tag:blogger.com,1999:blog-25244727.post9139668531547735975..comments2023-10-29T08:25:40.790-04:00Comments on Mad Zionist: Trickle Up EconomicsMad Zionisthttp://www.blogger.com/profile/02368389951636950238noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-25244727.post-18797935249656388192008-10-02T11:17:00.000-04:002008-10-02T11:17:00.000-04:00oh, ren - stop being so melodramatic! do you carr...oh, ren - stop being so melodramatic! do you carry a sniffer of smelling salts with you?nanchttps://www.blogger.com/profile/12826221747951050380noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-50366021886017308872008-10-02T00:49:00.000-04:002008-10-02T00:49:00.000-04:00This is the worst economic crisis of my lifetime. ...This is the worst economic crisis of my lifetime. If the bailout fails, there will be a worldwide depression. If it passes, there will be stagflation. Capitalism doesn't have much to offer.<BR/><BR/>Instead of railing about social engineering, rail against homelessness.<BR/><BR/>This was going to happen, with home loans to the poor or not.Frank Partisanhttps://www.blogger.com/profile/03536211653082893030noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-45718647076587938062008-09-30T02:23:00.000-04:002008-09-30T02:23:00.000-04:00Nanc,It will pass, or it will not. Obama HAS to vo...Nanc,<BR/><BR/>It will pass, or it will not. <BR/><BR/>Obama HAS to vote for it. <BR/><BR/>McCain doesn't have to.<BR/><BR/>And if he doesn't vote for it, and Obama does...<BR/><BR/>"So, let me get this straight. Your campaign economic advisors ran Fannie Mae and Freddie Mac into the ground, causing this credit crisis in financial markets while reaping much personal financial gain, and the (((Thought Criminal)))https://www.blogger.com/profile/17311656184275255223noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-45523428201706447572008-09-29T17:33:00.000-04:002008-09-29T17:33:00.000-04:00wait - no they didn't!happy rosh hoshanna!genesis ...wait - no they didn't!<BR/><BR/>happy rosh hoshanna!<BR/><BR/>genesis 12:3nanchttps://www.blogger.com/profile/12826221747951050380noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-5186823190158947122008-09-28T10:11:00.000-04:002008-09-28T10:11:00.000-04:00they passed it, madze...they passed it, madze...nanchttps://www.blogger.com/profile/08809768490674110768noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-11893877737643110072008-09-27T15:50:00.000-04:002008-09-27T15:50:00.000-04:00How can this credit crisis be blamed on deregulati...How can this credit crisis be blamed on deregulation when Fannie Mae and Freddie Mac are government-supported entities (GSEs) that were CREATED BY GOVERNMENT REGULATIONS?<BR/><BR/>Go ahead. Describe how the free market could have possibly produced this crisis without government-mandated unsecured lending and government-created agencies to manage them?<BR/><BR/>You can't. <BR/><BR/>This problem (((Thought Criminal)))https://www.blogger.com/profile/17311656184275255223noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-9491037923664112222008-09-26T12:51:00.000-04:002008-09-26T12:51:00.000-04:00I was referring to China's financial system, not i...I was referring to China's <I>financial system</I>, not its bread-and-butter economy.Gerthttps://www.blogger.com/profile/07752117708821629614noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-7787008575358230272008-09-26T08:47:00.000-04:002008-09-26T08:47:00.000-04:00Gert, China has an economy that has virtually no r...Gert, China has an economy that has virtually no regulation, minimum wage, or political correctness, so they have a huge advantage.<BR/><BR/>BTW, the latest uprising by House Republicans against the Dem bill reflects the anger of the American people and I applaud them. It has McCain's fingerprints all over it, too.Mad Zionisthttps://www.blogger.com/profile/02368389951636950238noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-5046329004821766582008-09-26T08:08:00.000-04:002008-09-26T08:08:00.000-04:00Madze:On "Social Engineering", no, not really. I b...<B>Madze:</B><BR/><BR/>On "Social Engineering", no, not really. I believe the causes of these problems to be more complex than you and I can fathom. Left and Right are now blaming each other and that's rather an indication that both are right and wrong at once.<BR/><BR/>But I will concede the following:<BR/><BR/>• safety nets, like almost everything else, have their drawbacks. They can reward badGerthttps://www.blogger.com/profile/07752117708821629614noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-47546916893084196432008-09-26T05:23:00.000-04:002008-09-26T05:23:00.000-04:00Gert,But you're going much to far and refuse to se...Gert,<BR/><BR/><I>But you're going much to far and refuse to see what Laissez faire capitalism in the past has achieved: what we call boom and bust...</I><BR/><BR/>There is no laissez faire to be found in this mess, and quite frankly, saying that this is due to laissez faire policies is super-retarded. <BR/><BR/>I realize leftists are philosophically forbidden from understanding economics and (((Thought Criminal)))https://www.blogger.com/profile/17311656184275255223noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-24176203069410762112008-09-26T05:08:00.000-04:002008-09-26T05:08:00.000-04:00MZ, Much to the left's chagrin, this Democrat-cont...MZ, <BR/><BR/>Much to the left's chagrin, this Democrat-controlled Congress (the branch of government with the actual power to influence the economy) has a 9% apporval rating for more than spending so much time wondering if baseball players use steroids.<BR/><BR/>People understand who to blame. <BR/><BR/><I>Why was this done? Why was the risk passed and passed until the shit hit the fan and we (((Thought Criminal)))https://www.blogger.com/profile/17311656184275255223noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-45768235498506815192008-09-25T16:39:00.000-04:002008-09-25T16:39:00.000-04:00McNorman, there is word that McCain is holding out...McNorman, there is word that McCain is holding out against the bailout to try and make it a combination of loans and insurance instead. Not sure about the details yet.<BR/><BR/>Meanwhile, why will nobody call the spade a spade and call for the elimination of the affirmative action lending policies that started this mess in the first place?Mad Zionisthttps://www.blogger.com/profile/02368389951636950238noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-22244268635824061402008-09-25T16:23:00.000-04:002008-09-25T16:23:00.000-04:00The Fair Housing Act must not be allowed in this b...The Fair Housing Act must not be allowed in this bailout otherwise we will be back to where we are now. I don't understand why loans are made to people who cannot pay them. <BR/>Oh yes, I am a racist because I don't believe that you should loan money to people who cannot repay the debt. Garbage. I am particularly offended by the amounts of money ACORN and groups like La Raza have been winnihttps://www.blogger.com/profile/16058631832289247772noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-41091025957115767912008-09-25T15:31:00.000-04:002008-09-25T15:31:00.000-04:00Gert, am I to believe you may be coming just a lit...Gert, am I to believe you may be coming just a little more on board in denouncing the socialist engineering problem that caused this mess? This is bordering on consensus! :)Mad Zionisthttps://www.blogger.com/profile/02368389951636950238noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-43242130864004018952008-09-25T15:17:00.000-04:002008-09-25T15:17:00.000-04:00Perhaps.I do think it's funny when the most ardent...Perhaps.<BR/><BR/>I do think it's funny when the most ardent detractors of evolutionary biology start behaving like dyed-in-the-wool <I>Social Darwinists</I> ("Survival of the Financially Fittest" - LOL) when it come to economics, I mean G-d couldn't be a Socialist, now could he?Gerthttps://www.blogger.com/profile/07752117708821629614noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-75424508974872140512008-09-25T13:56:00.000-04:002008-09-25T13:56:00.000-04:00Gert, I think you need to read the post again. You...Gert, I think you need to read the post again. You think that if the problem that at its core is socialist only had MORE socialism than the "greedy capitalists" would be put in there place?<BR/><BR/>You are channelling emotion and socialist propaganda at the expense of logic.Mad Zionisthttps://www.blogger.com/profile/02368389951636950238noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-45600554337609763862008-09-25T13:28:00.000-04:002008-09-25T13:28:00.000-04:00"Because of social engineering by leftists, that's...<I>"Because of social engineering by leftists, that's why."</I><BR/><BR/>Insert Kuhnkatian laughter here.<BR/><BR/>Whoa, man, you can be so funny sometimes.<BR/><BR/>So all this freemarketeering bears no blame at all, <I>huh?</I> Unscrupulous operators, yes, sometimes taking opportunistic advantage of safety nets, having nothing to do with this? The free market, yep - these Master of the UniverseGerthttps://www.blogger.com/profile/07752117708821629614noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-47888238286754454412008-09-25T13:06:00.000-04:002008-09-25T13:06:00.000-04:00Nanc, I feel your pain. Remember, tough, filing ba...Nanc, I feel your pain. Remember, tough, filing bankruptcy is not a bailout like we are being forced to do. Bankruptcy means no more credit and the party is over. Live by cash and the madness comes to a halt.<BR/><BR/>We are being EXTORTED to give the government money so they can just keep throwing it around like water. NO accountability, and no lessons learned.Mad Zionisthttps://www.blogger.com/profile/02368389951636950238noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-43511608420037726552008-09-25T13:00:00.000-04:002008-09-25T13:00:00.000-04:00as you know, pop and i have been mending our credi...as you know, pop and i have been mending our credit ways for ten years - fixing it and working hard and going without to finally see the light of day - we didn't get, nor did we ask for help - we didn't file bankruptcy either.<BR/><BR/>this bailout plan pisses me off to no end - spend years and years trying to teach our children that with hard work, scrimping and saving are the way to go only to nanchttps://www.blogger.com/profile/12826221747951050380noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-45827241270157853212008-09-25T11:49:00.000-04:002008-09-25T11:49:00.000-04:00We are of like minds, Todd. Mae and Mac became ext...We are of like minds, Todd. Mae and Mac became extentions of activist groups like Acorn and now we are being told to shut up, pay the tab, and pretend nothing happened? <BR/><BR/>No, I don't think so.Mad Zionisthttps://www.blogger.com/profile/02368389951636950238noreply@blogger.comtag:blogger.com,1999:blog-25244727.post-62548692020414153122008-09-25T11:44:00.000-04:002008-09-25T11:44:00.000-04:00AWESOME post!I couldn't agree more; this is an abs...AWESOME post!<BR/><BR/>I couldn't agree more; this is an absolutely travesty for those of us who own homes that took out loans for homes we could afford based on our incomes that pay their bills, mortgages, etc, WHILE saving money, perhaps work two jobs to make ends meet...<BR/><BR/>This only rewards bad behavior and irresponsibility in Congress and Wall Street (GREED) and to "certain" homeownerstodd anthonyhttps://www.blogger.com/profile/15868946673792961408noreply@blogger.com