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12-24-2014, 11:20 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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I like her, because the Republicans hate her. I had a good laugh watching Faux News on the treadmill this morning. They went on for nearly a half hour solid about Hillary and the signs that she might not run. Then, someone mentioned Warren.............
You could smell the fear. It smelled like..............soiled diapers.
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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12-24-2014, 11:36 AM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,226
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I read that steamin' pile of self congratulatory blowhardiness from Ignatious yesterday. That dude has a blind spot bigger'n a Buick.
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12-24-2014, 12:13 PM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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12-24-2014, 12:32 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,912
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Quote:
Originally Posted by BlueStreak
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I posted that article and its graph on another thread. Good stuff.
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As long as the roots are not severed, all will be well in the garden.
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12-24-2014, 12:33 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,912
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Quote:
Originally Posted by whell
He goes as far as suggesting that Warren is rhetoric is nothing more than neo-populism. That suggests that Ignatius regards Warren as someone who would, as a populist/political opportunist, trash sound economic policy for the sake of advancing her political career and agenda. Maybe that's what Finn's friend is concerned about as well.
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I believe you're on to something.
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As long as the roots are not severed, all will be well in the garden.
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12-24-2014, 12:51 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,226
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Quote:
Originally Posted by finnbow
I believe you're on to something.
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Next thing you two will be calling her a commie out to sap our precious bodily fluids while destroyin' Uhmerica...
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12-24-2014, 01:40 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,912
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Quote:
Originally Posted by bobabode
Next thing you two will be calling her a commie out to sap our precious bodily fluids while destroyin' Uhmerica...
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Nah, but I'm pretty skeptical of populist politicians, regardless of their political stripes. I'm not inferring she's another Huey Long, but skepticism of any and all politicians is a healthy thing IMO.
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As long as the roots are not severed, all will be well in the garden.
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12-24-2014, 01:47 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by merrylander
^^^^ But was it sound economic policy? From the banks point of view probably, from the homeowners who took the royal screwing not so much. I like Sheila Bair's approach better.
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I think there's plenty of blame to go around for events leading up to the collapse of the mortgage industry. Some folks like to obsess or focus on a single piece of the puzzle, possibly like Ms Warren. I suspect Ms Warren would hold blameless or overlook the culpability of those who knowingly took out mortgages that they knew would be difficult to pay. The banks employed a dubious strategy to mitigate the risk of poorly underwritten mortgages while the Fed pushed a policy of (ridiculously) easy money to encourage expanded home ownership.
Was it sound economic policy that pulled out of that mess? Its not what I would have wanted to see, but it was a policy that was chock full of political expediency that happened to work out OK, at least in the short run. I think a precedent of financial institutions willing to assume risk against of belief that they'll be bailed out by tax payers sets a bad precedent and creates of potentially toxic environment. Time will tell.
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12-24-2014, 02:02 PM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by whell
I think (setting) a precedent (whereby) financial institutions (are) willing to assume risk against (the) belief that they'll be bailed out by tax payers sets a bad precedent and creates of potentially toxic environment. Time will tell.
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Damn! I Agree! (At least I think I agree.)
John
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12-24-2014, 02:07 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by Boreas
Damn! I Agree! (At least I think I agree.)
John
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Yeah, we do. I think I need to sit down.
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