Wealthy and Elite Pork Belly Christmas Tree Wall Street Bailout Bill

I've just finished going through the Wall Street Bailout bill that is adorned with Christmas balls for the upward mobile, that provides NOTHING for the average American, with but one notable exception.

If you are an average American struggling to make your mortgage payments, I highly recommend you consider no longer making your mortgage payments, letting the bank start foreclusure on your home. At least then you have a SMALL CHANCE at the following benefits:

(A) reduction in interest rates;
(B) reduction of loan principal; and
(C) other similar modifications.

For the rest of us...NOTHING. Our interest rates will stay the same, we will recieve no reduction in our principle owed, even though the misdeeds of others have cost us our equity. The only thing we will get, is our portion of the debt from this BAILOUT FIASCO.

Most troubling...this bill will make Secretary of the Treasury Paulson the most powerful man on earth. The bill gives this man never before dreamed of powers, writes into the law his absolute authority.

My advice to every American earning less than $100K a year...stop making payments on your house, your credit cards, and any other loans, including your car. Go buy a safe, and start banking your CASH.

A Turd Is a Turd!

I'm just a dumb old country boy, but I know one thing: A turd by any other name (Recovery Plan) is still a turd (Wall Street Bailout). Give us a break, the Senate wants to TEMPORARILY raise the limit on FDIC insurance (which will cover a small handful of RICH PEOPLE), and have us believe this is now a Main Street Recovery Plan...Washington DC, our elected officials, and every lobbyist can suck my red on the head dog dick! By the way Politicians, let me give you a CLUE...this is NOT the time to be having your staff''s calling us on the phone encouraging us to vote for them...right now we do not want to hear SHIT from any of you!

Your Tax Dollars Used To Make UBER RICH Even Richer...STOP OVERSEAS INVESTMENT OF OUR TAX DOLLARS...Dismantle OPIC

Overseas Private Investment Corporation...a wholly owned PRIVATE United States Government owned company that takes OUR TAX DOLLARS and lends them to UBER RICH Corporate Tycoons so they can invest in OTHER NATIONS, getting richer WITH NO RISK. Call your elected officials on this, stop the GRAVY TRAIN...trying to convince us that this is a VALUABLE STATE DEPARTMENT TOOL is BULLSHIT!

• As a tool of U.S. foreign policy, OPIC provides loans, loan guarantees, and insurance for U.S. companies investing overseas. Including Political Risk Insurance that guarantees these companies NEVER LOSING A DIME, and all backed with our TAX DOLLARS.
• OPIC has helped launch and finance private investment funds that purchase ownership in foreign companies. Again, with OUR TAX DOLLARS!
• OPIC estimates that it (and ultimately U.S. taxpayers) has billions of dollars in exposure to losses on defaulted loans and insurance claims. It is time to end our tax payer EXPOSURE!

The Overseas Private Investment Corporation (OPIC), a wholly owned government corporation established in 1971, provides taxpayer-backed loans, loan guarantees, and insurance to U.S. businesses for investments in "politically risky" countries. According to OPIC, since 1971 the agency has supported $121 billion in overseas investments and has helped to generate $58 billion in U.S. exports, thereby creating more than 237,000 U.S. jobs. (OPIC doesn’t discuss lost U.S. jobs, increased U.S. imports, and cuts in U.S. exports as a result of the agency’s support for foreign, rather than domestic, investment by U.S. companies.) In 1998 alone, OPIC sponsored 47 projects in more than 30 countries. More than half of OPIC’s portfolio is in the power and financial services sectors, and almost two-thirds is in the Caribbean, Central and South American, and Asia/Pacific regions.

OPIC offers up to $400 million in combined support for a single project—$200 million in financing and $200 million in insurance. ALL PAID FOR WITH OUR TAX DOLLARS. Financing is available for new ventures and for the expansion or modernization of existing operations. Loan guarantees usually go to large projects and vary in size from $10 million to $200 million. OPIC provides direct loans for projects involving small businesses and cooperatives. According to the OPIC program handbook, the agency is supposed to consider what contribution a proposed project might make to the economic and social development of the host country before approving loans or loan guarantees.

The agency also sells insurance against: (1) currency inconvertibility—the deterioration in an investor’s ability to convert profits, debt service, and other remittances from local currency into U.S. dollars and to transfer those dollars out of the host country; (2) the loss of an investment due to expropriation, nationalization, or confiscation by a foreign government; and (3) the loss of assets or income due to war, revolution, insurrection, or politically motivated civil strife, terrorism, or sabotage. (We pay for this with OUR TAXES, yet not one AMERICAN can get insurance to cover our home from a nuclear accident at a nuclear reactor facility-See Price Anderson Act.) As part of its efforts to promote foreign investment by U.S. companies, OPIC holds seminars and conferences to explain its services. It also escorts corporate executives on foreign investment missions to meet business leaders, government officials, and potential joint-venture partners.

In the mid-1980s, OPIC began to establish private funds that purchase shares of ownership in overseas investments. By 1998, OPIC had launched almost 30 of these funds, such as the Poland Partners Fund and Aqua International Partners, to provide capital for investments in low-income countries and former nonmarket economies. OPIC selects the fund managers and provides long-term loans and loan guarantees that supplement a fund’s privately raised equity. (OPIC has spent ENOUGH OF OUR TAX DOLLARS TO PAY FOR THE ENTIRE $700 BILLION DOLLAR BAILOUT OF WALL STREET, and again WITH OUR TAX DOLLARS.)

OPIC claims to be a "self-sustaining" agency that generates revenue by selling its financing and insurance services to U.S. businesses. In 1998, 53 percent of OPIC’s revenues came from interest on its U.S. Treasury securities. Additionally, Congress sometimes appropriates funds from the foreign aid budget for specific projects, such as special programs that provide financial backing for U.S. investment in the former Soviet Union. If borrowers default on loans or if insurance claims are filed, the risk ultimately is borne by the U.S. government and taxpayers. As of September 1998, OPIC estimated that its noncollectable loans would total more than $7 million, that its exposure to credit risk under its loan guarantees was $6.3 billion, and that its exposure to insurance claims was, conservatively, $6.9 billion.

According to OPIC’s President and Chief Executive Officer, George Muñoz, in his fiscal year 2000 budget request, "[OPIC’s] budget will provide OPIC a solid base to help America compete globally while mobilizing private sector investment in support of U.S. foreign policy goals." Similarly, OPIC’s former President Ruth Harkin had testified that "OPIC-backed investments play a vital foreign policy role," because the Clinton administration has "made trade and investment promotion a major priority of foreign policy initiatives."

Some examples of our TAX DOLLARS Wrongfully creating JOBS AND WEATH outside of America!

THE FIRST DEPOSIT OF OVERSEAS PRIVATE INVESTMENT(OPIC) CORPORATION Article from: A&G Information Services Article date: November 29, 2002 More results for: opic or "overseas private investment corporation" Copyright informationProvided by ProQuest LLC. (Hide copyright information)

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THE FIRST DEPOSIT OF OVERSEAS PRIVATE INVESTMENT(OPIC) CORPORATION

ST.PETERSBURG, RUSSIA, NOV 24, 2002 (A&G News via COMTEX) -- TheBoard of Directors of OPIC approved the creationof the investment fund for Russia with a capitalof $210 million. OPIC will provide an investmentguarantee to the fund in the amount of $70million. The managing process will be carriedout by the ...

	THE WHITE HOUSE: Mallett named to the Board of Directors of Overseas... M2 Presswire; July 28, 1998 ; 242 words...of Directors of the Overseas Private Investment Corporation (C)1994...of Directors of the Overseas Private Investment Corporation. Mr. Robert...Harvard Law School. The Overseas Private Investment Corporation is a self-sustaini...
	THE OVERSEAS PRIVATE INVESTMENT CORPORATION. Latin Trade; July 1, 2000 ; 28 words... THE OVERSEAS PRIVATE INVESTMENT CORPORATION (OPIC), a U.S. government investment agency, will finance US$350 million in energy sector projects in Brazil, Guatemala and Venezuela.
	Pikarski Named to Overseas Private Investment Corporation Polish-American Journal; September 1, 1998 ; 267 words...09-01-1998 Pikarski Named to Overseas Private Investment Corporation President...Pikarski, Jr. to the Overseas Private Investment Corporation (OPIC...delegations to Poland. The Overseas Private Investment Corporation assists...
	PRESIDENT CLINTON NAMES GEORGE "BUDDY" DARDEN AS A MEMBER OF THE BOARD OF... Regulatory Intelligence Data; October 26, 2000 ; INDSTRY GROUP 91; 199 words...of Directors of the Overseas Private Investment Corporation (OPIC...University of Georgia. The Overseas Private Investment Corporation is a self-sustaini...by encouraging U.S. private investment in those nations. NO...
	Office of the Press Secretary -- President Clinton names George "Buddy"... M2 Presswire; October 30, 2000 ; 256 words...of Directors of the Overseas Private Investment Corporation (C)1994...of Directors of the Overseas Private Investment Corporation (OPIC...University of Georgia. The Overseas Private Investment Corporation is a self-sustaini...
	PRESIDENT CLINTON NAMES GEORGE BUDDY DARDEN AS A MEMBER OF THE BOARD OF... Regulatory Intelligence Data; December 22, 2000 ; INDSTRY GROUP 91; 215 words...of Directors of the Overseas Private Investment Corporation (OPIC...University of Georgia. The Overseas Private Investment Corporation is a self-sustaini...by encouraging U.S. private investment in those nations. NO...
	Office of the Press Secretary - President Clinton names George "Buddy"... M2 Presswire; December 27, 2000 ; 272 words...of Directors of the Overseas Private Investment Corporation (C)1994...of Directors of the Overseas Private Investment Corporation (OPIC...University of Georgia. The Overseas Private Investment Corporation is a self-sustaini...
	Overseas Private Investment Corporation A Dictionary of Finance and Banking; 39 words... Overseas Private Investment Corporation (OPIC) A US government organization that lends to developing nations and underwrites loan guarantees. It was formed in 1961 to support private investment in developing countries. See also RUSSIAN COUNTRY FUND .
	-THE WHITE HOUSE: John Pikarski, Jr. Named to Board of Directors, Overseas... M2 Presswire; July 16, 1998 ; 320 words...Board of Directors of Overseas Private Investment Corporation (C)1994...of Directors of the Overseas Private Investment Corporation. Mr. John...College of Law. The Overseas Private Investment Corporation (OPIC) assists...
	THE WHITE HOUSE: President names Zell Miller to Bo Board of the Overseas... M2 Presswire; July 30, 1999 ; 244 words...of Directors of the Overseas Private Investment Corporation (C)1994...of Directors for the Overseas Private Investment Corporation (OPIC...University of Georgia. The Overseas Private Investment Corporation (OPIC) assists...
	President Clinton Names Miguel D. Lausell as a Member of the Overseas... U.S. Newswire; July 21, 2000 ; 245 words...LAUSELL AS A MEMBER OF THE OVERSEAS PRIVATE INVESTMENT CORPORATION The President...Lausell as a member of the Overseas Private Investment Corporation. Mr. Miguel...Harvard Law School. The Overseas Private Investment Corporation (OPIC) assists...
	THE WHITE HOUSE: Pres names member of the Board of Directors of Overseas... M2 Presswire; January 8, 1999 ; 286 words...of Directors of the Overseas Private Investment Corporation (C)1994...of Directors of the Overseas Private Investment Corporation. Mr. Melvin...by encouraging U.S. private investment in those nations. Organized...
	ADVISORY/Trade and Commerce Secretary Lon Hatamiya to Address Overseas... Business Wire; May 4, 2000 ; 283 words...speakers during the annual Overseas Private Investment Corporation (OPIC) International...will also present the Overseas Private Investment Corporation with an...Hatamiya's remarks. WHAT: Overseas Private Investment Corporation (OPIC) Investment...
	Office of the Press Secretary -- President Clinton names Miguel D. Lausell... M2 Presswire; July 25, 2000 ; 292 words...Lausell as a member of the Overseas Private Investment Corporation (C)1994...Lausell as a member of the Overseas Private Investment Corporation. Mr. Miguel...Harvard Law School. The Overseas Private Investment Corporation (OPIC) assists...
	President Names Zell Miller to Overseas Private Investment Corp. Board of... U.S. Newswire; July 29, 1999 ; 190 words...member of the Board of Directors for the Overseas Private Investment Corporation (OPIC). Gov. Zell Miller, of...M.A. from the University of Georgia. The Overseas Private Investment Corporation (OPIC) assists U.S. investors...

See all results

Time For American Money To Stay In America...Disband "Overseas Private Investment Corporation" OPIC

As stated in an earlier article, the time has come for our Congress to disband the OPIC (Overseas Private Investment Corporation, and keep American Money IN AMERICA, working for America. If you wonder how much of our money is steered overseas through this quasi governmental organization, all you have to do is start looking. I found over 4,000 web sites that link to the OPIC, most of them foreign countries, or US Embassies in Foreign counties, with the occassional bank thrown in for good measure...visiting some of these sites, examing some of the PUBLIC ACCESS DOCUMENTS is and eye opener. I have taken the liberty of posting some of the links in this article.

Further, in one of the documents found, I saw a break down of FDI (Foreign Direct Investment) in countries from around the world...again, I have taken the liberty of posting some of the figures in this article. What is apparent, is the time has come for OUR MONEY to STAY AT HOME, it is time for America, and American companies to invest in America, rather than having our government helping them with the use of our tax dollars to build infrastructure in foreign lands, to outsource American jobs and manufacture to foreign countries, many of which ARE NOT OUR FRIENDS. Write your elected officials and demand the dismantling of OPIC! *note-we have up to 25 MILLION illegal aliens wrongfully working in America, the majority of them from Mexico...why is the OPIC lending them assistance, and backing up their efforts with our TAX DOLLARS....

1.
In June 2004, the Investment Promotion Agreement signed between Mexico and the
United States entered into force.[1] Under this Agreement, the Overseas Private
Investment Corporation (OPIC) may provide investment support in Mexico in the
form of insurance, co-insurance and reinsurance, participation in the equity of
enterprises and issuance of debt, as well as investment guarantees.
Support is granted for projects and activities on Mexican territory
permitted by the North American Free Trade Agreement (NAFTA) or by current
Mexican laws.
[1] Decree Promulgating the Investment Promotion Agreement
between the Government of the United Mexican States and the Government of the
United States of America, D.O.F. 14 June 2004.

A Sampling of American Dollars (for one year) invested in foreign lands...you will notice in the reading, that these sums are YEARLY investments:

The stock of U.S. foreign direct investment (FDI) in Angola in 2004 was $1.1 billion, the same
as in 2003.

The stock of U.S. foreign direct investment (FDI) in Argentina in 2004 was $11.6 billion, up
from $10.9 billion in 2003. U.S. FDI in Argentina is concentrated largely in the manufacturing,
finance, and information sectors.

The stock of U.S. foreign direct investment (FDI) in Australia in 2004 was not available,
$48.9 billion in 2003. U.S. FDI in Australia is concentrated largely in the manufacturing,
finance, and wholesale sectors.

The stock of U.S. foreign direct investment (FDI) in Bahrain in 2004 was $176 million, up from
$141 million in 2003.

The stock of U.S. foreign direct investment (FDI) in Bolivia in 2004 was $221 million,
down from $360 million in 2003.

The stock of U.S. foreign direct investment (FDI) in Brazil in 2004 was $33.3 billion, up from
$31.7 billion in 2003. U.S. FDI in Brazil is concentrated largely in the manufacturing, finance,
and banking sectors.

The stock of U.S. foreign direct investment (FDI) in Bulgaria in 2004 was $191 million,
up from $186 million in 2003.

The stock of U.S. foreign direct investment (FDI) in Cambodia in 2004 was $1 million,
the same as in 2003.

The stock of U.S. foreign direct investment (FDI) in Cameroon in 2004 was $283 million, up
from $242 million in 2003.

The stock of U.S. foreign direct investment (FDI) in Canada in 2004 was $216.6 billion, up from
$189.8 billion in 2003. U.S. FDI in Canada is concentrated largely in the manufacturing,
finance, and mining sectors.

The stock of U.S. foreign direct investment (FDI) in Chile in 2004 was $10.2 billion, up
from $9.2 billion in 2003. U.S. FDI in Chile is concentrated largely in the finance,
manufacturing, mining, and banking sectors.

The stock of U.S. foreign direct investment (FDI) in China in 2004 was $15.4 billion, up from
$11.5 billion in 2003. U.S. FDI in China is concentrated largely in the manufacturing, wholesale,
and mining sectors.

The stock of U.S. foreign direct investment (FDI) in Colombia in 2004 was $3.0 billion,
the same as in 2003. U.S. FDI in Colombia is concentrated largely in the manufacturing,
mining, and wholesale sectors.

The stock of U.S. foreign direct investment (FDI) in Costa Rica in 2004 was $1.1 billion,
up from $863 million in 2003. U.S. FDI in Costa Rica is concentrated largely in the
manufacturing sector.

The stock of U.S. foreign direct investment (FDI) in Cote d’Ivoire in 2004 was $247 million, up
from $215 million in 2003.

The stock of U.S. foreign direct investment (FDI) in Dominican Republic in 2004 was $1.0
billion, up from $816 million in 2003. U.S. FDI in Dominican Republic is concentrated largely
in the manufacturing, and wholesale sectors.

The stock of U.S. foreign direct investment (FDI) in Egypt in 2004 was $4.2 billion, up from
$3.5 billion in 2003. U.S. FDI in Egypt is concentrated largely in the mining sector.

Links to web sites that link back to OPIC:
Wachovia Corp.
Rank: 467
www.wachovia.com:80/corp_inst/page/0,,7_19_208_174...
Site info for wachovia.com

Entrepreneur.com
Rank: 3,946
www.entrepreneur.com:80/article/printthis/41846.ht...
Site info for entrepreneur.com

NNDB Rank: 585568707,86731 www.nndb.com:80/gov/817/000122451 Site info for nndb.com Arabianbusiness Rank: 10,138 www.arabianbusiness.com:80/518407-untapped-frontie... Site info for arabianbusiness.com

Accessindiana - The Official Web Portal For The State O...
Rank: 6,556
www.in.gov:80/iedc/96.htm
Site info for in.gov

U.S. State Department, Official Web Site
Rank: 10192,754
www.state.gov:80/e/eeb/cba/177.htm
Site info for state.gov

Inter-American Development Bank Rank: 4186,9168 www.iadb.org:80/countries/cof.cfm?id_country=CR&la... Site info for iadb.org

Bibliotecapleyades.net:80/sociopolitica/elite/Kissi... Rank: 8739,166 www.bibliotecapleyades.net:80/sociopolitica/elite/... Site info for bibliotecapleyades.net DOE: Energy Information Administration (EIA) Rank: 9,991 www.eia.doe.gov:80/emeu/cabs/nigeria_ipp.html Site info for doe.gov

Ludwig von Mises Institute
Rank: 31,872
mises.org:80/Community/forums/p/1425/20784.aspx
Site info for mises.org

Associated Banc-Corp
Rank: 525,473
www.associatedbank.com:80/Commercial/BusinessBanki...
Site info for associatedbank.com

Forums.airbase.ru:80/2004/02/t24787--Nuzhen-li-Rossii-a... Rank: 991423,80233 forums.airbase.ru:80/2004/02/t24787--Nuzhen-li-Ros... Site info for airbase.ru

Btinternet Rank: 197,79276,126 www.btinternet.com:80/~nlpWESSEX/Documents/WATbrit... Site info for btinternet.com/~nlpWESSEX

Work Rank: 37,17792 www.work.com:80/export-financing-55 Site info for work.com

Heritage Foundation Rank: 29,2967557 www.heritage.org:80/Research/TradeandForeignAid/hl... Site info for heritage.org

Mexico - Mexico City Rank: 3278954953,001 www.usembassy-mexico.gov:80/boletines/sp050221inve... Site info for usembassy-mexico.gov NigeriaExchange Rank: 89,408 www.ngex.com:80/business/public/newsinfo.php?nid=3... Site info for ngex.com E-sehir.com Rank: 66684531,268 www.e-sehir.com:80/turkey/Business_and_Economy/Eco... Site info for e-sehir.com Stockskenya.com:80/newsite/stkForumTopic.aspx?stk=0... Rank: 67,98595 www.stockskenya.com:80/newsite/stkForumTopic.aspx?... Site info for stockskenya.com Foreign Trade Information System Rank: 35,09481 www.sice.oas.org:80/trl/USA_e.ASP Site info for oas.org Export.Gov Rank: 4996,9523211 export.gov:80/about/exp_000874.asp Site info for export.gov Investir en zone CFA Rank: 99662,1112 www.izf.net:80/affiche_oscar.php?num_page=5654 Site info for izf.net University of Denver Rank: 37788253,44102 www.du.edu:80/gsis/career/links.html Site info for du.edu Bilaterals.org:80/rubrique.php3?id_rubrique=53 Rank: 662312867,5366334 www.bilaterals.org:80/rubrique.php3?id_rubrique=53 Site info for bilaterals.org Global Policy Forum Rank: 6117,88639 www.globalpolicy.org:80/socecon/tncs/allianceind.h... Site info for globalpolicy.org

美国驻华大使馆
Rank: 48,977
beijing.usembassy-china.org.cn:80/economic_section...
Site info for usembassy-china.org.cn

Israel Export Institute
Rank: 269,1023882
www.export.gov.il:80/Eng/_Sites/Index.asp?Category...
Site info for export.gov.il

Costa Rica - San José
Rank: 1,6407297212,247
www.usembassy.or.cr:80/trade.html
Site info for usembassy.or.cr

Paginas Amarillas Chihuahua, Chihuahua Directorio, Auto... Rank: 7140029,571 webchihuahua.com:80/US-Federal-Departments/US-Fede... Site info for webchihuahua.com

American Bankers' Association Rank: 7063207,319 www.aba.com:80/International+Relations/IR_bankorgs... Site info for aba.com Italy.usembassy.gov:80/policy/topics/humanitarian/defau... Rank: 923,21982 italy.usembassy.gov:80/policy/topics/humanitarian/... Site info for usembassy.gov

Портал информационной поддержки инноваций и бизнеса Rank: 16253,18852 www.innovbusiness.ru:80/content/document_r_1B67339... Site info for innovbusiness.ru

Russian.moscow.usembassy.gov:80/economic.html Rank: 3,982 russian.moscow.usembassy.gov:80/economic.html Site info for usembassy.gov

Zananetwork.com:80/about/news-events/events/export-... Rank: 6886,700 www.zananetwork.com:80/about/news-events/events/ex... Site info for zananetwork.com

Iraqupdates.com:80/links.php?cat=7 Rank: 261,961 www.iraqupdates.com:80/links.php?cat=7 Site info for iraqupdates.com Central Bank of Nigeria Rank: 94452831,36153 cenbank.org:80/Supervision/Inst-DM.asp Site info for cenbank.org