wrote:

Dave wrote:
War is obsolete. If it practised at all it should be by aq neutral
authority with power to stop any aggressor, including the USA, including
Russia, including the East Timorese.

Which cereal box did you get your PhD from?

The USA is not superior to the
rest of the world. We have no exceptional moral authority. Especially
since the illegal and immoral invasion of Iraq.

Still spouting your Neo-Communist moral relativism propaganda lies, Dr
David?
If you don't like the christian morals of the U.S. pack your bags.
This isn't your home country - Soviet Union/China.
No one is holding a gun to your head and no one is denying you a
passport.
Go back from where you came. You mama is lonely.

Dumb mouth-breather can't even spell "Christian", let alone understand
Christ.

On Aug 30, 8:20*pm, Dave wrote:

War is obsolete. *

It will always be the finial arbiter of differences between nations.

Not always. *Just until this oxymoronic joke called "civilization"
crashes and burns.

Dr. DaviD, PhD (Piled Higher and Deeper) is an unemployed writter-
wanna be. He is a card carrying member of The Federation of Anarchist
Communists.
His sole goal in life is to alleviate his handicap (sleep deprevation)
and see to the destruction of your persuit of happiness.
In other words he is a homicide bomber wanna-be. But he lacks the
courage to get out of bed. Recommended treatment? Suicide. He is
pro-choice so should be given this encouragement.

On Aug 30, 11:08 am, Billy Burpelson wrote:
wrote:
Senator Obama's statement that "our economy is in turmoil" is standard
stuff on the left and in the mainstream media, which has been dying to
use the word "recession."
Billy Burpelson wrote:
Forget Obama, the 'R'(recession) word and the left or the right.
Have you been out in the real world lately?
Gasoline, heating oil, aviation fuel, basic food staples like bread
flour, tuition, medical costs...all experiencing double digit inflation.
Real income down every year since 2000.
Record number of private and business bankruptcies.
The housing/credit scandal and more home repossessions since 1929.
-Millions- of decent paying American manufacturing jobs 'downsized' and
'outsourced' to our friends in India and China.
Yup, the economy is in swell shape. (Although to others who -don't- have
their head in the sand, it may indeed sound like the economy IS "in
turmoil").
However, if you insist on "blaming the messenger", Obama is as good a
target as any, I suppose.
wrote:
It is the stupid audacity such as persons like yourself who have
absolutely Zero knowledge of history or any understanding of sound
economic theory
Huh? The mortgage/housing/credit crisis was based on "sound economic
theory"?

which clearly reflects the result of the Public
Education system of which ObaMao is so intimately an architect with
his Neo-Communist Komrad - Professor Ayers.
Comunist propaganda lies are only beleived by the ignorant. That you
have plenty.
http://mises.org/etexts/Mises/anticap.asp
Huh? "stupid audacity", "zero knowledge", "Comunist [sic] propaganda lies"?



But thanks for answering the question about how often you get out --
it's quite clear you haven't been to a grocery store or gas station
lately. You really should try and get out into the real world a bit more
often. Hey, it ain't pretty sometimes, but at least it's, well...real. :-)

wrote:

Better to keep your mouth closed and be thought a fool than to open it
and remove all doubt.

Well, I asked:

"Please show me where any of the facts on the state of the economy that
I listed above are not true. (Please read this last sentence again and
read it carefully -- I await your response)."

I'll take your non-response to mean that you can't disprove them and
that you think the economy is indeed in swell shape.

And yes, it is better to keep your mouth shut. Only a fool would think
the economy is in good shape and then blame the messenger for stating
otherwise.

wrote in message
...
He is a card carrying member of The Federation of Anarchist
Communists.

You do realize that the above is a geniune, bona fide, oxymoron, don't you?

Communists (in the currently presumed form of totalitarian dictatorships)
are one the strongest forms of government there is (along with dictatorships
resting anywhere along the political arc), whereas anarchists do not believe
in any form of government nor even the rule of law.

On Aug 30, 9:08*pm, "Brenda Ann" wrote:
wrote in message

...
*He is a card carrying member of The Federation of Anarchist
Communists.

You do realize that the above is a geniune, bona fide, oxymoron, don't you?

Communists (in the currently presumed form of totalitarian dictatorships)
are one the strongest forms of government there is (along with dictatorships
resting anywhere along the political arc), whereas anarchists do not believe
in any form of government nor even the rule of law.

Simply a means to an end - global mass suicide.

The Federation of Anarchist Communists (Federazione dei Comunisti
Anarchici) was established in 1986 in Italy from the fusion of the
Organizzazione Rivoluzionaria Anarchica (Revolutionary Anarchist
Organisation) and the Unione dei Comunisti Anarchici della Toscana.

Please direct further inquiries to Dr. DaviD. PhD (Piled high & Deep)

On Aug 30, 9:57*am, Billy Burpelson wrote:
wrote:
Senator Obama's statement that "our economy is in turmoil" is standard
stuff on the left and in the mainstream media, which has been dying to
use the word "recession."

Forget Obama, the 'R'(recession) word and the left or the right.

Have you been out in the real world lately?

Gasoline, heating oil, aviation fuel, basic food staples like bread
flour, tuition, medical costs...all experiencing double digit inflation.

Real income down every year since 2000.

Record number of private and business bankruptcies.

The housing/credit scandal and more home repossessions since 1929.

-Millions- of decent paying American manufacturing jobs 'downsized' and
'outsourced' to our friends in India and China.

Yup, the economy is in swell shape. (Although to others who -don't- have
their head in the sand, it may indeed sound like the economy IS "in
turmoil").

However, if you insist on "blaming the messenger", Obama is as good a
target as any, I suppose.

In one of those front-page editorials disguised as "news" stories, the
New York Times blames "the lucrative lending practices" of banks and
other financial institutions for helping create the current financial
crisis of millions of borrowers and of the financial system in
general.

It must take either a willful determination to believe whatever they
want to believe or a cynical desire to propagandize their readers for
the New York Times to call "lucrative" the lending practices that have
caused many lenders to lose millions of dollars, some to lose billions
and some to go bankrupt themselves.

Blaming the lenders is the party line of Congressional Democrats as
well. What we need is more government regulation of lenders, they say,
to protect the innocent borrowers from "predatory" lending practices.

Before going further down that road, it may be useful to look back at
what got us into this mess in the first place.

It was not that many years ago when there was moral outrage ringing
throughout the media because lenders were reluctant to lend in certain
neighborhoods and because banks did not approve mortgage loan
applications from blacks as often as they approved mortgage loan
applications from whites.

All this was an opening salvo in a campaign to get Congress to pass
laws forcing lenders to lend to people they would not otherwise lend
to and in places where they would not otherwise put their money.

The practice of not lending in some neighborhoods was demonized as
"redlining" and the fact that minority applicants were approved for
mortgages only 72 percent of the time, while whites were approved 89
percent, was called "overwhelming" evidence of discrimination by the
Washington Post.

Some people are more easily overwhelmed than others, especially when
they find statistics that seem to fit their preconceptions. But if we
do what politicians and the media seldom bother to do-- stop and
think-- an entirely different picture emerges.

In our own personal lives, common sense leads us to avoid some
neighborhoods. If you want to call that "redlining," so be it. But
places where it is dangerous to go are often also places where it is
dangerous to send your money.

As for racial differences in mortgage loan application approval rates,
that does not tell you much if you are comparing apples and oranges.
Income, credit history and net worth are just some of the things that
are very different from one group to another.

More important, in the same ways that blacks differ from whites,
whites differ from Asian Americans. The fact that whites are turned
down for conventional mortgage loans, and resort to subprime loans,
more often than Asian Americans do is seldom reported in "news"
stories about lending practices, even though such data are readily
available.

Shocking as it may be to some, lenders are in the business of making
money, and they don't much care whose money it is, so long as they get
paid.

Politicians, on the other hand, are in the business of getting votes,
and they don't much care whose votes it is [Socialist, Communists,
Liberal Fascists]-- or what they have to say or do in order to get
those votes.

It was government intervention in the financial markets, which is now
supposed to save the situation, that created the problem in the first
place.

Laws and regulations pressured lending institutions to lend to people
that they were not lending to, given the economic realities. The
Community Reinvestment Act forced them to lend in places where they
did not want to send their money, and where neither they nor the
politicians wanted to walk.

Now that this whole situation has blown up in everybody's face, the
government intervention that brought on this disaster in is supposed
to save the day.

Politics is largely the process of taking credit and putting the blame
on others-- regardless of what the facts may be. Politicians get away
with this to the extent that we gullibly accept their words and look
to them as political messiahs.

We don't look to arsonists to help put out fires but we do look to
politicians to help solve financial crises that they played a major
role in creating.

How did the government help create the current financial mess? Let me
count the ways.

In addition to federal laws that pressure lenders to lend to people
they would not otherwise lend to, and in places where they would
otherwise not invest, state and local governments have in various
parts of the country so severely restricted building as to lead to
skyrocketing housing prices, which in turn have led many people to
resort to "creative financing" in order to buy these artificially more
expensive homes.

Meanwhile, the Federal Reserve System brought interest rates down to
such low levels that "creative financing" with interest-only mortgage
loans enabled people to buy houses that they could not otherwise
afford.

But there is no free lunch. Interest-only loans do not continue
indefinitely. After a few years, such mortgage loans typically require
the borrower to begin paying back some of the principal, which means
that the monthly mortgage payments will begin to rise.

Since everyone knew that the Federal Reserve System's extremely low
interest rates were not going to last forever, much "creative
financing" also involved adjustable-rate mortgages, where the interest
charged by the lender would rise when interest rates in the economy as
a whole rose.

In the housing market, a difference of a couple of percentage points
in the interest rate can make a big difference in the monthly mortgage
payment.

For someone who buys a house costing half a million dollars-- which
can be a very small house in many parts of coastal California-- the
difference between paying 4 percent and 6 percent interest would
amount to more than $7,000 a year.

For people who have had to stretch to the limit to buy a house, an
increase of $7,000 a year in their mortgage payments can be enough to
push them over the edge financially.

In other words, government laws and policies at federal, state and
local levels have had the net effect of putting both borrowers and
lenders way out on a limb.

Yet, when that limb began to crack, the first reaction in politics and
in the media has been to look to government to solve this problem
because-- as always-- it was called the market's fault, the lenders'
fault and everybody's fault except those politicians who created this
dicey situation in the first place.

Markets often get blamed for conveying a reality that was not created
by the market.

For example, the fact that "the poor pay more" for what they buy in
stores in low-income neighborhoods is often blamed on those who run
these stores, rather than on those who create extra costs through
crime, vandalism and riots.

If the store owners were making big profits, the big chain stores
would be rushing in to share in the bonanza, instead of avoiding low-
income neighborhoods like the plague.

Markets were also blamed for the Great Depression of the 1930s and New
Deal politicians were credited with getting us out of it. But
increasing numbers of economists and historians have concluded that it
was government intervention which prolonged the Great Depression
beyond that of other depressions where the government did nothing.

The stock market crash of 1987 was at least as big as the stock market
crash in 1929. But, instead of being followed by a Great Depression,
the 1987 crash was followed by 20 (TWENTY) YEARS OF ECONOMIC GROWTH,
WITH LOW INFLATION AND LOW UNEMPLOYMENT [Emphasis for the blind, dumb
AND IGNORANT]. The Reagan administration did nothing in 1987, despite
outrage in the media at the government's failure to live up to its
responsibility, as seen in liberal quarters. But nothing was
apparently what needed to be done, so that markets could adjust. The
last thing politicians can do in an election year is nothing. So we
can look for all sorts of "solutions" by politicians of both parties.
Like most political solutions, these are likely to make matters
worse.

http://townhall.com/Columnists/ThomasSowell/

On Aug 30, 7:57*am, Billy Burpelson wrote:
wrote:
- - Senator Obama's statement that "our economy is in turmoil"
- - is standard stuff on the left and in the mainstream media,
- - which has been dying to use the word "recession."

- Forget Obama, the 'R'(recession) word and the left or the right.
-
- Have you been out in the real world lately?
-
- Gasoline, heating oil, aviation fuel, basic food staples like bread
- flour, tuition, medical costs...all experiencing double digit
inflation.

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV

- Real income down every year since 2000.

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV

- Record number of private and business bankruptcies.

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV

- The housing/credit scandal and more home
- repossessions since 1929.

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV

- -Millions- of decent paying American manufacturing
- jobs 'downsized' and 'outsourced' to our friends in
- India and China.

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV

- Yup, the economy is in swell shape.
- (Although to others who -don't- have their head in the sand,
- it may indeed sound like the economy IS "in turmoil").

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV

- However, if you insist on "blaming the messenger",
- Obama is as good a target as any, I suppose.

Better to Focus On The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV

On Aug 30, 9:08*am, Billy Burpelson wrote:
wrote:
Senator Obama's statement that "our economy is in turmoil" is standard
stuff on the left and in the mainstream media, which has been dying to
use the word "recession."
Billy Burpelson wrote:
Forget Obama, the 'R'(recession) word and the left or the right.

Have you been out in the real world lately?

Gasoline, heating oil, aviation fuel, basic food staples like bread
flour, tuition, medical costs...all experiencing double digit inflation.

On Aug 30, 9:37*am, Drifter wrote:
Billy Burpelson wrote:

wrote:

Please show me where any of the facts on the state of the economy that I
listed above are not true. (Please read this last sentence again and
read it carefully -- I await your response).

But thanks for answering the question about how often you get out --
it's quite clear you haven't been to a grocery store or gas station
lately. You really should try and get out into the real world a bit more
often. Hey, it ain't pretty sometimes, but at least it's, well...real. *
:-)

- come on Billy, it's shoot the messenger. it's his right
- to believe any numbers the bush crime family puts out.
- remember, bad numbers would look bad for MacInsane.
-
- Drifter...

Drifter - What About Da Pelosi & Da Reid Crime Families ?

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV
http://groups.google.com/group/rec.r...7187d2bf9d7ff3

From the Twin Nut Houses of Tax and Spend ~ RHF

On Aug 30, 7:01*pm, Billy Burpelson wrote:
On Aug 30, 11:08 am, Billy Burpelson wrote:
wrote:
Senator Obama's statement that "our economy is in turmoil" is standard
stuff on the left and in the mainstream media, which has been dying to
use the word "recession."
Billy Burpelson wrote:
Forget Obama, the 'R'(recession) word and the left or the right.
Have you been out in the real world lately?
Gasoline, heating oil, aviation fuel, basic food staples like bread
flour, tuition, medical costs...all experiencing double digit inflation.
Real income down every year since 2000.
Record number of private and business bankruptcies.
The housing/credit scandal and more home repossessions since 1929.
-Millions- of decent paying American manufacturing jobs 'downsized' and
'outsourced' to our friends in India and China.
Yup, the economy is in swell shape. (Although to others who -don't- have
their head in the sand, it may indeed sound like the economy IS "in
turmoil").
However, if you insist on "blaming the messenger", Obama is as good a
target as any, I suppose.
wrote:
It is the stupid audacity such as persons like yourself who have
absolutely Zero knowledge of history or any understanding of sound
economic theory
Huh? The mortgage/housing/credit crisis was based on "sound economic
theory"?

which clearly reflects the result of the Public
Education system of which ObaMao is so intimately an architect with
his Neo-Communist Komrad - Professor Ayers.
Comunist propaganda lies are only beleived by the ignorant. *That you
have plenty.
http://mises.org/etexts/Mises/anticap.asp
Huh? "stupid audacity", "zero knowledge", "Comunist [sic] propaganda lies"?

But thanks for answering the question about how often you get out --
it's quite clear you haven't been to a grocery store or gas station
lately. You really should try and get out into the real world a bit more
often. Hey, it ain't pretty sometimes, but at least it's, well...real. * :-)
wrote:
Better to keep your mouth closed and be thought a fool than to open it
and remove all doubt.

Well, I asked:

"Please show me where any of the facts on the state of the economy that
I listed above are not true. (Please read this last sentence again and
read it carefully -- I await your response)."

I'll take your non-response to mean that you can't disprove them and
that you think the economy is indeed in swell shape.

And yes, it is better to keep your mouth shut.

- Only a fool would think the economy is in good shape
- and then blame the messenger for stating otherwise.

Billy Burpelson - Let There Be Clowns : The Pelosi & Reid Two Ring
Circus

The Double Digit Heads of Inflation . . .
Nancy Pelosi, D-CA & Harry Reid, D-NV
http://groups.google.com/group/rec.r...7187d2bf9d7ff3

The Thrills and Excitement of Tax and Spend ~ RHF