Barack Obama

randolph · #1 02-19-2009

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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 · #2 02-19-2009

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.

Quote:

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

Quote:

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?

randolph · #3 02-19-2009

Quote:

Originally Posted by 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.

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

10-05-08

Anyone listening to me yet?

So do you have a better idea?
Oh sure, people can sleep in their cars, but what if they have lost their car? Oh, to hell with them they are too stupid to worry about, let them find some cardboard to sleep under. After all we are a "poor" country, we cant afford to take care of ugh, poor people, its all their own fault anyway. Sighing on to easy loans on houses that would gain in value. After all the smartest people in the country believed that, even the great guru Mr. Greenspan believed it. Why should we question all that wisdom, I'm just a poor working stiff who wants a roof over my head.

TracyCoxx · #4 02-20-2009

Quote:

Originally Posted by randolph

Sighing on to easy loans on houses that would gain in value. After all the smartest people in the country believed that, even the great guru Mr. Greenspan believed it. Why should we question all that wisdom, I'm just a poor working stiff who wants a roof over my head.

You still haven't explained Greenspan's role in the financial crisis. Bush has been trying to warn congress starting in 2001 with this:
The Administration's FY02 budget declares that the size of Fannie Mae and Freddie Mac is "a potential problem," because "financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity."

And repeatedly warned congress throughout his 2 terms. He warned them 17 times in 2008 alone. Democrats continued to say Fannie & Freddie were fine right up until they collapsed. Perhaps it was those "smart people" you were listening to?

Quote:

Originally Posted by randolph

So do you have a better idea?
Oh sure, people can sleep in their cars, but what if they have lost their car? Oh, to hell with them they are too stupid to worry about, let them find some cardboard to sleep under. After all we are a "poor" country, we cant afford to take care of ugh, poor people, its all their own fault anyway.

If anyone, from the US government down to Joe Blow, has financial problems and debt, you need to cut spending. The republican congress and Bush both had problems with this. $261 billion of our 2008 budget goes towards interest on the debt. So you need to cut spending. Quit living beyond your means, or else the debt will obviously continue to grow. And you'll have to cut it drastically just to be able to actually start reducing the debt. That's not what Obama wants to do though. His solution is to go orders of magnitude beyond the overspending that the republicans have done. Which will lead to hyper-inflation.

The American people are not too stupid to earn a living. But increasingly they have been getting too lazy, and they've been able to pull off being lazy because the democrats will side with them and say ohh poor us. We need a hand out. And increasingly the lazy are getting hand outs. Being lazy works for them. And it's working for that lazy idiot in my town who has ACORN flocking to her rescue.

TracyCoxx · #5 02-20-2009

http://www.youtube.com/watch?v=cMnSp4qEXNM

randolph · #6 02-20-2009

Ahem! Who created all this current debt?
If anyone, from the US government down to Joe Blow, has financial problems and debt, you need to cut spending. The republican congress and Bush both had problems with this. $261 billion of our 2008 budget goes towards interest on the debt. So you need to cut spending. Quit living beyond your means, or else the debt will obviously continue to grow. And you'll have to cut it drastically just to be able to actually start reducing the debt.

Also, it was not Milton Friedman who created this mess but his fiscal philosophy that dominated the Chicago school of economics in the 50s and 60s. The naive belief that capitalism can automatically regulate and control itself without government regulation. There is absolutely no evidence in history to support that belief. Capitalism is the way to generate wealth, no doubt. However, it must be carefully regulated to prevent excessive speculation and criminals like Madoff from screwing things up. Granted, when the good times roll every body wants to get into the act and commonsense goes out the window. The encouragement of low income people to buy houses was not a bad idea in itself, IF carefully regulated. The illusion that housing values would go up forever is what messed up the system. Greenspan further encouraged the speculation by keeping the Feds interest rate too low. The final problem is the innovative creation of bundled securities that nobody really understood and were completely unregulated. Greenspan had no idea how the financial risk was spiraling out of control.
Anyway, we are all in this together!

A democrat decided to buy a used car and went to a dealer who happened to be a republican. The dealer showed the democrat a car and they took it out for a test drive. The democrat took over driving and as they started to cross a railroad track the car stalled. The democrat was frantically trying to get the car started as a train bore down on them. The republican salesman said, forget about getting the car started, I am a republican and I believe the train will stop before it hits us.

franalexes · #7 02-20-2009

http://www.cnbc.com/id/15840232?video=1039849853

Some people are starting to figure it out.

CreativeMind · #8 02-20-2009

Quote:

Originally Posted by randolph

A democrat decided to buy a used car and went to a dealer who happened to be a republican. The dealer showed the democrat a car and they took it out for a test drive. The democrat took over driving and as they started to cross a railroad track the car stalled. The democrat was frantically trying to get the car started as a train bore down on them. The republican salesman said, forget about getting the car started, I am a republican and I believe the train will stop before it hits us.

Of course, the ACTUAL punchline to this story being...

With the train's warning horn honking again and again, the Republican finally did have the brains to step out of the car. Why? Because a fucking train was bearing down on them and he realized it was the only sane thing to do.

Meanwhile, the Democrat continued to just sit in the car because he felt the car breaking down wasn't his fault. Even though this was the car HE examined on the lot and HE picked to drive and even though HE was the one driving it.

So, true to his political beliefs and even with a goddamn freight train bearing down on him -- its warning horn STILL repeatedly blowing -- the Democrat was more than willing to sit there, arms folded across his chest like a spoiled child having a temper tantrum, till somebody ELSE came along and GAVE him a new car or till somebody ELSE came along and THEY PAID for repairing his car or till somebody ELSE came along and got behind his car and using THEIR sweat and effort pushed him out of the way -- all while he continued to sit comfortably in the car, putting in no effort at all on his part.

Because in the end, why should the Democrat have the simple common sense to open the car door and get out himself when he can get somebody else to do it for him?