elections soon

[tartuffe]

Originally Posted by awthacker

I think some of you "right-wingers" should reflect on the contents of this and some of the other related threads. To preface, I consider myself conservative. I voted for Santorum, and will vote for romney in the general.

Posting long-winded threats about what Obama is going to do if elected makes you sound like a kook. Why not discuss what has and hasn't been done in the last three years.

Making bigoted remarks about Obama supporters removes all your credibilty.

If you make these posts just to let off steam, just know that it damages others opinion of you. If you really wanna convince people or change minds in these internet discussions, try being a little more persuasive.

I'm not referring to every post in this thread, but I was very discouraged after reading it. Be a positive influence; not a hateful fear-monger.

I agree and well said, if you dislike our snide-arse President as I do we need to be much more eloquent in our hatred. Lets not alienate those we need in order to win the vote and save this country.

OK OK I've been drinkin and I post in jest, but to get back to the subject of what this fella has done over the last three years: too much to type but I'll start it off;

For a few measly millions, Wall Street not only bought itself a president, but got the start-up firm of B. H. Obama & Co. LLC to throw a cabinet into the deal, too ***8212; With unemployment still topping 9 percent, the catastatic world economy teetering on the brink of another, even larger financial catastrophe, and trillion-dollar U.S. deficits as far as the green-shaded eye can see, let***8217;s hear it for Obama***8217;s first National Economic Council director, Lawrence Summers (of hedge-fund giant D. E. Shaw and venture-capital firm Andeersen Horowitz), who has had some nice paydays courtesy of Lehman Bros., JPMorgan Chase, and Citigroup. Let***8217;s hear it for Citigroup***8217;s Michael Froman, deputy assistant to the president and deputy national-security adviser for international economic affairs, for Hartford Financial***8217;s Neal Wolin, deputy Treasury secretary, for JPMorgan***8217;s William Daley, Obama***8217;s chief of staff, and for his predecessor, Rahm Emanuel of Wasserstein Perella. Let***8217;s hear it for Fannie Mae***8217;s Tom Donilon, national-security adviser. (No, seriously: One of the luminous interstellar geniuses who brought Fannie Mae to its current aphotic state of affairs, upside down to the tune of trillions of dollars, is running national security, and the former director of the White House Military Office, Louis Caldera, was on the board of IndyMac when it finally went toes up ***8212; sleep tight, America!) And, lest we forget, let***8217;s have three big, sloppy cheers for economic-transition team leaders Robert Rubin (Goldman Sachs, Citigroup) and folksy tax enthusiast/ghoulish billionaire vulture Warren Buffett.

These are the same guys whose financial institutions manipulated home buyers into buying homes they had no business buying because they could do it using FDIC insured loans. They then bundled these loans and literally bought the triple A ratings on mortgage backed securities and sold them. Then they continued to make money on these fraudulent loans betting on their demise.

When did it begin??? When Clinton told America that every American deserves a home.


March 1995 ***8211; Less than 2 months after becoming Secretary of the Treasury, Rubin asked Congress to repeal the Glass-Steagall Act and to change the Bank Holding Company Act of 1956. (Regulation that came about as a result of the Great Depression)

White House Is Joining in Efforts To Loosen the Limits on Banking
The Clinton Administration plans to call this week for legislation that would allow commercial banks, securities firms and insurance companies to merge, forming giant financial services companies that would offer everything from checking accounts to mutual funds and life insurance, Federal officials say.
In a speech prepared for delivery in New York on Monday and in Congressional testimony scheduled for Wednesday, Treasury Secretary Robert E. Rubin will urge Congress to repeal the Depression-era Glass-Steagall Act, the officials said. For more than 60 years, the law has forced financial concerns to choose between owning commercial banks or owning securities companies like brokerage firms and investment banks, but not both.
Mr. Rubin also plans to call for broad changes in the Bank Holding Company Act of 1956, which has effectively barred most financial concerns from owning both commercial banks and insurance companies, said the Federal officials, who spoke on condition of anonymity. Mr. Rubin***8217;s speech will represent the first time that the Administration has taken a position on eliminating the legal and regulatory barriers among financial industries.
Regulatory changes in recent years have already allowed commercial banks, like Citibank, to begin selling stocks and mutual funds on a limited basis. But the Glass-Steagall Act still bars Citibank, for example, from merging with a brokerage firm like Merrill Lynch or an investment bank like Goldman, Sachs, which provides corporate investment advice and helps companies issue stock. The Bank Holding Company Act bars Citibank fom merging with a big insurance company like Prudential.

I confess, I do well in the stock market but it is tough when the chips are stacked against you. Knowing the government allowed those chips to be stacked really pisses me off.

[RidgeRunner]

Oh !.. Subscribed.