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Mal_Con

Economic News

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And what has the Democrat congress been doing these past two years?

 

surely you know who repealed Glass-Steagall champ?

 

I'd like to see the Wikipedia activity on that one for the last few days.

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Senator Phil Graham introduced the legislation that repealed Glass-Steagall. President Clinton signed it into law.

 

Wasnt' Phil Graham McCain's former economic advisor?

 

Too big to fail?

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Should anyone really be surprised by all this?

 

Although the Democratic party maybe nearly as capable of fucking up the economy as the Republicans, the difference is that the Democratic party leadership would (and will always) be held accountable in particular by its idealist constituency as that is its nature (being still the party of the common folk).

 

On the other hand, the Republican party is mostly made up of (a) neo-aristocrats (b) religious fundamentalists © reactionary cynics who (have swallowed the koolaid) just want to vote against anything and anyone "democrat" because they are simply bitter and intellectually short sighted.

 

What is the economic vision of the Democrats? It's that "we can do things better and with a little foresight, we can improve the lives of all of us". If they fail to live up to that, the people let them know and they pay a price (usually in the form of Republicans getting elected).

 

On the other hand, what is the economic vision of the Republicans? It is "no need for foresight, oversight or any kind of sight. If you someday make enough money and own enough stuff, you will get to join our higher ranks and can then look down from on high towards the struggling masses". If they (Republicans) fail and their economic "vision" breaks, it only serves to prove their point that "life is a struggle", and every man be for himself. In other words, the repubs can always claim that they "get a pass" because they really never offered much in the first place.

 

The reason the Republican party is more accurately termed the "repugnant" party is because people recognize the rotting facade of the Right wing promise - and it's just fucking repugnant when your continuously being sold a line of bull. (Their so good at it though!)

 

The "free market" is one such facade that really it doesn't mean an equilibrium of supply and demand. Free market (as it turns out under the repubs) = unrestrained greed = imbalance = collapse. Katrena exposed the facade that every one starts out with the same chance to succeed in our society. Enron, the energy "shortage", the mortgage melt down, the oil price "crisis" shows that money is basically nothing less than a drug, and that when under the influence people do not always do the moral or right thing. They might even jump through hoops to sell you something they know you'll never be able to hold on to. The terrorist "crisis" has become a way to control the populace and is sold to them in the form of "be afraid, be very afraid!"

 

Everything Republican is a lie! It is a sham. It is a smoke screen, a big fat show with nothing behind it. WMD's? Where? Alqaida in Iraq? When? Oh after we showed up. Binladin? "We'll smoke you out and bring you to justice"... Really? From fake health insurance to fake loans to fake tax cuts and fake "diplomacy". From fake FDA oversight to fake and doctored "scientific" reports - its just oh so fitting that McCain would finally pick a fake VP candidate with fake credentials and fakey painted lips.

 

I for one am not surprised in the least that this phony,fake, bullshit economy built under a repugnant republican administration would end up in a state of near total collapse. And I am equally not surprised that they would attempt to "bail out" the situation with a big government "socialist" solution - one that the working class will end up paying for of coarse.

 

What I would be surprised by is that anyone in their right (ahemm.."correct") mind would ever under any circumstance vote to put these lying snake oil salesmen (and a woman) back into power for another four years.

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I see the forest, you see the trees

 

Fairweather would loan the drunk on the corner $100k, securitize that and sell it to 15 investors at $10k a pop guaranteeing a $1k/month income, blame the drunk when he couldn't pay it back, then ask the government to pay back the investors their $10k, pocketing $150k + fees for himself.

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I see the forest, you see the trees

 

Fairweather would loan the drunk on the corner $100k, securitize that and sell it to 15 investors at $10k a pop guaranteeing a $1k/month income, blame the drunk when he couldn't pay it back, then ask the government to pay back the investors their $10k, pocketing $150k + fees for himself.

 

That sounds like something your Democrat gal-pal Jamie Gorelick would do.

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I see the forest, you see the trees

 

Fairweather would loan the drunk on the corner $100k, securitize that and sell it to 15 investors at $10k a pop guaranteeing a $1k/month income, blame the drunk when he couldn't pay it back, then ask the government to pay back the investors their $10k, pocketing $150k + fees for himself.

 

that about sums it up :laf:

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I see the forest, you see the trees

 

I see a fat guy who looks suspiciously like TTK. Helmet nerd stickers & all. :wazup:

Edited by Fairweather

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I see the forest, you see the trees

 

Fairweather would loan the drunk on the corner $100k, securitize that and sell it to 15 investors at $10k a pop guaranteeing a $1k/month income, blame the drunk when he couldn't pay it back, then ask the government to pay back the investors their $10k, pocketing $150k + fees for himself.

 

That sounds like something your Democrat gal-pal Jamie Gorelick would do.

 

you really have no fucking idea whats going on, do you?

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I see the forest, you see the trees

 

I see a fat guy who looks suspiciously like TTK. Helmet nerd stickers & all. :wazup:

 

glad you enjoyed the show

Edited by dmuja

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Yes, I know. This is serious. But Joe Biden is gonna get me a new toaster. He said so today. And he'll be only one heartbeat away from the presidency.

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I see the forest, you see the trees

 

I see a fat guy who looks suspiciously like TTK. Helmet nerd stickers & all. :wazup:

 

glad you enjoyed the show

 

his kind goes for bread and circuses

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"Biden was born and raised in Scranton, Pennsylvania for ten years prior to moving to Delaware. He is an attorney and became a senator in 1973 at the Constitutional minimum age of 30, making him the fifth-youngest senator in U.S. history. He is a long-time member and current chairman of the Foreign Relations Committee and has worked on resolutions concerning the Yugoslav wars and Iraq War. He has served as chairman of the Senate Judiciary Committee, dealing with issues related to drug policy, crime prevention, and civil liberties, and led creation of the Violent Crime Control and Law Enforcement Act and Violence Against Women Act. He chaired the Judiciary Committee during the contentious U.S. Supreme Court nominations of Robert Bork and Clarence Thomas..etc, etc,..."

 

 

Sarah Palin bio:

 

"She can see Russia from her house"

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was thinking, glad I don't have any money in there.

 

then I remembered that Ulee has his first savings account there, and he has been putting money into it. I went with him and opened it up about 8 months ago to help teach him about saving money.

 

nice lesson this is will be for him if Wamu fails.

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Getting paid off by the FDIC is not all that quick or fun, think insurance claim. :wave:

 

Think FDIC firing up printing presses cause it ain't got no money.

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Did Joe say toaster as in stainless with two slots? Do you guys think, just maybe, he's talking about one of those convection-type toaster ovens with the glass window? That would be great.

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Fucking WAMU is the reason I have a BECU account now...Think "curse" :wave:

 

Withdraw a couple of bucks immediately, buy some acetone and a green pad, then remove that corporate graffiti from your climbing helmet.

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I had nothing against WAMU Corp (used them for years) until they decided to screw me.

 

Now I have decreed that they will fail

 

It has been written

 

 

Thy will be done

 

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