Ayers Audio Unearthed From Time He Appeared With Obama

[Contessa_Sharra]

Obamalama

If you can call him this I guess that makes it ok for me to call her PutaPalin?

 

[WillowTree]

well no, actually the more you talk to more certain I become that Obama is going to win.

You have no real arguments so you continue to rely on total shit and that brings me comfort.

If McCain & Co had any ground to stand on they'd have found it by now. There are 15 days before the election and you're still talking about an issue that has been beaten to death since February. that's not just pathetic is sad.



shhh you sound like a socialist...

you did see the post in which I posted obamalama endorsing Ayers book? or do you feign blindness? DUmmie!

 

[xaxeptance449]

Well hey! in 2001 he said he was sorry he had not done more! What's to stop him? He's not too old to build bombs is he? He hasn't said he shouldn't have built bombs, he said he was sorry he had not done more. I bet Tim McVeigh felt the same way.

I served in Nam by choice. I also protested the war. I have no problem letting go of whatever incidents happened even those I will never truly forgive. Those that cost lives would be the ones I will always remember just as I will remember those I served with who died. Most of the complainants on this board were not even a gleam in their dad's eye when these things happened and I can not expect them to understand, but I can expect them to back-off that which is beyond them. Now I await the claims of the naysayers, the falsehoods and the lies. In the words of Bush Bring it.

 

[Silence]

you did see the post in which I posted obamalama endorsing Ayers book? or do you feign blindness? DUmmie!

No I didn't see it actually. Which book are you referring to? I believe he's written a few.

 

[WillowTree]

actually, no it's not illogical and it's exactly what Obama was talking about when he said spread the wealth around.
When people can actually afford to shop and/or hire "joe" then it's good for him. If everyone is broke who exactly is using Joe's services?

Bullfucking shit. If' that's what he meant why did he preface his statement with "I don't want to punish you for being successful." ? JHC but you guys are dirtbagliars.

 

[Silence]

The did not simply "serve on a board together". Obama was hired as the Chairman of the board to oversee the distribution of over 100 million dollars to far left school projects, all of which were complete failures, including projects run by Ayers and Wright. Obama had no background in educartion so why on Earth he was hired is a mystery that not one person in the major media has asked about despite Obama using that experience as a credential for his executive skills. No one knows how the board was put together but it would sure be nice to have someone in the major media actually ask Ayers or Obama about how the board was put together, who hired who, etc.

where they actually PAID to sit on this board? was this a job or a volunteer position to work on school reform?

I guess it would make sense that the founder of the board, Walter Annenberg and/or his representative was in charge of picking appointments for the board, since it was HIS board afterall. And was Obama elected Chairman or picked by the founder? I doubt Ayers hand picked Obama for the position.

 

[Grismonda]

Bullfucking shit. If' that's what he meant why did he preface his statement with "I don't want to punish you for being successful." ? JHC but you guys are dirtbagliars.

Punish who for being successful? Joe, the broke plumber?...with bills up the ying yang?

 

[JimH52]

Too Little Too Late and honestly...WHO GIVES A FLIP?

 

[Silence]

Bullfucking shit. If' that's what he meant why did he preface his statement with "I don't want to punish you for being successful." ? JHC but you guys are dirtbagliars.

you take it however you want.

Do you pay your taxes? your taxes go to pave roads, fund schools, care for the elderly and disabled, run our military. That is called "spreading" of the wealth.

do you purchases goods and services? you are spreading YOUR wealth around you idiot.

Following the remark you referenced he said he believed that when those at the bottom are doing well then it helps those at the top too.

What part of the middle class having more money to spend offends you so greatly? Are you some billionaire? I bet you'd benefit from Obama's tax plan. Are you planning on opting out of whatever tax relief he offers? did you return your stimulus check this year? will you return any future tax refund given to you?

 

[WillowTree]

Punish who for being successful? Joe, the broke plumber?...with bills up the ying yang?

Well, dirtbag, that's who he was talking to wasn't it? Why yes, I think it was.

 

[Contessa_Sharra]

All I can say is, "A Mind is a terrible thing to waste".

Then why are you wasting yours?


Or don't you have one?

 

[WillowTree]

you take it however you want.

Do you pay your taxes? your taxes go to pave roads, fund schools, care for the elderly and disabled, run our military. That is called "spreading" of the wealth.

do you purchases goods and services? you are spreading YOUR wealth around you idiot.

Following the remark you referenced he said he believed that when those at the bottom are doing well then it helps those at the top too.

What part of the middle class having more money to spend offends you so greatly? Are you some billionaire? I bet you'd benefit from Obama's tax plan. Are you planning on opting out of whatever tax relief he offers? did you return your stimulus check this year? will you return any future tax refund given to you?

That's not what Obamalama said and you know it you idiot. I won't benefit and neither will you because there is no way in hell he can give 95% of us a tax cut. You live in la la land right along with obamalama.

 

[WillowTree]

If you can call him this I guess that makes it ok for me to call her PutaPalin?

or any one of the other names the left has fashioned for her! no skin off my teeth.

 

[Gris Truse]

John McCain: Crisis Enabler
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James Bond's wealthy nemesis may have had an obsession with gold, but he judged, quite correctly, that if people keep putting your plans awry, that was likely their intent.

In 1982, the same year John McCain entered the Senate, a bill was put forward that would substantially deregulate the savings and loan industry. The Garn-St. Germain Depository Institutions Act was an initiative of the Reagan administration, and was largely authored by lobbyists for the S&L industry--including John McCain's warm-up speaker at the Republican National Convention, Fred Thompson. The official description of the bill was "An act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans." Considering where things stand in 2008, that's enough to make you wince. It should.

Seven years later, the S&L industry was collapsing. What was the cause? Garn-St. Germain had handed the S&Ls a greatly expanded range of capabilities, allowing them to go head to head with full service banks, but it hadn't handed them the bank's regulations. Left to operate in an anarchistic gray area, S&Ls had chased profits, indulged in amazing extravagances and cranked out enough cheap mortgages to fuel a real estate boom. They had also experimented with lots of complex, creative--and risky--investments, even though they didn't have the economic models to really determine the worth of the things they were buying. The result was a mountain of bad debts and worthless "assets." Does any of that sound eerily (or nauseatingly) familiar?

It wasn't a foregone conclusion. In 1985, three years after the deregulation of the S&Ls, the chairman of the Federal Home Loan Bank Board saw that the situation was already looking bad, with potential to get much worse. To try to head off disaster, he instituted a rule to limit the amount and types of investments S&Ls could carry on their books. However, many savings and loans--among them Lincoln Savings & Loan Association of Irvine, California, which was headed by a fellow named Charles Keating--promptly ignored these rules.

Now enters a familiar cast of characters. First to pop up was the universally beloved Fed-chief-to-be Alan Greenspan. Greenspan argued against the loan board's new rules, and persuaded Reagan to appoint one of Keating's pals to the board to blunt the requirements. A quintet of senators, among them John McCain, began having meetings with both the management at Lincoln and the regulators at the loan board. With their help, Lincoln was able to stay in business an additional two years, at the end of which they failed--taking the life savings of 21,000, mostly elderly, investors with them.

How involved was John McCain? McCain and Keating had known each other since 1981 and had become fast friends. Of all the "Keating Five," it was McCain who really moved into the life of the Lincoln S&L chief. The two men vacationed together multiple times, with the whole McCain clan (babysitter included) heading out for Keating's private Caribbean property on Keating's private jet. McCain didn't think to actually report these trips, or pay for them, until the investigators were breathing down his neck. And McCain took payment in more than just vacations. Keating and other members of Lincoln's parent company padded McCain's pockets with $112,000 in campaign contributions.

In John McCain's biography, he called his meetings with Keating and regulators "the worst mistake of my life," though from the text you'd think this was a spur-of-the-moment decision, not something that McCain did repeatedly over a space of years. Still, you might think that a "worst mistake" would stay fresh in his memory.

It certainly didn't fade quickly for the country. Following the S&L crisis, the Resolution Trust Company was formed to swallow up the debt of Lincoln and 746 other S&Ls gone wild, and taxpayers were left holding a $125 billion bag. The resulting budget deficit forced cutbacks in other programs. The artificial real estate boom collapsed, and housing starts fell to their lowest levels in decades. Finally, the whole nation settled in for a period nasty enough that three years later someone could still campaign around the idea "It's the economy, stupid."

Even so, by 1999 Phil Gramm--who had entered the Senate only a couple of years after McCain and become friends with the Keating Five maverick--put forward the Gramm-Leach-Bliley Act. This act passed out of the Senate on a party-line vote with 100 percent Republican support, including that of John McCain. (To be fair, the bill eventually passed again with a wide margin following revisions in the House.)

This act repealed part of the Glass-Steagall Act. This may sound like a bunch of Congressperson soup, but the gist of it is that Glass-Steagall was put in place in 1933 to control the rampant speculation that had helped cause the collapse of banking at the outset of the Depression, and to prevent such consolidation of the banks that the nation had all its eggs in one fiscal basket.

Gramm-Leach-Bliley reversed those rules, allowing not only more bank mergers but for banks to become directly involved in the stock market, bonds and insurance. Remember the bit about how S&Ls failed because they didn't have the regulations that protected banks? After Gramm-Leach-Bliley, banks didn't have that protection either.

Gramm wasn't done. The next year he was back with the Commodity Futures Modernization Act, which was slipped into a "must pass" spending bill on the last day of the 106th Congress. This act greatly expanded the scope of futures trading, created new vehicles for speculation and sheltered several investments from regulation.

As with both Gramm-Leach-Bliley and Garn-St. Germain, large parts of this bill were written by industry lobbyists. This included the "Enron loophole" that exempted energy trading from regulation, and was written by (big surprise) Enron lobbyists working with Gramm. Not coincidentally, Senator Gramm, the second-largest recipient of campaign contributions from Enron, was also key to legislating the deregulation of California's energy commodity trading.

Thanks to this fortunate trifecta of Gramm-crafted legislation, Enron was able to create "EnronOnline" and trade electricity in California with absolutely no oversight or transparency. They quickly worked out how to game the system. Previously, there had been only one Stage 3 rolling blackout in the history of California. Within months, the system had been manipulated by traders to generate thirty-eight such blackouts and wholesale electrical prices had gone up more than 3000 percent. Despite production capacity equal to four times the demand during winter, energy traders even engineered a blackout in mid-January.

During the confusion of these deliberate "shortages" and "price spikes," the California administration of Gray Davis--blind to speculator manipulations because of the walls erected by Gramm's legislation--was forced to sign energy contracts at enormous rates. There was little choice, because most of California's public utilities were on the brink of bankruptcy from the rising wholesale prices.

In a single year, the legislation allowed speculators to bring the state to its knees. Enron alone looted California of $11 billion. The manipulations of the energy market were also a major factor in Davis getting the hook, helped usher the governator into power, and they still have repercussions in California's budget battles today. By the end of that year, the depth of Enron's deception could no longer be hidden, and the whole company came crashing down in the largest bankruptcy in history--at the time. This brought more billions lost in mutual funds and pension funds across the country, and played a major role in the economic downturn of 2001.

 

[Grismonda]

Well, dirtbag, that's who he was talking to wasn't it? Why yes, I think it was.

Well dirtbag, IF Joes of the Plumbing World were to participate in Obama's plan, ...they would save quit a bit in tax a year. For instance, Plumbers generally make about 40 grand a year. Under Obama's plan Joe the Plumber would save about $1,00.00 + a year...enought to pay off his dead beat hospital and tax bills that have been accumlating for years.

 

[WillowTree]

Well dirtbag, IF Joes of the Plumbing World were to participate in Obama's plan, ...they would save quit a bit in tax a year. For instance, Plumbers generally make about 40 grand a year. Under Obama's plan Joe the Plumber would save about $1,00.00 + a year...enought to pay off his dead beat hospital and tax bills that have been accumlating for years.

that's what you think.

 

[Grismonda]

that's what you think.

Of course I "think" along with ALL tax accountants! HELLO?

 

[Otter_Creek]

that's what you think.

Oh My! $1900.00 and it's been accumulating for years.

I'd bet he can pay it off with all the evil publicity he been getting.

 

[WillowTree]

Of course I "think" along with ALL tax accountants! HELLO?

promises, promises. Whaddya wanna bet he will lower taxes?

 

[xaxeptance449]

That is not the significant issue Obama didn't set any off eithter. it is sheer ignorance to at one minute condemn one person for na association then want to only blame the other if they were involved in the original act. Time to study some more before reacting to a post or you can of course continue to look uninformed and ignorant.