SQUEAL LIKE A PIG. IT’S BAILOUT TIME AGAIN!!
on November 12, 2011 at 11:36 amGreetings from the Klamath River Country!
Well, it was a busy week here in rural America.
The chickens got fed. Firewood got cut, did some more marketing for my small business, and basically spent time getting ready for winter.
I’m pretty far removed from the big city hustle-bustle, but with the web and news programs, I manage to keep track of world and national events without a whole lot of distractions.
For your enjoyment, I’ll write more about rural life and politics tomorrow.
So, what was buried under that Victoria’s Secret $2.5 million dollar bra in the news this past week?
From The Christian Science Monitor
Fannie Mae asks taxpayers for another bailout
Fannie Mae wants $7.8 billion from the federal government to cover loses.
Fannie Mae has already received bailout money to the tune of $112.6 billion.
Mortgage giant Fannie Mae is asking the federal government for $7.8 billion in aid to cover its losses in the July-September quarter.
Michael Williams, Fannie’s president and CEO, said Fannie’s losses are increasing for two reasons:
Some homeowners are paying less interest after refinancing at historically low mortgage rates; others are defaulting on their mortgages.
Calico Blackie says:
The taxpayer fanny may not be willing to take another bailout!
News From Reuters:
Brokerage terminates all 1,066 workers
MF Global fired all 1,066 of its brokerage employees on Friday, triggering anger and resentment about the firm’s collapse after bad bets on European debt under former CEO Jon Corzine’s leadership.
How the abrupt, final blow was delivered upset many staff — with some learning by e-mail and others through news on the television.
“Fifteen years and no severance!” shouted one angry MF Global employee as he left the firm’s offices on Fifth Avenue in Manhattan after hugging the receptionist and doorman.
Calico Blackie Says:
Now are these people going to request unemployment benefits?
Welcome to the real world.
Let’s hope the Fox “news” talking heads don’t call you lazy, entitled, ignorant, and a drain on society.
Oh yeah, you already were.
Hopefully they won’t be foreclosed upon, because they should have known that they could not afford that mortgage. These people are going to see what it is like to live in a world with high unemployment, banks that practice predatory foreclosures, and an entitled elite class that now looks at you as scum.
Here’s your chance to be part of the solution and tell everyone what you know about these bastard businesses and their illegal methods.
The real scary part?
Crook Corzine was an ex-governor. That means millions of people were conned into voting for him too. He should be in jail.
I have no sympathy for them at all.
Isn’t that kind of like feeling sorry for the SS guard that suddenly was faced by the Red Army, or faced with an American Soldier with a Thompson submachine gun?
But wait! There was more good news…….
At our National Parks across the Country…..
Released on Thursday, “Made in America: Investing in National Parks for Our Heritage and Our Economy” highlights the ruinous effects federal budget cuts are having on the national park system.
After a $140 million cut this year, park supporters are bracing for even deeper cuts due to the ongoing budget impasse in Washington.
“The big hammer that’s hanging over everyone is the super-committee on debt reduction,” said Craig Obey, NPCA’s senior vice president for government affairs.
“If they don’t come up with $1.2 trillion in savings [over the next 10 years], then you’re looking at up to a 9 percent across-the-board cut. The results would be draconian.”
But hey! We’ve still have bread and circuses, right? What was new in College Football this week?
From: bleacherreport.com
Jerry Sandusky Scandal: The 5 Key Figures in the Penn State Scandal
This week, Penn State University has been rocked by a sexual abuse scandal surrounding former assistant football coach Jerry Sandusky, and the alleged cover-up that followed.
The school and the community are shocked, angered and saddened by the failure of university officials to alert authorities about reports they received concerning alleged sexual assaults that Sandusky committed on young boys at the school’s football facilities.
And this was also in the “news”…………
Former Porn Star Sasha Grey Refuses to Back Out of Elementary School Reading Program
Former porn star Sasha Grey says she will not withdraw from an elementary school reading program despite outcry from angry parents, according to a report from TMZ.
Earlier Friday, news broke that a Los Angeles area elementary school is facing some major criticism from parents after the district invited Grey to read to a group of first graders as part of the Read Across America program.
Calico Blackie says:
I wonder how many of those “outraged parents” are STILL Penn State Football fans and brushed aside the allegations of molestation at the college?
Meanwhile, in a blatant attempt to sweep the “occupy” protest under the rug, the national corporate media has relegated citizen discontent to the back pages.
From KTVU in Oakland:
Campers destroy eviction notices
Veterans and others have concluded their Veterans Day march from Frank H. Ogawa Plaza to the police station and have returned to the Occupy Oakland camp. Earlier, police distributed eviction notices to campers at Occupy Oakland. The move comes one day after a man — whose name has not been released by police — was shot and killed after an apparent fight near the Occupy Oakland tent city. The mayor and other city leaders are stepping up calls for the camp to disband.
Every last one of the 200 eviction notices handed out have been destroyed by angry campers.
From Canada:
Halifax clears Occupy site as other cities continue eviction efforts
As the Occupy movement attempts to maintain its presence across Canada, with looming court actions and threats of municipal crackdowns perhaps spelling an end to many sites, Halifax joined London, Ont., Friday as the second city to forcefully remove demonstrators.
From Salt Lake City, Utah:
Man found dead in tent at “occupy” camp
The police are going to shut down the Occupy Salt Lake camp for safety reasons after the death of a person at the camp.
Calico Blackie says:
Safety reasons? That’s the same excuse Mayor Quan is using in Oakland too, when she knows damn well that the camp is probably the safest place to be in downtown Oakland.
They’re grasping at straws, using whatever excuse they can come up with to silence these demonstrators.
People die every day.
How many tea partiers died yesterday? How many heart attacks went unreported at their demonstrations?
I thought it was free speech for all. I guess I was wrong. It’s only free speech if it’s government approved.
That’s sad, because many of the sheep calling for an end to these protests don’t realize that they are giving up their rights and betraying our constitution at the bidding of the 1% and their mouthpieces at Fox “news.”
Keep demanding your Constitutional Rights!
Keep Protesting!
We refuse to be silenced!
OCCUPY WALL STREET
We are the 99%
Calico Blackie


















