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Pipe_Dream 09-24-2008 10:51 AM

Quote:

Originally Posted by willy (Post 128910)
Sorry about your news Spare, hope things come around for your wife, she is in my prayers.
The rest of you fellows make good points and there is truth in all of it. But you are also doing what good men do when they discuss tough times, they bring it back on themselves.
We should save more, we should use less credit, all true.
But WE are not the problem.
When you guys get the chance I would like for you to go to Mark Levin . com and pull up a transcript of his radio show this past friday.

Spare, I hope and pray that things will improve for you and your family.

Willy, the website is
http://marklevinshow.com/

I don't hear his show in this area, but I've heard good things about him.

There should be an investigation into the mortgage meltdown, allright, and the target should be CONGRESS. They started the banks down this road, mandating that mortgage requirements be loosened so that ANYONE could get a mortgage, even those with no job. It's called the Community Reinvestment Act, and it was a boondoggle of epic proportions. Then they said to the banks, don't worry about these bad loans, we (via Fannie and Freddie) will buy them from you. Then F & F bundled them up and re-sold them as "mortgage securities," never mind that they were no good. It was Congressional regulation, not de-regulation, that is directly responsible for this. If you hear anyone claiming that de-regulation was the cause, look more closely because it's likely that the claimant is trying to cover his/her own culpability.

dmoore 09-24-2008 11:59 AM

mad?
 
Don't let it bother you too much.......there ain't a damn thing you or I can do about it...

I say go fishin and let her ride!!!!!!!!!!!!!!!

randlemanboater 09-24-2008 12:28 PM

Thats easy for you to say, you have TWO garages full of toys.

Seriously, I am ready to vote against ALL incumbants.....the new guys may not be any better, but they couldn't be much worse.

(I know its not good or possible to just do a wholesale change of everyone, I'm just spouting)

dmoore 09-24-2008 07:57 PM

Toys or no toys you make ur own luck in this world by making sound decisions and working hard to get what you want.

I had many prosperous years under Clinton but I don't give him an ounce of credit for it....

This economy, hell the world economy swings on a fine thread and is subject to unraval at any time......always position yourself accordingly for a soft landing....

Whatever the outcome somebody has a big f----- mess to deal with and I wish them the best of luck!

Got to go and check the fuel level in the toys I hear theres sum kindof cookout coming up?? D

dmoore 09-24-2008 09:54 PM

Spare, my best to you and your family....D

reelapeelin 09-25-2008 07:09 AM

Quote:

Originally Posted by randlemanboater (Post 128948)
Seriously, I am ready to vote against ALL incumbants.....the new guys may not be any better, but they couldn't be much worse.


Now yer gettin' the idea!!...never vote for the incumbent or the incumbent party...gotta keep 'em rotated!!...:bat:

bcmarinamanager 09-25-2008 07:16 AM

Quote:

Originally Posted by reelapeelin (Post 128986)
Now yer gettin' the idea!!...never vote for the incumbent or the incumbent party...gotta keep 'em rotated!!...:bat:

I second the motion!!

willy 09-25-2008 07:37 AM

Mac and whoever else needed it I posted the link directly to the show I was talking about on the previous page.
Also you are right on the money, this has nothing to do at all with deregulation, that is the suspects mantra right now along with the phrase we need to help wall street and main street.
You ever watch the shell game? well it is being played out right now in a massive way.

reelapeelin 09-26-2008 08:01 AM

Quote:

Originally Posted by willy (Post 128918)
http://marklevinshow.com/wp-content/...in09192008.mp3

If you can listen to this and fast forward thru commercials and you will
learn what happend and why


I just got thru listenini' to this...and thanks for sharing...it's a real eye-opener...


Only question I have is why in 31 years hasn't somebody DONE something about it?...he says Bush tried in '03 and cited other attempts, but if this regulation (intervention) has been the looming ogre (31 years is a long time) for all these many years, w/the noted attempts excepted, hasn't somebody stood up to Schumer and Todd and told us what the hell's goin' on here and stopped it?...it's because nobody in the system wants to rock the boat or take a stand...and that applies to both sides of the aisle...I watched Schumer the other day, blow over DeMint in a TV interview...unfortunately, DeMint looked like a deer in the headlights...the real problem is, he didn't find another way to get his message out and we haven't heard anymore from him...I liked what he said, but sometimes these guys have gotta draw a line in the sand and stand on it...

nipper 09-26-2008 08:06 AM

Mark Levin makes some OK points sometimes, but I can't stand listening to him because he just treats his callers like dirt.


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