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PLEASE add your issue and a comment. Long comments and extensive threads deserve their own page. Will the author of the issue please create a new page with the issue heading and hyperlink it back to the table issue statement.

Re: The Really, Really Big Rip-off

ISSUE AND COMMENT
SHOULD THE U.S. TREASURY PROVIDE BAIL-OUT MONEY OR BAIL MONEY?

New Yorkers were shocked at the headlines of a New York attorney charged with a 380 million dollar swindle.(1)That swindle is one of a long list of financial swindles plaguing the financial market. Now, the U.S. Taxpayers have been and will continue to be swindled by the funding of massive financial failures of some of the nations financial institutions:


  • Billions are loaned to “healthy” bank so they can buy-out, for cheap, “unhealthy” banks, thus consolidating more power among the rich right.
  • Money is flowing out of the Federal purse without having conducted deep due diligence to prevent the use of the plunder to cover-up Ponzzi schemes.
  • Have the Federal Treasury obtained legal collateral based on independent property appraisals by qualified appraisers? Who has independent supervisory authority over the actions of Treasury?
  • Have the FBI, SEC, OMB, GAO, FTC, Congressional panels, NYSE, Attorneys General, Inspectors General, or any other investigative agency conducted audits of the financial institutions before the funding takes place, to uncover swindles in the making or an attempt to cover-up prior Ponzzi schemes?
MORE....http://leaguedemorepub.wetpaint.com/page/SHOULD+THE+U.S.+TREASURY+PROVIDE+BAIL-OUT+MONEY+OR+BAIL+MONEY%3F
BUSH BAIL OUT
--something fishy is going on in Washington D.C. and it isn't dead fish.
By Jim Miller,9/26/2008
CAPITAL MARKET CRISIS IN LIQUIDITY
--the REAL story
By Jim Miller, October 4, 2008
The Really, Really Big Rip-off
Congressman Peter DeFazio

Pete:

Bernard Madoff swindled his investors out of 50 billion. Yet the banks are swindling the U.S. Taxpayers out of 250 billion. Elizabeth Warren, the top congressional watchdog overseeing the financial bailout, wants to know; so do I and all other Americans. What are you doing to force the banks to track the money and disclose? What enforceable criteria for use of that money by the banks has the legislation imposed on the banks? If not, why not?
Was the Democratic Congressional leadership again slickered by George Bush and his cronies? Apparently so. Apparently the Travistock Institute is heavily ensconced in both parties, as well as the banks. Do you even know about the New World Order? If so, what are you doing to defend Americans? See what the New World Order did in Argentina, Chile and many other Latin American Countries.Inflating poverty in Argentina - 30 May 08http://www.youtube.com/watch?v=_vJLrvGpJjg&feature=related
Jim Miller

Where'd the bailout money go? Shhhh, it's a secrethttp://news.yahoo.com/s/ap/20081222/ap_on_bi_ge/meltdown_secrets
THE PRIVATIZATION OF THE UNITED STATES OF AMERICA.
-- the end of a livable country as we might have known it.
By Jim Miller
BARACK OBAMA AS COMMANDER IN CHIEF
By Jim Miller
HOW TO WIN THE PEACE IN IRAQ
By Jim Miller
LIVING IN A BUBBLE
ANTI-DEMOCRATIC IMPERIALS OF U.S. CAPITALISM [Irish Times edition]
By Norm Chompsky
Backup copy here

"Who Killed the Electric Car?"

Reviews, YouTube trailer, and Jim's proposal for the BIOVOLT TRUCK. Here's a small portion of thePBS interview with David Brancaccio of the film director, Chris Paine:

"PAINE: Well, you know, this is a -- this is really the heart of the movie. It's like why would car companies destroy the very car they created in the first place. It's -- One of the characters says it's like an act of cannibalism. And certainly it seems like it now when you look at General Motors with nothing to sell, except for their trucks and SUV's and a small number of compact cars.

Well, the thing is is that car companies since -- for 100 years have been selling the internal combustion engine, and that's an engine that needs to be fixed and re -- repairs. And there's lots to it. They know how to do it, and they have a big margin. If you say how about an electric car? You know, it's -- it's a totally different game.

BRANCACCIO: What? There's less maintenance on electric cars?

PAINE: Well, there's -- there's almost no maintenance, because there's no internal combustion engine. So there's no carburetor. There's no tune-ups. There's no air filters to change. There's not even a transmission. So the electric car really challenges the whole fundamental business structure for the car companies. And unfortunately the -- the electric car's another problem. It doesn't use any oil. So, the electric car instantly goes after two bedrock industries in the country, and that makes it a very difficult sell."

THE BIOVOLT TRUCK AND THE SLIDING PISTON GENERATOR
By Jim Miller

The Sliding piston genset could be used in the BioVolt Truck to generate electricity to recharge the batteries should they run low on energy. Instead of the large, expensive reciprocating internal combustion engine running the generator as described below, the produce syngas can be factionalized into many different gases (depending on the feedstock) into propane, butane, pentane and ethanol. The proper gas can be compressed and stored behind the cab of the truck and fed to the electric generator as needed. This would greatly reduce the cost of manufacture and greatly lighten the weight of the truck, thus making the combination much more efficient and cheaper to build and operate. There would be little maintenance involved in this electric generator.

Dear President-elect Obama:
Re: Quick action on jobs:
Using Americorps, create thousands of slots for PERMACULTURE TEACHERS who teach farmers, gardeners, ag students, et al., how to grow our own food using permaculture biological principles. This corps will be primarily "hands-on" types who actually go to the farm or garden and show folks, for instance, how to create compost and work it into the soil to increase the tilth of the soil. Or create dirt/straw berms on the contour to trap water run-off on hillsides and prevent soil erosion. There thousands of techniques to be employed in growing food and fodder and there are thousands of folks who have already taken permaculture courses.
Creating this force is simply a budget item for Congress and does not involve lengthly ramp-up. The project is non-controversial and a no-brainer even Congress can comprehend. Funding should include: County Extension Agents, NPO which practice and teach permaculture, colleges which have Ag courses and private individuals and companies, such as an Ag Supply Company or an An Equipment Company. A good many legislators are from states which are largely agricultural, so passing this budget item works in their favor.
Contact me and I can write the proposed legislation or promotion for the budget item. James E. Miller, BA, BS, JD, 541-757-9797.

INSTANT JOBS – save energy and our economy
To: Obama Transition Team – Office of Public Liaison
From: Jim Miller, jimmiller5417@yahoo.com
December 5, 2008

WHITEWASH OF BLACK COAL
The exchange of email below demonstrates the that NETL is the captive research agency of the coal industry. The burden of proof of “clean coal” is on the coal industry, not the U.S. Taxpayers. Let the coal industry pay for R & D on clean coal. Please note that the NETL argument about “abundance” of coal is a fraud. By growing biomass; selective harvest of forest slash, dead trees and non-commercial trees; recycled municipal waste, agricultural waste, and growing algae, we will have a tremendous “abundance” of biomass. Extracting coal involves horrendous environmental damage while sourcing biomass does not.

LIVING IN A BUBBLE

Our economic leaders are living in their bubbles of economic security, good income and a high energy consuming life style. They are following the “It's all about me” philosophy, but give lip service to the plight of those of us whose bubbles have burst. They rationalize that those who are suffering job losses are just “unlucky”.

Many astute writers are ringing the fire bell. The fire is on the outskirts of town and headed our way. However, most folks continue to play cards or watch TV or go to work, “The fire won't affect me.” Before the fire consumes the whole town, we ought to ride the fire truck to the fire and fight it will all our means.
FULL ARTICLE:http://leaguedemorepub.wetpaint.com/page/LIVING+IN+A+BUBBLE

Reply to letter from Cong. Peter DeFazio on Automaker bailout

Mr. Miller:

Thanks for your message in opposition to the auto industry bailout. The costs and failures of the Wall Street bailout, which I adamantly opposed, are becoming more apparent. The much touted restrictions of corporate pay have proven to be totally ineffective. You and other members of the American taxpaying public are totally justified in expressing anger with the failures of the $700 billion Wall Street bailout and the Bush Administration's commitment to spend $1.4 trillion to save Wall Street financial institutions. HUD should be empowered to buy mortgages in default and pay, not to exceed the then fair market value of the property or the principal balance on the loan, which ever is lesser. Then HUD resets the terms of the mortgage so the borrower can make payments. The term should be five years and the monthly payments should not exceed one percent of the principal amount of the mortgage, with a balloon at the end of the term. HUD can also sell the repackaged mortgage to private parties or financial institutions. HUD would contract with Amazon to handle the sales over the Internet. Google would list all of the properties for sale with a URL to a data bank containing the appraisal report and the promissory note which spells out the exact terms. The prospective buyer could run a credit report.
MORE: REPLY TO CONG. PETER DEFAZIO LETTER ON AUTOMAKER BAILOUT