DISQUS

evan_la · 1 year ago

Why do I continue to be astonished at this enormous mess? These greedy money bags built this house of cards - and kept all the aces for themselves - and now if we don't pay, we all suffer. Just great. Securitized mortgages, dumb, dumb, dumb - but easy money while it lasted :-)

Ricky · 1 year ago

Oh, for the good old days when bankers and brokers jumped out of windows to their deaths when they fucked up the company accounts.

There is no honor anymore among corporate thieves.

jr · 1 year ago

the God of deregulation giveth and taketh away

hardeknox · 1 year ago

The large print giveth and the small print taketh away. Contract law 101.

OlderAndWiser · 1 year ago

I've been thinking about McBush's "elitist" comments about Obama, and have come to the conclusion, after witnessing gaffe after gaffe in the McBush campaign, that McBush realizes he's facing an intelligent, educated, activist, and thoughtful person, not just another crassly rich and amoral politician who because of family ties, wealth and connections got where they are but couldn't get a job at McDonald's on his or her own. McBush is typical of the anti-intellectual who is secretly ashamed of his own failings and who always remains on the defensive, aggressively promoting his own love of money and connections while trying to maintain a "man of the people" posture.

And the McBush types also tend to be megalomaniacs, surrounding themselves with people who agree with their basic political beliefs, but who are of the same stripe as himself. People like Gramm, who no longer runs for public office but are now in the corporate world and revealing one of their true beliefs--everyone else is a loser.

McBush is not only a liar, he's clearly the inferior candidate, in spite of his jingoistic language and belief that "money makes the man."

McBush couldn't think his way out of a cardboard box. People believe because you've "written" a book or two that you must be a pretty literate person, forgetting that probably most "autobiographies" and "memoirs" are ghost-written self-promotions, heavily edited and pushed on to an unsuspecting public.

Bostonian_Queer_in_Dallas · 1 year ago

This is so right on brilliant and what I have been thinking about since 2000. Dubbya was merely a legacy admission at Yale; Grandpa bought his sheepskin four years later after he snorted and drank his way through; Daddy gives him an oil company which he fucks up; he leaves a mess in Texas as Governor; the baseball team was in the red. But he was able to thicken his Midland drawl to convince this nation of idiots that he was one of them. He did have a brilliant architect in Rove...I hate the man but he was brilliant in making this little frat brat over into a potential president.

The problem here is not the men running for office, it's the idiots voting for them.

Shannon · 1 year ago

Gramm is the crook that sneaked the "Enron" loophole into banking legislation in the middle of the night that allows wild speculation with no regulation or oversight or accountability in oil trading...........of course he is on McCain's mafia team, he has all the really big crooks as his advisers and intends to give them all cushy jobs in his cabinet Bu$hCo style............

OlderAndWiser · 1 year ago

Anyone notice this little "fox in the henhouse" item from Wednesday? Former Goldman Sachs executive hired from Treasury Dept. to run Wachovia.

http://www.charlotte.com/171/story/706770.html

Just wonder how many Goldman Sachs people are working in Treasury now? Treasury is just the latest of the "poisoned tree" syndrome in this regime. Don't you just love the shuffling around of these greedheads?

DCinDC · 1 year ago

McCain is incompetent just like Bush!

http://www.huffingtonpost.com/max-bergmann/the-...

foolme1ns · 1 year ago

We're an upside down world right now thanks to neo con policies of the past 30 years. Policies that were mostly continued and bought into by some democrats. The neo cons have always believed that government regulations were bad and business should just be left alone to conduct business. But unregulated business, like unregulated anything cannot be trusted with others best interests or even their own. They get greedy and stupid, and that is exactly what has happened. Neo cons also believe that it is not governments business to provide anything for the people. Nothing, except defense. And so we have a military that has also gotten greedy and has no control over itself. But that's another issue. In our upside down world, the neo cons have created a situation where the government is actually hurting lower class and middle class AND upper middle class Americans to pay for their wars, their stupidity and their greed, in favor of a very small group of filthy rich bastards who don't even seem to know their own business or how to run them properly. So now we have a government that is giving our billions of OUR dollars in WEALTHFARE handouts to the rich and greedy, while at the same time cutting back, or cutting out welfare to the poor and needy. Only yesterday, Phil Gramm, McCain's economic "brain", another Marie Antoinette stupid greedy neocon dared to tell the American people who are being hurt by neocon stupidity, that we are "whiners".
I've got news for you, America can't bear anymore economic "brains" from the neocons. They don't know what they are doing, even if they believe if fervently. What they know is how to make the top 1% of Americans richer, while making the rest of the country suffer. That isn't economic genius. That is stupidity. But then, their tremendous greed and stupidity has even failed the very rich, because now the huge conglomerate banks, (that Bernanke has told us we can't afford to let fail,(free market, anyone)) are falling under the weight of their own stupidity and greed. Their wonderful system is collapsing down on top of all of us. And as they watch it collapse they tell the people that it hurts the most, they are "whiners".

It is time to turn away from neocon economics. Their theories and their policies are based in stupid ideology that doesn't exist in the human condition. Unabated, unregulated greed is not good economic policy.

hardeknox · 1 year ago

Last night, Gramm clarified the whiners as being the leadership, not the citizens. Now, doesn't that make you feel better?

foolme1ns · 1 year ago

the first statement Gramm made was how he really feels. The second is to try to cover McCains wrinkled butt. I don't believe that is what he meant at all, and I've been lied to enough in the last decade to have great skepticism in clarification statements.

DavidinChelseaMA · 1 year ago

Graham said we have become a NATION of whiners. The word, "nation" proves he wasn't referring to only people in political leadership positions.

hardeknox · 1 year ago

Sure, I know that, but you're ignoring the corrective spin, which restores his virginity.

hardeknox · 1 year ago

It wasn't that long ago that Jim Cramer was touting UBS as a Buy because they were relatively unscathed by the mortgage mess. The next week, they announced a multi-billion loss, followed by at least two more.

foolme1ns · 1 year ago

I wouldn't take any advice from the "experts" on television. They are like television psychiatrists, they have just enough knowledge to be very dangerous.

I saw a press conference given by the assistant secretary for economic policy the other day and when asked if this were the time to take your money and put it in your mattress and get a shotgun, he had no answer other than the economy is soft. Very reassuring spin from the Bush administration. They can't even put lipstick on this thing anymore. If I had any money in the market, I would get it out now. A bird in the hand.......

OlderAndWiser · 1 year ago

I just heard an interview of Carly Fiorina on PBS...the interviewer asked her (female to female, of course), how she viewed McBush's comments about Viagra vs. birth control pills being paid for by health insurance.

After stammering around a bit, Fiorina was asked by the interviewer to clarify (which she didn't). And the interviewer totally SKIPPED the most important question: Didn't McBush change his position about the whole thing? It was obvious that she is not a thinker, but was using the catch-phrases of Big Business ("grow" the economy, "tax relief" for businesses, etc., among others--her speech patterns were wholly in business vernacular).

I'm convinced that Fiorina is another of those puffed-up "execs" who has never had to work for much in her whole life, and has total disdain for everyone under her own status in life. She doesn't care about the majority of women in this country, just likes to play in the sandbox with the boys who can get her ahead. How many did she have to screw to get where she got? And do we really want another failed CEO running as VP?

KarenMrsLloydRichards · 1 year ago

The best thing Fiorina ever did for Hewlett-Packard was to leave (under a cloud); whereupon HP's stock rose 7% on the news she was punching out.

ClayPotts · 1 year ago

Texas is the birthplace of this neocon economic thievery. There is no doubt Republicans tied the hands of State regulators in matters of misstated earnings at financial institutions. Examiners have been rendered powerless and most balance sheets are fiction. The neocon theory is that it doesn't matter how much you steal as long as you cover your tracks in the boardroom. As long as the public accepts the numbers and keeps peddling the economic bicycle everything will be OK. After all, money is created from thin air every month when interest income on loans is posted. It doesn't matter if a payment was actually received. The rise in delinquency is hidden by increasing the overall loan portfolio with bad subprime loans. This works until there is an economic slowdown and then the chain breaks and the lies are exposed. The banks are blaming the whining public but the CEOs knew what they were doing all along.

cmpnwtr · 1 year ago

How refreshing! A blog that is actually attacking the Republican candidate, McCain, instead of the Dem. candidate, Obama....