Oprah Winfrey Should Interview Khalid Shaikh Mohammed

Yesterday at Guantanamo Bay, Khalid Shaikh Mohammed pleaded guilty for himself and the other 4 imprisoned al-Qaeda operatives. He said, "We don't want to waste our time with [legal] motions. All of you are paid by the U.S. government and I'm not trusting any American."

It was a rare example of someone taking responsibility for his actions. And the responsibility will amount to an execution. This statement is unlike our overpaid weenie executives from the auto industry or Sam Zell of the bankrupt Chicago Tribune or Bush, Rice and Cheney for the Iraq War crimes or Senator Stevens of Alaska or John Thain of Merrill Lynch or John Mack of Morgan Stanley or Richard Fuld of Lehman and all the other countless "victims" in our weenie society. And that includes all those black dudes who are on Death Row for murder but blame a "racially prejudiced legal system" for their troubles.

Why doesn't Oprah Winfrey do a remote broadcast from Gtmo with Khalid? She could expose her fat, dumb and bored viewing audience to a real person. Redemption is supposed to be her mantra. What could be more honest than Khalid wanting a honest resolution to an ugly affair?

The Next Financial Shoe To Drop

Here's a quick tutorial on the root cause of the 1930's Great Depression since it increasingly looks like we will replay that whole episode in slow-motion. Sure the market crashed but the reason for the depression was the failure of the banks. The banks failed because they speculated in the stock market. E.G. Morgan Bank owned Morgan Stanley brokerage .Those speculations went south and people ran on the banks to withdraw deposits. The rest is history.

After the Crash and bank failures, legislation was passed that included the Bank Act of 1935 a.k.a. Glass Steagall. It prohibited banks from ever owning brokers or insurance companies. In 1999 , Glass Steagall was struck down. Banks then did the obvious and bought insurance companies and stock brokers. Also brokers bought insurance companies and banks.

" What could possibly go wrong?". Well first there was the failure of Bear Stearns which was bought by JP Morgan Chase and today Lehman Brothers went Chapter 11 and Bank Of America bought Merrill Lynch. Morgan Stanley and Goldman Sachs are in the wings looking for deep pocket partners i.e. some bank with fat deposits of unsuspecting civilians.

So we have gone full circle with banks now back in the brokerage business in spades. The next time the brokers fail they will take their respective bank owners with them. What's a civilian to do among these financial terrorists? First avoid any bank with a brokerage or insurance subsidiary. Limit all deposits to FDIC limits. Keep some cash at home and a weapon for protection.

Our society has resorted to money as the cure all and to that end we have printed literally bales of it. But like a house of cards, paper can't take much weight.

How To Build Personal Worth And Avoid Disappointment

Looks like Lehman Brothers will follow Bear Stearns into a shotgun merger. The buzz on Wall Street sounds like Merrill Lynch is next and then AIG and then Goldman Sachs and then.....

The effective tactic that turns these once blue chip stocks of the financial sector into a powdered form is the classic "bear raid". It's nothing new. It was around before the Crash of '29. It was used by Joe Kennedy and the very successful but suicide Jesse Livermore. Simply a group of speculators target a stock and then relentlessly sell it thus creating a panic in the financial markets till it spills over into the real world. And then it either goes bankrupt or is forced into an arranged merger. And members of the bear raid group profit from the collapse of the stock price . The "effective tactic" was the bear raid. But the fundamental reason that enabled the bear raid tactic to work was the questionable value of the underlying business of the targeted stock in the first place. It begs the question, "If these companies are so valuable, then how come they can be sold down so far?".

I.E. could a bear raid be successful if Wall Street operators tried to sell a $50.00 bag of groceries for $10.00? Or how successful could a manipulator be selling a gallon of gasoline for $1.50? Not successful because groceries and gasoline have intrinsic and recognizable value with a large market. Shares of Bear Stearns, Lehman, Merrill or whoever really when, push comes to shove, don't have intrinsic value. They operate on the "greater fool" theory. That's why the machinations of Wall Street bear raids acn be pulled off. Everyone kind of knows or suspects that Wall Street can't last .

If one is interested in building self worth and avoiding future disruptions then one should join with other like-minded, value-added individuals for a barter system . Then the group can freeze out grifters, politicians, Wall Street operators and all the other usual suspects.

U.S.- Style Democracy & Banks Need Foreign Money And Help To Survive

Why are some pundits so upset about Citigroup, Merrill Lynch and other major financial instutions giving up significant ownership stakes in exchange for desperately needed cash infusions from China, Saudi Arabia, Singapore and other foreign countries?

Would the pundits rather these countries refuse to help? The pundits say it's a matter of principle. Gee then wht's the principle that allows app. 12 million illegals to live in the U.S. in a relatively pampered state of care including allowing some to vote? America prints money like Disney's Sorcerer's Apprentice to underwrite it's false " all are equal" philosophy. So multinationals need China's cheap labor to prosper and pay taxes so our government can support a welfare system for the " equals"who are chronically unemployed or under employed.

If we as a country want to get serious about who owns America and who has rights in America then we will have to get serious about rights being tied to performance. NO FREE LUNCH AND THAT INCLUDES CORPORATE WELFARE .

Political & Financial Influence From Sovereign Wealth Funds

Merrill Lynch is in the news today. It will receive an equity-cash infusion of $6.2 billion from Sinapore's Temasek Holdings. Temasek is a sovereign wealth fund. That is defined as a fund which is managed by a foreign country. Merrill's transaction follows other recent investments from China, Dubai, Saudi Arabia and Abu Dhabi into equity investments of other ailing, cash-strapped institutions.

Gee, where's Israel when you need her? I guess Israel's game is to only take cash and give the finger in return. But with real money coming from other countries to prop up our financial errors it will naturally follow that Israel's power in our government will be challenged by these same foreign countries on other issues including the middle east. It's about time.