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	<title>Comments on: More Edwards&#8217; Hypocrisy</title>
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		<title>By: BRAVOFI.ORG &#187; Blog Archive &#187; Drop in FTSE 100</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-99752</link>
		<dc:creator>BRAVOFI.ORG &#187; Blog Archive &#187; Drop in FTSE 100</dc:creator>
		<pubDate>Thu, 27 Sep 2007 19:02:23 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-99752</guid>
		<description>[...] The Moderate Voice - That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the condition of their homes, refinancing may not be an option due to lack of collateral. Due to the complexity of the markets and Loan Info [...]</description>
		<content:encoded><![CDATA[<p>[...] The Moderate Voice &#8211; That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the condition of their homes, refinancing may not be an option due to lack of collateral. Due to the complexity of the markets and Loan Info [...]</p>
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		<title>By: BRAVOFI.ORG &#187; Blog Archive &#187; The Producer Price Index report shows the inflation is slowly changing (Loan)</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-99416</link>
		<dc:creator>BRAVOFI.ORG &#187; Blog Archive &#187; The Producer Price Index report shows the inflation is slowly changing (Loan)</dc:creator>
		<pubDate>Tue, 25 Sep 2007 00:04:05 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-99416</guid>
		<description>[...] More Edwardsâ€™ HypocrisyThe Moderate Voice - That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the condition of their homes, refinancing may not be an option due to lack of collateral. Due to the complexity of the markets and [...]</description>
		<content:encoded><![CDATA[<p>[...] More Edwardsâ€™ HypocrisyThe Moderate Voice &#8211; That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the condition of their homes, refinancing may not be an option due to lack of collateral. Due to the complexity of the markets and [...]</p>
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		<title>By: Gmecha News: Loans &#187; Blog Archive &#187; What is an IRA?</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-98741</link>
		<dc:creator>Gmecha News: Loans &#187; Blog Archive &#187; What is an IRA?</dc:creator>
		<pubDate>Tue, 18 Sep 2007 22:12:52 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-98741</guid>
		<description>[...] More Edwards HypocrisyThe Moderate Voice - That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the If Ace has a 401K he s probably invested in it. You also say that Besides, there is not a class war going on at all [...]</description>
		<content:encoded><![CDATA[<p>[...] More Edwards HypocrisyThe Moderate Voice &#8211; That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the If Ace has a 401K he s probably invested in it. You also say that Besides, there is not a class war going on at all [...]</p>
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		<title>By: Gmecha News: Loans &#187; Blog Archive &#187; The Bond Matrix</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-98556</link>
		<dc:creator>Gmecha News: Loans &#187; Blog Archive &#187; The Bond Matrix</dc:creator>
		<pubDate>Mon, 17 Sep 2007 08:01:20 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-98556</guid>
		<description>[...] More Edwards HypocrisyThe Moderate Voice - That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the If Ace has a 401K he s probably invested in it. You also say that Besides, there is not a class war going on at all [...]</description>
		<content:encoded><![CDATA[<p>[...] More Edwards HypocrisyThe Moderate Voice &#8211; That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the If Ace has a 401K he s probably invested in it. You also say that Besides, there is not a class war going on at all [...]</p>
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		<title>By: Gmecha News: Loans &#187; Blog Archive &#187; The Dirty Toilet Principle: The Fed and the Housing Bubble</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-98502</link>
		<dc:creator>Gmecha News: Loans &#187; Blog Archive &#187; The Dirty Toilet Principle: The Fed and the Housing Bubble</dc:creator>
		<pubDate>Sun, 16 Sep 2007 08:07:01 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-98502</guid>
		<description>[...] More Edwards HypocrisyThe Moderate Voice - That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the If Ace has a 401K he s probably invested in it. You also say that Besides, there is not a class war going on at all [...]</description>
		<content:encoded><![CDATA[<p>[...] More Edwards HypocrisyThe Moderate Voice &#8211; That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place. And considering the If Ace has a 401K he s probably invested in it. You also say that Besides, there is not a class war going on at all [...]</p>
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		<title>By: Divided We Stand United We Fall</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-95871</link>
		<dc:creator>Divided We Stand United We Fall</dc:creator>
		<pubDate>Wed, 22 Aug 2007 06:00:51 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-95871</guid>
		<description>&lt;strong&gt;The dude with white hair - A Dood Tube Surge...&lt;/strong&gt;

Contrast with another Democratic Senator running for president who talks a good game empathizing with &quot;The People&quot; struggling to keep their homes, but was invested in a Hedge Fund whose portfolio companies created these sub-prime loans and later fore...</description>
		<content:encoded><![CDATA[<p><strong>The dude with white hair &#8211; A Dood Tube Surge&#8230;</strong></p>
<p>Contrast with another Democratic Senator running for president who talks a good game empathizing with &#8220;The People&#8221; struggling to keep their homes, but was invested in a Hedge Fund whose portfolio companies created these sub-prime loans and later fore&#8230;</p>
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		<title>By: domajot</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-95614</link>
		<dc:creator>domajot</dc:creator>
		<pubDate>Sun, 19 Aug 2007 21:09:44 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-95614</guid>
		<description>Romney has a similar problem with his blind trust investments.  The global economy and complex investment structures are blurring the ability of nations, as well as individuals, to follow the moral border lines, like we could in the past.  
I see that as a danger, but it&#039;s a separate topic.
--------------
Re this statement  &quot;Besides, there is not a class war going on at all.&quot; , it made me look around for the ghost of Marie Antoinette and her &#039;let them eat cake&#039; attitude.
When  policies benefit one class to the detriment of another, there is a class war going on, especially when upward mobility is impacted.

Whether Edwards can cure what ails the economic fortunes  of so many Americans, remains very doubtful.  However, he does the one thing absolulety essential if we are to avoid an even bigger backlash to current economic mechanisms than the rising  protectionist sentiments of today, he highlights what needs to be fixed.

The contrary mode of denying that we have serious problems is the best way to ensure rash and inapproptiate adjustments.

New Orleans symbolizes the failures of our economy.  The money spent so far, was not community specific, and much likfe occupying Iraq without understanding how Iraq could function, a lot of dollars have been wasted without understanding how New Orleans could function.  
The heart of the community, the working poor home owners, have not been served, for example, and rubble has replaced the tidy homes of yore.
This economic class of people was pushed aside, in favor of another, the developers and investors.  
Had there been no class war, the two could have reached solutions beneficial to both.</description>
		<content:encoded><![CDATA[<p>Romney has a similar problem with his blind trust investments.  The global economy and complex investment structures are blurring the ability of nations, as well as individuals, to follow the moral border lines, like we could in the past.<br />
I see that as a danger, but it&#8217;s a separate topic.<br />
&#8212;&#8212;&#8212;&#8212;&#8211;<br />
Re this statement  &#8220;Besides, there is not a class war going on at all.&#8221; , it made me look around for the ghost of Marie Antoinette and her &#8216;let them eat cake&#8217; attitude.<br />
When  policies benefit one class to the detriment of another, there is a class war going on, especially when upward mobility is impacted.</p>
<p>Whether Edwards can cure what ails the economic fortunes  of so many Americans, remains very doubtful.  However, he does the one thing absolulety essential if we are to avoid an even bigger backlash to current economic mechanisms than the rising  protectionist sentiments of today, he highlights what needs to be fixed.</p>
<p>The contrary mode of denying that we have serious problems is the best way to ensure rash and inapproptiate adjustments.</p>
<p>New Orleans symbolizes the failures of our economy.  The money spent so far, was not community specific, and much likfe occupying Iraq without understanding how Iraq could function, a lot of dollars have been wasted without understanding how New Orleans could function.<br />
The heart of the community, the working poor home owners, have not been served, for example, and rubble has replaced the tidy homes of yore.<br />
This economic class of people was pushed aside, in favor of another, the developers and investors.<br />
Had there been no class war, the two could have reached solutions beneficial to both.</p>
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		<title>By: Jim Satterfield</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-95611</link>
		<dc:creator>Jim Satterfield</dc:creator>
		<pubDate>Sun, 19 Aug 2007 20:47:11 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-95611</guid>
		<description>Michael,

The reason the investment markets of the U.S., Europe and Asia have been going bananas lately is because of how pervasive investment in financial institutions that have become involved in one way or another in sub-prime loans has become. They&#039;ve been packaged, re-sold, converted into more general investment funds and then sold to everybody and their brothers in the financial world. If Ace has a 401K he&#039;s probably invested in it.

You also say that 

&lt;blockquote&gt;Besides, there is not a class war going on at all. Equality, as meant in the US Constitution, stands for equality in Godâ€™s eyes, and equality for the law. Not equality of condition. It is time that Edwards and his followers understand this.&lt;/blockquote&gt;

I&#039;m sorry but that is one of the most ridiculous statements I&#039;ve seen you make on American politics. Do you really think that a viable representative republic can thrive when the middle class is shrinking, many of the people still in it fear for their financial security and the upper economic classes deny that there is any kind of problem at all because the GDP is good and the average numbers are looking OK? 

Check out how successful Venezuela has been with the model that has a small hyper-wealthy class, a so-so middle class and lots of people in poverty. Oh, yeah. Some demagogue named Hugo Chavez came along and lied about lots of things but told the truth about the relations between the upper and lower classes. And because of that people who had lots of justifiable resentment made the terrible error of being willing to give him far too much power.

While I don&#039;t think we will go that far to pretend that everything&#039;s just fine for everyone in the United States economically so long as they aren&#039;t lazy bums will only go so far.</description>
		<content:encoded><![CDATA[<p>Michael,</p>
<p>The reason the investment markets of the U.S., Europe and Asia have been going bananas lately is because of how pervasive investment in financial institutions that have become involved in one way or another in sub-prime loans has become. They&#8217;ve been packaged, re-sold, converted into more general investment funds and then sold to everybody and their brothers in the financial world. If Ace has a 401K he&#8217;s probably invested in it.</p>
<p>You also say that </p>
<blockquote><p>Besides, there is not a class war going on at all. Equality, as meant in the US Constitution, stands for equality in Godâ€™s eyes, and equality for the law. Not equality of condition. It is time that Edwards and his followers understand this.</p></blockquote>
<p>I&#8217;m sorry but that is one of the most ridiculous statements I&#8217;ve seen you make on American politics. Do you really think that a viable representative republic can thrive when the middle class is shrinking, many of the people still in it fear for their financial security and the upper economic classes deny that there is any kind of problem at all because the GDP is good and the average numbers are looking OK? </p>
<p>Check out how successful Venezuela has been with the model that has a small hyper-wealthy class, a so-so middle class and lots of people in poverty. Oh, yeah. Some demagogue named Hugo Chavez came along and lied about lots of things but told the truth about the relations between the upper and lower classes. And because of that people who had lots of justifiable resentment made the terrible error of being willing to give him far too much power.</p>
<p>While I don&#8217;t think we will go that far to pretend that everything&#8217;s just fine for everyone in the United States economically so long as they aren&#8217;t lazy bums will only go so far.</p>
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		<title>By: ShortWoman</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-95606</link>
		<dc:creator>ShortWoman</dc:creator>
		<pubDate>Sun, 19 Aug 2007 18:19:34 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-95606</guid>
		<description>While I see Michael&#039;s point, there is something he is missing.  New Orleans historically has had a lot of residents who are and were not well-off.  That being the case, it should not be a surprise that many had &quot;those home loans given to borrowers with the weakest credit records&quot; (a direct quote from the CNN article quoted above).  The city is still a disaster area:  federal aid has been slow;  lawsuits regarding insurance settlements are still -- &lt;i&gt;still!&lt;/i&gt; -- underway; even people who want to live and work there have a hard time doing so.  That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place.  And considering the condition of their homes, refinancing may not be an option due to lack of collateral.    

Due to the complexity of the markets and the ubiquity of mortgage backed securities,  lots of people have investments in this area that they may or may  not be aware of.  And due to those same issues, good luck completely divesting of them and still having an investment portfolio that does not involve cash stuffed in one&#039;s mattress.  

I am willing to give Mr. Edwards the benefit of the doubt for a little while while he &lt;i&gt;shows&lt;/i&gt; us what he means by â€œI intend to help these people.â€</description>
		<content:encoded><![CDATA[<p>While I see Michael&#8217;s point, there is something he is missing.  New Orleans historically has had a lot of residents who are and were not well-off.  That being the case, it should not be a surprise that many had &#8220;those home loans given to borrowers with the weakest credit records&#8221; (a direct quote from the CNN article quoted above).  The city is still a disaster area:  federal aid has been slow;  lawsuits regarding insurance settlements are still &#8212; <i>still!</i> &#8212; underway; even people who want to live and work there have a hard time doing so.  That makes life hard for anyone, let alone someone who needed a sub-prime loan in the first place.  And considering the condition of their homes, refinancing may not be an option due to lack of collateral.    </p>
<p>Due to the complexity of the markets and the ubiquity of mortgage backed securities,  lots of people have investments in this area that they may or may  not be aware of.  And due to those same issues, good luck completely divesting of them and still having an investment portfolio that does not involve cash stuffed in one&#8217;s mattress.  </p>
<p>I am willing to give Mr. Edwards the benefit of the doubt for a little while while he <i>shows</i> us what he means by â€œI intend to help these people.â€</p>
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		<title>By: Jeff P</title>
		<link>http://themoderatevoice.com/14638/more-edwards-hypocrisy/comment-page-1/#comment-95598</link>
		<dc:creator>Jeff P</dc:creator>
		<pubDate>Sun, 19 Aug 2007 14:10:15 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/politics/2008-elections/14638/more-edwards-hypocrisy/#comment-95598</guid>
		<description>Please forgive me if this sounds a little harsh.  I&#039;m a regular reader but don&#039;t contribute much to the conversation generally.

I&#039;d like to have a definition of what exactly, in honest detail, is &quot;equality in God&#039;s eyes.&quot;  But more importantly I&#039;d be interested in anyone&#039;s take on what Christianity&#039;s role is on &quot;equality,&quot; (if indeed the Constitution should be interpreted in light of God&#039;s design) or if it means the same as &quot;social justice&quot; and if so, how that might be interepreted and implemented.  

I am no longer a &quot;believer,&quot; and in the light of the question of God&#039;s contribution to the US Consitution, would suggest  &quot;God on Trial&quot; by Peter Irons.  However, I do enjoy theological writings and love Marcus Borg&#039;s ideas of what Jesus was about:  compassion, social justice, and the breaking-down of unjust power structures that divide people.  

If someone doesn&#039;t think there is a problem of &quot;classes&quot; in America, visit your local &quot;Caring Place&quot; or equivalent, or homeless shelter, and talk to some of these folks directly.  Read &quot;Nickled and Dimed&quot; if it&#039;s too far to the local shelter.

&quot;Divestment&quot; seems to be in the paper a lot recently, this morning&#039;s news about Romney&#039;s &quot;blind funds&quot; supporting stem-cell research companies.  Hypocritical?  None of the politicians have much &quot;moral imperative&quot; in my view, it&#039;s only when they begin to claim some moral or ethical superiority that my voting pen begins to shake.  It&#039;s what I love about being an independent, and it&#039;s why I love this political blog site.

Thank you for your blog posts and for being willing to contribute and listen.</description>
		<content:encoded><![CDATA[<p>Please forgive me if this sounds a little harsh.  I&#8217;m a regular reader but don&#8217;t contribute much to the conversation generally.</p>
<p>I&#8217;d like to have a definition of what exactly, in honest detail, is &#8220;equality in God&#8217;s eyes.&#8221;  But more importantly I&#8217;d be interested in anyone&#8217;s take on what Christianity&#8217;s role is on &#8220;equality,&#8221; (if indeed the Constitution should be interpreted in light of God&#8217;s design) or if it means the same as &#8220;social justice&#8221; and if so, how that might be interepreted and implemented.  </p>
<p>I am no longer a &#8220;believer,&#8221; and in the light of the question of God&#8217;s contribution to the US Consitution, would suggest  &#8220;God on Trial&#8221; by Peter Irons.  However, I do enjoy theological writings and love Marcus Borg&#8217;s ideas of what Jesus was about:  compassion, social justice, and the breaking-down of unjust power structures that divide people.  </p>
<p>If someone doesn&#8217;t think there is a problem of &#8220;classes&#8221; in America, visit your local &#8220;Caring Place&#8221; or equivalent, or homeless shelter, and talk to some of these folks directly.  Read &#8220;Nickled and Dimed&#8221; if it&#8217;s too far to the local shelter.</p>
<p>&#8220;Divestment&#8221; seems to be in the paper a lot recently, this morning&#8217;s news about Romney&#8217;s &#8220;blind funds&#8221; supporting stem-cell research companies.  Hypocritical?  None of the politicians have much &#8220;moral imperative&#8221; in my view, it&#8217;s only when they begin to claim some moral or ethical superiority that my voting pen begins to shake.  It&#8217;s what I love about being an independent, and it&#8217;s why I love this political blog site.</p>
<p>Thank you for your blog posts and for being willing to contribute and listen.</p>
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