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	<title>THE EYERANIANS &#187; economy</title>
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		<title>Forrest Gump Explains Mortgage Backed Securities</title>
		<link>http://www.eyeranians.com/archives/195</link>
		<comments>http://www.eyeranians.com/archives/195#comments</comments>
		<pubDate>Tue, 14 Oct 2008 15:47:36 +0000</pubDate>
		<dc:creator>persiancowboy</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Politics]]></category>

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		<description><![CDATA[Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard &#38; Poor rated these boxes AAA Investment Grade chocolates. These boxes &#8230; <a href="http://www.eyeranians.com/archives/195">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><font face="Verdana, Helvetica, Arial"><span style="font-size: 14px"></span><font size="2"><span style="font-size: 17px"></span></font></font></p>
<p style="text-align: center"><font face="Verdana, Helvetica, Arial"><font size="2"><img src="http://mail.google.com/mail/?ui=2&amp;ik=0db4019ba0&amp;view=att&amp;th=11cf9f46aadde05b&amp;attid=0.1.1&amp;disp=emb" /></font></font></p>
<p><font face="Verdana, Helvetica, Arial"><span style="font-size: 12px"><br />
</span><font size="2"><span style="font-size: 14px"><strong>Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard &amp; Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime. Suddenly nobody trusts American chocolates anymore worldwide.</strong></span></font></font></p>
<p><font face="Verdana, Helvetica, Arial"><font size="2"><strong>Hank Paulson now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal. Meanwhile, Hank&#8217;s buddies, the Wall Street criminals who stole all the good chocolates are not being investigated, arrested, or indicted.</strong></font></font></p>
<p><font face="Verdana, Helvetica, Arial"><font size="2"><strong>Mama always said: &#8220;Sniff the chocolates first Forrest&#8221;.</strong></font></font></p>
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		<title>To Save Main Street Bush and Cheney Must Resign</title>
		<link>http://www.eyeranians.com/archives/192</link>
		<comments>http://www.eyeranians.com/archives/192#comments</comments>
		<pubDate>Mon, 29 Sep 2008 21:11:22 +0000</pubDate>
		<dc:creator>persiancowboy</dc:creator>
				<category><![CDATA[Dick Cheney]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[George Bush]]></category>
		<category><![CDATA[Iraq war]]></category>

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		<description><![CDATA[George Bush and Dick Cheney must resign. They have said that the economy is in grave danger and that we could be headed for another 1930&#8242;s-like depression if the U.S. Congress does not pass a $700 billion bailout bill, but &#8230; <a href="http://www.eyeranians.com/archives/192">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>George Bush and Dick Cheney must resign. They have said that the economy is in grave danger and that we could be headed for another 1930&#8242;s-like depression if the U.S. Congress does not pass a $700 billion bailout bill, but the bill failed because not enough people believe anything the Bush administration says anymore after they misled the country into war in Iraq.They said there were weapons of mass destruction in Iraq, but they were wrong. How can anyone know if their dire warnings about the need to pass a $700 billion bailout are credible. Maybe it is just more &#8220;faulty intelligence&#8221;.</p>
<p>We need a new president now, someone with some credibility and trustworthiness.</p>
<p>Bush and Cheney should recognize that they have failed and that if they remain in office, they are endangering the entire country.</p>
<p>We are the people of Main Street and we need to know if our futures are in danger because of the greed and incompetence of Wall Street, but we can not trust Bush and Cheney to tell the truth.</p>
<p>To save Main Street, Bush and Cheney must resign so that an interim president can address the immediate crisis. The first step would be to figure out if indeed there is a crisis that warrants a $700 billion bailout. We need someone we can trust to level with us.</p>
<p>Right now, we do not even know if the crisis is as dire as Bush and Cheney claim because they have mislead the country before. Why should we believe them now?</p>
<p>An interim president could restore trust between the people and the president, address the immediate crisis and hand off the White House to the next elected president on Jan 20.</p>
<p>Join us on <a href="http://www.new.facebook.com/group.php?gid=29151261837">facebook</a> for more discussion.</p>
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