[Rhodes22-list] Andrew, Elle & Herb, comments on your posts.
Herb Parsons
hparsons at parsonsys.com
Sun Nov 23 18:47:48 EST 2008
I'd say the village has plenty of idiots to go around. I'd further say
that those that think that a "village idiot" can become president of the
US reveal a lot about their own mental acuity.
John Shulick wrote:
> Pot?
>
> I will give W credit for one thing, he has proven to be a shining example
> showcasing the true greatness of our country and the strength of our
> political system. Here in America even the village idiot can aspire to and
> become the President. Truly an amazing country we live in.
>
> John Shulick (skillet)
>
> R22RumRunner wrote:
>
>> Dear Kettle,
>> From pot: Probably the worst thing I have said about the current president
>> is that he's the dumbest SOB that has ever held this office. I stand by
>> that
>> statement. I am sure history will prove me correct. It is my opinion and I
>> am
>> allowed to have one....as long as my wife tells me I can.
>>
>> Rummy
>>
>>
>> In a message dated 11/23/2008 12:15:57 P.M. Eastern Standard Time,
>> flybrad at gmail.com writes:
>>
>> Rummy,
>>
>> Fair? LOL!
>>
>> There's few things fair in politics but we always hear about
>> "fairness". Axlerod was on Fox News this morning saying the tax-hike
>> for the "rich" will be delayed. Now that's smart economics but it
>> will be another huge disappointment to the far lefties who thought
>> they were electing a saint. Even in todays post you use the term
>> "farce" which is much kinder than some of the other things you've said
>> in the past eight years. I've been a helluva lot more accepting of
>> Obama and wishing him success than you ever were W.
>>
>> Pot, meet kettle.
>>
>> Brad
>>
>> On Sun, Nov 23, 2008 at 10:59 AM, <R22RumRunner at aol.com> wrote:
>>
>>> Brad,
>>> I'm sorry the your candidate didn't win the election, but I doubt that
>>> it
>>>
>> is
>>
>>> fair to accuse the left of finally seeing that Mr. Obama can't do
>>>
>> everything
>>
>>> he has promised. The man isn't even in office yet and the "righties" are
>>> already pinning our current problems on him. After eight years of an
>>> administration that really was a farce, at least give Obama four years
>>> to
>>>
>> try and rectify
>>
>>> the screw ups of this current administration.on Don't even try to call
>>>
>> me a
>>
>>> lefty or a righty because I don't wear lapels that you can pin a label
>>>
>> on.
>>
>>> I'm just an average "Joe" trying to get this country back on the right
>>>
>> track.
>>
>>> The ultra right wing conservative nut jobs have run this country into
>>> the
>>> ground and now it needs fixing. Using the term conservative with the
>>>
>> current
>>
>>> administration is an insult to all true conservatives.
>>> Hopefully the very first act Mr. Obama will sign will make stem cells
>>> available for research. It might come in time to save a very good
>>> friends
>>>
>> life. I
>>
>>> can't even begin to tell you how pissed off HE is at this president.
>>>
>>> Rummy.......time for a drink and football.
>>>
>>>
>>> In a message dated 11/23/2008 8:24:23 A.M. Eastern Standard Time,
>>> flybrad at gmail.com writes:
>>>
>>> Ed,
>>>
>>> Well, the chickens have come home to roost, so to speak. I don't envy
>>> President-elect Obama and the problems he's been handed. Perhaps Stan
>>> is correct - is it too late to ask for a recount? It's been a lot of
>>> fun watching the far left get their panties in a wad the last two
>>> weeks after suddenly realizing that their Chosen One can't possibly
>>> deliver on 10% of what he promised. Like most incoming Presidents,
>>> he's stuck with a lot of policies handed to him from the previous
>>> administration. He won't pull out of Iraq on his promised time
>>> schedule, he won't find an easy solution to Afghanistan, and there is
>>> no "magic bullet" for our current economic woes. There are no quick
>>> solutions and my guess is that the current financial pain we're
>>> suffering from will last a good bit longer. Throwing money at the big
>>> three automakers will only breathe a few months or years of life into
>>> a broken business model. Personally, I'd sure like a do-over on the
>>> bank bailout. One can only hope that Obama is as smart as his
>>> supporters have promised us he is - he'll need some smarts for sure.
>>> So far he's picked some really good people, not all of them by any
>>> means, but some.
>>>
>>> Attached is an article from the Houston Chronicle that does a pretty
>>> good job of outlining our problems. It isn't easy being a
>>> conservative these days, but I for one haven't given up hope.
>>> Sometimes people need to be beaten about the head and shoulders for
>>> the lessons to take hold, or as we say in flight training, "the
>>> beatings will continue until morale improves".
>>>
>>> Unlike the far left for the past eight years, I'm not going to berate
>>> the President for his every little miss-step. I sincerely hope he is
>>> The One. That said, I'm preparing just in case he isn't.
>>>
>>> On an unrelated note, did you know that the turkeys we eat for
>>> Thanksgiving are actually killed? I've been laughing my ass off at
>>> the "looney lefties" including the New York Times going berserk over
>>> Sarah Palin giving an interview while turkeys were being processed in
>>> the background. For someone supposedly headed for the "dustbin of
>>> history", they sure pay a lot of attention to her every move.
>>>
>>> Brad
>>>
>>>
>>>
>>> America's math problem yields no simple solutions
>>> Much of the blame rests with government spending
>>> By PAUL W. HOBBY
>>> Nov. 21, 2008, 8:11PM
>>>
>>>
>>> So America can still amaze the world.
>>>
>>> Is the election of President-elect Barack Obama a blessed
>>> self-correction or radical over-correction for the world's greatest
>>> nation? We can't know just yet. But, no matter how you voted, we have
>>> to close ranks as a nation at this moment in history, because the
>>> tripod of American authority in the world is dangerously unstable.
>>>
>>> The tripod consists of moral authority, economic authority and
>>> military authority. For reasons I need not detail, each of these legs
>>> is stressed as they haven't been in a very long while. In large part
>>> whether we succeed or fail in restoring our balance is about simple
>>> arithmetic. A serious math problem lurks in the shadows that
>>> heretofore neither party has been willing to address in a serious way.
>>>
>>> Succinctly stated, the math problem is that the federal government
>>> spends too much — a lot too much. The current deficit is a record $455
>>> billion (before the bailout). The national debt is $10.5 trillion.
>>>
>>> The reason for the inattention is that politics doesn't like math
>>> problems. Speeches are easier, symbols are safe and personal
>>> criticisms are the very best, because those things don't require
>>> anything of us, the people. They don't require introspection, or
>>> sacrifice or sober prioritization of needs and wants. But maybe, if
>>> there is a moment for hard reality to emerge, it is at the end of a
>>> political season. Just as it took a Southerner in LBJ to pass civil
>>> rights reform, real spending reform may have to come from a Democrat
>>> (LBJ had a balanced budget in 1969).
>>>
>>> Math problems are hard, but they undergird the universe. You cannot
>>> outrun or outtalk or out organize the math problem any more than you
>>> can outtalk or outrun physical gravity. This is a problem that
>>> threatens the strength of our currency, inhibits the government's
>>> ability to respond to the current fiscal crisis, and diverts precious
>>> dollars from infrastructure, education and all forms of long-term
>>> public investment.
>>>
>>> How did we get here? You know the answer at some level. We are all
>>> guilty of wanting to consume now and pay later. Politics is forever
>>> the struggle between today (current services) and tomorrow (education
>>> and physical infrastructure), and today usually gives tomorrow a solid
>>> whipping. For the "values voter" the math problem also has a moral
>>> dimension, because the practice of shipping the tab for our lifestyle
>>> to our children and grandchildren is truly obscene. Ironically, the
>>> best news for rich folks is that we can't tax our way out of a mess of
>>> this proportion. In a global economy, high marginal tax rates will
>>> cause capital and tax base to migrate elsewhere.
>>>
>>> Democrats traditionally ignore the math problem. They just don't turn
>>> in their homework and figure that it will all be OK as long as the tax
>>> code is useful as a punitive device for administering social justice
>>> rather than an equitable means for funding government. For their part,
>>> the Republicans cheat on the math problem. They talk about fiscal
>>> restraint and then spend on their contributors in a way that makes the
>>> drunkest of sailors blush. They say that if we reduce revenue enough
>>> we can eventually balance the budget. We have seen this "new" math
>>> before when we were told that supply-side economics would magically
>>> erase the deficit problem. It is true that tax cuts do act as economic
>>> stimulus, but the temporary stimulus is ultimately empty without
>>> spending restraint.
>>>
>>> Beyond government spending for a moment, the monetary new math said
>>> that $2.5 trillion in excess leverage (comparing the traditional
>>> relationship of bank debt to GDP) was OK because the risk had been
>>> securitized through asset-lite Enronomics, where the markets parse
>>> derivative and speculative risk intelligently, and create wealth for
>>> the most efficient market participants — in the absence of any
>>> fundamental value creation in the underlying economy. It wasn't OK,
>>>
>>> and a lot of people are getting hurt who never bargained for the risks
>>> they now face.
>>>
>>> Our approach to the public sector over the last eight years has been
>>> if you disparage government long enough it will get better. Clearly
>>> that hasn't worked. Obama thinks that government is important and that
>>> it can help people, but it can only do so if it is fiscally strong.
>>> His budget cuts, therefore, would spring from a different motivation.
>>> Will that be enough to make them palatable? I don't know, but I do
>>> know that the math problem demands that he try.
>>>
>>> Perhaps the ultimate fiscal blunt instrument, a balanced budget
>>> amendment (with appropriate exceptions for war or fiscal emergency),
>>> may be the bad idea whose time has come. Congress under both parties
>>> has been unable to discipline itself without it. Make no mistake, this
>>> mathematical exercise will be painful; all spending, not just domestic
>>> discretionary spending, (38 percent of the total) must be on the
>>> table. The only spending that is truly nondiscretionary is interest on
>>> the national debt.
>>>
>>> Obama is very smart, and he gives a very good speech. If he simply
>>> allows the latter gift to overcome the former gift, we may temporarily
>>> restore some moral authority in the world, and at least the folks who
>>> hate us will have to come up with a whole new set of reasons to do so.
>>>
>>> But this won't last; the math problem will ultimately impoverish us,
>>> and beggars don't retain their moral authority very long. Real change
>>> demands that the political conversation begins to track the fiscal
>>> reality for the first time in a long time.
>>>
>>> When I first met Obama in June 2007, I found him, as millions of
>>> others have, to be a special person. Is he special enough to lead us
>>> into the math problem with the kind of aspirational tone that got him
>>> elected? I think so.
>>>
>>> I hope so.
>>>
>>> I pray so.
>>>
>>> Hobby is a Houston businessman with extensive experience in private
>>> and public finance.
>>>
>>>
>>> On Sun, Nov 23, 2008 at 6:46 AM, Tootle <ekroposki at charter.net>
>>> wrote:
>>>
>>>> Andrew,
>>>>
>>>> I am sorry about your loss of being able to use credit to conduct your
>>>> business. Actually, use of credit has little to do with capitalism
>>>> but
>>>> rather economics Keynesianism and manipulated market theory.
>>>>
>>>> Understand the biggest single cause of the current economic 'Bubble'
>>>> bursting was the manipulation of mortgage market by National
>>>> Democrats,
>>>> specifically Sen. Dodd of Connecticut and Barney Frank of
>>>> Massachusetts.
>>>> These two induced Fanny Mae and Freddie Mac to push mortgages without
>>>> historical safeguards.
>>>>
>>>> Specifically they pushed giving mortgages without sufficient down
>>>>
>> payments
>>
>>>> to assist mortgage lenders in recovering from default and pushed
>>>> giving
>>>> mortgages with balloon payments to those who would not be able to meet
>>>>
>> the
>>
>>>> ballooning payment. Read the information available and you will find
>>>>
>> that
>>
>>>> the Bush administration requested better oversight and stricter
>>>> lending
>>>> requirement. Those two National Democrats and their associates
>>>> hindered
>>>>
>> or
>>
>>>> stopped better control. That is a big part of the current credit
>>>>
>> crises.
>>
>>>> This as Stan would say, according to Cindy Spitzer, was a 'Bubble'.
>>>> The
>>>> bursting of this bubble crippled the historically reliable mortgage
>>>>
>> market
>>
>>>> by making all mortgages credit suspect. This included all the
>>>> packages
>>>>
>> of
>>
>>>> credit made from those mortgages.
>>>>
>>>> This has 'mortally' harmed the credit industry. This has harmed not
>>>>
>> only
>>
>>>> getting credit but those who historically have used it to smooth
>>>> contact
>>>> payments out to pay routine business expenses. This harm caused by
>>>> Fanny
>>>>
>>> Mae
>>>
>>>> and Freddie Mac will last 50 years or more. Thank those in the U. S.
>>>> Congress who wanted to use the credit industry to finance social aims.
>>>> Thank you for supporting those candidates.
>>>>
>>>> So how is above this any different from Obama's other 'Progressive
>>>>
>> Goals?'
>>
>>>> Unfortunately, those who understand economics understand the problems
>>>>
>> that
>>
>>>> an Obama administration will have and cause. Maybe the stock market
>>>>
>> will
>>
>>>> stabilize? However, the harm inflicted on U. S. credit will linger.
>>>>
>>>> I am sorry that this will cause you great personal harm. What were
>>>>
>> Warren
>>
>>>> Buffett's remarks the other day about future inflation and devaluation
>>>>
>> of
>>
>>>> the U. S dollar? Thank Barney and Chris and fellow travelers, and
>>>> your
>>>> support of those policies and the policies advocates.
>>>>
>>>> Elle said, "Educators haven't 'turned over' discipline; it has been
>>>>
>> ripped
>>
>>>> out of their control by laws and regulations and lawsuits." Yes
>>>> thank
>>>> plaintiff's attorneys for over zealous advocacy of minor issues and
>>>>
>> nominal
>>
>>>> harms. We have at least one of those guys, on this forum. Actually,
>>>> we
>>>> have several but they lay low least they hear about their activities.
>>>>
>>>> Herb said, "At the same time, if we as parents were more involved in
>>>> the
>>>> educational process of our children, most of us would be surprised at
>>>> exactly what we can do. However, in the relative vacuum of parental
>>>> involvement, the bureaucracies have thrived like a fungus, and we've
>>>>
>> ended
>>
>>>> up where we are now."
>>>>
>>>> The simple truth is not all parents have time to be involved. When
>>>> both
>>>> parents work, as is needed in today's times to make ends meet, they do
>>>>
>> not
>>
>>>> have time to attend PTA and other activities.
>>>>
>>>> Discipline was integral when I attended school. It has been hamstrung
>>>> by
>>>> bureaucracies and sociopaths and those wanting schools to develop
>>>>
>> socially
>>
>>>> conscious students. Just read about the themes advocated by Obama's
>>>>
>> friend
>>
>>>> Bill Ayers. He disregards schools to build basic math and
>>>> communication
>>>> skills for social purposes. Yet, we have so many who follow the sheep
>>>> herder…
>>>>
>>>> Ed K
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> --
>>>> View this message in context:
>>>>
>>>
>>>
>> http://www.nabble.com/Andrew%2C-Elle---Herb%2C-comments-on-your-posts.-tp20645864p20645864.html
>>
>>>> Sent from the Rhodes 22 mailing list archive at Nabble.com.
>>>>
>>>>
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--
Herb Parsons
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