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#4101 Re: Guns N' Roses » First single is If The World? (theory) » 920 weeks ago
This is my least favorite song of all the leaks, so I would hope this isn't their first song. I fully believe Better is their best bet.
#4102 Re: The Garden » Bush Asks Congress for $700 Billion Bailout » 920 weeks ago
So I guess Obama's affiliation with Ayers and Wright (to name a few) is an exercise is extraordinary judgement. None the less, you didn't argue with the facts as to why we're in this crisis. The same policies enacted under Clinton that caused this crisis are the same policies Obama would continue, only with greater government control over private entities.
Paul nailed it on the earlier article. You can't call this a collapse of the free market when it was government intervention that created the problem. Banks shouldn't be forced to loan money to people that more than likely won't be able to repay their loans just because it makes liberals feel good inside.
#4103 Re: Management » New feature » 920 weeks ago
#4104 Re: The Garden » Bush Asks Congress for $700 Billion Bailout » 920 weeks ago
On MSNBC this week, Newsweek's Jonathan Alter tried to connect John McCain to the current financial disaster, saying: "If you remember the Keating Five scandal that (McCain) was a part of. ... He's really getting a free ride on the fact that he was in the middle of the last great financial scandal in our country."
McCain was "in the middle of" the Keating Five case in the sense that he was "exonerated." The lawyer for the Senate Ethics Committee wanted McCain removed from the investigation altogether, but, as The New York Times reported: "Sen. McCain was the only Republican embroiled in the affair, and Democrats on the panel would not release him."
So John McCain has been held hostage by both the Viet Cong and the Democrats.
Alter couldn't be expected to know that: As usual, he was lifting material directly from Kausfiles. What is unusual was that he was stealing a random thought sent in by Kausfiles' mother, who, the day before, had e-mailed: "It's time to bring up the Keating Five. Let McCain explain that scandal away."
The Senate Ethics Committee lawyer who investigated McCain already had explained that scandal away -- repeatedly. It was celebrated lawyer Robert Bennett, most famous for defending a certain horny hick president a few years ago.
In February this year, on Fox News' "Hannity and Colmes," Bennett said, for the eight billionth time:
"First, I should tell your listeners I'm a registered Democrat, so I'm not on (McCain's) side of a lot of issues. But I investigated John McCain for a year and a half, at least, when I was special counsel to the Senate Ethics Committee in the Keating Five. ... And if there is one thing I am absolutely confident of, it is John McCain is an honest man. I recommended to the Senate Ethics Committee that he be cut out of the case, that there was no evidence against him."
It's bad enough for Alter to be constantly ripping off Kausfiles. Now he's so devoid of his own ideas, he's ripping off the idle musings of Kausfiles' mother.
Even if McCain had been implicated in the Keating Five scandal -- and he wasn't -- that would still have absolutely nothing to do with the subprime mortgage crisis currently roiling the financial markets. This crisis was caused by political correctness being forced on the mortgage lending industry in the Clinton era.
Before the Democrats' affirmative action lending policies became an embarrassment, the Los Angeles Times reported that, starting in 1992, a majority-Democratic Congress "mandated that Fannie and Freddie increase their purchases of mortgages for low-income and medium-income borrowers. Operating under that requirement, Fannie Mae, in particular, has been aggressive and creative in stimulating minority gains."
Under Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton's secretary of Housing and Urban Development, Andrew Cuomo, investigated Fannie Mae for racial discrimination and proposed that 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low- to moderate-income borrowers by the year 2001.
Instead of looking at "outdated criteria," such as the mortgage applicant's credit history and ability to make a down payment, banks were encouraged to consider nontraditional measures of credit-worthiness, such as having a good jump shot or having a missing child named "Caylee."
Threatening lawsuits, Clinton's Federal Reserve demanded that banks treat welfare payments and unemployment benefits as valid income sources to qualify for a mortgage. That isn't a joke -- it's a fact.
When Democrats controlled both the executive and legislative branches, political correctness was given a veto over sound business practices.
In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times reporter Ron Brownstein hailed the Clinton administration's affirmative action lending policies as one of the "hidden success stories" of the Clinton administration, saying that "black and Latino homeownership has surged to the highest level ever recorded."
Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn't get out of their loans by selling their houses.
A decade later, the housing bubble burst and, as predicted, food-stamp-backed mortgages collapsed. Democrats set an affirmative action time-bomb and now it's gone off.
In Bush's first year in office, the White House chief economist, N. Gregory Mankiw, warned that the government's "implicit subsidy" of Fannie Mae and Freddie Mac, combined with loans to unqualified borrowers, was creating a huge risk for the entire financial system.
Rep. Barney Frank denounced Mankiw, saying he had no "concern about housing." How dare you oppose suicidal loans to people who can't repay them! The New York Times reported that Fannie Mae and Freddie Mac were "under heavy assault by the Republicans," but these entities still had "important political allies" in the Democrats.
Now, at a cost of hundreds of billions of dollars, middle-class taxpayers are going to be forced to bail out the Democrats' two most important constituent groups: rich Wall Street bankers and welfare recipients.
Political correctness had already ruined education, sports, science and entertainment. But it took a Democratic president with a Democratic congress for political correctness to wreck the financial industry.
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Now before you denounce the author, try to denounce the facts.
#4105 Re: The Garden » My Electoral College prediction » 920 weeks ago
Actually, I read up on this. The 12th amendment addresses such an issue. In the event that no candidate gets 270 votes, the House determines the President and the Senate the Vice-President. However, in the House, each state only gets one vote and 2/3 of the states representatives need to be present for that state's vote to count. So California and New York would have the same say as Wyoming and Alaska. Presuming the members of each state voted for whom their state voted for, McCain would be the clear victor as he will win more states than Obama.
The Senate votes on the VP, but every Senator's vote counts. To win, they need over 50% of teh votes or 51. There is debate as to wether the VP can cast the deciding vote over a tie, so in the off chance that would happen, the Supreme Court would have to decide if Cheney can cast the tie breaker.
And to answer your question, the other state is Nebraska. Both states give 2 electoral votes for the popular winner, and their remaining votes (2 for Maine, 3 for Nebraska) based on the popular vote in each Congressional district.
#4106 Re: The Garden » My Electoral College prediction » 920 weeks ago
http://www.realclearpolitics.com/epolls … -4-2-3-1-3
That is my current prediction of how the election will turn out. For months I thought Ohio would be the key state, but the more and more I look at the numbers, I'm giving that status to Pennsylvania. I just don't see Obama taking Ohio at this point.
I know that two states divide their electoral ( I forget which), so that may prevent the 269 scenario I see as a real possibility now. If I knew what states have that, it would help determine the numbers. Although if this is decided for either candidate because one state gives their electorals proportionally, I can see a big out cry. Though forcing proportional electorals around the board would hurt democrats since roughly 40% of the electorals in CA and NY would goto Republicans which would drastically cut Dems numbers.
#4107 Re: The Garden » My Electoral College prediction » 920 weeks ago
Two things, I think you meant to click New Hampshire for McCain, not Vermont. Secondly, I have not seen anything suggesting McCain is viable in Jersey, however McCain has been up for a while in Nevada. With that scenario, that puts us at the 269-269 I was talking about in another thread. I still argue McCain has a very good chance of taking PA, escpecially since the NRA is rolling out 40 million in ads against Obama and the people in the majority of PA are very pro-gun.
#4108 Re: The Garden » Wisconsin liberals trying to rig election » 920 weeks ago
I think it makes sense that if one is a citizen and has resided in the country for a set amount of years (say 35+) than that person should be able to run. Just because someone isn't born on American Soil doesn't make them any less of a citizen perse. But my concern would be if anyone could run once they become citizens, the country would have a flux of immigrants applying for citizenship solely to run for political offices. Since the Constitution requires someone to be 35 years of age to run for president, I think being a citizen for 35 years should count.
#4109 Re: The Garden » Wisconsin liberals trying to rig election » 920 weeks ago
Randall Flagg wrote:Although this opinion won't be popular, I have said for a long time that I don't believe every American who reaches the age of 18 should be a citizen, at least a "citizen" as is currently defined. I wholy support requiring people to serve in some capacity (peace corps type bullshit shouldn't count) of the public sector for an undefined time (maybe 2 years) to earn the right to be a citizen; ala Starship Troopers. I would also support a voting exam that at least tests the voter for the same expectations we expect out of nationalized citizens. A current events/civics portion would also help to weed out complete morons (read swing voters.)
I would go further than that. Voting, the legislative, judicial and executive should all be exclusive to a smaller group educated and trained in the arts deemed necessary. Open to all of course, present citizen or not. The benefits should be great to avoid corruption, and the penalties for engaging in it total.
Elections all over the world has turned into circuses where officials are elected on tricks and bravado. And we're in total chaos because of it.
I certainly don't want non-citizens capable of running our government. Our Constituion prevents any non-natural born citizen from running for starters, and I have no interest in people who have nothing to lose coming to America and changing our laws to fit what worked in their small and culturally cohesive European country.
In my perfect world though, we'd have one ruler; the good, philosopher King.
#4110 Re: The Garden » Wisconsin liberals trying to rig election » 920 weeks ago
If Gore was so concerned with making every vote count, why did he petition that only Democratic counties be re-counted? Why didn't he support the military ballots that were ignored.
