I read that HuffPost article earlier. It ruined my entire day. I hope there's a special place in Hell for these bankers.
Chris From Maine
· 1 year ago
"this is a financial 9/11.."
and we made the same mistakes. We (the congress at least) gave Bush and the government more power, bought into their "do this or you all die" argument, and we saw where that got us after 9/11, what will this power grab lead to down the road? (HINT : not good things.)
Nigel Elliott
· 1 year ago
We forget. Bin Laden attacked the WTC to collapse our economy. He's further along accomplishing his mission than we are in Iraq.
Chris From Maine
· 1 year ago
indeed. In many respects, bin Laden has won. The economy is trashed, our military is in shambles, oh and hes still alive.
BarrieT
· 1 year ago
That, and if he hates our freedoms, then setting them aside in the name of the war on terror actually hands him the quickest and easiest victory imaginable.
vkobaya
· 1 year ago
indeed. In many respects, bin Laden has won.
Thanks to Bush busting his butt to make sure all bin Laden's dreams come true. Think about it. Could Bush have accidentally, mistakenly, oops, be so incompetent that everything he has done has advanced bin Laden's dreams? Oops! I had bin Laden in my sights at Tora Bora and didn't pull the tirgger? Oops! I didn't send enough troops to Afghanistan? Oops! I sent the most incompetent commanders to Afghanistan? Oops! The real enemy of America who hates this nation and shits on its Constitution, Bill of Rights and laws is not bin Laden.
woodroad34
· 1 year ago
Well, we were well along the path to ruination before Bin Laden by just voting in the George "Neil's my brother" Bush financial-busting administration. Bush knows nothing about economics and stability. It's the financial scorched-earth policy that's his trademark since Texas. Who knows, maybe this was his way of being able to buy in and control banks all along. The POWER!
munjoyfan
· 1 year ago
Here's what is incredible: the latest Bush initiative has no enforcement in it whatsoever. The CEOs who abused the system by leading their banks to the edge--get to keep their jobs . The deriviative survives unscathed and STILL UNTAXED as a highly alluring investment opportunity. The hedge funds are free to create volatility as they have in the past. And the Bush administration has announced no standards for its use of its power as shareowners in banks to protect the public.
Where the hell is my useless Congressman? I had to hold my nose when I did my early ballot and voted for him last week. And my maverick Republican Senator, who is not even running for reelection this year? I have heard not a peep of leadership from these people in the past two weeks, though they have my email address and routinely send me after-the-fact, CYA emails about stale news.
ShirleyGoodnessanMercy
· 1 year ago
At least you have a congressman and senators with a vote! Here in DC we don't. It is insanely frustrating to have no congressman to write to. We have reps who can speak but no vote. Ever.
PeteWa
· 1 year ago
Just like Enron.
Bushie says "I'm a fixerin' it! Trussssssst me!" but like the snake he is, he joins in as they bite us again. And again. And again.
donotmakemecomedownthere
· 1 year ago
The Lehman Bros pre-bankruptcy multi-million-dollar bonus payouts to CEOs constitutes FRAUD. I suggest jail terms with extra sodomy.
woodroad34
· 1 year ago
Well, "My Pet Goat" was such a complicated book and it had to be read a second time to get the nuance down and to find things he missed the first time. Can't expect Shrub to do two things at once. I wonder if he looked under his desk and in the cabinets to find a way out of this crisis while wearing his crotch-grabbing pilot uniform.
cowboyneok
· 1 year ago
The blood is on George Dubya Bush's hands, and his administration who set the disastrous policies that favored the rich with his tax cuts during war in motion. Maybe Bu$h should just tell people to "go shopping!" again?
vkobaya
· 1 year ago
While I think the Damnocrats, especially Pelosi and Reid share the guilt with the Oval Office Usurper, he gets my particular hatred with his smirking, laughing and carrying on. You know the more people suffer and die, the more fun it is for this vile jackass. Bugliosi hates him for the fact that Bush gets such joy out of the suffering of the American people, but I think convicting him of murder and executing him is far too easy. I would send him to prison for the rest of his rotten life.
Amicus
· 1 year ago
This is seriously ugly.
I just read an anecdote, which I obviously cannot confirm, of someone who was a day late on a home equity loan, and the bank called in the whole line.
That's a kind of abuse to stand up to, in a big way.
Busboy
· 1 year ago
A 90 year old widow loses her home?? WTF? to taxes? to unpaid mortgage? What kind of hell hole is Chicago that anyone would have a 90 year old widow on a mortgage or not on real estate tax relief? Is this some internet joke?
evan_la
· 1 year ago
Yes, the circumstances sound odd. If anything a 90 yr old widow should be on a reverse mortgage and resting comfortably - but maybe she had emergencies to attend, or children who needed help, or whatever. I've exhausted my savings twice to resolve emergency situations. It happens.
Busboy
· 1 year ago
Hear that... Maybe someone needs to look behind the "soundbite"
Warren Buffet called derivatives and other complex financial instruments as "financial weapons of mass destruction" back in 2003 and Republicans controlling the White House and Congress ignored them.
And in 2007, when the Damnocrats took over, Pelosi and Reid continued to kiss the ass of the extreme right and do nothing about the potential economic collapse. Of course, Bush has promise them both full and absolute pardons when he leaves office. But the American people won't pardon them ever.
Busboy
· 1 year ago
An out-of-work money manager in California loses a fortune and wipes out his family in a murder-suicide. ???
Is this another internet joke? Why would a guy wipe out his family first? We are talking "serial derangement" here. If you screwed up so bad that you're lower than "whale shit?" Then, go ahead; take yourself out. But? your family? Give it a rest.....
lynchie
· 1 year ago
always the compassionate conservative-eh?
Busboy
· 1 year ago
You get the "Stupid: I believe in Bullshit" award. Congrats. Wake up, guy!
lynchie
· 1 year ago
So understanding, so quick to judge. It is always someone else who is at fault you right wing "me" guys are can always be counted on to care for others. It is a good thing the Liberals provide the safety nets for you scum.
Busboy
· 1 year ago
Whoever this "Robert Arena" guy is who's writing this tripe "is"? Is off the chart. Get a job!
PeteWa
· 1 year ago
too stupid to realize it's Kelli Kennedy that wrote the piece. but very, very compassionate, you betcha.
Busboy
· 1 year ago
How slow are you? Oh,,,, "that slow"... I don't think you're going to make it without help.
PeteWa
· 1 year ago
Well, not as slow as you, the moron who can't even figure out who wrote the article you were reading. good game, dimwit.
tbhull
· 1 year ago
Equally if not more frightening is that the insurance policy payoffs on these deaths have led many Wall Street insurance execs settling on the house gin versus calling their gin at their Southampton country clubs.
Oh the humanity!
Busboy
· 1 year ago
tb, you aren't really falling for this "dumpster bullshit", are you?
tbhull
· 1 year ago
What do you mean by "dumpster bullshit"?
Busboy
· 1 year ago
Well, I think you know, tb. Could "Dumpster Bullshit" be a new political description?
joeyess
· 1 year ago
"I've had a number of people say that this is the thing most reminiscent of 9/11 that's happened here since then," said the Rev. Canon Ann Malonee, vicar at Trinity Church in the heart of New York's financial district. "It's that sense of having the rug pulled out from under them. This is a financial 9/11 and the warning signs were there. Warren Buffet called derivatives and other complex financial instruments as "financial weapons of mass destruction" back in 2003 and Republicans controlling the White House and Congress ignored them
George W. Bush and the Republican Majority in Congress = Domestic Terrorists.
Democrats fight for reasoned regulation of the markets using a consistent, fair framework. Republicans chaff at any restraint, sure that the market can be "self regulating." So how much data do you need to see which side is right?
Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years. ... As of Friday, a $10,000 investment in the S.& P. stock market index would have grown to $11,733 if invested under Republican presidents only ... Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years.
All Comments
and we made the same mistakes. We (the congress at least) gave Bush and the government more power, bought into their "do this or you all die" argument, and we saw where that got us after 9/11, what will this power grab lead to down the road? (HINT : not good things.)
Thanks to Bush busting his butt to make sure all bin Laden's dreams come true. Think about it. Could Bush have accidentally, mistakenly, oops, be so incompetent that everything he has done has advanced bin Laden's dreams? Oops! I had bin Laden in my sights at Tora Bora and didn't pull the tirgger? Oops! I didn't send enough troops to Afghanistan? Oops! I sent the most incompetent commanders to Afghanistan? Oops! The real enemy of America who hates this nation and shits on its Constitution, Bill of Rights and laws is not bin Laden.
Where the hell is my useless Congressman? I had to hold my nose when I did my early ballot and voted for him last week. And my maverick Republican Senator, who is not even running for reelection this year? I have heard not a peep of leadership from these people in the past two weeks, though they have my email address and routinely send me after-the-fact, CYA emails about stale news.
Bushie says "I'm a fixerin' it! Trussssssst me!"
but like the snake he is, he joins in as they bite us again.
And again.
And again.
I just read an anecdote, which I obviously cannot confirm, of someone who was a day late on a home equity loan, and the bank called in the whole line.
That's a kind of abuse to stand up to, in a big way.
http://www.youtube.com/watch?v=mUlQPnUUGU0&eurl...
I looooove`this one: http://www.youtube.com/watch?v=vOtzmPnGTGc&eurl...
And in 2007, when the Damnocrats took over, Pelosi and Reid continued to kiss the ass of the extreme right and do nothing about the potential economic collapse. Of course, Bush has promise them both full and absolute pardons when he leaves office. But the American people won't pardon them ever.
Is this another internet joke? Why would a guy wipe out his family first? We are talking "serial derangement" here. If you screwed up so bad that you're lower than "whale shit?" Then, go ahead; take yourself out. But? your family? Give it a rest.....
but very, very compassionate, you betcha.
good game, dimwit.
Oh the humanity!
George W. Bush and the Republican Majority in Congress = Domestic Terrorists.
Bulls, Bears, Donkeys and Elephants
The New York Times
By TOMMY McCALL
http://www.nytimes.com/interactive/2008/10/14/o...
Democrats fight for reasoned regulation of the markets using a consistent, fair framework. Republicans chaff at any restraint, sure that the market can be "self regulating." So how much data do you need to see which side is right?
Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years. ... As of Friday, a $10,000 investment in the S.& P. stock market index would have grown to $11,733 if invested under Republican presidents only ... Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years.