So, the former Secretary of Defense has figured the obvious out: But he said McCain’s choices in the last few weeks — especially his selection of Gov. Sarah Palin of Alaska as his vice presidential running mate — had raised questions in his mind about McCain’s judgment.
“I don’t believe [Palin] is ready to be president of the United States,” Powell said flatly. By contrast, Obama’s running mate, Sen. Joe Biden of Delaware, “is ready to be president on day one.”
Powell also told NBC’s Tom Brokaw that he was “troubled” by Republicans’ personal attacks on Obama, especially false intimations that Obama was Muslim and the recent focus on Obama’s alleged connections to William Ayers, a co-founder of the radical ’60 Weather Underground.
Stressing that Obama was a lifelong Christian, Powell denounced Republican tactics that he said were insulting not only to to Obama but also to Muslims.
“The really right answer is what if he is?” Powell said, praising the contributions of millions of Muslim citizens to American society.
“I look at these kind of approaches to the campaign, and they trouble me,” Powell said. “Over the last seven weeks, the approach of the Republican Party has become narrower and narrower.”
Question Authority. Here's another false fact, a great example: "The FDIC now insures deposits up to $250,000.00". Thusly, this means our money is safe. BUT....the FDIC only has on deposit to cover bank failures 46 billion. Oops....we believe we are safe because we are told we are, with "insurance", and forget it is a LIE. 46 billion won't cover even Bank of America's potential failure, so even the "safer" $250,000 is just another fraud.
Believe what you want, but it's obvious we're under insured in values for what could occur, and just hoping it all goes away. 46 billion. This should make you angry. Think what YOU spend in IRAQ each month.
If banks fail, we'll just have to print more money:)
in 2006 the total aid to the developing world from OECD countries amounted to 325 billion, and only 1/3 of this came from governments of countries members of the Organization for Economic Cooperation.
Oops, our bail out of AIG alone was 125 billion. What a great and loving country we are:) So, this is what we must learn:
1. There is not nearly enough money backing FDIC, thusly making it as high risk and deceptive a "safety valve" as we could have, but we as citizens BELIEVE what is told us.
2. We bailed out AIG with more than DOUBLE FDIC, just one insurance company, and all that the FDIC is defined as is insurance. It's the same fraud game, this time perpetrated by the government, on you and I.
3. If banks fail, the good guys will argue, the government will come running in and put more money in FDIC. This is true, but each time we print or borrow the money to do this, we de-valued the Bushian dollar more.
Don't be fooled by the ads on who will cut taxes the most. Neither will. Your taxes have already been raised. Your net worth has dropped by 35%. Be smart.
The market was quite interesting yesterday, rising to our first Dow top, but showing calls to lose value, and puts to not lose value proportionately. This is a sign typically that "something is up", as it's too early for November options to lose premium. It shows many institutional traders are still exiting and "playing positions" and that two way trades may continue to be likely.
From subscribers:
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