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Election 2008 Discuss the upcoming election in 2008.

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  #21 (permalink)  
Old 09-25-2008, 02:53 AM
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There's nothing McCain can do but vote, up or down, for the bill. He's not on the committee that's working on the bill. Suspending his campaign is just political theater.

And why can't Palin, his running mate, simply go out and campaign while he's in DC?

Is she too busy praying for God to protect her from witchcraft, or what?

YouTube - Palin Witchcraft
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  #22 (permalink)  
Old 09-25-2008, 02:54 AM
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Quote:
Originally Posted by malrenalds View Post
Just to add some perspective. If handled correctly We could get more money back then what we put in.

I doubt that will happen but it is entirely possible.
If we're buying mortgage backed securities made up of foreclosed mortgages, they are worthless. That's why no one will buy them. We're buying junk.
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  #23 (permalink)  
Old 09-25-2008, 02:54 AM
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Originally Posted by BoneDaddy View Post
I just ordered heirloom seeds. I guess I'll be heading up to do a fall crop.
I'm da^ned glad I bought silver when it was 6/oz. We'll see how far those FRNs will go if this goes through.

I don't think that many understand what is about to happen. I know a guy who lived through Argentina. This will be very similar. Now...you compound this with the thread I am about to start about the 3rd ID. Makes the back of my neck itch.
Yeah.. no kidding. I bought gold on the lows recently ( real gold, not "stocks").. My brother warned me about the 3rd ID before others decided to report on it. Many people don't realize no matter what America is screwed.
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  #24 (permalink)  
Old 09-25-2008, 02:56 AM
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Quote:
Originally Posted by malrenalds View Post
Just to add some perspective. If handled correctly We could get more money back then what we put in.

I doubt that will happen but it is entirely possible.
Last time that this happened we the tax payers footed the bill and at that point it was on 10% of what is going on now.
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  #25 (permalink)  
Old 09-25-2008, 02:58 AM
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Originally Posted by Finny View Post
Last time that this happened we the tax payers footed the bill and at that point it was on 10% of what is going on now.
You mean in the savings and loan scandal involving John McCain, part of the Keating 5?
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  #26 (permalink)  
Old 09-25-2008, 02:59 AM
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Originally Posted by ViolaLee View Post
You mean in the savings and loan scandal involving John McCain, part of the Keating 5?
First off.. it was McCain's wife.. and he was found innocent by a Democrat majority.. go figure.

But yes.. the S&L was nothing compared to this.
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It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office.
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come on you know you wanna play football..

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  #27 (permalink)  
Old 09-25-2008, 03:08 AM
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Quote:
Originally Posted by Finny View Post
First off.. it was McCain's wife.. and he was found innocent by a Democrat majority.. go figure.

But yes.. the S&L was nothing compared to this.
What was McCain's wife?

It was John McCain, the Senator who was part of the Keating 5. It was John McCain who was friends with Charles Keating, who flew on Keating's jet to the Bahamas. Charles Keating was a long time friend and associate of John McCain. What did Cindy McCain have to do with anything? It was Senator McCain who tried to get the heat off Keatings S&L. It was McCain who intervened and tried to convince several Senators to get the regulators to stop investigating. It was John McCain who got reprimanded by the ethics committee. He wasn't found innocent. He just wasn't charged with a major offense.
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  #28 (permalink)  
Old 09-25-2008, 03:14 AM
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Quote:
Originally Posted by Finny View Post
First off.. it was McCain's wife.. and he was found innocent by a Democrat majority.. go figure.

But yes.. the S&L was nothing compared to this.
He was acutely found to have used "poor judgment" (not guilty by reason of stupidity).

This is different from the S&L in the since of what is wrong and what we will do.


Clinton actually Made a huge amount of Cash bailing out Mexico during his presidency.

And if we insist as the Dems have done on not aiming to take a loss on this we could actually come out in a few years with a profit off of those mortgages.

But as it seems now the great amount of money we are spending most of it Will get repaid.
I hope!
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  #29 (permalink)  
Old 09-25-2008, 03:18 AM
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Quote:
Originally Posted by malrenalds View Post
But as it seems now the great amount of money we are spending most of it Will get repaid.
I hope!
I don't buy it. I don't think buying junk mortgage backed securities can make money. They aren't worth anything now, and we're going to overpay for them to give the banks money. It's a losing deal.
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  #30 (permalink)  
Old 09-25-2008, 03:20 AM
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Quote:
Originally Posted by malrenalds View Post
He was acutely found to have used "poor judgment" (not guilty by reason of stupidity).
Still not guilty.. It's like Clinton trying to define the word is.



Quote:
Originally Posted by malrenalds View Post
Clinton actually Made a huge amount of Cash bailing out Mexico during his presidency.
Yes, he did.. don't tell democrats.
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Pioneers are walking all around singing songs about Lenin and they should be shot for it.

Handlebars

"If you are looking for the guilty, you need only look into a mirror"- V

It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office.
H. L. Mencken

come on you know you wanna play football..

Beagán agus a rá go maith.

Economic Left/Right: 3.75
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