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#1
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![]() thanks for putting that up...wasn't able to from my phone.
yet another reason why i say that both parties suck. both were involved in getting rid of glass/steagall, which so many feel is what opened us up to what we're dealing with now-and of course europe as well. we removed it so as not to lose ground to them, and now look at where we all are. brilliant. govt is supposed to be of the people, not just the people who have money to buy their way to becoming 'too big to fail'. there's a reason rules were in place to keep banks from crossing the lines they've since crossed.
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
#2
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![]() Quote:
The government's (Barney Frank/Maxine Waters in particular) belief everyone should own a home and not just bailing out but backing Freddie and Fannie coupled with mortgages featuring 'no money down, money back at signing' or 'refinance now for 125% of your home's value' the bubble was blown up to the point it had no where to go but burst. The mortgages Citibank put together that caused the fine should have put numerous people in jail for lengthy sentences. Martha Stewart goes away for under a 100K and these people did 100s and 100s of millions? Then when you have a President, campaigning for a second term, going out to colleges and instead of offering a chicken dinner and ride to the polls is simply handing/throwing out the 'peoples' money and forgiving debts owed to the 'people' saying I need your vote, we're screwed twice. |
#3
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![]() i think heloc's have had more affect than anything. people were living on a line of credit that dried up immediately when the housing bubble burst. then they were really underwater and unable to pay their debts, since they no longer had equity-that probably didn't really exist to begin with. for many, a house payment is lower than rent, so i don't really buy that people couldn't make their payments. no bank is going to loan you if you don't have the income it would take.
between arm's and heloc, people had just bitten off more than they could chew. then there were banks, such as the one listed above, who sold toxic mortgages and then made more money banking on that loss. what did that do to the duped buyers who thought they were getting something they weren't? as for naming names of pols, that's a waste of time. the majority of both parties backed getting rid of those rules that were there for a reason. they were bought and paid for, or just stupid.
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
#4
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![]() another good op-ed piece on the OWS protesters with a Monty Python clip.
![]() In part Quote:
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#5
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![]() Quote:
![]() Nobody can deliberately or ignorantly mischaracterize the truth or facts like you, Dell. Better we have the utterly moronic Republican candidates Romney, Cain and Perry, all with "tax plans" that give massive tax breaks to the wealthy, while increasing the taxes on everyone else, even those too poor to now have to pay taxes.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
#6
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![]() In other OWS news, the ACLU has started filing multiple lawsuits in several cities over clear instances of police brutality, unconstitutional infringement on the right of freedom of speech, unwarranted arrests and harassment of peaceful protesters, illegal curfew and infringement on public rights, etc.
This country does seem to have changed since 9/11, with clear infringement on our constitutional rights happening regularly. Some of these arrests are just crazy - the citizens are literally not doing anything illegal. Over 2700 people have been arrested nationally associated with Occupy movement. Most are requesting jury trials, as is their right under the Constitution. Free legal aid is available to all Occupy arrestees. The mainstream press is still not covering most of what is happening with Occupy, thus blogs, websites, twitter, facebook and Youtube are the most reliable and current "press sources" for information. The "Occupy" movement has gone international, with Occupy London active and a lightning rod for controversy due to their encampment outside a church (causing resignations within the clergy), etc. and many Occupy in the middle east. In Tennessee, a reporter covering an Occupy event was dragged and arrested, even though he was press. The police officer (state Trooper no less) arresting him lied on the police report and said he was resisting arrest and intoxicated at the time. Unfortunately for the lying arresting Tennessee State Trooper, the reporter was using his hand camera to film and get audio of the rally, and the Trooper took it from the reporter, but left it on and stuck it back in the reporters pocket - the unedited video/audio proving the Trooper to be an outright liar about it all. http://www.tennessean.com/interactiv...e-arrest-video The hacker group Anonymous has said that Nov 5, they will take down the Fox News website, as Fox News has been lying so much about Occupy. They also said they'd take Facebook down the same day. Oh, those young kids! http://www.thewrap.com/media/column-...fox-news-32234
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts Last edited by Riot : 10-30-2011 at 01:23 PM. |
#7
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![]() and in more news. Sexual assaults hit OWS.
Riot, they gonna be OK? |
#8
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![]() Quote:
Lets us know what Andrew Breitbart and Erick Ericksson tell you to think ![]()
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
#9
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![]() Quote:
![]() Quote:
http://www.nypost.com/p/news/local/m...nspzJ7VGC9nJZP |
#10
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![]() Decide a percentage and charge everyone the same, no deductions. At 15% someone making $5 billion like that Dem Paulson guy will pay 750 million while someone making 5K on welfare will pay will pay 750 bucks. 750 mill v. 750 bucks. That's fair!
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#11
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![]() Well, not if you think that regressive taxes that impact the poorest more greatly than the richest are most certainly not "fair" in the least. You know, increasing the tax rate for the poorest, while massively decreasing it for the wealthiest?
Oh yeah: and every single "flat tax" proposal out there takes income away from the government. Massive income cuts. I guess that's okay for the selfish and unAmerican that don't want the government to actually, you know, do anything for Americans. But hey, you wanna support starting to tax people that are now considered too poor to have to pay federal taxes, you go with it, and see how far it takes you ![]()
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |
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