Say Anything Blog

Sales compared to a year ago

GM DOWN 31 percent

Ford down 32 percent

Chrysler down 53 percent

Toyota down 37 percent

Yes, sales are brisk thanks to the Republican Depression!

Rob: It’s that “economic freedom” thing; absent leftie coercion, people buy what they want.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

Can’t you read?

NOBODY IS BUYING SHIT. They have no money or jobs thanks to the republicans.

While sales are poor, people are in fact buying.

1% of Americans pay 40% of the income tax.
5% of Americans pay 60% of the income tax.
10% of Americans pay 70% of the income tax.

Can’t you read?

NOBODY IS BUYING SHIT

Can’t you read?  People are buying SUV’s.

The purpose of government shouldn’t be to do good, but simply to refrain from doing evil.

The Republican depression caused by Democrat policies. A little history for the uniformed masses of asses would help them out a lot… Shall we start where it all began, with Jimmy ‘the dumbest President ever’ Carter and talk about the CRA. And then we can hear from the wizard of smart, Bawney’s Fwank who ran the banking into the ground with his chasing the mythical libtard redlining imagined discrimination. Along the way we could ask BJ Clintoon why he changed the banking rules.

And we always have the Obama-Acorn scam that the rule changes allowed That One to obtain his first real job, hustling banks in to making poor quality loans. Community organizer, short for Communism.

And when Republicans tried to do something about reining in loans to illegals and other none worthy credit risks, they were told all is fine with the banks.

However what Democrats do well, like Obama, is lie, cheat and steal. And that they are very good at. Did you know Obama’s lawyer owns his house? Did you know that Rangel is a tax cheat?

Yawn. That’s about as old a song as the “liberals take from the productive to give to the lazy”.

No one except the most stupid stems is going to blame a bubble that inflated from 2002 to 2008 on a 30 year old regulation that doesn’t even contain an enforcement provision.

You are a seriously stupid stem.

Obama sued to force a bank to give bad loans under the CRA.

1% of Americans pay 40% of the income tax.
5% of Americans pay 60% of the income tax.
10% of Americans pay 70% of the income tax.

TW: We know dino likes to make up its own facts.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

“liberals take from the productive to give to the lazy”.

As it ever was…The percapita of ablebodied slackers is rising with each passing class of entitled unwed mamas, and from your obvious command of diction and vocabulary, I assume you to be in the ranks…

Sweet new ride, Rob, though I don’t know how you’re going to be very discreet when you visit the res in that thing.  :^)

And yes, this does prove that people try to buy the vehicle they need, not the vehicle the government wants them to have.  If it were not for another poorly chosen law, CAFE, they could have a 28mpg station wagon like the V8 powered Buick Roadmaster instead of the 20mpg Suburban.

And yes, part of the subprime problem does have a little bit to do with government.  Enforcement provisions for the CRA were added during the Clinton administration, as well as a near doubling of the enforcement budget.  As Whistler notes, Barack Rezko Blagojevich Daley Obama sued on behalf of poor credit risks to get some foreclosures—I mean risky loans—in Chicago.  At about that time, I started to notice that really insane loans were becoming popular—100% loan to value, 125% loan to value (my sister in law had one of those), and so on.

Gas prices won’t hold with OPEC cuts.

These people are going to be in for a world of hurt come next year.

Banks that disciminate based on race SHOULD be sued.

Saying the CRA is the cause won’t make it any more true than it was when I destroyed your arguments the last 100 times you posted it.

Silly stems.

You’ve destroyed arguments, Dina?  If you have, you’ve covered your tracks pretty well, since none of the people whose arguments you’ve destroyed seem to be aware of it. 

Moreover, you’ve yet to actually answer the basic problem with the CRA; if you know that you may be sued for refusing to make certain loans, are you more or less likely to make them?

Ordinary human nature suggests that with somebody looking over your shoulder with a club in his hand, you are going to be willing to make a few risky loans just to get him off your back.  That’s exactly what foreclosure maps of the inner city suggest as well.  We pushed banks to make these loans, and voila!—those loans are going bad, just as any good banker 30 years ago would have predicted.

Are there other culprits?  Sure, but that doesn’t get Fannie, Freddie, the Fed, and other government agencies off the hook.  It just makes them co-conspirators.

And yes, this has a lot to do with the problems in the car industry.  Note, by the way, the first apparent growth in market share for GM and Ford in a while.  Some good news there.

Gas prices won’t hold with OPEC cuts.

Wrong on two counts: First, OPEC is already hurting financially, and cutting production will only make their pain worse, especially as we have non-OPEC sources for our oil; Second, we can develop our own oil resources, if the Obamunist is intelligent enough….

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

I’m too sure the banks were afraid of getting sued. LOL

You seem unable to grasp the fact that no one asked banks to make loans to UNQUALIFIED APPLICANTS. The CRA clearly states that banks were “encouraged” to loan money back to their depositors IF THE LOANS CONFORMED TO THE BANKS MEASURE OF CREDITWORTHINESS.

And if, as you say, the banks made a few loans to get little scary lawyers off their backs, that wouldn’t have produced the meltdown we see now.

What you racists fail to grasp is what a small percentage of the country is even minority much less a minority adult seeking a loan. The US is still around 70 percent WHITE. There’s no way to pin this on poor minorities though you keep trying.

There’s no way to pin this on poor minorities
though you keep trying.

You lie again; it is the fault of the Dem social engineers.  Period.
Mandating bad business practice creates economic disaster.
You are apparently too stupid to understand that simple fact.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

Let’s not forget that during the Clinton debacle banks argued that they weren’t discriminating because their standards led to default rates as high for blacks as for whites.

Which means the credit standards were being enforced based on ability to pay rather than skin color.

The Clintonians claimed that if a higher percentage of blacks were denied then it must be racism.

Obviously that was wrong but the Clintone’s held the club. 

I think the biggest problems was the lack of standards at Fannie and Freddie.  That led to a ton of money being injected to the housing market which created the bubble.

1% of Americans pay 40% of the income tax.
5% of Americans pay 60% of the income tax.
10% of Americans pay 70% of the income tax.

Yes, Dina, nobody would EVER fear getting slapped with a lawsuit where your bank’s name would get dragged through the mud whether the bank deserved it or not.  The bank Obama sued NEVER was afraid that negative articles in the Tribune and the Sun-Times might adversely affect business.  It’s not like banks that ADVERTISE in those papers would think that what one reads in the papers would affect consumer behavior, after all.

And you call us “brainstems” when you use that kind of illogic?

Sorry, reality is that the CRA was always steeped in racial language.  The kind that companies hate to be associated with.  Moreover, Clinton strengthened its enforcement provisions, and any inner city realtor can tell you the results.

Foreclosure city as banks intimidated into reducing lending standards issued loans that they never would have underwritten before.  Combine that with Fannie and Freddie buying loans up like there was no tomorrow, and you have a recipe for a credit disaster. 

Again, certainly not the only cause, but any sane, thinking person (unfortunately this apparently excludes you) realizes that loosening credit standards is going to result in more failed loans.

And it’s wrought havoc on all markets, not just housing.  Money is fungible.

Wrong on two counts:

Make that three R108, other than possibly the 1972 embargo that taught the Saudis a bigger lesson than it taught us, OPEC has never been able to follow through with the production cuts they promise. They’re driven by greed so there’s always a few members that ignore the quotas and reap the benefits.

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

  Gas prices won’t hold with OPEC cuts.

Wrong on two counts: First, OPEC is already hurting financially, and cutting production will only make their pain worse, especially as we have non-OPEC sources for our oil; Second, we can develop our own oil resources, if the Obamunist is intelligent enough….

Wrong on at least one account.

Make that three R108, other than possibly the 1972 embargo that taught the Saudis a bigger lesson than it taught us, OPEC has never been able to follow through with the production cuts they promise. They’re driven by greed so there’s always a few members that ignore the quotas and reap the benefits.

Opec announces price cuts. Gas prices rise ten cents or more.

I don’t pretend to be an economist. I just report what I see.

Opec announces price cuts

did you intend to say price or did you mean production cuts?

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

Whoops. Yes indeed I meant production cuts. My apologies.

After they announced their production cuts the price continued to fall until the market realized that the Israelis were in this for the long haul, there was concern about supply disruption that caused a $.20 jump locally the day after Israel announced its intentions. Since then Gas prices locally have started inching back, although oil is still up. My gut tell me that oil traders are still in panic mode, time will tell.

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

During the latest rise in gas prices, I thought that no one had a right to bitch. Everybody seemed to think the government could do something about the high prices at the pump. Poppycock. The consumer has the right to be as foolish as he wants to be. If he buys a gas guzzler, he shouldn’t bitch. If he buys a gas-mizer, he is being smart and made a wise choice. The idea of government mandates on vehicle mileage is no more than cooercion, plain and simple. The green cars will come. Without a push from the government. The American public is either savvy consumers, or dummies who will never learn.

I just report what I see.

No, you don’t.  When OPEC first announced production cuts, the price of oil dropped into the low 30s.  Again, you cherry-pick to affirm your prejudice.  You also know nothing of cause and effect; you assume a relationship out of ignorance.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

Yup. You got me.

Despite admitting ignorance in the world oil market, you’ve seen through my ruse, and have unmasked my vain attempts to foist my prejudice against OPEC upon the masses here at SA.

Teach me, oh wise user of the phrase “cherry-pick”.

For the record, upon closer examination, I’m actually more fond of Spartacus’ rationale. He explained his opinion in a clear and concise fashion, without assuming that I had any sort of ill-will in my statements.

Everybody seemed to think the government could do something about the high prices at the pump. Poppycock.

Actually, it was thirty years of obstructing domestic energy development, foisted on us by the Dems, which enabled your terrorist buddies to gouge us.  As soon as President Bush announced the end of the Executive ban on offshore oil development, oil prices began falling, and have continued to do so.  Since his announcement, oil has fallen to about one-third the peak price in August.

ETH: Stop your cherry-picking, and I’ll stop pointing it out.
Spartacus and I have already schooled you on this subject.  Just read and learn.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

ETH: Your feelings are not my concern.  The facts are the facts, but you seem caught up in style concerns, instead of grasping the truth of the situation.  Your problem, not mine.
I know you better than Spartacus, obviously.  Your hatred is obvious, and it colors your comments.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

I know you better than Spartacus, obviously.  Your hatred is obvious, and it colors your comments.

...what the fuck?

...How is my hatred of something evident in a discussion about global oil prices?

Spartacus and I have already schooled you on this subject.  Just read and learn.

“schooled” ...damn R108 that sound like it out of the uh, ‘30’s, are you a crusty old fart?

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

..How is my hatred of something evident in a discussion about global oil prices?

This is not our first conversation, as you well know, so don’t pretend otherwise, please.
If you had just said that you didn’t really understand the subject, no problem, but you made some declarative statements that revealed the arrogance of your ignorance, and then you tried to diss me.  That’s hatred and arrogance enough for me.

Spartacus: Wow!  I thought I was being all hip and groovy.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

/sarcasm

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

Spartacus: Wow!  I thought I was being all hip and groovy.

Miss all the free love that was available back in the 60’s? 

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

^ those hippy chicks were something else, weren’t they?!

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

...LOL

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

I follow the two rules of being a gentleman:

“A gentleman never kisses and tells.”

and,

“A gentleman takes his weight on his elbows.”

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

This is not our first conversation, as you well know, so don’t pretend otherwise, please.

My question is what I’m hating. Despite my problems with you, I certainly don’t hate you. Not even close.

If you had just said that you didn’t really understand the subject, no problem, but you made some declarative statements that revealed the arrogance of your ignorance,

Making conjecture based on the information you have isn’t arrogance. It’s reasoning. Are you telling me that developing trains of logic is arrogance, because I didn’t check with someone more educated first?

And then you tried to diss me. That’s hatred and arrogance enough for me.

Let this stand as my formal apology for dissing you. It was an emotional response to an argument, and was inappropriate.

Making conjecture based on the information you have isn’t arrogance.

Your statement wasn’t conjecture, although I take it you intended for it to be so.

I appreciate your apology.  I always prefer to be factual and logical, rather than emotional, and appreciate your intent to do likewise.  Thanks again.

If govt control of the economy were the way to go, the Soviet Union would be the richest, most powerful nation in the history of the world.

Thanks to Obama, America remains the only country where it is illegal to drill our own oil!

These people are going to be in for a world of hurt come next year

and they have the right to be hurt. when do i get my gas bailout?

anyway, i love my tahoe and old jeep. im am tickled pink it cost less per gallon to fill with a refined product that has to been pumped from FAR below the earths surface than a starbucks coffee consisting of filtered bean water or tap water in a plastic bottle. the only problem i have is that we dotn let people dig for more of our plentiful oil.

A coward is much more exposed to quarrels than a man of spirit.
Thomas Jefferson

Mine is better than ours.
Benjamin Franklin