Okay, Now It’s Just Creepy
As you may be able to bubble to the surface of really bad ideas we’ve talked about, there’s Phil Gramm.
I think I expressed what may border on total down dirty hard dogged disbelief when Romney was taking economic advice from Phil Gramm. Phill Gramm is famous for making a small fortune for people, if they started with a large fortune.
Phil Gramm: already in the handbasket
Phil Gramm couldn’t hammer a nail into a snowbank of economics with a sledgehammer. I would rather test bulletproof vests than let Phil Gramm touch my money. And as long as you have a biscuit you can bet he’ll get half of it. And those are his good points.
So the man Romney would trust with the economy just got about 75% of his UBS friends indicted and the police are so interested in him that his butt is hanging low. He’s crooked as a snake in a cactus patch.
And now comes this ….
GENEVA (AP) — Swiss banking giant UBS plans to cut as many as 10,000 employees, or some 16% of its staff, to drastically shrink its ailing investment bank.
News of the layoffs came as Switzerland’s biggest bank posted another big loss for the third quarter. It said Tuesday that the job cuts are part of a strategy to shore up profits.
But investors are thrilled because now their profits will go up.
There is a real special place in hell for him.
Thanks to Sam in Kyle for the heads up.
Anytime you are dealing with Phil Gramm creepy is bound to come up sooner or later!
1Phil Gramm, Tom DeLay, and a number of others are the herpes of American politics. It seems that once we’ve got them they never, ever go away, subjecting us to a never-ending series of painful eruptions.
2Phil Gramm looked like a snapping turtle. Only not as bright.
Besides, Romney’s bragged all along that he’s this experienced businessman, understands how business works, blah-blah-blah. What’s Phil Gramm’s background in business (looks around, sees no sign of anything but taking lobby money…)
I have no problem believing Phil Gramm is crooked as a corkscrew, meaner than any animal life (none deserve the comparison–only some other GOP/Tea Party/ Randians are in the same ballpark)…but it’s the “smart enough to give advice anyone with money they’ve actually earned would consider following” that I have a problem with.
3I remember when all Phil wanted was to scrub the buhh-jit.
4Why are these people not in jail???
5Just askin’.
JJ……. This guy….. has always been creepy.
6Phil Gramm is the author of the Commodities Futures Modernization Act of 2000 that Clinton signed in the face of a sure override if he vetoed it (he should have vetoed it, anyway) In that nefarious act, Glass-Steagel was rescinded and he created something called a Credit Default Swap that was supposed to be just like insurance, but wouldn’t be regulated. In eight short years, Phil Gramm’s policies just about destroyed the world’s economies. Phil Gramm is the most despicable person alive today.
7I hope UBS lays off Rick Perry’s son.
8It’s almost All Hallows Eve, so it is suitable to examine the ever creepy Phil Gramm. He looks and acts like the mascot of the Zombie Apocolypse. All Saints’ Day follows and Phil sure isn’t qualified for that.
9UBS getting ready to do lay-offs? Thats unreal! Something hugely, hugely bad must be going on behind closed doors. Maybe they can replace all those people by hiring Heidi and Goat Peter and make those kids multitask until they drop dead just like all the other firms around the world that have cut back.
10Instrumental in Enron, credit default swaps, and UBS fraud. Sounds like a good Romney adviser to me.
11My long deceased grandfather had a saying. “…is so crooked you’ll have to screw him into the ground to bury him.” I know it is hard to believe but he wasn’t referring to the latest crop of repuke operatives.
12UBS London staff found out they had been fired or laid off when they got to work on Tuesday, except they hadn’t been officially (legally) fired or laid off, just locked out of the office building so they could have a nice paid vacation. UK has fairly strict laws about retrenchment.
An article in the London Telegraph http://soc.li/Gh9K9NJ has a copy of the letter they were given
Also, check #UBS on Twitter
13@Bananas, thanks for the link. Can you imagine how much damage those laid off crooked bankers could have done if they had gotten access to the UBS computers?
14I bet the I.T. people were first on the list to be kept out. They don’t want anyone accessing info they could take with them to hurt the Bank. I.T. guys would know where and what and how to get it fast. I am sure a lot of others are thinking I wish I had taken a copy of that memo home for protection.
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