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PostPosted: Fri Apr 27, 2012 7:32 pm 
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Neckbeard wrote:
So the spending trillions on unnecessary wars, spending a T and a half on inefficient tax cuts and trying to cut social security aren't part of conservative/neoconservative strategy?

If the military force used was necessary or not is debatable. There are good arguments on both sides. Even the current Commander In Chief is on record supporting the action in Afghanistan. And has continued much of the Bush policy in that arena, including Gitmo.

Spending on tax cuts? Failing to force someone to surrender a portion of his or her property is viewed as spending? Only someone in favor of income redistribution and a form of socialism can view that as spending.

Neckbeard wrote:
I give SOx 9/10. I think it's great and a lot of these people criticizing it saying things like "it makes businesses want to go elsewhere" should consider what businesses it is making want to go elsewhere. Not the ones we want here. Further, to your point concerning Fannie and Freddie, they deserve some hate, a good amount of it, but we need to look deeper in and see the deregulation that has occurred and consider it's impact. Further, derivatives and bizarre games being played with risk, pushing it down from to top onto the heads of the people should have never been allowed.


Valid argument.
Neckbeard wrote:
Expecting banks to regulate themselves is like asking your dog to protect an open bag of food.

To an extent yes. But, if banks are coerced and encouraged to provide loans to people that they otherwise wouldn't consider by the feds, having the federal government provide the oversight is like having the fox guarding the hen house.

If lending institutions were allowed to make decisions on who they would lend to and base the interest charged on the risk/return ratio like they used to, the mess we are in would have never happened. The first house I bought I had to have 20% down. No 20%, no loan from the bank. I'm sure other people with a stellar credit history may have purchased with less of a down-payment, but as an 20 year old with very little financial track record, that was the deal.


Neckbeard wrote:
I believe there are a higher number of perverts walking the streets than terrorists. Should we be kicking down all the white single males with creepy glasses' doors because they fit the common description? I'd venture to guess in the past year more lives were ruined in the US by perverts than by terrorists in the history of our nation. And further, if we think we know who the terrorists are, when someone who isn't what we think a terrorist commits a terrorist act, what do we do then? What did we do post Timothy McVeigh or Ted Kaczynski? My father-in-law's brother looks just like Kaczynski and goes around southern Macomb county getting drunk and tossed out of churches and restaurants for wandering in randomly and screaming about the gov't. They haven't stripped him down when he flies to Florida.


I believe what you are suggesting would fall under the purview of individual local and state government, not the federal government. In fact, many local and state governments do indeed have an active "pervert patrol" and are active in "profiling" those individuals even as I type.

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PostPosted: Fri Apr 27, 2012 7:56 pm 
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Bryce wrote:
Neckbeard wrote:
So the spending trillions on unnecessary wars, spending a T and a half on inefficient tax cuts and trying to cut social security aren't part of conservative/neoconservative strategy?

If the military force used was necessary or not is debatable. There are good arguments on both sides. Even the current Commander In Chief is on record supporting the action in Afghanistan. And has continued much of the Bush policy in that arena, including Gitmo.

Spending on tax cuts? Failing to force someone to surrender a portion of his or her property is viewed as spending? Only someone in favor of income redistribution and a form of socialism can view that as spending.

Ummm Bryce? That's how they're classified... As Tax Expenditures, off-budget spending... Enough "red scare" bs man.

http://en.wikipedia.org/wiki/Tax_expenditures


Neckbeard wrote:
I give SOx 9/10. I think it's great and a lot of these people criticizing it saying things like "it makes businesses want to go elsewhere" should consider what businesses it is making want to go elsewhere. Not the ones we want here. Further, to your point concerning Fannie and Freddie, they deserve some hate, a good amount of it, but we need to look deeper in and see the deregulation that has occurred and consider it's impact. Further, derivatives and bizarre games being played with risk, pushing it down from to top onto the heads of the people should have never been allowed.


Valid argument.

As was yours... There is PLENTY of blame to toss around, but we could have approached things in a more collective manner. The US NEEDS to address inequality. Look at our Gini coefficient. It looks more 3rd world than what the US should...
Neckbeard wrote:
Expecting banks to regulate themselves is like asking your dog to protect an open bag of food.

To an extent yes. But, if banks are coerced and encouraged to provide loans to people that they otherwise wouldn't consider by the feds, having the federal government provide the oversight is like having the fox guarding the hen house.

If lending institutions were allowed to make decisions on who they would lend to and base the interest charged on the risk/return ratio like they used to, the mess we are in would have never happened. The first house I bought I had to have 20% down. No 20%, no loan from the bank. I'm sure other people with a stellar credit history may have purchased with less of a down-payment, but as an 20 year old with very little financial track record, that was the deal.

If you are referring to the Community Reinvestment Act, it basically dealt with things such as redlining. It had no impact on the financial meltdown. What you are talking about did in fact happen with the liar loans and all that, but the gov't didn't encourage or push for it to the best of my knowledge.

Neckbeard wrote:
I believe there are a higher number of perverts walking the streets than terrorists. Should we be kicking down all the white single males with creepy glasses' doors because they fit the common description? I'd venture to guess in the past year more lives were ruined in the US by perverts than by terrorists in the history of our nation. And further, if we think we know who the terrorists are, when someone who isn't what we think a terrorist commits a terrorist act, what do we do then? What did we do post Timothy McVeigh or Ted Kaczynski? My father-in-law's brother looks just like Kaczynski and goes around southern Macomb county getting drunk and tossed out of churches and restaurants for wandering in randomly and screaming about the gov't. They haven't stripped him down when he flies to Florida.


I believe what you are suggesting would fall under the purview of individual local and state government, not the federal government. In fact, many local and state governments do indeed have an active "pervert patrol" and are active in "profiling" those individuals even as I type.


Why would the FBI or other agencies not be involved? Much of what they do does violate federal law I believe, what with transmission through computers being interstate commerce. Why not have the gov't come in and randomly evaluate your storage devices if you intend to use a computer and are a single white guy?

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PostPosted: Fri Apr 27, 2012 7:57 pm 
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Nobody strong armed the banks to write those loans. They wrote them, auto signed stuff, resold them and turned a very healthy profit.

This Barney Frank shit is nothing but an old Rush Limbaugh talking point. Grow up.

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PostPosted: Sat Apr 28, 2012 10:14 pm 
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Neckbeard wrote:

Ummm Bryce? That's how they're classified... As Tax Expenditures, off-budget spending... Enough "red scare" bs man.

http://en.wikipedia.org/wiki/Tax_expenditures


That's government double speak pure and simple. If it isn't yours to begin with, not taking it shouldn't be called an expenditure.

The way they tallied the budget cuts is another example of this government double speak. Using their logic, when I decided to buy a new car earlier this year, and on the way to the dealer, I stopped in a different dealership because at the last minute I succumbed to the struggle within to buy American instead. Because the vehicle I purchased was 15,000.00 less than the one I had intended to buy, by federal government standards, I cut 15,000.00 from my yearly budget, when in reality I spent money I really didn't have to. It's baloney.
Neckbeard wrote:
I give SOx 9/10. I think it's great and a lot of these people criticizing it saying things like "it makes businesses want to go elsewhere" should consider what businesses it is making want to go elsewhere. Not the ones we want here. Further, to your point concerning Fannie and Freddie, they deserve some hate, a good amount of it, but we need to look deeper in and see the deregulation that has occurred and consider it's impact. Further, derivatives and bizarre games being played with risk, pushing it down from to top onto the heads of the people should have never been allowed.


Valid argument.

As was yours... There is PLENTY of blame to toss around, but we could have approached things in a more collective manner. The US NEEDS to address inequality. Look at our Gini coefficient. It looks more 3rd world than what the US should...
[/quote]
Not going to get much of an argument from me on this one.
Neckbeard wrote:
Expecting banks to regulate themselves is like asking your dog to protect an open bag of food.


Neckbeard wrote:
If you are referring to the Community Reinvestment Act, it basically dealt with things such as redlining. It had no impact on the financial meltdown. What you are talking about did in fact happen with the liar loans and all that, but the gov't didn't encourage or push for it to the best of my knowledge.

To expand your knowledge base, this is an excerpt from the HUD website in 1995 under the title “The National Homeownership Strategy: Partners in the American Dream”. This document was removed from the website around 2007. Not hard to figure out why.

For many potential homebuyers, the lack of cash available to accumulate the required downpayment and closing costs is the major impediment to purchasing a home. Other households do not have sufficient available income to to make the monthly payments on mortgages financed at market interest rates for standard loan terms. Financing strategies, fueled by the creativity and resources of the private and public sectors, should address both of these financial barriers to homeownership.



Neckbeard wrote:
I believe there are a higher number of perverts walking the streets than terrorists. Should we be kicking down all the white single males with creepy glasses' doors because they fit the common description? I'd venture to guess in the past year more lives were ruined in the US by perverts than by terrorists in the history of our nation. And further, if we think we know who the terrorists are, when someone who isn't what we think a terrorist commits a terrorist act, what do we do then? What did we do post Timothy McVeigh or Ted Kaczynski? My father-in-law's brother looks just like Kaczynski and goes around southern Macomb county getting drunk and tossed out of churches and restaurants for wandering in randomly and screaming about the gov't. They haven't stripped him down when he flies to Florida.


I believe what you are suggesting would fall under the purview of individual local and state government, not the federal government. In fact, many local and state governments do indeed have an active "pervert patrol" and are active in "profiling" those individuals even as I type.[/quote]

Why would the FBI or other agencies not be involved? Much of what they do does violate federal law I believe, what with transmission through computers being interstate commerce. Why not have the gov't come in and randomly evaluate your storage devices if you intend to use a computer and are a single white guy?[/quote]
Apples and oranges my friend.

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PostPosted: Sun Apr 29, 2012 3:31 am 
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Location: Sterling Hts.
Bryce wrote:
Neckbeard wrote:

Ummm Bryce? That's how they're classified... As Tax Expenditures, off-budget spending... Enough "red scare" bs man.

http://en.wikipedia.org/wiki/Tax_expenditures


That's government double speak pure and simple. If it isn't yours to begin with, not taking it shouldn't be called an expenditure.

The way they tallied the budget cuts is another example of this government double speak. Using their logic, when I decided to buy a new car earlier this year, and on the way to the dealer, I stopped in a different dealership because at the last minute I succumbed to the struggle within to buy American instead. Because the vehicle I purchased was 15,000.00 less than the one I had intended to buy, by federal government standards, I cut 15,000.00 from my yearly budget, when in reality I spent money I really didn't have to. It's baloney.


I realize that link is to a wiki article, but it explains the logic behind calling it a tax expenditure. If you don't buy wikipedia, here http://www.gpo.gov/fdsys/pkg/GPO-RIDDIC ... 992-34.pdf.

Bryce wrote:
Neckbeard wrote:
If you are referring to the Community Reinvestment Act, it basically dealt with things such as redlining. It had no impact on the financial meltdown. What you are talking about did in fact happen with the liar loans and all that, but the gov't didn't encourage or push for it to the best of my knowledge.

To expand your knowledge base, this is an excerpt from the HUD website in 1995 under the title “The National Homeownership Strategy: Partners in the American Dream”. This document was removed from the website around 2007. Not hard to figure out why.

For many potential homebuyers, the lack of cash available to accumulate the required downpayment and closing costs is the major impediment to purchasing a home. Other households do not have sufficient available income to to make the monthly payments on mortgages financed at market interest rates for standard loan terms. Financing strategies, fueled by the creativity and resources of the private and public sectors, should address both of these financial barriers to homeownership.


I actually found that entire document on some guy's wordpress... Interesting read (http://confoundedinterest.files.wordpre ... sdream.pdf). Talked a little bit about lower down payments, but mainly it was discussing things through the administrative chain and getting public funds and stuff like that to help out. Either way, when you look at how everything played out, it was ultimately the magician's work regarding risk that was the overlying factor. When you can take a series of mortgages, roll them together and chop them up so that you hide the risk in selling them as bonds on the open market, the open market will continue to want them. If we had more regulation on the markets then they wouldn't be able to hide the risk, pull the good parts out and leave the bad for the peons, and people knew the true risk of what they were buying, then the bonds wouldn't be bought and the janky mortgages wouldn't be conducted to begin with. The banks wouldn't have anyone to sell the shit to. And before you start in on the Fannie and Freddie and Barney, I'm down with that and I got a bone to pick with him, too. He's smarter than all that mess and he now seems to be angling himself to be a lobbyist.

That quote must have been a popular copy-paste job amongst conservative message boards, too. I popped it into google to find the original document and that quote was everywhere! Do you have that one about the secret, behind closed doors meeting that congress had where they were going to create an Amero and all that... wait, here it is:

To come to a more complete understanding of Russell’s shocking statement about the United States and the possible false flag event coming soon, we need to take a look at a little known event, the March 13, 2008, closed-door session of the House of Congress. It was only the fourth time in our history as a nation such a session was held. The proposed agenda for the meeting was to discuss “New Surveillance Provisions,” but that was just a ruse. The fact that there was a March 13, 2008, closed-door session of the House of Congress is an established fact. The real agenda, according to information leaked after the meeting to alternative media, were these issues:

1. The imminent collapse of the US economy by September, 2008

2. The imminent collapse of the federal government finances by February, 2009

3. The possibility of Civil War as a result of the collapses

4. The advance round-ups of dissidents and insurgents into concentration camps

5. The flight of government officials into “safe facilities” (US underground cities)

6. The formation of the North American Union (NAU): the uniting of Mexico, the United States, and Canada into one union

7. The issuance of the new currency, the Amero, of the NAU, to replace the dollar

Even though there is no way to prove that these were the issues discussed at that meeting, all we need to do is look at the chronology of events since then. The government’s intent is obvious: tip off their own people of what is coming, and provide a way of escape for them when the riots and destruction comes, and leave the rest of us in the dark to be blind sided and destroyed.


Bryce wrote:
Neckbeard wrote:
I believe there are a higher number of perverts walking the streets than terrorists. Should we be kicking down all the white single males with creepy glasses' doors because they fit the common description? I'd venture to guess in the past year more lives were ruined in the US by perverts than by terrorists in the history of our nation. And further, if we think we know who the terrorists are, when someone who isn't what we think a terrorist commits a terrorist act, what do we do then? What did we do post Timothy McVeigh or Ted Kaczynski? My father-in-law's brother looks just like Kaczynski and goes around southern Macomb county getting drunk and tossed out of churches and restaurants for wandering in randomly and screaming about the gov't. They haven't stripped him down when he flies to Florida.


I believe what you are suggesting would fall under the purview of individual local and state government, not the federal government. In fact, many local and state governments do indeed have an active "pervert patrol" and are active in "profiling" those individuals even as I type.


Why would the FBI or other agencies not be involved? Much of what they do does violate federal law I believe, what with transmission through computers being interstate commerce. Why not have the gov't come in and randomly evaluate your storage devices if you intend to use a computer and are a single white guy?[/quote]
Apples and oranges my friend.[/quote]

Really? I see what these guys are doing as being just as much a danger to our country. We know where the access points are and we know where they frequently strike. We know how they communicate and we know how the traffic and perpetrate. I would say that going into an area where they have the ability to gain access to victims, be it a plane or a chat room, would warrant a search every time that access is about to occur.

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So many what ifs, so few fucks to give.


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