economic Collapse in better fashion than countries who were built on false profits from FIRE sector economics and financing.

Simply put, Rogers hasn't changed his tune one note in over a year . . .

02 March 2009

60 Minutes: "The Man Who Knew"

The Man Who Figured Out Bernie Madoff Was A Fraud Long Ago

This is a mind numbing interview with Harry Markopolos who blew the whistle on Bernie Madoff . . . not once, not twice, but five times . . . starting in 2001.

In this exclusive interview, we learn than Markopolos began his Madoff watch over a decade ago when his boss asked him to reverse engineer the incredible results claimed by a hedge fund run by the ex-CEO of the NASDAQ, Bernie Madoff.



Markopolos, heavily schooled in Calculus, statistics and other advanced mathematics claims it took him only "5 minutes" to know that Madoff was a fraud, and it took him another 4 hours of mathematical modeling to prove Madoff was a fraud.

Markopolos explains he knew Madoff was doing one of two things to claim these unsustainable returns in his hedge fund:

A)Madoff was inside trading

or

B)Madoff was lying about his results

Either way, he knew Madoff was destined for prison.

Other tidbits from this 60 Minutes piece where we learn:

  • Markopolos explains why he believes Wall Street knew about Madoff's fraud and why they didn't blow the whistle like he did
  • Markopolos tells us the reasons why the SEC investigators are so inept at uncovering financial felonies (very interesting view).
  • There's actual footage of Bernie Madoff praising the SEC before a non-profit group saying, "It's virtually impossible for a violation to go undetected." Later this same non-profit group goes bankrupt after investing it all in Madoff.
  • How one woman has to move in with friend while putting her mom in a Medicaid run assisted living center because of Bernie Madoff
  • How one 80 year old man lost an 8 figure family fortune by investing with Madoff who admits on camera he and his wife have just enough money to live on for the next 60 days (you'll also see what he and his wife were selling to cut expenses)
  • What is an "Affinity Scam"?
  • How one feeder fund made hundreds of million so dollars yearly by sending Madoff business in return for "finder fees"
  • How feeder funds made the Madoff Scheme and International scam
  • What Fairfield Greenwhich Hedge Fund, which invested heavily in Madoff, is accused of not doing for the past 20 years to insure their investors' safety

So, gang, here's another "This is what you get when you trust the Best and Brightest Masters Of the Universe" videos we are chronicling daily here at the Watchworld and on http://www.a1anews.com/



Beware, it's dangerous to your wealth out there!

Rock in Key West






01 March 2009

Bill Maher's New Rules for February 27, 2009: Highlights - Pompous Pilot, "MILF" Realtors, Fart Noise Lawsuit, Snuggies, Twittering, Lowbrow America

The good stuff is sprinkled throughout from this week's "New Rules"

"Let's put up signs in front of houses which aren't for sale!" And then Bill busts on Realtors putting their photos on Real Estate signs. (Play the video to hear the crack.)

Bill next takes on one of my favorite "can it get any stupider" stories from the past week on http://www.a1anews.com/ . . . the lawsuit between iFart and Pull My Finger . . . and Bill moves in for the kill ("I wish I were kidding...") as it being a testimonial as to how lowbrow the country is becoming when one of the hottest apps on an iPhone is a farting noise.

. . . After the fart story, Bill really takes off on a rant after he dons his Snuggie (worth seeing just for the image of Bill Maher in a blue Snuggie which he describes as a "giant bib" and what that image is sending to the Chinese who own our ass), and he goes on to sling some verbal grenades at one of my personal shibboleths, the time wasting 140 character messages called "Twitters". Maher picks up steam and turns the rant into a beauiful comment on what is wrong with America.

I'll say no more, except the truth hurts and this rant at the end is one all serious people who are paying attention will laugh at after the hard Winter we've all gone through in this country.

Enjoy!

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