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Trains
On Oct 11, 1:45*pm, Boater wrote:
Cliff wrote: * "The Candidates as Trains" *http://images.dailykos.com/images/us...tiontrains.jpg That's just...hilarious. Delightfully, I believe Palin's problems in Alaska are just beginning. Maybe, but if not for the democrats blocking any investigation into Freddie and Fannie until after the election, you'd see most of Nobama's financial advisors being forced to resign in shame AND Nobama himself dropping out of the race due to the humilation of being caught with his hands in the cookie jar. Wait, no... that won't happen. He's drunk the koolaid himself, and actually believes he's the messiah. What he is, is a thinly-veiled socialist who believes in telling the same lie over and over until its accepted as true. Fred |
#3
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On Oct 11, 4:18*pm, John Forrest Tomlinson
wrote: On Sat, 11 Oct 2008 15:08:34 -0700 (PDT), wrote: On Oct 11, 1:45*pm, Boater wrote: Cliff wrote: * "The Candidates as Trains" *http://images.dailykos.com/images/us...tiontrains.jpg That's just...hilarious. Delightfully, I believe Palin's problems in Alaska are just beginning. Maybe, but if not for the democrats blocking any investigation into Freddie and Fannie until after the election, you'd see most of Nobama's financial advisors being forced to resign in shame AND Nobama himself dropping out of the race due to the humilation of being caught with his hands in the cookie jar. * Who are Obama's Fannie/Freddie-connected financial advisors? What "cookie jar"? Where do you get this stuff? BTW, are you aware that the head of the McCain campaign's company was being piad by FreddieMac $15,000 per MONTH through August of this year? And that in July (and possibly at other times) Mr. McCain denied that any of his staff worked for that company (meaning McCain was either being tricked by the head of his campaign, or lying. *If it was the former, I'd think he would have fired him...) http://www.nytimes.com/2008/09/22/us...mccain.html?em John McCain - straight talker you betcha. uhhh, Raines, Jim Johnson, etc... "The top three U.S. senators getting big Fannie and Freddie political bucks were Democrats and No. 2 is Sen. Barack Obama. Now remember, he's only been in the Senate four years, but he still managed to grab the No. 2 spot ahead of John Kerry — decades in the Senate — and Chris Dodd, who is chairman of the Senate Banking Committee." You can lay the blame for the current credit mess squarely on the shoulders of democrats who pressured the lending industry to give loans to the poor and who refused to create the approriate regulations to prevent the meltdown we're seeing. I'm sure you don't see it that way, but you've got blinders on. Besides, its all Bush's fault, right? |
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On Sat, 11 Oct 2008 15:53:55 -0700 (PDT), wrote:
On Oct 11, 4:18*pm, John Forrest Tomlinson wrote: On Sat, 11 Oct 2008 15:08:34 -0700 (PDT), wrote: On Oct 11, 1:45*pm, Boater wrote: Cliff wrote: * "The Candidates as Trains" *http://images.dailykos.com/images/us...tiontrains.jpg That's just...hilarious. Delightfully, I believe Palin's problems in Alaska are just beginning. Maybe, but if not for the democrats blocking any investigation into Freddie and Fannie until after the election, you'd see most of Nobama's financial advisors being forced to resign in shame AND Nobama himself dropping out of the race due to the humilation of being caught with his hands in the cookie jar. * Who are Obama's Fannie/Freddie-connected financial advisors? What "cookie jar"? Where do you get this stuff? BTW, are you aware that the head of the McCain campaign's company was being piad by FreddieMac $15,000 per MONTH through August of this year? And that in July (and possibly at other times) Mr. McCain denied that any of his staff worked for that company (meaning McCain was either being tricked by the head of his campaign, or lying. *If it was the former, I'd think he would have fired him...) http://www.nytimes.com/2008/09/22/us...mccain.html?em John McCain - straight talker you betcha. uhhh, Raines, Jim Johnson, etc... Frank Raines had one or two phone calls with Obama staffers and now he's one of Obama's financial advisors, despite both him and the Obama campaign saying he's not? Nonsense. Jim Johnson was but resigned from the Obama campaign before Freddie/Fannie imploded. He may be culpable, but he to say he would be forced to resign is nonsensical since he already has you dope. "The top three U.S. senators getting big Fannie and Freddie political bucks were Democrats and No. 2 is Sen. Barack Obama. Now remember, he's only been in the Senate four years, but he still managed to grab the No. 2 spot ahead of John Kerry — decades in the Senate — and Chris Dodd, who is chairman of the Senate Banking Committee." Where is this from? Butting quotes around some blog quote doesn't make it right. PS - I believe Obama got more contributions than McCain from Fannie and Freddie employees, but that's like saying that if factory workers are contributing to a campaging the candidate is going to favor the company. Not necessarily. We have to look where decisionmakers in the company are channeling money. Such as to the McCain campaign head.... You can lay the blame for the current credit mess squarely on the shoulders of democrats who pressured the lending industry to give loans to the poor and who refused to create the approriate regulations to prevent the meltdown we're seeing. I'm sure you don't see it that way, but you've got blinders on. Besides, its all Bush's fault, right? Mainly if you include Plus Phil Gramm and the Republican leadership of Congress. Probably Greenspan too, A tiny bit maybe Rubin (he's actually an Obama advisor). |
#5
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In article ,
wrote: On Oct 11, 4:18*pm, John Forrest Tomlinson wrote: On Sat, 11 Oct 2008 15:08:34 -0700 (PDT), wrote: On Oct 11, 1:45*pm, Boater wrote: Cliff wrote: * "The Candidates as Trains" *http://images.dailykos.com/images/us...tiontrains.jpg That's just...hilarious. Delightfully, I believe Palin's problems in Alaska are just beginning. Maybe, but if not for the democrats blocking any investigation into Freddie and Fannie until after the election, you'd see most of Nobama's financial advisors being forced to resign in shame AND Nobama himself dropping out of the race due to the humilation of being caught with his hands in the cookie jar. * Who are Obama's Fannie/Freddie-connected financial advisors? What "cookie jar"? Where do you get this stuff? BTW, are you aware that the head of the McCain campaign's company was being piad by FreddieMac $15,000 per MONTH through August of this year? And that in July (and possibly at other times) Mr. McCain denied that any of his staff worked for that company (meaning McCain was either being tricked by the head of his campaign, or lying. *If it was the former, I'd think he would have fired him...) http://www.nytimes.com/2008/09/22/us...mccain.html?em John McCain - straight talker you betcha. uhhh, Raines, Jim Johnson, etc... Franklin Raines is not and has never been a member of or advisor to Obama's campaign. Johnson was brought in to help vet VP candidates - nothing more. You can lay the blame for the current credit mess squarely on the shoulders of democrats who pressured the lending industry to give loans to the poor and who refused to create the approriate regulations to prevent the meltdown we're seeing. I'm sure you don't see it that way, but you've got blinders on. Besides, its all Bush's fault, right? Sorry, but the facts get in the way of your attempt to lay the blame for the current economic crisis on blacks, hispanics and other minorities. (Not racist much, are y'all?): ______________________ Federal Reserve Board data show that: _ More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions. _ Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year. _ Only one of the top 25 subprime lenders in 2006 was directly subject to the housing law that's being lambasted by conservative critics. The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets reported Friday. (snipper) To be sure, encouraging lower-income Americans to become homeowners gave unsophisticated borrowers and unscrupulous lenders and mortgage brokers more chances to turn dreams of homeownership in nightmares. But these loans, and those to low- and moderate-income families represent a small portion of overall lending. And at the height of the housing boom in 2005 and 2006, Republicans and their party's standard bearer, President Bush, didn't criticize any sort of lending, frequently boasting that they were presiding over the highest-ever rates of U.S. homeownership. ______________________ http://www.mcclatchydc.com/251/story/53802.html -- tanx, Howard Abandon the Creeping Meatball! remove YOUR SHOES to reply, ok? |
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On Oct 11, 7:16*pm, Howard Kveck wrote:
In article , wrote: On Oct 11, 4:18*pm, John Forrest Tomlinson wrote: On Sat, 11 Oct 2008 15:08:34 -0700 (PDT), wrote: On Oct 11, 1:45*pm, Boater wrote: Cliff wrote: * "The Candidates as Trains" *http://images.dailykos.com/images/us...tiontrains.jpg That's just...hilarious. Delightfully, I believe Palin's problems in Alaska are just beginning. Maybe, but if not for the democrats blocking any investigation into Freddie and Fannie until after the election, you'd see most of Nobama's financial advisors being forced to resign in shame AND Nobama himself dropping out of the race due to the humilation of being caught with his hands in the cookie jar. * Who are Obama's Fannie/Freddie-connected financial advisors? What "cookie jar"? Where do you get this stuff? BTW, are you aware that the head of the McCain campaign's company was being piad by FreddieMac $15,000 per MONTH through August of this year? And that in July (and possibly at other times) Mr. McCain denied that any of his staff worked for that company (meaning McCain was either being tricked by the head of his campaign, or lying. *If it was the former, I'd think he would have fired him...) http://www.nytimes.com/2008/09/22/us...mccain.html?em John McCain - straight talker you betcha. uhhh, *Raines, Jim Johnson, etc... * *Franklin Raines is not and has never been a member of or advisor to Obama's campaign. Johnson was brought in to help vet VP candidates - nothing more.. You can lay the blame for the current credit mess squarely on the shoulders of democrats who pressured the lending industry to give loans to the poor and who refused to create the approriate regulations to prevent the meltdown we're seeing. *I'm sure you don't see it that way, but you've got blinders on. *Besides, its all Bush's fault, right? * *Sorry, but the facts get in the way of your attempt to lay the blame for the current economic crisis on blacks, hispanics and other minorities. (Not racist much, are y'all?): - Show quoted text - Not blaming anything on the minorities, only those who pander to them but never actually help them. |
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On Oct 11, 6:16*pm, Howard Kveck wrote:
* *Sorry, but the facts get in the way of your attempt to lay the blame for the current economic crisis on blacks, hispanics and other minorities. (Not racist much, are y'all?): Oh, shut the **** up with the idiot-talk. It makes you sound like an idiot. The root of these wide-spread problems is the federal reserve (central banking) and the banking laws. The Fed needs to be abolished, along with a complete revision of law regarding reserve requirements and clear disclosure of terms on deposits. (Just noting the first basics.) If you're worring about inadequate regulation, and honesty in advertising, maybe you could call out for abolishing the fed and strict disclosure of fractional reserves in banking. And also insist that guvmints did not allow banks to do what other firms are not allowed to do: functionally operate as bankrupt while not announcing or filing for bankruptcy. IOW, being allowed to suspend specie payments. In fact, the guvmint promotes the bad behavior. I could accept a _gradual_ phase out of the FED, but its gotta go. The contemporary bogeyman of "insufficient credit" is complete horse**** in the sense that cheap credit is at the base of the liquidity and credit problems today. Sure, now the house of cards can come tumbling down and there is only the bad "choice" of injecting liquidity. And so they are "pushing on the string." And that is not guaranteed to work, so the next step is massive fiscal policy because the massive monetary policy will be limited. And yep, that is exactly what is happening after we were told we needed this big bailout, sure enough now there are calls for massive fiscal policy in addition. It is the standard bogus (keynesian) econ doctine. It is so predictable. If "you" are going to make the decision to have a cheap credit banking system with an inflating central bank and fractional reserve banking, you are going to have a boom-bust type of economy. No amount of regulation is going to cure this in a complete way. Eliminating the centralizing aspect and forcing full disclosures on deposits will avoid the massive (wide-spread) boom-busts, although more local ones would likely still happen. You don't get rid of your problems by handing them over to guvmint, unless you manage to saddle your neighbor instead. I am a bit annoyed that guvmint policy incentivises me not to "hoard" my cash, saving it to purchase a new clown car with full cash down. Since the guvmint incentives to "not hoard" are strong, I use credit, but invariably being uncertain of the value of money (to me) in this guvmint distorted case, I overspend, buying an SUV instead of a clown car. Then I cause too much global warming. Then I buy a 52' flatscreen on credit. Then I buy a bigger house. All the stuff you love is pure crank doctrine. No one is smart enough to pull the levers on something so complex as what is vaguely called "the economy." You are drinking koolaid if you listen to these frauds. The best thing Obama or McCain could do to "lead" "us" out of the crisis is to get the **** out of the way. But they won't do it. The dominant doctrine/ideology is statism and a cult of personality. "We need a great leader in these tough times." It is so sad that a nation founded upon individual strength, "every man his own king," and fortitude has come to this weirdo euro-trash ideology. People left that elite-infested ****-hole to come to the USA. Now euro-tardism has itself crossed the ocean. RIP USA. The USA has not lived up to its ideals. So it may just as well go straight to where it is going. |
#9
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In article ,
SLAVE of THE STATE wrote: On Oct 11, 6:16*pm, Howard Kveck wrote: * *Sorry, but the facts get in the way of your attempt to lay the blame for the current economic crisis on blacks, hispanics and other minorities. (Not racist much, are y'all?): Oh, shut the **** up with the idiot-talk. It makes you sound like an idiot. Greg, what do you consider "idiot-talk," the part about right wing cretins trying to blame it on minorities? Because that can be found with the quickness - the Great Gazoogle works wonders. Or are you going to berate for not buying into your one-size-fits-all "gubmint bad, smash gubmint" routine? Reading on, yeah. Look at the bigger picture. RL, UM. 'Ow bow dat Krugman? -- tanx, Howard Abandon the Creeping Meatball! remove YOUR SHOES to reply, ok? |
#10
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On Oct 11, 4:53 pm, wrote:
You can lay the blame for the current credit mess squarely on the shoulders of democrats who pressured the lending industry to give loans to the poor and who refused to create the approriate regulations to prevent the meltdown we're seeing. ... Hold it, are you high? The derivatives bubble is a quadrillion. That's not 4 trillion, by the way, that's 1000 trillion. All the mortgages put together are spittle in a bucket. But nice one -- it's all the fault of the poor, and the democrats. Go drink more koolaid. |
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