Esther, that is just loonacy. BO may be a first rate idiot commie freak, but he was elected by the American voter. No funny business.
the dems only had to find a warm body. They actually did exactly that. an unqualified warm body.
but that is all they needed to do. This election was over 3 years ago.
That's where all of this goofy conspiracy stuff leads. Illogical conclusions that good people actually start to believe. It's sorta scary and dangerous in a way.
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In essentials, unity. In non-essentials, liberty. In all things, charity. Augustine
I just wanted to say that at the time I thought the bank bailout by GWB was a terrible mistake and I still think that.
I don't like bailing out greedy CEO's and bankers either Ferd, but you're saying you'd have preferred to see our banking system collapse? It's easy to disagree with things, but what other solutions did we have if you wanted your bank to continue to operate.
It's pretty clear to me, that in September of 2008, had the government not acted it would have been financial Armegeddon. Every bit as worse as 1929. Surely you think it was wise to avert that.
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In essentials, unity. In non-essentials, liberty. In all things, charity. Augustine
I don't like bailing out greedy CEO's and bankers either Ferd, but you're saying you'd have preferred to see our banking system collapse? It's easy to disagree with things, but what other solutions did we have if you wanted your bank to continue to operate.
It's pretty clear to me, that in September of 2008, had the government not acted it would have been financial Armegeddon. Every bit as worse as 1929. Surely you think it was wise to avert that.
I am not sure that what we did ended up being the right thing. in some ways we had to do some bailing out, but at the same time, i think more of these bad investment banks should have ceased to exist.
AIG should not be in operation right now. its holdings should have been broken up.
The guys running Goldman and these other operations should be on the street trying to avoid sleeping under cardboard boxes.
doing it the way we did it was not right...... and i blame GWB for that.
Obama has been no better.
__________________ If I do something stupid blame the Lortab!
I don’t believe that Barak is a Muslim any more than I believe he is a Christian. He is however an opportunist willing to use what ever faith will help him achieve his national aspirations.
If believing that tomatoes are god would further his agenda, you would hear him giving an eloquent homily extolling the virtues of the tomato.
The proof of this can be found in his 20 year membership in Jeremiah Wright’s radical church and in the ease with which he abandoned the man he claims help him find faith.
I do not put it past him to give a speech that delivers what ever message helps him achieve his goals. You can be sure that his goals have nothing to do with what most Americans think should be his goals.
I agree with this.
Quote:
He hates what America is. He hates what America has been for many years. He loves what America can be, if American can be bent into the form he seeks to bend it.
I think this is also pretty accurate......loves what America CAN be IF it is how he wants it. I believe that he believes he was chosen for this (by God and man).
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Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
I am not sure that what we did ended up being the right thing. in some ways we had to do some bailing out, but at the same time, i think more of these bad investment banks should have ceased to exist.
AIG should not be in operation right now. its holdings should have been broken up.
The guys running Goldman and these other operations should be on the street trying to avoid sleeping under cardboard boxes.
doing it the way we did it was not right...... and i blame GWB for that.
Obama has been no better.
I can find common ground with you there. The problem with this whole bailout deal is that due to the true severity of the crisis, they had to act very quickly just to keep the banking system functional. The problem with that is, there are mistakes made in the correct way to appropriate it.
Due to the speed of it all, there wasn't proper oversight or guidelines put in place. That's the reason Obama started talking tough to the banks who were hoarding and not lending back in October. Credit had started to flow but it didn't happen as quickly as it would have if there had been time to set the proper guidelines.
The speed that they had to deal with a real crisis has caused most of the problems, IMO.
AIG is such a complex monster mess that I'll leave it alone. I do agree that the holdings should have been broken up. Here again the crux is how do you orderly and systematically break up that large of an insurance conglomerate without directly affecting customers insurance. That's a HUGE task.
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In essentials, unity. In non-essentials, liberty. In all things, charity. Augustine
Esther, that is just loonacy. BO may be a first rate idiot commie freak, but he was elected by the American voter. No funny business.
the dems only had to find a warm body. They actually did exactly that. an unqualified warm body.
but that is all they needed to do. This election was over 3 years ago.
Just saying what I'm hearing.
Curious as to why you say the election was over 3 years ago?
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Happy moments, PRAISE GOD.
Difficult moments, SEEK GOD.
Quiet moments, WORSHIP GOD.
Painful moments, TRUST GOD.
Every moment, THANK GOD.
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Happy moments, PRAISE GOD.
Difficult moments, SEEK GOD.
Quiet moments, WORSHIP GOD.
Painful moments, TRUST GOD.
Every moment, THANK GOD.
Curious as to why you say the election was over 3 years ago?
Esther, no party has been able to retain the white house when the President's approval rating was below 50%.
As far back as 3 years ago, GWB's approval rating had sunk into the 30's.
First he was hated by the left, second those independant voters had soured on the Iraqi war and third conservatives had seen that he was not behaving (on spending and domestic policy)as one of them.
GWB's approval rating sunk to a point that there was simply going to be a back lash.
The left was ginned up and very motivated so they were able to easily get thier vote out. Many who rarely if ever vote, came out because of their hatred for GWB.
Conservatives were dispiritied so they either voted third party or displayed thier anger with "their team" by staying home.
Independants who typically vote for the most conservative candidate recognized that there were no conservatives to vote for so they either stayed home or voted the Repbulcans (both in presidential elections and in Congress) OUT.
It was a perfect storm. but it was a something we have seen before. It was a typical election cycle based on the approval ratings of the President.
It acutally started with the Dems taking back both houses 2 years before the election (3 years ago) and that happened for the same reasons above but also because the Republican in Congress also had a very low approval rating for the same exact resons that GWB had.
__________________ If I do something stupid blame the Lortab!
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