Again, you address NONE of the points made, and attempt to make it
personal (Ad Hominem attack)...
So yes, why do you bother?
On Sep 9, 7:34 pm, Frank <[EMAIL PROTECTED]> wrote:
> Why do I bother, I should know better? You obviously have read nothing
> and have no interest in anything other than another war criminal being
> installed in the Whitehouse and sing the star spangled banner. Enjoy
> it, it will be the last
>
> On Sep 10, 12:26 pm, Gaar <[EMAIL PROTECTED]> wrote:
>
>
>
> > You understand how many different "Types" of Democracies theer are,
> > the World over, right?
>
> > You think they are all "identical"?
>
> > And yet most work for their Societies in the way their Societies
> > "want" them to work.
>
> > And yet, if what YOU say is true, "Communism" is ONLY able to work ONE
> > certain way, and all other ways, that have been attempted, have been
> > farces, right?!?!?!?!?
>
> > You understand how stupid that argument is, right?
>
> > On Sep 9, 7:21 pm, Frank <[EMAIL PROTECTED]> wrote:
>
> > > Each to his own ability, each to his own needs" Basic Marxists tenet.
> > > In other words you want, you work, including the parasites, they will
> > > be required to actually work instead of sitting on their asses
> > > exploiting the vast majority as they reap the vast majority of the
> > > rewards. As in my post to Gaar. No-one on this forum has the tiniest
> > > understanding of what communism is. Which is understandable. However,
> > > you do not have to agree with it to understand it. Stalin was a
> > > counterrevolutionary that destroyed the Russian revolution, the first
> > > and only attempt at real communism was over by1927, when the left
> > > opposition was expelled from Russia. I agree with your comments
> > > regarding what was in power after that time.
>
> > > On Sep 10, 12:06 pm, Travis <[EMAIL PROTECTED]> wrote:
>
> > > > Since commuinism destroys the initiative of man, what do you think will
> > > > happen when man has no intitiative do get off his ass for anything.
> > > > communism. socialism, marxism, liberalsim, and islamism are now and
> > > > always
> > > > will be total dismal failures preferred only by the goddamn most idiotic
> > > > imbiciles ever born into humanity. if you can even consider anyone that
> > > > likes any part of those as being human. I dont. barely qualify as
> > > > slime.
>
> > > > On Tue, Sep 9, 2008 at 8:36 PM, Frank <[EMAIL PROTECTED]> wrote:
>
> > > > > The answer is capitalism doesn't work.
>
> > > > > On Sep 10, 10:08 am, Jim Willis <[EMAIL PROTECTED]>
> > > > > wrote:
> > > > > > Here's all you need to know. This is an excrement sandwich and
> > > > > we're
> > > > > > all going to have to take a bite. Some of us will be forced to go
> > > > > > back
> > > > > > for seconds. Fannie Mae was foisted upon the American people in 1938
> > > > > > thanks to the socialist policies of the new deal, thanks Frankie D.
> > > > > > Freddie Mac is Fannie Mae's evil twin. Not that Fannie is as pure as
> > > > > > the driven snow; quite the opposite.
> > > > > > Those of you suffering from ADD or ADHT might want to double up on
> > > > > > your Ritalin and take notes.
> > > > > > Fannie and Freddie are the largest secondary mortgage buyers in the
> > > > > > country. They are responsible for 50% of all outstanding mortgages
> > > > > > nation wide. Here's how it works. Let's say you go to your local
> > > > > > bank
> > > > > > for a loan. Most small banks cannot set on your paper for thirty
> > > > > > years. They don't have that much liquidity, think cash. So, they
> > > > > > bundle your loan with several others and sell them to hedge fund
> > > > > > managers, larger banks or investment houses. Now, these larger
> > > > > > institutions are buying a lot of bundled loans from all over the
> > > > > > country. Here's where Freddie and Fannie come in. They will buy
> > > > > > these
> > > > > > super bundles of mortgages and, "in a bullish housing market" slices
> > > > > > and dices these bundles and sprinkles them throughout the investment
> > > > > > community thereby adding liquidity to he mortgage market, think
> > > > > > cash.
> > > > > > What happened? Democrats have been fighting any reform at Freddie or
> > > > > > Fannie. Both quasi private/public companies are overseen by a house
> > > > > > committee. Yet, in 2004 President Bush's SEC, "securities and
> > > > > > exchange
> > > > > > commission" swarmed both companies with federal regulators and found
> > > > > > they were inflating assets to reach bonus targets for their
> > > > > > executives. Not surprisingly both companies were infested with
> > > > > > Clinton
> > > > > > cronies cooking the books and setting up enormous golden parachutes
> > > > > > for themselves.
> > > > > > Knowing they were to big to fail and having the backing of the
> > > > > > federal
> > > > > > government, "our money" Freddie and Fannie stopped slicing and
> > > > > > dicing
> > > > > > mortgages for sale as and investment mainly because investors knew a
> > > > > > great deal of that paper was worthless. Still, both companies hyped
> > > > > > their assets and kept buying. After all, we, as in we the people
> > > > > > guaranteed they could not fail.
> > > > > > As the bottom fell out of the housing bubble Freddie and Fannie saw
> > > > > > their assets plummet. Yet, you have to understand how this
> > > > > > incestuous
> > > > > > relationship works. Most of the money Freddie and Fannie accrued to
> > > > > > buy these bundled mortgages they borrowed from banks at short term
> > > > > > rates. Now those notes are due and these companies haven't the
> > > > > > liquidity, "think cash" to pay the piper. And, a great deal of that
> > > > > > paper they are setting on is worthless.
> > > > > > So, here we are. If Fannie and Freddie can't meet their debt we'll
> > > > > > wake up one Monday morning and see two or three hundred banks fail.
> > > > > > It
> > > > > > will only get worse. The FDIC, "Federal Deposit Insurance Company"
> > > > > > is
> > > > > > insolvent, "think broke". Then it's 1929 all over again, yet worse.
> > > > > > We
> > > > > > are no longer an agricultural people for the most part. We have
> > > > > > urbanized and become technologically dependent.
> > > > > > What we can do. We don't have a lot of good choices; between the two
> > > > > > giants they hold 6 TRILLION dollars in mortgage paper. Our current
> > > > > > national budget is 3.1 trillion dollars, that's perspective. Yes,
> > > > > > they
> > > > > > are too big to fail but we can make damn sure this doesn't happen
> > > > > > again. John Mcpalin has said he would privatize Freddie Mac and
> > > > > > Fannie
> > > > > > Mae by slicing them up into a lot of smaller companies and let them
> > > > > > compete with each other without government assurances. As you might
> > > > > > guess, the investment giants aren't happy with this. Again, if
> > > > > > you're
> > > > > > an investment firm, holding risky paper, you can always dump it on
> > > > > > Fannie or Freddie. That's why the investment community is the second
> > > > > > highest contributor to Obama behind the trial lawyers. Obama has
> > > > > > received contributions from; Goldman Sachs $653, 030, JPMorgan
> > > > > > Chase &
> > > > > > Co $414,760, Citigroup Inc $408,299, UBS AG $389,294, Lehman
> > > > > > Brothers
> > > > > > $361,482 and Morgan Stanley $307,221.
> > > > > > And yes, he has accepted donations from Freddie and Fannie.
> > > > > > The answer to this dilemma is as clear as Oprah's bias against
> > > > > > conservative women. Anything government touches it destroys. And,
> > > > > > America has had enough. I don't know what it's going to take but I
> > > > > > do
> > > > > > read my e-mails and people are mad as hell. Maybe this is the
> > > > > > tipping
> > > > > > point but just in case I'm buying a new pitchfork and cleaning my
> > > > > > musket.
> > > > > > Conservative Springfield 09SEP08
>
> > > > --
> > > > *~@):~{>- Hide quoted text -
>
> > > - Show quoted text -- Hide quoted text -
>
> - Show quoted text -
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