Closing Bell
By Johnny Roosh
The Dow Sends a Message to Obama, Carter, Clinton, Dodd, Raines, Frank and the rest of our nation’s liberal social engineering geniuses:
12 Responses to “Closing Bell”
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October 10th, 2008 at 7:02 pm
Roosh, stick to what you know, man. You’re pretty good on the politics. Why wade into this complicated financial stuff armed with nothing more than a couple slogans you picked up second-hand from the other wingnut bloggers? The Democrats are responsible for this mess? Not the Republican administration, the administration-appointed “regulators” (heckuva job, Coxie!), not the Congress, which except for the last two years, has been in Republican hands. Republican-appointed Fed chair back to ’87. Eight years of Republican Treasury Secretaries.
You wackos fucked things up good, and there’s a hard rain comin’.
October 10th, 2008 at 8:42 pm
and there’s a hard rain comin’.
a/k/a a second Jimmy Carter administration if Obama is elected.
October 10th, 2008 at 8:50 pm
Have to ignore a lot of facts to get where you are Clown. But, you seem to be pretty good at that.
Sound the words out slowly…
October 10th, 2008 at 8:54 pm
So republicans are to blame because Fannie and Freddie printed money?
Clown, you have no freakin’ idea what you’re talking about.
October 11th, 2008 at 1:51 am
An even handed NY Times piece (from the business section) on how we got here:
http://www.nytimes.com/2008/10/05/business/05fannie.html?pagewanted=1&_r=2&sq=charles%20duhigg&st=cse&scp=3
The clown apparently believes that while Dem & GOP congressmen, and a ‘conservative’ Bush, wouldn’t crack down on Fannie & Freddie providing a market for sub-prime mortgages to poor people, Obama would.
October 11th, 2008 at 8:55 am
Beware of clowns bringing advise.
The Democrats are responsible for this mess?
If by “Democrats” you refer to Jimmy Carter and the CRA, then yes. If by “Democrats” you refer to the insipid logic that po folk should be able to buy homes, regardless of their income, then yes. If by “Democrats” you refer to Obama’s buddy Franklin Raines, then yes.
October 11th, 2008 at 9:03 am
That ain’t how we got here, Terry. That’s how Fannie Mae got where it is. Different thing. If you think Fannie and Freddy are the only problems, then you don’t know what’s going on.
“Jimmy Carter and the CRA.” Think there’s been a couple Republicans in office since then. You wingnuts are incredibly silly.
October 11th, 2008 at 10:30 am
The root cause was that we had arbitragers successfully gaming risk assessors. This is what people who buy and sell securities get paid to do. They did it too damn well this time. Fannie & freddie got played. All the congressional oversight was worthless. It was being run like a high risk hedge fund because the goals of F&F’s managers and the goals of politicians aligned: sell mortgages to people regardless of their ability to repay them. And neither F&F’s managers or the members of the house & senate oversight committee’s are paying anything for their monumental screw up. That is what you call a shitty pricing signal.
October 11th, 2008 at 1:18 pm
Think there’s been a couple Republicans in office since then. You wingnuts are incredibly silly.
Yes, and they’ve tried to play to the Left in order to gain the populism that is required for election. Fat lot of good it’s done. You focus on the individual, and ignore the philosophy, Clownie. That’s lazy thinking.
October 11th, 2008 at 7:11 pm
Right. The only problem with the Republicans is they’re too darn lib’ral.
Sometimes I forget that you guys really are halfway between the John Birch Society and Major Hochstetter from Hogan’s Heroes.
October 11th, 2008 at 10:08 pm
Yay! More selections from angryclowns bottomless bag of crazy caricatures.
I would say “stick to what you know” to you, angryclown, but sometimes you leave me wondering exactly what that would be.
October 12th, 2008 at 10:06 am
Clown knows just enough to pass on buying a house without a crawlspace.