RoyalOrleans

What kills me, TJ takes the weight of what I (or anyone else) take the time to carefully think through, research, and post, and turns it into his own little rant of bullsh!t and hearsay. Such as, TJ saying that you voted Democrat or Liberal because of some feeling of guilt. WTF? But, but, but... wait! It gets worse and his hypocrisy knows no bounds.

Bottom line: I certainly would not behave as the Professor did, and I would indeed be grateful and polite to the cops and the neighbor for looking out for me, but that's not the point and neither is the professor's belligerence and racial freak-out. I am not advocating rudeness to the police who have to deal with all kinds of crap each day, not in the least. But if a man wants to act like a disrespectful asshole on his own property, it is his right to do so. Even assholes have rights. So.... drop it, TJ. You have talked the same points ad nauseum and quite frankly, you sound like a duck. Quack! Why'd I say that? I know you're not big enough to drop the issue and move on. Nope. You'll harp on the issue until IWS or Bender closes the thread, because that is the kind of asshole you are. So let's hear it... you blabbermouth, can't-shut-up, cokksucker...

Yes, they most certainly are human. And I applaud him for being a fukken human being, but he is also a civil servant who is paid with tax payer dollars. A little humility and restraint goes a long way. The number one reason that kept me from pursuing a career in law enforcement, or related fields, after my service in the Gulf, was the urge to beat on certain types.

Is this cash for clunkers program actually going to impact the number of car sales? It will affect only the timing of new car sales, not the total sales. Cash for clunkers is Obamanomics in microcosm

Yes, there is plenty of blame to go around. The origins of this crisis go back to the CRA ("Community Reinvestment Act") passed late in the Carter administration, and given teeth under the anointed Clinton. The Great and Powerful Obama was the legal representative pushing Acorn's case that granted CRA teeth to block mergers, expansions and other general business practices of any bank or agency providing consumer mortgages if they didn't also provide graft, um, loans to otherwise unqualified people. They accomplished this by personally attacking the bank\instiution's executives and families (not unlike Hitler's Brown Shirts back in the day). In the end, companies like Bank of America (BAC) set aside billions and handed it to Acorn to allow them to underwrite the loans, which (BAC, others) would then carry. VERY VERY bad business, but this is what you get for knuckling under to blackmail. An old saying; once you pay the Dennegeld, you never get rid of the Dane. Basically, once you pay a ransom, it never goes away, just continues to rise just like dealing with any other type of playground bully. So; we have the Feds creating pressure from one direction and tacit allowance of blackmail and personal attacks from Acorn on the other. Then the FED gets involved and starts dropping interest rates, making mortgages less expensive (in the near term). On the other side, the banking lobby gains permission to create derivatives to spread the risk (and add leverage) to their increasing portfolio of high-risk "sub-prime" mortgages that they have to carry in order to comply with new Banking regulations coming out of the Senate Banking committee, headed by Barney. Add to this mess, Fanny and Freddie are the prime purchasers of these sub prime mortgages, which creates the market furor. Until Fannie and Freddie were ordered by Frank's committee to increase dramatically its portfolio of sub-prime mortgages (to the tune of a trillion initially, to a similar target annually ) there was a limited market for sub primes. Now the originating banks can get the initial fees, then sell the mortgages\securities packages to Fannie and Freddie. Once a liquid market was created other investment houses (US and otherwise) got in the act as the securities could be traded much like other bonds. This entire furor was pushed and then cheer leaded by Congress and the Fed's artificially low rates. Now the house of cards has collapsed, and we've, against all logic, bought out the over leveraged insurance and banks. A curious aside; before Obama took office, the Democrat Congress wouldn't allow a change to the financial reporting methods under which the banks were required to value their bonds and other assets at current liquid market prices (mark-to-market). This meant that one month you had a billion in mortgage backed assets, then the market siezes, and no one wants to buy so suddenly they are worth zilch, zero, nado, zip, et al. Balance sheets are bad and the market crashes (just before an election). This is silly; just because you can't sell your house in a day, doesn't mean that it has no value. Once Obama took office, this rule was changed... magically balance sheets are "healthier". Ask this very quietly, could this crisis have been manipulated for political gain? NOW... Republicans on the House Oversight panel are finally getting down to business on what caused the initial housing crisis that led to the collapse of the economy. A new 26-page report highlight's the government's role in trying to increase sub-prime home ownership. Michelle Malkin has some details: Political pressure led to the erosion of responsible lending practices: In the early 1990s, Fannie and Freddie began to come under considerable political pressure to lower their underwriting standards, particularly on the size of down payments and the credit quality of borrowers. (p.6) Lower down payments led to housing prices that outpaced income growth: Once government-sponsored efforts to decrease down payments spread to the wider market, home prices became increasingly untethered from any kind of demand limited by borrowers' ability to pay. Instead, borrowers could just make smaller down payments and take on higher debt, allowing home prices to continue their unrestrained rise. Some statistics help illustrate how this occurred. Between 2001 and 2006, median home prices increased by an inflation-adjusted 50 percent, yet at the same time Americans' income failed to keep up. (p. 11) Members of an "affordable housing" coalition shared profits with political allies to help legitimize their business practices: Fannie Mae created and used The Fannie Mae Foundation to spread millions of dollars around to politically-connected organizations like the Congressional Hispanic Caucus Institute. It also hired well-known academics to give an aura of academic rigor to policy positions favorable to Fannie Mae. One paper coauthored by now-Director of the Office of Management and Budget Peter Orszag, concluded that the chance was minimal that the GSEs were not holding sufficient capital to cover their losses in the event of a severe economic shock. The authors suggested that "the risk to the government from a potential default on GSE debt is effectively zero," and that "the expected cost to the government of providing an explicit government guarantee on $1 trillion in GSE debt is just $2 million." (p.7) The Government Sponsored Enterprises led the way into the housing crisis: Fannie Mae and Freddie Mac were leaders in risky mortgage lending. According to an analysis presented to the Committee, between 2002 and 2007, Fannie and Freddie purchased $1.9 trillion of mortgages made to borrowers with credit scores below 660, one of the definitions of "subprime" used by federal banking regulators. This represents over 54% of all such mortgages purchased during those years. (p.24)

Ohhh... no! I sodomize it, so that it is nice and tender.

If you happen to show up before I can get there, you know: the whole irresponsible penis deal impregnating yet another would-be prom queen, mention my name and you'll get a good seat. Yeah... those evil, greedy, rich bastards always get the luxury suite. Since my "Frequent Abortion" card has been punched nine times, the tenth is free! Free! Fukken gratis! Afterwords we'll visit that country buffet!

I'd put a dollar in your garter, you sexy muthafukka! Owww! Then I'd expect seventy-five cents back. "Toombstoone"?

That's why I buy the economy sized peanut butter drums at Costco or Sam's, because there is so much more to love.

I'm feeling a'might peckish. I could go for a dolphin and onion sammich.

Well look at what we have here .. a government program that couldn't be properly executed. I'm sure you've been following the giant "oops" that is this "cash for clunkers" deal. The first sign that things were going bad happened when the EPA decided to change which cars were eligible for the program AFTER it had already started. Then the $1 billion allotted to the program quickly disappeared. Then we have government computers that couldn't handle the work. Finally cash-for-clunkers became the clunker. So what's the logical next step? Let's ask for more money! So the House voted on Friday to give the program another $2 billion. Now it is on to the Senate where it may not be as easy to pass. If it doesn't pass in the Senate, Transportation Secretary Ray Lahood says that the government would probably then kill the program. Meanwhile, car dealerships are left to figure out what to do. Are you paying attention to this? The whole cash-for-clunkers bit shut down last week because of government bureaucracy and a little problem about running out of money. For generations car salesmen in every corner of this country have been handling the paperwork required to trade in an old car for a new one with ease. After all, how many of you have ever visited a car dealer wanting to trade in a clunker on a new car, only to be told to go away because they just can't process your paperwork. But ... put government into the equation and what happens? All hell breaks loose, that's what happens. The Imperial Federal Government of the United States interposed federal red tape into the middle of the buyer-used car salesman transaction and everything ground to a screaming halt. How much paper and red tape? Try 130 pages of regulations for a start. How many car salesmen do you think have to deal with a 130-page rule book when they take a car in on trade for a new one. Now John McCain is likely to filibuster any proposal in the Senate for new money. The Republicans are playing this one up as just another example of government's inability to run anything efficiently. Considering the current healthcare debate, this does not bode well for the Obama administration that wants the government to be in charge of your healthcare. Jim DeMint is one of those Senators who are drawing the comparison. He says, "The federal government went bankrupt in one week in the used-car business, and now they want to run our health care system ... This is crazy to try to rush this thing through again while they're trying to rush through health care, and they want to get on to cap-and-trade electricity tax. We've got to slow this thing down." OK ... so the government screwed things up royally when politicians inserted government into car sales. Just what in the hell do you think is going to happen when we insert even more government into your relationship with your doctor? If government bureaucracy screws up a car sale, think of what it is going to do for a treatment plan for your cancer.

Will this allow for some competition within the "letter carrying" industry? Nope! Not as long as it is publicly funded with tax dollars there won't be any fair competition. Sure, I know you can send a letter FedEx or UPS, but does every American have access to a drop off. The pimps at the USPS have mailboxes, but other parcel services have a drop off box near a Captain D's, an Old Navy, or a strip mall.

The conversation we ought to be having in response to the July 16 incident and its heated aftermath isn't about race, it's about police arrest powers, and the right to criticize armed agents of the government. The Henry Louis Gates "Teaching Moment" - Read it! Seriously. I call a spade, a spade and things as I see them. Regardless of how insane Gates little temper tantrum was, the cop could've got back in his cruiser and left the scene. Aren't police officers trained or schooled to difuse such situations professionally? Professionally? On my own property and on my own land, I should be able to curse a police officer up and down if I so desired. Ohhh... and I'm half hillbilly and hillbillies don't like cops (a peace officer is a wholly different discussion).

Did you know that I love peanut butter?

Don't you mean, "What was the cow referring to?". I'll answer that in one word: depleted nipples. Ok... that's two words, but you get the jist of it, I'm suspicious.

Tami? Ali? Cookie? Cinnamon? Gigi? Crystal? Eddo? Sounds like the starting line up down there at the "Jiggly Room".

I've already written the check out to the "International House of Abortions". Booth or table?

Is it at all possible to give yourself a new username without canceling the account? If so, might I suggest to Timesjoke a name change to "JustBS'Joke"?

I'm sure you could make your own, at home, with the help of a "Big 'uns" and a tube of KY.

.

An august beginning to his tenure! May his ego never whither.

Ohhh dear God. Declare, you mutt, or prepare for eternal fukken silence.

Well... you can't give the medal to every Tom, Dick, and Harry that has served, fought, died, or wounded in the line of duty. You just throw those things around and they become wooden nickels or daytime Emmys.

Wow... that's a shocker! Ok... I'm calm... just those evil, greedy rich people, right? (Please note: sarcasm is hard to convey over the interweb.)

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