Sep 1, 2008

Archived Postings for September 2008

Oh yeah, old Fred Flinstone is busy posting his Rants-and-Raves.


Blogging, it's now an American Icon!





CLOSED for Posting - Please POST to the Current Month - These are for Read Only ....
The following are archived postings for the Month of September 2008.
I have decided to continue to archive these postings monthly.
I kept these because this was the first month of people supporting this NEW alternative to craigslist.org Rants and Raves.

901 comments:

«Oldest   ‹Older   801 – 901 of 901
Anonymous said...

re, Notice....

Ok, I'll crap here instead......
thank you very much.

Anonymous said...

re,re, Notice....

I am having BBQ Cat for diner.
It belongs to my ignorant neighbor.
Tasty animals they are, just cook'em up and just some BBQ sauce.

Anonymous said...

re, re, re, Notice....

I hate all you Mexican Fuctards.

Anonymous said...

re - re, Notice -

I will fart where I want, when I want, I rule this board.

Anonymous said...

Picked up this mexican street whore, took her out by the canal...
gave her a facial,
piss on her back,
and shit on her feet.

Anonymous said...

I have Insane Pussy.

Anonymous said...

.............YOU Can't handle the truth.


Now eat shit and die.

Anonymous said...

re, amazing what ten dollars will get you.....


that was really funny.

Anonymous said...

re, NJ SLUT GIRL -

New Jersey is full of whores and sluts, so what are you offering besides STD's that's so different?

Anonymous said...

I say wrap these Illegals in a Mexican Flag, poor gasoline on it, and set it on fire.

Video tape it and send it to all the news media to play and put it on you-tube as a message that says .....

you are next

Anonymous said...

re, solving the Mexican / Illegal Problem:

I like it, but I think we should follow the Islamic way....
behead them.
Make a youtube video and post it to all the Islamic Terrorist sites!

Anonymous said...

He makes us all want to go to the ZOO and watch the monkeys.

Anonymous said...

Girls say I have the largest squirt of sperm ejection they have ever seen.

Are there any ladies in the Brooklyn NYC area that want a good sperm facial today?

Anonymous said...

Michelle Obama makes me want to go to my local zoo and shoot all the monkeys, regardless of the type or species.

Anonymous said...

re. Michelle Obama makes me....

I agree, except I want to shoot every Muslim on the planet.

Anonymous said...

re. re, Michelle Obama

makes me want to shoot every lawyer in America.

Anonymous said...

re. re,re, Michelle Obama

I disagree, she makes me horny.
Anyone got any nude pictures of this black bitch hottie?

Anonymous said...

Hey if the Dumb-O-Crats lose this election, what's net -

run a Mexican for office?

Anonymous said...

re. Michelle Obama-

Hey when in doubt, just Google It.
See if there are any nude pics of her, if so, post the link for the rest of us to see!

Anonymous said...

re - re. Michelle Obama:

nigga please STFU

Anonymous said...

DEAR MRS. J. HATHAWAY:

THANK YOU FOR YOUR RECENT ORDER FROM OUR SEX TOYS SHOP. YOU ASKED FOR THE LARGE RED VIBRATOR AS FEATURED ON OUR WALL DISPLAY. PLEASE SELECT ANOTHER ITEM. BECAUSE THAT IS OUR FIRE EXTINGUISHER.

Anonymous said...

t was back in 1836 on a hot and dusty western afternoon when our stagecoach was attacked by some wild and crazy Indians.We decided to head yonder through a steep canyon to avoid them.For two days we skedaddled away from those Indians,we lost a wheel on the wagon so I carved a new wheel out of a giant redwood tree stump. A month later we arrived to a camp in Oregon. A man on a horse from the Pony Express approached me and said "You got mail!" I was surprised to see that the envelope had my name on it,but an address somewhere in Wyoming.

Anonymous said...

I hope Global Warming is True, cuz I want to move to Alaska, and get away from all these dirty migger mexicans here in arizona.

Anonymous said...

I had to use my huband's computer the other day and I accidentally found his porn stash.

The fact that he has porn on his machine doesn't bother me, but the content was semi-disturbing. It was either:

-submission (woman tied up, nipple clamps, dominated, etc)
-anal

Seriously, A LOT of anal. I mean, a lot.

Anonymous said...

This is the second time in about 4 months that a PI or repo man has knocked on my door looking for a car that some one with a Mexican name has gotten with my address.
I then have to tell them I have been here for almost 2 years and I'm not this person. It's bad enough that I get phone calls from bill collectors that are for someone else. You cannot convince them that they are not here and that my last name is NOT Spanish in any form. Granted I now have a business phone number so it is pretty new. But my address is 2 years old.

Anonymous said...

The UFO's have arrived and the aliens are looking for specimens.

Anonymous said...

re, Anal Probe....

speaking of anal probes, I bought this butt plug at the local sex shot, it's too small, and they wont take it back.

Anonymous said...

One Pork Loin: $11
Other Spices and Essential Ingredients: $5
Bottle of Wine for your Bitch: $10

Cooking a dish named "Poke Me! Pork!" that came from a cookbook called "Get in the Kitchen, BITCHES!" : F-cking Priceless.

Anonymous said...

Cardinals suck

so do their fans!

Anonymous said...

Palin is hotter than Hillary. And Bill Clinton knows it. Who do you really think he is lusting for power??

Anonymous said...

.......What should I do?

Oh my, what should I do?

Anonymous said...

.... Ladies, please -

Hello from NYC

Anonymous said...

RE My Husband's Porn Stash .....

can you share it with me?

Anonymous said...

re, RE - My Husband's Porn Stash

hey if you fucked and sucked your hubby the way your suppose to he wouldn't be fantasizing about other women.

Anonymous said...

Lawmakers, White House agree on $700B bailout

Anonymous said...

You can pick your friends and you can pick your nose, but you can't pick your friend's nose.

Anonymous said...

had a thai bangkok girl last night, she never been with a home boy, i made her scream and beg like the tiny little whore she is

my big black cock rip her a new one

Anonymous said...

do Thai whore brothels!

see it on the Thailand Cartoon Network.

Anonymous said...

Bangkok has been named the "best leisure destination" in Asia-Pacific, and Phuket is ranked second by Horny Japanese readers of Business Traveller Asia Pacific Magazine in its Annual Travel Awards 2008 in Hong Kong.

Anonymous said...

I just farted and I want everybody here to know that the gas from my anus is making my eyes water.

Anonymous said...

OK, if the American economy fails, as so many of you are salivating for, what happens then? What becomes the dominant global currency afterward? The Euro, the Dinar? Think of the power adjustment and what it may bring to the world. Could this be exactly what the radical Muslim (Wahabist) movement has been hoping for? So many of you that hate America so fervently probably have not considered the potential alternatives. The grass is not always greener people.

Anonymous said...

I think it's time for good American folks to wake-up concerning whom their "enemies" really might be. Your enemy is domestic. Has been for sometime.

Anonymous said...

You're an asshole!

Anonymous said...

overflowing bad Kharma about Mexicans!

Anonymous said...

re, this board has ...

what's your point asshole?

Anonymous said...

5:38 am and I just had a bowel movement

I feel fresh and clean.

I just thought that you should know.

I know that you care.

Anonymous said...

In the latest chapter of the financial crisis, Citigroup will buy the banking operations of Wachovia Bank.

Anonymous said...

NEW YORK NY / Washington DC - In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the Federal Deposit Insurance Corp.

Citigroup will absorb up to $42 billion of losses from Wachovia's $312 billion loan portfolio, with the FDIC covering any remaining losses, the government agency said Monday. Citigroup also will issue $12 billion in preferred stock and warrants to the FDIC.

The deal greatly expands Citigroup's retail outlets and secures its place among the U.S. banking industry's Big Three, along with Bank of America Corp. and J.P. Morgan Chase & Co. But it comes at a cost Citigroup said Monday it will seek to sell $10 billion in common stock and slashed its quarterly dividend in half to 16 cents to shore up its capital position.

The agreement comes after a fevered weekend courtship in which Citigroup and Wells Fargo & Co. both were reportedly studying the books of Wachovia, which suffers from mounting losses linked to its ill-timed 2006 acquisition of mortgage lender Golden West Financial Corp.

Wachovia, like Washington Mutual Inc., which was seized by the federal government last week, was a big originator of option adjustable-rate mortgages, which offer very low introductory payments and let borrowers defer some interest payments until later years. Delinquencies and defaults on these types of mortgages have skyrocketed in recent months, causing big losses for the banks.

The FDIC asserted Monday that Wachovia did not fail, and that all depositors are protected and there will be no cost to the Deposit Insurance Fund.

Federal Reserve Chairman Ben Bernanke, in a statement Monday, said he supports the "timely actions" taken by the FDIC "which demonstrate our government's unwavering commitment to financial and economic stability."

Treasury Secretary Henry Paulson also welcomed the sale of Wachovia to Citigroup, saying it would "mitigate potential market disruptions." Paulson said he agreed with the FDIC and the Fed that a "failure of Wachovia would have posed a systemic risk" to the nation's financial system.

"As I have said before, in this period of market stress, we are committed to taking all actions necessary to protect our financial system and our economy," Paulson said.

As details of its takeover unfolded, Wachovia shares plunged 91 percent to 94 cents. The stock had closed Friday at $10, down 74 percent for the year.

Now that a deal for Wachovia is complete, the most troubled of the nation's largest financial institutions have been dealt with. However, the FDIC estimated there were 117 banks and thrifts in trouble during the second quarter, the highest level since 2003. And that number is likely to have increased during the third quarter.

With the acquisition of Wachovia, Citigroup has reclaimed its title as the biggest U.S. bank by total assets. Including Wachovia, the bank now has assets of $2.91 trillion, as of June 30. That could change, however, as Citigroup shrinks its balance sheet, a decision Chief Executive Vikram Pandit made in May to rid the bank's books of risky debt.

In terms of current market capitalization, Bank of America Corp. remains the largest U.S. bank, followed by JPMorgan Chase & Co. in second and Citigroup in third place.

Just a short time ago, Citigroup was under the scrutiny of investors who worried about the possibility of its collapse given its massive exposure to mortgage-backed securities. The New York-based bank has not turned a profit for three straight quarters, and lost a total of $17.4 billion during that period after writing down its assets by about $46 billion. That's the most write-downs of any U.S. bank.

But the government's proposed $700 billion bailout plan could prove to be the deal's silver lining.

While the plan broadly aims to prevent banks from profiting on the sale of troubled assets to the government, there is an exception made for assets acquired in a merger or buyout, or from companies that have filed for bankruptcy.

This detail could allow Citigroup to sell toxic mortgages and other assets it gained from Wachovia for a higher price than the bank actually paid for them.

The Wachovia deal caps a wave of unprecedented upheaval in the financial sector in the past six months that has redefined the banking industry, starting with the government-led forced sale of Bear Stearns Cos. to JPMorgan in March.

The failure of IndyMac Bancorp in July reignited investors' fears about the stability of the financial sector, which led to the eventual takeover of struggling mortgage lenders Fannie Mae and Freddie Mac.

Earlier this month, officials seized both Fannie and Freddie, temporarily putting them in a government conservatorship, replacing their chief executives and taking a financial stake in the mortgage finance companies.

After U.S. regulators made it clear that they would not bail out struggling investment bank Lehman Brothers Holdings Inc., rival Merrill Lynch & Co. arranged a hasty deal to be bought by Bank of America Corp. for $50 billion in stock.

Lehman Brothers was subsequently forced to declare bankruptcy, the largest ever in the United States. Investor concerns quickly turned to American International Group Inc., the nation's largest insurer. Staving off a failure that could have sent shock waves throughout the global markets, the federal government injected an $85 billion emergency loan into the insurer.

Just days later, the government seized Seattle-based Washington Mutual, marking the largest bank failure in U.S. history. WaMu's deposits and assets were acquired by JPMorgan for $1.9 billion.

These events have now culminated in extraordinary moves by the federal government to try to fix the financial crisis that began more than a year ago. Lawmakers are to vote Monday on an unpopular $700 billion plan to rescue troubled financial companies.

Wachovia's problems stem largely from its acquisition of mortgage lender Golden West Financial Corp. in 2006 for roughly $25 billion at the height of the nation's housing boom. With that purchase, Wachovia inherited a deteriorating $122 billion portfolio of Pick-A-Payment loans, Golden West's specialty, which let borrowers skip some payments.

This summer, Wachovia reported a $9.11 billion loss for the second quarter, announced plans to cut 11,350 jobs mostly in its mortgage business and slashed its dividend. Wachovia also boosted its provision for loan losses to $5.57 billion during the second quarter, up from $179 million in the year-ago period.

Anonymous said...

Bush says bailout is necessary to keep crisis from spreading.

Anonymous said...

Who wins, who loses under proposed bailout plan?

Financial industry a big winner in bailout proposal, but not so troubled homeowners.

WASHINGTON DC - The proposal to bail out U.S. financial markets to the tune of up to $700 billion creates a lot of potential short-term winners, as well as some losers.
Wall Street and the banking industry are perhaps the biggest winners. Scores of banks and other financial institutions faced with going under stand to gain a lifeline that should allow them to start making loans again.
Under the plan that congressional aide sought to put into final form Sunday, the Treasury Department can start buying up troubled mortgage-related securities now held by these institutions.
These securities are clogging balance sheets, leaving banks without the required capital to make new loans and putting the banks dangerously close to insolvency.
Banks not only have slowed lending to individuals and businesses, they have stopped making loans to each other. The rescue plan should help restore confidence to financial markets.
There are other winners, too, if the bailout works as intended: anyone soon trying to borrow money for cars, student loans, even to open new credit card accounts.
Top executives at troubled financial institutions, on the other hand, are in the losing column because the proposal would limit their compensation and rules out "golden parachutes."
Of course, these executives may take solace in knowing their jobs still exist.
Investors, including the millions of people who hold stock in their 401(k) and pension plans, should benefit. Failure to reach a deal over the weekend could have sent stock markets around the world tumbling on Monday.
Homeowners faced with foreclosure or those who have lost their homes get little help from the agreement. Nor will it help people whose houses are worth less than what they owe get refinancing or take out equity loans.
It would do little to halt the slide in home values that are one of the root causes of the current economic slowdown.
"It doesn't deal with the fundamental problems that gave rise to the problem or alleviate the credit crisis," said Peter Morici, an economist and business professor at the University of Maryland
Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke are potential winners.
In just a few months, they have remade Wall Street. If the plan helps to get the economy moving again, they may be remembered for having kept the financial crisis from spreading throughout the economy.
"When I see Hank Paulson and Ben Bernanke on TV, I see fear in their eyes. Like on a battlefield when people are shooting at you. I think they are afraid to say how serious the problem is for fear of making it worse," said Bruce Bartlett, an economist who was a Treasury official under the first President Bush.
Bartlett said the plan is flawed, yet the alternative of doing nothing could be catastrophic.
After the heavy dose of new regulation in the agreement, New York will have a hard time claiming it is the center of the financial universe. That title may have shifted to Washington.
If the plan stays together, Congress with approval ratings even lower than those of President Bush may be seen as having acted decisively at a time of national emergency.
Congressional leaders added new protections to the administration's original proposal. That was only three pages long and bestowed on the treasury secretary almost unfettered powers.
Instead, the agreement would divide the $700 billion up into as many as three installments, creates an oversight board to monitor the treasury secretary's actions and set up several major protections for taxpayers, including a provision putting taxpayers first in line to recover assets if a participating company fails.
The president, on the other hand, probably would get little credit for the deal. He allowed Paulson and Bernanke to do the heavy lifting. The only time he called all the players to the White House late Thursday afternoon the wheels almost came off the process entirely.
It's hard to tell which presidential candidate benefits the most from an agreement they tentatively endorsed Sunday, a little more than five weeks before the Nov. 4 election. Democrat Barack Obama and Republican John McCain each sought to claim some credit for the deal, even though they played active roles only over the past few days.
Hard economic times traditionally work against the party that holds the White House, and in recent polls Obama has inched ahead of McCain. Furthermore, there is widespread consumer resentment over being asked to bail out Wall Street and lawmakers have learned the proposal has not been popular with their constituents.
That may help Democrats in general. The strongest opposition to the original bailout plan came from House Republicans.
Lawmakers and presidential candidates alike are "trying to orchestrate everybody jumping off the cliff together," said Robert Shapiro, a consultant who was an economic adviser to President Clinton. "I think we'd have a different plan if we weren't five weeks out from the election."
And ordinary taxpayers?
Nothing that potentially adds $700 billion to the national debt already surging toward the $10 trillion mark can be considered a winner for those who foot the bills.
But lawmakers did put in taxpayer protections, including one to require that taxpayers be repaid in full for loans that go bad.
The package could even end up making money for taxpayers, supporters claimed.
But only if the loans and interest on them are repaid in full. Few expect that provision to be a winning proposition, however.

Anonymous said...

re, Bailout Plan Facts...

Is anyone really surprised that the homeowner will NOT benefit from this and the U.S. Taxpayer will fit the bill of the full 700 Billion Dollar, White House / Congress spending plan?

Anonymous said...

ENGLISH --- THE ONLY LANGUAGE

Anonymous said...

Subject: Responses to Sarah Palin being named as Vice-Presidential choice

"Five kids? Does anyone in the republican party understand the concept
of pulling out?"
-Bill Maher

"When they were vetting her for this job, she said, quote 'What is it exactly that the VP does every day?' Let me answer
that for you, Sarah.
They start wars, they enrich their friends, and they shoot people in the face. That's what the vice president does."
-Bill Maher

"Today President Bush called Gov. Palin and congratulated her. Bush told Palin the job of vice president is very important because as vice president,
you get to tell the president what to do."
-Jay Leno

"John McCain's VP pick is the governor of Alaska, a unknown hockey mom named Sarah Palin that no one ever heard of. The only other job she had
in politics was the mayor of a small town known as Wasilla, Alaska, and now she has the opportunity to be on a ticket opposite of Barack Obama, the first black man she's ever seen."
-Bill Maher

"She's not bad looking. She looks like one of those women in the Van
Halen videos who takes off her glasses, shakes out her hair, and then all of a sudden, she's in high heels and a bikini. Suddenly, I'm for drilling in Alaska."
-Jimmy Kimmel

Palin and McCain are a good pair. She's pro-life and he's clinging to life."
-Jay Leno

Anonymous said...

Fannie Mae, Freddie Mac face grand jury for accounting practices

Anonymous said...

If you heard Nancy Polosi speak on the bailout, you will realize why women should not be allowed to vote r enter politics.

Anonymous said...

Mexican license plates.....
WTF is up with all these Mexican license plates I see everyday all over Arizona.....Sonora, Chiuhauha????!!!! Someone told me they do not have to have insurance, is this true? I saw a landscapers truck going down I-10 with a business name on the door located in Phoenix but his plates were mexican.. Sonora! WTF? That is one of the things that bothers me about this stiuation with the mexicans. Can someone let me know what the real story is with that bullshit. I hate paying car insurance, do these fucks get to drive around without it and why don't the cops pull them over? I mean really cmon.

Anonymous said...

That's right folks there are not just Mexicans here illegally.........

I'm betting there are those from Somalia, Iran, Sudan, Syria, Kenya, Nigeria, etc...etc.

Anonymous said...

Palin go mop the floor or kill another one of Bullwinkle's relatives.

Anonymous said...

Hey, enough about Palin, I notice we haven't heard anything from that bitch Hillary...

Oh, Hillary, come out where ever you are, you ignorant CUNT!

Anonymous said...

re, Nancy Polosi
The point was that the PUSSY Republican's cried about a speech made by Polosi (that I agree is a horrible bitch).

Anonymous said...

then think, vote responsibly
and
that means neither of the two major political parties

Anonymous said...

McCain speaking

I daydream of Grandpa Simpson and the good old days. Now them were good times.

Anonymous said...

Didn't have my camera with me so I couln't get his plate # and call it in to Police. It was exactly the same as last week, I'm driving with the flow of traffic in the right hand lane, then the Mexican swerves into my lane without looking or signaling. I swear these Mexicans do it on purpose, they don't care because they don't have to buy insurance like we do. The cops let them drive away with no licence, registration or insurance. Americans get arrested and have our cars impounded. All of this reminds me of a post I saw earlier today.

Anonymous said...

Liberal's remind me of that new taco bell commercial where the one manbaby starts crying then the rest follow.

Anonymous said...

Barack HUSSEIN Obama is a MUSLIM!!!

And muslims hijack planes and crash them into the WTC and the Pentagon and nearly crashed into the White House!!!

Anonymous said...

I was at the mall..

woman going up the escalator in a tight see through dress with NO panties on, could see her butt crack all the way....

what else is there to report?

Anonymous said...

China and the Saudis are paying for Obama's campaign

Anonymous said...

George Bush is afraid of China, every time he gets firm, they send him a bad fortune cookie and he backs right off.

Anonymous said...

Screw the Bailout !!!!

Anonymous said...

In the brokering the deal that ended up selling Wachovia to Citibank, the FDIC essentially did what Congress just voted down?

Anonymous said...

Hooray the bailout failed!

Anonymous said...

Obama is Just Like Kerry Making Promises He Can't Keep

Anonymous said...

Has invested in Dr. Turds shoe polish.
The preferred shoe polish of niggas everywhere.

Obama and his shoe shine boys thank you!

Anonymous said...

e, Mexican license plates

Been seeing it myself, first thoughts were drug dealers driving their personal cars from mexico. Theirs actually a few people who get away with no insuarnce cuz they dont pay up if they get a tkt. Like female hispanic chicks with a boatload of kids, i was told by a cop they wont give them insurance tickets because the politicians told them NOT too.

Anonymous said...

God damn it, Chase bank bought WAMU.

WTF
Where in the fuck am i gonna bank?

Holy fucksticks batman!!!
My money may not be safe must go to wamu make withdrawal.Chase bank is the only bank where ive ever actually had a couple tellers and the manager actually steal money from me. Happened at the seventh ave and thomas branch.Bank of America will overdraft charge you to death,

Never had a problem at wamu.

Bank of America is a giant booger trap.

Anonymous said...

Texas town votes to remove registered sex offender as mayor.

Anonymous said...

Obama proposes raising Federal Deposit Insurance to $250,000

Anonymous said...

L.A. mayor unveils $5 billion plan for more affordable housing

Anonymous said...

re,re, Nancy Pelosi

A stupid ass cunt,
Bet she never went to her homecoming or senior prom-
who would take her?

Anonymous said...

Cost overruns and delays plague World Trade Center .....

This is why people hate unions.
It is insane that we can't build a set of buildings in almost 8-years to replace the World Trade Center.
WTF is wrong with you idiot scum bag New Yorkers?

Anonymous said...

Dow closes at lowest point level in history!

Anonymous said...

............NOT Aloud !!!!

Anonymous said...

It's National Idiot Week

Anonymous said...

I saw this Democrat Congressman on CNN (forget his name).
He said that his office is receiving 200 opposed calls to every one call in favor of the bailout plan, but he is voting for it anyway.

This proves how much politicians are out of touch with the people and how little they care.

Anonymous said...

British police probe eBay sale of MI6 camera
LONDON England - Britain's MI6 intelligence service is investigating how a camera holding sensitive information about al Qaeda suspects came to be lost by one of its agents, police said on Tuesday.
Media reports said the Nikon digital camera was put up for sale on Internet trading site eBay and sold for just 17 pounds ($30.64).
Its memory had names of al Qaeda members, fingerprints and suspects' academic records as well as pictures of rocket launchers and missiles, the Sun newspaper reported.
"We can confirm we seized a camera after a member of the public reported it," said a statement by police in Hertfordshire, north of London, after the camera was handed into a police station.
"Intelligence services are investigating," the statement added.
The incident is the latest in a series of embarrassing data losses to affect the intelligence services and the government.
On Monday, prosecutors said a senior public official who left top secret intelligence assessments of al Qaeda and the security forces in Iraq on a London commuter train is due to face charges under the Official Secrets Act.
Last year, a civil servant lost computer discs containing the names, addresses and bank details of 25 million people last year, while in January, the Ministry of Defense said it had lost a laptop containing personal data on 600,000 recruits.
The Home Office said in August that a contractor had lost personal details of every prisoner in England and Wales.

Anonymous said...

The Bailout Defeat: A Political Credibility Crisis
There was a lack of trust, a loss of confidence, a popular revolt.

Nearly every major political leader in the U.S. supported the $700 billion financial-bailout bill. The President. The Vice President. The Treasury Secretary. The Chairman of the Federal Reserve. The Chairman of the Securities and Exchange Commission. The Democratic and Republican nominees for President. The Democratic and Republican leadership of the House and Senate. All of them said the same thing: vote yes.

But a majority of those politicians anointed by the Constitution to reflect the will of the people voted no. This is a remarkable event, the culmination of a historic sense of betrayal that Americans have long felt for their representatives in Washington. The nation's credit crisis on Monday exposed a much deeper and more fundamental problem: a crisis of political credibility that now threatens to harm our nation further, should the markets freeze up and more companies begin to fail, as many experts predict.

The problem has been growing for years. Roughly 28% of Americans approve of President Bush. Roughly 18% of Americans approve of Congress. Now those low numbers and majority of bad feelings have manifested themselves in the starkest of terms.

Asked to take a leap of faith regarding a dizzyingly complex problem, a critical mass of voters refused to trust their leaders, turning down the medicine that was offered. And so the politicians who are most exposed to popular whims have run for cover. With an election on the horizon, 95 House Democrats and 133 House Republicans opposed the bill. Some portion voted no for clearly ideological reasons. But many more were simply doing what politicians do - responding to the will of the people.

An analysis by statistician Nate Silver, who runs FiveThirtyEight.com, made this clear. Of the 38 incumbent members of Congress from both parties who are considered vulnerable in the coming election, 30 voted against the bill (eight supported it). By contrast, members of Congress from relatively safe districts were evenly divided 197 for it to 198 against it.

"What this showed more than anything else was that not even members of Congress can ignore a switchboard system of Capitol Hill that is so totally jammed," said Peter Sepp, a conservative opponent of the bill with the National Taxpayers Alliance.

If the experts are right, the nation now risks great financial hardship, because there was no one to stand up and explain the situation. The Dow Jones industrial average dropped 778 points on the news. Treasury Secretary Hank Paulson warned Monday afternoon that car loans and student loans were likely to tighten. Other economists have warned of the possibility of widespread corporate failures and unemployment, if the short-term credit markets freeze up. Bank failures, or mergers, are likely to continue. The taxpayer costs of federal insurance on deposits could increase.

In a worst-case scenario, economic historians may find that all of Paulson's predictions come true, leaving the cost to the Federal Government far greater than the risky $700 billion investment in the private sector. If this comes to pass, the historians will find many people to blame: Paulson and President Bush for failing to explain the plan better. The House leadership for failing to whip enough votes. Even the presidential candidates for failing to use their bully pulpit to force the issue.

But those historians should not forget that roots of the failure predate the vote on Monday, and even the mistakes of Wall Street. Years ago, the trust between the people and their politicians was broken. Credibility was lost. The reserve of goodwill went bankrupt. And when they needed it most, our nation's leaders found that they had squandered their ability to exert influence over the people who chose them to lead.

Anonymous said...

RE 4 the women How to install a Husband

been viewing previous postings...

Give me instructions on how to install a boytoy and forget the husband bullshit.

Anonymous said...

Again Pelosi grandstands, showing partisanship and the democrats screw America again.

Pelosi does her thing and we suffer for it, typical democrats!!

Anonymous said...

Yesterday, the stock market lost 1 trillion dollars.

Anonymous said...

Democrats can't get the job done

Anonymous said...

Been doing some yard work, sweating up a storm, any young ladies with moist lips and a great tongue want to lick the sweat off my balls?

Anonymous said...

would someone tell that stupid nigga bitch michelle obama to wash her couchie

Anonymous said...

Hello,

Well you stupid average middle class ignorant working Americans -

I just got be a 500 dollar blowjob in my plush Wall Street office.
We're gonna get that bailout.
You're gonna pay for it.
I'll be driving my Mercedes, drinking my Starbucks Coffee, Dining at fine restaurants, eating cheese and drinking expensive wine while you idiots fork over every dollar you make in taxes to me..

Anonymous said...

Just wanting to pass this on to my fellow Veterans and to those who have lost a loved one.

On October 23, 2008, the Marines are honoring their fallen comrades (close to 300) who died in Beirut Lebanon while on a Peace Mission. It is however sad that our State of Arizona has made no mention to include our local media.

We are assembling an "Honor Guard" that will pay tribute to our "POW/MIA/KIA" and to be a constant reminder that we care for our "Forgotten" veterans.

On this same day we will Post colors at the Vietnam Memorial at Wesley/Bolin and will be supported by our US Marines Firing Squad who will render a 21 Gun Salute and followed by Taps.

We are in need of former veterans and or active to join our team.

If you lost a loved one, bring a picture with you and let us all remember our brave men and women who gave their all.
PROUD TO BE AN AMERICAN AND GOD BLESS AMERICA

POW/MIA/KIA
Honor Guard

Anonymous said...

Scientist have stopped the blame game and now are all in agreement that Global Warming is solely caused by Mexicans eating their stinking buritos, refried beans, and farting and craping in public.

Anonymous said...

Hello,
So you want to move to Phoenix Arizona ...
read this first -

Twice in the past year and a half, I have had water supply lines blow off of toilets and begin shooting water. There is no reason for this to happen. And I don't understand how there could be such incredible surges in water pressure.

Anonymous said...

re, Global Warming

Just to let you fanatics in on a little secret. Global warming started with the end of the last ice age.

Anonymous said...

Phoenix Sewer Problems

my problem is with the sewer systems...
I was constantly getting blowback in my toilets, and one day my girlfriend told me that she saw a pattern of my healthy bowel movements coinciding with my stopping off at Filibertos the night before and getting two chorizo burritos and a bowl of menudo. Nowadays, I go to the Burger King on Indian Stool Road and use their facilities every morning. The manager there calls me "Double Coiler".

P.S. My toilets flush like magic now.

Anonymous said...

re, mexican license plates on arizona roads......

I steer clear of any vehicle with migger plates unless i am driving my big rig, then i run their beaner asses off the road

Anonymous said...

Scottsdale - Not just Arizona's little joke anymore

Anonymous said...

Two Sheep - $50
Ok you you filthy islamic bastards, come get your new wife for the night!

«Oldest ‹Older   801 – 901 of 901   Newer› Newest»