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Topic: lThis Day in History, before FDR's Raw Deal< Next Oldest | Next Newest >
 Post Number: 31
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Albert Lea
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PostIcon Posted on: Jun. 12 2012,4:47 pm  Skip to the next post in this topic. Ignore posts   QUOTE

The reason for an 8.2 unemployment rate is because of shrinking public sector(Government) jobs..

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PostIcon Posted on: Jun. 12 2012,6:32 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

^ oh my God, what a crock of sh!t. It's sad sad day when Gov. Employment has that much sway. Wis. is a start, let's continue from there.

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Or a “Wayne” :oops:
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PostIcon Posted on: Jun. 12 2012,7:11 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(MADDOG @ Jun. 05 2012,12:39 pm)
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This essentially gave the Federal Reserve full control of our money.  No longer was our paper money worth it's value in gold.  No longer was the Federal Reserve there to supervise our monetary system.  Now they had ultimate control of it.

During the financial crisis, at least 18 former and current directors from
Federal Reserve Banks worked in banks and corporations that collectively
received over $4 trillion in low-interest loans from the Federal Reserve.

1.
Jamie Dimon, the Chairman and CEO of JP Morgan Chase, has served on the
Board of Directors at the Federal Reserve Bank of New York since 2007. During
the financial crisis, the Fed provided JP Morgan Chase with $391 billion in total
financial assistance. JP Morgan Chase was also used by the Fed as a
clearinghouse for the Fed's emergency lending programs.

2.
Jeffrey Immelt, the CEO of General Electric, served on the New York Fed's
Board of Directors from 2006-2011. General Electric received $16 billion in low-
interest financing from the Federal Reserve's Commercial Paper Funding Facility
during this time period.

3.
Stephen Friedman. In 2008, the New York Fed approved an application from
Goldman Sachs to become a bank holding company giving it access to cheap Fed
loans. During the same period, Friedman, who was chairman of the New York
Fed at the time, sat on the Goldman Sachs board of directors and owned
Goldman stock, something the Fed's rules prohibited. He received a waiver in
late 2008 that was not made public. After Friedman received the waiver, he
continued to purchase stock in Goldman from November 2008 through January of
2009 unbeknownst to the Fed, according to the GAO.
During the financial crisis, Goldman Sachs received $814 billion in total financial
assistance from the Fed.

4.
Sanford Weill, the former CEO of Citigroup, served on the Fed's Board of
Directors in New York in 2006. During the financial crisis, Citigroup received
over $2.5 TRILLION in total financial assistance from the Fed.

5.
Richard Fuld, Jr, the former CEO of Lehman Brothers, served on the Fed's
Board of Directors in New York from 2006 to 2008. During the financial crisis,
the Fed provided $183 billion in total financial assistance to Lehman before it
collapsed.

6.
James M. Wells, the Chairman and CEO of SunTrust Banks, has served on the
Board of Directors at the Federal Reserve Bank in Atlanta since 2008. During the
financial crisis, SunTrust received $7.5 billion in total financial assistance from
the Fed.
Etc., etc:
http://www.pdfdownload.org/pdf2htm...one.pdf


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And the light shines in the darkness, and the darkness did not comprehend it.
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Albert Lea
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PostIcon Posted on: Jun. 12 2012,8:56 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Self-Banished @ Jun. 12 2012,6:32 pm)
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^ oh my God, what a crock of sh!t. It's sad sad day when Gov. Employment has that much sway.

You talk big so prove it..

I love it when teabaggers say statistics are full of crap without any facts..
You really think people are going to read your moronic post and think that information from the U.S. Bureau of Labor Statistics is false.. :dunce:  :crazy:  :rofl:

http://www.bls.gov/home.htm

580,000 public-sector(government) jobs were LOST from the time Obama took office until now.

4,300,000 private-sector jobs were GAINED OR CREATED from the "trough" of the recession until now.
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PostIcon Posted on: Jun. 13 2012,5:10 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(alcitizens @ Jun. 12 2012,8:56 pm)
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(Self-Banished @ Jun. 12 2012,6:32 pm)
QUOTE
^ oh my God, what a crock of sh!t. It's sad sad day when Gov. Employment has that much sway.

You talk big so prove it..

I love it when teabaggers say statistics are full of crap without any facts..
You really think people are going to read your moronic post and think that information from the U.S. Bureau of Labor Statistics is false.. :dunce:  :crazy:  :rofl:

http://www.bls.gov/home.htm

580,000 public-sector(government) jobs were LOST from the time Obama took office until now.

4,300,000 private-sector jobs were GAINED OR CREATED from the "trough" of the recession until now.

Gov. Holidays like MLK day or Columbus days are work days I look forward to. In my estimation traffic reduces 25-30%. This is from experience.

I'm always curious about the city of Mpls. They seem to own every piece of construction equipment on the face of the planet including a lot of highly specialized stuff. They don't contract out much, most of their work is all in house. Takes a lot of tax dollars to buy and maintain that equipment, even if it only gets used once or twice a year. It also takes highly trained personal to run this equipment and insurance and pensions and so forth.

This work can and should be contracted out, less gov. Employees and more private enterprise.

My research is what I observe out in the real world, you ought to try it sometime Al. :p


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Don’t be a Dick :D

Or a “Wayne” :oops:
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PostIcon Posted on: Jun. 13 2012,8:25 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

...
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PostIcon Posted on: Jun. 13 2012,9:08 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

^ I guess you don't like the real world either. When you pull your head out is there corn on your glasses? :dunce:

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:D Remember boys and girls,

Don’t be a Dick :D

Or a “Wayne” :oops:
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PostIcon Posted on: Jun. 13 2012,9:24 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Boys, boys. Don't make me have to pull this car over.

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And the light shines in the darkness, and the darkness did not comprehend it.
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PostIcon Posted on: Jun. 13 2012,9:40 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I must say, that they need to get their own thread and work it out.  Is getting pretty old.  I thought Cybil was bad :(

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After we screw up health care reform, let's take on the initiative of unscrewing the education system (gov't education)
Tacitus: (c. 56 AD-c. 117) "The more corrupt the state, the more it legislates."
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PostIcon Posted on: Jun. 13 2012,12:05 pm Skip to the previous post in this topic.  Ignore posts   QUOTE


(Rosalind_Swenson @ Jun. 13 2012,9:24 am)
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Boys, boys. Don't make me have to pull this car over.

Remember Rose, you're not his Mommy :laugh:

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:D Remember boys and girls,

Don’t be a Dick :D

Or a “Wayne” :oops:
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