So Nancy makes a speech that they don't like because it offends their fine political sensibilities (aw didums, did the nasty woman hurt your feelings?), and thats enough for them to risk collapsing the US Money system? Does that sound a teeny weeny bit irresponsible to you?
I doubt that the speech was the actual issue that brought down the bill, but that the members in that party (as in the other one) simply couldn't stomach passing the terms of the bill. They took a pot shot at herself to make a bit of political hay.
I admire the fact that the Congress made sure to tell Wall Street who calls the shots in the running of the USA, I just hope that the American economy doesn't go under before they can agree another, more acceptable plan.
By Partisan?
By Partisan?
"We are never so happy, never so unhappy, as we imagine"
Le Rochefoucauld.
"A smack in the face settles all arguments, then you can move on kid."
My dad 1986.
Le Rochefoucauld.
"A smack in the face settles all arguments, then you can move on kid."
My dad 1986.
By Partisan?
You have to laugh
Fury at $2.5bn Lehman bonus
http://business.timesonline.co.uk/tol/b ... 795072.ece
Barclays said there is no obligation to pay it out but analysts say the competitive pressure to keep key staff means he will have to.
It's not as if these key men would get a job elsewhere is it? I mean would you employ any of them?
Fury at $2.5bn Lehman bonus
http://business.timesonline.co.uk/tol/b ... 795072.ece
Barclays said there is no obligation to pay it out but analysts say the competitive pressure to keep key staff means he will have to.
It's not as if these key men would get a job elsewhere is it? I mean would you employ any of them?
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QUINNSCOMMENTARY
- Posts: 901
- Joined: Sat May 10, 2008 4:56 pm
By Partisan?
There you go, anytime is a time for politics. When did regulation every stop fraud or the like? Congrees seems to forget who created the environment and the encouragement to Freddy and Fannie increse home ownership and to provide mortgages to those who could not or could barely afford them.
Clearly no one knew what they were actually investing in with all the sophisticated mortgage backed securities and those investors and banks should pay the price, but who is it that is not paying their mortgages?
Clearly no one knew what they were actually investing in with all the sophisticated mortgage backed securities and those investors and banks should pay the price, but who is it that is not paying their mortgages?
"The power of accurate observation is commonly called cynicism by those who have not got it." George Bernard Shaw
"If everybody is thinking alike, then somebody is not thinking" Gen. George Patton
Quinnscommentary
Observations on Life. Give it a try now and tell a friend or two or fifty.
Quinnscommentary Blog
"If everybody is thinking alike, then somebody is not thinking" Gen. George Patton
Quinnscommentary
Observations on Life. Give it a try now and tell a friend or two or fifty.
Quinnscommentary Blog
By Partisan?
QUINNSCOMMENTARY;1002168 wrote: but who is it that is not paying their mortgages?
I dont believe the crisis has found specific boundaries. Whom did you suspect ?
Not even affluent homeowners are safe from the foreclosure crisis. In Maryland, “counties with high incomes and pricey housing were among the hardest hit, the Baltimore Sun found. “All but two of the 10 most affluent counties — those with median household incomes topping $70,000 — saw foreclosure cases rise by more than 50 percent, the paper says. In these pricier neighborhoods, buyers had to stretch more to be able to afford homes, the paper explains. Plus, easy mortgage money at the beginning of the housing boom didn’t help the situation.
I dont believe the crisis has found specific boundaries. Whom did you suspect ?
Not even affluent homeowners are safe from the foreclosure crisis. In Maryland, “counties with high incomes and pricey housing were among the hardest hit, the Baltimore Sun found. “All but two of the 10 most affluent counties — those with median household incomes topping $70,000 — saw foreclosure cases rise by more than 50 percent, the paper says. In these pricier neighborhoods, buyers had to stretch more to be able to afford homes, the paper explains. Plus, easy mortgage money at the beginning of the housing boom didn’t help the situation.
I AM AWESOME MAN