Results 91 to 100 of 227
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08-29-2010 #91
I know they are not one of the federal reserve banks, but the entire system is interconnected. I'm not advocating doing away with banks in general, but I'd like to get them out of bed with the government.
As for the representation, the ratio still needs to shrink, and there is actually a case about this that was just appealed to the Supreme Court. I doubt they will take it up because they will likely consider it a "political question," but nevertheless it is a valid issue. The first proposed amendment to the Constitution actually addressed the issue of increasing the size of the house (though there was a cap in it). All things being equal, I'd take too large a House over to small a one.
Oh and when a congressmen represents multiple counties (or even an entire State), then how exactly are they representing the interests of your particular community? I know in NY, the interests of Manhattan differ from those of Nassau or Westchester, never mind the rural upstate communities.
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08-29-2010 #92
"You can pick your friends & you can pick your nose, but you can't wipe your friends off on your saddle."
~ Kinky Friedman ~
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08-29-2010 #93
As usual you guy go way off topic but.......
The problem wasnt people defaulting on their loans.
The problem was that the BANKS had repackaged these loans resold them and leveraged the fuck out of them.....THATS THE PROBLEM.
Thats why Europe is in this mess becasue they purchased these things not knowing the were junk.
The criminals on Wall Street have pulled everyone down with them.
Thats why Obama HAD to give that money to the banks because the debt had ballooned.
It was not just the value of all those homes that were in foreclosure.
The amount of these "toxic assests" is over 100 trillion dollars....it can NEVER be repaid.
There have been all kinds of schemes,swindles pulled off by wall street type and non wall street types alike....you all should do your research you would be SHOCKED at what has gone on.
I believe this recession is going to grow into a depresssion ....it already is....look at history.
When the crash happend in 29 thinks didnt immediately go into the shitter....by 31-32 things were really bad.
Also bad in those days the Federal Reserve Bank TIGHTENED CREDIT....just like what is happening now.
Think about that....it tightened credit during a depression......Obama gave ALL that money to the banks partially to loosen credit.....has that happen?
No.
Quite the opposite.
Hundreds of banks have failed.
Without lending and manufacturing your economy will contract and that is exactly what is happening I believe BY DESIGN.
You have to understand that even though SOME of the big boys are losing money if you compare the loses percentage wise they are being hurt far less than joe six pack.
All of those homes that the banks own wont be empty forever.....THIS IS WHAT YOU PEOPLE DONT GET.
I believe the price of homes will continue to call.....then they will go up and up and up.
This is all by design.....
You all dont see it right now BUT YOU WILL.
Your being swindled BIG TIME.
The sad part is you are the financers of your own demise.
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08-29-2010 #94
- Join Date
- Sep 2008
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- 935
You can look at the high cost of taxes on the gasoline you use. If you live in California, buy yourself a six-pack of generic cola for 2 bucks, you'll find the california government raking in almost 2 dollars in fees/taxes for a 2 dollar pack of soda.
Recycling is important, no doubt. But it seems that whenever the government is involved the statists behave as if their behavior is holy. Expensively holy.
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08-29-2010 #95
- Join Date
- Sep 2008
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- 935
Whatt do you mean " as usual"? How many posts have I had here? 10? You jump to many conclusions. Don't be so emotional.
And what loans were the banks repackaging? LOL The ones on stated income? The loans with 500% loan to value?
There seems to be a certain entitlement/victim mentality in your language.
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08-29-2010 #96
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08-29-2010 #97
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- Jun 2009
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- 7,425
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08-29-2010 #98
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08-29-2010 #99
- Join Date
- Jun 2009
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"Beckapalooza", "Beckith Fair". lol
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08-29-2010 #100
- Join Date
- Sep 2008
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