RIGGS1
WISCONSIN
Joined: 03/19/2003
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I'm watching the History Channel now...
did you know that the "Bloods" & the "Crips" chose their colors (red-blue) from their high school football colors?
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Rick27
michigan
Joined: 01/30/2006
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RIGGS1 wrote:I'm watching the History Channel now...
did you know that the "Bloods" & the "Crips" chose their colors (red-blue) from their high school football colors?
Yes.
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snoxraceteam
Upper Peninsula, Michigan
Joined: 10/01/2003
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MC................
In 2005 Alan Greenspan told Congress how urgent it was for it to act in the clearest possible terms: If Fannie and Freddie ``continue to grow, continue to have the low capital that they have, continue to engage in the dynamic hedging of their portfolios, which they need to do for interest rate risk aversion, they potentially create ever-growing potential systemic risk down the road,'' he said. ``We are placing the total financial system of the future at a substantial risk.''
For the first time in history, a serious Fannie and Freddie reform bill was passed by the Senate Banking Committee. The bill gave a regulator power to crack down, and would have required the companies to eliminate their investments in risky assets.
But the bill didn't become law, for a simple reason: Democrats opposed it on a party-line vote in the committee, signaling that this would be a partisan issue. Republicans, tied in knots by the tight Democratic opposition, couldn't even get the Senate to vote on the matter.
That such a reckless political stand could have been taken by the Democrats was obscene even then. Wallison wrote at the time: ``It is a classic case of socializing the risk while privatizing the profit. The Democrats and the few Republicans who oppose portfolio limitations could not possibly do so if their constituents understood what they were doing.''
But we now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years.
Oh, and there is one little footnote to the story that's worth keeping in mind while Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess.
Kevin Hassett
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kenlacy
Foooore!
Joined: 10/25/2001
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Pol-Cat wrote:I know it doesn't Ken, you guys are too busy finger pointing about a measly 700 billion bailout that is only getting paid once to people who, if the goverment lets them run their business the way they want, and not how the goverment tells them to, will never need ta be bailed out again, yet you let other people come grab a trillion dollars a year, then don't even blink when they come back next year, the year after that, the year after that, and every time ask for more money, and we give to them no questions asked! Where the fukk are the cries about more regulation on welfare??!!
What was that?? You have a very valid point, but gonna waste your vote. Smart and dumb at the same time! 
Beavis440_the_babblin_dem wrote:You, I can't take serious. You have nothing to offer. You're a hollow tree full of hot air.
me wrote:So what exactly is a solid tree full of cold air - like?
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whats yer problum
skol da R/W,thompson,man.eh
Joined: 02/03/2008
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RIGGS did U know da giant octopus (enteroctopus dofleini)is da biggest octopus,and is up to 23ft(7m)from arm tip to arm tip,weighing up to 400 pounds(182kg)?
what the heck in the world? USE YER TINKER. 
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XC800SP
UAW Local 212
Joined: 12/18/2004
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WYP, you using your tinker ? What da heck, first time for everything. huh who'da thunk it. Sheeeeeesh
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Pol-Cat
riding a rental from da LTCM stable
Joined: 12/22/2003
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kenlacy wrote:
What was that?? You have a very valid point, but gonna waste your vote. Smart and dumb at the same time!
If it was gonna be close, I'd vote for McCain, but MI going red ain't gonna happen, or even be close to happening. If cocaine beats mccain by one vote in MI, and mccain loses the presidential cause of MI, then all the conservatives can kick me in the head, and libs can send me a thank you card. Your still a dik, and dale jr is gonna cost you some ching
My vision is better then my hearing...shut up and show me something.
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whats yer problum
skol da R/W,thompson,man.eh
Joined: 02/03/2008
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XC800SP wrote:WYP, you using your tinker ? What da heck, first time for everything. huh who'da thunk it. Sheeeeeesh sorry I won't let dat happin agin.
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Uller God
Motorized Bandit
Joined: 04/09/2004
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Sara Cockinder?
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SRX 440A
The Blue Midwest
Joined: 11/17/2004
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God I love this.
Watchin the pubs flail around thinkin that spoutin these 'facts' is gonna change anything. McCain's run is dying-and I'm lovin it!
He's pulling OUT of Michigan-he he. He knows that if he don't win ALL the battleground states now-it's over.
All the wingnuts on the radio are goin absolutely fukkin nutz trying to patch the rotten old wooden boat as it sinks.
McCain is older than Moses,and Palin is retarded-not a good combo.
Skol official pub meltdown alert!
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