THE DOT - if this turns orange or red be alert

Monday, November 2, 2009

Brainstorming Monday - part 1

1. Outrageous Goldman plans to steal more money from taxpayers - its gettin time for a teaparty!
Blankfein and his boys are a disgrace for America and any civilization based on a moral ground as their whole skill-set is used to steal from the public by shamelessly benefiting from a tax situation of Fannie.


Goldman in Talks to Buy Fannie Tax Credits

Goldman Sachs Group is in talks to buy millions of dollars of tax credits from Fannie Mae, but the U.S. Treasury could block the deal, The Wall Street Journal reported on Sunday.

Goldman hopes to win approval this week, but the administration is wary about approving a deal that would help the bank reduce its tax bill, the Journal reported on its website.

"Treasury is reviewing and will not let it proceed unless it is clearly in the taxpayers' interest," Treasury spokesman Andrew Williams said, without providing further comment or details.

A Goldman spokesman had no comment. Spokespeople for Fannie and the Federal Housing Finance Agency (FHFA) were not immediately available for comment.

2. The mastermind of Rockefeller's behind this disaster is pushing his evil agenda


Summers to Lead High-Level Meeting on US Economy

By: Reuters

White House economic adviser Lawrence Summers will lead a high-level meeting Monday to discuss the state of the economy, job creation and ways to achieve sustainable growth.

A White House announcement said the meeting would take place at 2 pm New York time and would include Cabinet officials from Treasury Secretary Timothy Geithner to Health and Human Services Secretary Kathleen Sebelius, Agriculture Secretary Tom Vilsack and Energy Secretary Steven Chu.

National Security Adviser James Jones, White House climate czar Carol Browner, U.S. Trade Representative Ron Kirk and senior White House adviser Valerie Jarrett are also among those scheduled to attend.

A spokesman for Summers, who is director of the White House National Economic Council, described the meeting as one of the regular gatherings of the council "This is a principals' meeting for the department and agency heads who participate in the NEC process to gather and discuss the state of the economy," said NEC spokesman Matthew Vogel.

The Summers meeting will be separate from a gathering that President Barack Obama will hold with his panel of outside economic experts headed by former Federal Reserve Chairman Paul Volcker.


The Obama administration has been weighing options to address ways to try to restart job growth with the unemployment rate now at 9.8 percent.

Signaling the end to the deepest recession since the 1930s Great Depression, the government last week said U.S. gross domestic product grew at a robust 3.5 percent pace in the third quarter.

Obama trumpeted the GDP numbers in his weekly radio address on Saturday but said, "we have a long way to go before we return to prosperity."

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