tag:blogger.com,1999:blog-3373165199675890724.post8287924357851149433..comments2023-10-15T00:20:43.111-07:00Comments on Sarah Maid of Albion: The crooked finger of blameSarah Maid of Albionhttp://www.blogger.com/profile/11685494924450312124noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3373165199675890724.post-90624659757224511752009-04-07T08:17:00.000-07:002009-04-07T08:17:00.000-07:00The Philosophy of Liberty Cartoon was quite intere...The Philosophy of Liberty Cartoon was quite interesting, if a bit Utopian.<BR/><BR/>In most respects, I would much prefer to see businesses not get so large as General Motors, IBM, etc. I think that this creates an anti-competitive atmosphere because the large companies simply buy out their competition.<BR/><BR/>That said, you cannot be in the primary business of AIG, which is re-insurance, without being big. Their business is to re-insure other insurance companies to prevent them from gong broke when hit with large claims. There simply is no such thing as a "small re-insurance company." It is a non-sequitur.Dr.Dhttps://www.blogger.com/profile/18360786634583725263noreply@blogger.comtag:blogger.com,1999:blog-3373165199675890724.post-75587843238364499122009-04-06T22:27:00.000-07:002009-04-06T22:27:00.000-07:00.Good one. The Wall Streeters were fooled by the ....<BR/>Good one. The Wall Streeters were fooled by the magic talk of 'The One'. <BR/><BR/>They thought they could buy his loyalty, they were wrong.<BR/><BR/>The Wall Streeters and AIG people who got the huge payouts, aren't really getting 'bonuses'; it really is just 'deferred compensation'. They get a base of about 250-300k, but then they get a million or 10 later as a 'bonus'. If AIG had made a lot of money in that division instead of losing tons, their 'bonuses' would have been much bigger. At those levels even when they lose money they get BIG 'bonuses', it's just deferred compensation.<BR/><BR/>If companies can't pay what the market demands for that type of employee, then they can't hire them, and then they can't be in that particular line of business.<BR/><BR/>Let AIG go bankrupt? OK. But if they get bailout money to stay in business and pay their debts to other firms, they have to pay the compensation they owe their employees too. Period.<BR/><BR/>I think Pedro Martinez and Tom Cruise make too much also. So let's then limit how much the studio or the Yankees can make, and then tell them and the theaters what to charge for tickets.<BR/><BR/>Let's just outlaw 'being rich', except for politicians of course.<BR/>.<BR/>here’s an absurd thought -<BR/>our Supreme God <BR/>hates ALL rich people<BR/><BR/>unless they are Liberals<BR/>who have the right to be rich<BR/><BR/>.<BR/>absurd thought -<BR/>God of the Universe says<BR/>always create more taxes<BR/><BR/>hypnotize the people<BR/>one more tax will fix it all<BR/><BR/>.<BR/>absurd thought - <BR/>God of the Universe says<BR/>don't believe in me<BR/><BR/>put faith in communism<BR/>despite it killing billions<BR/>.<BR/><A HREF="http://www.lulu.com/content/2457373" REL="nofollow">USpace</A><BR/>.<BR/>All real freedom starts with freedom of speech. Without freedom of speech there can be no real freedom.<BR/>.<BR/><A HREF="http://www.libertarian.to/images/animation/PhilosophyOfLiberty-english.swf" REL="nofollow">Philosophy of Liberty Cartoon</A><BR/>.<BR/>But it’s a massive shame that politicians and the racial grievance industry forced banks starting back in the 80s to give home mortgages to poor people who weren’t credit worthy enough. <BR/><BR/>Then, they just started lending mortgages way beyond many people's credit abilities. That’s where all this mess started. And also that they didn’t regulate Fannie Mae and Freddie Mac like they do other banks. <BR/><BR/>This government intervention did not allow the Free Market to operate, a truly freer market employs credit standards. <BR/>Alan Greenspan should be exposed for the problems he helped cause by allowing credit quality to be ignored for so long before he said anything. <BR/>Scary, will sanity ever prevail?<BR/>.<BR/>if money were free<BR/>it would have no value<BR/>- extreme inflation<BR/><BR/>.<BR/>ignore credit scores<BR/>give everyone homes<BR/>- like musical chairs<BR/><BR/>to deny a mortgage<BR/>must be due to racism<BR/><BR/>.<BR/>absurd thought -<BR/>God of the Universe says<BR/>forgive all debts<BR/><BR/>settle all accounts<BR/>no one owes anything<BR/><BR/>.<BR/>absurd thought -<BR/>God of the Universe says<BR/>make housing costs look cheap<BR/><BR/>go paint a rosy picture<BR/>just get people to sign up<BR/>.<BR/><BR/>:)<BR/>.Captain USpacehttps://www.blogger.com/profile/00786470726332272129noreply@blogger.comtag:blogger.com,1999:blog-3373165199675890724.post-45656500601586292112009-04-05T15:03:00.000-07:002009-04-05T15:03:00.000-07:00Sarah said, "...the real villains are American pol...Sarah said, "...the real villains are American politicians playing social engineers. It actually goes back to an innocuous enough sounding piece of legislation called the Community Reinvestment Act..."<BR/><BR/>This is so true, and this pins the blame squarely where it lies. The CRA started out under the infamous peanut farmer James Earl Carter (Jimmah), and it has expanded and worked its poison ever since. (This is the same Carter who now is the virulent supporter of izlam.)<BR/><BR/>It was a wicked, wicked scheme, supposedly done for noble ends. It took the money of the poor, invested it in home mortgages that they could not afford and were almost certain to loose with the clear knowledge that in so doing they were robbing these people of their life savings. Then to avoid this negative outcome, they decided to rob everyone else instead. The liberals are all thieves at heart. It is only a question of who will they steal from today!Dr.Dhttps://www.blogger.com/profile/18360786634583725263noreply@blogger.com