Posted by Max Brantley on October 20, 2008 06:28 PM|Permalink
Comments
OK. The deed is done. Me 'n mama drove to Fayetteville to cast our votes, because we're skeered to leave them in the hands of the poll workers in Repugnikunville. Lots of folks there. Many of 'em were even dark skinned people.
A good sign.
California vintners in the Napa Valley area, which primarily produce Pinot Blanc, Pinot Noir and Pinot Grigio wines, have developed a new hybrid grape that acts as an anti-diuretic.
It is expected to reduce the number of trips older people have to make to the bathroom during the night.
Adult education is a wonderful thing. Especially when certain parties try to shovel mountains of shiz on top of facts, to distract from and hide their own criminality.
Like this ACORN thing.
Confused about it? Uncertain of the truth? Of course you are. That's their point. Their end-game.
So you will be thrilled to find -- at clicky -- the facts.
Unfortunately, it requires actual reading because it's detailed, organized, reality-based and four pages long.
Fortunately, the article clarifies exactly what's going down. (Please, no more salacious discussions of my gender / orientation, like last week. It's obvious to everybody, except one or two confused "latents", by now that I'm a well-connected gal who does indeed know from going down.)
Forward the link to friends. Especially those chirping the Republican line about ACORN.
They won't read it anyway, but at least you might reboot a synapse or two.
In total (not safe to let strange figure the totals):
Republicans- 80% of Supreme Court, 73.4% of Appeals court & 68.9% of trial court
Democrats- 20% of Supreme Court, 26.6% of Appeals court & 31.1% of trial court
You have until voting closes Nov. 4th to get your captions posted at clicky.
So far, CammackLife is the winner!
Wait: he's the ONLY entry.
The FUN part? YOU get to vote on the best caption! Your votes will be tallied Nov. 5th and the winner will receive a fabulous walnut-and-brass plaque in the shape of the State of Arkansas! You know: like the ones given out at all those fund-raisers in Soiree and Inviting Arkansas?
Yes, for REALZ! (Voting cutoff: midnight Nov. 5th.)
It will be awarded to your Screen Name, from the Arkansas Times and me personally! Imagine the lifetime of thrills and pride as generations of friends and family gather 'round to stare at your prize-winning plaque on your wall!
(Of COURSE I'm paying for it. Do you understand how TIGHT Max is?)
Best part? To preserve your anonymity, the winner will email Max the shipping address for the magnificent plaque, so NOBODY else will ever know!
One entry per screen name, so give it your best shot!
Jim Lendall posted this over at Damsel in Distress....so pardon me Jim while I double your coverage on the FOUR PERSON PRESIDENTIAL DEBATE:
"The last O-Mc debate left out much substance. Democracynow.org allowed two other Presidential candidates Green Party Christine McKinney and Independent Nader to respond to the same questions that were posed to the corporate candidates, O and Mc. Scroll down the transcript of the debate to see their responses.
Just in from Reuters comes the news that Senator Obama is flying to Hawaii to visit his grandmother, whose health is deteriorating. At this point he expects to be back on the campaign trail this Saturday.
I think she's close to passing on, kizzy, which would be why he is flying out so suddenly. I think he has one more rally in Indianapolis. Michelle will carry on in his place to some extent at one or two rallies.
Here are some FACTS that the people of the left don't seemed to be interested in. It is from the NY TIMES:
September 30, 1999
Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program b! y next spring.
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.
''F! annie M ae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''
Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic tim! es. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.
''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''
Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or he! r month ly payments on time for two years, the one percentage point premium is dropped.
Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.
Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.
Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.
In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.
Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.
In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.
The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.
Here is another FACT that most of you will not want to read---if you do.
Tuesday, September 30, 2008 3:07 PM
By: Charles R. Smith
One does not have to look very far to find the root cause of our current financial dilemma.
Despite the partisan political spin that it's "all George Bush's fault," the facts were well documented in 2006 by the audit report of the Office of Federal Housing Enterprise Oversight (OFHEO).
It is the failure of the mainstream media to kick the spin and put out the facts before the American people.
According to the auditors, "During the period covered by this report - 1998 to mid-2004 - Fannie Mae reported extremely smooth profit growth and hit announced targets for earnings per share precisely each quarter. Those achievements were illusions deliberately and systematically created by the Enterprise's senior management with the aid of inappropriate accounting and improper earnings management."
The audit report is specific - telling why the Fannie Mae folks inflated their books and who was responsible for the systematic mirrors and smoke game to inflate earnings.
"By deliberately and intentionally manipulating accounting to hit earnings targets, senior management maximized the bonuses and other executive compensation they received, at the expense of shareholders. Earnings management made a significant contribution to the compensation of Fannie Mae Chairman and CEO Franklin Raines, which totaled over $90 million from 1998 through 2003. Of that total, over $52 million was directly tied to achieving earnings per share targets."
So while Franklin Raines, currently adviser to Senator Obama, walks free with millions in his pockets, homeowners and taxpayers all over America are paying the price of his failed leadership.
How did this happen? The answer again comes from the audit report: Basically, the management at Fannie Mae hid the payouts from public view.
"Enterprise executives purposely obscured their official disclosures of executive compensation and failed to provide complete information on the post-employment compensation awarded to former CEOs," noted the audit report.
The whole story, as documented by the audit report, goes from one tale of falsehoods followed by another chapter on cover-ups.
"Fannie Mae senior management achieved those earnings targets by regularly manipulating earnings," notes the report.
"During the period covered by this report, Fannie Mae senior management systematically withheld information about the Enterprise's operations and financial condition from the board of directors, its committees, its external auditors, OFHEO, the Congress, and the public, or disclosed information that was incomplete, inaccurate, or misleading," states the audit report.
While the books looked great - good enough to pay out millions to Raines and others at Fannie Mae - the facts behind the scenes pointed to a crumbling empire ready to collapse.
"Fannie Mae consistently took a significant amount of interest rate risk and, when interest rates fell in 2002, incurred billions of dollars in economic losses," states the report.
Worse still, when it appeared the cover-ups were failing and the auditors were closing in on the truth, the executives at Fannie Mae combined forces with Democrats in Congress to try to replace the auditors.
"Fannie Mae senior management sought to interfere with OFHEO's special examination by directing the Enterprise's lobbyists to use their ties to Congressional staff to 1) generate a Congressional request for the Inspector General of the Department of Housing and Urban Development (HUD) to investigate OFHEO's conduct of that examination and 2) insert into an appropriations bill language that would reduce the agency's appropriations until the Director of OFHEO was replaced," noted the report.
So who helped out the Fannie executives?
In 2007, Sen. Dodd, D-Conn., the chairman of the Senate Banking, Housing and Urban Affairs Committee, called on Fannie Mae and Freddie Mac's regulators to lift the portfolio caps. He argued that allowing the two firms to buy more subprime mortgages, at least temporarily, would inject much needed liquidity into the market and calm the financial markets. Of course, that was like offering heroin to an addict.
Sen. Dodd called Bush's proposed stronger regulations on Fannie Mae "inane" and recommended the president "Immediately reconsider his ill-advised" proposals."
In 2000, when Republicans introduced a reform act for Fannie, Rep. Frank dismissed the bill, saying concerns were "overblown" and that there was "no federal liability there whatsoever."
In 2002, as alarm bells were ringing, Frank dismissed them with "I do not regard Fannie Mae and Freddie Mac as problems," according to a Sept. 10 Wall Street Journal article.
When the accounting scandal finally broke open, Rep. Frank acted quickly . . . to cover the whole thing up.
"I do not think we are facing any kind of a crisis," stated Frank.
When the scandals began to engulf Fannie Mae and Freddie Mac sending them spiraling down the tubes, Frank reacted with a comment that is enough to make one's head spin.
In the same article, Frank noted, "I think Wall Street will get over it if the two collapsed."
Oh, and where was Obama? In his short term in Congress, Obama has raked in more Fannie Mae donations than any other member of Congress in 20 years except Dodd. Obama has sought the campaign advice of two former Fannie Mae CEOs who took money based on the "purposely obscured" accounting documented by the audit report. Obama has bundlers and advisers from the collapsed institution sprinkled over his campaign like sugar over cookies.
Where was John McCain? In 2005, Sen. McCain proposed legislation that could have prevented this whole mess to reform Fannie and Freddie.
McCain's legislation was defeated by Dodd and the Senate Democrats. Since then Dodd along with Democrat Sens. Obama, John Kerry, and Hillary Clinton - the top four recipients of Fannie and Freddie campaign contributions from 1988 to 2008 - actively opposed any reform measures and supported weakening existing regulations.
So while the mass media spins it all George Bush's fault, the very same people who oversaw the disaster at Fannie Mae and Freddie Mac are now in charge of the rescue effort.
*Since the Republican convention, demand for the stylish $375 Kazuo Kawasaki eyeglasses worn by Sarah Palin has quadrupled. Italee Optics, which manufactures the glasses, has added shifts and is working around the clock to keep up with the flood of back orders. - WSJ
*In the 34 states that will allow early voting this year, close to 30 percent of the votes will have been cast before November 4. In at least five states, a majority of the votes will be cast early, including in the swing states of New Mexico and Nevada. - Newsweek
*If Americans could vote to keep or replace the entire U.S. Congress, 59% say they would like to throw out all members of the House and Senate and start over. Only 23% have any confidence that Congress is capable of dealing with the nation's economic problems. - Rasmussen
*Delaware Sen. Joe Biden has done nearly 100 press interviews since being tapped as Barack Obama's running mate on August 23. Alaska Gov. Sarah Palin, picked as John McCain's running mate a week later, has done three. - CNN.com
*The word most often uttered by speakers during this year's Democratic convention was "change" --- used an average of 89 times a day --- followed by "McCain" (78) and "energy" (49). At the 2004 Democratic convention, the most common words were "health care" (47) and "jobs" (42). "Change" was invoked just 11 times. -New York Times
eLwood- the statistics re judicial appointments was courtesy of a March 14, 2008 article in USA Today (appointment stats at end of story) in an article sadly titled: "Bush's conservatism to live long in the U.S. courts". Blue name.
Listen strangeglove that's about the 10th time you've posted that 1999 article, Ok we red it and ok it still don't mean dippsie doodle, I guess w's 8 years in office was a free pass and 4 years of republican congressional majority as well, you shoulda sent them the article back in 2000, they'd fixed it, ya betcha!
Ok, then tell me how Bush was responsible for lending institutions making bad loans to deadbeats? How was Bush responsible for the lack of oversight for Fannie and Freddie? Who was responsible for oversight of Fannie and Freddie? Answer that. You obviously don't like anyone who doesn't walk lockstep with you in your 'thinking'.
strange- use links, please. Otherwise we may think you're the mental equivalent of Mooseguts Palin. Any 1st grader can cut and paste.
Somebody else posted this link today on an earlier thread. strange won't read this article since it reflects badly on his side. I mean, corrupt Republicans? In Washington, D.C.? That can't be true.
strange, I don't buy your no vote, non-partisan act.
THANKS STRANGLOVE, YOU CAN CUT N PASTE ALL YOU WANT. THEY DONT WANT TO HEAR THE TRUTH. AND WHAT YOU POSTED IS THE GOSPEL TRUTH ACCORDING TO THE CONGRESSIONAL HEARINGS. GUESS THEY DONT COUNT FOR SOME OF THE MORONIC MINIONS. DBI, JAZZY QUEEN, KIZZY LOO, AND CICI. THEY CANNOT STAND THE TRUTH, EVEN POSTED BY THE NYT. NOW ON THE LIBERAL OUTHOUSE LEFT WING OF THE POPULOUS.
THE VILLAGE IDIOTS ARE ANOTHER MATTER. JAZZY. HOW MUCH THOU DOTH PROTEST. MUST BE TRUE STUFF AS I SAID. AND BY THE WAY..DONT MAKE ALL THOSE VILLAGE PEOPLE LOOK BAD LIKE YOU DID. GOT A MIGHTY FINE FRIEND DOWN THAT WAY. FIRST CLASS . SOMETHING YOU WOULDNT RECOGNIZE IF IT TOOK YOUR ORDER.
BTW. I DO A LOT OF THINGS I DONT BRAG ABOUT. LET THE LORD TOOT YOUR HORN. IT S MUCH BETTER THAT WAY.. WHO CARES WHAT YOU DO..I DONT. NO ONE CARES WHAT I DO FOR PEOPLE. TIS TWEEN ME N MY LORD. PERIOD.
AND ALL YOU FREAKIN FRUITCAKES .. STFU ABOUT WHO AND WHY SOMEONE DID SOMETHING TO THAT PRECIOUS ANNE PRESSLY.. SHE NEEDS PRAYERS. NOT WHINEY BITCHIN FROM SOME OLD FARTS AND TARTS FOR HER GET WELL PERIOD.. SHOOT A FEW UP TO THE BIG MAN FOR HER. SHE NEEDS ALL THE PRAYIN SHE CAN GET. DO SOMETHING POSITIVE FOR A CHANGE. YOU DONT HAVE TO THANK ME FOR REMINDING YOU WHAT THE PRIORITIES ARE.. ITS OK.. NOW YOU KNOW. JUST DO IT NIKE
P.S.
WHOAA NORMAN, BEEN TOO BUSY WITH YOUR JET SETTIN SOCIAL SCHEDULE TO SEE THE NEWS OR READ A REAL PAPER. HAVENT YOU SEEN THE ACORN SIGNATOREES AND THEIR FIRED ONES ON THE NEWS , BEING INTERVIEWED. 73 TIMES REGISTER AND VOTE. THOUSANDS BUSSED INTO THE OHIO LANDS AND OTHER SWING STATES. TO LODGE WITH ESTABLISHED ACORN MEMBERS, THEN , OFF TO REGISTER AND VOTE FROM THAT SAME "ITS OUR HOME ADDRESS" LOCATION.. VOTE, STAY A FEW DAYS, AND THEN BUS EM BACK TO WHERE THEY CAME FROM. AND FOR JUST MEAGER FEW PIECES OF SILVER. A CIGGIE HERE, A CIGGIE THERE, A BUCK HERE, A BOTTLE THERE. GOOD WAGES. CHEAP PRICES FOR CHEAP OPERATORS WITH CHEAP DOINS.
HELL YOU CANT MAKE THIS SHIT UP.
OPEN YOUR CLOSET LOGGED EYES AND PAY ATTENTION.. THEY ARE HELPING YOUR CANDIDATE BARACK HUSSIEN OBAMA ILLEGALLY GARNER VOTES TO STEAL THIS ELECTION. BRAZEN I RECKON. THIS THE CHANGE YOU ALL PROPOSE FOR ALL US ONES THAT WORK AND ARE TOLD TO SPREAD. (WELL I GUESS, CAUSE THATS WHAT BARRY CALLS IT, SPREADIN THE WEALTH)
WHAT KIND OF SHOW ARE YOU RUNNING.
GUESS THIS IS WHAT YOU WANT TO TEACH THE CURRENT GENERATION AND THE ONES TO FOLLOW. STEAL AND YOU SHALL RECEIVE. (TAKE) DOIN A SWELL JOB. CONGRATS.
THIS KINDA STUFF JUST ALWAYS RETURNS TO BITE YOU IN THE BUTT, JUST HIDE N WAIT. IT'LL COME. YOU OUGHT TO BE ASHAMED.. LYING LIKE A RUG. , BUT RUGS, UNLESS THEY ARE NAILED DOWN, TEND TO MOVE AROUND AND GET SETTLED IN JUST ANY OLD WAY. SHOWIN THE DIRT SWEPT UNDERNEATH, AT THE MOST INOPPORTUNE TIMES. . LIKE LIES. YA KNOW.. SURE YOU DO..
WE CAN WAIT , WE'VE GOT TIME. ITS COMIN. TRUST ME ON THIS.. I AM NOT YOUR DOCTOR.
With all the hoorah about how little profit the gas station owner makes, how do you get $2.27 gas at a station in NLR (according to the radio this AM) and at least $2.54 everywhere else? Its not like you can make up a $5 loss on each customer by selling the customer an extra bag of chips and a coke . . .
Strangelove:" Ok, then tell me how Bush was responsible for lending institutions making bad loans to deadbeats?"
It's like this, strangelove.
Suppose there's a commanding officer of a ship. If things are wrong with that ship and its crew when he takes over, but he does nothing to correct the problems,
I might listen for a day or so to his whining about the problems.
But if they go on for over a week, I've lost patience, and I'm ready to see him removed.
Normally, cato, I'm all for being included in a gang that includes 'DBI, JAZZY QUEEN, KIZZY LOO, AND CICI'...but knowing my name ain't slithering around FATASS' empty head is, well, nice...kinda like knowing the town pervert ain't thinkin' of ya naked.
Oh yeah...got my homemade Obama signs up...decided to bring em in every night...saves me some time/trouble. I've only seen one Obama sign in Conway (but I don't make it around town as much as stick to my regular trails) and it was a big homemade wooden sign. There are lots of McSame signs stuck everywhere. Everyone I get my hands on I'm turning into an Obama sign.
LOL! I scanned Strange's post and saw it was just a puke up of the same old, same old, and tho I had a response, I didn't waste my time - I went to bed like a good girl. STILL got in trouble with LA. Someone please tell Strange that exotic, risky home mortgages were PUSHED by lenders because they made multiple times the money on those risky transactions. When they saw it was possible to pay themselves 35 mil annually rather than 1 mil or less, they were hooked. Many of the unfortunate borrowers who ended up with those destructive loans actually QUALIFIED for regular mortgages - but there's not as much profit for lenders in regular mortgages. This implosion can't be blamed on wanting more people to own their own homes - the blame lies squarely with the greed of the financiers, the laze fair governance of Republicans, Democrats with their heads buried in the sand and too low interest rates from the fed.
"Normally, cato, I'm all for being included in a gang that includes 'DBI, JAZZY QUEEN, KIZZY LOO, AND CICI'...but knowing my name ain't slithering around FATASS' empty head is, well, nice...kinda like knowing the town pervert ain't thinkin' of ya naked. "
Zelda, this has to be the best post of this thread.
One more time around
Date: 11/5/2009
By:
Gerard Matthews
You may remember the huge Freedom From Religion Foundation-sponsored billboard that stood over the Main Street Bridge in North Little Rock last winter.
/more/
More preachin' in school
Date: 11/5/2009
By:
Arkansas Times Staff
Two weeks ago, it was North Little Rock High School, which promoted a Christian event in that city with posters and banners on the east campus.
/more/
Lincoln's lifeline
Date: 11/5/2009
By:
Arkansas Times Staff
As the crucial roll call on health-care reform approaches, Sen. Blanche Lincoln's course has been made clear for her.
/more/
Comments
OK. The deed is done. Me 'n mama drove to Fayetteville to cast our votes, because we're skeered to leave them in the hands of the poll workers in Repugnikunville. Lots of folks there. Many of 'em were even dark skinned people.
A good sign.
Posted by: RickBaber
|
October 20, 2008 06:36 PM
....New Wine for Seniors
California vintners in the Napa Valley area, which primarily produce Pinot Blanc, Pinot Noir and Pinot Grigio wines, have developed a new hybrid grape that acts as an anti-diuretic.
It is expected to reduce the number of trips older people have to make to the bathroom during the night.
The new wine will be marketed as
PINO MORE
.
Posted by: eLwood
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October 20, 2008 06:37 PM
Dangit, that Doubletree Hotel ad is irritating me. Every time I log on I see that big chocolate chip cookie, and the cravings start up again.
Posted by: Kat Robinson
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October 20, 2008 07:25 PM
Adult education is a wonderful thing. Especially when certain parties try to shovel mountains of shiz on top of facts, to distract from and hide their own criminality.
Like this ACORN thing.
Confused about it? Uncertain of the truth? Of course you are. That's their point. Their end-game.
So you will be thrilled to find -- at clicky -- the facts.
Unfortunately, it requires actual reading because it's detailed, organized, reality-based and four pages long.
Fortunately, the article clarifies exactly what's going down. (Please, no more salacious discussions of my gender / orientation, like last week. It's obvious to everybody, except one or two confused "latents", by now that I'm a well-connected gal who does indeed know from going down.)
Forward the link to friends. Especially those chirping the Republican line about ACORN.
They won't read it anyway, but at least you might reboot a synapse or two.
You're welcome.
Posted by: NormaBates
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October 20, 2008 07:37 PM
Posted on an earlier thread (apologies):
"I think that the courts will end up even more in control by the democrats." strange
Total unadulterated baloney, but we're used to it from you. Here's the number of appointments:
Ronald Reagan (1981-1989)- 4 Supreme Court, 83 Appeals court & 290 trial courts
Bush 1 (1989-1993)- 2 Supreme Court, 42 Appeals court & 148 trial courts
Bill Clinton (1993-2001)- 2 Supreme Court, 66 Appeals court & 305 trial courts
Bush 2 'The Idiot' (2001-2009)- 2 Supreme Court, 57 Appeals court & 237 trial courts
I'll do the math for you, strange, covering the past almost 28 years:
Republican appointments- 8 Supreme Court, 182 Appeals court & 675 trial courts
Democrats- 2 Supreme Court, 66 Appeals court & 305 trial court
In total (not safe to let strange figure the totals):
Republicans- 80% of Supreme Court, 73.4% of Appeals court & 68.9% of trial court
Democrats- 20% of Supreme Court, 26.6% of Appeals court & 31.1% of trial court
That's some 'control', eh strange?
Posted by: Sound Policy
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October 20, 2008 07:51 PM
Hey, you shoulda learned a long time ago strange is not interested in facts.
NormaBates thanks for that here's one for you.
It's on bluename clicky
Wish we could get ads like that in Arkansas.
Posted by: eLwood
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October 20, 2008 08:03 PM
I meant to add a big THANK YOU for the work Sound Policy. Will spread it around.
Got a source you used?
Posted by: eLwood
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October 20, 2008 08:10 PM
Oh, yeah. I forgot.
You have until voting closes Nov. 4th to get your captions posted at clicky.
So far, CammackLife is the winner!
Wait: he's the ONLY entry.
The FUN part? YOU get to vote on the best caption! Your votes will be tallied Nov. 5th and the winner will receive a fabulous walnut-and-brass plaque in the shape of the State of Arkansas! You know: like the ones given out at all those fund-raisers in Soiree and Inviting Arkansas?
Yes, for REALZ! (Voting cutoff: midnight Nov. 5th.)
It will be awarded to your Screen Name, from the Arkansas Times and me personally! Imagine the lifetime of thrills and pride as generations of friends and family gather 'round to stare at your prize-winning plaque on your wall!
(Of COURSE I'm paying for it. Do you understand how TIGHT Max is?)
Best part? To preserve your anonymity, the winner will email Max the shipping address for the magnificent plaque, so NOBODY else will ever know!
One entry per screen name, so give it your best shot!
Good luck!
Can't win if you're not in!
Posted by: NormaBates
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October 20, 2008 08:18 PM
Sound Policy --
Bull's eye! Forwarded to over 100 contacts.
Gracias.
Posted by: NormaBates
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October 20, 2008 08:27 PM
LARGEASSHOLE...RE LAST NIGHTS POST....I DID NOT INSULT GAYS, MEXICANS, OR ANYONE
ELSE.
DID YOU EVER HEAR OF HOT SPRINGS VILLAGE?? NORTH OF HERE, LOTS OF PEOPLE FROM THE
MID-WEST.....WE CALL THEM THE VILLAGE PEOPLE, THEY CALL THEMSELVES VILLAGE PEOPLE....
THEY COME HERE TO SHOP, CLOG UP THE STREETS.
WE ARE BETWEEN VERY RICH AND VERY POOR MEXICANS, WHO WE HELP AND BABY SIT FOR WHEN
NEEDED........WHAT DO YOU DO FOR PEOPLE IN NEED?????????????
THANK YOU
Posted by: jazzy
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October 20, 2008 08:32 PM
You're a wee bit early jazzy. LARGEASSHOLE's Little Debbie shift usually lets out around 10:-11: pm
then LAH must snort up a couple of pounds of LD cupcakes before coming here.
Y'betcha!
.
Posted by: eLwood
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October 20, 2008 08:43 PM
Jim Lendall posted this over at Damsel in Distress....so pardon me Jim while I double your coverage on the FOUR PERSON PRESIDENTIAL DEBATE:
"The last O-Mc debate left out much substance. Democracynow.org allowed two other Presidential candidates Green Party Christine McKinney and Independent Nader to respond to the same questions that were posed to the corporate candidates, O and Mc. Scroll down the transcript of the debate to see their responses.
Jim is all clicky...and it's worth it too!
.
Posted by: eLwood
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October 20, 2008 08:53 PM
I know I'm early, elwood, but wanted to get it in in case I turn in early tonight.
Want to be rested, on fire, sassy and full of piss and vinegar to go vote for Big O tomorrow.
Can't wait for LARGEASSHOLE to work off his shift,,,,have to speak my mind when the
spirit moves me..............
Someone give an AMEN!!!!!!!!!!!!!!!
Posted by: jazzy
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October 20, 2008 08:56 PM
Just in from Reuters comes the news that Senator Obama is flying to Hawaii to visit his grandmother, whose health is deteriorating. At this point he expects to be back on the campaign trail this Saturday.
Posted by: Silver Bells
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October 20, 2008 09:02 PM
" Every time I log on I see that big chocolate chip cookie, and the cravings start up again."
Are you sure, Kat, it's not that big "erectile dysfunction" ad that got those cravings astirred...again?
Posted by: Cato
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October 20, 2008 09:19 PM
Jazzy, here's your AMEN.
And let's all wish Obama's grandmother a speedy recovery. I can't wait for her to see her grandson elected as POTUS.
Posted by: kizzy
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October 20, 2008 09:20 PM
I think she's close to passing on, kizzy, which would be why he is flying out so suddenly. I think he has one more rally in Indianapolis. Michelle will carry on in his place to some extent at one or two rallies.
Posted by: Silver Bells
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October 20, 2008 09:24 PM
Thank you sister Kizzy................
safe travel to Barry, to and fro
wonderful grandson........hope she lives to see him sworn in as President of the US
on Jan. 20, 2009.
Do I hear another AMEN????????????????
Posted by: jazzy
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October 20, 2008 09:32 PM
Here are some FACTS that the people of the left don't seemed to be interested in. It is from the NY TIMES:
September 30, 1999
Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program b! y next spring.
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.
''F! annie M ae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''
Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic tim! es. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.
''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''
Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or he! r month ly payments on time for two years, the one percentage point premium is dropped.
Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.
Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.
Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.
In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.
Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.
In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.
The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.
Posted by: strangelove
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October 20, 2008 09:37 PM
Here is another FACT that most of you will not want to read---if you do.
Tuesday, September 30, 2008 3:07 PM
By: Charles R. Smith
One does not have to look very far to find the root cause of our current financial dilemma.
Despite the partisan political spin that it's "all George Bush's fault," the facts were well documented in 2006 by the audit report of the Office of Federal Housing Enterprise Oversight (OFHEO).
It is the failure of the mainstream media to kick the spin and put out the facts before the American people.
According to the auditors, "During the period covered by this report - 1998 to mid-2004 - Fannie Mae reported extremely smooth profit growth and hit announced targets for earnings per share precisely each quarter. Those achievements were illusions deliberately and systematically created by the Enterprise's senior management with the aid of inappropriate accounting and improper earnings management."
The audit report is specific - telling why the Fannie Mae folks inflated their books and who was responsible for the systematic mirrors and smoke game to inflate earnings.
"By deliberately and intentionally manipulating accounting to hit earnings targets, senior management maximized the bonuses and other executive compensation they received, at the expense of shareholders. Earnings management made a significant contribution to the compensation of Fannie Mae Chairman and CEO Franklin Raines, which totaled over $90 million from 1998 through 2003. Of that total, over $52 million was directly tied to achieving earnings per share targets."
So while Franklin Raines, currently adviser to Senator Obama, walks free with millions in his pockets, homeowners and taxpayers all over America are paying the price of his failed leadership.
How did this happen? The answer again comes from the audit report: Basically, the management at Fannie Mae hid the payouts from public view.
"Enterprise executives purposely obscured their official disclosures of executive compensation and failed to provide complete information on the post-employment compensation awarded to former CEOs," noted the audit report.
The whole story, as documented by the audit report, goes from one tale of falsehoods followed by another chapter on cover-ups.
"Fannie Mae senior management achieved those earnings targets by regularly manipulating earnings," notes the report.
"During the period covered by this report, Fannie Mae senior management systematically withheld information about the Enterprise's operations and financial condition from the board of directors, its committees, its external auditors, OFHEO, the Congress, and the public, or disclosed information that was incomplete, inaccurate, or misleading," states the audit report.
While the books looked great - good enough to pay out millions to Raines and others at Fannie Mae - the facts behind the scenes pointed to a crumbling empire ready to collapse.
"Fannie Mae consistently took a significant amount of interest rate risk and, when interest rates fell in 2002, incurred billions of dollars in economic losses," states the report.
Worse still, when it appeared the cover-ups were failing and the auditors were closing in on the truth, the executives at Fannie Mae combined forces with Democrats in Congress to try to replace the auditors.
"Fannie Mae senior management sought to interfere with OFHEO's special examination by directing the Enterprise's lobbyists to use their ties to Congressional staff to 1) generate a Congressional request for the Inspector General of the Department of Housing and Urban Development (HUD) to investigate OFHEO's conduct of that examination and 2) insert into an appropriations bill language that would reduce the agency's appropriations until the Director of OFHEO was replaced," noted the report.
So who helped out the Fannie executives?
In 2007, Sen. Dodd, D-Conn., the chairman of the Senate Banking, Housing and Urban Affairs Committee, called on Fannie Mae and Freddie Mac's regulators to lift the portfolio caps. He argued that allowing the two firms to buy more subprime mortgages, at least temporarily, would inject much needed liquidity into the market and calm the financial markets. Of course, that was like offering heroin to an addict.
Sen. Dodd called Bush's proposed stronger regulations on Fannie Mae "inane" and recommended the president "Immediately reconsider his ill-advised" proposals."
In 2000, when Republicans introduced a reform act for Fannie, Rep. Frank dismissed the bill, saying concerns were "overblown" and that there was "no federal liability there whatsoever."
In 2002, as alarm bells were ringing, Frank dismissed them with "I do not regard Fannie Mae and Freddie Mac as problems," according to a Sept. 10 Wall Street Journal article.
When the accounting scandal finally broke open, Rep. Frank acted quickly . . . to cover the whole thing up.
"I do not think we are facing any kind of a crisis," stated Frank.
When the scandals began to engulf Fannie Mae and Freddie Mac sending them spiraling down the tubes, Frank reacted with a comment that is enough to make one's head spin.
In the same article, Frank noted, "I think Wall Street will get over it if the two collapsed."
Oh, and where was Obama? In his short term in Congress, Obama has raked in more Fannie Mae donations than any other member of Congress in 20 years except Dodd. Obama has sought the campaign advice of two former Fannie Mae CEOs who took money based on the "purposely obscured" accounting documented by the audit report. Obama has bundlers and advisers from the collapsed institution sprinkled over his campaign like sugar over cookies.
Where was John McCain? In 2005, Sen. McCain proposed legislation that could have prevented this whole mess to reform Fannie and Freddie.
McCain's legislation was defeated by Dodd and the Senate Democrats. Since then Dodd along with Democrat Sens. Obama, John Kerry, and Hillary Clinton - the top four recipients of Fannie and Freddie campaign contributions from 1988 to 2008 - actively opposed any reform measures and supported weakening existing regulations.
So while the mass media spins it all George Bush's fault, the very same people who oversaw the disaster at Fannie Mae and Freddie Mac are now in charge of the rescue effort.
Posted by: strangelove
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October 20, 2008 09:40 PM
strange..........you're right.........not interested.
Posted by: jazzy
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October 20, 2008 09:42 PM
I guess this is the given for the remainder of election season: multiple orgasms.
Only the other women here will fully understand this. Because, with most men, it's one shot and snooze.
But with this historic upcoming election, they just keep coming.
Fabulous articles, I'm talking about.
This one, at clicky, is the best I've EVER read for insights into McCain and Obama.
It's by John P. Briggs, M.D., whose credentials you can read at the end of this lengthy (but one-page) analysis of the candidates.
Pass it on, Hogs.
Posted by: NormaBates
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October 20, 2008 09:43 PM
TIDBITS
*Since the Republican convention, demand for the stylish $375 Kazuo Kawasaki eyeglasses worn by Sarah Palin has quadrupled. Italee Optics, which manufactures the glasses, has added shifts and is working around the clock to keep up with the flood of back orders. - WSJ
*In the 34 states that will allow early voting this year, close to 30 percent of the votes will have been cast before November 4. In at least five states, a majority of the votes will be cast early, including in the swing states of New Mexico and Nevada. - Newsweek
*If Americans could vote to keep or replace the entire U.S. Congress, 59% say they would like to throw out all members of the House and Senate and start over. Only 23% have any confidence that Congress is capable of dealing with the nation's economic problems. - Rasmussen
*Delaware Sen. Joe Biden has done nearly 100 press interviews since being tapped as Barack Obama's running mate on August 23. Alaska Gov. Sarah Palin, picked as John McCain's running mate a week later, has done three. - CNN.com
*The word most often uttered by speakers during this year's Democratic convention was "change" --- used an average of 89 times a day --- followed by "McCain" (78) and "energy" (49). At the 2004 Democratic convention, the most common words were "health care" (47) and "jobs" (42). "Change" was invoked just 11 times. -New York Times
Posted by: durangokid
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October 20, 2008 09:47 PM
Did anyone see the referee (umpire) take out the South Carolina quarterback in the USC vs. LSU game Saturday?
Posted by: Catfish Eater
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October 20, 2008 10:04 PM
Interesting piece on McCain ties to Putin. All about dollars, it would appear.
Posted by: sellercreek
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October 20, 2008 10:20 PM
What are the odds on the Pulaski County Judge election? Is buddy boy going to get booted?
Posted by: strangelove
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October 20, 2008 10:20 PM
eLwood- the statistics re judicial appointments was courtesy of a March 14, 2008 article in USA Today (appointment stats at end of story) in an article sadly titled: "Bush's conservatism to live long in the U.S. courts". Blue name.
Posted by: Sound Policy
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October 20, 2008 10:32 PM
Listen strangeglove that's about the 10th time you've posted that 1999 article, Ok we red it and ok it still don't mean dippsie doodle, I guess w's 8 years in office was a free pass and 4 years of republican congressional majority as well, you shoulda sent them the article back in 2000, they'd fixed it, ya betcha!
Posted by: ArkansawTravler
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October 20, 2008 10:50 PM
Ok, then tell me how Bush was responsible for lending institutions making bad loans to deadbeats? How was Bush responsible for the lack of oversight for Fannie and Freddie? Who was responsible for oversight of Fannie and Freddie? Answer that. You obviously don't like anyone who doesn't walk lockstep with you in your 'thinking'.
Posted by: strangelove
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October 20, 2008 10:56 PM
strange- use links, please. Otherwise we may think you're the mental equivalent of Mooseguts Palin. Any 1st grader can cut and paste.
Somebody else posted this link today on an earlier thread. strange won't read this article since it reflects badly on his side. I mean, corrupt Republicans? In Washington, D.C.? That can't be true.
strange, I don't buy your no vote, non-partisan act.
Posted by: Sound Policy
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October 20, 2008 10:59 PM
Cato, at eight months, the only cravings that really get stirred any more involve things with mucho calories. Sad but true!
Posted by: Kat Robinson
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October 20, 2008 11:11 PM
This just in!
"Palin breaks with McCain on gay marriage amendment - Calls Senator 'that old queen' " *
Clicky clicky.
*OK, so I embellished a bit. It was just too priceless a J.-Edgar-Hoover image.
Posted by: Neuroglider
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October 20, 2008 11:40 PM
THANKS STRANGLOVE, YOU CAN CUT N PASTE ALL YOU WANT. THEY DONT WANT TO HEAR THE TRUTH. AND WHAT YOU POSTED IS THE GOSPEL TRUTH ACCORDING TO THE CONGRESSIONAL HEARINGS. GUESS THEY DONT COUNT FOR SOME OF THE MORONIC MINIONS. DBI, JAZZY QUEEN, KIZZY LOO, AND CICI. THEY CANNOT STAND THE TRUTH, EVEN POSTED BY THE NYT. NOW ON THE LIBERAL OUTHOUSE LEFT WING OF THE POPULOUS.
THE VILLAGE IDIOTS ARE ANOTHER MATTER. JAZZY. HOW MUCH THOU DOTH PROTEST. MUST BE TRUE STUFF AS I SAID. AND BY THE WAY..DONT MAKE ALL THOSE VILLAGE PEOPLE LOOK BAD LIKE YOU DID. GOT A MIGHTY FINE FRIEND DOWN THAT WAY. FIRST CLASS . SOMETHING YOU WOULDNT RECOGNIZE IF IT TOOK YOUR ORDER.
BTW. I DO A LOT OF THINGS I DONT BRAG ABOUT. LET THE LORD TOOT YOUR HORN. IT S MUCH BETTER THAT WAY.. WHO CARES WHAT YOU DO..I DONT. NO ONE CARES WHAT I DO FOR PEOPLE. TIS TWEEN ME N MY LORD. PERIOD.
AND ALL YOU FREAKIN FRUITCAKES .. STFU ABOUT WHO AND WHY SOMEONE DID SOMETHING TO THAT PRECIOUS ANNE PRESSLY.. SHE NEEDS PRAYERS. NOT WHINEY BITCHIN FROM SOME OLD FARTS AND TARTS FOR HER GET WELL PERIOD.. SHOOT A FEW UP TO THE BIG MAN FOR HER. SHE NEEDS ALL THE PRAYIN SHE CAN GET. DO SOMETHING POSITIVE FOR A CHANGE. YOU DONT HAVE TO THANK ME FOR REMINDING YOU WHAT THE PRIORITIES ARE.. ITS OK.. NOW YOU KNOW. JUST DO IT NIKE
Posted by: LargeAss
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October 21, 2008 01:29 AM
P.S.
WHOAA NORMAN, BEEN TOO BUSY WITH YOUR JET SETTIN SOCIAL SCHEDULE TO SEE THE NEWS OR READ A REAL PAPER. HAVENT YOU SEEN THE ACORN SIGNATOREES AND THEIR FIRED ONES ON THE NEWS , BEING INTERVIEWED. 73 TIMES REGISTER AND VOTE. THOUSANDS BUSSED INTO THE OHIO LANDS AND OTHER SWING STATES. TO LODGE WITH ESTABLISHED ACORN MEMBERS, THEN , OFF TO REGISTER AND VOTE FROM THAT SAME "ITS OUR HOME ADDRESS" LOCATION.. VOTE, STAY A FEW DAYS, AND THEN BUS EM BACK TO WHERE THEY CAME FROM. AND FOR JUST MEAGER FEW PIECES OF SILVER. A CIGGIE HERE, A CIGGIE THERE, A BUCK HERE, A BOTTLE THERE. GOOD WAGES. CHEAP PRICES FOR CHEAP OPERATORS WITH CHEAP DOINS.
HELL YOU CANT MAKE THIS SHIT UP.
OPEN YOUR CLOSET LOGGED EYES AND PAY ATTENTION.. THEY ARE HELPING YOUR CANDIDATE BARACK HUSSIEN OBAMA ILLEGALLY GARNER VOTES TO STEAL THIS ELECTION. BRAZEN I RECKON. THIS THE CHANGE YOU ALL PROPOSE FOR ALL US ONES THAT WORK AND ARE TOLD TO SPREAD. (WELL I GUESS, CAUSE THATS WHAT BARRY CALLS IT, SPREADIN THE WEALTH)
WHAT KIND OF SHOW ARE YOU RUNNING.
GUESS THIS IS WHAT YOU WANT TO TEACH THE CURRENT GENERATION AND THE ONES TO FOLLOW. STEAL AND YOU SHALL RECEIVE. (TAKE) DOIN A SWELL JOB. CONGRATS.
THIS KINDA STUFF JUST ALWAYS RETURNS TO BITE YOU IN THE BUTT, JUST HIDE N WAIT. IT'LL COME. YOU OUGHT TO BE ASHAMED.. LYING LIKE A RUG. , BUT RUGS, UNLESS THEY ARE NAILED DOWN, TEND TO MOVE AROUND AND GET SETTLED IN JUST ANY OLD WAY. SHOWIN THE DIRT SWEPT UNDERNEATH, AT THE MOST INOPPORTUNE TIMES. . LIKE LIES. YA KNOW.. SURE YOU DO..
WE CAN WAIT , WE'VE GOT TIME. ITS COMIN. TRUST ME ON THIS.. I AM NOT YOUR DOCTOR.
Posted by: LargeAss
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October 21, 2008 01:52 AM
That's right Large Ass because none of it's the truth and strange knows it.
We all know it. There has been an audit and a report. But it doesn't say what strange wants it to state.
As for you , you're to friggin dumb to figure it out.
.
Posted by: eLwood
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October 21, 2008 02:37 AM
With all the hoorah about how little profit the gas station owner makes, how do you get $2.27 gas at a station in NLR (according to the radio this AM) and at least $2.54 everywhere else? Its not like you can make up a $5 loss on each customer by selling the customer an extra bag of chips and a coke . . .
Posted by: Don Keyhotay
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October 21, 2008 06:28 AM
Strangelove:" Ok, then tell me how Bush was responsible for lending institutions making bad loans to deadbeats?"
It's like this, strangelove.
Suppose there's a commanding officer of a ship. If things are wrong with that ship and its crew when he takes over, but he does nothing to correct the problems,
I might listen for a day or so to his whining about the problems.
But if they go on for over a week, I've lost patience, and I'm ready to see him removed.
He's the COMMANDING OFFICER, after all.
Posted by: MuddlingThrough
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October 21, 2008 06:53 AM
All I can say, LargeAss, is that you hurt my feelings leaving off your "people I luv best here" list.
Posted by: Cato
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October 21, 2008 08:26 AM
Normally, cato, I'm all for being included in a gang that includes 'DBI, JAZZY QUEEN, KIZZY LOO, AND CICI'...but knowing my name ain't slithering around FATASS' empty head is, well, nice...kinda like knowing the town pervert ain't thinkin' of ya naked.
Posted by: zelda
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October 21, 2008 08:40 AM
Oh yeah...got my homemade Obama signs up...decided to bring em in every night...saves me some time/trouble. I've only seen one Obama sign in Conway (but I don't make it around town as much as stick to my regular trails) and it was a big homemade wooden sign. There are lots of McSame signs stuck everywhere. Everyone I get my hands on I'm turning into an Obama sign.
Posted by: zelda
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October 21, 2008 08:48 AM
LOL! I scanned Strange's post and saw it was just a puke up of the same old, same old, and tho I had a response, I didn't waste my time - I went to bed like a good girl. STILL got in trouble with LA. Someone please tell Strange that exotic, risky home mortgages were PUSHED by lenders because they made multiple times the money on those risky transactions. When they saw it was possible to pay themselves 35 mil annually rather than 1 mil or less, they were hooked. Many of the unfortunate borrowers who ended up with those destructive loans actually QUALIFIED for regular mortgages - but there's not as much profit for lenders in regular mortgages. This implosion can't be blamed on wanting more people to own their own homes - the blame lies squarely with the greed of the financiers, the laze fair governance of Republicans, Democrats with their heads buried in the sand and too low interest rates from the fed.
Posted by: Ci.Ci
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October 21, 2008 10:02 AM
"Normally, cato, I'm all for being included in a gang that includes 'DBI, JAZZY QUEEN, KIZZY LOO, AND CICI'...but knowing my name ain't slithering around FATASS' empty head is, well, nice...kinda like knowing the town pervert ain't thinkin' of ya naked. "
Zelda, this has to be the best post of this thread.
Posted by: Kat Robinson
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October 21, 2008 12:20 PM
In my opinion, Zelda, Vic Harville hit a home run with his . . . Click
Posted by: docholliday
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October 21, 2008 11:10 PM