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08-29-2010 #81
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08-29-2010 #82
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- Sep 2008
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- 935
I wonder who was blaming the uber-rich when John Q Public was buying homes with stated-income loans. And usually the income stated was 3 to 4 times the borrowers actual income. It's a two-way street, my friend. The borrowing public was just as guilty as the lending public.
And if you're willing to overlook government corruption (blagovich, acorn etc) in favor of political finger pointing, that's your deal and it's probably that same battered-liberal syndrome that enables your type to vote for your corrupt democrat political machine.
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08-29-2010 #83
No successful banker gives poor people loans to buy half million dollar houses, unless he's working an angle. The banks were willing to make NINJA loans, ( no job, no income), because those outstanding loans could be chopped up and sold in derivative securities to unknowing investors.
Corruption on any level is bad, but too many folks don't want to confront the financial raping of the country that's taking place in the board rooms of the top Wall Street investment firms.
Did Blago take money out of your pocket?? Did ACORN??
Focus on the big picture buddy.
Politicians are prone to corruption, of all political stripe, however, WE are the government. Accountability begins with the electorate.
If the system is failing, the failure is with US, not the institutions. The alternative to no federal government is tribalism and anarchy.
You're maybe the first person I've met who thinks the Wall Street ponzi scheme built upon the phony home mortgage loan bubble fed by the investment banks was okay, because gosh, they're wealthy.
Don't be a sheeple, mah dude.
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08-29-2010 #84
You do realize there is a middle ground between no federal government and what we have today, right?
Acorn is just one example of tax payer funded activity gone awry. There is an issue when people are forced to give over their hard earned money so that a congressman can fund his pet project, gain political capital with it, or simply fund a wayward "community organization."
However, the banks are also an issue, but why do you think they have as much power as they do? There was a push early on in this country by some (cough... Hamilton...cough) to have an increasingly strong central government and a powerful central banking system. That ideology won out, and what you see happening now is the product of it.
In general, local government is more responsive to the electorate. There are benefits to a federal government, but it long ago grew past what it should be. The feds now exert a great deal of control over your daily life, but they are the farthest removed from you, and the most difficult to alter. I'll leave you with this thought... When the nation was founded there was 1 congressional representative for approx every 30,000 people. Now, there is 1 congressional representative for approx every 3/4 of a million ppl, yet they decide a great deal more about your day to day life.
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08-29-2010 #85
'News' anchors and others who offer opinions under the guise of new are very important, in the sceme of things these days. They conservative media in particular is engaging is systymatic brainwashing, by loading negative meanings into terms like "liberal", with unrelated terms like 'pedophile', and a very long list of negative terms. After a while the person hearing it, reasoning is suspended, when they hear such terms.
For example, didn't someone in this thread say that, Obama hates white people? Not only is that an utter lie, it makes no sense. How can people be made to believe something comepletely illogical? A key part of that process is the filtering of information, though people like Beck.
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08-29-2010 #86
Agree, ironically, with most of this, except that the federal government had no role in the founding of investment banks like JP Morgan, Goldman Sachs, (now defunct) Lehman Bros, Citigroup, Morgan Stanley and Bear Stearns.
These banks are NOT a part of the Federal Banking system.
Cash is the lifeblood of American politics, and these banks are the essential valves in the heart of American power that keeps that blood pumping.
Ever think it was oddly convenient how Goldman Sachs had so many well placed former employees/execs in the Bush AND Obama administration??
To protect their interests.
About the ratio of Congressional reps/voters, you have to assume that ratio was going to increase. In a democratic republic, you elect representatives to defend your communities' interests in Washington, DC.
Do you really want to increase the size of Congress 10x???
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08-29-2010 #87
- Join Date
- Jan 2007
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- IN
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- 15
Geez Huey, give it a break...the newspaper heiress was released from mind-control captivity almost 40 years ago and the Panthers have turned into kittens. They have developed more creative methods of challenge other than your 1960's beat-downs and threats of violence.
Your continued rantings do little more than alienate those who most need adjustment.
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08-29-2010 #88
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- Jan 2007
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- 15
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08-29-2010 #89
- Join Date
- Jan 2007
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08-29-2010 #90
GG...
Published on Saturday, August 28, 2010 by Informed Comment Glenn Beck’s ‘I Have a Dream Speech’
by Juan Cole
This is the ‘I have a Dream Speech’ that Glenn Beck would give at the Lincoln Memorial if he were being completely honest.
I am not unmindful that some of you have come here out of great trials and tribulations. Some of you have come fresh from tax increases or increased regulation of your speculative financial instruments. Some of you have come from areas where your quest for freedom left you battered by the storms of government takeover and staggered by the winds of police laxness toward Mexicans and minority crime. You have been the veterans of creative suffering, under our current strange mixture of fascism, communism and Islam (Islamo-commie-fascism as I call it). Continue to work with the faith that unearned suffering cannot be cured by a government take-over of health care.
Go back to the Hamptons, go back to Grosse Point, go back to Alaska, go back to Utah, go back to Idaho, go back to the suburbs and exurbs of our northern cities, knowing that somehow this situation of having an African-American president can and will be changed. Let us not wallow in the valley of despair.
I say to you today, my friends, so even though we face the difficulties of today and tomorrow, I still have a dream. It is a dream deeply rooted in the American dream.
I have a dream that one day this nation will rise up and live out the true meaning of its creed: “We hold these truths to be self-evident: that some men are only worth 3/5s of others.”
I have a dream that one day on the red hills of Georgia the sons of former slaves and the sons of former slave owners will be able to sit down and recognize that our president doesn’t like white guys.
I have a dream that one day even the borough of Manhattan, a borough sweltering with the heat of socialism, sweltering with the heat of Islamic fascism, will be transformed into a mosque-free oasis of freedom for people just like me.
I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their gold portfolios.
I have a dream today. . .
satire
© 2010 Juan Cole
Juan Cole teaches Middle Eastern and South Asian history at the University of Michigan. His most recent book Napoleon's Egypt: Invading the Middle East (New York: Palgrave Macmillan, 2007) has just been published. He has appeared widely on television, radio and on op-ed pages as a commentator on Middle East affairs, and has a regular column at Salon.com. He has written, edited, or translated 14 books and has authored 60 journal articles. His weblog on the contemporary Middle East is Informed Comment.
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