OT: 2008 Elections/Politics thread, Part 2
Moderators: Bill_Abner, ScoopBrady
The point is that just because this market screw-up will be very, very expensive, we'd be foolish to think every private sector lender has learned their lesson and that there's no need for better, tighter regulation.
Speaking of which, Paul Krugman has a new column on the systemic flaws in the current financial system.
http://topics.nytimes.com/top/opinion/e ... index.html
Speaking of which, Paul Krugman has a new column on the systemic flaws in the current financial system.
http://topics.nytimes.com/top/opinion/e ... index.html
- FatPitcher
- DSP-Funk All-Star
- Posts: 1068
- Joined: Thu Aug 01, 2002 3:00 am
You don't need every private sector lender to learn their lesson. You just need the ones that fail not to cause the whole industry to go supercritical.
You have to be very careful with regulation, though, because as I said before, there are almost always unintended loopholes and consequences, in addition to the up-front negative effects.
Besides, when the guys in Congress who oversee the banks are triggering bank runs or are "friends of Angelo," what gives you confidence that more government oversight will make things better?
You have to be very careful with regulation, though, because as I said before, there are almost always unintended loopholes and consequences, in addition to the up-front negative effects.
Besides, when the guys in Congress who oversee the banks are triggering bank runs or are "friends of Angelo," what gives you confidence that more government oversight will make things better?
- pk500
- DSP-Funk All-Star
- Posts: 33890
- Joined: Sun Aug 11, 2002 3:00 am
- Location: Syracuse, N.Y.
- Contact:
Exactly. Maybe Ted Stevens can chair the Committee on Financial Reform!FatPitcher wrote:Besides, when the guys in Congress who oversee the banks are triggering bank runs or are "friends of Angelo," what gives you confidence that more government oversight will make things better?
Then again, Ted is too busy trying to send an Internet through a series of tubes known as the Internet.
Take care,
PK
"You know why I love boxers? I love them because they face fear. And they face it alone." - Nick Charles
"First on the throttle, last on the brakes." - @MotoGP Twitter signature
XBL Gamertag: pk4425
"First on the throttle, last on the brakes." - @MotoGP Twitter signature
XBL Gamertag: pk4425
Know any women who take the pill? They might be interested in the latest draft regulation from the lunatic fringe inside the Bush Administration.
Treating the Pill as Abortion, Draft Regulation Stirs Debate
Treating the Pill as Abortion, Draft Regulation Stirs Debate
Many eggs are fertilized but never implant in the uterus in women who have unprotected sex but don't use the pill or an IUD --> I guess the argument is that when that occurs it's a natural death, but when it occurs due to an IUD that's because an external influence.Feanor wrote:Know any women who take the pill? They might be interested in the latest draft regulation from the lunatic fringe inside the Bush Administration.
Treating the Pill as Abortion, Draft Regulation Stirs Debate
Very interesting - because it brings up the question of when exactly a fertilized egg becomes a 'person'. Fascinating stuff.
Judging by events at Lollapalooza last night we really do need to work on encouraging proper contraception.
Anybody who would riot to get in to a RATM concert needs to have serious help.
Then again seeing Chicago cops bust hippy/burnout skulls on the lakefront is truly one of the world's great sights LMAO

Then again seeing Chicago cops bust hippy/burnout skulls on the lakefront is truly one of the world's great sights LMAO
XBL Gamertag: RobVarak
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
RobVarak wrote:Then again seeing Chicago cops bust hippy/burnout skulls on the lakefront is truly one of the world's great sights LMAO

To quote the late Mayor Richard J Daley when refering to the riots at the 68 Democratic national convention.
"Gentlemen, get the thing straight once and for all — the policeman isn't there to create disorder, the policeman is there to preserve disorder."
Edit: For youze guys not in da know ..dat was da current mayors daddy,
Far be it from me to gloat over another man's troubles, but this is like Christmas in August. As I wrote back in January:
http://news.yahoo.com/s/ap/20080808/ap_ ... rds_affair
Even in politics there are liars and there are Liars, and this stooge is capo di tutti capo in that regard. Say goodbye to the VP, say goodbye to AG and say hello to joining the pantheon of pond scum who cheat on their cancer-stricken wives. Jerk!
Drinks are on me tonight, boys!
After weeks of the legacy media doing all it could to bury the story, the chickens have come home to roost...and crap all over the "son of a millworker's" $3000.00 suitI've been around these parts long enough that my politics are pretty well known, so this should say a lot. I would vote for any of the Democrats...twice, WAY before I would cast a vote for Edwards. No other candidate for major office in my lifetime has turned my stomach the way that guy does. I'm talking literally, here.
Maybe it's because I spent too many years dealing with megalomaniac plaintiffs' lawyers enamored with spinning elaborate white knight fantasies about themselves, but his sanctimony and faux-populism absolutely set me off! He's the living embodiment of the word disingenuous.
Sorry for the rant in what has otherwise been a fairly civil thread, but I'm telling you this guy just sets me off

http://news.yahoo.com/s/ap/20080808/ap_ ... rds_affair
Even in politics there are liars and there are Liars, and this stooge is capo di tutti capo in that regard. Say goodbye to the VP, say goodbye to AG and say hello to joining the pantheon of pond scum who cheat on their cancer-stricken wives. Jerk!
Drinks are on me tonight, boys!
XBL Gamertag: RobVarak
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
I'll have a large pull of Guinness and 2 shots of Jameson.RobVarak wrote:Far be it from me to gloat over another man's troubles, but this is like Christmas in August. As I wrote back in January:After weeks of the legacy media doing all it could to bury the story, the chickens have come home to roost...and crap all over the "son of a millworker's" $3000.00 suitI've been around these parts long enough that my politics are pretty well known, so this should say a lot. I would vote for any of the Democrats...twice, WAY before I would cast a vote for Edwards. No other candidate for major office in my lifetime has turned my stomach the way that guy does. I'm talking literally, here.
Maybe it's because I spent too many years dealing with megalomaniac plaintiffs' lawyers enamored with spinning elaborate white knight fantasies about themselves, but his sanctimony and faux-populism absolutely set me off! He's the living embodiment of the word disingenuous.
Sorry for the rant in what has otherwise been a fairly civil thread, but I'm telling you this guy just sets me off![]()
http://news.yahoo.com/s/ap/20080808/ap_ ... rds_affair
Even in politics there are liars and there are Liars, and this stooge is capo di tutti capo in that regard. Say goodbye to the VP, say goodbye to AG and say hello to joining the pantheon of pond scum who cheat on their cancer-stricken wives. Jerk!
Drinks are on me tonight, boys!
What a f***in low life dick! His wife is dying. He just added to her pain. Prissy prick!
[img]http://www.ideaspot.net/flags/Big_10/small/mich-sm.gif[/img][img]http://www.ideaspot.net/nfl/NFC_North/small/pack1-sm.gif[/img]
Mr. Edwards, your window table at Le Hypocrite is now open.
Two-time Johnny on Clinton during the Lewinsky period:
Two-time Johnny on Clinton during the Lewinsky period:
"I think this President has shown a remarkable disrespect for his office, for the moral dimensions of leadership, for his friends, for his wife, for his precious daughter. It is breathtaking to me the level to which that disrespect has risen."
XBL Gamertag: RobVarak
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
Wow.RobVarak wrote:Mr. Edwards, your window table at Le Hypocrite is now open.
Two-time Johnny on Clinton during the Lewinsky period:
"I think this President has shown a remarkable disrespect for his office, for the moral dimensions of leadership, for his friends, for his wife, for his precious daughter. It is breathtaking to me the level to which that disrespect has risen."
[img]http://www.ideaspot.net/flags/Big_10/small/mich-sm.gif[/img][img]http://www.ideaspot.net/nfl/NFC_North/small/pack1-sm.gif[/img]
- FatPitcher
- DSP-Funk All-Star
- Posts: 1068
- Joined: Thu Aug 01, 2002 3:00 am
Piling on: http://www.breitbart.tv/?p=144873
What, they were able to find him a window table at Le Hypocrite? I would have thought that restaurant was all booked up!RobVarak wrote:Mr. Edwards, your window table at Le Hypocrite is now open.
Two-time Johnny on Clinton during the Lewinsky period:
"I think this President has shown a remarkable disrespect for his office, for the moral dimensions of leadership, for his friends, for his wife, for his precious daughter. It is breathtaking to me the level to which that disrespect has risen."

Perhaps a table for two with Mr. Gingrich? - they appear to have same MO.
Best wishes,
Doug
"Every major sport has come under the influence of organized crime. FIFA actually is organized crime" - Charles Pierce
dougb wrote:What, they were able to find him a window table at Le Hypocrite? I would have thought that restaurant was all booked up!RobVarak wrote:Mr. Edwards, your window table at Le Hypocrite is now open.
Two-time Johnny on Clinton during the Lewinsky period:
"I think this President has shown a remarkable disrespect for his office, for the moral dimensions of leadership, for his friends, for his wife, for his precious daughter. It is breathtaking to me the level to which that disrespect has risen."![]()
Perhaps a table for two with Mr. Gingrich? - they appear to have same MO.
Best wishes,
Doug

There is a difference between Edwards and Gingrich. I think most of us had Newt figured as a d***** in advance...
- pk500
- DSP-Funk All-Star
- Posts: 33890
- Joined: Sun Aug 11, 2002 3:00 am
- Location: Syracuse, N.Y.
- Contact:
Rudy Giuliani is giving the keynote address at the Republican National Convention.
Man, McCain is doing better in the polls. I didn't think the GOP needed to trot out "Mayor 9/11" for another episode of "Fear Factor," telling the nation that the U.S. will be unsafe and attacked by legions of terrorists if a Democrat sits in the White House.
I'm surprised at this choice of keynote speaker considering the economy and high gas prices seem to be the No. 1 issue among Americans now.
Interesting choice. Polling must show that most Americans believe that national defense is the issue in which the Republicans have a clear edge over the Democrats, so the GOP must want to pour it on with Rudy. That's all he's really capable of talking about with any authority.
Take care,
PK
Man, McCain is doing better in the polls. I didn't think the GOP needed to trot out "Mayor 9/11" for another episode of "Fear Factor," telling the nation that the U.S. will be unsafe and attacked by legions of terrorists if a Democrat sits in the White House.
I'm surprised at this choice of keynote speaker considering the economy and high gas prices seem to be the No. 1 issue among Americans now.
Interesting choice. Polling must show that most Americans believe that national defense is the issue in which the Republicans have a clear edge over the Democrats, so the GOP must want to pour it on with Rudy. That's all he's really capable of talking about with any authority.
Take care,
PK
"You know why I love boxers? I love them because they face fear. And they face it alone." - Nick Charles
"First on the throttle, last on the brakes." - @MotoGP Twitter signature
XBL Gamertag: pk4425
"First on the throttle, last on the brakes." - @MotoGP Twitter signature
XBL Gamertag: pk4425
I largely agree. However, it is likely that a high-profile moment at the convention was part of the deal that got Giuliani to bail out and back McCain so early.pk500 wrote:Rudy Giuliani is giving the keynote address at the Republican National Convention.
Man, McCain is doing better in the polls. I didn't think the GOP needed to trot out "Mayor 9/11" for another episode of "Fear Factor," telling the nation that the U.S. will be unsafe and attacked by legions of terrorists if a Democrat was in the White House.
Seriously, I'm surprised at this choice of keynote speaker considering the economy and high gas prices seem to be the No. 1 issue among Americans now.
Take care,
PK
XBL Gamertag: RobVarak
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
"Ok I'm an elitist, but I have a healthy respect for people who don't measure up." --Aaron Sorkin
Some pundits were saying last night that McCain's strategy is to continue what Clinton did in the primaries with the 3 AM phone call commercial.
That is, Obama isn't ready to be commander in chief, so scare voters again.
That worked with white blue-collars in several primaries and those are the voters McCain is targeting in states like PA, OH and others.
Gas prices has eased quite a bit, so if oil doesn't go back up, maybe security issues rise in importance.
Obama is suppose to be leaning towards Biden while McCain has dropped hints about Lieberman and Ridge. But some think those names are a smokescreen so that social conservatives are relieved when McCain chooses Romney, who's at least pro-life, even if he recently flip-flopped to pro-life.
That is, Obama isn't ready to be commander in chief, so scare voters again.
That worked with white blue-collars in several primaries and those are the voters McCain is targeting in states like PA, OH and others.
Gas prices has eased quite a bit, so if oil doesn't go back up, maybe security issues rise in importance.
Obama is suppose to be leaning towards Biden while McCain has dropped hints about Lieberman and Ridge. But some think those names are a smokescreen so that social conservatives are relieved when McCain chooses Romney, who's at least pro-life, even if he recently flip-flopped to pro-life.