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RedditDemocratic presidential candidate Barack Obama, like rival John McCain, has yet to take a stand one way of the other on the proposal to have U.S. taxpayers bail out the worst players in the U.S. financial system with a scheme to buy up $700 billion worth of bad loans.
Obama calls McCain "the great deregulator" and warned that the Republican would do to the health care system what had been done to the banking.
McCain's campaign called Obama a "directionless driver" on the economy.
Obama was for helping Wall Street and Main Street, which was better than just helping Wall Street... but not much, when you consider that Main Street rarely wins these wrestling matches. McCain was for keeping "people in their homes and (safeguarding) the life savings of all Americans by protecting our financial system and capital markets," which is this week's variation on the "sound economy" in "crisis" dichotomy of last week.
But neither candidate took a clear stand on the proposal that's being placed on the table.
So what should the contenders -- especially Obama -- be saying?
How about borrowing a page from Vermont Senator Bernie Sanders, who served as a member of the House banking committee before his election to the Senate, where he is now a member of the budget committee.
Sanders actually understands how the current crisis got started.
And the independent senator understands that what is being proposed by the Washington and Wall Street mandarins who got us into this mess as a fix is actually bad policy on steroids.
Here's what Sanders says -- and what Obama and the Democrats should be saying:
For years, as a member of the House Banking Committee and now as a member of the Senate Budget Committee, I have heard the Bush Administration tell us how "robust" our economy was and how strong the "fundamentals" were. That was until a few days ago. Now, we are being told that if Congress does not act immediately and approve the $700 billion Wall Street bailout proposal these "free marketers" have just written up, there will be an unprecedented economic meltdown in the United States and an unraveling of the global economy.This proposal as presented is an unacceptable attempt to force middle income families (and our children) to pick up the cost of fixing the horrendous economic mess that is the product of the Bush Administration's deregulatory fever and Wall Street's insatiable greed. If the potential danger to our economy was not so dire, this blatant effort to essentially transfer $700 billion up the income ladder to those at the top would be laughable.
Let us be clear. If the economy is on the edge of collapse we need to act. But rescuing the economy does not mean we have to just give away $700 billion of taxpayer money to the banks. (In truth, it could be much more than $700 billion. The bill only says the government is limited to having $700 billion outstanding at any time. By selling the mortgage backed assets it acquires -- even at staggering losses -- the government will be able to buy even more resulting is a virtually limitless financial exposure on the part of taxpayers.) Any proposal must protect middle income and working families from bearing the burden of this bailout.
I have proposed a three part plan to accomplish that goal which includes a five-year, 10% surtax on the income of individuals above $500,000 a year, and $1 million a year for couples; a requirement that the price the government pays for any mortgage assets are discounted appropriately so that government can recover the amount it paid for them; and, finally, the government should receive equity in the companies it bails out so that when the stock of these companies rises after the bailout, taxpayers also have the opportunity to share in the resulting windfall. Taken together, these measures would provide the best guarantee that at the end of five years, the government will have gotten back the money it put out.
Second, in addition to protecting the average American from being saddled with the cost, any serious proposal has to include reforms so that we end the type of behavior that led to this crisis in the first place. Much of this activity can be traced to specific legislation that broke down regulatory safety walls in the financial sector and allowed banks and others to engage in new types of risky transactions that are at the heart of this crisis. That deregulation needs to be repealed. Wall Street has shown it cannot be trusted to police itself. We need to reinstate a strong regulatory system that protects our economy.
Third, we need to address the needs of working families in this country who are today facing very difficult times. If we can bail out Wall Street, we need to respond with equal vigor to their plight. That means, for example, creating millions of jobs through major investments in rebuilding our crumbling infrastructure and creating a new renewable energy system. We must also make certain that the most vulnerable Americans don't freeze in the winter or die because they lack access to primary health care.
Finally, we need to protect ourselves from being at the mercy of giant companies that are "too big to fail," that is, companies who are so large that their failure would cause systemic harm to the economy. We need to assess which companies fall into this category and insist they are broken up. Otherwise, the American taxpayer will continue to be on the financial hook for the risky behavior, the mismanagement, and even the illegal conduct of these companies' executives.
These are the last days of the Bush Administration, the most dishonest and incompetent in modern American history. It is imperative that, at this important moment, Congress stand up for the middle class and for fiscal integrity. The future of our country is at stake.
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LOL .. save the rich. Sounds like a seriously twisted telethon
Posted by leftofcenter at 09/22/2008 @ 09:23am
Washington's ambitious strategy to bail out the troubled U.S. financial system "have been largely dollar negative," said James Hughes, analyst at CMC Markets.
The dollar index (DXY: 77.17, -0.29, -0.4%) , a measure of the greenback against a trade-weighted basket of currencies, fell to 77.432, down from 77.663 late Friday in North American trading.
"MANY TRADERS SEEMINGLY [ARE] BUYING INTO THE CORE IDEA THAT ANYTHING THAT'S GOOD FOR THE BANKS WILL BE BAD FOR TAXPAYERS," HUGHES SAID.
http://www.marketwatch.com/news/story/curr
encies-bailout-price-tag-pressures/story.aspx?guid=%7B08
C21F9F-0E8A-492D-BD4F-522177453E90%7D&dist=hpts
Posted by frosty zoom at 09/22/2008 @ 09:27am
’’’’"But neither candidate took a clear stand on the proposal that's being placed on the table.
So what should the contenders -- especially Obama -- be saying?"’’’’
they will say nothing specific.
most people understand nothing of this mess.
Posted by frosty zoom at 09/22/2008 @ 09:30am
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
t. j.
well, i guess the banks have gotten that power back.
’’’’’’’’’’’
European central banks put more cash into markets
The Associated PressPublished: September 22, 2008
According to the Bank of England, it offered US$40 billion in a one-day tender, for which the bank said it received US$26 billion in bids, but didn't indicate from how many banks.
The European Central Bank said it received bids worth US$82.1 billion for the US$40 billion it offered in a one-day transaction, or more than double what it had offered.
A spokesman at the Swiss National Bank said that central bank was continuing to provide weekly money at a rate of 1.9 percent "in a generous and flexible manner," but wouldn't provide further details.
’’’’’’’’’’’
Posted by frosty zoom at 09/22/2008 @ 09:37am
"That we are overdone with banking institutions which have banished the precious metals and substituted a more fluctuating and unsafe medium, that these have withdrawn capital from useful improvements and employments to nourish idleness, that the wars of the world have swollen our commerce beyond the wholesome limits of exchanging our own productions for our own wants, and that, for the emolument of a small proportion of our society who prefer these demoralizing pursuits to labors useful to the whole, the peace of the whole is endangered and all our present difficulties produced, are evils more easily to be deplored than remedied."
JEFFERSON - HEMINGS '08
Posted by frosty zoom at 09/22/2008 @ 09:40am
"The system of banking we have both equally and ever reprobated. I contemplate it as a blot left in all our Constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens. Funding I consider as limited, rightfully, to a redemption of the debt within the lives of a majority of the generation contracting it; every generation coming equally, by the laws of the Creator of the world, to the free possession of the earth he made for their subsistence, unincumbered by their predecessors, who, like them, were but tenants for life."
Thomas Jefferson
""Well, you know, first, Fannie and Freddie, different because quasi-government agencies there where government had to step in because the adverse impacts all across our nation, especially with homeowners, is just too impacting. We had to step in there. I do not like the idea, though, of taxpayers being used to bail out these corporations. Today, with AIG, important call there, though, because of the construction bonds and the insurance carrier duties of AIG. But, first and foremost, taxpayers cannot be looked to as the bailout, as the solution to the problems on Wall Street."
Sarah Palin
COUNTRY FIRST!
Posted by frosty zoom at 09/22/2008 @ 09:48am
"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared."
i concur.
Posted by frosty zoom at 09/22/2008 @ 09:52am
"If the debt which the banking companies owe be a blessing to anybody, it is to themselves alone, who are realizing a solid interest of eight or ten per cent on it. As to the public, these companies have banished all our gold and silver medium, which, before their institution, we had without interest, which never could have perished in our hands, and would have been our salvation now in the hour of war; instead of which they have given us two hundred million of froth and bubble, on which we are to pay them heavy interest, until it shall vanish into air... We are warranted, then, in affirming that this parody on the principle of 'a public debt being a public blessing,' and its mutation into the blessing of private instead of public debts, is as ridiculous as the original principle itself. In both cases, the truth is, that capital may be produced by industry, and accumulated by economy; but jugglers only will propose to create it by legerdemain tricks with paper."
JEFFERSON - HEMINGS '08
Posted by frosty zoom at 09/22/2008 @ 09:55am
If the American people are really going to understand the strategy of this public robbery, pundits and the media should be reading David Harvey's book, Neoliberalism, which details the political elite's "capitalist" philosophy. Basically, it's similar to John Dillinger's response to the question: Why do you rob banks? Dillinger: "Because that's where the money is. For the political and economic elite, the answer is the same, except that they have constructed law and policy to ensure that the taxpayer pays off the debts in order to keep the U.S. ship of state from sinking. That is about to change.
Posted by afrothetics at 09/22/2008 @ 09:58am
"No generation has a right to contract debts greater than can be paid off during the course of its own existence."
t.j.
’’’’’’’’’’’’’’’
"We do not inherit the earth from our ancestors, we borrow it from our children."
Native American Proverb
’’’’’’’’’’’’’’’
Since I'm not Bush, I leave him be! Foreign policy is so specialized......it's like hedge funds, highly leveraged with proprietary trading gimmicks & of course, risks-galore, leave it to the (elected) head Pros!
Posted by Happy at 07/09/2007 @ 1:34pm
’’’’’’’’’’’’’’’
Global GDP vs. Yearly Average Global Temperature vs. United States National Debt 1791 - 2005
http://www.swivel.com/graphs/show/5392392?page=2&per_page=50
’’’’’’’’’’’’’’’
They used to tell me I was building a dream, and so I followed the mob, When there was earth to plow, or guns to bear, I was always there right on the job. They used to tell me I was building a dream, with peace and glory ahead, Why should I be standing in line, just waiting for bread?
Once I built a railroad, I made it run, made it race against time. Once I built a railroad; now it's done. Brother, can you spare a dime? Once I built a tower, up to the sun, brick, and rivet, and lime; Once I built a tower, now it's done. Brother, can you spare a dime?
Once in khaki suits, gee we looked swell, Full of that Yankee Doodly Dum, Half a million boots went slogging through Hell, And I was the kid with the drum!
Say, don't you remember, they called me Al; it was Al all the time. Why don't you remember, I'm your pal? Buddy, can you spare a dime?
Posted by frosty zoom at 09/22/2008 @ 10:04am
It's always nice to get your ZOOM back!
Posted by Benchrest at 09/22/2008 @ 10:20am
I can't see how relevant Thomas Jefferson is on the subject of economics. you might as well scour his writings for who the greatest Motown artist is, or which one is the cutest Beatle.
Posted by emile duBois at 09/22/2008 @ 10:32am
The debate on the news this morning was about the need to pass a "clean" bailout bill by the end of the week.
Funny how the party of low taxes, family values, personal responsibility, and national security now substitutes the word "clean" for "totally lacking in any sort of accountability".
It's all a love letter for Obama. You thought the mess we left you was big? Watch THIS!
Posted by MyParadigm at 09/22/2008 @ 10:32am
and it's only going to cost you a trillion!
Posted by frosty zoom at 09/22/2008 @ 10:40am
Posted by emile duBois at 09/22/2008 @ 10:32am
ringo!
Posted by frosty zoom at 09/22/2008 @ 10:42am
I can't see
Posted by emile duBois at 09/22/2008 @ 10:32am
Posted by frosty zoom at 09/22/2008 @ 10:43am
Where are all our right-wing "let the markets fix themselves" posters on this thread?!?!??!?
Kind of a dilemma...keep your principles or defend Dubya.
Of course that's been true for years now.
Posted by Maskdelta at 09/22/2008 @ 10:57am
and it's only going to cost you a trillion!
Posted by frosty zoom at 09/22/2008 @ 10:40am
A trillion here and a trillion there and before you know it, you're talking about some real money.
ah, who cares? We can print more.
Posted by Benchrest at 09/22/2008 @ 11:02am
be sure to powder your wig.
Jefferson was a contemporary of Mozart for chrissakes.
Posted by emile duBois at 09/22/2008 @ 11:02am
Posted by emile duBois at 09/22/2008 @ 10:32am
Marvin Gaye!
Posted by Benchrest at 09/22/2008 @ 11:05am
here's what you do Frzzy, next time your sick, do what they did in the 18th century, have the barber/surgeon bleed you. that'll take care of everything.
Posted by emile duBois at 09/22/2008 @ 11:05am
is mozart invalid?
last time i checked, homophonic tertian music was all the rage.
Posted by frosty zoom at 09/22/2008 @ 11:07am
so the constitution is invalid?
Posted by frosty zoom at 09/22/2008 @ 11:08am
Posted by emile duBois at 09/22/2008 @ 10:32am Marvin Gaye! Posted by Benchrest at 09/22/2008 @ 11:05am | ignore this person | warn this person
you and I and T.J. are in agreement on this one, though Smokey is the more prolific songwriter and little Stevie has a more positive message.
Posted by emile duBois at 09/22/2008 @ 11:08am
Posted by frosty zoom at 09/22/2008 @ 11:08am | ignore this person | warn this person
don't be daft, and don't change the subject, which is economics. you are getting very lazy in your thinking.
Posted by emile duBois at 09/22/2008 @ 11:09am
if you can't understand the relevance of:
"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared."
then perhaps you should occupy yourself with this:
http://www.youtube.com/watch?v=6sCjgv3TnLc&fmt=18
Posted by frosty zoom at 09/22/2008 @ 11:11am
"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared."
the word economy is used in a completely different way. public debt got us out of the depression, among other things.
you are seriously out of your depth here. but you may continue to make a fool of yourself.
Posted by emile duBois at 09/22/2008 @ 11:24am
thanks for the advice, brag again.
Posted by frosty zoom at 09/22/2008 @ 11:41am
you are seriously out of your depth here.
Posted by emile duBois at 09/22/2008 @ 11:24am
oh, the mighty sage speaketh.
and offers nothing.
Posted by frosty zoom at 09/22/2008 @ 11:44am
it's not bragging when you can do it.
Posted by emile duBois at 09/22/2008 @ 11:55am
HAPPY?????
MAASCH/JOMAM??????
PONTI??????
LVLIB?????
How about Darin the Troll/MBB trying to change the subject?!?!?!?!?
How about RIO/RED trying to talk about "Demoncrats" or "sek'lar regressives"?!?!?!?!?!?
SJCHERMAK with some "truthiness??!?!???
Helloooooooooooooooo?
Posted by Maskdelta at 09/22/2008 @ 11:58am
NYT September 22, 2008
--Mr. Bush said. "It is not easy to write a bill of this magnitude in a timely manner." But he added: "It would not be understandable if members of Congress sought to use this emergency legislation to pass unrelated provisions, or to insist on provisions that would undermine the effectiveness of the plan. I appreciate members of Congress in both parties resisting the urge to do so."--
"It would not be understandable..."
Let's see now... Bush won't find Bin Laden... Refused to 'bail out' New Orleans... Only reluctantly created the 9/11 commission... Turned a deaf ear to millions of foreclosures... Has shipped jobs overseas and compromised middle class values... And refuses to 'get serious' about Iraq either one way or another...
But instantly jumps to his feet and writes up legislation that obligates a gigantic sum of money (equal roughly to the entire fiscal year budget of the US ) ... all of which is to be borrowed... to the bail out of businesses that believe that 'leveraging' our grandchildren's financial solvency is sound business practice...
...and wants us to 'forget' that if he had had his way... our entire Social Security 'matrix' would have had its economic foundation firmly tied to a market that has proven to be based on a pipe dreams...
No.
Step aside GWB... "public servant"... we'll take it from here.
The 'bail out' needs to be directed towards the American people... and encouraged to 'trickle up' from there... by appropriate and smart money policy. If this incredibly vast sum of money is not 'earmarked' for the middle class... we'll never see a dime of it... and will be good money after bad.
Posted by ttr at 09/22/2008 @ 12:02pm
it's not bragging when you can do it.
Posted by emile duBois at 09/22/2008 @ 11:55am
wow, you've learned to type with your ass.
Posted by frosty zoom at 09/22/2008 @ 12:02pm
your comments here are widely appreciated, by me too, but sometimes a glibness creeps in.
I think it is because you are an observer not an actor. you obviously care deeply about what goes on here, but there is little you can do to influence events, short of moving here, becoming a citizen and voting.
I incidentally followed that course. I always had a lot at stake. having to use subterfuge to avoid getting drafted, for one. My lively hood too is at stake. my clients depend on grants and donations. they don't get, I don't get. on top of all that my home, my apartment, my castle was suddenly yanked out from under me. I do not know when I can return, or even if I can return. this is not a plea for sympathy or rescue. like our whig friends, I am a believer in self sufficiency.
Posted by emile duBois at 09/22/2008 @ 12:10pm
wow, you've learned to type with your ass. Posted by frosty zoom at 09/22/2008 @ 12:02pm | ignore this person | warn this person
and you are exhibiting a coarse side.
Posted by emile duBois at 09/22/2008 @ 12:12pm
enough, sorry people.
Posted by emile duBois at 09/22/2008 @ 12:12pm
Posted by ttr at 09/22/2008 @ 12:02pm
It'd be fun if some reporter would ask Bush if, given that $700,000,000,000 price-tag...
if he thinks further tax cuts or making his tax cuts permanent would be fiscally responsible.
And watch him look like a contradictory fool....or undercut McCain and the Republicans in the Fall!
Posted by Maskdelta at 09/22/2008 @ 12:14pm
"Draft legislation proposes sweeping powers for Treasury Secretary Henry Paulson to buy and sell mortgage-related securities however he sees fit. Aside from requiring periodic reports to Congress, the bill provides no oversight of the bailout's management -- and specifically bars any court or agency from reviewing it."
hmmm?
i wonder what thomas jefferson thinks about that.
"There can be no safer deposit on earth than the Treasury of the United States."
uh oh.
Posted by frosty zoom at 09/22/2008 @ 12:17pm
Stop Bush's power grab and protect the citizen's interests. Insist that congress use the bailout to take ownership of the investment firms and raise taxes on the wealthy to pay the costs. Contact your rep: http://www.house.gov/house/MemberWWW.shtml
Posted by Markfromatlanta at 09/22/2008 @ 12:21pm
here's what you do Frzzy, next time your sick, do what they did in the 18th century, have the barber/surgeon bleed you. that'll take care of everything.
Posted by emile duBois at 09/22/2008 @ 11:05am
that's what Chimpy The Barber of Crawford is doing to the the country. He even has trained leeches wearing suits and fancy titles like "Treasury Secretary".
emile, you lost your abode? WTF?
Posted by crabwalk at 09/22/2008 @ 12:27pm
"I'm doubtful that the only thing standing between us and a financial panic is for Congress to sign this week, on behalf of the American taxpayer, a $700 billion check over to the Treasury."
William Kristol!
Posted by frosty zoom at 09/22/2008 @ 12:28pm
if he thinks further tax cuts or making his tax cuts permanent would be fiscally responsible.
...by Maskdelta at 09/22/2008 @ 12:14pm
Do you honestly think that ANYONE anywhere anymore... actually believes GWB has a 'fiscally responsible' bone in his body?
This 'write down' is his swan song.
Posted by ttr at 09/22/2008 @ 12:35pm
$700,000,000,000 to bail out the smartest guys in the room, the Leaders, the "Producers of wealth", the financial wizzes from Harvard, Princton, Northwestern etc,....
but fund S-CHIPS?
Hell no! Those kids are lazy and don't understand the "Free Market"!This Free Market that tells us regulation is bad, there is no such thing as "anti-Trust" and merger upon mergers are good for the fundamentals of our economy.
good God! The GOP has contourted themselves into the worst piece of hypocritic linguini I have ever seen!
Family Values? nope, not anymore
Fiscal repsonsibility?- nope, two wars off budget, multiple bailouts for the financial "experts".
Experience? nope, moose skinning is enough. Being a constitutional instructor ot Chicago School of Law means squat compared with being mayor of 7000 souls.
Nanny state? sure, for the top 2%.
You guys are a bad joke. Unfortunatly some of us have to live with the punch line.
Posted by crabwalk at 09/22/2008 @ 12:36pm
Frosty
good to have you back.
Posted by crabwalk at 09/22/2008 @ 12:38pm
Posted by ttr at 09/22/2008 @ 12:35pm
Again, love to see our resident right-wing "deficit dove" HAPPY show up and explain how we CAN have both a $700 Billion bail-out AND McCain's 3.4 TRILLION dollar tax cut...
and how McCain is going to find FOUR TRILLION PLUS in "earmarks and wasteful spending"!
LOL
Posted by Maskdelta at 09/22/2008 @ 12:38pm
emile, you lost your abode? WTF? Posted by crabwalk at 09/22/2008 @ 12:27pm | ignore this person | warn this person
I was vacated by the dept of buildings because of structural damage and imminent danger. much scrambling ensued, and after two months I am in a secure place, for now. my advice? take nothing for granted.
Posted by emile duBois at 09/22/2008 @ 12:44pm
Posted by madlib at 09/22/2008 @ 12:42pm | ignore this person | warn this person
I don't share your pessimism. Obama has given every indication of being a steady, thoughtful man. he exhibited great patience in dealing with Hillary, not going for the sucker punch. I look forward to having him in the white house and a far more Democratic party congress.
that said I am pessimistic too. likely no rescue package will be passed.
Posted by emile duBois at 09/22/2008 @ 12:49pm
"The dollar weakened broadly as skeptical investors tried to sort out the details of the rescue plan, while government debt prices in the euro zone and the United States extended losses due to concerns about the how much this would cost Washington. Congress would need to increase the U.S. government's debt limit to $11.3 trillion from $10.6 trillion."
didn't they just reset that?
"The national debt ceiling was raised on July 27, 2008 by $800 billion dollars to $ 10.6 trillion."
they raise the ceiling and the roof keeps collapsing.
Posted by frosty zoom at 09/22/2008 @ 12:50pm
Sorry to hear that emile. How old is the building? Who was responsible for collecting your rent and assuring the building was maintained according to standards?
Posted by crabwalk at 09/22/2008 @ 12:51pm
by Maskdelta at 09/22/2008 @ 12:38pm...
...and how we can't pick up the pieces of a completely disenfranchised and 'sold up the river' middle class... because that would be socialism...
But we can give away hundreds and hundreds of billions to speculators that threaten our national security...
Posted by ttr at 09/22/2008 @ 12:52pm
Again, love to see our resident right-wing "deficit dove" HAPPY show up and explain how we CAN have both a $700 Billion bail-out AND McCain's 3.4 TRILLION dollar tax cut... and how McCain is going to find FOUR TRILLION PLUS in "earmarks and wasteful spending"! LOL
Posted by Maskdelta at 09/22/2008 @ 12:38pm
man, i tried to find those posts from last year where happy said how excellent debt was but they've been flushed.
earmarks:
http://economistsview.typepad.com/photos/uncategorized/20
08/09/13/earmarks.gif
must see graph.
Posted by frosty zoom at 09/22/2008 @ 12:55pm
Frosty
good to have you back.
Posted by crabwalk at 09/22/2008 @ 12:38pm
thanks, dude.
i still think you should run for prez.
Posted by frosty zoom at 09/22/2008 @ 1:00pm
It is stupid, STUPID, for the webmaster to delete past posts of those who have been "banned", as it prevents future use of said posts to discredit them when they return under a new nick.
Posted by Benchrest at 09/22/2008 @ 1:02pm
One way I could look at it is this: the half-trillion spent on the GWOT/Iraq, has led to 4 peaceful, good years of economic and national net worth growth worth $10~$20 Trillions.
Posted by Happy at 10/09/2007 @ 10:48pm
Tax cuts work but you Libs just don't buy it! Your preferred policies will reduce inequality but will lead to higher unemployment and less economic growth, quite possibly a policy-driven recession!
Posted by Happy at 10/10/2007 @ 12:07am
In case some of you didn't know, the DOW and S&P set ALL-TIME HIGHS today while the NASDAQ set another 6~7 year (post-2000 crash) high....The Russell 2000 is within 1% of its own all time high. All of you with stock or fund accounts, stop the bitching and log into your accounts.....`smell' the roses and enjoy a bit!
Posted by Happy at 10/09/2007 @ 10:30pm
Posted by MARKCANYON 01/28/2008 @ 11:10pm
When it comes to the economy, I agree w/you Libs/Progs are "soft in the head".....but, it's NOT that they are making Americans dumber than they are, THEY ARE DUMBER THAN MOST AMERICANS!
Posted by Happy at 01/28/2008 @ 11:21pm
The economy is chugging along ok nonsense, is fantasy, sucker, bullshit. Posted by V 01/06/2008 @ 10:58pm
Bull shit economy??? You monitor that and gets paid? And, able to blog while `on the clock'? Guess you must have a ?bull shit? job that pays well? Posted by Happy at 01/07/2008 @ 12:01am
Wall Street's securitization machine, is dead. Posted by V at 01/07/2008 @ 01:36am
Goodby, dead! Didn't know your job involved GW Bullshit! Nail in your coffin! Posted by Happy at 01/07/2008 @ 11:33am
Just trying to help....for the benefits of all the economic retards! Posted by Happy at 01/06/2008 @ 12:56am
Posted by frosty zoom at 09/22/2008 @ 1:23pm
hey bench,
maybe i didn't look goodly enough...
Posted by frosty zoom at 09/22/2008 @ 1:23pm
..By selling the mortgage backed assets it acquires-even at staggering losses-the government will be able to buy even more resulting in a virtually limitless financial exposure on the part of taxpayers)"
Sanders rebuts the repuke argument that the government will merely hang on until we've got another housing bubble & cash in recouping all the taxpayer dough. Some will buy into the repuke con. Hopefully not.
Posted by Sorelish at 09/22/2008 @ 1:26pm
i still think you should run for prez.
Posted by frosty zoom at 09/22/2008 @ 1:00pm
I have most of the qualifications required by the GOP, other than a blind adherence to Imaginary Friends.
I see Pirates were at it again, global warming must be a hoax.
Posted by crabwalk at 09/22/2008 @ 1:38pm
ZOOM, did you have these?---
"I used to get concerned when deficits were running in the tens of billions....I was young.....didn't realize how confidence in America was so powerful in the world and we can export US dollars that cost next-to-nothing and roll them over and over and over....
IF the US ever decides to be unethical, it can wipe away all foreign-held debt....that's a nuclear option surely tucked deep inside some `Emergency Plan' somewhere!"----Posted by HAPPY 09/11/2007 @ 10:22pm
"I told you before, I don't know and I don't care! The money spent fighting overseas have brought tangible security and prosperity, even if it has been weighed towards the top."----Posted by HAPPY 10/24/2007 @ 10:31pm
(and in the same thread....)
"I do recall that what I care about, is the direction of our deficits--very positive in recent year, even better than that Fe. `07 WSJ article I posted yesterday! It's the Economy (& security), MASKPID!"----Posted by HAPPY 10/25/2007 @ 11:29am
Posted by Maskdelta at 09/22/2008 @ 1:38pm
Posted by Maskdelta at 09/22/2008 @ 1:38pm
ah, master. i knew you wouldn't fail.
ah, but look:
What's Mr. Bush's secret? Ingredient one: strong revenue growth driven by an economy distinguished by surging profits and rising incomes at the top, which are taxed more heavily than incomes at the bottom. Ingredient two: tax cuts and spending increases, which arrived when the U.S. economy needed a boost. Ingredient three, and perhaps the most significant: the willingness of foreigners to lend to the U.S., which finances the budget deficit without pushing up interest rates at a time when Americans don't save very much.
"This situation is what you'd call an exorbitant privilege," says Menzie Chinn, a University of Wisconsin economist. "We've gotten a pretty good deal so far."
NO ONE KNOWS WHEN THIS BONANZA MIGHT END,......
Posted by Happy at 10/24/2007 @ 9:31pm
Posted by frosty zoom at 09/22/2008 @ 1:46pm
Posted by frosty zoom at 09/22/2008 @ 1:46pm
I think between the two of us, we've partially explained HAPPY's absence today....that and he may be calling his broker, like "the Duke Brothers" in "Trading Places", screaming "Get back in there and SELL! SELL!"
or the fact that I just caught a piece of Limbaugh and.....yep....
Rush is trying to blame the housing collapse on Andrew Cuomo in the CLINTON Administration!
Almost 8 years later and Bush is "helpless" to the "time-delayed" machinations of the Clintons.
(And it may be that even HAPP is too embarassed to try that line of crap!)
Posted by Maskdelta at 09/22/2008 @ 1:50pm
When we lose our pole position as the globally dominant capitalist country, is when deficits really matter.....up until then, minor hiccups only!
Posted by Happy at 09/11/2007 @ 10:22pm
burp!
Posted by frosty zoom at 09/22/2008 @ 1:54pm
Posted by HAPPY 09/11/2007 @ 12:48pm
house of cards
FROM DETROIT WEATHER OFFICE:
Condition: Cloudy
Temperature: 18.2°C
Pressure / Tendency: 100.8 kPa / rising
Visibility: 24 km
Humidity: 62%
Dew Point: 10.8°C
Wind Speed: HEADING TO RECESSION/GUSTS UP TO DEPRESSION
Posted by frosty zoom at 09/11/2007 @ 1:46pm
Posted by frosty zoom at 09/22/2008 @ 1:57pm
Lets turn this forum into a discussion of cultural and societal values with an emphasis on sexuality. that should get it back into the real mission of the federal government according to the cons.
that and bailing out the smartest guys in the room. Other than those two things, the feds should just stay out of the way!!
Posted by crabwalk at 09/22/2008 @ 1:58pm
Hey!
Don't forget military adventures. We're big time in favor of those as well!
Posted by Darin_the_Troll at 09/22/2008 @ 2:10pm |
and doing a BANG up job!
winning hearts and minds all across the ME!
Have you told your kids yet how much they will owe for the bailouts and military adventures? Oh, that's right, the bailout will actually result in a net gain for the taxpayers! that's why no private sector investment banks are stepping up to the plate, the guarenteed 8.5% return.
Posted by crabwalk at 09/22/2008 @ 2:24pm
there are no private sector investment banks left.........
Posted by frosty zoom at 09/22/2008 @ 2:35pm
there are no private sector investment banks left.........
Posted by frosty zoom at 09/22/2008 @ 2:35pm
hic
burp
Plop plop, fizz, fizz, oh what a bailout it is.
Posted by crabwalk at 09/22/2008 @ 2:37pm
and you are exhibiting a coarse side.
Posted by emile duBois at 09/22/2008 @ 12:12pm
Night and day, you are the one, I f**k up the **s
Only you beneath the moon or under the sun, you f**k me up the **s
Whether near to me, or far
Its no matter darling where you are
I think of you, f**king me up the **S
Posted by emile duBois at 06/18/2008 @ 4:13pm
Posted by frosty zoom at 09/22/2008 @ 2:38pm
are you proud of your new purchases, crab?
perhaps you'll be able to move into one of these "assests".
Posted by frosty zoom at 09/22/2008 @ 2:39pm
Goldman Sachs' chief executive, Lloyd Blankfein, said his firm would be viewed as an "even more secure institution" under the new regime while Morgan Stanley's boss John Mack said it offered "certainty about the strength of our financial position and our access to funding".
Only last week, both firms were vigorously defending the viability of their business models in spite of a sell-off which sent their stock plunging by 20% to 30% on consecutive days.
Posted by frosty zoom at 09/22/2008 @ 2:41pm
ooohh, no.
I paid for my assests with cold hard cash. She won't take credit.
now, the funny thing is, my rental properties are backed by me and my fellow investors.... not the feds. Maybe when the next tennant doesn't pay rent we could hit Darin and JOM up for the payments to WA-MU.
Or do I have to be a millionaire before socialism kicks in?
Posted by crabwalk at 09/22/2008 @ 2:44pm
Hey frosty! Glad you're back. Missed your humor. The only thing I can add is how bad I feel for those who've lost a majority of their livelihood. Especially those who only had a few years until retirement and were looking forward to cashing in.
I wonder what the scene would be if Social Security had been privatized already? Scary. Very scary.
Posted by k330k at 09/22/2008 @ 2:45pm
hey crab, meet your new partners:
http://www.nytimes.com/2008/09/22/busi
ness/22lobby.html?_r=1&em&oref=slogin
make sure they don't forget the key to the executive bathroom.
Posted by frosty zoom at 09/22/2008 @ 2:48pm
"Canada's banks are expected to push to be included in bailout efforts that will buy risky exposures from financial institutions"
heheh
thanks, guys.
Posted by frosty zoom at 09/22/2008 @ 2:52pm
I have a bridge over the Euphrates...
Only slightly used...
title is questionable...
sold recently for $1,000,000,000 to a coalition of willing investors...
Ms. Palin, would you like to invest in this guvt backed free market opportunity? You'll be wanting in now...
Posted by crabwalk at 09/22/2008 @ 3:04pm
"The definition of Financial Institution should be as broad as possible," the Financial Services Roundtable, which represents big financial services companies, wrote in an e-mail message to members on Sunday.
---
But it will not include the uninsured children of America. that would be socialist.
Posted by crabwalk at 09/22/2008 @ 3:06pm
Privatize the profits and socialize the losses. That is the key phrase for the modern right. I'm sure Happy and LVL will be on soon to talk about how this is all the Dem's fault and that somehow justifies it in their mind. It's funny watching them scramble for excuses to say that this isn't about deregulation and this is just more proof that we need to lower taxes, even though if we didn't have our current tax rate we would have no money to pay for this bailout, and this has no repercussion on the idea of privatizing social security. It's like watching someone scramble around to plug up the holes of a sinking ship.
Posted by Cccomfo1 at 09/22/2008 @ 3:21pm
Don't forget military adventures. We're big time in favor of those as well!
Posted by Darin_the_Tool at 09/22/2008 @ 2:10pm
Don't worry toolboy, nobody forgot ;)
Posted by ADHD at 09/22/2008 @ 3:26pm
Good ole Bernie Sanders, always hits the nail on the head. He is probably the only politician in Washington that is fit to sit in that big leather chair in the Oval office.
It is sad to think that he never will. But I have learned that the word "never" has a strange power to prove us wrong.
Posted by chaoszen at 09/22/2008 @ 3:43pm
Posted by Cccomfo1 at 09/22/2008 @ 3:21pm
Up is blue, black is wombat, Bristol is a role model.
Posted by crabwalk at 09/22/2008 @ 3:46pm
Bristol is a role model.
Posted by crabwalk at 09/22/2008 @ 3:46pm
egad, i'm pregnant!
Posted by frosty zoom at 09/22/2008 @ 3:51pm
you and Billy Crystal?
Posted by crabwalk at 09/22/2008 @ 3:58pm
you and Billy Crystal?
Posted by crabwalk at 09/22/2008 @ 3:58pm
No, Kid Rock.
Posted by Benchrest at 09/22/2008 @ 4:01pm
no way,
only saxons for me!
Posted by frosty zoom at 09/22/2008 @ 4:01pm
Bristols baby was conceived by immaculate conception, just ask her boyfriend.
Posted by chaoszen at 09/22/2008 @ 4:03pm
no way,
only saxons for me!
Posted by frosty zoom at 09/22/2008 @ 4:01pm
Groupie.
Posted by Benchrest at 09/22/2008 @ 4:05pm
Does this rush to pass a "clean" bailout bill remind anyone else of how the Patriot Act was passed with barely anyone being able to even read the damn thing, let alone debate it?
"The sky is falling, the sky is falling. But trust us, we can fix it, just like we've run everything else so smoothly over the last eight years."
Posted by cka2nd at 09/22/2008 @ 4:09pm
After all Wasilla is the meth capitol of Alaska. And we all know what meth does to the "screw like crazy" instinct.
Posted by chaoszen at 09/22/2008 @ 4:10pm
Heads up....the White House is releasing some spin....
apparently ...NONE of this is Dubya's fault as "he warned of the need for GSE reform seven years ago but Congress ignored him!!!!!"
Look for it!
Posted by Maskdelta at 09/22/2008 @ 4:12pm
If it was seven years ago that would make it a Repub congress. And they never ignore Dubya. Hmmm. He must have been pushing for more deregulation and it wasn't enough for the Repubs.
Posted by chaoszen at 09/22/2008 @ 4:18pm
Up is blue, black is wombat, Bristol is a role model. Posted by crabwalk at 09/22/2008 @ 3:46pm
I would love to play word association with a neo-con. It would be the most mind boggling game ever.
Posted by Cccomfo1 at 09/22/2008 @ 4:19pm
Yeah, what's a petty dic'tatorship for if not to pilfer from our public coffers every last drop-- where the hell has everyone been?!?!? DUH, HELLO!
But no, sure-- our congress was best of service 'not' impeaching the bums out asap...
Yeah, that's worked oh sooo well.
Posted by hsuBfools at 09/22/2008 @ 4:22pm
But no, sure-- our congress was best of service 'not' impeaching the bums out asap... Posted by hsuBfools at 09/22/2008 @ 4:22pm
No, No, You got it all wrong. Nancy Pelosi was only trying to protect us from political salmonella. That dish was spoiled, and thats why Nancy took it off the table! She is such a good mother...
Posted by chaoszen at 09/22/2008 @ 4:30pm
Does this rush to pass a "clean" bailout bill remind anyone else of how the Patriot Act was passed with barely anyone being able to even read the damn thing, let alone debate it?
Posted by cka2nd at 09/22/2008 @ 4:09pm
"The effort to block court review reminded some congressional staffers of the Bush administration's response to the Sept. 11, 2001, terrorist attacks, when it issued language and took steps to keep judges from second-guessing decisions about wiretapping and detention of suspected enemy agent"
http://online.wsj.com/article/SB122204156493561237.html
hey, cka. the wall street journal agrees with you!
Posted by frosty zoom at 09/22/2008 @ 4:32pm
"Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."
Posted by hsuBfools at 09/22/2008 @ 4:34pm
Posted by Maskdelta at 09/22/2008 @ 4:12pm
If I am reading this right .. the logic (or imitation thereof) is that Republicans are blaming it on ...the Republicans?
Posted by leftofcenter at 09/22/2008 @ 4:44pm
Sorry to hear that emile. How old is the building? Who was responsible for collecting your rent and assuring the building was maintained according to standards? Posted by crabwalk at 09/22/2008 @ 12:51pm | ignore this person | warn this person
I'll be brief. the building is 70 years old. it was evidently built on landfill. in part "organic" fill. it is now slowly sinking. large cracks in the wall going up to the sixth floor. the landlord, who has been milking the building and not fixing anything did nothing for over a year.
only my line of apartments was vacated, the rest of the building is ok, for now.
Posted by emile duBois at 09/22/2008 @ 4:54pm
If I am reading this right .. the logic (or imitation thereof) is that Republicans are blaming it on ...the Republicans?
Posted by leftofcenter at 09/22/2008 @ 4:44pm |
That should not be all that surprising. The Republicans will eat their own at the drop of a hat. But they usually dine in private. Must be desperation at work for them to be feeding in broad daylight.
Posted by chaoszen at 09/22/2008 @ 4:58pm
RON PAUL HAS JUST ENDORSED CHUCK BALDWIN OF THE CONSTITUTION PARTY FOR PRESIDENT!!
So much for "Shmendrik Gate" and the campaign of Bob Barr.
Posted by john lowell at 09/22/2008 @ 6:01pm
And I'm sorry but I can't really agree with you there, because as the new-cons here love to say the man has no experience and no credentials.
this is just not true. compare him to the present incumbent. end of story. get used to saying president Obama.
Posted by emile duBois at 09/22/2008 @ 6:10pm
Emile,
Jefferson had a lot to say about economics. With your significant grasp of history, I am surprised you would say otherwise. Jefferson had first hand experience with the ravages of fiat currency and inflation. He lived adamantly against central banking and I'm confident would see the Federal Reserve as unconstitutional. [It is.]
I am discouraged that frosty can dig up that tasteless quote of yours on these blogs from the day you completely misunderstood my post and took it in a direction 180 degrees from my intent.
I was sorry to read your bad news about the apartment. I hope things are looking up for you.
Posted by freiheit1 at 09/22/2008 @ 6:37pm
If I am reading this right .. the logic (or imitation thereof) is that Republicans are blaming it on ...the Republicans?----Posted by leftofcenter at 09/22/2008 @ 4:44pm |
McCain trying to sound like New Dealer....as FRANKGRITS once said, "the idea is to win"....not be consistant or principled.
Posted by Maskdelta at 09/22/2008 @ 8:19pm
Obama's superior to McCain in the same way an IQ of 135 is superior to an IQ of 105,
in the same way generosity, empathy and compassion are superior to narcissism, exploitation and lying,
in the same way earnestness, sincerity and open mindedness are superior to pettiness, dissembling.
in the same way knowledge is superior to ideology.
Posted by winyahn at 09/22/2008 @ 9:04pm
Posted by madlib at 09/22/2008 @ 7:06pm | ignore this person | warn this person
to be elected to the senate is a high accomplishment in itself. to win his party's nomination for president too is a great and rare accomplishment. to be a state senator and to be reelected in that capacity is an accomplishment.
Posted by emile duBois at 09/22/2008 @ 9:06pm
Obama's "accomplishments" dwarf McCain's.
Obama's accomplishments are his integrity, wisdom, insight, morality, intelligence and aptitude.
Posted by winyahn at 09/22/2008 @ 9:19pm
"Obama's accomplishments are his integrity, wisdom, insight, morality, intelligence and aptitude."
Posted by winyahn at 09/22/2008 @ 9:19pm
Oooo!!! You forgot the FISA bill.
(yea, I'm voting for him anyway...by default. But, let's not get all delusional about it. OK?)
Posted by Malcontent at 09/22/2008 @ 9:26pm
Posted by freiheit1 at 09/22/2008 @ 6:37pm
thanks for the jeffersonian backup. the dude was pretty smart (even though he had slaves and was for attacking canada (ha ha!)
i quote jefferson because in many ways his ideas are the roots of your great country. it pains me to see things gone so far astray.
sorry about the old quote; he called me coarse.
if there's one thing my eight year old has taught me, it's that hypocrisy is a nasty human failing.
Posted by frosty zoom at 09/22/2008 @ 9:35pm
Oooo!!! You forgot the FISA bill. (yea, I'm voting for him anyway...by default. But, let's not get all delusional about it. OK?)
Posted by Malcontent at 09/22/2008 @ 9:26pm
and "clean" coal........
Posted by frosty zoom at 09/22/2008 @ 9:36pm
How about term limits for everyone. Entrenched cronyism is on both sides of the aisle.
At least republicans throw the bad apples out.
Democrats eat em up to cover themselves and deny getting the shits.
Posted by apoorspic at 09/22/2008 @ 10:54pm
Reality-based Obama knows to pick his battles. He'd be about as viable as Chomsky, whom I hold in high regard, for president if he didn't.
This election's a Rorschach on racism.
Millions of 'working class whites' are psychologically hungry for a thin excuse to vote against him. Big corp media would serve up mythical narrative, used against white military Kerry: x progressive position = ultra liberal, 'fraid of terrorists, wants to hug Osama, un-American, secret socialist, will sell out 'Merika.
Posted by winyahn at 09/22/2008 @ 11:32pm
Helloooooooooooooooo Maskdelta,
You took a roll call:
==============
HAPPY?????
MAASCH/JOMAM??????
PONTI??????
LVLIB?????
How about Darin the Troll/MBB trying to change the subject?!?!?!?!?
How about RIO/RED trying to talk about "Demoncrats" or "sek'lar regressives"?!?!?!?!?!?
SJCHERMAK with some "truthiness??!?!???
Helloooooooooooooooo?
Posted by Maskdelta
========================
Okay, you did ask for information, so I will provide you some. Remember, you asked.
How the Democrats Created the Financial Crisis:
Commentary by Kevin Hassett
http://www.bloomberg.com/apps/ news?pid=20601039&refer= columnist_hassett&sid=aSKSoiNbnQY0
Remember, Maskdelta, you asked for the information.
Posted by sjchermak at 09/23/2008 @ 08:39am
Hello Frosty Zoom,
You provided a "Weather Report", from Detroit!
===================
FROM DETROIT WEATHER OFFICE:
Condition: Cloudy
Temperature: 18.2°C
Pressure / Tendency: 100.8 kPa / rising
Visibility: 24 km
Humidity: 62%
Dew Point: 10.8°C
..... (and then some BS added by Frosty)
Posted by frosty zoom
======================
Questions:
1. since when has Environment Canada been reporting the weather in Detroit?
2. Is Detroit now part of Canada, or is Windsor part of Michigan now?
Here is a similar weather report from Windsor. Looks similar in content, eh?
======================
http://text.weatheroffice.gc.ca /forecast/city_e.html?on-94
Windsor[ Ontario ]Current Conditions
Observed at: Windsor Airport 8:00 AM EDT Tuesday 23 September 2008
Condition:Fog
Temperature:14.1°C
Pressure / Tendency:103.1 kPa / rising
Visibility:24 km
Humidity:93%
Dew Point:13.0°C
Wind Speed:ENE 8 km/h
==========================
I am nit-picking of course but you libs think people are so stupid (or rather, people who are not lib) that you probably figured you could be sloppy and nobody would know the difference.
Posted by sjchermak at 09/23/2008 @ 08:50am
Hello winyahn,
Okay, okay, okay. You say "This election's a Rorschach on racism. "
Okay, okay. I guess when Obama loses it will not be declared the election was stolen. I guess it is going to be because of racism.
My God, you on the left are tough! You don't quit, there is one excuse after another.
You don't care what kind of divisions you create in our country, all is necessary in the promotion of the leftist agenda.
You just "declare" that if someone does not vote for Obama, that is because of racism!
Could oppositon to Obama by some people be because he is a Democrat (and quite a left-leaning one to boot) and maybe they do not want what Democrats promote?
Oh, no, can't be that! It must be because of racism!
I guess if it had been Hillary as the nominee, it would have been sexism, but it is Obama as the nominee, so it is racism.
No productive solutions that actually help people, the very people you claim to be "fighting" for, just leftists continuing to divide people if this country does not hew to liberalism.
You just keep recycling this stuff over and over and over again. You on the left are never pleased or happy. Libs in Socialist Sweden, which we are told is utopia, are rioting now.
There is a difference between criticism and productive criticism.
This country can always benefit from productive criticism.
What is seen on this website is not productive criticism, but leftists in a stew about one thing after another.
If, God forbid, you ever succeeded in creating Socialist utopia here and creating an America subordinate to and subservient to whoever else, then you would have nothing to carp and complain about.
You would be really miserable then, you would have no more purpose, you wouldn't know what to do.
Posted by sjchermak at 09/23/2008 @ 09:44am
Do liberals hate Justice Thomas because he's black? Or because of his conservatism?
If they are truly colorblind regarding Thomas, then liberals should recognize that it is Obama's politics, not race that make it unlikely conservatives will vote for him.
So I find it insulting that democrats are so quick to cite racism as a reason Obama may lose this election, to the point of being threatening with civil unrest.
Sickening.
Posted by freiheit1 at 09/23/2008 @ 09:57am
I am nit-picking of course but you libs think people are so stupid (or rather, people who are not lib) that you probably figured you could be sloppy and nobody would know the difference.
Posted by sjchermak at 09/23/2008 @ 08:50am
bonk!
Posted by frosty zoom at 09/23/2008 @ 10:12am
So I find it insulting that democrats are so quick to cite racism as a reason Obama may lose this election, to the point of being threatening with civil unrest.
Sickening.
Posted by freiheit1 at 09/23/2008 @ 09:57am
the problem for obama isn't racist republican voters. they wouldn't vote for him no matter how pathetic the PALIN/OTHER GUY ticket is.
the problem for obama is racist democrats.
anyhoo,
check this out:
"Statistical models derived from the poll suggest that Obama's support would be as much as 6 percentage points higher if there were no white racial prejudice."
"Given a choice of several positive and negative adjectives that might describe blacks, 20 percent of all whites said the word "violent" strongly applied. Among other words, 22 percent agreed with "boastful," 29 percent "complaining," 13 percent "lazy" and 11 percent "irresponsible." When asked about positive adjectives, whites were more likely to stay on the fence than give a strongly positive assessment."
"The poll sought to measure latent prejudices among whites by asking about factors contributing to the state of black America. One finding: More than a quarter of white Democrats agree that "if blacks would only try harder, they could be just as well off as whites."
"Those who agreed with that statement were much less likely to back Obama than those who didn't."
http://news.yahoo.com/page/election-2008-political-pulse-obama-race
BUT IF THOSE DEMOCRATS SEEM LIKE ASSHOLES, CHECK OUT THE GRAPH!!!!!!
http://l.yimg.com/a/i/us/nws/elections/ap_poll_race_obama.jpg
OH, AND HERE'S A PRESENT FOR YOU, FREI:
http://utip.gov.utexas.edu/papers/utip_42.pdf
Posted by frosty zoom at 09/23/2008 @ 10:20am
Well thanks Frosty. Good to know the Fed has enslaved us all, regardless of race, creed or color. :-)
Posted by freiheit1 at 09/23/2008 @ 10:44am
Posted by freiheit1 at 09/23/2008 @ 10:44am
you know,
since the republicans won't change any of the social issues you stand firmly on,
(why would they? they'd have no "platform" left if they couldn't drive the ol' wedgie)
i suggest you vote for mr. obama.
after all, despite the clichιs, the democrats seem to run the economy better.
plus, they only do cheap, little wars........
Posted by frosty zoom at 09/23/2008 @ 10:58am
Posted by Malcontent at 09/22/2008 @ 9:26pm
the choice is not between Obama and someone more perfect. the choice is between Obama and the status quo.
Posted by emile duBois at 09/23/2008 @ 11:29am
Hey Frosty Zoom,
How is a cheap, little war going to stop Iran?
Sep 18, 2008 22:55 | Updated Sep 22, 2008 15:07 Column One: It is time to act By CAROLINE GLICK Jerusalem Post website
http://www.jpost.com/servlet/ Satellite?cid=1221745565484&pagename= JPost%2FJPArticle%2FShowFull
Yes, yes I know Frosty - Karl Rove and the Chickenhawk neocons made Ms. Glick write this. I know it consists of lies, because you libs will say it is lies. I know that George W. Bush made this up so as to try an create an excuse to invade Iran, which he and the Neocons have wanted to do since before he recieved the MBA his Daddy bought him.
In fact, I know that George W. Bush and Karl Rove have been planning an attack (along with Paul Wolfowitz), since "W" was in high school. When other kids in high school had their eyes on either studying, the guys or gals in their class, participating in high school sports or in the school play, George W. was dreaming of Imperialist War against Iran for Haliburton and Iranian Oil.
Or perhaps, this article was given to Ms. Glick by Rush Limbaugh, so Ms. Glick is just a dittohead.
Because we know Iran is not developing a nuclear weapon, or if they are they need it to defend themselves against us or Israel. If Israel and the U.S. did not have a military there would be world peace.
And yes, when Ahmadinejad says he wants Israel wiped off of the map, he doesn't mean it - he is harmless as a fly.
Latest news from Iran (about an Iranian Military Parade):
====================
http://www.kansascity.com/ 451/story/806820.html
Also taking part in the parade was a military truck carrying a huge banner saying "Israel should be eliminated from the universe" in both English and Farsi.
====================
Posted by sjchermak at 09/23/2008 @ 11:35am
Frosty Zoom,
I forgot. Sarah Palin is no doubt for imperialist war against Iran also! After she finishes hunting moose in Alaska, she will problably go and get herself some Iranians!
And yes, I know, Frosty (and Maskdelta, too), that I am bigoted and racist for saying negative things about the nice president of Iran that is for world peace and just wants to defend his nation against the twin threats of America and Israel.
What does Environment Canada say about the weather at their Detroit Weather Station today? Just curious.
Posted by sjchermak at 09/23/2008 @ 11:40am
bonk!
Posted by frosty zoom at 09/23/2008 @ 12:01pm
I agree with Bernie, a man I greatly admire. It infuriates me as a taxpayer to bail out a bunch of greedy losers who are the exact same people who tell critically ill disabled persons like my 33 year old daughter that they are on their own. We fought for 2 years to get disability for her so her medical treatment could be covered by medicare and medi-cal (California) and now we are still fighting to find a doctor who will accept her insurances and treat her. Soon it will be too late, as her liver and kidneys are giving out. Last night we spent 7 unsuccessful hours trying to find an emergency room that would take out a piece of glass embedded in her foot. This is a huge infection risk for a person with a life threatening illness. We see the beautiful new hospital buildings and clinics here in Sacramento while all the health care systems tell us they can't afford to take any more medicare and medi-cal patients and have met their quota for 2008. As far as I am concerned the banks and investment firms can go to hell. I am watching my beautiful and bright daughter die by degrees because our government doesn't believe that health care is the right of citizens, no matter how ill they are. $700 billion would be better spent taking care of our ordinary citizens in need rather than the greedy super rich.
Posted by macdon1 at 09/23/2008 @ 6:36pm
I have no problem with socialism when the goal is to help those with the least among us, but this last stab at "socialiteism" by the Bush Administration to bailout his "base" one more time cannot be allowed under any circumstances.
Posted by maggiesboy at 09/23/2008 @ 7:02pm
macdon1
godspeed........
Posted by frosty zoom at 09/23/2008 @ 9:43pm