Conservatives: Out & Proud?

BEARS wrote:

Nobody that matters wrote:

BEARS wrote:

Nobody that matters wrote:

BEARS wrote:
And those kind of conservative workers, if they stayed around were constantly buying new tires and windshields

I always thought union types were just close-minded thugs that couldn't express themselves in any better way than vandalism. Thanks for reinforcing my opnion.

Ya just can't talk to some people..They just don't get the message that way..There are better ways to communicate with them sometimes

Further reinforcement of my already dim view of union thugs.

I'll bring that back to the membership so we can all get our feelings hurt

lol

I'll keep an eye on my tires and windshield.

I don't need to comminicate with you, or anybody else here..And furthmore i'm talking about things that occured back in the day..Well over 7 years ago

AspenValley wrote: OMG, PS, are you going to drag out that tired old (and thoroughly discredited, I might add) chestnuty whine that the government supposedly "forced" the banks to make all those terrible loans? And I suppose they forced them to dice them up, repackage them, and sell them as solid gold, too?

The fact that NO ONE has gone to jail for any of that fraudulent activity rather supports my contention that the government and business are in fact in a state of merger, now doesn't it?

Ironic that it is the federally chartered, government sponsored and implicitly guaranteed, enterprises that originally repackaged the loans it had bought in the secondary mortgage market, its primary role as defined by its government charter I might add, and then sold that repackaged entity as a solid gold security that lies at the root of the entire problem, isn't it. If I sell you some solid gold bars, why would it be harmful if you "dice them up, repackage them, and sell them as solid gold, too?" There wouldn't be any problems with doing that - unless, of course, what I sold, and guaranteed, to you as "solid gold" bars was instead a gold alloy and not solid gold.

Let's see here. The Congress required their GSEs to have at least 55% of the loans they purchased on the secondary mortgage market be to lower and middle income sectors. Since there were not sufficient numbers of these who would qualify for traditional mortgages, these GSEs told the loan originators that they would purchase the loans even if the down payment was drastically lower or entirely absent, they would buy loans that were based on stated income and they would buy loans that were speculative in nature (fix and flips). These federally chartered and federally guaranteed GSEs then bundled these loans into mortgage backed securities that carried an implicit federal guarantee on their value, which financial institutions then purchased from the GSEs and added to their asset columns (they were implicitly guaranteed by the full faith and credit of the US government after all - the next best thing to gold there is, or at least was), assets which in turn dictated, according to federal regulations and guidelines, how much money they could loan out. And you want to imply that the fault lies with the private lenders instead of the federally chartered and implicitly guaranteed GSEs and the federal government?

If I walked up to you in the casino and told you that as long as you played roulette I would protect you from any loss of your own capital and at the same time allow you to keep any winnings, would you play roulette all night or walk over to shoot some Craps? Why would you think a financial institution would behave any differently?

BEARS wrote: I don't need to comminicate with you, or anybody else here..And furthmore i'm talking about things that occured back in the day..Well over 7 years ago

No your not just talking about 7 years ago- this stuff is still going on and it's not like a secret or anything. You guys are serious about it- and individualists are serious about their ideology.

Just for your info- I have been in charge of managing big construction projects with union labor and had my life threatened in meetings at the same table directly in front of both city officials and a team of lawyers. Talk about stupidity- but this is the union mentality.

My tires were never touched- and my windshield never broken- and I'm still alive. I was always ready for whatever they were going to throw at me.

Who's tougher?

LadyJazzer wrote: Ah, yes, the post that was exposed as being a total fabrication... I remember that post.

Yes, I understand that....but there is still a lesson on how people can be, which is why the tale was interesting in the first place. It can and does happen, not that much of a stretch. I laid off many people before the crash due to excess regulations, thus the regs helped me avoid the firing associated with the crash, and increased my profits, but say my business was doing poorer than before. If I felt that someone supported a politician that caused me harm, I would be inclined to fire them first all other things being equal. It is not that unrealistic at all. You can fire for a personality conflict with the boss. There was a local rep that pushed a union rule that really hurt my business. The week that was happening, if any employee had been outspoken for him or his D party...it would not have worked well for him (yes, I have only employed men, despite efforts otherwise).

Oh, good... I'm glad "you understand that"... So, we both know that was a total fabrication. Great story to tell, though... ZZZZzzzzzz

AspenValley wrote: This trend did not begin under Obama but it certainly became clear that it was becoming more entrenched after his election. A lot of people's "disappointment" with Obama is really the slow dawning that it doesn't really matter who is in the White House since he (or she) isn't really the one pulling the strings anyway anymore.

I would tend to agree with that, which is why we need an actual leader to run for the presidency. I really believe someone like Christie would have been a leader, not a hand puppet of either the unions or anyone else.

2012 is shaping up to be a contest between someone running us over the cliff full speed, and someone who would rather do it in third gear.