Occupy The White House in [Market-Ticker]

Posted 2011-10-20 19:26
by Karl Denninger
in Occupy

Occupy The White House

That's where 'ya ought to be:

DOE SAYS SUSAN RICHARDSON CAN'T BE INTERVIEWED UNDER OATH
RICHARDSON IS AUTHOR OF SOLYNDRA RESTRUCTURING LEGAL MEMO

Uh huh.

An obvious solution to this problem:

Oh, you don't want her to show up and testify under oath? Cool. Guess what: Appropriations originate in The House. The House is Republican controlled. DOE's budget just got zeroed. Have a nice day.

Now we'll see if the Occupy people are worked up no matter who's stealing the money, in this case to the tune of about a half-a-billion smackers.

Let's see, at $50,000 a year (median family income) that would be ten thousand jobs for all you protesters....

Discussion below (registration required to post)

Main Navigation

Full-Text Search & Archives

Archive Access

Blogtalk 3:30 CT Mondays

Items To Look At

Discuss The Capital Markets along with daily technical analysis with our Gold Donor program.

Where We Are, Where We're Heading (2013) - The annual 2013 Ticker

Links and Blogroll

Our policy on reciprocal links: Send us an email with your information and why you think your blog or news site would make a good addition - in most cases reciprocal link requests will be granted.

Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

Looking for "The Best of Market Ticker"? Check out Ticker Classics.

Visit the forum to discuss this and other investing-related topics; see the FAQ on the forum for information about Gold Donor status including access to our technical analysis video server.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

Market Ticker content may be reproduced or excerpted online provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media.

Submissions may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Leads on stories of current economic and political interest are always welcome. Our fax tip line is 850-897-9364; please include contact information with your transmission.

User Info	Occupy The White House in forum [Market-Ticker]
Tesla Posts: 15541 Incept: 2008-04-03 State of Disbelief	Nice. We'll be needing more boiled rope... ---------- "Even a dog knows the difference between being stumbled over and being kicked." -Justice Oliver Wendell Holmes "Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." -Samuel Adams 2011-10-20 19:36:54 Permalink
Steph4liberty Posts: 1684 Incept: 2010-10-22 Raleigh, NC	yup ---------- "Man will never be free until the last Banker is strangled with the entrails of the last Politician" - unknown "This isn't a market anymore, it's a computer game." - Drench 2011-10-20 19:55:38 From PDA Permalink
Crzymorse Posts: 1191 Incept: 2010-06-25 Maryland	Guess we are going to have to redefine "green energy". Back of the envelope math should be enough to discredit much of the alternative energy plays. "green energy, why let thermodynamics get it in the way of good science." I'm going to bestow two awards today. A No-Bell Physics Price to Stephen Chu for failing Physics 101 over and over again since becoming Energy Secretary as well as wasting billions of dollars on **** that will never work. A No-Bell Peace Prize to Barack Obama for being the war monger every liberal thought he couldn't be. 2011-10-20 20:17:25 Permalink
Darth Posts: 2182 Incept: 2009-07-07 SWVA - US	I TOTALLY agree with KD. The Department of Energy gets a 'circle' in the next budget if the bitch doesn't testify. (she probably belongs in prison) It's among other entire federal agencies and departments that need to be zeroed, because they serve no real purpose and we can't afford them anyway. If I were elected President, my first day on the job, I would blanket terminate every employee of many of those agencies, and leave their lead offices vacated. We would be left with the Department of Defense, State, and Justice(edit:OOPS, forgot Treasury - I guess we need them for whatever reason). The rest would be GONE. Last modified: 2011-10-20 20:30:13 by darth 2011-10-20 20:17:44 Permalink
Comrader Posts: 78 Incept: 2010-06-10 pa	the problem is karl, the republicans are the stupid party and would never zero the doe or any other dept that the evil party wants 2011-10-20 20:25:35 Permalink
Crzymorse Posts: 1191 Incept: 2010-06-25 Maryland	Comrader, Glad to see you are getting beyond the rhetoric. BTW, they are not stupid they are complicit. 2011-10-20 20:28:49 Permalink
Level9 Posts: 2797 Incept: 2007-10-28 Circling the Drain	When you have a government running guns for drug cartels and placing terrorists on planes I have a hard time getting overly worked up about this. If Congress wants to defund something, how about the Executive Branch? 2011-10-20 20:31:05 Permalink
Comrader Posts: 78 Incept: 2010-06-10 pa	crzymorse, absolutely 2011-10-20 20:35:01 Permalink
Xqqme Posts: 626 Incept: 2009-01-09 Ohio	first bumper sticker 'It's working. You're welcome. Obama 2012' The dumb masses don't care! 2011-10-20 20:45:55 Permalink
Jstanley01 Posts: 8182 Incept: 2008-07-30 San Antonio, Texas	No crony capitalism here, uh uh... Quote: Treasury Officials: Never Saw A Loan Like Solyndra by The Associated Press October 14, 2011, 05:27 pm ET WASHINGTON (AP) Two senior Treasury officials said Friday that they had never seen a loan restructuring similar to an Energy Department loan to a failed solar panel maker. The half-billion dollar loan to Solyndra Inc. was restructured earlier this year so that private investors moved ahead of taxpayers for repayment on part of the loan in case of a default. Treasury officials Gary Grippo and Gary Burner told a House committee they had never seen that occur in a federal loan. Grippo is a deputy assistant treasury secretary and Burner is chief financial officer at the Federal Financing Bank, which made a $528 million loan to Solyndra in 2009. The two Treasury officials stopped short of declaring the loan restructuring illegal, as some Republicans allege... http://www.npr.org/templates/story/story.... Okay, so whatcha gonna do about it, Republi-turds? My bet, a backroom deal and it all goes away. ---------- You can't cheat an honest man. ~P.T. Barnum Last modified: 2011-10-20 20:49:18 by jstanley01 2011-10-20 20:46:39 Permalink
Yazooflesh Posts: 5003 Incept: 2007-08-02	"When you have a government running guns for drug cartels and placing terrorists on planes I have a hard time getting overly worked up about this. If Congress wants to defund something, how about the Executive Branch?" This is exactly how YOUR government has subverted your inalienable rights, right under your nose. Susan Richardson is not beyond subpoena. She's a flunkie, not a CIA operative... 2011-10-20 20:54:17 Permalink
Flappingeagle Posts: 1227 Incept: 2011-04-14	For some reason I thought congress had the power to hold hearings. Power, as in, we can have a hearing if we damn well feel like it. How can the DOE tell congress someone won't speak to them? The only balls our government has are for pumping the people full of jism. God forbid they would investigate much less prosecute fraud within their ranks. ---------- Here are my predictions for everyone to see: S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu. "You can't build a house of cards on a shaking table." - Tony Johns The January 2015 AMZN put at $130 (cost $4.25) will be a winner. 2011-10-20 20:54:44 Permalink
Pj Posts: 1212 Incept: 2009-12-07 Putnam County, New York	It will be a cold day in hell when OWS- NYC complains about this whole Solyndra affair. Cold. Day. In. Hell! ---------- When the Athenians finally wanted not to give to society but for society to give to them, when the freedom they wished for most was freedom from responsibility, then Athens ceased to be free and was never free again. Edward Gibbon 2011-10-20 21:15:38 Permalink
Ghopper Posts: 2317 Incept: 2011-06-11 Staten Island, NY	The DOE is like 35-40 years old. In all that time the US has not had an energy policy. We could have done that without spending billions on a DOE. 2011-10-20 21:24:10 Permalink
Crzymorse Posts: 1191 Incept: 2010-06-25 Maryland	That's because the majority of the OWS has had global warming cramped up their ass since grade school. They can thank us for allowing the education system to be bastardized along with the financial sector. The greatest generation was followed by the greatest ***ups. Remember, if you don't vote democrat or republician you wasted your vote. 2011-10-20 21:30:12 Permalink*
127001 Posts: 3516 Incept: 2008-05-21	pj wrote.. It will be a cold day in hell when OWS- NYC complains about this whole Solyndra affair. Cold. Day. In. Hell! November is just around the corner... November in NYC can be considered a cold day in hell as far as I'm concerned. 2011-10-20 21:35:49 Permalink
Bertdilbert Posts: 2661 Incept: 2008-12-22 CA	It is exactly **** like this is why we need that 4th branch of government to keep government in line. ---------- Dear Euroland: Relax, Germany has a plan for your money! Political Capital Defined: We are out of money but will tax our citizens for whatever it takes to "SAVE" the Euro. 2011-10-20 21:39:58 Permalink
Yazooflesh Posts: 5003 Incept: 2007-08-02	Wait a minute...Susan Richardson is declaring Client-Attorney privilege to protect whom...? How much did Susan Richardson glean from us taxpayers? In the end, a lot. 2011-10-20 21:46:21 Permalink
Comrader Posts: 78 Incept: 2010-06-10 pa	hey, the world series is on 2011-10-20 21:53:25 Permalink
Loudoungroup Posts: 3739 Incept: 2008-02-01 San Antonio, TX	Don't expect a reaction, bought and paid for. But I can tell you one thing, Greece is coming here to America. I have conducted interviews and its coming, get ready. ---------- http://caps.fool.com/player/loudoungroup.... - Amazing once in the top 30, now shooting for -7000 via the Ben Bernank POMO operation. 2011-10-20 22:10:53 Permalink
If Posts: 1193 Incept: 2008-01-06	Guess I'll be on the phone again tomorrow. I know it is a freaking waste of time. The bold in your face corruption is just beyond belief. ---------- I finally took the red pill. I have a lot of catching up to do. Please excuse my ignorance. 2011-10-20 22:11:36 Permalink
Irishsamurai Posts: 1150 Incept: 2008-11-03 GA	Quote: I have conducted interviews and its coming, get ready. Can you elaborate here? Thanks. ---------- Why is it the ship beats the waves when the waves are so many and the ship is one? The reason is that the ship has a purpose. - Churchill 2011-10-20 22:16:21 Permalink
Loudoungroup Posts: 3739 Incept: 2008-02-01 San Antonio, TX	If - That time ended back in 2008, last 30 and next 10 years will historically be categorized as the greatest theft in all global history x10, 100, 1000... not yet known..... ---------- http://caps.fool.com/player/loudoungroup.... - Amazing once in the top 30, now shooting for -7000 via the Ben Bernank POMO operation. 2011-10-20 22:19:48 Permalink
Yazooflesh Posts: 5003 Incept: 2007-08-02	I aint' fergettin'... 2011-10-20 22:41:18 Permalink

Quote:

pj wrote..

Quote: