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  #46 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Why are you so frothy about this, LBS?

Can we expect you to be frothy about all the gaffes that the politicans make? I ask because you seem to give Biden's blatant racism a brush off? Doesn't racism concern you?

It does me.
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  #47 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by Tim View Post
Oh - ye gods.

Stop digging yourself deeper.

This is nothing like Bear Sterns. You are unaware of the structure of these companies. You can keep pushing, but you are quite wrong.

They are government backed mortgage companies that allowed for market participation, and as a result they were allowed to set up something equivalent to their own hedge funds. It was a terrible idea and has now collapsed.

The clearest argument comes from Holman Jenkins in the WSJhttp://http://online.wsj.com/article...333956835.html

For decades they have attempted to stradlle the line between government backing and private enterprise. Now we are all paying the price.

But there is no question you are wrong.

Read you own quotes:

Their lenders grant them favorable interest rates, and the buyers of their securities offer them high prices, as the implicit involvement of the Federal government gives them a sense of financial security.

THey are not technically guaranteed - but the special deal allowed them an implict guranatee.
You're making arguments that aren't there.

The management and investment strategies/guidelines of the companies are irrelevant to the conversation. The nature of the companies why they failed and their relation to taxpayers is what was being disussed. These are mortgage instutions that gave out too many subprimes.... they are in poor financial condition as a result......

This whole line of argument goes way beyond and tangentally away from Palin.

I imagine that's the idea.
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  #48 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by Si modo View Post
Why are you so frothy about this, LBS?
I'm kind of getting gangbanged here.... So I'm not frothy, just being put in a defensive posture.

It's not worth rational debate if people are going to get bent out of shape.

Perhaps Palin has tremendous grasp of the Mortage Crisis and the Economy. Who am I to question?
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  #49 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
Spare me. I was correct. My facts were straight.

Fannie and Freddy are GSE's that are privately owned and they are not taxpayer funded.

They are but 2 of many institutions who gave out way too many sub-prime ARMs and are now paying the price. Bear Stearns was hit by the same thing and bailed out for the same reasons.

Government sponsored enterprise - Wikipedia, the free encyclopedia


Bailing out Fannie and Freddie was not an example of cutting bureaucracy as Palin stated. They were bailed out for economic stability and to keep outstanding mortgages intact... it was not bailed out to save taxpayer money.
lbs, if this were so they would not be run by former gov. operatives and would not need to be the no.1 and 2 lobbyists mechanisms in the country, they have to always make sure they are one step ahead of what occurred today, as the string finally ran out and Tim has touched on exactly why as to their operating status and benefits accrued by straddling the fence at out gov.s allowance.

Bush signed a bill in july, he opened up our treasury, completely, anyone no matter how clumsy they put it, in vernacular you may find issue with, who wishes to stop the bleeding gets my vote.


Quote:
it was not bailed out to save taxpayer money

of course it was, it was taken under stewardship to stop the bleeding as allowing it to continue would , cost MORE, each and every quarter as to what eventually will be needed from the TAXPAYERS.
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  #50 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
You're making arguments that aren't there.

The management and investment strategies/guidelines of the companies are irrelevant to the conversation. The nature of the companies why they failed and their relation to taxpayers is what was being disussed. These are mortgage instutions that gave out too many subprimes.... they are in poor financial condition as a result......
Shameless nonsense.

You have no answer to my evidence, and you now dismiss the whole thing.

Your whole point is that she was incorrect about something you claim to be correct about. You can hardly denounce someone for being wrong about something when your posts make it clear you know nothing about it.

Quote:
This whole line of argument goes way beyond and tangentally away from Palin.

I imagine that's the idea.
Garbage.

At no time have I defended Palin's comments on the economy, and I would not unless I agree. I have very high standards for politicians and I parse all of their statements, especially on the economy.

If you are going to attack any politician, get your facts clear before you announce your outrage. Otherwise the thread doesn't make much sense, does it?
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  #51 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
I'm kind of getting gangbanged here.... So I'm not frothy, just being put in a defensive posture.

It's not worth rational debate if people are going to get bent out of shape.

Perhaps Palin has tremendous grasp of the Mortage Crisis and the Economy. Who am I to question?

no, I just think you really honestly believe palin fucked up, and I am not arguing with your belief per se', just its rationale. You are free to believe what you will, we are debating the rationale behind it.

come on, gimme a hug....
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  #52 (permalink)  
Old 09-08-2008
Tim Tim is offline
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
I'm kind of getting gangbanged here.... So I'm not frothy, just being put in a defensive posture.
Because you don't know your facts.

Quote:
It's not worth rational debate if people are going to get bent out of shape.
I am attempting just that on a subject of great interest - but you are defending your own mistakes.

Quote:
Perhaps Palin has tremendous grasp of the Mortage Crisis and the Economy. Who am I to question?
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  #53 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

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Originally Posted by Tim View Post
I have very high standards for politicians and I parse all of their statements, especially on the economy.
So what's your take on Palin's comments regarding Fannie and Freddie? Did your fury toward her equal your's toward me?

Did you even watch the video in order to accurately parse all of her comments in context using your high standards?
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  #54 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

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Originally Posted by TheLastBoyScout View Post
I'm kind of getting gangbanged here.... So I'm not frothy, just being put in a defensive posture...
That's not my goal. As Imperator implied, this relativistic partisanship of yours is something new. I am surprised by it.
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  #55 (permalink)  
Old 09-08-2008
Tim Tim is offline
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
So what's your take on Palin's comments regarding Fannie and Freddie? Did your fury toward her equal your's toward me?
Yes

Quote:
Did you even watch the video in order to accurately parse all of her comments in context using your high standards?
I read her words verbatim. I didn't see the video. I assume it is the same.

Yes, I am disgusted by the lack of knowledge. I am serious when I say that I hold to the same standard. The level of idiocy regarding the economy is very serious.
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  #56 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by Imperator View Post
no, I just think you really honestly believe palin fucked up, and I am not arguing with your belief per se', just its rationale. You are free to believe what you will, we are debating the rationale behind it.

come on, gimme a hug....

I respect your opinion. And it's more trying to type fast to match the fury of the many against the one.

This whole thread has had a lot of backlash. I better watch insulting Palin as it seems to elicit visceral reaction.

I won't hug you, ya fag. But someday if we meet, I'll shake your hand.
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  #57 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
I respect your opinion. And it's more trying to type fast to match the fury of the many against the one.

This whole thread has had a lot of backlash. I better watch insulting Palin as it seems to elicit visceral reaction.

I won't hug you, ya fag. But someday if we meet, I'll shake your hand.
good enough.



hey as I said, I will say it appears now that the crest of the palin wave is high, if the roles were reversed, I’d be like who the *uck is this and where in hell did she come from? We are all hyper sensitive, tis the season.

Be patient young jedi, she is not perfect, no one is and we will have plenty ahead, I guarantee you we'll have a palin gaffe no one can parse before, oh, my over and under is, 2 weeks.
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  #58 (permalink)  
Old 09-08-2008
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by Si modo View Post
That's not my goal. As Imperator implied, this relativistic partisanship of yours is something new. I am surprised by it.
I'm not an undecided voter. I've decided to vote for Obama long ago. But I'm more of a pragmatist than a partisan. I think the Republican and Democratic parties are both extreme in their own ways and find their partisan attituedes disgusting.

Much of what I put fourth is tactical, unemotional, and sometimes disingenuous.

I would probably make a good politician myself.
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  #59 (permalink)  
Old 09-08-2008
Tim Tim is offline
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by TheLastBoyScout View Post
I respect your opinion. And it's more trying to type fast to match the fury of the many against the one.
No need for that if you had gotten your facts clear.

Quote:
This whole thread has had a lot of backlash. I better watch insulting Palin as it seems to elicit visceral reaction.
Yes, it's all because you're so stuffed with truth and we can't take it!

Self-pitying rubbish. Read up on those companies and then get set for a debate.
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  #60 (permalink)  
Old 09-08-2008
Tim Tim is offline
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Re: Palin Makes Huge Gaffe: Doesn't understand Mortgage Bailout.

Quote:
Originally Posted by Imperator View Post
... We are all hyper sensitive, tis the season.
Wanting a legitimate discussion on the economy is not being hyper-sensitive.

Quote:
Be patient young jedi, she is not perfect, no one is and we will have plenty ahead, I guarantee you we'll have a palin gaffe no one can parse before, oh, my over and under is, 2 weeks.
Good gosh.

Are you dispensing comfort, Obi-Wan? Let's get back to the fight.
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