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Real Time: That Horrible Clinton Economy
The beginning of Bill maher's discussion with Congresswoman Maxine Waters, comedian Dana Gould and Wall Street Journal contributor Steve Moore.
Oct 12, 2008 7:44 PM
Re: Real Time: Thank God We're Not Stuck in That Horrible Clinton Economy
Evangelical Dominatrix
Evangelical Dominatrix
Evangelical Dominatrix
...I think that might stick
Evangelical Dominatrix
Evangelical Dominatrix
...I think that might stick
By: Typo
Re: Real Time: That Horrible Clinton Economy
1) I love Maxine Waters. She wrote the intro to Gary Webb's book, Dark Alliance: The CIA, the Contras, and the Crack Cocaine Explosion. She's nowhere near perfect, but she's generally been down with the Middle Class...
2) But what's up with Steve Moore - a journalist representin' the "liberal media," ho ho ho...
No wonder people don't buy into the mainstream corporate media any more. This guy sounds like a tinhat-wearin' wackjob at a McCain rally.
He repeats misinformation at top volume, doesn't take any accountability when he's repeatedly called out for being wrong/spreading propaganda, and - let's be honest - he's bobbing and weaving his head so much you need Dramamine just to watch him.
Chill, hoss. And I'm down with you talking about ACORN. But know what it means, yeah? ;) And have the same type of information about Diebold, too. Otherwise you sound like another partisan hack without credibility.
Oh, and speaking of another NeoCon without credibility:
Uh, "polls" didn't say Al Gore won the election. The American People and the Popular Vote said Al Gore the election - he won by over 500,000 votes.
The Supreme Court took it away. I know, I know...we have an Electoral College that has the final say. But the fact is that the Electoral College and the Popular Vote have *never differed* until Bush. Coup? Yup.
And Palin gave an ass-whupping to Joe Biden? Knocked him out? C'mon hoss, now you're just making us feel sorry for you...
This guy's such a turn-off, he almost makes 3rd party types like me to want to vote for Obama.
3) Oh, and Dana Gould? Make the Simpson's funnier. That is all.
2) But what's up with Steve Moore - a journalist representin' the "liberal media," ho ho ho...
No wonder people don't buy into the mainstream corporate media any more. This guy sounds like a tinhat-wearin' wackjob at a McCain rally.
He repeats misinformation at top volume, doesn't take any accountability when he's repeatedly called out for being wrong/spreading propaganda, and - let's be honest - he's bobbing and weaving his head so much you need Dramamine just to watch him.
Chill, hoss. And I'm down with you talking about ACORN. But know what it means, yeah? ;) And have the same type of information about Diebold, too. Otherwise you sound like another partisan hack without credibility.
Oh, and speaking of another NeoCon without credibility:
Uh, "polls" didn't say Al Gore won the election. The American People and the Popular Vote said Al Gore the election - he won by over 500,000 votes.
The Supreme Court took it away. I know, I know...we have an Electoral College that has the final say. But the fact is that the Electoral College and the Popular Vote have *never differed* until Bush. Coup? Yup.
And Palin gave an ass-whupping to Joe Biden? Knocked him out? C'mon hoss, now you're just making us feel sorry for you...
This guy's such a turn-off, he almost makes 3rd party types like me to want to vote for Obama.
3) Oh, and Dana Gould? Make the Simpson's funnier. That is all.
By: buckinghamgreen
Re: Real Time: That Horrible Clinton Economy
Previous times when the president was elected from Electoral College while losing the popular vote : 1824, 1876, and 1888
By: dishinki
Re: Real Time: That Horrible Clinton Economy
I know! Google is our friend. :)
But we should look a little more carefully at these three elections...
In 1824, there wasn't even what we'd call a "popular vote." It didn't exist in all states. And the main two candidates? Weren't even on the ballot in some states. Then the final decision of the 1824 election? It was made by the House. Can't compare this election to our current process because it's comparing apples and golf tees.
Okay, moving on. 1876. Hayes, the winner, was simply given 3 electoral votes from new state Colorado. No reason. Just given. And then an "Electoral Commission" (um, not part of the Electoral College) was specially set up by Congress and gave Hayes another 20 electoral votes who won by only 1 Electoral Vote. Totally circumvented the Electoral College process as we have it. Comparison? Apples and Something Not Apples.
Okay, let's finish. 1888. Well... Actually...pretty much the same as our current system. I stand corrected on this 'um back in 1888. Harrison beat Cleveland through a strategy that had a contested, thin margin of votes in a few key states with high electoral votes that may have been miscounted or part of voter fraud.
Just like Florida in 2000... :) But thank you - I do stand corrected on 1888.
But we should look a little more carefully at these three elections...
In 1824, there wasn't even what we'd call a "popular vote." It didn't exist in all states. And the main two candidates? Weren't even on the ballot in some states. Then the final decision of the 1824 election? It was made by the House. Can't compare this election to our current process because it's comparing apples and golf tees.
Okay, moving on. 1876. Hayes, the winner, was simply given 3 electoral votes from new state Colorado. No reason. Just given. And then an "Electoral Commission" (um, not part of the Electoral College) was specially set up by Congress and gave Hayes another 20 electoral votes who won by only 1 Electoral Vote. Totally circumvented the Electoral College process as we have it. Comparison? Apples and Something Not Apples.
Okay, let's finish. 1888. Well... Actually...pretty much the same as our current system. I stand corrected on this 'um back in 1888. Harrison beat Cleveland through a strategy that had a contested, thin margin of votes in a few key states with high electoral votes that may have been miscounted or part of voter fraud.
Just like Florida in 2000... :) But thank you - I do stand corrected on 1888.
By: buckinghamgreen
Re: Real Time: That Horrible Clinton Economy
Maxine "we do not have a crisis at Freddie Mac and in particular Fannie Mae" Waters.
What a fucking Cunt.
http://www.youtube.com/watch?v=hN31-nKndg8
When shit went down ove the past few months and all of the media pundits blamed capitalism and "deregulation" for the crisis at the GSE's, Maxine Waters wiped the sweat off of her brow, called her friends at the New York Times, said an exhaltant "Thank You!" and took a big sigh. You ignorant dopes bought it.
Fucking Democrats and their affirmative action programs for real-estate caused this lousy economy, and they aren't getting the blame they deserve because financial experts like Bill Maher and Dana Gould see another opportunity to Blame Bush.
What a fucking Cunt.
http://www.youtube.com/watch?v=hN31-nKndg8
When shit went down ove the past few months and all of the media pundits blamed capitalism and "deregulation" for the crisis at the GSE's, Maxine Waters wiped the sweat off of her brow, called her friends at the New York Times, said an exhaltant "Thank You!" and took a big sigh. You ignorant dopes bought it.
Fucking Democrats and their affirmative action programs for real-estate caused this lousy economy, and they aren't getting the blame they deserve because financial experts like Bill Maher and Dana Gould see another opportunity to Blame Bush.
By: poonhound
Re: Real Time: That Horrible Clinton Economy
Affirmative action for mortgages?
Which bill? Which Democrat sponsored such a bill?
PH, don't you think that someone might get tired for being called out on all the fantasy nonsense that magically gets attributed to you?
Which bill? Which Democrat sponsored such a bill?
PH, don't you think that someone might get tired for being called out on all the fantasy nonsense that magically gets attributed to you?
By: spam_vigilante
Re: Real Time: That Horrible Clinton Economy
Initially there was the Community Reinvenstment act refurbishment in 1999 that required banks that took deposits from low-income areas to give loans to those areas. Groups like ACORN and Greenlining would sue banks if they didn't give subprime, Alt-A loans in minority neighborhoods.
under the Housing and Urban Development dept (HUD) Fannie Mae and Freddie mac which are called GOVERNMENT sponsored enterprises (GSE's) were required by the GOVERNMENT to buy low income mortgages to re-sell as securitized debt. before the bubble burst, FNME was scheduled to fill a quota to buy 28% of its mortagages from "special affordable loans" i.e. subprime mortgages from people who could not afford the mortgages under standard bank requirements.
source:
http://online.wsj.com/article/SB122298982558700341.html
I wasn't the first person to describe this government-orchestrated Ponzi scheme as "Affirmative Action." You know who did? The secratary of the HUD appointed by Bill Clinton, Andrew Cuomo (D) did in 1998. You can watch him say it yourself here:
http://www.youtube.com/watch?v=ivmL-lXNy64
Then there were republicans who called for more oversight of FNME and FDMC on several occasions over the past 8 years. Secratary Snow called for more oversight in 2003 but Democrats such as Barney frank and Chris Dodd obfuscated legeslation being brought to the house:
http://www.youtube.com/watch?v=esMlrMSPCQI&feature=related
The Federal Housing Enterprise Regulatory Reform Act (S190) in 2005 would have created an independent regulator that would oversee the marketing of securitized debt, which is exactly what was recently passed by Congress in the bailout bill. But in 2005 all of the democrats voted against it and all the republicans voted for it, but because Republicans didn't think they had the votes in the senate, it was never brought to comittee.
You know, I have backed up all of my claims with evidence, often times video evidence. All you do is call it fantasy and ignore everything I present to you. You have become everything you claim to hate. Hypocrites, the lot of ya.
under the Housing and Urban Development dept (HUD) Fannie Mae and Freddie mac which are called GOVERNMENT sponsored enterprises (GSE's) were required by the GOVERNMENT to buy low income mortgages to re-sell as securitized debt. before the bubble burst, FNME was scheduled to fill a quota to buy 28% of its mortagages from "special affordable loans" i.e. subprime mortgages from people who could not afford the mortgages under standard bank requirements.
source:
http://online.wsj.com/article/SB122298982558700341.html
I wasn't the first person to describe this government-orchestrated Ponzi scheme as "Affirmative Action." You know who did? The secratary of the HUD appointed by Bill Clinton, Andrew Cuomo (D) did in 1998. You can watch him say it yourself here:
http://www.youtube.com/watch?v=ivmL-lXNy64
Then there were republicans who called for more oversight of FNME and FDMC on several occasions over the past 8 years. Secratary Snow called for more oversight in 2003 but Democrats such as Barney frank and Chris Dodd obfuscated legeslation being brought to the house:
http://www.youtube.com/watch?v=esMlrMSPCQI&feature=related
The Federal Housing Enterprise Regulatory Reform Act (S190) in 2005 would have created an independent regulator that would oversee the marketing of securitized debt, which is exactly what was recently passed by Congress in the bailout bill. But in 2005 all of the democrats voted against it and all the republicans voted for it, but because Republicans didn't think they had the votes in the senate, it was never brought to comittee.
You know, I have backed up all of my claims with evidence, often times video evidence. All you do is call it fantasy and ignore everything I present to you. You have become everything you claim to hate. Hypocrites, the lot of ya.
By: poonhound
Re: Real Time: That Horrible Clinton Economy
You know...it probably doesn't help your cause to be taken seriously when you start by calling someone a "cunt," yeah? :)
But in all seriousness, I think you're right...to a point.
What you're finding isn't that the Dems are the sole source of corruption fleecing our nation. Rather, you're identifying that the Dems can be corrupt/inept like the GOP. Heck, look at the last two years - the Dems in Congress gave Bush everything he wanted which I think is even worse than what you've posted.
And the events you describe *did* hurt our nation's solvency. For sure. But this is not as a sole cause standing alone in a vacuum. That'd be ludicrous.
And I think that's where people suggest your theory is fantasy. Not that you don't show proof in this one area. Instead, it's your highly unrealistic, partisan assertion that our troubles were caused by a single cause in a silo.
Your argument would be much, much stronger if you included all the other factors such as Bush's constant push for private overspending, our current government which is the largest in US history, Socialism and waste driving up the cost of the Iraq Occupation that's breaking our bank, Bush's efforts to have taxes cut until 66% of corporations don't pay any taxes at all in a given year, etc...
The real issue is we've spent like drunken sailors while simultaneously shipping jobs overseas. We spend but don't make money to pay for it.
We're like the young guys I served with in the Army who'd overdraft their bank accounts because they still had blank checks in their books. We're also like the old Soviets.
And our financial woes are due to all of these are the factors - plus more.
There's blood on a lot of hands, Poon. Both the Dems and the GOP. But you're going to turn people away from any point you make if you cherrypick and ignore the total picture of corporate influence behind this wide-spread, two-party corruption.
We should not be fighting each other. We should be together demanding total change from a new political paradigm that doesn't included the bloated two-party system that answers to Corporations before We, the People.
But in all seriousness, I think you're right...to a point.
What you're finding isn't that the Dems are the sole source of corruption fleecing our nation. Rather, you're identifying that the Dems can be corrupt/inept like the GOP. Heck, look at the last two years - the Dems in Congress gave Bush everything he wanted which I think is even worse than what you've posted.
And the events you describe *did* hurt our nation's solvency. For sure. But this is not as a sole cause standing alone in a vacuum. That'd be ludicrous.
And I think that's where people suggest your theory is fantasy. Not that you don't show proof in this one area. Instead, it's your highly unrealistic, partisan assertion that our troubles were caused by a single cause in a silo.
Your argument would be much, much stronger if you included all the other factors such as Bush's constant push for private overspending, our current government which is the largest in US history, Socialism and waste driving up the cost of the Iraq Occupation that's breaking our bank, Bush's efforts to have taxes cut until 66% of corporations don't pay any taxes at all in a given year, etc...
The real issue is we've spent like drunken sailors while simultaneously shipping jobs overseas. We spend but don't make money to pay for it.
We're like the young guys I served with in the Army who'd overdraft their bank accounts because they still had blank checks in their books. We're also like the old Soviets.
And our financial woes are due to all of these are the factors - plus more.
There's blood on a lot of hands, Poon. Both the Dems and the GOP. But you're going to turn people away from any point you make if you cherrypick and ignore the total picture of corporate influence behind this wide-spread, two-party corruption.
We should not be fighting each other. We should be together demanding total change from a new political paradigm that doesn't included the bloated two-party system that answers to Corporations before We, the People.
By: buckinghamgreen
Re: Real Time: That Horrible Clinton Economy
Funny how you didn't mention in any of your posts the Gramm-Leach-Bliley Act. Please don't bother with any documentation that states how innocent that deregulation was. I, amongst others can provide just as much that states how it wasn't free of blame.
But I am big enough to state that I was wrong for having called you out instead of doing as I should have and repeated that old truism that the tie goes to the runner. Still, you and I have only presented one side of the issue.
I know you'll likely characterize FactCheck.org as being totally liberal because of the association with the Annenberg Project, but they've proven to be quite fair on this issue in calling both sides less than honest in their representations.
Forgive me. I suspect you'll someday do the same if you ever consider yourself to be wrong.
But I am big enough to state that I was wrong for having called you out instead of doing as I should have and repeated that old truism that the tie goes to the runner. Still, you and I have only presented one side of the issue.
I know you'll likely characterize FactCheck.org as being totally liberal because of the association with the Annenberg Project, but they've proven to be quite fair on this issue in calling both sides less than honest in their representations.
Forgive me. I suspect you'll someday do the same if you ever consider yourself to be wrong.
By: spam_vigilante
Re: Real Time: That Horrible Clinton Economy
The hate is swelling in you now. Give in to your anger. Learn the power of the dark side.
Your "evidence" is pretty vague, and as far as I can tell, your argument is: that some Democrats supported the platform traditionally held by Republicans (deregulation), and they were wrong to do so; that some Republicans supported the platform traditionally held by the Democrats (regulation), and they were right to do so; that the platform traditionally held by Republicans is what caused the economic crisis; and finally, that a video of text + Dire Straits = "video evidence."
Your "evidence" is pretty vague, and as far as I can tell, your argument is: that some Democrats supported the platform traditionally held by Republicans (deregulation), and they were wrong to do so; that some Republicans supported the platform traditionally held by the Democrats (regulation), and they were right to do so; that the platform traditionally held by Republicans is what caused the economic crisis; and finally, that a video of text + Dire Straits = "video evidence."
By: i8ursandwich
Re: Real Time: That Horrible Clinton Economy
Wow, Poon, you pretty much nailed it. I feel the scales falling from my eyes. The real estate price bubble and derivatives fraud were caused by banks giving loans for crummy houses in run-down neighborhoods. The trickle-up effect caused million-dollar condos in Manhattan to become multi-million-dollar condos. Exurb developers were tricked into building too many McMansions in anticipation of the wave of unemployed buyers from the wrong side of town. Banks began cooking up toxic mortgages on inflated collateral, and passing on the inevitable defaults to somebody else, because ACORN might otherwise accuse them of redlining neighborhoods.
It all makes sense now. Roving bands of dark-skinned poor people grabbed the steering wheel and sent Wall Street over a cliff because there was too much banking regulation. Fucking powerless people ruin everything.
It all makes sense now. Roving bands of dark-skinned poor people grabbed the steering wheel and sent Wall Street over a cliff because there was too much banking regulation. Fucking powerless people ruin everything.
By: loqi
Re: Real Time: That Horrible Clinton Economy
Yeah, you're right. Let's blame the poor. Heh.
No one made any money off of those exhorbitant origination fees, did they? There were no instances of predatory lending, were there?
I'm sorry. I ought to bite my tongue until PH show back up to tell me that he'll be happy to apologize for being wrong if he ever is.
No one made any money off of those exhorbitant origination fees, did they? There were no instances of predatory lending, were there?
I'm sorry. I ought to bite my tongue until PH show back up to tell me that he'll be happy to apologize for being wrong if he ever is.
By: spam_vigilante
Re: Real Time: That Horrible Clinton Economy
The very best answer on M&C! I laughed out loud at my computer... :)
By: buckinghamgreen
Re: Real Time: That Horrible Clinton Economy
So youre saying the Democrats werent baby sitting Mae and Mac well enough... What is it with republicans? Do you, or do you not want govenment keeping an eye on all-things-business?
By: meat
Re: Real Time: That Horrible Clinton Economy
You just blew Poon's mind, maaaan... :) That's the problem with folks bending over and praying to their partisan gods. At some point, they're getting angry calling people "commies" while simultaneously (and shrilly) shrieking for corporate affirmative action/welfare and the compete socialist takeover of what little is left of our "free market." I sometimes like what Poon says, but this is further support for Americans to come together and throw out blind obedience to either party.
By: buckinghamgreen
Re: Real Time: That Horrible Clinton Economy
Your obscenity laden rant, proves you have no self control and probably caused this economic crisis all by yourself.
What's the weather like up bush and mccain's ass? Does it smell like money?
What's the weather like up bush and mccain's ass? Does it smell like money?
By: Spankywzl


