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Recent Comments
- In The Mailbox: 02.28.23 (Afternoon Edition) : The Other McCain on Hey, longtime pw readers…
- In The Mailbox: 12.23.22 : The Other McCain on Patrick J. Carroll truly IS a sad, embittered psychopath
- Danger on Patrick J. Carroll might be a psychopath
- Danger on Patrick J. Carroll might be a psychopath
- In The Mailbox: 07.18.22 : The Other McCain on Patrick J. Carroll might be a psychopath
Countdown to NYT front-page story exposing Kevin Hassett as the father of Trig Palin. 3-2-1 . . . .
Damn. Those numbers in one place – even this late in the game – are going to take quite a memory hole.
O! has been in the game just a few years but he’s No. 1 on the FM/FM lobby teat?
It’s like they could see the future!
Or just had a plan.
I vote the latter.
Another Bloomberg article:
http://www.bloomberg.com/apps/news?pid=20601070&sid=alfUj1r0Z10o&refer=politics
O! is #2, but he’s had far less time to climb that greasy pole than #1, Dodd.
O/T:
Huge fucking McCain/Palin rally in Media, PA starting right now. Live video.
“Comment by mojo on 9/22 @ 3:26 pm ”
Mojo,
Kevin Hassett was the director of economic policies studies at American enterprise institute before he joined McMav’s camp.
Al Hunt has always been a demonstrated left wing shill…
“Huge fucking McCain/Palin rally in Media, PA starting right now. Live video.”
Maybe I am one sick person but I expected to see something else.
Those are some first-rate special effects that they’re using on Palin, by the way.
Wowsers. McCain is taking it to O!. And he has some left over for the proposed solution.
Still missing the mark on what the “root cause” is. It’s called corruption, Mav.
Look it up.
This is an outcome that was unavoidable because of the regulatory framework was held together by corruption. Over decades.
Indeed. Calling O! “Missing in Action” on the crisis. More like AWOL, I’d say.
From Greenspan testimony before House Financial Services Feb 17, 2005
[Hassett’s quote use in italics]:
in Jacksonville, FL, Obama had 13,000 chanting “YES WE CAN!”
“It all begins and ends on the street.” Celine
Back to fishing.
A couple of days after McCain attracted 3,000
Still not your daddy, thor.
Call him.
Don’t you have some live baby birds to smash underfoot or something, thor?
“in Jacksonville, FL, Obama had 13,000 chanting “YES WE CAN!â€Â
What, destroy the country?
To be fair, that is an opinion piece in Bloomberg and not a news piece. As others have noted elsewhere, this can’t really be placed at the feet of just the Democrats or just the Republicans. There’s plenty of blame to go around, though it is interesting to read in some quarters that if Fannie Mae and Freddie Mac work it is evidence of the need for greater government involvement in capital markets, while if they fail spectacularly it is evidence of the need for greater government involvement in capital markets. Heads they win, tails we lose.
Oh, and I’ll note that John McCain keeps making it harder and harder to vote for him every time he opens his mouth on this topic. Fire Cox? Hire Cuomo? Good God.
McCain is a bona fide nightmare chas, you are right. Obama, so much worse, is the only reason I’d pull the lever for JMac. I’ll be dead stoned drunk that day.
“this can’t really be placed at the feet of just the Democrats”
Sure it can. Just ask Scooter Libby how it’s done. Or A Gonzales, C. Thomas and R. Bork.
If McCain can’t find it in himself to call the problem corruption as the natural outgrowth of interfering in capital markets for political purposes, maybe he’s as wrong for the job as Obama is.
The progs have had since 1964 to make the black man equal to the white. Is anyone here old enough to have walked the street of Harlem in 1955? 1965? 1975? The Federal government identified race as a factor negatively influencing home lending to a level requiring intervention beginning in the 1970’s. Bill Clinton was celebrated for having the greatest economy we ever enjoyed right up until the dot coms went tits up in time for Al Gore to run for president. But we watched single family homes go from 25K to 400K in California and elsewhere and pretended that that was normal…
We fucked up. And we NEVER trusted them… but we still fucked up. Now we pay.
If McCain keeps this up, I’ll stay home and drink sody pop. I hung up the Team Budweiser Jacket a decade ago; I think what’s coming is going to make the worst hangover I can sorta recall seem like mercy.
Jeez, Tmj. Phil Gramm is a for real McCain advisor. That counts a lot. It really does. Definitely it counts more than some things which really don’t count for that much.
Maybe I’ll just write in Sarah Palin.
From a completely different direction –
The Dems don’t have to talk about the war now.
They should be happy campers, but they aren’t…
I don’t watch much news vid anymore but it strikes me that the pols I’ve seen since Friday have been pretty damn subdued. Even a bit green about the gills. Anybody else?
Oh, and I want Charlie Rangel to get his own channel. Purely for the “Man, my life sucks but at least I’m not him” value. It would be funny but for the fact he’s had a major hand in destroying my retirement.
Andrew Cuomo LOST more money as Secretary of HUD than some smaller states spend as an annual budget.
And he wasn’t even audited.
I’m fucking desperately tired of being bungholed is all. Until there is a scintilla of accountability – and I’m not talking hanging people from lamp posts, I’m talking about putting forward people who have even a clue about business or profit when looking to solve a problem, and maybe canning the people that have failed.
There is no expectation of success in ANY government program… beyond seeing the program’s dutch uncle(s) get reelected. It’s not a culture, it’s its own goddamned civilization; it manifests itself in series like Seinfeld on TV, or kid’s sports leagues where points aren’t recorded. It’s a great bleeding, rotten, steaming, pile of shit LIE. And we’ve always known it, but enough of us went along.
He may not be interested in consequences, our Mr. Post Modern Man. But I’ve got a telegram here, and Mr. History will be in your living room at five a.m. tomorrow. He’s bringing friends. They are stopping at your BANK, your EMPLOYER, and your HOSPITAL on their way to see you.
*checks*. Yep. I hate Mondays.
I once commented to a friend that socialists are the most depraved lot in human existence. They will burn down an entire nation and then claim from within the ruins that a new reign of socialism will rebuild the nation.
It’s almost as if the entire world needs to be destroyed before they will “get” what they are doing wrong. Therefore it is a religion. They are blind to the issue.
It is amazing because it is so incredibly easy to understand why socialism will fail time after time and yet they continue to desire it. I suppose we are in for a new round of socialism. A bigger and better socialism. Hell, Marx is probably beaming at us all from hell.
Although I could be looking at this from a mere “here and now” perspective. There have been boom and bust cycles before with and without government intervention. I wonder if there is an similar event in history to correspond with this event?
We never did get that fucking omelet, did we, RoA?
– Newt says we’re heading for a long drawn out disaster instead of a fast kick in the ass, and getting things back to some stability.
– The Dems set this whole pile of shit up with their “compassionate” home ownership crap from the Clintons years.
– If you just ste4p back, set aside the effects the Dems always cause when they start handing out money for votes, something I think should have been outlawed a long fucking time ago, with the 2.5 trillion that some think this boondoogle will cost eventually, they could have just bought the damned houses and handed them out and saved money.
– At least that way the effects could have been planned for and the 10K per person of added national debt could just be accepted, and we could move the fuck on.
– Bush and the gov. is out of control, and the Dems are just sitting their keeping the fuse lit with their refusal to allow meaningful drilling.
– Best guess is we’re already maybe three meals away from a civil war, and when this doesn’t work we may be only one meal away.
– You’re watching a political party, running on the basis of the means justifies, destroy a country for want of power.
– Maybe the worst thing we could do to them for their treachery is to give it to them. Four years of Nancy Pelosi type government, and the Dems will be lucky if they see any real power again in 50 years, provided we’d survive at all as a nation.
…and of course that should be “ends justifies”…
“……..provided we’d survive at all as a nation.”
But then BBH, that is the whole issue, isn’t it?
“If McCain can’t find it in himself to call the problem corruption as the natural outgrowth of interfering in capital markets for political purposes, maybe he’s as wrong for the job as Obama is.”
My take is this is a tactical move. Right now the Congressional Dems are needed to pass the Paulson proposal. All they need is any excuse, like little kids, to start whining and complaining and the deal will get stalled.
McCain holds fire for a week or so. If they haven’t passed it by then, then they are the ones obstructing and “playing politics” with the nations economy. Then you can jump on them for that. After it passes then go on the warpath over the corruption.
Andrew Cuomo is just a rock thrown in the far corner to distract the enemy from your real move.
Oh, and I want Charlie Rangel to get his own channel. Purely for the “Man, my life sucks but at least I’m not him†value. It would be funny but for the fact he’s had a major hand in destroying my retirement.
My financial adviser acquaintance suggested yesterday I move my money to short term US treasury bonds.
I asked if that was smart, the way the government was in a 700 billion hole.
He said, “if the government fails, we’re really screwed. I’m talking about reducing loss, you probably won’t escape it.”
“Now,” he said, “I’ve told you twice.” and gave a little shrug of his shoulders.
I moved 30% of my portfolio(think 401k) to treasury bonds today.
So many things that could happen depending on…
What kind of bill comes out of Congress? A clean one or is it loaded up with pork and giveaways?
Who wins the election? McCain or Obama? Will Congress flip or stay Democrat controlled?
Best case. McCain wins. The bill is clean, Republicans take back Congress. Taxes lowered, less regulation. Pork beaten back so Fed budget smaller. Economy booms. Properties the Fed bought worth more and sold at profit.
Life goes on.
Worse case. Obama wins. Bill is pork ridden. Democrats control Congress. Taxes up, regulation up. Economy way down. Property the Fed bought either worthless or given away to the deadbeats who didn’t pay in the first place.
In this case Treasury bills will be like the Zimbabwean dollar, good for wiping your ass and cheaper than toilet paper. But that would not matter as just surviving would be paramount. Life, welcome to the third world.
Jeffersonian,
My sincerest apologies – it appears that no one ever got the omelet.
Sincerely Sincere,
RoA
An interesting solution.
BZZZT