Crayons Loc: St Jo, Texas

i prefer

Lieawatha, Liawatha, Liawatha.

Paybacktimeishere

Straight up: But it's OK with you, to encourage, & promote OBAMA, bringing into America, the Entire Non-White, "Third World", of MUSLIM'S,
HINDU'S, non-white Hispanic's, ASIAN''S, BLACK AFRICAN'S, & Other Miscellaneous, Uneducated, America Hating, Trash!? Next, the
Moronic Left, will aid in the importation, to America, of "4TH WORLD" Leper's, AIDS- Inflicted, escaped convict's, E-BOLA Carrier's, &
GOD know's, what other kind's of "Cretinous Creature's", The L*****T T*****R's, want to destroy us with; from the "outside-in", to "The "Inside Out", perhaps's Alien's, from the Moon, Mar's, or from "Planet X", aka The Watusi's or
The "SOROSIAN'S, The most dangerous of them ALL!!!

Paybacktimeishere

Kemmer: I'm not the person that has that terminal, mental, disease aka, "Metatastic, Political Correctness", & the obsessive ailment, that run's rampant, throughout the L*****T,
Radical's, that being, an extreme caring & one-way support, for any RACE, but their own, & to
actively subvert their own Country, into a "Third" or "Fourth World", S***hole!!! You're
the one that need's the help, rather badly, a full
time, Psychiatrist, & maybe a move to the "knife
& gun club", section of CHICAGO, ILLINOIS??

PeterS

Ah, so it was all Billy Boys fault. So deregulation of the financial industry had zero to do with it? Do you think that when we passed the 1999 Gramm-Leach-Bliley Act repealing the Glass-Steagall Act of 1933 that might have gotten the ball rolling. Now granted, Billy Boy did sign it but I don't think the idea originated in his brain cells. Once the financial industry was deregulated that permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. They created interest-only loans that became affordable to subprime borrowers. In 2004, the Federal Reserve raised the fed funds rate just as the interest rates on these new mortgages reset.

Housing prices started falling as supply outpaced demand. That trapped homeowners who couldn't afford the payments, but couldn't sell their house. When the values of the derivatives crumbled, banks stopped lending to each other. That created the financial crisis that led to the Great Recession.

In 2000 the Commodity Futures Modernization Act exempted credit default swaps and other derivatives from regulations. This federal legislation overruled the state laws that had formerly prohibited this as gambling. It specifically exempted trading in energy derivatives. Who wrote and advocated for passage of both bills? Texas Senator Phil Gramm, Chairman of the Senate Committee on Banking, Housing and Urban Affairs. He listened to lobbyists from energy company Enron. His wife, who had formerly held the post of Chairwoman of the Commodities Future Trading Commission, was an Enron board member. Enron was a major contributor to Senator Gramm’s campaigns.

Enron wanted to engage in derivatives trading using its online futures exchanges. Enron argued that foreign derivatives exchanges were giving overseas firms an unfair competitive advantage. Big banks had the resources to become sophisticated at the use of these complicated derivatives. The banks with the most complicated financial products made the most money. That enabled them to buy out smaller, safer banks. By 2008, many of these major banks became too big to fail.

The key to all of this is letting our financial institutions do wh**ever the hell they wanted to. You know--no regulations--the dream of every conservative in the Untied States. But yeah, you're right, Clinton fuked up too. Had he been a liberal Democrat instead of a tool for republicans he could have stopped the whole thing from happening. Of course, Monday morning quarterbacks are always right.

Oh, and I left something out. Our good friend GW cut taxes targeting the wealthy, of course, all coming off a record financial decade so business and the wealthy were awash in cash. So what do the wealthy do when they have loads of cash? No, they didn't create jobs--they poured fuel into the fire which all came tumbling down in 2008.

Now here's my question to you Blade. While the Obama years weren't the best for the little guy they were wonderful for the top 1%. In fact, the record wealth created during the 90's is nothing compared to what they have now. And did you hear that Trump is cutting taxes, again targeting the wealthiest amongst us, so the amount of cash they will have for fires is going to be mind boggling. Now throw in deregulation--a word every conservatives loath--and how is the stage not set for our greatest financial crisis yet?

Just some food for thought. Oh, and of course you conservatives will find a way to blame Obama for all of it. End of story...

PeterS

So that's where the LV and South Texas shooters came from. I always wondered about that...

Jean Deaux

Your observation concerning my age is correct. I'm 81 and a product of Colo State Univ(3 years). I got my BSBA from University of Denver in 1961. I had a major in Business (specialized in advertising and copy writing with a minor in Economics) Went into the USAF and finished my military career with a total of 26 years. I started at a Radar Squadron where I served as Supply Officer and I had, at one time, up to 75 additional duties. Very broadening! Did my year in 'Nam, Apr 69-Apr70 with the wing that operated the spray birds as the liaison between Supply (my specialty) and Maintenance, then went to Hickam AFB in HI where I served as Item Accounting Officer in Base Supply and supervised a dual Univac 1050-II computer system that supported just about everything in the South Pacific except Clark AB in the Philippines.

We developed a local system for what the AF called "mini-grounders" which were the tankers and fighters coming out of 'Nam on their way back to the mainland. We'd get a call from a in-bound bird that something was amiss and have one of our maintenance techs get the specifics on parts that would be needed to correct the situation. They would call us and we'd arrange an issue and have it in a maintenance truck delivered to the parking spot for the A/C. As soon as they had rolled to a stop, our maintenance guys would start working on the problem at the same time the bird was being refueled. Hopefully, they would be ready to depart on time to meet their mission requirements. Hence the "mini-grounder" jargon. Nothing very technical, but it often kept things from going off the track and completed their mission successfully.

I returned to the states and started my final tour at Peterson Field, and upon retirement I left for Saudi where I worked for the Royal Saudi Air Force as a Supply supervisor at King Fahad AB. I worked in Saudi for approximately 5 years total, came back home to Pete Field and then departed for a tour on Diego Garcia. Came home and started my own business till my back gave out, then started driving over the road with Werner. Finally, gave it all up and retired and now I primarily stay on the computer and read a great deal. Politics and WWII history are my first loves but I also like archeology and paleontology.

And what are your circumstances? We are obviously on opposite sides politically but my best friend in Saudi was an ardent Democrat and we both enjoyed long and spirited debates. You also write well and have some new ground for me to plow. I was raised by parents that weren't terribly excited about politics but always tried to select the best man for the job. I started to veer a bit to the right in elementary school from my civics classes influences. I was not at all involved in politics in college but after I got into the military, I started to swerve a bit right and have continued in that direction since. I read the news extensively and have continued as a conservative, in fact, one of my passwords was "Paleoconservative". I liked Goldwater and Reagan a great deal but still did not become active until later. I finally did become a precinct committeeman but my precinct was 15X25 miles and often no one was home so it was often pretty fruitless. I went to 3 Colorado conventions and 4 El Paso County conventions and served as an e******n judge on 3 different occasions. That about encapsulates my political history.

I was again pretty well removed from politics until Clinton came along and was disgusted with many of the couples antics. Then old man Bush really got my dander up when he started talking about his New World Order. "W" blew me out of the saddle when he was in an oval office meeting and he wanted to do something and a subordinate told him that the Constitution denied him that privilege. His retort really frizzled my oats when he said, "Will you get the Constitution out of my face, its nothing but a GD piece of paper".

It was then I decided to join the American Constitution Party and apply myself to adhering to my military oath to protect the Constitution against all enemies, foreign and domestic. Some time after that, obama acceded to the oval office and I have been an ardent Democrat foe ever since. Virtually everything he did lit my rocket and I am still aloft on many issues. But that is just me. Where did you gain your Democrat allegiance? Would like to hear from you, at your convenience, and we can exchange thoughts. All best, Jean Deaux

Jean Deaux

:

I prefer manure and onions compared to that wacky weed you must indulge in!

Blade_Runner Loc: DARK SIDE OF THE MOON

Yup.

PeterS

See, finally something we agree on...

Crayons Loc: St Jo, Texas

"""Never wrote anything about the g****l w*****g s**m and i'm Pro Fracking."""
you seem to have me mixed up with someone else Miss Jean.

As far as Chemtrails go thats a subject for another thread.
Here in TX we have the TX state weather modification program
run by Jack Bohmer, but we only use silver iodide flares.
Our Program is the safest and our results have shown it
creates more profit in the private sector than anywhere else in the world.

kemmer

This just negates your entire post.

S. Maturin

It's hilarious how the democrats used Obama and the obamabots to advance r****m and actually get r****t programs ingrained within the US government so that "whitey"- the race which made America THE world power- start slinking about, heads bowed, moving off the walkways for all others, and seemingly approving of some kids getting preferential treatment because those preferred kiddies have non-white (but not yellow or red) skin.

The most potent of the weapons the progressive socialists have employed since the mid-1980s is DIVERSITY. That and the shame w****s felt at being called a BAD NAME fed the raging race war against all 'whities'.

straightUp Loc: California

I guess, yes to both questions.

One reason that sticks out in my mind with specific regard to economic "morass" is that Obama at least always had a method of financial resolution. I can remember him saying... "how are we going to pay for this?" Then the dramatic pause thing, then he starts to tell us how. I always looked that sh*t up too, 'cause I question everything... Indeed, he always had a plan for how to pay for it.

People don't like to hear that they have to pay for something, especially if it's coming from someone you don't respect. So Obama drew outrage.

...But at least he always had a way to pay for what provisions he sponsored. ...And Trump just... doesn't.

I also see the two basic approaches to spending... "tax-and-pay" or "borrow-and-pay-later" and yes, I have a preference for the former. And yes, I think the later confuses people about who is responsible for the increases in national debt over the past eight years. One fact remain clear to anyone who can filter out the bulls**t... Obama spent far less than Bush did.

It's just too bad so many Americans are too r****ded to see that borrowing money so you don't have to submit a request to Congress and draw attention to it doesn't mean you aren't actually spending... or that spending money to service the national debt doesn't mean you created it.

What we see now in the Republican-led government is the worst example of fiscal irresponsibility since Bush. Adding 1.5 trillion to the debt and being OK with it, or suggesting we have nothing to worry about because it will all just magically work out... in a word... stupid.

kemmer

Matty, your KKK costume from the cleaners is in.

kemmer

Get help, sicko.