Tag Archive

Confronting the Spin on the Fort Hood Massacre

By Frank Salvato

It is sad and disturbing commentary on the state of American culture when the facts surrounding an event, such as the slaughter that took place at Fort Hood, can not only be manipulated to facilitate a political ideology but blatantly ignored in the pursuit of a political agenda. In the face of the most... »

America, End Your Fear Of Wall Street

By James J. Raider

Through a century of market ups and downs, interest rate fluctuations, mergers, acquisitions, political influence, lobbying and positioning insiders to the most powerful government and government related institutions, the Kings of Wall Street have nurtured and advanced their isolated power to a point where they are responsible to no one. »

Bernanke And The Super Fed Say It’s Over

By James J. Raider

With that level of insight you can now go out and make major decisions for your own future, such as, whether or not to buy a house, upgrade your car, perhaps even fly to Europe on the wings of hope. No? »

Obama’s Private Economic Conundrum

By James J. Raider

Wall Street is quietly cheering and encouraging the moves of a neophyte CEO. You would too, if you controlled the game.? »

Dilettantes At The Chrysler Gate

By James J. Raider

The White House accusing the holdouts of acting against the national interest, is injecting the government directly into the management and decision making process governing the funds. This is a pretense that the activity of bankruptcy is somehow unnatural and un-American. ?? »

A Nation Changing First 100 Days

By James J. Raider

As noted here previously, this President’s First Hundred Days should have been spent understanding the complexities permeating the economy of the great nation he was taking charge of, and most of all he should have established for himself a thorough grasp on the nature of this peculiar economic ingredient we call inflation. »

A.I.G. ? A National Embarrassment

By James J. Raider

America expected, or hoped for, a new administration that would set new standards in leadership, ethics, and diligence over the government of the country. Instead there is growing unease as the nation increasingly realizes that the lack of competence demonstrated by its new leadership regrettably appears to be simply more of the same. As... »

America’s Overnight Transformation

By James J. Raider

The centerpiece of the Administration’s rushed, colossal bailout and stimulus program is the taxpayer support of the nation’s 20 largest banks. Treasury Secretary Geithner, former Federal Reserve Bank of New York President, is Obama’s point man on the aggressive plan to bolster the financial system. As he leads the charge to inject hundreds of... »

Obama Mitigating Mortgage Foreclosures?

By James J. Raider

Obama announced that between $50 billion and $100 billion will be spent on making mortgage payments affordable, as part of the giant gamble he and Congress are making, under the title of “stimulus.” No help will be provided for those who made rational decisions on purchases, but ample support will be provided to those... »

FBI’ Shifts – Counter-terrorism To Anti-Fraud

By James J. Raider

As the economy’s meltdown confuses politicians and economists, and stresses businesses and wage earners, the FBI has suddenly discovered a new path to career advancement. »

Obama’s Salary Cap Red Herring

By James J. Raider

There is a very uncomfortable incursion materializing into the foundation and fabric of the capitalist system by the White House and Congress. That intervention is misguided. »

Obama, Watch Consumers And Learn

By James J. Raider

American consumers are being accused of closing their wallets. This is evidenced in three months of contracted spending into the end of 2008. The new year has brought more of the same, and consumers are being admonished for spreading “weakness.”

 Politicians, economists, and the media, have strained to peculiar characterizations in describing the source of... »

Should Bailout Beneficiaries Be Outsourcing Offshore?

By James J. Raider

Congress and the White House have left a moral dilemma for American taxpayers to resolve for themselves. Government has not shown diligence enough to install common sense agreements onto the multibillion dollar bailouts. Should recipients of taxpayer favors continue to send jobs offshore?

 »

Disrespecting Taxpayers & Shareholders

By James J. Raider

As CEOs beg for Troubled Asset Relief Program (TARP) handouts, the new corporate mantra is, “maintain shareholder trust,” … sorry, make that the new corporate mantra is not, but should be, …”maintain shareholder trust.” »

Bernie Madoff – A Letter Of Explanation?

By James J. Raider

The Editors of The Pacific Gate Post received an envelope from persons unknown, containing a letter apparently discarded in an alley behind an Upper East Side, Manhattan apartment building. The letter had been crumpled up into a ball and partially torn, possibly having been thrown out of a penthouse window. Its reconstruction was completed... »

Is Obama Right To Ignore Bush Transgressions?

By James J. Raider

Whatever Obama’s motives for not being emphatic or specific on digging out any wrong doing, the decision appears to be the right path for him to take, and his Presidency can be given a pass on this one. The problem is deep and wide, but it is not his. »

Democrat Responsibility For The Economic Crisis

By James J. Raider

On their road to domination of Congress and The White House, the Democrats clamorously and successfully, accused the Republicans of engineering the current economic crisis gripping the nation. Today Democrats control the country. Now what? »

Bernanke And The Perpetuating Credit Card Swindle

By James J. Raider

“Don’t get yourselves in a knot over this one-half-of-one-percent-rate thing on the sub-slime, I mean sub-prime interest rate the Fed charges its friends, and quit wondering why you can’t get in on that good stuff. It doesn’t concern you, and has nothing to do with you. Never has, never will. That rate has no... »

Is Madoff Really A Wall Street Anomaly?

By James J. Raider

Nearer the apex of the pecking order are market savvy managers of large capital pools who accost both sides of financial transactions in monastic secrecy and with ascetic prudence. The nature of their game can get complex, and presents a kaleidoscope of diversity »

Leveraging Billion Dollar Connections In Congress

By James J. Raider

Cerberus has for years had a nasty reputation on Wall Street as a fierce player and hard nosed negotiator, which is its right. Everything Congress is not. In this game of risk, connections and being ruthless make all the difference. »

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