Is Trump better than Lincoln?

[Mac1958]

We'll start here..........hmmmm

https://www.justice.gov/sites/default/files/osg/briefs/2010/01/01/2010-0660.resp.pdf

https://www.sanders.senate.gov/imo/media/doc/GAO Fed Investigation.pdf

Gawd. More links. Okay.

You win. You know what happened. I don't know what happened.

You're right. I'm wrong.

There ya go. You're just too smart and informed for me.
.

You demanded papers and reading material ..........there you go the official reports and the GAO report..........FORCED BY A SUPREME COURT RULING under the FOIA............

Let me repeat that................FORCED BY A SUPREME COURT RULING..........

Now READ BITCH.......

You win. You're just too smart for me.
.

I agree..............one liners when you get called out of that BS..........they should have seized the too big to fails assets and sent their sorry asses to prison............

You gamble with ........lol.......derivatives to your Uranis...........analus...........and LOSE.....and take down the country.......you should be tarred and feathered and thrown under the jail..................

but that is another side of this equation.

Anyone who thinks the bailouts were the right thing to do, is a total idiot.

The whole fiasco is proof the elites get socialism and the rest of us are on our own. Yet we have many Americans berating Bernie for his policies of government providing HC, college education, etc. These same Americans are totally unaware that our government has been giving the elites free shit on a colossal basis.

Well, I certainly bow to your superior intellect and depth of knowledge on this topic.
.

 

[eagle1462010]

Gawd. More links. Okay.

You win. You know what happened. I don't know what happened.

You're right. I'm wrong.

There ya go. You're just too smart and informed for me.
.

You demanded papers and reading material ..........there you go the official reports and the GAO report..........FORCED BY A SUPREME COURT RULING under the FOIA............

Let me repeat that................FORCED BY A SUPREME COURT RULING..........

Now READ BITCH.......

You win. You're just too smart for me.
.

I agree..............one liners when you get called out of that BS..........they should have seized the too big to fails assets and sent their sorry asses to prison............

You gamble with ........lol.......derivatives to your Uranis...........analus...........and LOSE.....and take down the country.......you should be tarred and feathered and thrown under the jail..................

but that is another side of this equation.

Anyone who thinks the bailouts were the right thing to do, is a total idiot.

The whole fiasco is proof the elites get socialism and the rest of us are on our own. Yet we have many Americans berating Bernie for his policies of government providing HC, college education, etc. These same Americans are totally unaware that our government has been giving the elites free shit on a colossal basis.

Well, I certainly bow to your superior intellect and depth of knowledge on this topic.
.

As you refuse to go to the reading you requested........

Perhaps you work for some of the scumbags who did this to our country..............perhaps.

 

[Mac1958]

You demanded papers and reading material ..........there you go the official reports and the GAO report..........FORCED BY A SUPREME COURT RULING under the FOIA............

Let me repeat that................FORCED BY A SUPREME COURT RULING..........

Now READ BITCH.......

You win. You're just too smart for me.
.

I agree..............one liners when you get called out of that BS..........they should have seized the too big to fails assets and sent their sorry asses to prison............

You gamble with ........lol.......derivatives to your Uranis...........analus...........and LOSE.....and take down the country.......you should be tarred and feathered and thrown under the jail..................

but that is another side of this equation.

Anyone who thinks the bailouts were the right thing to do, is a total idiot.

The whole fiasco is proof the elites get socialism and the rest of us are on our own. Yet we have many Americans berating Bernie for his policies of government providing HC, college education, etc. These same Americans are totally unaware that our government has been giving the elites free shit on a colossal basis.

Well, I certainly bow to your superior intellect and depth of knowledge on this topic.
.

As you refuse to go to the reading you requested........

Perhaps you work for some of the scumbags who did this to our country..............perhaps.

I can only thank you. This has been a historic day for me.

After spending the last ten years studying everything I could get my hands on regarding the Meltdown, after countless long conversations with my peers in the financial industry, after examining the run-up, the facts, the available options, the pros and cons, I have found the one true source for how the Meltdown happened and how it should have been addressed. You.

And amazingly, I have been enlightened by your couple of internet links and a clip from a cowboy movie. Think of all the time I could have saved if I had just come to you!

Anyway, words can't express my gratitude and my admiration of your profound depth of knowledge on this topic and your general intellectual elasticity.

Thank you. Thank you.
.

 

[eagle1462010]

You win. You're just too smart for me.
.

I agree..............one liners when you get called out of that BS..........they should have seized the too big to fails assets and sent their sorry asses to prison............

You gamble with ........lol.......derivatives to your Uranis...........analus...........and LOSE.....and take down the country.......you should be tarred and feathered and thrown under the jail..................

but that is another side of this equation.

Anyone who thinks the bailouts were the right thing to do, is a total idiot.

The whole fiasco is proof the elites get socialism and the rest of us are on our own. Yet we have many Americans berating Bernie for his policies of government providing HC, college education, etc. These same Americans are totally unaware that our government has been giving the elites free shit on a colossal basis.

Well, I certainly bow to your superior intellect and depth of knowledge on this topic.
.

As you refuse to go to the reading you requested........

Perhaps you work for some of the scumbags who did this to our country..............perhaps.

I can only thank you. This has been a historic day for me.

After spending the last ten years studying everything I could get my hands on regarding the Meltdown, after countless long conversations with my peers in the financial industry, after examining the run-up, the facts, the available options, the pros and cons, I have found the one true source for how the Meltdown happened and how it should have been addressed. You.

And amazingly, I have been enlightened by your couple of internet links and a clip from a cowboy movie. Think of all the time I could have saved if I had just come to you!

Anyway, words can't express my gratitude and my admiration of your profound depth of knowledge on this topic and your general intellectual elasticity.

Thank you. Thank you.
.

Sarcasm........lol

Why thank you.........thank you...

This spawned from the the O bailout and stimulus spending now didn't it.......

And the banks really didn't need it now did they........as the back door was open to them.........and they paid off the loans from the other.....by the back door of the Fed Reserve...

Cause.........they bundled and gift wrapped shit on paper and traded over and over again until someone was left with gift wrapped shit and caused the whole country to go down.

Your welcome for edjamacating you.

 

[JimBowie1958]

Geithner came up with the idea, Paulsen took it to Bush, Bush told Paulsen to do whatever it took.
They knew at the time they were creating even larger behemoths, but they didn't see another way. The economy was in collapse.
There really is a lot of information out there on this.
.

That is not entirely accurate. TARP was the purchase of 'troubled assets'. These were MBS and CDOs that were essentially unpriceable for Asset to debt calculations for bank solvency audits. There was a mathematical algorythm used to value MBS and CDO but it was found to be horridly inaccurate and no one used it any more after the 2008 collapse. Most investment houses had rules that prevented such derivatives from being purchased if there was no formulaic way of pricing them. And since the auditoirs used 'mark to market' prices to value the assets, any MBS or CDOs put up for sale that got no offers would be valueless. So the banks simply carried these assets on their books at the price they bought them at, but they could not liquify them for fear of getting a big fat $0 offer that would have to be recorded for their value as the 'Mark to Market' value. So banks wouldnt even try to sell them. And while they in theory held billions of USD in these assets that cxould be used to back loans, suddenly they could not be used to back credit at all any more. Even MBSes that were paying good money had $0 value.

Something had to be done and Paulson used the Federal Reserve and Treasury to buy these Derivatives based on the returns they were producing. To this day they are still making moeny off them, lol.

What Obama did that was brilliant was to start buying the common stocks of these banks, thus relieving the banks without taking on the risks of the derivatives themselves.
The treasury has made a profit off the sale of these stocks.

Also he instituted Quantitative Easing which further infused liquidity in the economy.

The U.S. Federal Reserve System held between $700 billion and $800 billion of Treasury notes on its balance sheet before the recession. In late November 2008, the Federal Reserve started buying $600 billion in mortgage-backed securities.[25] By March 2009, it held $1.75 trillion of bank debt, mortgage-backed securities, and Treasury notes; this amount reached a peak of $2.1 trillion in June 2010. Further purchases were halted as the economy started to improve, but resumed in August 2010 when the Fed decided the economy was not growing robustly. After the halt in June, holdings started falling naturally as debt matured and were projected to fall to $1.7 trillion by 2012. The Fed's revised goal became to keep holdings at $2.054 trillion. To maintain that level, the Fed bought $30 billion in two- to ten-year Treasury notes every month.[26]

In November 2010, the Fed announced a second round of quantitative easing, buying $600 billion of Treasury securities by the end of the second quarter of 2011.[27][28] The expression "QE2" became a ubiquitous nickname in 2010, used to refer to this second round of quantitative easing by US central banks.[29] Retrospectively, the round of quantitative easing preceding QE2 was called "QE1".[30][31]

A third round of quantitative easing, "QE3", was announced on 13 September 2012. In an 11–1 vote, the Federal Reserve decided to launch a new $40 billion per month, open-ended bond purchasing program of agency mortgage-backed securities. Additionally, the Federal Open Market Committee (FOMC) announced that it would likely maintain the federal funds rate near zero "at least through 2015".[32][33] According to NASDAQ.com, this is effectively a stimulus program that allows the Federal Reserve to relieve $40 billion per month of commercial housing market debt risk.[34] Because of its open-ended nature, QE3 has earned the popular nickname of "QE-Infinity".[35][better source needed] On 12 December 2012, the FOMC announced an increase in the amount of open-ended purchases from $40 billion to $85 billion per month.[36]

On 19 June 2013, Ben Bernanke announced a "tapering" of some of the Fed's QE policies contingent upon continued positive economic data. Specifically, he said that the Fed could scale back its bond purchases from $85 billion to $65 billion a month during the upcoming September 2013 policy meeting.[37][failed verification] He also suggested that the bond-buying program could wrap up by mid-2014.[38] While Bernanke did not announce an interest rate hike, he suggested that if inflation followed a 2% target rate and unemployment decreased to 6.5%, the Fed would likely start raising rates. The stock markets dropped by approximately 4.3% over the three trading days following Bernanke's announcement, with the Dow Jones dropping 659 points between 19 and 24 June, closing at 14,660 at the end of the day on 24 June.[39] On 18 September 2013, the Fed decided to hold off on scaling back its bond-buying program,[40] and announced in December 2013 that it would begin to taper its purchases in January 2014.[41] Purchases were halted on 29 October 2014[42] after accumulating $4.5 trillion in assets.​

The problem to all this, IMO, is that the underlying cause, the distorting presence of Too Big To Fail Banks, has never been addressed. As long as these behemoths participate in the markets, no bond credit rating agency can be trusted to give an objective rating on any asset or derivative contract. They cannot afford being boycotted by these handful of banks that in effect control most of the financial cash flow on Wall Street. They MUST be broken up.

Of course, I am not an expert, so if *I* can see this they do too, but the Oligarchs dont give a flying fart about any of it. While the Little People will pay the price for their next fiasco, the Big Banks will likely give themselves bonuses from government funds once again for playing the con-game well, once again.

Just remember, Dupont and other Chemical giants sold the American public products that they KNEW FOR A FACT were poisonous, laced with PFOA-C8. Americans are still dying from it, and the Oligarchs laugh because we fight each other instead of them, AS PLANNED.

A study of workers living near a DuPont Teflon plant found an association between PFOA exposure and two kinds of cancer as well as four other diseases. A positive exposure-response trend for kidney cancer is supported by many studies. PFOA has been detected in the blood of more than 98% of the general US population in the low and sub-parts per billion (ppb) range, and levels are higher in chemical plant employees and surrounding subpopulations. How general populations are exposed to PFOA is not completely understood. PFOA has been detected in industrial waste, stain-resistant carpets, carpet-cleaning liquids, house dust, microwave popcorn bags, water, food, and Teflon (PTFE) products.

As a result of a class-action lawsuit and community settlement with DuPont, three epidemiologists conducted studies on the population surrounding a chemical plant that was exposed to PFOA at levels greater than in the general population. Studies have found correlation between high PFOA exposure and six health outcomes: kidney cancer, testicular cancer, ulcerative colitis, thyroid disease, hypercholesterolemia (high cholesterol), and pregnancy-induced hypertension.[9]

The primary manufacturer of PFOS, the 3M Company (known as Minnesota Mining and Manufacturing Company from 1902 to 2002), began a production phase-out in 2002 in response to concerns expressed by the United States Environmental Protection Agency (EPA).[10]:2 Eight other companies agreed to gradually phase out the manufacturing of the chemical by 2015.[10]:3

By 2014, EPA had listed PFOA and perfluorooctanesulfonates (salts of perfluorooctanesulfonic acid, PFOS) as emergent contaminants:

PFOA and PFOS are extremely persistent in the environment and resistant to typical environmental degradation processes. [They] are widely distributed across the higher trophic levels and are found in soil, air and groundwater at sites across the United States. The toxicity, mobility and bioaccumulation potential of PFOS and PFOA pose potential adverse effects for the environment and human health...

PFOA is resistant to degradation by natural processes such as metabolism, hydrolysis, photolysis, or biodegradation[38] and has been found to persist in the environment.[78] PFOA is found in environmental and biological fluids as the anion perfluorooctanoate.[116] PFOA can be absorbed from ingestion and can penetrate skin.[14] The acid headgroup of PFOA enables binding to proteins with fatty acid or hormone substrates such as serum albumin, liver fatty acid-binding protein, and the nuclear receptors PPARα[42] and possibly CAR.[117]

In animals, PFOA is mainly present in the liver, blood, and kidneys.[14] PFOA does not accumulate in fat tissue, unlike traditional organohalogen persistent organic pollutants.[54] In humans, PFOA has an average elimination half-life of about 3 years.[118][119][120] Because of this long half-life,[121] PFOA has the potential to bioaccumulate.

The levels of PFOA exposure in humans vary widely. While an average American might have 3 or 4 parts per billion of PFOA present in their blood serum,[122] individuals occupationally exposed to PFOA have had blood serum levels over 100,000 parts per billion (100 parts per million or 0.01%) recorded.[123] In a study of individuals living around DuPont's Washington Works plant, those who had no occupational exposure had a median blood serum level of 329 parts per billion while the median of those with occupational exposure was 775 parts per billion.[12] While no amount of PFOA in humans is legally recognized as harmful, DuPont was "not satisfied" with data showing their Chinese workers accumulated an average of about 2,250 parts per billion of PFOA in their blood from a starting average of around 50 parts per billion less than a year prior.[21]

In late 2012, scientists at Emory University compared health risks in workers at a DuPont chemical plant in West Virginia with high PFOA exposure to the risks of the same diseases in other regional DuPont factory workers and in the US population. In comparison with the other DuPont workers, workers at the high-PFOA plant were at roughly three times the risk of dying of mesothelioma or chronic kidney disease, and roughly twice the risk of dying of diabetes mellitus. Workers were at similarly elevated risk for kidney cancer and for non-cancer kidney diseases. In rodents, PFOA concentrates in the kidneys.[124]

Consumers
Single cross-sectional studies on consumers have been published noting multiple associations. Blood serum levels of PFOA were associated with an increased time to pregnancy—or "infertility"—in a 2009 study.[125] PFOA exposure was associated with decreased semen quality,[126] increased serum alanine aminotransferase levels,[127] and increased occurrence of thyroid disease.[121] In a study of 2003–2004 US samples, a higher (9.8 milligram per deciliter) total cholesterol level was observed when the highest quartile was compared to the lowest.[128] Along with other related compounds, PFOA exposure was associated with an increased risk of attention deficit hyperactivity disorder (ADHD) in a study of US children aged 12–15.[129] In a paper presented at the 2009 annual meeting of the International Society of Environmental Epidemiology,[130] PFOA appeared to act as an endocrine disruptor by a potential mechanism on breast maturation in young girls.[131] A C8 Science Panel status report noted an association between exposure in girls and a later onset of puberty.
​

Dupont knew that anything over 1 part in a billion was potentially fatal in causing cancer, high cholesterol, diabetes and other side effects. And the average American is carrying three or four times that amount today. Think about it. They are engaging in the genocide of American workers.

These cretins hate the American public and do not care if we all die or live as decrepit crippled stubs of flesh.

 

[JimBowie1958]

Where did I state it didn’t?

Where you were blaming Obama for it: "O bailed out the banks". That's pretty clear.
Unless, by "O", you meant "Bush"..
.

Why does anyone bother blaming the party hand puppets AKA Congresscritters, when they are only carrying water for the Donor Class anyway?

 

[gipper]

Gawd. More links. Okay.

You win. You know what happened. I don't know what happened.

You're right. I'm wrong.

There ya go. You're just too smart and informed for me.
.

You demanded papers and reading material ..........there you go the official reports and the GAO report..........FORCED BY A SUPREME COURT RULING under the FOIA............

Let me repeat that................FORCED BY A SUPREME COURT RULING..........

Now READ BITCH.......

You win. You're just too smart for me.
.

I agree..............one liners when you get called out of that BS..........they should have seized the too big to fails assets and sent their sorry asses to prison............

You gamble with ........lol.......derivatives to your Uranis...........analus...........and LOSE.....and take down the country.......you should be tarred and feathered and thrown under the jail..................

but that is another side of this equation.

Anyone who thinks the bailouts were the right thing to do, is a total idiot.

The whole fiasco is proof the elites get socialism and the rest of us are on our own. Yet we have many Americans berating Bernie for his policies of government providing HC, college education, etc. These same Americans are totally unaware that our government has been giving the elites free shit on a colossal basis.

Well, I certainly bow to your superior intellect and depth of knowledge on this topic.
.

No need to be an asshole.

 

[Mac1958]

You demanded papers and reading material ..........there you go the official reports and the GAO report..........FORCED BY A SUPREME COURT RULING under the FOIA............

Let me repeat that................FORCED BY A SUPREME COURT RULING..........

Now READ BITCH.......

You win. You're just too smart for me.
.

I agree..............one liners when you get called out of that BS..........they should have seized the too big to fails assets and sent their sorry asses to prison............

You gamble with ........lol.......derivatives to your Uranis...........analus...........and LOSE.....and take down the country.......you should be tarred and feathered and thrown under the jail..................

but that is another side of this equation.

Anyone who thinks the bailouts were the right thing to do, is a total idiot.

The whole fiasco is proof the elites get socialism and the rest of us are on our own. Yet we have many Americans berating Bernie for his policies of government providing HC, college education, etc. These same Americans are totally unaware that our government has been giving the elites free shit on a colossal basis.

Well, I certainly bow to your superior intellect and depth of knowledge on this topic.
.

No need to be an asshole.

I'm tired of asymmetrical conversations on this topic.
.

 

[Zorro!]

53% of republicans say yes. It`s hard to believe that they`re still angry over the loss of slavery. What`s wrong with these people?
Majority Of Republicans Say Trump Is A Better President Than Lincoln

What's wrong with you? It is the DNC that defended slavery, Dred Scott and provoked the Civil War. It's the RNC that kicked their asses, freed the slaves, ratified the 13th, 14th, and 15th amendments that insured that slavery would never again be allowed and then required the Democrat States to ratify all three amendments before they could be readmitted into the Union. You must have attended Government Schools.

On a related topic:

POLL: DEMOCRATS CONSIDER OBAMA A BETTER PRESIDENT THAN GEORGE WASHINGTON

Most Democrats who participated in a new survey deemed Barack Obama a better president than George Washington. The survey comparing Obama and Washington is from Monmouth University. It found that among Democratic voters, the “Father of Our Country” trails Obama by 29 percent to 63 percent.

By contrast, Republicans in the survey held that Washington is a better president than Trump. The margin was 44-37. Many of the remaining 19 percent may have thought that the question was better left unanswered.

Clearly the Obama cult of personality is stronger.

 

[JoeB131]

What's wrong with you? It is the DNC that defended slavery, Dred Scott and provoked the Civil War. It's the RNC that kicked their asses, freed the slaves, ratified the 13th, 14th, and 15th amendments that insured that slavery would never again be allowed and then required the Democrat States to ratify all three amendments before they could be readmitted into the Union. You must have attended Government Schools.

And if the GOP was the GOP of 1865, you might have a point.

Today, the GOP calls Klansmen "Very fine people".

 

[gipper]

What's wrong with you? It is the DNC that defended slavery, Dred Scott and provoked the Civil War. It's the RNC that kicked their asses, freed the slaves, ratified the 13th, 14th, and 15th amendments that insured that slavery would never again be allowed and then required the Democrat States to ratify all three amendments before they could be readmitted into the Union. You must have attended Government Schools.

And if the GOP was the GOP of 1865, you might have a point.

Today, the GOP calls Klansmen "Very fine people".

Following that ignorant post with another one...the D Party calls the Muslim Brotherhood and New Black Panthers good people worthy of White House visits.