Barack Obama

[randolph]

Did you all see Frontline on PBS? Bernake et. al. are clue less they really have no idea how to deal with this crisis. They are just throwing money at it and hoping it works! God save us!

Well at least we can play with ourselves and dream about ladyboys. We don't need a loan for that unless we want to go to Thailand!

[randolph]

Here's a treat for all you Repubs. Yeah I know you don't need to say I told you so.

[CreativeMind]

Originally Posted by randolph

Here's a treat for all you Repubs. Yeah I know you don't need to say I told you so.

Well, politics have erupted yet again over that very cartoon you posted. Which everyone with a functioning brain should know combines two simple things -- the sad innocent that happened yesterday where an elderly woman was attacked by an out of control chimpanzee, which police then had to shoot AND the current economic crisis and the bailout bill, which polls show everyone basically hates and really was written by a bunch of dumb monkeys (ie. Congress).

Of course now the Left is out in force and all over talk shows, calling that cartoon a racist slur against Obama (even though the monkey is clearly meant to symbolize EVERYONE that's in government right now), plus they're bitching that the idea of even alluding to him being a chimp is demeaning to the office of the Presidency.

Which I find laugh out loud funny (and utterly hypocritical) since the far Left just spent the last 8 years openly calling and nicknaming Bush "the chimp".

So, I guess it was okay to label Bush a chimp or use images portraying him as a monkey, yet when you call Obama that it becomes grounds for censorship and demanded public apologies and all sorts of pther things. Which brings us full circle to my post above about the laughable idea that today's mainstream media will ever go after Obama fairly versus acting as his perpetual press secretary and protector.

[randolph]

Signs Of The Times

That the Financial Times has a headline that reads "Greenspan Backs Bank Nationalization" is truly a sign that we live in strange, strange times. Any moment now the sun shall become as black as sackcloth of hair, and the moon shall become as blood, and the stars of heaven shall fall unto the earth, even as a fig tree casteth her untimely figs, when she is shaken of a mighty wind, and the seas shall turn to blood, and we shall hear an angel flying through the midst of heaven, saying with a loud voice, Woe, woe, woe, to the inhabiters of the earth by reason of the other voices of the trumpet of the three angels, which are yet to sound!

But in the general amazement, it's important not to lose sight of the fact that Alan Greenspan is not just one of the last people on earth I would have expected to endorse nationalization. He's also one of the people most responsible for the calamity that makes nationalization necessary (though as Yves Smith reminds us, he is not alone.) " "Greenspan Backs Bank Nationalization" is not like "Hayek: Keynes Was Right!". I've been trying to figure out what it is like, and I've come up with a few possibilities:

"Kaiser Wilhelm Backs Surrender To France, Allies:
Wars Of Aggression Wrong, German Monarch Claims"

"Typhoid Mary: Attention To Hygienic Food Preparation Vital To Public Health"

"Mao Zedong Backs Privatization:
'Great Leap Forward' An Act Of Idiotic Hubris That Cost Millions Of Lives For No Earthly Reason, Dictator Concedes
Backyard Smelters 'Particularly Boneheaded'"

"Sherman To Atlanta: Oops! My Bad!"

"Alaric: Great Cities Should Be Left Unmolested:
'I Liked Rome Better Before We Sacked It', Visigoth Laments"

"Satan Backs Christ's Effort To Redeem Mankind On Cross:
Regrets Involvement In Fall"

So what do the Repubs think of this?

[TracyCoxx]

Originally Posted by randolph

But in the general amazement, it's important not to lose sight of the fact that Alan Greenspan is not just one of the last people on earth I would have expected to endorse nationalization. He's also one of the people most responsible for the calamity that makes nationalization necessary (though as Yves Smith reminds us, he is not alone.)

Greenspan says it's necessary to temporarily nationalize some banks. And says "I understand that once in a hundred years this is what you do."

As for his responsibility in the calamity. What did he do? Force Freddie and Fannie to make loans available to people who couldn't afford them? No... that was Carter & Clinton.

[randolph]

Latest news from Transmicro.

Dr. Lotta Cummings recently returned from Thailand and reported on her research. She analyzed the IQ of visitors to ladyboys before and after imbibing in ladyboy cum for several days. To her amazement, she found that IQ increased significantly after consuming ladyboy cum.

It occurred to me that this might be the solution to our problems in Washington. We should arrange for Hank to send a planeload of ladyboys to Washington for the exclusive use of politicians.

[TracyCoxx]

There's a woman in my town who can't pay her mortgage. ACORN is coming to her rescue and organizing a sit in and saying she does not have to be evicted. Apparently they think the bank should just eat that loss. If banks can't depend on getting loans paid off, they might stop making loans. Oh wait... that's what was already happening. Let's see... who was behind that the first time? Oh yeah ACORN. The ones who are eligible for a 4 Billion dollar atta-boy from Obama's spendulous package.

Let's make a new welfare program... let's have the government start bailing out people who can't pay their mortgage. Gee now, what effect do you think that will have on the economy? Well Obama wants to find out.

Originally Posted by FoxNews

Obama's $275 billion program offers $75 billion in incentives to lenders to lower payments by at-risk homeowners to 31 percent of their income. The other $200 billion would be drawn from money approved by last year's Congress to bolster efforts by federal lenders Fannie Mae and Freddie Mac to offer affordable mortgages and bring stability to the housing market.

That's right. A new multi-hundred billion dollar bailout package. And no, we don't have that money either.

10-05-08

Originally Posted by TracyCoxx

Hey, if Obama is elected, do you think he'll tell mortgage companies to stop making bad loans to minorities? LOL fat chance. Then of course, he'll raise taxes on businesses, so all these factors combine into sort of a perfect storm for financial disaster. So this is only the beginning.

Anyone listening to me yet?

[TracyCoxx]

Originally Posted by CreativeMind

So, I guess it was okay to label Bush a chimp or use images portraying him as a monkey, yet when you call Obama that it becomes grounds for censorship and demanded public apologies and all sorts of pther things. Which brings us full circle to my post above about the laughable idea that today's mainstream media will ever go after Obama fairly versus acting as his perpetual press secretary and protector.

Thou shalt not criticize Obama. That is illustrated in the mainstream media where hardly anyone noticed that Obama sent over 17000 troops to Afghanistan. And certainly no one here has criticized this when if Bush had done it, he would be called everything from Warmonger to Hitler.

There's also this:

Originally Posted by NyTimes

"Even as it pulls back from harsh interrogations and other sharply debated aspects of George W. Bush's 'war on terrorism,' the Obama administration is quietly signaling continued support for other major elements of its predecessor's approach to fighting al-Qaeda. In little-noticed confirmation testimony recently, Obama nominees endorsed continuing the CIA's program of transferring prisoners to other countries without legal rights, and indefinitely detaining terrorism suspects without trials even if they were arrested far from a war zone. The administration has also embraced the Bush legal team's arguments that a lawsuit by former C.I.A. detainees should be shut down based on the 'state secrets' doctrine. It has also left the door open to resuming military commission trials."

Not to mention the troops he's committed to Afghanistan. Of course, I have no problem with this, but where is the outrage from all the peaceniks here? I guess it goes back to the Golden Rule: Thou Shalt Not Criticize Obama