Tag Archives: Hank Paulson

ALCOA, Inc. rhymes with WHOA, Stink!

I am amazed and bemused [politically correct for effin' incredulous and totally pissed off] that the faux prude iron fist of government is coming down on cussing. Not insider trading.  Not scam artistry.  Not collusion.  Not monopolistic practices. Not conspiracies in restraint of trade.  Not market manipulation.  Not creative accounting.  Not racketeering. Not lying through your teeth.  NONE of the stuff that “landed” us in this financial CLUSTERF*CK.  

No, Sir-ee.  They’ve got their knickers in a twist over SWEARING.  Diversion, anyone?

Self-important Officials of the increasingly intrusive and authoritarian government of the United States of America place not the slightest priority on getting us out of the QUAGMIRE in the Middle East, which daily features mayhem and carnage that is beyond description AND of our own execution.  No way, Jose.  These self-righteous, hypocritical, well-remunerated, indeed courtly members of Congress would bring the house down on that age-old bugaboo, off-color language.

Is it permissible to say OFF-COLOR, or is that now considered racist?  

They who would have the Hordes spend their precious few non-working hours filling out meaningless forms, those who would dampen even fleeting hours of freedom by enjoining counterproductive and punitive regulations upon the very fellow citizens who pay their handsome salary and benefit packages do not even crack down on identity theft, bane of ordinary Working People and Taxpayers.  

Identity theft is right down there with the lowest of the low, is it not?  But it is so very profitable.  Not only is identity theft profitable to identity hijackers, identity theft is a mother lode for mercenary minds who devise ever more elaborate security systems, devices, gizmos, gadgets and widgets.  And ever more expensive insurance policies.  So we can exercise personal responsibility by forking MORE money to guard against the regularity with which American Laws are twisted, sidled, bent and broken with impunity.

Law enforcement in America is capricious and mercenary at its best, brutal and mercenary at its worst.  Me, I will argue that the Powers That Be are setting Law Enforcement up as scapegoats to both feel and fuel understandable-some-might-say-overdue public ire.  Self-absorbed “leaders” who are snug in their ivory towers send Law Enforcement, as they do with our Military, into harm’s way to do the dirty work attendant to power mongering.  Just like pampered CEO’s of major corporations leave middling and quite beleaguered employees on the front line to get lambasted by an understandably irate consumer base.  

American quote-unquote Officials have hounded Vancouver, B.C. pot activist Marc Emery LIKE AN ANIMAL, for years, culminating at last in his imminent extradition to the oh-so-punitive-when-it-comes-to-marijuana United States.  What WUSSES the Canadians are to facilitate this charade of law enforcement and travesty of justice.  Accomplices, nothing less.  

Marc Emery’s unforgivable crime?  Selling marijuana seeds.  Say it ain’t so!  Not THAT!!

Marc Emery faces up to five years in prison.  Hank the Bank Paulson is living the Life of Riley.  He was “obliged” to sell his Goldman Sachs shares at peak market when he swept through America’s WHOOSH-iest revolving door, specifically when he did the time-honored two-step from Goldman Sachs CEO to U.S. Treasury Secretary.  That transaction is reported to have been worth a cool FIVE HUNDRED MILLION DOLLARS.  

http://www.vanityfair.com/politics/features/2009/03/wall-street-bonuses200903

E. Stanley O’Neal was the CEO who stewarded venerable Merrill Lynch into near-collapse, which was averted by Bank Of America bailing out Merrill Lynch . . . and the Government-read-that-Taxpayers bailing out Bank Of America.  E. Stanley O’Neal was the buck-stops-here Big Shot who stewarded the 50% vaporization of even low-risk portfolios, such as my own.  But the buck did NOT stop with E. Stanley O’Neal.

The E. stands for EARNEST, if you can believe it.  Earnest Stanley O’Neal did not “merely” scoot off scot-free. Earnest Stanley O’Neal STRUTTED into the sunset with a BONUS of over FIFTY MILLION DOLLARS.  The way I see it, this son-of-a-bitch owes me some money.

But E-NOT-Earnest Stanley O’Neal did NOT ride off into the sunset, to quietly enjoy his ill-gotten gains in the splendor of his swanky Manhattan residence.  Come to find out that E-NOT-Earnest Stanley O’Neal was appointed to the Board of Directors of ALCOA Inc.  I don’t get it.  Is the connection that E. Stanley O’Neal is a disgraced financier and Alcoa Aluminum slip-slided around monopoly and conspiracy charges back in the day?  A twisted honor among thieves?

I cannot rant often enough or loudly enough about the moral and practical imperative of punishments that SUIT the crimes that were committed in order to ROCK THE FINANCIAL WORLD AND THEREFORE THE WHOLE WORLD.

Y’know what I think?  I think that Klaus Kleinfeld Ph.D., rer.pol., Dipl.-Kfm., Chief Executive Officer, President and Director (a.k.a. Czar) of ALCOA FLAUNTS an absence of corporate citizenship as surely as E. Stanley O’Neal FLAUNTED fiduciary malfeasance.

I think that the “relationships” boasted on an ALCOA Board of Director profile constitutes hoity-toity, country-club Insider Trading.

http://investing.businessweek.com/businessweek/research/stocks/people/board.asp?ric=AA 

And I think that if Earnest can be less than candid, I can be more than frank.  I will suggest that E. Stanley O’Neal, out of rural Wedowee Georgia, is a latter-day Affirmative Action case and a present-day charlatan.  Like Obama.

No swearin’, huh?  I am not allowed to say THIS IS UNMITIGATED BULLSHIT?  WHAT THE FUCK ARE PEOPLE THINKING is out of the question?  Alrighty, then.  ’Nuf said.

Twas The Night Before Christmas

Twas the night before Christmas, when all through both Houses
Not a creature was stirring, not even the louses.
The bailouts were stacked by the coffers with care,
In hopes that St. Paulson soon would be there.

The citizens had nestled as best as they could
After paying their taxes and foraging for food.
And mamma in her ‘kerchief and I in my cap,
Had settled our bones for a brief winter nap.

When out in the street there arose such a clatter
I sprang from my bed to see what was the matter.
Away to the window I crawled in exhaustion
Tore open the shutters and flashed on my pension.

The moon on the breast of the new-fallen trash
Gave the luster of xray and the color of ash.
When, what to my inundated eyes should appear
But a gas-guzzling sleigh, and eight oily reindeer.

With a big crafty driver and a pink piggy bank
I knew in a moment it must be St. Hank.
More rapid than eagles his coursers they came,
And he whistled, and shouted and called them by name!

“Now Fannie! Now, Freddie! Now Citi and Lehman!
On Merrill! On Morgan! On AmEx and Goldman!
To the top of the porch! To the back of the vault!
Now dash away, dash away! Dash away, all!

As dry leaves that ‘fore the wild hurricane fly
When they meet with an obstacle mount to the sky,
So off to the Caymans the coursers they flew
With a sleigh full of loot, and Hank the Bank too.