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Anatomy of a Train Wreck
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<blockquote data-quote="wkmac" data-source="post: 410025" data-attributes="member: 2189"><p>There is no doubt the "Ownership Society" concept played into this whole mess and the massive debt runup of the Bush adminstration also didn't help matters. However, the fact is there were actions in the 1990's that compounded this situation just as there were in the 80's under Reagan and yes even Carter had impact. One could argue IMO that Nixon killing Bretton-Woods and taking the dollar completely away from gold in 71' played some roll.</p><p></p><p>You could even go all the way back to 1934' and the creation of FHA is locating a starting point for what would come later.</p><p></p><p></p><p></p><p>Wanna discuss historical economic actions and fractional reserve banking policy surrounding this? NO? Oh that's right, no room to blame the republicans and make the democrats look good can ya. Well, the good news is the reverse factor is true as well so no room for either side to extoll it's snakeoil politics on the backs of the poor, trapped voter.</p><p></p><p>But all that said, let's say you are right and that the democrats are blameless here and this is all some nefarious republican nightmare caused in the last 7 plus years. If that were the case it wasn't to concealed because voices were speaking out about the trainwreck. Even a republican in Ron Paul (you know, that madcap village square idiot that ran for President) stood in the well of Congress in 2003' and warned of the coming "train wreck" and proposed legislation to try and stop it. (A good 2 years before McCain had his Damascus Rd. experience) So it was enough for Ron to see so it would seem to me that the good democrats minding the store would see it as well. Their response?</p><p></p><p>Geez Dude, look at all the video from 2005' alone where democrat after democrat including leaders like Barney Frank and Chris Dodd who openly and postiively proclaimed <strong><u>there was nothing wrong in the mortgage lending marketplace and no action by Congress was needed.</u></strong> Everything was hunky dory. In fact, they attacked the regulator who was warning a train wreck was coming. Now granted, repubs. owned the WH, Congress and SCOTUS at the time so to parade themselves as a party now as some Paul Revere is IMO totally dishonest but the fact is the democrat party not only sat on their own hands but went so far as to proclaim in loud voice, "LET THE GOOD TIMES ROLL!" <span style="font-size: 9px">RIP Ray Charles.</span></p><p></p><p>I'm just as fed up and totally disgusted with the republican party and what they've done to this country but I'm not stupid enough to buy the type of snakeoil democrats are selling either in place of the republicans. The 2 parties that run American politics <span style="font-size: 15px"><span style="font-size: 10px">have</span> <u><strong>"BOTH"</strong></u> gotten us where we are today. If one has led the charge then the other has sat back complacent to milk it for political power and to ensure their own electability come the next election at the hand of a blinded and fooled public. </span></p><p></p><p><span style="font-size: 10px">And we also need to blame in very loud voice the Main Street Media (MSM) who have been nothing but a voice for the liars in charge instead of a barbarian at the gate. Hard to tell the truth, lose your access and thus effect your share price to the holding company that owns you because of falling ad revenue because the other media conglomerate lied and has access 24/7 to the Washingtonian versions of Britney Spears and Paris Hilton that we otherwise call elected officials.</span></p><p></p><p><span style="font-size: 10px">What I find even more amazing these days is watching the democrats parade the importance of the Constitution when for so many years they trampled all over it and even publically demonized it. I don't even remember how many committee reports I read back in the 80's where Sen. Kennedy would openly berate someone in the Congress when they mentioned clear Constitutional prohibitions against certain actions of Congress but now that the shoe is on the other foot, he and his ilk have become rabid Constitutionalist. Reminds me of the avowed, committed atheist who upon realizing his impending death makes a miraclious conversion to Jesus. I call that a "convience conversion" just to hedge his bets. Let the democrats back in total power again and they'll leave the constitution as fast as the republicans left the ideals of fiscal responsibility and limited gov't. </span></p><p></p><p>Sorry pal, but trying to tell me that old whore that's slept with everyone has somehow become a pure virgin just won't work with me. That 8itch is a pure skank to the bone and she'll spread those legs for anyone at the end of the day! Ask ATT and the support they got over FISA immunity.</p><p></p><p>To the Group,</p><p></p><p>In other threads I commented watching Sen. Chuck Schulmer (another constitutional trampler who claims to have found Jesus) explain when he heard the grim news about our economic mess that he, (in his own words) "gulped!" I often wondered just what it was that had such a huge impact and now thanks to one brave Congressman who recently took to the Congressional well, <strong>maybe</strong> we have a hint.</p><p></p><p>[MEDIA=youtube]gnbNm6hoBXc[/MEDIA]</p><p>Fear Mongering exposed by Mr. Sherman on CSPAN</p><p></p><p>I also pointed this out in another thread and one might suggest a connection to what Congressman Sherman was saying.</p><p></p><p><a href="http://www.armytimes.com/news/2008/09/army_homeland_090708w/" target="_blank"><span style="color: red"><strong>http://www.armytimes.com/news/2008/09/army_homeland_090708w/</strong></span></a></p><p></p><p>Why aren't the good Donkey crowd here alerting everyone to the overblown fear tactics being used by Bush in all this mess?</p><p></p><p>Answer: They're to busy riding their donkey and following the big elephant in front down the same ole' dead end road that terminates over the edge of a very high cliff!</p></blockquote><p></p>
[QUOTE="wkmac, post: 410025, member: 2189"] There is no doubt the "Ownership Society" concept played into this whole mess and the massive debt runup of the Bush adminstration also didn't help matters. However, the fact is there were actions in the 1990's that compounded this situation just as there were in the 80's under Reagan and yes even Carter had impact. One could argue IMO that Nixon killing Bretton-Woods and taking the dollar completely away from gold in 71' played some roll. You could even go all the way back to 1934' and the creation of FHA is locating a starting point for what would come later. Wanna discuss historical economic actions and fractional reserve banking policy surrounding this? NO? Oh that's right, no room to blame the republicans and make the democrats look good can ya. Well, the good news is the reverse factor is true as well so no room for either side to extoll it's snakeoil politics on the backs of the poor, trapped voter. But all that said, let's say you are right and that the democrats are blameless here and this is all some nefarious republican nightmare caused in the last 7 plus years. If that were the case it wasn't to concealed because voices were speaking out about the trainwreck. Even a republican in Ron Paul (you know, that madcap village square idiot that ran for President) stood in the well of Congress in 2003' and warned of the coming "train wreck" and proposed legislation to try and stop it. (A good 2 years before McCain had his Damascus Rd. experience) So it was enough for Ron to see so it would seem to me that the good democrats minding the store would see it as well. Their response? Geez Dude, look at all the video from 2005' alone where democrat after democrat including leaders like Barney Frank and Chris Dodd who openly and postiively proclaimed [B][U]there was nothing wrong in the mortgage lending marketplace and no action by Congress was needed.[/U][/B] Everything was hunky dory. In fact, they attacked the regulator who was warning a train wreck was coming. Now granted, repubs. owned the WH, Congress and SCOTUS at the time so to parade themselves as a party now as some Paul Revere is IMO totally dishonest but the fact is the democrat party not only sat on their own hands but went so far as to proclaim in loud voice, "LET THE GOOD TIMES ROLL!" [SIZE=1]RIP Ray Charles.[/SIZE] I'm just as fed up and totally disgusted with the republican party and what they've done to this country but I'm not stupid enough to buy the type of snakeoil democrats are selling either in place of the republicans. The 2 parties that run American politics [SIZE=4][SIZE=2]have[/SIZE] [U][B]"BOTH"[/B][/U] gotten us where we are today. If one has led the charge then the other has sat back complacent to milk it for political power and to ensure their own electability come the next election at the hand of a blinded and fooled public. [/SIZE] [SIZE=2]And we also need to blame in very loud voice the Main Street Media (MSM) who have been nothing but a voice for the liars in charge instead of a barbarian at the gate. Hard to tell the truth, lose your access and thus effect your share price to the holding company that owns you because of falling ad revenue because the other media conglomerate lied and has access 24/7 to the Washingtonian versions of Britney Spears and Paris Hilton that we otherwise call elected officials.[/SIZE] [SIZE=2]What I find even more amazing these days is watching the democrats parade the importance of the Constitution when for so many years they trampled all over it and even publically demonized it. I don't even remember how many committee reports I read back in the 80's where Sen. Kennedy would openly berate someone in the Congress when they mentioned clear Constitutional prohibitions against certain actions of Congress but now that the shoe is on the other foot, he and his ilk have become rabid Constitutionalist. Reminds me of the avowed, committed atheist who upon realizing his impending death makes a miraclious conversion to Jesus. I call that a "convience conversion" just to hedge his bets. Let the democrats back in total power again and they'll leave the constitution as fast as the republicans left the ideals of fiscal responsibility and limited gov't. [/SIZE] Sorry pal, but trying to tell me that old whore that's slept with everyone has somehow become a pure virgin just won't work with me. That 8itch is a pure skank to the bone and she'll spread those legs for anyone at the end of the day! Ask ATT and the support they got over FISA immunity. To the Group, In other threads I commented watching Sen. Chuck Schulmer (another constitutional trampler who claims to have found Jesus) explain when he heard the grim news about our economic mess that he, (in his own words) "gulped!" I often wondered just what it was that had such a huge impact and now thanks to one brave Congressman who recently took to the Congressional well, [B]maybe[/B] we have a hint. [MEDIA=youtube]gnbNm6hoBXc[/MEDIA] Fear Mongering exposed by Mr. Sherman on CSPAN I also pointed this out in another thread and one might suggest a connection to what Congressman Sherman was saying. [URL='http://www.armytimes.com/news/2008/09/army_homeland_090708w/'][COLOR=red][B]http://www.armytimes.com/news/2008/09/army_homeland_090708w/[/B][/COLOR][/URL] Why aren't the good Donkey crowd here alerting everyone to the overblown fear tactics being used by Bush in all this mess? Answer: They're to busy riding their donkey and following the big elephant in front down the same ole' dead end road that terminates over the edge of a very high cliff! [/QUOTE]
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