It is official now.

It is official now, i am no more attached with European Central Bank (ECB).

Partly relief but another half is telling "is this the right moves?"

anyhow, i am with the World Bank(WB) for next 3 years. will be based in Norway-Sweden.

i am back to my origin of interest "trust economics development" and it is nothing to do with trust-funds.

Have I lost my faith on ECB lately? my answer is not yet, remember i've got promoted to WB last june,i've been doing job for both ECB and WB ever-since and now its has to come to the end.

There are several issues that i would like to share here, mostly from my technical analysis.

There are severe indicators on the movement of Euro and the policies in some EU countries that will lead to the destruction of Euro itself, much fears has been put on France.

Like we fear what has happened in Greece,Ireland & Portugal.
French, Spanish, and Italian banks have run out of collateral and are now pledging real assets.

Next you will see a plans to restrict cash transactions over 1,000 euros (down from the current limit of 2,500 euros, or about $3,200).

and Swiss officials are preparing for the end of the euro with capital control measures.

So as i wrote here, Europe's CEOs are actively preparing for the end of the euro despite governmental reassurances.

Some, like German machinery maker GEA Group AG are limiting the maximum funds on deposit with any single bank.
Others, like Grupo Gowex, are moving cash and deposits to Germany away from Spanish banks (and Grupo Gowex is a Spanish company based in Madrid, so this is especially telling).
BMW plans to cut production by 30% while also tapping into central bank reserves, the company is already reducing its leasing portfolio to cope with the potential decrease in car values that would impact its borrowing capacity.

At the same time, money managers the world over are selling their European bonds. This is driving prices lower and yields higher to the point where the cost of debt is now prohibitive (bond prices and yields move in opposite directions).

As a result, new bank bond issuance may be down as much as 85% over the past two years, which further hobbles cash hungry European banks.

As for what all this means for our money, that's pretty clear - think SAFETY FIRST.
Stick with what you have in place now and manage the risk.

I am personally hope that it will be better future if the government-people be able to work it out and be hand to hand helping each other.

We are now in Havana, Cuba for treatment. I will resume my work February,next year onward.

HAPPY BIRTHDAY TO MYSELF- GHEEEE IM TURNED TO 34 OFFICIALLY.
MERRY X'MAS AND HAPPY NEW YEAR AND HAPPY HOLIDAY.
MAY GOD BLESSED YOU.

An Evening in Beijing!

I was invited for a lecture series in Tsinghua University- INSEAD MBA program in Beijing. Being an Alumni of INSEAD EMBA, I need to fulfil my dear Prof requests. My audience is expecting something from my past experience and current position in ECB.

Lucky me.

My topic "Economics outlook; past,present & future!"

I start with " Remember the First Laws of Economics ? For every economists, there is an equal and opposite economists" and i continue,

So for every bullish economists, there is a bearish one!" at this point some people are either laughing or puzzle! if only they ever heard so! an i continue

and The Second Laws of Economics, They are both likely to be wrong! the entire flock laughing continuously.. lol

Economics is dynamics and not static! and both might be wrong! ding dong they are laughing again! i pause and continue ,

so what are we learning in economics? i can hear everybody keep on suggesting to their partner!

Ask yourself! why do we need a car? what is the purpose of having car or any vehicle! then i praise China for their people still bike to work and elsewhere! (yeah you need to do a little praises here, you never knows with these communists)

So we discuss with merely 80 no of participants; what is nationalisation vs privatisation? open and close economics! dynamics and static! pros and cons!

It is not my talks i must say! it is interesting and yet informative and i've got to learn something newly and refreshing ideas!

Yeah! i know i am looking terribly old lately! hears hears! lets toast!

Next i am jetting to Tokyo, Japan, meeting another investors! oooohhhh

I can't tell tales my mission!

So far, since last week i was in Doha, Shanghai & Beijing

next Tokyo.

next........?

Hubby I missed you terribly! love you!

p/s light reading if you r interested:

two laws on bullish and bearish economists

by william sherden

What the Europeans Know About Toilet Hygiene That Americans Don't

To most continental Europeans, not having a bidet in their bathroom is unthinkable and even considered uncivilized. Maybe it’s time Americans put all this behind and concentrated on ways to promote the best hygiene in their bathrooms.

Here are some other potential reasons why Americans (and others) may not use a bidet in their bathrooms…

Too expensive…

Takes up too much space and difficult to install…

Impractical to use for both bowel and genital hygiene

Bidets have been around for over 250 years offering excellent personal hygiene. And the last 50 years have seen a revolution in their form and function.

So, why don’t bidets grace more American bathrooms?

This is a bit perplexing. But it may have something to do with simple social denial.

For people suffering from different kinds of bowel conditions, a bidet can also potentially offer some relief… by allowing you to avoid irritating toilet paper. Here are a few examples…

Crohn’s

Ulcerative colitis

Constipation

Hemorrhoids

Diarrhea

A bidet can potentially provide some relief from these conditions by helping you avoid the use of toilet paper.

If you ever been to any Asian country, you will find yourself with a useful bidet - a pipe hose attached in every bathroom.

Safe money, safe trees, be hygiene , practical and yet environmental friendly

It's the economy and we're not dumb!

Despite the despicable election ads from partisan red and blue politicians, we, the voters, know what is important. It is not who is or isn't a witch that matters. It is the economy.

Even people who have not lost their jobs are worried about making their mortgage or rent payments. A recent poll shows concerns about housing payments have spiked since 2008 despite some economic improvements.

Fifty-three percent survey respondents said they are "very concerned" or "somewhat concerned" about having the money to make their housing payments. Worries are more intense among those with lower income and among African Americans.

And why are people still so worried? The answer, for a lot of people, is jobs, or lack thereof.

The unemployment rate is still very, very high.

So if you think of it as being about the odds of someone losing their job and not being able to find another, there is a reason to be concerned about not being able to make mortgage payments and lost your house or your life!

WTF!

Personal Finance - Can Money Buy You Happiness?

Are you happy?

When I ask that question, what aspects of your life immediately leap to mind? Do you think of your significant other, smile, and nod yes, you're happy? Do you measure it by how often you've laughed or felt at peace?

Or did you do a quick accounting of your financial well-being as a way to gauge your contentedness?

Can money buy happiness?

We say it can't because, well, that's what we are supposed to say. But turns out a recent Gallup World survey found people do think money can buy happiness.

"Pulling in the big bucks makes people more likely to say they are happy with their lives overall -- whether they are young or old, male or female, or living in cities or remote villages, the survey of more than 136,000 people in 132 countries found."

Okay, actually money can only buy one component of happiness, according to the poll.

"'Yes, money makes you happy -- we see the effect of income on life satisfaction is very strong and virtually ubiquitous and universal around the world,' said Ed Diener, a professor emeritus of psychology at the University of Illinois who led the study. 'But it makes you more satisfied than it makes you feel good. Positive feelings are less affected by money and more affected by the things people are doing day to day.'"

People may initially define their happiness by income because they are comparing themselves to the ubiquitous Joneses--you know, the people who always seem to be living better than you with their nice house, luxury car and trendy clothes. But here's something to consider: Many of the people you envy for their outward appearance of wealth are probably just as jammed up with debt as you are - or a paycheck away from being broke.

The findings from the poll were published in the July issue of the Journal of Personality and Social Psychology. The survey involved detailed questioning in 2005 and 2006 of 136,839 residents age 15 and older.

The study also shows how the United States compared with several countries on the happiness scale.

So have you measured your happiness by how much money you have, and if so, how's that working for you?

"Can Money Buy You Happiness?"

South Africa 2010- FIFA World Cup

Sport is good, and competing in any sports under your country badge is yet superior and double the enormity if you have won a medal and brought a pride for your country.

But sport has it very own meaning these years after millennium, if you want to judge the sport during ancient Greek civilization; which is to halt the war from far arising and to unite every people of the world, very much indigenous ideas.

My Favorite team

What i have foreseen from now on, sports have a great interest among opportunists. It has by all meant created a wealth, not only for the players, but to the great venture of business deal.

Where great opportunity now comes with great deal of profits!

I have read somewhere in FIFA bulletin clearly mention that World Cup 2010 in South Africa has already dwarfing World Cup 2006 in Germany.

And what is this meaning?

It clearly understated that the increase of funds from Private Corporation with an exclusive agreement from rights to broadcast to the official complimentary items and everything from foods and beverages.

FIFA have Six Major Sponsors altogether and Three Innovative Sponsors for World Cup 2010. This summer’s World Cup in South Africa is estimated to make a record $3.34 billion.

My question is! What is the Return of Investment to South Africa states, apart from local tourism? From record breaking profits for World Cup 2010, how much will these benefits the people of South Africa?

Point to ponder!

Can the USA and Europe cut their way to economic prosperity? Probably not.

If British voters thought they had replaced the dour visage of Labour Prime Minister Gordon Brown with an optimistic one in fresh-faced Tory David Cameron, they were sadly mistaken.

On June 7, the new PM Cameron brought down the hammer, telling the British public that the most urgent issue ahead "is our massive deficit and our growing debt.

How we deal with these things will affect our economy and our society, indeed our whole way of life." With a deficit set to top 11 percent of gross domestic product this year, and a debt of $1.12 trillion and rising,

Cameron prescribed a harsh regimen of spending cuts and possible tax increases. Tony Blair's motto was "Cool Britannia." Cameron's is likely to be "Austerity Now!"

most developed economies responded to the global financial crisis in 2008 and '09 with stimulus: They increased government spending and cut taxes.

In slack times, the government needs to fill in for diminished private demand. But 2010 is shaping up to be a year of parsimony.

To win support for an international bailout, Greece enacted a tough package of budget cuts and tax increases.

Spain's left-wing government at the end of May slashed civil-servant pay by 5 percent and froze pensions—even though one in five Spaniards is out of work.

Recently, German Chancellor Angela Merkel unveiled a $144 billion package that would raise taxes on airline flights and cut defense spending and public works—and Germany's deficit is a manageable 5 percent of GDP.

We're not hearing that kind of rhetoric in the United States yet, but the new austerity has crossed the pond.

Even though unemployment remains at 9.7 percent, a proposed jobs bill out of concern for the deficit. President Obama recently called for federal agencies to identify cuts of up to 5 percent in 2012.

States and cities are slashing budgets and raising taxes! Paul Krugman has called "the pain caucus" is in the ascendancy.

Many, especially slow-growing, highly indebted countries in southern Europe see austerity as a way to avoid the fate of Greece. Others are reacting to fears of stimulus-induced inflation.

So, my simple piece of word would be " Lets avoid the WAR!"

People ain't learning anything that WAR will and never would brings any balanced in their social life. and i better stop here.

What Drives Consumers' Purchasing Behavior of Petrol Car Engine Oil?

What Drives Consumers' Purchasing Behavior of Petrol Car Engine Oil?

In order to survive and also to stay ahead of the competition, clearer understanding of the current factors that influence the engine oil purchasing factors is necessary;

We have two main factors; marketing mix and consumer characteristics, does have a factors were tested to see if they were valid and had a correlation with the actual purchasing actions.

The Prominent factors influencing the purchasing behavior came out to be "Value for Money", "Level of Consumers" Direct Accessibility of Contact", "Adventurous" and "Social Acceptance".

All of these factors portrayed correlations with the actual engine oil purchasing behavior except for the "Value for Money" aspect.

In nutshell, at the end of the present study(2009) in United States of America:

1 - Value for money is NOT related to the actual purchasing action.

2- Consumers' direct accessibility or contact i positively related to the actual purchasing action.

3- Social acceptance is positively related to the actual purchasing action.

4- Adventurous character of consumer is positively related to the actual purchasing action.

Our National Debt...

$13,050,826,460,886.97

That’s what the National Debt topped this week, a record.

Go ahead, let it soak in: Thirteen trillion, fifty billion, eight hundred twenty-six million, four hundred sixty thousand, eight hundred eighty-six dollars . . . and ninety-seven cents.

Seen on the “debt clock” in Times Square,My hubby Mr Steve are saying that number seems little more than an abstraction, something almost impossible to process.

But think about it this way: If you earned one dollar every second, it would take you 416,000 years to earn enough money to pay it off. Or consider: Alex Rodriguez earned $33 million last year, making him the highest paid player in baseball. It would take nearly 400,000 Rodriguezes to earn that much money.

But that’s what our children and grandchildren now owe.

Actually, that’s just part of the debt we have dumped on future generations. That’s because most of what the government owes isn’t on the official books.

No wonder the bond-rating firm Moody’s recently warned that the US government was at risk of losing its AAA credit rating.

This is not a partisan issue. When the bastard George W. Bush became president, the entire federal budget was $1.2 trillion. By the time he left office, it was $2.9 trillion, the biggest increase since World War II. A budget surplus in 2000 had become a $400 billion deficit at the end of Bush’s term.

But President Obama makes Bush look like a skinflint. He’s proposed a budget this year that would top $3.8 trillion.

His signature initiative so far is a new health care entitlement, which will add hundreds of billions to the federal deficit over the next 10 years, and trillions more beyond that

Congress doesn’t seem to care, treating debt as an abstraction, monopoly money, someone else’s problem. Let them deal with what happens when the US becomes Greece. Except that day may be sooner than they think.

There is no way to tax our way out of this mess. Just keeping up with currently projected spending would require raising both the corporate tax rate and top income tax rate from their current 35% to 88%, the current 25% tax rate for middle-income workers to 63%, and the 10% tax bracket for low-income workers to 25%.

And that’s just at the federal level. State and local taxes would be added on top of that.

Does anyone really believe that our economy can survive that kind of taxation?

If Democrats and Republicans continue to spend like drunken sailors, it won’t really matter who pays the bar bill.

Whether government borrows the money or raises it in taxes, every dollar that government spends is a dollar siphoned off from American workers, making us less productive, less prosperous and less free.

Sooner or later, someone is going to have to have the courage to say “No.”

The Booty Comes to Me

IT has comes to me! lalalala

I know lots of secret! heheheheh (with devilish smile)

Does everybody knows? before 9/11 tragedy, the state of economy of USA is no more dominated by Jews Corporation/Individual.

It was lead by the Middle East Financial House. ( YES YES, i have the reports in front of me, now) and the same situation occurs in EU too.

The Oils Economic Factor, i called it. and How is the state of investment after 9/11?

Never better...hahahahah!

The Domino power does not make an investment from Middle East smaller!

So, if we thoughts that Western Economics Fortune are growing on its own! you are so wrong!

Will Great Britain survive after few European Union Countries collapses?

How many Corporation in London Stock Exchange owned by Foreign Entity?

Tell me Sir! what is the current state of spending of Great Britain?

Will the Queen of England @ the Royal Family willingly by all meant selling their Crown Jewel to bailout this beloved country?

Call me NASTY BUGGER! but if the state of Economics of Great Britain is not moving in the next 6 month! disaster will that be!

As we (Group of Economists) have presented in our report to EU. Why EU must stand United in their decisions to save @ bailout the PIGS (Portugal, Italy/Iceland, Greece & Spain) ?

Simply to have to secured the Domino's effects from spreading the entire Europe, 1. 2nd would be to secure the continuous investment from Foreign states! and last is to reinstate the Euro.

Euro might need to be block or put to one value in the next seasons only IF they should know the reasons!

What with Open Market when you are not sure what should be open and what should not be open.

Like i always said " World are Dominated by STUPID PEOPLE" who very much likely to "SWEEP ALL THE PROBLEM UNDER THE CARPET". and

before you notice it! These has already turns to BAD, STINKY, ROTTEN ASSHOLE that non ANTI-AGING CREAM SOLUTION would do any good to em!

Just like MJ's. I do pity him btw....

Where i am......

Very good morning from Brussels.

It has come to my understanding that US Senate votes to continue debating a bill that would overhaul financial regulations, dealing a setback to Democratic leaders, who wanted to move towards a final vote on the legislation.

The motion to end debate fell three votes short of the two-thirds majority required.

On the other hand Germany has taken up the next control measure by ban in "naked" short-selling. Where speculators sell assets they do not own, in the country's top banks, eurozone government bonds and credit protection on those bonds.

If only United States of America (during bastard bush's administration) would realize ages before economics turmoil, we could be save under the jacket!

Yes! i am now stand on my two feet with a gun's fully loaded. Back on working with European Central Bank (ECB). I' m in the Committee put for G20 meeting next month, focus on the Investment terms for the whole bailout systems to save Euro.

Too many people to meet and remember! apart from working under urgent atmosphere, it look like everybody knew me out of blue and time is the essence and future lies in-front.

The Economic point of view.

The author has taught me Economics during M.A Econ.

Can you have a common monetary policy and currency without a common government?

Euro was a good idea initially from an economic point of view, but that the forces behind it had been political, and the project had been caught between countries’ desire to remain independent and having to give up some of their sovereignty.

“I think Europe’s going to have to decide in the end whether to get more integrated or to get less integrated, in which case the euro is the question.”

According to White House economic advisor Paul Volcker said Thursday that the lesson of Europe’s current woes is that the euro zone will have to integrate to a greater or lesser degree than its present state.

It wasn't his place to tell Europe what to do, but he said it was a big issue.

Talking on what measurement has been taken up by European Union (EU),

EU finance ministers and the International Monetary Fund agreed Monday to commit 750 billion euros to support euro-zone governments that have difficulty borrowing in the international bond markets,

while the European Central Bank (ECB) began to buy euro-zone government bonds in an effort to bring down borrowing costs. The unprecedented package of measures responded to concerns that strains linked to the Greek debt crisis could spread.

This my darling, will definitely put the countries like Portugal, Italy/ Iceland, Greece, Spain (PIGS) on fire. I am not sure how people will react, a Government with EU Financial Controllers sitting in every Board of Executive of Ministries department, higher or new improvement on Taxes and Excess Duties, and on top of it, is the decision power exhale by the Prime Minister of the country has now gone with the wind.

As an Economist, i believe that any Government should protect all their citizens, by hook or by crook! so taking an easy step in every departments would create a harmonious environment rather than acrimonious.

Surely, i need a public policy personnel to help me on this matter. A well known exemplary among their peers. A wise men as a leader and doers not the sweet talker.

During my years of service as Economic Planner in Middle East country, I have exhale by acts upon exemplary. Showing mercy to all levels of people and trustworthy.

Pray for me-self, i am taking up the one year contract with ECB and EU's and IMF and God, to be able to fixed some mistakes and leave this very world with dignity. My closest friends said "i am nuts and would ended nowhere with many problems".

Steve's is very supportive and he'd always be with me, come rain or come shine.

Would love to give a try.....by God's willing.

How much would a Greek devaluation help?

Many commentators now believe that Greece will end up restructuring its debt — rather a harsh way for partial rejection or refusal. I agree. But the reasoning seems to stop there, which is wrong. In effect, the consensus that Greece will end up defaulting is probably too optimistic. I’m growing increasingly convinced that Greece will end up leaving the euro, too.

I’ve basically laid out the logic here: even with a debt restructuring, Greece will be in deep trouble, forced to engage in severe austerity(government spending) — and provoke a deep slump — just to close the primary, non-interest deficit.(Gosh!)

The only thing that could reduce that need for austerity would be something that helped the economy expand. This would reduce the economic pain; it would also increase revenues, reducing the needed amount of fiscal austerity.

But the only route to economic expansion is higher exports — which can only be achieved if Greek costs and prices fall sharply relative to the rest of Europe.

If Greece were a highly cohesive society with collective wage-setting, a sort of Austria, it might be possible to do this via a collectively agreed reduction in wages across the board –an “internal devaluation.” But as today’s grim events show, it isn’t.

The alternative is a devaluation — which means leaving the euro.

Any announcement of plans to leave the euro would, as Eichengreen my friend from University of California, Berkeley points out, trigger disastrous bank runs. By the same token, any suggestion by outside players, like the ECB (European Central Bank), that the option exists would amount to invoking a speculative attack on Greek banks, and therefore can’t be made. The whole thing is effectively undiscussable.

But that doesn’t mean it can’t happen. Greece is already starting to look like Argentina 2001.

Again, this isn’t an alternative to debt restructuring; it’s what might be needed in addition to debt restructuring to make the fiscal adjustment possible.

I hope that somewhere, deep in the bowels of the ECB and the Greek Ministry of Finance, people are thinking about the unthinkable. Because this awful outcome is starting to look better than the alternatives.

Economic Stimulus is shifting us from an "economic crisis" to a debt crisis.

let me tell you a secret....

Sen. Ted Kaufman (D-Del.) was virtually unknown until a few months ago. But the debate on financial regulatory reform has turned Kaufman, an appointed senator, into a liberal hero as he seeks to break up the largest banks in the country.

Under his proposal, no bank could hold more than 10 percent of the nation's total deposits, and banks could have liabilities up to only 2 percent of the nation's gross domestic product. Such provisions, he says, would force banks such as Bank of America to shrink.

Come on! Does poor and average American's are so dumb! to notice that. They are not! thou.

The bailout itself has cost billion of dollar from the tax money, our money!

As of 1 April 2010, the Treasury Department spent so far this year $202 Billion of your money on interest payments to the holders of the National Debt. Compare that to NASA at $19 Billion, Education at $53 Billion, and Department of Transportation at $73 Billion.

And here is a great example of Government efficiency in operating a project. And one more. It's going to be much worse this year!

When you buy something, all the companies involved in producing that something and delivering it, were charged a wide range of taxes, and it's part of the cost of everything you buy. The U. S. Leadership is planning to raise all corporate taxes. The price of everything you buy will go up to cover that tax cost increase. You will be paying those corporate taxes!

The "Economic Stimulus" is shifting us from an "economic crisis" to a debt crisis!

Your money is safe in a bank because the bank is able to hire qualified bankers. Don't punish them! Banks DO NOT PAY FEES, ever!!! FEES are cost of business included in price of product; customers pay them.

Business needs stimulation. How to do it? TAX RELIEF! Did the "Jobs Summit" figure this out? NO! Current Congressional actions are impacting the budget in many hidden ways. Even at the State level.

Foreclosure? Short Sale? When a bank accepts less than the original loan value, bail-out money from your pocket pays for someone elses loan!

They all have created a time bomb! as for today,Republicans voted unanimously to block an effort to overhaul financial regulations from reaching the Senate floor, pledging to hold out for significant changes to the bill even as they acknowledged the political risk of appearing to obstruct a popular cause.

Yeah! Thank you for making normal people life chokes and eat our own scum

I give you some figure...

The National Debt is $12.8 Trillion!

Don’t Cry for Wall Street

Last Thursday 22 April 2010, President Obama went to Manhattan, where he urged an audience drawn largely from Wall Street to back financial reform. “I believe,” he declared, “that these reforms are, in the end, not only in the best interest of our country, but in the best interest of the financial sector.”

Well, I wish he hadn’t said that — and not just because he really needs, as a political matter, to take a populist stance, to put some public distance between himself and the bankers. The fact is that Mr. Obama should be trying to do what’s right for the country — full stop. If doing so hurts the bankers, that’s O.K.

More than that, reform actually should hurt the bankers. A growing body of analysis suggests that an oversized financial industry is hurting the broader economy. Shrinking that oversized industry won’t make Wall Street happy, but what’s bad for Wall Street would be good for America.

Now, the reforms currently on the table — which I support — might end up being good for the financial industry as well as for the rest of us. But that’s because they only deal with part of the problem: they would make finance safer, but they might not make it smaller.

What’s the matter with finance? Start with the fact that the modern financial industry generates huge profits and paychecks, yet delivers few tangible benefits.

Remember the 1987 movie “Wall Street,” in which Gordon Gekko declared: Greed is good? By today’s standards, Gekko was a piker. In the years leading up to the 2008 crisis, the financial industry accounted for a third of total domestic profits — about twice its share two decades earlier.

In his Thursday speech, by the way, Mr. Obama insisted — twice — that financial reform won’t stifle innovation. Too bad.

And here’s the thing: after taking a big hit in the immediate aftermath of the crisis, financial-industry profits are soaring again. It seems all too likely that the industry will soon go back to playing the same games that got us into this mess in the first place.

So what should be done? As I said, I support the reform proposals of the Obama administration and its Congressional allies. Among other things, it would be a shame to see the antireform campaign by Republican leaders — a campaign marked by breathtaking dishonesty and hypocrisy — succeed.

But these reforms should be only the first step. We also need to cut finance down to size.

But the fact is that we’ve been devoting far too large a share of our wealth, far too much of the nation’s talent, to the business of devising and peddling complex financial schemes — schemes that have a tendency to blow up the economy. Ending this state of affairs will hurt the financial industry. So?

A model of bipartisanship.

let me scream out-loud!

John Paulson, the hedge-fund manager at the center of the Goldman fraud case, is a model of bipartisanship. Not too long ago, he organized a fundraiser for the Republican National Committee. Then he organized one for Sen. Chuck Schumer, the Democrat who's probably most involved in planning and funding the party's senatorial races. "John Paulson supports a variety of candidates in both political parties," explained a spokesman.

But to paraphrase "The Incredibles," saying you support everyone is the same as saying you support no one. This is where our campaign finance system gets so undeniably corrupt: Paulson doesn't simultaneously believe in Chuck Schumer and the RNC. There'd have to be something wrong with you to be an enthusiastic partisan of the Fantastic Four and Dr. Doom (I'm not saying who is who in this analogy) simultaneously.

Rather, Paulson is doing something he's pretty familiar with: hedging. And the investment he's hedging isn't his political support for these actors. It's his access to them. It just wouldn't do for one party to win and freeze him out.

these 2 batard makes more American go jobless and homeless at the same time.

It's bad enough that our campaign finance system makes the rich more important constituents than, well, everyone else. But that's actually the least of its problems. More infuriating is that they system is used qualitatively differently by the rich than by the poor. It would be one thing if the situation was simply that the rich had more money to donate to the candidates that ignited their passion.

But in reality, the motivations of a child-care worker who sends $100 to Barack Obama or Ron Paul and a hedge fund manager who holds fundraisers for both the RNC and Chuck Schumer could not be more different. One is supporting a candidate. The other is investing in access to candidates.Drink, Drunk Drama!

We have, in essence, a two-tiered campaign finance system. And the politicians who benefit from it are no more eager to explain who helped structure their thinking than Goldman Sachs is to explain who helped structure its CDOs.

please click the image for wider view

Graph credit: Wall Street Journal.

My verdict says :
He would be prosecuted not less than 18 month +- in prison and release without Parol and enjoy his remaining life in Golf coast with the money he took from all the poor people! such a batard!