fairmon's comment history

fairmon said...

limric said...SNOW, not Bush, warned Congress & the White House – and was summarily dismissed because of it.

I watched the congressional meeting where Bush and Snow both were present and where the negative reaction occurred. I had a video of that session but unfortunately deleted it. Barny Franks was spitting all over the place and flailing his arms as he insisted Fanny and Freddy were in good financial shape and that they were very well managed. The bonuses the managers of those two entities received could be considered a crime.

I think I recall Snow resigning with his disgust of the whole system obvious although not stated.

September 30, 2014 at 7:52 p.m.
fairmon said...

librul said...

Hmmmmmm -

Fairmon said: "not agreeing with someone or despising their policies and practices is not sufficient evidence to convict."

Librul said..Tell that to Dickhead Nixon and Wild Willy Clinton.

Neither was convicted. Nixon resigned and was pardoned by Ford. Clinton suffered no penalty other than public opinion temporarily.

Your description of behavior may be accurate, unfortunately that behavior was not illegal. Congress with all their insider trading can't afford to be very aggressive with the bankers and businesses.

Most people conclude the way the economy collapsed somebody had to do something crooked, but actually very little was illegal. Starting with Carter's push for home ownership loans became easier and easier to get. Bush and Snow tried to warn congress of Fanny and Freddy's over extension but Barney Franks and Ms. Lipstick from Ca. came unglued and accused them of being racist. The black caucus was livid when Bush and Snow warned congress of the high risk loans.

The bubble eventually burst and those anticipating it got wealthy shorting financial stocks.

September 30, 2014 at 4:19 p.m.
fairmon said...

Holder, given the chance, would be a major bully. Thank goodness there was enough Krypton in the system to weaken him, possibly the reason for his confrontational attitude and frequently playing the race card.

September 30, 2014 at 7:20 a.m.
fairmon said...

librul said...

First, he refused to prosecute George W. Bush, Dick Cheney, and Donald Rumsfeld for breaking the treaty against torture and the statutes that also prohibit it.

Second, he let Wall Street CEOs off the hook for messing around with mortgage derivatives, misleading investors and clients, and crashing our economy.

librul..not agreeing with someone or despising their policies and practices is not sufficient evidence to convict.

September 30, 2014 at 7:15 a.m.
fairmon said...

Anyone see the 60 minute interview with Obama? Softball questions with no follow up questions. Perfect for a non candidate favoring other candidates. Of course he blamed the security organizations for the ISIS situation. How does CBS keep getting interviews but others don't. The shocker was Valerie Jarret's cameo role on "The Good Wife". She replaced Emanual as Obama's confidant and coach.

September 30, 2014 at 4:32 a.m.
fairmon said...

Eric Holder decides to hang it up...We needed some good news.

September 30, 2014 at 4:24 a.m.
fairmon said...

Educate ISIS and other terrorist so they will be able to develop more sophisticated and less cruel ways to kill people and attack America, is that the objective? Don't over do it or they will bypass the products of much of our own education system.

September 29, 2014 at 4:49 a.m.
fairmon said...

North America has it's own terrorist that is doing more damage to America's society than ISIS can imagine doing....

CIUDAD MIER, Mexico (AP) — The brutal drug cartels that rule the region and are stealing billions of dollars' worth of oil from pipelines.

Figures released by Petroleos Mexicanos last week show the gangs are becoming more prolific and sophisticated. So far this year, thieves across Mexico have drilled 2,481 illegal taps into state-owned pipelines, up more than one-third from the same period of 2013. Pemex estimates it's lost some 7.5 million barrels worth $1.15 billion.

Comment: The drug cartels are taking over cities and regions of Mexico. They import billions in drugs through out the U.S. and Canada. The affect on society is largely ignored as the war on drugs is being lost. Now they have expanded to oil and other revenue generating theft and sales.

September 29, 2014 at 12:09 a.m.
fairmon said...

Maximyth wrote: "Marriage is just a silly biblical relationship."

alprova said...There is absolutely no mention in the Bible about a marriage ceremony. Not one word.

Is divorce or leaving a woman or having her leave mentioned?

alprova said....Marriage was created by the States as a means by which to raise revenue.

Are you sure it wasn't created so some people could be favored over others? More revenue would be realized if married couples didn't get so many tax breaks and other favorable treatment just because they chose to marry and make each other miserable and favor the world with a bunch of rug rats.

September 27, 2014 at 8:24 p.m.
fairmon said...

Typically, when you make a mistake you feel the pain of adverse consequences. The pain initiates a change in behavior. This is how a feedback loop is supposed to work. Public policy disasters twist that loop and put the pain onto someone else, leaving those who made the original bad choices free of consequences and free to continue their bad behavior....Bill Bonner

Our feed back loop is broken. congress and other elected officials suffer no consequences if they inflict pain on the population or a segment of it.

September 26, 2014 at 4:45 p.m.

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