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Member since: 2002
Number of posts: 15,480

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Goldman Sachs Hawks CDOs Tainted by Credit Crisis Under New Name

I saw the film this weekend - very powerful and disturbing, ending with the warning that the big banks are bigger than ever and Wall Street has relabeled CDOs in anticipation of pulling the same financial rape of investors yet again. The previews before the feature film included one for 13 Hours: The Secret Soldiers of Benghazi - that is one of 3 Benghazi films to be released in the coming year. Either one of these films will castrate the Clinton campaign. But back-to-back?

So stay the fuck away from any "Bespoke Tranche Opportunity" which is the same as a CDO. A piece of shit by another name will smell as putrid. No wonder Wall Street/Big Banking are cramming millions into Hillary's bank accounts, whether via her campaign, her private speaking fees or "donations" to the Clinton Family Foundation. They have BIG plans for a Hillary Clinton administration.

You really need to see The Big Short to get an understanding of how cleverly these CDOs ripped off the American economy, destroying pension plans, homeowners with mortgages, etc. And GoldmanSachs et al are ready to do it again.

The 2008 financial crisis gave a few credit products a bad reputation.
Like collateralized debt obligations, known as CDOs. Or credit-default swaps. But now, a marriage of the two terms (using leverage, of course) is making a comeback -- it’s just being called something else.

Goldman Sachs Group Inc. is joining other banks in peddling something they’re referring to as a “bespoke tranche opportunity.” That’s essentially a CDO backed by single-name credit-default swaps, customized based on investors’ wishes. The pools of derivatives are cut into varying slices of risk that are sold to investors such as hedge funds.

The derivatives are similar to a product that became popular during the last credit boom and exacerbated losses when markets seized up. Demand for this sort of exotica is returning now and there’s no real surprise why. Everyone is searching for yield after more than six years of near-zero interest rates from the Federal Reserve, not to mention stimulus efforts by central banks in Japan and Europe.

The transactions offer the potential for higher returns than buying a typical corporate bond, especially if an investor focuses on first-loss slices or uses borrowed money, or both. Obviously, the downside may be much greater, too.

And check out the first of the Benghazi films, opening in mid-January - just in time to destroy Hillary before the primaries.
“13 Hours: The Secret Soldiers of Benghazi,”

What's the Clinton Family Foundation doing for victims of pedophile priests?

Answer: nothing - because corporate "donors" don't give a shit about child victims. The only children corporate "donors" are interested in are the ones who need de minimis health care and education programs so they can handle working in 3rd world sweatshops for the aforementioned corporate "donors".

What's the Clinton Family Foundation doing for post-war victims of cluster bombs?

Same answer as above, with the added factor that there are MIC profits to be made from cluster bombs.

HRC's philosophy re intl. relations: Smokin' holes and hot messes!

Your countries are either with her or agin her. All your third world countries are belonging to Clinton Foundation to "assist" with projects aimed at benefitting the Clinton Foundation's corporate "donors".
Ya know, like road development, water and power lines, clearing out those pesky dirt farmers to provide infrastructure and space for corporate projects, PLUS di minimis education & health projects to provide dirt cheap but healthy enough labor for those factories.

"There Was Never Any Room For Hillary In Obama's Inner Circle"

I think she had very little interaction" with the president, says veteran State Department employee. "A lot of this was, you know, she would go to meetings of the NSC (national security council) when she was in town and called, but it was a very distant relationship."

The NSC sidelined Clinton at every turn—as it did other cabinet secretaries from Gates to his successors at the Pentagon, Leon Panetta and Chuck Hagel. "They would send (the defense secretary) to someplace like Botswana while they crafted North Korea policy at the White House," one former Defense Department official says.

"Obama brought her into the administration, put her in a bubble, and ignored her," says a former high-ranking diplomat. "It turned out to be a brilliant political maneuver by Obama, making it impossible for her to challenge him, unless she left the administration, and not giving her an excuse that she could resign in protest. So she was stuck."

Once she realized she would never really be a major player in Obamaland, Hillary Clinton did what she always did: adjusted her course. "She kept her head down on large issues," says a former Obama administration official. "She did a nice job of tamping down any tension between her and the White House." And she focused on her own future. With Clinton taking to the skies and traveling the world, her post at the State Department became a platform for the United States and Hillary Clinton.


In this excerpt from Clinton, Inc: The Audacious Rebuilding Of A Political Machine, Daniel Halper, a political writer and online editor at The Weekly Standard, compiles candid interviews with former Clinton administration aides, friends, and enemies to reveal the hardened relationship between Hillary Clinton and President Obama.

The Clintons are hoisted on a veritable field of their own petards

Clintons have steadily added scandals to feed their trial by fire.

Let's give Hillary credit during this primary - her surrogates have desperately tried to find something, ANY thing from Bernie's past with which to attack him. Even with their world class experience at spinning, twisting and distorting history, as in "It depends on what the meaning of 'is' is" (which they must needs do to defend Hillary and Bill from charges re: their decades of self-serving and greed), their charges re Bernie have been laughed off as weak sauce indeed.

Poor Hillary, justifies her bid for the presidency on the basis of her experience and actions, including while she was First Lady in Little Rock and then DC - then unsuccessfully tries to neutralize criticisms of same by saying that's all so long ago it should be ignored.

Mrs. Clinton wants voters to ignore her time on the Wal-Mart Board, her aggressive pro-bono defense of a man she believed guilty of raping a 12 year old, her decades old but ever-enlarging-over-the-years-revenge/enemies list, her shameful and anti-feminist trashing of Bill's seduction victims (she called them narcissitic - Wow! pot, meet kettle!), her pro-cluster bomb vote while a Senator, not to mention her most recent decade of racist campaign attacks against Obama, dodging sniper fire in Bosnia and hoovering up millions from and trading donations to the Clinton Family Fund, oops!, I mean Foundation, in exchange for sweet deal contracts via the State Department and pro-corporate-let's-exploit-the-natives-for-slave-labor-wages-development-projects by the Clinton Foundation (Haiti being one of the most nauseating examples).

For us older citizens/voters, all that ugly, tawdry, self-serving Clinton Samsonite IS old, but we remember it, and that's why we support Bernie, not Hill. Like Samsonite, the Clinton luggage is indestructible. And in this campaign, everything old is new again, as the saying goes. Meanwhile, we have a huge generation of millennials/new voters since 2008, who were in diapers during those early Clinton years, BUT have the benefit of the massive network of social media which can report on and crushingly document the Clinton scandals and financial wheeling-dealing in uncensored, unfiltered, shocking detail.

Bernie has HRC so scared, she forced PP into this premature endorsement.

The threat of the Wrath of Klinton, ya know! The Enemies List! Revenge!

On the other hand, Planned Parenthood, as well as many, many of the others who were "persuaded" to endorse HRC in the primary, are well aware that Bernie Sanders has too much decency and too much class, and will always put the welfare of the country ahead of his bank balance and ego, such that he would never wreak revenge on them personally or any organization they represent, for caving in to Clinton out of fear of retaliation.

PPFA has its roots in Brooklyn, New York, where Margaret Sanger opened the first birth control clinic in the U.S. She founded the American Birth Control League in 1921, which changed its name to "Planned Parenthood" in 1942.


A Message From the Queen!

(From an email making the rounds. Oh, those damn social network posters!)
As you know, my dear people, the last year for me has been an annus horribilus. The Royal House of Clinton has been tormented by questions about our handling of finances and subjected to tiresome questions about the tragic events in Benghazi - in the furthest regions of our empire. And, sadly, also questions about my Royal e-mails.

Nevertheless, I will not be daunted in my desire and commitment to serve you, the people. For the next seventeen months I will be traveling among you as one of you, to listen to your deepest longings and needs. I will be with you in your Wal-Marts and beside you in your Burger Kings. I will drive with you down the busy interstate highways of our land, sharing your poverty and needs.

How well I remember the days when the Duke of Arkansas and I were impoverished. After we were expelled from our Washington Palace we hardly had two mansions to rub together. We were so poor that we removed thousands of dollars of china, flatware, carpets and gifts from the Washington Palace just to survive. Shockingly, unscrupulous and ungrateful officials later forced us to return many of these treasures. Now, happily, benefactors from around our empire have given me just enough for us to scrape by.

During these difficult times, we had to cut back. When our daughter was married, we only had three million dollars to spend on her wedding. And, I remember our hopes, as she moved into her $10 million Manhattan apartment, that one day she would be able to move on from that humble abode to something more fitting. After working for MSNBC for a starting salary of a mere $600,000 per year, what else could she do? So I now pay her $3,000,000 a year to run the 'Foundation'.

So, as I travel across our kingdom to meet you all, I will be listening and sharing with you. Then, when the time for the royal election (Coronation) comes, I know I can count on you to crown me as your rightful monarch, with my assurance that I will continue King Obama’s policies, and we can all live happily ever after.

Your Queen-in-Waiting,
Hilarity Rodham Clinton

HRC's hedge fund owning son-in-law is proud Goldman-Sachs alum!

Mezvinsky is a Stanford alumnus who has worked as an investment banker at Goldman Sachs and at the hedge fun G3 Capital. He’s also the co-founder of the hedge fund Eaglevale Partners. After leaving G3 Capital, he set out to start his own hedge fund.

Marc’s father, Edward Mezvinsky, is a former two-term Iowa congressman. His father had also plead guilty to cheating dozens of investors out of $10 million in 2002, spending 5 years in prison until 2008 for fraud.

Mezvinsky, the father of Chelsea’s husband, Marc, served five years in federal prison after pilfering $10 million from investors. He was released in April 2008, but he’s currently accused of being in violation of his plea agreement — because he hasn’t paid back his victims!

“It’s a little irritating that he brags about his son’s ($10.5 million) apartment when his son should loan him the money to pay back his debt!” one angry victim, Dr. Jason Theodosakis, told The ENQUIRER. “He could borrow [the restitution] from his son’s in-laws [Bill and Hillary]!”

Dr. Theodosakis, co-author of the best-seller The Arthritis Cure, hired Mezvinsky to handle a contract negotiation, but he ended up draining him of more than $600,000, according to court documents.

Another victim, financial consultant Joseph Klieber, says he lost $157,000 to Mezvinsky, and was shocked by how he was repaid — a “nice handwritten letter” from Mezvinsky saying he was sorry.

Mezvinsky, now 77, pled guilty to 31 counts of bank, mail and wire fraud in 2003 after using his friendship with the Clintons to win over his victims.


Hill's "most admired woman" status continues to sink, from 21 to 13;loss of 38%

I just researched the percentage of approval Hillary Clinton has received in Gallup's annual "Most admired man/woman" rankings. My curiosity was piqued by the following statement in the Gallup press release:

Both their numbers are down a little bit: Obama pulled 17 percent against his average of 23 percent, and Hillary Clinton a 13 percent against her average of 16 percent,


Whenever statisticians start throwing averages around, you are wise to look more closely.
So I went to the Gallup website and researched Hill's numbers from 2007 to this year.

Why 2007?
Because at the end of 2007 she was all geared up and heading into the 2008 primary election against Obama. She'd have been benefitting from tons of advertising and publicity - as she is now. But apparently the publicity was more favorable back in 2007, and also the advertising - none of the phony, "Luke, I am (just like) your Abuela." nonsense.

Because in 2007, she got 18% of the vote.
But, this year? only 13%.
From 2009 to 2013, she was Secretary of State under Obama, and his popularity carried over to her.

I know her supporters are anxious for any encouraging news, but pesky facts?

Her rating is 5 POINTS LOWER than at this point in her 2008 campaign, and that represents a drop of TWENTY EIGHT PERCENT.

Her rating is EIGHT POINTS LOWER than her 2012 high of 21. That's a drop of THIRTY EIGHT PERCENT.

I know her supporters are getting desperate for any encouraging news, but pesky fact? Her popularity is 5% LOWER than at this point in her 2008 campaign.

So here are the numbers:
2007 - 18%
2008 - 20%
2009 - 16% (with Sarah Palin on her heels with 15%)
2010 - 17%
2011 - 17%
2012 - 21%
2013 - 15%
2014 - 12%
2015 - 13%

Those cluster bombs remain after the wars end! Duh!

And I think it's a TERRIFIC hill - None - Not a single one - of HRC's supporters have ever been able to offer a defense of her pro cluster bomb vote.

Nor has the self-proclaimed, alleged lifelong champion of women and children, ever offered a word of apology or explanation of it.

Here's the reality - and don't you dare forget it!
“Shrapnel peppered their bodies. Blackened the skin. Smashed heads. Tore limbs. A doctor reports that ‘all the injuries you see were caused by cluster bombs. The majority of the victims were children who died because they were outside.’”

Even after wars subside, after treaties are signed, after belligerents return home, cluster bombs wreak havoc on civilian life., only to become landmines that later explode on playgrounds and farmlands. Children
are drawn to cluster bomb canisters, the deadly duds that look like beer cans or toys before they explode.

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