Much more concise and easy to understand than anything I've seen or heard yet.
I've sent it on to friend and political opponent alike!
Thanks! :) |
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Maybe if the Republican Congress wouldn't have spent so much time and energy on trivial Clinton matters they might have had time to actually regulate instead of fighting for deregulation of Wall Street, Fanny, Freddie, and the financial markets.
Who has controlled Congress for 6 fo the last 8 years? Just couldn't muster the courage to fight those dirty obstructionist Dems.? Where was all of McCains experience and leadership then? Bad experience! Poor leadership! |
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Nobody's excusing the Republicans' unwillingness to fight, but the Dems did have enough of a minority to filibuster.
Obstructionism and lying under oath are not exactly trivial matters, especially in a sitting President. Would you say they were trivial if Clinton had an (R) after his name? |
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Don't forget Franklin Raines, Jim Johnson, Christopher Dodd, Barney Frank and all the other liberal Democrats who had their hands in the FM/FM cookie jar even as they were refusing any kind of reform/regulation over same. I haven't heard one of them volunteer to pay back what they stole, resign from their positions or even express any regret over how they screwed all of us.
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Bachmann is the poster girl for what's wrong with this country: Racist, bigoted, ugly, selfish. Words can't begin to describe what a horrible person Michele Bachmann is. |
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Thanks for posting this link, Michelle! You rock! We need more like you in Washington!
Monkeywrench, please explain what's racist, etc., about NOT loaning money to those without the means to repay. If YOU ran a business, would you loan money to people that could not pay you back? How long would your business last? |
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Now, Obama is against the rescue.
This gives him a chance to have it both ways.
A rescue that is a bailout to buy votes and vote against to show it did not give enough.
I'm listening to Biden. They use words to craft their messages from half-truths. The audience just yells with glee. This must have been how 1930 Germany was.
He just said these:
1. McCain said On Monday at 10am that the fundamentals are strong and at 11am the credit crunch is critical. Actually, we can have a credit freeze and have fundamentally good companies in other areas.
2. McCain voted 19 times against minimum wage. This is good. Wish we could isolate what this has done to teen employment and training and small business access to employement.
3. He said Obama last week said he announced on the radio that he wanted McCain to join with him in clamping down on regulations. Kind of after the barn door, Barrack.
We have some wonderful, good, solid conservatives, like yourself, Michelle. It appears we do not have enough of them.
Our principles can not be conveyed in a three word sentence or a 30 second sound bite.
And unfortunately when the high school drop out is as high as 50% and the college expression is only liberal, we may have to go down with them.
When we do, they will be saying Republicans why didn't you save us. |
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I hope you guys vote no to the Bailout.
Remember the depression is a natural event.
The FDR reaction to keep it from continuing by setting prices, subsidies, minimum wages is what prolonged it to ten years, while other countries only had it for a couple of years. These measures sound like what the dems are putting into this bill.
I know you are taking a while to make the decision. I hope it is because you want to vote no, not that you are looking for retiring house members to vote yes while your hand onto your principles.
It takes courage and I know you guys have it. |
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No one seams to get it. Get rid of the bad loans. Let the people refinance and have any fees or penalties waved. Let them start over. Every single one of us is getting killed because of this. If this can not be done. We are all screwed. Wake up people your home is your greatest asset, and it is going right down the drain along with any retirement package you may have. GOOD LUCK
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Another alternative is get a bunch of bulldozers and level all the forclosed houses. The banks can't affored them. The loans are not worth the paper they are written on.
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In the words of Jim Morrison "Live it up befor the whole sh*t house burns down. |
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Rep. Bachmann:
So you voted against the bailout. You've got spunk. I like spunk!
Is there some way my house can be redistricted into your district? |
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I see Michele has left the comment from Keith up on her last post--the one calling for Barney Frank to be "shot in sight" (sic). Maybe Michele's next post on her blog could be a primer on how to assassinate members of Congress, since she seems to have no problem with people calling for it on her blog. And after all, her campaign reports that it's doing gangbusters business at local gun shows in the district. Maybe Michele could recruit some assassins at the gun shows, some soldiers of fortune looking for freelance work. Why else would she allow a comment like that to remain on her own blog for days? |
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You go girl! A great day for the Republic. |
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'Saw you on C-Span this morning, keeping your head while all around you -- Nancy Pelosi and Barney Frank the first among equals -- were losing theirs. You were magnificent!
So much disinformation, so little time: http://sisu.typepad.com/sisu/2008/09/this-bill-does.html |
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All the government solutions in one form or another substitute government debt (safe) for risky debt. The $700 billion dollar purchase is the most transparent example. Somehow we have to believe that the collective is better at price discovery or bearing risk than market participants. This is a silly belief on its face. Indeed, the bailout plans only work if investors are convinced that they can ignore risk. The government imposing structures that allow investors to ignore risk should sound both familiar and threatening. I really don’t know how bad things could get, but I am pretty sure they will be worse if the government intervenes. The FDIC is on the hook for some nasty liabilities; that’s what should be focused on. I believe that they are capable, along with suspension of capital gains and dividend taxation, to structure deals to substantially reduce their liability. After all, the same capital that will buy the government bonds to rescue the bad assets is also out there to provide risk bearing services. |
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