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Al Cook
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Joined: 21 December 2004
Posts: 12734
Posted: 12 October 2008 at 8:15am | IP Logged | 1  

Wow. How many pages in one day was that?

And how much progress was made? Other than, you know, discovering that
the sanctity of my relationship with Jodi and Talley is a concept only in my
mind... (Welcome aboard anyway, Wayde. At least it'll be nice to have a
fellow Canadian to balance things out.)
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Marcio Ferreira
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Posted: 12 October 2008 at 8:51am | IP Logged | 2  

Since we don't know who the economic advisors would be or what proposals they would come up with, it's a guessing game.
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So it is better to discuss things that don't matter instead of looking for asnwers on that?

Your definitions of Republican and Democrat are way too simplistic.  You painted it as black and white when in the reality of things it's not that clear cut.
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For tha sake of this discussion we have to make some assumptions, that was not a definition and you are smart enough to know that. You can propose more complex assumptions and we can disccus based on "adjusted" assumptions, but I have the feeling that all you want to do here is to "win" the discussions, for a grown up man that attitude is silly.

Republicans are not for complete deregulation.  Democrats are not for full regulation.  What we need is smart regulation.  The regulation should be in place to prevent the worst of the worst from happening without getting in the way at other times.  They shouldn't be narrow corridors that block all but the sunniest of sunny day scenarios.
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Let's not start that again, see my answer above, ASSUMPTIONS, we can adjust. PROPOSE, not disqualify, that is easy.

As far as the candidates, I'd trust McCain to be more bipartisan when it came to getting economic advice than I would Obama, and that's what I think it will take to solve this crisis.  If anyone thinks that one party is going to solve this problem by doing things their way without the other party, then they are being naive at best.
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Again, bully disqualification do not affect me. It is OBVIOUS that one party cannot come up with the solutions (did you read what I said? BUSH is reunited not only with the Rich Club (G7), but also with the poor Club (G20)) The question is, the PRESIDENT will point the ones in the table to make the negotiation, and NAIVE is to think that Good'old Maverick McCain will decide alone and will shoose whoever he wants, if it were that way he would have certainly not have choseen the sewer tactics that putted him out of the game in 2000.

Scott, if you want debate, let's debate, if you are here just to bully and play "who wins the discussion", then I will not waste my time. I like debating and I like when people have OPEN minds to challenge their beliefes, that is why I am not very religious person (although I do believe in God, just not shure if he believes in ourselves), so I do not like the kind of argument that simply play disqualification and find some diversion to change the main point of the debate.
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Wayde Murray
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Posted: 12 October 2008 at 9:28am | IP Logged | 3  

Hey Al, thanks for the all aboard. Let's all go down to Pop's Chocklit Shoppe for a malted.

Of course, if I'm reading this right, Jodi is Archie, you and Brian are Betty & Veronica, and I'm Big Ethyl.



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Al Cook
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Posted: 12 October 2008 at 9:32am | IP Logged | 4  

That's about my take.

I'm just trying to figure out if I'm Betty or Veronica...
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Mark Waldman
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Posted: 12 October 2008 at 9:36am | IP Logged | 5  

The problem the Republicans have now is the country's so F'd up due to Bush's antics the past 8 years (that they all adored), to suggest more of the same is in order sounds so absurd, that they can't sell it to the American people.  Even the staunch dummies that make up the base can't go along with that.  I know Republicans who are confused - they see the country falling apart, and aren't sure who to blame. 

McCain and the beauty queen are left to support the foolish war and spending of Bush, while talking out the other side of their mouths saying they represent "change" and are against the "fat cats" who did this to "main street."  It makes for high comedy as the old guy and the floozy try to tell beleaguered Americans that they're completely opposite of the party who got us here, but represent the same values too!  hahaha

Not to mention the Republicans have no leadership.  The 8 year Republican president clearly isn't the leader, he's a rudderless ship no one cares about anymore.  The guy about to lose the election isn't well loved by his party, all the other rats have scurried away from the Bush administration, and it would appear Bush has annoited Paulson president. 

Not a great time to be a Republican.  Now, all you see are bitter, angry Republican factions left to attend hateful rallies, and scream out against Obama and his skin color. 

I love when the right says they need to oust the folks who've done this, implying somehow it's a Democrat controlled Congress, and not their own side who had total control of the country the majority of those 8 Bush years. 

They got what they asked for - unnecessary wars, wild spending, no regulation, and a dumb a** failed son, student and business man as their leader.  Time for change, and that isn't coming from the Republican party.
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Marcio Ferreira
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Posted: 12 October 2008 at 10:18am | IP Logged | 6  

Well said Mark, well said.

But I would really like to explore the facts of this financial crisis.
How banks and other corporations had a tremendous exposure on derivative instruments that end-up sukcing the liquidity of the market, and made those institutions go bankrupt.

The use of derivatives is dangerous and can produce chaotic results, I suggest two movies, first the documentary on Enron (Enron smartest guys in the room) and one with Ewan McGregor about the Fraud in the Cingapure branch of Barings Bank.

There many examples, in Brazil in the past few days 3 companies (2 public and one private) informed the market about losses of USD 3 billion, all due to derivatives on exchange rate (BRL x USD).

That happened few years ago with a german company in US, Metallgesellschaft.
They made derivative contracts to Hedge Oil Price risk. you can read about that here

The derivative market is way too dangerous to be unregulated, is not about corridors and try to "freeze" the way companies do business, nothing like that, is about protecting countries from massive impact of the dangerous outcome of such financial instruments.
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F. Ron Miller
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Posted: 12 October 2008 at 10:21am | IP Logged | 7  

Mark you left out the part about the ruling party being anti-science as well.
The effects of that type of 'conservatism' cannot be underestimated.
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Jodi Moisan
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Posted: 12 October 2008 at 10:58am | IP Logged | 8  

Of course, if I'm reading this right, Jodi is Archie, you and Brian are Betty & Veronica, and I'm Big Ethyl.

Man I was thinking Talley was Archie, Al and I were the Betty (me) and Veronica (Al since he has great legs like she did), and Wayde you could be Reggie.

Pop's Chocklit Shoppe, you mean the "My Big Fat Gay Thread Drift"

 

 

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Al Cook
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Posted: 12 October 2008 at 11:02am | IP Logged | 9  

You're too kind, Jodi. And you forgot to mention I have dark and sultry good
looks like Veronica, too.
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Marcio Ferreira
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Posted: 12 October 2008 at 11:33am | IP Logged | 10  



Alex Ross rocks!!!
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Marcio Ferreira
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Posted: 12 October 2008 at 11:35am | IP Logged | 11  



Eric Larsen is my Hero!!!
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Jodi Moisan
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Posted: 12 October 2008 at 11:37am | IP Logged | 12  

I love that!!!!!
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