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Ignorant Illiterati

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So.... in the last 7 years the "ultra conservative Fringe right" has essentially been in control of all 3 branches of government.

The federal deficit has increased to a high never dreamed of a few years ago!!!

Gas prices have more than doubled!!!

Housing markets have collapsed across the country!!!

the EPA has been gutted!!!!!

Our food safety is at an all time low!!!!!


4000+ young americans are dead in a war that was a lie based on the need for greed rather than sound intelligence.

Hundreds of billions of dollars have been wasted or disappeared from the US Treasury with literally no oversite!!!!!!

And still the illiterate fringe right is blabbering how its all the liberals fault.....:S:S:S:S:S:S:S:S:S

WHAT THE FUCK ARE YOU PEOPLE SMOKING...... I dont want any!!!!!!!!!

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So.... in the last 7 years the "ultra conservative Fringe right" has essentially been in control of all 3 branches of government.

The federal deficit has increased to a high never dreamed of a few years ago!!!

Gas prices have more than doubled!!!

Housing markets have collapsed across the country!!!

the EPA has been gutted!!!!!

Our food safety is at an all time low!!!!!


4000+ young americans are dead in a war that was a lie based on the need for greed rather than sound intelligence.

Hundreds of billions of dollars have been wasted or disappeared from the US Treasury with literally no oversite!!!!!!

And still the illiterate fringe right is blabbering how its all the liberals fault.....:S:S:S:S:S:S:S:S:S

WHAT THE FUCK ARE YOU PEOPLE SMOKING...... I dont want any!!!!!!!!!

My vote goes to DeVoll. Did I spell his name right?:S OK. Off to to the Comedy Stop I go. Did you hear about the guy?Goes to a doc. Doc says " You have to quit masturbating". "Guy says, WHY?." Doc says "I'm TRYING to examine you.";)
I hold it true, whate'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost
Than never to have loved at all.

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On the plus side, fear is at an all-time high. Well, at least Americans have something to be passionate about.

I was chatting with the midwife who helped us deliver our two daughters. She was recounting a story from the previous week about her conversation with a nurse that was about to have a baby (with a traditional hospital birth). The nurse was a first-time mother, who knew nothing about breast-feeding, had no idea what options were available for child-birth (circumcision, inoculations, etc). She didn't have "time" for any classes in these matters, but she decided she should take at least one class in something to prepare for having a first baby.

What one class did she take? "How to prevent child abduction". Well, I guess the kid will probably get circumcised, injected with 8 vaccines and fed processed formula "food", but at least his chances of being kidnapped decrease from virtually zero to almost nothing, because mom took a class.

Fear. It does a nation good.
Trapped on the surface of a sphere. XKCD

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What one class did she take? "How to prevent child abduction". Well, I guess the kid will probably get circumcised, injected with 8 vaccines and fed processed formula "food", but at least his chances of being kidnapped decrease from virtually zero to almost nothing, because mom took a class.

Fear. It does a nation good.



Ok, maybe I'm not reading this how you meant it, but are you saying getting your child vaccinated is bad? :S

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Speaking of smoking...a few things...

- the democrats have control of both the house and senate
- which branch of government controls oil prices, exactly?
- which branch of government forced idiots to buy homes they couldn't afford, exactly?

Those, among many others, cross my mind.
Vinny the Anvil
Post Traumatic Didn't Make The Lakers Syndrome is REAL
JACKASS POWER!!!!!!

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my uneducated guess is, that - on a worldwide scale - governments are not run by elected politicians but by multinational corporations, acting via their lobbying agents.
for i am not a u.s. citizen my few is certainly biased but i think the financial support presidential candidates get from various companies adds to this problem - sooner or later they have to serve their supporters. editto add: no matter if they are republican or democrat, which in european eyes doesn't make any difference as long as the general politcal climate in the u.s. is dominated by paranoia

and for the stuff people are smoking: try the alternative, get yourself some nice hawaian shrooooms and everything will be nice, full of unseen colors. at least for the next 5 hours :)


did i forget something? yes! BOOOOOOBIES!

The universal aptitude for ineptitude makes any human accomplishment an incredible miracle

dudeist skydiver # 666

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Speaking of smoking...a few things...

- which branch of government forced idiots to buy homes they couldn't afford, exactly?



No one forced anyone to buy these houses but the government does control the regulation of the mortgages which were used to buy them. Weak regulation led to mortgage companies/advisors lending to the maximum of their ability rather than in the customer's best interests. In the UK the government strengthened the Financial Services Authority which then enforced stronger rules on how mortgages are sold. I would therefore say that the US government by not enforcing or creating a suitable regulatory framework is therefore to blame for the meltdown in the US housing market.

Having a free market is a great thing but when it is abused with the protaganists being unwilling to do anything about it then the government has an obligation to step in.

I've just seen this on the BBC website http://news.bbc.co.uk/1/hi/business/7522160.stm inparticular this part The bill would set up the first national licensing system for mortgage brokers and other loan officers.

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Speaking of smoking...a few things...

- the democrats have control of both the house and senate
- which branch of government controls oil prices, exactly?
- which branch of government forced idiots to buy homes they couldn't afford, exactly?

Those, among many others, cross my mind.



psssst, she was on a roll, don't interupt her angst!

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Speaking of smoking...a few things...

- the democrats have control of both the house and senate
- which branch of government controls oil prices, exactly?
- which branch of government forced idiots to buy homes they couldn't afford, exactly?

Those, among many others, cross my mind.



Dude, quit bogarting it. Put it down and step away from the product!

Ok, I can answer the first one. The Democrats hold a simple majority, the simplest possible in the Senate as evidenced by the susceptibility to stagnation due (in part) to 73 (record number) of Republican filibusters.

Ok now you're going to have to help me on those last two:D

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No one forced anyone to buy these houses but the government does control the regulation of the mortgages which were used to buy them. Weak regulation led to mortgage companies/advisors lending to the maximum of their ability rather than in the customer's best interests. In the UK the government strengthened the Financial Services Authority which then enforced stronger rules on how mortgages are sold. I would therefore say that the US government by not enforcing or creating a suitable regulatory framework is therefore to blame for the meltdown in the US housing market.

Having a free market is a great thing but when it is abused with the protaganists being unwilling to do anything about it then the government has an obligation to step in.

I've just seen this on the BBC website http://news.bbc.co.uk/1/hi/business/7522160.stm inparticular this part The bill would set up the first national licensing system for mortgage brokers and other loan officers.



Good post.:D

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Speaking of smoking...a few things...

- the democrats have control of both the house and senate
- which branch of government controls oil prices, exactly?
- which branch of government forced idiots to buy homes they couldn't afford, exactly?

Those, among many others, cross my mind.



Now, now...don't remind them of personal responsibility...Billy Bob and Bobby Sue deserved that 4000sq ft house in Belle Meade area of Nashville at $750,000 while on a $32,000 annual income.

What's funny about all this sh*t is that the experts in the economy were never advocating the types of sub-prime loans that are causing the current hic-cup.

Oh, and who can name the Democrat Senator from New York, whose remarks, were almost solely responsible for the run on IndyMac Bank (don't get me wrong, they needed to fail, I remember seeing their ads - no income verif, etc). Following the Senator's letter, there was an 11 day, $1.3B run on the bank. That's enough to cripple any institution.

How the country turns a blind eye to a public servant, causing a private sector collapse, is beyond me.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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Speaking of smoking...a few things...

- the democrats have control of both the house and senate
- which branch of government controls oil prices, exactly?
- which branch of government forced idiots to buy homes they couldn't afford, exactly?

Those, among many others, cross my mind.



Now, now...don't remind them of personal responsibility...Billy Bob and Bobby Sue deserved that 4000sq ft house in Belle Meade area of Nashville at $750,000 while on a $32,000 annual income.

What's funny about all this sh*t is that the experts in the economy were never advocating the types of sub-prime loans that are causing the current hic-cup.

Oh, and who can name the Democrat Senator from New York, whose remarks, were almost solely responsible for the run on IndyMac Bank (don't get me wrong, they needed to fail, I remember seeing their ads - no income verif, etc). Following the Senator's letter, there was an 11 day, $1.3B run on the bank. That's enough to cripple any institution.

How the country turns a blind eye to a public servant, causing a private sector collapse, is beyond me.



If, as you state, "they needed to fail", I don't see what you're griping about.

Not only did IndyMac do business like a cheap hamburger joint, they had a name to match.
...

The only sure way to survive a canopy collision is not to have one.

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Speaking of smoking...a few things...

- the democrats have control of both the house and senate
- which branch of government controls oil prices, exactly?
- which branch of government forced idiots to buy homes they couldn't afford, exactly?

Those, among many others, cross my mind.



Now, now...don't remind them of personal responsibility...Billy Bob and Bobby Sue deserved that 4000sq ft house in Belle Meade area of Nashville at $750,000 while on a $32,000 annual income.

What's funny about all this sh*t is that the experts in the economy were never advocating the types of sub-prime loans that are causing the current hic-cup.

Oh, and who can name the Democrat Senator from New York, whose remarks, were almost solely responsible for the run on IndyMac Bank (don't get me wrong, they needed to fail, I remember seeing their ads - no income verif, etc). Following the Senator's letter, there was an 11 day, $1.3B run on the bank. That's enough to cripple any institution.

How the country turns a blind eye to a public servant, causing a private sector collapse, is beyond me.



If, as you state, "they needed to fail", I don't see what you're griping about.



There is a difference between the market conditions determining the viability of a company, versus a direct political intervention, causing unheard of losses within that span of just over a week.

We saw similar circumstances with Bear Stearns, however theirs was a loss of market value, not a run on assets.

The difference between the two, is that the governmet stepped in with Bear Stearns when it shouldn't have, and Sen. Schumer ensured a self-fulfilling prophecy.

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Not only did IndyMac do business like a cheap hamburger joint, they had a name to match.



Indeed. Everytime I saw their name I thought of Mac-n-Cheese...

The business model was doomed to fail, it did not require Congress to overstep its bounds in an already heavily regulated business sector.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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How the country turns a blind eye to a public servant, causing a private sector collapse, is beyond me.



And if he kept his mouth shut and didn't point out the obvious hole in boat then you would blame him for neglecting his duties.



Congress is not a regulating body. Banks are regulated by The Comptroller of the Currency, The Federal Reserve Board, the FDIC and state regulators.

Senator Schumer has an oversight role. As such, his work should be to ensure proper regulation by the agencies already in place, not publicly release a letter to instill fear in the private sector.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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Speaking of smoking...a few things...

- the democrats have control of both the house and senate
- which branch of government controls oil prices, exactly?
- which branch of government forced idiots to buy homes they couldn't afford, exactly?

Those, among many others, cross my mind.



the dems have stiffled domestic oil production since the seventies, but of this one i have to give the blame to every congress since then, not just the dems, but i still blame the damn hippies.

it was also the dems who encouraged lending institutions to give loans to more people at the lower end of the socioeconomic ladder.

our problems have been a long time coming. the liberal chickens have come home to roost.


"Your scrotum is quite nice" - Skymama
www.kjandmegan.com

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Speaking of smoking...a few things...

- which branch of government forced idiots to buy homes they couldn't afford, exactly?



No one forced anyone to buy these houses but the government does control the regulation of the mortgages which were used to buy them. Weak regulation led to mortgage companies/advisors lending to the maximum of their ability rather than in the customer's best interests. In the UK the government strengthened the Financial Services Authority which then enforced stronger rules on how mortgages are sold. I would therefore say that the US government by not enforcing or creating a suitable regulatory framework is therefore to blame for the meltdown in the US housing market.

Having a free market is a great thing but when it is abused with the protaganists being unwilling to do anything about it then the government has an obligation to step in.

I've just seen this on the BBC website http://news.bbc.co.uk/1/hi/business/7522160.stm inparticular this part The bill would set up the first national licensing system for mortgage brokers and other loan officers.



Ant the UK housing market is in a great shape because of all the extra regulation, I don' think so, prices are falling just as fast over there, it is just a year or two behind like all economic change is.

I actually agree with you that lax regulation is partially to blame for the crisis we are in now, ut the main cause is greed, and that is just as bad in the UK as it is here in the USA, but don't come on with that holier than thou bullshit.

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which branch of government controls oil prices, exactly?



Which Branches of government brought on an unneded war.. to destabilize world oil markets..

Oh.. and what business did the highest members of your administration belong to before they came to power????

You can bullshit some illiterati into looking the other way some of the time Vinny.. but you cant get away with most people.

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