mercredi 1 octobre 2008

Krach boursier mondial: comment profiter de la manne publique qui vient éponger les dettes privées

Le plan Bush de sauvetage du système financier US pourri jusqu'à la moëlle est TRÈS bien reçu par les coupables de la faillite générale. Ils ont d'ores et déjà aiguisé leurs dents pour dévorer cette manne publique. Et c'est d'autant plus facile pour eux qu'ils sont les initiateurs du plan!!!
Comme le disait Coluche, "la crise est toujours pareille, les pauvres deviennent encore plus pauvres, et les riches n'en finissent pas de s'enrichir." Seulement, ça ne peut pas tenir éternellement. Les empires qui se sont effondrés le rappellent. Et tout l'empire financier mondial, apatride par essence, a poussé son système si loin que les milliards de crève-la-faim pourraient bien finir par se serrer les coudes. Et la violence n'amènera pas la paix, mais cette fois, les lobbies n'en tireront pas grands bénéfices, car tout sera rasé, y compris leurs entreprises de reconstruction..

Un seul détail cloche dans les avis ci-dessous, c'est que le célèbre Michael Moore et les journalistes du New York Times, soutiens bien connus du parti démocrate, passent sous silence le fait que c'était déjà la folie boursicotière quand leurs favoris étaient à la Maison Blanche. Et que parmi les vautours de Wall Street, un nombre non négligeable est engagé financièrement derrière le parti démocrate & Barack Obama... En réalité, aux USA comme chez nous en Europe, tout le système financier a phagocyté l'argent que les gens ont produit par leur travail, et les politiciens que ce système financier a placé à la tête de nos pseudo-démocraties n'ont de cesse que de faire se perpétuer ce système inique. Les couleurs politiques affichées par ces "élus" ne sont que de la poudre aux yeux, leur seule patrie c'est le dieu dollar.

Ne comptez pas trop sur les médias subventionnés pour en parler librement – "on ne mord pas la main qui vous nourrit"

The Rich Are Staging A Coup This Morning...

A Message From Michael Moore - 29/9/2008


Let me cut to the chase. The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken. Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies -- who must soon vacate the White House -- are looting the U.S. Treasury of every dollar they can grab. They are swiping as much of the silverware as they can on their way out the door.

No matter what they say, no matter how many scare words they use, they are up to their old tricks of creating fear and confusion in order to make and keep themselves and the upper one percent filthy rich. Just read the first four paragraphs of the lead story ( in last Monday's New York Times and you can see what the real deal is:

"Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.

"Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.

"At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.

"Nobody wants to be left out of Treasury's proposal to buy up bad assets of financial institutions."

Unbelievable. Wall Street and its backers created this mess and now they are going to clean up like bandits. Even Rudy Giuliani is lobbying for his firm to be hired (and paid) ( "consult" in the bailout.

The problem is, nobody truly knows what this "collapse" is all about. Even Treasury Secretary Paulson admitted he doesn't know the exact amount that is needed (he just picked the $700 billion number out of his head!). The head of the congressional budget office said he can't figure it out nor can he explain it to anyone.

And yet, they are screeching about how the end is near! Panic! Recession! The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout bill today!! The sky is falling! The sky is falling!

Falling for whom? NOTHING in this "bailout" package will lower the price of the gas you have to put in your car to get to work. NOTHING in this bill will protect you from losing your home. NOTHING in this bill will give you health insurance.

Health insurance? Mike, why are you bringing this up? What's this got to do with the Wall Street collapse?

It has everything to do with it. This so-called "collapse" was triggered by the massive defaulting and foreclosures going on with people's home mortgages. Do you know why so many Americans are losing their homes? To hear the Republicans describe it, it's because too many working class idiots were given mortgages that they really couldn't afford. Here's the truth: The number one cause of people declaring bankruptcy is because of medical bills.

Let me state this simply: If we had had universal health coverage, this mortgage "crisis" may never have happened.

This bailout's mission is to protect the obscene amount of wealth that has been accumulated in the last eight years. It's to protect the top shareholders who own and control corporate America. It's to make sure their yachts and mansions and "way of life" go uninterrupted while the rest of America suffers and struggles to pay the bills. Let the rich suffer for once. Let them pay for the bailout. We are spending 400 million dollars a day on the war in Iraq. Let them end the war immediately and save us all another half-trillion dollars!

I have to stop writing this and you have to stop reading it. They are staging a financial coup this morning in our country. They are hoping Congress will act fast before they stop to think, before we have a chance to stop them ourselves. So stop reading this and do something -- NOW! Here's what you can do immediately:

1. Call or e-mail Senator Obama ( . Tell him he does not need to be sitting there trying to help prop up Bush and Cheney and the mess they've made. Tell him we know he has the smarts to slow this thing down and figure out what's the best route to take. Tell him the rich have to pay for whatever help is offered. Use the leverage we have now to insist on a moratorium on home foreclosures, to insist on a move to universal health coverage, and tell him that we the people need to be in charge of the economic decisions that affect our lives, not the barons of Wall Street.

2. Take to the streets. Participate ( in one of the hundreds of quickly-called demonstrations that are taking place all over the country (especially those near Wall Street and DC).

(WTR rally 1970)

3. Call your Representative in Congress and your Senators. (Go here to find their phone numbers: ). Tell them what you told Senator Obama.

When you screw up in life, there is hell to pay. Each and every one of you reading this knows that basic lesson and has paid the consequences of your actions at some point. In this great democracy, we cannot let there be one set of rules for the vast majority of hard-working citizens, and another set of rules for the elite, who, when they screw up, are handed one more gift on a silver platter. No more! Not again!

Michael Moore

P.S. Having read further the details of this bailout bill, you need to know you are being lied to. They talk about how they will prevent golden parachutes. It says NOTHING about what these executives and fat cats will make in SALARY. According to Rep. Brad Sherman of California, these top managers will continue to receive million-dollar-a-month paychecks under this new bill. There is no direct ownership given to the American people for the money being handed over. Foreign banks and investors will be allowed to receive billion-dollar handouts. A large chunk of this $700 billion is going to be given directly to Chinese and Middle Eastern banks. There is NO guarantee of ever seeing that money again.

P.P.S. From talking to people I know in DC, they say the reason so many Dems are behind this is because Wall Street this weekend put a gun to their heads and said either turn over the $700 billion or the first thing we'll start blowing up are the pension funds and 401(k)s of your middle class constituents. The Dems are scared they may make good on their threat. But this is not the time to back down or act like the typical Democrat we have witnessed for the last eight years. The Dems handed a stolen election over to Bush. The Dems gave Bush the votes he needed to invade a sovereign country. Once they took over Congress in 2007, they refused to pull the plug on the war. And now they have been cowered into being accomplices in the crime of the century.
You have to call them now ( and say "NO!" If we let them do this, just imagine how hard it will be to get anything good done when President Obama is in the White House. THESE DEMOCRATS ARE ONLY AS STRONG AS THE BACKBONE WE GIVE THEM. CALL CONGRESS NOW.

Big Financiers Start Lobbying for Wider Aid
Published: September 21, 2008

source NYT

This article was reported by Jenny Anderson, Vikas Bajaj and Leslie Wayne, and written by Mr. Bajaj.
Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.

Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.

At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.

Nobody wants to be left out of Treasury’s proposal to buy up bad assets of financial institutions.

“The definition of Financial Institution should be as broad as possible,” the Financial Services Roundtable, which represents big financial services companies, wrote in an e-mail message to members on Sunday.

The group said a wide variety of institutions as varied as mortgage lenders and insurance companies should be able to take advantage of the bailout, and that these companies should be able to sell off any investments linked to mortgages.

The scope of the bailout grew over the weekend. As recently as Saturday morning, the Bush administration’s proposal called for Treasury to buy residential or commercial mortgages and related securities. By that evening, the proposal was broadened to give Treasury discretion to buy “any other financial instrument.”

The lobbying became particularly intense because Congress plans to approve a package within just two weeks, without the traditional hearings and committee process.

“Of course there will be fierce lobbying,” said Bert Ely, a financial services industry consultant in Alexandria, Va. “The real question is, Who wouldn’t want to be included in the package?”

Mr. Ely said the open-ended nature of the Treasury’s plan could be interpreted to mean that the government was open to acquiring “any asset, anywhere in the world.”

“The question that I am raising — is there any limit?” Mr. Ely said.

Each part of the financial industry is pursuing its own interests.

Small banks, for example, are pushing the government to buy loans they made to home builders and commercial developers. Wall Street banks are lobbying to temporarily suspend certain accounting rules to avoid taking big losses on the assets they sell to Treasury, which would weaken them further.

Over the weekend, the Securities Industry and Financial Markets Association, Wall Street’s main trade and lobbying group, held conference calls to discuss “your firms’ views and priorities related to Treasury’s proposal,” according to an e-mail message sent to members.

One of the calls addressed the fact that municipal securities were not included in the proposals released at the end of last week. Some bankers are pushing for government support of those securities as part of a broader effort to restore investor confidence in money market funds.

The group also discussed which securities would be eligible to be sold to Treasury. Under the latest proposal, the government would buy securities issued on or before Sept. 17.

But some bankers debated whether the cutoff date should be December 2007, when the market was clearly seizing up, to avoid bailing out those who bought securities recently. Other firms hope to be hired to manage the assets that Treasury acquires, a job that could earn them $1 billion a year, even if they charged fees that were modest by industry standards. Among them are the asset management companies Pimco and BlackRock. Morgan Stanley, the investment bank, is also vying for the work.

Some private equity firms, including the Blackstone Group, may be interested in pursuing an asset-management assignment from the government, people briefed on the matter said. Such firms have already expressed interest in buying up distressed debts after having bet against them early last year.

That raises complications because those firms hold assets similar to the ones the Treasury plans to buy. Democrats suggested on Sunday that a provision be added to avoid any conflicts of interest, with a firm making money from handling assets like its own.

William H. Gross, chief investment officer of Pimco, which manages about $830 billion in assets, would like to be an asset manager for the government but said he had not been in touch with Henry M. Paulson Jr., the Treasury secretary, over the weekend. Mr. Gross is among the financial executives Mr. Paulson, who previously headed Goldman Sachs, has regularly consulted with since the financial crisis began.

Another contender is Morgan Stanley, which advised Treasury on an unpaid public service basis on its takeover of Fannie Mae and Freddie Mac and on the American International Group, the insurer that the Federal Reserve agreed to lend $85 billion to last week in consultation with the Treasury Department.

Similarly, Bank of New York Mellon and JPMorgan Chase, which bought Bear Stearns in a deal brokered by the Federal Reserve and the Treasury Department, were also campaigning for a spot.

BlackRock, a big New York asset management firm, was also involved in negotiations with the government, people briefed on the matter said. The firm is already managing $30 billion of Bear Stearns mortgage assets for the Fed, and it has done work for Fannie Mae, Freddie Mac and A.I.G. A BlackRock spokeswoman declined to comment.

There were signs of the industry’s fingerprints on drafts of the legislation released over the weekend. While an earlier draft said that only firms with headquarters in the United States could sell assets to the government under the program, a later version said sellers could include any financial institution. Securities firms were initially excluded but were included in a version released Sunday afternoon.

Congressional Democrats and advocates of low-income homeowners were also pushing for the direct acquisition of loans, because that would give the government more say over how collection agents modify the terms of onerous mortgages.

“In addition to buying the assets we have to have a workout plan,” said Douglas Dachille, chief executive of First Principles Capital Management, an investment firm in New York. “And we have to have more control, much more control and oversight of how the servicing is done.”

Perhaps the biggest question about the Treasury’s acquisition plan is how the government will decide how much it is willing to pay for the loans and securities it acquires. Will the government drive a hard bargain and acquire assets for the lowest possible price to protect taxpayers against losses? Or will the Treasury Department, in the interest of jumpstarting the credit market, try to bolster large financial institutions like Citigroup and Washington Mutual by paying a slight premium to the markets’ valuation of these troubled assets? Over the weekend, Treasury said it might use “reverse” auctions in which financial institutions rather than the Treasury — as buyer — would submit bids.

“The trick for the Treasury and American people is to make sure that the price exacts enough of a toll on the originators and holders of these securities, but not enough to destroy lending,” said Mr. Gross of Pimco, who has argued in recent weeks that the government must buy distressed debt to deal with a “financial tsunami.”

Analysts and investors say they expect financial firms to hold onto their troubled securities until the government begins acquiring assets through reverse auctions and negotiations. Eventually, the Treasury will return to the market to sell the assets back to private investors, but that could be a few years away.

“There will be that period where the Treasury takes the place of the private market,” Mr. Gross said. “Hopefully they will get out of that market but we will have to see how quickly that takes place.”

Reporting was contributed by Eric Dash, David M. Herszenhorn, Michael J. de la Merced and Andrew Ross Sorkin.

tout pour faire tourner à plein régime les tiroirs-caisses du lobby militaro-économique.. y compris aux dépens de la population américaine, première victime, et de l'Europe, qui n'est vraiment considérée comme alliée que si elle achète tout et suit fidèlement les diktats de ce lobby...

oui, même sa propre population n'a d'autre valeur que celle de lui permettre d'atteindre son but ultime, le pouvoir et le dollar. Sa propre population n'est que chair à canon et à expérimentation!

(Photo: From 1932 until 1972, the Tuskegee Study Group deliberately infected poor black communities in Alabama with syphilis without their consent and withheld treatment as the diseased rampaged through the town killing families.)

Les lobbies religieux – pentecôtistes, évangélistes, etc – qui sont derrière Bush soutiennent en général ces guerres monstrueuses qui ensanglantent la planète "au nom de la démocratie"

Démocratie version US : Jose Padilla, citoyen américain et opposant politique, est arrêté comme un criminel

C'est beaucoup plus fréquent que vous ne pourriez le croire, et Dame Liberté en a la nausée..

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