WHY is the USA BANKRUPT?

Informative, and mind boggling!

You think the war in Iraq is costing us too much? Read this:

Boy, was I confused. I have been hammered with the propaganda that it is the Iraq war and the war on terror that is bankrupting us.

I now find that to be RIDICULOUS.

I hope the following 14 reasons are forwarded over and over again until they are read so many times that the reader gets sick of reading them. I
also have included the URL's for verification of all the following facts...

1. $11 Billion to $22 billion is spent on welfare to
illegal aliens each year by state governments.

Verifyat:http://www.fairus.org/site/PageServer?pagename=iic_immigrationissuecenters7fd8

2. $2.2 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and free school lunches for illegal aliens.

Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML

3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens.

Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML

4. $12 Billion dollars a year is spent on primary and secondary school education for children here illegally and they cannot speak a word of English!


Verify at: http://transcripts.cnn.com/TRANscriptS/0604/01/ldt..0.HTML


5. $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as anchor babies.

Verify at http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML

6. $3 Million Dollars a DAY is spent to incarcerate illegal aliens.


Verify at: http://transcripts.cnn.com/%20TRANscriptS/0604/01/ldt.01.HTML

7. 30% percent of all Federal Prison inmates are illegal aliens.

Verify at: http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML
a rel="nofollow" target="_blank" href="http://transcripts/..cnn.com/TRANscriptS/0604/01/ldt.01.HTML%3E"; title="http://transcripts/..cnn.com/TRANscriptS/0604/01/ldt.01.HTML>"><; a>;

8. $90 Billion Dollars a year is spent on illegal aliens for Welfare & social services by the American taxpayers.


Verify at: http://premium.cnn.com/TRANSCIPTS/0610/29/ldt.01.HTML

9. $200 Billion dollars a year in suppressed American wages are caused by the illegal aliens.

Verify at: http://transcripts.cnn.com/TRANSC%20RI%20PTS/0604/01/ldt.01.HTML

10. The illegal aliens in the United States have
a crime rate that's two and a half times that of white non-illegal aliens. In particular, their children, are going to make a huge additional
crime problem in the US .

Verify at: http://transcripts.cnn/..com/TRANscriptS/0606/12/ldt..01.HTML
a rel="nofollow" target="_blank" href="http://transcripts.cnn.com/TRANscriptS/0606/12/ldt..01.HTML%3E"; title="http://transcripts.cnn.com/TRANscriptS/0606/12/ldt..01.HTML>"><>;;

11. During the year of 2005 there were 4 to 10 MILLION illegal aliens that crossed our Southern Border also, as many as 19,500 illegal aliens from Terrorist Countries.. Millions of pounds of drugs, cocaine, meth, heroin and marijuana, crossed into the US from the Southern border.

Verify at: Homeland Security Report.

12. The National policy Institute, estimated that the total cost of mass deportation would be between $206 and $230 billion or an average cost of between $41 and $46 billion annually over a five year period.'

Verify at: http://www.nationalpolicyinstitute/..org/PDF/deportation.PDF

13. In 2006 illegal aliens sent home $45 BILLION in remittances to their countries of origin.

Verify at: http://www/..rense..com/general75/niht.htm
a rel="nofollow" target="_blank" href="http://www.rense.com/general75/niht..htm%3E"; title="http://www.rense.com/general75/niht..htm>"><>;;

14. 'The Dark Side of Illegal Immigration: Nearly One million sex crimes Committed by Illegal Immigrants In The United States.'

Verify at: http:// www.drdsk.com/articleshtml
a rel="nofollow" target="_blank" href="http://www.drdsk.com/articleshtml%3E"; title="http://www.drdsk.com/articleshtml>"><>;;
http://ww/%20w.drdsk..com/articleshtml
<;
The total cost is a whopping $ 338.3 BILLION DOLLARS A YEAR AND IF YOU'RE LIKE ME HAVING TROUBLE UNDERSTANDING THIS AMOUNT OF MONEY; IT IS $338,300,000,000.00 WHICH WOULD BE ENOUGH TO STIMULATE THE ECONOMY FOR THE CITIZENS OF THIS COUNTRY.

Are we THAT stupid?

YES, FOR LETTING THOSE IN THE U.S. CONGRESS GET AWAY WITH LETTING THIS HAPPEN YEAR AFTER YEAR!!!!!


If this doesn't bother you then just delete the message. If, on the other hand, it does raise the hair on the back of your neck, I hope you forward it to every legal resident in the United States


AND PLEASE REMEMBER IT AT THE NEXT ELECTIONS IN 2012!!!

A Good Opinion, Scotchontherocksfla

Hoping for the best. !

I'll drink to that also!!!

Update to Shareholders
Posted by jeffdigenova at 2:08 pm, December 17th 2010.

I know that shareholders are expecting a Christmas miracle, but all that can be delivered at this time is the following: I have been working on a plan to build shareholder value. Funding this plan is paramount to success. Quasar, hampered by the past actions of prior management and the more recent actions, like last Friday's fraudulent filings on the Colorado SOS, does not make this a simple job. I anticipate having the first step of this plan closed by the end of 2010. A financier from Georgia is working on another phase of this plan. At close of business yesterday, closing documents were in his possession. Details of this plan can't be released until all documents are signed. I know that this may frustrate shareholders, but I am not promoting this stock. This is designed to add value to shareholders.



The team I am working with consists of two attorneys and several businessmen that are shareholders, as well as a personal friend that has 40 years experience as a corporate attorney. No personnel from prior management are part of this team. I would not continue in this position if I did not believe we could be successful for all concerned.



Legal counsel has been retained. As has been previously stated, no one will be given safe quarter. All pertinent documents from prior management have been turned over to our representation. To use prior management's terminology, justice is “imminent.”



Financials from prior management are unreliable, to say the least. No audit will ever be certified in the present condition. It will take time to sort through a year and a halves worth of financials in order to straighten this mess out. While I realize this information is a key component in making sound investment decisions, our main focus is on establishing a foundation for future ventures before we can begin to clean up the past.



There will be no more timelines for company updates during this holiday season, but rest assured, material events will be released immediately. I am not recommending anyone to buy or sell; that is a decision that each individual must weigh on their own conscience. Shareholders will have to ask themselves if they believe we are capable of success. I strongly believe in the actions that this management team is taking and in our potential to restore shareholder equity.



I will gladly meet with any shareholder at our offices in Jacksonville. If you would like to set up a meeting, please contact our Investor Relations department ( IR@quasarinternationalholdingsinc.com).

Stock

I figure skate and pretty good at it. I skated with some Pro Hockey players from the now gone Whalers in CT. Bob Crawford was one he is from Canada.

tommy2117 when ever the News comes so be it

I am sure Jeff wants to get it right. He is working in the best interest for all of us IMO.
\\

Also Apex

Posted this Cat

You know where LOL

speaking of politicians....

This is a good one

But I will not buy anything until QASP rebounds.
http://investorshub.advfn.com/boards/board.aspx?board_id=15671

LOL

it looks to cold !!!!!!!!!!!!!!!!!

http://heavensgates.us/50s/whitechristmas/

It is Fraud !

Good job Jeff !

Our Gov at work !


What a joke !!!

Done and sent.



Deans lawyer-everyone let him know what a scum bag he is -come on bears now is your time to shine


http://www.lawyers.com/default.aspx?lid=790900&lidType=a&request_url=/Florida/Jacksonville/Contact-Jeffrey-R-Ludwig-790900-a.html&sc_itemid={7C7AD1FE-8BEC-408B-B1F5-616AB4CFC0AB}

Thanks catdaddyrt

Boy those negative posters can try on your nerves. No Facts just purposely mis-leading shareholders for their own agenda and IMO getting paid to do so.

QIH Company Updates

Quasar International Holdings, Inc.
A Letter to Quasar International Holdings, Inc. Shareholders
Posted by jeffdigenova at 10:43 pm, December 10th 2010.

I would like to clarify the events that took place today, December 10, 2010. Dean Bradley sent his attorney, Jeff Ludwig, to our office this morning. Dean had arranged to have Mr. James Ray present also. Mr. Ludwig attempted to call a special meeting of shareholders. I told him that his attempt at a meeting was a farce because, having reviewed the company's records, I can find no evidence that Dean Bradley was ever validly issued any shares. The Preferred A's Dean claim’s to own do not exist as they had never been validly created. Among other things, that class of shares never received appropriate (and necessary) board approval. I asked Mr. Ludwig for the documentation proving he had the authority to act on Mr. Bradley's behalf, but he had nothing to offer.



Furthermore, the following is the exact language from Dean's resignation letter:



“In addition, the undersigned covenants and agrees to enter into a voting trust agreement (the “Trust Agreement”) substantially in the form attached hereto as Exhibit A promptly following the execution hereof. From the date hereof until the Trust Agreement is executed and delivered, the undersigned covenants and agrees to refrain from voting, directly or indirectly, any capital stock of Quasar International Holdings, Inc. owned or controlled by the undersigned.”



Accordingly, even if Mr. Bradley had shares, he would still have no right (nor be able to transfer that right to anyone else) to call a special shareholder meeting because the Trust Agreement has never been validly established.



I have everything documented and we will be meeting with our attorneys this coming week to put this matter to rest once and for all.



Joshua Henderson wishes to state to the shareholders: “ The Colorado Secretary of State filing was not filed on my authority nor did I ever sign anything for it to be posted. I will be going with Mr. DiGenova to our attorneys and will work with him to bring this to a positive conclusion for shareholders.”



I will be notifying the Colorado Secretary of State of this erroneous and unauthorized filing first thing Monday morning.



Please note additionally that Mr. James Ray and Mr. Robert G Richards are not members of the Board of Directors. Mr. Richards, a long time shareholder and friend of the company, was not even in attendance of the supposed meeting called by Mr. Ludwig; although he did come and meet with myself, Mr. Ray, and Mr. Henderson later in the day. It was then agreed that, after this legal issue is resolved, they would be willing to join the board. Mr. Ray commented, “I have a long career in the aviation industry, and if possible, I look forward to providing my experience in helping current management move forward.” Mr. Richards added, “If possible, I look forward to helping current management in protecting shareholder equity.”



I have been here for about two and a half months. My intentions from day one were to do the right thing: clean up the mess Dean created and protect shareholder value. I still believe we can bring this to a positive conclusion and I will continue on that path. I will conclude in saying I have not been paid to date and have incurred expenses in excess of $50,000. This needs to be a team effort moving forward because not only have I put my financial well-being at risk, but it has been a great sacrifice to my family. I look forward to updating shareholders next week on these events.



Jeff DiGenova

CEO & President

Dean was a Crook Period..

Many of us got duped by this crook.
Things are different noe. Watch and see ! Soon we will get honest answers !.


wrong-Dean spent money from selling shares-now we all know that no shares have been sold since Jeff took over-do you need me to go back and prove that?

Great News on my Birthday

Go Jeff !

NEWS
JACKSONVILLE, FL, Dec 09, 2010 (MARKETWIRE via COMTEX) -- Quasar International
Holdings, Inc. (PINKSHEETS: QASP) CEO, Jeff DiGenova, would like to inform all
shareholders of the addition of the new company website:
http://www.quasarinternationalholdingsinc.com. Two shareholders donated their
time to develop this for the company and they are deeply thanked for the job
well done. This new site features a blog that will be utilized to keep
shareholders updated.

We continue to work with lenders and expect answers within the next week.
Updates have been given from our attorneys and lenders that indicate answers and
progress will be forthcoming in the upcoming week. It is understandable that
shareholders want answers and as soon as we have results, they will be released.
IR has received inquiries raising concerns of the many rumors flying around, but
we will not address frivolous speculation. We have a plan that is workable and
will continue to move forward.

Quasar's management is working to earn the trust of our shareholders. No shares
have been sold, nor are we selling stock. There are absolutely no plans at this
time to R/S or increase the A/S, and will continue working toward our goal of
building a solid business with full transparency. Progress has been made over
the last two and a half months, but there is still much to be done. To those
that will stay with us, your support is greatly appreciated, and to those that
have moved on, we offer nothing but best wishes.

investbernie

IMO the positives out weigh the negatives since Jeff took over operations.



Guys & Gals,

First and foremost, anyone who has any experience trading/investing in the stock market, knows the risk which they are taking, especially when choosing to "play in the pinks".

At this time, we have everyone and their brother expressing their opinions of, "glory vs. gloom and doom", when in all reality, not a single one of us knows the final outcome to be had.

It's my opinion after years of investing/trading that it is of utmost importance to "put yourself in Mr. DiGenova's shoes", and try to visualize the situation and the approach, as he would himself.

People sit here and claim, "Liquidation or BK", completely showing their ignorance to the fact that Mr. DiGenova still has quite and arsenal to work with in regards to cleaning up the situation and making it successful.

Wether or not he want's to use this arsenal, or how he would go about using it, can be seen listed below.

1.) Small private funding to get the ball rolling, based on AA & Corporate Air Repair assets.

2.) Leverage can be found in terms of the B's & C's series also.

3.) Leverage can be found in terms of increasing the AS, and or effectively using an RS to our advantage.

So as you can see, this is far from over kids, and Mr. DiGenova will do what it takes to exhaust all options before throwing in the towel.

Futhermore take few minutes to think about how the situation changes drastically if any of the listed items below occur.

1.) Funds are recovered from the "Chicago Boys"?

2.) Funds are recovered from "Newby"?

3.) APEX interested in a public listing now that the mess is beginning to be cleaned up?

4.) Mineseekers interested in a public listing now that the mess is beginning to be cleaned up?

5.) A different entity interested in a public listing now that the mess is beginning to be cleaned up, and there is a substancial COL that can be used going forward?

Needless to say, I don't have the answers to any of these questions for any of you, but I know how I would play the cards if I were Mr. DiGenova.

As I stated, it's far from over, and anyone claiming otherwise is ignorant and intent on shaking the resolve of those with little to no experience in dealing with the "big bad pink underworld of investing/trading".

Best Regards, Bernie

Thanks Stock

EOM

Like this one catdaddyrt

13) bears have a specific agenda here

Would be nice to know if APEX is still involved as I think they are.

Agree coachum

Nicely Done !

Scotchontherocksfla You as well

I like the way you phrased this.



Wishing QASP shareholders the best Thanksgiving...Have a great time with family.....

To our new CEO, thanks for stepping up to the plate, and wish you success.

Peace

Scotch

Question Survey !

Answer

Who would you rather have leading this company?

Jeff 45 83 % Votes
Dean 7 12
No Answer 2 3

catdaddyrt as long as QASP is mentioned

On the Minseeker Web Site tells me all is well.

This is great News !

Fianally we are seeing real progress. Names are coming together.

http://www.mineseeker.com/press-area/quasar-shareholders

Apex is also Key.

Sounds very Honest and Real to me.

Thanks for the update will wait for the Real Facts to be released.

bystander_check Post
Message from Jeff
http://www.quasarinternationalholdingsinc.com/news.html

-----Forwarding--------------
General Update from the CEO
Posted by jeffdigenova at 11:00 pm, November 18th 2010.

I would like to address the shareholders on a few issues. The website was designed free of charge by a couple of Quasar shareholders and it is very much appreciated. I will try to keep this blog current and we will release PRs only when we have a material event to announce. We are working with several lenders and exploring every option available, but this process takes time. I am working with no pay, staying in a hotel, and have been in Jacksonville at the office Monday thru Friday every week since I took over. If I didn't believe we could be successful I would not be here.



As for the replies we receive about the many bloggers spreading untruths, I can not control what is said. I will say that the truth is far from what these people post. For instance, we received inquiries yesterday about Atlantic Aviation and Corporate being out of business. All one has to do is call Herlong Airport and ask. Both are operating and doing well considering the economy we are all fighting. Also, no one has gotten a free pass here, but the proper authorities will handle any issues from previous management. Unlike the previous administration, we do not care to waste time addressing these characters and will let our actions speak for us. Anyone that would like to visit is welcome, just contact IR@quasarinternationalholdingsinc.com



Thanks to all for your patience and support!



Jeff DiGenova

CEO & President

artfink Agree


Looking forward to an HONEST Update that is real !

The Financier No I am not happy

But I am willing to wait and see if QASP can get back on track. If Apex and Mineseeker are still part of the plan we will be fine IMO. I am hoping for the best. We should hear something soon to update us. Then we can all see what is transpiring. What I will not do is destroy other peoples investment, especially those who have been here for a long time.
I understand your anger.
Us longs have waited a very long time. Give it some time with the new Management.

Appreciated nick

Looking Good.

The Financier why not

go after the guilty party. Why try to destroy other investors.
It seems to me Jeff is trying to make this work. Why not give him a chance or at least meet or talk with him.

Nice Video catdaddyrt

To the Best !!!!!!!!!!!!!!!!!!!!!

THANKS TO ALL THAT HAVED SERVED FOR OUR FREEDOM



http://www.metacafe.com/watch/yt--8l0l3ti2vE/2009_naf_el_centro_air_show_us_navy_blue_angels/

spencyg be happy

Excellent catdaddyrt, Maybe we will see the Share Structure

Go down as well. Hoping for the best !!!

catdaddyrt Thanks

Maybe QASP new Web Site will fill us in .

"I for one have little reservation that Jeff will get it done. "

I think we will be OK.

Thanks goforthebet

IMO it will work out. I agree with Banker's post on Jeff as well.

goforthebet How ya going buddy

Welcome back, long time no see.

Dedication in cleaning the mess !

Thanks Jeff.

doughboy2 Thanks

IMO we are moving forward in the right direction.

If Jeff can deliver om Mineseeker and Apex

It will be good IMO.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37889
Item 4 Management’s discussion and analysis or plan of operation.
During the next year, Quasar Aerospace Industries plans to continue with its selective growth strategy.

The Company will close the remaining acquisitions that are currently in progress. In the first quarter of 2010, Quasar closed the first two targeted acquisitions. A third acquisition, Corporate Air Repair, Inc., closed in the second quarter of 2010. This acquisition added maintenance capabilities to the growing fleet of aircraft for both Atlantic Aviation and its other corporate aircraft. This was not one of the initial four targeted acquisitions.

Quasar will continue to evaluate and improve the synergies that result from being under the corporate umbrella. These synergies include centralized purchasing, health care, accounting and legal support, etc. In addition, the Company will continue the development of its VLJ and trainer aircraft, moving toward first flight and the subsequent certification by the FAA.

The demand for Atlantic Aviation’s flight training program has increased and as a result, the company has acquired a second Piper Arrow training aircraft to accommodate this increase. Further expansion will continue as needed. The construction plans for the Office/Flight School building and the hangar at Herlong Airport are complete. The Company is waiting for J.A.A. (Jacksonville Aviation Authority) and to provide the 20-year lease for review and approval.

On April 30, 2010, Quasar announced that the Company, along with two other partners, acquired the rights to purchase over $150 million of helicopter spare parts for $15 million. These spare parts will be sold and distributed worldwide over the next 5 to 7 years. Quasar will control 51% of this venture and will recapture its $15 million investment plus interest prior to any profit distribution.

In June of 2010, Quasar executed and closed loan documents with Newby & Associates, Inc., stating that Newby & Associates shall provide $110 million in financing secured by the cross collateralization of multiple assets. Quasar secured the initial $500K bridge loan with stock which will cover expenses for the investment grade collateral securing the first $10

Page 3
million loan. Since then, the transaction has been cancelled for failure to perform by Newby & Associates. Quasar’s Management Team is currently in discussion with several other sources to provide the funding necessary to implement the Business Plan. Further updates will be included in the Quarterly Report for period ending September 30, 2010.

Quasar plans to secure a controlling 51% interest in the for-profit company, Mineseeker Overseas Operations, Ltd. (www.mineseeker.com). Quasar is not involved with the not-for-profit Mineseeker Foundation (www.mineseeker.org).
The Company is anticipating growth in each of its subsidiaries to exceed 20% per year for the next two calendar years. Dean Bradley, CEO, is highly optimistic that all of these goals will be met, and is looking forward to building share value based on the completion of these efforts.