DUCKS FOREVER!
EL PASO ENERGY [hydroelectric dams], a subsidiary of EL PASO COMPAMY [oil pipelines and oil and natural gas] .... is a major player on our WETLANDS with DUCKS UNLIMITED !
Duck Wars Rage On! Dick Cheney Miffed!
click here for ....
Wetlands Victory over Mitigation Banks and overturning of private duck hunting club's possession of the best wetlands in Huntington, Calif., going back to 1899!
CHEVRON is SAVING our Wetlands for us and getting paid well to do it! ... click here to believe!
Please ... if you are interested or share concern in saving our wetlands, please consult the classic textbook on it, "WETLANDS: Third Edition", by William J. Mitsch & James G. Gosselin, 2000, John Wiley & Son.
What comes across clear to me after having looked the book over, is that MITIGATION BANKING should be called REPLACEMENT BANKING, in that the wetlands are being replaced much faster than the damages to them are being mitigated.....
Goldman Sachs CEO, HENRY M. PAULSON JR., our new U.S. TREASURER, called "Hank" by his buddy trillionaires, also a former Chairman of The Nature Conservancy, a big investor in Army Corps of Engineers Mitigation Banks [wetland commercial development], and in DUCKS UNLIMITED, he also serves on the Advisory Board of the Tsinghua University and the Perregrine Fund! Wanna see our money go lickety split down to China faster than you can say GOLD or SACKS of Gold? This is a lot of BUCKS, I mean DUCKS UNLIMITED! Watch Hank pull off some pranks! [his own personal fortune is worth approximately $700 million, plus options for lots more!] --THE ECONOMIST
Ducks Unlimited swimming along successfully with ATLANTIC RICHFIELD!
CHEVRON is SAVING our Wetlands for us and getting paid well to do it! ... click here to believe!Please ... if you are interested or share concern in saving our wetlands, please consult the classic textbook on it, "WETLANDS: Third Edition", by William J. Mitsch & James G. Gosselin, 2000, John Wiley & Son.
What comes across clear to me after having looked the book over, is that MITIGATION BANKING should be called REPLACEMENT BANKING, in that the wetlands are being replaced much faster than the damages to them are being mitigated.....
Goldman Sachs CEO, HENRY M. PAULSON JR., our new U.S. TREASURER, called "Hank" by his buddy trillionaires, also a former Chairman of The Nature Conservancy, a big investor in Army Corps of Engineers Mitigation Banks [wetland commercial development], and in DUCKS UNLIMITED, he also serves on the Advisory Board of the Tsinghua University and the Perregrine Fund! Wanna see our money go lickety split down to China faster than you can say GOLD or SACKS of Gold? This is a lot of BUCKS, I mean DUCKS UNLIMITED! Watch Hank pull off some pranks! [his own personal fortune is worth approximately $700 million, plus options for lots more!] --THE ECONOMIST
Ducks Unlimited swimming along successfully with ATLANTIC RICHFIELD!
Why, when nearly EVERY currency on the planet is gaining on the US dollar, as it tumbles, and the Euro is being fancied as the payment for global oil purchases, even the Russian ruble and the Georgian Lari are dancing on top of the US dollar, WHY is the INDIAN RUPEE one of the only losers in world currencies that has been trailing the weak dollar for 13 months and running?
Fannie Mae had her sights on just a few ducks....that is, until Black Monday, Jan. 21, 2008, which just might change all that.....
culled from the notes of Andrew Meyer, CUNY professor,
NYC
ARM mortgage loans -- Analysts fear that a wave of defaults could
create a vicious cycle of foreclosures and fire-sale liquidations that would
bleed U.S. real estate markets of massive equity.
While this situation is well reported, little has been said about its link to Chinese fiscal policy and U.S.-China trade relations. A disasterous Chinese-U.S. trade imbalance is married to the growing crisis of sub-prime mortgages meltdowns. China's foreign currency reserves have grown to 1.2 trillion dollars U.S. The reasons for this mounting pile of cash are well-understood: China has kept the value of the Renminbi (RMB) relative to the dollar artificially low so as to keep prices in China low and spur employment and economic growth.
What relation may be drawn between Chinese fiscal policy and the sub-prime mortgage market? $350 billion of China's foreign currency reserve is held in U.S. T-bills. A further $230 billion of this cash, however, is held in bonds issued by U.S.-backed agencies such as Freddie Mac and Fannie Mae. These latter instruments are bonds that consolidate the debt of homeowners toward the purchase of their houses, much of which was generated by the issuance of risky sub-prime mortgages.
When one parses out the motives for Chinese fiscal policy, the link between it and the sub-prime mortgage crisis becomes clear. The PRC can only keep the value of the RMB against the US dollar artificially low by parking the profits from its massive trade surplus in U.S.-denominated assets. This has created a constant fund of cheap cash available to lenders in US housing markets. Bankers do not need to stringently calculate the risks associated with sub-prime loans because they know that they can always sell off that debt to an eager Chinese treasury in the form of a US-backed T-bill bond. The chronic need of the Chinese fisc to hypercirculate RMB has thus created a number of economic aberrations, including a Shanghai Stock-market bubble at home and a US real-estate market bubble abroad.
What the long term effects of this situation will be is anyone's guess, but most economists would agree that when there is a bubble it is bound to burst. The effects will not be good, the only open question is their ultimate severity. One lesson from the situation is clear: US complacency about the domestic political situation in China is self-defeating. US leaders express frequent frustration over Chinese fiscal policy and the distorting effect it has on CHINA-US trade, but this ignores the deeper structural motives that perpetuate the anomaly.
While this situation is well reported, little has been said about its link to Chinese fiscal policy and U.S.-China trade relations. A disasterous Chinese-U.S. trade imbalance is married to the growing crisis of sub-prime mortgages meltdowns. China's foreign currency reserves have grown to 1.2 trillion dollars U.S. The reasons for this mounting pile of cash are well-understood: China has kept the value of the Renminbi (RMB) relative to the dollar artificially low so as to keep prices in China low and spur employment and economic growth.
What relation may be drawn between Chinese fiscal policy and the sub-prime mortgage market? $350 billion of China's foreign currency reserve is held in U.S. T-bills. A further $230 billion of this cash, however, is held in bonds issued by U.S.-backed agencies such as Freddie Mac and Fannie Mae. These latter instruments are bonds that consolidate the debt of homeowners toward the purchase of their houses, much of which was generated by the issuance of risky sub-prime mortgages.
When one parses out the motives for Chinese fiscal policy, the link between it and the sub-prime mortgage crisis becomes clear. The PRC can only keep the value of the RMB against the US dollar artificially low by parking the profits from its massive trade surplus in U.S.-denominated assets. This has created a constant fund of cheap cash available to lenders in US housing markets. Bankers do not need to stringently calculate the risks associated with sub-prime loans because they know that they can always sell off that debt to an eager Chinese treasury in the form of a US-backed T-bill bond. The chronic need of the Chinese fisc to hypercirculate RMB has thus created a number of economic aberrations, including a Shanghai Stock-market bubble at home and a US real-estate market bubble abroad.
What the long term effects of this situation will be is anyone's guess, but most economists would agree that when there is a bubble it is bound to burst. The effects will not be good, the only open question is their ultimate severity. One lesson from the situation is clear: US complacency about the domestic political situation in China is self-defeating. US leaders express frequent frustration over Chinese fiscal policy and the distorting effect it has on CHINA-US trade, but this ignores the deeper structural motives that perpetuate the anomaly.
Chinese leaders continue to prime the economic pump that is causing
securities and real estate bubbles for fear of the political consequences of any
degree of economic slowdown. They hope that they will not be held to account for
failing to deliver fundamental political reform as long as the Chinese economy
continues to enjoy robust growth. How long this inherently unstable situation
can be sustained is an open question. The political consequences of
acute economic collapse are likely to be far more grave than
the instability that might be engendered by proactive and preemptive reform, but
this contingency does not seem to have registered upon China's nor America's
Wall Street nor Goldman Sachs leadership. An acute collapse is
certain to occur.
January 21, 2008 -- ``The monolines are dead, their business model is dead,'' said David Roche
The tipping point came last year when the three major rating companies downgraded thousands of CDOs. Ratings on more than 2,000 CDOs were cut in November alone, according to a Dec. 13 UBS AG research report.
Maryland Insurance Administration held off filing delinquency proceedings last month while ACA sought capital. ACA was required under its credit-default swap contracts to post collateral if its rating fell below A-.
ACA gained 2 cents, or 4 percent, to 48 cents in over-the- counter trading on Jan. 18 in New York.
``The monolines are dead, their business model is dead,'' said David Roche, head of investment consultancy Independent Strategy in London. ``The government is going to have to recapitalize this industry or there will be communities in the U.S. where they can't even flush their toilets'' because they can't afford the services.
The Federal Reserve may need to organize a bailout, Nangle at Barings said. ``More generalised monoline meltdown would be a situation that would require intervention by the New York Fed,'' said Nangle. The regulator should ``get all the banks into a room, have them open their books, and then lean on them to inject capital.''
-- reporting by John Glover in London. Editors: Emma Moody, Gavin Serkin
The vast majority of Fannie Mae's mortgages are loans to borrowers with good credit, but over the past five years the government sponsored enterprise became exposed to mortgages that were made to people with poor credit - subprime mortgages - and to mortgages that were made with incomplete documentation of borrowers' income, called Alt-A mortgages in industry parlance.
One way that Fannie increased its exposure to subprime and Alt-A mortgages was to buy bonds backed with these types of loans. While these subprime and Alt-A mortgage-backed bonds are only a small proportion of Fannie's overall mortgage holdings, their combined value of $76 billion is almost double Fannie's $40 billion of capital, which is the net worth of a company and the last cushion against losses.
....
KENNETH TOMLINSON, bedmate of GW & Newt Gingrich, defending his email records from investigators digging up his purchase of expensive Arabic race horses on the PBS and VOA dollar!
U.S.
middle class in bloody tatters....Borrowing over $40 BILLION a year just for
basic survival from loan sharks
THE ADRIAN REPORT ON
FANNIE MAE 
SMITHSONIAN's Lawrence M. Small pulled deep into doo-doo voodoo Fannie Mae
AND outrageous Showtime scandal! ... click here
U.S.
middle class in bloody tatters....Borrowing over $40 BILLION a year just for
basic survival from loan sharks ... click here
... Largest labor union in Ontario
overwhelming votes to BOYCOTT Israel, as did the largest union of university
teachers in England ... spearheading a global campaign to depict ISRAEL as an
APARTHEID State!.... click here! 
Don't be shy, CLIQUE me now!
HOORAY FOR BLACK TUESDAY!! Long live
the STRIKING FRENCH NATION!! Screw cheap and outsourced labor!!
What
is a MITIGATION BANK and what does it have to do with military engineers and
wetland swap deals and New Orleans Reconstruction? PALACIO !!!
click here for how AIPAC and WINEP have made a SEWER out of our democracy. Why we need to turn our backs on ISRAEL when the World Court condemns their annihilation of the Lebanese cities and towns and medical and water plants infrastructure, as CRIMES AGAINST HUMANITY!
The King of tracking
neuro-prosthetic brain implantation 'shadow activities', Andrew
Bestor, supertramp of 'tramp journalists' on the internet, brings
you in his NEW NATIONAL THEATER web-encyclopedia, all you really
DON'T need to know [it will scare you] about nanobot injections,
brain cortex inserts while sleeping, remote viewing and synthetic
telepathy .... all futuristic descendents of the MKULTRA program but
in use in too many involuntary places, click here and prepare to
spend your life wrapped up in tin toil to deflect the invasive
microwaves, once 'they' know you have found out their secrets! 
The Queen of prying open lies and
misdemeanors and felonies just like cheap tins of sardines, buried
within our Army Medical and NIH and CDC and FDA monkey houses of
trick mirrors, KATHLEEN DICKSON, supertrampessa of 'tramp journalists'
on the internet, expert & scientist on Borrelia burgdorferi, aka,
Lyme Disease, and also chief activist guiding Lyme victims to
counteract the propoganda of Yale and The Lyme Disease Foundation
Inc., brings you her own Lyme disease and related politics weblog
called ACTION LYME .... click here now and be riveted by the truth !
