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Fred
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Posted: Tue Sep 30th, 2008 02:43 am |
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| Perhaps...or they sealed their doom. Americans tend to have short memories, and if we do slide into a deep recession or depression as a result, regardless of whether or not this bail out would have prevented it (and that is not a sure bet).....guess who will get the blame? Last edited on Tue Sep 30th, 2008 11:18 am by Fred
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Playing the Game
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Posted: Mon Sep 29th, 2008 11:59 pm |
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| Maybe the politicians got a come uppance today by the people. I can't think of a nicer group to be on the lifeboat than GWB, Nanny and Bezoar, they can have Barney and Chris row the boat and try to figure out why AMERICANS said, STOP SPENDING MY MONEY>>>>>>>>>>>>>>>>>>>>>>>>>>>
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Fred
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Posted: Mon Sep 29th, 2008 11:31 pm |
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Well, if the President can't get his own party to go along with a plan that he coaxed the Democrats to do....that is a lack of leadership, a lack of power, or perhaps just the fact of being a lame duck President.
There was a plan to have the minimal number of people vote for this distateful plan that had to, and I am willing to bet that a lot of arm-twisting was done on both sides, and both sides hate to have that wasted...because they will just have to do it again.
While I think something will get passed from fear of the economy locking up in the next 5 weeks, I am not as certain as once was. We may get our full recession out of it, but we probably would have had one anyway.
At least Campbell Soup stock has been going up....time to stock up.
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Playing the Game
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Posted: Mon Sep 29th, 2008 10:29 pm |
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Once again the Congress finally woke up and listened to the people. 40 % of Democrats and 60% of Republicans said no. I wouldn't call that running for the hills GO.
I had to laugh when Franks & Nanny tried to blame the Republicans for the failure. What about the 94 Democrats who weren't convinced by the alleged "Leadership".
Ben Franklin wrote:
Game_Over2007 wrote: Today is another day to remember because no politician in his right mind will want his name on this TOXIC WASTE BAILOUT plan after 95 percent of the American people say NO....... We can thank the Republicans for this mess and it's amazing how they are running in the halls of Congress trying to find a place to hide so they don't have to answer any questions. EIGHT YEARS of this crap..... Thank your local real estate brokers for all the PUMPING of Prices while the New Jersey factor kicked in thus making this robust market so great! Life is fun...
The majority of people I ve spoken to say screw em let em fail and go bankrupt.
We DONT CARE IF THEY FAIL!
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The Insyder
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Posted: Mon Sep 29th, 2008 05:20 pm |
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Legends457 wrote: This Bailout program is proof of the total incompetence of the Republican party who have spent more money in eight years then any other administration in U S History. Just on Bush's watch we've added another 6.5 trillion more debt since he took office eight years ago. Then you conservatives tell us about less government and less spending..... What the hell you talking about anyway? DUH? So you don't think that those who were put in charge (Democrat appointees and Democrats themselves) of Fannie Mae and Freddie Mac had anything to do with ot? These guys when in charge allowed them to cook the books and overstate their values. Barny Frank was in charge of the banking committee. No responsibility? How about the years the liberal Democrats forced the banks to grant zero down loans, low interest loans, ni income verification loans to low income areas and to thoise to whom they knew could not repay thewse loans boughgt up at teaser rates? If they refused, like any responsible bank would, they would be branded as engaging in racial discrimination and Jesse Jackson and Al Sharpton and their organizations were ready to take to the air waves and picket lines. The "guardians" of these committees and heads of Fannie Mae and Freddie Mack, Democrats plumb appointees, who knew what was going to happen share no blame? McCain warned in 2005 and co-s[ponsoerd legislation to try and block the downfall. Even Bush warned in 2001 and 2002 but the Dems blocked any attempt to blow the whistle on their boys. Put Chris Dodd, Barney Frank, and Chuck Schumer on the wirness stand. Thrown in Paulson and Berbake. So you accept these foxes watching the henhouse? These are the guys who got uns into this mess in the first place. A good startying point is the CRA. Follow the money trail from then to now. You'ss find a different story than the one you are telling.
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Ben Franklin
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Posted: Mon Sep 29th, 2008 05:02 pm |
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Game_Over2007 wrote: Today is another day to remember because no politician in his right mind will want his name on this TOXIC WASTE BAILOUT plan after 95 percent of the American people say NO....... We can thank the Republicans for this mess and it's amazing how they are running in the halls of Congress trying to find a place to hide so they don't have to answer any questions. EIGHT YEARS of this crap..... Thank your local real estate brokers for all the PUMPING of Prices while the New Jersey factor kicked in thus making this robust market so great! Life is fun...
The majority of people I ve spoken to say screw em let em fail and go bankrupt.
We DONT CARE IF THEY FAIL!
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Ben Franklin
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Posted: Mon Sep 29th, 2008 05:01 pm |
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Fred wrote: And another one bites the dust.....wonder why the Secretary of the Treasurer keeps pushing to get the deal done?
Citigroup Inc. will acquire the banking operations of Wachovia Corporation; Charlotte, North Carolina, in a transaction facilitated by the Federal Deposit Insurance Corporation and concurred with by the Board of Governors of the Federal Reserve and the Secretary of the Treasury in consultation with the President. All depositors are fully protected and there is expected to be no cost to the Deposit Insurance Fund. Wachovia did not fail; rather, it is to be acquired by Citigroup Inc. on an open bank basis with assistance from the FDIC.
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Citigroup Inc. will acquire the bulk of Wachovia's assets and liabilities, including five depository institutions and assume senior and subordinated debt of Wachovia Corp. Wachovia Corporation will continue to own AG Edwards and Evergreen. The FDIC has entered into a loss sharing arrangement on a pre-identified pool of loans. Under the agreement, Citigroup Inc. will absorb up to $42 billion of losses on a $312 billion pool of loans. The FDIC will absorb losses beyond that. Citigroup has granted the FDIC $12 billion in preferred stock and warrants to compensate the FDIC for bearing this risk.
The FDIC is buying stock? How the heck can that be constitutional?
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Fred
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Posted: Mon Sep 29th, 2008 04:17 pm |
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And another one bites the dust.....wonder why the Secretary of the Treasurer keeps pushing to get the deal done?
Citigroup Inc. will acquire the banking operations of Wachovia Corporation; Charlotte, North Carolina, in a transaction facilitated by the Federal Deposit Insurance Corporation and concurred with by the Board of Governors of the Federal Reserve and the Secretary of the Treasury in consultation with the President. All depositors are fully protected and there is expected to be no cost to the Deposit Insurance Fund. Wachovia did not fail; rather, it is to be acquired by Citigroup Inc. on an open bank basis with assistance from the FDIC.
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Citigroup Inc. will acquire the bulk of Wachovia's assets and liabilities, including five depository institutions and assume senior and subordinated debt of Wachovia Corp. Wachovia Corporation will continue to own AG Edwards and Evergreen. The FDIC has entered into a loss sharing arrangement on a pre-identified pool of loans. Under the agreement, Citigroup Inc. will absorb up to $42 billion of losses on a $312 billion pool of loans. The FDIC will absorb losses beyond that. Citigroup has granted the FDIC $12 billion in preferred stock and warrants to compensate the FDIC for bearing this risk.
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Game_Over2007
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Posted: Mon Sep 29th, 2008 03:12 pm |
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| Today is another day to remember because no politician in his right mind will want his name on this TOXIC WASTE BAILOUT plan after 95 percent of the American people say NO....... We can thank the Republicans for this mess and it's amazing how they are running in the halls of Congress trying to find a place to hide so they don't have to answer any questions. EIGHT YEARS of this crap..... Thank your local real estate brokers for all the PUMPING of Prices while the New Jersey factor kicked in thus making this robust market so great! Life is fun... Last edited on Mon Sep 29th, 2008 03:25 pm by Game_Over2007
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Playing the Game
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Posted: Mon Sep 29th, 2008 03:11 pm |
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| Republican, Conservative, Democrat, and Liberal are not interchangeable terms. Conservatives are in an uproar, not just Republican Conservatives. President Bush is a Republican, we thought he would follow Conservative thought and ideology. His administration caved on spending. He is a Rockefeller Republican in action.
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Legends457
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Posted: Mon Sep 29th, 2008 12:12 pm |
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| This Bailout program is proof of the total incompetence of the Republican party who have spent more money in eight years then any other administration in U S History. Just on Bush's watch we've added another 6.5 trillion more debt since he took office eight years ago. Then you conservatives tell us about less government and less spending..... What the hell you talking about anyway? DUH?
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Game_Over2007
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Posted: Mon Sep 29th, 2008 09:22 am |
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Integrity is consistency of actions, values, methods, measures and principles. Since when Mr McCain years ago was exposed as corrupt and a die hard loyalist to Mr Charles Keating, I rest my case. His voting record is consistent with Bush, He has no values considering he left his wife while she was dieing for the now Cindy McCain, His methods of being a maverick in the Senate are blown out of proportion and basically a joke, You can't measure his abilities as an effective senator because the man's track record is tainted with his ties to some of the wealth on Wall Street, He has no principles unless he has found God in his life which I doubt. Mr flip flopper has a problem. He picked a Moose from Alaska as his running mate and that sums up his principles and more. Is Jellystone park in AZ ????
http://en.wikipedia.org/wiki/Keating_Five
Last edited on Mon Sep 29th, 2008 09:27 am by Game_Over2007
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Habanero
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Posted: Mon Sep 29th, 2008 02:38 am |
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Fred wrote: Forgetting someone's name is a strange example of a lack of intergrity.
If you believe that was the point of my comment, I seriously have to wonder about your own definition of integrity.
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Playing the Game
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Posted: Mon Sep 29th, 2008 01:37 am |
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Playing the Game wrote: If you can't see the difference, you are not worth the keystrokes to argue with.
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Fred
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Posted: Mon Sep 29th, 2008 01:36 am |
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| If you want to talk about character, we can go to McCain...plenty of issues there, especially if we start talking about his talking about not being associated with lobbyists.
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Playing the Game
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Posted: Mon Sep 29th, 2008 01:36 am |
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| If you can't see the difference, you are not worth the keystrokes to argue with.
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Terrance
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Posted: Mon Sep 29th, 2008 01:33 am |
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Playing the Game wrote: He accepted the bracelet from the soldiers Mom and was wearing it and using it to politically advance the notion that he cares. If he was wearing a bracelet for his son and spoke of it that is integrity. Using it shamelessly for political gain is a lack of integrity.
Fred wrote:
Forgetting someone's name is a strange example of a lack of intergrity.
Talking about memory lapses in general - do you have any thoughts about McCain not knowing what countries border Iraq or who the Iranians were providing arms to?
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Playing the Game
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Posted: Mon Sep 29th, 2008 01:30 am |
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He accepted the bracelet from the soldiers Mom and was wearing it and using it to politically advance the notion that he cares. If he was wearing a bracelet for his son and spoke of it that is integrity. Using it shamelessly for political gain is a lack of integrity.
Fred wrote:
Forgetting someone's name is a strange example of a lack of intergrity.
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Terrance
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Posted: Mon Sep 29th, 2008 01:27 am |
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Habanero wrote: The Plagiarizer is going to need new hairplugs by the time the Moose gets through with him.
Yep, its junior high school all over again. Yo momma.
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Fred
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Posted: Mon Sep 29th, 2008 01:26 am |
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| Forgetting someone's name is a strange example of a lack of intergrity.
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Habanero
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Posted: Sun Sep 28th, 2008 11:25 pm |
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The Plagiarizer is going to need new hairplugs by the time the Moose gets through with him.
As for integrity -- what kind of integrity do you consider not only going against the wishes of the family of a solder KIA by using it as a campaign prop, but then adding insult to injury and not just flubbing, but FORGETTING the name of the young man, on national television at that? That's right, the bracelet he was so proud of the other night was given to him by the young man's mother, an Obama supporter, but she asked him not to use it campaigning. He was so proud of it he couldn't remember the man's name. That's integrity alright.
Last edited on Sun Sep 28th, 2008 11:30 pm by Habanero
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Legends457
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Posted: Sun Sep 28th, 2008 11:04 pm |
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Playing the Game wrote: Nah if he makes it that far I'll call him Hussein. You folks take great pleasure in calling President Bush, Bush.
At least the man has more integrity than "BUSH". Bush and McCain only have one thing in common. Giving more money to those that have and screw those that have to work for a living. As far as McCain goes he needs to take his nose out of Bush's butt before it's to late. We shall see how the Moose does against Biden this week. Right now this race is slowly going down the toilet for McBush.......
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Habanero
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Posted: Sun Sep 28th, 2008 10:34 pm |
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Lavitakus wrote: The reality is that the only true direction is through addressing education. I welcome anyone to debate that statement.
I totally agree with you. The biggest problem I see with education is the teaching to the lowest common denominator, as opposed to making the kids learn. Now, not all kids are going to "get it" but that should not hold back those that do.
A lot of people,including myself, have problems with NCLB, but NCLB is not the cause of the problem, this problem has been festering for decades. One of the single greatest failures of the Reagan Administration, in my opinion, was his failure to be able to do away with the federal Department of Education. Federal involvement in education should never have happened, and the NEA should never have been able to become so powerful.
School districts are far too top heavy with bureaucracy (just like any government entity) and it is the children that suffer. Along with the good teachers, their hands are tied.
I'm not looking at anarchy, I realize a certain amount of government oversight/regulation is necessary to keep things running smoothly, but there must come a time when decisions have to made in regard to how much is too much (i.e. education) and when there is not enough (i.e. Freddie/Fannie fiasco)
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Playing the Game
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Posted: Sun Sep 28th, 2008 08:55 pm |
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| Nah if he makes it that far I'll call him Hussein. You folks take great pleasure in calling President Bush, Bush.
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Terrance
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Posted: Sun Sep 28th, 2008 04:09 pm |
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Playing the Game wrote: Let's just call him Hussein from now on.
Call him whatever you like. I just hope you call him Mr. President when he is elected.
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Playing the Game
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Posted: Sun Sep 28th, 2008 03:50 pm |
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| Let's just call him Hussein from now on.
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Rightwinger
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Posted: Sun Sep 28th, 2008 03:30 pm |
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Terrance wrote: Playing the Game wrote: It hasn't passed yet. I will be curious to see McCain's vote.
BS and political grandstanding aside, McBush will vote with the herd.
I wish you would refrain from referring to Mc Cain as Mc Bush.
You certainly voiced your annoyance when we refer to your man as BHO
( which is his initials) or dare to mention his full name!
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Terrance
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Posted: Sun Sep 28th, 2008 02:59 pm |
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Playing the Game wrote: It hasn't passed yet. I will be curious to see McCain's vote.
BS and political grandstanding aside, McBush will vote with the herd.
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Playing the Game
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Posted: Sun Sep 28th, 2008 01:07 pm |
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| It hasn't passed yet. I will be curious to see McCain's vote.
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Game_Over2007
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Posted: Sun Sep 28th, 2008 12:09 pm |
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Financial crisis impacts.... Lets have a pity party for some of these cities with some of most wealthiest living there...... Amazing how wealth is spread then the greed is shown as it surfaces throughout the country.... Passing this bailout is the ultimate blunder and both political party's need to be given major enemas in November........
http://finance.yahoo.com/real-estate/article/105861/Towns-That-Could-Be-Hit-Hardest-by-the-Financial-Crisis
http://money.cnn.com/2008/09/21/news/economy/readers_on_bailout/index.htm
http://money.cnn.com/2008/09/23/news/companies/fbi_finance/index.htm?postversion=2008092415
Last edited on Sun Sep 28th, 2008 12:25 pm by Game_Over2007
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Game_Over2007
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Posted: Sun Sep 28th, 2008 11:57 am |
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Education is the key to our future success period. We now have a culture here of kids who just don't get it in most cases and take the easy way out. I think Obama sees this issue as a major problem and will address it since its been lacking since the Clinton administration. No child left behind was a joke and another failure charged to the Bush administration. Facts are facts. In order to compete in this world we need our kids educated to the highest standards with results. We put a man on the moon and we can do a lot more if given the chance. Focusing on our educational issues is priority ONE and thats the basis for our success in the future.
http://www.ontheissues.org/celeb/bill_clinton_education.htm
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Lavitakus
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Posted: Sun Sep 28th, 2008 03:58 am |
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| The reality is that the only true direction is through addressing education. I welcome anyone to debate that statement.
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Fred
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Posted: Sun Sep 28th, 2008 01:47 am |
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Either the President is really, really serious about this (the last time I saw him with a similiar expression is when he got interupted reading "My Little Pony") or he is trying to sucker the Democrats into supporting something that he hopes will give the Republicans something to use against them. While I don't put it past some, I give the President SOME credit. However, has anyone seen the VP lately? Been very quiet, for some reason.....
I get the McCain is trying to walk a tight line between not supporting very unpopular legislation and not being the main agent behind a new Depression. I think that some people (not all) are thinking he is simply playing politics....and playing it badly.
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Legends457
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Posted: Sun Sep 28th, 2008 12:49 am |
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| Either one of these guys running for president sign the bailout plan will lose votes. We didn't create this problem and the taxpayers are fed up. George Bush and company for the last eight years ran our debt so far up we can't even comprehend the damage done. It's sad and China and others OWN US....... Last edited on Sun Sep 28th, 2008 12:51 am by Legends457
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Playing the Game
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Posted: Sat Sep 27th, 2008 11:23 pm |
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I think Obama learned a lot from John Kerry and it showed in his arrogance last night. Time will tell. Better hurry up and vote however, the people who support Obama have the attention span of a flea.
I wouldn't call McCain "done" yet. There is much to come yet. Let's see what this political bailout of bad policy brings next week.
Last edited on Sat Sep 27th, 2008 11:30 pm by Playing the Game
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Fred
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Posted: Sat Sep 27th, 2008 10:33 pm |
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When Fox News' focus group scores the debate, which was on McCain's strong suit, for Obama, you know you've got problems.
Put a fork in McCain...he is done.
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Game_Over2007
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Posted: Sat Sep 27th, 2008 04:32 pm |
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| Interesting debate last night. My view is never trust a man who won't look you in the eye! McCain failed. This next debate should be a real problem for McCain if he's hoping for another Hail Mary pass from Sara Palin.
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Game_Over2007
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Posted: Fri Sep 26th, 2008 09:29 am |
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| You really think? You may end up buying breakfast! McCain's straight talk express is running out of gas and right now all his "Hail Mary" passes are being intercepted by reality and then just seem to fade off into the sunset. Sorry as this election is right now, I do feel sorry for him because he just doesn't get it. His VP pick stumbled again yesterday with her "cute" phrases that are a little over-bearing and the press is picking her a part as they should considering she could be next in line for running this country. That is SCARY! The so called "Pit bull" with "lip stick" needs to go back to Alaska.
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Fred
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Posted: Fri Sep 26th, 2008 01:50 am |
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Playing the Game wrote: Actually I think he is trying to put the country before the politics or the campaign.
Fred wrote:
I think he is trying to present an appearance of someone who is willing to put politics above the camaign. I think he is hoping he'll get a bounce in the polls, ala the Palin bump.
However, if they come up with a joint solution...does that take it off the table for the election?
I agree that he is trying to APPEAR as if he putting the country before politcs or the campaign.
Look...Congress has been working on this deal since last week, and it was pretty much a done deal today...and you want to believe that McCain didn't know that ahead of time?
Considering the McCain was floating the idea of postponing the debate until next week and then to "postpone" the VP debate...he is looking more manipulative and weaker all the time.
McCain had a chance to stand up and look like a leader last week. As George Will (and others) said, he looked like he didn't have a clue.
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Playing the Game
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Posted: Fri Sep 26th, 2008 12:34 am |
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| I think you are going to owe me a cup of coffee at the Hollywood Diner in November.
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Game_Over2007
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Posted: Fri Sep 26th, 2008 12:04 am |
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| Photo Op first maybe? Considering he's slowly losing it.... Let's see if he can go to Mississippi tomorrow night.....
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Playing the Game
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Posted: Thu Sep 25th, 2008 10:41 pm |
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Actually I think he is trying to put the country before the politics or the campaign.
Fred wrote:
I think he is trying to present an appearance of someone who is willing to put politics above the camaign. I think he is hoping he'll get a bounce in the polls, ala the Palin bump.
However, if they come up with a joint solution...does that take it off the table for the election?
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Legends457
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Posted: Thu Sep 25th, 2008 05:50 pm |
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| Well the McCain damage control team is trying to keep Palin on the sidelines as much as possible due to her inability to comprehend whats going on in the world. The GOP has to be proud of McCain with this pick. Two self proclaimed mavericks with no clue as to what the hell is going on around them. Multi-tasking? hmmmmmm Guess thats a big word huh?
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Ben Franklin
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Posted: Thu Sep 25th, 2008 04:36 pm |
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BEGIN QUOTE-
Army Unit to Deploy in October for Domestic Operations
Beginning in October, the Army plans to station an active
unit inside the United States for the first time to serve
as an on-call federal response in times of emergency. The
3rd Infantry Division’s 1st Brigade Combat Team has spent
thirty-five of the last sixty months in Iraq, but now the
unit is training for domestic operations. The unit will
soon be under the day-to-day control of US Army North, the
Army service component of Northern Command. The Army Times
reports this new mission marks the first time an active
unit has been given a dedicated assignment to Northern
Command. The paper says the Army unit may be called upon to
help with civil unrest and crowd control. The soldiers are
learning to use so-called nonlethal weapons designed to
subdue unruly or dangerous individuals and crowds.
END QUOTE.
NICE HUH PEOPLE. THE ARMY IS PREPARING FOR THE CIVIL UNREST THAT IS SURE TO FOLLOW THE ECONOMIC COLLAPSE.
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Fred
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Posted: Thu Sep 25th, 2008 12:26 pm |
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I think he is trying to present an appearance of someone who is willing to put politics above the camaign. I think he is hoping he'll get a bounce in the polls, ala the Palin bump.
However, if they come up with a joint solution...does that take it off the table for the election?
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Game_Over2007
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Posted: Thu Sep 25th, 2008 09:45 am |
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| It's funny how John McCain is running from the debate now based on his need to "Lead" in Washington. He is not part of the committee process. He will not be in those closed door sessions. He has no say except his one vote. He is up against a wall again and now he tries to change his game plan to avoid failure. Ms Palin is running out of Popularity Gas and has been avoiding answering any questions when asked. You can only do so many Photo Ops and protect her before people will say enough is enough and make their decisions based on the reality of the situation. John McCain's pole numbers are slowly heading south and it's telling you a story and the McCain team is in trouble. Like I said the chips are down and he has a real hard time "multi-tasking" which a real leader needs as part of a skill set for the U.S. Presidency. Walk and chew gum at the same time for those of you who have failed to see the connection.
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Playing the Game
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Posted: Thu Sep 25th, 2008 01:11 am |
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| I called Obama at 3:00 in the morning and got a busy signal......................
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Habanero
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Posted: Wed Sep 24th, 2008 11:08 pm |
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| If they need me, call me................
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Legends457
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Posted: Wed Sep 24th, 2008 09:19 pm |
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| Now John McCain is suspending his Straight Talk Express to go back to Washington DC so he can provide leadership!!!!! Why don't he send Wonder Woman Palin and her hubby TODD...... A smile goes a long way when you know nothing....
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Ben Franklin
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Posted: Wed Sep 24th, 2008 08:36 pm |
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http://www.marketoracle.co.uk/Article6376.html The cost of this Paulson manifesto will be trillions on top of the already $600 billion spent in specific corporate bailouts this year. If they are spending trillions anyway, debasing the Dollar anyway, then the American household should also be bailed out. A rebate of the past ten years income taxes should be sent directly to each and every household, with the caveat that half of that money must be used to pay off existing debt. If no debts, great, the household gets to keep the entire rebate. Further, the unconstitutional confiscation of wealth known as the real estate tax should be eliminated and replaced with a sales tax. Also, a usury interest rate ceiling of 10 percent should be imposed immediately upon all financial institutions, the key beneficiaries of the Paulson manifesto. The Treasury should begin issuing a new currency that it backs with precious metals, and finally, the Federal Reserve should be abolished. The thinking here is trickle up economics is the medicine that is needed, not more trickle down.
Anyone else tired of the NeoCons stealing our life blood? I think its time for a little good ole fashion forefather rebellion!
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