Monday, March 9, 2009

Big Dan's Big News March 9, 2009

AIG - All Investments Gone

Why isn't Hank Paulson in prison for stealing US Taxpayer dollars and laundering them through AIG enroute to Goldman Sachs? How much of that money wound up in his numbered Swiss Account?

Do you know who really owns Goldman? It's the same banksters who own the Federal Reserve. Ask David Rockefeller where the money went!

Who made bets against the US and global economy, then demanded that US taxpayers pay off the illegal bets - insisting that there names not be revealed?

Interrogate David Rockefeller. - plunger

NYTimes: A.I.G., Where Taxpayers’ Dollars Go to Die

The economist J.K Gailbraith used the term "bezzle" to denote the amount of money siphoned (or "embezzled") from the system.

In good times, he remarked, the bezzle rises sharply, because everyone feels good and nobody notices. "In [economic] depression, all this is reversed. Money is watched with a narrow, suspicious eye. The man who handles it is assumed to be dishonest until he proves himself otherwise. Audits are penetrating and meticulous. Commercial morality is enormously improved. The bezzle shrinks." [Galbraith, The Great Crash 1929]

Worse than the Great Depression - This is Math, not Politics

Top U.S., Foreign Banks Got $50 Billion in AIG Aid. Beneficiaries of the government's bailout of American International Group Inc. include dozens of U.S. and foreign financial institutions that have been paid roughly $50 billion.

I'm sure the knowledgeable people already know this. But it turns out that one of the features of the 2005 Bankruptcy bill was to put derivative counter parties at the front of the line ahead of other creditors in bankruptcy proceedings.

Fraud probe into UK firm's role in collapse of world's largest insurer AIG

How an AIG gambling operation was off shored to London to enjoy/take advantage of less stringent regulatory much did AIG's senior executives know, or understand, about the London office's activities???

Who got AIG's bailout billions?

AIG still facing huge credit losses

$5 Billion in Lobbying for 12 Corrupt Deals Caused the Multi-Trillion Dollar Financial Meltdown

Special Commentary by Big Dan: "I have AIG car insurance. I recently noticed that when I called them, they answered the phone: '21st Century'. I asked them if I had the wrong number, and they said 'NO'. Has anyone noticed that AIG car insurance is now '21st Century'? I haven't seen that anywhere in the news! Have you???"

CNBC responds with silence to Jon Stewart’s damning portrayal of the network.

Jon Stewart on Dave Letterman -- Still Kicking CNBC's Ass

...and here's the original clip of Stewart frying CNBC:

The Bush League of Nations
The Coalition of the Unwilling, the Bullied and the Bribed
The GOP's War on Iraq and America

With hard facts, analysis and humor, Jim Swanson exposes the so-called "Coalition of the Willing in Iraq" for what it is, The Bush League of Nations, a shameful Big Media-supported myth that is simply one chapter in a much broader campaign of lies and crimes intended to deceive and distract Americans while the Bush regime wages its war on Iraq, the world and especially America. The book digs into the truth behind this deception and serves as a rallying call to restore America's sacred democracy and Constitution for our children and grandchildren.

The Bush League of Nations is an essential guide for progressives and other patriots seeking to undo the damage caused by America's worst president and worst political party ever.

Get your FREE download of Jim Swanson's book "Bush League Of Nations"

About the Author:

Jim Swanson served for two years in the U.S. Peace Corps as an irrigation engineer in Morocco, a Muslim nation in North Africa. He is appalled at the rise of the Christian Reich's upside-down version of Christianity—Pro-War and Pro-Rich—and Bush's and the GOP's War on Iraq and America.

Raised in the Lutheran tradition in North Dakota and now a longtime Methodist in California, he is ashamed that George W. Bush is a fellow Methodist and that Dick "Shooter" Cheney is a fellow Earthling.

Swanson, based in the Silicon Valley in California, has more than 30 years of extensive business, legal, and international experience. He and Michael Baird are co-authors of Engineering Your Start-Up: A Guide for the High-Tech Entrepreneur (second edition). They are founders of Los Altos Incubator (, a virtual incubator where aspiring entrepreneurs seek expert advice.

Swanson is a graduate of Stanford Law School, Stanford Graduate School of Business, and the Massachusetts Institute of Technology (MIT).

blog comments powered by Disqus