MORE MINDLESS CRAP!!!!!

[mac]

To worry about the fannies, and their small billion subsidy, misses the point entirely. Sub-prime (that is, high risk) mortgages went from a $50 billion a year business to a $700 billion a year business after the Glass-Steagall Act was repealed. That bill, of course, was largely written by Phil Gramm, who ran McCain's campaign until he called us all whiners and got cashiered. Ron Paul is correct that the easy availability of money was the fuel behind that effort, and he is also right that the fed fueled this with easy money policies, and those end up with a devalued currency. The fuel was poured on beginning in 2002, some suspect to make sure that the economy was running on a rich mixture when Shrub--and all the other folks--were up for reelection. Ron Paul is also at least somewhat correct that you need some market corrections to recreate growth if money isn't dirt cheap. Logically, that has to be a deflation in home prices--as we have seen. But I differ with him on the full market solution idea. We have had a hybrid market, like it or not, for decades. He can neither get the votes for no intervention, nor convince me (and the majority of Congress) that the crash would not be more severe than it has to be.

On the other hand, the true value of the American system has surfaced in the last week. The Conservatives, who I disagree with on social issues, have stood fast for the concerns of the Country. Although many give lip service to Main Street, the Conservatives have actually been walking the walk. A better bill will result.

[gregorvass]

Sorry, I don't take Drugs!

[swchandler]

Anybody up for a good puff or two? That might lead to better path than we've been following for some time now. The ignorance and stupidity is simply beyond belief.

[windoggi]

[windoggi]

Oh, by the way...

Educational Backgrounds of Presidential and Vice Presidential Candidates
OBAMA:

Occidental College - Two years.
Columbia University - B.A. in Political Science with a specialization in International Relations.
Harvard Law School - Juris Doctor (J.D.) Magna Cum Laude. President of Law Review.
-----------------------------------------------------------------------------------------------------------------

BIDEN:

University of Delaware - B.A. in History and Political Science
Syracuse University College of Law - Juris Doctor (J.D.)
------------------------------------------------------------------------------------------------------------------

McCAIN:

United States Naval Academy - Class rank 894 of 899
------------------------------------------------------------------------------------------------------------------

PALIN*:

Hawaii Pacific University - 1 semester
North Idaho College - 2 years (?) - General Study
University of Idaho - 2 semesters - Journalism
Matanuska-Susitna College - 1 semester [applied vocational two year college)]
University of Idaho - 3 semesters - B.S. in Journalism

* Sarah Palin had a diversity of college and university experiences, changing schools five times in six years. In 1982, Palin enrolled at Hawaii Pacific University but left after her first semester. From there, she spent two years as a general studies major at North Idaho College, a two-year community college with an open door admissions policy. From there, she transferred to the University of Idaho for two semesters.[11][12] During this time Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the 'Miss Congeniality' award.[17] She then left the University of Idaho and attended Alaska's Matanuska-Susitna Community College, an applied vocational two-year college, for one term The next year she returned to the University of Idaho where she spent three semesters completing her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12] (Wikipedia)

[mac]

But somehow intelligence doesn't matter. As Governor Arnold says, issues don't matter in elections. That's what Karl Rove taught...

[boggsman1]

As we wind down the Karl Rove era.... I ask , how are we doing today? or the last 8 years, or the last 4years. it was 4 years ago when W said"I just earned political capital, and I intend to spend it". Well , today it would be nice if he still had that political capital, the country could use it.
Boggsman