tag:blogger.com,1999:blog-9102706.post4057554831533967415..comments2024-02-24T11:50:55.413-08:00Comments on Lydia Cornell: HAUNTING MORAL DILEMMAS * WE'RE AS SICK AS OUR SECRETSFans and Friends of Lydia Cornellhttp://www.blogger.com/profile/01512357844572930333noreply@blogger.comBlogger319125tag:blogger.com,1999:blog-9102706.post-23202370178202176372009-02-23T10:38:00.000-08:002009-02-23T10:38:00.000-08:00Please read the new blog. Thank you. Sorry for the...Please read the new blog. Thank you. <BR/><BR/>Sorry for the delay. <BR/><BR/>Please post new comments on new blog thread. <BR/><BR/>thank you. Also, please post your opinions of the OSCAR show. <BR/><BR/><BR/>We are soon posting a persuasive essay on why BANKS MUST START LENDING. Bart has written extensively on this and we all have to agree that this is of the utmost urgency. <BR/><BR/>How can we get them to start lending? That is the big question......<BR/><BR/>Please leave comments on new blog thread. This one is closed for now.Fans and Friends of Lydia Cornellhttps://www.blogger.com/profile/01512357844572930333noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-10111471621292539892009-02-22T13:17:00.000-08:002009-02-22T13:17:00.000-08:00And if you still need a better reason to try that ...And if you still need a better reason to try that plan, consider this.<BR/><BR/><BR/>George W Bush, rejected it.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-64849055267365588062009-02-22T13:16:00.000-08:002009-02-22T13:16:00.000-08:00This isn't "my plan". Its a lot of people's plan, ...This isn't "my plan". Its a lot of people's plan, but for some reason partisan bickering and "revenge motives" are getting in the way.<BR/><BR/>We need clear heads now in our collective time of crisis and nationalizing the banks BEFORE we even bother to try whats worked before, simply does not make sense.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-49445693877232843412009-02-22T12:31:00.000-08:002009-02-22T12:31:00.000-08:00"Crisis times require stern measures. America has ...<I>"Crisis times require stern measures. America has done well in the past to face up to economic turmoil, take strong measures, and put our problems behind us. <BR/><BR/>RTC-like mechanisms <B>have worked well in past crises. Now is the time to take a similarly forceful step.<BR/></B><BR/>The American economy still has enormous underlying strengths. What we need, and in part are proposing, is a road map to financial stability."</I><BR/><BR/><BR/>Paul Volker - Chairman Federal Reserve under Reagan <BR/><BR/>Nicholas F Brady - Secretary of the Treasury under George H W Bush<BR/><BR/>Eugene Ludwig - US Comptroller under Bill ClintonMeet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-51558319044966550132009-02-22T12:28:00.000-08:002009-02-22T12:28:00.000-08:00A few months back, last year when Bush was still h...A few months back, last year when Bush was still handing out money to the banks with no stipulations attached compelling them to lend, three men who oversaw (and one who was partly responsible) the Savings and Loan crisis of the 1980's wrote an article in the Wall Street Journal, calling for the resurrection of the Resolution Trust Corporation or a similar entity, to help liquidate failing institutions (not just let them collapse) and inject capital back into the system.<BR/><BR/>Paul Volker, Chairman of the Federal Reserve under Reagan, and Nicholas Brady, Bush 1's Treasury Secretary called for a return to "what worked before" in the article, and being Brady oversaw a successful "return from the edge" once, it behooves us to at consider their ideas, which happen to coincide with mine.<BR/><BR/>From the article in the Wall Street Journal entitled, "Resurrect the Resolution Trust Corporation".<BR/><I><BR/><BR/>There is something we can do to resolve the problem. We should move decisively to create a new, temporary resolution mechanism. There are precedents — such as the Resolution Trust Corporation of the late 1980s and early 1990s, as well as the Home Owners Loan Corporation of the 1930s. This new governmental body would be able to buy up the troubled paper at fair market values, where possible keeping people in their homes and businesses operating. Like the RTC, this mechanism should have a limited life and be run by nonpartisan professional management.<BR/><BR/>Such a stabilizing mechanism would accomplish four much-needed tasks:<BR/><BR/>- First, by buying paper that otherwise is effectively not trading, it would help restore liquidity to the marketplace and help markets to function more fluidly again.<BR/><BR/>- Second, by warehousing the troubled paper for a longer period than, for instance, the Fed’s discount window typically should or could, it would allow for a more orderly liquidation of this paper, and the chance for much of it to recover a portion of its value.<BR/><BR/>- Third, by giving the agency the ability to manage mortgages with flexibility to keep people in their homes and businesses running, it should lessen the number of foreclosures. This, in turn, would help moderate the decline in real estate values and the deterioration of neighborhoods, thus supporting house prices that in fact lie at the heart of the crisis.<BR/><BR/>- Fourth, where necessary, like the RTC of the 1980s, this new mechanism can assist the Federal Deposit Insurance Corporation in resolving sick institutions that are so clogged with the troubled paper they cannot continue as independent entities. However, we would hope that purchasing the mortgage-related paper will minimize the need to provide emergency, short-term assistance to solvent banking institutions.</I><BR/><BR/>This was advice Bush should have listened to and I am hoping the sort of advice President Obama will be listening to.<BR/><BR/>In fact, in his spirit of Bi-Partisanship it would make sense for him to consult Brady and Volker, and others. I’m not saying do everything they say, but they do have keen insights into this problem and they oversaw a successful return from the edge.<BR/><BR/>If President Obama and congress created a vehicle to inject lending capital, and ONLY lending capital into the more stable banks, help collapse the unstable ones while redistributing their assets much like the RTC did, then we’d see a resurgence of jobs and economic growth almost overnight. The housing market which was propping up our economy would do so again, being responsible for a whopping 1 in 8 US jobs. This would stabilize our economy and give us the luxury of having the time to correct other problems that people are looking at now.<BR/><BR/>So the lending needs to return first. Home and auto lending. Otherwise we will always be applying first aid, and never actually getting to the other areas or preventive maintenance needed to make sure we don’t end up here again.<BR/><BR/>Whatever they do, and however they do it will ultimately involve liquidating some financial institutions (not just letting them fail), restructuring others and most importantly, injecting LENDING capital back into the system in order to turn back on the job markets. The Housing market propped up our economy throughout the reign of George W Bush, until it collapsed in 2007 when lending was frozen.<BR/><BR/>Restart lending and we prop up the economy again, meaning people go back to work, and the hemorrhaging stops long enough to do the sort of rebuilding and such people are talking about.<BR/><BR/>Once we get this ship safely to shore then we can talk about core changes, but rebuilding the ship in the middle of the ocean is not an option. Not a sane one at least. And getting this ship to shore means stopping the hemorrhaging and the only way to do that is to turn back on lending. And the only way to turn on lending is the injection of lending capital back into the banks.<BR/><BR/>We haven’t even tried that yet and here we are talking about nationalization.<BR/><BR/>We should at least try what worked before, before throwing out the baby with the bathwater.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-12182935791569570572009-02-22T12:20:00.000-08:002009-02-22T12:20:00.000-08:00This comment has been removed by the author.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-7874593402774800292009-02-21T16:59:00.000-08:002009-02-21T16:59:00.000-08:00This is why America is foundering. Because instead...This is why America is foundering. <BR/><BR/>Because instead of solutions and serious minds, we have nonsense like this.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-54525179712129529622009-02-21T16:25:00.000-08:002009-02-21T16:25:00.000-08:00Whine away to your bondage buddies freak, go do yo...Whine away to your bondage buddies freak, go do your stalking somewhere else.Jackiehttps://www.blogger.com/profile/11044963576579226738noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-70891524086991858872009-02-21T16:23:00.000-08:002009-02-21T16:23:00.000-08:00Cry to the blog hostess you perverted freak can't ...Cry to the blog hostess you perverted freak can't you see she doesn't want your kind on here.Jackiehttps://www.blogger.com/profile/11044963576579226738noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-37156986569349208942009-02-21T16:22:00.000-08:002009-02-21T16:22:00.000-08:00You're not welcome on this blog you ass faced bond...You're not welcome on this blog you ass faced bondage freak.Jackiehttps://www.blogger.com/profile/11044963576579226738noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-17154731416336212212009-02-21T16:21:00.000-08:002009-02-21T16:21:00.000-08:00Where is the lying coward MCH at tonight, has be b...Where is the lying coward MCH at tonight, has be been chained down in his tears?Jackiehttps://www.blogger.com/profile/11044963576579226738noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-78652649985609299272009-02-21T16:18:00.000-08:002009-02-21T16:18:00.000-08:00MCH must be all tied up tonight after failing to o...MCH must be all tied up tonight after failing to out last the great Bartlebee.Jackiehttps://www.blogger.com/profile/11044963576579226738noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-55469094712344405562009-02-21T16:15:00.000-08:002009-02-21T16:15:00.000-08:00MCH must be stalking kids tonight since the great ...MCH must be stalking kids tonight since the great Bartlebee made him cry again.Jackiehttps://www.blogger.com/profile/11044963576579226738noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-7080625962107309922009-02-21T13:32:00.000-08:002009-02-21T13:32:00.000-08:00All Congress has to do is take out 100 Billion or ...All Congress has to do is take out 100 Billion or so out of the TRILLIONS we're throwing at the problem, and earmark it for HOME and AUTO lending.<BR/><BR/>They can do that in one of three ways.<BR/><BR/>1. Give it to lenders ONLY FOR MAKING LOANS.<BR/><BR/>2. Create a Federal fund with it and allow lenders to draw against it to write loans.<BR/><BR/>3. Use it to insure all new loans lenders write for the next 24 months, meaning if a homeowner defaults the lender still gets paid.<BR/><BR/><BR/>Do just ONE of those three things, and watch our economy turn back on overnight.<BR/><BR/>Watch as millions of Americans start going back to work, as builders start building again, and as small businesses start hiring again, and as auto workers keep or regain their jobs... as realtors, title companies, home inspectors, termite inspectors, construction companies, cabinet makers, roofers, electricians, plumbers, HVAC techs, aluminum siding installers, carpet layers, flooring installers, tile installers, painters, drywall workers, stone masons, brick layers, chimney sweeps, electricians, and the manufacturers of all those materials that they work with and all the people that work for the factories making them, and all the trucking companies that deliver them, and the railroads that ship em, and the Home Depot cashiers that sell them.<BR/><BR/>And on and on and on and on.<BR/><BR/>The jobs are TOO NUMEROUS to fathom. <BR/><BR/>Why that's so elusive a concept, I'll never know. <BR/><BR/>But apparently it is, so I am spelling it out as clearly and as simply as I can put it.<BR/><BR/>1 in 8 US jobs depends on the Home Industry. <BR/><BR/>3 Million or more depend on the Auto Industry. <BR/><BR/>So unless we make loans available again to purchase these two products with, then these MILLIONS and MILLIONS of people, your friends, your neighbors, your loved ones, ...will continue to lose their jobs.<BR/><BR/>And in doing so, lose their homes, adding to the crisis.<BR/><BR/>We need to get Congress to know that WE KNOW, that it wasn't US, but it was THEM and the corrupt financial institutions that brought us here.<BR/><BR/>It wasn't our not paying our debts. The statistics PROVE that.<BR/><BR/>It was THEM, lying about their losses and projected losses thanks to Dick Cheney deregulating their oversight.<BR/><BR/>Return wide scale lending.<BR/><BR/>Return oversight.<BR/><BR/>And everyone goes back to work.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-68964809684178457762009-02-21T13:23:00.000-08:002009-02-21T13:23:00.000-08:00We've thrown about a TRILLION dollars at this prob...We've thrown about a TRILLION dollars at this problem and we're throwing a TRILLION more at it, and it's not doing a DAMNED THING.<BR/><BR/>In fact, stocks tanked AFTER signing the stimulus bill and continued to CRASH all week! TO a SIX YEAR LOW!<BR/><BR/>Why?<BR/><BR/>Because investors KNOW what I know.<BR/><BR/>That LENDING MUST RETURN FIRST, BEFORE we throw money at other areas.<BR/><BR/>Giving tax incentives to try and stimulate home and auto sales BEFORE addressing the loans needed to buy those homes and cars is like giving policemen bullets before you give them the guns.<BR/><BR/>It's like giving carpenters nails without hammers.<BR/><BR/>Its STUPID. And it makes no sense.<BR/><BR/>We must first address lending, THEN we can worry about tax credits for home and auto sales, bailouts for lenders and auto dealers, etc. <BR/><BR/>Once we deal with the credit freeze.<BR/><BR/>If I offend anyone in my speech I apologize but that is not my intent. This is not about me, its about saving ourselves! Its about keeping our ship from sinking. <BR/><BR/>Its about PLUGGING THE HOLE.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-19403127162471570592009-02-21T13:12:00.000-08:002009-02-21T13:12:00.000-08:00I made a promise to myself on New Years that I was...I made a promise to myself on New Years that I was done with the one liner back and forths, the name calling and the bellicose barbs, whether giving or receiving. <BR/><BR/>So in spite of people like MCH or Voltron's attempts to bait me into a back and forth name calling session I am focused on SOLUTIONS.<BR/><BR/>Don't like me? Fine. <BR/><BR/>Call me names like MCH, who just called me a "Piece of sh$t". <BR/><BR/>Falsely accuse me of name calling, or whatever. <BR/><BR/>But do it and be done with it.<BR/><BR/>THEN, look at what I am saying and have been saying since the lending froze with the help of congress back in fall 2007.<BR/><BR/>Because this isn't about me, nor is it about debate. It's about SOLUTIONS. <BR/><BR/>And everyones been offering their opinions, ideas, debate points, information, etc, since 2007 NO ONES addressed the actual problem of turning on lending.<BR/><BR/>Throwing money at the problem won't help. It's like the fire department laying out hoses at a burning building without putting WATER into them!<BR/><BR/>Think about it.<BR/><BR/>How will it help to put the MILLIONS and MILLIONS of Americans who have either lost their jobs, are losing their jobs, or are working on reduced incomes by giving tax breaks for buying homes and cars to jumpstart those industries.....if people can't get the loans to BUY THEM WITH???<BR/><BR/>Think.<BR/><BR/>Think about what I am saying.<BR/><BR/>Call me all the dirty names you want. Insult me. Insult my intelligence. Come in and suggest I haven't researched the issue (even though I have interests in the field and have been expounding on it for the last 2 years), attack my character, attack my credibility, attack my intentions, attack my personality....whatever.<BR/><BR/>Say your dirties and be done with it.<BR/><BR/>I could care less.<BR/><BR/>Because when you are done making this about me, perhaps you might ask yourself the question, "<I><B>gee, if a whopping ONE EIGHTH of US jobs RELIES ON HOUSING, then how are we going to get those jobs back and create new ones, ....without unfreezing mortgage lending?"</B></I>.<BR/><BR/>Think about it.<BR/><BR/>How can Americans buy homes without mortgages?<BR/><BR/>Huh?<BR/><BR/>How?<BR/><BR/>Lying about it and pretending lendings not frozen by producing anecdotal nonsense like the trolls won't work.<BR/><BR/>Buying into the Financial institutions NONSENSE about this being about "people borrowing above their means won't work".<BR/><BR/>What will work, is accepting the fact that the lenders LIED to and ABOUT you, blaming THEIR WOES on Americans not paying their mortgages when in fact at the time they were saying that a WHOPPING 99 percent of all Americans were PAYING their mortgages on time.<BR/><BR/>And over 98 percent are STILL paying them.<BR/><BR/>Those aren't "my figures". Those are from REALTY TRAC.<BR/><BR/>You know. The company you and everyone in the media has been producing figures from, without bothering to look at the ACTUAL year end totals. <BR/><BR/>Once more, for the 1 BILLIONTH time. <BR/><BR/>Mortgage foreclosure rates in 2006 were at 0.48 PERCENT, or just under half a percent.<BR/><BR/>In 2007, that number doubled, and when it did, it was presented as "MORTGAGE FORECLOSURES DOUBLED!!!". <BR/><BR/>But what they didn't tell you, is that they only went up to 1 percent.<BR/><BR/>They focused on the glass being half empty, or in this case, being ONE PERCENT EMPTY,....INSTEAD of focusing on the fact the glass was NINETY NINE PERCENT FULL!<BR/><BR/>Then, mortgage defaults actually SLOWED in 2008, coming in at 1.84 percent. <BR/><BR/>Still climbing up there, but at a SLOWER PACE. <BR/><BR/>They didn't focus on that though, instead they keep pumping into the media geographically isolated statistics, statistics from select downturned market areas and types, etc. <BR/><BR/>But they didn't bother to tell you that the glass was still over NINETY EIGHT PERCENT FULL!<BR/><BR/>And the reason they did that was because they needed to convince you people that it was YOU not paying your bills that was the problem. <BR/><BR/>Instead of what the actual problem is, i.e. THEM lending outside of THEIR MEANS.<BR/><BR/>When Bush and Cheney opened up the Sub Prime market, that was fine. <BR/><BR/>But when they DEREGULATED LENDER OVERSIGHT, they opened a Pandora's box, by permitting lenders to lend outside of their means.<BR/><BR/>So now, they have to sell the LIE, that it was US, and NOT THEM, who screwed up.<BR/><BR/>And most Americans are lapping it up like kittens to cream.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-62487926801960726692009-02-21T10:54:00.000-08:002009-02-21T10:54:00.000-08:00If you can't figure out that the credit crisis IS ...If you can't figure out that the credit crisis IS the crisis at the moment, then nothing else I can say is going to help.<BR/><BR/>I've dumbed it down as low as I can go. <BR/><BR/>I've spelled it out in painstaking detail. <BR/><BR/>I've produced the ACTUAL foreclosure rates, PROVING it wasn't "people borrowing above their means" yet everyone still wants to echo that LIE.<BR/><BR/>That lie was started by the financial institutions to cover their collective assess by putting the onus for this problem back on OUR heads.<BR/><BR/>Don't you see?<BR/><BR/>They lied to you.<BR/><BR/>They gave mindless media morons foreclosure statistics that were based on specific markets, lending, demographs and time periods, with hopes that the media would just present them on face value, and that's what the media did.<BR/><BR/>Never bothering to repeat the OVERALL foreclosure rates.<BR/><BR/>Because if they did, you'd all see that LESS THAN 2 PERCENT of mortgages in the US are in any state of foreclosure!!!<BR/><BR/>Don't you see?<BR/><BR/>They LIED to you.<BR/><BR/>And everyone's helping them sell these lies by perpetuating them. <BR/><BR/>This wasn't people borrowing outside of their means.<BR/><BR/>It was LENDERS LENDING outside of their means.<BR/><BR/>Get it?<BR/><BR/>They removed regulatory oversight, which permitted lenders to underestimate potential losses in the Sub Prime markets.<BR/><BR/>That permitted them to;<BR/><BR/>A. Roll more subprimes into overvalued mortgage backed securities. <BR/><BR/>B. Lend MORE money than they had<BR/><BR/><BR/>Thats it.<BR/><BR/>Its not rocket science. <BR/><BR/>And right now we're sinking fast because there's a HOLE in our hull.<BR/><BR/>And the HOLE IS LENDING IS FROZEN. <BR/><BR/>Forget Voltron and his anecdotal nonsense. <BR/><BR/>Forget distractions and personal feelings.<BR/><BR/>We need to PLUG THE HOLE. <BR/><BR/>And the HOLE IS LENDING.<BR/><BR/>And if we don't plug the hole, meaning turning on wide scale lending, both for Homes, Autos and Small Business loans, then we can throw money at the problem till its all gone and it still won't help.<BR/><BR/>This ain't about me.<BR/><BR/>It's about all of us and its about SOLUTIONS.<BR/><BR/>And the SOLUTION to stopping the HEMORRHAGING of jobs and wealth is to turn on lending.<BR/><BR/>That's not the panacea for all our problems, but it WILL "plug the hole".Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-74138532657678869772009-02-21T10:42:00.000-08:002009-02-21T10:42:00.000-08:00Will "take no prisoners" Hart said... Bartlebee...Will "take no prisoners" Hart said...<BR/><I><BR/> Bartlebee, if you want to come over to my site and civilly/rationally discuss the issues, you're more than welcome to. If, however, your sole purpose is to denigrate and ridicule me, then, no, you're not. It's as simple as that. You decide.</I><BR/><BR/><BR/>A, why would I want to do that? <BR/><BR/>B. what's to discuss? How hard is it for you people to fathom one simple concept I've been trying to pound into your heads now for more than a YEAR???<BR/><BR/>You all sit wringing your hands, crying the end is near and spouting doom and gloom and blaming this on everything from deadbeat borrowers to Mitt Romney, yet none of you seem to get the simple fact that LENDING being shut off in fall of 07, took a crisis with securities bonds being undervalued due to overrolling of the sub primes, and turned it into a catastrophe. <BR/><BR/>What is so hard about that concept to grasp???<BR/><BR/>I don't claim to be a genius, but come on.<BR/><BR/>I feel like a one eye man in a city of blind people.<BR/><BR/>I'm not trying to be mean and I'm not trying to insult and I'm not trying to start arguments. <BR/><BR/>I'm trying to get you people to see.<BR/><BR/>Well, mostly Lydia, because she has the pulpit. She can reach more than any of you. <BR/><BR/>Every day we're hemorrhaging jobs by the thousands and wealth by the millions, perhaps billions. <BR/><BR/>We need to PLUG THE HOLE.<BR/><BR/>And the HOLE IS LENDING.<BR/><BR/>I don't know what else to tell you.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-29688603690912961572009-02-21T10:37:00.000-08:002009-02-21T10:37:00.000-08:00No Fear said... I wonder how many folks 'debati...No Fear said...<BR/><I><BR/> I wonder how many folks 'debating???' here actually research the whole subject at hand.</I><BR/><BR/><BR/>First, this isn't a debate. I'm giving you facts. If you don't like them sorry. <BR/><BR/>Second, I don't see one single thing you said there that contradicts anything I said. <BR/><BR/>Third, for someone with no fear you sure seem afraid of actually addressing the person you're talking to, which obviously is me since I'm the only one debating. Why not just address me? <BR/><BR/>I don't bite.<BR/><BR/>Look, as I've pointed out a 10 MILLION times now, this ain't about me, and it ain't about being right, and it ain't about opinions.<BR/><BR/>What are we stupid here?<BR/><BR/>Is it that hard for people to comprehend the simple fact that without credit no one can buy a home or a car???<BR/><BR/>And without homes or cars being bought, then no one can sell one???<BR/><BR/>And without people selling homes or cars, MILLIONS and MILLIONS and MILLIONS of Americans are going to lose their jobs?<BR/><BR/>Screw Mitt Romney. We hate him. So?<BR/><BR/>He's a rube. But he didn't cause this crisis and bitching and moaning about him won't solve it.<BR/><BR/>I'm not debating this issue. <BR/><BR/>I'm offering a SOLUTION.<BR/><BR/>And so far I'm the only one offering an actual solution. <BR/><BR/>Everyone else is just spreading the fear and panic. <BR/><BR/>The doom and gloom.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-53155769961301247172009-02-21T10:02:00.000-08:002009-02-21T10:02:00.000-08:00Bartlebee, if you want to come over to my site and...Bartlebee, if you want to come over to my site and civilly/rationally discuss the issues, you're more than welcome to. If, however, your sole purpose is to denigrate and ridicule me, then, no, you're not. It's as simple as that. You decide.Will "take no prisoners" Harthttps://www.blogger.com/profile/02315659209094683602noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-41265258930533917102009-02-21T06:51:00.000-08:002009-02-21T06:51:00.000-08:00I wonder how many folks 'debating???' here actuall...I wonder how many folks 'debating???' here actually research the whole subject at hand. I now work for an enormous company. I've been there 11 years now. It's corrupt how our CEO...the highest paid in the industry...lines his pocket and the pockets of the 2,000 vice presidents with the cuts taken out of the people like me...on the front lines. It, over the past 8 years has gotten progressively worse. We were in bankruptsy but, somehow millions were there to aquire another business...make a big to do for the "elite" customers...on and on. We were due massive pay raises the day "after" 9/11. Yes, you probably know what I do for work now. I've lost friends...long story about how I was invited on that trip...I could or should, yet again...not even be here. I do a lot of writing for CNN and similar sites. I speak out against the crimes of those that make and change or re-format laws to benefit their own special intrests. You have NO idea what Romney did to Massachusetts. NO IDEA!!! He, like many of those in his party, is an elitest. One example (I wrote a huge story on this) was that he closed a facility called "Fernald School" or the "Eunice Kennedy Shriver Center". These were little bungalows in a community where special needs people (very special) were able to live life to the fullest in the most normal but, not dangerous enviorment. The staff tended to their medicines, they were all friends...and now it's gone. My sister lived there...she past a month before the closing. She lived at home until she required around the clock care (ie a tracheotomy, feeding tube etc...) WE were there every day. My sister wasn't supposed to reach puberty...she left the planet just before her 40th birthday. The facility was AMAZING. However, Romney and his buddies, with the "tax cuts" and such deemed that place un-important enough for State Funds. Wow. He was more intrested in hiring staff for the big dig...You may not know much about the big dig or the paticular facility I'm speaking about unless you know a bit about Boston.<BR/><BR/>Anyway, the facility is closed, many of the clients were given something like a "severence package" and were mainstreamed. They didn't make it. Others were put into a cold, harsh, non-caring type of ward...forgotten. How can one govenor have such power do make descions...that kill innocent people? How could Romney, with his slick smirk and $200 haircut...commit such crimes as this? Look at the flip flop on the Gay marrige issue he said he supported when running for President! He tried to do everything in his power to end it. How can he, and those like him face the world everyday...knowing what they've done...and not be held accountable? Where is the God here? The heart? Look at the Bush appointed Religious Leader...smashing the pulpit about the abominations of people that are gay...or do dope? Didn't he say, ..."now lets pray for the abominations...the homosexuals...and all their sins...that they shall return and forever remain in hell..." Now, Haggart is capitalizing on his own "crimes" and "abominations"...<BR/>I think a massive healing is on the way...the planet is wounded...and all of it's beautiful, perfect people are so sad. You can't purchase your slepping bag in heaven...are you going spend your last, stolen, cash on a diamond encrusted headstone? This is America...for generations people worked so hard for what they and we have...only to be robbed blind by "the special club"<BR/><BR/>I don't wish ill will on those...I pray for them...and I would like to see them held puplically accountable...even if to answer a few questions<BR/><BR/>Lydia, you are right...WE ARE AS SICK AS OUR SECRETS.<BR/><BR/>On one occasion that we spent talking...we spoke about this. I'm very upfront about things...even somethings that are deemed realy weird. Please, don't get me wrong, I always manage to maintain some order of decorum. When I tell the truth...no matter how odd it is...There is no chance that someone could come back to me and say, "oh, did you really..." my response is YES or NO. Period. I choose NOT to be bound, destroyed or live in fear that someone will find out my "secrets"!!! Please, set yourself free everybody...<BR/><BR/>As far as the "debates" a few here are very "one sided" and biased...look at the facts...investigate every last detail before making your words public...and always tell the truth. Truth hurts sometimes but, it will never come back and haunt you...Anonymoushttps://www.blogger.com/profile/15429390973001689224noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-17354906563867578242009-02-21T02:26:00.000-08:002009-02-21T02:26:00.000-08:00An Interesting Double Standard<A HREF="http://whitenoiseinsanity.com/2009/02/21/interesting-double-standard/" REL="nofollow">An Interesting Double Standard</A>clifhttps://www.blogger.com/profile/01789324243613548212noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-619933405002136982009-02-21T01:51:00.000-08:002009-02-21T01:51:00.000-08:00The United States TreasuryCredit markets began to ...The United States Treasury<BR/><BR/><BR/><B><BR/><I>Credit markets began to freeze, and consumers and businesses around the world found it more difficult and expensive to get the credit necessary for the smooth functioning of the global financial system.<BR/><BR/>The consequences of this credit crunch are still developing;</I><BR/></B><BR/>US.Treasury.govMeet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-77245628957730163092009-02-21T01:40:00.000-08:002009-02-21T01:40:00.000-08:00Housing is a critical component to the U.S. econom...<I><B><BR/><BR/><BR/><BR/>Housing is a critical component to the U.S. economy and by extension the availability of credit.<BR/><BR/>Roughly one in eight U.S. jobs depends on housing<BR/><BR/></B></I><BR/><BR/>FoxNews.comMeet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.comtag:blogger.com,1999:blog-9102706.post-79929644605653283812009-02-21T01:39:00.000-08:002009-02-21T01:39:00.000-08:00There is no one single act that will turn this eco...There is no one single act that will turn this economy around quicker, or restore more jobs quicker, than the Fed providing lending capital to banks.<BR/><BR/>Everything else hits small sectors, and creates minimal amounts of jobs. <BR/><BR/>But restore lending, home lending, and you'll restore more American jobs than anything else we could try. <BR/><BR/>Because a whopping 1 EIGHTH of US jobs are tied to the housing market. <BR/><BR/>And that means if we restore the housing market we restore and create more jobs than anything else we could do.<BR/><BR/>THATS why this is not about "me being right".<BR/><BR/>THATS why this is not about some simple minded trolls and their personal vendetta's against me.<BR/><BR/>This is about US, and our country is foundering. <BR/><BR/>And there's a solution staring us right in the face, and all we have to do is start demanding it be implemented. <BR/><BR/>So tell your friends. Tell your congressmen. Lydia, you've to a radio show. Tell your listeners. <BR/><BR/>Tell them to write or call their congressmen and demand they RESTORE LENDING. <BR/><BR/>Do that, and we can turn this crisis around now. <BR/><BR/>And until we do that, nothing we do is going to make much difference.Meet the Worfeushttps://www.blogger.com/profile/16488142527364797150noreply@blogger.com