Comments are closed for this entry
View All
Recency  | 
Popularity
Page:  « First  ‹ Previous  1 2 3  Next ›  Last »  (3 total)
photo
HUFFPOST COMMUNITY MODERATOR
realitytrumpsbull
Two 'alves of coconut!
12:54 PM on 01/14/2008
Wow...imagine...the entire building...one giant Denny's...that's a lot of pancake batter...
12:52 PM on 01/14/2008
Just so, just so, just so, again American financial institutions, eschewing governance, have run afoul. As it was in the 1920s, greed coupled with non regulated and unscrupulous institutions and individuals have bilked the system until it has collapsed. After the big one, rules and regulations created a system where all could profit. The advent of "Government is the Problem" Reagan inspired deregulation and worse, a blind eye toward the regulations that remained yielded the Savings and Loan debacle costing taxpayers $300,000,000,000. This was primarily the result of NOT enforcing the laws that were on the books.

Once again the Republican Philosophy of "business self regulation" has reared its ugly head. Business NEVER self regulates until after the fact and they've been caught. Even now the Fed is creating billions of paperless electronic dollars and dumping them into the system to make up for what has been stolen. Once again Private Enterprise is at the Public trough in the form of an elephant's trunk. How much welfare do the Nation's billionaires need?

To add injury to insult, after last summer's meltdown and subsequent Fed actions the weak dollar slid even further. Oil has been used as a hedge against the weakening dollar and it rose to its present heights since then. The net effect is costing Americans about $1,000,000,000 a day with the increase. Funny how these data are swept under the rug.

To add insult to injury, Foreign Nationals are buying up our self destructive institutions with the excess dollars they've received from the Republican's disastrous Policies. From a slash and burn energy policy formulated in Cheney's twisted mind to one way trade deals benefiting the few at the expense of the many all of our exported cash is returning to buy our productive assets at pennies on the devalued dollar.

Just so, just so, just so. (W. C. Fields)
This user has chosen to opt out of the Badges program
photo
Earl
Praying for evolution of human species...
12:13 PM on 01/14/2008
I wonder what percentage of the employees being laid off also have their mortgages with the bank?
This user has chosen to opt out of the Badges program
photo
loki
cheap politicians for sale
11:40 AM on 01/14/2008
the only bright shining hope of the Chinese army/gov taking over control of Shiti, is if they can institute certain laws and justices they have over upper management. That is to take them out back and shoot them when they screw up. Everything else though would be horrible, but who would notice with Shiti's record anyway.
This user has chosen to opt out of the Badges program
photo
loki
cheap politicians for sale
11:37 AM on 01/14/2008
shitigroup would do the world a favor if they folded up and closed doors. Even though we know the biggest thieves there would walk away with millions or even billions of customers money, it would still be a great day. Unless your a multi millionaire , shitigroup is one of the worst, if not the worst banking group to deal with. I dont know anyone who hasnt had multiple problems with them, or who isnt being eaten up by fees and charges, and bogus increases on mortgages and loans.
I really dont like shitigroup at all.
photo
HUFFPOST SUPER USER
Tom95134
11:17 AM on 01/14/2008
Oops! Now the only questin is, "How much will Citigroup pay the bastards running the show to get the hell off the property."
This user has chosen to opt out of the Badges program
ErnestineBass
No longer a cog in The Machine.
11:13 AM on 01/14/2008
When Wal Mart announces layoffs, that'll be the end of life as we know it.

In more ways than one...
11:01 AM on 01/14/2008
Doesn't this all seem to be moving in a large but defined network.
Is this the Prince of Blackwater.
were we scammed for the profits to fund his new start up costs.
And how much will the shareholders and board members take in the shorts- NONE!Who is the largest Share holder.
My God the net is being pulled up- we are damn near to late to get the hell out of it!!
WE must cut the ropes!!
IMPEACH &PROSECUTE THIS ADMIN AND SUPPORTING SENATORS & REPS (PAST & PRESENT)

INVESTIGATE & INDICT PAST & PRESENT CORP CEO'S CFO,BOARD MEMEBERS & THEIR MAJOR STOCK HOLDERS. WHO HAVE PROFITTED AND CONSPIRED TO INCITE & PERPETUATE THE MIDDLE EAST CRISIS(30 YRS AND RUNNING)AND HAVE ULTIMATELY RESPONSIBLITY FOR '93, COLE, 9/11 ATTACKS ETC!!

DEMAND THE FEDERAL RESERVE EAT THE COST OF THEIR SCAMS AND GIVE US BACK OUR GOLD RESERVES

KUCINICH FRO PRES-the Lil' guy with the biggest BALLS of them all! BOYCOTT MSNBC-election tampering, false advertising-criminals
FOX NEWS IN BLUE
photo
MajorKong
If the pilot's good, see, I mean if he's reeeally
10:57 AM on 01/14/2008
I'm sure one of our resident libertarians will remind us that the 20,000 people laid off were all lazy and therefore deserved it.
photo
HUFFPOST SUPER USER
Lemeritus
Been there, done that, lived to tell
10:33 AM on 01/14/2008
I was going to suggest that Citigroup lay off 20,001, if any, but I see former CEO Charles Prince is already gone. He left with vested stock holdings worth $94 million and a pension of $1.74 million.

But, hey, times are hard all over -- Robert Nardelli drove Home Depot into the ground and was rewarded (actually, paid to go away) with a $210 million severance package.

What's wrong with this picture?
10:22 AM on 01/14/2008
Thank you much to the generation that sold their children to foreign interests to finance a life of indulgence, and taught those children that a life of indulgence financed by debt was the American Dream.

I'm so glad that i can use a pair of chopsticks to pick up a single grain of rice...something tells me that it will be a skill that i'll find use for.
photo
HUFFPOST SUPER USER
Progress08
I've come to regard you as people I've met
10:21 AM on 01/14/2008
We've already shipped our manufacturing jobs overseas, many of our customer service and tech support, so what's next.... our finance industry jobs. We don't have anything left and we are now going to lose more jobs and more mortgage holders will lose their houses. The saudi royal family already owns a shitload of citi stock, what do they care if Americans lose jobs. Like it matters... American executives could give a damn if we all lose our jobs so long as they paid millions of dollars to make bad decisions that they'll be rewarded for. America fucking sucks, and we are no longer the best nation on earth.
This user has chosen to opt out of the Badges program
photo
10:18 AM on 01/14/2008
Don't worry.

The Corporations will save us.
10:08 AM on 01/14/2008
...and once again.....We lose.
I'm going ot go look up life as a serf in the Middle Ages.
This user has chosen to opt out of the Badges program
photo
09:48 AM on 01/14/2008
Another result of laissez-faire libertarianism.