The shit storm is coming kiddies

[Blown 472]

and all you ****ing bush nut swingers are to blame.

[donzi5150]

Just saw a report this morning about the current economic mess and I will try and quote the facts the best I can:
Pres. Bush warned congress to take action 17 times about oversight of the bank and mortgage companies starting back in 2001.
Sen. McCain took the lead on some oversight legislation and the Dem congress would not allow it to come to the floor for a vote which included Obama and Biden.
Sen. McCain warned congress starting in 2004 of the now financia metdown.
In an independant study by a promonent govt waste watch dog group, McCain had a 88% fiscal responsibility rating, one of the highest ratings in all of congress.......Obama the second lowest at 18% and his VP pick 0%.
But I know.....It's all Bush's fault......and McCain will be a third Bush term.....yes but with forceful in your face leadership to fight all this BS!

[thatguy]

Just saw a report this morning about the current economic mess and I will try and quote the facts the best I can:
Pres. Bush warned congress to take action 17 times about oversight of the bank and mortgage companies starting back in 2001.
Sen. McCain took the lead on some oversight legislation and the Dem congress would not allow it to come to the floor for a vote which included Obama and Biden.
Sen. McCain warned congress starting in 2004 of the now financia metdown.
In an independant study by a promonent govt waste watch dog group, McCain had a 88% physical responsibility rating, one of the highest ratings in all of congress.......Obama the second lowest at 18% and his VP pick 0%.
But I know.....It's all Bush's fault......and McCain will be a third Bush term.....yes but with forceful in your face leadership to fight all this BS!
Good luck getting even one Obama supporter to look at facts like that with out their blinders on.

[centerhill condor]

and all you ****ing bush nut swingers are to blame.
he's writing about yankee stadium...
CC

[donzi5150]

Here are the facts on Bush's call to the do nothing congress......
http://www.newsmax.com/kessler/gse_financial_timeline/2008/09/22/133234.html

[Blown 472]

Just saw a report this morning about the current economic mess and I will try and quote the facts the best I can:
Pres. Bush warned congress to take action 17 times about oversight of the bank and mortgage companies starting back in 2001.
Sen. McCain took the lead on some oversight legislation and the Dem congress would not allow it to come to the floor for a vote which included Obama and Biden.
Sen. McCain warned congress starting in 2004 of the now financia metdown.
In an independant study by a promonent govt waste watch dog group, McCain had a 88% physical responsibility rating, one of the highest ratings in all of congress.......Obama the second lowest at 18% and his VP pick 0%.
But I know.....It's all Bush's fault......and McCain will be a third Bush term.....yes but with forceful in your face leadership to fight all this BS!
And when did the dems take over congress?

[donzi5150]

And when did the dems take over congress?
And who is running that tried to change it before the dems took over and now?

[Blown 472]

And who is running that tried to change it before the dems took over and now?
So the repulican congress tried to change it and couldn't? why is that?

[donzi5150]

So the repulican congress tried to change it and couldn't? why is that?
Unfortunately too many of the Republicans fell into the trap of "PORK" that the Dem's where neck deep in and would not support overhall of the system. Not enough votes support...........Do you blame any of them.....until we the people speak up most are going to go with the flow......McCain asked for no earmarks, was not buddy buddy with the lobbyists and has a track record from day one trying to do what's right for the American people and Palin has done the same for her constituents.......

[centerhill condor]

it was 1999 and the Congress in its infinite wisdom did away with quite a bit of legislation dating to the early 30's that kept insurance companies from acting like banks and vice versa.
However, you may have noticed that there's alot of yelling about subprime this and subprime that...well there actually is a law that requires banks to loan money to people that they are reasonably certain will not repay.
Additionally, fannie, freddie were formed to make lower than market rate loans to people that have marginal payment records....with the implied guarantee of federal "bail out".
So, here we are. Now, what bothers me more than the preceding is that the guys that may actually have a plan to make good all this socialism are on bended knee before the very same legislators that started the pile of hot mess in the first place.
It really isn't the fault of both sides of the isle.
CC

[SeaSlut]

THEY GAVE YOUR MORTGAGE TO A LESS QUALIFIED MINORITY
by Ann Coulter
September 24, 2008
On MSNBC this week, Newsweek's Jonathan Alter tried to connect John McCain to the current financial disaster, saying: "If you remember the Keating Five scandal that (McCain) was a part of. ... He's really getting a free ride on the fact that he was in the middle of the last great financial scandal in our country."
McCain was "in the middle of" the Keating Five case in the sense that he was "exonerated." The lawyer for the Senate Ethics Committee wanted McCain removed from the investigation altogether, but, as The New York Times reported: "Sen. McCain was the only Republican embroiled in the affair, and Democrats on the panel would not release him."
So John McCain has been held hostage by both the Viet Cong and the Democrats.
Alter couldn't be expected to know that: As usual, he was lifting material directly from Kausfiles. What is unusual was that he was stealing a random thought sent in by Kausfiles' mother, who, the day before, had e-mailed: "It's time to bring up the Keating Five. Let McCain explain that scandal away."
The Senate Ethics Committee lawyer who investigated McCain already had explained that scandal away -- repeatedly. It was celebrated lawyer Robert Bennett, most famous for defending a certain horny hick president a few years ago.
In February this year, on Fox News' "Hannity and Colmes," Bennett said, for the eight billionth time:
"First, I should tell your listeners I'm a registered Democrat, so I'm not on (McCain's) side of a lot of issues. But I investigated John McCain for a year and a half, at least, when I was special counsel to the Senate Ethics Committee in the Keating Five. ... And if there is one thing I am absolutely confident of, it is John McCain is an honest man. I recommended to the Senate Ethics Committee that he be cut out of the case, that there was no evidence against him."
It's bad enough for Alter to be constantly ripping off Kausfiles. Now he's so devoid of his own ideas, he's ripping off the idle musings of Kausfiles' mother.
Even if McCain had been implicated in the Keating Five scandal -- and he wasn't -- that would still have absolutely nothing to do with the subprime mortgage crisis currently roiling the financial markets. This crisis was caused by political correctness being forced on the mortgage lending industry in the Clinton era.
Before the Democrats' affirmative action lending policies became an embarrassment, the Los Angeles Times reported that, starting in 1992, a majority-Democratic Congress "mandated that Fannie and Freddie increase their purchases of mortgages for low-income and medium-income borrowers. Operating under that requirement, Fannie Mae, in particular, has been aggressive and creative in stimulating minority gains."
Under Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton's secretary of Housing and Urban Development, Andrew Cuomo, investigated Fannie Mae for racial discrimination and proposed that 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low- to moderate-income borrowers by the year 2001.
Instead of looking at "outdated criteria," such as the mortgage applicant's credit history and ability to make a down payment, banks were encouraged to consider nontraditional measures of credit-worthiness, such as having a good jump shot or having a missing child named "Caylee."
Threatening lawsuits, Clinton's Federal Reserve demanded that banks treat welfare payments and unemployment benefits as valid income sources to qualify for a mortgage. That isn't a joke -- it's a fact.
When Democrats controlled both the executive and legislative branches, political correctness was given a veto over sound business practices.
In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times reporter Ron Brownstein hailed the Clinton administration's affirmative action lending policies as one of the "hidden success stories" of the Clinton administration, saying that "black and Latino homeownership has surged to the highest level ever recorded."
Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn't get out of their loans by selling their houses.
A decade later, the housing bubble burst and, as predicted, food-stamp-backed mortgages collapsed. Democrats set an affirmative action time-bomb and now it's gone off.
In Bush's first year in office, the White House chief economist, N. Gregory Mankiw, warned that the government's "implicit subsidy" of Fannie Mae and Freddie Mac, combined with loans to unqualified borrowers, was creating a huge risk for the entire financial system.
Rep. Barney Frank denounced Mankiw, saying he had no "concern about housing." How dare you oppose suicidal loans to people who can't repay them! The New York Times reported that Fannie Mae and Freddie Mac were "under heavy assault by the Republicans," but these entities still had "important political allies" in the Democrats.
Now, at a cost of hundreds of billions of dollars, middle-class taxpayers are going to be forced to bail out the Democrats' two most important constituent groups: rich Wall Street bankers and welfare recipients.
Political correctness had already ruined education, sports, science and entertainment. But it took a Democratic president with a Democratic congress for political correctness to wreck the financial industry.
COPYRIGHT 2008 ANN COULTER
DISTRIBUTED BY UNIVERSAL PRESS SYNDICATE
4520 Main Street, Kansas City, MO 64111

[SeaSlut]

Anyone stupid enough to sign up for an Adjustable Rate Mortgage deserves to lose their ass.

[centerhill condor]

this showed up "in box" today...some good posts here.
CC
Change ? But what kind ?
My Grandpa used to say you can lead a horse to water but you can't make em drink.
This has to make you think a little bit, if not then keep your blinders on!
George Bush has been in office for 7 1/2 years.
The first six the economy was fine.
A little over two years ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high--14,000 +
5) American's were buying new cars, taking cruises, vacations o'seas,
living
large!...
But American's wanted 'CHANGE'!
So, in 2006 they voted in a Democratic Congress & yep--we got 'CHANGE'
all right. The new congress froze the president, creating a lame duck and
here's what followed
In the PAST TWO YEARS:
1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5% (a 10% increase);
4) Americans have seen their home equity drop
by $12 TRILLION DOLLARS & prices still dropping;
5) 1% of American homes are in foreclosure.
6) as I write, THE DOW is probing another low
$2.5 TRILLION DOLLARS HAS EVAPORATED
FROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT
PORTFOLIOS!
YEP , IN 2006 AMERICA VOTED FOR CHANGE!...
AND WE SURE AS Hell GOT IT!!!....
NOW OBAMA, the DEMOCRAT'S CANDIDATE FOR PRESIDENT
AND THE POLLS SAY HE'S GONNA BE 'THE MAN'
CLAIMS HE'S GONNA REALLY GIVE US CHANGE!!....
JUST HOW MUCH MORE 'CHANGE' DO YA THINK YOU CAN
STAND???
Ladies & Gentlemen are you aware we have had only two democratic presidents since 1963. Jimmy Carter WOWWW
and William Jefferson Clinton.!!!!!!! I Rest My Case
Join the NObama Movement.......we don't need an Islam in our White House running

[Blown 472]

this showed up "in box" today...some good posts here.
CC
Change ? But what kind ?
My Grandpa used to say you can lead a horse to water but you can't make em drink.
This has to make you think a little bit, if not then keep your blinders on!
George Bush has been in office for 7 1/2 years.
The first six the economy was fine.
A little over two years ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high--14,000 +
5) American's were buying new cars, taking cruises, vacations o'seas,
living
large!...
But American's wanted 'CHANGE'!
So, in 2006 they voted in a Democratic Congress & yep--we got 'CHANGE'
all right. The new congress froze the president, creating a lame duck and
here's what followed
In the PAST TWO YEARS:
1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5% (a 10% increase);
4) Americans have seen their home equity drop
by $12 TRILLION DOLLARS & prices still dropping;
5) 1% of American homes are in foreclosure.
6) as I write, THE DOW is probing another low
$2.5 TRILLION DOLLARS HAS EVAPORATED
FROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT
PORTFOLIOS!
YEP , IN 2006 AMERICA VOTED FOR CHANGE!...
AND WE SURE AS Hell GOT IT!!!....
NOW OBAMA, the DEMOCRAT'S CANDIDATE FOR PRESIDENT
AND THE POLLS SAY HE'S GONNA BE 'THE MAN'
CLAIMS HE'S GONNA REALLY GIVE US CHANGE!!....
JUST HOW MUCH MORE 'CHANGE' DO YA THINK YOU CAN
STAND???
Ladies & Gentlemen are you aware we have had only two democratic presidents since 1963. Jimmy Carter WOWWW
and William Jefferson Clinton.!!!!!!! I Rest My Case
Join the NObama Movement.......we don't need an Islam in our White House running
Yup, the dems did it, when will you bushies wake the **** up?

['75 Miller]

Yup, the dems did it, when will you bushies wake the **** up?
I'll wake up when you quit sucking
Guess I'll be sleeping a little longer.

[centerhill condor]

I'll wake up when you quit sucking .
easy there big fella.
CC

[Blown 472]

I'll wake up when you quit sucking .
Guess I'll be sleeping a little longer.
Hey nut swinger, nice that you stalk me, stop pm'ing me about wanting to suck my .

['75 Miller]

easy there big fella.
CC
None of your biz CC.

['75 Miller]

Hey nut swinger, nice that you stalk me, stop pm'ing me about wanting to suck my .
You're so clever alkyfaggin.
So how's your ass healing? You know, everyone knows, don't be shy. If you didn't want your pleats stretched you shouldn't have let ultra pound your culo. And stuffing that beer bottle up there....jeez you fags sure are self destructive.

[Blown 472]

You're so clever alkyfaggin.
So how's your ass healing? You know, everyone knows, don't be shy. If you didn't want your pleats stretched you shouldn't have let ultra pound your culo. And stuffing that beer bottle up there....jeez you fags sure are self destructive.
Always with the gay stuff, why dont you just fess up to who and what you really are and embrace the fact you want a mans penis in your mouth.

[Blown 472]

this showed up "in box" today...some good posts here.
CC
Change ? But what kind ?
My Grandpa used to say you can lead a horse to water but you can't make em drink.
This has to make you think a little bit, if not then keep your blinders on!
George Bush has been in office for 7 1/2 years.
The first six the economy was fine.
A little over two years ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high--14,000 +
5) American's were buying new cars, taking cruises, vacations o'seas,
living
large!...
But American's wanted 'CHANGE'!
So, in 2006 they voted in a Democratic Congress & yep--we got 'CHANGE'
all right. The new congress froze the president, creating a lame duck and
here's what followed
In the PAST TWO YEARS:
1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5% (a 10% increase);
4) Americans have seen their home equity drop
by $12 TRILLION DOLLARS & prices still dropping;
5) 1% of American homes are in foreclosure.
6) as I write, THE DOW is probing another low
$2.5 TRILLION DOLLARS HAS EVAPORATED
FROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT
PORTFOLIOS!
YEP , IN 2006 AMERICA VOTED FOR CHANGE!...
AND WE SURE AS Hell GOT IT!!!....
NOW OBAMA, the DEMOCRAT'S CANDIDATE FOR PRESIDENT
AND THE POLLS SAY HE'S GONNA BE 'THE MAN'
CLAIMS HE'S GONNA REALLY GIVE US CHANGE!!....
JUST HOW MUCH MORE 'CHANGE' DO YA THINK YOU CAN
STAND???
Ladies & Gentlemen are you aware we have had only two democratic presidents since 1963. Jimmy Carter WOWWW
and William Jefferson Clinton.!!!!!!! I Rest My Case
Join the NObama Movement.......we don't need an Islam in our White House running
So if bush pushes this bailout thru like he is trying to and it doesn't work whos fault is it then?? the dems cuz they where holding a gun to his head off camera?

[Blown 472]

No Amnesty For Wall Street
“The only way to fix this economic mess that the international bankers have created is to return America to sound money principles, as prescribed in the U.S. Constitution.”
By Chuck Baldwin
At the time of this writing, the U.S. House and Senate are poised to pass a $700 billion bailout to Wall Street. At the behest of President George W. Bush, the U.S. taxpayers are going to be on the hook for what can only be referred to as the biggest fraud in U.S. history.
Virtually our entire financial system is based on an illusion. We spend more than we earn, we consume more than we produce, we borrow more than we save, and we cling to the fantasy that this can go on forever. The glue that holds this crumbling scheme together is a fiat currency known as the Federal Reserve Note, which was created out of thin air by an international banking cartel called the Federal Reserve.
According to Congressman Ron Paul, in the last three years, the Federal Reserve has created over $4 trillion in new money. The result of all this “money-out-of-thin-air” fraud is never-ending inflation. And the more prices rise, the more the dollar collapses. Folks, this is not sustainable.
Already, Bear Stearns was awarded a $29 billion bailout, followed quickly by the bailout of Freddie and Fannie that will cost the taxpayers up to $200 billion. Then the Fed announced the bailout of AIG to the tune of $85 billion. Mind you, AIG is an enormous global entity with assets totaling more than $1.1 trillion. Moreover, the Feds agreed to pump $180 billion into global money markets. And the Treasury Department promised $50 billion to insure the holdings of money market mutual funds for a year. Now, taxpayers are being asked to provide $700 billion to Wall Street. (I hope readers are aware that, not only will American banks be bailed out, but foreign banks will also be bailed out. Then again, at least half of the Federal Reserve is comprised of foreign banks, anyway.) In other words, the Federal Reserve is preparing to spend upwards of $1 trillion or more. Remember again, this is fiat money, meaning it is money printed out of thin air.
All of this began when the U.S. Congress abrogated its responsibility to maintain sound money principles on behalf of the American people (as required by the Constitution) and created the Federal Reserve. This took place in 1913. The President was Woodrow Wilson. (I strongly encourage readers to buy G. Edward Griffin’s book, The Creature from Jekyll Island.) Since then, the U.S. economy has suffered through one Great Depression and several recessions–all of which have been orchestrated by this international banking cartel. Now, we are facing total economic collapse.
But don’t worry: the international bankers will lose nothing–not even their bonuses. They will maintain their mansions, yachts, private jets, and Swiss bank accounts. No matter how bad it gets on Main Street, the banksters on Wall Street will still have the best of it–President Bush and the Congress will make sure of that. This is one thing Republicans and Democrats can agree on.
America’s founders were rightfully skeptical of granting too much power to bankers. Thomas Jefferson said, “If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”
Jefferson also believed that “banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
Daniel Webster warned, “Of all the contrivances for cheating the laboring classes of mankind, none has been more effectual than that which deludes them with paper money.”
Webster also said, “We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no, Sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors, and a ruined people.”
Our first and greatest President George Washington said, “Paper money has had the effect in your State [Rhode Island] that it ever will have, to ruin commerce–oppress the honest, and open the door to every species of fraud and injustice.”
If George W. Bush, John McCain, or Barack Obama had any honesty and integrity, they would approach the current banking malady in much the same way that President Andrew Jackson did. In discussing the Bank Renewal bill with a delegation of bankers in 1832, Jackson said, “Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out.”
What President Andrew Jackson said to the bankers in 1832 is exactly what an American President should say to these criminal international bankers today. But what George Bush, John McCain, and Barack Obama want to do is provide amnesty for the international bankers, just as they want to provide amnesty for illegal aliens. I say, No amnesty for Wall Street, and no amnesty for illegal aliens, either. Instead of sending these banksters on extended vacations to the Bahamas with millions of taxpayer dollars in their pockets, we should be sending them straight to jail!
The only way to fix this economic mess that the international bankers have created is to return America to sound money principles, as prescribed in the U.S. Constitution. This means dismantling the Federal Reserve and the Internal Revenue Service, overturning the 16th Amendment and the personal income tax, and returning the American monetary system to hard assets: gold and silver. Anything short of this will only delay and worsen the inevitable collapse that has already begun.

[centerhill condor]

best post Blown has made in a looooonnnnng time.
CC

[Blown 472]

Ad you thought Al-Qauida were the enemy?
Not half as dangerous to you as Wall Street bankers and their Zionist think tank colleagues. Keep bombarding your Congressmen and Representatives..Flush out the fiscal traitors, strip them of assets (which is what they want to do to us) and send them to Gitmo in orange overalls for some watersports. Its either that or lingering hardship and financial death for yourselves and your families. You owe these people nothing, they owe you. Use your vote wisely in November, and if they have backed this plan, off with their heads...

[SeaSlut]

http://2.bp.blogspot.com/_IoyNpfVQtKQ/SN2jhq-Yx7I/AAAAAAAAAD0/0_LozlBwgeM/s200/acorn.jpg
Earlier today, when House Republican leadership framed its opposition to the bailout bill as it currently stands, a principal objection focused on the group ACORN, which the e-mail alert called "the scandal-tarnished 'community organizing group'" -- with scare quotes in the original.
They're referring to the Association of Community Organizations for Reform Now, a group generally allied with Democrats and derided by the GOP as corrupt, inefficient and a front-group for Democratic efforts on the ground.
In issuing the statement, House leaders are reflecting -- and also feeding -- a reaction to the provision that has exploded in the last day or more. Our colleague Ben Smith says he's gotten more than a dozen anti-ACORN e-mails in just the last few hours. The viral uprising is both organic and institutionally driven. Prominent bloggers have fed the flames and so has the Wall Street Journal editorial page; several of the e-mails sent to Smith reference a House leadership alert on the "ACORN Slush Fund" and others refer to the Journal opinion. On Thursday night, Sen. Lindsey Graham (R-S.C.) told The Crypt that his friend Sen. John McCain (R-Ariz.) opposes the provision.
"The draft bill includes a left-wing giveaway that would force taxpayers to bankroll a slush fund for a discredited ally of the Democratic Party," reads one leadership alert. "At issue is ACORN, an organization fraught with controversy for, among other scandals, its fraudulent voter registration activities on behalf of Democratic candidates. Rather than returning any profits made in the long-term from the economic rescue package, Democrats want to first reward their radical allies at ACORN for their (often illegal) help in getting Democrats elected to office."
In the end, how much of the bailout's potential profits are earmarked for ACORN? "None. Absolutely none. All funds would go to state and local governments," said Steven Adamske, spokesman for Rep. Barney Frank (D-Mass.), the chairman of the Financial Services Committee and a lead negotiator.
The opposition has grown so intense that critics refer to the measure in arcane legislative lingo. Erick Erickson titled a Friday morning blog post at RedState: "Section 105(d) of the Bailout Must Go."
Here's the relevant language:
TRANSFER OF A PERCENTAGE OF PROFITS.
DEPOSITS. Not less than 20 percent of any profit realized on the sale of each troubled asset purchased under this Act shall be deposited as provided in paragraph (2).
USE OF DEPOSITS. Of the amount referred to in paragraph (1) 65 percent shall be deposited into the Housing Trust Fund established under section 1338 of the Federal Housing Enterprises Regulatory Reform Act of 1992 (12 U.S.C. 4568); and 35 percent shall be deposited into the Capital Magnet Fund established under section 1339 of that Act (12 U.S.C. 4569).
REMAINDER DEPOSITED IN THE TREASURY. All amounts remaining after payments under paragraph (1) shall be paid into the General Fund of the Treasury for reduction of the public debt.
And here's Frank's one-page summary of the Affordable Housing Trust Fund and to find the relevant bill go here and search for H.R. 2895.
State and local governments can then dole out the funds and could send money to ACORN if they so choose and if the organization's efforts meet the standards set out in the law. For their stand against the provision, Adamske tweaked House Republicans, who have long called for more state control of federal funds.
"Are they worried that the Governor of Alaska and the Mayor of Wasilla will give money to Acorn?" he asked.
Regardless, House Republicans are saying that unless the possibility of ACORN seeing any money from this bailout is eliminated, there's no deal. "Doling out favors to ACORN and other liberal special interest groups are a non-starter for House Republicans," said Behner spokesman Kevin Smith. "If Rep. Frank wants to keep ACORN in the bill he can secure the necessary Democratic votes for passage because he'll need every one of them."

[SeaSlut]

All we are doing is sending good money after bad.
We need to let them fail, have the FBI investigate for fraud and embezzlement. Prosecute to the full extent of the law and sieze assets.
The small banks will buy the property for a bargain then sell it cheap and everybody wins. Just sell it off.

[centerhill condor]

it is 1 trillion dollars. 700B plus frammie @ 200B plus the bear sterns, etc...
and I continue to hear how great this is for the tax payers having an investment in wall street....dude, only the truly crazy borrow money to invest in the market...they call it "leverage" and it has broken several banks, investment and otherwise...
I'll buy into the market after these "margin calls" start gettin' mailed.
CC

[SeaSlut]

If it is such a good deal, why doesn't someone else buy it?

[ULTRA26 # 1]

it is 1 trillion dollars. 700B plus frammie @ 200B plus the bear sterns, etc...
and I continue to hear how great this is for the tax payers having an investment in wall street....dude, only the truly crazy borrow money to invest in the market...they call it "leverage" and it has broken several banks, investment and otherwise...
I'll buy into the market after these "margin calls" start gettin' mailed.
CC
CC, I completely agree.
BTW, how have you been?

[centerhill condor]

doin' okay. glad to see you in pr. are you still smoke free? hope so.
CC

[ULTRA26 # 1]

doin' okay. glad to see you in pr. are you still smoke free? hope so.
CC
14 months and going strong. I'm confident that I will never smoke again.
Thanks :)

[Blown 472]

All we are doing is sending good money after bad.
We need to let them fail, have the FBI investigate for fraud and embezzlement. Prosecute to the full extent of the law and sieze assets.
The small banks will buy the property for a bargain then sell it cheap and everybody wins. Just sell it off.
Damn straight.

[Blown 472]

The October Surprise, anyone?!
Congress is still being held hostage.
Wall Street is still demanding the bailout.
The November election may very well be cancelled.
Bush may impose martial law/dictatorship.
Social Unrest? Mass arrests?
So ends the Republic on an authoritarian basis.
The light has gone out!!!

[centerhill condor]

The October Surprise, anyone?!
Congress is still being held hostage.
Wall Street is still demanding the bailout.
The November election may very well be cancelled.
Bush may impose martial law/dictatorship.
Social Unrest? Mass arrests?
So ends the Republic on an authoritarian basis.
The light has gone out!!!
dogs and cats living together...
Blown ain't gonna like this, but the Congress is taking a couple days off for the Jewish new year!
CC

[Blown 472]

dogs and cats living together...
Blown ain't gonna like this, but the Congress is taking a couple days off for the Jewish new year!
CC
As they should to honor their masters.

[Blown 472]

So now that bush has ram rodded this ****ing bail out thru, when the country goes to shit will you bush nut swingers fess up and be men and admit you were wrong or will you still find some bullshit "liberal" excuse?
http://news.bbc.co.uk/2/hi/americas/7651823.stm

[thatguy]

14 months and going strong. I'm confident that I will never smoke again.
Thanks :)
That reminds me, what 'bama's plan on tobacco tax's?
Is he planning on raping them as businesses, like oil companies?
Or is he planning on kicking up farm subsidies for them?
I ask because that will determine if ANYONE can continue smoking!:eek:

[centerhill condor]

Is he planning on raping them as businesses, like oil companies?
Or is he planning on kicking up farm subsidies for them?
both
CC

[thatguy]

both
CC
Dammit.

[SeaSlut]

http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related

[centerhill condor]

very disturbing video. It is not as as if we weren't warned regarding the potential...but much like the Titanic we're sunk.
CC

[Chip Lacy Racing Engines]

Anyone stupid enough to sign up for an Adjustable Rate Mortgage deserves to lose their ass.
There you have it.
I like all these polititians claiming they warned about this.
How come they didn't do their job and pass legislation to stop this?

[SeaSlut]

Don't take my word for it.
http://www.snopes.com/politics/business/easescredit.asp

[Chip Lacy Racing Engines]

Tuesday several large companies & Dow components will release their financial reports.
I think the Govt will release employment figures too.
The Fed will lower the interest rate and that will de-value the US dollar furthur.
It's becoming obvious Obama will take the White House and it'll be like when Castro took over Cuba.
Everyone with money ran.
The market will be jumpy & nervous.
Anything could happen.
Gonna be a wild week on Wall Street unless they've already priced this in last week.
We shall see.

[thogan2]

http://www.youtube.com/watch?v=1RZVw3no2A4

[Blown 472]

http://www.youtube.com/watch?v=1RZVw3no2A4
So, the blacks are to blame?

[Chip Lacy Racing Engines]

The number $70 Trillion in unsecured losses is now the buzz word in the financials.
That's Trillion dollars.
We are all fux'd.

[Blown 472]

The number $70 Trillion in unsecured losses is now the buzz word in the financials.
That's Trillion dollars.
We are all fux'd.
OH come on, what is worst that could happen?

[Chip Lacy Racing Engines]

Some reliable talk now Wells Fargo is $80 billion in bad paper on their books.
Dunno how accurate that is, but it's coming through the same channels all the other true-yet-bad news came through.
GE delayed their financial report until late Friday -That is a sure sign of an approaching shitstorm.
Here it comes. This is just the start. We gotta long ways to go.
Read that "we" because in the end, "we" will all eat this shit from a dirty spoon.
Hopefully the Federal fraud charges are filed after Bush leaves office so he doesn't pull a Clinton and pardon his pals.
Indias economy will be next, the Euro banks are mis-firing this morning, China is staggering and will soon start sliding down a muddy hill..

[Blown 472]

failure of government intervention to improve banks' willingness to lend had left markets anxious, said analysts.
This was despite a $700bn (£398bn) US bank bail-out being passed late last week, and efforts by several European countries including Germany and Denmark to boost confidence in their banks.
"The Fed's bail-out plan may have been passed on Friday but so far there's been no real reaction in credit markets and because of this the natural assumption is going to be that the measures won't work, even if such a call is rather premature," said Matt Buckland of CMC Markets.
But yet these clowns walk away with billions? what will it take to get the stupid, lazy tv fed americans off their asses and into the streets? where are you joe six pack?

[Heater]

So now that bush has ram rodded this ****ing bail out thru, when the country goes to shit will you bush nut swingers fess up and be men and admit you were wrong or will you still find some bullshit "liberal" excuse?
http://news.bbc.co.uk/2/hi/americas/7651823.stm
Been awhile since I been on here...still see that you are the same idiot as when I last posted...you have no argument so all you do is threaten and call people names.
In case you didn't hear me, let me repeat: You are one of the biggest internet idiots I have ever ran across....you will get what you got coming to you if you are man enough to not run when it finds you...

[SeaSlut]

and all you ****ing bush nut swingers are to blame.
really? Hmmm.

[Heater]

really? Hmmm.
SeaSlut,
He won't respond to actual fact based debate. He is caught up in the "Change" wave of ignorance and blind leading the blind.
Great post by the way!! Gotta love facts!

[Blown 472]

SeaSlut,
He won't respond to actual fact based debate. He is caught up in the "Change" wave of ignorance and blind leading the blind.
Great post by the way!! Gotta love facts!
Yeah **** him, you ****ing rule. Go suck some gdumbya ass.

[SeaSlut]

Yeah **** him, you ****ing rule. Go suck some gdumbya ass.
Well written, articulate.
Thank you for presenting the rational argument.
Now go cut your ignorant ass a piece of government cheese and wash it down with a glass of bleach.

[SeaSlut]

this is why Obama will be elected
http://www.youtube.com/watch?v=P36x8rTb3jI

[Blown 472]

Well written, articulate.
Thank you for presenting the rational argument.
Now go cut your ignorant ass a piece of government cheese and wash it down with a glass of bleach.
Sorry, I dont need to be governed unlike you sheep.

[Heater]

Sorry, I dont need to be governed unlike you sheep.
You are a typical Obama liberal mouth....always talking but saying and doing nothing. It was your boys that let this housing mess run rampant. But you don't know that cause your head is so fogged up from your two brain cells running into each other.
What are you gonna do when your saviour doesn't win? Blame it on Bush?

[donzi5150]

Heater, I hate to say it but I have to come to Blown's defense....he hates both sides but he does a good job letting us think he is a liberal with his right bashing.......lets see what he has to say.......

[Heater]

Heater, I hate to say it but I have to come to Blown's defense....he hates both sides but he does a good job letting us think he is a liberal with his right bashing.......lets see what he has to say.......
Sounds Good....as always he will come back with a "you bush nut swingers" comment...
I have never known Blown to say anything that amounted to a shiat sandwich so my hopes are very low he will start now.

[Blown 472]

Heater, I hate to say it but I have to come to Blown's defense....he hates both sides but he does a good job letting us think he is a liberal with his right bashing.......lets see what he has to say.......
Sorry to disapoint, voted libertarian today boys, have fun with your joo loving corrupt two party bullshit system.

[Blown 472]

You are a typical Obama liberal mouth....always talking but saying and doing nothing. It was your boys that let this housing mess run rampant. But you don't know that cause your head is so fogged up from your two brain cells running into each other.
What are you gonna do when your saviour doesn't win? Blame it on Bush?
Sorry to disapoint, never voted for clinton, in fact I voted for your ******** boy once. Have a nice life now that obama will be in the black house, had you losers fielded someone worth a shit he might not be taking over tha white house.

[Blown 472]

Another reason to remove these ****s and kick the joos out of our gubment.
Obama: An enormous danger to America and the world
By David Duke
Americans have had enough of George Bush. Latest opinion polls show his approval ratings are down to 22 percent, probably the lowest of any U.S. President in history. In Europe, the Mideast and the rest of the world, George Bush is perhaps the most hated U.S. President in history.
As every astute political observer knows, American foreign policy is completely in the control of Jewish extremists who have made American diplomacy and war simply an extension of the most radical Jewish elements in Israel and around the world. The most powerful lobby in Washington with far more clout than any other is AIPAC, the American Israel Public Affairs Committee. Aided by their enormous media and financial clout, they have been able to pursue the Mideast and even global objectives of Israel.
Many Americans now fully realize that the Iraq War was completely manufactured by Israel-Firsters who saw Iraq as Israel’s biggest enemy.
They were able to transform Hussein from an American ally to whom America supplied billions of dollars worth of arms to an enemy. American business interests in Iraq were also harmed by our Israeli-controlled policy. The media even casually admit that the chief orchestrators of the war were Richard Perle and Paul Wolfowitz. Long before the war, Perle and other Jewish Neocons actually wrote a paper for Benjamin Netanyahu and the Israeli government proposing war against Iraq, Syria and Iran (A Clean Break).
The unashamedly Zionist owners and editors of the NY Times and the Washington Post didn’t tell us we needed war for Israel’s interest; no, they told us the big lie of Saddam’s supposed weapons of mass destruction and how he was a danger the United States. In reality, the real danger was the Neocon control of our policy which has caused the death or maiming of tens of thousands of Americans in Iraq and Afghanistan, and an ultimate cost of trillions of dollars to the hard-pressed American people. One could argue without contradiction that the long term support of the Jewish supremacist state of Israel has been the greatest single factor in the rise of terror in the last half century.
Everybody rightfully sees McCain as someone who will continue the Jewish Neocon policies of George Bush. But, the media establishment has been careful to portray Obama as a fresh voice, the “anti-war” candidate. Yet, Obama has already said that he will evaluate his withdrawal plan “at the time,” pledged a massive increase of troops in Afghanistan, and has threatened Iran with nuclear annihilation. This is an “anti-war” candidate?
The sainthood of President Barack Obama is already started. Rolling Stone Magazine said he “challenges America to rise up [and] summon ‘the better angels of our nature.’ ”
In fact, Obama represents the same policies of George Bush and John McCain. The only difference is that he is much more dangerous, because America and the world is very wary of Bush and McCain, but Obama will put a new face on the same old policies leading America and the world to war and economic Armageddon. Obama doesn’t look like a Neocon, but he puts on a yarmulke and kneels to AIPAC just like Bush and McCain.
Last time I looked at the federal election campaign reports I found that Obama’s biggest contributor was the Wall Street criminal banking firm of Goldman Sachs. Obama is not an agent of change, he is an agent of the same old with a new face.
Obama gives the Neocons who control American politics, foreign policy and media a new image and as such makes him far more dangerous to the peace, freedom and prosperity of the world than George Bush and chosen successor, John McCain.

[CA Stu]

Another reason to remove these ****s and kick the joos out of our gubment.
Obama: An enormous danger to America and the world
By David Duke
Americans have had enough of George Bush. Latest opinion polls show his approval ratings are down to 22 percent, probably the lowest of any U.S. President in history. In Europe, the Mideast and the rest of the world, George Bush is perhaps the most hated U.S. President in history.
As every astute political observer knows, American foreign policy is completely in the control of Jewish extremists who have made American diplomacy and war simply an extension of the most radical Jewish elements in Israel and around the world. The most powerful lobby in Washington with far more clout than any other is AIPAC, the American Israel Public Affairs Committee. Aided by their enormous media and financial clout, they have been able to pursue the Mideast and even global objectives of Israel.
Many Americans now fully realize that the Iraq War was completely manufactured by Israel-Firsters who saw Iraq as Israel’s biggest enemy.
They were able to transform Hussein from an American ally to whom America supplied billions of dollars worth of arms to an enemy. American business interests in Iraq were also harmed by our Israeli-controlled policy. The media even casually admit that the chief orchestrators of the war were Richard Perle and Paul Wolfowitz. Long before the war, Perle and other Jewish Neocons actually wrote a paper for Benjamin Netanyahu and the Israeli government proposing war against Iraq, Syria and Iran (A Clean Break).
The unashamedly Zionist owners and editors of the NY Times and the Washington Post didn’t tell us we needed war for Israel’s interest; no, they told us the big lie of Saddam’s supposed weapons of mass destruction and how he was a danger the United States. In reality, the real danger was the Neocon control of our policy which has caused the death or maiming of tens of thousands of Americans in Iraq and Afghanistan, and an ultimate cost of trillions of dollars to the hard-pressed American people. One could argue without contradiction that the long term support of the Jewish supremacist state of Israel has been the greatest single factor in the rise of terror in the last half century.
Everybody rightfully sees McCain as someone who will continue the Jewish Neocon policies of George Bush. But, the media establishment has been careful to portray Obama as a fresh voice, the “anti-war” candidate. Yet, Obama has already said that he will evaluate his withdrawal plan “at the time,” pledged a massive increase of troops in Afghanistan, and has threatened Iran with nuclear annihilation. This is an “anti-war” candidate?
The sainthood of President Barack Obama is already started. Rolling Stone Magazine said he “challenges America to rise up [and] summon ‘the better angels of our nature.’ ”
In fact, Obama represents the same policies of George Bush and John McCain. The only difference is that he is much more dangerous, because America and the world is very wary of Bush and McCain, but Obama will put a new face on the same old policies leading America and the world to war and economic Armageddon. Obama doesn’t look like a Neocon, but he puts on a yarmulke and kneels to AIPAC just like Bush and McCain.
Last time I looked at the federal election campaign reports I found that Obama’s biggest contributor was the Wall Street criminal banking firm of Goldman Sachs. Obama is not an agent of change, he is an agent of the same old with a new face.
Obama gives the Neocons who control American politics, foreign policy and media a new image and as such makes him far more dangerous to the peace, freedom and prosperity of the world than George Bush and chosen successor, John McCain.
Fearmongering bullshit.
Reagan crushed the Soviet Union through engaging Gorbachev, not by being a cowering pussy and hiding from him.
I have high hopes for the new Pres. and will support him regardless.
All Americans should, it's the American way.
Thanks
CA Stu

[Knotbad]

it is 1 trillion dollars. 700B plus frammie @ 200B plus the bear sterns, etc...
and I continue to hear how great this is for the tax payers having an investment in wall street....dude, only the truly crazy borrow money to invest in the market...they call it "leverage" and it has broken several banks, investment and otherwise...
I'll buy into the market after these "margin calls" start gettin' mailed.
CCSpeaking of Bear Sterns guess what? The Federal Reserve just hired Bear Sterns' chairman of RISK MANAGEMENT. Yeah the same guy who presided over the B-S implosion from BAD RISKS. You just can't make this stuff up. :rolleyes:

[centerhill condor]

You just can't make this stuff up. :rolleyes:
a fannie guy just got a big gig in the new admin...This is impressive. Change..you want that in nickels or dimes?
CC

[INXS]

and all you ****ing bush nut swingers are to blame.
Good to see we still have the libs here, a couple years off this site and I though they may have learned something!

[INXS]

BTW, obama sold you guys out already, just like clinton did!

[Knotbad]

Just saw a report this morning about the current economic mess and I will try and quote the facts the best I can:
Pres. Bush warned congress to take action 17 times about oversight of the bank and mortgage companies starting back in 2001.
Sen. McCain took the lead on some oversight legislation and the Dem congress would not allow it to come to the floor for a vote which included Obama and Biden.
Sen. McCain warned congress starting in 2004 of the now financia metdown.
In an independant study by a promonent govt waste watch dog group, McCain had a 88% fiscal responsibility rating, one of the highest ratings in all of congress.......Obama the second lowest at 18% and his VP pick 0%.
But I know.....It's all Bush's fault......and McCain will be a third Bush term.....yes but with forceful in your face leadership to fight all this BS!I'd like to see some links to your assertions, and not from the right wing media.

[Sundance]

Like someone on this thread said earlier, haven't been on here for some time and nothing has changed.
For those on the "right" only a small portion of the world and of the US believe in Bush.
For those on the "left" Obama did a good job of feeding you what you want to hear.
For those of you who know what a Barnes & Noble is go pick up and read the book named the "Angler".
Bush was never in charge, that's what you don't understand.
I just know from my personel experience that my business and that of my customers has steadly declined over the past eith years. To the point where many of my customers are going out of business.
Those of you with cable or satalite, watch more than just one news program on different networks. Get the views and opinions of both sides and make inteligent decsions on your own

[Blown 472]

Like someone on this thread said earlier, haven't been on here for some time and nothing has changed.
For those on the "right" only a small portion of the world and of the US believe in Bush.
For those on the "left" Obama did a good job of feeding you what you want to hear.
For those of you who know what a Barnes & Noble is go pick up and read the book named the "Angler".
Bush was never in charge, that's what you don't understand.
I just know from my personel experience that my business and that of my customers has steadly declined over the past eith years. To the point where many of my customers are going out of business.
Those of you with cable or satalite, watch more than just one news program on different networks. Get the views and opinions of both sides and make inteligent decsions on your own
bbbbbbbbbbbbbwwwwwwwwwwwwaaaaaaaaaaaaaaaaaaaaaahhh hhhhhhhhhhhhhhhhhaaaaaaaaaaaaaaaaaaaaaahhhhhhhhhhh hhhhhhhhhhaaaaaaaaaaaaaaa
that is some funny shit there.

[Knotbad]

Bush was never in charge, that's what you don't understand.
Exactly. bu$h is the monkey and Cheney is the organ grinder. No disrespect to monkeys and organ grinders.

[Blown 472]

Bush was never in charge, that's what you don't understand.
Exactly. bu$h is the monkey and Cheney is the organ grinder. No disrespect to monkeys and organ grinders.
No, bush, cheney, all of congress and the senate are the monkeys, israel is the grinder.