Politics and Religion

I'm Rolling on the Floor laughing right now. You keep on believing your delusions - EOM
RULER_OF_THE_UNIVERSE 4882 reads
posted
1 / 23

It just keeps on getting worse and worse for you McSAME/FAILIN supporters!!!  What's McSAME gonna do now?  LOL




-- Modified on 10/10/2008 9:09:19 PM

RightwingUnderground 1359 reads
posted
2 / 23
RULER_OF_THE_UNIVERSE 1758 reads
posted
3 / 23

Typical.  Just typical.

You support the abuse of power.  And you right wingers talk about Obama's "socialism."

Guess what, your own conservative republican people have already done that for you.  Also, some of the worst abuses of power and trampling of the constitution ever.

And that was only the Bush administration.

Go ahead, continue to support abuse of power.  Failin', I mean, Palin will just lead McSAME down the toilet.  Thanks guys!  :)

RULER_OF_THE_UNIVERSE 1893 reads
posted
4 / 23

Too bad karma is biting them in the ASS.  LOL.  Does the sting hurt?  LOL

-- Modified on 10/10/2008 9:36:17 PM

conroyaiken 7 Reviews 1200 reads
posted
5 / 23

...it's her being too much of a dumbass to discretely use her position to fuck someone over.  This happens all the time, but skilled executive leaders can generally cover their tracks when it comes to these sorts of deeds.  So much for the experience argument.  

The Chaney legacy would certainly not exist with this idiot as VP.

Timbow 3140 reads
posted
6 / 23

Palin's firing of Monegan was "a proper and lawful exercise" of the governor's authority.
The rest was to appease the DEMS on the panel  :)

Timbow 2381 reads
posted
8 / 23

So you approve of a drunk HP that gets drunk and threatens family members   while tasering a 10 year old kid .

RULER_OF_THE_UNIVERSE 1383 reads
posted
11 / 23

Isn't the central theme to Christianity:

Forgive and love your enemies.
Turn the other cheek?

Looks like your Bible Beaters don't seem to understand the fundamentals of Christianity!

Oh, that's right, they're rednecks!  LOL.  They wouldn't understand anyway!

-- Modified on 10/10/2008 10:22:26 PM

-- Modified on 10/10/2008 10:33:38 PM

Timbow 1868 reads
posted
12 / 23

You are naive if you think will matter much in the election and its all about the economy with people selling mutual funds.

RULER_OF_THE_UNIVERSE 1649 reads
posted
13 / 23

The subprime meltdown was caused by investment brokerages who were left free to do what they wanted with Bush appointed business cronies in the SEC. They pushed out money to be loaned by any means necessary - including no money down, no proof of employment, no credit check, all you need is a pulse. Why the high demand? A form of financial engineering called securitization, which allowed many mortgage lenders to pass the rights to the mortgage payments and related credit/default risk to third-party investors via mortgage-backed securities (MBS) and collateralized debt obligations (CDO). Corporate, individual and institutional investors holding MBS or CDO now face significant losses, as the value of the underlying mortgage assets decline. How did this happen? Economist Robert Kuttner has criticized the repeal of the Glass-Steagall Act as contributing to the subprime meltdown.

1. This act had since 1933 eliminated Conflicts of interest characterize the granting of credit – lending – and the use of credit – investing – by the same entity, which led to abuses in 1933 (Great Depression remember?).
2. Depository institutions possess enormous financial power, by virtue of their control of other people’s money; its extent was limited by the act to ensure soundness and competition in the market for funds, whether loans or investments.
3. The act kept banks out of the securities business. Securities activities can be risky, leading to enormous losses. Such losses could threaten the integrity of deposits. In turn, the Government insures deposits and could be required to pay large sums if depository institutions were to collapse as the result of securities losses.
4. The act made sure deposits and liabilities did on get out of balance. Depository institutions are supposed to be managed to limit risk. Their managers thus may not be conditioned to operate prudently in more speculative securities businesses. An example is the crash of real estate investment trusts sponsored by bank holding companies (in the 1970s and 1980s).

Why was it repealed by the Republican Congress in 1999? So it could be replaced by the Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, which allowed banks and insurance companies to do it all, investments - grant credit - lend - and use credit; which led to abuses and the fix we're in today. Who led this charge of Deregulation? Gramm? That's right, Phil Gramm: Mr. “nation of whiners” who is still advising McCain on economic matters. Senate Democrats Voted Against it 39 to 1 Senate Republicans voted it for it 44 to 1 McCain's vote on Gramm's bill - Yea.
Sources:
http://www.govtrack.us/congress/vote.xpd?vote=s1999-105
http://dyn.politico.com/members/forums/thread.cfm?catid=1&subcatid=1&threadid=1431191&start=1%A4tPage=1
http://www.dailykos.com/story/2008/9/16/203823/008/1013/601053

This great act was followed by the "Commodity Futures Modernization Act of 2000" The Bill was slipped in and rammed through both the House and Senate without any debate. The way the latter passed was extraordinary: 262 pages of dense language slipped into an 11,000-page omnibus bill on the Friday before the Christmas recess. This act is widely known for creating the so-called "Enron Loophole," which exempts most over-the-counter energy trades and trading on electronic energy commodity markets. The "loophole" was drafted by Enron Lobbyists working with senator Phil Gramm seeking a deregulated atmosphere for their new experiment, "Enron On-line" which helped bilk millions of dollars from California utilities customers. "The act freed complex derivatives from any regulation," said Michael Greenberger, who served in the Commodities and Futures Trading commission in the late 1990s. "It set the stage for the present mess and the problem is, no one knows how many of these instruments are still out there or who holds them."

http://www.forbes.com/reuters/feeds/reuters/2008/09/22/2008-09-22T093623Z_01_LM718012_RTRIDST_0_COLUMN-USA-REAGAN.html

Several Democratic Legislators introduced legislation to close the loophole from 2000-2006 but were unsuccessful due to Republican control of the House and Senate. Who led this charge of Deregulation? Gramm? Again, Phil Gramm, about whom John McCain said this on Jan 18, 2008, “I love him dearly. On issues of economics and ... family values, there's nobody that I know that's stronger.” Gramm and his wife were big friends of Ken Lay (died just before HE WENT TO JAIL); he collected more than $97,000 in campaign contributions from ENRON. Wendy Gramm was on ENRON’s board and was paid between $915,000 and $1.8 million in salary, attendance fees, stock options and dividends for helping ENRON implode. Do what’s right for your country and your children – send McCain back to the Senate and Obama to the Whitehouse!

9-man 2749 reads
posted
16 / 23


Sorry to keep on reminding people, but I think my judgment was brought into question quite shamefully. I promise I'll only say "I told you so" or any variation on it, just one more time.

-- Modified on 10/10/2008 11:13:23 PM

Timbow 2175 reads
posted
17 / 23

You are ignorant in politics it was both parties and the greed of WAll Street  . Go back to HP and Daliy Kos to get more brainwashed.

-- Modified on 10/10/2008 11:01:58 PM

Timbow 1587 reads
posted
19 / 23

You keep playing with yourself  :)  

-- Modified on 10/10/2008 11:10:12 PM

AlSwearingen 1731 reads
posted
20 / 23
jw_blue 2439 reads
posted
21 / 23

**This is a good sideshow to divert everyone's attention from the truth about obama, his thugs(ACORN), and his pattern of associations of rev. wright, ayers, rezko, franklin raines, jim johnson, etc. obama is a chicago politician...'nuff said. Sarah Palin cannot expect politicians in Alaska to have her back because she took on the special interests in the Republican party and whipped their ass. Now comes the charge that she “abused” her power? Why? Because she did not tell her husband to stop complaining about her asshole brother-in-law.

Stapleton called the investigation "a partisan-led inquiry" run by supporters of Democratic presidential candidate Sen. Barack Obama, but hailed its finding that Monegan's firing broke no law.

"Gov. Palin was cleared of the allegation of an improper firing, which is what this investigation was approved to look into," she said.

Stapleton went on to say that the Legislature exceeded its mandate in finding an ethics violation. "Lacking evidence to support the original Monegan allegation, the Legislative Council seriously overreached, making a tortured argument to find fault without basis in law or fact."

Rep. John Coghill, a Republican who criticized the handling of the investigation, said it was "well-done professionally."

He said Palin "bumped right against the edges" of the state's ethics laws but that he would give "the benefit of the doubt to the governor, though, at this point."

Palin originally agreed to cooperate with the Legislative Council inquiry, and disclosed in August that her advisers had contacted Department of Public Safety officials nearly two dozen times regarding her ex-brother-in-law.

But once she became Sen. John McCain's running mate, her advisers began painting the investigation as a weapon of Democratic partisans.

Ahead of Friday's hearing, Palin supporters wearing clown costumes and carrying balloons denounced the probe as a "kangaroo court" and a "three-ring circus" led by supporters of Democratic presidential candidate Barack Obama.

-- Modified on 10/11/2008 2:57:20 AM

Timbow 1777 reads
posted
22 / 23

You are delusional as him so go back to playing with each others flutes :)

Echochamber 2818 reads
posted
23 / 23
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