US Commando Strike in Waziristan

Re: # 81 Posted by hamidm2 on September 6, 2008 1:00:44 pm

hamid mian,

i too have no desire to flip hamburgers, and i don't think that i will because it surely is a long way for me to retire. but it seems that you are just spouting the bad pipe piper and his monkeys (the cnn, pbs, cbs, nbc, abc, media that is floating around through e-mail; have you seen it yet?). their punditry surely makes one puke. i asked several of my republican acquaintances and it seems that they are totally against for the govt. to bail out fannie and freddie. yes the govt. will sell the GSE's in small chunks, and that is what the economist has been recommending for a long time. The govt. should not have been in the real estate business to begin with.

This is what they are saying:

$10B of common stock holders are going to be wiped out.

They want to save the next $30B of preferred stock holders from being wiped out. Why?

Their argument is that these are mostly banks, etc. So? I really don't care if Citi-group goes down. After all they do have this horrible hindu as their chairman. Besides that Arab sheikh's money is all about funny oil money anyway. O! then China has some $300B tied to this fiasco, and maybe some retirement system like Calpers.

As a tax payer, for all these largess why do I have to pay?

These are all monies under management, and if it goes under so what? Granted there will be some shock in the system, but I think that the scare tactics is just too much for ordinary Americans to get it. After all the US economy is about $15 Trillion. The trouble is only with less than 3% of this huge economy. You want to say that there is not that much of a slack to handle such (3%) shock? How can that be logical?

Besides all the amount that these financial pundits are throwing around is from appraised values, and not the true market value, because nobody knows what it actually is?

And besides, Obama continues to say that he is going to invest in the American economy. Is he nuts? Where is the money coming from?

Did you know that the whole "bakwas" that goes on in the Congress every budget cycle is about 27% of the budget. The rest of 73% of the budget is earmarked and are entitlements.

if the tax payers were to give in $300B in this mortgage mess, how is obama going to fulfill his dreams?

BTW, for the first time I find our illustrious math teacher talking sense. Don't you agree?

Re: # 79 Arjun you have been banned 18 times. Every time hope rises but no improvement. You can think of new improved arjun by actions.

Re: # 78 DM..., If I am correct GovCanada does not encourage house buiding as GovUSA by subsidizing mortgage or tax concession. I think there is something in usa law promise, Province govt to help to everybody has small house and car. I have heard that is most common dream of USA citizen.

I personally think canada gov may be prudent which avoids some people over sizing houses. And most of time canada is ice cold will take lots of canadian pounds every mouth to heat big house.
Is it prudent to over built big house as one can not use more than minimum required size.( Marginal utility decreases very fast when house reaches about 800 Sq Ft.) It is wrong national policy to force people too put too much money in "oversized house".It is like wastage and damaging your wealth putting in house which does not produce income. As you have knowledge of economy you can tell my feeling of national oversizing house is one of moost destructive national addiction . As huge capital is invested in non returns. It is as bad as buying gold and silver ornments which dead investments. Now govt has hard time to tell people to lower down expectations about size of house as it will damage house related activity which may be more than even auto industry, as usa and canada every family even poor have car as elites make sure no good bus system.
My feeling is most destructive investment made nationally by Americans is oversized houses they can not afford. This may be making capital markets charge more interests for other productive activities like trade, manufacturing and services. Kindly comment your feelings.
Is there same obsession about gold and silver and ornments by women folks in usa and canada of is pecular Deshi thing.( another dead investment, but women wearing ornments is very beautiful picture, some times young women with payal on foot is magical for site and sound. If some body knows Khabutors we put payals like rings in young males foot. It is beautiful site when young males swell the neck and jump and moves with steps like Waltz and take circular round about themselves is beautiful to watch and they are very happy is beautiful scene itched in my memory)
Good morning.

American army nightmare must be over, supply is restored

Re: # 80

bubba,

.... this is from a few minutes ago .....

http://www.marketwatch.com/news/story/treasury-set-bail-out-fannie/story.asp x?guid=%7B46D1439E-A2C4-418C-9BE0-09BE0B9EE60D%7D&dist=msr_4

...in simple terms, if fannie and freddie go under many banks could go under - so if you have any money in the bank you could get hurt ..... also many pension funds and 401K plans have fannie and freddie bonds (that were concsidered as good as cash) - the the way things are going you and i could be flipping burgers in our retirement instead of sitting on the beach sipping pik and blue drinks with little umbrellas and watching the girls in bikinis .... and what if you want to borrow money to start a business or your kid wants to get a student loan ?

.... it is a shame that this thing has been allowed to get to this stage, but now the government has no choice but to nationlize both and then sell them off in small chunks ..... i have no desire to flip hambugers

Re: # 77 Posted by hamidm2 on September 6, 2008 7:00:40 am

hamid mian,

I too am against this govt. bailout, but whatever I have understood (so far) is that it is bad for the economy. Why? So, what if the monies from the preferred stock holders or the retirement system gets wiped out. Shouldn't this be left to the free market (I suppose)? And yes, of course those ill-gotten chinese wealth machine that has parked their money in these so-called safe mortgage securities. I see this bailout as protecting the game all over again, and this time they are fooling the general American public. Most people who support the democratic party's candidate don't even know that their party is supporting tax on the wealth.

can you help clarify this thought? if the whole US mortgage industry goes to pots, how does that affect a person like me? in simple terms please.

how would this nationalization work? adversely? for the common people?

then on top of all this, god forbid, if obama wins, he says that he wants to create more govt. jobs for everyone. we could have a govt. that would become bloated with government bureaucrats.

Roses are red, violets are blue
the jihadis you created
are now killing you


This is great...American forces kill jihadis, jihadis whack pakis..paki army whacks jihadis..lather rinse repeat..

Killer Bomb Blast In Peshawar

A suicide car bomber has struck a security checkpoint in Pakistan's volatile northwest - reportedly killing at least 30 people.

hamidm#77:

Don't use us for your bad policies. We don't have any commie banks, all of our banks are quite profitable, even after losing large amounts to your sinking housing sector.

We do have a Canada Housing Mortgage Corporation, which insures housing loans; it is a govt. entity but runs strictly on business principles and it won't insure sub-prime mortgages.

Re: # 74

bubba,

.... i agree that freddie and fannie should be dismantled, but it has to be done in an orderly fashion ..... the chinese might have 200B of this bad debt but ordinary american have more than a trillion ........in any case this is what happens when the government gets into the banking business through the back door .... we don't want any of that commie stuff from europe and canada .......

bulleya:

You are right about their being no consensus regarding action. The fact is that there is a consensus even on action among the leaders of the Nato countries, but there is no desire in the general population to be "qurbani ke bakray" for this cause. This is as true of Harper and Canada as it is for Sarkozi and France or for Berlusconi and Italy.

But where there is a strong consensus is to put more pressure on Pakistan. The pressure, I think, would be even more to clean up the act of the agencies which are suspected of supporting the taleban than to engage in military action against them. There, I think, the civilian government has an advantage over Musharraf as it does not depend upon the US for its survival, although Zardari may have too many skeletons in the cupboard and therefore quite vulnerable to manipulations.

Re: # 68 Posted by aekpani on September 6, 2008 3:30:59 am

[God grant me the Serenity to accept the things I cannot change, the Courage to change the things I can and the Wisdom to know the difference.]

Are you alcoholic?

Re: # 72 Posted by hamidm2 on September 6, 2008 5:47:55 am

hamid mian,

i agree with you that now the us has to concentrate on regime change in iran. the democrats are once again promoting european socialism in the us.

[.. bush is an idiot for not nationalizing fannie and freddie and then breaking them up ]

and as I had discussed this with you many moons ealier, american capitalist has won the financial war with china. it is reported that there are some $200B chinese money involved in this fiasco. i say let it all come crumbling down, but darn those NPR guys, they are out there scaring people.

what say you?

'the United States sent troops to fight in the Iraq war on a "task that is from God."'

-- Sarah Palın

'by all accounts we have won the war in iraq...'

-- Hamıd Palın

...may God save us....ıf thıs ıs the publıc opınıon ın the usa.....no wonder Chına has won more Olympıc medals than the USA for the fırst tıme...and no wonder abu dhabı ınvestors, wıth communıty college educatıons are outsmartıng us executıves wıth harvard mba's....

perhaps theır ıs some truth to all the predıctıons that SR has been makıng about the declıne of the USA....

captain cluless,

.... i hate to disappoint you, but the entire republican party (including me) and many democrats know that we have won the war ....it does not even appear on the front page or the evening news any more - it is history ...... even joe biden, who had long advocated splitting up iraq, has shut up ...... even if, god forbid, obama wins it will be because of the economy - the mainculprit being the sub-prime disaster .... bush is an idiot for not nationalizing fannie and freddie and then breaking them up - it was the stupidest idea the government ever came up with ........

....regardless of who gets elected, us troops will remain in iraq for the forseeable future and the world will be better off for it ...... now we need to do something about iran ....

dost-mıttar ; ' have never seen such a consensus among western countries as it does now with respect to Pakistan and Afghanistan ;'

...there ıs lıttle consensus on thıs amongst the western world...there maybe consensus of opınıon, but certaınly not consensus of actıon...

....the nato coalıtıon ın afghanıstan ıs crackıng....there ıs already talk ın canada of movıng out....france ıs thınkıng of movıng out, after ten of ıts soldıers dıed recently....dıtto on holland....

afghanıs, themselves, are dıvıded....they are fıghtıng each other and the usa....

when such wars - ıraq, afghanıstan etc. - don't end or are not won quıckly, ıt means the ınvader has lost....afghan war has, now, gone on longer than wwII (6 years)....

ıt ıs now, basıcally, a war between usa and pushtun afghans....the only country that ıs stıll stıckıng wıth the usa, despıte massıve damages to ıtself, ıs pakıstan....whıch ıs beıng torn apart by thıs war....

what rabbıt ıs usa and nato goıng to pull out of theır hat now, that they haven't been able to pull out over the past 7 years.....the longer thıs war goes, the weaker the occupyıng power becomes....

the key country ıs pakıstan....ıf pakıstan stops us logıstıcs, the war ıs as good as over....and pakıstan ıs about to explode.....ın terms of publıc opınıon...

spaın backed out of ıraq war after 1 explosıon....what would happen ın canada ıf there were 160 suıcıde bombıngs....do you thınk the canadıan mılıtary would stıll be ın afghanıstan....ıt was thınkıng of movıng out after only a few soldıers were kılled....

publıc opınıon ın pakıstan, now, ıs so antı-usa and so antı-afghan war, across the spectrum, that somethıng ıs goıng to gıve shortly....barrıng the expats, nearly everyone seems to be totally agaınst the usa and for good reason....

the usa ıs extremely poor at fıghtıng these kınds of wars....ıt ıs dıstant enough and rıch enough to not feel the blowbacks of such mısadventures....however, the surroundıng countrıes feel ıt heavıly...

beıng a frontlıne state ın the fırst afghan war, gave paksıtan klashnıkovs, drugs, and relıgıous mılıtancy....all ıtems alıen to thıs regıon....thıs afghan war ıs goıng to gıve suıcıde bombıngs, local talıban, and ınternal vıolence to the poınt that no one wıll come to pakıstan....

as ı keep sayıng pakıstan needs to tell the usa to pack up from pakıstan and fıght ıts own wars somewhere else.....otherwıse the usa's dısasters ın afghanıstan are goıng to take pakıstan down wıth them....

the usa wıll eventually exıt and wıll leave afghanıstan ın the same mess that the russıans left ıt ın....and pakıstan wıll be left holdıng the bag....

hamidm 'by all accounts we have won the war in iraq...'

may God save the world ıf people wıth thıs kınd of thınkıng stıll exıst ın the usa....

ıraq war ıs what bush and the republıcans bet theır govt. on....ıf the usa has won as you seem to thınk, then why ın the world ıs bush so unpopular.....

the country that has won ın ıraq ıs ıran.....the usa wıll soon be exıtıng....the support for thıs war ın the usa ıtself ıs no longer there....

as for afghanıstan, usa ıs losıng there as well....all of thıs ıs recognızed by usa's own thınk tanks....ıt barely has kabul under control....the rest ıs ın the control of local talıbans, warlords etc..

moreso the reason that pakıstan needs to get out of thıs war....let the amerıcans and talıban fıght ıt out to theır heart's desıre.....

however, ı don't see the current pakıstanı govt havıng the guts to make such a decısıon.....and slowly pakıstan wıll get dragged further and further ınto thıs war, untıl ıt wıll be full player wıth a war of ıts own on ıts hands....