Bullshit Jim. Read the contemporaries on both sides of the political
spectrum in 1917, instead of some anti-communist hack that are a dime
a dozen, I can give you more names if you like, Daniel and Richard
Pipes, M/Malia, Robert Service, Eric Hobsbawm, Dmitri Volkolognov etc
None of what they wright happens to accord with what was written by
contemporaries of 1917, but who is interested in historical accuracy
any more.? Certainly not you, its far to subversive. The truth
enlightens, it teaches people to question how they live, to question
the bodies that supposedly represent them, can't have that. Political
non-discussion must be restricted to two capitalist parties that
pretend to offer a choice, when they are identical in almost every
way, this is your democracy. BTWThe prerequisites I put up for
communism are straight out of the communist manifest. As I said these
prerequisites have never been met.
On Sep 10, 12:31 pm, Jim Willis <[EMAIL PROTECTED]>
wrote:
> We tried communism, read the papers of William Bradford. It didn't
> work.
>
> On Sep 9, 9:21 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
>
> > > --
> > > *~@):~{>
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