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How much control over the actions of Congress as a a whole, or individuals in it, do you think the President has? Any answer larger than zero is a fail.
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I don't get it.
Why is Obama responsible for anyone in congress? Did we suddenly change to a monarchy, or something? |
nevermind - move along.
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Whether Dodd or Geithner or Paulson or Thain or Greenspan or whoever needs blame is irrelevant. The Cellar has been poisoned by constant attacks on Obama and others who are desperately trying to fix an economy that was undermined by that political agenda during the last decade. Little here is about AIG, economics, or what might work and what makes things worse. A political extremist agenda is constantly attacking the Obama administration to avoid the politics that really created this mess. You would think Geithner and Dodd created all problems due to classicman's constant Rush Limbaugh partisan attacks. So partisan that this independent is too busy challenging the lies rather than discuss the problem. Nothing from classicman offers a solution to or understanding of this AIG mess. That would require admitting to a political agenda that created this mess. To avoid that reality, political extremists must attack and destroy - not grasp, enlighten, and construct. A left-right dichotomy accurately described most every classicman post because this problem is directly traceable to a his beloved political agenda that eliminated responsible accounting and corporate behavior. So attached is he to extremism that criticism of his left-right dichotomy is taken as a personal attack. |
Look beyond the bogus bonus smokescreen
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I like the Generations Invigorating Volunteerism and Education (GIVE) Act.
You might want to read more about it then just Michelle Malkin....unless you're not interested in independent thinking and would rather just take the word of a partisan hack who often misrepresents the facts. IMO, encouraging and supporting volunteerism and public service is a good thing..but I admit to not having read the bill line-by-line. |
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Your statement was like saying "What kind of commie won't vote for the PATRIOT Act? Why do they hate patriots?" |
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Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act |
The Patriot Act, a lasting legacy of the Demoncratically controlled Congress.
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One of those bills "rushed" through Congress by Bush and the Republicans in a manner that you now complain about. Any amendments proposed by the Democrats after 2007 faced a Bush veto. Damn..why do you keep rewriting history? |
Patriot 2 (revised Patriot 1) was passed by the dems after years of bitching about how bad it was for our country, including the provisions for wiretapping of US citizens they were all willing to throw themselves on a sword for.
http://www.usdoj.gov/archive/ll/subs/p_congress.htm |
And any amendments, and there were many, that Bush threatened to veto were excluded for the sake of "national security."
But your unique interpretation of solely blaming the Dems for everything always keeps me amused. :) |
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Yep, all approved by the Demoncratics in Congress. Ok, not so controlled but the Dems caved.
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Is that what you're saying? :lol: |
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Who are apparently controlled via orbital mind control lasers by the Clintons. At least in Mercenary's head. http://www.prorider.com/org/images/10VBlue80.jpg |
You cannot penetrate the tin foil! :lol2:
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Are the GOP members of congress really that girly, or do the dems have mind control lasers? |
Oh, they just tell the people who voted them in that they are going to do one thing and turn around and sell out those same supporters by siding with the Repubs. It kind a took the wind out of all those complaints about wire tapping, etc. I thought it was pretty funny really since I supported both Patriot 1 and 2.
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http://ilovebubbadogs.com/bubbapress.../11/rollin.jpg |
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I thought it was a fitting response to your failed efforts to defend the Demoncrats. :D
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You are the prime example of why America's political system has failed. You can really only see two ways to look at things: GOP and Dem. And you don't mind being sodomized by the government, as long as the GOP is doing it. It's a RELIGION with you. No shit. :lol: |
Now you getting really funny Opie. Some serious fantasy you have going on there. Obama will control your bank soon enough.
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Oh, yes, I agree. Therefore, Bush is as responsible as Clinton and Dodd. Thanks. |
At what point did I say he wasn't? What you fail to miss repeatedly is that this administration was voted in on the mantra of CHANGE. That's what I want to see - not the same thing we've had.
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Sorry. Not gonna happen. |
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Give it up. He thinks he specializes in putting words and thoughts in other peoples heads. |
TGRR's got evil genius mind control powers? Blimey. Who knew?
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He will control you with his crystal ball! Be afraid. Be very afraid.
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Notice how extremists such as classicman are not discussing AIG. Notice how the discussion again quickly blames Obama. |
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Anyone who knows economics knows American still has much to suffer from George Jr wacko extremism including an upcoming $1trillion debt from "Mission Accomplished", a war that must be refought from scratch in Afghanistan, the destruction of science by White House lawyers, openly advocating corruption on Wall Street, and the destruction of American poplularity everywhere in the world including Canada and Mexico. Clearly Obama must have also destroyed the Oslo Accords as predicted by the Norwegian foreign minister. Clearly bin Laden thanks Obama for protecting him. After all, why would bin Laden thank wacko extremists and George Jr for no attempt to kill him? The topic here is AIG. Why attack Obama? AIG could only exist thanks to extremist political agendas that advocated unregulated financial markets and enriching the wealthiest. Even insurance was liberated from regulatory oversight. Let's see. How many years after Enron? AIG is but another example of Enron accounting complete with dummy corporations. So we also blame Obama for that? No wonder bin Laden so loves Obama. Let's take a moment to thank wacko extremists for saving us from Saddam's WMDs - while destroying the government surplus AND spending another $1trillion. Change is when extremists admit that George Jr was the worst president in over 100 years (even worse than Nixon). Wacko extremists fear change. So classicman repeatedly attacks Obama. Let's see if I understand this. Obama is to blame for George Jr's 36 out of 43 rating. Wacko extremism and our robust American economy is alive and well. It's all Obama's fault. Change: when classicman admits that wacko extrmism created these problems. Extremists fear change. It's all Obama's fault. |
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When tw is on a roll, he's a fucking force of nature. :lol: |
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Getting back to AIG, they are changing their name to AIU. As if that will make a difference. At least some of those people at the top have agreed to give back their bonuses, except of course, the ones in LONDON, which is where the mess started to begin with. Why are WE paying bonuses to people in London? And why has SO MUCH of the money WE gave to AIG gone to foreign banks? Shouldn't foreign countries be bailing out their own banks?
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Allow me to sum up the last eight years:
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And it might just be that some of the best investments out there are banks. Does anyone believe all of the banks will fold? I don't. I see a lot of financial stocks that have been absolutely crushed to the point they are worth less than even their intrinsic value. I wouldn't mind buying a company stock that once reached $60 and is currently <$3. if it will recover even half of what it was then I'm a huge winner.
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It depends on what amount they're investing. 10% of their net worth? too much. 1% of their networth? no problem.
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Good point. I don't know what their details are. I just sounded risky because of the number of banks being taken over by the feds.
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Nobody knows where it will end but technically the feds aren't taking them over, they're buying shares. Hopefully they will sell the shares in the future and allow share price to move entirely with the demands of the market. Sometimes those flyers pay off.
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many of the assets are probably foreclosed homes. those have outstanding debt showing in the liability column which isn't shown there.
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Well there are a bunch of links to this bank news, I didn't go through more than a few. I posted it as an example of, I believe, the third bank in GA to be taken over.
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normally banks pulled in by FDIC are sold off to bigger better banks, but I think we'll have to wait for the dust to settle before that happens.
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