On Philly powers into NLCS with 6-2 win over Brewers
Posted on October 6 at 2:42 a.m. ( Suggest removal )
AT least we won a game..That's more then can be said for those lovable LOSERS!
THREE AND OUT...THANKS FOR COMING!
On Did you ever have to make up your mind?
Posted on October 6 at 2:17 a.m. ( Suggest removal )
All the legislation that I keep hearing sited (the community reinvestment act, the deregulation bill from Leech/Grahm) fail to get to the REAL root of the problem, and that was the huge BUBBLE that was created in housing/real estate compliments of Alan Greenspan's insane fiscal policy of the 90's and early 00's. It was the reckless FOMC policy of constantly raising and lowering interest rates (cutting them all the way down to 0.75% in Nov of 02 ) under Greenspan that lead to this artificially inflated market in real estate. Many warned of the coming consequences and possible collapse, and most all laughed at us because the economy was so good, and you main asset (your house) kept going up in value. It is because of the collapse of the real estate/housing bubble which was artificially made by all the liquidity that the Feds created, that has led to this entire mess we are in. Now many homeowners no longer have any equity in their home now that the value has dropped 10-60% (yes some places have seen home values drop over 60%). Once these loans default the banks take a huge paper loss as the property has DECLINED in value from what it was when the loan was made.
On GM Ohio SUV factory to close on Dec. 23
Posted on October 6 at 1:52 a.m. ( Suggest removal )
The big question is will the government now bail out the "big 3"? All are on the verge of bankruptcy, and it would be hard to deny them now that we just blew a near trillion $$$ to bailout all these big banks who were so reckless.
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One positive thing for auto makers is that crude oil is in full scale retreat (has dropped to about $92 a barrel now, after being at around $140 a few short months ago) now that the world economy has grinded to a halt from the financial crisis. You see the price of gas coming down now as a result, and expect it to keep coming down.
Posted on October 6 at 12:49 a.m. ( Suggest removal )
Right; and that "selling them later" is all based on a turn around in housing/real estate. Historically a down turn in real estate/housing lasts for years. These assets they hold which they will be trying to sell back, have more value in the paper they are written on!
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This is total Socialism. Socialism is about government punishing the successful, and rewarding failure. All these failing banks, and other failing business are being rewarded by these endless bailouts. Mean while successful business (ie: oil companies) the politicians want huge windfall profits taxes, to punish their wealth and success. We are totally moving toward socialism. Stock pile all the cash you can, so it won't be taxed to death down the road.
On Congress OKs historic bailout bill
Posted on October 6 at 12:31 a.m. ( Suggest removal )
Thanks for the link zoom. That report really comes as no surprise. As this economy continues to worsen, you will keep seeing illegal immigration on the decline. My link below in this thread details how things will only be getting worse in the next few years.
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They really need to do a lot of following up on this bailout as the $$$ starts to get doled out. Like most of these big cash give aways the media fails to report how foolishly the $$$ is pissed away, and makes corrupt people in millionaires. MANY became millionaires in New Orleans when all that flood $$ was given out with hardly any accountability. I can see a very similar thing here on a much larger scale.
On With a month to go, have you decided your presidential pick?
Posted on October 4 at 10:13 a.m. ( Suggest removal )
I'm really surprised no one has made the connection between this bailout and the war in Iraq.
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Hear me out on this one. I was a Bush supporter (voted for him in 00 and 04) but I think the whole Iraq war was one of his big mistakes that was caused by bad advice from people who surrounded him. Remember George Tenent and others sold him this notion of WMD's, and Saddam breaking all the UN sanctions? Then we had to "do something". So you had a big spiel made by Bush to the public, and then to congress to "do something". Congress BI- PARTISANLY rushed to take action, and we got drug into a war that would go on for years, involve insurgency after insurgency, saw many brave soldiers of ours parish, all the while no WMD's were ever found.
Bush would then be ENTIRELY BLAMED for the bad intelligence and rushing into Iraq, despite the fact that congress had the same intelligence, and overwhelmingly voted to go to war (Clinton, Kerry, Edwards just to name a few prominent Democrats). Bush's popularity would drop like a stone, he'd be accused of rushing us into war based on a pack of lies (more accurately bad intell), all the while the Democrats in congress who voted for it pretended they had nothing to do with it.
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Now we have a bailout, and ONCE AGAIN we are told "SOMETHING HAS TO BE DONE". Bush rushes to put together a bailout plan based off his advice from Secretary of Treasury; Hank Paulson. Just like the war, this "urgent plan" is rushed to congress and Bush goes on TV to sell it to the public. And once again congress buys into it, and passes a 450 PAGE, near ONE TRILLION $$ bail out plan.. I guarantee you that most in congress never even read 10 pages, let alone all 450 pages of that bill.
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Now this is where it gets good. When this thing bombs miserably in a few years, who is going to take the blame? It WON'T be Bush this time. It will be whichever one of these buffoons wins on the 4th of November, as they BOTH FULLY ENDORSED this plan. If it's Obama who wins, this will really be poetic justice. Like all Presidents he will take ALL the heat for the failure, even though he was only partly responsible for it.
On Congress OKs historic bailout bill
Posted on October 4 at 9:40 a.m. ( Suggest removal )
I got to think about this a little creatively, and I think this bailout will turn out to be a great IMMIGRATION BILL!
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HUH, you say?..Well, follow me. It was in the 80's that Mexico had a massive bailout of it's banking system. Of course what it did was devalue the Paco to near worthlessness, made the select few in the upper business/banking super rich, made the politicians rich, and corrupt as ever, and literally screwed the average Joe citizen so severely that they flocked across the boarder to the USA.
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Now if this bailout has similar consequences in our country, there will be no more flocking across the boarder any more! Like I said, GREAT IMMIGRATION BILL!
On With a month to go, have you decided your presidential pick?
Posted on October 4 at 2:04 a.m. ( Suggest removal )
Janesvillemom:
McCain has many differences then Bush, all of which make him WORSE then Bush. He endorses the sham of Kyoto, which is a world wide wealth redistribution in the name of the junk science of Global warming. He voted against Bush's tax cutting policies (all though he now CLAIMS to support them). He's against oil drilling in places like ANWAR (Bush supports it). He opposes keeping Guantanamo Bay open, and water boarding (Bush is for both). I could keep going, but i don't feel like wasting my time. Mccain is very center-liberal. That's why many Democrats endorse him. Joe Biden was actually a big McCain supporter before this election year began. Leibermann is a big endorser of McCain. Leibermann ran AGAINST Bush (as VP), of course, so that alone tells you the two (MCcain and Bush) are not exactly the same.
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The left loves to paint them as being the same because Bush is HUGELY unpopular. The reality is McCain is much worse then Bush, and Obama is worse then them all. You will see that in the coming 4 years, with which ever one of these clowns wins.
On With a month to go, have you decided your presidential pick?
Posted on October 4 at 1:51 a.m. ( Suggest removal )
Whatdidyousay:
yep; that's exactly how I feel to. I personally will be laughing my ass off if Obabma wins, and the hope and change is another Carter regime of double digit everything. Like you, I really don't care to much any more. I am debt free, and have stockpiled large amounts of cash. Hard to be taxed when you when you hold cash (short of the small interest you make on it). I've got my gun, plenty of ammunition, stock piles of food, ext... I'm well prepared for the disaster that will soon be coming with either one of these two buffoons.
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On Philly powers into NLCS with 6-2 win over Brewers
Posted on October 7 at 1:05 a.m. ( Suggest removal )
Suppan clearly has lost it. In the past he was excellent in the post season. Was actually NLCS MVP when he pitched with STL. You pretty much had to start him though. Who else do you go to? No way you go to Giarrdo on 3 days rest coming back from major surgery. Parra would be BOLD, as he was getting shelled just as bad as Suppan was.
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lakennedy: I personally think you shop Feilder around. I think he's pretty over rated, and you could get a lot for him, and avoid having to pay insane $$$ (his agent is that clown Borris, who got A-rod $250 million). OBVIOUSLY you ditch the clown Weeks, who was a major liability all year. Escobar is your future, and my guess is he will be moved into 2nd base next season with either Council or Durham backing him up. Hardy is a must sign at short. VERY under rated, in my opinion. I think you keep Hart, even though he was awful down the stretch. I still think he's a solid player. Above average batting, excellent in the field, and tons of speed on the bases. Cameron will be gone, I'm sure. You have Gwynn, Kappler (probably coming back) and Gammons all fighting for that spot. Braun obviously is your stud, and locked up for years now. 3rd base is still a big weak spot. I'd be looking for a big free agent there, myself.
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Hopefully we can resign CC. He will be the biggest prize on the free agent market. It will be interesting if big market owners throw around this insane $$ this year, with the economy slowing down big time, and credit markets locking up.