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POPSLooking To Pooh For Foreign Policy So this is a bit old, but I just found it and had to share. All I have to say is, can you *imagine* what they would have done with this had Sarah Palin said anything close? Holy. Crap.
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POPS Thomas Sowell Opines --- Do Facts Matter? So did Bush's Secretary of the Treasury, five years ago. Yet, today, what are we hearing? That it was the Bush administration "right-wing ideology" of "de-regulation" that set the stage for the financial crisis. Do facts matter? We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn't. Is that the free market? Or do facts not matter? Then there is the question of being against the "greed" of CEOs and for "the people." Franklin Raines made $90 million while he was head of Fannie Mae and mismanaging that institution into crisis. Who in Congress defended Franklin Raines?
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POPSDo Facts Matter? "We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn’t. Is that the free market? Or do facts not matter?"
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POPSFun at Work: The Levity Effect I "wordled" the words from a "Chapter-a-Day" summary of the Gostick/Christopher book, "The Levity Effect", just to see how it would look. Looks great! Fascinating toy that Wordle.net application.
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POPSDemocrat Fingerprints Are All Over The Financial Crisis ........under stricter regulatory control. In 2006, it was revealed that Fannie Mae had overstated its earnings – to which its senior executives' bonuses were linked – by a stunning $9.3billion. Between 1998 and 2003, Fannie Mae's executive chairman, Franklin Raines, picked up over $90m in bonuses and stock options. Yet Barney Frank and his chums blocked all Bush's attempts to put a rein on Raines. During the House Financial Services Committee hearing following Bush's initiative, Frank declared: "The more people exaggerate a threat of safety and soundness , the more people conjure up the possibility of serious financial losses to the Treasury which I do not see. "There were nearly a dozen hearings where we were trying to fix something that wasn't broke. Mr Chairman, we do not have a crisis at Freddie Mac and particularly at Fannie Mae under the outstanding leadership of Mr Franklin Raines."
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POPSThe Financial Crisis And how many politicians have we heard say that this Financial Crisis is Bush's fault. If you repeat a lie often enough, people will begin to believe it. Leave no incumbent in office.
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POPSObama - a popular Freddie Mac Senator Obama is in the top 4 of political contribution recipients from Freddie Mac. The other 3, also Democrats. Then add Chris Dodd and Barney Frank to the mix and it's very 'clear' how they blame the Bush administration for the debacle.
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POPSCigars A good cigar is not only clouded in aromatic smoke, but in a mass of legends that it has acquired over the long years of its existence.
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POPSBailout Progressing This begs the question of what exactly McCain will be doing after he dismounts from his white charger after riding into Washington to save the economy and save the country. Seems like his panicked approach to crisis has pretty much petered out.
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POPSWall Street I want to provide stock research for the little guy, after having witnessed neglect of proper due diligence requirements at my old firm and poor performance among most analysts.
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POPSOver half of Americans believe in guardian angels Also, political party was linked to religious beliefs, with 77 percent of Republicans saying they believed in heaven, compared to 54 percent of Democrats. Those Americans who say they do not believe in God -- four percent -- as well as those who say they have no religion -- 11 percent -- were very close the figures in the 2005 survey. In all 45 percent of Americans say they have had at least two religious encounters in their lives, the survey found, and conservative Protestants were more likely than Catholics or Jews to report religious or mystical experiences.
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POPSCROOKS Driving home from a meeting I heard Chris Dood in a news bite, saying something like - "Democrats are not about to sign off on this 700B bailout until we're assured that congress will have oversight." I cursed. "You MFCSMFF! You're a bigger crook than your old man!"
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POPSChristopher Coan Update If you are reading this, it's because you actually care about missing children and persons, so PLEASE take a moment and visit Myspace for Chris Coan. Even if you don't have any tips, a simple "good luck with the search" OR "You're in my thoughs and prayers," could make a world of difference to family members searching for Chris.
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