Say Anything Blog

The Republican Depression will overshadow any scandal you people may manufacture.

At this point, Obama could shoot a man in Reno just to watch him die and the people would support him.

At this point, Obama could shoot a man in Reno just to watch him die and the people would support him

What is that even supposed to mean?  Not a very compelling argument.

The Republican Depression will overshadow any scandal you people may manufacture.

Dino’s dyslexia corrected below:

The Congressional Depression will overshadow any scandal you people may notice.

THE REPUBLICAN DEPRESSION? FACT IS, IF YOU KNEW A DAMN THING ABOUT HISTORY, IT WAS JIMMY CARTER WHO SIGNED LAWS STARTING THIS LOAN PROGRAM TO PEOPLE WHO COULDNT PAY THEM BACK, CIRCA 1976-1980. BILL CLINTON IN THE 1ST TWO YEARS AS PRESIDENT WITH A DEMOCRATIC CONTROLLED HOUSE AND SENATE GOT NAFTA PUSHED THROUGH. IN THE LATE 90’S, IT WAS THE SAME BILL CLINTON WHO ORIGINATED WITH HIS CRONIES AND PASSED LAWS REPEALING THE SORBANE OXLEY ACT OF THE 1930’S BASICALLY LETTING BANKS AND INSURANHCE COMPANIES AND STOCK MARKETS TO GET INTO EACH OTHERS BUSINESS. AND FROM 2001 ON, IF YOU COULD DO MATH, THE DEMOCRATS HAVE HAD CONTROL OF THE HOUSE AND SENATE. I BELIEVE CARTER AND CLINTON WERE BOTH DEMOCRATS. ANYBODY KNOW?

The media want us to focus on Bagojevich’s hair, that he’s crazy, Emmanuel, North Dakota—-everything but the real question:
It’s now obvious that the 2004 senate seat was also bought—by whom? for what?

Taped Conversations Of Blagojevich And Rahm Emanuel May Exist

words, just words: BHO

Don’t worry about Dina/“Tinky-Winky.”  He’s already demonstrated very clearly that he’s not interested in the give & take of debate.  He rather just wants to mock, and thinks he’s a hot little number in pink for doing so.

Regarding the point, I’m with our host.  Why is Obama basically saying that he wasn’t going to do his job and guide the selection of his replacement? 

Of course, given I disagree with his politics, I think it’s a great thing whenever he doesn’t do his job, but to admit it point blank is very interesting.  It’s like he expects that the media won’t figure out that he’s SUPPOSED to guide the selection of his successor.

Well that makes a little bit of sense, but still, why lie about it and make yourself look like a bum?

Reports: Taped Conversations Of Blagojevich And Rahm Emanuel May Exist

By Rob on December 12, 2008 at 09:22 am

They may exist your headline asserts, yet again as easily they may not.

Dear Brainstems,

Looks like Bernanke shoots your stupid as f*ck “CRA and Jimmy Carter caused the meltdown” theory down!

Bernanke: CRA Not to Blame for Housing Crisis

And the WSJ says you’re full of crap too!

Don’t Blame the CRA

My GOD! Emanuel and the Governor had a conversation???

THAT’S THE SMOKING GUN!!!!!

Poor brainstems. No ideas, no power. Rapidly declining membership and even less respect.

What is that even supposed to mean?  Not a very compelling argument.

Bill on December 12, 2008 at 11:56 am

It means that Dino didn’t take his meds yet and he needs help.

Check out:
Goon’s North Dakota Red Neck
Goon’s World

I guess we couldn’t expect Dina to keep on topic, could we?  Oh well.  But to his “sources”: well, would you expect that the Fed, which promoted the CRA and pursued a decade of easy money policy, to admit that these policies led in part to a disaster?  Come on, Dina, follow the incentives….loosen lending standards, do you expect A. More or B. Fewer or about the same problem loans?

And then a blog as a reference?  Good work, Dina, they ought to award you a Ph.D. for that level of research.

But back to the question at hand, if Rahm Emanuel did NOT talk with Rod Blagojevich about Obama’s replacement, he, and Senator Obama, are not doing their job.  Period.  If they did, as they should have, and did not report Blagojevich’s attempt to solicit a bribe, they were not doing their job.

So we come to a very comforting conclusion about Team Obama.  This whole episode would seem to indicate that they are not about to do their job.

To the person that wrote this…

“THE REPUBLICAN DEPRESSION? FACT IS, IF YOU KNEW A DAMN THING ABOUT HISTORY, IT WAS JIMMY CARTER WHO SIGNED LAWS STARTING THIS LOAN PROGRAM TO PEOPLE WHO COULDNT PAY THEM BACK, CIRCA 1976-1980. BILL CLINTON IN THE 1ST TWO YEARS AS PRESIDENT WITH A DEMOCRATIC CONTROLLED HOUSE AND SENATE GOT NAFTA PUSHED THROUGH. IN THE LATE 90’S, IT WAS THE SAME BILL CLINTON WHO ORIGINATED WITH HIS CRONIES AND PASSED LAWS REPEALING THE SORBANE OXLEY ACT OF THE 1930’S BASICALLY LETTING BANKS AND INSURANHCE COMPANIES AND STOCK MARKETS TO GET INTO EACH OTHERS BUSINESS. AND FROM 2001 ON, IF YOU COULD DO MATH, THE DEMOCRATS HAVE HAD CONTROL OF THE HOUSE AND SENATE. I BELIEVE CARTER AND CLINTON WERE BOTH DEMOCRATS. ANYBODY KNOW?”

If you knew your history, you would know that the Federal Reserve is causing the depression with the help of both Republican and Democrat politicians that they paid for. You people who think it was the president or the congress make me sick. They are the puppets of the global elite who are orchestrating this…WAKE UP!

D.A. Hick -
Remind me to never ask you were you get your history books. I’m not going to deconstruct your entire argument because the topic is too complex for a simple reply to a blog. But I do want to correct one of your assertions… that is the “SORBANE OXLEY ACT OF 1933” as you refer to it.

First of all, it’s the Sarbanes-Oxley Act and it was passed in 2002, not 1933. It was not repealed by Clinton but in fact passed by GW Bush. Sarbanes-Oxley (aka SOX) has nothing to do with allowing banks and insurance companies the ability to get “into each others business”. In fact, SOX was established as a result of the Eron and other corporate scandals of this period. SOX mandate (in the broadest sense) was to “establish new or enhanced standards for all U.S. public company boards, management, and public accounting firms. It does not apply to privately held companies.” Now that we have this figured out let’s move on to what you were probably referring to which was the The Glass-Steagall Act of 1933.

Among the many things Glass-Steagall was created to fix it established the Federal Deposit Insurance Corporation (FDIC), created banking reforms designed to curb speculation and had a provision which prohibited bank holding companies from owning other financial companies (nothing about insurance companies - I should know, I work for one). Glass-Steagall was repealed on November 12, 1999 with the passage of the the Gramm-Leach-Bliley Act (GLBA). Now, since you KNOW your history, I’m sure you don’t have to be told that all three of the bill’s sponsors were Republicans. The bill was passed easily in both the House and the Senate which were controlled by Republicans and Clinton signed GLBA into law. The fact that Clinton signed the bill certainly raises questions as to why but to lay all this at his feet is ignorant and revisionist. Clinton and his staff claim they didn’t fully understand the ramifications of repealing Glass-Steagall, which is possible considering that Clinton is known for his charm and not necessarily his intelligence or attention to detail. Regardless, you seemed so sure in your reply that this was all Clinton’s doing.

While on the topic of history, one other thing you forgot to mention was that Nixon took us off the gold standard which has been cited by a number of experts as one of many contributors to this crisis. I’m sure this was just an oversight.

Finally I would like to see any sources you have that attribute the market meltdown to the passage of NAFTA. I’ve yet to hear this argument. Sure NAFTA can be cited as a contributor to our trade deficit but to say it is a cause of the banking/lending destabilization is nonsense. 

I hope I’ve helped clarify the facts and would be more than happy to discuss other contributions to this situation including the non-politic variables.

Take care,

JS