This campaign isn't about the issues POLITICS THREAD

Postby kruker » Mon Sep 29, 2008 23:22:02

I was going to put some of Cramer's comments in here, but I didn't want to spoil anything. He's convinced that if there isn't a bailout package passed soon that we are heading for the Great Depression 2. He spent a hell of a lot of time apologizing for the Wachovia mess.
"Everybody's a critic. This wasn't an aesthetic endeavor."

kruker
Space Cadet
Space Cadet
 
Posts: 17818
Joined: Thu Mar 29, 2007 21:36:16
Location: Bucks/NYC

Postby BDawk » Mon Sep 29, 2008 23:23:34

FTN wrote:Watching Cramer re-run now. He's almost in tears.

Wachovia closed at 1.90 today.

CEO was on the show 2 weeks ago and outlined his entire plan illustrating how safe the company was.

Wachovia was trading at 19.37 on 9/8/08

30.60 on 5/2/08

38.09 on 2/1/08

44.28 on 11/14/07

50.64 on 9/28/07

incredible.
pretty sure I remember cramer mentioning recently that wachovia was a good bet in spite of the trouble in the banking sector...oops

BDawk
BSG MVP
BSG MVP
 
Posts: 4880
Joined: Thu Dec 28, 2006 18:35:41

Postby jamiethekiller » Mon Sep 29, 2008 23:25:53

50 dollar loss in a year? holy crap.

jamiethekiller
Plays the Game the Right Way
Plays the Game the Right Way
 
Posts: 26938
Joined: Sun Dec 31, 2006 03:31:02

Postby FTN » Mon Sep 29, 2008 23:26:17

Yeah, he spent the entire 2nd segment of the show apologizing for believing Steel, even though hes known the guy for 25+ years.

I posted in the last politics thread I think it was, he predicted the Dow was headed to like 8300 without federal assistance.

FTN
list sheriff
 
Posts: 47429
Joined: Thu Dec 28, 2006 18:42:28
Location: BE PEACE

Postby FTN » Mon Sep 29, 2008 23:27:16

jamiethekiller wrote:50 dollar loss in a year? holy crap.


96% loss in 1 calendar year, for one of the largest financial institutions in the country.

FTN
list sheriff
 
Posts: 47429
Joined: Thu Dec 28, 2006 18:42:28
Location: BE PEACE

Postby kruker » Mon Sep 29, 2008 23:37:14

Funny thing about Wachovia is that they've been sending email alerts to their customers for the last 2 weeks insuring them that all was well. My cousin has been joking for the last 2 weeks about these emails.
"Everybody's a critic. This wasn't an aesthetic endeavor."

kruker
Space Cadet
Space Cadet
 
Posts: 17818
Joined: Thu Mar 29, 2007 21:36:16
Location: Bucks/NYC

Postby FTN » Mon Sep 29, 2008 23:41:37

kind of funny that I closed my Wachovia account today.

FTN
list sheriff
 
Posts: 47429
Joined: Thu Dec 28, 2006 18:42:28
Location: BE PEACE

Postby steagles » Tue Sep 30, 2008 00:00:38

FTN wrote:kind of funny that I closed my Wachovia account today.
SO IT'S YOUR FAULT!!!
if you don't know what the wrestlers are trying to do--how certain moves and holds are supposed to work and so forth, then it might just look like too sweaty guys rolling around on a mat.

Oh. I'm replying to a Steagles post. Um. OK.
steagles
There's Our Old Friend
There's Our Old Friend
 
Posts: 3216
Joined: Fri Apr 13, 2007 15:37:41
Location: snugWOW: just wet it, and forget it

Postby jamiethekiller » Tue Sep 30, 2008 00:25:03

did this little gem go un-noticed today?

538
Capitol Hill sources are telling me that senior McCain people
are more than concerned about Palin.

The campaign has held a mock debate and a mock press conference; both are being described as "disastrous." One senior McCain aide was quoted as saying, "What are we going to do?" The McCain people want to move this first debate to some later, undetermined date, possibly never. People on the inside are saying the Alaska Governor is "clueless."

jamiethekiller
Plays the Game the Right Way
Plays the Game the Right Way
 
Posts: 26938
Joined: Sun Dec 31, 2006 03:31:02

Postby meatball » Tue Sep 30, 2008 00:26:35

jamiethekiller wrote:did this little gem go un-noticed today?

538
Capitol Hill sources are telling me that senior McCain people
are more than concerned about Palin.

The campaign has held a mock debate and a mock press conference; both are being described as "disastrous." One senior McCain aide was quoted as saying, "What are we going to do?" The McCain people want to move this first debate to some later, undetermined date, possibly never. People on the inside are saying the Alaska Governor is "clueless."


It was noticed.

Also, Politico is reporting CBS has tape of Palin being asked about Supreme Court decisions, and the only one she could name was Roe v. Wade. When asked if she knew anything about any other cases, she just sat silent. baha?

meatball
Dropped Anchor
Dropped Anchor
 
Posts: 8893
Joined: Thu Dec 28, 2006 20:21:06
Location: f-ing Utah of all places

Postby jamiethekiller » Tue Sep 30, 2008 00:29:41

/facepalm

jamiethekiller
Plays the Game the Right Way
Plays the Game the Right Way
 
Posts: 26938
Joined: Sun Dec 31, 2006 03:31:02

Postby FTN » Tue Sep 30, 2008 00:30:52

Hopefully the debate will be released on DVD for multiple watchings.

FTN
list sheriff
 
Posts: 47429
Joined: Thu Dec 28, 2006 18:42:28
Location: BE PEACE

Postby FTN » Tue Sep 30, 2008 00:32:59

Jeff Macke with the line of the day

"We're fiddling while Rome burns"

FTN
list sheriff
 
Posts: 47429
Joined: Thu Dec 28, 2006 18:42:28
Location: BE PEACE

Postby Woody » Tue Sep 30, 2008 00:34:18

McCain should just be embarrassed. I think Emmitt Smith would be a better VP choice. "The only way we can interpolate Oksana Been Trodden from Iraqistan is to masturbate the ball down the feel!"
you sure do seem to have a lot of time on your hands to be on this forum? Do you have a job? Are you a shut-in?

Woody
BSG MVP
BSG MVP
 
Posts: 52472
Joined: Thu Dec 28, 2006 17:56:45
Location: captain of the varsity slut team

Postby dajafi » Tue Sep 30, 2008 00:37:19

http://interviewpalin.com/

This site is a parody. The answers are computer generated based on probabilities calculated from Sarah Palin's actual speech. We think it is hilarious.

The Markov chain generated answers are surprising close to her actual answers. Don't believe me? See below.

Actual Palin Interview Response

COURIC:Why isn't it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? Allow them to spend more and put more money into the economy? Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: That's why I say, I like ever American I'm speaking with were ill about this position that we have been put in where it is the tax payers looking to bailout.

But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy - Helping the - Oh, it's got to be about job creation too. Shoring up our economy and putting it back on the right track. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americas. And trade we've got to see trade as opportunity, not as a competitive scary thing. But 1 in 5 jobs being created in the trade sector today. We've got to look at that as more opportunity. All those things under the umbrella of job creation. This bailout is a part of that.


Watching her interview with Couric last week reminded me of the time I tried ketamine. Neither was much fun.

dajafi
Moderator / BSG MVP
Moderator / BSG MVP
 
Posts: 24567
Joined: Thu Dec 28, 2006 20:03:18
Location: Brooklyn

Postby kruker » Tue Sep 30, 2008 01:03:38

Woody wrote:McCain should just be embarrassed. I think Emmitt Smith would be a better VP choice. "The only way we can interpolate Oksana Been Trodden from Iraqistan is to masturbate the ball down the feel!"


10 out of 10
"Everybody's a critic. This wasn't an aesthetic endeavor."

kruker
Space Cadet
Space Cadet
 
Posts: 17818
Joined: Thu Mar 29, 2007 21:36:16
Location: Bucks/NYC

Postby CalvinBall » Tue Sep 30, 2008 01:13:48

Watching more and more clips of Palin on youtube makes me scared as hell, as Jack McCafferty would say.

CalvinBall
You've Got to Be Kidding Me!
You've Got to Be Kidding Me!
 
Posts: 64951
Joined: Mon Jul 30, 2007 15:30:02
Location: Pigslyvania

Postby meatball » Tue Sep 30, 2008 01:17:33

I want my President to be smart enough, and have the judgment to, surround himself with intelligent people who can actually help him lead the country. McCain picked that. This is the biggest insult to American intelligence since Waterworld.

meatball
Dropped Anchor
Dropped Anchor
 
Posts: 8893
Joined: Thu Dec 28, 2006 20:21:06
Location: f-ing Utah of all places

Postby phdave » Tue Sep 30, 2008 01:39:29

The Phillies: People trading People to People.

phdave
BSG MVP
BSG MVP
 
Posts: 11601
Joined: Thu Dec 28, 2006 21:25:57
Location: Ylvania

Postby Phan In Phlorida » Tue Sep 30, 2008 03:57:33

dajafi wrote:
VoxOrion wrote:
Woody wrote:Is it true that this is all the Democrats' fault because they forced these companies to have to give loans to poor minorities that didn't otherwise deserve them? This is what some of my racist republican friends are saying, while drunk.


I've read by less drunk and racist authors that this is part of it, but they then go in and say that the banks went ape-$#@! once they got used to being able to do it and the blame can't really be laid squarely on one or the other chicken and egg eh Woody?


Without much knowledge of the details, I could buy that this describes some chunk of the "bad risk" lending that did so much to put us in this mess.

Mortgage lenders making quick money by flipping the loans. Mortgage lenders handed out subprime mortgages to people that can only afford the payments at the subprime rate. They'd collect their fees, hold on to the mortgages long enough to make the mortgages look good, then sell the mortgages to Fannie or Freddie before the mortgage rate "adjustment". A brilliant scheme to make a ton of monies... collect the fees then get the money back while sticking Fannie and Freddie with the bad loans.

(For those that don't know by now... the Federal National Mortgage Association (FNMA), aka Fannie Mae, is a a corporation established by Congress for the purpose of buying up mortgages from lenders so the lenders can have the monies to issue more mortgages (lender liquidity). Freddie Mac (Federal Home Loan Mortgage Corporation) is basically the same thing by definition... an institution chartered by the federal government that buys mortgages from lenders and resells them as securities. Fannie was created in the late 1930s as part of the "New Deal", Freddie was created in the early 1970s as a reaction to Fannie's monopoly. Freddie is a public corporation, Fanny was a federal institution until the federal government sold off part as a private corporation in order to raise money for the federal budget 40 years ago.)
▬▬▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬▬▬

Phan In Phlorida
Space Cadet
Space Cadet
 
Posts: 12571
Joined: Sat Dec 30, 2006 03:51:57
Location: 22 Acacia Avenue

PreviousNext