This Man Is RIGHTEOUS
Here's Zo's blog: http://zo.black-and-right.com/?p=26#comments
posted by John | 9:14 AM
Republicus
"Give me your tired, your poor, Your huddled masses yearning to breathe free, The wretched refuse of your teeming shore. Send these, the homeless, tempest-tossed to me. I lift my lamp beside the golden door." The Statue of Liberty (P.S. Please be so kind as to enter through the proper channels and in an orderly fashion)
- The Nutshell Has Roots
- Nostradamus 101
- P-U!
- Comic Relief
- Not Doomsday For Capitalism
- Subtleties
- M-Hm.
- Getting Out The Vote (Democrat-Style)
- It's About Time.
- In A Nutshell
17 Comments:
WOOO HOOOOOO!!!
This man understands the conservatives that I know of all races and stripes. When we get together for a back yard b-b-q, we have philippino food, soul food, ribs, brisket done Texas style, beans, cornbread, mexican dishes of all variety, tehano pinto beans and anything else anyone can bring.
God love those that understand personal liberty and self responsibility!
John
Do you really think the meltdown began with subprime loans at Fannie Mae and Freddie Mac?
Here's a tip for you: subprime loans are ones that, by definition, do not "conform" to Fannie Mae and Freddie Mac standards.
Sub prime loans and no doc loans etc are made by sub prime lenders -
These are banks and fly-by-night operations. Both are bottom feeders.
I understand why McCain is
trying to muddle the issue - he has to.
The crisis was caused by something called "credit default swaps"
These were derivative instruments that holders of collateral debt obligations (CDO) bought
to insure against risk.
In other words - financial institutions wanted the high returns that mortgage backed securities offered. But they wanted to lessen risk - so they bought "swaps"
This temporarily masked debt levels at places like Lehman, et al.
Btw,
You'll get a kick out of this -http://www.thedailybeast.com/blogs-and-stories/2008-10-10/the-conservative-case-for-obama
"I never knew the freepers hated Christians before now. Wow! They sound a LOT like liberals..."
Apparently, they "buried the hatchet."
Anonymous said:
"John
Do you really think the meltdown began with subprime loans at Fannie Mae and Freddie Mac?"
Apparently, they contributed greatly to it, bundling and peddling the credit default swaps you talk about.
A patriot!
JOHN-CHECK YOUR MAIL!!!!!!!!
I've sent twice now...
tmw
"Apparently, they contributed greatly to it, bundling and peddling the credit default swaps you talk about."
You clearly do not know what a cds is. It's an insurance derivative and not bundled by Freddie or Fannie. You may want to go research these if you are going to pretend you have any idea about what is causing this crisis.
This is different anonymous - Anyway - Fannie Mae and Freddie Mac have a role in the crisis, but it's a marginal role - Maybe 10 percent, max.
It's a sign of late Bush era decay.
On the one hand, racist appeals on far right talk (not just Limbaugh) radio want to blame poor people and minorities for tricking banks into lending to them. So they are advancing a kinda Protocols of Poor People conspiracy theory. Fox has boost this line too.
It makes no sense - First of all, the banks are the ones who are legally obligated to know their customer. Not the other way around. Besides, poor people are unorganized and lack the ability to trick people - that's why they are poor.
But then another faction of the GOP - wants to blame Fannie and Freddie. But this negates blaming poor people, because Fannie and Freddie did not issue any meaningful subprime loans.
Here - O'reilly exlpains it all on the Factor.
http://www.youtube.com/watch?v=-teM03FPUow
tmw: "We're sorry, but we were unable to complete your request."
"You clearly do not know what a cds is...You may want to go research these if you are going to pretend you have any idea about what is causing this crisis."
I think you should drop your pretense at "objective analysis."
I know what caused this crisis, and more and more people are finding out, too.
I repeat, Fannie & Freddie are the most culpable institutions in this crisis, and Democrats the most culpable party.
"This is different anonymous - Anyway - Fannie Mae and Freddie Mac have a role in the crisis, but it's a marginal role - Maybe 10 percent, max."
Right, anonymous, and CO2s quantity in the atmosphere is a lot less than that.
Think "radiative forcing."
"It's a sign of late Bush era decay."
Denial. It's a sign of characteristic Democratic destructiveness of Capitalism and the greed and irresponsibility that has dominated the Democratic Party for decades.
Lord knows I have gotten much wrong in this campaign, but one thing I gots right was predicting McCain would regret
invoking John Lewis in his otherwise triumphant
Saddleback forum
day.
As a McCain supporter, I always cringe when the racists and morons speak at McCain Palin events.
It has ruined his campaign.
He should speak out more forcefully against it.
Here's John Lewis calling him on it:
http://www.politico.com/blogs/jonathanmartin/1008/John_Lewis_invoking_George_Wallace_says_McCain_and_Palin_playing_with_fire.html
McCain can still win, if he makes amends quickly.
There's more McCain to do to win.
He has to be more populist - The serious people of finance are now moving away from him to Obama. Obama has Warren Buffet and Soros and Larry Summers and most of the best money people.
If McCain tries to compete on that ground, he will lose.
Rather - he shoud go populist. His VP is good at that. McCain made a political error voting for the Paulson bill.
Paulson's bill is ok, but it would have passed anyway. Now that Paulson is nationalizing, it may do some good. But it was unpopular - esp with they type of people who go to Palin rallies.
McCain should get Bush to acknowledge his role in the crisis - If only for his benefit. Bush owes McCain!
McCain will fail and flail of his tries to divert blame to Democrats who have been out of power.
It might be pop w/ the talk radio crowd, but no one takes him seriously.
McCain should re-activate his old Maverick reputation. He should higlight his work with Feingold and Kennedy and wrap this in a patriotic bipartisan package.
The next time some buffoon grabs the mic at a rally and starts farting out of his mouth about Obama and socialism, McCain should grab the mic and say, "that's no way for you to speak about my colleague, and a fellow Christian. We have our differences, but we are American."
McCain would win two weeks of awesome press coverage if he showed that kind of principle and toughness.
It will be tough no matter what.
So let's hope and pray.
While I'm pretty conservative, my folks are liberals.
They worked for Kennedy and they worry about some of the hatred being raised now against Obama reminds them of the stuff against Kennedy.
It's actually worse.
McCain knows it. But Palin is less educated and probably doesn't understand.
Now is the time for a "speech about race" - But from Mac, not Obama.
Mac still has lots of good will out there. YMMV! - considering your past views.
One more Mccain mistake - stop telling subordinates who to select for debate moderator.
McCain wanted Brokaw for obvious reasons - McCain has promoted Browkaw's books and Browkaw promoted McCain's books.
But McCain forgot the capitalist rationale for this - Brokaw forgot McCain's help
(because Browkaw knows McCain didn't write his own books, so he may have favored Obama because he did write his own books) or at least it seemed so.
Also, Gwen Ifill was a bad pick. They wanted her because she would help with the spin game.
Ifill sorta helped Cheney against Edwards and McCains's people figured that was because she did not want to be heckled for liberal bias.
But at the end of the day - all this tactical bull s*** meant nothun
Republicans say Toe - Mahhh - Toe
Democrats say Ta-Ma-ta
Let's call the whole Gig
off.
Here's a non-partisan
analysis of the
money crisis
http://www.mcclatchydc.com/251/story/53802.html
If McCain imbibes that - and then acts on it. He can still win.
well, i say tamaytoe - what does that make me?
You amd me both, Nanc:
Tuh-may-toe.
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