Friday Stories: AAA At Risk; Leaving Out Key Details; Ghost Town Malls

Brian the mall here in Vicksburg Ms has been in bad shape for a long time. Pemberton Mall which is a small mall which is owned by CBL Associates has been suffering for a long time. Various criminal incidents lead to the mall retailer to close over 7 stores and the lack of more choice has forced locals to go Madison and other places to shop. Still it's struggling. Rumors are abound here that Dillards is closing but thus far that hasn't happened. And CBL was supposed to do another renovation but no new annoucements haven't been made. But it's plaza is thriving. In the main small building there are a lot of empty retail space.

Good idea earle Support HR 1207 the Audit the Fed bill in Congress. 179 Co-sponsors!

Come to think of it ? If Merrill Lunch (a typo I like) failed it would take down the entire US economy ? Is that not ? a national security threat ? lol Further - making Bank of America even BIGGER ? Making it even MORE so that if BoA fails ? so does the US ? Is THAT not ? a national security threat ? Should homeland be over at BOA shutting it down ? Because it jeopardizes EVERYTHING everyone works for in the US ? It is true I've just presented a different angle perhaps. An angle I'm sure BOA does not want presented. Further ? That a corporation CAN bring demise to the ENTIRE nation state of USA ? My god - how HEALTHY is THAAAAAYAT ? All the while being fed threat of terrorism ? I wonder how many military men and women know or realize, that all the jeopardy they put their lives in - doesn't matter... why ? because - if Bank of America fails ? so does America. And you can't solve that with bullets or bombs. I SEVERELY QUESTION the legality for this merger - and others as well. I do like this message here, because BoA doesn't share this view. that by acquiring Merrill Lynch, they REALLY put the US in jeopardy. Some things don't add up here Military fighting a nameless faceless threat - worse than Vietnam in identifying which people to kill, and which are village bystanders ? All the while ? NONE of that matters Why ? The future of the US economy rests on Bank of Americas standing. No other way to look at it. BoA is a national security risk

to fuel my point everyone should head over to youtube and check out some of the old terror day invoked countrywide ads. It's pretty amazing in hindsight to see what was allowed to be floated using FCC regulated airwaves - that I 'believe' - needs the FTC to comply, otherwise it's FCC violation. "Hi, no job ? no credit ? Maybe you don't have any assets, well my name is Jill, I'm your Countrywide representative - I'm here to SEE that you GET that home mortgage" really. Now, I agree with US Comptroller of Currency, they laundered THAT to Wall Street - DIRECT, NORMALLY we go through banks for mortgages etc, that further was laundered and sold off to places like Norway - or unsuspecting third world nations - to help seed crisis down the line. BUT - CW jacked up housing prices by creating artificial demand. THIS is why BankUnited just fell on May 19, and WaMu's 300 billion - GOLDEN EGGS INCLUDED were sold for 3 billion and change. What a DEAL ! THIS is why all the banks are in crisis. I've worked LONG and HARD to get to this simplistic view, but I believe it is accurate. The REAL Weapons of Mass Destruction, while Warren Buffett says they were here, were the Countrywide mortgages if you ask me. DOESN'T HELP that Countrywide's main office took over lease from Lockheed. DOESN'T HELP that sr. Pentagon officials cut and ran to go find a job at ? BANK of America ? who bought CW for - oh my - Wamu's number again, CW's 300 billion - except I think BoA get CW for5

All in all - I think incubation for new companies, loans for new companies, new jobs is the only way out of this. Unfortunately, we didn't let the bad banks fail - we took all the money we could have injected in for an emergency job/education stimulus and gave it all to the banks. Who in turn ? I don't know - any wealth of student loans available ? When I hear Bernanke say it is SO complex, I can start to see it- for how many private universities lost their trust or dented their pentions through all of this.

As to Ghost Town Malls above ? it's more like Ghost Town MODELS of western materialistic consumerism fed by the East, China that fail, especially when China say - as of last year - NO MORE. I had to read fast - as the Chinese business channel runs the words REAL quick - I guess you can say more in Chinese ? I don't know, but I saw some folks behind the Made in China campaign. One person commented, a Barbie doll costs them $1 to make, BUT - after rebranding ? $20 in the US. He said China has closed it's doors to this run of 15 years of exploitation. His first example ? Walmarts biggest sock manufacturer in China said - bye bye to low low prices. I am sure Walmart now pulls from satellite countries in asia pacific I bet - (hmm, I said sure AND bet hmm, AUGH - a 'sure bet' - JUST REALIZED, there is no such thing). I think the CDC map Brian Sullivan put up showing continued obesity in the US to EPIDEMIC proportions - what is it ? 7 out of 10 Americans are clinically obese ? Somehow - the US has taken it's lead from the 1940's in the eye of the world - and coasted. I suppose the US has good Biotech - good high tech/electronics, then again, China fed up with Intel and AMD ? They made their OWN CPU. That's pretty resourceful. And I bet it's got some E.T. Phone Home stuff in it too - lol. Perhaps "User has accessed real google page, send police !". I guess Chinese citizens don't have the World Wide Web yet either Seems BOTH nations of citizens are in the dar

To above post from Earle: I don't think anymore that it is issue that the nation is facing bankruptcy. I see nationalism as already a done deal. Nationalism replaced feudalism - (or did it heh- we STILL have powerful families ruling) I've always asked, what will nationalism evolve to ? Well- my latest joke is - try on 'the nation state wide web' It doesn't sound too alluring does it ? No, we live with the World Wide Web ? The great irony I see ? CERN - HTML - The birth of the WWW - came out of PHYSICISTS - the very flavor that brought us particle theory to LEAD to potential for nuclear weapons - CERN - odd, how such an offering can help humanity recognize it is one. Once we have species integrity ? All of a sudden - some cheapened, personalized afterlife model isn't to attractive. All of a sudden ? We can start living for something far bigger than ourselves, not JUST the Western typical view of family - and that's it, I mean the ENTIRE species. Once we start respecting the atomicity of species that even ALLOWS for us to exist ? I think we'll stop desecrating our environment for a few chump change dollars so someone in Texas can say 'see ? even my bank account is bigger in Texas ?' We're simply robbing ourselves out of our full potential as humanity. Try saying that - I just did for the first time - ever, 'as humanity'. What a feeling it evokes indeed. Perhaps for now, we can shoot for 'Like humanity' - but we first have to see humanity to do that

I suspect just as the Native Americans were distracted, deceived and lied to ? The NEW Native Americans are also being distracted with - what's this ? all of a sudden ? Humanity can inflict terror - wow - news at 11 ? Give me a break - human beings have ALWAYS demonstrated psychotic tendencies in large numbers through every kind of war imaginable - religious wars take the cake when in Latin, religere, the root - means to 'unite'. I'd say anyone who claims to be religious and promotes seperation of life or species ? is out to lunch, and they're probably going to charge it on their Citibank Visa credit card too- until either THEY or Citi just says - ya know what ? we can't cover all this leveraged debt - we're declaring bankruptcy. Fortunately Citi has United Arab Emirates to bail it out. Thank god we gave all of our hard earned Petro US Dollars to the people pumping the oil in the middle east, my god - how could Saudi Arabia declare almost a year ago it seeks to become the worlds financial and banking center, or Dubai claims it wants to become the new World trade center. Oil runs it all- last 100 years. Seems the penalty is ? denial that we are decimating out environment and our air quality for what ? so a few people can keep on raking in the tokens that represent community - e.g. money. Money is NOTHING with community support. No WONDER the FDIC went to instill confidence upping backed deposit account insurance to 250,000 USD, even if they can't actually cove

I didn't realize that the U.S. was in such bad shape. Perhaps we should get rid of the Central Bank,and make our own dollars (money),and prevent inflation/deflation,while eliminating systemic risk? Afterall that's what the Fed was meant to do,but failed miserably this(approx. every 10-15 years since it's creation in 12/23/1913)time,basically bankrupting our country. Thanks Brian(: