Market Ticker First Quarter Wrap-up

I ran through this entry and found it valuable in light of the times. Basically Denninger is saying we need to lower our debt or perish, and that the current policies are not allowing this to happen. We could have helped ourselves last time the economy contracted back a few years ago but instead pumped it up with hot air setting the timer to the present calamity. Now the games being played hold more dire consequences as the balloon has expanded in a way that could pop into quite a nasty little mess. When we were children didn't anyone tell these people not to play with fire. I think it was Denninger who compared the Bureaucrats to arsonists watching their fire and rather than dousing the flames with water have brought in more oil to their infernal party of demise. Of course those are in my words but carry his message. As a matter of fact directly check his report out here:

http://market-ticker.denninger.net/archives/911-Three-Month-Wrap-Up-1Q-2009.html

Karl Denninger lays down his laws

In today's Market Ticker Karl Lays down his laws over Executive Pay.

http://market-ticker.denninger.net/archives/890-On-Executive-Pay.html

He says all executives from companies forced to take government funds need to follow the same guidelines as federal employees. He also talks aboout giving voting rights to shareholders on par with the political voting system.

Lifestyles of the Rich and Infamous at AIG

There are now tour buses going up to the houses of AIG Executives whose names have leaked out.

http://www.nytimes.com/2009/03/22/nyregion/22cnd-tour.html?hp

Strange Days Indeed. It turns out the bonuses paid are higher than previously announced and are really 218 Million

Pay Attention! The Truth is behind the AIG HYPE!!!

CNN American Morning yesterday had Ron Paul break down the bonus HYPE and the real story which is the 700 Billion misappropriated funds not the 165 Million.

CNNs Kiran Chetry mentions the 1 Trillion we dropped into the atmosphere from out of nothing. The bill gets rammed through the Govt. and then they read the fine details. What a joke. And then on top of it the same man Geithner talks about moving swiftly amid talks for his head over his Bill loophole with Chris Dodd.

It is the moneyfunneling that is bigger than the corporate greed context