Bush's Shrinking Safety Zone

[lookout123]

Fuckhim. i don't mind his tinfoil hat, wearing, ridiculous encyclopedic posting, but I'm just tired of the lies, that is why I personally will take every dig at him I can. I don't mind disagreements in factual interpretation, I hate the willful lies and misdirection.

[tw]

Originally Posted by lookout123

I don't mind disagreements in factual interpretation, I hate the willful lies and misdirection.

If you hate lies, then why support the mental midget's political agenda? Funny thing about all those lies from tw. They ended up being truth.

[TheMercenary]

Originally Posted by tw

If you hate lies, then why support the mental midget's political agenda? Funny thing about all those lies from tw. They ended up being truth.

You are full of crap tw. You speak bull with forked tongue. Increase your meds.

[Urbane Guerrilla]

Originally Posted by glatt

I think tw was trying to prove some sort of a point by going personal lately. Trying to get some sort of reaction. Maybe play the victim.

He's been trying exactly that: he's making these sniveling pleas to Undertoad about how I'm benefiting from a "double standard" that lets me, well, annoy him, without getting banned. I don't know if he's been trying this with anyone else -- I presume I'm just the most obvious example.

Hey, from what I can see I think tw's thinking is typical of the hard Left. Look at the recent MoveOn.org ad against McCain -- it exemplifies the Left's extremity of cowardice, and their utter incapacity in fighting the fascist Ba'athists and other undemocratic, unfree, woman-abusing groups of nasties. Such are our foes, you know. They don't seem much of an improvement over the long-extinct worshippers of Baal with their infant sacrifices. You'd think the Liberal-Left would be against that kind of woman-abusing, but so long as it's a Republican in the Oval Office, nooooo! Seems they want to impeach him for conducting foreign policy while being a Republican, and for trying to win a war started by foreign aggressors by the intelligent strategic approach of leaving them no sanctuary to retreat to. Nuts and crazymen, all of them.

[tw]

Originally Posted by TheMercenary

You are full of crap tw.

So a shitface is an expert on crap. TheMercenary - how would you know. You did not even get an education.

[tw]

Originally Posted by Urbane Guerrilla

Hey, from what I can see I think tw's thinking is typical of the hard Left.

Same UG who openly advocates torture by denying it was torture, then denied it was authorized by those he worships. Senate investigators have traced requests for torture to the highest levels of George Jr administration. These are people that UG admires?

SCOTUS Grants Guantanamo Prisoners Habeas Corpus

... officials began assembling lists of harsh interrogation techniques in the summer of 2002 for use on detainees at Guantanamo Bay and that those officials later cited memos from field commanders to suggest that the proposals originated far down the chain of command,

How does UG reconcile his morality with his love of torture? How does he explain that extremist (like UG) advocated torture in 2002 and then lied about who instituted it in Guantanamo, Abu Ghriad, and in secret torture prisons throughout the world? He doesn't. UG rewrites history.

So who also advocated torture? Who also agrees with UG's versions of morality? Nazis. Religious extremists (Jewish, Christian, and Islamic). N Vietnamese prison guards. African dictators. Papa and Baby Doc Duvailer. Serbian ethnic cleansers such as Milosevik. Saddam. Interesting are those who think just like Urbane Guerrilla.

[TheMercenary]

Originally Posted by tw

So a shitface is an expert on crap. TheMercenary - how would you know. You did not even get an education.

How would you know?

Now prove this claim:

Originally Posted by tw
TheMercenary lied about his service record.

Put up or STFU.

[BigV]

pssst:

[stage whisper]

no one believes it. stop giving credence to his untruthful insults by responding to them. do not justify them by acknowledging them.

I'm just sayin...

[/stage whisper]

[TheMercenary]

You're right. I guess it is best to hit the old igore button.

[tw]

Eventually throwing money at the rich to make an economy look good; permitting off sheet entities and other free form spread sheet games; now the government is offering free money to more and more comers. A discount window once open to investment banks will now be open to insurance companies? This is socialism as we should expect from extremist politician who always work for themselves – not in the interests of America.

By Monday morning, you should know Merrill Lynch is gone - a victim of a liquidity crisis. Lehman Bros is in such bad shape that no one is willing to buy them. And AIG - the biggest insurance company - has just gone begging to the Fed for money because, well, it has been obvious for at least five years that their accounting sucked.

Meanwhile, the FDIC (who insure your back accounts) has also quietly discusses a government cash extension. Legg Mason has been added to a list of companies maybe on the verge. Auto loan companies are rumored to now be suffering from non-performing car loans. And of course another anti-American company (who has obviously been playing spread sheet games for decades while stifling innovation) GM keeps suggesting it will beg for government money.

As Cheney said, "Reagan proved that deficits don't matter". It has been noted many times here. These ponzi schemes that made the economy look good eventually cause economic forces to take revenge. The fiscal mismanagement of four and seven years ago is now resulting in an appropriate response.

Why is the economy not in free fall? It would have been if this was 1920 economics. But we have numerous safety nets. Many if not most are now in operation. For example, something over 700 American banks have failed. It is no loner certain how many mortgages are non-performing. Something like one in three in California may be on the verge of default.

More obviously encouraged were money games by Fannie Mae and Freddie Mac. They too have been legally buying politicians to get a slice of the free money

[classicman]

Only the strong survive - isn't that how it is in the real world? Perhaps we are cleaning up a bloated mess and will be left with only those that should have been around.
Hell lets get rid of GM too while we're at it.

[tw]

Originally Posted by classicman

Only the strong survive - isn't that how it is in the real world? Perhaps we are cleaning up a bloated mess and will be left with only those that should have been around.

Merrill Lynch customers can thank Bank of America for saving their investments from a similar glaring disaster called Lehman Bros. But again, every such problem is directly traceable to spread sheet accounting that perverts those spread sheets to claim profits. Good companies know the purpose of a company is its products. Bad (or for those who need to see things in religious terms) or evil companies foolishly think the purpose of a company is its profits. George Jr and the extremists he fronts for agree with the latter.

Companies that chase profits rather than better products must eventually use spread sheet games to claim profits. GM has been doing that for decades. When the employee retires, his pension fund is supposed to be fully funded. To claim profits, GM stopped funding those pension funds. Now GM claims legacy costs - an unfair advantage. GM forgets to mention that no profits existed through 1990s and early 2000s if GM had been properly funding those pension funds. But again, money games because too many foolishly think the only purpose of a company is its profits.

Under George Jr (especially obvious with his SEC commission Harvey Pitts), spread sheet games were openly encouraged. It makes an economy work better - according to the evil ones. Now the government must bail out companies who also pay those executives multi-hundred $million termination bonuses.

See why Chrysler is probably in trouble. Same executive that was slowly driving Home Depot under was given $200million to leave. Now he is doing same for Chrysler. His job as described to me by another (drunk) executive who was doing the same thing. "___ makes the spread sheets say what they must say." ____ was his accountant.

[TheMercenary]

Originally Posted by classicman

Only the strong survive - isn't that how it is in the real world? Perhaps we are cleaning up a bloated mess and will be left with only those that should have been around.
Hell lets get rid of GM too while we're at it.

I'd support that. Let's close them out and go with Ford. They make a diesel that gets 60mpg in the UK. But we can't get that here becasue they don't think there is a market for it? Someone please give them a call because I would gladly pay $5/gallon for gas if my car got 60mpg.

http://www.businessweek.com/magazine..._top%20stories

[tw]

Apparently the outcry about George Jr's administration doing socialism for rich companies struck a nerve last week. From the Wall Street Journal of 15 Sep 2008:

When Paulson called Wall Street CEOs Tuesday and Wednesday to inform them at his no-bailout stance, some argued to him that the government needed to structure a rescue like that of Bear Stearns Cos., according to people familiar with t he matter. To prevent Bear's collapse in March, the fed agreed to put up $30 billion to J P Morgan Chase & Co, the acquiring bank. The government also took on some of Bear's riskier assets. ...

Mr Paulson was also irked that Wall Street saw him as someone who would always ride to the rescue. And because Lehman's troubles have been known for a while, Mr Paulson felt the market had had time to prepare. Also, on Friday, federal officials monitoring talks to sell Lehman to Bank of America, which had started the day before, realized the big Charlotte NC bank would likely balk without federal backing. ...

Mr Paulson told the group it was in their interest to find a solution. "Everybody is exposed" to Lehman, Mr Paulson said ...

Why? Why would everyone do business with a firm that had financial statements that read like a black box? Nobody knew whether Lehman (and others) was fiscally stable for years. The same mentality that made home loans routinely to NINJA (no income, no job apparent) applicants also did business with anyone under the new philosophy of profit without considering risk; that the spread sheets need not be honest.

GM is worth $5billion. AIG (whose accounting has been speculated a black hole for maybe 5 years) attempted to raise capital through private sources. AIG could not. Nobody could trust AIG's financial reports. Despite the public outcry against corporate socialism and Paulson's warning, last weekend, AIG went begging to the government for $40billion. When will it end? When corporate executive start being removed in mass number for being so incompetent.

Merrill Lynch's CEO Stanley O'Neal was warned by his senior VP that O'Neal had created a massive subprime loan problem. Instead, the VP was fired. One year later, those financial myths became a threat to Merrill's existence almost 100 year existence. O'Neal was fired (with $hundreds of millions in bonuses). New CEO John Thain is credited with doing so much so quickly to save enough of Merrill as to make Merrill a useful purchase for Bank of America. By replacing the only problem in Merrill (Stanley O'Neal) with a responsible CEO, then Merrill Lynch account holders are not stuck in the mess that Lehman Bros clients are now suffering. Just another example of what had to be removed to fix the problem - top management.

Meanwhile, those who are the problem have finally heard the word. They, not the government, must fix the problem. In many cases, that means the CEO must be removed by overt threats of bankruptcy. Otherwise the employees lose their jobs. Merrill is a perfect example of what must be done to save those jobs and customer investments. Lehman and AIG are perfect examples of how ignorant and myopic CEOs are.

How did we save NYC? The New York Post said it on the front page. Ford to NY - drop dead. That is the only way to get the attention of narcissist and corrupt people.

[tw]

Cheney cannot stop hyping hidden enemies everywhere. Fear still promotes loyalty from poorly educated wacko extremists. From the Washington Post of 8 Jan 2009:

The White House yesterday raised anew the possibility that North Korea has an active program to enrich uranium, an issue the administration had played down in recent years as it sought to persuade Pyongyang to give up its nuclear programs.

With just 12 days left in the Bush administration, national security adviser Stephen J. Hadley made the allegation in a speech reviewing the president's foreign policy legacy. ...

Administration officials said the new concerns were largely based on in-depth scientific analysis of enriched uranium traces that were discovered on smelted aluminum tubes and reactor documents that had been provided by North Korea in an effort to rebut allegations that it had a uranium program. The Defense Intelligence Agency in particular has pressed this case, backed by the vice president's office and some parts of the CIA, but the Energy Department has opposed it, officials said.

It reads like a list of the usual suspects. Those who *know* are the same liars who said Saddam had WMDs and that are politically allied to Cheney and other wacko extremists. The Energy Department was one source for facts that strongly disputed the 'Saddam WMD' myths. Also opposing those myths were many parts of the CIA that do not support the Cheney alarmism. The same Cheney supporters are still trying to incite war with North Korea. Instead look deeper at the facts.

David Albright, a former U.N. weapons inspector and president of the Institute for Science and International Security, said he had been briefed recently on the findings by government officials. He said "very few particles" had actually been discovered on the documents and the tubes, and that the DIA was basing its analysis on a single particle that, through age-dating techniques, was believed to be about 3 1/2 years old.

UN weapons inspectors were also a responsible agency that provided facts disputing George Jr's Saddam WMD intentional lies. But TheMercenary and other wackos will now use this to blame fails on Obama - as soon as Rush Limbaugh and Hannity tell him to.

Most important fact is not N Korea uranium. The most important fact is how pathetic American White House credibility has fallen. They keep inventing bogeymen while making no serious attempt to get bin Laden. Protect bin Laden and wacko extremists with low education will believe enemies are hiding everywhere waiting to destroy us. Wacko extremism is still alive and well; complete with hyping fears based only on a single particle.

Wacko extremists need lies to revive fears of the mythical axis of evil. Such lies get the least educated among us to vote for wacko extremists. N Korea is planning the destruction of America because a single particle was found. Same reasoning also proved Saddam had WMDs.