Was alles so falsch läuft in der US-Wirtschaft

7 10 2008

Fasst dieser- zugegeben etwas polemische- Artikel ganz gut zusammen. es handelt sich übrigens um nen republikanischen Verfasser:

1) Have a fiscal policy that creates immense deficits in good times and bad, burdening America’s posterity with staggering burdens of repaying the debt.

2) Eliminate regulation of Wall Street and/or fail to enforce the regulations that already exist, instead trusting Wall Street and other money managers and speculators to manage other people’s money with few or no regulations and little oversight.

3) Have an energy policy that disallows producing our own energy and instead requires that we buy energy from abroad, thus making our oil prices highly volatile and creating large balance of payments deficits, lowering the value of the dollar and thus making the problem get progressively worse.

4) Have Congress mandate that banks and other financial entities lend money to persons they know in advance to have poor credit ratings or none at all.

5) Allow investment banks, insurers, and banks to bet their entire net worth and then some on the premise that borrowers known to be improvident will in fact repay those loans.

6) Allow the creation of large betting pools called „hedge funds“ that can move markets and control the outcome of trading, thus taking a forum for savings and retirement for families and making it into a rigged casino game that exists primarily to fleece suckers like ordinary working men and women.

7) Have laws that protect corporate officers from being sued for misconduct but at the same time punish lawyers in the private sector who ferret out such misconduct and try to make accountable the people responsible for shareholder and investor losses. If one of those lawyers gets particularly aggressive in protecting stockholders, put him in prison.

Appoint as head of the United States Treasury Department a man whose whole life was spent on Wall Street, who became fantastically rich through his peddling of junk bonds at his firm while the firm later sold short those same sorts of bonds.

9) Scare Americans into putting up $750 billion of their hard earned money to bail out the billionaires and their friends who created the market for loans to poor credit risks (The „subprime“ market) and the unbelievably large side bets on those loans, promising that such a bailout would save the retirement savings of Americans, then allow the immense hedge funds to make the market crater immediately afterwards.

10) Propose to save the situation by surtaxing the oil industry, which is owned by our fellow Americans, mostly in their retirement plans, thus penalizing Americans for investing in companies that efficiently and legally produce an indispensable product.

11) Insist that the free market requires that banks and insurers with friends of the Secretary of the Treasury be saved but allow other entities not so fortunate to fail, thus creating total uncertainty and terror among financial institutions, and demolishing all of the confidence built up in financial circles since the days of FDR.

12) Then have the Republican candidate say he would keep on the job the Treasury Secretary who facilitated the crisis, failed to protect the nation from the crisis, got the taxpayers to pony up to save his Wall Street buddies, and have the Democratic candidate, as noted, say he would save the day by taxing the stockholders of energy companies.

There, that should do it.

How to Ruin the U.S. Economy
by Ben Stein
http://finance.yahoo.com/expert/article/yourlife/112984





Tina Fey As Sarah Palin In VP Debate On SNL (VIDEO)

7 10 2008

Der beste Skit den SNL bislang zum Thema Präsidentschaftwahl gemacht hat.Von einer anderen Quelle, vlt kann mans diesmal in Schland sehen





Der Alltag…

7 10 2008

und die Klausurenphase führt dazu, dass mein Tag neben essen, lesen, lernen, lesen und lernen aus kaum was anderen besteht und wenn doch wird in Ryans Zimmer abgehangen und TV oder Film geguckt. oder bei mir im Zimmer Youtube und Hulu. oder wie in den letzten 2-3 Tagen stundenlang nach einem Laptop für Ryan gesucht und heute endlich gefunden und bestellt :) dazu muss man sagen, dass ryan eher technologiefeindlich ist und annimmt, dass die meisten Maschinen per Stimme gesteuert werden können ;) Zudem wittert er hinter Google eine Verschwörung Skynet’scher Ausmaße :D :D:D:D

Vielleicht noch so viel: ich versuche oder versuchte mal anzuregen Kevin Smith an die Uni zu holen für einen Q and A oder sonstiges.

Nur habe ich heute Infos erhalten, dass ein Q and A wohl 45.000$(!!!!!) kostet und ich meine Hoffnungen wohl begraben kann und der verantowrtliche Mensch von unserer Uni ignoriert auch gekonnt meine Mails und anfragen :D :D:D:D

Naja, diesen Monat ist wieder ein Comedy Spotlight, das ich mit Sicherheit wieder auschecken werde, zudem ist diese Woche Homecoming Week, was ich irgendwie immer mit Prom und Jahresabschluss verbunden habe, aber irgendwie scheint das nur ein jährlicher Tanz mit King und Queen Wahl zu sein… in dem Zusammenhang gibt es auch nen Footballspiel und die Residence Halls sind auch in Footballmannschaftfarben (blau/gold) geschmückt… Ich denke ich werde morgen mal versuchen ne Karte zu kriegen (die sind immer umsonst, aber auch begehrt) und dann schau ich mir vlt mal nen Spiel an, wobei ich viel lieber Basketball schauen würde…