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User Info Punish The Innocent, Reward The Guilty in forum [Ticker]
Genesis
Posts: 71421
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/848-Pu....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-03-04 08:50:36
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Jubber
Posts: 4242
Incept: 2007-07-05

UK
Online
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Jim Chanos on CNBC saying he expects loads of prosecutions

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"War is God's way of teaching Americans geography."
Ambrose Bierce

"The Emperor realized that the people were right but could not admit to that. He though it better to continue the procession under the illusion that anyone who couldn't see his clothes was either stupid or incompetent." Hans Christia
2009-03-04 08:59:36
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Equalitarian
Posts: 38
Incept: 2009-01-20

SW Ohio
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Karl,

I wanted to take this opportunity to thank you for this great venue. I really appreciate all of your posting here and am glad I found this forum several months ago. Your award was well deserved.

Do you believe that anyone with the power to do something will ever get this?

EQ

2009-03-04 09:00:12
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Phirang
Posts: 8824
Incept: 2008-10-25

bar khoba's revenge
Online
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Quote:


Do you believe that anyone with the power to do something will ever get this?


They know what's going on and are simply indulging their financiers.

THey could give two ****s about our country.

Too bad we live in Sheeplestan.

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The Treasury can issue debt on your behalf because the State can and will stomp the wealth out of you and your family.
2009-03-04 09:02:29
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Asimov
Posts: 26691
Incept: 2007-08-26

east tennessee
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The only downside to it is that if you tried to charge based on risk, you'd BK all the big banks.

Oh, wait. Too big to fail... I guess the others are too small to survive.

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It's justifiably immoral to try to deal in a moral fashion with an immoral entity.

If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-03-04 09:03:00
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Randy123
Posts: 2006
Incept: 2008-09-24
New Jersey
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The point about health care and how much people pay is key. I'm not against some form of universal health care in theory, but why should I pay the same for care that the fat pig who does meth does. Even in my union, the women who have kids all the time should be paying more for their health care. I never understood why I have to subsidize their baby making.

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Mliu is my hero. Captain melamine.
2009-03-04 09:05:36
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Nomullet
Posts: 3422
Incept: 2007-11-11

Duke City
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This has been a huge sticking point for me- the FDIC should set the standards for the banks if they are going to be insured on the backs of the American people.

Banks are a utility, for people that are willing to take risks there are hedge funds.

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if you crap more than once a day you are eating too much
2009-03-04 09:13:28
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Step55
Posts: 2
Incept: 2009-02-27
Connecticut
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Previous Deposit Insurance assessments are assigned by bank capitalization rate. http://www.fdic.gov/deposit/insurance/as....

A small well capitalized bank assessed previously at 5-7 basis points will be hit with 20 and maybe an additional 10. http://www.bizjournals.com/orlando/stori....

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first post



2009-03-04 09:23:20
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Tesla
Posts: 8174
Incept: 2008-04-03
A True American Patriot!
Delaware
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OTOH Randy, why should the women subsidize your Viagra or Cialis prescription while they have to pay out of pocket for their birth control prescription ? Oh, didn't know about that one ? Why should a 50 yo woman have to pay the premium for maternity, when the likelihood of maternity at that age is less than 1% ?

Go bitch at the states, which mandate certain coverages whether you want them or not.

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"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams

I'd rather die on my feet than live on my knees. - Emiliano Zapata
2009-03-04 09:38:16
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Nomullet
Posts: 3422
Incept: 2007-11-11

Duke City
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Baby making has a clear social value that benefits everyone. Without babies the world would end.

They're kind of cute too.

Being a fatass is a matter of choice and is social negative, I shouldn't have to see someones muffins rolls in public. Tax the fat.

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if you crap more than once a day you are eating too much
2009-03-04 09:43:09
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Randy123
Posts: 2006
Incept: 2008-09-24
New Jersey
Online
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Hahah Tesla,
When and if I choose to have children I should pay a higher rate on my insurance than someone who doesn't. That's just fair. Therefore, if I chose not to have children my rate would be lower. There are women I work with who work a year, then have a kid, work a year then have a kid. God Bless them, but it raises costs for all people in my union. I'm simply saying you should pay based on your useage.

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Mliu is my hero. Captain melamine.
2009-03-04 09:44:30
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Deepsee100
Posts: 696
Incept: 2008-02-05
Paris
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i didn't realise viagra et al. was subsidised!! Man that's sick if true.

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Other countries have their history. Brazil has football.
2009-03-04 09:44:51
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Tnben
Posts: 326
Incept: 2008-10-14 A True American Patriot!
Memphis
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ED is a medical condition. If pills for that are not covered, then neither should pills for all kinds of conditions that have to do with state of well-being. After all, men can live without having sex just as the depressed can live without happy pills.


2009-03-04 09:49:12
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Tnben
Posts: 326
Incept: 2008-10-14 A True American Patriot!
Memphis
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Women of child-bearing age do pay more. And maternity coverage is extra.

2009-03-04 09:50:22
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Mondocondo
Posts: 3141
Incept: 2007-12-03

Miami
Online
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Punish the innocent, reward the guilty, is the mantra for the whole approach the government is taking for everything. All the bailout money, all the mortgage programs, all the Fed's lending programs, do exactly the same thing. The government's response has been and continues to be, we need to look beyond the moral hazard problem and find a fix--i.e., let the guilty off without penalty because we have bigger problems to solve. Why would we expect the FDIC's approach to be any different?

2009-03-04 09:51:48
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Randy123
Posts: 2006
Incept: 2008-09-24
New Jersey
Online
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Nope TnBen, they simply raise premiums for everyone.

Mind you I also think that property tax rates should be different if you have children in the town you live in. Fair is fair. And yes I plan to have kids in the next few years so I'm not talking my book.

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Mliu is my hero. Captain melamine.
2009-03-04 09:54:03
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Mo
Posts: 5501
Incept: 2007-06-26

Florida
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Quote:
i didn't realise viagra et al. was subsidised!!


I think Medicare pays for it too.

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"The World has been cancelled. It doesn't even look like the world. There is one island that is maintained and is said to be owned by the Sheikh and the rest looks like a pile of muck."
2009-03-04 09:56:22
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Noodleman
Posts: 759
Incept: 2008-11-01
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Welcome to the upsidedown society. Why should I have to bail out the underwater guy across the street who took out a home equity loan and purchased a new Escalade, a new boat and traveled around the world while I paid cash for my purchases and still have a little equity left in my place? How much longer can a civilized society survive when the rule breakers are rewarded and the rule followers get ******? I suspect not much longer. It will be interesting to watch this experiment play out tho.

2009-03-04 10:01:31
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Deejunk
Posts: 578
Incept: 2008-10-11
Now DC - Solar Power.
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Maybe the FDIC is like my insurance company, trying to rip off the unknowing. They are attributing "risk" where there is none!

I went almost 6 months without home insurance because my insurance company dropped the ball.

Their own underwriting says they must do an annual home inspection and get an initial payment before a policy. THAT IS THEIR RULES!

Once they got around to the inspection and I made my first payment, they then tried to retroactively date the policy for six months of time where I was NOT covered!

They threatened me with telling me that the mortgage boogie man is gonna charge me retroactive insurance penalty. Er um -- I countered with "no PRINTED "back dating" in the world is going to change whether I HAD insurance or not because if I had submitted a claim during those six months you WOULD NOT HAVE PAID IT."

And just in case I don't know what I am talking about: Remember, I don't need a lesson on insurance as to what my mortgage and insurance company can or can't do folks.... I have NO mortgage and NO debt.

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http://www.myvideo.de/watch/2451556/The_.... - I'm seriously ready for inflation, deflation & TOTAL collapse of the US & Global economic & market systems.. I'm the sexy blonde not in this vid but my x is the lead chichen-> http://www.youtube.com/watch?v=vdFIXsrjk....

Last modified: 2009-03-04 13:06:01 by deejunk
Reason: I still don't know if the chinese are hacking KDs site..

2009-03-04 10:05:13
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Etz3l
Posts: 9103
Incept: 2007-06-26

Online
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Quote:
Sexual performance drugs like Viagra will be covered by Medicare's new prescription benefit beginning next year, along with medications for other conditions like high blood pressure and heart disease, Health and Human Services officials said Tuesday.

And like those other drugs, prescriptions for Pfizer Inc.'s Viagra will be tightly controlled. The law, which takes effect Jan. 1 at a cost of more than $500 billion over a decade, says Viagra can be prescribed only when medically necessary, and in limited quantities

http://www.cbsnews.com/stories/2005/02/0....


I'm sure that Pfizer lobbied heavily against it.

BWAAAAAAAAAA

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Treating the symptoms of financial corruption isn’t the same as removing the causes.

2009-03-04 10:06:51
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Jeffburton
Posts: 1
Incept: 2009-01-31
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Surely Obama's calling the market's current "profit and earning ratios" a good opportunity must rate a ticker in and of itself?

2009-03-04 10:15:09
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Deepsee100
Posts: 696
Incept: 2008-02-05
Paris
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Quote:
Viagra can be prescribed only when medically necessary, and in limited quantities



thanx etz but ...define medically necessary.

Ok this fits into all the irreponsibility that's been going on.

party on.

http://www.huffingtonpost.com/tina-dupuy....


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Other countries have their history. Brazil has football.
2009-03-04 10:15:26
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Curious1
Posts: 251
Incept: 2008-03-22

Oregon
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My family coverage is a lot more than it was when I was married without kids, and when married without kids it was more than when I was single.

We still end up primarily subsidizing the old and fat, not the young and fertile. The vast majority of expenses are in cardiac care and oncology. Orthopedics is a distant third.

2009-03-04 10:15:32
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Tesla
Posts: 8174
Incept: 2008-04-03
A True American Patriot!
Delaware
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And you can get Viagra when in prison, too. More fun in CA prisons...

http://articles.latimes.com/2005/may/27/....

My hope is the fraudsters get prison time in CA with Bubba on Viagra


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"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams

I'd rather die on my feet than live on my knees. - Emiliano Zapata
2009-03-04 10:17:07
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Geschrei
Posts: 43
Incept: 2009-02-23
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"Sheila Bair must either change this policy or resign in disgrace as the stooge for the Citibanks of the world that she has proved herself to be."

Sorry if someone else has already come up with this - but I guess, since the impending failure of banks (and the now-admitted inability of the FDIC to cover them) appears to be the prime cause of the turmoil on Wall St, then we could accurately call this a "Bair Market".

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Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire.
James 5:1-3

2009-03-04 10:22:52
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