Biden lied, kids died.

How can you tell when Joe Biden is lying?

His lips are moving.

Joe's pants are on fire.

re: #3 Sharmuta

Joe's pants are on fire.

That was just his reaction to meeting Sarah.

*ducks

And he keeps getting away with it.

/pulling what little hair I have left out.

I loved that Sarah called him on this.

And look at how he tries to frighten the girl he's talking to: "it's gonna ruin your lungs."

EWWWW! the way he leans in and touches people.
What a smarmy man.

I think you are all missing the proper nuance.

When he said he was against clean coal, he really meant it, at the time.

And when he says he is for it, he really is for it, at the time.

Silly conservatives with their set values and inflexibility.

I suggest the McCain campaign pick three of his finest lies and shoot a spot.

re: #7 Charles

And look at how he tries to frighten the girl he's talking to: "it's gonna ruin your lungs."

How much you want to bet he is a smoker?

re: #8 newsjunkie_ky

EWWWW! the way he leans in and touches people.
What a smarmy man.

I hope she showered after that. That old person smell is tough to wash of.

re: #7 Charles

And look at how he tries to frighten the girl he's talking to: "it's gonna ruin your lungs."

Nice approach. "Vote for us or die!" This must be the polar opposite of "Liberty or Death".

Isn't lying is a sign of poor character?

I remember this tape well. The man is an idiot. A dangerous idiot.
As for the lying part, debate rules for the Obama team a bit different than those for anyone else.

a - pimf

re: #3 Sharmuta

re: #4 Ford_Prefect

And his nose is growing.

^{What?... Not his nose?... Oh....}

re: #7 Charles

And look at how he tries to frighten the girl he's talking to: "it's gonna ruin your lungs."

It's all they have- fear mongering. It's how they keep women from voting for republicans- they fear monger the abortion issue. So why should the energy/environment be any different.

Hey, he's for clean coal for China, but not the US.

He also makes it absolutely clear that he believes global warming is manmade.

It's nice to see that the science really backs that up. COx emissions increase, but the temperatures have declined over the past decade. Something is amiss when we're incessantly told COx is the cause of global warming. Maybe it has something to do with this.

Meanwhile, how come we had perp walks for Tyco, Worldcom, and Enron, but when Fannie and Freddie engaged in the same kinds of accounting fraud and executive compensation, no one is lifting a finger (via the Anchoress). Better yet, no one is questioning the role that Raines or Johnson had in the scam.

re: #12 Ford_Prefect

How much you want to bet he is a smoker?

His boss is.

re: #15 unrealizedviewpoint

Isn't lying is a sign of poor character?

Guess that would depend on your definition of lying ;>}

///

Joe,

Santa Called.
Expect clean coal in your stocking this year .

re: #13 x-wing

I hope she showered after that. That old person smell is tough to wash of.

He has been in the senate for 35 years, that smell is even harder to get off.

Biden should keeps his hands off of young women.

/I could say more but won't

The old dem standard lie: "they're gonna take away your social security." hasn't surfaced yet.

re: #25 newsjunkie_ky

He has been in the senate for 35 years, that smell is even harder to get off.

LOL

re: #7 Charles

And look at how he tries to frighten the girl he's talking to: "it's gonna ruin your lungs."

Shoulda said "And it can make your hair fall out. See?"

re: #25 newsjunkie_ky

He has been in the senate for 35 years, that smell is even harder to get off.

Kind of off topic. What does everyone think about term limits for congress? I think it is time.

Doesn't this sound like to anyone else that he isn't saying he doesn't support clean coal but the United States as a whole isn't? He says "We don't support clean coal! China is building 2 new dirty coal plants a day" so isn't he saying the U.S. isn't supporting clean coal around the world, not that he doesn't support clean coal?

He definitely lied about a lot of stuff last night but I think this one might be getting twisted a little bit....

Does anyone besides me think he should have brought that young lady dinner at least before he pawed her?

He supported clean coal for China, not us.

re: #13 x-wing

I hope she showered after that. That old person smell is tough to wash of.

ah, that's not nice man. no need to be unkind to the older crowd. we'll all be there someday.

~OT:
AFP uses Tina Fey pic from SNL skit in actual news article on Sarah Palin.
LINK

re: #27 unrealizedviewpoint

The old dem standard lie: "they're gonna take away your social security." hasn't surfaced yet.

What SS? The Dems have already given away every dime I could ever put into it.

re: #24 ploome hineni

I would say fully 50% of Senators come across to me as if they were in the early statges of dementia. Another 10% clearly are demented.

A shorter version should be made into a commercial and put on the air in states like PA from now until election day. How can you trust anything this guy says?

OT but where in the hell is Howard "The Scream" Dean? I have not seen his face anywhere. I never watch MSNBC and rarely CNN so maybe he is hitting those channels but he use to be everywhere.

Lies you get away are the same as the truth.

re: #31 littlerinkus

That is your first post in 9 months? Watch out for some backlash.

re: #30 Ford_Prefect
I'm all for term limits.

re: #20 lawhawk

Hey, he's for clean coal for China, but not the US.

He also makes it absolutely clear that he believes global warming is manmade.

It's nice to see that the science really backs that up. COx emissions increase, but the temperatures have declined over the past decade. Something is amiss when we're incessantly told COx is the cause of global warming. Maybe it has something to do with this.

When he said he believed that global warming is all man-made I wish Palin had asked him, if that is the case, then why is it happening on Mars?

The MSM isn't even mentioning this. Our nation is a travesty.

A Best Of Biden vs Palin commercial could be hilarious. Calling Zucker.

re: #35 RTLM

~OT:
AFP uses Tina Fey pic from SNL skit in actual news article on Sarah Palin.
LINK

Oh that is funny as hell. The media cannot even tell the difference between fact and fiction anymore.

re: #20 lawhawk

Because they're Democrats.

Evidently, anyway.

Johnson and Raines are working with the Obama campaign; that makes arrests political. I'm pretty sure no one's going to arrest prominent people in a nominee's campaign.

Ya know , Biden does not creep me out & make my teeth itch the way that Obama does, but there is something wrong here.
Biden is either a pathological liar or delusional.

re: #35 RTLM

~OT:
AFP uses Tina Fey pic from SNL skit in actual news article on Sarah Palin.
LINK

What does the headline say?

re: #29 Pullus Iulius

Shoulda said "And it can make your hair fall out. See?"

"But don't worry. You can fix it with these neat hair plugs."

re: #31 littlerinkus

I think the quote that matters was "No coal plants here in America". Seems pretty simple to me.

re: #40 sammysdad

Lies you get away with are the same as the truth.

Unless someone calls you on it. Loudly.

Thanks Charles!

re: #31 littlerinkus

Doesn't this sound like to anyone else that he isn't saying he doesn't support clean coal but the United States as a whole isn't? He says "We don't support clean coal! China is building 2 new dirty coal plants a day" so isn't he saying the U.S. isn't supporting clean coal around the world, not that he doesn't support clean coal?

He definitely lied about a lot of stuff last night but I think this one might be getting twisted a little bit....

you are confused.

re: #27 unrealizedviewpoint

The old dem standard lie: "they're gonna take away your social security." hasn't surfaced yet.

I thought it had already been trotted out by Obama at some townhall or other in Florida?

If I made my living as a coal miner, and I heard Biden say this, I wouldn't vote for him. Man's not to be trusted.

re: #30 Ford_Prefect

Kind of off topic. What does everyone think about term limits for congress? I think it is time.

I think it reeks of the nanny state. We can't control ourselves, so we pass a law to protect us from our own choices.

re: #48 opnion

Ya know , Biden does not creep me out & make my teeth itch the way that Obama does, but there is something wrong here.
Biden is either a pathological liar or delusional.

I thought those were the two greatest assets in a Democratic candidate...

Sarah Palin porn film made by Larry Flynt

The Hustler founder has made an X-rated movie using an adult-film actress who resembles the governor of Alaska.

Flynt's team had posted an anonymous advert on the website Craigslist just days after Mrs Palin took the Republican convention by storm last month.

The ad read: "Looking for a Sarah Palin look-alike for an adult film to be shot in the next 10 days."

The actress would be paid $3,000 (£1,700) for the part.

Flynt's spokesman confirmed to the New York Daily News that the film had been shot, but he would not yet reveal the title.

Is Biden in favor of nuclear power?

re: #15 unrealizedviewpoint

Isn't lying is a sign of poor character?

No, lying is a sign of no character.

re: #49 newsjunkie_ky

What does the headline say?

I have no idea.

If Sarah had said she was against clean coal in a rope line, we'd still be hearing about it.

re: #43 CIA Reject

When he said he believed that global warming is all man-made I wish Palin had asked him, if that is the case, then why is it happening on Mars?

There's no need to broach. That war is lost. Global Warming is reality, no matter how big a lie it is.

re: #59 Kragar (Proud to be Kafir)

Sarah Palin porn film made by Larry Flynt

How the heck many people are there out there who look like Sarah Palin? Tina Fey; a friend of mine; and this porn actress. At least.

re: #59 Kragar (Proud to be Kafir)

Sarah Palin porn film made by Larry Flynt

There's your next Democratic candidate for POTUS.

re: #37 pat

I would say fully 50% of Senators come across to me as if they were in the early statges of dementia. Another 10% clearly are demented.

Reader, suppose that you were an idiot. And suppose that you were a member of Congress. But I repeat myself.

- Mark Twain

just keep putting up stuff like this Charles. The MSM will NOT do it. We need resources to be able to send to our undecided friends.

Forget about Biden's lies and misstatements (Yeah, I know thart means to forget about most of what came out of his mouth, but I digress). I am more concerned with the TRUE things he said!

He actually said he wants courts to be able to adjust the PRINCIPAL of a mortgage as well as the interest rate.

Holy Crap!

He and 0bama have said they want to protect people from foreclosure before, this is unbelievable.

Let me see if I have this straight. We are in the middle of a major financial crisis brought on by banks losing untold amounts of money because people can't repay the loans they gave (for whatever reason). And 0bama and Biden want to take away the banks ONLY RECOURSE for recovering some of their losses? Sure, people can't repay their loans, but no Mr. banker, you have no way of recovering anything. You can't take the home you technically own and hopefully sell it to a better credit risk to recover some of your losses.

WTF?

And adjusting PRINCIPAL? OK, so I bought a house for 300k with a 0 down loan, and now it's value has dropped, so it's worth only 200k. I can't pay my mortgage, and declare bankruptcy. The nice judge alters mt mortgage to 150k and lowers my interest rate. Great for me. The bank just lost 150K with absolutely NO CHANCE of ever getting it back. That sure will help with the financial mess we've got going on now!

I still can't make my payments, but now I can sell and pocket 50k. Nice. Hey if the market rebounds I just made 150k. Thank you mr. judge. I'm so sure that no judge anywhere will ever see that as an opportunity for corruption.

At least with foreclosure the bank can recover some of the money it loaned out, and if the market rebounds, it can recover all of it.

re: #35 RTLM

~OT:
AFP uses Tina Fey pic from SNL skit in actual news article on Sarah Palin.
LINK

Interesting. And the article, what parts are in that pic, is not even talking about the picture itself. It looks like they were looking for a pic of Sarah and that's what they used.

And the caption on the photo is talking about the debate between Biden and Palin.

Gee, most of the time a picture has something to do with the article.

re: #55 Kreuzueber Halbmond

If I made my living as a coal miner, doing anything, and I heard Biden say this, I wouldn't vote for him. Man's not to be trusted.

re: #57 Dianna

But looking at it from the other side you have people who are in office for decades who stay in by earmarking money all over the place and doing favors so they continue to get re-elected.

I'd support term limits. Get in, do your job and go back to being a citizen. I despise some of these guys that have been in for decades.

re: #57 Dianna

I think it reeks of the nanny state. We can't control ourselves, so we pass a law to protect us from our own choices.

The way I see it, it is not so much protecting us from our own choices but from the choices of neighboring states. I live in CT and I am tired of trying to figure out why Massachusetts keeps sending Kennedy to Washington. Or why CT keeps sending Dodd for that matter. I keep voting against him but it just doesn't seem to help.

these threads are coming out almost as fast as the lies from Joe's mouth.....

re: #43 CIA Reject

When he said he believed that global warming is all man-made I wish Palin had asked him, if that is the case, then why is it happening on Mars?

He can't possibly believe that. How did it happen before man?
When Dems get their play book , they go with it.

Why is he groping that girl, and then jabbing his finger in her face?

Bizarre behavior.

re: #43 CIA Reject

When he said he believed that global warming is all man-made I wish Palin had asked him, if that is the case, then why is it happening on Mars?

And it's going to get worse, Global Cooling is our next boogeyman (but this may be real), not caused by humans:
NASA Ulysses

Even CNN was saying that Biden won. They seriously make me want to puke.

re: #59 Kragar (Proud to be Kafir)

Sarah Palin porn film made by Larry Flynt

It means they are scared. And they should be.

re: #64 unrealizedviewpoint

Nonsense.

It's a lie. People are realizing it's a lie; I actually heard several people groan at one of those vapid "and fight global warming" bits tacked onto some ad the other day.

Never let a lie go unchallenged.

So he's a casual liar. Lies at the drop of a hat about things that can easily be fact-checked. Adds faux detail, structure, and imaginary context to his lies, which qualifies them as bullshit lies. A dyed-in-the-wool silly bastard.

Honest question: Does it matter?

If it hasn't turned him out of Congress in 30 years, is it going to matter now?

The most well-funded, relentless Republican advertising campaign imaginable, using Biden's own recorded statements, might nudge a few swing voters.

Yeah, he's full of shit. He's a clown. Does it matter? Can it be made to matter?

re: #74 redc1c4

these threads are coming out almost as fast as the lies from Joe's mouth.....

Choosing threads made easy, compliments Joe Lyin' Biden

re: #71 unrealizedviewpoint

Except for hair plug technicians. Their jobs are safe.

Will McCain/Palin PLEASE call out the dems when it comes to Fannie, Freddie and CRA? Who cares if it seems racist to some, most middle Americans will see it as Jessie Jackson-esque whining. Besides, McCain/Palin won't get any of the black vote anyway.

Hit 'em hard or lose, that's pretty much what it comes down to.

re: #78 sarah

Even CNN was saying that Biden won. They seriously make me want to puke.

what do you mean "even"? of course they would call it that way. what do you expect? that is not called the Communist News Network for nothing.

re: #79 soccerdad

It means they are scared. And they should be.

I don't believe Flint made this film. I want to see a link to the video. Oh, nevermind.

/sarc

"That depends on what the meaning of 'truth' is..."
/paraphrasing and sarcastic.

re: #85 Vergeltung

Its just sickening is what I was trying to get at. :(

re: #80 Dianna

Nonsense.

It's a lie. People are realizing it's a lie; I actually heard several people groan at one of those vapid "and fight global warming" bits tacked onto some ad the other day.

Never let a lie go unchallenged.

I guess Cap-N-Trade supported by McCain/Palin ain't real? Myself, I like Cap-N-Crunch.

I suppose some of you caught O'Reilly going nuts on Barney Frank. Wow.
[Link: deathby1000papercuts.com...]

re: #69 lipsticked pig

Well, provided the readjusted interest rate isn't ridiculous, the bank will still make about triple the principal (or more) from the buyer in interest.

re: #76 Occasional Reader

Why is he groping that girl, and then jabbing his finger in her face?

Bizarre behavior.

It really is. She seems to be a bit of a twit, but she's young. He comes off as a hectoring, intimidating old man.

Well, I understand CNN, etc. claiming Biden won, but what's with Charles Krauthammer in this article today?

I know he didn't take to Sarah, but really, it's a bit much to pretty much completely ignore her the day after the debate. He was also pretty sour about her last night in post-debate analysis, all things considered.

Mort Kondrake said Palin won by a landslide. But then Kondrake actually caught the Biden lies.

re: #88 sarah

Its just sickening is what I was trying to get at. :(

I hear ya! I watch through the prism of presuming all the Alphabet news channels are in the tank for the left, and only really remove the prism for FOX or my (former) daily read, the NY Sun.

re: #73 Ford_Prefect

The way I see it, it is not so much protecting us from our own choices but from the choices of neighboring states. I live in CT and I am tired of trying to figure out why Massachusetts keeps sending Kennedy to Washington. Or why CT keeps sending Dodd for that matter. I keep voting against him but it just doesn't seem to help.

In the end, you want legislate your desires. At least you're not trying to get the judiciary to do it for you.

I'm not pleased with this notion. I've always thought it was a ridiculous abdication of responsibility on the part of the citizenry.

Its time for McCain to cut the shit and use some of the supertanker full of ammo available to him to sink the cardboard candidates. It's stupid and silly for an election between a man and an invertebrate leech to be this close. Ridiculous.

re: #84 JSK1121

Will McCain/Palin PLEASE call out the dems when it comes to Fannie, Freddie and CRA? Who cares if it seems racist to some, most middle Americans will see it as Jessie Jackson-esque whining. Besides, McCain/Palin won't get any of the black vote anyway. Hit 'em hard or lose, that's pretty much what it comes down to.

I think, at the next debate, McCain should go all out monkey crazy on this topic, any reasonable chance he gets. No matter if you are for or against the bailout, the fact is the Dems have more to do with the meltdown than anyone.

And the solution, in the long run is going to hurt us at sometime. We are goinig to feel this, one way or another, so McCain should target the criminals who are responsible.

re: #89 unrealizedviewpoint

It's real.

They're wrong.

re: #94 Irene NYC

His stock has dropped with me. I don't understand his thinking on this.

Those claims made that McCain won't talk about the CRA for racial reasons?

Like he's getting any part of the black vote. What a joke.

re: #94 Irene NYC

Well, I understand CNN, etc. claiming Biden won, but what's with Charles Krauthammer in this article today?

I know he didn't take to Sarah, but really, it's a bit much to pretty much completely ignore her the day after the debate. He was also pretty sour about her last night in post-debate analysis, all things considered.

he has not liked the pick from Day One. I saw him on Fox All Stars right after the pick and he was crapping on it.

re: #93 ploome hineni

...............do you suppose banks are deliberately witholding credit

to get this bailout passed?

Nah, they wouldn't do that would they? Not any more than Congress would sit on the "crisis" and do nothing until just before the election - even though the fact that at least one big bank was going to fail was common enough knowledge that someone predicted it nearly three months ago right here.

re: #99 Walter L. Newton

I think, at the next debate, McCain should go all out monkey crazy on this topic, any reasonable chance he gets. No matter if you are for or against the bailout, the fact is the Dems have more to do with the meltdown than anyone.

And the solution, in the long run is going to hurt us at sometime. We are goinig to feel this, one way or another, so McCain should target the criminals who are responsible.

I hope you're right, but I highly doubt McCain will go after the dems at a town-hall style debate. He's bipartisan to a fault if you ask me, there's got to be a line drawn for him, especially when it comes to calling the dems out for fucking out economy.

re: #69 lipsticked pig

Forget about Biden's lies and misstatements (Yeah, I know thart means to forget about most of what came out of his mouth, but I digress). I am more concerned with the TRUE things he said!

He actually said he wants courts to be able to adjust the PRINCIPAL of a mortgage as well as the interest rate.

Holy Crap!

He and 0bama have said they want to protect people from foreclosure before, this is unbelievable.

Let me see if I have this straight. We are in the middle of a major financial crisis brought on by banks losing untold amounts of money because people can't repay the loans they gave (for whatever reason). And 0bama and Biden want to take away the banks ONLY RECOURSE for recovering some of their losses? Sure, people can't repay their loans, but no Mr. banker, you have no way of recovering anything. You can't take the home you technically own and hopefully sell it to a better credit risk to recover some of your losses.

WTF?

And adjusting PRINCIPAL? OK, so I bought a house for 300k with a 0 down loan, and now it's value has dropped, so it's worth only 200k. I can't pay my mortgage, and declare bankruptcy. The nice judge alters mt mortgage to 150k and lowers my interest rate. Great for me. The bank just lost 150K with absolutely NO CHANCE of ever getting it back. That sure will help with the financial mess we've got going on now!

I still can't make my payments, but now I can sell and pocket 50k. Nice. Hey if the market rebounds I just made 150k. Thank you mr. judge. I'm so sure that no judge anywhere will ever see that as an opportunity for corruption.

At least with foreclosure the bank can recover some of the money it loaned out, and if the market rebounds, it can recover all of it.

And don't forget the extreme decrease in revenue to the local and state governments because of the decreasae in property values!

it turns out that Katies Restaurant is closed.... and has been for 15 years.

maybe Joey oughta go back home more often?

re: #94 Irene NYC

I think Krauthammer is spot-on almost all the time. I only say 'almost,' not because I know of any bad positions on his part, but simply because I don't know all his positions.

I think he's spot-on here, too.

re: #93 ploome hineni

...............do you suppose banks are deliberately witholding credit

to get this bailout passed?

I haven't had a dropoff in the number of credit card or equity line offers in my mailbox. I personally don't think it's nearly as bad as advertised, but I'm no macro-economic genius either.

re: #30 Ford_Prefect

The Founding Fathers had anticipated term limits, IIRC. Also: my current governor, Mark Sanford, started out as a US Rep. who believed in term limits (and in slicing pork to ribbons). He didn't, to my knowledge, seek a third term in Congress.

/if Ms. Palin's looking for a 2012/2016 VP pick, I offer Governor Sanford. That guy cuts a budget to the bone....

re: #101 x-wing

His stock has dropped with me. I don't understand his thinking on this.

I think it's East-coast snobbery. You can see it in his face when he speaks about her - it's that visceral. And I like Charles K!

re: #94 Irene NYC

Well, I understand CNN, etc. claiming Biden won, but what's with Charles Krauthammer in this article today?

I know he didn't take to Sarah, but really, it's a bit much to pretty much completely ignore her the day after the debate. He was also pretty sour about her last night in post-debate analysis, all things considered.

I have NEVER liked Krauthhammer, he is a gun grabber, and therefore not conservative in my book. The shit he said last night proved me correct as far as I'm concerned.

Here's a pretty good article on the debate from FrontPage.com

Here's another Obama and Biden lie - debunked on The Official Obama/Biden website::

Diplomacy: Obama supports tough, direct presidential diplomacy with Iran without preconditions.

re: #85 Vergeltung

what do you mean "even"? of course they would call it that way. what do you expect? that is not called the Communist News Network for nothing.

i thought it stood for "Contains Nothing Newsworthy".............

musta missed that memo %-)

re: #78 sarah

Even CNN was saying that Biden won.

Even. Hmmm...

He also lied saying Obama supports nuclear.
Unlike McCain who has come out in a straightforward way in favor of nuclear, Obama has (as usual) played both sides of the fence by refusing to make a commitment one way or the other, and changing his position depending on who his audience is.

re: #97 Dianna

In the end, you want legislate your desires. At least you're not trying to get the judiciary to do it for you.

I'm not pleased with this notion. I've always thought it was a ridiculous abdication of responsibility on the part of the citizenry.

Would you reverse the term limits for the Presidency as well then?

And don't misunderstand me. I am not trying to be argumentative. I am curious to hear what people think about the merits or demerits of term limits.

re: #114 seekeroftruth

Here's another Obama and Biden lie - debunked on The Official Obama/Biden website::

Down the memory hole in 3,2,1...

re: #114 seekeroftruth

Here's another Obama and Biden lie - debunked on The Official Obama/Biden website::

ha!, there's two words that don't go together so well (except in liberal fantasy land), "tough" and "diplomacy"

it's like in Team America, when Kim Jong Il realizes that "Hans Brix" is only going to send him a letter, a letter saying that the "UN is really, really angry with him"

pofff!

re: #102 Irene NYC

Those claims made that McCain won't talk about the CRA for racial reasons?

Like he's getting any part of the black vote. What a joke.

If the folks even begin to think.. he's blaming minority communities, he's toast. Truth about the the CRA has no value here. He needs stay far far away. Leave it to the 527's.

re: #117 Spirit93

Obama: I'm all for nuclear waste. lol

/Nice platform to run on

re: #69 lipsticked pig

I'm glad someone else picked up on this I have no idea how this was not getting more coverage! That more than anything made me go nuts last night, you want to talk about true communism that is it, it is forced redistribution of wealth plain and simple to say you are going to take off the PRINCIPLE of a mortage!

re: #106 saberry0530

And don't forget the extreme decrease in revenue to the local and state governments because of the decreasae in property values!

....or the fact that banks will severely tighten up on the credit they issue......only the best credit risks will get money because the price can be fixed by the courts if bankruptcy is claimed.

It's really amazing what you can find on Obama's website. It usually doesn't support his campaign messages and stump speeches.

re: #107 redc1c4

it turns out that Katies Restaurant is closed.... and has been for 15 years.

maybe Joey oughta go back home more often?

that's precious.

re: #48 opnion

Ya know , Biden does not creep me out & make my teeth itch the way that Obama does, but there is something wrong here.
Biden is either a pathological liar or delusional.

He's just a good 'ole boy politician! That pretty much covers liar and delusional.

re: #57 Dianna
I agree!

Dianna,

No they won't.

Banks lend money based on the future value of that money at the end of the loan term. They know exactly what they will earn on that loan every day it remains outstanding, and that all goes into the banks balance sheet.

To put it another way, If I loan you $100000 at 5% for 5 years, that means I am expecting that loan to return that 5% in 5 years time. I am therefore passing up other opportunities at lower returns in order to give you your loan.

If all of a sudden I am told that you will only pay back 50000 at 3% in that same time period, I've not only lost the 50000 principal, and all of the interest that I've already accounted for in my accrued financial projections, I've lost the opportunity to loan that money out to other better credit risks that would have paid me back at the terms agreed on.

Saying that the bank will still recover the principal means very little when that is years out. It's a tremendous loss for the bank and will only exacerbate the mess we're in.

biden is a tired old crusty bored pol,
the most exciting thing that has happened to him in a long time was getting to stand near sarah palin last night.

Biden's creepy.

re: #121 unrealizedviewpoint

If the folks even begin to think.. he's blaming minority communities, he's toast. Truth about the the CRA has no value here. He needs stay far far away. Leave it to the 527's.

I don't know what "folks" you're talking about. Raines made 87 fuckin' million dollars in 6 years and you think people will care what color his skin is? Give me a break. There are plenty of ways to attack what went wrong with Fannie and Freddie without blaming whole communities or their taking umbrage at the attack.

From Power Line:

If Joe Biden were a high school student taking a test on the Constitution in a government course, he would get a C or a D. Some would say his mistakes were minor, and, as I said, they certainly won't swing any votes. But it is distinctly odd that a man who has been in the Senate for more than three decades doesn't understand the Constitutional role of the Vice President with respect to that body.

re: #114 seekeroftruth

Here's another Obama and Biden lie - debunked on The Official Obama/Biden website::

i saw that somewhere else too...... oh yeah: here.

Came home for lunch, walked in the door, turned on the TV and flipped to C-SPAN. First thing I heard was "I yield two minutes to the gentleman from Texas" and Holy Fright it was Ron Paul. The Good Doctor didn't sound nutty at all - in fact what he said made a hell of alot of sense.

Do you think I am coming down with a fever or something?

re: #118 Ford_Prefect

Would you reverse the term limits for the Presidency as well then?

And don't misunderstand me. I am not trying to be argumentative. I am curious to hear what people think about the merits or demerits of term limits.

It seems to me that the Constitution shouldn't have been amended to set a term limit on the Presidency. However, now that the amendment's in place, it seems a huge, wasteful effort to repeal it. In principle, I think it's wrong to set term limits.

The citizens ought to be responsible enough to pitch one set of rascals out and get a new set of rascals.

re: #127 jill e

He's just a good 'ole boy politician! That pretty much covers liar and delusional.

I don't blame him so much.. I mean it'd pretty hard to defend his positions without lying, right?

/

Somethings happening, I can't get Rightwingnews or HotAirs web sites up. Now I can't get Drudge.

re: #121 unrealizedviewpoint I have to say I disagree with you. As I've posted twice here - once in the wee hours of the morning:
"I said late last night, early this morning that the next Presidential Debate is about the Economy. I think at that debate, it seems to me it would take John Mcain about one minute (and probably less) to say "in 1998, the Democratic Congress signed the Community Reinvestment Act which REQUIRED LENDERS to make mortgage loans to borrowers with bad Credit. Senator Obama was not yet a US Senator, but he hasn't spoken out about this CRA, WHICH STARTED THE WHOLE SUBPRIME MORTGAGE CRISIS and I'd like to know what he thinks of it?" He could leave out Carter and ACORN and just hit Obama with it - either Obama won't know about it (hard to believe but with the king of er's,ah's and uh's you can never tell) or won't know what to say about it. And if Obama DOES know about it and says it was designed to help poor minority folks to own their own home, then McCain could easily say "Oh, I get it, tax folks making over $250,000, but give poor credit risks a mortgage that the taxpayers will have to bail out. I'll ask you what my running mate asked your running mate last Thursday - how long do you intend to wage class warfare on America?"!

That is, if McCain decides to fight to win this election."
And I stand by that. Americans may resent the rich, but sure would like to be rich and, more importantly see their children become rich. Class warfare in America, at least, really doesn't play well to a majority of voters.

I just can't get past how scary the prospect of an Obama presidency is... Not that he's that much worse than other candidates (altho he is), but it's the dogged way that people excuse what he says and does.

Sure Obama will meet with Dinnerjacket, without preconditions - that's what strong leaders do. Except obviously that he meant there would be work done in advance to make sure the ground rules were in place, only an idiot would forego that.

It goes on and on, and the press doesn't just believe this stuff; they promote it. Admonish those who don't see the perfect reason of it all. Sing for his enjoyment. Send their children off to summer camps to learn his ways.

I see nothing good coming out of that guy, certainly nothing good for someone that's not 'gotten his pod'. Don't sleep - they can only get you when you sleep....

/bodysnatcher off

re: #127 jill e

Yes if you lie much you cannot distinguish reality anymore.

No good to have a leader who cannot see reality.

Reminds me of W. Churchill's comment that if a leader is no good he must be pole-axed. (in "Their Finest Hour")

re: #128 UFO TOFU

I agree!

But why? That is what I am trying to get at. I understand that it is protecting us from ourselves, but sometimes that isn't a bad idea. And in this case it is really protecting ourselves from crooked politicians that manage to convince people that they are one thing while in fact they are another. I think term limits would help fight a lot of the corruption in Washington.

I feel that it is time to speak up for efficiency. Nowadays, inflation has snuck into every little thing, and we seldom speak up for the use of clear, concise, truthful verbiage.

Here's a perfect example, "Biden lied about supporting 'clean coal'. Using six words when two would suffice. The phrase 'about supporting 'clean coal'' is or course superfluous. You could have stopped after the first two words and been ever so much more efficient.

And just as accurate.

re: #133 Irene NYC

I don't know what "folks" you're talking about. Raines made 87 fuckin' million dollars in 6 years and you think people will care what color his skin is? Give me a break. There are plenty of ways to attack what went wrong with Fannie and Freddie without blaming whole communities or their taking umbrage at the attack.

I'm short time so here's my short answer: The folks, joe and jane six pack don't understand, don't want to understand, and will not understand.

re: #132 buzzsawmonkey

Krauthammer is saying some very unwelcome, but true, things in a very even tone. Here is hoping that McCain recognizes Krauthammer's apt description of what he is up against, and adjusts his game plan accordingly.

If he was interested in helping McCain, he would have said them in private, not on national TV. He was firing a torpedo and trying not to look like he was. Simple as that.

re: #137 Dianna

That sounds good in theory, but we've seen how it works in practice (congress).

re: #115 redc1c4

i thought it stood for "Contains Nothing Newsworthy".............

musta missed that memo %-)

It also can stand for Clinton News Network or Caliphate News Network, depending on one's attitude.

re: #123 littlerinkus

I don't know if its redistribution or communism, but it sure is TERRIBLE policy.

Can you imagine how hard it would be to get a mortgage if the bank knew that its terms may be reset at the whim of a judge and it was barred from foreclosing?

Why would anyone lend money to anyone but the absolute best credit risks, and even then the interest rates would have to be sky high to mitigate the risk.

It's totally INSANE.

It would destroy the financial markets we're trying to bail out.

re: #112 maddogg

This year is pretty interesting because you've got a split in both parties between elitist types vs. normal folks. And interestingly the top of the both tickets is elitist and the bottom is not.

So the election result will come down to whether non-elitist working class folks in Ohio, Pennsylvania, New Mexico and Wisconsin vote Republican or Democrat. Both types pretty much don't like the top of either ticket and they probably don't think the bottom of the ticket is important enough to make a difference.

I hope Sarah made the difference but I don't think it will be enough. So it will come down to which one of the two elitists, i.e. John or Barry, will be able to persuade sufficient numbers of normal folks to vote for them and I think its pretty much 50/50 right now - certainly not 33/67 as is predicted on Intrade.

re: #139 x-wing

I got Drudge up.

re: #140 realwest

sorry, out of time can't respond. see 146. :-(

re: #146 unrealizedviewpoint

I'm short time so here's my short answer: The folks, joe and jane six pack don't understand, don't want to understand, and will not understand.

I think they'll understand $87,000,000.00 just fine.

re: #137 Dianna

It seems to me that the Constitution shouldn't have been amended to set a term limit on the Presidency. However, now that the amendment's in place, it seems a huge, wasteful effort to repeal it. In principle, I think it's wrong to set term limits.

The citizens ought to be responsible enough to pitch one set of rascals out and get a new set of rascals.

Unfortunately the people haven't proven too good at that.

Here is a question for the lawyers out there. Would this have to be a Constitutional change? I agree with Diana that this shouldn't be an amendment issue as I am always very leery of anything that involves tampering with the Constitution.

re: #129 lipsticked pig

You do raise good points; however, when one makes one's $4,000/month payment, more than $3,000 of that is interest. The bank may already have accounted for that money, but that money was not there before.

Projections are a fascinating issue, and how banks handle them. But - never forget this - interest is new money for them.

re: #147 maddogg

If he was interested in helping McCain, he would have said them in private, not on national TV. He was firing a torpedo and trying not to look like he was. Simple as that.

Absolutely agree. And his facial expressions were just soooooo negative.

re: #155 Ford_Prefect

You are worn out after 8 years as president anyway.

re: #152 Sharmuta

I got Drudge up.

I' getting Nav. error on everything I try to bring up. Except here. Hmmm?

re: #150 lipsticked pig
I think it would go all the way to the Supreme Court if Congress tried to give judges the power to reset mortgages.

re: #155 Ford_Prefect

I'm not a lawyer, but I believe the only way to undo a Constitutional Amendment is to ratify another.

re: #150 lipsticked pig

I don't know if its redistribution or communism, but it sure is TERRIBLE policy.

Can you imagine how hard it would be to get a mortgage if the bank knew that its terms may be reset at the whim of a judge and it was barred from foreclosing?

Why would anyone lend money to anyone but the absolute best credit risks, and even then the interest rates would have to be sky high to mitigate the risk.

It's totally INSANE.

It would destroy the financial markets we're trying to bail out.

I'm thinking this would also give huge advantage to banks that get their loan funding from Fannie/Freddie. Fannie/Freddie take the risk, the bank gets revenue from servicing the loans. Seems like this would provide a huge impetus to fund all loans through Fannie/Freddie instead of self-funding them.

Does this make sense to anyone?

Some Biden votes on coal:

[Link: www.senate.gov...]

[Link: www.senate.gov...]

This second item above is confusing, but I think it's a vote to close debate and reject some amendments (including money for clean coal research) to the main energy bill.

[Link: www.senate.gov...]

re: #158 Ojoe

You are worn out after 8 years as president anyway.

It would seem to me that many in Congress are worn out as well, but they keep coming back.

re: #162 eschew_obfuscation

I'm thinking this would also give huge advantage to banks that get their loan funding from Fannie/Freddie. Fannie/Freddie take the risk, the bank gets revenue from servicing the loans. Seems like this would provide a huge impetus to fund all loans through Fannie/Freddie instead of self-funding them.

Does this make sense to anyone?

With all the toxic junk already out there for the Feds to deal with, I doubt that there'll be any money left to fund Fannie and Freddie to do that.

re: #143 Ford_Prefect

But why? That is what I am trying to get at. I understand that it is protecting us from ourselves, but sometimes that isn't a bad idea. And in this case it is really protecting ourselves from crooked politicians that manage to convince people that they are one thing while in fact they are another. I think term limits would help fight a lot of the corruption in Washington.

Actually, I fear that it would strengthen the machines, and increase and broaden corruption.

re: #147 maddogg

Krauthammer is playing the told-you-so game. At the end of the day -- and although I agree with him on almost all of the issues -- he is just one of the Washington elites and it shows.

re: #143 Ford_Prefect

But why? That is what I am trying to get at. I understand that it is protecting us from ourselves, but sometimes that isn't a bad idea. And in this case it is really protecting ourselves from crooked politicians that manage to convince people that they are one thing while in fact they are another. I think term limits would help fight a lot of the corruption in Washington.

Perhaps. But as voters we have a resposibility to educate ourselves, as much as that's possible, about those who would represent us. Changing the guard on autopilot seems like a pretty weak safety mechanism to me. And I have met a couple (okay two) representatives forced out by term limits were we were the worse for it.

re: #124 eschew_obfuscation

....or the fact that banks will severely tighten up on the credit they issue......only the best credit risks will get money because the price can be fixed by the courts if bankruptcy is claimed.

And then the banks will get sued by the Obama justice dept., along with ACORN, Jesse Jackson's PUSH, and assorted similar pressure groups for discriminating against minority home buyers. That's how all this started in the first place.

re: #161 Kreuzueber Halbmond

I'm not a lawyer, but I believe the only way to undo a Constitutional Amendment is to ratify another.

You can just repaeal it.

I'm just curious, does anyone out there really believe that Joe Biden knows when he is lying anymore? Biden lies effortlessly, he wouldn't know the truth if it smacked him on the nose - which it did, repeatedly - last night.

Sadly, I find myself channeling Jack Nicholson from A Few Good Men:

"You can't HANDLE the truth."

Apparently the media doesn't think Americans deserve the truth.

re: #161 Kreuzueber Halbmond

I'm not a lawyer, but I believe the only way to undo a Constitutional Amendment is to ratify another.

You don't have to be a lawyer to know that. See Prohibition.

re: #153 unrealizedviewpoint I'm truly sorry to hear that you're out of time. I think what I wrote VERY CONCISELY explains to middle America what started the SubPrime Crisis in the first place (CRA - signed by Bill Clinton after written by a Dem controlled Congress) and the "Class Warfare" that IN FACT the Dems are really running on - and I don't think Americans will like it very much at all.

re: #150 lipsticked pig

It seems to me it is redistribution if you enter into a contract that says "ok, the bank will pay 300,000 right now for this house you want but you have to agree to pay that back over time with some interest"

Then 3 years down the line the governemnt tells the bank "yeah, you know that 300,000 you were supposed to get? scratch that, we are only going to have them pay you 200,000 with interest in the end."

So you have a house that cost $300,000 with interest that in the end you will paid $200,000 and interest for. It sounds to me like you have an extra 100k to your name that came from bank. It might not be immediate and direct redistribution but by not having the person repay the entire cost in the end the bank has money that would have been theirs taken from them and given back to the purchaser.

OT:
Top Ten Cities in Poverty

What do the top ten cities with the highest poverty rate all have in common?

Detroit , MI (1st on the poverty rate list) hasn't elected a Republican mayor since 1961;

Buffalo, NY (2nd) hasn't elected one since 1954;

Cincinnati , OH (3rd)...since 1984;

Cleveland , OH (4th)...since 1989;

Miami , FL (5th) has never had a Republican mayor;

St. Louis , MO (6th)....since 1949;

El Paso , TX (7th) has never had a Republican mayor;

Milwaukee , WI (8th)...since 1908;

Philadelphia , PA (9th)...since 1952;

Newark , NJ (10th)...since 1907.
link

re: #161 Kreuzueber Halbmond

I'm not a lawyer, but I believe the only way to undo a Constitutional Amendment is to ratify another.

Yes, but what about term limits on Congress? I am not talking about undoing the Presidential term limits. The only time I have ever wished that were possible was in 1988. And even then it was likely best that Reagan was done when he was given his health issues.

re: #154 Irene NYC
Hey Irene - please see my #140 above!

re: #171 opnion

You can just repaeal it.

Nope. You have to over-ride it with another one.

re: #93 ploome hineni

...............do you suppose banks are deliberately witholding credit

to get this bailout passed?

Cloward-Piven.

America waits with bated breath while Washington struggles to bring the U.S. economy back from the brink of disaster. But many of those same politicians caused the crisis, and if left to their own devices will do so again.

Despite the mass media news blackout, a series of books, talk radio and the blogosphere have managed to expose Barack Obama's connections to his radical mentors -- Weather Underground bombers William Ayers and Bernardine Dohrn, Communist Party member Frank Marshall Davis and others. David Horowitz and his Discover the Networks.org have also contributed a wealth of information and have noted Obama's radical connections since the beginning.

Yet, no one to my knowledge has yet connected all the dots between Barack Obama and the Radical Left. When seen together, the influences on Obama's life comprise a who's who of the radical leftist movement, and it becomes painfully apparent that not only is Obama a willing participant in that movement, he has spent most of his adult life deeply immersed in it.

SNIP

Damn I wish I could spell.

re: #173 galloping granny

I know, but he was asking for a lawyer's opinion.

Hey real, I did and I agree.
;)

re: #167 Dianna

Actually, I fear that it would strengthen the machines, and increase and broaden corruption.

How so?

re: #172 Carolina Kathy

I'm just curious, does anyone out there really believe that Joe Biden knows when he is lying anymore? Biden lies effortlessly, he wouldn't know the truth if it smacked him on the nose - which it did, repeatedly - last night.

Sadly, I find myself channeling Jack Nicholson from A Few Good Men:

"You can't HANDLE the truth."

Apparently the media doesn't think Americans deserve the truth.

The media doesn't believe that objective truth even exists. They are moral relativists

re: #148 Spirit93

I see it, too.

My issue is that it's our fault. It's one thing to blame neighboring states, or being drowned in a sea of liberal voters. That's easy, and it's fun (I enjoy bashing my idiot neighbors as much as anyone else). However, it's the job of people like you and me to go, take over our local Republican committees, and find some viable candidates to go up against the incumbents.

Term limits are just pandering to our laziness. More, it's going to create deeply corrupt party machines designed to hold seats.

re: #134 jill e

From Power Line:

If Joe Biden were a high school student taking a test on the Constitution in a government course, he would get a C or a D. Some would say his mistakes were minor, and, as I said, they certainly won't swing any votes. But it is distinctly odd that a man who has been in the Senate for more than three decades doesn't understand the Constitutional role of the Vice President with respect to that body.

If I went into a job interview and didn't know what the role of the position was, would that make me look like I was wise or stoopid?

re: #175 littlerinkus
And under current US Law and IRS Regulations, that $100,000 "forgiveness of debt" would be taxed to the homeowner as INCOME.

re: #168 rednaxela

Krauthammer is playing the told-you-so game. At the end of the day -- and although I agree with him on almost all of the issues -- he is just one of the Washington elites and it shows.

Yes, and I think the flash of raw hatred for Sarah Palin I saw flash across his face while sticking the knife in her betrayed that elitism.

re: #156 Dianna

With all due respect, no it (interest) is not (new money).

Think of it a little like this.

You have choice between taking a couple of jobs. You take a job that pays you $4000 a month.

Because of that, you buy a house with mortgage and taxes that is $2000 a month. No problem because you can easily afford it and have money left to eat.

Now your employer says they are reducing your pay by 50%, and oh, by the way, you can't get a new job, or make more money, or sell your house.

You still owe $2000 a month but now you're up the creek.

Is it still OK because the $2000 a month new money? Or have you already accounted for that in your budget?

Not a perfect analogy by any means, but think about it.

Problem is that as much as we here (and many others who do not post) all agree about Biden, the MSM/CNN opinion maker and follower crowd do not see him that way.

Seems to me that following her national debut, the personal way the majority of the female bobble/talking heads immediately attacked Gov Palin, told us something important: They instinctively saw her as erasing their stranglehold on the narrative description of the role of the modern female.

All of a sudden, an existential threat from the Republican side!

This crushing blow to their collective identity was then compounded by Gov Palin as it became clear that the strength and new vision she brought to the national debate replaced their cherished politically correct notions, with many of the strong values (family, country), the MSM/elite crowd discarded years ago.

The pundits are fighting for their psychological lives because they invested too heavily in an outdated imploding model.

So, Biden won the debate end of story.

-30-

re: #179 galloping granny

Nope. You have to over-ride it with another one.

Just learned something. When prohibtion was repealed, does that mean that it had to be replaced by a Constitutional Amendement to allow distribution of alcohol or was it contained in the repeal?

re: #169 UFO TOFU

Perhaps. But as voters we have a resposibility to educate ourselves, as much as that's possible, about those who would represent us. Changing the guard on autopilot seems like a pretty weak safety mechanism to me. And I have met a couple (okay two) representatives forced out by term limits were we were the worse for it.

I agree with this wholeheartedly, unfortunately the reality is that there is no requirement to educate yourself before you vote, and as a result we end up with people in Washington that should not be there. And worse yet they end up being the senior members of Congress and therefore have more power and more opportunity to be corrupt.

re: #177 Ford_Prefect

An educated electorate is all we need. It's the best way to limit a Congressman's "service or disservice" to his nation.

re: #185 buzzsawmonkey

I'd settle for rotten apple in Joe's stocking.

re: #137 Dianna

It seems to me that the Constitution shouldn't have been amended to set a term limit on the Presidency. However, now that the amendment's in place, it seems a huge, wasteful effort to repeal it. In principle, I think it's wrong to set term limits.

The citizens ought to be responsible enough to pitch one set of rascals out and get a new set of rascals.

Disagree. The power of incumbency is so great that it is next to impossible for a sitting congressman or senator to lose. Add in the gerrymandering that goes on when drawing up districts that create safe seats for both parties and the only time you see a seat change hands is when someone dies, retires, gets caught in bed with the wrong person (only sometimes) or if the demographics of the district/state change significantly. The turnover in the Soviet Politburo was greater than the turnover in Congress.

re: #140 realwest

Good points regarding class warfare because that is what is being waged. Oh sure, they are going to couch it in more understandable and presentable tones - after all, who is really against more home ownership or encouraging more people to participate in the American dream of home ownership? But McCain and Palin need to start clearly, simply, and plainly articulating that there remains a level of responsibility and accountability.

Not everyone has the means or the compulsion to pay their debts or to be able to afford a home where they live. Someone who can't afford a home in San Fernando Valley, CA - can probably afford a home in Des Moines, IA, but doesn't want to live in Iowa. Should we as a group subsidize that San Fernando Valley person or work to provide and educate them that they have the opportunity to apply themselves and earn / save sufficient to buy a house in CA even if it may take awhile.

Changing the market conditions by encouraging those who can not / will not pay their way is not a service for those people, the market, or the companies that are going to be on the hook for the near worthless paper. Having crooked execs at Fannie / Freddie / Countrywide, etc. call that paper 'gold standard' in order to pad their books is not acceptable. This problem was avoidable. It was foreseen and a singular party (very few people within that party) blocked every attempt to correct the problem before it became a crisis.

What we are witnessing now will happen again - in about 15 years - as the Social Security system meltsdown. The same idiots who said that claims of an impending crisis were overblown and blocked the reform efforts are the same idiots that killed the current economy leading to the current bail-out / government nationalization of wide areas of the financial industry.

Mainstream sees this. They are angry about it. McCain and Palin need to speak to that and remind the voters that Obama is part and parcel with those that gave birth to this scandal and the pending SS scandal.

re: #162 eschew_obfuscation

Most FHA conforming loans are guaranteed by Freddie and Fannie, one way or another.

Those of us with nonconforming (that is, jumbo) loans weren't guaranteed by the Government. We had to sell our loans to the banks on their own merits.

We still got loans. Some have been rather strange. Government guarantees aren't necessary; I think they actually contribute to a problem.

However, the notion that some judge can decide that the bank doesn't get its principal back...that's an assault on property rights, and I think it's a very, very bad idea.

re: #179 galloping granny

Prohibition being a case in point.

re: #171 opnion

You can just repaeal it.

Repealing an existing Amendment requires a new amendment. The XXI Amendment was the repeal of the XVIII Amendment (Prohibition).

re: #174 realwest

Um...the original CRA was passed in 1977. Under Jimmy Carter. The expansion in 1995 was a Clinton disaster.

re: #193 opnion

Just learned something. When prohibtion was repealed, does that mean that it had to be replaced by a Constitutional Amendement to allow distribution of alcohol or was it contained in the repeal?

Section I of the XXI Amendment -
"The eighteenth article of amendment to the Constitution of the United States is hereby repealed."

It just repeals the XVIII Amendment and all of the prohibitions that amendment contained. It does not have to include a new permission for the distribution of alcohol.

re: #199 Dianna

Most FHA conforming loans are guaranteed by Freddie and Fannie, one way or another.

Those of us with nonconforming (that is, jumbo) loans weren't guaranteed by the Government. We had to sell our loans to the banks on their own merits.

We still got loans. Some have been rather strange. Government guarantees aren't necessary; I think they actually contribute to a problem.

However, the notion that some judge can decide that the bank doesn't get its principal back...that's an assault on property rights, and I think it's a very, very bad idea.

That's what I thought.....especially your last point. Once the government gets into something (CRA), it gets screwed up and the fix never seems to be getting government OUT of it.......just more government. Just Dumb.

re: #194 Ford_Prefect

I agree with this wholeheartedly, unfortunately the reality is that there is no requirement to educate yourself before you vote, and as a result we end up with people in Washington that should not be there.

Agreed, I guess that's the price we pay for getting to vote. My concern (other than forcing the rare qualified representative out) is if you know your approaching the limit, and can't campaign for reelection on your record; doesn't that insulate you somewhat from voter disapproval over some bs bill you crafted?

re: #1 rednaxela

Biden lied, kids died.

Biden lied; Democrat hopes died.

re: #206 UFO TOFU

Agreed, I guess that's the price we pay for getting to vote. My concern (other than forcing the rare qualified representative out) is if you know your approaching the limit, and can't campaign for reelection on your record; doesn't that insulate you somewhat from voter disapproval over some bs bill you crafted?

That is my one concern as well. The fact that someone qualified might be forced out doesn't concern me as much just because I feel that ousting so many unqualified people would be worth it.

re: #191 lipsticked pig

With all due respect, no it (interest) is not (new money).

Think of it a little like this.

You have choice between taking a couple of jobs. You take a job that pays you $4000 a month.

Because of that, you buy a house with mortgage and taxes that is $2000 a month. No problem because you can easily afford it and have money left to eat.

Now your employer says they are reducing your pay by 50%, and oh, by the way, you can't get a new job, or make more money, or sell your house.

You still owe $2000 a month but now you're up the creek.

Is it still OK because the $2000 a month new money? Or have you already accounted for that in your budget?

Not a perfect analogy by any means, but think about it.

A very long way from a perfect analogy! You are making a good point - that the cost of money is already accounted for in the bank's projections - but projections are just that: projections. Banks always have reserves and GOTH plans. They have to, or they're going to get badly burned.

Which does not mean that I disagree with you on how bad an idea it would be for the judiciary to be able to "adjust" principal or interest! It's a populist attack on property rights.

Money's an interesting world.

re: #193 opnion

All the repealing amendment really has to say is that the earlier amendment is repealed. Then the law goes back to what it had been before.

The 21st repeals the 18th, and also explicitly prohibits interstate traffic in alcoholic beverages that would be in violation of the various state laws.

[Link: www.usconstitution.net...]

re: #189 realwest

And under current US Law and IRS Regulations, that $100,000 "forgiveness of debt" would be taxed to the homeowner as INCOME.

IIRC, there's a bankruptcy exemption to the forgiveness of debt provision.

Passed.

re: #201 ploome hineni

this is very scary

how a few thousand people can overwhlem a democracy

Add to that Gramscianism.

re: #136 walksatnight

Came home for lunch, walked in the door, turned on the TV and flipped to C-SPAN. First thing I heard was "I yield two minutes to the gentleman from Texas" and Holy Fright it was Ron Paul. The Good Doctor didn't sound nutty at all - in fact what he said made a hell of alot of sense.

Do you think I am coming down with a fever or something?

No. I found myself agreeing with the gentleman from Ohio for a few moments last night, but only for a few moments. "Red Dennis" lost me when he started talking about bailing out defaulting mortgage borrowers and nationalizing oil companies.

re: #195 Kreuzueber Halbmond

An educated electorate is all we need. It's the best way to limit a Congressman's "service or disservice" to his nation.

The NEA is educating out electorate. The ones that stay in school, anyway.

re: #211 Son of the Black Dog

IIRC, there's a bankruptcy exemption to the forgiveness of debt provision.

But is the plan going to require that everyone who has their mortgage adjusted must declare bankruptcy?

re: #216 lurking faith

But is the plan going to require that everyone who has their mortgage adjusted must declare bankruptcy?

Actually, IIRC, it doesn't require an actual filing of bankruptcy, only that the taxpayer be de facto bankrupt. But don't ask me to link to the Internal Revenue Code, rules, and regulations.

re: #211 Son of the Black Dog

IIRC, there's a bankruptcy exemption to the forgiveness of debt provision.

You're thinking of the insolvency exception (IRC Section 108(a)(1)(B)). A taxpayer's liabilities must exceed the fair market value of his assets.

re: #20 lawhawk

He also makes it absolutely clear that he believes global warming is manmade.

[snip]

He gets a cut from Al "The Snake Oil Salesman" Gore.

re: #35 RTLM

~OT:
AFP uses Tina Fey pic from SNL skit in actual news article on Sarah Palin.
LINK

Frogs! God love'em, no one else does.

re: #39 JacksonTn

OT but where in the hell is Howard "The Scream" Dean? I have not seen his face anywhere. I never watch MSNBC and rarely CNN so maybe he is hitting those channels but he use to be everywhere.

Most likely in a padded cell.

re: #61 galloping granny

No, lying is a sign of no character.

Prime example: Bill Clinton.

re: #90 pat

I suppose some of you caught O'Reilly going nuts on Barney Frank. Wow.
[Link: deathby1000papercuts.com...]

Barney needs to get the shit out of his mouth when he speaks. Either that or wear his dentures. The shit head talks worse than I do.

As for Biden's comment about supporting "clean" coal. It depends on what your definition of "clean" is.

I don't believe it's possible to have 100%, pure, clean-burning coal. I live in Ohio (along the Ohio river) in the middle two coal-burning power plants, as well as two steel mills and numerous coal mines.

Biden's definition of "clean" will have these facilities and mines closed within a few years if, God forbid, Obama is elected president.

Yet, I know more than a few union members in my city that will vote Obama/Biden. Of course they would vote for satan if he had (D) after his name.

Very sad.

I am losing my mind. How is it that Biden can stand behind that podium during a (inter) nationally televised debate and lie through his teeth. And, for the most part, it doesn't cause a ripple in the MSM pond. How is this possible? Because here in NYC, where I live, undecided voters that I've had screaming matches with are believing every word that this knucklehead spoke. I need some help over here. I need some material to reference when I am swarmed by the overwhelming masses. Can't some smart person here help out one of their less computer savvy brethren and generate a fact sheet for me to refer to before I am torn to bits in the middle of Union Square Park? I can't keep track of the misrepresentations/lies. Every time I think I am finished compiling the list, I remember a whole bunch more. HELP!

Disappointing to see Palin back the Cape and Trade schemes. It is these finanicial schemes that give the Beltway such a bad reputation. Cap and Trade is just a revenue raising scheme, and will do nothing to reduce CO2.