[patientlywaiting]

I remember the Pollyannas calling those who predicted this crisis chicken littles.

They claimed that SD was immune because this real estate downturn is nothing like the 1990s when the S&L failed and there were layoffs due to defense downsizing.

The deleveraging process will be worse. And guess what? When we finally pull out of Iraq, defense spending will decrease as well.

On the S&L, corruption was endemic back in the day. And who was instrumental in deregulating the banks? Phil Gramm. Guilty by association. This presidential campaign will be fun to watch. I’m enjoying it.

I only wish that Obama would hit back harder. Instead of rapid reaction, he should go with rapid offense.

[patientlywaiting]

I remember the Pollyannas calling those who predicted this crisis chicken littles.

They claimed that SD was immune because this real estate downturn is nothing like the 1990s when the S&L failed and there were layoffs due to defense downsizing.

The deleveraging process will be worse. And guess what? When we finally pull out of Iraq, defense spending will decrease as well.

On the S&L, corruption was endemic back in the day. And who was instrumental in deregulating the banks? Phil Gramm. Guilty by association. This presidential campaign will be fun to watch. I’m enjoying it.

I only wish that Obama would hit back harder. Instead of rapid reaction, he should go with rapid offense.

[patientlywaiting]

I remember the Pollyannas calling those who predicted this crisis chicken littles.

They claimed that SD was immune because this real estate downturn is nothing like the 1990s when the S&L failed and there were layoffs due to defense downsizing.

The deleveraging process will be worse. And guess what? When we finally pull out of Iraq, defense spending will decrease as well.

On the S&L, corruption was endemic back in the day. And who was instrumental in deregulating the banks? Phil Gramm. Guilty by association. This presidential campaign will be fun to watch. I’m enjoying it.

I only wish that Obama would hit back harder. Instead of rapid reaction, he should go with rapid offense.

[patientlywaiting]

I remember the Pollyannas calling those who predicted this crisis chicken littles.

They claimed that SD was immune because this real estate downturn is nothing like the 1990s when the S&L failed and there were layoffs due to defense downsizing.

The deleveraging process will be worse. And guess what? When we finally pull out of Iraq, defense spending will decrease as well.

On the S&L, corruption was endemic back in the day. And who was instrumental in deregulating the banks? Phil Gramm. Guilty by association. This presidential campaign will be fun to watch. I’m enjoying it.

I only wish that Obama would hit back harder. Instead of rapid reaction, he should go with rapid offense.

[patientlywaiting]

I remember the Pollyannas calling those who predicted this crisis chicken littles.

They claimed that SD was immune because this real estate downturn is nothing like the 1990s when the S&L failed and there were layoffs due to defense downsizing.

The deleveraging process will be worse. And guess what? When we finally pull out of Iraq, defense spending will decrease as well.

On the S&L, corruption was endemic back in the day. And who was instrumental in deregulating the banks? Phil Gramm. Guilty by association. This presidential campaign will be fun to watch. I’m enjoying it.

I only wish that Obama would hit back harder. Instead of rapid reaction, he should go with rapid offense.

[patientlywaiting]

I agree. I miss bugs also.

4plexowner and bugs are two of my favorites posters.

The other Pollyannas are the ones who are several steps behind simply reacting to the events.

Or posters who irrationally rail against government interference, but when things get tough warn to “be careful what you wish for” (as if wishing otherwise would be helpful) then want a government bailout.

bugs is one of the few who saw the millions of foreclosures coming and large price drops in 50% range.

Thinking back it’s funny that some posters confidently claimed that Fannie and Freddie were solid institutions. 1 million foreclosures was derided as “gloom and doom, gun and ammo.” We are likely to have 10 million foreclosures before this is over.

[patientlywaiting]

I agree. I miss bugs also.

4plexowner and bugs are two of my favorites posters.

The other Pollyannas are the ones who are several steps behind simply reacting to the events.

Or posters who irrationally rail against government interference, but when things get tough warn to “be careful what you wish for” (as if wishing otherwise would be helpful) then want a government bailout.

bugs is one of the few who saw the millions of foreclosures coming and large price drops in 50% range.

Thinking back it’s funny that some posters confidently claimed that Fannie and Freddie were solid institutions. 1 million foreclosures was derided as “gloom and doom, gun and ammo.” We are likely to have 10 million foreclosures before this is over.

[patientlywaiting]

I agree. I miss bugs also.

4plexowner and bugs are two of my favorites posters.

The other Pollyannas are the ones who are several steps behind simply reacting to the events.

Or posters who irrationally rail against government interference, but when things get tough warn to “be careful what you wish for” (as if wishing otherwise would be helpful) then want a government bailout.

bugs is one of the few who saw the millions of foreclosures coming and large price drops in 50% range.

Thinking back it’s funny that some posters confidently claimed that Fannie and Freddie were solid institutions. 1 million foreclosures was derided as “gloom and doom, gun and ammo.” We are likely to have 10 million foreclosures before this is over.

[patientlywaiting]

I agree. I miss bugs also.

4plexowner and bugs are two of my favorites posters.

The other Pollyannas are the ones who are several steps behind simply reacting to the events.

Or posters who irrationally rail against government interference, but when things get tough warn to “be careful what you wish for” (as if wishing otherwise would be helpful) then want a government bailout.

bugs is one of the few who saw the millions of foreclosures coming and large price drops in 50% range.

Thinking back it’s funny that some posters confidently claimed that Fannie and Freddie were solid institutions. 1 million foreclosures was derided as “gloom and doom, gun and ammo.” We are likely to have 10 million foreclosures before this is over.

[patientlywaiting]

I agree. I miss bugs also.

4plexowner and bugs are two of my favorites posters.

The other Pollyannas are the ones who are several steps behind simply reacting to the events.

Or posters who irrationally rail against government interference, but when things get tough warn to “be careful what you wish for” (as if wishing otherwise would be helpful) then want a government bailout.

bugs is one of the few who saw the millions of foreclosures coming and large price drops in 50% range.

Thinking back it’s funny that some posters confidently claimed that Fannie and Freddie were solid institutions. 1 million foreclosures was derided as “gloom and doom, gun and ammo.” We are likely to have 10 million foreclosures before this is over.

[patientlywaiting]

[quote=Djshakes]
You are dumber than you sound if you actually believe that any politician (no matter what party) is looking out for anyone other than themselves. Bottom line, if a polictician comes up with an economic policy…normall it is crap. For example, the community reinvestment act. Sure, those “bleeding hearts” had well intentions….but just because ideological intentions were good, doesn’t mean the implementation is going to create good results. [/quote]

The difference is that at least one side has good intentions.

I would admit that the conservative side is smarter in that the singular focus on the pocketbook is a much easier approach.

It’s much easier to focus on your bank account here and now that trying to save the world. You don’t have to think about anything but your personal interest.

So why do you think that Paulson and Bush asked for this bailout if Republicans believe that government involvement is so bad?

[patientlywaiting]

[quote=Djshakes]
You are dumber than you sound if you actually believe that any politician (no matter what party) is looking out for anyone other than themselves. Bottom line, if a polictician comes up with an economic policy…normall it is crap. For example, the community reinvestment act. Sure, those “bleeding hearts” had well intentions….but just because ideological intentions were good, doesn’t mean the implementation is going to create good results. [/quote]

The difference is that at least one side has good intentions.

I would admit that the conservative side is smarter in that the singular focus on the pocketbook is a much easier approach.

It’s much easier to focus on your bank account here and now that trying to save the world. You don’t have to think about anything but your personal interest.

So why do you think that Paulson and Bush asked for this bailout if Republicans believe that government involvement is so bad?

[patientlywaiting]

[quote=Djshakes]
You are dumber than you sound if you actually believe that any politician (no matter what party) is looking out for anyone other than themselves. Bottom line, if a polictician comes up with an economic policy…normall it is crap. For example, the community reinvestment act. Sure, those “bleeding hearts” had well intentions….but just because ideological intentions were good, doesn’t mean the implementation is going to create good results. [/quote]

The difference is that at least one side has good intentions.

I would admit that the conservative side is smarter in that the singular focus on the pocketbook is a much easier approach.

It’s much easier to focus on your bank account here and now that trying to save the world. You don’t have to think about anything but your personal interest.

So why do you think that Paulson and Bush asked for this bailout if Republicans believe that government involvement is so bad?

[patientlywaiting]

[quote=Djshakes]
You are dumber than you sound if you actually believe that any politician (no matter what party) is looking out for anyone other than themselves. Bottom line, if a polictician comes up with an economic policy…normall it is crap. For example, the community reinvestment act. Sure, those “bleeding hearts” had well intentions….but just because ideological intentions were good, doesn’t mean the implementation is going to create good results. [/quote]

The difference is that at least one side has good intentions.

I would admit that the conservative side is smarter in that the singular focus on the pocketbook is a much easier approach.

It’s much easier to focus on your bank account here and now that trying to save the world. You don’t have to think about anything but your personal interest.

So why do you think that Paulson and Bush asked for this bailout if Republicans believe that government involvement is so bad?

[patientlywaiting]

[quote=Djshakes]
You are dumber than you sound if you actually believe that any politician (no matter what party) is looking out for anyone other than themselves. Bottom line, if a polictician comes up with an economic policy…normall it is crap. For example, the community reinvestment act. Sure, those “bleeding hearts” had well intentions….but just because ideological intentions were good, doesn’t mean the implementation is going to create good results. [/quote]

The difference is that at least one side has good intentions.

I would admit that the conservative side is smarter in that the singular focus on the pocketbook is a much easier approach.

It’s much easier to focus on your bank account here and now that trying to save the world. You don’t have to think about anything but your personal interest.

So why do you think that Paulson and Bush asked for this bailout if Republicans believe that government involvement is so bad?

[Author]

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