Sniglets 10-09
Tax cheats 101
“Turbo Tim” Geithner, a target himself of being a tax cheat, targeted Michael Williams, founder of Taxcheats.com, who encouraged everyone to stamp “tax cheat” over the name of Timothy Geithner’s name on new money being printed. He has been officially targeted for a federal tax audit. I suppose because “Turbo” Tim the tax man got caught, he figures everyone else should be audited that embarrasses him or his boss!
Wall Street
There is this antagonistic feeling between the Obama Administration and Wall Street, have you noticed it lately? I was watching TV on Monday and this House Democrat from California was making sense on “earmarks” until she made her final remarks saying “Wall Street doesn’t understand the financial problem.” …..Pardon me? If perception is 99% of the market, it stands to reason that of the 7 out of 10 people who invest are not comfortable with the direction of the market, and have let their voice be heard on the market, who are you to say they don’t understand? Sitting in front of a camera Mr. President and saying that this would be a good time to invest is not what we are looking for. We need a solid confirmation, and right now, and taxing the “wealthy” whomever they are, is not the indicator the market is looking for.
Obama, Brown meetings
In an effort to repair our relationships abroad, Barack Obama offered Prime Minister Gordon Brown a snub at many levels. PM Gordon Brown offered Barack Obama a penholder handcrafted from the timbers of the 19th century British warship HMS President (whose sister ship, HMS Resolute, provided the wood for the Oval Office's desk). One would think because they both from the same mindset, Obama would have put more thought into a gift for Brown, especially after the demand that England take back a gift of a bust of Winston Churchill given to George Bush. President Obama’s gift? 25 Classic Movie DVD’s, and here I didn’t even think he had a Sam’s Club Membership! Equally dismissive were the gifts to the two Brown boys, by Michelle Obama of two Presidential helicopter models, in return for dresses for Sasha and Malia from the UK's trendy Top Shop (with matching necklaces) and a selection of books by British authors offered by Brown’s wife. Obviously with these gifts the Administration has sent a signal that our strongest ally is no longer as important as it once was. Nice repair of that reputation…………….
Citi Bank’s new loan!
In a new investigative article it found that after the no-strings bailout money the government gave to Citi Bank. Citi Bank loaned 8 Billon dollars to the country of Dubai, shipping the money intended to relieve the tight loan money here in America abroad. In yet another discovery, Bank of America, not to be outdone by Citi Bank, loaned 7 billion to China………….I am certainly glad we have the most intelligent congressman (Barney Frank) working on our side!
Tax cheats 101
“Turbo Tim” Geithner, a target himself of being a tax cheat, targeted Michael Williams, founder of Taxcheats.com, who encouraged everyone to stamp “tax cheat” over the name of Timothy Geithner’s name on new money being printed. He has been officially targeted for a federal tax audit. I suppose because “Turbo” Tim the tax man got caught, he figures everyone else should be audited that embarrasses him or his boss!
Wall Street
There is this antagonistic feeling between the Obama Administration and Wall Street, have you noticed it lately? I was watching TV on Monday and this House Democrat from California was making sense on “earmarks” until she made her final remarks saying “Wall Street doesn’t understand the financial problem.” …..Pardon me? If perception is 99% of the market, it stands to reason that of the 7 out of 10 people who invest are not comfortable with the direction of the market, and have let their voice be heard on the market, who are you to say they don’t understand? Sitting in front of a camera Mr. President and saying that this would be a good time to invest is not what we are looking for. We need a solid confirmation, and right now, and taxing the “wealthy” whomever they are, is not the indicator the market is looking for.
Obama, Brown meetings
In an effort to repair our relationships abroad, Barack Obama offered Prime Minister Gordon Brown a snub at many levels. PM Gordon Brown offered Barack Obama a penholder handcrafted from the timbers of the 19th century British warship HMS President (whose sister ship, HMS Resolute, provided the wood for the Oval Office's desk). One would think because they both from the same mindset, Obama would have put more thought into a gift for Brown, especially after the demand that England take back a gift of a bust of Winston Churchill given to George Bush. President Obama’s gift? 25 Classic Movie DVD’s, and here I didn’t even think he had a Sam’s Club Membership! Equally dismissive were the gifts to the two Brown boys, by Michelle Obama of two Presidential helicopter models, in return for dresses for Sasha and Malia from the UK's trendy Top Shop (with matching necklaces) and a selection of books by British authors offered by Brown’s wife. Obviously with these gifts the Administration has sent a signal that our strongest ally is no longer as important as it once was. Nice repair of that reputation…………….
Citi Bank’s new loan!
In a new investigative article it found that after the no-strings bailout money the government gave to Citi Bank. Citi Bank loaned 8 Billon dollars to the country of Dubai, shipping the money intended to relieve the tight loan money here in America abroad. In yet another discovery, Bank of America, not to be outdone by Citi Bank, loaned 7 billion to China………….I am certainly glad we have the most intelligent congressman (Barney Frank) working on our side!
