Comments on: Why the Left Should Back Paulson…. http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/ Sun, 27 May 2012 09:27:00 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: athy http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-804753 athy Mon, 29 Sep 2008 18:22:28 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-804753 Phil Murphy, If there is an FBI vetting process, I hope the vetting extends up to Sen Obama's senior level campaign advisors who helped create/facilitate/nurture the outcome we are now witnessing in the mortgage industry. http://www.youtube.com/profile?user=themouthpeace&feature=iv&annotation_id=event_525530 http://noquarterusa.net/blog/2008/09/27/consumer-rights-league-obama-acorn-and-the-subprime-mortgage/#more-5104 Consumer Rights League, Obama, ACORN and The SubPrime Mortgage http://www.justsaynodeal.com/acorn.html (Schematic of players & process) Phil Murphy,

If there is an FBI vetting process, I hope the vetting extends up to Sen Obama’s senior level campaign advisors who helped create/facilitate/nurture the outcome we are now witnessing in the mortgage industry.

http://www.youtube.com/profile?user=themouthpeace&feature=iv&annotation_id=event_525530

http://noquarterusa.net/blog/2008/09/27/consumer-rights-league-obama-acorn-and-the-subprime-mortgage/#more-5104

Consumer Rights League, Obama, ACORN and The SubPrime Mortgage

http://www.justsaynodeal.com/acorn.html (Schematic of players & process)

]]> By: kgirl1028 http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-777668 kgirl1028 Thu, 25 Sep 2008 21:22:48 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-777668 why argue with a group of people that thinks someone who has never done anything in his life except for himself is a good choice for president, in a period of economic crisis, and this was before the melt down. It's obvious obama supporters are as irrational as they accuse Christians of being, so why bother, trying to explain to these mental midgets why mccain is a better choice for president, is about as futile as trying to get billy graham to believe in evolution. There choice for president shows you they are illogical, stop trying. Ignore them. why argue with a group of people that thinks someone who has never done anything in his life except for himself is a good choice for president, in a period of economic crisis, and this was before the melt down. It’s obvious obama supporters are as irrational as they accuse Christians of being, so why bother, trying to explain to these mental midgets why mccain is a better choice for president, is about as futile as trying to get billy graham to believe in evolution. There choice for president shows you they are illogical, stop trying. Ignore them.

]]> By: Keep It Up http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-777172 Keep It Up Thu, 25 Sep 2008 19:58:15 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-777172 Sorry, low-information voter SF.. as of 3:38 EST, there has been "no deal" according to folks on the hill. I guess you don't keep up with the news, do you? Or do you just read MSNBC who <strong>mis-reported</strong> that there was a deal? Hah, right now they are busy getting the pie off their face.. Sorry, low-information voter SF..

as of 3:38 EST, there has been “no deal” according to folks on the hill.

I guess you don’t keep up with the news, do you? Or do you just read MSNBC who mis-reported that there was a deal? Hah, right now they are busy getting the pie off their face..

]]> By: xax http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776781 xax Thu, 25 Sep 2008 18:40:58 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776781 Truth is I don't trust Paulson or anyone else with that much money and that much power. I say give them the money in sections and buy mostly mortgages. Paulson seems to want more flexibilty to buy a bunch of other things that I'm sure should be available. If you want to have extra money left over to help out any failing banks fine, but the ROOT of the problem are bad mortgages. I'm not a fan of potentially giving money to foriegn business because if their own country is not willing to help them out- screw 'em. Mortgages will have to be refinanced in order to keep a steady flow of money and help pay of the buy up these mortgage securities. It should have been done in 2007 by the banks who gave the mortgages themselves. It would have meant some loss in money but not the meltdown seen today. (I distinctly remember Clinton calling for that action and then was shot down by everyone including Sen Obama.) Priority: 1. American homes 2. American banks 3. Wall Street Truth is I don’t trust Paulson or anyone else with that much money and that much power. I say give them the money in sections and buy mostly mortgages. Paulson seems to want more flexibilty to buy a bunch of other things that I’m sure should be available. If you want to have extra money left over to help out any failing banks fine, but the ROOT of the problem are bad mortgages. I’m not a fan of potentially giving money to foriegn business because if their own country is not willing to help them out- screw ‘em.

Mortgages will have to be refinanced in order to keep a steady flow of money and help pay of the buy up these mortgage securities. It should have been done in 2007 by the banks who gave the mortgages themselves. It would have meant some loss in money but not the meltdown seen today. (I distinctly remember Clinton calling for that action and then was shot down by everyone including Sen Obama.)

Priority:
1. American homes
2. American banks
3. Wall Street

]]> By: jwrjr http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776768 jwrjr Thu, 25 Sep 2008 18:38:05 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776768 Watch the polls - just don't believe them. Watch the polls – just don’t believe them.

]]> By: Phil Murphy http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776718 Phil Murphy Thu, 25 Sep 2008 18:28:32 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776718 No apology needed. I always tell people where I am from. Born and raised in San Francisco, and now partly in New Orleans. I go for the food and music and people. As to San Francisco Politics these days - nothing to be proud of. Im a liberal but fiscal conservative, so I dont fit in well with the "progressives" these days. No apology needed. I always tell people where I am from. Born and raised in San Francisco, and now partly in New Orleans.

I go for the food and music and people.

As to San Francisco Politics these days – nothing to be proud of. Im a liberal but fiscal conservative, so I dont fit in well with the “progressives” these days.

]]> By: ziggy http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776715 ziggy Thu, 25 Sep 2008 18:28:16 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776715 Yep. <strong>If we put that $700 billion into a crash alternative energy program, in ten years we'd be standing at the beginning of an American Economic Renaissance.</strong> (Actually, it would only cost a <em>fraction</em> of that.) The Arabs would be scratching their heads, trying to figure out what happened and where to sell their oil. And during those 10 years, the economy would be booming from all of the new jobs relating to research, development, and expansion of the alternative energy infrastructure. There's be all sorts of new investment opportunities in something with a real future. <strong>Or</strong>, we could muddle along the way we have been, drilling for decreasing domestic supplies of an obsolete energy source that we'll have to compete for in a global market with increasingly worthless dollars--all while dumping money into the military to try to protect increasingly costly foreign supplies, because we've only got 3% of the global reserves to begin with. <strong>When you go into that voting booth in November, you're choosing between two possible futures.</strong> Yep. If we put that $700 billion into a crash alternative energy program, in ten years we’d be standing at the beginning of an American Economic Renaissance. (Actually, it would only cost a fraction of that.) The Arabs would be scratching their heads, trying to figure out what happened and where to sell their oil. And during those 10 years, the economy would be booming from all of the new jobs relating to research, development, and expansion of the alternative energy infrastructure. There’s be all sorts of new investment opportunities in something with a real future.

Or, we could muddle along the way we have been, drilling for decreasing domestic supplies of an obsolete energy source that we’ll have to compete for in a global market with increasingly worthless dollars–all while dumping money into the military to try to protect increasingly costly foreign supplies, because we’ve only got 3% of the global reserves to begin with.

When you go into that voting booth in November, you’re choosing between two possible futures.

]]> By: dgr http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776710 dgr Thu, 25 Sep 2008 18:27:09 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776710 You nailed that one Benny! Barack Obama is an equal opportunity user to the nth degree. You nailed that one Benny! Barack Obama is an equal opportunity user to the nth degree.

]]> By: socalannie http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776705 socalannie Thu, 25 Sep 2008 18:26:14 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776705 I appreciate Prof. Diamonds take on this confusing issue. This is a difficult subject for me to understand. Here is another point of view from WaPo: "A Bailout We Don't Need" by James K Galbraith (economist, Prof). Link: http://www.washingtonpost.com/wp-dyn/content/article/2008/09/24/AR2008092403033.html?hpid=opinionsbox1 Have a good day everyone! I appreciate Prof. Diamonds take on this confusing issue. This is a difficult subject for me to understand.

Here is another point of view from WaPo:

“A Bailout We Don’t Need” by James K Galbraith (economist, Prof). Link:

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/24/AR2008092403033.html?hpid=opinionsbox1

Have a good day everyone!

]]> By: McHope http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776661 McHope Thu, 25 Sep 2008 18:17:10 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776661 LOL. Awwww, Poor little obots, no one's buying the Obotics and Bill Clinton won't save his sinking ship. Waaa Waa Waa, We called him a racist. Obama said his presidency was a failure, but he won't help us. Too Funny. :) LOL.
Awwww,
Poor little obots, no one’s buying the Obotics and Bill Clinton won’t save his sinking ship.

Waaa Waa Waa,
We called him a racist. Obama said his presidency was a failure, but he won’t help us.

Too Funny. :)

]]> By: rapp http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776616 rapp Thu, 25 Sep 2008 18:09:37 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776616 John Mccain is a Repubocrat. In the middle. Remember, John Kerry wanted him as his VP. John Mccain is a Repubocrat. In the middle. Remember, John Kerry wanted him as his VP.

]]> By: McHope http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776602 McHope Thu, 25 Sep 2008 18:06:24 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776602 They are TIED in the polls. Why does reality escape the Obama supporters so easily? Something <strong>HAS to be done</strong> on this bill. McCain shows up , Obama campaigns. Doesn't it frustrate you that campaigning is the ONLY qualification or intention Obama has? He uses it to say he's more qualified than a Governor, which by the way, his buddy Gov Rod Blagoviech blatantly calls wrong. He uses it to exlain why he doesn't have to do his current job as a sitting US senator. He is a Senator for my state. He shows no willingness to go to work to represent what his constituents want. As far as Obama having more money, that is patently false. Take into account that the DNC is well behind the RNC in funds. Besides, money won't buy him votes..been there, done that. Haven't you been paying attention? Outspends his opponents by ridiculous amounts and LOSES, the primaries sound familiar? His 49 million buy in FL isn't getting him a thing and his ads are largely UNANSWERED..zip, nitch, nada for Obama. And lastly, YOU ARE NOT GOING TO CHANGE ANYONE'S MIND here at NQ, nor are you interested in considering a change of your mind, so why are you here? If it is simply to annoy, then you are further proof of why people won't vote for Obama. They are TIED in the polls. Why does reality escape the Obama supporters so easily?
Something HAS to be done on this bill. McCain shows up , Obama campaigns.
Doesn’t it frustrate you that campaigning is the ONLY qualification or intention Obama has?
He uses it to say he’s more qualified than a Governor, which by the way, his buddy Gov Rod Blagoviech blatantly calls wrong.
He uses it to exlain why he doesn’t have to do his current job as a sitting US senator. He is a Senator for my state. He shows no willingness to go to work to represent what his constituents want.
As far as Obama having more money, that is patently false. Take into account that the DNC is well behind the RNC in funds.
Besides, money won’t buy him votes..been there, done that. Haven’t you been paying attention? Outspends his opponents by ridiculous amounts and LOSES, the primaries sound familiar? His 49 million buy in FL isn’t getting him a thing and his ads are largely UNANSWERED..zip, nitch, nada for Obama.
And lastly, YOU ARE NOT GOING TO CHANGE ANYONE’S MIND here at NQ, nor are you interested in considering a change of your mind, so why are you here?
If it is simply to annoy, then you are further proof of why people won’t vote for Obama.

]]> By: athy http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776599 athy Thu, 25 Sep 2008 18:05:10 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776599 SF Hillary- who is the posturing fool? http://www.youtube.com/profile?user=themouthpeace&feature=iv&annotation_id=event_525530 http://www.thenation.com/doc/20080211/fraser The Nation, “Subprime Obama” by Max Fraser 1/24/08 Post 2/11/08 issue “Obama’s disappointing foreclosure plan stems from the centrist politics of his three chief economic advisers and his campaign’s ties to Wall Street institutions opposed to increased financial regulation”, according to the article. More examples of how Sen Obama has SABATOGED efforts to help the middle class and working class people in this country. http://www.motherjones.com/commentary/columns/2008/03/i-am-barack-obama.html Mother Jones, “ I am Barack Obama” by Mark Winston Griffith 3/17/08 “And on the question of a federal response to subprime lending abuses and foreclosure, an issue I’ve been passionate about since my days running a financial cooperative in Bedford-Stuyvesant, I’m convinced that extensive regulation and government intervention is the only way to curb predatory lending and prevent massive foreclosures. Obama, on the other hand, relies far more on the market correcting itself. Max Fraser recently wrote in The Nation that “As he has done on domestic issues like healthcare, job creation and energy policy, Obama is staking out a position to the right of not only populist Edwards but Clinton as well” Why would Gov Palin Not want to appear in a debate? Learn about the real Gov Palin & what she has accomplished in Alaska http://www.youtube.com/watch?v=Jt6VzuseI30 Now, Learn about the real Sen Obama and what he has accomplished in Chicago http://vodpod.com/watch/857180-why-chicagoans-are-against-obama Nearly 125 Shot Dead In Chicago Over Summer (2008) http://cbs4denver.com/national/chicago.summer.shootings.2.810882.html Sen Obama's ACTUAL Legislative Accomplishments: http://www.beyondchron.org/articles/The_Obama_Craze_Count_Me_Out_5413.html SF Hillary-
who is the posturing fool?

http://www.youtube.com/profile?user=themouthpeace&feature=iv&annotation_id=event_525530

http://www.thenation.com/doc/20080211/fraser

The Nation, “Subprime Obama” by Max Fraser 1/24/08 Post 2/11/08 issue
“Obama’s disappointing foreclosure plan stems from the centrist politics of his three chief economic advisers and his campaign’s ties to Wall Street institutions opposed to increased financial regulation”, according to the article.
More examples of how Sen Obama has SABATOGED efforts to help the middle class and working class people in this country.

http://www.motherjones.com/commentary/columns/2008/03/i-am-barack-obama.html

Mother Jones, “ I am Barack Obama” by Mark Winston Griffith 3/17/08

“And on the question of a federal response to subprime lending abuses and foreclosure, an issue I’ve been passionate about since my days running a financial cooperative in Bedford-Stuyvesant, I’m convinced that extensive regulation and government intervention is the only way to curb predatory lending and prevent massive foreclosures. Obama, on the other hand, relies far more on the market correcting itself. Max Fraser recently wrote in The Nation that “As he has done on domestic issues like healthcare, job creation and energy policy, Obama is staking out a position to the right of not only populist Edwards but Clinton as well”

Why would Gov Palin Not want to appear in a debate?

Learn about the real Gov Palin & what she has accomplished in Alaska

http://www.youtube.com/watch?v=Jt6VzuseI30

Now,

Learn about the real Sen Obama and what he has accomplished in Chicago

http://vodpod.com/watch/857180-why-chicagoans-are-against-obama

Nearly 125 Shot Dead In Chicago Over Summer (2008)

http://cbs4denver.com/national/chicago.summer.shootings.2.810882.html

Sen Obama’s ACTUAL Legislative

Accomplishments:

http://www.beyondchron.org/articles/The_Obama_Craze_Count_Me_Out_5413.html

]]> By: Bellevue_NW_Voter http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776593 Bellevue_NW_Voter Thu, 25 Sep 2008 18:03:31 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776593 I expect they'll pay at least that. One of the strategies I heard was that the govt would offer a PREMIUM as an incentive for financial institutions to sell the paper. Why? Because the institutions may recognize that with the sale goes a chunk of their profits, and if the institution is not yet on death's door, they may view that as an unnecessary hit to their bottom line. Paying a premium would get those businesses to see a reason to give up some of their later profits, for some income today. I expect they’ll pay at least that.

One of the strategies I heard was that the govt would offer a PREMIUM as an incentive for financial institutions to sell the paper.

Why? Because the institutions may recognize that with the sale goes a chunk of their profits, and if the institution is not yet on death’s door, they may view that as an unnecessary hit to their bottom line. Paying a premium would get those businesses to see a reason to give up some of their later profits, for some income today.

]]> By: Angry in the Midwest http://www.noquarterusa.net/blog/5048/why-the-left-should-back-paulson/#comment-776551 Angry in the Midwest Thu, 25 Sep 2008 17:56:45 +0000 http://noquarterusa.net/blog/2008/09/25/why-the-left-should-back-paulson/#comment-776551 I'm aware of McCain's pre-campaign political posturing relating to S.190 of 2005. He signed on as a co-sponsor in 2006, <em>after the bill had already died the previous year</em> in the Senate Committee on Banking, Housing, and Urban Affairs. (A committee which Barack Obama <em>did not</em> serve on, btw.) This is one of my gripes with McCain: He takes stands, but nothing materializes; he's been a reformer for years, but not much has ever gotten reformed; he's against lobbyists, but his campaign staff and advisors consist of nothing but. I’m aware of McCain’s pre-campaign political posturing relating to S.190 of 2005. He signed on as a co-sponsor in 2006, after the bill had already died the previous year in the Senate Committee on Banking, Housing, and Urban Affairs. (A committee which Barack Obama did not serve on, btw.) This is one of my gripes with McCain: He takes stands, but nothing materializes; he’s been a reformer for years, but not much has ever gotten reformed; he’s against lobbyists, but his campaign staff and advisors consist of nothing but.

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