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Wall Street back under scrutiny as Obama begins overhaul

US News

Feb 26, 2009, 1:36 GMT


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lanceFeb 26th, 2009 - 03:22:56

Jesus bombs. Dead babies. North Korea. willfully ignorant typical american citizens. more dead babies.

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SP4; uh...sure LanceFeb 26th, 2009 - 13:00:34

..not that any of that has to do with tha article above....by the way, how's the dissertation on Bush breaking the Bank of England coming along? You need to get busy Lance.

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@sp4Feb 26th, 2009 - 13:29:03

And how is your education going ?Found out why Japan never planned to invade your country?Found out why snowfall does NOT mean Antarctica can not experience global warming ?Found out why the world went into a major economical crisis shortly after you claimed 'the economy is going through the roof' in spite of every factor pointing differently ?Your expertise concerns more things like watching paint dry....Have you finally accepted the fact that Iraq had no WMD,that the invasion of it was poorly planned,that torture is a formula for failure that tortured people will confess to anything asked,that Abu Graibh is a scandal...Your track record consists only of GOP propaganda.Poor lost soul yourself.May somebody find pty for your stupidity....

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SP4: Yes I doFeb 26th, 2009 - 14:02:48

@sp4Feb 26th, 2009 - 13:29:03

And how is your education going ?Found out why Japan never planned to invade your country?

SP4 - Gen. Tojo said that, not me...and he DID say it.

Found out why snowfall does NOT mean Antarctica can not experience global warming ?

SP4 - never said that it did, except you cannot have glacial calving and glacial recession at the same time...

Found out why the world went into a major economical crisis shortly after you claimed 'the economy is going through the roof'

SP4 -the previous still produced record employment, record tax receipts, record housold wealth and record GDP growth, which would still be the case were Barney Frank and Chris Dodd not to have ruined the banking industry. Bush and McCain warned you and now they laugh in your faces...

and read the reply at the end of this post

in spite of every factor pointing differently ?

SP4 - try to differentiate 'then' and 'now' also, read the end of the post

Your expertise concerns more things like watching paint dry....Have you finally accepted the fact that Iraq had no WMD,

SP4 -except for the glaring fact that over 500 were discovered, a fact the libnazi left just cannot seem to accept

that the invasion of it was poorly planned,

SP4 - actually, the invasion was a success, with record ground covered in record time. What planet do you live on? By the way professor...we won in Iraq. Now run back and figure out how to rob the troops of their victory. Hurry, before prosperity comes to Iraq...and notice the libnazi left has no more antiwar sentiment...golly...what a surprise...

that torture is a formula for failure

SP4 - what torture?

that Abu Graibh is a scandal...

SP4 - you mean like white water, Chinese and russian campaign funds for influence, Mr. Hsu, Pardon of Puerto Rican terrorists, Tony Rezko, Countrywide, the Blagojevich gag order, all the new Obama appointees tax situation,...Tommy Daschle and Homestake....that kind of scandal?...or was Abu just a couple of dickheads who got out of control?


Your track record consists only of GOP propaganda.

SP4 - Read the above and below

Poor lost soul yourself.May somebody find pty for your stupidity....

SP4 - Oh Yes Prfofessor, I rarely hear libnazis calling people stupid once their arguments are dismembered.

Now, inform yourself:

This was preventable.Sep 21st, 2008 - 01:59:13
John McCain predicted Fannie Mae and Freddie Mac crises, pushed 2005 legislation to prevent trouble:

The 'FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT OF 2005' would have headed this off but it was killed in the Committee on Banking, Housing, and Urban Affairs by Chris Dodd who recieved the most money from Fannie Mae and Freddie Mac.

President Bush sought to rein in Fannie and Freddie in 2003.

The Democratic response to Bush in 2003:

“These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. “The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

Representative Melvin L. Watt, Democrat of North Carolina, agreed.

“I don’t see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,” Mr. Watt said.




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SP 4: no faithFeb 26th, 2009 - 17:37:55

I have no faith and no confidence in this porch monkey who thinks he is president of my country.

We have to combine our strengths to oppose his vision and his actions.

We simply cannot allow a descendant of an ape rule over us.

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@sp4Feb 26th, 2009 - 18:02:15

Poor lost soul.Tojo never ever considered invading the USA,he even opposed invading Australia ,which was much closer and less populated and I'll give you a hint...it was not because the ozzie farmers were armed to the teeth .
You really need an education ,your silly ranting is an embarrassment for other americans .The rest of your silly ranting even doesn't deserve a rebuttal .,you are the only person in the world who believes in such fairy tales...the world moves on without you,and so does the USA,fortunately.

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carlFeb 26th, 2009 - 18:48:37

back to the lance & sp4 show after this important message don't touch that dial.

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TruebritFeb 26th, 2009 - 19:16:56

Not-so-very-dear SP,

I have now submitted several posts to this site. I admit that many of them have been unfavourable to your viewpoint. This is because of your habit of talking b*ll*cks on subjects about which you know, it would seem, very very little indeed. I see you are still at it.

Nevertheless, “God loves a ‘tryer’” as we say over here, and when you invited me to apply my “razor sharp insight” I felt it would be churlish not to respond. So I wrote a little piece. Nothing fancy. Just a simple critique of an everyday news report. I kept it reasonably brief, wound it up with a bit of elementary analysis, and cross-referenced it all
paragraph by paragraph (See para 20, etc) with the report itself. What did I get in return?

“Truebrit….” (er.. um.. er? ) “…has merit in what he says.”

Didn’t understand a word, did you?

I can just envisage the scene.

SP: “Whussis h’yar then?” …”Hell! Thet goddam limey pinko Libnazi psoodo- intelectool agen!” ???? ……”Whar’s he a-commin’ from this time?” ….”Exercisin’ his “razor-sharp- insight” eh???? (THINKS: heh-heh-heh!… thet’s one hell o’ a tag ya finded, ol’ SP, .. thet allus gets ‘em, Yessirreeee!!!… ???? (wunner whit an “I-n-s-i-g-h-t” is???, ..like a foresight or a backsight mebbe but sorta half way ‘long the barrel?) … barrel??, hell, I plum fergit, Mr huntin rifle could do wi’ th’ol oily rag agen)…….. ……. !!!!! ”WHUT GOIN ON H’YAR THEN!!” .. “BILLIE-SUE!!! I TOL’ YA, DON’ PLAY LIKE THET WI YO POPPA’S RIFLE!” ….. …” YA HOLD IT BY THE OTHER END!”… “C’mon now c’mon, give it h’yar… NO DON’T UNLOAD IT!!!…” “an unloaded gun is like a car wi’ no gas in the tank.”… “Now run along t’ yo bed now, it’s 6.30pm an’ y’ know ya got pre-school in the mornin’.”…… “Right, now fer thet psoodo-int’lectool limey sonnab*tch!!”….. ( ???????????? !!?????….. …???$$!?????… whut the h*ll is he onnabout?.. …”stage in the economic cycle???”… …”Whut’s Harley D’s got to do with it?? th’article’s about GM and Chrysler fer Chrissakes!”….. …”Para 14,… …Para 6?… ..Para 20!!??????”
“C’mon SP boy, Yoo c’n do it…. …s’fo THE GOP.” … ….”Um, best be careful tho, the guy’s got 20 Paras backin’ him”….. …. “Wunner which reg’ment thar from????”…. …”Ah, I got it!!!!”

“Truebrit has (er. um.. er?) merit in what he says.”

“Thet’ll fix the b*st*rd!!!”

Toodle Pip

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SP4 is still claiming they actually found WMDs? HaFeb 26th, 2009 - 19:16:59

SP4 ... You're still shamelessly (and stupidly) claiming that 500 rusty, empty and useless artillery shells are the WMDs Bush claimed were an 'imminent threat' to western civilization?

That's hilarious. Pure Comedy.

Even Bush doesn't have stupidity to try and call them 'WMDs' (yes SP4 ... you surpass Bush on stupidity ... and yes that makes you wrong, again)

Clue for Mr. Clueless (aka SP4) : a few (by battle standards - only minutes worth) useless artillery shells are NOT 'mushroom clouds' or 'mobile chemical manufacturing facilities' or 'Yellow Cake' etc.

You know that ... but you also don't have the self-respect, or self-control to stop making yourself a public idiot.

How many times did your momma hit you with that Stupid Stick anyway?

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To TruebritFeb 26th, 2009 - 21:29:53

Thank you for the poignant post to SP4.

Absolutely love your effort to speak to SP4 in his own language!

I'm still laughing!!!!

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@sp4Feb 26th, 2009 - 21:41:15

Just for the sake of simple fun:
'you cannot have glacial calving and glacial recession at the same time...
dixit the authority on the subject SP4.
It will probably not escape to the attention of the rest of the universe that calving of the ice and recession of the icecaps go hand in hand not hindered by the theories of SP4 .
Take a piece of ice,break it,it is calving,it is also rededing as part of it is gone .Too difficult to be understood by SP4 that is ,but not lost to the rest of humanity .As usual when caught in an act of ignorance the escape route leads him into spouting even more stupidity .There is nobody else like him .

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dollar votingFeb 26th, 2009 - 22:59:27

The more investors see of the Obama administration, the more they are running for the exits.

These are folks voting with their dollars. Dollar votes are the most-careful, least-manipulated votes anyone makes.

All you lovers of 'Obama the Wise' need to wise up. Take a look at your 401k statements and see what your wonder boy has done for you lately.

ROFLMAO

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To dollar votingFeb 26th, 2009 - 23:08:52

The percentage of market drop in October ... in response to the economic mess created during the previous 8 yrs ... was only about 100 times greater than the 'what has become typical' fluctuations since October ... (starting before the election even happened).

If you followed the market you'd know that.

Clearly you don't know.

You're 'ROFLMAO'?

Me too ... esp when I read nonsensical posts from people like you who somehow think the market dropped in the last month.


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Obama speaksFeb 26th, 2009 - 23:12:15

When Obama speaks the stock market tanks... Down 1000 pts since he took office. Nothing he has said has helped only hurt. Now he is going to TAX 95% of all America. Gas tax, carbon tax, green tax, Pull out of Iraq tax, Saved the car (Unions)tax, socialized medicine tax, save the earthworm tax... All the taxing he does to those who made $250K or more will hit those that make less even more

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correction ...Feb 26th, 2009 - 23:12:53

the last line of the previous post should read ...

Me too ... esp when I read nonsensical posts from people like you who somehow think the market 'only' dropped 'within' the last month.

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Why do they keep posting nonsense?Feb 26th, 2009 - 23:18:54

Hey Obama Speaks Poster ...

You write 'Down 1000 pts since he took office'

Well how's that compare to , at one point, 7,000 point drop while Bush was in office?

Funny how critical you are of Obama for the lingering Bush effect othe economy and job losses.

Idiot ... this is not something that has only happened in the last 36 days.

Nonetheless, we can count on you 'ditto-heads' (ditto, because you don't think for yourselves) to post your uninformed dribble.

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'lingering Bush effect'Feb 27th, 2009 - 02:46:13

It wasn't Bush who screwed up Fannie and Freddie to a fare thee well.

We all have Barny 'the fag' Frank and his like-minded financial know nothings to thank for that. The toxic debt that they are responsible for enabling is everywhere and screwing up everything.

Anyone who thinks another liberal Democrat is going to be able to clean up their mess is truly living in a dream world.

Obama's 'children of the corn' is what this is all about. Ugh.

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kennyFeb 27th, 2009 - 11:29:55

i for one would like Obama impeached.
we do not need a president in this greedy back stabbing country.

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To poster of 'lingering Bush effect'Feb 27th, 2009 - 14:33:39

I see you've bought the partisan line that ALL of the economic troubles stem from Freddie Mac and Fannie Mae ... thank you for showing us how little you understand.

How bout you google 'Phil Graham banking deregulation' ... (though I doubt you will) ... clearly you could learn much more truth about the subprime crisis than you're getting from your uninformed sources.


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jomoFeb 27th, 2009 - 15:00:35

Og course he stock market plunged.A small reminder Obama is not sworn in by Wall Street or billionaires.His first measures are directed in helping those who are about to loose their houses,roughly ten thousand families every single weekto keep a roof above thei heads .Let's keep the children our of tent cities and homeless sheleters first of all.There is preciously little money for that is it is ,courtesy of Bush,Cheney and the whole rotten GOP in the first place .His next steps should even be more bold .Tax those very same bastards tha gobbled up the wealthy of the nation,put the money on their tax shelter bank accounts ,etc.Or did you think they pay taxes ?Sytipping them of part of their assets will benefit all of us.

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