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hollies, check it out-newsflash!


austinberries

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>>hollies: Trying to pin the present day financial meltdown, which is tied to the subprime meltdown, is silly and shows a lack of true understanding of the problem.

>> mellie: I'm just saying I don't agree with holding elected officials accountable for mistakes made by business owners, other people we entrusted, and yes - sometimes ourselves.

actually it is that simple, & the public is definitely most justified in blaming the politicians, b/c they specifically opened the doors (mostly Repubs) to the very deregulatory practices (yes hollies, including, but definitely not limited to the mortgage industry) that legally allowed businessmen to do things that were previously not allowed, & conduct unethical, risky, shady, smoke & mirrors, quick-profit, dangerous, & very destabilizing financial, accounting, & investment practices for short-term (& often artificial) gains

sorry, to say that politicians aren't accountable here is to have your head buried 6 ft in the sand. the politicians sit squarely in the lap of & pass legislation for the lobbyists, who lobby for the businessmen & corporations to open these thing wide open for them, & then greed runs its ugly & predictable course

there's a very specific reason these things were regulated for decades, & there's a very specific reason Repubs wanted to open those doors, & now there's a very specific reason we are seeing the meltdown, & they are all directly correlated w/ each other

this is not even debatable, its just fact, even if it was the party that you happened to help vote into office & you are left trying to defend their actions, thats what has happened

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i agree w/ you guys about Palin too; i mean, McCain is probably the most at-risk-because-of-advanced-age prez we may have ever elected if we do, & the thought of someone as immature, shallow, & intellectually & ethically undeveloped as Palin succeeding him is a scary one, indeed. it's hard to do, but she may be even more unqualified, wreckless, & disastrous than W. (unless she had better puppets than Rove, Cheney, & Rumsfeld)

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Welllllllllllllll........... I didn't have some bonehead stock day trader make my decisions. I didn't pay an accountant to manage my money. I didn't lose a single penny last week in the Wall Street crisis. Oh, and I'm not having any trouble at all making my mortgage payment. I took my money out of someone else's control and empowered myself by becoming educated about my finances. If that means my head is buried 6-feet in the sand, so be it. I happen to know quite a few people who wish they had buried their heads in the sand.

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Would you care to elaborate on your statement that Palin is ethically underdeveloped? I'm also interested in you presenting facts of her being immature and shallow. This sounds like typical elitist speak. Palin is a college graduate who has been a mayor and governor by the age of 44. Name calling? Let's look in the mirror at our own accomplishments before tearing down a women who seems to have achieved much.

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Dear Austinberries; Please be advised that you stating that the Republicans are to blame for the present financial problems regarding the lax lending standards which lead to bad subprimes loans does not make it so. I have presented undisputed articles of fact regarding one of the main players in this mess...Andrew Cuomo...A Clinton appointee.The present financial mess lies directly at the feet of the mort mess . This affects the inability to sell this bad bundled debt, which affects banks which affects credit...which drives this economy.

Saying your points are not debatable is silly.

Time for new talking points. Presenting real reliable facts would help your case greatly."Austinberries says so" ain't cuttin it.Not enough Kool Aid drinkers here. Love,Hollies

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she has a trail/list of indiscretions & malfeasances that keep getting longer & longer every day, as we look into her record & her past

my statement about how she conducts herself is drawn thru a steady stream of research & observation as a matter of my political-interest hobby. just b/c this is what i discover & observe doesn't make me elitist, so don't default to the latest soundbite of the day, bro' ('obama's an elitist')

look, anyone can accomplish whatever they they set out to - just look at W! it's what she prioritized, so it's what she accomplished. i don't think just because someone reaches a position like governor makes her any more impressive a human than you or i - in fact i've accomplished pretty much all i've set out to do based on my priorities thus far & would respect what you have accomplished yourself prob more than most politicians because of the fact that they are just that: politicians, & most of them operate at a very weasely & greed-mongering level. do you respect most lawyers b/c they are lawyers & have accomplished becoming one? maybe so, but like most people, i suspect not, & likely for some of the same reasons

sarah palin is eye-candy that mccain's camp knew would play well w/ the eye-candy & sound-bite loving american electorate, but they prob didn't count on her being vetted in a different way by folks-who-want-to-know than they did w/ her themselves

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ok, bro', let's let all the senate & house republicans throughout the Reagan, Bush, & Shrub administrations (incl the prez's themselves) who fought so determinedly & desperately for deregulation, off the hook for all those years, & hang it all on Cuomo, & see who buys your history book

not sure what your obsession w/ Cuomo is (who i've already acknowledged was part of the prob in another post), but you might wanna shed some of that myopia & swallow your medicine. eh, your preferred party's medicine

but i understand if you don't wanna. after all, medicine usually tastes pretty yukky

hollies, i don't wanna go 15 rounds w/ you, i like you! but i will if i hafta ;-)

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>>As Larry King woud say..."ANSWER THE QUESTION!!!!!"

do you mean about her ethical lapses? i'm not gonna list them for you, b/c i know you know what they are - they've been enumerated all over every media outlet there is, & they keep spilling forward. tell you what, start w/ so-called 'troopergate' & then connect the dots from there, & you'll have a grand old time & a fun way to spend an evening!

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This is the most interesting/perilous economic period of my lifetime..maybe of the century. I've followed it... and am trying to learn from it. I'm not sure who all the villains will be in the end. But I know a couple now:

First those that borrowed money, signed a contract to pay it back and have not honored that contract. They aren't victims, if anything they're perpetrators. Many deserve empathy, and maybe they're a victim of a putrid culture that overemphasizes shallow materialism, but the truth is they took a bank's money and now are not paying it back. It starts with them, but you'd never know it listening to the cowardly pc speak out there.

Second we've had a political climate (promulgated by Jesse Jackson, Barnie Frank etc.. and many follow-the-leader demagogues) where banks and other lenders have been pressured to be more aggressive in their lending to certain classes (blacks, poor etc). The lenders have been accused of not making loans for racist reasons etc etc. They're asked to make loans based on other objectives than whether the borrower will pay the loan back. This political climate has to be counted as one of the villains in this mess.

But there will be more responsible culprits..

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another reading assignment for hollies; dude, even her own party members are asking her to resign as "an embarrassment to the party" & "clearly out of her league". have you seen the interview? wow! vapidity, a pathetic poseur, & she hadn't quite memorized what the party puppets wanted her to say - OMG, Palin is McCain's Dan Quayle in stockings!!:

http://afp.google.com/article/ALeqM5i7lJ7uGNOkOTK964WwjybvKVDouA

http://www.telegraph.co.uk/news/newstopi...-interview.html

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... I'm not sure who all the villains will be in the end. But I know a couple now:

First those that borrowed money, signed a contract to pay it back and have not honored that contract. They aren't victims, if anything they're perpetrators. Many deserve empathy, and maybe they're a victim of a putrid culture that overemphasizes shallow materialism, but the truth is they took a bank's money and now are not paying it back. It starts with them, but you'd never know it listening to the cowardly pc speak out there....

ROGER to that! Key word SIGNED the contract. Most didn't bother reading it, therefore they did not know what was in it, so they say they didn't understand it. So now in the Barackonomic Agenda , (paragraph 2 on page 1 - for those who want to read along) he wants to Mandate Accurate Loan Disclosure. He wants the disclosures to be simplified even more than they are because too many people don't understand them (maybe pictures would be better. How about a caricature of a man and woman + $ with slash through it = homeless shelter sign). He'll create a Homeowner Obligation Made Explicit (HOME) score to give borrowers a metric similar to an APR to help them understand? Let's go one better - they read the little RESPA book and loan papers, take a test, and if their score doesn't pass, they don't buy!
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>>Really, name calling is like kindergarten for debaters. I mean Telegraph UK. Hahahahahaha!

uh, this isn't funny if u r the only one in the room who gets your joke..

name-calling? ok, i shan't call her 'pathetic poseur'. let's see, how about 'she comes across as a pathetic poseur'. there, you see? i didn't call her one, i compared her to one (choose any of your choice for comparison, lemme know if u need help w/ this)

McCain's Dan Quayle w/ stockings. man, i love that..

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>>Really, name calling is like kindergarten for debaters. I mean Telegraph UK. Hahahahahaha!

hollies - i 4got2 tell u, i know kindergarten, i teach kindergardeners (& 1st-5th graders, computer classes), & insulting the other kid & laughing derisively is definitely kindergarten behavior

glad to know u read UK newspapers, i guess - you read the Sun too?

seeya after the debates..

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