Quote of the day; Update: Bonus quote added
posted at 10:10 pm on September 19, 2008 by Allahpundit
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“You know we’d be lucky… Well, I’ll leave it at that.”
*
“If it doesn’t pass, then heaven help us all.”
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Charles Schumer is a load.
carbon_footprint on September 19, 2008 at 10:12 PM
Not registered. Oh well.
Connie on September 19, 2008 at 10:13 PM
All Hail the wonders of social engineering!
dmann on September 19, 2008 at 10:13 PM
What the hell does that mean? Lucky how?
infidel on September 19, 2008 at 10:15 PM
But talking about terrorism is just fear-mongering. Thanks for the heads-up, Chuck.
Spirit of 1776 on September 19, 2008 at 10:15 PM
Schumer is bad. Dodd is worse.
Considering Dodd’s direct involvement in this happening, he shouldn’t be permitted in those meetings.
Damiano on September 19, 2008 at 10:15 PM
So they adjourned and left for home as quickly as possible.
Zorro on September 19, 2008 at 10:16 PM
I’ll bet anything they’ll try and stick the renewal for the oil drilling ban in that.
KSgop on September 19, 2008 at 10:17 PM
Since we already covered this in the headlines, I’ll offer up my own quote of the day:
The Undefended City
And standing against all this hypnotic power — the power of the mythmakers in Hollywood, the power of the information peddlers in the media, the corrosive power of America-hating professors on every campus in America… against all that we find an old warrior — a paladin if ever there was one — an old, beat-up warhorse standing up in defense of his city one last time. And beside him: a wonder. A common person… just a regular mom who goes to work, does a difficult job with intelligence and energy and grace and every-day competence and then puts it away to go home and have dinner with the family.
Against all of that stand these two.
TheBigOldDog on September 19, 2008 at 10:18 PM
…if we didn’t wind up bankrupting the whole country? While I doubt this is remotely possible, does anyone think this corruptocrat would change his sleezy stripes, even for a moment?
stonemeister on September 19, 2008 at 10:18 PM
Now would be a good time to head on over to your neighborhood Wal*Mart store and purchase a rifle or pump-action shotgun. And plenty of ammo.
Wal*Mart…always the lowest guns & ammo prices. Always.
ManlyRash on September 19, 2008 at 10:19 PM
It is a shame that they were too busy taking contributions from the failing institutions. They might have seen this coming; like the Republicans did in 2005.
DAT60A3 on September 19, 2008 at 10:19 PM
God help us all then.
Second look at moving to the Czech Republic!
Mike Honcho on September 19, 2008 at 10:20 PM
Uh, Chuckie started this Ball rolling a month or so ago and has done as much as anyone to keep it rolling, and now this whiney little ambulance-chasing Turd steps back and wonders out loud and hopes for the best?
Time to puke………..
Janos Hunyadi on September 19, 2008 at 10:22 PM
Seconded. I understand that, with the possible exception of Hungary, they export some of the hottest porn starlets in the industry today.
*awkward silence*
Oh God…did I type that out loud?
ManlyRash on September 19, 2008 at 10:23 PM
Jim Krammer said the government could give every person in danger of losing their house $50,000 in cash and it would cost less and be more effective.
I wonder if that is true? I hate the idea of that happening but I wonder if there is a way to do this so folks don’t lose their houses and the government can let the companies that speculated on mortgages crash and burn.
40 acres and mule, 2008 version.
Elizabetty on September 19, 2008 at 10:23 PM
Bush saw it coming in 2003, according to a NYT article. Barney Franks said it was fear-mongering.
Tom
marinetbryant on September 19, 2008 at 10:24 PM
Not gonna matter. Bush and the Republicans will get the blame and catch the flak. The Dems will coast along, looking like heroes and getting re-elected – thence to eventual retirement, amid jubilation, to lives of luxury and contentment.
ManlyRash on September 19, 2008 at 10:25 PM
Not gonna happen. This is a fabulous opportunity to consolidate and increase federal power and they aren’t about to give it up.
ManlyRash on September 19, 2008 at 10:27 PM
I wonder how the RealID Act fits into all of this. I’m not usually a conspiracty therorist, but all of this is simply too odd. It happened too quickly with NO opposition. Scary.
SouthernGent on September 19, 2008 at 10:28 PM
Doesn’t matter. It’s still Dubya’s fault.
ManlyRash on September 19, 2008 at 10:28 PM
I was watching the panel this evening and everyone seemed to think this was an absolutely necessary thing to do.
I have heard all sorts of quotes on the price. Some people say hundreds of billions, some say tens of billions. Fred Barnes said something interesting, he said the properties and assets to be taken will eventually offset costs. So it is hard to know how much or little it will be in the long run.
I think a lot of people saw problems coming with the credit sector, but most of them did not think it would get this bad this fast. They thought they could work their way through it.
The panel also said that both candidates need to ease up on the rhetoric. They do not know what the Fed and the Secretary know and they might actually make things worse.
Terrye on September 19, 2008 at 10:35 PM
Elizabetty:
I don’t know if that is true or not. The government is going to take a lot of these properties, they are not going to pay mortgages for people. At least that is my understanding. The properties will be liquidated when the market stabilizes.
Terrye on September 19, 2008 at 10:36 PM
SouthernGent on September 19, 2008 at 10:28 PM
Oh my gosh, I was just logging in to type nearly the exact same thing. Wow, I don’t know what scares me more, that I would think there was some kind of conspiracy or that more than one person thinks it may be true, therefore giving it some credence.
Has anyone here ever read the book, “A Handmaid’s Tale”? It’s a very eerie tale of life under strict governmental control. I don’t remember all the details as it has been more than 15 years or so since I read it. But, what is nagging me now is that one of the ways the government took control was through the banking industry.
All of the cash was removed from circulation and everyone used cards, kind of like the debit card, for purchases. Then, the cards were invalidated and no one had cash and eventually, all luxuries were gone, no one had the money for them. It was a weird story at the time, but I can’t help think now of how the government got control.
Oh my gosh, am I a conspiracy nutjob now?
Jvette on September 19, 2008 at 10:38 PM
Manly Rush:
I am not so sure about that. I have heard a lot of people gumbling about both Congress and the lenders. I don’t think Bush will get all the blame himself. And he might even get a little of the credit for settling the markets down. I heard some of that on TV today and was shocked.
Terrye on September 19, 2008 at 10:38 PM
gumbling=grumbling.
preview is for sissies.
Terrye on September 19, 2008 at 10:39 PM
ManlyRash on September 19, 2008 at 10:19 PM
Funny you should say that the hubby and I went and bought 2 new guns today.
tee866 on September 19, 2008 at 10:40 PM
That – or clairvoyant. Your call.
ManlyRash on September 19, 2008 at 10:42 PM
Southern Gent:
I think it happened quickly because once Congress saw what was going to happen if the Feds did not act quickly, they freaked out.
This was not just us either. The Russians had to suspend trading twice because their market was falling so fast. This could have been a global disaster the likes of which we have not seen since the Great Depression. No one wants the blame for that.
Terrye on September 19, 2008 at 10:42 PM
Don’t forget the ammo. Lots of it. And, if possible, a couple of handguns for close quarters action.
ManlyRash on September 19, 2008 at 10:43 PM
And so far as I know no one has said anything about any ID act or anything like that. It sounds like speculation to me.
Terrye on September 19, 2008 at 10:43 PM
Conspiracy? You need to read AP’s second link which is the best summary thus far of what I watched unfold real-time.
This was the moment people looked deep into the abyss and freaked out.
TheBigOldDog on September 19, 2008 at 10:45 PM
I guess I had better stop paying my mortgage. Momma didn’t raise no fool!
Saltysam on September 19, 2008 at 10:46 PM
This is a good time to follow the money. Election wise.
My CFA tells me he’s not optimistic. I asked about the other sectors of the market that are not doing as bad as the housing/mortgage industry. While this all effects credit lending across all markets, those industries, public and private, with good financials should weather the storm. Right? This has, after all, happened before. Right?
There is a good argument to focus on who’s watch did this all come about.
Which means who profited from this regulation gone awry.
Kini on September 19, 2008 at 10:47 PM
ManlyRash on September 19, 2008 at 10:43 PM
Got plenty of ammo too,1 of the guns was a sweet lil 9mm handgun for me to carry since I went and got my concealed weapon license earlier this week.
tee866 on September 19, 2008 at 10:47 PM
Good bet, except it’s an additional $50 billion for Nancy Pelosi’s “Stimulus Bill” — call it a tit for tat:
I doubt she’ll get it or hold up the bailout bill, but Paulson will need to whack her with a baseball bat to get her to focus on them matter at hand.
capitano on September 19, 2008 at 10:49 PM
Remain calm!…ALL IS WELL!
Mike Honcho on September 19, 2008 at 10:51 PM
Wonderful…
Perhaps the greatest unintended consequence of all time, brought to us by our friends on the left…
A perfect storm where the de-facto guarantee’s of sub-prime loans, to people that everyone knew couldn’t make the payments, meets the greed of the investment bankers and mortgage brokers; seeing the “success” of these reasoned that they could extend them to any idiot who wanted to lie about their income in order to flip 3 houses.
Like street punks hooked on crack they kept increasing the percentages of their portfolios that these sketchy loans represented; knowing, and sometimes tacitly encouraging, folks were outright lying about their incomes and banking on either selling the place-at a handsome profit-within a couple of years, or simply re-financing again to keep the charade going for a bit longer.
And now that the bubble has burst, it is all of us responsible folks who are left collectively holding the bag…
This is a simplification of course, there are many more factors that I’ll not list here. But the bottom line is that our government encouraged these kind of loans, beginning in the early 90’s, and between disingenuous applicamts, appraisers, and greedy bankers, it all spun out of control.
And, as I said, we responsible folks are collectively left holding the bag…
RocketmanBob on September 19, 2008 at 10:51 PM
I’m in real estate, commercial not residential, and I was flabbergasted by some of the deals people were getting, the mortgage companies were pushing, and the government was encouraging. The loan to income ratios made no sense, like some over 60% of gross income.
I figured that there would be a housing bubble at some time because the home prices made no sense. You have the median home prices way above what the median income should be able to afford. It really reminded me of the 2000 tech stock bubble. Fools money went flying in the stocks way beyond their p/e ratios, then POP.
I also know some people who got some of these mortgages, and now I am paying for their homes. Somehow living within our means gets my wife & I punished.
bossk92 on September 19, 2008 at 10:53 PM
*clearing throat*
…and about that health care, Democrats?
Saltysam on September 19, 2008 at 10:53 PM
This is the most frightening statement I’ve seen yet.
Watch for the push for socialism and more government control effectively eliminating the free-market or crippling it severely with governmental regulation.
Let the chips fall. The markets will recover without government.
Kini on September 19, 2008 at 10:53 PM
I went to the Real ID link, & I must have a mental block b/c I can’t connect the dots. Can I buy a vowel?
NightmareOnKStreet on September 19, 2008 at 10:56 PM
When the scam is spoofed on the Sopranos, you know it’s out of control and going to end very badly.
TheBigOldDog on September 19, 2008 at 10:56 PM
I think you’re grossly underestimating the affect a total worldwide collapse – and that is most assuredly what was happening – would have had on us all. I have no desire to find out what the 1930s were like firsthand.
TheBigOldDog on September 19, 2008 at 10:58 PM
you’re getting very close: That book was a loony-leftie FemiNazi screed by Ehrenreich where men controlled women as slaves.
Janos Hunyadi on September 19, 2008 at 11:02 PM
I don’t think I’ve ever been more discouraged by the circumstances we live under. This has been building for 20 years. It was conceived, born, raised, and nurtured by the Democrats. It goes to shit in a catastrophic way. Our entire way of life is threatened to a greater degree than 9/11. And NOBODY I know (people I work with, friends, family) has any clue on the reasons because the in-the-tank MSM keeps covering for the Dems.
I feel sick.
wink on September 19, 2008 at 11:05 PM
It was written by Margaret Atwood you fool.
Grow Fins on September 19, 2008 at 11:06 PM
Well put, Bob. There’s nothing complicated about this crisis at all. It’s the entirely predictable consequence of the government interfering in the financial markets. A mandate was issued, forcing banks to violate sound business practices. The banks looked for ways to make a profit while complying. The most reliable formula for a perfect economic storm is using government power to force a business to do something it wouldn’t normally do, over-ruling the market instead of providing safeguards at the margins. Among the results were wildly distorted real estate prices, which have done a huge amount of damage where I live, and the creation of a massive underfunded liability from the subprime loans, growing in the economy like a tumor.
The correct term for arbitrary government control of private industry is a word whose meaning has been distorted by decades of overheated rhetoric: fascism. It never works, and it always ends in bloodshed. The next two months will determine whether we can negotiate a better ending to this particular tragedy.
What happens next falls within the realm of politics, rather than economics. The left will, of course, try to convince a frightened public that this is a reason for more government control and seizure of private assets through taxation. Given the size of the crisis at hand, and the horrifying inefficiency of governments blundering around in free markets, if the public falls for it, this election may be the last serious free decision they make in their lifetimes. The task facing McCain is to explain the true causes, and warn the public against giving more power to the people – in many cases, the exact same people – who engineered today’s disaster. So far, he’s off to a somewhat rocky start, but the wheels are starting to rise off the runway.
This is a definitional moment for America. The subprime crisis is the most blindingly clear example of the utter failure of American liberalism ever placed before the public, a disaster explicitly engineered for liberal social engineering purposes, by people who thought they could repeal the laws of supply and demand – the same way they can neutralize violent terrorists by chatting with them. If McCain and the Republicans can’t successfully explain this to the public, they don’t deserve to assume leadership, and the public doesn’t deserve to be rescued from what the Democrats will do to them.
Doctor Zero on September 19, 2008 at 11:06 PM
Guys, I hate to say this, but Ron Paul warned about the dangers of an economy based on debt during the primaries.
This bunch of critters in Washington are FREAKING TOOLS!
fossten on September 19, 2008 at 11:06 PM
boss:
I saw a lot of that too before I got out of real estate.
One thing about this whole deal, I think we will see a return to far more traditional home mortgage…20% down. Straight up bank mortgage.
And it is worse in some states than others because the states are actually the ones who are supposed to regulate a lot of the mortgage companies.
Terrye on September 19, 2008 at 11:06 PM
To-may-to, to-mah-to. Still a screed.
ManlyRash on September 19, 2008 at 11:07 PM
I think I’m going to go fix a cup of hot cocoa and crawl under the blanket with the dogs.
tru2tx on September 19, 2008 at 11:09 PM
The economic “crisis” isn’t worrying me as much as the potential that Obama could ever be President of anything.
Yeah, Wall St. is in a shambles. But this HAD to happen. The Dems f**ed everything up and kept ignoring it and things have been running wild for too long.
Things cannot get any worse for me on that front, so I’m not fussed about it. Let it all burn and it’ll grow back stronger and healthier.
Wall St. will either take care of itself of it won’t. Fed bail outs only succeed in moving debt from one place to another and prolonging the inevitable. It’s a shame that it’s not politically possible to just look the other way, let it go up in smoke, then lead the return to prosperity.
Now, if Obama wins, take this problem an multiply it by 1000. I don’t want to live in that United States.
Damiano on September 19, 2008 at 11:11 PM
I don’t get what he’s saying..?
Dems have controlled Congress for 2 years now.. And have done NOTHING..
Dems Took over promising to FIX everything.. THEY have destroyed Everything that they touched!
Jamie Gorelick(in the Clinton Adm.) helped cause 9/11 and now has her hand in this mess..
Obama’s, pockets are so full of bribes from Fannie and Freddie and he has eaten so much pork, now that nobody can can even call him a muslim with a straight face..
but seriously, why the media continues to ignore, the democrats corruption, and Obama…
Maybe we should remember how the liberal media pretty much ignored, William “Cold Cash Dollar Bill” Jefferson… (Was it because he was a Democrat or because he was Black? or Both? Maybe thats the problem with Obama and even with how they are handling the Fannie/Freddie thing)
Chakra Hammer on September 19, 2008 at 11:15 PM
No. Tomato versus Potatoe. Different vegetable entirely. And you’ve never even read it.
Grow Fins on September 19, 2008 at 11:15 PM
If Obama wins, you are looking at the very real possibility of the secession of one or more red states.
ManlyRash on September 19, 2008 at 11:16 PM
No. Tomato versus Potatoe. Different vegetable entirely. And you’ve never even read it. – Grow Fins on September 19, 2008 at 11:15 PM
I never read Mein Kampf, either. What’s your point?
ManlyRash on September 19, 2008 at 11:17 PM
I say… good. The catch is that we need a corresponding decline in home values. That is what is driving me nuts. We are essentially fighting for home values to remain out of sync with the rest of the market. Yeah, so people’s net worth will decline. So what. They were banking on air in the first place and getting 2nd mortgages and loans on over inflated values. Those people will be devastated.
Then, once it’s over, everyone can go back to owning a home again without mortgaging away their entire life. People who can’t afford homes now will suddenly be able to legitimately afford them.
The biggest problem in our economy is the discrepancy between income and inflation. Yeah, I know I sound like a democrat with that, but it’s true. The difference is that I don’t believe in giving people more money, but I do believe in controlling inflation so it’s not so much of an issue.
Damiano on September 19, 2008 at 11:18 PM
You know what’s sad? I still don’t believe a word they say. Those f****ers caused this, and now they’re busy devising at CYA strategy so their guy can win the presidency.
Heaven help us all indeed. Why don’t we just to back to unbridled capitalism if this is the best the “experts” in Washington can do!
PattyJ on September 19, 2008 at 11:19 PM
I’m in TX. I bet I could get that proposal through in a week here.
You… you’re screwed. :P
Damiano on September 19, 2008 at 11:19 PM
Don’t forget that if Barry wins, taxes skyrocket.
ManlyRash on September 19, 2008 at 11:20 PM
I’ll take Exaggeration for 300, Alex.
Spirit of 1776 on September 19, 2008 at 11:20 PM
They want us scared enough to accept the communist system they are unrolling.
peacenprosperity on September 19, 2008 at 11:21 PM
Heh. I have firearms and new car that gets outstanding mileage. Looking for volunteers?
The stars at night
Are big and bright
[clap clap clap clap]
YOU’RE IN THE STATE TO TEXAS!
ManlyRash on September 19, 2008 at 11:22 PM
of Texas
ManlyRash on September 19, 2008 at 11:22 PM
sheesh
ManlyRash on September 19, 2008 at 11:22 PM
OT, here is something fun over at the CUBE…
http://thepeoplescube.com/red/viewtopic.php?t=2288
surrounded on September 19, 2008 at 11:23 PM
Obama wants to raise taxes in the face of a market collapse?
Thats totally ignorant!
Socialized health care? Yea right! what a joke now!
Chakra Hammer on September 19, 2008 at 11:23 PM
I’ll take Exaggeration for 300, Alex. – Spirit of 1776 on September 19, 2008 at 11:20 PM
I disagree, sir. This nation is more polarized than at any time in its history. This is no longer a North/South issue. It’s red state v blue state; small government v big government; capitalism v socialism.
Go down the list, Spirit:
Gun control
Abortion
Taxes
Size of government
Our role in the world
The Constitution
Founding Fathers
God
Islam
Christianity
Israel v Palestinians
Supreme Court
Name it and reds are on the opposite side of blues. There is no reconciliation. The chasm is too wide. The powder keps are being stacked up. All that’s needed is a fuse.
ManlyRash on September 19, 2008 at 11:27 PM
I’ll buy the next shot. C’mon all, let’s join Damiano at the bar!
Saltysam on September 19, 2008 at 11:28 PM
Sure…before it burns down.
ManlyRash on September 19, 2008 at 11:29 PM
Can we finally be done with Al Gore and all his rubbish?
Saltysam on September 19, 2008 at 11:29 PM
What a bunch of disgusting slugs. They basically stole our money and they have the nerve to sit there instead of resigning AFTER they apologize to the American People. Unfortunately, they will just continue their lives, taking money from the people they have failed. What slugs. They are worse than the corporations they try to blame. At least in the corporations, those that screw the little guy eventually get fired or go to jail. Not these slugs, they just go, business as usual.
bloggless on September 19, 2008 at 11:30 PM
Like squeezing blood from a rock…
Saltysam on September 19, 2008 at 11:31 PM
ManlyRash on September 19, 2008 at 11:22 PM
Come on down.
I forgot where I saw it, but someone made a spectacular point on the “economic crisis”.
The only States that are in a recession are either solid blue or have Democratic Governors.
The TX real estate market is booming. Job growth is okay, but it’s mainly focused on technology and small business. If we have better manufacturing/ blue collar jobs and reduced pressure on small business, we’d be off the chart here.
Then you have The Peoples Republic of CA, NY and NJ. You blue state moron tax your businesses to death or out of the state/ country.
Heck… I was doing great until about a month ago. I had 3 start up S-corps that were all profitable and beating projections within the first 6 months. If my business partner wasn’t such an ass and hadn’t pulled out all his money, I’d be doing very well. Instead, I am about to lose my home… bastard. He supported Obama too.
Damiano on September 19, 2008 at 11:31 PM
As if we should even contemplate these a-holes touching our medical care!!!! Working Americans are fools if they think this universal healthcare will benefit them in anyway. Yeah, you’ll get your MRI or MD’s appoinment, AFTER the Obamas, Kennedys and Bidens. It will be a two tiered system, no matter what they tell you.
bloggless on September 19, 2008 at 11:33 PM
Yeah, Chuckie, history. History will be made if these thieves can pass a single piece of legislation that doesn’t enrich their pockets.
sloopy on September 19, 2008 at 11:33 PM
I understand and agree there is division. But the fuse wouldn’t be the election. It would take grievous abridgment of those issues to cause separation, and an election just isn’t a fuse that big. Most people believe in democracy and reconcile with losing now and again.
Before you counter that the election of Lincoln stim’d secession, let me cut that off and say that’s false. The south attempted to blackmail the north by threatening succession if Lincoln was elected and then misrepresented him in the South to stir up the public will. It wasn’t cause effect there wrt election.
Spirit of 1776 on September 19, 2008 at 11:33 PM
Woohoo! Let’s replay Obama at Saddleback and do shots for evety time he says “…uuuhhhh…”
Damiano on September 19, 2008 at 11:34 PM
THROW THE BUMS OUT!!!!!!
bloggless on September 19, 2008 at 11:34 PM
Same difference, troll. Enjoying your internet courage?
Janos Hunyadi on September 19, 2008 at 11:35 PM
We’ve got the fuse. His name is Barack Obama and he’s got nothing to do with his lighter now that he quit smoking.
Damiano on September 19, 2008 at 11:35 PM
Here, here. I feel sick too. – Just watched 5 days of Glenn Beck talking about the trillions we owe. I remember when I was in my teens and my dad was ranting and raving about the national debt approaching 1 trillion.
rockhead on September 19, 2008 at 11:36 PM
Drill here.
Drill now.
Slash corporate taxes to 10%.
Increase tariffs.
Find God.
Rebuild.
Saltysam on September 19, 2008 at 11:40 PM
What this economy need is an enema.
I’ve heard some economist say this this is bad, but not as bad as the 1930’s market crash, but probably as bad as the 1987 collapse.
What I worry is the Nationalism of these financial institutions. I know they want to free up money for continued investments/credit/loans, but long term control of government control will not help financial growth.
Kini on September 19, 2008 at 11:40 PM
I was wondering earlier in the week if there was any chance of secession by some of the states.
Big government is not just a national vice, but a vice at the state level too.
I doubt anything like that would happen say in the next year, but I would not be surprised if it happened before I left this world.
It could happen IF it was triggered by some major cataclysm.
If Texas seceded, how much fight would there be to force them back in?
This would make a fascinating Tom Clancy novel. Way riveting read.
Sapwolf on September 19, 2008 at 11:41 PM
The Lincoln gambit hadn’t even occurred to me. Good one, although I agree with you on that point.
I’m not saying that secession will occur as soon as Obama is elected. I’m saying the fuse will have been lit. And it will burn for a while.
As the blue states become more socialist, the conservatives therein will flee to red states, which, in time, will begin to chafe under an increasingly totalitarian and socialist federal government.
Eventually, the strain will be too much. A latter day John Adams will arise and call for separation.
The rest will be history.
ManlyRash on September 19, 2008 at 11:41 PM
What happens when the lawsuits start?
danking70 on September 19, 2008 at 11:46 PM
I like this idea better than bailing out the greedy, unethical, criminal, financial evil doers!!
This is the angriest I’ve ever been at our government…hands down. I don’t think I even like Republicans anymore.
Ron Paul said on Glenn Beck last night that “Congress should just go home” (paraphrasing this part) he went on to say that they were literally NOT DOING ANYTHING WITHIN THEIR JOB DESCRIPTION. The constitution has no meaning anymore as ALL of this (the Federal Reserve actions) was done outside of congressional action.
Congress is just a facade, full of men and women whose only concerns are their well being and careers. The country could crumble around them and they would STILL play partisan games just to see how it could be spun to help their careers. This aint over folks. We the people are going to have to get involved and pull ourselves away from our self-centeredness and do what’s right. (vote, protest, bring the pain to these bastards)We need a real leader now and these two candidates aint it!
Goodeye_Closed on September 19, 2008 at 11:46 PM
Here’s an idea to twist your mellon:
- Obama wins
- TX and AK succeed, taking the primary domestic oil supplies and production with us.
- Hilarity ensues as our economies boom on oil revenue and Obama/ Pelosi/ Reid blabber about saving the planet.
I guarantee that we’ll have a wall up on the northern TX boarder before sundown on succession day.
Damiano on September 19, 2008 at 11:50 PM
Well said.
It’s McCain’s election to lose if he doesn’t play this right.
If business are not allowed to fail, then there is no incentive to conduct business correctly and responsibly if the government always comes along and rescues you.
The bail out creates a precedent that the democrats will try to expand beyond lending institutions. Nationalize the banks will be the first in a long line of industries… lets not forget that Big Oil has been in their sights.
Kini on September 19, 2008 at 11:50 PM
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
ManlyRash on September 19, 2008 at 11:51 PM
I agree with most of what you are saying, but keep in mind that Ron Paul understands the economy about as well as Barack Obama understands that he’s not qualified to be President.
Beck’s not quite as bad as Paul, but he’s close.
Damiano on September 19, 2008 at 11:53 PM
Every registered American voter should be REQUIRED to listen to Mark Levin’s show from today that DETAILS EXACTLY WHO GOT US INTO THE SPOT WE ARE IN AT THIS MOMENT!
electric-rascal on September 19, 2008 at 11:53 PM
TX and AK
succeedsecede…I guarantee that we’ll have a wall up on the northern TX boarder before sundown onsuccessionSecession Day.FIFY. *sigh* I guess I have no choice but to enlist…if only to correct your spelling.
ManlyRash on September 19, 2008 at 11:53 PM
I understand your point. Should the current trends continue, one would think that something would have to bend. My own sense is that we would see more fracturing within the main parties and alliances reformed. Somewhat like we see with Rudy republicans joining with Huck republicans currently. Or perhaps a better example would be Dennis Miller 9/11 democrats coming into the strong national security party.
But the population dynamics makes the overview appear to be long-term conservative – they are the fastest birthing demo. Having said that, however, I read a long time ago that 80-85% of the country believe that a division in power is the preferred result, so I think that regardless of party affiliation or ideology, we would continue much as we have – with opposing parties in Legislative vs. Executive. In this manner, all ideologies are served to some satisfaction.
Just a side note, I don’t think the states have the authority to secede. And I say that as a federalist. Only 9 of 13 states were needed to ratify the Constitution – which makes the point that a state could vote against the Constitution at it’s beginning and still have been governed under it’s authority. Individual state consent is outweighed by collective state consent. Not to go off-topic, but just side-note.
Spirit of 1776 on September 19, 2008 at 11:55 PM
Damiano on September 19, 2008 at 11:50 PM
Funny this subject has come up.
I moved to Nevada 3 years ago, after living just across the border in CA for 12 years. I thought I was moving into a conservative state, but the times…they are a changin’.
So, yesterday, while working, I thought…about Texas, even though I’ve never been there (except for changing flights).
Saltysam on September 19, 2008 at 11:56 PM
This whole financial crisis, primarily caused by government interference with the market and giving loans that even the banks knew were bad or risky for strictly political gains with voters who could not and should not have taking on debt, is ultimately caused by the reduction of the collective moral fibre of the people of the United States.
When the family breaks down, when people stop thinking of others, when selfishness rules the day rather than true charity, when we naively think we deserve a big 5,000 sq.ft. house despite only putting down 5% with the mortgage payment taking up over 20% of income each month, when we think we are “entitled” to free health care, free mortgages, free everything, it just opens up the door to let government come in and feed our vice like crack.
I had a brother who I knew could not handle debt. He stiffed me out of $3,000. I forgave him years ago. He went bankrupt. Then within 5 years, he was getting MORE credit card applications. If ANY of Joe Biden’s credit card companies had simply called me, I could have told them NOT to loan money to him because it is like heroin to him. He cannot resist it, and yet they keep lending money for consumption to so many people in the country.
You don’t help an addict by giving him more of the what they DON’T need.
Sapwolf on September 19, 2008 at 11:57 PM
That thought keeps me up at night. You could almost talk me into a nationalized health insurance program, if it was structured correctly and the fed involvement was minimal. In theory, it’s possible to do it well without interfering with the heathcare system itself by containing the Feds to a purely administrative role.
But the idea of the government having anything to do with something like the airlines, oil, auto manufacturing, etc. is downright scary. If that happens, I check off the planet.
Damiano on September 19, 2008 at 11:59 PM
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