What happened to all of the doom and gloom economic threads?

[NeverEndingMe]

Nah. I'd rather fix this place. I take pride in my home and wouldn't leave just cus it's not perfect, and I'd be damned if I'd leave it in the hands fools who think like you.

what you want, is to make America full of lazy people living off government welfare. you have no drive, no ambition. In your silly little mind you take great pride in handing out free fish that you sold from a fisherman.

You don’t see how hard work, pride makes a person.

You just want shit handed to you.

Therefore you and people like you respect jack shit
you are an sad epic fail

 

[4est_4est_Gump]

Jon Corzine’s MF Global is missing $600 million of customer money, and the bankruptcy trustee has no idea when it might be found or when investors might be paid back, if ever. The New York Times today says that the investigation points to the conclusion that the firm simply misappropriated (that is, stole) customer money to back up failing bets on the distressed bonds of failing European governments.

The former head of Goldman Sachs and Democratic governor of New Jersey presided over a firm that may turn out to have been a criminal enterprise. Maybe the Occupy Wall Street movement should shift venue to the headquarters of the Democratic Party, which has a long pattern of involvement in outright corruption.

If this is the case — and I will patiently await the results of investigation by the proper authorities before coming to any conclusion — the only proper thing to do would be to throw the book at Corzine and his colleagues and put some people in jail for a very, very long time. In response to corporate malfeasance and Wall Street’s misbehavior in the advent of the 2008 crisis, we have had a raft of new legislation and regulation — Sarbanes-Oxley, Dodd-Frank, the Volcker rules, and more minutiae than the battery of corporate lawyers hired by the banks can follow. My few friends still employed in the investment banking industry are making a fraction of what they once did, but their lawyers are getting fat. The last hiring bubble in Wall Street, I’m told, is in risk management and legal services. Remember what Mother used to say: “You can’t have any new laws until you use the old ones!”

There is overwhelming documentation that key Democratic Party figures used government sponsored enterprises — the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) — to corrupt Congress on a grand scale in order to pay themselves spectacular sums. Last year Gretchen Morgenson and Josh Rosner told the sordid story in their book Reckless Endangerment:

The authors, Gretchen Morgenson, a Pulitzer Prize-winning business reporter and columnist at The New York Times, and Joshua Rosner, an expert on housing finance, deftly trace the beginnings of the collapse to the mid-1990s, when the Clinton administration called for a partnership between the private sector and Fannie and Freddie to encourage home buying. The mortgage agencies’ government backing was, in effect, a valuable subsidy, which was used by Fannie’s C.E.O., James A. Johnson, to increase home ownership while enriching himself and other executives. A 1996 study by the Congressional Budget Office found that Fannie pocketed about a third of the subsidy rather than passing it on to homeowners. Over his nine years heading Fannie, Johnson personally took home roughly $100 million. His successor, Franklin D. Raines, was treated no less lavishly.

To entrench Fannie’s privileged position, Morgenson and Rosner write, Johnson and Raines channeled some of the profits to members of Congress — contributing to campaigns and handing out patronage positions to relatives and former staff members. Fannie paid academics to do research showing the benefits of its activities and playing down the risks, and shrewdly organized bankers, real estate brokers and housing advocacy groups to lobby on its behalf. Essentially, taxpayers were unknowingly handing Fannie billions of dollars a year to finance a campaign of self-promotion and self- protection. Morgenson and Rosner offer telling details, as when they describe how Lawrence Summers, then a deputy Treasury secretary, buried a department report recommending that Fannie and Freddie be privatized. A few years later, according to Morgenson and Rosner, Fannie hired Kenneth Starr, the former solicitor general and Whitewater investigator, who intimidated a member of Congress who had the temerity to ask how much the company was paying its top executives.

The quotes above are from a New York Times book review by the Clinton administration’s most left-wing cabinet member, Robert Reich. Congress subsidized Fannie Mae and Freddie Mac, the two agencies skimmed a third of the subsidy, and used it to pay their executives and lobby Congress. The master manipulator in the Morgenson-Rosner story is James A. Johnson, Mondale’s 1984 campaign manager and a top Democratic Party player for decades, who became FNMA chairman in 1990 and created the lobbying behemoth.

http://pjmedia.com/spengler/2011/11...eet-fraud-or-whos-the-mf-now/?singlepage=true

 

[Sean Renaud]

what you want, is to make America full of lazy people living off government welfare. you have no drive, no ambition. In your silly little mind you take great pride in handing out free fish that you sold from a fisherman.

You don’t see how hard work, pride makes a person.

You just want shit handed to you.

Therefore you and people like you respect jack shit
you are an sad epic fail

I want to make America full of inteligent people making the best of their lives. Every citizen of every country is already lazy and living off of government welfare and it's awesome. I have great drive and more ambition than you can imagine. I'm not not an idiot.

Hard work doesn't do shit and pride is often misguided.

People like me build empires. Steve Jobs was part of the herd. Get over it.

 

[NeverEndingMe]

I want to make America full of inteligent people making the best of their lives. Every citizen of every country is already lazy and living off of government welfare and it's awesome. I have great drive and more ambition than you can imagine. I'm not not an idiot.

Hard work doesn't do shit and pride is often misguided.

People like me build empires. Steve Jobs was part of the herd. Get over it.

son, you need to get over yourself and find some help. you want things handed to you. you don't want to work for it. you quit. you blame the system for your failures. get up off your ass and do it.

you are responsible for your success or failures. stop posting excuses

 

[Sean Renaud]

son, you need to get over yourself and find some help. you want things handed to you. you don't want to work for it. you quit. you blame the system for your failures. get up off your ass and do it.

you are responsible for your success or failures. stop posting excuses

I more than want things handed to me. I expect it. I'm an American. I expect that I'm safe at work and at home. I get security handed to me. I expect that if I invent something that you'll need my permission to make it or use it. I'm an American.

You need to start expecting things to get handed to you son. Or else you need to start paying for your security, your roads, your legal system. Either that or join the herd and help us get work done.

 

[NeverEndingMe]

I more than want things handed to me. I expect it. I'm an American. I expect that I'm safe at work and at home. I get security handed to me. I expect that if I invent something that you'll need my permission to make it or use it. I'm an American.

You need to start expecting things to get handed to you son. Or else you need to start paying for your security, your roads, your legal system. Either that or join the herd and help us get work done.

nothing should ever be handed out for free. people should ever expect "free"

there is always a price - why don't you feel responsibility to pay for "it"

Son, remember, no body owes you jack shit. get over it

 

[Sean Renaud]

nothing should ever be handed out for free. people should ever expect "free"

there is always a price - why don't you feel responsibility to pay for "it"

Son, remember, no body owes you jack shit. get over it

Yeah they do. I'm American. My ancestors helped build this country and I'm here to collect. Just like they did, just like you do. There is a price, it's called taxes and it deals with the stuff that I expect to get because I woke up. Sure in a sane world we'd get a bit more than we do but what we get now is what we are owed.

Stop being a moron Jen.

 

[RightField]

http://pjmedia.com/spengler/2011/11...eet-fraud-or-whos-the-mf-now/?singlepage=true

Jon Corzine’s MF Global is missing $600 million of customer money, and the bankruptcy trustee has no idea when it might be found or when investors might be paid back, if ever. The New York Times today says that the investigation points to the conclusion that the firm simply misappropriated (that is, stole) customer money to back up failing bets on the distressed bonds of failing European governments.

The former head of Goldman Sachs and Democratic governor of New Jersey presided over a firm that may turn out to have been a criminal enterprise. Maybe the Occupy Wall Street movement should shift venue to the headquarters of the Democratic Party, which has a long pattern of involvement in outright corruption.

If this is the case — and I will patiently await the results of investigation by the proper authorities before coming to any conclusion — the only proper thing to do would be to throw the book at Corzine and his colleagues and put some people in jail for a very, very long time. In response to corporate malfeasance and Wall Street’s misbehavior in the advent of the 2008 crisis, we have had a raft of new legislation and regulation — Sarbanes-Oxley, Dodd-Frank, the Volcker rules, and more minutiae than the battery of corporate lawyers hired by the banks can follow. My few friends still employed in the investment banking industry are making a fraction of what they once did, but their lawyers are getting fat. The last hiring bubble in Wall Street, I’m told, is in risk management and legal services. Remember what Mother used to say: “You can’t have any new laws until you use the old ones!”

There is overwhelming documentation that key Democratic Party figures used government sponsored enterprises — the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) — to corrupt Congress on a grand scale in order to pay themselves spectacular sums. Last year Gretchen Morgenson and Josh Rosner told the sordid story in their book Reckless Endangerment:


Quote:
The authors, Gretchen Morgenson, a Pulitzer Prize-winning business reporter and columnist at The New York Times, and Joshua Rosner, an expert on housing finance, deftly trace the beginnings of the collapse to the mid-1990s, when the Clinton administration called for a partnership between the private sector and Fannie and Freddie to encourage home buying. The mortgage agencies’ government backing was, in effect, a valuable subsidy, which was used by Fannie’s C.E.O., James A. Johnson, to increase home ownership while enriching himself and other executives. A 1996 study by the Congressional Budget Office found that Fannie pocketed about a third of the subsidy rather than passing it on to homeowners. Over his nine years heading Fannie, Johnson personally took home roughly $100 million. His successor, Franklin D. Raines, was treated no less lavishly.

To entrench Fannie’s privileged position, Morgenson and Rosner write, Johnson and Raines channeled some of the profits to members of Congress — contributing to campaigns and handing out patronage positions to relatives and former staff members. Fannie paid academics to do research showing the benefits of its activities and playing down the risks, and shrewdly organized bankers, real estate brokers and housing advocacy groups to lobby on its behalf. Essentially, taxpayers were unknowingly handing Fannie billions of dollars a year to finance a campaign of self-promotion and self- protection. Morgenson and Rosner offer telling details, as when they describe how Lawrence Summers, then a deputy Treasury secretary, buried a department report recommending that Fannie and Freddie be privatized. A few years later, according to Morgenson and Rosner, Fannie hired Kenneth Starr, the former solicitor general and Whitewater investigator, who intimidated a member of Congress who had the temerity to ask how much the company was paying its top executives.

The quotes above are from a New York Times book review by the Clinton administration’s most left-wing cabinet member, Robert Reich. Congress subsidized Fannie Mae and Freddie Mac, the two agencies skimmed a third of the subsidy, and used it to pay their executives and lobby Congress. The master manipulator in the Morgenson-Rosner story is James A. Johnson, Mondale’s 1984 campaign manager and a top Democratic Party player for decades, who became FNMA chairman in 1990 and created the lobbying behemoth.

This is the kind of thing that happens when you put money in the hands of democrats or give them responsibility. Note Solyndra also.

 

[unregistered]

 

[NeverEndingMe]

Yeah they do. I'm American. My ancestors helped build this country and I'm here to collect. Just like they did, just like you do. There is a price, it's called taxes and it deals with the stuff that I expect to get because I woke up. Sure in a sane world we'd get a bit more than we do but what we get now is what we are owed.

Stop being a moron Jen.

help you collect what? did they your "ancestors" leave you money, property, assets? society owes you nothing

when will you lean that I'm not Jen, Merc

 

[NeverEndingMe]

so as a whole society, Cuba gets better health care but more people die in Cuba of hunger

I believe that one can be a non partisan dupe:


Cuba Has Better Health Care than the United States?

Cuba has great socialized medicine — much better than the half-socialized system the United States has, according to Michael Moore and his documentary "Sicko."

"They believe in preventative medicine," Moore says in his movie. "And it seems like there's a doctor on every block."

To prove his point, Moore took some sick 9/11 rescue workers to Cuba. The group, with a camera crew tagging along, was treated at a showcase Havana hospital.

"I asked them to give us the same exact care they give their fellow Cuban citizens. No more, no less. And that's what they did," Moore insists in the movie.

I asked him if he really believes that.

"Oh, I know that's what they did," he told me. "One of the 9/11 rescue workers sneaks out of her hospital room, goes downstairs and pretends to be sick. She said the same exact process took place."

I suggested that was because Cuban authorities send tourists and dignitaries to special clinics.

"They didn't send us there. We went to a number of clinics," he said.

It's an average hospital?

"Yes, they have a clinic in every neighborhood in Cuba. This isn't just me saying this, you know. All the world health organizations have confirmed that if there's one thing they do right in Cuba, it's health care. There's very little debate about that."

Oh, there's plenty of debate.

Cuban-born Dr. Jose Carro, who interviews Cuban doctors who have moved to the United States, says Moore's movie lies. Dr. Darsi Ferrer, a human-rights advocate in Cuba, told us that Americans should not believe the claims being made. He describes the Cuban people as "crazy with desperation" because of poor-quality care.

George Utset, who writes The Real Cuba Web site [www.therealcuba.com/], says Moore and his group were ushered to the upper floors of the hospital, to rooms reserved for the privileged. "They don't go to the hospital for regular Cubans. They go to hospital for the elite. And it's a very different condition," Utset says.

For ordinary Cubans, health care is different.

A YouTube.com video [http://*******.com/3c4pzg], (this link is no longer there, see below) posted by a woman from Venezuela, purports to show the two forms of health care, one for the privileged who pay in dollars and a far inferior one for regular Cubans.

Moore claims Cubans live longer than Americans. It's true that a U.N. report claims that. But the United Nations didn't gather any data. "The United Nations simply reports whatever the government in Cuba reports, so we have no objective way to know what the real statistics are," Carro says.

Exactly. Communist countries are famous for hiding the truth. Twenty years ago, when I reported from the Soviet Union, officials insisted there were no poor people in Russia, but they refused to let me look for myself.

Why would we believe the Cuban government's health statistics?

Cuba claims it has low infant mortality, but doctors tell us that Cuban obstetricians abort a fetus when they think there might be a problem. Dr. Julio Alfonso told us he used to do 70-80 abortions a day. And here's an even more devious way of distorting infant-mortality data: Some doctors tell us that if a baby dies within a few hours of birth, Cuban doctors don't count him or her as ever having lived.

Moore told me: "All the independent health organizations in the world, and even our own CIA, believe that the Cubans have a pretty good health system. And they do, in fact, live longer than we do."

But the CIA does not claim that Cubans live longer than Americans. In fact, the CIA says Americans live longer.

When I pressed Moore, he backed away from the claims his movie makes about Cuba. "Let's stick to Canada and Britain," he said, "because I think these are legitimate arguments that are made against the film and against the so-called idea of socialized medicine. And I think you should challenge me on these things, and I'll give you my answer."

Next week in this column, and this Friday on "20/20," I'll take him up on that challenge.

John Stossel is co-anchor of ABC News' "20/20" and the author of "Myth, Lies, and Downright Stupidity: Get Out the Shovel — Why Everything You Know is Wrong," which is now out in paperback. To find out more about John Stossel and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com.

http://www.creators.com/opinion/john-stossel/cuba-has-better-health-care-than-the-united-states.html

Checkout the Video with Moore here:

http://www.youtube.com/watch?v=o6ZH1ps20WA

and the follow on:

http://www.youtube.com/watch?v=kf3MtjMBWx4&feature=related

 

[unregistered]

 

[cheesehead2]

so as a whole society, Cuba gets better health care but more people die in Cuba of hunger

True, but they get a good cigar before they pass.

 

[patrick1]

I believe that one can be a non partisan dupe:


Cuba Has Better Health Care than the United States?

I too believe that one can be a non-partisan dupe. These are four-year-old videos you're sending, in which the interviewer of Michael Moore implies he knows things, by asking questions in a certain way, which are never revealed to us, an old cheap journalistic trick, but not very informative.

Michael Moore is not an especially nice person: what can I say? He doesn't represent me.

Where does that leave us? On the specific issue of Cuban health care compared to the USA's, I believe the data suggest Cuba is better, with a lower rate of infant mortality and a higher life expectancy.

As ever, evidence to the contrary is welcome, but I don't feel old newsreels are evidence.

Patrick

 

[patrick1]

Only the terminally naive can believe that Cuba has a superior health care system. When Castro himself has to come to the U.S. to get his battered sphincter fixed, and then off to Venezuela to be treated for cancer.

Evidence is always welcome fot these claims.

Patrick

 

[patrick1]

Only the terminally naive can believe that Cuba has a superior health care system. When Castro himself has to come to the U.S. to get his battered sphincter fixed, and then off to Venezuela to be treated for cancer.

I think you are muddled here, and have the answer the wrong way round. Chavez, the Venezuelan leader, went to Cuba for cancer treatment. I don't believe many people go to Venezuela for cancer treatment, it's quite a lot worse than both Cuba and the USA. But correct me if I'm wrong.

Patrick

 

[NeverEndingMe]

Evidence is always welcome fot these claims.

Patrick

I cannot see how anyone would ever want to live in Cuba or any socialist country

 

[IrezumiKiss]

Stop being a moron Jen.

It's easier for a camel to walk through the eye of a needle.

 

[NeverEndingMe]

ah yes, another carpet bagger

It's easier for a camel to walk through the eye of a needle.

 

[IrezumiKiss]

^^^ quod erat demonstrandum.

 

[4est_4est_Gump]

This is the kind of thing that happens when you put money in the hands of democrats or give them responsibility. Note Solyndra also.

Agreed.

Look at their Super Committee antics. Nothing but election-year politics and the blame game...

 

[NeverEndingMe]

Agreed.

Look at their Super Committee antics. Nothing but election-year politics and the blame game...

is there a secret school that socialist nut jobbers go? the blame game is what izzy, UD, Merc/Celeb, Sean, Bronze,Roy..... this is all that they do!

if only we had an American President that would lead, instead the yellow belly obama hides

 

[4est_4est_Gump]

It's no secret, it's out in the open.

The only economics taught by the government and liberal-controlled schools are the economics of the seen and the emotional; just the scratching of the surface and that is sufficient ammunition for the socialist mind.

Don't you dare judge us by our result, judge us by our intention...

 

[NeverEndingMe]

It's no secret, it's out in the open.

The only economics taught by the government and liberal-controlled schools are the economics of the seen and the emotional; just the scratching of the surface and that is sufficient ammunition for the socialist mind.

Don't you dare judge us by our result, judge us by our intention...

what we need is for these people to spend quality time with Dr. Phil. he can bitch slap some of these 5150 people back into reality, or prescribe them the proper drugs

 

[4est_4est_Gump]

You have to take the red pill...



Most people want the blue pill.