BS: A Small Start But Significant, US Election

Subject: RE: BS: A Small Start But Significant, US Election
From: Donuel
Date: 09 Nov 09 - 06:52 PM

The advertising/lobbying firm of Dick Army coined the term tea baggers. Glen Beck was chosen to promote it and the 9 12 rally for 4 months. Barbara Bachman was the latest to go on FOX and plead for another tea bagger rally. When 6 Republican congress p[eople showed up they missed a vote to radicalize the Patriot Act again. As luck would have it the bill lost by 5 votes.

I guess it is not to be taken litterally.

I have yet to see people dress like Indians and dump high tariff goods into the water at any of of our container shipping ports.






btw over half of our container shipping ports are fun by United Arab Republic corporations since the big sale during the Bush administration.

Subject: RE: BS: A Small Start But Significant, US Election
From: Little Hawk
Date: 09 Nov 09 - 06:59 PM

Jack, what mostly created our present financial mess is that the major banks were allowed to create a vast bubble of "magic" money out of thin air by making a tremendous number of high risk loans (so they could collect interest and get richer). Enough of those loans eventually defaulted that the whole system began to collapse, and the government stepped in to bail out the criminals who caused that! I suggest you read this book about how banks create money out of thin air to enrich themselves: "The Creature from Jeckyl Island"

It will make quite clear why we have these "boom and bust" scenarios over and over again and why the dollar is worth less and less with every passing year.

Subject: RE: BS: A Small Start But Significant, US Election
From: Amos
Date: 09 Nov 09 - 07:13 PM

The repeal of the Glass Steagal act was a major contributor, removing the glass wall between banking and investing. It enabled banks to make those rotten investment bundles out of their rotten mortgages instead of having to be responsible for their own lending practices.

The use of excessively liberal multipliers that banks were allowed to lend compared to the assets they actually have on hand, which is the core behind the magic creation of money in our credit system, is the other big foolishness. Both of these are invented by Hamiltonian-style Republicans in the badly mistaken belief they were being "friendly" to business, while actually building the seeds of depression into the economy.

A

Subject: RE: BS: A Small Start But Significant, US Election
From: dick greenhaus
Date: 10 Nov 09 - 06:06 PM

I remember when "normalcy" was used as a prime example of Harding's lack of education. He also used "generalcy" when referring to commanding officers in the Army.

Subject: RE: BS: A Small Start But Significant, US Election
From: Little Hawk
Date: 10 Nov 09 - 06:15 PM

Too bad George W. Bush wasn't around back then. They could have run as a team.

Subject: RE: BS: A Small Start But Significant, US Election
From: kendall
Date: 11 Nov 09 - 08:36 AM

LH, right again. Freedom my ass! We are in Iraq to protect our oil supply. The fact that all those Muslims are standing on our oil is just too damn bad for them.

Subject: RE: BS: A Small Start But Significant, US Election
From: Little Hawk
Date: 11 Nov 09 - 10:36 AM

That's it, Kendall.