Occupy The White House
The Market Ticker ® - Commentary on The Capital Markets
Posted 2011-10-20 19:26
by Karl Denninger
in Occupy
Ignore this thread
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....

 

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Tesla
Posts: 15543
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Green A True American Patriot!
State of Disbelief
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Nice. We'll be needing more boiled rope...

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"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
Steph4liberty
Posts: 1685
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Gold
Raleigh, NC
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smiley yup

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"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
Crzymorse
Posts: 1195
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Maryland
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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.








Darth
Posts: 2182
Incept: 2009-07-07

SWVA - US
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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.

Comrader
Posts: 80
Incept: 2010-06-10

pa
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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
Crzymorse
Posts: 1195
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Maryland
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Comrader,

Glad to see you are getting beyond the rhetoric. BTW, they are not stupid they are complicit.

Level9
Posts: 2797
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Green
Circling the Drain
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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?
Comrader
Posts: 80
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pa
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crzymorse, absolutely
Xqqme
Posts: 627
Incept: 2009-01-09
Green
Ohio
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first bumper sticker

'It's working. You're welcome.
Obama 2012'
The dumb masses don't care!
Jstanley01
Posts: 8182
Incept: 2008-07-30
Silver A True American Patriot!
San Antonio, Texas
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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.

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You can't cheat an honest man. ~P.T. Barnum

Yazooflesh
Posts: 5017
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"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...smiley






Flappingeagle
Posts: 1229
Incept: 2011-04-14

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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.

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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.
Pj
Posts: 1215
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Putnam County, New York
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It will be a cold day in hell when OWS- NYC complains about this whole Solyndra affair.

Cold. Day. In. Hell!

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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
Ghopper
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Staten Island, NY
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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.
Crzymorse
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Maryland
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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.
127001
Posts: 3516
Incept: 2008-05-21
Green
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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.
Bertdilbert
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Gold
CA
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It is exactly **** like this is why we need that 4th branch of government to keep government in line.

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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.
Yazooflesh
Posts: 5017
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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.

Comrader
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pa
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hey, the world series is on
Loudoungroup
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Green
San Antonio, TX
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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.

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http://caps.fool.com/player/loudoungroup.... - Amazing once in the top 30, now shooting for -7000 via the Ben Bernank POMO operation.
If
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Green
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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.

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I finally took the red pill. I have a lot of catching up to do. Please excuse my ignorance.
Irishsamurai
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GA
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Quote:


I have conducted interviews and its coming, get ready.



Can you elaborate here? Thanks.

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“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
Loudoungroup
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San Antonio, TX
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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.....

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http://caps.fool.com/player/loudoungroup.... - Amazing once in the top 30, now shooting for -7000 via the Ben Bernank POMO operation.
Yazooflesh
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Green
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I aint' fergettin'...
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