Tuesday, November 29, 2011

Cartoon of the Day


46 Comments:

At 11/29/2011 1:35 PM, Blogger Benjamin said...

"WASHINGTON – U.S. home prices are falling again in most major cities after posting small gains in the summer and spring. The report suggests the troubled housing market remains weak and won't recover any time soon.


The Standard & Poor's/Case-Shiller index released Tuesday showed prices dropped in September from August in 17 of 20 cities tracked. That was the first decline after five straight months where at least half the cities in the survey showed monthly gains."

The global collapse of housing prices suggests it was not evil Wall Streeters or Barney Frank, or even Fannie and Freddie, that caused the US housing run-up and contraction (the same events happened in USA commercial real estate--no Fannie, no Freddie. no Frank, although CMBS was very big).

What is important now is not the blame-game, but what to do. Action, not sniveling.

If housing is going down, and the CPI, PPI and unit labor costs index are all going down---does that not suggest we need growth policies from the Federal Reserve?

 
At 11/29/2011 1:40 PM, Blogger Caveat Bettor said...

Barney Frank is not the only culprit; Alan Greenspan, George W. Bush, Bill Clinton, Gregory Meeks, Franklin Raines, and a few others pop to mind, and that is without getting to the rating agencies (which, of course, are chartered by Congress) or even the numbskulls at AIG, Lehman, Bear et al (who give a lot to campaigns and pay a ton of taxes).

But it's good to understand Frank's unique role. If we understand the history, we might not be doomed to repeat it.

 
At 11/29/2011 2:04 PM, Blogger Benjamin said...

Caveat-

And how did Frank manage to engineer a mirror collapse in USA commercial real estate?

Really, I don't care about the name game, and for all I care Frank can be exiled to Fire Island for the next 50 years.

But there was a larger agent in action that caused the widespread USA commercial and residential real estate collapse. Think Fed.

 
At 11/29/2011 2:07 PM, Blogger AIG said...

"But there was a larger agent in action that caused the widespread USA commercial and residential real estate collapse"

Of course. Except that the collapse isn't the problem. Its the inflation of the bubble. The collapse is just a correction of that mistake

Nonetheless, Barney Frank was a most vile human being, and there can be no downside to him disappearing from public life.

 
At 11/29/2011 2:17 PM, Blogger Paul said...

"What is important now is not the blame-game, but what to do. Action, not sniveling."

Yes, we know how Benji and his boyfriewnd are always reluctant to blame the GOP, George Bush, Tea Partiers, rural states..etc. By all means, let's follow Benji's example and be charitable towards Barney Frank's active role in destroying the economy via Fannie and Freddie.

 
At 11/29/2011 2:58 PM, Blogger Che is dead said...

Before YouTube, people assumed that Frank won his elections with his wit and charm. Only after watching him insult voters to their face and shout down town hall attendees did Barney’s real secret emerge: Gerrymandering. A few years ago, left-leaning Slate.com identified Frank’s district as one of the 10 most gerrymandered in America. Last week, a more rational district was drawn. And Frank — knowing the truth — is jumping ship. According to press reports, Frank’s reaction to the new district map was to tell an adviser, “They didn’t do me any favors.” If the district hadn’t changed, he indicated yesterday, he would have gone for one last term. And why not? Frank’s only 71 years old. By congressional standards, he should still be chasing pages around the rotunda. If Barney really is the brilliant mind and “quip”-witted communicator of legend, why doesn’t he use those skills to win a race in a competitive district? He could explain all the terrific things he’s done, defend all the brilliant policies he’s advocated. Exactly. -- Just beat it, Barney - Boston Herald

 
At 11/29/2011 3:05 PM, Blogger Hydra said...

What is important now is not the blame-game, but what to do.


Why should we do anything about falling home prices? Homes are rapidly becoming more affordable than ever: providing you have a job and 25% down payment.

 
At 11/29/2011 3:08 PM, Blogger morganovich said...

"the global collapse of housing prices suggests it was not evil Wall Streeters or Barney Frank, or even Fannie and Freddie, that caused the US housing run-up and contraction"

this has been debunked about a hundred times bunny. credit markets are linked. a huge credit bubble in residential flows through into commercial and the rest of the world. barney's darling freddy and fannoe bought up a zillion dollars worth of loans. that gives all the banks money to do what? MAKE MORE LOANS. it massively ups the systems ability to leverage, and that flows through to other markets.

the fact that you cannot get this trough your head is almost as astounding as the fact that you keep trying to use unit labor costs as an inflation indicator when, in fact, they are calculated using inflation.

CPI and PPI, even if we believe the BLS, are running at nearly 2X the target rate and are going to make new highs in november.

home prices dropping only matter to those who are first time buyers. otherwise, it has not benefit.

rents are way up, affecting far more people. (yet the BLS overweights OER and massively underweights rent)

this has all been explained to you ad nauseum, yet you keep coming back and making the same foolish claims over and over.

seriously, what is it with you? do you have the memory of a goldfish or are you really some sort of annoying sociology experiment in inability to learn?

 
At 11/29/2011 3:12 PM, Blogger morganovich said...

caveat-

out of curiosity, what is it you think bush did to inflate the housing bubble?

last i checked, he tried to rein in freddy and fannie early in his presidency. he was prevented fro doing so by frank, dodd, pelosi, and reid.

if i set a fire in your house,i can hardly blame you for the fire because the neighbors wouldn't let you use their hose.

i have no love of bush, but i unless you are aware of something i am not, i don't think you can pin the housing bubble on him.

clinton, sure. greenspan, absolutely, but bush, i just don't see it.

 
At 11/29/2011 3:12 PM, Blogger VangelV said...

A few years ago, left-leaning Slate.com identified Frank’s district as one of the 10 most gerrymandered in America.

Frank's district was not the only one that is rigged. And the Democrats are no worse than the Republicans on this count. Both parties are corrupt and play games that lead to fixed outcomes. Which is why the US needs independents to support a third party.

 
At 11/29/2011 3:21 PM, Blogger VangelV said...

Nonetheless, Barney Frank was a most vile human being, and there can be no downside to him disappearing from public life.

The last part is true. But there are many just as vile in public life. Clinton, Obama, Santorum, Perry, Gore, Gingrich, Reed, Pelosi, Graham, Corzine are just as bad.

 
At 11/29/2011 3:25 PM, Blogger Hydra said...

Last week, a more rational district was drawn. And Frank — knowing the truth — is jumping ship.

================================

Che has a point, but in fact that more rational district was only gerrymandered differently.


If there is a single thing in the political process hat needs to be one differently from the ground up, it is redistricting.


By now it oughtto be possible to incorporate a few simple rules and let a computer draw the most compact set of districts that include equal number of voters.

let the composition of those voters fall where thay may, and be done with it.

 
At 11/29/2011 3:32 PM, Blogger Hydra said...

Sub prime loans only accounted for a small part of the problem. The rest of the problem had many causes, of which a principal one was fear. Fear was exacerbated by the linked credit markets and multiple levels of leverage applied to the basic assets.

That fear and loss of credit led to contraction in all sorts of businesses which led to job losses which meant that people could not afford the prices they paid for their homes.

It is a downward spiral, but the basic assets are still in place (to the extent they have not been vandalized). there are a lot of homes sitting around, and a lot of people that want them. At the right price, they will come together, providing anyone can pay the bills.

But first you need some jobs.

 
At 11/29/2011 3:45 PM, Blogger Hydra said...

i have no love of bush, but i unless you are aware of something i am not, i don't think you can pin the housing bubble on him.

===============================

I agree, we give presidents too much credit and too much blame far too early. it takes a long time for their actions to take effect.

I still submit there is an unrecognized third leg under th housing bubble stool. many local governements and local activists have led the charge against developmentof all kinds. Raising building standards, tightening zoning codes, invoking phony environmental and historical concerns, demanding outrageous proffers from developers, etc. etc. etc.

All of this had the result of raisnig property prices. Poirtland is the poster child on this, and indeed, today ZPortland was one of three cities that reported increasing home prices. A lot fewer sales, maybe, but at least prices were up.

Those areas that had the lowest levels of housing regulation took the least drop and bounced back sooner.

You can;t blame Barney Frank for that.

 
At 11/29/2011 4:09 PM, Blogger Paul said...

Vangel,

"Clinton, Obama, Santorum, Perry, Gore, Gingrich, Reed, Pelosi, Graham, Corzine are just as bad."

Yeah, we get it. They're all criminals except your master Ron Paul.

 
At 11/29/2011 4:25 PM, Blogger Junkyard_hawg1985 said...

"Why should we do anything about falling home prices? Homes are rapidly becoming more affordable than ever: providing you have a job and 25% down payment." - Hydra

I'm a little worried that I seem to be agreeing with Hydra more often.

 
At 11/29/2011 4:37 PM, Blogger VangelV said...

Yeah, we get it. They're all criminals except your master Ron Paul.

Yes, Clinton, Obama, Santorum, Perry, Gore, Gingrich, Reed, Pelosi, Graham, Corzine are all criminals. But there are more good men in Congress than Dr. Paul. While I think that he is nutty on some issues Dennis Kucinich is clearly a good man. So is Rand Paul.

 
At 11/29/2011 5:18 PM, Blogger rjs said...

assume you'll all be pleased to hear that barney, as the Dem ranking member on the financial services committee, will now be replaced by maxine waters...

 
At 11/29/2011 5:24 PM, Blogger AIG said...

"But there are more good men in Congress than Dr. Paul. While I think that he is nutty on some issues Dennis Kucinich is clearly a good man"

Well that pretty much says all one needs to know about Paulestineans: they are just that stupid.

Dennis Kucinish is perhaps the most mentally challenged person to ever run for a political seat in the US.

Then again, Paulestinieans are also the same people who go around the OWS human waste and say "they're kind of just like us!"

Yep. You're kind of just like them.

Yep. A "good man" like Kucinich who's latest act of "goodness" was to visit Assad. Goodness all around.

 
At 11/29/2011 5:32 PM, Blogger PeakTrader said...

"Why should we do anything about falling home prices? Homes are rapidly becoming more affordable than ever: providing you have a job and 25% down payment." - Hydra

If stock prices behaved the same way, why should we do anything about it?

How about a better economy.

 
At 11/29/2011 5:38 PM, Blogger Paul said...

AIG,

"Yep. A "good man" like Kucinich who's latest act of "goodness" was to visit Assad. Goodness all around."

True men of virtue like Vangel and Ron Paul do not look at Assad and Ahmadinejad and see a butcher. They see a new friend whose boots just need to be licked enough.

 
At 11/29/2011 5:45 PM, Blogger PeakTrader said...

Caveat Bettor says: "Barney Frank is not the only culprit; Alan Greenspan, George W. Bush, Bill Clinton, Gregory Meeks, Franklin Raines, and a few others pop to mind, and that is without getting to the rating agencies (which, of course, are chartered by Congress) or even the numbskulls at AIG, Lehman, Bear et al (who give a lot to campaigns and pay a ton of taxes)."

The crisis originated in Congress by people like Barney Frank, who thought their huge unfunded social program would be funded by others.

I guess, they thought they were pretty smart.

 
At 11/29/2011 5:46 PM, Blogger Paul said...

I forgot to mention, Vangel's man of virtue Kucinich is suing the Congress cafeteria for $150,000 in damages, plus interest and costs after he chipped a tooth on an olive pit. A man for the ages, I tell you!

 
At 11/29/2011 5:48 PM, Blogger VangelV said...

Dennis Kucinish is perhaps the most mentally challenged person to ever run for a political seat in the US.

As I said, I disagree with many of his socialist ideas. But he stood up to the wars that managed to kill and wound thousands of young men and women in the military and has fought for peace. That counts for a great deal and means that he would be a good man to have running certain government departments like the Department of Defense, DHS, etc.

 
At 11/29/2011 5:51 PM, Blogger Paul said...

"But he stood up to the wars that managed to kill and wound thousands of young men and women in the military and has fought for peace."

That reminds me again, your master Ron Paul voted for the war in Afghanistan. Chicken hawk!!

 
At 11/29/2011 5:57 PM, Blogger Hydra said...

If stock prices behaved the same way, why should we do anything about it?

How about a better economy.

================================

The stock market isn't the economy.

Lots of people own no stocks at all: they are not a prerequisite to anything. Shelter is a basic requirement.

I think more concern for one than the other is justified.

Besides, how can you ask for a better economy, the free market will give you exactly as much economy as you need, no? Asking for a "better" economy always means distorting the market.

 
At 11/29/2011 6:00 PM, Blogger Hydra said...

This is cartoon of the day for a reason.

Ten years fromn now, no one will 'get it".

Barney is not that important.

 
At 11/29/2011 6:06 PM, Blogger VangelV said...

If stock prices behaved the same way, why should we do anything about it?

You shouldn't. Propping up prices that are too high makes no sense.

How about a better economy.

You get that when you have a freer economy. Try reducing government spending, cutting taxes, removing regulations, etc?

 
At 11/29/2011 6:09 PM, Blogger VangelV said...

True men of virtue like Vangel and Ron Paul do not look at Assad and Ahmadinejad and see a butcher. They see a new friend whose boots just need to be licked enough.

Not at all. We simply refuse to bribe butchers to take our side. How much money did the US government give to Egypt? Why is the US army protecting the Saudi Royal Family from its people? Why did the US support Saddam? The Shah?

 
At 11/29/2011 6:14 PM, Blogger PeakTrader said...

Hydra, the stock market is a leading economic indicator, and the housing and stock markets are asset markets.

VangelV, sure, why prop-up the economy when you can have a deep depression instead.

 
At 11/29/2011 6:19 PM, Blogger VangelV said...

That reminds me again, your master Ron Paul voted for the war in Afghanistan. Chicken hawk!!

The attack did originate from Afghanistan so he voted to go and get bin Laden out of Afghanistan. He protested when Bush pulled out the troops when they had bin Laden surrounded to attack Hussein. And he opposed the nation building in Afghanistan. What is the problem?

 
At 11/29/2011 7:17 PM, Blogger AIG said...

" But he stood up to the wars"

Oh yeah. So did every member of the Socialist Worker's Party. Why aren't they on your list of goodies?

" We simply refuse to bribe butchers to take our side."

No. You take the sides of butchers like Assad, for free :)

 
At 11/29/2011 7:33 PM, Blogger Paul said...

Vangel,

"The attack did originate from Afghanistan so he voted to go and get bin Laden out of Afghanistan."

He voted to invade Afghanistan, to bomb innocent people, but didn't go himself. Chicken hawk! War monger!

"He protested when Bush pulled out the troops when they had bin Laden surrounded to attack Hussein."

Your nonsensical re-writing of history, your penchant for just making shit up, is amusing.

"What is the problem?"

The clownish way your double-standards break for your master and chicken hawk Ron Paul.

 
At 11/29/2011 11:23 PM, Blogger Hydra said...

Yes, the stock market measures expectations. If a CEO gives guidance that expects profits of ten cents per share and he only braings in nine, his stock will get killed. It is all about expectations, never mind he still made a nice profit.

As far as markets go, you should let the stick market rise or call at will, and same with home prices.

Only the market can find the right price.

But the drivers for stock prices and home prices are different. Stock prices depend on dividends and/ or appreciation.

The dividend in a home is that you get a place to live, which is probably worth more than a two or three percent stock dividend.

I guess I don't see the relevance of your analogy, since everyone has to live somehwere but nit everyone has stocks.

 
At 11/30/2011 7:40 AM, Blogger juandos said...

"assume you'll all be pleased to hear that barney, as the Dem ranking member on the financial services committee, will now be replaced by maxine waters.."...

And the difference is what? They're both clueless, criminal, liberal loons...

 
At 11/30/2011 8:15 AM, Blogger Methinks said...

Juandos,

The difference is that Maxine is far more amusing. As long as we're stuck with an idiot, I say it's better to be stuck with one who is at least unintentionally hilarious.

 
At 11/30/2011 8:34 AM, Blogger VangelV said...

Oh yeah. So did every member of the Socialist Worker's Party. Why aren't they on your list of goodies?

On the issue of the war against Iraq and the occupation of Afghanistan the Socialist Worker's Party was right. That makes socialists more than qualified to help reduce the size of military meddling around the world. Their problem comes on the financial responsibility side but on that front they are still not all that different than the Republicans who can't find a way to cut the budget or do anything about the growth of government.

No. You take the sides of butchers like Assad, for free :)

Really? When have I ever said that Assad was right to kill people? Or to meddle in Lebanon? I have friends who were imprisoned and tortured by his father and, unlike you, know what the regime is really like. But I would not waste a single American life trying to replace Assad with another butcher or with a potential puppet who cares more about American government bribes than the welfare of his people or of the American taxpayer who is paying the bribes.

The foreign policy issue is where the Republicans are vulnerable because most voters have had enough of the lies. While it is easy to manipulate their sentiment and get them to support another attack somewhere it is harder and harder to deal with the consequences of such actions. Which is why the last time I looked Ron Paul got three times as much in contributions from men and women in the military than the rest of the chicken-hawks who are running against him combined and more than Obama, who is supposed to be the Commander in Chief that the troops rally behind.

 
At 11/30/2011 9:22 AM, Blogger VangelV said...

He voted to invade Afghanistan, to bomb innocent people, but didn't go himself. Chicken hawk! War monger!

Nonsense. Dr. Paul voted to send the troops in to get the al Qaeda leaders who were hiding in a complex that the US military helped build. There were no innocent civilians anywhere near that place. It was a terrorist base.

Dr Paul has never supported indiscriminate bombing and has been attacked for his opposition to the use of drones because of his claim that they kill innocent people.

Bush was the Commander in Chief. It was up to him and his generals to figure out how to go after al Qaeda and how to hit the Taliban military bases without killing innocent civilians. His incompetence was very clear and while Obama has been better than Bush he is also a war criminal.

Your nonsensical re-writing of history, your penchant for just making shit up, is amusing.

Nonsense. Bin Laden was at Tora Bora and, according to State Department and Pentagon spokesmen, surrounded by elite American and British troops. If we take the Pentagon at is word then it withdrew troops from Afghanistan. For some reason they wound up in Iraq.

Now if we accept the idea that truth is the first casualty of war and the Pentagon lied about its troop size, which is very possible, then it did not commit many soldiers to the Tora Bora fight even though it had a huge number at its disposal. Bin Laden was never in serious danger because he knew the terrain better and was safe from air attacks because of the depth of the cave complex.

I am more than happy to have you choose between the only two options. Either the Pentagon lied and did not commit enough of the troops it had at its disposal because it was distracted by the Iraq conflict or it had enough troops to surround the Tora Bora complex as it claimed but somehow wound up withdrawing them to fight in Iraq. Either way Bush and his generals were idiots and blew the opportunity to kill bin Laden and most of his top advisers when they had the chance. It took Obama and his band of idiots to finally get Bin Laden nearly a decade after he should have been killed by Bush and his generals.

 
At 11/30/2011 10:27 AM, Blogger AIG said...

Vangel, here is your problem. you are a really skillful parrot. You read idioticies on the web, at Lew Rockwell dot com or some other conspiracy loony-toon site...memorize them...and then repeat at every opportunity on the internet as if quoting holy scripture.

You are really dumb. Not just for that reason, but for a lot of others. Another reason why you are really dumb, and this is something you have in common with a lot of your fellow zombie Paulestineans...is that you can't comprehend a simple fact of life: if you take two people, any two people, you will always find an area of agreement between the two. Now it matters a lot whether that area of agreement is really small, or really large.

Paulestineans have no cognitive capacity to recognize degrees of a particular thing. They only understand absolutes. So if they have one tiny thing in common with the Socialist Worker's party, or some other vermin of the type like Kucinich...they jump on their bandwagon and go to OWS to proclaim how "alike we all are". You can't comprehend that they are against the same thing you are against, for a different reason.

Or that simply being against the same thing as you, in 1 instance, is not a reason to hold a monstrously stupid human being like Kicinish as an example of a "good man".

But then again, you are perfectly stupid "libertarian" that the Communists used to use as tools in their "United Front"...and then shoot you in the back of an alley when they were done with you.

You are a tool...in more than one sense.

 
At 11/30/2011 12:46 PM, Blogger Jon said...

The blaming Freddie and Fannie meme survives despite being debunked by every independent study. It stays because it's profitable. It is pioneered by AEI's Peter Wallison. Wallison was a member of the Financial Crisis Inquiry Commission and tried to blame Freddie and Fannie, but even the Republican members of the commission couldn't go along. We have some internal emails from these Republican members of the FCIC and they actually wonder if Wallison is on the take.

Which he is. AEI's efforts to drum up financial support pointed to Wallison's pending apologetics for the financial sector and how he would try and blame government. The evidence was irrelevant, which is why his colleagues found his arguments so bizarre and decided to write a separate dissent to the FCIC's main findings. They didn't want their dissent to be associated with Wallison. AEI needs money and they'll lie to get it. See here and here for sources.

 
At 11/30/2011 3:33 PM, Blogger VangelV said...

Vangel, here is your problem. you are a really skillful parrot. You read idioticies on the web, at Lew Rockwell dot com or some other conspiracy loony-toon site...memorize them...and then repeat at every opportunity on the internet as if quoting holy scripture.

My arguments are based on principle. End of story.

You are really dumb. Not just for that reason, but for a lot of others. Another reason why you are really dumb, and this is something you have in common with a lot of your fellow zombie Paulestineans...is that you can't comprehend a simple fact of life: if you take two people, any two people, you will always find an area of agreement between the two. Now it matters a lot whether that area of agreement is really small, or really large.

It only matters on that issue. The fact that I may disagree with you about your lust for war, which is a huge area, does not mean that I can't agree on reducing taxes. The fact that I think that socialists are out to lunch on economic liberty does not mean that I can't agree with them about their defense of peace or privacy.

Paulestineans have no cognitive capacity to recognize degrees of a particular thing. They only understand absolutes. So if they have one tiny thing in common with the Socialist Worker's party, or some other vermin of the type like Kucinich...they jump on their bandwagon and go to OWS to proclaim how "alike we all are". You can't comprehend that they are against the same thing you are against, for a different reason.

You are confused because for you people are black or white. As I said, there are things on which even a libertarian, a Tea Party member, and an OWS protestor can agree on. One of them is that big business should not be using the taxpayer as a source of free funds. What is wrong about agreeing and stopping the corruption while we keep arguing about other issues?

Or that simply being against the same thing as you, in 1 instance, is not a reason to hold a monstrously stupid human being like Kicinish as an example of a "good man".

You may be right because you might have more information than I do. But from what I have seen of him, he certainly seems to be a good man, at least when it comes to peace, privacy, security, freedom and a few related issues. I would not the same description about Bush, Cheney, Rice, Powell, Obama, Clinton (both of them), Reed, Pelosi, and most members of Congress.

But then again, you are perfectly stupid "libertarian" that the Communists used to use as tools in their "United Front"...and then shoot you in the back of an alley when they were done with you.

Nonsense. I only agree with the socialists on the issue of peace. And I certainly trust them a bit more on the issue of security than I trust the National Socialists who you keep supporting.

You are a tool...in more than one sense.

What you need is a mirror.

 
At 11/30/2011 3:38 PM, Blogger VangelV said...

The blaming Freddie and Fannie meme survives despite being debunked by every independent study. It stays because it's profitable. It is pioneered by AEI's Peter Wallison. Wallison was a member of the Financial Crisis Inquiry Commission and tried to blame Freddie and Fannie, but even the Republican members of the commission couldn't go along. We have some internal emails from these Republican members of the FCIC and they actually wonder if Wallison is on the take.

Nonsense. Many people warned about the Fannie and Freddie problems long before the crisis came. The left wants to absolve itself of blame so it tries to divert attention from the GSEs even though both Clinton and Bush used them to help the Fed blow its bubbles. On this issue both sides are to blame. Had they supported the 2002 bill that would have removed the implicit guarantee from the GSEs the bubble could not have become as large as it did. But both parties were on the take and they got their 'contributions' from the GSEs, banks, brokers, and other well connected players in exchange for looking the other way.

 
At 11/30/2011 8:31 PM, Blogger AIG said...

"It only matters on that issue. The fact that I may disagree with you about your lust for war, which is a huge area, does not mean that I can't agree on reducing taxes. The fact that I think that socialists are out to lunch on economic liberty does not mean that I can't agree with them about their defense of peace or privacy."

You're right...even if the socialist vermin aren't in support of peace or privacy (they're just anti-American). Where tools like yourself are wrong, is that since you agree with them on one thing...you go and sleep with them at OWS, you go and say "you are just like us", and proclaim morons like Kucinish as "good men". That makes you a tool.

I saw plenty of teenage girls waving Ron Paul signs at Occupy Seattle.

"You are confused because for you people are black or white. As I said, there are things on which even a libertarian, a Tea Party member, and an OWS protestor can agree on."

Of course! I agree with Hitler that dogs are nice. I don't go interview Hitler and say "you know, we're kind of alike!"...like that bafoon Gary Johnson did. Or like you who say that Kucinish is a "good man", second only to Ron Paul apparently. That makes you a tool.

"Nonsense. I only agree with the socialists on the issue of peace"

This is exactly why you are a tool :) The "socialists" aren't for peace. They are just against America. The "socialists" are for slitting your throat. But you're enough of a tool to think that because they protest America's wars, that they are "for peace".

Hitler only wanted peace too :)...after he killed everyone he didn't like, there would ultimately be peace.

You and your type are the perfect tools that the communists used in Russia, in Spain, in Germany and wherever else they co-opted naive people like you. You all ended up with a bullet in your head.

 
At 11/30/2011 9:16 PM, Blogger VangelV said...

You're right...even if the socialist vermin aren't in support of peace or privacy (they're just anti-American). Where tools like yourself are wrong, is that since you agree with them on one thing...you go and sleep with them at OWS, you go and say "you are just like us", and proclaim morons like Kucinish as "good men". That makes you a tool.

I saw plenty of teenage girls waving Ron Paul signs at Occupy Seattle.


There is nothing more anti-American than supporting capital destroying foreign wars. That makes you a much bigger vermin than fools who don't understand much about economics.

 
At 11/30/2011 9:29 PM, Blogger juandos said...

jon makes the outlandish claim: "The blaming Freddie and Fannie meme survives despite being debunked by every independent study"...

What absolute drivel!!

Consider the following from Veronique de Rugy: The Truth About Fannie and Freddie’s Role in the Housing Crisis

Separating economic myth from economic fact (6 min video)

 
At 12/02/2011 1:39 PM, Blogger Ron H. said...

Jon: "The blaming Freddie and Fannie meme survives despite being debunked by every independent study. It stays because it's profitable. It is pioneered by AEI's Peter Wallison. "

There were MANY factors that contributed to the financial crisis, not one, and to argue over whether F&F were or were not "the cause" is not helpful. To say that F&F had no part in it, is equally wrong.

To base your dismissal of the "F&F did it" meme on the credibility of one person, Wallison, is to give him too much credit.

You are down in the weeds here, Jon. Many of the details of the financial crisis, and there are many, can be argued endlessly, without gaining better understanding of the bigger picture.

By the way, pointing to your own opinion as a source, doesn't help support your opinion here. Your arguments there, refer to other opinions. After drilling down through 3 levels of links, I haven't yet seen actual data, only more opinions, and as they say, everybody has one. I shouldn't have to work that hard.

Where's the beef, Jon?

 

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