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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (15361)2/13/2009 2:26:22 PM
From: Charles Macdonald  Respond to of 50293
 
In addition to some physical....

barrettrifles.com



To: SliderOnTheBlack who wrote (15361)2/13/2009 2:28:07 PM
From: Jamey2 Recommendations  Respond to of 50293
 
They are one step ahead of the taxpayer. Plenty of space to put those who would try to take the law into their own hands. Martial Law and the National Guard will quell any outbreaks of freedom riders.

I'm afraid we sat on our thumbs too long...

Trey



To: SliderOnTheBlack who wrote (15361)2/13/2009 3:44:02 PM
From: joseffy  Respond to of 50293
 
I knew a guy who knew Dodd.

He told me they both failed out of the University of Maryland Law School

and then went to the University of Louisville School of Law, known as the easiest law school in the country to get a degree from.

After they got out of basketball school Louisville with their certifications as lawyers, the guy I knew got a job with the US government.

Meanwhile Dodd stepped into the Connecticut political machine set up by his father, Senator Dodd, and was elected to US Congress from Connecticut in 1974, two years after he got out of Louisville.

Dodd’s buddy told me that he had a complaint hearing about something to do with his government job, and things did not look good for him when, in the middle of hearing, Dodd walked in.

The government people holding the hearing were terrified, since Dodd was a US Congressman.

This turned things strongly in favor of the guy I knew, “Until Dodd started talking,” the guy told me with despair..

Once Dodd started talking it was clear he knew nothing about the subject at hand, and he actually ended up hurting the buddy he came to help.

“If only he would have kept his mouth shut,” the guy told me.

I just checked Dodd’s own official Senate biography, and it reads:

“In 1972, he earned a law degree from the University of Louisville School of Law.”

dodd.senate.gov



To: SliderOnTheBlack who wrote (15361)2/13/2009 5:17:32 PM
From: Fiscally Conservative1 Recommendation  Respond to of 50293
 
Good Post.

It is not about which side you cast your vote for. This is not a Democratic or Republican issue,imo. It is about those who are more interested in a Global Economy and how they can capitalize on it. They do not give a 'rats arse' about this Country. They,imo,would rather pit one political party against the other so they can hide between the shadows doing what they do best,stealing us blind. The Mom and Pop's of this country are tools for the new world order elites to utilize. These elites reside right here among us. They diguise themselves as patriots in industry and turn out the vote for whatever party will best serve their goals. They hide behind masks sheilding their intentions.

Maybe folks,the Mom and Pop's,the little guy and gal, should wake up and think about every item they buy that is not produced in this country. Think about where that money goes after it leaves our country. Maybe if folks decided enough was enough and spent their dollars wisely we would not be so gullible and so wrongly utilized against our own common good. Maybe more factories would have to constructed here. Maybe more tax revenue would be produced here and put to work here.

Our Founding Fathers had much in common. Many common denominators in fact. Take a good look around. I dare with as much as we have today we do not possess as many common denominators working for the common good of our country and individual. But they did.

Things need to change.

Maybe we should stop blaming the other Political Party. All this finger pointing has proven futile thus far.
We should look to help other. We should try and think past our own needs and or greed and think in terms of cause and effect. How all we do will have its effect somewhere down the road.

Sometimes Slide I get the impression your political adgenda is larger than your financial one. However,what you write gives pause for thought. That in and of itself is more than likely your intention.



To: SliderOnTheBlack who wrote (15361)2/13/2009 9:13:05 PM
From: loantech9 Recommendations  Respond to of 50293
 
This was all about bankers who knew exactly what they were
doing... "putting lipstick on pigs (mortgage backed securities)
and then selling them to people who didn't know what they were
buying." >>>>>>>>>>

The top management knew exactly what they were doing. I worked in mortgage banking for 23 years. Us lowly paper pushers the loan processors and underwriters knew that the last 8-10 years was BS. Totally outside of the underwriting guidelines we were trained on 20-30 years ago.

The marching orders came from the top enforced by ECOA and Fair lending regulations. Underwriters were forced by federal law to approve loans that were crap.

clevelandfed.org

Many people like to blame Clinton for the mortgage mess this is false. CRA started in 1977. Underwriting standards were loser but required proof of income, employment, and a down payment.

The subprime loans were started by Ford financial, the Associates, and Beneficial and their brethren in the mid 80's but still required income verification and were made at much lower loan to values. In addition there were priced from 5-8-10 points above the prevailing A quality mortgage rates.

It was Bushes mandate for the ownership society and for everyone to own a house where the real barriers to underwriting standards were broken down. In addition to the relaxing of guidelines came a narrowing of rates between A paper and the junk.Things became ludicrous in 2003-2007 before the bubble burst. Suprime went to 100% loan to value and higher and the spread between A paper and junk got as low a 2-3% and on ARM loans at times were the same or lower than fixed rate A paper.

In the new millenium FNMA and FDMAC got into the act of changing stated income loans from an historical owner occupied 70% loan to value for only self employed individuals with stellar credit to as high as 95-100% LTV, owner and nonowner occupancy included along with salaried borrowers with a much lower credit payment history threshold requirement.

The Office of Thrift and Supervision and the Department of the Comptroller of the Currency and their deregulation or lax regulation lead the false bull market by the horns.So I for one do not trust the bankers to regulate themselves and let market forces control. That is what happened and it became total bullsh#t. I know I was there and I was there for decades so I know the timeline.But we have to figure out how to regulate the regulators. <NFG>

I also do not agree with either Bushes or Obama's bailout of the banks. The people who created the problem should be fired at the least and prosecuted at the most. The Swedish nationalized their banks when this happened, cured them and then sold them to the public. We could use that as a model.We essentially have a nationalization of the banks now with now public ownership and little oversight except by the same people who created the problem.



To: SliderOnTheBlack who wrote (15361)2/14/2009 11:31:45 AM
From: miltofi1 Recommendation  Read Replies (1) | Respond to of 50293
 
I'm not sure how Dodd's provision benefits any hedge fund manager or banker...

How does a bonus cap of 1/3 of executive salary help them?

Sure, these firms can just increase their salaries, but am I missing something else....?



To: SliderOnTheBlack who wrote (15361)2/14/2009 12:54:05 PM
From: JBTFD2 Recommendations  Respond to of 50293
 
What end run?? I don't see why you're so pissed off at Dodd, unless you're one of the bank executives who's bonuses will be capped.

What am I missing?



To: SliderOnTheBlack who wrote (15361)2/14/2009 1:27:26 PM
From: Fiscally Conservative1 Recommendation  Read Replies (1) | Respond to of 50293
 
Pssst: Why not try and let Chris Dodd know what you think?

Here is a link to his website where you can post your thoughts. His site is open to all. Maybe a few more
thoughts expressed from this room will get the message across,gg.

dodd.senate.gov

Batter up!



To: SliderOnTheBlack who wrote (15361)2/14/2009 1:29:34 PM
From: TH3 Recommendations  Read Replies (2) | Respond to of 50293
 
SOTB,

Dodd is a showpony. I bet he has someone on staff to do his hair.

I'm with you, and I've got rope, but the millions of Americans we need to march with us are asleep or watching American Idol or something. I'm waiting, but I'm not counting on our fellow clowns to be anything more than the sheep they have been programed to become.

rense.com

Regarding a previous post you made. Think this dood cares about your health?

<January 1981-- Donald Rumsfeld, CEO of Searle, states in a sales meeting that he is going to make a big push to get aspartame approved within the year. Rumsfeld says he will use his political pull in Washington, rather than scientific means, to make sure it gets approved.>

GT
TH



To: SliderOnTheBlack who wrote (15361)2/16/2009 3:16:52 PM
From: Liberty Eagle8 Recommendations  Read Replies (3) | Respond to of 50293
 
Look who's gunning for Dodds' seat in 2010 :0)

schiff2010.com

I'm psyched, registered and thumpin' the war drum for Peter.

Wish me luck!



To: SliderOnTheBlack who wrote (15361)1/6/2010 12:11:20 PM
From: SliderOnTheBlack18 Recommendations  Read Replies (2) | Respond to of 50293
 
Chris Dodd retires, will not seek re-election...

foxnews.com

One small step for Chris Dodd, one giant leap for mankind.

It took nearly a year, but the wait was well worth it...

From: SliderOnTheBlack 2/13/2009 2:09:51 PM
43 Recommendations Read Replies (10) of 20606

Message 25411115

Chris "bloated, piece of shit, shyster" Dodd...

200 years ago in this country, a lynch mob would be presently
busting down the doors of Congress and pulling that big fat,
hog jowled, bloated blowhard, pompous piece of bought and
paid for, friend of Angelo, insider self-dealing, piece of
shit - Sen. Chris Dodd.... and hanging his fat ass from a
lamp post on the steps of Congress.

----------

1 down and about 85 to go,

SOTB

PS: Dodd lost even more face, by over-selling
his BS about his low poll numbers and very low
odds of being re-elected, having anything to do
with his decision.

Yeah right.

Enjoy your "friends of Angelo" mortgages Chrissy-boy,
the entire world knows you were a bought & paid for shill
of the banksters, and that's your legacy.