The economy is like the seasons, first there are spring and summer, then fall and winter. But then, there is spring and summer again. Shit happens. Deal with it and move on.

And conservatives will always be there to bailout the CEOs while the average worker gets it up the a**.

Gotta love welfare for millionaires.

The economy is like the seasons, first there are spring and summer, then fall and winter. But then, there is spring and summer again. Shit happens. Deal with it and move on.

And conservatives will always be there to bailout the CEOs while the average worker gets it up the a**.

Gotta love welfare for millionaires.

As always,
your personal troll

As always,
your personal troll

The U.S. business community is very similar. We have a number of entrepreneurs who push the norms and in turn, our economy prospers. Of course, we need to be willing to take the occasional loss of some businesses to maintain our edge, but in the long run, we need to maintain the edge in the global economy.

As with most liberal reactions to adversity, I suggest the people calling for oppressive regulation to think about the long term consequences of that action. Sure, we can impose such strict rules on lending that no mortgage will ever be foreclosed again. But the result will be that people on the edge of prosperity, the ones the liberals claim to care about, will not be able to get a mortgage.

On top of the suffering excessive regulation would bring to the lower rungs of society, think about the number one job producer in the country – small business. The vast majority of small business is started with a second mortgage and credit card debt. Stated income loans are a critical part of this group and any tightening of requirements will have a serious effect on job creation.

Every action has consequences. Some can be anticipated, others can’t.

If you need further guidance, look to Chauncey Gardner. The economy is like the seasons, first there are spring and summer, then fall and winter. But then, there is spring and summer again. Shit happens. Deal with it and move on.

The U.S. business community is very similar. We have a number of entrepreneurs who push the norms and in turn, our economy prospers. Of course, we need to be willing to take the occasional loss of some businesses to maintain our edge, but in the long run, we need to maintain the edge in the global economy.

As with most liberal reactions to adversity, I suggest the people calling for oppressive regulation to think about the long term consequences of that action. Sure, we can impose such strict rules on lending that no mortgage will ever be foreclosed again. But the result will be that people on the edge of prosperity, the ones the liberals claim to care about, will not be able to get a mortgage.

On top of the suffering excessive regulation would bring to the lower rungs of society, think about the number one job producer in the country – small business. The vast majority of small business is started with a second mortgage and credit card debt. Stated income loans are a critical part of this group and any tightening of requirements will have a serious effect on job creation.

Every action has consequences. Some can be anticipated, others can’t.

If you need further guidance, look to Chauncey Gardner. The economy is like the seasons, first there are spring and summer, then fall and winter. But then, there is spring and summer again. Shit happens. Deal with it and move on.

We all make choices in life, and for some ideology is more important than other considerations.
This is a free country.
For the most part, our opinions are ignored or we pay for those opinions.
There is no free lunch, especially if you do not have tenure.

We all make choices in life, and for some ideology is more important than other considerations.
This is a free country.
For the most part, our opinions are ignored or we pay for those opinions.
There is no free lunch, especially if you do not have tenure.

Now the Grand Wizard, McCain, who is 72 years old has allegedly put his Country First and nominated for V.P. someone totally lacking in national and foreign policy experience, who would be a heart beat away. Woodward in his recent book “The War Within” states that the two sleeping giants when someone takes the oval office come January 2009 will be Iraq and Afghanistan, something Bob Woodward says Bush was disconnected from. Can you imagine that, a President so disconnected from a war he asked Americans to die for? Sadly, there will also be another Giant to face—that of the economy. Brokaw said to Sen. Schumer on Meet the Press Sunday past—I thought when one picks a V.P. pick that they pick the most qualified candidate, referring to Obama not picking Clinton and choosing Biden instead. This goes both ways and McCain did not pick the most qualified person in fact he picked the least. A president will have the Weight of the World on his or her shoulders. Unfortunately for this Country McCain has made a very bad judgment call and a terrible risk. May be he did not use his good judgment in this pick but something less honorable. Barack and Biden are ready to lead and to take up that weight. I do not think McCain and Palin are ready for such a daunting task. We need true leadership and not a false and deceptive wizard giving lip service to lies and deceit instead of truth and light. If we pull the Curtain back from our eyes, we will see he has no Power and McCain the Grand Wizard, is not the person he says he is!

And lastly, all those who fear if they pick Obama/Biden will have to give up their guns is a false/negative. What does having a gun and hunting mean, if their are no jobs to go to? If gas at the pump is $7.00 a gallon? What does it matter if food is sky high and one is unable to prepare even the most basic meals. What does it matter if you get sick and you have no health care—unable to afford a doctor or even medicine? What does it matter if you have your Gun but yet cannot afford the mortgage payments on your home? What does it matter if through a war mentality World War III breaks out and possible nuclear annihilation? Will your guns matter then? We must deal with real issues and not superficial things that will not matter to us in the end and we wished we had of chose wisely instead of through fear, beguilement and deceipt!

Now the Grand Wizard, McCain, who is 72 years old has allegedly put his Country First and nominated for V.P. someone totally lacking in national and foreign policy experience, who would be a heart beat away. Woodward in his recent book “The War Within” states that the two sleeping giants when someone takes the oval office come January 2009 will be Iraq and Afghanistan, something Bob Woodward says Bush was disconnected from. Can you imagine that, a President so disconnected from a war he asked Americans to die for? Sadly, there will also be another Giant to face—that of the economy. Brokaw said to Sen. Schumer on Meet the Press Sunday past—I thought when one picks a V.P. pick that they pick the most qualified candidate, referring to Obama not picking Clinton and choosing Biden instead. This goes both ways and McCain did not pick the most qualified person in fact he picked the least. A president will have the Weight of the World on his or her shoulders. Unfortunately for this Country McCain has made a very bad judgment call and a terrible risk. May be he did not use his good judgment in this pick but something less honorable. Barack and Biden are ready to lead and to take up that weight. I do not think McCain and Palin are ready for such a daunting task. We need true leadership and not a false and deceptive wizard giving lip service to lies and deceit instead of truth and light. If we pull the Curtain back from our eyes, we will see he has no Power and McCain the Grand Wizard, is not the person he says he is!

And lastly, all those who fear if they pick Obama/Biden will have to give up their guns is a false/negative. What does having a gun and hunting mean, if their are no jobs to go to? If gas at the pump is $7.00 a gallon? What does it matter if food is sky high and one is unable to prepare even the most basic meals. What does it matter if you get sick and you have no health care—unable to afford a doctor or even medicine? What does it matter if you have your Gun but yet cannot afford the mortgage payments on your home? What does it matter if through a war mentality World War III breaks out and possible nuclear annihilation? Will your guns matter then? We must deal with real issues and not superficial things that will not matter to us in the end and we wished we had of chose wisely instead of through fear, beguilement and deceipt!

The federal government _has_ intervened before during this recent correction in the housing and financial markets. That's what led Lehman to seek similar intervention.

The banks and insurance companies (who are buying investment banks or providing huge amounts of private capital to revive the credit markets) are impressive (in a truly dispassionate sense) in how much money and influence they have. Note also that, in keeping with the trend after repeal of Glass-Steagall, at least one big bank is going farther into the world of investments (rather than banking) in buying an enormous, famous, influential investment bank. Extending into insurance comes next, logically.

I could add takeover of Blue Cross and Kaiser Permanente and as many other of the valuable HMOs as possible, along with pharmaceutical firms, if I wanted to openly speculate in an additional, and perhaps perverse way, but all of this is a possibility someday.

The federal government _has_ intervened before during this recent correction in the housing and financial markets. That's what led Lehman to seek similar intervention.

The banks and insurance companies (who are buying investment banks or providing huge amounts of private capital to revive the credit markets) are impressive (in a truly dispassionate sense) in how much money and influence they have. Note also that, in keeping with the trend after repeal of Glass-Steagall, at least one big bank is going farther into the world of investments (rather than banking) in buying an enormous, famous, influential investment bank. Extending into insurance comes next, logically.

I could add takeover of Blue Cross and Kaiser Permanente and as many other of the valuable HMOs as possible, along with pharmaceutical firms, if I wanted to openly speculate in an additional, and perhaps perverse way, but all of this is a possibility someday.

The Fed is now taking junk bonds and stocks as collateral for short term loans. There is a very high probability that these will decrease significantly in value and the Fed will take the hit. Whether that money will be replaced by public funds remains to be seen.

Moreover, they are allowing banks to lend out deposits for investments. Again, this will involve government money because it makes them more likely to fail if something doesn't go according to plan and they will have to be recapitalized.

They are basically going all in at this juncture and if things don't stop then we're looking at the potential collapse of the US ability to honor its debt. Of course all the other currencies are collapsing too so I guess relatively speaking they aren't concerned about that.