Phuking Republicans!

[El Kabong]

So you're telling me Kirkland that being the Chairman and CEO of Fannie Mae and Freddie Mac doesn't matter at all?

Let's get this straight buddy the banks would NEVER have made those loans had not a GSE been there to buy those bad loans up because smart businessmen know that people who can't afford a home CAN'T AFFORD A HOME ergo they don't deserve a loan no matter what good intentions one might have. If a bank wanted to make money on bad loans yes they could abuse the system and that's what happened, the money was guaranteed and well here we are.

But let's all just wait for the magical Barrack Obama to come in a wave his magic wand and fix all this...Democrats NEVER mess up....they never do...even to think such a thing is blasphemy.

[Trainer Monkey]

So you're telling me Kirkland that being the Chairman and CEO of Fannie Mae and Freddie Mac doesn't matter at all?

Let's get this straight buddy the banks would NEVER have made those loans had not a GSE been there to buy those bad loans up because smart businessmen know that people who can't afford a home CAN'T AFFORD A HOME ergo they don't deserve a loan no matter what good intentions one might have. If a bank wanted to make money on bad loans yes they could abuse the system and that's what happened, the money was guaranteed and well here we are.

But let's all just wait for the magical Barrack Obama to come in a wave his magic wand and fix all this...Democrats NEVER mess up....they never do...even to think such a thing is blasphemy.

Richard Nixon-Gas Crisis,Recession,sorry Republicans,the gas crisis happened in 1973
Ronald Reagan-Two recessions,and two stock market collapses
George Bush-1 Recession
George Bush 2-Two recessions,a gas crisis,and two stock market collapses
Not to mention two different major investment market bailouts
Man you guys are just kicking ass,by ass of course I mean,average working person

[El Kabong]

Lyndon B. Johnson - if you don't like how we got in Iraq you wouldn't like this guy, the Gulf of Tonkin Incident...BOGUS...and Nixon tried to win the war and of course everyone hated on him for it....pussies

Carter - Iran hostage crisis, GIANT PUSSY..."oh we're having an energy crisis?!?!?! Let's turn down thermostats and wear sweaters"...that's REAL leadership....meanwhile Reagan wins the Cold War and gets hostages home

Clinton - Team America World Police....but no one complained then, we were doing good things, helping the Muslims in Bosnia and Somalia and then they go and blow us up.....way to go that REALLY helped our "Standing in the World" which honestly is total CRAP...I don't give two shits what any other country thinks of the USA, I live here and it should care about us first and everyone else second.


http://www.youtube.com/watch?v=4OCnoaY5_I8

....a fine Democrat tactic "Vote early and vote often"..."We'll give you a ride, and food, and....stuff"

[Kirkland Laing]

Lyndon B. Johnson - if you don't like how we got in Iraq you wouldn't like this guy, the Gulf of Tonkin Incident...BOGUS...and Nixon tried to win the war and of course everyone hated on him for it....pussies

Carter - Iran hostage crisis, GIANT PUSSY..."oh we're having an energy crisis?!?!?! Let's turn down thermostats and wear sweaters"...that's REAL leadership....meanwhile Reagan wins the Cold War and gets hostages home

Clinton - Team America World Police....but no one complained then, we were doing good things, helping the Muslims in Bosnia and Somalia and then they go and blow us up.....way to go that REALLY helped our "Standing in the World" which honestly is total CRAP...I don't give two shits what any other country thinks of the USA, I live here and it should care about us first and everyone else second.


http://www.youtube.com/watch?v=4OCnoaY5_I8....a fine Democrat tactic "Vote early and vote often"..."We'll give you a ride, and food, and....stuff"

This is all just nonesense. And Reagan didn't win the cold war, capitalism did. Reagan was a corporate socialist, like Bush 43 is.

And it appears you've conceded the argument and accepted my Infallibility on the current economic crisis. Excellent.

[El Kabong]

This is all just nonesense. And Reagan didn't win the cold war, capitalism did. Reagan was a corporate socialist, like Bush 43 is.

And it appears you've conceded the argument and accepted my Infallibility on the current economic crisis. Excellent.

Say what you will but Reagan was a great leader and one of the best Presidents of all time.

[Trainer Monkey]

This is all just nonesense. And Reagan didn't win the cold war, capitalism did. Reagan was a corporate socialist, like Bush 43 is.

And it appears you've conceded the argument and accepted my Infallibility on the current economic crisis. Excellent.

Say what you will but Reagan was a great leader and one of the best Presidents of all time.

Lyle I hate break it to you,I was a teenager under Reagan,Hinkley should have taken more target practice first

[El Kabong]

Lyle I hate break it to you,I was a teenager under Reagan,Hinkley should have taken more target practice first

Leave it to you to show how much couth you lack...I wouldn't ever say anything like that about any Democrat President no matter how much I disagree with them or dislike them.

[OumaFan]

What dumb bastards think huh I'm going to vote for the guy who could easily die in office which would give us this:

"That's why I say, I, like every American I'm speaking with, we're ill about this position that we have been put in, where it is the taxpayers looking to bailout. But ultimately, what the bailout does is help those who are concerned about the healthcare reform that is needed to help shore up our economy, helping the--oh, it's got to be all about job creation, too, shoring up our economy and putting it back on the right track. So, healthcare reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americans. And trade, we have--we've got to see trade as opportunity, not as a competitive, scary thing, but one in five 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."




Apparently Palin prepared a written version of that beforehand and it was riddled with spelling errors.

Actually in all seriousness I would say Palin's most likely literate but even knowing that she's probably not qualified. The dumbing down of America, Republicans work so hard at it.

[Kirkland Laing]

This is all just nonesense. And Reagan didn't win the cold war, capitalism did. Reagan was a corporate socialist, like Bush 43 is.

And it appears you've conceded the argument and accepted my Infallibility on the current economic crisis. Excellent.

Say what you will but Reagan was a great leader and one of the best Presidents of all time.

I'm just pleased that you accept my Infallibility.

If this current crisis gets bad enough to be remembered in future years like the Depression is half of Americans will still be blaming it on Jimmy Carter and Clinton.

[Kirkland Laing]

So you're telling me Kirkland that being the Chairman and CEO of Fannie Mae and Freddie Mac doesn't matter at all?

Let's get this straight buddy the banks would NEVER have made those loans had not a GSE been there to buy those bad loans up because smart businessmen know that people who can't afford a home CAN'T AFFORD A HOME ergo they don't deserve a loan no matter what good intentions one might have. If a bank wanted to make money on bad loans yes they could abuse the system and that's what happened, the money was guaranteed and well here we are.

But let's all just wait for the magical Barrack Obama to come in a wave his magic wand and fix all this...Democrats NEVER mess up....they never do...even to think such a thing is blasphemy.

No, the CEOs of Fannie and Freddie have something called a fiduciary duty to their shareholders to guarantee AAA-rated mortgage paper that makes two to three percent above government bonds. They could technically be sent to jail for not buying it. The CEOs of those firms were doing everything they could to make as much money as they could within the rules, because that's what every other competing firm does. That's why you don't scrap the rules, you don't take the referees off the field, but that's what happened after 2003.

A vast amount of the current loans aren't guaranteed by Fannie and Freddie. F and F guarantee roughly half all bad mortgage paper. Lots of private sector firms that guarantee this stuff are out of business or in the case of AIG now owned by the US government. Which means your tax dollars are currently sponsoring Man Utd.



This did happen because Wall Street know the government will bail them out, but that's Reagan's fault. He bailed them out the last time they got this much deregulation, a Savings and Loans bailout that put $1.2 trillion on the nationsal debt. John McCain was involved in one of the biggest S and L scandals. So they went and did it again when they got the opportunity. This bailout will eventually cost a couple of trillion, maybe more.