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  #21  
Old 10-30-2008, 12:57 PM
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Default Pack,...

I don't have any: "Squabbles" with anyone. I just detest liars & phonies.

You apparently believe everything Gimpy & like spout. I don't, and believe everything
Gimpy and/or DNC-Canned about as much as believe what Barack Hussein Obama II or Jr.
duplicitously states in public, which most always quite different than existing facts & realities.

"Believe whatever the hell (you) want to". Most people do, and why the smoothest &
slickest of fork-tongued politicians always fair so-damn-well (Bill Clinton previous good example).

I only believe truths & try never to be duped by any Political Bull by Constant Political BS'ers.
Nothing personal.

Still,..."Butt out" OF WHAT? It's not permissable adamently disagreeing with Gimpy, here?

Neil
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  #22  
Old 10-30-2008, 05:40 PM
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Default No Neil,

You can disagree with Gimpy all you want. It's your right and really, I don't care. Now, where do I say that I believe everything Gimpy posts? Don't think I ever said that. What I said here was basically show me your evidence. He posted some. I have my own life which I enjoy. Part of that life is not sitting at the computer all day trying to prove or disprove statements. I also said, someone put up stuff to prove me right. Scout posted an answer. I have never seen you post anything but opinion. That's fine but it isn't evidence. I read what people post and make my own decision....and if you think only Democrats lie....you've been asleep. Both parties lie...they're politicians....it's what they do. I posted awhile back who I'm voting for. Obviously....you missed it.

Pack
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  #23  
Old 10-30-2008, 06:48 PM
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Default Pack,...

Not so with that: "Never seen you post anything but opinion", even though nothing wrong
with that...and especially about the surreal & largely unbelievably absurd World of Politics.

Also post & rely on personal experiences, history & research of political phonies & pose lots
of important questions that need answering,...even though Mainstream Press/Media quite
Purposefully or Obama Protectively refuse asking such damning questions.

Doubt whatever I post opinion-wise or otherwise & need "Evidence" of Typical Democrat
Deceits? Well then, just check out the many Darrels Joy expose's about Dems':
"Second Coming", "Recapture The White House AT ANY COST to America" Democrats
and/or Barack Hussein Obama II or Jr., ACORN, Biden & Pelosi Crowd or Gang.

Apparently she's quite good at that paste-up bit, just like Gimpy. I am not.
Use computer more so as a multi-colored typewriter,...than anything else.
I basically use my own words and just quote others.

Neil
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  #24  
Old 10-30-2008, 07:41 PM
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Default Mah Deah Soutern Brother, J.E.B. Packo

Quote:
Originally Posted by Packo View Post
Neil.....Gimpy is my dear friend. We differ on things but can discuss them as gentlemen...SOUTHERN STYLE. If you gotta problem with that...I'd be glad to discuss it in person. Don't bring me into your squabbles with my friend. And, I'm one intelligent ol' Paratrooper. I'll believe what ever the hell I want to. Scout is also a dear friend but he doesn't bring me into his squabbles with Gimpy. Thanks and butt out. You can argue with him when ever you want.

Pack

That's just ONE of the reasons I luv ya Brother!


Pay no attention to the "caterwalling" you hear frum New Jersey. It's a LOST CAUSE. I gave up a long time ago. I just like ta phuck with'hm a little eva now an again.


But, back to the discussion at hand.


I think our mutual frand frum Texas needs A Brief History of Crisis and Crime.


During the1990s, a trend emerged in the mortgage industry. It was the rise of the subprime mortgage loan, a term we are all painfully familiar with right now. While subprime loans have been around for much longer, they became extremely popular during the aforementioned time frame. Popular in a bad way, mind you.


Most of these loans were adjustable rate mortgages with low "teaser" rates for the first few years, and then a ridiculously high interest rate later on at the "reset" point. But many of the big subprime lenders had a habit of downplaying the risks when dishing out record numbers of these loans to Americans.


For most of the late 90's and into 2000's, (while the Republicans held most control of Congress.....1994 thru 2006) many economists (liberals AND conservatives!) in this country warned that the out-of-control subprime market would lead to serious financial problems in the near future. Many of them even predicted a financial crisis would occur within the next decade or less. When you consider that their warnings began more than a decade ago, you can see that they were right on the money!


Later, sometime in 2004, we had additional warning bells. During the annual housing policy meeting, Edward Gramlich (a member of the Board of Governors of the Federal Reserve at that time) stated that: "the relatively high delinquency rates in the subprime market do raise issues ... For mortgage lenders the real challenge is to figure out how far to go. ... If lenders do make new loans, can conditions be designed to prevent new delinquencies and foreclosures?" He was basically ASKING for MORE REGULATION, in 2004......when George W. Bush was President AND had a MAJORITY REPUBLICAN CONGRESS.......What did they do???

Not ONE DAMN THING!



How far to go, indeed! Everyone knew that subprime lending had gotten out of control, and that it would fuel foreclosure rates like nothing we have ever experienced before. Red flags and warning signs were plentiful along the way. So why didn't somebody do something? Why did the federal government turn a blind eye for years, up until recently?


Ah, now we get to the heart of the matter. And this is why I warn you against voting republican on November 4th. Here's the big "secret" that many Americans don't seem to realize...


Make no mistake about it, folks, my friend James (exlrrp----thanks, James)was right on the money. George Bush is on the side of the lending industry and financial giants whose greed is a primary cause of our financial crisis. They helped him get elected, because they knew they would need an advocate to ward off regulation. That way, they could continue the very practices the economists (liberals AND conseravtives) were warning us about.


But it's hard to crack down on somebody who gave millions of dollars to your campaign. For example, during his 2004 presidential campaign, Bush received $7.8 million from Ameriquest (a giant of the subprime mortgage industry). They also helped pay for his inauguration.


Ameriquest's financial "love" didn't stop with the president. They contributed money and gifts to many legislators at the federal and state level. According to the Wall Street Journal, "[Governor] Arnold Schwarzenegger's campaigns received at least $1.4 million, along with stacks of tickets to a Rolling Stones concert that were used to lure big donors."

Due to the financial contributions outlined above (among many others), along with the old conservative "mantra" of the "Free Market will take care of itself " without any "regulation" from Guvment.........there was very little regulation AT ALL of the subprime industry during George Bush's fist and second terms.


And, what SuperSleuth from Texas FAILED to tell you was that the REPUBS had a chance to FIX THIS SHIT long before the "DEMS" took over the House and Senate......way back in 2005........All they had to do was "negotiate" some "protections" for consumers into the bill to get Democrats on board, but they WOULD NOT DO THIS.


He failed to tell you that Freddie Mac Paid $2M to Republican Consulting Firm (the DCI Group) to Kill Regulatory Legislation in 2005.......hmmmmmmmmmmmmmmm??? Wonder WHY?


Details of a secret campaign by Freddie Mac to defeat a bill that would have provided for more stringent regulatory standards and trimmed the size of their programs have been just been revealed. DCI targeted 17 Republican senators to defeat the bill.


The bill was sponsored by Republican Senator Chuck Hagel of Nebraska, and the Banking, Housing and Urban Affairs Committee sent Hagel's bill to the Senate, then dominated by Republicans, in July of 2005. Shortly afterward, Freddie Mac began its secret payments to DCI. From the AP article of October 19, 2008:
"DCI never filed lobbying reports with Congress about what it was doing because the firm was relying on a long-recognized gap in the disclosure law."


In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored by Sen. Chuck Hagel, R-Neb. DCI's chief executive is Doug Goodyear, whom John McCain's campaign later hired to manage the GOP convention in September. Nice guy, huh? Just asking.


Freddie Mac's payments to DCI began shortly after the Senate Banking, Housing and Urban Affairs Committee sent Hagel's bill to the then GOP-run Senate on July 28, 2005.


In the midst of DCI's yearlong effort, Hagel and 25 other Republican senators pleaded unsuccessfully with Senate Majority Leader Bill Frist, R-Tenn., to allow a vote.


Unknown to the senators, DCI was undermining support for the bill in a campaign targeting 17 Republican senators in 13 states, according to documents obtained by The Associated Press. The states and the senators targeted changed over time, but always stayed on the Republican side.


In the end, there was not enough Republican support for Hagel's bill to warrant bringing it up for a vote because Democrats also opposed it, but NOT because of the "regulatory" issues.......the Democrats wanted to add in "protections clauses" for home owners and consumers and did not have enough votes to get them in, and the votes of some would be needed for passage. The measure died at the end of the 109th Congress.


So then, he wants to put the "blame" onto the Dems when they were just wanting to get protection for taxpayers/consumers, while all along the REPUBLICANS hired by Freddie & Fannie were doing the dirty work to defeat the bill??


Some people , mostly republicans, will beat their fist on their chest and say, "Government should never regulate business. It's Un-American!"


To these people I say: Wake up and smell the reality all around you. This whole argument is equally simple-minded and dangerous. Let me ask you this. Why is it okay to regulate the actions of people (with laws), but not the actions of corporations? What's the difference?


In fact, I would argue that it's even more important to regulate financial entities that have the power to bankrupt millions of Americans and wreck the U.S. economy. If ever a set of rules was called for ... it's with Wall Street, the Banking and Mortage Indudstry.


And that brings us back to the present. In about a month, we will go to the polls and choose one of two men to be our next president.


On the one hand, John McCain is vehemently opposed to government regulation of big business. In other words, he wants to continue most of the policies that caused our current financial crisis. But then, why should McCain be concerned about the current crisis? It doesn't affect ultra-rich Americans like him. While millions of Americans are losing their homes, John McCain can't even remember how many houses he has for Gods sake! Talk about being out of touch with economic reality!


On the other hand you have Barack Obama, (and the Democrats) who are advocates of sensible regulation -- the kind of regulation that could have prevented the financial mess we are in now. Obama, who only recently paid off his student loans, is very much rooted in the reality of the current financial crisis in this country.


So the question is this:


Who do you think will be better equipped (and motivated) to get us out of this financial crisis? An ultra-rich de-regulator like McCain, whose staff is largely made up of lobbyists? Or Barack Obama?


Seems simple to me. But, then again.............I'm just an ole "citified" South Carolina/Jawga country boy..............what do I know? Evidently a LOT more than many folks frum New Jersey OR Texas!


Luv ya Bro,


Gimp
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"I ain't no fortunate son"--CCR


"We have shared the incommunicable experience of war..........We have felt - we still feel - the passion of life to its top.........In our youth our hearts were touched with fire"

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  #25  
Old 10-30-2008, 08:51 PM
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Default James

Quote:
Originally Posted by exlrrp View Post
The $700 BILLION dolllar bailout of the financial inidustry----ALLL on credit!!--is the greatest redistribution of wealth in modern history. The Bush administration, under Paulson, is taking $700 BILLION of taxpayers money and giving it to fatcat financiers and banks. Now THATS "redistribution of wealth!!" Its also socialism!
Paulson wanted it all with NO strings attached, with NO oversight at all, his first plan came in a three pages typewritten demanding full authority to spend $700 billion of taxpayers money as he saw fit with NO oversight or accountablity at all. Thats typical Bush administration.
It was the Democrats who DEMANDED that there be oversight, demanded thast there be help for forclosed families, to cap CEOs golden parachutes and that the Amerrican peoplel should get some kind of profits or ownership stakes from making these loans. Repuglicans fought these concepts!

Its easy to see who has the best intersts for the American people in mind!!

I couldn't have said it better myself...........Thanks!


Gimp
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"We have shared the incommunicable experience of war..........We have felt - we still feel - the passion of life to its top.........In our youth our hearts were touched with fire"

Oliver Wendell Holmes, Jr.
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  #26  
Old 10-31-2008, 03:37 AM
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just like said McCain/Obama both voted for this 700 billion I'm sorry it's 850 billion 150 in pork the way I see it poxs on both of their houses I've all ready voted absentee right or wrong I've did it. just hope this country can live with their choice.


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  #27  
Old 10-31-2008, 08:53 AM
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Default I hear ya

Razz!.....And thanks for "early" voting.

Gimp
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Gimpy

"MUD GRUNT/RIVERINE"


"I ain't no fortunate son"--CCR


"We have shared the incommunicable experience of war..........We have felt - we still feel - the passion of life to its top.........In our youth our hearts were touched with fire"

Oliver Wendell Holmes, Jr.
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  #28  
Old 10-31-2008, 02:03 PM
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Default You want MORE proof

Republicans are "out of touch with reality?

Just take a look at the following..........


And here is the REAL telling FACT of which political party is better for the economy..............Historical F-A-C-T-S can not be altered or DENIED.


From the LISCIO REPORT on the economy blog:


Presidential economics: Do parties matter?


With the presidential election just mere days from the release of this report, and the candidates apparently not waiting for the once-traditional Labor Day kickoff, this is a good time to look at the partisan patterns in some major economic and financial indicators. The differences are significant, and worth thinking about for anyone with dollars at stake after January 20, 2009.


Not to spoil the suspense too much, but here are the basic conclusions. Since Franklin Roosevelt’s third term (1941–44), Democrats have generally presided over faster growth and stronger stock markets than Republicans;


Here’s a closer look at some major indicators. In the graphs, the parties are color-coded by the traditional Republican red and Democratic blue. Individual terms are in a lighter shade, and the party average is the darker shade.


Technical note Unless otherwise noted, the figure shown is average annual growth rate for a president’s term, from the year, quarter, or month of inauguration to the quarter or month of the next inauguration. For two-term presidents, results are the averages of both terms.


Editors' note: Our intent here is to present the historical record to balance the tiresome, and generally incorrect, generalizations one hears at this point in the election cycle. We are not venturing into politics. Philippa's grandfather is Finley Peter Dunne, creator of the Chicago barkeep Mr. Dooley, and we'll refer anyone with a horse in the race who is unhappy with how specific graphs may look to him: "Politics ain't beanbag."


---End----

Now, just LOOK at the GRAPHS BELOW!


Gimp
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File Type: gif gdp.gif (19.8 KB, 4 views)
File Type: gif fiscalshift.gif (24.7 KB, 4 views)
File Type: gif employment.gif (21.9 KB, 4 views)
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Gimpy

"MUD GRUNT/RIVERINE"


"I ain't no fortunate son"--CCR


"We have shared the incommunicable experience of war..........We have felt - we still feel - the passion of life to its top.........In our youth our hearts were touched with fire"

Oliver Wendell Holmes, Jr.
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  #29  
Old 11-01-2008, 09:30 AM
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When it comes to "spreading the wealth," Obama's propagandists leave the McCain people in the dust. Will those "speakers of the big lie truth to power" who were so upset about the McCain campaign's spending $150,000 for Sarah Palin's clothes and such be shocked, shocked by today's revelation that "Obama spent nearly $700,000 for stage, lights in Berlin." And that's just one world capital.
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  #30  
Old 11-01-2008, 10:31 AM
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Default Mah Deah Joy

Drivel,,,,,,,,,,,,,pure unadulterated DRIVEL!


You want to REALLY see which "party" or partys' president is more successful in "economic policy" and "job creation"............just take a long hard look at the documented, verifiable PROOF in the "charts" in the post above yours.


The F-A-C-T-S cannot not will not be changed by you folks continued BS!


Gimp
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Gimpy

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"I ain't no fortunate son"--CCR


"We have shared the incommunicable experience of war..........We have felt - we still feel - the passion of life to its top.........In our youth our hearts were touched with fire"

Oliver Wendell Holmes, Jr.
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