Ten dumbest lines of the year: 2009

Interesting choices. Let's review, beginning with Point 10: Obama does rely on the TelePrompter quite a bit. And just because an administration aide says Obimbo wrote today's speech doesn't make it true. Anyway, he relies on the TelePrompter just about every time he talks. And when one comes down to it, it's a good line for conservatives for this president. How often did we hear from the loons on the left that Bush was dumb?
9. The government wants to outlaw breathing. True, but it also is basically someone's commentary on this administration's need to control everything we do. Governments are killing sheep, cow, elk and other animals all in the name of stopping global warming.
8. It's cold, therefore no global warming. Fact is, Mark, the planet's temps have stabilized the past 10 years (scientific consensus on that) and actually cooled the past couple of years (again, scientific consensus). Also, these two points were noted in the hacked e-mails and how hide those facts at the worst, or lamenting over them at the least. No matter how badly you want to gloss over it, the fact is those hacked e-mails do show discussion of changing numbers, changing facts, smearing those who dissent, etc. Why else would one guy have been put on leave and another now be under investigation?
7. No health care crisis. Not really sure who said that. I think most believe there needs to be reform. It's just that MOST folks don't want more government, understand what the Dems are doing will not make health care better or cheaper, and most of the reforms the Dems are trying to ram down our throats will not work and will just make government bigger.
6. Limbaugh not the leader of the GOP. Well, you are correct. Limbaugh often lambasts the Republican party as much as he does the Democratic party.
5. Palin is a victim of the media. That is partly true, Mark. You didn't have to report on all of her Facebook comments, now did you? And then there have been the constant attacks on her children, grandchildren and overall, her family. She is a public figure and one who has a significant following, but the media has been rather unfair to her and her family.
4. Fox News is not a news network. Yes, Fox News is a news network and you were right to sort of say so and to criticize this administration for picking a fight with it. There are commentary-based shows like Beck, O'Reilly, Hannity and Cavuto. But there also are the news hours, from 9 am Central to 3 pm Central, and again at the dinner hour with Special Report with Bret Baier and the Fox Report with Shepherd Smith.
3. Glenn Beck. Who cares if he butchers Schakowsky's name? The point he was making about her husband was pretty valid. Beck does some things for the theatrics, and I don't always agree or like some of the theatrics, but he has made many key points and was right to go after folks like Van Jones and Kevin Jennings, whom you seem adverse to writing about. If Jennings was a Republican and had close ties to NAMBLA and took part in a how to fist forum, methinks you'd be all over it!
2. Obama and Pelosi. OK, they are not Nazis, but socialists or quasi socialists, I guess depends on one's perspective. Again, though, I do not recall you ever taking issue with the Left's claims that Bush was a Nazi, reinvention of Hitler, mass murderer, war criminal, etc.
1. Obama's birth certificate. I never really got on the whole birth certificate bandwagon, though I do not see the harm in releasing the ACTUAL birth certificate. By not releasing it, it just fans the flames, right or wrong. Release it and be done with it. By releasing it, he really makes his foes look silly, in the end, right?

Faux News is a news network alright, just not "fair and balanced", as they profess. I blame Clinton for allowing the "Fairness Doctrine" to expire.

#1: "John D, right, as usual."

After reading above, I have a compromise nominee for "Dumbest line of the year":

"Mark Silva is a nonpartisan journalist, not a Leftwing propagandist."

The Wingnuts are just angry because the guy that they cheerleaded for the last eight years (Shrub Jr) can't speak even when he does have a teleprompter.
.
http://www.youtube.com/watch?v=IdsEdV_cXJc&feature=related
.

THE FUNNIEST THING TO COME OUT OF 2009 IS THE FACT THAT NO MATTER HOW LOW OBAMA'S POLL NUMBERS GO THE WINGNUTTERS STILL HAVE NO ONE ON THEIR SIDE WHO IS CREDIBLE ENOUGH WITH THE GENERAL PUBLIC TO RUN AGAINST HIM.
-
http://www.theonion.com/content/video/zombie_reagan_raised_from_grave
-

No. 7: "There's no health-care crisis.''

Tell that to the more than 40 million Americans who lack insurance for health care. Tell Rep. Joe Wilson, who yelled during a presidential address to a joint session of Congress: "You lie.'' (Runner-up for No. 7 in this commentary.)

!!!!!!!
Obama did lie- in fact, even the Messiah has backed off of the 47Million number and only claims about 30M are w/o insurance... ( which is still inaccurate)

Mark Levin says it best in his book Liberty and Tyranny ...using the census bureau as a source.

"In 2006, the Census Bureau reported that there were 46.6 million people without health insurance. About 9.5 million were not United States citizens. Another 17 million lived in households with incomes exceeding $50,000 a year and could, presumably, purchase their own health coverage [1]. Eighteen million of the 46.6
million uninsured were between the ages of eighteen and thirty-four, most of whom were in good health and no necessarily in need of health-care coverage or chose not to purchase it [2]. Moreover, only 30 percent of the nonelderly population who became uninsured in a given year remained uninsured for more than twelve months. Almost 50 percent regained their health coverage within four months [3]. The 47 million "uninsured" figure used by [Speaker of the Houe Nancy] Pelosi and others is widely inaccurate."

#2: "Tiger, would you and Mrs. Woods be interested in the latest poll results?"

-attributed to "Party Gal" Bruce

# 1 Dumbest line of the year: 2009...08, 07, 06, 05, 04 03 02...ok, you get the picture.

"Liberal Media bias"
- Bruce
.

No. 8: "There's no global warming because it's cold outside.'
'Winter has arrived once again, as it has many times, but the fact that the thermometer has registered below zero in early December does not negate the threat of climate change -- no more than a bunch of hacked emails from England does.

!!!!

Your right Mark- current "weather" doesn't support or refute the church of GW's claims that the the earths climate is being impacted by CO2-the statement is about as dumb as the egotistical claim that man made carbon can radically impact the earths climate.

What does refute their claims is the models they are using that provide evidence of GW have not been able to predict the cooling of the last 11 years...that oalone shoudl discount the "science" of GW...
The emails point out that the"scientists" were exasperated with the dissonance between their predicted catastrophic warming and the reality of the actual scientifically and non disputed cooling of the climate. They were activley working on adjusting data that conflicts with their hypothesis and ignoring or stonewalling requests for the data from other scientists who were skeptical of the conclusions they came to.

@ heartburn 5:06 PM

Yeah PrePuke, there's no health care crisis, it's all myth to take money away from those poor downtrodden schmoes who work for peanuts in the Military Industial Complex. And don't forget Big Oil, I hear a lot those oil excutives are foreclosing on their homes and working extra jobs just so they can, as Bush would say, put food on their family.

It's rough out there for those billionaires that you Repugs love so much, isn't it?

Best Press Conference of 2009:
.
http://www.youtube.com/watch?v=qLKN6mPCQHU
.

Dumbest multimillionaire elitist of 2009.
http://www.youtube.com/watch?v=H-D_S7WOnjg
`

Best Impersonation of a Journalist in 2009
.
http://www.youtube.com/watch?v=c5tVxi6iCXM
.

Heartburn--Did you really just post Mark Levin as a source?

Why would you read anything, let alone believe anything from someone who behaves like this to his "guests"?
.
HOST: Yeah, sure, he can do whatever he wants. Let me ask you a question. Why do you hate this country?

CALLER: No, I love this country.

HOST: (angrily shouting) I SAID WHY DO YOU HATE MY COUNTRY! WHY DO YOU HATE MY CONSTITUTION? WHY DO YOU HATE MY DECLARATION OF INDEPENDENCE?

You just said it. He can blow off Congress. He can do whatever he wants, right?

CALLER: Well, he seems to, he just moved (inaudible).

HOST: Answer me this, are you a married woman? Yes or no?

CALLER: Yes.

HOST: Well I don’t know why your husband doesn’t put a gun to his temple. Get the hell out of here.

And more importantly, do you think your numbers game renders the problem not a crisis in both numbers and cost? What planet are you on?
.
Arguments over the specific numbers ignore the big picture. While there certainly are adjustments to be made when looking at exactly who should be counted among the uninsured, all we really need to know, for this issue to be “properly understood,” is that we as a nation spend $2.5 trillion on healthcare and yet tens of millions of people do not have health coverage at any given time—Americans who want insurance and need insurance.
.
http://www.modernhealthcare.com/article/20090928/SUB/309289970

John D, still unemployed, as usual

Except for 4, it sounds like the Republican Party Platform.

Top Ten Dumbest lines of 2010!
(Condensed)

10-1:
The first ten lines to tumble from Blubbering Becky's pie hole.

No. 8: "There's no global warming because it's cold outside.'

That's correct, and there is no man-made global warming due to the fact of only 30 years of warming in the past 300,000,000 years (or as CM says 3,000,000,000 years).

But here are some other nominees:

"I would tell members of my family -- and I have -- I wouldn't go anywhere in confined places now. It's not that it's going to Mexico. It's you're in a confined aircraft. When one person sneezes, it goes all the way through the aircraft." –Joe Biden

"No, no. I have been practicing...I bowled a 129," Obama said, adding, "It's like -- it was like Special Olympics, or something." - Barrack Obama

2009: Best Piece of Evidence Proving the US Educational System is Failing:
.
http://community.livejournal.com/ontd_political/3983339.html#cutid1
.

#3 "I got mine. You poor bastards can go to hell."

--attributed to Terry

#4 "Trickle down economics works. I have personally felt the trickle on my leg.:

-- attributed to Terry

How about the one where Obama said there was no doubt the Cambridge police officers "acted stupidly?"

That was a pretty dumb thing to say...

I'll believe that is an original BC when you can show me another one from that era (1961) where ANYBODY used the word AFRICAN for RACE.

"Arguments over the specific numbers ignore the big picture. .."

Posted by: dt | December 10, 2009 6:28 PM

But the numbers have been the only argument when it suited the lefts ideological "Health Care Crisis" of 47 MILLION PEOPLE WITHOUT HEALTH CARE!!!! now when people pay attention and the numbers turn out to be way overstated- folks like you want to get sensitive, get your feelings hurt by some strong language and then claim that the real issue is not the numbers?? Your embarassing yourself...

So are you saying that a radical overhaul and takeover of our health care system can be justified because less than 10 % of citizens at one point or another don't have coverage?

We need real free market solutions to health care reform- not one government solution has ever worked --- why would this one work?

Like moths to the flame.

The dumbest line of the year comes from our own Nobel Prize winning Union organizer, Obama.

"But if that same diabetic ends up getting their foot amputated, that's $30,000, $40,000, $50,000 -- immediately the surgeon is reimbursed."

Not only did he insinuate that doctors get paid to remove tonsils from your children, unnecessarily, but here he talks about preventing those doctors from chopping off your feet, because they get paid the big bucks to hack off limbs. Actually Medicare only pays the surgeon between $740 and $1,140 for a leg amputation.

Maybe that's why they start at the feet and work their way up...so that they can get a few extra bucks from the feet, the knee and then the leg! Obama is onto something here! Just chop the leg off right away and save us some dough.

KB,

"I earned mine, try earning yours"

"Supply-side economics have led to three of five longest economic expansions in American history"

KB's quotes:

"The Stimulus is working - 10% unemployment is part of the plan"

"Trillion dollar deficits don't matter, keep spending. Rising taxes will create jobs"

So, Mark you actually BELIEVE that AFRICAN is a RACE? Hmmmm, you might have to nominate yourself for this list.

***_______________________________***
We need real free market solutions to health care reform- not one government solution has ever worked --- why would this one work?
Posted by: heartburn | December 10, 2009 9:45 PM
***_______________________________***

PrePuke.
Free market soultions to health care reform? The so called "free market" corporate health care racket is why we have so many uninsured people in this country in the first place, you moron. If you get sick, the "free market" health insurance industry bean-counters will drop you because you are no longer profitable to them.

And not one government solution has ever worked? Really? Why don't you tell that to the senior citizens who are on medicare and the veterans who use the VA.

Posted by: Gary | December 10, 2009 9:44 PM

You're right Scary Gary, because we all know that 48 years ago a plot was hatched in Kenya to plant a baby in Hawaii - knowing full well that the baby would one day become the President of the United States and drive the right in America over the cliff and into a complete Teabagger led mental meltdown.

"Like moths to the flame."

Mark, you forgot one..

"Unemployment will not exceed 8%."

Looking back that was dumb but so are the people like bought into the "hope & change" line also!

Also don't forget this one:

"I will close Guantanamo Bay".

Another dumb phrase:
"Beer Summit".

You want to see jobs move back to the USA. A 95% tax on anything above 5 million in a year, think that is nuts. Take a little look at history, at the time we still made stuff here. See what CEOs were paid then. I bet most do not know it was JFK the just removed the rich tax. You know was they say about history.

Terry,

Your ""last word" nature got the best of you. Couldn't have provided clearer evidence. Thanks for providing dumb lines #5 and #6.

1: Change is coming (who really expected change from an illinois politician?)
2) We need to fix washington!
obama has done nothing but make it worse.
3) No earmarks/lobbyists - blatant lie by obama.
4) Bi partisianship - I guess obama saying "we won" shows how empty obama's statements truly are.
4) 57 states....
5) It's Bush's fault - seems the democrats don't like people placing the blame on the president if their boy is in office.
6) WE ARE A MUSLIM NATION? mindless and inaccurate
7) The police acted stupidly.
Nothing any president should spew without knowing the facts.
8) people clinging to guns and religion. Great insight to a guy who professes to wanting to unite the country.
9) Any comment that suggests that the tribune is a conservative paper.
10) Transparency! From a guy who has closed door sessions on healthcare and then complains about Republicans not offering ideas.

It's amazing this reporter didn't list the top twenty, then he could of hit more of the democrats talking points.
Maybe he exempted obama from his offering of dumbest lines.

Little Johnny D,
Only you would shout from the rooftops thru all of 2008 and most of 2009 that the Earth is warming but its the result of increased Solar activity and then today proclaim that the temperatures have been "leveling" over the last 10 years. You are one deranged nutjob. Peace.

Dumb Dumb Janet, the last two years has seen solar flare activity basically come to a halt. By a couple of decades prior to that solar activity was high. SCIENCE has shown a history of greater solar activity means warmer temps not just on Earth but throughout our solar system. Lower solar activity has shown to produce cooler temps here on Earth.
Janet, the past 10 years has seen temps level off here on the planet and in the past two years temps on the planet have fallen. Solar flare activity went into a dormant period two years ago.
I've been consistent, Dumb Dumb. Peace!

I continue to be mystified at the cheap shots towards President Obama's intelligence. I realize most American's instinctively dislike people who they perceive to be more intelligent than themselves, but this is beyond ridiculous. He may be a lot of things, but stupid isn't one of them. After suffering through 8 years of incoherent ramblings from a semi-literate, aristocratic dunce, I would think more people would appreciate having a President who doesn't butcher the English language every time he opens his mouth.

And in a country where 75% of the people don't know what to do at a 4 way stop sign, are we really qualified to judge his handling of the toughest job in the world?

#7

"Ah hello, 911 operator? There's an elderly woman in a uniform making quite a racket ringing a bell outside the Wal-Mart while I'm trying to shop for my wardrobe. Seems she's panhandling with a big red kettle. Could you send a police unit to give her a citation for disturbing the peace?"

- attributed to "Ebenezar" Terry

All top 10 could have come from any of JohnnyDeranged posts. You can always tell when this wanna be journalist has lost his job. He's the first to post on every topic in the Swamp! And you know why he posts, it's the only way he can beef up his sorry excuse for a resume...pretending to be a journalist on a blog.

KB,

That would be wrong, a conservative would not be calling the police about a religious organization do charitable work.

The call would be coming from a Flatliner, like yourself "Police, There's an elderly woman in a uniform making quite a racket ringing a bell outside WalMart (don't tell any of my fellow flatliners I shop at WalMart) while I'm trying to shop for my wardrobe (wardrope? what century are you from?). Seems she's panhandling with a big red kettle. Could you send a police unit to give her a citation for competing wirth a gov't bureacracy? I know her organization could do better, but we are the gov't after all and we can't have competition (unless we get to dictate the terms of the palying field).

"I earned mine, try earning yours"--Bernie Madoff (as echoed by his evil offspring, Terry T.)

http://www.onejerusalem.com/wp-content/uploads/2009/07/bernie_madoff_newyork.jpg

Also, scientists say in the past 20+ years sunspot activity has been pretty active, which many say accounts for the warmer temps. More sunspot activity means more radiation entering the atmosphere. Hence, temps on Earth AND Mars have risen lately!

Posted by: John D | March 28, 2008 9:21 AM
;
Little Johnny D,
Always wrong, all of the time.

dts,

Earning yours - something you are incapable of doing.

Bernie, King of teh Ponzi Scheme, Madoff was a big democratic contributor. He was just trying to live up to the ultimate ponzi scheme - Scoial Security

T,

Count your beans and squirrel away your nuts (but leave John D, we need the entertainment) -- winter's coming Terry.

As for that old lady bell ringer, she's not part of some political conspirancy, She's just trying to help her neighbors in the spirit of the season. And these nice men are here to help you.....

By the way, it seems your keyboard doesn't work so well when you get your spittle on it. Must have caused a short circuit.

Whoe,Trickle,
You're getting nastier by the day. Did I got mine so FU Trading Unlimited get busted for providing tax shelters to cheats? Where's your holiday spirit? I thought white-collar crooks got big bonuses this time of year.
And why are you still bragging about an "expansion" that benefited few, bankrupted many, and collapsed the world economy?

One more thing, trickle-boy:
http://www.youtube.com/watch?v=kfdpcrOgUp4

More insane droppings from one of Silva's favorite little misfits, Dumb Dumb Janet:

Also, scientists say in the past 20+ years sunspot activity has been pretty active, which many say accounts for the warmer temps. More sunspot activity means more radiation entering the atmosphere. Hence, temps on Earth AND Mars have risen lately!

Posted by: John D | March 28, 2008 9:21 AM
;
Little Johnny D,
Always wrong, all of the time.

Posted by: janet | December 11, 2009 1:33 PM

Janet, dear, once again I am RIGHT as usual:
http://www.tgdaily.com/general-sciences-features/42006-harvard-astrophysicist-sunspot-activity-correlates-to-global-climate-change

http://www.universetoday.com/2009/04/02/where-are-all-the-sunspots/

My God, Johhny Sun-Spot, is there no end to your deception?
'
You're such a tool, just like the author of your source, Willie Soon:
.
He is chief science adviser to the Science and Public Policy Institute, an organisation which devotes most of its scientific coverage to arguing against anthropogenic global warming or playing down the effects of global warming and whose chief policy advisor, Lord Monckton, is well known for his public opposition to the mainstream scientific opinions on global warming.[2] Soon is also associated with the George C. Marshall Institute, where he co-authored Lessons and Limits of Climate History: Was 20th Century Climate Unusual?[3] with Sallie Baliunas. The pair have also written for the Fraser Institute of Canada regarding Sun-climate connections.

Willie Soon's publications have caused controversy[4] with editors resigning from a journal which published one of his papers.[5] Soon and Baliunas have also been criticised because their research was funded in part by the American Petroleum Institute,[6] [7] a trade association.[8] Another paper coauthored by Soon started a heated debate with polar bear experts.[9]

Soon has long been associated with various U.S. and Canadian think tanks disputing human-induced global warming. Many of the papers he has published on the topic have been co-authored with Sallie L. Baliunas and sometimes with her and other co-authors.

Between December 1998[7] and September 2001[8] he was listed as a "Scientific Adviser" to the Greening Earth Society, a group that was funded and controlled by the WESTERN FUELS ASSOCIATION (WFA), an association of COAL-BURNING utility companies. WFA founded the group in 1997, according to an archived version of its website, "as a vehicle for advocacy on climate change, the environmental impact of CO2, and fossil fuel use."[9] While Soon remains listed on the websites of various think tanks noted for disputing global warming -- such as the Fraser Institute in Canada and the George C. Marshall Institute in the U.S. -- Soon has not written for them for a long time. (For example, the last paper by Soon published on the website of the Fraser Institute dates back to January 2003[1] and for the Marshall Institute the last published paper was in May 2003[2].) (Baliunas was one of the other "scientific advisers").

As of early 2009, Soon's current biographical note states that he "is chief science adviser for the Science and Public Policy Institute".[10] Prior to Bob Ferguson founding SPPI in mid 2007, Soon worked with him from mid-2003 at the Center for Science and Public Policy, a project of Frontiers of Freedom (FOF)[11] funded, at least in part, by EXXON.[12]

KB and dts,

Everyone better start squirrelling away their money, since the economy is in the crapper, you never know when you might join the 17% in the unemployment or underemployed line.

Big bonuses? Not in this economy - thanks BO.

That expansion had unemployment under 5%. I'll bet there are several million people that wish the Bush economy was still in effect.

Big bonuses? Not in this economy - thanks BO.
What the hell is that supposed to mean? Maybe you forget the rewards for failure in the Bush economy.
E.G. Carly Fiorina, CEO, HP.
You failed, you're fired, here's your 21.1 million severance package!
But Terry has a problem with Fed workers who make $70,000.
The "expansion" also had stagnant wages and was built on a house of cards. The expansion also saw a dearth of good paying jobs. If you thought the Bush years were good times for the ave. worker, you need to come out of your bubble.
To compare Bush deficits to Obama's is ludicrous. Bush inherited a surplus, even after the tech-bubble burst. Obama inherited a train-wreck, a crisis of unimaginable proportions. The stimulus is necessary, and we probably need, but won't see another.
http://crooksandliars.com/susie-madrak/krugman-without-more-stimulus-jobless
Those "several million people that wish the Bush economy were still in effect", would that be before or after the whole thing came crashing down and threatened the collapse of the entire world economy?

dts,

I don't like the severence packages for failed CEOs - but that is none of my business unless I am a shareholder. The "average" fed worker making $71K per year is my concern since I am a taxpayer.

Bush inherited PROJECTED surpluses and he also inherited an economy 40 days from recession and a terrorism problem that had been neglected for 8 years by Clinton. If Clinton had handled bin Laden in the 8 times that he could have been taken out, we never would have these wars. Clinton could never find bin Laden, but American news organizations could interview him as late as 1998.

Compared to where BO is taking us, I'll bet a job with "stagnant wages" is better than no job at all.

You don't explain the "hosue of cards" that Bush economy was supposedly built on.

Terry,

Just one example --to know that those murderous, no-biddding, trigger-happy idiots at Blackwater are unemployed is an early holiday gift.

KB,

I hope you weren't referring to these Blackwater employees:

http://www.cnn.com/2004/WORLD/meast/03/31/iraq.main/

BTW, at least 18 Blackwater employees lost their live in Iraq, but you probably celebrate that fact.

Still waiting to see what that "Hosue of Cards" you referred to is. Facts got your tounge?

T,

YOU'RE the gift that keeps on giving. Thanks for more dumb quotes.

I'm not KB. Many people saw the "House of Cards" for what it was, just not you, apparently.
http://www.thenation.com/doc/20040816/baker

I guess now it is "our business", eh Terry?
http://www.nytimes.com/2009/10/18/opinion/18rich.html?_r=2

"House of Cards"--we may not have hit bottom:
http://www.dailyfinance.com/2009/11/25/house-of-cards-after-artificial-rise-home-prices-may-be-headed/

dt
Great 04 article from The Nation. I actually remember reading it. Greenspan's tactic worked and the bubble survived a couple more years.

But I remember the nervousness of 05 with more and more commentators predicting a disaster. By 06 everyone with an ounce of sense was staring down the huge approaching iceberg.

I think Greenspan deserves the most individual blame for the bubble. It was his job to slowly deflate it through higher interest rates.

Beyond Alan, I blame Moody's and the other bond raters and G/Sachs.
Sachs, and others, were paying Moody's and the other raters to give AAA ratings to the bundled securities that everyone involved knew were junk.

I remember Terry (remember that T?) arguing with me in 07/08 that the burst bubble would only hurt the stupid poor borrowers and a few greedy lenders.

A musical break for Terry,

Masters of War
by Bob Dylan

Come you masters of war
You that build the big guns
You that build the death planes
You that build all the bombs
You that hide behind walls
You that hide behind desks
I just don't want you to know
I can see through your masks

You that never done nothin'
But build to destroy
You play with my world
Like it's your little toy
You put a gun in my hand
And you hide from my eyes
And you turn and run farther
When the fast bullets fly

Like Judas of old
You lie and deceive
A world war can be won
You want me to believe
But I see through your eyes
And I see through your brain
Like I see through the water
That runs down my drain

You fasten all the triggers
For the others to fire
Then you set back and watch
While the death count gets higher
Then you hide in your mansion
While the young people's blood
Flows out of their bodies
And is buried in the mud

You've thrown the worst fear
That can ever be hurled
Fear to bring children
Into the world
For threatening my baby
Unborn and unnamed
You ain't worth the blood
That runs in your veins

How much do I know
To talk out of turn
You might say that I'm young
You might say I'm unlearned
But there's one thing I know
Though I'm younger than you
Even Jesus would never
Forgive what you do

Let me ask you one question
Is your money that good
Will it buy you forgiveness
Do you think that it could
I think you will find
When your death takes its toll
All the money you made
Will never buy back your soul

dts,

So the House of Cards is the housing market? And you quote a 2004 Nation article. President Bush actually tried to to regin in Fannie and Freddie in 2003

http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html

As a matter of fact, the NYT saw this coming as far back as 1999 before President Bush was in office

http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html?pagewanted=1

CM,

You have a more rational approach than dts. Greenspan does deserve some blame as do the ratings agencies. However, those two quasi-gov't agencies Fannie and Freddie deserve the most blame as they were acting as the "backstop" to these risky mortgages and their derivative offspring. Fannie and Freddie were enabled by their handlers that were fed campaign cash from them - Dodd, Frank, etc...

KB,

As far as dumb quotes - you are working your way into Trickled On JOhnE and Scottie territory.

Posted by: Terry | December 12, 2009 10:27 PM
__________

Troglodyte Terri from Wasilla,

Fannie and Freddy didn't cause Bush's economic meltdown, they were victims of it.

Try again, you toothless ape.

Hey Terry, where you goin' with that gun in your hand
Hey Terry, I said where you goin' with that gun in your hand

I'm going down to shoot my old GOP
You know, I've caught her messin' around with another man
I'm going down to shoot my old GOP
You know, I've caught her messin' around with another man
And that ain't too cool

Hey Terry, I've heard you shot your GOP down,
shot her down, now
I said I've heard you shot your old GOP down,
Your kind shot the GOP down to the ground

Yes I did, I shot the GOP
You know, I caught her messin' round, messin' round town
Yes I did, I shot her
You know, I caught my old GOP messin' around town
And I gave her the gun
I SHOT HER!

Hey Terry, alright
Shoot the GOP one more time for me, baby

Hey Terry, said now
Where you gonna run to now?
Where you gonna run to?
Hey Terry, I said where you gonna run to now?
Where you, where you gonna go?
Well, dig it

I'm goin' way down south,
Way down to Teabagger way
Alright!
I'm goin' way down south,
Way down where I can be free to fail
Ain't no one gonna find me

Ain't no hangman gonna,
He ain't gonna put a rope around me
You better believe it right now
I gotta go now
Hey Terry, you better run on down
Good by everybody
Hey Terry, uhh
Run on down

Terry's the guy in the green shirt--scary fella. It must be unbearable living with all this "tyranny".
http://www.thenation.com/slideshow/20091005/slideshow_rightwing/1

Blaming Bush is kinda like sticking you head in the sand and ignoring that the very same guys that caused the melt down are still trying to prop up the economy. Greenspan is out but Bernanke continues the low, no interest rate easy money Fed.

Paulson was CEO of Goldman Sachs and look who came out this smelling like a rose...GS and Geithner was at Goldman also.

Rahm Emanuel: responisble for NAFTA passing, now he's White House Chief of Staff.

Larry Summers and Robert Rubin fought regulation to control the out of control Credit Default Swaps...still right there. Summers will probably be the next Secretary of Treasury.

Bush, yeah he should have done more and fought harder. But, Bush is gone. The SOS continues in Washington whether it involves the economy or Congress. By the way Congress is responsible for regulations on Banking and trading as in the Credit Default Swaps.

Congress is only interested in regulating their own bank accounts and how much they can skim...

Trickled On JohnE,

Quit trying to play child economist

Here is footage from Congress showing the GSE's role in the financial crisis:

http://www.youtube.com/watch?v=_MGT_cSi7Rs

Then further intellgence by Trickled On, we get a cute version of an old Hendrix tune and from dts we get a slide show from the Nation. NIce job children.

Troglodyte Terri,
I realize that I'm indulging in the lunatic fantasies of a mentally ill moron when responing to you, but again, Fannie and Freddie didn't cause the Bushco Republicans economic meltdown, they were victims of it. And posting a childish, out of context video doesn't change that fact.

Why don't you try doing what everyone else does every once in a while and shut off your computer and go visit with your family. Maybe they'll quit hating you so much.

Read the attached paragraph called "The Subprime Mortgage Primer"

http://useconomy.about.com/od/grossdomesticproduct/tp/Subprime_Mortgages_FNMA.htm

Sums it up pretty well.

And now you know why you make minimum wage still.

Fannie and Freddie didn't cause the Bushco Republicans economic meltdown, they were victims of it. And posting a childish, out of context video doesn't change that fact.

Posted by: John E | December 13, 2009 4:34 PM

Victims? Be serious. We the taxpayers are the victims of Barney Frank wanting to redistribute a house to people that had no business getting loans. Fannie and Freddie were enablers for the drunken out of control Congress and Mortgage bankers.

Troglodyte Terri and Free to Watch Fox Propaganda and Lies,

The economy melted down under a Republican administration and a Republicans Congress. Everyone knows and acknowledges this as a fact, which is why you wingnut whackjobs are so deep in the minority right now.

The contunied delusions that you right wing lunatic fringers have is why no one takes you seriously anymore and it's also why stone cold idiots like Sarah Palin are what passes for your leadership nowadays.

PS - Terri, do you even read your links?

"The subprime mortgage crisis started because banks and mortgage companies packaged risky loans and resold them on the secondary market"

Proves my point....

TrickledOn,

The recession started under a democratic Congress.

It wasn't the reselling of packaged loans on the secondary market that was the problem. It was the fact that the loans were RISKY. A risk that was forced upon the lending institutions by democratic lawmakers.

No wonder why you are unemployed.

Trickle,

How did those darn loans get so risky in the first place?

Don't forget to blame it all on the CRA next.

Next.....

BubbaJ,

I believe I already put the blame where it belongs, on the gov't:

"A risk that was forced upon the lending institutions by democratic lawmakers."

If you can think logically, why would a lending institution make a hosue loan this risky unless being "encouraged"? Wouldn't the chance of default be higher? If the borrower defaulted, wouldn't there be a less chance of getting the money back if there was no money down?

Go ahead and try to think like an economist?

Bubba,
Talk to flat earth Wingnuts like Terry about the financial crisis and you enter an alternative, bizarro universe in which government bureaucrats, not greedy bankers, caused the meltdown. It’s a universe in which government-sponsored lending agencies triggered the crisis, even though private lenders actually made the vast majority of subprime loans. It’s a universe in which regulators coerced bankers into making loans to unqualified borrowers, even though only one of the top 25 subprime lenders was subject to the regulations in question.

......and they still can't understand why they're so deep in the minority right now.

Turtle head in shell,

We've been down this road before. You didn't understand it then and you won't now, regardless of how much proof is provided.

Read Krugman's latest.

There isn't a more glaring example of the failure of your free market wonderland.

Like I said, next.......

J.E.-
Terry discounts anything Krugman says because it doesn't fit his ideology, despite Krugman's proven track record and credentials (Nobel-Prize-Winning economist). Yet he embraces the rantings of the certifiably insane Mark Levin because he's a self-proclaimed expert on "constitutional law". I'll go with the sane guy.

http://www.nytimes.com/2009/12/14/opinion/14krugman.html

Terry,
Another moronic statement for the ages. worse than "the dog ate my homework" feebleness:
"It wasn't the reselling of packaged loans on the secondary market that was the problem. It was the fact that the loans were RISKY. A risk that was forced upon the lending institutions by democratic lawmakers."

The Real Deal (Fact-check.org)

So who is to blame? There's plenty of blame to go around, and it doesn't fasten only on one party or even mainly on what Washington did or didn't do. As The Economist magazine noted recently, the problem is one of "layered irresponsibility ... with hard-working homeowners and billionaire villains each playing a role." Here's a partial list of those alleged to be at fault:

* The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.

* Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.

* Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.

* Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.

* The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.

* Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.

* Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.

* Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.

* The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.

* An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.

* Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

The U.S. economy is enormously complicated. Screwing it up takes a great deal of cooperation. Claiming that a single piece of legislation was responsible for (or could have averted) the crisis is just political grandstanding. We have no advice to offer on how best to solve the financial crisis. But these sorts of partisan caricatures can only make the task more difficult.

Terry,
Try to think like this economist.
Read it and weep,

http://www.nytimes.com/2009/12/14/opinion/14krugman.html?_r=1&ref=opinion

Also:
"If you can think logically, why would a lending institution make a hosue loan this risky unless being "encouraged"?"
Answer:
Because they were flipping them.

TrickledOn JohnE,

I provided pictures so you might understand - and its connect the dots!!!

http://www.gallup.com/poll/120857/conservatives-single-largest-ideological-group.aspx

Terry,
You confuse "conservatives" with the lunatic fringe which has become the Republican Party:

There are "wild accusations and the paranoid delusions coming from the fever swamps," said David Frum, a conservative author and speechwriter for President George W. Bush who is among the more vocal critics of the party base and of the conservative talk show hosts helping to fan the unrest. "Like all conservatives, I am concerned about this administration's accumulation of economic power," Frum said. "Still, you have to be aware that there's a line where legitimate concerns begin to collapse into paranoid fantasy."

Frum and other establishment Republicans have spoken out in recent days against the influence of what they view as their party's fringe elements.

We'd like to believe that you're not a spokesman for the foaming-at-the-mouth fringe, but the evidence says otherwise (like your allegiance to nutty Mark Levin:

MR LEVIN: Let me tell you what I think you're doing, Mr. President. You want this economy to crash. You want this currency to crash. Because what a magnificent opportunity to rearrange and remake society once its basic institutions have failed. That's what you're up to. I'm the only one with the guts to say it, because I know history. I know economics. I know your mentors. I know what you're doing. You have a huge chip on your shoulder. And a really sick philosophical point of view. That's where you're taking us.

Levin, Hannity, Limbaugh, Beck-- connect the dots and you have the teatards and afterbirthers, the new face of the Pug Party.

Smart people: 100

Teri: -10

Troglodyte Terri "Einstein",

Nowadays, people who consider themselves real conservatives (unlike Teabaggers like yourself) now call themselves: Independents, Libertarians and Democrats....thus the reason for the low Repug id.
.
http://crooksandliars.com/node/32204
.

To all you Krugman kool-aid drinkers,

Would you expect any different from Krugman - the larger the gov't, the better economists?

He conviently leaves out the Fannie and Freddie pushing of loans in the 90's, the admendment in Gramm-Leach-Billey Act that lowered lending standards, and the democrats constantly covering for Freddie and Fannie and they dragged the economy down the tubes. He's a Nobel winning economist and AlGore is a NObel winning scientist. MAkes you feel proud.

dts,

You are correct on the Fed - lower rates.

Where do you think the easy "credit" came from? Don't confuse easy credit, with low interest rates.

If the mortgage interest deduction (I'm not a fan of it) or real estate agents were culprits in this, we should have had a housing-bubble long ago.

The Clinton administration lowing lending standards - thru GLBA and Fannaie and Freddie

You have a good list, let's pause at the Bush administration (I'm not defending just because its the Bush administration either). The Bush Administration actually did try to regulate Fannie and Fannie and set more stringent capital reserve requirements. The effects of Fannie and Freddie lowering lending stds.

http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html

Mark to Market Accounting does suck. It prices assets at a point in time and cause a write-down of the asset even if that asset price at the time is just an aboration. Also, you can't write the value of the asset back up if the value subsequently increases. Read SFAS 157 if you want your head to spin.

CM,

"Because they were flipping them".

I assume by "them" you mean the loans? Ask yourself this, when they first made these loans, how did they know they would have a market to flip them?

Trickled On,

Many conservatives don't call themselves republican any more due to the fact that the republican party acted like a lite version of the democratic party - especially with domestic spending and personal behavior.

Dumb Shiite,

This is all about deregulation that dates back 40 ffffing years.

And you will continue to defend the worst economy, the house of cards, as long as you get the last word.

Do you have anything substantial to defeat Krugman? Of course not. You cast him off as part of the Kool Aid crowd. And conveniently throw in a dig at climate change realists.

You are the one percent of the world.

Maybe try to find a friend and they will explain that to you.