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	<title>Comments on: More on the New Horizon</title>
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		<title>By: SiliconDoc</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-13120</link>
		<dc:creator>SiliconDoc</dc:creator>
		<pubDate>Mon, 09 Mar 2009 05:05:54 +0000</pubDate>
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		<description>The problem with citing the libs goal of turning the USA into a socialist Europe is, ever since I can remember the highest aspiration the mind numbing trainers indoctrinated we youth with was the great desire to be a world traveller, and one of the highest attained goals would be to travel to France, and hopefully see the Eiffel Tower.
 In slightly laters year, the world traveller plans morphed into a sort of jaunt to Africa, to really get that National Geographic perspective and see the world as it once was before America destroyed nature utterly, and of course to &quot;protect the last virginal place&quot; and &quot;peoples&quot; from the encroaching horror of modernism.
 So, what you get as a reaction from the vaguely aware of their indoctrination all across the USA, when you mention the libs want us turned into a European social paradise, is thousands of morons rooting for the libs instantly.
 Oh, if they could only travel to France, or have a ride on one of those romantic boats between and below the city walls that the high society art murals depicted...
 Better yet, bring the dream home to the USA.
 You are unwittingly creating hundreds of thousands of enemies of your cause, claiming the morph will be &quot;European socialism&quot;. Oh, there&#039;s nothing more cultural or desired by the blundering moronic wannabes - by golly a great European vacation right in the states...on the cheap.
 Yes, the useless morons will only clamor all the more toward the libs plans - their indoctrination is already so subtle since my birth, and so complete nevertheless, the Euro social state will be welcomed, and they will even get excited about the idea - their dream vacation coming to their own backyard, courtesy of the savior party plans.</description>
		<content:encoded><![CDATA[<p>The problem with citing the libs goal of turning the USA into a socialist Europe is, ever since I can remember the highest aspiration the mind numbing trainers indoctrinated we youth with was the great desire to be a world traveller, and one of the highest attained goals would be to travel to France, and hopefully see the Eiffel Tower.<br />
 In slightly laters year, the world traveller plans morphed into a sort of jaunt to Africa, to really get that National Geographic perspective and see the world as it once was before America destroyed nature utterly, and of course to &#8220;protect the last virginal place&#8221; and &#8220;peoples&#8221; from the encroaching horror of modernism.<br />
 So, what you get as a reaction from the vaguely aware of their indoctrination all across the USA, when you mention the libs want us turned into a European social paradise, is thousands of morons rooting for the libs instantly.<br />
 Oh, if they could only travel to France, or have a ride on one of those romantic boats between and below the city walls that the high society art murals depicted&#8230;<br />
 Better yet, bring the dream home to the USA.<br />
 You are unwittingly creating hundreds of thousands of enemies of your cause, claiming the morph will be &#8220;European socialism&#8221;. Oh, there&#8217;s nothing more cultural or desired by the blundering moronic wannabes &#8211; by golly a great European vacation right in the states&#8230;on the cheap.<br />
 Yes, the useless morons will only clamor all the more toward the libs plans &#8211; their indoctrination is already so subtle since my birth, and so complete nevertheless, the Euro social state will be welcomed, and they will even get excited about the idea &#8211; their dream vacation coming to their own backyard, courtesy of the savior party plans.</p>
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		<title>By: Gaffe Prices</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-12208</link>
		<dc:creator>Gaffe Prices</dc:creator>
		<pubDate>Fri, 20 Feb 2009 10:52:23 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-12208</guid>
		<description>Worst &lt;i&gt;President&lt;/i&gt; since the Great Depression. Worst President. Worst Cabinet. Worst Administration.

I don&#039;t know much about FDR&#039;s prosecution of WWII. But I do know this, he said to Germany -&quot;Unconditional Surrender&quot;. And he meant it. He said to Japan -&quot;Unconditional Surrender&quot;. And he meant it. He left command of entire allied forces to one general, Eisenhower. And Ike sped off to England to plan strategy w/out FDR looking over his shoulder. 

Everything else about FDR administration was one domestic atrocity after another. People say WWII brought U.S. out of the depression, but it brought FDR out of the worst presidency in history after having been re-elected through his newly federalized political bribery machine paid off his cronies with money looted from what revenue could be fleeced from the remaining &quot;rich&quot; at tax rates up to 79%. 

It took 25 years for the stock market to regain its value, in 1956. With no help from the government. President Kennedy lobbied Congress for tax reduction and cited the 79% rate as reason to stimulate the economy out of the 1959-1960 recession. 

The economy rebounded only to be subjected to the rinse/repeat bribery/corruption of the New great society Deal of the 60&#039;s using Saul Alinsky tactics in cities that brought a swarm of &quot;social workers&quot; informing black women that the welfare system [first implemented for those widows who could no longer collect (their husbands) social security], could be gamed to the point that this corruption said to the black father, that he was no longer needed, not wanted and indeed an obstacle to the collection of these reparations.

Which brings us to where we are now. Except that 0bamas election victory margin was based, not on young people, but on a margin composed of women voters. Women whose independence owes to two factors. 1) their improved status from social change in the workplace, and 2) their economic productivity in the years of economic vitality.

But Americans are more impatient now, and once women see that 0bhamas has too much ego and absolutely no compassion &lt;i&gt;for&lt;/i&gt; them and the key to their independence, [the profile of the sociopath, I might add, not to mention your garden variety taqquiyah swilling takfiri] well...

well, just let me say this, HELL HATH NO FURY, SUCH AS A WOMAN SCORNED, thats all</description>
		<content:encoded><![CDATA[<p>Worst <i>President</i> since the Great Depression. Worst President. Worst Cabinet. Worst Administration.</p>
<p>I don&#8217;t know much about FDR&#8217;s prosecution of WWII. But I do know this, he said to Germany -&#8221;Unconditional Surrender&#8221;. And he meant it. He said to Japan -&#8221;Unconditional Surrender&#8221;. And he meant it. He left command of entire allied forces to one general, Eisenhower. And Ike sped off to England to plan strategy w/out FDR looking over his shoulder. </p>
<p>Everything else about FDR administration was one domestic atrocity after another. People say WWII brought U.S. out of the depression, but it brought FDR out of the worst presidency in history after having been re-elected through his newly federalized political bribery machine paid off his cronies with money looted from what revenue could be fleeced from the remaining &#8220;rich&#8221; at tax rates up to 79%. </p>
<p>It took 25 years for the stock market to regain its value, in 1956. With no help from the government. President Kennedy lobbied Congress for tax reduction and cited the 79% rate as reason to stimulate the economy out of the 1959-1960 recession. </p>
<p>The economy rebounded only to be subjected to the rinse/repeat bribery/corruption of the New great society Deal of the 60&#8242;s using Saul Alinsky tactics in cities that brought a swarm of &#8220;social workers&#8221; informing black women that the welfare system [first implemented for those widows who could no longer collect (their husbands) social security], could be gamed to the point that this corruption said to the black father, that he was no longer needed, not wanted and indeed an obstacle to the collection of these reparations.</p>
<p>Which brings us to where we are now. Except that 0bamas election victory margin was based, not on young people, but on a margin composed of women voters. Women whose independence owes to two factors. 1) their improved status from social change in the workplace, and 2) their economic productivity in the years of economic vitality.</p>
<p>But Americans are more impatient now, and once women see that 0bhamas has too much ego and absolutely no compassion <i>for</i> them and the key to their independence, [the profile of the sociopath, I might add, not to mention your garden variety taqquiyah swilling takfiri] well&#8230;</p>
<p>well, just let me say this, HELL HATH NO FURY, SUCH AS A WOMAN SCORNED, thats all</p>
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		<title>By: deguello</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-12117</link>
		<dc:creator>deguello</dc:creator>
		<pubDate>Tue, 17 Feb 2009 22:16:28 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-12117</guid>
		<description>Goy: give it up man,you can&#039;t educate libs;they&#039;re brain damaged useful idiots,who think that lying is the same as arguing!</description>
		<content:encoded><![CDATA[<p>Goy: give it up man,you can&#8217;t educate libs;they&#8217;re brain damaged useful idiots,who think that lying is the same as arguing!</p>
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		<title>By: deguello</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-12115</link>
		<dc:creator>deguello</dc:creator>
		<pubDate>Tue, 17 Feb 2009 22:13:22 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-12115</guid>
		<description>DAVID S: As if a world comprised largely of left wing/religious thugs,tribal psychopaths,terminally corrupt,state worshipping eurotrash,and their US wannabees like David,has any right to pass judgment on the USA?</description>
		<content:encoded><![CDATA[<p>DAVID S: As if a world comprised largely of left wing/religious thugs,tribal psychopaths,terminally corrupt,state worshipping eurotrash,and their US wannabees like David,has any right to pass judgment on the USA?</p>
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		<title>By: goy</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-11988</link>
		<dc:creator>goy</dc:creator>
		<pubDate>Mon, 16 Feb 2009 16:56:55 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-11988</guid>
		<description>@149. David S: &lt;i&gt;- You repeat your own lies. &lt;/i&gt;
Nope. Raines specifically calls assets from mortgage backed securities &quot;riskless&quot;. It&#039;s on the video. Go watch it again. And again, until it sinks in. Watch his lips move - he clearly says:
&lt;blockquote&gt;These assets &lt;b&gt;are so riskless&lt;/b&gt; that their capital for holding them should be under 2%.&lt;/blockquote&gt;
In fact he claims that these assets aren&#039;t just &quot;riskless&quot;, but &quot;&lt;i&gt;&lt;b&gt;so&lt;/b&gt; riskless&lt;/i&gt;&quot; that the normal rules required by other financial institutions don&#039;t even apply. There was no &quot;qualification&quot; in this idiotic statement. In fact he actually &lt;i&gt;smirks&lt;/i&gt; when he utters the words, arrogantly not even trying to hide his opinion that Shays is too stupid to understand - like much of the arrogant, adolescent drivel you post here. He and the rest of the Dems running interference for him were simply flat wrong. And it led to disaster. Even Artur Davis has since admitted as much.

&lt;i&gt;- ...you provide no counter to my citation...&lt;/i&gt;
LOL!!! You conveniently ignored it, Zippy.

&lt;i&gt;- If you want to keep lying, you will be lying to yourself.&lt;/i&gt;
Projection in it&#039;s purest and most desperate form.</description>
		<content:encoded><![CDATA[<p>@149. David S: <i>- You repeat your own lies. </i><br />
Nope. Raines specifically calls assets from mortgage backed securities &#8220;riskless&#8221;. It&#8217;s on the video. Go watch it again. And again, until it sinks in. Watch his lips move &#8211; he clearly says:</p>
<blockquote><p>These assets <b>are so riskless</b> that their capital for holding them should be under 2%.</p></blockquote>
<p>In fact he claims that these assets aren&#8217;t just &#8220;riskless&#8221;, but &#8220;<i><b>so</b> riskless</i>&#8221; that the normal rules required by other financial institutions don&#8217;t even apply. There was no &#8220;qualification&#8221; in this idiotic statement. In fact he actually <i>smirks</i> when he utters the words, arrogantly not even trying to hide his opinion that Shays is too stupid to understand &#8211; like much of the arrogant, adolescent drivel you post here. He and the rest of the Dems running interference for him were simply flat wrong. And it led to disaster. Even Artur Davis has since admitted as much.</p>
<p><i>- &#8230;you provide no counter to my citation&#8230;</i><br />
LOL!!! You conveniently ignored it, Zippy.</p>
<p><i>- If you want to keep lying, you will be lying to yourself.</i><br />
Projection in it&#8217;s purest and most desperate form.</p>
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		<title>By: David S</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-11981</link>
		<dc:creator>David S</dc:creator>
		<pubDate>Mon, 16 Feb 2009 16:08:55 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-11981</guid>
		<description>@150. paul_unalaska:
&lt;blockquote&gt;David S, you’ve been on record saying this quite often: I feel that Bush’s rhetoric has been destructive of our moral standing in the world.
...
I ask because it’s such an utterly ridiculous comment.&lt;/blockquote&gt;

Is it really that ridiculous?  Most Americans can see clearly that Bush has been a negative for our standing in the world.

&lt;a href=&quot;http://www.tcf.org/list.asp?type=NC&amp;pubid=1954&quot; rel=&quot;nofollow&quot;&gt;&quot;According to a new (mid-2008) Pew Research Center poll, the American public is well aware of the United States’ declining favor in the eyes of the world and is distinctly unhappy about it. The poll found that 71 percent believe the United States is less respected by other countries than in the past, double what that figure was in 1984 when this question was first asked. Moreover, of this 71 percent, 67 percent believe the decline in respect is a problem, and 56 percent believe it is a major problem. The latter figure is up 13 points since 2004.&quot;&lt;/a&gt;

&lt;a href=&quot;http://www.worldpublicopinion.org/pipa/articles/views_on_countriesregions_bt/326.php?nid=&amp;id=&amp;pnt=326&amp;lb=btvoc&quot; rel=&quot;nofollow&quot;&gt;&quot;During the 1990s, views of the US were predominantly positive. Comparing 1999 State Department data and recent Pew data, favorable views of the United States have dropped in the UK from 83 percent to 56 percent, in Germany from 78 percent to 37 percent, in Morocco from 77 percent to 49 percent, in Indonesia from 75 to 30 percent, in France from 62 to 39 percent, from Turkey from 62 to 12 percent and in Spain from 50 to 23 percent. Only Russia has held steady.&quot;&lt;/a&gt;

&quot;There are a few countries that get lower ratings than the US. In a BBC poll that we just released this morning, Israel, Iran, and by some measures, North Korea, received lower ratings. However the US is rated far lower than France, Japan, Canada, China, India and Russia.&quot;

&lt;blockquote&gt;Through the years, or more specifically for this comment, the Bush years, I’ve come upon few and far between the individuals who hold America in contempt.&lt;/blockquote&gt;

Your personal experience is obviously not the most reliable guide to public opinion.

&lt;blockquote&gt;Before you speak of morality, David S, do A LOT of traveling to see for yourself the moral decay of other countries, continents before taking the moral high ground. The U.S. surely has its problems, but it’s not a cesspool of the many I’ve seen through the decades.&lt;/blockquote&gt;

According to the citizens of the world, the US is in the same moral category as North Korea, and far lower than China.  This does not bode well.

&lt;blockquote&gt;Our country’s vice is allowing the unskilled, uneducated, unaccomodating, unappreciative, unproductive masses a larger voice/ forum to sway our country to their ‘mindthink’ than you or I can possibly fathom.&lt;/blockquote&gt;

No.  Our country&#039;s vice is allowing the unskilled, uneducated, unaccomodating, unappreciative, unproductive GOP to dominate our government policies.  People overseas still like the American people, they just don&#039;t like the GOP policies.  To whit:

On average: 
•	75% disapprove of the how the US is handing the Iraq war, 
•	69% disapprove of US treatment of detainees in Guantanamo and other prisons, 
•	68% disapprove of how the US handled the war between Israel and Hezbollah in Lebanon, 
•	61% disapprove of US handling of Iran’s nuclear program, 
•	58% disapprove of US handling of global warming or climate change 
•	55% disapprove of US handling of North Korea’s nuclear program

This is not about the masses having a larger voice.  This is about an administration that has taken the USA down the wrong path for eight solid years.  Our policies, and the rhetoric used to justify them, are the problem.

If you can&#039;t yet see that our standing in the world has been eroded by the Bush administration, let me know what would convince you.

Peace.

DS</description>
		<content:encoded><![CDATA[<p>@150. paul_unalaska:</p>
<blockquote><p>David S, you’ve been on record saying this quite often: I feel that Bush’s rhetoric has been destructive of our moral standing in the world.<br />
&#8230;<br />
I ask because it’s such an utterly ridiculous comment.</p></blockquote>
<p>Is it really that ridiculous?  Most Americans can see clearly that Bush has been a negative for our standing in the world.</p>
<p><a href="http://www.tcf.org/list.asp?type=NC&amp;pubid=1954" rel="nofollow">&#8220;According to a new (mid-2008) Pew Research Center poll, the American public is well aware of the United States’ declining favor in the eyes of the world and is distinctly unhappy about it. The poll found that 71 percent believe the United States is less respected by other countries than in the past, double what that figure was in 1984 when this question was first asked. Moreover, of this 71 percent, 67 percent believe the decline in respect is a problem, and 56 percent believe it is a major problem. The latter figure is up 13 points since 2004.&#8221;</a></p>
<p><a href="http://www.worldpublicopinion.org/pipa/articles/views_on_countriesregions_bt/326.php?nid=&amp;id=&amp;pnt=326&amp;lb=btvoc" rel="nofollow">&#8220;During the 1990s, views of the US were predominantly positive. Comparing 1999 State Department data and recent Pew data, favorable views of the United States have dropped in the UK from 83 percent to 56 percent, in Germany from 78 percent to 37 percent, in Morocco from 77 percent to 49 percent, in Indonesia from 75 to 30 percent, in France from 62 to 39 percent, from Turkey from 62 to 12 percent and in Spain from 50 to 23 percent. Only Russia has held steady.&#8221;</a></p>
<p>&#8220;There are a few countries that get lower ratings than the US. In a BBC poll that we just released this morning, Israel, Iran, and by some measures, North Korea, received lower ratings. However the US is rated far lower than France, Japan, Canada, China, India and Russia.&#8221;</p>
<blockquote><p>Through the years, or more specifically for this comment, the Bush years, I’ve come upon few and far between the individuals who hold America in contempt.</p></blockquote>
<p>Your personal experience is obviously not the most reliable guide to public opinion.</p>
<blockquote><p>Before you speak of morality, David S, do A LOT of traveling to see for yourself the moral decay of other countries, continents before taking the moral high ground. The U.S. surely has its problems, but it’s not a cesspool of the many I’ve seen through the decades.</p></blockquote>
<p>According to the citizens of the world, the US is in the same moral category as North Korea, and far lower than China.  This does not bode well.</p>
<blockquote><p>Our country’s vice is allowing the unskilled, uneducated, unaccomodating, unappreciative, unproductive masses a larger voice/ forum to sway our country to their ‘mindthink’ than you or I can possibly fathom.</p></blockquote>
<p>No.  Our country&#8217;s vice is allowing the unskilled, uneducated, unaccomodating, unappreciative, unproductive GOP to dominate our government policies.  People overseas still like the American people, they just don&#8217;t like the GOP policies.  To whit:</p>
<p>On average:<br />
•	75% disapprove of the how the US is handing the Iraq war,<br />
•	69% disapprove of US treatment of detainees in Guantanamo and other prisons,<br />
•	68% disapprove of how the US handled the war between Israel and Hezbollah in Lebanon,<br />
•	61% disapprove of US handling of Iran’s nuclear program,<br />
•	58% disapprove of US handling of global warming or climate change<br />
•	55% disapprove of US handling of North Korea’s nuclear program</p>
<p>This is not about the masses having a larger voice.  This is about an administration that has taken the USA down the wrong path for eight solid years.  Our policies, and the rhetoric used to justify them, are the problem.</p>
<p>If you can&#8217;t yet see that our standing in the world has been eroded by the Bush administration, let me know what would convince you.</p>
<p>Peace.</p>
<p>DS</p>
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		<title>By: paul_unalaska</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-11929</link>
		<dc:creator>paul_unalaska</dc:creator>
		<pubDate>Mon, 16 Feb 2009 06:29:39 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-11929</guid>
		<description>David S, you&#039;ve been on record saying this quite often: I feel that Bush’s rhetoric has been destructive of our moral standing in the world.

Moral standing in the world.  I must ask, have you been to all the powerful countries in the world with a clipboard in hand and been the inquisitor?

I ask because it&#039;s such an utterly ridiculous comment.

Whether you wish to accept or believe it, many people need to be led in some form or another.  Quick example, tens of millions do what the yentas on The View tell them how to think, behave.  Many believe those hacks on American idol are talented singers/  Barack Obama is actually a leader.  Poppycock. 

I travel extensively for work.  I haven&#039;t any reason to fib or lead you astray regarding the matter.

Through the years, or more specifically for this comment, the Bush years, I&#039;ve come upon few and far between the individuals who hold America in contempt.  

Sure, you&#039;ll see a few of these folks who are good for a sound byte or 2 on the news.  Though the level minded people you sit down with and actually discuss lucidly foreign policy, understand America&#039;s role; to not fall in line with the rest of the nations who&#039;ve given into the doldrums of PC labor-type arrangements.

Europe has swallowed this guano, hook line and sinker.

Africa, they love America.  Who gives them all the welfare, workfare shwag?  Unicef, UN soccer jerseys, farming supplies and goods, making the dark continent forever a continent of beggars.  Heck, Obama wants to DOUBLE the aid there.  Yeah, great idea...

Illegals of Hispanic descent make up ~10% of our country&#039;s population.  What was it you said?  Oh yeah, ..rhetoric has been destructive of our moral standing in the world.&#039;

Before you speak of morality, David S, do A LOT of traveling to see for yourself the moral decay of other countries, continents before taking the moral high ground.  The U.S. surely has its problems, but it&#039;s not a cesspool of the many I&#039;ve seen through the decades.  

Our country&#039;s vice is allowing the unskilled, uneducated, unaccomodating, unappreciative, unproductive masses a larger voice/ forum to sway our country to their &#039;mindthink&#039; than you or I can possibly fathom.</description>
		<content:encoded><![CDATA[<p>David S, you&#8217;ve been on record saying this quite often: I feel that Bush’s rhetoric has been destructive of our moral standing in the world.</p>
<p>Moral standing in the world.  I must ask, have you been to all the powerful countries in the world with a clipboard in hand and been the inquisitor?</p>
<p>I ask because it&#8217;s such an utterly ridiculous comment.</p>
<p>Whether you wish to accept or believe it, many people need to be led in some form or another.  Quick example, tens of millions do what the yentas on The View tell them how to think, behave.  Many believe those hacks on American idol are talented singers/  Barack Obama is actually a leader.  Poppycock. </p>
<p>I travel extensively for work.  I haven&#8217;t any reason to fib or lead you astray regarding the matter.</p>
<p>Through the years, or more specifically for this comment, the Bush years, I&#8217;ve come upon few and far between the individuals who hold America in contempt.  </p>
<p>Sure, you&#8217;ll see a few of these folks who are good for a sound byte or 2 on the news.  Though the level minded people you sit down with and actually discuss lucidly foreign policy, understand America&#8217;s role; to not fall in line with the rest of the nations who&#8217;ve given into the doldrums of PC labor-type arrangements.</p>
<p>Europe has swallowed this guano, hook line and sinker.</p>
<p>Africa, they love America.  Who gives them all the welfare, workfare shwag?  Unicef, UN soccer jerseys, farming supplies and goods, making the dark continent forever a continent of beggars.  Heck, Obama wants to DOUBLE the aid there.  Yeah, great idea&#8230;</p>
<p>Illegals of Hispanic descent make up ~10% of our country&#8217;s population.  What was it you said?  Oh yeah, ..rhetoric has been destructive of our moral standing in the world.&#8217;</p>
<p>Before you speak of morality, David S, do A LOT of traveling to see for yourself the moral decay of other countries, continents before taking the moral high ground.  The U.S. surely has its problems, but it&#8217;s not a cesspool of the many I&#8217;ve seen through the decades.  </p>
<p>Our country&#8217;s vice is allowing the unskilled, uneducated, unaccomodating, unappreciative, unproductive masses a larger voice/ forum to sway our country to their &#8216;mindthink&#8217; than you or I can possibly fathom.</p>
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		<title>By: David S</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-11926</link>
		<dc:creator>David S</dc:creator>
		<pubDate>Mon, 16 Feb 2009 05:54:40 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-11926</guid>
		<description>@148. goy:

&lt;blockquote&gt;No. The risk was IGNORED, as Raines clearly stated when he claimed - with no qualification whatsoever - that mortgage-backed securities were “riskless”. &lt;/blockquote&gt;

You repeat your own lies.  This does not make them true.  You provided the link to the video, which clearly shows Raines qualifying his remarks.  What is the point of lying about this?  

&lt;blockquote&gt;But as with your lies about “record temperatures” it’s no surprise that you don’t have a problem with this sort of intellectual mendacity.&lt;/blockquote&gt;

Again, you provide no counter to my citation on record temperatures but your own obfuscation.

If you want to keep lying, you will be lying to yourself.

Peace.

DS</description>
		<content:encoded><![CDATA[<p>@148. goy:</p>
<blockquote><p>No. The risk was IGNORED, as Raines clearly stated when he claimed &#8211; with no qualification whatsoever &#8211; that mortgage-backed securities were “riskless”. </p></blockquote>
<p>You repeat your own lies.  This does not make them true.  You provided the link to the video, which clearly shows Raines qualifying his remarks.  What is the point of lying about this?  </p>
<blockquote><p>But as with your lies about “record temperatures” it’s no surprise that you don’t have a problem with this sort of intellectual mendacity.</p></blockquote>
<p>Again, you provide no counter to my citation on record temperatures but your own obfuscation.</p>
<p>If you want to keep lying, you will be lying to yourself.</p>
<p>Peace.</p>
<p>DS</p>
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		<title>By: goy</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-11890</link>
		<dc:creator>goy</dc:creator>
		<pubDate>Sun, 15 Feb 2009 21:48:52 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-11890</guid>
		<description>@143. David S: &lt;i&gt;- I’m not talking about all securities - I’m talking about credit derivatives. Is that not clear? Stay on topic.&lt;/i&gt;

Grow up and try following your own advice, Zippy. &lt;em&gt;YOU WROTE&lt;/em&gt;: &quot;&lt;strong&gt;&lt;em&gt;a lot&lt;/em&gt;&lt;/strong&gt; of their efforts &lt;em&gt;&lt;strong&gt;lately&lt;/strong&gt;&lt;/em&gt; have been in spinning and reselling &lt;strong&gt;&lt;em&gt;mortgage backed securities&lt;/em&gt;&lt;/strong&gt;&quot; [emph. added for idiot Zippy, who can&#039;t remember what he wrote and can&#039;t be bothered to scroll up and read it]. I responded to what &lt;em&gt;YOU WROTE&lt;/em&gt;, which never mentioned &quot;credit derivatives&quot;. If you&#039;re too stoned to keep track of what &lt;em&gt;YOU WROTE&lt;/em&gt;, and stay on &lt;em&gt;YOUR OWN&lt;/em&gt; topic, then you&#039;re pretty much done here.

&lt;i&gt;- No charge for the info.&lt;/i&gt;
More passive-aggressive, adolescent B.S.

&lt;i&gt;- I’m sorry, but your Fox News segment was not compelling, ...&lt;/i&gt;
In your biased, morally adolescent (i.e., leftist) opinion: we&#039;ll note for the record that you had no substantive response.

&lt;i&gt;- ... the C-Span material was edited so poorly, there is no way to determine the context of any of the sound bites.&lt;/i&gt;
Wrong. We&#039;ll note for the record that this was also not a substantive response. The video clearly provides the context. As well, this information is all in the public record. You simply don&#039;t want to accept the self-incriminating actions and statements of the criminals - Carter, Clinton, Frank, Dodd, Obama, Raines, Waters, et al. - who pushed us into this situation. Denial is not just a river in Egypt, Zippy.

&lt;i&gt;- The problem with these loans was not that they were made...&lt;/i&gt;
Wrong. That was &lt;em&gt;precisely&lt;/em&gt; the problem with these loans, i.e., that they were forced upon banks by CRA regulation quotas and ACORN thuggery, even though they would not be paid back if the interest rates pushed payments above the borrowers&#039; ability to pay. And the proof is in the part of the video you failed to address: Clinton required FM and FM to &lt;i&gt;increase&lt;/i&gt; their purchase of these dangerous loans in the interest of buying Democrat votes from minorities who &quot;benefited&quot; (for a short time) from &quot;affordable loans&quot;.

&lt;i&gt;- ... it was that the risk was not transparent once they were repackaged into securities.&lt;/i&gt;
No. The risk was &lt;em&gt;IGNORED&lt;/em&gt;, as Raines clearly stated when he claimed - with no qualification whatsoever - that mortgage-backed securities were &quot;riskless&quot;. Or do you believe that he and his ilk were oblivious to the qualification criteria and terms banks were using to conform to CRA regulations? You can&#039;t possibly be &lt;em&gt;that&lt;/em&gt; stupid. As Dennis Avery has correctly noted, &lt;blockquote&gt;If there hadn’t been buyers for the sub-prime mortgages, they wouldn’t have been written. The buyers were named Fannie Mae and Freddie Mac and they’re still buying mortgages with our money—after a $200 billion bailout.&lt;/blockquote&gt;

The reason the risk was ignored was because everyone from Raines to Cuomo to Frank to Clinton simply assumed that the federal government - that is, the U.S. Taxpayer - would obediently bail out the GSEs if any serious problems arose. And that is precisely what happened. Frank made that very prediction outright during the 2004 hearings when he and the rest of the Democrat career politician/criminals attacked OFHEO for applying the oversight Democrats have since accused the Bush Administration of not applying. Pure Orwell. But as with your lies about &quot;record temperatures&quot; it&#039;s no surprise that you don&#039;t have a problem with this sort of intellectual mendacity.</description>
		<content:encoded><![CDATA[<p>@143. David S: <i>- I’m not talking about all securities &#8211; I’m talking about credit derivatives. Is that not clear? Stay on topic.</i></p>
<p>Grow up and try following your own advice, Zippy. <em>YOU WROTE</em>: &#8220;<strong><em>a lot</em></strong> of their efforts <em><strong>lately</strong></em> have been in spinning and reselling <strong><em>mortgage backed securities</em></strong>&#8221; [emph. added for idiot Zippy, who can't remember what he wrote and can't be bothered to scroll up and read it]. I responded to what <em>YOU WROTE</em>, which never mentioned &#8220;credit derivatives&#8221;. If you&#8217;re too stoned to keep track of what <em>YOU WROTE</em>, and stay on <em>YOUR OWN</em> topic, then you&#8217;re pretty much done here.</p>
<p><i>- No charge for the info.</i><br />
More passive-aggressive, adolescent B.S.</p>
<p><i>- I’m sorry, but your Fox News segment was not compelling, &#8230;</i><br />
In your biased, morally adolescent (i.e., leftist) opinion: we&#8217;ll note for the record that you had no substantive response.</p>
<p><i>- &#8230; the C-Span material was edited so poorly, there is no way to determine the context of any of the sound bites.</i><br />
Wrong. We&#8217;ll note for the record that this was also not a substantive response. The video clearly provides the context. As well, this information is all in the public record. You simply don&#8217;t want to accept the self-incriminating actions and statements of the criminals &#8211; Carter, Clinton, Frank, Dodd, Obama, Raines, Waters, et al. &#8211; who pushed us into this situation. Denial is not just a river in Egypt, Zippy.</p>
<p><i>- The problem with these loans was not that they were made&#8230;</i><br />
Wrong. That was <em>precisely</em> the problem with these loans, i.e., that they were forced upon banks by CRA regulation quotas and ACORN thuggery, even though they would not be paid back if the interest rates pushed payments above the borrowers&#8217; ability to pay. And the proof is in the part of the video you failed to address: Clinton required FM and FM to <i>increase</i> their purchase of these dangerous loans in the interest of buying Democrat votes from minorities who &#8220;benefited&#8221; (for a short time) from &#8220;affordable loans&#8221;.</p>
<p><i>- &#8230; it was that the risk was not transparent once they were repackaged into securities.</i><br />
No. The risk was <em>IGNORED</em>, as Raines clearly stated when he claimed &#8211; with no qualification whatsoever &#8211; that mortgage-backed securities were &#8220;riskless&#8221;. Or do you believe that he and his ilk were oblivious to the qualification criteria and terms banks were using to conform to CRA regulations? You can&#8217;t possibly be <em>that</em> stupid. As Dennis Avery has correctly noted,<br />
<blockquote>If there hadn’t been buyers for the sub-prime mortgages, they wouldn’t have been written. The buyers were named Fannie Mae and Freddie Mac and they’re still buying mortgages with our money—after a $200 billion bailout.</p></blockquote>
<p>The reason the risk was ignored was because everyone from Raines to Cuomo to Frank to Clinton simply assumed that the federal government &#8211; that is, the U.S. Taxpayer &#8211; would obediently bail out the GSEs if any serious problems arose. And that is precisely what happened. Frank made that very prediction outright during the 2004 hearings when he and the rest of the Democrat career politician/criminals attacked OFHEO for applying the oversight Democrats have since accused the Bush Administration of not applying. Pure Orwell. But as with your lies about &#8220;record temperatures&#8221; it&#8217;s no surprise that you don&#8217;t have a problem with this sort of intellectual mendacity.</p>
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		<title>By: deguello</title>
		<link>http://pjmedia.com/victordavishanson/the-new-horizon/#comment-11879</link>
		<dc:creator>deguello</dc:creator>
		<pubDate>Sun, 15 Feb 2009 20:05:21 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/victordavishanson/?p=625#comment-11879</guid>
		<description>All I want to know is:mWill the polar bears get cars, and an igloo with a kitchen?</description>
		<content:encoded><![CDATA[<p>All I want to know is:mWill the polar bears get cars, and an igloo with a kitchen?</p>
]]></content:encoded>
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