Private equity firms are near deal to buy IndyMac
By Zachery Kouwe Published: December 29, 2008
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IndyMac Bancorp, one of the largest banks to fail as a result of the subprime mortgage crisis, is close to being sold to a consortium of private equity and hedge fund firms in a complex deal partially financed by the U.S. government, people involved in the deal said.
The Federal Deposit Insurance Corporation, along with a team of former Lehman Brothers bankers who are now with Deutsche Bank and Barclays Capital, has been engaged in the sale process since U.S. regulators declared IndyMac insolvent in July and seized the company.
The deal is in the final stages of negotiations, which are private, and could be announced as early as Monday, these people said, though they cautioned that the talks could still fall apart.
If a deal is reached, it would still need approval from the federal Office of Thrift Supervision before it can be completed.
At the time, the collapse of IndyMac ranked as one of the largest failures in FDIC history and was quickly followed by near failures and subsequent fire sales of the banking giants Wachovia and Washington Mutual.
Today in Business with Reuters
Black workers in auto plants face calamityU.S. home prices fell at sharper pace in OctoberGazprom, once mighty, is reelingThe team of buyers include the private equity firms J. C. Flowers & Company and Dune Capital Management and the hedge fund Paulson & Company, the people involved in the deal said. It was unclear exactly how much capital the buyers would inject into IndyMac, but they would be shouldering a portion of the losses the bank may have on mortgages and other assets, these people said.
The proposed deal is unusual because it is one of the first transactions involving unregulated private equity firms acquiring a majority stake in a bank holding company. Until now, private equity and hedge fund firms have taken only minority positions in struggling banks, like the Texas Pacific Group's $2 billion investment in Washington Mutual earlier this year.
As banks began to fail, private equity firms initially came to the rescue, but they backed off over fears they would be subject to increased regulation.
The Federal Reserve chairman, Ben Bernanke, said in July that "private equity is a very good source of capital for banks."
Then in September, the Federal Reserve eased regulations to allow private equity firms and hedge funds to acquire larger portions of bank holding companies and gave them more control over the banks, including representation on bank boards.
Previously, a private equity firm that held more than 24.9 percent of a bank was required to register as a bank holding company, which restricts an investor's ability to make investments outside the banking industry and would subject the entire private equity firm to strict U.S. government regulations.
Longtime foes of the private equity industry, like the Service Employees International Union, have raised concerns about allowing banks to be controlled by private investment firms. They argue that private equity firms would saddle banks with dangerous amounts of debt and exercise undue influence over lending practices.
In the proposed IndyMac deal, the consortium would buy the entire bank, including its 33 branches, reverse-mortgage unit and $176 billion loan-servicing portfolio.
The deal would be a coup for Dune Capital, founded in 2004 by Steven Mnuchin and Daniel Neidich, two former partners at Goldman Sachs, because they would pick up a well-known banking brand on the cheap.
J. C. Flowers, also led by a former Goldman partner, J. Christopher Flowers, focuses on financial firms, having tried to acquire the lender Sallie Mae last year. But the firm has struck few deals so far amid the banking crisis.
Paulson & Company, led by John Paulson, has been one of the biggest winners in the subprime mortgage crisis, having reaped billions of dollars by betting against risky home loans. Paulson recently indicated to investors in his hedge funds that he was prepared to start buying up low-price debt like prime mortgages and investing in financial institutions.
When IndyMac failed, more than 130 FDIC employees swooped in to prepare the bank to reopen under government supervision. The bank was founded in 1985 by Angelo R. Mozilo and David S. Loeb, who also founded Countrywide Financial.
IndyMac once specialized in "alt-A" home loans, which often did not require borrowers to fully document income or assets. It collapsed after defaults mounted and as tight capital markets caused losses on mortgages it couldn't sell.
The seizure came after panicked customers withdrew more than $1.3 billion of deposits over 11 business days. The withdrawals came after comments in late June by Senator Charles E. Schumer, Democrat of New York, questioning IndyMac's health.
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Tuesday, 30 December 2008
Sunday, 28 December 2008
Catholica Jews have failed !
why not listen to Iran President message
http://www.channel4.com/programmes/alternative-christmas-message/articles/translation-of-the-alternative-christmas-message
as like Mahler, not just after Madoff but just look at the zionist support of Bush these past 8 years !! there should be more shame and questions showered on more questionable politicans and world leaders! enough enough of this greed lies and dishonest government! whereever we look, whther it is Dublin, London, Paris, Moscow, Brasilia , to name a few!
http://www.channel4.com/programmes/alternative-christmas-message/articles/translation-of-the-alternative-christmas-message
as like Mahler, not just after Madoff but just look at the zionist support of Bush these past 8 years !! there should be more shame and questions showered on more questionable politicans and world leaders! enough enough of this greed lies and dishonest government! whereever we look, whther it is Dublin, London, Paris, Moscow, Brasilia , to name a few!
Friday, 26 December 2008
U.S. Jews Fear Madoff Case Stokes Anti-Semitism
of course it was a planned attack on their charity and individual wealth and preyed on their greed expecting a guarantted 10 , which obviouly was not kosher !! surprise surprisr and why did Goldman and other banks like Lehman earlier before their demise and Bear Sterns too not say anything- because it epitimised greed on a extreme basis ! and religion or being jewish did not matter !!Mosad now should hunt down the benefitors of the scheme going back the last 10- 15 plus years banks brokers intermediares etc etc and politicans and officials who chose to look a blind eye ! sadly money corrupts and like the present crises is all about excessive greed and we are currently living through a wasp inspired crises , one dat the truth will prevail
Thursday, 20 November 2008
Lehman's demise what a sham! scandal and deception , to who is really responsible ?
Lehman Restructuring Officer Marsal Wants 25% Incentive Fees
By Linda Sandler and Christopher Scinta
Nov. 18 (Bloomberg) -- Lehman Brothers Holdings Inc.'s restructuring officer, Bryan Marsal, asked a court to pay his firm incentive fees as high as 25 percent on top of the hourly rates he's charging to liquidate the bank.
Marsal's company, Alvarez & Marsal, has 125 employees helping Lehman sell assets and unwind trades. Marsal previously asked for $2.5 million upfront and hourly fees of as high as $850 for himself and other top executives. Under a proposal filed yesterday, A&M would start earning its bonus after recovering $15 billion for unsecured creditors of Lehman, which listed $613 billion in debt.
``Especially in a case like this, where the firm is also getting hourly rates, you would not want to have triggers for the incentive payments that are too easy to meet,'' said Stephen Lubben, who teaches at Seton Hall University School of Law in Newark, New Jersey. ``The triggers do seem to be low, and at the very least A&M should offer some explanation for why this should be so.''
The restructuring firm's request is part of an estimated $1.4 billion in fees for lawyers, accountants and other professionals that will make Lehman's bankruptcy the most expensive ever, surpassing the record set by Enron Corp. in 2004 according to calculations by Lynn LoPucki, who teaches bankruptcy law at Harvard University and the University of California at Los Angeles.
`Fee Enhancements'
Restructuring experts often demand bonus payments. Perella Weinberg Partners LP in 2007 had to forgo a success fee it wanted for advising shareholders in the bankruptcy of energy company Calpine Corp., which objected to paying the bonus. A judge ruled the same year that law firm Cadwalader Wickersham & Taft, which represented Northwest Airlines Corp., wasn't entitled to $3.5 million in ``fee enhancements'' on top of its $502 average hourly rate.
Also in 2007, Alix Partners gave up a $5 million success fee it had sought on top of $25.6 million in professional charges while winding down futures-trader Refco Inc.
``Bonuses are normally only granted after the fact to crisis managers who produce exceptional, outstanding, and unexpected results,'' said Martin Bienenstock, a Dewey & LeBoeuf lawyer who represents Lehman creditors including Walt Disney Co.
``Crisis manager employees do not need to be guaranteed bonuses in advance because they expect short-term work and have no reason to threaten to leave (just the opposite, in fact),'' Bienenstock said in an e-mail.
Lehman's lead law firm, Weil Gotshal & Manges, may earn $209 million in fees from the Lehman case, LoPucki estimated. Lehman would pay Weil, led by bankruptcy partner Harvey Miller, $650 to $950 an hour for partners and counsel, and $155 to $295 for paraprofessionals.
A&M Rates
A&M has said it will charge from $175 to $300 an hour for analysts or administrators and $550 to $850 for managing directors. It will bill Lehman for fees and expenses every month or more often if A&M prefers, according to court documents.
Lehman, once the fourth-largest investment bank, has said it foundered because of deteriorating subprime and structured investments. It filed the biggest U.S. bankruptcy Sept. 15 with mostly unsecured debts.
Rebecca Baker, a spokeswoman for A&M, didn't immediately return phone calls seeking comment today.
The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
To contact the reporters on this story: Linda Sandler in New York at lsandler@bloomberg.net; Christopher Scinta in New York at cscinta@bloomberg.net.
Last Updated: November 18, 2008
By Linda Sandler and Christopher Scinta
Nov. 18 (Bloomberg) -- Lehman Brothers Holdings Inc.'s restructuring officer, Bryan Marsal, asked a court to pay his firm incentive fees as high as 25 percent on top of the hourly rates he's charging to liquidate the bank.
Marsal's company, Alvarez & Marsal, has 125 employees helping Lehman sell assets and unwind trades. Marsal previously asked for $2.5 million upfront and hourly fees of as high as $850 for himself and other top executives. Under a proposal filed yesterday, A&M would start earning its bonus after recovering $15 billion for unsecured creditors of Lehman, which listed $613 billion in debt.
``Especially in a case like this, where the firm is also getting hourly rates, you would not want to have triggers for the incentive payments that are too easy to meet,'' said Stephen Lubben, who teaches at Seton Hall University School of Law in Newark, New Jersey. ``The triggers do seem to be low, and at the very least A&M should offer some explanation for why this should be so.''
The restructuring firm's request is part of an estimated $1.4 billion in fees for lawyers, accountants and other professionals that will make Lehman's bankruptcy the most expensive ever, surpassing the record set by Enron Corp. in 2004 according to calculations by Lynn LoPucki, who teaches bankruptcy law at Harvard University and the University of California at Los Angeles.
`Fee Enhancements'
Restructuring experts often demand bonus payments. Perella Weinberg Partners LP in 2007 had to forgo a success fee it wanted for advising shareholders in the bankruptcy of energy company Calpine Corp., which objected to paying the bonus. A judge ruled the same year that law firm Cadwalader Wickersham & Taft, which represented Northwest Airlines Corp., wasn't entitled to $3.5 million in ``fee enhancements'' on top of its $502 average hourly rate.
Also in 2007, Alix Partners gave up a $5 million success fee it had sought on top of $25.6 million in professional charges while winding down futures-trader Refco Inc.
``Bonuses are normally only granted after the fact to crisis managers who produce exceptional, outstanding, and unexpected results,'' said Martin Bienenstock, a Dewey & LeBoeuf lawyer who represents Lehman creditors including Walt Disney Co.
``Crisis manager employees do not need to be guaranteed bonuses in advance because they expect short-term work and have no reason to threaten to leave (just the opposite, in fact),'' Bienenstock said in an e-mail.
Lehman's lead law firm, Weil Gotshal & Manges, may earn $209 million in fees from the Lehman case, LoPucki estimated. Lehman would pay Weil, led by bankruptcy partner Harvey Miller, $650 to $950 an hour for partners and counsel, and $155 to $295 for paraprofessionals.
A&M Rates
A&M has said it will charge from $175 to $300 an hour for analysts or administrators and $550 to $850 for managing directors. It will bill Lehman for fees and expenses every month or more often if A&M prefers, according to court documents.
Lehman, once the fourth-largest investment bank, has said it foundered because of deteriorating subprime and structured investments. It filed the biggest U.S. bankruptcy Sept. 15 with mostly unsecured debts.
Rebecca Baker, a spokeswoman for A&M, didn't immediately return phone calls seeking comment today.
The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
To contact the reporters on this story: Linda Sandler in New York at lsandler@bloomberg.net; Christopher Scinta in New York at cscinta@bloomberg.net.
Last Updated: November 18, 2008
ice cream i scream
Today lets have ice cream with apple strudel and maybe a little whipped cream
celebrate we are still in Rat Year and let's trust g oo d luck is looming around the corner
celebrate we are still in Rat Year and let's trust g oo d luck is looming around the corner
Sunday, 16 November 2008
Haringey's Sharon Shoesmith position ?
It is untenable ! and she should resign or eb forced out !
To be paid 100K plus and to be ionvolved in such a disturbing story of baby P's death - there should eb no more excuses - the department failed and no better judge than sadly a death! so please , quite like so much of present day politicians they will not go but must ne pushed ! Ed ball's report should not be necessary and should not be a white wash !!
Get out Sharon asap! what has occured , has many people responsible but probably you will like others move off to a charity or a corporate position !!
To be paid 100K plus and to be ionvolved in such a disturbing story of baby P's death - there should eb no more excuses - the department failed and no better judge than sadly a death! so please , quite like so much of present day politicians they will not go but must ne pushed ! Ed ball's report should not be necessary and should not be a white wash !!
Get out Sharon asap! what has occured , has many people responsible but probably you will like others move off to a charity or a corporate position !!
Friday, 14 November 2008
http://video.google.com/videoplay?docid=9219858826421983682
http://video.google.com/videoplay?docid=9219858826421983682
Sunday, 9 November 2008
Could there have been a Uk Obama !
very unlikely- Labour and Conservatives both have problems with minorities, and especialy so with New Labour- a tremendous disapointment of reality!
Tuesday, 4 November 2008
D Day !! Has arrived ??
November 4th has arrived ??
How long to know the direction of the Future Roadmap??
in 2000 it took a month , this time ??
How long to know the direction of the Future Roadmap??
in 2000 it took a month , this time ??
Sunday, 2 November 2008
Wednesday, 22 October 2008
Iain Dale's Diary: Rules of Engagement
Iain Dale's Diary: Rules of Engagement
i am curious to who what and why people wish to read this blog! but as Sky presenter likes it , then we should all have access to be enlightened! as so much of the news especially News Corp news is spin on spin on spin and the head is still turning and tripping ! so who cares what is right ! factual and useful!
i am curious to who what and why people wish to read this blog! but as Sky presenter likes it , then we should all have access to be enlightened! as so much of the news especially News Corp news is spin on spin on spin and the head is still turning and tripping ! so who cares what is right ! factual and useful!
Osborne story is a convenient distraction for Biz secretary and the Russian who desperately needs loans! and British Banks!
So of course discredit the Tories about rubbish conversation did he say that or this about nothign really when this dubiosu russian desperately needs money by 31st Oct and has commitments outstanding wiht various Banks of which some are British and so why not lean on his friend Natty who leans on his friends and wite letters that shoudl nto ahve been written if this was 'Cricket' poor show Natty chap ! but when Russians lean on you , obviously you are scared why ? what do you owe him and others ?
Monday, 13 October 2008
Sunday, 5 October 2008
pRINCE OF dARKNESS RETURN TO uk cABINET/gOV
we have sleaze greed and much disregard for regulation and so we get into this mess after many years of neglect from those in authority that should have done better ! and it is not only Civil servants politicians, lawyers, accountants , officials of various sorts and bankers who have benefited huge through taking a blind eye too often!!
so what is truly going on- Mr Spin and his associates need to return so to cloud more the truth! and prepare to bend even more rules ! so we keep a government in-as there is no affective opposition! it is a sad and sorry taleand unfortunately not fiction !
so what is truly going on- Mr Spin and his associates need to return so to cloud more the truth! and prepare to bend even more rules ! so we keep a government in-as there is no affective opposition! it is a sad and sorry taleand unfortunately not fiction !
Thursday, 2 October 2008
Zurichers Insist UBS `Won't Go Bankrupt' as Swissair (Update1)
well we know what Lehman employers thought
we also know what Swiss Air employers thought before September 2001 that they could not go Bust
and now if UBS did not ahve Private Wealth to make revenue they would be finished and do they deserve to survive
probabkly not with such second rate management - over spending whether it was Brazil USA or even Europe ? incompetence has reigned high! and only private wealth customers through excessive charges keep the machine going !
we also know what Swiss Air employers thought before September 2001 that they could not go Bust
and now if UBS did not ahve Private Wealth to make revenue they would be finished and do they deserve to survive
probabkly not with such second rate management - over spending whether it was Brazil USA or even Europe ? incompetence has reigned high! and only private wealth customers through excessive charges keep the machine going !
Tuesday, 30 September 2008
BUY US EQUITIES
DOW WILL GO TO 20 000
and Sand P 500 to 2000
so do not sit back and now get negative as the rally of rallies is about to begin
as with US Sovereign Buying about to enter we have the Floor of Floors
and Sand P 500 to 2000
so do not sit back and now get negative as the rally of rallies is about to begin
as with US Sovereign Buying about to enter we have the Floor of Floors
Monday, 29 September 2008
RBS special case Fortis !! one down in the partnership!!
AS LONG AS sIR FrED REMAINS WE KNOW THE CITY IS STILL INCOMPETENT!!
He nees to retur bonuses and fellow directors be removed and barred for so many reckless decisions today we have one of their partnets in the ABnAmro Fortis in Big problems surprise ! no
He nees to retur bonuses and fellow directors be removed and barred for so many reckless decisions today we have one of their partnets in the ABnAmro Fortis in Big problems surprise ! no
Rescuing B and B is easy !!
especially letting go the jewels to Santandar who already have enough of the High St
but the taxpayer is kept with the bad decisions
how about bonuses being returned from allexecutive directors these last 4 years as their decisions have been reckless!!
but the taxpayer is kept with the bad decisions
how about bonuses being returned from allexecutive directors these last 4 years as their decisions have been reckless!!
Wednesday, 24 September 2008
Ruth Kelly laves ! but for how long!
Well as a good catholic we assume her reason 'the family' and that after 11 years she realises they should now be put first !
but let us speculate and assumeif Palin
wins then the political landscape here could benefit too with a young woman !
so maybe she will be back sooner than we think- and let's forget the Postman and Miliband as they are both not suitably qualified and sadly believe their own hype !
but let us speculate and assumeif Palin
wins then the political landscape here could benefit too with a young woman !
so maybe she will be back sooner than we think- and let's forget the Postman and Miliband as they are both not suitably qualified and sadly believe their own hype !
Greed and Irresponsibility !
and the Very people who created this Financial mess/hole - the Treasury Secretary seek their help to grab more fees to supposedly solve the problems ?? please please this is nonsense! Golman and others should be paying back fees and bonuses ? and having assets confiscated! as robbery is robbery in whatever language - even if protected by lawyers and politicians !
Saturday, 20 September 2008
market madness
the banks that have been having problem re their own posiiton etc
Merrill Morgan Stanley an even yours truly Goldman
are advising on emergency deals like the takeover of HBOS by Lloyds TSB in a rush and at basement prices to please who and instructed by whom in reality!!
again why should those that can not even have their houses in order - be reaping fat fees for probable questionable advice !! probably push through any deal any price just to win a fee ! and this is then madness and sadness and WRONG !!
Merrill Morgan Stanley an even yours truly Goldman
are advising on emergency deals like the takeover of HBOS by Lloyds TSB in a rush and at basement prices to please who and instructed by whom in reality!!
again why should those that can not even have their houses in order - be reaping fat fees for probable questionable advice !! probably push through any deal any price just to win a fee ! and this is then madness and sadness and WRONG !!
Friday, 19 September 2008
Markest stage first serious bounce !
AS already stated we are building a seriosu base and remember this will eb a rally of rallies ??
Wednesday, 17 September 2008
HBOs in Uk goes to TSB Lloyds
Nothing New as the bank HBOS has beeen looking for a suitor for the last 12 months and the Retailer not Banker that has been running the show , despite all the PR spin about what a wondeful job like Northern Rock has not a serious clue, andran it dowmnwards
so the Black Horse will do what ever repair needs doing internally
Markets will move higher once expiry etc tripple witching is out of the way
so the Black Horse will do what ever repair needs doing internally
Markets will move higher once expiry etc tripple witching is out of the way
at current levels buy Equity US especially!
do not panic as next year we will ahve Dow Lones 20 000
and SP500 2000 so stay cool and buy more if you have spare capacity
but do not jump as these markets will Rally sharply from next week into Nov 4th and beyond!
Houston we do not have a problem- this is just perverse market psychology , where people are expected to sell the lows and then buy back at the highs next year -
and SP500 2000 so stay cool and buy more if you have spare capacity
but do not jump as these markets will Rally sharply from next week into Nov 4th and beyond!
Houston we do not have a problem- this is just perverse market psychology , where people are expected to sell the lows and then buy back at the highs next year -
Chinese Capitalism has arrived to US
AIG is saved by state for State appointees to run as we have a crises that needs Taxpayers money! Fear Greed and Panic brings decisions like this similar to the introduction of Homeland Security from September 2001
We have a Trillon dollar War machine and with so many errors already , only history will reveal the mistakes of today by leaders and politicans that have questionable past decisions to answer for whilst making serious changes to Capitalism as how we knew it till today!
We have a Trillon dollar War machine and with so many errors already , only history will reveal the mistakes of today by leaders and politicans that have questionable past decisions to answer for whilst making serious changes to Capitalism as how we knew it till today!
AIG takeover by the State by who for whom?
2001 Homeland security establsihed in a hurry and after fear and panic
now September 2008 we have a new form of Us Capitalism being introduced by the same regime leaders /administration- with too many ex present and future Golman people around these deals
what is truly going on ?
now September 2008 we have a new form of Us Capitalism being introduced by the same regime leaders /administration- with too many ex present and future Golman people around these deals
what is truly going on ?
Tuesday, 16 September 2008
Buy US Equities Buy Crude Oil
The market will commence a rally this week and it will be the rallies of rallies , similar to same time last year - whenit caught many by surprise
Beware! so Buy calls buy Futures
Beware! so Buy calls buy Futures
Monday, 15 September 2008
Lehman Market Capitulation Merrill deal
Monday Sep 15th is a BUy on US equities
with the breaish news but when invtesigated bullish news that this abuse of management is now out of the way - market can prepare to stage a rally that wil take us into and beyond the US election SP50 which today is around 1200 should eb bough and 1600 March 09 options at 145 should also be bought.
For a wild card also buy the Jan 130 Crude Oil Calls at less than a Dollar
Prepare for take off Hostion- are you listening. Now that Fuld has folded it is good for the market around the corner
with the breaish news but when invtesigated bullish news that this abuse of management is now out of the way - market can prepare to stage a rally that wil take us into and beyond the US election SP50 which today is around 1200 should eb bough and 1600 March 09 options at 145 should also be bought.
For a wild card also buy the Jan 130 Crude Oil Calls at less than a Dollar
Prepare for take off Hostion- are you listening. Now that Fuld has folded it is good for the market around the corner
Friday, 12 September 2008
Surprise ! we now Have Chavez expelling US Ambassador
?? Last week it was Pakistan tension between US
Now this week Chavez- (which appears more of a CIA mole)
is at his games again- or who is really playing games here at the moment!
As we appraoch Novemeber we need more Bush style tension on the global scene- so let's rely on our true /friends -sorry enemies -it does get confusing as Gaddafy was the same role not long ago! and at times to try and understand only make it more absurd.
So we have tension with Venezuella ( Ah ) Oil producer- another excuse over the next weeks/month to see stronger prices - helping the Palin Drilling at all costs argument
gosh Foreign Policy is so complicated -
Now this week Chavez- (which appears more of a CIA mole)
is at his games again- or who is really playing games here at the moment!
As we appraoch Novemeber we need more Bush style tension on the global scene- so let's rely on our true /friends -sorry enemies -it does get confusing as Gaddafy was the same role not long ago! and at times to try and understand only make it more absurd.
So we have tension with Venezuella ( Ah ) Oil producer- another excuse over the next weeks/month to see stronger prices - helping the Palin Drilling at all costs argument
gosh Foreign Policy is so complicated -
Technorati: Front Page
Technorati: Front Page
what is going on on inside her head ??
more importantly what are the pupet masters really thinking? and what abuse of power is this really about ???
what is going on on inside her head ??
more importantly what are the pupet masters really thinking? and what abuse of power is this really about ???
Wednesday, 10 September 2008
theprimeminister.com Blog
theprimeminister.com Blog
Lets hope we can have serious political debate up and beyond november 4th
Wake up Joe Biden wake up Obama
wake up Mc Cain and Sarah what can we seriously say - as she chases Vogue photo shoots!
to win over so called sophisticated and thinking voters ! we are happy to see you dress in fur- why not turn the clock back and hunt kill anything for whatever you can pay!
and who cares for the animals when the people and the children are just pawns in a bigger and sleazier game !
We had Vietnam in the 1960's now we have in 2000 plus Afghanistan and Iraq and what is next ?
Lets hope we can have serious political debate up and beyond november 4th
Wake up Joe Biden wake up Obama
wake up Mc Cain and Sarah what can we seriously say - as she chases Vogue photo shoots!
to win over so called sophisticated and thinking voters ! we are happy to see you dress in fur- why not turn the clock back and hunt kill anything for whatever you can pay!
and who cares for the animals when the people and the children are just pawns in a bigger and sleazier game !
We had Vietnam in the 1960's now we have in 2000 plus Afghanistan and Iraq and what is next ?
09 11 anniversary 2008
Today we hear from US Military they need more troops in Afghanistan to win the war against the Taliban
Well why in late 1980's this same region was allowing US Security Personnel ( CIA operatives) to deal drugs to supposedly make money to be able to trade arms and so defeat and kill commies which were then the enemy of the time !!
Now its the Taliban who is who really ?
Are we protecing the Drug Barons ? and as we protect this President of Afghanistan
who really is he and where is his Puppet Masters ?
We are told Pakistan is a problem on the northern borders surprise surprise ??
anyone wishes to seriously tell us the truth ???
so far after 7 years , that has been hiden , as is unlikely to change whilst we enter another US election?
Well why in late 1980's this same region was allowing US Security Personnel ( CIA operatives) to deal drugs to supposedly make money to be able to trade arms and so defeat and kill commies which were then the enemy of the time !!
Now its the Taliban who is who really ?
Are we protecing the Drug Barons ? and as we protect this President of Afghanistan
who really is he and where is his Puppet Masters ?
We are told Pakistan is a problem on the northern borders surprise surprise ??
anyone wishes to seriously tell us the truth ???
so far after 7 years , that has been hiden , as is unlikely to change whilst we enter another US election?
Saturday, 6 September 2008
Types of Business important to MC Cain/ Davis
In 2006, Davis helped set up the encounter between McCain and Russian aluminum magnate Oleg Deripaska in Switzerland during an international economic conference. At the time, Davis was working for a lobbying firm and seeking to do business with the billionaire. Later that month, Deripaska wrote to Davis and his partner, political consultant Paul J. Manafort, to thank them for arranging the meeting. "Thank you so much for setting up everything in Klosters so spectacularly," he wrote. "It was very interesting to meet Senators Chambliss, Sununu, and McCain." [5]
[edit] John McCain election campaigns
DHL
In 2003, Davis and his lobbying firm were hired by German logistic company DHL and Airborne Express, to lobby congress to approve of a merger between the two firms. DHL Holdings was eventually successful in acquiring Airborne Express. [1][3]
McCain and Davis have now come under severe criticisms for facilitating the deal, as DHL is planning to quit using the Wilmington, Ohio freight airport as a hub. The airport and package-sorting facility in Wilmington was previously owned by Airborne Express. The move by DHL is expected to cost the region as much as 1,000 jobs.[4]
[edit] Involvement with Oleg Deripaska
In 2006, Davis helped set up the encounter between
[edit] John McCain election campaigns
DHL
In 2003, Davis and his lobbying firm were hired by German logistic company DHL and Airborne Express, to lobby congress to approve of a merger between the two firms. DHL Holdings was eventually successful in acquiring Airborne Express. [1][3]
McCain and Davis have now come under severe criticisms for facilitating the deal, as DHL is planning to quit using the Wilmington, Ohio freight airport as a hub. The airport and package-sorting facility in Wilmington was previously owned by Airborne Express. The move by DHL is expected to cost the region as much as 1,000 jobs.[4]
[edit] Involvement with Oleg Deripaska
In 2006, Davis helped set up the encounter between
Rick Davis (politics) - Wikipedia, the free encyclopedia
Rick Davis (politics) - Wikipedia, the free encyclopedia
Well the latest comments from Mc Cain manager Davis says- \this election is not about issues but personalities??
well obviosuly we know that with the choosing of Sarah Palin- issues are to serious and controversal and do not assist a Republican victory!! stick to simple sound bites and keeping people dumb and just entertained !!
Well the latest comments from Mc Cain manager Davis says- \this election is not about issues but personalities??
well obviosuly we know that with the choosing of Sarah Palin- issues are to serious and controversal and do not assist a Republican victory!! stick to simple sound bites and keeping people dumb and just entertained !!
Friday, 5 September 2008
Palin: I'm your pitbull in lipstick !
well we are not surpised how you treated your 5 month handicaped baby when you gave your speech and the baby was obviously very hot and unable to communicate what display is this ?
and just for the record kids and babies should not be near pitbulls as they are dangerously unpredictable
and just for the record kids and babies should not be near pitbulls as they are dangerously unpredictable
Thursday, 4 September 2008
Baby son tried to Listen to Mum Sarah whilst hot and noisy!
Watch the baby son ? how sad a mum would manipulate their child in this way ! crass and unbelievable but with the Right and neo conservatives nothign is beyond them -as they are selfish greedy and immensely hungry always for power at all costs
Wednesday, 3 September 2008
Republicans chose palin with no Foreign Experience
Palin has only travelled to Kuwait ( supposedly for her son and the army but probably Oil)
and after 8 yars of mischivious behaviour by Bush/ Cheney with so much of the USA's counrty's wealth tied up in the War machine in Middle East and elsewhere - we are to believe these comments, foreign affairs can be left to a 72 year old who has had treatment for cancer and has an uneasy twitch under his eye
Palin will be the first true Presudent controlled by puppet masters , as everyone will joke someone else is in control - what a farce is this and why should we tollerate such behaviour from americans they have a responsibility to stop being so ignorant and stupid and indifferent to this manipulation- but sadly we have a bunch of hopeless twats in the House of Commons here - who constantly display excessive ignorance and stupidty!
and after 8 yars of mischivious behaviour by Bush/ Cheney with so much of the USA's counrty's wealth tied up in the War machine in Middle East and elsewhere - we are to believe these comments, foreign affairs can be left to a 72 year old who has had treatment for cancer and has an uneasy twitch under his eye
Palin will be the first true Presudent controlled by puppet masters , as everyone will joke someone else is in control - what a farce is this and why should we tollerate such behaviour from americans they have a responsibility to stop being so ignorant and stupid and indifferent to this manipulation- but sadly we have a bunch of hopeless twats in the House of Commons here - who constantly display excessive ignorance and stupidty!
Monday, 1 September 2008
Parental Responsibility!! Superb example for others to follow !
Palins Daughter Pregnant, Campaign Announces (2 user reviews)
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Hurricane Gustova clears the GOP Hoit Air
! Thanks goodness the Elements know when to say hello !
When you have a conference of so many non believers re the Environment and other related issues - what better than some clearance ?
When will the Republicans stop idealising a brand and not search and question what the product truly offers ? Right to Life at all costs - even when the child is de formed ? OH it is a numbers game where all these religious zealots just wanty numbers , so at all costs contraception or abortion or anywya to play against the numbers must ve stopped > wake up and rememebr thsi si a seriosu planet which must be Responsible ah ! we must have the right to carry a Gun !
Life is cheap ? Pro Death is that what you get confused with ? Palin preaches what she thinks the masses and the religious lot want their audiences to hear ! and she like them are after the numbers the votes at any cost! Alasak ANWR who cares about the environment ? oh at least the Hurricane did !!
When you have a conference of so many non believers re the Environment and other related issues - what better than some clearance ?
When will the Republicans stop idealising a brand and not search and question what the product truly offers ? Right to Life at all costs - even when the child is de formed ? OH it is a numbers game where all these religious zealots just wanty numbers , so at all costs contraception or abortion or anywya to play against the numbers must ve stopped > wake up and rememebr thsi si a seriosu planet which must be Responsible ah ! we must have the right to carry a Gun !
Life is cheap ? Pro Death is that what you get confused with ? Palin preaches what she thinks the masses and the religious lot want their audiences to hear ! and she like them are after the numbers the votes at any cost! Alasak ANWR who cares about the environment ? oh at least the Hurricane did !!
Saturday, 30 August 2008
Arctic Refuge drilling controversy - Wikipedia, the free encyclopedia
Arctic Refuge drilling controversy - Wikipedia, the free encyclopedia
This is why the Republicans chose Palin as VP - it is all about Drilling Oil afer the election and rtuly destroying what has been protected up until now ? Bush is not content with the Billions from the Iraq conflict and the Afghanistan nonsense - when does the greed stop ! and soem sanilty arrives ?
sadly the Democrats are sleeping
This is why the Republicans chose Palin as VP - it is all about Drilling Oil afer the election and rtuly destroying what has been protected up until now ? Bush is not content with the Billions from the Iraq conflict and the Afghanistan nonsense - when does the greed stop ! and soem sanilty arrives ?
sadly the Democrats are sleeping
Sara Palin
She is anti Abotion , Pro Death penalty, pro Guns and anti restriction to OPil drilling in Alaska!
So Bush and the Boys can tear up Alska in the next 8 years whe they have left office ! with thier inside friends from Washington-
So Woman will Vote for her as Sen Clinton is not possible ! Please Woman can not be that stupid , and not see what a threta to family sanity and a sane course back to progress for the majority and not just a select few!
Palin Mc Cain should be stopped ! as the 72 year old will not last the 4 years and so Mr President will be Palin ! and who is behind this type of coup ! the same people being 2000 ??
So Bush and the Boys can tear up Alska in the next 8 years whe they have left office ! with thier inside friends from Washington-
So Woman will Vote for her as Sen Clinton is not possible ! Please Woman can not be that stupid , and not see what a threta to family sanity and a sane course back to progress for the majority and not just a select few!
Palin Mc Cain should be stopped ! as the 72 year old will not last the 4 years and so Mr President will be Palin ! and who is behind this type of coup ! the same people being 2000 ??
Friday, 29 August 2008
Palin ! for VP
What an interesting choice and surely is not good for the Democrats - as Sara is only 44
fresh unlike Biden ! and quite a mum already - much better and a superior choice to Mitt Romney
fresh unlike Biden ! and quite a mum already - much better and a superior choice to Mitt Romney
Thursday, 28 August 2008
Sack Miliband ! or send him back to school to learn 2008 politics!
Miliband rhetorics are just to support a brother Jew who is the President of Georgia, incidentally the defence minister of Georgia is also a an Israeli citizen.
I shudder to think why it is always a Jew who lights the sparks of a war, remember Archduke Francis Ferdinand of Austria was assassinated by a Serbian Jew, Gavrilo Princip, WW2 was to break strangle hold of Jews on Europe economy. Some of my best friends are Jews who are also at a loss to understand, why Jews want to have turmoil and wars, one thing I know all wars means more money for rich bankers and investors.
I shudder to think why it is always a Jew who lights the sparks of a war, remember Archduke Francis Ferdinand of Austria was assassinated by a Serbian Jew, Gavrilo Princip, WW2 was to break strangle hold of Jews on Europe economy. Some of my best friends are Jews who are also at a loss to understand, why Jews want to have turmoil and wars, one thing I know all wars means more money for rich bankers and investors.
Wednesday, 27 August 2008
Saturday, 23 August 2008
who is sleeping?
South Ossetia Kosova may be run by criminals, but what is truly going on with Afghanistan. Only this week PM Brown says more troops are required.
Just this weekend the so called fresh Obama , the candidate of change , chooses Senator Joe Biden as his VP , and running mate. The man that has pushed both wars and is
keen not to withdraw but have a better plan. Please! As the drug barons get serious richer and the industry booms under the noses of the various overseas armies , what is seriously going on.
Remember it was only Oliver North, Colonel Oliver North appointed by the Reagan Republican administration- who stated at various Washington hearings after the contra scandal -" that if my men are dealing drugs , to to make money to be able to buy guns so to kill commies - I am a proud American"
So if we can not search for the truth soon, we are only continuing to play dangerous games , where arms drugs and peoples exploitation are to interlinked and intercontrolled by where and whom ?
www.theprimeminister.com
Just this weekend the so called fresh Obama , the candidate of change , chooses Senator Joe Biden as his VP , and running mate. The man that has pushed both wars and is
keen not to withdraw but have a better plan. Please! As the drug barons get serious richer and the industry booms under the noses of the various overseas armies , what is seriously going on.
Remember it was only Oliver North, Colonel Oliver North appointed by the Reagan Republican administration- who stated at various Washington hearings after the contra scandal -" that if my men are dealing drugs , to to make money to be able to buy guns so to kill commies - I am a proud American"
So if we can not search for the truth soon, we are only continuing to play dangerous games , where arms drugs and peoples exploitation are to interlinked and intercontrolled by where and whom ?
www.theprimeminister.com
Biden what a wasted opportunity !
Sadly you have chosen a catholic - ( is this a Kennedy thing) and someone who has pushed the War Machine -
what is clear , there is less to chose - as it is a continuation of the Bush mafia through Mc Cain - who have already made extreme wealth from the last 8 years or a new War machine that nees to make money for their contacts
Sad ! Biden's mistake back in 1987 should not have permitted him on any fresh clean and new idea ticket that Obama was meant to be about
or will Biden be president once Obama is elected as soem event or excuse will take place to remove Obama - and so it is another sham
a pity Obama did not rtuly adopt a VP of change and passsion for an alternative world order to Bush's New World Order but Biden will be another continuation as Irish and Jews are so alike and this Bush team has been so infriltrated by jewish pressure groups
enough said
what is clear , there is less to chose - as it is a continuation of the Bush mafia through Mc Cain - who have already made extreme wealth from the last 8 years or a new War machine that nees to make money for their contacts
Sad ! Biden's mistake back in 1987 should not have permitted him on any fresh clean and new idea ticket that Obama was meant to be about
or will Biden be president once Obama is elected as soem event or excuse will take place to remove Obama - and so it is another sham
a pity Obama did not rtuly adopt a VP of change and passsion for an alternative world order to Bush's New World Order but Biden will be another continuation as Irish and Jews are so alike and this Bush team has been so infriltrated by jewish pressure groups
enough said
Wednesday, 20 August 2008
No place for NATO anymore so disband ?
Nato and what it now represents is part of a bi gone age! It is not necessary when the threat is no ore Russia as they are now caught up in the sm capitalist jungel like the europeans asians and americans so if they were some threat so would one of the other groups too ? but obviously to disband Nato would rrequire common sense, no room for grafting , little economic greed and a rrality for th Right thing ? and sadly that lacks with politicians and anyone close to the military complex?? /
Monday, 11 August 2008
Terror Tactics
Remember it was Bush who said back in 2000 in Slovenia i look into his eyes Putin and i trust the man !! from the soin of a CIA operative to an ex KGB emplyee - what a wonderful world of further turmoil and trouble
Sunday, 10 August 2008
Georgian Invasion ?
This is all part of the New Word Order according to Bush and Putin, who thrive on instability and higher Oil and commodity prices ! Just watch as Oil climbs thanks to this latest trouble -very convenient ahead of the US election later in the year ? lets have more world tension ?
This President of Georgia is a US /CIA clone - and all this nonsense about nato membership, is just helping to fuel the fire of trouble.
This President of Georgia is a US /CIA clone - and all this nonsense about nato membership, is just helping to fuel the fire of trouble.
Wednesday, 23 July 2008
Shopping?? Till i drop!! why not DROP quickly then and save the planet alot of unnecessary WASTE
Should there be restraint whether it is purchasing another pair of unnecessary shoes to filling the supermarket with excessive food , that will only be thrown out or partly used ? and this continues and continues and who cares as if i can remember my pin, it is only money or time spent with a credit/ debit card ?
something is seriously wrong wasteful and wicked ? but again who sincerely cares?? SUV drivers for one, probably not ?? ?
something is seriously wrong wasteful and wicked ? but again who sincerely cares?? SUV drivers for one, probably not ?? ?
Tuesday, 22 July 2008
Hopes of Close Co operation between Russia and the West are now dead?
Well as Max Hasting s writes in Monday Guardian - it is shameful that not more about this event is covered in the British and Western Media.
he compares certain things to the 1930's show trials - well done this has been obvious for the last 2 years
I like his refernec to Oil companies being compared to drug dealers and arms traders!!
Well Blair ( full of hot hit and little sincere flair) supported the Bp investment , and praised the Russians!! Whilst Bush and others have said nothing -
BP has a serious investment , and for it to be bullied into selling to Russian oliogarchs and players , who have thrived on deceit , killing and much bad behaviour - it is another sorry day for Capitalism under the new players ?? we have pending trouble looming !!
he compares certain things to the 1930's show trials - well done this has been obvious for the last 2 years
I like his refernec to Oil companies being compared to drug dealers and arms traders!!
Well Blair ( full of hot hit and little sincere flair) supported the Bp investment , and praised the Russians!! Whilst Bush and others have said nothing -
BP has a serious investment , and for it to be bullied into selling to Russian oliogarchs and players , who have thrived on deceit , killing and much bad behaviour - it is another sorry day for Capitalism under the new players ?? we have pending trouble looming !!
Elections should they be banned as they are a waste of funds?
Serioulsy ? what do we achieve with all this money spent on so called democratic elections whether it is in UK USA France or where ever we call the system democratic ?
Even Russia - it all appears a serious joke and real and at times surreal deception ?
Currently we have a farce - going on in the USA - with 100's of millions of US dollars being spent on what ? and what choice ? and whose real agenda
Even Russia - it all appears a serious joke and real and at times surreal deception ?
Currently we have a farce - going on in the USA - with 100's of millions of US dollars being spent on what ? and what choice ? and whose real agenda
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