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Sandbox – 7jun15

07 June 2015

[Whew! The 4jun15 sandbox got a bit rowdy. All good thoughts from there can be continued hereunder. gjr]

Posted in Comment Sandbox

218 responses to “Sandbox – 7jun15”

Paul Emery

08 June 2015

Sure Scott
Here’s one example of the “robbers”, the banksters. Lets start with this.
http://www.huffingtonpost.com/william-k-black/the-two-documents-everyon_b_169813.html

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Bill Tozer

08 June 2015

There are more excuses excusing bad behavior by the Enlightened Ones than a RX has Ritalin pills. Just like a bus, another excuse will be by shortly. Yet, excuses are not like anal cavities (which everyone has a least one), but in contrast, not everyone carries around excuses wherever they go.
There comes a time for the the intelligent ones in life at sundry and various ages when they realize there are no more victims, only volunteers.
You play real great music foot tapping barn burnin’ music Paul and are a great event organizer. Perhaps you should stick to what you do best. Also, maybe you could lower the concert prices at the door on those events you have control over. You would not want to be accused of taking food out on the mouths of children of poor parents, now would you? Better still, you could pay them handsomely to attend.
Imagine Seth and Alexis sneaking off on a weekend night spending the last two nickels they have to rub together to attend one of your promotions with all that K Street hype and targeted advertising. They leave the kids at home without proper supervision, in an unhealthy environment, and with no nurishment to satisfy the little adorable ones’ stomach growls.. It’s Scandalous that you don’t reach into your back pocket and pay them to attend. They need more money, Paul, and waving them in for free does not count. They want to be shown the green.

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fish

08 June 2015

Posted by: Paul Emery | 08 June 2015 at 11:30 AM
Paul at the height of the crisis the democrats, presumably the party of the “working man” and little people everywhere held the executive and legislative branches as well as the whip hand as whether or not to rein in the banking sector by letting banks fail or saving them through the granting of taxpayer largesse. Laws were on the books that would have allowed prosecution of the banks and their directors where evidence of fraud and malfeasance existed.
Why didn’t they pursue a single significant prosecution?

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Todd Juvinall

08 June 2015

Pail Emery, I have never been on unemployment insurance. You have though eh? Try harder. Now, answer my points about “income inequality” solutions you support. But you won’t, you are just a troll bloviator. No solutions from the left for anything but a lot of envy. I am personal;ly tired of the whining and complaining by people like you regarding money. If those poor would stop having so many out of wedlock kids, get a diploma from our free education system and get married, perhaps they would “succeed” what ever that means to a liberal like you.
My goodness, we already spend 12,000 bucks a year to educate the urchins and they still can’t get a diploma.

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George Rebane

08 June 2015

PaulE 1130am – this debate is proceeding as predicted (cf my 1030am), and you are promoting its progress in a most sophomoric manner since there will be nothing new introduced. From your citation the FBI contended that “nonprime lenders are overwhelmingly responsible for the (default) epidemic”. But then who were those nonprime lenders goaded by Congress to make loans to people who demonstrably could or would not service the loans? None other than the government’s own Fannie and Freddie.
These considerations are added to the fact that both Congress were then and government agencies are still run by overwhelmingly liberal managers hewing to the Democrat party line (make home ownership affordable to those who cannot afford it). Putting a Republican president into office and expecting him to also mind that level of detail with his temporary staff is not only unrealistic, but also a specious argument on its face. That is one of the prime reasons we are way beyond the tipping point of corralling Leviathan – the tens of thousands of progressive bureaucratic sinecures simply will not have it. As Koskinen and Lerner of the IRS have made it clear, ‘Fuck the people!’

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Walt

08 June 2015

If one is not “well off”, it’s their own fault. There is no conspiracy to keep someone from doing well. One achieves only when works to get there. yup, sometimes they fail.
But some people think it should be given to them. ( Uh,, NOT going to happen) Take from “Mr. Rich” and just hand it over. I say “F” U!
Sitting on the couch whining and smoking a bong will get you nowhere.
Those OWS idiots are funny. Piss and moan about the 1%, but isn’t that why they got collage degrees? To make the big bucks? Who’s fault was it to get degrees in things there are no real jobs for? ( yet they bitch)

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Bill Tozer

08 June 2015

Somewhere on a galaxy far, far away:
“I know, I know the answer!!!!” The young freshman gleefully exclaimed as he waved his hand high so the professor would notice the beaming proud student.
“And what is your answer?” the professor finally responded. Yes, it seemed like an eternity to the student, especially having to hold back such hot off the press delicious breaking news.
“We should tax the rich, raise the FICA tax limit on the rich, tax what they own in addition to taxing what they earn, make the, pay addition taxes to fund homeles shelters, create special taxes to..”
The good professor interrupted “And, who are the rich?”
“I know, I know the answer!!”, the student shot back almost jumping out of his chair. “The rich are those who make more than me!!”
“You mean like your parents and older siblings?”, the professor pressed.
“No, not like them” the freshman replied with his head down hiding a big lower lip.

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Scott Obermuller

08 June 2015

Hilarious, Paul. I can see why you really didn’t want to talk about your post. You come up with a jay walking type of crime. How about the guy at the top?
http://en.wikipedia.org/wiki/Franklin_Raines
The govt set in motion the whole home loan fraud business by telling banks to make more loans to folks who couldn’t afford them or face all kinds of govt wrath. It was the Dems that told the regulators to back off any investigations. The Dems openly protected F Raines and the other fraudsters, including the millions of citizens that colluded with the banks in perpetuating the frauds. Instead the govt called the perps victims and gave them money to bail them out.
I’m well aware of the fact there are ‘robbers’ and it’s usually the govt or govt abetted robbers. This is old news. If you want to start putting folks in jail for fraud, let’s start at the top and get to the root of the problem. The California govt is one big fraud. Illegal taxes, taxes on top of other taxes, illegal diversion of funds from dedicated acounts, bait and switch bond propositions and on and on. I can avoid private enterprise crooks, but I can’t avoid the crooked govt gun.
Now, who are the toilers? Please don’t tell me it’s the over weight idiots that have never worked a day in their life walking around with protest signs complaining that the govt hasn’t given them enough of my money.

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Paul Emery

08 June 2015

George
Scott wanted an example of “robbers” and I provided one, nothing more. George, a simple historical note is that the Repubs held both houses of Congress from 1994 to 2006 and the Presidency from 2000-2008, plenty of time for them to make their mark to prevent this from happening. Why in your opinion were they unable to do that?

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fish

08 June 2015

Posted by: Paul Emery | 08 June 2015 at 12:54 PM
If they were “robbers” why weren’t they prosecuted?

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Paul Emery

08 June 2015

Fish 11:59
I cannot agree with you more when you wrote
“Why didn’t they (Dems) pursue a single significant prosecution?” Do you think the Repubs would have had they been in control? Not one “bankster” has been indicted in this whole mess. Fines against banks? Sure, not amounting to much more than a parking ticket and besides they are tax deductible.

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fish

08 June 2015

Posted by: Paul Emery | 08 June 2015 at 01:00 PM
Your default position is that the Republicans, or “Pubbers” as you quaintly label them, are wholly owned by business interests. I’ll not dispute that point. As I said, the democrats as the “party of the people/little guy/downtrodden” had a window in which they could have corrected many of the problems in the banking sector. Why didn’t they?
You linked to the article by Bill Black. Back when he was involved with the S&L mess they sent people to prison, they forced businesses into receivership? Why wasn’t this done when “most progressive administration in history™” was in control of all the levers of power?
I was just curious as to why the “most progressive administration in history™” handled scofflaws and bad actors with such kid gloves? Guy who doesn’t want to bake a cake for a gay wedding receives the full brunt of government force…..Lloyd Blankfein and Jamie Dimon meet, dine and are warmly received by this the “most progressive administration in history™”?

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Walt

08 June 2015

Paul forgets that many banks didn’t want to take those loans. The “G” man said ” OH yes you are!
Banks didn’t want to take bailout money. Again they were forced to.
Funny.. paul trying to pin LIB failures on repubs.. That’s never going to fly here.

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Walt

08 June 2015

Fish.. LIB donors don’t go to jail. ( yup, that includes the bank boys)
Hell! look at the FED reserve. Just who is running that show? yup,, LIBS.

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Paul Emery

08 June 2015

Walt
Are you contending that the crash of 08 would not have happened had the Repubs been in control of
Congress?

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Paul Emery

08 June 2015

Fish writes “I was just curious as to why the “most progressive administration in history™” handled scofflaws and bad actors with such kid gloves? ”
Once again I agree with you. In your view would the Repubs handled it differently?

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Paul Emery

08 June 2015

Expanding on: “Your default position is that the Republicans, or “Pubbers” as you quaintly label them, are wholly owned by business interests.”
My “default” position is that both parties are wholly owned by business interests. Best example being Obama and the Republican mainstream marching together carrying the flag of the TPP. No differences there. Only the true conservatives and progressives stand in their way which is not enough to stop the parade.

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Ben Emery

08 June 2015

The financial sector owns the leadership of both the Democratic and Republican Party’s. That is why Hillary is the favorite of 2016 Presidential race. That is why Obama had the money to easily defeat both McCain and Romney. That is why under the Obama administration the banks have gotten more concentrated, more powerful, and a hell of a lot more wealthier.
Clinton and the Republican Party pushed through the deregulation of the financial sector and Bush and the Republican Party let the remaining regulations go unchecked for 8 years exacerbating the crisis to the heights it came to be. While opening up more and more loopholes for big business to stash their profits offshore without penalties.
These companies are as anti American as it gets are just a small taste of what a real Free Market would feel and look like.
http://www.sanders.senate.gov/top-10-corporate-tax-avoiders
“1. General Electric
From 2008 to 2013, while GE made over $33.9 billion in United States profits, it received a total tax refund of more than $2.9 billion from the Internal Revenue Service.
G.E.’s effective U.S. corporate income tax rate over this six year period was -9 percent.
In 2012, GE stashed $108 billion in offshore tax havens to avoid paying income taxes. If this practice were outlawed, GE would have paid $37.8 billion in federal income taxes that year.
During the financial crisis, the Federal Reserve provided GE with $16 billion in financial assistance, at a time when its CEO Jeffrey Immelt was a director of the New York Federal Reserve.
GE has been a leader in outsourcing decent paying jobs to China, Mexico and other low-wage countries.
Mr. Immelt has a retirement account at General Electric worth an estimated $59 million and made $19 million in total compensation last year.
He is a member of the Business Roundtable, a group that wants to raise the eligibility age for Medicare and Social Security to 70, cut Social Security and veterans’ benefits, increase taxes on working families, and cut corporate taxes even further……. “

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fish

08 June 2015

In your view would the Repubs handled it differently?
Don’t know….not a republican?

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Paul Emery

08 June 2015

Fish
You’re not a Democrat either but they fall under your harsh scrutiny. I’m wondering why not the Republicans?

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fish

08 June 2015

Posted by: Paul Emery | 08 June 2015 at 02:22 PM
Indeed…..you as a non-democrat can reliably be depended on to go after the republicans and I as a non-republican can be reliably depended on to go after the democrats.
A lovely example of the “balance of nature”.

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Gregory

08 June 2015

I know college graduates handed diplomas they can’t read. Well known institutions. But they were also handed translations from the Latin.
Without the Government Sponsored Entities Fannie and Freddie, there probably would have not been a crash in 2008. Without the push to make more loans to folks who would otherwise not have access to such large loans (because on the face of it, no one in their right mind would make the loan with their own money if they cared it got paid back), the crash would not have happened. While the GOP are no angels, they aren’t the devils who engineered Fannie, Freddie or subprime loans, those were all Democratic Party sacred cows with Fannie dating from the New Deal.

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Walt

08 June 2015

Paul.. Just who’s bright idea was it to loan people money just because they had a pulse?
Who was it that said “home ownership is a right.”?
You can lay the problem at the feet of Dodd/Frank.
You wanna play the Blame Bush game? He gave the LIBS everything they wanted. LIBS had both houses. Good GOD man. read some unrevised history for a change.
And why in Hell are we dragging this dead horse through the brush again?
There is better things still with meat on the bone. Like the sky high cost of health care thanks to “O” and Co. and it keeps going up. Not quite what was advertized.

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Paul Emery

08 June 2015

Walt
The “libs” had both houses only for the last two years of his run. He controlled it all for the first six. Are you saying bush had no responsibility for the crash?

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Walt

08 June 2015

How come you hold the LIBS blameless Paul? Dodd/ Frank Paul,,, Dodd/Frank.

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Paul Emery

08 June 2015

You must not read what I write Walt! I hold the Republicratic Party responsible. That’s the whole friggin mess we call government that we are inflicted with. You seem to be a genetic Republican like Todd that thinks if the Repub wing of the fat bird were in control everything would be hooray. How you as a so called Conservative can support those that will soon inflict the TPP upon us is beyond my comprehension.

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George Boardman

08 June 2015

There’s plenty of blame to go around here.
While Clinton started the ball rolling, the Republicans controlled both houses of Congress in the first six years of the reign of Bush II. So why didn’t they remove the punch bowl from the party? Because their Wall Street buddies were making too much money packaging toxic mortgages into financial instruments that could be sold to gullible and/or careless investors.
And it was Bush II who started the bailouts after the collapse of Lehman Brothers, a policy that continued after Obama took office. (I hate to break the news to those of you who opposed them, but the bailouts prevented a far worse debacle and actually made a profit for the taxpayers.)
Why didn’t Obama prosecute the worst actors? Certainly the CEOs of outfits like Countrywide Mortgage and Washington Mutual were candidates for long stretches in a federal prison. When you looks at the settlements, fines, penalties and legal fees JP Morgan Chase has paid over the last seven years, you can make the case it’s a criminal enterprise and that it’s CEO, Jamie Dimon, should be prosecuted under the RICO Act.
But as we all know, you can get away with just about anything if have enough money and the right connections.

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George Rebane

08 June 2015

The crash of 2008 was baked in by the beginning of the Bush2 administration when Congress led by Barney Frank et al demogauged the granting and guaranteeing mortgages for the poor, and fulfillment of the longstanding liberal flagship Community Reinvestment Act. Under this aegis Fannie, Freddie, and the FHA all became co-conspirators to abandon standard measures of prudent lending risk, and, with a nod and wink from liberals in Congress, transfer that risk to the taxpayer.
With such guarantees in place, banks were urged to fulfill the CRA and begin lending. Being good capitalists with such guarantees backing them up, they leaped in as the ‘government sponsored enterprises’ Freddie and Fannie gleefully bought up all the sub-prime mortgages they could handle. Then started the repackaging and resale of these mortgages in an environment in which no one knew the risk or value of anything, save that the GSEs would take care of any hiccups. The most plausible explanation of what happened (covered here before) can be revisited at
http://spectator.org/articles/42211/true-origins-financial-crisis
However, I don’t think people of the Left will deviate from their now well-worn ‘greedy banks’ narratives. With such a simple explanation, no one there wants to take a look at the complete sequence of events.
And to show what power Congress has over the federal bureaucracies, consider what a Republican Congress has demanded and received from the IRS (Tea Party scandal) and State (Benghazi scandal). The Leviathan is under different management and out of control – see Murray’s ‘By the People’.

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fish

08 June 2015

(I hate to break the news to those of you who opposed them, but the bailouts prevented a far worse debacle and actually made a profit for the taxpayers.)
Yes….by all means keep deluding yourself about how much better we all are because the financial system was saved by the government!
Jeez….somebody check Georges meds!

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fish

08 June 2015

In which both a reporter and presidential candidate demonstrate that they’re clueless about economics….

Describing a scene that took place during a short Q&A with reporters after his Saturday speech, the WSJ reported on what it considered the “unorthodox” style of Sanders as he engaged with the press corps in ways most candidates do not:
A Swedish reporter, Anne-Sofie Naslund, asked him a question, and Mr. Sanders—who has long praised the type of social democracy practiced in Scandinavian countries, turned the tables and began interviewing her.
He asked her what it cost for people to get health care in Sweden.
“Like nothing,” Ms. Naslund said.
And what does it cost to go to college? Mr. Sanders asked.
“Nothing,” she said.
Child care? “It’s almost free,” she said.
“That’s pretty good!” Mr. Sanders exclaimed.
Though well-known in New England, Sanders’ latest stop in the early-primary state signaled his campaigns desire to prove he can be competitive against Hillary Clinton, who retains a commanding lead in national polls. Towards the end of his remarks, a large cheer echoed through the hall when Sanders leaned in and said he had a secret to tell: “We are going to win New Hampshire.”

Yeah…..healthcare…child care….college……..all freeeeeeeeeeeeee!

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Walt

08 June 2015

Goes to show, in Paul’s eyes LIBS can do now wrong. ” Bush did it”. All by himself.
Gov. guaranteed loans to those, that any other time, lenders would give the bums rush too, and for good reason. “G” man: ” Ya,, we know plenty really don’t have the ability to pay it back,, but make the loan anyway. “WE”(the taxpayer) got you covered.”
Then the defaults came in by the train load.. Bank bailouts anyone? I guess that was the Repubs fault too. ” TOO BIG TO FAIL”.
How bout GM? Do tell Paul,, how bad did the taxpayers take it in the shorts? Not to mention private bond holders? Stock holders? “O” and Co. decided who got repaid. ( and mostly LIB friends) Our family got the shaft with NO recourse.( thousands in prefered stocks… GONE)
Only Obummer donors who had dealerships got to stay open. Funny how that worked.
The list of crony Obummer shenanigans is far to long to list.
All the way up to today. the unemployment number has been slow cooked professionally in the BBQ pit. Nice and tender. The American worker has been shitcanned and replaced by cheap illegal labor.(ooppsss “amnestied”) More people than ever on food satmps, and PLENTY not by choice.
More people than in the great depression are out of work. But UP is stated at 5.5.
I guess Bush is responsible for that too. Speaking of Bush,, seems the people want him back. Bush has a higher approval rating the “O”. ( published last week by CNN of all places)

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Paul Emery

08 June 2015

George
Are you saying that despite controlling Congress from 1994-2006 and the Presidency from 2000-2008 the Republicans were HELPLESS to do anything about the coming crisis?

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Walt

08 June 2015

It doesn’t matter Paul, You can play the “IF” game all you like. LIBS have systematically
trashed the U.S.
That’s LIBS have lost elections hand over fist. The people really HATE the “fundamental transformation of America”. Yup,, “O” sure kept THAT campaign promise.
If “O” likes it, it is bad for America.

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Bill Tozer

08 June 2015

OMG, gag me with a spoon. Here we go again, exactly as Dr. Rebane predicted. Somebody throw Paul a bone for Heaven’s sake. Day after day, month after month, year after year Paul is tortured, haunted, and lives in constant frustration because some of us will not come down on the Right as hard as we do on recent or current news (which being current usually means the current Administration and current events and current posts by Dr. Rebane).
Obama just did this or that. Paul’s reply always is Bush did it too. Public education doing down the tubes, income inequality growing wider, climate change, what have you and we all can count on Paul to pound his spoon and throw his food and dump his cereal all over the high chair until someone says “Yes, Paul, Bush did it too and the Republican legislatures have blood on their hands as well on every topic from the Whiskey Rebellion, to the Tea Pot Dome Scandal, to Monica’s DNA stained blue dress. In sum, we ignore history by not coming down on the Right and especially not coming down of President George W Bush on a daily basis.
Well, at least Paul is consistent, I must give him that. Must be rough living in constant frustration spinning that same broken record for eternity. Some might call that a living hell. His head is becoming a bad neighborhood.
Dr. Rebane, Mr. Boardman, somebody pleazzzzzzee toss Paul some red meat or pull out Granny’s old peacemaker and put that rabid dog out of its misery. It would be the merciful thing to do. May God have mercy on his tortured soul.

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George Rebane

08 June 2015

PaulE 439pm – Responding to you in light of Mr Tozer’s 539pm, it would be ingenuous to claim that had Bush2 and Congress suddenly focused preemptively on the housing market, then they could have done something to divert (‘stop’ is too strong a term) the fiscal train wreck. But any effort to do that would have generated howls of elitism from the Left accusing Republicans of denying the little guy an opportunity to live the American dream – you have to judge things by what was happening then, not in what you see in your rear view mirror now.
Most certainly any overt action to intervene in a booming market putting so many of the poor into positions to benefit from the real estate boom like the big guys would have launched a thousand law suits, and possibly street demonstrations. And finally, you have to acknowledge that Bush2 was also more than tinged by progressivism, he believed his own press clippings when reading in the paper of how he had pulled the country out of the Clinton recession (and global jihadism) when he walked into the Oval Office in 2001.
We had and still have the same thing going on with Obamacare, an easily presaged disaster for the nation that continues to get worse by the week no matter how much the Dems and lamestream keep saluting it, and Obama keeps up his unconstitutional re-legislation of the law as each new bombshell goes off. Question – why doesn’t Obama just allow the plug to be pulled on Obamacare and let the country find a workable solution to the nation’s healthcare problems as have been countlessly detailed over the last four years? Bet that question will be handled by the CCC (Collectivists’ Cricket Corps).

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Scott Obermuller

08 June 2015

from G Boardman – “There’s plenty of blame to go around here.”
Hey – that’s my line, word for word from several years ago. OK – still true.
Look – it was the govt that decided to push banks to make stupid loans. I think you’ll find that there were quite a bit more Dems than Rs to think that was a good idea. And when it became clear that things were getting out of hand, it was the Dems that said quite firmly that anyone trying to stop it was a racist. Raines was firmly in bed (financially, you dirty minded creeps) with quite a few Dems, including B Frank. The Dems protected Raines to the end and only Rs were trying to stop the mess.
Why didn’t Bush try to do something? Simple. Right from the top on down to the thousands of crooked home owners, at least 1/2 of the ones indicted would be black. Every network and all of the Dems would be screaming that Bush was destroying black home owners and was afraid of powerful black men. It would have been incessent. The drum beat would have been daily that Bush was trying to put all of black America in jail. Bush didn’t need that. He could never have won the issue. The Dems would have driven the issue to rioting and mayhem. The TV news would have had daily video of blacks being kicked out of their homes and some off to jail.
So, yes, I blame the govt. No bank said: “Hey, let’s make stupid loans”. That was the govts bright idea. Once it got going, there were plenty of ‘banks’ that were started up to do nothing more than than home loan fraud. And plenty of idiot and greedy folks to line up for their shot at the get rich quick schemes involved with interest-only balloon payment due in 2 or 3 years loans. I watched it unfold. I watched the interviews with greedy lawyers that had cashed out their retirements to buy crappy condos in Las Vegas because in 2 years they would sell for 50% more than whatever they paid for them that day. I watched interviews with folks that couldn’t read and had no idea what they were doing who had signed contracts to buy a home because “it was their last chance” to get a home. Anyone who signs a contract and doesn’t understand it sets themselves up for ruin. Plenty of blame, but it all started with the fed govt. It would never have happened if the govt had just stayed out of it.
And finally: “Clinton and the Republican Party pushed through the deregulation of the financial sector and Bush and the Republican Party let the remaining regulations go unchecked for 8 years exacerbating the crisis to the heights it came to be.”
The only problem is there was no ‘deregulation’ of the financial sector.
But like all big lies, the left just can’t let go and loves to repeat it endlessly. I’m not saying Ben is lying – he has repeated it so often he thinks it’s true. In fact, he admits there were ‘remaining’ regulations. If there are no regulations, how can any remain? So, there were no regulations except the ones mysteriously remained and then there was no enforcement of anything. Got that?

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Walt

08 June 2015

Ah yes.. The building boom. I was THERE!! ( literally) We couldn’t build house pads, roads and infrastructure fast enough. 12 hour days, six days a week. The houses were getting slapped together the minute the pad was level. Then came the prospective buyers, before the asphalt was put down. Many in cars crappyer than mine. That’s when I knew there was a problem. Just how can someone afford “that” house, yet drive an escapee from the wrecking yard? Back then us equipment operators didn’t have radios to listen to during the day.
(a safety hazard they say) I was ready to drop dead at the end of the day and didn’t pay that much attention. But I did hear the ads for those wild ass loans. Being the money watcher I am, I knew better than to get suckered into deferred payments and whatever
other money tricks they were playing.
Back to the questionable people looking at 300,000 dollar homes. I saw the writing on the
wall.. THIS will not end well. Save every penny possible and buy gold while it was cheap.
(about 275 bucks or so back then.)
Yup,, The shit hit the fan. It didn’t take a genius to see it coming.
But it did take a LIB to say,, ‘What just happened?”

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Walt

08 June 2015

As for Obummercare,,, this is where the Tea Party says,,, ” WE told you so…”

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Paul Emery

08 June 2015

So George you are saying that Bush didn’t have the leadership abilities to withstand the “howls” from the left to exercise his better judgement and at least warn the American people of what was to come. In 2006 President Bush named Goldman Sachs CEO Henry Paulson to be the Treasury Secretary, succeeding John Snow.He was a gem for sure. Goldman Sachs received 12.9 billion AIG money — where then-Treasury Secretary Paulson had previously worked as chief executive. Comeone George, this was under Bushes watch. You can’t make thos stuff up.
Robbers, theives crooks and none were ever brought to justice bu EITHER administration.
I am not a supporter of Obamacare so don’t look at me to defend it.

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Walt

08 June 2015

Damn Paul,, you think really highly of thy self. Your not the only LIB on these here pages.
Funny thing about the FED. “O” and Co. talk trash about Wall St. and banks, yet that the first place they go whoring for money at election time.
Yet you only harp on Bush. Bush can’t hold a candle to what “O” has done.

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Scott Obermuller

08 June 2015

Paul and the lefties consistantly ignore the fact that this was the govt sticking it’s nose into a place it shouldn’t have. We had a perfectly good system that asked for a sensible down to make sure you had skin in the game and loan requirements that mandated a good chance you could come up with the monthly payment and still keep your nose above water.
But. Not enough folks could afford a home to suit the govt. So. We lower the price… strike that. We just tell the banks to make stupid loans.
And ACORN made sure everyone with a pulse knew you could wander into a bank and demand a loan or you’d go to the local activist office and scream racism or whatever. I heard the ads. I saw the wind up. I saw the incredible prices and stupid pitches. I saw it coming and held my head. Are they nuts? Yep. They’re nuts, and now you’re paying for it.
Raines didn’t go to jail. He walked away with 10s of millions. He defrauded the American taxpayers. The left won’t speak his name. We had geniuses in govt such as Maxine Waters saying that home prices never go down. We had B Frank telling the Rs to lay off of Raines and yes, the lynching term was thrown out. And what about that fellow that used to be a gov of New Jersey? No one on the left even knows his name or what he did. Oh, yes. You don’t support the Dems or the Rs but strangely only R names are mentioned. Never any Dems. And the American public is never called to the carpet. Only Bush and a few folks from Wall Street are named by the left. There was no deregulation. There were stupid govt regulations. And then B Frank who helped bring about this disaster got to ‘fix’ it with more regulations. It’s putting the smaller banks out of business and helping the largest banks make money than ever.
Keep it up, nit wits. And the next time the big banks need money, the taxpayers will bail them out again.

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Walt

08 June 2015

No offence to our good Doc. ( got to get the disclaimer out early on this one.)
Seems some scientists need to take closer looks before jumping to conclusions.
I’ll just figure these are the same kind that believe in AGW .
Just because it looks like a bullet hole doesn’t make it so.
It seems it took some low tech cops to figure this one out.
http://www.hawaiinewsnow.com/story/29269829/hole-in-door-at-mauna-kea-telescope-not-from-bullet

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Paul Emery

08 June 2015

I guess you’re right Scott. Bush hires Paulson to be our financial chief (Treasure Secretary) then two years later bails out the company he worked for for 15 Billion of taxpayers money . Not a big deal. Thanks for assuring me.

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Gregory

08 June 2015

Boardman 3:45, Paul Emery multiple cites
Such superficial reasoning, you both should be ashamed of yourselves.
Here’s a handy chart showing the House and Senate majority party, their margin, and what party held the Presidency:
http://en.wikipedia.org/wiki/United_States_Congress#/media/File:Combined–Control_of_the_U.S._House_of_Representatives_-_Control_of_the_U.S._Senate.png
Gingrich did a bang up job over four years considering he had to get Clinton to sign any legislation and he barely had a majority but after Gingrich was hounded out of office, Hastert saw the handwriting on the wall. The new normal was the GOP would vote for Dem spending and vice versa, and Dem sacred cows included Fannie, Freddie and easy qualification for home loans by low income Democrats. The last Century was a story of domination by Democrats with the GOP not having 60% of the Senate since the early 1920’s.
In my entire lifetime, a GOP president has had a bare majority in the House and the Senate for only six years: two years under Eisenhower, and four years of Bush II (the last half of his first term and the first half of his second) but the 2008 crash had Pelosi & Reid in full control of the legislature for nearly two years before the collapse.
I am pained to have to stand up for the GOP here: I’ve never registered GOP and remain more of a Scoop Jackson, Daniel Patrick Moynihan and Clean Gene McCarthyite at my core. But Dems are so bloody adept at trying to bring the GOP in to take blame for Democratic garbage.

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Walt

08 June 2015

Save your breath Gregory, Paul only cares about what evils he thinks the Right has done. That’s all that matters.
His LIBS can do no wrong. Hay Paul. your working off Reagan’s own commandment. ( highjacked if it were) ” Thou shalt not speak ill of another LIB”. ( Reagan said Republican)

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Ben Emery

08 June 2015

To end this stupid debate, both parties are owned by the banks/ financial sector. The D’s got the nod because it was very obvious who was going to control the federal government and create the so called “reform” that was going to put the reins back on the backs. It didn’t happen. We do not have any form of democracy we have a corporatocracy or a form of oligarchy at this point. Not a bad return on investment $143 million and some change and the received back in return QE one, two, and three. In 2009 the banks in the US gave themselves a record $150 billion in bonuses.
http://ourfinancialsecurity.org/2009/12/wall-street-bonuses-could-fund-an-economic-recovery-for-millions-of-americans/
The Financial Sector topped contribution in 2008 with
Finance, Insurance & Real Estate
Total- $143,339,258
Democrats-$78,280,080
Republicans- $64,905,817
http://www.opensecrets.org/pres08/sectorall.php?cycle=2008

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Bill Tozer

08 June 2015

Ok, I will have mercy upon my fellow traveler who is a spiritual being having a human experience, the one and only Mr. Paul Emery. Paul, here is a clip to watch. Mr. Bill Moyers no less. Keep in mind this is only one angle of the diamond, but it is very informative. Also, if you can find Paulson’s own words on his insights, it is lile being a fly on the wall in the infamous smoked filled room of the inner circle, but I digress.
Too Big to Fail, a link I once posted, now has a sequel, Too Big To Fail and Getting Bigger., FYI
Think it says 1/2 hr, but it ain’t that long for sure. Maybe 19 minutes. Why has no one gone to jail, explained by the man who put 1,000 bankers of US bankers in jail. Peace.
http://billmoyers.com/episode/too-big-to-jail/

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Gregory

08 June 2015

Ben Emery, don’t you get ever get tired of repeating your discoveries that everyone else figured out decades ago? The golden rule has always been those with the gold make the rules.

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Bill Tozer

08 June 2015

Ben, pity we agree on so much and are unable to communicate that effectively. Now let me see if I understand both Emerys precisely.
A). The Republican suck because there the party of the rich overlords.
B). The Democratics continue the policies of the Republicans when they hold power and vise versa, leading us to the term…..
C). Republcrats. Both are bedfellows of big money donors and the whole shebang is corrupted beyond imagination.
D). Solution is 3rd Party.
Gee Wally, this is like playing Marco Polo. Am I getting hotter or colder? Marco.
First, Ben, it is not really a stupid argument of who farted first because facts are being presented. I like that. But, yes, a new socially conscience 3rd Party would make this whole enchilada seem like a stupid argument. We know assuredly that under this new people first party, these banking scandals and trickery will never happen.
I am all for a new party. A lot of posters here are. But, what you envision and what I daydream about concerning this new political party are miles apart. It’s not just about voting 3rd Party is send a stupid message. Nay, it is all about what kind of 3rd Party? Bull Moose, George Wallace, Raplh Nader, Ross Perot, Jesse Jackson, commie pinkos, greens, ???????? The Emery Party does have a nice ring to it.
Ladies and Gentlemen, I present the other half of The Dynamic Duo, Mr. Ben Emery.
https://m.youtube.com/watch?v=d3RlIjj8l-Q

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Ben Emery

08 June 2015

The answer isn’t a third party it is multiple parties being allowed into the system.
http://www.fairvote.org/reforms/instant-runoff-voting/what-is-rcv/
http://www.fairvote.org/research-and-analysis/blog/common-cause-and-league-of-women-voters-defend-irv-in-burlington/
I thought that is what you guys like, competition. We have two parties that have locked out any challengers and to think we are going to get some meaningful reform through either of the two parties is ridiculous.
Getting rid of the electoral college.
http://www.nationalpopularvote.com/
Publicly Financed Elections
Half in US Support Publicly Financed Elections
http://www.gallup.com/poll/163208/half-support-publicly-financed-federal-campaigns.aspx
I am a grassroots lobbyist(all passion no pay) for all of these causes. They all have tens of millions of Americans support and all we need is one big push to get control of our government possibly for the first time in US history.

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