You could of just said the United Way, so yes that counts.
It’s nice to read something intelligent, rather than biased interperetations and finger pointing. 
:bowrofl: I can do financial history. Just don’t ask me how to build a better mousetrap.
I’ll build you a mousetrap that kills mice, makes frozen margaritas, and rubs your balls if you invest my money for me. Deal?
I’m not much for gallop… but the staggering difference in this one made me :eyebrow:
Just something I thought was interesting. I normally don’t care for the National Review.
Here’s a piece of his article:
“Eight years of ‘conservative’ government has brought us a doubled national debt, ruinous expansion of entitlement programs, bridges to nowhere, poster boy Jack Abramoff and an ill-premised, ill-waged war conducted by politicians of breathtaking arrogance. As a sideshow, it brought us a truly obscene attempt at federal intervention in the Terry Schiavo case,”
fixed.
You can’t fix a quote dumbass, and you can call them what ever you want they are still a part of your side of the isle.
:picard:
Hey thanks again for the name calling.
Get over it, you and the ‘right’ have called me anti-American, a socialist, terrorist sympathiser etc etc…
And since you throw so much garbage on this site be prepared to be called a few choice names. My symapthy for respect of the ‘right’ has officially run out due to this election.
I will have to check my posts to see when I called you any of those things.
I may have called you a Socialist(not sure) but, do you have a problem with that?
Seriously I thought you were based on your posts and your never ending devotion to Obama.
OMG. The LOANS were not the cause of this problem it was the fact they were rolled into securities and then AAA rated. Then the ability of institutional banks to function as investment banks magnified the problem.
No one would care if people were defaulting and banks were losing cash bc they would have been covered by their deposit base. The fact they were able to bundle and trade these mortgages is what caused the collapse.
Asking to have national health care does not make you automatically a socialist. And you have called him a communist which is a complete insult.
How is a supporter of Obama supposed to feel when you call the person they support a commie or terrorist sympathiser? In essence you are calling them a terrorist sympathiser, or a commie.
And I also said the ‘right’ as well not just you.
yeah, this thread sucks :tdown:
back to the name calling and bitching
Not entirely true Joe. Yes, mortgage backed securities accelerated the crash, but the underlying issue is foreclosures. The banks would still be happily trading these mortgages and mortgage backed securities had people not started defaulting when their gimmick loans caught up to them.
Here’s a scary thought we were just talking about at work.
Everyone’s talking about how McCain is a heartbeat away, ok fine, but lets be honest here… Obama is a redneck sniper bullet away. Then you’ve got Biden, who isn’t that much younger than McCain. He dies and our president would be…
Nancy Pelosi. :ohnoes:
I call ol Blue Eyes a dumbass and you think it changes the thread? He posts the dumbest stuff in this thread and others.
No one cares when some one makes fun of JEG when he posts something stupid.
The cause of the sudden crash was that there were SOME foreclosures, which resulted in the downgrading of the paper from AAA to near junk/junk. As a result they’re no longer able to trade the securities and are listed as 0’s on balance sheets creating HUGE liabilities. The majority of the debt out there is still good and will be a tremendous investment opportunity for American tax-payers since we’ll be purchasing them at huge discounts.
Three words:
Credit Default Swap
The CDS market, this market for credit default swaps that was created in 2000 by Phil Gramm’s Commodities Future Modernization Act, this is now a $62 trillion market, up from $900 billion in 2000. That’s like five times the size of the holdings in the NYSE. And it’s all speculation by Wall Street traders. It’s a classic bubble/Ponzi scheme.
That’s not even funny!(lol)
Does anyone defend that ignorant bitch anymore?
I think her own party hates her.
her condescending voice makes me want to punch people. Are her constituents really 5 years old?