Olens takes on another federal overreach: Dodd-Frank
In Washington, Congress passes and the president signs a vast expansion of federal power over a large and critical industry.
In corporate boardrooms, business executives believe that law usurps their rights. In state capitals, attorneys general believe it infringes on states’ sovereignty and puts them at great financial risk. The two groups come together and sue to overturn the law.
A recap of the Obamacare lawsuit decided by the U.S. Supreme Court last summer? Yes, but it’s also the lead-up to another legal battle stemming from Democrats’ dominance of Washington in 2009 and 2010.
Last month, Georgia joined a lawsuit seeking to overturn major portions of the Dodd-Frank financial reform law of 2010. The law’s stated intent was to avoid failures of “too big to fail” banks and subsequent market panics, of the kind we saw in autumn 2008.
There are good arguments that the law’s authors got the policy wrong, and enshrined “too big to fail” in federal law rather than preventing it. But this lawsuit is not about policy preferences, state Attorney General Sam Olens said in a recent interview.
“We do not disagree that the consumer needs to be protected,” he said. “We feel the laws and regulations must be consistent with the Constitution.”
Among other things, the suit contends the law robs financial firms — including, critically, ones in which Georgia’s pension funds have investments — of due process and allows federal regulators to “treat similarly situated creditors differently” as part of its Orderly Liquidation Authority.
The problem would begin, Olens said, when federal regulators decide a financial firm is in danger of failing and should be liquidated:
“Upon which [regulators] give notice to the institution and you have 24 hours to have a federal judge issue a ruling. If the judge does not issue a ruling within 24 hours, [their] action is affirmed.
“The ruling and the proceeding are closed to the public. The filings are closed to the public. And you are limited to an ‘arbitrary and capricious’ standard to thereafter appeal the decision, which is also closed to the public.”
Worse, Olens continued, even a successful appeal could be too late, because the law blocks courts from delaying the firm’s liquidation. “So it violates numerous separation of powers issues in our Constitution,” he said.
As a firm was liquidated, the law could result in Georgia and other creditors losing their priority over others — as when Chrysler made some bondholders, including Indiana’s pension fund, secondary to labor-union pension funds and other unsecured creditors during its 2009 bankruptcy proceeding. That, Olens said, would violate Georgia’s property rights.
If it seems like Olens and other state attorneys general are more active in opposing federal actions than their predecessors did, from EPA rules to presidential recess appointments, “that’s because you’re seeing a lot more out of Washington, D.C., than you ever have before,” said Alan Wilson, attorney general for South Carolina, which is also a party to the Dodd-Frank lawsuit. (The other nine state plaintiffs include Alabama, Michigan, Ohio and Texas; there are also three private-sector plaintiffs.)
“I do believe it’s our role to challenge [the federal government] when it does overstep,” Wilson argued during a joint press conference with Olens last week, “and that’s what we’ll continue to do.”
– By Kyle Wingfield
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298 comments Add your comment
Charles
March 4th, 2013
5:54 am
I cannot thank you enough Attorney General Sam Olens, for standing up for Americian Citizens.
Aynie Sue
March 4th, 2013
6:09 am
The Dodd-Frank financial reform law of 2010 is a watered-down attempt to reign in the financial institutions, financial traders, and underhanded practices that brought down the world economy in 2008-09. After being bailed out in 2009, the miscreants promptly resumed their assault on the world economy.
Leaving financial regulation to the hayseed attorneys general of the 50 states didn’t work before and should not be expected to work in the future. The nefarious financial abuses are interstate and international. The financial dirty work is done in New York City, London, and the off-shore tax havens.
What we are dealing with is a financial racket conducted with complex, outrageously over-leveraged financial instruments in which big-time investors park their capital, instead of invest it in job-creating enterprises. This financial racket makes a mockery of serious capital investment and destabilizes our economy.
Financial regulation alone cannot prevent another financial services fiasco; tax law changes are needed to make undesirable financial practices less lucrative and more accountable. The most urgent need is to eliminate the “carried interest” tax dodge whereby the dealers and traders pay a low tax rate on their vast incomes and commissions. Next, favorable tax treatment intended to promote private investment in the economy should be denied to capital transactions other than job-creating enterprise.
A side benefit to amending tax laws to favor only job-creating investments would be a big revenue increase for the federal government and more generous funding of charitable and cultural projects. Boehner & Company are against tax reform (“more tax increases”) that would clean up the financial services racket because the reforms would penalize the wealthy investors who choose to invest in American politics but not in American enterprise.
DeborahinAthens
March 4th, 2013
6:32 am
When Georgia elects officials that put into place banking regulators that have the best interests of the people of this state instead of serving the “Good ‘Ol Boy” bankers who seem to adore having a board of directors made up of their “Good ‘Ol Boy” developer friends, THEN, and only THEN, can Olens and his ilk open their stupid mouths. Does he not realize that, since 2008, the state of Georgia has had more bank failures than any other state in the union. Why do you think that is the case? Because we have the most lax banking laws. We have no banking regulators that watch these bozos. Every time a bank in Podunk Georgia fails, the FDIC has to either close it down ( not done because the harm to depositors is enormous) or find some other healthy bank to take the over. Our failed banks work with the other failed banks to suck the money from the FDIC. And this costs the consumers money. Meanwhile, not one single bankers has been accused, tried and found guilty of a crime. We are beginning to see some of these small bankers being sued by the FDIC to get money from them, but all of the bankers that looked away while their minions were destroying the wealth of their customers are fat, rich and happy. “What credit default swap? ” “I didn’t know my traders were shorting the very things they were selling my customers.” “Who….me?” When does this BS end? We cannot sustain another meltdown such as we had in 2008. Olens needs to crawl back into his hole. He knows nothing about banking, and he obviously, along with the rest is our Georgia officials, doesn’t give a damn about the people of Georgia.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
6:41 am
At least get the name of it changed – isn’t this so socialist, the two people most responsible for crashing and burning the housing markets are tasked with “fixing” them.
This financial racket makes a mockery of serious capital investment and destabilizes our economy.
Then quit feeding it obozo bucks.
Cutty
March 4th, 2013
7:13 am
Cons care about consumers so much, they all but refuse to allow a vote for the head of the Consumer Protection Board. #1 in bank failures, and its somehow the feds fault.
Wrong on Obamacare. Will be wrong on Dodd-Frank. Keep it up cons, you’re doing great!
Real Athens
March 4th, 2013
7:40 am
Why doesn’t our State Attorney General and dutiful champion of the Fourth Estate take on some real crooks — the Southern Company, Georgia Power and the jokes at the “Public Service” Commission regarding their soaking of Georgia taxpayers for the debacle at Plant Vogtle?
Real Athens
March 4th, 2013
7:42 am
Woops! ‘State’s’ and Vogel. More coffee.
Thomas Heyward Jr
March 4th, 2013
7:44 am
Betwixt the Obama/Chicago/AxelGrease Federal Lawyer Army and the ……………….Georgia Bar,
I’m sure that the melting middle-class wage slave is well represented.
.
lol
Cherokee
March 4th, 2013
7:59 am
Thanks Aynie Sue and Deborah.
Too bad our intrepid blogger couldn’t offer up that kind of detailed information about the law.
Cherokee
March 4th, 2013
8:01 am
When the attorneys general of Alabama, Texas, Georgia, and South Carolina are against something, it’s probably something that should stay in place.
Bob
March 4th, 2013
8:03 am
Deborahinathens calling someone stupid ? Dodd retired to avoid the Countrywide fallout. He got a VIP loan then tried to tell us he thought everybody got the same VIP loan, maybe deborahinathens believed him but most did not. Barney Frank was openly sleeping with one of Fannie Mae’s top lobbyist and Fannie and Freddie have bled billions, maybe deborahinathens thinks banging lobbyists and then giving them billions is ok but most do not. Frank and Dodd were instrumental in the mortgage meltdown so letting them author a bill in financial reform is just wrong. These two men need an ethics course.
USC-69
March 4th, 2013
8:09 am
Thanks Real Athens. I am with you – coffee or not. These busy bodies keep trying to overturn majority popular opinion in favor of corporate profits (with a little racial motivation as well). The Medical Insurance Corporations came close to bankrupting the U.S. middle class and are still attempting to grab as much as they can. Time for a new Governor (taxing us twice for an inferior Medicaid Program) and a new Attorney General that can deal with Georgia corruption and keep his mind on the business at hand.
Bob
March 4th, 2013
8:11 am
http://www.youtube.com/watch?v=Yga7TlsA-1A
Here is how dems handled the Fannie Mae mess.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
8:13 am
(with a little racial motivation as well).
Don’t have a serious argument to present, no brain between your ears and you are a coward? Then pull the race card.
Cutty
March 4th, 2013
8:20 am
#1 in bank failures and the AG is upset w the way the feds takes over said failed banks. You can’t make this stuff up.
Real Athens
March 4th, 2013
8:22 am
” ‘no’…argument to present, no brain between your ears and a … coward?” then stoop to insults.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
8:23 am
It looks like the libs really have given up on the “assualt” weapons ban -
Homeland Buys 2,700 Light-Armored Tanks…
Better make sure that sucker has a big fire extinquisher in it.
Aquagirl
March 4th, 2013
8:23 am
Don’t worry, citizens of Georgia, you don’t need the Federal gub’mint bullying those poor financial firms. Sam Olens is looking out for your interests.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
8:26 am
ra – Yeah, I forgot, when your little liberal mind gets overwhelmed and you start screaming racism, you are really just projecting your own beliefs on others. When have I, or my political party, ever divided people into groups and then stuck them in the ghettos?
Deep Cover
March 4th, 2013
8:27 am
“We do not disagree that the consumer needs to be protected,” he said. “We feel the laws and regulations must be consistent with the Constitution.”
When GOPers do their post mortem of “why” they are losing national elections they need to look no further than this comment…SMDH.
Bob
March 4th, 2013
8:28 am
From deborahinathens “Meanwhile, not one single bankers has been accused, tried and found guilty of a crime. We are beginning to see some of these small bankers being sued by the FDIC to get money from them, but all of the bankers that looked away while their minions were destroying the wealth of their customers are fat, rich and happy. “What credit default swap? ” “I didn’t know my traders were shorting the very things they were selling my customers.” “Who….me?” When does this BS end? ”
deborah, ask the obama admin why no charges are being filed by Holder. And you should understand that had Clinton not signed a bill allowing for credit default swaps then bankers would not be able to ask, what credit default swaps ?
President Clinton’s tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.
dems gave us the mortgage meltdown and if that hed not happened we would not have needed Dodd/Frank. It was not repubs that decided Fannie and freddie should guarantee NINJA loans that allowed the fat cats that deborah seems to despise to lend money to anyone walking in the door.
Aquagirl
March 4th, 2013
8:40 am
When GOPers do their post mortem of “why” they are losing national elections they need to look no further than this comment…SMDH.
It’s only 8:30 and this place is near collapse under examples of conservative GOP fail. By 10 the clot of regulars will be knee-deep in their usual slop, screaming at everyone who doesn’t look like Sam Olens.
Just another day of the circular firing squad.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
8:41 am
This guy doesn’t get it -
But Mr. Graham said he is open to the type of major agreement that would raise about $600 billion in revenue by closing tax loopholes and eliminating deductions. That money, he said, then could be put toward reforming Medicare and other entitlement programs.
Hows this any different than just straight up raising tax rates?
These mccainbots running around speaking on behalf of fiscal Conservatism is our biggest problem. He wants to jack up the size of government by 600 billion dollars, right after the giant death struggle to cut 86 billion, and use other people’s money to fund it. And besides which, “medicare” is just the hostage that obozocare is hiding behind, this is really 600 billion to fund obozocare
This guy is not on our side at all.
Real Athens
March 4th, 2013
8:45 am
Bob:
Were you aghast when Chip Rogers (he of $150,000 a year pension forcefully bestowed by Nathan Deal courtesy of GPT) and Tom Graves (Tea Party darling from a town with a population of 115) were not prosecuted by the Feds or state AG’s office for defaulting on a $2.2 million loan which led to the collapse of a small Georgia bank? Were you enraged that collapse and liquidation cost American taxpayers (FDIC) $69.5 million. Were you appalled that in their legal defense Graves and Rogers argued that the bank had been at fault for loaning them money that they knew couldn’t be repaid, making the signed personal guarantees invalid?
indigo
March 4th, 2013
8:51 am
It’s looks as though competing groups are shouting “show me the money”!!!!!
td
March 4th, 2013
8:55 am
Real Athens
March 4th, 2013
8:45 am
Is it not true that everyone that walked away from their houses when the market starting going down was no different then what Rogers and Graves did? How about all the people that run up credit card bills and then file bankruptcy? I personally think it is unethical for anyone to not pay for items they bought and hold up their end of a contract but until we start prosecuting ALL of the deadbeats then why should we just pick and choose some?
independent thinker
March 4th, 2013
9:01 am
Ah it is so nice to be in a state that prides itself on successful bank regulation taking strong action. Olens is right – if only states like Georgia could teach the rest of the country how to regulate banks there would be far fewer bank failures.
My quick read- if a state is stupid enough to put money in a bank that it helped regulate and the bank fails the state goes to the bank of the line. Its called taking responsibility for your ineptness.
Aquagirl
March 4th, 2013
9:13 am
How about all the people that run up credit card bills and then file bankruptcy?
Filing for bankruptcy has negative consequences—basically nobody will loan you money for several years. You might get turned down for jobs when potential employers check your credit.
Chip Rogers was re-elected, then stashed in a cushy job when he walked out on his district, costing the taxpayers thousands more for a special election.
Jack Murphy was appointed Chair of the banking committee after Integrity (lol) bank ran into the rocks. Little things like civil and Federal lawsuits didn’t bother his employer—the Pro Tem Senate leader.
So nice try at deflection and whining about unspecified deadbeats, what price are YOUR deadbeats paying?
Real Athens
March 4th, 2013
9:18 am
TD:
To answer your question, and I’ll put it as simply as possible: Morgan Akin (the chairman of Bartow County Bank) said the only he approved the loan to Graves and Rodgers was, “They were well-respected members of the community, and we took that into account.”
They used their political gain in an attempt to make a profit, then used that same political favor to avoid criminal prosecution. WOuld the outcome have been the same if Graves and Rogers had a (D) next to their name?
I will tell you this: had you and I been accomplices in the same behavior (as ludicrous as that seems, lol) as Graves and Rogers we’d be sitting in Reidsville right now. That much is fact.
Finn McCool (The System isn't Broken; It's Fixed)
March 4th, 2013
9:18 am
Good challenge.
I still think we need a transaction tax on all Wall Street market transactions. That will remove some of the “casino” nature of the industry.
Chip
March 4th, 2013
9:22 am
I wish all those darn conservatives would just shut up! If we all just obey Obama, and submit ourselves to his will, everything will be wonderful.
After all, his massive life experience at… well… hmmm… let’s see… community organizer… rabble rouser… golf junkie… hmmm….
Well, never mind. Dear Ruler knows all, and if we litte people, we bitter clingers, would just shut up and stop interfering with His magnificent brilliance, we’ll all end up with rainbows over our government apartments and our own personal unicorns in the (environmentally sustainable) corral.
fair and balanced
March 4th, 2013
9:27 am
Feds should give Georgia cons their banking and consumer independence they want. After isn’t the federal government subservient to the states???Just pull the FDIC out of all Georgia banks due to excessive bank failures and remove federal banking approval for any bank in Georgia. Let directors and investors in banks get preference if a Georgia bank folds. Ban FNMA,and FHA loans in Georgia. No need for a lawsuit. See how fast the money investment money flows into the state banks.Way to go Sam and the cons.
independent thinker
March 4th, 2013
9:33 am
Here’s a good place to start some austerity cutting and reduce the deficit:
“”"”"”"”"”"”The price tag for some of the worst loans made by Georgia’s failed banks has passed the $1 billion mark.
Since the nationwide banking crisis began in 2008, the Federal Deposit Insurance Corp. has paid about $1.2 billion to banks that acquired the loan portfolios of failed Georgia-headquartered banks. Most banks that acquired the assets, deposits and loan portfolios of failed banks agreed to be compensated by the FDIC on loans for which little or no payments could be recovered.
Georgia leads the nation in the number of banks that have failed since 2008, with 57. Georgia’s $1.2 billion in loss-coverage payments accounts for about 13 percent of the approximately $9 billion that the FDIC has paid nationwide.”"”"”"”"”"”"”"
http://www.bizjournals.com/atlanta/print-edition/2011/03/25/fdics-tab-for-bad-georgia-bank-loans.html?page=all
Olens should definitely do something about that excess FDIC money flowing into Georgia.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
9:45 am
Obozo and the Democrats do love them some huge, unaccountable bureaucracies answerable and accountable to no one. Americans are thankful for folks like Sam Olens who take on these liberal fascists.
Jefferson
March 4th, 2013
9:48 am
That drug comercial the Olens is a waste of money, not to mention it is lame.
His office must be bored to death.
independent thinker
March 4th, 2013
10:00 am
those liberal fascists who dared to close those wonderful state regulated banks in Georgia paid out over a billion dollars to those stupid redneck trailer trash depositors- what a bunch of fascists !!!!!!!!!!!!!
Almost as bad as that Reagan guy giving telephone rebates to poor people and some clown named W giving away even more money for free cell phones- Little Barry is absolutely right -sue the SOBs for stealing money from wealthier states and giving it to the trash who vote for the stupid party in the South!!!! Those cons are just a bunch of closet socialists in drag.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
10:00 am
Seems our local progs have a big problem with their little messiah being challenged.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
10:05 am
The trailer trash depositors paid for that FDIC insurance so there is no reason for them not to expect their deposits to be protected.
Obozo’s loser base, on the other hand, has no deposits to protect and are left to their poutrage over an economic system that has passed their sorry arses by.
zeke
March 4th, 2013
10:13 am
HMMM! Dodd-Frank? Where have we heard this before?? Oh, the housing collapse! Ignorant leftist democrat morons thinking they know better than the experts at whatever situation arises! they caused the housing collapse and in turn the financial collapse, and, the severe recession! IT IS TIME FOR THE SUPREME COURT TO PUT A KINK IN THE FEDERAL CENTRAL RADICAL GOVERNMENT ON A CONSTITUTIONAL BASIS! There is no Constitutional authority for about 99% of the crap they put on us and the states!!!
breckenridge
March 4th, 2013
10:14 am
Dodd-Frank is a very poor piece of legislation that did nothing to remedy the cause of the last fiscal crisis. Two simple steps should have been taken 1) require all home buyers to put down 20% up front and 2) require lenders to keep at least 25% of each home loan for the duration. Instead they came up with this convoluted piece of crap, no doubt at the behest of banking interests and their heavy “campaign contributions” since they didn’t want to take the riverboat casino element out of the financial markets.
Rafe Hollister preparing for an Obamanist America
March 4th, 2013
10:31 am
Libs apparently do not save money, as they are always looking enviously on others savings. Finn wants a tax on fund transfers and Wall Street activity and Aynie Sue wants more regulations to shut down the greedy. Some want a tax on our 401k’s and IRA’s. I guess we should just spend everything we make, give the rest to the poor, and throw ourselves on the system, like the Dems. They seem to fail to recognize that if everyone joins the system, no one will be left to pay the tab.
If you think, Obama has really trampled the Constitution with his governing by Exec Orders, regulation nation, Obamacare, Dodd/Frank, failure to enforce the laws he doesn’t like, and his assignation of American’s abroad with drone strikes, you are correct, but haven’t seen anything yet, if he is able to flip the House in 2014.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
10:33 am
“Meanwhile, not one single bankers has been accused, tried and found guilty of a crime.”
Yes, DeborahinAthens.
Even in the last 4 years.
It ain’t the law, libs, it’s the Administration’s willingness to enforce the laws on the books.
And President Incompetent is no better than any previous president, except that he talks tougher, but still does NOTHING.
Rafe Hollister preparing for an Obamanist America
March 4th, 2013
10:39 am
breckenridge
Is correct, Congress rarely tries to solve problems, preferring to keep them around for campaign issues. They usually try to do enough to quiet the critics, but not step on their big money supporters and eliminate the campaign issue. If they required Banks to retain some liability for bad mortgages, the problem would most likely be eliminated. As long as you have a guaranteed buyer for the mortgage, you are just going to take your cut, and pass on the liability. Responsibility is some far off notion, that they have no experience in dealing with.
breckenridge
March 4th, 2013
10:41 am
“And President Incompetent is no better than any previous president, except that he talks tougher, but still does NOTHING.”
That’s because when Obama needed campaign money he went to Wall Street, hat in hand. And suddenly the talk of closing Wall Street tax loopholes vanished in the night. Poof!
You can read about this and more in “The Party Is Over: How Republicans Went Crazy, Democrats Became Useless and the Middle Class Got Shafted” by Mike Lofgren, a republican and former GOP staffer. Great book.
Dumb and Dumber
March 4th, 2013
10:48 am
Well said Real Athens.
One thing you haven’t seen Kyle and other republicans question is the Georgia Legislature’s deal that allows the Southern Company to make a profit on its cost-overruns at the expense of ratepayers – while shielding its stockholders and the company.
This is one area where some in the Tea Party are absolutely correct — but you won’t see the Georgia GOP addressing this giveaway. And the dems? We’ll lets just say what does it matter what they think?
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
10:48 am
“Democrats Became Useless”
Democrats are ALWAYS useless.
Except at taking things from others they haven’t earned.
Rafe Hollister preparing for an Obamanist America
March 4th, 2013
10:51 am
OK, as td points out Graves/Rodgers walked away from a very bad mortgage on an old motel, and were not punished. How is that different from every person, who determined that their home was not worth what the owed on it, and decided to walk away from the loan. Georgia should have prosecuted Graves/Rodgers and the Justice Dept should have at least prosecuted those they could prove willfully took advantage of the mortgage system by walking away from their mortgages. So far, neither act has been addressed.
cj
March 4th, 2013
10:52 am
The NY Times just reported that over the last decade, corporate profits have risen 20 times faster than the wages of workers. I am by no means a Socialist… but at some point we need to get this country back on track.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
10:53 am
“One thing you haven’t seen Kyle and other republicans question is the Georgia Legislature’s deal that allows the Southern Company to make a profit on its cost-overruns at the expense of ratepayers – while shielding its stockholders and the company. ”
Your blog name is appropriate, Dumb and Dumber.
Let’s see – Southern Company is building a new power plant, and they want to charge higher rates to pay for the construction of the plant.
According to your thinking, if the cost of beef goes sky-high, your Happy Meal shouldn’t go up one bit.
In case you missed it (and you obviously did), companies charge for goods and services according to the cost of materials and operations. That’s how they stay in business.
clem
March 4th, 2013
10:54 am
thank the repubs in the state for the foreclosure mess and predatory lending dating back to 2003 or so. they only made it worse. barnes was right on this.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
11:02 am
cj: at some point we need to get this country back on track.
———-
And what would be your first legislative proposal to do that?
Truth teller
March 4th, 2013
11:04 am
Independent thinker,
A lot of those Georgia banks that went under were the small community lender banks that popped up and took in money in many cases to lend to “disadvantaged” communitites. Sort of like the community banks like Maxine Waters husband’s bank that got in trouble. You really should learn what you are talking about before making yourself look so foolish.
Retired Soldier
March 4th, 2013
11:18 am
Truth-
In and around where I live the community banks failed because they went overboard with real estate loans during the real estate bubble. When the bubble burst they were over exposed. The community bank that went under where I live had been open for over 100 years. The solution was simple, during these extraordindary times keep those troubled banks under a close watch by the FDIC and suspend the normal rules for closing a bank to give them additional time to “get right” on their balance sheet. Our congressman was asked to help and he turned his back on the citizens of his district.
Who was the loser? Many regular folks that owned bank shares of their community bank. BTW I have been told it is the stated policy of the FDIC is to close as many community banks as possible. Why you ask? It will reduce their workload. Thanks Congressman, thanks FDIC.
Don't Tread
March 4th, 2013
11:21 am
Sam got it right when he said “We feel the laws and regulations must be consistent with the Constitution.”. Politicians (mostly Democrats, but sometimes Republicans get their hand in it too) always cover up expansion of federal power and trampling the rights of citizens with these “stated intent” lies. Let’s review a few:
Dodd-Frank – see above
Campaign finance law: stated intent was to reduce the influence of money in campaigns, actual outcome was to violate the free-speech rights of the people during an election.
New gun-control laws: stated intent is to “make the people safer” and prevent mass shootings like in CT, actual intent is to violate 2nd Amendment rights. (Some people still don’t know/don’t care what “shall not be infringed” means.)
NDAA: stated intent is to “help defend the country” against terrorists, actual outcome is to remove due process as the President can order the military to kill American citizens on US soil, after declaring them a “terrorist”. (This follows the government performing unconstitutional surveillance and wiretapping of citizens without a warrant.)
Concentrated power is the enemy of liberty.
Aquagirl
March 4th, 2013
11:29 am
BTW I have been told it is the stated policy of the FDIC
I have been told RS is prone to say crap while hiding behind the passive “I have been told.”
MarkV
March 4th, 2013
11:42 am
With all due respect (meaning very little) for the competence of people like Kyle and most of those on the blog to make a judgment regarding a complex law like Dodd-Frank, the article is mostly an incentive for the usual grandiose, pseudo-expert opinions and rehashing of the mortgage crisis, which inevitably would lead to bickering about the function of the government and then other extraneous issues. What is even more to the point is that the lawsuit Kyle refers to is not, ostensibly, about the appropriateness of the law provisions with respect to what they are trying to achieve, but about the law’s constitutionality. Which is an issue about which I believe the aforementioned people are even less competent to make a judgment.
Under ideal conditions, I would gladly defer to the Supreme Court, as instructed by the Constitution, in any case where the constitutionality issues are raised. However, in view of recent statements of some Supreme Court justices, such as Scalia in case of the voting rights act – it becomes questionable whether even the Supreme Court is capable of making a well-reasoned decision.
Don't Tread
March 4th, 2013
11:57 am
“I believe the aforementioned people are even less competent to make a judgment”
“it becomes questionable whether even the Supreme Court is capable of making a well-reasoned decision”
So I suppose the only one competent enough to make an unquestionable judgement about the Constitutionality of anything is you, MarkV? Well that settles it. Seeing as you are the sole possessor of knowledge on the subject, let’s just make you dictator then.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
12:02 pm
The last thing you do, Don’t Tread, is make a liar and a coward a dictator.
getalife
March 4th, 2013
12:10 pm
Good luck with that cons.
Hillbilly D
March 4th, 2013
12:10 pm
The law’s stated intent was to avoid failures of “too big to fail” banks and subsequent market panics, of the kind we saw in autumn 2008.
If they really wanted to put an end to “too big to fail”, they’d bust ‘em up, so none would be “too big to fail”. Wall Street owns both parties, though, so they ain’t going to happen. Anything else is just putting a hog in a fancy prom dress.
MarkV
March 4th, 2013
12:12 pm
Don’t Tread @ 11:57 am
“So I suppose the only one competent enough to make an unquestionable judgement about the Constitutionality of anything is you, MarkV?”
One can count on Don’t Tread to make a stupid comment. Would you care to show where I indicated that I would be competent to make such a judgment?
Hillbilly D
March 4th, 2013
12:12 pm
A lot of those Georgia banks that went under were the small community lender banks that popped up and took in money in many cases to lend to “disadvantaged” communitites.
The ones that popped up in my community took in money to loan to their developer buddies and family members to build McMansions.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
12:19 pm
“in view of recent statements of some Supreme Court justices, such as Scalia in case of the voting rights act – it becomes questionable”
———-
Someone doesn’t know what he’s talking about. Either that or he’s happy to repeat a lie.
MarkV: Ignorant? Or liar?
clem
March 4th, 2013
12:31 pm
my guess is lil barry couldn’t carry markv’s jockstrap…scalia like woodward is losing his marbles
fair and balanced
March 4th, 2013
12:35 pm
“”"”"”"”It is natural, for any who are opposed to big government to be opposed to the big banks. These conservative critics argue that the big banks are, essentially, big government cronies. “Big business needs big government,” is a phrase often heard in some conservative and libertarian circles. Indeed, the reason the banks got so big in the first place, is crony capitalism.
There are different ideas about how to encourage the big banks to dissolve themselves into smaller parts. Johnson advocates higher capital requirements. Pethokoukis suggests that traditional banking activities and the more complicated brokerage activities not be allowed to exist in the same company.
Whether the Republican Party will adopt this platform is yet to be seen. There are signs that Rep. Jeb Hensarling (R-Texas), the new chair of the House Financial Services Committee, supports the idea of breaking up the biggest banks. He could find common cause with some liberal Democrats as well, such as newly-elected Sen. Elizabeth Warren (D-Mass.).
One of the challenges, though, of getting congressional Republicans to go along with this agenda, Johnson and Pethokoukis both point out, is that many Republicans receive campaign donations from those large banks (yet another example of how crony capitalism works)
Read more at http://www.christianpost.com/news/will-republicans-support-breaking-up-big-banks-88473/#bwADUMEejFbR8BXl.99
But of course Kyle and the resident wingnuts here want less government control. How blissful and ignorant folks are in this bastion of the South.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
12:45 pm
clem, do you think Justice Scalia said that minorities shouldn’t be able to vote? Just curious, since that’s what the idiotarians are claiming he said.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
12:52 pm
The problem was the banks weren’t allowed to fail in the first place.
No one learns a lesson nor changes their ways if they’re constantly bailed out of their own misdeeds.
Finn McCool (The System isn't Broken; It's Fixed)
March 4th, 2013
1:01 pm
Yeah, let’s not be too harsh on these bankers:
The banks had long maintained that, although they had relied on faulty documents to push through foreclosures, they rarely forced people out of their homes by mistake. The discovery that over 700 active duty military members — protected by federal law — nonetheless faced foreclosure serves as star riposte to such claims.
nytimes.com
independent thinker
March 4th, 2013
1:01 pm
How the cons ruined the banking industry in Georgia by undoing consumer protection laws which now Dodd Frank has to be forced down the cons throat for being so irresponsible and ignorant (a very common trait of the stupid party in Georgia):
“”So what’s the matter with Georgia? As I said, banks went wild, in a scene strongly reminiscent of the savings-and-loan excesses of the 1980s. High-flying bank executives aggressively expanded lending — and paid themselves lavishly — while relying heavily on “hot money” raised from outside investors rather than on their own depositors.
It was fun while it lasted. Then the music stopped.
Why didn’t the same thing happen in Texas? The most likely answer, surprisingly, is that Texas had strong consumer-protection regulation. In particular, Texas law made it difficult for homeowners to treat their homes as piggybanks, extracting cash by increasing the size of their mortgages. Georgia lacked any similar protections (and the Bush administration blocked the state’s efforts to restrict subprime lending directly). And Georgia suffered from the difference.
What’s striking about the contrast between the Texas story and Georgia’s debacle is that it doesn’t seem to have anything to do with the issues that have dominated debates about banking reform. For example, many observers have blamed complex financial derivatives for the crisis. But Georgia banks blew themselves up with old-fashioned loans gone bad.”"”"”"”"”"”"”"”"
from Paul Krugman in the NY Times 2012 about why Georgia banks failed and Texas banks did not with similar banking conditions. One more gift to Georgia from ole W.
Half Century Dawg
March 4th, 2013
1:02 pm
stop all bailouts, if you mismanage your business then you deserve to fail.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
1:04 pm
How many of you libs on here supported TARP?
Finn McCool (The System isn't Broken; It's Fixed)
March 4th, 2013
1:07 pm
A lot of those Georgia banks that went under were the small community lender banks that popped up and took in money in many cases to lend to “disadvantaged” communitites.
Got any proof?
Finn McCool (The System isn't Broken; It's Fixed)
March 4th, 2013
1:11 pm
In 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago. The FDIC has said 2010 likely was the high-water mark for bank failures from the Great Recession. By this time last year, 51 banks had failed. From 2008 through 2011, bank failures cost the fund an estimated $88 billion. The deposit insurance fund fell into the red in 2009. But with failures slowing, the fund’s balance turned positive in the second quarter of last year. By Dec. 31, it stood at $11.8 billion, according to the FDIC. The FDIC expects failures from 2012 through 2016 to cost $12 billion.
just $88 billion in FDIC funds…..
Finn McCool (The System isn't Broken; It's Fixed)
March 4th, 2013
1:13 pm
It was fun while it lasted. Then the music stopped.
And the citizens are out a lot of money….and no one goes to jail.
Aquagirl
March 4th, 2013
1:22 pm
No one learns a lesson nor changes their ways if they’re constantly bailed out of their own misdeeds.
Why, look how Countrywide learned its lesson and is now serving fries at McDonalds while hoping for a promotion to shift manager. What a heartwarming story of redemption.
Corporations are people, my friend.
bluecoat
March 4th, 2013
1:23 pm
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Updated: 12:02 p.m. Monday, March 4, 2013 | Posted: 11:09 a.m. Monday, March 4, 2013
Former Gilmer bank vice president indicted on fraud charges
bluecoat
March 4th, 2013
1:26 pm
whew did not mean to paste all that.just the bank part.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
1:39 pm
Aquagirl continues to prove she’s an idiot.
Most people know that if a bank (or any company) goes under, the people responsible for that failure no longer have a means of income.
And many will likely be blackballed by their industry if they ever come sniffing around for another executive position, if they haven’t been indicted and convicted first.
But that’s in the world of free markets and responsibility.
Just another something about which Aquagirl remains ignorant.
Aquagirl
March 4th, 2013
1:49 pm
Most people know that if a bank (or any company) goes under, the people responsible for that failure no longer have a means of income.
I’m sure Angelo Mozilo is really suffering through his unemployment.
Buzzy
March 4th, 2013
2:00 pm
I tell you what the federal overreach was Kyle, it was when the federal government bailed out the Wall Street crooks to the total tune of trillions of dollars, and of course they did it in our name since we will ultimately pay for it.
If anything, Dodd Frank should have been even more strict that it was. Keep in mind, these big bankers claim that they live by the free market: win or lose. But they never lose , because they have the lobbyists to make sure they don’t really live by the free market.
No way that Wall Streets gets out of this thing scott free. They should be regulated to the hilt and we need the enforcement to back it up.
DebbieDoRight - A Do Right Woman
March 4th, 2013
2:02 pm
Aqualgirl, DIA, Aynie — you guys are my heroes!
Keep up the good work!
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
2:04 pm
The world famous “I’m a lib so I know more than the experts do” syndrome has manifested itself quite deeply today.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
2:09 pm
Aquagirl, once again, you may not cherry-pick a statement by me and use it to make your case when the totality of my statement makes mine.
Try reading the next part of my post and get back to me with your apology.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
2:10 pm
Giant gleaming pearls of dummycrat wisdom, “these banks are making a profit so we need to do something about it,” followed by “we know best” and concluded with “let’s tax them.”
We no longer have to wonder why they can only acheive 0.1% growth.
Retired Soldier
March 4th, 2013
2:11 pm
I never thought AQ would be the defender of the big mega banks. I guess it stands to reason though, liberals support Obama, Obama supports who ever will donate big bucks. Hence Liberals and Obama are the protectors of Wall Street that pays the big bucks to play.. Good job AQ. Good job liberals. Good job Obama.
Cheesy Grits
March 4th, 2013
2:23 pm
Good job liberals. Good job Obama.
Your welcome
Cheesy Grits
March 4th, 2013
2:25 pm
And many will likely be blackballed by their industry if they ever come sniffing around for another executive position, if they haven’t been indicted and convicted first.
But that’s in the world of free markets and responsibility.
Just another something about which Aquagirl remains ignorant.
Your naivety is astounding.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
2:25 pm
Finn McCool: And the citizens are out a lot of money….and no one goes to jail.
——–
Not even Franklin Raines?
DebbieDoRight - A Do Right Woman
March 4th, 2013
2:31 pm
But of course Kyle and the resident wingnuts here want less government control. How blissful and ignorant folks are in this bastion of the South.
Third World Status Here we come………….
Aquagirl
March 4th, 2013
2:32 pm
Try reading the next part of my post and get back to me with your apology
I’m very sorry I made you look so incredibly dumb. In the future I will try and stop you before you stick your foot in your mouth and claim executives of failed financial institutions have really, really, learned a very special important lesson.
Feel better?
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
2:38 pm
Who’s been in charge of prosecuting these fraudsters the last four years, and why have they failed so pathetically?
Oh, right. Campaign contributions.
DebbieDoRight - A Do Right Woman
March 4th, 2013
2:38 pm
I never thought AQ would be the defender of the big mega banks. I guess it stands to reason though, liberals support Obama, Obama supports who ever will donate big bucks
I thought Sam Olens was a Republican……….
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
2:40 pm
Aquagirl, is English your primary language? I suspect not, given your inability to comprehend my original statement that executives have NOT been made to learn a lesson.
You look even more dumb each and every time you post.
But you’re a lib, so that’s nothing special.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
2:44 pm
Remember during the 2008 campaign how the Democrats were crowing about the big advantage they had in fundraising from Wall Street? They sure got quiet about that. Maybe that explains the dearth of prosecution in the last four years.
Democrats: Unindicted co-conspirators.
Retired Soldier
March 4th, 2013
2:47 pm
Exactly, a nest of the like minded Obama and Wall Street.
Finn McCool (The System isn't Broken; It's Fixed)
March 4th, 2013
2:52 pm
CDC: Georgia is No. 4 in syphilis cases
Come on, Georgians, we can win this!!
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
2:55 pm
Yeah, Conservative Values cause increases in syphillis, uh- huh.
DebbieDoRight - A Do Right Woman
March 4th, 2013
2:56 pm
Remember during the 2008 campaign how the Democrats were crowing about the big advantage they had in fundraising from Wall Street?
No. Got proof?
Finn McCool (The System isn't Broken; It's Fixed)
March 4th, 2013
2:57 pm
Conservative Values cause increases in syphillis
Hide your farm animals.
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:00 pm
Testing
1 , 2,
Is that you John Wayne, Is this me.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
3:02 pm
cheesys’ back from the obozo the vindictive furlough!
yuck
ODD OWL
March 4th, 2013
3:10 pm
Congress need to pass laws and re-impose all the banking, wall st., and business regulations that were passed by the FDR Admin. back in the 30’s… The business world worked like clockwork between the 30’s and the 80’s… Then Reagan and the supply-siders came in and begin deregulating everything and thats when all the economic problems started… The Republicans are the facilitators of the rich, elite, greedy Koch Bros. types… They imploy reverse psychology, so ignore what they say and watch what they do… Can’t wait until # 2014
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:11 pm
cheesys’ back from the obozo the vindictive furlough!
yuck
Nah. Just have a job and been out of town on business.
You should try it sometime.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
3:12 pm
Graham, McCain Threaten to Stall Brennan Nomination Over Libya
That’s what you said about hagel, morons.
Dusty
March 4th, 2013
3:15 pm
How in the world did I get on Bookman’s blog???
OH, I didn’t? All his “contributors’ just moved over here. No wonder we’ve got a loonytoons section today.
Hi, Aqua, DebbiDR and OF COURSE Cheesy and Finn all from the land of the outcasts and the outlandish.
Welcome! Kyle’s gang realizes that you need some fresh air from your former haunts but please….we love Georgia, our Constitution, all that good stuff. We don’t take too kindly to mudthrowing, down grading, insulting, rude, ugly and unthruthful things IF you should EVER decide to use them. I’m sure you wouldn’t !! No indeed.
Anyway, have fun. Hot chocolate on the veranda. Do stop by….
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:19 pm
we love Georgia, our Constitution, all that good stuff.
We do too
I love Georgia.
Just hate that there are so many idiots living in it.
We know Georgia could do SOOOO much better.
Unfortunately old weakensess hold her back. But that is mostly the older generation.
Things will change. They always do !!!!
Retired Soldier
March 4th, 2013
3:19 pm
odd owl-
There no question republicans have helped the well to do and have received a lot of contributions from the same. Your blindness is, so have the democrats. You really think republicans have a lock on the rich? I could name 100 or a 1000 rich that support the Dems, but you would remain just as blind. So what would be the point?
Get over it, both sides are equally guility.
DebbieDoRight - A Do Right Woman
March 4th, 2013
3:19 pm
OMG did someone mention that famous oxymoron (Republican Conservative VALUES!!!)???
the comment made me remember some of the greatest conservative value representatives in history!
1993: Sen. Bob Packwood
Interestingly, Packwood was a rare Republican who was supportive of abortion rights and was described by Boston Globe columnist Ellen Goodman as a “friend of feminism.” That view changed for the worse, however, when 10 women accused him of sexual harassment or misconduct in the pages of the Washington Post.
1990s: Rep. Newt Gingrich
Now this is where things get fun.
Throughout his career, this Georgia lawmaker has been one of the biggest moral charlatans in American political discourse. While he was impeaching President Bill Clinton for lying under oath about his affair with Monica Lewinsky, Gingrich said that Clinton had shown “a level of disrespect and decadence that should appall every American” after he had reduced the office of the presidency to the “rough equivalent of the ‘Jerry Springer’ show.” The whole time, of course, Newt was cheating on his second wife with a woman more than 20 years his younger (who would later become his third wife).
2006: Rep. Mark Foley
Just over one month before the 2006 midterm elections, ABC News reported that Florida Republican Foley had sent several sexually explicit e-mails to teenage congressional pages. He referred to one of the pages as “my favorite young stud”. and told him that he was “never too busy” to “spank it.” Foley abruptly resigned in disgrace.
2007: Sen. David Vitter
On the surface, Vitter’s habit of frequenting the infamous “D.C. Madam’s” alleged den of inequity doesn’t seem so bad. After all, he’s just another family-values-lovin’ pol who cheated on his wife with prostitutes. However, the rumors flying around that Vitter liked to be dressed up in adult diapers while at the brothel are what catapult this into an “Oh-this-must-be-a-Republican” sex scandal. The fact that the Louisiana senator would later co-sponsor the so-called “Marriage Protection Amendment” with Sen. Larry Craig, R-Idaho, (see next entry) makes this all the juicier.
2007: Sen. Larry Craig
This scandal had everything: failed attempts at sex in the seediest location imaginable; fumbling mishaps with law-enforcement agents; and one of the all-time greatest coverup lies told by any politician.. Admit it: When you heard that Craig had been arrested for allegedly playing footsy with a cop in an airport bathroom stall, you heard a muted trumpet in your head going, “Waaah, waaaah, waaaaaaaaaaaaah!” Craig’s subsequent denial of the charges was classic as well, as he said he only rubbed the cop’s foot for five minutes because he employed a “wide stance” while sitting on the toilet.
2009: Gov. Mark Sanford
What makes this scandal so bizarre really has nothing to do with the sex itself, but rather that: (a) South Carolina Gov. Sanford flew all the way down to Argentina to see his mistress and planned to stay there for more than a week; (b) he didn’t tell anyone on his staff, who proceeded to embarrass themselves by claiming that Sanford was “hiking the Appalachian trail”; and (c) he apparently didn’t think anyone in the state would notice that their governor had disappeared.
Let’s not forget about these “Moral Majoritors”:
Caleb Douglas Hesse:
First grade teacher and volunteer youth leader Caleb Douglas Hesse has been a longtime anti-gay activist and even donated to Prop 8 in California to ban gay marriage. In August 2012, he confessed to sexually abusing “numerous underage boys,” usually during overnight trips with the Evangelical Free Church youth group in Yucca Valley, CA. Investigators believe Hesse’s inappropriate contact with young boys may have spanned up to three decades, occurring in “the early 1980s and as recently as a week ago.”
George Rekers:
George Rekers, a man who helped start one of the most powerful anti-gay lobbying groups in the US during the 80s and has written published papers such as “Growing Up Straight: What Families Should Know About Homosexuality”, had a recent surgery so during a lecture tour and was unable to lift his own luggage, so he hired some help — which is perfectly reasonable.
Where did he go to get this help? Rentboy.com, baby.
He there found a young, ripped, hairless, vampire-from-a-young-adult-book-looking boy named Lucien (pictured to the left) who he brought on his trip to “lift his luggage”(which is now an awesome euphemism for hiring a male prostitute and/or having sex with a male).
Rekers denies having a sexual relationship with the boy or even knowing that he was a gay male or prostitute. There is no way to stumble upon a profile on rentboy.com, as they are all private. So obviously, Rekers had an account there.
Eddie Long:
Georgia Pastor Eddie Long, a Baptist and famed televangelist in his area. In 2004, he led a march to Dr. Martin Luther King’s grave in the name of defining marriage as between a man and a woman. He has also been quoted as saying that his church can “deliver” people from homosexuality.
He is currently being sued by four young men (ages 21, 20, 23 and 22) for using his fame and influence to coerce them into sexual relationships. The relationships lasted months and occurred during the boys’ late teens.
Troy King:
Known for his vocal opposition to gay rights and for his attempt to outlaw sex toys, King was caught by his wife while having sex with a local homecoming King (see what we did there?) from–wait for it–Troy University.
Richard Curtis:
This Washington State Representative has an anti-gay rights voting record–he voted against domestic partnerships for gays and opposed a bill prohibiting discrimination based on sexual orientation.
Oh really now? Well, it wasn’t before long that Mr. Mega-Compensation resigned from the House due to reports of his sexual encounter with a male escort being made, you know, “public” and all.
The reputed male prostitute, Cody Castagna, with whom he was cavorting, told police that Curtis offered him $1,000 to have sex with him and that Curtis purchased two gay pornographic films from the hotel for them to watch in his room.
Even more, this all went down with Curtis wearing a red negligee and Castagna has pictures to prove it. Pictures he only took as revenge when it was discovered that Curtis only had $200 in his wallet.
That’s something to smile about. For us.
I could go on, but I’m running outta room AND I’m laughing so hard people are looking at me strangely!
Family Values? Conservative Principles? OMG! That’s some good stuff! You “Family Values” clique/group / cult are too funny for words!
Seriously!
Retired Soldier
March 4th, 2013
3:20 pm
cheesy-
“Unfortunately old weakensess hold her back. But that is mostly the older generation.
Things will change. They always do !!!!”
You are correct, you will become the older generation!
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
3:21 pm
I’d like to have whatever ODD OWL is on. . . .
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:22 pm
Family Values? Conservative Principles? OMG! That’s some good stuff! You “Family Values” clique/group / cult are too funny for words!
Of course as they will quickly point out there are scandals on the Democrat side as well. And they would be right.
But when you put yourself on that pedestal as Republicans do. Then you are going to get extra heat when its show you are full of it.
independent thinker
March 4th, 2013
3:23 pm
Wingnuts sure having fun parading around showing their total incompetence and stupidity today. Nary a one has dare talk about predatory lending laws and how Georgia could have avoided the lending and real estate debacle if the stupid party and corrupt bankers and mortgage brokers did not throw out state regulations enacted under Barnes.
What would you expect for spokespersons of the stupid party in an educationally challenged state with third rate journalism?
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:23 pm
You are correct, you will become the older generation!
Yup. And the country ( and the South ) will continue to become more liberal and move to the left
Its always worked that way.
Retired Soldier
March 4th, 2013
3:25 pm
Debby-
The difference between family values for Reps and Dems is Rep know what is right yet many still fail. Dems couldn’t care less about what is right and it enhances their statue when they do wrong.
This is the same as the national debt Rep swear they want a balanced budget then cave and deficit spend. Dems say they couldn’t care less about balanced budgets or the deficit and spend and spend and spend.
Retired Soldier
March 4th, 2013
3:26 pm
Really? Since when? I do believe the south has been the most conservative area in America for many many generations.
Retired Soldier
March 4th, 2013
3:28 pm
thinker-
I do know a bit about that business, that’s why I have so much time to blog. But if you think that is the major reason for all the foreclosures in GA you don’t know reality.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
3:29 pm
I don’t know, debs, they could be RINO’s.
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:31 pm
Really? Since when? I do believe the south has been the most conservative area in America for many many generations.
The South does change slowly.
For example interacial couples were always pretty taboo in the South.
But go to a local High School. For them its no big deal.
Change IS COMING…..
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
3:33 pm
For example interacial couples were always pretty taboo in the South.
Yeah, dummycrats like George Wallace were a pain in the a$$, weren’t they?
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:34 pm
Yeah, dummycrats like George Wallace were a pain in the a$$, weren’t they?
Conservatives yes.
He would have been a Republican today.
Dusty
March 4th, 2013
3:35 pm
Debbie…..TOOOOOOO LONG!
Cheesy…killl off the “old folks”.. Use ObamaCare.
INdependent thinker…recycled to NONthinker
ODDOWL……who? who?…It was not Republicans
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:35 pm
And if you argue that point you are dumber than originally thought.
Cheesy Grits is gone but not forgotten
March 4th, 2013
3:35 pm
Cheesy…killl off the “old folks”.. Use ObamaCare.
Lie
Cherokee
March 4th, 2013
3:36 pm
“Dems couldn’t care less about what is right and it enhances their statue when they do wrong.”
I was going to make a smart aleck remark about an enhanced statue, but it’s kind of unseemly to make fun of someone so out of touch with reality
So I’ll just say ‘bless your heart…’
And the best line of the day was when Aquagirl talked about a circular firing squad, followed helpfully by Aesop whining about Lindsey Graham. But I doubt he got the irony.
Dusty
March 4th, 2013
3:37 pm
Cheesy sees the future in his psychic globe! (Psycho globe?)
Dusty
March 4th, 2013
3:37 pm
Cherokee.
You aint no honest Injun!
DebbieDoRight - A Do Right Woman
March 4th, 2013
3:38 pm
The difference between family values for Reps and Dems is Rep know what is right yet many still fail. Dems couldn’t care less about what is right and it enhances their statue when they do wrong.
I beg to differ. The only difference between the two is like what Cheesy said – One group holds themselves in such high esteem continually pointing out the other’s weaknesses (Like the Pharissees of Jesus’s day), the other group KNOWS that we are all human and therefore will fall and yet we are villified by the “holier than thous”.
What’s so funny is that the majority of those H.T.T folks, really AREN’T all that holy — they just pretend to be!
Maybe ole Ted Haggard can save them from themselves — he realized, after being discovered, that whatever you do in the dark WILL eventually come to light!
================
Aesop — what’s the difference between your garden variety Republican and a RINO? Seriously. Don’t you both describe to the same political philosophy?
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
3:39 pm
Ahhhh, to see the look of surprise on cheesy’s face when the Department of Health and Human “Services” informs it that it has become a burden to the system and perfect candidate for euthanasia.
Cherokee
March 4th, 2013
3:39 pm
“Debbie…..TOOOOOOO LONG! ”
Nope. Just right – and I’m going to use her info sometime.
She can’t help it if the list of Republican scofflaws is so long….
Dusty
March 4th, 2013
3:39 pm
Cheesy
Fi Fi , that aint no LIe. (except from U)
Cherokee
March 4th, 2013
3:41 pm
“Ahhhh, to see the look of surprise on cheesy’s face when the Department of Health and Human “Services” informs it that it has become a burden to the system and perfect candidate for euthanasia.”
This lie from the guy who lectures the rest of us about his integrity….
Cherokee
March 4th, 2013
3:42 pm
Dusty
Dusty
March 4th, 2013
3:42 pm
Wee Cherokee,
There’s enough info there for everybody in three counties. Use it. The rest U can throw away.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
3:43 pm
One group holds themselves in such high esteem continually pointing out the other’s weaknesses (Like the Pharissees of Jesus’s day),
You burn too much carbon! You’re not metrosexual enough! You make more profit than we allow! You need more taxes!
Aesop — what’s the difference between your garden variety Republican and a RINO?
Are you kidding me?
DebbieDoRight - A Do Right Woman
March 4th, 2013
3:47 pm
The truth comes out in a public restroom yet again. Florida State Representative, Robert Allen, was arrested for offering to perform fellatio to an undercover cop in the men’s room of a park for $20.
The politician backed himself up by saying he only offered the policeman oral sex because he was afraid of black people and “didn’t want to become a statistic”… which makes about as much sense to us as it does to you.
Statistics, though, show that Allen–who is married with children–has always voted against gay rights legislation.
His voting record is over 90% in line with the Christian Coalition, an advocacy group for anti-gay amendments.
He has achieved quite a bit, though, in going from anti-gay, to racist, to hypocrite, all the way to contradictory math error all in one day.
Hats off!
Dusty
March 4th, 2013
3:49 pm
TED HAGGARD? Who? Must be a friend of DebbieDoDiddle.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
3:51 pm
Let’s take chris christie for an example. fatboy governs over an area of the country where there is a majority of brainwashed pinkos who missed the lessons about the evil of austerity. So christie is forced to act like a pinko and be normal by calling himself a “republican.”
larry craig was a liberal freak who campaigned under the Republican banner because he was running for a district in which the people wouldn’t vote dummycrat to be the dog catcher.
arlen specter? joe manchin? larry vitter?
MarkV
March 4th, 2013
4:00 pm
Dusty @ 3:15 pm
“Hi, Aqua, DebbiDR and OF COURSE Cheesy and Finn all from the land of the outcasts and the outlandish. :
Hi Dusty, with your selective outrage.
Politico
March 4th, 2013
4:03 pm
“larry craig was a liberal freak who campaigned under the Republican banner because he was running for a district in which the people wouldn’t vote dummycrat to be the dog catcher. ”
Too bad you didn’t post Craig’s overall voting record, which would have shown your statement to be a lie………… but do blabber on
JDW
March 4th, 2013
4:03 pm
@Tiberius…”The last thing you do, Don’t Tread, is make a liar and a coward a dictator.”
Guess that cuts you out…O’ well you always have Tiberiusville.
DebbieDoRight - A Do Right Woman
March 4th, 2013
4:05 pm
Are you kidding me?
Nope.
Politico
March 4th, 2013
4:05 pm
“In recent years, Craig’s voting record has earned him top ratings from social conservative groups such as the American Family Association, Concerned Women for America and the Family Research Council- you know, the worldwide leaders of Theocratic bs in America. ”
Don’t let the facts get in the way of a good diatribe, Aesop.
bwhahahahahahahaha
JDW
March 4th, 2013
4:06 pm
@Tiberius…”How many of you libs on here supported TARP?”
A better question is how many reasonable people didn’t…He!! even Duhbya got it…that’s an awful low bar.
JDW
March 4th, 2013
4:09 pm
@Cheesy…”Your naivety is astounding.”
Amen…talk about a poster child for “Better to keep your mouth closed and be thought a fool than to open it and remove all doubt”
Politico
March 4th, 2013
4:11 pm
“The American Conservative Union rated Craig’s 2005 voting record at 96 out of 100 points, while the Americans for Democratic Action rated him at 15 points.”
yeah, a regular commie he was while in the Senate
hahahahahaha
http://en.wikipedia.org/wiki/Larry_Craig
Dusty
March 4th, 2013
4:15 pm
Hey! MarkV plays in the band!
OUTCASTS! OUTLANDISH! OUTRAGE!!! Your OUTAGE is awesome! Rhythm, baby, rhythm!!
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
4:16 pm
Try comprehension out sometime, when you get a chance.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
4:17 pm
because he was running for a district in which the people wouldn’t vote dummycrat to be the dog catcher. ”
Try comprehension out sometime, when you get a chance.
Dusty
March 4th, 2013
4:21 pm
My goodness, school is out!
Welcome JDW & POLITICO . Sorry though. All the good insults have been used by your buddies. Maybe there will be an opening soon.
.
Aquagirl
March 4th, 2013
4:23 pm
Aesop is not fooled by fake stuff like Congressional voting records.
DebbieDoRight - A Do Right Woman
March 4th, 2013
4:23 pm
OK — so either its taboo to say “Busty” to rhyme with Dusty on this blog OR
Kyle’s mad because I told the truth about “conservative values!”
Either way — Later Gators.
Dusty
March 4th, 2013
4:28 pm
CHEESY’s got NAIVETY?
Is that what they are calling it now?
MarkV
March 4th, 2013
4:32 pm
Dusty @4:21 pm: “Welcome JDW & POLITICO . Sorry though. All the good insults have been used by your buddies.”
Tiberius, Lil’ Barry and Aesop should feel slighted! Dusty does not consider their insults to be good!
JDW
March 4th, 2013
4:35 pm
@Dusty…”CHEESY’s got NAIVETY? ”
Nope you missed the point…I could tell you but it would be too easy…go back and read the posts.
DebbieDoRight - A Do Right Woman
March 4th, 2013
4:35 pm
Uggghh!! It was a GREAT joke too! And Kyle went and RUINED it with his “scrubbers”! It wasn’t dirty, wasn’t profane, wasn’t even rude — it was complimentary, (I posted a picture of a young attractive Charo for the Busty part of Dusty).
ti’s amazing!
Politico
March 4th, 2013
4:36 pm
Dusty
Speaking of school have you finally done your homework to figure out that the Dems don’t have the majority in the House.
You surely flunked that test, but do carry on big Dust
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
4:39 pm
The ability of leg-humpers to repeat the same thing over and over while not even commenting on the main topic knows no bounds.
Dusty
March 4th, 2013
4:50 pm
Dusty? Rusty? Busty? Musty been one of those Russkys from the Steppes! That Debbie is from far out, no doubt!! Kyle gave a shout?? Huh??
But KYLE (if U R around),.if the”electronics” here get any slower I will be posting yesterday. Could you give it an aspirin or something?
Oh and, MarkV, That’s correct. Dems here are the **** insulters. They are the best! Congrats!
Now, out to dinner. Whoopee!! No cookin’ & burnin’ tonight! Hmmyummy
JDW
March 4th, 2013
4:52 pm
@Tibeirus…”The ability of leg-humpers to repeat the same thing over and over while not even commenting on the main topic knows no bounds.”
Indeed…see above for prime example.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
4:56 pm
JDW, once again your English comprehension is lacking (as usual).
I have commented multiple times on today’s topic.
All you’ve done is thrown insults since you came on board today.
Feel fee to back pedal like your buddy MarkV does.
indigo
March 4th, 2013
5:10 pm
Tiberius – 4:39 “to repeat the same thing over and over”
And, no one here illustrates that better than you.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
5:19 pm
Indigo, I will remind you as well that you may not parse nor cut and paste my comments in order to make your case.
That is the mark of a liar.
Hillbilly D
March 4th, 2013
5:22 pm
“There is nobody at the CIA who could tell you more personally about Kim Jong Un than Dennis Rodman, and that in itself is scary.” — Col. Stephen Ganyard, USMC (ret.)
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
5:26 pm
I suggest to all of my fellow bloggers that you clean up your language and at least make an attempt to comment on the topic at hand or something tangentially related. The last page or two of comments have devolved into something ugly that might be expected at a Dekalb County school board meeting, not from a group of reasonable, thoughtful adults.
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
5:35 pm
Hillbilly D @ 5:22 :LOL: :LOL: :LOL:
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
5:35 pm
Darned CAPS!
Aquagirl
March 4th, 2013
5:47 pm
The last page or two of comments have devolved into something ugly that might be expected at a Dekalb County school board meeting, not from a group of reasonable, thoughtful adults.
Oh I agree completely….When people start hollering the cut ‘n paste is THEIRS, dammit, that is some serious Copelin-Wood territory.
independent thinker
March 4th, 2013
5:53 pm
Glad to see the wingnuts running wild on this blog showing why this is the place for the stupid party to show its vast intelligence.
MarkV
March 4th, 2013
6:00 pm
Tiberius @4:56 pm “Feel fee to back pedal like your buddy MarkV does.”
Poor Tiberius, one might even feel sorry for him, the last few days have not been kind to him, and he is trying so hard to strike back, but does not have the intellectual capacity to do so with any effect.
First he got caught with his pants down when he did not know the difference between socialism and communism, then arrogantly stood his ground and compounded the error by calling Karl Marx “father of socialism.” As a moral coward he is, instead of admitting the error or even just dropping the issue he again doubled down by writing about my pointing out his error “If it’s not worded precisely in his personal dictionary, it can’t possibly be true.” That was more than pathetic, but on par for Tiberius.
Eager for revenge, in the next blog Tiberius jumped on my claim that that one could borrow and spend himself out of debt with a demand that I showed that for a country with debt of 80% of GDP. And to cap it up, accused me of lying when I answered that I had made no such claim. Except that, as usual, he was unable to show that I did.
A sad, sad case.
JDW
March 4th, 2013
6:03 pm
@Tiberius…”All you’ve done is thrown insults since you came on board today.”
Insults? Nope, have not written a one…commented on some remarks made by another poster that fit the bill….it is kind of like holding up a mirror so that one can see the true state of oneself.
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
6:06 pm
MarkV heard the radio commercial advertising a secret method for converting debt into wealth…and called.
JDW
March 4th, 2013
6:09 pm
@MarkV…good points all but you left out my favorite…did you know that our self appointed Constitutional Authority actually posted a reference to the Federal Budget Requirements set forth in the Constitution, in a most unflattering manner I might add? We have yet to learn which Constitution because as any self taught Constitutional Scholar should know there are no such requirements in the US Constitution.
MarkV
March 4th, 2013
6:11 pm
JDW @ 6:09 pm
Thanks for letting me know. I missed that, but cannot say I am surprised.
md
March 4th, 2013
6:41 pm
“When people start hollering the cut ‘n paste is THEIRS, dammit, that is some serious Copelin-Wood territory.”
Now don’t go and hurt ole Joe’s feelings by leaving him out…..
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
6:56 pm
JDW has now joined the ranks of liars.
All too typical.
RC--apoi
March 4th, 2013
7:12 pm
Well, I agree with Sister Dusty, whatever she said. When she told us it was disrespecting the office of the President of the USA to criticize President Bush, I agreed. When she told us later it was OK to criticize President Obama, I agreed. Anyhow, don’t expect me to go against her. She’s a great customer for that
cheapmodestly priced wine sheguzzlessips and helps keep me in a job, if you want to know the truth. Whatever she says is OK by me.bluecoat
March 4th, 2013
7:22 pm
Tread softly-If the cost of beef goes up add more horse meat.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
7:24 pm
Next time you hear a pinko screeching on about global warming or some other such madness, just remember the suckwester and the total hysterical BS that accompanied it.
Who are they kidding?
Lil' Barry Bailout - OBAMAPHONE!!!
March 4th, 2013
8:14 pm
Obama not bluffing over Iran military threat, Biden tells Aipac
http://www.guardian.co.uk/world/2013/mar/04/biden-aipac-speech-iran-threat
———————–
After bluffing and getting called on the sequester, Obozo is not to be taken seriously.
Shine
March 4th, 2013
8:19 pm
I trust neitehr but i trust Dodd Frank a lot more than i do some 4 chin republican.
JDW
March 4th, 2013
8:28 pm
@Tiberius…”JDW has now joined the ranks of liars.”
Well you are half right…there is a liar amongst us…
Tiberius – pulling the tail of the left AND right when needed
February 25th, 2013
3:03 pm
Oh, Aynie Sue, a little Constitutional education is in order, missy.
The House is required to pass a budget (actually, the Congress is, but we’ll get to that later).
Tiberius - pulling the tail of the left AND right when needed
March 4th, 2013
9:00 pm
Ah, JDW the liar just repeats the same old response that has nothing to do with the subject at hand.
When you got nothing, deflect. When caught, backpedal. When exposed, lie.
You gotta wonder why anyone would do business with someone who lies like JDW does,.
JDW
March 4th, 2013
9:12 pm
@Tibeirus….
Nice try but there you are in black and white “Mr. Self Appointed Constitutional Authority”
So to summarize, I point out your shortcoming, you call me a liar, I post incontrovertible evidence to the contrary and you respond with
Ah, JDW the liar just repeats the same old response that has nothing to do with the subject at hand.
When you got nothing, deflect. When caught, backpedal. When exposed, lie.
You gotta wonder why anyone would do business with someone who lies like JDW does,.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
9:38 pm
Airports have denied a claim by Janet Napolitano, the secretary of homeland security, that the sequester is already causing long delays for travelers at security screening checkpoints.
The goons are taking a hell of a beating right now.
Aesop's Fables and other Lib Economic Theories
March 4th, 2013
9:41 pm
Arne Duncan, the secretary of education, was widely criticised last month for saying that teachers were already being laid off because of the cuts, a claim without evidence. The Washington Post’s Fact Checker blog awarded the claim four Pinocchios – its highest rating for falsehood.
A major victory for the Repugs to not have caved yet.
Cherokee
March 4th, 2013
9:45 pm
“Airports have denied a claim by Janet Napolitano, the secretary of homeland security, that the sequester is already causing long delays for travelers at security screening checkpoints. ”
As someone on another blog would say – nothing but made up Drudgey spam….
Cherokee
March 4th, 2013
9:48 pm
Kind of funny how the Wasthington Post fact checker is now the final arbiter of all discussions. When they pointed out the multitude of Romney/Ryan lies – well, let’s just say the cons weren’t quite to eager to quote them.
getalife
March 4th, 2013
10:20 pm
Yes, stay the course on deregulating the banks again.
It worked out great last time.
Only collapsed the global economy, lost millions of jobs, tanked your 401 k’s and blew out the deficit.
The party of stupid indeed.
Are you trying to lose the house too?
getalife
March 4th, 2013
10:26 pm
“Escort Says She Was Paid To Make Up Claims About Menendez” HP
bretbart again?
rw media is a joke.
bluecoat
March 4th, 2013
10:51 pm
Who wants the pugs to cave?Obama got some taxes he ask for,or got them renewed.He will go down in history with more accolades than Bush 1&2 with their 12 yrs.combined.By the end of his term Natl.gas.Lng being shipped,the economy should be hitting on all cylinders.Now if we could get some of this unemployment money working to pay more taxes.Obama with a little ingenuity,being as young as he is could possibly go for a third term.
bluecoat
March 4th, 2013
10:56 pm
Little B Do not bet he’s bluffing.He will do what Israel,and the powers ask.
Old Timer
March 5th, 2013
12:09 am
As long as the BIG BOYS & GIRLS have the money they will make campaign donations and DO WHAT EVER THE WANT–it is WASHINGTONS way of doing business. OBUMA loves it.
Jack ®
March 5th, 2013
5:46 am
Dodd’s a crook and Frank is an embarrassment. Frank is the leading lady in the housing industry crash.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
6:57 am
But according to the affidavit released on Monday, the woman now says she was paid to read from a prepared text and was videotaped without her consent.
So the libs have paid the hooker again, I see.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
7:54 am
CapitalClimate reports that record low temperatures were set in Florida on Wednesday: Naples hit 36 degrees, Tallahassee hit 18 degrees and pockets of Florida saw it get even colder with the Gainesville area dropping to 10.7 degrees in northern Florida and the Lake Okeechobee area in southern Florida dipping down to 15.3 degrees.
Global warming! They were right! Can I get a duh?
indigo
March 5th, 2013
8:30 am
Aesop – 7:54
How many times do you have to be told that climatologists predicted, years ago, that global warming would be punctuated with intense periods of cold in certain areas?
Or, when you’re told something you don’t want to hear, it’s just ignored?
indigo
March 5th, 2013
8:34 am
Aesop
For you, although this is probably a wast of time.
http://www.skepticalscience.com/global-warming-cold-weather.htm
Lil' Barry Bailout - OBAMAPHONE!!!
March 5th, 2013
8:50 am
Isn’t it convenient how the global warming believers gave themselves the get-out-of-jail-free card?
“We’re right, even though we will sometimes be very wrong”
indigo
March 5th, 2013
8:53 am
Barry
Real science is far beyond your fundamentalist homeschooling level.
Don’t even try to understand it.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
9:20 am
How many times do you have to be told that climatologists predicted, years ago, that global warming would be punctuated with intense periods of cold in certain areas?
Yes, and it would cause the seas to not rise, be less hurricanes, flat temperatures for the last decade, the sun to rise in the east, blah, blah, blah.
Go shake your chicken feet at someone that has no brain.
MarkV
March 5th, 2013
9:23 am
indigo @ 8:53 am
Don’t you understand that global warming/climate change exists only in the imagination of the leftist kooks – such as the people at the World Bank?
http://climatechange.worldbank.org/content/climate-change-report-warns-dramatically-warmer-world-century
Dusty
March 5th, 2013
9:23 am
Well, good morning. I see everyone is in agreement about the climate, lies, etc. etc.
But I read last night’s posts and there was one from that old geez…er ..gent RC-apoi. I couldn’t believe it. After his homemade still blew up under his trailer and he said it was just a SINK HOLE, I thought he’d never get out of JAIL. I mean even a guv’ment inspector knows you don’t find a puddle of “moonshine” booze at the bottom of a sink hole.
Anyway, I’m glad ol’ Red is out of jail again. Just hope he lays off the booze. It makes him even crazier than his usual crazies, DTs et al.
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
9:28 am
1407 days without a budget.
5 months and no one knows if anyone survived Benghazi.
No terrorist brought to justice for Benghazi.
Questions still exist about Fast and Furious.
Millions being sent to an unfriendly country presided over by a Jew hater.
Dennis Rodman making progress on foreign policy with N Korea.
33% of our debt accumulated under Obama.
Top 1% paying 37% of the taxes.
47% paying zero in income taxes.
The number of people actively engaged in the job market declining each month.
Millions unemployed or under employed and no sign of relief. 7.9% unemployment.
Morning in Obama’s America, and his sycophants have no shame.
Dusty
March 5th, 2013
9:39 am
Good morning, Rafe,
I have to laugh every time Dennis Rodman is mentioned. The last picture I remember about him in the news he was wearing a long white wedding dress. Don’t know how that turned out.
Is he really in North Korea? And for what?
Lil' Barry Bailout - OBAMAPHONE!!!
March 5th, 2013
9:44 am
Don’t cry, indigo, I’m sure that even if global warming is shown to be a complete fraud, you and the other corporation-bashing, profit-hating, private-property-fearing whack jobs will find a new vehicle to carry your un-American cause forward.
MarkV
March 5th, 2013
10:14 am
Dusty,
I can’t believe you have not seen Dennis Rodman on TV, gushing about his new best friend, Kim Jong Un. No wedding dress but plenty of rings in the nose and lip. Priceless!
indigo
March 5th, 2013
10:26 am
MarkV – 9:23 “don’t you understand that global warming/climate change exists only in the minds of the leftist kooks”
I do know that’s what those great intellects Barry and Aesop keep telling me.
In fact, thanks to Barry, I’ve learned I’m actually un-American.
Golly, Mark, we’re so fortunate that Kyle has such high class bloggers as Barry and Aesop here to show us the error of our ways.
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
10:33 am
Morning Trusty Dusty
Never rhymin rusty!
Yep, Rodman was ova there, he is so important now, he was invited on one of the State approved media Sunday shows. Maybe the secret to make friends with Un is, instead of food for his people, we offer him an NBA team if he will abandon his nuclear dreams. Maybe we give him the whole NBA!
clem
March 5th, 2013
10:50 am
maybe even conservatives can understand this:
http://mashable.com/2013/03/02/wealth-inequality/
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
10:54 am
indie – This may be hard to follow but just because the libs want to poke themselves in the eye and pay homily and penance to the sky gods doesn’t mean that I’m aboard with it.
Any idiot, well, most idiots would compare the recent henny penny skies falling episodic fit that obozo chose to perform in full view of the public and say to themselves, “gee, these libs sure do get worked up over nothing, rather easily, in fact.”
To believe anything you have to say would be like becoming a three year girl.
Not gonna happen.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
10:56 am
There you go clem, under obozo the rich get richer and the poor get poorer.
Nice find.
clem
March 5th, 2013
11:03 am
started under reagan
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
11:03 am
The word “FREEDOM” is among the list of banned vanity license plate slogans for Washington D.C., according a government file obtained by a Freedom of Information Request filed by the transparency website GovernmentAttic.org.
http://washingtonexaminer.com/freedom-license-plate-banned-in-washington-d.c./article/2523271
I guess for the Dems Freedom is just another word! And a bad word at that!
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
11:05 am
started with the Romans!
getalife
March 5th, 2013
11:06 am
Dow hits a record high under President Obama to add to his legacy.
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
11:11 am
TAMPA (CBS TAMPA) – Spring Breakers flocking south to Florida’s typically warm and sunny beaches are bringing along a very unwelcome guest this year – Old Man Winter.
Temperatures averaging 10 to 20 degrees below normal have taken a southward dip into the southeastern portion of the U.S., with temperature highs sitting unseasonably low in the 50 and 60 degree range.
Global warming bringing us chilly temps in FL, we gotta do something soon!
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
11:14 am
getalife
With tax hikes and rising gasoline prices sapping consumers’ pocketbooks and politicians preaching sequester gloom and doom, the IBD/TIPP Economic Optimism Index plunged 5.1 points in March to 42.2, the lowest since December 2011.
The federal economic policies confidence gauge fell 11% to 35.5, also a 15-month low. The six-month outlook index cratered 18% to 38.8, the worst since October 2011. The personal financial outlook reading lost 4.4% to 52.2, though that’s still above the neutral 50 level separating optimism and pessimism.
January personal income tumbled 3.6%, the worst monthly drop in 20 years, in the wake of fiscal cliff tax hikes on payrolls and high earners. Gasoline prices climbed day after day. Stock prices have wobbled as Italy’s inconclusive election revived concerns about the eurozone and global economy. Meanwhile, President Obama has been campaigning across the country, warning that automatic spending cuts will have a disastrous impact on government services and the economy. The sequestration just took effect this month.
Read More At IBD: Economic Optimism Plunges; 59% Say U.S. In Recession: IBD/TIPP Poll – Investors.com http://news.investors.com/economy/030513-646760-ibd-tipp-economic-optimism-index-dives-in-march.htm#ixzz2MgNacTRK
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
11:16 am
getalife
He has got a legacy alright, but it has nothing to do with the Dow. Legacy as the most divisive incompetent President ever to serve this great country.
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
11:19 am
I forgot, Obama has a legacy as the worlds most successful gun salesman!
getalife
March 5th, 2013
11:31 am
“the most divisive incompetent President ever to serve this great country.”
w is long gone and can’t even show his face.
Our President will keep serving like President Clinton.
MarkV
March 5th, 2013
11:31 am
“CapitalClimate reports that record low temperatures were set in Florida on Wednesday: Naples hit 36 degrees, Tallahassee hit 18 degrees and pockets of Florida saw it get even colder with the Gainesville area dropping to 10.7 degrees in northern Florida and the Lake Okeechobee area in southern Florida dipping down to 15.3 degrees.”
“Spring Breakers flocking south to Florida’s typically warm and sunny beaches are bringing along a very unwelcome guest this year – Old Man Winter.”
The level of ignorance, exhibited by the deniers who cite reports like the above as arguments against global/warming climate change is quite astounding. A very small temperature increase due to carbon dioxides as greenhouse gas has an enormous cumulative effect, such as evaporation of huge amounts of ocean water (leading to overall increases in local flooding or snow calamities), which increases the amount of greenhouse gases in the atmosphere, which is also a greenhouse gas, which then results in more warming, etc.. Any individual weather phenomenon, such as cold temperatures in Florida, is a completely different situation – a small increase in global temperature does not have any noticeable effect on the temperature of the cold air coming from the arctic, for example.
getalife
March 5th, 2013
11:37 am
Record Dow means record revenues to work on our deficit.
If our President was not half black, you cons would be cheering for him.
indigo
March 5th, 2013
11:40 am
MarkV – 11:31
Don’t bother trying to explain science to these fundamentalist Christians here.
Scripture is the only thing they will ever believe. Those who saw to their religious upbringing have made certain of that.
md
March 5th, 2013
11:40 am
“Record Dow means record revenues to work on our deficit.”
It’s all on paper money until it is taken out of the market, so revenue is not a given.
md
March 5th, 2013
11:41 am
“Don’t bother trying to explain science to these fundamentalist Christians here.”
Science -What we think we know as of today…….learn that and one would be wiser for it.
getalife
March 5th, 2013
11:43 am
Even the drudge report has a big smile today.
Our President is a capitalist that save capitalism.
getalife
March 5th, 2013
11:49 am
Taxes and cuts are done.
There has not been a budget passed in 16 years.
The government will be funded for another year.
Dow is at a record high but need to work on jobs but gop congress votes no on jobs,
So, all that is left is our President’s agenda.
They agree on guns, immigration and gay marriage.
Lets get it done.
Cheesy Grits is gone but not forgotten
March 5th, 2013
11:54 am
Science -What we think we know as of today…….learn that and one would be wiser for it.
Gibberish.
Science is not what we think we know.
Its what we KNOW.
Does it change. Sometimes yes. that is the beauty of it.
But guess what gravity isnt changing.
md
March 5th, 2013
12:01 pm
“Science is not what we think we know.
Its what we KNOW.
Does it change. Sometimes yes. that is the beauty of it. ”
Well Cheesy, if we know it it should never change…..right?
Once upon a time, science said the earth was flat.
Once upon a time one could only catch aids through sexual contact.
In the 70’s scientists said we were entering into a new ice age.
Of course those are just a few of many instances, shall I continue?
Just Saying..
March 5th, 2013
12:08 pm
DOW reaches all time high in President Obama’s second term.
Maybe Mitt got one thing right.
And Tib claims, despite wholesale conversion of retirement plans to 401(k)s, this performance will have no real meaning to Americans, in 3…2…1…
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
12:09 pm
The stupid is strong this morning from the liberal side.
Once again, getalife, the Dow has almost nothing to do with a healthy or unhealthy economy. It has much more to do with profitable companies which are very prevalent due to cutting expenses while keeping revenues largely flat.
Global warming remains an inconsistent theory with questionable science and data behind it. Record cold remains record cold, no matter where it is generated. Placement of sensors near known urban hot spots skews data. And if we have more people on this planet than ever before (and we do), and haven’t enacted any significant policies to curb global warming (which we haven’t), why have global temperature rises leveled off rather than accelerated?
There will be no more artificial and temporary stimulating of this economy for the rest of President Incompetent’s term of office unless it is paid for in associated budget cuts. He’s not going to get new taxes unless they are offset with budget cuts. And it is unlikely that he will get the House he wants in 2015 due to gerrymandering. It will likely stay in GOP hands through the next census unless the GOP does something galactically stupid (which is always a possibility but cannot be predicted).
His first 2 years remains a fiscal disaster, but his last 6 will be known for unbelievable levels of gridlock through lack of compromise and leadership – largely due to his rather obvious shortcomings in both areas.
“I survived the Obama Disaster” will become the best selling T-shirt and bumper sticker beginning in 2017.
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
12:14 pm
“And Tib claims, despite wholesale conversion of retirement plans to 401(k)s, this performance will have no real meaning to Americans, in 3…2…1…”
Just Saying, you may not make up what I believe when you don’t have something to contribute to the discussion.
That is the mark of a liar.
I have NEVER claimed that stock market “performance will have no real meaning to Americans”, as you suggest, but rather appropriately make the claim I have made above – that it has nothing to do with the health of the economy.
I would appreciate it if you would stop “pulling an Obama” and concentrate on YOUR beliefs, and not try to tell others what mine are.
That remains my job, not yours.
md
March 5th, 2013
12:19 pm
“despite wholesale conversion of retirement plans to 401(k)s, this performance will have no real meaning to Americans, in 3…2…1…”
And the possibility does exist that it won’t.
These are paper gains and are never realized unless one takes their profit out at that given point in time.
Cheesy Grits is gone but not forgotten
March 5th, 2013
12:20 pm
Well Cheesy, if we know it it should never change…..right?
Once upon a time, science said the earth was flat.
Once upon a time one could only catch aids through sexual contact.
In the 70’s scientists said we were entering into a new ice age.
Of course those are just a few of many instances, shall I continue?
Yes please do. Only proves my point.
Science will correct itself unlike other things like Religous dogma.
When do you think they will figure out gravity was wrong ?
There are some things we KNOW
Simply pointing out that Science is sometimes off the mark means nothing.
Science is about the process and getting to the truth.
Which it usually does quite nicely.
Cheesy Grits is gone but not forgotten
March 5th, 2013
12:22 pm
And the possibility does exist that it won’t.
Tell that to my Dad.
He has about 200k in his 401k.
That is his nest egg.
Took a beating under Bush but stuck it out and has recovered his money under Obama.
Proceed.
Just Saying..
March 5th, 2013
12:22 pm
“That remains my job…”
Tib: You’d benefit from checking your job performance evaluations, on this site.
Tiberius: He Who Must Not Be Challenged…
Cheesy Grits is gone but not forgotten
March 5th, 2013
12:23 pm
That is the mark of a liar.
Ive found a mark of a liar is to call everyone else one.
Sort of trying to beat them to the punch.
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
12:25 pm
My performance numbers are just fine on this site, Just Saying.
If I were you (and think God I’m not), I’d worry more about your positions rather than trying to state mine, OK?
getalife
March 5th, 2013
12:26 pm
The Dow is not bad for a marxist, kenyan, socialist commie pinko huh cons.
At what point do you cons admit your are liars and our President is competent.
Do it now cons.
md
March 5th, 2013
12:30 pm
“Tell that to my Dad.
He has about 200k in his 401k. ”
Are you really that dense and clueless?
Unless he pulls it out right this minute, all he has is a paper balance that equates to 200K……the market drops tomorrow and he has whatever the balance is tomorrow.
The only way he has 200k is if he cashes out when it is 200K. Get a clue there fella, learn the difference between paper balances and actual balances.
Just Saying..
March 5th, 2013
12:31 pm
“These are paper gains and are never realized unless one takes their profit out at that given point in time.”
By Jove, I believe he doth understand. Pray tell, Great Oracle, the wave of the largest generation in American begins to retire when?
And the answer is under President Obama, for those who didn’t have heart failure during Bush’s second term.
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
12:35 pm
“I’ve found a mark of a liar is to call everyone else one.”
And as soon as you can point out to one single, solitary lie I have written, Cheesy, you might actually be right for the first time on this blog.
I’m looking forward to that day.
Cheesy Grits is gone but not forgotten
March 5th, 2013
12:36 pm
Unless he pulls it out right this minute, all he has is a paper balance that equates to 200K……the market drops tomorrow and he has whatever the balance is tomorrow.
True.
But id rather have a higher paper balance and trending that way than the oppposite.
Let the good times roll !!!
md
March 5th, 2013
12:37 pm
“By Jove, I believe he doth understand. Pray tell, Great Oracle, the wave of the largest generation in American begins to retire when?”
And you think one would take it all out at one time? Do you understand the tax hit one would take doing that? And do you really think those retiring now would still have their portfolios in risky stocks?
God I hope they aren’t that clueless…………..
Cheesy Grits is gone but not forgotten
March 5th, 2013
12:37 pm
And as soon as you can point out to one single, solitary lie I have written, Cheesy, you might actually be right for the first time on this blog.
I dont really read your comments.
Yawn
Cheesy Grits is gone but not forgotten
March 5th, 2013
12:41 pm
And you think one would take it all out at one time? Do you understand the tax hit one would take doing that?
About 10 percent
Alot of them are rolling it over to a Roth IRA.
Its more liquid
Just Saying..
March 5th, 2013
12:41 pm
md, do you have any net worth (Not a trick question)?
Does that net worth have any influence on your ability to get a mortgage, loan, or any other financial decision?
Was that net worth larger when the DOW was at 6,000, and less at DOW 14,000?
You don’t have to be truthful in this public forum.
Just to yourself…
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
12:43 pm
“I dont really read your comments.”
And admitting ignorance simply proves you don’t know enough about me to make an accusation as you did, Cheesy.
Not that I didn’t already know your level of ignorance based on your posts, but why are you so quick to judge others when you admit you know nothing about them? What happened to the famous tolerance of liberals?
Just Saying..
March 5th, 2013
12:43 pm
Tib: “I’m looking forward to that day.”
Not ment to be a truthful statement.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
12:45 pm
Dow hits a record high under President Obama to add to his legacy.
uh huh
Just a quick, cranky reminder: Despite what you may have read, the Dow Jones Industrial Average did not hit a new high today in any meaningful sense.
After adjusting for inflation, the Dow was higher in 2000 than it is today. It was also higher in 2007. It would need to rise another 10 percent or so to hit an all time high in real (i.e. inflation-adjusted) terms. – NPR
So Bushie still rules, eh? Must be some accomplishment, the way the libs are bubbling with joy this morning. Maybe some day, they’ll greatness like W did.
Lil' Barry Bailout - OBAMAPHONE!!!
March 5th, 2013
12:48 pm
indigo, I have yet to comment on the validity of global warming theory on this or any blog, so anything you think you know is purely conjecture. Not that a little ignorance ever stopped you…
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
12:49 pm
Not that I’m shocked, Just Saying, but it would show just a bit of class for you to apologize for incorrectly stating my position on the stock market.
Again, I’m not expecting such a display of class from you, but it would be refreshing for you to show some for a change.
Just Saying..
March 5th, 2013
12:54 pm
“And do you really think those retiring now would still have their portfolios in risky stocks?”
Uh, Mr. Broker, take my DOW 6,000 index fund and put it into bonds.
OR, Mr. Broker, take my DOW 14,000 index fund and put it into bonds.
md, when you’re able to analyze that, you’ll have official matchbook Registered Rep status.
Love to stay longer, but the Blue Jays are at the Orioles in Sarasota.
No, enjoy YOUR day…
Cheesy Grits is gone but not forgotten
March 5th, 2013
12:59 pm
Love to stay longer, but the Blue Jays are at the Orioles in Sarasota.
No, enjoy YOUR day…
Be down there in a couple weeks myself.
Cant wait
md
March 5th, 2013
1:00 pm
“Was that net worth larger when the DOW was at 6,000, and less at DOW 14,000?”
What you seem to be missing is that the 14 is not a given. It is a “now” and can very well go right back to 6, especially by the time I retire down the road.
To answer your question, yes my paper gains are back to where they were before, but it’s ALL on paper………….
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
1:02 pm
Be down there in a couple weeks myself.
Be sure to pack some sweaters, mittens and long johns, global warming has attacked the tropics, duh.
md
March 5th, 2013
1:02 pm
“About 10 percent
Alot of them are rolling it over to a Roth IRA.
Its more liquid”
10%?
The rate is based on tax bracket……and if one took 220k all at once as income one would NOT be in the 10% bracket.
Same for roth conversion……to convert one has to pay the tax up front…..ALL the tax at one time.
md
March 5th, 2013
1:07 pm
“Uh, Mr. Broker, take my DOW 6,000 index fund and put it into bonds.
OR, Mr. Broker, take my DOW 14,000 index fund and put it into bonds.”
If they were planning on retiring now, they were stupid to even be in stocks when the dow went down to 6000…..that is what you seem to be missing.
getalife
March 5th, 2013
1:12 pm
It was the rw media daily caller that set up hookergate.
rw media is a joke.
getalife
March 5th, 2013
1:13 pm
The speaker was right.
Our President is going for the house to annihilate the gop.
Speaker Pelosi is ready to lead.
getalife
March 5th, 2013
1:15 pm
md,
The market closed at 6000 but it would have gone lower.
The market hit a record high thanks to President Obama.
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
1:19 pm
“The market hit a record high thanks to President Obama.”
Not intended to be a factual statement, except that when companies retrenched due to inconsistent and unworkable economic polices proposed by President Incompetent, they saved their money instead of spending it.
In that regard only can this president’s actions be considered a catalyst for the Dow reaching it’s current level.
md
March 5th, 2013
1:20 pm
“The market hit a record high thanks to President Obama.”
Actually has more to do with the 20 million put out on the street and Ole Ben running the printing presses non-stop. But you are quite welcome to continue your fantasy……..
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
1:20 pm
“Speaker Pelosi is ready to lead.”
Not in any lifetime.
getalife
March 5th, 2013
1:21 pm
Facts are facts.
The buck stops with the President so he gets the credit to add to his legacy.
This President rocks and you know it.
md
March 5th, 2013
1:26 pm
“The buck stops with the President….”
The buck can never stop with one that never takes any responsibility. The entire admin says someone else did this or that.
Watched Janet last night say “I had nothing to do with releasing those illegals”…..and that is her show.
They sure do know how to point fingers though……..
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
1:32 pm
Let’s listen in on the liberals from the 3rd Century -
mayaneesy – Sir, we’ve sacrificed 700 people this morning but the Sun God is still hot and angry with us.
mayanV – Well, go get another 700.
Aesop’s – Maybe the sun is supposed to be hot? The vegetation seems to like it.
mayanV – Heretic! Savage!
mayaneesy – Yeah, you neanderthal, don’t you know that 99.9% of the Heart Removers Association says sacrifice is the only thing keeping us from oblivion? That and their 10% hike in this years budget, if mayanobozo ever get’s around to drafting one.
just mayin – Yeah, you’re really stoopid.
Aesop’s – Whateva.
bluecoat
March 5th, 2013
1:32 pm
I think it should be Prince Obama,messiah sounds more conservative like.
Finn McCool (The System isn't Broken; It's Fixed)
March 5th, 2013
1:36 pm
The Swiss people aren’t blinded like our people:
Yesterday, voters in Switzerland overwhelmingly approved new measures to clamp down on executive pay. Under the approved referendum — which means that the new provisions will be added to the Swiss constitution — shareholders will have the ability to veto executive pay packages, so-called “golden parachutes” will be outlawed, and executives who defy the rules could see jail time.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
1:38 pm
Yes, the vast economic power that is Switzerland.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
1:39 pm
What would Switzerland be without American liberals hiding their moneyfrom the IRS within their banking system?
Finn McCool (The System isn't Broken; It's Fixed)
March 5th, 2013
1:39 pm
Not intended to be a factual statement
Not surprised this person doesn’t understand the definition of “fact.”
Finn McCool (The System isn't Broken; It's Fixed)
March 5th, 2013
1:42 pm
In the Dodd-Frank Wall Street reform law, shareholders of U.S. corporations were also given new powers meant to rein in executive pay. However, Dodd-Frank only gives shareholders a non-binding vote, meaning that the corporation is able to essentially ignore it.
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
1:46 pm
“The Swiss people aren’t blinded like our people:”
Point in fact, the Swiss don’t live under a Constitution such as ours, which does not allow for such a law to be passed.
But don’t let facts get in the way of more misinformation, Finn.
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
1:46 pm
U.S. Vice President Joe Biden said there remains “time and space” for diplomacy aimed at averting military action to prevent Iran from becoming a nuclear weapons power.
blah, blah, blah, yeah, plus the suckwester will be the End of Western Civilization.
You people in Israel should be very, very worried.
Either that or punk Iran by yourself. Two days and that will be that. Let obozo cry in his turbin.
JDW
March 5th, 2013
1:47 pm
@Tiberius…”And as soon as you can point out to one single, solitary lie I have written, Cheesy, you might actually be right for the first time on this blog. I’m looking forward to that day.”
You are one seriously impaired Dude that apparently can’t remember all the way back in time to 8:28pm yesterday on this very blog…only question is what other…ahemmmmmm….factually challenged statements will you make today.
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
1:48 pm
“The buck stops with the President so he gets the credit to add to his legacy.”
Creating false credit doesn’t replace earning real credit, getalife.
Of course, creating a phony picture of what a President should perform like is the way you libs seem to operate, so maybe it’s just par for the course with you on this current incarnation.
bluecoat
March 5th, 2013
1:53 pm
Real credit you know like mission accomplished.
Finn McCool (The System isn't Broken; It's Fixed)
March 5th, 2013
2:00 pm
Yeah, what we need is more leadership from the Con party:
Though ACORN has been shut down for some time, House Republicans are still trying to defund it. A provision in a short-term budget bill introduced by the House Appropriations Committee would cut funding to the group, which advocated for low-income families, but was stripped of all federal funding in 2009 and shut down in 2010.
what idiots.
bluecoat
March 5th, 2013
2:04 pm
what would switzerland without the liberals money? ROMNEYLAND
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
2:05 pm
“You are one seriously impaired Dude that apparently can’t remember all the way back in time to 8:28pm yesterday on this very blog”
Seriously impaired, JDW?
Look in the mirror, sonny.
Given the FACT that I made NO COMMENT AT ALL at 8:28 pm yesterday, you have once again failed in your never-ending quest to prove me wrong.
Tiberius - pulling the tail of the left AND right when needed
March 5th, 2013
2:10 pm
Now it’s off to stir up the PRIVATE sector economy for a few minutes while JDW takes some time to figure out how idiotic he just looked.
Later!
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
2:13 pm
Remember the “Domino Theory?”
On Saturday afternoon, Yale hosted a “sensitivity training” in which students were asked to consider topics such as bestiality, incest, and accepting money for sex.
“People do engage in some of these activities that we believe only for example perverts engage in,” she said. “What the goal is is to increase compassion for people who may engage in activities that are not what you would personally consider normal.”
What did we tell you?
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
2:14 pm
It was also higher in 2007.
So, higher in 2000 and 2007 in real dollars, but Finn/Cheesy said his father was getting killed in the market under Bush. How was that Finn?
Well, maybe in 2008, which was a really bad year, but it is deceptive to always imply that Bush’s economy was a disaster. Yes, he had a recession that started in 2008 and lasted into 2009. He had a relatively good economy from 2001 to 2007. Six good years out of eight makes one an economic genius, compared to Obama 0-5 performance and Carter’s 0-4.
We haven’t had one good year under Obama. When is his first good economic year going to start, just wondering?
Cheesy Grits is gone but not forgotten
March 5th, 2013
2:21 pm
but Finn/Cheesy said his father was getting killed in the market under Bush
He did. Did you see the disaster he left when he left ofice.
That wasnt a coincidence.
It was the effect of his policies.
Cut taxes during war time ( Unprecedented in US History ) and deregulated everything so his banking and enron buddies could go nuts.
Worst President Ever.
And im not Finn
Aesop's Fables and other Lib Economic Theories
March 5th, 2013
2:21 pm
The best indication that the Fed’s bond-buying purchases are pushing stocks up artificially is that investors run for cover whenever there is a hint that the Fed might change course, as happened recently. On Monday, billionaire superinvestor Berkshire Hathaway CEO Warren Buffett told CNBC that markets are on a “hair trigger” waiting for signs of change from the Fed. The market is “hooked on the drug” of easy money, Dallas Fed President Richard Fisher told Reuters.
You know what I mean?
Cheesy Grits is gone but not forgotten
March 5th, 2013
2:22 pm
Of course, creating a phony picture of what a President should perform like is the way you libs seem to operate,
I can see Bush landing on the Aircraft Carrier now.
Cheesy Grits is gone but not forgotten
March 5th, 2013
2:24 pm
Let’s listen in on the liberals from the 3rd Century –
The founding fathers were all liberals.
Washington, Jefferson, Franklin, Thomas Paine,
Liberals all.
Rafe Hollister preparing for an Obamanist America
March 5th, 2013
2:31 pm
MarkV
Yes, save the poutrage, I know that a few cool days in FL in Mar doesn’t disprove GW. Just like a warm decades out of millions of decades doesn’t prove GW either.
I just love to poke fun at anyone who thinks that cold weather is a symptom of GW. The advocates of GW are smart, they claim both sides, if it is colder that is a symptom of GW, if it gets real hot, well we warned you!!
Something relatively complex like the human body, readily available for examination, analysis, and research and studied since time began continues to mystify scientists, yet extremely complex climate systems are so easily understood, some experts claim it is settled science, that there is man caused GW.
Some simple questions, and we could go on for days, that seem simple but remain unanswered.
Are antioxidants good for you? Why is the flu vaccine so impotent in the elderly? Should women take calcium? What causes Alzheimers? Why is aspirin so effective for some many maladies?Inquiring minds want to know; yet GW is settled, right.
JDW
March 5th, 2013
2:37 pm
@Tiberius…”Given the FACT that I made NO COMMENT AT ALL at 8:28 pm yesterday, you have once again failed in your never-ending quest to prove me wrong.”
:ROLL: :ROLL: :ROLL: :ROLL: :ROLL: :ROLL: :ROLL: :ROLL: :ROLL: :ROLL: :ROLL: :ROLL:
You are just like a five year old with your mouth full of cookie going… Cookie? What Cookie, I don’t have a cookie…all the while chewing and swallowing.
JDW
March 5th, 2013
2:37 pm
Hillbilly D
March 5th, 2013
2:39 pm
Looks like Kyle must’ve fried that rooster.
Rafe's sock puppet
March 5th, 2013
2:42 pm
Cheesy
So, your Dad did well in the Stock Mkt for 6 years. Did he think it was going to continue forever? When one gets in, one expects downturns, the downturn was severe in 2008/09, but the market has bounced back. I stayed in and made my money back.
Stocks go up and down and have since they created the stock market. Tell your father that the Market is not going to stay in the 14000 range forever, even tho you think the Messiah has brought forth this great economic healing, there will be more corrections, and past performance is not an indicator of future returns. (No charge for passing on the stock brokers advice)
Cheesy Grits is gone but not forgotten
March 5th, 2013
2:46 pm
I just love to poke fun at anyone who thinks that cold weather is a symptom of GW.
You really dont get it.
Are antioxidants good for you? Why is the flu vaccine so impotent in the elderly? Should women take calcium? What causes Alzheimers? Why is aspirin so effective for some many maladies?Inquiring minds want to know; yet GW is settled, right.
There are logical answers to all those questions.
My bet is Science answers them someday.
They have the greatest track record in human history of improving mankind and finding the truth.
Kyle Wingfield
March 5th, 2013
2:46 pm
Hillbilly: I got hungry
That said, there is a new post upstairs.
Cheesy Grits is gone but not forgotten
March 5th, 2013
2:47 pm
So, your Dad did well in the Stock Mkt for 6 years. Did he think it was going to continue forever?
Yes until the full effect of W’s incompentence come to the front.
Then it was a disaster.
bluecoat
March 5th, 2013
2:51 pm
May have mistaken the rooster for Big Bird.
Finn McCool (The System isn't Broken; It's Fixed)
March 5th, 2013
2:55 pm
Christian Megachurch in Foreclosure After Preacher Paid Himself Millions in Donated Cash
suckers!!!!