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Michael Myers
Byrne Robotics Member
Joined: 28 December 2004
Posts: 831
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| Posted: 08 October 2008 at 10:23am | IP Logged | 1
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"Off the top of my head, things like:
Paranoia, distrust, divisiveness, unpopular president, controversial war,
corruption, economic crisis, loss of international credibility and respect,
media and politics that prey on and promote the ignorance of the general
populace, environmental pressures, energy pressures..."
Are we talking about antebellum America, the Vietnam War, Korea, the 1907 stock crash, the 1873 depression, or what, Al?
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Al Cook
Byrne Robotics Member
Joined: 21 December 2004
Posts: 12734
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| Posted: 08 October 2008 at 10:26am | IP Logged | 2
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We're talking about the world outside your window, if you'd care to stop
being disingenuous and look at it.
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Al Cook
Byrne Robotics Member
Joined: 21 December 2004
Posts: 12734
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| Posted: 08 October 2008 at 10:26am | IP Logged | 3
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Obviously, these factors have cropped up before, and will again. They do so
whenever the nation is at a low point.
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Christopher Alan Miller
Byrne Robotics Member
Joined: 26 October 2006
Location: United States
Posts: 2787
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| Posted: 08 October 2008 at 10:26am | IP Logged | 4
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Source?
++++++++++++++++++++++
Can't he just claim to have heard it on right-wing radio like you do?
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Michael Myers
Byrne Robotics Member
Joined: 28 December 2004
Posts: 831
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| Posted: 08 October 2008 at 10:35am | IP Logged | 5
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"Do you think the Hubbard plan, which if I read it right would be a
direct federal loan "repayable" to the federal government, would result
in similar offers from banks or would the Fed have to set the
accompanying rate to ensure a higher bank rate? Would the interest
payments to the goverment be tax deductible (wouldn't they have to be)"
The McCain campaign is vamping at the present time, Geoff. I agree, the Hubbard proposal is the better of a questionable lot (though I'd trust Hubbard over others). McCain's proposal isn't quite the Hubbard proposal, and bears far more resemblance to the Dodd and Frank offerings. McCain goes farther even than those plans, however, by proposing the FHA buy outright, rather than backstopping the mortgages. His principal write-down is devoid of the market ties offered by the Hubbard proposal (like no refinancing to maintain ratios), to this point any way.
On your last two questions, it isn''t clear under the McCain plan. Under Hubbard and Mayers, the rate would have to be set (artificially) to entice widespread acceptance. On the second, I don't see any other way, though the buy-out/sell provisions differ among almost all the plans...the only fixed being initial equity provisions and principal write-down, and some some sort of sell provision to protect the government.
Like I said, Senator McCain is vamping to get the details worked out. Right now, his proposals are far more in line with the Dodd and Frank plans.
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Mike O'Brien
Byrne Robotics Member
Official JB Historian
Joined: 18 April 2004
Location: United States
Posts: 10927
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| Posted: 08 October 2008 at 10:36am | IP Logged | 6
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No, I get that his first question was nice - but then he accuses me of ducking the question and tears into those attempting to answer it while I was on my way to work.
A real class act that one. I'm calling him on his stuff.
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Mike O'Brien
Byrne Robotics Member
Official JB Historian
Joined: 18 April 2004
Location: United States
Posts: 10927
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| Posted: 08 October 2008 at 10:38am | IP Logged | 7
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Can't he just claim to have heard it on right-wing radio like you do?
Jesus - your old snark was better - it was annoying but at least factually accurate.
He claims, and I quote, that I "ALWAYS" pass off "bullshit" as "hyperboyle". Your example refers to one incident where I heard something on the radio and couldn't site the show or date thereof.
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Michael Myers
Byrne Robotics Member
Joined: 28 December 2004
Posts: 831
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| Posted: 08 October 2008 at 10:39am | IP Logged | 8
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"Obviously, these factors have cropped up before, and will again. They do so
whenever the nation is at a low point."
The bold is mine, and I agree completely.
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Al Cook
Byrne Robotics Member
Joined: 21 December 2004
Posts: 12734
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| Posted: 08 October 2008 at 10:42am | IP Logged | 9
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Ah! So the nation is at a nadir, then!
Thanks for recognizing that, Michael.
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Geoff Gibson
Byrne Robotics Member
Joined: 21 April 2004
Location: United States
Posts: 5744
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| Posted: 08 October 2008 at 10:44am | IP Logged | 10
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My wife tried nadir once -- said it really burned.
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Scott Richards
Byrne Robotics Member
Joined: 22 September 2005
Posts: 1258
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| Posted: 08 October 2008 at 10:45am | IP Logged | 11
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we NEED a wise and intellegent leader.
I agree with you there Mike. I just disagree on who that person is. :P
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Michael Myers
Byrne Robotics Member
Joined: 28 December 2004
Posts: 831
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| Posted: 08 October 2008 at 10:46am | IP Logged | 12
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QUOTE:
| No, I get that his first question was nice - but then he accuses me
of ducking the question and tears into those attempting to answer it
while I was on my way to work.
A real class act that one. I'm calling him on his stuff. |
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And, a persecution complex, too, Mike? My suggesting Al take up your slack is accusing you of ducking? Take medicine, Mike.
Now, why don't you "call me" on "my stuff", and back up your hyperbole?
QUOTE:
| [He claims, and I quote, that I "ALWAYS" pass off "bullshit" as
"hyperboyle". Your example refers to one incident where I heard
something on the radio and couldn't site the show or date thereof. |
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Now, Mike, how are you're quoting me? here's what I asked:
"But then, that's how you ALWAYS react to being shown for empty generalizations, isn't, Mike?"
You didn't appreciate this question?
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Topic Closed)
