December 5, 2008 by Frank Lynch.

Ford screws America at same time they want taxpayers to bail them out. Ford’s CEO refuses to develop or build plug-in cars in the US “until we see evidence there is more demand for electric cars” which he said on television a few months ago.

How stupid and incompetent is this man? How dare Congress even consider giving him 50 cents, let alone billions of dollars?

 But wait, it gets even worse!

On CNBC today December 5, 2008, I watched the announcement of the US and China signed an agreement to reduce greenhouse gases. As part of that agreement Ford Motor Company agreed to build plug-in electric cars in China for sale in the China internal market.

Ford won’t build them here. Ford will do the research and development in China. Ford screws America.

Ford’s CEO said he will work for a salary of $1 next year if Ford takes taxpayer funds. But he did not say anything about his Christmas bonus this year. Watch him pay himself $30,000,000 year end bonus, and then pretend to be honorable when he workd for $1 next year.

Since nothing else has  worked, I regret that I must recommend that we nationalize Ford, GM and Chrysler and force them to stop building SUVs and convert all the SUV factories to plug-in electric cars and natural gas vehicles.

Their executives and their Boards of Directors are an exceptional combination of stupid, incompetent, corrupt and incredibly uninformed. They are hopeless and the  only way to get rid of them is to nationalize the auto makers before they pay tens of millions in year end bonuses which the taxpayers will never recover.

While we are at it, we must get rid of everybody in Congress, and pass a Constitutional Amendment that nobody who has ever served more than two years as a Senator or Representative may become President, because Congress is infected with the incurable virus that cause brain damage. have you ever watched Congressmen and Senators on CSPAN? How can we ever let them be President?

Recall that on my website as candidate for President in July 2007, I recommended plug-in cars at a time when neither Obama, Clinton nor any candidate of any party even knew there was such a thing as plug in electric cars.

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December 2, 2008 by Frank Lynch.

Ford, General Motors and Chrysler are the only auto companies in the world that are going bankrupt. Autos are a world market and all the other companies around the world are surviving. The American car companies have indisputably the worst management in the world, yet they are the highest paid.

President-Elect Barack Obama must exercise leadership here if his slogan of “Change You Can Believe In” is to have any meaning. Obama must make these demands of the car companies.

Before one penny of tax money goes to the Big Three, the top ten managers in each company must be fired.

It is a full one third of a century since the Muslims started raising the price of oil to punish America for supporting Israel against the Arabs, or at least that is what the leaders of Saudi Arabiaa said in their world wide press releases.

In that third of a century anyone with half a brain knew that oil would become more and more expensive. But half a brain is more than Detroit has.

Earlier this year I saw the head of Ford say that he would not spent any money on plug in cars unless he saw signs there might be a demand for them. The moron said that this year!

Additionally, the entire Board of Directors of the Big Three must resign as condition for a bailout. The Directors have failed to perform their duty to protect the stockholders from incompetent management.

Further, I believe that the stockholders should file derivative class action suits against all the Directors and management of the two publicly traded companies, GM and Ford.

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September 21, 2008 by Frank Lynch.

In the final destruction of all the wonderful laws passed by a thoughtful Congress and Franklin Delano Roosevelt to protect the American people from the excesses and corruption that caused the Great Depression, your totally incompetent government  taken the final steps to maximize the corruption of our financial system.

The last two major independent investment banking/ stock brokerage houses have now officially become commercial banks.

Don’t believe me? See:

http://federalreserve.gov/newsevents/press/bcreg/20080921a.htm

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September 19, 2008 by Frank Lynch.

RENO, Nev. —  A few tents cropped up hard by the railroad tracks, pitched by men left with nowhere to go once the emergency winter shelter closed for the summer.

Then others appeared — people who had lost their jobs to the ailing economy, or newcomers who had moved to Reno for work and discovered no one was hiring.

Within weeks, more than 150 people were living in tents big and small, barely a foot apart in a patch of dirt slated to be a parking lot for a campus of shelters Reno is building for its homeless population. Like many other cities, Reno has found itself with a “tent city” — an encampment of people who had nowhere else to go.

From Seattle to Athens, Ga., homeless advocacy groups and city agencies are reporting the most visible rise in homeless encampments in a generation.

Nearly 61 percent of local and state homeless coalitions say they’ve experienced a rise in homelessness since the foreclosure crisis began in 2007, according to a report by the National Coalition for the Homeless. The group says the problem has worsened since the report’s release in April, with foreclosures mounting, gas and food prices rising and the job market tightening.

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September 8, 2008 by Frank Lynch.

Herb Allison,, former president of Merrill  Lynch, is the government appointed head of Fannie Mae.

i have been observing for some time that trading in both Fannie Mae and Freddie Mac should have been suspended because any financial analyst with even a broken pencil could see that both companies were grossly insolvent.

Merrill Lynch, Goldman Sachs, and all the brokers have at least one sharp pencil buried beneath the salesmen, and should have reasonably known of the de facto insolvency. They should have advised their customers that these firms were insolvent.

Trial lawyers, paradise is here!

The potential liability is huge to Merrill Lynch for continuing trading these stocks and permitting their customers to buy them through Merrill Lynch, earning excessive commissions for Merrill. The lower a stock price, the higher the commission as a percent of the trade.

Now the former president of one of the firms who did hundreds of billions of trading in the bad paper is in charge of Fannie Mae?

Is there no Shame?

There certainly is no honor left in American finance ad its regulators.

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September 8, 2008 by Frank Lynch.

Paulson’s bailout of Fannie Mae and Freddie Mac just returned the $376,000,000,000 of their debt owned by the Chi Coms to AAA status, and guaranteed Communist China will collect every penny of principal and interest.

 Isn’t our government great?

Wait for your tax increase to pay for it.

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September 7, 2008 by Frank Lynch.

In previous posts I criticized regulators for not shutting down trading in insolvent stocks like Fannie Mae and Freddie mac.

Watch the details of the takeover of those companies. I guarantee the regulators will not do the right thing and take them over the same way as banks are taken over, by eliminating the common stock completely.

We know 9 percent of m ortgages are bad and Fannie and Freddie only have 3 percent capital so they are insolvent by 300 percent, so the stock is worthless.

Watch the regulators do a takeover sufficiently complex that you and I do not dare buy the stock immediately, yet the Wall Street insiders will know the true value and will get even richer by having access to information that you and I don’t.

Put em all in jail.

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September 3, 2008 by Frank Lynch.

SEE WHY  AT THIS LINK

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September 2, 2008 by Frank Lynch.

The media is ranting into a frenzy that McCain is so stupid that he chose Sara Bara Cuda  without properly vetting her , and was blindsided by her daughter’s pregnancy.

That presumption is a suckers’ trap.

The Republicans are experts at public perception.

The Republican National Committee is exceedingly professional, as proven by their success in winning more Presidential elections than the DNC in my lifetime, which is longer than I care to admit.

Please, nobody attack me accusing me of saying Repulicans take glee in the unfortunate complication of Mrs. Palin’s family. My point is they have the cunning to make use of situations that may not be obvious to their critics.

The more likely scenario has the following hypothetical conversation taking place:

FBI: At age 44 Mrs. Palin elected not to have an abortion, and consciously elected to carry and deliver a baby that she knew had Downs Syndrome.

McCain: We can use that to prove, without ever having to say it, that Republicans practice what they preach, and believe in the Sanctity of Life even when it is hard, incredibly hard.

McCain: And we can have her appear with her daughter holding the disability baby behind Mrs. Palin to (a) show sympathy, (b) show off our belief in Right to Life, and (c) show family unity.

FBI: The problem is her daughter is five months pregnant.

McCain: Is she married?

FBI: No.

McCain: O.K. We definitely will have her hold the baby, and those people with chronic rabies infection will start a rumor that the first baby is the daughters.

Advisor: OOH! That should get us $20 million of free publicity, and infinite sympathy and anger from people who resent attacking a candidate’s family!

McCain: We should let that play out as long as possible for the most free publicity. All the time the chronic rabies crowd are attacking the poor little 17 year old, nobody is talking about Obama. It is like he dropped off the face of the earth. Yippee!

McCain: And later we can slowly, ever so slowly leak out photos and proof that it is Mr. Palin’s baby. The longer we drag it out, the worse the people attacking her will look.

Advisor: Then we can have surrogates, who must be female, appear on the news all day long showing that the 17 year old also believes in the Right to Life, and is doing the right thing by getting married!

McCain: What a fabulous anti-abortion crusade by example, by: “Do as I do, the same as I say!”

Advisor: And best of all, those Democrats will continue to underestimate us.

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August 23, 2008 by Frank Lynch.

I was a national security consultant to the Department of Defense at a time when that meant I took my martinis “shaken not stirred.” Under contract to the DoD, I co-authored a conflict prediction study forty years ago that set forth today’s MidEast situation with perfect accuracy. Yesterday’s commenters implied I don’t understand the MidEast. In fact, I predicted it 40 years in advance, perfectly! Which made me the only Presidential candidate who actually has foreign affairs competence. My writings here are not from readings, but from hands on experience.

 We had CIA controllers who lived in the palace “furnishing advice” on his every act. The Shah was our puppet, owned lock, stock and barrel. British MI-6 created the Shah by kidnapping him when they killed his father for collaborating with Hitler, and MI-6 agents raised and educated the Shah. Our CIA took him over in the 1960s. Yes, he used torture. Duh! Iran is in Central Asia!

Everyone between Poland and China uses torture as casually as Columbia University undergrads deprive their opponents of the right to free speech and freedom of assembly.

Jimmy Carter ordered our CIA out of Iran and cut off all support and supplies. The Shah had the most modern Air Force in the world, all state of the art American technology because Iran was the armored firewall protecting Arabia and oil from takeover by the USSR, with whom they shared a long, and viciously battle torn border.

When Carter cut off replacement parts and withdrew the thousands of American contractors who maintained the advanced technology air force, armoured brigades, and communications systems, Iran’s military was rendered immobile within weeks.

When Carter withdrew the hordes of American intelligence gatherers, the Shah lost much of his knowledge of the Russian sabateurs infiltrating Iran and who were organizing, supplying, paying salaries to, and training the so-called “popular uprising.”

Every day there was military action of both Soviet organized phony internal “rebels” as well direct small scale invasions by USSR secret police groups operating in every poluation center inside Iran. As soon as Carter crippled Iran’s military, death loomed large.

The Ayatollah Khomeni lived in exile in Paris financed by the USSR. Just as we had CIA sitting alongside the Shah every day, Soviet Russia had agents walking beside Khomeni all day long, every day. Iran was the biggest prize of the Cold War. Remeber, this was immediately after the Soviet/China alliance whupped us in Vietnam.

As soon as the Russian terror squads verified that Carter really had, with monumental stupidity, removed all support from the Iranian government so that the Soviet guerrillas could operate inside Iran with impunity, Soviet agents took control of the Tehran aerodrome, and chartered, using Russian bank accounts for payment, an Air France plance to fly Khomeni back into Iran while a US Air Force plane flew the Shah to safety.

Ever since then Russia and Iran have functioned as a single weapon against American interests.

Iran controls the “democratically elected” government of Iraq. Iraq’s President and his top officers have large personal offices in Tehran! They shuttle back and forth getting their instructions from the Ayatollahs.

This is no different from the way the Chinese Communist Secret Service had a so called “Arkansas restauranteur” with an office and satellite dish accross the street from the White House. That “restauranteur” was never vetted for White House access by the Secret Service but had a special, one of a kind pass, that let him run in and out of the White House and barge in unannounced on Bill Clinton’s meetings. He was Clinton’s best friend and confident. When the “restauranteur” was supoened by Congress, he boarded a plane to Hong Kong and nobody including our CIA has been able to find him.

Intelligence agencies have enormous influence behind the scenes of all governments. How do you think French President Sarkozy got together with the Russian President on 90 minutes notice and negotiated a Treaty that let the Russinas do anything they want in Georiga and still be in compliance with the Treaty?

And Sarkozy loves Nobama.

WHY THE SUNNIS FEEL BETRAYED

We promised them a role in the Iraqi government if they fought on our side against Al Quada. Now the Iraqi government is not embracing them, but exterminating them. And the Iraqi government has its real offices in Tehran. The President of Iraq commutes to his Tehran office for instructions from his masters before making any decisions.

The Iranians hate the Sunnis as much as Pakistan hates India. Fallujah was the site of a massacre of Shiites by Sunnis many centuries ago. For Shiia, the annual pilgrimage to Fallujah ranks almost equal with the pigrimage to Mecca, for Shiia to reiiterate their hatred of Sunnis and reinforce their desire for vengeance. US public television regularly broadcasts coverage of this annual Shiia convention to pledge vengeance against the Sunnis. Nobama’s withdrawal makes it possible.

Indeed, today’s news reports that Shiite Extremist Muqtada al-Sadr is rousing his militia to protest our withdrawal as too slow.

We are following the Nobama timetable to leave Iraq, so the Iranian Shiites can exterminate their enemies for ten centuries, the Sunnis.

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