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The Bakersfield Bubble Market

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Porterville School District smarter than our local "leaders"
Boycott the Bakersfield Business Conference!
San Joaquin Bank is done!
San Joaquin Bank Chairman selling his Coastal Mansion
Crisp and Cole staffer going to the pokey...
Jose Arredondo closing the Delano Chrysler store
Reich-Wing Czar stupidity called out!
Racist CONservatives looking for great White Hope (McCarthy?)
Has Bakersfield.com and other local websites becoming irrelevant?The tv stations are even worse.
Tea bag movement shrivels...
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Bush is an incompetent IDIOT!

Speculators on Wall Street have moved to oil to make money and screw over the US Taxpayer - and Bush wants us to bail them out??

From MarketWatch: Crude futures set for biggest daily price leap ever

Crude futures leaped as much as $25 per barrel, or 24.3%, shortly before the New York close Monday, to tap a high of $130 per barrel
 

 

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posted by Bakersfieldbubble on Monday, September 22, 2008 at 12:04 PM
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Here is the proposal so far: (hat tip Michael)

LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY
TO PURCHASE MORTGAGE-RELATED ASSETS


Section 1. Short Title.

This Act may be cited as ____________________.

Sec. 2. Purchases of Mortgage-Related Assets.

(a) Authority to Purchase.--The Secretary is authorized to purchase, and to make and fund commitments to purchase, on such terms and conditions as determined by the Secretary, mortgage-related assets from any financial institution having its headquarters in the United States.

(b) Necessary Actions.--The Secretary is authorized to take such actions as the Secretary deems necessary to carry out the authorities in this Act, including, without limitation:

 

http://calculatedrisk.blogs...

 

Read the entire proposal, you have just been robbed!. $1.5 trillion is going from your pocket to the pockets of the same crooks on Wall Street who created this mess.

Welcome to the USSRA!

 

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posted by Bakersfieldbubble on Saturday, September 20, 2008 at 10:17 AM
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"Some more interesting facts about Palin. The big news has been about her daughter's pregnancy, and they say that she is going to marry. Nothing has been said about this fine young 25 year old man named Levi Gourley, who leads quite the life.

He has fathered another child out of wedlock and seems to be quite the party boy. What is going on with those Palins? Link to the site below to find out more about Levi:"

http://profile.myspace.com/...

 

http://www.huffingtonpost.c...

 

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posted by Bakersfieldbubble on Monday, September 1, 2008 at 05:54 PM
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Sarah Palin with bikini and riflehttp://www.kunstler.com/gru... />

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posted by Bakersfieldbubble on Monday, September 1, 2008 at 05:08 PM
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