bush_cheney2004 Posted January 14, 2009 Report Posted January 14, 2009 I am not whining I am however not trying to nail someone to the cross for making a mistake many people who work for international organizations and foreign embassies often make. This is going to get spun in the Republicans face you wait and see. Who cares? That's just part of the game...in the "states". It's just part of the deal.....Obama's team stepped on their crank and now we will see what happens with a liitle political pressure and maneuvering. What? Did you think the rules of the political game would be suspended just for Obama? It's his turn in the barrel. Quote Economics trumps Virtue.
Huston Posted January 14, 2009 Report Posted January 14, 2009 I am not whining I am however not trying to nail someone to the cross for making a mistake many people who work for international organizations and foreign embassies often make. This is going to get spun in the Republicans face you wait and see. If one person can make a mistake and everyone makes mistake, then should international, global, or powerful organization be limited to minimize the impact of a mistake. Like the too large to fails, hahaha!!!! Imagine if the whole world was under one organization for food.. or in the treasury section, a global currency. What if it fails? We be fucked, since any alternative would be illegal or black market. Quote
punked Posted January 14, 2009 Report Posted January 14, 2009 If one person can make a mistake and everyone makes mistake, then should international, global, or powerful organization be limited to minimize the impact of a mistake. Like the too large to fails, hahaha!!!!Imagine if the whole world was under one organization for food.. or in the treasury section, a global currency. What if it fails? We be fucked, since any alternative would be illegal or black market. What the fuck are you talking about? Quote
Huston Posted January 14, 2009 Report Posted January 14, 2009 What the fuck are you talking about? Boy, are you daft. It is the complaint about a treasury secretary making mistake. Duh! There is a reason why libertarians want small government. I already gave those, so I will not repeat it again. The whole Obama policy is for bigger government. Massive stimulus. What if they are wrong, or make a mistake? That would be up to 300 million tax payers problem to pay off. Quote
punked Posted January 14, 2009 Report Posted January 14, 2009 Boy, are you daft. It is the complaint about a treasury secretary making mistake. Duh! There is a reason why libertarians want small government. I already gave those, so I will not repeat it again. The whole Obama policy is for bigger government. Massive stimulus. What if they are wrong, or make a mistake? That would be up to 300 million tax payers problem to pay off. Yah well Deregulation a Libertarian idea was the biggest mistake it has so far cost about 3-5 Trillion dollars. I am the daft one though right? Quote
Shady Posted January 14, 2009 Author Report Posted January 14, 2009 Yah well Deregulation a Libertarian idea was the biggest mistake it has so far cost about 3-5 Trillion dollars. I am the daft one though right? You keep repeating that talking point, which is patently false. Government forcing banks and lenders into offering loans to people who wouldn't otherwise qualify isn't deregulation, it's Government interference in a free-market economy. Quote
punked Posted January 14, 2009 Report Posted January 14, 2009 (edited) You keep repeating that talking point, which is patently false. Government forcing banks and lenders into offering loans to people who wouldn't otherwise qualify isn't deregulation, it's Government interference in a free-market economy. Yah the housing bubble was caused by those driving up prices. These speculators were able to do so becuase the de-regulation of the market. Then normal people could not longer afford the houses or to pay of the debts they incurred buying the houses. House bubble crashes when that happened. Not only that but banks were allowed to bundle these terrible mortgages which people could not pay and act like they had some value ripping off and burning some of the biggest investment firms again caused by deregulation. But what do I, the SEC, Bush, Greenspan, and others know you clearly know better. Edited January 14, 2009 by punked Quote
Huston Posted January 14, 2009 Report Posted January 14, 2009 Yah well Deregulation a Libertarian idea was the biggest mistake it has so far cost about 3-5 Trillion dollars. I am the daft one though right? You buy into the deregulation bit huh? There were not deregulation, only more government interference that made it possible to make high-risk loans, and poor monetary policy. Banks didn't want to do it, but laws passed under Carter and Clinton administrations (while these were not Democrat bills, democrats certainly supported them, but hey easy credit is what they want) required them to do so. The banks had meet high-risk loan quotas. That's regulation! While there was also commericial bank deregulation in 1999, in which Ron Paul rejected to support. <http://www.house.gov/paul/congrec/congrec99/cr110899-glb.htm>. The repeal of the Glass-Stegall Act merely made it possible for the bad insentive created by other regulations possible. As a note: There was no deregulation on the side of the federal reserve or central banking, in which the federal reserve made artificially low interest rates. Also, the government still held the risk. If the banks held the risk they would have been more smart at managing money, but like I said, the Carter administration accepted regulations that puched for dangerous loans You can use the Obama "deregualtion is the problem" mantra or shun the McCain "deregulation is a good" mantra all you want. Quote
Huston Posted January 14, 2009 Report Posted January 14, 2009 (edited) Yah the housing bubble was caused by those driving up prices. These speculators were able to do so becuase the de-regulation of the market. Then normal people could not longer afford the houses or to pay of the debts they incurred buying the houses. House bubble crashes when that happened. No, if you take Freddie and Fannie, they were created by the government regulated so that loans were easy to get. The Fed made interest rates artificially low. There is an economic formula (or so I am told by the experts) to determine the real rate in a free market, but is always superceded by central banks wanting to stimulate the economy. Oh, by the way, 'Bush' regime never deregulated anything. They certainly manipulated it though. Edited January 14, 2009 by Huston Quote
Shady Posted January 15, 2009 Author Report Posted January 15, 2009 I think what you mean is America doesn't need a Treasury Secretary who has been the head of the largest Federal Reserve Bank for 6 years. Is this the kind of "on the job training" you're talking about??? Geithner's risky oversight of Citigroup As president of the New York Federal Reserve Bank, Timothy Geithner often preached that gargantuan financial firms like Citigroup should be held to the highest regulatory standards to make sure they couldn’t take on too much risk. But when it came to supervising Citigroup in recent years, the record shows that the New York Fed eased the reins as the company blew billions on subprime mortgages and other risky deals that ultimately forced the biggest bank rescue in U.S. history Politico Because if it is....no thanks! Quote
Huston Posted January 15, 2009 Report Posted January 15, 2009 Is this the kind of "on the job training" you're talking about??? Geithner's risky oversight of Citigroup As president of the New York Federal Reserve Bank, Timothy Geithner often preached that gargantuan financial firms like Citigroup should be held to the highest regulatory standards to make sure they couldn’t take on too much risk. But when it came to supervising Citigroup in recent years, the record shows that the New York Fed eased the reins as the company blew billions on subprime mortgages and other risky deals that ultimately forced the biggest bank rescue in U.S. history Politico Because if it is....no thanks! It is embarrasing at the criteria people use or explect. Such low expectations by these people. Quote
punked Posted January 22, 2009 Report Posted January 22, 2009 And he is approved no squirming or anything. Welcome to the new left. Quote
Shady Posted January 22, 2009 Author Report Posted January 22, 2009 Oh, and was his writing off of his children's summer camp as business expenses also blamed on working for the IMF? Just because he's confirmed, doesn't mean he's not a tax cheat. And yes, we all need to be welcomed to the new left, hope n change. Where treasury secretaries don't pay their taxes, attorney generals pardon crooks and terrorists, and commerce secretaries need to withdraw over pay to play scandals. A new era of responsibility! Quote
Shady Posted January 31, 2009 Author Report Posted January 31, 2009 Instead of creating a new topic thread for a new Obama tax cheat, I figured I'd just build on an existing one. Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver ABC News has learned that the nomination of former Senator Majority Leader Tom Daschle, D-SD, to be President Obama’s Secretary of Health and Human Services has hit a traffic snarl on its way through the Senate Finance Committee. The controversy deals with a car and driver lent to Mr. Daschle by a wealthy Democratic friend, a chauffer service the former Senator used for years without declaring their use on his taxes. ABC News Quote
BubberMiley Posted January 31, 2009 Report Posted January 31, 2009 (edited) One day soon you're bound to have some actual interesting dirt on Obama and not just someone he knows. I know it must be frustrating now, but it will come. I'm very sad to see the Ayers signature go. That was always a little ray of sunshine on an otherwise lame forum. Edited January 31, 2009 by BubberMiley Quote "I think it's fun watching the waldick get all excited/knickers in a knot over something." -scribblet
Shady Posted January 31, 2009 Author Report Posted January 31, 2009 One day soon you're bound to have some actual interesting dirt on Obama and not just someone he knows. I know it must be frustrating now, but it will come.I'm very sad to see the Ayers signature go. That was always a little ray of sunshine on an otherwise lame forum. Once again you choose to dodge the real issue. I think the American taxpayers deserve the same kind of tax holiday that Geithner and Daschle received. How about a Geithner/Daschle tax holiday provision for everyone, in the otherwise giant debacle know as the economic stimulus package? Also, how many more tax cheats is Obama going to appoint to his administration? And if you find this forum lame, then leave. Quote
BubberMiley Posted January 31, 2009 Report Posted January 31, 2009 (edited) Dodging what issue? That Obama knows how to properly vet people, unlike Bush with Harriet Myers or McCain with Palin? It's to Obama's credit that these issues are on the table before the appointees are confirmed. Edited January 31, 2009 by BubberMiley Quote "I think it's fun watching the waldick get all excited/knickers in a knot over something." -scribblet
Shady Posted February 1, 2009 Author Report Posted February 1, 2009 So Obama deserves credit for appointing tax cheats to important cabinet positions? Nice try. Quote
punked Posted February 1, 2009 Report Posted February 1, 2009 So Obama deserves credit for appointing tax cheats to important cabinet positions? Nice try. What do you know about the guys besides the tax issues? Quote
bush_cheney2004 Posted February 1, 2009 Report Posted February 1, 2009 What do you know about the guys besides the tax issues? What more do we need to know? Obama's Band of Crooked Brothers is growing: Rezko Geithner Daschle Richardson ..and counting Quote Economics trumps Virtue.
Shady Posted February 2, 2009 Author Report Posted February 2, 2009 “Make no mistake, tax cheaters cheat us all, and the IRS should enforce our laws to the letter. ” Sen. Tom Daschle, Congressional Record, May 7, 1998, p. S4507. That's an unfortunate comment. Quote
bush_cheney2004 Posted February 2, 2009 Report Posted February 2, 2009 “Make no mistake, tax cheaters cheat us all, and the IRS should enforce our laws to the letter. ” Sen. Tom Daschle, Congressional Record, May 7, 1998, p. S4507.That's an unfortunate comment. ROTFLMAO Welcome to Washington Mr. President. Quote Economics trumps Virtue.
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