According to Forbes, a Treasury spokesperson said: "It's not based on
any particular data point. We just wanted to choose a really large
number."
Surf to:
http://www.cnn.com/video/#/video/politics/2008/09/29/
and choose the video on entitled "Beck: Bailout an 'ugly thing'
Another example of how the Bush Administration is driving the country
into the ground. It's just one crisis after another from 9/11 to
America losing its image in the world as the beacon of liberty and
justice to an economic crisis th e likes of which we've never seen
before (and I'm just naming the first three that come to mind -- what
a nightmare Bush has fostered on to this proud country. November 4th
cannot come too soon).
Running against Bush are ya? Well hell with statements like that he's
most certainly going to lose on election day yes?
You do know that he will remain in office until January of next year
don't ya?
Maybe not.
BTW, you don't have a clue as to economic crisis.
Apparently you're too young dumb and full of come to have actually
been around when this country really was in serious trouble.
But then what else is to be expected from a UCSB student.
Guess you're aceing your revisionist history course yes?
Or are you Becky playing around on Daddy Dave's PC?
Your post would be on par for a 16 or 17 year old.
'A government big enough to give you everything you want, is
big enough to take away everything you have.'
"You cannot enrich the poor by impoverishing the rich."
> Running against Bush are ya? Well hell with statements like that he's
> most certainly going to lose on election day yes?
> You do know that he will remain in office until January of next year
> don't ya?
Didn't you get the memo?
The Republican ticket is Bush/Palin.
We're waiting for you to enlighten us. Seems Secretary
Paulson...Bush...McCain...Obama....Pelosi don't have a damn clue. Do YOU?
> Or are you Becky playing around on Daddy Dave's PC?
> Your post would be on par for a 16 or 17 year old.
>
So. You want to take a crack at fixing this problem genius? Or does your
skill end at sliming others? We're waiting smartass. Oh...you've got
nothing. Imagine our surprise!
>
> 'A government big enough to give you everything you want, is
> big enough to take away everything you have.'
>
> "You cannot enrich the poor by impoverishing the rich."
Very clever. I know you aren't smart enough to make that stuff up...care to
attribute your quotes? Or are you a simple plagiarist?
I;ve lived through a hell of a lot worse economic situations in this
country dickless. Have you?
Were you around when we had a wage and price freeze ordered by the
government?
How about when we had double digit unemployment with no perceived end
in sight?
Or how about nationwide gasoline shortages with stations running out
by the droves and cars backed up over a mile at the pumps with gas?
Has the stock market fallen in double digit percentages this go
around?
How about a 22% drop in the Dow?
You idiots have been preaching doom and gloom and the US is coming to
an end for 8 years straight. This country has survived a lot worse
without the likes of you cheering it on?
>
>> Or are you Becky playing around on Daddy Dave's PC?
>> Your post would be on par for a 16 or 17 year old.
>>
>
>So. You want to take a crack at fixing this problem genius? Or does your
>skill end at sliming others? We're waiting smartass. Oh...you've got
>nothing. Imagine our surprise!
And your's and Pelosi's fix appears to be to blame the Republicans.
Imagine that.
>
>>
>> 'A government big enough to give you everything you want, is
>> big enough to take away everything you have.'
>>
>> "You cannot enrich the poor by impoverishing the rich."
>
>Very clever. I know you aren't smart enough to make that stuff up...care to
>attribute your quotes? Or are you a simple plagiarist?
>
Anyone with a half assed high school education knows who said what.
Stupid little comment on your part seeing as how that's been my
primary sig for around 9 months now.
Damn you're slow.
Now run along and find yourself some more DNC talking points to parrot
little boy.
"Many of you are well enough off that ... the tax cuts may have helped you," Sen. Clinton said.
"We're saying that for America to get back on track,
we're probably going to cut that short and not give it to you.
We're going to take things away from you on behalf of the common good."
What in the fuck is "disenfranchised minorities"?????
Diversity racketeers want their piece of bailout pie
By Michelle Malkin • September 27, 2008 12:16 AM
This is how we got into the subprime mess in the first
place: Pandering to minority grievance lobbies.
Here they come again, with the backing of race hustler Rep.
Maxine Waters:
WASHINGTON, Sept 26, 2008 /PRNewswire via COMTEX/ — Maria
Kong, President of the National Association of Real Estate
Brokers (NAREB) today urged Congressional leadership,
President Bush and Secretary of the Treasury Paulson, to act
fairly and responsibly to ensure that minority-owned real
estate, finance and legal professionals are included among
the firms tapped to manage the multi-billion dollar asset
portfolio the government plans to purchase from failing Wall
Street investment houses, and flailing financial institutions.
“Minority business participation in this $700 billion
bailout is as crucial to rebuilding our nation’s economy and
stemming further community destabilization as shoring up
Wall Street. We wholeheartedly support Congresswoman Maxine
Waters, Chairwoman, Subcommittee on Housing and Community
Opportunity and urge her colleagues, and the Administration
to heed her consideration in this matter. As compromises are
made to gain full support for the legislation’s passage,
there should be no compromise with regard to minority
participation in the plan’s implementation,” said Maria
Kong, President of NAREB, the nation’s oldest minority trade
association founded in 1947 to ensure equal housing for
African-Americans and other disenfranchised minorities.
Minority real estate and finance professionals are
imminently qualified and poised to be part of the economic
recovery. Urban and minority communities have been
devastated by the economic downturn. And as importantly,
minority professionals are part of these communities. As
Secretary Paulson and Congress extol that transparency is
key to the plan’s success and restoring public confidence in
the nation’s financial system, the transparency in
implementation must show that the expediency of the moment
does not negate the inclusion of America’s minority
professionals. Our businesses and our communities deserve
the same opportunity for an economic turn-about as Wall
Street does,” Ms. Kong concluded.
For more information on NAREB, visit: www.nareb.com.
SOURCE National Association of Real Estate Brokers
So. You have no answers. Noted. Don't feel too bad. Seems like you have
a lot of company.
> You idiots have been preaching doom and gloom and the US is coming to
> an end for 8 years straight. This country has survived a lot worse
> without the likes of you cheering it on?
>
> >
> >> Or are you Becky playing around on Daddy Dave's PC?
> >> Your post would be on par for a 16 or 17 year old.
> >>
> >
> >So. You want to take a crack at fixing this problem genius? Or does
your
> >skill end at sliming others? We're waiting smartass. Oh...you've got
> >nothing. Imagine our surprise!
>
> And your's and Pelosi's fix appears to be to blame the Republicans.
> Imagine that.
>
Nope. You got it backwards. Do you even read the paper? Watch the news?
Other than Fox?
Pelosi and a majority of the Democrats voted FOR the Presidents plan. The
same plan supported by BOTH presidential candidates. It was the Republicans
that voted against their own leader's (and potential leader's) plan. I'll
admit to being unsure if that was even the right thing to do. Judging by
the precipitous drop in the markets, I'm guessing most on Wall Street
didn't.
>
> >
> >>
> >> 'A government big enough to give you everything you want, is
> >> big enough to take away everything you have.'
> >>
> >> "You cannot enrich the poor by impoverishing the rich."
> >
> >Very clever. I know you aren't smart enough to make that stuff up...care
to
> >attribute your quotes? Or are you a simple plagiarist?
> >
> Anyone with a half assed high school education knows who said what.
> Stupid little comment on your part seeing as how that's been my
> primary sig for around 9 months now.
> Damn you're slow.
> Now run along and find yourself some more DNC talking points to parrot
> little boy.
>
Little boy. That's funny. Your internet goggles are fogged you moron.
<snip>
>> So. You want to take a crack at fixing this problem genius? Or does your
>> skill end at sliming others? We're waiting smartass. Oh...you've got
>> nothing. Imagine our surprise!
>
> And your's and Pelosi's fix appears to be to blame the Republicans.
> Imagine that.
To be fair, the Democrats voted 140-95 (60% in favour), while the
Republicans voted 65-133 (33% in favour).
The numbers would indicate that Republican support similar to Democrat
support would have let the bill pass.
<snip>
mario in victoria
--
you sound surprised
Interesting how all of you fools want to point the fingers at the
Republicans rather than question your own party members that
apparently turned on you. If all of the democrats had voted the same
the bill would have passed regardless.
It's also interesting that not one of you idiots care one bit that
your house leader took her little opportunity to point fingers and
rant to try and make her little political points and talk bullshit to
the exact people that she wants to vote her way. Her own arrogance
made her cock sure that the bill was gauranteed to pass so she wanted
to be the big shot. Trying to portray it as though the Republicans
had to vote her way out of some self perceived guilt when they are
every bit as culpable as, if not more than, the Republicans was a very
stupid, childish move. All because she wanted to appear as though she
wielded some kind of real power.
Get your own house in order before screaming blame hotshot.
Oh, I get it! it is the Democrats' fault for not voting unanimously to
overcome the negative Republican votes! Of course!
> It's also interesting that not one of you idiots care one bit that
> your house leader took her little opportunity to point fingers and
> rant to try and make her little political points and talk bullshit to
> the exact people that she wants to vote her way. Her own arrogance
> made her cock sure that the bill was gauranteed to pass so she wanted
> to be the big shot. Trying to portray it as though the Republicans
> had to vote her way out of some self perceived guilt when they are
> every bit as culpable as, if not more than, the Republicans was a very
> stupid, childish move.
As opposed to the sensible, mature move of voting against it because the
mean old Pelosi lady criticized them.
>All because she wanted to appear as though she
> wielded some kind of real power.
> Get your own house in order before screaming blame hotshot.
You are either painfully stupid, or so far up the Republicans' collective
ass the oxygen to your brain has been cut off.
"When fascism comes to America, it will be wrapped in the flag and carrying
a cross."
- Sinclair Lewis
<luxor...@gmail.com> wrote in message
news:a60f8ae2-e7bd-4345...@59g2000hsb.googlegroups.com...
Image isn't everything. This bailout has the potential to create a profit.
They aren't just buying bad debt, they are getting real property in return.
What they do with it is the question. If they hold onto the property long
enough they'll surely profit but they won't do that. They also have the
opportunity to turn a lot of it into federally owned housing which will save
on section 8 charges.
Don't be stupid -- only a complete lunatic would make comparisons
between those events of the 70s and early 80s and those of the last
three weeks. Since you apparently have no clue, the former events
carried none of the risk with which we are confronted today for the
simple reason that FDIC regulations existed then. Ever hear of a guy
named Reagan? -- he promoted deregulation. Try googling for Reagan
and deregulation -- you'll get at least 434,000 hits.
> You idiots have been preaching doom and gloom and the US is coming to
> an end for 8 years straight. This country has survived a lot worse
> without the likes of you cheering it on?
This is about the most stupid of your comments yet. We're all
cheering for the loss of our savings. Yeah, sure. Are you as stupid
as you really make out to be?
So, why DIDN'T the dems vote unanimously?
Sorry....we just can't follow Democratic Party's path of unconditional
support for the Bush Adminstrations policies.
Makes every bit as much sense as you fucks blam ing the Republicans
for something that your own goddamned party wouldn't carry.
>
>> It's also interesting that not one of you idiots care one bit that
>> your house leader took her little opportunity to point fingers and
>> rant to try and make her little political points and talk bullshit to
>> the exact people that she wants to vote her way. Her own arrogance
>> made her cock sure that the bill was gauranteed to pass so she wanted
>> to be the big shot. Trying to portray it as though the Republicans
>> had to vote her way out of some self perceived guilt when they are
>> every bit as culpable as, if not more than, the Republicans was a very
>> stupid, childish move.
>
>As opposed to the sensible, mature move of voting against it because the
>mean old Pelosi lady criticized them.
So what did she say to make the 95 democrats vote against it asshole?
Try all you want but the fact remains that the democrats split on the
issue and you fucking shills don;t have anyone to blame so you spin.
>
>>All because she wanted to appear as though she
>> wielded some kind of real power.
>> Get your own house in order before screaming blame hotshot.
>
>You are either painfully stupid, or so far up the Republicans' collective
>ass the oxygen to your brain has been cut off.
Your own party won't vote for it's own fucking bill and you want to
blame everyone else but them. Seems your're the partisan asshole
sparky. Grow a fucking brain and quit playing with things you know
absolutely nothing about like your PC.
They don't want to talk about those 95 representatives. They want to
talk about the Republicans because they can;t stomach the thought that
it was actually a bi partisan split. Stupid assed liberal asswipes
have to get all or nothing and will spin it accordingly.
Poblem is their spin makes them look like even bigger idiots.
Dano can only take intelligent argument for so long. . .
Keep pointing fingers. That's helpful.
>
> They don't want to talk about those 95 representatives. They want to
> talk about the Republicans because they can;t stomach the thought that
> it was actually a bi partisan split. Stupid assed liberal asswipes
> have to get all or nothing and will spin it accordingly.
> Poblem is their spin makes them look like even bigger idiots.
>
Worst. Congress. Ever.
They take a vacation during $4 gas prices (not the Repubs, of course,
they stayed at work).
Dimocrack strong arm tactics to get minorities mortgages leads to this
mess.
Per Reid: "nobody knows what to do" so they did nothing.
And people want one of these man-children in the WHITE HOUSE?!?
OMFG.
What PLANET am I on?!?
> I'm not stating whether the bail-out is necessary or not but it's
> interesting to hear how Paulson and Dubya came up with the $700
> Billion.
>
> According to Forbes, a Treasury spokesperson said: "It's not based on
> any particular data point. We just wanted to choose a really large
> number."
>
It is actually based on a real number. $700billion is roughly how deep the
Fed is leveraged right now. Total up the loans the Fed has made in the past
2 weeks and it comes to about $680b. There's your number for you.
--
Liberal Media? Thomas Muthee. 'Nuff said.
Dano and "intelligent" do not belong in the same sentence.
The idiot can't back up a damned thing he says.
Ever see the movie "Idiocracy"?