^ Sure. Your response is a joke in itself.
^ Sure. Your response is a joke in itself.
^ Just checking. Best way to flush out a non-libbie.
The deal is things don't get done in the USA unless the media is on board to send the message nto people's homes. There were attempts to reign in Fanny Mae but the media was on the other side of the issue so nothing was done. Granted Bush could have called for air time to address the people directly.
^Whaaaaat?? The media doesn't (and hopefully never will) make policy. If the media is on the other side of any issue, it doesn't matter. Policy makers have an obligation to their parties and their constituents. I seriously doubt that Fanny Mae was doomed simply because the media was on the other side of the issue.
"Fuck off. And take your stupid cult with you."
-Scarlett Johansson to Tom Cruise
As the article I put up a link to in US domestic notes, Fannie and Freddie was encouraged and pressured to "get as many people into homes as possible." They were allowed to increase the amount of loans in the subprime market.
This started in the mid 90s, and continues up until now.
It makes you wonder. The people the run the country (politicians) and the people who run these large companies are just not bright people. They were and are myopic.
Stupidity, is part of the reason why this mess in going on.
^The group ACORN was pressuring banks and such for low income people for home loans they couldnt afford.
it seems some of our republican members and apologists have (conveniently) short memories.
well here's a quick refresher......google 'ownership society'.
and btw, the absurd deregulation policy that got us so deep into this mess was written and pushed through congress by sen phil gramm (R) of texas. oh, and by the way, up until about a month ago, he was mccain's chief economic advisor...until he got thrown under the bus for calling americans 'whiners'.
I watched her unnecessary rub the Republicans and GWB's nose in the shite ramblings. In doing this just prior to the vote she again demonstrated her usual lack of leadership and partisanship. Had she stuck to explaining why the bill was necessary rather than playing the blame game, the few additional votes needed to pass the bill would have been there.Originally Posted by Jet Gorgon
"Whenever you find yourself on the side of the majority, it is time to pause and reflect,"
^ Sadly true, Norts. Frank's after remarks didn't help.
^^Whistling Dixie. You forgetting the Fannie/Freddie issues and who supported them, ray.
awwwwww....did they get their feelings hurt? sniff, sniff.Originally Posted by Norton
jesus.
what a bunch of girls
i hope their constituents vote them out next month if they don't somehow manage to grow a pair between now and then.
^ Yep. Had to watch the news and see what the party spouted, huh, ray? Do you snivel like Barney?
IMO, Barney did all right as it relates to his speech on the bill.Originally Posted by Jet Gorgon
Perhaps, perhaps not. In any case, Pelosi's little partisan lecture was counter to her stated purpose of getting the bill passed in a nonpartisan forum. I have no time for members of either party who cannot put partisanship aside and get on with doing what is right for the country. For many reasons, I myself would have voted no on the bill but Nancy voted yes and stated it was a necessary step to prevent a national catasthophe. Her choice of words prior to the vote certainly didn't do much to help the yes side in preventing a "national catastrophe".Originally Posted by raycarey
^ I was referring to Frank's statement after the bill failed. Something like if their feelings were hurt by Pelosi's speech, he will be uncharacteristically nice to the folks who made the bill fail. Uh huh. And what about the folks on his own banking committee that voted against it? Beside that, I figured ALL of the Dems would back it, but no. The Dems retorted that they got the number of yahs they promised and the Reps did not cough up the number they promised.
Still, they have to come up with something. I think the market was just happy that the nays realised what a stupid bill it was and that it gives Paulson almost unfettered power. Big mistake.
Thank you . . .see, that's humour . . . and you fail again.Originally Posted by Jet Gorgon
Pelosi has the right to make comments regarding the issues, and if Bush and Co find that disturbing then perhaps they should have listened to public opinion more often . . . maybe on the Iraq issue.
Why would you expect Pelosi to be utterly neutral?
What a surprise... Fact check: Biden spins a helicopter tale.
Considering he has given over 100 interviews in the last few months . . . yea, not gaffe-proof . . . I 'd hate to count other's if they werea llowed to give interviews - not naming any names.
I still think Biden is not a bad choice . . . not the best, but certainly not the worst. . . .that title was taken shortly after he was announced.
Gosh, you just don't get it, do you? She's the house speaker. She's supposed to be rallying support from both sides to pass the bill, but NO, she just can't contain herself from attacking the other side (I would bet she was infuriated coz the Reps cut her pork projects; after all, the speech was not what her speechwriters scribbled previously). As usual, not a smart lady.
You are the one that doesn't get it, jet . . . and seemingly won't . ..
^ Can't see through the bamahaze, eh?
Given your own statements regarding the "libs" propensity for only being concerned with welfare recipients and the like at the expense of the business community (Wall Street), I'm not sure why you figured passing a GWB initiated bill which would bailout Wall Street would be unanimously supported by the "libs". On the other side of the isle, the Republicans failed to get even close to a majority of folks to vote yes on a GWB initiated bill which would benefit "business". The nay votes on both sides of the isle were driven by the overwhelming objection of their constituent's who believe the bill as initially proposed and then "modified" is fundamentally flawed and not needed. A conclusion I am in agreement with.Originally Posted by Jet Gorgon
^ He had to initiate something! Then look at all the pork projects added and the almost free rein given to Paulson. The Senate passed it today and the market dropped, unlike when it was opposed by the House and it rose. I do not consider the biz community to only encompass Wall Street. It's biz everywhere. People need credit to do business. Worry about the companies who employ people first. If they all fail, the gov is just bailing out people with no jobs or hope of jobs and it will never get its cash back.
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