OT - Is the Tide Turning?

Dan
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Re: OT - Is the Tide Turning?

Post by Dan »

Many, many people who voted for the current Congress and to install the Obama Administration are having serious buyers' remorse right now. That's why so many of them are showing up at the Tax Day Tea Parties. They realize they were sold a bill of goods during the campaign of last year. Once they got a stranglehold on power, the party in the drivers' seat couldn't help themselves. This may be their last chance to lurch our society toward socialism, where the government has the power to choose winners and losers, ignoring the free market of ideas, innovation, improvement, reward for risk, hard work and sacrifice, and the liberty of American citizens to keep most of what they earn. The socialist agenda cannot be enacted by choice, it must be forced on the public. In other words, socialists (no matter what they call themselves) must lie to the American public about what they bring to the table. Once in power, they must quickly enact their agenda before anyone can gather resistance against it. The GOP isn't going to do anything about it. So, the people must do it themselves.

That's what today is all about.
Dan
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Joined: Sat Mar 28, 2009 2:49 pm

Re: OT - Is the Tide Turning?

Post by Dan »

Give me back my money, you can keep your change.
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EZRider
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Re: OT - Is the Tide Turning?

Post by EZRider »

If you're here for an "Environmental and Land Use Issues Forum" instead of a political blog....

You know what to do!

EZ
Dan
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Joined: Sat Mar 28, 2009 2:49 pm

Re: OT - Is the Tide Turning?

Post by Dan »

Well, EZRider, I can't find much evidence you're here for a "Desert Environmental and Land Use" forum discussion, instead preferring to point and laugh at others who are proposing interesting ideas and solutions to complaints logged here against OHV use.
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castle
Posts: 351
Joined: Tue Apr 14, 2009 1:35 pm
The middle number please (4): 7

Re: OT - Is the Tide Turning?

Post by castle »

EZRider wrote:If you're here for an "Environmental and Land Use Issues Forum" instead of a political blog....

You know what to do!

EZ

Well EZ, if you don't think the political tide of the day will have an affect on your land use, you better take another look at what's happening.
Dan
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Joined: Sat Mar 28, 2009 2:49 pm

Re: OT - Is the Tide Turning?

Post by Dan »

I think this Administration and this Congress have already proven beyond any doubt they must be resisted on nearly all issues. They are attempting to use the dire emergency of our financial meltdown to rewrite the social and fiscal contracts with the American people. They want to re-negotiate for more power and dominion over the average citizen, and I believe we should not let them do it.

What do you think, EZ? How's that vote for Obama looking now?
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EZRider
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Re: OT - Is the Tide Turning?

Post by EZRider »

Dan wrote:They are attempting to use the dire emergency of our financial meltdown to rewrite the social and fiscal contracts with the American people.
Greed in the financial services industry (i.e. banks and brokerage houses) is primarily responsible for the financial meltdown, Dan. They collected commissions and bonuses for leveraging assets 36 times real value until the inevitable collapse.

Maybe we should "rewrite the social and fiscal contracts with the American people" to hold them responsible for their actions?

EZ
Dan
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Re: OT - Is the Tide Turning?

Post by Dan »

So, you're saying that people who lied about their income and job status, signed a promise to pay, and bought a home that was obviously way beyond their reach, have no responsibility for the financial mess we're all in right now?

So, you're saying that the Senate Committee on Banking, Housing, and Urban Affairs, and the House Financial Services Committee, had no responsibility for oversight of the giant fraud being committed on behalf of US taxpayers?

So, you're saying the former politicians in charge of Fannie Mae and Freddie Mac, who falsified the profitability and solvency of these organizations in order to secure huge bonuses for themselves, had no responsibility for the meltdown of their own organizations when the huge problems they hid from regulators finally couldn't be concealed any longer?

So, you're saying that the 9000 spending earmarks in the stimulus bill alone, are really there to promote economic recovery? That the quadrupling of the national debt over the next 5 years, by the Obama plan, is really coming so people can keep their houses?

So, you're saying that Rahm Emanuel was just joshing when he advised Mr Obama never to "waste a perfectly good crisis", and instead to use it to enact all manner of social and fiscal programs friendly to their political cause? That is not precisely what they are doing right now, using the very real panic of the American people to enact and fund all manner of social experiments disguised as "stimulus"?

Are you so invested in the liberal perspective that you fail to see the direction Mr Obama and the current Congress are taking us, EZRider? You claimed before that it was Mr Bush that put us in this situation, now you claim it's greedy Wall St financiers. Which is it? If the increase in public borrowing while on the watch of Mr Bush and the Republican and Democrat Congresses was the underlying cause of this mess, then how could a doubling, tripling, or quadrupling down on that increase by Mr Obama and today's Democrat Congress possibly be the solution? If it was greedy Wall Street bankers and financiers alone, then why weren't Barney Frank and Chris Dodd watching them? Of course, you know it was their job, don't you?

Do you ever stop to think before you start typing, or is it simply reflexive for you to blame Bush for everything? Turns out, he was the only one who warned Congress 17 times to stop the fraud before it destroyed our economy. He was among the few who knew where this was headed. Even the Democrat-controlled CBO feels the Obama plan is a recipe for disaster:

"President Obama's 2010 budget looks more astounding by the day, especially when someone other than the White House budget office is analyzing it. The latest case of epic sticker shock came Friday when the Congressional Budget Office published its assessment, which found that the proposals would increase the federal deficit by $2.3 trillion more over 10 years than the White House had claimed."

In addition, most people who can fog a mirror, understand that he's attempting to build an impenetrable voting block of Americans who are dependent on government, and hence, Democrats and Republicans who embrace socialist ideals:

"At least after World War II, spending could, and did, decline rapidly when the country demobilized. In this case, with the bulk of federal spending geared toward income maintenance and transfer payments that have political constituencies, that won't happen. And that is part of Mr. Obama's plan. One unstated but clearly implicit goal of his budget is to put in place spending programs that make ever-more Americans dependent on government and that will require a permanently higher level of taxation to finance. All of this is being done in the name of addressing income inequality."

He's spending us into a socialist state, using the charisma of the cult of personality as his own meal ticket. At this rate, we'll become the latest social democracy, right along with Western Europe, only even more so. We all understand how wonderful liberty has been there in recent decades, don't we?

So, EZRider, is this what you voted for, or were you misled?

http://online.wsj.com/article/SB123776518094909023.html
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EZRider
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Re: OT - Is the Tide Turning?

Post by EZRider »

Dan, maybe some slick salesmen were responsible for starting the housing bubble?

1) Real estate agent convinces gullible buyers that they can afford an overpriced home.

2) Assures them that property values can go nowhere but up.

3) Lines up an appraiser who "just happens" to bring in a value at asking price.

4) Agent advises prospective buyers as to what it takes to qualify for a loan.

5) Agent does not check submitted loan app for accuracy.

6) Sends package to a loan broker.

7) Loan broker does not check submitted loan app for accuracy.

8) Real estate agent collects $$$$commission$$$$$.

9) Loan broker packages sub-prime loan with others, gives them a AAA rating and unloads them on investors (pretending they are insured by Government).

10) Loan broker collects $$$$commission$$$$$.

11) Loans go sour.

12) Brokerage house(s) convince government that they are too big to fail and demand bailout money.

13) Taxpayer gets stuck with the tab.

13) Brokers collect $$$$bonuses$$$$$.

It's pretty obvious to the rest of us how it all happened, Dan. So, here's some free advice:

"Don't try to make a living giving financial advice."

EZ
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