Those that don't know history are doomed. . .

http://www.youtube.com/watch?v=XWze_mzubQU

http://www.youtube.com/watch?v=XWze_mzubQU Originally Posted by pjorourke

According to that commercial we took over Wall Street, nothing could be further from the truth!

Holy cow, is that a Carl Rowe commercial? All that is missing is a mention of WMD's.

No idea whose it is. Its just effective.

Here is another one worth watching:

http://reason.com/blog/2010/10/28/re...re-the-jobs-th

..for the thread drifts.
From education to threesomes in 2 pages.

C x

[Got to love ECCIE..for the thread drifts.
From education to threesomes in 2 pages.

C x Originally Posted by Camille

Yeah, the thread drifts are higher and deeper than the snow drifts from the Erie Effect. But whereas, the Erie Effect has no BS, here you have to wear hip boots.

No idea whose it is. Originally Posted by pjorourke

And that is what is wrong in politics. We should be able to follow the money. Transparency is a good thing, especially when you have deceitful advertising.

Its just effective. Originally Posted by pjorourke

Agreed.

But you have to be ignorant of the facts for it to be so, unfortunatly most Americans know more about Jersy Shores than how this country is run.

And that is what is wrong in politics. We should be able to follow the money. Transparency is a good thing, especially when you have deceitful advertising. Originally Posted by WTF

I think we all want transparency. It's too bad that people are defending the one person who swore to end the lack of transparency when he is just as bad, if not worse, than past presidents.

Agreed.

But you have to be ignorant of the facts for it to be so, unfortunatly most Americans know more about Jersy Shores than how this country is run. Originally Posted by WTF

What's Jersey Shores? I've been to the Jersey shore, but it wasn't very impressive, nor was Atlantic City.

I think we all want transparency. It's too bad that people are defending the one person who swore to end the lack of transparency when he is just as bad, if not worse, than past presidents. Originally Posted by DFW5Traveler

Obama wants to follow the $ and the GOP should do two things:

1) Agree with him and
2) Follow all the $ he generates!

The Dems should do the same.


Only problem is that would show the public just who runs the country.
Obama with control of both houses couldn't reform the investment banking system from continuing privatizing profits and socializing losses. Neither party wants that to happen. Fuc up their gravey train.

What's Jersey Shores? I've been to the Jersey shore, but it wasn't very impressive, nor was Atlantic City. Originally Posted by DFW5Traveler

LOL, you are right about that. You ain't missing nothing by not knowing Snookis but if you keep blaming liberals for everythin the GOP is going to rob you blind!

WTF, we get the sense you don't like banks.

Holy cow, is that a Carl Rowe commercial? Originally Posted by WTF

Nope. Its a group called Citizens Against Government Waste. It was started by Jack Anderson (the syndicated columnist) and Peter Grace (founder of W.R. Grace & head of the Grace Commission under Reagan). Its been around since the late 80's -- well before Rove hit the scene.

http://www.cagw.org/

Agreed.

But you have to be ignorant of the facts for it to be so, unfortunatly most Americans know more about Jersy Shores than how this country is run. Originally Posted by WTF

Looked pretty accurate to me. What facts did they screw up?

Here is another one worth watching:

http://reason.com/blog/2010/10/28/re...re-the-jobs-th Originally Posted by pjorourke

That's a concise and excellent presentation.

Here's a good read for anyone wishing to delve more deeply into the topic:

http://www.econ.yale.edu/seminars/ec...ian-021008.pdf

Reasoned studies of the Great Depression offer many valuable lessons.

Unfortunately, they are not the ones being taught. Many students are still "learning" that the Depression's prolongation resulted primarily from the government's failure to spend enough money, as absurd as that notion seems (and is).

...if you keep blaming liberals for everythin the GOP is going to rob you blind! Originally Posted by WTF

Who's blind here?

1977: Jimmy Carter signs the Housing and Community Development Act.

1980: Interest rates rise 13 percentage points in two years, President Carter signs law gutting Glass-Steagall. The measure, pushed through by Sen. Jake Garn (R-Utah), destroys usury caps for mortgages and raises standards for prosecuting lenders.

April 2, 1987: Sen. John McCain meets with federal regulators to discuss investigation of Lincoln Savings and Loan. The owner, Charles Keating, was the McCain business partner and campaign contributor.

September 1987: Drexel Burnham Lambert creates “collateralized debt obligations” (CDOS); securities made up of myriad loans and bonds with different risk levels.

December 9, 1988: Silverado S&L collapses, leaving taxpayers a $1.3 billion liability. Board members included Neil Bush, who engineered loans to friends in what federal Office of Thrift Supervision will call “multiple conflicts of interest.” Bush later tells Congress a few of his deals may have looked “a little fishy.”

February 6, 1989: President George H.W. Bush bails out S&L industry; among those helped is his son, Jeb, as government takes over most of a $5 million second mortgage on his Miami office building.


1995: the Clinton administration strengthened the regulations of the Community Redevelopment Act. The CRA enabled consumers to secure mortgages with “no verification of income or assets; little consideration of the applicant’s ability to make payments; [and] no down payment.”

September 30, 1995: Congress enacts Truth in Lending Act reform, easing regulations on creditors. This bill was pushed through by Rep. Bill McCollum (D-Fla.), a key recipient of finance, insurance, and real estate (FIRE) donations to the tune of $136,000 between 1993-94.

August 2, 1996: Office of Thrift Supervision issues rule preempting almost all state laws regulating S&L credit activities.

March 4, 1998: First Union acquires The Money Store, nation’s 5th-largest subprime lender.

April 1998: Citicorp and Travelers announce biggest ever corporate merger ($70 billion). This transaction would have been illegal under the Glass-Steagall Act. It’s noteworthy to mention that CEO Sandy Weill launches $12 million campaign to repeal law.

June 1998: Conseco purchases mobile home lender Green Tree in $6 billion deal.

July 1999: North Carolina General Assembly throws aside the deregulation trend, passing a landmark measure to curb predatory lending.

November 1999: Gramm-Leach-Bliley Act dooms Glass-Steagall, setting off a tsunami of mergers among banks and insurance and securities companies. Signed by Bill Clinton.

As the mortgage industry grew, Fannie Mae and Freddie Mac (government-sponsored entities, or GSEs) became a kind of “jobs program for out-of-work Democrats”.

Clinton administration friends and staffers managed the GSEs including Franklin Raines (now advisor to President Obama), Jim Johnson, Jamie Gorelick (outspoken member of the "Bi-Partisan 9/11 Commission")and Rahm Emmanual (now Chief of Staff for President Obama). This small group of executives paid themselves nearly $200 million in only six years’ time.

Nobody in DC is immune from the disasters that are happening. At least I can admit and even show that Re-pubic-ans are part of the problem. You can't even admit the the Democrats are just as bad if not worse.

Just because I call myself conservative does not mean I am sympathetic to republicans. Not being a democrat does not automatically make me a republican. You have one thick skull if you can't get past the 2 party paradigm.

Who's blind now?

You can't even admit the the Democrats are just as bad if not worse.

Just because I call myself conservative does not mean I am sympathetic to republicans. Not being a democrat does not automatically make me a republican. You have one thick skull if you can't get past the 2 party paradigm.

Who's blind now? Originally Posted by DFW5Traveler

.
Obama with control of both houses couldn't reform the investment banking system from continuing privatizing profits and socializing losses. Neither party wants that to happen. Fuc up their gravey train.



! Originally Posted by WTF

I placed blame squarely on the DEms

..for the thread drifts.
From education to threesomes in 2 pages.

C x Originally Posted by Camille

That's not thread drift....that's back to the point!!!