Home > Cande = Conjecture & Exaggeration, Fande = Fact & Evidence, Original Thought, The Economy > FAH-Q Fox “News”…FAH-Q Conservatives…and FAH-Q Republicans

FAH-Q Fox “News”…FAH-Q Conservatives…and FAH-Q Republicans

FAH-Q = For All to Hear & Question. ; )

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Watch Fox “News” contort the truth again and again and again. Thanks to Jon Stewart for bringing the Fande, and doing it with good humor. : )

http://www.thedailyshow.com/full-episodes/thu-august-18-2011-anne-hathaway

It is time to ask the question, what value do bankers, stock traders, hedgefund managers and corporations bring to the majority of people in the United States of America? Do bankers, stock traders, hedgefund managers and corporations enrich themselves at the expense of the majority of Americans? Has the U.S. Stock Market become just another casino where the more you play the more likely you are to lose money over time? Is the Wall Street casino rigged by the insiders to exploit the average investor? I don’t know. I’m just asking the questions.

source: http://www.google.com/hostednews/ap/article/ALeqM5goknLQXbkjt6Ur5rR4Vg7AosBorQ?docId=a7f9babc87a141a6b2bccc01940a5fd1

EXCERPT:

“California’s main public-employee pension fund, the nation’s largest, has lost at least $18 billion off its stock portfolio since July 1, about 7.5 percent of its $237.5 billion total asset value on June 30.”

After the Wall Street banks helped cause the Great Recession–due in large part to the Subprime-Mortgage Meltdown (and related derivatives heyday from 2004-2007)–those same Wall Street banks got a $700 billion-plus bailout with taxpayers’ money. Then those same Wall Street banks could borrow Trillions of dollars from the Federal Reserve window at roughly zero percent interest. On top of that, Goldman Sachs got a $15 billion lifeline from the Fed.

source: https://fandecande.wordpress.com/?s=welfare+for+the+superwealthy

Add up all those billions and Trillions of dollars; it amounts to Corporate Welfare and Welfare for the Superwealthy. Yes, even American corporations borrowed Trillions of dollars from the Federal Reserve.

source: http://www.nytimes.com/2010/12/02/business/economy/02fed.html

EXCERPT:

“At home, from March 2008 to May 2009, the Fed extended a cumulative total of nearly $9 trillion in short-term loans to 18 financial institutions under a credit program….

Even bedrock corporations like Caterpillar, Harley-Davidson, General Electric, McDonald’s, Toyota and Verizon relied on a Fed program that supported the market for commercial paper….

So did the California Public Employees Retirement System, the nation’s largest public pension fund, and several insurers and university endowments.”

American corporations are sitting on a record $2 Trillion cash-on-hand, but they are refusing to hire more workers.

* Click the Dilbert link (7-7-11) for an example of corporations squeezing the labor force for more work without more pay, while simultaneously not hiring during the Great Recession.

http://dilbert.com/strips/comic/2011-07-07/

So FAH-Q to all the Conservatives and Republicans who point the finger at the poor while the Superwealthy have been robbing this country blind. You never should have got those tax cuts in 2001 and 2003 from George W. Bush. We are all paying the price for the lost revenue, or the free ride that the Superwealthy have been enjoying by skimming profits off the backs of hardworking Americans over the last decade. The Superwealthy have not been paying their fair share. The average American’s wages were stagnant from 1999-2008, but during that same time top-income earners saw their wealth rise dramatically.

Remember: Conservatives and Republicans will lie, cheat and steal. Fox “News” is not news: it’s propaganda and lies.

Read more: https://fandecande.wordpress.com/2011/08/15/yeah-what-warren-buffett-said/

Just to be clear…

FAH-Q Neil Cavuto

FAH-Q Eric Bolling

FAH-Q Ann Coulter

FAH-Q Judge Napolitano

FAH-Q Sarah Palin

FAH-Q Michele Bachmann

FAH-Q Cato Institute

FAH-Q Heritage Foundation

FAH-Q if you call yourself a “Conservative” and FAH-Q if you call yourself a “Republican.”

* The Republican-majority Congress of the 2000s and the Republican White House controlled by George W. Bush and Dick Cheney from January 2001 to January 2009…they caused the economic collapse we are cleaning up now. They ramrodded tax cuts for the Superwealthy into our country’s coffers, spilling out Trillions of dollars in lost revenue. They increased government spending more than any other administration before or since. They passed a Medicare drug benefit without paying for it. They wasted more than $1 Trillion and precious lives because of their false war in Iraq. It’s the Conservatives’ and Republicans’ false ideology of little-to-no regulation that led to the collapse of Lehman Brothers, Bear Stearns, WaMu, AIG, Ameriquest, and on an on. Republicans are the problem. So stop voting for Republicans.

Vote for Democrats because Democrats work to benefit the majority of Americans.

Let’s readjust the tax levels to the Clinton years and get on with the restoration of our country’s economy. Let’s lead the world in innovation and creative entrepreneurship by getting American workers working again and enjoying the rewards of their labor, instead of getting stiffed by the Super-Rich.

Read more:

http://www.theatlantic.com/magazine/archive/2011/09/can-the-middle-class-be-saved/8600/

http://motherjones.com/politics/2011/06/speed-up-american-workers-long-hours?page=1

http://candorville.com/2011/08/07/are-you-a-norquistian/

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