PDA

View Full Version : A Warning about the current Stock Market Rise



llotter
10-08-2009, 07:54 PM
An interesting comparison about the market rise of today and that in the early depression. Probably not safe to assume that things will continue to improve.

http://finance.yahoo.com/news/Allow-Me-to-Introduce-The-etfguide-3350250093.html?x=0

In terms of debt, both public and private, we are in much worse position now then back in the 30s.

Gayle in MD
10-09-2009, 01:41 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">An interesting comparison about the market rise of today and that in the early depression. Probably not safe to assume that things will continue to improve.

http://finance.yahoo.com/news/Allow-Me-to-Introduce-The-etfguide-3350250093.html?x=0

In terms of debt, both public and private, we are in much worse position now then back in the 30s. </div></div>

LOL, I'm sure, if the president can get this country straightened out, and we end up with another surplus, like Clinton left behind, you righties will then be jumping on here warning us all about the dangers of a surplus!

LMAO!

llotter
10-09-2009, 07:27 AM
While it would be true that a surplus would mean that The Evil One is over-taxing, I'm confident that he well ALWAYS spend more than the gov. collects because he knows how to used that money much better than the dummies that earned it. It is however, just wishful thinking that The Moron will be able to cure the sickness that Bush caused so a surplus is out of the question. (As you can see, I am conflicted between 'The Evil One' and 'The Moron' so I've just decided to mix it up a bit.)

Sev
10-09-2009, 08:21 AM
It is possible that I will win the lottery.

llotter
10-09-2009, 08:52 AM
Ya know, Sev, I have long advocated handing out lottery tickets instead of foodstamps or cash and that way everyone in the lower quintiles could move up among the rich. It would be like a perpetual motion machine that drives the economy and eventually no one would have to work at all.

I have submitted this brainstorm to many in congress, both liberal and conservative with no positive responses at all. I am beginning to think there is a giant conspiracy among the rich to keep the lower classes in their place to serve them drinks and clean their mansions. Life can be so depressing, especially without wolfdancer to entertain us.

pooltchr
10-09-2009, 08:54 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Sev</div><div class="ubbcode-body">It is possible that I will win the lottery. </div></div>

And the government will take half of it in taxes, 19% more to pay for your healthcare, and leave the rest to be divided between your state, county, and city property taxes. After that, they will put a new tax on juices and soft drinks, and then pass cap and trade and tax your electricity, gasoline, and everything else you buy.
If you're lucky, you might have enough left to get a cheeseburger...but they will probably have a "fat tax" on that too!

Steve

Gayle in MD
10-09-2009, 09:35 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">While it would be true that a surplus would mean that The Evil One is over-taxing, I'm confident that he well ALWAYS spend more than the gov. collects because he knows how to used that money much better than the dummies that earned it. It is however, just wishful thinking that The Moron will be able to cure the sickness that Bush caused so a surplus is out of the question. (As you can see, I am conflicted between 'The Evil One' and 'The Moron' so I've just decided to mix it up a bit.) </div></div>

I can see how repulsive your words are, and how out of touch with reality you must be to write the ugly things you write on here.

You might want to warn everybody that new unemployment claims dropped to the lowest level since January, and Retail sales are up, and Oh, NATO has agreed to leave 70,000 troops to help us in Afghanistan, oh and there's that threatening nobel Peace Prize the President won.

/forums/images/%%GRAEMLIN_URL%%/crazy.gif

Sev
10-09-2009, 09:43 AM
Well this is of course until they ban the cheeseburger for our own good.

Or put a 1000% tax on it.

llotter
10-09-2009, 05:19 PM
Do you remember that famous Lincoln quote about being able to fool some of the people all of the time and all of the people some of the time.......? Well, methinks you fall into that first category.

Gayle in MD
10-10-2009, 07:26 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">Do you remember that famous Lincoln quote about being able to fool some of the people all of the time and all of the people some of the time.......? Well, methinks you fall into that first category. </div></div>

<span style="color: #000066">No kidding. And I think you fall into the category of people that don't know very much about economics, you know the kind, the ones who think our government should have just stood down and let the banks collapse, and the credit market dry up, so they can yap about how conservitive they THINK they are. It doesn't take any stroke of brilliance to be decietful, BTW. No real accomplishment in achieving that. </span>

/forums/images/%%GRAEMLIN_URL%%/crazy.gif

http://www.washingtonpost.com/wp-dyn/content/article/2009/10/04/AR2009100401741.html

wolfdancer
10-10-2009, 08:53 PM
letting the banks fail, while the FDIC is basically broke, would have been a great idea.....could have hastened the onset of the NWO, the right is in favor of.
Here's Big Brother, himself, extolling it:
NWO (http://http://www.youtube.com/watch?v=7a9Syi12RJo)

Qtec
10-11-2009, 05:43 AM
Word is, the other major powers, Russia, China, and a bunch of ME oil producers are planning to phase out the $ as the curreency for oil.
At the moment, actually for the last 40 yrs, America prints $[ bits of paper] and exchanges them for goods, including oil. The USA has profited and the ROTW went along with it because the Dollar was a sure thing. It isn't any more.

Its just a fact that if costs continue to rise, HC will eventually, in the not too distant future, take up half the entire US budget. The Rep party does not seem too bothered.
Its a sad fact that the GOP would rather see Obama fail on HC reform[ and protect the interests of those who are responsible for the NEED for reform] than protect those Americans who need help in their darkest hour.

GOP is the GOD Party, right?

Q...Dems should bring Jesus into the equation and SHAME those who are working for special interests.

Gayle in MD
10-11-2009, 06:36 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wolfdancer</div><div class="ubbcode-body">letting the banks fail, while the FDIC is basically broke, would have been a great idea.....could have hastened the onset of the NWO, the right is in favor of.
Here's Big Brother, himself, extolling it:
NWO (http://http://www.youtube.com/watch?v=7a9Syi12RJo) </div></div>

The Intelligent people in this country know that Republicans are throwing all that Socialist Bs out there to distract everyone from the fact that it was their policies, and their failure to oversee these greedy corporate pigs, that nearly ruined us.

Bush consistantly put people in charge of agencies who had had former positions in the very kinds of businesses which our (EPA, for example)agencies are supposed to oversee and protect the public from ending up with all the poisons those corporations consistantly put into our environment.

What we end up with one set of corporations trashing the environment, making us ill, and two other sets, bilking us of promised health coverage, while stealing what we had invested for retirement, or a rainy day.

So many myths promoted by Republicans, lie aftrer lie, and their "Olympics" and "Nobel Peace Prize" rhetoric, the same as Hammas, al Qaeda, and Hezbollah. They want us to FAIL, at a time when our country is under numberous threats.

They are basically guity of everything they accuse the other party of, from paling around with domestic terrorists, to being on the same side as the foreign terrorists.

If the poison flowing into our water, food and air, "Drill baby Drill?" isn't domestic terrorism, what is? They make us ill, then make sure we can't get coverage, while they are stealing our savings, and then jump up to defend what they call "Free Market Enterprise"

How damn stupid can you be?

G.

pooltchr
10-11-2009, 07:44 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body"> actually for the last 40 yrs, America prints $[ bits of paper] and exchanges them for goods, including oil. The USA has profited and the ROTW went along with it because the Dollar was a sure thing. It isn't any more.

</div></div>

So if what you are saying is true, and I tend to think it is, that would mean that the out of control spending has been going on regardless of which party has controlled Washington.

Since 1960
Kennedy (D)
Johnson (D)
Nixon (R)
Ford (R) *
Carter (D)
Reagan (R)
Bush (R)
Clinton (D)
Bush (R)
Obana (D)

Now maybe it is just a coincidence, but it seems that 1960 was just about the time that our entire mentality about spending changed with the introduction of the consumer credit card. All of a sudden, we didn't have to wait while we saved for something. Buy now - pay later. I believe this way of thinking is probably the worst thing that ever happened to our country from an economic standpoint.

Steve

wolfdancer
10-11-2009, 07:56 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">I have submitted this brainstorm to many in congress, both liberal and conservative with no positive responses at all. </div></div>
Uh, I'm sure there's a real solid reason why they didn't reply, Mr upper quintile.....but rest assured you are now on someone's list.
Think....:
they are coming.... (http://www.youtube.com/watch?v=1WGmYhYblD0&feature=related)

wolfdancer
10-12-2009, 12:44 AM
amazing....one guy comes up with his own assumptions about future events, the second guy takes it as real, and adds even more of his "Facts" to it, and then the third guy come along and knocks the Dems for doing it. No wonder you all decry, bemoan the fact that the liberals are the ones teaching at the higher levels.....seems like the talent pool is a little light on your side of the aisle.
As for the market......
I am going to make a small fortune on CIT, down slightly from it's Jan 29, 2007 high of $60.47...now trading at $1.10
Either that, or American buggy whips....with the auto industry failing....horses will soon be back en vogue.

Sid_Vicious
10-12-2009, 07:16 AM
"If the poison flowing into our water, food and air, "Drill baby Drill?" isn't domestic terrorism, what is? They make us ill, then make sure we can't get coverage, while they are stealing our savings, and then jump up to defend what they call "Free Market Enterprise"

How damn stupid can you be?"

What a bunch of F'n idiots who don't understand all of what you said Gayle. And those who lay low and silent without comment, are just about as bad. This country is either Pu$$y-whipped, self serving, ignorant, greedy uncaring sobs, or all of the above. Did I mention ignorant?, well it deserves another mention anyway! sid

Sid_Vicious
10-12-2009, 07:30 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">Word is, the other major powers, Russia, China, and a bunch of ME oil producers are planning to phase out the $ as the curreency for oil.
At the moment, actually for the last 40 yrs, America prints $[ bits of paper] and exchanges them for goods, including oil. The USA has profited and the ROTW went along with it because the Dollar was a sure thing. It isn't any more.

Its just a fact that if costs continue to rise, HC will eventually, in the not too distant future, take up half the entire US budget. The Rep party does not seem too bothered.
Its a sad fact that the GOP would rather see Obama fail on HC reform[ and protect the interests of those who are responsible for the NEED for reform] than protect those Americans who need help in their darkest hour.

GOP is the GOD Party, right?

Q...Dems should bring Jesus into the equation and SHAME those who are working for special interests.
</div></div>

Jesus seems to be a pawn, seldom played for who He really is. Every so-called Christian on here should be ashamed at how religion has been twisted around politics. The anti Christ isn't a person, it is the ignorance and stupidity of what should be intelligent minded Americans. God isn't pleased, but that doesn't mean that it's not in His divine plan though. That's one big problem I have with the religious system...the ending is ugly. Divine means uncontrollable, so what's the sense in praying at all if it's all divinely set in stone anyway.

You are correct Q, the Dems should start using their Jesus card to simply embarrass these so-called Christians on the self righteous right. We have a really messed up country over here don't we?! sid

LWW
10-12-2009, 08:36 AM
Obama says all is well.

Gayle and wolfie accept it blindly.

Open minded educated people see it as snake oil for the feeble minded.

Nothing new here folks, move along.

http://www.thepeoplescube.com/images/Obama_Snake_Oil.jpg

LWW

llotter
10-12-2009, 09:01 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wolfdancer</div><div class="ubbcode-body">letting the banks fail, while the FDIC is basically broke, would have been a great idea.....could have hastened the onset of the NWO, the right is in favor of.
Here's Big Brother, himself, extolling it:
NWO (http://http://www.youtube.com/watch?v=7a9Syi12RJo) </div></div>

The problem of letting the banks fail can be overstated, especially as it relates to the financial status of FDIC. Companies often survive bankruptcy and those that don't probably shouldn't. Uncle Sam stands behind the FDIC (an agency that should have never been created) with the full faith and credit of the United States so if the assets don't cover the obligations. The bankruptcy path may be cheaper than the bailout path and it definitely would send a message that financial institutions need to keep their house in order.

Don't you think those big Wall Street mavens should be subject to the same rules as the rest of us?

llotter
10-12-2009, 09:07 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wolfdancer</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">I have submitted this brainstorm to many in congress, both liberal and conservative with no positive responses at all. </div></div>
Uh, I'm sure there's a real solid reason why they didn't reply, Mr upper quintile.....but rest assured you are now on someone's list.
Think....:
they are coming.... (http://www.youtube.com/watch?v=1WGmYhYblD0&feature=related) </div></div>

I totally forgot to mention the other big benefit of the lottery scheme and that is that, because government always grabs a preemptive chunk, taxes could be lowered substantially so even non-winners would feel the magical effects of a well funded public sector.

Gayle in MD
10-12-2009, 06:47 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wolfdancer</div><div class="ubbcode-body">letting the banks fail, while the FDIC is basically broke, would have been a great idea.....could have hastened the onset of the NWO, the right is in favor of.
Here's Big Brother, himself, extolling it:
NWO (http://http://www.youtube.com/watch?v=7a9Syi12RJo) </div></div>

The problem of letting the banks fail can be overstated, especially as it relates to the financial status of FDIC. Companies often survive bankruptcy and those that don't probably shouldn't. Uncle Sam stands behind the FDIC (an agency that should have never been created) with the full faith and credit of the United States so if the assets don't cover the obligations. The bankruptcy path may be cheaper than the bailout path and it definitely would send a message that financial institutions need to keep their house in order.

Don't you think those big Wall Street mavens should be subject to the same rules as the rest of us? </div></div>


Go read a book about the Great Depression. Turn off the radical right wing long eough to educate yourself about why government had to step in.

You'd be standing in a soup line right now, and you're too uneducated to know it.

pooltchr
10-12-2009, 06:48 PM
What's a break line?

Steve

Gayle in MD
10-12-2009, 06:55 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: pooltchr</div><div class="ubbcode-body">What's a break line?

Steve </div></div>



<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">I guess it must me the intellectual way of handling things.



Steve


</div></div>

wolfdancer
10-12-2009, 07:08 PM
We are bailing out these corporations for their own incompetance, but wasn't the failure of the banks a key factor in triggering the depression?

wolfdancer
10-13-2009, 03:02 AM
Gayle, this is your best idea ever !!!! No need to point out any thing in them....just reprint them!!! They read even "better" the second time around.....

Gayle in MD
10-13-2009, 06:03 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Sid_Vicious</div><div class="ubbcode-body">"If the poison flowing into our water, food and air, "Drill baby Drill?" isn't domestic terrorism, what is? They make us ill, then make sure we can't get coverage, while they are stealing our savings, and then jump up to defend what they call "Free Market Enterprise"

How damn stupid can you be?"

What a bunch of F'n idiots who don't understand all of what you said Gayle. And those who lay low and silent without comment, are just about as bad. This country is either Pu$$y-whipped, self serving, ignorant, greedy uncaring sobs, or all of the above. Did I mention ignorant?, well it deserves another mention anyway! sid </div></div>

One would think so, Martin, but the right is motivated by hatred for the poor, partly a result of their basic hatred and lack of empathy in general, but particularly for people of color, as was documented here after Katrina, and in the nasty response we saw to Q's post about his, and his girlfriend's illness, hence even the ill do not escape their wrath.

In their on-going efforts to protect the corrupt thieves in what is supposed to be capitalism, but isn't, they must remove any empathy for those who are being bilked by the corporate fascist pigs, and try to lay it all on the consumer.

When Wall Street and predatory lenders bilked all of us, had we just let the banks go bankrupt, and done nothing to prop up major sectors of our economy, such as our automobile indsutry, extended unemployment, kept teachers teaching with stimulus money, etc., we would have faced atleast a decade long depression, as was admitted by Bush and Paulson before they high tailed it out of town, away from their disaster.

Those who refuse to acknowledge that are surely uninformed on the Great Depression, which required the compassion of a Democratic to get this country up and going again, a Democratic who they like to bash, BTW.

Millions of jobs have been saved by the stimulus, and job loss numbers are declining, monthly, as retail sales show signs of recovery, and the housing market, also showing signs. The vast majority of Economists are saying that we are no longer in danger of Bush's Depression, and that the Recession is over, although jobs, as always will be the last segment of our economy to recover.

Our relations with foreign countries are far better than under Bush, people all over the world have expressed far greater approval of America under the leadership of our new president, and we are finally addressing unsustainable costs for ciomprehensive health care reform, blocked by Republicans for decades, which is bankrupting Americans left and right, and will continue to do so without a public option, to prevent another decade going forward, with health care costs more than doubling again, as they have doubled since 2001.

The gov. charts clearly show what happens to the middle class in this country, every time a Republican is in the White House and we started hemmoraging jobs under Reagan, and the Middle Class sliding, and continued to do so through every Republican Administration, as we suffered recessions, everytime, due to their cutting taxes and deepening recessions and losing jobs, before finnally raising taxes to recover.

We with "common sense" celebrated Clinton's administration, which achieved a surplus, which is completely denied by the right.

Both Reagan and Bush 1, had to raise taxes after their tax cuts, and this last idiot, Bushy, doubled up on the traditional Republican tax cut disasters, he simply refused to raise them, but continued to spend on his un-nesessary and poorly prosecuted war games, as his Republican blank check majority spent like there was no tomorrow, and his appointees failed to oversee the financial industry, all of them Republicans, and American job losses began to hemmorage just as they always do under Republican Administrations.

Hence, the threat of the Bush Depression, predicted to be the worst ever, and which called for government spending to divert all out disaster on a global level.

Now, one would think that anyone with any "Common sense" could understand why we had to do what we did, but instead, all we hear is whining and crying over the extraordinary actions our current President HAD to take, as a result of Republican policies and incompetence, which is being twisted by the right, just as they twist and deny everything, part of the reason why we got into the mess we're in.

Whatever happens, they have to put a bad light on it, even if it is the good news, they portray it as bad news, as they celebrate losses, aka, the Olympics, and bash the winning of the Nobel Peace Prize by our President, and the improvment we are seeing in the market, aka this stupid thread.

I think those of us from the left have enough "Common sense" to see through their antiamerican rhetoric. We have enough "Common sense" to pinpoint their all round ignorance and denial regarding how we got into the mess we're in. We have enough "Common sense" to have realistic expectations for getting out of it, and enough "Common sense" to understand the disaster Bush left, which Obama inherited, from their own illogical votes, and their own republican policies, and how long it will take President Obama to dig us out of Bush's Depression.

/forums/images/%%GRAEMLIN_URL%%/wink.gif

pooltchr
10-13-2009, 07:45 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wolfdancer</div><div class="ubbcode-body">Gayle, this is your best idea ever !!!! No need to point out any thing in them....just reprint them!!! They read even "better" the second time around.....
</div></div>

Absolutely correct. A very effective way of ducking the actual issues and trying to deflect.
Good boy! Now, sit for your biscuit!

Steve

Gayle in MD
10-13-2009, 10:35 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wolfdancer</div><div class="ubbcode-body">Gayle, this is your best idea ever !!!! No need to point out any thing in them....just reprint them!!! They read even "better" the second time around.....
</div></div>

Thanks, it's amazingly easy.

/forums/images/%%GRAEMLIN_URL%%/wink.gif /forums/images/%%GRAEMLIN_URL%%/laugh.gif

LWW
10-13-2009, 10:44 AM
That's all any of expect from parrots sweetheart.

Cracker?

http://www.cepolina.com/freephoto/f/other.food/cracker.snack.bread.jpg

LWW

wolfdancer
10-13-2009, 04:02 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">the other big benefit of the lottery scheme and that is that, because government always grabs a preemptive chunk, taxes could be lowered substantially so even non-winners would feel the magical effects of a well funded public sector. </div></div>


"They were talking about the Lottery. Winston looked back when he had gone thirty metres. They were still arguing, with vivid, passionate faces. The Lottery, with its weekly pay-out of enormous prizes, was the one public event to which the proles paid serious attention. It was probably that there were some millions of proles for whom the Lottery was the principal if not the only reason for remaining alive. It was their delight, their folly, their anodyne, their intellectual stimulant. Where the Lottery was concerned, even people who could barely read and write seemed capable of intricate calculations and staggering feats of memory. There was a whole tribe of men who made a living simply by selling systems, forecasts, and lucky amulets. Winston had nothing to do with the running of the Lottery, which was managed by the Ministry of Plenty, but he was aware (indeed everyone in the Party was aware) that the prizes were largely imaginary. Only small sums were actually paid out, the winners of the big prizes being non-existent persons. In the absence of any real inter-communication between one part of Oceania and another, this was not difficult to arrange."

Gayle in MD
10-13-2009, 11:07 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Larry in VA...James Kopp, A real Hero and martyr.
</div></div>

<span style="color: #000066">I don't think you are any expert on what constitutes evil.
G. </span>

llotter
10-14-2009, 03:35 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Larry in VA...James Kopp, A real Hero and martyr.
</div></div>

<span style="color: #000066">I don't think you are any expert on what constitutes evil.
G. </span> </div></div>

It's off the subject of the thread but you failed to respond to another post about whether you would approve of someone shooting Dr. Joseph Mengele for carrying out his legal activities? Frankly, I don't understand the difference!

Gayle in MD
10-14-2009, 09:51 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Larry in VA...James Kopp, A real Hero and martyr.
</div></div>

<span style="color: #000066">I don't think you are any expert on what constitutes evil.
G. </span> </div></div>

It's off the subject of the thread but you failed to respond to another post about whether you would approve of someone shooting Dr. Joseph Mengele for carrying out his legal activities? Frankly, I don't understand the difference! </div></div>


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> Larry in VA...James Kopp, A real Hero and martyr.
</div></div>


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">

It's off the subject of the thread but you failed to respond to another post about whether you would approve of someone shooting Dr. Joseph Mengele for carrying out his legal activities? Frankly, I don't understand the difference!
</div></div>



<span style='font-size: 14pt'> No, I wouldn't expect you to understand the difference.</span> /forums/images/%%GRAEMLIN_URL%%/crazy.gif

llotter
10-14-2009, 03:28 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Larry in VA...James Kopp, A real Hero and martyr.
</div></div>

<span style="color: #000066">I don't think you are any expert on what constitutes evil.
G. </span> </div></div>

It's off the subject of the thread but you failed to respond to another post about whether you would approve of someone shooting Dr. Joseph Mengele for carrying out his legal activities? Frankly, I don't understand the difference! </div></div>


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> Larry in VA...James Kopp, A real Hero and martyr.
</div></div>


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">

It's off the subject of the thread but you failed to respond to another post about whether you would approve of someone shooting Dr. Joseph Mengele for carrying out his legal activities? Frankly, I don't understand the difference!
</div></div>



<span style='font-size: 14pt'> No, I wouldn't expect you to understand the difference.</span> /forums/images/%%GRAEMLIN_URL%%/crazy.gif </div></div>

Why don't you just answer the question directly instead of always attacking? Would you approve of someone shooting Mengele or Hitler and shortening their tenure of evil doers or are you stuck on legalities?

LWW
10-14-2009, 05:01 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">Would you approve of someone shooting Mengele or Hitler and shortening their tenure of evil doers or are you stuck on legalities? </div></div>

Only if they were republicans is my guess.

Since they were both leftists ... I'm confident Gayle would adore them.

After all, dearest leader has patterned his economic plan after the Nazi economic model and she adores it and him.

LWW

llotter
10-14-2009, 05:41 PM
Do ya think we have concentration camps and gas chambers coming our way?

LWW
10-15-2009, 04:02 AM
Near term ... no.

The scary part about Obama however is his followers. There are already grumblings from the far left that he isn't moving left enough fast enough.

Historically people like that find their Lenin/Hitler/Mao/Pot/Castro to lead them.

What the fringe leftists can't wrap their hate filled heads around is that power granted to the state is granted in perpetuity.

LWW

Gayle in MD
10-16-2009, 12:11 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: wolfdancer</div><div class="ubbcode-body">letting the banks fail, while the FDIC is basically broke, would have been a great idea.....could have hastened the onset of the NWO, the right is in favor of.
Here's Big Brother, himself, extolling it:
NWO (http://http://www.youtube.com/watch?v=7a9Syi12RJo) </div></div>

They still don't have it straight what actually happened, after all this time...

Bachmann repeats Beck's lie and expands on it:

Bachmann: Well, it's stunning, Glenn. Just as you said, the Community Reinvestment Act is a creation of the federal government forcing private banks to make home mortgages to people who are very poor credit risks. No banks wants to do that. So the federal government in effect threatens banks and says, we're going to close down your interstate bank or we won't let you expand unless you make these bad loans to people or make loans that are unlikely to be repaid. Well, why would a bank want to do that?

Bachmann is outraged, outraged we tell you, that banks have been able to partner with ACORN in making loans to minority families (ACORN plays the role of guarantor, which actually means the loans aren't high-risk). But as Mary Kane at the Windy notes, the entire objection rests entirely on the grounds that ACORN is supposedly a proven evil and corrupt organization -- which has hardly, in fact, been proven. Unless by "evil" you mean "highly effective at getting minority voters to the polls." Which is clearly the case for Bachmann and the Turnip.

Moreover, the claim that the CRA caused the subprime meltdown is pure right-wing garbage.<span style='font-size: 14pt'> As FDIC chairman Sheila Bair explained:

Point of fact: Only about one-in-four higher-priced first mortgage loans were made by CRA-covered banks during the hey-day years of subprime mortgage lending (2004-2006). The rest were made by private independent mortgage companies and large bank affiliates not covered by CRA rules.

You've heard the line of attack: The government told banks they had to make loans to people who were bad credit risks, and who could not afford to repay, just to prove that they were making loans to low- and moderate-income people.

Let me ask you: where in the CRA does it say: make loans to people who can't afford to repay? No-where! And the fact is, the lending practices that are causing problems today were driven by a desire for market share and revenue growth ... pure and simple.

And as Aaron Pressman at BusinessWeek pointed out, the independent mortgage companies who were the chief offenders in the subprime meltdown were in fact never subject to the CRA.

University of Michigan law professor Michael Barr testified back in February before the House Committee on Financial Services that 50% of subprime loans were made by mortgage service companies not subject comprehensive federal supervision and another 30% were made by affiliates of banks or thrifts which are not subject to routine supervision or examinations.

Well, facts and reality have never made much of an impression on the Planet Wingnuttia domiciles of Bachmann and Beck. But isn't it funny how they focus so much energy on attacking programs that benefit minorities? Hmmmmmm.</span>

/forums/images/%%GRAEMLIN_URL%%/crazy.gif

LWW
10-16-2009, 12:40 PM
Peanut?

http://www.babble.com/CS/blogs/strollerderby/peanut.jpg

LWW

llotter
10-16-2009, 01:00 PM
Not only has the Jimmy's CRA been a significant problem but Fannie and Freddie have to be added to the perception that the federal government's imprimatur on virtually all mortgage underwriting. There is no doubt that Acorn, with full government approval, was used to aid perspective buyers into situations that were far beyond their means by pressuring banks to make these bad loans.