Barack Obama, our next President

Full story: Hampton Roads Daily Press

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...
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809,241 - 809,260 of 1,100,050 Comments Last updated 3 min ago
lily boca raton fl

Boca Raton, FL

#879539 Mar 25, 2013
John Galt wrote:
Government of Cyprus seizing 40% of bank deposits over 100,000 Euros.
Coming to America with the Obama looters.
BRUSSELS, March 25 (Reuters)- Cyprus clinched a last-ditch deal with international lenders on Monday for a 10 billion euro ($13 billion) bailout that will shut down its second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians.

The agreement emerged after fraught negotiations between President Nicos Anastasiades and heads of the European Union, the European Central Bank and the International Monetary Fund - hours before a deadline to avert a collapse of the banking system.

The plan, swiftly endorsed by euro zone finance ministers, will spare the east Mediterranean island a financial meltdown by winding down Popular Bank of Cyprus, also known as Laiki, and shifting deposits below 100,000 euros to the Bank of Cyprus to create a "good bank".

Deposits above 100,000 euros, which under EU law are not guaranteed, will be frozen and used to resolve debts, and Laiki will effectively be shuttered, with thousands of job losses.

EU diplomats said the president, flown to Brussels in a private jet chartered by the European Commission, had fought to preserve the country's business model as an offshore financial centre drawing huge sums from wealthy Russians and Britons.

The key issues in dispute were how Cyprus would raise 5.8 billion euros from its banking sector towards its own financial rescue, and how to restructure and resolve the outsized banks.

French Finance Minister Pierre Moscovici rejected charges that the EU had brought Cypriots to their knees, saying it was the island's offshore business model that had failed.

"To all those who say that we are strangling an entire people ... Cyprus is a casino economy that was on the brink of bankruptcy," he told Canal Plus television.
Conservative leader Anastasiades, barely a month in office and wrestling with Cyprus' worst crisis since a 1974 invasion by Turkish forces split the island in two, was forced to back down on his efforts to shield big account holders.

Anticipating a run when banks reopen on Tuesday, parliament has given the government powers to impose capital controls.

The tottering banks hold 68 billion euros in deposits, including 38 billion in accounts of more than 100,000 euros - enormous sums for an island of 1.1 million people which could never sustain such a big financial system on its own

http://www.huffingtonpost.com/2013/03/24/cypr...
Grampy

South Windsor, CT

#879540 Mar 25, 2013
John Galt wrote:
<quoted text>
The Second Amendment says that Dupie is an idiot.
Rumor has it that PDupont will be the liberal slut replacing Joy Behar on the "View"
sonicfilter

Fishers, IN

#879541 Mar 25, 2013
so i see the right wing nutjob sites are now loving Russians.
Jimmy

Newington, CT

#879542 Mar 25, 2013
Anonymous of Indy wrote:
<quoted text>Cyprus bank deal wipes out some large depositors, will confiscate up to 40% from others
http://www.humanevents.com/2013/03/25/cyprus-...
The article also has this:

"That was discussed last week in Cyprus… and it’s also been discussed by American liberals, greedily eyeing the huge amounts of cash floating in 401k accounts. "

It reminds us what DemocRats really are today.
carol

Orlando, FL

#879543 Mar 25, 2013
One more thing about the Palestinian-Israeli conflict.

Israel and Jordan were both called "Palestine" under British authority and both Arab and Jewish Palestinians coinhabited the land.

Israel was not blameless in the Palestinian exodus but Palestinians themselves were aggressors in the 1948-49 war.

Historians still debate the causes for the Palestinian exodus so it's not likey we're going to solve it here on this forum.

However, the two official versions:

The version of the Israeli government is the Arab Higher Committee and the Arab states encouraged Palestinians to flee in order to make it easier to rout the Jewish state or that they did so to escape the fights by fear in 1948.

The Palestinian version is that refugees were expelled and dispossessed by Jewish militias and by the Israeli army following a plan established even before the war. Also, the morale and infrastructure of Arab Palestinians had collapsed.

The bottom line is still this: Had the United Nations resolution of 1947 recommending partition and establishment of two separate states for Arabs and Jews not been subverted by force by the Arab world, there would have been no refugee problem in the first place.

The Jewish leaders agreed to this resolution. The Arab nations and Palestinian Authority rejected it.

The blame for the plight of Palestinian refugees and the ongoing conflict today, therefore, lies squarely at the feet of the Arab nations.

“Gloria Ad Caput Venire”

Since: Jan 08

Location hidden

#879544 Mar 25, 2013
John Galt wrote:
<quoted text>
That's what the Greeks and Cypriots thought.
Italy is next.
I think so
Grampy

South Windsor, CT

#879545 Mar 25, 2013
"Francois Bozize, president of the Central African Republic, overthrown by rebels."
http://www.newsday.com/news/world/francois-bo...

This is what happens when a dictator can't enact stringent gun control laws and lacks a domestic fleet of armed drones.

“Amor patriae.”

Since: Feb 08

Eastern Oregon

#879546 Mar 25, 2013
John Galt wrote:
<quoted text>
That is totally incorrect. Cars that are not driven do not need to be registered.
Doubt that dumbass Dave registers all those junk cars in his front yard.
They make an effective barrier against neighbors taking pot shots at him. By his own admission, two of his rigs have bullet holes in them.

“wake up”

Since: Jan 10

utica ny

#879547 Mar 25, 2013
John Galt wrote:
<quoted text>
As far as adult "children" freeloading, yes.
After 21, get a life of your own.
anyone over 21 should be embarrased if they can not support their own needs.
sonicfilter

Fishers, IN

#879548 Mar 25, 2013
Jimmy wrote:
<quoted text>
The article also has this:
"That was discussed last week in Cyprus… and it’s also been discussed by American liberals, greedily eyeing the huge amounts of cash floating in 401k accounts. "
It reminds us what DemocRats really are today.
your punctuation is off.

Saft also speaks of “financial repression” techniques employed by governments to deal with their debt crises, such as “forcing pension funds to invest in government debt.” That was discussed last week in Cyprus… and it’s also been discussed by American liberals, greedily eyeing the huge amounts of cash floating in 401k accounts.

http://www.humanevents.com/2013/03/25/cyprus-...

nice try though.
lily boca raton fl

Boca Raton, FL

#879549 Mar 25, 2013
It will mark the end of an era for Cyprus, which has in effect spent the past decade advertising itself as a place where wealthy individuals who want to avoid taxes and scrutiny can safely park their money, no questions asked. But it may also mark at least the beginning of the end for something much bigger: the era when unrestricted movement of capital was taken as a desirable norm around the world.

But the truth, hard as it may be for ideologues to accept, is that unrestricted movement of capital is looking more and more like a failed experiment.

It’s hard to imagine now, but for more than three decades after World War II financial crises of the kind we’ve lately become so familiar with hardly ever happened. Since 1980, however, the roster has been impressive: Mexico, Brazil, Argentina and Chile in 1982. Sweden and Finland in 1991. Mexico again in 1995. Thailand, Malaysia, Indonesia and Korea in 1998. Argentina again in 2002. And, of course, the more recent run of disasters: Iceland, Ireland, Greece, Portugal, Spain, Italy, Cyprus

What’s the common theme in these episodes? Conventional wisdom blames fiscal profligacy — but in this whole list, that story fits only one country, Greece. Runaway bankers are a better story; they played a role in a number of these crises, from Chile to Sweden to Cyprus. But the best predictor of crisis is large inflows of foreign money: in all but a couple of the cases I just mentioned, the foundation for crisis was laid by a rush of foreign investors into a country, followed by a sudden rush out

http://www.nytimes.com/2013/03/25/opinion/kru... ;

Since: Aug 11

Location hidden

#879550 Mar 25, 2013
John Galt wrote:
<quoted text>
That's what the Greeks and Cypriots thought.
Italy is next.
Right, Italy is a financial disaster too.
lily boca raton fl

Boca Raton, FL

#879551 Mar 25, 2013
John Galt wrote:
<quoted text>
That is totally incorrect. Cars that are not driven do not need to be registered.
Doubt that dumbass Dave registers all those junk cars in his front yard.
Here in Boca Raton you cannot keep a car in your driveway that is not registered; you'd get fined daily by the City. It may be a city law.

“Amor patriae.”

Since: Feb 08

Eastern Oregon

#879552 Mar 25, 2013
moshx wrote:
<quoted text> anyone over 21 should be embarrased if they can not support their own needs.
....or separation from high school, whichever comes first.

Since: Aug 11

Location hidden

#879554 Mar 25, 2013
Jimmy wrote:
<quoted text>
The article also has this:
"That was discussed last week in Cyprus… and it’s also been discussed by American liberals, greedily eyeing the huge amounts of cash floating in 401k accounts. "
It reminds us what DemocRats really are today.
I agree
sonicfilter

Fishers, IN

#879555 Mar 25, 2013
Obama never stood a chance with Israel's analysts

Barely did [Barack Obama] finish his resounding speech before it was engulfed in waves of sour, skeptical, judgmental negativity from our studio analysts. If anyone tries to talk about hope, peace and justice, they’ll tell you how “naive” and “childish” it is. After all, these carefully selected studio pundits—experienced journalists, university professors, retired army generals—know their stuff. They always say what is expected of them. &#8207;(Otherwise they won’t be invited back.&#8207;) They generally know everything, and they did not disappoint.

They know things that we simple listeners, who thrilled to Obama’s words, do not. They are graduates of the Israeli education system, which taught them that in 1948 we were the few against the many &#8207;(a lie&#8207;) and that all the refugees fled from their villages &#8207;(another lie&#8207;). To them, the nakba is no more than a Palestinian PR stunt. So is the occupation.

As adults these pundits cozied up to the politicians, from whom they learned that former Prime Minister Ehud Barak left no stone unturned in his desire to make peace &#8207;(a lie&#8207;) and that former Prime Minister Ehud Olmert offered Palestinian President Mahmoud Abbas the moon &#8207;(another lie&#8207;); that there is no Palestinian partner for peace and that Israel is a peace-loving nation &#8207;(lie, lie&#8207;).

http://www.haaretz.com/opinion/obama-never-st...
Grampy

South Windsor, CT

#879556 Mar 25, 2013
"Obama Administration Unblocks $500 Million For Palestinian Authority"

Now Iran can get paid for all those rockets they've supplied to Hamas and Hezbollah. This infusion of cash should allow them to ramp up and complete their Nuke project
Grampy

South Windsor, CT

#879557 Mar 25, 2013
lily boca raton fl wrote:
<quoted text>
Here in Boca Raton you cannot keep a car in your driveway that is not registered; you'd get fined daily by the City. It may be a city law.
Will they fine you if you park them in your frontyard sinkhole?
Realtime

Deltona, FL

#879558 Mar 25, 2013
John Galt wrote:
<quoted text>
That is totally incorrect. Cars that are not driven do not need to be registered.
Doubt that dumbass Dave registers all those junk cars in his front yard.
Galt continues to ignore that there are 50 states and thousands of municipalities each with a variety of laws and ordinances. Oh and those pesky HOA's too.
Grampy

South Windsor, CT

#879559 Mar 25, 2013
sonicfilter wrote:
Obama never stood a chance with Israel's analysts
True, Israel's analysts are wary of all Muslims.

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